Biggest Crypto Gainers Today on DEXTools – STRONGX, M87, SHIB0.5
Blue-chip cryptocurrency markets remain stuck within recent ranges and trading with a modestly negative bias on Thursday, despite US inflation data fuelling the crypto-positive narrative that the US Federal Reserve’s hiking cycle is over.
Bitcoin (BTC) was last changing hands close to $29,400, while Ether (ETH) was last trading just under $1,850.
With little to no meaningful volatility in the major coins, crypto traders looking to bag quick gains are increasingly turning to the meme coin/shitcoin market, where volatility is always high.
Of course, these low liquidity markets are not for the faint-hearted.
Here are some of the best performers as per DEXTools.
A new shitcoin called StrongX (STRONGX) has been pumping on Thursday.
As per DEXTools, it was last up close to over 1,200% in the last 24 hours, making it one of the top shitcoin performers on the day.
The token has a market cap of around $1.4 million and over $1.5 million in trading volumes in the past 24 hours, with over 500 holders and around $500,000 in locked liquidity.
DEXTool’s GoPlus audit scan has only highlighted one alter, but the token does have a 2% buy and sell tax.
While it probably isn’t a scam, traders should nonetheless be wary that StrongX could dump just as quickly as it pumped.
A token called Messier 87 which claims to be the native token of a platform that is developing a diverse range of DeFi products, including innovative tools for transitioning between fiat and crypto, has been pumping on Thursday.
M87 was last up nearly 5x in the last 24 hours amid a surge of over $600,000 in trading volumes, as per DEXTools.
The token’s market cap was last around $3.5 million, with close to 500 holders and just under $350,000 in liquidity.
Traders should beware that the
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