Apr 21, 2023 at 11:02The world of cryptocurrencies is constantly evolving, and with that come exciting opportunities for those looking to invest and make a profit. Today, we highlight three such opportunities. Read on for more information.
Opportunity #1: Speculation on #TORN
News reports say that the lead developer of TornadoCash has been temporarily released and will await trial at home with an electronic bracelet. Many observers interpret the softening of the court’s position as a possible positive decision. Recall that the court’s verdict will be on April 26. In the event of a positive decision, a strong pump of this token is expected.
The token was up 14% overnight but is currently down while waiting for the court’s resolution, which gives a convenient option to buy DIP if you are ready for this short-term speculation.
Opportunity #2: bulls for ETH
The bulls recently managed to raise ETH to $2,100 before correction/rebound mode began. According to Project Syndicate’s technical analysis, this decline period could last until May. And the new ETH low will be around $1,563.
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Overall, the chart below shows the prerequisites for further growth during the summer season.
Bullish strategy: remain patient and wait for a better entry price of about $1563. Later this year, ETH could rise as high as $2,500.
Remember, past performance is not indicative of future performance. Always limit your leverage and use tight stop-losses.
Opportunity #3: claiming ArbDoge.AI (AIDOGE) meme tokens
This only applies to those who received a drop from Arbitrum.
ArbDoge AI is an experiment in the Arbitrum ecosystem. All tokens will be distributed fairly and applied to the community, which is only the first step. The creators of the ArbDoge AI protocol hope to work with the community to create a strong series of products using AI and Web3.
How to receive tokens:
- Follow this link;
- Connect a wallet to the Arbitrum network;
- Claim the tokens;
- If the tokens were not automatically added to the wallet, press “import token” and insert the contract: 0x09E18590E8f76b6Cf471b3cd75fE1A1a9D2B2c2b
- Send tokens to MEXC and sell (or hodl).
- After selling on DEX, remove token approvals on revoke.cash and disconnect the wallet from the site.
Tokens can be staked at an annual percentage yield (APY) of ~2.180%. AIDOGE is deflationary, and 15% of tokens are burned on buy/sell, so if you’ll use DEX, set a 20% slippage.
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