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Author Topic: The Meme Sniping Trend on Raydium and Solana: Let’s Discuss!  (Read 434 times)
MemeInSight (OP)
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March 15, 2024, 12:14:22 PM
 #1

One new trend that I see that is gaining traction is Meme Sniping on Raydium... more specifically the Solana Network. I find it weird that there is no such discussions on this trend happening on Bitcointalk and wanted to obtain thoughts from other users on this.

What is Meme Sniping?

  • Meme Sniping involves swiftly grabbing newly listed meme tokens as soon as they hit the market. It’s like catching a wave in the crypto ocean – but with profits!
  • Unlike traditional cryptocurrencies, meme coins often lack established utilities and roadmaps. They thrive on community-driven speculation, making them both exhilarating and risky.

Raydium and Solana:

  • Raydium is a decentralized exchange (DEX) built on the Solana blockchain. Solana’s low fees and fast transactions create an ideal environment for meme trading.

Impact on Meme Trading:

  • Liquidity Surge: Solana’s liquidity surge has fueled meme coin trading.
  • Risk vs. Reward: Meme sniping can lead to exhilarating gains or potential losses. It’s a game of rug, loss, or victory.

Your Thoughts?

  • Have you participated in meme sniping on Raydium or Solana?
  • How do you manage risk while sniping meme tokens?
  • Is this trend short-term speculation, or do you see long-term potential?
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March 15, 2024, 12:44:56 PM
 #2


What is Meme Sniping?

  • Meme Sniping involves swiftly grabbing newly listed meme tokens as soon as they hit the market. It’s like catching a wave in the crypto ocean – but with profits!

You never wrote on how we as forum members can do it. I am personally not aware of this concept but I would love to hear from you as with your input I could become a millionaire. Please write a piece of detailed information on how to do it as I do not want to search google for such tactics.



Raydium and Solana:

  • Raydium is a decentralized exchange (DEX) built on the Solana blockchain. Solana’s low fees and fast transactions create an ideal environment for meme trading.


I knew it is a shilling post and I know such posts are not worthy enough in times when AI content creation is the primary tool used by marketers like you. You would come up with an excuse if you respond but do not forget that low-level marketing strategies are not working in 2024.
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MemeInSight (OP)
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March 15, 2024, 01:00:53 PM
 #3



Raydium and Solana:

  • Raydium is a decentralized exchange (DEX) built on the Solana blockchain. Solana’s low fees and fast transactions create an ideal environment for meme trading.


I knew it is a shilling post and I know such posts are not worthy enough in times when AI content creation is the primary tool used by marketers like you. You would come up with an excuse if you respond but do not forget that low-level marketing strategies are not working in 2024.


Lol what has Bitcointalk become these days. Dude if you have nothing to contribute what are you over here rambling about with remarks and speculations based on 0 IQ reasonings.  What project would I be shilling? This is a trading discussion thread I am providing a overview of what Meme Sniping is for those who do not know and provide a overview as well on the most popular platform being utilized for this at the moment as well.... what is this your reply is so cringe.... I guess in a trading discussion thread we can't mention other coins as well without it being a shilling post.... this post is a serious discussion thread based on a current trend that is not being talked about on Bitcointalk and if you do not wish to participate in such discussion by providing insight on this trend then please don't waste time responding. There are many different DEX to my knowledge that can be utilized for this and as per research the reason this trend is happening is due to low fees and fast transactions that blockchains like Solana can provide compared to Ethereum... Jesus please take the wheel...

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March 15, 2024, 01:08:09 PM
 #4

~Snipped

Your Thoughts?

  • Have you participated in meme sniping on Raydium or Solana?
  • How do you manage risk while sniping meme tokens?
  • Is this trend short-term speculation, or do you see long-term potential?

— I have bought some memes in the past directly from Raydium but I don't think it's the same as the "sniping" that you're talking about.

— I don't think MEV is a major risk in solana. Right now, I just use this TG bot that everyone uses to manage my trades. LMK any other tools I should be aware of.

— I've never liked solana but I feel this might actually be a big deal or that this thread is here to stay. Considering the costs of using ETH Mainnet is around 1000x more expensive than Ethereum, it reinforces my beliefs. We might even see a flippening as all retail gather on solana.

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March 15, 2024, 01:51:39 PM
 #5

  • Is this trend short-term speculation, or do you see long-term potential?

always place memecoins for the short term. although we don't know the potential of a particular memecoin in the future. but we have to minimize the risk when we want to invest in memecoin. never put more of your money in memecoin. especially when you see something has fallen and you still hope it will come back in the future.
not all memecoins will survive in the long term, and not all will have the same fate as dogecoin.









