Market Report: Top 5 cryptocurrencies by decline on January 4, 2026, with the largest drop being Story

IP-0.03%
FIL-0.15%
UNI0.37%
DOT-0.91%

Gate.io News Bot Message, January 4, 2026. According to CoinMarketCap market data, the overall cryptocurrency market is showing a correction trend, with several mainstream coins experiencing pullbacks. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:

1️⃣ IP (Story) 📉 Current Price: $2.10 | Decline: -3.23% 📊 24H High/Low: $2.19 / $2.04 | Market Cap: $719 million ⚠️ The altcoin sector is in a risk contraction cycle, with continuous capital outflows suppressing new coin valuations. Currently, about 84.73% of altcoins are trading below their TGE issuance levels. As a newly launched coin, Story also faces valuation adjustment pressures.

2️⃣ FIL (Filecoin) 📉 Current Price: $1.50 | Decline: -2.95% 📊 24H High/Low: $1.57 / $1.46 | Market Cap: $1.101 billion ⚠️ Overall market risk appetite has decreased, leading to adjustments in the storage sector. Filecoin has followed the market decline, and technical analysis still needs to observe whether key support levels can hold.

3️⃣ UNI (Uniswap) 📉 Current Price: $5.96 | Decline: -1.76% 📊 24H High/Low: $6.07 / $5.76 | Market Cap: $3.759 billion ⚠️ Although UNI recently received fundamental support due to the approval of the fee burn proposal (burning 100 million UNI tokens worth $596 million), the market still faces short-term profit-taking pressure. Technical analysis indicates that $5.50 is a critical supply-demand imbalance zone; bulls need to defend this level.

4️⃣ DOT (Polkadot) 📉 Current Price: $2.12 | Decline: -1.64% 📊 24H High/Low: $2.17 / $2.11 | Market Cap: $3.517 billion ⚠️ The long-term downtrend of Polkadot continues. Although it recently rebounded by 4.4%, the historical supply zone around $2.50 still exerts medium-term selling pressure. While the Web3 Foundation’s shift to targeted funding strategies is beneficial for the long term, it is unlikely to support the price in the short term.

5️⃣ LIT (Lighter) 📉 Current Price: $2.64 | Decline: -1.60% 📊 24H High/Low: $2.74 / $2.48 | Market Cap: $662 million ⚠️ LIT faced large-scale airdrop sell-off pressure shortly after launch, with $250 million in funds withdrawn from the Lighter platform. Although the Chailin capital flow indicator shows signs of buying on dips, ongoing airdrop releases and multiple whale short positions still pose short-term pressures.

📉 Market Summary The overall crypto market is in a mild correction phase, mainly influenced by risk contraction in altcoins and the release of new coin airdrops. Mainstream coins have experienced moderate declines, reflecting relatively stable market sentiment. However, attention should be paid to the continued selling pressure of airdrop tokens and the rebound heights within the long-term downtrend. The $2.50–$5.50 price range remains a key support and resistance zone for multiple coins. Investors should closely monitor fundamental changes and key technical levels to mitigate further correction risks.

⚠️ Risk Reminder: This message is for informational purposes only and does not constitute investment advice. The cryptocurrency market is highly volatile, and investments carry significant risks. Please operate cautiously, control your positions reasonably, and be aware of potential losses.

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