- According to DEXTools, here are some of the top crypto gainers today on the Ethereum blockchain – CSHIB, DADA, FERRET.
Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but for investors looking to turn a quick profit will continue to turn to the top crypto gainers today on DEXTools.
Amid optimism about spot Bitcoin ETF inflows, the Bitcoin price was last trading just under $50,000, up 3.5% on Monday.
As per CoinShares, spot Bitcoin ETFs saw $1.1 billion in net inflows last week.
Meanwhile, AUM held by the newly launched nine spot Bitcoin ETFs (excluding Grayscale’s converted GBTC) exceeded $10 billion last week.
Ether (ETH), meanwhile, was last up just over 4% on Monday and back above $2,600.
Fellow top 10 coins Solana (SOL), Cardano (ADA), Avalanche (AVAX) and Chainlink (LINK), meanwhile, were trading with gains between 1-3% over the past 24 hours, as per CoinMarketCap.
See Also: Bitcoin Hits $50,000 For The First Time Since 2021
The release of US CPI data on Tuesday could trigger crypto market volatility.
That depends on how it impacts Fed rate cut expectations.
While the pump in blue-chip cryptocurrencies could continue in the coming sessions, meme coins and shitcoins could experience much larger gains.
That’s because their lower liquidity makes it easier for a few big buy orders to raise the price.
Here are some of the top crypto gainers today on the Ethereum blockchain, as per DEXTools:
CyberShib ($CSHIB)
A new shitcoin called CyberShib ($CSHIB) is up over 4,700% on DEXTools, making it the top crypto gainers today.
But this shitcoin is best avoided, as its probably a scam.
As per DEXTools’ smart contract audit, there is disagreement over whether it could be a honeypot scam.
Its tax also appeared to be modifiable, meaning a 100% sell tax could instantly be implemented.
Investors in this token are likely to have all their money stolen, so beware.
DaDa (DADA)
Chinese New Year meme coin DaDa (DADA) has pumped 140% on Monday, as per DEXTools.
That means its market cap is now over $500,000.
It last had liquidity of just over $100,000 and nearly 3,500 holders.
With its high DEXTscore of 90/99 and only one smart contract alert, its unlikely to be a scam.
But investors should always be cautious with low-cap coins, regardless of how innocent they look.
See Also: Marathon Faces Significant Downtime As Host “Applied Digital” Experiences Power Outage
Ferret AI (FERRET)
A shitcoin called Ferret AI (FERRET) that is attempting to ride on hype surrounding a recently launched Apple AI tool is pumping on Monday.
As per DEXTools, it was up around 130% in 24 hours.
That makes it one of the top crypto gainers today, with its market cap lasting around $485,000.
The token has $110,000 in locked liquidity and just over 2,600 holders.
It also has three smart contract alerts, so investors should be cautious that it could be a scam.
Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.
#Binance #WRITE2EARN
