Today on DEXScreener, the top crypto gainers are TRILLY, MAGANOMICS, and WIG, making waves in the crypto market with impressive surges.
Despite the cryptocurrency market experiencing a day of modest recovery, with a 1.4% increase in the past 24 hours, the top crypto gainers are showing remarkable five- or six-digit gains. This rise in crypto prices can be attributed to the market being oversold for an extended period, with Bitcoin (BTC) down by 6.4% in the last week and Solana (SOL) down by 14.5%.
While major tokens are regaining momentum after weeks of decline, the market is witnessing the emergence of numerous low-cap altcoins and meme tokens that experience significant surges upon listing.
Today’s top crypto gainers on DEXScreener include two Solana-based tokens and one operating on Ethereum. All three tokens are listed on decentralized exchanges (Raydium or Uniswap), with their low trading volumes contributing to substantial price volatility.
TRILLY, a Solana-based token, has seen a rapid surge of 140,000% within just a few hours of listing, with a 200% increase in the last hour. Despite its low social media following, TRILLY has managed to generate a volume of $1.1 million, indicating potential staying power.
MAGANOMICS, an Ethereum-based token, references Trump in its name and has surged by 50,300% in the past 24 hours. With a larger social media presence and a 24-hour trading volume of $12.8 million, MAGANOMICS shows promise for future gains.
Lastly, WIG, which has surged by 33,000% in the past day, is attracting traders with an 11% increase in the last hour. With a strong online following and bursts of new volume, WIG is showing potential for longevity in the market.
As these top gainers continue their unpredictable price movements, it’s important to consider presales as a complementary strategy for crypto enthusiasts. While investing in meme tokens can be risky, looking for tokens with strong presale demand can indicate potential future success.
For those interested in exploring presales, Cryptonews has reviewed and selected some of the most promising presale coins currently available. Remember that crypto is a high-risk asset class, and this article is for informational purposes only and does not constitute investment advice. Proceed with caution to avoid potential capital loss.