Today, about 99% of all new tokens on Solana are created on the Pumpfun platform. I won’t dive into the details; it’s not the most important thing right now. What matters is that ~Photon~ allows you to work with tokens from this platform and has its own tool — Memescope — that lets you use filters effectively to find those hidden gems. Photon also allows you to trade tokens from the Moonshot platform (created by Dexscreener), but personally, I don’t trade those atm.
So, we have three columns, each with its own set of filters covering all the necessary ranges for my strategy:
- Newly Created – Displays all new tokens created on the Pumphan platform. I use the following filter set:
- DEX = Pumpfun
- By Holders Count = 20+ (we need some activity)
- By Dev holding % = up to 5% (variable, this is my personal choice)
- By Snipers = up to 1 (filters out snipers)
- By Volume = 2,000+ (starting volume)
- By MKT Cap = up to 25,000
- By TXNS = 25+
- About to Graduate – Displays tokens close to migrating to Raydium. Filter set:
- DEX = Pumpfun
- By Holders Count = 50+
- By Dev holding % = up to 5%
- By Snipers = up to 1
- By Volume = 10,000+
- By MKT Cap = 25,000+
- Graduated – Displays tokens that have migrated to Raydium. I’m interested in tokens with:
- DEX = Pumpfun
- By Volume = 300,000+
- By MKT Cap = 30,000+
This setup will give you good tokens. Filtering is the first step. Of course, this is just part of the search algorithm. I won’t give all the details, but here’s the direction. Always pay attention to the following aspects:
- Meta
- Supply distribution
- Social media
- Community
- Influencers/Calls
- Developer wallets
Trading shitcoins is not easy, and there are many nuances. For those interested, this is enough basic information to generate questions. This isn’t a “how to get 100x now” notes. It’s food for thought for those who want to dive deeper into this niche, not blow their deposit in two clicks. Feel free to ask your questions.
Resource Links:~Trade with Photon~
submitted by /u/fluffyfit
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