Thank you. Thank you. Thank you. Thank you. okay hi guys how are we all i hope we're all doing okay welcome everybody to today's xspace hosted
by mbixina we're glad you're all here whether you're scrolling from the sidelines or whether
you're deep in the trenches of web3 thank you for tuning in to us it's much appreciated
today's conversation is all about where crypto actually stands right now. Not the Hopium, not the FUD, not the patterns, narratives and signals for that matter.
We're talking BTC stability.
ETH is staying power, Solana's momentum, the mean coin madness and AI meets blockchain.
Joining us today is S. Jewel from Alt Crypto G alt crypto gems with over eight years experience in
crypto and founder of multiple businesses s jewel provides insights market analysis and strategic
content to educate and empower the community s jewel how are you mom yes thank you very much
for having me today i like your energy as well. Doing good. Finally, the markets are, you know, it seems as if they're picking up again. We see some green happening and that's always a bit easier, you know, coming through today. So, yeah, I'm excited for the near future for crypto especially.
by just before we get started though i just got a little bit of housekeeping to take care of
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conversation going even after this space ends and if you've got any questions put them in the
comments and we'll try and follow up after the space wraps up okay let's get stuck in then shall
we um let's start with the big question so jewel how are you feeling about the market right now
are we gearing up for something or are we just chilling in this weird sort of middle
But I mean, that's the million dollar question right now.
What's going to happen in the near future?
And honestly, I think we have a very good run coming up.
We've got a good time ahead for crypto.
The only thing that I always have been saying is that usually crypto is kind of slow in summer, which is what we're in right now, obviously.
And it feels as if that's the case at the moment as well.
We had a big run for Bitcoin.
We finally see Ethereum, you know, doing its thing, finally catching up a tiny bit.
But we're not actively breaking out right now.
And it's not mania season at the moment.
And it feels as if we need to get the money printer going.
We need to have summer done.
Once those things are happening, the Fed rate cuts,
if these things are happening
and we don't get a crazy war again in the world
or someone, you know, shooting rockets at another one,
then I think we are definitely ready and um yeah it's going to be mad house if you ask me yeah i can imagine um what's been surprisingly stable recently is is btc um but the question
behind that i think is do you think it its price action is calm before the storm?
Or are we seeing a new kind of maturity among investors?
I think a little bit of both, if you ask me.
I think obviously the maturity among investors is a big thing because we now have institutions that have entered.
We've got the ETFs, obviously.
So whereas years ago it was only retail that was getting into crypto,
we now see big, big, big players coming in and having a lot of Bitcoin already.
So I think that's one part of it where it helps with the stability of crypto or Bitcoin in this case.
But it also feels calm before the storm.
Because like I said, it feels as if the last six months we were getting ready to have the actual storm.
But every time we were ready, something was happening in the world.
So we had everything going on.
Then Trump said, not going to happen.
We're going to do the trade tariffs, you name it.
And then we got people shooting rockets at each other.
So it feels as if we were ready for the storm.
But because of certain things that were happening in the world, we just didn't actually get the storm.
So it feels as if these things are both, you know, getting ready for it.
So it feels as if these things are both getting ready for it.
And then, yeah, once we've got the most things done for it, then, yeah, it's time to make some money, if you would ask me.
Which is what we all want.
It feels a bit like a similar story with ETH.
I mean, that's held its ground recently.
But do you think that ETH is still a leader in innovation within the crypto space or all these new coins like Solana?
Are they coming along and are now they taking the mantle?
Think ETH is still here to take over
And I still think ETH is the innovation in crypto space is still happening on ETH but the thing is that
it used to be ETH only and
now in this cycle you see the
projects I think you said Solana
these other projects they have now started to take
obviously had a very big run with the meme season
and pump.fun and things like that
people are kind of done with it
and they think we all lost our money in Solana,
so let Solana do its thing.
But I mean, chains like Sui, for example,
I'm a very big fan of Sui.
I feel like these are going to be a big,
they have already run quite hard,
but they're going to be a big runner even more.
However, I do think ETH is going to run a big runner even more um however i do think
eth is going to run with it so innovation in crypto still on eth the main volume still on
eth and the main developer still on eth but i it feels as if the other ones are slowly slowly
catching up as well and it's a bit more risky but if you want more rewards you're going to be in the
more lower projects obviously but i mean i still stack a
lot of eth right now because it's i think um we are going to have a very big run for eth as well
solana has been it's been a big narrative though hasn't it of the sort of 2024 2025 but do you
think that momentum is is justified why do you think it seems to be that solana is is pushing ahead of overall coins?
