 Hello friends and welcome to another episode of the Market Report on Coin Telegraph. I'm your host Benton and we are joined by resident experts Jordan Finnesseth since Marcel is away on the holiday and we've got our friend of the show, Samborgi. Jordan uses his background in psychology and human behavior to spot emerging trends and crypto and Samborgi is the business editor at Coin Telegraph where he brings a decade of experience in economic analysis and financial market writing. What is up fellas? How are we doing today? Doing good just hoping we can get out of this little bear funk we got going on. We'll see. Yeah I was always said a drop below 40 was a huge surprise for me and it looks like we just breached that level so we had a nice bounce but we'll see we'll see where it goes. Markets seem to be a little bit in turmoil but today we are bringing to you the reformatted show to bring you some of the information you can't find anywhere else on the internet. Today we are debating which chains will outperform the others. This is the Layer 1 debate today and we're going to be facing off between each other. Each person will have two minutes to convince the others why we think our chain and L1 picks will outperform the others in 2022. Once the two minutes run out the other members will have the chance to cross-examine the presenter and maybe even point out some flaws and drawbacks of the selected projects. You all the loyal viewers of the market report we appreciate you tuning in thank you for joining us can help us decide today which project you think will be best by voting in the live poll in the chat so make sure you're doing that throughout the show today. We're going to be pitching you some of these projects giving you some of the highlights some of the nuggets that you can't find through hours of research scouring the internet. So let us know what you think in the comments make sure you're voting in the poll today. We're also beginning giving away one month subscription of Markets Pro and by the way it's the one year anniversary of Markets Pro happy birthday Markets Pro. So make sure we're going to be plugging in your Twitter handle in chat we're going to be selecting one of those today to give away that subscription you want to have the power of Markets Pro in your pocket. So today first things first we're going to jump in for the quick market run down and recap what's been happening this week and then we're going to let Sam present first followed by myself Jordan and then we're going to have a little Markets Pro segment to give you the coin watch some of the tokens that were biggest movers even during this bear market so little mini bear market if you want to call it that so make sure you're liking subscribing coin telegraph on YouTube so let's go ahead and get into our weekly roundup. Danilo run it back that was your weekly roundup lots of stuff happening this week as we've seen the market slide don't forget folks comment in the comments today that one month subscription we're giving away to one lucky winner today so make sure you are chiming in with your Twitter handle so that we know how to contact you when we select our winners here at the end of the show first things first I think Sam Borgie has a L1 blockchain he would like to discuss with us today so we're going to go ahead and jump into our first segment of this L1 debate today drum roll please Sam Borgie the floor is yours my friend so I was asked to select an L1 for this week what I think is going to be outperform the rest of the market or other L1s for me the decision was very easy I'd not to think about too much it was AVACS also known as Avalanche lots of reasons why I think Avalanche is going to completely outperform other L1s this year the first of which we all know that Avalanche is the one of the best performing L1s of the past 12 months but we also know that it's in well position to tackle some of the biggest issues within crypto namely scalability decentralization or lack thereof and latency so we know that scalability is something that continues to haunt ethereum even with the e2.0 roadmap and everything that we've talked about with with the talent there's still a lot of issues about whether ethereum can actually scale up to become the internet computer that many envision it to become that's where Avalanche comes in Avalanche can process over 400 transactions per second with no limit of the number of subnets that's much higher than platforms like polka dot and it can also scale to tens of thousands of validators per subnet which makes it more decentralized than polka dot and other L1s ultimately Avalanche provides faster transactions and lower fees in ethereum which means it's in prime position to take away market share from ethereum and that for me is a real important thing I don't care much about other L1s what I what I care about is who can challenge ethereum who can take away market share from ethereum I think avax is in prime position to do so over the next year and I think its price is going to reflect that avax also has excellent tokenomics 720 million tokens at the start half of which were mined in the in the genesis block the other half are being minted over time the great thing about avax is it has a built-in burn mechanism which produces more scarcity so if you're a token holder and you can see that there's actually a reduction in supply through burns that's going to be really good for the price that's another really really important factor for avalanche also another thing that people seem to overthink or or not think too much about