As blue-chip crypto markets suffer wake of profit-taking in wake of Bitcoin hitting fresh all-time highs above $69,000, traders looking to turn a quick profit are flocking to the on-chain shitcoin markets for top crypto gainers today, with dozens of new tokens still enjoying big pumps.
Bitcoin briefly surpassed $69,000 for the first time on Tuesday.
Profit-taking and then a wave of long liquidations drove the price briefly as low as $60,000.
The price has since recovered to near $64,000, still down about 7% for the session.
Activity in the ETF market was strong once again on Tuesday.
BlackRock’s IBIT clocked $3.76 billion in trading volumes on the day as per barchart.com, the fourth most of any ETF.
Fidelity, meanwhile, saw its biggest-ever inflows on Monday.
A return to record highs in the coming sessions thus seems very likely.
But in the meantime, highly risk tolerant traders will continue hunting for top crypto gainers today in the shitcoin market.
Here are some of the best-performing Ethereum-based coins, as per DEXTools.
A shitcoin called AISora ($AISora) has pumped up 77,000% in the past 24 hours, as per DEXTools.
The token has been able to clinch a market cap of nearly $2.5 million.
But traders should be very cautious with this coin.
Its price action on the chart looks strange.
And, as per Honeypot.is, the token could be a honeypot scam.
It’s key that, when entering shitcoin markets, traders always do their due diligence.
A meme coin called Sparko ($SPARKO) has pumped up 440% in 24 hours, as per DEXTools, making it a top crypto gainer today.
Its market cap is still tiny at just over $500,000, with liquidity of around $140,000.
It remains to be seen how far this pump can go.
Traders should be very cautious with this coin, even
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