In the world of cryptocurrency, there is a type of token known as 'dog coins', which have become hot topics for investors due to their extreme volatility and potential. Have you heard the story of becoming rich overnight by investing in hundredfold dog coins? So the question arises, how do you catch these surging dog tokens? This article will guide you on how to filter these potential coins, avoid pitfalls, and steadily earn profits. As long as you master these techniques, you can easily seize the opportunity of golden dogs.

What is a Dog Coin?

First, let's talk about what dog coins really are. In simple terms, dog coins are a type of low-priced cryptocurrency project that is highly sought after and has enormous potential. They are usually emerging tokens that have not yet been listed on mainstream trading platforms, possibly due to special reasons such as hot topics or celebrity endorsements, prompting their rapid price increases in a short time. However, due to their high risks, their price fluctuations can also be extreme. If chosen correctly, they could lead to significant profits; if chosen incorrectly, you might lose everything.

Have you heard of Trump's TRUMP coin? This coin once attracted a large number of investors, and many people made their first million from it! I also participated, entering at 0.8 USD and made nearly 50 times my investment when I sold! Therefore, recognizing dog coins with a hundredfold potential is key!

How to find a hundredfold dog coin?


1. Choose the right trading platform

For these surging dog coins, you won't see them on centralized mainstream trading platforms (like Binance, OKEx). Most dog coins initially can only be traded on decentralized trading platforms (such as Uniswap, GMGN, DEXScreener). When these coins gradually accumulate a certain trading volume and community popularity, they will be listed on major platforms, and their prices will rise accordingly!

Therefore, if you want to seize these opportunities, it is essential to prepare your 'dog-catching tools' in advance. I personally recommend using Little Crocodile GMGN, which is more intuitive and easy to operate than other tools.

Link:
https://gmgn.ai/?ref=h9hIhOBg&chain=sol

2. Filter the correct blockchain projects

The 'track' of dog coins is very important. You should choose those blockchains that have an active on-chain atmosphere and high popularity. Currently, many projects on the Solana chain have become mainstream sources of dog coins. For example, Trump's TRUMP coin was released on the Solana chain. If you find new projects launching on the Solana chain, it might be worth paying attention to as there could be good investment opportunities. When using the GMGN tool, you can switch to the Solana chain in the upper right corner to filter relevant projects.


3. Safety screening: Avoid pitfalls

When selecting dog coins, safety screening is a step that cannot be ignored. If you do not want to face a 'liquidation' situation, you must remember the following four indicators:

  • Mint Permission: If the project party has mint permission, it means they can issue more tokens. This can lead to 'unlimited printing', resulting in a price crash. It is best to choose projects that do not have mint permission.

  • Blacklist Permission: Whether the project party can blacklist addresses. If they can randomly blacklist certain wallet addresses, your assets may be restricted from trading.


  • Burn Pool Ratio: A higher burn pool ratio indicates a higher proportion of assets being destroyed in the liquidity pool. Generally, projects closer to 100% are safer.

  • Top 10 Wallet Proportion: The total holdings of the project's top 10 wallets should not exceed 30%; otherwise, there may be risks of centralized manipulation.



Once these indicators are not met, it is best to decisively give up.

Advanced Screening Techniques: Use PUMP.fun to scan chains

If you want to further increase the success rate of selecting coins, you can use the PUMP.fun platform to scan chains. PUMP has two sections: internal market and listed tokens. The internal market is very competitive and requires high technical skills; however, the tokens that have been listed often make it easier to capture opportunities for popular coins.

I personally use PUMP.fun to filter listed tokens, especially those with smaller market caps (below 5 million). Usually, projects with high popularity and strong narratives can often see a price explosion. On this platform, filtering criteria include:

  • Token Birth Time: You can choose new coins within 1 hour, 6 hours, or 12 hours.

  • Pool Size: It is recommended to choose pools with more than 50 Solana to ensure the project's activity.

  • Trading Volume: Choose projects with high trading volume; it is best if the trading volume exceeds 500 transactions within 1 hour, or even 1000 transactions.

Projects filtered in this way have a higher chance of seeing a surge.

Narrative Drive: The underlying story is also important.

In addition to filtering on-chain data, the underlying 'story' is also very important. Many dog coins can rise rapidly due to strong narrative drivers, such as celebrity effects and trending culture.

  • Celebrity Effect: For example, the TRUMP coin issued by Trump and the Dog Broccoli coin endorsed by Zhao Changpeng, the price surges of these coins are often due to the influence of celebrities.

  • Meme Culture: Recently, topics related to AI memes and politics have also become popular meme coin narratives.

  • New On-Chain Narratives: Some emerging projects on new chains, such as early inscription projects, also attract a lot of attention.

When selecting projects, remember to check the story behind the token, as this will help you better assess its future potential. You can search at the location in the image below.



Buying Timing and Risk Control

Choosing the right project is just the beginning; next, you need to select the right timing to enter. Dog coins have large price fluctuations, so you need to be prepared for risk control. I suggest starting with a small amount of investment, such as 0.01 or 0.1 SOL, to avoid losses due to price slippage (large price differences). After buying, remember to withdraw your principal in a timely manner and let the profits continue to run.

Dog coins are high-risk; proceed with caution.

While seizing the opportunity of a hundredfold dog coin is exciting, it is also fraught with risks. Most dog coins in the market eventually go to zero, so ensure you can recover your principal in a timely manner, and do not invest all your funds in them. Risk control is always the top priority.

That's all for today's content! If you find these tips helpful, don't forget to like, share, and follow me. In the next issue, I will teach you how to select and trade dog coins by tracking smart wallets. See you next time!