Token Metrics Daily Podcast
Listen to the Token Metrics Daily 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
Low Cap Altcoin Gems for August | Token Metrics Live
Get ready to have your crypto world-view expanded, as we traverse the fascinating terrain of cryptocurrency markets, offering some exciting price predictions. We also bring you updates from a host of podcasts we contribute to, such as Token Metrics Live, Crypto Investing Guide, 100X Show, and more. Stay tuned as we dissect our trending coin of the week and have an intriguing interaction with a chatbot on Immutable X, Render Bitcoin, and Cetus Protocol.
Ever wondered what the future holds for Bitcoin and Immutable X? Allow us to guide you through an in-depth analysis of these platforms and others, such as AIOZ, Marshall, ShopX, and UniX. We'll share our predictions, and candidly discuss the long-term prospects of these projects. For the crypto enthusiasts seeking cutting-edge knowledge and strategy, this episode is for you.
Imagine, just for a moment, the exhilarating thrill of timing the crypto cycle perfectly and reaping a million-dollar success. This is not as far-fetched as it may seem, and we'll share exactly how it can be achieved in this episode. We'll also compare the number of full-time developers across the three major ecosystems: Ethereum, Pocodot, and Cardano, offering insight on where to put your money. Don't miss out on this golden opportunity to elevate your crypto knowledge and investment strategies.
All right. Hello Crypto Family, tokamitrix family Welcome. Paulia is on the delay. We're testing out a whole new streaming platform. Hopefully it goes well. This one will allow us to do live streams but also bring in people directly into the stream. So imagine us having a live AMA with people coming on like a live call-in show. We're very happy for that. All right, so hope all is well. Happy Friday. Welcome to Tokamitrix Live. We'll go through and we'll cover all the updates in the crypto market, give you price predictions and then we'll do the AMA at the end. Definitely make sure to follow us on social media on Twitter, on YouTube, instagram, facebook, linkedin and podcast.
Speaker 1:We actually have changed the link for the podcast. Let me actually bring that up here. We have now podcasts for all the different products we put out there. We have a podcast for Tokamitrix Live, available on Apple, spotify, google, amazon. Here. It has basically all the podcasts, the most recent ones. We have also one for Crypto Investing Guide. This is basically from the book and this other educational content about crypto investing, so think more like strategies for investing. Then we have the 100X show. I recently just did an interview with Joystream this one of the founders of Joystream a project I'm very, very bullish on. I've called it the next helium not financial advice, of course, but it was a great interview. It's coming out soon, so I would highly highly encourage you subscribe to the podcast to get that both on Apple, spotify, wherever you like your podcasts.
Speaker 1:Then we have crypto hidden gems, so taking all the content we're putting out on our research site and making this available so you can consume this on the go, giving you the hidden gems, potentially the next 100X opportunity in crypto. Then we have crypto deep dive as well as a podcast. So we're putting out lots and lots of podcasts. Crypto Minute as well. So if you want to consume soundbite clips of crypto basically from 15 seconds to a minute long this I highly highly encourage you join this as well. Crypto Code Reviews for those of you who want to get the technical data to see what projects that technically sound. So I highly encourage you to join that as well. So, all in all, I think that's seven podcasts. So I think this makes it a lot easier for people to consume the content we're putting out, because before we had everything basically just on YouTube, but now we're putting everything out as a sound podcast. So for those who want just crypto minutes or just the code reviews, or just the deep dives or hidden gems or the 100X show. This is how you can get that content on the go. So to go to that link, just go to tokenmetricscom slash podcasts Tokenmetricscom slash podcasts and you will get access to all the podcasts we have out there. So that's the spiel there.
Speaker 1:Let's go back to the Mentimeter. So if you want to submit questions for the AMA, go to menticom M-E-N-T-Icom the code is 4354079 or just scan this QR code that's 4354079 to submit your questions. All right, let's continue. So this is the agenda. We'll go with the flow. Might make a few changes here and there. Now let me check in the chat and see how we're doing Before I go to coin of the week. We've got Bull Runner in the building. Hello, hello, good to have you here. Alpha Diallo long time. No see, man. Good to have you here.
Speaker 1:What are your plans for Africa? No plans at the moment, but we'll definitely let you know things change. Might be there possibly for a wedding, but other than that, that's basically. It. Hit the like button. Let us know how you feel about crypto right now in this market, hopefully bullish. Let us know down below in the comments.
Speaker 1:Pitch says game stuff's still 100x. Maddox, goodbye 100x. If you got in at 12.5 million FDV. Currently I think it's done at 10x. It's come down from a 20x because before it was almost 200 million FDV, now it's down to, I think, 120 million. Last time I checked, but I think it goes to 1.2 billion and more. So, from that perspective, yes, it's 100x, but not everybody got that price. But those who followed our research, you could have gotten that price because they had a Bybit, idl and they had a Spartodex Launchpad event or IDL, but basically bullish on it for the long term.
