I have made hundreds of thousands of U on meme recently. Don’t be jealous or envious. Today I have compiled a tutorial on how to make money on meme, which includes logic, tools, screening, trading, skills, and mentality. Even a novice can quickly get started on the meme track.
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.
2️⃣Where can I find local dogs?
There are several common dog chains at present, such as Ethereum, Base, Solana, BSC, and Sui. These are all common dog aggregation chains.
3️⃣Chongtugou MEME Common term explanation
In this circle, you often hear some confusing terms. Here are some common terms:
1. Fomo
Fear of Missing Out refers to taking actions without considering the consequences due to the fear of missing out on an opportunity.
2. Pixiu
You can only buy but not sell. Once you buy, the amount will be reduced to zero. This situation is usually done intentionally by the project party and is a fraudulent act.
3. Clip
When a normal transaction is waiting to be packaged, the front-running robot completes the transaction before the investor by setting a higher gas fee. After the investor buys, it quickly sells to make a profit. The clamp is traded first, which will cause the investor to buy at a high price, allowing the clamp to earn the difference.
4. Golden Dog
High-quality local dog (MEME token) with large growth, high market value and potential.
5. GAS
The gas fee is the fee that needs to be paid for each transaction on the chain. The higher the gas value is set, the faster the transaction will be completed.
6. K
Represents thousand, 1K (Thousand)=1,000.
7. M
Represents million, 1M (Million)=1,000,000.
8. PVP
It refers to the mutual harvesting of a fixed group of people, describing a "run fast" game in the absence of new funds entering the market.
9. Honeypot
Similar to Pixiu, funds can only flow in but not out.
10. ATH
The abbreviation of All time high, meaning the highest price in history.
4️⃣Tugou project discovery tool:
Pepeboost: A TG robot designed by scientists with capabilities such as early project discovery.
OKX Meme Coin Hunter: A feature of the OKX Web3 wallet that tracks Meme coin chain data in real time and supports one-stop transactions.
Cryptohunt: A Web3 smart investment research platform that can discover the hottest and early-stage projects based on Twitter KOL followers.
Memego: It has functions such as on-chain monitoring and social monitoring, and can also view KOLs who have purchased the same Meme coin.
5️⃣ Track the smart money of playing with local dogs:
GMGN: The holdings of the front-row sniper addresses of Meme coins, including smart money, new wallets, KOL/VC holdings, insider trading and other data.
Debank: Supports multi-chain assets, whale wallet crypto portfolio tracking, etc.
Arkham: Provides detailed data of wallet addresses, such as transaction history, profit and loss statements, asset trend charts, asset composition ratios, etc.
Zapper: You can view the hot trends on the chain in real time, including project popularity, transactions, etc.
0xScope: A visual transaction tracking address tool that monitors the inflow and outflow of funds.
Bubblemaps: Visualize and analyze the number of tokens held by wallet addresses and the relationship between funds.
6️⃣Tugou professional data dashboard
Dex screener: a data aggregation platform focusing on DEX
Birdeye: Similar to Dex screener, multi-chain aggregator
DEXX: It combines the advantages of CEX and Bot, is suitable for mobile phone operation, and supports limit orders, pending orders, automatic doubling of capital, etc.
DEXTools: Track important data such as tokens and liquidity pools
http://t.cn/A6leZfXi: Real-time DEX data, price alerts, Smart Money, KOL, sniping, copy trading, etc.
Solscan: A blockchain browser for the Solana network that can query wallet addresses, token issuance, holder distribution, and transaction records
7️⃣Dog trading tools
Wallet (common wallet for Sol chain):
http://phantom.app
You can add sol chains: OKX, backpack, Trust wallet, TP
Meme Coin Launch Platform:
http://Pump.fun: Top launch platform, with multiple Meme coins showing amazing growth.
Moonshot: A feature introduced by DEX Screener that allows players to issue their own Meme coins.
Comprehensive trading platform:
Logearn: An AI-powered gold-catching tool that supports copy trading and has a high winning rate.
Alpha Token: Watch the market and identify the next 100x local dog.
Dbotx: A fully automatic trading robot that supports multiple chains, including copy trading, sniping, price limit, pre-sale, strategy, and monitoring.
Photon: The fastest trading platform on the Sol chain, supporting limit orders, security detection and other functions.
Nftsniper（Abot）：A one-stop platform that supports token trading, contract detection, KOL position monitoring, insider trading reminder, position income statistics and management.
TG Trading Robot:
Pepeboost、Fluxbot、Bonkbot、Maestro、Banana Gun、Trojan、Sol Trading Bot、BullX、PinkPunkBot
DEXJupiter、Raydium
8️⃣Dog safety tools
Token sniffer: supports 14 chains and can automatically detect and audit token risks.
Go Plus: Used to detect Pixiu coins, with functions such as token security scoring and contract security evaluation.
Scam Sniffer: Helps users detect and prevent phishing and malware attacks.
9️⃣Special reminder:
There are countless memes appearing every day, but surprisingly, 99% of them are just "runaway coins". Only the remaining 1% are high-quality projects that have the potential to bring 500-1000 times returns. So, how can you find these top memes like those experienced speculators?
1. Check if it is a “clean wallet”
Typically this means a wallet that was just created and had funds just transferred from an exchange. Always check the wallet of the token deployer for any suspicious activity.
2. Check who holds the token
If you see that almost all of the token supply is concentrated in the top 10 wallets, this is a major red flag. Ideally, no single wallet should hold more than 3% of the total supply.
3. Check the comments section of the token page
Many experienced traders will share valuable insights in the comments to help you avoid being scammed. Look for genuine feedback from older wallets with a solid trading history; these are usually good signs.
4. Watch for buy-in activity
Small, frequent purchases: Frequent small purchases can be a red flag.
Large and scarce buys: However, if the buys are scarce and exceed 1 SOL, it usually means safety.
Buyers react when prices fall: Also watch how buyers react when prices fall. If they buy quickly, this is a positive indicator.
5. Watch out for suspicious activity
Suspicious behavior can affect the credibility of a token. Monitoring these activities can help avoid traps. I use solscanofficial to view the transfer history, which provides deep insights into the holder's wallet, showing the amount held and transaction patterns, helping to identify unusual activity or known scammers.
6. Keep the risks in mind and do your own research
Now that you have the tools and knowledge to analyze memes, your chances of avoiding scams are higher. However, remember that risks still exist and you can still lose your investment. So always DYOR (do your own research) before committing your money! Stay smart and stay informed!
7. Be sure not to fall in love with the local dog coins you bought.
