📉 The cryptocurrency market is showing a general downward trend today, with most tokens experiencing pullbacks of varying levels. Here are the performances of the three tokens that recorded the largest drops over the last 24 hours:

1️⃣ WIF (Dogwifhat)

📉 Current price: $0.84 | Drop: -9.07%

📊 24H high/low: $0.91 / $0.82 | Market cap: $839,099,842.91

⚠️ Profit-taking pressure after a recent strong increase is manifesting, and with the overall market pullback, this has led to a significant drop in WIF.

2️⃣ UNI (Uniswap)

📉 Current price: $6.91 | Drop: -8.62%

📊 24H high/low: $7.49 / $6.80 | Market cap: $4,345,863,720.20

⚠️ Competition in the DEX space is intensifying, and with the overall market decline, UNI’s price is under pressure.

3️⃣ ENA (Ethena)

📉 Current price: $0.25 | Drop: -7.72%

📊 24H high/low: $0.27 / $0.24 | Market cap: $1,616,402,182.14

⚠️ The upcoming unlocking event of 40 million tokens is raising concerns among investors, and the major moving averages are issuing a "sell" signal, leading to a drop in ENA’s price.

📉 The market as a whole is showing a pullback trend, likely due to profit-taking after a prior rise and short-term technical adjustments. Investors should closely monitor market movements, pay attention to risk management, and act cautiously. The drops in various tokens are significant, reflecting a currently cautious market sentiment. It is advisable for investors to remain calm and focus on the fundamental development and long-term value of the various projects.

$WIF $UNI $ENA