Token Metrics Daily Podcast
Listen to the Token Metrics Podcast for insightful crypto market analysis, the latest news, and trend forecasts. It's your go-to source for staying updated in the dynamic crypto world.
Token Metrics Daily Podcast
Top Crypto Altcoin Tier List for August 2023! Top August Picks!
Are you ready for a deep dive into the exciting world of crypto investing? Buckle up, because we're taking you on a journey through the ins and outs of cryptocurrency, using the powerful and intelligent platform - Token Metrics. From our captivating podcasts like Token Metrics Live and Crypto Minutes to our innovative Token Metrics GPT chatbot, we ensure you stay informed with everything crypto. This episode is not to be missed as we break down five hot coins, including World Coin, XRP, and Curve, and give you our predictions on their potential performance.
We shift gears and zoom in on the top performers on the Token Metrics platform. With detailed examinations of their trader grade, trading signals, and tokenomics, you'll gain invaluable insights into what makes a successful coin. We discuss how you can use our filters to optimize your experience on our platform, and hint at how you can make the most of our one-week free trial. And yet, amidst all this data, some projects like the Orbs protocol remain elusive - we delve into what this means for investors.
As we hit the road, our tour takes us to some of the fascinating tokens available on the platform, including Yield Guild and Enzyme. We dissect each token's fundamentals, tokenomics, and risk factors, unearthing potential high-return investments. Our expert analysis on tokens like Game Swift, Matic, and Helium is sure to leave you better equipped for your crypto journey. We wrap up with an interesting take on Evium-compatible cross-chain Dex Dynamic Smart Contracts, Cascadia's Neosybernetic Blockchain Platform, Deep Bank's Web3 platform, and Arcam's blockchain optimizing protocol. Plus, we raise questions about the ethics of token supply, using Bitcoin's popularity as a case study. So, are you ready to maximize your crypto investing prowess? Tune in and let us guide you through the world of Token Metrics.
Crypto presents exciting new opportunities for the investment-minded, but it's also volatile and accelerating in complexity. That's why we created Token Metrics, an intelligent crypto platform backed by an industry-leading combination of data, ai and media that feeds optimized portfolios to crypto investors. Featuring Token Metrics ratings to help you find the best investment opportunities in real time. An indices page that showcases various model portfolios and deep insights into price predictions and technical analysis. A dedicated NFT dashboard that evaluates NFT collections and assets by our machine learning algorithm to find the most profitable and secure NFTs across all available blockchains. Plus, with access to Token Metrics TV monitor 24-7. Exclusive crypto news and analysis. Whether you're a first-time trader or a seasoned crypto investor, you can stay informed and in control, backed by your all-in-one crypto companion Token Metrics. Hey CryptoFab at tokenmetricscom.
Speaker 2:Hello, I'm All right. So if you want to know where Bill is on obviously not financial advice as usual definitely tune in. We do have the Minty code available for those who want to engage with this presentation. Just go to mintycom M-E-N-T-I dot com. Use the code 65078739. That's 65078739.
Speaker 2:Follow us on social and we've also launched several new podcasts. This is something we've been planning to do for a while, so we have podcasts for the live stream called Tokametrix Live. We have one for Deep Dive, we have one for 100X Show, we have one for code reviews. I believe we also have crypto minutes. We're just getting short sound bites under a minute on crypto. So we'll have the former page up shortly, but just want to put that out there. And then also wanted to mention we now have the beta for Tokametrix GPT available to all users. Even the free plan yes, even the free plan now can try out Tokametrix GPT and to sign up, just go to Tokametrixcom. If you already have an account and you also want to upgrade For a limited only, we're giving 25% off If you use a coupon code Tokametrix GPT all caps, no space.
Speaker 2:That's Tokametrix GPT all caps, no space to get 25% off. So definitely take advantage of this right now, if you have been waiting to get back in the market and to leverage our AI and our chat bot Now. For those of you who are not familiar, let me just pull this up here real quick. But basically this is what the chat bot looks like, just like chat GPT for crypto, and we're slow. So if you don't wait for the live stream for us to cover this, you can now use it directly on our platform. So right now it's saying the next 100x coin not financial advice is IoTeX. Ok, very interesting, has an investor grade of 78%, but anyway, just want to put that out there Once again. Use a coupon code, tokametrix GPT, to get 25% off. All right, back to the stream, so let's hop straight into it. You can just scan the QR code here. If it's easier for you to pull the mentee code or the mentee page, all right, so let's hop straight into it.
Speaker 2:Web 3s Can you guys technical issues? Can you guys hear me? Just let me know in the chat. All right, ok, I'm back. Not sure what's going on here with YouTube, but anyway. So Web 3 says I've been testing TM GPT. It's been really fun, good to have you here.
Speaker 2:All right, so, yeah, not sure what's going on, but can you post it if there are any issues with the stream? It seems like it's back now. All right, so let's hop straight into it and go into coin of the week, all right? So, ok, let me just double check to make sure there are no issues here. It seems like some people are having issues. Ok, yeah, it's fine on my end. So testing testing 1, 2, 3. Ok, yeah, it's fine on my end. So testing, testing 1, 2, 3. Yeah, not sure what's going on, but anyway, we'll just keep on going with the punches.
Speaker 2:All right, so let's hop into coins of the week. So this is actually trending coins of the week. So we're taking all the different coins trending on Twitter on token metrics on different coins. So now for those of you who know the whole tier list, let me add that now, if I can go full screen and I'm actually going to go through these coins and give you my thoughts on which ones I think will do well. So the tiers we have are A tier kind of like in grade school A, grade B, grade C, grade D or F. Is that a dud? So the coins we have are optimism, we have curve, we have XRP, we have XDC network and we have world coin. Ok, so do it beforehand. But we'll go through and just look at all these coins to see what we think make the most sense. So just give me a second. Here I'm actually going to the chatbot. Let's see if the chatbot can give us its analysis on these five coins. So we'll say compare these five coins based on. Tm.