Speaker 1:Bk Crypto in the house. Thank you in the building. Good to have you here. Money man, what's up? Hi, from my Lagos, nigeria, good to have you here. All right, everybody, good to have you here. All right.
Speaker 1:So let's go to trending coin of the week. These are trending coins from social media or platform everywhere. We kind of curate this and we ask you which coins you think are trending the most or which ones do you think are the best trades in the next coming week. So we've got the options are Immutable X, render, Bitcoin, cetus Protocol haven't heard of that Bonchiva, swap and Rockdown yeah, the last three I would not touch. I've been not to poo poo them, but basically I'm poo pooing them. Let's get us in a very smart way. We have to be very, very conservative with our risk, all right. So let's start with let's actually ask the chat bot what it thinks. Right? So, immutable X Render Bitcoin. So let's actually test out Tokamintx GPT.
Speaker 1:What do you think about Render Bitcoin and Immutable X? Elaborate on both the fundamentals and the technicals for long-term investing and trading. Actually, we're doing just trading, so we'll keep it for short-term trading, because we've been making some updates to the platform, picking all your feedback. And, by the way, if you use the coupon code Tokamintx GPT all caps, one word, no space you can get 25% off of Tokamintx. So I highly encourage you go use that while it lasts, because we got Bitcoin, we got Render. We didn't get anything for the. We didn't get anything for Immutable X. Did they change to just Immutable?
Speaker 1:Ok, so Bitcoin, basically, fundamental grade of 65%. Technology 85%. Trader grade not so good 16%. Wow. Tn grade 9,. Trader grade for Render is 14. So these are not looking good. Now we'll just keep on hearing a lot about Render. Maybe we can delve deeper into that. Yeah, so there's nothing. Ok, now it's founded. I'm not sure why I missed that. So all these are not really looking too good, but let's now. Sometimes there's a delay between the data on the chatbot and the data on the actual platform, just to kind of maximize resources on the server side, but let's actually pull this up on the platform here. Yeah, immutable X is not. Oh wow, actually it's trending now. So, although the grade is low I'm not sure if you guys can see this, let me try to make my screen bigger here yeah, so Immutable X is up over 85% almost 85% in trader grade. So it's still in the cell, but it's trending up. So something's happening.
Speaker 1:1.13 FDV more than 50% of the tokens are liquid is still in a bearish trend, which is not good. But outside of that, though, if we let's actually try to do maybe a price prediction on this because I know people who want price predictions and that seems to be popular, so let's actually switch over to Investor and see where it sets. So it's currently at $0.56. Market cap is $6.35 million. Market dominance is 0.06%. So, if we think crypto by summer 2025, which I think is the top of the bull run, because that's 15, 16 months after the Bitcoin halving which happens next year, april 2024. So Bitcoin, or crypto, goes to $5 trillion market cap, from $1 trillion to $5 trillion, 5x, and it's currently at 0.06. So basically, around here, if it just stays where it's at and does nothing, it's going to $255, which is basically going to give us.
Speaker 1:Let me pull out my calculator here Uh, we should just put this on the site, it'll be a lot easier. Uh, 2.5, and it's currently at $0.56. Especially, 3.5x. So that's not good. Now let's say it does more than that, right? Let's say it goes to 0.11% market dominance. It goes to 5x10. That's basically an 8x. So this really has to like if you're expecting alpha from this, it has to really really blow up. Let's say it does a 10x in market dominance. Let's say for some reason, it's just that guy or gal. Let's see here If it goes to 2551, that's a 44x.
Speaker 1:Now the question is, can they actually get there? That is where we go to our trust, your friend DeFi Lama, to look at the on-chain data and see how it's doing now and where it can go. It's a mutable X. Currently they got 36 million in TBL. All-time high was over 220 million. I'm seeing OMI migration. Not sure what that was. I guess they forked or they migrated something. They had them under NFT marketplace actually, which is interesting, and that's what they would tag it under If we compared them versus other competitors in the space. So they're number two in terms of NFT marketplaces with their own chain. It blow hairs about twice as much TBL, but I would think they would be also underchained. There's basically a gaming chain.
Speaker 1:This is why I'm very bullish on GameSwift. Imagine GameSwift. So right now, in the bottoms of the bear market, pre-bitcoin, helping Mutable X is basically 1.1 billion FDV. If they do a 10x plus 12 billion, I think GameSwift can capture a market share. Obviously, I don't think it's going to surpass Mutable X and FDV. If it does, that's like a thousand X, but let's not get ahead of ourselves. If it gets just 1.2 billion, that's 100x from the low price, but anyway, I want to compare it. It should be here as well in Mutable X. It is not here, but anyway, now what I bet on Mutable X. I think it's a nice, decent investment. I don't think it's going to do 100x. I think it's going to do anywhere from 5x to maybe 50x. That's the range I would give it Because it's already a large cap. It's already over a billion FDV, so I would not expect this to be a huge home run. I would say 50x is probably the limit. Now if we say if we go to Render, render is also a very large, strong sell. So trading this right now is not really the time to trade this. So we're actually going to skip that and go to Long Term. So Long Term is in a buy, fdv is under 800 million.
