Recently, chasing after meme coins in the crypto space has become a popular activity. PUMP and third-party platforms are launching thousands of MEME tokens daily, and determining which coins have potential can be tricky. Here, I’ll share two practical tips that have helped me earn a few WUs.
First, Twitter is a great channel. You can follow some major KOLs (Key Opinion Leaders) and set up bell notifications. Once they launch a new MEME, you can quickly check it out and copy the contract to the search bar to see who posted the first contract. If the narrative looks good and the KOL is reputable, especially if it’s someone like S16, Mario, or other major figures, don’t hesitate—enter the market first.
Second, prepare 1000 and select five tokens for the day, investing 200 U per token, but they must be from the same day. Any tokens that exceed 5-10 times the investment should be disregarded. On DEX exchanges, you can set take-profit and stop-loss orders. Generally, I don’t set stop-loss orders anymore; I only set take-profit orders, usually at 5-10 times the profit. Previously, I had a broader approach, and many tokens increased by dozens or even hundreds of times, but in the end, nearly all of them crashed, and I didn’t sell. Therefore, setting take-profit orders is crucial. As long as one token gives us a five-fold return, we can break even and then withdraw to continue this cycle. The other four should be evaluated based on the current situation—make your own judgments!
———The above suggestions are for reference only!