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
Chainlink, AKT, INJ, AVAX and More Crypto Price Predictions!
Ever wondered how to spot the next big thing in the crypto market? Well, you're in for a treat! We've taken a deep dive into trending coins, highlighting key players such as XRP, Pepe, Shiba Inu, Rocket Pool, Thor Chain, and XDC Network to give you insightful analysis using Token Metrics ratings, price predictions, and technical analysis. Plus, we've got the scoop on Rolebit and Thor Chain, which could potentially give you a 10x return.
Our mission to keep you informed doesn't stop there! We've put the spotlight on Chainlink, scrutinizing its current market dominance, its future potential, and the implications of its recent developments, such as the launch of their cross-chain protocol CCIP. If Chainlink continues on its current trajectory, could we see a 3X, 5X, or even a 20X return? We also explore Akash Network's potential dominance, comparing its current market cap to other projects and contemplating its possible top 20 market cap status by Summer 2025.
Lastly, we tackle CKB's price prediction and shed light on the gaming industry's potential in the next bull run. Discover what could happen if Web3 blockchain games go fully on chain using layer 3 such as Abertram Nova. Plus, find out why projects like Game Swift and My Pet Hooligan are thriving in the bear market. And if that's not enough, we analyze Injective Protocol, comparing it to other DeFi L1 blockchains and discussing the potential returns of a 40x increase. So, buckle up and prepare for an enlightening journey through the buzzing world of cryptocurrency.
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. Take control of crypto today at… hey crypto family.
Speaker 2:Happy Friday. Welcome to Token Metrics Live. I'm your host, ian Bellina. We have quite the show today. Hope you're all doing well.
Speaker 2:Let's see who is first on the stream. Ian alien, what's up. Good to have you here. Azizra in the house, suresh. Good to have you here, shola. Yes, good to have you here, all right. All right, be sure to smash the like buttons and subscribe. Put on alerts. Tell our friend to tell a friend. We are live. Crypto family in the house. Token Metrics family in the house. Sorry, I was getting a call. All right, but definitely excited for this stream.
Speaker 2:Let's go ahead and pull up the Mentimeter, all right? Yes, make sure to follow us on social. So the Menti code for this stream is 2269, 6986. That's 2269, 6986. Go to menticom and post your questions. We'll do an AMA. Good to have you here, jasmine. All right. So let's move on here. All right, so it's like the hop straight into it.
Speaker 2:We're going to begin straight with the trending coins of the week. Tell us what coins you like on this list. These are the most trending coins this week. We've got XRP, as usual, pepe, shiba Inu, rocket Pool, thor Chain and XDC network. Tell me what you think. So let me actually try this out. So I posted all these coins on our chatbot Tokametrix GPT. And, by the way, we're still having the promotion where you get go to Tokametrixcom, use the coupon code Tokametrix GPT. That's all caps. One word no spaces, tokametrix GPT together. One word no spaces, tokametrix GPT to get 25% off of Tokametrix. So go there.
Speaker 2:So I put in this token. It's basically asking for short term analysis and basically it's telling me Thor Chain has a TM Twitter rate of over 87%, we've got XRP 36%, rocket Pool 18%, xdc network we covered this last week on the crypto tier list 68%, shiba Inu 87% and Pepe 33%. So basically let's take out all the meme coins the ones that jump out here are Shiba Inu and Thor Chain and XDC network and then basically, looking at all this, it gives us some more analysis. But the ones I really want to look at, if we go to the individual token page, let's begin with XRP.
Speaker 2:People love XRP. The XRP Army is always out, out and about looking at this. Okay, so actually looks like some of this number. I think this may have updated, but anyway, xrp long term I'm not actually wow, long term. Actually, xrp is getting better. Okay, I'll change my stance on long term. But anyway, if we look at XRP where it's going, it's going at 62 cents.
Speaker 2:I wouldn't really be trading this. It turned bullish here but hasn't really done anything since the XRP news versus the SEC. Now the SEC did it and else they do plan to appeal the XRP judgment by the judge in their lawsuit and long term, I still think XRP will win. I think it'll be a big one for the space. Would I trade this right now? Not really. I think the market, even though it's still in the bear market, if we go here to the market page, we're still technically in a bearish trend. There's still been alpha out there.
Speaker 2:Rolebit has been doing well and then, if you're a customer on the premium webinar, I covered a project that we think is very, very interesting under 10-month market cap on public markets. That we think can potentially be one of the big winners for the next cycle. Potentially 50X, 100x, but we'll have more research coming out on the research side for customers, okay, but anyway, we're still in Bitcoin season, but we do notice here, if we zoom in more, capital is flowing from Bitcoin into odds. We're not full on an altcoin season just yet. However, capital is flowing and that's something to pay attention to as we get closer to the Bitcoin halving. This is definitely something to keep an eye on and a coin we've covered lots of times. Rolebit is actually trending. I'm surprised it's not really on the trending coins of the week, but Rolebit has been printing money basically.
Speaker 2:Now, if we go to the third chain, this is actually 87%. It's a strong buy, which is good. Ftb 540 million. Looking at the trading indicator, it just turned bullish recently. So actually this is maybe one worth keeping an eye on for next week. And this thing now has alpha, although not accurate, accurate about a third the time, but definitely our performance holding versus trading. So this is basically a 10x return over 11 trades if you follow the signal on our platform for third chain. So this just turned bullish and it's a strong buy. I think this is probably the coin of the week. So, going back here, in this whole list I mentioned, I would definitely would agree with third chain. Third chain looks seems like the coin of the week.
