Top Crypto Gainers Today on DEXTools
As Bitcoin (BTC) pumps to fresh more than two-year highs amid surging demand for its recently launched spot ETFs in the US, micro-cap meme coins in the on-chain markets are pumping, with investors using tools like DEXTools to hunt for top crypto gainers today.
Bitcoin rose above $57,000 on Tuesday as spot ETF trading volumes hit a new record.
ETF inflows, the upcoming halving and anticipated Fed rate cuts mean Bitcoin is odds on to hit fresh all-time highs above $69,000 this year.
That could mean near-term upside of at least 20%, making Bitcoin a must own asset in any crypto investors’ portfolio.
But high-risk-tolerance traders hunting even faster gains will continue to be drawn to micro-cap meme coins and shitcoins.
Shitcoins trading in the on-chain markets often experience sudden price pumps of as much as 10x in one day.
That’s because, thanks to their exceedingly low liquidity, relatively low levels of buy pressure can trigger big price moves.
Here are some of the top crypto gainers today that shitcoin/meme coin traders will be monitoring, as per DEXTools.
Top Crypto Gainers Today
SuperFarm ($SUPER)
A shitcoin called SuperFarm ($SUPER) has pumped up 700% in recent trade, as per DEXTools.
Its latest pump has seen its market cap rise to $4 million, although it only has around $100,000 in liquidity.
The token has been around since March 2022, so probably isn’t a scam.
Still, it’s still an illiquid shitcoin with no obvious utility, and hence a very risky investment.
Investors must always do their due diligence.
BabyPepe ($BABYPEPE)
An alternative version of Pepe Coin called BabyPepe ($BABYPEPE) that has been around since early 2023 is pumping.
$BABYPEPE was up around 340% in the past 24 hours, as per DEXTools.
Its market cap has subsequently recovered to around $1.5 million.
Given how long it has been around, $BABYPEPE is unlikely to be a scam.
The token also has no concerning aspects to its smart contract, as per DEXTools.
PEPEGOLD ($PEPE)
An old shitcoin called PEPEGOLD ($PEPE) that has been around since mid-2022 has pumped recently.
As per DEXTools, it was last up around 150% in 24 hours, along a broader pump in PEPE-linked tokens.
Given how long its been around, $PEPEGOLD is unlikely to be a scam.
But it does have a few smart contract alerts, including a potentially modifiable tax.
Crypto Alternatives to Consider
Low-cap coins can offer huge potential returns but also come with a lot of risk.
For those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
The post Top Crypto Gainers Today on DEXTools – SUPER, BABYPEPE, PEPEGOLD appeared first on Cryptonews.
