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SHOCKING Altcoin Pump BEGINS! Altcoins Turning BULLISH FAST!Added:
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>> This is Discover Crypto. We have a huge show for you today because we have altcoins finally starting to wake up.
We're seeing double digit gains and including some of the altcoins we've been giving you. We're going to look at the signals. We're going to look at the trades and we're going to look at some levels to see where alt's going to be heading from here. And we got some other news as well. And join here. Very, very welcome back to TJ. TJ and Drew. How are y'all two doing today?
>> I'm doing good. Glad to be back. I was missing you guys. Uh, you know, thanks for having me back on. I just didn't want to didn't want to be forgotten. Uh, been down a very deep AI hole for a while. Clawed my way out of there and um seeing light for the first time in like 30 45 days. So, I'm glad everything's still alive and uh seems like we've we've achieved world peace while I was gone. So, that's great.
>> Yeah. And well, let's just say we might have to look at the Trump Truth social post from last night and there is a response. And of course, the markets did have a pretty major reaction. We're going to look at the Bitcoin chart.
Violent swings to the upside and the downside. But let's go ahead and look at the market right now. We have Bitcoin down slightly starting to try to retrace some of these losses. ETH is down 6%.
XRP 2.1% pump. Salana 1.3% pump and even Cardano with the 2% pump. But we said there's some double digit gains here. We have Venice token up over 10%. SWE up over 10%. Midnight. One of the altcoins I gave you in this weekend's video. I said big money is starting to look at this. We have been bearish on night, but we have flipped bullish and the charts starting to reflect that. TJ, I see you doing a little victory lap. You're in Venice, correct?
>> Yeah, I've been in Venice the whole time. I think you guys remember even when it went down, I said, "I'm not selling any of my tokens. I'm running a full range pool." I've been running a full range pool literally the entire time. Um, and yeah, I'm pretty happy about it. And the way it works, if you guys don't know, I would highly recommend you go look into the tokconomics. Uh it it provides uh privacy for a lot of these different AI models. That's one of its core features. But the other one, the VVV token, the reason it's exploding right now is because of the way it works with API calls across all models, everything.
You stake your VV token and you get API calls in return for it. So if you're using Cloud, if you're using Gemini, doesn't matter what you're using. Uh, and so I imagine what's happening right now is a lot of people that are setting up a lot of these AI agencies, this was something I've looking at doing myself, accumulating a large chunk, staking the whole thing, and then that drives your operating cost down if you're actually running a lot of these agentic systems.
So I now just to back it up a little bit, you said API calls. Just for those who aren't down the AI rabbit hole, could you just say in a little more simple terms, what does it mean to have API calls pump this token? API uh API call is when you're using your system to call out to like Claude or Gemini or whatever the thing is. A lot of them run on subscriptions or you can use API calls. Venice VVV token. You stake it and you get a certain amount of calls based on the amount of tokens you hold with that VVV. So, uh it could be it's it's kind of like a per use kind of thing. It could be 10 cents, it could be $5, it could be $200, $2,000. Just depends on the amount of work that you're doing. Um, and as soon you can almost look at it to a tea. When Claude Enthropic changed some of their rules right back there, that's when the VVV token started to really blow up like late April, uh, early May. And I I see this trend continuing and continuing the more I learn about agents and then the way that their transactions and X42 tokens and kind of seeing the trend of the next iteration of the internet. I mean agents and AI just like everybody's been saying will be the thing that takes crypto onto its next bull market. It's the right now what we're experiencing AI is I think the the calm before the storm so to speak uh like like what we're feeling with crypto. But both of them are poised for the generational rip you've been promised. Not a matter of >> bullish on VVV over here. We also have Caspa Crow is actually having a little pump here as well. Looking at the drop Zcash, Uniswap, Toncoin, Sky Pump. Fund Dash and even Hyperliquid. A little bit of a pullback, but still above $40.
Seeing a pullback on Aster as well.
Let's go to the Bitcoin chart. I see people saying Bitcoin dump is incoming.
We are in a short. I'm going to share my trade in a little bit here. Let me go ahead and just pull it up. We're We're slightly in profit. Probably going to hold this one up. This is for ZoomX. We do have a link down below. And we just initiated a nice little giveaway if you have a your first deposit. Four new accounts. Every $100 you get 20 bucks.
If you deposit 500, you you get $100 there. So, worth checking out if you want to look at that. Let's look at Bitcoin. Bitcoin on the five minute.
Yeah, seeing a pretty sharp pullback here. Notice it's bouncing here. I did not change these lines. I'm not even sure what this line is. Oh, this is the old one. This is going back months. So, if you look right here, November of 2025, then we hit against this in January of 2026. We've talked about this trend line for maybe a few days and said, "Look, we are intersecting. We're going to run into each other." You know, if you look at the top of this range and this trend line, something's going to have to happen. And if we zoom in, TJ Drew holding some support here. So, little bit of signs of life for Bitcoin as it maintains this nice little support.
>> Yeah, I I'm still firmly in the camp that 59K or 60, however you want to round it, was the bottom. And I know there's a lot of people that were kind of looking at this level saying we should get back up to the 80s, you know, kind of where we are right now, reject, and then head back into those low levels. So, it's going to get interesting again. If I was kind of the one when I was calling the bottom at 59K, I was the one kind of in, you know, precarious waters when we were sitting at 65, 62, 63 and I was sitting there saying we're never we're not going to go back below that. I'll be real interesting to see the people that were claiming, you know, a lot of people in the camp of like we're going back up to 80s, you know, mid to low 80s and then back down to 40s. I'll be real curious to see if they're still in that camp because now they kind of have to have to balance that. But I I'm feeling stronger and stronger and stronger that we are we are in that slow grind up period and um you know we're out of the hard part. All right, we got Jay Andrew saying keep an eye out on chip. Is it going to be the next virtual? I honestly haven't heard much about it, but maybe it's the VVV is going to be the new virtuals there.
Maybe it's going to be TOA, but check out Chip. Maybe we'll look at that chart in a little bit here. I do want to share a couple other charts here as well. We got something looking pretty good for Bitcoin. Still in the range here, but check this out. This is the CME futures.
A lot of people pointing this out. We are getting very, very close to flipping the CME gap into support. If we can flip this CME gap from resistance into support, a lot of people are saying the bull market's going to be back on. Now, I do want to share a few things here.
We're not going to look at all five, but we're going to look at a few here.
Number one, liquidation heat map. What is the liquidation heat map showing us?
I'm actually going to hit refresh because these traders, America is waking up from its slumber. What are we going to see here? So, we're going to go ahead and hit refresh. Right now, we're seeing some pockets above us. Nice little pocket 82400. Another pocket 82800, but we might need to clear this before we can pump. And that's going to be at 80,300.
Do we go back to the small time frame?
80,300.
