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Most major crypto prices fell on Wednesday, despite US Consumer Price Index (CPI) data that supported the case for Fed rate cuts, with traders instead turning to tools like DEXScreener as they hunt for top crypto gainers today.
Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) were all down between 1-3% in the past 24 hours, per CoinMarketCap.
All remain locked within recent ranges, with neither the bulls or bears decisively in control of the market right now.
Subdued trading conditions in major crypto markets often result in traders looking up the crypto risk curve for volatility.
And, if one thing is for sure, it’s that highly illiquid on-chain micro-cap markets will always deliver volatility.
Indeed, traders often turn to DEX monitoring tools like DEXScreener as they search for trending coins and top crypto gainers today.
Here are some big movers they will be watching.
Top Crypto Gainers Today
Atsuko Sato (SATO)
A new Ethereum meme coin called Atsuko Sato (SATO) is one of the top crypto gainers today, up 2,000,000% since its launch, per DEXScreener.
SATO has been able to amass and impressive market cap of over $34 million.
But its liquidity is comparatively low at just over $500,000.
A big sell order from a whale could result in a rapid price crash.
That said, the community seems to trust this coin. It has over 360 rocket ship emoji votes to under 100 red flag emoji votes.
That doesn’t mean SATO isn’t a scam or pump-and-dump scheme of some sorts.
Traders must remember that almost all newly launched coins fall into this category.
PumpyFun (PUMPY)
A new Solana meme coin called PumpyFun (PUMPY) is up over 900,000% since launch, per DEXScreener.
That makes it one of the top crypto gainers today, with its market cap having nearly reached $10 million.
The meme coin seems to be attempting to ride hype related to the popular Solana protocol Pump.Fun.
PIZZA (PIZZA)
Another new Solana meme coin called PIZZA (PIZZA) is another top crypto performer today.
The new crypto coin was at one moment the top trending coin on DEXScreener today.
Its market cap was last around $13.3 million, with just under $300,000 in locked liquidity.
This token appears to be taking off on socials.
It has over 1,100 X followers already, and nearly 2,500 rocket emoji votes on DEXScreener.
Of course, that doesn’t mean it’s a safe investment.
Traders should never risk more than they can afford to lose in micro-cap on-chain markets.
A potentially safer way to bag big gains is by investing in crypto presales instead.
Web3 start-ups often sell their native token at a big discount to early investors to fund development and marketing.
If investors can identify high-potential projects, upside potential is huge.
And presales normally last a few weeks, meaning investors have time to do their research, rather than FOMOing in.
Here are some of the best crypto presales right now, according to Cryptonewscom analysts.
15 Best Crypto Presales to Invest In Now
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.