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March 15, 2024, 03:21:18 PM
 #6

  • Is this trend short-term speculation, or do you see long-term potential?

always place memecoins for the short term. although we don't know the potential of a particular memecoin in the future. but we have to minimize the risk when we want to invest in memecoin. never put more of your money in memecoin. especially when you see something has fallen and you still hope it will come back in the future.
not all memecoins will survive in the long term, and not all will have the same fate as dogecoin.


Thank you for the response I appreciate the insight while I do understand your speculation and while it is true memecoins in and of itself pertaining to a particular coin is more for short term investments the question is directed to the new trend of meme sniping and what is happening right now in this environment with thousands of memecoins being created daily for trading ATM offering multiple and multiple of coins to trade daily for short term profits.
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March 15, 2024, 04:48:42 PM
 #7

Meme Trading has not become popular and achieves many profits, just as it was in the past. There is no opportunity to seize it or search for it, but rather some meme coins are pumped randomly every once in a while, and if you are lucky, you will achieve profits, and if you invest in all meme coins, you may achieve losses, as there is no guarantee that they will rise. One of those meme coins so there's not a lot of discussion about it.
If the price of Dogecoin returns to moving quickly, I think Raydium could have some positive movement.

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MemeInSight (OP)
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March 15, 2024, 06:24:13 PM
 #8

Meme Trading has not become popular and achieves many profits, just as it was in the past. There is no opportunity to seize it or search for it, but rather some meme coins are pumped randomly every once in a while, and if you are lucky, you will achieve profits, and if you invest in all meme coins, you may achieve losses, as there is no guarantee that they will rise. One of those meme coins so there's not a lot of discussion about it.
If the price of Dogecoin returns to moving quickly, I think Raydium could have some positive movement.

I would say it is indeed gaining popularity again and more so on faster moving networks, I see a large amount of people trading a vast variety of coins per my speculations there are about 2,880 tokens being listed on Raydium itself per day, that is huge.. huge it is.. most coins last 30 minutes being worthy of trading out of 2,880 I can estimate that about 100 at least are successfully being pumped and dumped... that is 100 opportunities to make 5x-20x gains being realistic within minutes I do also understand that the norm right now is utilizing bots to place a small amount of funds into each newly listed coins so about 70% of these coins are providing gains within the first 5 minutes before being dumped and from there is the small selection of the 100 coins that continue to be pumped for a longer amount of time depending on market movement.
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March 15, 2024, 06:29:07 PM
 #9

It's the most amusing(yet at the same time idiotic) thing I've been doing since a month ago. The trick is to just pick the right ones — the ones you'd think people will think is funny(the stupider, the better). Of course though, I'm using decimals of my total portfolio lol.


I knew it is a shilling post and I know such posts are not worthy enough in times when AI content creation is the primary tool used by marketers like you. You would come up with an excuse if you respond but do not forget that low-level marketing strategies are not working in 2024.

This isn't a shill post as Raydium is a pretty well-known protocol in the Solana(and crypto) space. It's like the SushiSwap of Solana. And I doubt anyone would try to shill a $480 million marketcap protocol on Bitcointalk lol it would be useless.

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March 15, 2024, 06:43:09 PM
 #10

  • Have you participated in meme sniping on Raydium or Solana?
  • How do you manage risk while sniping meme tokens?
  • Is this trend short-term speculation, or do you see long-term potential?

1. No, I'm not a fan of meme coins in general and I don't have extra cash that I can throw at their developers to sip pina colada with while enjoying the breeze on a beach in some corner of the world.

2. I don't take such risks and I believe one should only take calculated risks when making investments in cryptocurrencies a calculated risk is when you invest in a cryptocurrency that you know has the potential to perform and you are not gambling with your funds on a token with no utility at all.

3. Meme coins are not for the long-term, and it's a fact. So even if the name "meme coin" stays around for long, the same meme coins would barely be around for very long, in my opinion.

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March 15, 2024, 07:30:22 PM
 #11

Currently many meme coins with Solana network become more popular and success listing on the top market, but still have risk with some meme Solana coins failed list on the CEX exchange easily for developer removing the liquidity. Keep be careful when investing in meme coins with Solana network,
so far I don't get the early news with Solana meme coins because its first time launching have large profitable earn than after becoming hype or price pump drastically.
I want to know which one recommended side to know with new meme coins Solana network launching to public, some meme coins have been late for investing because market cap raise drastically and price have pump, maybe OP can share his telegram channel discussing with meme Solana network coins.

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SPIN

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livingfree
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March 15, 2024, 07:40:54 PM
 #12

Have you participated in meme sniping on Raydium or Solana?
I've tried doing this in Solana because it's the trending chain with meme coins.

How do you manage risk while sniping meme tokens?
With the amount that I can afford to lose.

Is this trend short-term speculation, or do you see long-term potential?
Since I have no success in doing this. This is just for short term, if it's for the meme coins, you don't expect them to thrive in the long run and that's why you have to be wiser with the profit that you make from it.

