Daily Degen
January 18, 2026

RIVER Makes a Splash as Altcoins Jockey for Dominance

The crypto market awakened from its January slumber thanks to an unexpected altcoin surge — with RIVER leading the charge. While Bitcoin stayed steady, the action shifted to smaller caps, meme coins, and privacy-forward plays. Here's everything you need to know.

Altcoin season may be dawning as RIVER (+46%) and DASH (+13%) lead a rally defined more by narrative and liquidity flows than fundamentals. Meanwhile, PIPPIN returns from the meme graveyard and VSN slumps amid exploit rumors. Twitter's buzzing with whispers of Sanctuary protocols and new-gen DEX mechanics, possibly birthing the next DeFi wave.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
RIVER (46.19%), DASH (13.87%), MERL (6.444%), ZBCN (6.218%), PIPPIN (6.185%)
Today's Top Losers:
Top 7-Day Losers:
VSN (-10.7%), AXS (-10.5%), KMNO (-6.27%), CC (-6.15%), CRV (-6.12%)

Alt Seasons Are Made of RIVERs and DASHes

This week in crypto felt like drinking from the firehose of a freshly activated DeFi protocol. Forget Bitcoin — it barely moved and let the alts take the wheel. RIVER surged a staggering 46.19%, clearly ignoring January's customary skepticism. Not far behind, DASH defied its ghost chain label, up 13.87%, possibly thanks to renewed chatter around digital cash privacy solutions post-Samourai’s troubles.

MERL (yes, it's still alive!) climbed over 6%, just ahead of ZBCN and meme-ish comeback kid PIPPIN, which clocked in a respectable 6.185% rise. It’s not just price — Twitter vibes are loud about altcoin liquidity strategies, where niche tokens with sticky narratives suddenly matter again.

Twitter’s Noisier Than a DAO on Snapshot Deadline

Crypto Twitter is ablaze with speculation around privacy chains, Solana’s dev resurgence, and pre-halving positioning. One recurring thread? Sanctuary-as-a-Service protocols. They're gaining attention as regulators continue their game of regulatory whack-a-mole. $DASH and $RIVER’s moves may well be narrative-fueled by these whispers — users moving toward obfuscated liquidity paths.

Also trending: “DEX tokenomics V2” — basically builders admitting their protocols were yield-farming chaos and now trying to design for stickiness. A video by @0xRoku breaking down MERL v4 token burn incentives went semi-viral, which might've juiced MERL’s price bump.

On the Floor: The Losers’ Table Has Some Familiar Faces

While some alts soared, others took it on the chin. VSN fell−10.7%, dragged by rumors of an exploit in its bridging mechanism. AXS (-10.5%) kept up its glorious fall-from-2021-grace routine, and KMNO (-6.27%) disappointed after a failed validator update. Community complaints about sluggish governance might be catching up to it.

Curve (CRV) continues its slow unwinding (-6.12%), especially amid continuing debates around the sustainability of ve-tokenomics and multiplayer yield strategies. DeFi isn't dead, but it's definitely got back pain.

Volume Watching: Liquidity Sloshes Where Narratives Bubble

Liquidity migration is the theme this week. Even though big caps stayed flat (Bitcoin pivoted +/-1% around $42.3k), altcoin-trading pairs saw increased volumes. Especially telling were decentralized exchange pools on Solana and Arbitrum — several RIVER/USDC pools doubled in 24h volume between Tuesday and Wednesday. It’s not just price chasing: traders are trying to frontrun narrative rotations.

Also notable: a sudden spike in wrapped token minting on secondary L2s. ZBCN, a boring oracle token until last week, saw a TVL bump on a cross-chain DAO farming strategy. Bots noticed. Traders didn’t blink. That’s how you get a 6.2% daily price climb in a week when Bitcoin naps.

Small Caps, Big Brains, and the Troll Army

PIPPIN, a project thought dead after its 2022 rug drama, clawed back into Twitter timelines. No protocol upgrade, no dev resurgence — just memes. The token rallied 6.185%, in what some suspect is an orchestrated pump by a Telegram group hunting thin liquidity. But here’s where it gets weird: on-chain data shows a handful of large wallets spreading buys across multiple exchanges, possibly simulating decentralized hype.

Even in crypto’s winter hangover, the appetite for low-float, narrative-drenched memecoins remains insatiable for degens starved of volatility.

What Does It All Mean?

It’s pre-halving season, and history shows this is where altcoin rotation thrives. Bitcoin dominance pulls back, letting liquidity sneak into micro caps and mid-tiers with stories worth believing for at least 48 hours. With increasing mentions of capital rotation and smart money tracking Telegram-based “alpha groups,” there’s more than just vibes moving prices.

