After a deep dive over the weekend, I found the secret 🎇🕯️ It comes down to two on-chain tools, both of which are free
You use them daily but you're doing it wrong✅
The German government & Mt. Gox FUD are behind us, and the market is recovering.
#Solana memecoins like $WIF and $POPCAT are all flying again - $POPCAT is up 3x this week alone.
The two tools I’ll share are all you need to find the next $WIF & $POPCAT before 99% of the market.
@dexscreener is the first tool.
It supports 30+ chains and a million+ tokens.
To find the next gem:
⎆ Go to dexscreener.com.
⎆ Select a chain from the left-hand menu (e.g., SOL).
⎆ Use the filters at the top of the screen, especially "Gainers 24h" and "New Pairs 24h"
To narrow down to the hottest pairs:
⎆ Identify coins with good volume
⎆ Check growing Number of Holders
⎆ Assess TG & Twitter activity
⎆ Assess engagement level of kol shilling
⎆ Liquidity >50k & FDV > $200k
In-depth analysis
DexScreener offers extensive information about a token, including market cap, transactions, social links, top holders, and top traders.
You can copy a smart trader’s address from the top holders or top traders tabs and track them with our next tool...
Before we jump to that, let's explore more features:
⎆ Multicharts: View up to 16 charts simultaneously.
⎆ Whale Tracking: Go to "Portfolio" and paste the address.
⎆ Setting Alerts: Open the pair's chart and click the "Alerts" button on the lower-right side of the screen.
Now to our second tool, solscan.io
You can use Solscan to:
⎆Track wallets
⎆ Research new coins
⎆ Find smart contracts
⎆ Track DEXes
Most Solana meme coins are launched on Raydium, so we start there.
⎆ Visit: solscan.io/amm/raydium
⎆ Check the hottest pairs, focusing on launch dates, TVL, and 24-hour trading volume.
⎆ Analyze each coin to identify the trending memecoin metas & why they're trending.
Click on a coin to get an in-depth analysis, including:
⎆Top Holders
⎆Key metrics
⎆DEX trades
⎆Analytics
⎆Transactions
Also, before buying, always make sure that the top 10 wallets (excluding CEXs) hold no more than 30% of the total token supply.
To check this, go to the 'Analysis' section and scroll down to view the token distribution.
Next, find out who the early buyers were—these are often insiders and smart money investors.
To do this:
⎆Scan the Top 50 wallets by holdings
⎆See who bought early before the token pumped
⎆Analyze their other holdings
Example:
Whale 9 (DVMnHHwq9SNxj4Bhd8mim1AacXfPemu6WsK8ox7Vexhg) on $POPCAT with an $8.5M bag.
He is also a top holder in $WIF, $MYRO, & $WEN.
These are the smart money investors you want to keep an eye on.
Everything in this Article is my personal view and is not financial advice.
