URGENT: I Am Making 3 Major Changes To My Crypto Portfolio NOW! Transcript, AI Summary & Key Points

00:01 All right, we're back, guys, and we're back on  the 10-10, today's 10-10. And if you remember where we were last year at this time, have a  look here. It's right here. I don't know if you were here last year at this time. I hope  you weren't. Well, I know some of you were, but those were the scenes last year, and that  took us into the one-year-long bear market.

00:19 And I tell you, we know it was a bear  market. But if you look at where we are now, it doesn't feel like a bear market at all.  It doesn't feel like a bear market at all, even though I think probably from a  risk-reward calculation right now, I would be more towards a correction than not a  correction. And if we do get a correction, I guess it's going to be a normal bull market correction.

00:36 But for now, we're very much in a bull market. Now, people ask me, how do you know we're in  a bull market? How do you know we're in a bull market? We are in a bull market. I'll give you a  few signs why I know we're in a bull market. For one, news is moving tokens. In a bear market,  no news moves tokens. Good news doesn't move tokens up. Bad news doesn't move tokens down.

00:57 The  market just goes down and down and down, right? Let me show you what's going on in this market. I  just picked two, but there have been many, many, many. If you look over here, this is Starknet,  which announced that they are actively considering becoming an L1. And that is because of the quantum  threat, and maybe Ethereum not being completely ready for a quantum threat.

01:20 And so Starknet  basically said, look, we're actively considering becoming an L1. And this is what the Starknet  price chart did in response to that. It's doubled now. So literally, Starknet's literally doubled. I  was actually with a founder of Starknet yesterday. Then you've got Aerodrome. Aerodrome just made a  little announcement. They said tokenized stocks on Coinbase took one month to hit their first  billion on Aerodrome.

01:41 The second billion, half the time. And then with that announcement,  you basically got that green candle up, right? So when the market moves on news,  you know that you're in a bull market. And how I also know that we're in  a bull market is, in a bull market, good news moves the market up and people tend  to kind of ignore bad news, right? Or bad news doesn't move the markets a lot.

02:05 And that's  what happened last week, right? So last week, while we were in Singapore, this is basically  what happened. We got some bad news. The first bit of, I want to call it bad news, is  that Tom Lee basically stood up at Token2049. I was there, and he basically said, look, we set out  to buy 5% of the ETH. We now have 5% of the ETH. Therefore, we're not going to carry on buying ETH  anymore.

02:27 We're currently at six million. That took us a little over a year. We thought this would  take five years; it took us a little over a year. More importantly, we did this all in the middle of  a bear market. Okay, so we bought ETH when no one wanted to buy it. We were glad to buy it cheaply.  We bought a lot at $1,500, but it's in the middle of a bear market.

02:54 And now we're going to stop. We  only need to get another 100,000 ETH to get to 5%. So Tom Lee, who's effectively been the Michael  Saylor of ETH, the biggest buyer of ETH, has bought up 5% of the ETH supply, and now  they're basically going to stop. And I mean, that was ultimately kind of bad news, right?  So you basically had ETH's biggest buyer saying that he is going to stop buying ETH.

03:18 And if you look at what the ETH chart did, it didn't do much. Let's just  quickly look at what it did. Sorry, I'm still struggling with my collarbone.  We'll talk about that in a couple of seconds. So that took our ETH price down to... what was  the low? The low was like 2.4 last week. Yeah, 2 was like the lowest price.  And now we're back at 2. That was the first bit of bad news.

03:46 The second  bit of bad news was, look, I think this is quite scary. This was that tweet from Justin Drake,  right? Now, in this tweet, Justin Drake warns us of something that's actually not quantum  computers. Basically, he wrote this thing called Bunker Mode. He says, "Today I call upon the  blockchain industry to calmly begin planning for Bunker Mode.

04:07 My personal recommendation is  to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses  whose public keys remain hidden behind a hash." Now, this is quite technical, but effectively what  he's saying is we don't have to wait for quantum computing, right? He's saying don't rush. "While  I think there's no rush... while I believe there is good cause for action, a rushed migration would  do more harm."

