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Here are the top crypto gainers today on DEXScreener

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Top Crypto Gainers Today on DEXScreener - WIFMAGA, MEGA, APE

Last updated: May 20, 2024 10:29 pm EDT | 3 minutes reading

Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APETop Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE / Source: Cryptonews

As crypto markets rose on Monday on optimism that Ethereum ETFs could soon gain approval, renewed appetite for risk caused traders hunting for today’s top crypto gainers to flock to online markets. chain.

Ether (ETH) rose an impressive 19% on Monday and last traded around $3,600.

If Spot Ethereum ETFs getting US approval, that would be a huge stamp of approval from regulators for the asset.

And it would open the door to a flood of institutional investments, as was seen later Spot Bitcoin ETF approvals.

Bitcoin (BTC) also rose, gaining 8% on Monday and last trading around $71,000.

And the altcoin markets were a sea of ​​green. The tastes of Pepê (PEPE), Arbitrum (ARB), Optimism (OP), and Uniswap (UNI) gained around 20% along with ETH.

There is room for the rally to continue. Macroeconomic headwinds have eased this month as Fed rate cut bets rise after less heat than expected Jobs in USA It is CPI inflation data.

And Ethereum ETF optimism could be just the catalyst needed to keep the rally going.

Top cryptocurrencies like BitcoinEther and Solana are above key short-term resistance levels and could retest yearly highs.

While the outlook is good, some cryptocurrency traders are looking for greater volatility.

Highly illiquid on-chain markets are the perfect place for these highly risk-tolerant traders.

New shit It is meme coins are launched every day on blockchains like Solana and Ethereum.

Most are scams or pump-and-dumps, and almost none have long-term value. But in the short term, some are posting impressive gains.

Here are some of the top crypto gainers today in on-chain markets, according to analytics tool DEX DEX Screener.

Top Crypto Earners Today

Dogwifmaga (WIFMAGA)

A newly released MAGA-themed version of dogwifhat, dogwifmaga (WIFMAGA) is hot in early Tuesday trading.

WIFMAGA last had a market value of US$1.7 million, as per DEX Screenerwith just over $100,000 in locked liquidity.

https://twitter.com/DogwifmagaCTO/status/1792735559036891324

The Trump-supporting spin on the original dogwifhat meme coin has just applied to be listed on CoinMarketCap.

https://twitter.com/DogwifmagaCTO/status/1792732911789048098

The token already has 1,389 followers on X and more than 1,000 followers on Telegram.

Signs of early community traction do not mean the token is not highly risky. Remember that almost every newly released coin is either a pump and dump or a scam.

Traders must always do due diligence.

MEGA (MEGA)

Another Trump-themed coin, this one called MEGA for “Make Ethereum Great Again,” is booming.

https://twitter.com/MegaEthHat/status/1792647354731962562

Since its launch on Monday, it has increased by 57,000% in 24 hours as per DEX Screener.

The token’s market capitalization was $3.7 million, with over $400,000 in liquidity partially locked.

The ERC-20 token has two issues with its smart contract, according to a smart contract audit by Go+ Security.

Monkey.lol (APE)

Ape.lol (APE), the token of a supposedly soon-to-be-launched token launch platform, is trending hard on Monday.

The token has risen nearly 40,000% since its launch, its market cap lasts around $2.2 million, according to DEX Screener.

APE also has $135,000 in locked liquidity and has already recorded $1.7 million in trading volumes.

Although it may seem like a legitimate project, it can still easily be a scam. Traders should always do their own research.

Cryptographic Alternatives to Consider

Altcoins are a great way to make quick gains in crypto. However, most of the coins mentioned above are already very well established to provide traders with gains of more than 10x.

To make bigger gains, traders will need to get into the newer coins very early.

For risk-tolerant investors looking to add positive exposure to their portfolios, pre-sale investment is potentially a good strategy.

Web3 Startups often sell their tokens at an early discount in pre-sales to fund development and generate excitement.

With so many pre-sales on the market, it can be difficult to know where to start. Here are some of Cryptonews’ top picks.

21 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 can lose all your capital.



