BlockBeats news, on December 23rd, the entire crypto market sector experienced a pullback. The AI and PayFi sectors saw significant declines, falling by -4.38% and -4.45% respectively; the SocialFi and DeFi sectors remained relatively resilient with minor pullbacks of -0.29% and -2.13%. Within the SocialFi sector, MovieBloc (MBL) and Galxe (GAL) performed well with respective increases of 12.27% and 10.26% against the trend in the last 24 hours. In the DeFi sector, Aave (AAVE) increased by 4.02%.
In other sectors, DePIN fell by -2.55%, RWA fell by -2.82%, Meme fell by -3.31%, Layer 1 fell by-3 .65%, Layer 2 dropped-3 .66%.