Preface: Let’s talk about a few terms. Dev: Token creator. CTO: The dev has sold out the chips, the dump is completed, and the community has taken over (CTO needs to spend money on this, remember this). DEX advertising: Advertised on dex screener (this also costs money). CA: Contract address. PVP: Player vs player, can be understood as on-chain competition, seeing who buys early and runs fast, mutually competing; this was originally a term from chain games. Paper hands: People who want to sell within a few hours or days.
1. First, you need to know the characteristics of meme coins on the sol chain: gas is cheap, generally 1-2u. Therefore, the entry threshold is low, leading to serious PVP and many paper hands. The Sol chain is divided into internal and external markets. The internal market is the issue before the launch on the pum or moonshot official websites. The external market is after the launch. The internal market can only be bought with certain specific software, such as dexx, pump official website... All software can buy from the external market.
2. Those capable can engage in PVP, but the risk is too high, so I won't discuss it here; most smart money are PVP experts. They invest large amounts and run when it rises. The fastest I've seen someone run in 20 seconds. You absolutely can't keep up with them. They put in 2000u and earn 200u in 10 seconds. If you jump in with 20u, you won't even earn enough for gas fees in 10 seconds. Ultimately, it’s just giving away money.
3. A type with low risk and high return: commonly known as picking up garbage. Because the internal market of the sol chain has extremely low chips before the opening, only the dev can obtain them. Generally, it is either quickly filled or filled and launched, and then the dev dumps the market in the first second, causing an instant drop of 99%. Therefore, if you don't have much money, you shouldn't buy at this time. Wait for the dump, when the market cap drops back to 5000-7000u to buy. The market cap when the internal market opens is basically above 4000u, so it can basically drop to 4000u at most; I've never seen a market drop to 2000u. Picking up garbage at 5000-7000u is at most a halving. It won't drop to 99%. Moreover, the smaller the market cap, the more you should not be greedy; you should use small funds. 10-30u. 50u is too much. If your own holding address is among the top 10, it definitely won't work. How can the market be pulled up? Generally, the market needs to absorb 70-90% with multiple wallets before starting to surge. Of course, there are thousands or tens of thousands of on-chain meme coins that can't all be bought; no one has infinite bullets. You can log in to https://gmgn.ai/discover/0yD8gfMN?chain=sol&tab=pump_smart to pay attention to 1-2 wallets with a high winning rate and profits over 100k, using the monitoring bots from dexx or the gmgn official telegram group. The Dexx link will be in the next article; that involves rebates. Since I can't just recommend everyone to use my rebate, and Dexx has both advantages and disadvantages, I will explain clearly; whether to use it is your own choice, entirely voluntary. Back to the point, after monitoring a few smart money wallets, he will help you filter dozens of coins every day. It's like helping us do an initial screening, reducing the workload. The next step is critical: if you don't have enough money, you don't have to buy everything recommended by smart money. Go to gmgn or dexx to find the details of the coins and check if there are links to x, telegram groups, and official websites. Open each of these three items one by one. Then copy the CA to x to see what hot information there is about this coin. Check what this coin is all about. If there are no three items and no hot information, it's basically not worth buying; this is very likely garbage, so don't waste money. If there are no three items but the hot information narrative is impressive, like ban, then it can also be purchased. Pay attention to the three items as well; some are random links, and clicking them doesn't lead to the official website, telegram, and x of this coin, which is also basically garbage. After doing the above points, just buy and wait. If there is no movement after 7-15 days, you can basically sell. At this point, it’s very likely just a loss of gas fees.
Tip: Here are a few key tips, independent of the text above. If you find that only 1-2 well-known KOLs are promoting a certain meme coin while scanning information on x, you can go for it. But if you find that the KOLs you follow are overwhelmingly pushing a certain meme coin, then you shouldn't jump in. For example, in my zoo, when I bought in, the hippo was ramping up wildly, and I saw a KOL whose name I forgot; he was the first to mention the CTO, encouraging everyone to join in. I rushed in immediately and made over 20 times. The multiplier for those who came in later shouldn’t be that high.
