Resisting Manipulative Bots in Meme Coin Copy Trading: A Multi-Agent Approach with Chain-of-Thought Reasoning
Yichen Luo, Yebo Feng, Jiahua Xu, Yang Liu
Abstract
Copy trading has become the dominant entry strategy in meme coin markets. However, due to the market's extremely illiquid and volatile nature, the strategy exposes an exploitable attack surface: adversaries deploy manipulative bots to front-run trades, conceal positions, and fabricate sentiment, systematically extracting value from naïve copiers at scale. Despite its prevalence, bot-driven manipulation remains largely unexplored, and no robust defensive framework exists. We propose a manipulation-resistant copy-trading system based on a multi-agent architecture powered by a multimodal large language model (LLM) and chain-of-thought (CoT) reasoning. Our approach outperforms zero-shot and most statisticdriven baselines in prediction accuracy as well as all baselines in economic performance, achieving an average copier return of 3% per meme coin investment under realistic market frictions. Overall, our results demonstrate the effectiveness of agent-based defenses and predictability of trader profitability in adversarial meme coin markets, providing a practical foundation for robust copy trading. CCS Concepts • Computing methodologies → Artificial intelligence; • Applied computing → Economics.
Ask about this paper
Your agent reads all of it.
Lune indexed this paper to the last equation, along with the top-tier papers that cite it. Ask a question and the answer quotes them.
Your agent calls
Luneget_paper_fulltext
Free to start. No credit card required.
Terminal
Install the CLIlune papers fulltext 12afb06e-0082-4b73-bf04-da6009e210b9Cited by top-tier papers1
Ask how each one uses itBuilds on12
- Chain-of-Thought Prompting Elicits Reasoning in Large Language ModelsJason Wei, Xuezhi Wang, Dale Schuurmans, Maarten Bosma et al.NeurIPS 2022 · 22,562 citations
- Chain of Hindsight aligns Language Models with FeedbackHao Liu, Carmelo Sferrazza, Pieter AbbeelICLR 2024 · 162 citations
- The Anatomy of a Cryptocurrency Pump-and-Dump SchemeJiahua Xu, Benjamin LivshitsUSENIX Security 2019 · 146 citations
- Large Language Models Must Be Taught to Know What They Don't KnowSanyam Kapoor, Nate Gruver, Manley Roberts, Katie Collins et al.NeurIPS 2024 · 124 citations
- Deliberate Reasoning in Language Models as Structure-Aware Planning with an Accurate World ModelSiheng Xiong, Ali Payani, Yuan Yang, Faramarz FekriACL 2025 · 25 citations
Related papers
- Read as You See: Guiding Unimodal LLMs for Low-Resource Explainable Harmful Meme DetectionFengjun Pan, Xiaobao Wu, Tho Quan, Anh Tuan LuuWWW 2026 · 2 citations
- AdamMeme: Adaptively Probe the Reasoning Capacity of Multimodal Large Language Models on HarmfulnessZixin Chen, Hongzhan Lin, Kaixin Li, Ziyang Luo et al.ACL 2025
- CryptoTrade: A Reflective LLM-based Agent to Guide Zero-shot Cryptocurrency TradingYuan Li, Bingqiao Luo, Qian Wang, Nuo Chen et al.EMNLP 2024 · 5 citations
- Critical-CoT: A Robust Defense Framework against Reasoning-Level Backdoor Attacks in Large Language ModelsVu Tuan Truong, Long Bao LeACL 2026
- Empowering Economic Simulation for Massively Multiplayer Online Games through Generative Agent-Based ModelingBihan Xu, Shiwei Zhao, Runze Wu, Zhenya Huang et al.KDD 2025 · 2 citations
