 Welcome digital asset news take the top stories and crypto currencies last sets and break them down to bite-sized pieces So everybody welcome to this early morning broadcast usually I don't we don't do too many early type of things Here on the channel. I usually wait like around 11 12 o'clock, but my buddy Alex and Nick They said hey, we got a we got to do something mostly Alex and there was an announcement coming from bitcoin.com but Something happened and Alex tell us what happened to this guy Dan and Danish Dan it was an unfortunate event, you know, we were all excited for this AMA With Donis who's had a Bitcoin.com exchange and the centokan thing listing but he Called me this morning and said that a hurricane has hit his little island of Barbados and that the power is knocked out and We will have to postpone this so What I would like to do Rob is if you and I could just go over real quickly the trajectory of this hurricane What it means for you know, the people in the Caribbean So here I'd like to point out this map now circled in the lower right you can see where Donis is and we're Is that Barbados is that Barbados that's the island of Barbados It's currently being hit with a storm, you know One of those big swirly hurricane things you see on TV But the most importantly is the path of that storm now as we can see in your in your media It's projected to go Yep, there it is over to Cuba and up the left side the west coast of Florida But we have we have different projections in the winds have changed a little and it looks like it actually might cut sharper up to The right and head right towards Peter Schiff's house So I don't know what this means for the price of gold necessarily, but it's not looking good right now Yeah, it's not looking good. It's not looking good for you for everybody who lives in the the Caribbean That's what to say that so everybody of the announcement this announcement for what's happening as far as Let me move this Well, you guys know where all the Bitcoin gold I mean not the Bitcoin that where you guys know where all the gold supply comes from It's right out of Peter Schiff's house. So this is gonna just Exactly this couldn't pack markets now what I do want to point out guys is that it looks like it's gonna miss Miss St. Kits, okay, and that's important for all you Bitcoin cash holders because BCH comes from and but it looks like Roger beer is gonna remain safe and everybody will have plenty of BCH Yeah, that's that's the most important part. That's the big stuff. So this announcement I don't think we're also talking to me about Send token and what's gonna happen with Bitcoin comm as well as some other exchanges and some other utility and some other big stuff but we have to wait for Don ish and if This trend continues because he's out of power right now. This might not even happen tomorrow I didn't happen for a couple of days, but it's okay. We brought we brought the people a treat on your channel today That's right. So let's talk about first of all before we get to these announcements Before we get to those Let me pull this up so here was because me and I I've been talking to the guys over there to trade the chain Nick being one of them Alex being another one everybody's favorite Ryan Gorman and We have some some good information going on. So when I did this thumbnail 30x Because the centokin because right now what do we have for the centokin? What's the price like a three cents or something that two three cents? We're three and a half cents and just so everybody knows this is your thumbnail not Nick and I for 30x Yeah, this is and of course, this is just financial opinion not financial advice Nothing can be construed as any kind of financial advice on this channel You can see some of my some of my picks total losers that I picked out, but I picked up some good ones and This is one of the the thumbnails because on my price prediction videos, which we're gonna get into a little bit later I think things could do pretty well and it really just depends on utility and what actually happened So there was this which was I think a safer bet Then this video or this thumbnail right here. I don't think that would really work out too. Well, but Alex Talk to us Real quick about what is going on with the centokin any kind of listings any kind of updates You might have not to take away from the big announcement But a little something between now whatever you and Nick can tell me. Yeah, you know just to just to reiterate we Have we went on a fair offering launch in Centokin went on a fair offering launch in on the 6th of June on zero exchange and is Currently well got listed on Bitcoin comm exchange last last week or so so we were very excited about that There's actually if you hop over to exchange dot Bitcoin comm You can see there's a $20,000 Trading Contest currently in effect. I believe through tomorrow So that is that we have almost I think 300 Participants in the trading conference or in the trading contest, which is amazing Also, you know, we do the usual Wall Street stuff brought in the market makers support order books Do all that cool stuff that people do and we do have a listing. That's another listing. That's imminent as well as Two others after that one. So we're really hopeful in in in supporting the Centokin and the project over there because What this token does is act as a governance and utility token for the trade the chain platform And so that's really exciting. That's something that brings, you know value add to The holders and to our members over a trade the chain you get rewarded with Centokin you week we took a lot of cues off of Simon over at StormEx and what they do with their with with StormEx's platform. We said let's create a multi reward program for members and so That's what we did and so there's a whole bunch of different discounts incentives coming and again I'll let Danish explain some of that as He heads the project over there, but yeah, it's fun Sounds good and then Nick real quick talk to us about the community because I mean the Centokin is was one part But we're talking about you know trade the chain and everything that goes on over there So you are one of the ambassadors. You're one of the big guys also a Forbes Contributor congratulations. You're everywhere. So talk to us real quick about how the community's grown Yeah, thank you very much Rob and I guess might as well mention that had a Bloomberg Feature and time magazine feature last week as well Which were we're two big ones for me in addition to Forbes very happy about that And hopefully keep a lookout for further research brought to you by trade the chain But the community is really kind of the biggest portion of trade the chain It's I mean if we didn't have the product if we only had