You MUST Realize That This Is The Biggest Lie In Crypto - Layer 0, Aethir

The House Of Crypto
23 Jun 202416:42

Summary

TLDRThe video script challenges the prevailing opinion that the crypto bull market is over, arguing instead that it will be unprecedented in size. It addresses concerns about high valuations and token unlocks, using examples like Solana and Gala Games to illustrate how demand can outpace supply, leading to significant price increases. The speaker emphasizes the importance of Metcalfe's Law, which predicts growing network value, and suggests that retail and VC investments will drive the next bull market, potentially reaching $7 to $9 trillion in market cap.

Takeaways

  • πŸ“ˆ The speaker disagrees with the popular opinion that the crypto bull market is over and believes it will be the biggest ever, with a significant increase in total market cap.
  • πŸ’‘ The video aims to dispel the fear, uncertainty, and doubt (FUD) circulating about the cancellation of the altcoin season and the state of crypto.
  • πŸš€ Examples like Solana and Gala from the last bull market are cited to illustrate the potential for massive gains despite large market capitalizations and token unlocks.
  • πŸ’Ž The importance of understanding the supply and demand model in crypto is emphasized, with the speaker arguing that increasing supply does not necessarily lead to decreasing prices if demand grows.
  • πŸ’Ό The role of venture capital (VC) funds in setting high valuations for new crypto projects at launch is discussed, and their potential impact on market dynamics is considered.
  • πŸ”’ The speaker suggests that value creation in crypto projects often involves locked tokens, which can lead to rapid price increases as the market realizes the project's potential.
  • πŸ“Š Data from defil llama.com is recommended for tracking recent fundraising activities in the crypto space, indicating the amount of capital flowing into new projects.
  • πŸ“ˆ Metcalfe's law is highlighted as a principle that suggests each bull market will be larger than the previous one, driven by the growth of the crypto community and network effects.
  • 🎲 The video encourages viewers to look beyond current circulating supply and valuations, focusing instead on the potential for increased demand and the long-term prospects of projects.
  • πŸ† The potential for gaming and AI projects to deliver real-world services and value post-bull market is suggested, indicating a shift from hype to utility in crypto projects.
  • πŸ”— The speaker promotes their other channel, the School of Crypto, which will offer live trading updates and educational content for those interested in trading and understanding the crypto market.

Q & A

  • What is the main argument the speaker is making about the current state of the crypto bull market?

    -The speaker argues against the popular opinion that the crypto bull market is over, stating that it will be bigger than any seen before, with the total market cap of crypto potentially increasing six or seven times from its current state.

  • What is the 'elephant in the room' the speaker refers to, and what is their stance on it?

    -The 'elephant in the room' is the concern that the crypto market is broken due to high valuations and token unlocks, leading to a decrease in price. The speaker disagrees, believing that the market is not broken and that these concerns are overblown.

  • What is the role of Venture Capital (VC) funds in the valuation and launch of new crypto projects?

    -VC funds invest in new crypto projects, often dictating the valuation at which the project launches. They aim for a high return on investment, which can lead to inflated valuations on launch day due to locked-up value and a small percentage of tokens in circulation.

  • Why does the speaker believe that the concerns about token unlocks and increased supply are not as significant as some suggest?

    -The speaker believes that the rapid increase in demand, as explained by Metcalfe's law, will outpace the increase in supply. This means that even with more tokens being unlocked, the market can still support higher prices due to growing interest and participation.

  • What is Metcalfe's law and how does the speaker apply it to the growth of the crypto market?

    -Metcalfe's law states that the value of a network is proportional to the square of the number of its users. The speaker applies this by suggesting that as the crypto community grows exponentially, the market value of cryptocurrencies will also increase significantly, supporting higher valuations despite token unlocks.

  • Can you provide an example of a crypto project that performed exceptionally well in the previous bull market according to the speaker?

    -The speaker cites Solana (SOL) as an example of a project that performed exceptionally well, with returns of thousands of percent and a 20,000% move within a short period.

  • What is your view on the future potential of the crypto market?

    -The speaker is optimistic about the future of the crypto market, believing that the current developments and increasing adoption will lead to unprecedented growth and opportunities in the industry.

