Top Crypto Gainers Today on DEXTools – $SAVM, $SHEPE, $SATOSHI
$SAVM, $SHEPE and $SATOSHI are some of the top small-cap crypto gainers today on DEXTools, while blue-chip cryptocurrency markets struggle amid elevated sell pressure.
Small-cap cryptocurrencies almost always take the mantle for the top 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.
Speaking of blue-chip markets, prices have struggled this week amid a wave of continued post-spot Bitcoin ETF approval profit-taking, where Grayscale Bitcoin selling has taken the spotlight.
Bitcoin (BTC) hit fresh yearly lows in the $40,200s earlier in the day before bouncing to $41,600.
Ether (ETH), meanwhile, is still struggling beneath $2,500, though remains well above prior yearly lows.
Most major altcoins like Solana (SOL), XRP (XRP) and Cardano (ADA) were down around 1% in the past 24 hours.
With major crypto prices struggling, here are some of the top small-cap crypto gainers on Thursday as per DEXTools.
A newly launched shitcoin called SatoshiVM ($SAVM), which claims to a decentralized Bitcoin ZK Rollup Layer 2 solution compatible with the Ethereum Virtual Machine (EVM) that uses BTC, is one of the top crypto gainers on Thursday.
$SAVM is up 2,800% in the past 24 hours, as per DEXTools.
The latest pump has seen it hit a market cap of $69 million and reach liquidity of $13.8 million.
Investors should be cautious of the token’s three concerning aspects to its smart contract.
A shitcoin called Shiba V Pepe ($SHEPE) is staging a comeback after a long price decline.
As per DEXTools, it was last up 500% on the
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