1️⃣What is a native dog?
Tugou is also known as MEME token. The Tugou track continues to be hot for a simple reason: low threshold, strong wealth-creating effect, and many stories.
For example, the well-known shib, doge, PEPE, wif, etc., these tokens may have been just a joke, a meme, or even just a popular word, or a simple LOGO, a popular news, etc., which have no meaning in themselves. As the popularity rises, Fomo sentiment makes everyone rush to enter the market, the price is pushed up, and early users can often reap a lot of benefits. I remember that the Internet IP "Sad Frog" PEPE created a 200,000-fold increase in half a month.
2️⃣ Dog?
Currently, several common Dogecoin chains, such as Ethereum, Base, Solana, BSC, and Sui. These are common chains where Dogecoin congregates.
3️⃣ Common terms explanation for Dogecoin MEME
In this circle, you often hear some confusing terms. Here are some common term explanations:
1. Fomo
Fear of Missing Out, refers to the anxiety of missing an opportunity, leading to reckless actions.
2. Pixiu
Can only buy and not sell; once purchased, it goes to zero. This situation is usually intentional by the project team and constitutes fraudulent behavior.
3. Frontrunner
In a normal transaction waiting to be packed, frontrunning bots complete transactions ahead of investors by setting higher gas fees. After the investor buys, they quickly sell for profit. The frontrunner completes the transaction first, causing the investor to buy at a high price, earning the frontrunner the price difference.
4. Golden Dog
High-quality Dogecoin (MEME tokens), with significant price increases, high market value, and potential.
5. GAS
Fees paid for each transaction. The higher the set gas value, the faster the transaction completion.
6. K
Represents thousand, 1K (Thousand) = 1,000.
7. M
Represents million, 1M (Million) = 1,000,000.
8. PVP
Refers to the mutual harvesting of a fixed crowd, describing a 'run fast' game in the absence of new funds entering.
9. Honey pot
Like Pixiu, funds can only go in and not out.
10. ATH
Abbreviation for All time high, meaning the highest price in history.
Current tools:
Pepeboost: A TG bot designed by scientists, featuring early project discovery and more.
OKX Meme coin hunter: A feature of the OKX Web3 wallet that can track Meme coin chain data in real time, supporting one-stop trading.
Cryptohunt: A Web3 intelligent investment research platform that can discover the hottest projects and early-stage projects based on Twitter KOLs.
Memego: Features on-chain monitoring, social monitoring, and allows viewing of KOLs buying the same Meme coins.
5️⃣ Track smart money playing Dogecoin
The position of frontrunning addresses for the coin, including smart money, new wallets, KOL/VC positions, wash trading data, etc.
Debank: Supports multi-chain assets, whale wallet encrypted investment portfolio tracking, etc.
Arkham: Provides detailed data on wallet addresses, such as transaction history, profit and loss statements, asset trend charts, and asset composition ratios.
Zapper: Real-time viewing of hot trends on the chain, including project popularity, trades, and more.
0xScope: A visualization tool for tracking trading addresses to monitor the flow of funds in and out.
Bubblemaps: Visual analysis of wallet addresses holding token quantities and funding relationships.
6️⃣ Dogecoin professional data dashboard
: A platform focusing on DEX data aggregation
Birdeye: Similar to Dex screener, a multi-chain aggregator
DEXX: Combines the advantages of CEX and bots, suitable for mobile operations, supporting limit orders, hanging orders, and automatic doubling out of capital.
DEXTools: Tracks important data like token and liquidity pool data.
ave.ai: Real-time DEX data, price alerts, Smart Money, KOL, sniping, following orders, etc.
Solscan: A blockchain explorer for the Solana network, allowing queries of wallet addresses, token issuance, holder distributions, transaction records.
7️⃣ Dogecoin trading tools
phantom.app
Can add Sol chain: OKX, backpack, Trust wallet, TP
Meme coin launch platform:
Pump.fun: Top launch platform, featuring multiple Meme coins with astonishing price increases.
Moonshot: A feature launched by DEX Screener, allowing players to issue their own Meme coins.
Comprehensive trading platform:
Logearn: An AI tool for following orders, with a high win rate.
Alpha Token: Monitoring mode to identify the next 100x Dogecoin.
Dbotx: Fully automated trading bot, supports multi-chain, includes follow orders, sniping, limit orders, pre-sales, strategies, and monitoring.
Photon: The fastest trading platform on the Sol chain, supporting limit orders, security checks, and other features.
Nftsniper (Abot): A one-stop platform supporting token trading, contract detection, KOL position monitoring, wash trading alerts, position income statistics, and management.
TG trading bot:
bot, Bonkbot, Maestro, Banana Gun, Trojan, Sol Trading Bot, BullX, PinkPunkBot
DEXJupiter, Raydium
8️⃣ Dogecoin security tools
Token sniffer: Supports 14 chains, can automatically detect and audit token risks.
Go Plus: Used to detect Pixiu coins, with token security scoring, contract security assessments, and more.
Scam Sniffer: Helps users detect and prevent phishing and malware attacks.
9️⃣ Special reminder:
Every day, countless memes appear, but astonishingly, 99% are just 'rug pull coins.' Only the remaining 1% are quality projects that could yield 500 - 1000 times returns. So, how do you find these top Memes like seasoned speculators?
1. Check if it is a 'clean wallet'
Usually means a newly created wallet that has just transferred funds from an exchange. Always check if the token deployer's wallet has suspicious activities.
2. Check who holds this token
If you find that nearly all token supply is concentrated in the top 10 wallets, this is a significant danger signal. Ideally, no wallet should hold more than 3% of the total supply.
3. Check the comment section on the token page
Many experienced traders share valuable insights in the comments to help you avoid being fooled. Look for genuine feedback from old wallets with stable trading histories; these are usually good signs.
4. Focus on buying activities
Small frequent purchases: Frequent small purchases may indicate a small buying quantity exceeding 1 SOL, usually meaning safety.
Buyer's response when prices drop: Also observe how buyers react when prices drop. If they buy quickly, it is a positive indicator.
5. Be aware of suspicious activities
Suspicious behavior can affect the credibility of a token. Monitoring these activities helps avoid traps. I use @solscanofficial to check transfer history, which provides in-depth insights about holders' wallets, showing holding quantities and trading patterns, helping identify abnormal activities or known scammers.
6. Remember the risks and do your own research (DYOR)
Now that you have mastered the tools and knowledge to analyze Memes, the chances of avoiding 'rug pull coins' have increased. However, remember that risks still exist, and you may still lose your investment. So be sure to DYOR (do your own research) before investing! Stay smart and informed!
7. Always remember not to get attached to the Dogecoin you bought.
