wait for the last few ones
I see some familiar people
Exciting topic for all of us, honestly.
this is very, very exciting for us.
Specifically for me as well.
Okay, guys, I think we're pretty much
that's going to come in, I will
add them in later as they go.
hello. How are you guys doing?
It's been an amazing week.
I think we are all due for this discussion.
most of us haven't really slept
having too much Red Bull like me,
as you experienced quite an exciting
turnout for the crypto market.
But, yeah, before all that,
again, as a quick intro from
Carol Labs and I will be your host
If it's your first time to join our spaces,
welcome. Happy to see you guys here
and, again, some of our regular joiners.
I'm so happy to see you guys as well.
And a quick intro about us.
We're Carol Labs, crypto market maker
and pretty much been in the space
for more than four years.
As everyone else, we're just
excited to know more about
this upcoming altcoin season
considering the ETF approvals
I guess I want to give our amazing speakers
today some time to introduce themselves
working on. I give the space to
you. On my watch, I see Layer
Out of here, sir. Awesome.
Thanks for having us on your AMA today.
I'm looking forward to this topic.
My name is Cody. I'm the Chief Experience Officer
For those that don't know about us,
Like I said, we're the next
that is fully decentralized blockchain
that is built to transform
And how we're doing this is actually through
our flagship and proprietary
technology that focuses on
bridge-less interoperability.
We've coined this known as
X-talk because, let's be honest,
interoperability, the word, is very
cliche in crypto these days.
And we kind of want to bring a new
risky and costly bridges,
but we can also move data and logic
freely across EDM and non-EDM
is basically that we are looking
chains, all the projects,
Today we're doing for data what
Bitcoin did for payments.
Looking forward to it. Thanks again
Always a pleasure to have you here.
honored that you are joining us today.
again. Happy to see you back here, sir.
I really enjoy these spaces
that you all are doing and
the other projects that you have on here are wonderful.
I love what you guys are doing over there
We're an NFT Marketplace and Creator Launchpad.
I don't know if you guys know about that show,
but they just made the big announcement
Check out the Killer Whales show
and you can see if we sync or swam.
really creator-friendly launchpad.
We announced a token that we'll be
use our platform to buy and sell
you'll earn points and those points will turn
If you're looking for a new, awesome
creator-friendly Marketplace,
we'd really appreciate you checking us out.
We're super excited for this space
and we really appreciate you guys letting us join.
Thank you so much as well.
I'm also happy to have you guys gear
almost every week now, I guess.
That's true, that's true.
Happy to have a regular, actually.
I'm happy to see you back again.
So I started my journey quite late
unlike most of you probably here.
I started during the Dogecoin era.
my career was in Web2 products
focusing on user experience
So, yeah, when I tried to get into Web3
and buy Dogecoin, I couldn't do it.
So I was like, you know what?
I need to build some in so that other people like me
grandparents can start using Web2 products
we know that grandparents can start using Web3.
We know that Mas adoption is here.
during that process, I've
brought on my co-founder, Mitri.
I do, I guess, all the talking.
He's more so in the darker corner of the basement.
as the top engineer in those companies
We're going to be building those
that's about Masma is that we're a Web3
everything app. So we are coming
after Elon Musk. We are coming
after, you know, Brian Armstrong.
We're coming after everybody.
So we've bootstrapped our
project up from now. We will be
planning a launch actually
probably in the coming months.
We have a really highly anticipated
feature actually in Masma, whereas
able to build transparent communities.
tokens on your Twitter page.
You click on the actual token
hashtag and now, boom, you're on
And now you're able to see everybody
on Twitter that actually owns it, who's talking
the truth about it, and then you're able
wallet, the exchange, the
socials. All in one platform, so it's
giving me five times better than any experience
meets like a coin market cap and
Thank you so much for that
amazing intro as well. And please
meet your grandma. She sounds like a
musical person in my perspective.
Hi, good morning everyone.
I'm Tuam, I'm the CEO and
co-founder of CollectorCrypt.
We're trying to bring some
a physical to digital bridge where these
collectibles can now be traded on
blockchain. And just as a
specific example, there's around
worth of trading cards in circulation
cards are traded typically on
eBay or on other types of
exchanges. The minimum transaction
fee that you'll expect to pay on eBay is
sometimes those fees go all the way up to 25%
and then you're also responsible
and tariffs, and it just gets very
expensive. And just for scale,
$25 billion. So we're talking
about trading cards like Pokémon stuff
or three times the size. Blockchain
to be able to address some of these issues.
we're paving the path to get there.
