Major cryptos rebounded sharply on Tuesday after Monday’s huge sell-off, though traders continued to flock to the on-chain micro-cap markets on the hunt for top crypto gainers today that might deliver quick exponential gains.
Bitcoin (BTC) rebounded 13% from Monday’s sub-$50,000 lows to the mid-$56,000s.
But the outlook for major cryptos remains risky right now. Middle Eastern tensions between Iran and Israel could blow up at any moment and US recession risks remain high.
Rebounds remain subject to being sold.
It’s no surprise then that investors looking for quick gains are using tools like DEXScreener to pick out top crypto gainers today.
Here are some big movers they will likely be watching.
Just one day after a rug-pull triggered a 90% drop in the price of a more well-known DJT meme coin, a new copycat coin has sprung up, and also looks like a scam.
You can't make this shit up @MartinShkreli is actually claiming that barron trump (Son of Donald trump ex president / multi billionaire) rug pulled $DJT for $2m
is this guy a retard? pic.twitter.com/5RAgIRn3yM
— Midjet (@0xmidjet) August 6, 2024
Trump (DJT) is up 266 million percent since launch, claiming a market cap of nearly $800 million per DEXScreener.
Of course, those numbers are highly unfeasible and this coin is probably a scam.
The token has 16 red flag votes to 23 rocket votes on DEXScreener.
A new Solana meme coin called Paragon is a top crypto gainer today, up over 400,000% in the past 24 hours to a market cap above $13.2 million.
We are thrilled to announce the successful launch of our new crypto token – Paragon – PGN!
A huge thank you to our community for the unwavering support.
Stay tuned for exciting updates! pic.twitter.com/w6VQw8Exgw
— Paragon (@ParagonDEFI) August 6,
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