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- As blue-chip cryptos stabilize, traders are turning to the on-chain markets in search of top crypto gainers.
- Tools like DEXScreener are being used to locate trending and pumping coins.
- Top crypto gainers today include Crypto Felon (FELON), Yield (YIELD), and Book of Bitcoin (BOOB).
Discover today’s top crypto gainers on DEXScreener, including FELON, YIELD, and BOOB. Learn about the current state of the on-chain markets and the alternative investment strategy of presales.
Traders Turn to On-Chain Markets
With Bitcoin (BTC) consolidating below $60,000 and major altcoins also consolidating, traders are turning their attention to the on-chain markets. These markets refer to assets that were issued and trade directly on the blockchain. Despite the potential risks, some traders are finding gems that could offer quick 10 or even 100x gains.
DEXScreener: A Tool for Finding Top Crypto Gainers
DEXScreener is a popular tool among traders for locating trending and pumping coins in the on-chain markets. Today, some of the top crypto gainers on Ethereum, as per DEXScreener, include Crypto Felon (FELON), Yield (YIELD), and Book of Bitcoin (BOOB).
Top Crypto Gainers Today
Crypto Felon (FELON)
A newly launched coin called Crypto Felon (FELON) has seen a massive 72,000% pump since its launch, according to DEXScreener. Despite its name, the token only has one smart contract issue. However, traders are advised to tread with caution when dealing with newly launched tokens.
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Yield (YIELD)
Another new coin, Yield (YIELD), is up over 48,000% in 24 hours. DEXScreener puts its market cap at $2.2 million, with just over $200,000 in locked liquidity. However, this coin has five smart contract issues, so traders should be extra careful.
Book of Bitcoin (BOOB)
Following the success of the meme coin Book of Ethereum, a new token Book of Bitcoin (BOOB) has launched. BOOB’s market cap was last $1.1 million, having rallied 29,000% in 24 hours as per DEXScreener. The token has $120,000 in locked liquidity and only one issue with its smart contract.
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Considering Presales as an Alternative Investment Strategy
Investing in presales can potentially net even higher gains if executed correctly. Web3 projects/protocols often sell their native tokens at a discount to early investors to fund development. If investors can reliably identify projects with strong vision, use case, and competent team, they can make big profits.
Conclusion
As blue-chip cryptos stabilize, traders are turning their attention to the on-chain markets in search of top gainers. Tools like DEXScreener are proving useful in this endeavor. However, it’s important to tread with caution and consider alternative investment strategies like presales.
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