Crypto market consolidates sideways, NFT sector rises 4.93%
Odaily News, August 24 – According to SoSoValue data, the crypto market is consolidating sideways, with the NFT sector performing notably, rising 4.93% in 24 hours. Among them, Pudgy Penguins (PENGU) gained 12.28%, SuperVerse (SUPER) rose 10.12%, while ApeCoin (APE) fell 1.09%. Meanwhile, Bitcoin (BTC) declined 0.03%, slipping below the $78,000 mark, and Ethereum (ETH) rose 0.43%, holding above $2,400.
Other standout sectors include: the RWA sector, which rose 2.73% in 24 hours, with Pendle (PENDLE) up 8.24% and Sky (SKY) gaining 3.61%; the Layer 2 sector rose 2.39%, with Mantle (MNT) up 4.46%; and the DeFi sector gained 0.76%, with Morpho Token (MORPHO) surging 20.88%.
In other sectors, the CeFi sector fell 0.26%, though Aster (ASTER) managed a 3.44% gain; the Layer 1 sector declined 0.42%, with Zcash (ZEC) showing relative strength, up 4.19%; the Meme sector slipped 0.81%, while OFFICIAL TRUMP (TRUMP) bucked the trend with a 6.47% rise; and the PayFi sector dropped 1.19%, with Trust Wallet (TWT) ticking up 1.23% during intraday trading.
According to the crypto sector index reflecting historical sector performance, the ssiNFT, ssiRWA, and ssiAI indices rose 6.67%, 2.66%, and 2.30%, respectively.
