Top Crypto Gainers Today on DEXScreener – TRUMPX, DPOOL, RFUNNY
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As major cryptos consolidate ahead of a busy week of macro events, traders are turning to more speculative markets and utilizing tools like DEXScreener to hunt for top crypto gainers today.
Bitcoin (BTC) was trading within recent ranges in the $59,000 area, while most other major were relatively little changed in the past 24 hours.
Major macro events like Friday’s Fed Chair Jerome Powell’s Jackson Hole speech, Thursday’s US PMI data and this week’s Democrat convention will all be in focus.
Jerome Powell will indicate that the Fed is open to a 50 bps interest rate cut during his speech at the Jackson Hole Economic Symposium according to analysts from Evercore pic.twitter.com/de1UZTpX9X
In the meantime, impatient traders wanting volatility may turn to the on-chain meme coin markets.
New meme coins and shitcoins are released everyday on DEXs like Uniswap and Raydium.
Most are scams or pump-and-dumps of some sort and almost none retain long-term value.
That said, some are able to post massive 100x or more gains in very short periods of time.
And the prospect from going from rags to riches with a small investment is a major lure for traders.
That being said, here are some top crypto gainers today on DEXScreener that they will be watching.
A new Solana meme coin themed after US Presidential nominee Donald Trump is up over 750,000% since its launch.
Per DEXScreener, the token still had a small market cap of just over $500,000.
Its locked liquidity, relative to its market cap, anyway, was last around $560,000.
That said, it seems
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