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Timing is crucial when trading meme coins! Data shows that this time period is highly volatile, making it easy to catch k times the profits.
“Another k times bigger gold dog came out tonight”, “Missed a hundred times by taking a nap”, I don’t know if you have had such an experience. The gold dog always attacks when you are not around, and when you react, the Market Cap has already exceeded eight figures. So, when is the gold dog most frequent? Do you have to be online during this period to have a chance? Odaily will review it in this article.
When will the Golden Dog appear?
We first take the Token ranked in the top 1000 by Market Cap from Pump.fun as the research object, and obtain the Token creation time as follows. The creation time point is 0, which means that the creation time of the Token is from 0:00 to 1:00 Beijing time, and so on. It is evident from the graph that after 21:00 in the evening, the gold dog frequency jumps from 2% to 4%, and continues to rise, reaching its peak from 3:00 to 6:00 in the early morning, and then drops to 2%-3% in the morning.
Image source: Odaily
To verify whether this rule is correct, we expanded the research scope and included Tokens from both Market Cap TOP 200 and Market Cap TOP 2,000. For a more intuitive representation, a bar chart is added below. It can be seen that for Market Cap TOP 2,000 Tokens, the frequency of the appearance of the Golden Dog significantly increases after 21:00, and also has a significant advantage from 3-6 am.
Image source: Odaily
Image source: Odaily
Is there still a chance to miss the night?
For most users, it is difficult to catch the first wave in the early morning. So, is it true that if you miss the first wave in the early morning, you will have no chance? The author has compiled statistics on the time interval between the creation of the top 20 tokens and their first peak, as shown in the figure below. It takes an average of 52.7 hours for fermentation to reach the first peak, and an average of 58.7 days to reach the current top 20 status. This shows that even if you miss the opening, there is still enough time to catch up.
Image source: Odaily
Data source
The pump Market Cap ranking can be obtained through the pump front-end API, which includes more than ten pieces of information such as Token address, symbol, creation and end time, etc. The API can be used to obtain information about TOP Tokens. According to the author’s test, Market Cap information for the top 2050 Tokens can be obtained.
For tokens that are not in the ranking, the creation time can be obtained by querying through the front-end API. The last transaction of this API is the initial purchase transaction by dev, and the creation time of the token can be obtained through this transaction.
【Disclaimer】There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.
This article is authorized to be reproduced from: ‘TechFlow’.
Original author: Nan Zhi, Odaily
The best time to speculate on Dogecoin! Data: This time period is full of opportunities, making it easy to catch k times the profits. This article was first published in ‘encryption city’