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
10 min read • May 14, 2024
💎 Fortune Finds with Flooz
Today’s agenda points ⤵️
📊 Altcoin Market Outlook
💎 Flooz Fortune Finds
👀 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!
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So, enough of our baffling, let's jump into the juicy stuff👇
📊 Altcoin Market Outlook
Bitcoin has been holding all the cards recently, which has impacted altcoins significantly...
But are we about to see a turnaround in the short term?
Let's take a look at the Altcoin chart (aka OTHERS), this represents the altcoin market, excluding the top 10:
Firstly, we are still in a similar situation to a few weeks ago, but the recovery on the market allowed for some breathing room for alts.
With Bitcoin seeing a move up, it has again caused altcoins to bleed a little more, but the good news is... many altcoins are coiling up and are pretty much bottomed ready for an explosive move up.
If we look at the support level, we are hovering just above, which is likely to hold in the short term, but to move up and truly get the altseason going, we need to see significant movement first, but for that to happen, the BTC dominance needs to drop too.
The daily close is still bullish, with alts moving back up but they also saw a slow drop down as Bitcoin creeped up, if we can get another leg up for Bitcoin, altcoins should also follow up too.
Looking at the chart, we are currently 28% away from the highs of the market so far, but if you look at the highlighted circles, these were the areas and patterns before a move up across the year so far and it looks like we are readying the next move up.
Bitcoin has started to climb again and also closed bullish on the daily, so if we do see that occur, a significant rise could trigger an explosive move up for altcoins once dominance drops. A target above $315B is where we would be hyper bullish and likely see new highs occurring on certain altcoins.
Either way, things are starting to heat up for altcoins and the next breakout could see green candles come flooding in as a result, but as always, there are no guarantees in crypto, so be patient and only risk what you can afford to lose.
💎 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.
The Dione Protocol is focusing on making a more efficient, green energy focused blockchain approach, with the plan to make the digital world as sustainable as possible.
While it may not seem like a priority, the digital world is expanding a record rates, with almost everything involving some form of digital essence, and any approach to making this more sustainable will be a a game changer, and $DIONE are looking to do exactly this, with the greenest form possible.
Now let's move onto the tokenomics 👇
Market cap: $100M
Total supply: 9,889,892,473
Circulating supply: 9,510,863,533
Current price: $0.01
Over 90% of the total supply is currently in circulation for $DIONE, which is super bullish for any project as it indicates more true value with the diluted value only being slightly higher.
When we combine this will a market cap of $100M, it makes the project even more valuable as there is evidence of interest and validity, but it also means there is room for much more growth. These tokenomics overall are great, and we could see increased interest as we progress through the bull run.
What's the latest with $DIONE?
Currently, $DIONE is looking to migrate to their own blockchain, with the testnets already completed and live, it is just awaiting the actual migration now. As well as this, there have been continuous work on marketing, with celebrity partnerships planned soon, which could have a massive interest flood as a result, as well as adding further credibility to the project.
Finally, $DIONE is also set to release on-ramp fiat integration for their wallet to further improve the process for users to purchase and own their token, with the most protection possible.
Targets for the future?
The year has been good for $DIONE so far, but that is just the start as they are planning on introducing their mainnet this year as well as ramping up marketing and other features for their project including more sustainable approaches and new partnerships to increase exposure and validity.
In 2024, $DIONE has seen a rise of around 450%, hitting a new all-time high, and has much more room for growth as the bull run ramps up and they continue to expand and improve.
#NFA Price prediction: Even with a great start to the year, $DIONE is targeting much more growth and could see a 5-10x from current prices.
In terms of project strength, $DIONE ticks so many boxes from their team, and marketing, to tokenomics and project road map. And with their approach to improve digital sustainability, this could be one to watch leading into the bull run as it is already gaining attention quickly, and there is much more to expand upon still.
Ice Open Network is building a new era of decentralized app development, with their plans to make it the most efficient on the blockchain. Their platform is designed to be censorship-resistant, empowering individuals worldwide to create applications that prioritize user privacy and autonomy.
As we move into a more privacy focused world, being able to develop decentralized apps with ease and no restrictions is a game changer, and it seems $ICE are looking to lead this charge.
