Top Crypto Gainers Today on DEXScreener – BULLFROG, ANAI, PULSE
Crypto bulls remain in control, with Bitcoin (BTC) hitting fresh record highs above $73,000 on Wednesday, and Ether (ETH) continuing to probe $4,000 in wake of the successful implementation of the Dencun update, but traders hunting for top crypto gainers today continue to flock to the much more volatile and illiquid on-chain shitcoin markets.
The outlook for blue-chip cryptos remains strong, with the bull market very clearly in swing as Bitcoin ETF inflows pump.
But few established coins with market caps over $1 billion offer the possibility of greater than 10x upside potential.
If they want to secure 50-100x gains, traders need to visit a much more dangerous but potentially lucrative market. The on-chain shitcoin markets.
There is virtually no barrier for someone to launch a token on blockchains like Ethereum, BNB, Solana etc.
So new coins, which are then traded on DEXs, are constantly popping up.
The vast majority are either scams or pump and dumps. But some end up doing very well and reaching market caps of potentially $100s of millions.
Here are some of the top crypto gainers today on Ethereum, as per DEXTools.
A recently launched shitcoin BullFrogInu ($BULLFROG) is up 28,200% in 24 hours, its market cap having reached $2.35 million.
The shitcoin has $250,000 in unlocked liquidity. But it has under 50 holders and the latest pump is as a result of only $65,000 in trading volumes.
Those aren’t very impressive numbers. Potential investors ought to be very suspicious of this coin.
Not least because DEXTools’ smart contract audit thinks it could be a honeypot scam.
A just launched “AI” use case shitcoin called Animax AI ($ANAI) has pumped up 1,000% on Tuesday, as per DEXTools.
That has seen its market cap rise to just over $1 million,
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