🎯 Professional traders have their secrets, and one of the most important of these secrets is using a powerful tool to detect hidden meme coins before the market notices them. This tool is solscan, but it is not just an ordinary scanning tool, it is the key to huge opportunities if you know how to take advantage of it.

1️⃣ What is SolScan?

SolScan is a browser and analyzer for the Solana blockchain. It stands out because it provides comprehensive information about all transactions and smart contracts taking place on the Solana network. Some people think that it is just a tool for checking cryptocurrency wallets or tracking transactions, but in fact it is a treasure trove of information about emerging and hidden currencies.

🔑 The basics you need to know:

Instant Transactions: SolScan gets data directly from the blockchain, which means you see transactions before any DEX or other tools.

Customize data filtering: You can customize filters to access specific information about new coins, such as meme tokens that may start to take off.

2️⃣ Find new meme coins

Head to the “Raydium” section in SolScan, located at the top right. This section shows you all the decentralized finance activity on the Solana network.

Using filters: In the Decentralized Finance section, you can apply filters to display coins that have had a high trading volume or number of trades in the past 24 hours.

💡 Pro Tip: Along with Raydium, you can use the PumpFun tool that helps you identify coins that are experiencing sudden price increases.

3️⃣ Analysis of currencies that are likely to rise

After applying the filters, sort the list by 24-hour trading volume and number of trades. 👀

This will help you identify which currencies are gaining momentum before they become popular with other traders.

4️⃣ Verify the distribution of coins and smart contracts

Once you find an interesting coin, you should examine the smart contract associated with it. It is important to make sure that the total supply of the coin is not confined to just one wallet. If most of the coins are in one wallet, it may be a sign that the coin is easily controlled or vulnerable to fraud. ⚠️

Use the Analysis tab to check the currency distribution between wallets, and the Markets tab to see where the currency is listed.

5️⃣ Using alerts for smart wallets

If you follow a portfolio known for making big profits or smart investments, you can add it to your SolScan notification list.

You will get instant notifications via email or notifications on your phone every time the wallet owner makes any transaction.

🚨 Important Warning: Some meme coins may look hot today, but they could drop to zero tomorrow. So always make sure to do your analysis carefully before buying.

🔄 Use SolScan to track meme coins:

Analyze smart contracts.

Check the currency distribution.

Monitor smart wallets.

✨ Remember: Success in discovering meme coins depends on speed and careful analysis. With SolScan, you have the opportunity to be the first to benefit from these emerging coins.

🔗 If you liked this explanation and want to learn more about other analysis tools and how to profit from meme coins and cryptocurrencies in general, follow me for more tips and advice!

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