Why Aethir is up 🤩 Ath Crypto Token Analysis
Summary
TLDRThis video script offers an objective analysis of the ATH token, a competitor to Render and Akash in the decentralized GPU computing space. It discusses ATH's tokenomics, market cap, and potential price trajectory, highlighting the importance of demand growth to balance an expanding token supply. The script also draws parallels with the Helium project and emphasizes the need for informed decision-making in crypto investments, suggesting a cautious approach to ATH's long-term potential.
Takeaways
- 🚀 The HTH token is a new entrant in the decentralized GPU computing space, competing directly with Render and Akash.
- 📈 HTH token's price surged almost 40% shortly after launch, reaching nearly 9 cents, indicating strong initial market interest.
- 💡 The speaker emphasizes an objective analysis, not promoting a 'buy and dump' scheme, aiming to provide balanced information.
- 🔢 Yearn.finance (Aier) is said to have 20 times the GPU power and 45 times the computing power of Render, with a market cap of 3.7 billion compared to Render's 5 billion and Akash's 1.3 billion.
- 📊 Only 9% of the HTH tokens are currently floating in the market, hinting at potential tokenomics implications for the price stability.
- 🌐 HTH's Twitter account has a significant following, nearly a million, reflecting the high level of community interest and potential demand for GPU power.
- 💰 HTH raised 32 million in funds prior to the sale of the notes, indicating strong venture capital support but also potential future selling pressure.
- 🔄 The token distribution includes various allocations like airdrops, investor shares, and ecosystem funding, with significant vesting periods that could impact supply dynamics.
- 📉 The potential for price depression is tied to increasing token supply, which must be balanced by growing demand, possibly driven by the utility of the computing power or the notes.
- 🔄 The comparison to Helium's decentralized Wi-Fi infrastructure suggests a possible similar trajectory for HTH, where initial hype may not be sustainable without ongoing demand.
- 🔑 The speaker advises caution, suggesting that while there may be short to medium-term potential for HTH, long-term holding could be risky due to tokenomics and market dynamics.
Q & A
What is the HTH token and its relation to Render and Akash?
-The HTH token is a part of the Render Network, which is a decentralized GPU computing platform. It is a direct competitor to Akash, another decentralized cloud computing project. The HTH token is used within the Render ecosystem.
What is the current valuation of Render and Akash in comparison to HTH?
-Render is currently valued at roughly 5 billion, Akash at 1.3 billion, and HTH has a fully diluted market cap of 3.7 billion.
What is the significance of the 9% floating supply in HTH tokenomics?
-The 9% floating supply indicates that a small portion of the total HTH tokens are currently available for trading, which can impact the token's liquidity and price stability.
How does the supply of HTH tokens compare to its demand?
-The supply of HTH tokens is expected to increase significantly over time, and for the price to remain stable, demand must grow at least at the same pace.
What is the role of the Twitter account with 875,000 followers in the HTH ecosystem?
-The Twitter account with 875,000 followers is a significant source of community engagement and marketing for the HTH project, contributing to the overall excitement and demand for the token.
What is the significance of the GPU demand in the context of HTH?
-The demand for GPU power is high, as evidenced by the success of Nvidia. HTH aims to tap into this demand by providing decentralized GPU computing, potentially benefiting from the increased interest in GPU technology.
How did the early adopters of HTH contribute to the project's funding?
-Early adopters were able to buy notes during the sale, which helped HTH raise 32 million in funds, supporting the development of the project.
What are the token distribution percentages for HTH, and what does this imply for the market?
-HTH's token distribution includes allocations for airdrops, investors, checker nodes, compute providers, ecosystem, advisers, and the team. This distribution implies an expanding supply that could impact the market if not balanced by growing demand.
What is the potential impact of venture capitalists on HTH's token price?
-Venture capitalists' support can be beneficial for project development, but it also means they might sell their tokens at some point, potentially depressing the price if demand does not keep up with the increasing supply.
How does the comparison with the Helium project provide insights into HTH's potential future?
-The Helium project, which built a decentralized Wi-Fi infrastructure, experienced a price increase followed by a decrease due to insufficient demand for the infrastructure. This comparison suggests that HTH must ensure demand for its computing power to maintain price stability as supply increases.
What is the significance of the ATH token's onchain metrics and holder distribution?
-The onchain metrics and holder distribution of the ATH token provide insights into the token's market presence and potential for dilution. With a relatively small number of significant holders, the market could be influenced by large transactions or listings on major exchanges.
What is the ATH token's potential demand driver in the future?
-One potential demand driver for the ATH token could be the introduction of new notes, such as the ATH Year Edge, which has already garnered significant interest with nearly 150,000 people signed up.
What is the recommended approach for investors considering the ATH token?
-Investors should not buy solely based on hype. They should monitor community growth, new token entries, and make informed decisions about potential supply-demand imbalances. It is also advised to have a clear exit strategy due to the project's speculative nature.
