Cryptocurrency Sector Experiences a Broad Pullback, with a More Significant Pullback in the AI and PayFi Sectors, While the SocialFi and DeFi Sectors Demonstrate Relative Resilience

BlockBeats News, December 23rd. The cryptocurrency market as a whole experienced a pullback on December 23rd. The AI and PayFi sectors saw larger pullbacks, down by -4.38% and -4.45% respectively. The SocialFi and DeFi sectors showed relatively strong performance, each experiencing a slight pullback of -0.29% and -2.13%. Within the SocialFi sector, MovieBloc (MBL) and Galxe (GAL) stood out, with a 24-hour increase of 12.27% and 10.26% respectively. In the DeFi sector, Aave (AAVE) saw a 4.02% price increase over 24 hours.

In other sectors, the DePIN sector had a -2.55% decline, the RWA sector saw a -2.82% decline, the Meme sector experienced a -3.31% decline, the Layer 1 sector dropped by -3.65%, and the Layer 2 sector decreased by -3.66%.