This Is NOT Altseason. Transcript, AI Summary & Key Points

00:01 Okay, we finally had a Bitcoin breakout or should we say another Bitcoin breakout. There's the breakout over there. 86,550 uh right now. Now the interesting thing about this breakout is because I've been watching the Bitcoin price and I think we all have been watching the Bitcoin price and ultimately Bitcoin's been trying to break out of this level for a long time and what you can see basically happening here is very slowly the liquidity is basically being knocked out of this level and so it seems that you know we're

00:29 going to keep knocking knocking knocking knocking knocking and eventually we're going to really break through this level. I think this is just the beginning of of the breakout. I think if you look at the liquidity and you basically look at how the liquidity is, this this says it's from glass. It says the cell wall over Bitcoin has gone. The buyers took out 85,000.

00:44 That's the first cell wall that's basically gone and the rest of the order seems to to have been removed, which means that basically after chipping away and chipping away and chipping away at the same price level, Bitcoin finally started to break out. Now, why did Bitcoin break out? I don't know about you, but when I woke up this morning, Bitcoin was already much higher than it was yesterday.

01:03 So, what were the reasons? A couple of reasons. I mean, one of them was the oil price. So, you see the oil price started to come slightly down, which again means that maybe there's some progress being made in the war. I don't like talking about the war because we don't know anything about what's going on there. Like, every day it's the war's over, the war's not over, the war's over, the war is not over.

01:19 So, I don't even try and speculate about about that. What we also know is that the Fed members actually came out and started speaking. Um, this time it was Vice Chair Philip Jefferson and he basically said, "Look, we're going to slow down before we just carry on increasing rates." So, which I think is the correct move, right? You don't want to be just before a midterm election and be raising rates two meetings in a row.

01:41 You kind of want to raise rates. You don't want to sabotage the election. And then you want to go step by step by step and slowly raise rates. And that's exactly what's going to happen. Then we got another bit of good news. Well, bad news, good news. So the bad news is that the US economy only added 29,000 jobs in September, which was way below the expectation of 89,000 jobs.

01:59 The good news is that the US economy added 29,000 jobs instead of well the good news for us is that the US economy only added 29,000 jobs instead of 89,000 jobs which means that the job market is cooler than expected. A cooler than expected job market means another reason not to raise rates. And so right now the probability of an interest rate hike or or not not hike this was before the news came out.

02:24 So before the jobs numbers came out there was a 76.2% 2% chance of rates remaining where they are. 23.8% chances of of rates going back up. We're going to refresh this together. 5 4 3 2 1. Let's refresh it together. And now it'll be over 80%. 81 81.7% chance of no rate hike. Uh that decision is going to happen on the 28th of October. So there's still another month to go of economic data.

02:49 But I mean, good news. good news is that they're not going to raise rates or they're not really um basically talking about about raising rates. Some some more good news on on the Bitcoin front. Now, this is really encouraging news. So, generally long-term holders tend to realize profits tend to take their profits realize their profits on Bitcoin when they think that the market has gone up enough.

03:16 Right? So, just look at it. You can kind of look at this chart historically. I'll show you a better chart in a second, but what you can basically see is generally they accumulate and then as the market goes up to the point where they think that they're near the top, that's when they start offloading their Bitcoin. And generally they start offloading their Bitcoin when they think the market is basically taking a big run, right?

03:34 And you can see it again here. Like you can see that happens every single time. I'll see if I can show it to you in in a slightly better here. This is a slightly better chart. What you can see is generally as we get further along in the bull in the in the uh uh bull market, that's when the long-term holders basically offload and they generally offload just before the top.

03:54 Right now look at where we are now. These guys basically have that what the the signal that they're basically giving us is that they don't believe that we're anywhere near the the top. like we're nowhere near not even the top that the we're not we're nowhere near the run actually starting which is like which is like it's a very very very encouraging sign.

04:17 It also plays into my thesis that this is going to be a much much much more aggressive uh bull market not only for Bitcoin but specifically for alt and we'll talk about that in a couple of seconds. Um remember my thesis and I'm going to try and get us a chart. There must be a chart here that I can actually um hold on let me see if I can actually find you this chart.

04:35 Yes, this is the chart that I actually want to show you. It's this chart over here. So, let me just get it first. Okay, so my thesis is that Bitcoin has a massive catch-up trade to the stock market, right? So, if you look at the stock market, this is the stock market. This is the the alt market. This is obviously 1010 when we started to basically collapse.

