Over the past few months, i’ve come to notice alot of traders rushing into trading memecoins. Mostly what they fail to understand is the memecoin narrative is crazy, if you can’t be fast enough you would definitely miss out. If you didn’t ride with the trend before it took off, don’t bother to FOMO in as you would end up being the exit liquidity.
As a degen trader who has always been careful, i do this to be on the safer side. Check for the trending momentum, the trading volume on Dexscreener, also check if it has CTO, you can check directly on X or through Dexscreener but the latter is the best. Checking the score of the token I’m interested in is very important. These are what i did when choosing Baobao, RICO and CSTAR. Note this is NFA, i just feel the need to share.
As a degen trader who has always been careful, i do this to be on the safer side. Check for the trending momentum, the trading volume on Dexscreener, also check if it has CTO, you can check directly on X or through Dexscreener but the latter is the best. Checking the score of the token I’m interested in is very important. These are what i did when choosing Baobao, RICO and CSTAR. Note this is NFA, i just feel the need to share.
