HOW TO DEGEN ? Episode 1 I made around 0.15 to 4 ETH on #Base by...
Hipp V@0xHippV
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Feb 19, 2024
~3 min read
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1
HOW TO DEGEN ?
Episode 1
I made around 0.15 to 4 ETH on #Base by keeping an eye on new pairs, I'll explain how I did it.
Don't hesitate to give a RT and a follow to support me
Episode 1
I made around 0.15 to 4 ETH on #Base by keeping an eye on new pairs, I'll explain how I did it.
Don't hesitate to give a RT and a follow to support me
2
In degen you have to go where the hype is
There's a hype on Base and on #ERC404 so I'm going to focus on that !
For a hype to be created a token has to explode, and this is the case with #Pandora
Eth could print big but Base launches are stealthier, fewer bots so better entry
There's a hype on Base and on #ERC404 so I'm going to focus on that !
For a hype to be created a token has to explode, and this is the case with #Pandora
Eth could print big but Base launches are stealthier, fewer bots so better entry
3
I spent all day in front of the new pairs on dexscreener, created less than an hour ago.
The link with my filter : dexscreener.com/base?rankBy=vo…
First I look at the name, then if the liquidity is at least $1/2k.
If everything looks good, I digg more.
The link with my filter : dexscreener.com/base?rankBy=vo…
First I look at the name, then if the liquidity is at least $1/2k.
If everything looks good, I digg more.
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For example, I found Troves at launch, which then went on to x100
I'm checking to see if it's an ERC404. For that, there must be 0 holders, and the purchase transactions are mint (check on basescan)
I'm checking to see if it's an ERC404. For that, there must be 0 holders, and the purchase transactions are mint (check on basescan)
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Then I try to find the socials to see if the project is being worked or a larp.
Often it's indicated on the contract, or I look for the name on Telegram and twitter.
To buy, I want a twitter, a TG with chat open, a good website.
Often it's indicated on the contract, or I look for the name on Telegram and twitter.
To buy, I want a twitter, a TG with chat open, a good website.
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You can also check the NFT design by pasting the token contract on Opensea
If I have time, I check the wallet deployer's transactions, to see if it hasn't rug before
For ex I've spotted a dev who rug many times by bridging through Orbiter, and not putting all his ETH in the LP.
If I have time, I check the wallet deployer's transactions, to see if it hasn't rug before
For ex I've spotted a dev who rug many times by bridging through Orbiter, and not putting all his ETH in the LP.
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The idea is to become an explorer expert, here Basescan, to find the maximum amount of information in a few seconds, and make the best possible decision.
The token can be x5 in a few minutes and you want to be one of the first to buy but also avoid rugs.
The token can be x5 in a few minutes and you want to be one of the first to buy but also avoid rugs.
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With experience, you quickly spot scams, insider tokens with potential thanks to volume, and underestimated projects.
If the project doesn't seem very safe, I'll TP my investment in x2, for example, to take the least risk.
I try to buy only under 10K MC if possible. Never fomo
If the project doesn't seem very safe, I'll TP my investment in x2, for example, to take the least risk.
I try to buy only under 10K MC if possible. Never fomo
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Thanks to this, I was able to be early on $TROVES and also $SWPRS that have performed well without having any insider info.
I've also bought scams, but the gains more than make up for the losses. I adapt my bet according to what I've observed (site, tg, twitter, nft design...)
I've also bought scams, but the gains more than make up for the losses. I adapt my bet according to what I've observed (site, tg, twitter, nft design...)
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If you're just starting out, be very very careful. I've been doing this for months and months
But there are a lot of traps and maybe 95% scams, so try to look without betting anything at first. Just observe !
We may also be at the end of the hype so tips to use for the next one
But there are a lot of traps and maybe 95% scams, so try to look without betting anything at first. Just observe !
We may also be at the end of the hype so tips to use for the next one
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The idea is to be there at the start of the hype, before the scammers arrive.
Thank you for reading, if you have any questions don't hesitate to reply to the tweet.
Tell me what you'd like to have threads on, and a little RT or like is always appreciated 🙏
Hippo 🦛
Thank you for reading, if you have any questions don't hesitate to reply to the tweet.
Tell me what you'd like to have threads on, and a little RT or like is always appreciated 🙏
Hippo 🦛