Altcoins
Top Crypto Gainers Today on DEXScreener
Last updated: May 13, 2024 at 10:30 p.m. EDT | 2 minutes of reading
While major cryptocurrencies posted tepid gains at the start of the week, with Bitcoin (BTC) up 2.5% to $63,000 while Ether (ETH) struggled but did not managed to surpass $3,000, the top crypto gainers today were all in the on-chain token markets.
Major cryptocurrencies remain stuck in recent trading ranges ahead of a barrage of US data later in the week.
But commercial activity in the piece of money the space was set alight by the sudden and unexpected return of Roaring Kitty.
Legendary GameStop Retail Investor Roaring kitten was a leading figure in the 2021 meme stock movement.
His return sparked calls for the return of crypto meme season and stock markets.
Not surprisingly, coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) and dogwifhat (WIF) outperformed.
But the top crypto winners today were all new/recently launched. coins with connections to the 2021 meme stock craze.
Here are some of the biggest players, according to the decentralized exchange (DEX) DEXScreener analysis tool.
Top Crypto Gainers Today
PARIS ON RUE SOL (SOLBET)
A variation of the name of the extremely popular retail trading community Wall Street Bets, which rose to fame during the meme stock craze of 2021, SOL STREET BETS is up sharply on Monday.
https://twitter.com/SOL_STREET_BETS/status/1790032169907155010
According to DEXScreenerthe Solana-based meme coin rose 39,400% in 24 hours.
Its market capitalization was still modest, at just under $1 million.
SOLBET is definitely one to watch if the current coin explosion continues to grow.
It has $125,000 in locked liquidity and has been traded by almost 12,000 unique wallets.
Before jumping in, traders should remember that almost all newly launched coins are either pumps and dumps or scams.
Roaring Cat (KITTY)
Named after Roaring Kitty himself, Roaring Kitty (KITTY) rose 1,000% in 24 hours on Monday. This has made it one of the top gainers in crypto today.
Despite having no obvious use cases, KITTY has managed to achieve a market cap of $24.5 million.
https://twitter.com/RoaringKSol/status/1790184156464603600
The token has $828,000 in locked liquidity and has been traded by almost 13,500 individual wallets.
AMC (AMC)
AMC Holdings was one of the most popular meme stocks of the 2021 craze.
So it’s no surprise that an AMC-themed coin popped after Roaring Kitty’s return.
AMC first launched in January and had faded into obscurity by April.
However, AMC came back to life on Monday and saw a final surge of 450%, according to DEXScreener. This has made it one of the top crypto gainers today.
Meme Stonk Summer 🫡☀️
-AMC (@AMC0NSOL) May 14, 2024
Its market capitalization stood at $8.4 million, with $646,000 in cash tied up.
Best Alternative to Consider – Dogeverse (DV)
The meme coins mentioned above are all short-term hype and could quickly disappear.
Investors looking to make big gains might be better off choosing a more classically themed coin with an exciting use case.
An exciting Shiba Inu themed coin called Dogevers (DV) could be a perfect fit.
Dogeverse is a multi-chain version of Dogecoin, launched on the six most widely used blockchains, excluding Bitcoin, with multi-chain bridging capabilities.
There are a multitude of channels vying to be the go-to destination for coin launches – but Dogeverse plans to fit the bill by being present on every major channel.
Get on the degenerate train before it goes wrong #Wormhole!#DOGE #Memecoins #Altcoins #Solana #Base #Ethereum
– DogeVerse (@The_DogeVerse) May 6, 2024
The exciting multi-chain coin is currently available for pre-sale and has so far raised over $15 million.
Potential investors don’t have long to buy before the launch. Stay in touch with project developments X/Twitter And Telegram.
Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.