💰 Shitcoin trading is a challenge, and doing DD without missing pumps is even harder!
⏱️ That's why I made this guide to conducting shitcoin research in under 3 mins
🚀 And the best bit? All the bots in the guide are FREE!
👇Welcome to Astro's Shitcoin Research Guide 👇
OK, first thing you need to do is join these Telegram channels to help you find fresh launches👇
🎯Here you will see a list of ALL new tokens listed on ETH
🔐Here you will see all new LP Locks on ETH
Now, you need to create your OWN Telegram group
This will be just you and the below bots👇
💬Each time you mention a contract address in this group, these bots will reply
More on that below
Now we can get to work
🤖I used Otto Deployments to find a token
I look for 2 things:
🏷️A good name/ticker that catches my eye
🧪A good checksum - this tells you how many times this contract has been launched or forked and how many of them rugged (See images for more info)
I avoided BIGINF but chose to look into VERSUS 👀
🤖I copy the CA and type /scan [contract] into the TG with my bots
💬I get the below sent to me by TTF and Otto
⚖️The outputs are similar but I use both as sometimes one picks up details the other misses
More on these next
What I look for on these outputs
🟢Socials [X/TG/Web] Links - Take a quick look over each
🟡LP Lock, Taxes & Contract Owner
🟠Are there any major flags?
At this stage I quickly pull up the chart by clicking "Chart" on the TTF output
📊The Chart output from TTF looks like this;
💵If I like the chart and feel it's not due for a pullback I usually make a small buy and continue to dig deeper
Note: You can also use Proficy for charting in TG as its a bit more flexible
The final stage of quick DD involves checking these outputs from TTF
🦈Holders - Sharks & Whales = Good Sign
🧮Taxes - To view how taxes have been handled
Also;
📩Join the TG
🌐Look more into the website
Aim to get a feel for the team and community before buying in with size
That's it! That's my simple guide to shitcoining.
There are certainly other bots out there you can use and there's more to due diligence but this should be more than enough to help most people improve their hit rate.
If you liked it please retweet the main tweet.
@steaketh
Yeah exactly. It doesn't necessarily mean they will buy its just something to watch out for.
Generally if it's like >90% rugs on the checksum is almost guaranteed a rug/hp