Get started with new Crypto token launches: Part Two
Source, research, then execute on new launches
As a crypto enthusiast, you’re always on the lookout for the next big thing. You’ve heard about low-cap meme coins that have the potential to skyrocket in value, but you’re wary of the risks involved. After all, plenty of scam coins and rug pulls out there that could leave you with nothing.
So, how do you navigate this tricky terrain and find the best low-cap meme coins to invest in? Here are some tips to help you out.
There are two major steps involved.
Step 1:Identifying a promising token.
Step 2: Executing a trade as early as possible after launch to secure the best profit potential.
Identifying high potential tokens, pre-launch
In Part One, I went through a process to find new launch tokens as they list, using on-chain analysis using TUFEXT free tools as an example, and do basic research on your own.
You may have other insights — perhaps a group you’re working with to talk through and share your research and and evaluate.
You could particpate in influencer channels or paid groups — though these generally work to pump and promote already launched tokens (which gives the influencer a chance to secure a bag before the marketing).
Perhaps you have some that associates that are involved in newly launched projects and have some insights, and goals, beyond monetizing their friends.
However you’re sourcing your data — shared groups, giving funds to a paid group, or even your attention, try before you buy.. and buyer beware.
Through a process, you have identified a token you like and want to enter.
Entering newly launch tokens
Say, you’re on tufext.com and you note that a token you’re following has gone live. You click across to the chart on Dexscreener or Dextools but there is a spinning wheel — there is no chart yet.
You click to Uniswap with the Contract address — change your slippage to account for the Tokens buy tax settings (which you found on Tufext) plus extra slippage, and click the buy button.
And nothing happens.
Or worse, than nothing, you click through, approve, but your transaction times out and fails and you’re left with a failed transaction cost but no token. That research has been for nothing.
Uniswap is a public node, and though excellent, it is too busy to accomodate the high throughput price/swap action on a freshly launched token. Active new launch buyers are using a range of software tools and methods to buy tokens early, primarily using faster, private nodes, automatically executing swaps as soon as the token launches, or in combination, executing with high gas fees to lock in early position.
The other option is to wait for a dip after the initial euphoria and enter on Uniswap, hoping the price does not move too much in the interim, or get in as early as you can, giving up those early gains.
If you want to be one of the first buyers of a newly launched token and of this is the market you’re going to play in, you’re going to need software that gives you fast private node access to execute swaps, with effective gas settings, to quickly execute on the blockchain
This means a buying a Sniperbot. There are a few sniperbots for sale around, with payment models based on flat fee purchase, rental or pay a fee on the volume you execute, or access given by token ownership, so check around.
Personally I am using the TUF Sniperbot, which is perfectly partnered with TUFs tufext.com Dapp Analytics tools — tier 1, which requires holding 600,000 tokens.
Note: All sniperbots require you to enter your Wallet and Private Key — so though the private key is encrypted and unviewable to legitimate sniperbot software, always take extra precaution and use a fresh blank wallet and fund the wallet from external sources.
TUF: for new launch data analytics and trade execution (sniper software) tools.
TUF is a long-established service provider to Crypto market participants, initially providing crypto native blockchain software solutions to the market, its Sniperbots and Trackerbots, and has been selling these successful products to customers for two years+.
To support its software users, TUF developed a platform of on-chain data analytics, TUF Extract at tufext.com providing information and analytics to help its software users and the public avoid scammers and ruggers, supported by its own TUF Token, recently listed on Coinmarketcap.
How does TUFEXT.com complement Sniper software?
The TUFEXT user gets a real time update of tokens deployed on the Ethereum and Binance Smart Chain blockchains.
This evolving list updates in real-time and lists recently deployed tokens all in one place, for easy reference.
You can immediately view all the projects that have deployed in the last 24 hours and those that have deployed and not launched before 24 hours.
By clicking a button you can filter out the already launched token contracts, limiting our view to a real time list of deployed, but not yet launched tokens — all in one place. This is a massive time saver!
I went into the Free tier features of TUFEXT in Part One, but as a reminder, at a glance you can see data about the deployed token. for instance:
By clicking into the Project overview with TUFEXT Tier 1 Access, you can see all the data sourced by simulated running of the smart contract but also with Tier 1 access the Trade Methods and associated MethodID that the contract might use to initiate trading that can be immediately copied, and pasted in to your tradingbot. In addition you get access to the full contract function list, and the links that search have found of similarly named social channels which can speed up the research.
This makes Tier 1 an excellent complement to sniping software.
What does sniper software do?
Sniperbot software allows the user to configure the parameters of a new swap transaction to enable fast and effective swaps. For already live swaps you just enter your trade settings — contract address, position size, gas and other settings and it executes quickly using the integrated private node.
If looking to enter on a deployed but not yet launched token, the user can configure the settings to enter the trade in advance.
In these cases, the Sniper software monitors the mempool for particular on-chain executions on the contract by the smart contract developer, that will initiate swaps on the pair. Each smart contract is different so there are many possible ways this is accomplished so it’s rarely a one size fits all solution.
A contract deployer can initiate trading in a number of ways! Adding liquidity or calling another function like StartTrading to initialize for eample. A smart contract can set high buy or sell taxes (that you might want to avoid), or block types of transactions on initial blocks, whatever the deployer believes is required to get the best launch for their token.
How do you discover all this? Its all data on the block chain, or held in smart contract code, and on-chain execution data. TUF software reads and analyzes the data and and provides it to TUFEXT, and its Sniperbots to allow its users to make correct trade configuration decisions.
As said, TUFEXT Tier 1 gives you access to the live simulation of the smart contract code and pulls the methods that the contract might use (there could be several) to execute the start of Trading and the parameters required for successful executions, not only for TUF Sniperbot but any software performing in a similar manner.
Whilst the TUF Sniperbot gives you the automatic data import interface to input into your swap configuration, along with monthly shared private node to give you fastest execution of your trade, and gas settings.
Sniperbot software is often complex and takes a while to learn, as their are a huge range of potential blockchain interactions and outcomes possible, so approach it with the mind of a student.
An understanding of the blockchain processes and functions, smart contract interactions and perhaps even a little smart contract code knowledge will be beneficial to develop over time.
The TUF Ecosphere
TUFext is highly valuable place to visit, and perhaps stay, as you investigate the new token launch market, and the TUF Token telegram channel is a great venue to learn about using TUFEXT and the new token marketplace, from Q &As, to user group discussions — there are chats, scam token warnings, new token calls and trades being made there on pre-launch tokens, but based on real time data analysis, not influencers aiming to profit from their followers.
Tier 1. gives you further contract analysis to give you information to make better decisions and the Method and methodIDs to set-up a successful new token launch swap transactions. Tier 1 access costs 600,000 tokens (+5% buy tax) so circa $650 at today’s TUF token price circa $1M mcap. There is no cost for ongoing use of TUFEXT site utility, and you can sell your TUF tokens at a profit or loss, at any time.
Tier 2 (1.5M tokens) gives you access to deeper level contract analysis, historical data on project and wallets, and real-time view into the Mempool — on-chain instructions (like swap this token for that one, with this gas price and max gas limit) that have been submitted to validators but not executed, and Tier 3 (5M tokens) gives you access to trading insights and signals based on activities of elite level wallets.
I hope a reader has found this useful!
If anyone has any questions, feel free to message me on twitter, at
