Telegram Bot Newcomer NerdBot Research Report

NerdBot Research Report A Comprehensive Guide for Using Telegram Bot as a Newcomer

1 Basic Information

Official Website: https://www.thedatanerd.io/

Project Introduction:

1 Nerdbot is a bot on telegram that focuses on on-chain data. It is a must-have for on-chain experts. It has complete functions, including alpha signals, on-chain radar, token data, dex trading, monitoring alerts, and other complete transaction chains. Among them, the “Token Xsight” function simplifies several dimensions of buying tokens that people are most concerned about (such as security, market value, circulation, and smart money buying and selling). It is suitable for making quick decisions when the market is hot or for ordinary beginners.

2 The function of on-chain radar allows users to select potential opportunities based on signals such as smart money, new wallets, and mainstream market makers. The accuracy of the smart money signal is quite good thanks to the long-term accumulation of the Nerd team. And recently, it has undergone major upgrades, with the official claim that the average investment return rate has increased from 50% to 100% within 2 weeks.

• LD Capital When will the Hong Kong stock market start to rebound?
• Some new thoughts about Blast Is it necessary for ordinary players to play?
• After the Binance settlement case, how should the cryptocurrency industry align with regulations?

3 Alpha signals are a new function of Nerd and a unique feature. Nerd uses their expertise in on-chain data and combines it with smart money, new wallets, sniper data, and exchange sentiment data. It can not only detect MEMEs but also obtain signals from large market capitalization coins. The official claim is that the yield of alpha signals is very high, and the author is currently tracking it.

4 Nerd currently has a circulation of 10 million coins and a circulating market value of only $800,000. However, there will be unlocks every month in the future, so please judge the risk on your own. This does not constitute any investment advice.

2 Token Xsight

The token Xsight is a major feature of Nerdbot. After entering the contract address, you can obtain information about the token. It includes the following three parts:

1) Basic Information, contract time, which can determine whether the token is new or old. Market value, trading volume, liquidity pool funds, which serve as the basis for judging whether to further research the project at first glance. For example, if the market value is too high, you may say no directly.

2) Smart money, exchange liquidity, new wallets. This can be used to measure whether the market makers are accumulating or distributing the coin.

3) Early buyers and highest gainers. This data is very useful for finding smart money.

From the perspective of data content, these data dimensions are similar to other platforms, and they have fewer dimensions than large data platforms. But the scenarios and target audience for their use are different. The information of Nerdbot’s token Xsight function is suitable for three scenarios.

1) Need for quick decisions, for example, when the market is hot, a delay may cause the token price to surge. If you see someone recommending a coin that is a hot topic, you need to quickly understand the information and make a decision about whether to buy or sell.

2) Regular tracking of long-term holdings. For tokens that are held for the long-term, it is necessary to regularly monitor the latest data. If you have a large number of long-term holdings, you need a platform that provides a quick overview of the situation. You can make use of the features of Nerdbot to look at the increase or decrease in holdings by smart money, the flow of exchanges, new wallets, and more.

3) For people who are not familiar with on-chain tools. Nerdbot provides simple and efficient features for such individuals.

3 On-chain Radar

The function of token Xsight is to analyze on-chain data in order to make a decision on whether or not to purchase a coin. On-chain radar, on the other hand, is for a different situation. It helps you select coins when you are not sure which ones to buy, based on certain on-chain information, including:

1) Signals from smart money

2) Inflow and outflow of exchanges

3) Top pools

4) Top new wallets

5) Market makers: Wintermute Trading, Jump Trading, DWF Labs, GSR Markets

3.1 Smart Money

Smart Money refers to wallets that generate high profits. It was initially established on the Nasan platform (if I remember correctly), and later became available on various data platforms. However, there is no unified standard for defining smart money. Each platform defines it based on their own criteria. The effectiveness of this indicator is judged based on its actual results.

A Twitter user tracked the smart money and top new wallet indicators on Nerdbot for over a month and found that the cumulative returns were as high as 1104.56%. It should be noted that these returns are not compounding investments, but rather the sum of individual indicator returns. If compounded, the returns would be even more impressive. The user has already achieved a 4x return since starting to operate. For more details, please refer to the tweet.