Speaker 2:Let's actually take a look at XTC. We covered this last week. Let's just see if there's any changes on XTC network. I believe it's also been doing pretty well. So it's up almost 14% in trader grade almost at 70%. It's in the buy zone. It's up 106% in the last one month and it turned bullish at July 17th at 3 cents and it's basically gone all the way up to 7. Now down to yeah, basically set 6.5 cents. So as a system, pretty well for a bearish market.
Speaker 2:But there have been lots of coins that are trending. So if we go back now to our question what's your pick for trending coin of the week? I'm surprised XRP is still here. So I think people basically just love XRP and I'm really looking at the technicals. But I think, based on the technicals, if I had to choose, I would definitely not really go with the meme coins If we actually Pepe didn't have a good trader grade. But if we go to Shiba Inu, let's take a look at that one. Shiba Inu is a strong buy as well, actually over a 10 billion FDV. It turned bullish basically July 15th and it's been moving. But at a 10 billion FDV I would rather go with Thorchain in terms of just more upside. So that's my coin of the week, but let's see what people have to say in the comments. Hey everybody, good to have you here. Leave the questions for the AMA. I'll get to the questions towards the end with the AMA. All right, so that is the winner. So people think XRP although this is one of the rare times where I would disagree with the people and say I think Thorchain has more upside All right, so let's now do a price prediction.
Speaker 2:So people have been asking what do we think of Chainlink? Where is it going between now and next cycle? So let's do a long-term price prediction on Chainlink. So let me pull out the page here. So I'll go to token metrics. Go to Chainlink. It's currently at $7.45.
Speaker 2:And I went to the investor grade. So investor grade is in the buy at 67%. Fdv is basically $7.5 billion, with about 54% of the token is liquid at a $4 billion market cap. So if we actually look at market cap here, it has a market dominance of 0.33%. So basically a third of a percent of the market is Chainlink. Now, if we think the total crypto market cap is going to $5 trillion on average, right, let's say it's going from $1 trillion to $5 trillion by the top of the boron, which we think is going to be for now somewhere $225. So basically, this token speaking Bitcoin has already had about 16 months of a boron after Bitcoin helping, which is slated to happen April next year, in 2024. So if we go here, $5 trillion that basically, if Chainlink just stays where it is in current market dominance, that basically means Chainlink is going to be at about $31, right? So just doing the quick math with that and my calculator here, that's basically giving us oh no, I'm sorry, $7.5. That's basically a 3X, so not the greatest 3X return. Is that something you want? That's, if Chainlink just stays where it is, if it just maintains its market share, its market dominance. Now, obviously Chainlink is not trying to expand. They're basically growing cross-chain.
Speaker 2:And let's say you're very, very bullish on Chainlink and that happens. Where would Chainlink go? Let's say it's able to go from, because currently it's ranked 21st in market cap. Let's say it's able to climb that and actually gain more in market share. So let's say that it's at half a percent and basically $47, $46.5, right, that's going to give us. We said about 7.45. About 5X, not the greatest either.
Speaker 2:Now let's say you're permeable, you think this is going to the moon and beyond, and it's going to $155. Basically, let's say it gets 1.66% market share. Let's say it goes to $155. So going from 7.45 to 155. If we do that, let me do the quick math that's basically almost a 20X return on chain link. Now the question is how realistic is that? We have the bear case, the base case and the moon case.
Speaker 2:Can chain link go to $155? So if we do that math, at a billion total supply in terms of tokens, let's actually do a market cap. For now, well, actually I'll do both FDV and market cap. So at a billion market cap, that would be $155 billion FDV. That's probably not probable From a perspective currently, with crypto being at $1.22 trillion market cap. If we look purely at FDV, we've got Bitcoin at $615 billion FDV. If chain link did $155 billion FDV, that would make it a top three coin According to this. Now, obviously the whole market will move.
Speaker 2:If it all does a 5X and you have times these numbers by 5, well, let's keep things simple Time everything by 5, fdv. Wise Chinese Bitcoin would be, let's say what, like $3 trillion. So if Bitcoin is at $3 trillion, let's say that Ethereum is not happening. If Ethereum goes to basically a trillion in FDV, can chain link go to $155 billion? I would say, yeah, that's actually possible. Let's basically make chain link a top 10 coin. Let me just check something. So let's say $13 billion times 5. Let me just let's basically making chain link a top five market cap coin.
Speaker 2:So let's say you put the link army, the link marines and your super bullish chain link on link and you think the moon case is chain link is a top five coin, market cap and FDV, right. Or in this case, fdv. That means you think link can go to $155, $150. If I go back to our scenario analysis on our token metrics. So I mean now that's the moon case for a reason, right. So in terms of probabilities, I would say, let's say the bear case is, I don't know what, 30% and let's say the base case is 60% probability, I'll take the moon case as probably 10% chance.
