Gheorghe

@gheorghe

96 Following

47 Followers

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The “Numbers Go Up” game or intentional fraud? A story about fake devs, forgotten projects launched with @clanker, @proxystudio.eth and how someone may be making thousands of dollars monthly on Farcaster using fake accounts

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Well, I couldn't resist doing a bit more digging and it’s actually even worse than I thought. A bunch of accounts (many bought at FIDs market) that are all clearly connected (not even trying to hide it lol) are launching clanker "dev" tokens with one-page websites full of promises in the past ~4 months. Some of these tokens get promoted by influential people, prices go up, fees collected, then... zero delivery, and everyone just forgets about them. I'm not sure what to do with this info. Should I point out the obvious stuff - account transfers, transactions, deleted casts, shady contracts etc? It could be a good twitter thread haha You don't need to be ZachXBT to see something's off with accounts that just started posting 10 days ago and are launching a token. But everyone buying and posting about these tokens seems kinda okay with it 🤷‍♀️

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So I'm trying to figure out who the best traders on Farcaster are - out of hundreds of thousands of users. What are the main challenges? First - the data. I mostly use Dune since it's the biggest source of blockchain data with rich context - but it's far from plug-and-play. Blockchain data is messy, and Dune queries often need cleanup or deeper knowledge to make sense. Even something that sounds simple - like getting DEX swaps for a wallet - turns into a whole project if you want to be accurate. Second - figuring out what metrics actually matter. How do you calculate PnL, and over what timeline, tokens, chains etc. A high total PnL might come from a one-time airdrop - not consistent skill. From what I've seen, past big wins don’t mean much - what really matters is whether the trader's still active and knows when to take profits. I've gone through many iterations of the algo, and I'm still refining it. But so far, the most useful approach is looking on the freshest metrics. Anyone cracked this already?

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The best trading app I've ever used has been acquired! Big congrats to @gheorghe, @mattkim and the slingshot team

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$ETH was removed from @reachbot trades since it is not a meme coin looking at the chart, it now seems to fit the definition

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One thing I learned in Korea is that you can survive long enough on instant noodles. So now I'm all set to buy more dips.

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Gonna point at the obvious - but timing here is everything The top 5 trades with the biggest profits from @reachbot leaderboard with $DRB token bought early AND started selling early too The dot line is the time between the 1st buy and the 1st sell. The top 3 traders were among the 1st who started selling.

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Wish I’ve copy traded earlier 💀

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~~Meme coin trading and discovery platforms turn social~~ > Social platforms turn into meme coin trading and discovery platforms

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Most of the time when I buy memecoins I miss the time to exit 💀 So I've added to a @reachbot new notification: If you follow someone’s trade, you’ll get notified the moment they start selling that token. Works now for trades posted on @reachbot Should I add it for any trade and token made through the frame?

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New opportunities just dropped 👀

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You can now contribute to our friends at @lottopgf campaign on @juicebox directly from Warpcast ✨

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Introducing Copy Trading for Moxie Trades with Frame V2 by @reachbot - Go to Moxie Alerts bot @alertsbot to see real-time Fan Token buys - Copy trade without leaving the Farcaster - Or share your own trades as a Frame V2 by clicking "Share your trades" Head over to @alertsbot and start copy trading now

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Gotta be the best score over here, isn't it?

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@envio has some examples with hyperindex https://docs.envio.dev/docs/HyperIndex/example-uniswap-v3-multi-chain-indexer

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Must be the best looking frames on Farcaster

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New demo of Farcaster Native Copy Trading with Frames V2 @reachbot Discover, execute and share trades - all directly on Farcaster (notifications coming soon) Fees sent directly to your wallet when someone copies your trade Try creating and sharing your @base trades in a frame below https://copy-trade-frame.fly.dev/frame/v2/try

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