Daily Degen
January 16, 2026

Stablecoin Surge and Privacy Coin Pain

Crypto markets served a mixed platter today. On one side, STABLE is mooning like it's 2021, while Axie Infinity rides a new hype cycle. On the other? Privacy coins like Monero took a regulatory punch to the face. Here's what you need to know.

STABLE tops the charts with a 20.65% gain after DeFi integration rumors surface. Gaming tokens AXS and IP rally on news and Korean exchange listings. Meanwhile, privacy coins like XMR face selloffs amid policy concern.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
STABLE (20.65%), IP (16.20%), AXS (15.60%), DASH (13.54%), ZBCN (9.796%)
Today's Top Losers:
Top 7-Day Losers:
A (-17.5%), XMR (-10.7%), CC (-7.48%), POL (-6.46%), CCD (-4.89%)

Stable Makes a Surprisingly Unstable Splash

The crypto markets love a good twist, and this week’s top gainer comes with a piece of irony—STABLE, a token ironically named and often overlooked, surged a whopping 20.65%. That’s right, the token with ‘stable’ in its name turned out to be anything but, rallying well beyond expectations. Speculation is pointing toward a sudden influx of DeFi integrations and rumors that STABLE may be partnering with a layer-2 protocol to enhance liquidity pooling across multiple chains.

Although data behind the surge remains speculative, Twitter chatter is abuzz with wallet activity suggesting whales have been accumulating heavily ahead of what some claim may be a governance announcement. Long overlooked, STABLE might be preparing for the kind of glow-up that would give Andre Cronje’s creations a run for their tokens.

Gaming Tokens Respawn as Investors Hit 'Play'

Not far behind on the leaderboard sits Axie Infinity’s AXS with a 15.6% jump, signaling renewed enthusiasm in the blockchain gaming sector. This resurgence could be linked to Season 6 of Axie Origin, which just launched with new mechanics and revamped rewards. IP (up 16.2%) joins the rally too, thanks in part to its recent listing on a major Korean exchange—a notably gaming-savvy market.

We’ve seen this pairing before: speculative gaming tokens tend to move in tandem, and smaller tokens like ZBCN (up nearly 10%) often ride similar narrative waves. What’s different now? A resurgence in project development updates, and X (formerly Twitter) spaces overflowing with founders teasing 'big news'.

Privacy Coins Face Regulatory Backlash

While speculative tokens and DeFi darlings enjoyed their fifteen minutes of fame, privacy coins weren’t invited to the party. Monero (XMR), traditionally the flagship for crypto anonymity, shed 10.7% over the last 24 hours. This, paired with a brutal 17.5% drop in lesser-known 'A' and a 7.48% dip in 'CC', suggests a broader narrative of fear, uncertainty, and possibly legislation.

Industry buzz indicates that several regions, including South Korea and Europe, are tightening the noose on anonymity-centric tokens. A recent policy proposal, making rounds on Crypto Twitter, would mandate centralized exchanges to delist privacy tokens under stricter Anti-Money Laundering frameworks. Risk-off behavior has found a target—good old-fashioned obscurity.

Dash, But Not Dead

Dash (up 13.54%) stood out as one of the few privacy-minded projects that actually rallied. Its unique positioning as a payments infrastructure layer might be shielding it from the worst of legislative overhang. Some speculate that internal tokenomic changes announced earlier this month—a reduction in inflation and an increase in coin burn—are improving sentiment. Or maybe, just maybe, investors are diversifying within the privacy cohort instead of abandoning it entirely.

Macro Conditions and Risk Rotations

Zooming out, the market appears to be undergoing a subtle rotation. High-risk, high-reward plays in gaming and microcaps are pulling in capital, while long-time stalwarts tied to privacy and anonymity are being tossed aside like last season’s memecoins. This isn't just sentiment—it’s on-chain behavior backed by volume shifts. Traders are chasing narrative, and right now the algorithms are sniffing DeFi integrations, gaming updates, and compliance-aligned tokens as bullish keywords.

The Tweet Heard Round the Market

Crypto Twitter erupted yesterday afternoon when a widely followed DeFi researcher revealed that a 'tier-1' stablecoin issuer is allegedly exploring a native L2 chain. Though names weren’t dropped, the tweet—with over 12,000 likes—has fueled wild speculation, and STABLE finds itself at the center of unconfirmed connections. Whether it’s legit alpha or mass delusion isn't clear, but the market has already voted with its wallets: STABLE is mooning like it’s 2021 all over again.

