In the world of crypto trading, some traders are using cutting-edge automation to generate massive returns. One such trader, Leviathan, shared his success story on Twitter, revealing how he developed an automated bot, called PumpFun, that earned him $243,929. Here’s a breakdown of the key points he shared about how it all works.
Focus on Low Market Cap Coins
Many traders believe that high-risk, high-reward memecoins with 100k market caps are the way to go. Leviathan, however, emphasized the opposite. His strategy focuses on consistently targeting low-market-cap coins in the range of 5-10k. With this approach, he was able to achieve 5-10x returns regularly, and in some exceptional cases, even much higher returns. For example, the PumpFun bot identified $GOAT, which skyrocketed by 173x, and $WIF, which jumped by 145x.
How the Bot Works
Leviathan explained that his bot is programmed to scan thousands of coins using market intelligence from services like PumpFun and filter the most promising tokens. The process begins with gathering information from social media platforms like Twitter, Telegram, and Discord. This data allows the bot to stay updated on the latest market movements and trends.
Rugcheck and Security
To ensure the bot doesn’t fall prey to scams or rug pulls, it incorporates Rugchecker from Rugcheckxyz. This feature helps minimize the risk of losing money, reducing it by 99%, according to Leviathan.
Speed and Automation
A crucial feature of the bot is its ability to execute fast transactions using the ToxiSolanaBot. The bot is also integrated with copy-trading functionality, making it even more effective for passive income. Leviathan’s bot is so automated that he can instruct AI to buy and sell assets with specific slippage values, allowing for optimized trading with minimal oversight.
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By building this sophisticated setup, Leviathan not only ensured a steady income but also shared his methods with others, inviting people to follow his Telegram channel where he shares exclusive insights and giveaways.
This crypto trader’s story highlights the potential of automation and AI in generating significant passive income, leveraging data from across the web to make informed, fast decisions in the ever-volatile crypto markets.