Maybe a little bit lower to go, folks.
We might have to go a little bit lower before we start moving to the upside.
After the liquidation heat map, we also have the 21-day EMA. Looking at it right here. Still holding as support. You see a nice little bounce right here. But there's the 200 day EMA that we also need to worry about. I'm going to pull it up. It's going to be this blue line.
Look at this. Boom. Rejecting off of it again. We definitely need to flip this into support. You can go way back in Bitcoin's history and see the 200 day has long been pretty important level for Bitcoin. And right now, we're trying to flip this thing. And then this is going to basically prove your thesis, TJ. we can flip this 200 day into support.
Maybe 60K is going to be the bottom.
>> Yeah, that's what that's what I'm banking on right there. If we can flip over I mean these we are at a key level right now. I'm I understand why a lot of the people were looking at 80s for a rejection. But if we can flip it, this is where you know fundamental and technical can differ sometimes.
Fundamentally, I think we've done what we need to do and I think we can flip it. And that's what's interesting. Once we do, you will see technical uh technical traders reverse course pretty quickly because the tech >> DJ, we got Crank challenging you. He said this is just a dead cap bounce, a bare market rally. Would you like to make a wager? Maybe five.
>> Yeah, cuz he said he was sticking to his guns that 59K wasn't the bottom. So, I was saying I actually asked him like, "Yeah, let's make a friendly wager." Uh, so yeah, I was thinking a little bit more than a hundred bucks. But, uh, sure, whatever whatever number works for you. You tell me. We'll both send, uh, some some stables to an address. And, uh, we got to set a deadline, I guess.
Um, I I guess it would have to be where would you change your course if we're over 100K? Does it have to be new alltime? I guess it's new alltime high or new alltime low, right, chat?
>> So, chat, how would you structure the bet? You know, like, >> let me know in the chat. But I what makes sense to me is new alltime high before new alltime low I win. New alltime low before new alltime high he wins. Um and yeah, we can make the number whatever you want. Uh let me waiting for him to roll in. What? Yeah, it doesn't have to be a crazy high.
Doesn't have to be crazy low, but I think it'd be fun. And then we can come back to it and check on it. Uh cuz I know him and I were going back and forth a lot right when we were right there at the 59K levels. Done. 500 bucks. All right. I see it. All right. $500. All right. money on the table. Now, speaking of money on the table, well, it looks like the markets are not liking this latest move and that's why we're seeing a lot of money left off the table as people were getting liquidated. A lot of it came from the Trump Truth Social.
This is 11:00 p.m. last night. The US Iran war continues to be the main source of flash volatility for crypto and risk assets this week. Just went straight to the post here. Uh looks like, you know, different time zone. You're going to get a different time, but here's Donald Trump's true social post from yesterday.
I've just read the response from Iran so-called representatives. I don't like it. All caps. Totally unacceptable.
Thank you for your attention to this matter, President Donald J. Trump. We do have a response from the Iranian delegation. An Iranian foreign ministry spokesperson dismissed Trump's apparent rejection of his latest proposal to end the war, saying Thyran, capital of Iran, wasn't concerned with the satisfaction of others. This is a a waspy comment right there. It's sassy. Very sassy.
Ismael Bhe said that to achieve the country's natural interest and legitimate rights, Thrron would fight whenever it deems necessary or engage in diplomacy with goodwill and in a reasonable manner. Of course, on Sunday, Trump discussed or described the proposal to end the war. It's totally unacceptable. So, the market's not exactly loving the latest developments that we've seen. And Drew, I know I know you've been covering a lot of this stuff.
If we can get a a peace plan that lasts more than five days, is that going to ignite the bull market in your opinion?
>> I think the worse the conflict gets, the better the bull market's going to get because people are going to flee to safety and uh you know, I mean it it's really about dollar dominance. So the more that the conflict increases, the more countries are going to look for all other alternatives, you know, and um I wanted to butt in when you were showing your the channel uh you know logarithmically that channel we are still within it DZ, but off of the logarithm like just from what I'm looking at, we are starting to bounce off the top of the channel. um you know so that's kind of where last week I was looking at um you know we were looking at the rollover likelihood but we are if you're not on log or just from what I'm looking at it's slightly different because I was looking for the rollover when we started to put in this red dot um but we basically just bounced off it a few times this weekend and the m markets are completely moving against the grain so you know this would be the most hilarious this option of all the potentials in our life if this was indeed the bottom and it's a short-lived little bump and run here. Uh but just just answer your question. I think you know the more the conflict kicks off the more countries are going to look for uh alternative payment methods. So you know that's kind of what I'm looking at.
>> Uh I just thought this is totally random but somebody in the chat said uh miss uh miss Dr. Drew you know fun little fun little lore for those of you at home that don't know this. I call Drew Dr. Drew like probably 10 times a week at least.
>> Yes, it happens often.
>> You know, funnily enough, people said I used to look like Dr. Drew in that weird face. He started looking tan. He was a little slim. This is probably five years ago. I got a lot of You look like Dr. Drew. There is a period we had the same hairline. It might actually even be today.
>> Okay. Okay.
>> Are you looking at a picture?
>> I'm looking. I'm not seeing it, but I'm looking. I'm trying to find one.
>> Maybe I got to go a little silver. I got to turn to a silver fox.
>> Yeah, >> silver's the best. That means that you're trustworthy and you're knowledgeable, right? If you're so Oh my god, Owen just came into my office. You guys take >> Oh boy, Owen's unbelievable.
>> All right, maybe maybe we'll see a rare Owen appearance there. He might be too camera shy, though. But this uh you know, speaking to your prediction, TJ, this kind of fits right into it. Let me add this to the stage. This is from Dr. Profit. Fairly, you know, sizable account. Almost half a million followers here. I was bullish all the way from 16 to 120K. Sold everything at 120 and shorted. Said 60 is when is next when Bitcoin was at 120K. At 60 said, "Hey, we're going to see the pump to 80 85."
And this is the local top big crash towards 50K and lower soon.
>> So, you know, lot of people >> terrible prediction thus far.
>> A lot of a lot of people. So, we'll just see. I don't think so, but um you know, time will tell. Time's the ultimate judge.
>> Time will tell. Time, you know what?
Time comes for us all. You know, speaking speaking of the Chrome Dome there. Uh, let's talk about Michael Sailor. TJ, before I get into it, did you see the some are saying even cringier than Vitalic on stage?
This is called the cringiest moment in crypto.
>> Uh, you're talking about edit thing.
>> Yeah. No, I would not call that the cringiest moment in crypto. did see it, but uh not not crypto. Crypto, if you haven't been around for a while, has levels of cringe that most people can't really even comprehend. So, >> what's a favorite of yours?