the product about the community I do not think we would have this big of a following we'd be able to impact as many people and Help them every day. So pretty much what the community is It's more than I think 60% of our total members all sitting in the community listening and chatting learning contributing Finding hot coins to trade talking technical analysis talking sentiment analysis We've got people in there chatting defying yield farming day in and day out We are on top of pretty much every single major asset for every single group happening I mean literally back and forth between Bitcoin Ethereum Cardano Solana and the whole lot literally just move by move If you were if you're a scalp trader It's pretty much your dream to follow what we're discussing every day And of course we're always talking about how to use the screener that you're scrolling through now So tips best practices people come in and ask for help one person a new member joins There's 20 people in there saying hello welcome to the community. So if you're if you if you need a place to hang out Learn a converse And just continue to build your trading acumen as well as use kind of a five-star product that it really offers you insights That you can't get anywhere else then this is where you want to be and you know I'm in there pretty much from 6 a.m. Then we're time to 8 p.m. We're time, you know intermittently and we're just talking trading all day and night and and fundamentals too So it's it's an absolute blast and I Recommend everyone join it because there's really nothing else like it And I've been in crypto like five six years and just sitting in communities day-in day-out. So Yeah Yeah, one of the things about you know, just a kind of top-on Nick's point of view is The community is such about yeah, are we bringing amazing data and insights for people that? You know aren't located anywhere else sure but the community is where people get together They help each other that you have You know the different sentiment ideas fundamental ideas. We have short-term mid-term long-term holders But runs the whole gamut it runs from newbies to experts and everybody in between and there's just constant learning and teaching On the basics to the complex. So it's fun And I get I get at least one or two DMs a day Just you know, thank you for dropping that analysis. You taught me something new so You know if that is continuing to happen, you know, please, you know, show your appreciation to your community members in the TTC community We love to see people helping others. So, you know what Alex said and you know, it's it's a beautiful thing All right. Yeah, so that's what it is now. I wish we could talk more about it But we'll wait for the big announcement later. So that's what's happening, but Nick I know that you were talking about and before we get to because we want to talk about today real quick I want to go over some of these Price predictions that we had before and I want to reveal some other ones that I had as far as like bat storm X T fuel avalanche and silo before we get into that Nick talk to us about what's going on with the dollar and strength of the dollar and how that affects everything Yeah, so this was very interesting I was actually just doing an interview earlier when the June jobs report beat came out So the dollar is very susceptible to a lot of market forces right now Thanks to Jerome Powell and the Fed and the June jobs report is a very Significant or the jobs report is a very significant monthly occurrence that has been very you know It's been kind of under the magnifying glass due to you know The unemployment rate being high pretty much in your globe So the fact of the June jobs report had a beat meaning that it was that there were more jobs added than Predicted meant that the dollar was tanking a little bit because that means that the economy is heating up quicker Then potentially expect it so the fact and then I've been kind of beating the drum If you've been paying attention to trade the chain or even our chat that we had the other week Rob is that the dollar and Bitcoin have had an inverse relationship since the Fed meeting that was about two weeks ago yesterday So since the dollar is had had a strong weakening which was about point three percent Usually the dollar moves point one percent a day. It's significant So it moved about point three percent in about ten minutes Which shot Bitcoin up with a thick green candle near instantaneously now The very interesting part about this is I was talking about sentiment bottoming for Bitcoin and hovering around that 36 level And now that we've got this jobs report beat Sentiments has just begun to pick back up again and along with price and that we don't have the technical chart directly in front of us But you're in the TTC community You've been hearing me talk about this channel that Bitcoin has been in for no lie three days Bitcoin is just peaking out of that channel as we speak because of the dollar news So I'm considering this you know great going into a weekend that we Considered to be maybe low volume low interest because Americans are cooking hamburgers and hot dogs on the grill So, you know the fact that we've got rising price action on the Friday before a quote-unquote slow weekend on a weakening dollar Which we understand to be a strong Fundamental for Bitcoin as it stands today is really good news And it's already being reflected in sentiment and a sentiment if hourly hourly spike And I think is just about to tip bullish And daily is creeping up as well now both of those tip bullish before 4th of July weekend on a known low volume weekend We could see some some surprise fireworks a little bit early before Sunday You know what I yeah, I'd like to see some fireworks, but it seems like what is kind of moving sideways for for quite a bit of time I think it's gonna happen just throughout July not too many like I've said before not too much action But maybe in like a little August or September we can go forward, but you know, we will see exactly what happens So that is what is going on. Let's uh, let's talk about some price predictions, huh? See where we're at. So Where are we first? Oh before before I go into this I want to talk to both of these guys about this little This little snippet of information first of all it was just released that Gray scale will be adding Cardano To their list of tokens that they're going to be investing in so that's uh, that's a nice little snippet of information And I had just got that on an alert and when I came over here to staking rewards comm You see things like the percentage of things that are staked first of all I didn't know that Solana that you could first of all just pick this up not too long ago Solana could be staked, but you