Top Crypto Gainers Today on DEXTools – Data, CATBOY, SONA
Blue chip cryptocurrencies have pushed to fresh multi-month/year highs on Monday, but their impressive gains are dwarfed by the gains being enjoyed by top crypto gainers today in the on-chain shitcoins markets.
Bitcoin (BTC) just pushed into the mid-$53,000s for the first time since late-2021 in a knee-jerk, short liquidation-driven move.
Ether (ETH), meanwhile, was last trading in the mid-$3,100s, both seemingly supported by ETF-related tailwinds.
BTC and ETH were both lost up close to 4% in the past 24-hours.
Whilst that’s impressive, it’s nothing compared to the gains that shitcoins can experience in even shorter time periods.
That’s because, owing to their tiny market caps and liquidity, a small amount of buy pressure can trigger big moves.
Here are some of the top crypto gainers today in Ethereum’s on-chain market, as per DEXTools.
A recently launched shitcoin called DataToken ($DATA) is up over 11,000% on Monday, as per DEXTools.
But its still tiny market cap of only $165,000 suggests the token is nothing to get excited about.
$DATA last had liquidity or around $185,000, around 300 holders and $65,000 in 24-hour trading volumes.
While it looks like a dodgy coin, it has a squeeky clean audit record, with no smart contract issues identified.
A shitcoin called Catboy ($CATBAY) has pumped up nearly 1000% on Monday.
Its market cap was last around $1.77 million, with around $440,000 in liquidity, as per DEXTools.
It has an impressive more than 900 holders and has seen 24-hour trading volumes of $1.2 million.
The token has been around for nearly three months.
But it has a concerning eight smart contract issues, including a modifiable tax, which was last at 3%.
Decentralized launchpad protocol Sonata Network ($SONA) has suddenly pumped to
Read more on cryptonews.com