>> H I'm trying to think. Uh, I mean the stuff that used to happen back in the day, like the Bitconnect cringe stuff, a lot of the early I mean a lot of the early early Ethereum related stuff was, you know, like and I think that's what you were talking about with Vitalic and um I mean it's just it doesn't stop. A lot of the ads, you know, the Super Bowl ads back, not this last cycle, but the 20 was it the 2017 ads or 2021 ads? I mean there was there's a lot. Yeah, that was >> Yeah, it was so funny. You know, I remember one like this dude took a photo on a on a Lambo. That was pretty uh memeable right there. You know, we got the Richard Hart carrying all the bags.
Of course, Vitalic >> Richard that defines the cringe of crypto uh for sure. I mean, I'm in it for the technology, right? That's what >> All right. Well, they use technology to make to make Michael Sailor rap. And I'm I'm going to show you a clip. This may be the cringiest thing in all of crypto, but this is Michael Sailor. He just posted this. We just acquired 535 Bitcoin for $43 million. We got the details here. And so 43 million, resuming its accumulation strategy days after Michael Sailor said the company may sell some of its holding to fund the dividend payments. Their average price 80,350 340. They now have 818,000 Bitcoin. Average price coming in at 75,540.
And this was made using How' they pay for it? Was this stretch? What was this?
It's mostly diluting the stock. They used it from share sales, the majority of the acquisition, and I mean the vast majority, $42.9 million was through the sales of class A common stock. So, diluting their their main stock slightly, while another $100,000 came from stretch stock, the filing shows there. So, the vast majority came from, you know, creating new shares and then selling that on the open market here. This is I mean, you can already tell where we're heading. We're not going to play the whole thing. This gets pretty bad. Pretty bad. This is from Michael Sailor. He's, you know, he's saying he's recapping the earnings call here. I hope you guys are ready. I hope you're sitting down for this. We're not going to play the whole thing. This is This is bad, folks.
>> Oh, I don't hear it.
I don't have audio.
>> It's worse. Yeah.
Um, I don't know if they can hear it.
No, there's no sound on their side. Can you hear me, Dy?
>> Oh, let me unmute it. Let me unmute it.
>> Just to prove >> There you go.
>> I didn't I didn't want it to play in the background. This is This is going to get really bad.
>> Yeah.
They said, "Mike, don't touch the Bitcoin stack." Now I'm buying more while they fading into black estrc printing engine running clean. Watching debt transform into the Bitcoin dream.
Turned on the BTC drive. No shame in my face. 65 billion and I'm still winning the race. They panic when I say sell a little coin just to prove the whole market doesn't break or get destroyed.
Company.
>> They panic when I say I'm going to sell a little coin. You're the one who said you're never going to sell the Bitcoin.
>> I I love that kind of stuff. I I I think the I wish they didn't make him sound like he had a British accent, but that was the only little >> Yeah, it's a newer AI, you know. I'm sure it'll be better, you know, 6 months from now, 12 months from now. It's like Will Smith eating spaghetti. Pretty soon he's going to be as good as Eminem.
>> There you go.
>> Yeah, that's that'll be wild. Get them on stage together.
Michael Sailor and Eminem's board ape. A serious serious question. TJ, what what do you think the the retail mind sees this? Is this going to maybe push them away? I'm saying the guy that watches a CNBC, a Fox Business News, you know, wears a suit and tie, goes to work, he reads the Wall Street Journal, he sees this. Does this move the needle in either direction?
>> I mean, I my argument would be that guy that you just described doesn't see this. He's not he's not following Michael Sailor on X, you know, and they're not pushing this out to those kind of mediums. So, I think I think this tracks perfectly for the audience.
This is made for X. The people on X will love it. So, if it's that guy who is on Bitcoin X and is very plugged in, I think he'll find it entertaining. If it's, you know, I think they know their audience pretty well.
>> Which business bro do you identify as?
>> All I'll take Belchunis.
>> Okay. Okay. I I might I might do Andrew Hart because he has a five head thing going on too.
>> I Yeah, most a lot of really smart people on that. Oh, Jeff Jeff Park. How about that? I'll be him. I pick.
>> All right. Well, there you go, folks.
There's the micro strategy. So, interesting stuff. Let's get back to more serious stuff. Let's talk about Bitcoin price. This Bitcoin price level will be the end of the bears if broken says this. Analysts here talking about Bitcoin, you know, so far down 2.25, 25 erasing the overnight gains as buyers once again failed to clear the 200 day EMA. This has cap Bitcoin's rebound attempt since November of 2025. Last time we saw 25% and a 36% draw down.
Last two times we were rejected. And so I want to go back to the charts and we're just going to single out the the blue line here which is the 200 day moving average. And I just want to see what did we see last cycle. And so if we look here, you can see a pretty clean rejection by by, you know, pretty close to a clean rejection. Right now, we're at rejection or breakthrough attempt, but we're at the third touch.
If we go back to 2021 and look at the top here. Okay, so you can see here we I would say, you know, that kind of counts as the first one. We see the second one.
TJ, we broke through on the third attempt.
If >> we look one, two, we're on the third attempt.
One, two. Arguably, we're on the third attempt here when, you know, we kind of dip below it. Use it as a slight support. Kind of dip below. Turns into resistance for a second. But this is actually kind of a good sign, TJ. I just want to throw that on your radar. Throw it on your viewers radar viewers here.
But there's also people say, "No, that's not what counts. It's only the 200 day on the two-day." Okay, so technically the 400 day chart here. And so this might be really what I'm kind of waiting for for confirmation for the end of the bull run. So what is that 87ish?
I mean it depends on timeline, but does that look like 87ish?
>> 86. Yeah, 86 250 8. Yeah, right there.
>> Yeah. And it'll Yeah. Cool. Yeah, that makes sense. That's a That's a key number right there. 87. You got to flip that. I mean, there's a lot of key. I think it's like 82, 85, 87. Some key numbers in the 80s that you got to flip.
90s. I don't think there's a lot of tough resistance and you're talking about well maybe there was maybe there was like a 94k resistance if I remember right um and then you got 100 105 and you got to grind your way back up. Um no all of this stuff is looking extremely extremely strong. I there's really I don't know what could happen. I mean, I guess some kind of crazy global pandemical thing that we had in 2020 could be some of those weird uh things, but for the most part, markets look strong. You know, there's about as bad as much bad news as you could get out there and Bitcoin seems to be resilient.
So, I think we're in the part where we're just in we're in the slow grind up phase and then we're going to get up into the the and then we're going to get into the up fast phase. For those of you who haven't been here for a long time, you don't know the four-ear cycle like the back of your hand. Traditionally, this is a very simplified version. I'm just going to give it to you fast right now. Traditionally, you have in the four-year cycle, you have one year that's up fast, one year that's down fast, one year that's up slow, and one I'm sorry, one year that's sideways where nothing happens, and then up slow.
