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๐Ÿ’Ž Fortune Finds with Flooz 7th 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

9 min read โ€ข Jun 14, 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

๐Ÿ†• New Flooz product update!

We've teamed up with ArkiTech to provide verified link pages on their products to over 60k groups!

But wait... it doesn't stop there. We already have projects getting involved.

Toshi will be the first token on base to launch an exclusive Raid2Earn competition to their owners.ย 

They also happen to be a partner of ours and ArkiTech!

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

Just as the markets started to build up, we fall again...

But will we fall further, or see a rally from here?

Let's jump straight into the altcoin chart ($OTHERS) to see what's happening ๐Ÿ‘‡

Others chart 1D 11-06-24

The daily closed bearish, with altcoins struggling currently but that is no surprise as Bitcoin also dropped, and usually whatever Bitcoin does, altcoins follow.

In this case though, altcoins have been hit much harder and as you can see on the chart, we are now nearly 30% away from the high we saw earlier in the year, which indicates that we need a push soon to help recover and have a bigger leg up and look for new all-time highs.

As it stands, we are still above the important support, which saw a quick wick down below it, before going back above. This is around the $250B mark, and it needs to hold for us to be able to push back up.

If we drop below that, we could see a much bigger drop before finally seeing a recovery, but that would slaughter altcoins in the short term.

On a positive note, a drop was needed for market health, but it seems we have dropped a bit too much and now need a good recovery to put us back into a bullish state.

For the short term, we need the altcoin market cap (excluding top 10) to reach the $275B mark again, and we should then see a push for $300B. but for this to happen, Bitcoin would also need a push above the $70k mark again.

Remember, there will be ups and downs during this bull run, and at times it may seem hopeless, but it is part of the game, so being prepared and only investing what you can afford is vital.

Stay safe frens, and let's hope for a recovery and a push for new highs soon!

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 $LAI

LayerAI is the dedicated blockchain network for data monetization within AI models, with their ecosystem including a zkRollup Layer-2 blockchain, LayerVPN, KyotoX, LayerMarketplace, and the LayerAI data economy app.

In terms of AI, they are a leader in some of these aspects, and are looking to continue expanding as AI expands, which for the blockchain, could be extremely bullish, especially with the narrative being so strong previously too.

They also allow for AI2Earn, which means users can literally earn money through AI, further showcasing how impressive their ecosystem is, and why they may be a project that is a leader within AI and to watch out for during this bull run.

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

  • Market cap: $59M

  • Total supply: 2,910,997,728

  • Circulating supply: 2,017,664,394

  • Current price: $0.03

With the market cap being under $100M, and over 60% of the supply in circulation, this project has great tokenomics considering they have AI2Earn too, which is likely taking a portion of the supply away from the circulation as a result.

๐Ÿ‘€ What's the latest with $LAI?

Last month, LayerAI announced that their growth campaign called AI26 in which they have 26 milestones, 26 achievements, and 26 announcements are in play.

This is super exciting as they are planning on expanding BIG time, and with AI growing at a rapid pace, if they can keep up, this could be a super project in the making with loads of utility to come with it.

Let's not forget that their ecosystem is already stacked, so any further additions are simply fuelling the power of this project even more.

๐ŸŽฏ Targets for the future?

We already know that AI is huge, and is certainly not going anywhere, so projects like $LAI that are not only implementing it, but being a driving force for innovation, will likely see a massive influx as a result.

This project has been picking up great interest, and with them about to expand even more, it could be a good time to add them to your watchlist as they certainly are not slowing down any time soon.

Price prediction: The combination of fantastic tokenomics with a thriving project in the AI space, this could potentially see a 5-8x during the bull run if things go to plan.

Oh... and let's not forget their AI2Earn part of the ecosystem, not only exciting but providing utility back to users who want to get involved.

Overall, this is a fantastic project, with a great ecosystem, that is keen on making a difference for the world and the blockchain with AI.

๐Ÿ”ฎ Next up on our selection is $SYLO

Sylo is now an infrastructure layer for data, powering interoperability for assets and users throughout the open metaverse. The decentralized Seeker Network and Sylo Graph protocol will work alongside the FuturePass digital identity to help users store and share information about themselves that can be made available to applications and experiences.

This is a unique approach that could also see massive traction with some areas of the world looking to implement similar types of protocols. Mixing this with a social graph is like having your own profile spread across everything, almost like a videogame.

๐Ÿ“Š Tokenomics insight ๐Ÿ‘‡

  • Market cap: $4.2M

  • Total supply: 10B

  • Circulating supply: 2.4B

  • Current price: $0.0017

As for the tokenomics, these are not exactly ideal, especially with only 24% of the supply in circulation... however, tokenomics aren't everything, and in fact - there are many top project that have got into the top 100 without great tokenomics.