Outlines

00:00

πŸ“‰ Contrary Opinion on Crypto Market Cap Growth

The speaker challenges the prevailing belief that the crypto bull market is over, arguing that it will actually be much larger than any previous one. They predict a significant increase in the total market cap of crypto, possibly 6 to 7 times its current size. The speaker plans to debunk common fears, using examples like Solana and Gala from the last bear market to illustrate why this will be the biggest opportunity in a lifetime. They address the concerns about high market cap valuations at launch, like Layer Zero's $757 million versus its $3 billion fully diluted valuation, explaining that the supply and demand model is often misunderstood in this context.

05:01

πŸ’‘ Understanding Token Supply and Demand Dynamics

This paragraph delves into the supply and demand model, explaining how an increase in supply can lead to a decrease in price if demand remains constant. The speaker uses the analogy of diamonds and apples to illustrate the point. They then discuss how crypto projects raise money from venture capital funds and how these funds influence the valuation at launch, often leading to significant profits for the investors. The speaker argues against the notion that increased token supply due to unlocking will necessarily lead to a decrease in price, citing examples of successful projects like Solana, which saw substantial growth despite increasing supply.

10:04

πŸš€ The Impact of Retail and VC Investment on Crypto Growth

The speaker discusses the role of retail and venture capital (VC) investments in driving the growth of crypto projects. They reference 'Mets Law' to explain how each bull market gets progressively larger as the community and network grow exponentially. The speaker uses the example of Gala Games, which saw a 370x return during the last bull market, to demonstrate that despite significant token unlocks, the demand can still outpace supply, leading to price increases. They suggest that VCs may take profits initially but later reinvest to trigger market movements, indicating that the final market push comes from retail investors.

15:05

πŸ’Ό The Role of Fundamentals and Future Potential in Crypto Projects

The speaker emphasizes the importance of backing fundamentally strong crypto projects that deliver a service, rather than those propped up by hype alone. They highlight Aether, a project with exposure to Nvidia h100 chips, as an example of a promising investment. The speaker argues that despite a low current circulating supply, the project's potential and the gradual unlocking of tokens over time make it a good investment. They advise focusing on the circulating supply rather than the fully diluted valuation and to look for projects that have the potential to become mainstream, suggesting that the next bull market could see projects delivering real services.

πŸ”— Crypto Trading Platforms and Educational Resources

The speaker promotes Bitchx, a crypto trading platform that does not require KYC or a VPN, and encourages viewers to suggest coins for listing. They also mention the School of Crypto, another channel where they will be providing live trading updates and educational content on various aspects of trading. The speaker invites viewers to subscribe to stay updated on the content and to take advantage of the educational opportunities provided.

Mindmap

Keywords

πŸ’‘Crypto Bull Market

A 'Crypto Bull Market' refers to a period in the cryptocurrency space where prices are rising or are expected to rise, driven by positive sentiment and increased buying activity. In the video, the speaker argues against the popular opinion that the bull market is over, predicting a much larger bull market than ever seen before, with a total market cap increase of 6 to 7 times from the current level.

πŸ’‘Altcoin Season

Altcoin Season typically denotes a time when alternative cryptocurrencies, or 'altcoins', outperform Bitcoin in terms of price growth and market attention. The script mentions a belief that the 'altcoin season is cancelled', which the speaker disputes, suggesting that the upcoming opportunities in the crypto market will be significant for altcoins as well.

πŸ’‘Venture Capital (VCs)

Venture Capital, or VCs, refers to investment funds that finance early-stage startups with high growth potential in exchange for equity. In the context of the video, VCs are mentioned as having a significant role in the valuation and launch of new crypto projects, which some believe have inflated the market with high valuations at launch.

πŸ’‘Market Cap

Market Cap, short for market capitalization, is the total value of a company or, in the context of the video, a cryptocurrency. It is calculated by multiplying the current market price of a cryptocurrency by the total number of coins in circulation. The script discusses the market cap of various crypto projects, emphasizing the difference between current market cap and fully diluted valuation.

πŸ’‘Supply and Demand Model

The Supply and Demand Model is an economic principle that explains the relationship between the supply of a product and the demand for it. In the video, the speaker uses this model to discuss how an increase in token supply can affect the price of cryptocurrencies, but argues that in a growing market with increasing demand, the impact may be less significant.

