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MC Mong XYZ

@mcmongx

93 Following
49 Followers
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MC Mong XYZ
@mcmongx
gm bro! thank you for being here 🫶
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MC Mong XYZ
@mcmongx
7/7 👀 So, will you trade directly on DEX or use a BOT? You probably have your answer already. 🚬 Stay tuned for Part 3, where Owl will discuss how BOT operates. 😎
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MC Mong XYZ
@mcmongx
6/ 🔫 Given certain conditions, a BOT can execute a transaction within 150-200 milliseconds of pasting the token contract for a buy or sell transaction. ✨ BOT handles MOST of the other cumbersome tasks for users, especially for newbie traders! Just need to click buy/sell or set up sniping.
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MC Mong XYZ
@mcmongx
5/ 👉🏻 Just estimate how many transactions you think occurred during that period?
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MC Mong XYZ
@mcmongx
4/ 👉🏻 Trading on DEX like @RaydiumProtocol, a typical transaction (with Average Trading Volume) takes about 10 seconds to complete, not including transaction approval time. 👉🏻 Issues such as gas and slippage, etc., may cause delays for a few extra minutes, especially when using unreliable wallets like C98.
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MC Mong XYZ
@mcmongx
3/ a simple e.x: 👉🏻@solana processes 3 blocks every 2 seconds, each block can hold around 200-300 transactions (from all projects and dApps running on Solana) on average. When a new project launches and receives a large influx of transactions, it may take up a significant portion of the transactions in a block.
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MC Mong XYZ
@mcmongx
2/ 🦉 BOTs can be used on both #DEX (decentralized exchanges) and #CEX (centralized exchanges), but currently, most people use BOTs for DEX trading. 🦉The reason for avoiding trading directly on DEX is that it often results in failed transactions due to errors and slow processing times.
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MC Mong XYZ
@mcmongx
[DEX MASTERY SERIES] - Part 2: What is trading/sniping BOT? What do we use BOT for? 🧵 1/ 🤖 BOT - it is an automated machine that executes pre-set commands, with basic buy and sell functions. Specialized BOTs can be used for sniping, copy trading, farming airdrops, etc.
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MC Mong XYZ
@mcmongx
8/8 Read full thread: https://x.com/MCMongX/status/1778094887491268612
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MC Mong XYZ
@mcmongx
7/ 🔥 SUPER PROFIT from your account is still very attractive, isn't it? 😎 Part 2 will continue with BOT trading used for DEX gaming.
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MC Mong XYZ
@mcmongx
6/ ✅Mastering DEX trading requires skills in hot wallets, bot trading, chart analysis, and contract verification, etc. This is one of the FASTEST ways to gain knowledge and explore the DeFi universe.
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MC Mong XYZ
@mcmongx
5/ ✅ Not your keys, not your coins. KYC exchanges with high-level security are still at risk of getting hacked or being involved in scams, putting your funds in danger. This is exemplified by #FTX, and recently #binance locked $4M of a VN meme developer team with no valid reason and useless explanations.
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MC Mong XYZ
@mcmongx
4/ ✅ CEX has project vetting and listing mechanisms, while DEX only requires liquidity. As a result, some hot trend coins/tokens may NOT BE AVAILABLE on CEX.
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MC Mong XYZ
@mcmongx
3/❓ Why do we use #DEX? ✅ NO NEED to register an account or verify identity ✅ Opportunity to find HIDDEN GEMS -> Since coins/tokens are listed on DEX before CEX and after listing on CEX, the value of tokens often increases significantly.
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MC Mong XYZ
@mcmongx
2/ 🧩 DEX often uses the AMM (Auto Market Maker) model instead of order books like CEX. To trade on DEX, all you need is a hot wallet (like @MetaMask) and some tokens to cover gas fees.
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MC Mong XYZ
@mcmongx
[DEX MASTERY SERIES] - Part 1: What is #DEX? The potential of trading on DEX 🧵 1/ 🔎 #DEX (Decentralized Exchange) is a decentralized trading platform operated through smart contracts.
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MC Mong XYZ
@mcmongx
‼️BREAKING: Justin Sun’s Poloniex exchange (0xA9...22ba) was suspected of being stolen, and the loss of assets may exceed 60 million US dollars. Poloniex stated that the exchange wallet has been disabled for maintenance and will be updated once the wallet is re-enabled. Cre: Wu Blockchain on X
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MC Mong XYZ
@mcmongx
it’s not complicated at all. this username is just rapper I like. I till prefer to use this instead of following trendy of .eth or .bnb like many others 😀
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MC Mong XYZ
@mcmongx
I don’t have entry point $MEME cos the marketcap is too high! Binance listed $MEME suggests that they want this token to become a memecoin of them, similar to $SHIB $PEPE on ETH or others. Seem that Binance is quietly preparing everthing for the upcoming bull season, their own meme n possibly their own chain #opBNB.
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MC Mong XYZ
@mcmongx
1:30 PM UTC today, but now I still haven’t seen anywhere for wallet link
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