Base Ecosystem Beginner's Guide: Following the Profit Leaders to "Copy Their Moves" and Catching the Next $TSG

The Base ecosystem has been red-hot recently, first with the "vvv" narrative, and now with $aeon. But if you are a newcomer stepping into the Base ecosystem, figuring out who to follow and what the latest trending narratives are will inevitably bring some "how to get started quickly" headaches.

On-chain trading terminals now have very comprehensive features. We often use terminals like gmgn for buying and selling on-chain. However, by leveraging their other functionalities, we can also use them to quickly get up to speed with a new ecosystem.

Taking gmgn as an example, its "Explore" feature includes a ranking of addresses by profitability on the Base chain. By directly observing the recent profitable tokens of these addresses, I can form a preliminary understanding of the current ecosystem's situation.

These two addresses are the top 2 in 30-day profit amounts. Both have the "Sniper" label. My first reaction is that they are fast-in, fast-out traders, who typically profit by trading fast-moving meme coins. Therefore, I hope to see the trending meme coin narratives in the current Base ecosystem through these two addresses.

Next, let's look at the profit sources of these two addresses in detail. First, the address at the top in the screenshot: out of its nearly $130,000 profit, $108,000 came from $TSG.

Click into the details page of this token, and use the social media button on the page to jump to its X account.

First, scan the CA and other content in the X profile's bio to confirm that the X account corresponds to this token. Then, scrolling through the tweets reveals this is a meme coin. It gained popularity because several influential figures below mentioned the slogan, "there is a sleeping giant sitting on base rn."

From the screenshot above, we can follow all the influencers who retweeted the $TSG official account. Here, we can also use gmgn's tracking feature to add these accounts to Twitter monitoring, allowing gmgn to push their content in real-time.

$TSG peaked at a market cap of $7 million, but after its rapid rise, it fell significantly. At this point, we can also consider that if these influencers mention this concept again, it could present a re-entry opportunity. Using the monitoring feature, we can set up relevant keywords for more precise monitoring pushes.

Finally, let's go back and confirm the entry position of this $TSG high-profit address. The buy-in price was indeed very low, achieving substantial profits through sniping.

At this point, we have gained:

- A high-profit address with an early, low-price sniping style. We can tag this address on gmgn, for example, "TSG 100k profit sniper," and then monitor it continuously. If we're more aggressive, we can use gmgn to follow a small amount of this address's trades and track the copy-trading's P&L, stopping the strategy when the address's win rate drops.

- The trending meme narratives on Base. We can see this coin gained attention because celebrities teamed up to promote the slogan. We add these individuals to our tweet tracking list. Going further, we can delve into these celebrities' tweet interactions and following lists to expand our list of Base ecosystem influencers.

- A potential second-leg opportunity. Assuming the slogan is mentioned again, the price could see a quick rebound.

Now, let's look at the second address. This address has made over $170,000 in profit on $LFI, with a holding period of 19 days, indicating it's a long-term target.

At this point, we can consider its theme and whether it reveals the current main narrative thread in the Base ecosystem. Here, we can search for LFI on BlockBeats:

By reading articles on BlockBeats, we can quickly understand what these projects actually do, along with deeper on-chain trends. For example, LFI represents an RWA + team-background play, while AI on the Base chain involves the "vvv" narrative, aeon, and so on.

Of course, the above operations can also be reversed. For instance, you can first switch to base chain tokens on dexscreener, overview the top tokens by 24-hour volume, then use gmgn to look at profitable addresses and analyze narratives.

The ultimate goals are all the same:

- Clarify the main narrative on the Base chain.

- Expand the database of high-profit addresses and influencers, tagging their styles for easy categorized tracking to follow the latest changes in real-time.

- For tokens that have already risen or fallen, think about potential key turning points and use corresponding tools to track them.

With the comprehensive supporting features of current trading terminals, we no longer need to feel lost about how to get started in a new ecosystem or spend significant time aimlessly browsing X and Farcaster. I hope this article is helpful to those just entering the Base ecosystem.