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Live Token Alerts

When watching for new pairs, you should take a different investigation approach to a pre-launch one, as it is more time sensitive.
As mentioned before, watching new pairs for new token launches can be extremely risky, but of course also be very rewarding, allowing you to enter into new coins within minutes of launch. There are certain principals and approaches to use when investigating tokens in this fashion. Before buying any new token, it is really important to make sure the contract is verified, liquidity is locked, and ideally is renounced too. If not verified, they can have any number of functions in the contract they use to rug the token. If liquidity isn’t locked, they can just rug the token. And if not renounced, they can call functions in the contract that could rug you (not renouncing is also normal though for real coins that want to be able to be flexible later with taxes, etc.).
When a tokens liquidity is locked, you will receive a notification in the Consortium "liq-locked-coins" channel, like in the below photo. This will tell you all of the relevant info you need to assess, at a glance, if a token is worth opening a position in.
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An important note is that most real tokens that launch will have many transactions (buys and sells) within the first few minutes of launch. If a coin launches and doesn’t have a lot - this tends to indicate that bots have avoided that contract because it is unsafe or a scam in some fashion. In this sense, bot presence is actually a metric of a safe/normal coin. The most important one to look at is the amount of sales something has had. If very few, it’s most likely a scam/honeypot.
Since already launched tokens are time sensitive with their entries, our alerts aim to provide you with enough information to confirm, at a glance, if you want to open a position in a certain token. I tend to open a small position (.01-.05) into a token if it looks good from one of these notifications, then continue on to do proper DD like mentioned previously; following the deployer wallet, looking at links, etc.
Something else worth checking if there is time, is the holder distribution of a token (if trading is already live). No single holder (besides burn wallet or LP) should hold more than 4% really. No more than 2% is ideal IMO and the less, the better. The larger holders there are, the more a single individual can destroy a token. The top 10 token holders should ideally have less than 20% of the token total. To check distribution, click the contract name in the Consortium alert, then select the holders tab on Etherscan.
When you see "TD" on max wallet you can just use max tx, TD stands for transfer delay, there is a delay between buys put in place, preventing multiple buys at once. Otherwise, you will see the "max wallet" and "max transaction" limits on each pair.
Again, it is very important to highlight again that buys/sells can be an instant fail or pass of a ‘smell test’. If there’s very few transactions, sales especially, its a massive red flag. If it passes the ‘smell test’ then you can go on to consider buying the token. If a token is 20+ minutes old, it should have at least ~100 transactions and 15-30+ sales.
Websites like Honeypot.io, TokenSniffer, and RugDoc can be used to check if a token is safe to purchase, as well as get its taxes; but it is very important to note that these websites can not be relied on 100%. I have seen both issue false warnings, not issue warnings for real scams, and get taxes wrong. They're best used to confirm the other information available to you.