In the dynamic world of cryptocurrencies, meme coins like Shiba Inu (SHIB) and Pepe (PEPE) offer the potential for massive returns. But amid the crypto chaos, identifying these gems can be challenging. To help, a seasoned crypto analyst shares a concise guide on finding meme coins before they go viral on social media.
Tools for Early Detection:
Crypto expert BlackbeardXBT provides a strategy for spotting meme coins early using Dexscreener. This platform offers real-time data on new and existing projects, aiding investors in making informed choices.
Steps to Identify Meme Coins:
Choose your blockchain network.
Explore the ‘New Pairs’ tab for fresh coin pairs.
Use the ‘Filter’ tab to refine your search based on criteria like liquidity, FDV (Fully Diluted Valuation), pair age, and 24-hour trading activity.
Focus on liquidity, FDV, pair age, and 24-hour trading activity.
Ensure the coin aligns with current or upcoming narratives.
Conclusion:
Discovering meme coins with exponential potential is both exciting and challenging. By using tools like Dexscreener and diligent filtering, investors can increase their chances of finding these hidden gems early in their crypto journey. Whether you prefer meme coins or utility tokens, thorough research remains your guiding principle.