πŸ’‘Token Unlocks

Token Unlocks refer to the release of tokens that were previously locked or held in reserve, becoming available for trading or use. The script discusses how significant token unlocks for projects like Solana and Gala Games occurred during their price increases, suggesting that the unlocks did not hinder the growth despite the increased supply.

πŸ’‘Circulating Supply

Circulating Supply is the number of coins or tokens that are available to the public for trading and investment. The video emphasizes the importance of focusing on the circulating supply rather than the fully diluted valuation, as it is the supply that is actively participating in the market dynamics.

πŸ’‘Metcalfe's Law

Metcalfe's Law states that the value of a network is proportional to the square of the number of its users. In the video, the speaker references this law to argue that each bull market will be bigger than the last, as the crypto community and network grow exponentially, increasing demand and potentially supporting higher valuations for cryptocurrencies.

πŸ’‘Retail Investors

Retail Investors are individual investors who buy and sell securities for their personal accounts, as opposed to institutional investors. The script suggests that the final flood of investment into the crypto market comes from retail investors, whose collective buying power can significantly impact the price of cryptocurrencies.

πŸ’‘Bitx

Bitx is mentioned in the video as a platform where the discussed cryptocurrencies are available for trading. It is highlighted for its user-friendly features such as not requiring KYC (Know Your Customer) verification and being accessible globally without a VPN.

πŸ’‘AI and Crypto

The integration of Artificial Intelligence (AI) and cryptocurrency is a theme in the video, particularly with the mention of Aether, a project that aims to use crypto to manage AI processing power. The speaker suggests that this intersection will be a significant trend in the upcoming bull market, as AI startups start using crypto for distributed processing power.

Highlights

Contrary to popular opinion, the presenter believes the crypto bull market will be larger than ever before, with a significant increase in total market cap.

Disputing the notion that altcoin season is cancelled, the video argues that the crypto market will experience unprecedented growth.

The presenter addresses the common fear, uncertainty, and doubt (FUD) circulating in the crypto community regarding the impact of venture capital (VC) on the market.

An analysis of Layer Zero's market cap and valuation is used to illustrate the supply and demand model in the context of crypto valuations.

The importance of understanding the supply and demand dynamics in crypto markets is emphasized, with examples of how it affects pricing.

A counterargument is presented against the belief that increased token supply will inevitably lead to lower prices, using the example of Salana's growth despite token unlocks.

The role of venture capital in setting valuations for new crypto projects and the potential impact on market dynamics is discussed.

The presenter uses historical data to show that Salana's price increased significantly even with large token unlocks, indicating demand can overcome supply increases.

The concept of Metcalfe's Law is introduced to explain how network growth can lead to increased value in crypto projects, even with increased supply.

Gala Games' performance in the last bull market is highlighted as an example of how demand can drive prices up despite supply increases.

The potential for AI and compute projects like Aether to benefit from the growing demand for processing power in the crypto space is discussed.

Aether's market cap and token unlock schedule are analyzed to show that despite a large fully diluted valuation, the project has potential for growth.

The presenter argues that the circulating supply is more important than the fully diluted valuation when assessing a crypto project's potential.

The potential for gaming and AI projects to deliver real-world services and value beyond the current market hype is highlighted.

The presenter encourages viewers to look for projects with strong fundamentals and real-world applications for long-term investment potential.

A call to action for viewers to participate in a giveaway and follow the presenter on Twitter for updates and insights.

An invitation to join the School of Crypto for live trading updates and educational content on various aspects of trading and crypto.

Transcripts

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crypto bull market is over altcoin

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season is cancelled because the VCS

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wrecked crypto this is a popular opinion

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being shared across crypto right now

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that I fundamentally disagree with this

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crypto bull market will be bigger than

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any crypto bull market you have ever

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seen before the total market cap of

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crypto will be doing a six or 7 x from

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here and it couldn't be more exciting in

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this video I'm going to address this

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common fud that's going around right now

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and tell you with examples like salana

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and Gala from the last B Market that

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absolutely mooned why this is going to

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be the biggest opportunity that you have

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in your lifetime so hit that like button

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and let's get on with today's video now

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guys if you turn on crypto YouTube today

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or Twitter you're probably seeing posts

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like this altcoin season cancelled

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crypto is broken coming from some really

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highly reputable channels like crypto

