Altcoins
Biggest Crypto Gainers Today on Uniswap – BABY, MONKEYS, SMILEY
With blue-chip cryptocurrency markets choppy on Tuesday as US market participants return from a long weekend, the biggest crypto gainers today on Uniswap are $BABY, $MONKEYS and $SMILEY .
Small-cap cryptocurrencies almost always assume the role of the biggest gainers in crypto every day.
This is because their low level of liquidity means that relatively low buying pressure can easily lead to rapid exponential gains.
As the broader crypto market attempts to recover following the recent bearish reaction of “selling the fact” To Spot Bitcoin ETF Approval Last Week, Traders Are Turning To These small cap markets For opportunities.
Here are some of the biggest crypto gainers today on decentralized exchanges (DEX) Uniswap.
The biggest crypto gainers today on Uniswap
Dancing Baby ($BABY)
A meme coin called Dancing Baby ($BABY), which launched last October but never really caught on, blew up.
According to Uniswap$BABY is up over 4,400% on Monday, making it one of the biggest gainers in crypto today.
According to DEXToolsthe token’s market cap was just over $900,000, with around $130,000 of liquidity locked up.
Given that it’s been around for a little while now, $BABY probably isn’t a scam, but investors should be careful nonetheless.
Monkeys ($MONKEYS)
Another meme coin called Monkeys ($MONKEYS) saw an impressive 850% surge on Tuesday, making it one of the biggest gainers in crypto today. Uniswap.
According to DEXToolsThe token has a market capitalization of approximately $2.25 million and a locked liquidity of approximately $275,000.
It also has more than 3,000 holders.
But its smart contract has three concerning aspects, according to DEXTools’ security audit.
Smiley ($SMILEY)
Another shitcoin called Smiley ($SMILEY) rose 800% in 24 hours according to Uniswap.
The token’s market cap was around $14 million, with $2.5 million in partially locked liquidity and nearly 4,500 holders, according to DEXTools.
$SMILEY has also been around since last August and has no smart contract alerts, according to DEXTools.
This means it is unlikely to be a scam.
Crypto Alternatives to Consider
Bitcoin can offer huge upside potential.
But crypto investors should always be careful to diversify their holdings.
For those looking to add beta to their portfolio, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of new crypto projects to help fund their development.
These tokens are almost always sold cheaply, and there is a long history of presales offering huge exponential gains to early investors.
Many of these projects have fantastic teams and a great vision behind them to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward ratio of their pre-sale investment is very good.
The Cryptonews team spends a lot of time going through pre-sale projects to help investors.
Here is a list of 15 of what the project considers to be the best crypto presales of 2023.
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website you agree to our terms and conditions. We may use affiliate links in our content and receive a commission.