logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Found a "meme coin" that skyrocketed in just a few days. Any tips?

    Found a "meme coin" that skyrocketed in just a few days. Any tips?

    By: blockbeats|2026/04/13 15:03:21
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    AudieraAudiera
     

    This year in the crypto world, there is a concept that cannot be ignored, which is the "Meme Coin." Over the past week, the price of $RAVE has been continuously rising, reaching a peak of about 40 times its value from a week ago. Today, $RAVE's market cap has reached the 41st position in the market.

    Found a

    From the recent $SIREN, $STO, to the earlier $PIPPIN, $RIVER, $BEAT, $MYX, and others. Regardless of how the market is performing, although the "Meme Coin" is seen as an asymmetric information game between retail traders and whales, there are always players who, in the pursuit of volatility, diligently analyze and try to capture the logic behind the "Meme Coin" to find the path to success.

    Even in the Chinese community, there has gradually emerged a complete study of "Meme Coin."

    What is a "Meme Coin"?

    If the definition of a "Meme Coin" is simply "rising fast and rising sharply," then the study of "Meme Coin" would not exist. The essence of retail traders playing with "Meme Coins" is a direct game against whales, trying to carve out a piece from the whale's manipulation.

    Based on this essence, KOL Crypto Skanda (@thecryptoskanda) has provided a detailed definition of "Meme Coin," outlining the foundation of "Meme Coin" study:

    - Spot control rate is basically above 96%

    - Has a Binance contract, with the presence of spot trading being less important

    - Usually funded through off-exchange margin trading, creating violent up and down price swings in a short period, accumulating significant liquidity and counterparty positions

    - Whales profit by triggering long and short liquidations, taking advantage of taker fees, and ultimately completing the liquidation process to exit their spot positions

    How to Identify a "Meme Coin"?

    On this issue, different players have provided excellent reference points from different perspectives.

    Anomalies in open interest of futures contracts can be reflected in various ways, primarily through "data manipulation." On April 11, @Arya_web3 found that the 24-hour open interest data of $RAVE on that day was $60 million on Binance, Bitget, BingX, OKX, and Bybit, respectively. Based on this data and the overall open interest data of each exchange, she speculated that there were anomalies in the data of BingX and Bitget when horizontally compared, indicating a possible manipulation of open interest data.

    In addition, the 24-hour trading volume of the $RAVE contract on the day reached $6.9 billion, with a contract holding of $300 million. The whale manipulated the price up by 10x from the bottom, yet there wasn't a single large liquidation order, further deepening the possibility of contract data manipulation. She also mentioned that by observing where liquidation contract orders are concentrated, it can also serve as evidence of whether the open interest data on some exchanges is being manipulated.

    @thecryptoskanda summarized and added to the above observations:

    - The lower the median percentage of open interest on Binance's contracts, the higher the degree of manipulation by whales.

    - A high contract volume/open interest ratio indicates a high likelihood of open interest data manipulation.

    - This means that any strategy solely monitoring contract trading volume or open interest volume is inappropriate, as it is highly likely that whales are intentionally ceasing to manipulate open interest data to lure retail investors into the market.

    You might say, this analysis of "meme coins" is based on data that has already occurred or is currently happening. Is there a way to analyze them before a "meme coin" pumps?

    No. In the words of @thecryptoskanda:

    "Meme coins do not become meme coins because they meet certain criteria. It's because they were always meant to be meme coins that they exhibit those criteria. Meme coins never play by the rules of the overall market; they only have one concern—does it have a whale?"

    How to Identify an Impending "Meme Coin" Collapse

    The first perspective was proposed by @wuk_Bitcoin, the "Divergence between Price and Open Interest," which can be used to determine if a "meme coin" is nearing a collapse. @wuk_Bitcoin stated that a rising price coupled with continuously decreasing open interest is a sign of an imminent collapse.

    "The main players close out all long positions at the top, then support the price to attract more counterparty trades, allowing retail or electronic trades to perform long arbitrage. With counterparties in place, they can quietly add short positions. Once the short layout is complete, they remove the support price orders, strategically crash the market, simultaneously adding more short positions, continuing to plummet the price until a complete collapse occurs."

    He also emphasized that it is necessary to look at the hourly data, as smaller timeframes may not reveal the intentions of the main players.

