Today, the top crypto gainers on DEXScreener are RONALDO7, NGMI, and BBILLY. Despite a 2% loss in the cryptocurrency market, these tokens offer the potential for significant profits.
Bitcoin has dropped to a one-month low of $64,400 following last week’s hawkish FOMC decision. Altcoins such as Ethereum, Solana, and Dogecoin have also experienced significant drops in the past 24 hours.
Despite this, a few smaller alts and meme tokens have managed to avoid the widespread negativity and have seen substantial gains. Solana-based meme coins are leading the way over Ethereum-based tokens.
RONALDO7, which launched today on Raydium, has seen an impressive 1,000,000% increase in the past 24 hours, with a current value of $0.2112. Another top gainer is NGMI, which has posted a 550,000% increase in the past 24 hours and is showing signs of further growth. BBILLY, which listed only a few hours ago, has also experienced a significant increase of over 110,000%.
While these coins present opportunities for short-term gains, they also come with significant risks. Investors should be mindful of the potential for rapid price fluctuations and consider alternative options with stronger fundamentals, such as successful presales.
Successful presales indicate strong interest in a token before it launches and provide traders with the opportunity to buy high-potential coins at discounted prices. Cryptonews analysts have identified the most promising presales happening right now, allowing traders to narrow their search for the best tokens.
It’s important to remember that crypto is a high-risk asset class, and this article is provided for informational purposes and does not constitute investment advice.