Recently, the cryptocurrency market has experienced drastic fluctuations. Animal-themed tokens, represented by 'Big Dog', have skyrocketed, causing market turbulence and leading Bitcoin to end its seven-day upward trend, with numerous altcoins also experiencing significant declines, resulting in an overall weak market performance, with some coins hitting intraday lows.

Despite this, Bitcoin successfully rebounded during the US trading session, providing a brief respite for the market; otherwise, the declines in altcoins could have been even more severe. Notably, the XRP token, after a plunge, managed to reach a new intraday high, its surge having a certain impact on the market. At the same time, other tokens like TRX also saw significant increases, but tokens such as PEPE, XLM, FLOKI, and NEIRO, despite also rising sharply, failed to effectively boost overall market sentiment.

On the gainers list, the REP token leads with an astonishing 70% increase, while tokens like DEGEN, DARAM, and LADYS achieved around 50% surges, the ACT token rose by 25%, and the XLM token increased by 17%.

However, the market is not all about gains; some tokens have suffered heavy losses. For instance, the PAAL token crashed by 66%, and the reason for its plunge remains unclear, possibly related to the token's lack of acceptance by mainstream exchanges. Additionally, tokens such as INSC, ELON, AGLD, CRO, HMSTR, KISHU, BIGTIME, RUNECOIN, PRCL, SAGA, RATS, FET, People, X, ENS, RAY, APT, SATS, FTM, BCH, ARKM have also seen sharp declines.

Don't be afraid of the plummet; it’s just uncertain whether it will settle in one go. In any case, it’s much more cost-effective than buying before the adjustments. If there’s another significant drop in the short term, it won’t be a concern.