Top Crypto Gainers Today on DEXScreener – KEYCAT, BRUH, FLUFFY
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
On a day when major cryptocurrencies failed to break above important short-term levels of resistance, focused switched to the highly volatile on-chain DEX markets as traders hunted top crypto gainers today.
Bitcoin (BTC) failed to hold above $61,000 on Thursday after running into resistance at its 50DMA around $62,000.
It was last trading around $59,000 and eyeing a test of recent lows around $58,000.
The subdued story is similar for other major cryptos.
Ethereum (ETH) was last trading near $2,500 after failing to break above $2,600.
BNB (BNB), Solana (SOL) and XRP (XRP), meanwhile, were down 2-4% in the past 24 hours.
Stronger-than-expected US economic data and robust Nvidia results thus failed to leave a lasting bullish impact on the market.
But top crypto gainers today in the on-chain DEX markets certainly continued to turn heads.
DEX markets are notorious for the low liquidity and volatility.
Moreover, on-chain DEX markets are replete with scam tokens and pump-and-dump schemes.
So traders need to be exceedingly careful when treading into these waters.
That being said, here are some top crypto gainers today on popular DEX analytics tool DEXScreener.
A new Solana meme coin called Keyboard Cat (KEYCAT) is leading the market as Friday draws closer.
Per DEXScreener, this meme coin’s market cap was last around $3.2 million, up 200% in 24 hours.
BIG DAY @KeyCatSolana pic.twitter.com/zZN7CoeIzp
KEYCAT has been around for some time now. That means it probably isn’t a blatant scam coin, or rug pull coin.
It’s also popular with the community,
Read more on cryptonews.com
