Biggest Crypto Gainers Today with DEXTools – VS, OPOE, QLINDO

A risk-taking tone in macro trade conditions is weighing on crypto prices amid Monday's clamor over the escalating Israel/Palestine conflict.

Bitcoin (BTC) was down more than 1% in the mid-$27,000s, while Ether (ETH) was down more than 3% at $1,580.

Ethereum decentralized exchange Uniswap is suffering following an unexpected $2.7 million sale by the Ethereum Foundation.

ETH has now fallen sharply from the 21 and 50 DMAs and extended its gains in play since early September, suggesting that the recent technical outlook has turned to the downside.

Bears see a potential break below support around $1,550.

Bitcoin, on the other hand, remains in the latest update, hoping for a sustained move above $28,000 in the coming weeks.

Macro focus will shift from geopolitics to the US economy again on Wednesday and Thursday, when US PPI and CPI inflation data are scheduled to be released.

U.S. commodities edged lower in the safe-haven bid on Monday, but fresh inflation data could send them to multi-decade highs, a possible headwind for crypto.

With risks on the near-term outlook high for blue-chip cryptocurrencies, traders continue to flock to the highly illegitimate shitcoin/meme coin market to hunt for profitable short-term investment opportunities.

Here are some of the best performing low-cap coins on Monday, according to DEXTools.

VERSUS ($VS)

A shitcoin called Versus ($VS), which launched in late September, is pouring on Monday and has been up more than 200%, according to DEXTools.

Between a 24-hour trading volume of around $140,000, over 200 holders and a locked-in liquidity of over $140,000, the market cap was around $430,000.

The token has seven features, including seven purchase taxes and a 6.41% sales tax, according to a DEXTools security audit.

With this tax reform, investors should be very careful to invest in this shitcoin, because it can easily become a scam.

Only possible on Ethereum ($OPOE).

In early October, Shitcoin, which claims to build a multi-chain bridge, was launched as a meme coin. Like DEXTools.

The token last had a cap of around $5.3 million, a 24-hour trading volume of around $240,000, around 1,000 holders and a locked liquidity of around $240,000.

According to DEXTools' security audit, $OPOE has six aspects related to the token, so investors should be careful when buying the token.

Qlindo Real Estate ($QLINDO)

A token called $QLINDO, a “green real estate token,” was emerging on Monday and is up nearly 40% in the past 24 hours, according to DEXTools.

The token last had a market cap of nearly $22.55 million, with more than 10,500 owners.

But the recent rally has only moved around $15,000 in 24-hour trading, suggesting that it is not on the wrong side and could easily be reversed.

The token has shallow liquidity compared to its market cap of just over $100,000, which suggests it may be volatile.

The token has no issues with the token contract according to the DEXTools security audit, and has a 100% support rating according to the DEXTools Community Trust Score.

Crypto options to consider

Shitcoins are very dangerous, because most of them have no real value.

For those looking to further their recent gains, an option worth considering is participating in crypto presales, a high-risk, high-reward investment strategy.

This is where investors buy tokens of early 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.