By trading memecoins, I flipped 1 SOL into 87 SOL in just a week
Plenty of memecoin traders are raking in the dough right now, setting themselves up for a better life with just a few tools.
But a lot of folks don't wanna hear it or just let it go in one ear and out the other.
I'm telling ya, the next 6 to 10 months are gonna be the best yet, set to make just about everyone loaded.
Hey, so @dexscreener is this unique platform that lets traders analyze just about anything out there.
On top of that, you can track down smart traders and dive into their on-chain data and moves.
But a lot of people totally overlook this stuff and only use it to scout for new trades.
1/ At the moment, it's very important to be ahead of other traders and find 100x gems.
Dexscreener is the ideal tool for this, you can use only filters for search, but first you need to identify the narrative.
Go to the "New Pairs" section and click on the last 3 days, check which tokens have been pumped recently and what their narrative was.
2/ Once you get a rough idea of the current narrative, you can find a few smart traders.
The point here is for them to help you make trade decisionsโnot exactly copy trading, but specifically assistance with decision-making.
Find any successful token from the past month and go to the Top Traders tab.
Pick a few and analyze their wallets. Then add them to your watchlist for tracking.
Now we're getting to the most exciting part of this threadโthe filters.
To find the most promising gems, you've gotta apply the right filters.
There can be a ton of variations, but I'll give you just a few that'll help you hunt down those hidden gems.
3/ If you can swing trading low-liquidity tokens, then these filters are gonna be just the thing for you.
โ Micro-caps
โข Liquidity: $10,000
โข Min FDV: $100,000
โข Pair age: 0-48 hours
โข 1H txns: 50 transactions.
โ Degen
โข Liquidity: $15,000
โข Min FDV: $100,000
โข Pair age: 1-72 hours
โข 1H txns: 150 transactions.
4/ โ Mid-caps
โข Liquidity: $100,000
โข Min FDV: $1M
โข 24H volume: $1.5M
โข 24H txns: 150 transactions.
5/ โ Old Mid-caps
โข Liquidity: $100,000
โข FDV: $200,000-$100M
โข 24H volume: $200,000
โข 24H txns: 2,000 transactions
โข Pair age: 720-2800 hours
6/ And of course, once you spot a promising token, don't forget to do your homework.
Use @Rugcheckxyz for Solana or @CoinScanDeFi for EVM to make sure everything checks out.
Make sure the smart contract is legit and the coin's actually worth buying.
Give Bubblemaps a look to ensure a big chunk of the supply isn't all sitting in one wallet.
I hope my article was helpful, if so, please :
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