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banter miles deutcher and others who do

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have some of the best content going and

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their channels that I often refer to for

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a lot of my content but they've been

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addressing one really big elephant in

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the room but I'm not really sure I agree

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with this and what is this elephant in

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the room well it's this as we look at an

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example and there are hundreds of

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examples right now we're going to look

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at layer zero okay layer zero you can

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see has a market cap of $757 million and

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was launched like a week ago at $757

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million you can see that's a

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significantly smaller market cap than

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the fully diluted valuation of $3

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billion now I see a lot of people being

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like I can't buy by that because the

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diluted valuation is enormous I will

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never see a return because of this one

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thing and it's this the supply and

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demand model supply and demand dictates

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that if there is more supply all the

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time entering the market then the price

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of crypto or whatever it might be will

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start to decrease that's why diamonds

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are expensive because they're rare and

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in high demand and apples are cheap

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because while the demand is high there

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are lots of them and yes I probably

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could have come up with a better example

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than using apples and comparing them to

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Diamonds but you get the picture now

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what everyone's basically talking about

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is over time crypto projects are

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unlocking and pumping more tokens into

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the supply while the demand

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theoretically Remains the Same and if

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the demand theoretically Remains the

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Same while the supply increases they are

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fully right the price will start to drip

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towards the downside and considering

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many of these projects have been

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launched up massive valuations if demand

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Remains the Same price will technically

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decrease over a period of time but for

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most of these monster tokens that have

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been releasing right now you don't need

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to give a you don't need to give a

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about that and before I show you

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exactly why this is with Garla gaming

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and salana let's just consider what's

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going on for those of you who are new to

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crypto and maybe don't know what's going

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on before crypto projects are available

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for you to go and buy as tokens they're

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obviously doing something they have

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teams they're building games they're

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building blockchains they're doing all

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sorts of different things that require a

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lot of money or quite expensive so what

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they do is they go and raise money from

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Venture Capital funds and if you want to

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go and see what's been raised recently

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go to defil llama.com go down to where

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it says raises and overview and you can

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see the the amount of money being raised

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and if you look at the top of the last

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bull market you will see $7 billion in

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one single month was raised for new

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crypto projects you can come to here and

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see that only around $1 billion is being

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launched per month at the moment which

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is my first reason that we don't need to

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be too stressed about this so these big

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Venture Capital funds of which you can

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come to crypto fundraising. info and

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find a few of these big names coinbase

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Ventures Anoka Brands a16 Z so what is

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going on well these companies will buy

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into new crypto prodject and they will

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dictate this new crypto project that's

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probably set up in a garage somewhere

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that I want you to launch at a billion

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dollar valuation so Anoka Brands will

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give you let's say $5 million in return

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for like 5 or 10% of the company they

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will then dictate the valuation at which

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the price launches at which means that

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on launch day their investment does like

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a 20x maybe even more so how do they

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suddenly just create this value from

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thin air well a lot of the value is in

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lockups it can't be released onto the

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market which means you have like 10%

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circulating Supply moving around

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hopefully you're following so far

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effectively what the problem is that

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everyone out there is talking about is

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that these guys have been greedy and

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they've ruined crypto while I don't

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disagree they have been effing greedy I

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don't think crypto is broken and

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hopefully this is the first major reason

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that's going to open your eyes there was

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moreable top performing coins in the

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last bull market but few performed more

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strongly than salana and for lots of

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people salana did thousands of x's

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returns because if you look at salana

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all the way back when uh you know July

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2020 it was around 90 and within a short

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space of time it did a

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20,000% move okay which is like a

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280X plus now if you got in earlier than

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that which the VCS did they probably

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made even more money so looking at this

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chart you would have to agree with me

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that salana was pretty successful but

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lots of people are like well you can't

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buy into a coin well this coin's only

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got 10% circulating Supply there's no

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way it can go up I disagree if you come

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to token. unlocks

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doapp salana which is a mouthful you can

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see the unlocks that are happening on

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lots of different cryptos but in this

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case salana now if you come down here

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what we want to do is find the top of

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salana which was the 7th of November

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2021 now on the 7th of November 2021 we

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can see down here there was around this

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many tokens in circulating supply for

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salana okay so this many tokens is just

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about 510 million okay 510 million just

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as an example okay and then you can see

