Today’s leading cryptocurrency gainers on DEXScreener –

With bullish momentum returning to the cryptocurrency market on Monday and Bitcoin (BTC) poised for a potential retest of its all-time highs, traders seeking quick gains are gravitating towards on-chain micro-cap markets in search of today’s top cryptocurrency gainers.

Blue-chip cryptocurrency markets are experiencing notable surges on Monday, with Bitcoin witnessing a more than 2% increase and trading above $71,500. Meanwhile, Ether (ETH) has surged nearly 8% over the past 24 hours, reaching the mid-$3,600 range according to CoinMarketCap.

The surge in prices of major cryptocurrencies often triggers increased risk-taking activity in on-chain microcaps. This is because investors holding blue-chip cryptocurrencies suddenly have additional capital to allocate, leading them to explore opportunities in on-chain markets.

On-chain markets refer to the market for digital assets that are directly issued on top of an existing blockchain. For instance, the Shiba Inu (SHIB) token operates on the Ethereum blockchain as an ERC-20 token.

These tokens are tradable on decentralized exchanges (DEX) and potentially on centralized exchanges if they gain significant traction.

They are commonly known as meme coin or shitcoin markets, and virtually anyone can create a token at any given moment.

Consequently, these on-chain markets are rife with scams and pump-and-dump schemes.

However, shitcoin markets are the primary venues where tokens capable of rallying 50-100x are found.

Here are some of today’s top cryptocurrency gainers on Ethereum that traders will be observing, as reported by DEXScreener.

Today’s leading cryptocurrency performers


On Monday, a newly introduced cryptocurrency named TNSR (TNSR) has experienced a significant surge in value.

According to data from DEXScreener, TNSR has surged by over 1,000,000% since its inception. Additionally, it boasts $1.2 million in locked liquidity. Despite these impressive figures, its market capitalization remains relatively small, standing at $117,000.

However, it’s crucial for traders to exercise caution and not be swayed solely by these remarkable numbers, as there is a possibility that the token may be associated with fraudulent activities.

A smart contract audit conducted by Go+ Security has unveiled concerning details about TNSR. The audit has revealed that the token’s smart contract allows for minting, and the issuer retains the ability to modify balances. Such findings raise red flags and suggest that the token may be susceptible to rug pulls, wherein the issuer abruptly withdraws liquidity, causing significant losses for investors.

Given the inherent risks associated with on-chain markets, traders are strongly advised to conduct thorough due diligence before engaging in transactions. Vigilance and careful assessment of potential risks are paramount when navigating these highly speculative markets.

Notifi AI (NOAI)

The recently launched decentralized communication protocol, Notifi AI (AI), has experienced a remarkable surge of 656% since its introduction on Monday.

According to data from DEXScreener, the token currently boasts a market capitalization of $290,000. Additionally, it holds $201,000 in unlocked liquidity, potentially raising concerns about its susceptibility to rug pulls.

Despite the absence of apparent red flags in Notifi AI’s smart contract, as indicated by a review conducted by Go+ Security, investors are cautioned against interpreting this as a green light for investment. It’s important to note that even in the absence of glaring issues, investing in such projects carries inherent risks.

The phrase “DYOR” (Do Your Own Research) serves as a reminder for investors to thoroughly assess the merits and risks associated with any investment opportunity before committing funds. While the absence of concerning aspects in Notifi AI’s contract is a positive indication, prudent investors should conduct their due diligence and exercise caution when considering investments in highly volatile and speculative markets like decentralized communication protocols.

Cloverswap (CLOVER)

Cloverswap (CLOVER), a recently introduced decentralized trading token, has witnessed an impressive surge of 400% since its launch just this Monday.

According to data from DEXScreener, Cloverswap currently boasts a market capitalization of $376,000, with liquidity amounting to $325,000. These figures underscore the substantial interest and investment pouring into this newly launched token within a short span of time.

Despite the absence of apparent issues in its smart contract, as confirmed by a review conducted by Go+ Security, it’s important to recognize that investing in projects like Cloverswap carries inherent risks. While the lack of identified issues may appear reassuring, it’s crucial to acknowledge that no investment in the on-chain markets is entirely devoid of risk.

The phrase “low-cap gem” is often used to describe newly launched tokens with promising potential for significant returns. However, it’s essential for investors to approach such opportunities with caution and conduct thorough due diligence. While Cloverswap may indeed present an intriguing investment opportunity, prudent investors should be mindful of the inherent volatility and uncertainty associated with investments in the cryptocurrency space.

In summary, while Cloverswap’s performance since its launch is undoubtedly impressive, investors should exercise diligence, weigh the associated risks, and make informed decisions when considering investments in the on-chain markets.

Considerations for Crypto Alternatives

Investing in low-cap shitcoins entails a significant level of risk, as these projects often lack credibility and transparency. Despite their seemingly innocent appearance, many of these projects turn out to be scams, leaving investors with substantial losses. Additionally, the illiquidity of these tokens makes them susceptible to drastic price fluctuations, with a few large sell orders capable of driving prices down by as much as 80%.

While investing in low-cap shitcoins remains a high-risk strategy, some investors opt for a potentially more rewarding approach through participation in crypto presales. In this strategy, investors have the opportunity to acquire tokens of promising crypto projects at a discounted early price before they are publicly available for trading.

The concept behind crypto presales is that investors provide capital to nascent projects with high growth potential. These funds are then utilized by the projects for various purposes, including protocol development and marketing efforts. Although investing in crypto presales carries its own set of risks, including the possibility of unforeseen challenges derailing the project’s progress, savvy investors often capitalize on substantial gains, sometimes reaching 10x or more.

See The Top Cryptocurrency Picks for April 4th


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