Recently, I made some small profits of over 100,000 USDT on-chain. Don’t be jealous, my brothers. Today, I’m going to share some commonly used MEME tools to help you get started quickly. As the saying goes, “A workman must sharpen his tools before he can do his work well.”

1️⃣ Trading Tools:

1. Wallets:

  • Phantom: One of the most commonly used wallets.
  • OKX, Backpack, Trust Wallet

2. MEME Launch Platforms:

  • Pump.fun @pumpdotfun: The largest launch platform, where many 100x and 1000x projects have appeared since last year.
  • Moonshot @moonshotdotcc: A feature launched by DEX Screener, allowing users to create their own tokens.

3. Comprehensive Trading Platforms:

  • Logearn @logearn_com: An AI tool for copy trading with a high win rate, including Alpha Token tracking mode, which identifies the next 100x low-cap coins.
  • Dbot @DBotWeb3: A fully automated trading bot supporting multi-chain operations, including copy trading, sniper, limit orders, presales, strategies, and monitoring.
  • Photon @tradewithPhoton: The fastest trading platform on the Solana chain, supporting limit orders and security checks.
  • GMGN.Ai @gmgnai: The most comprehensive trading platform for Solana, supporting trading, smart money tracking, alerts, and market analysis.

4. DEX:

  • Jupiter @JupiterExchange: A decentralized finance (DeFi) platform on the Solana chain.
  • Raydium @RaydiumProtocol: A high-performance decentralized exchange (DEX) on the Solana chain, providing trade aggregation and liquidity services, using a hybrid AMM model combined with its own liquidity pools and a central limit order book, ensuring fast, low-cost transactions.

5. TG Trading Bots:

  • PepeBoost @PepeBoost888: A comprehensive tool offering fast trades, limit orders, copy trading, and anti-sniping functions. Simple, secure, and suitable for users of all levels.
  • BonkBot @bonkbot_io: A simple interface, resistant to MEV, adjustable Gas Fee, with high trade volume.
  • Banana Gun @BananaGunBot: A minimalist interface with complete functions, specialized in sniper trading.
  • Trojan @TrojanOnSolana: Copy trading, DCA investment, with a built-in cross-chain bridge.
  • Sol Trading Bot @SolTradingBot: Integrates Jupiter, Orca, and Radium for optimal price execution.

2️⃣ Smart Wallet Tracking Tools:

  • GMGN @gmgnai: Tracks the positions of smart wallets holding MEME coins, including smart money, new wallets, KOL/VC holdings, and insider trading data.
  • Debank @DeBankDeFi: Supports multi-chain assets, whale wallet tracking, and encrypted investment portfolio tracking.
  • Arkham @ArkhamIntel: Provides detailed data on wallet addresses, including transaction history, profit/loss reports, asset trends, and asset composition ratios.
  • Zapper @zapper_fi: Real-time tracking of hot trends on the blockchain, including project popularity and trading data.
  • 0xScope @0xScopescan: A visual tool for tracking wallet address transactions, monitoring the flow of funds.
  • Bubblemaps @bubblemaps: A tool for visualizing the number of tokens held by wallet addresses and analyzing capital relationships.

3️⃣ Data Dashboard Tools:

  • Dex Screener @dexscreener: A data aggregation platform focused on DEX.
  • Birdeye @birdeye_so: Similar to Dex Screener, a multi-chain aggregator.
  • DEXTools @DEXToolsApp: Tracks important data such as token and liquidity pool statistics.
  • ave.ai @aveaiofficial: Real-time DEX data, price alerts, Smart Money, KOLs, sniper functions, and copy trading.
  • Solscan @solscanofficial: A blockchain explorer for the Solana network, allowing users to query wallet addresses, token issuance, holder distribution, and transaction records.

4️⃣ Security Tools:

  • Token Sniffer @Token_Sniffer: Supports 14 blockchains, automatically detects and audits token risks.
  • Go Plus @GoPlusSecurity: Detects fake coins, offers token security ratings, contract security assessments, and more.
  • Sniffer @realScamSniffer: Helps users detect and prevent phishing and malware attacks.

5️⃣ Mentality Tips:

Stay Calm, Avoid FOMO:

FOMO (Fear of Missing Out) is a common psychological state among meme coin and low-cap coin traders. Fearing missed opportunities leads to impulsive decisions. Always research the project’s background and market trends before jumping in. Don’t make decisions based on emotions alone.

Manage Risks and Set Reasonable Expectations:

Meme and low-cap projects carry high risks. Set reasonable profit goals. For example, if you expect a 3x return, aim for a win rate of over 33%. Also, manage your portfolio scientifically, investing by percentage rather than fixed amounts to reduce losses.

Think Independently, Don’t Blindly Copy:

Copy trading is common, but be cautious when choosing whom to copy. Many so-called “CTO teams” may be scams. Use on-chain tracking tools like GMGN and NFT Sniper to analyze the holdings of devs and early traders to avoid blindly copying others.

Be Patient and Wait for the Best Opportunity:

High-quality meme projects often have low market caps early on, providing the best entry points. Be patient and use tools and community information to find projects with market caps between 100K-200K. Avoid entering when the market cap is too high.

Avoid Overindulgence, Maintain Life Balance:

While chasing meme coins and low-cap coins can be enticing, avoid excessive involvement that affects your daily life and work. Maintain a healthy lifestyle and mindset. Treat investing as entertainment, not the entirety of your life.

Continuous Learning and Improving Your Skills:

The market is constantly changing. Players must continue learning new knowledge and skills to enhance their ability to analyze and judge projects. Stay updated on industry trends and learn from successful traders to improve your strategies.

Stay Optimistic, Accept Failures:

Failure is common in the meme and low-cap coin market. Stay optimistic, accept failure, and learn from it. Every trade is an opportunity to learn and refine your approach.

By staying calm, managing risks, thinking independently, maintaining patience, avoiding overindulgence, continuously learning, and staying optimistic, you can better face the challenges of the meme and low-cap coin market and enjoy the fun of investing.