Market Report: Top 5 cryptocurrencies by decline on January 28, 2026, with the largest drop being River

AXS-0,54%
MORPHO-6,61%
CRV-3,11%

Gate.io News Bot Message, January 28, 2026, according to CoinMarketCap market data, the cryptocurrency market has experienced a correction, with some previously strong-performing tokens facing technical pullbacks, and market risk factors gradually emerging. The following are the performance details of the top five tokens with the largest declines in the past 24 hours:

1️⃣ RIVER (River) 📉 Current Price: $72.76 | Decline: -11.02% 📊 24H High/Low: $79.26 / $54.05 | Market Cap: $1,426,198,540.96 ⚠️ RIVER surged 500% in early 2026 but is now facing a technical correction. The token’s annual increase is nearly 500%, reaching a historical high of $87.73, with on-chain risks beginning to surface. Derivatives market high leverage positions have accumulated, with excessive long capital concentration. TD Sequential indicator signals show increasing profit-taking pressure. The current pullback is a normal risk release.

2️⃣ AXS (Axie Infinity) 📉 Current Price: $2.51 | Decline: -6.61% 📊 24H High/Low: $2.68 / $2.35 | Market Cap: $423,706,789.50 ⚠️ After a 277% increase this year, AXS faces profit-taking pressure. On-chain analysts indicate TD Sequential signals suggest a profit-taking phase, implying a possible risk adjustment period. The previous strong rally has already priced in high expectations, and the pullback is a normal profit realization process.

3️⃣ MORPHO (Morpho) 📉 Current Price: $1.19 | Decline: -3.85% 📊 24H High/Low: $1.24 / $1.19 | Market Cap: $452,133,562.42 ⚠️ Morpho shows a slight correction with a relatively mild decline. The decline is controllable, indicating market recognition of the project’s fundamentals remains, and the pullback is within a reasonable range.

4️⃣ CRV (Curve DAO Token) 📉 Current Price: $0.34 | Decline: -2.46% 📊 24H High/Low: $0.35 / $0.33 | Market Cap: $502,263,519.25 ⚠️ CRV’s correction is small, and the market performance is relatively stable. The DeFi sector shows overall volatility, but this token’s decline is moderate, reflecting relatively stable underlying liquidity.

5️⃣ PEPE (Pepe) 📉 Current Price: $0.501 | Decline: -2.39% 📊 24H High/Low: $0.51 / $0.48 | Market Cap: $2,076,704,527.77 ⚠️ PEPE, as a leading Meme coin, experienced a slight correction, with a decline within 2.5%. The Meme sector’s total market cap is about $44.4 billion, and PEPE maintains a relatively stable market share. The pullback is a normal market fluctuation.

📉 Market Adjustment Summary and Risk Warning

On January 28, 2026, the cryptocurrency market experienced a broad correction, with previously strong tokens facing significant pullback pressure. Although RIVER continues to attract institutional attention (Justin Sun’s $8 million strategic investment, TRON DAO support), its 500% surge this year has accumulated substantial risk. The current 11% decline reflects the liquidation of high leverage positions and profit-taking. AXS also faces similar pressure, with a 277% increase this year far exceeding market averages, and technical signals warn of risk.

Key Risk Warnings: ⚠️ Be cautious with high-growth tokens; this correction may deepen further ⚠️ Derivatives market high leverage positions pose forced liquidation risks ⚠️ Tokens with excessive prior gains are prone to profit-taking pressure ⚠️ Investors are advised to strictly control risk exposure and avoid chasing highs or lows

This message is not investment advice. Please be aware of market volatility risks and make cautious decisions based on your risk tolerance.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Short-selling firm Culper releases bearish report on Ethereum: Fusaka upgrade disrupts ETH token economics

Aggressive short-selling firm Culper Research has released a report bearish on Ethereum (ETH), believing that the Fusaka upgrade in 2025 will cause structural damage to ETH's token economy. The report points out that a significant decrease in Gas fees has led to increased address pollution attacks and reduced validator rewards, and emphasizes that Ethereum is facing competitive pressure from Solana and L2 solutions. Culper believes that ETH's value capture ability is declining and has started shorting ETH.

ChainNewsAbmedia12m ago

Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin

As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.

区块客22m ago

Zcash (ZEC) at the important crossroads: What could happen in the next few weeks?

Zcash (ZEC) shows signs of stabilization after declining from over 700 USD, with price nearing critical support around 200 USD. Recent recovery indicates buyer strength, but momentum indicators suggest caution. A breakout above 250 USD could initiate further recovery.

TapChiBitcoin23m ago

ETH 15-minute sharp decline of 1.53%: Large investors' short-term profit-taking and ETF capital outflows resonate, triggering a significant drop

From 13:45 to 14:00 on March 6, 2026 (UTC), ETH experienced a significant fluctuation, with a short-term decline of 1.53%. The price fluctuated sharply between 2019.21 and 2051.26 USDT, with an amplitude of 1.56%. High-frequency sell orders surged, market attention spiked, trading volume increased, and the divergence between bulls and bears intensified. Market sentiment became more cautious. The main driving force behind this fluctuation was large investors and whale accounts reducing their positions after a short-term rebound, leading to a rapid release of large sell orders and triggering short-term selling pressure in the market. On the ETF front, holdings

GateNews24m ago

BTC short-term decline of 1.23%: whale fund outflows and leveraged long liquidations trigger concentrated selling

On 2026-03-06 from 13:45 to 14:00 (UTC), the price of Bitcoin (BTC) experienced a -1.23% return over 15 minutes, with a price range of 69,219.0 to 70,086.3 USDT, and an amplitude of 1.24%. Trading activity significantly increased in a short period, with the market focusing on intense volatility and a resurgence of risk sentiment. The main drivers of this anomaly are continuous outflows of on-chain whale funds and large-scale leveraged long liquidations in the derivatives market. According to on-chain data, whale withdrawals reached as high as 16,972 BTC in a single day, Whales O

GateNews24m ago

Samson Mow Objects to Michael Saylor's Bitcoin Insufficiency Post - U.Today

The debate over Bitcoin's supply scarcity is highlighted by Michael Saylor's claim that there isn't enough Bitcoin for everyone, which Samson Mow counters with calculations showing each person could receive around 259,259 satoshis if distributed globally. Mow's argument underscores the reality that large entities hold significant portions of Bitcoin, emphasizing its scarcity and potential value.

UToday2h ago
Comment
0/400
No comments