Dexscreener / Solana Meme Coins

[david678345]

Hi what filters do you use in dexscreener to find potential rugpulls or detect coins that are not a good option to scalp?

And what is the minimum amount to start trading these solana meme coins?

I know that in exchanges like mexc, bitget and I know I can start trading with less than 1dollar...but

so can I open a position and set a SL and lose only 10 cents for that trade?
..like you can do in mexc bitget etc¿

And is it possible to short these solana meme coins?

[nelson4lov]

Hi what filters do you use in dexscreener to find potential rugpulls or detect coins that are not a good option to scalp?

The only significant things I've seen pro shitcoin traders look out for is locked liquidity and if there are holders with a large percentage of the total supply. If there is, then it's a no no. Also, if liquidity isn't locked too.

And what is the minimum amount to start trading these solana meme coins?

I haven't tried it yet but you can do with as low as $2. I have tried personally. I haven't tried $1 or less. Another important think to note is that you can only use such amount on solana. On Ethereum Mainnet, it won't work because gas fee is usually above $1.

I know that in exchanges like mexc, bitget and I know I can start trading with less than 1dollar...but

Depends on the exchange. No two exchanges are the same. You have to check their FAQ and terms of service too. On binance, your trade needs to be a minimum of $10 on either side (buyer or seller) if I remember correctly.

Can I also start trading these altcoins that you find in dexscreener for less than 1 dollar?

On Solana, looks possible to me. Like I already said, I have only tried a trade with $2 and above. The one time the amount traded was $2 was because the price of the memecoin had dropped over 98% and the $2 was the only piece I could salvage.

And is it possible to short these solana meme coins?

Only if an exchange lists them on perpetual futures. MeXC and Bybit are some of the exchanges that lists memecoins on futures from time to time.
 

[makishart]

Hi what filters do you use in dexscreener to find potential rugpulls or detect coins that are not a good option to scalp?

No filters, just try to use your feeling, and try to look at the contract first, but play hit and run. if you already get decent profit then go out.

And what is the minimum amount to start trading these solana meme coins?

No minimum amounts but i recommended you around 10 -20 bucks.

I know that in exchanges like mexc, bitget and I know I can start trading with less than 1dollar...but

Can I also start trading these altcoins that you find in dexscreener for less than 1 dollar?

CEX will not allow you to trade less than 1 dollar, there will always be a minimum amounts to be traded, but dex will allow you to do that.

And is it possible to short these solana meme coins?

Impossible since dex was not supporting the prepetual or futures market for the new tokens issued in the blockchain.

[shinratensei_]

Always use the intel feature in dexscreener like this one below



it's really useful to find out whether the contract doesn't comply with the standard protocol and also find out whether there's backdoor in the contract where the devs can use to rugpull or to tinker around with the contract code.

other than that, just see the token contract in the blockchain explorer such as solscan if the meme coin is in sol and see the token holder section, if there are some addresses that holds big percentage of the total supply, big chance it is a malicious meme coin probably gonna rugpull you.

there's no minimum generally for a trade in DEX but always judge whether it's worth it by seeing the transaction fee. in regard to shorting these meme coin, if the market cap is low and not popular, forget it, no perpetual platform will be interested to create perpetual market for these, so don't bother but if the meme coin you're trading is big and famous enough just check it out in various dex, for example in jupiter => https://solana.com/ecosystem/jupiteraggregator

[dansus021]

There is a bunch of checker out there you can simply google it by using honeypot checker and found the token is honeypot or not.

Dexscreener like shinratensei said is the best tool for this, tho playing with memecoin is already a high risk so you need to carefully before buy.

For me I just open dexscreener and open liquidty tab if all burned usually safe

One more thing you can use an burner wallet, a wallet that design for memecoin with small amount of money

[riyan96]

I’ve done a few $2 trades through a DEX like PumpSwap, and it went through just fine since the fees are ultra-low on Solana. Just make sure the liquidity isn’t too thin or you’ll get wrecked on slippage. As for shorting, haven’t seen any legit options for that unless the token somehow ends up on a bigger exchange with futures.

If you’re launching your own token or holding some that are under the radar, one strategy to watch is using trading bots to enhance liquidity for Solana-based tokens. Some guys are using that to get their coins popping on PumpSwap trend lists.