Speaker 1:Good tokenomics has the AI narrative and cloud computing narrative. Actually, let me ask the chat about something real quick, because we've been getting a lot of people saying Akash network is similar to Render. So we'll say compare Akash network to Render and elaborate in details. Let's see if you can answer that question. But Akash network has a lower FDV. Render is better tech but higher FDV. So the question is what exactly would you? You're just going to get me what I wanted. Anyway, still a work in progress, still in beta. But actually, if we come here because Render has that AI narrative really helping it out, I think that's going to be big because OpenAI is not going away. Ai is really the biggest innovation ever in terms of technology.
Speaker 1:So, looking at this 5 trillion if we go to from 0.5 to 0.5, looking at basically $67 for Render, so from $1.46, basically the same thing 50x. So that's the quick way of looking at this. So it's basically this is a 50x. 0.5 percent is 50x for this. If it goes to 10 trillion, which I don't think it's going to do, that's 100x. Now let's say, for some reason it goes to 5%, that is, at 5 trillion. Wow, that is over 500x. Really, hold on. So that's from 672.68 minus 146. Yes, for 60x. Basically, now, is that possible?
Speaker 1:Highly unlikely, because if we take the top three, let's take some of the cryptocurrency. That's large, I'll do. Let's do Binance, right, bnb this is going to give you a comparison right? So Binance, bnb's market cap is fourth. It's market dominance is 2%. So it's basically going to be a top two market cap. Quite highly unlikely. That I would not really go with. So 5% dominance is not realistic, honestly. But maybe somewhere in the middle, maybe between 0.5% and 5%. So basically it's somewhere between $60, $70 and $670. That could be that I would call the moonshot.
Speaker 1:Now, if we go to Bitcoin, where is Bitcoin going?
Speaker 1:Number one in market cap, trading it right now. It's really not the time to trade Bitcoin. It's in a strong sell. Trader grade is going down. So, out of all the three, middle of X has the best trading opportunity and that's only because, if we go back to trader grade, its trader grade is up almost 85%. There's something happening, there's some kind of reversal happening in immutable X. That's the big thing I would be looking for.
Speaker 1:But okay, let's go back to Bitcoin. Let's try to see where Bitcoin could go long term with a realistic price prediction here, real quick. So it's currently 46% market dominance. Basically, market cap is about half a trillion and so if we're going to 5 trillion, we're looking at basically $119,000 Bitcoin. So that's basically what we're looking at. And let me do quick math from the current levels, that's basically 3.6X, less than a 4X if it just maintains the same market dominance.
Speaker 1:Now let's say Bitcoin. We have Bitcoin seasons that go in waves, right? So let's say, for some reason it goes to almost 70% market dominance, which has happened in the past, right? We're basically looking at a price of almost 180K Bitcoin for less than a 6X return on your money. So it's not too good. And let's say, the low ends up being almost 60K and that's really not good. So we're basically looking at 1.3X, but I think Bitcoin next cycle is definitely going to go over 100K. When I say next cycle, I mean post-housing, so post-April 2024. So we're looking at basically anywhere from 60K to 180K, 180k being high, with the most realistic being 120K.
Speaker 1:So this is why I don't own any Bitcoin. I mean, technology is great, but 2.6X is not going to be life-changing money. Okay, I mean, that's basically a stable coin. I mean, heck, even stocks are doing pretty well, nvidia. So if Nvidia is just ripping, do you want to be in Bitcoin?
Speaker 1:Anyway, I digress, but let's go back to the presentation and see what people say Immutable right, so something's happening with that immutable. Now I'm not actually checked in news. Let's see. Maybe there's something happening on Twitter that's causing all this, all right. So let me also check the chat to make sure things are doing well, all right. Yeah, definitely smash the like buttons if you're enjoying the stream Telefrent to Telefrent that we're live and not being on the stream as a financial crime or crypto crime, all right. So the immutable ZK EVM testnet is now live. Welcome to the true home of gaming on Ethereum. Doing a great Word 3 game has never been easier. Wow, okay, that's big. So now they're getting well, the voice has been in gaming and ZK EVM, but now they're actually going live. So this seems like this is the fundamental catalyst is causing this to do well, which now makes me want to do some further investigating.
Speaker 1:Let's try doing analytics. Let's find a ZK EVM dashboard. Okay, is this the best one? Let's see. I'm looking for one that would have. This is polygon. I don't need polygon. Okay, I'll just do ZK.
