The crypto market is showing continued weakness today, with several mid-cap and high-beta altcoins slipping in the last 24 hours. The daily crypto losers update on 23 February list highlights tokens like PUMP, ZRO, SOL, MNT, and HYPE facing short-term selling pressure. This decline reflects cautious market sentiment, capital rotation, and profit booking trends that are currently shaping today’s top crypto losers update.
PUMP Current Price: $0.001922
Market Cap: $680.8M
Market Rank on CoinMarketCap: 67
24 hours Price Movement: Price down by 7.84% (24hr)
7 days Price Movement: Price down by 12.34% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, PUMP is currently trading near $0.001922. The price has dropped by 7.84% in the last 24 hours as compared to the previous levels. In the last 24 hours, PUMP price made a low of $0.001865
Why Pump.fun Price Dropped Today?
Insider selling pressure: Recent reports show large wallets — including team-linked addresses — sold billions of PUMP tokens. This increased supply in the market and weakened short-term sentiment.
Market-wide risk off mood: The broader crypto market declined, with Bitcoin slipping and liquidity moving out of high-risk meme and launchpad tokens like PUMP.
Uncertainty around transparency: News about team-related sales and exchange transfers created community concern, reducing confidence and triggering short-term selling.
ZRO Current Price: $1.61
Market Cap: $486.7M
Market Rank on CoinMarketCap: 78
24 hours Price Movement: Price down by 6.94% (24hr)
7 days Price Movement: Price down by 2.78% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, ZRO is currently trading near $. The price has dropped by % in the last 24 hours as compared to the previous levels. In the last 24 hours, ZRO price made a low of $1.4996
Why Layer Zero Price Dropped Today?
Altcoin sentiment weak today: Despite positive ecosystem news, investors moved money out of mid-cap altcoins as the market stayed cautious, which pushed ZRO lower in the last 24 hours.
Profit booking after recent announcements: ZRO saw strong attention due to Zero blockchain and institutional partnerships, so short-term traders booked profits after the news cycle.
Capital rotation narrative: Market focus shifted toward large caps and trending sectors, reducing short-term demand for interoperability tokens like ZRO and causing temporary price pressure.
SOL Current Price: $80.41
Market Cap: $45.75B
Market Rank on CoinMarketCap: 7
24 hours Price Movement: Price down by 5.75% (24hr)
7 days Price Movement: Price down by 5.25% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, SOL is currently trading near $80.41. The price has dropped by 5.75% in the last 24 hours as compared to the previous levels. In the last 24 hours, SOL price made a low of $77.32
Why Solana Price Dropped Today?
Market fear despite ETF inflows: Even though SOL ETFs attracted about $31M, the broader crypto market saw fund outflows. This risk-off mood pulled SOL down along with other altcoins.
Macro news driving selling: Global tariff concerns and geopolitical tension triggered market-wide selling, which impacted high-beta assets like Solana more sharply.
Short-term sentiment shift: After strong ETF narrative and ecosystem buzz, traders moved cautious in the last 24 hours, leading to temporary selling despite positive institutional flow headlines.
MNT Current Price: $0.5912
Market Cap: $1.92B
Market Rank on CoinMarketCap: 35
24 hours Price Movement: Price down by 6.25% (24hr)
7 days Price Movement: Price down by 6.31% (7d)

According to the CoinMarketCap website, MNT is currently trading near $0.5912. The price has dropped by 6.25% in the last 24 hours as compared to the previous levels. In the last 24 hours, MNT price made a low of $0.5827
Why Mantle Price Dropped Today?
Market sentiment overshadowed positive news: Even with Mantle ecosystem updates like Aave integration and AI narrative, the broader market weakness reduced investor appetite for mid-cap altcoins like MNT.
Capital rotation away from DeFi narratives: In the last 24 hours, traders shifted focus toward large caps and trending sectors, which lowered short-term demand for DeFi infrastructure tokens.
Cautious investor behavior: Ongoing market fear led investors to avoid newer institutional DeFi narratives, causing temporary selling pressure despite strong long-term ecosystem developments.
HYPE Current Price: $27.75
Market Cap: $7.18M
Market Rank on CoinMarketCap: 13
24 hours Price Movement: Price down by 6.98% (24hr)
7 days Price Movement: Price down by 6.5% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, HYPE is currently trading near $27.75. The price has dropped by 6.98% in the last 24 hours as compared to the previous levels. In the last 24 hours, HYPE price made a low of $27
Why Hyperliquid Price Dropped Today?
Profit booking after whale news: Arthur Hayes increasing HYPE holdings created strong attention earlier, but short-term traders used the news cycle to take profits, pushing price lower in the last 24 hours.
Market-wide altcoin pressure: The broader crypto market stayed weak, and high-beta DeFi trading tokens like HYPE faced stronger selling compared to large caps.
Mixed sentiment despite accumulation: While whale accumulation is trending, investors remain cautious about valuations, leading to temporary selling as the market digests the news.
Overall, today’s crypto losers reflect a broader market phase where sentiment remains cautious despite ongoing ecosystem developments and institutional narratives. Most declines appear driven by short-term positioning rather than project-specific negative news. As liquidity rotates and investors stay selective, tokens across meme, interoperability, Layer-1, and DeFi sectors are seeing temporary pressure, making daily crypto losers tracking important for understanding current market direction and sentiment shifts.
With 1 year of experience in the crypto space, Archi Sharma specializes in creating insightful and engaging content on blockchain, cryptocurrencies, and market trends. His writing helps readers understand complex topics while staying updated on the latest developments in the crypto world.