PANews reported on May 18th that, according to SoSoValue data, the cryptocurrency market generally declined. Bitcoin (BTC) fell 1.19%, dropping below $77,000; Ethereum (ETH) fell 2.71%, dropping below $2,200. Only the DeFi and SocialFi sectors remained relatively resilient, rising 1.18% and 2.40% respectively in the past 24 hours. Within the DeFi sector, Block Street (BSB) rose 42.25%, and Hyperliquid (HYPE) rose 10.51%. Within the SocialFi sector, Toncoin (TON) rose 4.12%.

All other sectors recorded declines: the CeFi sector fell 1.17% in the last 24 hours, with Binance Coin (BNB) down 1.07%; the Layer 1 sector fell 1.46%, with Zcash (ZEC) rising 5.22% intraday; the Layer 2 sector fell 1.70%, with Optimism (OP) down 3.18%; the PayFi sector fell 1.78%, but Telcoin (TEL) rose 1.55%; the Meme sector fell 1.94%, with Binance Life bucking the trend and rising 6.47%; and the AI ​​sector fell 7.91%, but Billions Network (BILL) bucked the trend and rose 14.06%.