In line with the most recent analysis from CoinMarketCap, the primary half of 2023 will likely be each difficult and thrilling for the worldwide cryptocurrency market. On the finish of the second quarter, the market worth reached US$1.17 trillion, a 48% enhance from the beginning of the yr.
Whole market capitalization was related between Q1 and Q2, nevertheless, some sectors noticed vital development, placing them within the highlight.
Amongst them, the digital actuality/augmented actuality (VR/AR) trade has witnessed an astonishing growth, with the market worth rising by 704%, in line with the report.
The report famous renewed curiosity in AI-related tokens similar to SingularityNET (AGIX) and Fetch.ai (FET) in June, rebounding practically 40% from mid-June lows.
Likewise, the speculative frenzy surrounding meme tokens intensified within the first half, with over 260 new tokens added, led by the long-lasting token PEPE.
Particularly, PEPE is value greater than 3,700 occasions within the first half of 2023.
Though PEPE noticed a pullback from its Could excessive, CoinMarketCap revealed that the token rebounded practically 100% from its mid-June lows.
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