Speaker 2:Now, all these are just random numbers, not data-driven numbers. I'm just being subjective here with my own opinion. But let's say there's a 10% chance that chain link can go to that right, if you think that's the moon case. But if that happens, I mean the whole market would have to really make a move and chain link would really have to outperform the market as a whole. Now the question is, how likely is that to happen? So let's actually pull up their site here and just see what changes they have here, right? So basically, chain link connecting the world to blockchains is basically known as the Web3 Oracle and they're the clear market leader. But in what world can chain link get to over $150 and to $150 and FTB? They really have to innovate and the question is can they do that by going cross-chain? Now I know they've been looking to improve cross-chain, change their tokenomics and everything. Let me see if there was a blog on this. So if we pull up the news here, actually, sorry.
Speaker 2:What I want is, yeah, cross-chain by chain link, right, so they call this CCIP. The era of secure blockchain interoperability has arrived, is what they're claiming. Here you have the slogan of basically then talking to Ethereum, arbitrum, polygon and Avalanche, and Optimism, and they're claiming, basically, this will be simplified token transfers, reliable transaction execution, skill of architecture. Now, I'm not sure how bullish I am on this, but I know chain link has a lot of capital. They've been around since the beginning. Basically, for those of you who've been, who's been, who's been since the beginning, you know I was an early investor in chain link back in 2016 in the private cell.
Speaker 2:Now, I unfortunately did not hold that long. However, it's good to see that they're still around. It's good to see that our research was still pretty good, and it's been here for a while, and the question is, though can they really get to top five market cap? If that happens, I think they definitely will have to become the market leader when it comes to on-chain oracles, but also cross-chain. That's something that I would have to do a deeper dive in, but I do think they have the resources and the capacity to potentially do that. If we actually go to defy Obama, let's see how the how chain link is going so far. Okay, so I'm not sure I was not showing TVL here, I guess just for oracles. I guess I actually I'll have to look deeper into this. But anyway, let's actually compare the whole sector here.
Speaker 2:It's competitors. So if we go to Quangeko, you go to link, and what I'm looking for is let's look at infrastructure projects and, yeah, that's the main thing I want to look at. So, as of today, chain link is basically, in terms of FDV, third in FDV Now I would ignore V systems. It seems like some kind of policy or something like that. Well, not policy, but high-float project FALCOIN not the best tokenomics. So out of all these large caps, it does have the most reasonable tokenomics. If we go purely based on market cap, chain link is still the clear leader in terms of infrastructure projects. It's the blue chip of infrastructure projects. Now the question is does chain link make more sense over Bitcoin? Does chain link make more sense over other large caps? So, if you're looking purely on large caps, I think chain link could be a viable choice. Because you're not really investing in chain link for the 100X I'm sorry, because that's improbable. You're investing in chain link because you want something that's nice and steady, that's safe, that's not going to be a local, about 20 market cap project that could. From that perspective, chain link actually does make sense, especially if they have all these new products coming out to go cross-chain and truly become part of the big narrative of chain and multiverse or multi-chains. I think that is possible, right, but if we go purely based on competitors, what I want is actually let me go back here. If we're looking purely at competitors, how likely is that? Currently it's 21st in market cap. Can you suppress and jump ahead of all these? I don't even know why Lycon is still top 14 market cap. I spent around forever, but it's not necessarily the greatest Tron. Same thing, I think, very bullish on polygon. I think polygon can be top 10, top 5. I'm not going to be surprised if polygon Solana let me just go through these tokens right. Bitcoin Ethereum I think. Eventually it's ETH will flip Bitcoin, so it'll be ETH. Bitcoin. Bnb is going to be around for a while. I don't think they're going to be going down, despite all the lawsuits and the fraud. Xrp, cardano Ardoge Solana, I think, will surpass Cardano. Same thing with polygon Poked up yeah, possibly yeah, but I would say my perspective is chain like, definitely top 15, maybe top 10. Please, that's $7.50. If crypto goes through 5 trillion market cap, $47.20x. So that's my take. Let me know what you guys think. Let me check the chat and see how we're doing. All right.
Speaker 2:So, without being sad, let's now segue to the next part of the stream. People ask me for price predictions for a little bit. Maybe later. I'm not sure if we have time for that on the stream. All right, let's go straight to the AMA. So go here and let us know what you think, which question you want us to answer, any investments or projects on the watch list for Tokametrix fund. Hope you're enjoying the summer. Yes, we share that with our customer.
Speaker 2:On the webinar If you're a customer, I highly recommend. If you're a premium customer, I highly recommend you join the premium webinar to get all this alpha we have available. I think this week's stream was literally the most alpha Well, not streamed, but webinar. It was probably the most alpha webinar we've had. We had basically, first of all, robert has been doing well, but we found a project that our funded investment that we think can be a $100x project. It's on a $10 FTV on public markets that we shared with our customers. Now, if you're not a premium customer, we'll have the report out on our research site which anybody can go to. So let me actually pull this up here so we'll have the official research out on this project. But very, very bullish on this project that's researchtokametrixcom. So go here for all the alpha. But yeah, I mean so I can't really mention much on the stream, unfortunately, because it's want to be fair to our customers. But stay tuned, stay tuned.