Speaker 2:I'll say TM trader grade and TM investor grade. Oops, ok, I was still typing. Ok, let me guess not what I wanted. Ok, all right, so let's see what it's going to give us. Yeah, not sure what's going on with the stream. Everything was fine during testing, all right. So the five coins we're looking at world coin, xrp, curve, curve had the whole fiasco this week. Now the founder basically is selling or being liquidated after the whole. Uh, xdc network has a T Trader grade of 79%. Tm investor grade of almost 60%. We've got XRP with a trader grade of 70%. Investigator 75%, almost. Curve Trader grade of 10%. Curve is a dud right now, not an ideal to trade with a whole hack thing happening. Then TM investor grade of under 60% All right. So let's now actually dive deeper into all these directly on the platform. So let's see what's happening with XDC network. All right, stream is freezing. Ok, we'll have to just keep on going with this. Unfortunately had the same setup. Not sure why it's having issues now.
Speaker 2:But anyway so we got XDC. Isn't a strong buy up? Almost 40%. Trader grade of 87%. Ftvo 3.1 billion About a third of the tokens are liquid and if we go to this chart here, it turned bullish July 18th and it's been trending ever since. And this signal, while accuracy is not that great, has a higher ROI versus holding and the return ratio is pretty high. So something's happening here. Now I don't know exactly what's happening, but let's pull up the website and their Twitter and see if we can find out. So it says enterprise-ready hybrid blockchain for global trade and finance. Ok, so it's a blockchain for enterprise, and I haven't really heard too much about this. So let's see here Enter upper-broad blockchain network for global trade and finance. They compare it to Bitcoin and Ethereum. They're going to have higher TPS. Who doesn't? Ok, so basically it's an L1. Let's see what's happening here. I don't need this. Ok, so they have 100K followers on Twitter. Ok, so quite the audience.
Speaker 2:Ok, saying Dauphin, a big step towards decentralization of ecosystem development. That was back in February. It's like there's some conference talks. Yeah, I'm not really seeing much. It seems like it's pumping as a trade. All right. So we have XTC. Then we also had Optimism.
Speaker 2:This is a crypto favorite, although, while good in technology, the tokenomics are not the best in my opinion. So I think this is more of a coin to trade, not so much one to hold a long term. This is about as of July 16th and, looking at this, let's see here. So just give me a second Holding versus trading. This doesn't really make sense. It's basically the same thing. So I guess if you want to hot out this, you probably will just hot out this. All right, so I want to go through all these tokens. Once I go through all these tokens, then I kind of placed this over here, but actually let me do this now, maybe easier. So Optimism, because if you go back, it is in the buy creeping up. But would I put it, maybe we'll put this in the CTO in terms of trading this for this week.
Speaker 2:We had mentioned XTC. Honestly, let's put this in the B for now B tier for now because Trader Grid was very, very high. Now if we go to the XRP, let's see what XRP has to say. Trader Grid is in the buy 66 billion FDV. I don't really see much alpha in that. It did turn bullish but it's been going down and XRP just has not made money, whether you're holding it or whether you're following this trade. So don't kill me, xrp army, but I'm going to make it for this month. Things could always change, but right now things are not looking good. I think the money was being in XRP before the whole SEC news. Now that is over. Right, buy the rumors, sell the news. So it's time to sell the news. So apologies, xrp army.
Speaker 2:Now if we go to curve, curve, finance has basically been collapsing. It's on the brink of yeah, like this is strong sell Two billion dollar FDV. If we go to the price charts, okay, I'm sorry, give me a minute. Yeah, strong sell. So strong sell on July 26. When it was at 73 cents, it's currently at 61. But this actually go to because the crash has happened in the last week or so. Has it bounced back? Let me see, because I thought it was down a lot more than that. It was at 83 cents before that, but I don't really think anybody should be in curve right now, so we'll put this in. I think XRP is better off than curve, so we'll do it like that.
Speaker 2:And then let's go to the all favorite, the one that's trying to scan your eyeballs and put your data on chain. So that is world coin. Now I don't think we're going to have much data on world coin because it's a new coin and we typically need 100 days worth of price action for the price. But let's take a look here. Yeah, so not really much we can do here. Fdv 22 billion this is straight up VC Ponsonomics. So it's a $10 billion supply and about 120 million tokens are circulating. So there's going to be a lot of inflation here that it makes no sense to really get involved, in my opinion. So it launched at $231, went to a high of $243. I'm surprised it's not down even more. All time high was $3.33. All time low was $1.66.
Speaker 2:Would I trade this? I see I would not, but right now we don't really have much data to go with this. If I had to choose to replace this, I would say I would put world coin over here. So kind of basically curve. I give it an F, xrp, a D world coin, a D, optimize them as C, but too much inflation. So I think the coin of the week I'm sorry the coin of the week out of the trending coins right now, xdc network. Now I don't know about the long term value of this token, I'd have to do a deep dive on this. But I think if you're trading it out of everything here, this makes the most sense as a trade out of the list we have here.
Speaker 2:But let me see what the audience says. Oh, wow, the audience is with XRP and optimism. Very interesting. But I mean, xrp has not made any money at all, right, so I'm not necessarily sure why people would be bullish on it now and there's not really any new fundamental catals happening to my knowledge, unless somebody can let me know in the chats. Then optimism it has great technology, but I don't think it's going to have any big returns in the next week or so. But let's check in the data we're doing here. Somebody says new coins are going to bring because returns, not coins from last full cycle. Yeah, I agree, definitely agree. Tiger says if Casper turns out like Matic, it's going to be a big bag in the next book.
Speaker 2:I'm not cycle and he did over 100x. Very true, sometimes projects need time to develop and go to market strategies. Yes, very true indeed. Okay, all right. So let me know what you think about coins of the week.
Speaker 2:Let's now move on to the next segment Top five coins using the token metrics platform. So this is basically top five trade. A great Now, I've already done most of this ahead of time, but you can definitely leverage the platform even with a free account. Just go to token metricscom and use a coupon code token metrics, gpt, all caps, no space to get 25% off. Do it now, before the coupon code expires. All right, so top five coins of the week. So let's drumroll, please.
Speaker 2:So the coins we have actually, I think we made us top six coins of the week because during the middle of creating this list, the grace updated and then a new token was added. So we have enzyme, which used to be mill and port, we have gains network, we have roll bit, we have Leo, we have yield guilt and we have orbs. So if I actually go to the platform, I'll show you the filters I used to create this list. So now for this. You do have to have a paid plan to be able to customize the ratings page, but we have a free trial for that for one week. So just come here, customize. The filters I have are Trader grade over 70%, change in 24 hour, trader grade over 10%, trading signal bullish and trading volume over a million, and then the rest is basically market cap filters and then I'm sorting this based on what has the largest increase or change and trade a grade in the last 24 hours. So in this order we have Leo token, we have yield guilt, we have orbs. So Leo is currently a strong buy, although it's down 24%, not sure, if that's accurate, but signals have been bullish on this since June 21.
