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Daily crypto opportunities: When is DOGE coming out of hibernation, bonuses from Bolide, and more

Tanja Nechet

News editor

Jul 21, 2023 at 07:05

Ready to dive into the blockchain rollercoaster of unpredictable gains and heart-stopping dips? Buckle up your virtual seatbelts and hold onto your private keys, because we’re about to embark on another wild ride together!

Opportunity 🔔 1: Collect bonuses from Bolide

Get a minimum of $50 (and a couple hundred at most) on an airdrop from Bolide project. Bolide.fi is a self-custody DeFi yield optimization platform with a simple UI and “deposit-n-go” philosophy.

Go to their site and do all the tasks listed on their page, starting with “Daily connect.” Despite the large number of tasks, they are all simple; most of them are just to follow and join different social networks.


Opportunity 🔔 2: DOGE wants to break out of a two-year stint

Dogecoin ($DOGE) has been trading inside a triangle pattern since 2021. DOGE has been showing a bullish trend for the past few weeks. Therefore, FieryTrading analysts analyzed what could happen to Elon Musk’s favorite token if it could get out of the two-year pattern.

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Assuming that DOGE’s bear market low is passed, it is likely that DOGE will only go up in the future.

Stop below the recent June lows and target near the $0.70 high.

*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: LayerZero activity hunting

Merkly is an NFT bridge that supports multiple networks using LayerZero-based technology. Merkly allows you to make NFT breeches from the zkSync Era network to the Meter network, and this action will count as activity in LayerZero. However, the project is relatively new; this is something to keep in mind.

Expenses can be around ~ $2, depending on the network, so be careful. If you wish, you can use the “Turbobridge feature. With this feature, you can send NFTs from one network to several other networks at once in one transaction.

Also, the project has a Gas Refuel function. When using it, keep an eye on the commission.

LayerZero is a Layer 0 protocol, or, in other words, an omnichain that allows for easy linking of different blockchains and thus pooling of liquidity between them.

The project has raised $135M from funds such as Sequoia, a16z, FTX, Coinbase, and many others. The project gives bonuses to participants for their activities. But since it is not known exactly what actions to perform, the higher the activity, the better.

Step-by-step guide:

  • Go to the website and connect your wallet;
  • Select the zkSync Era network;
  • Mint NFT and bridge to the Meter network;
  • Optionally, move NFT to other networks.

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

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