Major cryptocurrencies saw a significant recovery on Friday, with Bitcoin, Ethereum, and Solana rising between 2-5%, according to CoinMarketCap. Enthusiasts continue to explore the riskier on-chain DEX markets in pursuit of top crypto gainers.
Investor sentiment was boosted by a strong US jobs report, which alleviated recession concerns. However, most leading cryptocurrencies remain down for the week due to ongoing tensions between Israel and Iran.
In search of quick profits, many traders are turning to DEX markets, utilizing tools like DEXScreener to discover trending coins and top gainers. Some newly popular micro-cap coins include:
**CSI888 (CSI)**: This new Ethereum meme coin has surged by around 190,000% since its launch earlier today, with trading volumes reaching $5.4 million and a market cap of $4.2 million. Despite early interest, with only $225,000 in locked liquidity, its price may rapidly decline if major investors decide to sell.
**First Dog to Buy Crypto (TOSHI)**: A new Solana meme coin has risen nearly 14,000% in the past day, with a market cap of approximately $2.0 million and $190,000 in locked liquidity. DEXScreener’s audit shows no alarming features in the token’s smart contract, and it is gaining organic engagement on social media.
**Sui Doge (DOGE)**: As a contender for top Sui meme coin, Sui Doge has increased by over 5,000%, achieving a market cap of $1.7 million. Quick Intel reports no issues with Sui Doge’s smart contract, and it enjoys favorable emoji votes on DEXScreener, indicating user popularity. Despite showing promise, traders should only invest amounts they can afford to lose, as risks in DEX markets are high.
Traders might consider investing in meme coin presales, which usually last a few weeks, giving investors more time to understand a project.
Twitter: Stay updated with the latest crypto trends and insights by following #DEXMarkets #MemeCoins.
