There are generally several strategies for tracking wallets:

1. One-time new tracking.

Tracking the wallets of top FNF members, these individuals can get into a project right when a narrative emerges or open similarly named projects/case variations, such as the previous PVE, TAP, AP, and Epstein. They are the ones opening these projects and the variations as well. When the bull market arrives, they also try new things, like SPARK and tokabu; SPARK is directly launched from Alien Cat/Qing's internal project.

The reason these individuals can successfully launch projects is that the principle has shifted from dissemination through platforms like Twitter/TG to on-chain signal transmission.

2. Quantitative strategy tracking.

Various quantitative strategies have always existed in the Solana chain market, including grid-like strategies, lottery-style strategies, and copy trading, among others. I have seen impressive quant strategies, such as Gensci, which can open a project with a 2% fee and get it done in seconds. This strategy consistently produced 2000 SOL every month from February to April. Later, due to the influx of funds from external projects to internal projects, which ranged from 5k to 10k, this strategy became ineffective.

3. Market analysis/chip analysis for secondary tracking.

This doesn't need much elaboration; those who understand, understand.

4. Top trading model analysis and learning.

Currently, the models from Qing and Gake are very impressive. Gake's three small wallets can achieve a high win rate & a 300%+ profit-loss ratio. I believe this is the result of the combined effect of wallet and narrative judgment. I recommend checking out their trading insights; the combination of dissemination theory and narrative dynamics currently seems to be a good explanatory method.