SocialFi Sector Holds Up as Crypto Market Continues to Decline

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As per PANews, the crypto market continued its downward trend on October 29, with most sectors experiencing declines, while the SocialFi sector remained relatively stable, posting a 0.40% increase in the last 24 hours. Toncoin (TON) led the SocialFi segment with a 1.39% rise. Meanwhile, Ethereum (ETH) dropped 3.71%, falling below $4,000, and Bitcoin (BTC) declined 1.69%, retreating to around $112,000. Other sectors also saw losses, with DeFi down 2.14% and Meme down 3.00%, though some tokens like AERO and TRUMP bucked the trend with gains.

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