More people holding the coin = more success for the coin
It is also possible for the owners to move the market cap of the currency to $100 million.
You can find and analyze them with one tool.
How to find 100x coins just by analyzing the coin owners
This performance is considered an instruction to get a profit from meme coins and hunt them
Much of the success of meme coins depends on
The most important is the analysis of carriers.
So today I'm going to teach you how to analyze it to do
First, you need to analyze the development of the token.
The founders of the currency must have a reasonable amount of money.
If token was just issued <5%, more than 5 days: <1%.
It is also not possible when the developer has very few.
➲ The second sign is the whales holding the coin.
➜As if there were a lot of them, they could get rid of the currency anytime they wanted.
➜ Just check which wallets have the highest percentage of other wallets.
➲ The top 10 should always be less than 25%.
➲ Also, besides searching for symbolic whales,
➜ Find wallets with large wallets that were entered using this token
➜ Because if they have more than $200k in their wallet, they will not engage in scams at all.
➲ The last and most important type of portfolio is the insider.
➜ There are two types of insiders present in projects.
1) Those who buy via inside information
2) Those distributed by developers for free.
I will explain what is good and what is bad about it.
1) People who buy these insiders receive information about the tokens in the early stages of their growth.
➜ They deposit a certain amount which provides a large volume to start with.
➜ Although they make a good profit, their presence is good for maintaining the currency.
2) People who got the currency for free
Also, developers want to profit from the currency.
But instead of sharing the profits with his team, they mostly distribute the tokens to them.
➲ It causes many serious problems.
Initially, it does not provide any volume for the currency, which may make it more difficult to grow.
➲ When the coin reaches a decent MC, these wallets are mostly sold, causing the price to drop with difficulty.
Try to avoid coins with these types of wallets.
To find and identify meme coins, we will need another service, as #SunPump lacks coin owner information.
➱ Go to #dexscreener
➱ Search for currency by indicator
➱ Go to the best traders
➱ Sort by unrealized profits which will show who holds the most symbols, loss and profit.
Finally, if you like the content, follow me and share the article with your loved ones.
Like the article
