Top Altcoins EVERY Crypto Investor Should Watch Right Now! Transcript, AI Summary & Key Points

00:00 You know, I really hate these times in the market. And I'll tell you why I hate these times in the market, right? I look at the Bitcoin chart and I know that in from a risk return probabilities, the probabilities of an of a correction are now for me much higher than the than the probabilities of a move upwards. But at the same time, you know, things are going to happen.

00:18 Like there's certain tokens that you know for sure are going to run because the little birdie told you that those tokens are going to run. Those old coins are definitely going to run. And you got to ask yourself a question. Am I going to take the trade even though I know that I'm expecting a correction or am I going to actually wait for the correction to happen right now?

00:35 I've been here for a long time and I can tell you that the difference between making it in a cycle and not making in a cycle is absolute discipline. Right? And so yesterday when I was in our Discord group and I knew Sonic was going to run like I knew it. I've spoken to the Sonic team. I had an interview with the Sonic team. I'm going to introduce I'm going to load that uh that interview with the Sonic team a bit later today and I'll drop it later today.

00:55 I knew Sonic was going to pump and it did actually pump. I posted here that it's going to pump. It actually did pump. It went all the way to almost 70 cents, 68.5 cents and I had to stay disciplined and not take the trade, right? And so I think like my general thesis basically says look the currently the risk return of a correction is much bigger than the risk than the than the probability of an upside move.

01:20 And so ultimately you got to remain disciplined. and I'm going and I'm going to remain disciplined, but that doesn't mean that I can't look. It doesn't mean that I can't look at the individual altcoins and basically say, "Look, let's learn about the altcoins. Let's see what the good old altcoins are. Let's see the ones that actually moving. We don't necessarily have to buy them now."

01:37 And sometimes we will buy them now. There are some coins that you actually are going to buy now cuz you're going to say, "You know what? Even if we have a correction, this coin ain't going to go below a certain level." And it's probably worth buying now. But then there's some that you you want to get ready for. You want to learn about them now. You want to see like there's there's one token that I'm going to show you today.

01:54 It's a sleeping giant. It's been a sleeping giant for a long time now. The thing is because there's 69 million tokens out there. We haven't thought about it for a long time. But actually, why we haven't thought about it, they've been building and building and building and building and building. And so like today, somebody woke it up and you're like, "Oh, of course, yes.

02:11 Why didn't we go buy that token?" You see, because why? There's just too many tokens. And so what I want to do today is I kind of want to degenerate altcoins. But when I say degenerate altcoins, I don't want to go and buy crazy altcoins and trade crazy crazy altcoins. And the reason I say that is because, you know, every every cycle we have six corrections, you know, you take the the probabilities, we've had a great move up.

02:31 Um, you can see that Bitcoin is like struggling to break through this level. If you look on the weekly, we're struggling to break through this 83 84 85 level. And I get it. It's a massive level to break. Now, until we do break it, for me, the probabilities are we're going to go down a little bit. And if we do go down a little bit, it's just going to be we're all going to breathe in and we're going to breathe out and it's going to be a a normal correction in a bull market.

02:54 And Bitcoin might go down 20, 30, 40%. When that happens though, we're going to be ready. And the reason why we're going to be ready is because we're going to have our buy list ready. And the reason why we're going to have our buy list ready is because we would have looked at all the altcoins. We would have decided which ones are good, which ones are bad.

03:09 And some of them are going to buy now and some of them are going to buy when the when the correction comes. But ultimately, we're going to be ready. Anyway, before we get to that list, before we get that list, first of all, welcome, guys. Good to see you. I must say, today's been a very tough day for me. You guys know I'm nursing a broken collarbone.

03:23 I've been on this broken collarbone, broken rib story. Uh, today I went to the doctor, said the doctor. In fact, maybe I should actually show you one or two pictures for for those of you who are um radiologists, you know, because I know we've got some people who are radiologists working for us, right? Uh or working with us. So, I went to the doctor this morning, took the X-rays.

03:41 So these are the original X-rays over here. Um that's the original X-ray. I went to the doctor. I said, "Look buddy, I'm three weeks in, you know, like here's the original X-ray." Said to doctor, "Listen, you know, I'm 3 weeks in. How are we looking? How are we looking for the healing? Am I still okay? Am I still going to be okay for 6 weeks?" So we got these do, we then took these X-rays today, and the doctor's like, "Look, you know, like, you know, there's a slight improvement.

04:07 You know, you can like you can't really see the break anymore, etc., etc. Um, but you're not really healing very fast. what's wrong? I said to him, I don't understand, doctor, like I'm like I'm fit, I'm healthy, why aren't I healing very fast? Doctor says to me, he says to me, hold on. He says, just tell me about your like last three weeks. What you been doing?

04:23 I'm like, doctor, where do I start? Last week, I was in Singapore. Uh had six six talks on stages. um six talks on stages, 15 1-hour long interviews in three days, plus a banter party, plus uh plus a whole lot of other um uh uh uh um uh plus a whole lot of other talks. Uh you know, and the doctor's like looking at me goes, "Well, are you surprised that you haven't healed very well?"

