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EHMJ
@ehmj2527
Today want to take note of my experience playing SOL memecoins: The two most important tools are GMGN and PUMP: GMGN is used for tracking and trading on the PUMP platform. PUMP is a market where retail investors can mint tokens, commonly referred to as meme coins. It offers a streamlined service from token creation to liquidity management. When a token's market value reaches $69,000, liquidity is automatically added to Raydium, marking the token's launch. The key to success in PUMP is market insight and timely reactions to positive external news. Important terms include DEV (token deployer), Rug (scam), Whale (large buyer/seller), and Mouse Warehouse (wallets with early tokens). Players must navigate a market driven by hype and low deployment costs, making quick and informed decisions crucial.
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