🚀 Markets ready to fly?

🚀 Markets ready to fly?

Today’s issue ⤵️

1. 📊 Today in markets

2. 🚀 Markets ready to fly?

3. 👀 What’s next in Crypto?

4. 🔮 Flooz Top Picks

🚀 Flooz Exclusive Data Bytes 

Curious what the top 500 wallets owning $AGII also hold? We've picked out three projects that all of these whales have in common...

Here’s the top 3 tokens across all supported networks:

If you want to know more about $AGII, we've included it in our Flooz Top Picks section at the end.

❓ Are we ready?

As we edge closer to the bull run, nerves will start to kick in.

The markets are showing incredible strength and signalling that it wants to go higher, which is great for many investors but not all.

Let us explain 👇

While the markets moving up is a great sign, sadly this will also impact many investors too due to FOMO.

We have seen movement both up and down recently, with a harsh drop to below $51k, which made some people panic.

The problem with this is that the markets have reversed and as a result these buyers will now want to reinvest with the fear of missing out on a market climb.

This could easily be you too. We've all been there, especially when looking at a project for a while but not sure whether to invest...

Suddenly, you see it rise in price and you panic.

"Should I invest now?"

"Will it go back down?"

"Should I sell others to buy this?"

It's an investors cycle and one that is difficult to deal with as emotion wants to take over.

There is a solution for this fortunately...

You need to have a plan and research to back your decisions up.

For example:

If you have researched and monitored a project for a while, but didn't invest and now it has gone up... your decision should be based on the information and understanding that you have related to the project.

If you were going to buy and it has gone up 10%, would you risk not buying to save a bit of money, or invest at a slightly higher price with confidence that it will do well in the future to give you profits you are happy with?

See our point?

The crypto markets are brutal, and emotion will take over which is why sticking to your plan and research is the best option.

Otherwise, it will lead to decisions that you could potentially regret and as we get closer to the bull run and green candles flying around... you certainly want to be positioned the best you can.

📊 Today in markets

We have just hit another yearly high on Bitcoin, and the rest of the market is reacting well, which means things are heating up.

This has come shortly after a drop below $51k for Bitcoin, but where are we heading next?

Up is the most likely scenario, especially judging by the markets. With Bitcoin hitting 57k, it seems the bullish structure is valid.

But let's see what others think 👇

It seems 56/57k was on the cards, but it is also likely that we see a drop from here after short consolidation before finally continuing up and testing the all time high for Bitcoin.

However, for anyone holding altcoins, we could see a drive up for them if Bitcoin does consolidate in this area, before the market has a correction.

Either way, the markets look incredibly strong and a test of the Bitcoin all time high could be on track if bullish momentum and buying pressure continues.

It's important to remember that nothing is guaranteed, so we could even see a move higher for Bitcoin, but being prepared for all situations is the best option.

So sit back and let's see if the bull has truly woken up.

🚀 Markets ready to fly?

Every time we think we are about to get bad news and the markets are in trouble, they surprise us with yet again a generous climb.

And it seems that there is a popular figure buying up more Bitcoin again...

It is no surprise that there is a strong force in the crypto markets right now, and that the ETFs have been driving more interest into the markets.

But we also have a big player buying again, and it's MicroStrategy, who were noticeably close to liquidation of over $4 billion worth of Bitcoin in 2023.

Now, they are flying in unrealized profits and have been buying up even more Bitcoin, this time with another 3000 bought, which is worth an estimated $170M worth at current prices but $155M when bought at the time.

MicroStrategy now holds around 193k Bitcoin, which is close to $10 billion in value, and are certainly waiting for a new all time high which looks close with the recent price of $57k being hit.

This puts us 13k away from having a new all time high, but whether we see that soon is another question.

What we do know is that the bear market looks behind us, and now we hopefully have some green candles to look forward to seeing in 2024.

👀 What’s next in Crypto?

In 2023, Decentralized Physical Infrastructure Networks (DePIN) captured significant attention within the cryptocurrency community.

Now it seems with the popularity of AI, we could be about to see a massive surge in DePINs due to the integration that AI allows and how rapidly they are growing.

So, what are DePINs?

DePINs, at their core, represent blockchain protocols designed to establish, maintain, and manage physical infrastructure in a decentralized and open manner.

This physical infrastructure encompasses diverse elements, including hardware like hotspot routers facilitating wireless connectivity, GPU chips for computing purposes, or data centers dedicated to file storage.

The distinctive feature of DePIN networks lies in their provision of an open and permissionless marketplace for infrastructure services across various industries.

This inclusivity extends to sectors such as media, gaming, AI, information services, and life sciences, making DePINs versatile contributors to the decentralized technology landscape. We've put together a list of DePIN linked projects 👇

As blockchain technology evolves, DePIN networks emerge as innovative solutions that transcend traditional industry boundaries.

Their ability to establish a decentralized marketplace for physical infrastructure opens avenues for collaboration and advancement across a spectrum of sectors, positioning DePINs as key enablers of decentralized technological progress.

🔮 Flooz Top Picks

Here are our three crypto picks of the week: 👇

The first on our list is .

Leveraging the power of advanced AI generation models such as OpenAI, GPT 4, GPT 3.5, GPT 3, Dall-E, Ada, Curie, and Davinci, AGII provides AI generators including text, image, code, chatbot, speech-to-text, and VoiceOver capabilities for Web3.

$AGII is grabbing massive attention in the AI crypto space and has just had a retrace of its all time high, which could signal a good buy in price.

This is certainly a project for the future, especially with massive AI integrations, it might be worth adding to the watchlist for the bull run.

Next up we have .

Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities.

A fair and accessible digital financial system is vital for all involved and $IDIA is aiming to make it that way through their ecosystem.

Over the past 7D, it has seen a price increase of over 100%. It may be worth adding to the watchlist, as it is certainly attracting attention.

The last pick of the week is .

This project focuses on developing on-chain AI integrations along with real world use-case AI applications for which they provide our in-house, custom built suite of advanced tools.

In short, they want to make AI accessible to everyone... which is pretty awesome if we say so ourselves.

With AI grabbing a lot of attention recently, $PALM has seen some great gains, with a rise of 142% in the last 7D and a massive 800% in the last 14D...