Bitcoin (BTC) has recently shown resilience, trading at $67,381 at press time. Despite market fluctuations, Bitcoin has started the week with renewed strength, aiming for new all-time highs.
After a 12% gain last week, Bitcoin’s price keeps climbing as it nears important resistance levels. If it passes these levels, it could reach new heights, raising hopes for top gainers after months of stability.
#Bitcoin Intermediate target: $88,500! #BTC is back above Tenkan on the weekly timeframe.#Bullish. . pic.twitter.com/oBjqfe883v
— Titan of Crypto (@Washigorira) July 21, 2024
While Bitcoin’s market outlook has placed the asset as one of the weekly top crypto gainers, several lesser-known cryptocurrencies have posted noteworthy price gains on the on-chain market.
Traders are increasingly drawn to these markets for potential high returns.
On-chain markets are often highly volatile and illiquid, however. Therefore, investors use tools like DEXScreener to explore these markets and identify top crypto gainers.
Here’s our roundup of the top crypto gainers today on DEXScreener.
Baba ($BABA)
$BABA is a meme coin on the Solana blockchain that was launched on February 3, 2024. It started with a market cap of $3,000 and has a unique story.
BABA feels overshadowed by his brother PEPE’s success and spirals into an unhealthy lifestyle.
With the determination to turn his life around, $BABA vows to surpass $PEPE in the crypto market.
At press time, the $BABA token trades at $0.002841, marking an 8.35% increase in the past 24 hours. The token has generated a trading volume of $91,000 and boasts a market capitalization of $2.8 million, held by 6,460 investors.
The surge in $BABA’s price is largely driven by community engagement, specifically on crypto Twitter.
$BABA’s 3,896 followers on X (formerly Twitter) and 3,038 Telegram subscribers have driven the token’s ascent from a $3,000 market cap to $3 million – over 10,000% in return for early investors.
Nevertheless, top crypto gainers like $BABA require a cautionary approach from investors willing to capitalize on the potential upside as meme coins are susceptible to high volatility.
Pickle ($PICKLE)
$PICKLE is a meme coin inspired by Matt Furie’s iconic Boy’s Club comic series, embodying the true spirit of meme culture.
The $PICKLE token currently trades at $0.02307, reflecting a 12.3% increase in the last 24 hours and a 36.4% rise in the last 6 hours.
The token has a 24-hour trading volume of $1.1 million with 4,216 holders.
Community engagement has been a key driver to its comic relatability on crypto Twitter, where organic marketing, commonly known as “raiding,” is being done by the holders to attract more investors into the meme hold.
Spice it up with some $PICKLE @Furies_Pickle pic.twitter.com/MCUHFWuhPU
— The Silver Samurai (@silversxmurai) July 22, 2024
Despite the excitement, investors should exercise caution when trading this token, as it has no real-world utility.
Bigi ($BIGI)
$BIGI became a community-owned project on July 21 after its developer abandoned it.
The “Bigi ARMY” took over, transforming it into a Community Takeover (CTO) project.
Community Takeover (CTO) in the crypto space happens when the original creators or developers leave or abandon a project.
In such cases, the community of users and token holders takes charge of the project’s development and future direction.
At press time, $BIGI trades for $0.02158, showing an increase of 302% in the past day and 54.87% in the last 6 hours.
$BIGI’s online presence includes 299 followers on X and 143 subscribers on Telegram.Started this cto 2 days ago with @badabeepp and the in betweens
sent to everyone I know and most faded.
Now they top blasted
You’re still fading ?????
Higher for $bigi pic.twitter.com/Z3Pyip0DjO
— JANDRO (@degretdegen) July 22, 2024
Concurrent with the project’s media presence, the Bigi team has diligently pursued its development, aiming to deliver significant value to investors.
Consider Crypto Presales
While meme coins and new tokens can attract investors seeking quick gains, it is important to approach these investments with caution.
The crypto market can be volatile, and many new tokens lack intrinsic use cases, which can make them risky investments.
For investors looking for low-priced projects with potential use cases, crypto presales might be worth investigating.
Cryptocurrency presales offer an opportunity to buy into ambitious projects at low prices before they go public.
The idea is to invest in a protocol that aligns with your investment strategy before the project launches its native token.
However, as with all crypto investments, Investors should always conduct their due diligence and only invest what they can afford to lose.
14 Best Crypto Presales to Invest In Now
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