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Traders Flock to On-Chain Markets for Top Crypto Gainers
As crypto markets surge following a dovish Fed policy announcement, traders are turning to on-chain markets to find the top crypto gainers today. On-chain markets are where digital assets issued directly on existing blockchains are traded, including meme coins that can see significant price rallies.
What Are On-Chain Markets?
On-chain markets refer to the trading platforms for digital assets issued on existing blockchains. These assets, such as the Shiba Inu token on Ethereum, can be traded on decentralized exchanges (DEX) and sometimes on centralized exchanges.
Top Crypto Gainers Today on Solana
- PIPI ($PIPI): A Solana-based meme coin, PIPI has surged over 65,000% in the past 24 hours with a market cap of $4.0 million and significant trading volumes.
- PNUT ($PNUT): Another meme coin on Solana, PNUT has seen an 88,000% increase in 24 hours, reaching a market cap of $7.6 million with substantial trading volumes.
- FAP ($FAP): FAP, a Solana-based meme coin, has surged 500% in 24 hours, with a market cap of $4.1 million and significant trading activity.
Investing Strategies in Crypto
While investing in low-cap meme coins can be risky, exploring crypto presales can offer potentially better risk-reward opportunities. In presales, investors can secure tokens of promising projects at discounted early prices, often leading to significant gains.
Analysts have identified 14 presale projects with high potential, offering investors opportunities for substantial returns in the crypto market.
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.
