- These tokens are targeted bets on maturing crypto sub-sectors that are indicating independent strength
- The outshining of these mentioned tokens isn’t random, and it is a flight to quality having specific narratives
As the altcoin section remains bearish, some of the coins, such as Midnight (NIGHT), Hyperliquid (HYPE) and Monero (XMR), are showing accumulation signals and catalyst-driven strength. The broader market indicated extreme fear, although capital is moving toward projects having clear development milestones or tough narratives such as privacy and decentralised trading
Midnight, trading at $0.047, is progressing as this year’s first-quarter roadmap, focused on the Kūkolu phase. This stage offers a stable mainnet having trusted validators and privacy-first applications, as per the latest January update
Technical indicators such as Chaikin Money Flow (CMF) are surging, showing that outflows are reducing. A significant level to rebound from is $0.053, showing a potential move back towards its previous all-time high of $0.120
The CMF of Hyperliquid has pushed beyond zero, indicating inflows are now dominating. The price of HYPE remains around $33.74, which also indicates a reported -0.22 correlation with BTC, suggesting independent price action
The Third Token
Open interest on the decentralised perpetuals exchange increased to $793 million around January 26-27, up from $260 million a month before. This shows increasing demand for its derivatives market structure
Monero is exchanging hands at around $305 after falling sharply about 30% in 11 days. The Money Flow Index (MFI) indicates that selling pressure is reaching exhaustion and is not far away
Monero, a privacy coin rolled out in 2014, keeps up a durable narrative aimed at fungibility and censorship resistance. As wide altcoin indexes are not strong, dispersion is the prominent theme. The outshining of these mentioned tokens isn’t random
It is a flight to quality having specific narratives. Midnight shows progress in privacy-enriching L1s. Hyperliquid shows the growing market share of high-performance decentralised derivatives platforms
The resilience of Monero shows a determined, non-speculative demand for private transactions. These tokens are targeted bets on maturing crypto sub-sectors that are indicating independent strength
Highlighted Crypto News Today:
Fhenix Breaks Blockchain Privacy Barrier With Decomposed BFV Encryption Breakthrough
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
The Good and Bad News for Ethereum (ETH) After Dumping Below $2K
ETH joined the market-wide correction over the past few days, dropping from $2,200 to a three-week low of $1,970 before it recovered slightly to the current $2,000.
This is the asset’s most crucial level for the time being, and it’s close to breaking below it. As such, analysts have rushed to
CryptoPotato19m ago
Bittensor (TAO) Rises 10% Daily as Bulls Eye Further Breakout
The cryptocurrency market registered a slight rebound over the past 24 hours, with Bittensor (TAO) being the best performer (at least among the top 100 club) today.
Market experts expect the bullish momentum to continue, projecting more substantial gains in the near future.
TAO Jumps
CryptoPotato38m ago
MemeCore (M) Flips Shiba Inu (SHIB) After Exploding by 50% in 2 Weeks: What Comes Next?
The crypto market has a new rock star, and its name is the Solana-based meme coin MemeCore (M).
Its price has jumped by double digits in a matter of weeks, thus outperforming multiple leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many more, which have been struggling during the o
CryptoPotato41m ago
Solana Price Holds Near $80 as Analysts Split on Next Move
Key Insights:
Solana trades near $80 under pressure, with persistent lower highs and weak recovery attempts reinforcing a clear short-term bearish market structure.
Analysts identify the $75 to $45 range as a key accumulation zone, supported by historical demand levels and long-term
CryptoNewsLand3h ago
ADA Price Weakens Under Resistance While Large Wallets Accumulate
Key Insights:
Cardano trades below all major moving averages, reinforcing bearish pressure while price struggles to reclaim even short-term resistance levels across multiple timeframes.
Whale wallets holding large ADA balances have steadily accumulated since February, reaching their
CryptoNewsLand3h ago
Cardano Price Near $0.245 Level as Market Momentum Weakens
Cardano's price is stabilizing around the $0.245 support level amid market consolidation and declining momentum. The inability to break resistance at $0.268 raises concerns about upward strength. Meanwhile, development of the new node version 10.7.0 is in testing, promising enhancements for the ecosystem.
CryptoNewsLand3h ago
