Everyone is an 'on-chain emperor'? Analysis of the trading patterns of 'on-chain emperors'

Author: NingNing

Once you enter the MeMe coin, it feels as deep as the sea. After 48 hours of on-chain PVP, consciousness gradually becomes blurry, as if falling from a phenomenon realm that follows causal logic into a subconscious domain dominated by uncertainty. Rationality is being crushed by the market back and forth, and the self becomes weak, helpless, and lost. I’m not feeling well at all.

According to Dune panel data, 2zBoK currently launches around 25,000 meme coins per day, successfully listing about 400 of them on DEX. The success rate of launching is about 1.63%. Based on my brief experience, only a small proportion of these 400 successful MeME coins can break through the $1M Market Cap barrier. Even if they manage to break through the $1M Market Cap, the normal lifespan of most MeME coins is only 48 hours.

From the above data, it can be seen that meme coin trading is positioned closer to gambling on the spectrum from gambling to investment. However, unlike the previous generation of on-chain gambling with dice, slot machines, Crash, and k multiplier contracts, MeMe coin is more addictive due to the uncertainty of rewards (changing odds).

And, the Market Cap and account of MeMe coin have not realized profits, which is actually a kind of modern financial sleight of hand. The static actual extractable value of all MeMe coin holders is only equal to 1/2 of the pool value.

I have analyzed the latest 24-hour hot meme Token pool - Market Cap data, and the distribution of pool / Market Cap ratio is as follows:

• Ultra-high ratio (>100%): 5 projects
• High ratio (50-100%): 12 projects
• Medium ratio (20-50%): 28 items
• Low ratio (<20%): 15 projects

The mainstream pool / Market Cap ratio is between 30% and 60%. That is, the actual extractable value of all holders of these popular mem coins is only 15% to 30% of their Market Cap.

Of course, unless there is an extreme risk event, it is generally unlikely that all holders will experience a bank run at the same time. Holders can dynamically exit from the active trading market state after paying the gas fee + priority fee + slippage and other comprehensive transaction costs.

Given the above reasons, the trading model of meme coin differs greatly from other markets. As a newbie who has just entered the meme coin battlefield, instead of spending a lot of time, energy, and capital to learn and train our own meme coin trading framework, it is better to adopt the “copycat” approach and directly learn from the on-chain PVP emperors’ trading framework.

I selected 8 Chainlink Address from the 7d yield ranking list of the gmgn platform according to the two criteria of high yield and frequent trading. Then I fed their trading data to an AI Agent I created to analyze the trading patterns of each Address. Here are the analysis results:

Address 2zBoK trading mode

1. Trading time characteristics

• Active Period: 24/7 Trading
• High-frequency trading features: one transaction every 3-5 minutes
• Build a Position pace: Quickly build a Position in batches
• Close Position Features: Staggered reduce position

2. Operating Technique Features

get on board策略:

• Priority to grab new coins for the first time online
• follow high liquidity currencies
• Capture the bottom of market panic
• Track the trend of hot coins

Trading Strategy:

• 30% profit quickly recouped
• 50% Profit Halving Position
• 100% Profit Clearing Floating Chips
• Reserve 10% DepthpullbackMargin Replenishment

3. Fund Management Mode

• Position control: Main Position: 20-30% total funds
• Speculative positions: 5-10% of total funds
• Margin Replenishment funds: 15-20% reserve
• Emergency Liquidity: >30%

Address 52dq6 trading mode

1. Trading Frequency Features

• High-frequency traders: an average of 39.3 transactions per day
• Trading Time Distribution: 24/7 Trading
• Maximum consecutive trades for a single project: 11 (CHAOS)
• Trading Interval: Average 15-20 minutes per transaction

2. Target Selection Strategy

Focus on following Token: CHAOS (multiple large transactions)

• vvaifu ( Continuous Trading )
• BIOCHAD (High Profit Target)
• GRIMES (High Volatility Asset)

Trading features: Tend to large market value Token

• follow high liquidity targets
• Track Hot Coins
• Priority selection of well-known projects

3. Capital Management Strategy

• Position Control: Standard Position: $300-500
• Key Projects: $1000-3000
• Trial Position: $100-200
• Add Position: $500-1000
• Stop loss strategy: Quick stop loss: -15%
• Regular stop loss: -30%
• Maximum stop loss: -50%

Address 4Ye7c trading mode

1. Transaction Features

• Trading Pace: Concentrated Trading Hours: 8-22
• The maximum number of consecutive trades for a single variety is 8.
• Average trading interval: 15-25 minutes

Stable trading frequency, not affected by market fluctuations

Target selection: Focus on following: altGz, degenai, SPOOKYKAT, etc.