Because if you don't, you're going to miss the profit that you should make from it. You convert your profit from these coins in the short term into a longer term like Bitcoin.

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March 15, 2024, 07:49:41 PM
 #13

This isn't a shill post as Raydium is a pretty well-known protocol in the Solana(and crypto) space. It's like the SushiSwap of Solana. And I doubt anyone would try to shill a $480 million marketcap protocol on Bitcointalk lol it would be useless.

Thank you... how am I going to shill Raydium plus I have mixed feelings with the Raydium team rn as they banned me from discord also due to sharing a project with no form of income ATM which speculates on their project  Huh.... if someone from the Raydium team sees this I expect to be unbanned my Discord tag is UnruffledST  Grin

I want to know which one recommended side to know with new meme coins Solana network launching to public, some meme coins have been late for investing because market cap raise drastically and price have pump, maybe OP can share his telegram channel discussing with meme Solana network coins.

— I don't think MEV is a major risk in solana. Right now, I just use this TG bot that everyone uses to manage my trades. LMK any other tools I should be aware of.

Due to requests I will be sharing my Telegram links

https://t.me/MemeInSightAlerts - Telegram Supergroup utilized to provide Alerts and Announcements
https://t.me/MemeInSight - General Chat revolved around members who are involved in the Meme Sniping scenes.

Again the first Telegram link is only providing Alerts of newly listed tokens on Raydium, ATM new features are being worked on to be added. You can join at the time if you want to so that you are notified of when these new features are available such as your concerns we will be providing the top trending coins and insight of new coins which may have value.

Note:

The Bot is currently under maintenance ATM and will resume activity within the next couple of hours.
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March 15, 2024, 09:59:00 PM
 #14


Due to requests I will be sharing my Telegram links


Alright. I checked out your TG, still small but looks good. I have a suggestion for the newly listed coins channel, you want to include a link to dexscreener for the token rather than have your users trying to find where the token CA which will inevitably lead to a scam. I know it's still a work in progress but a feature like that is a must-have.



I miss the good old days where all the alphas originated from Bitcointalk (ICOs, sales, etc) through Announcement threads. Now, it's all about closed chats, insider communities, etc. Even worse, you only get the alpha when it is already diluted beyond belief.

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March 16, 2024, 02:33:45 PM
 #15


I would say it is indeed gaining popularity again and more so on faster moving networks, I see a large amount of people trading a vast variety of coins per my speculations there are about 2,880 tokens being listed on Raydium itself per day, that is huge.. huge it is.. most coins last 30 minutes being worthy of trading out of 2,880 I can estimate that about 100 at least are successfully being pumped and dumped
100 chances out of 2,880 tokens is not a good guess. You need $30,000, for example, to put $10 into good projects. If you are lucky and invest in 500 projects for $60, even the profits that 100 projects may achieve will not be high unless you plan to guess and be lucky.
I will follow your channel on Telegram, but it is better to share coins you invested and the return on investment for the last 3 months to see the percentage of profits.

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March 17, 2024, 12:08:03 PM
Last edit: March 17, 2024, 12:19:04 PM by pakhitheboss
 #16

Lol what has Bitcointalk become these days. Dude if you have nothing to contribute what are you over here rambling about with remarks and speculations based on 0 IQ reasonings.  

I asked you a simple question and you started by degrading me and trying to prove that I am a degenerate. I do not understand what made you think that I am asking you something which states my IQ. Are you serious about what you wrote then I am not sure what I should reply as your way does not work in the real world. Can you come up with proof that you have done your shit?

What project would I be shilling? This is a trading discussion thread I am providing a overview of what Meme Sniping is for those who do not know and provide a overview as well on the most popular platform being utilized for this at the moment as well.

I read your blah blah! If you have done it with a named DEX then come up with proof and then we will discuss whether shitcoin sniffing works or not. Do not come up with a concept that you have read and post it here unless you have proof. I have never done it as it is practically impossible on any DEX that is known to be slow and will never try it once as I do not want to sniff shit. Grin

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March 17, 2024, 05:09:22 PM
 #17

Swiftly grabbing meme coins/tokens that is published so you can sell later on seems like not a great idea. I am not saying it is not, I am just saying it doesn't feel like that. In the end, we could just see how it could be done and we could see that people are doing it, so some must be profiting if it is famous, I assume not a lot, but at least a few people are making profit from this. Can we do the same as they did? Not entirely sure, we would probably make a loss if we try it, but at least it is something that will get bigger with time.

I think the best thing to do in this case would be just letting it be, and then we could grow bigger with something much better, and not something like a meme coin which is not a good investment.

