In crypto, the difference between catching a runner early and chasing a chart often comes down to one thing, information. Some wallets seem to always know before everyone else. Whether through ties to past devs, ex-CTO teams, or smaller VIP circles that hear whispers before the crowd. While these aren’t official “insider wallets,” their activity can be an early warning system that a forgotten token is waking up. Or, that a fresh opportunity is about to gain traction.
By learning how to spot revived projects, track the wallets entering them and study their ongoing trades. You can turn what looks like random noise into actionable signals. This guide walks you through a repeatable method for identifying and following those wallets, so you can gain an advantage and position yourself earlier than most.
Key Takeaways
- Abandoned tokens from past cycles can potentially come back to life. Sudden volume or buys on these projects can reveal wallets with early knowledge. Tracking these signals can help you identify opportunities before most traders notice.
- The real advantage isn’t always the revived project itself but the wallets behind early buys. By following their activity across other tokens, you can uncover new opportunities and filter out noise, to focus on consistent players.
- Tools like GMGN.AI let you monitor wallets in real time, but copying blindly is risky. Rely on your research, filters, and proper risk parameters such as; TP/SL, position sizing, MC range, slippage, etc. to stay disciplined and in control of your positions.
Contents
Spot Revival Signals
The first place to start is with tokens from the previous cycle that once had momentum but eventually slowed down. These projects didn’t necessarily rug. In many cases the market turned, volume disappeared, or the devs simply walked away. As a result, the tokens sit abandoned and forgotten, especially during a bear market.
Although here’s the key, some of these projects come back to life. Maybe the original team decides to revive it, or maybe a new CTO takes over with stronger resources. Sometimes, the community itself breathes life back into the contract. Whatever the case, there are always a handful of people who know before everyone else.
This is why you want to keep a small tracker of past tokens you’ve watched. Tools like DEX Screener make it easy to check in on these “abandoned” charts from time to time. If you suddenly see unexpected buys or volume where there was none before, that’s your first signal that something may be happening. The question becomes, who is buying and why now?
*Sometime in 2024, this was a trend. Memecoin teams such as Hana, Sani, Matt Furie narratives etc., were reviving / CTO’ing old contracts instead of launching new.
Track the Wallets
Once you notice early buys on a token that is being revived, the next step is to focus less on the token itself and more on the wallets behind those trades. These early wallets are often the people with connections. Whether it’s previous devs, ex-CTO teams, or even smaller VIP groups who are tipped off ahead of time.
Not every wallet will lead you to quality. Some will give almost no useful info, while others may lead you into obvious low-quality or bundled projects. The point is to filter. Keep your eyes open, flag the wallets that appear connected or consistent and continue watching them. The strongest signals come when multiple wallets you are tracking, start moving into a new project at the same time.
Analyze Trades from Early Wallets to Copy
When you have an idea of the wallets that you want to track, take a look at the projects they are investing in on DEX Screener (or similar). Use the criteria from our guide on analyzing wallets before bringing them into GMGN or Axiom. Did they actually buy? Are they actually making a profit (5-10x+)? Are they trading with real money or small bags? etc.
Once they seem to check out as a decent trader, you will want to additionally look at the trades / projects they recently invested in. Go to the Telegram, Twitter, website etc., and see what is being said and by whom. Does the dev or team have a good track record? Do they have experience and know what they are talking about? Is it run by bots or are there real people responding? etc. Double check the contracts of these projects to see if any of them have been bundled or compromised in any way.
The market cap of these early projects isn’t so important. I mean, you don’t want to jump into anything that appears to be too volatile, especially from an inexperienced dev or team. However, If the dev or team does actually seem legitimate, it may be worth considering.
Add Successful Wallets
Once you’ve found a few projects / traders that seem decent. You may want to take the wallet addresses you have found and bring them into GMGN or Axiom. This way you can investigate further and track for future trades or investments they may be making.
Monitor New Buys
Do your best to stay alert when these wallet’s do make new purchases. If you notice multiple wallets you are tracking purchase the same token. It may be a trade for you to consider, as this indicates a strong buying signal. Additionally, if you notice sudden selling activity from those tracked wallets. You may want to consider doing the same or at least taking some profits.
