How To Find Memecoins BEFORE They Explode [Make $50k PER Week]

Summary

This video offers a detailed guide on how to find and trade early-stage meme coins using tools like Deck Screener and trading bots. It covers strategies for spotting trending coins—both older ones reviving and brand-new launches—before they go viral. The focus is on high-potential coins with market caps between $200,000 and $10 million. The video emphasizes the risks of meme coin trading, noting that while many will fail, some can see massive gains, making it crucial to time entries and exits carefully. Tools like Twitter and volume analysis are also highlighted for research and decision-making.

Takeaways

• 😀 Meme coins can experience sudden pumps, and finding them early is crucial for maximizing profits.
• 😀 Timing is everything in meme coin trading; you need to get in before the hype spreads on social media like Twitter.
• 😀 The 'sweet spot' for meme coin market caps is typically between $200K and $11M, with $1M to $5M being the ideal range.
• 😀 Be cautious with newer launches, as they can either perform well initially or quickly dump if the pump doesn’t sustain.
• 😀 Always use tools like Deck Screener to filter for trending coins based on liquidity, volume, and market cap.
• 😀 Research trending coins by checking their activity on platforms like Twitter to understand their potential before buying.
• 😀 Never buy meme coins when they hit psychological resistance levels (e.g., $1 million market cap) as this is often where traders take profits.
• 😀 Look for patterns of higher lows and higher highs in the charts to identify uptrends and potential gains.
• 😀 Volume is critical for sustaining a meme coin’s price movement—if volume decreases, the coin is likely to die off.
• 😀 Even with risks, meme coins can offer huge returns, with gains of 10x to 100x possible if the coin becomes popular.
• 😀 Scams and bundled token distributions are common in meme coins; use holder analysis to spot potentially risky coins.
• 😀 Consistent observation of charts, volume, and news events is essential for spotting high-potential meme coin opportunities.

Q & A

What is the primary focus of this video?

The video primarily focuses on how to identify and trade early-stage meme coins before they go viral, using tools like Deck Screener, trading bots, and social media insights to maximize profits.

Why is it important to find meme coins before they go viral?

It’s crucial to spot meme coins before they gain mainstream attention because early investors can potentially make huge profits as the coins rapidly increase in value. The goal is to buy in early, before the pump is widely noticed.

What tools are recommended for finding early meme coins?

The video recommends using Deck Screener with specific market cap and volume filters, as well as trading bots like Bullex to automate tracking and trading of trending coins.

What market cap range is considered ideal for meme coin investments?

The ideal market cap range for meme coin investments is between $200,000 and $11 million, with the sweet spot being around $1 million to $5 million. This range offers good potential for price increases while limiting the risk of large dumps.

How does Deck Screener help in tracking meme coins?

Deck Screener helps track meme coins by allowing users to filter coins based on market cap, liquidity, and volume. The '5-minute' trending chart allows users to identify coins that are gaining momentum in real-time.

What is the significance of sorting by the 5-minute chart in Deck Screener?

Sorting by the 5-minute chart allows traders to spot coins that are trending in real-time, providing early signals of a coin's potential to pump. This is especially helpful for catching short-term opportunities.

What should you look for when analyzing a meme coin on Twitter?

When analyzing a meme coin on Twitter, you should look for increasing mentions and engagement, especially if there are posts from influential figures or sudden spikes in discussion, which can indicate a coin is gaining traction.

Why is buying at a market cap of 1 million often not advisable?

Buying at a market cap of 1 million is not advisable because it is a common psychological resistance level where professional traders take profits. This often leads to a large sell-off, making it risky to enter at that point.

How do trading bots like Bullex assist in meme coin trading?

Trading bots like Bullex assist by automating the process of monitoring and executing trades. They can track multiple coins across various blockchains, analyze trends, and help traders act quickly on emerging opportunities.

What are some signs of a potentially scammy meme coin?

Signs of a potentially scammy meme coin include irregular volume patterns, erratic price movements, and 'bundling' where a single entity buys large amounts of a coin and splits it across multiple wallets. This can signal manipulation or a pump-and-dump scheme.