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 stuff๐
๐ Altcoin Market Outlook
The past week has been eventful for the markets, especially altcoins...
But does that mean alt season is here?
Well... as usual, let's see what the charts are saying (Others chart, excluding top 10) ๐
The first thing to notice is that we are still above important support lines, which puts us in a bullish state still.
Despite the big climb we got on both Bitcoin and the altcoins, the dip we saw after has made things a bit complicated, especially as we were within reach of a new all-time high for Bitcoin, and now we are in limbo again.
However, Ethereum is still outperforming, which is great for altcoins, and we could see a potential run up for it in the next few weeks, with altcoins taking more dominance from Bitcoin.
We are still 21% down from the yearly highs so far on altcoins total market cap, but with the Ethereum ETF approvals now in, we might seem a shift into Ethereum and altcoins over the coming weeks.
The danger zone is moving further and further away too, which is incredibly bullish and with the highlighted circles, it shows trends from previous points that could occur. Although it is not guaranteed, if we can see similar patterns as highlighted, we could be in for a move to the upside from altcoins soon.
As we float between the $285B and $290B area, as long we hold the $280B mark, we should be in a good position to keep up trending, although the weekly close is approaching and currently it is looking bearish, so we need a push over the weekend for a bullish close and then a continuation upwards to follow as we move towards the end of the month.
And as always, let's remember that this bull run has been long awaited, so having continued patience while we slowly build back up is important, and pullbacks are a healthy sign for continuation upwards.
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 $TOWER
The Tower ecosystem is a gaming platform on the blockchain with some incredibly impressive stats already, including over 5M downloads and 250k players, and they also have games on some of the biggest app stores including Apple and Google.
Along with this, $TOWER are partnered with some big names, including... The Sandbox, Metamask and Animoca Brands. With the gaming industry ever growing and fast expanding into the Web3 space, $TOWER are looking to incentivise gamers and offer an ecosystem worth investing in.
๐ Now let's move onto the tokenomics ๐
Market cap: $18.8M
Total supply: 10,000,000,000
Circulating supply: 1,588,959,211
Current price: $0.01
The first thing to notice is the circulating supply. It is only 15% of the total supply, and while that is usually a slight concern, the case is different here as this is a utility token for a gaming platform, and they also have play-to-earn rewards, with 30% allocated to this.
So, although the numbers may look off, this is a normal occurrence, and having majority of the supply in circulation would not work or make sense here. The play-to-earn pool is also the biggest for $TOWER, with them also allocating 15% to the community development fund.
This emphasises the importance they place on the community and building the ecosystem, which for a project like this... it is vital.
๐ What's the latest with $TOWER?
Recently $TOWER were at the Forked conference in Hong Kong where they were showcasing the project but they also announced an exciting sponsorship with them too.
They also partnered up with Klikr to introduce the TOWER League, where users can connect their TON wallet and unlock rewards while competing on the leaderboard to show off their skills.
On top of this, it was also announced that a whopping 450% APR can be earned through playing Crazy Kings & Crazy Defense Heroes, which are both $TOWER games.
๐ฏ Targets for the future?
This is certainly a project that is expanding fast, while also performing well in the market even during the big drops. They are also attracting a lot of attention to their platform and with the added incentive of play-to-earn, this may be a project that takes off for gamers looking to be rewarded for their time and efforts.
Price prediction: This will be the first full bull run for $TOWER and with earning incentives and a huge player base already, we could see a potential 10-15x in the future.
Gaming is becoming a huge part of the Web3 space and is growing rapidly, so with the combination of incentives and great additions from $TOWER, this is a project that is certainly building for the future and is creating a sustainable and rewarding ecosystem for both players and investors.
๐ฎ Next up on our selection is $TRIAS
Trias Labs are revolutionizing the blockchain and privacy space. Utilizing a core blockchain solution to establish a reliable infrastructure for trusted interactions, $TRIAS ensures that trust is rooted in machines, steadfastly guaranteeing machines will deterministically 'do what they are instructed to do.'
Triasโs vision is to build a trustworthy and reliable general-purpose computation infrastructure, where any system and software implement only expected behaviours.
Privacy is becoming a demanding area, and $TRIAS are looking to take over this space, and offer privacy and solutions for the blockchain. As privacy continues to rise, $TRIAS could see the attention they are gaining increase significantly, allowing for the project to truly become a dominant figure in the Web3 and Crypto industry.
๐ Tokenomics insight ๐
Market cap: $90M
Total supply: 10M
Circulating supply: 9,881,507
Current price: $9
The tokenomics are great for $TRIAS, with nearly 100% of the supply being in circulation already, which is quite rare, especially for a new and growing project.
This means no more tokens to be added in, and no devious price scares as a result.
๐ What's happening with $TRIAS?
In the last few weeks, $TRIAS have been pushing their NetX ecosystem with the TSC testnet already launched. And a partnership with BitGet to reward users who interact and explore with the NetX ecosystem.