Speaker 1:Let me try these two. Okay, we've got ZK sync errors, darknet, polygon, zkvm looprank. So ZK sync is killing it. Then start net. They don't have immutable X. Let me try the other one. Okay, this one is even worse. Let's just do immutable. It might be better to just search for an individual dashboard. So let's see. So they've been growing in total users Transactions not much versus December 2021, but there's a huge transaction here. This seems to be daily, okay weekly active users, so it's not quite growing. Well, let's try a different one. I'm not looking for the token, though that's the same one. Okay, let's try this again. I'm not really getting much in terms of dashboards, but anyway, I would definitely concur with the crowd.
Speaker 1:Immutable X seems like the best trade for this week. You have a huge, fundamental event happening ZKvm testnet. This is what the AI is picking up. I would definitely look into that. Let's see if we can learn more about it. Tell me more about X. So that's just doing that.
Speaker 1:Okay, I don't know why you keep saying that. Is it just? Huh? I don't know what's going on. Okay, I'm going to have to send this to our team and see what's wrong. Sometimes the AI likes to hallucinate. Okay, but anyway, let's continue.
Speaker 1:Let me know what you guys think. Let me check and see the chat and see how we're doing. Maybe take a few questions in the chat. What's up? Everybody Get to have you here. Is it Isra? Get to have you here. Great filibuster Samposh, scd, romeo, paco, through the wire. All right, we got a super chat from Mahmoud.
Speaker 1:Hi Ian, what are your views on AIOZ, our Marshall, shopx and UniX out to the dump. They did projects. Yes, I'm familiar with most of those projects, but none of them have really made any blue chip list for both long term, I'll say it, especially for long term. I would say this is just my opinion. I could be wrong, but I'm not seeing anything great about those projects. Now I would just use the platform to go through and just analyze them. But long story short, those are in my opinion. I don't think they're hidden gems.
Speaker 1:All right, let's go to price prediction for Casper. People have been asking for Casper price predictions after they did 100X in a bear market. Hold on, let's do this. We just landed on the moon in the lamb off. Congrats to everybody who made money with Casper Taking pictures with the soul in the night sky. We'll be coming back together with the Samposh.
Speaker 1:Casper, are you open? Okay, let me just fix the mic. Let's first begin with trading Casper. Do you still want to trade it right now? It's over a billion FDB. It has great tokenomics. Almost all the tokens are out there. It's basically one of those proof of work coins that you basically mine or earn. They've partnered with Bitmain, which was a huge endorsement early on. I think Bitmain was an early investor, but that should have been the sign that keep an eye out on this project. But anyway, it's currently in neutral. So trading it is now either time, although it's still bullish, since let's take a step back to see how the money could have been made with Casper using token metrics.
Speaker 1:Over here was 0.003. I can basically sum it 2022. It went flat, then turned bullish at 0.004. Then what? 0.0061 bearish not much there. This was a huge gain. So, from under penny, 0.007, tmtradergrade turned almost 94%. That was basically January of this year. Only this year Shut up. You call that a rocket ship. Then basically called the top at May 2nd 2023. Casper was at 0.027. Tmtradergrade was at under 46%. So from I'm just doing some quick math with this so we've got 0.027 top, then we've got 0.007. 0.007. That's it. That's like what? 285%, I guess only in crypto. We spoke Okay, hold on. Then here you can turn bearish, turn bullish, again 0.002. The price now is at 0.036.
Speaker 1:Honestly, this is why sometimes I say don't trade it, because even though you made money trading this, if you did your research, if you just hodled trading it, it's pretty good If you're trading this since the way back when you would have made basically 52X If you got an X super early. But holding this is where the money is. So that's why I prefer being a long-term value investor. I'm not sure if all these metrics are right, but anyway. Sometimes you just get an Elanders hodl, okay. Sometimes you don't want to trade 100X or 1000X, but anyway, where is this going from? Where it is now?
Speaker 1:So currently it's 50 in market cap. It's ranked 50 in market cap. So if we go to investor and scenario analysis, market cap is 750 million, basically three quarters of a billion. Market dominance is 0.07%. So that's going to put us basically somewhere around here. It's simply where we are going to actually for one trillion. It's going to be around here.
Speaker 1:So let's say we go from one trillion to five trillion market cap, it's going to 17 cents for CASPA. If all of crypto goes to five trillion, it's going to 17 cents. If it just stays the same and maintains this market dominance and basically if it stays in the 50 market cap place and all crypto does that right, that's what would in theory happen, which is basically like a 5X or so it should be. But let's say we're more ambitious than 50 in market cap. Let's say it's going to go to 0.70. That means it's going to $1.73. So $1.73. That's pretty good for CASPA Because it's already made money. But the question is, can it keep on ripping higher? And if it does that, that would basically be almost a 50X return. So it could go from 0.07% to 0.7% market dominance With crypto going to five trillion.
