PANews reported on May 29th that, according to SoSoValue data, the cryptocurrency market is generally declining. The NFT sector fell 4.68% in the past 24 hours, with Pudgy Penguins (PENGU) down 4.46% and Audiera (BEAT) down 14.38%. Meanwhile, Bitcoin (BTC) fell 1.21% in the past 24 hours, dropping below $74,000; Ethereum (ETH) fell 0.79%, briefly falling below $2,000.

Only the DeFi sector bucked the trend and rose, gaining 0.35% in the last 24 hours. Among them, Hyperliquid (HYPE) rose 6.79% and Dexe (DEXE) rose 5.53%.

In other sectors, the PayFi sector remained unchanged in the last 24 hours, with Stellar (XLM) rising 13.35%; the Layer 1 sector fell 0.80%, but Algorand (ALGO) rose 7.72%; the Meme sector fell 1.02%, with Pump.fun (PUMP) falling 5.06%; the Layer 2 sector fell 1.12%, with Stacks (STX) remaining relatively strong, rising 1.84%; and the CeFi sector fell 1.25%, with OKB (OKB) rising 1.45% intraday.