Gate.io News Bot Message, January 24, 2026. According to CoinMarketCap market data, the cryptocurrency market has experienced a broad correction, with several mainstream ecosystem tokens facing pullback pressure, among which metaverse and NFT sector tokens led the decline. The following are the top five performers in the past 24 hours by decline:
1️⃣ SAND (The Sandbox)
📉 Current Price: $0.15 | Decline: -8.65%
📊 24H High/Low: $0.17 / $0.15 | Market Cap: $413,898,743.23
⚠️ The Sandbox is facing a technical correction in the short term. Although it previously maintained an optimistic trend early in 2026, the current adjustment may reflect market profit-taking and decreased risk appetite. Cyclical fluctuations in the metaverse concept have also intensified the decline.
2️⃣ POL (Polygon (prev. MATIC))
📉 Current Price: $0.12 | Decline: -4.80%
📊 24H High/Low: $0.13 / $0.12 | Market Cap: $1,343,316,995.88
⚠️ As a major Layer2 solution token, Polygon’s decline reflects an overall market reassessment of scaling project risks, possibly influenced by market volatility and declining investor risk appetite.
3️⃣ ICP (Internet Computer)
📉 Current Price: $3.46 | Decline: -4.52%
📊 24H High/Low: $3.69 / $3.42 | Market Cap: $1,898,084,980.33
⚠️ Internet Computer’s technical outlook is under pressure, with a moderate decline indicating cautious market sentiment towards public chain ecosystem development. Profit-taking by investors may be a primary driver.
4️⃣ PUMP (Pump.fun)
📉 Current Price: $0.23 | Decline: -4.20%
📊 24H High/Low: $0.25 / $0.23 | Market Cap: $845,127,373.91
⚠️ Although Pump.fun recently launched a $3 million Pump Fund and announced a strategic transformation, on-chain data shows whale addresses continue to reduce their holdings, with total liquidations reaching $31.3 million. This indicates that the market’s risk premium for Meme coin platforms is rapidly diminishing, and the departure of institutional players may further accelerate the price correction.
5️⃣ XTZ (Tezos)
📉 Current Price: $0.57 | Decline: -4.11%
📊 24H High/Low: $0.59 / $0.57 | Market Cap: $616,330,800.87
⚠️ Despite strategic support from TenX Protocols and the purchase of 5.5 million XTZ tokens, Tezos still faces a correction, reflecting broad pressure on public chain tokens. Market confidence in staking yield promises may need time to be validated.
📉 Market Correction Summary
This correction exhibits clear sector-specific characteristics, with metaverse, Layer2, and Meme tokens leading the decline. Overall market risk appetite has decreased, with institutional investors reducing positions and taking profits as main drivers. Notably, whale liquidations on Pump.fun reached $31.3 million, indicating a sharp shift in market participants’ attitude towards high-risk assets. Investors are advised to closely monitor market sentiment indicators, carefully assess position risks, and avoid blindly chasing gains or losses in highly volatile environments.
⚠️ Risk Warning
This message is not investment advice. Cryptocurrency markets are highly volatile, and the declines in the above tokens may continue to expand. Investors should operate cautiously according to their risk tolerance and avoid blindly buying dips or holding concentrated positions.
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
Dogecoin Tests Fibonacci Barrier as Weak Momentum Builds Risk
Key Insights
Dogecoin price approaches a confluence of Fibonacci resistance and value area high, creating a strong technical barrier that traders closely monitor.
The latest rally shows weakening momentum, suggesting the upward move may rely more on liquidations than sustained buying
CryptoFrontNews19m ago
Is this the perfect buying point for Bitcoin? PlanB updates the S2F model: the average price in this cycle is expected to reach $500,000
Quantitative analyst PlanB has made a new Bitcoin forecast, estimating that the average price from 2024 to 2028 will reach $500,000, based on its S2F model. The model calculates scarcity through asset stock and annual production, indicating that the market is currently entering a buying opportunity. PlanB emphasizes the historical accuracy of the forecast but also acknowledges the model's blind spots and the need to pay attention to market demand changes.
区块客40m ago
Pump.fun signals multichain move on subdomains, MoonPay
Pump.fun multichain expansion: what current signals indicate now
according to Phemex News, Pump.fun has registered subdomains for Base, BSC, Monad, and Ethereum, a step widely read as groundwork for a broader rollout beyond Solana. Domain preparation can indicate technical planning and branding al
CoincuInsights45m ago
Silver-Togued Analyst Prepares for the Next Leg Down for BTC Between $44,000 – $57,000
Silver-tongued analyst prepares for the next leg down for BTC.
He expects BTC to drop twice into two specific bearish boxes.
The first will take the price of BTC to $57,000, and the next below $50,000.
The crypto community clings to bullish hope as the price of Bitcoin (BTC), the
CryptoNewsLand1h ago
MICA Daily｜Exchange liquidity dries up, BTC trend continues to weaken
The latest US CPI data released aligns with market expectations, but due to the impact of the Middle East situation, market reactions are muted. The US stock indices fluctuate, and BTC prices hover around $70,000. Although it appears stable in the short term, market sentiment remains pessimistic, and whether the price can stay above $70,000 in the future remains uncertain, mainly depending on the development of the Middle East situation. Meanwhile, Binance's net flow data shows that investors withdraw BTC during market downturns, but selling pressure still exists.
区块客2h ago
BitMine is sweeping up 60,000 ETH! Tom Lee confidently states: "The mini crypto winter" is coming to an end.
Bitmine Immersion Technologies recently purchased 60,976 Ethereum, totaling approximately $120 million, to support the crypto market. Despite facing $7.8 billion in unrealized losses, Chairman Tom Lee remains actively buying, believing the market is close to the bottom. The company plans to stake all its Ethereum, with an estimated annualized return of $259 million, urging investors to seize the bottoming opportunity.
区块客3h ago
