meme methodology

Step 1: Discover potential new coins (chain sweep)

(1) Analyze the security of token contracts

Is it a Pixiu disk: Common tools will check the contract code to see if there are any transaction restrictions or locking mechanisms;

Is the contract open source: Open source contracts allow anyone to review the code, increase transparency, and prevent developers from opening backdoors;

Has the token authority been abandoned: The abandonment of contract authority means that the issuer can no longer increase the number of tokens at will;

Is there a locked pool: Locking the liquidity pool can prevent the issuer or large holders from suddenly withdrawing liquidity, causing a price crash;

(2) Analyze the chip structure

Token market value: Ideally, the liquidity pool should be above 100 SOL

Number of holders: Preferably above 1,000 addresses

Recent transaction status: More than 60 transactions in 1 minute, or more than 600 transactions in 5 minutes

Top 10 Holder holdings: The top ten holding addresses generally have 15%-25% of chips, which is healthy; 25%-35% is sub-healthy; and more than 35% is unhealthy.