Obviously it it was a bit imperative to pump.fun
Doing its thing and I think that's the main reason why solana has gone this hard because pomm.fun was a new thing
You know literally all you had to do was create like an easy wallet phantom or whatever
And you would have some money on it and you were able to trade these coins and let's be honest there have been some crazy crazy crazy meme coins
that did you know a thousand x or two thousand x or whatever within a week and then even projects
that launched within a day have like 300 million market cap or whatever um only a couple of these
things have to happen and people are making so much money and they didn't use it for another token, etc.
So it's like a snowball that just keeps on going.
But it seems as if the real hype behind it and then the initial thought behind it is now sort of done and people are done with it.
And that's why I think Solana is still here.
It's still going to be the chain for meme coins and to actively trade these these
type of tokens but it seems if the hype is a tiny bit less as it was in in beginning of this year
and and 2024 yeah i'm taking everything you say and making notes because i know that you've got
you've got a habit of uh of predicting things and getting things right i've seen some of your posts
recently correctly predicting a handful of meme coins were set to see the value burst into life but but what's your honest take
on on meme coins are any of them actually building anything real or are we just here for the chaos
i mean i'm a big meme coin fan in honesty uh That's how I started in crypto as well, and I just like my meme coins.
However, that doesn't mean that I think it adds any value.
But it seems as if there were so many projects in crypto
in the last years to last cycles
where they were all saying they had these use cases
and they were going to do this,
and they had their roadmap, and they were ready to go. They they, you know, had their roadmap and they were ready to go.
They were pretty much all going to be the next Tesla, if you know what I mean.
Whereas looking at 99% of these projects, none of them actually became the next Tesla.
And it feels as if people were just done with, you know, having these type of projects,
believing in a lot of things, saying they were going to do things.
Whereas meme coins, you invest in a meme coin because there's hype behind it,
because there's a community behind it, but not because there's an idea behind it or a use case, per se.
And I feel like people are kind of fed up with investing in a project with false beliefs
where they said they were going to provide things or do things.
Whereas people say, you know what, I'm just investing in a meme coin.
And I know there's nothing behind it, but I'm actually part of something.
I'm part of the community or hype.
And that's why I invest into it.
And I think that's the reason why meme coins have that big run.
So do I believe there's a utility behind it?
And do I think they add a bit to the crypto space?
Yeah, I think so, to be honest.
It's always interesting to look ahead to what's coming up and seeing what's new.
But it's worth mentioning the old guard for a minute, like Litecoin and Bitcoin Cash,
because they're very quiet recently.
Do you think they're fading into niche roles?
Or do you think you can see some sort of comeback for them on the horizon?
I think I'm not the best guy to ask,
because, honestly, I usually say they're dino coins.
I'm not a big fan of those.
I mean, look at Litecoin.
You could pretty much say it's been a stable coin for the past,
what is it, three, four years-ish.
And I know quite a few people are going to be mad, because there are still quite a few fans out there for Lite past, what is it, three, four years-ish. And I know quite a few people are going to be mad
because there are still quite a few fans out there for Litecoin
and they would say, you know what, this is bullshit, blah, blah, blah.
I'm just not a big fan of it.
And the reason why is I'm in crypto to make some money
and I believe 99% of the people that are in crypto right now
are here for the money as well and not just the tech per se.
And then I just think you're better off buying other projects
that have a new innovation or a new idea or a new chain that's being used
where I think the rewards are going to be way higher
than having a token like Litecoin.
Yeah, and because of that, I'm just not a big fan of those
and I would rather invest my money into another project.
And yeah, maybe they will run who knows,
I'm not going to be the one that enjoys it because I haven't invested in
I just want to touch on XRP while I've got you and just,
just ask you a quick question.
Now that all the legal stuff has mostly cleared up,
what do you think the next big milestone or catalyst for Ripple in your view?
I mean, what might be the best catalyst or push for Ripple is to actually see it being used for what they say they're being used.
but they say they're being used.
So what I mean with that is,
I think one of the greatest use cases for Ripple
is that they have the cross-country
or cross-continental payment services
if you're in Africa right now
or Nigeria or countries like that,
you lose like 35% to the government already.
