Top Crypto Gainers Today on DEXTools – NOBODY, KABO, QWIK
While blue-chip cryptocurrency markets succumb to broad sell pressure on Wednesday as macro headwinds come in, shitcoin markets remain wild, with $NOBODY, $KABO and $QWIK the top crypto gainers today on DEXTools.
Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
As the broader crypto market succumbs to continued sell pressure as a result of the ongoing post-Bitcoin ETF approval “sell-the-fact” market reaction, and as strong US data pushes the US Dollar Index and US yields higher as traders pull back on Fed rate cut bets, crypto degenerates are turning to these low-cap markets for opportunities.
Here are some of the top crypto gainers today on decentralized exchange (DEX) analytics website DEXTools.
A shitcoin called NOBODY ($NOBODY) that was initially launched last September has exploded into life this week.
As per DEXTools, it was last up around 4,000% in the past 24 hours.
$NOBODY’s market cap was last around $2.8 million, with around $280,000 in liquidity and over 2,500 holders.
The shitcoin has two smart-contract alerts, as per DEXTools.
But given it’s already been around for a little while, that reduces the risk that is a scam coin.
Another shitcoin that was launched a few weeks ago called KaboChan ($KABO) has also exploded into life on Wednesday.
As per DEXTools, $KABO is up around 4,300% in the past 24 hours, nearly reaching a $1 million market cap.
The token has four smart contract alerts, as per DEXTools’ security audit, so potential investors should be cautious.
QWIKMINE ($QWIK), which claims to be a proof-of-work mining solution that has been tokenized
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