50 times in one day? How to play Meme Coin

Recently, the Solana meme pre-sale craze has reappeared the phenomenon of "value research is in vain, all in meme lives in the palace". So, how to grasp the meme coins that are coming rapidly and have a ten-thousand-fold return?

In this article, Biteye has compiled a collection of tools for playing with Solana meme coins. Whether you can hit the next coin that returns 10,000 times the value depends on luck!

(Risk warning: I only provide tools, not recommend targets. The volatility of meme coins is huge, so please participate with caution)

0 1 Market Review

While the market is correcting, there is still a small number of people partying in the market.

The hottest market yesterday was $SLERF - another meme coin that emerged from the Sonala chain. It triggered a market rally because its founder mistakenly revoked the coin minting rights and destroyed the airdropped tokens. Its market value exceeded 100 million within 30 minutes, and it was jokingly called "the greatest trader."

A few days ago, the amazing $BOME had already attracted the public's attention, with a 20-fold increase in three hours after its launch, and a 50-fold increase in a single day, and was finally listed on Binance. $SLERF even broke the record of $BOME's market value exceeding 100 million in 9 hours, and was quickly listed on Bitget, htx, gate... Today (March 19), $SLERF's market value reached 645 million US dollars, surpassing $BOME and becoming the seventh largest meme coin.

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

0 2 How to find projects

Project discovery tools: fast and accurate

1. The new pool channel of Telegram robot plays with the information gap, which is convenient for querying, screening projects and making decisions within a few minutes, such as

@PepeBoost888

2. OKX meme hunter, can track smart money and find pools for exchange directly

3. Market information websites can also help find new pool projects. Setting the screening conditions is the key, usually within 1 hour and within 20k pools. For example, DexScreener, DEXTools, Birdeye, etc., find the newly launched popular meme coin 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 pay attention to the method of joining the group at the bottom of the tweet)

0 3How to trade

Tools for trading tokens: on-chain in three seconds, the faster the better

1. Before trading, prepare a wallet that supports the Solana chain, such as the Sol wallet phantom.app. Or you can add the Sol chain's OKX, Trust wallet, TP wallet, etc.

2. Use Telegram robots, such as @PepeBoost888, @Fluxbeam_bot, @bonkbot_io, etc. Please enter through the official page, otherwise there will be a risk of asset theft.

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

Trading TIPs

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

2. The highest slippage of bot is usually 20%. Buying is fast, but it is easy to get stuck at the top. If the slippage is low, it is easy for many people to fail to buy. Note that the slippage must be >5% at the lowest, otherwise it is easy to fail. You can weigh the rest yourself.

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

4. Currently, sol meme coins are mainly opened in ray pools, and bots are mainly used to trade projects in ray pools. If the project party opens a pool in orca, bots cannot be used.

5. Solana meme coins fluctuate greatly and are prone to sudden rises and falls, and returning to zero is also common. It is recommended that novices buy less than 1 sol at a time.

0 4 How to read the line

Commonly used tracking tools include: DexScreener, DEXTools, Birdeye

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

0 5 Summary

Since the sol meme coin fluctuates too much, the sentiment of funds is greater than the value. After discovering the project, it is necessary to screen again, and the transaction also tests the right stop profit. This process requires familiarity with project security, inducement routines, public fomo sentiment, community popularity, position management, etc. Please do your research, DYOR!