see like Where is it for total staked amount polka dot 62 percent 67 percent for Solana Cardano 74 percent But only 5 percent for Ethereum What does everybody think about the low amount of things being staked as far as Ethereum 2.0? It's a few ways to play that so my my you know Maybe my monkey brain is immediately like you know Ethereum is one of the most actively developed on networks and is an Ethereum You know for gas fees is very coveted and highly used And we do know that many of the competing L1s do not have the developer base or the develop or activity as Ethereum Staking may be a better thing to do with your coins considering age fees are cheaper So you don't need to burn as much or use as much of that specific currency And it may just be better sitting in a reserve for a rainy day Then it is you know actively used to run the network So you know and I consider that as neutral because there's a bull case and a bear case on either end of that Yeah, I can see it Alex. What do you think you think that you just gonna catch up as far as like staking goes Or you think it's just just gonna play in the in the background all the different things that are locked up and defy Let's do it that way What hold on wait Alex you're all you're all muted up. I'm so sorry so You know listen staking and defy is still going through it's it's mature growth period still You know, it's really only been let's call it public facing in a in a big way since last summer less than a year ago I'd say or just about a year and it's gone through its trials and tribulations so do I think it's gonna be important you did a great episode on Melt and what how that's kind of revolutionizing one part of say defy loans But then you have staking where you have some really massive incentives for people who get into certain state pools early in order to Become participants, but as as well. We also see have seen some problems in both those areas So I think it's so maturing. I think it's part of the most powerful utility That's crypto-facing right now though and the most evolving and I'm really looking forward to the product projects I think defy is just wrapping itself up into really important financial instruments for the everyday people We mentioned a while back that you know that a lot of the quote-unquote finance bros but it's very you know women dominated workforce now so a lot of the finance people are Finding defy and you know loving it because they just sit in that world You know maybe fixed-income traders are like, you know you can you're telling me I can get 9% yield of my USMZ And I'm sitting here trading bonds that are real rates are negative So these guys are like I haven't seen you know excitement like this. It's kind of the 80s for these guys I don't want to equate it to that because it was some some bad practices But we're figuring out new things. We're building new protocols and now the quote-unquote You know centralized, you know workforce is finding defy and bringing their takes and their knowledge and you know You know maybe you know further innovation to the industry as well So I think this it's a fascinating brackish waters to be in. Yep Gotcha. All right. So look a lot of get a lot of interesting things happening in the space right now Let's take a look at a little price prediction action. Shall we so let me bring this up right quick There we go so I've already talked about this we've had we've had Paul Barone from the Paul Barone network on we talked about this I had Mike the investor and James from the best dancers yesterday and we went pretty long on these different things but This one I want to switch it up a little bit I want to you guys just to take a look at these price predictions and just the ones that jump out at you that are like either Way the ones that you think are way off. I think those are the most compelling Cases so when you take a look at this right here, give me some Like what are the ones that just you jump out like what the heck is that? That's the most interesting parts well, you know, I'll start off the bat with one interesting things is Ethereum here now You have 8 to 10 K on that. That's that's interesting. It's You know that The number was was much like it was in the beginning of the year with a lot of people and the range where it would end up I Don't I don't know or you see you still have a full conviction on 8 to 10. I mean 10 was your original number. I Think there are some issues that have all been talked about in the Cardano and Polygon and all those accelerating Yeah, and like when we're talking about this yesterday, like they're like, why do you think it's still gonna be 8 to 10 K? Why do you think this could actually, you know, have legs and I and I've been thinking about this a lot Because there's so many different competitors to Ethereum, you know, we've got obviously Cardano We've obviously got avalanche. We've obviously got a tasos and the what I mean if you think that's gonna actually happen So it's the question is them. Why do you think this is gonna actually do this? and I think it really comes down to Not that it's so fantastic and it works flawlessly because we know that's not true But I think there's a narrative still around it and there's so much locked up and defy and you still have people like a Jim Kramer who like doesn't really know the ins and outs of crypto But he can push that narrative and when you push the narrative that really what drives the market, which is speculation in news So when I start to think about like when Bitcoin starts to go up, I think people who don't Maybe Realize some misgivings about about ETH and the different options out there of like that sounds good ETH It's the same people that Will go to coin basins and say why would I invest into a Bitcoin or a card or an Ethereum when I can just get X Y Z coin That's only you know pennies because that's me the next one But they don't know about the tokenomics and the utility and the team and things like that So I just think that it'll still go up just on narrative alone and who knows I mean it could be awesome I mean polygon that second layer solution could just be fantastic and knock out of the park Which I think it really does work pretty well and maybe just like how Bitcoin I never thought Bitcoin would be a currency and I was proven wrong with El Salvador the Lightning Network and strike and here We are so what do you think? Yeah, you know one I agree with you on pricing is a big mental hurdle still for a lot of retail investors, right? They always want to hold the whole one, but Fractional ownership always seems to be like they're getting lesser of something So that's that's still something the market needs to get over at some point but the Lightning Network on Bitcoin and what you've