Market Analysis
Nov 12, 2024
Trump's victory can lead us to good growth soon. With crypto market cap already soaring, the real profit potential lies beyond altcoins. No altcoin type delivers returns like memecoins.
The most efficient and safe method of trading memecoins is to follow Smart Wallets. Smart wallets often have insider information and vast trading experience. Here the best tools and tracking strategies
The best tool at the moment is @gm_gmgn
After you connect your wallet you will see a lot of memecoins. At this stage, they are not worthy of attention because they are not organized correctly
Sorting memecoins. First, select the Solana network and click on “New Pairs”. In front of you new memecoins trading which brings maximum income if these filters are set: • NoMint • Top 10 • Liquidity: $8k+ • Age: 20min+
The U.S. elections are the hottest topic right now, so consider investing in tokens related to it. When choosing a token, make sure the key metrics under the ticker are mostly green before diving in.
Next, open the token chart, but skip the usual analysis—scroll down to the traders list instead. Sort by ‘bought’ amount in descending order and focus on wallets with unrealized profits. Click on a wallet to view its trade history; entries and exits are shown in a chart at the top right.
If the wallet shows recent buys, consider entering the trade yourself. But if you’re not ready to commit just yet, keep tracking that wallet for a bit longer.
Head over to @RayBot_sol on Telegram to set up notifications for this wallet's transactions, so you can receive updates directly to your phone. And, of course, use this intel to copy their moves.
Always Analyze Before Investing Assessing a memecoin’s legitimacy is crucial to avoid scams.
Here are two essential tools:
• @Rugcheckxyz : Quickly checks a token’s safety and reliability.
• @BubbleMaps : Visualizes token ownership and distribution. Use these tools to make smarter, safer memecoin investments.