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that today the number of tokens is

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significantly increased over 600 million

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tokens but what I want to point out is

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that was the high and look at this

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unlock that happened before salana got

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there that unlock happened around

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January the 4th 2021 so there's

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significant unlocks and significant

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unlocks have continued to happen while

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the price of salana actually continued

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to go up so yes if you look at this

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model it wasn't necessarily aiding the

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price of salana that the supply was

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going up but because the demand

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increased so rapidly it didn't really

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matter and you might be like but yeah

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but now there's loads of projects that

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are doing the same there's loads of new

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projects that are coming in with these

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massive valuations it can't possibly go

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from here well I'll bring you across to

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this post from Ral poell on March the

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12th 2022 Ral po has been talking about

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Met's law saying that each bull market

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is going to get bigger and bigger and

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this is a very decent post to pay

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attention to which if you want to go and

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read it I'll repost on my Twitter page

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down here so if you want to go and find

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out more go and check out this from Ral

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power cuz it is absolutely essential in

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understanding the future of crypto also

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while you're at it you can join in our

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hot summer giveaway where we're giving

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away $5,000 worth of different prizes

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ranging from tangent wallets to cash

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prizes to one-onone ask me anything

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cools with myself let's just keep it to

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ask me anything in crypto calls just

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that you're not disappointed and so many

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other things simply just have to come

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across follow me on Twitter and you can

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go and join this hot summer giveaway

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retweet it while you're at it and let's

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grow this thing now I'm not going to

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bore you with what R pal says about me

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C's law but he basically says that as a

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community grows over a period of time

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then we go from this size of network to

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this size of network and exponentially

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bigger and bigger effectively at the

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start you don't know anyone really who

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trades crypto as well and then after a

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period of time you start to identify

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other people who trade crypto and then

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suddenly you know your Barber is talking

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about crypto and and then you go to

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school to drop off your kid and you're

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talking to other parents in the

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playground and they're talking about

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crypto and and you know exponentially

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it's getting bigger and bigger which

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means that during the last ball Market

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while the total market cap of crypto was

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around $2 trillion it's very likely that

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we will reach seven to maybe in a bull

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case8 or 9 trillion in this bull market

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which is an insanely large amount of

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money and more than enough to prop up a

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lot of these crypto coins despite that

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supply and demand model and if you come

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back to Ral po you'll see that he

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basically links all of these Network

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value models to the Chart so as the

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network gets bigger ultimately the price

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of something will increase this is

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Bitcoin he then goes on to do it with

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ethereum and he says even works for xrp

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which means considering the xrp price is

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just continuing to sort of go down that

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the xrp Army seems to be shrinking

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another small victory for crypto but if

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you weren't convinced by salana this one

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will surely convince you and this is

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Gala games in the last ball Market from

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the 13th of September all the way to the

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26th of November which was a little over

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a couple of months Gara games did more

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than a

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370x remember those dates 13th of

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September till the 26th of November come

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back to Tok unlocks search for gara

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games come down below 13th of September

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2021 Gara games was all the way down

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here in terms of unlocks you can see

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that's around 1 billion okay today we

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can see it all the way up around 10

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billion by the time the 26th of November

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rolls around we've already 2x in token

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unlock from that previous date the token

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Supply had done a 2X in just that couple

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of months for gara games and no one

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investing gave two shits about it so why

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did it in blow up so much it blew up so

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much because suddenly everyone flooded

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into the market no one gave a crap about

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the fact that it was unlocking the

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supply and demand model didn't really

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count because the demand went up so

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bloody aggressively that the supply

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couldn't keep up and ultimately the

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price increased so hopefully you're

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starting to understand that I don't

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think that these unlocks mean actually

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that much during the point of time where

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we could see multiple multiple trillions

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of dollars flooding into a market the

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most hyped and excited projects are

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backed by the biggest VCS those VCS will

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do something very significant as well

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the VCS will take their initial profits

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out when a coin launches onto the market

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eventually we have a bit of cool down

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and eventually when the time is right

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those VCS will inject a bunch of that

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Capital back into those coins why

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because they can trigger a move like

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this and the move carries on everyone

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out there suddenly stops talking about

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turbo coin and Brett and whatever else

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and goes oh my God gala's up like 120%

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today I'm going to put my money in Gala