04:30 Don't panic, et cetera, et cetera. He says, "Recent days have been humbling for human  mathematical intuition. Long-held, unquestionable hypotheses have fallen. This includes the n log n  bound," da da da da da, "in hindsight," da da da. He basically says that we're getting to a place  called mathematical singularity, right? And that's not quantum computing.

04:53 It's basically when  computers become so mathematically strong, when AI becomes so mathematically strong,  that actually, without a quantum computer, AI can crack the elliptic curves. And  basically, if it sees a public key, it can go back and work out the private key.  So it's almost like the same threat as quantum computing, but coming earlier than quantum  computing, just because of the strength of AI.

05:22 Now, this is a real threat. This is  a real threat. And I think that most assets need to move away from it. But there's  no rush. This is not saying that it's going to happen tomorrow or the next day. But  again, this put a dampener on the market. And then, if we needed another dampener  on the market, we then had this fake, not fake Ledger thing, but tampered Ledger.

05:42 So you can buy a Ledger either from Ledger, which is what you usually recommend, to  buy directly from Ledger, or you can buy it through a distributor, right? So in this  case, there was a distributor in Asia and their Ledgers were all contaminated.  Someone basically opened the boxes, put a different chip or another chip in the boxes,  and then managed to get all the private keys.

06:00 And the last that I checked, they had drained about  90 million dollars from certain wallets, right? So again, bad news. And what did Bitcoin do  throughout all of this bad news? Well, look, it did go down, right? The price  of Bitcoin went from like 87,000, and I think the lowest was about 80,000. But  we haven't got that correction yet, right? I still think that at some point we're going to get  the correction.

06:26 I thought that this may be the beginning of the correction, and to be honest,  right now my thesis is much more down than up. Generally, I know you're not supposed to talk  about the fact that you think prices are going to go down, because if you do, people jump down  your throat. And to be honest, while I was in Singapore, I had some spare time, so what I was  doing was replying to all the people.

06:46 I made a show, I don't know if you guys remember, where  I said, look guys, I'm taking profits on some of my old coins because I think the portfolio  has been running and I must take some profits so I can have some money to buy. And then you  got all these loudmouths that came in and said, "Okay, if Ran's selling, long everything."  So I basically just went back and started to reply to all the comments.

07:09 I was lying in bed  one night, I was bored, and so I just started to reply to all these smart-asses. One guy  says, "Okay, pullback postponed," and I said, "Ah, maybe not, bro. Maybe not, maybe not."  Another guy says, "Complete clown." I said, "Yeah, look, it looks like the clown was  right, bro. Looks like the clown was right." My thesis right now is that we do need a  correction.

07:28 It always happens after a sharp move up that we do need a correction.  I'm dying to get this correction. I really want this correction. I  really, really, really, really, really want this correction. We'll talk about why  I want the correction before the end of the show. Anyway, let's go back to Singapore. Let  me tell you... wait, hold on a second.

07:42 I haven't even said hello. Welcome, everyone.  I'm back. I was in Singapore last week. It was one of the hardest weeks of my life.  I cannot tell you how hard Singapore was. As you guys know, or some of you know, I am  nursing a broken collarbone and two broken ribs. And I traveled to Singapore with a  broken collarbone and two broken ribs, and it was insane.

08:07 The pain, right from the flight to  Singapore, having to sleep upright on the flight, in the hotel. I was an assisted passenger because  I couldn't carry any bags. I was an assisted passenger. They put me in a wheelchair. So I felt  really bad. I felt really, really, really bad. Anyway, let me tell you, I worked my ass  off in Singapore last week. I did six stage appearances and 15 interviews over two days,  and I had back-to-back meetings every other day.

08:37 I got this message from one of the people  that was actually with me, and she wrote this, so I'll read it. She said, "I'm so in awe of  Ran. He did four consecutive stage appearances, 15 interviews," there were actually  six appearances, "multiple meetings, all whilst with a broken collarbone." And yeah, I  did. But I'm back. I'm back here. The collarbone's still really, really, really sore, but I'd rather  be here bringing a show than sitting at home.

