Top Crypto Gainers Today on DEXScreener – PRESIDENT, MARV, BITCOIN
On a relatively tame day for major cryptocurrencies that saw Bitcoin (BTC) nudge a little higher to the $68,000s but remain locked within recent range ahead of US Core PCE inflation data set for release on Friday, traders hunting for top crypto gainers today flocked to the volatile on-chain crypto markets.
Upside momentum regathered in USD
The underlying fundamentals cannot be denied
All eyes are on US Core PCE tomorrow! pic.twitter.com/chSGdV6OSi
— Ken Chigbo (@realkenchigbo) February 28, 2024
Last at $68,400, Bitcoin remains wedged well within its weekly ranges. Ethereum (ETH), meanwhile, fell back to the $3,700s as traders assessed when spot Ethereum ETFs might be launched.
Most other major altcoins also saw subdued trading conditions. The likes of Solana (SOL), Toncoin (TON) and Dogecoin (DOGE) were flat to 3% lower in the past 24 hours.
Flat trading conditions tend to encourage volatility-hunting investors to seek out riskier markets.
The riskiest markets in crypto are the markets for on-chain tokens, which trade on decentralized exchanges.
New meme coins and shitcoins are launched every single day. Most are either pump and dumps or scams, so traders need to be very careful.
Hardly any newly launched tokens will retain any long-term value. That said, some newly launched coins can post gains of 20, 50 or even 100x.
Here are some top crypto gainers today that traders will be monitoring using tools like DEXScreener.
A cat/Trump-themed meme coin called Trumpy (PRESIDENT) has pumped up hard since its launch this week.
PRESIDENT was last up 62,000% in the past 24 hours, per DEXScreener, pushing its market cap up to $1.1 million.
The new Solana meme coin is doing a decent job of drumming up social media support.
As per X, a supply burn
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