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      Crypto market rebounds slightly, AI sector up 3.63%, only Meme and CeFi sectors decline

      PANews reported on October 16 that, according to SoSoValue data, the crypto market sectors showed an overall slight upward trend, with the AI sector performing notably well, rising 3.63% in 24 hours. Among them, Akedo (AKE) rose 16.45% and Venice Token (VVV) rose 10.25%. Meanwhile, Bitcoin (BTC) rose 0.54%, breaking above $82,000; Ethereum (ETH) rose 0.78%, breaking above $2,400.

      In other sectors, the DePIN sector rose 2.54% in 24 hours, with Grass (GRASS) up 9.34%; the Layer2 sector rose 2.11%, with Starknet (STRK) up 11.48%; the PayFi sector rose 1.94%, with Zcash (ZEC) up 7.92%; the DeFi sector rose 1.46%, with Curve DAO (CRV) up 7.56%; and the Layer1 sector rose 1.16%, with Injective (INJ) up 13.88%.

      In addition, the Meme sector fell 0.26%, but Pons (PONS) rose 9.40%; the CeFi sector fell 0.22%, with OKB down 3.29%.

      The crypto sector indices reflecting historical sector performance showed that the ssiAI, ssiDePIN, and ssiRWA indices rose 3.87%, 3.24%, and 2.92%, respectively.


      Source: PANews
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