Top Crypto Gainers Today on DEXTools – TYPE, D/ACC and STRM
TYPE, D/ACC and STRM are some of the top small-cap crypto gainers today on DEXTools, while blue-chip cryptocurrency markets pump.
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.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick 5-10x profits usually turn to low cap markets.
Speaking of blue-chip markets, a successful first day of spot Bitcoin ETF trade in US markets has prices pumping.
Bitcoin (BTC) is up nearly 2% in the past 24 hours in the mid-$46,000s.
The world’s largest cryptocurrency by market capitalization hit two-year highs above $49,000 earlier in the day.
Ether (ETH), meanwhile, is up 4% over the same period in the $2,600s.
Elsewhere, top 20 coins like Bitcoin Cash (BCH), Avalanche (AVAX), Cardano (ADA), Polkadot (DOT), Dogecoin (DOGE) and Polygon (MATIC) are up between 5-10%, as per CoinMarketCap.
Crypto index provider CF Benchmarks projected that inflows into just BlackRock’s iShares Bitcoin Trust ETF could be as much as $3 billion on Thursday, marking record high demand for a newly launched ETF.
And that’s not even including the 10 other spot Bitcoin ETFs that also launched on Thursday.
While a successful spot Bitcoin ETF launch day has markets in a good mood, here are some of the top small cap crypto gainers on Thursday as per DEXTools.
A newly launched shitcoin called TypeAI ($TYPE), which claims to simplify blockchain with text and voice commands, is one of the top crypto gainers on Thursday.
$TYPE is up 350% in the past 24 hours, as per DEXTools.
The latest pump has seen it hit a market cap of
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