The cryptocurrency market is a wild beast, and today, it's showing its fangs! While some investors are celebrating new highs, a significant portion of the market is in a painful freefall. If you've been watching your portfolio bleed red, you're not alone. We're talking about double-digit percentage drops in just 24 hours for some major players. Is this the end of the bull run, or a golden opportunity for the brave? Buckle up, because we're diving deep into five coins that are taking a serious hit, analyzing their recent movements, and peering into their immediate future. Don't make a move until you read this!
LEO Token
LEO Token, often considered a stable asset within its ecosystem, has just witnessed a truly alarming plunge. Dropping over 21% in a single day is not something LEO holders are accustomed to. With a current price of $6.94, this sudden downturn has sent shockwaves, leaving many wondering if this is a temporary blip or a more fundamental shift. The swiftness of this decline suggests a large sell-off event, possibly triggered by broader market sentiment or specific news related to its utility or exchange. Investors are now on high alert, assessing whether this dip represents a discounted entry point or a warning sign to avoid further exposure.
- Current Price: $6.94
- 24h % Change: -21.21%
For LEO Token, if the market finds its footing, a rebound to $7.50 could be a realistic bullish target. However, continued pressure could see it test a critical support level around $6.20.
Zcash
Privacy coin Zcash, trading at $210.24, has also felt the full force of the market's recent volatility, registering a 20.28% loss in 24 hours. ZEC often shows increased price swings during periods of uncertainty, as investors debate the future of privacy-focused cryptocurrencies amidst regulatory scrutiny. This significant correction from its recent highs could be seen as a healthy pullback by some, offering a chance to enter at a lower valuation. For others, it signals a deeper correction might be underway, driven by a broader flight from riskier assets. The current price point is crucial, determining if it stabilizes here or continues its downward trajectory.
- Current Price: $210.24
- 24h % Change: -20.28%
Should Zcash regain momentum, a bullish push towards $235 could be on the cards. Conversely, watch for a breakdown below $195, which would indicate a test of lower support.
XRP
The XRP Army is no stranger to market drama, and today is no exception. With a current price of $1.23, XRP has dipped by 19.64% in the last 24 hours. This decline comes amidst ongoing legal developments and general market apprehension. XRP's price is notoriously sensitive to news, both positive and negative, making these sharp corrections a familiar sight for long-term holders. While a near 20% drop is painful, the community often views such moments as opportunities to accumulate more. The question now is whether the market will quickly absorb this selling pressure or if the dip will deepen, testing the conviction of its dedicated investor base.
- Current Price: $1.23
- 24h % Change: -19.64%
For XRP, a quick recovery could see it aim for $1.38 as a bullish target. However, if selling pressure intensifies, a move down to retest $1.10 as support is possible.
BUILDon
BUILDon, a lesser-known but equally impacted asset, has experienced a stomach-churning 19.17% drop, bringing its price down to $0.14. For smaller cap coins like B, these percentage drops can feel far more catastrophic, especially for those with less liquidity and greater sensitivity to market-wide trends. Such sharp declines can wipe out days or even weeks of gains in an instant. The current price indicates a struggle to maintain its recent valuation, and investors are closely watching to see if there's enough underlying support or development news to halt the slide, or if this marks the beginning of a longer bearish phase for the project.
- Current Price: $0.14
- 24h % Change: -19.17%
If BUILDon can find buyers, a bullish recovery towards $0.17 is conceivable. But a continued downtrend could see it fall to $0.12, a critical support level to monitor closely.
Pendle
Rounding out our list of significant movers is Pendle, currently priced at $1.20, after a substantial 18.92% loss. Pendle, a DeFi protocol focused on yield tokenization, often sees heightened volatility due to its niche market and exposure to the broader DeFi ecosystem. This near 19% drop indicates a strong wave of profit-taking or a reaction to shifts in DeFi liquidity and sentiment. For a token deeply intertwined with interest rate and yield dynamics, such a move warrants careful attention. The community will be looking for signs of stabilization or any upcoming protocol developments that could counteract this bearish pressure and restore investor confidence.
- Current Price: $1.20
- 24h % Change: -18.92%
A successful bounce for Pendle could target $1.32 in a bullish scenario. However, if the selling continues, look for strong support around the $1.08 mark to prevent further losses.
The crypto market's recent red wave is a stark reminder of its inherent volatility. While these significant drops can be frightening, they often present opportunities for those who understand the market's rhythm. Whether you see these as discount sales or flashing warning lights, careful research and a clear strategy are paramount. The next few hours and days will be critical in determining if these coins bounce back with renewed vigor or if further consolidation is on the horizon. Stay vigilant, stay informed, and always make decisions based on your own risk assessment!
Data from CoinGecko as of 2/6/2026 | Not financial advice – DYOR.
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