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.
If you had bought $100 worth of $WIF in first 7 days after launch, you'd now have $2,500,000.
You don't need to be genius. Be a dumb ass believer and have a strategy.
Here's My 6 rules that I follow while trading memcoins🧵🔽
1/ Check top traders:
Pick best performing memecoin and click on "Top Traders" tab on Dexscreener.
This whale started buying $WIF on December 15th. He spent ~$10k-$15k at the time.
He traded $WIF for 3 months and ended up making an insane $759k😳
Total profit: $723.2k
Following whales and smartmoney is an easy strategy:
1. Make a list of top traders among one memecoin 2. Filter if these wallets also profited on other tokens 3. Start building your own strategy based on their trades.
Keep in mind that nobody can always win, so don't go all-in.