Each of you can make money from memecoins right now, but many just don’t get it.
To do this, you need clear instructions and trading strategies that degens use.
That’s why I decided to share one of them with you.
1/ First, you need to find whale wallets for copy trading.
We're going to need the @gmgnai website. That's where all the features we'll need are available.
Head to https://gmgn.ai/?ref=alphabatcher and sign up, for this you will need to connect your wallet.
Next, click on New Pairs and sort out unnecessary tokens.
2/ The first two columns are suitable for gambling, but there's a 90% chance you'll lose your money there.
So, you should focus on the third column and set up filters.
• At least 1 social
• Mkt Cap: $100k+
• Age: 30 min +
These filters will weed out most of the rug pulls, but you still need to be cautious.
3/ After sorting the tokens in descending order, let’s move on.
Pay attention to the distribution for DEV, insiders, and the blacklist. These should be green, except for “DEV sold.”
Check the snipers—have they exited the trade or not?
4/ Choose a potential token and analyze it in depth.
There are 2 useful tools to help you with this:
Head to @Rugcheckxyz website, paste CA and make sure the token is "Good"
Next, go to the @Bubblemaps website and track wallets interactions
5/ If everything looks good and there are no red flags, move on to checking whale activity.
Click on Traders and sort by Bought in descending order.
Check at least 5-7 wallets that bought the token and start tracking them after their entry point.
It’s crucial to consider how much profit these traders are already in—if it's 1000-5000%, they might be dumping the token soon.
6/ To stay updated on wallet activity, use a bot.
Use @RayBot_sol, paste the wallet address, and give it a name so you can keep track of it easily.
You’ll get notifications for all its transactions, which will help you decide whether to buy or sell.
However, I want to point out one very important thing.
Most memecoins are high-risk trades, so don’t invest more than 1-3% of your portfolio in any token.
Always keep your emotions in check and control them, or you’ll end up losing.
I hope my article was helpful, if so, please :
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