The cryptocurrency market experienced a downturn on December 26, as indicated by the fear and greed index showing increased selling pressure. Non-fungible tokens (NFTs) were notably affected, dropping 7.38% within 24 hours. However, the AI and SocialFi sectors demonstrated resilience, with AI rising by 0.40% and SocialFi by 0.69%.
Among individual tokens, Bittensor (TAO) saw a modest increase of 1.05%, while 0G (0G) experienced a significant surge of 35.23%. In the SocialFi sector, Cheelee (CHEEL) recorded an impressive gain of 102.80%. Despite the overall market decline, some tokens in the DeFi, PayFi, and Layer1 sectors managed to maintain stability.
Crypto Market Sees Decline; NFTs Drop 7%, AI and SocialFi Show Gains
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