Double-Digit Swings Dominate June Crypto Market Performances

According to market data,  crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%.

Select Coins Rise Despite Overall Decline This Month

June was predominantly bearish for cryptocurrencies, with few coins ending in the green. The meme coin brett (BRETT) was a standout, climbing 64.9% over the past month, with approximately 7.3% of that increase occurring in the past week. Following BRETT, kaspa (KAS) saw a 38.8% rise this month, with 25.2% of those gains materializing in the last seven days. Mog coin (MOG) increased by 33.72%, and constitutiondao (PEOPLE) rose by 21.93%. Beldex (BDX) jumped 18.1%, and toncoin (TON) grew by 17.12% against the U.S. dollar in June. The privacy coin monero (XMR) saw a 13.09% increase, and tron (TRX) rose by 12.22%. The final double-digit gainer for June was convex finance (CVX), which jumped 10.95%. Conversely, many coins experienced significant losses this month. The meme coin associated with the U.S. presidential candidate Donald Trump, maga (TRUMP), fell 51.44% this month. Echelon prime (PRIME) lost 51.12% of its value, while chiliz (CHZ) decreased by 50.07% in June. Other notable double-digit losers included AXL, WLD, ENJ, RBN, ABT, TIA, CRV, W, SKL, AERO, RUNE, ID, WOO, and MINA. Despite some coins achieving notable gains, the prevalence of double-digit losses highlights June’s unfavorable market conditions. Moving forward, market participants are likely to navigate this turbulent landscape with a mix of caution and opportunism.