Speaker 2:At $3.57, currently at $4.05. Not much accuracy in this trading signal, though, so not sure I would be bullish on this as a trade. So for now we're going to put this on the. Where is this? I'll put this as an F, maybe C, I don't know why is this not? There we go. Actually, I put this as a D D tier in terms of trading this. So let's move on now to yield games. Oh, strong buy 84% trader grade. It's up almost 20% in price. Trader grade is up 5%. Fdv of about a quarter of a billion Tokonomics are not the best.
Speaker 2:This has the ponzionomics, so you have about 80% of the supply. That's going to add inflation, that's a tax you have to factor in for the long term, but it did turn bullish back in on July 23rd. Trading signal is not the best, but it is better than holding, because if you held this you would have lost almost 98% of your money, but from the signal you would have only lost 65%. So it has been a rough bear market for this token. So as a trade, I would say I'll put it in the B tier for now, because $250 million FDV is a low cap. Tokonomics are not great for the long term, but as a trade it won't matter too much. And the fact that it's up in price and is trending in trader grade, I think that's a pretty good sign that something is happening.
Speaker 2:Ok, let's go to Orbs. Orbs has a trader grade of 75%. It's in the buy FDV of $270 million. You have about 70% of the tokens have to hit the market, causing inflation. It turned bullish on July at 2 and 1 half cents. Hasn't really moved much. It's down 48% in the last one year, but this signal is pretty accurate. So well, not accurate, but there's lots of alphandists. So, over 14 trades. If you hold this, you would be up about 240%, but if you follow this signal, you'll be up about 1%, which is good. So to your ratio over 2. So actually, let's pull this up. This was an L1 from back in the day, I believe, and we know L1s have been doing well in the industry market and even historically, whether it's CASPA as a proof of work coin, whether it was Kanto as an EVM or Cosmos.
Speaker 2:Ok, let's see Orbs making your smart contracts better. Huh, why is the site not moving? Do I have to click this? Ok, yeah, what is Orbs? Orbs is an open, decentralized and public blockchain infrastructure executed by a secure network of permissionless validators using basically, it's a proof of stake blockchain. They're calling themselves Layer 3. They're doing smart contracts. Not sure if they're just making up new stuff, but let's actually go see what the on-chain data tells us. Just want to see if there's any growth on this blockchain, because I haven't really seen much on-chain data on Orbs. Ok, sorry everybody, let me see if I can close some of the screens. Not sure if that's the issue.
Speaker 3:OK, hold on, Let me just close a whole bunch of windows.
Speaker 2:You should play some music. Let me close. Let me just switch it on to beat. Ok, so hopefully that did something. All right, ok, so we said Orbs protocol let's turn this down. Oh, wow, no data on this. Let's try doing analytics. I think Orbs took an analytics, but I mean it doesn't seem like there's any data on this project.
Speaker 2:Let me just check CoinGecko. Just want to see if that token is on their own blockchain or if it's still an ERC-based token. Ok, it is. So that's still on Ethereum. Yeah, this is very, very early, so I would not be looking. It's a blockchain that hasn't really launched on mainnet then, because otherwise the token will be on their own blockchain. But if that happens, then it's going to be an issue for them to integrate onto exchanges, causing this not to be an attractive choice long term based on those fundamentals, because there'll be barely any liquidity. And then, too, tokenomics not the greatest right now, as of now. So if we go back to our tier list, I will put this in the D tier for now.
Speaker 2:In terms of trading this, I think right now, actually, let me first go back to the page. Yeah, trading this would not be my first choice Now going to roll bit. So actually roll bit we do have with our fund. We bought this, we covered this last week and the last few weeks it's been trending on our platform, currently in a buy at 70%. It's currently at about half a billion, 530 million FDV. Most of the tokens are liquid. I believe there's a new change to their tokenomics where stakers get 20% of the revenue, especially a casino. It's up 17% today.
Speaker 2:If we come down here, this had quite the year. It's done a 60x return in the last one year in a bear market. That's right. It's always alpha out there. It goes with the market conditions. It turned bullish on July 1st at 3 and 1 half cents and it's currently at 10 cents, so almost at 3x. So I mean I'm bullish. If we go to the investor grade, ok, that's also in the buy. But going back to the tier list, where would I put this? I would put roll bit as a trade. Honestly, I'll put it as an A because this is a trade. I still think this has room to grow. Now let me actually see if I can get some on-chain data for this. So if we go to Dune, roll bit.
Speaker 2:OK, so they're both on Solana and Ethereum. Now, if we look at the growth of this over time, ok, that's not. Yeah, so basically, since the beginning of the year they've been growing in Solana depositors and then it has kind of been stagnant. Then I'm seeing they've added ERC-20 tokens and BTC. Ok, let's try a different dashboard. Now, which one is this? Let's try this one. Yeah, so this has been growth in cumulative users over the last 28 days. I mean, that's a pretty good indicator, but daily active users is down over the last 14 days. This is on Solana, so they're getting users, but the daily active is not quite there. Let's try a different dashboard. Actually, here let me switch over to DefineLama. They had a little bit here, ok, so this is the default. Definelama had a little bit here. Ok, they do not, but anyway.
Speaker 2:So I'll tell you why I'm bullish on this long term. I think with every CryptoBow run, you always have a big catalyst Right. So we had Uniswap with DefineSummer, we had OpenSea with NFTs and I'm speculating that we're going to have a DGen casino summer. Maybe not summer, maybe winter, who knows but I think next board run, all the DGen will come out and play. And what better platform. Currently, if we go to all the different gaming plays out there, if we go to Gambling, this is what the market looks like. So I know this is going to trade for the week, but even for the long term, this is a clear market leader. This is the runaway leader. The next closest project in its sector has 15 billion FTP, right, so you think maybe this is overvalued. But, as mentioned, they have good tokenomics, actually great tokenomics. More than 60% of the tokens are already in the market. That's going to be what. 64% or 8% Basically 2-thirds of the tokens are in the market, so there's not much inflation there. And then there's a big market. And then, if you factor in that, this is basically a casino and gaming site.
