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Wednesday's strong trend in cryptocurrency markets is still present. DEX markets are overflowing with activity as traders hurry to find today's top cryptocurrency gainers. Bitcoin (BTC) is playing with a long-term push into the $68,000s, and a retest of $70,000 is probably coming.
However, the most prominent cryptocurrency gainers in the DEX markets right now are seeing more significant movements. Since newly released DEX tokens usually have very limited liquidity, even a modest amount of buy or sell pressure can cause significant price swings.
Top Crypto Gainers Today
These markets are, therefore, extremely dangerous; while 100x gains are possible, 100% losses are much more likely. Traders frequently use tools like DEXScreener to identify trending coins.
Here are some top crypto gainers today, according to DEXScreener:
DOGAI
The new Solana meme coin DOGAI has risen an incredible 220,000%, according to DEXScreener.
It says that it is the first meme coin dog powered by AI. At the time, its market value was approximately $1.1 million, and its locked liquidity was approximately $96,000.
However, DOGAI has declined mainly from its previous peak, when its market value exceeded $4 million. A spectacular comeback could be on the way, or the hype might already be dead. Before getting involved, traders need to conduct their own research.
ROGER and BRIAN
Other notable names on today's list of top cryptocurrency gainers are Ethereum meme coins Brian Griffin (BRIAN) and Roger (ROGER).
According to DEXScreener, ROGER's market capitalization peak is $3.5 million, up 110,000% in a single day.
In contrast, BRIAN is up about 34,000%, with a market value of about $900,000.
BRIAN is the better option here, even though its performance isn't quite as good. Since Roger received 58 red flag emoji votes compared to only 65 rocket ship emoji votes, he has a low community trust score.
On the other hand, BRIAN indicates a far stronger community, with almost 4,000 rocket emoji votes compared to just 17 red flags.
Better Alternative
Participating in meme coin presales may be a better option for investing in small-cap meme currencies than the top cryptocurrency gainers of the day mentioned above.
Presales typically take a few weeks, which allows investors many chances to learn more about a project before investing.
