Altcoins
The biggest crypto gainers today on Uniswap
Last Updated: January 12, 2024 6:22 PM EST | 2 minutes of reading
As Bitcoin (BTC) leads the broader cryptocurrency market into a sharp decline on Friday, traders looking to make quick gains are looking for the biggest small-cap crypto gainers on Uniswap today.
Small-cap cryptocurrencies almost always assume the role of top crypto gainers 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 succumbs to a Market Reaction of “Selling the Fact” After Bitcoin ETF Approvaltraders are turning to the latter 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
Troll ($TROLL)
A shitcoin called Troll ($TROLL) is one of the biggest gainers today on Uniswapup more than 100% in 24 hours.
According to DEXToolsthe token’s latest pump allowed it to reach a market capitalization of $6.7 million.
The token also has almost 4,000 holders and just over $500,000 in liquidity.
Since it has been around for a while and there are no smart contract issues, according to DEXTools’ security audit, $TROLL is probably not a scam.
TokenFi ($TOKEN)
TokenFi’s tokenization protocol’s native token of the same name $TOKEN is up an impressive 15% on Friday.
This makes him one of the biggest gainers today on Uniswap.
Its latest rally allowed it to reach a market capitalization of just under $15.5 million.
The token also has over $3 million in locked liquidity and nearly 6,000 holders.
However, DEXTools identifies three concerning aspects of its smart contract, including a potentially modifiable tax.
Cold stack ($CLS)
Decentralized cloud aggregator Coldstack ($CLS) saw an impressive 10% surge on Friday, pushing its market cap to $5.3 million.
This means that it is one of the biggest crypto gainers today on Uniswap.
The token has just under 3,900 holders and $1.39 million in liquidity, according to DEXTools.
Present since early 2021, investors can be sure that $CLS is not a scam token.
Crypto Alternatives to Consider
Small-cap coins can offer huge potential returns, but also carry a lot of risk.
For those looking for a greater likelihood of short-term gains, 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.