Categories: Insights and analysis

Daily crypto opportunities: An important update for ADA, a drop from HoloGraph, and ATOM’s pattern

Published by
Andrew Zhoao

Get ahead in the fast-paced world of cryptocurrency with daily opportunities. Read on and seize the moment to grab your share of the crypto pie! Here’s what we found for you today.

Opportunity #1: An important update for #ADA

Input Output Global (IOG) has released Lace, the first proprietary wallet for the Cardano ecosystem. This is a big event for all fans of Cardano, a major altcoin now ranked seventh in the top cryptocurrencies according to CoinMarketCap.

  • Lace is a browser-based wallet, similar to the popular MetaMask product. It allows users to access the Cardano network directly and use Cardano-based decentralized applications (dApps).
  • Users can also stake ADA tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation.

The market has very positively met the release of the long-awaited wallet. The coin has already grown by 3%, but even if you are not a speculator, as you can see from the data below (weekly and monthly), $ADA belongs to the category of steadily growing assets suitable for long-term investments.

Cardano price index

Opportunity #2: Activities for a potential drop from HoloGraph

HoloGraph is a project that provides multichain tools, making creating multichain digital assets easier, cheaper, and faster. The project has raised $8.2 million in funding from Soma Capital, Avalanche VC, Kosmos Ventures, and others.

We will use Bridge, Core, and Mint tools for activities. This will help increase your chances of getting a drop, if any. The project has running quests that you can do here and get rewards.

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The bridge should be used according to this principle: Polygon to Avalanche, Avalanche to Polygon, Ethereum to Avalanche. Create one NFT per network: 1 NFT = 1 network. 

What to do:

  • Go to the website and connect your wallet;
  • Look for the right NFT for yourself;
  • Create 3 NFTs (one NFT in different networks);
  • After creation, go to the bridge;
  • Transfer NFTs as written above (Polygon to Avalanche, Avalanche to Polygon, Ethereum to Avalanche);
  • Completing tasks in Crew3;
  • Follow HoloGraph announcements on Twitter and Discord.

Opportunity #3: Interesting Cosmos (ATOM) pattern

Cosmos (ATOM) is a cryptocurrency that plays a key role in a blockchain ecosystem designed to scale and interact with each other.

According to Trading Puzzles‘s technical analysis, the ATOM price is preparing to test the lower part of the pattern, which is good, considering the previous bullish waves.

If the price tests the $10.80 area again, it could be a good signal to consider ATOM as part of a portfolio.

ATOM to USDT chart
Andrew Zhoao

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