In response to the most recent analysis from CoinMarketCap, the primary half of 2023 can be a difficult and thrilling time for the worldwide cryptocurrency market. Market worth reached US$1.17 trillion on the finish of the second quarter, up 48% from the start of the 12 months.

Whereas the entire market capitalization was comparable in Q1 and Q2, some sectors have seen important progress and deserve consideration.

The digital actuality/augmented actuality (VR/AR) trade has seen unimaginable progress, with its market worth hovering by 704%, the report mentioned.

The report famous that curiosity in AI-related tokens equivalent to SingularityNET (AGIX) and Fetch.ai (FET) surged once more in June, recovering practically 40% from their mid-June lows.

Equally, the speculative frenzy surrounding meme tokens intensified within the first half, including over 260 new tokens, led by the enduring PEPE token.

Particularly, PEPE is price greater than 3,700 occasions within the first half of 2023.

PEPE has skilled a rebound from its Could peak, however Coinmarketcap has revealed that the token has recovered virtually 100% from its mid-June low.