In the world of cryptocurrency, a memecoin with a market value of only $1 million could make you financially independent. With an investment of 1 SOL or less, this opportunity is life-changing. Here is my memecoin investment strategy and how-to guide:
1. Seize the narrative and follow the flow
If you want to win in this cycle, you must pay attention to the market narrative because most of the funds are flowing into the memecoin of the SOL ecosystem.
- SOL is currently only 9.7% away from its all-time high, while memecoin is "printing money" for savvy traders.
- Even if you are not familiar with memecoin transactions, you can learn strategies and improve your winning rate by tracking the "brain wallet".
2. Tools for finding potential tokens
Use [GMGN](http://gmgn.ai), a great tool for discovering early memecoins and tracking money
One of the best tools for the package.
- The platform provides pre-installed wallets, allowing for secure transactions without having to use your own wallet.
- It is recommended to use 2-3 tools simultaneously to discover the most promising memecoins.
3. Discover narrative-driven opportunities
Identifying trending narratives is key to finding promising tokens. For example:
- $PNUT: Leading the memecoin narrative.
- $BARSIK: Inspired by Hasbulla’s cat, it soared from a market cap of $2 million to $460 million in just two days.
By following these narratives, you can catch promising memecoins early on.
4. Screening conditions and analysis
When looking for new projects, you can set the following filters:
- Market capitalization and liquidity: $15,000-50,000 USD
- Top 10 holders: View
- Trading volume: at least $1-5k
- Holder wallet analysis: Check whether it is an independent address to ensure that the tokens are evenly distributed and avoid "carpet pull" scams.
Using the visual analysis tools provided by [InsightX](https://insightx.network), you can intuitively view the holder distribution and evaluate its transaction history.
5. Tracking the Brain Wallet
The GMGN platform allows tracking of wallets with higher success rates, helping to discover more potential tokens.
- Focus: Wallets with a win rate of 50-80% are the most reliable.
- Be wary of anomalies. A winning rate of 100% may not be credible, so be careful to avoid it.
6. Keep practicing and keep improving
- The more trades you make, the more experience you gain: Every trade is an opportunity to improve your vision.
- Independent research is important: Do not trade blindly or copy trades, and try to avoid risky "degen" operations.
in conclusion:
The Memecoin super cycle is bringing unprecedented opportunities to investors, but the key to success lies in strategically choosing narratives, using the right tools, screening for potential tokens, and continuously researching the market.