Best Twitter threads of the day – April 10th

There have been more transactions made on Pancakeswap than on Ethereum, Bitcoin, Litecoin, and Dogecoin…. combined pic.twitter.com/6Yi7JIdlgN

— Conor (@jconorgrogan) April 10, 2023

Pretty unfathomable how much demand there was on Pancakswap back in 2021 pic.twitter.com/SS6pZ6Ck07

— Conor (@jconorgrogan) April 10, 2023

Pancakeswap also outpaces Ethereum, Optimism, Avalanche, Arbitrum, and Polygon combined

All data from @ArkhamIntel APIs as well as https://t.co/PSOtQedbw2

— Conor (@jconorgrogan) April 10, 2023

Something like 75% of all recorded blockchain transactions on Arkham went through Pancakeswap 🤯

— Conor (@jconorgrogan) April 10, 2023

All are confirmed transactions from api I believe

Pancakeswap has 3B+ txs so 2.9M wouldn't make much of a dent

— Conor (@jconorgrogan) April 10, 2023

What if I told you there’s a free research tool you can use to track whales?

Tracking wallets who are early is lucrative.

Here’s how to multiply your portfolio: 🧵 👇 pic.twitter.com/E3UXH8uG6y

— hoeem (@crypthoem) April 9, 2023

This thread is going to teach you how to successfully utilise token scanners to:

– Find wallets that were early

– Wallet due diligence

– Find on-chain alpha

– Token due diligence

Fade this thread if you don’t like money:

— hoeem (@crypthoem) April 9, 2023

1: What is a blockchain explorer?

It’s a block explorer for that lets you peel back the layers to see what is happening on chain!

You can use it to your advantage.

Together we are going to use it to track wallets. pic.twitter.com/A91SwLhmoK

— hoeem (@crypthoem) April 9, 2023

2: Find tokens that have performed

Go and find the tokens that have been performing well.

Go to @coingecko, look at the last 30 or 60 days to see what has outperformed.

Note down the:

✅ Token name.
✅ Token address.
✅ Blockchain they’re on.
✅ Dates it started performing… pic.twitter.com/EyQR0zk5B3

— hoeem (@crypthoem) April 9, 2023

3: Find wallets that were early

Here I am showcasing etherscan, but this can be other blockchain explorers.

Input the token address, pull the token up.

Filter the token transactions by finding the dates prior to the token pumping.

This will allow you to see who bought in… pic.twitter.com/u3TBEzqeQO

— hoeem (@crypthoem) April 9, 2023

4: Further vetting

Pull these addresses up and see what other token transactions have been made that have outperformed.

Do they have a track record for doing this?

✅ If yes then keep hold of their address.

❌ If not then ignore that address, perhaps they got lucky. pic.twitter.com/J9fUEeSFiI

— hoeem (@crypthoem) April 9, 2023

5: Finding alpha

Plug the wallet address into a portfolio tracker such as DeBank.

You now can see the recent transaction history tokens this address has interacted with:

Are they going in with a similar size to their previous high-conviction plays?

What are they now buying? pic.twitter.com/NKKEa3b495

— hoeem (@crypthoem) April 9, 2023

6: Token due dillegence

Key reminder that a large buy to a whale might be just a small bet for them.

Make sure they’re buying with a similar conviction as their previous big wins.

Note down the:

✅ Tokens they’re buying in size.

Then complete due diligence, here’s how: https://t.co/O8uQYPSjNQ

— hoeem (@crypthoem) April 9, 2023

Summary:

✅ Find the smart money wallets.

✅ Find a proven track record.

✅ Find new positions this wallet has taken.

✅ Research these tokens.

✅ Make your own thesis/plan.

✅ Execute. pic.twitter.com/pclN7wMbxv

— hoeem (@crypthoem) April 9, 2023

1) Dune Analytics might be the best tool to find real-time alpha for free.

It provides an entire collection of free dashboards that display crypto data.

This data can change lives when used correctly.

Here’s a step-by-step guide to using Dune Analytics 🧵👇 pic.twitter.com/zlwVrdNFJM

— Crypto Nova (@CryptoGirlNova) April 4, 2023

2) ⭐ What is Dune Analytics

With @DuneAnalytics you can view thousands of dashboards to view any blockchain analytic you want.

It's one of the best ways to digest any information as quick and easy as possible, removing thousands of hours in the process.

— Crypto Nova (@CryptoGirlNova) April 4, 2023

3) ⭐ Using the dashboards

The easiest way to use Dune is to look at dashboards that others have created.

You are able to filter through dashboards that are trending or popular.

You can even search for specific dashboards to analyse anything you want!

Examples? I got you → pic.twitter.com/vPCMj9sGwY

— Crypto Nova (@CryptoGirlNova) April 4, 2023

4) Arbitrum dashboard

1️⃣ Searched for #arbitrum
2️⃣ Clicked on arbitrum #airdrop

A full representation of the valuation and holders of the $ARB token in real time.

You can track how many tokens the foundation or the DAO are still holding or if they sold or send any. pic.twitter.com/oYeg4ZCfd0

— Crypto Nova (@CryptoGirlNova) April 4, 2023

5) Layer 2 dashboard

A full representation of the stats of various Layer 2s:

• #Arbitrum
• #Optimism
• #Zksync
• #Starknet

People can track the bridging stats and potentially see the growth in popularity of these layer 2s in real time. pic.twitter.com/uoR2aLEJNt

— Crypto Nova (@CryptoGirlNova) April 4, 2023

6) Dex dashboard

One of the most popular dashboard of all time is the dex dashboard.

It allows you to see which dex has the most volume and how much market share they each have.

It would also allow you to see if there's a change in popularity or opportunity. pic.twitter.com/jJkRR44R3n

— Crypto Nova (@CryptoGirlNova) April 4, 2023

7) ⭐ Anything you want

There are as many dashboards as your heart desires.

Found a great dashboard? Favourite it!

You can create your own favourite list of dashboard to keep you up to date on every piece of alpha daily.

It won't make you visit 50 different websites anymore!

— Crypto Nova (@CryptoGirlNova) April 4, 2023

8) ⭐ Make your own

Following pre-made dashboards is great! Making your own could even be better!

Build and track anything you want. And if you want to share it yourself you can!

All the dashboards we follow have also been made by generous individuals freely.

Pay it forward!

— Crypto Nova (@CryptoGirlNova) April 4, 2023

9) ⭐ Conclusion

Dune Analytics allows you to track any data you want in one single easy to use dashboard.

The fact that we can use the pre-made dashboard from others their generous effort is pretty awesome.

Gathering your favourite dashboards is a gamebreaker.

Nova out ❤️

— Crypto Nova (@CryptoGirlNova) April 4, 2023