Biggest Crypto Gainers Today on DEXTools – POGEX, XMoon, DARK

Crypto News
Crypto News

19 Sep 2023 11:03 PM

With blue chip crypto markets in wait-and-see mode ahead of Wednesday's key Fed interest rate decision, here are some of the top-performing low-cap coins as per DEXTools....

  • Blue chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are experiencing mixed to modestly positive market conditions ahead of the US Federal Reserve's interest rate decision.
  • BTC is up around 1.5% in the last 24 hours, finding support above its 21-day moving average (DMA) at $26,200.
  • ETH is trading just under $1,650 and has broken above its 21DMA, indicating a potential positive shift in momentum.
  • Despite negative news about ETH founder Vitalik Buterin and major whales sending $60 million worth of holdings to exchanges, ETH remains relatively unaffected, possibly due to Grayscale's application for a new Ether Futures ETF.
  • However, ETH has fallen to its lowest level against BTC in over 14 months.
  • Traders are turning to meme coin markets for volatility opportunities, with PogeX ($POGEX) rallying nearly 500% and XMoon increasing by close to 300%.
  • Dark Forest ($DARK), an older meme coin, is attempting a comeback, with a 150% increase in the last 24 hours.

Overall, the sentiment in the article is mixed. The market conditions for blue chip cryptocurrencies are described as modestly positive, but there are concerns about ETH's performance against BTC and the risks associated with meme coins.

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