Top Crypto Gainers Today on DEXScreener – TSUJI, FROSTY, FWOG
As crypto markets struggle amid fears that the Biden administration might dump Bitcoin ahead of November’s election, traders hunting for top crypto gainers today are turning to more speculative markets.
Bitcoin (BTC) retreated briefly below $66,000 on Tuesday as traders wait for Wednesday’s Fed meeting.
"The house view is for three Fed rate cuts beginning in September – I don't dispute that, I'd be happy with two from my perch."@Citi Research Head of U.S. Equity Research Scott Chronert looks ahead to this week's FOMC meeting, predicting stocks can still climb higher in 2024. pic.twitter.com/aDDF7M1VeF
— Money Movers (@moneymoverscnbc) July 30, 2024
The Fed could bolster crypto market sentiment, assuming it tees up a rate cut for September.
However, impatient traders looking for quick gains continue to turn to micro-cap altcoins markets.
They use tools such as DEXScreener to monitor the market for newly launched meme coins and shitcoins.
Such assets are exceedingly risky. Most of these newly launched tokens are either scams and/or pump-and-dump schemes.
But these coins sometimes post rapid exponential gains, netting early investors huge profits.
Here are some of the top crypto gainers today on DEXScreener that traders will be watching.
A newly launched cat-themed Ethereum meme coin called Tsutsuji (TSUJI) is pumping hard on Tuesday.
It was last up over 110,000% since its launch, per DEXScreener.
That’s taken its market cap above $5 million and its liquidity to around $300,000.
The token appears to have a decent community standing, with over 780 rocket ship emoji votes in DEXScreener to 191 red flag emoji votes.
That doesn’t mean the token isn’t a scam of some sorts. And a few big sell orders could see the
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