Speaker 2:If I pull up their page here, sports season has not even started yet. Nfl is about to start, soccer or football is about to start, basketball is about to start. Let me go through this pop up, but I think once sports season starts, this can really move. Yeah, I cannot exit this, but anyway, they block US, obviously for regulation reasons. Actually, there we go. But this is straight up Degen Mine is saying as you can get 100x leverage for betting on a whole bunch of stuff. Yeah, let's go to sports.
Speaker 2:Going back to one as a trade has been killed and then last one week and up 72% today. So I think this can keep on going. So I would put it eight here for this weekend, this month, all right. So let's now go back to. So we have Gaines Network Currently 79%, almost 80%, almost creeping up to a strong buy Trade, and Goat has changed by almost 40%. Fdv of 140 million. All the tokens are liquid in the market. So tokenomics actually great. It turned bullish on July 10th at $0.66, currently at $463. So it's basically flat and PNL on this is the signal is very accurate, definitely up performance holding. So if you held this, you'd be up to 71%. If you followed this signal over six trades, you'd be up 357%. Honestly, this looks good.
Speaker 2:Now, if we compare the sector, let's go back to Gekko. So if we put in Gaines Network, so we'll go to derivatives and we'll go to perpetuals. So this is basically on polygon. So if we sort this by, since we're trading, I'm actually going to use market cap instead of FDV, because that is not really relevant unless you're thinking long term. So if we actually go by market cap, let's see what it says we can do both. So GMX has 463 million market cap.
Speaker 2:Dydx336, gaines Farm I haven't heard of that one. This is very liquid, I would ignore that. So they have about 5 million in trading volume. 140 million Now Dydx has. I don't think it's better than Dydx, so I don't really see it getting a higher market cap than Dydx. If we come up by FDV, then that's a whole different story. Right, if we go by FDV, dydx is huge almost $2 billion FDV, gmx about 700 million FDV. I think this is a binance chain but very illiquid. Gmx is undervalued for the long term Trading it. There's potential, but I think this is more sort of a long term play.
Speaker 2:But I think let's actually go to. Let's compare GNS yeah, let's compare perpetual Dydx insights and see how it's comparing with the rest of the market. So in terms of volume, actually, let me get a better chart. So, looking at the space, is this accurate? So GNS has 17% volume market share. Gmx is only 10%. How much does GMX close the market leader? Vertex 25%. Quenta 16%. I'm not sure how this is being done. Then aggregate open interest by PerpDex platform, this shows GMX to be leading with $1.21 million.
Speaker 2:Let me see if I can find a better dashboard. I'm not quite understanding this, but I don't really use perpetual DeXs so maybe I'm missing something here. Let's do derivatives. Yeah, so this is comparing GMX, dydx, gains Network, quenta, perpetual Protocol, level Merge Protocol, apex and Mummy Finance. So hopefully this goes with a better visual, ranked by volume. Yeah, so GMX has $37 billion in volume. It's ranked first, then Synthetics at almost $20 billion, perpetual at $5.5 billion. Gmx is not. I'm sorry, gns is not here. No, it's not here. I think maybe some people are curious on these. Dashboards are off or not accurate.
Speaker 2:But anyway, gains Network as a trade, I think you can maybe catch something, but I don't think necessarily it's guaranteed to pop off. So I would put this as a. Actually I'll put it as a trade Long term. I think the on-chain data has to support holding it for the long term relative to the market leaders like GMX. But I think as a trade there's potential there.
Speaker 2:Actually, let me compare this to Yield Guild. Yield Guild is already moving at 50 million. Actually, let me bump this down. Put it at C tier, all right. So we got enzyme last. Let's go to enzyme, which is to be melon. So it's growing in a buy 75% FDV 44 million. So you have about almost two-thirds of the tokens in the market, which is good. Actually, my signal turned bullish July 31st at $20, $0.41, but it went down. Not much. I'll find a signal. I would actually just ignore this then. So not much to write home about regarding that. So I would actually put that as F. Yeah, so this is a list Out of the tokens.
Speaker 2:Obviously, when you trade you have to have your entry and your exit Yield guild, c tier, gains, network, d tier, leo and orbs, and then F tier and time. I think RoleBit the fundamentals of there is getting better Now. It is risky. All these have risks. It is crypto Mine is sending, as RoleBit is not fully decentralized, so factor that in Yield guild. All these, for the most part, have horrible tokenomics, so assume there will be inflation in the future and these are not products you should marry right now. These are products you should be trading and when you're a trader, you're in and out. You have your entry and your exit.
Speaker 2:The only ones that I may consider for the long term would be RoleBit, everything I said earlier. Basically, tokenomics are good. Token data shows that it is growing, getting lots of users and, with sports season about a start across the world. It is basically like BitMEX or GMX for casinos with leverage. So D gens will D gen and crypto. That we know. Now that also gives it a risk in terms of regulation and regulators. I know there was also some fun on Twitter between them and I think, fatman some other guy who was making up fun about them. But anyway, there is some risk and I think the team might be anonymous I'm not sure but anyway, keep that one Gains network only if the on-chain data gets better.
Speaker 2:But right now there's no on-chain proof or reason to think this will do well long term. Besides that, it's just a low cap coin and that's basically it. So let me know what you think Down below. So definitely check it out. He's on the up and up. What do I think of Apecoin? I think Apecoin, you have to really wait until their metaverse launches. I think that's going to be the big thing. Casper doesn't have 100 million in token circulation. It has a ratio of 0.4 FDB to market cap. So are there any good new IDLs coming to market to trade? Not to my knowledge, but that's a good segue to the next segment on hidden gems. So we're going to go to the private sector now.
Speaker 2:To our customers as part of the hidden gems research we put out. So basically, our research team is looking at lots of products every single week, ranging anywhere from 30 to 50 products a week, and then out of those we take the top five most interesting ones that have the highest fundamental score and then we create the list for hidden gems. Now, because these are early stage products, they always do have risk. So you have to be careful and most of these have not launched yet because they're basically either raising capital still from BC. They're worth putting on your radar. So, for example, in the past we had products on hidden gems such as Casper. We kept Casper all the way last year I think it was around the fall, maybe around September, october as part of our hidden gems and guess what? It's done incredible. So now can we find the next Casper? Can we find the next 100X? Let's see.
