MEME's bull run seems to be enduring
So, how to find Memecoins with the potential to skyrocket?
The following will share some strategies and methods to help you dig out possible "lottery tickets" in the MEME market.
Method 1: Use data analysis platforms such as Dexscreener to screen tokens that meet specific conditions
You can pay attention to the following key indicators:
Liquidity exceeds $100,000: High liquidity means that transactions are easier to execute and price volatility is relatively controllable.
Market value exceeds $10 million: A higher market value generally reflects the market's recognition of the token.
Six-hour trading volume exceeds $100,000: High trading volume indicates high market activity and high attention.
An upward trend in the last 6-24 hours: An upward trend in the short term may indicate positive market sentiment.
It should be noted that these criteria should be adjusted according to market conditions. As the market changes, these indicators may need to be raised or lowered.
Method 2: Pay attention to the movement of "smart money"
"Smart money" refers to investors or wallet addresses that continue to make profits in a specific field. You can get valuable market signals.
How to track: Use free tools such as DeBank and Etherscan, or paid platforms such as Nansen and ChainEdge to track the transaction records of high-yield wallets.
Analyze patterns: Observe the buying and selling behaviors of these wallets and look for commonalities. For example, when multiple "smart money" buy a token at the same time, it may indicate a wave of rising prices.
Independent thinking and risk assessment are still crucial.
Method 3: View tokens as monetizable cultural phenomena
Memecoin is often closely linked to specific cultural or social phenomena. By seizing these trends, you can lay out potential tokens in advance. Musk's movements, new Internet trends, major political events, etc. This strategy requires a keen insight into social culture. The risk of this type of investment is that the duration of the hot spot may be short, and you need to be cautious in grasping the timing of entry and exit.
Finally, follow platforms such as Twitter and Reddit to understand the market's discussion of the token, and observe which celebrities or KOLs are promoting the MEME, and evaluate the sentiment of KOLs and the overall market#Bitcoin#ETH
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