09:06 I got a lot done in Singapore. I don't know  if you guys saw, I did a lot of interviews. I dropped this interview yesterday with Derive, and  the day before, I dropped an interview with Santi. And there are lots of interviews already coming.  Don't know if you saw, but when we dropped the interview with Derive, the price went mad.  The price went absolutely, absolutely mad.

09:25 You've got to watch those interviews. All those  interviews are on Crypto Insider, and there are lots more interviews coming on Crypto Insider. I  met founders from big projects. I met Joe Chalom, ex-BlackRock, now at SharpLink. I met the  founders of Sui. There are so many interviews coming out this week. You've got to go and  subscribe to Crypto Insider and make sure that you actually watch those interviews, because  there's a lot of alpha in those interviews, tons and tons.

09:50 If you had listened to the Derive  interview, it was $0.34 when we started and bang, it went all the way up to $0.55. So watch  those interviews. Those interviews are gold. Also, Alex Alessandro, he's done a  ton of interviews on Risk Takers, right? So he's here. Let's just go  back. Let's just quickly go to his channel. He's just dropping interview  after interview after interview.

10:06 So this guy is the head of the Hyperliquid DAT.  He also did an interview with Arthur Hayes, which he's already dropped. So there's a lot of  alpha. You just have to go and get the alpha. Also, while we were in Singapore, good to see  that Citrini Research actually dropped their model portfolio allocation. And if you  look at this model portfolio allocation, I want to just show you something.

10:41 Okay, so  Derive. Hold on, let's just get you. Go. Yeah, Derive. Derive, okay, cool. One out of  one. Let's go, next one. Lighter. Okay, hold on. Lighter. Okay,  great, fantastic. Let's go. EtherFi, we don't have EtherFi in our portfolio.  Ethena, we have Ethena in our portfolio. There is Ethena in our portfolio. We have Solana  in our portfolio. There is Solana in our portfolio.

11:09 Hyperliquid, what do you know? We  have Hyperliquid in our portfolio right here. Aerodrome, we have Aerodrome in our portfolio.  Aerodrome is right here in our portfolio. LayerZero, we actually have LayerZero on  our buy list. We don't actually have it in our portfolio. We don't have it on our buy  list. Chainlink, we don't have. Backpack, so Backpack also, we have it on our buy list because  we're looking to get it at a reasonable price.

11:38 So it's good to see that Citrini Research,  and actually when they spoke about that, they also came out with stocks. And if  you've been watching our stock coverage, I've always said Circle, Coinbase, Robinhood.  They buy Bitcoin in the Bitwise ETF, or sorry, they buy Hyperliquid in an ETF also. So ultimately, it's good to see that  we are completely aligned with Citrini Research.

12:01 The only difference is that we  were much, much, much earlier than them, right? If you look at when we actually got  these buys, they came out last week and they basically said, this is the model portfolio.  In this portfolio, you should add Derive. Derive was already 40 cents last week. We've  had Derive in our portfolio since 15 cents. Right. So if you've been watching the show, or  if you've been a member of our Discord group, 247 Research, you would have had Derive.

12:30 You  would have had Ethena from less than $0.10. These guys are coming in at Ethena at $0.25.  Hyperliquid, you would have had Hyperliquid from $30. So it's amazing to see that we  are completely aligned with them. There are a couple of tokens that we don't  have. They've got EtherFi. I like EtherFi, but I think there are better tokens for us, and  we'll talk about what I think are better tokens for us.

12:58 Chainlink, I love Chainlink. I've held  Chainlink in my other portfolios for a long time, but the problem is it never moves. So if it  doesn't move, why hold it, right? Uniswap, it's on our buy list. Pendle and Ondo, we'll talk  about why I don't have those ones in my portfolio. But it's amazing to see how far ahead of  the curve we are, right? And specifically, if you look at our portfolio, which is Bitcoin,  Zcash, Ethereum, Solana.

13:18 Yes, we've got one or two non-performers in our portfolio, but ultimately  it's amazing to see that the guys that have been following us in 247 Research, not only are they  getting things every single day, but we've been holding this portfolio for a long time. And  ultimately, in a bull market, you want to be involved in a community like this. Later on, I'll  tell you how you can get involved with us here.

