9-year-olds are becoming millionaires trading memecoins in 2024.

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30 Apr 2024

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19-year-olds are becoming millionaires trading #memecoins in 2024. It’s the easiest way to become rich in crypto. I spent the weekend working on this COMPREHENSIVE MEMECOIN STRATEGY to help you find #1000x plays early. Let’s dive in (Plus top meme callers)
I’ve said it time after time, and I’ll say it again: Retail investors are returning to crypto They’re not interested in complex narratives — they want simplicity and quick gains That’s where memecoins come in.
What we’ll be covering today:
⎆ How to spot and evaluate solid meme coins
⎆ How to find good meme callers
⎆ Buying meme coins
⎆ When & how to take profits
⎆ Tools to avoid getting rugged Let’s get stuck in!
⎆ Memecoin investing, in a nutshell With the halving now behind us, #BTC
is gearing up for a major bull run. And when it starts pumping, volume will start flowing into other chains as well You need to position yourself in chains that have shown potential, like #SOL & #BASE
Find some good meme coins and start accumulating right now while they are still at a discount. Now, there are a lot of scams out there, but there are also diamonds among stones. You just have to know where and how to look. Here’s some top picks
Memecoins have outperformed every other narrative in 2024 In Q1, new coins on #Solana & #BASE were pumping 10x — 100x in days
⎆ Alpha tools: Hot coins:@dexscreener
Holders:@bubblemaps/@solscanofficial/@etherscan
Trading bot:@MaestroBots/@UnibotOnSolana
Wallet tracking:@zerion/@alphatracexyz
New Pairs (with screener): https://t.me/iTokenEthereum New Pairs (Dextools):
⎆ Now that you have the tools let’s find hot pairs:
⎆Go to https://dexscreener.com
⎆Identify coins with high volume over multiple days
⎆Check narrative & growing of Holders
⎆Check TG & Twitter activity
⎆Assess engagement of kol shilling
⎆Liquidity >50k & FDV > $200k
⎆ Find the best meme callers: -Find a meme that has recently pumped hard -Search early posts on Twitter & TG before it took off -Analyze new calls -Ape new calls if narrative is reasonable and chart looks good
Here are a list of a few top meme callers:
@notEezzy
@Eunicedwong
@sibeleth
⎆ How do you buy:
— Do NOT go all in with your life savings
— Ape a small amount first
— If you see further potential, start DCA-ing some more during dips, while also taking profits during massive pumps.
⎆ When should you take profits and how should you do it?
The trick here is to have a clear and precise exit price: 2x- take profit 3x- take profit 4x- take profit 5x -moon bag DCA out but also leave a moon baG Meme coins can go to 0 at any time so be greedy with profits.
How high can it pump? To gauge the potential of your bag, monitor the engagement of the coin on twitter and TG. If big accounts are shilling it after you bought, then there is a probability it will pump higher.
⎆ Tools to avoid getting rugged:
Honeypot checker: https://de.fi/scanner https://honeypot.is
What to pay attention to:
-Is liquidity locked?
-Holder distribution (does a private wallet owns most coins?)
-Is there a Buy/ Sell tax? -Sell limit (Unable to sell)
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