According to BlockBeats, a significant drop in the altcoin market was observed on July 5th. Several altcoins experienced a decline in their value, following the general market trend.
The altcoin PEOPLE saw a decrease of 29.72% in its value over 24 hours, with its current price standing at 0.05538 USD. Another altcoin, ZK, experienced a drop of 24.73% in its value within the same period, with its current price being 0.137 USD.
The altcoin AEVO also saw a decrease in its value, with a drop of 24.19% over 24 hours. Its current price is 0.376 USD. BAKE, another altcoin, experienced a decrease of 23.44% in its value over 24 hours, with its current price at 0.209 USD.
Lastly, the altcoin YGG saw a decrease of 22.75% in its value over 24 hours, with its current price standing at 0.42 USD. These significant drops in the altcoin market are reflective of the overall market trend.