Gate.io News Bot Message, January 3, 2026. According to CoinMarketCap market data, the overall cryptocurrency market has experienced a correction, with some major coins undergoing technical pullbacks. The following are the top five cryptocurrencies by decline over the past 24 hours:
1️⃣ ZEC (Zcash)
📉 Current Price: $496.18 | Decline: -5.81%
📊 24H High/Low: $532.85 / $482.11 | Market Cap: $8.171 billion
⚠️ ZEC entered a technical correction phase after a surge of 80% in December. Although it attracted significant derivatives trading in the short term (24H trading volume once reached $2.9 billion), the price retreated from a high of $550 amid profit-taking and continued short selling (max short position of $20 million). Market divergence on Q1 2026 outlook has increased, and cautious investor sentiment has led to the current adjustment.
2️⃣ LEO (UNUS SED LEO)
📉 Current Price: $9.23 | Decline: -3.79%
📊 24H High/Low: $9.67 / $9.24 | Market Cap: $8.513 billion
⚠️ As an exchange governance token, LEO is affected by the overall market correction. The moderate decline mainly results from risk asset reallocation driven by the broader market adjustment.
3️⃣ M (MemeCore)
📉 Current Price: $1.52 | Decline: -1.67%
📊 24H High/Low: $1.56 / $1.44 | Market Cap: $1.906 billion
⚠️ MemeCore’s limited decline reflects the relative resilience of the Meme coin sector. However, market data shows that overall Meme coin performance in 2025 was under pressure, with over 88% of projects trading below their issuance price, indicating decreased risk appetite among investors.
4️⃣ CC (Canton)
📉 Current Price: $0.14 | Decline: -1.39%
📊 24H High/Low: $0.16 / $0.14 | Market Cap: $5.523 billion
⚠️ Canton recently rose due to SEC recognition of DTCC bond tokenization, and the current slight pullback is a technical correction. Despite policy support, some investors are taking profits in stages, causing short-term price pressure.
5️⃣ PAXG (PAX Gold)
📉 Current Price: $4340.53 | Decline: -0.27%
📊 24H High/Low: $4407.81 / $4325.70 | Market Cap: $1.619 billion
⚠️ PAXG, as a gold tokenization product, shows minimal and relatively stable decline. The precious metals sector remains strong, supported by dollar depreciation expectations and geopolitical risks, which sustain gold allocation demand.
📉 Market Summary
The current market is in a phased correction. Highly speculative coins like ZEC are under significant pressure, while safe-haven assets like PAXG are holding steady. Main factors driving the correction include: (1) Profit-taking pressure on high-gain coins like ZEC; (2) Continued short selling, especially by large short address holdings; (3) Large-scale withdrawals from exchanges (ZEC saw about $13 million in withdrawals in the past 12 hours), indicating rising risk aversion; (4) Reallocation of risk assets and decreased risk appetite among investors.
⚠️ Risk Warning
Investors should be aware of the following risks: The short positions on high-volatility coins like ZEC have reached $163 million, posing a risk of chain reactions triggered by extreme market moves; Over 88% of Meme projects are at a loss, making blindly chasing high-risk extremely dangerous; Market sentiment has shifted from greed to caution, with large funds flowing out of exchanges. Caution is advised, and risk exposure should be controlled. This message is not investment advice; market volatility risks should be carefully considered.
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
Make-or-Break Moment for Dogecoin (DOGE): Can It Defend $0.090 or Face a Deeper Slide?
Dogecoin trades at $0.091, with significant trading volume of $853M. Despite a modest gain, bearish momentum persists, indicating potential price drops unless a bullish reversal occurs. Key indicators suggest weak sentiment and selling pressure.
TheNewsCrypto33m ago
Tonight, Circle and NVIDIA will release their earnings reports. Will AI narratives once again "support" the crypto market? This becomes the focus.
The issuer of the US dollar stablecoin USDC, Circle, and NVIDIA will release their earnings reports on February 25th before the market opens and after the market closes, respectively. The market is watching how their performance will impact risk assets. NVIDIA's stock price has been stagnant amid fluctuations, and Wall Street is concerned about the short-term pressure behind the earnings report. Investors are assessing the relationship between AI, semiconductors, and stablecoins, and are looking forward to the market reaction to the earnings reports.
GateNewsBot37m ago
Trump's State of the Union address did not mention Bitcoin and cryptocurrencies, and the market's expectations were disappointed, causing intense price volatility.
February 25 News, U.S. President Trump did not mention Bitcoin, blockchain, or cryptocurrency policies in his important policy speech (State of the Union Address) in February 2026, sparking significant attention in the crypto market. Previously, most investors expected Trump to signal regulation of digital assets, financial innovation, or the development of the crypto industry. Therefore, his "avoidance of mentioning cryptocurrencies" quickly became a key variable for traders interpreting macro sentiment.
From the content of the speech, Trump mainly focused on economic growth, employment, border security, and national security issues, without touching on any policy directions related to digital assets. This silence surprised some supporters of the crypto industry. Over the past two years, Trump has expressed a positive attitude toward Bitcoin and digital finance multiple times and supported crypto-related projects, leading the market to view him as a potential "crypto-friendly" politician.
GateNewsBot47m ago
ADA drops 71% in six months, but whales buy $213 million; $0.30 becomes the key level for Cardano price reversal
February 25 News, Cardano (ADA) remains in a weak consolidation zone after experiencing several months of decline. The current price is approximately $0.275, down about 2.7% in the past 24 hours, hovering around the middle of the weekly range between $0.2581 and $0.3004. Despite a rebound of about 6.5% in the past week, it has fallen 25% over the last 30 days, with a six-month cumulative decline of up to 71%, indicating that the medium- to long-term trend remains under pressure.
On-chain data platform Santiment disclosed that large whales and major addresses holding between 100,000 and 100 million ADA have accumulated approximately 819.4 million ADA over the past six months, valued at about $213 million at current prices. Notably, this accumulation coincided with ADA's decline from $0.90 to $0.26, reflecting that well-funded participants are continuing to buy at low levels rather than panic selling.
GateNewsBot52m ago
HBAR Price Compresses at $0.10 as Breakout Risk Builds
HBAR trades around $0.10, showing a mix of bullish and bearish signals with critical resistance and support levels identified. Price action will define the next move, influenced by Bitcoin's performance and trading volume. A close above $0.1052 may prompt upward momentum, while a drop below $0.0961 risks further declines.
CryptoFrontNews58m ago
Matrixport: Circle Earnings Preview, Long Positions Hedge Growth Narrative
Matrixport analysis indicates that Circle is about to release its quarterly earnings report, and the market remains focused on its stablecoin business. Although stablecoins are considered a key growth area, the market is cautious about Circle's short-term performance, with high short positions. The earnings report may influence stock price fluctuations. Subsequent attention should be paid to the financial results.
GateNewsBot58m ago