Market Report: Overview of the top 5 cryptocurrencies with the biggest declines on February 1, 2026, with River experiencing the largest drop.

IP-1,47%
WLFI-7,86%
JUP1,77%

Gate.io News Bot Message, February 1, 2026. According to CoinMarketCap market data, the overall cryptocurrency market is showing a correction trend, with several popular coins experiencing pullbacks. The following are the top five performers in the past 24 hours with the largest declines:

1️⃣ RIVER (River) 📉 Current Price: $23.69 | Decline: -32.29% 📊 24H High/Low: $35.43 / $23.69 | Market Cap: $464,507,569.11 ⚠️ RIVER experienced a deep technical correction after nearly a 500% surge in early 2026. After reaching a historical high of $87.73 at the beginning of the year, the recent rapid rally has led to profit-taking pressure being released, on-chain risk indicators have started to appear, and liquidity is facing tests.

2️⃣ IP (Story) 📉 Current Price: $1.41 | Decline: -18.65% 📊 24H High/Low: $1.72 / $1.41 | Market Cap: $493,709,026.06 ⚠️ The Story token experienced a short-term correction during the overall market adjustment. Although Sony Innovation Fund’s continued investment in the related ecosystem reflects the development potential of the IP narrative, recent market risk appetite decline has put this coin under pressure.

3️⃣ WLFI (World Liberty Financial) 📉 Current Price: $0.12 | Decline: -16.48% 📊 24H High/Low: $0.15 / $0.12 | Market Cap: $3,405,190,067.60 ⚠️ WLFI showed a significant correction amid market adjustments. Although the project recently underwent strategic asset reorganization (swapping WBTC for ETH), under the background of shifting market risk sentiment and macro adjustments, it remains difficult to immune from the overall downward pressure.

4️⃣ JUP (Jupiter) 📉 Current Price: $0.17 | Decline: -13.46% 📊 24H High/Low: $0.21 / $0.16 | Market Cap: $578,218,052.98 ⚠️ JUP’s airdrop expectations once pushed the price up to $0.2217, but with market correction and profit-taking, short-term gains are facing retracement pressure. Although the 200 million JUP airdrop is expected to provide support, speculative capital exiting rapidly caused the price to fall back quickly.

5️⃣ VIRTUAL (Virtuals Protocol) 📉 Current Price: $0.64 | Decline: -12.03% 📊 24H High/Low: $0.73 / $0.604 | Market Cap: $423,119,913.54 ⚠️ VIRTUAL experienced correction pressure amid the market adjustment wave, with the price falling from the intraday high of $0.73 to the current level, reflecting a general decline in market risk appetite and a significant weakening of bullish momentum.

📉 Market Adjustment Summary: After reaching a high at the beginning of 2026, the cryptocurrency market entered a correction cycle. The top five coins with the largest declines all experienced double-digit drops. Among them, RIVER, as the biggest star project at the start of the year, saw the most intense decline under profit-taking pressure, and on-chain risk indicators have begun to surface. Overall, market risk appetite has clearly decreased. Investors should be cautious of short-term volatility risks and carefully manage positions and leverage exposure.

⚠️ Risk Reminder: Cryptocurrency markets are highly volatile. This report is for objective market information only and does not constitute investment advice. Investors should fully understand market risks, avoid chasing highs or blindly bottom-fishing, and operate cautiously according to their own risk tolerance. It is recommended to monitor market correction depth and make decisions after market sentiment stabilizes.

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

TAO Plummets 25% as Bittensor Co-Founder Accused of Using Token Sales to Coerce Compliance

Bittensor's TAO token dropped 25% due to allegations of centralized control by co-founder Jacob Steeves, resulting in $650 million market cap loss and $9.1 million liquidations. The controversy raises concerns about the project's governance.

Coinpedia1h ago

Market panic too extreme? MicroStrategy founder: Bitcoin has already hit bottom, quantum threats are overblown fears

Michael Saylor asserts that Bitcoin has already completed a bottoming process at $60k, and he believes concerns about threats from quantum computers are exaggerated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he mentioned that there is limited selling pressure in the market, which could help drive a new bull cycle. Mizuho also has a positive assessment of his company’s future performance.

CryptoCity2h ago

ILV Skyrockets 34% — What’s Fueling This Surge?

Illuvium's ILV price surged to $5.6, marking a 33.97% increase in just one hour, with a 24-hour trading volume of $1.88 million. This spike reflects heightened market activity and interest, driven by increasing user engagement and positive sentiment in the broader cryptocurrency market. Traders are monitoring key support and resistance levels for future price direction.

Coinfomania2h ago

Grayscale Says Aave Could Become Household Name

Grayscale says Aave could become mainstream, highlighting its decentralized lending model without intermediaries. Bank of Canada finds Aave has lower margins due to reduced costs but flags risks from leveraged trading. Governance issues and liquidations persist, though upgrades and ETF

CryptoFrontNews3h ago

Bitcoin Posts Its Strongest Weekly Gain Since October 2025: CPI Cooldown and US-Iran Ceasefire Provide a Double Boost, Lifting the Price to $73K

Bitcoin’s weekly gain this week reached nearly 7%, marking the strongest single-week performance since October 2025, as the U.S. core CPI data came in below expectations and a ceasefire agreement between Iran and Israel boosted market sentiment. The price briefly broke through $73,000. Market expectations have intensified that the Federal Reserve may start cutting rates sooner, and technical indicators show volatility compression, suggesting that significant price swings may be ahead. In the short term, attention should be paid to the ceasefire negotiations and the Federal Reserve’s policy direction.

ChainNewsAbmedia4h ago

Market overreacting in panic? MicroStrategy founder: Bitcoin has already bottomed out, quantum threats are overblown concern

Michael Saylor claims Bitcoin already completed its bottoming process when it reached $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that in the future, Bitcoin will become the core of the digital credit system, and he also notes that there is limited selling pressure in the market, which could help drive a new bull run. Mizuho, meanwhile, has a positive assessment of the company’s future performance.

CryptoCity5h ago
Comment
0/400
No comments