I should say is the fact that avalanche is backed by some of the biggest venture funds in the world smart money is dumping hundreds of millions of dollars into avalanche you think they're going to go away without making a lot of money they know a lot about this market and they know that avalanche will outperform so we have everything from three arrows capital to Anderson Horowitz polychain capital they've all dumped hundreds of millions of dollars into this market and if you want to share my my screen here I can show you some articles here that really demonstrates the massive potential of avalanche as I mentioned here in September closed a 230 million dollar fund essentially these vcs were were wanting avax tokens for their for their participation in the private sale that's all you really need to know about where this where this platform is going and also another thing why avalanche is so powerful it has an ecosystem fund and that's raised millions of dollars to help developers actually build products on avalanche lots of really really good incentives for investors and for users and developers to join the avax ecosystem ultimately I think that it's touching on every single major industry vertical from D5 to NFTs to stablecoins and that's why I think it's in prime position to take market share from ETH no one else really comes comes close as far as I'm concerned to being able to really outperform the next year that's why I'm selecting avalanche and if you take a look at the price chart I know the whole market is down recently but if you take a look at the one-year performance of avax has been absolutely astronomical and with the VC funding that it has the smart money funding that it has I think that's going to go much higher in the future so it's real quick Sam we see some people we got some avax fans in the chat here today welcome everyone from around the globe make sure you're chiming in we're about to do a little cross examining here Sam all right and so like my question is this when I hear avax I'm a big fan love love the project love what they've done but what would it take for avalanche to move and surpass Solana which prides itself on highest transaction throughput of any blockchain out there to be well I don't like so so transaction speed is really important but I don't think it's the end all be all I think there's other factors that are in play that are going to really help avalanche outperform one of them is also latency so in terms of throughput speed is one thing but latency is another thing avalanche transactions have one to two seconds acceptance latency which is very very fast and what that means is that it's a very usable platform you combine that with the decentralization aspect and with the actual growing utility of avalanche as a real-world use case I think that's going to be prime to attract developers moving forward the how do you think that's going to happen anytime soon I know they did the developer fun to try and track liquidity and stuff a while a few months ago and it's still not too many I know I saw a tweet out there I don't think it even showed up on there with the number of develop full-time developers a theorem has like 1296 all the way down to buying a smart chain with 84 but avalanche isn't even on that list what are they gonna how are they gonna attract more developers to the ecosystem well they've already attracted some of the biggest names some of the biggest projects some of the biggest brands we have the new york islanders for example partnered with an NFT platform orange comment that uses avax we saw a play to earn game called kebada that launched in november on avax and also deloitte I'm sure you've heard of deloitte they're launching a disaster relief platform that helps local governments directly on avalanche so a lot of that real-world utility is coming a lot of these grants that have been announced it's only been a few months in the making there's a entire process to onboard these companies to evaluate their value proposition before they select but ultimately we're seeing a very very very viable network effect we're still at early but it's happening yeah it's so I guess you look at other l ones out there and it's like okay transaction speeds pretty fast but when you look at like terra luna or or any of these other things like how does avalanche really separate itself from the pack in in that respect well I think it separates itself by the massive funding that it has the smart money backing that it has also the fact that it has real-world utility it's not just a pie in the sky project like a lot of others are we're actually seeing real-world use cases in defi and nfts so I think avax has done everything right I mean everybody wants everything to happen right away but that's not how projects evolve I mean we're not we haven't launched very far I mean avax has been around for a very short period of time it's already has the massive VC funding the development roadmap is solid all the technical specifications are solid we're seeing a very very strong and viable ETH competitor I don't really care about the other l ones I care about how it compares to ETH because that's where the network effect is and if there's any platform that is going to take away market share it could be a few percentage points initially but that's still significant I think it's going to be avax do you think that avax does ETH better than ETH does ETH it's getting there isn't it it's starting to get there I think that that's a that's that's one way to look at it I just think there's so much going for it right now