Crypto Roundup, August 11: $BTC -0.6%, Degen Index 72, 14 analyses today

Market: Fear, but No Panic

Major cryptocurrencies are in the red. $BTC fell 0.61% to $63.59K, while $ETH slipped 0.52% to $1.864K. $SOL lost 1.08%-the biggest drop of all. But $TON is holding its ground: up 0.95% to $1.6. Total market cap fell 0.39% to $2.26T.

Sentiment is around 29 points on the Fear & Greed Index-pure fear. BTC dominance has shrunk to 56.37%, and $306.4B in stablecoins are still in play. Funding rates are hitting rock bottom: $SOL is down -0.67%, while $BTC is holding steady at +0.92%. The Degen Index jumped to 72-degens are overheating amid stress among the majors.

What the Team Did

Over the past 24 hours, 931 tokens were under the microscope, with 14 analyses published. DeFi is shining brighter: $CVX is up 24.8% on fear, while $UPSHIFT maintains a $347M TVL amid the crash.

Degen projects showed top-tier performance: $STONKBROKER +1,323% doesn’t save it from the LP trap, nor does $XST +810%. $HMM +471%-toxic distribution. Three red flags: $RAVECAT -98% after SKIP, $DOOM -88%, $FRONG SCAM 2/10. The rest are in the LP trap: $CASHCAT +127%, $CATE +184%, $PONS +222%-one trap after another.

What to watch for tomorrow

If F&G remains in fear mode, altcoins will take a beating. BTC must hold 56% dominance-if it drops below that, a radical rotation into smaller coins will begin. DeFi protocols with real TVL deserve attention. Degen projects are like casinos, but yesterday’s statistics showed: the data is worth trusting.