Speaker 1:We're looking at CASPA over $1.70. That's basically what that would be. Now, 7% is not really going to happen Because if the fourth ranked crypto, BNB, is only 3% of the market, it's not going to 7%. That's why it's going to say CASPA is the next Bitcoin or the next Ethereum. Now, I am a permeable for crypto in general, but while we like CASPA, we have it in our portfolio for the fund, that's not happening. I'm sorry If it is, I mean not as well. That's like you're retired for life and for future generations. But obviously the realistic price prediction for CASPA would be anywhere from 17 cents To 173. So 17 cents is a bear case. Let's say 34 cents is the base case. Moon case is 173, like 50X. So basically, I think there's still potentially a 50X in CASPA as the moon case. Moon case is probably 10% probability of happening or lower. But yeah, it's possible. But let me know what you guys think. What's your price prediction for CASPA? What price do you think CASPA is going to? Let me check the chat. Being in crypto is a blessing without the like button. Yeah, summit, definitely smash that like button. If you're blessed for crypto, all right.
Speaker 1:Let's now continue going back to our presentation here. Time for the next question. Time for the hidden gems. So these are the hidden gems from TokiMetrics. So we've got DEA, or DIA, terexa, frontech, dynix, winner Protocol, all right, so we're going to go through and just kind of do a quick overview on these projects. So we've got DEA end-to-end oracles for Web 3. They've been around for a while and it's always been a decent project. It hasn't had much traction. The OrcasWaste is very, very competitive. You've got Chainlink. That's been around for a while and let's see here yeah, I mean it's a decent project, but I don't think it's going to be the project the Oracle that takes off. I mean it's definitely a respectable project If we go back to defileLama and we say, yeah, okay, not even here, let's do this.
Speaker 1:Let's go to Oracle's. Yeah, there ranks 10th in terms of TVC, which is what Total Value Stake or something. But it's although they do have lots of protocols securing because Total Value is secured, so they have a lot of protocols being secured by them the fifth in terms of that. But in terms of Total Value secured it's not doing too well. They've been around for a while. Even Binance Oracle is doing better, I mean. So it's not the Oracle I would bet on.
Speaker 1:I think Chainlake is getting bigger with them now going cross-chain and getting that big narrative. But if we actually compare, let's see what Tokametric says on the deal. Yeah, that's not trading. It right now is not the move. Investor grade is in the buy almost 70%. Ftv is low 43 million. Tokamics are pretty good.
Speaker 1:I mean if you want a DGEN Oracle play with no traction, the up could be it, if you're very bullish, if you think there's lots of upside. But I don't think Oracle is really going to blow up anymore because most blockchains are kind of you don't really need Oracle's anymore. I've been told with Cosmos you don't really need Oracle's, even though there's band protocol. But I mean Chainlake is the market leader, so that would not be my preference for trading. I mean they have a nice website and everything but nice websites. Don't get you 100x.
Speaker 1:Okay, let's go to Teruxa. So Teruxa is an EVM compatible smart contract platform based on tgraph consensus utilizing blockdag. This sounds like CASPA all over again, because CASPA is also a DAG with smart contracts. All right, let's see EVM compatible network local transactions but AI-enabled Web3 ecosystem. It sounds interesting. But how many DAGs and blockchains or EVM blockchains do we need? Because the question isn't whether anybody can do it. That's already been proven. The question is go to market strategy. Can they get actual adoption, can they get actual developers using them? And it's a very crowded marketplace, so I don't see that being possible, honestly, right now. I mean, I think it's possible, but let's see where they are on the platform.
Speaker 1:So FTV is under $74 million. Tokenomics are not the greatest. So about 40% of the tokens, basically more than $1.30 out there. Oh, it's up 43% in price. So something is moving. Yeah, what's going on here? It's up 50% in the last one month. So something is happening here. Actually, let's see it's trading on Qcoin MEXC gate. Let's see here How's my audio?
Speaker 1:Is my audio fine? Okay, let's see here. Let me just check the audio settings here, because audio should be maxed up. This is on my end. Yeah, it's as high as this can go. I'm not sure why people are saying the audio is having an issue. Okay, but anyway, let's see here. So $74 million.
Speaker 1:Let's actually do a scenario analysis on this. Since it's trading, let's say you're bullish on it. So current market dominance is basically zero. Let's see here If we go to $5 trillion, it's probably somewhere around here For this rounding. So we go to 0.003. So now to the moon case. It's basically 23 cents. Does that make sense? Hold on, I mean, something does not make sense here. I'm going to look at 30X, but anyway, let's actually check the Twitter and see what's causing this, or I guess X now as it's called. Let's see here what's causing this. I'm seeing an AMA More retreats.
Speaker 1:I'm talking about binaries, smashing them under feed Retreats from this guy. Is he on the team? Yeah, co-founder, that makes sense. Okay, yeah, so it's just, I guess, one of those coins of the week. But let's go to.
