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Guide: Track Wallets on BullX NEO like a Pro for 100x's.

Dante Zale

• 3 min read
BullX NEO - NEO Vision Module

Trenching (trading memecoins) is super competitive. In order to stay ahead of the curve, it’s imperative to use tools. One of the most essential tools is a wallet tracker. Having a solid wallet tracker can help you understand current market narratives and “metas” keeping you up to date which is necessary as these narratives change every day. But wallet tracking is a skill, and using it wisely is key to being profitable.

Here’s a breakdown of how you can use wallet tracking, avoid common mistakes, and leverage Neo to stay profitable.

1. Start by Identifying Top Wallets

The first step is finding wallets worth tracking. Start by searching for recent top-performing coins like GOAT, ACT, and PNUT. These coins often run because whales and influential traders are backing them.

Once you’ve identified these coins, use solscan or tools like Bullx to locate the top holders’ wallets. These wallets are often KOL or insider wallets.

💡 Pro Tip: Look for wallets that consistently buy into profitable coins, not just one-off successes. Over time, you’ll notice patterns in what these wallets invest in and when they buy or sell.

2. Avoid Copytrading – The Key to Staying Profitable

While it might be tempting to copy exactly what these wallets do, this strategy almost always backfires. Why? Because you’re entering after them. If you blindly copy their trades:

  • You’ll enter at less favorable prices.
  • These traders may use you as exit liquidity, dumping their holdings on you.

Instead of copytrading, focus on understanding why they’re buying certain coins. This insight allows you to spot similar opportunities early, giving you better entries and higher profit potential.

3. Identify New Metas by Tracking Wallet Patterns

One of the most valuable aspects of wallet tracking is identifying new market metas. A “meta” refers to a prevailing trend or narrative in the space. For example:

  • Tiktok meme meta
  • A.I meta
  • Any Elon Musk tweet

Top wallets often move in unison when a new meta emerges. By observing their activity, you can spot these trends early and position yourself with them

💡 Pro Tip: If you see multiple tracked wallets buying into similar projects with a specific theme, it’s likely the start of a new meta. Take note and start researching those projects.

4. Leverage Neo Wallet Tracker 

Tracking wallets manually can be annoying and inefficient. This is where Neo wallet tracker comes in. Neo makes wallet tracking efficient and seamless by:

  • Entry Points: Neo overlays tracked wallets’ buy and sell points directly on charts, so you can see exactly where they entered and exited.
  • Behavior Patterns: Over time, you’ll understand whether a wallet tends to dump quickly after a pump or diamond-hands their holdings for bigger gains.

This level of insight lets you evaluate wallets objectively and make more informed decisions.

5. How to Use This Data for Smarter Trades

Using wallet tracking data effectively involves a mix of observation, analysis, and strategy. Here’s how:

  1. Identify Reliable Wallets: Track wallets that show consistent profitability, not just those who ape into every new coin.
  2. Analyze Past Trades: Look for patterns—are they buying into coins with strong narratives, low market caps, or specific utilities?
  3. Time Your Entries: Use Neo’s charting data to find entry points similar to the tracked wallets but ensure you’re early to avoid being dumped on.
  4. Spot Exits: If multiple wallets start exiting a token, it could signal the end of its run. Be prepared to take profits or cut losses.

💡 Pro Tip: Combine wallet tracking with your own research. Check token fundamentals, project roadmaps, and community sentiment before entering a trade.

Get Started with BullX NEO Today!

Once you feel like you are good to go with all of this information, maybe it's your time to start elevating your trading.

  1. Claim access to BullX NEO here.
  2. Once you have access, go ahead and finalize your account registration to get started with trading on BullX NEO.
  3. Ensure you save your private keys, and deposit funds prior to executing any buys/sells on memecoins.

Once you have a BullX NEO account, you are able to utilize all of the new features/functionalities within the platform.