04:57 And there's about 103% difference between Bitcoin and the the stock market. So the plain catch-up trade to the stock market is 103%. And that's before we get the premium for being in a more risky asset. So I really think that this is going to be like the super cycle of super cycles. It's going to be much bigger than any other super cycle, right? And it's quite funny when when I look at the makeup of crypto investors versus the makeup of like traditional investors.

05:24 So that's what the S&P 500 looks like now. I mean, if you measure it from where it is to the top, okay, from the top top, which is here, to where it is now, it's 1% from the top. And these guys are basically themselves. Okay. Like they they're in fear. Okay. Can you explain to me how with your market 1% from the top you are in fear? I don't get it. I don't get how with 1% away from the top you are in absolute fear.

05:58 Um well the crypto crypto is now at greed. It was an extreme greed a week ago but it's it's it's actually at greed and we'll talk about we'll talk about what that means and and how we're going to be navigating it in in a second. Right. Um speaking of crypto and the stock market, this is actually a very cool interesting stat. It says little known fact, Bitcoin has never been beaten by stocks over a 4-year investment duration.

06:19 Even if you bought the top, even if you bought the top, Bitcoin has never been beaten by stocks in in fact uh at a 42% C cag, Bitcoin beats the undisputed champion of hedge funds, Renaissance Technologies, who delivered 39%. Holy moly, that's that's a great stat. Like we Bitcoin has never beaten has has never been beaten by the stock market in a four-year investment cycle.

06:44 and it's beaten Renaissance Technologies delivered 39% their investors. Holy moly. That's actually unbelievable. That's really really unbelievable. Uh I also think that it might be a good week for Bitcoin next week. Uh reason why I say it might be a good week for Bitcoin next week. And I say maybe maybe is because if you look at STRC, STRC is almost back at 100.

07:04 When STRC gets back at 100, the question is whether Sailor will actually be able to use it to sell STRC. remember he's already bought back $13 billion worth of STRC. Question is, when STRC gets back to to um uh 100, will he be able to sell like over a billion dollars and be able to uh with that billion dollars be able to go out into the market and actually be buying Bitcoin?

07:32 That's what that's what we need to wait for next week. Sailor's pretty confident. He's starting to play the ads again. He's starting to play the the STRC ads again. >> Hey, you again. How have you been? >> How have you been? >> Me still living a comfortable life powered by Stretch? >> It's even better now because I get paid twice per month. Have I checked the price?

07:55 No, I do not check the price. I'd rather chill on the beach and look at the sunset. >> Sailor, >> what? You have anxiety cuz you look at charts all day. Maybe you should join me here. Look, I I don't like Sailor's AI slop ads, but I tell you, I like that ad. I like that ad. That That's a good ad because, you know, he it shows that he understands the psyche of the crypto market or specifically our psyche in the crypto market.

08:20 Yes. And speaking of our psyche in the crypto market, we're not here to talk about Bitcoin because we're here to talk about these things. We're here to talk about old coins. But before we do, before we talk about altcoins, welcome everyone. It's Friday. I decided to do a show on a Friday. You know why? because I love what I do, right? I actually posted earlier on today.

08:39 I don't know if any if any of you follow me on X. It is they talk about the best ex the best account on X. Elon's mentioned it a few times. He said it. He said Ran's account is the best account on X. Um I don't know why they don't pin guys. You pin the new Hello guys. Bruno, you pin the new show to the profile. Anyway, I said I actually tweeted now and I said uh uh 30 years in business.

09:03 I'm hungrier now than I've ever been. I'm having more fun now than I've ever had. And you know why I have fun? I have fun because we talk about altcoins on this channel. So, if you're a Bitcoin DJ, this is what the time for you to to sign off. We'll see you again tomorrow or the not tomorrow, the next day. Until then, you can trade well. If you're in for altcoins, we're just about to get started, right?

09:21 And I've got a big big big altcoin show for you guys today with tons of alpha. So, if you like that, smash the like button cuz I see there's only 110 likes, over 1,000 people here today on a Friday. That's like a like a bonus show, bro. This is like a bonus show. Looks like an absolute bonus show. Let me know in the chat if you're coming to Singapore next week.