• Look for opportunities in medium Market Cap Token
• Tend to favor targets with better Liquidity
• Avoid extremely small Market Cap Token

2. Fund management strategy

get on board features

• First time Build a Position amount: $500-1000
• Increase the position condition: Increase the position after the price pumps 10%.
• When trading volume increases, increase the position
• Break through the key position increase the position

Build a Position rhythm: complete Build a Position in 3-5 times

• Single increase the position does not exceed 50% of the initial position
• Keep the total Position within 30%

Appearance Features

• Profit-taking: Start reducing position with 30% profit
• 50% Profit Halving Position
• 100% Profit Clearing Floating Chips
• Stop loss setting: Single stop loss: -15%
• Total position stop loss: -25%
• If the floating loss exceeds 30%, it will be forcibly closed all positions

Address BieeZ’s trading mode

1. Transaction Feature Analysis

Target selection features:

Focus on following Token:TAY (multiple large transactions in a row)

• TOKIDOKI ( High Liquidity Target )
• ruby (Batched Position Building Target)
• VITARDIO ( High Volatility Underlying )

Trading Frequency Characteristics

• High-frequency traders
• An average of one transaction every 6-15 minutes
• A single subject can be traded for a maximum of 5-8 consecutive transactions.

24/7 trading with no obvious time preference

2. Operation Strategy Analysis

get on board策略

• First warehouse feature scale: $800-1200
• Timing: Breakthrough or pullback stabilization
• Method: Quick Batch
• Verification: Trading Volume matching
• increase the position strategy profit increase the position: 10% profit position
• pullbackincrease the position: 5-8% pullback位
• Breakthrough increase the position: Key resistance level
• Maximum increase the position times: 3-4 times

Exit Strategy

• Set the first take profit: 30-50%
• Reduce position in batches: 20% pump each
• Final take profit: 150-200%
• Keep Position: 10-20%
• Set single stop loss at -8%
• Total stop loss: -15%
• Floating profit stop loss: drawdown exceeds 30%
• Time stop loss: no profit for 15 minutes

Address 2vfEa trading mode

1. Transaction Features

Characteristics of Target Selection

• Core follow currency: DREAM (main trading target)
• WOFAI ( Secondary Trading Subject )
• WIFE ( Auxiliary Trading Asset )
• ANTDOG ( Strategy verification target )

Trading Strategy Features

• High concentration strategy highly concentrated on DREAM Token
• Depth participation in a single underlying
• Long-term holding
• Build a Positionreduce position in batches
• Position management single trade size: $500-2500
• Maximum Holdings ratio: 60%
• increase the position ratio: 30-50%
• reduce position ratio: 20-30%

2. Operation Mode Analysis

get on board features

• Initial Build a Position: Moderate in scale ($500-1000)
• Build a Position in batches (3-5 transactions)
• follow price structure
• Pay attention to Trading Volume

increase the position策略:突破确认后increase the position

• pullback stabilizes increase the position
• Volume cooperation increase the position
• Trend continuation increase the position

Appearance Features

• Take profit strategy: Segment take profit
• Keep the core Position
• Track take profit
• swing trading操作

Address 57hdD’s trading mode

1. Transaction Features

Target Selection Features

• Extremely focused on ZENO Token
• Depth participation in a single underlying
• Full tracking of the underlying asset
• Avoiding Diversification

