Blue chip cryptocurrencies are mixed, with Bitcoin (BTC) flat just above $27,500 and Ether (ETH) about 1% lower, having recently slipped under $1,650.
Traders are still monitoring the broader macro picture after strong US data on Monday and Tuesday pertaining to the manufacturing sector and labor market sent long-dated US yields to fresh multi-decade highs.
That spike in yields, which saw the US 10-year hit its highest since 2007 near 4.9%, has largely put a halt to what had been a promising start to the month for Bitcoin, which briefly rallied as high as the $28,600s on Monday.
However, Bitcoin remains up on the month, with the latest US jobs data from payroll firm ADP showing monthly private sector job gains at their weakest since 2020, muddying the picture regarding the health of the US labor market slightly.
Friday’s official jobs report will clarify things, but if it also shows job gains at their weakest since 2020, that would probably underpin cryptocurrencies like Bitcoin, as it would probably trigger a reversal lower in yields.
Ahead of Friday’s data, things are set to be quiet in broader macro and crypto markets.
That means traders will continue turning to the shitcoin/meme coin market in the hunt for volatility and short-term gains.
Here are some of the top-performing low-cap coins as per DEXTools.
Big DOGE ($BDOGE)
A new Dogecoin copycat shitcoin called Big DOGE ($BDOGE) that launched on Tuesday has seen a solid pump in the last two days.
As per DEXTools, it was last up more than 400% in the last 24 hours, making it the best-performing shitcoin.
Its market cap was last just below $400,000, with around $100,000 in liquidity, around 350 holders and 24 hour trading volumes of $1.8 million.
The token’s contract only has one alert, as per DEXTools’ security audit, but unlocked liquidity means it could still be a scam.
The price action is also concerning, with having pulled lower by over 90% versus its earlier session highs in the $0.05 area (it was last trading just under $0.004).
BoltBot ($BOLT)
A coin called BoltBot ($BOLT) that is the native token for a “lightning fast” Telegram trading bot has pumped in the last 24 hours, gaining 120% as per DEXTools.
That’s a decent rally, but has only been driven by trading volumes of around $25,000 in the last 24 hours, suggesting the move higher lacks conviction and market liquidity remains very weak.
$BOLT last had a market cap of around $200,000, locked liquidity of around $70,000, over 1,250 holders.
The token has a 5% buy-and-sell tax, as well as an anti-whale mechanism, so investors should be careful.
Gold Fever ($NGL)
The native token of a crypto game called Gold Fever, $NGL, has seen a healthy 75% pump from the record lows it hit earlier this week.
$NGL has seen a huge decline from the all-time highs it hit in late 2021 around $12 per token, and was last around $0.023.
But it has still been able to cling on to a market cap of around $4 million, with over 1,700 holders, around $70,000 in liquidity and around $65,000 in 24-hour trading volumes.
Whether this is the start of a longer-term recovery remains to be seen.
Crypto Alternatives to Consider
Shitcoins are very risky, given most have no real value proposition.
For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of up-start crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
DEXTools 標誌 / 來源:DEXTools Twitter 藍籌加密貨幣漲跌互現,比特幣 (BTC) 持平於 27,500 美元上方,以太幣 (ETH) 下跌約 1%,最近跌破 1,650 美元。週一和週二有關製造業和勞動力市場的數據將美國長期公債殖利率推至數十年來的新高。美國10年期公債殖利率飆升至2007年以來的最高點近4.9%,但目前已基本停止。比特幣本月迎來了一個充滿希望的開局,週一短暫上漲至28,600 美元。不過,本月比特幣仍然上漲,來自薪資公司ADP 的最新美國就業數據顯示私營部門就業崗位月度增長週五的官方就業報告將澄清事實,但如果它也顯示就業成長處於2020 年以來最弱的水平,這可能會支撐比特幣等加密貨幣,因為它可能會引發收益率逆轉走低。在周五的數據公佈之前,更廣泛的宏觀和加密貨幣市場將保持安靜。這意味著交易者將繼續轉向垃圾幣/模因幣市場,以尋求波動性和短期收益以下是根據 DEXTools 的一些表現最好的低市值代幣。Beat DOGE ($BDOGE) 一種新的狗狗幣山寨幣,名為Big DOGE ($BDOGE),於週二推出,在過去兩天裡出現了強勁的上漲。根據DEXTools 的數據,它在過去24 小時內上漲了400% 以上,成為表現最好的垃圾幣。其市值最近略低於40 萬美元,流動性約為10 萬美元,持有者約為350 名,24 小時交易量為180 萬美元。根據DEXTools 的安全審計,該代幣的合約只有一個警報,但未鎖定的流動性意味著它仍然可能是一個騙局。價格走勢也令人擔憂,與2019 年早些時候的交易高點相比,已經下跌了90% 以上。0.05 美元區域(最後交易價格略低於0.004 美元)。BoltBot ($BOLT) 一種名為BoltBot ($BOLT) 的代幣,它是「閃電般快速」的Telegram 交易機器人的原生代幣,在過去24 小時內上漲了120根據DEXTools 的數據,這是一次不錯的反彈,但僅受到過去24 小時內25,000 美元左右交易量的推動,表明上漲缺乏說服力,市場流動性仍然非常疲軟。$BOLT 最近的市值約為20 萬美元,鎖定流動性約 7 萬美元,持有者超過 1,250 名。該代幣有 5% 的買賣稅,以及反鯨魚機制,因此投資者應小心。Gold Fever ($NGL) 的原生代幣名為 Gold Fever 的加密遊戲$NGL 較本週早些時候觸及的歷史低點健康上漲了75%。$NGL 較2021 年末觸及的歷史高點大幅下跌,約為每枚代幣12 美元,並且最後價格約為0.023 美元。但它仍然能夠保持在400 萬美元左右的市值,擁有超過1,700 名持有者,流動性約為70,000 美元,24 小時交易量約為65,000 美元。這是否是更長期的開始長期復甦仍有待觀察。考慮到大多數加密貨幣沒有真正的價值主張,考慮垃圾幣的加密替代品風險很大。對於那些尋求更好的短期收益可能性的人來說,可以選擇另一種高風險高回報的投資策略考慮參與加密預售。這是投資者購買新興加密項目代幣以幫助其發展的地方。這些代幣幾乎總是以低廉的價格出售,預售的悠久歷史為早期投資者帶來了巨大的指數收益。其中許多項目背後都有出色的團隊,並且擁有提供革命性加密應用程序/平台的偉大願景。如果投資者能夠識別此類項目,那麼其預售投資的風險/回報非常好.Cryptonews 的團隊花費了大量資金時間梳理預售項目以幫助投資者擺脫困境。這裡列出了該項目認為的2023 年最佳加密貨幣預售的15 個項目。請參閱15 個加密貨幣免責聲明:加密貨幣是一種高風險資產類別。本文僅供參考,不構成投資建議。您可能會損失所有資本。
]]>]]>