13:47 In the meantime, I do want to talk about  a couple of changes that I've made to the portfolio. Because actually, while we were away,  I made some big changes to the portfolio. I did actually post most of those changes in 247  Research. But I want to talk to you guys about some changes that I've made to the portfolio, and  I think this is pretty important after Singapore.

14:07 Because when you're in Singapore, you meet a  lot of people, you talk to a lot of people, you get a lot of alpha. So let's talk about some  of the changes that I've made to the portfolio. The first significant change that I've made to the  portfolio, right, is I have removed Telegram. I've basically sold the position in Gram, and I've  taken the money and put the money into cash, right?

14:26 Why have I taken the money off Telegram?  Originally, I had a thesis around Telegram. The thesis was that they had unparalleled  distribution and that Pavel was going to focus on crypto in this distribution. The  problem is that he said it so many times, and he just never, ever, ever does that.  Now, is he going to do it one day? Yeah, I think he will do it one day.

14:49 The question  is whether I want to sit and wait until he actually does it, or whether I can use that  money better in a bull market elsewhere. So what did I do? I took that money and I banked  that money and I put it into cash, and it's literally sitting in my portfolio in cash. And  I'll talk to you about why I'm holding so much cash in a couple of minutes.

15:07 So the first change  that I made was I took my position in Telegram and I reduced it. I'm almost holding none. I'm holding  a little bit, just in case it runs, so at least I don't feel completely left out. But that's it.  So Telegram, basically, I'm not out of Telegram. The next one that I've cut from the  portfolio is Pump. The reason I cut Pump from the portfolio is, look, first of all, let's just look at where we bought it.

15:41 So  Pump, we bought it at about 2.5. Price, 5.6. Time to get out for me. I've made my 2x.  So number one, I'm very, very much in the money. The second thing is I need to look at the  fundamentals of the cycle. And I look at the fundamentals of the cycle and I say, okay, hold  on a second. What is Pump? Pump is a launchpad, right? It's a bunch of young, smart guys that  launched a very, very, very good launchpad, right?

16:07 The problem is that since the launchpad, they  haven't managed to launch any other successful products. And at the same time, if I look at what  this launchpad is, this launchpad is just a mass extraction machine. And that's what people are  starting to pick up on now on Twitter, right? People are saying this. They're saying, Pump  made 32% more revenue than Hyperliquid this week, while Pump trades at a seven  times smaller valuation.

16:27 Why? What's actually going on here? And he's  right. And there are a few reasons here. The first reason is Pump is not a network, right?  Hyperliquid is a network. A network means that every additional user to the network adds value  to the network exponentially. What does that mean? When a user joins the Hyperliquid network, they  add liquidity to Hyperliquid.

16:49 And that way, Hyperliquid has more liquidity. And if you  have more liquidity, more people go there because there is more liquidity there,  right? So that is what a network is. Pump is not a network. It's just a  launchpad. And in fact, if anything, it's the opposite of a network,  because the more people that go there, the more people that get killed in these mass  extraction schemes.

17:08 And it's not Pump doing the mass extraction schemes. It's people doing mass  extraction schemes on Pump's platform, right? So the narrative has basically shifted. It's  gone from mass extraction, launching coins, to a model that's much more similar to the  one that FOMO has, right? So think about the FOMO model. I'm not saying that the FOMO model  is perfect, but the FOMO model is a network, because the more people that are on  FOMO, the more ideas there are on FOMO, the more P&L there is on FOMO, the more people  will

17:39 join FOMO to go and look for those ideas. The other difference is if you think about  what FOMO encourages people to do in their public wallets. And I know about their private  wallets, and I know about the scams or whatever else. But what it encourages people to do is  HODL. Because if you sell, then people see you selling and then they'll dump the meme coin,  right?

18:00 Now, I know people have side wallets and whatever else. I'm not dumb. I'm not oblivious.  Please don't think I don't know these things. But Pump is just a launchpad. There are zero  network effects to a launchpad. It's a bunch of young guys who got it right the first time,  got very, very arrogant about the fact that they were so right, and they're sitting on a pile of  cash, and they're still making cash, and I respect them for what they've done.