and as more users look for alternatives to Ethereum avalanches is already now one of the top performers the hype is there the backing is there now 2022 and beyond is going to be where everything comes together and you start to see more real-world utilities one of the big things that folks like to talk about is the decentralization of validators looks like Vikram has asked how do you know how many validators avax has and and how decentralized are they I don't have it on the top of my hand but I know that avax is structurally set up to be much more decentralized than polkadot for example and other l ones and that decentralization is going to be a huge element as we move forward so decentralization scalability and latency I think are three aspects that avalanche is going to really outperform with moving forward excellent insights in the chain that you chose today has a bright future but folks make sure you are voting in chat if you like what sam had to say cast your vote but guess what I think I'm going to be sharing my chain for today so make sure you're casting your votes hint vellis is would be a great chain to vote for today so let's go ahead we're going to go ahead and pivot I'm going to make my little brief presentation and looks like avax is leading the poll currently so Sam you have been selling the crowd today the the crowd is voting in masses for avax got a lot of avax fans out there but I might be able to convince you folks about vellis so just wait hold your votes until you hear about vellis if you're not familiar with this project we're going to get you the information today so let's go ahead and jump into my segment because we know we're I'm about to win this let's do this well well well here we are the l1 debate and guess what it's vellis may be a project you are unfamiliar with because of how nascent in knew it is to the l1 ecosystem uh this was a blockchain that was deployed in elite 2019 so it has not been around the block for very long so why do you ask why vellis spent why why am I so bullish on vellis so I think that 2022 will be the year that vellis will outperform many other blockchains like we saw with terra luna in 2021 like we saw with avax in 2021 2022 will be the year of vellis why do you ask because of the transaction speed so what happened was vellis forked from the salana ecosystem and made it EVM compatible what does that mean why is that so valuable well this means that that developer community that's building on any other EVM chain polygon uh l2 let's see avax you have all these other l1s can now build on the same kind of network that salana is but now on vellis and I think that's extremely valuable so you're getting the power the speed the 50 000 transactions per second of salana and now you're bringing that over to the EVM ecosystem where there are a ton of developers so onboarding into this particular chain will be super easy from the development now I do also want to highlight a few other things uh we're going to run through a couple other token supplies because when I'm looking at chains I like to look at the token supplies so when you're looking at things like this we have token supply for ethereum 119 million token supply for salana 508 million token supply of avalanche 395 million token supply of cosmos 284 million and then token supply of vellis is 2.2 billion and so when you're looking at these chains like for example cardano or vellis and they have these super high token supplies what this tells me is that they have grand plans they want to reach the entire planet and if there's seven billion people on the planet and you have 2.2 billion this means that they're planning to scale at massive rates so for me that tells me they have a big vision and so these high token supplies normally I'm not too fond of them but uh I think it does tell you where their head is thinking and where they could potentially going so we're talking about outperforming I think 2022 is the year that we'll outperform and I'm going to bring up my screen real quick and we're going to show you a quick chart walk you through this so for me right now uh when this launch vellis had a hot start and so we've seen a steady decline but it's recently rose in in the past couple months and now it's actually in my buy zone a little green box there that's my buy zone and I've been loading up on VLX the reason for that is is that I think there's a lot of potential this year for development for building and for vellis to actually take the blueprint of what other l ones have done and skip past a lot of the the stages that all these other chains went through because they've seen what has worked and what has not worked and so with that being said uh little little uh partnership action from vellis for Ferrari and so Ferrari is partnering with vellis and that's telling you something if Ferrari is fast then vellis might be even faster and for me that's what I believe is going to happen is that because of this transaction speed and the value that that can bring uh to an EVM ecosystem I think that's what that's what all change should be it's 50 000 transactions per second where you click it a transaction confirms and you're ready to go now only downside that I will say about vellis is that it's so new um and there's not a lot of backing yet um now with also that being said they are issuing grants out so they are looking for developers to come in and build projects and friend of the show actually wrote this article I must remind you Sam Borsig wrote this little article about vellis and so for that I do say I mean you know at the end