Thread by @0x_Discover

Copy-trading has the potential to generate insane profits

I know how to copy trades correctly and effectively, earning up to 1000% profit a day.

Others charge 100+ SOL for info like this, but it's free here.

Your step-by-step guide to turning 0.1 SOL into 1000 SOL in no time 🧵👇

Most insiders are either developers or individuals closely connected to project teams.

For the average trader, gaining access to these inner circles for exclusive information is challenging.

However, since the blockchain is transparent, you can still track their wallets and mirror their actions.

1/Pick the Right Tool

I suggest using GMGN to locate insider wallets.

@gmgnai is an AI-powered platform that analyzes millions of wallets and provides easy access to this data.

With GMGN, you can monitor top trades, study memecoins, and even trade directly — all in one convenient platform.

2/Getting Started

Head to GMGN at gmgn.ai/?ref=US1w2OIS&… and connect your wallet or Telegram.

Go to the "New Pairs" section to discover new memecoins.

Use these filters to narrow your search:
✦ At least 1 social link
✦ Top 10 holders
✦ Market cap: $100k+
✦ Liquidity: $20k+
✦1-hour transactions: 200+
✦ Total holders: 200+

Once you find a promising token, navigate to the Meme page and select "Top Traders" to identify smart wallets.

The second tool offers a quick assessment of a memecoin.

✦ Simply enter the memecoin’s address into @Rugcheckxyz, and if it shows "Good," you can continue monitoring it.

You can also quickly check the supply, liquidity, and market cap.

Another way to find smart wallets is by using the "Discover" tab.

✦ Go to the "Discover" section, click on 'KOL/VC,' and sort the results by PnL.

✦ This will provide access to wallets owned by prominent influencers and VCs.

✦ While many try to keep their wallets hidden, GMGN reveals most of these identities, allowing you to easily track their activities and follow their moves.

Analyze Potential Insider Wallets

Once you identify an intriguing wallet, take the time to examine its key metrics:

✦ Win Rate, PnL, and Trade Count: These figures reflect the trader’s performance. Focus on wallets with a win rate of over 40% and a 7-day PnL above 50%, with fewer than 300 trades.

✦ Current Balance: A low balance may indicate inactivity. Prioritize wallets with enough liquidity to track active traders.

✦ Trading Patterns: Review the timing of their purchases—did they anticipate price pumps? Their strategies can provide valuable insights for your own trading.

Tracking X degens. X degens are usually first to spot a meme token and drop the alpha. Here's a list of them:

@0x_Discover
@Danny_Crypton
@DefiWimar
@CryptoNobler
@0xPhilanthrop
@rektfencer

Trading bots

✦ The best trading bot is

✦ It is very convenient and reliable

✦ With Telegram, you can trade from any gadget.

✦ Don't forget to activate the MEV bot protection and customize your commissions and slippage for the best trading conditions.t.me/toxi_solana_bo…

To find top memecoins, you'll need smart wallets.

💰Wallet: D37KwuoeLJJqVkD9EPaLD4zfwAZdp7WnH6BoJ5BPJ8rb

Trades:$VVAIFU,$e
Win Rate: 90.72%
Total Profit (PnL): +$1.4M

💰E2SRcmvvX71efevxnYJTcW9oggnprz7Xk2aSj3DV558L

Trades: $BLUEY, $GATO

Win rate: 78.95% -
Total Profit (PnL): +$960.9k

💰6vdXD7uu4zBXMjWecqMPWGsy5H7dSQXSYJS4gNqGbvTt

Trades: $ACT, $Pnut , #DOGECAST

Win Rate: 60.48%
Total Profit (PnL): +$2.32M

💰8fSnLTnRViK83dDesivTsPx2wiRhwti9xoafeMGjEyLJ

Trades: $Pnut,$slop

Win Rate: 75.23%
Total PnL: +$4.7M

The last step before purchasing is always conducting your own research.

Avoid the mistake of blindly following influencers and jumping into a token.

Use @rugcheckxyz to spot rug pulls and @bubblemaps to expose fake token volumes and transactions.