Top Crypto Gainers Today on DEXTools – ASTX, JOE, ASEA
With major cryptocurrencies experiencing a price dip on Tuesday in wake of hotter-than-expected US CPI data that has seen markets pull back on Fed rate cut bets, investors looking for quick exponential gains will continue scouring the shitcoin/meme coin markets for the top crypto gainers today.
Bitcoin (BTC) was last trading back in the $48,700s.
That’s down upwards of 3% from the two-year highs it hit earlier in the session near $50,400.
Ether (ETH), meanwhile, was last down close to 2% on the day but holding above $2,600.
Major altcoins like Solana (SOL), XRP (XRP), Cardano (ADA), Avalanche (AVAX) and Dogecoin (DOGE) were flat to down 4% over the past 24 hours, as per CoinMarketCap.
Many expect major cryptocurrencies like Bitcoin to remain short-lived.
That’s because net inflows into spot Bitcoin ETF products remain strong.
Indeed, inflows surpassed $400 million for a third consecutive day on Monday, as per Farside data.
While Bitcoin’s latest price dip could soon reverse, micro-cap shitcoins/meme coins could deliver much faster gains.
Small-cap cryptocurrencies are almost always pumping and nearly always also take the mantle for the biggest crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick profits usually turn to low-cap markets.
That being said, here are some of the top crypto gainers today on web3’s best-known decentralized exchange (DEX) tool DEXTools.
A shitcoin called Asterix ($ASTX) which appears to be riding hype surrounding the new type of ERC-404 is pumping today.
Up over 80,000% in 24 hours, $ASTX is DEXTools’ top crypto
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