Original author: Xremlin

Original compilation: Deep Chao TechFlow

During this time, many meme traders made huge fortunes.

$100 purchased 7 days after $WIF was released, now worth $1,800,000. $100 purchased 5 days after $BODEN was released, now $1,500,000.

With the right investment strategy and belief, you could be the next person to make enough money on memes.

Here are my 5 rules for success in memecoin trading.

follow the trend

If the meme on Solana skyrockets, trade on Solana.

If a meme on Base spikes, trade on Base.

Don’t be attached to any specific public chain or project, we are here to make money.

Go wherever you can make money. If you want to make money, you must follow the trends and trends.

Follow the “smart money”

OpenDexscreenerAnd look for memes that have skyrocketed recently.

Check out the Top Traders section to find a whale who made 10-1000x their trade.

Before, I chose a$MEWTrader who turned $9,809 into $745,000 in just a few days.

Interestingly, he still holds $750,000 worth of MEW.

Create your robo list, select 3-10 successful traders using the method above, and verify if they are still trading other coins and their win rate on their trades.

By doing this, youll be able to identify promising meme tokens before anyone else does.

Analyze whale wallets using on-chain tools

For EVM chains, useArkham、Zerionthese two tools.

For Solana, useSolanaFM、Step Finance these two tools.

If you come across a wallet that earns 200-1000x returns with a small investment, then he is probably a sniper.

Use dexscreener to compile a list of successful snipers and track their strategies, trying to find items early and snipe them on launch.

There are many types of robots on the market:

For ETH, BASE, BLAST, useBanana Gun 、Unibot。

For Solana, tryBONKbot、SolTradingBot。

three messages

• Trend alignment: Match the current chain and token narrative, such as catcoin and dogcoin;

• Strong TG and Twitter communities;

• High profile in the cryptocurrency space.

If you are trading early-stage coins, the latter two criteria may not apply at this stage.

For early coins:

• useTweetScoutDetermine if influential figures have shown interest;

• Seelunarcrashto learn more about their social presence.

When should you sell?

We don’t want to be the last ones to hold onto a meme.

Sell ​​gradually when prices reach all-time highs and sell whenever major news comes out that causes values ​​to surge.

Of course, don’t sell everything to avoid overselling.

The chart below is a common pattern of meme price action in the early stages.

Remember, memes are high-risk investments; when someone wins, someone else loses.

So only invest what you can afford to lose.

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