The summary of ‘How To Spot 100X On Pump.Fun And Avoid Scams [Step-By-Step Guide]’

This summary of the video was created by an AI. It might contain some inaccuracies.

00:00:00 – 00:10:28

The video provides a comprehensive guide on successfully investing in meme coins, aimed at achieving significant gains while mitigating risks. The speaker highlights the importance of a detailed checklist that includes evaluating the social media presence of coins, ensuring originality, and rigorously checking the developer’s history and behavior to avoid scams. They specifically emphasize checking developer credibility on platforms like Radium, analyzing holders' wallets on Soul scan, and using bubble maps to detect potential manipulations. Key strategies also include verifying that no single entity controls most of the supply and letting investment opportunities naturally come through automated processes. To further elaborate on these strategies, the speaker introduces resources such as the "Investor's boardroom" for advanced tactics and copy trading methods.

00:00:00

In this part of the video, the creator explains how to achieve consistent gains of 10x to 100x using meme coins. The key actions include following a specific checklist, emphasizing the importance of detail, and selecting a good meme that is not a copy. The creator advises checking the market cap and descending order to find the best-performing coins. Additionally, having at least one strong social media presence is essential, and the number of replies serves as an indicator of interest. The creator explores an example meme coin, reviews its social media presence, and verifies details about the developer to avoid scams.

00:03:00

In this part of the video, the speaker discusses strategies to make money with meme coins by analyzing the coin’s social signals and avoiding mistakes. They emphasize avoiding scams by scrutinizing the developer’s history and behavior. The speaker uses an example to contrast between a good and a bad developer. A good developer’s coins often succeed and reach high market caps on platforms like Radium, while a bad developer’s coins do not fare well. They advise following developers with a strong track record and significant social media influence, which can help ensure successful investments.

00:06:00

In this part of the video, the speaker emphasizes the importance of checking the developer when investing in new coins. They inspect a coin called Poochi on Soul scan, revealing that it was created by a new wallet, indicating high risk since the developer may control most of the supply. The speaker checks the top 10 holders and uses a bubble map to identify potentially manipulative wallets. They find that many wallets are likely controlled by the developer, suggesting a potential scam. The speaker advises caution and highlights their strategy of not initiating trades unless they are confident in their safety, preferring trades to come to them. They also demonstrate their process of evaluating a new coin, including checking social media presence and developer behavior, and provide an example where initial checks helped avoid a scam.

00:09:00

In this segment of the video, the speaker discusses strategies to avoid financial losses and make profitable investments in cryptocurrencies. Key steps include checking the quality of a cryptocurrency’s main network, ensuring it’s not a copy, verifying the presence of at least one social media profile, and confirming that the developer is reputable. Additionally, the speaker advises ensuring the top 10 holders possess less than 70% of the supply and that they are not ghost wallets. The speaker emphasizes letting investment opportunities come naturally rather than actively searching for them. They also mention automating the process and provide further details through an “Investor’s boardroom” for more advanced strategies and copy trading. The speaker concludes by inviting viewers to explore how they automate these processes and copy their trading practices.

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