04:48 So, I'm not healing very well. I'm in a lot of pain. But anyway, let's not let that get in the way of the alpha of the day. I just wanted to, you know, to give you a feel for what what I'm basically going through. But I'm still here and I'm still bringing you love and I'm still bringing you the crypto wisdom even though my clavicle is not yet healing.

05:03 So if you're new to the channel, subscribe to the channel. My name's Cryptoman Runan. I'm here almost every day. I'm bringing you crypto love. I'm bringing you crypto wisdom. Got a big research team working for us. And ultimately all we try and do is bring you guys the best alpha every single day or every single day. And so far we've done an amazing amazing job.

05:19 We're we're in the early part of the cycle. And even in the early part of the cycle, our portfolios already hit alltime highs. And I'm talking to like all-time highs higher than uh January 2024, uh December 2024, etc. So, I think we're doing pretty well for where we are for where we are in the cycle. Um let's we could just talk about things this week that we need to that we need to um if someone says if you if you are a doctor um yeah, if you're a doctor, just let me know in the comments what's what's actually going on

05:48 with my with my thing and what my things are. Um this week we have CPI on Wednesday. The reason why CPI is so important for us on Wednesday is because remember we want to see what Kevin Dvin Wash does at the next FOMC which is on the 28th of October which is about 16 days from now. Right now there is an 80.6% chance that there's going to be no interest rate hike.

06:08 Okay? Right now as it stands we're keeping rates steady but look if we have a high CPI number on Wednesday then these numbers can start shifting. And if these numbers start shifting markets may get nervous or they may get worried. And if markets get worried, then you know we might actually get a little bit of a correction. So got to keep our eyes on the CPI number.

06:26 That CPI number takes place on Wednesday. Next thing I think we need to look at because it's Monday is let's look at what Sailor did this week. Um what did Sailor do this week? We acquired 250 Bitcoin, guys. 250 Bitcoin. Hardest acquired more Bitcoin than that last week. Right, Hardis? >> Yeah, Hardis acquired more than 250 Bitcoin. Also they bought another $192 million of SDRC.

06:54 Now if I look at that it means that in that cumulatively sailor has spent um $1.65 billion buying back STRC. When I look at the price of STRC it still hasn't gone back to $100. So you got Sailor being the only buyer still at $9970. I mean Sailor just keeps buying and buying and buying so far just to break even on this trade. like he's he's sold it. He's he he he he sold STRC at the top.

07:24 He bought them back and he keeps buying it back to try and rep this trade. So far, I'm just keeping a tally here for all of us. Uh $1.65 billion he's he's bought out of currently, I think it must be 8.6 billion. So about um 15% of the total STRC that Sailor's ever issued, he actually went and bought back. Yeah. So, I mean that that that that's a sailor story.

07:47 Anyway, um so let's talk about altcoins. And I mean again, today there's no real structure. We're just going to look at the old coins and talk about what altcoins should be on our radar, shouldn't be on our radar. Again, what what are we doing here? We have a portfolio. This is our portfolio over here. We have a buy list. These are so far the tokens on the buy list.

08:08 I'm adding one more to the buy list today, just so you know. I'll tell you at the end of the show what that one more is. There's actually two that I'm adding. one that I'm going to add here, one that I'm going to I'm going to add in the Discord group. The one that I'm adding in the Discord group, I'm only adding a Discord group because it's illquid.

08:21 And the problem with an ELquid thing is if I add it on a show that gets 50 or 100,000 views um and it's illquid and then everybody tries to go into the illquid stock, then we got we got ourselves a bit of a problem. So, what are we doing? We're dejing on old coins. The objective, you've got a portfolio, you've also got a buy list. This is where the discipline comes in, right?

08:41 you want to buy certain things but because you know you want to have them in your portfolio and then you wake up in the morning and you look at the bubbles and I know this has happened to you tell me if it has or it hasn't in the in the in the comments and you see that like this coin that has been on your buy list let's say layer zero has been on our buy list right you see it's on our buy list and it popped this morning right it popped and you're like oh god I missed layer zero now that's where the discipline comes in

09:05 right cuz you got to say look maybe I missed it today and you got to be okay with missing it forever actually, right? Because you won't catch every bus. There's 69 million coins. You won't catch every bus. That's why what I like to do is I like to make a big buy list. There's 10 on the buy list. If I get five, that's cool. Five five are going to have to be those that got away, right?

09:27 It's like like you can have a lot of girlfriends in your life, but eventually you're only going to marry one or two or three, right? Or sometimes I know people that have done four. But then you got to also let a few of them get away like you know what you tried didn't work got away everything's fine. So that's the um yeah someone says you see I'm a doctor you're holding heavy bags.

