1 SOL to 5 SOL W/ METEORA DLMM EP. 1

Using Meteora DLMM Pools I manage to grow my balance from 1.5 Solana to almost 5 Solana through strategic positioning and careful market observation. Each trade relied on understanding market dynamics and utilizing effective curve strategies to maximize profits. If you want to get involved yourself you can join the Meteora DLMM Telegram Channel

Written by

Razzear-PFP
Razzaer

Published on

August 12, 2024
  • Table of Contents

In my latest video, I dive into trading several coins: CHWY, YES Coin, Shark, and VUNCE Coin. Here’s a detailed breakdown of each trade.

1. CHWY

I started with 1 Solana and focused on using a bid-ask curve strategy to capitalize on market dips. My approach involved buying at lower price levels to generate fees when the price surged. After a successful trade, I increased my balance to 2.3 Solana. I made about 50% profit on the token itself and an additional 25% from trading fees, bringing my total to approximately 3.3 Solana.

2. YES Coin

I entered this trade with a small amount, around $150, and utilized a similar bid-ask strategy, targeting lower price levels. The coin experienced significant volume and price movement, allowing me to secure over 10% profit, totaling $56 in fees. My overall position grew significantly due to the high trading volume, and I was able to withdraw my initial investment while retaining profits.

3. Shark Coin

For Shark Coin, I entered with 1.5 Solana during a high-volume dip. I strategically set my bid-ask curve to capture the price drop, generating solid fees as the market fluctuated. I made two trades here, resulting in $50 and $17 profits, respectively. The strategy focused on exiting near the top of the price movement, allowing me to maximize gains even amidst volatility.

4. VUNCE Coin

Lastly, I traded VUNCE Coin, entering with a similar strategy around a significant drop. I purchased a small amount and quickly sold it for a 31% profit, leveraging the high volume during the price surge. The total profit from this trade was notable, as I managed to buy low and sell high within a short window, enhancing my overall balance.

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