Crypto Market Extends Two-Day Slide: DePIN Tokens Plunge Over 4% | Jan. 16, 2026 Live Updates
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The digital asset correction deepens. For a second consecutive session, major cryptocurrencies are trading in the red, with the once-hot DePIN sector taking a disproportionate hit.
DePIN Takes the Brunt
Tokens powering decentralized physical infrastructure networks aren't just dipping—they're sinking. The sector's benchmark has shed more than 4% in the last 24 hours, a stark underperformance that's rattling recent momentum traders. It's the classic crypto shuffle: yesterday's narrative darling becomes today's liquidity exit.
The Broader Retreat
This isn't an isolated sector crash. The selling pressure is broad-based, suggesting a macro-driven risk-off move rather than a targeted correction. Watch for support levels on the major charts; a break below could trigger another wave of automated selling from over-leveraged positions. Always fascinating how 'decentralized' markets move in such perfectly synchronized fear.
Looking Ahead
The dip represents a stress test for conviction. For long-term believers, it's a potential accumulation zone amid the noise. For everyone else, it's a reminder that in crypto, gravity—and trader psychology—still applies. The market's just doing what it does best: separating impatient capital from strong hands, all while traditional finance pundits nod sagely about the 'inevitable bubble.' As if their quarterly earnings guidance is any less speculative.