Market Report: Top 5 cryptocurrencies by decline on January 13, 2026, with the largest drop being Lighter

Gate.io News Bot Message, January 13, 2026, according to CoinMarketCap market data, the cryptocurrency market has experienced a correction, with some tokens under pressure and declining. The following are the top five performers with the largest declines in the past 24 hours:

1️⃣ LIT (Lighter) 📉 Current Price: $2.16 | Decline: -17.66% 📊 24H High/Low: $2.69 / $2.09 | Market Cap: $541,185,036.77 ⚠️ A whale holding 1x LIT long positions is currently floating a loss of over $1.8 million, putting market bullish sentiment under pressure; despite the launch of the buyback mechanism and positive news such as 24-hour trading days for stocks, recent price corrections indicate significant profit-taking pressure.

2️⃣ RENDER (Render) 📉 Current Price: $2.35 | Decline: -8.31% 📊 24H High/Low: $2.62 / $2.35 | Market Cap: $1,223,515,028.49 ⚠️ Although Render Network integrates top generative AI tools like Runway and Black Forest Labs, and ecosystem expansion is positive, declining market risk appetite has led to adjustments in the AI sector, causing RENDER to fall from recent highs.

3️⃣ ENA (Ethena) 📉 Current Price: $0.21 | Decline: -7.59% 📊 24H High/Low: $0.23 / $0.21 | Market Cap: $1,709,235,455.50 ⚠️ The Dubai Financial Services Authority (DFSA) has clarified that algorithmic stablecoins are not recognized under new regulations, excluding Ethena from the “fiat-backed crypto tokens” category, increasing regulatory risk; large token transfers out of exchanges are frequent, and market sentiment remains cautious.

4️⃣ NIGHT (Midnight) 📉 Current Price: $0.66 | Decline: -6.41% 📊 24H High/Low: $0.72 / $0.65 | Market Cap: $1,101,424,492.69 ⚠️ After Dubai banned privacy coin trading, privacy feature tokens like NIGHT were affected. Although the privacy USD stablecoin ShieldUSD was launched to demonstrate innovative applications, tightening regulations have negatively impacted market expectations.

5️⃣ FET (Artificial Superintelligence Alliance) 📉 Current Price: $0.28 | Decline: -6.16% 📊 24H High/Low: $0.31 / $0.27 | Market Cap: $652,854,934.48 ⚠️ Large FET transfers from BitGo to anonymous addresses (worth $11.52 million) have put market liquidity under pressure; despite aggressive bullish accumulation, the overall AI sector correction has caused FET to decline in tandem.

📉 Market Correction Summary Today’s market shows a general downward trend, with policy risks being the main pressure source. Dubai’s new regulatory restrictions on stablecoins and privacy coins have triggered market concerns, with noticeable impacts on ENA and NIGHT; LIT has fallen sharply under whale floating losses and profit-taking pressure; AI tokens RENDER and FET have also declined with market sentiment. Investors are advised to closely monitor regulatory developments and on-chain whale activity to avoid risks.

⚠️ Risk Warning This message is for informational purposes only and does not constitute investment advice. The cryptocurrency market is highly volatile, involving policy risks, liquidity risks, and technical risks. Investors should fully understand market risks, operate cautiously, avoid blindly chasing gains or panic selling, control investment size, and make rational decisions.