DexScreener is a powerful tool for filtering and analyzing the blockchain, making it the simplest way to discover hidden gems. However, only a select few know how to unlock its full potential—and that’s exactly what we’re going to explore.
✅ Before We Dive In:
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Setting Up Your Search
To get started, head to DexScreener and select the Solana network. Sort tokens by volume, and pay attention to key metrics when selecting a token.
Applying Advanced Filters
Here are the advanced filters you need to apply:
- Liquidity: $8,500+
- Market Cap: $200,000 - $1,000,000
- Max Pair Age: 72 hours
- Min 24H Buys: 50
- Min 24H Sells: 30
- Min 5-Minute Transactions: 10
Once these filters are applied, choose any token from the results.
Researching Your Pick
Once you pick a token, conduct thorough research. Follow these guidelines:
- Ensure liquidity is locked at 100%
- Verify 5-minute volume is greater than $10K
- Check holders and top traders (large wallet holdings could indicate a potential exit soon)
- Assess social media buzz and engagement
Setting Up the Watchlist
Save the tokens you’ve researched to your watchlist. Create separate lists for different categories of coins, dividing them by their potential. This feature is available even without a DexScreener account.
Tracking Multiple Chart
If you’re an experienced trader into technical analysis, this feature is a game-changer. You can track up to 16 charts at once, allowing you to monitor multiple tokens simultaneously.
Tracking Your Portfolio/Insider/Sniper
DexScreener supports tracking Solana and EVM wallets. Add your wallets to view your on-chain assets. The tool will automatically hide small balances, and you can manually exclude unwanted assets.
Setting Price Alerts
DexScreener has price change alerts, perfect for catching dips or taking profits. Set custom alerts and add notes to each one. Make sure to update or remove them when they’re no longer useful to avoid distractions.
Using a Sniper Bot
For those who are copy trading or want to be faster than the rest, using a sniper bot can be crucial. Start by funding your Solana wallet and choose your trade type; options like copy trading and auto purchases are available.