Although the broader cryptocurrency markets stall or splutter, 2023 has been a year of meme coin success. Meme coins like Shiba Inu and Pepe have outperformed many other cryptos. To get a good return on upcoming fan-driven cryptos like these, the trick is to find new meme coins early but really research these risky opportunities.
There are a few ways to garner clues to what the next big meme could be, such as using social media, leveraging analytics tools, and spotting fast-moving presales, and they’re summarized in this article to kick off any meme coin search.
The Best Ways to Find New Meme Coins:
Follow social channels and trends: A meme coin’s success is often led by its supporting community, so check out the crypto chatter and the upcoming meme’s community, as it’s often possible to find a meme coin early. Identify high-return presales: If a crypto meme presale appears to be selling out fast, it’s a potential indicator of future success. It could be time to research the meme coin further. Remember, presales are risky. Leverage tools like CoinCodex, DEXtools and Debank: New cryptos won’t always be on exchanges, but analytics tools and data providers like CoinCodex, Dextools, and Debank can provide clues to the next big meme. Track blockchain activity: What are other meme hunters buying? Learning and tracking blockchain activity using tools like Etherscan and Lookonchain can reveal which memes other investors are backing.