09:48 You see the guy knows he knows how I broke my clavicle. So anyway let's so so let's go let's let's go let's go here and and and talk about a few other altcoins. Some which are on our buy list and some which are not on our buy list. Um, I think the first one that I want to talk about is what I think is maybe the token of the cycle, right? You know, like every tok every cycle has a token.

10:11 I think last cycle you could pretty much say that the token of the cycle is maybe Salana. That was like the token of the entire cycle. The cycle before it was definitely ETH. So like you got to think about what is the token of this cycle like and and actually I want to ask you guys in the chat before I actually tell you what it is. Um, what do you think is the the like if I say to you, what is the token of the cycle?

10:35 The the blue-eyed boy of the cycle, the token that can do nothing wrong, does everything right? What is that specific token? Right? Tell me what you think in the comments, right? I mean, is it Pith? Is it layer zero? Um, is it uh Starknet? Who what is the Why are my bubbles moving? I think my bubbles have epilepsy. Okay. Um is it um yeah my bubbles are moving now.

11:00 So who who is the token? Who is your token of the cycle? Someone says Salana, someone says Q& someone says hyperlquid. All very very very good. Zcash um near hype. I agree. I agree. It's a combination. It's a combination of of of all of these. I think for now I want to talk a little bit about Nia because I think Nia is definitely one of the contenders for the token of the cycle.

11:20 Now you ask yourself why is NI a contender for token of the cycle and why I think that like it's one of it's Zcash it's Nia but I actually think this one might be a little bit better than that near might be a bit better than just a Zcash and why because NIA has basically taken all the narratives of the cycle and has compressed them into one token. So it's like quantum well near is quantum safe right AI near is the place for for AI real world assets near is the place for real world assets.

11:51 So it's like you look at this token and you go if I were to combine this cycle all into one token what would that token look like? It would need to have privacy. It would need to be quantum resistant. It would need to be about onchain real world assets. It would need to be about AI. Right? That would be like if you were to design the perfect token for all of the cycle, that is what the token would look like.

12:15 Now, let's talk about Nia, right? So, the first thing is we know that Ilia was is an OG um is a is an OG AI guy, right? Like he he's actually an OG AI guy and when he built Nia, Nia is actually built for AI agents. But it doesn't really stop there, right? The key product that these guys So, let's maybe go one step back. There's all the FUD around quantum resistance this cycle.

12:40 Everyone's talking about quantum resistance. This is what NIA what Ilia had to say about quantum resistance at token 2049 this year specifically, right? There's like a few things. One is we've designed Near with actually quantum in mind in 2018. We're like, hey, look, quantum computers will come at some point. Cryptography will change. We want to be ready to adjust and update to whatever cryptography we need.

13:03 And so near accounts have a very kind of specific account model which allows you to rotate keys to add keys to have multiple keys like to and use different cryptography and specifically I really wrote that code it takes effectively like 200 lines of code to add a new cryptographic curve >> right and so earlier this year when kind of the like the new algorithm on sol effectively you know recovering private key from public key uh kind of started dropping we're like okay it's time to start actually shipping postquantum

13:35 there's now standardized uh implementations as well and so we launched the first effectively the lithium which is MLDDSA cryptographic curve on near it went mainet I think uh July and so you can anyone individually right now can effectively update their account without moving any assets without needing >> okay so you get it basically NEO is quantum resistant so number one NA is quantum resistant number two it is effectively built for AI agents now the hero product on is this product called Near intense and I wonder if

14:03 I can actually Okay, here it is. Near intense. Now, what is near intense? Near intense allows for confidential swaps across chains and across assets, right? So, almost think about this is like your front end where you can have an overview of all your assets. And imagine that you could swap between any asset and any chain without any friction from one place.

14:26 That is effectively the back end of this. It's called Near Intense, right? You can see that near also has integrated per um private persp. So you got private swaps, private uh uh uh uh um private swaps, private um uh uh moves between chains. You've got an AI ready chain um bringing as you can see real world assets on chain. You can have you can have stocks.

14:49 They can obviously add commodities and whatever else. So ultimately like if you were to put um if you were to put like the ultimate poster child of everything in the cycle into one token which is revenue generating I mean it look at the revenue that it's generated if you look at the near intense dashboard. Um to date they've done $1282 billion. So in the last seven days they've done $1.15 billion.

15:12 So ultimately they make revenue on all of this and they they use the revenue to buy back and burn the NEO token. So yeah, the total generated fees are $54.7 million. So ultimately, you look at this token, you say it's the it's got everything you need to be the perfect token for this cycle. And so look, we've had NI on our buy list for a long time. In fact, we've had in our portfolio for a hell of a long time.

15:36 Um I don't know if I should do this, but maybe I will. So I'll share with you guys like we've had it we've like we've had it on on our buy list for a long time since like $160. We've been buying the hell out of NA. Um, one of the positions that I have shared publicly with our Discord group, and I'll share it with you guys as well, is is this position over here where I basically said like, look, I've got this position on NE.

