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Top Crypto Gainers Today on DEXTools
Crypto bulls maintain their dominance, with Bitcoin (BTC) achieving new all-time highs exceeding $73,000 on Wednesday, while Ether (ETH) continues to test the $4,000 mark following the successful rollout of the Dencun update. However, traders seeking today’s top crypto gainers are increasingly turning to the significantly more volatile and illiquid on-chain shitcoin markets.
The outlook for leading cryptocurrencies remains robust, with the bull market clearly in progress as Bitcoin ETF inflows increase.
Nevertheless, few established coins with market capitalizations above $1 billion present the opportunity for more than 10x upside potential.
For those aiming for 50-100x returns, traders must explore a much riskier yet potentially rewarding market: the on-chain shitcoin markets.
There are virtually no restrictions for individuals to create a token on blockchains such as Ethereum, BNB, Solana, etc.
Consequently, new coins that are subsequently traded on DEXs are continually emerging.
The vast majority are either fraudulent or part of pump-and-dump schemes. However, some manage to perform exceptionally well, achieving market capitalizations of potentially hundreds of millions.
Here are some of the leading crypto gainers today on Ethereum, according to DEXTools.
Top Crypto Gainers Today
BullFrogInu ($BULLFROG)
A newly launched shitcoin, BullFrogInu ($BULLFROG), has surged 28,200% in the past 24 hours, with its market cap reaching $2.35 million.
This shitcoin has $250,000 in unlocked liquidity. However, it has fewer than 50 holders, and the recent surge is attributed to only $65,000 in trading volumes.
These figures are not particularly impressive. Potential investors should approach this coin with caution.
Especially since DEXTools’ smart contract audit suggests it may be a honeypot scam.
Animax AI ($ANAI)
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A newly launched “AI” use case shitcoin, Animax AI ($ANAI), has increased by 1,000% on Tuesday, according to DEXTools.
This has elevated its market cap to just over $1 million, with 125 holders.
The token possesses $270,000 in locked liquidity, which mitigates rug pull risks.
Nonetheless, the token could still be fraudulent.
According to DEXTools’ smart contract audit, Honeypot.io identifies it as a honeypot scam.
Pulse ($PULSE)
A newly launched shitcoin named Pulse AI ($PULSE) has surged 5,270% in 24 hours, pushing its market cap above $500,000.
The token has $120,000 in liquidity and nearly 300 holders. However, it has a 5% buy and sell tax and two smart contract alerts.
Potential investors should exercise extreme caution and ensure they conduct thorough research. There are no secure investments in the shitcoin market.
Alternatives to Consider – Smog (SMOG)
Shitcoins carry significant risks. Most are either outright scams or, at the very least, pump-and-dump schemes intended to leave unsuspecting investors at a loss.
A more prudent strategy is to seek out more established meme coins that already have a foothold but have not yet experienced a substantial surge.
One such meme coin is a recently launched Solana coin called Smog (SMOG).
Its price has increased nearly 6x since late February, reaching a market cap of $170 million, according to DEXTools.
The dragon-themed token promotes itself as offering Solana’s largest airdrop ever.
Traders can qualify for the airdrop by purchasing and holding SMOG on Solana or by staking the token on Ethereum.
Although its market cap remains modest, SMOG already has a strong community.
Indeed, according to birdeye.so, it already has nearly 100,000 holders.
Given the recent enthusiasm surrounding Solana airdrops, SMOG could attract considerable attention in the upcoming weeks.
SMOG has the potential to provide at least 10x returns to investors, which is why it ranks among the top crypto meme coins to consider now.
Traders should be aware that they can receive a 10% discount when purchasing SMOG directly through the project’s website.
They can also stake their tokens for a 42% APY.
Buy SMOG Here
The post Top Crypto Gainers Today on DEXScreener – BULLFROG, ANAI, PULSE appeared first on Cryptonews.
