Top Crypto Gainers Today on DEXTools – SUPER, BABYPEPE, PEPEGOLD
As Bitcoin (BTC) pumps to fresh more than two-year highs amid surging demand for its recently launched spot ETFs in the US, micro-cap meme coins in the on-chain markets are pumping, with investors using tools like DEXTools to hunt for top crypto gainers today.
Bitcoin rose above $57,000 on Tuesday as spot ETF trading volumes hit a new record.
ETF inflows, the upcoming halving and anticipated Fed rate cuts mean Bitcoin is odds on to hit fresh all-time highs above $69,000 this year.
That could mean near-term upside of at least 20%, making Bitcoin a must own asset in any crypto investors’ portfolio.
But high-risk-tolerance traders hunting even faster gains will continue to be drawn to micro-cap meme coins and shitcoins.
Shitcoins trading in the on-chain markets often experience sudden price pumps of as much as 10x in one day.
That’s because, thanks to their exceedingly low liquidity, relatively low levels of buy pressure can trigger big price moves.
Here are some of the top crypto gainers today that shitcoin/meme coin traders will be monitoring, as per DEXTools.
A shitcoin called SuperFarm ($SUPER) has pumped up 700% in recent trade, as per DEXTools.
Its latest pump has seen its market cap rise to $4 million, although it only has around $100,000 in liquidity.
The token has been around since March 2022, so probably isn’t a scam.
Still, it’s still an illiquid shitcoin with no obvious utility, and hence a very risky investment.
Investors must always do their due diligence.
An alternative version of Pepe Coin called BabyPepe ($BABYPEPE) that has been around since early 2023 is pumping.
$BABYPEPE was up around 340% in the past 24 hours, as per DEXTools.
Its market cap has subsequently recovered to around $1.5 million.
Given how long it has been
Read more on cryptonews.com
