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Traders Turn to On-Chain Markets for Top Crypto Gainers
In the aftermath of Bitcoin’s drop below $60,000, traders are exploring on-chain markets in search of top crypto gainers today. Bitcoin is currently trading in the $57,000s as traders analyze the latest Fed policy announcement and monitor negative ETF flows.
Altcoins in the Red
Most altcoins are experiencing losses, prompting traders to seek opportunities in the volatile on-chain markets where new tokens are launched daily. While many of these tokens are risky, some hidden gems offer early investors significant gains.
Tools for Identifying Trending Coins
Traders often rely on tools like DEXScreener to identify trending and pumping coins in the market.
Top Crypto Gainers Today on Ethereum
- AITaxBot (AITAX): AITAX has surged by 1800% on Wednesday, with a market cap of $370,000 and $130,000 in locked liquidity.
- America (AMERICA): This meme coin has seen a 220% increase in the past 24 hours, with a market cap of $5.1 million and $260,000 in locked liquidity.
- Book of Ethereum (BOOE): BOOE reached record highs on Wednesday with a 50% intra-day gain, putting its market cap at $3.3 million.
Investing Strategy: Presales
Investing in presales of Web3 projects/protocols can potentially yield higher gains if chosen wisely. By identifying projects with strong vision, use case, and competent teams, investors can profit significantly.
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.
