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GMGN

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From Trenchwiki, the trench encyclopedia

GMGN (also GMGN.AI) is a memecoin trading platform with a website and Telegram bots that offers fast trading, copy trading of "smart money" wallets, automated buying and selling, and tracking of insiders and snipers.[1] Its wallet and token pages are also used as an on-chain data source.[2]

Products[edit]

GMGN's documentation describes web trading from token pages with charts, a Telegram sniper bot and trading bot, auto-buy and limit orders, take-profit and stop-loss selling, a contract security check, and views that track insider traders, snipers and the first 70 buyers of a token.[1] It runs a referral programme paying rebates of up to 30%.[1] Crypto Briefing describes it as multi-chain, covering Solana, BNB Chain, Base and Ethereum.[3]

Role in trenching[edit]

During the launch of TRUMP in January 2025, GMGN processed $153 million in Solana transactions and earned $1.52 million in fees, according to Cointelegraph.[4] Decrypt used GMGN wallet data to profile a pump.fun deployer who created about 17,000 tokens, citing a 79% profitable-trade rate.[2] Its insider and sniper views address Sniping and Bundling at launch.[1]

Notable events[edit]

On 16 June 2025 X suspended GMGN's account along with those of pump.fun, its founder Alon Cohen, Bloom Trading and BullX, without stating a reason.[5] In August 2026 GMGN's 24-hour revenue briefly passed Axiom's on DefiLlama data, at about $336,000.[3] On Robinhood Chain, GMGN and the launchpad Pons produced about $2 million of the chain's $2.66 million in app revenue over 24 hours around 30 August 2026.[6]

Timeline[edit]

  • 2025-01-19: GMGN TRUMP-launch volume and fees reported[4]
  • 2025-06-16: X suspends GMGN and other memecoin accounts[5]
  • 2026-08-30: GMGN and Pons lead Robinhood Chain app revenue[6]

See also[edit]

References[edit]

  1. ^ GMGN.AI tutorials, GMGN, n.d.
  2. ^ This Crypto Trader Bagged $840K by Creating 17,000 Meme Coins in 3 Months, Decrypt, 2025-01-29
  3. ^ GMGN overtakes Axiom Exchange in 24-hour revenue as memecoin trading wars heat up, Crypto Briefing, 2026-08-08
  4. ^ Insider trading allegations surface as TRUMP memecoin floods Solana DEXs, Cointelegraph, 2025-01-19
  5. ^ Pump.fun and founder Alon's accounts banned on X alongside other memecoin services, The Block, 2025-06-16
  6. ^ Robinhood Chain beats Ethereum in daily revenue as memecoin trading takes over, CoinDesk, 2026-08-31
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