On a subdued day for major cryptos, as investors took a breather following Thursday’s staggering rally, investors instead turned to on-chain shitcoin markets on the hunt for top crypto gainers today.
Bitcoin (BTC) went sideways in the $61,000 area. Other major cryptos like Ethereum (ETH) and Solana (SOL) slid around 3% in the past 24 hours, per CoinMarketCap.
Traders are awaiting fresh US economic data next week that the bulls will be hoping reduces recession risks.
They will also be monitoring US politics, with ex-President Trump and VP Harris neck-and-neck in the polls, and geopolitics as tensions between Iran and Israel simmer.
However, those hunting for volatility may look to on-chain markets instead of blue-chip markets.
That’s because new crypto coins are launched every day, and some go on to post rapid exponential gains.
For those looking to turn a small initial investment into a fortune, on-chain meme coin markets are the place.
Traders often use tools like DEXScreener to monitor trending coins.
Here are some of the top crypto gainers today that they might be watching.
The success of Solana meme coin Popcat (POPCAT) has spawned a number of similar cat meme coins.
Karate Cat (KCAT) is amongst the top crypto gainers today, up 116,000% in the past 24 hours per DEXScreener.
That said, the token is down 75% from its earlier session highs.
A pump-and-dump may have already largely taken place.
For what its worth, the token has a market cap of $2.4 million, with $130,000 in liquidity and $1.5 million in trading volumes.
Thin liquidity means a very small amount of sell pressure could trigger a huge price drop.
Another just-launched cat shitcoin called Oracle Cat (ORACLE) has pumped up over 57,000% since its launch. That makes it a top
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