Liquidity? Forget about it!
Dev teams? Not required!
Whitepaper? 🙅♂️
Forget about seed funding!
With @pumpdotfun, launching a new cryptocurrency token/memecoin is as easy as posting a tweet.
Everything you need to need to know in this thread 👇🧵
[INSTANT BOOKMARK & REPOST]
Dev teams? Not required!
Whitepaper? 🙅♂️
Forget about seed funding!
With @pumpdotfun, launching a new cryptocurrency token/memecoin is as easy as posting a tweet.
Everything you need to need to know in this thread 👇🧵
[INSTANT BOOKMARK & REPOST]
💎Thread Overview
1. What is PumpFun?
2. Why PumpFun?
3. How to navigate
4. What makes a good coin?
5. Tips when hunting for Gems
6. Strategies
1. What is PumpFun?
2. Why PumpFun?
3. How to navigate
4. What makes a good coin?
5. Tips when hunting for Gems
6. Strategies
💎 WHAT IS PUMPFUN?
@pumpdotfun allows users to create and launch new tokens without the need for seed liquidity.
It solves the problem of "liquidity" for devs and it also helps meme traders get in "early" into memes and make profits.
@pumpdotfun allows users to create and launch new tokens without the need for seed liquidity.
It solves the problem of "liquidity" for devs and it also helps meme traders get in "early" into memes and make profits.
For example,If you're a trader,think of it like a presale (an early sale of tokens before they are listed on exchanges), where you buy in early before the bonding curve (the model that determines the price of the token based on supply) gets filled and before it hits Raydium-a dex
However, a dev with a ticker, JPG and name can instantly launch a token, and you, without being in any KOL rooms (rooms for influencers or key opinion leaders) or whatever, can instantly buy and sell before it gets to Raydium.
Understood?
Understood?
This makes tracking the dev and team wallets much easier - there are no hidden wallets, no airdrops (free distribution of tokens), no farms (platforms to earn tokens).
➡️When a coin is bought or sold at least 0.002 SOL, the coin is moved to the top of the page
➡️At the top right corner - View profile: connect your wallet, this will bring out a basic profile list of all tokens you've bought, you've created, you hold, etc.
➡️At the top right corner - View profile: connect your wallet, this will bring out a basic profile list of all tokens you've bought, you've created, you hold, etc.
💎 To get started?
➡️Go to the site pump.fun
➡️Click the "buy/sell" or "snipe" button below the message to directly access the bot for trading.
Now I'll explain better with the arrows in colors.
➡️ Blue - Homebutton: Returns to @pumpdotfun homepage.
➡️Go to the site pump.fun
➡️Click the "buy/sell" or "snipe" button below the message to directly access the bot for trading.
Now I'll explain better with the arrows in colors.
➡️ Blue - Homebutton: Returns to @pumpdotfun homepage.
➡️ Red:will take you to view your View your profile and holdings after you must have connected your wallets
➡️Yellow-Market Cap:Shows real-time market capitalization based on trading activity
➡️ White-Buy/Sell:this is your buy or sell zone,toggle between each to either buy/sell
➡️Yellow-Market Cap:Shows real-time market capitalization based on trading activity
➡️ White-Buy/Sell:this is your buy or sell zone,toggle between each to either buy/sell
➡️ Purple - SOL Input : Set the SOL amount to buy/sell, you can also custom input an amount you like in the space box above e.g., type 0.1, etc.
➡️ Green underlined box shows developer, creation date, etc.
➡️ Green underlined box shows developer, creation date, etc.
➡️ Website - yes/no? -> Is it unique - yes/no? -> Is there effort and thought put into it - yes/no?
➡️ Twitter - must have a relevant profile picture and a banner, and also check out their Telegram community. Take note if the dev/team is not anonymous.
➡️ Twitter - must have a relevant profile picture and a banner, and also check out their Telegram community. Take note if the dev/team is not anonymous.
➡️ Note‼️
These criteria do not guarantee it will do well, BUT this increases your chances of stumbling upon a good project and greatly reduces the time spent going through garbage.
These criteria do not guarantee it will do well, BUT this increases your chances of stumbling upon a good project and greatly reduces the time spent going through garbage.
to the top) on PumpFun, and if you are looking for a more organized approach, then you can filter the type of coins you want to see through pumpmaster.fun
➡️ Next, don't sell for dust because there are very common CTOs
➡️ Next, don't sell for dust because there are very common CTOs
It's important to have a solid trading strategy and risk management plan when trading on PumpFun.
Some potential risks or pitfalls to watch out for include:
➡️ Rug pulls: Developers abandoning the project and running away with investors' funds.
Some potential risks or pitfalls to watch out for include:
➡️ Rug pulls: Developers abandoning the project and running away with investors' funds.
➡️ Pump and dump schemes: Coordinated efforts to artificially inflate the price before selling off, leaving buyers holding worthless tokens.
➡️ Lack of liquidity: Difficulty in buying or selling tokens due to low trading volume.
➡️ Lack of liquidity: Difficulty in buying or selling tokens due to low trading volume.
➡️ Regulatory uncertainties: Potential changes in laws or regulations governing cryptocurrencies.
Additionally, it's crucial to conduct thorough research, monitor the project's development, and engage with the community to stay informed.
Additionally, it's crucial to conduct thorough research, monitor the project's development, and engage with the community to stay informed.
While PumpFun provides opportunities for early entry into meme tokens, it's essential to approach it with caution and a well-defined risk management strategy‼️
@Moefire_ @izu_crypt @TheDeFISaint @zordcrypt @haleemisthename @_BillionAireSon @BillionAireDau @DefiPlayGirl @InfluencerDee @Ama_Crypt1 @berrycrypt @Joshyysmartt @De_sure_ @CryptoGirlNova @LaudTheAvatar @1CryptoMama @OxTochi @DeRonin_ If you enjoyed the thread,follow for more related contents🥰🧘♀️
But don't keep all this value to yourself!
Kindly like, comment and repost the first tweet to spread the word ⤵️
x.com
But don't keep all this value to yourself!
Kindly like, comment and repost the first tweet to spread the word ⤵️
x.com
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