09:42 Someone says that this is a pre-record. Mind fitness. If this is a pre-record, then how am I reading your comment, bro? You see how am I reading your comment? Um, okay. So, let's talk about altcoins because that's the reason why we're all here, right? We're all here because because we're we're here for altcoins, right? Um, and you know my thesis around altcoins, my thesis is that this cycle is is going to be led by altcoins.

10:07 My thesis is that a that altcoins on average on average can get this. I know you're not going to believe me, but on average, I think the altcoin market is going to do an 11x. Yeah, I said it. The altcoin market is going to do an 11x. I have a a very simple calculation. If you want, I'll show it to you. Just let me know let me know in the chat if you want it.

10:28 I'll show you how the altcoins actually do an 11x, right? So, the first thing is you you make an assumption around Bitcoin and you say, well, what's Bitcoin going to do this cycle? And the way that I make my assumption is I basically go I go, hold on a second. Every other other cycle, we've at least doubled. Let's just say we double. If we double, we go to 250,000.

10:47 Let's just take it 250,000. All right. So, that takes us to to Bitcoin does a 2x, right? But then you look at the altcoins and you look specifically at this channel and you see the others versus altcoin channel and you say you know in the first cycle when you look at others versus Bitcoin they outperform by eight altcoins outperform Bitcoin by 18x. In the second cycle altcoins outperform Bitcoin by 7x.

11:10 If you kind of measure where I think we're going to go here that gives you a 5x. You see that gives you about a 5x. So you take the performance of Bitcoin which we said is a 2x and then we said uh the performance it's actually higher. It's actually higher. It's actually much higher because what you got to do is you got to take the performance of Bitcoin.

11:30 So it's a 3x times a 5x. It's a 15x. It's basically a 15x. So I think old coins are going to do a 15x from here, right? And I also think that in this cycle, Bitcoin is pretty much not that relevant. I think that this is an altcoin super cycle and it's a Bitcoin cycle, not a Bitcoin super cycle, right? Um, and you can see that when you look at the charts, as I said to you, like the first chart that you want to look at is look how early in the cycle the ETH BTC chart actually broke out.

11:58 So, the reason why I say it's early in the cycle is because when you think about old coins or an altcoin season, you basically say this is the the old path. It was like first Bitcoin had to run, then ETH had to run, then the large cap also had to run and then the small cap als had to run and this cycle is something completely different, right? It is a this cycle is very very very different.

12:20 Yes, Bitcoin initiated the run. But let's look at how this run looks when you chart it, right? When you chart the run, this is the Bitcoin run. You can see that some coins actually even started moving before Bitcoin, right? And then you can see that I mean coins like Zcash, etc. all started moving before Bitcoin. Right researchers, can you quickly make us a version of this chart and add in Zcash and add in Hyperlquid uh specifically Zcash and Hyperlquid into this chart?

12:48 Maybe they'll send it to us very quickly. Right. So, what you can see is you can see that in this run is very different from the previous cycles. One, that theory doesn't hold anymore. And two, like this is the this is a comparison. Look at how the altcoins are basically moving. Like look at how the the the altcoins are basically moving ahead of Bitcoin unlike the previous cycle.

13:11 So this is 94 days since the bottom of both cycles. This is this cycle. This is the old cycle here. Look how high Bitcoin is relative to old coins. And now here look at how the others others soul ETH etc are outperforming Bitcoin. Okay. Why? Because this is an altcoin cycle. It's not like the old cycle where we first have a long Bitcoin bull market then maybe ETH follows then maybe soul and every now right now actually the small altcoins are the ones that are performing the most.

13:44 So small altcoins are measured by the the others and what you can see is that in this bull market others is already starting to move very far ahead of Bitcoin which is different from the other cycle. So in short, in short, if I were to summarize it, I would say this is an altcoin super cycle. Let's see if the researchers actually watch the show and they actually send us that chart with Hyperlquid.

14:04 But if this is an altcoin super cycle and the the the super cycle is actually the exact opposite of the other cycle. When I say the exact opposite of the other cycles, it's going to be the small alts that actually run. this the the the large caps will also run, but the Bitcoin and ETH potentially won't run. And I even put maybe even Salana and and a whole lot of other L1s into this um in between phase three and phase 2, basically saying they're going to run last right now.

14:39 This is where you want to be playing, which is which is very strange for an old for anyone who's been here for more than one season. What you'll what you'll know is that you wouldn't touch the smaller altcoins until you got confirmation from Bitcoin, from ETH, from Soul, from Suie. Then only would you go down to to the application layer. But this time it's very different.

