Market Report: Top 5 cryptocurrencies by decline on December 31, 2025, with the largest drop being Morpho

Gate.io News Bot Message, December 31, 2025. According to CoinMarketCap market data, the overall cryptocurrency market is showing a mild correction trend, with mainstream tokens generally under pressure, with declines concentrated in the 2-4% range. The following are the top five cryptocurrencies by decline over the past 24 hours:

1️⃣ MORPHO (Morpho) 📉 Current Price: $1.12 | Decline: -3.85% 📊 24H High/Low: $1.17 / $1.12 | Market Cap: $420,444,112.30 ⚠️ The token is under overall market correction pressure, lacking clear positive support, with technical indicators showing a retracement trend.

2️⃣ SKY (Sky) 📉 Current Price: $0.59 | Decline: -3.35% 📊 24H High/Low: $0.61 / $0.59 | Market Cap: $1,361,281,365.49 ⚠️ Despite Sky Protocol’s ongoing buybacks and a cumulative market support investment of over $96 million USDS, large whale addresses have withdrawn significant amounts of tokens to wallets (withdrawing 3.7 million SKY worth $2.36 million), reflecting selling pressure in the market, partially offsetting the buyback positive effects.

3️⃣ CRV (Curve DAO Token) 📉 Current Price: $0.37 | Decline: -3.22% 📊 24H High/Low: $0.38 / $0.37 | Market Cap: $542,532,825.77 ⚠️ CRV has been in a downtrend since August. Although there was a technical rebound to $0.385 (about 16% increase), the rebound was a short-term correction rather than a trend reversal. Ongoing community governance disputes, including DAO rejecting a proposal to allocate 17.4 million CRV to the core development team, reflect governance disagreements that dampen market confidence.

4️⃣ MNT (Mantle) 📉 Current Price: $0.96 | Decline: -2.98% 📊 24H High/Low: $0.99 / $0.95 | Market Cap: $3,151,502,502.81 ⚠️ Public chain tokens are affected by the overall market correction, lacking short-term positive catalysts, with prices under retracement pressure.

5️⃣ FLR (Flare) 📉 Current Price: $0.108 | Decline: -2.61% 📊 24H High/Low: $0.11 / $0.107 | Market Cap: $874,813,167.64 ⚠️ Slight correction amid market adjustment, with technical indicators maintaining a weak consolidation pattern.

📉 Market Correction Summary and Risk Reminder: The current market shows a mild correction trend, driven mainly by profit-taking and macro risk sentiment. Among them, CRV faces governance disputes, SKY has buyback support but whale withdrawals reflect selling pressure, which investors should pay close attention to. It is recommended that investors remain cautious during the adjustment period, control risk exposure, and avoid blindly chasing gains or panicking sell-offs.

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