Top Crypto Gainers on DEXScreener
The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) continues to show resilience, trading at $67,381 at press time. Despite market fluctuations, Bitcoin has started the week with renewed strength, aiming for new all-time highs.
After a 12% gain last week, Bitcoin’s price keeps climbing as it nears important resistance levels. If it passes these levels, it could reach new heights, raising hopes for top gainers after months of stability.
While Bitcoin remains a top gainer in the crypto market, several lesser-known cryptocurrencies have also posted significant price gains on the on-chain market. Traders are increasingly drawn to these markets for potential high returns.
One such cryptocurrency making waves is Baba ($BABA), a meme coin on the Solana blockchain. Launched on February 3, 2024, $BABA has a unique story of determination to surpass its brother, PEPE, in the crypto market. At press time, the $BABA token trades at $0.002841, marking an 8.35% increase in the past 24 hours.
Another notable gainer is Pickle ($PICKLE), a meme coin inspired by Matt Furie’s iconic Boy’s Club comic series. Trading at $0.02307, $PICKLE has seen a 12.3% increase in the last 24 hours and a 36.4% rise in the last 6 hours.
Lastly, Bigi ($BIGI) has become a community-owned project after its developer abandoned it, leading to a Community Takeover (CTO) project. Trading at $0.02158, $BIGI has shown an increase of 302% in the past day and 54.87% in the last 6 hours.
Investors should exercise caution when trading these tokens, as meme coins are susceptible to high volatility. While they offer potential high returns, they also come with risks. It is important for investors to conduct their due diligence and only invest what they can afford to lose in the volatile crypto market.
As the crypto market continues to evolve, investors are advised to consider crypto presales for low-priced projects with potential use cases. Crypto presales offer an opportunity to buy into ambitious projects at low prices before they go public, aligning with investment strategies before the project launches its native token.
Overall, the crypto market remains a high-risk asset class, and investors should approach investments with caution. It is essential to stay informed, conduct thorough research, and only invest what you can afford to lose in the ever-changing world of cryptocurrency.