The crypto market has skyrocketed over the past 24 hours, with memecoin emerging as the most important factor in growth. According to Messari Data, the Meme sector outperformed its sharp profit of 13.8% over everyone else. The jump brings the total market capitalization to an impressive $58.83 billion.
The rally reflects the optimism of the broader market as multiple sectors made daily profits. Combined with speculation and growing social media momentum, retail enthusiasm has contributed to the meme sector’s explosive performance.
The wider gathering has renewed investor trust. Sectors such as blockchain infrastructure and defi have been closely delayed. Blockchain infrastructure recorded a profit of 7.88%, boosting its market capitalization to $24.93 billion.
Related: Is the spin-up to Bitcoin and altcoin imminent as memecoin hype fades?
Meanwhile, the Defi sector surged 6.60% to $178 billion. These benefits demonstrate an increased confidence in decentralized financial tools and core blockchain technology, particularly so that macroeconomic uncertainty remains.
Memes increase all sectors by 13.8% on pic.twitter.com/1pyaiqkwjp over the last 24 hours
– Messari (@messaricrypto) June 10, 2025
The fields of technology and innovation are riding the waves
Several innovation-driven sectors also enjoyed strong growth. The gaming sector has grown by 5.55%, currently worth $9.82 billion. The AI sector has increased by 5.00%, increasing its market capitalization to $16.87 billion.
These benefits highlight the increasing integration of blockchains between real-world applications and emerging technologies. The often overlooked tool added 4.91%, now at $7.7 billion.
Depin (a decentralized physical infrastructure network) has achieved a market capitalization of 4.83%, reaching $191.1 billion. This growth reflects growing interest in Web3 infrastructure projects that combine digital platforms with physical assets. The result shows that investors are looking beyond speculative tokens and are beginning to place emphasis on long-term infrastructure utilities.
A modest performer and some laggards
Not all sectors saw substantial benefits. NFT rose 1.81% to $6.25 billion. The network sector has grown just 1.31% despite its large $3.01 trillion valuation. CEFI (centralized finance) recorded a slight increase of 0.42%, totaling $462 billion.
Related: The AI Crypto sector surges beyond $41 billion: TAO, FET, Near, ICP, Rendering Lead Gain
On the downside, Stablecoins have dropped by 0.03%, essentially maintaining stability at $252 billion. However, the blockchain service was the biggest loser of the day. It fell 3.90%, lowering its market capitalization to $923 million. This may reflect a decline in demand for subsidized services in an age of sector-wide excitement.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.
