How to Find Meme Coins Earlier: Using Trenches, Callouts, and Wallet Tracking
How to find meme coins earlier with GMGN: scan new pairs in Trenches, read Callouts, and track wallets — three discovery routes that shorten signal-to-research time.
There are three ways to find meme coins earlier: scanning new pairs, reading Callouts, and tracking wallets. “Earlier” here doesn’t mean predicting which coin will run — it means shortening the gap between a signal appearing and that coin landing on your research list. Scanning new pairs finds coins from the coins themselves. Callouts find coins from what traders say publicly. Wallet tracking finds coins from what traders actually do on-chain. In GMGN these three map to Trenches, Callout, and wallet tracking.
None of the three is always earlier than the others. Scanning new pairs sits closest to the moment a coin appears and has the widest coverage, but also the most noise. Callouts let you start from coins someone has already publicly backed, instead of working through the entire new-pair feed. Wallet tracking ignores what people say and watches what a chosen set of addresses actually does — when one of them buys something that isn’t on your radar yet, that becomes your prompt to go look. They complement each other rather than replace each other.
Traders need more than one discovery method because new coins now arrive faster than anyone can research them one by one. MELT covers 41,470 meme coins launched through Pump.fun between December 1, 2024 and March 1, 2025 that completed migration to a DEX, spanning over 200 million on-chain transactions — and that figure only counts coins that made it through the full migration lifecycle. (Source: arXiv: MELT — A Behavioral Trace Dataset for High-Risk Memecoin Launch Detection)
So “where are the new coins” is only step one. The harder question is which ones to look at first. But no matter which entry point surfaces a coin, you still end up back at the token itself: liquidity, DEV behavior, Top 10 concentration, Bundler, Sniper, and safety checks don’t get skipped just because the coin came from a different source.
How Do You Filter New Meme Coins? Using GMGN Trenches
Filtering new meme coins starts with narrowing the field: in GMGN Trenches, switch to the chain you want, check the launchpads you want to watch together, then work through the New, Almost bonded, and Migrated stages. On the first pass, focus on trading activity, holder structure, and Callout count on each card, and pull out the coins worth a closer look.
No need to open every token page on that first pass — market cap, volume, holders, DEV, Top 10, Sniper, and Bundler all sit on the card, and that’s enough to narrow the list.
Volume and price gains are useful for filtering, but on their own they don’t prove the interest is organic. A study covering 34,988 meme coins across Ethereum, BNB Smart Chain, Solana, and Base found that among coins that gained more than 100% during the three-month observation window, 82.89% showed signs of artificially manufactured market interest, including wash trading and Liquidity Pool-Based Price Inflation (LPI). (Source: USENIX Security 2026: A Midsummer Meme’s Dream)
Once you have candidates, check which launchpad each one came from and what stage it’s in. The stage isn’t a quality signal — it tells you which set of trading rules currently applies. Bonding curves, migration conditions, and post-migration trading rules differ between launchpads, and even different launch modes on the same launchpad can take different migration paths. Those differences affect your execution route, your fee structure, and where the main liquidity ends up after migration. Four.meme, for example, offers several launch modes with different post-graduation destinations — one of them migrates to Likwid DEX (Source: Four.meme: Modular Token Launch Engine). On Flap, pool type depends on token type — tax tokens can only migrate to Uniswap V2 or its forks, while non-tax tokens go to V3 first and fall back to V2 — and tax itself works differently before and after migration (Sources: Flap: Migrated To DEX, Flap: PreBond Tax).
If you already have devs you follow — or ones you want out of your feed — you can bring dev addresses into your Trenches filters. Under Customize → Layout → Tracked Dev, turn on Show Highlight Border and new coins from those devs get highlighted in Trenches. Going the other way, add a dev wallet to the Blacklist and everything they deploy afterwards gets filtered out. (Source: GMGN: Tracked Dev / Dev Blacklist)
Trenches cards also show how many Callouts a coin has. What that number means depends on how a Callout differs from an ordinary call on X or in a group chat.
What Is a Meme Coin Callout? How Is It Different From Calls on X or Telegram?
A GMGN Callout is a public opinion backed by a position: the poster has to connect their X account and hold at least the threshold amount of that coin at the time of posting, with the exact amount shown on the posting screen. The main difference from a post on X, Telegram, or Discord is that those can’t normally prove the person holds the coin they’re talking about. (Mechanism: GMGN Callout OpenAPI)
In meme trading, “callout” generally means a trader publicly calling a specific coin. GMGN adds identity and holding requirements on top of that. The differences come down to three things:
| GMGN Callout | Calls on X / Telegram | |
|---|---|---|
| Where you see it | In the global Callout feed across coins, and on each token page collected under that coin | Scattered across accounts, groups, and channels — you have to go find them |
| Position required | Must hold the coin above the threshold when posting | No standard on-chain holding requirement |
| Identity | Every Callout is tied to a public X account | Social handle and on-chain wallet usually have to be matched separately |
So what a Callout actually establishes is: who publicly called which coin, and that the address met the holding requirement at the moment of posting. It doesn’t prove that person just bought in, that they won’t sell, or that the coin is worth trading.
What Is GMGN Manifesto?
A GMGN Manifesto is a paid, pinned Callout: pay, and that Callout gets pushed to the front, with the amount paid displayed on the card. (Source: GMGN Manifesto)
The amount tells you how much someone paid for that Callout’s visibility. It is not a measure of whether the call is right, and not a safety or quality score for the coin. Callouts tell you who is publicly calling what; Manifesto adds who is willing to pay to get that call in front of more people.