So we're planning to launch
our token here in the coming months.
Our platform has been live for about
10 months. I encourage you to come check us out.
Thank you so much, and happy to also
And who's this other one?
Chiba Neko, you're up next, sir.
Pleasure to be here. Not a sir, I'm afraid.
Yeah, we have to have some
female representation, shouldn't we?
the head of globalization over at Chiba Neko.
for communities, specifically
gaming communities. We also have
our own token. And I think
especially with the season
that we're having now, staying connected
So as someone who's been building
communities for a couple of years,
I think Chiba Neko is just
we do Discord integrations,
we do Telegram integrations, and we're
comprehensible translations
for various communities, because
it's such a struggle sometimes
to use all the translations
and to just get literally lost
communications that are coming
out, especially during such a busy season.
So I feel like, you know, if
you're building a community, if you have a really
Discord or anything else, Chiba Neko
is really there to help you out.
pairs of translational pairs
and you can set it up in a really
convenient way that works
for your specific community. So
definitely check us out if you haven't
forward to this discussion.
Thank you so much, and also happy to
see Kat. I always like seeing Kat,
so that's a good plus for me.
Arcus, you're on my list. Please go ahead.
are building an Unreal Engine
5 competitive ape shooter
esports protocol called Skill Staking,
and we're going to be releasing
the Play the Airdrop Treasure Hunt,
the first people who come in. Thank you.
Short but sweet. Thank you so much for that.
Hey guys, thanks so much for having me.
I think this is my second.
Oh no, this is my first one. I was on the last one
and I saw Layer 1. I think I was on a Layer 1
space, so thanks so much for having me.
Great to be here, especially
with a woman. Nice to have
some representation in the space.
firm. We focus, obviously, on
helping web3 projects get users.
We do that through four pillars,
which is the first one is go-to-market strategy.
Third is branding, and then
aggressive KOL campaigns.
We've all been in the space
on my team. We consider ourselves to be pretty
veteran in the space for a minimum
head of strategy was part of the founding
consensus marketing machine.
is actually DeFi, so I'd say about 80%
of our projects sit in the DeFi space.
I'm really excited to kind of
have this conversation today because
I've been doing a lot of reading.
A lot of Altcoin projects coming
through and a lot of projects looking to launch
I think there's a lot of interesting
discussion to be had around whether
a token is necessary always, when
Thanks for having me and looking forward to
meeting new people and hearing new ideas.
Thank you so much, and welcome for your first
time. Always a pleasure. Again,
we're sad we missed you last time,
but happy you're finally here.
and Karen Knapp for having me.
Hello, everyone. My name is
and co-founder of Cogito Finance.
from SingularityNet, which is
a leading AI company in Web3.
an intersection of AI and
SingularityNet and Bankersource AI
expertise to manage portfolios,
those assets for online integration.
It's very nice to be here
Thank you so much, and last
identify has issues, apparently.
okay, let's go ahead and start
actually move forward, please
if you can, so more people will be able to
join. This is an interesting topic. This is something
trying to induce people to talk about.
As you can see, I'm quite alone here
today with XCOhost. It's because
this is personally a topic that I'm personally
invested in. I have a lot of my bags
in altcoins, so I really want to know
what's going to happen next. But also,
as a kind reminder, we encourage people,
although we encourage people to converse
freely here, we do impose a
strict and emotional policy.
And as a disclaimer, any discussions
a financial advice. This is
some mere friendly banter only based on our
yeah, since we got that out of the way,
let's address the biggest elephant
in the room as we did see a
huge, yet quick, I would say,
pushed the liquidity a little bit
back into the altcoins, which
is happening right now. What do you
think is going to be coming after
this? Are we seeing more of an
extended upside of altcoins,
or do you think we'll close the week with a
huge correction? Any thoughts on
I don't think we're going to see a
correction quite yet, but I do
think we'll see a big correction
Everyone's still so happy
and so elated after waiting
so long for the bear. I think things
are still going to pump for a little bit.
But I do still think that we're going to have a
Yeah, Clarice here. Actually,
a slightly different opinion on this.
I am actually expecting more of
we're in crypto, right? Crypto is
all about flow of money, or as the
pros would say, macro liquidity.
increased significantly, both from
retail and from the institutional money
which means the altcoins should
a month or two for many of them
already. So I'm actually expecting it to
go even higher. But I suppose
what the price will look like in the next
24 hours or the next day,
I wouldn't tell that because
I'm not a fortune teller and crypto
as everyone is aware of. But if
you are asking me for a longer
frame, for example, a month or two from here,
that we'll see a higher number than now.
