Biggest Crypto Gainers Today at DEXTools – SC4, BOBA, HOLD
Blue-chip cryptocurrencies are trading flat/with a slightly negative bias on Wednesday as traders weigh optimism regarding the recent approval of spot Bitcoin ETF applications in the United States as they surge on strong U.S. data.
Bitcoin (BTC) was last trading at $28,300, down 0.5% in the last 24 hours according to CoinGecko, but still above the 200DMA above $28,000.
Recent data from data analytics firm CryptoQuant suggests that the adoption of the space's Bitcoin Exchange Traded Funds (ETFs) could push Bitcoin's market capitalization to $900 billion.
Ether (ETH), meanwhile, last traded near $1,570, while the cryptocurrency currently still holds key support around $1,520-30.
But with Ether still struggling below the 21 and 50 DMA, bears remain confident that the downtrend will remain intact.
XRP (XRP), Solana (SOL), Cardano (ADA) and Dogecoin (DOGE) were all trading with losses of around 1% in the last 24 hours.
With most blue-chip cryptocurrencies stuck in multi-month ranges, it's no surprise that traders are still turning to the highly illiquid Shitcoin/meme coin market for volatility.
Here are some top performing low-cap coins according to DEXTools.
Ash Satoshi ($SC4)
A newly launched shitcoin called Ash Satoshi ($SC4) has shed more than 200% in the last 24 hours, making it one of the best performing low-cap coins according to DEXTools.
$SC4 has seen more than $2.2 million in volume exchange in the last 24 hours, the token now has a market cap of $420,000, over 200 holders and around $170,000 in liquidity.
According to DEXTools' security audit, TokenSniffer identified the token as a “honeypot,” suggesting it may contain malicious code to steal from investors.
Potential investors should be very careful when buying into this coin.
Boba Fett ($BOBA)
Despite pulling back sharply from Tuesday's highs, the newly launched shitcoin Boba Fett ($BOBA) is up more than 110% in the past 24 hours.
$BOBA has seen more than $1.5 million in trading volume in the past 24 hours, the token has more than 250 owners and a market cap of nearly $200,000.
Shitcoin According to TokenSniffer's security audit on DEXTools, shitcoin has been identified as a “honeypot” token, so investors should be very careful with this coin.
all (HOLD)
Everyone ($HOLD) meme coin that says “I'm programmed for success regardless of market conditions” continues to perform well, gaining another 60% in the last 24 hours on DEXTools.
The token last had a market cap of nearly $4 million, with a turnover of over $300,000 in the past 24 hours.
$HOLD last had over 850 holders and over $150,000 in liquid volume.
The token has no issues with the contract except for the “anti-hal” mechanism.
Crypto options to consider
Shitcoins are very dangerous, because most of them have no real value.
For those looking for immediate access, an option worth considering is participating in crypto presales, a high-risk, high-reward investment strategy.
It is a place where investors buy tokens of top crypto projects to fund their growth.
These tokens are always sold cheaply, and there is a long history of early sales that yield huge profits for early investors.
Most of these projects have great 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 pre-sale investment is very good.
The team at Cryptonews spends a lot of time putting together presale projects to help investors.
Here is a list of 15 of what the project calls the best crypto presales of 2023.
Check out 15 cryptocurrencies
Disclaimer: Crypto is a high risk asset class. This article is provided for informational purposes and does not constitute investment advice. You can lose all your capital.
