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Market Report: Top 5 cryptocurrencies by decline on November 8, 2025, with Dash experiencing the largest drop.
Gate.io News Bot Message, November 8, 2025, according to CoinMarketCap data, the cryptocurrency market has experienced a certain degree of correction, with most tokens showing a downward trend. The following are the top five cryptocurrencies with the largest declines in the past 24 hours:
1️⃣ DASH (Dash) 📉 Current Price: $96.20 | Decline: -15.81% 📊 24H High/Low: $123.82 / $95.84 | Market Cap: $1,200,246,855 ⚠️ Dash’s recent rapid increase may trigger profit-taking, and combined with the overall market correction, has led to a sharp short-term decline.
2️⃣ LEO (UNUS SED LEO) 📉 Current Price: $9.17 | Decline: -1.57% 📊 24H High/Low: $9.36 / $8.63 | Market Cap: $8,463,509,432 ⚠️ LEO experienced a slight correction following the broader market, but the decline is relatively small, indicating some resilience.
3️⃣ KAS (Kaspa) 📉 Current Price: $0.51 | Decline: -0.309% 📊 24H High/Low: $0.53 / $0.48 | Market Cap: $1,396,213,683 ⚠️ Kaspa experienced a minor decline, remaining relatively stable, possibly influenced by overall market sentiment.
4️⃣ USDT (Tether USDt) 📉 Current Price: $0.99 | Decline: -0.25% 📊 24H High/Low: $1.00 / $0.99 | Market Cap: $183,334,039,612 ⚠️ As a stablecoin, USDT’s price fluctuations are minimal, slightly deviating from the $1 peg, reflecting market cautiousness.
5️⃣ DAI (Dai) 📉 Current Price: $0.99 | Decline: -0.11% 📊 24H High/Low: $1.00 / $0.99 | Market Cap: $5,364,924,715 ⚠️ DAI, as a decentralized stablecoin, also shows slight deviations but remains relatively stable.
📉 Overall, the market is showing signs of correction, with major tokens declining to varying degrees. Dash leads the decline, possibly due to previous rapid gains triggering a correction. Stablecoins USDT and DAI exhibit slight fluctuations, reflecting cautious market sentiment. Investors should closely monitor market trends, operate cautiously, and implement proper risk management.
This message is not investment advice. Please be aware of market volatility risks when investing.