The cryptocurrency market showed a broad positive bias on April 21, led by gains in major altcoins and decentralized finance (DeFi) tokens, while selective profit-booking emerged in a few large-cap names.
Among top assets, Ethereum rose 1.55% to $2,364, extending its upward momentum, while XRP gained 0.79%. BNB also advanced 1.28%, reflecting steady buying interest across major altcoins. Stablecoins like Tether and USD Coin remained largely flat, indicating stable liquidity conditions in the market.
DeFi Tokens Show Strength
DeFi-linked assets recorded notable gains, signaling renewed investor interest in yield-generating protocols.
- Lido DAO climbed 2.79%
- Ethena rose 1.07%
- Pendle gained 1.59%
- Babylon advanced 2.08%
- Uniswap increased 1.79%
The move suggests risk appetite returning to DeFi segments, particularly after recent volatility.
Top Gainers Led by High-Beta Tokens
Smaller and high-beta tokens dominated the gainers’ list:
- MemeCore surged 33.16%
- GRASS jumped 23.35%
- Audiera rose 20.68%
- THORChain gained 14.24%
- Starknet advanced 12.92%
These sharp moves indicate speculative buying and momentum-driven trades in mid- and small-cap tokens.
Selective Profit Booking in Losers
On the downside, a few established tokens saw declines:
- DeXe dropped 12.07%
- Compound fell 11.51%
- Theta Network declined 4.77%
- Venice Token slipped 4.56%
- Canton Network fell 3.51%
The declines reflect profit-booking in select DeFi and utility tokens following recent gains.
