How to Trade DOGE, SHIB & Other Meme Coins Successfully: 7 Rules From a Pro

Alex Mason just released a super useful thread on how to actually win at meme coin trading – and it’s packed with practical tips that most people overlook.

If you’ve ever YOLO’d into a trending token and ended up holding the bag, this one’s for you. Mason doesn’t just talk about hype – he breaks down how successful meme coin traders think, prepare, and protect their capital.

Let’s get into it.

1. Don’t Let the “Fun” Fool You

Dogecoin and Shiba Inu may have started as jokes, but they run on the same crypto mechanics as everything else. Meme coins still live and die by supply and demand, liquidity, tokenomics, and psychology.

Treat them like serious trades – not just internet fun.

2. Yes, Meme Coins Have Fundamentals

Mason makes it clear: not all meme coins are scams or pump-and-dumps. The ones that survive usually have:

  • Strong communities
  • Clear tokenomics
  • An actual roadmap (or at least a vision)

So before you ape in, check if the project has a real foundation – or if it’s just a meme with no plan.

Read also: GROK Predicts PEPE, XRP and TOKEN6900 Prices in 2025

3. Community Is Everything

A meme coin is only as strong as its followers.

Look for:

  • Active Telegram or Discord groups
  • Viral memes flying around X (formerly Twitter)
  • A real “cult” vibe among holders

These aren’t just signs of hype – they’re indicators of how far the meme might go. If people care, it has a shot.

4. Study the Tokenomics (Seriously)

You can’t ignore the numbers.

  • What’s the total supply?
  • Are there massive whale wallets holding 50%+ of tokens?
  • How’s the distribution among holders?

Mason points out: bad tokenomics will wreck a coin, no matter how funny the memes are. Use tools like Etherscan, Solscan, or BSCScan to investigate before buying.

5. Timing Is the Game

Getting into meme coins is all about timing the hype wave.

  • Is it trending on X?
  • Are influencers talking about it?
  • Is the volume rising or falling?

Too early = no momentum.
Too late = exit liquidity.
Find the sweet spot.

6. Always Do Your Own Research (DYOR)

Mason’s advice: double-check everything.

  • Make sure the contract address is legit.
  • Look into the dev team.
  • Scan for shady wallet activity or sudden token unlocks.

Scams are everywhere. Don’t trust hype alone – verify it.

Read also: Dogecoin Price Prediction Following a 30% DOGE Rally

7. Protect Your Capital

This one’s simple but powerful: don’t bet what you can’t afford to lose.

Mason says to treat meme coins like a high-risk poker hand. Plan your entries and exits. Set stop losses if possible. Take profits when things pump. And never, ever risk your entire stack.

His golden rule:

“Never risk more than 10% of your bankroll on a single trade.”

Wrapping Up

Meme coins can make you rich. They can also wreck your portfolio in hours.

But if you follow Alex Mason’s framework – community analysis, tokenomics checks, risk management, and emotional control – you’ll have a shot at surviving this wild part of crypto.

Because in meme coin land, the line between hero and exit liquidity is razor thin.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo