Top Crypto Gainers Today on DEXScreener – BRIDGEBLOCK, RB, LANDWOLF
Following a bearish day of price action amongst blue-chip cryptocurrencies, traders looking to turn a quick profit are flocking in droves to the on-chain micro-cap markets as they hunt for top crypto gainers today.
Bitcoin (BTC) fell back from Monday’s highs near $73,000 to under $69,000 as of late Tuesday trade.
Profit-taking as Bitcoin tested the upper bounds of its recent multi-week range appeared to be at play.
With CPI coming up later this week and the halving in 11 days, traders appear to lack the conviction to chase the BTC price higher above $70,000.
Other major altcoins also fell alongside BTC on Tuesday. Ether was last down 5.5% in 24 hours, while Solana (SOL) was down 4.6%.
With major cryptos trading bearishly, traders have instead been turning to the highly illiquid on-chain micro-cap markets.
Web3 projects and protocols frequently launch tokens at a steep discount, allowing an opportunity for investors to get in early.
Thanks to their low liquidity and market caps, new coins can often see 10x or more gains in 24 hours.
Of course, on-chain markets are replete with scam tokens and rug pulls – anyone can launch a token, meaning there is little to no barrier for scammers to create tokens.
It’s crucial that investors always do their due diligence before investing in any tokens or project.
That being said, here are some of the top crypto gainers today that traders will be watching, as per DEXScreener.
Real Estate tokenization token Brick Block (BRIDGEBLOCK) is up 150,000% in the past 24 hours.
That according to DEXScreener, which puts its market cap at $8 million. The token has seen $2.8 million in 24-hour trading volumes and has $425,000 in liquidity.
But traders must be cautious. Go+ Security has identified three issues with
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