I was just going to jump in.
I agree 100% with what you just said, Clarice.
I think you said you're right,
Clarice. I think we're going to see
altcoins definitely pump.
what people think in terms of the
current correction. I don't think
at this point, but I could be completely
wrong. Again, no financial advice
But I think that we're going to see,
as you just said, perfectly about
of having more liquidity put into
the altcoins, I think we're definitely
going to see some altcoins pump for sure
in the next, I don't know,
next quarter, more or less.
myself as an investor, I'm definitely
looking in that direction more
As well as meme coins, I think meme
coins, we're going to see a decent
I definitely think that there is
definitely a possibility that we could retrace
We're just kind of going parabolic
right now on Bitcoin. Right now, we're in that
kind of phase where everyone's looking at each
other like, are you going to sell
What's interesting, we also need to pay attention
VC money starts pouring in, you're going to start seeing
As well with institutional investors,
they're probably still going to be
the US elections in November.
there's the whole Trump thing
something's going to go nuts
in November and I think they're kind of waiting for that
because they don't want to maybe put money in now
and then maybe November hits and it just
So that's also interesting to play
and there's also the other perspective
net worth individuals who are holding
the advisors, all these investors
that's okay, well this is the last
bull ever. That's going to be
And so they actually might
once Bitcoin hits them, $100,000
a specifically high number,
a lot of them are actually looking to sell
Because they expect a lot of turmoil
to start happening around the $100k mark
they've been waiting for a long time.
So yeah, there's a lot of
things playing out there.
So the elephant in the corner I think
money flow. And I think it's really
important to take a look at
money flows into the Bitcoin ETF. We've had
This is including the amount that's been withdrawn
past two months since Bitcoin has gone in.
And this is just a phenomenal
and a lot of the banks and
the investment advisors, they haven't even
ETFs to their clients. So the
large, large institutional accounts
have always been able to get access to Bitcoin.
independent platforms, they've
been able to recommend Bitcoin to their
clients. But what we've totally missed
out on are these kind of like
very high net worth people
platforms have not yet even approved
Bitcoin ETFs for usage there.
So there's going to be billions and billions
and billions of dollars of net inflows coming
halvening comes out and all this kind of stuff. I know we
have additional topics on that question.
But I think, you know, this
is just going to be a phenomenal market
that we're going into. And it's not
be similar, but it's going to be different from previous
my opinion, non-financial
just to kind of echo what some
of the rest of the speakers said, I think
altcoins are definitely going
to have a massive run. Meme coins
are obviously having just
knocking it out of the park
completely. But I also think there's
something interesting coming up that
is definitely going to kind of reflect
in the markets. And that's the
Nvidia conference next week.
I'm not sure if anyone's mentioned it
yet, but I've seen quite a lot
on our timeline. And I'm not sure
if it's because we're doing
collaborations, but I feel like that's definitely going
to have an impact on the market. Obviously
US politics as well. But I really feel
like the Nvidia conference, it
will have some kind of an impact because it's
massive. They're bringing back the
IRL experience. They're going to have a
workshops and a lot of kind of demos
and stuff. So I feel like
that's definitely something to keep an eye
on for the next couple of
So I missed part of the explanation
so hopefully I'm not repeating anything.
we have a lot of inflow coming
indeed from institutions and so forth.
But they're putting their money into Bitcoin
and we're so used to having
money cycle from Bitcoin to Ethereum to altcoins
and then all the way down to
But all that money is coming
now from a different type of investor.
jumping to conclusions just assuming
Because suddenly you have an inflow
a completely different type of investor
that probably, that money isn't
to Ethereum and into altcoins.
Yeah, I was just going to
just add to that and that's a really interesting thing
and I also wanted to ask someone
didn't think that the price would go
below 55 and they were saying
that I think it was the person before, the last
person that spoke, that some of
and super high net worth individuals
that are holding a ton of Bitcoin are waiting for 100k
and then they might sell.
My question was like, if we had this conversation
six or eight months ago, what
would have been our limit?
Because I feel like the goal line keeps
changing so I'm wondering if we say that now
but if we hit 100, if it hits
100k in, I don't know, three
months, are we still, is this conversation going to be
the same? I just think that it's just
like the space is so changing
minute to minute. I talked
a financial person that does a lot of
markets and stuff the other day and he was predicting
it'll hit 240k by the end of the
like, what is everyone's opinion maybe?
continue to hold or are most people
going, I mean, when will our
limit be really? I guess is my
question, if people have an opinion
because I don't know. Yeah, I mean, to hop back on to
they've been, a lot of the people I've talked to,
they've been talking about that for months
I mean, even years, like actually it's not just
100k actually, it's, and you're
right, I mean the market move,
But there is general sentiment
a lot of high net worth individuals that
huge bull run sentiment, right?