And then if you want to send it over to your family,
So it's literally not doable for those people to make some money abroad and then send you want to send it over to your family, you lose another 25%. So it's literally not doable for those people
to make some money abroad and then send it to your home
because there's not going to be any money for them.
Whereas Ripple does this very well
and you have the payment system
where you make some money here
and you're able to transfer it over to them
in Africa or another third world country.
I think a use case like that is actively needed and i think that's a good thing
for ripple but still it feels as if one no one really knows about this and two they say that
it's being used for this but i haven't spoken to anyone or seen anyone that actually does it like
this um so i'd say if they're able to like marketing wise actually show that these things
work and that they are fixing these problems,
I think that's going to be great for Ripple.
Because then, you know, I will believe in as well and say, you know what,
these guys are using it for this.
They have an actual use case and it's been used by so many people making their lives better.
I want to have this token as well.
So I feel like that's what they should do.
But yeah, that's my personal opinion, if you ask me.
true and i was asking you i mean everything you're saying it's so fascinating to hear and get your
take on it and i'm sure everyone listening is thinking the same um moving on to uh bnb's still
strong despite all the uh regulatory waves that finance faced but do you still think it's undervalued given the size of its ecosystem now?
Good one. If you want a short answer, then I would say yes.
The reason, I mean, I'm a big BNB fan, met CZ a couple of times, so a great guy. So,
you know, I might be a bit biased here. But if, I can't remember when, but like a couple of weeks ago, I was talking with someone in crypto and they said, yeah, yeah, Binance, obviously they've got some some regulatory waves and people were making having a hard job with getting them, you know, approved and fixing it all.
But then I looked at the volume and I'm not sure if you've ever done this.
But if you look at the volume that is happening in crypto in the last 24 hours,
I don't have the exact numbers right now,
but it's like Binance has, for example,
and then the number two has like 6 billion volume.
Binance is like on another league or another level compared to everything else in crypto.
And it seems as if slowly the other ones are catching up and slowly some volume is going
away from Binance to the other ones.
But still, they are like on the ivory tower at the top.
And if you look at BNB, it's obviously very big already.
I mean, it's like 100 billion market cap right now.
But comparing it to, for example, Ripple, I think it would definitely need to be up
So looking at it that way, then yes, I think it's still very undervalued.
And USDT, that's emerging as a big player in our industry at least.
And it's obviously becoming the king of the stable coins, if not there already.
But do you see that changing in the next few years?
Or do you think that is, for want of a better word, stable?
I mean, they were obviously the biggest and they still are.
And once again, I don't know the exact numbers,
but I believe they had like a 6 billion profit last year.
So it's crazy how much money Tether or sort of the company behind
But obviously they had a lot of issues regulatory-wise.
So Mika and all the EU exchanges are now saying we cannot accept
USDT anymore, but we do USDC.
And I think that is a kind of big thing because I expected in
honesty all the exchanges to say, you know what, USDT is the biggest.
We don't really like it, et cetera, et cetera, but we're going to accept them.
But they are actually blocking them.
So let's say I want to deposit some money onto an exchange that I'm using for a credit card or whatever.
Sometimes I still send USDT to the exchange, but I can't do anything with it.
exchange but i can't do anything with it yeah so i then have to withdraw it again swap to usdc
deposit the usdc and then i can use that on my credit card or or you know do something there
um and i feel like that's going to be only happening more and more and and in honesty i
haven't really used usdc in a couple years but for now i am using usdc because it's just way more
easy for me um so i feel like usD is still going to be the biggest one
and still going to be there.
But it seems as if UECD is going to slowly take away
some of the volume for sure.
We're sadly almost coming to the end of our time together,
but I've just got a few more questions
on a few different subjects I'd like to ask you about.
Everybody that I talk to at the minute, everyone's banging on about AI plus crypto.
Are there any actual use cases that you're excited about?
Or do you think that most of it is just hyperbole?
This is a good question because I've got a very big use case for this.
We posted about it today,
but we're going to go live with a new branding
on all our channels in two days.
So from profile pictures, headers,
but also animations, bumpers, intros, outros,
everything you can think of,
we're going to go live with.
And so the company that makes,
like the design studio that has created it all for us,
they needed to, like they've got some designs,
but for example, we have everything with a diamond,
so they need to render a 3D diamond.
And the way you do this is with render power.
So we came up to them and we know we were sitting with them
and talked about the branding, et cetera, et cetera.