been covering with El Salvador and the transaction fees on that are I mean remarkable and I was just talking to a crypto hedge fund the other day Who's soul new fund is to invest in lightning projects for Bitcoin? So it's curious, but yeah, it's a lot of alternatives out there. I think so Nick So yeah, what do you got? Yeah, so I agree actually I very much agree that Lightning Network is gonna be what kind of brings Bitcoin truly to the masses quote-unquote We'll start talking about, you know, Satoshi's rather than Bitcoin. I think in the future People won't say I'm gonna transfer you X amount of Bitcoin. It will be I'm gonna transfer you X amount of Satoshi's What bitcoins value will be in the future in my opinion? But I think in the terms of Ethereum, you know and the one thing you're just gonna hear me just say because this is pretty much the only thing the market is gonna pay attention to Until and if it happens is the deflationary aspect of the IP 1559 Everyone is saying that you know if it is gonna be burned for transactions And if enough is transacted then there is deflationary pressure even though more Ethereum will be minted in perpetuity then you know the tokenomics become, you know a closed loop and You know, there's there's greater market pressures on Ethereum than just pure speculation and gas fees So I'm not saying that this is full proof and I'm not saying it's gonna 100% succeed But I will say that this will be the main Ethereum price driver up until EIP 1559 is actually implemented and if it actually goes through I believe it'll probably be a sell the news event But then you will see people start clamoring for Ethereum just based on the fact that Supply may be decreased and they can get on a hot Kind of sexy trade for the time being. It could be sexy sexy trade I'll get I'll get to zero hero to about the how's the storm max bag going in a second because we're gonna do a Little price prediction on that one, but let's follow up in the zero bag. I have a good one Let's follow up with the rest of these numbers What else jumps out at you guys where you're like that's way off or that's if there's anything maybe I'm spot on I like to hear that too, but it's always it like I said like we had like with with James and Mike We were pretty much in the ballpark. The only one that me and me and James differed from greatly was Ave I was about to say that. Yeah, and I'll be well friend first of all Alex did you catch it yesterday where I kept calling Stani Yanni? I Yeah, but yeah, like I think yeah the Ave one like James had it and James like a big bull on Ave And he thinks he's going to I want us like 450 bucks. Now is it? Well, I think I think Ave, you know, their their team is putting out a lot of New advancements with Ave. I think there's a lot to come from it There, you know, we've had some conversations with the Ave team in the past or some really sophisticated Instruments coming I think even you know more so even on the institutional side Especially when it comes to the borrow lens space So I think Ave definitely always keep a lookout for Stani or Yanni He's a he's a smart guy and is never gonna let anybody down when it comes to you know What comes out of his thought process when it comes to furthering it? I think you know, I'm gonna take a leap here. I know there's a lot of people in the community, but sell I sell I Have a tough time with the with the top half of that price range. Yeah It's Seller your I think you're spot on. Yeah, the cell the cell one is a little off Nick I'll get your opinion on this one. It was six bucks in January 7th. I thought I was going to 20 it went to 8 and Now it's back to it almost the exact same price and I thought maybe 20 or 30 but again This one I'm not too sure about I would put my probability at a 5 or 6 now because of first of all of Competition and then there's a couple of foot articles which actually James is gonna have Alex machine ski on today to talk about these things Which will be interesting My I just wanted to hop in on the Ave conversation because I think I think off You know so one that speaking to Ethereum developers and this is just really who I trust whenever Whenever, you know really talking about utilizing products because if the the core devs who you know end up You know contributing to the network don't use these products Then you know, it's a big red flag to me So the favorite product that I've heard about on on a theory to date by a theory of developers in Numbers is a bank and they've just done a really good job is being you know some of those the lower Legos, you know the DeFi Legos that I'm sure you've heard about and plenty of you know Twitter and Medium articles or whatever but yeah, they did a really good job being you know really bottom-run Legos So anything that gets built on top, you know You're probably using all the infrastructure and and for you know talking about lindy effect or the staying power You know ability to continue to you know live in the market You know, it's pretty hard to rip out existing infrastructure in the place that we just think about a building So I'll be able to likely be here a very long time as long as they continue to develop and innovate For the time being and not gonna lie You know we get you know if the bull market really gets hot again like the DeFi You know summers have had this next time around with a lot of what obvious already working on and has come So that's gonna I may I may say that may be the one that gets blown out of the water potential Yeah, we'll see we'll see what happens. Here's a question from stone 420 stone 420 Rob's, Sydney, maybe I can chat help out if I went out of Theta Change that to Bitcoin or USDC. What do you think Alex? Oh? I try not to get financial advice But if I take out of a position personally on my own it's to and I don't have a trade readily available I moved to cash. That's my own personal opinion. Yeah same way I can't get financial advice not a financial planner financial analyst or anything like that It's just financial opinion, but if I'm gonna get out I'll just tether up as they could say it or USDC up and then go from there Nick What do you same thing or got something different? Yeah, if you're uncertain, you know I always hate to if you are bullish on crypto and you believe that there's going to be another alt season then you know If you're moving, you know, you said that what I always ask people is when they when they give me these kind of questions I just return it right back and say why would you sell theta? You know they just add just look in the mirror and say why would you sell theta? You know if it if it is because I am scared about a further drop Well, do you need to sell by August? Do you need to sell by September? You know what what kind