14:57 And I'll explain to you in a couple of seconds why it's very different. So it's an altcoin. So this is an altcoinled cycle. Now the question is if this is an altcoinled cycle, has the actual altcoin season started? like has have we actually got to a point where the altcoin season has actually started? Now you want to say yes because when you look at the chart you you you like wow look look at these one month returns on altcoins great returns 167% quant 2 276% uh midnight arbitrum 80% when you go to the top 200 I don't

15:33 I don't know how anybody does anything in crypto without the bubbles like I I I couldn't trade if I didn't have the bubbles. Um so so the question then becomes is this actually altcoin season? So the first indicator which is the one that a lot of people use is it's actually not old coin season right it's not old season they measure it by saying if 75% of the top 50 coins perform better than Bitcoin over the last 90 days it's not old it's it's it's old season but they're saying that right now only 53 of the top 100

16:03 coins have outperformed Bitcoin. So, actually, we're not in a full-blown alt season yet. I think this is like one of the dumbest measures for altcoin season. And the reason why I think it's one of the dumbest uh measures for altcoin season is because when 75% of the alts have outperformed Bitcoin. Yes. Okay, great. There wasn't. There was an old season.

16:26 You missed it. You're now catching it because you're a wakey wakey. 75% of the altcoins have just outperformed Bitcoin. It's old season. No, bro. It was old season when when this thing was running. So, this one says not. It's not old season. This one says it is old season. So this is the CMC the coin market cap indicator. It says reject. Come on. Um uh it says that it is actually old season.

16:49 Okay. So yeah it according to it its measure it is old coins season here. The research has actually made us a chart or at least they say they have. Let's quickly open it. Yes. So you can see again how how how the hype and all the other ones all started running. It wasn't. This is the Bitcoin line here. Bitcoin wasn't the first to start running. Look at where the others actually started running.

17:13 They started running. Oh, you can't see it on your screen. Um, the others actually started running before Bitcoin and Bitcoin actually started running a bit later and and and much less aggressively, right? Um, so, so going back to it, this one says it is old season. Sorry, it's not. This one says it is old season. This measure says we're in absolute euphoria.

17:36 Now, the question is, is this actually old season? Now, I'll tell you one thing I know for sure is that so far this has been for us an incredible season because our portfolio or specifically my portfolio, which is this portfolio over here, my portfolio is at an all-time high. Never ever ever has my portfolio been higher higher than it is now. And we're not even 90 days into the bull market, which is a great sign.

18:01 It's a it's a great omen and specifically if you've been following us and you've been following all of our calls in front runners I can't you know if you're in front runners please tell me if you're making money or uh if you've been following the calls if you actually been making money right um cool um so the the reason why we've done so well is because we've selected the right tokens and if you look at our token selection effectively you can see how most of the tokens that we selected actually barring Hyperlid So this

18:31 is like crazy. But the one token that hasn't out the one token that hasn't outperformed Bitcoin in the last 90 days is Hyperlquid. Can you believe that? Like in the midst of this bull market, the one token that actually hasn't outperformed Bitcoin is actually Hyperlquid, which we'll talk about in a couple of sec. So it is an altcoin driven super cycle, but but some people are saying that it's not old season yet.

18:57 Some of you are going to tell me that your portfolio is at an all-time high. And some of you are going to tell me that your portfolio is not at an all-time high. Right? That's basically Someone says, "What's the hit rate on calls in Front Runner?" Over 80%. I can tell you that if you go back, it's way way way over 80%. Um anyway, so um question then becomes, how come some people are have portfolios that are at an all-time high and others are not at an all-time high?

19:22 What's the discrepancy here? How come some people are telling us that it's old season and some people telling us that it's not old season? It means that there's a discrepancy. Now, the question is what is the what's the discrepancy? Why is there why are some people at alltime high and some people not at alltime high? Right? Look, if you've been playing meme coins, chances are if you've hit if you've hit a runner, good for you.

19:44 Um if you haven't hit a runner, then you you probably lost all your money playing in meme coins because in a world where there are 62.63 63 million different token projects. Okay, you've got to be really smart in what you choose, right? And that's what's basically happening in crypto right now. You got like, you know, in in Tradfire, they talk about the K-shaped economy, right?

