Meme Coins Lead Crypto Market as Sector Surges to $58.8B in 24 Hours

  • Meme coins gained 13.8 percent in a day, leading the market with $58.83 billion in capitalization.

  • Blockchain Infrastructure and DeFi rose over 6%, showing investor trust in core crypto systems.

  • AI, Gaming, and DePIN sectors advanced steadily, reflecting rising value in blockchain’s real-world applications.

The cryptocurrency market posted strong gains over the past 24 hours, with meme coins driving the sharpest surge. According to data from Messari, the meme coin sector rose by 13.8 percent, pushing its total market capitalization to $58.83 billion. The rally reflects growing interest from retail investors and heightened momentum across social platforms.

Along with meme coins, several large sectors also saw significant daily gains. Blockchain Infrastructure gained 7.88 percent and its market capitalization is now $24.93 billion. DeFi was close behind, rising by 6.60% and taking its market cap to $178 billion. Such movements indicate that investor belief is growing in standard blockchain technologies.

Innovation Sectors Reflect Expanding Utility

Innovation-focused categories also recorded steady gains. The Gaming sector rose by 5.55 percent, bringing its capitalization to $9.82 billion. Meanwhile, AI-based crypto projects advanced by 5.00 percent, reaching a combined value of $16.87 billion. The Tools sector also added 4.91 percent and is now worth $7.71 billion.

Decentralized Physical Infrastructure Networks (DePIN) recorded a 4.83% gain, raising its total value to $19.11 billion. This increase points to a rising interest in Web3 projects that merge digital networks with physical infrastructure. The growth indicates that investors are gradually shifting toward assets with real-world applications.

Mixed Results Across Remaining Sectors

Not all areas of the crypto market showed strong performance. NFT-related assets rose by 1.81 percent to reach $6.25 billion. Networks, which hold the largest market cap at $3.01 trillion, edged up by only 1.31%. Centralized Finance (CeFi) posted a minimal rise of 0.42 percent to a total of $462 billion.

Stablecoins stayed relatively flat, dipping slightly by 0.03% to remain near $252 billion. Blockchain Services posted the steepest decline among all categories, falling 3.90 percent and reducing its market capitalization to $923 million. This drop could suggest weaker demand for ancillary services during periods of broader market excitement.

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