How to Discover Early Meme Projects

Ansem is a well-known overseas cryptocurrency trader. By paying attention to top traders and making good use of tools, he successfully seized 170 times SOL, 80 times BONK, and 520 times WIF opportunities, growing from an unknown crypto enthusiast to High-profile traders. He believes that the next hundredfold opportunity may be in the Bitcoin Rune Ecosystem
With the right investment strategy and belief, you could be the next person to make enough money on memes. Here are my 4 rules for success in memecoin trading.

1. Celebrity effect. The stimulation of MEME tokens by celebrity effect is often very obvious and direct.
The most obvious celebrity effect is DOGE, as well as SHIB, PEPE, and WIF. As a well-known figure in the world, Musk once posted a message on Twitter that was optimistic about DOGE, which focused the entire network's attention on DOGE, thus driving up the price of tokens. , its stimulating effect is very significant. In addition, SHIB, PEPE, and WIF belong to Musk's concept, and their growth rates are also amazing.

2. Follow the trend, whether it is innovative or easy to spread the topic
If the meme on Solana soars, find the idiot on the Sol chain
If the meme on Base soars, look for idiots on the Base chain
Innovation has the attribute of being easy to spread as a topic, which determines how many people the project can impress and how far it spreads. Don’t be attached to any specific public chain or project. We are here to make money. Go wherever you can make money. If you want to make money, you must follow the trends and trends.

3. Follow the “smart money” and use on-chain tools to analyze whale wallets. Tools like Dexscreener and Blockchain Explorer are your best partners in gathering necessary data points.
Open Dexscreener and look for memes that have skyrocketed recently
Check out the Top Traders section to find whales making 10-1000x their trade. Select 3-10 successful traders and verify if they are still trading other coins and their win rate on their trades. By doing this, you will be able to identify promising meme codes before anyone else

4. Predict price trends by tracking community participation and measuring market sentiment: Google Trends is one of the common ways to measure market interest in a certain topic, and Twitter sentiment indicators help measure the sentiment of market participants and can sometimes become leading indicators. .In addition, the number of MEME project coin holding addresses and the number of MEME project Twitter followers are also very important indicators. In addition, whether it is distributed to a wider group for free and fairly is also a very important indicator, because free and fair distribution often has higher market attention and popularity.

Risks and opportunities coexist in the currency circle. If you have not found a suitable team and leader, you may wish to contact Caishen through Caishen’s homepage. Free dry goods and benefits will be shared with you. Remember, opportunities are always reserved for those who are prepared.
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