Unlocking the $50K+ Monthly Potential with Memecoins
Hey CryptoPM Fam,
Most people are missing out on a massive opportunity, but if you know the tricks, making $50k or more each month is within reach. What if I told you that only 3% of traders have mastered this? Want to join them? Let me walk you through it.
Right now, memecoins are dominating the crypto space, and traders are cashing in by jumping on these coins early. But it’s not just about buying any memecoin; it’s about picking the right one and staying clear of scams.
The key tool you need?
@Dexscreener, a well-known platform that helps identify emerging coins. The real secret? Knowing how to use it effectively. Here's how:
Step 1: Select Your Network
The first thing you need to do is pick the network you want to explore.
• Head over to Dexscreener and choose your network.
• Personally, I like to focus on $SOL (Solana) because of its high trading volume.
• But don’t limit yourself! Explore other networks to widen your opportunities.
Step 2: Check the New Pairs Section
Once you’re in, go to the Gainers & Losers tab under New Pairs. This section offers a wealth of insights:
• It helps you spot current trends – whether it's the latest cat-themed, dog-themed, or Bitcoin-based memecoin.
• Do your homework. Look into the coin's website, Twitter activity, community engagement, and any influencers talking about it.
Step 3: Use Filters to Refine Your Search
To avoid sifting through unworthy projects, apply these filters:
• Market cap: $300-400k
• Liquidity: $50-100k
• Pair age: 72 hours or less
These settings will streamline your search and make it easier to find promising coins.
Step 4: Create a Watchlist
Once you've found a few potential memecoins, add them to your Watchlist. This makes it easier to track multiple coins without getting overwhelmed.
• Evaluating them collectively helps narrow down your list to only the top contenders.
Step 5: Monitor with Multicharts
To stay on top of things, use the Multicharts feature to monitor several coins at once. You can watch up to 16 charts, though 4-5 is a good starting point.
• Tracking the charts this way keeps you organized and makes the process a lot more fun!
And that’s it! By following these steps, you'll increase your chances of uncovering hidden gems and joining the ranks of those raking in $50k+ monthly profits.
That's it for today folks,
Thanks for reading! If you found this helpful, please use the tip button. For more insightful crypto content, follow me @Crypto PM .
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