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Meme Coin Traders Basic Guide..
Things to look out for when trading meme coins..
DYOR—check community hype on X/Telegram, vet contracts for scams using Rug Check, and avoid vague projects.
Timing: Snipe new launches with bots like BonkBot, buy dips, avoid all-time highs, and track prices on DEX Screener.
Bankroll: Risk 1-5% per trade, diversify across low-cap coins, and don’t go all-in.
Profit-Taking: Sell at 2-3x to recover capital, use trailing stops, and exit in chunks.Tools: Use DEX Screener, BullX, or MevX for analytics; copy trade via MC² Finance.
Hype & Dumps: Ride social media momentum, skip copycat coins, and beware KOL pumps.
Stay Online: Join Telegram/X/Discord for alpha and track trends via X’s “Following” tab.
Risk Management: Set stop-losses, watch for rug pull signs (e.g., dev wallets), and accept most meme coins are scams!
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