15:56 Um, I bought it at $219 at 592 this morning. There was about a million of profit, $1.19 million of profit there. I'm like, should I close it or go or keep it going for one for one last leg? Um, let me know in the comments what you think. Should I close it now? Um, should I close it now or or or let me rather keep it going for one for one more leg? um let me know.

16:16 Also, by the way, as you can see, we post a lot of like all the cool stuff in our Discord. This is the last week where we're giving away a twoe free trial in the Discord. So, basically, if you want a twoe free trial, go to the last week where we're giving away go to the the the link below. This is the this is the last week that we're giving away the twoe free trial.

16:35 You want to try twoe free trial of uh our 247 research Discord where we post all of our trades, it is over there. But this is the last time we're giving away all this for for a while. um we're we're we're not going to be doing it. So anyway, so look, I think number one, if if already you don't hold near, I'm not telling you to go out and buy near now.

16:52 In fact, I'm not telling you. I'm telling you now, don't buy anything right now. Um do what I did yesterday with Sonic. I knew it was going to run. I posted it in the Discord group at 55 and it ran to seven and I still I was like, should I FOMO? Should I FOMO? Don't do not do not FOMO. put this on your buy list. As soon as there's a dip, as soon as there's a dip, buy it.

17:17 Simple. Like, it's it's it's it's that it's that it that's it. All right, let's look at another one. Um, and again, this next one that I'm talking about is actually on our in our portfolio already. We in we added into our portfolio 12 cents and the token is none other than cards, right? So, I don't know. Um, it's collector crypt cards is the is the is the token price.

17:38 Um, effectively this is a realworld asset play. I know people say like, "What do you mean real world assets?" Well, yeah, Pokemon cards are actually real world assets. I mean, believe it or not. So, it's a real world asset play. It's built on Salana. Um, the the chart just printed a cup and handle. So, you got a cup and handle on cards. The fundamentals of this thing are the the fundamentals of this thing are too good to be true.

18:00 And the reason So, I say the fundamentals of this thing are too good to be true. But the reason why the the token price has been so suppressed is because the team have been pretty vague about how much of the revenue they're going to give back to token holders. And they say they've been vague because of the SEC, but you never know. But let me just give you some some fundamental.

18:21 They made over a billion dollars in cumulative revenue with zero market expendit. They had an all-time high of revenue in Q3 with Standing Robin Hood chain. 30% of the reported FTV is founders tokens which have no plans to ever be released. And you have tokens which are part of the foundation which again are going to be used to be doing accretive things.

18:38 So their tokconomics seem pretty good right the product is going absolutely crazy. So they posted their third highest revenue day 1.1 million. They've made nearly nine figures of revenue um through the month. Um so from a um they just I think Mike Dudis is right here. the the only thing they need to do is to come out and say that the token is an equity equivalent and that there's no profit acring to to the entity outside the foundation.

19:05 Once that happens, if that happens, this becomes the best token in the whole world. So for me, look, we've had it on our portfolio for a long time. Again, put this thing on your buy list. Why? Because the fundamentals look absolutely amazing, right? And and that's that that's another good one. Um yeah, more altcoin DJing. By the way, if you're if you're a Bitcoin maxi or if you don't do altcoins, then I'm sorry.

19:27 Today is really not a good show for you. Like today we're DJing. We're talking altcoins. This is like this is where the adults talk. This is where the adults talk. Like this is where you know the like this is where mommy and daddy where mommy and daddy are speaking. Um another one that I want to speak about today is actually layer zero sister. So it's not layer zero, it's layer zero sister.

19:46 Now I call it layer zero sister because it's actually not layer zero. So, the one that I want to talk about today also exploded today. I just don't know why we can't see it in the bubbles. Maybe it exploded. It's wormhole. Here we go. So, it's this one here. It's wormhole. So, what is wormhole? Wormhole is effectively a remember I told you earlier in the show that sometimes you have good tokens that wow like you're sitting on a good token and it just exploded and you're like, "Oh, I can't believe we forgot about

20:10 wormhole." Okay. Like wormhole is a bridge effectively. They started off as a bridge or let's say an interoperability player between blockchains, right? So wormhole layer zero they all interoperability plays between blockchains. So if you got like two blockchains or three blockchains or 100 blockchains and you need to move assets between one and the other then there's multiple ways to do it.

20:28 Layer Zero does it one one way, Wormhole does it another way, but ultimately all these these tokens do is they are interoperability players, right? So today the one that exploded is actually wormhole, right? So let's just go to it's this one here. It's wormhole. You can see that like this thing from a a low of 0, 08 is now trading. Gez, it's it I mean it's really has done well.

20:53 If you look at it since October, it really really really has. I mean tonight today it went up 200 all all the way up to here would have been 260%. But now it's come slightly down. So it's done about a 2x since the 17th of September in the last month. Okay. Why? So the first thing is they've got a partnership with securityize around um being the official interoperability partner.

