Top Crypto Gainers Today on DEXScreener – wTAI, EPICBOTS, ISHI
While blue-chip cryptos are pumping on Monday, with Bitcoin (BTC) pushing back above $70,000 and Ether (ETH) back in the $2,600s, traders looking for even faster gains continue to turn to the on-chain shitcoin markets in the hunt for top crypto gainers today.
Bitcoin and Ether are both up over 7% in the past 24 hours, as per CoinMarketCap. And while both could go a lot higher, some traders don’t want to wait 6-12 months for 2x gains.
Many would prefer to gamble on newly launched shitcoins that can potentially double their money in a few hours, or 10x their money in a day.
On-chain markets refer to the market for digital assets that have been issued directly on top of an existing blockchain.
For example, the Shiba Inu (SHIB) token is issued on Ethereum as an ERC-20 token.
These tokens can then be traded on decentralized exchanges (DEX), and also perhaps on centralized exchanges if they get big enough.
They are often referred to as meme coin (or shitcoin) markets and virtually anyone can issue a token at any time.
As a result, these on-chain markets are replete with scams and pump-and-dump schemes.
But shitcoin markets are the only place to find tokens that can rally in the 50-100x region.
Here are a few of the top crypto gainers today on Ethereum that traders will be monitoring, as per DEXScreener.
A just-launched shitcoin called Wrapped Trade AI (wTAI), which appears to be attempting to piggyback off of the gaining tokenization narrative, is pumping since its launch on Monday.
The token’s market cap was last around $7.4 million, with $330,000 in liquidity.
wTAI doesn’t appear to be a scam. But it could be a pump and dump designed to siphon money from speculators. That’s because it has a 20% buy tax and a 20% sell tax.
Traders need to
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