Recently, the traffic on the chain has exploded, the trading of mascot concept coins has skyrocketed by 60,000%, and the DeSci narrative has emerged. Meme coins have become the biggest dark horse in this round of bull market! The operation on the chain is relatively difficult. In this tutorial, Biteye will teach novices how to get started and use GMGN to play Meme coins! There will be advanced chapters later, welcome to follow. This article will focus on new listings, mainly teaching everyone how to find, analyze and trade newly launched Meme coins.

1. Quick literacy for beginners

What is GMGN? A website that combines Meme coin data dashboard + trading tools.
What are on-chain transactions? Activities and transactions conducted directly on the blockchain, without relying on centralized exchanges such as Binance and OKX.
Which wallet to use? Phantom, OKX and other mainstream wallets. You can search for installation and usage tutorials on Youtube, which will not be expanded here.
What is the token address (CA)? Paste a string of letters like "GJtJuWD9q*****wMBmtY1tpapV1sKfB2zUv9Q4aqpump" in the GMGN search box to find the token.


2. Discovery of new projects

Pay attention to smart money: track the wallet addresses of users who have obtained higher returns on the chain and observe the investment objects they choose.
Scan and follow: Follow a large number of Chinese and English KOL accounts related to Meme coins on Twitter, and join various discussion groups to get the latest information and developments.


Token Analysis

Hotspots: Many of these tokens are small-cap tokens that have become popular quickly due to specific events or trends in a short period of time.
Narrative type: This type of target often does not rely on short-term hot spots to rise, but gradually grows from small market capitalization to large market capitalization around a certain narrative or community.


4. How to trade

Left column interface: Collection and holding list quickly understand the price and profit changes of your collection and holding tokens.
Middle main interface: A lot of relevant information about the token is covered below the K-line.
Trading interface on the right: View indicators such as token transaction volume, buy, sell, net buy, liquidity, minting data, blacklist, etc.


V. Risk Warning
Hundreds of Meme coins appear on the chain every day, and most of them will return to zero. The probability of running out of the Golden Dog (market value of more than 100 million/100 million) is extremely low, not to mention being listed on a large exchange. In short, the higher the return, the higher the risk, please be responsible for yourself!