Meme market verdict, BTC hits $87,750: Clear divergence among cryptocurrency sub-sectors

According to updates from SoSoValue, the cryptocurrency market is reflecting complex developments, with Bitcoin (BTC) trading around $87,750, while many sub-sectors are undergoing correction phases. Meme coins are becoming an interesting point of judgment within the community, as some assets break the overall market trend.

Advantages of Leading Sub-sectors

Ethereum (ETH) is currently trading around $2,890, demonstrating typical volatility of the broader market. In key sectors, SocialFi continues to assert its strength with Toncoin (TON), while PayFi is gaining investor interest, with Telcoin (TEL) as a prominent asset. The RWA (real-world assets) sector also shows significant activity, with MANTRA (OM) as a main representative, although current volatility indicates the market is in a correction phase compared to previous gains.

In other sectors, Layer 1 focuses on Sui (SUI), CeFi tracks the performance of OKB, Layer 2 includes Zora (ZORA), and DeFi is represented by Uniswap (UNI). These sectors show varying degrees of volatility, reflecting investor sentiment toward each specific field.

Meme coins re-evaluate the market: Unusual amid the overall trend

The Meme sector is a clear demonstration of market polarization. While most sectors are experiencing corrections, Fartcoin (FARTCOIN) still shows notable volatility, although it no longer maintains the previous exceptional gains. SPX6900 (SPX) is also among the Meme coins judged by investors, reflecting the role of meme coins as a strategic speculation tool during uncertain market phases.

AI decline: Reassessing industry momentum

The AI sector faces significant challenges, with widespread corrections across assets in this field. This is a notable sign compared to previous phases when AI tokens were considered primary growth drivers. NFTs also experience similar declines, with ApenFT (NFT) recording considerable volatility, reflecting negative sentiment within this sub-sector. These developments require investors to reassess prior assumptions about the long-term appeal of these technology fields.

Overall, the cryptocurrency market is going through a period where different sectors exhibit distinct behaviors, forcing the community to carefully evaluate opportunities and risks within each specific field.