Will Memecoins Trading Ever Be Less Risky?
Will Memecoins Trading Ever Be Less Risky?
For outsiders/non-dev like myself and most of you out there, the degen trait will always compels us to trade some memecoins especially if you have been lucky with one.
But I always try to see better ways to spot the worthy memecoins early and also avoid the rugpulls. i bet everyone does. Dexscreener has been a handy tool for this over the years and some DYOR were needed to cross the line…
Ultimately though, its the gut feeling that works for me even after i get the green light…
After updating my Bitget app just two weeks ago, i saw a Seed AI feature which i explored. it seem to filter the entire memecoin space and select the most promising ones based on contract security, trading activity, liquidity etc…
Basically the things i would do manually with DYOR. i was able to spot UFD a bit early given that i didn\’t know anything about it until i saw it there. The whole buying process is simplified too…
If anything, it narrows down my search cos i would have gone through more DYOR on Dexscreen before i probably found it.
Either way, do you guys think tools like these can help memecoin Degens?
Yes definitely they can. I dont believe they can replace educated intuition though from the buyer however.
You get a feel overtime but even then nothing is 100% safe.
Risk/return. If you want to make 4% per year, start a savings account. I am here for the lambo gains and want massive volatility and 1000% gains