Market Report: Top 5 Cryptocurrency Gainers on January 8, 2026, led by MYX Finance

GateNewsBot
MYX-5,87%
CC-1,33%
LIT4,48%
POL0,05%

Gate News Bot Message, January 8, 2026. According to CoinMarketCap market data, the cryptocurrency market remains active, with DeFi sector enthusiasm undiminished. Multiple projects have seen price increases driven by ecosystem benefits and technological upgrades. The following are the top five performers in the past 24 hours:

1️⃣ MYX (MYX Finance) 📈 Current Price: $5.26 | Change: +7.65% 📊 24H High/Low: $5.48 / $4.76 | Market Cap: $1.325 billion 💡 MYX Finance V2 version is about to launch, with key upgrades such as “instant perpetual contract market” expected to boost performance. On-chain data shows OBV rising in sync with price, with continuous capital inflows supporting price increases, indicating a healthier upward trend.

2️⃣ CC (Canton) 📈 Current Price: $0.14 | Change: +4.03% 📊 24H High/Low: $0.14 / $0.13 | Market Cap: $5.262 billion 💡 Nasdaq has officially become a super validator for Canton Network, gaining the highest weight of 10 super validators. Meanwhile, Lloyds Banking Group in the UK completed its first tokenized deposit purchase of government bonds, demonstrating Canton’s potential in traditional financial digitization.

3️⃣ LIT (Lighter) 📈 Current Price: $3.10 | Change: +2.71% 📊 24H High/Low: $3.14 / $2.81 | Market Cap: $776 million 💡 The Lighter protocol’s buyback mechanism has officially started, with approximately 180,000 LIT repurchased so far. Large whales continue to increase their holdings, with multiple institutional addresses depositing large amounts of USDC to build positions in LIT. Market participation has significantly increased, with spot and derivatives trading volumes surging.

4️⃣ POL (Polygon) 📈 Current Price: $0.12 | Change: +2.68% 📊 24H High/Low: $0.13 / $0.12 | Market Cap: $1.365 billion 💡 Polygon PoS network’s daily token burn volume hit a new high, with 3 million POL tokens burned within 24 hours, creating a deflationary outlook. The Polygon Foundation CEO predicts 2026 will be the year of POL revival. Currently, 3.6 billion POL are staked, with stakers earning an annualized reward of 1.5%.

5️⃣ CHZ (Chiliz) 📈 Current Price: $0.44 | Change: +1.95% 📊 24H High/Low: $0.44 / $0.42 | Market Cap: $454 million 💡 As a sports and entertainment ecosystem token, Chiliz benefits from the expanding application of blockchain in fan economy sectors. Ongoing market attention to ecosystem development supports stable price growth.

📊 Market Summary: Today’s market focus centers on DeFi infrastructure upgrades, traditional financial digitization exploration, and the initiation of deflationary mechanisms. Expectations for MYX V2 upgrade, Lighter’s buyback mechanism, and Polygon’s burn benefits have become price drivers. Whales and institutional investors continue to increase their holdings across multiple projects, indicating market optimism for long-term development. Investors are advised to monitor project progress and on-chain data changes.

⚠️ Risk Warning: This message is not investment advice. The cryptocurrency market is highly volatile, and the top gainers carry high risks. Please thoroughly understand project fundamentals before investing, control risk exposure, and avoid blindly chasing high prices. Past performance does not guarantee future results.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

PEPE maintains its upward momentum thanks to on-chain data and derivatives support

Pepe (PEPE) is trading steadily around the $0.0000048 mark at the time of writing on Tuesday, after experiencing a surge of over 16% in the past week. On-chain data and developments in the derivatives market continue to send positive signals, indicating that there is still significant room for growth as activity

TapChiBitcoin2m ago

Shiba Inu Faces Market Consolidation Amid Weak Buying Pressure

Shiba Inu's price is stuck in a volatile market, showing short-term fluctuations without a clear upward trend. Despite reduced selling pressure, bullish momentum is lacking. Traders await signs of accumulation for potential stabilization.

CryptoFrontNews3m ago

BTC 15-minute increase of 0.73%: Whales' capital outflow and bullish dominance resonate to drive a short-term rebound

Between 2026-02-17 02:00 and 02:15 (UTC), Bitcoin (BTC) prices briefly surged, recording a +0.73% gain. The opening price for the interval was approximately $68,861, significantly boosting market attention. Spot and derivatives trading volumes within the window also rebounded, with bullish momentum strengthening and market volatility increasing. The main driver of this movement was large whale capital outflows and spot buy-side dominance. Latest on-chain data shows that whales net outflowed 10,316 BTC to exchanges, while transfer volume to exchanges decreased to 4,450 BTC, exerting selling pressure.

GateNewsBot22m ago

Pi Network (PI) maintains its recovery momentum amid a market under pressure

Pi Network (PI) is fluctuating around $0.1700, nearing the 50-day EMA at $0.1767. A recent surge of 2.90 million tokens onto exchanges suggests profit-taking by investors. Technical indicators show a bearish trend, but expectations for the mainnet anniversary could influence future price movements.

TapChiBitcoin38m ago

Bitcoin weekly RSI approaches the lows of the 2022 bear market, liquidity squeeze intensifies the bulls and bears battle

On February 17th, Bitcoin's price briefly surged to $70,000 before quickly pulling back. Due to light trading during the holiday, short-term movements were influenced by large capital flows, resulting in liquidations totaling $120 million. Technical analysis shows that Bitcoin's weekly RSI dropped to 27.8, the lowest since 2022, indicating the market may be facing a cyclical bottom signal.

GateNewsBot1h ago

Bitcoin hits the longest consecutive decline since the 2018 bear market, with a drop approaching historical extremes.

Bitcoin has already fallen 13.98% in February. If it closes lower, it will mark the longest consecutive decline since 2018, with a total drop of 52.44%. The overall cryptocurrency market capitalization is $2.33 trillion, and the Fear and Greed Index is in the extreme fear zone. Technically, Bitcoin needs to return to $100,000 to reverse the downtrend, and the current market remains in a bearish phase.

GateNewsBot1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)