Original post by @althunter31
Original source: Twitter
Note: The original text comes from @@ althunter31 posting a long tweet.
One day in the currency circle, one year in the world, in fact, only one month has passed since the outbreak of the MEME narrative. Lots of people caught $Pepe $AIDoge $FLOKI , but unfortunately I missed it. Just like trading needs to be reviewed at all times, chasing hot spots also needs to be done.
This article is a replay of this round of MEME narrative, with anti-fraud tools. I hope that everyone will be in the car when the next narrative breaks out.
1. This thread will discuss the following topics:
How the MEME narrative started and exploded
Example: some smart money addresses with a small investment but a high return
How to Prevent Scams & Anti-rug Tools
2. How did the MEME narrative start and explode?
Just a month ago, it all started with $AIDOGE sending an airdrop to the addresses that received the $Arb AirDrop , and the price of $AIDOGE reached $75 on April 17th.
The hype spread like wildfire and set off a market chain reaction, with other meme projects following suit.
3. In just a few days, $Aidoge multiplied 10 times due to hype, and its AirDrop value exceeded $700.
Around the same time, $Pepe launched and gained the attention of the $ ETH community. Some smart money (or insiders) began to quietly lay out.
4. $Pepe and $Aidoge became the leaders of this MEME narrative, now let’s explore some smart money addresses who quickly took advantage of these meme coins and trends and made a very handsome profit in a few days.
5. $LADYS :
0xf94c invested 4.78 $ ETH two hours before Elon Musk tweeted about milady .
Then $LADYS doubled 30 times (Musk’s tweet deserves a separate alarm), and he earned 156 $ ETH
https://twitter.com/elonmusk/status/1656326406618619910… _ _
Wallet : https://debank.com/profile/0xf94c23ec012d08b58d0a689ab45e3992dd43af00/history _
6. $Turbo Presale: Let’s look at an example of a $Turbo presale buyer who made a fortune with only 0.26 $ ETH . It all started with the experiments of Rhett, who created $Turbo using GPT-4 and released it. On the fourth day, Rhett announced the crowdfunding plan of $turbo by providing participating addresses.
7. 0x24b2a sent 0.26 + 0.12 ETH to crowdfunding address 0x211D on April 27. On April 29, this address received an allocation of $Turbo from the pre-sale address 0x21 . He then added Liquidity on uniswap and swapped some $turbo for $ ETH and moved the rest to other wallets.
8. This pre-sale he directly received $Turbo which can be exchanged for more than 1000 ETH... You can track the transaction here (make sure to use $Turbo in the filter) https://debank.com/profile /0x24b2 a186e776b0352ebf6f789574eeed024448c8…
9. $MONG : 0x54dd made 3 transactions on April 26, buying a total of 4.8 trillion $MONG on uniswap with 0.2 $ ETH . These $MONGs are now worth $408,343, a return of more than 900 times Wallet:
10. Don’t be jealous of these addresses, there are still some security issues to be aware of: -Less FOMO: not everyone can make considerable profits through small investments -Be careful of becoming a panderer: people who have coins in their hands will sell them , when you want to enter the arena, you might become their taker
11. Recently, more than 100 MEME coins are released every day, be careful of RUG. Don't forget to take profit, most of the currency doubled is enough.
12. The characteristics of some junk project coins: - can only be bought but not sold - most of the coins are concentrated in a small number of wallets - low Liquidity- no Liquidity lock.
13. You can use https://honeypot.is to initially check if the coin is safe.
-Paste the contract/token address to https://honeypot.is
-Click "Check for hoeny"
- If it shows Warning, don't trade the token.
14. You can also:
-Visit: https://dextools.io/app and enter the token contract address;
- Check the Liquidity to ensure that a large amount of Liquidity is locked;
- Assess the number of token holders, if there are few, it may indicate a potential risk;
- Check the trading volume, the higher the better; - Check the DEXT score, the score is higher than 70-80 before deciding whether to invest.
