According to BlockBeats, a significant drop in the altcoin market was observed on June 13. The data shows that several altcoins experienced a decline in their value over a 24-hour period.
CRV saw a decrease of 22.23%, with its current price standing at 0.287 USD. BONK also experienced a drop, with a 24-hour decrease of 16.58%, and its current price is 0.0000253 USD. CVX's value declined by 15.98% over the same period, with its current price at 1.945 USD.
In addition, REZ and FLOKI also saw a decrease in their value. REZ's value dropped by 14.58%, with its current price at 0.1189 USD. FLOKI's value decreased by 14.54%, and its current price is 0.0002056 USD. Lastly, IO's value declined by 14.39%, with its current price at 4.755 USD.
This widespread decline in the altcoin market indicates a bearish trend. However, the future of these altcoins remains uncertain as the cryptocurrency market is known for its volatility.