PANews reported on November 11 that according to SoSoValue data, the crypto market continued to show a general upward trend, with the Meme sector leading the way, up 22.41%; among the sectors with outstanding performance, Dogecoin (DOGE) rose by 30.77%, dogwithhat (WIF) and FLOKI rose by 23.66% and 25.66% respectively. In addition, the ssiMeme index, which represents the historical performance of the Meme sector, is currently priced at $30.45, with a year-to-date increase of more than 200%, and an excess return of 73.23% relative to BTC at the beginning of the year.

In addition, among other sectors, Layer2 and AI sectors also performed well, with increases of 7.04% and 6.84% respectively. RWA sector rose by 6.52%, and Layer1 sector rose by 4.70%.