Top Crypto Gainers Today on DEXTools – PPFace, Gemini, SECT
Blue-chip cryptocurrencies are having another strong day today, with the top crypto gainers seeing increases of up to 16% in 24 hours and 30% in a week.
Today’s bullish performance comes as the market continues to gain momentum en route to what many are expecting will be a full-on bull market in 2024.
Major causes of this potential bull market are likely to come from the SEC formally approving Bitcoin ETFs, as well as from the Fed cutting rates and the next Bitcoin halving in April.
Bitcoin itself is having a relatively quiet day as far as 24-hour movements are concerned, but with the coin now up to $43,500, it has risen by 12.5% in a week and by 159% in the last 12 months.
And while the industry still faces several regulatory challenges, the completion of Ripple’s case with the SEC next year is also likely to provide further clarity and optimism, boosting prices further.
It has also been a good day for meme tokens and junk coins trading (mostly) on DEXes, with the following article providing a rundown of the top crypto gainers today on DEXTools.
New ‘deflationary’ meme token PEPEFace (PPFace) has had an interesting few days, having gained by approximately 18,000% on Sunday and then collapsed by 99% on Wednesday.
However, as its chart below shows, it has now seemingly come back from the dead, rising by 762% in the past 24 hours and reaching a current value of $0.002216.
DEXTools puts its market cap at around $2.2 million, with a total supply of 1 billion tokens and a holder count of only 288 addresses.
It’s currently trading on Uniswap against Wrapped Ethereum (WETH), and while it has a low project reliability score, its resurgence today may tempt a few traders.
Also trading on Uniswap against WETH, GEMINI has gained by 19,000%
