If you've snipped $WIF at launch, you'd turn $10 into $10,000,000.
Memecoin snipers are predators of Solana wild world.
I've spent days learning and figuring out how to become one.
Here's How you can snipe memecoins on Solana 🧵👇
1/ 🤖 Sniper bot.
Using sniper bot will increase your chances to get in early by 100x.
I will guide you through @SolTradingBot, but there any many others
[not referral link]:
The bot is completely free. You just need to learn how to use it. t.me/SolTradingBot
2/📲📈 How to set up your sniper bot:
Head to settings and adapt them to your trading style.
I use next ones:
• 200% buy/sell slippage
• 100% Slippage Sniper
• 0.006 $SOL Tip SOL Buy/Sell
• 0.025 Tip SOL Sniper
Next, connect your $SOL wallet if you haven't done this before [use freshly created wallet just to get rid of potential risks].
To snipe faster swap your $SOL into $WSOL.
You can easily do this using “Wallets” button in bot.
After, click on “Token Sniper” button and paste CA of the coin you want to snipe.
Select mode and SOL amount. Your order is then set up, and it will automatically buy the coin at launch.
Often we do not know the contract address in advance, but we'll get to that part below.
When Bot buy coins, it will show a window where you can manage your position.
It's better if you already know when to sell.
But don't worry if you don't, I'll cover this topic in next threads.
3/ How to spot gems before others 💎🔍
That's actually the main part of making 1,000x on memecoins:
• You can follow whale wallets and copy trade them.
• Scan X influencers calls or find new projects accounts.
• Look for potential threads and meme narratives.
For example, I told you about $BALLZ before it was launched.
Snipers made literally $60k-$120k in 12 hours from less than $25 buys.
There's actually more UI advanced sniper bot called Photon
[not referral link too]:
The main features for me are
• Audit Results.
• Wallets leaderboard.
• Convenient Interface with Quick Buy function. photon-sol.tinyastro.io
We can use @tradewithPhoton to spot coins that are coming up that have a timer on their LP.
The app will help you with risk identification:
• LP not burned. That might be rug pool.
• % owned by Top 10 holders might be too high.
• Mint authority disabled.
• High amount of SOL in LP.
There are groups of ruggers that constantly launching memecoins with 100-150 $SOL in LP and pull out liquidity within 30 seconds of launch.
If all of these points not confirmed, I feel that safely enough I can buy.
Remember Basic Rules:
• Do not blindly buy all the coins that are launched, research for actual gems. That's more profitable in the long run.
• Diversify. Don't hold 30%-50% of your portfolio in a single memecoin.
• Don't ape too much. There is always a chance scam.
If you liked this thread:
1. Follow @leshka_eth to help me grow on CT.
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