Speaker 2:So this is the list. So we've got these products and this is actually a different tier list because these have not launched yet. So the tiers we have we have the one X tier, which is not really doing anything, not even withholding, in my opinion. Then you have the five X tier. You know what? Okay, this is some good money. You can get out your initial and have some pocket, some spare money. Then we get in the 20X tier. This is where you start making some good money. So actually, one of the products we covered in the past, game Swift, has officially done a 20X. Last time I checked, let's see. Let's get a quick update on that. I covered this on the last show as well. Yeah, so it's almost a 20X, although it is down today. But anyway, back to the list. But the money is in early stage products. So we have 20X tier. Then we get to the 100X tier.
Speaker 2:We just landed on the moon and the lambo, aka the moon, lambot here.
Speaker 1:And then taking pictures with the zone.
Speaker 2:In a very rare instance. Sometimes you may be blessed by the gods and be so lucky to get 1000X 1000X tier. This is rare but it does happen and you really need these 1000X's to have life changing generation wealth, especially in crypto. But it is possible, whether in the private markets or even in the public markets. So if we go back to the last cycle, matic did 1000X. Basically it was like 999 something X, 5, pull it up. And this was not even a private project. This was straight up on public markets, on exchanges. We go to Matic that's funny. They got a tag alleged SEC securities. Now, oh man, so from the old time low about four years ago, may 10th 2019. Okay, that was 200X. But from all time low to all time high, it was 1000X basically. Now, very rarely do you actually get that. Your goal is to get just even a fraction of that. A fraction of 1000X is 250X, but anyway, that's possible. Same thing with Helium. Helium did basically 1000X, I'm sorry and we have token, so it's already trading. Now We've got CK, we've got D-Bank, neurochain and something else.
Speaker 2:Let me go to the actual presentation, so I'll go through and give a quick blurb on each one Now. I've not done a deep dive on any of these. Just want to bring this to your attention. Obviously, not financial advice, but first up, we got ReadOn Decentralized content. Layer Seven X Ventures, I believe, is the fund from the CEO, former CEO of Reddit, bytedance, which is, I believe, tiktok, pinterest and Konigamillan ML experts.
Speaker 2:All right, so let's actually pull up their site here and do a quick overview on this. All right. So this is their site. So we got ReadOn Discover, distribute and Store Value articles. So this seems almost like a decentralized social media platform, kind of like Steam. It All right. So Web 2 compatible decentralized platform All right. So next, blogs, news and forums Okay, so they've got a mobile app here that's a Web 3 content aggregator. Okay, looks like they've got some videos here on the site. I want to keep on going. Yeah, I mean, social media in general doesn't really do well, so you have to be very, very careful. I see this is going to be hit or miss. This is basically either you get a home run, you get the creators who create, all right. So now I don't have all the information here in terms of the evaluation and what they're raising, but I think if we go to and compare the whole space, so let's go to social, yeah, socialify, and let's look at this.
Speaker 2:So let's actually look initially by market cap. So we got Thid and network, which is a video project Kind of it was meant to be like a YouTube or something or video network. They have 762 million FTV and market cap. Hive is 128 million market cap. We saw which Steve rally we could rally in the past hasn't done well. Took a mix one of the greatest even today the not the greatest took, if you're investing for the long term took economics matter the most steam. This has been around forever 28 million library credits. They're sued by the SEC and lost. Yeah, I mean, if we saw by FTV, okay, I would ignore this. This I don't know what the heck that is. There's some issue happening there. Yeah, I mean these. So is good If we kind of compare this as their competitor.
Speaker 2:This is to be bits down, I believe, but rebranded. So I'm kind of want to pull this up just to compare. So they claim it's time to reimagine the world of social. The pages loading. The social layer of crypto has arrived. It's the first layer. One blockchain built from the ground up. You see my social media Back by Sequoia, coinbase, a 16 Z. So they have a blue chip list of investors.
Speaker 2:But what I compare, read on to them. I mean this this is more like a theme Right Looking at the roadmap here Open beta last year, chat, gp integration beginning of this year, long tweets and video content. They won an award for Solana Community Hackathon and Rweave Hackathon All right. So I mean ArcStream Capital is actually a great investor. They're one of the best in the space, so this is typically actually a good sign. But yeah, I mean definitely would keep an eye on this. I don't know what the valuation is, so that would matter. But if anything social, actually I think it might have been 25 billion valuation, but if anything social, that story is tough. So if I had to pick this on a tier list, let's say it's 25 million and let's say we're targeting summer 2025, because that's the top Right, because, historically speaking, you have about 15 to 16 months of price appreciation, basically a bull run after the Bitcoin halving, and Bitcoin halving is happening next year. April is the particular time, so that gives us till summer.
Speaker 2:So, from 25 million, how far can this go? If I think the market is going to do, let's say, an average of 5x, can this do more than that? I think this is read on. I would put 25x, would put it at 120. Let me just get my calculator out real quick. Just want to do some math on the fly. So yeah, so 20x would be like half a billion FTB. I think that's reasonable. Now these are moon cases, because this is going to be a moon case, so this means this is the least likely to happen. Quick recap you've got the bear case, you've got the base case and you've got the moon case. People are more into the moon case, right, the rare chance of how high can this possibly go in a reasonable manner, but still in the case. So I would say 20x seems reasonable if the valuation is 25 million by summer 2025. Now let's go on to the next one.
Speaker 2:If we go to Nuriya chain actually let me go back to my presentation here so Nuriya chainai platform for creation and deployment of AI powered decentralized applications, decentralized AI computing in cloud. We know AI is a big narrative because of chat, gpt and Google BARD, so this already hits the narrative trend. Now I don't really have much info on here, but let's go to the website. If we go to, let's take a look the ultimate Web 3 AI infrastructure Decentralized, scalable, powered by AI. Can you a chain? Ai provides an intuitive infrastructure empowering developers to build powerful stuff. So this seems like a Distant, delivers in-depth analysis, answers tough questions. Trading hub, your decentralized scripted trading partner, okay, yeah, what exactly is this? So it's an infrastructure project. So more Web 3. Again, the team is and the team, and that's saying much.
Speaker 2:Yeah, this one I'm not so sure. Just based on everything, initially it seems kind of anonymous, but let's, let's actually look up these names, right. So Julius Serran is Lithuania. Actually reminds me of a project we invested back in 2017. Generally do much, all right. So His background HCL Okay, that's a well-known company. Barclays as a senior systems engineer for three years. Barclays Okay, definitely has a good IT. Now let's go back to the other name, but anyway, this is this might take a while.
