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Hemule

Top Crypto Gainers Today on DEXTools 
While blue-chip cryptocurrencies are attempting a recovery in wake of broadly bearish price action since last Friday, $BIAO, $HEMULE and $XFER are the top crypto gainers today on DEXTools.
<a href="https://cryptonews.com/news/bitcoin-news/" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) was last trading hand around $43,000, up around 3% on the day.
Meanwhile, <a href="https://cryptonews.com/guides/what-is-ether.htm" rel="noopener noreferrer nofollow">Ether</a> (ETH) was last up just over 2.5% and the major altcoin picture was mixed.
With most US market participants away for MLK Day celebrations, trading volumes were low.
As per <a href="https://finance.yahoo.com/quote/BTC-USD/history?p=BTC-USD" rel="noopener noreferrer nofollow">Yahoo Finance</a>, major exchanges saw around $25 billion in spot trading volumes on Monday.
That’s well below last Monday’s $42.7 billion in volumes.
Trading conditions are thus likely to remain subdued until markets in the world’s largest economy come properly back online.
With blue-chip cryptocurrencies marooned within recent ranges, traders looking for quick gains will continue to turn to low-cap markets.
The market for <a href="https://cryptonews.com/news/best-shitcoins-buy.htm" rel="noopener noreferrer nofollow">shitcoins</a>/<a href="https://cryptonews.com/news/best-meme-coins.htm" rel="noopener noreferrer nofollow">meme</a> coins is highly illiquid and thus can be very volatile.
Shitcoins routinely post 5-10x gains in a single day, something blue-chip markets cannot offer.
That means, on any given day, the top crypto gainers are likely to be low-cap shitcoins.
Here are some of the top crypto gainers today, as per the Decentralized Exchange (<a href="https://cryptonews.com/guides/top-10-decentralized-exchanges-dex.htm" rel="noopener noreferrer nofollow">DEX</a>) analytics tool DEXTools.
<h2 id="top-crypto-gainers-today">Top Crypto Gainers Today</h2>
<h3 id="biaocoin-biao">Biaocoin ($BIAO)</h3>
A shitcoin that was launched last May called Biaocoin ($BIAO) which looked to have died has gained a new lease of life in the past two days.
As per <a href="https://www.dextools.io/app/en/ether/pair-explorer/0x8296d84e911e0c1f827e1e7d4b50c2568e807b36" rel="noopener noreferrer nofollow">DEXTools</a>, $BIAO is up nearly 300% in the past 24 hours.
Its market cap was last above $500,000, with liquidity of $440,000 and nearly 400 holders.
The shitcoin has been around a while so it probably isn’t a scam.
That being said, it has four smart contract alerts, as per DEXTools’ security audit, so investors should be cautious.
<h3 id="hemule-hemule">Hemule ($HEMULE)</h3>
A meme coin based after Ethereum creator Vitalik Buterin’s cat Hemule ($HEMULE) is up 130% on Monday.
That’s according to <a href="https://www.dextools.io/app/en/ether/pair-explorer/0x672fefac7f6e3017d9a2f1c14fe048191a24ce14" rel="noopener noreferrer nofollow">DEXTools</a>, which puts the shitcoin’s market cap at $2.56 million.
$HEMULE has over 3,000 holders and around $360,000 in liquidity.
The token has three smart contract security alerts, as per DEXTools’ security audit.
<h3 id="x-bridge-bot-xfer">X BRIDGE BOT ($XFER)</h3>
Telegram crypto bridge X BRIDGE BOT ($XFER) is pumping on Monday.
It’s up 150% in the past 24 hours as per <a href="https://www.dextools.io/app/en/ether/pair-explorer/0x19abba6322b6c907d7ef4d0481e1dd96b25b7abd" rel="noopener noreferrer nofollow">DEXTools</a>.
Its total market cap was last around $240,000 with around $88,000 in locked liquidity.
It also has close to 900 holders.
Bulls are assessing whether it can get back to its 2023 highs above $0.12.
That would be a roughly 5x rally from current levels.
The token has three smart security alerts as per DEXTools.
<h2 id="crypto-alternatives-to-consider">Crypto Alternatives to Consider</h2>
Low-cap coins can offer huge potential returns but also come with a lot of risk.
For those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in&nbsp;<a href="https://cryptonews.com/news/new-cryptocurrency.htm" rel="noopener noreferrer nofollow">crypto presales</a>.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
<a href="https://cryptonews.com/news/new-cryptocurrency.htm" rel="noopener noreferrer nofollow">See the 15 Cryptocurrencies</a>
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our&nbsp;<a href="https://cryptonews.com/terms-and-conditions.htm" rel="noopener noreferrer nofollow">terms and conditions</a>. We may utilize affiliate links within our content, and receive commission.

Top Crypto Gainers Today on DEXTools – BIAO, HEMULE, XFER

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