You can earn $1,000–$2,000 daily trading memecoins with the right strategy and AI tools. Here's my step-by-step guide to becoming a successful trader 🧵👇
With memecoins, it's possible to earn millions monthly if you follow a solid strategy. Always prioritize safety before buying any token to avoid losing money. Consistently analyzing both your successes and failures is crucial for long-term success.
‼️ Step 1: Register a Trading Bot
Start by setting up a trading bot. Search for BonkBot and configure it for your needs.
‼️ Step 2: Find Trending Tokens
Discover new trending tokens using dexscreener. Navigate to the "New Pair" tab to monitor tokens from platforms like Raydium, PumpFun, and Moonshot. Focus on tokens that meet these criteria:
At least one social media link
Market Cap of $100k+
Volume of $50k+
‼️ Step 3: Conduct Quick Research
Analyze the token's key stats, including:
Top 10 holders’ supply
Developer’s sales activity
Presence of snipers or insiders
If the initial metrics look good, proceed to more detailed research.
‼️ Step 4: Perform Detailed Token Research
Before investing significant amounts, perform a thorough analysis. Use tools like @BubbleMaps and @Rugcheckxyz to review top holders' interactions and gather comprehensive token data.
‼️ Step 5: Save Top Traders’ Wallets
Top traders often hold the largest token shares and secure profits of 2000%–5000%. However, their sales can cause sharp price drops. Track the top 10 wallets with the highest PNL (profit and loss) for valuable insights.
By following this guide, you’ll maximize your potential for success in the memecoin market!