Top Crypto Gainers Today on DEXTools – iMOON, BabyTRUMP, SPYRO
As Bitcoin surges to new two-year highs on rising spot Bitcoin ETF inflows, investors looking to secure even faster near-term gains are scouring the low-cap meme coin market for top crypto gainers today.
Bitcoin hit $52,000 for the first time in over two years on Wednesday before pulling back to the mid-$51,000s.
The pump comes in wake of the news that BlackRock’s newly launched spot Bitcoin ETF singlehandedly scooped up over 10K BTC tokens on Tuesday.
Spot Bitcoin ETF net inflows are going “parabolic”, noted crypto analyst Ryan Watkins in a tweet.
https://twitter.com/RyanWatkins_/status/1757644485373149221Other major altcoins like Ether (ETH), Solana (SOL) and Cardano (ADA) are also performing well.
They were each last up between 5-7% in the past 24 hours, as per CoinMarketCap.
Those gains are impressive, but are nothing compared to the moves seen on a daily basis in low-cap shitcoin markets.
Owing to their low levels of liquidity and small market caps, such coins routinely post gains in the region of 10x per day.
Unsurprisingly, the prospect of quick gains attracts troves of degens looking to make a quick buck.
Here are some of the top crypto gainers today on DEXTools that they will be watching.
Newly launched asset management token MOONAI ($iMOON) has seen an impressive 3,500% pump since its launch on Wednesday.
That’s according to DEXTools, which puts its market cap at $330,000.
$iMOON has locked liquidity of around $110,000, lowering the risk of a liquidity rug pull attempt.
It also has a good DEXTscore of 96/99 and no concerning aspects to its smart contract.
Of course, the shitcoin could still be a scam in other ways, so investors should always do their due diligence.
A recently launched shitcoin called BabyTrump ($BabyTRUMP)
Read more on cryptonews.com
