Altcoins
New Religious Crypto Pump – Are They Scams? God, Mary and Baby Jesus Rise Today’s Top Crypto Gainers
Last updated: October 23, 2023 at 6:43 a.m. EDT | 2 minutes of reading
Three new meme coins with a religious theme were listed on Uniswap today, May 22 – $GOD, $MARY and $BABYJESUS – making the list of top crypto gainers on DEXTools.
Each has a low DEXTscore and some warnings in the contract details section of their DEXTools links – be careful when purchasing new DEX coins.
Jesus Coin (JESUS), launched last month, is also among the top trending cryptocurrency assets today on CoinMarketCap.
The Biggest Cryptocurrency Gainers: Are They Safe?
Often, a large winning percentage on a decentralized exchange is a sign of low liquidity, even more so than actual buyer interest – meaning there are not enough sell orders in the books of orders to keep the price from exploding, and that low buying volume can cause a pump in the thousands of percent.
At the time of writing, the three new meme coins have a liquidity of less than $100,000 and a fully diluted market cap of less than $1 million:
- GOD Coin – Liquidity $99,000, Market Cap $950,000
- MARY Coin – Liquidity $65,000, Market Cap $400,000
- Baby Jesus Coin – liquidity of $45,000, market cap of $300,000
Experienced traders can still profit from new tokens, but beginners often lose out – since as soon as significant selling pressure arrives from early holders, the price can collapse as quickly as it rose, the model “pump and dump” graphic.
Warnings on God, Mary and Baby Jesus tokens
DEXTools provides automatic auditing of all token smart contracts. This can be a useful resource when considering new Uniswap listings, which are attracting a growing number of investors – or so analysts say. could signal that Bitcoin has exceeded.
The $GOD token has been reported to have a blacklist feature in its contracts, just like $BABYJESUS.
$MARY has been reported to have the function of changing the maximum transaction amount or maximum token position.
These warnings – while not always 100% accurate – and low liquidity issues do not apply to other popular coins such as $PEPE, $COPIUM, $RFD, $SPONGE and d ‘other of the most trending cryptocurrency assets on DEXTools.
When these more established meme tokens make the list of top crypto gainers or “hot pairs”, the winning percentage tends to be in the double or triple digit range, with four or five digit winnings being much more rare when measured over a 24 hour period.
I’m drunk and aping the memecoins of all the replies guys post. aped Jesus.. way too loud but whatever.. aped $ God Also…. someone post Buddha.. Krishna.. Allah… and Joseph Smith contracts and I will ape them too
– Wizard of SoHo (🍷,🍷) (@wizardofsoho) May 22, 2023
To avoid crypto scams, it is also worth checking if any major crypto influencers have mentioned a new coin listing.
Most cashtag mentions for $MARY and $BABYJESUS on Twitter appear to be smaller accounts that may have limited engagement.
We could only find one large, well-known account mentioning the $GOD token, Wizard of Soho in the tweet above, which has 60,000 followers.
See our reviews of best new cryptocurrency projects of 2023.
Top Crypto Gainers This Month
Yesterday RefundCoin (RFD) increased by over 1,000%. It has liquidity of $14 million and no DEXTools warnings.
Jesus Coin (JESUS) is up about 25% today, 2,300% this week, and 4,800% in the past month.
The most trending cryptocurrencies on CoinMarketCap are also Pepe, Wagmi Coin and SAUDI PEPE – up 85% in the last day. These meme coins dominate the top three spots.
Other meme coins in the top ten are Shiba Inu and Love Hate Inu – recently listed on OKX.
This week Copium Token also ranked among the top trending cryptos on DEXTools.