Want to seize opportunities in the memecoin market? This methodology can help you avoid detours.

First, learn to scan chains and scan social media—this is the foundation for discovering new opportunities. By analyzing on-chain data and social media hotspots, you can more quickly identify projects that are fermenting. Once you spot a hot market, the key is to search for contracts with the same name, to distinguish authenticity and popularity.

But exploring on your own is too slow. Tracking skilled KOLs is important, as their coin selection logic can often inspire you. If you miss the leading project in a market cycle, don't be discouraged. Learning to identify opportunities in second- and third-tier projects can also be profitable. This requires mastering the skill of tracking smart wallets—observing the actions of large on-chain holders, which can often give early signals of the next wave of opportunities.

On the tool side, GMGN's on-chain analysis features and ultra-fast trading capabilities make this entire process more efficient. From chain scanning to placing orders, everything can be done on one platform. Of course, the premise is that you understand the logic behind each step—tools are just aids.