Make MILLIONS Tracking Solana Memecoin Insider Wallets (10,000x Strategy Guide)
Summary
TLDRIn this video, the presenter shares expert tips on tracking insider and influencer wallets to capitalize on cryptocurrency investments. They introduce a bot for real-time tracking, discuss strategies for identifying smart traders and insiders, and demonstrate how to use tools like GMG and Dex Screener. The video also covers finding wallets of influencers from social media and concludes with a giveaway, encouraging viewers to apply the strategies for potential high returns.
Takeaways
- ๐ Tracking wallets of smart traders and insiders can lead to significant profits, with examples showing up to a 100x return.
- ๐ค The Ray tracker bot is recommended for wallet tracking, with both free and paid versions available, offering notifications on coin buys.
- ๐๏ธ Using on-chain tools like Photon and GMG allows traders to track wallet activity and identify potential smart traders or insiders.
- ๐ผ Smart traders often buy early or during key moments, making their wallets worth tracking for profitable signals.
- ๐ Insider wallets can be identified by reviewing transactions made just before major price increases, offering high-profit potential.
- ๐ ๏ธ Wallet tracking tools like BirdEye and GMG allow users to filter trades by value and time to find key insider activity during specific events.
- ๐ฅ Smart traders often have a network of other skilled traders, making it valuable to track their associated wallets.
- ๐ก Monitoring influencer wallets on social media can provide insights into trades, but caution is advised before blindly following them.
- ๐ธ The video highlights several methods for tracking influencersโ wallets, including using tools like GMG to verify their trade history and performance.
- ๐ A 2.5 Solana giveaway is offered at the end of the video for subscribers who provide their wallet addresses.
Q & A
What is the main focus of the video?
-The main focus of the video is teaching viewers how to find and track 'smart' and 'insider' cryptocurrency wallets, which can be used to make profitable trades by following the actions of these wallets.
What are the benefits of tracking smart wallets?
-Tracking smart wallets allows traders to follow the actions of experienced traders, potentially mimicking their successful trades and making significant profits.
What bot does the creator recommend for tracking wallets?
-The creator recommends using the Ray Tracker bot, which has both a free version and a paid version that offers faster tracking and the ability to track more wallets.
What are some of the notable examples of successful trades mentioned in the video?
-Notable examples include SCF, which could have made up to a 3,000x return, and jaar Jack, which resulted in a 10x profit for the creator.
How can you set up the Ray Tracker bot?
-To set up the Ray Tracker bot, you need to select a wallet, name it something memorable, and configure it for alerts. If you pay for the premium version, you can track up to 50 wallets with faster notifications.
What is the best method for finding smart wallets without using external tools?
-The easiest method is to go on-chain and find top traders who bought and sold at key times, such as just before a big pump, and track their wallets.
How can you identify insider wallets?
-Insider wallets can be identified by looking for wallets that bought coins at the very beginning of a project or just before a significant pump. These wallets are often linked to the development team or insiders with privileged information.
What is GMGM and how is it useful for tracking wallets?
-GMGM is a tool that allows you to check wallet performance, including profit and win rate. It's useful for evaluating whether a wallet is worth tracking by providing detailed statistics.
What other tools can be used to track wallets besides Ray Tracker and GMGM?
-Other tools mentioned include Cell Finance, which offers features like wallet tracking, related wallets, and transaction history, as well as Bullocks for finding wallets related to top traders.
What advice does the creator give for filtering good wallets to track?
-The creator advises looking for wallets with a high ROI (above 30%) and a high win rate (over 60%), but also emphasizes the importance of applying risk management when copying trades from these wallets.
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