Market Report: Top 5 Cryptocurrency Gainers on February 23, 2026, led by PIPPIN

PIPPIN31,87%
KITE16,17%
PAXG0,64%
XAUT0,76%

Gate News Bot Message, February 23, 2026, according to CoinMarketCap data, the cryptocurrency market shows a divergent trend, with small-cap coins performing actively, leading gains of over 26%, while precious metal tokens remain relatively stable. The following are the top five performers in the past 24 hours:

1️⃣ PIPPIN (pippin) 📈 Current Price: $0.62 | Change: +26.10% 📊 24H High/Low: $0.63 / $0.48 | Market Cap: $629,468,755.00 💡 PIPPIN is performing strongly, leading the market in daily gains, with high market participation and continuous capital inflows driving rapid price increases.

2️⃣ KITE (Kite) 📈 Current Price: $0.26 | Change: +16.36% 📊 24H High/Low: $0.26 / $0.203 | Market Cap: $472,075,852.19 💡 KITE ranks second in gains, attracting buy-in at lower prices, with increased market enthusiasm and a clear upward breakout trend within the day.

3️⃣ PAXG (PAX Gold) 📈 Current Price: $5181.97 | Change: +0.94% 📊 24H High/Low: $5187.70 / $5123.56 | Market Cap: $2,378,579,609.40 💡 PAX Gold, as a gold tokenized product, follows the international gold price with slight increases, reflecting the stability of a safe-haven asset, with a large market cap.

4️⃣ XAUt (Tether Gold) 📈 Current Price: $5144.98 | Change: +0.904% 📊 24H High/Low: $5151.81 / $5089.29 | Market Cap: $2,679,638,771.33 💡 XAUt moves in sync with gold prices, serving as a crypto representation of precious metals, with stable value anchoring, favored by investors as a preservation tool.

5️⃣ STABLE (Stable) 📈 Current Price: $0.28 | Change: +0.73% 📊 24H High/Low: $0.29 / $0.27 | Market Cap: $504,258,295.56 💡 STABLE maintains near-zero volatility, aligning with stablecoin characteristics, attracting risk-averse investors for portfolio allocation.

📊 Market Summary: Today’s market presents a “two-tier” pattern—small-cap coins PIPPIN and KITE show strong gains due to high market enthusiasm, while precious metal tokens and stablecoins remain low-volatility. Market liquidity mainly flows into small and mid-cap coins, and investors should be cautious of volatility risks in small-cap tokens.

⚠️ Risk Warning: This message is for market information only and does not constitute any investment advice. Cryptocurrency markets are highly volatile; please carefully assess your risk tolerance and avoid blindly chasing high prices.

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