Report: VR Tokens Up 704% In H1, PEPE Up 3,700 Occasions

In line with the most recent analysis from CoinMarketCap, the primary half of 2023 will probably be each difficult and thrilling for the worldwide cryptocurrency market. On the finish of the second quarter, the market worth reached 1.17 trillion US {dollars}, a rise of 48% from the start of the yr.

The entire market capitalization was comparable between Q1 and Q2, nonetheless, some sectors noticed important development, bringing them into the highlight.

Amongst them, the digital actuality/augmented actuality (VR/AR) business has skilled an astonishing surge, with its market worth surging by 704%, the report stated.

The report famous renewed curiosity in AI-related tokens reminiscent of 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 PEPE token.

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

Though PEPE has skilled a pullback from its peak in Might, CoinMarketCap revealed that the token has rebounded practically 100% from its mid-June lows.