Biggest Crypto Gainers Today on DEXTools – POGEX, XMoon, DARK
Blue chip cryptocurrency markets are mixed to modestly positive on Tuesday, amid largely cautious trading conditions one day out from the US Federal Reserve's highly anticipated interest rate decision on Wednesday.
Bitcoin (BTC) was last up around 1.5% in the last 24 hours in the $27,200 area, having continued to find strong support above its 21DMA at $26,200.
Ether (ETH), meanwhile, was last trading just under $1,650, but has importantly also managed to break above its 21DMA.
That signals a potential positive shift in momentum for both cryptocurrencies, with the 21DMA having in recent weeks acted as strong short-term resistance for both.
Ether doesn’t seem to have responded much to negative reporting regarding the cryptocurrency’s founder Vitalik Buterin and other major whales sending $60 million worth of holdings to crypto exchanges, perhaps due to news popping up that crypto asset management giant Grayscale had just applied for a new Ether Futures ETF.
That being said, ETH on Tuesday fell to its lowest level versus BTC in over 14 months, thanks to continued outperformer of the latter.
With trading conditions set to remain subdued ahead of Wednesday’s key Fed meeting, traders are instead turning to the shitcoin/meme coin markets to hunt for volatility opportunities.
Here are some of the best performers as per DEXTools.
A new shitcoin called PogeX ($POGEX) has exploded into life on Tuesday, rallying nearly 500% to a market cap of over $2 million, making it one of the best-performing low-cap coins as per DEXTools.
The token has already been able to accumulate nearly 500 holders and has over $300,000 in partially locked liquidity.
Its token contract appears to be fine, aside from a 3% buy and sell tax identified by GoPlus’ security
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