How to Find Good Narratives
If you want to make money in memecoins, you need to be early. Early to narratives, and early to trends.
Most big runners don't come out of nowhere. They're usually attached to something bigger:
A meme that's spreading fast
An online community gaining traction
A tweet or moment that people can't stop talking about
Memecoins are tokenized attention. The more eyeballs something has, the more people ape in.
Your job is to see it before everyone else does.
Finding Strong Narratives
Use tools, but don't rely on them
Wallet trackers can show you early buyers, repeat buyers, and known wallet movement. Useful for spotting patterns you'd miss manually. More on this in Wallet Hunting and Tracking.
But tools don't tell you why something matters. That's still on you.
Case Study: $PNUT
This is a real trade. Here's how it played out.
The narrative
A squirrel named Peanut got seized and euthanized by New York State. The story hit mainstream news and people were outraged. Within hours, a coin launched.
What I saw
Elon tweeted about the squirrel. Then tweeted again. Then changed his profile picture to it.
When someone with 200M+ followers keeps posting about the same thing, that's not just a meme. It's a sustained attention source. The narrative had fuel that wasn't going away overnight.
What I did
Entered with real size. Not a small position. Conviction sized.
What happened
The coin dipped substantially. I held through it because the attention source (Elon) kept feeding it. He started using it as a political weapon in the lead-up to the election, which extended the narrative's lifespan way beyond a normal meme cycle.
Big win.

This trade worked because the attention had staying power. It wasn't just a viral moment. There was an ongoing catalyst that kept bringing eyeballs back. Most narratives don't have that. Recognize when one does.

