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krisvarley
krisvarley

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How to Track and Trade Tokens via Telegram Using Solana + DropsTab API

Telegram bots are no longer just for notifications — they’re becoming full-stack crypto trading tools.

In 2025, bots like Trojan, BONKbot, Maestro, Banana Gun, and Drops Bot are collectively processing over $70M in daily volume, mostly on Solana. These bots let users buy, sell, copy-trade, and snipe tokens — all through simple Telegram commands.

This post breaks down how this works under the hood — and how you can build similar functionality using the DropsTab API + Solana.

Problem: Trading UX Is Still Clunky

Most Web3 trading flows involve:
• Switching between tabs
• Connecting wallets
• Copying contract addresses
• Paying high fees

Telegram bots abstract all of this. The user sees an alert → hits a button → and the trade is executed.

If you’re building anything in the DeFi, tooling, or wallet space, it’s time to rethink UX through this lens.

⚙️How Telegram Bots Handle Trading

At their core, trading bots are just:
• Hot wallets with scriptable commands
• Solana (or EVM) integrations via RPC nodes
• Backends that watch for token events
• Optional security layers (MEV protection, honeypot detection)

Here’s a simplified structure:

User input (Telegram command or UI button)

Bot parses intent (buy/snipe/copy/etc.)

DropsTab API checks token data, price, volume

Backend constructs transaction

Solana RPC sends trade

User receives confirmation in Telegram

Example: Drops Bot + DropsTab API

Drops Bot originally started as an on-chain alert engine.

It used DropsTab API for:
• Wallet tracking: "alert me when wallet X buys BONK"
• Token unlocks: "alert me before a big unlock"
• Price swings: "ping me if this token moves 20%"

In 2024, it added Solana trading — letting users trade directly from alerts.

Here’s a pseudocode example for triggering a copy-trade:

Step 1: Watch wallet activity via DropsTab

wallet_data = requests.get('https://api.dropstab.com/v1/wallets/{address}/activity')

Step 2: Detect new buy of target token

if 'new_token_buy' in wallet_data:
token = wallet_data['new_token_buy']['symbol']

# Step 3: Get trading metadata
token_info = requests.get(f'https://api.dropstab.com/v1/coins/{token}')

# Step 4: Send trade order via bot backend
execute_trade(token, amount=1, slippage=0.5)
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This is a simplified flow — in practice, Drops Bot layers in:
• Rate-limiting
• User-specific wallet auth
• Take-profit / stop-loss settings
• Copy-trade approval filters

Dev Takeaways

• Telegram bots are emerging as wallet-native UX layers
• DropsTab API can power smart alerts + token filters
• You can build copy-trading and real-time triggers using basic webhook + RPC logic
• Flat-fee models (like Drops Bot) are gaining ground vs % swap fees
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Want to build your own?

🔗 Explore DropsTab API Docs
🤖 Try Drops Bot on Telegram

If you’re building Telegram trading tools, wallets, or DeFi dashboards — I’d love to hear what you’re working on. Drop a comment.

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