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- Despite a bearish day in the cryptocurrency market, altcoins such as Render (RNDR), Kaspa (KAS), and Tron (TRX) are emerging as top gainers.
- Bitcoin (BTC) is facing a period of consolidation, with the SEC’s recent Wells Notice to Robinhood adding to the regulatory uncertainty.
- Traders are turning to on-chain markets and tools like DEXScreener to hunt for top crypto gainers.
Explore the top crypto gainers today on DEXScreener, including WalletAI, BOBO, and MEW, and understand the potential risks and rewards in the volatile on-chain markets.
Top Crypto Gainers Today on DEXScreener
As per DEXScreener, some of the top crypto gainers today on Ethereum include WalletAI (WALLETAI), BOBO (BOBO), and Mew on ETH (MEW). However, investors must exercise caution as most new coins issued on-chain are susceptible to scams, rug pulls, or pump-and-dumps.
WalletAI (WALLETAI)
WalletAI, a recently launched AI wallet token, is up by 21,500% on its first day. Despite its impressive gains, the token lacks any information on its DEXScreener page, raising potential red flags for investors.
BOBO (BOBO)
Another new coin, BOBO, has seen an 8,000% increase on the day. Similar to WalletAI, BOBO lacks information on its DEXScreener page, urging investors to conduct thorough research before investing.
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Mew on ETH (MEW)
Mew on ETH, a cat-themed meme coin, has surged over 3,000% in 24 hours. Despite its gains, the coin’s market cap remains small, and investors should never risk more than they can afford to lose in the on-chain markets.
A Potential Alternative: Wiener AI (WAI)
For investors with a high-risk tolerance, presale investing could be a viable strategy. Wiener AI, a new AI meme coin, has caught the attention of analysts for its potential. However, as with all investments, due diligence is crucial.
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Conclusion
While the top crypto gainers today offer potential for significant returns, they also carry substantial risks. Investors should always conduct thorough research and consider their risk tolerance before diving into the volatile on-chain markets.
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