So, it's up slow, up fast, down fast, sideways, up slow, up fast, down fast, sideways. Right now, and that traditionally sticks to four years, and it has for quite some time in crypto.
What we're seeing right now is very different than that because we saw in 2024 we made all-time highs, right? In 2020 or in 2025, we made new all-time highs again and then 2026 we started to see some of the correction, but it was started late in 2025. So really, I think we're speedrunning this whole thing. I think from mid to late 25 until early 26, we were speedr running the bare market. That was the down fast. After 59K, we started the up slow grinding phase that I think we've been in for a little while now. And I think we're going to get to the up fast phase much sooner than many people think. And that's why that whole, you know, we're going to be bearish all of 2026 and then 2027 is going to be that sideways market, I think, is going to be way off.
I think 2027 traditionally not supposed to be anything all that significant is actually going to be when a lot of the fun happens. mid to late 26, early 27 into 2027. And I think a lot of that has to do with big money coming in in all sorts of different changes, but I think the traditional four-year cycle is largely has been sped up as well. What I'll say, >> yeah, and we saw that with the having schedule. Now, there are a couple catalysts. One, you brought up any kind of global pandemic. Those stupid bird watchers, TJ. Those stupid bird watchers going to that landfall in Argentina. I don't know if you saw, but it seemed like that might be the origin story for what we saw on that cruise ship. But >> those ornithologists, I I you know, we're just going to blame them. All right, but this is in the charts as well. A rising wedge. Rising wedges are typically bearish. I want to point it out here. Uh hold on. I got on the chart right here. Yeah, rising wedge.
Typically, it breaks to the downside.
And if you think about the angles, it kind of makes sense. So the sellers, they keep pushing the price down. They keep pushing the price down, but you see the sellers starting to slow, you know, the buyers can't get it to go past this level. And the buyers, the angle is slightly lower. Then you got this one sharper here to the downside approximately about 62% of the time. you know, maybe it fluctuates a a few percentage points depending on where you're getting that information from, but this could be a little bit of a bearish signal here. So, do want to put that on your radar. Typically, this breaks to the downside. So, right now, the odds are favoring the downside, but we got a bullish catalyst that happened just a minute ago.
1 billion Tether minted at Tether Treasury. TJ, for those who maybe haven't been around crypto for a while, why is this bullish?
>> Oh, this is just new money coming into the crypto ecosystem. This is dollars being converted into crypto and they don't know they don't do that to just sit in Tether forever. That means they're probably going to be coming in.
So this is the overall market cap of what the market we play in growing.
>> Oh, speaking of playing, did you play PlayStation or Nintendo or RI Sega?
>> Yeah. Yeah. But >> which one which one was your favorite?
>> Favorite? I guess it probably depends on generation. I mean, I definitely >> Sony or Nintendo chat. I'm I'm pulling this up because Nintendo's deep deep losses today surprise Pikachu face but I am interested chat Sony or Nintendo TJ which one would you say?
>> I have a pretty chart >> nuanced answer when it come you know so so Nintendo wins on IP you know like as far as um you know N64 Mario their IP has held up incredibly well over time. Uh Sony, so like N64, PS2, right? So like I'm not sticking sticking there. GameCube, you know, I would have much rather had a PlayStation 2 or three than a Gamecube.
Uh Sega was way ahead of its time on hardware, but sucked at games. Dreamcast crushed um the what the end was that Dreamcast was the same as N64 time period, but way way way better >> roughly.
>> But the games were terrible. Like they never adapted with the games. So, you know, can't have one answer, but if I had to pick one as a as a company, as a gaming console, I don't know. It's just so hard. Um, >> I guess I'm just a Nintendo fanboy at heart, you know? I love some Pikach I >> love the 64 controllers, but >> right 007, Mario Kart, like everybody I feel like that's your like core childhood gaming memory. Like I that's what I came up on in a lot of ways. But >> well, check out this open and Nintendo way down. Way down. I want to look at the stock here. Uh it is down 12% on the day, but if we look, this is just November of 2025. It is now been sliced in half.
>> Wow. So, might be something worth looking at. Let's look at Sony.
Sony also down but not nearly cut in half here. Also looking from the kind of local November peak there at one point down only 35% but right now down about 30%. So TJ, if you were to buy one, are you buying Sony or Nintendo here?
>> Stock or console?
>> Stock. Yeah, if you had to buy a stock, >> what's the market cap of them? Like what's I'd have to know more about total?
>> It might be in a foreign uh currency here. So I have to I'd have to do some equations here. But Sony or Nintendo? H I guess Sony if I had to pick just because they've got a lot more than just gaming. You know, it's a much more stronger, you know, you do you want uh you know, you want a camera, a gaming console, and a keyboard? You know, Sony's got you. You can you they can they build all kinds of stuff. So, um I think it's you're a lot more diversified with Sony.
>> That's actually not a bad take. Nintendo carried by nostalgia.
>> It's actually pretty apt there. All right, let's get back to crypto. You ready to talk XRP? TJ's favorite altcoin that starts with the letter X here. XRP metrics line up. Bull signals fullcale rally to $2. What do they talk about?
So, number one, funding rates. Some on Binance have maintained a bearish bias nearly three months. So traders for the last three months are betting on it to go down more than they're betting on it to go up. Even as XRP has posted a 27% gain over the same period when such a strong consensus forms, especially after a correction exceeding 60%, it is a sign that a reversal may be developing. You see last time we had a nice little pump here. The the funding rates looking very similar to this April 2025 pump. Also, instance show that XRP tends to rise sharply when funding rates recover after long periods of being in the negative.
This is what we saw in April of last year when it hit a$125 before a bullish recovery triggered a 126% rally. Also, we talked about this a week or two ago.
The Ballinger bands indicator. It is still tightening. Ballinger bands, I like to think of it as a spring. It's when the price is compressed, similar to a spring. The more it gets compressed, the more it gets compressed, the more likely that spring is going to shoot out, maybe hit you in the eye. Is it going to hit the bulls or the bears in the eye? That's the million-dollar question right there. And also, symmetrical triang triangle breakout is underway. So, let's just go straight to the charts here. Looking at XRP. Very nice retest. I am liking that. Oh, man.
I'm liking this XRP chart, especially when you look at the 4 hour. We've been looking at this. We called this move. I don't want to say exactly because you know I had a little bit higher but we wicked above we wicked into I said next wick is going to be wicking below then it's going to consolidate back into the symmetrical triangle. That's exactly what happened. I said you know if if we can use this top line as support. I do like a rally back up to about a$160 here. So $2. I'm not going that bullish just yet. But we are starting to set up a nice little rally to $160 there. If I had to give a little warning though, warning, warning, bearish divergence on the daily candles. So, that might be something to pay attention to. But we could get one more violent wick to the upside, elongate this bearish divergence and then, you know, once everybody gets liquidated and then that's when XRP will start declining there. So, I want to share the XRP chart. Speaking of altcoins, this is a very bullish chart.
