While the blue-chip cryptocurrency markets are experiencing positive movement during the US trading session, investors seeking faster gains are shifting their focus towards the top crypto gainers on DEXTools. Bitcoin (BTC) has recently reached new one-week highs, surpassing the $43,600 mark, and is poised to break the resistance at $44,000. Simultaneously, Ether (ETH) has surged above $2,400 for the first time in over two weeks, with gains of 5% on the week due to successful testnet upgrades. The upcoming US CPI figures are anticipated to be a significant macro event to monitor.
While major cryptocurrencies provide potential upside prospects, traders aiming to generate quick profits often turn to low-cap markets. Micro-cap cryptocurrencies typically experience frequent price pumps and frequently dominate the list of biggest crypto gainers each day. Due to their limited liquidity, even a small influx of buying pressure can result in rapid exponential gains. Consequently, traders seeking quick exponential gains are drawn to micro-cap markets to capitalize on these opportunities.
In the decentralized exchange (DEX) tool DEXTools, Coffee Club Token ($COFFE) has emerged as the leading crypto gainer on Ethereum. Within the past 24 hours, $COFFE has surged by over 2700%, experiencing substantial growth. The token’s market cap currently stands at roughly $1.87 million, with approximately $780,000 in token liquidity and over 450 holders. However, it is crucial to note that DEXTools has identified five concerning aspects regarding the token’s smart contract, signaling potential risks.
Another notable gainer is MOROS NET ($MOROS), a token that has been experiencing significant upward momentum. Over the course of 24 hours, $MOROS has risen by approximately 330%, positioning itself among the top crypto gainers today. With a market cap of around $2.0 million and $160,000 in locked liquidity, $MOROS has garnered over 1,800 holders. Nevertheless, investors should exercise caution as DEXTools has issued nine smart contract alerts for this token, indicating the possibility of a scam.
An Elon Musk-inspired meme coin, Musk ($MUSK), has also observed substantial gains today, surging by over 160%. With a market cap of approximately $580,000 and approximately $200,000 in liquidity, $MUSK has attracted nearly 750 holders. Interestingly, DEXTools has only identified one smart contract alert associated with this token. However, it is important to reiterate that low-cap coins present both significant potential returns and considerable risks.
For individuals seeking a higher probability of near-term gains, engaging in crypto presales can be an alternative investment strategy. In crypto presales, investors purchase tokens from emerging crypto projects to support their development. These tokens are typically sold at lower prices, and history has shown that presales can yield exponential gains for early investors. Many of these projects possess exceptional teams and visionary plans, aiming to revolutionize the crypto industry.
Identifying promising presale projects can provide favorable risk/reward ratios for investors. The Cryptonews team dedicates considerable time and effort to evaluating presale projects and assisting investors in making informed decisions. To assist investors further, here are 15 notable crypto presales deemed to be the best of 2023:
1. Presale Project A
2. Presale Project B
3. Presale Project C
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15. Presale Project O
It is crucial to acknowledge that cryptocurrency is a high-risk asset class. The content of this article is provided for informational purposes only and should not be considered as investment advice. As an investor, it is important to evaluate the potential risks thoroughly, as the possibility of losing all invested capital exists.
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