18:24 But I don't think  that these guys understand social networks well enough. And I think that FOMO understands  social networks unbelievably well, right? I've spent a lot of time with the founders of  FOMO. I went to New York and I met Say, the founder of FOMO. This time I met Paul, the other  founder of FOMO. These guys get it, right? And so to me, instead of being in a mass extraction  machine that isn't a network, effectively, I would rather take that money and put that  money somewhere else.

18:49 And I'll show you where else I'm going to put that money. So that was  the second change that I made to the portfolio. The third change that I made to the portfolio  was actually over here, right? And you know that I put SUI on probation. I basically said,  look, if SUI doesn't do something really, really, really quickly, then I'm basically going  to take my SUI and start selling my SUI.

19:12 And then I went to Basecamp. Basecamp is SUI's  event. It's like their developers event, right? And to be honest, I walked in there and I was  pretty skeptical. I told you guys. I was like, hey guys, what's going on  here? But when I got there, I realized what the hell's going on, or what  these guys are aiming for. And the truth is, what these guys are aiming for is AI agents.

19:36 Yes, of course they're interested in humans, but all the work they're doing, all the things  that they're actually doing, are around AI agents. Now, I'm going to drop an interview  with the founder of SUI. His name is Adeniyi. I'm going to drop  an interview with Adeniyi, the founder of SUI. It's a great interview.  You must hear it when it comes out.

19:57 But the long and the short of it is a couple  of things happened during, not Breakpoint, Basecamp, they call it. The first thing is  they hit 40 million TPS live on stage. Now, this was actually a live demo audited by  CertiK, which is an auditing company. They hit 40 million transactions per second,  okay? It was a live thing. They were encouraging people all around the world to make  transactions on SUI while agents were playing games.

20:25 40 million transactions per second. The  second thing is that they've built in things So first of all, they partnered up  with Google Cloud to make sure that agents stay within their limits.  Also, they've got a verification layer on chain, which basically shows anomalous  activity on chain. So if you're getting hacked, the chain will warn you instead of  ZachXBT having to warn you, right?

20:52 So when I saw all these things that Sui are  basically building, you basically say the following. The thesis on Sui is the following.  Look, they are late to the party. They did start a full season after everybody else, and they  don't really have the killer app right now. But these guys are building for agents, right?  And that is the biggest prize of all.

21:08 So okay, in the race for humans they didn't do so  well, because they came late. They arrived late. But in the race for agents, these  guys are very, very, very well positioned. Now, for those of you who are slightly more  technical, what you'd know is that Sui is an object-based language, and an object-based  language is much more suited to AI agents.

21:36 So I'm taking a bet that Sui may be a contender in  the AI agent narrative, right? So basically, back on board with Sui. I cut Pump and I cut  Telegram, and I'm basically sitting in cash. And the reason why I'm sitting in cash is  very simple. I think there's a problem right now. When I look at the market, I think there's a  higher probability of a move down than a move up.

22:10 Now, let's just put this into perspective,  okay, because everyone's going to say, oh, but you're in cash. I'm between 93 and 95%  completely allocated to the market. I've got between 5 and 7% of my portfolio in cash. Okay,  those are the numbers here. So 93 to 95% allocated to the market, allocated to these tokens over  here, and I've been allocated to these tokens over here ever since I told the people inside  247 Research, which is our Discord group, to be there, right?

22:39 I believe that a lot of  them must have followed the trades, right? Now, just quickly, let's talk about  following the trades. Number one, if you want to be a part of our research company  or our group, there is a link below. It's free for two weeks. It's absolutely free. Okay. So you  join here, and for two weeks it's absolutely free. Now let's talk about actually taking the  trades.

23:01 We have built you guys a terminal. Okay, let me just go here. Continue to terminal. So we  have built you guys a terminal, right? That's the terminal. Every time we make a call, you can  trade directly from the terminal. Literally, you can go to the terminal and you can trade  directly from the terminal. So you can go to the terminal every time a trade comes on.