How Do You Use Callouts to Find Meme Coins?
Using Callouts to find coins covers three situations: checking whether anyone has called a coin while you’re scanning; finding coins currently being called when you have no coin in mind yet; and looking at who called it and when, once you’ve settled on a coin. In GMGN, those three map to the following entry points.
| Where you are | Where to look in GMGN | What you get |
|---|---|---|
| Scanning new pairs, no coin picked yet | Trenches cards | The Callout count on that coin |
| No coin in mind, want to see what’s being called | Web: Callout icon in the bottom toolbar → Callout panel; App: Track → Callout | The cross-coin Callout feed, the callers, and paid-pinned Manifestos; switch between Mine and GMGN ALL |
| Already have a coin, want the detail | Web: token page → GMGN Community → GMGN Callout; App: token page → Holders → Community | Every Callout on that coin, who posted it, and when |
Trenches and token pages work coin-first, then show you the Callouts. The global Callout panel runs the other way: you see the calls happening now, and find coins from there. That’s where Callouts genuinely contribute to discovery — not as another social metric bolted onto coins you already found, but as a way to work backwards from the call to the coin.
How Do You Use Wallet Tracking to Find Meme Coins?
Using wallet tracking to find coins means picking a set of traders or smart money wallets worth watching, then letting their buys, adds, and exits surface coins and narratives you never scanned yourself. Compared with actively scanning new pairs, the difference is what triggers you: instead of watching the feed non-stop, you let real trades from those addresses tell you when to look.
In GMGN you can follow KOLs, public wallets you’ve vetted yourself, or watch the smart money activity the platform surfaces. KOL and Smart Money describe which kind of wallet you’re watching — what actually surfaces coins is the trades those addresses make. For how to vet smart money wallets and read their track record, see How to Track and Copy Solana Smart Money Wallets (2026 Guide).
Callouts and wallet tracking give you two different kinds of information: a Callout records a trader publicly calling a specific coin and requires a position at the time of posting; wallet tracking shows you that address’s buys, sells, position changes, and transfers as they happen.
Wallet tracking doesn’t have to mean copying the trades — it can also surface coins or narratives you’d never have found on your own. GMGN user Scharo added Anom’s public wallet to his tracker. When the alert came in that Anom had bought a Pokémon-themed coin, he didn’t buy that one. He followed the theme instead, dug through similar coins, and bought a different one. The coin that triggered the alert went to zero; the one he picked did close to 10x. (Story: From Ambulance to Full-Time Trader — Scharo’s $300K and Two Wipeouts)
When you track public wallets, you also need to separate trades from transfers. A coin showing up in a wallet doesn’t mean the owner bought it. On Solana, Transfer and TransferChecked simply move tokens from one token account to another for the same mint — they say nothing about whether the recipient bought anything on the market. (Source: Solana: Transfer Tokens)
In GMGN, open a wallet page → Activity and use the Type filter to separate the two:
- Buy/Sell — trades the wallet actually executed;
- Transfer — tokens moving in or out of the address.
This matters most for public wallets: anyone can send tokens to a public address, so seeing a coin in someone’s wallet is not evidence they bought it. GMGN also supports tracking public FOMO wallets — search the address, follow it, and use the same method to tell whether a coin was bought or simply sent in. (Source: GMGN: FOMO wallet transfer tracking)
What Should You Check After Finding a Meme Coin?
Finding a coin only means it’s earned a place on your research list — it doesn’t mean you can buy it. The discovery route changed; the risks you need to clear before buying didn’t. GMGN runs these checks for you on the token page: whether LP is burned, whether the contract is a honeypot, whether permissions have been renounced, whether more supply can be minted, plus DEV holdings, Top 10 concentration, Bundle, and Sniper / Insider ratios. The checks surface the data — what it means is still your call.
If the same coin shows up across several wallets you follow, confirm those addresses are actually independent. After clustering accounts by shared transactions, shared funding sources, and shared Jito bundle IDs, MELT found that at the point of migration, an average of 36.5% of token supply sits with these coordinated accounts. In other words, holdings that look spread across many addresses may trace back to the same group. (Source: arXiv: MELT — A Behavioral Trace Dataset for High-Risk Memecoin Launch Detection)
For the full pre-buy risk checklist, see How Do You Know If a Meme Coin Is Safe? A Guide to Spotting Honeypots and Rug Pulls.
Note: This article was updated in August 2026. GMGN product features may change; check the live product for current behavior.
Risk disclosure: Meme coin trading carries extreme risk and you can lose your entire principal. This article is for information only and is not investment or financial advice. Do your own research and make your own decisions before trading. GMGN makes no promise, guarantee, or prediction of any profit or return. Any user gains or profitable cases mentioned are individual, exceptional, and not representative of typical outcomes or of future performance.
FAQ
Does posting a Callout mean the caller just bought the coin?
What does a high Callout count tell you?
If a meme coin has Callouts, does that mean it passed a safety check?
If a wallet holds a meme coin, does that mean they bought it?
Which finds meme coins earliest: scanning new pairs, Callouts, or wallet tracking?
Related
- How to Track and Copy Solana Smart Money Wallets (2026 Guide) Track and copy profitable Solana smart money wallets with GMGN: find top traders, vet them, set real-time alerts, and auto-copy with safe guardrails.
- How Do You Know If a Meme Coin Is Safe? A Guide to Spotting Honeypots and Rug Pulls Before buying any meme coin, run four on-chain checks — can you sell, contract permissions, liquidity, and holders — to dodge most honeypots and rug pulls.