2025 Dogecoin Practical Guide for Beginners

改写后的文本
Never hold prejudice against anything that can generate profits.
In this market cycle, Meme coins stand as a core narrative. Regardless of your bearish outlook, you must engage and immerse yourself.
After all, VC coins continue to decline, while Meme coins—even with player-versus-player dynamics—still present money-making opportunities, including numerous tales of sudden wealth.
As a newcomer to Meme coins, I've compiled my learning journey to share with everyone. Teaching others remains the most effective way to deepen one's own understanding.
01 Establishing Awareness
Before entering any new field, develop a comprehensive overview to avoid pure gambling.
Prepare Your Mindset:
Trading meme coins resembles buying lottery tickets—be ready for potential loss of principal. Continuous learning can, however, improve your odds of success.
Build Basic Cognition:
- What is a meme coin? It's a product of community sentiment and cultural trends.
- Why play meme coins? To pursue high returns with small bets, aiming for exponential gains rather than mere doubling.
- Where are the risks? They involve conspiracies, group manipulation, and extreme volatility.
Learn Basic Concepts:
- Pi Xiu Coin (貔貅币): Malicious contracts restrict trades—buying is possible but selling isn't; investments often go to zero.
- Trap (夹子): Front-runner bots set high gas fees to trade first, forcing normal traders into unfavorable buy-high, sell-low positions while traps profit from spreads.
- Smart Money: On-chain wallet addresses achieving high returns; track their investment choices.
- Inner Market / Outer Market: Tokens pre-launch are in the inner market; after adding liquidity on a DEX, they enter the outer market.
Meme Coin Categories:
- Hotspot Type: Leverages keywords like Musk, CZ, or Vitalik, or major events for sudden, high-volume traffic.
- Narrative Type: Based on trending industry themes, e.g., DeSci + Meme or AI + Meme.
- Cultural Type: Requires cultural context, often animal-themed like Sad Frog or Doge memes.
- Mechanism Type: Features innovative structures, such as $people as the first DAO.
- Pyramid Scheme Type: Promoted via online/offline multi-level marketing with little substance.
Daily Routine of Meme Coin Players:
- Follow Tweets: Track numerous English and Chinese KOL accounts on Twitter for real-time updates.
- Join Groups: Participate in discussion groups to gauge collective sentiment.
- Follow the Chain: Monitor tokens transitioning from inner markets (small) to outer markets (large).
Overall Principles
- Speed dominates this arena.
- Avoid stubbornness or "diamond hands" mentality.
- Manage risks effectively—take profits and cut losses promptly.
02 Practical Operations: Methodology
Step 1: Discover Potential New Coins (Chain Scanning)
Analyze Token Contract Safety
- Pi Xiu trap? Use tools to check for trading restrictions or lock mechanisms in contract code.
- Contract open source? Open-source code allows public review, enhancing transparency and preventing backdoors.
- Token minting permission renounced? Renunciation prevents issuers from arbitrarily increasing supply.
- Liquidity locked? Locked pools deter sudden withdrawals that could crash prices.
Analyze Tokenomics
- Market cap: Aim for liquidity pools exceeding 100 SOL.
- Holders: Prefer over 1,000 addresses.
- Trading activity: Target >60 transactions in 1 minute or >600 in 5 minutes.
- Top 10 holders' stake: Healthy at 15%-25%, sub-healthy at 25%-35%, unhealthy above 35%.
Analyze Project Background
- Dev team abandoned? Review past projects for sudden inactivity or disappearances.
- Ads on Dexscreener? Paid ads indicate team confidence.
- Official Twitter: Assess activity, followers, community engagement, and content quality.
- Telegram group: Check for activity, member count, admin responsiveness, and regular AMAs.
- KOL endorsements? More promoters suggest stronger community support.
Step 2: Track Smart Money Movements (Copy Trading)
Publicly labeled addresses offer limited value; build your own smart money watchlist.
Find smart money: Identify early large holders of successful meme coins, high-yield traders, or KOLs leading on-chain rushes. Tailor your list to your trading style to minimize information noise.
Step 3: Final Buy and Sell (Trading)
- Market sentiment: Key to timing exits during extreme FOMO. Identify this through community buzz and on-chain data, relying on subjective judgment.
- Risk management: Set stop-loss points to curb emotional trading; discipline is crucial to avoid chasing highs or selling lows.
- Timing: Focus on news events and social media hotspots; technical indicators often fail with event-driven meme coins—act swiftly.
- Stage selection: Distinguish consolidation (early sellers with buyers at similar volumes) from distribution (early profit-takers selling)—exit during the latter.
03 Long-Term Learning
🔥🔥🔥 Practical Tools for Finding Golden Meme Coins
1️⃣ Axiom Dog-Chasing Tool https://axiom.trade
2️⃣ Gmgn Dog-Chasing Tool https://gmgn.ai
3️⃣ dbot Dog-Chasing Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
04 Summary
Trading Meme coins demands effort to boost win rates.
Thus, seasoned players stay diligent, monitoring markets around the clock.
For average users, participating offers value beyond profits—it sharpens trading instincts and provides rich learning experiences.
I'll continue updating my Meme coin progress to support everyone.
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