The cryptocurrency market experienced significant losses over the past 24 hours, with the Meme sector suffering the steepest declines, particularly in Pump.fun’s PUMP token.
The cryptocurrency market saw broad losses ranging from 2% to 6%, with the Meme sector leading the decline. Pump.fun’s PUMP token dropped 10.16%, and BUILDon’s B token fell 16.07%. Bitcoin decreased by 0.77%, falling below $115,000, while Ethereum dropped 2.96% under $4,400. Other sectors such as PayFi, CeFi, and Layer 1 also experienced losses, though some tokens like WLFI, ASTER, MOVE, and MERL saw gains.