of cost basis were you looking for and what was the original time frame on your trade? You know, I you know sometimes you have to cut losses But sometimes also selling to incur a loss just to go into another asset that may also be wonky is not always the best decision Either so if I am truly scared I'll run into the dollar because it's going to be the most stable and at least in the short term But if I am if I picked a trade because I wanted to hold it for a year And I wanted to go through the cycles as I as I plan for then I will not cut losses You know even if I am down a bit. Yeah, that's a good one Yeah, why do you want to sell it? Do you want to sell it because you need money to you know pay for a new muffler on your car? All right Well, that makes sense you got to do those things But if not if you don't really need the money then just ask yourself why am I selling all right? Let's so those are pretty much it's not it's not earth shattering there's some some some are pretty conservative and some are a little bit a little bit high and some From what people have told me in the chats are like super low and look I'll go on the underside every time as much as I can because I don't want to be the moon guy or the moon boy And then the like everything's going up to the moon. Look, it's not gonna happen I think some of these are gonna fail and that's just how it goes And that's just how we do it investors. Are we investors or are we just out there just gamblers or are we both? Any most venture capital funds lose, you know, you only hear about the winners We got but there is a lot of funds that lose so And see this is this is that's a good point because this is what I always think about like when I'm when I'm talking about these things people Like why do you have so many tokens? I'm like well first of all I shouldn't have so many tokens because I did the same thing back in the day when I just bought a ton I consolidated I only had in 2018. I only had like five I had five tokens and that was it then all of a sudden we ballooned into this other thing But most of these were just like super good deals I couldn't really pass up But here's what I got as far as like a price prediction for these other ones and I'll reveal these other these other parts when I have Different people on later on and I'll reveal those people later, but this is we talked about this yesterday Solana polygon Swiss board Iota and BTT and James who is really conservative guy He was even more bullish on Solana than I was and that's at $200. What's the price? I mean of the price day for Solana? I Mean Solana's just Solana has a lot of great news that It's been snowballing Momentum with since I would say the last eight weeks. Yeah, really, you know, I mean it's a force to be reckoned with I think it's a lot of people are paying attention I think a lot of people have gotten through This space this part of the crypto space because of the Solana news and hearing about it I got to tell you guys a price. Look at this. I can't pull it up on my phone, but on January 8th No, January 6th, it was under $2 and it went all the way up to 52 and I want to say April now May and Now we're back to 33 so That's advancing on Solana. Yeah, knock down. Yeah And so this is a this is a funny and I kind of wrote about this concept in the newsletter that we put out every Monday for TTC it's you know, Andreessen made their 2.2 billion dollar crypto bets and You know, I said if you just want to look for the likely winners in the crypto market Just keep track of whatever announcements they make, you know with the keyword crypto in it So because they're they're probably not gonna lose a whole lot of that 2 billion I would expect so with the same thing with the Solana Alameda research, which I consider to be kind of the Andreessen of crypto at this point And they're they're the head of that the research group who also owns the FTX exchange Sam Bacon-Fried Was tweeting very heavily about Solana when it was sub $3 and that's what Because when guys like that are showing strong conviction publicly, you know, I called them the transparent whales If the whales are telling you where they're moving You know some they're probably gonna screw you in the end, but but ride the wave until you until you're you know Comfortable so I saw him talking about it and I recommend you know Follow some big guys like that who really know what they're talking about and keep track of what they're talking about because if they're talking About it and many others will on the heels of that So that's just a good kind of fundamental analysis to kind of just sanity check some trades or some interesting stuff like that, too Yeah, that's a good point. Yeah, it's interesting about what'll happen. So like that I mean for Solana, that's what we had on that one and then I would talk about polygon because I thought you know, second-layer solution even if even if Ethereum blows up. I mean, there's only so much it can do so much only through Throughput transactions are TPS is transaction per second. So I think polygon will still be used Moving forward Swiss Borg. I like the team like the people. I think that's a lot of and there was a story yesterday about Germany Being able to put X amount 20% of almost like half a trillion dollars into crypto Not that it was gonna happen not but it could if it was so, you know, people so went forth So I thought well the Germany's talking about this Then maybe start people in Europe will start talking about more about cryptocurrency more people talk about cryptocurrency work And they turn well a Swiss pork something like that and then went to Iowa to BTT I'm not gonna bore everybody with that one But Mike the investor he's real big on BTT. So I was like I will see and he had a good point about what's going on So we'll see but here's the new ones Basic attention token. I just think in this world of in a world of where we Where we of where we just need a little bit more privacy and we don't get paid for our true value at least in one Aspects we can go and use the brave browser turn on those rewards And actually get paid to surf instead of like all our data being sold out to everybody So I know like we have a supply of 1 1.5 billion the all-time high was a dollar 55 So I thought to myself well Who's to say it can't double up by the end of the year, you know, and then I think it's still on the top 50 So why not so I put three dollars Anybody what do you guys think any first of all does anybody own basic attention token on this panel? We'll start there. I I don't and I don't you know, listen, I think it's a great concept With the browser and I know there's a lot of my counterparts said and colleagues that use the brave browser I don't use it As a primary browser because I do