> For the complete documentation index, see [llms.txt](https://docs.leap-blockchain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.leap-blockchain.com/leap-trading-sol-bot/leap-trading-bot-setup/drop-bot-strategy-explanation/token-selection.md).

# Token Selection

Before running Drop Trader, **manually filter tokens** — this is a huge part of your edge.

To start, open **Photon or an Equivalent** and head to the **Trending section**. You're looking for tokens that meet certain key criteria. Not all coins are worth monitoring — and not all dips bounce.

se this quick list before running any token:

**1. Liquidity: Aim for $80k+**

* Buys **\~ We don't reccomend buying more then 1% of a token’s liquidity per trade**.
* Example: $80k liquidity = $800 buy size.
* Less than $80k = worse price impact and riskier recovery.
* More liquidity = more reliable and profitable bounces.

**2. Safety: Avoid Rugs at All Costs**

* Red flags to avoid:
  * LP not burned
  * Freeze authority active
  * Mint authority not revoked
  * Avoid doing huge buys above $1200 without MEV protection
* Use the **Security tab** in Photon or run checks manually.

**3. Volume: High Volume = More Opportunity**

* You want tokens with **lots of trading activity**.
* No volume = no dips — or dips that never bounce.

**4. Dip Response: Use Your Eye**

* You're looking for tokens that **consistently bounce after dips**.
* Signs to watch:
  * Previous dips recover well
  * Price generally trending upward
* **Avoid “bleeding out” tokens** — hard downtrends are harder to recover from.

**5. Age: New = Risk + Reward**

* New tokens (even 30 seconds old) are often volatile and high-volume.
* These can be **very profitable** if they meet all the rules — but also die fast.

***

#### 💡 Pro Tips

* 🔁 **Refresh token choices every 10 minutes** — or even more often when the market is active.
* 🎯 **Start with 1–2 tokens** at a time. It's easier to monitor and learn what works.
* 🛠 Platforms that work well: **Photon**, **Axiom**, and **BullX**.

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***The following will be pictures to get an idea of what we're describing on this page.***

***

## Good Dips

<figure><img src="/files/jIyNOjhzgxGwxZI3sm8s" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/6Wuysfju5MF0zc5hEvv5" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/d13JpVO5e887J5gMM0XS" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/nuVlc9q7rTLWEERrbRuW" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/lnbgNYSpxrgwgDKyBagz" alt=""><figcaption></figcaption></figure>

***

#### Token Red Flags: What to Avoid

Even if a token looks perfect at first glance, these red flags are **automatic deal-breakers**. Always check before running.

**🧠 Holder Distribution**

* ✅ Healthy: Top 10 holders control <50%
* ❌ **Red Flag:** Top 10 holders own **70%+**\
  → High risk of **dumping** or **rug pulls**

**🔐 Authorities**

* ❌ **Mint Authority Enabled**\
  → Dev can print unlimited tokens = instant devaluation
* ❌ **Freeze Authority Enabled**\
  → Dev can freeze wallets = total loss risk

**📉 Scam Chart Patterns&#x20;*****(Visual Examples Below)***

Watch out for:

* **Pump 'n' dump** spikes
* **Straight-line dumps** with zero recovery
* **Volume dying off rapidly** while price holds — signs of dev manipulation

🛡 Use **Photon Security Tab** or **manual Solscan checks** to confirm these quickly.

## Photon Security Tab

The left security tab would be an example of a better choice of token

{% hint style="danger" %}
Please note that even when everything can appear to be good on the security tab, it can still be a malicious/rug token.
{% endhint %}

<figure><img src="/files/4LxDFkSeQO25S37Npm1j" alt=""><figcaption></figcaption></figure>

***

## An example of a coin "bleeding"

<figure><img src="/files/QWZ1Qn4NT05fWXMC8BwK" alt=""><figcaption></figcaption></figure>