Did you ever make money in the crypto world? Did you know the Solana chain has the largest meemcoin project? Did you know it is difficult to understand the real value of meme coins? The smart people use unique trading tools to filter on-chain information. They intend to find the right information for efficient decision-making. If you are new to Solana and want to make money with meme coins, you need to learn the following tools.
Phantom
Phantom is the most popular multichain Solana wallet. This wallet is essential for Solana-based transactions. This wallet provides great services such as built-in swaps, NFT markets, and securely holding your assets. This wallet is designed with an easy-to-use interface that anyone can use without extraordinary effort. Due to its multi-chain nature, you can store your Ethereum, Polygon, and Bitcoin assets easily. In addition, this wallet also provides Blowfish, which is Dapp, that helps you identify fraudulent projects.
Jupiter
This platform is the largest DEX on the Solana chain. They serve as the exchange aggregator and provide users with three core functions:
- Liquidity aggregator
- Limit order
- Fixed investment
You can use this tool to find out the best trading path on the Solana chain. This platform will aggregate liquidity from multiple sources and automatically find the optimal liquidity pool for you. You can use this tool to maximize transaction seeps and reduce slippage.
Dexscreener (Bald Eagle):
Dexscreener provides you with golden money-making opportunities. On this platform, you can set your conditions and the winning rate. The platform will give you detailed charts to track and evaluate crypto assets. Dexscreener is the best platform to choose investment targets, especially for memecoin gameplay on Solana.
Birdeye
It’s another blockchain data aggregator platform. With this platform, you can track token prices, trading volumes, and market trends. It is a must-have tool for DeFi traders because this platform provides you with custom filtering functions to find potential investment opportunities.
Rugcheck
This tool is particularly important for every trader on meme coins. This platform provides you the capabilities to check contract permissions, analyze the Solana token market, and detect potential risks and vulnerabilities in smart contracts. Using this platform, you can quickly identify high-risk contracts, avoid investment scams, and improve the security of your investment.
Solscan
This tool is most commonly used by Solana users. In this tool, you can see transaction details, token information, smart contracts, and NFT data. Whether you are a novice or an expert, Solescan’s intuitive interface enables you to easily monitor and manage Solaana assets.
Vybe Network
It is a similar tool to Arkham on EVM. Vybe Network helps you analyze blockchain data for effective investment decisions. This tool allows you to monitor market dynamics, token transactions, and on-chain activities in real-time. Because it is specifically designed for the Solana chain, you can access real-time blockchain data and perform various analysis activities.
Raydium
It is the oldest tool on the Soalana chain. You also know that when the transactions occur on Soalana, they are immediately available on this DEX. The early memecoins always deployed on Raydium. This tool has significance for your Soalana journey.
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