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...
As major cryptocurrencies edge higher at the start of a week packed with major macro risk events that include a major US Presidential nominee debate and US Consumer Price Index (CPI) inflation data, traders are turning to on-chain DEX markets and using tools like DEXScreener to find top crypto gainers today.
While Bitcoin (BTC) was last up over 4% in the past 24 hours and trading above $56,000, per CoinMarketCap.
But those gains pale in comparison to the gains seen by top crypto gainers today in the DEXmarkets.
Indeed, thanks to their low liquidity, micro-cap altcoins trading on DEXs can experience rapid exponential price rises in very short periods of time.
While its possible for traders to go quickly from rags to riches in the DEX markets, traders must also remember the risks.
DEX markets are replete with scam tokens and pump-and-dump schemes.
Traders must never invest more than they can afford to lose, and must always do their due diligence.
Here are some trending top crypto gainers today on DEXScreener that traders will be watching.
A recently launched Ethereum meme coin called Department of Government Efficiency (DOGE) is one of the most notable top crypto gainers today.
Per DEXScreener, DOGE last had a market cap of more than $12 million, with around $12.7 million in 24 hour trading volumes.
DOGE was created in response to a meme created/Tweeted by Twitter owner and Tesla CEO Elon Musk.
Musk may head a future Department of Government Efficiency agency under a potential Trump return to the White House.
Department of
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