Top Crypto Gainers Today on DEXScreener – SENDR, IZZY, MEGS
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 cryptocurrencies take a breather during early Wednesday Asia Pacific trade in wake of a bullish start to the week, risk-tolerant crypto traders are turning to the on-chain DEX markets to hunt for top crypto gainers today.
Bitcoin (BTC) could post 60% gains before the year’s end, while other major altcoins might do even better.
But some crypto traders are chasing much larger and faster gains.
That’s why they flock to the on-chain DEX markets, where promising new tokens frequently post rapid 20-50x gains.
Of course, DEX markets are exceedingly risky. Many new tokens are scams, or pump-and-dump schemes.
But the promise of getting rich quick is a strong draw for traders, who often use tools like DEXScreener to find trending coins.
Here are some top crypto gainers today they will be watching.
A promising new smart-payment protocol called Sendr (SENDR) just launched and has already clocked gains of over 8,000% in under 24 hours.
Per DEXScreener, its market cap was still last around $500,000, with around $100,000 in locked liquidity.
The token already has the backing of a few well-known callers.
$SENDR ranging beautifully around 300k market cap
Cheap right now, but not for long!
Don’t fade $SENDR, don’t fade drae
Their branding and tech is immaculate @sendrcoin https://t.co/vRKf3vCF0e pic.twitter.com/fCmtcVRsaT
The protocol looks very promising and could have 20-50x potential.
That said, investors must do their own research before getting involved, as DEX markets are very risky. New DEX tokens can crash just as easily as they can pump.
Read more on cryptonews.com
