Navigating the New Solana Memecoin Landscape

The Solana memecoin market has been a wild ride lately, and a recent thread by @_enftree on April 2, 2025, dives deep into how traders are adapting to this chaotic meta. If you’ve been following the crypto space, you know things have gotten tougher since the Trump-Libra scandal earlier this year. For context, back in January 2025, a Trump-themed memecoin launched on Solana, causing a 12% surge in SOL’s price, as reported by CNBC. But the hype was short-lived—tokens like Libra crashed hard by February, shaking up the market and making it what @_enftree calls “Lethal” difficulty.

So, what’s changed? Memecoins used to have a bit more staying power. @_enftree points out that during the AI Agent meta, coins like $ARC could hold steady for up to 80 days with stable volume. But now, even new tokens like $PWEASE, which surged over 50% to a $13.5 million market cap in March 2025 according to Bitcoin Ethereum News, can’t sustain for a month. The market’s become a high-stakes game where liquidity is wild, and volatility is through the roof.

From Multiday to In/Out: A Strategic Shift

Back in the day, @_enftree relied on a “Multiday Strat”—a safer approach where you’d monitor coins twice a day, looking for ones that could hold steady or move sideways for days or even weeks. This worked because profits from new memecoins often flowed back into larger market cap coins, keeping things somewhat predictable. But that strategy’s out the window now. The new meta demands a faster, riskier approach: the “in/out” playbook, a term coined by @_mythicalpotato.

So, what’s the “in/out” strategy? It’s all about speed. You buy memecoins (spot) with a 50/50 split between the memecoin and SOL, set a tight price range, and aim to be in and out within 30 minutes. During that time, you’re glued to the charts, watching for weird price action (PA) or deciding if you’ve made enough profit for, say, a coffee. ☕️ It’s a degen play—high risk, high reward—but in today’s market, the safer Multiday approach just doesn’t cut it anymore. As @_enftree puts it, “Money is printed in a bull market, but wealth is created in a bear market.” They’re leaning into the risk, even if it’s unclear whether we’re in a bull or bear phase.

Leveraging Meteora’s DLMM Tools

One key to making this strategy work is using tools from Meteora, specifically their Dynamic Liquidity Market Maker (DLMM) system. DLMM lets you provide liquidity in a specific price range, earning fees from trades while reducing some of the risks of holding a volatile memecoin. @_enftree mentions setting tighter ranges than before—unlike the Multiday Strat, where they’d widen the range to -74% to account for memecoin volatility. Now, most coins die before dropping that far, so a tight range is the way to go. You farm fees during the range and exit fast.

The thread includes some visuals that show the reality of this meta. One chart tracks cumulative SOL profit over time, while another breaks down SOL profit by token—highlighting how scattered and unpredictable returns are. Another image shows a Bitcoin chart with a tight range, likely illustrating the kind of quick in/out play @_enftree is talking about. Meteora’s community tools, like those from @UseUltraLP and @SolMeteorAI, are also crucial for monitoring live profit and loss (PnL), helping traders make quick decisions.

Managing Risk in a High-Stakes Game

This “in/out” approach is a big departure from @_enftree’s old risk management habits. With the Multiday Strat, they’d screen tokens thoroughly, waiting for proof of sustainability—like a minimum market cap or hours post-migration. Now, they’re jumping into coins as early as a 100k market cap, way below their usual 4 million threshold. Sizing is also key: they allocate just 1-3% of their portfolio per trade, ensuring they can handle a total loss without losing sleep. “Shooters shoot,” they say, emphasizing the need to keep taking shots in this uncertain meta.

Replies to the thread add more context. @FwogRoss asks about using one-sided bids to dollar-cost average (DCA) into coins for long-term holds, but @_enftree isn’t convinced. They don’t see any memecoins worth holding long-term right now—not even $WIF, which has been struggling. Instead, they’d rather DCA into coins born in a bear market, like $MOG or $PEPE, if they find a good candidate.

Why Not Just Flip?

@Mr.Coffee raises a good question: if you’re doing in/out, why not just flip coins for quick profits? @_enftree explains that using DLMM reduces risk. If a memecoin doesn’t pump as expected, you can still earn fees while waiting. Plus, you might even exit in profit if the price dips below your entry, something quick flipping can’t guarantee. It’s all about balancing risk and reward in a market where, as Reddit’s r/solana points out, liquidity can vanish suddenly.

Final Thoughts

The Solana memecoin meta is a battlefield, and @_enftree’s thread shows how traders are adapting to survive. The “in/out” strategy, powered by Meteora’s DLMM tools, offers a way to navigate the chaos—farm fees, exit fast, and keep your portfolio intact. It’s not for the faint of heart, but for those willing to take the risk, it’s a way to keep printing in a market where nothing lasts long. Want more insights like this? Check out @met_lparmy for alpha, and give a shoutout to @_mythicalpotato for inspiring this playbook. 🥔