According to BlockBeats, a significant drop in the altcoin market was observed on July 8th. The market downturn affected several altcoins, with some experiencing substantial decreases in their value over a 24-hour period.
IO saw a decrease of 15.46%, with its current price standing at 2.04 dollars. LISTA also experienced a drop, with a 24-hour decrease of 16.26%, bringing its current price to 0.4477 dollars. JUP's value fell by 14.77% within 24 hours, with its current price at 0.669 dollars.
ZEN also experienced a decrease in value, with a 24-hour drop of 14.66%, making its current price 8.16 dollars. STX saw a decrease of 12.4% over 24 hours, with its current price at 1.27 dollars. This widespread decrease in value across the altcoin market indicates a general downturn in the market.