So for them, it's either 100k
who is okay with taking 100k,
they'll go 100k, right? Because like, you know, if you're
100 million dollars and you're already, this is going
to be, you know, they could be profiting up
you know, I don't know, they're 100 million
profit, that's enough for them
and then there's going to be investors who
on the actual, like, okay, I'm going to
wait two years, as they expect maybe
the bull run to be 24 months.
So they actually might wait until
You also got to understand, like, these people
who are holding these huge tokens
on 100 million dollar portfolios.
They're like, you know what, I try
to time the top, I couldn't
a lot of them are now, they're like, you know
what, I don't want to play the market anymore, like
we held, we wanted to just
right? Because now it's like, everyone's kind of used to that
it's like, we all have thought that I'm not
the same as me, I tried to top the
I back held through the whole bear
in terms of, you know what, I shouldn't
And a lot of people now are probably going to come in
and be like, oh my god, ETFs,
a lot of these investors are going to be smarter
the second time around. They're like, you know what,
when it gets too high, we're just going to pull out
now because 100k is insane
for bitcoins, it's unprecedented.
And then they'll wait, they'll wait
and they'll have enough gains not
to care if they're missing out on X, Y,
Which is not a bad thing, like, you know, S&P
and you're only going to see a few
and there and just 1% gain
in the Bitcoin market when
it gets a big enough market cap
in the Bitcoin market cap will shift all the
coins, same as S&P, like buying trade stocks,
everybody looks at S&P, moves up like
0.5% and everyone's like, oh my god, it's a great day.
Same thing is going to happen. It is right now
we're in the early market, so 15%
gains is like, literally what, 0.5%
you don't want to, yeah, so
you're completely right, you don't know how
the money flow is going to work, but
if you start screenshotting your phone
because you're like, oh my god, the games are nuts today
in a wait a month or something like that
look at my phone, I'm like, oh my god,
screenshot it, I send it to my
phone, I'm not sure if I'm the one that's
putting us into a bear market because every
time I screenshot my phone
on that portfolio, it goes down
the next day and I'm like, oh man,
so that is probably the outlet. If you screenshot
your phone to like, send it to your friend,
like, dude, look at this, I just, I don't know,
you want to keep it in your portfolio.
That's going to be after image.
Yeah, I want to add on that,
A, that's a very good point, but B,
like, it's fun to speculate
on what everyone's going to do and having
these discussions, it's really interesting, I enjoy doing it,
but at the end of the day, there's
who just don't even exist on Twitter
and don't have conversations with anyone that have their own
exit strategies, so it's impossible
to predict what's going to happen.
What you need to do is come up with your own
exit strategy that you're
comfortable with and, you know, take
but keep your skin in the game, like, for instance,
yesterday about one of the devs for
got a massive token allocation
he would have held on, it would have been worth
millions and millions and millions, and if
he would have just exited 50%
and held on to that, you know,
he'd be in a totally different position, so
if you could just stay in your own
comfortable place to slowly
exit strategy, then you don't even need
to worry about predicting
what's going to happen when and where it's going to happen.
Like, generally we know we're in the bull run
this next year or two is probably going to be pretty
decent, so just have a nice, safe,
comfortable exit strategy, but don't get completely
out, so keep some skin in
the game, and that way you don't have to really
sweat everything as much as
some people just really are always trying to swing for
the fences, and that works out,
mined all that Bitcoin in 2010
that just exited that caused
this initial correction, sure,
it paid off for that person, but
I mean, if you just have a nice
comfortable exit strategy, you're
not going to have to sweat this bull market.
I was just going to say, I totally agree with that,
you know, you've got to have
your discipline, you've got to have
your control, and you've got to have
a plan, right, and that's what it really
it's been brought up a few times with the
elections that will be happening this year
historically when you look at mortgage rates
in the US during the election years,
tend to seem to kind of go
even though they're kind of high where they've been
you can't even start seeing those
creep down as well, so you're
going to have a lot of people that are going to anticipate
play into this, because they know that that's
do have any big swings, it'll be
who's going to go in, a Democrat
or a Republican, and that will
kind of forecast where the market
could potentially go over the next four
you know, there is, I mean, that's what the
markets are, there's a lot of speculation, but
there's a lot of variables in it as well.
