Blue-Chip Cryptocurrencies Pumping Amidst Binance Drama: A Roller Coaster Ride!

Today's Biggest Cryptocurrency Gainers According to DEXTools PEPEPE, CZ, SNAPCAT

Top Crypto Gainers Today on DEXTools – PEPEPE, CZ, SNAPCAT!

So, here’s the deal, folks! Brace yourselves for a wild ride in the crypto market. It all started with a bang when news broke on Tuesday about Binance, the titan of all cryptocurrency exchanges, reaching settlement deals with the US Department of Justice and Commodity Futures Trading Commission (CFTC) by paying an insane $7 billion in fines. Boy, did that news throw Bitcoin (BTC) for a loop! The poor thing temporarily hit rock bottom, stumbling into the low $35,700s. But fear not, my fellow investors, the market showed resilience, and Bitcoin bounced back like a champ, surging around 4.5% on Wednesday.

Now, let’s break this down like a game of Crypto Clue. First off, despite the Binance drama, users aren’t flocking to withdraw their crypto from the platform. Why? Well, it seems like Binance still has some tricks up its sleeve, with reserves that could make Scrooge McDuck jealous. And here’s the best part: this settlement drama increases the chances of the SEC approving spot Bitcoin ETFs in the near future. Cha-ching!

But wait, there’s more! Take a deep breath and feel the relief as JP Morgan assures us that the Binance settlement removes “systemic risk” from the crypto market. Phew, crisis averted! Bitcoin dusted off its worries, swung nearly $2,000 higher, and is now trading in the $37,600s. Bulls are eyeing a break to the north of resistance around $38,000. The market sentiment is strong, my friends!

Now, let’s talk about our unconventional heroes, the low-market capitalization shitcoins. Ah, the thrill of hunting for quick exponential profits! Risk-seeking traders, listen up, because the shitcoin and meme coin markets are calling your names. But beware, my adventurous investors, tread carefully in this treacherous land.

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Enter DEXTools, the treasure map of the shitcoin market. Here are some of the top performers that have caught our attention:

PEPEPE (PEPEPE)Moveaside, Dogecoin, becausewehaveanewshitcoinsuperstarintown.IntroducingPEPEPE(PEPEPE), the little coin that could. It pumped an astonishing 33,000% since its launch earlier today. Yes, you read that right. This little gem currently has a market cap of around $3.3 million and liquidity of under $200,000. But hold your horses! The DEXTools’ community trust score gives it a 75% downvote rating, smelling something fishy. And guess what? The price surge was driven by a mere $215,000 in trading volumes. Talk about a wild ride!

Changpeng Zhao ($CZ)

Next up, we have a shitcoin named after none other than the ex-Binance CEO, Changpeng Zhao. Ever since the historic $7 billion legal settlement, this coin, cheekily named $CZ, has been on a tear, soaring another 2,200% today. With a market cap around $8.7 million and over 2,350 holders, this firecracker isn’t messing around. However, the smart contract has a couple of hiccups, so proceed with caution!

snapcat (SNAPCAT)Lastbutnotleast, wehavesnapcat(SNAPCAT), a shitcoin that has seen a jaw-dropping 2,600% rise in the past 24 hours. Impressive, right? But don’t let the numbers fool you. With a market cap around $8 million and liquidity of approximately $314,000, this coin’s low trading volumes suggest volatility is lurking around the corner. And here’s something to ponder: DEXTools’ security audit has identified three concerning aspects in its smart contract. So, be on your guard!

Now, my brave investors, remember that shitcoins come with high risk and high potential returns. But if you’re looking for a different path to near-term gains, let me introduce you to the world of crypto presales. These wild rides involve investing in the tokens of upstart crypto projects to fuel their development. The golden rule: these tokens are sold cheap, but they have the potential to skyrocket, delivering astronomical gains to early believers. Cryptonews has done the hard work for you, discovering presale gems that could make your portfolio shine.

But bear in mind, folks, crypto is a high-risk asset class. This article provides informational purposes only and should not be considered investment advice. By the way, if you enjoy living life on the edge, feel free to check out the affiliate links within our content. We may receive commissions that’ll keep our adrenaline pumping!

So, are you ready to embark on this roller coaster crypto journey? Buckle up, enjoy the ride, and remember to wave your hands in the air like you just don’t care!

And remember, folks, if anyone tries selling you “Moon Tickets,” just tell them you’re only buying if Elon Musk is the pilot!

Stay adventurous, stay crypto!

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilize affiliate links within our content and receive commission.

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