    This perspective also has certain flaws, as mentioned earlier regarding "data manipulation." However, by narrowing the observation timeframe for open interest volume, another perspective arises: "a large-scale liquidation causing a sudden drop in open interest leading to the whale's exit."

    This angle was proposed by @CryptoRounder and elaborated on by @thecryptoskanda:

    "The price at a certain level triggered a large number of liquidations, leading to a sharp drop in open interest in futures contracts, the disappearance of sell pressure from short positions, and the unwillingness of whales to sustain the high price, signaling a more precise market top."

    While the above two angles emphasize "how to escape before the rug pull," this is also the most rational decision retail players can make in the extremely asymmetric game of "rug pull" — finding the point at which whales decide to exit, and designing trades around that point. After all, before the "rug pull," whales can repeatedly perform long and short squeezes, and once whales truly exit and stop supporting the price, the downtrend of the "rug pull" becomes irreversible.

    -- Price

    --
    --
    --

    Closing Thoughts

    Although various experts are working hard to find a stable path to profit on "rug pulls," and we have seen many sharp angles, we must always remember that the reason why it can be called a "rug pull" is because its whale control rate is as high as 95% or even more.

    Although we can discover traces of whale manipulation from many perspectives and even achieve victory in the "rug pull" game through data analysis, each "rug pull" situation is difficult to summarize through analysis and replicate in every game.

    The whale behind the "rug pull" is the one who holds the script, they can deceive retail players through data manipulation or harvest profits from retail players in various ways.

    According to @Arya_web3's speculation, the cost of manipulating open interest data for whales is not high. Based on a $70 billion 24-hour contract trading volume, calculated at a 0.005% fee rate, the 24-hour cost is only $350,000.

    If the core of trading "rug pulls" lies in "anticipating whale actions," the difficulty is akin to gambling with someone holding the script, betting on the next scene in the script. Such difficulty, like opening the divine eye, can be called "superhuman-level."

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    RootData: BEAT will unlock tokens worth approximately 13.18 million dollars in one week

    RootData: BEAT will unlock tokens worth approximately 13.18 million dollars in one week

    According to token unlocking data from the Crypto asset data platform RootData, Audiera (BEAT) will unlock approximately 21.25 million tokens at 9:00 AM Beijing time on April 1, worth about 13.18 million USD.
    Analyst: The BEAT team's associated wallet sent $1.2 million worth of tokens to a CEX, raising suspicions of profit taking.

    Analyst: The BEAT team's associated wallet sent $1.2 million worth of tokens to a CEX, raising suspicions of profit taking.

    BlockBeats News, December 8th. According to Onchain School monitoring, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to Gate. Currently, these tokens are still held in the CEX deposit address and have not been further transfer...
    National Cryptocurrency Association Ripple: 67 Million Americans Own Crypto

    National Cryptocurrency Association Ripple: 67 Million Americans Own Crypto

    Trump Names Hyperliquid Entering the U.S., A Moment of 'Reconciliation' for DeFi

    Trump Names Hyperliquid Entering the U.S., A Moment of 'Reconciliation' for DeFi

    Nasdaq to Offer 23-Hour Trading for U.S. Stocks, Intensifying Competition with Tokenized Stocks

    Nasdaq to Offer 23-Hour Trading for U.S. Stocks, Intensifying Competition with Tokenized Stocks

    BitGo Registered as a Cryptocurrency Business in South Korea, Reports Say

    BitGo Registered as a Cryptocurrency Business in South Korea, Reports Say

    Interpretation of Selling Pressure from the Transfer of 308,884 HYPE

    Interpretation of Selling Pressure from the Transfer of 308,884 HYPE

    The address related to Multicoin Capital has been observed transferring 308,884 HYPE to Coinbase Prime. As deposits from exchange accounts continue, interpretations surrounding the supply of HYPE are diverging.
    800 Billion Won Investment: The Challenge of 'App Integration' for Hanwha Investment & Securities and Coinone

    800 Billion Won Investment: The Challenge of 'App Integration' for Hanwha Investment & Securities and Coinone

    Bitcoin Breaks Above $70,000, Lifting Crypto Financial Stocks | WEEX TradFi Daily (August 20, 2026)

