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Discover Today's Best Crypto Performers on DEXScreener.
Reinout te Brake | 18 Aug 2024 02:33 UTC
As we witness a resurgence in major cryptocurrencies today, with bitcoin making a 4% push towards $60,000, traders are diverting their attention to on-chain micro-cap meme coin markets in search of the top crypto gainers today.
ethereum, BNB, and Solana have also seen gains of 2-4% within the past 24 hours, according to CoinMarketCap. However, these major coins remain within their recent weekly ranges, signaling that Friday's rally may not indicate a significant shift in market sentiment.
For traders seeking quick gains, the focus is primarily on on-chain micro-cap markets, where newly launched tokens on blockchains like ethereum or Solana tend to dominate the top crypto gainer list.
Dexscreener is a popular tool used by traders to monitor these markets closely as they track potential opportunities in the crypto space.
One of the current top performers is IGGYAZALEA, a Solanameme coin themed around a celebrity, showing a remarkable 4,000% increase within 24 hours as reported by Dexscreener. Although IGGY has a market cap around $550,000 with $72,000 in locked liquidity, caution is advised as new cryptotokens often carry high risks of being scams or experiencing pump and dump cycles.
BigTrump (BIGT)
Another standout performer is BigTrump (BIGT), a Trump-themed token that surged over 4,000% in the past 24 hours, reaching a market cap above $690,000. However, BIGT has already retraced around 75% from its peak, emphasizing the volatile nature of such tokens and the possibility of pump-and-dump scenarios.
Donuts TROMP (donuttromp)
Donuts TROMP, a Trump-themed coin, has also seen significant gains of 3,500% today, pushing its market cap to approximately $2.6 million. Despite this success, its low liquidity of $166,000 raises concerns about potential price reversals due to selling pressure.
Investors looking for more stable and potentially lucrative opportunities in the crypto market may consider participating in high-potential crypto presales offered by web3 startups. By investing in presales, early backers can secure tokens at a discounted rate with significant upside potential if the project gains traction.
Unlike the fast-paced and risky nature of on-chain meme coin markets, presales typically last a few weeks, allowing investors ample time to conduct thorough research before committing funds.
For those interested in exploring the best crypto presales to invest in now, a comprehensive list is available to help navigate the dynamic landscape of cryptocurrency opportunities.
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In the rapidly evolving digital landscape, the intersection of blockchain technology and artificial intelligence (AI) presents intriguing possibilities A recent analysis by VanEck highlights a significant opportunity for bitcoin miners to enhance profitability and mend their "bad balance sheets " By diverting a portion of their energy capacity towards the AI and High-Performance Computing (HPC) sectors, miners can unlock new revenue streams and contribute to the advancement of cutting-edge technologies
Exploring New Horizons: bitcoin Mining Meets AI and HPC
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