Speaker 2:This, I think, based on everything I've seen, it has the narrative, much of what the valuation is, because it's not really on the deck. Actually, let me see if I can even find this. I just give me a minute. Yeah, so it's actually $24 million up TV, okay, so If we use that. So, basically, it's an AI coin.
Speaker 2:Let's go and see what the market is for AI currently. So we go to artificial intelligence and for looking at FTV, because we're thinking long term. There's BitTensor, great project, but tokenomics are not the best. This is an AI project scored over 90. I think it was about 90% in terms of code review. So keep an eye out on this. It might make sense to trade, but right now it's not the greatest in tokenomics, but this is one to watch.
Speaker 2:If you're looking at the AI space here we've covered before Rent is a billion, ocean protocol, singularity, insure, fetchai, akash. So the whole crypto market is going to do a 5x. I think that's by being an AI coin, with the whole narrative being a big narrative for the next cycle by summer 2025, I think anything AI is going to do a 5x. So I think we're looking at 25x or more. Now this is going with the limited information I have, don't really even have much on a code review, but all these products will be passed on to our tech team to do a code review. We'll have that problem, but based purely on the fund, it was newer chain, right.
Speaker 2:I think AI output is, because 100x from 25 million is 2.5 billion in two years by summer 2025. So you legit or just a or not a scam or rug pull, but it's possible. Highly improbable, but I think it's possible for an AI structure project Basically, if it's like a chain link for AI, right, because if we go back again to this category, right, assume a bit tensor does 5x. Well, I'm sorry If we assume the market does a 5x and AI does a 5x on top of that, we're looking at basically 25x. Let's even be reasonable and say 10x everything, right. Or let's say 15x everything, so bit tensor can get to 15, 20 billion FTV. So for some other project it could possibly go to 2.
Speaker 2:But just for the info we have, I think just potentially could do that. But anyway, let's continue on to the next one Cascadia. Neosybernetic Blockchain Platform for Dynamic Incentive Design. Habit Layer 1 Blockchain Okay, evium-compatible, cross-chain Dex Dynamic Smart Contracts. So basically it's L1, that's Evium-compatible. That's already a big narrative, but let's go to their site the world's first Neosybernetic Blockchain. I'm not sure what that means. It reminds me of Neo, the Chinese Blockchain. Okay, not much on this website. I'm seeing Fawcett, block Explorer, valdear Explorer, community Developers. There's honestly not much here, but let me see if I can find anything on this. Okay, actually, let me just give me a minute everybody. I'm going to play some music, okay, okay.
Speaker 2:Okay, okay, okay. Okay, you're not really getting much info on this, but we do have a code of you on this that we'll publish later. It's so-so in terms of the code of you, just kind of going based off of that. I mean, I think that Evium Space is getting very, very crowded. So if I had to pick for Cascadia and I don't quite have the valuation, but I think they're raising like what? A million? Let's say it's a 20 million FDV, 10x, yeah, I would say like a I'll put this in the 10X, 20x tier, although I think this one-. So we have two more. We have Deep Bank and Arcam. So if we go to Deep Bank is a Web3 platform, kind of like MetaMask and Dapper Labs A very popular one, by the way, and there's speculation that there'll be an airdrop for this, so you basically just log in with your wallet. They do have a huge following 5.1 million visitors in the last month. So basically 5 million. So I mean that's pretty good. Actually, let me just give you any info on Deep Bank token. Yeah, and they've raised a lot of money Equity, I believe, funding around yeah, I'm sure it's back in 2021. So Quaintus article says Deep Bank raises 25 million in a round-up by Sakura China.
Speaker 2:No, the only way to make Airdrop play. Airdrops are like free money. So I would put this like 100X, just by default, because your cost basis is basically very, very low. Now, if they actually launch with a token, or if they issue a token and they say you're actually trying to invest in it, how high could this go? I mean, let's compare the wallet space. Wallets with tokens typically do not do well If we go to wallets. So we got trust wallet 98136 million, so it's not looking too good. But let's say Deep Bank does launch one, it's like what? 450 million somewhere in the middle. Let's call it 500 million valuation and let's say they do. That's like a 10X.
Speaker 2:So if you're going to trade this Airdrop, 100x is basically what I'm looking at, and then I'll do like a 5X. If it's just buying on exchanges, I'm like, yeah, because wallets historically do not do well, but for the Airdrop we'll say 100X, all right. So we got optimizing the blockchain, aka docs, to earn, as people have memed about it, right To pay people in tokens to docs, people on chain, so all these on chain sleuths who want to make money. This is the platform for them. So very, very interesting platform, very scary platform. If you thought you were private and crypto not this platform They'll dox you real quick.
Speaker 2:Circulating is 15% of that at 115 million FTV half a billion already with bad tokenomics. Market capital is under 70 million. It's already down over 40%. So honestly, I don't see this doing too well. I mean, I would only trade this because of the bad tokenomics. You have 85% of the tokens that have to hit the market, so that's additional inflation and tax that's going to suppress your price. So if it does a 5X in the boron, let's get 10X in the boron. In fact, in that, more tokens are being introduced into the supply in the market Basic economics supply and demand. If there's more supply being introduced, the demand has to keep up with the supply at the same rate. So if the supply goes up by, otherwise you're being diluted. That's why we're in crypto. Why do you want to have an additional tax in inflation with these VC, post-economic coins? So if we go to this tier list, honestly I would put this like a 5X tier Because the tokenomics are not great for the long term. So obviously not financial advice, but the fact that this is already half a billion FDV. Then you factor in the 85% supply shock that's going to happen. That's sole pressure. I'm not too bullish on this, so quick recap.
Speaker 2:Next tier outcome we had cascadia under 20X tier Because this is 20 million. I don't know what the FDV is, but I'm assuming it's 20 million Because our company is already trading. The money has already been made on our company intelligence, vcs made money on it already. But the first thing about getting in now, most of these parties are not trading. We're speculating a lot. I would put cascadia at 20X read on at 20X. Basically, social media, blogs, forums, neurochain, almost purely based on just the whole AI narrative, and $25 million FDV I think AI coins will do well in a bull run and DBank, just purely based on an airdrop. An airdrop is 100X. So this is the list. Let me know what you think.
Speaker 1:We just landed on moon in the lab.
