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๐Ÿ’Ž Fortune Finds with Flooz 6th Edition

Welcome to Fortune Finds with Flooz, where we showcase the hottest altcoins leading into the bull run, giving you insights into the projects as well our predictions for their future.

Flooz

8 min read โ€ข Jun 4, 2024


๐Ÿ’Ž Fortune Finds with Flooz

Todayโ€™s agenda points โคต๏ธ

  1. ๐Ÿ“Š Altcoin Market Outlook

  2. ๐Ÿ’Ž Flooz Fortune Finds

  3. ๐Ÿ‘€ 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 ๐Ÿ‘‡

๐Ÿ“Š Altcoin Market Outlook

The markets have started to shift upwards, especially altcoins...

But when will we see it take off?

As always, let's take a look at the chart, in this case... it is the altcoins chart (OTHERS, excluding top 10) ๐Ÿ‘‡

Altcoins 1D 04-06-24

First thing to notice, is that the trend line is not looking great, we did break above it last month, but we have now fallen again, and are now in a desperate chase to push above it again.

However, we are in an uptrend overall still for the year, which is good news, and even if we hover around this area for a while, as long as we hold those supports, we should be good for continuation upwards.

As you can see, we are also still nearly 24% away from the highs for altcoins market cap, which is lacking compared to Bitcoin that is slowly closing in on a new all-time high. But the big difference here, is we can't have a strong altcoin market, and a strong Bitcoin market at the exact same time.

One typically always performs better, and right now it is Bitcoin...

But not all hope is lost, as we have seen in many cycles before that Bitcoin tends to take the reigns, before eventually giving up its dominance and all that then flows into altcoins and that is where the money is truly made.

So some patience is needed here while Bitcoin builds, but a good sign is showing, as altcoins are moving and have had good spells even during this sideways and horrible choppy movement we are seeing in he markets currently.

We know the bull run can be difficult to navigate, but that's part of the game, and to get rewarded, we need to just sit and wait. So stay buckled up frens, as it is going to be a bumpy journey to the green side of crypto!

๐Ÿ’Ž 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.

๐Ÿ”ฎ First up on the list is $ALICE

My Neighbor Alice is a multiplayer blockchain game in which users can play-to-earn, building and creating their own virtual lands, interacting with neighbors, and allowing players to have assets that can be traded on their marketplace.

Holding $ALICE allows players unique options throughout the game, including content that is not available to others, making it a big incentive, and as a result, it drives the ecosystem too.

๐Ÿ“Š Now let's move onto the tokenomics ๐Ÿ‘‡

  • Market cap: $151M

  • Total supply: 100M

  • Circulating supply: 67.9M

  • Current price: $2.23

As this is a play-to-earn game, circulating supply tends to be much lower than normal, however... $ALICE already has over 65% in circulation, which is a big positive here.

With a 100M total supply, that is also super bullish for future pricing due to no overinflation coming into play.

๐Ÿ‘€ What's the latest with $ALICE?

The biggest news coming from $ALICE is that their season 1 beta has just started, meaning the game is about to ramp up.

It also says "coming soon" on steam, which is the biggest PC gaming platform in the world, with over 120M monthly active users... This could drive a HUGE amount of eyes onto the project.

๐ŸŽฏ Targets for the future?

By now, if you've haven't seen that gaming is taking over the blockchain... you're probably living under a rock.

Kidding...

But this is another example of a project that has built a great project and has a fantastic community behind it too. With much more to come in this year, we could see this start to get some attention.

Price prediction: This is not the first rodeo for $ALICE, with them being in the last bull run, but with even more eyes on gaming, and their roadmap progress... we could see a 5-10x on this possibly.

The tokenomics, and community for this project make it very bullish, and with more developments coming this year, this could be one to watch as we venture further into the bull run.

๐Ÿ”ฎ Next up on our selection is $LYM

Lympo is forging the future for the blockchain and sports, with their NFT ecosystem focused on athletes and clubs.

Already, they have some great athletes on board, most notably Magnus Carlsen, world renown chess player, and Blaise Matuidi, who played professional football for France.

While NFTs were seen in a different light last bull run, we are seeing much more utility, and with sports being one of the biggest entertainment industries in the world, this combination could be interesting.

๐Ÿ“Š Tokenomics insight ๐Ÿ‘‡

  • Market cap: $2M

  • Total supply: 999M

  • Circulating supply: 826M

  • Current price: $0.0023

The market cap is super low, making $LYM a potential gem, with much room for growth, and with 82% of the supply in circulation, the tokenomics are looking very good.

๐Ÿ‘€ What's happening with $LYM?

Lympo have been continuously developing since the start of the year, and have most recent announced that they have successfully transitioned to a DAO, meaning voting rights come into play from token holders.

This is a big move, and can help steady intentions and project progress with users having a say in the future.

๐ŸŽฏ Targets for $LYM and its future??

While the combination of sport and the blockchain is exciting, this project is still very much developing, but things are certainly looking positive, especially with the move recent transition to a DAO.

There are also multiple tokens within their ecosystem, so they are building and trying to create a thriving ecosystem, with incentives for holders, including voting rights and rewards.

Price prediction: It is still early for this project for 2024 developments, but with the market cap being so low, and the team still expanding, we could see a potential 10-12x on this if things go to plan.

