Market Report: Top 5 Cryptocurrency Gainers on January 28, 2026, led by PIPPIN

Gate News Bot Message, January 28, 2026. According to CoinMarketCap market data, the overall cryptocurrency market remains active, with multiple sectors performing strongly. The AI Agent concept, decentralized derivatives trading platforms, and Meme coin ecosystems continue to attract capital attention. Below are the top five performers in the past 24 hours:

1️⃣ PIPPIN (pippin) 📈 Current Price: $0.49 | Change: +62.00% 📊 24H High/Low: $0.49 / $0.3008 | Market Cap: $495.57 million 💡 Wintermute-related addresses continue to build positions, purchasing approximately $200,000 worth of PIPPIN again in the past hour. Active deployment by institutional market makers is fueling the heat of the AI Agent concept, with market optimism about its future prospects.

2️⃣ HYPE (Hyperliquid) 📈 Current Price: $32.24 | Change: +26.86% 📊 24H High/Low: $32.41 / $25.43 | Market Cap: $97.394 billion 💡 The popularity of HIP-3 perpetual commodity contracts has exploded, with open interest reaching a new all-time high of over $790 million. Gold, silver, and copper contracts rank in the top ten by trading volume. Well-known investors like “Majiji” and other whales continue to add positions, with selling pressure nearly exhausted, and market outlook gradually turning positive.

3️⃣ PUMP (Pump.fun) 📈 Current Price: $0.31 | Change: +16.68% 📊 24H High/Low: $0.33 / $0.27 | Market Cap: $11.264 billion 💡 Pump.fun’s protocol revenue in the past 24 hours reached $2.32 million, surpassing Hyperliquid to become the third-largest revenue protocol. A $3 million Pump Fund support plan has been launched, with the ecosystem shifting toward real-world applications. Trading activity on the Solana chain has reignited, and MEME coin trading volume has significantly increased.

4️⃣ LIT (Lighter) 📈 Current Price: $1.93 | Change: +11.63% 📊 24H High/Low: $2.00 / $1.73 | Market Cap: $484.06 million 💡 Open interest increased by 16% in 24 hours to $146 million, with trading volume jumping 28% to $178 million. The long-short ratio rose above 1, indicating bullish dominance. Derivatives market activity has heated up, with net futures inflow expanding to $4.08 million, and institutional interest strengthening.

5️⃣ QNT (Quant) 📈 Current Price: $80.59 | Change: +7.96% 📊 24H High/Low: $82.46 / $73.06 | Market Cap: $972.96 million 💡 As a pioneer in enterprise-grade blockchain interoperability solutions, QNT has steadily strengthened during the market recovery. Growing cross-chain application demand and increased institutional recognition support its continued upward trend.

📊 Market Summary: This round of gains shows clear sector differentiation—PIPPIN leads with the AI Agent concept, while derivatives DEX platforms HYPE and LIT both surge, reflecting capital shifting from traditional trading to derivatives markets. The Meme coin ecosystem has regained vitality due to Pump.fun ecosystem development. The explosion of commodity perpetual contracts has become a key driver of this rally, attracting large inflows of risk-averse and hedging funds. Investors should closely monitor on-chain data and whale movements, while remaining cautious of high leverage trading risks.

⚠️ Risk Warning: This message is for informational purposes only and does not constitute investment advice. The cryptocurrency market is highly volatile, and tokens with high gains carry the risk of correction. Derivatives trading involves leverage risks; please participate cautiously. Investors are advised to manage risks prudently and invest within their means.