21:13 Now the first thing I said was look is this partnership actually still alive? The answer is very much yes. Like securityize actually spoke about tokenizing the world with wormhole through wormhole. So like the partnership is actually intact. So, they do have a By the way, if you don't know who Securitize is. They're effectively Black Rockck's partners in real world asset tokenization.

21:33 Um, uh, it's a company that I know, I've known for a very, very long time. It's run by a guy called Carlos Dominguez. He he's a really Carlo Carlos Dominguez. Carlo Dominguez. Um, yeah, I've known him for a hell of a long time. I knew when he was raising money for this. Um, and they've also got this product called Sunrise. Now, Sunrise is, I think, their key product.

21:53 It's the one that makes wormhole that is making all the money for wormhole. Now what is it? It's not a bridge. It's a gateway to bring assets from any chain to any chain. Now listen to how they describe it. They say Salana Sunrise is Salana's asset gateway. It brings assets from any chain crypto tokens and over time tokenized stocks, commodities, and other real world assets to Salana with canonical liquid markets from day one.

22:16 So it's like it's almost like if you want to bring an asset from any chain or anywhere to any chain or anywhere onto Salana, you'd basically use this product called Sunrise. Now if you look at the usage stats on on on Sunrise, like you can see things are basically happening here. Also, you know that Backpack is a token that brings tokenized stocks on chain and they also have a partnership with with uh with Sunrise.

22:42 So why am I showing you this? to put Wormhole back on your on your radar. I'm not saying buy it buy it now. In fact, as I said before, I'm saying definitely don't buy it now, but maybe maybe for you, you want to put Wormhole on your on your um uh uh uh buy your your buy thing. Cool. Um what else is there? The Well, then the next thing is you should probably look at at um wormholes.

23:05 What I think pretty sister, right? I say pretty sister. That's uh layer zero. So like to me layer zero is the interoperability between chains and Reese's invested in it. Kathy Woods invested in from Arc. This is the big play for interoperability uh between chains. Um I've got an I've got a position in layer zero and I've got it on my buy list. If you look at my buy list, I've actually got on my buy list.

23:28 It's one of those ones where I know I need to try and get more. I've set myself a target price of 1.4. If it goes to 1.4, I'm basically going to be buying, right? So yeah, that's the thing. By the way, when you make a buy list, make yourself a target price because the thing is that if you don't make a a target price, eventually when when it goes down, you're going to get so scared you're not going to buy it.

23:49 So, make a target price and say, "Look, if it goes down there, I buy. If it goes lower, I tried." You know what I mean? Yeah. Okay. Uh, so that's the that's the the other sister. Uh, layer zero's other sister. Um, next one. Grass. So, what is Grass? Grass is a Google plug-in that basically you so AI agents or AI labs need data and where do they get the data from?

24:14 They get it from the internet. The problem is they're not really allowed to get it from the internet because there's limitations on scraping. So what they do is they connect a they give you a plugin and you use your your extra bandwidth to basically scrape the internet and provide the data for them so that they can uh then sell it to the the labs to to to make money.

24:33 That's basically what Grass does. You get it? Like if I explained it well enough like basically if one company if Open AI or or Enthropic wanted to farm or to scrape the internet, they couldn't do that. But they do need data. So where do they get the data from? Well, they get the data from grass, right? Or or some of them get the data from grass. It's an amazing amazing amazing business, let alone token.

24:57 It's a multicoin invested. Everyone's talking about it. But what they did today which was pretty interesting is they opened a live web API for agents. They launched and this is coming from the cryptobanter page. If by the way you're not already following us at cryptobanter it's cryptoc_banter. Um you you should follow us. So grass launched the the content the content API.

25:18 It turns a public link into a clean text that an AI can read. Uh on its own test got 97% of the pages against 84% for fire crawl blah blah blah. Until now, Grass has mostly sold old copies of the internet. Now, using this API, they can actually sell real copies of the live internet. So, it's a massive change. Here's the founder of Grass actually explaining it.

25:37 Package some of these tools. Now, what have we built at Grass? Like actually internally, we've we've internally built like what we call live context retrieval. Like we built a massive index of basically like most of the useful internet. Um we built all the tooling that's necessary um to route requests through the grass network uh retrieve any web page like render it in any format load JavaScript and browsers and we've hosted like thousands of browsers across like many many actually millions but anyway like crazy crazy

26:07 amounts infrastructure that's used for collecting the whole internet all that to say like why not expose all that infrastructure as a product for AI models to use directly right like it kind of makes sense like all this infrastructure we use it. We collect like basically the whole internet. We filter that down, sell data sets. Like that's an incredible business that's growing really really quickly.

26:28 >> Yeah. >> Um but at the same time like I don't think the need for like agents and LLM is slowing down anytime soon either, >> right? >> And like if anything their data starve too like not just the training process, not just the Frontier Labs. Uh and they you know they should have access to these tools in real time. So like it's taking us a little bit of time right now to kind of package some of these tools and we'll probably release them incrementally like so like one at a time.

