PANews reported on May 12 that according to SoSoValue data, the crypto market experienced a slight correction after a continuous rise. Among them, Bitcoin (BTC) rose above $105,000 and then fell back to around $104,000, still up 0.11% in 24 hours. Ethereum (ETH) began to fall after rising for three consecutive days last week, falling 0.82% in 24 hours, but still maintained above $2,500. In addition, the AI sector was relatively strong, with AIXBT, Virtuals Protocol (VIRTUAL), and ai16z (AI16Z) rising 8.32%, 8.76%, and 10.48% respectively.
It is worth mentioning that although the Meme sector fell by 0.17% in 24 hours, some tokens in the sector performed well. Among them, Pepe (PEPE), dogwifhat (WIF), PNUT, and MOO DENG (MOODENG) rose against the trend by 10.35%, 13.74%, 29.96%, and 132.67%, respectively.
In terms of other sectors, the Layer1 sector fell 0.08% in 24 hours. Within the sector, TRON (TRX) and Kaspa (KAS) rose 1.21% and 8.33% respectively; the PayFi sector fell 0.97%, the DeFi sector fell 1.16%, and the RWA sector fell 1.18%. Among them, Plume (PLUME) was relatively strong, rising 7.19% during the session; the CeFi sector fell 1.32%, and the Layer2 sector fell 2.59%, but Mantle (MNT) rose 2.08%.
