Author: Frank, PANews

Since U.S. President Trump issued the TRUMP token, the meme coin craze surrounding this event has continued to sweep the crypto market. Several KOLs have shared their trading experiences using the GMGN bot, achieving substantial profits. This has sparked renewed discussions in the market about this emerging data analysis and meme trading platform. Among many similar products, what are the secrets behind GMGN? How has it grown from a "wealth code base" to a hotbed of "intensive wealth creation myths"?

Over 28,000 Users Earned Over $160 Million from TRUMP Tokens

In the past year, the popularity of the MEME sector has attracted a large number of meme gold miners. This is also thanks to excellent products like GMGN.Ai, which is currently the hottest meme token data analysis and trading platform. During the process of U.S. President Trump's issuance of the TRUMP token, several professional meme coin players shared their profit charts, with nearly half of the top-ranked players completing their trades through GMGN, and some players even exceeding $10 million in profits.

Many KOLs who experienced the TRUMP token buying frenzy stated that due to the large number of participants on-chain at that time, multiple aggregators and DEXs on the Solana chain experienced congestion, while GMGN was able to facilitate purchases. From an infrastructure perspective, GMGN is undoubtedly the most important shovel for players in this round of TRUMP tokens.

According to official data from GMGN, the earliest users who bought TRUMP on GMGN completed their purchases at 10:03, just 2 minutes after the token went live. Additionally, as of January 26, data shows that approximately 28,137 GMGN users profited from the TRUMP token, with a total profit amounting to about $163 million, averaging around $5,826 per user.

Looking back at this crypto frenzy, GMGN was able to attract a large number of users due to its sensitive and precise signal system, which identified signals for users early on. On the other hand, its fast, efficient, and stable trading bot enabled stable trading even during on-chain congestion.

The Most Practical Tool for MEME Players

Overall, GMGN's advantageous products can be divided into two main parts: the meme token tracking and analysis system and on-chain trading.

Among these, the most well-known is likely the meme token tracking and analysis system. In fact, before GMGN, there were already several similar products, such as Dexscreener and Birdeye. Compared to these established analysis platforms, GMGN is specifically designed as an analysis tool for MEME tokens.

GMGN's analysis features have several unique aspects, such as the new token tracking function, which can start tracking token information from the internal market on Pump.fun, helping users obtain first-hand token resources. Additionally, GMGN's "smart money" address feature tracks the trading behaviors of KOLs and risk wallets, providing detailed transaction activity analysis to help users understand market trends. Other features include wallet profit and loss analysis, wash trading detection, and signal subscription channels.

Compared to conventional analysis platforms, GMGN's analysis features are fundamentally designed differently. This design distinction mainly stems from the differing needs of meme token trading versus regular on-chain trading. In the process of meme trading (especially in the early stages), users need to quickly find tokens that match signals among vast amounts of data. Therefore, GMGN's analysis features focus on the most critical analysis indicators needed for meme token analysis, such as whether the token has social media presence, the founder's holding ratio, blue-chip index, etc. GMGN has also established a deep smart money address database based on big data, saving users considerable time and effort during analysis. This exclusive analysis model has become a favorite among meme players, making "chain scanning" on GMGN an essential skill for them.

The trading function is another flagship product of GMGN, which complements its rich analysis features. In terms of functionality, GMGN's trading features can be summarized into two main characteristics: stability and efficiency in trading, and a variety of specialized trading features developed for different user habits.

GMGN co-founder Haze stated in an interview that GMGN has made significant optimizations in trading stability and speed, such as deploying nodes globally to achieve faster speeds. In terms of trading nodes, GMGN has armed its infrastructure "to the teeth" through self-built nodes and multi-node backups. Ultimately, GMGN can complete on-chain transactions within one second. Additionally, GMGN has also made specific optimizations in pool matching, with dedicated personnel monitoring in real-time to prevent false nodes from suddenly going down or other issues that could lead users to match with pools lacking liquidity.

In addition to ensuring that basic trading is both fast and stable, GMGN has also introduced various specialized trading features such as tracking stop-loss, take-profit, wallet follow, signal follow, and limit orders. While these trading features may be relatively conventional on CEXs, their implementation on-chain presents significant technical challenges and innovation, further enhancing the user experience in on-chain trading and catering to different trading strategies.

In summary, GMGN's product innovations meet the extreme needs of meme players for professional tools.

Putting in "Dumb" Efforts, Just to Make Users Smarter

Beyond the specific features of the product itself, GMGN's operational philosophy also reflects a user-friendly and efficient approach that is often lacking in typical Web3 projects.

Given GMGN's numerous innovative features, how to enable users to quickly learn and proficiently use these features has become the first hurdle in user education. In GMGN's official documentation, each specific feature is thoroughly explained. Even more commendable is that GMGN's official documentation serves as an entry manual for meme coin players, not only introducing the features of GMGN itself but also dedicating significant content to guiding users on how to progress from novice to experienced players. This includes how to select tokens, how to avoid Web3 scams, and even tutorials on setting up privacy and security on TG to avoid being added to unreliable groups by strangers.

On the product page, when users hover their mouse over a certain label or symbol, a specific explanation of that label is displayed. This friendliness towards new users indicates that the team's operational goal is to create a truly user-friendly product. This approach is in stark contrast to many Web3 projects that pursue high-end aesthetics while neglecting user experience.

Previously, crypto KOLs provided feedback requesting GMGN to expand the tracking number of smart money addresses, and just a few days later, this feature was upgraded. Maintaining efficient communication with the community and rapidly iterating on product features are also key factors for GMGN's leading position in this sector.

In the second half of 2024, some trading bot products experienced security incidents, leading to the theft of assets from many users. The market has also seen skepticism towards TG Bot trading products. However, GMGN seems to have anticipated this, as Haze revealed that GMGN not only has a professional security team but also encrypts users' private keys for storage from the outset and has established a comprehensive internal control system to ensure strict isolation between business servers and secure storage servers. Additionally, to meet users' security needs, GMGN also offers a trading model that allows direct trading through plugin wallets, completely alleviating users' concerns about private key custody.

In a previous PANews Space event, GMGN team members revealed that GMGN is able to create products that meet user needs because the entire team consists of meme players. From engineers to operations personnel, everyone participates in meme trading, allowing them to understand users' real needs. Haze even lost $350,000 in the process of chasing after meme coins, earning him the nickname "Memecoin Fool" from netizens. However, it may be this "foolishness" of the team that has led to users becoming "smart" in wealth codes like TRUMP.

Overall, GMGN's success can be summarized in two aspects. First, it almost meets all the practical needs of meme players through its products. Second, the team's user-centric operational approach ensures that GMGN's market feedback is always relevant and recognized by users.

For GMGN, the explosion of interest in TRUMP is not merely a stroke of luck. It is the culmination of a well-designed product, and even without the issuance of TRUMP, GMGN might have seized another similar opportunity to become a topic of discussion among meme players. For those who capitalized on this wealth code, it was also through diligent chain scanning and extensive meme research that they achieved a sudden breakthrough. The TRUMP token has enabled many Chinese-speaking community meme players to achieve significant asset accumulation and has elevated GMGN to a new level. For onlookers, it may seem like coincidence and luck, but for GMGN and its users, this was an inevitable day.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。