DEXTools Digest Crypto Kitties, Saturn, and Pepe the Frog Take Over the Day

Attention, digital asset investors! Get ready for some exciting updates from the crypto world. We have blue-chip cryptocurrencies like Bitcoin (BTC), Ether (ETH), XRP (XRP), and BNB (BNB) engaging in a consolidating dance on Tuesday. It’s almost like they’re taking stock of their recent gains, eagerly awaiting the comments of Fed policymakers later this week. But that’s not all!

While these crypto giants are doing their thing, US stocks are pushing up, and US government bond yields are trying to reverse the crazy ride they’ve been on. It looks like the macro scene will continue to be a tailwind for the crypto market. So, fasten your seatbelts and get ready for the ride of a lifetime!

Bitcoin is lazily trading just above $35,000, not doing much to impress anyone. Ether, on the other hand, is about to pump higher and test the year-to-date highs in the $2,100s. It’s like watching a superhero about to break free from a key downtrend. And guess what? Ethereum’s recent surge in network activity has made the Ether supply deflationary once again. Talk about a power move, right?

But hold on to your hats, because Solana (SOL) and Toncoin (TON) are pumping like there’s no tomorrow, securing their positions as the best two-performing coins in the top 20 by market capitalization. Talk about riding the crypto wave with style!

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Now, let’s talk about the real stars of the show: the highly illiquid shitcoins and meme coins! These little troublemakers know how to make a splash. According to DEXTools, here are some of the biggest movers that will make you question everything you thought you knew about investing:

Snapcat ($SNAPCAT): Brace yourselves, because this GameFi token is skyrocketing, rising almost 250% in the past 24 hours. With a market cap over $5 million and 24-hour trading volumes close to $500,000, Snapcat is making moves. But beware, traders, there’s a concerning aspect to its smart contract, so hold on tight and keep your eyes open for any rug pull shenanigans.

Satoshis Vision ($SATS): Don’t let the name fool you; this shitcoin means business. Claiming to be the decentralized future of peer-to-peer electronic cash, Satoshis Vision has been gaining momentum in recent weeks. With a 240% surge in the last 24 hours and over $350,000 in trading volumes, this token is making its mark. But be cautious, folks. The community downrating is around 60%, so trust levels might be lower than a worm’s belly.

Pepegoku ($PEPEGO): Ah, a classic shitcoin name. Launched just earlier today, Pepegoku is already up more than 200%, with trading volumes exceeding $1 million. It’s like witnessing a rocket launch right before your eyes. With a market cap around $600,000, liquidity of nearly $440,000, and just over 200 holders, this little coin is doing surprisingly well for its debut. But remember, the smart-contract has only one undefined issue, so proceed with caution, fellow investors.

Now, let’s talk about alternatives. Shitcoins offer the thrill of potential huge returns, but they come with risks that might make your heart race faster than a cheetah chasing its next meal. If you’re looking for a different high-risk, high-reward investment strategy, consider crypto presales!

Crypto presales are like getting in on the ground floor of a roller coaster ride. You buy tokens of upstart crypto projects, helping to fund their development. These tokens are usually sold at a bargain, and history has shown that early investors can enjoy massive gains. It’s like stumbling upon a treasure chest hidden in the vast ocean of cryptocurrencies.

Of course, there are risks involved. Investing in presales requires careful consideration and research. But don’t worry! The team at Cryptonews has your back. They spend countless hours exploring presale projects to find the gems worth considering. So, take a look at their list of the 15 best crypto presales of 2023 and unleash your inner adventurer!

And remember, dear readers, crypto is a high-risk asset class. So, as exhilarating as the potential rewards might be, always approach with caution. Keep your eyes open, study the market, and be aware that you could lose all of your capital. Now, go forth and conquer the crypto world!

P.S. Have you tried swinging from a crypto vine yet? Let us know in the comments below!

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. We are not responsible for any financial gain, loss, or superhero powers obtained from following the suggestions in this article. Stay witty and invest responsibly!

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