Biggest Crypto Gainers Today on Uniswap – $CHECKS, $VV, $BIDEN2024
$CHECKS, $VV and $BIDEN2024 are the biggest crypto gainers today on Uniswap, as the broader market downturn worsens.
Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick profits usually turn to low-cap markets.
Speaking of blue-chip markets, most major coins continue to stabilize on Thursday.
Bitcoin (BTC) was last moving sideways near $40,000, unphased by stronger-than-expected US GDP growth figures for Q4 2023 that may push back Fed rate cut expectations, and unphased by another 12.2K BTC tokens moved to exchanges by Grayscale, which indicates continued selling from the firm’s spot Bitcoin ETF.
Today’s movements from Grayscale:
Total BTC moved by Grayscale: 12.2K BTC | $487.4M
Total BTC deposited to Coinbase Prime: 10.0K BTC | $400.2M (-34.4% from yesterday)https://t.co/K7P3NmHxvf pic.twitter.com/4wjlvXcGAN
— Arkham (@ArkhamIntel) January 25, 2024
Ether (ETH), meanwhile, was slightly in the red in the past 24 hours near $2,200.
With major crypto prices struggling, here are some of the biggest small-cap crypto gainers today as per Uniswap.
Uniswap is the largest decentralized cryptocurrency exchange (DEX) and operates across multiple blockchains.
Meme-focused shitcoin called Checks Token ($CHECKS) has exploded higher on Thursday.
Up over 300% in 24 hours, as per Uniswap, it’s one of the biggest crypto gainers today.
As per DEXTools, its market cap is still mini at just $133,000 and with under $70,000 in liquidity.
It does have an impressive more than 1,450 holders, however.
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