Daily Degen
February 1, 2026

ZK Rockets While RIVER Sinks: A Tale of Two Tokens

Welcome to today’s cryptosphere wrap-up, where some altcoins soared on tech tales and others tanked in silence. From ZK's rocket to RIVER’s waterfall, here’s everything you need to decode the charts and understand the chatter.

ZK led the market with a massive 36% rise alongside other strong performers like ULTIMA and 1INCH. RIVER crashed nearly 50% in one of the worst performances of the week. Meanwhile, crypto Twitter’s influence continues to shape asset narratives, especially around zero-knowledge technology and governance tokens.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
ZK (36.37%), ULTIMA (19.01%), 1INCH (17.24%), LUNC (16.26%), DCR (11.09%)
Today's Top Losers:
Top 7-Day Losers:
RIVER (-49.1%), SENT (-12.6%), H (-12.3%), QRL (-11.8%), ADI (-6.60%)

ZK Tech Takes Center Stage

The market is clearly vibing with zero-knowledge proof narratives again. ZK emerged as the undisputed hero of today’s trading session, surging 36.37% in a single rally-filled sprint. The driving force? A perfect storm of technical upgrades, dev community buzz, and strategic tweets from key players in the privacy space. Whispers of a major partnership between the ZK ecosystem and a leading layer-2 solution have sparked newfound optimism, even as broader market volatility keeps traders on their toes.

River Runs Dry

Meanwhile, it was heartbreak on the RIVER. The token nosedived a brutal 49.1%, the steepest decline we've tracked this week. Thin order books, low liquidity, and a large whale offloading in chunks likely triggered the cascade. Social chatter turned panic within minutes as bots picked up on large-volume sells, compounding the bleeding. As always, the lesson here is swim near the riverbank and don’t chase low-volume pumps.

1INCH to the Rescue

On a brighter note, 1INCH staged a solid comeback with a 17.24% gain. The DEX aggregator has been riding tailwinds from increased user volume due to rising gas fees and a newly launched incentive program for stakers. With users rediscovering the savings from optimized routing, 1INCH’s utility narrative is back in vogue. Sometimes, it’s not the flashiest protocol but the quietly useful ones that win the day.

Decred’s Daring Move

DCR surged 11.09%, catching many crypto veterans off guard. Long dismissed as a ghost chain by some, Decred appears to be shaking off its slumber. Community-driven buzz cited a recent proposal to shift further toward on-chain governance and hybrid PoW/PoS models. While the traction is still grassroots, DCR’s climb suggests some insiders are betting on quiet revolutions rather than hyped launches.

The Curious Case of LUNC

LUNC, the phoenix-rising-from-the-ashes token of the former Terra ecosystem, rallied 16.26%. The crowd magnet seems to keep finding new wings every few months. Traders love LUNC’s volatility, and the mix of meme potential, governance churn, and speculative spikes make it a regular on the top volume lists. If there’s one thing we’ve learned, it's to never doubt the power of a crowd searching for redemption.

The Rogues Gallery: Sent, H, QRL, and ADI

In the rogues’ gallery of underperformers, SENT dropped 12.6%, H fell 12.3%, QRL trimmed 11.8%, and ADI slid 6.6%. The common theme? Low liquidity, minimal dev updates, and retail disinterest. Without narrative momentum or fresh catalysts, these assets were easy pickings for profit-takers. Worth watching if you love bottom-fishing, but these charts need more than hope to reverse course.

Whispers from Crypto Twitter

Crypto Twitter had its fair share of influence today. Anons pumped up the ZK narrative with threads touting its role in making Ethereum scalable and private. Threads comparing zk-SNARKs to “what SSL did for the internet” gained traction, and a meme of Vitalik shaking hands with a hooded cryptographer went viral. Meanwhile, anti-RIVER sentiment grew louder as screenshots of large sell orders were posted with captions like “somebody didn’t get the memo.” The power of narrative in the Twitter-driven markets was on full display: ZK went moon, RIVER went underground.

Zooming Out: Interpreting the Day’s Moves

Today’s tapes paint a thematic picture. Privacy and scalability are back in vogue. Speculative bets on governance-centric protocols are catching a bid. And above all, community engagement, whether through dev updates, partnerships, or solid memes, remains king. In a market where even a tweet from a known insider can move the needle, staying tuned into the socials is not optional—it's just part of the alpha process.

