memecoins aren't just a "scam." they're a real opportunity, if you know what you're doing. this is everything you need to start.
you don't need to master these yet. just recognize them when they come up.
a public logbook of every transaction. transactions fill a "block," validators check and approve it, then a new block starts. on and on, a chain of blocks.
your crypto account. it holds your tokens and signs your transactions. phantom is the easiest place to start on solana.
a digital asset. every memecoin is a token on solana. its price is just what people are willing to pay for it right now.
the small cost of every transaction, paid in sol. think of sol as the fuel for the car. no sol, no trades.
the money sitting in a coin's pool that makes buying and selling possible. you don't trade with a person, you swap with the pool.
the price moves while your order goes through. bigger buys in a small pool move the price more, so you get a slightly worse fill.
"only the paranoid survive."@spyzer, a complete meme coin guide
three tools and you're ready to trade.
any amount is fine to start. download phantom, write your seed phrase down on paper, and send sol to your wallet address.
most coins launch on pump.fun. bonk.fun and stonk.fun are the other big launchpads.
terminals show the live chart, holders and dev activity, and fill your orders fast. pick one:
most solana memecoins are born on pump.fun. anyone can launch a coin in seconds, and anyone can buy it from the first minute.
someone creates a coin with a name, a picture and a story. it costs almost nothing.
early on, the price follows a curve: the more people buy, the higher it goes. this is where it's cheapest, and riskiest.
once enough is bought, the coin "graduates" to a real trading pool. that's where big runs happen, and where most coins die.
why do some coins go to a billion while others die at 50k? the guide's answer is simple: attention drives value. the earlier you spot where attention will flow, the more you can make.
an abandoned baby monkey who clung to a stuffed orangutan went viral, elon interacted with it, and early buyers of the coin turned small bags into life changing ones.
a baby pygmy hippo went viral in september 2024, big brands started posting her, and the coin ran to around 600M market cap.
animals, news, tech. they run when the internet pays attention. you win by spotting what's getting attention before the coin catches up.
a famous person launches a coin. it rarely makes sense on paper, but you don't have to agree with the market, you trade with it.
a funny picture, joke or idea that people share. easy to get, easy to spread. sometimes a simple meme is all it takes.
finding a good coin is only half the game. how much you put in, when you take profit and when you cut losses is where most people actually lose. trade management matters more than your entry.
why are you buying, and what would make you sell? if you can't put it into words, you don't have a trade, you have a feeling.
how big is this compared to your whole wallet, and how sure are you? answer that before you click buy, not after.
price dumps, the group chat panics. ignore it and ask: is my original thesis still intact? if yes, hold. if no, act.
"if you are up a lifechanging amount of money, take profits."@spyzer, a complete meme coin guide
a simple split to start with. not a rule, just a smart starting point.
small entries. a few small buys beat one big ape.
reserve. your second chance after the first lesson.
fees. keep some sol for gas and priority fees.
follower count tells you almost nothing about trading ability. one lucky trade from $200 to $1M, posted ten times, builds a bigger following than years of good calls.
follow someone for a while and see how their calls actually turn out. that's the only real test.
posts a coin at 100k, it pumps, then nukes to zero and the post disappears? that's your sign to block.
big numbers can be bought. a huge following with weird, bot-like replies is a red flag.
most people who get drained aren't stupid. they're one careless moment away from someone paying close attention. know these:
look identical to the real thing, with a tiny difference in the url. type urls yourself or use bookmarks.
someone dms you as wallet or exchange support and asks for your seed phrase. real support never will.
they find you in a community and send a link to a "new project." it's a drainer.
a dev or kol you trust gets hacked and posts a contract address. verify through more than one channel.
a perfect chart that only goes up. you buy, then find out selling is blocked.
tokens you never bought appear in your wallet. don't touch them. interacting can trigger a drain.
most terminals have referral programs. when someone signs up with your link, you earn a share of their trading fees.
sign up on a terminal and grab your referral link.
share it with friends who want to start.
earn a cut of their fees while they learn.
this site is the short version. the full guide goes deep on finding trades, reading charts, psychology, money and staying safe.