Benzinga - Self-described DeFi and NFTfi Threador, Leshka.eth, in a post on X, formerly known as Twitter, shared details of how she made massive profits in a short period by trading meme coins.
What Happened: Leshka indicated that her crypto portfolio grew from $94 to $1.14 million, saying that success doesn’t hinge on being a genius but on belief and the right strategy.
Her rules while trading meme coins are:
- Checking top traders based on the best performing meme coin.
- Selecting the best meme coin hinges on community support, and finding new projects is guided by influencer endorsements.
- Scan Twitter metrics. "Big influencers with score 200 and more give the project a huge boost."
- After selecting a project, using sniper bots to buy tokens at launch at a good price.
- When to sell, the trader follows:
5/ When to sell.Memecoins have the highest volatility among other crypto markets.
Nobody can predict the future. I've analyzed actions of other traders and create strategies based on this.
Here is a visualization of the strategy I follow when trading in the early stages