Apr 27, 2023 at 10:18Looking for some potential crypto opportunities? Check out our latest article covering TORN events, the revival of Zilliqa (ZIL), and the ALPACA rewards program. Find out how to get involved and potentially benefit from these developments in the world of cryptocurrency. Get more details below!
Opportunity #1: Events around #TORN
Events are piling up around #TORN that could provide strong growth momentum.
- Chainway last week released a new tool for Tornado Cash users. The tool allows users to prove that their deposited funds were not from a list of wallets containing stolen or criminal funds without revealing their address and maintaining anonymity.
- The court is likely to make a final ruling on the fate of Tornado Cash’s lead developer in the coming days. This will largely determine the fate of the project.
In anticipation of this decision, the project is already showing growth of 2% in the last 24 hours.
Opportunity #2: Zilliqa (ZIL) prepares to jump
ZIL has not yet caught up with a strong correction, but it is still present. At the moment, the price is in the green zone relative to the previously broken resistance. According to the technical analysis of RLinda, if the trend reverses, the price may show a strong rally towards $0.0500 and $0.0700.
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- Strong support: $0.0310
- Strong resistance: $0.0365
The specialist said that he expects the formation of consolidation or a false breakdown of support, with further growth in the direction of $0.0500.
Opportunity #3: Testing Alpaca Finance 2.0 products
Alpaca Finance is the largest platform for leveraged DeFi products. AF 2.0 is an updated protocol that consists of Money Markets and Leveraged Farming. Money Market will feature stake rewards, borrowing, and cross-margin usage. Leveraged Farming will be available later.
A total of $900,000 in ALPACA tokens (current price: about $0.2725) will be distributed to lenders and borrowers for a 12-week period after launch as rewards for using the site.
- Week 1 – 2: 20,000 ALPACA per week
- Week 3 – 12: 86,000 ALPACA per week
The conditions
- The Money Market beta test will begin April 27 at 10 a.m. UTC, and is scheduled to launch three weeks after testing.
During the beta testing phase, the platform will support the following coins: BNB, BTCB, ETH, USDT, BUSD, and USDC. There may be others at a later date.
ALPACA rewards emissions will begin approximately 1 hour after Money Markets pools open.
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