Like, we don't know when the next
you know, when those kind of things happen,
there's a lot of institutional
money that starts jumping back into
safer things, and you know,
just to kind of shore up their
could get it out and get it into something
On the flip side of that,
crypto investor people start
coming in if they're new, specifically
if they're new, you know,
these YouTubers, influencers, big
guys talking about all these
that they need to get into and start
and they're gonna get into them thinking
that they're mean coins, thinking that they're gonna
and they're gonna get bored, and
through their cognitive behavior, they're
just gonna start seeing all these
bubbles and all these different
kind of coins going off, and they're gonna
pull out of these altcoins and jump
into those and just get wrecked
because they don't know how it is, but
I think that there's too much
variable going on right now, but
I think that a lot of it will be stable
due to the elections in the U.S.
the bull markets, we kind of see that everyone
a crypto expert at some point,
and they just kind of create this
FOMO for everyone, like, oh, I did
this, oh, did I earn from this, oh, from
feeling is like your biggest
how do you say it, your biggest
enemy in terms of trading, right?
for the year, I know when to
close out, how much percentage
I should sell, but then it goes up
20% after that, and then it goes
high a little bit more, and then you're
like, oh, man, and then you see all
of this crypto bull run expert
saying, you just missed out in your
next 5x and 10x, and you're like,
oh, so you keep on buying,
and then I think that's when
in a position that you're no
systematically, you're just trading based
on what everyone else was selling
and based on your emotions, and I
think that's also kind of a play
we should kind of look at here, because everything
is becoming a little bit bullish, and
everyone is, you know, excited,
that's one of the things we should kind of
consider, like, the market,
it's still pretty much very volatile
at this point, and we do see
that, you know, there's a lot of things happening in the U.S.,
and on top of that, we still
there's a lot of speculations
that, you know, a big recession is going to be
announced in the U.S. and all of that items,
but when the recession is normally
announced, it means that we're actually nearing the
end of it, right, so timing-wise,
do you really think that this is going to
a significant effect on the current
election is going to be very crucial
geopolitics, obviously we have two
ongoing conflicts wars happening
right now, and that is pulling on
resources, and resources impact
traditional markets, traditional
markets impact crypto markets,
so I think we actually have had
a couple of clients talking about launching tokens
and we've been telling everyone to steer
clear of November, and probably
even October, and nothing after
November, because we just
don't know what's going to happen.
it's going to be really interesting, I think someone
was just saying about what's going to happen in terms
of investors, I for sure see
that people that are now starting to
invest in crypto are going to start looking at
other ways, meme coins, alt coins,
like that will be more interesting
because maybe they're less
institutional because they're not as
Bitcoin now, because it's seen more
as an institutional asset or an institutional
investment. Going against the
when you're investing in a meme coin
I think the end of this year is going to
just completely up for grabs personally.
I'm American obviously, but I
have lived overseas now for 16 years,
so my perception is different,
but I think what we live, living in Europe
going to be huge, because I think
resources are going to be
slim at the end of the year in general.
election goes, not to get into politics here.
From my perspective I can see a
shakedown coming at some point between now and then also.
the true measure of the bull run
is the amount of new money
piping up. Obviously that plays
a factor into it too, but
it really starts to fly when
the new money starts coming in from the retail
from our perspective, from a project
perspective, a diva mod, that's
really the way we're viewing it.
in being here, as such, as people are
saying, the way it really plays
out is that there are people
as the previous speaker said
take a loss, and then keep moving forward.
I'm on the same page, folks, I think.
your portfolios, personally,
top 100 alts, or do you think
it would be wiser to kind of risk a little bit
on the new introns to kind of
achieve that potential 5x or
Yeah, so I look at Bitcoin
and Ethereum as basically
the crypto version of the S&P 500.
So, you know, you want to be
capital in the safe bet in your S&P
and you're essentially just storing money
there. But obviously, I mean,
extra money, that's great. But
meme coin, you can 100x, right?
financial advice, obviously, but what I do
is I store most of my stuff in Bitcoin and
Ethereum and NFPs and things of that nature.
And then I take some stuff
that I could literally burn this
money and be okay with, and I play
meme coins, because obviously
everyone dreams of the 100x,
and you're not going to get that in Bitcoin,
swing for the fences, sure, but
do it with your safe money, right?
store some stuff in the S&P 500
and then play around with the altcoins and meme coins.
Like, what do you got to lose?
high school that's graduating this year
that tells you how old I am.
class, and it's interesting.
