How to Find Crypto Coins Before They Explode on Social Media and Exchanges

Finding crypto coins before they explode on social media and exchanges is not an easy task, but it's not impossible either. According to the article, a staggering 90% of successful investors have done their research and found hidden gems on cryptocurrency forums before they became mainstream.

To start, you need to stay up-to-date with the latest trends and developments in the crypto space. This means following reputable sources and experts on social media, such as Twitter, where many top investors share their insights and predictions.

By doing so, you can get a head start on identifying potential winners and losers in the market. For instance, the article mentions that a particular coin's price surged by 300% in a matter of weeks after a prominent influencer shared a positive review on Twitter.

Research and Preparation is key when it comes to finding crypto coins before they explode.

Meme coins like Dogecoin and Shiba Inu often lack a clear purpose, but still have a dedicated fan base.

Before investing in a new cryptocurrency, identify its purpose - is it a payment method, a utility token, or something else?

Cryptocurrencies like Bitcoin serve a specific purpose, whereas meme coins do not.

Research the coin's developers and their track record - have they been transparent about their goals and methods?

Rug pulls are a common scam where developers accept payments and then pull the coin off the platform, keeping the funds.

To help you find crypto coins before they explode, you can use various tools and resources. KryptView and BSCCheck are two tools that allow you to enter a token name or address and display information about transactions, contracts, holders, prices, and more.

Data aggregators like CoinMarketCap and CoinGecko collect and display information on new cryptocurrencies, including their prices, market capacity, and trading volume. This can give you an idea of what other investors think about the cryptocurrency and whether it has potential.

You can also check websites like Top ICO List, Trading View, and CoinMarketCap to find new cryptocurrencies. Token Sniffer is another tool that lets you enter a cryptocurrency's name or address and displays an audit of it, including warnings, swap analysis, contract analysis, and more.

Here are some specific tools and resources to consider:

You can use several tools to help you verify the validity of a cryptocurrency. KryptView lets you enter the token name or address, and BSCCheck lets you check tokens on the Binance Smart Chain. Each displays information about transactions, contracts, holders, prices, and more, enabling you to see whether anyone else is active.

Token Sniffer is another powerful tool that lets you enter the cryptocurrency's name or address and displays an audit of it. This includes warnings about potential scams, bug, or hacks, as well as detailed analyses of the token's swap, contract, holder, liquidity, and token similarities.

Token Sniffer also lets you view the contract code and generate a bubble map showing you the creator’s address, the addresses of the top 100 holders, and the percentage they hold. You’ll also see any burn addresses, which is where developers send coins to take them permanently out of circulation.

Here are some key features of Token Sniffer:

You can invest indirectly in cryptocurrencies through derivatives that trade on mainstream exchanges, such as the Chicago Mercantile Exchange (CME) crypto futures.

The CME offers popular Bitcoin and ether futures that are attractive to investors seeking indirect exposure to crypto. Bitcoin-linked exchange-traded funds (ETFs) were introduced in 2021, based on CME’s Bitcoin futures.

These ETFs offer a more affordable way to invest in bitcoin, as you can purchase shares of a fund that holds bitcoin rather than buy bitcoin directly.

Social media is a treasure trove for crypto enthusiasts. You can easily find cryptocurrency developers and founders on platforms like X (formerly Twitter), tweeting about their cryptocurrency whenever there are changes or new coins.

Notifications for specific keywords on X are especially helpful. If you set up alerts for phrases like new crypto, crypto release, or crypto, you will receive notifications about any cryptocurrency-related tweet.

Telegram is another instant messaging platform that can deliver timely new crypto developments. It's like having a personal crypto news feed at your fingertips.

To stay on top of the latest crypto buzz, search for the coin's name or contract address on X to find the community support and engagement. This is a great way to gauge the coin's popularity and potential.

Here are some key phrases to set up alerts for on X:

These alerts will notify you about any cryptocurrency-related tweet, giving you a head start on the latest developments.

To gain advanced insights into meme coin trading, consider using BullX. Its Pump Vision tab is particularly useful for identifying new and trending coins.

Filtering for graduated coins with a market cap of at least $200,000 is a good starting point for beginners. These coins are more stable and offer great potential for growth.

BullX also allows you to check wallet distribution, helping you avoid coins with suspicious or concentrated holdings.

Here are some key features to look out for in BullX:

BullX is a powerful tool for meme coin traders, and its Pump Vision tab is especially useful for identifying new and trending coins.

For beginners, it's best to stick to coins with a market cap of at least $200,000, as they are more stable while still offering great potential for growth.

BullX allows you to check wallet distribution, helping you avoid coins with suspicious or concentrated holdings.

This provides a more detailed view of the market, making it an excellent complement to tools like Banter Bubbles and Trojan on Solana.

You can use BullX to filter for graduated coins and get a better understanding of the market, making it easier to make informed investment decisions.

Managing risk is crucial when trading meme coins. You should spread your investments across multiple coins instead of putting too much into one.

Investing $50-$100 per coin is a good starting point. This way, you can minimize potential losses if one of the coins doesn't perform well.

Take profits early to lock in gains. A good rule of thumb is to take profits at 2x or 3x returns, even if the coin has more potential.

Not all coins will succeed, so expect some losses as part of the process.