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A significant drop is observed in the altcoin market

According to BlockBeats, a significant drop in the altcoin market was observed on June 18. The decline was seen across the board, with several altcoins experiencing substantial losses.

IO, for example, saw a 25.85% decline in a 24-hour period, with its current price sitting at $3.912. USTC also saw a significant drop, with a 24.27% decline in 24 hours, bringing its current price to $0.0171.

KNC was also not spared from the market decline, with a 24-hour drop of 23.39%, resulting in a current price of $0.55. BB also saw a significant drop, with a 23% decline in 24 hours, bringing its current price to $0.4097.

Lastly, NOT saw a 22.4% decline in 24 hours, leaving its current price at $0.01613. This widespread decline in the altcoin market underscores the volatile nature of cryptocurrency investments.