Speaker 1:Well, there's Frentec. We've code this before. Actually, I didn't make an account to test it out and then I actually checked the chat for that. People were sending me some questions in there.
Speaker 1:Now, I think it's a decent application. They obviously have received traction. I'm not bullish on it long term. I think they still have to eventually just create an actual app, because they're trying to short circuit or not really be part of the Apple app store, and I think it makes the app very clunky. It's not a very smooth interface because of that, because it's not a native app, it's just very slow. Now, honestly, I just did it for the airdrop. There's speculation that there will be an airdrop if you go in there, on one of the menus it actually says airdrop. We all know airdrops can make a lot of money, especially if they're free. Free money is always a good thing, but other than that, I'll just create an account just to get a potential airdrop. That's about it. I did put in one ETH, but I haven't really speculated or bought any shares on there. I'm just trying it out. But it's interesting app, definitely a case study and good marketing.
Speaker 1:Dynax I think we covered this already from last week. I thought we did. Maybe it was customer webinar. Actually it might have been webinar. Basically, a global network of decentralized supercomputing the world's first super I'm sorry, the world's first neuromorphic supercomputing blockchain, whatever that means. So yet another blockchain that claims to change the world and be much faster in transactions, but that's not innovative enough. But if we go and actually look it up, let's see what it says. So trading this is neutral under 60%. Investor is in the buy. Ftb 75 million. Tokenomics seem decent. Cryptoanalysis is currently basically at 75 cents. If crypto goes to 5 trillion, base cases goes to 370. If we round up In case, I'm saying 37 bucks, so 50X. Yeah, current market damage is 0.01%. So we don't even have this on the chart for them to keep on going higher. But and it's down 14% today, almost so not the first pick. And we're in a protocol.
Speaker 1:On-chain gaming I've heard about this on Twitter crypto, twitter, decentralized on-chain eye gaming infrastructure. It's meant to be similar to rollbit, but I'm a bullish on rollbit still and it's not necessarily fully on-chain. But if we go to look at winner on token metrics, yeah, we actually don't have enough data. It has been trading that long For investors. Neutral FTB is under 38 million. Tokenomics look good in terms of supply, but over here market cap something does not add up. So I'm not sure what the team is self-reporting. It is up over 100% in the last one month. But yeah, I mean, if we go to their Twitter, let's see if they have any news.
Speaker 1:A custom built layer 3 for eye gaming, like a source of layer 3. I wonder what they're building on. I'm guessing optimism or something, or polygon. Ok, and that's what we're seeing. I'm seeing they're trying to unlock token utility. But yeah, I mean, if we look at all the on-chain data for gaming, if we go back to do analytics and we say, let me call it a gamble fly now Is it the word? Yeah, gamble fly dashboard. So we've got this, is OK. Now we want gamble fly on arbitrem, so it's third. Is it third or second on arbitrem for gamble fly? And looking at unique users, cumulative, they actually have more users relative to DMT and Lotto. But if we look at Ethereum, so it's basically an Arbitrum play, arbitrum casino or Anchi gaming on Arbitrum.
Speaker 1:But looking at this Gamma 5 on Ethereum, we've got the big leaders. We've got what? Dnt 2 million, coco 2.5 million, rlb 42 million. So Roleboard is still king. And if we go over here, kind of the same thing, so Roleboard in terms of cumulative users has what Most 8,500. Coco, 7,300. Wizwinner, I guess Winner's. Not Because I guess this is Ethereum, but Roleboard, I think, is still the king of GambleFi. So I'd rather go with Muck-a-Litter than a DGen play, but although it is on hidden gems, so maybe if you want to be really a DGen and risk it all, well, I would never risk it all, but I would say never risk more than you want to lose. So for plays like this, I would say less than 5% of your portfolio, tutor, as a trade, 1% of your portfolio, but yeah, that's basically it for hidden gems.
Speaker 1:Let's segue to the AMA, but let me actually check the chat and see how we're doing. Definitely smash the Like button, subscribe, share this video with a friend. Now somebody's saying Casper has topped. Now, Definitely not getting Casper. All right.
Speaker 1:What about Blocktopia? Is there any scope for the metaverse they're building? I heard of Blocktopia. I heard people made a killing. They did a Catholic next and some, I guess, for early investors. Then tokens were locked in a dump and people were calling it a scam. This is what I've put in networks of crypto, but it's not the first metaverse play I would be looking at, honestly, but I don't know too much about it. Ok, all right. Yeah, ok, let's see here. Just give me a few moments here. We checked the beat. I'll be right back. We checked the beat, all right, I'll probably just talk about that. I am back. Ok, all right. So we're going to the AMA. Let me just pull this up again, then I'll just OK. So let's go through this.
