Top Crypto Gainers Today On DEXScreener – VISTADOGS, MPIG, VISTA
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
In wake of a positive start to the week that has seen major cryptos recover from Sunday’s price slump, traders are turning to the micro-cap DEX markets as they hunt for top crypto gainers today that might be able to deliver fast gains.
Bitcoin (BTC) recovered back to the mid-$59,000s as of early Tuesday trade, having dipped to the low $57,000s on Sunday.
Other major cryptos were also in the green, with Ethereum (ETH), BNB (BNB) and Solana (SOL) up 4% in 24 hours, per CoinMarketCap.
Despite Monday’s rally, major cryptos remains lodged well within recent ranges and below recent highs.
That explains why some traders are instead turning to the riskier on-chain DEX markets on the hunt for volatility.
That said, the rally in major cryptos could accelerate later in the week. That’s if upcoming key US data reports strengthen Fed rate cut expectations.
The Fed is expected to cut interest rates for the first time since it hiked interest rates to multi-decade highs at 5.25-5.5% in 2023.
And that rate cut is expected to be the first of a series of rate cuts.
Crypto bulls are hoping that the rate cut narrative could overpower typically bearish seasonality in September, normally one of worst months of the year in terms of price performance.
But ahead of these key US data releases, volatility in on-chain DEX markets is surging.
Here are some top crypto gainers today, according to DEXScreener, that traders will no doubt be watching.
While it has already pulled substantially back from earlier sessions highs, a new Ethereum meme coin called
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