After years of trying, I finally figured it out.
I turned 1 SOL into 200 SOL in just one week!
Want to know how I did it? Here’s the step-by-step guide! 🧵👇
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❖➤ Trading memecoins is risky, like walking through a dangerous area full of hidden traps. There are scams and tricks to watch out for.
Want to make big profits? You need to closely examine both on-chain (blockchain data) and off-chain (external info) details.
Many people don’t do this and end up losing money. Don’t be one of them. Put in the effort, or you might get hurt financially.
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❖➤Memecoins are the big thing right now.
Forget about the altcoins backed by venture capital. Regular people are all about the memes, and the excitement is growing every moment.
This isn't just a fad. It seems like we're on the verge of a big market upswing driven by risk-takers, and it’s going to be something we’ve never experienced before.
❖➤ Many people spend a lot of time looking up information, but they still pick the wrong coins or sell too early on a big winner.
What's the solution?
Using both on-chain and off-chain analysis.
Those who know how to use these tools properly always succeed.
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❖➤ Identify the story
Not understanding the story is the fastest way to lose your money.
Pay attention to coins that fit what's popular right now.
What's trending? AI Agents, Pet Memecoin, thematic memecoin? Right now Christmas themed memecoins 🧑🎄
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❖➤ DEX Research
Now that you know the basics, let's look at DEX analysis.
• i use Dexscreener
• Use the filters shown in the picture below to eliminate unwanted coins.
• Sort the coins by volume to find the most active trading pairs.
❖➤ Explore the token's on-chain numbers:
What numbers should you look at?
- Ensure the top 10 holders own less than 25%.
- See how many key opinion leaders (KOLs), venture capitalists (VCs), and smart investors are involved.
- Check the snipers section.
- Look at the BlueChip index.
❖➤ Here's another tool you should learn to use: @bubblemaps.
It helps you see how tokens are distributed and find groups of related wallets.
• Go to bubblemapw
• Paste the (CA)
• Look at the distribution of holders and the clusters.
❖➤ Check if the token is safe.
Make sure to scan the contract before you buy to avoid scams, rug pulls, and honeypots.
After scanning, the contract should show as "Good."
I hope you've found this article helpful
Follow me for more & don’t forget to do your own research before everything else!