50 times a day? How to play Meme coins

Source: Biteye

Recently, the Solana meme pre-sale craze has reappeared that "value research is in vain, stud meme lives in the palace". So, how to seize the fast-growing meme coins that can generate 10,000-fold returns?

In this article, Biteye compiled the "Collection of Tools for Playing with Solana Meme Coins". Whether you can hit the next 10,000-fold coin depends on luck!

(Risk reminder: Only a tool carrier, not a target recommendation, meme The currency fluctuates greatly, please participate with caution)

01 MarketReview

As the market pulls back, a small number of people in the market are still partying.

The hottest thing yesterday was $SLERF - another meme coin that dropped from the Sonala chain. The founder mistakenly revoked the minting rights and destroyed the airdrop tokens, which caused a market pull. The market value exceeded 100 million within 30 minutes, and it was jokingly called "the greatest trader".

A few days ago, the sacred disk $BOME was enough to attract public attention. It was launched 20 times in three hours, 50 times in a single day, and finally listed on Binance. $SLERF even broke $BOME’s 9-hour market value record of over 100 million, and was quickly launched on Bitget, htx, gate... Today (March 19) $SLERF’s market value reached US$645 million, surpassing $BOME and becoming the seventh largest meme currency.

Although it is a bit unbelievable, this is the market choice. Whether you bet or not is another matter. First follow the trend and know how to use the tools.

02 How toFind a project

Tools for project discovery: speed and accuracy are king

1. The new pool channel of Telegram robot is about information gap, making it easy to query, filter projects and make decisions within a few minutes , such as

@PepeBoost888

2. OKX meme hunter , you can track smart money and exchange it directly in the pool

3. Market website, It can also help find new pool projects. Setting filter conditions is key. Usually the setting time is within 1 hour and the pool is within 20k. For example, DexScreener, DEXTools, Birdeye, etc., find newly launched popular meme currency trading pairs through screening or Trending lists, and observe popular but low market value tokens.

4. Join the Alpha community to get the latest information. For example, the biteye community can discover various meme coins very early. (Please note how to join the group at the bottom of the tweet)

03 How to trade

Tools for trading tokens: three seconds to upload, the faster the better

1. Before trading, prepare a wallet that supports Solana chain, such as sol wallet phantom.app. Or OKX, Trust wallet, TP wallet, etc. that can add sol chain

2. Use Telegram robots, such as @PepeBoost888, @Fluxbeam_bot, @bonkbot_io, etc. Please enter through the official page, otherwise assets will be stolen risk.

2. Trade directly on DEX, such as @JupiterExchange, @RaydiumProtocol

Trading TIPs

1. Before trading, please be sure to copy and paste the correct token contract

2. The maximum slippage of using bot is usually 20%. It is fast to buy, but easy to hang up. at the hilltop. The slippage is low, and it is easy to be unable to buy if there are many people. Note that no matter how low the slippage is, it must be >5%, otherwise it is easy to fail. You can weigh the rest by yourself.

3. When encountering hot market conditions, the Telegram robot will be congested. It is recommended to switch trading tools in time, otherwise the tokens will fluctuate greatly and you will miss the buying point.

4. At present, sol meme coins are mainly used to open pools in ray, and bots are mainly used to trade projects in ray pools. If the project party opens a pool in Orca, the bot cannot be used.

5. The Solana meme currency fluctuates greatly. It is extremely easy to rise and fall sharply, and it is common for it to return to zero. Newbies are advised to buy less than 1 sol in a single transaction.

04 How to read the line strong>

Commonly used market tracking tools include: DexScreener, DEXTools, Birdeye

Copy and paste the contract address to view the real-time trend of the token

05 Summary

Because the sol meme currency fluctuates too much and the financial sentiment is greater than the value, it is necessary to screen again after the project is discovered, and the transaction also tests the right stop surplus. This process has requirements for familiarity with project safety, induction routines, public FOMO emotions, community popularity, position management, etc. Please do your research, DYOR!