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How to avoid memecoins rug in crypto?

  • July 2, 2024

$BEER, $SQRT, $RNT rugged even after Tier-1 listings. Avoid rugs if you want to find your next $WIF and $BRETT. Predicting rugs and finding the next unicorn is easier than it looks.

Recently, meme-coin $BEER dropped 80% despite green flags like partnerships with GotBit and a ByBit listing. Many people lost 99% of their deposit, and one day, you may find yourself in their place Fortunately, I’m here to show you how to avoid it.

First, it’s crucial to check how many tokens DEV is holding. Many think that that [ALL] DEVs holding is shown on the DEX screener holders page, but it’s not. Always DEV sends his tokens in small volumes for 100+ wallets, and it is almost impossible to distinguish from ordinary buyers. But there is one way to detect this that only 1% know about.

@bubblemaps is the ultimate tool for finding DEV’s holdings

► Head to http://app.bubblemaps.io
► Choose a network and input the CA of the meme coin that you want to explore
► Make exchanges and pool wallets invisible, remaining only pink bubbles
► Click on different wallets and click on “Show Transfers.”

You’ll be redirected to @solscanofficial showing transfers between 2-3 wallets.

➜ If there is a massive SOL transfer amount, most likely, it’s one of DEV’s wallets.

For better understanding, use @birdeye_so:

► Visit http://birdeye.so/token
► Choose the token that you want to explore
► Enter a whale’s wallet address to see their trades on a chart

Next, find wallets that hold or buy meme coins and track them via @RayBot_sol.

► Head to http://t.me/ray_blue_bot
► Add a wallet that you want to track
► Put settings on minimal transfer amount (optional)

➜ Once the wallet starts selling its tokens, think about fixing the profit.

@TweetScout_io is a unique tool for analyzing Twitter accounts:

► Head to http://app.tweetscout.io
► Input the handle of the profile that you want to check
► Enjoy info about its top followers, including VCs and exchanges

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