How to Find and Research MemeCoins
Here’s a 5-step plan to find meme coins and add an edge.
1. Monitor Tokens That Are Gaining
Check out the top gainers on sites like DEXTools so you can gauge which memes are performing well from a price perspective.
2. Verify if the coin has a strong culture
Monitor social metrics on Lunar Crush
Determine if the coin is being talked about in social media: Twitter, Telegram, Discord, etc.
Is the coin trending on Twitter, Google, DexTools, or Coingecko
3. Research fundamentals
Who are the team members?
What are the token economics like? Is there a dilution/burn mechanism?
4. Figure out if you want to follow the faucet, or play the rotation game
New liquidity is first attracted to the faucet, then filtered into smaller tokens in that niche. When liquidity rotates within a specific sector, profits from smaller tokens usually flow back to the faucet
5. Follow the smart money
To find new meme coin opportunities, you can check what whales/other successful meme coin traders are buying. Here’s how:
Go to Etherscan and look at early buyers of successful meme coins, such as PEPE
Find “smart money” wallets on lookonchain
Track their wallets on DeBank to see what they’re buying
To learn more about the cryptocurrency world and get first-hand information, click on the avatar to follow Caishen, who publishes market analysis and recommends high-quality potential coins every day.