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Daily crypto opportunities: Tips for shortists, how to get rare NFT by Polyhedra, and Coin98 analysis

Tanja Nechet

News editor

Aug 9, 2023 at 08:20

Hello, dear crypto fans. Here’s a new batch of food for thought.

Opportunity 🔔 1:  Indicator for those who like to short

The crypto market is very diverse, and that’s what makes it interesting. Yesterday we wrote about a psychopathic whale who sent his entire portfolio of about $5 million to a token burning address.

Today we will talk about another whale who shows stable negative yields but does not give up. Each of his failures seems to excite him even more. Today we will use him as a unique short indicator for fun and profit.

So far, this whale has already lost $2.3 mln trading shitcoins. But there is no way he can stop. He caught the attention of the community last week when he bought BALD for 1102 ETH ($2 mln), and a few days later he sold it for 189 ETH ($346,000) — a net loss of 912 ETH ($1.67 mln). Prior to this trade, he had lost $707,000 on the PEPE trade.

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This time, this trader bought TOSHI for 190 ETH ($348,000). Is it probably time to short this asset?

Opportunity 🔔 2: Is there a big Coin98 pump ahead?

Coin98 has been in a prolonged downtrend for a long time. Now the token is trying to break the trend line. 

According to the P_S_trade technical analysis, it is worth paying attention to the level of $0.24 – this is the first critical level, after which C98 may go into correction. And also on the liquidity zone $0.29-0.33, where there may be increased activity of those who drain coins.

And, in case of demand can pump, the $0.41 level or even higher may not be the limit.

P. S.: Safe purchases are not made during the C98 moves but in accumulation zones, such as $0.152-0.174.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.

Opportunity 🔔 3:  Pandra King by Polyhedra

The project recently updated its campaign on Galxe, and now the rare Pandra King NFT is available for claim and bridge of the default Pandras. These NFTs are divided into 4 types of rarity:

  1. Uncommon – gives out for 10/14 bridges;
  2. Rare – for 15/19 bridges;
  3. Epic – for 20/24 bridges;
  4. Legendary – for 25+  bridges.

Most likely it is Pandra King and its rarity that will play a big role in getting rewards in the future. And it’s worth remembering that the Polyhedra project has raised $25M, and the majority of transactions go through LayerZero, and this whole event in itself is a good wallet warm-up.

On top of that, Polyhedra has launched an SBT NFT in honor of their partner SecondLive’s two-year anniversary. This NFT is not for purchase, but it will give some perks in the future.

Steps to take:

  • Go to this website and connect wallet;
  • Mint each of the pandras 6 times in the networks: BNB, Polygon, CORE, and Celo;
  • Next, bridge each of the 6 NFTs individually on different networks, repeat with all pandras;
  • After all bridges collect points on Galxe: Celo, BSC, Mantle;
  • Go here and mint SBT NFT. If possible – in all networks.

After a while, it will be possible to mint Pandrа King here, but for now, there’s only Coming Soon message.

All information provided on this website is for educational and informational purposes only. Please consult with our Disclaimer.

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