Crypto Market Recovers, AI Sector Rises 1.31%, NFTs Decline Over 9%

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The crypto market rebounded on August 4, with the AI sector rising 1.31% in 24 hours. Akash Network (AKT) surged 13.65%, while Unibase (UB) gained 9.25%. Venice Token (VVV) and Worldcoin (WLD) increased by 4.56% and 5.51%, respectively. The NFT sector declined 9.26%, led by a 20.42% drop in Audiera (BEAT). The crypto market update shows strong momentum in AI but weak performance in NFTs.

Odaily Planet Daily report: On August 4, according to SoSoValue data, the cryptocurrency market experienced a broad rebound, with the AI sector leading the gains, up 1.31% over 24 hours. Among these, Akash Network (AKT) rose 13.65%, Unibase (UB) increased 9.25%, Venice Token (VVV) climbed 4.56%, and Worldcoin (WLD) gained 5.51%.

In other sectors, the Layer1 sector rose 1.21% in 24 hours, with Avalanche (AVAX) up 5.88%; the CeFi sector increased 1.00%, with Cronos (CRO) up 1.61%; the Meme sector gained 0.91%, with Pump.fun (PUMP) up 3.47%; the DeFi sector rose 0.79%, with Hyperliquid (HYPE) up 4.09%; the Layer2 sector climbed 0.54%, with Optimism (OP) up 3.60%; and the PayFi sector edged up 0.01%, with Ultima (ULTIMA) up 1.27%.

Additionally, the NFT sector declined by 9.26%, with Audiera (BEAT) falling 20.42% within the sector.

The cryptocurrency sector indices reflecting historical performance show that the ssiAI, ssiDePIN, and ssiMeme indices rose by 2.58%, 2.02%, and 1.32%, respectively.

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