The overall crypto market declined, with only Layer 2, SocialFi, and RWA sectors showing relative resilience.

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ODAILY
03-04
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According to data from SoSoValue, the crypto market as a whole trended downwards on Odaily 4th, with only Layer 2, SocialFi, and RWA sectors showing relative resilience, rising 1.35%, 1.57%, and 0.12% respectively in the past 24 hours. Within the Layer 2 sector, Mantle (MNT) rose 3.42%. In the SocialFi sector, Chiliz (CHZ) rose 5.69%. In the RWA sector, Sky (SKY) rose 1.42%. Meanwhile, the GameFi sector fell 12.34%, but Four (FORM) rose 20.40% and WEMIX (WEMIX) rose 4.30%.

Bitcoin (BTC) fell 0.93%, dropping below $69,000; Ethereum (ETH) fell 2.41%, dropping below $2,000.

In other sectors, CeFi fell 0.58%; Layer 1 fell 0.78%, with XDC Network (XDC) rising 9.41%; PayFi fell 1.42%, with SafePal (SFP) rising 1.93%; DeFi fell 1.42%, with River (RIVER) bucking the trend and rising 22.30%; Meme fell 3.36%; and AI fell 3.49%, but Kite (KITE) rose 10.67%.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiLayer2, ssiSocialFi, and ssiRWA indices rose by 1.93%, 1.68%, and 1.34%, respectively.

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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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