Lecture Notes on Trading Meme Coins on Tron

Introduction

• Shift in meme coin trading from Solana and pump funds to Tron.
• Observation of increasing trading volume on Tron.
• The goal: to identify profitable wallets and strategies.

Key Points to Consider

• Wallet Setup:
  • Recommended: TronLink extension or other compatible wallets.
  • Importance of using reliable tools to prevent scams.
• Bridging Funds:
  • Bridge Solana or other currencies to Tron for trading.
  • Example: Bridging 1 Solana to Tron with minimal fees.

Trading Platforms

• SunPop:
  • Described as the "pump the phone" of the Tron chain.
  • Similar to Radium on Solana.
• SunSwap:
  • Platform for trading meme coins on Tron.
  • Observations of many low-quality meme coins.

Analyzing Wallets

• Use on-chain data to study wallets with high profits.
• Focus on wallets with multiple transactions to gauge consistency.
  • Example wallet: P&L of 300% with multiple buys and sells.
• Tools for tracking:
  • TronScan for analyzing wallet transactions.
  • Need for better tracking tools specific to Tron trading.

Risk Management

• Emphasis on not investing too much initially.
• Importance of monitoring wallet activity for profitable trades.

Memes and Market Analysis

• Suggestions to check market cap and trading volume for potential investments.
• Caution against investing in copies of existing coins.

Conclusion

• Potential profitability in trading meme coins on Tron, but requires research and monitoring.
• Encouragement to join the community (Investors Boardroom) for shared insights and strategies.
• Final note: humorous reference to Justin Sun's profile and self-love.