<ul><li>A memecoin farmer (scammer) focuses on reverse engineering trading strategies.</li><li>They use tools like sniper bots, transactions bots, and volume bots to manipulate on-chain metrics.</li><li>The process involves buying a large supply, pumping volume, increasing the number of holders, and then dumping on unsuspecting victims.</li><li>To avoid being scammed, it is important to spot high sniping and bundling, fake volume, and fake holders.</li></ul>

I talked to a person who made $2.4M by launching memecoin farms

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