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We are the editorial team of FinCrypt, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on FinCrypt, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Crypto Markets Rebound as Spot Bitcoin ETFs Attract Massive Inflows

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Crypto Markets Rebound Ahead of Early Ethereum ETF Approval

This week saw $722 million worth of Bitcoin spot ETF inflows, including the largest daily inflow in a month.

Cryptocurrency markets rallied on Wednesday, driven by inflows into spot Bitcoin exchange-traded funds (ETFs).

The price of Bitcoin (BTC) is up 3% over the past 24 hours to last change hands at $65,200, according to CoinGecko. Ethereum (ETH) is up 2% and is trading at $3,471. Solana (SUN) and Polkadot (POINT) increased by 4%.

Bitcoin spot ETFs saw $422 million in daily inflows on Tuesday, the highest in the past 30 days, according to Far side data, . The all-time record for a single day was $1.05 billion on March 12.

Among Tuesday’s top contributors, BlackRock’s IBIT led with $260 million in inflows, followed by Fidelity’s FBTC with $61 million. This week has already seen more than $722 million in inflows.

Among the top 100 cryptocurrencies by market cap, Worldcoin (WLD) led with a 28% increase, followed by Helium (HNT) with 20% and Lido DAO (LDO) with 15%.

Worldcoin, a decentralized identity project led by OpenAI CEO Sam Altman, announced is extending the lockups for early investors and team members. This means that tokens will be gradually released through 2029, instead of the original 2027 plan. Token unlocks are generally seen as a negative because they increase supply and early investors can sell their tokens for profit.

Meanwhile, XRP, the token of the XRP Ledger network, jumped 8% after the CME and CF benchmarks introduced new indices and reference rates for XRP.

U.S. stocks faced a downturn on Wednesday. The S&P 500 fell 1%, while the Nasdaq Composite and Dow Jones Industrial Average both fell 2%.

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Altcoins on the cusp of a major breakout – WLD, AR, and INJ prices could surge by 20% in the coming days

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Altcoins on the cusp of a major breakout – WLD, AR, and INJ prices could surge by 20% in the coming days

Crypto markets appear to have been taken over by the bulls as major tokens have surged above their crucial resistance zone. Bitcoin surged above $65,000 while Ethereum was above $3,500, and XRP, which had remained passive for quite some time, surged over 40% in the past few days to hit $0.6. The uptrend has been captured in most altcoins, with Worldcoin (WLD), Arweave (AR), and Injective (INJ) leading the rally. Here’s what to expect for these tokens in the coming days.

Worldcoin (WLD) Price Analysis

O Worldcoin Price has been trading inside a descending wedge since it marked a new ATH near $12 in the final days of Q1 2024. The recent price action helped the price break out of the upper resistance of the wedge, breaking above the crucial resistance zone between $2.21 and $2.39. Market sentiments have changed, but technicals suggest that the bulls may remain passive for a while, which could offer some room for a bearish pullback.

The price broke out of the wedge with a significant increase in volume, but the current volume suggests that the bulls have taken a step back. Meanwhile, the RSI is about to reach the upper boundary, which could attract bearish forces. Additionally, the DMI has undergone a bullish crossover, but the decline in the ADX suggests that the rally may remain consolidated above the gains. Therefore, the WLD price is expected to maintain a horizontal consolidation between $3 and $3.3 and trigger a fresh rally to $4.4 during the next bullish rally.

Arweave (AR) Price Analysis

Arweave formed a strong base around $25, which helped the rally trigger a recovery during the bearish attack. Mt. Gox and German terror forced the price to fall below $20. However, the recent price action has brought the altcoin within the bullish range and raised expectations of maintaining a decent uptrend for a few more days.

AR price has hit one of the major resistances around $30 to $31.5, which could act as a strong base once overcome. The buying volume is slowly increasing, which could keep the bullish hopes for the rally high. Moreover, the supertrend has just flashed a buy signal, indicating a clean reversal of the trend. Therefore, AR price seems primed to maintain a healthy uptrend and rally above $40. However, if the bulls maintain a similar trend, making new highs above $50 may not be a tedious task for the bulls.