Trading Regularities Characteristics

• Build a Position Feature Start Position: $200-500
• increase the position rhythm: increase the position by 20% each pump
• increase the position ratio: 30-50%
• Maximum single transaction: around $2,000
• Time distribution Holdings period: 4-5 days
• Trading Period: Concentrated in Asia Time
• Operation frequency: Observe every 1-2 hours.
• Decision speed: fast and accurate

2. Strategy Analysis

get on board strategy:

• Price features break through the previous high point
• Volume significantly increased
• pullback stabilizes
• Chip concentration

Build a Position method: Small position trial

• Confirm and increase the position
• Build a Position in batches
• Dynamic Adjustment

Exit strategy: set take profit in segments take profit

• Rolling hold
• Preserve Seed Vault
• Dynamic Adjustment
• Stop Loss Design: Single Stop Loss: -10%
• Total Position stop loss: -20%
• Floating profit stop loss: -30%
• Time stop loss: 2 days not rise

Trading Model of Address DVLTL

1. Transaction Feature Analysis

Characteristics of Target Selection

• Trading currency: WSOL (large transactions)
• CLNKER (high-frequency operation)
• USDC (Liquidity Management)
• EVE (swing trading operation)

Operation mode characteristics

• Capital Management large orders operation: $3,000-8,000
• Tentative operation: $80-300
• Average Holdings: $500-1,500
• Liquidity Reserve: >30%
• Time management Holdings cycle: 1-3 days
• Trading Interval: 4-6 hours
• Observation period: Continuous monitoring
• Decision Time: Fast

2. Strategy Analysis

get on board features

Fundamental analysis selects projects based on fundamentals.

• Liquidity Analysis
• Fund Direction
• Market Sentiment

Technical analysis confirms the trend.

• Volume-Price Cooperation
• supportresistance
• Market structure

Capital Management Strategy

• Position Control Master Position: 30-40%
• Swing trading position: 10-20%
• Probe Warehouse: 5-10%
• Reserved Fund: >30%
• Risk control single stop loss: 15%
• Total position stop loss: 25%
• Profit Protection: 30%
• Composite Risk: 40%

Address 7sKVa transaction mode

1. Transaction Features

Operating Style

• High-frequency small-value frequent trading
• Small amount Build a Position
• Quick Close Position
• Dynamic Adjustment

Multi-currency Rotation

• MOSHI（Market Maker）
• Maxwell Series
• JUKEBOX
• Roblox

Trading Strategy Features

• 24/7 Trading for Time Management
• An average of one transaction every 13 minutes
• Centralized Trading Session
• Flexible adjustment
• Single transaction limit for fund management: $200-400
• Total Position: <30%
• Reserved funds: >50%
• Dynamic Balance

2. Strategy Analysis

get on board features

• Technical analysis chooses hourly breakthrough
• Volume-Price Cooperation
• support pressure
• Trend Confirmation

Build a Position approach tentatively Build a Position

• Increase the position in batches
• Dynamic Adjustment
• Timely stop loss

Exit Strategy

• set take profit gradient take profit
• swing trading concluded
• Trend Tracking
• Dynamic Adjustment
• Stop loss control single stop loss: 10%
• Intraday stop loss: 20%
• Total stop loss: 30%
• Time stop loss: 2 hours

We can see that these MEME coin chains show a very diverse trading pattern, each trading pattern has its own unique advantages:

– High-frequency trading type (4Ye7c, 7sKVa):

Advantages: Seize more short-term opportunities

Challenge: Requires strong execution capability and system support

– Value Investment Type (DVLTL, 57hdD):

Advantages: more controllable risks, less pressure

Challenge: Requires strong patience and research ability

– Balanced (BieeZ, 9X2hv):

Advantages: The risk-return ratio is relatively good

Challenge: Balancing Multiple Abilities

The above is an analysis of the trading patterns of the MEME on-chain emperors. However, due to limited samples and a short time interval, we cannot yet determine whether their success is due to their lucky status or their trading patterns.

Finally, provide a bit of additional data, the correlation between the pool size and Market Cap is 0.83, and the average daily trading volume / pool ratio is 0.73.

High-value meme coin has three characteristics: reasonable pool ratio (30-60%), stable trading activity, healthy coin distribution (Top10 holds 10%-15% of coins).