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

According to SoSoValue data on July 20th, the crypto market sector continued to pull back, with the Meme sector remaining 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% but recovered to above $64,000; Ethereum (ETH) rose 0.52% and traded in a narrow range around $1,800.

In other sectors, the Layer 2 sector fell 0.11% in 24 hours, while Mantle (MNT) was 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% during the session; the CeFi sector fell 0.41%, with Cronos (CRO) falling 2.30%; and the DeFi sector fell 0.60%, with Jupiter (JUP) bucking the trend to rise 1.73%.

Reflecting the historical performance of these sectors, the crypto sector indices show that the ssiMeme, ssiNFT, and ssiLayer1 indices rose 1.27%, 0.65%, and 0.45%, respectively.