The crypto market experienced significant volatility in June, with double-digit swings dominating performance. Despite this, the stablecoin market remained steady. NFT sales saw a dramatic decline, plunging 44% in Q2 from $4.14 billion in Q1 to $2.32 billion. This drop is attributed to a downturn in the crypto market and a surge in celebrity, political, and animal-themed memecoins. Additionally, crypto hacks fell by 54.2% in June after $385 million was stolen in May. NFT sales in June dropped 46% compared to May.