thenewscrypto.com
- Mask Network displays resilience despite the overall sector downturn.
- Hive and LUKSO show modest growth amid sector volatility.
- SPACE ID and Status experience slight dips, presenting potential opportunities.
While the social crypto sector has only a 0.50% 24-hour change, it boasts an impressive market cap of $1.29 billion. Notably, the sector’s dominance currently stands at 0.11%, with a 24-hour volume of $140.41 million. However, the sector has seen a slight decrease of 3.88% over the past week.
Mask Network Surges Ahead Despite Sectoral Dip
Among the top performers, Mask Network, trading under MASK, stands out. Despite the overall sector’s downturn, MASK has surged by 0.93% in the last 24 hours. Even though it’s down 10.05% over the past week, its resilience is noteworthy, especially in the face of a 22.78% monthly drop. Consequently, MASK’s market cap now stands at a formidable $279.65 million, with an ATH of $7.17747, currently 52% off its peak.
Following MASK is Hive, or HIVE, which has taken a slight hit with a 1.31% decrease in the last 24 hours. However, HIVE has seen a modest 0.27% weekly growth, despite being down 7.68% over the month. With a current price of $0.31727, HIVE’s market cap stands at $158.86 million, significantly off its all-time high of $3.32209.
Additionally, LUKSO, trading as LYXe, has displayed some resilience. With a 1.52% increase in the last 24 hours, LYXe’s current price is $9.38892. Despite being down 6.5% over the week and 9.18% over the month, LYXe boasts a market cap of $174.63 million, remaining 78% off its peak.
Moreover, SPACE ID and Status, trading under ID and SNT, respectively, have seen drops. ID fell by 4.09% in the last 24 hours, with a market cap of $93.33 million. SNT, on the other hand, slipped 1.18% but carried a promising market cap of $87.38 million.
In conclusion, while the social crypto sector’s performance shows a mixed trend, a keen eye will spot opportunities amidst turbulence. As a result, experienced investors understand that the sector’s current state might pave the way for promising developments.