AKEDO Surges 92% as Crypto Market Remains Under Pressure
The cryptocurrency market remained under pressure on August 14, 2026, with Bitcoin and other major assets trading lower. However, several smaller tokens made sharp moves, creating a clear divide between gainers and losers.
Among the top gainers was AKEDO, which surged 91.98% to $0.007738 in just 24 hours. The token's market capitalization jumped to $176.39 million, driven by increased trading activity. AKEDO's community promotion campaign, including a $500 giveaway and reminders for users to claim their rewards, likely contributed to the sharp move.
Ether.fi and Cosmos also posted double-digit gains, supported by fresh product developments and ecosystem updates. Ether.fi announced several new features, including an Aave market on Optimism and expanded payment options. The platform currently has $22 million in active borrowing, with plans to reach $500 million in lending capacity by 2027.
On the other hand, LAB suffered the steepest decline after its latest token unlock went live. The sharp drop coincided with newly available tokens being sold by recipients, creating additional selling pressure. Squid fell 13.85% to $0.07080 amid weaker risk appetite, while Bitcoin Cash declined 3.91% to $206.29 following a break below an important technical support area.