1. Stay Updated on New Launches

• Follow Communities: Join Base Network communities on Telegram, Discord, and Twitter for early signals.
• Use DexScreener: Regularly check DexScreener for new meme coin listings.

2. Avoid Scams

• Verify Contracts: Always verify the contract address on Basescan before trading.
• Check Liquidity: Avoid coins with low liquidity (< $50k).
• Use RugDoc: Check the project’s audit and risk rating on RugDoc.

3. Manage Risk

• Set Stop-Loss Orders: Use stop-loss orders to protect against sudden price drops.
• Diversify: Spread your investments across multiple meme coins to reduce risk.
• Take Profits: Set take-profit targets (e.g., 2x, 5x) and lock in gains.