How I Made Millions Trading Meme Coins in 2024 and How You Can Start in 2025

Last year, I told myself I was going to dive into trading meme coins. I documented the entire journey on my website, and by the end of 2024, I had made millions of dollars. This article condenses everything I learned during that year into one guide, so you can start trading meme coins in 2025 and potentially make a ton of money.

Getting Started

To begin, I’m assuming you already know how to set up the basics. You’ll need to:

1. Buy Solana (SOL) on a centralized exchange like Coinbase or Kraken.
2. Transfer that SOL to your Phantom wallet.
3. Make an account on Bullex.

All the platforms and tools I mention will be linked in the description of the original video or resources I’ve shared. For this guide, you’ll need:

• Bullex
• Nova
• A wallet tracker

Scanning for Meme Coins

On the Solana blockchain, hundreds of meme coins launch every day. The key is to get really good at identifying bad meme coins fast. This isn’t a skill you develop overnight. You’re competing against traders who’ve been grinding 20+ hours a day for years, like Cupsy, Urus, Waddles, and Stacky, who regularly make hundreds of thousands of dollars daily.

For example, let’s look at CBS, one of the best pump fund traders out there. In a single day, he made $262,000. Over seven days, his P&L hit $1.3 million, and in just one month, he cleared $4.1 million.

Tracking wallets like CBS’s isn’t about copy-trading. Instead, it’s about understanding what top traders are doing. When you notice multiple pro traders buying the same coin, it’s usually a strong signal that the coin has potential.

Identifying Scams and Ruggable Coins

Trading meme coins is risky. Many coins are scams and can rug in seconds. To avoid falling victim, here are a few rules I swear by:

1. Don’t trade alone. Join trading groups like Potion Alpha (linked in the description). Trading alone leaves you vulnerable to mistakes.
2. Check social media legitimacy. Look at a coin’s Twitter account to see if its username has been reused. A reused Twitter handle is a red flag.
3. Use tools to analyze coins. For instance, if a coin looks bundled (i.e., manipulated), tools like Neo Vision can confirm whether it’s legit.

Coins that are bundled typically show patterns like rapid transactions within the same block. Avoid these coins at all costs.

Research Is Everything

When a new coin launches, you need to do a thorough analysis:

• Check the developer’s history.
• Look at the coin’s Twitter and Telegram activity.
• Verify if there’s been any hype leading up to the launch (e.g., CA drops).

For example, a coin called “Station” launched recently. Despite some hype, I decided not to buy it because the developers hadn’t tweeted about it since December. My research paid off—the coin went to zero shortly after.

Setting Filters to Reduce Noise

Scanning hundreds of coins daily can be overwhelming. I recommend setting filters, like a minimum market cap of $15,000, to weed out low-quality coins. This approach helps you focus on coins with real potential without getting distracted by noise.

Why Wallet Tracking Matters

Tracking wallets is essential for spotting trends and making informed decisions. Here’s why:

1. Confidence Boost. If you buy a coin and see top traders buying it too, your conviction strengthens.
2. Dev Tracking. Monitor wallets of developers who’ve launched successful coins in the past. If they launch a new coin, it’s worth paying attention to.
3. Spotting Narratives. Wallet tracking helps you stay ahead of narratives, like trends sparked by celebrity news or cultural moments.

Staying on Top of the Meta

The meme coin market moves fast. To succeed, you need to:

• Understand crypto Twitter culture.
• Follow key influencers and traders.
• Stay updated on trends via platforms like Potion Alpha or creators like Melow Metrics, who share daily recaps on meme coin trends.

The Secret to Success

The truth is, trading meme coins is all about stacking small wins. Don’t aim for 100x or 1,000x plays every time. Instead, focus on consistent gains, like $500 to $2,000 per trade. Over time, these add up to massive profits.

For example, CBS’s wallet shows that while his biggest trade was $29,000, most of his trades are smaller—$1,000, $2,000, even $500. These small wins compound over time and lead to significant gains.

Final Tips for 2025

1. Trade with others. Collaboration is key in this space.
2. Stay online. This game rewards those who are chronically plugged in.
3. Focus on narratives. Whether it’s a trend on TikTok or breaking news, meme coins thrive on hype.
4. Avoid emotional attachment. Don’t fall in love with coins. Your only goal is to make money.

Meme coin trading in 2025 is a skill-based game. If you’re willing to put in the time, research, and effort, you can succeed.

Good luck, and I’ll see you in the markets.