Memecoin guide

Trade memecoins with a method.

Trading memecoins means buying very young, very volatile tokens to sell them higher, often within minutes. What separates those who last from those who blow up is rarely instinct: it's position sizing and exits decided before getting in.

Updated October 5, 2026

Before you start

A dedicated wallet, separate from your savings. Only put in what you accept to lose.
SOL to buy and pay network fees.
A tool: pump.fun by hand, a terminal (GMGN, Axiom…), or a bot like Scope to automate.

How to buy a memecoin

Find the coinOn pump.fun, in a terminal, or through a wallet you follow. See finding new meme coins.
Check the basicsDev buy, holder distribution, coin age, whether the name copies another coin.
Decide your exitBefore buying: what gain you take, what loss you cut, how long you stay.
Buy smallA fraction of your capital per coin. With memecoins, most positions lose; the winners have to pay for the rest.

Three ways to trade

Approach	Principle	For whom
By hand	You pick each coin and click	People who spend their days on charts
Copy trading	You copy winning wallets	People who can spot good wallets (copy trading)
Sniping	You buy launches that pass your filters	People playing volume with small amounts (sniper)

Rules that keep you from losing it all

Always have an exit: a take profit, a stop loss, or a max duration. See stop loss and take profit.
Lock in part of a gain early: selling half at +100% pays back your stake.
Don't buy more to « average down » on a collapsing coin.
Get out if the dev sells: on a brand-new coin, it's the clearest signal.
Log your trades: without history, there's no way to know what works.

Automate your method

The hard part isn't knowing these rules, it's applying them on every trade, at any hour. That's a bot's job: with Scope, your groups buy by your filters and sell by your exits, and your per-position history shows what actually works.

FAQ

How much should I put into a memecoin?

A small fraction of what you set aside for memecoins, itself money you accept to lose. Many active traders stake under 1-2% of their memecoin capital per coin.

Can you make a living trading memecoins?

Very few people do. Treat it as a high-risk activity, not an income.

When is the best time to buy?

It depends on your strategy: the very start of the curve for sniping, around migration for others. What matters is having a rule, and sticking to it.