BTC has slipped on the list of trending cryptocurrencies over 24 hours. The list is led by PIPPIN and has FOGO as a candidate just below Bitcoin tokens, days after Binance announced its trading pairs. It is speculated that multiple national and international factors may have changed ranks on the list.
BTC and PIPPIN as Trending Cryptocurrencies
While BTC continues to dominate the global crypto market with a market cap of over $1.77 trillion, it has slipped to the 5th position on the list of trending cryptocurrencies drawn over the past 24 hours. The plunge comes despite surging slightly by 0.96% and leading the chart on many occasions.
The list of trending cryptocurrencies is now led by PIPPIN, a Solana-based AI-driven meme coin. Trading at $0.5110, the token has surged by 68.76% in the last 24 hours and now hosts a market cap of approximately $511.31 million. Positions of Bitcoin tokens and Pippin tokens are based on data from CoinMarketCap, and positions are subject to change.
Possible Influential Factors
Factors that have possibly influenced the slip of BTC to the 5th position are investors shifting to a safer alternative and the policy approach of US President Donald Trump. Gold is emerging as a better alternative not just to BTC but to many more cryptocurrencies that continue to experience volatility. The precious metal just reported a new high of $5,311.31 per ounce.
The policy approach of Trump is reportedly driven by tariffs with South Korea being the latest victim. The Lee Jae Myung-led country has been threatened with a revised tariff rate of 25%, citing alleged non-enactment of earlier commitments.
Similar approaches by the US President are believed to have driven UK Prime Minister Keir Starmer to China to draft a deal. And, they are believed to have boosted the mother of all deals between India and the European Union.
FOGO as a Candidate
FOGO features on the list of trending cryptocurrencies as well, but in the 6th position, just behind BTC. It has soared by 15.18% to $0.04295 with a market cap of over 161.68 million.
What has possibly fueled the rise of FOGO is the availability of its trading pairs on Binance. The platform recently announced that it would list FOGO/USDT and FOGO/USDC on January 28, 2026. Binance TH added that Spot Listing and Easy Buy/Sell functions would be effective 3 hours after the launch.
FOGO is followed by ETH. Ether has jumped by 2.62% to $2,986.85, after briefly trading above the $3k mark. Tokens on the list between PIPPIN and BTC are FIGHT, PAXG, and HYPE, in the same order.
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