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As Bitcoin’s Downtrend Slows, the Memecoin Sector Continues to Decline! Here are the details

As the cryptocurrency market continues its downward trend, the Meme category is the sector that has seen the biggest decline over the past 24 hours.

According to data from SoSoValue, the Meme Index fell by 5.01% in 24 hours. MemeCore (M), which had seen strong growth in the previous period, attracted attention by falling 29.56% during the same period.

However, some meme tokens have shown movements contrary to the general market trend. BUILDon (B) increased by 11.24%, while $PIPPIN ($PIPPIN) stands out with an increase of 39.36%.

Ethereum($ETH), the second largest asset in the market, also felt the impact of the decline. Although the $ETH The price fell by 1.67% and managed to stay above the $2,000 level.

Bitcoin($BTC), however stood out from other major crypto assets with a relatively solid performance. THE $BTC The price increased by 1.13%, crossing the $70,000 threshold again.

When looked at by sector, the PayFi category fell by 0.82%, while Telcoin (TEL) saw an increase of 1.82% within this category. The DeFi category decreased by 0.85%; However, Hyperliquide (HYPE) recorded an increase of 3.26% during the day. Although the CeFi category saw a decline of 0.94%, Aster (ASTER) stood out with a positive rise of 8.19%.

The Layer 1 Index fell 1.87%, while Kaspa (KAS) rose 6.03%. The Layer 2 category saw a decrease of 1.91%; Stacks (STX) lost 3.20% of its value.

The data suggests that while general selling pressure continues in the market, some altcoins, and Bitcoin in particular, are showing greater resilience.

*This does not constitute investment advice.

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