Trader ToraX shared on X how he earned $13,000 in just five days trading memecoins with the help of a trading bot created using ChatGPT. He explained that the bot identifies promising memecoins with high potential for exponential growth. The experiment took place during the launches of tokens like PNUT, BARSIK, and CHILLGUY, which yielded significant profits.
According to a screenshot shared on X, the trader’s total profit from using the bot amounted to $13,637, with individual token earnings as follows:
Additionally, the bot achieved a 95% win rate, and the trading volume reached $163,000.
The strategy involves creating a trading bot using ChatGPT. The AI writes code that automatically identifies promising memecoins by analyzing their popularity on social platforms like Twitter, Telegram, and Discord.
The trader emphasized that even beginners can create such a bot by following his instructions. Here's how to do it:
1. Setting Up ChatGPT
- Use ChatGPT 4.0.
- Ask it to write Python code for identifying popular memecoins.
- Specify data sources: channels on Twitter, Telegram, and Discord. ToraX shared a list of influencers to include in the bot for real-time market insights.
2. Connecting to a Data Collection Platform
- Register on gmgn.ai.
- Instruct ChatGPT to gather data specifically from this platform.
3. Verifying Popularity on Twitter
- To avoid fake activity, add functionality for checking likes, retweets, and comments via tweetscout.io.
- ChatGPT can help integrate this feature into the code.
4. Token Contract Verification
- Use rugcheck.xyz to analyze the quality of smart contracts.
- Set up the bot to ignore tokens with poor contract quality.
5. Adding a Sniper Bot Function
- A sniper bot allows instant purchases of new tokens before their prices surge.
- Include a quick-buy feature and notification setup.
- ToraX recommends using Toxi_Solana_Bot.
6. Building the Script
- Ask ChatGPT to combine all parts of the code into a single script.
- Ensure it provides instructions on how to install dependencies and set up the bot.
Once complete, the bot is ready to use. A video guide for assembling the bot is available in the thread.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.
