#Memecoin farmers (scammers) are making $10k-$100k+ per meme
It’s very likely you have been a victim too
Here’s how they target you (and how you’ll avoid their trap next time)🧵
Their first move is always figuring out your memecoin trading habits.
They know the things you're looking for:
- Is it funny?
- Does it have good volume?
- Is my favorite KOL shilling?
- Holder count growing?
- Website, X, TG...ETC
A funny memecoin & website is very easy to make.
Landing an X account with celebrity follower is also easy ($100-$500)
But how do they fake on-chain metrics?

It’s mostly these three tools:
- Sniper bot
- Transactions bot
- Volume bot
They might add a few more, but these are the essentials.
Here’s how they skillfully use them to deceive you.
They’ll use a sniper bot at launch to accumulate a massive token supply (usually split across 5 to 20 wallets so it’s less obvious).
But that alone isn’t enough, they still need to boost volume and holder count.
How? A volume bot.

They set up 10+ wallets to buy & sell random shitcoins.
Check for wallets with large total buy and sells, but small profit.
They also know you'll check if holder count is growing.
So, they spread a small amount of SOL across 100+ wallets, placing tiny buys to inflate numbers

Once the perfect scam has been laid out, they dump on you.
They will use bundled-sell bots with high-priority settings & big bribes to drain all liquidity.

The crazy part is that farmers pull this off for as little as $0 to $6k (if they’re aiming to stay unnoticed).
I found some of the tools they use, but obviously, I can’t share them, it would just equip more scammers.
The priciest tools are almost undetectable.
If they are undetectable, how do you avoid getting scammed?
Check for:
- High sniping/bundling activity (look at who funded top holders)
- Fake trading volume (check top traders)
- Fake holder accounts (freshly funded, holding only one token)

Also, don't fall for:
- 'Creative' websites
- High following on socials + celebrity followers
Using these tips, you can avoid most of these memecoin farmers.
Will be dropping some tools you can use to check these in the next thread so stay tuned.
Everything in this thread is my personal view and is not financial advice.
For more alpha threads, my trades, calls & whale wallet tracking:
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I hope you've found this thread helpful.
Follow me @DamiDefi for more.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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