Finding the Next 100x Gem: How to Make Money on Pump.fun with ChatGPT
Original author: CMed
Editors note: In the Pump market, new tokens are being launched every moment. While others in the market are still searching for a needle in a haystack to find a memecoin that can earn excess returns, @AlphaBatcher has already used Chatgpt to achieve automated precision trading. This methodology does not require a large amount of capital or strong programming skills. We can use AI to empower our memecoin investments.
The following is the original text (for easier reading and understanding, the original content has been deleted and reorganized):
I just made $2300 in 1 minute using ChatGPT and PumpFun. While others were still looking for opportunities in memecoins, I was already automating accurate trading. You only need 0.2 SOL to get started, and no programming skills are required.
PumpFun is one of the most popular platforms on Solana, where a large number of tokens have been created. This platform is probably the reason why memecoins are so popular and almost the hottest topic in this cycle. Developers are constantly updating and adding new features for traders.
Even though the platform is considered number one compared to its competitors, it is still quite difficult to find quality tokens that can go up 100x. Especially considering that only 1.42% of all issued tokens are listed on Raydium. Most of them will eventually fall to zero.
Why am I talking about this?
In order to actually make money with PumpFun, I decided to take a different approach.
Rather than staring at a screen all day and falling for scams, I chose a more selective approach and automated the process a bit.
1. Create a Sniper Bot first.
Visit the website: https://chatgpt.com and log in or register.
Next, ask the AI to create a bot for you. You can refer to the instructions in the video.
Alternatively, you can find these tips in my Telegram channel.
2. This bot should immediately check if the token is a “Rug Pull” scam.
To avoid giving money to scammers, the token’s smart contract must be secure.
Make a request to the AI to verify the token using @Rugcheckxyzs API.
In this way, the Rug Pull check will be automated.
3. Automate social media checks using @getmoni_io API.
This may not always be necessary as some new coins may not have a social media presence yet.
But it doesnt matter, so make sure to add this step.
4. Set the conditions for purchasing tokens.
As you improve your bot, add some specific buying conditions.
These conditions can include whether the token has a live broadcast or a certain number of viewers, as well as the number of messages, the number of people holding the token, etc.
It all depends on your preference.
5. Decide which tokens the bot will buy.
Is it every newly issued token, or just tokens from select creators?
Or maybe it’s buying only tokens issued by social media, etc.
Your goal is to find what works best for you—keep experimenting and adjusting as needed.
6. Modify the buying and selling process.
Set your initial buy/sell amount, liquidity amount and market value.
Don’t forget about slippage, you can also set fees to ensure faster transactions.
7. Start the precision trading robot.
After everything is set up, try running your bot.
Ask AI to provide you with a detailed startup guide and follow these steps.
If anything goes wrong, request a fix from ChatGPT and keep going.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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