① New pair hunting:
There are too many deploys per day here; sitting through each one is exhausting.
Most deploys quickly rug, with 95% not even reaching a $50k mcap.
To improve your chances of finding a successful launch, you need to:
➬ Verify the contract's security
➬ Ensure the coin aligns with typical SOL meme standards
There are too many deploys per day here; sitting through each one is exhausting.
Most deploys quickly rug, with 95% not even reaching a $50k mcap.
To improve your chances of finding a successful launch, you need to:
➬ Verify the contract's security
➬ Ensure the coin aligns with typical SOL meme standards
For spotting new pairs on Solana, I rely on the Dexscreener Telegram bot.
Check it out here: t.me
Check it out here: t.me
To verify if a token's contract is safe, you can use several tools.
But for me @solanasniffer is enough.
➬ Visit: solsniffer.com
➬ Paste the token's address
➬ Check for any contract vulnerabilities
But for me @solanasniffer is enough.
➬ Visit: solsniffer.com
➬ Paste the token's address
➬ Check for any contract vulnerabilities
@solanasniffer If you find a high-risk token (as I did in the video above), keep searching!
As mentioned, 95% of tokens are complete garbage.
As mentioned, 95% of tokens are complete garbage.
@solanasniffer ② Take a look at the holders section:
The easiest and most common method is to use our favorite, @solscanofficial.
Initially, the top 20 will typically hold the majority of the supply for new pairs because the coin was just released.
So it's usually fine.
The easiest and most common method is to use our favorite, @solscanofficial.
Initially, the top 20 will typically hold the majority of the supply for new pairs because the coin was just released.
So it's usually fine.
@solanasniffer @solscanofficial If an individual holds a significant amount, like 10%, it looks suspicious.
Could they be insiders?
When the dev holds over 15%, it's a red flag – proceed with caution.
Could they be insiders?
When the dev holds over 15%, it's a red flag – proceed with caution.
@solanasniffer @solscanofficial Quick note on how to spot an insider launch:
· High volume at launch (very high first candle, around $300k)
· Airdropped wallets (sometimes 20-30% of the total supply)
· Run to $1M-$3M, hit the ceiling, and then get sold off to $0
· High volume at launch (very high first candle, around $300k)
· Airdropped wallets (sometimes 20-30% of the total supply)
· Run to $1M-$3M, hit the ceiling, and then get sold off to $0
@solanasniffer @solscanofficial It's worth mentioning that as the token grows in market cap over time, a significant portion of the supply might be held by various decentralized and centralized exchanges.
And that’s completely acceptable.
And that’s completely acceptable.
@solanasniffer @solscanofficial There's actually a great bot available to monitor if dev/airdropped wallets are offloading tokens.
Check it out here: t.me
Check it out here: t.me
@solanasniffer @solscanofficial ③ How to identify what is worth your money and time:
What we've discussed above primarily shields you from potential scams or devs dump on you.
But what do you really want to look for when trading meme coins?
What we've discussed above primarily shields you from potential scams or devs dump on you.
But what do you really want to look for when trading meme coins?
@solanasniffer @solscanofficial In an ideal scenario:
• Opt for something secure
• Seek options with a market cap under $20k
• Look for a fun meme with great visuals and active socials
• Opt for something secure
• Seek options with a market cap under $20k
• Look for a fun meme with great visuals and active socials
@solanasniffer @solscanofficial Here's a piece of advice that many people overlook:
Join the official Telegram of a token and observe the team's behavior and the overall mood.
For a memecoin to thrive on Solana, the key ingredients are engaging graphics, creative memes, and a lively community atmosphere.
Join the official Telegram of a token and observe the team's behavior and the overall mood.
For a memecoin to thrive on Solana, the key ingredients are engaging graphics, creative memes, and a lively community atmosphere.
@solanasniffer @solscanofficial If you manage to find and buy a coin with seemingly well-done socials and a good meme in general under $10k-$20k market cap, you'll likely cash in a solid win.
But after how many hours of sitting and monitoring new deployments you will discover this – I don’t know.
But after how many hours of sitting and monitoring new deployments you will discover this – I don’t know.
To sum it up, the best advice I've ever received regarding meme coins is:
Look for interesting, viral, or famous memes that truly amuse you and grab your attention.
Make sure they are effectively managing socials.
When a meme goes viral and is widely admired, its growth can be limitless (take $WIF for example).
Look for interesting, viral, or famous memes that truly amuse you and grab your attention.
Make sure they are effectively managing socials.
When a meme goes viral and is widely admired, its growth can be limitless (take $WIF for example).
Just avoid jumping into the tokens with a $500k market cap first candle you see when opening the chart.
As mentioned, meme coins are like the Hunger Games, with many potential pump and dump schemes.
As mentioned, meme coins are like the Hunger Games, with many potential pump and dump schemes.
④ Knowing when to cash out:
Catching a meme token early is great, but you must be wary of holding too long.
I've seen many meme coins hitting $250-500k or even millions without a single dip, only to plummet to zero in a matter of minutes.
Catching a meme token early is great, but you must be wary of holding too long.
I've seen many meme coins hitting $250-500k or even millions without a single dip, only to plummet to zero in a matter of minutes.
Remember this:
Downtrends in new launches are extremely risky.
You could easily lose significant gains, like 5-10x returns or more, if you hold on, thinking you've found the next big thing.
Downtrends in new launches are extremely risky.
You could easily lose significant gains, like 5-10x returns or more, if you hold on, thinking you've found the next big thing.
⑤ Playing the patterns:
Armed with patience, some lines, and numbers, you can craft some impressive trades by leveraging common chart patterns, breakouts, and key levels.
It's ideal for someone with a small portfolio, as you can compound gains quickly here.
Armed with patience, some lines, and numbers, you can craft some impressive trades by leveraging common chart patterns, breakouts, and key levels.
It's ideal for someone with a small portfolio, as you can compound gains quickly here.
⑨ How to buy breakouts and key levels:
Focus on the "mooners of the day" coins if you want to quickly flip money.
Buying key levels (where the price consistently holds or bounces) will work most of the time if:
➬ The coin is the mooner of the day
➬ It is not too new (avoid 5-minute-old pairs; they're too random)
➬ It has a clean previous structure
Focus on the "mooners of the day" coins if you want to quickly flip money.
Buying key levels (where the price consistently holds or bounces) will work most of the time if:
➬ The coin is the mooner of the day
➬ It is not too new (avoid 5-minute-old pairs; they're too random)
➬ It has a clean previous structure
I'd suggest experimenting with the well-known memes using a modest investment to get comfortable and conquer the fear of market dips.
When you understand Solana memes price movements, you'll find that most charts exhibit similar patterns.
When you understand Solana memes price movements, you'll find that most charts exhibit similar patterns.
⑩ Master the art of selling near tops:
While nobody (except insiders maybe) can predict the exact top of a token, we can try to exit at potential local tops or derisk to avoid drawdowns.
One helpful tool for this is volume.
While nobody (except insiders maybe) can predict the exact top of a token, we can try to exit at potential local tops or derisk to avoid drawdowns.
One helpful tool for this is volume.
Since my account has grown a lot, I can’t share 100x gems in public anymore, so I decided to make my tg channel private.
But you still have a little time to join before I close it for good:
➬ t.me
But you still have a little time to join before I close it for good:
➬ t.me
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