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Daily crypto opportunities: dangerous AI tokens, tips to get a drop from Starknet, and the best way to buy Aptos

Andrew Zhoao

News editor

Mar 29, 2023 at 07:00

It takes a lot of time to monitor the situation in the crypto world all the time, but it’s necessary; otherwise, you won’t find another airdrop or a raffle, for example. We’re happy to help you and take some of the work out of finding the best opportunities from all over the internet. Here’s what we dug up this time.

Opportunity 1: beware of investing in AI tokens

A powerful coalition of over 1000 prominent scientists and technologists, including Elon Musk and Steve Wozniak, has been formed and has published an open letter demanding that AI systems more powerful than the GPT-4 be suspended. Such a strong rise in resistance by today’s Luddites could painfully hit the now-popular AI tokens.

Crypto is strong enough now, but the war against individual sectors is still quite effective, so such initiatives are important for any investor to consider. As an example, we can mention the war against privacy coins launched by regulators in 2021, which led to the fact that such coins were delisted from known exchanges, which led to a record drop in their capitalization.

Opportunities 2: five tipst to get a drop from Starknet

StarkNet is Ethereum’s Layer-2 scaling solution. STRK technology uses zero-knowledge proofs to aggregate multiple transactions into a single proof, reducing the load on the Ethereum blockchain. The blockchain has raised $260 million from Paradigm, Sequoia, Pantera, Multicoin Capital, Consensys, and Coinbase Ventures since 2018.

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As you can see, StarkNet is an interesting project that has been on the market for quite a while and has gained the support of respected investors. 

Now let’s move on to the opportunity to make money on this network. Officially, StarkNet has not stated anything about dropping STRK tokens. However, there are many rumors on social media. First, on March 21, Starknet alpha v0.11.0 on Testnet was launched, and the first phase of Starknet Governance began. Also, a role such as a delegate appeared.

The actions below are designed to achieve delegate status and qualify for future awards. And given the solidity of the project, the rewards can be very juicy.

P.S. Beware of scams! The Starknet token (STRK) is not yet available for sale.

1. There are two wallets in the StarkNet ecosystem: Argent and Braavos. Using Braavos, you can also claim an airdrop from the wallet itself.

  • You can install it at this link.
  • You will need ETH on the Ethereum network on our Metamask to top up.
  • Create a wallet by clicking on the Get Started button.
  • Create an account on the main network by clicking StarkNet Mainnet Alpha.
  • Then Deposit the account by clicking Deposit. Connect wallet L1 Metamask and L2 Braavos. Select the StarkGate bridge.
  • Enter the amount of refill and click Transfer.
  • Then the wallet must be activated by clicking on Setup Now, then Setup Account.

2. Myswap is the largest Automated Market Maker (AMM) on Starknet. Also, Jediswap and 10kSwap are good ones.

  • Click on this link, this, or this
  • Make some swaps in the Swap tab and provide liquidity in the POOLS tab.

3. Nostra is a liquidity protocol for lending and borrowing. 

  • Connect a wallet and make a deposit in various tokens.
  • In the Assets section, click Manage.
  • Go to the Borrow tab and borrow ETH.
  • After a few days, we come back and close our debt through the Repay button in the Assets section and withdraw our ETH to the wallet through the Withdraw button.

4. NFT projects on Starknet

  • Mintsquare is an NFT marketplace where we can buy, sell, and even create our own NFTs. 
  • We create our NFT by clicking Mint.
  • Upload an image, come up with a name, specify the URL and description of our NFT, then click Mint and confirm the wallet transaction.
  • Aspect is an NFT marketplace. You can buy or sell NFT in the Buy/Sell section.
  • Starknet ID is a service for buying domain names on the Starknet network.
  • In the search, we enter the name we want, select the minimum term of 1 year, and click REGISTER FROM L2, then confirm the transaction in the wallet.
  • Briq allows you to create pixel-based NFTs.

5. Activity in test projects

  • Test the ETH you need to get into the Goerli faucet, then transfer them through the Goerli Starkgate test bridge and activate the wallet.
  • Hashstack is a lending protocol on the Starknet network. You can test it on the test network, and you can also join the waiting list on the main network. The guide is at this link.
  • ZKX is a decentralized, leveraged exchange. You can participate in the Yakuza testnet and community programs. Information about the Yakuza is on Discord.

It is best to repeat these steps once or twice a month.

Opportunities 3: when is it best to buy Aptos (APT)?

Aptos is a Layer-1 proof-of-stake blockchain that supports smart contracts and decentralized applications. Aptos Labs was founded by core contributors of Diem (developed by Meta) in 2021.

Last October, P_S_trade published an idea to buy APT/USDT. At that time, the price of Aptos was $9.50, but it was advised to buy it in the $2-4 range. The bottom was reached a few months later, at about $3. Under current market conditions, experts suggest placing orders “by a grid” in the $7-9 range to buy APT. If all orders are triggered, the average price will be around $8.

In general, the growth of Aptos’s price by +560% in January 2023 showed that there is interest in the project, which means that there is a very high probability that it will develop.

The main goal is to buy APT into your medium to long-term investment portfolio as profitably as possible.

March 31 closes the strong “green” Q1 2023, respectively, and there will be quarterly expirations on that day. Who knows how much they will try to lower the price to reduce contract settlement losses?

So set alerts for price declines or limit orders and wait for the right moment.

Aptos (APT) chart
Aptos (APT) chart

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