98% Of Memecoins Are SCAMS
The Untold Truth About Memecoins: How I Turned 0.5 SOL Into 375 SOL in One Week 💰🚀
Let’s face it—98% of memecoins are scams. The odds of striking gold without a solid plan? Zero. Zilch. Nada. But what if I told you I’ve cracked the code? After years of trial and error, I turned 0.5 SOL into 375 SOL in just a week.
Here's the full breakdown of my strategy, struggles, and ultimate success. 🧵👇
Why Memecoins Are Still Booming 🐕💎
Despite the noise, memecoins are thriving. Think everyone’s already in? Wrong. The potential is still huge. Most traders aren’t even paying attention yet, leaving plenty of opportunities for savvy players like us.
However, before you dive in, you need to know about the pitfalls:
Cabal launchesRug pullsHeavily bundled launches
Statistics show 98% of "Pump Fun" coins don’t even make it to Raydium. So how do you break into the lucrative 2%?
The Winning Strategy 🔑
I’ve tested 100+ strategies over months to perfect this approach. Now, I can spot winning memecoins like #CHILLGUY, $QUANT, $CHAOS, and $PNUT early.
Follow this guide to boost your win rate up to 80%.
Step 1: Spot the Narrative 🔍
Misreading the narrative is the fastest way to lose money. Focus on coins that match the current meta.
Hot topics now? AI + TikTok 🔥
Step 2: DEX Research 🧪
Go to Dexscreener and filter out trash coins.
Sort tokens by volume.Identify the hottest trading pairs.
Step 3: On-Chain Metrics 📊
Head to gmgn.ai and analyze the token. Look for:
Top 10 Holders < 25%Involvement of KOLs, VCs, and smart investorsThe BlueChip index and snipers tab
Step 4: Master @bubblemaps 🌀
This tool visualizes token distribution and wallet clusters.
Go to BubbleMapsPaste the Contract Address (CA).Check for suspicious wallet activity.
Step 5: Token Safety Check 🛡️
Always scan the contract to avoid scams. Use RugCheck to ensure it’s marked "Good".
Step 6: Cultish Communities 🧑🤝🧑🔥
What sets a 100x token apart? A dedicated, meme-loving community. Check:
High engagement on social media.Backing by big influencers.Memes that are popular and easily shareable.
For deeper analysis, try Tweet Scout
Step 7: Insider Tracking 👀
Insiders have an edge—they know pumps before they happen. While hard to find, a good insider can give you a massive advantage.
Common Struggles (And How to Overcome Them) 💡
FOMO (Fear of Missing Out): Patience is key.Overanalyzing: Use the tools and trust the data.Cashing Out Too Early: Have a plan and stick to it.
Quick Reference Table 📝
MY Final Thoughts ✨
Turning a small investment into life-changing profits is possible, but only with a clear strategy and the right tools. Avoid the scams, focus on the data, and keep your eyes on the prize. Remember, the memecoin game is wild, but with this roadmap, you’re equipped to crush it.
Disclaimer: This is not financial advice. DYOR (Do Your Own Research) before investing in crypto markets.
For more insights, follow me on 👉 @Crypto PM
Let’s win together! 🚀
#BTCBreaks100K? #SOLHitsATH #MemeWatch2024 #cryptopm