Expect coins with strong community memes (PIPPIN), privacy narratives (DASH, RIVER), or tokenomics refreshes (MERL) to ride another week of tailwinds.

Alt Seasons Are Made of RIVERs and DASHes

This week in crypto felt like drinking from the firehose of a freshly activated DeFi protocol. Forget Bitcoin — it barely moved and let the alts take the wheel. RIVER surged a staggering 46.19%, clearly ignoring January's customary skepticism. Not far behind, DASH defied its ghost chain label, up 13.87%, possibly thanks to renewed chatter around digital cash privacy solutions post-Samourai’s troubles.

MERL (yes, it's still alive!) climbed over 6%, just ahead of ZBCN and meme-ish comeback kid PIPPIN, which clocked in a respectable 6.185% rise. It’s not just price — Twitter vibes are loud about altcoin liquidity strategies, where niche tokens with sticky narratives suddenly matter again.

Twitter’s Noisier Than a DAO on Snapshot Deadline

Crypto Twitter is ablaze with speculation around privacy chains, Solana’s dev resurgence, and pre-halving positioning. One recurring thread? Sanctuary-as-a-Service protocols. They're gaining attention as regulators continue their game of regulatory whack-a-mole. $DASH and $RIVER’s moves may well be narrative-fueled by these whispers — users moving toward obfuscated liquidity paths.

Also trending: “DEX tokenomics V2” — basically builders admitting their protocols were yield-farming chaos and now trying to design for stickiness. A video by @0xRoku breaking down MERL v4 token burn incentives went semi-viral, which might've juiced MERL’s price bump.

On the Floor: The Losers’ Table Has Some Familiar Faces

While some alts soared, others took it on the chin. VSN fell−10.7%, dragged by rumors of an exploit in its bridging mechanism. AXS (-10.5%) kept up its glorious fall-from-2021-grace routine, and KMNO (-6.27%) disappointed after a failed validator update. Community complaints about sluggish governance might be catching up to it.

Curve (CRV) continues its slow unwinding (-6.12%), especially amid continuing debates around the sustainability of ve-tokenomics and multiplayer yield strategies. DeFi isn't dead, but it's definitely got back pain.

Volume Watching: Liquidity Sloshes Where Narratives Bubble

Liquidity migration is the theme this week. Even though big caps stayed flat (Bitcoin pivoted +/-1% around $42.3k), altcoin-trading pairs saw increased volumes. Especially telling were decentralized exchange pools on Solana and Arbitrum — several RIVER/USDC pools doubled in 24h volume between Tuesday and Wednesday. It’s not just price chasing: traders are trying to frontrun narrative rotations.

Also notable: a sudden spike in wrapped token minting on secondary L2s. ZBCN, a boring oracle token until last week, saw a TVL bump on a cross-chain DAO farming strategy. Bots noticed. Traders didn’t blink. That’s how you get a 6.2% daily price climb in a week when Bitcoin naps.

Small Caps, Big Brains, and the Troll Army

PIPPIN, a project thought dead after its 2022 rug drama, clawed back into Twitter timelines. No protocol upgrade, no dev resurgence — just memes. The token rallied 6.185%, in what some suspect is an orchestrated pump by a Telegram group hunting thin liquidity. But here’s where it gets weird: on-chain data shows a handful of large wallets spreading buys across multiple exchanges, possibly simulating decentralized hype.

Even in crypto’s winter hangover, the appetite for low-float, narrative-drenched memecoins remains insatiable for degens starved of volatility.

What Does It All Mean?

It’s pre-halving season, and history shows this is where altcoin rotation thrives. Bitcoin dominance pulls back, letting liquidity sneak into micro caps and mid-tiers with stories worth believing for at least 48 hours. With increasing mentions of capital rotation and smart money tracking Telegram-based “alpha groups,” there’s more than just vibes moving prices.

Expect coins with strong community memes (PIPPIN), privacy narratives (DASH, RIVER), or tokenomics refreshes (MERL) to ride another week of tailwinds.

Newsworthy

RIVER's 46% rally wasn't random — it's part of a larger privacy-token narrative bubbling back up. Similarly, the MERL v4 update has sparked new interest from smart-contract-watchers on CT. And let's not sleep on PIPPIN’s zombie meme revival — orchestrated or not, it reflects low-float coin potential in narrative-sensitive markets.

Pro-Tip:

Track liquidity pools on DEXes, not just centralized exchanges — movement in token pairs like RIVER/USDC or ZBCN/wETH offer early signals before price action hits CEXes. Use tools like DeFiLlama and GeckoTerminal to spot the rotations.

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Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

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