Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As crypto markets push mostly higher in wake of strong US economic data that has eased recession fears, traders are eyeing top crypto gainers today in the on-chain markets that might be able to hand them quick gains.
Lots of focus this morning on US retail sales and jobless claims as the economic/policy focus shifts from the battle against inflation to minimizing the risk of recession.
At 1.0% month-on-month, the growth in retail sales came in well above the consensus forecast of 0.4%.…
Bitcoin (BTC) is nearing a retest of $60,000 after dipping as low as the $57,000s earlier in the day.
But its 1.3% gain on the day pales in comparison to the huge gains that micro-cap meme coins frequently enjoy on DEXs like Uniswap or Raydium.
Micro-cap meme coin markets are exceedingly volatile thanks to low liquidity.
And that volatility frequently attracts traders hunting for a “rags-to-riches” 100x investment.
While 100x gains or more are possible, traders must remember how risky on-chain micro-cap markets are.
They should assume that all tokens are either scams or pump-and-dumps and never invest more than they can afford to lose.
That said, here are some top crypto gainers today on DEXScreener that traders will be watching.
A new Solana meme coin called Neiro Germany (NEIRGO) is pumping for a second straight day.
Per DEXScreener, it was last up around 400% in 24 hours, making it one of the top crypto gainers today.
$NEIROG TOP-1 DEXSCREENER!
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