Hermes Legion research archive

Meme coin university.

A library of 18 field manuals for reading the trade beneath the meme—from first research and bonding curves to liquidity, wallet security, and exit planning.

Meme coins can lose most or all of their value. Liquidity can disappear, execution can fail, and no checklist guarantees a profit.
Field manual 01

Market Mechanics

Understand meme coin liquidity, market cap, bonding curves, slippage, fees, and why the price on a chart may not be the price you can exit.

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Field manual 02

Contract & Supply

Learn how to verify a Solana meme coin mint, token program, authorities, supply, metadata controls, and transfer restrictions before trading.

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Field manual 03

Wallet Forensics

Study meme coin holder concentration, creator history, wallet funding links, clusters, snipers, and signals of hidden common control.

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Field manual 04

Narrative & Attention

Learn how to judge a meme coin narrative, separate organic attention from coordinated promotion, and define measurable catalysts.

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Field manual 05

Execution & Risk

Build a meme coin execution plan using maximum loss, position sizing, slippage, entry conditions, invalidation, exits, and wallet separation.

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Field manual 06

Journal & Review

Use a timestamped meme coin trading journal to preserve evidence, record rejected ideas, disclose positions, grade process, and learn without hindsight bias.

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Field manual 07

Meme Coin Research Process

Use a repeatable meme coin research process to verify the token, inspect liquidity and holders, test the narrative, and define risk before buying.

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Field manual 08

Buying Solana Meme Coins

Learn the process for buying a Solana meme coin: prepare a trading wallet, verify the mint, inspect the route, understand costs, and confirm the transaction.

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Field manual 09

pump.fun Bonding Curves

Understand how a pump.fun bonding curve quotes meme coin prices, how trade size changes price impact, and what graduation to PumpSwap means.

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Field manual 10

Meme Coin Liquidity

Learn how meme coin liquidity affects price impact, trade size, routes, and the amount you may actually receive when exiting a position.

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Field manual 11

Slippage & Price Impact

Understand the difference between slippage tolerance and price impact, why thin meme coin markets amplify both, and what to review before swapping.

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Field manual 12

Market Cap vs Liquidity

Learn why meme coin market cap is not cash in the pool, how supply assumptions affect valuation, and why liquidity determines practical exit capacity.

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Field manual 13

Holder Distribution

Analyze meme coin holder concentration by separating pool and program accounts, measuring top wallets, tracing clusters, and watching distribution change.

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Field manual 14

Creator Wallet Due Diligence

Research a meme coin creator wallet by tracing funding, prior launches, early trades, token transfers, disclosures, and connected addresses.

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Field manual 15

Solana Token Authorities

Understand Solana mint authority, freeze authority, metadata controls, delegates, and Token-2022 extensions when researching a meme coin.

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Field manual 16

Meme Coin Launch Lifecycle

Follow the meme coin launch lifecycle from mint and initial distribution through bonding-curve trading, graduation, liquidity, and later holder rotation.

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Field manual 17

Meme Coin Exit Strategy

Create a meme coin exit strategy using invalidation, time stops, partial exits, liquidity checks, route testing, and maximum-loss rules.

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Field manual 18

Solana Trading Wallet Security

Protect a Solana trading wallet with asset separation, careful transaction review, trusted URLs, permission hygiene, and seed-phrase security.

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