XCeption Twitter Space - Spectre AI

In XCeption’s Twitter Spaces which took place on March 15, 2024, Ser PT from XCeption hosted Sunny from Spectre to discuss Spectre and XCeption partnership, advanced tools, market strategies, and more! Read our notes below to learn more.

Background

Ser PT (Host) – Contributor at XCeption

Sunny (Guest) – Contributor at Spectre

Spectre – AI Prediction Tools for Blockchain

XCeption – first operational MEV bot

Revolutionizing Crypto Trading: Spectre & XCeption Partnership

Sunny expresses excitement about partnering with XCeption, admiring their work and unique tools. He highlights the long-standing anticipation for this collaboration.
Sunny introduces Spectre as initially an AI prediction bot now evolved into providing prediction tools for blockchain. He explains Spectre‘s capability to predict the trajectory of tokens on Ethereum, BNB, and Polygon networks through a proprietary Telegram bot.
Spectre’s services have expanded beyond short-term market cap predictions, aiming to assist traders in navigating the volatile crypto market by offering a variety of tools.
Sunny explains Spectre’s development into sentiment analysis features, highlighting the importance of sentiment as a catalyst for a project’s trajectory. This includes basic sentiment analysis through text, a pro version tracking significant account mentions, and ultra functions showcasing project endorsements through X bubble maps.
Spectre plans to introduce sentiment-now charts, which correlate price action with engagement levels, and a unique technical analysis chatbot integrated with live candlestick patterns and indicators. This approach aims to simplify complex data analysis for users, catering to the short attention span prevalent in today’s market.
SerPT expresses excitement about AI-powered price prediction tools, recalling his 2018 project involving a machine learning model for price prediction, highlighting the difficulty in sifting through vast data for valuable insights.
Sunny notes the evolution of AI and machine learning tools that enhance such projects. He talks about a new lead architect focusing on neural networks and sentiment analysis and mentions the upcoming onboarding of two data scientists dedicated to AI predictions.
SerPT asks about Bubblemaps, a tool for visualizing project support and network connections.
Sunny explains the MVP of Bubblemaps, describing how they process and display data from Twitter, distinguishing between major influencers and others using profile pictures and colored bubbles. He mentions efforts to filter out bot accounts and emphasizes the visual simplification and importance of community involvement in product development.
SerPT agrees on the value of community feedback for product improvement, reflecting on the constructive insights gained during the alpha and beta testing phases.
Sunny mentions that Web3’s development is significantly supported by community feedback and involvement, highlighting the importance of user input in stress testing and whitelisting for growth.

XCeption: Innovating Trading Tools for Community Empowerment

SerPT highlights the value of community contribution to product development. He mentions using Spectre AI personally for sentiment analysis, pattern predictions, and price predictions to inform trading decisions, particularly for market analysis.
SerPT introduces XCeption as a suite of bot tools designed to simplify trading with unique features. He describes a Telegram trigger and sniper tool, highlighting the innovation of their MEV sandwich bot, which allows users to participate in MEV opportunities. He mentions successful beta testing with significant profits for users.
Sunny highlights the uniqueness of having a personal MEV bot, contrasting it with the frustrations commonly felt due to others profiting from front running. He commends the team for creating such a tool.
SerPT expresses pride in their technical advancement over competitors, noting that despite being in beta, XCeption’s features like the sniper tool and their approach to MEV are advanced. He anticipates that catching up with competitors will be easier for them due to these unique selling points, making it an opportune time for user onboarding.
Sunny shares a personal reflection on how XCeption alleviated his fears related to the crypto market, particularly around sniping and market manipulation.
He credits XCeption for providing tools that empower users, making them feel included and in control of their trading activities. He mentions being a holder of $XCEPT, highlighting the psychological impact and the sense of empowerment the project has given him.
SerPT highlights the importance of democratizing trading tools to level the playing field for everyone. They introduce a market section tool that enables auto DCA for users to manage their positions and offers a cost-efficient market-making tool for projects to automate buybacks or scale-out strategies.
Sunny mentions that XCeption will be the market maker for Spectre, noting that it is one of the few projects alongside Guardarian to utilise this service.
SerPT elaborates on the market section tool, explaining its reliance on buy and sell zones determined by projects. They discuss the flexibility in setting these zones, including staggered buy zones and predetermined sell levels, to efficiently use capital and benefit users.
Sunny agrees, noting the tool’s potential to protect the chart from panic selling by novice traders. He mentions the advantages of using XCeption to scale out positions safely, minimizing price impact, and thus preserving chart health and community value.
SerPT confirms the tool’s effectiveness in helping users manage their trades more strategically and announces plans to demonstrate setting it up for Spectre.

Market Setup and Strategy for XCeption Bot Integration with $SPECTRE Token

SerPT mentions the steps to set up a new market in the XCeption bot, using $SPECTRE‘s token address as an example. They discuss setting up buy zones, choosing between $USDC or $ETH for pricing, and suggesting a buy zone price for demonstration.
SerPT suggests setting a buy price above the current market price for demonstration purposes, choosing a price of 69 cents. They also recommend setting a token amount as a range between two points to randomize the size, which they prefer, specifying a range between 0.2 and 0.25 $ETH for this example.
SerPT advises setting a range interval for transactions between 15 and 45 minutes to demonstrate the functionality.
Sunny agrees to the setup, seeking to understand that a buy will trigger if there’s a sell order below 69 cents.
SerPT confirms the buy trigger mechanism, explaining that it’s based on real-time blockchain data analysis. He mentions the option for using multiple wallets in transactions, allowing for random selection among them.
SerPT discusses the importance of setting a max token amount to define the budget for automatic trading, suggesting setting it at half an Ethereum for the demonstration to ensure a buy trigger.
SerPT finalizes the demonstration setup, indicating a successful buy transaction at 0.202 ETH, showcasing the market-making tool in action on Spectre.
Sunny highlights the partnership with Spectre and the significance of market-making for volume generation, highlighting that increasing volume attracts more buyers and enhances market activity, underscoring the principle that “volume follows volume.”
SerPT says that utilizing the treasury for strategic buys and sells can act as a form of marketing by influencing the project’s chart appearance, which often pre-judges a product’s value for many people.
Sunny agrees, describing the strategy as “chart marketing,” which can subliminally attract interest and engagement without direct marketing efforts.
SerPT mentions the difficulty in setting effective buy and sell zones, expressing a preference for using a spectrum to determine these zones as a powerful strategy.
Sunny notes the importance of this approach as they move towards V2 of their platform, despite the inherent challenges of achieving 100% accurate AI predictions, especially in markets with low caps influenced by individual wallet holders.

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Show Information

Medium: Twitter (Audio)
Show: XCeption Twitter Space
Show Title: XCeption’s Space
Show Date: March 15, 2024