Darkside Of The Moon

No way they let AllianceBlock slip under their vision like that

For magic

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Good night from me best of luck 👋🏾

Apply that same mentality to memes People always say “memes move too quick to research” so you’re in a rush to go broke? Great🫡

But if you’re like a large contingent of the population that would actually assess the vehicle they are purchasing

Then I guess there’s no saving you

Or maybe you’re just the fool that would

You wouldn’t buy a car without examining it? 🤣

Those people end up either: 1. Bitter (that’s when you see a man under KOLs twitter comments saying how they used them as EL these times they just blindly followed something) 2. Quitting 3. Both

Want to be better? Do better. Or be like the remaining of the meme population that ape everything blindly without doing any research and think they going to make it whilst the people that do research actually make it

It’s just a reminder that you are where you are because this is who you are

What I don’t do is come on telegram asking a bunch of strangers the same thing Google is going to tell me only with multiple different sources to look at

When I want to learn anything

Diving into the world of memecoin trading on Solana can indeed be thrilling but also risky, especially without proper analysis tools. Here are some methods to learn and apply on-chain analysis, explained in simple terms: ### 1. Understanding On-Chain Metrics: - Transaction Volume: Look at how many transactions a memecoin is involved in. High volume might suggest interest or utility. - Tool: Use platforms like Dune Analytics to visualize transaction volumes over time. - Market Cap and Supply: Market cap gives you an idea of the total value of the memecoin, while the supply (total and circulating) can affect price volatility. - Tool: Websites like CoinMarketCap or CoinGecko provide this data. - Holder Distribution: See how the coins are distributed among addresses. If a few addresses hold a large percentage, it might hint at manipulation risks or insider trading. - Tool: Check wallet balances on Solana block explorers like SolScan or SolanaFM. ### 2. Analyzing Social Sentiment: - While not strictly on-chain, social media buzz can be a precursor to price movements in memecoins due to their community-driven nature. - Tool: Use sentiment analysis tools or simply track hashtags, mentions, and engagement on platforms like X (formerly Twitter) or Reddit. For instance, posts on X often discuss new or trending memecoins. ### 3. Liquidity and Exchange Activity: - Liquidity Pools: Check the liquidity pool sizes on decentralized exchanges (DEXs) like Raydium or Orca. Lower liquidity might lead to higher volatility. - Tool: DEX websites or aggregators like Jupiter for Solana. - Exchange Listings and Volume: See where the memecoin is listed and how much trading volume it has on these exchanges. - Tool: CoinGecko shows which exchanges list a token and their trading volumes. ### 4. Learning Resources and Courses: - Online Courses: Websites like Udemy or Coursera might offer courses on blockchain and on-chain analytics, though they might be more general. - YouTube: Channels dedicated to crypto education often cover on-chain analysis or might feature specific videos on Solana memecoins. - Community Forums: Engage with communities on Reddit, like r/solana, or Telegram groups where traders share their strategies and insights. - Example: The #1 Solana Memecoin subreddit or other similar communities provide trading tips and strategy discussions. ### 5. Tools for Direct Analysis: - Token Terminal: Provides deep insights into blockchain economics, which can be useful for analyzing the health and activity around Solana tokens. - Nansen: Offers comprehensive analytics with dashboards tailored for on-chain metrics, though some features might require a subscription. - Glassnode: While more Bitcoin and Ethereum-focused, their principles can be applied to understand Solana token dynamics. ### Tips for Beginners: - Start Small: Don't risk more than you can afford to lose. Memecoins are highly speculative. - Learn Continuously: The crypto market evolves quickly. Regularly updating your knowledge is crucial. - Diversify: Even within memecoins, diversifying your investments can help manage risk. - Stay Skeptical: Always question the hype. If it sounds too good to be true, it probably is. - Use Alerts: Set price alerts on trading platforms to catch significant movements without constant monitoring. Remember, while on-chain analysis can give you data-driven insights, the memecoin market on Solana, like many crypto spaces, is influenced by sentiment, trends, and sometimes sheer randomness. Combining these analytical methods with a good understanding of market sentiment can improve your trading strategy.

Asking how to do this and that when the internet is your bestfriend