Bitcoin surged over 5.40% in the past 24 hours, breaking above the $89K mark, with its price rally still largely driven by last week’s presidential election victory of Donald Trump.
Trading at $85,500, Bitcoin’s momentum has sparked speculation on prediction platform Polymarket, where many now believe Bitcoin could reach $100K before year’s end.
This bullish sentiment is fueling optimism among investors and crypto enthusiasts.
As BTC’s uptrend continues, asset managers like Bernstein encourage investors to consider adding Bitcoin to their portfolios to capitalize on the potential for further gains.
Bitcoin’s rapid ascent has also pushed the overall crypto market cap to $2.89 trillion, an increase of 4.3% in the last 24 hours, while the Fear and Greed Index signals extreme greed in the market, highlighting the strong bullish sentiment driving these price gains.
Ethereum, following Bitcoin’s lead, has broken past its $3K resistance level and is trading at $3,222 as of writing, with other altcoins showing steady momentum.
Following Bitcoin’s impressive surge, several other cryptocurrencies are also making notable gains, including $MAGA, $TOME, and $SGUN.
Top Crypto Gainer Today on DEXTools – Which Are They?
$MAGA: Memecoin Surge Following Trump’s Victory
$MAGA is a memecoin on the TON blockchain that has generated massive hype, largely due to its association with President-elect Donald Trump’s campaign slogan, MAGA (Make America Great Again).
Launched on November 5, the same day as the U.S. presidential election, $MAGA saw explosive price gains following Trump’s victory.
As of today, seven days after Trump’s historic win, $MAGA is trading at $0.0₁₂5999, marking a rise of 638,138% in just 24 hours, making it one of the top crypto gainers today.
Source: DEXTools / MAGAUSDThe token has achieved impressive liquidity, with $16.6M available, though its market cap remains relatively low at $0.3162.
The trading volume is minimal at $48.59, and there are currently 546 holders of the token.
Despite its popularity, $MAGA lacks true utility and is primarily driven by the hype surrounding Trump’s political movement.
Traders are advised to conduct thorough research before investing, as the volatility of the crypto market can result in unpredictable price movements.
$TOME: Explosive Growth Fueled by Solana Launch and Memecoin Hype
$TOME embraces the concept of “terminal wars,” featuring war tanks, laser weapons, tech machinery, and the iconic frog meme popularized by $PEPE as its central character.
Launched on Solana less than 21 hours ago, $TOME is already trading at $0.00034, showing a growth of 29,359% in the past 24 hours, making it one of the top crypto gainers today.
Source: DEXTools / TOMEUSDThe token has made a strong debut with a market cap of $326.92K and liquidity of $48.2K.
$TOME is currently held by 1,900 holders and has seen an impressive 24-hour trading volume of $5.91M.
Many holders believe $TOME could be the next memecoin to take the crypto market by storm, much like $PEPE did.
However, like most memecoins, $TOME offers no intrinsic utility, and its price surge is driven mainly by the hype surrounding futuristic “terminal wars” and the viral frog meme.
While traders seeking quick gains may be drawn to this memecoin, conducting thorough research before investing is crucial, as the crypto market is highly volatile.
$SGUN: Rising Fast on the Strength of Solana-Based Trading Bot
$SGUN is a memecoin tied to StrawberryGun, a trading bot designed for the Solana network, offering a unique and “juicy” advantage for traders.
According to its website, StrawberryGun provides tools for quickly sniping new liquidity, copying successful traders, and setting precise limit orders, all aimed at optimizing the trading experience on Solana.
Launched on the Solana network 15 hours ago, $SGUN has already rose by 6,898% in the past 24 hours, trading at $0.0088. Its rapid growth has driven an impressive $26 million in trading volume over the same period, along with a market cap of $9.22 million and liquidity of $391K.
Source: DEXTools / SGUNUSDUnlike most memecoins, which often lack any real-world function, $SGUN claims to break the mold by offering actual utility through its Solana-based trading bot.
This bot is promoted as a main factor in driving the token’s current price surge and its future growth potential.
As one of the top crypto gainers right now, $SGUN is drawing attention as an affordable memecoin with the potential for significant returns.
Despite these advantages, investors are advised to approach $SGUN cautiously, taking the time to research its utility and market potential before investing.
The crypto market can be highly unpredictable, and speculative assets like $SGUN can be particularly volatile.
Crypto Alternatives to Consider
Altcoins trading on DEXTools continue to show explosive growth, largely driven by asserted utility, hype, and speculative trading.
As seen with today’s top crypto gainers, some altcoins offer investors the opportunity for substantial returns.
However, these markets are highly volatile and often come with significant risks due to the lack of intrinsic value in many of these assets.
For investors looking to minimize risks, presales of up-and-coming altcoins can offer a more secure entry point.
These presales provide low-cost coins that often see substantial gains upon listing.
We’ve compiled a list of well-researched presale options to help investors get started.
15 Best Crypto Presales to Invest in Now
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