Speaker 2:All right, all right. Jan says a great Wolf says DBank is a well-off data aggregator. Yes, yeah, very true, dbank as a product is amazing. Once again, big shout out to Kyren, one of our biggest affiliates for token metrics. He's been making videos like this that have been inspired us to create similar videos, because we know all these tier videos have been going viral on YouTube and I think we've been seeing this happen a lot with crypto and wanted to kind of give our perspective using our platform, our research framework and process, and if you also want to be an affiliate, just go to our website and click on the affiliate links. We pay our 40% commission to our affiliates when you refer to token metrics. All right, so let me see what else we have. This has been a pretty long stream. If we go to, let's see. Actually, I forgot to go through these different lists, but yeah, I mean OK, well, it has good backers.
Speaker 2:Co-founder of Plantier and OpenAI. I mean, think about that. That's kind of crazy. The people doing world coin and OpenAI I'm assuming it's the same people open AI. But anyway, keep an eye out on that. Dbank will cover this and the airdrop is speculation, all right.
Speaker 2:So we got a few questions here from the ask me anything. I think world coin is the alpha or beta of social credit score system and CBDCs. You could also say it's like a Trojan horse Docs to earn thanks, but no thanks. Yeah, I mean, you basically are going to be scanning your eyeball, your iris, putting that on chain in exchange for what? 25 tokens, and those tokens are going to be worth millions. I mean, I don't know. I'm not buying the hype, I'm not saying they're not a great team and a great company. They have a lot of money. Smart team. Co-founder of OpenAI, san Ultimane, former partner at Y Combinator. So very smart guy. He's done well. He's walked the walk, backed up everything he taught at YC with the launch of OpenAI and now world coin.
Speaker 2:But I mean, from a philosophical standpoint or ethical standpoint, do you want to scan your eyeball and have that put on chain? Because I think, yes, that is going to be the social credit system, but I think it's already happening. So I think what they're trying to do is I'll tell you the good and the bad from my perspective. I think it's good. They're trying to make it web three and crypto friendly so people can have the option to have some kind of skin in the game with a token, but then at the same time, they're making money off of it. But I think 20% of them so widely reaching socially, coming from the team that AI is that can think like humans, that will happen by lifetimes, so that's going to happen. Do we want to have the same company also have a token that has our eyeballs and other data? It basically is becoming like China, right With the whole social credit score system.
Speaker 2:Some people might say better to have a company or a Dow on that than the government, because government might be trusted, which is not a bad point. It doesn't make sense. But the incentives matter the most and I think, unless this is a fair launch, a full on fair launch but it's hard to do this product as a fair launch project. Anyway, that's the dilemma. So, yeah, I think this is the Trojan horse doctor Having a piece of the pie or creating their own right. So in the US then now has long, I made a wire transfer back accounts and I received it in like 10 minutes. I was like whoa, what took so long for them to innovate like this? It felt like crypto, it felt like sending stable coins, but I do think this is a Trojan horse, so be careful.
Speaker 2:All right, so next, could you take a look at Maria team in LinkedIn? I think we've covered Maria before. Definitely we're finishing up research on this. We'll have this to our customers shortly. Is the next. Next Casper? I found it. This is also coming out as a code abuse shortly, so stay tuned.
Speaker 2:Let me just see if I can pick some of it. I'm just going to go back to the old and just Actually, let's dummy done even more right. Let's say you, I create the first iPhone in the world. I have an iPhone over here, right, I have the first iPhone in the world, the first cell phone in the world, even right, how valuable is that as a technology? Very valuable, because you're the only person that can have the power of a computer in your hands and do help people globally and go online and go on the Internet and connect globally. This is almost priceless. The value of this is priceless.
Speaker 2:Now imagine now everybody in the world has an iPhone. What's the value of this if you lose it? Not so much because everybody has it. It's going to be more accessible, more available and easier to get this again, right, Basically, it's widely available. It's not scarce. It's not limited in supply. So, as a result, if you lose it, you just go to some store, buy a new one. Go to the Apple store, buy a new one. But if it's the only one in the world, you can't just go on and buy a new one. You have to maybe wait for this to be made again. Maybe the first time was a fluke. It's very scarce. I'm basically explaining scarcity.
Speaker 2:Then, on the other hand, you also have demand. How much do people want something? If this is the only iPhone in the world and nobody wants it, it's worthless. But if it's the only iPhone in the world and there's 6 billion people in the world that want it, those 6 billion people will compete with each other to pay a higher price and the person who pays the most price gets it. So, as a result of that demand of 6 billion people with only one supply available, the price is going to be very, very high, because at that point, out of a billion people, the person who wants to pay the highest price gets it. Let's assume it's a billion dollars, some billionaire, it's even more, 10 billion dollars. But then, on the other hand, if we have 6 billion iPhones and it's 6 billion in demand. There's not much competition because everybody gets one without having to compete on the price of buying this iPhone. So you might even buy it for just a dollar because everybody has one. So if you lose one, everybody has one. So that's supply and demand.
Speaker 2:Now apply this to tokens. So the supply is the amount of tokens, total supply out there, the amount of tokens that will ever be available for you to buy, just like with this iPhone, and then the demand is the total number of buyers out there that have to buy that token. So change the iPhone to a token like Bitcoin, for example. Why is Bitcoin so popular? Because Bitcoin is limited in supply. There will only be 21 million Bitcoin in the history of crypto and the whole world. After Bitcoin goes through 29 million Bitcoin is minted. They can't issue anymore Bitcoin. But if we have six or not even 7 billion people in the world and the demand, the interest, the request of buying and owning Bitcoin, if demand goes up and supply stays the same, it gets even more scarce. Because if you have 7 billion people who want to buy 21 million Bitcoin, not everybody can get enough Bitcoin. So Bitcoin's price goes up. The value of one Bitcoin goes up. Now, same thing with all these different tokens.
Speaker 2:So if we're introducing more supply into the market, if we add more iPhones into the market, the value of this goes down. Every time the supply goes up, the demand goes down to compensate. This is as true of factors out there. And if demand goes up, supply goes down. So as we mint more tokens into the market, the supply goes up, the demand goes down. So it's what I call an tax, an inflation tax. So if I have one iPhone and then I create an additional iPhone and I have two iPhones and they're two buyers actually let me go back. If I have one iPhone and two buyers, they compete over the price, so the price goes up. I mean, they compete over the iPhone and the price goes up because one of them is willing to pay more than the other person. Now, if I have two iPhones and two buyers, there's no competition the price, the iPhones at the price they want. So the money is made getting in into projects that have great tokenomics.
