Crypto Market Plunges: AI Agents and Memes Lead the Decline

Generated by AI AgentCoin World
Sunday, Feb 9, 2025 10:15 pm ET1min read
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The cryptocurrency market sector is experiencing a continued pullback, with AI Agents and Meme sectors seeing significant declines. According to SoSoValue data, the cryptocurrency market has generally continued to pull back, with the AI Agents and Meme sectors seeing significant declines, with 24-hour losses of 6.92% and 5.38% respectively.

The AI Agents sector has been experiencing a recent decline, with top projects Virtuals Protocol (VIRTUAL) dropping by 10.42%, Fartcoin (FARTCOIN) dropping by 9.58%, but the AI mainstream token ai16z (AI16Z) rising against the trend by 9.52%. The Meme sector has been in continuous correction, with Dogecoin (DOGE) falling by 4.59%, OFFICIAL TRUMP (TRUMP) falling by 14.08%, plummeting more than 80% from its previous high.

In other sectors, the CeFi sector saw a 2.27% decline, the Layer1 sector declined by 2.72%, the DeFi sector declined by 3.17%, the Layer2 sector declined by 3.66%, and the PayFi sector declined by 3.98%. Within these sectors, XRP fell by 4.03%, Stellar (XLM) fell by 7.44%, but Litecoin (LTC) rose against the trend by 2.65%.

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