    Bitcoin Breaks Above $70,000, Lifting Crypto Financial Stocks | WEEX TradFi Daily (August 20, 2026)

    Expanded U.S. Treasury long-bond buybacks helped pull yields lower and supported a modest rebound in risk appetite, with the major indexes closing slightly higher. At the same time, Bitcoin briefly rose above $70,000 and lifted crypto-linked equities, while positive Phase 3 vaccine data from Merck and Moderna pushed healthcare and biotech stocks higher. SK Hynix’s large-scale buyback also kept attention on the storage cycle and AI-related demand. Markets are continuing to digest the relatively hawkish Fed minutes while positioning ahead of earnings from Alibaba and Walmart.

    Budget 2027: Bercy Tightens the Belt on All Ministries Except Defense

    Budget 2027: Bercy Tightens the Belt on All Ministries Except Defense

    Bercy caps the increase in 2027 spending to 0.4% for civilian ministries, excluding Defense. A constrained budget reignites the debate on French debt.
    CLARITY Act rush could derail deal, Gallego says

    CLARITY Act rush could derail deal, Gallego says

    $190 Billion in 24 Hours: What's Really Driving Bitcoin and Ethereum's Biggest Rally of the Summer

    $190 Billion in 24 Hours: What's Really Driving Bitcoin and Ethereum's Biggest Rally of the Summer

    Bitcoin and Ethereum surged in a historic 24-hour rally that added $190 billion to the crypto market and triggered $2.98 billion in liquidations. Here's what Treasury buybacks, a massive short squeeze, and new SEC rules mean for traders on WEEX.

    Wall Street Morning Briefing: Besant Presses Long Bond 'Stop Loss' Button, Gold and Bitcoin Surge; Moderna Ignites Pharma Bull Market, AI Momentum Stocks Liquidated

    Wall Street Morning Briefing: Besant Presses Long Bond 'Stop Loss' Button, Gold and Bitcoin Surge; Moderna Ignites Pharma Bull Market, AI Momentum Stocks Liquidated

    Full Speech by Wang Xingxing at the 2026 World Robot Conference: Embodied Intelligence of ChatGPT Will Arrive in Two to Three Years at the Fastest

    Full Speech by Wang Xingxing at the 2026 World Robot Conference: Embodied Intelligence of ChatGPT Will Arrive in Two to Three Years at the Fastest

    Arthur Hayes: Waiting for Fed Signals to Reload for the Crypto Bull Market

    Arthur Hayes: Waiting for Fed Signals to Reload for the Crypto Bull Market

    Arthur Hayes's latest research report: The yen mechanism forces the Federal Reserve to "indirectly print money," and crypto assets will experience a liquidity explosion.
    AI agents could make today's billion-dollar crypto hacks look like 'pennies,' industry leaders warn

    AI agents could make today's billion-dollar crypto hacks look like 'pennies,' industry leaders warn

    Surge in AI Debt Financing in the U.S. May Draw Market Attention in September

    Surge in AI Debt Financing in the U.S. May Draw Market Attention in September

    White House Meeting Overview: What Did Trump Say?

    White House Meeting Overview: What Did Trump Say?

    Is Venture Capital Dead? A "Letter of Advice" to All Soon-to-be Obsolete Fund Managers

    Is Venture Capital Dead? A "Letter of Advice" to All Soon-to-be Obsolete Fund Managers

    China Expands Digital Yuan Operating Network to 30 Institutions, Adding 8 Local Banks

    China Expands Digital Yuan Operating Network to 30 Institutions, Adding 8 Local Banks

    Tipping in the United States: Customs and Suggested Amounts to Avoid Overspending

    Tipping in the United States: Customs and Suggested Amounts to Avoid Overspending

    Restaurants, bars, taxis, and hotels have different rules that one should know before paying to avoid mistakes or unnecessary expenses.
    Trillion-Dollar Consumer Loan Market: Key Players Missing

    Trillion-Dollar Consumer Loan Market: Key Players Missing

    Exports: The First Effects of Agreements with the US and the EU Emerge, with Beef as the Star Product

    Exports: The First Effects of Agreements with the US and the EU Emerge, with Beef as the Star Product

    Trade agreements contribute to record harvests, the Vaca Muerta boom, price improvements, and measures such as the removal of export taxes, all factors driving sales to other countries.
    Interpretation of SEC's New Crypto Regulations: No Registration Required for Fundraising Below $5 Million, Is the Altcoin Season Coming Back?

