Solana memecoins are the new rage and traders are making the most of them by trading and sniping. Memecoins can give gains of more than 1000% in a single day.
Trading bots are the new way to trade these volatile memecoins and there are a lot of bots that have emerged.
In this article, we will look at Top 5 fastest solana trading bots and compare them.
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Table of Contents
Banana Gun
Banana Gun is a Telegram DEX trading bot popular for its sniping features that allow traders to quickly participate in token launches and ride the wave of market swings.
Major Features
- Auto Sniping: Bots automatically buy or sell on pre-programmed occasions at times chosen by traders. It is most helpful in the token launch situation.
- MEV Protection: Offers premium protection against front-running attacks through its robust guarantees for safe and seamless transactions.
- Limit Orders: Enables users to place orders to take profits or protect investments with stop loss or trailing stop loss.
- Copy Trading: Allows users to replicate trades of profitable traders automatically
- Fast & Secure Swaps: Provides MEV-resistant swaps with lightning-fast execution, safeguarding against sandwich attacks and front-running.
- Anti-Rug & Reorg Protection: Employs a strong anti-rug system with an 85% success rate, preventing malicious token contracts and reorganization of blocks.
- Scam & Honeypot Protection: Leverages in-built simulations to identify and prevent user interaction with scam tokens
Fees
Transaction Fee: 0.5% of user transactions.
Trading Volume
Also Read, 5 Best Pump.Fun Trading Strategies for Meme Coins
Photon Sol
Photon is a Solana chain web-based DEX trading bot that is famous for its ease of use and sophisticated features.
You can read full Photonsol review here.
Main Features
- Memescope: Memecoin monitoring tool displaying token data such as key indicators and sources.
- Dollar-Cost Averaging (DCA): Enables traders to create systematic investment plans by defining parameters like investment amount and time frames.
- Limit Orders: Supports multiple order types, including buy on dip, stop loss, and take profit.
- Smart-MEV Protection: Increases speed and security of transactions by shielding against front-running attacks.
- Auto Buy and Auto Sell: You can automate Auto-Buy and sell when the price of the token decreases by a specified percentage or higher. As soon as the order is placed, Photon tracks the price and will sell when the price is within your requirements.
Fees
Transaction Fee: 1% on user transactions.
Trading Volume
Also Read, Top 5 Photon alternatives for Solana trading
Trojan Bot
Trojan is a Solana-based trading bot in Telegram with a reputation for speed and depth of features.
Read full Trojan bot review.
Main Features
- Sniping: Inbuilt sniper utilities for finding memecoins early
- Instant Trading: Allowing fast swapping of tokens and fast trading
- Token Blacklist: Block the tokens you don’t want to see.
- Copy Trading: Allowing trading copying from 40 wallets at the same time
- Dollar-Cost Averaging (DCA): Allows for placing DCA orders automatically to prevent market volatility using consistent investments.
- Sell Initials Button: Close your trades with one click.
- User-Friendly Interface: Offers both basic and advanced modes and is extremely simple to set and operate.
Fees
Transaction Fee: Regular 1% and can be brought down to 0.9% through referrals.
Trading Volume
Also Read,Top 7 Trojan Bot Alternatives
BonkBot
BonkBot, created by the Bonk community, is a Telegram trading bot with a focus on simplicity and effectiveness. It is designes especially for trading meme tokens on the Solana blockchain.
Read full Bonkbot review.
Key Features
- Real-Time Alpha Alerts: Offers smart filtering of tokens to assist users in spotting potential opportunities among market noise.
- Limit Orders with Partial Fills: Allows users to place buy and sell orders at desired prices with partial fill support to guarantee order execution even in thin markets.
- Simplified Trading Process: Enables users to make purchases by simply pasting token addresses into the Telegram chat thus eliminating wallet connections and slippage adjustments.
- High Performance: Facilitates quick execution of buy and sell activities.
- MEV Protection: Together with Jito Labs it provides enhanced protection against front-running attacks.
- Referral System: Rewards user activity by paying a percentage of transaction fees to users who bring others to the platform.
- Trailing Stop Loss: Enables users to secure profits when prices increase and cap losses if they fall.
- Auto-Strategy Execution: Enables users to execute entire trading strategies with one click.
Fees
Transaction Fee: Typical 1% on user transactions.
Trading Volume
Also Read, Top 7 Bonk Bot Alternatives for Crypto Trading
Sol Trading Bot
Sol Trading Bot is a Solana chain-based DEX trading bot that provides a variety of features to make trading efficient.
Read full Soltradingbot review.
Key Features
- Automated Trading: It supports multiple automated trading methods, such as limit orders and DCA therefore allowing users to make trades according to pre-defined parameters.
- Real-Time Analytics: It offers real-time market data and analytics.
- User-Friendly Interface: Made to cater to both beginners and advanced traders.
Fees
Transaction Fee: 1% per transaction and Fee-Free Tokens are MYRO, BONK, WIF, JUP, WEN
Trading Volume
Also Read, Top 7 SolTradingBot Alternatives
Fastest Solana Trading Bots: Comparison Table
| Trading Bot | Platform Support | Transaction Fee | Trading Volume | Key Features |
|---|---|---|---|---|
| Photon | Web Client | 1% | ~$9.987B | Memescope, DCA, Limit Orders, MEV Protection |
| Trojan | Telegram | 1% (0.9% w/referral) | ~$8.061B | Instant Trading, Copy Trading, DCA, User-Friendly UI |
| BonkBot | Telegram | 1% | ~$7.59B | Alpha Alerts, Stop Loss, Strategy Automation, MEV Protection |
| Banana Gun | Telegram | 0.5% | ~$5.3B+ | Sniping, Secure Swaps, Anti-Rug, Scam Protection |
| Sol Trading Bot | Telegram/Web | 1% | ~$4.1B | Automated Trading, Market Analytics, Custom Strategies |
Fastest Solana Trading Bots: Conclusion
The bots compared are among the fastest bots available in the crypto market best suited for trading solana memecoins.
Ultimately the ideal bot will be based on personal trading preferences, with Photon and Trojan being recommended for active traders and Banana Gun performs better in high-speed trading conditions.
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