23:22 I don't  know if I've got money in this account, but let's just hope that I have, because otherwise... Okay,  you see, I've just opened a Filecoin trade. I'd better just close that trade. Literally, you  can trade from this terminal for free, guys. So if you want to join 247, you get  free access to the terminal. You can trade directly from the terminal.

23:45 Every single call that we make is here. Literally every single call  that we make is in this terminal, in this thing over here. Just see what else  is going on here while we are here. All right. So that's it if you want to join us. Guys, it's  two weeks free. I really encourage you in the bull market to try it out. If you're unhappy  after two weeks, you can leave.

24:07 It doesn't cost you anything, but if it does work for you, it  will actually start making you a lot of money. All right, let's talk about some other things.  So I said to you that 95 to 97% of my money right now is invested. Sorry, 93 to 95% of my money  is invested, and between 5% and 7% is in cash. So why do I have the cash? What do I have the  cash for?

24:29 The cash is because I think that there's going to be a pullback, and what I've done is  I've prepared a list of things that I want to buy. There's the list of things that I want to buy.  See, I want to buy Backpack. I want to buy Uniswap. I maybe want to buy Stonk, we'll talk  about that. Venice, Grass, GEODNET, Derive if I can get some more Derive, Pearl, which we can talk  about, Qantas, and I want to buy some LayerZero.

24:56 So I've got my list ready, and I've kind of got  myself some target prices. If I get Backpack at anything under 0.8, I'm in. If I can get Uniswap  at under $5, I'm in. If I can get Venice at under $15, I'm in. If I can get Grass at under $0.5,  I'm in. If I can get Geo at under $0.2, I'm in. If I can get Derive for under $0.2...  I'll probably never get it at $0.2 again, unfortunately.

25:14 All of these things, if  I can get them at these prices, I'm in. Now, you'll notice that I don't have to  own all of them. I've got 10 options, right? And if I get three or four  of the 10 options, I'm happy, right? Because I'm not going to chase them  at these prices. I'm not chasing. I've got 95% of my portfolio invested in amazing,  amazing, amazing stuff.

25:32 And these are just the holes in my portfolio, or the things  that would be really good to get, right? Stonk, I'm not 100% sure that I want to be  buying Stonk. I don't know. I'm undecided, right? The reason I'm undecided is I'm kind  of thinking to myself, it's just a launchpad. What are they going to do after they're a  launchpad? But if it does go cheap enough, then yes, it is going to be one of  the ones that I actually buy.

26:00 So I recommend you do the same. Sit on 10% in  cash or 7% in cash, or whatever you want. And then someone says, what about NEAR?  I've got NEAR. I've got enough NEAR in my portfolio. Here's NEAR in the portfolio.  It's amazing. NEAR is amazing. It's really, really good. But I've got it. These I  don't have in the portfolio, except I've got Derive. I don't have enough Derive in the  portfolio, but I've got it.

26:22 I must be honest, I did buy a little bit of LayerZero. Not  enough. I did buy a little bit of LayerZero. So the idea is this. The problem is that if  the dip comes and you don't have any cash, then you're watching this dip, and you're seeing  all these amazing tokens that you wanted to buy at high prices. Now, I took things. This one,  I broke even, or I made a little bit of money, I made 4%.

26:53 This one, I made 124%. I also took  some cash. Remember, I told you guys I took some cash on other trades. Like Ethena, we had made  a 3X. I took some cash. I trimmed a whole lot of cash on a whole lot of other positions where  I'd made a lot of money. I was like, hold on, I've made 200%. I made 300%. Let me take a little  bit off the top and keep it in cash.

27:08 That way, when the dip comes, who's there? Me. And  I'm there with cash and I'm ready to buy. So right now, I'm 93, 94% invested. I'm 5 to  10% in cash, and I'm sitting and I'm waiting. I've got a plan, right? You know why you need  to have a plan? Because if this market turns, the problem is that you're going to lose  your cool. And when you lose your cool, then it's, I don't know what to buy, I'm starting  to panic.

