You can find new meme coins early by using crypto market aggregators like CoinCodex. Then, you can analyze their on-chain activity through tools like Etherscan, DEXTools, DeBank, DexCheck, and Dune Analytics. Finally, it's usually a good idea to check social media platforms like X to evaluate the meme coin's community.
Even though crypto still hasn’t fully exited the bear market, the meme coin season is in full swing. We’ve seen dozens of new meme coin projects launch this year in hopes of becoming the next Pepecoin or Shiba Inu. Practically all popular memes now have a meme coin equivalent that’s looking to capitalize on the meme coin mania.
However, given the fast-paced developments in the meme space, it can be hard to capitalize on new trends. Most investors learn about new meme coins when they've already reached a critical mass of investors, and from that point on, it's difficult to see massive gains or any gains at all. When you find a new meme coin that you believe could be a good buy, it’s important to analyze it from multiple perspectives.
In this article, we’ll show you the tools you can use to identify new meme coins, analyze their on-chain activity, and evaluate their community. This approach will provide you with a lot of valuable information that will give you a better chance of picking winners.