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they all start to Pile in like this they

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keep piling keep piling in the VCS

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eventually take their money out and rug

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pulled a lot of them so we simply

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understand that despite a massive unlock

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that was still to come for gara games it

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still managed to Rally significantly

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into its first full-blown bull market

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because ultimately this move isn't

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caused by the smart money which most of

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us are because we're sat in the markets

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right now is caused by the final flood

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in of retail and a bit of VC money as

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well so if the VCS are still in there

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and the retail is yet to flood into the

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market then still many of these coins

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will see aggressive moves higher and if

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you're still being really kind of I

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don't know about this it doesn't seem

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right to me then fine simply do this

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okay let's go to coin market cap let's

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look at another project Aether one of my

play10:41

absolute favorite projects of this bull

play10:43

market why well for the reasons I've

play10:45

been telling you about for months on

play10:46

recent ather videos I've made but also

play10:49

Alex Becker sums it up pretty clearly

play10:50

here I've started to venture into a few

play10:52

AI Ventures over the last two years

play10:55

almost every single time there's a

play10:56

bottleneck around the processing power

play10:58

and costs it's literally a matter of

play11:00

months before big AI startups start

play11:02

using crypto to manage Ai and it will

play11:04

shift the entire software industry to

play11:05

using crypto to distribute processing

play11:07

power and I've been telling you over and

play11:09

over again that most of these deep in AI

play11:10

compute projects can't really cope with

play11:12

the specific processing power needed

play11:15

because they don't have the right chips

play11:17

the Nvidia h100 chips and a handful of

play11:19

other highly specialized very expensive

play11:22

chips ather has exposure to around $400

play11:24

Million worth of these Nvidia h100 chips

play11:27

which means ather is primed to be able

play11:30

to process his compute power for people

play11:31

like Mr Becka but anyway not going to

play11:33

show this to you I'm just using this as

play11:34

an example market cap $279 million okay

play11:39

but fully diluted valuation $3.1 billion

play11:42

many of you keyboard Warriors out there

play11:44

will be like red flag red flag and I'm

play11:46

here to tell you that you're wrong

play11:48

because while the circulating Supply is

play11:50

9% and that looks horrible we need to go

play11:53

and look at the token unlocks for ather

play11:55

to understand whether or not bearing in

play11:57

mind the bull market is likely to finish

play11:58

and let's say 18 months if we were

play12:01

really really generous 2 years then we

play12:04

can find something out well we can look

play12:05

at this chart you can see that basically

play12:07

these are how tokens are getting

play12:09

unlocked and in maybe a year's time they

play12:11

will double in Supply but where are

play12:13

these tokens coming from well most of

play12:14

the unlock is actually coming in the

play12:16

form of distribution from the Checker

play12:18

nodes these Checker nodes are

play12:20

distributed to Guess Who the retailers

play12:23

who bought them are they likely to sell

play12:25

and dump on everyone else well probably

play12:27

much less likely because they're in a

play12:28

bull market they waiting for the tops

play12:30

and they only bought those notes cuz

play12:31

they're bullish on this project and

play12:32

looking down to 2029 you can see that

play12:34

they basically very limited unlocks that

play12:37

are happening over this period of time

play12:38

so yes while there is a big circulating

play12:40

Supply to eventually enter into the

play12:41

market it's going to happen over a

play12:43

significant period of time and during

play12:45

that same time we've got metra's law

play12:47

pumping a load more people back into the

play12:49

ecosystem to prop up these projects so

play12:51

simply I'm not that worried about a

play12:53

bunch of unlocks that are happening for

play12:55

a number of these projects in fact

play12:57

because of this if the circulating

play12:58

Supply is only around 9% of Aether right

play13:00

now it means its current market cap is

play13:02

set around $270 million and even if it

play13:05

does a 2X in the next year that's around

play13:07

$500 million so for it to do a 10x it

play13:10

needs to go to $5 billion remember of

