Pump fun is a very well known lunchepad platform for running memcoins on solana and trading, where even with very little investment you can start trading on low cap memcoins and make Xs with the right approach, however security is key.
Before blindly investing in a coin, find it through the search bar
➡️ You should only buy if you get one result.
➡️ Multiple results increase the risk of buying a fake.
After that, make sure the developer is not a rugger… How: Use a bot ( @ is_dev_selling_bot) to track the developer’s sales to see if they are dumping coins.
Another way is to go to the developer’s profile.
➡️ Go to pump.fun, add CA and check under the ‘Coins created’ tab.
➡️ If he’s a rugger, the answers to his old projects will let you know.
➡️ A distribution between 6-8% isn’t too bad, but be careful.
➡️ This could be a way for them to make a quick profit.
➡️ Look for developers who either buy at a VERY low price (which shows their commitment) or buy a LOT (to control and grow the project).
Check the TG before you buy. A locked TG is a big red flag. Stay away
➡️ If the developer is “working on social stuff”, stay away.
➡️ A serious developer will set things up first.
➡️ Paying DexScreener in advance is a good sign, but it’s not a 100% guarantee that the developer won’t rip you off.
Only invest what you can safely lose
➡️ If you invest $1 SOL when the project costs $10k and it goes to $200k, that’s $20 SOL. 5 such investments is $100.
➡️ And if you’re patient enough, you’re guaranteed to find good games.
These tips will help you find tokens with low Mcap
➡️ The number of successful tokens may not be very high, but what really matters is the PnL in $SOL.
➡️ Also, a huge investment can scare off other buyers, which will also hurt you – so avoid it.
