Gate.io News Bot Message, February 23, 2026. According to CoinMarketCap market data, the cryptocurrency market is showing a correction trend, with mainstream coins and popular tokens experiencing varying degrees of pullback, notably cross-chain protocols and emerging platform tokens with more significant declines. The following are the top five tokens with the biggest drops in the past 24 hours:
1️⃣ ZRO (LayerZero)
📉 Current Price: $1.52 | Decline: -11.97%
📊 24H High/Low: $1.78 / $1.52 | Market Cap: $458,366,848.21
⚠️ Cross-chain infrastructure tokens are under pressure, possibly affected by market concerns over cross-chain security and profit-taking.
2️⃣ PUMP (Pump.fun)
📉 Current Price: $0.18 | Decline: -10.34%
📊 24H High/Low: $0.209 / $0.18 | Market Cap: $669,961,644.15
⚠️ Token issuance platform assets are adjusting, influenced by shifts in mainstream market sentiment, with decreased enthusiasm leading to increased selling pressure.
3️⃣ ZEC (Zcash)
📉 Current Price: $233.90 | Decline: -9.30%
📊 24H High/Low: $257.72 / $230.91 | Market Cap: $3,870,690,458.59
⚠️ Privacy coin assets are also pulling back, affected by overall market adjustments and reallocation of risk assets.
4️⃣ ENA (Ethena)
📉 Current Price: $0.96 | Decline: -8.81%
📊 24H High/Low: $0.105 / $0.95 | Market Cap: $791,648,406.60
⚠️ Synthetic stablecoin protocol tokens are under pressure, possibly facing reassessment of project sustainability and increased focus on technical risks.
5️⃣ PENGU (Pudgy Penguins)
📉 Current Price: $0.61 | Decline: -8.75%
📊 24H High/Low: $0.67 / $0.61 | Market Cap: $388,095,013.63
⚠️ NFT-related tokens are adjusting, influenced by decreased market risk appetite and profit-taking pressures.
📉 Market Correction Summary: The current market is in a mild correction phase, with the top five declining tokens all from innovative sectors, with overall drops ranging from 8.75% to 11.97%. Investors are advised to closely monitor market sentiment changes, manage positions prudently, and approach high-volatility assets with caution. This message is not investment advice; please be aware of market fluctuation risks when investing.
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
Lookonchain Weekly Report: Stablecoin Inflows Reach $53M Despite Trading Volume Decline
Gate News message, according to Lookonchain Weekly Report for April 20-26, 2026, liquidity remained flat with $53 million in stablecoin inflows. Both CEX spot and perpetual trading volumes experienced sharp week-over-week declines. Public companies added 4,189 BTC valued at $321.5 million during thi
GateNews1h ago
Gate Daily Report (April 27): Comments related to the Trump shooting incident boost the TRUMP coin; the U.S. Department of the Treasury will include Venmo in debt-inquiry donation payments
Bitcoin (BTC) sees a sharp short-term surge and rebound, temporarily trading at around $78,900 as of April 27. Trump’s provocative remarks about the shooting incident boosted the prices of meme coins such as TRUMP, MAGA, and DJT, because a carefully crafted narrative has once again come back into view. The U.S. Treasury has moved Venmo into the debt donation payment channel, after the previously strategic Bitcoin reserve bill stalled.
MarketWhisper16h ago
Justin Sun Skips Trump Memecoin Event Amid Legal Dispute with World Liberty
Gate News message, April 26 — Justin Sun, one of the largest investors in the TRUMP token, notably did not attend a memecoin-themed event hosted by US President Donald Trump at Mar-a-Lago in Florida this year, marking a significant shift from his prominent appearance at a similar event last year.
T
GateNews22h ago
DeFi United Reaches $300M as Consensys, Lubin Pledge 30,000 ETH
Ethereum development studio Consensys and founder Joseph Lubin have pledged 30,000 ETH to DeFi United, a coordinated relief effort for Kelp DAO exploit losses, pushing the campaign past $300 million on Monday. Circle Ventures and Aave have also announced support, with the total effort now having rai
CryptoFrontier23h ago
Aave, Kelp, LayerZero Propose Releasing $71M in Frozen ETH to Support rsETH Recovery
Gate News message, April 26 — A coalition of major DeFi protocols led by Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking the Arbitrum DAO to release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol
GateNews04-26 14:33
Litecoin Undergoes Deep Chain Reorganization After MWEB Privacy Layer Zero-Day Exploit
Gate News message, April 26 — Litecoin experienced a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, according to the Litecoin Foundation. The reorg spanned blocks 3,095,930 to 3,095,943 and
GateNews04-26 12:11
