Biggest Crypto Gainers Today on DEXTools – 科太币, Toshi, Kitty, Evil Pepe
Major blue-chip crypto prices are under modest pressure on Monday, with Bitcoin (BTC) recently dipping below $29,000 once again and eyeing a retest of monthly lows, and Ether (ETH) testing the $1,800 and eyeing a retest of its 200DMA.
There doesn’t seem to be any news driving the bearish price action, with traders likely booking some profit ahead of the release of the highly anticipated monthly US Consumer Price Index inflation report later in the week.
Importantly though, Bitcoin and Ether are both nearing a retest of their 2023 uptrends, a break below which could signal a bearish shift in the market’s near-term momentum, even if fundamental catalysts don’t warrant a move lower.
With blue chip cryptos under pressure, crypto traders looking for a better prospect of near-term gains continue to turn to the meme coin/shitcoin market.
Here are some of Monday’s best performers as per DEX Tools.
A coin called 科太币, which means Tether in Chinese, has been exploding higher in the past three days and, as per DEXTools, was up north of 900% in the last 24 hours.
At the current price of $0.000000013, xxx is now up a staggering 2600x versus its decentralized exchange (DEX) launch price of $0.000000000005.
Its total market cap is currently around $5.5 million, with over 2,800 holders and around $400,000 in liquidity, though this liquidity isn’t locked, so traders should be wary of a possible rug pull.
科太币’s contract has been verified by GoPlus on DEXTools, and they have identified one alert – the contract has a function that allows the creator to limit the maximum amount of transactions or the maximum token position for a single address.
That means any degens wanting to jump into 科太币should be aware that they could easily lose everything if the
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