Trias Labs also surpassed the 100k follower mark on X (formerly Twitter) recently, which illustrates how fast their community is growing.
๐ฏ Targets for $TRIAS and its future??
As the demand for Privacy increases, $TRIAS is building an entire ecosystem to thrive for not only privacy but other areas for the blockchain.
With their rapidly growing community and fast expanding systems, $TRIAS is truly looking to cement a place within the Web3 space by presenting brilliant solutions in the blockchain world, which is all built on trustworthy and reliable Intelligent Autonomous Systems.
Price prediction: As this project continues to grow and add further value to the ecosystem, this could see a 7-10x in ideal bull run conditions.
As a longer term project, $TRIAS will likely keep expanding and adding value to the entire blockchain with their heavy privacy focus, and over the years this could be one of the more memorable names in the space.
This is a project with a lot of potential long term, and is still very much in it's early building stages, so keep an eye out for this one in the future.
๐ฎ Our final pick this week is $SIDUS
Sidus Heroes is a Web3 gaming metaverse including AI, and a free-to-play, play-to-earn ecosystem, allowing players to enjoy the games and make money...
It can't get much better than that.
On top of this, $SIDUS was voted The Golden Excellence in Metaverse Gaming Company Award in 2023, and is attracting hungry gamers who want to have fun and get paid.
As gaming continues to grow within the blockchain world, $SIDUS is certainly providing them with many incentives to get involved, and as we enter the bull run, we could see this rapidly increase as the ecosystem grows, including their launchpad, SidusPad.
๐ Tokenomics breakdown ๐
Market cap: $66M
Total supply: 21,353,459,189
Circulating supply: 9,356,868,845
Current rice: $0.007
As a project still under $100M, it has growth potential, especially with nearly 50% of the supply in circulation, as there are token burns for $SIDUS too, meaning it is deflationary.
And not to forget, this is a gaming token, with player rewards, so a portion of the supply is also put aside to reward users who are taking part in the play-to-earn part of the ecosystem.
๐ What's the latest for $SIDUS?
$SIDUS recently was ranked 4th by LunarCrush Galaxy score, beating the likes of $VRA and $GALA.
Also SidusPad, which is one of the fastest growing gaming launchpads, have enabled multichain staking with Ethereum and BSC recently being added, allowing for further options in the ecosystem.
๐ฏ Where is $SIDUS heading next?
As some of the fastest growing gaming ecosystems, $SIDUS is looking to have a great bull run, with it being backed by the likes of Animoca and Mr.Beast.
Not to mention their ever-expanding collections of games and the added incentive of play-to-earn, this is a project that keep adding fuel to the fire.
Price prediction: Gaming tokens are gaining a lot of attention, and $SIDUS is no different and could see a potential 10-12x in the bull run.
There are more than just games to this ecosystem and we could see this project have a fantastic future as they continue to expand, and offer more value to the blockchain and gaming industry.
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 SyncSwap
Here are the steps required to be eligible for this airdrop (โณ 15 mins):
Swap assets ๐
Connect your wallet to SyncSwapโs frontend and switch to zkSync Era - Click here to start
Select the asset you wish to swap from and input the amount
Select the asset you wish to receive
Click โSwapโ and approve the associated transactions
Provide liquidity ๐
Connect your wallet to SyncSwapโs frontend and switch to zkSync Era - Click here to start
Select the pool you wish to provide liquidity for and click the arrow
Go to the โDepositโ tab
Input the amount and type of tokens you want to deposit
Click โDepositโ and approve the associated transactions
๐ช The next potential airdrop is zkBob
Here are the steps required to be eligible for this airdrop (โณ 6 mins):
Create account ๐
Press the "Get Started" button on the zkBob app frontend - Click here to start
Click "Create a new zkAccount"
Choose an account creation method, i.e. an existing web3 wallet or a zkBob secret phrase
Sign the confirmation message or store your secret seed phrase safely to proceed
Create and verify a password for the zkBob app
Wait for the "Loading zkAccount" message to confirm account creation
Make a deposit to zkpool ๐
Log-in or connect your wallet on the zkBob app frontend - Click here to start
Enter your desired token deposit amount and press "Deposit"
Sign the approval transaction with your wallet to approve the use of your funds
Wait for the transaction to confirm for the deposit to be completed
๐ช The final potential airdrop is Spark
Here are the steps required to be eligible for this airdrop (โณ 4 mins):
Supply ETH ๐
Connect your wallet to Spark Protocol's frontend and switch to Ethereum - Click here to start
Click "Deposit" next to ETH
Input the amount of ETH you wish to supply
Click "Deposit" and approve the transaction
Borrow DAI ๐
Connect your wallet to Spark Protocol's frontend and switch to Ethereum - Click here to start
Click "Borrow" next to DAI under "Your Borrows"
Input the amount of DAI you wish to borrow
Click "Borrow" and approve the transaction
Did we miss something great? Let us know.