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Solana Memecoins

My Strategy for finding the next big 100x plays

Hey guys, I’ve been around in the memecoin game since 2020 and have managed to turn $500 into almost 6 figures since I’ve started. I’ve been involved in communities that rose from 200k marketcap to over 200 million and I want to share my experience and knowledge from observing to help you make it out on top in the difficult landscape that is memecoins.

The most important thing that i suggest is to always have a strategy in mind. You can always build your toolset, but when starting out find one route that stands out to you and study the ins and outs. For example: are you only investing in brand new coins? Do you know where to find new coins, filter by volume, avoid rugs/bundles, etc.

There are a multitude of ways to approach trading meme coins but I will share with you the strategy that has provided me with the most success and lower risk in this very volatile space.

Step 1: find coins around 24-48 hours old with active communities

Back when i first started in 2020 with memecoins on the binance smart chain, the #1 strategy that brought me success was getting in as early as possible. Unfortunately since then, scam devs and the memecoin landscape has changed dramatically to where employing this strategy is INSAENLY risky and violatile. Of course every successful coin starts from the bottom, but the odds that you will get burnt trading brand new coins is far too risky for the reward in my eyes in the current landscape.

Avoiding these early launches and sticking to coins that are atleast a day old(ish) will significantly improve your chances of avoiding these scams. The most widespread tool for finding coins and researching their communities is dexscreener. This website allows you to easily set filters and find all the new/hotest coins currently trending.

step 2.) Find a coin and study the community

Using websites such as dexscreener with appropriate filters will help you discover new coins and usually will have links tied to the coin such as: twitter, tiktok, reddit, etc. Go into these links and carefully study the community of the coin. Looks for things such as community sentiment (is everyone working to push the coin / is the entire chat in telegram whining about price). Sit back and just observe for a couple of minutes/hours and get a good feel for the team and community of the token.

My personal strategty is to find a coin 1-7 days old that is approximately 40-80% down from ATH. Keep in mind not every coin will survive this downswing, but if you can find a coin with these criteria that still maintains a hardworking team and community you are almost guaranteed to find massive success and profits.

step 3.) Have an entry and exit strategy

Once you have found a potential candidate that meets all of the above criteria you have to set definitive goals for when you want to buy and sell. Its very easy to let your emotions get the best of you when you see the price increasing/decreasing and a quick rate.

If you believe in the coin and community, you simply need to let the coin ride until you reach your desired outcome. There are countless times where i thought the money I had invested was done for and thought about selling, just to wait a couple of days and come out on top with a 3-5x. Believe in the project and put in some effort and don’t trade with your emotions.

There is an insane amount of money to be made from meme coins if you are willing to put in the time and research. Don’t chase quick pump and dumps and find a golden community that you are willing to stay with for the long haul.

With all of this said, I have done the research for you for what I believe to be a extremely solid play for the end of the year.

$BUTT : 9kAbgrVk6wxHxfiMCoVPY2KRQK1zo2sayf4pmX4rpump

Age: 18 hours old price: down 60% from ATH (perfect buying stage) holders: 1k great narrative and classic, recognizable meme that is has reach within the crypto space and also outside. (see r/buttcoin) AND MOST IMPORTANTLY: active community and team with a positive outlook on the future of the coin. I’ve been on the sidelines of this coin for a while or so now and can comfortably say the community and team behind this coin is 2nd to none.

If you have more questions about how to navigate the memecoin landscape and make some life changing money, feel free to ask me

submitted by /u/lilbirdravan
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