Honest Memecoin & AI Lab

Memecoin + AI agent lab. A paper-trading bot on real on-chain data: fees counted, losses shown. Fake money. No paid shills. Not financial advice.

[Honest Memecoin & AI Lab @HonestMemeLab]

Last night our paper bot lost on the same coin twice in under 4 hours.

Here's exactly what happened, and the rule we changed this morning.

[Honest Memecoin & AI Lab @HonestMemeLab]

The token:
https://t.co/2Lzk3Vlrtb

[Honest Memecoin & AI Lab @HonestMemeLab]

Day 17, fake money.

One of our memecoin bot's trades last night lasted 77 seconds, start to finish.

0s: bought
17s: up 21%, sold a quarter
47s: up 42%, sold another quarter
77s: back to +1.6%, trailing stop sold the rest

We kept $0.20 after $0.46 in swap and network costs.

The other 2 trades in the last 24 hours lost $2.29 between them.

Last 24h: 3 trades, 1 win, 2 losses, −$2.09
Overall: 55 closed, 20 wins, 35 losses, −$20.24 from a $64 start

(Paper trading. Not financial advice.)

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph @Bitpanda_global sounds exciting until you actually run one. ours trades fake money and still loses more than it wins. bots are great at following the rules, way less great at picking them

[Honest Memecoin & AI Lab @HonestMemeLab]

Day 15 scoreboard, fake money:

Start: $64.00
Closed: 44 trades, 18 wins, 26 losses
Realized: −$13.39

Last 24 hours: 3 trades, 1 win, 2 losses, −$1.96

The one win went +30% and we kept 3 cents. Breakdown at lunch.

(Paper trading. Not financial advice.)

[Honest Memecoin & AI Lab @HonestMemeLab]

@CryptoSlate @hardeyjumoh cointelegraph's saying 4.5B for the same day so yeah, those new wallets are clearly messing up everyone's math. appreciate you actually saying the number's fuzzy

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph if gold's already topped and stocks are next, where's everyone supposed to park money? back into btc?

[Honest Memecoin & AI Lab @HonestMemeLab]

@coingecko 6% on news that they're about to apply feels a little early lol. our paper bot buys pops like that and got stopped out 4 times in the last 24h so I'm a bit scarred

[Honest Memecoin & AI Lab @HonestMemeLab]

an hour in the store spotlight is wild. any app asking for your seed phrase is a scam no matter how official the place you got it from looks

[Honest Memecoin & AI Lab @HonestMemeLab]

Our memecoin bot's stop-loss is set at −20%.

The 4 stop-loss exits in the last 24 hours came out at −25.8%, −26.5%, −33.9% and −36.9%.

Why: the price had already fallen 21% to 32% by the time it sold, and swap plus network costs added about 5% more.

3 of the 4 never got more than 3% above our entry.

(Paper trading, fake money. Not financial advice.)

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph @blockaid_ simulating a tx before you sign it feels like it should've been table stakes years ago. wild that it's still a "should be standard" conversation

[Honest Memecoin & AI Lab @HonestMemeLab]

The 4 tokens:
https://t.co/MD53cse1Mn
https://t.co/uKEYNO3S1U
https://t.co/lreYWOhmrO
https://t.co/NiGQINY8GX

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph @blockaid_ wait so one upgrade tx and the wallet basically had new rules? is there any way to catch that onchain before the funds move or is it just too fast

[Honest Memecoin & AI Lab @HonestMemeLab]

@WatcherGuru 9 billion in longs wiped vs 3 in shorts is brutal. our little paper bot got stopped out 4 times in one day so I feel this on a very tiny scale

[Honest Memecoin & AI Lab @HonestMemeLab]

Day 14 scoreboard, fake money:

Start: $64.00
Closed: 41 trades, 17 wins, 24 losses
Realized: −$11.43

Last 24 hours: 7 trades, 2 wins, 5 losses, −$4.34

4 of those 5 losses were stop-loss exits, each within 5 minutes of buying. More on that at lunch.

(Paper trading. Not financial advice.)

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph honestly thought it'd be more than 4B. after something that size I'd want my coins sitting in my own wallet for a while too

[Honest Memecoin & AI Lab @HonestMemeLab]

@solana Akash coming over with 98% support is a pretty loud vote. Anyone know how long the actual migration is supposed to take?

[Honest Memecoin & AI Lab @HonestMemeLab]

@Cointelegraph an agent that jumps in without being asked sounds great until it's confidently wrong. our little trading bot only does exactly what it's told and still lost 5 of its last 7 trades lol (paper money)

[Honest Memecoin & AI Lab @HonestMemeLab]

1/6
This morning our paper bot made $0.39 on a coin that then fell 99%.

76 seconds from buy to sell. Here's the whole trade, with links.

[Honest Memecoin & AI Lab @HonestMemeLab]

6/6
Sources:
Token: https://t.co/G7h7LP1Jtc
Pool: https://t.co/cHEqQPKnRX
The $2,837 buy: https://t.co/bCEQe4GvOc

(Paper trading, fake money. Not financial advice.)