How to Spot if a meme is not a Pump and Dump (never can tell haha)

[lifeisnoteazy]

Saw this token called CSKY jump from $0.003 to $0.35 within hours now floating around $0.20. I’m not even surprised anymore but can’t lie, sometimes I wonder if there’s actually something behind these runs or if it’s just insiders flipping on thin liquidity.

Heard it’s connected to some “meme token incubator” concept, basically lets people launch meme coins without needing to code and the community votes on which ones move forward. There’s also something about keys and points involved but I didn’t bother looking too deep yet.

Anyone here actually understand how that whole model works? Or is it just another fancy label for the same old pump and dump cycle? Genuinely trying to figure out if it’s worth tracking or just one of those things you ignore after the first pump.

[avikz]

It's very very hard to say!

Right now, you can build a meme coin with a very low investment with the help of AI bots. Ask chatgpt and it will give you step-by-step support on how to build one. You do not need to be a coder. I think that's where memecoin fails the community. Visit places like cointool app, dx app, pinksale finance etc and you will be surprised how easy it is to launch a memecoin.

I believe majority of the memecoin owners just want to make money and run away. A very few of them find success and stay back. I think the main mindset of the creator is to make money and nothing else. So consider memecoins as gambling only.

[JeromeTash]

-snip-

99.9% are just pump and dumps. I traded memecoins at one point but just like the name. They are just joke coins. We have scammers who create tokens and do rug pulls every passing minutes and then there are actually "insiders". They before the pump and then dump it on other people once the pump takes place.

It's a huge gambling over there as everyone is looking to profit something out while the scammers are also waiting. If you want to follow memecoins. Don't take them too seriously.

[Odohu]

Saw this token called CSKY jump from $0.003 to $0.35 within hours now floating around $0.20. I’m not even surprised anymore but can’t lie, sometimes I wonder if there’s actually something behind these runs or if it’s just insiders flipping on thin liquidity.

Don't fall into the trap of thinking of buying that token because you will lose your money. It is a pump and dump token, they might be manipulating the price to attract people into thinking that they will make quick profits. When they reach the target they want, they will dump the token. I fell for something like this in the past, that was how I gained the experience that will be a pump and dump.

[Mpamaegbu]

OP, trying to spot a memecoin that isn't a pump and dump is like searching for a needle in a haystack. It's an impossibility now. Maybe in the past, the likes of Dogecoin would pass the test. There are just two sets of people who profit from memecoin projects – The developer and those who've assess to Insider information. There are even cases where those who think they've insider information also get scammed. I've a case where I participated in a presale of a memecoin where the person who brought it to a group I belonged as an insider was also scammed. He's a crypto influencer, and not just a regular Joe. Maybe he wasn't actually scammed, maybe he was. He could even be the developer. This space is a crazy place. Trust is a hard commodity here. It's a place where, "dogs eat dogs to survive" philosophy applies. Don't go near memecoins if you don't have the stomach for losses.

[Lanatsa]

It's very very hard to say!

Right now, you can build a meme coin with a very low investment with the help of AI bots. Ask chatgpt and it will give you step-by-step support on how to build one. You do not need to be a coder. I think that's where memecoin fails the community. Visit places like cointool app, dx app, pinksale finance etc and you will be surprised how easy it is to launch a memecoin.

I believe majority of the memecoin owners just want to make money and run away. A very few of them find success and stay back. I think the main mindset of the creator is to make money and nothing else. So consider memecoins as gambling only.

This one.

Making up altcoins is already that easy and providing liquidity with a very low amount of capital then you can start up or launch with your own meme coin, and since it is that easy to make then it would be that too easy to make out some rugpull projects and this is already that very known a long time ago with these meme coins. Its never been that recommended that you do make yourself that getting FOMO if you do then you would be having that possibility that you would be losing all the time with the money that you are investing into and thats why you should be that careful into this aspect.

Here's some tuts on creating a meme coin token based on SOL
https://www.reddit.com/r/solana/comments/194x5zz/guide_how_to_create_and_launch_your_own_meme_token/
https://www.youtube.com/watch?v=EdYdsbj1YVU&pp=0gcJCfwAo7VqN5tD

Here's some guide too.
https://www.bitbond.com/resources/how-to-create-a-meme-coin-a-step-by-step-guide/

This is why it would be that soo hard to trust up new meme coins projects as that its that too easy to create one. Only a few will be able to make out some
moon shot and if you arent that wise enough on taking profits then you would definitely be losing money.

[bitgolden]

Just because some shit ones does some move doesn't mean that you should be trying to spot a meme that will get a pump. Plus, even if you do fine, then you are going to make a lot of return without a doubt.