20:05 And they say like, you know, if you've got assets, you're getting richer, and if you're not an asset owner, you're getting poorer. And they call it the K-shaped economy because it's shaped like a K, right? Same thing with crypto. You've got a K-shaped crypto market. And basically, if you break up the market, you say there's two types of tokens. those that have revenue and have found a way to share revenue with their customers or their holders and those that don't and those that don't basically go down.

20:29 And if you want to visualize it, it basically looks something like that. So if you were to draw a K, you would say the revenue sharing tokens are basically doing that and the non-revenue sharing tokens are basically doing this like that, right? So here's here's the the the a chart that basically shows this, right? Old season actually depends on what you're holding.

20:48 If you're holding the right tokens, and when I say the right tokens, if you're holding hype, near pump, zcash, morpher, radium, jupiter, uh this class of tokens, you're having a great time. If you're holding this class of tokens, you're not having a great time. XRP, Doge, Litecoin, Falcoin, ETH Classic, Cardano, IOTA, DOT, TZOs, BCH, you're not having a good time at all.

21:11 It's in that K. You're the guys that are here and the guys that are buying the right tokens are here. Luckily, we have been in in in the top part of the K. So, what is the secret to this bull market, right? The secret to this bull market is that this bull market is actually led by the altcoins, number one, but not any kind of altcoin. It's altcoins that make revenue and have found a way to share the revenue with their token holders.

21:36 That is the tokens that are driving the cycle. The tokens that are not doing well this cycle are tokens that don't have revenue and that haven't or tokens that have not usually um that have not found ways to return their profits back to the holder. So if you look at like the chart the tokens you take a token like Athena Athena has revenue when they switched on their fee switch look what happened to the to the price of a token.

22:03 You take a when they switched on their fee switch fee switch means they switched on the returning of fees to their holders that's what happened and if you think about pump this is when they told us that they're going to switch on their fee switch and that's basically what happened right um yeah so so that's basically that is basically um uh uh uh the the the protocols that are going to work.

22:28 So what does that mean for this? Well, effectively what it means is right now your job is actually to go and skip all of these things and identify phase four and phase four is can this protocol make money and will the protocol be able to give the money back to the holders. It's a very different cycle and in fact in this cycle tokens like Bitcoin, tokens like ETH, tokens like like like Salana, tokens like SUI, they aren't going to be good performers.

22:59 And the reason why they're not going to be good performers is very simple. They have no way of returning revenue to their holders, right? You know that no matter how busy Salana is, Salana is not going out there and buying back them, burning their tokens. They do have a buyback and burn, but it's so small that it's actually inconsequential, right? When you get a token which has a limited token supply in circulation and all of a sudden that token starts doing a buyback and burn, those are the tokens that actually run.

23:25 So if you're sitting on like Avalanche bags, Salana bags, ETH bags, and you're waiting for this like massive run in avalanche, it's not going to happen because they're not buying back and burning the tokens. The only L1 that actually got it right was Hyperlquid. And Hyperlquid had its run in the beginning of the cycle, not and therefore it didn't run as much at the end of the cycle, which is why in the last 90 days, it actually hasn't been beaten hasn't beaten Bitcoin.

23:49 So let let's quickly go and look here. These are the tokens over the last 90 days that basically beat Bitcoin, right? So, let's quickly just go back here. So, let's look at the ones that never beat Bitcoin, right? So, BCH, does it have any way to return money to it share to its token holders? No. BNB does have a burn. I'll I'll give it that, but it's an L1.

24:10 Cardino, no way to return money to the token holders. XRP, no way to return money to token holders. Sheep, no way to return money to token holders. Hype is the one exception we spoke about. um uh Ethereum Classic, Worldcoin, Doge, AA, uh Cryptos, Cryptos.com, Stellar, none of these have got any way of bringing of returning money to their token holders.

24:31 And so that's why they're sitting under Bitcoin. Now, let's look at this. Pump has a way of returning money token holders. Athena has a way of returning money token holders. Zcash is the private coin. UniS swap have has a way of returning money to token holders and is making money. NIA has a way of returning money to token holders and he's making money.

24:48 V VVV has a you get what I'm saying? Uh um uh chain link falls at Pepe one of the meme coins. But generally that is the theme that's basically coming up here, right? The theme is do you have a are you making money and is there a way for you to make money uh with uh returning money to token holders and if you are then then then you'll do well. Also remember now that you need to understand what the narrative is.

