Major cryptos are making a decent comeback on Friday, with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) rallying 2-5% per CoinMarketCap. Crypto degenerates continued to flock to the riskier on-chain DEX markets in their hunt for top crypto gainers today.
Risk appetite is buoyant after a bumper US jobs report earlier in the day eased recession fears.
However, most major cryptos are still down this week as tensions between Israel and Iran simmer.
Crypto degenerates looking for quick gains are thus likely to continue to DEX markets.
And they often turn to tools such as DEXScreener to find trending coins and top crypto gainers today.
Here are some new micro-cap coins they might be looking at.
Top Crypto Gainer Today on DEXScreener – Which Are They?
CSI888 (CSI)
A new Ethereum meme coin called CSI888 (CSI) has made an explosive move higher since launching earlier on Friday.
Per DEXScreener, CSI is up around 190,000% amid $5.4 million in trading volumes that has taken its market cap to $4.2 million.
The Chinese stock market-themed coin appears to get decent engagement early on.
But with just $225,000 in locked liquidity, its price could easily crash if whales choose to cash out.
First Dog to Buy Crypto (TOSHI)
A new Solana meme coin, First Dog to Buy Crypto (TOSHI), is another one of the top crypto gainers today, having pumped up nearly 14,000% in the past 24 hours.
It is true, I am the owner of the first Dog (Shiba Inu) to buy cryptocurrency (Dogecoin) from a Bitcoin ATM.
His name is $TOSHI @toshicryptodog (named after Satoshi Nakamoto) and I have had him since 2017.
His Sol addy:
81y4mKwWKSEfHrtjnBAduvrXisjrCjGCfvb1E9LBqqbF
Thread: pic.twitter.com/fRqqNaIWcw— SmileyGnome (@SmileyGnome) October 4, 2024
Per DEXScreener, its market cap was around $2.0 million last, with just under $190,000 in locked liquidity.
A DEXScreener audit doesn’t appear to reveal any concerning aspects of the token’s smart contract.
The token also appears to be getting good, organic social media engagement, and it has good emoji votes on DEXScreener, with 278 rocketship emojis to just 7 red flag emojis.
Even if it isn’t a scam, most new meme coins like this fail to retain any long-term relevance or value.
Traders must always remember the risk that they could quickly lose all that they invest in the DEX markets.
Sui Doge (DOGE)
A new Sui meme coin, Sui Doge (DOGE), is claiming to become a leading Sui meme coin.
Since its launch, DOGE has been up over 5,000%, reaching a market cap of $1.7 million, making it one of the top crypto gainers today.
A Quick Intel scan reveals nothing concerning Sui Doge’s smart contract.
Meanwhile, it also has a fairly solid emoji vote score on DEXScreener, suggesting it is popular amongst users.
Like the other top crypto gainers today mentioned in this list, it doesn’t appear to be a scam coin.
But you can never truly tell in the DEX markets.
Traders must never risk more than they can afford to lose.
Perhaps a better approach would be to invest in meme coin presales instead.
Presales normally run a few weeks, allowing investors more time to get to know a project before getting involved.
Here are some of Cryptonews.com’s favorite meme coin presales, per their analyst team.
19 Best New Meme Coins to Buy
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