Top Crypto Gainers Today on DEXScreener – HashAI, SOLIDX, SUSAN
As blue-chip crypto markets swoon on Tuesday, traders hunting for top crypto gainers today are flocking to the on-chain shitcoin/meme coin markets in the hope of securing quick 10x gains.
Bitcoin (BTC) and Ether (ETH) are both down around 5% in 24 hours, as markets swoon amid macro headwinds.
Strong US manufacturing data on Monday has been interpreted by the market as likely to delay Fed rate cuts.
The US dollar and US bond yields have since vaulted higher, pressure US stocks and the crypto market.
Bitcoin was last trading near $66,000, having dipped as low as the $64,000s earlier in the day. The US government moved $2.1 billion of its confiscated Silk Road Bitcoin to Coinbase earlier, triggering jitters of a fire-sale.
Ether, meanwhile, was last trading just under $3,300.
Rather than jumping into the bearish blue-chip market, many would prefer to bet on newly launched shitcoins.
On-chain markets refer to the market for digital assets that have been issued directly on top of an existing blockchain.
For example, the Shiba Inu (SHIB) token is issued on Ethereum as an ERC-20 token.
These tokens can then be traded on decentralized exchanges (DEX) and perhaps on centralized exchanges if they get big enough.
They are often referred to as meme coin (or shitcoin) markets and virtually anyone can issue a token at any time.
As a result, these on-chain markets are replete with scams and pump-and-dump schemes.
But shitcoin markets are the only place to find tokens that can rally in the 50-100x region.
Here are a few of the top crypto gainers today on various blockchains that traders will be monitoring, as per DEXScreener.
A just-launched supposedly AI shitcoin called HashAI (HashAI) is up 1,000,000% in 24 hours, as per DEXScreener.
The Ethereum
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