Speaker 2:Can Akash network go to $100 billion based on your market dominance formula? Thanks, ok, akash, all right, so let's do the same thing. So going to do a price prediction on Akash network To do some project. I think it's got like 70% in quarter view. So right now actually trade rate is very high. It's in a strong buy of 6% Invest the grade also in buy, so very low. Current market cap actually makes this math easier and tokenomics are good, basically almost all the tokens out there. I'm guessing it's one of those mining projects. Ftb is under $100 million, so this actually is looking pretty good. Ok, it's basically a 4X going to $4. Just slightly better than Chainlink by 1X.
Speaker 2:Now let's say it does a lot better than that. Let's say, because this is a low cap, alkyne, it has a higher chance of upperforming the market as a whole. Let's say the base case is it goes to $8, especially in 8X. Now let's say the moon case is it goes to $41. That's like a 40X, basically 41X return. So that's not bad, that's not too shabby. So if it does that, if it goes $200, the FTB is going to be let's just assume the total supply is the same. I'm going to put that in here that's basically $8.8 billion FTB. Ok, so that's reasonable.
Speaker 2:Now let's say, for some reason it just takes off because of, I don't know, a big narrative, ai, cloud computing, because I think people have mentioned how this kind of competes with render. If it goes to $31, that's a 400X return. That basically means it would get 1.81% market dominance. Now, for perspective, if we go back, let's pick some large cap. Let's pick like Solana. So Solana I got to investor and scenario analysis has a 0.8% market dominance. If we do XRP, xrp has basically 2.75% market dominance. So for comparison, if we're saying a Cosh network, it's going to 1.81%. I mean that's basically saying it's like a top 20 product or market cap. If that's the moon case, right. If you're super bullish on a Cosh network, right. Let's actually do Polygon with the market dominance. Now I know I'm kind of mixing the two up market dominance or market cap and FTB, but I think FTB is just easier and more accurate. Yeah, Polygon is just about 1.5% market dominance. So it's basically a Cosh network going to surpass Polygon and market dominance. I don't know about that right. Obviously, that's going to be very challenging.
Speaker 2:Now, obviously, all this can also change. If crypto disc goes super parabolic and market cap goes from a trillion not to 5 trillion but 10 trillion, Then basically double all these ROIs right, but that could. I don't know how much ROIs right, but that could. I don't know how feasible that is. I think 5 trillion is more probable. I think that's the base case right. Bear case 3 trillion. Base case 5 trillion. Moon case 10 trillion. So basically, we're looking at I think, to be fair, by summer 2025, I think a Cosh anywhere from 7x to 40x is what I think would be reasonable. Anything above that is basically gravy cherry on top. Now it could happen. Obviously, it is crypto. Anything is possible If we can decide.
Speaker 2:It says sovereign infrastructure that scales open source, super cloud that lets users buy and sell computing resources securely and efficiently. So, basically, if you think of the cloud and cloud computing and if you think this is really going to be one of the big leaders of the space, actually, let me see if we can get any on-chain data for this. So I don't think they had on-chain data for Cosh. No, they do not. Let's try a different side. Let's try Dune Analytics. I don't know if they have any dashboard on Cosh. They do not, is this it? Ok, let's dashboard is empty. Let's try something. I have some network. I have to network analytics. Okay, I'm not really seeing much here on that, but I mean in terms of how this is gonna fare versus its competition, right. So we'll go here to Akash 2151 in market cap right.
Speaker 2:So the moon cases it goes to top 20 market cap. Okay, they don't have many, all right. So if this is the AI play, is this the Cosmos play? Obviously we're both on the Cosmo ecosystem. What are we looking for at AI tokens right In terms of FDB, the biggest ones are BitTensor good project, great tech, but token-wise it's nothing greatest.
Speaker 2:I would turn a quarter view on this. On our site it's currently at 1.4 billion FDB. We got render slightly under 900 million. Ocean protocol under 500 million. Akash under 400 million. Right, if you go by market cap, render is the biggest singularity than Akash. So basically, if you're very close from the whole AI space, render is a potential token in the space to add to a portfolio. But the ones we like here, I mean we like that, we do have that in our portfolio. On the fund Akash, I don't believe we do. In fact, we used to have what we got out of it ocean. We have. But I mean those are really are the tokens right now in terms of AI. But that's basically the price prediction. I think potentially, akash goes, mooncase goes to 40X. It goes to we said about $41. That's the price prediction.
Speaker 2:Let's see here CKB is it a shit coin? Ckb is not a shit coin. It is legit. We have looked into it. I'm not gonna add that in a portfolio. I had to. Maybe this is a different number. It's a different one. Let me just double check. Let me close all these other. Actually, no, this is a different one. But this was a different Chinese product, asian product group we had covered. But okay, I'll just CKB real quick.
Speaker 2:So, looking at our platform, tradergrade is in a strong buy up over 60% on TraderGrade, which is actually very good. Let me get back to the trading signal. It did turn bullish August 7th but if we go to the long term because we're trying to do a long term price prediction for somewhere 2025, it's also in the buy 70%. But if we go to scenario analysis, right, so it's clearly 0.01% market dominance, market cap of $100 million basically. So actually not bad. So not getting a total supply number. So we'll use market cap. Keep it easy. Crypto goes to $5 trillion market cap by somewhere 2025. Because it's a very low market cap, it's gonna have more upside. So I'm gonna be a lot more aggressive with the forecasts that I would with a chain link, because that's the top 20 market cap. So let's say it goes to $5 trillion. It's gonna add 0.003 cents, right? So let's say it goes to.
