- Floki led daily crypto gains, rising 20.32% with $590M in trading volume.
- Privacy coins Zcash and Dash surged over 10%, reflecting strong market activity.
- XRP and Chainlink extended momentum, supported by high institutional volumes.
Floki recorded the day’s strongest performance among crypto daily gainers, advancing 20.32% to reach $0.00008075. The meme token’s 24-hour trading volume exceeded $590 million, showing a rebound of retail and speculative activity. Market trackers attributed the increase to heightened liquidity inflows and social engagement within the meme coin sector, which often reacts rapidly to shifts in investor sentiment during volatile market periods.
Privacy-focused digital assets also reported major growth. Zcash (ZEC) rose by 14.35% to trade at $269.78, supported by over $634 million in volume. The token’s upswing coincided with renewed attention on decentralized privacy technologies and data protection in blockchain systems.
Source: CoinMarketCap
Similarly, Dash (DASH) climbed 10.52% to $48.59, generating more than $204 million in daily trades. Analysts observed that investors appeared to rotate capital into older blockchain networks with proven transaction infrastructures, as the broader market adjusted to recent volatility.
Chainlink and XRP Extend Positive Trend Among Daily Gainers
Chainlink (LINK) retained its upward momentum with an 8.35% gain, bringing its price to $18.84 on a trading volume exceeding $1.3 billion. The continued demand confirmed the token’s ongoing integration within decentralized finance (DeFi) ecosystems, where reliable data oracles play a crucial role in protocol functionality.
XRP advanced by 4.68% to $2.50, accompanied by $4.6 billion in earnings. The increase aligned with institutional trading activity linked to recent developments surrounding Ripple’s ecosystem and its expanding cross-border payment initiatives.
Broader Market Registers Modest Advances
Across the daily gainers, certain altcoins maintained moderate gains. Internet Computer (ICP) added 3.61% to trade at $3.20, while Hedera (HBAR) climbed 3.52% to $0.1768. Filecoin (FIL) rose 3.38% to $1.59, supported by consistent network activity.
Gold-backed PAX Gold (PAXG) advanced 3.13% to $4,370.05, reflecting steady interest in asset-backed digital tokens. Immutable (IMX) and IOTA (IOTA) each gained 2.90% and 2.86%, respectively, rounding out the day’s top performers.
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About the Author: Peter Mwangi
