Part 4/7:
As part of the strategy, traders are encouraged to tap into crypto Twitter (now X), as it is a vital source of real-time information about upcoming meme coins. The trader shares their setup, which includes a dedicated Twitter tracker that monitors the activity of key opinion leaders in the crypto community. This tracker facilitates immediate insights when influential figures tweet about particular subjects, which can lead to new meme coin creations.
The trader elaborates on the importance of tracking narratives and trends. For instance, when a coin based on a viral story surges in popularity, followers might create similar coins, leading to a temporary boom in that niche. Therefore, being on the lookout for buzzwords and trends is crucial.