Made a free tool to paper trade and automate trading PumpFun memecoins

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Made a free tool to paper trade and automate trading PumpFun memecoins

For those that haven't been following, I've created a flexible framework that allows me to build and try out my own trading strategies in Python which I can manage in a GUI or CLI environment. I've been exploring different approaches and algorithms to try and see if it's possible to generate a semi-passive revenue stream in this space in an ethical way (just say no to rugs lol), and so far have had positive results with some drawdowns of course.

I've tried some technical analysis algos, some simple and some complex, but only had success with the larger cap more established coins using these methods. Virality speculation, sentiment, and volume interest seems to work best for smaller cap coins. The untapped opportunity I’m exploring now are quant algorithms which the backbone of private prop firms like Citadel, which use them to generate steady passive income. These firms avoid crypto because of its fragmentation and regulatory risk, but I see that as an opportunity. A few small groups are experimenting with these methods, but it’s still very early I think. It might be a road to nowhere, but I'm having a blast trying to crack the nut on this regardless while learning a lot about this space.

Is there any interest on some tutorials on coding out some strategies? FYI, the free paper trading version is open-source Python so you can audit and try it for yourself. No links will be provided here, but just check my profile or past posts.

submitted by /u/gordamack
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