I'm here in the US, and it's
interesting that the school system is
playing it safe and sticking it
had a job, they got their job,
By the time they took it home, it was like
I taught them something really interesting
so I said, look, let's take
200 bucks, stick it into the bank,
the 200 bucks, but let me set you
up in crypto. And so, what we did is
We bought some Ethereum, BNB,
they came to me telling me that they
wanted to throw all 200 bucks of their
hard-earned money into one meme coin,
bucks turned into 50 bucks,
which was great, but then they lost
the other 20 bucks as well.
And so, you know, the point
I was trying to make for them is then
we broke down after a month,
and I showed them how much they made
inside of an institutional bank
them after buying it and staking
and stuff like that in yield
farming. It was night and
day difference, and I think that
education system is really
trying to teach our kids how
I think crypto is a great way to
of civilizations out there
Yeah, I would like to be adopted
by you so I get like free investment
like tutorials, definitely.
Well, I just gave them their
inheritance up front, let's be honest.
$200 match, that's what I want.
Yeah, that's funny. That's awesome
these kids. And basically
what you're basically saying is
it'd be great to teach them about
some frameworks, like for example
the VCs, they use the power
only a handful of investments
typically drive the bulk of return.
look at all these, like basically
they're looking at high-risk assets
which is basically what a main coin is.
in 10, you spread them out, you're looking
for the bonds that are going to 10X the most
only one of them, two of them, three
you don't want to put it all into one
basket. VCs certainly don't do
Cloris, I see you're raising your hand.
say something because this is such an interesting
a lot of people ask me this a lot
very happy investing in crypto
personally, so I get questions from
friends and family like what to buy
or do we buy the other smaller
I would say in general, this question is very
challenging to answer because it
depends on each individual's
investment strategy, right? Like their
risk profile, their tolerance level,
and also the amount of network they are
willing to invest. So there one
I just mentioned like a lot of
for example, the high schoolers, they
might have $200 to invest.
will have a different investment
strategy as to people who have 20
million to deploy, right?
So generally speaking of the top
100 altcoins tend to have
more stable performance, which might be
better for those who are happy with
2 to 5x return in the bull market.
Like that's totally doable. For example,
slightly less than 150. People
are looking for like 5x here.
That's doable, I would say
in a crazy bull market. But also
bigger potential for 5x, 10x
instances, but they also have a much
higher risk of significant losses.
Again, at later one I said like one
of the coins might go 10x and the other
four might just lose everything.
I trade super tiny coins. Some
of them have like less than $1 million
market cap. That's where we spot
Weave actually. One of the
early speakers mentioned Weave.
The problem with this kind of
very smaller caps is that first of all
because market cap is so small, which means
liquidity is very small. So even
like a few thousand dollars can spike the
And also like we are not sure
whether these small caps cannot
take off or not, so it's very hard
to predict. And then even if
they do take off, the exit liquidity
may not be very favorable, so it's pretty
going back to the example of the
$29K, which could otherwise
if they hold till today. But chances
they won't be able to actually
how much profit. So that's a very practical
the traditional upside is
significantly higher, I would say, but also
there are much higher risks here.
So because of that, I would say
is unique, so they should understand
their own circumstances, the potential
rewards, the potential risks, and
make sure that they're comfortable with the risks involved.
So that's my comment on this.
say I'm trading a baby here.
I'm pretty much new to it
that a bullish scenario for altcoins
are coming? What do you actually follow
kind of personally prepare
actually take a bit of a different
approach. I also am a baby, so
But we take a different approach because
launches and coin launches.
What we're seeing is a lot of
correlation between what kind of KOL
and what kind of partnerships
we, for example, know we'll
look, not projects of our own, but projects
that we see up and coming that might
be doing some sort of partnerships. We feel
usually if it's a solid KOL
that's out there talking about trading
that really knows their stuff, means
that the coin is going to do
relatively okay. Totally, totally
and unproven my theory, but up
to now it's worked for us.
That's kind of what we do.
Other than the rest of it, I think
sometimes it's a bit of a crapshoot. We do
quite a bit in meme coins.
just like a playground and the idea
to think that you could get in on something that really
means absolutely nothing but makes
money for you is kind of cool.
Usually we just go by if it has a
So you kind of suggest that
you kind of look into their narratives versus
just the total market performance.
have no time to look at every single
narrative and what kind of KOLs they kind of
had. So the only indicator for me
is how you're performing market-wise.
How are their tokens performing
smart way to go about it? No.
I think that's a smart way to go.
I think she makes a fair point
are strictly driven on hype.
for meme coins specifically,
ride the wave. Sell the news.
