In the early morning, are there many Meme coins? Data analysis has indeed found this to be the case.

CN
4 hours ago

After 9 PM Beijing time, the frequency of "golden dogs" starts to significantly increase, with the peak period being from 3 AM to 6 AM; even if you miss it, there are still opportunities to get in.

Author: Nan Zhi, Odaily

"Another thousand-fold golden dog appeared tonight," "I missed a hundred-fold after taking a nap." Have you ever experienced this? Golden dogs always seem to strike when you're not around, and by the time you react, the market cap has already exceeded eight digits. So, when do golden dogs appear most frequently? Is it necessary to be online during this period to have a chance? Odaily will review this in this article.

When do golden dogs appear?

We first take the top 1,000 tokens by market cap from Pump.fun as our research subjects, and obtain the following creation time points for the tokens. Here, a creation time point of 0 means that the token was created between 0:00-1:00 Beijing time, and so on. From this chart, it is clear that after 9 PM, the frequency of golden dogs jumps from 2% to 4% and continues to rise, peaking between 3 AM and 6 AM, then falling back to 2%-3% in the morning.

To verify whether this pattern is correct, we expanded our research subjects to include tokens in the top 200 and top 2000 by market cap. To make it more intuitive, we added a bar chart as shown below. It can be seen that for the top 2000 tokens, the frequency of golden dogs also starts to significantly increase after 9 PM, with a notable advantage during the 3 AM to 6 AM period.

Is there still a chance if you miss the night?

For most users, it is difficult to catch golden dogs during the early morning hours, so does missing the first wave mean there are no more opportunities? The author has compiled the intervals from creation to the first peak for the top 20 tokens, as shown in the following chart. On average, it takes 52.7 hours to reach the first peak, while it takes an average of 58.7 days to achieve the current top 20 status, indicating that even if you miss the opening, there is still ample time to get in.

Data Source

The pump market cap rankings can be obtained through the pump front-end API, which includes over ten pieces of information such as token address, symbol, creation and end times, etc. For top tokens, this API can be used to retrieve data. The author has tested and confirmed that it can access the top 2050 tokens by market cap.

For tokens not in the ranking, the creation time can be queried through the front-end API, where the last transaction recorded is the developer's first purchase transaction, which can be used to obtain the token's creation time.

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