# Token Analysis

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**Note:** Only tokens that exist on bot's supported blockchains can be tracked on the bot.
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## **Analysis Steps**

### **Step 1: Press Search**

In the bot, press **Start** to open the token search section.

### **Step 2: Submit a Token**

In the chat, input the token's Contract Address (CA) or symbol and press **Enter**.

For example, **Chainlink** has `0x38e382f74dfb84608f3c1f10187f6bef5951de93` as its CA on Ethereum and `LINK` as its token symbol.

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Note: Use CA for more precise results, as many tokens may share the same symbol.
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<figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FWPP54el3wct1UK1goMNo%2Fimage.png?alt=media&#x26;token=aec850f4-811b-4397-a87c-dac037b541f2" alt=""><figcaption></figcaption></figure>

### **Step 3: Quick Scan**

When reading token reports, pay attention to the following:

* **Round 1: Verify Token**

Try to confirm that you are looking at the right token by checking its CA and Token Security.

*For example, LINK has `0x514910771af9ca656af840dff83e8264ecf986ca` as its CA.*

* **Token Security:** This is a third-party-audited safety rating. Click on the link for details.
* **Round 2:** Identify Key Points
  * **Token Stats 24H**: Note changes in trading volume and social mentions.
  * **Balance Change**: Analyze changes in balances for important holder groups.

Press the **Set Alerts** button if needed.

<figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FSJ6fRVOzsP09GRPCEmcM%2Fimage.png?alt=media&#x26;token=884d42d3-ceda-4b76-b2a8-168cb13910c0" alt=""><figcaption></figcaption></figure>

### **Step 4: Read Detailed Analysis**

1. **Social 30D**

   * Review social activities of the token in the last 30 days.
   * Check the top tweets for valuable insights.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2Fc2qtexAMY00jA3xZBVWB%2Fimage.png?alt=media&#x26;token=c773d6e3-2eec-4229-a405-4fca306a11b1" alt=""><figcaption></figcaption></figure>
2. **Exchange 30D**

   * Analyze the correlation between deposits/withdrawals and price movements.
   * Use **Top Txs 24H** to quickly check important transactions.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FjCTpOwe6RzjF6KbmwKqH%2Fimage.png?alt=media&#x26;token=a9628a76-d246-43a9-85d0-588fb08a07bf" alt=""><figcaption></figcaption></figure>
3. **Top Holders**

   * Examine holders with the most tokens.
   * Check the "Balance Distribution" for decentralization insights.
   * Explore changes in balances in the last 14 days.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FK5xwUx6tr90485GzwLuy%2Fimage.png?alt=media&#x26;token=1f8c713b-6239-42f1-950f-acd5cbd2d81b" alt=""><figcaption></figcaption></figure>
4. **Whales**

   * Analyze whale wallets for significant holdings.
   * Observe changes in balances for potential market impact.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FAGcXXYRkm781ljwy4PSF%2Fimage.png?alt=media&#x26;token=d5a08383-d47f-47ab-a9ad-1c6cdab51ebc" alt=""><figcaption></figcaption></figure>
5. **Smart Money**

   * Investigate wallets of smart money.
   * Check for early positions and their correlation with price.
   * Identify balance changes in the last 14 days.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2FWI2dLpkOtKmLEpgSNtFC%2Fimage.png?alt=media&#x26;token=f6923739-8a3f-406c-82cb-79eb291905af" alt=""><figcaption></figcaption></figure>
6. **Smart DEX Traders (SDT)**

   * Evaluate trends in SDT trading behavior over 7 days.
   * Analyze their position and impact on the token.
   * Utilize insights for potential copy trading opportunities.

   <figure><img src="https://2334099603-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqPOf2p5Ifd6IjIDm979j%2Fuploads%2Fk20LfThY6bXcT8rASrdy%2Fimage.png?alt=media&#x26;token=5028c2ce-8a4e-40e8-96e8-da35022c2d68" alt=""><figcaption></figcaption></figure>

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**Note:**

* When trading tokens, carefully research and look through all of their info, especially new ones on DEXs, to avoid potential scams.
* Trust the wallet once you copy trade and remain objective in your analysis.
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