How to Find Meme Coins can be a highly profitable yet volatile niche in the cryptocurrency market. With success stories like Shiba Inu and Dogecoin, many investors aim to discover the next big meme coin. However, these opportunities often emerge early and require careful research, strategy, and risk awareness.
5 Ways on How to Find Meme Coins
To find memecoins before they explode, users need early insights and information from many sources. Here are 5 ways a user can find memecoins right before their surge.
1. Look for Meme Coin Presales
Crypto presales, often referred to as Initial Coin Offerings (ICOs), provide early access to new tokens at discounted prices. This actually works similarly to IPOs in traditional finance. Here is how that works:
- Campaign Launch: It announces its presale, where early adopters can directly buy tokens from its website.
- Payment Methods: Most investors invest using cryptocurrencies like Ethereum, Tether, or Solana.
- Self-Custody Wallets: Payments are made using wallets like MetaMask for anonymity.
- Discounted Prices: Presales usually offer tokens at a lower price to incentivize early entry.
Presales also have risks because there’s no trading history behind them; however, the upside could be huge. Take Dogecoin and Shiba Inu, which came out as undervalued projects and went on to achieve billion-dollar valuations.
After the presale, the tokens are listed on the exchanges, sometimes starting from the decentralized ones, like Uniswap or Raydium.
2. Monitor Crypto Launchpads
Crypto launchpads are platforms where new projects offer tokens to early investors. Unlike presales, these projects undergo due diligence by the launchpad, adding a layer of credibility. Key Features:
- Third-party platforms pre-vet projects, reducing scam risks.
- Investors may need to complete KYC procedures.
- Token allocations are often limited.
For example, the Binance Launchpad has a track record of launching successful projects. Consider STEPN ($GMT), which was initially sold at $0.01 per token. It surged to an all-time high of $4.11 within a month, delivering gains of over 41,000%. Other launchpads to explore include Polkastarter, DAO Maker, and TrustSwap.
3. Use Coin Aggregators
Platforms like MevX aggregate data on newly launched meme coins, offering valuable insights.
- Research Methods:
- Filter tokens by network (Ethereum, Solana, BNB, etc.).
- Analyze trading volume, market capitalization, and liquidity.
- Exclude projects with unlocked liquidity pools or unverified smart contracts.
For instance, you can use filters on MevX to identify coins with specific criteria, such as a market cap between $1 million and $2 million or a 24-hour trading volume above $500,000. This method allows for a data-driven approach to finding meme coins with potential. You can check out our Guide to utilizing MevX New Pair section for more information.
4. Follow Crypto Influencers and KOLs
Social media platforms like YouTube, Twitter (now X), and Discord are hubs for crypto influencers and Key Opinion Leaders (KOLs). These figures often have large, engaged audiences and can drive substantial interest in specific projects. Examples:
Jacob Crypto Bury: Specializes in presales and altcoin analysis.
Z99: Focuses on meme coins with 10x–100x potential.
By following reliable influencers, you can gain insights into emerging trends. However, always verify their recommendations through independent research.
5. Track Crypto Whales
Crypto whales are major investors whose trades can indicate high-potential projects. Tools like whale trackers allow you to monitor their activity and even mimic their trades. Here is how it works:
- Identify successful wallets through whale tracking platforms.
- Receive real-time notifications for whale transactions.
- Consider copy trading tools to automate the process.
For example, if a whale invests $250,000 in a meme coin, this could signal confidence in the project. However, whales often spread their investments across multiple wallets, so diversifying your tracking efforts is crucial.
You might also want to take a look at our article on How to buy meme coins early to get more insights.
Benefits of Finding Meme Coins Early
When choosing meme coins, it’s essential to verify the project’s smart contract. Ensure it has been audited by reputable firms like SolidProof or CertiK to confirm its security.
Checking liquidity pools is also important. Locked liquidity reduces scam risks and ensures smoother trading conditions.
Evaluating community engagement helps distinguish real projects from fake ones. Analyzing social media activity can reveal whether the community is genuine or driven by bots.
Finally, diversifying your investments across different projects can help mitigate risks and improve your chances of success.
Finding meme coins before the explosion does require research, timing, and strategy. Presales and launchpads give you the opportunity to get in early, but use all the other tools at your disposal—aggregators, whale trackers, and community insights—to whittle down the choices. Never invest more than you can afford to lose because the risks are high, and diversification is very important. By following these steps, you will have a better chance of finding the next big meme coin and possibly reaping considerable rewards.
Follow MEVX for advanced trading tools and expert signals !
Best Practices for How to Choose Meme Coins
When choosing meme coins, it’s essential to verify the project’s smart contract. Ensure it has been audited by reputable firms like SolidProof or CertiK to confirm its security.
Checking liquidity pools is also important. Locked liquidity reduces scam risks and ensures smoother trading conditions.
Evaluating community engagement helps distinguish real projects from fake ones. Analyzing social media activity can reveal whether the community is genuine or driven by bots.
Finally, diversifying your investments across different projects can help mitigate risks and improve your chances of success.
Finding meme coins before the explosion does require research, timing, and strategy. Presales and launchpads give you the opportunity to get in early, but use all the other tools at your disposal—aggregators, whale trackers, and community insights—to whittle down the choices. Never invest more than you can afford to lose because the risks are high, and diversification is very important. By following these steps, you will have a better chance of finding the next big meme coin and possibly reaping considerable rewards.
Follow MEVX for advanced trading tools and expert signals !
Finding meme coins early offers several advantages, such as entering at a low market cap, which allows for significant growth potential.
For example, a $3 million market cap coin growing 100x could reach $300 million, while such growth for a larger coin like Dogecoin is much less likely. Early investments can also result in huge returns, like the massive gains seen with Shiba Inu, where early investors earned over 7 million percent.
Even modest investments in projects like dogwifhat can yield impressive results, with a $100 investment growing by over 7,000% in just a few months.
Risks of Investing in Meme Coins
Despite the potential rewards, investing in meme coins comes with substantial risks. Many new meme coins fail because they lack value or utility, with countless tokens losing over 99% of their value.
Additionally, the rise of scams and rug pulls is a significant concern, as fraudulent projects can easily be listed on decentralized exchanges without proper oversight. Liquidity is another issue, as early-stage projects typically have small liquidity pools, making it challenging to sell tokens without significant price slippage.
Best Practices for How to Choose Meme Coins
When choosing meme coins, it’s essential to verify the project’s smart contract. Ensure it has been audited by reputable firms like SolidProof or CertiK to confirm its security.
Checking liquidity pools is also important. Locked liquidity reduces scam risks and ensures smoother trading conditions.
Evaluating community engagement helps distinguish real projects from fake ones. Analyzing social media activity can reveal whether the community is genuine or driven by bots.
Finally, diversifying your investments across different projects can help mitigate risks and improve your chances of success.
Finding meme coins before the explosion does require research, timing, and strategy. Presales and launchpads give you the opportunity to get in early, but use all the other tools at your disposal—aggregators, whale trackers, and community insights—to whittle down the choices. Never invest more than you can afford to lose because the risks are high, and diversification is very important. By following these steps, you will have a better chance of finding the next big meme coin and possibly reaping considerable rewards.
Follow MEVX for advanced trading tools and expert signals !