Don't want to be exploited again? Here comes the guide to beginner-friendly blockchain scanning tools!

Beginner9/5/2024, 2:58:33 PM
This article presents a beginner-friendly guide to Pump scanning tools, helping users stay on top of market trends and analyze asset quality to avoid unexpected exploitation.

As the first stop for getting rich quickly, Pump.fun has maintained its popularity since its launch six months ago. The frenzy for meme coins has not only failed to wane but has also seen Pump.fun’s protocol revenue and the number of new assets issued continue to rise.

With the Pump protocol’s cake getting bigger, other protocol projects are understandably envious. Besides Solana, Pump-type applications have been emerging across various chains. Whether on the Ethereum mainnet or Tron, these Pump applications have made quite a splash, attracting users to experience them across various public chains.

However, beyond the enticing opportunity for high returns, the reality is that Pump-type applications often lead to faster losses for most users. Compared to the mature secondary market, internal trading in Pump applications is more straightforward and brutal, with the one-click issuance mechanism making it easier for “conspiracy groups” to target retail investors, eagerly waiting to exploit them.

Therefore, to avoid being exploited and to filter out reliable targets among the myriad of Memecoins, “scanning the chain” has become an essential practice for seasoned players in the PvP arena to survive and improve their success rate.

Scanning the chain means using various on-chain tools to monitor new asset issuance dynamics in real-time, including but not limited to new asset issuances of quality targets, large on-chain transactions, trading volume rankings at fixed times, buy/sell activities of monitored addresses (smart money), and new launches by familiar developers.

Today, TechFlow presents a beginner-friendly guide to Pump scanning tools to help players stay informed and ahead in Pump PvP. The goal is not to make a huge profit but to remain in the game and avoid unexpected exploitation.

PS: This article is free of advertisements. The tools introduced are personally experienced by the author. It is recommended to use a new wallet for on-chain gaming and be cautious of phishing risks.

Line Tools Section

Line tools are a staple, essential for everyone even before various Pump schemes emerged. However, the recently popular Sunpump still has some bugs that prevent users from viewing K-lines and transactions regularly. Using third-party K-line tools can help track asset price movements more effectively.

Ave.ai

The platform updates new hotspots quickly, and now the homepage features Sunpump and a dedicated section for detailed indicators. It also supports entering contracts to view Sunpump’s internal price trends. However, it has been observed that sometimes the price updates may be delayed by a few minutes.

dextools

Dextools also supports TRON asset monitoring, allowing users to view internal prices of various Pumps in real-time with a smooth experience.

Monitoring Tools

For chain scanning, the most important feature of a comprehensive monitoring tool is its ability to track key indicators such as new asset issuance, short-term trading volume, and reaching share limits. These tools typically come in the form of “web version + TG bot.” Popular tools include GMGN.AI, BullX, and iCrypto. However, BullX currently requires an invitation code for access, and iCrypto does not yet support Solana.

Here, we’ll focus on GMGN.AI, which is popular among Chinese users. GMGN supports multi-chain asset monitoring and provides comprehensive tracking for Solana Pump.fun assets. The platform’s “Meme” section offers various detailed monitoring features, including new asset creation monitoring, internal share limit approaching monitoring, short-term trading volume surge monitoring, and open market monitoring.

While the open market monitoring function requires linking a user’s TG account to send real-time notifications, other features are readily accessible via the web version.

In addition to the opening monitoring function, which requires connecting to the user’s tg account to send instant notifications, other functions can be used immediately in the web version.

These indicators might seem to serve different purposes, but based on personal experience, flexible use of these metrics can help identify reliable assets more effectively:

For “New Asset Creation Monitoring,” focus on the Dev’s token holdings, the Dev’s past history, and the holdings of the top 10 addresses for a comprehensive overview.

For “Internal Share Limit Approaching Monitoring,” pay attention to assets with a surge in internal trading volume within a short period, check if there is significant participation from smart money, and see if there are any updates on the project’s official Twitter.

For “Open Market Monitoring,” review assets where the internal shares have already been filled. Focus on the Dev’s holdings, whether they have sold out, and explore if there are any other angles to participate. Also, check if there is interest from major players on official Twitter or if discussions are active in the TG community.

Additionally, GMGN supports custom condition filtering, allowing you to tailor searches based on social media accounts, top address holdings, Dev activities, trading volume, creation time, and other metrics.