26:52 Um and you know yeah like the the reason for doing that should be pretty straightforward. I think it's like we might as well release like one feature at a time but um >> so basically like they've launched their new tool. This is a serious business with serious revenues. They got their revenues um um at a stated they I think their combined revenues they're talking about $32 million um and they're talking about an annualized revenue of 70 60 65 to $75 million from training data alone let alone the fact that they're now

27:22 starting to do inference by themselves right so again one to add on your buy list I I must be honest I don't have I don't have grass it's a fumble on my part you can't you can't you can't have everything it is on my buy list if it goes under 50 cents I'm going to buy it if Not I've just got to let it get away. That's you know someone says what's a good price to get grass at.

27:38 I said 50 cents but I mean you must set set your own price. Um yeah so that's that's that's another one. Um I mean probably one to look at but um stocknet stocknet is a layer one. Well it's no sorry it's a layer two on Ethereum. It was founded by a guy called Ellie Ben Sasson. Ellie Benson is actually the founder or one of the co-founders of the technology that of Zcash.

28:00 Right. The technology that made Zcash. Now, he announced at token 249 that Stocknet is actually becoming a L1, not an L2 on Ethereum. And when I asked him, I said to him, like I hope you guys didn't get offended by this, but when I asked him, I said to him, you know, why are you doing that? And he said, you know, because someone once told me that layer 2 are just so gay.

28:21 Like, and it is like it's quite true. Like layer 2 are always like it's just it's just I don't know how to explain it. It's just not. So, he is becoming they are becoming an L1. They're going to go be become a quantum resistant EVM L1. That's what he announced at token 2049 >> about quantum, what is not, how does privacy fit into this? Do we need to migrate our coins?

28:44 Are we really at risk right now? Maybe you can just give us a sense of how you've approached the quantum problem up till now and then we'll we'll kind of dig into some of more of the nuts and bolts. >> Yeah. So even when I was working on the cryptography that ended up being Zcash. So I was one of the founding scientists and a co-founder of it and I'm very proud of that.

29:02 I was thinking about or we were thinking about uh what do we do uh with uh quantum and how do we build safer uh cryptographic ZK protocols that give you privacy and also quantum resistance. And the good news is that since 2018 uh we already know how to solve this problem. So another paper that I wrote back then an academic paper um called ZK Starks actually has in the title you know postquantum zero knowledge.

29:30 So that technology exists and by now it's uh in production used in starknet uh you know for scaling a whole bunch of uh decentralized exchanges and has privacy in it. Now whether we need to migrate I think the short answer is yes. We need to prepare migrating all of our technology to things that are postquantum secure. >> So anyway, I mean just to give you some background, that's his name is Ellie Benson.

29:54 I know him quite well. He is a fantastic guy. He's an incredible scientist. He's one of the the co-authors of the ZK uh paper. So he's like you're talking about like one of the smartest guys out there. They're talking about making stocknet a an L1. Now look, there's a big road between talking and actually making it happen. But ultimately, again, good to keep your eyes on this.

30:14 Are we buying this token here at 9.5? No, we're not buying at 9.5. We're waiting for the dip. And again, you might not even want to put this onto your buy list. It depends what you want on your buy list. Um, this is a crazy one. I want to talk about it, but again, I'm not buying it. It's called Pearl. Okay. Now, what is Pearl? Pearl is this like new completely illquid token that all the big influencers are starting to talk about, right?

30:40 There's two tokens that the big influencers uh are are talking about. One of them is PL and one of them is Quantis, right? So, um so you got P and you got Quantis. Let's just see what Pearl is actually trading at. Now, Pearl is I think it's this one. Is it is it this one? I'm not sure if this is the right token, the right P token. Research just send me in fact let's just let's just bypass this whole thing research just send me a link that's the price of pull the tri the price of pull is 140 147 now in a nutshell what

31:11 is this it solves a problem of saying you know like right now you've got uh data centers and the data centers are quite confused as to as to whether you should use uh the data centers for AI or for Bitcoin mining well why not both so the Pearl token is or the Pearl technology which has a token allows them to use the data centers for both which is actually quite a big thing.

31:33 Imagine you can either toggle between or together. Mine uh both um pull uh pull is on lighter up to 3x leverage. Okay, so we we know that we we know that as well. Um you can also get it on this exchange and again I'm not endorsing the exchange cuz I don't know the exchange called it's safe trade. It's at one $147. You can get it on lighter as well for 3x leverage.

31:52 Someone someone chaos told us chaos and and I trust chaos. I chaos is one of us. Um, yeah, that's Pull. Again, I'm not buying this. I know that there's exchange listings coming this week. Andy was talking about it. I know that there's exchange listings. I'm Yeah, don't know if I want to mention the actual names, but there are big exchange listings actually coming out this week.

