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Crypto Market Analysis
As the AI stock pump on Wall Street eases and major cryptocurrencies trade mostly trading in the red on Friday, highly risk-tolerant crypto degenerates are hunting for top crypto gainers today in the unregulated on-chain market.
Bitcoin and Ether Performance
Bitcoin (BTC) and Ether (ETH) were both last down around 1% in the past 24 hours, as per CoinMarketCap. Both remain close to recent highs at $51,000 and around $2,950 respectively and within in recent ranges. Traders continue to monitor themes such as Fed rate cuts, the upcoming halving, and an upcoming Ethereum blockchain upgrade.
Shitcoin Market Overview
As the 2024 rally in mega-cap cryptos takes a breather, traders hunting fast gains continue to flock to shitcoins. Thanks to their tiny market caps, shitcoins and newly launched meme coins often post quick 10x gains. Of course, just as easily as they can rally, they can also dump.
Top Crypto Gainers Today
Shitcoin traders use tools like DEXTools, which monitors the tokens trading on decentralized exchanges like Uniswap. Here are the top crypto gainers today in the unregulated shitcoin market on Ethereum:
- PorkX ($PorkX): A just-launched Reddit-themed shitcoin called Reddit ($REDDIT) has pumped nearly 240% in the past 24 hours.
- Zapicorn ($ZAPI): Zapicorn has pumped another 120% in 24 hours, taking its one-week gains to over 1,100%.
- XRGB ($XRGB): A just-launched shitcoin called XRGB has pumped up over 100% on Friday.
Considering Crypto Alternatives
Investing in low-cap shitcoins is a very risky strategy. An innocent-looking project could easily turn out to be a scam. A strategy that is still risky, but arguably has a better risk reward is getting involved in crypto presales.
Top Presale Projects
With hundreds of presale projects vying for investor funds, analysts have been combing the market. Here are 14 of the presale projects with the highest potential.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