    Interpretation of SEC's New Crypto Regulations: No Registration Required for Fundraising Below $5 Million, Is the Altcoin Season Coming Back?

    Middle East Situation Update: Iran to Announce New Strait Route, US Claims 65 Merchant Ships Redirected

    Middle East Situation Update: Iran to Announce New Strait Route, US Claims 65 Merchant Ships Redirected

    Record Delinquency Among Families: What to Do When Debts Accumulate and When to Consider Refinancing a Loan

    Record Delinquency Among Families: What to Do When Debts Accumulate and When to Consider Refinancing a Loan

    The expansion of digital wallets has facilitated access to loans but has also increased the risk of taking on financing without understanding its cost. Experts recommend identifying all obligations, prioritizing those with higher rates, and negotiating better conditions before the debt becomes unman...
    Wall Street Begins to Look Beyond Bitcoin's Decline

    Wall Street Begins to Look Beyond Bitcoin's Decline

    Bitcoin is a 'secret code' for retiring without selling, according to analyst

    Bitcoin is a 'secret code' for retiring without selling, according to analyst

    AILA Raises $3 Million to Expand AI-Powered Learning Solutions

    AILA Raises $3 Million to Expand AI-Powered Learning Solutions

    Why Moderna (MRNA) Stock More Than Doubled: The INTerpath-001 Cancer Vaccine Result, Explained

    Why Moderna (MRNA) Stock More Than Doubled: The INTerpath-001 Cancer Vaccine Result, Explained

    Moderna shares more than doubled on 19 August 2026 after Merck and Moderna said the Phase 3 INTerpath-001 trial of intismeran autogene plus KEYTRUDA met its recurrence-free survival endpoint in resected melanoma. This page explains what the result is, why the stock reacted this hard, what is still unknown, which dates come next (presentation and earnings, both unconfirmed), and what a trader can actually do on WEEX — which does not list Moderna; the nearest instrument is the XBI-USDT biotech ETF perpetual. No price targets, no forecasts.

    RootData: BEAT will unlock tokens worth approximately 13.18 million dollars in one week

    According to token unlocking data from the Crypto asset data platform RootData, Audiera (BEAT) will unlock approximately 21.25 million tokens at 9:00 AM Beijing time on April 1, worth about 13.18 million USD.

    Analyst: The BEAT team's associated wallet sent $1.2 million worth of tokens to a CEX, raising suspicions of profit taking.

    BlockBeats News, December 8th. According to Onchain School monitoring, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to Gate. Currently, these tokens are still held in the CEX deposit address and have not been further transfer...

    National Cryptocurrency Association Ripple: 67 Million Americans Own Crypto

    Trump Names Hyperliquid Entering the U.S., A Moment of 'Reconciliation' for DeFi

    Nasdaq to Offer 23-Hour Trading for U.S. Stocks, Intensifying Competition with Tokenized Stocks

    BitGo Registered as a Cryptocurrency Business in South Korea, Reports Say

    ...
    One account, every market
    Trade stocks, gold, oil and more!
    One account, every marketTrade now

    Contents

    What is a "Meme Coin"?
    How to Identify a "Meme Coin"?
    How to Identify an Impending "Meme Coin" Collapse
    Audiera
    Closing Thoughts

    Latest articles

    07/31/2026

    Stablecoin remittances hit 9% in Bank of Italy test

    07/28/2026

    Nansen CEO bets on AI agents to overtake human traders within two years

    EDGEEDGE
    00.00%--
    04/13/2026

    Found a "meme coin" that skyrocketed in just a few days. Any tips?

    In the Chinese community, there has gradually emerged a full-fledged "Crypto Occultism."
    08/20/2026

    National Cryptocurrency Association Ripple: 67 Million Americans Own Crypto

    SIGNSIGN
    00.00%--
    SNTSNT
    00.00%--
    08/20/2026

    Trump Names Hyperliquid Entering the U.S., A Moment of 'Reconciliation' for DeFi

    HYPEHYPE
    00.00%--
    JSTJST
    00.00%--
    AMPAMP
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download