How to Buy Meme Coins on Solana From Telegram: Wallet, Slippage and Your First Trade
Banana Gun lets you buy a Solana meme coin from Telegram in three stages: set up the wallet, make the first buy, then fix slippage if a buy fails. You fund the wallet with $SOL , paste a contract and tap a Buy button. The steps below follow Banana Gun's docs.
Set up the wallet
Open the bot, tap "Wallet Setup", then "Create Wallet". Or tap "Import Wallet" and paste a key from Phantom or Solflare.
A created wallet shows its private key once. Save it now, because Banana Gun cannot show it again.
Fund the wallet with at least 0.1 $SOL . Type /wallets to see the address.
Make the first buy
Paste a contract address into the chat, or a Birdeye, DexScreener or Pumpfun link.
The buy menu lists Token, DEX, Market Cap, Liquidity in SOL, Price, Tax, Recommended Tip and your Balance.
Read Liquidity and Tax first. Then tap a Buy button and wait for "Buy Success". The position appears under /positions.
When a buy fails
The docs give three fixes. Slippage is the price move you accept between your tap and the fill.
Raise the buy gas from 0.001 to 0.005 or higher, and the MEV tip over the same range. For volatile tokens, lift slippage from 5% to 10-30%.
If you see "Insufficient Funds", keep at least 0.05 $SOL in the wallet.
Set the exit on day one
Paste the contract, tap "Setup Sell Limit Order", pick "Take Profit" and trigger on percent change in Market Cap or Token Price. A +300% trigger is a 4x.
On a 0.5 SOL buy with Tokens set to 80% and a +300% trigger, you get about 1.6 SOL back, before fees and slippage.
Which would you set on your first position, the +300% trigger or a smaller one?
#BananaGun #memecoin #Solana #TelegramBot
Banana Gun lets you buy a Solana meme coin from Telegram in three stages: set up the wallet, make the first buy, then fix slippage if a buy fails. You fund the wallet with $SOL , paste a contract and tap a Buy button. The steps below follow Banana Gun's docs.
Set up the wallet
Open the bot, tap "Wallet Setup", then "Create Wallet". Or tap "Import Wallet" and paste a key from Phantom or Solflare.
A created wallet shows its private key once. Save it now, because Banana Gun cannot show it again.
Fund the wallet with at least 0.1 $SOL . Type /wallets to see the address.
Make the first buy
Paste a contract address into the chat, or a Birdeye, DexScreener or Pumpfun link.
The buy menu lists Token, DEX, Market Cap, Liquidity in SOL, Price, Tax, Recommended Tip and your Balance.
Read Liquidity and Tax first. Then tap a Buy button and wait for "Buy Success". The position appears under /positions.
When a buy fails
The docs give three fixes. Slippage is the price move you accept between your tap and the fill.
Raise the buy gas from 0.001 to 0.005 or higher, and the MEV tip over the same range. For volatile tokens, lift slippage from 5% to 10-30%.
If you see "Insufficient Funds", keep at least 0.05 $SOL in the wallet.
Set the exit on day one
Paste the contract, tap "Setup Sell Limit Order", pick "Take Profit" and trigger on percent change in Market Cap or Token Price. A +300% trigger is a 4x.
On a 0.5 SOL buy with Tokens set to 80% and a +300% trigger, you get about 1.6 SOL back, before fees and slippage.
Which would you set on your first position, the +300% trigger or a smaller one?
#BananaGun #memecoin #Solana #TelegramBot
