SocialFi rises 1.18% while NFTs drop nearly 5% in the crypto market

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GRAM
$1.33-0.74%
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CHZ
$0.01239-0.8%
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BEAT
$0.8429-8.35%
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The crypto market recorded mixed results on August 3, 2026, with the SocialFi sector rising 1.18% over 24 hours. Gram (GRAM) and Chiliz (CHZ) increased by 1% and 1.03%, respectively. The NFT sector declined 4.96%, as Audiera (BEAT) dropped 6.95%. The market update highlights a clear divergence between social tokens and NFTs. Traders are closely monitoring how these trends evolve in the coming days.

Odaily Planet Daily report: On August 3, according to SoSoValue data, cryptocurrency market sectors showed mixed performance, with the SocialFi sector standing out, rising 1.18% over 24 hours. Within the sector, Gram (GRAM) and Chiliz (CHZ) increased by 1% and 1.03%, respectively. Meanwhile, the Layer 1 sector rose 0.94%, with Cardano (ADA) up 5.08% and Algorand (ALGO) up 7.84%.

In other sectors, the PayFi sector rose 0.92% in 24 hours, with Ultima (ULTIMA) up 3.09%; the CeFi sector increased 0.91%, with NEXO (NEXO) up 1.25%; the Layer2 sector gained 0.81%, with Starknet (STRK) up 3.90%; the Meme sector rose 0.47%, with MemeCore (M) up 8.71%; and the DeFi sector climbed 0.20%, with Ethena (ENA) up 8.68%.

Additionally, the NFT sector declined by 4.96%, with Audiera (BEAT) falling 6.95% within the sector.

The cryptocurrency sector indices reflecting historical market performance showed that the ssiSocialFi, ssiCeFi, and ssiLayer2 indices rose by 1.37%, 1.14%, and 1.03%, respectively.

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