of the day it's like hey if Sam's writing about vellis then and then it must be a great little blockchain so they have this grants program 100 million they're funding projects um and so for me that again signals that they're trying to build they're trying to build fast um and that's kind of what we're looking at so if vellis is good enough for Ferrari it's good enough for me and I think it's going to outperform any other chain in 2022 I have a quick question for you and it kind of ties in here with a Ivan van who's saying like if Solano breaks vellis breaks and Solano's having some struggles lately I know they've gone down a couple times and like have they have they separated themselves from that like if that same problem can that happen to vellis too have they solved that problem that is a great question in a valid concern I must say because if they forked that same code I'm assuming they're going to have the same bugs now I'm not a developer so I can't really answer that question but I would like to assume that they would be able to fix that and so yes all these blockchains have their hurdles we see it happen to Matic even though it's an L2 it's at its hurdles and challenges but I think at the end of the day we've seen these chains recover from those kind of downfalls and pitfalls and then kind of pivot and continue to forge ahead so I think vellis will continue to do the same well looking at that chart Benton I think are those were those fib levels I hope you're not using that sorcery to uh to predict any kind of future pattern just saying just saying there you know like you mentioned that vellis is new and it launched in late 2019 well I think AVACs launched after and look where we're at so I'm just saying from a crowded L1 market you know I've seen that eight uh vellis is barely on top 100 point how do you think it's going to compete in an overcrowded market where you have such such powerful large caps dominating the L1 space you know it's tough it's tough I I always like to go with the underdog and you know what when you get a swiss piece of engineering like vellis you just sometimes you just go with your gut and so for me yes there are a lot of hurdles for competition but I think the ultimate value prop of the speed of salam is what is going to attract developers into this ecosystem uh because when you're actually using I was actually staking the other day it is literally you're clicking and within not even a second the transaction is confirming and I think that is the future that we all want it's instantaneous um and so not saying that there's no value with other chains but I think there is still tremendous value with that and yes there has not been a lot of funding around this yet but I think 2022 is going to be the year in these partnerships when you see Ferrari and and companies like that coming in and saying hey we like vellis and we're going to partner with them I think that's a signal that more is to come this year if salam or adds ethereum virtual machine compatibility would that kind of take away like the the legs out of vellis like would that what would what would how would it compete with salon in that point that's another good question and you know what I don't know what would happen uh but the same has been said for uh finance smart chain uh or any of these other l1 competitors inside of the EVM space you've seen what happened we've seen avax compete with phantom with arbitra with all these other l1s and they're still surviving and so I think at the end of the day uh you know it's going to it's going to come down to uh how how many people are starting to use that ecosystem and vellis I think as they continue to build more people will come there and just like people will go to salam and stay in that ecosystem you're going to have the same thing happen in vellis and they're going to become the true believers and stay and build in that ecosystem yeah ben I know you already touched on it but um the the token supply which you know makes me very nervous is that a fixed supply or are there any aspects to having that supply reduced through burns or anything have you read into that with regards to vellis that's a good question and I know we were talking about that earlier uh this high supply is a little bit concerning to me because when we have these these high token supplies it becomes uh almost like inflationary and I think I did not I did not see what plans they had to install deflationary mechanisms into the ecosystem so that is tbd I don't have an answer for that but I could find out yes any any further questions do we have any from the audience let's see what do we got in here vellis run its own nodes is their use case uh so let me go ahead and pull in uh let's see some of the daps being built on top of vellis right now this is waggo swap this is your decks for vellis uh looks like they pretty much just forked a pancake swap this is the same evolution we've seen on every single other chain where these forks pop up they create their decks so nothing it's got that transaction I know it's my chain and it is better it's going to outperform every other chain this year I'm telling you all right bit orbit this is a social platform being built on top of vellis so I will say vellis is taking a little bit different approach they're not going to yield farm and in having all these forks pop up I think they're selectively deciding the directions they want to go in uh bit orbit being one of them it's a social platform builds on top of vellis where you can earn uh you can stake you can do all this kind of fun stuff