Wednesday

Bitcoin

Bomberman

DEXTools

<![CDATA[<figure class="image"><img src="https://cimg.co/news/125372/331121/dext-media-library-origin.jpg" srcset="https://cimg.co/news/125372/331121/responsive-images/dext-media-library-origin___media_library_original_900_300.jpg 900w, https://cimg.co/news/125372/331121/responsive-images/dext-media-library-origin___media_library_original_720_240.jpg 720w, https://cimg.co/news/125372/331121/responsive-images/dext-media-library-origin___media_library_original_600_200.jpg 600w, https://cimg.co/news/125372/331121/responsive-images/dext-media-library-origin___media_library_original_300_100.jpg 300w" width="900" class="content-img" alt=""><figcaption>DEXTools Logo / Source: DEXTools Twitter</figcaption></figure>Blue chip cryptocurrency markets are under pressure on Thursday, with Bitcoin (BTC) having dropped more than 2% to the mid-$26,000s and Ether (ETH) down 2.5% under $1,600.Reports that long-defunct cryptocurrency exchange MtGox will delay repayments for another year to 2024 have failed to boost sentiment, likely given that macro has been acting as a headwind since <a href="https://www.youtube.com/watch?v=28uSmcz8YF4">Wednesday&rsquo;s Fed meeting</a>.While the US central bank held interest rates as expected, it kept more hikes on the table for the remainder of 2023, and signaled less rate cuts in 2024 amid a significantly more optimistic economic outlook, boosting the US Dollar Index (DXY) to fresh six month highs and the US 2-year government bond yield to a fresh 22-year high.Higher yields on US debt (considered a risk-free asset) and a stronger dollar generally tend to hurt crypto prices, given that 1) a higher risk-free rate reduces the incentive to hold riskier assets (like crypto) and 2) a stronger dollar makes dollar-denominated cryptocurrencies more expensive for the holders of foreign currencies.While major cryptocurrencies like <a href="https://cryptonews.com/coins/bitcoin/">Bitcoin</a> and <a href="https://cryptonews.com/guides/what-is-ether.htm">Ether</a> are down, they remain locked well within recent ranges.Traders thus continue to turn to shitcoin and meme coin markets in the hunt for a better prospect of near-term gains.Here are some of the top-performing low-cap coins, as per <a href="https://www.dextools.io/app/en/ether/gainers">DEXTools</a>.<h2 id="strong-gold-gold-strong">GOLD ($GOLD)</h2>A new shitcoin called GOLD ($GOLD) has exploded onto the scene since its Wednesday launch.$GOLD is up nearly 26,000% in the past 24 hours, making it far and away the best-performing shitcoin on Thursday.As per <a href="https://www.dextools.io/app/en/ether/pair-explorer/0x0a86421ee3a48fa6a2e1b7775860b39d96e1453a">DEXTools</a>, the token last had a market cap of $3.6 million, amid over $4.6 million in trading volumes in the past 24 hours.$GOLD has $225,000 in unlocked liquidity, which means a rug pull remains possible, while the token&rsquo;s contract has three alerts according to the DEXTools security audit.Traders should thus be cautious that this token could be a scam.<h2 id="strong-green-bomberman-bomber-strong">Green Bomberman ($BOMBER)</h2>A new shitcoin called Green Bomberman ($BOMBER) launched on Wednesday and has seen explosive upside in the last 24 hours, gaining more than 800% as per <a href="https://www.dextools.io/app/en/ether/pair-explorer/0x0f6e1fdad598cbb45d308d4b7dbd7ed63c9923fa">DEXTools</a> to reach a market cap of $400,000.The shitcoin has seen an impressive near $1.4 million in trading volumes in the past 24 hours and accumulated nearly 200 holders.The token has around $260,000 in unlocked liquidity and has two smart contract alerts, as per the DEXTools security audit.<h2 id="strong-membot-membot-strong">Membot ($MEMBOT)</h2>A shitcoin called Membot ($MEMBOT) has seen a solid resurgence in the past two days, and was last up over 100% in the past 24 hours as per <a href="https://www.dextools.io/app/en/ether/pair-explorer/0xf5cbda728ed45dfea6755c1914a43621e7c8a544">DEXTools</a>.$MEMBOT was launched back in August and briefly reached a price of over $0.0016, but was last trading at $0.00024, meaning it still has a long way to go to reach prior record highs.The token currently has a market cap of around $240,000 and $80,000 in locked liquidity, and has managed to accumulate over 750 holders.The fact that the recent 100% rebound was driven by only $18,500 in trading volumes in the past 24 hours is a sign that the recent resurgence may not have much conviction.The token has a 5% buy and sell tax and four contract alerts in total, as per the DEXTools security audit.<h2 id="strong-crypto-alternatives-to-consider-strong">Crypto Alternatives to Consider</h2>Shitcoins are very risky, given most have no real value proposition.For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold very cheap 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">See the 15 Cryptocurrencies</a>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.
]]>

Biggest Crypto Gainers Today on DEXTools – GOLD, BOMBER, MEMBOT

Зміст

Cryptonews.com

Інші статті, опубліковані 21 вер. 2023 р.

Is It Too Late to Buy Toncoin? TON Price Rockets Up 30% as AI Crypto Trading Tool LPX Secures $1....

95% of NFTs Have a Market Cap of 0 Ether

If This Pattern Continues, We Have 750 Days of Bitcoin (BTC) Bull Market Ahead – Expert

Google Cloud’s Web3 Lead Urges Shift from Token Speculation to Smart Contract Solutions in Crypto...

Cardstack Tech Status Q&A: Boxel UI & the OpenAI, Cardstack Workflows & more

Shiba Inu Holders Coming to Terms with the Reality of SHIB

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!