Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

📸 Daily Market Snapshot: June has been brutal for altcoins, but few have fared worse than hot memecoins. $BONK, $FLOKI, and $SHIB are down 40-50% from their 30-day highs. $WIF touched $4 in the final days of May but is now trading at $1.82 – a 55% decline. It dropped 10% today.

With EIGEN rolling out the second phase of its major drop, restaking bulls are wondering what comes next.

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