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Meme Sector Leads Crypto Gains as AI Sector Falls 6.69%

The Meme sector rose 3.78% in a 24-hour snapshot, while Bitcoin and Ether gained at 10:10 p.m. ET Oct. 27 (02:10 UTC Oct. 28).

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Unmarked token medallions rise beside a tilted silicon chip / TokenPost.ai
Unmarked token medallions rise beside a tilted silicon chip / TokenPost.ai

The Meme sector rose 3.78% in an Oct. 28 24-hour snapshot, leading the seven advancing crypto sectors as AI posted the steepest decline among those listed.

Seven of the eight sectors advanced: NFT rose 3.32%, PayFi 2.35%, DeFi 2.34%, Layer 1 1.30%, Layer 2 0.61% and CeFi 0.36%. AI declined 6.69%.

Within Meme, Pons (PONS) gained 16.90% and MemeCore (M) rose 13.49%. In the NFT sector, Audiera (BEAT) advanced 18.47% and Pudgy Penguins (PENGU) gained 4.10%.

The AI sector’s drop accompanied declines of 24.81% in Akedo (AKE) and 72.33% in Quack AI (Q). An Oct. 26 sector snapshot with AI up 7.71% over 24 hours preceded the latest reading.

Bitcoin (BTC) stood at $80,783, up 1.07% over 24 hours, and Ether (ETH) was $2,351.09, up 1.46%, as of 10:10 p.m. ET Oct. 27 (02:10 UTC Oct. 28).

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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