Most crypto sectors see pullbacks, with only DePIN, AI, and SocialFi sectors remaining relatively resilient

Most crypto sectors see pullbacks, with only DePIN, AI, and SocialFi sectors remaining relatively resilient

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PANews, February 4 – According to SoSoValue data, most sectors in the cryptocurrency market saw a decline, with only the DePIN, AI and SocialFi sectors remaining relatively resilient, rising by 0.01%, 0.06% and 2.14% respectively over the past 24 hours. In the DePIN sector, Arweave (AR) rose 2.40%. In the AI ​​sector, Virtual Protocol (VIRTUAL) rose 1.33%, and Worldcoin (WLD) rose 2.03%; In the SocialFi sector, Toncoin (TON) rose 2.80%.

Additionally, Bitcoin (BTC) fell 3.10%, briefly falling below $73,000 before bouncing above $76,000; The price of Ethereum (ETH) is down 3.72%, once reaching $2,100 and now approaching $2,300.

Elsewhere, the Layer1 sector is down 2.12% in 24 hours, with Solana (SOL) down 5.00%, but Cosmos Hub (ATOM) up 5.49%. The memes sector fell by 0.38%, with Binance Live rising by 13.58% within the sector; The PayFi sector was down 0.96%, but Trust Wallet (TWT) was up 4.20%; The Layer2 sector fell 1.56%, with Polygon (POL) stock falling 3.74%. CeFi sector fell 1.70%, with one particular token linked to the exchange falling 2.11%; The DeFi sector fell by 1.93%, while Morpho Token (MORPHO) defied the trend and rose by 5.01%.

Cryptocurrency sector indices reflecting the historical performance of the sector show that ssiSocialFi, ssiDePIN and ssiAI rose by 2.56%, 0.68% and 0.42%, respectively.