So, while this may be concerning, they aren't as bad as they seem, and it doesn't have a massive impact on the price either, especially with a maximum supply in place like so with $SYLO.

๐Ÿ‘€ What's happening with $SYLO?

In the last 3 months, $SYLO have formed multiple partnerships, including having interactions with Reebok and their blockchain integrations, which is very positive.

On top of this, they also got listed on major Tier 1 exchange MEXC in March, which gives much more volume and exposure to the project.

๐ŸŽฏ Targets for $SYLO and its future??

Even though the tokenomics are a little questionable, this is a project that is building continuously, with new partnerships and they are looking to change the identity approach on the blockchain too, which could have major future integrations due to the importance of data linking.

Price prediction: It is early days still, with just a $4M market cap, but this is a project with a lot of potential, and could see a 7-10x in the future.

A focus on assets and data linking is becoming more and more popular as users and investors grow their portfolios within the blockchain, and this is a project that can and is certainly solving this issue.

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

Vanar is a Layer 1 blockchain designed for real world adoption, with entertainment being the biggest focus. Vanar incorporates a series of products, including gaming, metaverse, AI, and brand solutions.

The Vanar ecosystem is powered by $VANRY which is their own token, and it is currently listed on multiple tier 1 exchanges, including KuCoin, Binance, and MEXC.

Entertainment is one of the most prosperous industries in the world, and the digital age is only improving this, with more eyes on it than ever before, making this one tot watch for sure as the bull run and the blockchain ramps up even more interest.

๐Ÿ“Š Tokenomics breakdown ๐Ÿ‘‡

  • Market cap: $239M

  • Total supply: 2.4B

  • Circulating supply: 1.4B

  • Current price: $0.16

Currently $VANRY has around 60% of its tokens in circulation, which is a great number and represents tokenomics strength, especially with a $239M market cap.

It is also important to remember that the $VANRY token is used in the ecosystem, meaning a certain percentage will be locked up for that exact reason, making these tokenomics even more bullish as a result.

๐Ÿ‘€ What's the latest for $VANRY?

This month, Vanar launched their Mainnet program which is set to drive massive interest into their ecosystem with rewards, node validators, crypto exchange integrations, and much more.

They have also been partnering and adding new adoptions too, so this project is certainly not slowing down anytime soon and the year could be interesting for them and investors.

๐ŸŽฏ Where is $VANRY heading next?

With so many launches, expansions, partnerships, adoptions and anything else that Vanar are currently doing, this project is super exciting.

Not to mention that they have brilliant tokenomics, are targeting multiple entertainment departments, and are already listed on multiple major exchanges... This is a project that could have a super bright future.

Price prediction: The recent Mainnet launch combined with their already exciting ecosystem, we could see a potential target of around 10-15x if things continue.

This project ticks many boxes, and is targeting a very big audience with the entertainment focus, which could result in an impressive longevity and price action for $VANRY as a result.

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 Squid Router

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

Bridge with Squid ๐Ÿ‘‡

  1. Connect a funded Cosmos or Ethereum wallet to Squid - Click here to start

  2. Select a chain that you have funds on as the origin

  3. Choose an asset you want to bridge and input the amount you want to send

  4. Select the chain you want to bridge to (note: you may need to connect an additional wallet)

  5. Select the asset that you want to receive

  6. Click "Submit" and approve the transaction

๐Ÿช‚ The next potential airdrop is Braavos

Here are the steps required to be eligible for this airdrop (โณ 3 mins):

Download the Braavos Wallet and Transact ๐Ÿ‘‡

  1. Download the Braavos wallet for your browser or mobile device - Click here to start

  2. Select โ€œCreate a New Walletโ€

  3. Set your password

  4. Record the secret recovery phrase

  5. Select โ€œStark Mainnet Alphaโ€ as your network

  6. Accept the disclaimer

  7. Click "Deposit" and use bridges and onramps suggested to get ETH and other tokens into your wallet

  8. Transact and use the dApps available on Starknet

๐Ÿช‚ The final potential airdrop is Term Finance

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

Lend in a Term Finance Auction๐Ÿ‘‡

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

  2. Choose an open auction date and click the "Participate" button

  3. Select "Create Offer (Supply)"

  4. Fill out the specifications for your offer (note: a lower minimum increases the chance that your offer will be accepted)

  5. Click "Submit Bid" and approve the transaction

Borrow from a Term Finance Auction๐Ÿ‘‡

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

  2. Choose an open auction date and click the "Participate" button

  3. Select "Create Bid (Borrow)"

  4. Fill out the specifications for your bid (note: a higher maximum increases the chance that your offer will be accepted)

  5. Click "Submit Bid" and approve the transaction

Did we miss something great? Let us know.

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