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

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.