Biggest Crypto Gainers Today on DEXTools – LYNX, BOND, PB
Blue chip crypto markets are in consolidation mode on Friday as traders continue to digest this week’s barrage of hot US inflation readings and mixed commentary from the US Federal Reserve.
Bitcoin (BTC) was last trading flat in the $26,700s and Ether (ETH) just under $1,550, down in the region of 2% over the last 24 hours as per CoinGecko.
Ether continues to underperform Bitcoin in wake of damp demand for the recently launched batch of Ether futures ETFs in the US last week, recent ETH token sales by the Ethereum Foundation and concerns about on-chain weakness that has seen the ETH inflation rate turn positive once again.
Most other major altcoins also remain in a downtrend, with the likes of XRP (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Tron (TRX) and Toncoin (TON) all down between 1-4% over the past 24 hours.
With blue chip crypto markets still trading with a largely negative bias, traders will continue to turn to the highly illiquid shitcoin/meme coin market in the hunt a better chance of making quick gains.
Here are some of the best-performing coins, as per DEXTools.
Whilst it has recently backed sharply off of earlier weekly highs, a shitcoin called LYNX ($LYNX) is still up an impressive 90% in the past 24 hours, as per DEXTools.
The token last had a market cap of just under $2 million, close to 250 holders and around $170,000 in locked liquidity.
The token has a 5% buy and sell tax, as well as five other smart contract alerts, as per DEXTools’ security audit, so potential investors should exercise a significant degree of caution.
BarnBride ($BOND), the token of BarnBridge’s cross-chain risk tokenization platform, has enjoyed an almighty 60% pump in the past 24 hours on Friday, as per DEXTools.
That has pushed the
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