How does the tool work - holder quality assessment?
Today, I will show you and tell you how to use the tool for evaluating the quality of holders on the x1000 website.
What is this tool for? Of course, it is for analysing who holds a given token, because it is not always clear whether these are real token holders or bots. This tool is needed precisely for this purpose, so that a certain decision can be made afterwards.
The official website of the project is https://x1000.club/
The first thing we need to do is go to the website and register. If you already have a profile, just log in.
After logging into your personal account, you will see the following:
On the left side of the panel, click on Holder Quality
This is the tool for assessing the quality of holders.
Everything should look exactly like this. To assess the quality of token holders, you need the token itself, so go to the DEX Screener website:
This tool is currently in beta and only works for tokens on the Solana network . It is mainly for meme coins. The service does not work as well with utility tokens, but this issue will be resolved in the future
Let's go to the DEX Screener website and select, as an example,the top 1 token by growth for today on the Solana network.
As you can see in the screenshot above, I selected the Solana network and chose the top 1 token, copied the contract address, and returned to the website:
https://x1000.club/cabinet/holder-quality
I paste the token address:
And I press - Analyze Token
As you can see from the screenshot above, I can see the progress bar in the token analysis
Let me remind you that this tool is based on our own AI model, and the waiting time is necessary for the AI to analyse the holders
The waiting time always varies, but it is usually no more than 5 minutes.
As you can see, progress is already at 60%, so there's just a little bit left to wait.
Progress is 100%, let's see what we have for this token
Scrolling down a little, we can see the following picture:
Token Statistics
AVG Score - the overall token score shows how relevant the token is on a scale of 100. As we can see, in our case, the indicator is extremely poor, which is the first thing we need to pay attention to and think about
Total Portfolio - shows how many wallets holders have in total and the total amount of their funds
Avg Portfolio - average balance per wallet
Avg Wallet Age - average ‘lifespan’ of a wallet, only how many days ago it was created
Just below are the statistics on snipers.
What is a Sniper Bot?
A sniper bot is a programme that automatically buys new tokens as soon as they are launched on decentralised exchanges (DEX) in order to make a profit in the early stages.
It is practically impossible to do this manually, but with the help of a sniper bot, you can be one of the first to buy a token.
We get the statistics below based on them, so let's take a look.
Sniper Statistics
Total Sniped - everything is sniped
Total Sold - total number of sniper bot sales
Total Profit - total profit from sniper bots
Avg Profit % - average profit percentage per bot
Snipe transactions - transactions from sniper bots
Let's go down a little further:
Here we get a list of wallets, and a mark for each wallet - Holder, Sniper or Farmer.
We can copy the address of the wallet we are interested in and go to Wallet Analysis, but more on that in another article.
Let me give you a couple more examples of how this service works with other tokens, so that you don't get the impression that I specifically chose this token as a perfect example of how the service works.
I refreshed the page in the decrypter and selected the top token from the list
I copy the contract address and paste it on the website:
https://x1000.club/cabinet/holder-quality
I click on the button - Analyze Token
Now I just have to wait a little while
Very little time has passed, and the token and its holders have already been analysed. Let's take a look at the overall picture for the token.
Let's look at the AVG Score, which is extremely low, the first warning sign, so to speak
We can also see the statistics on snipers; this token is not very good for buying, as there are almost no real holders there.
Scroll down a little further and you will see the full picture. Personally, I would not buy such a token
I am grateful to this service for saving me so much time. In general, feel free to use it
Let's look at another example to reinforce this point. We'll try to find a token that's better than the previous two.
Overall, don't be surprised if the tokens seem bad to you. These are meme coins, and most of them are complete rubbish, so don't think that the service is bad. In most cases, it's the tokens that are bad.
I took another token from the top growth list on Decsrinner. The chart looks fine at first glance, so let's check this token.
I also copy the contract address and paste it on the website.
I entered the contract address and am just waiting.
Here we see a different picture, with an overall AVG Score of 74.02 out of 100
And the average wallet lifetime is approximately 170 days. In general, let's look at the statistics for snipers.
Have you noticed the new name? Let's figure out who a Farmer is
A ‘Farmer’ is a person who engages in cryptocurrency farming (profitable farming), i.e., passive income from providing their assets in exchange for interest or commissions.
I hope it's clearer now. Overall, this token is better than the previous ones I've reviewed. Again, this tool does not provide financial advice; it gives a complete picture of each token and who holds it, but only you can make decisions.
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