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Solana Memecoins
my strategy for memcoins trading

Hello everyone!

I want to share my strategy for trading memcoins on pumpfan.

I started trading a few months ago, but I found the Pumpfan website somewhat inconvenient, so I began creating my own tool to track new coins. Over time, this evolved into a website: pumpscreener dot online, which I now use to get information about new coins.

So my strategy: I target new coins that have just been created, literally seconds and minutes.

I look at new coins on my website, first I filter out what is clearly a scam:

  • coins whose creator has created many coins, but which have not reached KOTH and Ray. Also, 1-2 successful coins, with a large number of created coins, also do not mean much.

coins created of adress before

  • coins whose creator holds more than 5% of supply, or the market cap is large from the start (perhaps the coin was snipped). Although sometimes there are honest creators, but the risks are high. and of course there are cases when the supply is divided into several wallets, most often it is a scam. but then again, some creators prevent dumping in this way. I plan to add an analysis of top holders soon(time of wallet creation and their connections).

creator balance

  • a copy of a coin is a clear indicator. after a successful coin, they start copying it. but they also make copies right before the launch of something interesting.

there are also cases when the creator himself makes several coins in a row with the same image. perhaps this is a fight against snipers, or attracting attention … I have not researched this case yet.

https://preview.redd.it/o7zt8v5l52id1.jpg?width=995&format=pjpg&auto=webp&s=b05983729ff3df8bc1641583a19dcfa80822b448

  • coins without TG, Twitter and a website. I have not seen successful CTOs yet, but maybe they exist)
  • sometimes you can look at coins with a live stream (but more often it is a scam: creepy porn, or a person with a roulette. do not try to buy, hoping to sell before the dump)

the remaining coins can be researched. TG, voice chat, etc. will give you a lot of information.

If the creator had launches, see how he behaved.

Interesting coins can be pinned and tracked (maybe it is a long cooking).

pinned coins

At the beginning of trading, I was in the minus. Over time, I gained experience and came out on top. I made my main profit on just a few coins, I found good creators, their groups and their new launches. In general, I trade very little time a day, I am mainly busy developing the site)

That’s how it is. Leave comments, share your thoughts and strategies.

submitted by /u/batty4444
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