This is monthly others dominance. And so this is looking at you can see it on the top left crypto total market cap excluding top 10. So it doesn't have Bitcoin, doesn't have ETH, doesn't have Tether, doesn't have USDC. It's missing a lot of the the popular altcoins here.
So this is a gauge of think of it as mid and micro cap stocks. This is all of the altcoins that are not the major altcoins. It gives you a good indication of how are those little coins doing that market cap rank 84 150 200 when they start pumping that's when you see this chart start pumping and right now we are trying to break out of this these are monthly candles and so if we can get a nice little pump here uh might have a nice little altcoin rally altcoin these outside the top 10 at one point were about 20% of the market right now it's only 7.5% of the market and meanwhile more and more altcoins are being developed. More and more altcoins are being invented and more and more altcoins are, you know, climbing the ranks here. Think of a Canton, think of a hyperlquid here. And so, this is a very bullish sign if you are holding alts. Now, Drew, I'mma throw it to you.
I see you nodding over there. What are your thoughts on this one?
>> Well, I mean, it's it's nice to see and I did even things like DAG were pumping real hard over the weekend.
>> DAG pump.
>> Yeah. Um, and you're going to see short-term relief rallies like this.
Like altcoins, I think they're they're highly diluted, but there's still a lot of opportunity here. And, you know, generally speaking, you know, holding Bitcoin cycle over cycle always great. But then when we find those macro bottoms to decent projects that are just beaten down by their environment, right, money flow leaving. I think that's where we can actually turn, you know, small amounts of money into thousands and hundreds of thousands of dollars with riskadjusted plays depending on how how sized up your portfolio is, right? though when I'm seeing things like Casper is at like just an ungodly low level comparison like its all-time you know uh history but this weekend it put up double digit gains and getting in and out of these things and then leaving moonbags on the table is kind of the fun setup that we have right now where there's a lot of people that are banking against anything good happening like this is a great example midnight right Mhm.
>> Um absolutely cascading to the downside and now you're basically at an extreme low near zero uh you know going into this weekend and it's shown even a slight rally. Look at the percentage gain from that slight rally that it's had.
>> Oh yeah, this this is a nice little rally here and I I feel good. You know, we gave you this one in the weekend's video. I filmed it on Friday, end up posting on Saturday. So, I'm I'm filming it right around here. And I just talked about, well, we had a nice little retest >> and yeah, it's nice little 16% pump so far. I think it can go higher. I think it could maybe even hit resistance up here.
>> Yeah. So, you know, would we go into these uh time frames? It's >> it's probable that we're going to if we can keep pumping on Bitcoin, there's probably going to be some, you know, extreme slap down time at around 84 $85,000.
that's still on the table. But Ethereum has held above $2,000 and a lot of these altcoins have experienced guttural lows leading up to this weekend pump. So knowing that, I'm not in the mood to go FOMO into 100% candle, but seeing things that are operating from a position of strength while everything is happening in crypto the way it has, you know, a lot of the attention's been on Bitcoin and there's still really good money. I think CryptoSo has a couple projects that I'm going to go over on the basement that honestly are going ballistic under the nose of everyone.
While people constantly bet against themselves, there's a lot of money to be made out here.
>> A lot of money to be made. I wanted to go ahead and share. I closed that short uh slightly in the profit, but I end up losing a little profit. I missed that nice little wick to the downside about 10 15 minutes ago. That's just one of the problems when you're live and trying to trade here. But we do have sign up bonuses and the link is down below.
It'll take you straight to this page.
But it's for new users. So if you want to trade on ZoomX, try to catch some of these altcoins as they start pumping.
link down below everybody. Speaking of altcoins, Drew, look at this one. Canton targets a$ two billion dollar valuation in A16 crypto raise here.
>> Okay, >> so looking at $300 million in cash, which now this is the company behind Canton Network. Canton though is worth like five billion, 5.9, so really knocking on the door of six billion. So maybe something to think about there if you're looking at Canton. How about Sui?
We also have a nice huge pump on SUI.
SUI climbed 50% over the past seven days. Why? Because two reasons. A NASDAQ listed company, a digital asset treasury company staked a large portion of the token supply. Talked about their big buy. Also, they have this move right here. They just announced it this weekend. Zero fee stable coin transfers are going to roll out soon. And they reiterated plans to have private transaction features. So, they're trying to copy what they're seeing with Zcash, what they're seeing with Knight here.
And we charted this one, broke this resistance, and Drew, it is a clean clean move to the upside here. You can see it took a while. It wasn't it wasn't a clean move. Nice little rejection right there. Little bit of consolidation. And now we're creating a pretty strong bull flag and we just came up right to this resistance as well. So, I'm not loving what I'm seeing here.
I mean, maybe there's a little bit of gas left in the tank. think I think if you did the candle bodies it wouldn't look nearly as good. Yeah, I mean you're you're right there if you're going by the candle bodies versus the wicks. And this is, you know, pretty clearly looking like a a mini bull bull flag here. So, might move to the upside.
There's more room. I mean, we can measure it, you know, nice.
>> Trading these things is super fun, too.
Like, because these candles are very volatile, like VV, each one minute candle is like a half a percent this morning. sweet uh a major major move.
So, and I I made a good bag uh short ino after Onondo's pump on Friday. Um coming back down to test support levels after these kinds of rallies is something we really often see even if the rally is going to continue for an altcoin.
>> Look how crazy this is, Drew. From one parallel channel to another.
>> Oh, wow. I was just riding.
Yeah, I mean you can channel these things out and you can trade it until proven otherwise, right? Like >> sort of setting your stops below when you lose the channel makes a lot of sense and riding the waves and the momentum um you know in trading especially in an environment like the weekly money flow on Bitcoin looks awesome. So, it was only finding potential major pullbacks I was seeing on the daily, but um the altcoins are waking up at a time where they really shouldn't be. And this is we hit all-time highs on a lot of these alts in 2024 when they shouldn't have hit all-time highs. So, the four-year cycle is one thing for Bitcoin, but it's a completely different thing, I think, for altcoins. um you know so sometimes you just got to get in risk it for the biscuit just risk adjusted approach and paying attention during a bare markets was where you make all the money anyways so >> all right looks like Trump suspending the federal gas tax boy they are really trying to not lose the midterms in November huh Drew >> yeah okay no gas tax how long >> we're in record deficit paying for wars that we can't afford bridges are crumbling I'm actually against this move because we're in such dire fiscal situ situation.
>> Yeah. And >> we can't afford to just slash taxes.
>> Yeah.
>> You know, love lower taxes. Just we're deeply deeply in debt.
