Market Report: Top 5 cryptocurrencies by decline on December 29, 2025, with PIPPIN experiencing the largest drop

Gate.io News Bot Message, December 29, 2025. According to CoinMarketCap market data, the altcoin sector continues to be under pressure, and the market risk contraction cycle is still ongoing. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:

1️⃣ PIPPIN (pippin) 📉 Current Price: $0.42 | Decline: -9.10% 📊 24H High/Low: $0.46 / $0.41 | Market Cap: $424,317,937.92 ⚠️ As a new token launched in 2025, PIPPIN faces a challenging environment with the entire altcoin market under pressure. Market data shows that approximately 84.73% of altcoins are trading below their TGE levels, making new coin dips a norm. Additionally, PIPPIN tokens are highly concentrated, with only about 93 wallets controlling 80% of the supply, significantly amplifying price fluctuation risks. The project’s fundamentals have not been updated sufficiently.

2️⃣ STRK (Starknet) 📉 Current Price: $0.82 | Decline: -1.94% 📊 24H High/Low: $0.84 / $0.808 | Market Cap: $409,027,649.66 ⚠️ Starknet, as a Layer 2 solution, experienced a relatively mild correction during the market risk contraction cycle, reflecting its relatively resilient infrastructure assets.

3️⃣ VET (VeChain) 📉 Current Price: $0.11 | Decline: -1.32% 📊 24H High/Low: $0.11 / $0.11 | Market Cap: $968,467,563.80 ⚠️ VeChain, an enterprise-level public chain, remains relatively stable with limited decline, supported by its practical applications in supply chain management.

4️⃣ DOT (Polkadot) 📉 Current Price: $1.86 | Decline: -1.16% 📊 24H High/Low: $1.90 / $1.83 | Market Cap: $3,072,005,527.43 ⚠️ As a leading public chain project, Polkadot has a large market cap and a relatively small decline, demonstrating its resilience akin to large-cap stocks.

5️⃣ SEI (Sei) 📉 Current Price: $0.11 | Decline: -0.99% 📊 24H High/Low: $0.11 / $0.11 | Market Cap: $752,287,616.89 ⚠️ Although the Sei blockchain gaming ecosystem experienced explosive growth in Q3, with daily active addresses reaching a record high, current market risk contraction still suppresses investor enthusiasm, resulting in a relatively mild decline.

📉 Market Adjustment Summary and Risk Warning

The current market is in a risk contraction cycle, with the altcoin sector under significant pressure. The new token dip rate has reached 84.73%, indicating substantial risk. Tokens like PIPPIN are highly concentrated, with volatile prices and notable risks. In comparison, leading public chains and projects with practical applications tend to be more resilient.

⚠️ Risk Warning: The altcoin market is highly volatile, and projects with concentrated holdings pose especially high price risks. Investors should avoid blindly following trends, exercise caution with new tokens, and manage risk exposure carefully. During market adjustments, it is advisable to reduce leverage, implement proper fund management, and operate cautiously.

This message does not constitute investment advice. Investors should be aware of market volatility risks.