Talked with a guy in private group that turned $1,500 into $320,000 trading SOL memes.

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6 May 2024

Talked with a guy in private group that turned $1,500 into $320,000 trading $SOL memes.
I was stunned, he said:
“It’s easy, just scan potential plays with XXX tool”. Master this FREE tool in 10 min and catch the next 1,000x memes before others
Who owns the information owns the world. You don’t have to be an on-chain expert to predict next 1,000x plays; you just need the correct resources and knowledge. Imagine watching porn for 10 years and never go further then 1st page.
Ofc I’m talking about
@solscanofficial
. Solscan is a data analytics platform offering free access to real-time information on the Solana blockchain. It provides a vast amount of valuable information at no cost and can be a powerful tool for gaining an edge in the market.
Despite its current lack of popularity among crypto enthusiasts, Solscan remains one of the best tools for uncovering opportunities in the market. Let’s explore Solscan’s features and how we can leverage them to consistently make profitable trades
Let’s begin with the fundamentals. Solscan assists you in:
• Tracking wallets and fresh DEX pools
• Discovering new coins ahead of others
• Verifying smart contracts
Did you know that all Sol memes quickly start trading via liquidity pools on
@RaydiumProtocol
For your research, check out Raydium at http://solscan.io/amm/raydium You’ll find a detailed overview of trending tokens, launch dates, Total Value Locked, and 24-hour trading volume
Also, on the token’s individual page, you can discover:
• Quick analytics
• Largest holders
• DEX transactions
• And more Take a look at the example with $BODEN token below
Remember, if the top 10 wallets own over 25% of the total supply, it’s a serious concern These holders could potentially crash the token’s value by selling off their holdings Look for tokens with a more evenly distributed ownership to avoid any suspicious wallet activity
Note that CEX wallets are the exception to this rule It’s normal for CEX wallets to hold a significant portion of the token supply because they represent the collective holdings of thousands of real users who deposit and store tokens on the exchange
Another useful practice with Solscan is identifying insider wallets that entered early and sold near the peak You can analyze the top wallets by holdings to uncover intriguing insights. Here’s an example
Take a look at a big $BOME token holder’s wallet. It also has other memes totaling $10M+ Keep an eye on such traders, add them to your watchlist, and check back regularly. You might discover the next big thing like $WIF or $BOME before others
To simplify, paste those addresses into
@CieloFinance
You can filter transactions by type, size, and chain, and access them on the Cielo web app or via Discord/Telegram using a Cielo bot
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