Right now in crypto, the big thing everyone is talking about is this wave of seven major token launches set for this week. It is January 28, 2026, and Bitcoin is just hanging around the 89,000 dollar mark, which feels steady but not super exciting. Then there are these altcoins like PIPPIN that jumped up 61 percent, and Concordium with a 31 percent gain, so traders are all hyped up wondering if these new launches will push prices higher for a bit or just make more people chase in with that fear of missing out feeling.
I mean, these token generation events, there are seven of them from late January through early February. They cover stuff like NFT setups, DeFi tools, ways to scale Ethereum with layer two, privacy coins, wallets, and even open source stuff for infrastructure. Altogether, about 350 million dollars in funding is lined up for them. The market seems a little careful right now, but developers are active and big institutions are still supporting it, so that keeps things going.
On the overall market side, the total cap is at 3.11 trillion dollars, up one percent over the last day. Bitcoin sits at 89,233 dollars with a small 0.8 percent increase, and its dominance is 57.3 percent. Ethereum is doing better at 3,002 dollars, up 2.6 percent, holding 11.7 percent dominance. Trading volume came in at 129.6 billion dollars in the past 24 hours, which is decent I guess.
Looking at top movers, PIPPIN led with that 61 percent surge. Concordium followed at 31.7 percent. Hyperliquid got named coin of the day, probably because of the buzz around its liquidity. But then RIVER dropped 12 percent, which shows how volatile the smaller ones can be, kind of unpredictable.
One other thing, just updated their proof of reserves, showing they have 567 million dollars in assets backed one to one. That helps build some trust in these centralized exchanges, especially with all the questions people have lately. It feels like transparency is getting more important.
If I compare some of these, Bitcoin is close to that 90,000 psychological level, holding steady. Ethereum has strong activity in DeFi and development. PIPPIN is the standout gainer today. Concordium shows altcoin strength. Hyperliquid has rising hype. The seven launches focus on NFT, DeFi, layer two with 350 million funding. And CoinEx's reserve boosts trust. Some people might see this as a rally starting, others think it is just noise, I am not totally sure yet.
