Right now, one of the hottest trends is memecoins, and for good reason. Every day, traders are scoring big by getting into coins early. But knowing how to find the right coins and dodge rug pulls is key. Here's where @dexscreener comes inâitâs a go-to tool, but not everyone knows how to use it effectively for discovering gems.
Here are the top tips for finding those promising memecoins:
1. Choose Your Network:
Head over to Dexscreener and select the network you want to focus on. Personally, $SOL has been my favorite lately because itâs seeing the highest volumes. But don't limit yourselfâexplore other networks as well.
2. Check New Pairs:
Dive into the "Gainers & Losers" tab to get a feel for the current market trends (think cats, dogs, Bitcoin memes). Analyze the projectâs website, Twitter presence, and community. Also, keep an eye out for mentions from influencersâthese can be gold.
3. Refine Your Search:
Use filters to sift through the noise. I recommend starting with:
âą Mcap: $100-200k
âą Liquidity: $15-20k
âą Max pair age: 48 hours
This helps you focus on the coins that matter most.
4. Build Your Watchlist:
Once you spot a few potential memecoins, add them to your watchlist. Itâs way easier to track them in one place rather than jumping from tab to tab. As you analyze them, youâll probably drop some, leaving only the best ones.
5. Monitor Using Multicharts:
You can keep an eye on up to 16 charts at once with this feature. You probably wonât need that many, but with 4-5 coins on your radar, this tool is a game-changer.
6. Set Price Alerts:
Watching charts is great, but itâs easy to miss the perfect entry. Set price alerts at key levels so youâll know when to pull the trigger. Remember to stay calm, manage your emotions, and always assess the risks. The market can be unpredictable, so whether you win or lose, the key is learning from each experience.
I hope this guide helps you uncover some hidden gems! If you found this helpful:
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