32:11 Um, so yes, that's another one. Um, this one's also super interesting. So, again, a sleeping giant. It's called CLED. Um, what is CLED? It's like grass, but it's also for physical data, right? So, again, I'm not telling you to buy it. CL's gone up a lot. Uh it's gone from 9 to 17 since the 8th of October in the last 4 days. What is it effectively? It is Yeah, I'll show you a video.

32:35 I think that's easiest. All right. So, just got some laundry out. Got to sort it by color. So, rolling this side then to the >> So, you see all the physical data that she's capturing here. >> The burgundies all go to one side. >> Bacon on the right side. I like it this way. >> Say the >> You see, she's capturing a whole lot of physical real world data.

33:17 But now, how do you get that data to an AI to train it? That's where basically CLED comes in. This is the founder of So this is the a researcher I think he's from Galaxy if I'm not mistaken at Grayscale. So he's a head of research and product at Grace. He says CLED is AI is extremely overlooked. AI data collection platform on the data network is reporting 1.5 billion plus uploads 5 million per day and and millions in revenue.

33:41 Cleared pays people for the photos, videos on a and targeted task for supplying AI labs with real world training data. That's basically what it does. You can see the data is basically on block work on block works. Um here's the founder. You can listen to this interview with the founder. >> I just want to give people like an idea of how to speculate on the token.

33:57 I think in the past people have looked at clad and kind of you know put the floor which is again someone mentioned in the comments it's been one of the most resilient tokens. I think cryptojones said um you know what advice do you have to other founders to have their tokens be resilient? I think largely this is because people see the equity value of KLED moving up and so right now they even tie a bit of a discount to the token in terms of equity um like that component but I kind of want people to see the other angle

34:20 where it's like okay you can also speculate on the user growth of KLED and like this token being integrated at a deeper deeper level think Axi infinity style integration you know probably more more to it than that but um think axi axi infinity style integration alongside the kind of backdrop of equity component and I I know you probably aren't allowed to say anything like that but backdrop of equity component you kind of out in the token.

34:42 >> Yeah. Yeah. I I look, I think I actually think people just s should stop thinking about the equity. Like it's there because it's there. Um and I I'm glad it's there. I I I did it for you guys. Um and I did it for the people that are interested in it. But the reality is this thing is going to be reward currency for the entire app. And if you believe that this app is going to be keep growing like it has, I remember back in the day when people were like, "You can't even get 10,000 users."

35:09 We're at half a million and barely been a year. Um, and the growth rate was exponential and the amount of uploads we're doing every day is exponential and and we're almost at 600,000 users as of yesterday. So I mean I we keep on growing at this rate and we have a central currency at the center of all of that and damn God knows I'm good at product design and my team is good at product design.

35:33 We're going to integrate it in a way where it's fun and it's actually fun to use. I mean you can't apply. >> So the app's got half a million users already. The market cap is 17.8 million. Someone says they faded at 7 million. All right. Well again what you know in that case what do you do? You basically go to your list and you say, you know, I'm actually going to do it.

35:53 I'm going to add CL. I wasn't going to. There's another one that I'm adding, but I'm going to add CL. And I'm going to give it a target price. Let's quickly go and just look at what target price is. Now, you know, target price. So, I'm going to go here and I'm going to say look, you know, like this is if I look at the CL token, it's been hovering around like this.

36:08 It's it's gone up as high as 60. It's 6 cents, but kind like the bottom's been between seven and like 10. Like for me, like if I get it under 13 cents or under 12 cents, probably like worth worth maybe building a position, right? So I put it here and I say 0 my my my decimals may be wrong, but I think you know what I'm saying. All right. Lastly, now this is the one that I'm actually adding to my B list uh today.

36:31 Um and that is Sonic. So um surprise surprise, I'm adding Sonic to my buy list, right? So why am I adding Sonic to my Blist? You know that Sonic was actually Phantom. It's Andre Krener's project. He was the one that basically led the project and then he abandoned the project and he came back and then he abandoned it. You know this it's it's been a long long long story with Sonic.

36:55 Here we have a layer 1 blockchain. Um it's the f it's it's the fastest blockchain to finality. It was built by Andre Kier really really really fast completely neglected. And when it was neglected, it went down to a low of about 2 cents, right? Like you can see here here the lows around 2 2.1 cents was hovering around that level over there. And then basically this was like to me it was an abandoned project.

37:16 I thought like Andre's gone, the old team's gone. What is this thing actually worth? And then into this guy called Matt Fissa. Okay, so look, I'll be honest. I was skeptical. Didn't know who Matt Fusser was. Um, and kind of thought like Phantom Andre's left. there's no one left. There's this new guy called Mattfister. Ah, here we go. Another guy, another guy who's coming in here and telling us he's going to change the world.

