Bitcoin (BTC) and the rest of the cryptomarket rose slowly but surely throughout the entire month of June. Bitcoin rose to a new annual high and sentiment became more and more positive. However, the month ended with a big bang. A strong correction ensured that most cryptocurrencies decreased considerably in value.
The biggest loser is Waves (WAVES), an altcoin with a current value of $ 1.93. Over the past 30 days, the altcoin fell by no less than 30.3% in value. This decline occurred despite the fact that the team behind the project recently launched a new programming language for smart contracts, called RIDE.
The second biggest loser is Ravencoin (RVN). With a value of now $ 0.05098, the altcoin fell in value in the last 30 days by 27.7%. There seems to be no direct reason for these losses.
Tezos (XTZ) is in third place among the biggest losers. Tezos has fallen in value by 25.7% in the last 30 days, with a price of $ 1.11. One of the reasons why the altcoin lost so much value is the impending hard fork after the developers would disagree about the direction of the project.
Number four is a top 10 cryptocurrency, EOS . The smart contract platform is over 25% in the minus and therefore has a value of $ 5.89. The altcoin has been suffering from falling prices for a long time. This would mainly have to do with the disappointing announcement that EOS and Block.one made on 1 June. In addition, the project has serious centralization problems .
Finally, we see that the altcoin stellar (XLM) is 23.3% in the minus. With this it has a value of $ 0.10356. There does not seem to be a direct reason for the sharp fall in the past 30 days for stellar either.