These people have access to private chats, insider info, specialized software, money, and connections. But hereâs the good news:
đ You donât need any of this if you master just one tool...
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đ How to Find and Track the Best Snipers đ
Right now, making profits from meme coins has become more challenging, especially with only 1.4% of tokens migrating to Radium. However, with the strategy below, you can still snipe them successfully.
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1ïžâŁ Why Are Fewer Tokens Graduating?
- đ Decline in Quality: The number of quality tokens graduating to Radium has dropped dramatically due to the oversaturation of the memecoin market.
- đ Community Backlash: The community has started to turn against projects that rely on pump-and-dump tactics, claiming theyâve "ruined" memecoins.
- đ Dune Analytics Data: Just two months ago, 10k tokens were released daily, and around 200 graduated to Radium. Now, 23k tokens are released daily, but only about 100 migrate to Radium.
Despite these challenges, advanced traders are still finding strategies to capitalize on the few high-quality tokens that do emerge. Hereâs how you can join them and potentially make $5k/week by copying the strategies of others:
2ïžâŁ Strategy
- đ DexScreener Feature: Recently, DexScreener introduced a new feature that allows you to see snipers who entered early. By tracking their moves, you can identify the best entry points and profit without having to develop your own strategy from scratch.
3ïžâŁ How to Do It
- đ„ïž Step 1: Head to Dexscreener.
- đ Step 2: Go to new pairs on Solana.
- âł Step 3: Filter by pair age (1h).
4ïžâŁ Analyze the Token
- đ± Social Activity: Check the social channels of the token for active engagement and any unique ideas the developer brings.
- đ Liquidity: Ensure the liquidity is locked and check the distribution of holders. If someone is holding a large chunk, itâs better to skip that token.
5ïžâŁ When to Enter
- đŻ Snipers Tab: To find the optimal entry point, go to the Snipers tab.
- đ Unrealized Profit: Sort by unrealized profit and pin the maker.
- đ Entry Strategy: Try to enter at the same price point as the sniper, within a ±15% range.
By following this strategy, youâll be able to track the best snipers and find the optimal entry points for new memecoins, maximizing your profit potential. Happy sniping! đŻđ°