Cryptocurrency Market Experiences Slight Pullback, with Layer 2 Sector Leading the Decline by 3.47%, While the SocialFi Sector Remains Relatively Resilient

Blockbeats
04-17

BlockBeats News, April 17th, according to SoSoValue data, the crypto market experienced a slight pullback, with the Layer2 sector leading the decline by 3.47%. Within the sector, Celestia (TIA) and Movement (MOVE) decreased by 7.38% and 12.28% in the last 24 hours, respectively.

The SocialFi sector remained relatively resilient, rising by 1.08%, among which Toncoin (TON) saw a 1.24% increase.

In other sectors, the Layer1 sector rose by 0.78%, with Solana (SOL) and Hyperliquid (HYPE) increasing by 3.25% and 4.32%, respectively; the CeFi sector rose by 0.52%, with LEO Token (LEO) and Bitget token (BGB) rising by 1.29% and 1.60%, respectively; the Meme sector rose by 0.25%, with Fartcoin (FARTCOIN) increasing by 3.80%; the PayFi sector rose by 0.52%, with Bitcoin Cash (BCH) and Ultima (ULTIMA) rising by 3.45% and 3.91%, respectively; the DeFi sector fell by 0.58%, but Raydium (RAY) saw a 3.08% increase.

Furthermore, the crypto sector index reflecting historical trends showed that the ssiSocialFi, ssiMAG7, and ssiCeFi indices rose by 0.75%, 0.48%, and 0.41% in the last 24 hours, with the ssiMAG7 enjoying a weekly return rate of 5.26%.

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