During this time, meme traders have really benefited a lot and made a lot of money.
Take that WIF for example. I spent US$100 when I bought it, but after just 7 days, it actually increased to US$1,800,000! There is also BODEN. When I bought it, I only paid $100. When I saw it five days later, hey, it turned into $1,500,000!
So, as long as you have the right investment strategy and a firm belief, you may be the next lucky person to make a lot of money on memes.
Next, I will share with you 5 "broken" rules that I have learned through hard work in memecoin trading.
First, follow the trend.
If the meme on Solana becomes popular, you will trade on Solana; if the meme on Base becomes popular, you will trade on Base. Don't stick to any public chain or project. We are here just to make money. We will go wherever we can make money. There is nothing wrong with following the trend.
Second, follow the “smart money”.
Open Dexscreener to see which memes have risen rapidly recently, and then take a look at the whales in "Top Traders" who have made 10-1000 times. I once followed a $MEW trader who turned $9,809 into $745,000 in a few days, and he still holds MEW worth $750,000.
You can do the same thing, pick a few successful traders, check what tokens they are still trading, and what their winning rate is, so that you can discover potential meme tokens in advance.
Third, use on-chain tools to check the whale’s wallet.
For EVM chains, use Arkham and Zerion; for Solana, use SolanaFM and Step Finance. If you encounter a wallet that requires little investment but offers high returns, it is likely to be a sniper. Make a list of them, learn their strategies, and try to find projects as soon as possible and snipe them as soon as they are launched.
Fourth, there are so many robots on the market, pick a few that are useful.
For ETH, BASE, and BLAST, Banana Gun and Unibot are good; for Solana, try BONKbot and SolTradingBot. In addition, you must pay attention to three pieces of information: the trend must be aligned and consistent with the current chain and token narrative; the TG and Twitter communities must be strong; and you must be famous in the cryptocurrency field. Of course, if you are trading early-stage tokens, the latter two criteria may not apply.
Fifth, when should you sell?
We don’t want to be the last fool with a meme. As soon as the price reaches an all-time high, you have to start selling slowly; as soon as there is any big news that causes the value to surge, you have to sell quickly. Of course, don’t sell everything, lest you regret it. The picture below is a common pattern of early meme price behavior, you can refer to it.
Finally, don’t forget that meme is a high-risk investment. Some people make money while others lose money. So, only invest what you can afford to lose, and don't push yourself to a dead end.
The 100x coin project wif that was laid out in the early stage has already earned 1000%. The account is ready. Tomorrow, the next 100x coin is being prepared.
