Top Crypto Gainers Today on DEXScreener
The crypto market may experience a brief respite in July after a tumultuous June. Bitcoin is trading at $62,000, and Ethereum (ETH) is hovering around $3,300. According to CryptoQuant author Minkyu Woo, July typically brings positive seasonality for Bitcoin and Ether, which could offer some relief to traders.
The crypto market faces persistent sell pressures as the German government continues to offload Bitcoin on exchanges, however. In contrast, spot Bitcoin ETFs saw $129.45 million in daily net inflows on Monday, with total Bitcoin funds generating $1.36 billion in trading volume on July 1.
Bitcoin spot ETFs had a total net inflow of $129 million on July 1, continuing a net inflow for 5 consecutive days. Fidelity ETF FBTC had a single-day inflow of $65.034 million, and Bitwise ETF BITB had a single-day inflow of $41.4022 million. https://t.co/Yanotfbotb
— Wu Blockchain (@WuBlockchain) July 2, 2024
Despite this, many traders are turning to on-chain markets to invest in top crypto tokens. These markets come with significant risks, however. Hundreds of tokens are issued daily, many of which are used to scam investors.
The markets are highly illiquid and volatile, making it easy for investors to lose their capital quickly.
While on-chain markets come with risks, they also offer the potential for high returns.
To explore these markets effectively, tools like DEXScreener are essential for identifying and monitoring top crypto gainers.
Here are some of the top crypto gainers today on DEXScreener that you should consider:
Introducing Daddy Tate Coin ($DADDY), an Andrew Tate-inspired memecoin that’s shaking up the cryptocurrency market with its unapologetic approach to education and financial freedom.
Similar to many other meme coins,
Read more on cryptonews.com