Monitor with GMGN
The monitor section in GMGN allows you to monitor the trades of the wallets that you are currently tracking. You can also purchase immediately with one click using the “Quick Buy” button if needed. These additional tweaks can significantly improve your speed and your chances at finding more profitable trades. (1)
*Make sure to set your tracking filters / settings to alert you of new buys.
Copy Trade / Monitor Manually
We believe staying in control of your trades is important whether you are a new or experienced trader. Blindly copying without paying attention could cost you a lot. Not only in losses when it comes to market cap changes, but in fees as well. Staying up-to-date with trades from these top wallets can be quite important. Doing so with GMGN.AI can be quite simple, especially if you’re using the desktop web application. This also works on mobile but you need to change to desktop view.
On the desktop or mobile web application. If you go to the tracking section and select trades, you will see a filter. Select which you think are most important, in this case you’ll want to select “buy / first buy”. With this setup, you will be notified automatically of trades while on the GMGN website. You will see the first buy from the wallets you are tracking. You will also be able to click “Buy” on the notification at the same time.
Be sure to configure your trade settings and filters properly. That way you aren’t wasting on fees or running into failed trades. Especially when buying in early. For more information and to avoid common mistakes, be sure to view our wallet tracking and strategy guide. It goes over configuration settings for trades, along with filters to set for projects such as; min and max market cap, TP/SL, etc.
For experienced traders, we hope this adds a new perspective to finding profitable wallets. For new traders, we encourage you to invest what you are most comfortable with. Once you start seeing results, start scaling up.
Final Thoughts
Finding profitable trades isn’t just about luck. It’s about building systems to notice what others overlook. Old contracts that spring back to life can serve as powerful filters for spotting wallets with real connections. As a result, those wallets can act as your roadmap to new plays before they hit the radar. Navigating through the steps of spotting revived tokens, analyzing early buyers, and tracking them with tools like GMGN or Axiom. You’re not just guessing anymore, you’re following informed activity.
In the end, discipline still matters. Not every signal deserves your money and copying blindly is a fast way to lose. Use this method to uncover potential leads, validate them through research, then take action strategically. Over time, you’ll develop your own list of wallets worth shadowing and a sharper instinct for when a move is worth the risk.
To begin tracking wallets and copy trading on GMGN, be sure to click here. To learn more about GMGN.AI and how it can assist in tracking early alpha wallets, click here. For an in-depth guide on copy trade settings and details on wallet tracking, click here.
FAQ
1. Why use GMGN or Axiom Trade instead of a Telegram bot?
Most use GMGN or Axiom instead of a Telegram bot because they’re built for speed and direct trading. Telegram bots often lag due to multiple API calls and rate limits, creating delays. GMGN and Axiom integrate directly, cutting that lag, giving you faster and more reliable execution. (2)
2. What red flags should you look for in Telegram groups or Twitter around a revived token?
Red Flags to Watch For
- Lack of Communication: One big red flag is when you notice buys but see no activity across social media channels. This could mean wallets are farming or market making, using anyone who enters as exit liquidity. Always check that there’s solid communication from a team or dev who has a plan and demonstrates they know how to execute it.
- Bot-Filled Telegram Groups / Socials: Another warning sign is Telegram groups that look active but are actually filled with bots disguised as real users. These accounts often repeat the same phrases (eg. “trust the process, dev is based”), shill constantly, or post on a set pattern without adding real substance. The easiest way to catch them is to monitor the group over time or search their messages for copy paste patterns.
View Sources +
References:
- GMGN.AI, FOLLOW: Monitor Square/ Follow/ Watchlist, retrieved from: retrieved from: https://docs.gmgn.ai/index/follow-monitor-square-follow-watchlist#id-1.-monitor-square
- ImTheDeveloper, DEV, Optimising Your Telegram Bot Response Times, retrieved from: https://dev.to/imthedeveloper/optimising-your-telegram-bot-response-times-1a64
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Page Last Reviewed / Updated: 23-September-2025