Navigating the dynamic world of meme coins on the Base chain can be thrilling and profitable if you know what you are doing.

1 out of 100 coins are actually legit. So choose wisely.

Make sure your other projects meet the boomer standard minimum requirements:

A) Make sure your project has 100 out of 100 tokensniffer score.
B) make sure it is a doxed team
C) make sure you see doxed wallets
D) make sure the team talks to Coinbase
E) make sure they have onboard Jesse the creator of base and a Casey Neistat famous person who would never risk their reputation.

Follow this streamlined guide to discover and evaluate potential meme coin gems effectively and safely.

Step 1: Start Your Search

• Go to DexScreener: Visit DexScreener or birdeye.so and focus on the Base section to tailor your search specifically to the Base chain ecosystem.

Step 2: Discover New tokens

• Explore Trending Opportunities: Utilize the tools available on DexScreener like ‘New Pairs’ or ‘Gainers & loosers’ to scan through the latest and hottest tokens.

Step 3: Analyze Trading Volume

• Sort by Volume: Prioritize coins by trading volume to identify those that are actively traded and garnering significant attention. High trading volume is a key indicator of interest and liquidity.

Step 4: Verify Holder Growth

• Check Holder Trends: Use a blockchain explorer like BaseScan to review the holder count trends over time. Consistently increasing holder counts suggest a growing, engaged community which is crucial for the longevity and success of a meme coin.

Step 5: Assess Liquidity

• Evaluate Liquidity Levels: Coins with low liquidity may pose higher risks and challenges in trading. High liquidity indicates healthier market activity and easier entry or exit points.

Step 6: Examine Trading Activity

• Review Ongoing Activity: Consistent trading volume over time suggests sustained interest, which can be a positive signal for potential growth.

Step 7: Check Token Distribution

• Analyze Distribution with Tools: Use tools like Bubble Maps to gain insights into how tokens are distributed among holders. A more decentralized distribution is generally preferable.

Step 8: Use Token Sniffer for Smart Contract Safety

• Scan for Vulnerabilities: Before investing, use Token Sniffer or similar trusted platforms to analyze the smart contract of the meme token. This helps in identifying potential scams or vulnerabilities not evident from basic data.

Step 9: Conduct Further Due Diligence

• Deep Dive into the Project: Before making any investment, it’s crucial to further explore the meme coin. Check out their Twitter, join community forums, and visit official websites to assess community engagement, understand the meme quality, and grasp the overall vision of the project.

Following these steps will help you identify potential meme coin opportunities on the Base chain, empowering you to make more informed and strategic investment decisions.