According to TechFlow, on July 16, according to the second quarter 2024 crypto industry report released by CoinGecko, the total crypto market value fell 14.4% in the second quarter to close at US$2.43 trillion.

The main highlights of the report include: Bitcoin miner computing power fell by 18.8%, the first quarterly decline since Q2 2022; Meme Coin, AI and real-world assets (RWA) became the most popular categories, accounting for 77.5% of network traffic; Ethereum supply increased by 120,818 ETH; centralized exchange spot trading volume fell by 12.2%, and decentralized exchange spot trading volume increased by 15.7%.