Market Report: Top 5 cryptocurrencies by decline on December 28, 2025, with PIPPIN experiencing the largest drop

PIPPIN44,26%
MYX-11,93%
XDC1,88%
HYPE-1,19%

Gate.io News Bot Message, December 28, 2025. According to CoinMarketCap market data, the overall cryptocurrency market has experienced a correction, with the altcoin sector under significant pressure. Newly issued tokens face the risk of falling below their issuance price. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:

1️⃣ PIPPIN (pippin) 📉 Current Price: $0.46 | Decline: -3.56% 📊 24H High/Low: $0.49 / $0.45 | Market Cap: $467 million ⚠️ As a newly issued altcoin, PIPPIN is affected by the collective price decline trend of altcoins in 2025. On-chain data shows only 93 wallets control 80% of the token supply, indicating high concentration risk. Meanwhile, the project lacks substantial updates, with weak fundamental support, making the price susceptible to fluctuations caused by a small amount of capital.

2️⃣ MYX (MYX Finance) 📉 Current Price: $3.40 | Decline: -2.08% 📊 24H High/Low: $3.49 / $3.39 | Market Cap: $856 million ⚠️ MYX, as a decentralized derivatives trading protocol, is impacted by declining market risk appetite. Despite strong annual trading performance on the platform, recent market adjustments have led to capital outflows from the derivatives sector, reducing trading activity.

3️⃣ XDC (XDC Network) 📉 Current Price: $0.49 | Decline: -0.97% 📊 24H High/Low: $0.51 / $0.49 | Market Cap: $924 million ⚠️ XDC Network, as an enterprise-grade public chain, is under pressure amid overall market risk contraction. Although the decline is moderate, the entire public chain sector is experiencing capital outflows, with investor risk appetite decreasing and funds concentrating into mainstream coins.

4️⃣ HYPE (Hyperliquid) 📉 Current Price: $25.96 | Decline: -0.57% 📊 24H High/Low: $26.29 / $25.41 | Market Cap: $8.813 billion ⚠️ Recently, the HYPE foundation burned 11.068% of the circulating supply (worth $912 million) to stabilize the price, but the market remains under pressure. On-chain data shows that BTC long whales have decreased by nearly 50%, and ETH short positions have doubled the long positions, reflecting increased market bearish sentiment.

5️⃣ AB (AB) 📉 Current Price: $0.45 | Decline: -0.68% 📊 24H High/Low: $0.46 / $0.45 | Market Cap: $428 million ⚠️ The AB token’s decline has been relatively stable. However, as a mid- to small-cap coin, liquidity is limited during the overall market correction cycle, with higher volatility risks.

📉 Market Correction Summary and Risk Reminder

The current market shows a clear correction trend, with the altcoin sector bearing the brunt. According to data, approximately 84.73% of altcoins are trading below their TGE (Token Generation Event) issuance price, with only 15.30% maintaining a premium. Market risk appetite has significantly decreased, capital continues to flow out toward mainstream coins and stable assets, and newly issued tokens face the risk of falling below their launch price. Derivatives platform data indicates that short positions are strengthening, and market bearish sentiment is rising.

⚠️ Important Risk Warning: Investors should exercise caution with high-volatility altcoins, especially new tokens with high concentration and weak fundamental support; derivatives trading carries extremely high risk, with leverage positions facing liquidation risk; it is recommended to carefully assess risk tolerance and avoid blindly chasing gains or panic selling. This message is not investment advice. Investors should be aware of market volatility risks.

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

World Liberty Financial Proposes Restructured Vesting for 62.28B WLFI Tokens With Up to 4.52B Burn

World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.

GateNews17m ago

Solana Adoption Surges to 167M While Usage and Price Diverge

Key Insights Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends. Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c

CryptoNewsLand46m ago

XRP Eyes Breakout as US Congress Revisits CLARITY Act

Key Insights: XRP price faces a decisive week as the US Congress debates the CLARITY Act, with legislative progress likely to influence short-term market direction significantly. Technical indicators highlight a potential breakout above $1.36, while mixed momentum signals suggest

CryptoNewsLand50m ago

Cardano Tests $0.243 Pivot as Breakout Pressure Builds

Key Insights Cardano trades near a historically strong pivot level at $0.243 while a descending wedge apex forms, increasing the likelihood of a major breakout soon. A confirmed breakout requires a daily close above $0.2450 and SAR resistance, which could shift momentum toward $0.537 as the

CryptoNewsLand58m ago

BTC edges up 0.46% in 15 minutes: institutional fund outflows and macro risk-off sentiment in sync drove the move

From 15:00 to 15:15 (UTC) on 2026-04-16, BTC logged a +0.46% return within 15 minutes. The price fluctuated in a range of 73,939.7 to 74,440.0 USDT, with an amplitude of 0.68%. During this time window, market attention increased, short-term volatility intensified, and fund-flow characteristics changed noticeably. The main driver of this deviation is the continued outflow of large amounts of capital from exchanges. According to on-chain data, in the past 24 hours the net flow was -14,408.84 BTC, mainly concentrated in large transfer ranges of more than $1 million (especially>$10M net outflow -12,987.03 BTC). This shows that institutions and large holders actively reduced their BTC holdings on exchanges, and short-term selling pressure was significantly lowered. Against the backdrop of persistently weak liquidity, with order book depth remaining at a low level for a long time, the price has become more sensitive to medium-sized buy orders—amplifying the impact of even modest inflows on spot market price action. In addition, macro conditions changed in parallel and produced a synchronized effect: easing geopolitical tensions in the Middle East boosted overall market sentiment. International gold prices rose, global equity markets hit new highs, and the market re-evaluated the probability of the Federal Reserve cutting rates within the year, further increasing investor attention to safe-haven assets (including BTC). At the same time, on-chain data indicates that the “whale” trading activity during this phase is at an annual low (>$1M transfers fell to 1,485 transactions). With heavy market wait-and-see sentiment and limited short-term supply, BTC’s responsiveness to sudden buy-side capital was further enhanced. Investors should be reminded that current market liquidity is still fragile. Insufficient order book depth increases the market’s sensitivity to large capital movements, and short-term volatility may intensify. Going forward, focus on further shifts in on-chain large-fund flows, changes in price action as it breaks through support or resistance regions, and the risks and opportunities brought by related macro policies and geopolitical developments. Please continue to track key data and stay alert to any sudden shocks during the period of abnormal moves.

GateNews2h ago

XRP Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery

XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.

GateNews9h ago
Comment
0/400
No comments