Meme Sector Drops 2.72% While SocialFi Rises 0.35% in Crypto Correction
2026-07-07 10:15

Woofun AI data shows that the broader crypto market underwent a correction following consecutive days of gains, with the Meme sector declining by 2.72% over 24 hours. Within this group, BONK fell by 8.57%, while MemeCore (M) and BUILDon (B) dropped by 13.17% and 19.36% respectively.

The SocialFi sector remained resilient, rising by 0.35% with Gram (GRAM) up 0.57%. Other sectors saw mixed results: Layer2 fell 0.36% but ImmutableX (IMX) rose 4.27%; DeFi dropped 0.44% while EdgeX (EDGE) surged 29.92%; Layer1 declined 0.69% with NEAR Protocol (NEAR) gaining 2.89%; CeFi fell 0.74% as Bitget Token (BGB) dropped 3.17%; and PayFi decreased 0.96% despite Trust Wallet (TWT) rising 1.39%. Sector indices reflected this divergence, with ssiSocialFi up 0.20%, while ssiAI and ssiMeme fell by 2.55% and 2.27%.

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Tags:
BONK
M
B
IMX
EDGE
NEAR
BGB
TWT
GRAM
Foresight News
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BUILDon
ImmutableX
EdgeX
NEAR Protocol
Trust Wallet
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