You don't need to be an expert trader to earn $1,000-2,000 a week. Anyone can profit from memecoins right now, though many miss the opportunity. To succeed, you need clear strategies and insights that experienced traders (or "degens") use. Here's one strategy I’m sharing with you:
1/ Start by identifying whale wallets for copy trading. You'll need the @gmgnai website, which offers all the tools you need. Sign up at https://gmgn.ai/?ref=alphabatcher and connect your wallet. Once logged in, click "New Pairs" and filter out unnecessary tokens.
2/ The first two columns are often too risky, with a 90% chance of losing money. Focus on the third column and set these filters: • At least 1 social signal • Market Cap: $100k+ • Age: 30 mins+
These filters help you avoid most rug pulls, but always proceed with caution.
3/ After sorting the tokens in descending order, check the distribution for DEV, insiders, and blacklist. Everything should be green, except for "DEV sold." Also, check the snipers to see if they've exited the trade yet.
4/ Once you’ve picked a potential token, analyze it further using these two tools:
Visit @Rugcheckxyz, paste the contract address (CA), and confirm if it’s “Good.”
Go to @Bubblemaps, and track wallet interactions.
5/ If everything checks out and there are no red flags, check whale activity. Click on "Traders" and sort by "Bought" in descending order. Review at least 5-7 wallets that purchased the token and track their entries. If they're already sitting on 1000-5000% profit, they might be preparing to dump the token.
6/ To stay updated on wallet activity, use a bot. Use @RayBot_sol, paste the wallet address, and assign it a name for easy tracking. This will notify you about all their transactions, helping you decide when to buy or sell.
However, here's an important note: Most memecoins are high-risk, so never invest more than 1-3% of your portfolio in any token. Always manage your emotions—losing control can lead to heavy losses.
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