The opportunities to make money these days are limitless; you just need to take advantage of them.
The era of meme coins is still booming, and the ways to profit are evolving with it.
What I want to show you today blew my mindâitâs so simple.
The @MeteoraAG DLMM Pools offer an opportunity to earn from both the asset's growth and the commissions.
DLMM Pools store liquidity within various price ranges.
Each price bin holds reserves for exchange at a specific price.
The main advantage is the low slippage, which makes it much easier to execute trades successfully.
Letâs start finding coins to profit from.
For this, we should use @dexscreener
Or analyze memecoins shared in the Meteora Discord.
You need to find a meme coin thatâs ideally in its early stages, with low risk of price drops, and good trading volumes.
After youâve chosen a coin, visit https://app.meteora.ag/dlmm and enter the contract in the search.
Next, analyze the pool metrics. I use the following criteria:
âą $45,000+ TVL
âą $800,000+ 24H Volume
âą Volume - 20%+ 24hr Fee/TVL
Ideally, you should be confident in the meme coin youâve chosen to avoid rug-pulling.
I also recommend steering clear of pools with 900%+ 24hr Fee/TVL.
Those pools lack liquidity, and you wonât make any profit.
Once you've found a pool, you should open a position, which will cost you 0.05 $SOL.
But this will be returned after closing the position.
I recommend everyone to start with the Spot strategy.
Spot-even distribution of liquidity across bins and the most classic strategy.
You can narrow the distribution range to 3-7 for a more concentrated spread.
Keeping it wide allows you to earn commissions across the entire price range.
In the best-case scenario, I recommend opening a position with a 50/50 ratio.
You can close your position when most of the range turns blue.
This indicates that the price has risen significantly, and you can sell your meme coins.
In the end, youâll have multiple sources of income, as long as youâve done your analysis correctly.
âą Commissions from transaction volumes in your pool
âą Profits from the growth of the meme coin
Right now, this is an incredible earning opportunity, and I wouldnât recommend missing out.
I hope my article was helpful, if so, please :
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