Gloop Solana
  • πŸ‘‹Welcome To Gloop Solana Bot
  • πŸ€–Copy Trading Academy
    • πŸš€Copy Strategies
      • 1. Adventurous Strategy πŸ”₯
      • 2. Shrimp Stable Strategy πŸ¦πŸ“ˆ
      • 3. Whale Stable Strategy πŸ‹πŸ’°
    • 🎯After You’ve Picked Your Target Wallets…
    • πŸ›‘οΈHow to Protect Yourself from Degen Wallets
    • πŸ§ͺWatch Out for Fake Tokens
      • Bundlers
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      • Eater
    • DISCLAIMER
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  1. Copy Trading Academy
  2. Watch Out for Fake Tokens

Eater

PreviousStairsNextDISCLAIMER

Last updated 11 days ago

Eater wallets are traders who strategically target others who mimic their trading activities. These wallets typically invest in low market cap tokens and quickly sell them once they notice buying activity from followers.

To reduce risks associated with these wallets, we recommend the following strategies:

  • Max Trade Tokens: Limit the number of tokens you trade to avoid repeating losses

  • Min Market Cap: Set a minimum market cap threshold to ensure you are investing in more stable assets.

By implementing these measures, you can protect yourself from the attack of eater wallets in the copytrading.

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