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March 17, 2024, 11:00:26 PM
 #18

I read your blah blah! If you have done it with a named DEX then come up with proof and then we will discuss whether shitcoin sniffing works or not. Do not come up with a concept that you have read and post it here unless you have proof. I have never done it as it is practically impossible on any DEX that is known to be slow and will never try it once as I do not want to sniff shit. Grin

Umm this thread is not created to state that Meme Sniping is a guaranteed concept for everyone to make a profit off of just like in anything else there are winners and losers, it is a trend that is going on ATM and in my belief I do believe this is here to stay long term this trend due to the way blockchains like Solana are allowing for such quick transactions.

This thread is purely to create a discussion around the trend as I do not see it talked about on here while it is being talked about outside of Bitcointalk, again your reply to me really makes no sense in a way because since the beginning because you still believe I am trying to shill something when I am trying to create a discussion for the Bitcointalk community to partake in... Thank you for providing your opinion on the topic. Smiley

Alright. I checked out your TG, still small but looks good. I have a suggestion for the newly listed coins channel, you want to include a link to dexscreener for the token rather than have your users trying to find where the token CA which will inevitably lead to a scam. I know it's still a work in progress but a feature like that is a must-have.

I miss the good old days where all the alphas originated from Bitcointalk (ICOs, sales, etc) through Announcement threads. Now, it's all about closed chats, insider communities, etc. Even worse, you only get the alpha when it is already diluted beyond belief.

Thank you for the input on my TG channel they have been taken into account, but I do not want to revolve this post around my TG as well at the moment I do want to provide a go to place for those interested or just now gaining knowledge of this trend to be able to read inputs on others who have been aware of this, or even get input on anything with awareness on this trend in general. I appreciate your response Smiley

Swiftly grabbing meme coins/tokens that is published so you can sell later on seems like not a great idea. I am not saying it is not, I am just saying it doesn't feel like that. In the end, we could just see how it could be done and we could see that people are doing it, so some must be profiting if it is famous, I assume not a lot, but at least a few people are making profit from this. Can we do the same as they did? Not entirely sure, we would probably make a loss if we try it, but at least it is something that will get bigger with time.

I think the best thing to do in this case would be just letting it be, and then we could grow bigger with something much better, and not something like a meme coin which is not a good investment.

When it comes to trading meme coins, one method is to grab newly listed tokens to then try to make a profit off of this is not guaranteed to make a profit in the long term but it is a method utilized, of course there are many other factors to be taken into account to make a profit in which others are utilizing just like any other form of trading but I do believe that there will always be a market for Meme Coins and even more now with DEX on top of blockchains like Solana allowing for the ease of trading them. I am a full supporter of coins that provide real value but at the end everything is community driven and we can't deny that there is a market for meme coins and the vast numbers of new meme coins being deployed by the hour supports this.

Just like gambling, meme coin is the most pure form of gambling when it comes to trading, but regardless of what you are trading there are always people who are making profits and those who who are not. Thank you for your input Smiley
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March 17, 2024, 11:34:48 PM
 #19

I participated in meme sniping using on jupiter through birdeye, but what can I say losing a lot of money i guess the winning of meme coin only for very few select people.
the problem with sniping on meme when people think they gonna make some good money with certain meme reality is that there are too many meme to snipe that sniping anything get generated are gonna be eventually ended up making your wallet empty.

to be fair though, most of the new meme coin that getting popular instantly gets high price and market cap, so thats that for a clue.
but i'm just kinda tired of sniping because only 1 of meme coin out of 10000 that actually gets meaningful increase let alone the one that become big like book of meme.
good grief that i invested some in apewifhat even though i know this coin is shit at least it recover me some money.

my overall take with this strategy is, don't do it if you don't toleate risk since so many shit coins right there.

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March 17, 2024, 11:42:33 PM
 #20



Alright. I checked out your TG, still small but looks good. I have a suggestion for the newly listed coins channel, you want to include a link to dexscreener for the token rather than have your users trying to find where the token CA which will inevitably lead to a scam. I know it's still a work in progress but a feature like that is a must-have.

I miss the good old days where all the alphas originated from Bitcointalk (ICOs, sales, etc) through Announcement threads. Now, it's all about closed chats, insider communities, etc. Even worse, you only get the alpha when it is already diluted beyond belief.

Thank you for the input on my TG channel they have been taken into account, but I do not want to revolve this post around my TG as well at the moment I do want to provide a go to place for those interested or just now gaining knowledge of this trend to be able to read inputs on others who have been aware of this, or even get input on anything with awareness on this trend in general. I appreciate your response Smiley


Alrighty, its my pleasure to contribute to the discussion. Are you trying to bring such things like memecoins discussions and alphas to the bitcointalk community? I think that's something that went extinct on the forum (not memecoins specific) but discussions centered around sales and early investing opportunities. As long it's not an outright rug, It should be good to go.

Keep up the good work and Goodluck with your product/project!

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