Speaker 2:Let's say this is the bear case 0.01. So let me do this math real quick. So we're looking at a 5x as the bear case If it goes from 0.01% market no current dominance to 0.01,. Basically, does that coming out right? Why is that? I'm not sure what's going on here.
Speaker 2:But anyway we're looking at basically about a 5x, I guess. Yeah, because this is rounding or not showing all the decimals. But basically, yeah, if we do that, let's say it goes here, it goes to 0.04%. Let's see, looking at the base case of a 20x, right, and I think the moon case would be 0.83% at $1.25. I mean, this is going to be a very high number at a 400x return. Now I think this is a better way to kind of model this out, because this is a low cap at a 100-month-old market cap. If this starts moving it's kind of rip. I'm not giving this a fundamental or long-term value per se, but I'm saying the price prediction for a low-cap altcoin like CKB, a nervous network in terms of the bear case, the base case and the moon case, has to be drastically different and higher than a large cap. That's already the top 20 market cap. So, if you like this project, I think you're basically looking at the moon case 10% or less probability of happening, but if it does happen, this can do a 100x return.
Speaker 2:Basically, and I think what we said about 20x is the base case and then 5x is the bear case. So layer 1, built from modularity, built on risk v and secured by proof of work. Basically, I want to enter upper layer 1. Do we have the list of? Ok, but I'll share this again with our team. I think we looked at this a while back but definitely worth researching again. So let me actually check with our team. But I mean, if you like it and you're a permable or you're super bullish, I would say 400x is your target. So in terms of how you would play this as basically bear case, if it goes there, you either take profits or you double down.
Speaker 2:If it's still early, I would say by summer 2025 is when you got to take most of your profits off the table. But let's say it's just summer 2024, and it's down to 5x and we still have 12 months of a bullrock because we're targeting summer 2025. I would say you double down. Not financial advice, but I would say, if it was me and I would double down, buy more. If it goes to the next target, buy more because you want to double down on the winners, you want to let the winners ride. So that's the strategy I would employ, but that's the price fiction for CKB. So thank you for that comment in the chat. All right, so let's go back to the AMA here.
Speaker 2:I'm hearing Devs talk about Web3 blockchain games going fully on chain using layer 3, such as Abertram Nova. Any thoughts? Yeah, gaming is going to be a big space for, I think, the next cycle or the next bull run. Obviously, we've been looking at the space very actively. We have made two investments with TM Ventures in gaming. Our portfolio is public. Let me pull that up. Why is this not? So I'll just go to Ventures, venturescom Cycle. I'm going to pull them up here. So we've got Game Swift, which is already doing well. It's done at 20x in a bear market and the other is actually MyPet Hooligan, which has not actually been updated on our portfolio page yet. I think they're still fundraising and all that, but I would definitely keep an eye out on that, mypet Hooligan.
Speaker 2:OK, this is basically their website, their Twitter, so Game Swift have covered before on the stream People thought I was pumping my bags but I mean, alpha is alpha, it is what it is right. So we got in at $12.50 and their, I believe, seed or pre-seed round. It's currently slightly under $200 million FTV. So it's done pretty much very well and very bullish on this and we think this can do even more in a bull run by summer 2025.
Speaker 1:I think this is going to be $100x.
Speaker 2:I called it calling Glass, calling Bank, kind of like in basketball, but $100x easy, good tech. It's got like an 87% code view $12 million FTV basically, and it's already done more than a 10x in a bear market and this is still way more undervalued than Immutable X. So, in terms of gaming, their biz-deaf is really good. Reminds me of Polygon. This is also a team from India, but if you just go to their Twitter or their Telegrams, they're always putting out news. Let me move all this stuff but they're literally putting out news every single day of partnerships. They're doing so in terms of gaming. It's basically a ZK infrastructure project or blockchain For any of those. I want to build better games. I'm not going to go into the technicals of it, but definitely, I think, worth watching. Let's look at all these videos. These are games that are happening on Polygon and Game Swift. So if you're really into gaming, I think this is going to be a huge, a huge one, just looking at the game and the quality of partnerships they have. Basically, it says you guys can just go to the site, just Google MyPetWho again. So this comes from an animation studio, I believe, in LA. They're also partnering with Polygon. Polygon is doing a lot of stuff in gaming. Their masters include R-Find, polygon, doft-duddle, bitcraft and others, but I think it's also a game to watch. They had NFT sales in the past and they sold over, I think, 20k in NFTs or 20K ETH in NFTs Don't quote me on that. They do have a wait list here, but they're already trending on social media. So where do you know they're going to do well once they launch? They have over 90,000 followers here on Twitter and basically, yeah, just come here, check them out.
Speaker 2:These obviously are the two products we're bullish on. Their FTB, I believe, was $25 million they basically had. I'm sorry they're doing an extension round, but just look at the gameplay quality. So I think, if you're bullish on gaming, I think gaming can definitely do well in terms of L3s, in terms of where it's happening, whether it's Arbitrum or a change building on Arbitrum. One of the chains that last cycle in the bear market had lots of gaming projects was Avalanche Avalanche subnets. I'll keep an eye out for that for gaming. But I think it does a gaming if we actually go to the whole sector here, all right. So we've got a gaming GameFi, the products, apecoin Although I saw it most of my Apecoin. I'm still bullish on their metaverse. That could be a huge narrative push for gaming. Actually, not so much.