25:14 Right now the narrative is that we're tokenizing everything. Right now the narrative is that we're tokenizing every single real world asset. Right? So you don't have to be you don't have to be very smart. You say, "Okay, hold on a second. If we are tokenizing everything, if we're tokenizing every single real world asset, then hold on a second. What are the protocols that are going to benefit from this?"

25:35 Well, unis swap's going to benefit. You know, is also going to benefit is Salana because if you look at Backpack, Backpack is the protocol that is tokenizing stocks on Salana. Okay. Now you look at that, those are the number of tokenized stock uh uh holders, right? And where are they going to be traded? Well, they're going to be traded on radium. So like for me, like I still think that radium is one of the biggest biggest biggest buy.

25:57 In fact, I'm actually going to go out or I'm not actually I'm going to actually go buy some Radium and just hold it just because I just think that it's such a like the market's basically telling you exactly what's going to happen. Actually, you know what I'm going to do? I'm going to open that trade on variational with you guys in a couple of sec. Um yes.

26:12 So, I mean, it's literally that simple. So, there's this uh tweet from Jamie Coots. Jamie's been on our show a few times. Actually, he's been on once. Um, he said he basically logged his agent logged every tokconomics change um that basically happened. He said, "The trend is clear. Product market fit remains paramount, but on its own it won't be enough.

26:32 Protocols need to show supply discipline and and value acrruel alongside it. So in a nutshell, this is crypto's first real bull market. It's a bull market that's not driven by hot air and the promises of like big things to come. It's a bull market that's driven by actual protocols that are actual are actually bringing uh money onto um uh into their protocol and using that money to then go and reward and uh yeah to reward their their token holders.

27:06 And if you get if you get that right, that's basically that's basically a slam dunk. So if you're holding hype, near pump, zcash, morpher, radian, jupiter, unis swap, which has basically been our portfolio, you're making money. There's a guy here in the chat says anyone who has listened to this guy has lost money. Don't know what he's doing here on a Friday afternoon, but I can tell you we're not holding any of these tokens over here.

27:27 We're holding all of these tokens over here, and we're not holding any of these tokens over here. So, I I suppose if you have been listening, you're probably making a lot of money. I also suppose that if you've been in the Discord group, then you're definitely making money. I know that because there's a lot going on in that Discord group. Um, I know that we had in the Discord group, we had a very, very big position in cards.

27:47 Um, that position popped this morning. Don't know if you guys witnessed it. I certainly did. Uh, what happened to Cards? Cards went up like 30% today. We're now 100% up on that cards trade. Literally, we're 100% up on that on that trade. Oh, I'm looking at the monthly, that's why. Yeah. So, we're now 100 100 more more than we bought it at 12 cents. Um, it's now we're 100% up on that trade.

28:08 Um, remember, if you want to join the Discord, um, you can join. There's two weeks free. Everybody gets two weeks free. Uh, if you love it after two weeks, stay. If you don't love it after two weeks, then leave. It's free. But literally like cards, back at highs, tippa. Yeah. like literally all our calls just one after the other after the other after the other.

28:30 It's all documented right here. You can go and have a look at it. There is a link below. Um there is a link below. You can have it for free. It's all free. Here we go. Um there is a link below. The link to you can join here. Um where Johnny doesn't like There we go. Just It's called 247 research. There it is. It's 247 research. Try that. Log on for free.

28:54 Um all right. Unless we can look at the individual altcoins and just see if there's anything that we need to talk about before before the weekend. Remember, tomorrow I'm flying to Singapore for token 249. If you're going to be there, let me know and then come come to the banter party. Um VVV up another 8%. So it's Oh, it's 30 bucks. Layer zero is on a bit of a tear.

29:14 Um actually sold my layer zero to fund something else. Maybe a bit of a mistake, but I still hold a small position. Tiny tiny position. Um, let's have a look here. The the gaming tokens are running. Why the hell are the gaming tokens running? Sandbox and Decentraland, like nobody goes to those places. What What are these people doing? Stonk 25, cards 25, which is which is where we basically um double our money.

29:41 Yeah. And I think that's pretty much what's going on. So, Sand listed on up. That's why. See, the researchers are are wide awake. Wide awake. Super also running here. Ilio is pumping. IO just made another video pumping super. Um, I think that's why super is running. Um, what else? What else? What else? So guys, that's the story. The story is it's going to be an a different bull market.