Unfortunately, GMGN currently supports monitoring for ETH and Solana assets but does not yet support TRON asset monitoring.

Telegram Bot articles

As on-chain PvP becomes increasingly intense, staying ahead has become a key strategy for success. Various Telegram Bots are gaining popularity and becoming essential tools for on-chain users. Since the functions of trading bots are generally similar, here are a few commonly used bots that support Chinese and cover various functions such as on-chain dynamic monitoring, trading, and sniping.

GMGN.AI Bot

As mentioned earlier, GMGN.AI is available in a “web version + TG bot” format. In addition to its useful web tools, the TG Bot offered by GMGN.AI is quite comprehensive, supporting various forms of monitoring and trading, and it also supports Chinese.

Pepe boost

Pepe Boost is a Telegram Bot developed by a Chinese team, and it became well-known in the Chinese-speaking community during the Meme craze earlier this year. Pepe Boost supports multiple chains, including ETH mainnet, Solana, and Base. It offers practical on-chain features such as copy trading, sniping, and monitoring.

Sunpump monitor Bot

Recently, there aren’t any highly reliable trading bots for Sunpump. Here are some bots for monitoring Sunpump’s on-chain dynamics, provided for reference:

KOL recommended Sunpump asset tweet monitoring: https://t.me/+Ff1coEzyIbYyYTg1

Monitoring for assets reaching 30% of Sunpump’s share limit: https://t.me/sunpump1

Sunpump discussion channel (includes some query functions): https://t.me/sunpumpcaode

Summary

Investment carries risks. Please participate with caution. Tools, no matter how good, are just aids. The real key to success is to manage human nature, avoid FOMO, implement effective risk control, align actions with knowledge, and curb greed.

Wishing you a smooth journey in the on-chain world.

Disclaimer:

  1. This article is reproduced from [深潮 TechFlow], the copyright belongs to the original author [深潮 TechFlow], if you have any objections to the reprint, please contact the Gate Learn team, and the team will handle it as soon as possible according to relevant procedures.

  2. Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.

  3. Other language versions of the article are translated by the Gate Learn team and are not mentioned in Gate.io, the translated article may not be reproduced, distributed or plagiarized.

Don't want to be exploited again? Here comes the guide to beginner-friendly blockchain scanning tools!

Beginner9/5/2024, 2:58:33 PM
This article presents a beginner-friendly guide to Pump scanning tools, helping users stay on top of market trends and analyze asset quality to avoid unexpected exploitation.

As the first stop for getting rich quickly, Pump.fun has maintained its popularity since its launch six months ago. The frenzy for meme coins has not only failed to wane but has also seen Pump.fun’s protocol revenue and the number of new assets issued continue to rise.

With the Pump protocol’s cake getting bigger, other protocol projects are understandably envious. Besides Solana, Pump-type applications have been emerging across various chains. Whether on the Ethereum mainnet or Tron, these Pump applications have made quite a splash, attracting users to experience them across various public chains.

However, beyond the enticing opportunity for high returns, the reality is that Pump-type applications often lead to faster losses for most users. Compared to the mature secondary market, internal trading in Pump applications is more straightforward and brutal, with the one-click issuance mechanism making it easier for “conspiracy groups” to target retail investors, eagerly waiting to exploit them.

Therefore, to avoid being exploited and to filter out reliable targets among the myriad of Memecoins, “scanning the chain” has become an essential practice for seasoned players in the PvP arena to survive and improve their success rate.

Scanning the chain means using various on-chain tools to monitor new asset issuance dynamics in real-time, including but not limited to new asset issuances of quality targets, large on-chain transactions, trading volume rankings at fixed times, buy/sell activities of monitored addresses (smart money), and new launches by familiar developers.

Today, TechFlow presents a beginner-friendly guide to Pump scanning tools to help players stay informed and ahead in Pump PvP. The goal is not to make a huge profit but to remain in the game and avoid unexpected exploitation.

PS: This article is free of advertisements. The tools introduced are personally experienced by the author. It is recommended to use a new wallet for on-chain gaming and be cautious of phishing risks.

Line Tools Section

Line tools are a staple, essential for everyone even before various Pump schemes emerged. However, the recently popular Sunpump still has some bugs that prevent users from viewing K-lines and transactions regularly. Using third-party K-line tools can help track asset price movements more effectively.