๐Ÿ”ฎ Our final pick this week is $XCAD

XCAD Network is changing the watch-to-earn game for 2.1B active YouTube users, enabling fans to earn creator tokens as rewards by simply watching their favourite creators on YouTube.

Already they have some big creators on board already, with them actively rewarding users, many of these have over 5M subscribers, meaning that this project is getting a lot of eyes on it.

The blockchain rewards ecosystems are becoming increasingly popular, but having YouTube as your leverage is a massive advantage for $XCAD, and this project is super exciting as a result for both investors and users.

Another advantage for creators specifically is that it allows them to connect with their fans on a different level not seen before, making this even more interesting as a project.

๐Ÿ“Š Tokenomics breakdown ๐Ÿ‘‡

  • Market cap: $42M

  • Total supply: 198M

  • Circulating supply: 47M

  • Current price: $0.88

As this is a rewards ecosystem, the circulating supply is expected to be worse than a usual project as they have to have tokens allocated for that.

But with a maximum 198M supply, and nearly 25% in circulation, the tokenomics are not too bad.

๐Ÿ‘€ What's the latest for $XCAD?

XCAD Network recently released an update, which showed progress and news on recent developments, including their plans to add even more utility, meaning it is not just a watch2earn ecosystem.

They are also seeing success with the launch of a project via a YouTuber who is using their ecosystem to allow his fans to become involved, so far the project has exceeded expectation, meaning this is a big case study for future releases on the ecosystem.

๐ŸŽฏ Where is $XCAD heading next?

With a slight shift in focus to now offer even more utility and not just be a watch2earn ecosystem, $XCAD are looking even more enticing with viewers, especially as they have already successfully integrated with YouTube and have active creators involved.

Price prediction: $XCAD has already been performing well in 2024, but is still over 10x away from its all-time high, and we could see a 10-15x from here potentially.

The entertainment industry is huge, and with YouTube being a big part of that, we could see $XCAD start to perform very well as more and more creators are onboarded and using their ecosystem.

If you're looking for an ever expanding, and exciting project for the future, this could be it, so make sure to keep an eye on this one, as it could be seeing green and things heat up.

๐Ÿ‘€ Potential airdrops

Flooz Trending

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 ๐Ÿ‘‡

๐Ÿช‚ The first potential airdrop is DeepBook

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

Download and fund wallet ๐Ÿ‘‡

  1. Click "Add to Chrome" to install the Sui wallet as a Chrome browser extension - Click here to start

  2. Sign in with your Google account

  3. Use Sui's in-wallet buy button to purchase SUI or send SUI to your Sui wallet address from a CEX

Stake SUI with Aftermath ๐Ÿ‘‡

  1. Connect your wallet to Aftermath - Click here to start

  2. Input the amount of SUI you wish to stake

  3. Click "Stake" and approve the transaction

Lend out your afSUI on Scallop ๐Ÿ‘‡

  1. Connect your wallet to Scallop - Click here to start

  2. Navigate to "afSUI" under Lending Pools

  3. Press "Supply" for afSUI and choose the amount to supply

  4. Click "Supply" and confirm the transaction

๐Ÿช‚ The next potential airdrop is Fuel Network

Here are the steps required to be eligible for this airdrop (โณ 6 mins):

Set up Fuel wallet ๐Ÿ‘‡

  1. Press Install Fuel Wallet - Click here to start

  2. Click "Add to Chrome"

  3. Click "Add Extension"

  4. Pin the extension to your task bar.

  5. Click the extension to open it and select โ€œCreate new wallet.โ€

  6. Store your seed phrase somewhere safe and set a password.

Get test ETH ๐Ÿ‘‡

  1. Copy your wallet address from the Fuel wallet browser extension - Click here to start

  2. Navigate to the faucet link.

  3. Enter your Fuel wallet address.

  4. Verify you are not a robot.

  5. Press โ€œGive Me Ether.โ€

Make a vault on BSafe ๐Ÿ‘‡

  1. Connect your Fuel Wallet - Click here to start

  2. Select the Account you want to access BSafe with.

  3. Approve and sign the transactions.

  4. Create a vault and name it.

  5. When you reach the page with โ€œVault signers,โ€ press continue.

  6. Copy the address of your Vault from the BSafe homepage.

  7. Open your Fuel wallet extension and click โ€œSend.โ€

  8. Select ETH as the asset to transfer and paste your Vaultโ€™s address.

  9. Confirm your transaction.

๐Ÿช‚ The final potential airdrop is Ambient

Here are the steps required to be eligible for this airdrop (โณ 4 mins):

Swap Assets with Ambient๐Ÿ‘‡

  1. Connect your wallet to Ambient's frontend and switch to Ethereum - Click here to start

  2. Choose the asset you want to swap from and input the amount

  3. Select the asset you want to receive

  4. Approve the transaction

Provide Liquidity on Ambient๐Ÿ‘‡

  1. Connect your wallet to Ambient's frontend and switch to Ethereum - Click here to start

  2. Select the asset pair you want to provide liquidity for

  3. Set the range you want to provide liquidity within on the chart by dragging the upper and lower bounds

  4. Input the amount of liquidity you wish to provide

  5. Confirm the transaction

Did we miss something great? Let us know.

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