I've been using this platform for a while, and honestly, I've wasted a lot of SOL. Although I've stopped, I still see some PumpDotFun coins trending on DEXTools with more than $1M market cap which mostly starts from $30k or $20k marketcap depending on the DEV holdings. I've always thought the idea of a good memecoin from PumpDotFun was seeing the coin having a good website and active community, but now I realize it's just luck and timing. It's probably about knowing the right time when a celebrity is about to launch their token.
Does anyone have better idea on how to identify reliable tokens or avoid rug pull tokens on pumpdotfun?