As crypto markets push mostly higher in wake of strong US economic data that has eased recession fears, traders are eyeing top crypto gainers today in the on-chain markets that might be able to hand them quick gains.
Bitcoin (BTC) is nearing a retest of $60,000 after dipping as low as the $57,000s earlier in the day.
But its 1.3% gain on the day pales in comparison to the huge gains that micro-cap meme coins frequently enjoy on DEXs like Uniswap or Raydium.
Micro-cap meme coin markets are exceedingly volatile thanks to low liquidity.
And that volatility frequently attracts traders hunting for a “rags-to-riches” 100x investment.
While 100x gains or more are possible, traders must remember how risky on-chain micro-cap markets are.
They should assume that all tokens are either scams or pump-and-dumps and never invest more than they can afford to lose.
That said, here are some top crypto gainers today on DEXScreener that traders will be watching.
Top Crypto Gainers Today on DEXScreener
Neiro Germany (NEIRGO)
A new Solana meme coin called Neiro Germany (NEIRGO) is pumping for a second straight day.
Per DEXScreener, it was last up around 400% in 24 hours, making it one of the top crypto gainers today.
But the gains could only just be getting started. Its market cap is still under $300,000, with liquidity of around the same level.
A liquidity of around 100% of the market cap is a good sign. It suggests that the market is more able to soak up-sell pressure from whales, reducing the risk of a sharp token price drop.
That doesn’t mean the token isn’t another pump-and-dump scheme. Traders must remain cautious in these risky markets.
Acoshiba (ACO)
Another Solana meme coin called Acoshiba (ACO) is up 1,150% in the past 24 hours, per DEXScreener, making it one of the top crypto gainers today.
The token’s market cap was last around $700,000 with around $100,000 in locked liquidity.
The gains versus 24 hours ago are impressive. But ACO has already pulled back nearly 70% from its highs.
Could the pump already be over? That’s a strong possibility.
Feg (FEG)
A just-launched shitcoin called feg (feg) is up over 700% in the past 24 hours, making it one of the top crypto gainers today.
Despite having only launched around three hours ago, the token has already attained a market cap of around $500,000.
Its liquidity is thin at around $75,000, meaning one big sell order could see the price quickly crash.
But the community seems to like this coin. It has over 800 rocket emoji votes on DEXScreener, to just 19 red flag votes.
Again, that doesn’t mean it’s not just another pump-and-dump scheme.
A potentially safer way to secure big profits in crypto is by investing in high-potential crypto presales.
Web3 start-ups frequently conduct fundraising rounds, where they sell their native token at a big discount to its potential valuation to early investors.
If a trader is savvy and able to identify a project that goes on to gain a lot of traction, upside potential from presale investing is huge.
Importantly, presales normally last a few weeks. That means investors have time to do their research, rather than FOMOing in, as is a risk in the fast-moving on-chain shitcoin markets.
15 Best Crypto Presales to Invest In Now
The post Top Crypto Gainers Today on DEXScreener – NEIRGO, ACO, FEG appeared first on Cryptonews.