and not to mention I didn't even show you all the website uh of vellis just look at this homepage for a second look how dope this is I mean if I'm sitting here looking at a website like this is probably one of the coolest blockchains website like I mean for me uh this is part of the marketing marketing is also part of this we saw it with avax they're doing a shit ton of marketing like same thing happens here look at this this is a beautiful brand I love vellis right now and that's another reason why uh if they have to look in the field it's going to catch a lot of people's eyes and that's why it's going to outperform others in 2022 I'm just saying Tron was good at marketing too man Tron's still around though even though I I'm not going to vouch for Tron so yeah I give you kudos though Vincent that's like it's a brave pick to pick one that's a new new project we're throwing up like avalanche and out like yeah good that's a good it is a dark course and you know what I will ride that dark course all the way to the finish line for 2022 um it you know like I said I think it's it's a value prop the transactions feed for me gets me every time everyone said the same thing about salana now all they need is vcs they need the money they need the backing they need the jesus figure to to march ahead with with vellis and I think there there's a lot of pieces in place for them to start making those moves who are the investors in vlx they are privately funded from my research um and there's nobody that has kind of came out in in publicly disclaim that yet from what I I understand good question very good questions and while you're watching today pepper in the questions vote for vellis vote for vellis right now do it do it do it and don't forget to drop your twitter handle so we can pass out one of these three months to corn telegraph markets pro everybody let's see chillax chillax is throwing shade rug pulls up dope websites also yeah like squid games squid game had a really dope website thanks chillax i mean i don't know vellis vellis tells it for me so i those people watching today you're there you're gonna love vellis or you hate it okay but it's gonna outperform my chain is gonna outperform all of your chains no matter who you are whether you're watching whether you're saying whether you're jordan it's gonna outperform everyone's chain this year all right well that was my segment uh i'm gonna bang that vellis rum all day uh so jordan i will i will let you have the floor so that you can walk us through cosmos and how no one is gonna vote for it today go for it danilo all right you guys can just forget everything else these guys said just listen to what i'm talking about because i decided to use cosmos the ticker is atom atom the reason i chose cosmos is because aside from solving some of the issues facing popular change like a theorem including scalability and transaction cost cosmos is also well on its way to becoming its own fully fledged like blockchain ecosystem in its own right with multiple popular projects such as terra luna or crypto dot com operating on top of the cosmos hub ecosystem now and using the inter blockchain communication protocol to kind of interoperate with all these other chains which is another reason i chose cosmos i think 2022 is really going to be the the focus is going to be interoperability i think before the show we sam mentioned like they've been talking about interoperability interoperability since 2017 and yeah that's true but i think um cosmos is one of the first ones to actually kind of really establish a network where all the change within the ecosystem can interoperate through its interblock chain communication protocol i bc which is why i chose it and now there's a project on cosmos launching called evmos or eve most evmos which will enable ethereum compatible projects to bridge over into the cosmos ecosystem so it's really spreading out the interoperability uh kind of abilities for the whole cosmos ecosystem and cosmos is the base layer of the whole ecosystem it's like the base chain the the proper the value proposition for cosmos is you stake it on the network and it secures the whole network so all these other chains that exist with on the network can operate cosmos is capable of supporting 10 thousand transactions per second as are each of the different chains on the network so terra luna a very popular stablecoin protocol is on top of cosmos it can do 10 000 transactions per second car crypto.com can do 10 000 transactions per second kava which is a defi protocol can do 10 000 transactions per second again with all these other ones so the whole ecosystem is developing out different chains for every different kind of sector of the cryptocurrencies whether it's NFTs with persistence or defi with kava or osmosis or privacy the whole enigma which used to be on ethereum is now on cosmos and it's secret the secret chain and it is a privacy focused smart contract platform so it's really developing a whole ecosystem to cover every sector of the market there's a total supply of roughly 284 million atom tokens and it can be staked on the network to help secure and process transactions currently 60 of those tokens are staked on the network there's a 21 day unstaking process which i i i appreciate for some that you can't just dump tokens on the market when things go bad people have to wait for that and but another thing that i find beneficial for it is that they have liquid staking so you're staking on it can't just take it for 21 days but you can get a liquid token that you can use in your trading so you