On Monday, November 13, the crypto markets experienced a sharp downturn, largely attributed to a significant decline in the value of altcoins. This decline was exacerbated late in the afternoon by what was revealed to be a false corporate registration for the iShares XRP Trust. The crypto community, already grappling with a bearish market, was further unsettled by this misinformation. 

Amidst this uncertainty, two major players, Solana (SOL) and Chainlink (LINK), found themselves particularly impacted. SOL, which had been leading the altcoin rally with a remarkable doubling in price within a month, faced a sudden reversal of fortune, plummeting to a 7% loss over 24 hours. Meanwhile, LINK wasn't spared either, experiencing a plunge of more than 4%.

While the broader market is …