Outlines
🚀 ATH Year's Decentralized GPU Computing and Market Potential
The script discusses ATH Year, a decentralized GPU computing platform that rivals Render and Akash. It highlights ATH Year's significant GPU power and computing capabilities, comparing it to its competitors in terms of valuation and market cap. The video aims to provide an objective analysis rather than marketing hype, emphasizing the importance of tokenomics and the potential for price stability or growth. It also touches on the project's social media presence, the demand for GPU power due to Nvidia's success, and the dynamics of supply and demand that will ultimately determine ATH Year's success. The script also delves into the token distribution, investor returns, and the potential impact of venture capital support on the project's future.
📈 ATH Year's Tokenomics and Comparison with Helium
This paragraph explores the tokenomics of ATH Year, including the token distribution, vesting schedules, and potential market impacts. It compares ATH Year's situation with that of Helium, a decentralized Wi-Fi infrastructure project, which initially saw a price increase due to node purchases but later experienced a price depression due to insufficient demand for the infrastructure. The script warns of the potential risks associated with ATH Year's expanding token supply and the importance of growing demand to maintain price stability. It also discusses the importance of being informed and skilled in blockchain analytics to identify smart money movements and potential exit points for investment. The paragraph concludes with a call to action for viewers to subscribe for updates and join the community on Telegram for further insights.
Mindmap
Keywords
💡HTH Token
💡Decentralized GPU Computing
💡Tokenomics
💡Market Cap
💡Floating Supply
💡Venture Capital
💡Airdrop
💡Pony Nomics
💡Onchain Metrics
💡Helium
💡ATH (All-Time High)
💡Community Growth
Highlights
The HTH token is a direct competitor to Render and Akash in the decentralized GPU computing space.
HTH has 20 times the GPU power and 45 times the computing power of the Render Network.
Render is valued at roughly $5 billion, Akash at $1.3 billion, and HTH at a fully diluted market cap of $3.7 billion.
Only 9% of HTH tokens are floating, indicating a potential tokenomics strategy.
The supply of HTH tokens is expected to increase more than 10x, implying the need for demand to grow at the same pace to maintain price stability.
The HTH Twitter account has almost a million followers, indicating significant community interest.
Nvidia's success has led to increased interest in GPU-related projects like HTH.
HTH raised $32 million in funds, indicating strong investor support.
Venture capitalist involvement suggests potential for project growth but also the possibility of token selling.
Token distribution includes airdrop, investor allocation, and provisions for checker nodes, compute providers, ecosystem, advisers, and the team.
Token supply is set to double and triple in the coming months due to vesting schedules.
The potential for 'Pony nomics' is discussed, suggesting the need for an exit strategy for investors.
Comparison to the crypto project Helium, which faced a similar challenge with demand and supply dynamics.
HTH has a total of 35,000 holders, with varying amounts of token holdings, indicating a broad but shallow distribution.
Listing on centralized exchanges like Binance or Coinbase could lead to short-term price hikes.
The potential for new demand drivers, such as the introduction of the HTH Edge, is highlighted.
The HTH project is likened to playing with fire, suggesting caution and the need for a clear exit strategy.
The importance of community growth and token supply dynamics for making informed investment decisions is emphasized.
Transcripts
eth year is worth looking at the HTH
token is a direct competitor to render
and to aash so we're looking at
decentralized GPU Computing let's have a
look at tokenomics let's have a look at
the beers let's have a look at how much
longer this price could potentially R so
here we are we are at almost 9 cents up
almost 40% today very shortly after
launch and I'm not going to run you just
through the website and sell you the
marketing Jazz this is an objective
Channel I'm not just going to shill you
hoping to buy the coin and dump on you
because here are the reasons why most
people argue that you should be buying
aier a year has 20 times the GPU power
of the render Network and 45 times the
computing power of Akash render is
currently valued at roughly 5 billion
Akash at 1.3 billion and AIA has
currently a fully diluted market cap of
3.7 billion note there's only 9%
floating here this is a first hint
towards toomics the supply of the 8 each
token will more than 10x at some point
so demand has to grow at least at the
same pace for the price just to stay
stable that does not mean that the price
has to crash now though because we have
seen very similar projects in the past
and they initially ried quite a bit but
more on this later so things in general
look very healthy the Twitter account
has almost a million followers so
875,000 followers on Twitter and of
course a lot of that excitement comes
from the GPU Demand right Nvidia is
currently doing very very well and so
people are looking for the next best
thing that might potentially have a
levered effect on GPU demand so if the
gains of Nvidia stock isn't enough for
you then maybe a year is an option but
let's have a look at the demand and
Supply Dynamics because that's in the
end what determines supplies right it's
the intersection between supply and
demand so eighth year is decentralized
GPU power and the early adopters were
able to buy a note a checker note that
sale has ended though prior to selling
those notes a year raised 32 million in
funds there's more information on Ico
drops who those investors are and most
of those investors already made a pretty
nice return here's the average Roi and
so here's the thing right when there is
support by Venture Capital that's
potentially good to build out the
project but it also means that those
vure capitalists might be selling their