30:01 It's not going to be Bitcoin, ETH, major major alts, smaller alts. It's going to be smaller alts with money, etc., etc. Uh, and a mechanism to give the money back to their holders. That's pretty much that's pretty much what's going to be driving this. Um, okay. So, in other news, remember yesterday. So firstly, let's talk about what variational is. Variational is a dex.

30:25 It's a decentralized perpetual. It's a a de a decentralized perpetuals deck. You like hyperlquid. Um it's very easy to trade. In fact, we want what was the trade that I wanted to open? Radium. Radium. Radium. I actually think at 195 it's a good entry. Uh let us take 10,000 of them. Okay. You can't accommodate a available to trade. Come on. Well, you can't accommodate 10,000 position of radium, which is $19,000.

31:04 Oh, I'm I'm not asking for 20x margin. I'm asking for 10x margin. Let's see if that works. Yes, that makes that makes a lot better. Okay, let's just see if I can take 10,000 radiums. Okay, let's take 5,000 radiums. Okay, there's obviously a problem here with Radium, but generally this is a very very very good perpetuals decks. The reason why I love it now is because in Q4 you guys are going to get an um you guys are going to get uh uh an air an air drop based on the number of points that you actually get right now.

31:35 To get points, you need to trade. The trading is free. Like there's no fees. See? So look, like literally there's zero fees. So not only are you not paying fees, but you are getting you are farming points and those points are going to give you an airdrop. that airdrop is going to be a billion dollars. So if you want your share of a billion dollars and it's going to be substantial, all you do is you go here, you sign up to variational over here.

31:57 You sign up to variational and you use the the code omniun. So two things happen when you use the code omnirun. One is that you get 15% extra points, which is the biggest number of points that you can get is is 15% extra points. The second thing that happens is I get a list of the people that signed up from the previous days and I chose a winner yesterday.

32:17 I chose a winner for the iPhone Duo because we think that this is the ultimate trading machine when this launches. This is going to be the ultimate trading machine. You're going to be able to trade here and do research here. Amazing. Like for me, I want one. I want one of these. So, we're going to give it away. And the winner from yesterday, he had 24 hours to respond to us.

32:35 Didn't respond. So, now you know what we have to do? Pick another one. So, we're just going to pick a number. Okay, let's pick a number. Pick a number. Let's just randomly pick that one here. It's that number over here. Okay. So, if this is your address, okay, if this is your address, 0263, and it ends in B2D giveaways@cryptobanter.com, you got 24 hours to send us an email.

33:00 We're going to ask you to send us a transaction from that wallet to prove that it's yours. And then you have won yourself an iPhone Duo. If you if that wasn't you, you can continue to enter by signing up to any one of these exchanges, right? Or now also signing up to FOMO. So, if you sign up to FOMO using this link over here, I'm I'm I'm addicted to FOMO.

33:23 I'll tell you that much. I'm addicted to FOMO. Um, but if if you want to sign up to any of these exchanges, including FOMO, you will now get uh a chance to win the iPhone. And you see we draw in the iPhone almost every day. So I mean for those of you who haven't used FOMO, people think it's only memecoins, but you can literally trade anything that you want.

33:42 There's a feed. You can like for example, you can see what when people bought. You can see these people's portfolios. Like it's it's it's really very it's an addictive addictive platform. Uh try it out. Uh when you do sign up with that code and then you can win yourself an iPhone. So variational farm the fees because it's free. FOMO, open an account, you can win an you can win an iPhone.

34:02 Otherwise friends, I will see you guys again from Singapore actually. So next week we're not actually in studio, we're in Singapore, but we will be here. We will be making shows. Albeit that they won't be like every day. Um let's just think what else? What else? What else? Um someone says do 5x max. Oh, he says trade. >> Oh well, let's maybe he's right.

34:27 It could be right. I'm down on both my trades, but it doesn't matter. I'm not worried about that. Uh, let's see if we can do 5x. You think 5x will work? Let's see. I think that there's a problem with Radium. I think there's no liquidity on Radium for some reason, which is weird because it actually is quite a big Let's see. We wanted to buy 10,000. I don't think got I won't have enough.

34:47 No, you see, there's a problem with Radium. The open interest skew long versus short asset is too large. That means that there's a lot of people that are long and no people that are short, which is a problem. Okay. Uh, see you guys again next week. Until then, trade well, my friends.