TradingAugust 17, 20268 min read

How to Find New Memecoins Early: The Honest Version

You can't find them before they pump. You can find them before most people do, and that's a different skill.

Merlin

Author

Guide to finding new memecoins early using launchpad feeds, screeners and wallet tracking

Let's deal with the framing first, because most articles with this title are lying to you.

You cannot find memecoins before they pump. Nobody can. What you can do is see tokens earlier than most people see them, and then apply judgement about which ones are worth anything. Those are two different skills and only the second one makes money.

Being early is necessary but nowhere near sufficient. Plenty of people were first into things that went to zero four hours later, which is most of them. So the honest version of this guide is: here's how to compress the gap between a token existing and you knowing about it, and here's what to do with that gap once you've got it.

Where tokens actually appear first

Every memecoin starts in the same place. Someone deploys a contract on a launchpad, liquidity gets added, and it becomes tradeable. That's the moment it exists.

Everything after that is a delay. It appears on screeners a few seconds to a few minutes later. It shows up in Telegram call channels when someone notices. It hits your timeline when it's already moved. By the time it's a topic on crypto Twitter, the people who bought at deploy are deciding whether to sell to you.

So the whole game is: how far up that chain can you position yourself, and can you evaluate fast enough once you're there.

Layer one: launchpad feeds

The earliest possible signal is the launchpad itself. pump.fun on Solana, four.meme on BSC, and whatever the current dominant pad is on a newer chain.

Watching a raw launchpad feed is genuinely overwhelming. Tens of thousands of tokens get deployed daily across the main pads, and the overwhelming majority are noise — jokes, tests, and deliberate scams. Nobody watches this unfiltered and comes out ahead.

What makes it usable is filtering. Minimum liquidity, minimum holder count, deployer wallet history, whether the contract has hostile settings. You're not looking for good tokens at this stage, you're excluding obvious rubbish so that what's left is small enough to actually look at.

One thing worth knowing: pads churn. A launchpad that dominates a chain can be replaced within days, which happened on Robinhood Chain when the leading pad shut down and the flow moved to competitors almost immediately. If your workflow is built around one pad, it breaks the moment that pad dies. Build it around the chain, not the venue.

Layer two: screeners

DexScreener and GeckoTerminal are the standard tools and both are free. New pairs appear within seconds to a couple of minutes of liquidity being added, and you can sort and filter by age, volume, liquidity and holder count.

The useful filters, roughly:

  • Age — under an hour if you want genuinely early, under 24 hours for something that's survived the initial cull
  • Minimum liquidity — filters out tokens nobody can trade without moving the price 40%
  • Volume relative to liquidity — high volume on thin liquidity often means bots trading with themselves rather than real interest
  • Holder count and, more importantly, holder growth — a rising holder count is the hardest signal to fake cheaply

That last one deserves emphasis. Volume can be manufactured trivially. A chart can look busy while being one wallet buying from itself. Genuine interest shows up as new holders arriving, and if volume is climbing while holder count is flat, you're looking at wash trading.

Layer three: wallet tracking

This is where the actual edge is, and it's the least used of the three.

Every wallet's history is public. Which means you can find wallets that have consistently entered good positions early, and then watch what they do next. When one of them buys something new, that's a signal that costs you nothing to receive.

This isn't theoretical. The CASHCAT saga earlier this year was a group of researchers tracking a single wallet with a striking record of buying tokens shortly before they got listed. They didn't have inside information. They just read the chain carefully for months and acted on what it showed them.

Two honest caveats. First, the good wallets are increasingly watched by everyone, so the edge decays as more people track the same addresses — in the CASHCAT case the market ended up front-running the very wallet it was following. Second, a wallet copying strategy without judgement is just delegating your decisions to a stranger who might be having a bad month.

Tools like GMGN, Arkham and Cielo all offer wallet tracking in some form, and it's worth setting up alerts on a small number of addresses rather than trying to watch dozens.

The social layer, and why it's last

Telegram call channels, crypto Twitter, and the various alpha groups are the slowest layer, and you should treat them accordingly.

By the time something is being called in a channel with 40,000 members, a lot of people already own it. That's not automatically disqualifying — narrative and attention are what actually make memecoins move, so a token catching real social traction can still run a long way. But you're no longer early, you're participating in a trend, and you should size and set expectations accordingly.

Where social genuinely helps is the meta rather than individual calls. Noticing that a particular chain, launchpad or theme is heating up is more valuable than any specific ticker, because it tells you where to point the first two layers.

Speed is the whole thing, and it's why manual doesn't work

Here's the uncomfortable part. Once you've found something, you're competing against automated systems that never sleep, never hesitate, and execute in the same block.

You cannot win that by having a screener open in one tab and a wallet in another. By the time you've copied the contract, pasted it, set an amount, and confirmed, the entry you were looking at is gone.

Which means anything genuinely early has to be pre-configured. Amounts, slippage, tax limits and gas settings decided in advance so that executing is one action rather than eight. The mechanics of that are covered properly in how to snipe a token launch, but the principle is simple: if you're typing numbers while a launch is happening, you've already lost.

Being early doesn't skip the checks

This is the part people abandon when they're excited, and it's the expensive one.

Finding something first means nothing if it's a rug. Supply concentration, liquidity locked or burned, sell tax and whether it can be changed, bundle activity in the first block — all of it still applies, and it applies more on a brand new token than anywhere else. The full run-through is in the rug pull checklist, and it takes under a minute once you know what you're looking at.

The checks that can be automated should be. Setting maximum buy and sell tax limits once means orders simply won't fire on tokens that breach them, which removes an entire category of mistake without you having to remember anything in the moment.

What being early is actually worth

Realistically: most of what you find early will go to zero. That's not pessimism, it's the base rate, and no amount of screening changes it. Being early gets you a better entry on the same distribution of outcomes.

Which means position sizing does more work than discovery does. Someone with mediocre discovery and disciplined sizing will last far longer than someone with great discovery who over-allocates, because the second person only needs to be wrong once at the wrong size.

And it's worth remembering that a good entry you never exit is just a number you looked at for a while. Deciding your exit before you enter matters more than how early you got in, because the most common way to lose money here isn't a rug, it's round-tripping something you were up 8x on.

The setup

The practical version of all this: a screener with sensible filters, alerts on a handful of wallets worth watching, and a bot configured in advance so acting on what you find takes one action.

Axxel handles the execution end — sniper orders on both EVM and Solana, market, limit and trailing orders, configurable slippage and buy/sell tax limits, MEV protection, across Ethereum, Base, BSC, Solana and Robinhood Chain. Flat 0.9%, non-custodial, no subscription.

The multi-chain part matters more than it sounds for this specifically. The meta has moved chains twice this year, and each time the people who did best were already set up when it happened rather than scrambling to find a tool afterwards. Being early to a chain is a much bigger edge than being early to any individual token on it, and it's a lot more repeatable.

Crypto trading carries risk. Most memecoins lose value. Nothing here is financial advice. Axxel is not available in all regions.

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