Biggest Crypto Gainers Today on Uniswap
Today, the biggest crypto gainers on Uniswap are XTP, DOGE-1, and BARL. This comes as the broader cryptocurrency market experiences a rally, with Bitcoin pushing back above $43,000.
Grayscale Bitcoin Trust Outflows
The Grayscale Bitcoin Trust (GBTC) saw its lowest daily outflow since converting into an ETF earlier this month. On Monday, it shed just over 6,000 BTC due to profit-taking.
Optimism and Market Performance
Optimism about Google potentially approving crypto ETF ads and the strong performance of the US stock market are contributing to the market rally.
Daily Gains in Major Cryptocurrencies
Ether (ETH), Solana (SOL), XRP (XRP), and Cardano (ADA) are also experiencing positive gains in the past 24 hours.
Low-Cap Crypto Market Gains
The low-cap crypto market is witnessing significant gains due to its low liquidity. Relatively small buy pressure can result in fast exponential gains in these markets.
Satellite Doge 1 Mission ($DOGE-1)
A meme coin called Satellite Doge 1 Mission ($DOGE-1) is up 70% on Monday. It is close to breaking its late December all-time highs and has a market cap of over $10 million.
Barley Finance ($BARL)
Volatility farming protocol Barley Finance ($BARL) pumped nearly 40% on Monday. It has a market cap of around $2.3 million and no identified smart contract issues.
Cellframe ($CELL)
Cellframe ($CELL), a cross-chain transfer focused layer-1 blockchain protocol, pumped nearly 60% on Monday. It has a market cap of over $10 million and liquidity of around $275,000.
Crypto Alternatives to Consider
For those looking for potential near-term gains, participating in crypto presales can be a high-risk, high-reward investment strategy. These presales often deliver exponential gains to early investors. However, it is important to conduct due diligence and identify projects with great teams and visions. Cryptonews provides a list of the best crypto presales of 2023 to help investors navigate this space.
Hot Take: Crypto Gainers on Uniswap
Today’s biggest gainers on Uniswap are XTP, DOGE-1, and BARL. The broader cryptocurrency market is experiencing a rally, driven by factors such as waning pessimism about Bitcoin ETF approval and the strong performance of the US stock market. While major cryptocurrencies are also seeing gains, the low-cap crypto market is witnessing significant growth due to its low liquidity. In this market, small buy pressure can result in fast exponential gains. Meme coin Satellite Doge 1 Mission ($DOGE-1), volatility farming protocol Barley Finance ($BARL), and cross-chain transfer focused protocol Cellframe ($CELL) are among the top gainers on Uniswap today. For those seeking alternative investment strategies, participating in crypto presales can offer high-risk, high-reward opportunities.
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