💎 Fortune Finds with Flooz 3rd Edition

💎 Fortune Finds with Flooz

Today’s agenda points ⤵️

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👇

📊 Altcoin Market Outlook

The Bitcoin halving has happened and we are seeing a mixed reaction from the market, but it seems that altcoins could be impacted... Are we set to see a change in direction soon?

Let's take a look at the Altcoin chart (OTHERS), this represents the altcoin market, excluding the top 10:

The first thing you may notice is the big drop from the highs we saw earlier in the year, now while this looks like a concern, overall we are still in an uptrend for the year, and things are starting to look positive.

However, if we look at the trend line on the chart (Orange line), we are in a short term downtrend and we need to capture momentum soon to reclaim the uptrend and push towards the $300B mark. As you can see with the danger line, we saw some big wicks down, that made the altcoin market drop to around $220B market cap, which is around $50B difference to where we are now.

Altcoins did recover pretty quickly, and we are seeing breakouts, but with the Bitcoin halving recently occurring, the focus is on that currently and altcoins are bleeding as a result. Until we see some big movement on Bitcoin, it is unlikely we see Altcoins move into a short term uptrend as BTC dominance is still too high.

For the short term, holding above the danger line is vital, otherwise we could see a freefall on altcoins and potentially drop below the $200B point, which would be disastrous.

As it stands, we are slowly moving back up and as long as the markets start to move by the start of May, we should see a continuation up and potentially the start of a big move for this bull run with altcoins.

However, one more drop for the market could occur before we finally see a bullish momentum shift and see those green candles of dreams start to appear.

Remember, even though the bull run is exciting and opportunities are everywhere, there are no straight lines up and patience is important during less exciting and stagnant times like this.

💎 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.

🔮 First up on the list is

Velo Protocol are creating a trustless financial infrastructure that supports crypto payments and smart contracts. The blockchain has become a hub for cheaper financial options compared to traditional finance and Velo are looking to provide an even better option.

Using their native token $VELO, it enables a transfer of value on the network allowing for settlements of transactions. The VELO token’s utility lies in its double feature as both collateral and as an entrance requirement to the Velo Ecosystem, acting as a double incentive for those looking to get involved.

So, why is this a game changer?

The financial sector has difficulties and $VELO offers a way to earn from your money via liquidity pools and yield farming mainly, allowing investors to get more for their money in a simplistic way.

However, the real game changer is this... Velo seamlessly integrates with traditional finance networks to allow you to easily move funds anytime, anywhere, for any purpose with the added incentives of being part of the Velo ecosystem, with the trustless factor via smart contracts that traditional finance simply cannot offer to the same level.

Now let's move onto the tokenomics 👇

With a market cap of under $200M for such an established project, $VELO is certainly looking strong. The only downside is the circulating supply being around 24% which means the diluted market cap is actually nearly $600M.

What's the latest with $VELO?

This month, Velo announced a partnership with Laos to help provide nearly 8 million people with enhanced Web3 connectivity globally with ultras secure and super fast blockchain transactions for digital gold.

Velo also attended the Sea Blockchain week event where they got to showcase their project and further cement themselves into blockchain innovation.

Targets for the future?

Over the past 30D, $VELO has seen a price increase of around 220%, sparking a interest surge and pushing them into the top 400 crypto projects by market cap. This is super impressive and shows not only the value, but the demand for a fast growing project. The financial sector is one that is always looking to innovate and $VELO offers this and could see a bright future as a result.

Overall this is a super solid project with a dedicated team who have been expanding and attracting a lot of attention with their innovative finance ecosystem, and if they continue at this pace, we could see a super bullish project here.

🔮 Next up on our selection is

Arker is an online turn-based game with tradable assets which can be earned through the game, making this highly lucrative for gamers looking to earn while playing.

Gaming is growing at a fast pace and the blockchain is seeing even more success, especially with P2E (Play-to-earn) possibilities making these opportunities for gamers an even bigger incentive.

Tokenomics insight 👇

The circulating supply is a concern here as it is only around 13% but these numbers have not been 100% confirmed with CoinMarketCap as they are self-reported, but either way, this is quite low.

However, we have seen many projects with low circulating supply push up massively before, and especially during a bull run and the market cap certainly has massive room for movement.

What's happening with $ARKER?

Recently $ARKER announced that AI integration will be a big part of their ecosystem to improve multiple areas, with the aim of transforming gaming in general and opening more possibilities for expansion. We already know that AI is becoming a normality, so early integration and usage could be a huge selling point here, adding further interest in the project.

Arker also attended the Token2049 conference recently to help promote their project and establish new partnerships, so are certainly not slowing down in terms of development.

Where is $ARKER heading next?

This is a super low market cap project that is continuously building and is looking to transform the gaming scene with AI integration.

With more partnerships expected, and an eagerness to keep expanding, this could be project to keep an eye on as we move into the bull run.

As this project is continuing to grow, while it has great potential, it is also a risk too, especially with less than ideal tokenomics and a low market cap.

However, it certainly has the tools to see a fantastic bull run and could even surpass the above price prediction depending on market conditions.

🔮 Our final pick this week is

GamerHash creates a decentralized computing network, supporting generative AI and 3D rendering through GPU usage and their native token $GHX. Combining gamers and rewards to allow for idle consumption of their GPU, this is a project that enables earning capabilities in return for hardware usage, with over 770k gamers already registered and earning. Gaming and AI are two huge and fast growing sectors, potentially making this a lucrative opportunity as the bull run starts to heat up.

Tokenomics breakdown 👇

The tokenomics are very good here, with over 80% of their total supply in circulation and only a $90M market cap, which leaves a lot of room for growth for an already bullish combination.

What's the latest for $GHX?

Last week saw $GHX listed on Tier 1 exchange Gateio, allowing for more investors to get involved and an increased trading volume as a result.

As well as that fantastic listing to increase exposure, GamerHash also attended the Token2049 event in Dubai, allowing them to further showcase what their project can do and potentially attracting more attention to this thriving project.

Targets for $GHX ?

Earning opportunities are growing fast within the blockchain and crypto world, and $GHX is allowing up to $250 a month for shared GPU usage which could spark massive interest as a result. Combining this with the AI capabilities that GamerHash offers, this project could certainly see an explosive bull run.

This is a solid project that offers AI integration and development as a well as earning rewards in exchange for GPU usage. As we move further into the bull run, with economic conditions struggling around the world, the earning incentives may attract more investors, with this being a medium risk investment.

👀 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 👇

🪂 The first potential airdrop is Reya Network

Here are the steps required to be eligible for this airdrop (⏳ 2 mins):

🪂 The next potential airdrop is Squid Router

Here are the steps required to be eligible for this airdrop (⏳ 15 mins):

🪂 The final potential airdrop is Infura

Here are the steps required to be eligible for this airdrop (⏳ 5 mins):

Did we miss something great? Let us know.