XEEX on-chain trading platform aims to help players on the chain complete transactions better through professional on-chain market analysis, and provide safe, professional, fastest and most comprehensive aggregated data services. It supports the popular public chain market in the entire network, helping users track smart money, etc.
The threshold for on-chain trading operations is high. This tutorial will teach you how to use XEEX to unlock the wealth code of 100 times Meme coins! As the most complete and fastest leader in this round of meme market, XEEX is a gathering place for many novice players to dig for wealth. This article will focus on new listings, mainly teaching everyone how to find, analyze and trade Meme coins through the XEEX platform.
Quick introduction for beginners
What is XEEX?
XEEX is an AI-driven next-generation on-chain trading platform that aims to bridge the gap between Web2 and Web3, simplify users' on-chain transactions, and enable it to provide simple and friendly services to 1 billion new users. XEEX tracks on-chain trends on multiple public chains such as Solana and BNB CHAIN, explores smart money, and explores trading opportunities in massive new assets and on-chain transactions, providing users with simple UX/UI and secure wallet hosting similar to CEX, greatly reducing the entry threshold for new users. XEEX provides real-time Dex trading data and analysis of smart money, KOL, rat warehouse, whales, etc., provides real-time and comprehensive meme data dashboards, provides players with high-quality decision-making basis, and smoothly completes on-chain transactions, including sniping, limit orders and other services. You can access PC-side direct transactions through XEEX, or download XEEX Android and IOS mobile terminals for transactions.
What is on-chain trading?
Transactions conducted directly on the blockchain are called on-chain transactions. Your funds are stored in your own wallet and do not rely on any third party. Therefore, on-chain transactions are safer and more transparent, and are the first choice for many senior players.
Which wallet to use?
You can directly choose to register with an email address, which is convenient and fast. Of course, we also integrate and are compatible with mainstream wallets such as OKX, MetaMask (Little Fox Wallet) for direct login.
What is the token address (CA)?
There are many meme coins with the same name. If you accidentally buy a copycat, your capital will be wasted. The token smart address (Contract Address) is the best way to accurately search for the meme coin you are interested in. It is similar to the ID card of the meme coin. The token address is similar to a string of letters like "GBLMV*****pump". Paste this code in the XEEX search box to find the corresponding token. As shown in the figure below:
Discover high-quality new projects
Pay attention to smart money
Tracking smart money means tracking the wallet addresses of users who have obtained higher returns on the chain and observing the investment objects they choose, which can help you screen out high-quality meme coin investment targets in the early stage.
After paying attention to smart money, you can track the dynamics of smart money and view the information of tokens they buy and sell.
You can click on any smart money address interface for more detailed information, including positions, profits and losses, trading activities, etc.
Hundreds of meme coins are launched on the chain every day, and there may be concentrated purchases by smart money. When choosing to pay attention to objects, it is best to consider your own trading habits and avoid paying attention to too many wallets to cause information noise. It is recommended to choose a wallet with a similar style to track to ensure the efficiency of information flow.
*Note that checking the security of the contract cannot be ignored, because many smart money also have the situation of buying at will without considering the security of the contract.
Follow the chain
Follow the chain: Follow a large number of Chinese and English KOL accounts related to Meme coins on Twitter, such as Musk, and join various discussion groups to obtain the latest information and dynamics. KOLs can be used to judge the popularity of memes and other information.
Follow the chain: Pay close attention to and follow the tokens that enter the outer market (large market) from the inner market (small market), and quickly evaluate whether these tokens are worth investing.
On the XEEX platform, you can view the following three types of tokens:
First category: newly created inner market tokens (highest risk)
Second category: inner market tokens that are about to be full
Third category: tokens that have entered the outer market (lowest risk)
Explanation of the inner market/outer market: When a new project is successfully deployed using the automatic coin issuance tool pump.fun, users can use sol to purchase the tokens of the project. When its market value reaches $89,000, the liquidity of the project will be automatically added from pump.fun to Raydium.
Before reaching $89,000, it is called the inner market. At this time, the project is in a very early stage and the risk is extremely high;
After reaching $89,000 and successfully adding liquidity to Raydium, it is called the external market. At this time, the project has developed further and the risk has been reduced.
It is recommended to focus on the tokens that have entered the external market. Although the external market still has a high risk, it has been much lower than the internal market, which is relatively friendly to novices.
And most of the external markets have a market value of millions, and there is still a lot of room for profit.
Note that the entry of tokens into the external market does not mean that 100% will rise. There are also cases where a large number of tokens quickly return to zero after the opening of the external market. Please always be cautious during the investment process!
By patiently monitoring and analyzing the performance of these tokens, judging their potential and investment value, we finally achieved profitability. But how to analyze it specifically? See the detailed explanation below.
