In this article, I will discuss the How to Find Meme Coins Early Before They Pop Off. Spotting these gems requires monitoring social networks, actively participating in crypto groups, and using sophisticated analytical tools.
By being proactive, you increase your odds of picking the next meme coin before it becomes widely known.
What is Meme Coins?
Meme coins are digital currencies emerging from popular memes or trends without much focus on a real tangible product or service behind it. They are different from Bitcoin or Ethereum which have primary use cases because meme coins heavily rely on community support, social media hype, and influencer marketing.
Dogecoin (DOGE) and Shiba Inu (SHIB) are some examples that appreciated in value due to internet culture rather than technological advancement. While there are some meme coins that allow short-term speculation, they are extremely unpredictable and even more so, risky investments.
How to Find Meme Coins Early Before They Pop Off?
Meme coins are rising in popularity in the cultural and financial spaces of cryptocurrency. This leads to very high returns on investment if utilized effectively.
However, these “hidden gems” are challenging to locate and viral trends require appropriate tools and tactics.
One of the most effective platforms for this purpose is DexScan, an advanced DEX scanner that tracks users and their transactions, helping to determine the value of certain meme coins before they skyrocket.
Why DexScan is the Best Platform for Finding New Meme Coins
DexScan is an all-in-one solution that collects and analyzes data from more than 100 DEXs operating on 50+ blockchains such as Ethereum, BNB Chain, Solana and newer layer 2s like Arbitrum and ZkSync.
It gives attention to every detail making it easier for meme coin investors to track active traders within a network, liquidity pools, and more.
Step By Step Guide On How You Can Use DexScan To Find New Meme Coins
Filter by Network or DEX
Search filters on Dex Scan allow you to isolate a particular blockchain network such as Ethereum and Solana or particular DEXs like PancakeSwap and Uniswap.
Meme coins are usually popular on certain networks and tend to perform better when focusing on specific platforms, so pay special attention to BNB Chain and Solana.
Monitor Notable Pairs
Tokens that have high volatility and a spike in trading activity are showcased in the “Notable Pairs” section.
Try to find meme coins which have low market capitalization but high trading volume as these are good signs in early-stage development.
Examine The Liquidity Pool
Each token’s liquidity pool size as well as its activity should be checked. A well-funded liquidity pool like (e.g. >20 ETH), significantly reduces the chances of scams as well as makes liquidating trades much easier.
Avoid tokens with minimum locking period of liquidity less than six months as this is a typical sign of rug pulls.
Monitor Whale or Smart Money Activity
The wallets of traders with above average success can be tracked thanks to DexScan featuring “Top Traders”.
Wallets which have invested in popular meme coins like DOGE or SHIB are good follows having spotted early chances.
Monitor Specific Activity
Set alerts for price, volume and new token listing via DexScan Telegram bot or app notifications.
This allows you to seize an opportunity without the need to always keeping an eye on the platform.
Important Metrics to Assess Meme Coins on DexScan
Making trading easier and minimizing slippage requires 20 ETH in Liquidity Pool Size.
Number of Holders: Usually, projects with less than a hundred holders are regarded as scams. Search for coins that have an increasing and more diverse holder base.
DEXT Score: Low scores within the range of 50 and below indicate higher risk, while a score above 80 suggest low risk.
Community Engagement: Look for organic growth and active engagement on social media, especially Twitter and Telegram.
Developer Transparency: Check the team’s credibility on LinkedIn and GitHub to ascertain their credibility.
Risks and Recommendations
Meme coin investing is incredibly volatile, while DexScan is undeniably a great tool. Following are some recommendations to lower your risks:
Portfolio Diversification: Allocate between 5 to 10 percent of the entirety of your cryptocurrency holdings to meme coins.
Scam Prevention: Be wary of the absence of a whitepaper, anonymous teams, and exaggerated claims.
Strategic Profit Withdrawal: To secure profit, use trailing stop losses and stagger your exits.
How to Identify Popular Meme Coins Before Anyone Else
There is always a failure rate among meme coins. Some are bound to die especially in an oversaturated market where there is a new meme coin being released almost instantly every day.
Once you know how to find attractive meme coins before they become popular, the chaos makes a lot more sense. It’s important to conduct proper research and invest time into evaluating key features associated with promising projects. So, let’s get into it!
Online Engagement and Community Buzz
For every successful meme coin, there is an active community that fuels its growth. Look out for the size of the community and activity levels. Consistent appearances on platforms like Reddit and X signal that people are willing to support the coin’s growth.
Those who are undecided as to whether a meme coin has value or not can use social media as an answer. Platforms like LunarCrush and Social Blade will allow a user to analyze a coin’s social mentions and engagement to form an overall sentiment.
An active and passionate community serves as the bedrock for sustainability. Meme coins with fervent followers—such as Dogecoin fans (known as the DOGE Army)—will see a far better yield due to fanbase support during market volatility.
Conclusion
If you are looking for meme coins that haven’t yet exploded in popularity, DexScan is a must-have tool. Its real-time analytics, advanced filtering, and smart money tracking features allow users to get a head start at identifying those high-profile projects before they trend.
Regardless, exercise caution when investing in meme coins as they are often unstable and speculative, which necessitates diligent research and risk management.