>> I wonder if this expires right after the midterms are done. Right. We got to check out the timing on that because the proof would be in the pudding on how long it would last if they just do the tax relief until the midterms are done and everyone can get their uh little votes in, their little raise your hands in and then uh just slam it back down on the table, right? Um let's see. Our gas 18, not much for real. I'm really I'm going to look up in the background and see when this gets uh >> All right, I got a couple details. I don't know what if this works, but the amount of federal tax that's included is currently, you know, current, is it really 452 on average in the US. That is pretty high. Energy Secretary Chris Wright said they're open to suspending the tax or prices of the pump remain high. They'll bring it to from five 4 52 to 434. Okay. And diesel has a federal tax of 24 cents, which bring the na national average down to 539 or so.
States also levy gas taxes. So, it's not going to get rid of all gas tax. Of course, he's just suspending the federal gas tax. That'd be the only one he would have jurisdiction over.
>> Yeah. Yeah. And I'll I'll see if I can find the uh details on when this goes away. And some good insight. I think it's about 18 cents. Uh gas tax about 18 cents. So, I got to separate which is federal, which is uh municipal there. My Sequoia feels it though, Dezy. Not going to lie. My Sequoia feels it filling up.
It's like a $100 a tank running about three tanks a week. You know, it is what it is. It's uh >> you might need to get a little small be like a Civic Dell sold to meet working back.
>> I would I can't I don't fit in them, man. Um I can't do it. You know, >> it's a small car that Drew would fit in that You know what? I would just see whatever Shaq drives in the commercials.
You know, there's got to be a smaller Buick that if Shaq can fit in it, you can fit in it, Drew.
>> I don't even fit in the new Supra. Man, that thing was sick looking. And I sat in Frankie. I look I looked ridiculous in that thing. though. It is what it is.
Get a Harley. I'll just get turned into a Drew Sadilla.
>> Don't get a motorcycle. Too many people don't. You know, ends poorly for them.
>> Yeah. Everyone's just on their phone watching shorts as they're driving and just mowing me down on the road. That's how >> Yeah. You have like 17 children. You know, you shouldn't be jumping on a motorcycle, Drew.
>> Yeah. It's good advice. It's good advice.
>> All right. Now, let's talk about some ETH. We haven't talked about ETH yet, everybody. Legendary trader who nailed the 1010 crash. He just dumped his ETH.
We talked about this guy. We talked about a lot. Remember it was the $10 billion hyperunit whale. It's the guy who had like the billions of dollars in Bitcoin and he swapped you know hundreds of millions into ETH here. So he shorted the 1010 crash. He deposited $526 million in ETH to Binance. This is the same well he made headlines for rotating $5 billion of Bitcoin into ETH. Now his stack is down to just 1.8 million. So, he sold nearly everything. Well, he still holds 754 million in Bitcoin onchain. Will he sell all his ETH?
People are wondering. And let's just go back to the charts. We've been watching for a while. We laid out this green triangle, this little rejection zone. We got to flip this into support if we want to see the ETH rally here. I mean, Drew, it's just a very, very clean rejection.
>> Got in there, rejected again. Says 100 day. So, let's pull up that 100 day.
Where are we at on that? Let me find it.
Here we go.
Oh, wait, wait. Let me bring it. Go to the settings. Pull up the 100 day. Get rid of the 200.
We're slicing through like butter.
>> Trying to Yeah, the markets are in indecision right now.
>> Yeah, that looks real flat in trajectory compared to Bitcoin, too, right? Like I kind of compare all altcoins to >> Is that more bullish or bearish, though?
Because, you know, one angle you could say there's more room to the upside. The other angle would be, well, it's just generally more bearish.
>> I think it's generally more bearish than Bitcoin for the time being. You know, I mean, if you're you do have that famous saying, the more times you knock on that door, the more likely you are to break through it.
>> Yeah. Um, >> I like to say, you know, you run down an apartment hallway and you just start banging on the doors, you know, seven doors on the left side, two doors on the right side, >> right?
>> You know, people on the left side likely to open.
>> Yeah. Um I just we've had a lot of really good momentum this weekend and it's still it got beat down even lower in that rejection zone than it did the weeks previous. Right. So there's definitely some sell pressure. I saw that there's a little bit of unstaking movement from the ETH Foundation that's being rumored right now as well which isn't helping the situation. Um, you know, so that that is a battle when it when it comes to like I'm in it for the tech, aka lots of money to buy things for my family. I just ETH doesn't really get me that excited. It's still an altcoin in my opinion, right? Um, so yeah, I mean, I'd say I would wait for it to break above that channel and retest it as support before cooking on up. Bitcoin, in my opinion, is already doing that. ETH, you slacking. E, Ethereum is slacking. There's lots of good news about it, but it is slacking in terms of charts. So, can't deny that.
>> All right. People holding up their state gas taxes and saying, "Man, you should look at Illinois."
>> Of course, you know, they have to fund Chicago in a weird, you know, that's normally how those state just that's normally how the state governments operate. You know, they pull in more money, but they also spend a lot more money. Pulled up the list here. Number 50 or one, depending on how you want to look at it. California, 71 cents per gallon. Number two was Illinois. 66 cents per gallon. Let's just check out Georgia real quick. 17th only 33. 49. So, one of the best states, very surprising, Hawaii. Hawaii coming in. And then, not surprising at all, Alaska coming in for number one.
>> Okay. Okay.
>> Or 50 again, depending on how you want to look at it.
>> Yeah. Um I I don't know. I just for ETH, man, I think we all agreed ETH's worth about $2,400 a few years ago, but you know, it is what it is. I just it's maddening that it barely hit a new all-time high in this last bull market, right? It was like a few dollars a new all-time high and uh just blue balls across the spectrum for ETH. But the gas thing isn't really I don't know, Dy. I mean, we we're running out of strategic reserves, you know, so we need to increase strategic reserves. They don't give any clear outlook of the war coming to an end. And this is why like I don't know just betting against what we're being told seems to work out the best for me. And uh yeah, Vitalics bank account hit new alltime highs. That's kind of what the ETH uh play. It's just a cash cow for technological advancements. Does that benefit the holders currently? No, not so much. But you know, at least they're building. We they they build.
>> They're building. Yeah, >> they're building. Now, are there zero to exploits getting harvested? Potentially, potentially. Uh, ETH is a very easy 3x from today's price. So, imagine a company investing millions. Easy money for them. A 3x is a great safety safety net. I could see a a 3x. I can see a 6,000 ETH when eventually we kind of hit that new bullish period here. Vitalics bank account new alltime lows. I do want to look at a couple more alts, Drew. And I don't know, chat, let us know what altcoins or stocks do you want us to look at. Maybe I'll pull up Tesla right after this. I did want to share the Canton chart. We talked about the symmetrical triangle. I gave some thoughts on this last week. I say no bounce off the top trend line equals a warning. No bounce off the bottom trend line retest 10 cents. Well, Drew, we didn't even come down to the bottom one.
