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- GMC surged 6,300% with a $310.3M market cap, driven by concentrated liquidity and high volatility.
- RMP mimics meme token success, up 46,400% with $215M cap, notable for rapid growth.
- BOOTY, inspired by Kim Kardashian, soared 23,400% with a $564.5M cap, attracting investor attention.
On days when the crypto market consolidates and Bitcoin (BTC) climbs in response to positive US economic data, big altcoins typically surge. In these circumstances, astute traders shift their attention to the day’s greatest crypto gains and use tools like DEXScreener to identify major movers in the on-chain market. Here are three of them.
Game Paint (GMC)
Game Cat (GMC) increased by 6,300% in the last 24 hours, according to DEXScreener. This token’s market capitalization has hit $310.3 million. Keith Gill impacted the popular GameStop stock, and the token appears to be following in his footsteps. However, traders should exercise extreme caution while dealing with this token.
The market capitalization swiftly surpassed $300 million, with only 529 investors and two liquidity providers controlling 99% of the supply, signaling extreme risk. With such concentrated liquidity, the volatility of this cryptocurrency can be extremely significant. You should evaluate the dangers before investing in this token.
Roaring Muscle Pepe (RMP)
Another new Solana meme coin, Roaring Muscle Pepe (RMP), is also gaining popularity. The new token is designed to emulate Pepe’s viral enthusiasm as well as Keith Gill, the American financial analyst and investor known as Roaring Kitty.
According to DEXScreener, the price of RMP has gained 46,400% since its inception, and it currently trades with a market capitalization of over $215 million and approximately $370,000 in locked liquidity. This token drew notice for its sudden and large price growth.
Kim Kardashian (BOOTY)
A new meme money named BOOTY on the Solana blockchain, credited to the well-known Kim Kardashian, is gaining popularity. DEXScreener reports that the new meme currency has increased by more than 23,400% since its inception.
The increase has raised its market capitalization to $564.5 million, and the coin now has roughly $67,000 in locked liquidity. This token has no smart contracts or observable Go+ security issues, but that does not mean it is authentic. BOOTY piqued the interest of numerous investors due to its rapid growth.
In the rapidly evolving crypto industry, tokens like GMC, RMP, and BOOTY exemplify the dynamic nature and potential for substantial gains. As they continue to attract attention and investment, their success underscores the innovation and opportunity within decentralized finance. Investors should stay vigilant amid the volatility, yet remain optimistic about the future developments and transformative potential of these emerging assets.