Top Crypto Gainers Today on DEXScreener – SOLGUN, MAD, USPEPE
As major cryptocurrencies experience significant price declines on Thursday, led by sell pressure in the Bitcoin (BTC) spot markets amid evidence of further selling from the German government and amid Mt Gox repayment jitters, traders hunting for top crypto gainers today are turning to the volatile and illiquid on-chain markets.
BREAKING NEWS: The German government continues to sell its #Bitcoin. Another 1300 BTC was sent to exchanges within the last 20 minutes. Most likely, there is more to come. pic.twitter.com/lJ62RHDDpZ
— sunnydecree (@sunnydecree) July 4, 2024
Bitcoin tumbled below its 200DMA and to its lowest since early May in the $56,000s.
Ethereum, meanwhile, is eyeing a retest of $3,000 following new Ethereum ETF delays. And most other major coins were down significant amounts, per CoinMarketCap.
Bearish market conditions encourage traders to move further up the risk curve as they hunt for gains.
Indeed, top crypto gainers on any given day can usually be found in the on-chain markets.
Here, new coins are launched everyday. Most are scams and pump-and-dumps. But some are able to post massive gains, rallying from market caps in the $100,000s to as high as the $100s of million.
The prospect, albiet very slim, of going from rags to riches is the big allure of the on-chain markets for many traders.
Such traders often use tools such as DEXScreener to find trending coins.
That being said, here are some top crypto gainers today on DEXScreener.
Top Crypto Gainers Today on DEXScreener
SolGun Sniper (SOLGUN)
A shitcoin that was launched on Solana on Thursday called SolGun Sniper (SOLGUN) has pumped up around 640,000% per DEXScreener.
Its market cap was last around $5.9 million, though liquidity remains exceedingly thin at just $136,000.
SolGun Sniper is a Solana-based automated trading bot and, per its X account, already has decent user-ship.
SolGun is Revived and will Thrive in the Sniper Bot Market
@pumpdotfun .Fun Integration and the first @arbitrum & @base Sniper Bot will be released in 36 hours
#SOLGUN numbers speak for themselves
2,600,000$ Trading Volume
1,500+ Users
You can relate to this… pic.twitter.com/drpYysNalq
— Solgun – Automated SOL Trading Bot (@SolgunBot) July 4, 2024
But traders must be wary. Innocent looking coins can easily be scams in the on-chain markets. Traders must be prepared to lose their entire initial investment.
Mad (MAD)
Another Solana-based shitcoin called Mad (MAD) is going strong on its second day in existance.
As per DEXScreener, its up 390,000% in the past 24 hours with a market cap just over $8 million.
https://twitter.com/madcoinvip/status/1808852199872811153
With over 20,000 followers on X and nearly 14,000 in Telegram, Mad is building a decent following.
That said, you never know what’s real in crypto. Followings, volumes and market caps can All be artificially inflated to sucker unsuspecting investors into a scam.
Traders must always be wary of the risks in on-chain markets.
American Pepe (USPEPE)
A new Pepe copycat called American Pepe (USPEPE) is trying to push higher, up over 63,000% in the past 24 hours.
That’s per DEXScreener, who puts its market cap at $2.9 million amid $6.9 million in 24 hour trading volumes.
USPEPE only has two issues with its smart contract as per Go+ Security.
It also has a decent standing in the degen community – 154 rocket ship emoji votes to just 21 red flags and 5 poop emojis.
That doesn’t mean that this is a safe investment. Investors must do their due diligence.
Crypto Alternatives to Consider
Rather than investing in scammy micro-cap meme coins, investors should consider meme coin presale investing.
Analysts at Cryptonews.com keep a close eye on the presale market. They have compiled a list of meme coin presales which they think have a lot of potential.
15 Best Meme Coins to Buy in June 2024
The post Top Crypto Gainers Today on DEXScreener – SOLGUN, MAD, USPEPE appeared first on Cryptonews.
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Top Crypto Gainers Today on DEXScreener – SOLGUN, MAD, USPEPE
As major cryptocurrencies experience significant price declines on Thursday, led by sell pressure in the Bitcoin (BTC) spot markets amid evidence of further selling from the German government and amid Mt Gox repayment jitters, traders hunting for top crypto gainers today are turning to the volatile and illiquid on-chain markets.
BREAKING NEWS: The German government continues to sell its #Bitcoin. Another 1300 BTC was sent to exchanges within the last 20 minutes. Most likely, there is more to come. pic.twitter.com/lJ62RHDDpZ
— sunnydecree (@sunnydecree) July 4, 2024
Bitcoin tumbled below its 200DMA and to its lowest since early May in the $56,000s.
Ethereum, meanwhile, is eyeing a retest of $3,000 following new Ethereum ETF delays. And most other major coins were down significant amounts, per CoinMarketCap.
Bearish market conditions encourage traders to move further up the risk curve as they hunt for gains.
Indeed, top crypto gainers on any given day can usually be found in the on-chain markets.
Here, new coins are launched everyday. Most are scams and pump-and-dumps. But some are able to post massive gains, rallying from market caps in the $100,000s to as high as the $100s of million.
The prospect, albiet very slim, of going from rags to riches is the big allure of the on-chain markets for many traders.
Such traders often use tools such as DEXScreener to find trending coins.
That being said, here are some top crypto gainers today on DEXScreener.
Top Crypto Gainers Today on DEXScreener
SolGun Sniper (SOLGUN)
A shitcoin that was launched on Solana on Thursday called SolGun Sniper (SOLGUN) has pumped up around 640,000% per DEXScreener.
Its market cap was last around $5.9 million, though liquidity remains exceedingly thin at just $136,000.
SolGun Sniper is a Solana-based automated trading bot and, per its X account, already has decent user-ship.
SolGun is Revived and will Thrive in the Sniper Bot Market
2,600,000$ Trading Volume
You can relate to this… pic.twitter.com/drpYysNalq
— Solgun – Automated SOL Trading Bot (@SolgunBot) July 4, 2024
But traders must be wary. Innocent looking coins can easily be scams in the on-chain markets. Traders must be prepared to lose their entire initial investment.
Mad (MAD)
Another Solana-based shitcoin called Mad (MAD) is going strong on its second day in existance.
As per DEXScreener, its up 390,000% in the past 24 hours with a market cap just over $8 million.
https://twitter.com/madcoinvip/status/1808852199872811153
With over 20,000 followers on X and nearly 14,000 in Telegram, Mad is building a decent following.
That said, you never know what’s real in crypto. Followings, volumes and market caps can All be artificially inflated to sucker unsuspecting investors into a scam.
Traders must always be wary of the risks in on-chain markets.
American Pepe (USPEPE)
A new Pepe copycat called American Pepe (USPEPE) is trying to push higher, up over 63,000% in the past 24 hours.
That’s per DEXScreener, who puts its market cap at $2.9 million amid $6.9 million in 24 hour trading volumes.
USPEPE only has two issues with its smart contract as per Go+ Security.
It also has a decent standing in the degen community – 154 rocket ship emoji votes to just 21 red flags and 5 poop emojis.
That doesn’t mean that this is a safe investment. Investors must do their due diligence.
Crypto Alternatives to Consider
Rather than investing in scammy micro-cap meme coins, investors should consider meme coin presale investing.
Analysts at Cryptonews.com keep a close eye on the presale market. They have compiled a list of meme coin presales which they think have a lot of potential.
15 Best Meme Coins to Buy in June 2024
The post Top Crypto Gainers Today on DEXScreener – SOLGUN, MAD, USPEPE appeared first on Cryptonews.
Read More