Speaker 2:Maybe Immutable X good projects, tokonomics are getting better. I think they do compete with GameSwift, but GameSwift has a lower FTV and valuation so it does more upside and then we risk you have all these other games right Now. Basically, immutable X is basically open up for gaming and kind of same with GameSwift. But those are the ones I'd be looking at Now in terms of L3s becoming the way. For that, I think it has to be more than an L3. You have to have actual infrastructure, you have to have the tooling, almost like an SDK. So if we go back to, let's kind of compare the two. So I want to go to do I close the tab Like we'll do GameSwift right.
Speaker 2:Having this in L3 doesn't make sense. You have to have all the tools, a full suite, to help you build games easily, more efficiently, and I think GameSwift is doing this right. If you kind of go here and see everything they're doing, then even the other competitor I mentioned, immutable X. So if we pull up their page, all right. So I think it has to be more than just I don't think this on an Arbitram L2, because you can do that but you have to do build all the suites around it. So let's say you use OPS, stack or some of the chain, or Arbitram I think it's called a DIT, nova or whatever it's called for building other L3s. You don't have to have other tools around that as well. Okay, so I think it's more than just having an L3. You have to have the right tools. Is API 3 a valid competitor to Chainlink? Not really. All right, I'm free to go to let's try to chat, but let's try this question.
Speaker 2:Excuse me. Let's compare Chainlink to AP3 to totally a virtual project. All right, so then we have the same investor grade, but API 3 has a lower FDB by a lot. Let's actually compare the tech. Okay, so in terms of the tech, I was giving us a description on the actual metrics. I can definitely give that anyway, All right, we'll do this manually.
Speaker 2:So if we go to API 3, it's up 8.5%. It's in the buy trading wise FDB 140 million, basically market cap under 100 million. If we go, we have valuation fundamentals. Okay. I mean, if we compare API 3, current market dominance, kind of the same thing 0.01%. If we think crypto is kind of 5 trillion market cap long term and it's currently at $1.14. Once again, I think bear case, we would be serious. Let's see In bear case.
Speaker 2:I say we're looking at basically about $7. If it goes to 0.01, 2% market dominance, that basically about a 7x. And if it goes to 0.04%, basically looking at about 23 bucks, about 23x, and then from there the moon case, 0.8%, 400x. I don't think that's possible. Let's say, if it goes to basically $470, and crypto stays at 5 trillion market cap and it gains 0.8% market cap. Now for perspective. I think we said was it Solana? If I go back to Solana and there's a new analysis, if it gets the same market dominance, I can start on. My screen is blank. I cannot show what's going on here. Let me okay, I'm back, sorry about that.
Speaker 2:If it goes to, basically if I get, solana is a top 10 coin, top 10 market cap coin. So if we're saying, what are we talking about? I lost my train of thought with the interruption. Let me close these tabs. Yeah, api 3. Can API 3 become a top 10 coin? If it does, let's say you believe that's going to happen and market cap goes to 5 trillion for all of crypto, that basically means it's going to go to $470, essentially, which is a $400 return. Is that possible? I mean I don't really see it. I don't think. I mean it's a good project. I don't think it's that good. I mean that's highly, highly unprobable or not likely to happen. But I would say anything is possible in crypto. Right Now are they going to be on defi-lama API 3. Api 3. What?
Speaker 2:categories now Oracle yeah, I mean, we're not really getting much here. I thought they used to have Oracle data Oracle's Okay, yeah, so we can actually look at a number of protocols secured. You can look at what is TBS, this total value state. We got Chainlink with over 300. We got Peth Pwife I'm not sure I pronounced that T-wob internal DIA. So API 3 is number 14. Well, protocol secured, so, and they have 9.7 million. Okay, so if we go to Chainlink, chainlink is basically almost 13 billion. So, based on this metric, api 3 is 19.
Speaker 2:So the fund index opportunity I don't think it's going to happen unless they completely change the game. If anything, I think that might go from 19 to maybe 10. Maybe, let's say, top 10. They'll put them at a DIA level, right, but basically that's that. Okay, let me see something. Okay, looks like I didn't get something here. Yeah, but it's not really so. They were working with QuickPurps, montiswap, mienfinance and Shurikai Purps. Yeah, I'm not seeing the product X, but if you like it, that's the main case for that.
Speaker 2:All right, let's maybe do one last one, then we wrap things up. Okay, bitcoin surpass yeah, let's not believe Bitcoin Bullish. On Injective and Cosmos Reads Projects yes, very bullish. Avalanche development seems to be picking up more so on the gaming side, where do you see it going? Will new L1s replace it? Actually, I'll do maybe two, then we wrap things up. Two more price predictions. Okay, all right.
Speaker 2:So we've got Injective, injective protocol. Where is this going to go? So let's do the same thing. We've got a TokoMetrex. Definitely, make sure you create your free account. Now, to do all of this, you'll have to have, I think, a premium account. So this is not part of the free account, but we do have a free trial for one week and we also have a coupon. Tokometrex, gpt, all caps, one word, which gets you 25% off. Currently, in the buy zone, it's at $7.65. Fdv is $7.65. So basically about the same 100 million tokens, good tokenomics, which is good.
