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Daily crypto opportunities: Polkadot’s “rebranding”, Braavos potential drop, and Filecoin’s rising

Andrew Zhoao

News editor

Apr 13, 2023 at 01:19

Brace yourselves for some exciting news! Polkadot is undergoing a “rebranding” that could shake up the market and DOT’s price, Braavos is showing potential for a giveaway, and Filecoin is on the rise. Want to stay ahead of the game? Read on to learn more about these crypto opportunities!

Opportunity 1: Big news for investors in Polkadot

The Polkadot project has filed a trademark application for a blockchain-based mobile messaging app

The trademark will be the phrase “Polkadot Converse.” The application concerns “social networking software, software for creating, managing,and interacting with an online community, as well as software for creating, sending, and receiving electronic messages, images, and audio content.”

If Polkadot’s application is approved by the U.S. regulator, this crypto project will pioneer the adoption of Web3 technologies in social networks and messengers. This is a rather unusual bet for this large altcoin, which is important for its investors to consider. 

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If you like the idea, you have time to invest before the application is approved, after which the market will probably react to such an ambitious rebranding of the project. The $DOT coin is currently the 11th largest cryptocurrency by market capitalization at about $7.5 billion.

Opportunity 2: Braavos and potential drop

Braavos is a wallet on StarkNet. The project, with its quests in Zealy (Crew3), helps farm on-chain activity in StarkNet.

How to become a potential member:

  • Complete the quests on Zealy;
  • Pick up roles in Discord that can give you advantages.

You can also pick up NFT shields from Braavos and StarkNetID (only two of the three are available so far). How to get an NFT shield:

  • Bronze

1) Register a domain with at least five characters (cost about $2);

2) Select the account with the domain and put your domain as the main one;

3) Go to the StarkNetID website and pick up your bronze shield.

  • Silver

1) Set your domain as primary for 3 months or more;

2) Go to the StarkNetID site and mint your silver shield.

Opportunity 3: Check out Filecoin (FIL) for your portfolio

The FIL/USDT price is moving up against the market trend. The main task for FIL buyers is to keep the price above $5 before a real and strong upward movement begins. According to P_S_trade analysts, the FIL/USDT trading pair is quite volatile, so drawdowns of up to $4 are possible. Therefore, project supporters and those wishing to purchase these tokens for their mid- and long-term portfolios can place buy orders with a grid in the $4–$5 range. At the moment, the global growth targets for FIL/USDT are $25 and $44.

Filecoin to USDT chart
Filecoin to USDT chart

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