Sniping memes on $SOL is minting fortunes daily.
If you sniped $WIF at launch, you'd turn $100 into $100,000,000.
Ready to jump in?
Learn the art of sniping memecoins on Solana🧵⬇️
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+ WL raffle for the hottest memecoin!
To make the most of the valuable insights on trading memecoins efficiently, be sure to follow and bookmark this post.
Here's a glimpse of what you'll learn:
✓ BONUS: 10 WL raffle for @BorpaTokencom - $BORPA
➜ Understanding sniper bots
➜ Setting them up
➜ Identifying hidden gems ahead of the curve
➜ Implementing my copy-trading approach
➜ Avoiding scams
➤ @BorpaTokencom $BORPA is one of the hottest upcoming launches coming very soon.
I've got 10 WL spots up for grabs in a giveaway for you.
- Follow @wacy_time1 and @BorpaTokencom
- Like & RT this tweet and the first tweet of this thread
- Drop your SOL address + your favorite meme (image) in replies in the first tweet of this thread
✓ Results in 24 hours
➜ Each winner will receive a $200 allocation, potentially worth four digits after the launch.
◢ Now let's get back to the main thing - Sniping
Sniper bots are automated tools commonly used by degens to swiftly purchase tokens.
To get started, all you need to do is acquaint yourself with their operation. Here are a few examples:
- @bonkbot_io
- @SolTradingBot
- @BananaGunBot
Let's focus on @SolTradingBot today. It's user-friendly and free, enabling you to initiate trading promptly. I will teach you how.
◢ Setting up your sniper bot:
Navigate to settings and customize them to match your trading approach.
These settings have proven to be highly efficient:
- 200% slippage for buy/sell
- 100% Slippage Sniper
- $0.006 SOL Tip SOL buy/sell
- $0.025 Tip SOL Sniper
➤ Here's a tip for you: Start by using a new wallet to minimize any possible risks.
For quicker transactions, swap your $SOL for $WSOL.
You can effortlessly accomplish this by selecting the "Wallets" option in the bot.
Next, click the "Token Sniper" button and insert the CA of the desired coin to snipe.
Choose your preferred mode and SOL amount. Your order is then established, and the coin will be automatically purchased upon its launch.
If the Bot purchases coins, a window will appear allowing you to adjust your position. Decide how many tokens you intend to sell.
➜ Setting targets before entering a position is advisable. Remember to secure profits and keep some tokens aside in case they skyrocket.
◢ Let's delve into uncovering early gems for significant profits before others do. However, it's essential to keep in mind some fundamental guidelines:
➜ Instead of impulsively investing in all newly launched coins, take the time to identify true gems.
➜ Avoid concentrating 30%-50% on a single meme coin.
• Exercise caution against excessive investment – remember, scams are always a possibility.
The key to making huge gains on memecoins is arriving early. Here's my approach to locating Whale's wallets:
➜ Start by visiting dexscreener.com/solana
➜ Identify the token that is gaining popularity
➜ Examine the chart to determine the token's all-time high
➜ Copy the CA of the meme coin you've identified
◢ Once you've copied the contract address:
➜ Navigate to @birdeye_so
➜ Access the "Find Trades" section
➜ Input the CA and utilize time parameters to pinpoint its peak value
By following this method, you'll uncover big players who purchase at low points and sell at the peak.
To protect yourself from scams, consider using another sniper bot known as Photon @tradewithPhoton. This bot can help detect upcoming coins with LP timers.
The app offers risk assessment by highlighting:
➜ Unburned LP, indicating a potential rug pool.
➜ High ownership percentage by Top 10 holders.
➜ Disabled mint authority.
➜ Significant SOL amount in LP, a tactic used by groups launching memecoins with 100-150 SOL in LP and swiftly pulling out liquidity upon launch.
If none of these red flags are present, you may feel confident enough to make a purchase.
Here`s an alternative method for identifying rugs:
➜ Explore @Rugcheckxyz
➜ Input the CA of the meme coin
➜ Discover the outcome
Following these steps won't guarantee rug elimination, but it can reduce your financial losses.
➤ That's a wrap for today!
Utilize this guide to maximize your profits from trading memecoins, but remember, this field is risky. Always do your own research and hunt for real gems.
Because sniping even $10 can allow to turn it into $5,000-$30,000 instantly.
#BinanceLaunchpool #Memecoins #BTC
#InvestmentStrategies #SolanaMemeCoin