find issues where it'll block Entrance into some sites that shouldn't be blocked or everyday sites that maybe I use for working crypto and stuff like that So I I don't use it and therefore I don't collect the passive bat Income that you get for doing it. Yeah, I between Before I get to Nick before I don't do it either because I feel like my time is more valuable these days So I just turn it I turn it off, but I know some people are like well I mean I'm surfed anyhow. I got a you know, they're used to it. So that's it Nick. What do you got for this one? Yeah, so I don't hold any mainly because it's not a I don't use the brave browser unfortunately Everyone keeps telling me but Google Chrome has not hurt me too bad So it's it's tough to move for me But it's one of those coins that I think is always gonna have a great fundamental bull case Especially for new entrants, which are going to be needed to probably likely, you know, lift price higher again And it's very susceptible to social chatter because of its connection to ads and the break network and stuff like that So anyone who's coming into crypto or it doesn't know much about basic attention token or brave browser It's immediately one of the quickest things are in terms of currencies or tokens that clicks for you in terms of utility Like that that immediately makes sense and it's like, oh my gosh, I kind of understand this whole tokenomics thing You know to it to a decree But that's why I think it's always going to be you know hot one in terms of sentiment or focus because it's just got an easy Easy-bowl case. Yeah, easy peasy. So we'll see how wall Seattle works out and the next up is fan favorite storm x I like what Simon did. I like what Simon did yesterday with the recent announcement that the Portland Trailblazers are gonna be Partnering up with them had a little logo on their on their jerseys. Hopefully they can do you know good next year Maybe make go deep in the playoffs, but the supply is high. It's it's 10 billion, but it's actually one of those rare apps rare Crypto's it actually you can use it right now and actually do things with it So that's that's pretty big to me. So the all-time high was 20 cents and I thought All right, 50 cents is in the cards as long as they can do a couple of things keep pushing the marketing And if they could just get Walmart back because I shop there all the time That's the big thing and I think that's that's one of the reasons why it actually dropped because once they lost Walmart You can just see like as soon as the announcement just comes on kind of went down But I mean I just like I like solid teams they've been in the game for a long time and Again, it actually has real worse real-world use utility I go gone and shop on different websites little thing pops up because I have the I think you can see right here My little storm x guy. Whoops And then and then I get jerseys are so cool the their logo there with the Portland Trailblazers I mean, that's a cool-looking jersey. That is a cool-looking jersey. I like the jersey. So To sport one on his next market analysis. Yeah, big fat cent token right in the cap Stormax Stormax and cent so so so Nick. What do you think you think that the price is way outside the rumble possibility? Or do you think do you think it can hit that 50 cents? Oh, you're on mute. Oh Oh My apologies there so so I think so a The Portland deal is great because I think Lucas Bradley commented who like we said yesterday pops out for just straight up golden nuggets Then goes back into his old plays more video games or whatever else he does But he mentioned, you know, that so Portland already has kind of the X that that is part of their symbolism for the town Stormax is you know has the X so it fits very well in terms of just you know fitting in within the town NBA jerseys get a lot of attention Kids love to wear them I think I don't want to say that that contributed very much to bumbles success as well amongst money on Gen Z That was a great deal for them too. So along for what ST there for what STMX does I mean, it's a consumer token You want to use it to get rewards for making purchases and spending money having fun with your friends It just kind of encompasses all of what the deal is I think in connection to basic attention token STMX does the same thing I get what it does in 30 seconds You do not have to you know Could draw a diagram on a whiteboard for me to understand that I get rewards for spending money And then I can use that storm X to redeem rewards and do other things as well. So that is very easy There's a great connection people already use it in the context of Groupon and you know other kind of reward sites Like Rakuten, I think is a big one now to doing things a bit differently But people are familiar with this model and I think storm X will do better for their already Connection and low barrier of entry to the consumer as well as the great partnerships They're lining up So I think in terms of a company a crypto company doing what companies regardless of the word before company do They're doing it right so and that wasn't the best way to say it But they are acting like a full-fledged company rather than a crypto shill Yeah, I can see that makes sense and then it's all about execution if they can keep Executing and actually make good strides. I think do pretty well this year that the sense maybe I'll see what it is But I want to connect or correct that real quick So bot is not a part of the grayscale ETF fund They have filed to retain a fund name that does not mean that there is a fund sitting there It just means they have the rights to one should they want to start one No, that's a that's a great observation a lot of people they make that the wrong distinction So people search the Delaware records for grayscale. They love to they love to see what they're registering for companies Out there the the fact that they register one does not mean that there is one it means that they're taking the Name rights away from another company that may want to come in so what it does mean is it may or may not Radar, but you need to wait for a form defiling with the Securities and Exchange Commission before that materializes any further and so to Nick's point But people just need to make the distinction between a formation in Delaware and a filing with Edgar and the SEC That makes a lot of sense. All right. Thanks for putting that up. That makes more sense. We owe great Let's see if they pick it up and then go from there All right, so there is this and then What else we have let me pull this up Rounding out the last pieces t-fuel a vax and silo so t-fuel I but I'd said this before T-fuel on theta if you don't know it's kind of like It's like the gas. It's like the the currency and is exactly