play13:12

the circula supply don't worry about the

play13:15

FTV worry about the circulating Supply

play13:17

right now because this supply and demand

play13:19

model dictates what is happening today

play13:21

right now and what is going to happen in

play13:23

the future and as long as that Supply

play13:25

doesn't massively ramp up over the next

play13:26

few months then you're probably all

play13:28

right and it's much easier to to make

play13:29

significant gains in coins that have

play13:31

massive valuations that are actually

play13:33

undervalued and since what Alex Becker's

play13:35

just said a lot of these projects if you

play13:36

are backing ones that are fundamentally

play13:39

very strong that are actually delivering

play13:41

a service then you can't go too far

play13:43

wrong if you're looking into gaming if

play13:44

you've going to find a game that has the

play13:46

potential to actually become a

play13:47

mainstream game guess what you're going

play13:49

to make an absolute killing because

play13:51

there's a potential chance that after

play13:52

this bull market there are projects that

play13:55

will actually be delivering a service

play13:57

who would have thought this and they're

play13:59

not just going to be propped up by hot

play14:00

air and excitement anymore they're

play14:02

actually going to be delivering

play14:04

something and I don't want you to miss

play14:05

out on some seriously decent projects of

play14:07

which this is just an example and

play14:08

obviously there's loads of other

play14:09

projects out there i.net launched

play14:11

recently similar situation I'm just lazy

play14:13

I don't want to flick through different

play14:14

projects the only thing I will say to

play14:15

you is this a lot of people are looking

play14:18

at previous coins from previous bull

play14:21

markets like salana and saying well it

play14:23

reached this valuation there's a good

play14:25

chance it's going to reach three or four

play14:26

times that and they're simply looking at

play14:28

and alltime price chart they're like in

play14:31

the last bull market the price went to

play14:32

$258 of course it can do a four or 5x on

play14:36

this it should be worth $1,000

play14:39

$1,250 whatever it is all you got to do

play14:43

though is see that this time we've only

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reached what $200 which is lower you

play14:47

will see in price than the previous bull

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market but if we click on market cap you

play14:51

will see that more recently we actually

play14:53

hit alltime highs for salana that is

play14:55

something that is worth keeping into

play14:57

account that may be in the longer course

play14:59

coins that have been diluting over time

play15:00

there is a chance that maybe some of

play15:02

them won't reach previous valuations but

play15:05

for newer coins I wouldn't concern

play15:07

yourself so much now guys all of the

play15:08

coins pretty much that I talk about on

play15:10

this channel are available through

play15:11

bitchx which is linked down below they

play15:13

launched ather the other day they

play15:14

launched AI o they' launched render and

play15:16

a huge amount of other tokens out there

play15:19

the best part of bitchx it doesn't

play15:20

require a kyc you don't need to use a

play15:22

VPN no matter where you live around the

play15:24

world and they're doing their best to

play15:26

preserve this service also we are

play15:27

listing coins on the every single day

play15:29

that they ask us to list so if you want

play15:31

to list specific coins on bitx then

play15:34

write them out down below and I will go

play15:36

and contact the team and ask them to get

play15:37

them listed ASAP all you got to do go

play15:39

across sign up to bitchx link down below

play15:41

where you'll get an additional bonus and

play15:43

if you write the coin that you want to

play15:44

trade on that platform without needing a

play15:45

kyc or a VPN then I'll ask the team

play15:48

there's a very very good chance they'll

play15:49

be able to list those tokens now one

play15:51

more plug while we're at it the school

play15:52

of crypto my other channel my second

play15:55

channel will be starting from tomorrow

play15:56

to deliver live trading updates for the

play15:59

people who are interested in day trading

play16:01

I'm partnering up with my friend Dylan

play16:02

to deliver you three trading sessions

play16:05

live per week happening on Monday

play16:07

Wednesday and Friday also going to be

play16:09

delivering you various other tutorials

play16:10

where you can learn to trade you can

play16:12

learn to use different trading exchanges

play16:13

you can learn to understand supply and

play16:15

demand Zone trading you can learn to

play16:17

understand different indicators you can

play16:18

learn to understand which are the best

play16:20

pairs to be trading and you can play

play16:21

along with a team to be able to make

play16:23

significant games so make sure you go

play16:25

across there subscribe so that you don't

play16:27

miss that live stream that's happening

play16:28

on Monday evening Europe time guys

play16:31

thanks very much for watching if you

play16:32

enjoyed that video or if you didn't but

play16:33

you just want to help me to succeed

play16:35

because it's Sunday and you're happy hit

play16:37

that like button subscribe and I'll see

play16:39

you tomorrow in another video bye-bye

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