can still access the value of your atom token or all the other tokens staked on the network by getting liquid tokens but and you still earn staking rewards so that's another added benefit like multiple ways or a sideways to earn a passive income and still trade and again the the project's focus on interoperability is really going to start paying off in 2022 especially when ethereum virtual machine compatibility gets on board and projects are able to bridge into the cosmos ecosystem and be utilizing the growing d5 communities so yeah and pay lower fees and stuff like that some of the some of the chains in there actually have zero fees if you want so i'm just really bullish on the whole cosmos ecosystem overall interoperability is going to be the name of the game here in 2022 so that's why i chose cosmos okay cosmos the uh the the king of interoperability um so that brings up the question is is interoperability really the holy grail of blockchain stored yeah we got we started with bitcoin and it's all siloed over here as the sam said they've been talking about interoperability since what 2017 it's the thing that will connect all the different blockchains all the different d5 all the different nft things together interoperability the only way that the future world can can work together is if all these different networks can communicate with each other so i think that that's one of the biggest things that the biggest developments that's really needed within the space and cosmos is is taking the lead on that in my opinion yeah i'm i'm just uh i'm just surprised that you would go with cosmos and this whole interoperability thing maybe maybe i have a lot of flashbacks to my ico days back in 2017 but if you think that interoperability is coming in 2020 the way cosmos says then i have a bridge to sell you you know it's one of those things where i still not seeing any kind of tangible evidence that cosmos will be the leader of the interoperability future and how that's going to happen so again that's just a comment that i have i know that you've addressed it i gave you my remarks but uh anything interoperability is a huge red flag for me because no one hasn't figured out yet all these different platforms are so focused on building their own ecosystems that i'm not really seeing i don't i don't buy it i'm not buying it is it one of you think has a better lead on the interoperability game i think none of them do to be honest so why can't you like why isn't this one that has a focus on it with the ibc protocol to me that's taking the lead perhaps so i have another question for you what happens when the next interoperability chain example axelar uh starts to compete and and what does a future look like when you have multiple competing interoperability layers it's like that just seems like a giant cluster well it's already like that isn't it we've got lots of interoperability people are going from bsc or giant smart chain to avalanche to ethereum to phantom they're going to throw in some v loss over here and eventually over to salana then we're going to park it over to polka dot and then let's just hide in the cosmos i'm like this is just going to be a really big like interconnected web of confusing and in my honest deep down opinion the chain that's going to represent all that be the end all be all chain doesn't even exist yet so this is all like steps on the path to this future goal we're working towards and i just think that cosmos is actually contributing something that with focusing on the interoperability and inter blockchain communication yeah i have a i have a problem with that because i think that the chain that will rule them all it's it's it's vellis and it's it's already out there i mean it's it's quite clear i mean i don't think it's all right so i got another question for you why do you think adam will outperform dot this year just in regards cosmos versus polka dot i mean seems like they're kind of trying to do the same thing a dot confusing it's really hard to use i mean i've been in crypto since 2017 and i'm like that's the the one i want to use the least like uh it just never it's never easy and i have to like study i have to go read something for a couple of hours and like okay i think i can do a dot transaction now where it's not like that with all these ones and there was another point i had but yeah um uh yeah i just think that the the different projects launching on adam whether it's the secret or um osmosis they they're really feeding in and meeting the needs of the crypto community right now and it's simple using the kepler wallet is really bingings he is a salesman yeah he is a lot simpler than using the jason polka dot wallet up there so yeah i think i like that and like dot had its time in the sun earlier in 2021 like kusama went up to over 600 bucks early in 2021 just the rest of the way down they had these the the parachain launches for both of the networks and i was expecting that to really like kick them into high gear and they just kind of like me so what is what's the next thing for dot and kusama after the parachain launches have already gone through and that that was a big selling point what's the next big thing to to really pop up the price of those i don't really see it but for cosmos again it's the base layer of the whole cosmos hub ecosystem 60 percent of the tokens are staked 80 could be in the future and it's just the it's helping run the whole cosmos hub and yeah i just see it's a better use case than polka dot this guy i think polka dot will be big in the future when they get there you i