Here's what rhymes with downplaying.

Consider these alternatives

publicizing / rising minimizing / rising overshadowing / shadowing characterizing / rising refuting / including disputing / including emphasizing / rising exaggerate / late countering / encountering exaggerated / stated emphasising / leaving overblown / known refrained / obtained minimising / living criticizing / rising castigated / dated politicizing / rising muting / including underreporting / according underplayed / trade