Last week, Solana experienced a massive surge in Memecoins, with several coins reaching a market cap of over $100 million. Among them, Book of Meme $BOME stood out with its astonishing growth, achieving a market cap of $1 billion within three days of its launch and successfully listing on Binance, surpassing $PEPE's record of 19 days to become the fastest token to reach a $1B market cap.

The frenzy of the Solana Memecoin season has led to congestion on the Solana chain, with many web front-ends unable to keep up with the rapid price changes of the tokens. Additionally, most Solana wallets do not allow users to adjust Gas Fees, resulting in many failed transactions. As a result, TG Trading Bots have become a must-have for Meme traders. In this week's Cryptosnap, Dr. DODO will introduce four popular TG Trading Bots on the Solana chain to make your trading experience smoother.

BonkBot

• Trading fee: 1%

• Referral mechanism: Earn 30% of trading fees in the first month, 20% in the second month, and 10% forever

• Token: None, and clearly stated that there will be no token issuance, and will continue to empower $BONK

BonkBot is a TG trading bot created by the Bonk community and currently has the highest trading volume among Solana TG Trading Bots. BonkBot is known for its simple user interface and features such as anti-Mev trading and adjustable Gas Fees. At its peak on 3/18, it reached a daily trading volume of over $250M, with a staggering $1.4M in daily fee income. Currently, the average daily trading volume has dropped to around $50M.

Sol Trading Bot

• Trading fee: 1%, with some tokens being free to use ($MYRO, $BONK, $WIF, $JUP, $WEN)

• Referral mechanism: 30% of the trading fees of the referred user

• Token: Yes, $STBOT, but currently the token has no utility

differs from other bots in that it offers the ability to snipe tokens. It also provides more complex order functions such as DCA and limit orders, as well as monitoring new tokens and liquidity pools. It is one of the few Solana TG Trading Bot projects that have issued a token.

In terms of trading data, it ranks second only to BonkBot, with a daily trading volume exceeding $143M and a daily fee income of over $1.4M at its peak on 3/18. Currently, its trading volume is on par with Trojan, at around $20M daily.

Trojan on Solan

• Trading fee: 1%, 0.9% for users who join through referral

• Referral mechanism: Hierarchical system, users who trade over $10,000 within a week will receive 35% of the trading fees of their referred users

• Token: None, but stated that a token will be issued in the future

Trojan formerly known as Unibot on Solana, was created by Reethmos, the former community operations manager of Unibot. It was originally a subsidiary product of Unibot, but due to disagreements with the original team regarding profit sharing and whether to issue a new token, Reethmos was kicked out by the Unibot team. The original Unibot team announced that they would develop a new Solana TG Bot on their own, and Trojan was then renamed. The Trojan team also announced that they had taken a snapshot of $Unibot before the Unibot announcement and would airdrop a new token to $Unibot holders in the future.

The trading interface is similar to Unibot's style and includes more complex order types such as copy trading and DCA. Currently, Trojan is the third-largest TG Trading Bot on the Solana chain, with a daily trading volume exceeding $109M and a daily fee income of over $1.1M at its peak on 3/18. Currently, the trading volume has dropped to around $20M.

Pepe Boost

• Trading fee: 1%

• Referral mechanism: 25% of the trading fees of the referred user

• Token: None, and clearly stated that there will be no token issuance

Pepe Boost is the most widely used trading bot among the Chinese community. Its native Chinese interface is favored by Chinese KOLs, and Pepe Boost has been operating on ETH for nearly half a year. Its good community reputation and responsive customer service have also made it popular on Solana.

Although its trading data is not as impressive as the top three, it still performs well. At its peak on 3/18, it reached a daily trading volume of $13M and a total fee income of $103K. Currently, the trading volume has dropped to around $5M daily.

Author's Perspective

The author is a relatively early user and fan of TG trading bots, having supported tools such as Maestro, Unibot, and Banana Gun in their early stages. During this Solana boom, the author has used all four of the above-mentioned TG Bots. Solana now accounts for over 60% of the trading share in the current TG Trading Bot field, becoming the largest source of users.

As mentioned in the introduction, due to the characteristics of the Solana chain, the transaction failure rate is higher compared to EVM public chains, further highlighting the necessity of using trading bots. They should be considered as a type of trading tool that can greatly improve the convenience of trading for users. However, users must also be extra cautious about the security issues of private key custody by TG Bots. If you intend to hold tokens for a long time, the author recommends transferring them to other wallets after the transaction is completed.