🚀 Markets about to go brrrrrr?

After a few dreadful months of legal complications for Binance, things seem to be getting back on track.

Flooz

6 min read Feb 1, 2024


🚀 Markets about to go brrrrrr?

Today’s issue ⤵️

1. 📊 Today in markets

2. 🚀 Markets about to go brrrrrr?

3. 👀 What’s next in Crypto?

4. 🔮 Flooz Top Picks

🚀 Flooz Exclusive Data Bytes 

On-chain insights, we've got you covered! Check out the tokens that are swapped by the top 100 holders of SIDUS Token in the last 24h. 

$SIDUS Top whales

Bomber Coin is a PlayToEarn Bomber game in which you can collect Bomber hero, mining to earn Bcoin tokens.

BabyPepeFork is a meme coin that is part of the evident and popular PEPE the frog family.

Senspark is a decentralized virtual reality social networking platform called Senspark Metaverse.

❓ The bears are wrekt!

Things are starting to look up now, but that doesn't mean the rough times are over just yet, we are still in survival mode.

What is a positive though, is that sentiment is doesn't seem to be dreadful when the markets are dropping. This could be for a few reasons, but slowly more investors are becoming more resilient to market movements.

Which is usually where we start to see a reversal and a climb up to new all-time highs, but not before another big scare usually.

However, it's also important to note that we are in unusual times and history doesn't necessary have to repeat at it has done previously.

The halving could already be priced in or soon to be.

Perhaps it takes a few months after to see any positives.

Maybe the Ethereum ETFs have a minimal or even negative impact?

See what we did there?

This is how easy it is to flip on an agenda and let emotions take over. And we are at a stage where people are getting fed up, they just want profits...

We don't blame them.

But being aware that we are likely to see a few more falls before we climb the steps is VITAL.

Remember as always, have a plan and controlling your emotions will make a difference in your guidance through the crypto world.

📊 Today in markets

As we come to the end of the month, it seems we may have been given a nice little move up as a present.

We've seen the markets turn green in the last few days in the lead up to the monthly close, but that doesn't mean we are out of the woods just yet.

So, where are we heading next?

It seems we could force a little higher into the $44k region but a pullback could also be on the cards too.

The uncertainty is rough and while a small pullback after a nice and quick push up makes sense, we've seen many times that this doesn't always go according to plan. Heck... we could even shoot straight up to $50k in the short term.

Wouldn't that be nice?

But sadly, nothing is 100% predictable.

What we do know, is we are still in an uptrend, so there is no need to be bearish in the current situation and important areas have been defended over the recent weeks too.

Ideally, a small pullback into the low $40k area to relieve sell pressure and then we see a continuation up heading closer to that magical $50k mark.

Now we sit and wait and let the market do its thing. Make sure to have a plan and don't let emotion take over. We are getting ever closer to the big green markets that everyone is excited about.

🚀 Markets about to go brrrrrr?

The bad news has been flying around for Binance in the past year, but it seems they are slowly navigating their way out.

However, the turning of the tide for Binance could be a goldmine for investors, especially in the lead up to the bull run...

For the first time since the SEC struck Binance and forced them to settle matters, we have seen Binance recover a portion of their market share which was once as high as 71%...

Sadly, since January 2023, Binance has seen their market share suffer over and over, with a drop as low as 34% back in September, which is not good at all.

Although not all is bad, as it seems to be on the upward trajectory, with Binance seeing a new high for market share since the settlement, seeing a climb to 49%.

Now while this still isn't great, it is certainly a good sign for the entire market, especially leading up to the bull run.

Why is this a good thing?

Let's try to remember that all markets are joined, meaning the more availability for crypto investors, the more money is flowing into it.

Binance are a powerhouse when it comes to crypto exchanges, and with them suffering, all markets suffer. So if we are to see a bull run of dreams, we need to see a thriving environment and that includes Binance.

The community aspect of the crypto world is vital, and while there are rivalries, it is important that everyone sticks together for the same end goal.

This is a positive move for Binance and having them with us for the bull run is certainly better than them against us or not at all, right?

👀 What’s next in Crypto?

Attention all gamers! This is a public announcement that the gaming industry is continuously growing and you're missing out.

Okay, well... it's not that extreme but it got your attention right? Or not.

Either way, the crypto gaming sector has been heating up for a while and if you are looking for a new area of investments, gaming related tokens may just be that.

Why gaming though?

The real question is... who doesn't like gaming? And to add to that, the quality of games is only going to get bigger and better as Web3 expands. We've already seen some big players with taking the market share a few years ago.

I mean people were even quitting their jobs to play full time because of the earning potential.

But we've moved even further since then, it's not simply just play2earn anymore.

The incentives and opportunities are growing bigger than ever, and remember... the world and markets are not exactly in an ideal position right now.

Once things start to move up and get better, the gaming industry will rise and we have seen some projects growing super quickly even during the bear market, with being one of them, seeing a near 400% climb over the last year alone.

Gaming is one of the fastest growing industries in the world, and the Web3 world will be able to push it to even higher limits, this is an area you might want to keep an eye on in the future.

🔮 Flooz Top Picks

Here are our three crypto picks of the week: 👇

First up we have , which has risen 26% in the last 7D.

Sidus Heroes is a Metaverse with a multigenre universe including over 14 games in it's ecosystem and allows co-ownership of the metaverse, LP farming and it even has an NFT store.

Currently $SIDUS sits at around a $60M market cap and has plenty of room to grow for an ever expanding project, with the gaming industry continuously growing too, this may be a potential pick for the future.

Our second pick on the list this week is

Pomerium is a newly designed Web3 game platform that develop games through original IP and the establishment of an independent ecosystem.

This is a new project that started in 2023 and has been continuously building. Plus with a 15% gain in the last 24H, it seems to be picking up some traction.

Gaming is certainly making some noise currently, and we'll be keeping an eye on this for the future.

Our last pick of the week is

Vector space is combining bioscience with AI to further the discovery speed for humankind developments.

With a 34% climb in the last 24H and a market cap of only $21M, $VXV could be a life changing project, literally... (Yes, we know).

This is a unique combination within the Web3 space and certainly something that could catch the eyes of some eager investors.

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