A Guide for Spotting Meme Coins and High-Potential Investments for Cryptocurrency Investors

Crypto analyst BlackbeardXBT has published a guide on how to identify meme coins like Shiba Inu (SHIB) and Pepe (PEPE) early on before they go viral on social media. Blackbeard recommends using the price analysis platform Dexscreener to find these coins. Users can choose the chain they want to buy coins on and then navigate to the 'New Pairs' tab, where newly created coin pairs are listed in real time. Blackbeard advises avoiding trending coins that can be easily manipulated and instead using the 'Filter' tab to narrow down the options. Important attributes to consider include liquidity, fully diluted valuation, pair age, and 24-hour buy and sell activity. After applying these filters, Blackbeard suggests looking for coins that cater to a trending or upcoming narrative. Further research is necessary, such as visiting the project's website, checking the team and community, reading any available papers, and reviewing social media and charts. It is important to exercise caution and only invest what one can afford to lose, as there are sophisticated scammers creating legitimate-looking projects in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news