It's all hype. It's all who's talking about it.
How many people are in on it. So if you're in
the right communities and you're following the right people
because meme coins don't really inherently
have any value other than
are different. So altcoins
generally have a little bit of a higher market cap
and for those, I look for
the background of the team is, and if people are building
on it. And so I don't own any of this
so I'm not pumping my own bags but I am probably
coming up soon because I see a lot of
interesting people using it and building
NFTs on it and things of that nature.
So for altcoins, I look for what people are
doing with it and the people are building on it
and who's involved. But for meme coins,
So you never really know.
I agree with both of you guys. I think
much sentiment driven, which means
attention is the key to success.
or meme coin, I think they work
a similar way. But actually
I think one very important lesson
that I have learned from past few years
to crypto trading, there are
For example, currently there are three major
with majors, they are driven
by ETF flows. And we know
there are confirmed potential there.
That is basically web3 culture.
We cannot dismiss that. And then the third
one will be AI led by AGIS,
There are other smaller trends
for example, like ordinals and RWA
according to my personal experience
is that as long as you get into the
the best performers in each respective
field, but you will likely outperform
most people in this space because
that's where the money is. That's where
the attention is. So that's basically my
personal experience here.
but him and I are going to branch out and we're
going to make the grandma meme coin.
So be on the lookout for that.
said. You know, if you look
at the cognitive behavior behind FOMO
the psychology behind it, it's very
interesting. Yes, meme coins are
missing out wanting to belong to
our host that basically mentioned
research everything. Well, if these
marketers of these meme coins
and they can tap into similar
communities, you don't need
to. You'll discover those because
people within the community will
I'll use the old Kevin Costner
Field of Dreams thing. If you
build it, they will come.
happen that way. Now, the FOMO on the
other side, when you look at the psychology
behind that, when you look at
I'm just going to use layer 1
unique utility behind it because
it can be used as a universal
the gas token. You don't have to
When you look at the FOMO behind that
in comparison to the utility
the FOMO is a little bit different
and I think Clarice is the one
that hit upon it is that you look at
you look at the team behind it
and it's more of the long-term
behind it and that's why these alt
big maxis that hold all of
value the tech. They see the tech
of where it's headed where most of
these other guys, they're there for the
pump and dump and they're on to
the next meme coin and go
and then you just, unfortunately
behind it, it's a dead cause
after a while and it's just like
a fad or a trend. It will
die down. However, you'll
see how Doge is making a slight
Twitter, Facebook and Instagram.
You'll have a viral kind of trend
and it will die down and then
all of a sudden, somebody will be like
oh my gosh, this was so hilarious
and share it again and it starts
the meme process all over
breathing hands here. Let's go for
to pick up on what you said
You don't necessarily have to do deep
dive into everything, especially
If you see there is momentum
just check out if there is
enough. It's a very fair strategy
and you don't have to look at fundamentals
and I think secondly, especially
give ourselves a pat on the back that
we looked at the fundamentals but
most of the people are just chasing the gains, whether they are
fundamentals or not, whether it's a
want a light paper, not a
white paper. They want to scroll
They want to quickly look at the
team. They will not go on LinkedIn. They will
not do a background check. They will not
they just want to give themselves
to hit that buy button and
to not feel stupid when it goes to shit
so they can at least say we did some research
and the more the bull run
research, how little it was already,
That's just my view on things
so I wouldn't get too stuck up on
looking at real numbers and
how realistic a market cap is
because when you're in the bull run,
it's not that important anymore.
That's why you not go by light.
love that comment very much.
Yeah, light versus white.
I also will put that on my next wallpaper.
wholeheartedly with that because
we are on the side of the launch.
utility at some level, you find
short attention span that
people say, I want to see utility
and then you give them utility
and a lot of times, they don't
the people ride the narrative.
They look for the easy research
quote-unquote, see something that kind
of appeals to them. Soul is doing
really well. I'm going to go in that direction.
I've seen a couple interesting projects here.
I'm going to go in that direction.
will go really deep and look at it
really understands what they should be looking for
even it's funny because some of the communities
we build, you build out this great utility.
It's going to have all this great stuff and then
like you said, you build the field
and still no one comes, but yet
something else. There's something other appealing,
another type of project you build.
It has very little utility, but maybe
someone interesting has built on it that is
more applicable to the community
and this one does really well.
I feel like we're still trying to figure out
why certain things behave the way they do
because I think that there still isn't
And definitely, everyone's
before we were writing these massive white papers.
