AI Summary
This video provides practical tips for trading meme coins, specifically focusing on the analysis of 'new pairs' in the Axiom platform. The creator emphasizes the importance of speed, identifying current market narratives, and monitoring dev wallets to increase profitability.
Chapters
The creator argues that smart money focuses on 'new pairs' rather than 'Final Stretch' or 'Migrator.' New pairs offer the lowest entry and, when traded with a good narrative, can have the least risk.
When looking at new pairs, the first question to ask is whether the token's narrative matches the current 'meta' (a group of popular narratives). For example, a wave of Bitcoin or cat coins might signal a 'Bitcoin meta' or 'cat meta.'
The speaker emphasizes that trading meme coins is a game of speed. The faster one can read new pairs, the easier it is to be successful. It is recommended to start with small amounts, like 0.1 SOL, to get a feel for it.
It's important to check if a token is a 'vamp' (a redeploy of another coin). Vamps can be good or bad. Creators often look for flaws in an existing coin and recreate it with improvements, such as using a dog's real name in a ticker to improve the story.
Many coins are not created by random people but by the same recurring developers. Tracking dev wallets allows traders to gauge if a coin is worth buying in advance. Examples of wallets to track include 'Bull Ansem Dev' and 'BWA'.
Mentioned in this Video
Tutorial Checklist
💡 Key Takeaways
New Pairs as Low-Risk Entry Point
This is the creator's core argument, de emphasizing the hunt for 'migrated' coins and positioning new pairs as the low risk option.
00:25Speed as the Fundamental Skill
The creator directly tells viewers that speed is the number one differentiator between amateur and professional traders in this space.
01:07The Illusion of
A key insight contradicting the idea that coins come from diverse anonymous sources, pointing out that the market is controlled by a populated group of devs.
02:33Analyzing 'Vamps' as a Trading Strategy
Provides a concrete way to look for improvements in existing projects, turning a seemingly hackneyed idea into a legitimate trading tool.
01:52Using Dev Wallet Tracking
This is a precise methodology - tracking wallets to gain an edge - that's unique to professional creators and not common for beginners.
02:33Full Transcript
[00:00] I've made a decent amount of money trading within the past few months. So in this video, I'm going to go over some tips that will help you instantly become better at trading meme coins. If you're completely new to Actim and want to watch some of my old videos, just so what I'm going over in this video can make sense,
[00:13] you can just go ahead and check out my YouTube account or my TikTok account. But anyways, let's get started. First and foremost, let's talk about new pairs. Like I mentioned before, new pairs is where you can see all of the new tokens coming out.
[00:25] A lot of you guys like to spend most of your time looking in Final Stretch and Migrator for coins to buy. but smart money is always looking at new pairs. This is because new pairs give you the lowest entry possible and usually have the least amount of risk. Obviously they don't have the most amount
[00:39] of risk if you're just copy trading people or just buying the top into random new pairs but if you're able to identify a good narrative when trading new pairs fast there's no reason you shouldn't be able to make money when trading meme coins. So when looking at new pairs from now on I want you to
[00:52] ask yourself these questions. Number one does the token's narrative match the current meta? What I mean by meta is just a group of the popular narratives. I'm in the migrated section right now and I see a lot of bitcoin coins as well as cat coins. This may tell me that we're either in
[01:07] a cat meta or even a bitcoin meta. After you determine whether if the new pairs matches the current meta or not, you need to be able to read the tweet as fast as possible. I have told you guys a million times this game is all about speed. The faster you are and the faster you're able to
[01:21] read new pairs, I promise you it will just make everything 10 times easier. Now I would not recommend quick buying into new pairs especially if you're just getting started and i definitely would not recommend doing this with a lot of money i recommend only doing around 0.1 sold just so you
[01:35] can get the feel for it another question you can ask is has this token already been made most of the coins you see in new pairs are just redeploys of other coins sometimes the same picture maybe the same tweet link attached When a coin copies another coin entirely it is essentially called a vamp But
[01:52] vamps could either be good or bad. I'm going to use this coin as an example. New meme template going viral on TikTok right now. So you see that this is a dog narrative and it's at 15k market cap. So it is getting a ton of views and volume right now. If someone were to vamp this coin,
[02:05] meaning recreate this coin, they would be looking for anything wrong about the current token and any way to make the current token better. This coin's ticker is Belief and it's called the Belief Dog. If someone wanted to vamp this coin, an example of what they would do is actually go and look for
[02:19] the real name of this dog and literally just redeploy it with the dog's name. That's just one example of a coin being vamped but if you want to learn more about that just comment the word vamp. Another thing to look forward to in new pairs is who actually made the coin. A lot of
[02:33] you guys that don't track any wallets are thinking these coins are just coming from random people. In reality, it is essentially the same people making coins. As you guys can see, I have a ton of dev wallets tracked. So we got Bull Ansem Dev, aka Superman on Chain.
[02:46] You guys have probably seen this guy before. We have BWA, probably the most respected dev in the trenches. As you guys can see, I have a lot of devs tracked. The reason having devs tracked is important is because it lets you determine if the coin
[02:58] is actually worth buying or not in advance. Tracking good wallets and dev wallets isn't even only for new pairs. If you guys need good wallets to track, I have some in my discord, but other than that, wallets are completely free to find anywhere else.
[03:10] I really didn't want to make this video too long considering everyone has TikTok brain and probably wouldn't watch the full video anyway, but I really just tried to pinpoint the basics on what you should be looking for when you're looking at new pairs. If you guys have any other video ideas or recommendations, just leave them in the comments below,
[03:25] and if you haven't signed up on Axiom yet, you can use my referral. I'll see you guys in the next video, but thanks for watching.