🔥 Top Trending Cryptos August 20: Altcoin Rallies, DexScan Movers & Inflows Explode

Altcoins surge as institutional money floods the ecosystem—ignoring traditional finance's usual skepticism about 'internet money.'

DexScan's movers light up with double-digit gains across mid-caps, while inflows hit levels not seen since the last bull run. Retail's back, and they're not just buying Bitcoin.

Smart contract platforms and DeFi tokens lead the charge, proving—yet again—that real utility drives momentum, not just hype. Even the regulators can't keep up.

One cynical take? Wall Street still thinks it's early. They're right—just not in the way they hope.

Altcoin Leaders and Meme Coin Surge

In terms of top trending coins, several tokens have made a splash lately. Origin Protocol (OGN) shot up by  35.30%, hitting $0.08424 and bringing its market cap to a solid $56.88 million. Meanwhile, Bitcoin (BTC) followed trading at $114,217.55 with a modest 0.12% increase, keeping its dominance above $2.27 trillion.

Meme-based coins are also riding the wave of trends today. MemeCore (M) surged by 19.41% to reach $0.4484, boosting its market cap to $708.12 million. Similarly, Memecoin (MEME) jumped 28.60% to $0.002592, achieving a valuation of $136.05 million. 

On another note, ethereum (ETH), the second largest by market cap, was the number five on trends at the time of writing, having a 2.20% rise, trading at $4,302.36, although it’s still going through a 7.52% decline over the week.

DexScan Standouts and Chain Inflows

On DexScan, LILPEPE had 337% daily gain, trading at $0.003959 and racking up over 113,000 transactions. Meanwhile, the TRUMP token held its ground with a modest 1.49% increase, buoyed by a solid $62 million in trading volume.

On the flip side, AIOT took a hit, dropping 5.52% to $1.59, which suggests some profit-taking despite $55 million in volume. On the brighter side, chainlink (LINK) enjoyed a 7.16% gain, and the newcomer IN saw a slight uptick of 1.39%.

Moreover, insights from CryptoDiffer show a different perspective, but still on trends in the capital flows into major blockchains. According to the data shared on X, Avalanche (AVAX) led the pack with a $164 million net inflow, surpassing its previous 30-day record of $139 million.

Leading chains by Capital Inflow in the last 30 days

Net asset FLOW is a powerful indicator of onchain growth and capital trends. This snapshot compares #blockchains, helping identify networks that are gaining the most traction.$AVAX $INK $SCR $SEI $S $OP $SCRT $ZK $SUI $FLOW pic.twitter.com/un7bi32cMZ

Ink made a comeback, having $35 million in inflows, while both Scroll and Sei each attracted $23 million. Sonic also turned things around, bringing in $20 million after earlier losses, and Optimism added another $14 million to the mix. On a smaller scale, steady inflows were also seen for Secret, zkSync Era, Sui, and Flow.

These shifts reveal a cautious and vibrant cryptocurrency market. Money continues to flow into different ecosystems, meme tokens, and blockchains despite all the ups and downs.

Also Read: Robinhood Soars 467%, Outpacing bitcoin and Coinbase