The broader crypto market moved lower on Sept. 14, according to SoSoValue, with meme tokens posting the weakest performance among tracked sectors. The platform said the decline came as tensions in the Middle East escalated and concerns tied to AI safety continued to ripple through markets. Over the past 24 hours, the Meme sector fell 3.57%, with Cash Cat (CASHCAT) down 10.36%, Pons (PONS) dropping 14.25%, and Niulai sliding 27.82%. Bitcoin (BTC) lost 0.55% and Ethereum (ETH) fell 1.65%, though both remained above $76,000 and $2,400, respectively.
Not every corner of the market was in the red. DePIN rose 3.49%, led by Filecoin (FIL), up 21.43%, and Arweave (AR), up 9.41%. Layer2 also posted a gain of 0.24%, with Lisk (LSK) jumping 56.89%. Elsewhere, CeFi fell 1.35%, Layer1 dropped 1.86%, DeFi declined 1.95%, and PayFi lost 2.35%. Sector indexes tracking historical market moves showed ssiDePIN up 5.52%, while ssiAI and ssiMeme fell 3.28% and 3.04%.
The crypto market broadly moved lower on Sept. 14, according to SoSoValue, as escalating tensions in the Middle East and ongoing fallout tied to AI safety weighed on sentiment.
Memo sector posts the steepest decline
Among tracked sectors, Meme recorded the sharpest 24-hour drop at 3.57%. Within the group, Cash Cat (CASHCAT) fell 10.36%, Pons (PONS) lost 14.25%, and Niulai dropped 27.82%.
Major cryptocurrencies also edged lower. Bitcoin (BTC) was down 0.55%, while Ethereum (ETH) fell 1.65%. Even so, BTC stayed above $76,000 and ETH remained above $2,400.
DePIN and Layer2 buck the broader decline
DePIN was one of the few sectors to rise, gaining 3.49% over the past 24 hours. Filecoin (FIL) climbed 21.43% and Arweave (AR) added 9.41%.
Layer2 also managed a modest gain of 0.24%. Lisk (LSK) stood out inside the sector with a 56.89% jump.
Most other sectors remain under pressure
Outside those two gainers, CeFi fell 1.35%, with Gate (GT) down 2.45%. Layer1 declined 1.86%, and Zcash (ZEC) fell 4.05%. DeFi dropped 1.95%, with Jupiter (JUP) down 2.61%. PayFi lost 2.35%, while Monero (XMR) fell 4.11%.
Sector indexes show a split picture
Crypto sector indexes tracking historical market performance showed ssiDePIN up 5.52%, while ssiAI fell 3.28% and ssiMeme lost 3.04%.
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