tokens at some point depressing the
price so again demand has to grow as
quickly as tokens unlock let's have a
look at tokenomics let's have a look at
the unlocks so here we've got the token
distribution of a year we've got our
airdrop we've got the investor
allocation we've got half of the tokens
going to Checker nodes and compute
providers more on this later 15% to
ecosystem 5% to advisers 12.5% to the
team how will this hit the market the
team has to wait 18 months there's
another airdrop 8 months from now where
the supply will double another 8 months
from now where the supply compared to
today will triple the Development Fund
is already very vesting linearly over 24
months the treasury is vesting as well
the investors are going to dump in 12
months and the Checker notes and Edge
notes are also contributing in the next
four years so what does this mean this
means of course an expanding Supply and
what can potentially stop the depression
of the price when the supply increases
its demand may be for the computing
power its demand maybe for the notes
that have to potentially be bought with
the token and what happens when you have
to buy a note with a token that in the
end paids out the rewards in the same
token we've got something that resembles
Pony nomics right I'm not saying this in
a judgmental way there is ways to make
money with Ponzi schemes but in case
we've got these kind of pony nomics
going on here you need to find an exit
point at some point so don't hold this
forever more on this later when we
compare this to another very similar
crypto project so let's have a look at
the onchain metrix let's have a look at
how many people are currently holding
the at H token there's two versions of
the token one on ethereum one on
arbitrum the ethereum token is still the
main version at the moment there's
35,000 holders but only 1,600 holders
have more than $1,000 worth of the coin
200 wallets have more than $10,000 worth
of the coin and 47 holders have more
than $100,000 worth of the coin we are
still very early this is not a lot of
holders yet will there be any dilution
because of listings on other centralized
exchanges maybe there is no listing yet
on binance on on coinbase and when the
listing gets announced of course we will
see a short-term price hike so far the
main centralized exchanges are okx
gate.io bybit and htx now here's a
parallel I'd like to draw and that
parallel is to a crypto project called
helium helium built a decentralized
Wi-Fi infrastructure so you bought a
helium Noe you had to buy this with real
cash and then that note paid out h&t
tokens over time the initial purchases
of the note pushed up the h&t price
but then when the rewards were paid out
and not a lot of people used the
infrastructure then the h&t price
gradually went down so there was not
enough demand for usage of this wi-fi
infrastructure and with a lack of demand
for the infrastructure there wasn't
enough demand for h&t thus the price
depressed when Supply increased now
let's have a look at how long the party
lasted so again let's check out this
chart this was a pretty long ride for
almost one year and you could make
massive money with the this at the top
though the market cap was at 5 billion
the situation with ath year is slightly
different we are already at 3.5 billion
this needs to go to 1 million or March
buyers now will make millions this is
how you get the clicks on YouTube but
this is not how you beat the market to
beat the market in crypto you need to be
better informed than the rest you need
to be better skilled than the rest you
need to do better blockchain analytics
you need to track other people's wallets
and know what is the Smart money doing
it's the the boring educational content
that forms skill that doesn't perform so
well on YouTube though that's why I
created the premium membership feel free
to check it out we are tracking
influencer wallets to find out what they
are buying before promoting this on
YouTube we've got a lot of tutorials to
help with onchain analytics to help with
wallet Discovery and of course there are
also plenty of chats where we help each
other and also one-on-one conversations
with me so I'm messaging every premium
member oneon-one directly once you're
joining you will get a message message
from me and you have the opportunity to
directly pick my brain feel free to
check it out the Bitcoin trade.com link
is down below and the big question is
what could be the next demand driver for
the atth token and maybe that's the new
note let's have a look there's not just
the E year Checker there's now the eigh
year Edge as well and there's almost
150,000 people that have already signed
up to get that aier edge and it might
make sense to have a look at how quickly
this number is growing but the fact that
this number is even shown here that
should indicate that the team is pretty
much aware that a lot of people that buy
in know that this is to a degree a
player versus player game right this is
to a degree a redistribution game I'm
not going to say the p word again but
you know exactly what I mean I do
believe that this project has some
potential to go further up at least
medium-term there's simply so much money
behind this right there can be a lot of
promotion that could be done but I
wouldn't buy the atth token to hold it
over the next four or five years I do
believe that at some point it's likely
that the toomics will catch up so this
is to a degree in my opinion like
playing with fire make sure that you
have your eyes on a potential exit point
at some point if you get in don't just
buy the hype have a very clear look at
how quickly is the community growing how
many new tokens enter the market and
then make a judgment call at what point
in time the supply will grow faster than
the demand if this is your first time
feel free to subscribe I will continue
to make updates on a year on the Channel
as well feel free to also give this a
like it will help the channel grow if
you've got telegram then you are more
than welcome to join us the link is down
below looking very much forward to
seeing you in telegram cheers
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