I personally speculate that the reason why Nerdbot’s smart money indicator is effective is due to the team’s expertise in this area. Prior to launching this project, Nerdbot operated a Twitter account for tracking on-chain data and wallets for over a year, with more than 50,000 followers. Recently, Nerdbot conducted a major upgrade for the smart money indicator, including:

• Scanning 10 million wallets daily

• Generating 2000 high-quality wallets (smart money trading on DEX, VC, MM, KOL)

• Increased scanning frequency from weekly to daily

• Finding true daily smart traders through deep labeling

• Average win rate of smart money wallets increased from 42% to 58%

• Average investment return rate for the Smart Money list increased from 50% to 100% within 2 weeks

• Enable automatic purchase based on smart money signals as soon as possible (Platinum-level only)

• Launch Treasury for investment based on the Smart Money list (coming soon)

4 Alerts

There are three types of alerts:

1) Alert for wallet transfers:

Users can set reminders for transfers that occur on wallets they are interested in.

2) Radar alerts:

This is the main data on Nerd. It allows users to set up alert functions.

3) Alpha alerts:

This is one of Nerd’s unique features. Unlike other data platforms, Nerd utilizes its expertise in on-chain data to include:

• Quantity and amount of purchases made by Smart Money

• Quantity and amount of purchases made by Fresh Wallets

• Sniper quantities

• Net inflow and outflow of exchanges

And it can provide updates at a 15-minute/30-minute/1-hour interval. So Nerd’s Alpha signal is not only able to detect MEME coins but also high-market-cap coins like Pendle.

Nerd has listed some cases where the Alpha signal has generated high profits. I haven’t fully verified them myself, but I have been monitoring a few and the results are satisfactory. Verification is still ongoing.

4 Other Features

Nerdbot has other features, I’ll briefly introduce them here since they are quite common:

1) Wallet analysis:

Mainly used to analyze the profitability of wallet addresses and current holdings. It’s mainly for personal analysis of wallets and creating your own address library (like Smart Money). Most ordinary people won’t need it.

2) Wallet and DEX trading:

Users can create their own wallets for all-in-one trading, allowing Nerdbot to provide new projects, project analysis, and ultimately execute trades. Of course, trading functions are available on many other Telebots.

3) Community bots:

Users can deploy Nerd’s community bots into Telegram groups, providing the following dimensions:

/s: Scanning token health

/c: Token price charts

/p: Quick view of token price and basic information

/sm: Smart Money wallet buy/sell behavior in the past 14 days

/w: A clear report on wallet performance

/e: Inflow and outflow of tokens in exchanges

/early: Early token summaries

5 Token Economy

Total NERD supply is 100 million tokens. The TGE (Token Generation Event) date is 24th October 2023. Token allocation is as follows:

• Seed round: 10%. Locked for 3 months, then linear release over 12 months

• Public sale: 10%. TGE 50%, then linear release over 3 months

• Community fund: 40%. Locked for 6 months, then linear release over 24 months

• Partners: 10%. Locked for 1 month, then linear release over 6 months

• Airdrop: 5%. TGE 0%, unlocked, then linear release over 6 months

• Liquidity: 5%. Fully unlocked

• Team advisors: 20%. Locked for 12 months, then linear release over 24 months

Staking NERD can participate in dividends, which include three parts:

• 80% of NerdBot Premium revenue

• 50% of Nerd transaction tax revenue

• 80% of dex transaction fees (under consideration)

The specific ratios will vary based on the amount of NERD staked and the duration of time. For more details, please refer to the official documentation. Let’s not go into detail here.

On-Chain Data Analysis 11/27

Nerd’s on-chain data is relatively simple, with most of the chips in the hands of the project team, as stated in the whitepaper, locked in the vault.

Holding address 1 and holding address 2 are controlled by the project team, owning 87.6% of the chips.

Holding address 3 is the Uniswap pool.

Holding address 4 is the Bitget address.

Holding addresses 5 and 6 are still controlled by the project team and used for specific purposes.

Overall, the circulating supply is around 10%, which is approximately 10 million tokens, consistent with the whitepaper.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!