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Market Report: A list of the top 5 Crypto Assets with the largest fall on July 23, 2025, with the largest drop being Conflux.
Gate News Bot message, on July 23, 2025, according to CoinMarketCap market data, the overall cryptocurrency market is showing a downward trend, with most tokens experiencing varying degrees of pullback. The following are the top five coins with the largest falls in the past 24 hours:
1️⃣ CFX (Conflux) 📉 Current Price: $0.16 | Fall: -21.36% 📊 24H Highest/Lowest: $0.21 / $0.15 | Market Cap: $868,633,015 ⚠️ Conflux has seen a significant rise recently, which may trigger profit-taking, coupled with an overall market adjustment, leading to a short-term price pullback.
2️⃣ PUMP (Pump.fun) 📉 Current Price: $0.36 | Fall: -9.40% 📊 24H High/Low: $0.39 / $0.36 | Market Cap: $1,305,927,382 ⚠️ The Pump.fun project team has transferred a large amount of Token to the exchange, which may trigger selling pressure and lead to a price fall.
3️⃣ ENA (Ethena) 📉 Current price: $0.49 | Fall: -6.75% 📊 24H High/Low: $0.53 / $0.47 | Market Cap: $3,173,011,590 ⚠️ Large amounts of ENA Token transferred to the exchange may raise market concerns, coupled with the overall market adjustment, resulting in a price fall.
4️⃣ FET (Artificial Superintelligence Alliance) 📉 Current Price: $0.803 | Fall: -5.54% 📊 24H High/Low: $0.83 / $0.78 | Market Cap: $1,917,388,353 ⚠️ The overall market is adjusting, and FET is experiencing a pullback following the market.
5️⃣ S (Sonic) 📉 Current Price: $0.38 | Fall: -5.06% 📊 24H High/Low: $0.39 / $0.36 | Market Cap: $1,094,837,416 ⚠️ Sonic has just launched the first season airdrop, and some users may choose to sell for profit, leading to short-term pressure on the price.
📉 The current adjustment is mainly influenced by overall market sentiment, with some previously high-gaining Tokens showing significant pullbacks. Investors should closely monitor market changes and be aware of risks. The fall in different coins varies greatly, so it is recommended to analyze the fundamentals of each project rationally and operate cautiously.
This message is not an investment advice; investors should be aware of market volatility risks.