While crypto markets are enjoying a modest rally on Monday, PNDC, BSSB and BIGTIME are the biggest crypto gainers today on Uniswap.
BTC is near $45,000 as investors await imminent expected approval of spot Bitcoin ETFs in the US.
ETH, meanwhile, was last in the mid-$2,200s, while other major altcoins are mixed.
Both are up in the region of 2% in the past 24 hours, as per CoinMarketCap.
Solana (SOL) was a little higher, while XRP (XRP) and Cardano (ADA) were roughly flat.
Internet Computer (ICP) was the biggest mover out of the top 20 coins, gaining 18% over the past 24 hours as per CoinMarketCap.
Total cryptocurrency market cap was last around $1.63 trillion, as per TradingView.
Whilst the outcome of (and market reaction to) the US SEC’s decision whether or approve spot Bitcoin ETFs will be the main talking point this week, macro themes will also be in focus.
Key US inflation figures are out on Thursday and Friday that could influence Fed rate cut bets.
That could impact crypto prices, which tend to perform well when investors up their bets on easier Fed policy.
Moves in blue chip cryptocurrencies this week could be explosive.
But they are unlikely to compare to the massive moves seen in low cap markets on a daily basis.
As per the crypto industry’s largest decentralized exchange (DEX) Uniswap, here are some of the biggest crypto gainers today on the Ethereum blockchain.
A shitcoin called Pond Coin ($PNDC) has been pumping on Monday and become one of today’s biggest crypto gainers.
It was last up 100% in the past 24 hours, as per Uniswap, making it a top performer.
$PNDC has been recovering from a severe price dip it has experienced since the start of 2024.
A STORM IS COMING.
⛏️
Read more on cryptonews.com