Speaker 2:Now let's go to scenario analysis. So current dominance is 0.05%. So where it is now? So, basically, from $7.5, I think crypto goes to $5 trillion market cap by summer 2025. We're basically looking at the bear case and let's say it goes to $47, because it is a pretty large project. $7 would be the prediction, which is basically about a 7x.
Speaker 2:Now let's say it does even more, because that market share goes from 0.05% to 0.07% or even 0.08%. Let's say like 50 bucks. It's basically like, look at 7x, 8x actually. But let's say base case, it does even better. It goes from 0.05% to 0.10%. That's basically 63 bucks, which is basically like a 9x.
Speaker 2:Let's say you actually think it's going to do a lot more. Let's say base case is 0.26% market dominance. We're looking at $158 for injective. That is basically going to give us if I just do this quick math here, let's say you're that's not happening, let's do $315, basically Now, 0.5% market dominance. I think that's more realistic. So all these numbers stay the same, depending on the FDV and the range. But we're looking at a 40x return as the moon case and I think that's possible If it goes there. We're looking at what FDV that's basically $315 billion FDV Is that adding up right Now? Basically put it at the top 10 market cap 40x.
Speaker 2:But I think now, if crypto does even more, obviously these numbers can be changed way more. But for perspective, I think that's reasonable. Now, if we actually compare, is there a same network? Because basically all these DeFi app chains or DeFi L1 blockchains, the same network is going to. I think from a technologist perspective, the top products for DeFi L1s are the same network. The last one is at $800 FDV in the private sector. Then you have a tie between radix and injective. So let me actually ask our chatbot here I'll say compare radix and injective protocol.
Speaker 1:Let's see what it gives us.
Speaker 2:Okay, so radix investor grade 65%, injective 73%, better Sortuna ratio and a lower FDV. So basically, our chatbot says injective protocol appears to be a more promising option for long-term investing. Not trying to show advice, of course, I was really breaking this down, but yeah, I mean kind of the same thing. I figured right and I'll tell you why. Technology wise, they have the same core to view. And if we, yeah, same core to view, we scored 83% with our blockchain engineers, which is upon the research site, but FDV for injective is under $800 million. Radix is over a billion, 1.2 billion. And then says $800 million.
Speaker 2:Now says doing some kind of launch, pull on Binance, and I assume when they launch it's going to be way bigger because Tuck is better and they have bigger backers. So I'm guessing let's say that our launch is at $3 billion FDV, maybe even higher, who knows right. But I mean, say that where it can be, although they're not here yet, right, if we go to, let's say, arising tight, lift-solve boats, and so let's say it goes to say it can get top 10 product FDV-wise, all right. So let's say that happens, and so top 20, definitely top 30, I think. Let's say it's Now, I don't have the tokenomics, okay, all right. Basically it's going to be on the Avalanche scale, right. We're looking at basically about $3 billion, $4 billion FDV, but in this case we use more kick up. But I don't think they'll really launch that high in terms of market cap, right, because otherwise where's where's arbitrand, arbitrand is 1.4 billion based on the market cap Optimism, 1.1. So I'm thinking it's going to be more like.
Speaker 2:Obviously this will depend on the actual tokenomics, but I think it's the top 20 product FDV-wise. So, but if that happens, right, because radix is 1.2. And then you take that and they do well. So let's say it does, let's say what, 40x? Then I think that everything else does 40x. All right, and maybe out of all the three, I'm more bullish on injective because the tech is pretty good and it's been in the market for a while and it's more undervalued, as our chatbot says, and historically it's performed pretty well. Even in a bear it's done pretty well. If we go to the actual performance right the last one year, radix is done. It's down 20%. Basically, if we go to injective, injective has been in a bearish market, so I think in the bullish market it would do even better Right. So, 62% in the last one year Since the beginning of the year.
Speaker 2:Right, went from $1.42 all the way to almost $9 basically, so almost a 9x in a bear. So in the bull market it might do what it could do. So I think it's a different one to watch. All right, I think I had a last one, which one was the avalanche. Where can avalanche go? Honestly, I'm not really. I do have avalanche. I have been staking avalanche. I think they really have to find a way to get new developers, because if we go to developer report, let's actually see how they've done. There are other competing avalanche, so avalanche has lost almost 60% of the developers. Right, 50% of devs in the last one year have left avalanche. That's pretty bad. So, basically, I think, after all the Olympics, dow Forks, time Wonderland, which I got, recton unfortunately they haven't really recovered. That was a huge rock ball and they have about 70 full-time devs as of June 2023, compared to other blockchains. Right, it's done really there. So how do they compete with all these other L1s, right? So they have to find ways to get developers on board, because they really blew up last cycle. They did a 40X, but nowhere close to what Solana did, so I did a thousand X return. So I think avalanche was 40X, I believe I don't know how many of you are familiar with that. But they become an EVM, getting Ethereum devs on board. But now the space is more competitive. I don't see how the whole EVM narrative on avalanche is going to do well when now we have optimism and arbitration right. So avalanche needs more competition or just has to find a better way to get developers, because just having EVM subnets is not going to get devs when they can launch an arbitration or optimism or polygon now with lower fees, so that arbitrage is gone Now.
