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Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines

Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines

The crypto market turned lower after several days of gains, with sector performance data pointing to renewed caution across digital assets. Figures from SoSoValue showed losses spreading through most major crypto categories over the past 24 hours, while broader market indicators also reflected weaker prices and subdued investor sentiment.

Although several individual tokens posted gains despite the decline, the Meme sector recorded the highest daily loss among the major narratives, contrasting with the SocialFi sector, which remained one of the few areas to finish the session in positive territory.

Meme Sector Records the Largest Daily Decline

According to SoSoValue data, the Meme sector fell by 2.72% over the past 24 hours, making it…

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