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Daily Brief

TONs of Potential?

gm Bankless Nation, is there more to The Open Network than the skyrocketing price of TON? Let's dig in.
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Jun 18, 2024 β€’ 3 min read
TONs of Potential?
Published on June 18, 2024
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Sponsor: Mantle β€” Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
Is Trump Token Real?
  1. πŸ‘¨β€βš–οΈ Did Trump Really Drop an Official Memecoin? A Solana memecoin reportedly launched by Trump's teen son Barron is mooning, but is it real?
    Read more on Bankless.com
  2. 🧬 Application Filed for Combined BTC & ETH ETF. Hashdex files for a new kind of spot crypto ETF with the SEC.
    Read more on Bankless.com
  3. 0️⃣ RISC Zero Debuts its zkVM. The team has shipped its production-ready zero-knowledge virtual machine.
    Read more on Bankless.com
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MARKET VIBES
BTC Below $65K

πŸ“Έ Daily Market Snapshot: The crypto market's bleeding shows no signs of slowing down after BTC fell below the key $65K barrier, while one-third of the Top 100 tokens by market cap are down more than 20% this week.

Prices as of 4pm ET 24hr 7d
Crypto $2.32T β†˜ 4.4% β†˜ 4.9%
BTC $64,156 β†˜ 3.7% β†˜ 5.0%
ETH $3,405 β†˜ 4.0% β†˜ 2.6%
STRK $0.712 β†˜ 15.1% β†˜ 32.2%

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New Token Rating: Starknet’s STRK has been decimated, losing nearly half its dollar value in the month of June alone! When will STRK stop bleeding?
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ANALYSIS
Where to Get Started on TON
Bankless Author: David C.

It's been hard to miss the rise of TON over the past few months.

Thanks to its integration with Telegram and persistent price action β€” setting new ATHs last week as the rest of the market dumped β€” The Open Network ecosystem continues to gain traction rapidly.

While TON remains best known for its gaming ecosystem with a wide variety of tokens and titles, its network actually offers a diverse range of activities, from liquid staking to lending and trading.

In this article, we'll dig into five of the most active areas in the TON ecosystem πŸ‘‡


FRIEND & SPONSOR: MANTLE

Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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LATEST POD
ETH to $22K by 2030?

Just how much ETH ETF upside is there?

In this episode, David Hoffman is joined by Matthew Siegel, Head of Digital Assets Research at VanEck, to unpack VanEck's groundbreaking ETH 2030 report. They discuss the $154,000 bull case, $22,000 base case, and $340 bear case for Ethereum and the factors behind these predictions.

Get all the details πŸ‘‡

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GO BANKLESS
Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?

Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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