Speaker 1:Ian, you often target a billion dollar FTB from under $10 million for 100x. Makes sense, but if total crypto is going to $5 trillion last cycle top was $3 trillion Would $1.7 billion FTB be more accurate? Yeah, I mean, that's definitely possible. So actually I would say, if anything when I say $5 trillion, I'm being very conservative, but because, yeah, because you mentioned the last crypto top, let's actually see if you can get a chart in total market cap. Give me one minute here. Total, I'll say, is $2.00.
Speaker 1:Crypto market cap I think market cap or PNGECO should have it All right. So I want the chart. I don't want this. Ok, let's see, there should be a chart somewhere for it. Yeah, here we go, all right.
Speaker 1:So if we say, yeah, the top was about 2021, november, we're looking at $2.9 billion, almost $3 trillion. Then the bottom was like what? $800 million, and now we're basically at $1 trillion. And so basically, if we use that, let me see if I can actually move distance cycles. Actually that's going to be hard. So if anything, I mean crypto could really take off and go to even $10 trillion market cap. I think that is possible, although very, very optimistic. But I think that would be more so the top, not the base or the bottom of crypto. So, if anything, if it goes to $10 trillion, it's going to settle at $5 trillion, but I think that's being very, very optimistic. That's the main case.
Speaker 1:So the way I kind of do. It is the bear case crypto goes to $3 trillion, market cap, the base case $5 trillion, the moon case, $10 trillion. I mean, if it goes to $10 trillion, I mean there's going to be $100x everywhere, maybe even $1,000x being passed out. But you got to be early in crypto, like we're now pre-halving, to really maximize those rewards and benefits.
Speaker 1:But going back to your question, if I pull that up here, because for me it's just easy math, right, find a great project with great fundamentals, great technology, add a 10-minute millindial of FTB, it goes to $1,000,000x, nice and easy. Whether it's a bull market, bear market, nice and easy. Like, even crypto could still be at $1 trillion. And if it goes to $1 billion FTB, that's still $100x, that can still happen. That's why you have projects like Casper literally doing that right, literally launching, going to $1 billion FTB. Now, obviously, if we use 1.7, that's just, it's probably more accurate. But it's not easy math. I feel like it's easier to grasp, especially when making content. If you say find it at $10 million, take profits at $1 billion, that's easy $100x. If crypto is going to $5 trillion, if anything, you could potentially say you buy it at $50 million, sell at $5 billion, because it's still basically, yeah, you could say that, but $50 billion is decent, but if you can get it at $10 million, that's even better. So hopefully that answers your question which ecosystem would you pick for the future of crypto Pokedat, cosmos or Cardano? I could give you the answer, but let me actually just show you the facts, the data, and then the data will just basically tell you the answer, but still not financial advice. So let's actually go to a site I go to a lot Now.
Speaker 1:This is the developer report, because you have to follow the devs and see where they're going. So, as of June, there are over 21,000 full-time developers in crypto. Now what ecosystems are they spending their time coding? And we want to focus especially on those that are full-time. We could do both full-time, part-time, but I'd like to focus on those who are actually making a living doing what they do.
Speaker 1:So if we come down here, let's just look at the data. So Ethereum has 1,900 developers. It's down 11%. Pocodot has 645 developers it's down 18%. Cosmos has less 524. So slightly behind Pocodot. But guess what? They're not losing developers. They're flat.
Speaker 1:In a bear market, In the bottom of a bear market, they're flat, so they have a net gain on Pocodot of 18% and if we go over the last two years, pocodot has only grown 26% in devs, cosmos 81%. And then the other was Cardano. Cardano has 133 full-time developers. It's down 18% and it's only grown 21% in the last two years. So, comparing the three, cardano is the last in number of full-time devs. Cosmos has five times more devs, basically, than Cardano. So why would I touch Cardano when Cosmos has five times more devs and is growing faster? And then Pocodot, while it has more devs.
Speaker 1:It seems like Pocodot is on the decline and honestly, pocodot ecosystem hasn't really been trending since they had those launch pads like Pocostarter. But I used to roast them saying there were Pocodot projects launching on Ethereum, especially MoneyGrabz, because Pocodot wasn't ready yet. But we do like Pocodot Great project, great long term. But my understanding is the whole parachain auction thing is just very, very expensive. But if you do like Pocodot ecosystem, I can actually give you two projects. We like ASTAR. We did a review on that coming out. Code review very, very good. It's a Japanese smart contract project Moonbeam we like as well. I guess you could say maybe XLR, although XLR is using its cross-chain project that's using Moonbeam to integrate.
Speaker 1:But I would go with Cosmos. We're very bullish on Cosmos, our fund token mathematics ventures. We have a lot of exposure to Cosmos projects Because developer-wise, it's growing. Obviously, I wish they could add filters here, but out of all those three it's our two examples Cosmos has the most growth. Let me actually see if we can click on this. Nice.
