Biggest Crypto Gainers Today on DEXTools – GMAC, TIA, TRUMP

cryptonews.com:

Major blue-chip cryptocurrencies are consolidating within recent intra-day ranges as traders keep their powder dry ahead of Wednesday’s key US Federal Reserve policy announcement.

Bitcoin (BTC) was last moving sideways in the $34,200s, around the mid-point of its recent $33,400-$35,200ish range, while Ether (ETH) was last changing hands just under $1,790, around the mid-point of its recent $1,750-$1,860 range.

BTC’s triangular-like formation could be a sign of bullish consolidation and that another pump is around the corner.

However, a pullback to prior 2023 highs in the $31,800 region is just as likely, which would wipe out weak hands that FOMOed in as Bitcoin pumped to new yearly highs and offer a new opportunity for longer-term bulls to load up on positions.

Indeed, the outlook for Bitcoin arguably remains very strong with 1) ongoing hype around near-term spot Bitcoin ETF approvals in the US, 2) a growing narrative of BTC as a safe haven as stocks and bond falter and 3) the April 2024 halving around the corner.

Major blue-chip altcoins were last trading mixed, with the likes of XRP (XRP) and Solana (SOL) last up around 3% each and Cardano (ADA) and Dogecoin (DOGE) last down around 4% each in the past 24 hours, as per CoinGecko.

With blue-chip cryptocurrencies taking a breather, traders looking for high levels of volatility will continue to turn to the highly illiquid shitcoin/meme coin market.

Here are some of the top-performing low-cap shitcoins as per DEXTools.

The native token of the Gemach Decentralized Autonomous Organization (DAO) ($GMAC), which claims to aim to organize, educate and empower people in the use of Decentralized Finance (DeFi), has pumped an impressive near 300% in the last 24 hours, as per DEXTools.

$GMA