Market Report: Top 5 cryptocurrencies by decline on January 27, 2026, with WLFI experiencing the largest drop

Gate.io News Bot Message, January 27, 2026, according to CoinMarketCap market data, the crypto market is showing an overall adjustment trend. Under the dual influence of macro policy uncertainty and capital risk aversion, the market has differentiated, with some institutional-level projects facing adjustment pressures, while some ecosystem tokens perform relatively resilient. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:

1️⃣ WLFI (World Liberty Financial) 📉 Current price: $0.15 | Decline: -5.22% 📊 24H high/low: $0.16 / $0.15 | Market cap: $422 million ⚠️ The crypto project WLFI under the Trump family recently initiated an asset restructuring, converting a large amount of held WBTC into ETH (over $8 million), indicating a strategic shift towards Ethereum. Meanwhile, the community opposes due to governance voting disputes over the USD1 stablecoin proposal, with nine wallets controlling 59% of voting rights raising centralization concerns. Additionally, a whale opened a new short position of $1.3 million on WLFI, reflecting short-term bearish sentiment in the market towards this project.

2️⃣ IP (Story) 📉 Current price: $2.16 | Decline: -4.34% 📊 24H high/low: $2.24 / $2.11 | Market cap: $757 million ⚠️ The correction pressure on the Story token mainly stems from a decline in macro market risk appetite. Although the related ecosystem’s Hyperliquid HIP-3 DEX open interest hit a record high (exceeding $790 million), indicating increased derivatives activity, it has not effectively supported the main token’s price movement. Market makers like Wintermute continue to build positions in ecosystem tokens such as PIPPIN, suggesting institutional confidence in the long-term outlook, but short-term adjustments are ongoing.

3️⃣ MYX (MYX Finance) 📉 Current price: $5.76 | Decline: -3.04% 📊 24H high/low: $6.14 / $5.69 | Market cap: $1.45 billion ⚠️ As a DeFi ecosystem token, MYX Finance is under pressure amid market risk sentiment correction. The token lacks recent major positive news and is mainly dragged down by overall market adjustments. Risk-averse investors are reducing positions in medium-liquidity tokens.

4️⃣ M (MemeCore) 📉 Current price: $1.58 | Decline: -2.23% 📊 24H high/low: $1.63 / $1.57 | Market cap: $2.00 billion ⚠️ MemeCore, although with a relatively mild decline, reflects the overall correction in the Meme coin sector. Recently, the new Meme coin COPPERINUS on Solana launched 9 hours ago with a market cap exceeding $12 million, then retreated, indicating high volatility despite market heat. Additionally, assets related to Trump (TRUMP) experienced large transfers (worth $16 million), reflecting divided market sentiment.

5️⃣ XDC (XDC Network) 📉 Current price: $0.38 | Decline: -1.40% 📊 24H high/low: $0.39 / $0.38 | Market cap: $744 million ⚠️ As an enterprise-level blockchain solution token, XDC Network’s decline is relatively mild, reflecting its relatively stable fundamentals. It lacks recent major positive or negative news and is mainly affected by overall market adjustments, but shows relatively strong resilience.

📉 Market Summary The overall crypto market currently faces macro-level uncertainties. Expectations around Trump policies, Federal Reserve rate decisions, and other factors trigger risk aversion among investors. Although the White House has designated the US as the “Global Cryptocurrency Capital,” and Trump stated efforts to maintain the US’s crypto position, the market is still digesting the cautious attitude ahead of the FOMC meeting. Notably, institutional projects like WLFI are experiencing internal governance disputes and large position adjustments, which may further intensify market correction pressures. Overall, the market exhibits characteristics of “high-risk assets under pressure simultaneously, with increased volatility in leading projects.”

⚠️ Risk Warning

• This report is based on real-time market data analysis and is for reference only; it does not constitute investment advice.
• Crypto markets are highly volatile; please control risk exposure and position sizes reasonably.
• Pay particular attention to project governance transparency, institutional holdings changes, and other risk factors.
• Investors are advised to closely monitor the upcoming FOMC meeting (next week) and related policy adjustments.
• Meme coin trading is highly volatile and risky; retail investors should participate cautiously.

This message is not investment advice; please be aware of market volatility risks.