Top Crypto Gainers Today on DEXScreener – USPEPE, BAR, BUG
As crypto markets push higher in wake of US inflation data that has bolstered Fed rate cut confidence and in anticipation of pro-crypto remarks from US President Donald Trump at the Nashville Bitcoin Conference on Saturday, meme coins are popping and are the top crypto gainers today.
Bitcoin (BTC) has pushed up 3.6% in the past 24 hours, per CoinMarketCap and is probing $68,000.
The world’s largest crypto could soon push back to record highs near $74,000 if it can break the downtrend from yearly highs.
Risks remain very much tilted to the upside in the coming months.
That’s because Fed rate cuts are nearing and US politics appears to be a major headwind that could accelerate BTC adoption, including via increased institutional ETF purchases.
On that note, various state pension funds have been in the headlines this week as they begin diversifying into BTC.
Another state pension fund has added Bitcoin to its portfolio.
In an SEC filing this morning, the State of Michigan Retirement System reported owning $6.6 million of the ARK Bitcoin ETF (110,000 shares) as of June 30.
This follows Wisconsin's disclosure last quarter.
Filing:…
— MacroScope (@MacroScope17) July 26, 2024
While Bitcoin’s rally could continue over the weekend, making it a great crypto to buy now, its not a top gainer.
Much smaller, lesser-known and newer meme coins trading in the on-chain decentralized markets take that crown.
Traders often use tools like DEXScreener to identify top crypto gainers today.
Here are some of the top performers on the Ethereum blockchain that traders will be watching.
A patriotic US-themed version of the Pepe meme coin called American Pepe (USPEPE) is pumping.
As per DEXScreener, USPEPE is up 870% in the past 24 hours, its
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