The crypto sector continues to correct, while the Meme sector remains relatively resilient

Odaily Odaily News On July 20, according to SoSoValue data, the cryptocurrency market sectors continue to correct. The Meme sector is relatively resilient, rising 0.56% in 24 hours. Among them, Pepe (PEPE) rose 4.38%, BUILDon (B) rose 31.65%, and Pump.fun (PUMP) rose 22.76%. Meanwhile, Bitcoin (BTC) fell 0.25%, recovering to above $64,000; Ethereum (ETH) rose 0.52%, trading narrowly around $1,800.

In other sectors, the Layer 2 sector fell 0.11% in 24 hours, with Mantle (MNT) relatively resilient, rising 1.55%; the Layer 1 sector fell 0.14%, but Canton Network (CC) rose 3.15%; the PayFi sector fell 0.31%, with Telcoin (TEL) surging 5.05% intraday; the CeFi sector fell 0.41%, with Cronos (CRO) falling 2.30%; the DeFi sector fell 0.60%, with Jupiter (JUP) bucking the trend and rising 1.73%.

The crypto sector indices, reflecting historical sector performance, show that the ssiMeme, ssiNFT, and ssiLayer1 indices rose by 1.27%, 0.65%, and 0.45%, respectively.