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Joel Frank
Author
Joel Frank
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Why Trust Cryptonews
Major cryptocurrency markets are a mixed bag in early Tuesday Asia session trade, with Bitcoin (BTC) last trading down around 3% in the past 24 hours in the $94,600 area, though top crypto gainers today in the DEX markets continue to pump.
Other crypto majors like Solana ($SOL), BNB ($BNB) and Dogecoin ($DOGE) were down 2-5% in the past 24 hours, per CoinMarketCap.
However, Ethereum ($ETH), XRP ($XRP) and Avalanche ($AVAX) were all up around 4% over the same time period.
That suggests that rather than the mood in crypto markets being bearish, investors are instead rotating their holdings as they look to position in token’s with good near-term potential.
Its no surprise then that traders are also rotating to the on-chain DEX markets as they hunt top crypto gainers today.
Newly launched tokens are constantly pumping and dumping in the DEX markets. Some traders make it big by finding the next 100x token.
Of course, most traders end up losing money in the DEX markets. That’s because these markets are highly volatile and replete with insider trading, pump-and-dump schemes and outright honeypot scams.
That being said, here are some top crypto gainers today in the DEX markets, according to DEXTools.
Top Crypto Gainers Today on DEXScreener – Which Are They?
Just buy $1 worth of this coin ($1)
A fun new Solana meme coin called just buy $1 worth of this coin ($1) is pumping hard on Tuesday, rallying 670% to a market cap of more than $4 million, per DEXTools.
Of course, traders are duly ignoring the meme coin’s central request – that people on buy $1 at a time.
The new meme coin has a 99/99 DEXTscore and its audits are clean. That means the coin is unlikely to be a scam, but it is still unlikely to retain any long-term value.
Smudge Cat (SMUDGE)
Another Solana meme coin called Smudge Cat ($SMUDGE) is another one of the top crypto gainers today, up 550% in the past 24 hours per DEXTools.
However, $SMUDGE has fallen back substantially from its initial post-launch highs. The token may have already completed its “pump-and-dump” stage, meaning it is likely to fade into obscurity now.
A potentially safer way to secure big profits in crypto is by investing in high-potential crypto presales.
Web3 start-ups frequently conduct fundraising rounds, where they sell their native token at a big discount to its potential valuation to early investors.
If a trader is savvy and able to identify a project that goes on to gain a lot of traction, upside potential from presale investing is huge.
Importantly, presales normally last a few weeks. That means investors have time to do their research, rather than FOMOing in, as is a risk in the fast-moving on-chain shitcoin markets.
13 Best Crypto Presales to Invest In Now
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.
