Several cryptocurrencies posted notable gains on August 1, 2026, with a handful of altcoins outpacing the broader market. Data tracked in Indian rupees (INR) shows a cluster of tokens moving decisively upward in a single trading session — a reminder of just how quickly sentiment can shift in digital asset markets.
**Audiera Leads the Pack**
The biggest mover of the day was Audiera, which climbed 17.72% to trade at ₹469. The token recorded ₹184 crore in 24-hour volume and carries a market capitalization of approximately ₹14,522 crore, with a circulating supply of around 30.93 crore tokens. For a token outside the top-tier household names, that kind of single-day move attracts attention — though sharp gains in smaller-cap tokens can be driven by relatively thin liquidity as much as by fundamental developments.
**Shiba Inu Posts a Strong Session**
Shiba Inu was the second-largest gainer in this snapshot, rising 8.39%. The token's price in INR terms sat at ₹0.000485 — a figure that reflects its enormous circulating supply of nearly 58,923 crore tokens. Despite that minuscule per-token price, Shiba Inu's 24-hour trading volume reached ₹1,705 crore, and its market cap stood at ₹28,511 crore, making it one of the larger assets by capitalization in this group. High volume alongside a meaningful percentage gain often signals broad participation rather than a thin-order-book spike.
**Pi Network and Hedera Join the Rally**
Pi Network gained 5.70%, trading at ₹8.28 with a market cap of ₹9,100 crore and a circulating supply of 1,099 crore tokens. Pi has had an unusual journey — built around a mobile-mining concept and a large, engaged user base — and continues to draw scrutiny and curiosity in equal measure as it trades on open markets.
Hedera, the enterprise-focused distributed ledger network, rose 3.15% to ₹6.66. With a market cap of ₹29,163 crore and 24-hour volume of ₹366 crore, Hedera was the largest token by market capitalization in this particular snapshot. Its circulating supply stands at approximately 4,379 crore tokens.
**Polygon's Successor and Polkadot Round Out the Gainers**
POL, formerly known as MATIC and the native token of the Polygon ecosystem, gained 2.85% to ₹6.94. Volume hit ₹221 crore against a market cap of ₹7,423 crore. The rebranding from MATIC to POL was part of Polygon's broader technical evolution, and the token continues to represent one of the more established Ethereum-adjacent ecosystems.
Polkadot closed out the top gainers list with a 2.82% rise to ₹74.33. It recorded ₹583 crore in 24-hour trading volume and a market cap of ₹12,604 crore, with a circulating supply of around 170 crore tokens. Polkadot's multi-chain architecture has kept it among the more closely watched Layer 1 networks.
**What Does a "Top Gainers" Snapshot Actually Tell You?**
A single-day gainers list captures a moment, not a trend. Tokens appear on these lists for various reasons — broader market sentiment turning positive, a specific project announcement, a surge in social media discussion, or simply increased speculative activity. Smaller-cap tokens like Audiera can post outsized percentage gains with far less capital movement than it would take to shift a token like Bitcoin or Ethereum by the same amount.
Market capitalization and trading volume together offer more context than price alone. A large gain on very low volume may reflect limited market depth. A large gain on high volume — as seen with Shiba Inu here — suggests wider participation.
**Tracking Crypto in Rupees**
All figures in this data are denominated in Indian rupees, reflecting the growing scale of retail cryptocurrency engagement in India. The Indian crypto market has navigated a complex regulatory environment in recent years, including a 30% flat tax on crypto gains and a 1% TDS on transactions above certain thresholds. Despite these frictions, trading activity on INR-denominated platforms remains active, as this volume data illustrates.
**The Bigger Picture**
A day when multiple altcoins gain between 3% and 18% suggests a broadly risk-on session for the asset class. Whether that reflects macro conditions, a move in Bitcoin that lifted smaller tokens, or token-specific catalysts is difficult to determine from price data alone. What the numbers do confirm is that crypto markets remain as volatile and closely watched as ever — both globally and within India's expanding digital finance ecosystem.
For anyone trying to make sense of these moves, the most useful habit is to look beyond the percentage figure: check volume, understand what the project actually does, and consider where a token sits in the broader market structure before drawing conclusions.