Crypto market edges lower as NFT sector drops 5.19%, Meme tokens fall 3.69%

The broader crypto market slipped modestly on Aug. 13, led by weakness in the NFT and meme-token segments, according to SoSoValue data cited by PANews and Odaily. The NFT sector fell 5.19%, with Audiera (BEAT) extending its recent decline and dropping another 13.31% over 24 hours. The Meme sector lost 3.69%, while Pepe (PEPE) and OFFICIAL TRUMP (TRUMP) fell 5.61% and 6.58%, respectively. Other sectors were mixed, with small declines in Layer2, CeFi, Layer1 and PayFi, while SocialFi and DeFi posted gains. The moves point to softer risk appetite in higher-volatility corners of the digital-asset market even as some sectors and tokens outperformed.

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