The crypto market sectors generally fell back, only NFT and PayFi sectors maintained their growth

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Foresight News reports that according to SoSoValue data, the crypto market sector generally pulled back, with BTC falling 1.15% in 24 hours, briefly dropping below $93,000; ETH declined 2.36%, falling below $1,800. Only the Non-Fungible Token and PayFi sectors maintained growth, with the Non-Fungible Token sector rising 3.47%, where Pudgy Penguins (PENGU) continued to rise recently, increasing 30.59% in 24 hours, and Magic Eden (ME) rising 6.92%; the PayFi sector grew 2.60%, with XRP and Monero (XMR) rising 3.22% and 17.79% respectively.

Meanwhile, the crypto sector index reflecting historical market trends showed that ssiNFT and ssiPayFi indices rose 6.42% and 2.40% in 24 hours, with ssiNFT's weekly return reaching 38.47%. Another standout performer was Walrus (WAL), a decentralized storage protocol in the Sui ecosystem, which increased 17.86% in 24 hours.

In other sectors, CeFi fell 0.62%, Layer1 dropped 1.54%, MEME sector declined 1.69%, with Bonk (BONK) and Fartcoin (FARTCOIN) rising 4.05% and 10.24% against the trend; AI sector fell 2.50%, but Bittensor (TAO) and ai16z (AI16Z) rose 1.51% and 2.01% respectively; DeFi sector dropped 3.29%, and Layer2 sector declined 4.10%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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