Svmuu News, July 7: According to data from SoSoValue, the crypto market experienced a pullback after several consecutive days of gains. The Meme sector fell 2.72% over the past 24 hours, Within the sector, Bonk (BONK) fell 8.57%, while MemeCore (M) and BUILDon (B) dropped 13.17% and 19.36%, respectively.
As for other sectors, the Layer 2 sector fell 0.36% over the past 24 hours, though ImmutableX (IMX) rose 4.27%; the DeFi sector fell 0.44%, while EdgeX (EDGE) bucked the trend and rose 29.92%; The Layer 1 sector fell 0.69%, while NEAR Protocol (NEAR) held up relatively well, rising 2.89%; the CeFi sector fell 0.74%, with Bitget Token (BGB) down 3.17%; The PayFi sector fell 0.96%, while Trust Wallet (TWT) rose 1.39% during intraday trading;
The SocialFi sector remained relatively resilient, rising 0.35% over the past 24 hours, with Gram (GRAM) up 0.57%.
Crypto sector indices, which reflect historical sector performance, showed that the ssiSocialFi index rose 0.20%, while the ssiAI and ssiMeme indices fell 2.55% and 2.27%, respectively.
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The crypto sector saw widespread declines, with the Meme sector falling nearly 3%; only the SocialFi sector held up relatively well.
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