๐ Fortune Finds with Flooz
Todayโs agenda points โคต๏ธ
๐ Altcoin Market Outlook
๐ Flooz Fortune Finds
๐ Potential airdrops
Bitcoin is always the area of interest within the markets, with altcoins relegated to second place, but we know the true value of altcoins and how important they are...
This is why we are focusing entirely on altcoins on each edition of Fortune Finds with Flooz, as that is where the true money is made, and we want to help you navigate your way to investing into your future.
But we are not done there... we also want to give you some options with each edition to consider, as well as airdrop opportunities each week too!
So, enough of our baffling, let's jump into the juicy stuff ๐
๐ Altcoin Market Outlook
We saw the markets take a slight dip, but it reversed immediately... Is this a sign we are moving higher? As usual, let's take a look at the chart! ๐
Firstly, the altcoin market closed indecisive, which considering we saw a drop, it makes sense, however, we saw a near instant recovery and are now looking bullish.
The targets are still similar as the altcoin market has not made much movement, and the good news is that we have already seen a dip and it has recovered too, so the next leg up could be soon.
Our support is looking good too, and if we move up and attack the bullish resistance at around $255B ($25B away from current price), we could even see new all-time highs this year too.
The problem now, is whether we can keep this momentum going into the weekly close, because if we are looking bullish and stay at current prices or above by then... we could see more bullish movements in the short term as a result.
The Ethereum ETF inflows are also in full swing, and it may help push us further and could even take away some dominance from Bitcoin, which would be mega bullish for altcoins, and as we know... money is made in the altcoins for most investors.
Overall things are looking bullish, and if things continue, we are likely to see a new all-time high on the markets before the end of the year.
But as always, nothing is guaranteed, so only spend what you can afford to lose and stick to your plans, as things can change quickly in this crazy space as we continue to navigate the bull run.
๐ Flooz Fortune Finds
This is where we deep dive into three promising crypto projects once a week that could potentially have a break through into this current bull cycle.
๐ฎ First up on the list is $DOP
Data Ownership Protocol ($DOP) aims to provide individuals and businesses with complete control over their data through selective transparency and zero-knowledge cryptography.
This technology will allow users to manage information about their assets and transactions while still maintaining discretion. Through seamless integration and an enhanced user experience, $DOP enables widespread adoption of blockchain technologies, empowering users to assert ownership and actively manage their digital footprint in the ever evolving Web3 space.
๐ Now let's move onto the tokenomics ๐
Market cap: $56M
Total supply: 23.3B
Circulating supply: 7.7B
Current price: $0.007
With just under 30% of the total supply in circulation, it sets this project up to be in a strong position, and while these tokenomics are not completely ideal, it is important to remember that there are many big tokens that have similar numbers.
Tokenomics are important, but are not the sole reason for project success, and $DOP is in a good position here, with more improvements to come on this area.
๐ What's the latest with $DOP?
Data Ownership Protocol has been busy recently, starting with their collaboration with Polygon, bringing in selective transparency to the blockchain, allowing users to decide what transactions they want public.
But that not all, as they also announced that they will be sponsoring the Korean Blockchain Week in September, which will help with getting more eyes on this exciting project.
๐ฏ Targets for the future?
Financial privacy is a vital area for many investors, and with the Web3 space continually expanding, $DOP are offering a solution where privacy finds lacking significantly.
Combining this great solution with the continual growth, especially with recent partnerships and sponsors, $DOP have their eyes set on the top prize and are looking to be leaders in this industry.
Further to this, $DOP is a brand new project and is attracting fast attention, especially with a $56M market cap after launching less than a month ago.
Price prediction: The journey is only just starting for $DOP and already they have cemented themselves into the space. With much more growth to come, we could see a potential 5-8x in the future.
Early projects are usually a big risk, but $DOP is moving fast and has already surpassed many project in such a short period of time, so could be one to watch.
๐ฎ Next up on our selection is $KATA
Katana Inu ($KATA) is a third-person perspective on-chain multiplayer game with both Free2Play and Play & Earn elements, giving players a chance to earn while enjoying the aspects of this immersive fighting game.
Players can compete worldwide with other players including tournaments and Esports leagues, with opportunities to collect NFTs along the way.
Gaming continues to be one of the shining industries of the world, and it is growing at rapid rates within Web3, potentially making this another exciting opportunity to be involved within, especially as a gamer.
๐ Tokenomics insight ๐
Market cap: $16M
Total supply: 50B
Circulating supply: 27.2B
Current price: $0.0005
Over 50% of the total supply is in circulation, making this a great project in terms of tokenomics, especially considering that rewards are distributed.
With just a $16M market cap too, $KATA has already started to set itself up for further growth within the Web3 world after capturing some significant attention from the gaming community.
๐ What's happening with $KATA?
Katana Inu have been busy making new partnerships and adding new elements to their gaming ecosystem. One of these partnerships includes Baby Doge Coin, which boats over 2.4M followers on X (Twitter) and has a 180M market cap, putting it just outside the top 250 crypto tokens.
Recently, we also saw $KATA collaborating with Creo Engine by adding a new character based around Creo into their game, which is exciting as Creo Engine is also a top project within the gaming space.
๐ฏ Targets for $KATA and its future??
