Welcome, Crypto enthusiasts!

DOGE breaks out of its downward slump in a trend seen across the crypto market while the TON network is positioning for significant growth.

In Today’s Blockstreet Journal:

• DOGE Surfs The Waves

• TON Passes $760M TVL

• Market Rundown

• Top Gainers & Losers

• Airdrops & More News

Latest News

ALT COINS
🌊 DOGE Surfs The Waves 

Word On The Street: DOGE is experiencing a recovery alongside the broader crypto market, including other memecoins, driven by several key factors.

The details:

• In the past 24 hours, DOGE's price has risen by 5.75%, reaching $0.13, its highest in a month.

• The upward trend began on July 13 after a report showed weaker-than-expected job growth in the U.S.

• DOGE gains are part of a technical rebound that began after the price retested the lower trendline of its prevailing rising wedge pattern.

Why it matters: Rising wedges are typically bearish reversal patterns characterized by two ascending, converging trends.

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ALT COINS
🤯 TON Passes $760M TVL 

Word On The Street: The Open Network, a layer-1 blockchain initially developed by Telegram, passed $760M in Total Locked Value.

The details:

• Despite its recent entry into the decentralized applications (DApps) ecosystem, the TON Network has already outpaced Optimism Chain.

• A major advancement for TON is the upcoming launch of the TON applications chain, a layer-2 network announced on July 9.

• The TON Foundation has also partnered with 1inch and Sign to create Triangle, a Web3 startup accelerator announced on July 10.

Why it matters: TON Network’s leading DApps by TVL are decentralized exchanges DeDust and Ston Fi, holding $383 million and $301 million.

Market Rundown

Fear & Greed Index

The global crypto market cap is $2.43T, a 1.86% increase over the last day.

The total crypto market volume over the last 24 hours is $64.34B, which makes a 11.77% decrease. The total volume in DeFi is currently $3.94B, 6.13% of the total crypto market 24-hour volume. The volume of all stable coins is now $58.66B, which is 91.17% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 54.13%, an increase of 0.01% over the day.

Global Market Metrics

As of today, the cryptocurrency market shows the following key metrics:

- Total Market Capitalization: $2.43T

- 24-hour Trading Volume: $64.34B

- Total Active Cryptocurrencies: 10,015

- Bitcoin Dominance: 54.13%

- Ethereum Dominance: 17.32%

- DeFi Market Capitalization: $76.58B

- DeFi Trading Volume: $3.94B

- Stablecoin Market Capitalization: $157.42B

- Stablecoin Trading Volume: $58.66B

- Derivatives Trading Volume: $544.31B

Top Gainers & Losers

🚀 Top Gainers

💩 Top Losers 

Airdrops & More News

DAILY AIRDROP
📦️ Pontem Airdrop

Pontem is the first wallet and asset swap on Aptos and has raised $10.5M in funding from investors like Pantera Capital and Wintermute. Pontem has confirmed to launch their token “LSD” on July 3oth and allocated 5% of the total supply for airdrop. Users who have traded, added liquidity, held DooDoo & RETURD, owned Pontem NFTs, & met other criteria are eligible for the airdrop. The snapshot for the first airdrop has been taken but continue to interact with Pontem to be eligible for future airdrops.

Step-by-Step Guide:

1. Visit the Pontem DEX.

2. Now download the Pontem wallet for Chrome.

3. Install the wallet and save the seed phrase.

4. Connect the wallet to Pontem DEX.

5. Now do some transactions like making a swap and providing liquidity.

6. Use their LiquidSwap Bridge to transfer an asset across blockchains.

7. Visit Liquidswap’s airdrop page. Connect your ETH, SOL and Aptos wallets.

8. Share your referral link for a chance to earn a higher allocation.

9. Head to the Liquidswap dashboard to see your achievements.

10. The Liquidswap dashboard also shows whether you hold certain Aptos memecoins or NFTs.

11. Purchase a small amount of the following Aptos memecoins on Liquidswap to unlock the badges: UPTOS, DooDoo, SHRIMP and RETuRD.

12. Purchase the Space Pirates, Dark Ages or Doodoos OG NFTs to unlock the NFT badges.

13. They’ve also launched a modular AltVM framework for layer 2s called Lumio and users can currently bridge tokens from other networks to Lumio from here.

14. Collect all the badges for Lumio. To collect all badges, bridge ETH, PEPE and PORK to Lumio and be an active user of Blast, Optimism and Uniswap.

15. Connect your X account here. Liquidswap have mentioned that users who connect their X account and pass this Sybil filter will be awarded more tokens.

16. Pontem has confirmed to launch their token “LSD” on July 3oth and allocated 5% of the total supply for airdrop.

17. Users who have traded, added liquidity, held DooDoo & RETURD, owned Pontem NFTs, & met other criteria are eligible for the airdrop.

18. The snapshot for the first airdrop has been taken but continue to interact with Pontem to be eligible for future airdrops.

Other News

Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week. XRP accounted for almost 40% of all trading activity on top Korean exchanges from Tuesday to Thursday and prices surged.

WazirX launches bounty program to recover stolen assets. The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform.

Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio. The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm's role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure.

South Korea's strict laws on crypto exchanges come into force. The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19.

🫡 Thanks For Reading

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