Tokenomics insight 👇
Market cap: $31M
Total supply: 21,150,537,435
Circulating supply: 6,615,204,261
Current rice: $0.0047
The tokenomics are in a good position, especially with the max supply being capped, meaning no more can be added to circulation. But the only concern here is the circulating supply sitting at around 31% of the total supply.
While this isn't a major issue, a circulating supply below 50% can be a slight concern for investors. However, with this being a super new project (released in February), the tokenomics are actually in a good position and less concerning.
Once we combine this with a $31M market cap in such a short life time for the project, it seems $ICE is attracting attention at a quick rate.
What's happening with $ICE?
Recently, they have improved the limitations with mining $ICE tokens, making the ecosystem stronger as a result by increasing the amount of nodes that one user can operate. On top of this, $ICE are also set to fully launch across multiple platforms, including Google Play Store, Linux, Windows, and MacOS.
With them only launching this year, they're certainly not holding back, and there are many more developments to come as the year goes on, and the project continues to expand and grow its ecosystem.
Targets for $ICE and its future??
As the project is still in its infancy, there is incredible room for growth, and with the project already picking up massive interest, it could be an exciting year. When we combine this with the bull run, we truly could see a big push on $ICE as the developments are released.
#NFA Price prediction: The sky is the limit with $ICE currently, a new project solving a big and bullish problem. A realistic future price could be 10-20x as a market leader.
As this project is continuing to grow and mark its ground, the future is bright and with them attacking a problematic and needed issue within the blockchain space, we could see some massive interest gather on $ICE as a result.
Remember, even though this is a new project, which indicates risk, they're already off the mark and disrupting the markets, which for an early project... it's super bullish and is certainly a token to keep an eye on for the future.
But don't wait too long... it may be too late by then 👀
Vulcan Forged is part of Vulcan Studios, which is a gaming platform and has made and continues to make some incredible games on the Blockchain, and has a strong community of over 20k for these alone.
As for their token $PYR, this is one of two tokens that powers their Vulcan Forged ecosystem allowing for a more immersive experience for both users and investors.
As well as this, they also have Elysium which is their carbon-neutral decentralized network dedicated to AI, the metaverse, NFTs, and other promising Web3 projects, making this a super project, mixing many market interests into one.
And let's not forget... the gaming industry is still growing fast and the blockchain is attracting a lot of attention too, especially with the earning opportunities for gamers.
Tokenomics breakdown 👇
Market cap: $119M
Total supply: 50M
Circulating supply: 28M
Current rice: $4.25
With the circulating supply being just above 50%, and the max supply being capped at the total supply of 50M, these tokenomics for a thriving and ever-expanding project are bullish.
And not to mention the market cap being over $100M, which indicates big interest in the project, $PYR is certainly one to keep an eye on as they also had a very good bull run last time, so are certainly not new to this game (pun fully intended).
What's the latest for $PYR?
The continued focus on their ecosystem is strong, and the recent competitions with great prize pools have helped $PYR to do so by getting increased a participants while also seeing improvements to their games as a result.
Slightly away from the games, the launchpad of Elysium (their carbon-neutral Layer-1 blockchain) has gone on public sale and is allowing early investors to potentially have a great opportunity here. This is also fantastic news for their continuously growing ecosystem.
Where is $PYR heading next?
This is not the first rodeo for $PYR, as they have been involved in the previous bull run and saw some incredible interest as a result. But will they see similar conditions this time?
It is likely that $PYR will do well again, as they are even more developed than before and have been growing continuously since, which indicates not only a strong project but a strong community too.
With more releases and improvements to come, they certainly aren't backing down and are looking for another explosive bull run.
Price prediction: Currently, $PYR is a 10x away from its all-time high, so if the bull run goes as planned, we could see a conservative 10-15x from current prices.
That makes this a potentially great investment as not only are they still expanding, but they have a thriving community and ecosystem to match this, and not to mention they have seen much higher prices before, so are fully equipped to push as we move deeper into the bull run.
👀 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 MetaStreet
Here are the steps required to be eligible for this airdrop (⏳ 10 mins):
In a Bitcoin and Ethereum dominated world, it seems that we have another contender looking to take the reigns... And yes, we are talking about memecoins.
