{"id":70686,"date":"2023-10-09T17:30:06","date_gmt":"2023-10-09T21:30:06","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/biggest-crypto-gainers-today-on-dextools-vs-opoe-qlindo\/"},"modified":"2023-10-09T17:30:08","modified_gmt":"2023-10-09T21:30:08","slug":"biggest-crypto-gainers-today-on-dextools-vs-opoe-qlindo","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=70686","title":{"rendered":"Biggest Crypto Gainers Today on DEXTools \u2013 VS, OPOE, QLINDO"},"content":{"rendered":"
\n

A risk-off tone to macro trading conditions on Monday amid jitters regarding the escalating Israel\/Palestine is weighing on crypto prices.<\/p>\n

Bitcoin (BTC) was last down just over 1% in the mid-$27,000s, while Ether (ETH) was last down over 3% at $1,580.<\/p>\n

Ether is also suffering following an unexpected sale of $2.7 million worth of the token by the Ethereum Foundation on decentralized exchange Uniswap.<\/p>\n

ETH has now fallen decisively back from its 21 and 50DMAs and also snapped an uptrend that had been in play since early September, suggesting its near-term technical outlook has taken a turn for the worse.<\/p>\n

Bears will be watching for a potential break below support in the $1,550 area.<\/p>\n

Bitcoin, meanwhile, remains in its recent uptrend, keeping alive the prospect of a sustained move above $28,000 in the weeks ahead.<\/p>\n

The macro focus will shift from geopolitics to the US economy once again on Wednesday and Thursday, when US PPI and CPI inflation data is scheduled for release.<\/p>\n

US yields have been pulling lower on Monday amid a safe-haven bid, but hot inflation data could send them back towards multi-decade highs, which could be a headwind for crypto.<\/p>\n

With risks to the near-term outlook for blue chip cryptocurrencies high, traders will continue to turn to the highly illiquid shitcoin\/meme coin market in the hunt for profitable short-term investment opportunities.<\/p>\n

Here are some of the best-performing low-cap coins on Monday, as per DEXTools.<\/p>\n

Versus ($VS)<\/strong><\/h2>\n

A shitcoin called Versus ($VS) that was launched in late September has been pumping on Monday and was last up over 200% as per DEXTools.<\/p>\n

Its market cap was last around $430,000 amid 24 hour trading volumes of around $140,000, over 200 holders and over $140,000 in locked liquidity.<\/p>\n

The token has seven concerning aspects to it, as per DEXTools\u2019 security audit, including a hefty 5% buy tax and 6.41% sell tax.<\/p>\n

With this tax modifiable, investors should exercise great caution investing in this shitcoin, as it could easily turn out to be a scam.<\/p>\n

Only Possible On Ethereum ($OPOE)<\/strong><\/h2>\n

A shitcoin that was stealth launched as a meme coin in early October called Only Possible On Ethereum ($OPOE), which claims to be building a multi-chain bridge,\u00a0 has been pumping recently and was last up around 40% in the last 24 hours, as per DEXTools.<\/p>\n

The token last had a market cap of around $5.3 milllion, 24-hour trading volumes of around $240,000, close to 1,000 holders and around $240,000 in locked liquidity.<\/p>\n

$OPOE has six concerning aspects to its token contract, according to DEXTools\u2019 security audit, so investors should be careful when buying the token.<\/p>\n

Qlindo Realestate ($QLINDO)<\/strong><\/h2>\n

A token called $QLINDO that claims to be \u201cthe green real estate token\u201d has been pumping on Monday and was last up by around 40% in the last 24 hours, as per DEXTools.<\/p>\n

The token last had a market cap of around $22.55 million, with over 10,500 holders.<\/p>\n

But the recent rally has only been driven by around $15,000 in 24-hour trading volumes, suggesting it lacks conviction and could easily reverse.<\/p>\n

The token has fairly shallow liquidity compared to its market cap of only just over $100,000, suggesting it could remain volatile.<\/p>\n

The token has no concerning aspects to its token contract as per DEXTools\u2019 security audit, and it has a 100% upvote rating according to DEXTools\u2019 community trust score.<\/p>\n

Crypto Alternatives to Consider<\/strong><\/h2>\n

Shitcoins are very risky, given most have no real value proposition.<\/p>\n

For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.<\/p>\n

This is where investors buy the tokens of up-start crypto projects to help fund their development.<\/p>\n

These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.<\/p>\n

Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application\/platform.<\/p>\n

If an investor can identify such projects, the risk\/reward of their presale investment is very good.<\/p>\n

The team at Cryptonews spends a lot of time combing through presale projects to help investors out.<\/p>\n

Here is a list of 15 of what the project deems as the best crypto presales of 2023.<\/p>\n

See the 15 Cryptocurrencies<\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A risk-off tone to macro trading conditions on Monday amid jitters regarding the escalating Israel\/Palestine is weighing on crypto prices. Bitcoin (BTC) was last down just over 1% in the mid-$27,000s, while Ether (ETH) was last down over 3% at $1,580. Ether is also suffering following an unexpected sale of $2.7 million worth of the […]<\/p>\n","protected":false},"author":1,"featured_media":67945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-70686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"\nBiggest Crypto Gainers Today on DEXTools \u2013 VS, OPOE, QLINDO | iFintechWorld<\/title>\n<meta name=\"description\" content=\"A risk-off tone to macro trading conditions on Monday amid jitters regarding the escalating Israel\/Palestine is weighing on crypto prices.Bitcoin (BTC)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=70686\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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