what we What creators get paid for on the theta network and what I like about theta the token itself and the Platforms that it's not competing with Google is working in conjunction with it to cash all these different Streaming services so people can stream in like a 4k 8k million k or whatever else comes up, right? Because the bandwidth is super expensive. That's why I like about theta so t-fuel I just think is you know is just their their currency that they use to pay for everything so Mainnet 3.0 got launched yesterday They can to make it steak is pretty easy We talked about that and it's that It does have a heist you know what it doesn't we have a heist of plan It's a 5.3 billion doesn't seem like too much of a for a currency in a whole ecosystem 67 cents was all-time high. I don't know the price today. What is it 40 friends? Let's see. Yeah, 40 cents roughly and I think you go to a dollar or two anybody Anything We've covered this in the past between theta Go ahead. Sorry. Oh, no worries We've covered this in the past between theta and t-fuel and for a lot of people you know that that don't know we cover basically the two token Engine and what why they have two tokens, but here's the question that I have for you since you know, you're you're Very familiar with theta TV and the whole project is why would you be more bearish or I'm sorry more bullish? Say t-fuel over theta or theta over t-fuel. What what in your mind? Maybe from a supply or or use makes you lean one way or the other if any No, I mean, it's it's not like it's not really much of me going one way other than going You know what t-fuel is gonna outpace theta or theta is gonna outpace t-fuel I just thought they would both go up especially with the main net launch It just happened and I thought that because the big the other big thing is people like they like Multiple streams of revenue and they like passive income and everything that we can do to make it's like easy to actually Get more t-fuel or more theta. I think people will go into it So like with that when they did the upgrade Makes it a little easier to stake Your your theta to get t-fuel or your t-fuel the more t-fuel But another thing that they added also was because some people have issues and I've even had issues with my with my nodes When I do when I did the staking with theta now in the wallet You can delegate to members of the community and you can just do it It's almost like a stake pool in Cardano and you can make you can make up t-fuel that way So I thought well if we're gonna do something like that I could see where people would want to get into it more and just stake it hold it price goes up blah blah blah that type of thing Yeah, okay makes sense. Yeah, why not? Nick what do you got for t-fuel or first of all Nick do you hold any t-fuel or you don't do you hold any theta? No, so this is one of the projects that I kind of regret ignoring, you know ever so back But you know some of the winners that I've had it's hard to you know hold those regrets So I'm actually not very deep into theta or t-fuel or the entire ecosystem So I'm gonna go ahead and bow out for some fundamentals on this one. So thank you guys in a great job No, thank you sounds like a plan. All right, so we got that one. Let's take a look at Last two here. Let's see where we're about there we go Avalanche, I don't know what man. Have you seen the team for avalanche? Yeah, a vax is is is pretty good. I mean there it's a very impressive team I think a vax is another one of those You know Another one of those chains that's really making moves as far as an alternative to the ethereum main net So I'm curious on where a vax is going. I think they have a lot of promise they started off very small and you want to talk about price the price grew rapidly you see $52 all-time high there Yeah, currently love but the a vax team is strong, you know and and not only that unlike some other Competitors that there's are alternatives to theirs. They actually have things that are Working on and being built on and executing on so, you know, it's active Yeah, I mean, I think it's like that like I always say invest in the people so when I look at this I'm like, I mean gosh, I'm gonna do a deep dive into it I'm gonna have a couple people from avalanche come on the show and just talk about you know What the plans are how it all came to be and I mean look $32 for an all-time high and then what are we at today? For price-wise is it still three three bucks? See here. I got 1077 as Oh, wow Yeah, I got 10 dollars you be $10. So like I mean something like that I mean why there's no reason why if first of all it couldn't 5x to its original all-time high and then To go beyond that so I don't see $75 is outside like I say outside the realm of possibility, but that's just me Yeah, I think so for the the L1s I think narrative is very much important and I think you know You're seeing Solana do the right thing and they're just basically copying the EOS playbook of 2016 2017 here You know, how about I have billions of dollars in your coffers launch Multiple multi-million multi-ten multi hundred million dollar funds make them globally stick them in every single region on earth Talk about them constantly launch You know partner with other funds to launch, you know Institutional grade trading, you know, whether it's trust ETF or whatever So they're just doing the right playbook and it's and it is unfortunately What Jim Kramer was just talking about on CNBC with a lot of these new IPOs is you have to have the narrative retail Has to hear about you and they have to be kept up with you for your price to continue to appreciate for you to see the darling token So I think what abax is doing currently, you know going on Rob show starting to make some waves do some partnerships But I think they definitely need to pick it up a little bit in terms of you know Taking the playbooks of the previous winners And copying those to make sure that they stay in Main State because in terms of the L1 race We've got Ethereum, ADA, Sol, Polkadot, Avalanche, Tron You know the XTZ Iota is even one so I mean we've got a lot of competitors and the ones that we constantly hear about the ones that we still talk About to this day are the ones that are launching funds working with institutional crowds and really making developers work So I think they're making developers work I just want to see their their their finance teams start working with making partnerships and Continuing to grow the ecosystem that way as well Yeah, I mean it's it's a good point like I always do this the same example It's kind of like the great restaurant down the street that nobody knows about like oh It's got fantastic food and it's it's just the greatest of all time and blah blah and you're