And they said, yeah, yeah, okay, so we're going to make this and this, and it's going et cetera, et cetera. And they said, yeah, yeah. Okay.
So we're going to make this and this, and it's going to take around two weeks.
So I said, oh, why is it going to take two weeks?
And then they said, we need the computing power to literally render every 3D frame second
And that's what takes so long.
But then they said, the reason why we can do it in two weeks is because we use the crypto project Render.
If they were not using Render, it would take like months to get everything done.
So what they do is they actively buy Render tokens.
And with those Render tokens, you can sort of borrow or use computing power from people all over the world that have a bit of extra computing power on their PC and say, you know what, you can use mine.
And then they get a tiny bit of the render tokens.
So this was actually the first thing, and that's why I'm so hyped about it,
that it's an active use case that I sort of have been using,
or the company that I use has been using, where it helps them out loads.
So they buy render tokens, and with the render project,
they get sort of processing power.
So a lot of things are hype, obviously,
but there are actively use cases that people can use.
And listen, that sounds like an exciting time for you, man.
You're going to be a busy boy.
Talking of hype, how do you personally cut through all
the noise to determine what's real against like all the all the crypto twitter hype that we see
how do you differentiate how do you know what's right what's not who to listen to
i mean good question um obviously these days you have a lot of sort of how do you call them
kol tools that you can use so you see you. You input a profile and you can see whether people have some active real engagement or
But still, it's a good tool to use, but it doesn't mean that you always get the right
You can have someone with a very high score that can still be kind of bad compared to
someone that has a low score.
Because let's be honest, it is still data and you can always sort of influence data if you want um so i know people that have like fake
commenting for example which boost their number because they have a lot of comments under their
profiles so you know what i mean it's it's you can use these tools but it doesn't mean that they
they are 100 correct so that's one thing that i wanted to say and then the other one is it's it's
100% correct. So that's one thing that I wanted to say. And then the other one is,
I mean, this may sound a bit cliche, but it's the eye that sort of has been training for the past
years. So I follow quite a bit of people. I'm on there, you know, 24-7. And eventually you can see
some people doing proper calls because they are, you know, enthusiastic about crypto and they want
to share the project that I've been seeing. Or if it's just people that talk about a project and sell it and then that's it. So how to do it? And honestly,
I can't give you the exact answer for it because I don't have the answer. I'm still learning on it
as well. But it's just a lot of experience and a lot of timing goes into it. And usually whenever
I see someone talking about a token, I then go to that token. I check out the community.
I check out the pages, the technical parts like smart contracts, et cetera.
So even if you find people that you think are proper people and want to follow them,
you still need to do your own research.
Yeah, so that's how I do it a tiny bit.
I think research is absolutely paramount just just do your research
exactly exactly uh right last question as jewel you you may or may not be pleased to hear and
then you can crack on with your day um nice one it's a slightly different list though if you could
only bet on one coin but not btc or eth until the end of the year where are you going
sui final answer what wait wait i've got two actually is it okay okay be Suey? Okay. So, Suey for the big one.
If, let's say, you don't want that many risks and you want to just buy and go over Suey.
If you want a bit more risky, Walrus Protocol.
Some alpha over there, Walrus Protocol.
It's like 500, 600 million market cap.
Look it up after the AMA.
Some alpha there and we do another
ama in like two months and then we'll see where it's at um because yeah i'm hyped for it so i
think it's going to be a good one but no financial advice once again and do your own research yeah
sui big one walrus protocol the second one amazing two tips for the price of one
the second one amazing two tips for the price of one thank you so much man I've thoroughly
enjoyed talking to you you're a fountain of knowledge you too I appreciate you having me
great one you know we've been working for quite a bit already so I'm very excited to see what you
guys are doing so yeah thanks for having me you're welcome and to everyone listening as well thank
you so much hopefully today's conversations reminded us all that crypto isn't standing still from btc to e-stability to solana's
momentum mean coins and the intersection of ai and blockchain the space is evolving faxed big
thanks to sir jewel for sharing sharp insights and helping us make sense of where things are headed make sure to follow both him at alt crypto gems at alt crypto gems
and ourselves at mbit casino if you're curious to see how this all comes to life check out mbit
casino.io where crypto first gameplay fast withdrawals and a strong player-led community
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community channels are pinned at the top we'll see you all soon and hopefully catch you for the next
one bye guys thank you thank you Thank you.