Crypto Roundup, July 18: $BTC +0.7%, DeFi is on fire, the team caught 3 scams

The Market: Fear and Frustration

$BTC is up 0.7% at $64.48K, while $ETH is up 0.5% to $1,852. Major coins are in the green, but this is an illusion: Fear & Greed stands at 25 points-extreme fear. Stablecoins are stashed away to the tune of $308.8B-capital is fleeing volatility. Funding rates on the majors are minimal ($BTC 0.33%, $ETH 0.32%)-people aren’t expecting a reversal. The Degen Index has jumped to 72/100-risk-takers are betting against the panic. A classic scam: while the majority is gripped by fear, small-time gamblers are throwing everything into the casino.

What the team found

Over the past 24 hours, we scanned 784 tokens. The verdicts were confirmed one after another. $LAB fell 84% after SKIP. $BRIAN crashed 91%-the LP bomb went off right on schedule. $DIH lost 81% and is in a coma. $JIMOTHY is up 1,456% over the past 24 hours, but an LP bomb awaits the team. $LBTC soared 130%-BTC restaking amid the panic is working. Others: $BULLCAT -67%, $AKE +127% but an LP bomb is waiting, $HOODRAT -63%, $JUGGERNAUT -80%, $TENDIES +56% with no social signals. Three scams-two of them have already been proven over time. The radar is working.

What to watch for tomorrow

If $BTC holds $64K, we might see a recovery in sentiment and an outflow from stablecoins. If it breaks that level, the degens will realize it was a trap. The Degen Index is at 72/100-it’s high, which means now is the perfect time for LP bombs and exposés. We’re waiting for new verdicts: pressure on small altcoins will intensify.