Top Crypto Gainers on DEXScreener Right Now: MPX6900, LOOPY, and MIHURA

Posted by cryptonews Crypto News Industry Talk October 10, 2024 1.3k Views

Top Crypto Gainers Today on DEXScreener / Source: Cryptonews

As major cryptocurrencies are underperforming in early Wednesday Asia trade, traders searching for today’s top cryptocurrencies are swarming the on-chain DEX markets in search of upside volatility.

In the DEX markets, it is not unusual for a new token to pump 20 or even 50 times in a single day.

For crypto degens, the possibility of rising from poverty to wealth is therefore a big allure.

However, they must keep in mind that DEX markets are extremely dangerous. The majority of recently released coins are frauds, rug pulls, or some variation of pump and dump schemes.

Before participating in a project, investors are strongly encouraged to conduct due diligence and to limit their risk to what they can afford to lose.

Traders often utilize tools such as DEXScreener to find trending coins and top crypto gainers.

Here are some big movers that they will likely be watching.

Top Crypto Gainers Today on DEXScreener

An Ethereum meme coin called Smiling Dolphin (MIHARU) is one of the top crypto gainers today, having risen nearly 7,000% in 24 hours as per DEXScreener.

The surge comes in wake of a full community takeover of the coin on Tuesday.

Investors are hoping that the adorable $5.5 million meme coin will follow in the footsteps of Moo Deng.

Still, MIHURA needs to improve a lot to catch up to Moo Deng. For now, its X following is just 729.

But that’s a good start. This is a meme coin to watch.

Elsewhere, a Sui meme coin called LOOPY (LOOPY) is another one of the top crypto gainers today, up over 400% in 24 hours per DEXScreener.

At last, LOOPY’s market capitalization was $9.4 million, with $5.8 million in trading activity in the previous day and $560,000 in liquidity.

Investors will be hoping LOOPY can be a market leader because sui meme coins have been performing well lately.

MEME (MPX6900) is the last name on the list of the top cryptocurrency gainers today that is noteworthy.

After rising 2,200% in just one day, the Solana meme coin now has a $1.2 million market capitalization and $5.2 million in trading volume.

As the original memecoin index, the meme coin promotes itself.

Better Alternative?

The top cryptocurrency gainers listed above all carry a high risk but have the potential to post sizable gains.

One of the biggest mistakes traders make is to neglect to conduct adequate due diligence in the midst of the rapid price action.

Presales for meme coins could be a better option because these high-potential projects give investors time to research their investments during the few weeks that the presales are open.

There is significantly less chance of FOMOing into making a poor investment choice.

As a starting point, readers can refer to Cryptonews’s list of the top meme coin presales.

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