If you want to play the Solana memecoin trenches just know the rules


There will be a runner that captures attention every few days
Stop looking at MC this is a misleading metric - you are early until the coin reaches ~4M liquidity on the SOL side
When it gets near ~8M you have to sell, that is all the liquidity in the SOL trenches, nobody is left to buy
Once the big wallets exit, the coin will death spiral, on the way down late folks will buy it up and provide exit liquidity for those who didn't get out at the top, but no "trench runner" coin ever makes it more than a few days
Cue the new community members, now as the coin dies those with less information swear that you're getting a good entry, but the fact that those big wallets dumped all those tokens into circulation already makes it very difficult for any of these coins to recover, this is a product of too much hype coupled with an immature distribution and unhealthy liquidity ratio
Using this strategy you would've nailed both entry and exit on CAR, Jailstool, jellyjelly and many others
TLDR; watch liquidity, not marketcap for your entries/exists
SOL-2.43%
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