Daily crypto opportunities: Keep a close eye on Optimism and XRP, and check out RabbitHole

Hello, crypto family. These are challenging times for all of us. However, we hope that you are doing well (as well as possible) and remind you that there are always opportunities. Here are some ideas 👇

Opportunity #1: Keeping an eye on SmartMoney again

SmartMoney very successfully sold his Bitcoins before the SEC attack (we had his market dump prep signal yesterday).

Today, this trader insider bought an altcoin with the talking name $OP (Optimism). While the asset is up 2% in 24 hours, it looks really interesting compared to other falling assets.

Opportunity #2: What are the next possible XRP moves?

The XRP network has seen a surge in wallet address activity, indicating a positive trend for the XRP/USD pair. This is according to data from the blockchain analytics platform Santiment. This phenomenon indicates an increase in demand for XRP, similar to the growth of the token. These bursts of targeted activity coincide with increased attention on Ripple due to the 2020 SEC litigation over the classification of XRP as a security.

Ripple CEO Brad Garlinghouse recently hinted at a possible resolution of the case in the next few weeks.

If the SEC lawsuit is successfully resolved, it could give XRP a significant boost upward. CryptoCheck’s technical analysis suggests further upside in this outcome.

Opportunity #3: RabbitHole treasures

RabbitHole is an educational Web3 platform featuring various quests with NFT and other rewards. It has raised $21.6M in two rounds of investment from Electric Capital, Framework Ventures, ParaFi Capital, OpenSea, and TCG Crypto.

Rabbithole launched a 14-week campaign with quests. There are 248,000 OP (Optimism) tokens allocated for this activity, which will be divided among all participants after the activity is completed (more quests completed, higher reward). For each quest, there will be compensation of gas in ETH per NFT min and 0.5 OP tokens.

How to participate?

• Go to RabbitHole and connect your wallet;
• Let’s start withLayerZero, because of all the major Layer 1 projects, it is the closest to its release;
• At the top of the task itself is shown: “Bridge USDC from Polygon to Optimism”. Just below, click on “Start the quest”, click on “Transfer” and confirm the transaction;
• The bridge will take about 20 minutes, but since the transaction has already passed, we can take the NFT for the quest: return to the main menu and click on “Complete quest”;
• Take 0.5 OP;
• Go to the tab “Mint a RabbitHole Mirror Post”. Here we are already active on the Mirror, which does not have its own token;
• Sign up for RabbitHole;
• Mint NFT;
• Return to the site and, just like with Stargate, click on “Complete Quest” and then take 0.5 OP;
• Complete other important quests, which are related to DAO Optimism (head to the Delegate OP section);
• Delegate your OP to the RabbitHole wallet.;
• Go back to the platform and pick up NFT and 0.5 OP;
• Every week, the quests will change (stay tuned for project updates).