I mean, I think I've read maybe
all the way through my life, right?
builder, I don't think a lot of people are looking at
the details anymore. So great
Yeah, I totally, oh, I was just going to say
I totally agree with you on that
because like when I joined LNX
over a year and a half ago,
pages and one of the first things
we worked on was basically trying to
get it down to a light paper
and I'm even trying to get it down to a
kind of thing and I totally
agree. Like, what do you look at?
What do you look for in those type of things?
And I think it's one of those
things that you have your plan,
you have your strategy, and
you know what works for you and it's an
individual thing of things
I've personally been in the space
I started in Bitcoin in 2013.
wanted to make to this, and yeah, I totally
the harbors will all rise
you don't really need to put too much
time and effort into them now.
But I do want to highlight some of the risks
dealing with meme coins and
very low market cap coins
that have utility and that kind of stuff,
the few things you need to keep an eye out for
are falling in love with the project.
I think a lot of people get wrecked
dealing with meme coins when
fall in love with it. It drops
all the influencers in KOL
start really pumping it, which is basically
the meme coin team telling
alright guys, alright guys, we gotta turn it around,
If you are in there to make some
money, make some money, nobody's
going to be upset at you for
selling and making a 5x, that's
The other thing I wanted to highlight
is that a lot of meme coin projects,
they launch, they get this initial
market hype, people's attention
Spanish short, they go in natural cycles.
some things start to waver,
and then all of a sudden the meme
coin team goes, oh and by the way
look at all this utility we're going to put in,
oh look at these staking mechanisms, look at all
these things. All that is trying to
lock up your tokens, get you to think
longer term about the project,
and a lot of those narratives,
there's no fact behind them.
So you could talk about a team saying
well hey, we're going to introduce all this utility
and you take a look and their
right, so just be very careful about
some of these things, it's okay to take a
Jim Cramer says, pigs get slaughtered
I'll leave it on Jim Cramer now.
Hopefully we are not the pig that gets
Yeah, I wanted to see if I could
a project that has utility
make it appealing to the industry.
as a technologist, I've worked in
into Web 3 is really about the
commercialization of emerging
that there is a lot of institutional capital that
was a more organized Web 1
right, and I think there's Web
3 which is somewhat experimental
but then I think we're going to start
we're going to start to see a more organized
was approved, we're going to
start to see a lot more institutional interest
into some of the really good
real projects that are building
and really building infrastructure.
So the top narrative is AI.
which is decentralized infrastructure networks
doing what Bitcoin did to the financial industry.
We're going to do it to the big tech
industry, so being able to
build out large infrastructure is
going to be really important as well.
it really all depends on what
You have a short-term strategy
good projects to invest in, doing
the actual research, talking to the team,
talking to the community. I think
it's going to be really important in
when you think long-term, you never
builders, we even tell our community
that we want to be a sustainable
with a chain and things like that.
And yeah, don't over-invest, right?
And what we've been seeing is
that KOLs, we don't even need to pay
The KOLs that, you know, we raised
$2.5 million through our community,
but that came from the BitTensor network,
that really came through the BitTensor network
we were able to raise a lot of money we can build.
So if we're thinking about, you know, $100k
Bitcoin, a million dollar Bitcoin, we're
going to need to generate more
I also think meme coins are good because it is
culture, right? So on our chain,
we're going to build AI that can help
So you can talk to, like, PeePee, right?
a lot of really different
angles that you can take a look at it, but I
think you should have, like, a short-term
as crypto starts to hit its next
Yeah. Alright, guys, I think we're a little
bit over time. Is there anyone else who
would like to say their final words
I just wanted to say thank you so much.
I love these faces. I love all the
a fantastic experience and I hope to
Alright, guys, thank you so much as well.
if you want, join us again to
discuss next week about the future of
gaming and web duty. I'm going to link
the URL again on the thread below.
And please, guys, I would really appreciate it
if you can share some of our links and are
amazing your personal or even, you know, your
Twitter account so we can get more traction
on the upcoming new ones.
And again, thank you so much to
for taking the time to be with me today
and be with all the other ones today.
Always a pleasure to have you here
and to our now recurring constants
Lara1X is the second time as well,
and Julian, I think you guys are going to be
my new besties. And hopefully,
Julian's grandma as well is going to be
my new bestie on the upcoming spaces.
enjoy the upcoming weekend.
Let's lay this upcoming bull run with bigger
bags, hopefully by the end of the year.
Thank you so much, guys. I appreciate you here.
Bye-bye. Have a great day.
Thank you so much. Cheers.