Gamers love to be rewarded for their efforts, and $KATA has it all, from compeitive leagues, to NFTs up for grabs, while still getting the full entertainment of the game.
As this project continues to partner and grow, $KATA is looking to improve their NFT based gaming ecosystem to not only benefit their users more, but to also give investors a reason to invest, especially with their above average graphics and user interface compared to other gaming projects in the Web3 space.
Price prediction: Many gaming projects have seen significant climbs in previous bull runs, and even this year alone so far. If $KATA can get more eyes on the project with a focus on gamers and incentives, this could potentially see a 7-10x in the future.
The gaming world never slows down, and it seems that $KATA are keeping up with that pace as we continue through this bull run.
๐ฎ Our final pick this week is $XPR
XPR Network ($XPR) is a layer one proof-of-stake blockchain that leverages cutting-edge WebAssembly (WASM) smart contracts to enable effective, scalable and sustainable computation, making it an advanced building tool within Web3.
This means developers can leverage the XPR Network to securely build tokens, NFTs, exchanges, lending markets and much more.
On top of this, $XPR also has some great benefits including usernames (with @'s), zero gas fees and on-chain identity, making it a more inclusive and efficient network.
๐ Tokenomics breakdown ๐
Market cap: $22.6M
Total supply: 29.2B
Circulating supply: 26.1B
Current price: $0.0009
Currently, $XPR has nearly 90% of its total supply in circulation, which is an incredible percentage, and makes this a great project in terms of tokenomics.
There is a slight downside, which is that the maximum supply is technically infinite, and more supply can be added but as it stands, the supply and demand ratio is ideal.
๐ What's the latest for $XPR?
Most recently, there was a rebranding which turned Proton (Previous name) to XPR Network, which has come with a few changes to the project as a result too.
$XPR has also been busy with new expansions and partnerships, including affiliate marketing opportunities and prediction markets where users can bet on outcomes through the network.
๐ฏ Where is $XPR heading next?
After the rebranding this year, $XPR have been pushing the boundaries with expansions and partnerships flowing quite often, which shows intent on competing with he rest of the crypto and Web3 space.
With the addition of instant transactions, @ usernames, zero gas fees and on-chain identity, $XPR is looking to add an element to the blockchain that is unique but also easier for users, and it could start to grab a lot more attention towards the project as a result.
Price prediction: Previously, $XPR has seen a much higher price, which is just over 100x away, and while it is unlikely to hit that price again, a 10-15x is not out of reach and could be a future possibility if the project continues to expand and innovate.
Blockchain technology is always adapting, and $XPR are adding their own spin to it, which is likely to benefit current and future users of this space.
๐ Potential airdrops
Here are 3 potential airdrops that could provide great opportunities leading into the bull run, let's unpack the requirements together to get you in early ๐
๐ช The first potential airdrop is rug.fun
Here are the steps required to be eligible for this airdrop (โณ 3 mins):
Engage with the rug.fun Farcaster Launch Announcement ๐
Log into your Farcaster account through Warpcast - Click here to start
Hover over the rug.fun account logo and click "Follow"
Click the arrow wheel at the bottom of the cast to recast the launch announcement
Copy your wallet address and paste it in the comments section of the rug.fun launch announcement
Engage with the rug.fun Twitter Launch Announcement ๐
Log into your Twitter account - Click here to start
Hover over the rug.fun account and click "Follow"
Click the arrow box at the bottom of the cast to retweet the launch announcement
Copy your wallet address and paste it in the comments section of the rug.fun launch announcement
๐ช The next potential airdrop is Snapshot
Here are the steps required to be eligible for this airdrop (โณ 7 mins):
Vote with Snapshot ๐
Connect your wallet to Snapshot - Click here to start
Click into the communities you have assets for
Check to see if the community has an "Active" proposal
Click into the proposal
Read the proposal abstract
Below the proposal, click the option that aligns with how you want to vote
Click "Vote" and "Confirm," then sign the transaction
Create a Snapshot Space ๐
Connect your wallet to Snapshot - Click here to start
Click "Get Started"
Click on the ENS you want to use to create your space (hint: if your wallet does not have an ENS, connect a different wallet or register a new ENS)
Set the basic information for the group you are creating
Select the voting mechanism you want to utilize and customize the voting strategy, then click "Next"
Add members who can manage the space and create proposals
Click "Create" and sign the transaction
๐ช The final potential airdrop is Foundation
Here are the steps required to be eligible for this airdrop (โณ 15+ mins):
Create a new NFT on Foundation ๐
Connect your wallet to the Foundation app - Click here to start
Press the "Create" button and select "Collections" from the sidebar options
Input your desired collection name and ticker symbol
Click "Deploy your smart contract" and complete the creation transaction with your wallet
Optional: Customize your collection page with a logo, header image, and description blurb
On your collection page press "+Mint NFT" and upload your NFT asset, e.g. a JPG or MP4 file
Input your NFT's title and description
Click "Preview" and then "Mint NFT"
Complete the mint transaction with your wallet and wait for it to confirm
Collect an NFT on Foundation ๐
Connect your wallet to the Foundation app - Click here to start
Use the "Trending" tab, the search bar, or a direct link to navigate to your desired NFT
Click the "Mint" or "Buy Now" button depending on the NFT's drop style
Confirm the purchase transaction with your wallet
Did we miss something great? Let us know.