worked out user interface if for those that don't know sam any any closing thoughts or questions for this cross examination of jordan's l1 chain no i i've already raised my concerns and i've been hearing the same spiel over and over and over and over again since 2017 2022 will not be any different you shouldn't be focusing on on on what cosmos is doing you know the answers are all on avax so make sure you focus there for the only way that people are going to get to avax they have to be interrupted for people to get to avax well well told me that i was going to say i'm pretty sure out of all our projects cosmos has been around the longest if i if i'm not mistaken yet they have the least i guess uh you know i actually delivered in my opinion least what the final i'm saying like they they've had the most time to develop with like the least amount of output is is that is that safe to say how is that the least amount of output when they got the whole cosmos stub kind of established now an ability for multiple chains to operate and and communicate with each other fair point fair point okay a lot of a lot of programs that used to be on ethereum like enigma have bridged over here dimio go ahead and show my screen please oh we got Todd cosmos ecosystem a lot of these projects used to be ran a lot of seller a lot of these things used to be on top of ethereum and now they're over on cosmos by now i know some of those are shit projects but it's just expanding switchy rug poles from neo or this one even crypto.com was on ethereum now it's on now it's on cosmos it's just like it's showing you that the projects want to come over you can go ahead and drop that to neil i'm just saying like cosmos ecosystems expanding a lot of program projects that used to be on ethereum are now on cosmos and they're finding it easier to operate i mean you would imagine with with five years in the bag that they would be able to land some some big partnerships like that so it's good to see it like oh hold on Todd Todd coming in hot here guys stop focusing on tps it's all about finality i mean Todd you got a point it is about finality and that's why everybody's got different ideas of what's the most important i think they're all together combined the most important thing and i think we're like the the surprising thing for me is to realize how early we still are in this game like but we've been here five years but it's still early it's like uh it is it's it's it is crazy to think about we're we're so early on all this by the way it looks like avax is still leading in the polls come on come on obviously where where's my votes i think we need to open the poll after everybody's presented all right yeah yeah okay we gotta talk to the producer about that uh we gotta we gotta fix that because that's i think the structure is perfect don't change the saying i think it's everything next time you want to go less than same all right uh all right i want to get a point i was going to talk about it my real dark horse is actually i almost chose algo over over um cosmos but oh see just because i'm wavering he's wavering on his pick now even he was going to do algo and now oh i landed on cosmos throughout your dark horse pick my dark horse is algo just because like they're they're working to stable coin issues and stuff like that and pure people stick man nothing easier than just putting your wallet and letting it stake so yeah well make sure you're chiming in chat today with your twitter we're watching we're hawking the chat today and we're going to select a winner for that one month markets pro subscription it's a one-year anniversary by the way uh we launched markets pro like one year around this time last year so uh speaking of markets pro let's go ahead and jump into markets pro so that you can get caught up to speed on some of the coins that pumped over the last week let's go ahead danil get us into markets pro please happy birthday markets pro happy birthday because it's your one-year anniversary okay all right we're going to talk about a couple coins today alchemy pay a ch this was hot newsquake service caught it okay and if you're not familiar with newsquake service it's automated alerts that instantly notify users about market moving events thanks to them markets pro subscribers often beat the crowd to the most important news of the day let's take a look at the chart alchemy pay wow is that a elon musk rocket ship no that's alchemy pay you're looking right at it it's that newsquake folks bottom left circle or bottom right circle and that white price line shows you what happens when you catch those newsquakes what happened well by means announced on its website that will list two new assets alchemy pay and mutable x those who caught the newsquake service was able to take a ch on a little bit of a rocket ride started at 63 cents and in just three hours it shot up to 90 cents that's a 42 percent increase folks that's why you pay for markets pro but guess what we're giving away that one month subscription today so that you could have the power of this 40 percent 42 percent gains on alchemy pay that would have been a nice little uh nice little uptick oh by the way it rebounded bouncing back to 73 cents five hours later alchemy pay love to see it all right so let's move on to the next one that our markets pro service was able to catch uh token was internet computer icp trading under the ticker icp for those aren't familiar with vortex score it's a comparison between its current market and social conditions of those in the past markets pro score of 80 and above it is