Price Analysis of Injective (INJ)

Injective price has been showing sharp strength since the beginning of the year and hence, the recent turnaround is expected to revive a good uptrend going forward. The bears engulfed the rally to a large extent, but the recent price action suggests that the bulls have regained their dominance. Therefore, INJ price is expected to maintain a strong uptrend with a bearish interference on the way down.

INJ price has surged above the lower support zone and has registered consecutive bullish candles. Although the volume is below the required levels, the OBV is maintaining a sharp uptrend. Furthermore, the Ichimoku cloud lead span B is heading towards the lead span A and a healthy crossover indicates the start of a new uptrend. However, INJ price may be out of the bears’ reach once it secures the resistance zone between $30.77 and $32.12, which seems to be on the horizon.

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Ethereum at $3.5K, Exchange Supply Hits 34-Month High

FinCrypt Staff

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Ethereum at $3.5K, Exchange Supply Hits 34-Month High

Ethereum (ETH) supply on exchanges has hit a 34-month high as the asset’s price surpassed the $3,500 mark.

ETH has risen 2.3% over the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a market cap of $419 billion — briefly touched an intraday high of $3,517 earlier today.

ETH Price, Whale Activity, RSI, and Exchange Supply – July 17 | Source: Santiment

Ethereum’s daily trading volume also increased by 7.6% to reach $19.8 billion.

According to data provided by Santiment, the supply of Ethereum on exchanges has reached $19.52 million ETH. This level was last seen in September 2021, when the asset was trading around the same price.

On the other hand, data from the market intelligence platform shows that the number of whale transactions has fallen by 12% in the last day — falling from 8,730 to 7,629 unique transactions per day.

The move shows that the supply of Ethereum on exchanges has been increasing with small deposits rather than large transactions from whales.

Additionally, the ETH Relative Strength Index (RSI) is currently hovering at the 60-mark, per Santiment. The indicator shows that Ethereum is slightly overbought at this price point, but it may not be in a critical position due to its large market cap.

One of the main drivers of Ethereum price increase is ETH spot expectations ETFs in the US Investment products are scheduled to start trading on July 23rd.

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Bits + Beeps: How to Play the ‘Trump Trade’ in Cryptocurrencies After the Assassination Attempt

FinCrypt Staff

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Bits + Bips: How to Play the ‘Trump Trade’ in Crypto After the Assassination Attempt

Also, how much will the Fed cut rates (and when)? What will be the inflows into ETH ETFs? And what is the near future for Bitcoin?

Posted on July 17, 2024 at 12:00 PM EST.

Listen to the episode at Apple Podcasts, Spotify, Capsules, Source, Podcast Addict, Pocket molds, Amazon Musicor on your favorite podcast platform.

In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger and Joe McCann, joined by guest Jack Platts, dive into the market reaction to the recent assassination attempt on former President Donald Trump, analyzing how this event will influence the 2024 US presidential election and the cryptocurrency markets.

They also cover potential rate cuts: Could there be a cut in July? How big could the September rate cut be? Could the decision be influenced by the upcoming election?

They also give their predictions on what percentage of BTC ETF inflows the ETH ETFs will reach, and James talks about what he expects for Grayscale’s ETHE (hint: his outlook would be positive for ETH).

Finally, they delve into what’s next for Bitcoin as the German government runs out of BTC and Mt. Gox distributions begin. Just now?

Program Highlights:

  • Whether Trump’s shooting decided the election and whether the event caused a “flight to safety”
  • How election markets are becoming a place to watch election probabilities and whether cryptocurrencies “lean right”
  • Whether rate cuts will occur in July or September and by how much they will cut: 25 bps or 50 bps
  • How Joe sees the relationship between global liquidity cycles, rate cuts, and the potential rise of Bitcoin
  • What are the new updates about Ethereum ETFs and their expected launch?
  • Why Solana Hasn’t Performed Significantly Better Since Trump News
  • What Market Breadth Indicates About the Current Market Rally and the Impact of Rates on Small Caps
  • Everyone’s predictions on ETH ETF inflows and how much outflow we’ll see on Grayscale’s ETHE
  • What’s Next for BTC After German Government Exits Bitcoin and Mt. Gox Giveaways Starting This Week

Hosts:

Guest:

  • Jack PlattsCo-Founder and Managing Partner of Hypersphere Ventures

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