Speaker 2:Now this is me kind of approximating everything In terms of FTB versus Market Cap. So let's go through an example. So I was talking about Arkham Intelligence. So they have 150 million circling supply. So you take this circulating supply, multiply it by the current price, gives you its market cap. So if you want to go out there in the market and buy all the Arkham tokens available, the 150 million at the current price, that gives you the valuation of the market cap of slightly under 70 million. Okay, that's nice, but the total supply and the history of this products down the road will be a billion total supply. That's the max supply. If you take this amount and multiply it by the current price, it gives you its current FTB, the fully diluted valuation. So in the history of the total supply, so all the tokens, even those that aren't available on the market yet, it's about 450 million FTB.
Speaker 2:So now let's actually secretary this next point. So if we have 70 million in the market and we have, we have 40 minus 70, we have 380 million not yet on the market. Imagine you wake up after one year and you have an additional 70 million new tokens on the market. Let's say you wake up the next day, it goes from 70 million to 140 million, it goes from 150 to 300 million. The total supply has doubled over one day. So guess what Supply and demand it has to balance out. So if people were willing to buy this at 45 cents and then the next day there's twice as many R-Camp tokens in the market, guess what? They can be cheap because they know the demand has not changed, the demand is the same, but the supply has doubled. So they can be cheap and probably offer you half the price. So they'll probably offer you 23 cents, 23 and a half cents. So if the supply is going to double over one day or one year, the demand for that same token also has to double just to maintain the price. But that rarely happens. So in this instance, let's say it goes from 150 million to 300 million total tokens in the market. Basically, the demand has to double as well to maintain the same valuation, otherwise you're being taxed as an inflation. Now it is crypto.
Speaker 2:Sometimes tokenomics do not matter. That's why you have to look strongly into the vesting schedules and no one token will hit the market. So let's say, let's actually see if they have token on. All right, so we'll get to a billion total tokens. So we're looking at about what? Seven years, six and a half years? No, yeah, seven years. And what I like to look at is basically the next six or 12 months, because, oh, let's say, we're targeting summer 2025, right. So from now till summer 2025. So we're looking at slightly under two years, right, summer 2025. Yeah, july 25. We'll have about slightly more than a third of the tokens in the market. Bad, you can still make money, but you have to understand that as more tokens are being introduced in the market, the demand has to increase Because sometimes products do still do well despite not the best tokenomics, right.
Speaker 2:So, for example, helium right, you pull up your tokenomics. So all time high of helium was actually viewed by market cap. They don't have FTB on here. I wish they did. When helium launched, there weren't too many tokens in the market, right, it launched at under 10 million FTB and market cap. So today you have about two thirds of the token in the market. So you should tokenomics. But helium had. No, they responded from BCs early on in a series of years, right.
Speaker 2:So I like to use FTB for the diluted valuation as the metric to really value a product in the long term. So let's say helium only launched with 10% of the tokens, but let's say it's only launched with 10% of the token and it's still a very low valuation. And if it was going to 50 billion FTB or whatever you want to right. You can still make 100X or 1000X on it. So the reason why I like that metric a lot is you have to factor in the introduction of new tokens into the supply and then the valuation. So this is 1.2 billion FTB, but you have all these tokens right, because total FTB I'm sorry, 1.2 billion market cap but has an FTB of over 7 billion All that demand will eventually hit the market. So, I'm sorry, all that supply will hit the market, so will there be enough demand to keep up with it. But if it's only 10 million or lower FTB, demand is going to be high right.
Speaker 2:So if I actually go to a helium chart, what is it? I think dashboard. So if we go to I want, is there all time? Okay, it's not giving me the. Okay, that's not what I want. Let's see. I think I'll go back to the next floor.
Speaker 2:I think is what I'm looking for Okay maybe not, but anyway, in general, helium has now almost over a million devices, I believe, or close to a million, but when it launched they had like under 10,000 devices, right. So you have basically almost a million new people that have entered the market demanding a helium device and demanding the helium token to use. Although this didn't pan out as expected in terms of the enterprise use case or Kairis actually demanding this. This might kind of has pitted off into the supermarket, but there was a whole new demand increase While supply was being minted, it was being mined, right. So basically, long story short, kind of recap everything.
Speaker 2:Going back to the initial question, ftv metric is how I think you can fairly and truly value a project for the long term. Now, just because it has a bad FTV does not mean it's a bad investment. It just means are you willing to or do you believe that project or token can keep up the demand side of it? So if supply is being increased, do you think the token can keep up the demand at the same or even greater rate? If the supply is doubling, can the demand quadruple? So let's say optimism right? Once again. If I go back, where was I? So let's say optimism has. Let's make things simple, right? Let's say market cap is a billion, ftv is 7 billion. You have 6 billion tokens that have to hit the market and let's say it's going to happen over six years, right? So if the supply is going to 6X, and well, actually in this case it would be 7X, right. But let's say, if the supply is going to, if the supply does a 6X in six years, can the demand side do a 6X to keep up in six years? If you think so, if you think it can do even more, okay, then it's an okay investment.
Speaker 2:But that's still a tax. Why investment projects or token where you have to do that, as opposed to a project where all the tokens are already in the market, don't be much of a tax. You're basically getting 6X dilution. So imagine you had $100 and it was diluted by 6X. You would have $16 over six years. That's why I call it an inflation tax, right? So you have to factor that into your ROI. Why do that if you don't need it? If you have a project let's say Bitcoin had all the Bitcoins out there already mined there's no inflation tax. That's extra profit on your money. So, anyway, that's the quick spiel and all that, but I do have to go, but just want to do a quick recap again.
Speaker 2:We're offering a 25% discount on token metrics, as mentioned before. If you go to let me go back to the top If you just go to tokenmetricscom, use the coupon code tokenmetricsgpt one word, all caps, tokenmetricsgpt get 25% off of token metrics and try it out. We do have free accounts. There's no reason not to create a free account if it's free. And if you want to try out the paid accounts, we have free trials for those as well. And if you want to sign up for those, that's what you get 25% off. So this is the promotion we're doing for this month and definitely try it out and sign up, and hopefully one of these projects are covered here Peaks your interest. Let us know down below and let's see if any of them do a. I'm going weekend, okay, hey, grav, how did it go? Hello, I can't hear you. I love you there. Okay, good, okay, all right, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay, okay.