Why Aethir is up 🤩 Ath Crypto Token Analysis

Summary

This 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

00:00

🚀 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.

05:00

📈 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.

Keywords

💡HTH Token

The HTH token is the focus of the video, representing the native token of the 'a year' project, which is a decentralized GPU computing platform. It is positioned as a competitor to other similar projects like Render and Akash. The video discusses its tokenomics and market potential, with the HTH token being central to the project's valuation and future growth.

💡Decentralized GPU Computing

Decentralized GPU Computing refers to the use of distributed computing resources, such as graphics processing units (GPUs), across a network without centralized control. In the context of the video, the 'a year' project leverages this technology to offer computing power, positioning itself as an alternative to centralized cloud computing services.

💡Tokenomics

Tokenomics is the study of a cryptocurrency's economic model, including its supply, distribution, and utility within its ecosystem. The video delves into the HTH token's tokenomics, examining factors like its total supply, circulating supply, and how these elements could influence the token's price stability and growth.

💡Market Cap

Market Cap, short for market capitalization, is the total value of a cryptocurrency or company's outstanding shares. The video compares the HTH token's market cap to its competitors, Render and Akash, to highlight its relative value and potential for growth.

💡Floating Supply

Floating supply refers to the number of tokens that are available for trading in the market at a given time. The video mentions that only 9% of the HTH tokens are floating, indicating a potentially limited supply that could impact the token's price dynamics.

💡Venture Capital

Venture Capital (VC) is a type of financing provided by firms or individuals to startups in exchange for equity or a stake in the company. The video notes that 'a year' has received support from venture capitalists, which could be beneficial for project development but also implies potential selling pressure on the HTH token.

💡Airdrop

An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses. The video discusses an upcoming airdrop of the HTH token, which will double the supply and is part of the project's token distribution strategy.

💡Pony Nomics

Pony nomics is a term derived from 'Ponzi scheme' and is used to describe economic models that rely on new investors to pay returns to earlier investors, often seen in cryptocurrency projects. The video suggests that the HTH token's model may have elements of pony nomics, indicating a need for careful consideration of when to exit the investment.

💡Onchain Metrics

Onchain metrics refer to data derived from the blockchain that can provide insights into the behavior of users and the health of a cryptocurrency project. The video uses onchain metrics to analyze the HTH token's holder distribution and the potential for dilution due to listings on centralized exchanges.

💡Helium

Helium is a decentralized wireless network that uses a cryptocurrency called HNT to incentivize users to set up and maintain network hotspots. The video draws a parallel between Helium and 'a year', discussing how initial demand for the network infrastructure can drive up token prices but may not be sustainable without continued usage and demand.

💡ATH (All-Time High)

All-Time High (ATH) refers to the highest price a security, cryptocurrency, or other asset has ever reached. The video mentions the ATH of a similar project to 'a year', suggesting that while significant gains are possible, investors should be aware of the risks and timing of their investments.

💡Community Growth

Community growth is the increase in the number of supporters, users, or participants in a project or ecosystem. The video emphasizes the importance of monitoring the growth of the 'a year' community as an indicator of potential demand for the HTH token and the project's overall health.

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