Crypto Market Winners Today on DEXScreener – AITAX, AMERICA, BOOE

Top Crypto Movers Today on DEXScreener – AITAX, AMERICA, BOOE


By Joel Frank
Last updated:
May 1, 2024 19:34 EDT
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Reading time: 2 minutes


As the cryptocurrency market recently experienced a significant decline, with Bitcoin (BTC) dropping below $60,000 for the first time since late February, traders are now focusing on the on-chain markets to find the top-performing cryptocurrencies today.
Bitcoin is currently trading in the $57,000 range as traders analyze the latest Federal Reserve policy announcement. They are also keeping an eye on negative flows in Bitcoin ETFs, which have seen outflows for the past five days.


According to The Block, US ETFs have experienced outflows for five consecutive days.
Most altcoins are also in the red, prompting traders who are looking for quick profits to turn to the volatile and unpredictable on-chain markets.
On-chain markets refer to the markets for assets that are issued and traded directly on the blockchain.
Every day, numerous new tokens are launched, but most of them are pump-and-dump schemes or scams. However, there are some hidden gems that can provide early investors with significant gains of 10 or even 100 times their investment.
Traders often rely on tools like DEXScreener to identify trending and rapidly growing coins.
With that being said, here are some of the top-performing cryptocurrencies today on Ethereum, according to DEXScreener.
Top Crypto Movers Today
AITaxBot (AITAX)
A newly launched cryptocurrency called AITaxBot (AITAX) has surged by 1800% on Wednesday, according to DEXScreener.
The token currently has a market cap of $370,000, with $130,000 in locked liquidity, and has recorded volumes of $520,000 so far.
However, the smart contract of the token has four concerning aspects, as highlighted by Go+ Security. Investors should exercise caution.
America (AMERICA)
A meme coin named America (AMERICA), which was launched three days ago, continues to gain momentum.
It has recorded a 220% increase in the past 24 hours, with a market cap of $5.1 million, as per DEXScreener. Additionally, it has $260,000 in locked liquidity.
The meme coin has been actively donating to US veterans, which is an interesting and commendable marketing strategy for a meme coin.
This could explain the continuous surge in AMERICA’s value, and hopefully, it sets a trend.
However, the token has two smart contract issues, as identified by Go+ Security.
Book of Ethereum (BOOE)
A meme coin called Book of Ethereum (BOOE) has reached new record highs on Wednesday following a 50% intra-day gain.
According to DEXScreener, the coin now has a market cap of $3.3 million and liquidity of $270,000.
BOOE does not have any issues with its smart contract and does not appear to be a scam. However, investors should always conduct thorough research and remember that the majority of newly launched coins do not retain long-term value.
Alternative Investment Strategy to Consider – Presales
While identifying promising altcoins can be profitable, investing in presales can potentially yield even higher returns if done correctly.
Web3 projects/protocols often offer their native tokens at a discounted rate to early investors in order to fund development.
If investors can reliably identify projects that have a strong vision, use case, and competent team and subsequently gain traction in the market, they can make significant profits.
However, the presale market can be daunting, and knowing where to start is often a challenge.
To help with this, Cryptonews has compiled a list of their top picks.
20 Best Crypto Presales to Invest In
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Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. There is a possibility of losing all of your capital.