Top Crypto Gainers Today on DEX Screener – LICK, SPACEX, PEPES
Following a choppy day in blue-chip crypto markets on March 12 that saw Bitcoin (BTC) hit fresh all-time highs (ATHs) above $73,000 before dropping as low as the $68,000s, markets are stabilizing and traders are turning to on-chain shitcoin markets to hunt for top crypto gainers today.
Profit-taking and long-liquidations saw BTC reverse sharply lower after fresh ATHs were printed above $73,000.
But Bitcoin has since rebounded strongly back towards $72,000, and remains 13% up in seven days, as per CoinMarketCap.
Indeed, Bitcoin is up a staggering 47% in 30 days, propelled higher by a powerful wave of ETF demand.
Bulls remain very much in control, and there remains an outside chance that the cryptocurrency can challenge $100,000 soon.
That’s because hype surrounding the halving in April, which will halve BTC’s inflation rate, is yet to hit fever pitch.
The prospect of quick potential 40% gains from here means Bitcoin certainly ranks as a great crypto to buy for near-term gains.
But some highly risk tolerant investors are seeking gains an order of magnitude greater.
10-20x gains are possible to find in some corners of the altcoin market, if an investor gets lucky.
But a place where it is much more common to find cryptos pumping 10-20x in short time period is in the on-chain shitcoin markets.
On-chain markets refer to smart-contract-based crypto tokens issued on top of the blockchains like Ethereum and Solana and traded via decentralized exchanges.
There is virtually no barrier for anyone to create a new shitcoin at any time.
On-chain shitcoin markets are, unsurprisingly, highly illiquid and volatile.
Newly launched coins can easily 10 or even 100x in one day.
They can just as easily lose nearly all of their value in an instant.
Traders
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