Top Crypto Gainers Today on DEXScreener: RONALDO7, NGMI, BBILLY
The cryptocurrency market has suffered a 2% loss today, but the top crypto gainers are offering traders the possibility of big profits.
Bitcoin (BTC) has touched a one-month low of $64,400, as the fallout continues from last week’s hawkish FOMC decision.
Altcoins have taken the brunt of the negativity, with major alts such as Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE) suffering 3.5%, 6% and 11% drops in the past 24 hours, respectively.
However, a handful of smaller alts and meme tokens have avoided the widespread negativity and posted substantial gains today, as traders hunt for quick market-beating returns.
We analyse them in this article of the top crypto gainers in the last 24 hours, with Solana-based meme coins dominating ahead of Ethereum-based tokens.
Launched this morning on Raydium, DEXScreener puts RONALDO7 at a huge 1,000,000% increase in the past 24 hours, with the Solana-based token currently at $0.2112.
It isn’t the first Ronaldo-referencing meme token to have emerged recently, with a CR7 token also launching today, albeit to much less interest.
There’s almost certainly no official association with the legendary soccer player, with the coin having no presence on social media or anywhere else online.
Still, it has attracted a buy volume of just over $600,000 so far, and while this is minuscule in comparison to major tokens, it may snowball further in the next few hours and days.
It’s likely that the token’s issuers are hoping to piggyback on the European Championship, with Portugal – who have included Ronaldo in their squad – playing their first match of the tournament today.
Of course, there’s always a risk that it may soon fade away quickly following the initial burst of interest, as with so many other quickly
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