Memecoin trading = Easiest way to make first $1M.
All you need — THESE 3 components:
▸ Snipe coins using ⋯ bot
▸ Find 100x plays with ⋯
▸ Use the secret tool
🧵: Your step-by-step guide from $10 to $1M with memecoins (+ My Current Watchlist) 👇
All you need — THESE 3 components:
▸ Snipe coins using ⋯ bot
▸ Find 100x plays with ⋯
▸ Use the secret tool
🧵: Your step-by-step guide from $10 to $1M with memecoins (+ My Current Watchlist) 👇
Before we jump in, could I ask for a favor?
I've dedicated a ton of time to writing this thread and truly appreciate any interaction!
Please bookmark, reply, or hit that like button if you can 👆
I've dedicated a ton of time to writing this thread and truly appreciate any interaction!
Please bookmark, reply, or hit that like button if you can 👆
In just two weeks, memecoin trading volumes have skyrocketed.
More volume = More good coins = More opportunities to make money
But to seize these, you need a solid strategy, good tools, and some knowledge.
And that's what I'll give you in this thread 👇
More volume = More good coins = More opportunities to make money
But to seize these, you need a solid strategy, good tools, and some knowledge.
And that's what I'll give you in this thread 👇
1/ Learn to manage risks
Firstly, it's important to realize that no trader in the world has a 100% win rate in the long run.
Practice regularly watching the risks allocated to your positions.
This will help you keep from losing everything, even during a losing streak.
Firstly, it's important to realize that no trader in the world has a 100% win rate in the long run.
Practice regularly watching the risks allocated to your positions.
This will help you keep from losing everything, even during a losing streak.
2/ Set up clear goals
Before buying any memecoin, decide at what price/market cap you will sell your tokens.
It's also important to consider all possible exit or accumulation scenarios.
Before buying any memecoin, decide at what price/market cap you will sell your tokens.
It's also important to consider all possible exit or accumulation scenarios.
3/ Stick with the winners, ditch the losers
When hype surrounds a project, others try to replicate their concept.
Don’t waste your time on them ➜ Instead, redirect your focus to the ones leading the market.
When hype surrounds a project, others try to replicate their concept.
Don’t waste your time on them ➜ Instead, redirect your focus to the ones leading the market.
4/ Monitor the market sentiment
Memecoins are highly sensitive to $BTC global movements.
During $BTC dips, new memes can drop by 50-70% in just a few hours.
Master market analysis to strategically cut or accumulate positions before major market movements.
Memecoins are highly sensitive to $BTC global movements.
During $BTC dips, new memes can drop by 50-70% in just a few hours.
Master market analysis to strategically cut or accumulate positions before major market movements.
Once you understand the basics of trading memes, you can start analyzing and buying tokens.
A few clicks can make you a millionaire ➜ just spend a lot of time on DYOR.
Here are simple steps you should follow to find the next 100-1000x memecoin 👇
A few clicks can make you a millionaire ➜ just spend a lot of time on DYOR.
Here are simple steps you should follow to find the next 100-1000x memecoin 👇
Basic research can be done on @dexscreener or @DEXToolsApp by analyzing token metrics:
➢ Social media
➢ Community activity
➢ Trading volume
➢ Liquidity
This will help you to filter out 99.9% of shitcoins and identify potential gems.
➢ Social media
➢ Community activity
➢ Trading volume
➢ Liquidity
This will help you to filter out 99.9% of shitcoins and identify potential gems.
Check the token's community strength:
➢ Look at social media presence on Twitter, Telegram, and Discord
➢ Check if the token is trending on Dexscreener, CoinMarketCap, or CoinGecko
➢ Evaluate engagement on their posts
➢ Look at social media presence on Twitter, Telegram, and Discord
➢ Check if the token is trending on Dexscreener, CoinMarketCap, or CoinGecko
➢ Evaluate engagement on their posts
Narrow your focus to a select few coins:
➢ Go to dextools.io
➢ Click "Custom filters" below
➢ Set minimum values for Total liquidity, Volume, and Swaps
By filtering this way, you shield yourself from scams and cut through the noise.
➢ Go to dextools.io
➢ Click "Custom filters" below
➢ Set minimum values for Total liquidity, Volume, and Swaps
By filtering this way, you shield yourself from scams and cut through the noise.
Once you've picked a coin, it's time to analyze it.
Start here:
➢ Check if liquidity is locked
➢ Make sure 5-min volume is over $10k
➢ Look for an active social media presence
This DYOR is your first line of defense against potential rugs & scams.
Start here:
➢ Check if liquidity is locked
➢ Make sure 5-min volume is over $10k
➢ Look for an active social media presence
This DYOR is your first line of defense against potential rugs & scams.
Your next step should be to check the token's contract.
For this, go to rugcheck.xyz and paste the token contract.
"Good" mark will indicate that the contract is completely safe.
For this, go to rugcheck.xyz and paste the token contract.
"Good" mark will indicate that the contract is completely safe.
It's crucial to check the token's holders.
I rely on Solscan for this.
Top token holders shouldn't hold more than 20-30% of the token supply (exceptions are DEX contracts and CEX wallets).
I rely on Solscan for this.
Top token holders shouldn't hold more than 20-30% of the token supply (exceptions are DEX contracts and CEX wallets).
Check out my detailed guide on Solscan if you want to dive deeper into its features and master it for maximum alpha 👇
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My BonkBot Settings:
➢ Enable auto-buy
➢ Slippage: 30%
➢ Max Price Impact: 30%
➢ High TX priority
➢ Enable auto-buy
➢ Slippage: 30%
➢ Max Price Impact: 30%
➢ High TX priority
As I've promised, here's my memecoin watchlist:
➢ @nonplayablecoin | $NPC | $199M MC
➢ @michionsolana | $MICHI | $100M MC
➢ @ApusCoin | $APU | $180M MC
➢ @peipeicoinerc | $PEIPEI | $77.4M MC
➢ @unrevealedxyz | $MANEKI | $85.5M MC
➢ @magamemecoin | $MAGA | $636M MC
Note: Just because these tokens are on my watchlist doesn't mean you should immediately invest in all of them.
First, take the time to DYOR on each, plan a strategy, and then decide.
➢ @nonplayablecoin | $NPC | $199M MC
➢ @michionsolana | $MICHI | $100M MC
➢ @ApusCoin | $APU | $180M MC
➢ @peipeicoinerc | $PEIPEI | $77.4M MC
➢ @unrevealedxyz | $MANEKI | $85.5M MC
➢ @magamemecoin | $MAGA | $636M MC
Note: Just because these tokens are on my watchlist doesn't mean you should immediately invest in all of them.
First, take the time to DYOR on each, plan a strategy, and then decide.
That's a wrap for now!
If you don't want to miss my future threads, join my Telegram channel now:
t.me
If you don't want to miss my future threads, join my Telegram channel now:
t.me
I hope you've found this thread helpful.
Follow me @rektfencer for more.
Like/Repost the quote below if you can:
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Follow me @rektfencer for more.
Like/Repost the quote below if you can:
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