Speaker 1:So just looking at this chart, cosmo developers are just growing. You want a chart that looks like this. So it's looking good. If we go to even part-time devs monthly commits it's going up, although there's a huge crash here. I'm not sure what happened. Now, if we do the same for the other projects you mentioned, if we go to Polkadot, it's not looking good. The top was July 2022, and it is on the decline. So I don't know if good technology can save a sinking ship. I'm not trying to roast Polkadot, but this is not the chart you want to be investing in, maybe when it bottoms, but preferably you want to go where the developers are going, not where they're leaving the door. So, although the commits even the commits I've been going down. So developers are leaving, commits are going down.
Speaker 1:What is the thesis to invest in Polkadot ecosystem? It's basically that simple. Now, if we go to Cardano, same thing, I believe. Well, actually maybe not as bad, but yeah. So the top for Cardano is actually back in October 2022. They went over 500, and now they've been going down. If we go down here monthly commits this has been very volatile. If it goes up, down, a lot down, it's very sporadic. I don't think you want that in your portfolio. Maybe you do, maybe there's more upside to it, but just looking at this chart.
Speaker 1:So after looking at those charts, let's go back to Cosmos and then compare what's going on. Cosmos is just nice and steady. It's going flat. So, while Cardano and Polkadot are going down, cosmos is staying flat in the bear market. It's basically holding down the fort. So then next question is what do you look for? Products in Cosmo ecosystem? So if we go back to DefiLama and we go to Chains, there's Cosmos.
Speaker 1:If we look just really at Cardano, right, let's actually just start with Cardano. First, 160 million TVL for Cardano, so peak TVL was back in March, so 322 million and the devs left in October. We have what the devs left six months later, essentially. So there's a six month lag between the peak and devs saying hey, you know what we have to eat, we have bills to pay. This is not helping us right now. Let's migrate somewhere else, just find different line of work or a different ecosystem to build on. And as we see here, because October was actually almost the bottom, looking at this, it bottomed here in TVL. Now it's going up. So it is trending in the last because it bottomed at about 15 million, now it's 160. So it's done over 3X in TVL. So it is growing in TVL.
Speaker 1:Now let's go to Polkadot, if I. Where is Polkadot? Okay here? Let me just type this in Polkadot, I guess actually they're not getting data on Polkadot chains. That could also be why, because they have to kind of market themselves more. Let's go to Cosmos. Cosmos Hub no, that's not it. Now we do Cosmos here, Okay.
Speaker 1:So we kind of have to combine all of these chains. So you've got Kronos, which is the cryptocom blockchain, I believe Almost 300 million TVL, about 200 million. Osmosis about 100 million. Thor chain 50 million. Kanto 40 million. So you're getting people actually building on this, right, because Cardano is what? 150 million. You have two projects in the Cosmos ecosystem that have more TVL than all of Cardano. So, once again, why would you want to invest in an ecosystem, at least to me, where the data does not back up investing. Now maybe you think there's lots of long-term potential based on the technology and that's why you're in it, but eventually you have to see some real-world results, and Cardano has been around since 2018, and where are the results? So that's all I would say. So, going back to your question, which ecosystem would I pick? I would go with Cosmos, all right. Next question Actually, I do have to wrap things up shortly, so this will be the last one SafeMoon no, we can skip this one.
Speaker 1:It's not a good investment. Is it good to hold Seller Network for board run or should I sell in loss? Now? I can't tell you that. I'll just use the Tokamitrax trading signals to help you with that. That's what they're designed for. Where do you bottom from here, or do we see the bottom already? I think the bottom is already. Well, looking at this in cycles, think pre-helving, post-helping the helping is happening in port 2024. So we have to bottom before then, and I think we've already bottomed. So right now, to me, I'm not doing this in bottom in terms of bottoms, because a bottom will not help you find a Casper that did 100x or a robot that did 100x. So I'll just toss that whole premise of bottom out the window.
Speaker 1:Think pre-helving, post-helving. Pre-helving is the time to accumulate and to find value because everything's cheap. Post-helving is the time to just let it rip, enjoy the profits. Then summer 2025. That, if you want to call it top, is the top, but that's the time to take money off the table. You can still be in crypto. You not take everything off, but you definitely have to take something off the table. But pre-helving, post-helving is the way I kind of view it.
Speaker 1:I do have a video coming out on that. Basically, it's actually a talk I did at a few places on just how to time the crypto cycle using Bitcoin. Essentially, how to make millions in the next bull run. I think it's a great video. Stay tuned. I would definitely encourage you to subscribe to us on YouTube, put on alerts to make sure you get that video as soon as it comes out, because obviously, urgency is key in crypto. But all right, with that being said, time to wrap things up. Thank you everybody. I hope you all have a good weekend and, as we like to say, we just landed on the moon in the lamp. The moon is not the limit to the moon and beyond. Thank you, crypto family. Have a good one. We'll be coming back to you with the same files.