The historic best month of the year for cryptocurrency markets is here and traders are hunting top crypto gainers today in the DEX markets that might hand them quick gains.
Bitcoin (BTC) ended September in the mid-$63,000s, a 7.35% gain for the month, per TradingView.
That’s highly unusual, given September is normally one of the worst months of the year for Bitcoin.
Since 2014, Bitcoin has only finished September with gains three times and its average return has been -4.4%, per bitcoinmonthlyreturn.com.
October, meanwhile is another story. Since 2014, seven out o nine October’s have been positive.
Since Bitcoin’s inception, its average October monthly return has been 27%.
Some traders thus refer to the month as “Uptober”.
Uptober (UPTOBER) – One of the Top Crypto Gainers Today
In fact, one of the top crypto gainers today that has been getting attention is a new Solana meme coin called just that.
Per DEXScreener, Uptober (UPTOBER) has pumped up 3,000% in the past 24 hours, reaching a market cap of $1.8 million.
Much of these gains have come in the last few hours.
Any trader who bought UPTOBER right after its launch could have found themselves up as much as 30x.
This is a perfect example of the appeal of DEX markets.
Yes, most of these new tokens are worthless shitcoins.
But if they catch the zeitgeist, even momentarily (as UPTOBER appears to be doing), they can hand investors massive returns.
Here are two other top crypto gainers today in the DEX markets that traders will be watching.
Fish In Condom (FIC)
Another Solana shitcoin called Fish In Condom (FIC) is performing well at the start of the week.
FIC was last up around 1,100% in the past 24 hours, reaching a market cap of $1.5 million per DEXScreener.
The meme coin appears popular within the community of DEXScreener users, with 488 rocketship emoji votes to just 20 red flag votes.
But readers should be clear – that doesn’t mean it’s a safe investment.
Almost all newly launched meme coins are either scams or pump-and-dump schemes of some sort.
With just over $160,000 in liquidity, if a whale wanted to cash out, FIC could quick crash 90% or more.
NOTDOG (NOTDOG)
The final name on the top crypto gainers today list worth mentioning is NOTDOG (NOTDOG).
NOTDOG is up 160,000% since launching earlier on Monday, its market cap last at $2.7 million per DEXScreener.
This is not a $CATE
This is not a #MOODENG
This is not a $BRETT
This is $NOTDOGhttps://t.co/rib2czQASs
10M loadingpic.twitter.com/tFtMDWis6U
— Crypto General
(@DaCryptoGeneral) September 30, 2024
Like the other coins 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 instead invest in meme coin presales.
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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