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Top Crypto Gainers Today on Uniswap – SNAPCAT, PEPETA

today 11/04/2023
The top gainers in the cryptocurrency market on Uniswap today are SNAPCAT and PEPETA. Bitcoin is currently consolidating in the mid-$34,000s after a weaker-than-expected US jobs report caused a dump in bond yields and the US Dollar Index, and a pump in US stock prices. Despite the positive impact on crypto prices from weaker yields and stronger stock prices, Bitcoin is trading around 1.0% lower as profit-taking occurs following its recent rally. Optimism about the upcoming approval of spot Bitcoin ETFs and improving macro conditions are expected to keep any potential pullbacks shallow. In the altcoin market, Ether, XRP, and Cardano are slightly higher, while BNB, Solana, and Tron are slightly lower. In search of volatility, traders are turning to the highly illiquid shitcoin/meme coin markets. Two top-performing low-cap shitcoins are SNAPCAT and PEPETA, with both experiencing significant gains in the last 24 hours. However, investors should be cautious as these tokens have identified smart contract risks. For those seeking alternative high-risk, high-reward investment strategies, participating in crypto presales is recommended. These presales offer tokens of upstart crypto projects at a low price, with the potential for exponential gains. However, investing in crypto is a high-risk asset class, and careful consideration should be taken.
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