The cryptocurrency market continued its downward trajectory on October 29, with most sectors experiencing losses. However, the SocialFi sector showed resilience, posting a 0.40% increase over the past 24 hours. Toncoin (TON) led the gains in this segment with a 1.39% rise.
In contrast, major cryptocurrencies faced declines, with Ethereum (ETH) dropping 3.71% to fall below $4,000, and Bitcoin (BTC) decreasing by 1.69% to approximately $112,000. Other sectors also suffered, with DeFi down 2.14% and Meme tokens declining by 3.00%, although some tokens like AERO and TRUMP managed to record gains.
SocialFi Sector Resilient Amid Crypto Market Decline
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