but memecoin degens use only a few of them
I deleted all my useless tools when I found $WIF using them
Here's 7 memecoin tools that will find you 1000x plays 🧵👇
But before I start...
I've put a lot of effort and time into this research and share a lot of alpha totally FREE. If you don't mind, please like and reQuote and FOLLOW me -
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✜ Peak volumes in the meme coin market provide an opportunity for life-changing gains for everyone.
✜ Growth rates of 30,000% are quite common for any meme coin in the current market.
✜ You can easily find a 100x gem using helpful tools for this purpose.
✜ A frequent problem in the crypto community is that they cannot find gems at an early stage.
✜ As a result, all investments at the peaks lead to being REKT as others simply dump on them.
✜ However, few know the strategy to find gems early, where you can see all the gems like a scanner before everyone else.
✜ For a basic understanding of network hype and finding new tokens, I recommend three options:
• Tracking bots that parse new pairs
• Monitoring "Smart Hands" wallets
• Watching activity on DEX
✜ Choose the option that suits you best.
• Tracking bots that parse new pairs
✜ First, you need to follow all the new pairs that appear on the network.
✜ For this task, I personally use this bot -
✜ With it, you won’t miss a single new pair that appears on the blockchain.
• Monitoring "Smart Hands" wallets
✜ With little effort, you can find gems by tracking "smart hands" wallets.
✜ Insiders with a win rate of 65%+ and a PNL of $500,000+ clearly know more than you.
✜ To find such wallets, I use
#DexScreener and check the "Top Traders" section on popular coins.
✜ Verify wallets with high profits for their win rate through -
https://app.cielo.finance/feed
✜ The win rate should be no lower than 65%, and the PNL should reach $500,000+
✜ Track the wallet’s activities subsequently through this bot -
• Watching activity on DEX
✜ Tracking activities on
@Raydium is also quite effective.
✜ Most new meme coins are launched there, giving you the opportunity to track activity and find tokens.
✜ Set the filter to "Token Swap" and pay attention to what is traded most frequently - https://solscan.io/amm/raydium
✜ Once you find a promising token, the first thing to check is its contract.
✜ To avoid losing your investment, I recommend using RugCheck - https://rugcheck.xyz
✜ The contract should have a "Good" rating.
✜ The next step is to check the token holders through
#solscanofficial ✜ Top holders should not own a large portion of the supply, only DEXs are exceptions.
✜ Otherwise, you risk being used and losing part or all of your investment.
✜ It’s also very important to check the project’s social media to finally determine whether it’s a gem or not.
✜ Use Twiter_score
to check the influencers who follow the project, as they are likely to promote the token.
✜ Always pay attention to the quality of the audience, not just the quantity.
• Personal Case
✜ Recently, I earned $25,000 in a day using the tools and strategy described above.
✜ I received a notification from a wallet I was tracking about a purchase of the $MOTHER token.
✜ Since I knew this was an experienced memecoin trader, I started my own research.
✜ My basic research gave me the following:
• Smart contract is safe with a "Good" rating
• Top holders did not hold a large portion of the supply
• Token creator is an influencer with a large audience.
✜ Based on these parameters, I decided to invest $2,500
✜ Shortly after, there was a significant pump and shilling on Twitter.
✜ I closely monitored the events and followed my selling strategy, setting some take-profits at 10x
✜ As a result, I now have $2,500 turned into $26,000 and a small portion of tokens in a moon bag.
THAT'S IT FOR TODAY.
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