Top Crypto Gainers Today on DEXTools
$NUERALINK, $BOBO and $GTAO 2.0 are the top crypto gainers today on DEXTools as the broader crypto market rebound continues on Tuesday.
Bitcoin (BTC) was last in the mid-$43,000s, up close to 1% in 24 hours as per CoinMarketCap.
Ether (ETH) and Solana (SOL) were the biggest major altcoin gainers, up 3% and 5% respectively.
Markets are in a good mood amid fading concerns about Grayscale sell pressure.
Bullish bets are also returning, with Standard Chartered touting a potential $4,000 ETH price on spot Ethereum ETF optimism.
Spannender Ausblick von Standard Chartered, einer globalen Finanzgröße: Sie erwarten die Genehmigung von den Spot Ethereum ETFs am 23. Mai.
Interessant dabei: Sie sehen ein Preisziel von $4,000 für ETH, angelehnt an die BTC-Entwicklung vor dessen ETF-Start. https://t.co/GkbIg15Fga pic.twitter.com/pm6ITjvARI
— Hoss (@hoss_crypto) January 30, 2024
But small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick profits usually turn to low-cap markets.
Here are some of the top small-cap crypto gainers on Thursday as per DEXTools.
Top Crypto Gainers Today on DEXTools
Nyro ($NYRO)
A shitcoin called Neuralink ($NEURALINK) has been pumping on Wednesday.
$NYRO was last up around 3,600% in the past 24 hours, as per DEXTools.
The pump in the coin comes amid news that Elon Musk’s company Neuralink just completed its first brain implant successfully.
Its market cap is pretty tiny at only around $1.8, with under $200,000 in liquidity.
Potential investors should be very cautious that the token could be a scam.
While it has a DEXTscore of 99/99, it has six concerning aspects to its smart contract.
BOBO ($BOBO)
A recently launched shitcoin called BOBO ($BOBO) has exploded and is one of the top crypto gainers on Wednesday.
$BOBO is up 760% in the past 24 hours, as per DEXTools.
But the latest pump has seen it hit a market cap of only $375,000, and it has limited liquidity of just $177,000.
Investors should be cautious that it could be a scam.
Smart contract auditors are undecided over whether it is a honeypot scam, as per DEXTools.
GT Protocol 2 ($GTAI 2.0)
A shitcoin called GT Protocol 2 ($GTAI 2.0) is pushing higher on Tuesday.
As per DEXTools, it was last up 600% on the day, making it one of the top crypto gainers today.
$ GTAI 2.0’s market cap was still a tiny $342,000, with liquidity of around $232,000.
The token has a solid DEXTscore of 95/99 and only one smart contract issue has been identified, lowering the risk it’s a scam.
Crypto Alternatives to Consider
Low-cap coins can offer huge potential returns but also come with a lot of risk.
For those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
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