How to Profit from Pump.Fun Tokens
Last updated
Last updated
Bitfootβs Pump.fun feature is designed to help you earn profits from the launch and sale of new memecoins on Solana, while also reducing risk. Hereβs how it works:
Pump.fun is a platform where anyone can create and launch a new memecoin on Solana. As people buy these coins, the price automatically rises along whatβs called a βbonding curve.β This continues until the coinβs value reaches a market cap of $69,000.
Once the token hits $69,000 in market cap, $12,000 worth of liquidity is added to Raydium DEX (a decentralized exchange), which makes the token available for trading. But hereβs the catch: many of these memecoins are very risky, and their prices often crash, or βrugpull,β shortly after reaching Raydium.
Thatβs where Bitfootβs Pump.fun feature steps in. Bitfoot automatically sells the token as soon as it becomes tradable on Raydium. This quick sale helps you lock in profits and avoid the risk of holding the token after it might crash. Bitfoot is faster than someone selling manually, because it sells the token before Raydiumβs front-end even updates with the new price.
Naviage to Advanced view of pump.fun by visitng https://pump.fun/advanced.
At the top you will find tokens that are about to graduate - meaning they are close to being converted to Raydium. You can choose one of these tokens. Don't forget to check their statistics first.
When you open the token, you'll see it's details. From it's graph, to website, socials, holder distribution and other things.
You want to look for tokens with a nice uptrend. That signals that people are consistently buying and there's a higher chance of graduation and hitting Raydium.
Another important thing to look at is the distribution of holders. You want tokens with a lot of people investing smaller amounts rather than a few users holding most of the supply. This signals good user interest and again increases the change of graduating and hitting Raydium.
Ideally you want token to have website and also at least one social (Telegram or X) so it's more credible.
Alternatively, you can use the filter to find tokens that are not yet higher.
Set the Market Cap to 10k - 20k - 30k depending on your risk tolerance. Lower market cap is higher risk but also potentially more profit. Higher market cap is lower risk but also a bit less of profit opportunity.
Set the Number of Holders to 50-100-200, depending on your risk tolerance. More holders means less risk.
Play around with the filters to see what works best for your strategy.
Follow the Pump.Fun Snipping feature setup guide in our docs.
This way, you'll lock in most profits while keeping a 10% "moonbag" in case the token goes higher.
In Trade Monitor, set auto-sell for your sniped pump.fun token.
Click on TP and select your profit target. We recommend that you use percentage and set it to 300%, 400% or 500%. This is when your remaining 10% "moonbag" will be sold at 3x, 4x, 5x profit.
SL can protect you if the tokenβs price drops suddenlyβyour bot will auto-sell to retain some funds.
However, pump.fun tokens often have pullbacks before pumping higher. SL may stop you out too early, so use it based on your strategy.
If you want to set it, we recommend that you use percentage and set it to -50%, -60% or -70%. This depends on how much of the investment you want to protect.
High-risk trading requires careful management. Always trade with money youβre prepared to lose.