27:39 Listen, I've got a plan. I know what I'm willing to pay. Backpack, my target is  anything under 0.8. Anything under 0.8, I'm buying. Uniswap under 5, I'm buying. Venice  under 15, I'm buying. I don't care if I miss the bottom. That's the price that I want. That's  the price that I'm going to pay. That's it. Someone says here, Banter missed all the good  calls: Quant, XLM, and Midnight.

27:57 Brother, there are 69 million tokens, right? Our portfolio  is at an all-time high at the beginning of the bull market. At the beginning. So, okay,  guys, we missed Quant. We caught 25 others, okay? Really, we caught 25 others. Yes, okay,  okay, okay. We missed Quant. We caught 25 others. Now, let's go back. So right now, that's the  strategy. The strategy is I'm sitting between 5% and 7% in cash, and I've got a buy list,  and my buy list is ready.

28:31 And I will let you know in 247 Research exactly when I am deploying,  because I always do that. Whenever I deploy, I let you guys know immediately: I bought this. You can  see these guys have had my buy list since October 9th. It was October 9th in Singapore, so October  8th. These guys have already had the buy list. Guys, I'm telling you again, join the group.

28:58 I promise you, it's the best decision you will make in this bull market. The best  decision you'll make in the bull market. All right, let's talk about altcoins. So this  is what's going on. StarkNet is moving because they are talking about becoming a layer  one, which is great. I've actually met the founder of StarkNet. I mean, I know him  quite well.

29:16 Very, very, very good guy. Very smart guy. He's actually the same founder as  Zcash. I don't know if you guys know that. Aerodrome is up on the news that their  tokenized stocks are actually growing, which is great. NEAR is up because  it's NEAR. Illia is coming on our show this week, so we'll catch up  with Illia this week on the show. So let's also talk about the next  couple here.

29:35 So we've got Shuffle, up 48.8. You've got Conflux. The Chinese  Conflux is up. Holy moly. Oh, okay. Very good. Okay. Compound, up 3.9. I actually have a  position in Compound, just a leverage position. I think the big story today that we  must cover is Paper Trade. I don't know how many of you guys have been watching.  Jesus, holy moly. I don't even know.

30:06 You can't even say. Look at what's going  on here. So this is Paper Trade. For those of you who don't know what it is,  it's a very, very novel concept, right? So what's the concept? The concept is that  if you lose, you get tokens because you lost money. So it's a perps exchange.  It's built on Hyperliquid. Right now, I think it's only Bitcoin and ETH, and  it's super fucking high leverage.

30:35 100x, 1,000x. Okay, it's super, super high leverage.  And what people are doing is they're trying to lose. Okay, so get this. They're trying  to lose so that they can get the tokens. Now, be careful. Don't go there. Don't go  there to try and lose money on purpose, right? And I'll tell you why. Because there  are whales that are actually farming this thing right now.

31:00 What they're doing is they're  going long on Hyperliquid and short on... So they're hedging the position. They're  going long on the one and they're going Short on the other, right? And so then their net  position is delta neutral, but they're earning the token. So the trade that they think they're going  to lose, they do on paper trade. So be careful, don't actually get into this game.

31:19 I mean, it's  a very dangerous game. I can see my researchers are actually sitting here actually playing  this. But yeah, that's the concept here. Open margin, 49 million. Open  interest, 8 billion. I mean, this has got to be the fastest. Whoa. Let's  have a look here. This thing is flying. Researchers, what's the latest number on total traded? I know they hit about  100 billion not so long ago.

31:49 But the game theory here is, would you actually  lose money to gain tokens? But it's not actually working like that. You've got to be careful,  because you think that it's working like that, but it's not. And when you're the one that  thinks that it's working like that, it's not. 205 billion. Can you give me a dashboard,  Naz? Can you send me a dashboard so I can show the guys the actual dashboard?

32:08 205 billion is being done there. Yeah, this was exactly an hour ago, they'd done 100  billion. So they'd done 100 billion, now 205. Someone says you had it open. Okay, can  you show me where I see the total number here? What am I missing here? Where  am I seeing the total number? Yeah, there we go, 206 billion.  206 billion dollars. Insane. So, when you lose money, they fill up like a  pool.

