Market Report: December 24, 2025, overview of the top 5 Crypto Assets by fall, with the largest fall being Midnight.

Gate News Bot news, on December 24, 2025, according to CoinMarketCap market data, the overall market is adjusting, with some popular coins experiencing significant falls, particularly privacy computing and DeFi related tokens facing considerable pressure. The following are the top five coins with the largest declines in the past 24 hours:

1️⃣ NIGHT (Midnight) 📉 Current Price: $0.75 | Fall: -22.51% 📊 24H High/Low: $0.96 / $0.74 | Market Cap: $1,260,160,401.39 ⚠️ Despite NIGHT rising 50% to reach an all-time high due to the heat of the Cardano ecosystem and investor demand in the early stages, it is currently experiencing a significant pullback. Although the market still shows net inflows, there is considerable pressure from profit-taking at high levels, highlighting the demand for valuation adjustments in the privacy computing sector.

2️⃣ PUMP (Pump.fun) 📉 Current Price: $0.16 | Fall: -9.61% 📊 24H Highest/Lowest: $0.18 / $0.16 | Market Cap: $601,510,667.92 ⚠️ Large holder's position loss triggers selling pressure. According to monitoring, a certain whale address lost 12 million USD after holding for two months and recently transferred a large amount of PUMP to the exchange for sale. In addition, the new evidence in the collective lawsuit regarding MEV trading related to Pump.fun, as well as negative events such as the previous developer fraud case, continue to impact market confidence.

3️⃣ MYX (MYX Finance) 📉 Current price: $3.09 | Fall: -8.58% 📊 24H High/Low: $3.36 / $3.05 | Market Cap: $777,254,136.56 ⚠️ Liquidity in DeFi derivatives protocols continues to flow out. Data shows that the total locked value (TVL) of MYX decreased by $1.16 million in 8 days, down to $22.64 million, reflecting ongoing capital withdrawal. The perpetual contract sector is under overall pressure, with derivative tokens such as MYX and HYPE experiencing double-digit falls.

4️⃣ MNT (Mantle) 📉 Current Price: $1.04 | Fall: -5.99% 📊 24H High/Low: $1.12 / $1.04 | Market Cap: $3,400,224,057.87 ⚠️ Large institutions continue to reduce holdings, putting pressure on the market. Dragonfly Capital has transferred a total of 6 million MNT (worth 6.95 million USD) to exchanges in the past 7 days, indicating that institutional investors are gradually exiting, leading to increased selling pressure in the market.

5️⃣ TAO (Bittensor) 📉 Current Price: $210.83 | Fall: -5.91% 📊 24H High/Low: $221.83 / $210.53 | Market Cap: $2,219,190,801.23 ⚠️ The AI Token sector is experiencing a correction. Although the industry has a positive outlook for AI Tokens in 2026, TAO is currently still in a pullback. Recently, Virtune launched the Bittensor ETP product on the Nasdaq Stockholm exchange, and institutional layouts are underway, but short-term market sentiment remains weak.

📉 Market Summary: The current market is in a correction phase, with privacy computing, DeFi derivatives, and some AI tokens experiencing significant falls. Large holders are reducing their positions, institutions are exiting, and factors such as litigation risks are putting pressure on the market. Although the overall decline has not reached extreme levels, the continuous outflow of liquidity and the release of profit-taking are worth noting. Investors should cautiously observe whether support levels can be maintained and remain alert to further downward risks.

⚠️ Risk Warning: The cryptocurrency market is highly volatile, and this report is based solely on the objective presentation of publicly available data, not as investment advice. Investors should independently assess market risks, manage their positions, and operate cautiously.