How to Quickly Get Started with the Base Protocol Ecosystem?

The recent Base ecosystem has been lively, with the emergence of the "vvv" concept followed by $aeon. However, if you are a newcomer to the Base ecosystem, figuring out who to follow and understanding the latest popular concepts in the ecosystem may lead to some challenges in quickly getting started.

The functionality of on-chain transaction terminals is now very comprehensive, and we often use transaction terminals like gmgn for on-chain buying and selling. By leveraging other features of these transaction terminals, we can quickly onboard ourselves to a new ecosystem.

Take gmgn as an example. In its "Explorer" feature, there is a profit ranking of addresses on the Base chain. By directly observing the recent profit targets of these addresses, I can form a preliminary understanding of the current state of the ecosystem.

These two addresses are the top 2 in terms of profit in the last 30 days, and they both have the "Sniper" tag. My initial reaction is that these are quick in-and-out players who may generally profit through fast-paced meme coin trading. Therefore, I hope to observe the meme coin trend in the current Base ecosystem through these two addresses.

Next, I examined the profit sources of these two addresses in detail. Starting with the address positioned at the top in the screenshot, nearly 130,000 of its profit comes from $TSG, with 108,000 originating from it.

Clicking into the token's details page, I navigated to the coin's X page through the social media buttons on the interface.

First, take a brief look at the X page's introduction, CA, and other content to ensure that the X number you are navigating to indeed corresponds to the coin. Then, scrolling through the tweets, you can find that this is a meme coin that gained popularity because several influential figures mentioned a 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, you can once again utilize gmgn's tracking feature to add these accounts to Twitter monitoring and have gmgn provide real-time updates on the content from these accounts.

The $TSG token has reached a peak market cap of $7 million, but after a rapid rise, it has experienced a significant drop. At this point, we can still consider that if these influencers mention this concept again, it would be another opportunity to enter the market. Utilize the monitoring feature to set up a relevant keyword for more precise monitoring notifications.

Lastly, let's revisit the entry point of this high-profit address for $TSG. The buy-in position was indeed very low, achieved through sniper-like precision to capture substantial profits.

At this stage, we have:

- A high-profit address utilizing early-stage low-price rapid sniping. We have labeled the address on gmgn as "TSG Earn 100k Sniper" and will continue to track it. For a more aggressive approach, we can use gmgn to place a small follow-up order on this address and consistently monitor the profit and loss of the follow-up. Stop following the strategy when the success rate of this address decreases.

- The meme trend that is popular on Base. The reason this coin is gaining attention is due to celebrities teaming up and shouting slogans. We have added these individuals to the tweet tracking list. For further insights, we can delve into these celebrities' tweet interactions and follower lists to expand our list of influential figures in the Base ecosystem.

- A potential second chance opportunity, assuming that the slogan is mentioned again, triggering a quick price rebound.

Next, let's look at the second address, which has currently made over $170,000 in profit on $LFI and has been held for 19 days, indicating a long-term target.

Now, we can consider what the theme of this coin is and whether we can deduce the current thematic storyline of the Base ecosystem through this coin's theme. Here, we can directly search for LFI on Wellbore:

By reading Wellbore's articles, we can quickly understand what these projects are specifically about and delve into more in-depth on-chain trends. For example, LFI represents RWA + team background support, while Base's on-chain AI has concepts like "vvv" and aeon.

Of course, the above operation can also be reversed. For example, you can first switch from dexscreener to Base Chain tokens and then take a look at the tokens with the highest 24-hour trading volume. You can then use gmgn to view profitable addresses, perform narrative analysis, and so on.

The ultimate goals are consistent:

- Clarify the main narrative on the Base Chain

- Expand the database of large profitable addresses and influencers, label the styles of these addresses/people for easy classification and real-time tracking of the latest changes

- For coins that have already risen/fallen, consider key turning points that may occur next, and use corresponding tools to track them

Through the comprehensive features of the trading terminal, we will no longer feel lost about how to enter a new ecosystem, without spending a lot of time aimlessly browsing X and Farcaster. Hopefully, this article will help those who are new to the Base ecosystem.

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