Got very close to the 100 day moving average. Shot through this resistance.
Okay, maybe a little a little p. Okay, little pause. Little pause. Took a little bit. Knocked against knocked on the door. Knocked on the door. Knocked on the door. And then now flipping bullish here. So Canton, a little more room to run here, I would say. Let's look at Tesla real quickly. And Drew, I don't know if there's any altcoins you want to check out. Yes. Yes. We told you nice accum I told you folks, if you have zero Tesla, I love accumulation here. If you have a bag, I wouldn't add, you know, wait for for it to dip down here.
But Tesla's starting to look pretty bullish, Drew. starting to look.
>> That's a hard one to gauge because it's so emotionally driven off of Elon Musk.
>> Yeah. Um I mean some things that come to my mind that you know I've been paying attention to is Morpho Aerod Drrome Virtual looks good. We should go and circle had a crazy morning from that. Uh again this is another one we charted.
>> So keep an eye out on this uh trend line here and might reject off of it. But man, check out this. All right. Huge huge swing.
>> A lot of volatility this morning. Yeah.
Like >> you could trade a couple of these like I could trade uh coin on two bit and stuff. We should find out what we can trade for these on uh on Zumx as well, man. Because like this morning the volatility is there. I mean, you're you're going to have ways to make money all over the place if you're trading these uh these market opens, but they are kind of hard to gauge which way they're they're going to go. What are we looking at on virtuals? had a good weekend. It looks like here >> it it did have a good weekend. I mean, it is down slightly today. I personally would wait for a retest near the yellow line. I probably wouldn't wait for it to touch. I'd probably jump in a little bit early. Maybe like a 80 cents.
>> Mhm. Yeah. A bump and run down at that 80 cents makes a lot of uh sense. That's kind of a W pattern and the retest of the center point >> usually happens um you know once it starts breaking out. So that's like we we see some of these double digit gains on all altcoins and you can map out what's got the juice in the tank right now, but being patient enough to wait for that retest is uh you know sometimes called greedy if you're sitting on the sidelines having to wait.
>> I'm like a Salana Salana coming retesting the midway point. You know might have a nice little rally to 107. I think a lot of people are going to start shorting this one Drew right at $100.
One of the reasons they're going to see this swing high, probably start piling in some shorts. If these get liquidated, get a little short squeeze to 100, nice psychological number, more and more people short that, and then that short squeeze maybe gets us to the top of the range. That would just be my my quick prediction for Salana. Of course, you know, impossible to know for sure here.
Looking at a couple other things here.
Uh people looking at UNG, liquid natural gas. So, that's a ETF covering liquid natural gas. So, we're just going to look at liquid natural gas here. Oh, man. I have to uh maybe we'll just look at this is the master P ETF. It's make them say I'm actually liking natural gas here.
Still playing a little bit of some natural gas positions. We We got in and out of them. Still holding a little bag here. I'm liking I mean, just it seems like natural gas should go higher. No, I mean, you're looking at this Well, and it depends on how much is made in the locations that are at war right now. Um, I think I believe the US makes quite a bit of this locally. Um, so >> still global market though at the end of the day.
>> It is a global market for sure. Um, >> you know, it's not siloed. America isn't siloed from the global market.
>> That looks like it's more. Okay.
>> That when you're looking at it from this backed up, I mean, that does look very coiled up. So, I imagine a pop off that floor likely.
>> We said a little I'm still in some wheat funds, too. Uh, made a little, you know, bull flag prediction here. Uh, I I would be cutting and running really really close. I would be front running this local top a little maybe left over and then get out uh, you know, once we hit this level.
>> Okay. Okay. You're still holding potatoes are way up. Beef is way up. I don't know the beef ETF though. I think it might be just this.
Oh, it's actually down a little bit.
>> Yeah, I'm looking around my town for farmers. I'm trying to buy beef from my local farmers. It's kind of a pain in the butt. A lot of them shut down lately. So, um you know, beef, it's something that I think is just going to become more and more expensive.
Like that's more of like a long-term upplay, I think, on beef. Um it's not getting cheaper to raise cattle. You're running into more regulations trying to stop us from eating delicious steaks.
So, you know, making money off of their attempted to scam us out of a delicious ribeye steak makes sense. It does.
>> SanDisk higher today. It is down slightly, but open higher. Sandis just going insane still.
>> Looks like VVV right now. That looks crazy. Um, >> top ropes. Plume is an old school one.
This is like a they do sectional RWAs, right? And like design of it was cool.
This looks like the the natural gas chart. That does look like the natural gas >> we got a nice little retest.
>> Okay.
>> To our level perfectly.
>> Not bad. Not bad at all.
>> Yeah. Plume's a interesting one, man.
And this is like the time frame where, >> you know, taking a risky bet on what some of these altcoins make sense for me. You know, that's why I'm looking at some of the tether and some of the sidewalls like And now I'm starting to map out what altcoins want to add to the bag. um because things are starting to look a little bit bubbly. Uh nothing no like over 10% of my portfolio type action, but you know, I'm starting to get an itchy trigger trigger finger on a couple >> Drew, we are outside of, you know, there's a little liquidity pocket right here.
>> Okay.
>> See why it was established just Oh crap, I hate when I do that. Hold on. Control Z. All right, there we go. Yeah, you just see this this range was established a while back. I mean, this is Let me look at the date here. This is February of 2025.
>> Mhm.
>> I mean, if you go back even Okay, so this is going all the way back to November of 2023. This is a multi-year level that we've been looking at. And I'm I'm not hating the bit tensor chart here. I think the double top might be negated.
Huh.
Yeah. I mean, and it's trying to build a higher floor for itself. That's was something that I noticed last week is like the floor looks more like 200 250 now uh for potensor towel you know so on structurally good projects I just like to understand where the likely floor point of price defense would be and TA looks like it's ready to defend 250 if it gets revisited. So when it gets to those double top levels I will snoop around for a short on leverage. Um, you know, maybe I should start searching for that short right now, now that you're drawing out that trend line, though. Um, yeah, but I think 250 will be a good uh kind of top off the bag type zone for me because the first one was around 125 or 130 and that worked out pretty good, but it's it's trying to build up some more strength. So, >> all right. And one more. We'll look at Cardano here.
>> Oh, Drew, >> it's happening.
We might be flipping line two. I'm liking this. I'm liking this.
>> Okay. Okay. I like >> line three is like way above us.
>> Yeah. I mean that me and Crank were talking about this chart like even though like even people that don't like Cardono understand that the risk-to-reward ratio on a project like this is extremely good, right? Um you know, so >> when it's breaking out of this, it's uh Are you still running this pool? I'm still running the DZ stake pool. Folks, if you self custody your Cardano, go check out DZ stake pool. And also, if you want to save just save a little money with some tax advantageous strategies. I'm not a tax professional, but you can go here, talk to the team.
