Is there really a lot of Meme trading at dawn? Data analysis shows that this is indeed the case
After 9 PM Beijing time, the frequency of the golden dog starts to significantly increase, with the peak period being from 3 to 6 AM; even if you miss it, there are still opportunities to get on board.Author: Nan Zhi, Odaily Planet Daily
"Another thousand times big dog appeared tonight," "I missed a hundred times just by taking a nap." Have you ever had such experiences? The big dog always strikes when you're not around, and by the time you react, the market cap has already exceeded eight digits. So, when do big dogs appear most frequently? Is it necessary to be online during this period to have a chance? Odaily will review this in this article.
When do big dogs appear?
We first take the top 1000 tokens by market cap from Pump.fun as our research subjects, and obtain the following creation time points for the tokens. Here, a creation time point of 0 means that the token was created between 0:00-1:00 Beijing time, and so on. From this chart, it is evident that after 21:00, the frequency of big dogs jumps from 2% to 4% and continues to rise, peaking between 3:00-6:00 AM, then dropping back to 2%-3% in the morning.
To verify whether this pattern is correct, we expanded our research subjects to include tokens in the top 200 and top 2000 by market cap. To illustrate this more intuitively, we added a bar chart as shown below. It can be seen that for the top 2000 tokens, the frequency of big dogs also starts to significantly increase after 21:00, with a notable advantage during 3:00-6:00 AM.
Is there still a chance if you miss the night?
For most users, it is difficult to catch big dogs at midnight, so does missing the first wave in the early morning mean there are no more opportunities? The author has compiled the time intervals from the creation of the top 20 tokens to their first peak, as shown in the following chart. On average, it takes 52.7 hours to ferment to the first peak, while it takes an average of 58.7 days to reach the current top 20 status, indicating that even if you miss the opening, there is still ample time to get in.
Data Source
The pump market cap ranking can be obtained through the pump front-end API, which includes over ten pieces of information such as token address, symbol, creation and end times, etc. For top tokens, this API can be used to retrieve the data. The author has tested and confirmed that it can access the top 2050 tokens by market cap.
For tokens not in the ranking, the creation time can be queried through the front-end API, where the last transaction recorded is the dev's first purchase transaction, which can be used to obtain the token's creation time.