Speaker 2:We did actually invest in a project that's building a move-VM Because we think the move ecosystem is going to do well. Move is very popular. It's a rising and trending language, kind of like Rust with Solana. So if we actually go to the big gainers we've got Aztec and we've got Sui, which is move over 400% growth in developers, full-time devs in the last one year sitting with the Aptos, almost 200% growth in developers. So move. Or, if I pull up, if I go to actually our TM Venture site, do we have it here? Actually, we did add it here. It's a modular framework to build and deploy move-based infrastructure applications and blockchains in any environment. So imagine having kind of like an L2, a modular L2. Imagine deploying move programming and move on avalanche subnets via their L2. Or imagine programming and move on Ethereum. So very, very interesting project.
Speaker 2:We'll likely do an interview with them, probably sometime next month or close to September. This is actually their actual website. Let me pull it up. Yeah, movementlabsxyz. I'll definitely keep an eye out on them.
Speaker 2:But I mean we're bullish on the move ecosystem, just based on developers growing. Obviously it's not working with Ethereum. We're not saying it's going to surpass Ethereum, but we think there's some potential alpha in that ecosystem if developers are gravitating there. So we got Sui, aptos, aztec protocol as well. I was kidding yourself, because there's only four devs. So we got Sostya as well. We got Radix here, 17. But anyway, we're talking about avalanche, right? So, going back here, they have to find a way to get devs. So we actually went to their conference in Barcelona I think it was what two years ago yeah, about two years ago and most this was still in the bear market. Most devs there were building gaming projects. So I think that could be something. If gaming takes off which we didn't get, it would but revenue. We haven't seen many gaming projects since then on avalanche. But I mean we definitely have to check the roadmap and see what they're doing.
Speaker 2:But I mean they growth. That's first and foremost right. So back to your question where is it going? So let's actually do a price prediction. Let's go to token metrics and go to investor grade. It's currently counting. The buy FTV is about $9 billion. Good tokenomics, although it's not really adding up here. Basically, we have about yeah, it's not adding up here, but I have to talk into liquid. Now let's go to scenario analysis. So it's currently 0.35% market dominance.
Speaker 2:If crypto is going to $5 trillion and it's currently at $12.42, let's say the bear case is because this is an L1, and it's already kind of done. Well, I think this can bounce back. So let's say it does that. I would say let's actually say it goes to 0.52%, From $12 to $76, about 7x, I think, is the bear case. So one grand turns to seven grand on avalanche by summer 2025, if that's the peak of the bull run. Now let's say it really starts to take off and L1s, when they take off, they take off, they go parabolic, as we saw with Solana and even Ethereum has done in the past. And because this avalanche has only had one bull run cycle, let's say they have the second and they do it pretty well because they have a lot of capital. So let's say they just deploy that capital into projects, into funding with grants.
Speaker 2:So it goes from $12,. Let's say it goes to what? $102? Adex? But let's say it goes to 1.7%, which is actually reasonable. Actually, for comparison, what had 1.75% to market share? Give me one second, Let me go back here. So the other large capital we wanted to compare was, I mean, was it XRP? So, scenario analysis, XRP is actually 2.7% and is fifth in market cap. Let's say Cardano, right, no, people love Cardano. All right. So if we go to investor grade, scenario analysis, the current is 0.85%. So it's actually going to be a better comparison. Let me go back. I guess what it would be.
Speaker 1:Yes, we could top five top 10.
Speaker 2:And an advantage right now is it is top 20 market cap. So let's say, if it gains the market share and we said what we said it goes to 1.75%, 255%. That's like what about a 20X? Let me do this quick math, because these numbers typically end up being about the same In terms of the ROI. If it's the same, yes, actually 20X. 20x for Avalanche we're looking at basically 255. Now the moon case. Now let's say you think Avalanche is coming up, christ, and you think this is going to surpass Ethereum, surpass Solana, because actually, let's compare this, let's say you're the biggest bull for Avalanche.
Speaker 1:Even.
Speaker 2:Ethereum. The market share is not anywhere close to that. It's like 19%, I believe.
Speaker 2:Yeah 18% dominance. But let's say you think Avalanche is it, it's the next, it's going to flip Ethereum, maybe even Bitcoin, because Bitcoin dominance if I actually go to that right now, I want to give all the perspectives Bitcoin dominance is 46%, so it's Avalanche negative. 35% not likely in my opinion, because that would just be ridiculous. But if it goes to 500, that basically is a 40X. But let's say it does even more, let's add an extra, let's go goes to 1,500. That's a 120X. Is that possible? You'd have to really, really bullish on Avalanche, but I don't really see that happening now Because, yes, they do fit the narrative of cross-chain, multi-chain, but the space is very, very crowded. Developers are not there right now. So for me, I would keep it at 40X, maybe like 50, 60x if you're really bullish, all right. So that's the analysis. Let me see what else we have here. Let me check the comments.
Speaker 2:I think that Casper might have started a narrative. Yes, it did. Perfect for work, coins again, fair launch, launching again, doing well, all right, yeah. So, with that being said, we're going to have to see here. There, we think 100X, we'll leave it at that. That's the alpha, all right. That being said, thank you everybody. Limit to the moon and beyond. Thank you everybody. See you next week. Thank you.