considered confidently bullish conversely a low vortex score below 30 indicates historically bearish conditions on this particular chart you see where the vortex score cracked 80 it's that trade 88 strategy love to see it and that white price line it didn't do an elon must rocket ship like alchemy paid but i still say that's pretty damn good um and so it looks like we shot up from 30 21 to 37 14 that's a 23 percent gainer and that's all on january 10th too i believe yeah all in one day so if you got the power markets pro and you see this and you're able to act on it this is the power of that folks one month free comment in with your twitter handle will give in a way that uh one month subscription for markets pro for the one month anniversary by the way we appreciate everyone tuning in from around the globe today if you haven't liked and subscribe go ahead and do so now uh new format market report we're going to be bringing to you live new projects every week that we're going to highlight and we're going to give you the alpha that you can't find anywhere else about these projects and we're going to be talking about it we're going to be debating them just like we did today lot of good sales pitches happening i heard you know a lot of people are voting for vellis now did uh what did uh did jackson just say vellis isn't the lead what what i think vellis isn't the lead not true let's see what else do we have for today final thoughts final thoughts gentlemen sam i'll let you start with your closing thought for today jordan and then we got to select our markets pro winners and then we'll get into all the other stuff yeah all i'm saying is that if you're really looking at where to park your money as an investment look at what the smart money is doing you know smart money usually has a good handle on where they're allocated capital you know smart money just doesn't just dump money into tokens they allocate capital and the smart money is allocated capital to avalanche in large sums the biggest vcs in the world avalanche is doing a lot of amazing things with real-world use cases and i mentioned them earlier it should be near the top of your list of coins that you should consider 2022 because it has the name brand the recognition i think it's a no-brainer in 2022 and beyond well i don't think that there is no no-brainers or there are for me i like i like train tracks what we're doing now l ones in my opinion they're all they're all worth throwing a little bit of money i i don't know what's what's going to be the one in the future right uh my experience in this game is spread your bets out not too thin but pick really good solid projects and that's the kind of word where our goal here is to bring you guys solid projects to give you the best kind of alpha going forward and you make your best decision from that but again i like to spread my bets out and kind of because no no no projects run at the same time and so like one's gonna run then it's gonna fall back and pick profits and then put it in the southern and then it runs that's that's the way that i go this isn't investment advice is my own process but we might get a better market for us this year we might get a bull market it's going to be fun crypto never never never never keeps you like bored i guess so yeah take your profits and stay sane folks yeah great uh great thoughts i'm going to give you my closing thoughts uh to know can you pull up vicram's comment looks like what's what's that i'm getting i'm getting reports okay yep yep uh we're getting reports the poll has ended okay uh looks like avax took the crown today looks like we got a lot of avax homers watching today's show uh had 50 of the votes followed by adam with 36 of the votes and vellis guys what happened today 12 of the votes jeez i thought i was uh i thought i did a pretty good job okay maybe not uh all right well let's go ahead and let's pick a winner today for our one month subscription congrats to sam you did an excellent job pitching avax today i think uh you even sold me i think at the end of the day if i had to vote i would have avax too uh just saying uh all right so let's go ahead and pick uh the markets pro winner for today guys who do we like in chat who who is chiming in today uh i think through there twitter handle this guy he was he was pretty this person was pretty active in from the beginning there's a couple it's like oh man i don't want to like uh hurt them like ignore somebody else but now i don't know that person do you guys have any ideas sam you seen anybody in chat let's see crypto news looks like yeah uh actually vikram was was chiming in today a lot vikram has some good comments there vikram you're our winner winner winner chicken dinner we're gonna dm you on twitter and you can claim your prize and you can have the power of markets pro at the tip of your hand at your mouse at your phone whatever you whatever however you want to trade whatever you want to do markets pro is now yours for one month congratulations vikram we appreciate you chiming in thank you everyone for tuning in today this new format i think is a lot of fun uh we're having fun with it we hope you all are chiming in let us know your thoughts we had a lot of trash talking today which uh it was kind of fun mix it up in chat there um and we appreciate everyone joining today's show if you haven't liked and subscribe do so turn on the notification so that you get one every time we go live next week stay tuned we're going to surprise you with what is next thank you for jumping in for today's market report until next time over and out