Today's top 100 cryptocurrency market cap gainers and losers analysis: Dash surges 58.71%, IP skyrockets 32.56%

As the cryptocurrency market enters 2026, volatility and structural opportunities remain the main themes. Today, according to data from major global platforms, the top 100 cryptocurrencies by market cap have shown significant differentiation. Notably, privacy coins such as Dash and emerging token IP (Story) performed exceptionally well, recording astonishing gains of 58.71% and 32.56% respectively, attracting widespread market attention. This article will analyze and review these movements based on Gate market data to help readers gain insights into market capital flows.

Overall Market Overview: Leading Assets Stabilize, Funds Seek New Hotspots

Before analyzing individual tokens’ surges, let’s observe the performance of the market’s foundational assets. As of press time, Bitcoin (BTC) is priced at $95,459.4, up 4.51% over 24 hours, with a market cap remaining high at $1.9T, holding over 55% market share. Ethereum (ETH) also performed steadily, rising to $3,336.54, with a daily increase of 7.54%, and a market cap of approximately $401.45B.

The steady rise of these two giants provides a positive overall market sentiment. Meanwhile, Gate platform token GT (GateToken) also increased by 4.76%, now trading at $10.79, indicating active platform ecosystem engagement. Against the backdrop of leading assets gaining strength and playing a “platform” role, some capital has begun rotating into projects ranked lower in market cap, seeking higher growth elasticity. This capital migration trend has directly driven significant fluctuations and reshuffling in the market cap structure of the Top 100 cryptocurrencies today.

In-Depth Analysis of Key Movements: Why Did Dash and IP Surge?

Dash (DASH): The “Second Spring” for an Old Privacy Coin

The biggest winner today is undoubtedly Dash. Its price rebounded strongly from lower levels. According to the latest Gate data, DASH reached a 24-hour high of $62.5 and is currently trading around $60.69, with its market cap re-entering the top 70.

The market attributes Dash’s nearly 60% surge mainly to the following factors:

• Technical Upgrade Expectations: Dash’s core development team recently announced progress on a major upgrade roadmap called “Dash Platform,” aimed at enhancing network scalability and support for decentralized applications (DApps). Market expectations suggest this upgrade could inject new ecological vitality into this veteran project.
• Sector Rotation Effect: Amid the Bitcoin halving cycle narrative and subtle regulatory environment changes, the privacy coin sector has attracted attention overall. As a key member of this sector, Dash has benefited from sector-wide momentum driven by tokens like Monero (XMR, also up 19.93% today).
• Price and Market Analysis: From Gate’s candlestick charts, DASH had been consolidating at relatively low levels for several weeks before the surge, forming a solid technical bottom. The recent volume-driven rally broke through multiple key resistance levels. Currently, short-term resistance can be observed around $65 to $68 ; if momentum continues, higher levels may be tested. Support below is near $55 .

IP (Story Protocol): Narrative and Ecosystem-Driven Dark Horse

Another remarkable project is IP (Story Protocol). Its price increased by 32.56% in a single day, now trading at $3.76, making it the second-largest gainer in the top 100 by market cap.

The rise of IP is closely related to its unique project positioning:

• Niche Sector: IP aims to build a global protocol layer for creating, registering, and licensing intellectual property (IP). In the crypto space, narratives that combine real-world assets (RWA) with intellectual property are highly attractive, especially amid growing demand for “utility tokens.”
• Ecosystem Collaboration Progress: Recently, IP announced strategic partnerships with several well-known content creation platforms and digital art studios, marking the beginning of actual application and integration of its protocol. These fundamental developments are the main drivers behind its short-term price strength.
• Price and Market Analysis: According to Gate data, IP has shown a slow upward channel over the past month. Today’s large bullish candle represents an acceleration breakout pattern. Its market cap remains relatively small, and volatility may continue to be high. Key resistance is at the historical high of $4.2; if successfully broken, further upside potential opens. Short-term support can be observed around $3.4.

Other Notable Changes in the Rankings: Clues from Capital Flows

Besides the leading duo, other notable movements in the Top 100 market cap list include:

• Gains: Monero (XMR), Internet Computer (ICP), and Chiliz (CHZ) gained 19.93%, 17.46%, and 9.24% respectively, ranking among the top five gainers. This indicates ongoing market interest in diversified sectors such as privacy computing, decentralized cloud computing, and fan economy.
• Declines: The overall decline on the losers’ list was limited, with the largest drop seen in Lighter (LIT), down 8.44%. This suggests current market sentiment remains optimistic, with profit-taking pressures relatively dispersed and no panic selling.

Future Outlook

Overall, the market cap changes in today’s Top 100 cryptocurrencies sketch a clear picture of capital flow and rotation structure: after Bitcoin and Ethereum stabilize, active funds are rapidly rotating to seek targets with short-term catalysts. Dash’s surge results from a combination of “technical upgrade expectations + sector rotation,” while IP’s rise is more driven by its unique “intellectual property on-chain” narrative and tangible ecosystem progress.

For investors, closely monitoring real-time data and depth on major trading platforms like Gate is crucial for capturing such structural opportunities. It should be noted that short-term surges often come with high volatility, so market participants should make decisions based on thorough research and their own risk tolerance. Whether sustained buying can follow through in the coming days to consolidate gains will be key to observing Dash and IP’s strength. The overall ranking changes in the Top 100 cryptocurrencies will continue to serve as important indicators of market hotspots and risk appetite.