Market Report: Top 5 Cryptocurrency Gainers on February 4, 2026, led by PAX Gold

Gate News Bot Message, February 4, 2026. According to CoinMarketCap market data, the overall cryptocurrency market shows a moderate upward trend, with precious metal tokens performing notably well. Spot gold continues to hit new highs, driving related assets higher. The following are the top five cryptocurrencies by 24-hour gain:

1️⃣ PAXG (PAX Gold) 📈 Current Price: $5057.69 | Change: +4.14% 📊 24H High/Low: $5066.93 / $4775.53 | Market Cap: $2,273,074,490.65 💡 Influenced by spot gold surpassing $5600 to reach a new high, PAXG, a physically-backed gold token recognized by the London Bullion Market Association, has attracted significant institutional investment. Whale investors holding long positions in PAXG are showing a 200% unrealized profit, with strong bullish market sentiment.

2️⃣ ATOM (Cosmos) 📈 Current Price: $2.07 | Change: +5.50% 📊 24H High/Low: $2.08 / $1.89 | Market Cap: $1,018,648,218.69 💡 As a core infrastructure token in the IBC cross-chain ecosystem, Cosmos has gained attention amid rising demand for blockchain interoperability. Recent ecosystem development progress has driven the price upward.

3️⃣ XAUt (Tether Gold) 📈 Current Price: $5030.09 | Change: +4.15% 📊 24H High/Low: $5040.03 / $4751.69 | Market Cap: $2,463,870,752.13 💡 Similar to PAXG, XAUt, a digital token backed by physical gold, benefits from the rising spot gold prices. Institutional investors like Abraxas Capital have continued to increase holdings by 1250 ounces (worth $6.58 million), reflecting market optimism about gold’s hedging properties.

4️⃣ WLFI (World Liberty Financial) 📈 Current Price: $0.13 | Change: +4.51% 📊 24H High/Low: $0.14 / $0.12 | Market Cap: $3,595,121,737.23 💡 As an emerging financial project, WLFI has recently received ongoing support from community advisors, with advisor Ogle increasing long positions by 750,000 ZRO tokens, demonstrating confidence from the project team in ecosystem development. Market sentiment remains moderate and positive.

5️⃣ MORPHO (Morpho) 📈 Current Price: $1.28 | Change: +3.81% 📊 24H High/Low: $1.30 / $1.20 | Market Cap: $487,416,410.05 💡 As a DeFi lending protocol, Morpho has attracted attention amid a rebound in market liquidity demand. The overall recovery of the DeFi ecosystem has supported steady growth.

📊 Market Summary: The top gainers this period are precious metal tokens (PAXG, XAUt) and mainstream ecosystem tokens (ATOM). The new all-time high in spot gold (breaking $5280 per ounce) is the main driver of market growth, with DeFi and emerging projects performing steadily. Investors are advised to monitor the impact of global macro policies on gold demand and the sustainability of DeFi liquidity compensation mechanisms.

Risk Warning: This message does not constitute investment advice. The cryptocurrency market is highly volatile. Investors should make cautious decisions based on their risk tolerance. Past gains do not guarantee future performance, and the market may face sudden correction risks.