They have people that actually answer the phone. You're not going to talk to a bot. You're not going to talk to a, you know, foreign call center or anything like that. So, definitely go check out Bitcoin IRA. If you have a regular boring IRA, I'd highly recommend switch to something cool, something like Bitcoin. don't get, you know, eaten away by the fees from some of those other some of those other companies. Drew, anything else you wanted to share here?
>> Uh, well, I'm going to be going live on the basement here next. Uh, you know, there's a lot to talk about. Children are out there leverage trading Bitcoin.
The government's released aliens.
Allcoin season's trying to rear its psychotic head back into our room. So, uh, we'll be going live on Blockchain Basement covering that. And I got Owen in the next room setting up the new studio for the base >> where we're going to get real degenerate. So, I'm pretty excited.
>> Uh, super chats real quick. Real quick.
Uh, let's see. So, looked at a couple of those.
>> Uh, we missed.
>> Okay. So, when does Bitcoin make a new all-time high?
It's a good question.
I was uh So, >> August.
>> You think August this year?
>> Oo. Okay. I feel like I feel bullish, but I was I was thinking more like January. My wife, she's still thinking about this. I know that the chat was asking for what my wife thinks, but I'm thinking January of 27. Um, she was thinking the all-time high for the next bull market is smack dab exactly where I think in October, November of 2029. But uh this year would be insane, dude. If we broke all-time highs, 127K this year, imagine how imagine the smell. Imagine how many people on the sidelines would be just writhing in anger watching the price rise. Uh you know, it can't keep going like this. You know, that's kind of the the vibe that Bitcoin's given me.
It's going to do. Uh let's check it out.
Let's you know, >> well, this is super weird. But I went I went to uh before we get into that one, there's also the chip one. They said we look at that a little bit later. I'm from a place called, you know, I lived in Wilmington for a long time. So that's super weird. USD uh aai announces Wilmington Trust. Chip escrow agent.
This one don't know much about. Let me just click on their X account. Got to hide it. You never know. You never know what they're going to be clicking on.
>> Going in raw.
Okay, this dubious saying the dollar that builds AI wherever it forms. Give me the most vague generalization about AI in the world and I'll give you that sentence.
>> Okay.
>> What is it? Oh, it's a dollar that builds AI. Oh, okay. Like how? Well, wherever it forms >> with a hammer.
>> Oh, yeah. Ones and zeros and a hammer.
>> Okay.
>> Okay, sure. I guess >> who's it followed by? Don't tell me Virtual Bacon follows this, too. I swear to God every >> It's not an account he doesn't follow.
>> Okay. He just follows them all. I get it. I get it.
>> All right. Well, it looks like they I'd have to look more into this one. Okay.
So, it's just the people building that.
Okay. So, it's like, oh, developer of it has bought back token buybacks is a lot better than sign than they're dumping on you.
>> Yeah. Absolutely. Um, >> okay. And they got a guy on Coindes. So, that means they have juice for advertising.
>> Yeah. Remember that Tether project? I hate it.
>> There was a Tether project or something that came out. I can't remember what the heck its name was. It was like uh PLS or not Pulse Chain. It was something along those lines. I just these things never do well. I feel like it's just it's an insight.
>> Uh 20% of the tokens out, you know, remain, you know, 80% remaining.
>> It's a little bit crazy. I remember TIA was a thing. Is it completely gone? Also thoughts on ICP with current improvements. Tia, you know, modular blockchains was going to be all the rage and a lot of smart developers, people who actually coded. People who knew how to code before AI were like, "No, this is going to be a big thing." Looks like they were either paid to say that or they got tricked into saying that. You know, Virtual Bacon, you brought him up.
I mean, he would not shut up about modular blockchains and how it's going to be the next big thing. He was a former developer turned into nothing. I don't even know if he honestly believed that opinion there. Thoughts on ICP current improvements?
It's gonna trend down against Bitcoin.
That would be that would be my uh two cents there.
>> Yeah, I made a lot of money off that.
I'd consider it vaporware, but I made a lot of money off of it. Just trading >> guttural lows on ICP. And this is the one that went nowhere. Speaking of going nowhere, it was plasma. You remember that? It was a tetherbacked >> tether. Yeah.
>> Um tetherbacked stable coin, you know, >> do we need another L1, >> right?
>> It's just the answer is no. It's always no. Uh, thank you for the $2 super chat there, Krypto Steo. Uh, good discussion.
Good super chat. Appreciate it there.
$5. Appreciate that. Uh, Z, uh, Zbeck Network, right? Yeah, I think we did JP Morgan lobbying. Yeah, that they're going to do that.
>> Zbeck, honestly, the chart is really good. We covered this last week. It's not horrible to bring it up again, though, because this is a micro cap that has a lot of good structural integrity to the chart. Um, and it's been around for a couple cycles, right? Okay. So, now I can more comfortably.
>> All right. I made the prediction. You know, we're going to retest this, but it's saying I don't think so, DZY.
>> Yeah. I mean, that's that's a good looking chart. You can't you can't deny it from a technical perspective. So, small market cap. I wouldn't be going after it with more than 5% of my portfolio by any >> starting to maybe show a bear div on the 4 hour.
>> Maybe.
>> Hello. Not bad. Might even feel frisky and trade this one, you know?
>> Um, okay.
>> I've been starting to trade altcoins more, man. like you know I in the on the way down it was fun to short Bitcoin make tether and then buy more Bitcoin.
Now that things are leveling off though trading the altcoins you know it's been pretty exciting for me. So you know and some of those may have been from Friday.
I I am aware. But folks that is our show for today. Go join Drew in the basement.
I'm going to be putting out a video tonight on Are You ready for this one?
Is the Zcash pump predicting a Bitcoin dump? Drew.
>> Oh, okay. A little bit of money laundering maybe going on.
>> Yeah. So, you know, it'll probably say, you know, Bitcoin, major Bitcoin move is coming. So, keep an eye out for that video. Turn on notifications. Smash that like button on the way out. Check out our sponsors down below. Uh we have links to all of them and we're doing a free giveaway for new deposits on ZoomX.
I did close my trade. Um should I have held it? No, no, it was actually perfect. Perfect. So, it was a good thing we got out of that. Folks, that's our show for today. We'll see you folks in the future.
We just wanted to take a quick second to shout out our sponsor, Arculus. They are a cold storage hardware wallet. Helps you secure all of your digital assets for the future. Just tap this thing to the back of your phone and boom, you're in. We wouldn't be able to do this without them, but also wouldn't be able to do this without you guys, the Disco Fam. You've supported us a lot over the years. If you want to support the channel now, just use the code DC20. It gets you 20% off this card. It's the number one way you can support this channel going forward. Thank you for your support. We'll see you at the top.
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