Latest Updates for Jan. 16, 2026 – Crypto Extends Two-Day Decline; DePIN Tokens Sink Over 4%

AI, NFTs, and DePIN Fuel $WAL’s 70% Comeback

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The cryptocurrency market continued its decline for the second session in a row, with DePIN tokens leading the losses. Data from SoSoValue shows the DePIN sector is down 4.22% over the past 24 hours, weighed down by sharp declines in Filecoin (FIL), down 8.55%, and Golem (GLM), which is down 10.07%. Bitcoin It fell 1.1% to $95,000, while… Ethereum Gold remained relatively resilient, falling just 0.7% and settling near $3,300. Most sectors traded lower, although select tokens bucked the trend, including TRON (TRX), Dash (DASH), River (RIVER), and MemeCore (M). Sector indices reflected the weakness, with ssiGameFi, ssiDePIN and ssiSocialFi down 4.53%, 4.26% and 3.20% respectively.

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