Please read this before trading meme coins
A story of a hard working meme coin trader that turn $25 to 1million
Please read this before trading meme coins like $PEPE
Complete Guide to "safer" trade meme coins
I don't like meme coins trading, but i want u guys to be safe
4 step guide to help u meme coin "safer"
Plus
🔥 A story of a hard working meme coin trader that turn $25 to 1million
Step 1️⃣
Check trading Vol & how many tx in number of transaction
u are likely not insider or onchain detective, u wont be first batch.
to make sure its "safer" make sure there is enough trading volume
use @DEXToolsApp
https://www.dextools.io/app/en
Step 2️⃣
Check the Liquidity Pool
How thick is the liquidity pool?
Doesn't matter how much it pumps if u can't sell it.
Is the liquidity pool locked?
if its not locked likely means the dev can pull the LP anytime.
i like meme makers, but not with a lot of money
Step 3️⃣
Check the token holder
MEME coin buyers are not in it for the tech or culture, make sure who u are trading agasint.
Use etherscan to check who are the other holders
etherscan > enter token contract > click "holders > Click "token Holders Chart
Step 4️⃣
Wait for 5mins, at least check the details a bit for scam
is contract verified?
Honeypot scam?
Can devs mint more coins?
Buy/Sell Tax?
Tax modifiable?
Can they blocklist ur address so u can't trade?
@DEXToolsApp made it super easy for u already, pls read before ape
🎁 Tools
if u read till here, u prob gonna ape some meme coins
heres some useful tools by my fren @ChadCaff
❓Can u continously trade meme coin for 2 years?
Here's a story of a meme coin trader i respect
I have nothing agasint people trading meme
i have a problem with people pretending they know what they are doing.
Its ok to test n train urself.
find ur edge develop ur own system.
Thanks for reading!
go to my twitter to show me some love!
