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Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave

19.02.2024
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Top Crypto Gainers Today on DEXTools

Bitcoin (BTC) is holding above $52,000 on Monday in wake of data revealing record weekly inflows into crypto investment products, but investors looking for quick near-term gains continue to scour micro-cap markets on the hunt for top crypto gainers today.

Crypto investment products saw inflows of just under $2.5 billion last week, as per a weekly blog post by CoinShares.

That’s the most ever and takes yearly inflows to $5.2 billion.

Bitcoin unsurprisingly accounts for the lion’s share of these inflows in wake of the January approval of spot Bitcoin ETFs.

But whilst inflows continue to support the Bitcoin price, making it potentially the best crypto to buy today, attention is turning to Ether (ETH), the second largest cryptocurrency by market capitalization.

While BTC is up around 7% in the last week, ETH is up close to 15% and above $2,900.

Various Ether-based spot ETFs are likely to gain approval this year, Bernstein argued on Monday.

That, combined with Ether’s deflationary tokenomics, staking yield dynamics and environmentally friendly design could make ETH the next “institutional darling”.

With Ether likely to push above $3,000 imminently, it could be another candidate for the best crypto to buy today.

While blue-chip cryptocurrencies can offer the prospect of strong near-term gains, micro-cap often see much faster gains.

Indeed, its not uncommon to see shitcoins and meme coins pumping 10x in one day in the on-chain markets.

That’s because these tokens have tiny market capitalizations and next to no liquidity, meaning a few large buy orders can power huge price pumps.

That being said, let’s take a look at some of the top crypto gainers today on DEXTools.

Top Crypto Gainers on DEXTools

PIXELS ($PIXELS)

A shitcoin called PIXELS ($PIXEL) has suddenly pumped up over 5,400% on Monday, as per DEXTools.

Since launching earlier today, $PIXEL has reached a market cap of just over $700,000.

The latest pump has been driven by decent trading volumes of around $2.4 million.

$PIXEL has around $310,000 in liquidity and 400 holders.

Traders should be very cautious of this coin, as its tax is modifiable, meaning it could easily be a scam.

The token’s smart contract also has another four concerning aspects to it.

BlueSHIB ($BlueSHIB)

A new Shiba Inu meme coin called BlueSHIB ($BlueSHIB) has pumped 470% pump on Thursday, as per DEXTools.

But its market cap remains tiny at just over $100,000.

Meanwhile, it also has tiny liquidity of around $95,000 and 385 holders.

While the token only has two smart contract alert, as per DEXTools’ smart contract audit, investors should exercise caution.

DeepFakeAI ($FakeAI)

The native token of Telegram-based DeepFake creation protocol DeeFakeAI ($FakeAI) has been pumping in the last few sessions.

As per DEXTools, the shitcoin was up 150% on Monday, making it one of the top crypto gainers today.

$FAKEAI’s market cap was last around $1.9 million, with just over $430,000 in locked liquidity.

It last had close to 1,500 holders and two smart contract alerts.

While it might be one of the top crypto gainers today, $FAKEAI has a 4% buy-and-sell tax.

So investors should tread with caution, as they would with any other shitcoin.

Shitcoin Alternatives to Consider

Shitcoins like those mentioned above can offer investors fast gains.

But more often than not, traders run into pitfalls in the shitcoin market.

Coins are nearly always pump-and-dumps, rug-pulls or some other type of scam.

An alternate strategy with a potentially better risk/reward is to get involved with crypto presales.

Presales allow pioneering projects to offer native tokens at early bird discounts before public listing sends prices soaring.

While presales carry hazards akin to startup investing, their potential rewards can be very attractive to prospective investors.

Investors are strongly advised to carry out their due diligence: evaluate teams, use cases, tokenomics, roadmaps, and partnerships before rolling the dice.

With so many different presale offerings out there, that can be a daunting task.

Luckily, the team at Cryptonews is doing their best to point investors in the right direction.

Here are 14 of their favorite projects:

See the 14 Presales of Cryptocurrencies

The post Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave appeared first on Cryptonews.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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