How To Spot Meme Coins Like SHIB And PEPE Before They Go Viral
Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have proven to be one of the best ways for crypto investors to make massive returns on investments. But amid all of the scams and rugs that have dominated crypto and decentralized finance (DeFi), they can be hard to spot. In line with this, one crypto analyst has published a guide for how to find these diamonds in the rough very early before they go viral on social media.
Tools To Spot Meme Coins Like SHIB And PEPE Early
A crypto analyst and expert known as BlackbeardXBT on X (formerly Twitter) took to the platform to educate his over 123,000 followers on how they can easily meme coins like SHIB and PEPE that could do a 100x and get in early enough. For this, the analyst presents the price analysis platform Dexscreener.
This website allows users to see real-time data for new and old projects alike with things like price, contract information, etc. First, Blackbeard says users can choose whatever chain they wish to buy coins on. It could be Ethereum, BSC, Arbitrum, or any of the countless chains.
Next, Blackbeard presents the ‘New Pairs’ tab. Under this tab is where all of the new pairs of coins being created show up. So as soon as the pair is deployed, users can buy them in real time. But like with anything in crypto, it is not that easy, and more filtering needs to be done
The analyst advises users to avoid the trending coins as these can be easily manipulated. Rather, Blackbeard says the next thing to do is to click on the ‘Filter’ tab. Here is where users are able to completely filter coins by the attributes they want. These could include the amount of liquidity available, when the coin was deployed, volumes by a certain period, etc.
$SHIB $PEPE
