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
The market is struggling to build up strength...
Are we heading for a make or break situation?
Let's jump straight into the altcoin chart ($OTHERS) to see what's happening ๐
Now, we know the market has not been a fun journey recently, and it seems we are in a never ending cycle of slowly dropping...
But, the good news is that we are likely to see a direction move very soon, as it seems that OI is drying up, and we are fast approaching a potential bottom, and if that is the case, we could see Bitcoin and the rest of the market flying soon.
And that is just one possibility, the other is that we drop much more before we see any kind of recovery or new highs, and it could be brutal. However, as we know... it's a waiting game and no one can 100% predict what will happen next.
If we look at the chart, we are now 37% down from the highs for altcoins, and it seems they are bleeding badly, however as mentioned above, if we can see a reaction upwards from here and reclaim the $250B mark, we could be set for new highs this year.
The trend line has been adjusted again, and it is not in a good position, and a drop below the support at around $220B could spell danger for the entire market, as it could trigger many more long liquidations, and push us into a danger zone.
As we get deeper into the bull run, these corrections are expected if we want to target new highs, so as difficult as it is, sometimes it's just a waiting game and trying to position yourself the best you can.
So as always, be patient and stick to your plan, and we'll see you on the other side!
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 $CREDI
Credefi is a finance platform that is changing lending for the better by making it more accessible while having a real world impact.
Lending is becoming more popular by the day, especially within the Web3 world, and $CREDI offers crypto lending, collateralized with real-world assets. This enables a bridge between DeFi and TradFi, giving more opportunities than ever, and linking both worlds to reduce debt build up in European Union.
The lending platform offers lenders stable and predictable returns generated from the real economy, meaning that interest rates may also be better when lending compared to traditional lending due to the incentives on the blockchain.
๐ Now let's move onto the tokenomics ๐
Market cap: $14M
Total supply: 1B
Circulating supply: 748,573,880
Current price: $0.018
The tokenomics on $CREDI are quite impressive, with nearly 75% of the total supply being in circulation, and with just a $14M market cap, this project looks good on the numbers side, and is set up well for the future.
๐ What's the latest with $CREDI?
The continuous improvements to the reward and ecosystem for $CREDI has been great, and they even upgraded this just before 2024 to give bigger incentives to users using the platform and holding $CREDI.
But even bigger news, and most recently, $CREDI strategically partnered with DWF Labs, which will not only improve the project, but it will put more eyes onto it too as DWF Labs have been super successful with many of their partnerships within crypto.
๐ฏ Targets for the future?
As the blockchain grows, and more users start to get involved, the finance side will be more attractive than ever, especially when it becomes more advanced, cheaper and accessible.
$CREDI are leading in many of these aspects already, and are looking to continuously improve on these areas, with them looking to be a European go-to option for lending.
With rewards and a fast expanding ecosystem, $CREDI is setting up for a strong future, and it could be one to watch out for, as not only is the project thriving, and has a large potential customer base... they also have fantastic tokenomics too, so is rather attractive for investors.
Price prediction: The combination of brilliant tokenomics with a thriving project in the Finance space, this could potentially see a 7-10x during the bull run if things go to plan.
As a low market cap project that is ticking many boxes, $CREDI has a bright future, and may just change the game for DeFi lending.
๐ฎ Next up on our selection is $CSIX
Carbon is the fastest Web3 browser in the world, with over 7M users, with the priority on AI assistance, adblock, and better privacy.
With the blockchain and AI advancing at rapid levels, the $CSIX ecosystem not only allows for a more efficient approach but it rewards users too by browsing, making it a super incentivized opportunity for anyone looking to gain more privacy, have an easier time browsing, and earning while doing their day-to-day activities.
This is the first browser to allow VPN, staking, swaps, bridges, adblock, and a crypto wallet, making it the leader within its space, and a very exciting opportunity for investors and users.
๐ Tokenomics insight ๐
Market cap: $11M
Total supply: 940M
Circulating supply: 396M
Current price: $0.027
The tokenomics here may not look great, but with nearly 50% of the total supply in circulation for a project that offers rewards with their browse to earn ecosystem, and with them burning tokens... these tokenomics are good in retrospect.
