On-Chain Discovery of New Opportunities in Memecoin: Insights from $fish's Rise from Break-Even Price to 4x Gains
Recently, traders using on-chain scanning tools captured a project called $fish, which bought in at an initial price of $1,216 and rose to $4,718, achieving nearly 4x returns. This case is worth our attention.
For traders focused on short-term memecoin trading, the key lies in accurately identifying early-stage projects. The on-chain data analysis methods employed by this trader—tracking liquidity changes of newly listed tokens, trading activity, and holding distribution—are indeed more reliable than blindly following trends.
The contract address for $fish is CmgJ1PobhUqB7MEa8qDkiG2TUpMTskWj8d9JeZWSpump. While a single successful case does not represent a universal rule, such examples remind us: in the high-risk, high-reward memecoin sector, mastering basic on-chain analysis skills and data interpretation methods can indeed help traders better seize opportunities.
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GasFeeCrier
· 3h ago
Once again, this is a case of hindsight bias. I just want to ask how many people can really buy the dip early...
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FastLeaver
· 5h ago
It's another 4x story. Why don't I have this luck?
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TokenTaxonomist
· 5h ago
ngl the 4x flex is cute but statistically speaking one survivor out of thousand rugpulls doesn't exactly validate the thesis here
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TokenEconomist
· 5h ago
actually, let me break this down—the key variable here is survivorship bias, ceteris paribus this $fish case is just noise in the meme market distribution... 4x returns sound nice until you realize 99% of these pump-and-dumps crater to zero lmao
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RugPullAlarm
· 5h ago
4x? Wait, let me check if this contract address is malicious, and how concentrated the large holders are.
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MissedAirdropAgain
· 5h ago
Another case of Monday morning quarterbacking... Can it really be replicated?
On-Chain Discovery of New Opportunities in Memecoin: Insights from $fish's Rise from Break-Even Price to 4x Gains
Recently, traders using on-chain scanning tools captured a project called $fish, which bought in at an initial price of $1,216 and rose to $4,718, achieving nearly 4x returns. This case is worth our attention.
For traders focused on short-term memecoin trading, the key lies in accurately identifying early-stage projects. The on-chain data analysis methods employed by this trader—tracking liquidity changes of newly listed tokens, trading activity, and holding distribution—are indeed more reliable than blindly following trends.
The contract address for $fish is CmgJ1PobhUqB7MEa8qDkiG2TUpMTskWj8d9JeZWSpump. While a single successful case does not represent a universal rule, such examples remind us: in the high-risk, high-reward memecoin sector, mastering basic on-chain analysis skills and data interpretation methods can indeed help traders better seize opportunities.