like I'd never heard of it And I don't know I'm not gonna go You got to go to the local reporters and say hey, I got you know come try I'll give you a free meal You know that's sometimes what you got to do you got to court them so yeah, exactly so I mean This and but this is this is a great example of like where and we've all seen those those like memes where it says it'll say like Bitcoin at 10k and there's like nobody in the line and then on the right-hand side It says Bitcoin at 100k and there's like a thousand people over there Just wait just clamoring to get it and this is the whole thing about like why We do these things and we do these price predictions and we talk about things right now because this is where all the Unfortunately not financial advice blah blah blah, but this is where all the money is made right because I mean in my opinion I've made I personally have done very well Just dollar-cost averaging when it's boring and nobody cares about it and all my friends are laughing at me Calling me a moron because I got into cryptocurrency and it went down, you know, so like 70 80% I'm like just wait just you wait suckers And I want to bring it back to the community that we talked about in the beginning I've seen so many members just pop out of the woodwork and be like, you know what I'm done buying more here You know dollar cost average. I've been you know, and they've been like been doing this once a week for that since mech And they're like, you know because of this I'm feeling pretty good about myself because I didn't put it all in one price and I'm feeling good every single buy and we're Ancient higher a little bit a little bit So maybe at least referencing Bitcoin so you know a lot of people are star doing that and they're publicly doing that Which is a good sign. Yeah, man. That's that's just what it comes down to I just think it's just good practice, you know, and then I gotta tell you I gotta tell you I'm pretty good at dollar cost averaging I figured this all out the thing the big thing is and me and James talked about it yesterday me and James and Mike was The exits did some important It's even more important that you have you know your dollar cost averaging But it's even more important that at some point you take those profits And you don't listen to the diamond hand folks who said that you can never sell what's for that's ridiculous All right, and then to finish this up and we get out of here silo This is my one of my pet again the restaurant on the street that nobody knows about silo is And it's so the circulating supply is 2.8 billion. It's got a max supply of 10 billion That's one of it the things because it's an ambitious project It's it's a project that you can get you can download right now on your phone. It is like It is what's that? It's a real WhatsApp because it actually does Yeah encrypt all your messages even your videos. What's that doesn't I mean it says it does that but in all honesty I mean, it's it's a subsidy of Facebook. So, you know, they're still all your stuff So it has that aspect It also has like the Venmo aspect where you can send money or crypto in this case to anybody who has a silo app And then on on top of that it's also like Filecoin where you can store data and all your different Files because it has decentralized file sharing capabilities It's got a great team, but the thing is no one knows about it. So I think it's ranked I want to say it's between 750 and 850 somewhere down there It's also a layer 2 solution, which means that it may not be as susceptible to Ethereum's You know tightness in terms of transactions. Yeah, but you know what it does like I mean think of like But so like the layer 2 solutions and you know the tightness and everything else like polygon if what I understand It's pretty fast and how it all works and I know like Lightning is supposed to be lightning. So I'm hoping that'll work out like that. But again Only time will tell but I got it as as two cents because I thought well it went to point zero one almost one and a half cents and The price today is a fraction of a penny. So like why not two cents? What do you guys think? So I think the price protection is not too far off. What was the what was the previous high? It was a right around zero one. Yeah, just over a cent. So You know, I think if it catches fire, it's certainly one of those things. I mean, it does have a lot of Available supply. What is that 10 billion? And it looks like it only looks like a 25% are currently circulating So my only worry is just watch the distribution of the token supply If there's that many that are not out there to this day Then they there could be, you know, it's basically a supply squeeze in the short term Which could reach your number but then back to the profit taking is when you see that many coins outstanding Definitely take your profits when you can until a lot of supply is the least Alex we'll finish up here. What do you yeah? I think I you know listen aside from Supply because I've never just I've never just paid attention to that and You never know where demand or FOMO is gonna come in but if you go to you know, the utility functions I think there's a lot of different really fantastic things That you can do with this and so if there's meaningfulness behind it then the price action will follow Yeah, it makes sense and this is a good a good comment from stone Yeah, Lucas it was ridiculous at time with theta main net 3.0 launch Katy Perry releases an NFT on the theta Marketplace and the price drops. It's but it's the same thing with Bitcoin everything else We have nothing but good news and then down it goes Who knows there's a lot of different factors. Some people will say it's manipulation Some people to say it's profit taking some people to say that things are just overvalued and then also You have to take a look at the technicals, but In the long run, I still Still see a pretty big year for a crypto, but again, we'll see what happens in the end time. We'll tell Gentlemen, thanks for coming on I've been here a solid hour. I think that's yeah Yeah, right so so that's it for today and everybody You can find Alex Masculi at the Alex Masculi channel that's in the links in the description Nick and you can find him at For Twitter at Nick Mancini, right? Or is it at Nick Cini and I see K see I and I see I and I and then you can book them for all your different Podcasts or quote them on any type of publication that you might have he's in demand. So Don't hold your breath Getting him and that's it for today. So everybody. Thanks for stopping by we appreciate it And we'll give you an update on the announcement whenever Danish gets out of that awful tropical storm Hurricane purgatory hurricane purgatory adios everybody. Thank you later guys