37:39 And I was skeptical. And so, you know what I did was I met him in Korea and I spent time with him and I had an interview with him. And so, now you've got this blockchain, this L1 blockchain. Um, let me just quickly see if I can get us a a an FDV, an accurate FDV on the F1. you know, these Coin Market Cap and Coin Geckos used to be such nice um uh uh um sites, but then they like try to do too much with AI and then yeah, you know, I'll actually use Bubbles cuz Bubbles actually I think now Bubbles has become like my go-to

38:12 because it's just so easy to use. So, um let's just look for Sonic Sudden. Come on, Bubbles. You You can't do this to me. I understand if I understand if if somebody else does this thing, but not you. Here we go, Sonic. So, um, you have an FDV of $250 million for for an L1 chain. That's basically what you're talking about here. $234 million for an L1 chain.

38:35 So, once I met Matt, I was like, hold on. If he gets this like half right and he's like you'll you'll realize when you when you meet Matt or when you see Matt that that um this is a man with a plan and he's not like there's no with this guy. this guy's like if anybody can do it, you know, he's he's got a great chance. So, what I'm going to do is later on on Crypto Insider, which is the other channel, which by the way, if you haven't been following, let me quickly take you there.

39:08 Okay, so if you haven't been following the other channel, this is Crypto Insider. It's our other channel. It's like Ran's channel. Uh where I dropped the interview with Derive a few days ago. I dropped a token 2049 video there that yesterday. Insane video if you haven't watched that video. Holy moly. Johnny Johnny put a a link for token 2049 video at the bottom there.

39:23 Um um but I'm going to drop in let's say at like it's 4:00 now. Let's say about like 9:00 tonight. So 5 hours from now I will drop the Sonic video on that channel for you guys to look at. For the people in um uh 247 crypto I believe Irishman's already dropped that video for you guys. If he hasn't then you should phone him. You should phone, you should phone the Irishman.

39:46 Say, Irishman, you know, like you promised us, bro. Like, you promised us and you should call him. You should call him out on on his promises. You really should call him out on his promises. Um, yes. So, that is the that is the Sonic uh that's the Sonic thing. It is the fastest blockchain out there. So, like I again listen to the interview today. I think that that it's a really good one.

40:06 I'm adding it now to my buy list. Um I'm going to try and get it like 3 cents 3 centsish. So, like for me again, I've got one hand. And I'm typing with one hand. So my researchers will clean this up. Not stonk. Not ston sonic. And I'm like for me it's like 0, 03. I'm in um see I'm building a buy list. That's it. I'm not buying anything. Like I'm not buying anything.

40:29 Why? Because I know it's coming down. I know I know there's a correction coming. And if there isn't, look, I'm 96% invested anyway. Anyway, a few other things. Um our trade on variational. Remember I took that this trade on variational. Uh, I'm up 3,000 on my near trade. I'm I'm down on my lighter trade. I'm happy with both trades. I'm going to leave them as they are.

40:47 Those of you who don't know what variational is, it's a perstix just like Kyper Liquid, just like lighter. Um, and what they do is they're going to do an airdrop in the next quarter. So, basically sometime between now, December, October, November, December, they're going to do an airdrop. Um, the airdrop is going to be about a billion dollar airdrop and you can still earn points and we are earning a ton of points.

41:06 I couldn't believe how many point you get the points every Friday. And I couldn't believe how many points I got. I was away for a week and I came back. I got the points. I was like, "Wow." Okay. Like I've put hardly any trades through here. Okay. So, if you want to join variational, just go here. You can trade anything you want. Use the code omniun when you sign in.

41:24 You get a 15% um points boost. Also, remember that like there's no fees. Like it's a zero look here. Fees zero. Zero fees. and you you every time you you you buy or sell, you're farming points. So, I've got two positions open on this exchange. I'm very happy with my near position, very happy with my lighter position. Leaving them for now, there's no point in in in in cutting any of those positions.

41:48 Also, remember lastly, I said I said this before, I'll say it again. We're not going to do the twoe free trial anymore. Uh Friday is the last day. So, between now and Friday, if you haven't signed up for 247, you got a a twoe free trial. Um yeah, have I left out anything? I mean, there's lots of other altcoins we can talk about. I like these old coin shows cuz I think I feel they make us all cleverer.

42:07 Smarter, smarter human beings. Smarter human beings. Piss, we can talk about Piss. Piss gave that 100% fee burn um on everything and they actually they got 11 million of annualized revenue. Um yeah, if there are any um if in our community, if you are a orthopedic surgeon, if you are a radiologist or whatever, help me get better, bros. Help me get better.

42:37 Let me know how how what can I do to to make my clavicle heal faster so that I can be more me and not be leaning on my desk here with one hand and typing shows with one hand. Um yeah, I I mean, I've asked Chad GPT. Tomorrow morning, I'm going to hyperbaric chamber. Um, uh, I I've taken BTC5, BPC 157, TB500. Uh, what else have I done? Must be a referral point.

43:03 I'm carry I'm carrying less heavy bags. Uh, yeah. I mean, anything else that you guys can help me with like like here I am. I'm here. I need I need I need help. Help help. All right, chaps. I'll see you guys again tomorrow. Until then, trade well, my friends.