The surge in memecoins has led analysts and traders to project growth and trading strategies amid market volatility. A memecoin trader shared trading strategies for users and his memecoin watchlist.
Rekt Fencer, a trader who made millions of trading memecoins wrote on X (formerly Twitter) on his trading techniques from Solana memecoins. After making millions from the trending memecoins this year and receiving several community requests to share strategies, he highlighted eight key points.
Avoid Memecoin Rotation
First, users are to avoid the rotation of funds between tokens. While the move to rotate funds can pay off, it comes with high risks as many tokens will eventually fall off. An example is the case of BODEN where many investors sought other assets that plunged in a day but BODEN maintained a bullish firm marking gains in 30 days.
Secondly, the use of sniper bots comes in handy for most users. Fencer explained that most sniper bits don’t break sound barriers but are effi
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