32:45 And they fill up the pool. And once the pool's full, they're not giving away any tokens.  But when the pool empties out and they need money, they give you tokens in return for money.  That's basically how this thing works. It's a novel concept on Hyperliquid.  Be careful. Don't go there to lose money. I don't even think you can, because the  deposits are actually blocked.

33:07 The reason the deposits are actually blocked  is because there's just so much demand. But insane. It's just cool to  see these things built on Hyperliquid. And I guarantee you, if we go and look at the  HYPE chart, I guarantee you the HYPE chart is up. I haven't actually looked today, but I  guarantee you that it's actually up today. And that's why we hold Hyperliquid in our portfolio.

33:28 There it is. Okay, it's up 2%. It's not flying up. Also, look here. I just want to show you  what I've done here. I was a bit lazy. I should have created a completely separate watch  list. But I've taken all the buy lists. When you've got broken ribs and you cough,  it's not the nicest thing in the world. So what I've done here, as you can  see, I've put my buy list on top of my TradingView.

34:01 So I've got Backpack, Grass,  LayerZero, GeoNet, Derive, Uniswap, Stonk. Everyone was asking in the  chat, what is Qantas? So Qantas, it's like Bitcoin, but it's quantum  resistant, right? They claim. Look, I don't recommend you buy it. Why? Because  it's very illiquid and very hard, very, very, very hard to get. If you want to know where to  get it, ping me in the Discord group and I'll tell you where to get it.

34:31 It's very illiquid,  very, very, very hard to get. But I think that, I don't know, I must say I just took a  small bite just to basically have exposure. But then going back to it, I keep my buy list  at the top of my TradingView. So that way it makes me more focused. If the market starts to go  down, I'm not worried about all the other crap, because I know it's going to go down.

34:53 I  just keep my eyes on the stuff that I'm looking to buy. I should have made a separate  list, and maybe tomorrow what I'll do is I'll make a separate list. That's what I'll  do. I'll make a separate list tomorrow. Let's see. What else? What else? By the way,  I was away, so we haven't yet given away the Kalshi money. So remember, guys, how it works is,  let me show you something.

35:13 If you are a US person, so this is only for US people, don't try and do  it if you're in Europe, because it won't work, because it's not MiCA. Maybe they're getting  MiCA licenses, but I'm talking about the US. If you want to trade perps legally in the  United States, you can actually do it on Kalshi, right? I'm not logging in now. You can go to  their perps markets.

35:34 They've got all the perps. So I'm going to be honest with you here. The perps  leverage is not as high as what we are normally used to, but it is regulated perps. And they've  got a pro mode, so if you want to, go and do it. Oh man, I'm not signed in now. Actually, let  me just sign in. Give me a second. Let me just sign in. If you want to do it, we're  giving away $5,000 to one lucky winner, or maybe we'll split it amongst a couple of lucky  winners, if you sign up on Kalshi.

36:05 So again, if you're in the States and you're looking for  an account and you want a chance to do it, you also get a sign-up bonus, I think, when you trade.  Sorry, I'm not on the right computer to actually log into it. I think with the first trade that  you make, you get a bonus. And there's a giveaway. You said $500. It's $5,000, Johnny.  Johnny, Johnny.

36:31 It's $5,000, bro. All right. Let's see. What else is going on  here? Let's see what's going on here. Worldcoin up at 56 cents. Aerodrome, almost at a dollar.  Near is always near. Just keep Near, Near, and you'll be fine the whole bull market. Sui up.  Ever since Ran said he's buying it back. See, sometimes you make a mistake. You get  more information.

36:58 You buy things back. Watch for the interviews that come out  on the other channel, on Crypto Insider, because those interviews are just  alpha after alpha after alpha after alpha after alpha. Trust me,  you want to get that alpha. So, Ardis, is there anything we've  left out? It's so good to be back. Guys, last chance. Go and sign up for 24/7.  Two weeks free. You also get the terminal. Sign up for Kalshi. I'll see you guys again  on Monday. Until then, trade well, my friends. Thank you.