Conclusion: Don’t Fight the Narratives

As meme culture and real development continue to blur, market participants are realizing you need more than just technicals to swim in these waters. From ZK's explosive rally to RIVER’s meltdown, the markets continue to remind us: narratives lead, price follows, and Twitter might just be our most volatile oracle.

ZK Tech Takes Center Stage

The market is clearly vibing with zero-knowledge proof narratives again. ZK emerged as the undisputed hero of today’s trading session, surging 36.37% in a single rally-filled sprint. The driving force? A perfect storm of technical upgrades, dev community buzz, and strategic tweets from key players in the privacy space. Whispers of a major partnership between the ZK ecosystem and a leading layer-2 solution have sparked newfound optimism, even as broader market volatility keeps traders on their toes.

River Runs Dry

Meanwhile, it was heartbreak on the RIVER. The token nosedived a brutal 49.1%, the steepest decline we've tracked this week. Thin order books, low liquidity, and a large whale offloading in chunks likely triggered the cascade. Social chatter turned panic within minutes as bots picked up on large-volume sells, compounding the bleeding. As always, the lesson here is swim near the riverbank and don’t chase low-volume pumps.

1INCH to the Rescue

On a brighter note, 1INCH staged a solid comeback with a 17.24% gain. The DEX aggregator has been riding tailwinds from increased user volume due to rising gas fees and a newly launched incentive program for stakers. With users rediscovering the savings from optimized routing, 1INCH’s utility narrative is back in vogue. Sometimes, it’s not the flashiest protocol but the quietly useful ones that win the day.

Decred’s Daring Move

DCR surged 11.09%, catching many crypto veterans off guard. Long dismissed as a ghost chain by some, Decred appears to be shaking off its slumber. Community-driven buzz cited a recent proposal to shift further toward on-chain governance and hybrid PoW/PoS models. While the traction is still grassroots, DCR’s climb suggests some insiders are betting on quiet revolutions rather than hyped launches.

The Curious Case of LUNC

LUNC, the phoenix-rising-from-the-ashes token of the former Terra ecosystem, rallied 16.26%. The crowd magnet seems to keep finding new wings every few months. Traders love LUNC’s volatility, and the mix of meme potential, governance churn, and speculative spikes make it a regular on the top volume lists. If there’s one thing we’ve learned, it's to never doubt the power of a crowd searching for redemption.

The Rogues Gallery: Sent, H, QRL, and ADI

In the rogues’ gallery of underperformers, SENT dropped 12.6%, H fell 12.3%, QRL trimmed 11.8%, and ADI slid 6.6%. The common theme? Low liquidity, minimal dev updates, and retail disinterest. Without narrative momentum or fresh catalysts, these assets were easy pickings for profit-takers. Worth watching if you love bottom-fishing, but these charts need more than hope to reverse course.

Whispers from Crypto Twitter

Crypto Twitter had its fair share of influence today. Anons pumped up the ZK narrative with threads touting its role in making Ethereum scalable and private. Threads comparing zk-SNARKs to “what SSL did for the internet” gained traction, and a meme of Vitalik shaking hands with a hooded cryptographer went viral. Meanwhile, anti-RIVER sentiment grew louder as screenshots of large sell orders were posted with captions like “somebody didn’t get the memo.” The power of narrative in the Twitter-driven markets was on full display: ZK went moon, RIVER went underground.

Zooming Out: Interpreting the Day’s Moves

Today’s tapes paint a thematic picture. Privacy and scalability are back in vogue. Speculative bets on governance-centric protocols are catching a bid. And above all, community engagement, whether through dev updates, partnerships, or solid memes, remains king. In a market where even a tweet from a known insider can move the needle, staying tuned into the socials is not optional—it's just part of the alpha process.

Conclusion: Don’t Fight the Narratives

As meme culture and real development continue to blur, market participants are realizing you need more than just technicals to swim in these waters. From ZK's explosive rally to RIVER’s meltdown, the markets continue to remind us: narratives lead, price follows, and Twitter might just be our most volatile oracle.

Newsworthy

ZK’s 36% rally marks a resurgence in interest around privacy tech and layer-2 scaling. RIVER's 49% nosedive raises concerns about thin order books and whale manipulation in smaller cap tokens.

Pro-Tip:

Set alerts not just for price movements but for social media mentions and unusual volume activity. Staying ahead of virality can be more impactful than trailing the charts.

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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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