Token Analysis
When you have learned how to use XEEX to find new coins on the chain, the next step is to analyze and select the targets worth buying from a bunch of Meme coins.
Specifically, it depends on the hot spots, narratives, market value, community and market dynamics to judge whether it is worth buying. Different types of Meme coin strategies are also different:
Hot spots
Most of these tokens are low-market value tokens that have quickly become popular due to specific events or trends in the short term. They often show a higher increase in the initial stage, and the market value has the potential to jump from millions to tens of millions, and the increase multiple can reach 10 times or even higher. However, this type of token lacks sustainability in the hot spots it relies on, lacks effective support for prices, has no celebrity KOL platform to shout orders, has failed to build a new and influential narrative framework, has failed to form a large-scale and influential community, and has not seen a small probability of major events that can stimulate market enthusiasm. Then it is very likely to gradually lose market liquidity, causing prices to continue to fall.
Here are a few examples of so-called low-probability events: The development team of $TOKENX sent all liquidity pool tokens (LP), reserved tokens for community incentives, and unreleased coins to a destruction address. After this operation was discovered by community members, it caused a huge response on the chain. Many investors believe that this is a manifestation of the project party's extreme responsibility, because the destruction of these tokens has reduced the potential selling pressure to a certain extent. This sentiment quickly spread in the market, and many investors began to be bullish. The price of TOKENX has risen significantly due to the influx of a large number of investors. There is also $Mona. "Mona Lisa" has been a collection of the Louvre Museum in Paris since 1804. It is the most famous and expensive painting in the world. It is widely estimated that it will be worth $860 million today. On-chain sentiment is fermenting around the concept of "artwork Meme" and more and more KOLs are betting on the direction of art Meme.
For this type of token, the following suggestions are made: Buy early, with a market value of hundreds of thousands of dollars being the best. If you enter the market too late, and wait until the market value is above 10m (ten million market value) before chasing high, it is easy to get stuck; If you are optimistic about the sustainability of the hot spot, wait for the price to fall back by 80% before entering, which can reduce the risk.
Narrative
This type of target often does not rely on short-term hot spot increases, but gradually rises from small market value to large market value around a certain narrative or community.
Unlike hot spot tokens that soar instantly, they may experience multiple stages of stable growth, usually with a market value of millions to tens of millions of dollars, and even more than 100 million at the highest.
For example, the birth background of the $ACT token #AI+Crypto track is becoming the core driving force of the mainstream narrative in the crypto market. It is in the track where DeAI (decentralized artificial intelligence) and Meme merge. Through AI social scenarios to link users and intelligent entities, the market imagination is unlimited. As the narrative heat increases, its buying orders continue to increase, and its position is gradually consolidated in the track leader.
For this type of token, the following suggestions are made: Focus on new narratives that are also good narratives, such as DeSci, and choose to build positions in steps with low market capitalization (hundreds of thousands to small millions); Pay attention to the social media, community activity and capital inflows of these tokens in the medium and long term to judge their sustainability and potential.
How to trade
The following figure is an overview of the XEEX trading system:
Left column interface
Popular coins, attention, holdings Quickly understand the prices of your favorite tokens and popular tokens, and you can also quickly view and trade at any time when watching the market.
Middle main interface
Above the k-line are information such as contract address, contract pool, TOP10 holdings, contract audit, etc.
Below the k-line covers a lot of relevant information about the token, including trading activities, coin holders, current entrustment, trading history, historical entrustment, my holdings, etc.
Right trading interface
View various indicators of the currency, including 5 minutes/1 hour/6 hours/24 hours of changes, market value, 24h trading volume, number of holders, buy/sell tax, liquidity pool situation, current holdings (SOL), value of held currencies, total purchases, cumulative income, etc. When studying the token, you need to refer to this information. The right trading page also supports market buy/sell, limit buy/sell, moving stop profit and stop loss, quick one-click buy and sell, anti-pinch switch, automatic slippage, custom gas fee/fixed gas fee, etc.
Set slippage and turn on Anti-MEV mode. Slippage refers to the maximum acceptable deviation in the number of tokens declared for a single transaction. The higher the slippage, the faster the transaction. Most of the time, a slippage of about 9% is recommended, and it can be increased to 20% when the market fluctuates violently. (Note: MEV sandwich attack refers to the MEV robot reading the incoming transaction information and preemptively executing the order, thereby pushing up the token price when you buy. Turning on the anti-pinch mode can effectively prevent sandwich attacks.)
Select the amount and buy/sell manually.
Risk Warning Thousands of Meme coins appear on the chain every day, and most of them will return to zero. The probability of running out of the Golden Dog (market value of tens of millions/100 million or more) is extremely low, so you need to invest in Meme coins rationally.
In short, the higher the return, the higher the risk, please be responsible for yourself!