The crypto market has declined for three consecutive days, with the SocialFi sector down 4.65%, while Bitcoin and Ethereum fell 0.88% and 1.94% respectively. GameFi showed strength, with Axie Infinity up 3.84%. Other sectors generally declined, with some tokens such as eCash and PIPPIN posting modest gains. Overall sector indices show varying degrees of decline.

Gate News reported that on March 18, according to Lookonchain monitoring, Meme coin pippin's price has dropped 85% from its peak. An address beginning with 0xNU5a purchased 8.16 million Pippin for $180,000 five months ago and has held it until now, with unrealized gains declining from over $7 million to less than $1 million.