Biggest Crypto Gainers Today on DEXTools – RICKY, DOJO, EMOTI
Major cryptocurrency prices are trading with a modest positive bias on Wednesday.
Bitcoin (BTC) was last a little higher in the last 24 hours in the $26,300s, as was Ether (ETH) which was last changing hands just above $1,600.
The latest US inflation numbers, whilst a tad above expectations, showed a big drop in the YoY rate of Core CPI, keeping intact the disinflationary trend in the US economy and thus easing fears about continued interest rate hikes from the US Federal Reserve.
Whilst macro is arguably a net positive for crypto sentiment on Wednesday, concerns about potential big sales from bankrupt exchange FTX are dampening sentiment a little.
The court presiding over the case on Wednesday gave the shuttered exchange permission to begin selling off its $3.4 billion in digital asset holdings, with this a particular concern for Solana, given the exchange currently holds around 16% of the token’s outstanding supply.
For the most part, despite some recent choppiness, major cryptocurrencies remain mostly locked within recent ranges.
Traders thus continue to turn to the shitcoin/meme coin markets in the hunt for a better prospect of near-term gains.
Here are some of the best performers on the day, as per DEX Tools.
A new Rick & Morty-themed shitcoin called Ricky Morty Morty ($RICKY) has seen an explosive start to life on Wednesday, gaining over 2,000% versus its DEX launch price earlier in the day as per DEXTools.
$RICKY last had a market cap of around $827,000 with nearly $350,000 in liquidity and nearly $1 million in trading volumes so far.
The cryptocurrency has already been able to accumulate close to 200 holders amid a total TX of over 600.
DEXTools’ TokenSniffer and GoPlus security audits don’t reveal any concerning aspects to
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