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Crypto Assets Enter Accumulation Zone as Market Pullback Deepens As of 2nd February

Crypto Assets Enter Accumulation Zone as Market Pullback Deepens As of 2nd February

BlockchainReporterBlockchainReporter2026/02/03 00:00
By:BlockchainReporter

According to a new crypto report released by Phoenix Group on February 2, 2026, several large assets have entered what the analysts call an accumulation zone. The chart has identified a cluster of tokens that are registering significant losses in price per week with an increased trading volume, which is normally linked to long-term positioning by the larger market players.

TOP ASSETS IN THE ACCUMULATION ZONE$RENDER $FIL $BONK $DASH $IP $STX $CRV $DCR $FLOKI $KAIA pic.twitter.com/7KoyCWN3ad

— PHOENIX – Crypto News & Analytics (@pnxgrp) February 2, 2026

The accumulation phase is usually observed when sales pressure decelerates, prices stabilize, and volume rises and carries the implication that consumers might be purchasing the supply in times of market weakness.

Render and Filecoin Lead by Crypto Market Capitalization

The biggest listed asset in terms of market capital is currently Render (RENDER) with a market capital of about $790.0 million. During the last seven days, RENDER has fallen by 20.40 percent and it is well inside the accumulation range. Filecoin (FIL) comes next with a market capitalization of $772.2 million and a weekly decline of 17.55 percent, indicating that the trend of volatility remains high in decentralized storage crypto tokens.

Both crypto assets are under close monitoring as they have a good infrastructure story and have steady on-chain activity.

Bonk, Dash, and Story See Steep Weekly Corrections

Among the more notable meme-based assets, Bonk (BONK) has a market cap of $616.8 million, having decreased by 18.27 percent in the last seven days. Dash (DASH) fell by a more pronounced 25.38 per cent, taking its market capitalization to $548.5 million because the privacy-oriented assets have now been subjected to fresh selling pressure.

Story (IP) had the highest weekly loss of the larger-cap crypto assets, which fell 36.91 percent to a market cap of $491.0 million. Although the movement is sharp, high activity indicates that there are some traders who might have been positioning in case of a possible rebound.

Stacks and Curve Reflect Broader DeFi Weakness

Stacks (STX) now has a market capitalization of $461.6 million after dropping by 13.11 percent in a week. Being a Bitcoin-related smart contract platform, STX has been vulnerable to market sentiment at large.

One of the major decentralized finance tokens, Curve (CRV), has also moved into the accumulation region. CRV has a market value of $410.9 million and has declined by 20.35 percent in the last seven days, which is part of the ongoing trend of pressure in DeFi crypto governance tokens.

Decred Stands Out With Weekly Gains

The only asset on the list that shows a positive performance in a week is Decred (DCR). The token increased by 5.34 percent in the last seven days, but with a market capitalization of $327.3 million. Its comparative resilience in the face of wider declines has attracted the scrutiny of crypto traders who are tracking defensive positioning.

FLOKI and Kaia Complete the Crypto Accumulation List

FLOKI (FLOKI) now has a market capital of $327.1 million, and it has dropped by 17.92 percent in a week. In the meantime, Kaia (KAIA) has experienced a decline of 26.27 percent in the same time frame and its market capitalization is now estimated to be at $321.7 million.

Both assets demonstrate the indications of increasing trading, which supports the overall accumulation narrative.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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