Ave.ai

The platform updates new hotspots quickly, and now the homepage features Sunpump and a dedicated section for detailed indicators. It also supports entering contracts to view Sunpump’s internal price trends. However, it has been observed that sometimes the price updates may be delayed by a few minutes.

dextools

Dextools also supports TRON asset monitoring, allowing users to view internal prices of various Pumps in real-time with a smooth experience.

Monitoring Tools

For chain scanning, the most important feature of a comprehensive monitoring tool is its ability to track key indicators such as new asset issuance, short-term trading volume, and reaching share limits. These tools typically come in the form of “web version + TG bot.” Popular tools include GMGN.AI, BullX, and iCrypto. However, BullX currently requires an invitation code for access, and iCrypto does not yet support Solana.

Here, we’ll focus on GMGN.AI, which is popular among Chinese users. GMGN supports multi-chain asset monitoring and provides comprehensive tracking for Solana Pump.fun assets. The platform’s “Meme” section offers various detailed monitoring features, including new asset creation monitoring, internal share limit approaching monitoring, short-term trading volume surge monitoring, and open market monitoring.

While the open market monitoring function requires linking a user’s TG account to send real-time notifications, other features are readily accessible via the web version.

In addition to the opening monitoring function, which requires connecting to the user’s tg account to send instant notifications, other functions can be used immediately in the web version.

These indicators might seem to serve different purposes, but based on personal experience, flexible use of these metrics can help identify reliable assets more effectively:

For “New Asset Creation Monitoring,” focus on the Dev’s token holdings, the Dev’s past history, and the holdings of the top 10 addresses for a comprehensive overview.

For “Internal Share Limit Approaching Monitoring,” pay attention to assets with a surge in internal trading volume within a short period, check if there is significant participation from smart money, and see if there are any updates on the project’s official Twitter.

For “Open Market Monitoring,” review assets where the internal shares have already been filled. Focus on the Dev’s holdings, whether they have sold out, and explore if there are any other angles to participate. Also, check if there is interest from major players on official Twitter or if discussions are active in the TG community.

Additionally, GMGN supports custom condition filtering, allowing you to tailor searches based on social media accounts, top address holdings, Dev activities, trading volume, creation time, and other metrics.

Unfortunately, GMGN currently supports monitoring for ETH and Solana assets but does not yet support TRON asset monitoring.

Telegram Bot articles

As on-chain PvP becomes increasingly intense, staying ahead has become a key strategy for success. Various Telegram Bots are gaining popularity and becoming essential tools for on-chain users. Since the functions of trading bots are generally similar, here are a few commonly used bots that support Chinese and cover various functions such as on-chain dynamic monitoring, trading, and sniping.

GMGN.AI Bot

As mentioned earlier, GMGN.AI is available in a “web version + TG bot” format. In addition to its useful web tools, the TG Bot offered by GMGN.AI is quite comprehensive, supporting various forms of monitoring and trading, and it also supports Chinese.

Pepe boost

Pepe Boost is a Telegram Bot developed by a Chinese team, and it became well-known in the Chinese-speaking community during the Meme craze earlier this year. Pepe Boost supports multiple chains, including ETH mainnet, Solana, and Base. It offers practical on-chain features such as copy trading, sniping, and monitoring.

Sunpump monitor Bot

Recently, there aren’t any highly reliable trading bots for Sunpump. Here are some bots for monitoring Sunpump’s on-chain dynamics, provided for reference:

KOL recommended Sunpump asset tweet monitoring: https://t.me/+Ff1coEzyIbYyYTg1

Monitoring for assets reaching 30% of Sunpump’s share limit: https://t.me/sunpump1

Sunpump discussion channel (includes some query functions): https://t.me/sunpumpcaode

Summary

Investment carries risks. Please participate with caution. Tools, no matter how good, are just aids. The real key to success is to manage human nature, avoid FOMO, implement effective risk control, align actions with knowledge, and curb greed.

Wishing you a smooth journey in the on-chain world.

Disclaimer:

  1. This article is reproduced from [深潮 TechFlow], the copyright belongs to the original author [深潮 TechFlow], if you have any objections to the reprint, please contact the Gate Learn team, and the team will handle it as soon as possible according to relevant procedures.

  2. Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.

  3. Other language versions of the article are translated by the Gate Learn team and are not mentioned in Gate.io, the translated article may not be reproduced, distributed or plagiarized.

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