๐ What's happening with $CSIX?
This is a project that is growing fast, and that includes partnering with over 25 new partners in the last few quarters, with new products and integrations along with this.
Most recently, $CSIX has been listed on HTX which is one of the biggest and most respected exchanges in the world, indicating the want and direction of the project. On top of this, they are set to start their biggest marketing campaign to date, lasting around 6 months!
๐ฏ Targets for $CSIX and its future??
As we venture further into the bull run, more and more eyes will start to from onto $CSIX as they are still a growing project but with a great ecosystem and constant developments.
With them leading as the best Web3 browser, with much more to still come, we could be seeing a super project in the making, especially with so many partnerships recently.
Price prediction: As a leading project in its niche, combined with the partnerships and progression, we could potentially see a 10-12x in the future.
This is a project that isn't slowing down, and with over 7M users, they are already in a great position of market dominance, and could be in for a great bull run if things continue.
๐ฎ Our final pick this week is $ISP
Ispolink is an AI driven platform that empowers crypto, DeFi, and gaming firms to source tech talents around the world.
This is a community inspired ecosystem which includes the Ispoverse, allowing players and brands to take part in play2earn, hackathons, NFT exhibitions, immersive co-working, collaborations and education.
The $ISP ecosystem has multiple utilities and some of these include NFTs, governance rights, staking, referral mechanisms and GameFi rewards, making it an inclusive and incentivised communal based ecosystem.
๐ Tokenomics breakdown ๐
Market cap: $3.8M
Total supply: 10B
Circulating supply: 2.7B
Current price: $0.0013
At a glance, the tokenomics look poor, and while these are not ideal, when you take into account the rewards and referral system, there will be a chunk of the supply out of circulation to allow this.
However, with only 27% of the supply in circulation, it is still not ideal. But tokenomics are only one part of a project, and while these do not look great, it does not define the success of the project and its future.
๐ What's the latest for $ISP?
In the last month, $ISP have made multiple partnerships, which are targeted to help grow the ecosystem and add exposure to the project.
Also, there was a token burn of 400M earlier this month, with more to come in the future, making the supply issue less of a concern one step at a time.
๐ฏ Where is $ISP heading next?
AI and gaming are two of the bigger industries both within the blockchain and the real world, and with $ISP being involved in both of these, and looking to accelerate Web3 developers, this is a project with a potentially big future ahead.
Price prediction: Such a low market cap means there is a lot of room to grow, and with the continuous developments, this could potentially see a 10-15x return from current prices at some point in the future.
With the added earning incentives, this project has many ways of scaling and providing further value to both the blockchain and its users, and could be yet another big project in the making if things go to plan.
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 MetaMask
Here are the steps required to be eligible for this airdrop (โณ 7 mins):
Swap with MetaMask ๐
Download MetaMask (App or browser extension) - Click here to start
Open your MetaMask browser extension or app
Switch to the chain you want to swap assets on
Locate and click on the "Swap" button
Choose the token you want to swap from and input the amount
Select the token you want to receive
Click "Swap"
๐ช The next potential airdrop is Bungee Exchange
Here are the steps required to be eligible for this airdrop (โณ 3 mins):
Exchange and Bridge Assets ๐
Connect your wallet to Bungeeโs frontend and switch to an network Bungee supports that you have assets on - Click here to start
Set your the origin chain in the swap menu to the network you connected with
Choose your destination chain
Choose the token you want to send and the asset you wish to receive
Select an optimal bridge route depending on your time and cost preferences
Bridge your funds and approve the associated transactions
๐ช The final potential airdrop is Blast
Here are the steps required to be eligible for this airdrop (โณ 2 mins):
Sign Up for and Bridge to Blast๐
Acquire and input an invite code from communities or social media
Follow Blast on Twitter and connect your account to verify
Join Blast's Discord
Connect your wallet
Input the amount of ETH you want to lock in Blast
Press "Submit" and confirm the transaction
Did we miss something great? Let us know.