If you see this going any different way, and want to jump into it, remember that you will not be making any money if the dump is the way you are going. Think about it, if you reach that pump level, and get in, and as soon as you get in, the dump starts, that would make you lose a lot. That is why the smart way would be staying away from these shitcoins. Do not try to spot any of these because you are not going to make any money from them. If you do try, then I bet that you will most likely lose money, so there is no reason to do this.

[X-ray]

90% of the time its just some group flipping on thin liquidity, the pump is there to attract people to buy or in other words to attract liquidity.

I really don't believe altcoin with low liquidity to pump out of nowhere unless its manipulation.

There are also cases where people are laundering their money using shitcoin basically buying and selling themselves, it could be one of the many reasons.

[DeathAngel]

If they have no utility then they are usually manipulated by insiders & devs who control most of the supply. That’s not to say you can’t make money in these type of coins, you just need to be aware of the risks & not invest too much money because it’s a high chance you could get rug pulled.

[danherbias07]

It's not easy to say.

Honestly, I am a victim of a pump and dump many years ago during the ICO days. I always tell myself to never repeat the same mistake that I made before, and so it becomes really difficult when picking a memecoin that I want to buy. Then, I sell them as fast as I can, especially when I see a profit. That's what I did with Shiba Inu. I saw that it's the kind of thing, a pump and dump. Bought it at its very low price and sold it when I doubled my investment.
That's why I say that you cannot tell if a memecoin is a pump and dump. You will need to monitor them to get in or out if you want to.

[lifeisnoteazy]

It's very very hard to say!

Right now, you can build a meme coin with a very low investment with the help of AI bots. Ask chatgpt and it will give you step-by-step support on how to build one. You do not need to be a coder. I think that's where memecoin fails the community. Visit places like cointool app, dx app, pinksale finance etc and you will be surprised how easy it is to launch a memecoin.

I believe majority of the memecoin owners just want to make money and run away. A very few of them find success and stay back. I think the main mindset of the creator is to make money and nothing else. So consider memecoins as gambling only.

This one.

Making up altcoins is already that easy and providing liquidity with a very low amount of capital then you can start up or launch with your own meme coin, and since it is that easy to make then it would be that too easy to make out some rugpull projects and this is already that very known a long time ago with these meme coins. Its never been that recommended that you do make yourself that getting FOMO if you do then you would be having that possibility that you would be losing all the time with the money that you are investing into and thats why you should be that careful into this aspect.

Here's some tuts on creating a meme coin token based on SOL
https://www.reddit.com/r/solana/comments/194x5zz/guide_how_to_create_and_launch_your_own_meme_token/
https://www.youtube.com/watch?v=EdYdsbj1YVU&pp=0gcJCfwAo7VqN5tD

Here's some guide too.
https://www.bitbond.com/resources/how-to-create-a-meme-coin-a-step-by-step-guide/

This is why it would be that soo hard to trust up new meme coins projects as that its that too easy to create one. Only a few will be able to make out some
moon shot and if you arent that wise enough on taking profits then you would definitely be losing money.

Thanks for this mate! will surely check it out and see the outcome how easy it is to build a new meme coin! i use to spot some of them listed on Bingx and trade for some quick x2 -5 when the cex list it

It's not easy to say.

Honestly, I am a victim of a pump and dump many years ago during the ICO days. I always tell myself to never repeat the same mistake that I made before, and so it becomes really difficult when picking a memecoin that I want to buy. Then, I sell them as fast as I can, especially when I see a profit. That's what I did with Shiba Inu. I saw that it's the kind of thing, a pump and dump. Bought it at its very low price and sold it when I doubled my investment.
That's why I say that you cannot tell if a memecoin is a pump and dump. You will need to monitor them to get in or out if you want to.

Something like in between no rest of mind and sometime when you're out with all your capital and leave some moodbag the peace that comes with it! for me i have a target once it's meet I'm selling no matter the promise am seeing! i did with this csky maybe prolly because i wanted to participate in the listing carnival by the cex to share from the 100K usdt prize pool

90% of the time its just some group flipping on thin liquidity, the pump is there to attract people to buy or in other words to attract liquidity.

I really don't believe altcoin with low liquidity to pump out of nowhere unless its manipulation.

There are also cases where people are laundering their money using shitcoin basically buying and selling themselves, it could be one of the many reasons.

Ohhhh that's even possible too! or some wanting to wash hacked funds so they create some fake dump and sell for the market to wash of the dirty money using meme coin medium

[Orpichukwu]

It's a huge gambling over there as everyone is looking to profit something out while the scammers are also waiting. If you want to follow memecoins. Don't take them too seriously.

Memecoins are the weird places we have in crypto, which some can say that's where the magic happens. If you need fast cash, go after memecoins, and if you are lucky, you can get it. If you are unlucky, the market will help take the money you came in with, leaving you with nothing. The risk associated with dealing with memecoins is double compared to buying and holding any other coin.