What to Watch Next

Keep an eye on regulatory signals from the EU and Asia in the coming days. If confirmed, expect privacy tokens to continue bleeding, while so-called 'compliant' tokens could see a narrative-driven pump. Also worth watching: Axie community wallet activity and the STABLE dev GitHub. If either lights up, you’ll know the show isn't over.

Stable Makes a Surprisingly Unstable Splash

The crypto markets love a good twist, and this week’s top gainer comes with a piece of irony—STABLE, a token ironically named and often overlooked, surged a whopping 20.65%. That’s right, the token with ‘stable’ in its name turned out to be anything but, rallying well beyond expectations. Speculation is pointing toward a sudden influx of DeFi integrations and rumors that STABLE may be partnering with a layer-2 protocol to enhance liquidity pooling across multiple chains.

Although data behind the surge remains speculative, Twitter chatter is abuzz with wallet activity suggesting whales have been accumulating heavily ahead of what some claim may be a governance announcement. Long overlooked, STABLE might be preparing for the kind of glow-up that would give Andre Cronje’s creations a run for their tokens.

Gaming Tokens Respawn as Investors Hit 'Play'

Not far behind on the leaderboard sits Axie Infinity’s AXS with a 15.6% jump, signaling renewed enthusiasm in the blockchain gaming sector. This resurgence could be linked to Season 6 of Axie Origin, which just launched with new mechanics and revamped rewards. IP (up 16.2%) joins the rally too, thanks in part to its recent listing on a major Korean exchange—a notably gaming-savvy market.

We’ve seen this pairing before: speculative gaming tokens tend to move in tandem, and smaller tokens like ZBCN (up nearly 10%) often ride similar narrative waves. What’s different now? A resurgence in project development updates, and X (formerly Twitter) spaces overflowing with founders teasing 'big news'.

Privacy Coins Face Regulatory Backlash

While speculative tokens and DeFi darlings enjoyed their fifteen minutes of fame, privacy coins weren’t invited to the party. Monero (XMR), traditionally the flagship for crypto anonymity, shed 10.7% over the last 24 hours. This, paired with a brutal 17.5% drop in lesser-known 'A' and a 7.48% dip in 'CC', suggests a broader narrative of fear, uncertainty, and possibly legislation.

Industry buzz indicates that several regions, including South Korea and Europe, are tightening the noose on anonymity-centric tokens. A recent policy proposal, making rounds on Crypto Twitter, would mandate centralized exchanges to delist privacy tokens under stricter Anti-Money Laundering frameworks. Risk-off behavior has found a target—good old-fashioned obscurity.

Dash, But Not Dead

Dash (up 13.54%) stood out as one of the few privacy-minded projects that actually rallied. Its unique positioning as a payments infrastructure layer might be shielding it from the worst of legislative overhang. Some speculate that internal tokenomic changes announced earlier this month—a reduction in inflation and an increase in coin burn—are improving sentiment. Or maybe, just maybe, investors are diversifying within the privacy cohort instead of abandoning it entirely.

Macro Conditions and Risk Rotations

Zooming out, the market appears to be undergoing a subtle rotation. High-risk, high-reward plays in gaming and microcaps are pulling in capital, while long-time stalwarts tied to privacy and anonymity are being tossed aside like last season’s memecoins. This isn't just sentiment—it’s on-chain behavior backed by volume shifts. Traders are chasing narrative, and right now the algorithms are sniffing DeFi integrations, gaming updates, and compliance-aligned tokens as bullish keywords.

The Tweet Heard Round the Market

Crypto Twitter erupted yesterday afternoon when a widely followed DeFi researcher revealed that a 'tier-1' stablecoin issuer is allegedly exploring a native L2 chain. Though names weren’t dropped, the tweet—with over 12,000 likes—has fueled wild speculation, and STABLE finds itself at the center of unconfirmed connections. Whether it’s legit alpha or mass delusion isn't clear, but the market has already voted with its wallets: STABLE is mooning like it’s 2021 all over again.

What to Watch Next

Keep an eye on regulatory signals from the EU and Asia in the coming days. If confirmed, expect privacy tokens to continue bleeding, while so-called 'compliant' tokens could see a narrative-driven pump. Also worth watching: Axie community wallet activity and the STABLE dev GitHub. If either lights up, you’ll know the show isn't over.

Newsworthy

A top stablecoin issuer is rumored to be building a layer-2 solution—though not officially confirmed, related assets are already surging in price on the hype alone.

Pro-Tip:

Follow Twitter whispers and GitHub commits—market momentum is riding speculative narratives and early dev signals. Don’t underestimate small caps with upcoming governance votes or product announcements.

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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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