One thing I’ve noticed digging into wallet data is that a lot of the “most profitable” wallets on Solana aren’t necessarily good traders. Most of their gains actually come from tokens that are rugs. These are coins launched by scammers with the clear intention of dumping within seconds or minutes. Pumpfun does a decent job of making sure there are zero honeypots since contracts are limited, but it can’t stop rugpulls. And from the outside, rugs and short-lived failed tokens look pretty much the same.
I’m working on a project called CoinLobster that tries to address this problem. The idea is to track wallets across Solana, and flag the ones that are just farming rugs versus the ones that consistently find legit plays. We’ve been experimenting with things like win rate, hold time, and even keeping a “rug counter” for each wallet so you can quickly see if someone is a scammer, actually skilled, or just lucky aping into scams (we’re still building this feature).
What I’m hoping to figure out is what would actually be useful for traders. If you’re trading on Solana, what kind of features or labels would help you filter through the noise? What kind of data would make you actually trust a wallet enough to follow its trades?
Still early days, but I’d love to get some real feedback from people actually in the trenches trading these tokens.
submitted by /u/Cant-Fix-My-Life
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot