TOP 5 Altcoins to Become a Crypto Millionaire This Cycle (IGNORE The Rest!)

TOP 5 Altcoins to Become a Crypto Millionaire This Cycle (IGNORE The Rest!)

welcome back to the channel guys I’ve got a very special guest miles deutcher how are you doing today mate I’m great bro excited to dig into the markets excellent miles is an altcoin specialist in the entire crypto space and also fantastic analyst I follow a lot of his content when it comes to altcoins uh so we’re going to go through today looking at altcoins in general we’re going to look at the macro space when it comes to altcoins Miles Theory here and then I’m going to put to the test and dive into five of his top alt coins and look at whether they are leaders or laggers based on my own Theory the altcoin versus the Bitcoin pairing chart get your Cups of Tea coffee whatever you’re drinking Mar details will be in the video description mate let’s kick it off with your theories and what you’ve got there on the charts yeah so my my general theory with the altcoin market is quite simple it’s something you alluded to there with looking at Bitcoin data to correspond to altcoin strength and it’s basically that when you’re positioning yourself in an altcoin Crypt bullrun you always want to lend towards the strength so typically what we see cycle to cycle is you have two to three leading narratives in the market which are dominant throughout the cycle and these tend to outperform in 2021 it was the layer one trade we also saw the layer 2 trade slightly later in the cycle this cycle however there is a new crop of narratives and trends that are starting to emerge um that are clear our performers and you can see in front of you so far this year over the last last three months it’s been meme coins outperforming 141% you have privacy coins up 68% rwa coins up 60% AI coins up 58% if you scroll up and you look at the month-to DAT performance so going even more micro here you can see AI has been the clear leader into many AI specific catalysts that are coming in the real world oracles el2 dpin Etc outperforming so generally speaking I don’t agree with buying the tops of Nares I I don’t think you should be buying a narrative after it’s already run but you should be looking in general to accumulate major pullbacks on narratives that are still showing an uptrend versus Bitcoin and against the rest of the market and for that reason when we get into my portfolio and my top picks later in this video most of my portfolio is structured around the trends with M share crypto is an attention economy the altcoin game trades on attention verticals like meme coins rwa Ai and I think at some point later in the cycle even crypto gaming we’ll get into that these are the narratives with the most attention flow they’re easy for retail to understand which is a major proponent of success in crypto because when retail becomes interested in crypto do you think they’re going to buy a ZK L3 inoperability aggregator like no that they’re going to invest in that they find fun that they understand that they resonate with uh and that’s why so far this cycle we have seen these specific narratives out perform and that’s why you know if we do go and we’ll talk about about this a bit later um into an extended altcoin rally at some point this year or early next year these are probably the trends you’re going to see out performing and the amazing thing is there are so many ways to position yourself here within each respective narrative can I ask a couple questions just with this this is June analytics June analytics correct yeah if anyone’s wanting to add this to their own toolbox when it comes to their trading and investing down yeah further down you had the year to date which we could get into a little um a little later do you know how this is put together when it comes to the narrative itself like what sort of objective data are they researching to put together what the narrative would be are they sort of skimming Twitter for most popular terms for each June analytics dashboard it’s basically you have to plug in code and it’s created by individual people here there’s an in-depth tutorial on how they’ve actually made it so if you click on this video they will go through how they actually made this and this will give you the exact data I believe what they’ve done is they’ve either aggregated other inputs from June or they’ve taken let’s say like the top 100 usually it’s the top 100 or top 150 from each respective narrative and they’re aggregating the data to get um to get a trend but obviously for the real you know Savvy people that want like the exact data you can go into the video and you can actually build your own code as well if you’re super tech orientated chat gbt can actually be a tool where you can do that yourself all right cool we’ve got a pretty good overview of the narratives at the moment how about we go into some of the top narratives that you’re seeing and why and then we can get into specific altcoins of that narrative and then go deeper and figure out when to buy when to sell and your macro thesis on altcoins and altcoin season so as I mentioned before you want to be going where the the attention is flowing and there are a few key verticals that I alluded to that are most focus on but I want to break them down a little bit more in depth so you understand the drivers behind this attention because attention doesn’t flow for no reason there needs to be Catalyst or themes in the market which dictate you know where people become interested in certain sectors so starting on AI specifically AI is very unique in the market because it has so many real life catalysts which contribute to the hype and the general attention flow into AI what do I mean by that Microsoft Google Apple they’re pouring billions actually trillions if you look at samman’s pledge of dollarss into the AI space and for that reason you’re seeing accelerated development in the space and the more products that get developed the more products that ship when these products ship because they’re so transformative and how we live our daily lives you’ll notice that it causes a lot of stir on social media like if you if you were scrolling through Twitter when chat gbt came out the whole feed and YouTube was just chat gbt videos and tweets because it was lifechanging at the time we hadn’t seen a language model that powerful AI is exponential because AI actually trains itself and AI models train themselves so as you start seeing these models get better and better and better the hype and attention in the in the mainstream media on social media towards AI is going to be immense and the unique thing about the AI sector compared to other sectors is because there’s no definitive timeline on a catalyst you can keep getting these news events and these hype events Nvidia earnings Hypes the AI narrative Apple has an AI Summit Hypes the AI narrative Google releases some new AI product Hypes AI narrative so it has more longevity in my opinion due to this like you know very short cyclical nature compared to something like crypto gaming we just still like for different reasons but that might only run once or twice a cycle AI we’ve already seen three to four runs so far in the last 12 months so there are many opportunities to profit now digging deeper into the AI sector specifically one thing becomes clear a lot of the AI tokens aren’t really AI they’re pseudo AI they’re slapping AI as a buzzword onto their website and a lot of them are vapor wearing garbage especially if you start scrolling down the list and going into the sub hundred million category but you have to make a decision in terms of your direction when you’re when you’re investing whether you’re an altcoin Trader or an altcoin investor what do I mean by that if you’re an altcoin Trader it doesn’t really matter if a coin is AI or pseudo AI because if the market believes that it is AI like it thinks rend’s ai ne’s ai fet’s ai Al is AI is AI T’s AI then you can still make money off the trade even if theoretically none of these coins had anything to do with AI it’s about the Market’s perception that matters if you’re an altcoin investor and what I mean by this is you know you have a multi-year time frame and you’re really trying to pick like the genuine products that stick and get network effect like you you know would with salana back in 2020 then it’s a different proposition altogether and you’ve probably you know got to start looking really deep into the fundamentals personally I do a mix of both I love trading the AI coins around major US events and I’m always looking for new AI technology that interests me I can get into some of my top picks now for the ones that are interested I think Renda I think that was a um sorry to cut you off there but I’m quite interested in that because as a Trader I can see what’s looks strong and what looks weak just looking at probabilities but when it comes to something longer term or trying to find a lower market cap AI coin I’m they all look the same because the charts all look the same they’re all basically flatlining next to nothing at at Super lows so yeah if you want to let us know your thoughts on top AI coins and if you want to pick one or two at the the other end which might not look so good in the chart but there might be some sort of fundamental reason let us know well yeah in terms of in terms of trading like if you look at something like render so a lot of the AI coins have flatlined but if you want an answer to what the market views as AI because that’s very important for attention the coins that have run over the last few weeks when AI did outperform the market these are the coins that are like clearly signaling to you like during an AI season these will probably outperform from a trading POV then obviously you know the liquidity filters down so render actually performed really strongly this is something I discussed on my show I think around $8 that if we did see an a AIC season render would outperform so that’s up to 11 I think it even touched 12 at one point um ta actually underperformed during this recent run but I still like it AOS is performing super strongly this is one that I’m also invested in if you look at the monthly it’s quite strong and it did rebound during this latest Rally from the dip so that was a good sign that 60 to 90 Cent bounce I think from you and check the chart too a AOS yeah yeah AOS render like the these are good ones as you go down the list it starts to get a little bit more dubious because the reality is this sector’s very nent and a lot of the good Tech isn’t even in the market yet like there’s one that recently launched that I like it’s at a slightly higher valuation um but it’s AI agents and they’re backed by Sam Franklin Templeton like big big backers uh is is spectral it is at a slightly higher FTV so that’s something you have to take into account they aren’t unlocks for another few months from a trading perspective but definitely look into the tokenomics before you invest in something but this is an interesting concept right and this is an example of a newer AI project that’s launching that is actually doing cool stuff in the market I’m not even an investor in this I just you know on the liquid Market um I’m I’m interested in it and I also recently met with the team to to learn more but um you know I don’t have a stake it as of now um so that’s one that’s interesting so I’m always on the lookout for the new stuff because there’s a lot of trash here especially as you can see as you go down the list it gets super low cppy super risky super like weird um so sticking to the leaders in the AI sector has been profitable because as I said during the latest runup your renders have outperformed your aers have outperformed I mean even adx and and Fett technically outperformed some of the lower caps which lag the other reason why the lower caps in AI have lagged despite a recent rebound across the larger caps is because the lower AI caps they tend and this is similar to the allcoin market in general they tend to run towards the end of an AI cycle so if you do see a big blow of top with AI like we witnessed back in in March the lower caps only ran during that final two weeks whereas Renda went from $2 and ran up all the way to like $14 in the six months prior to that it wasn’t until the two weeks in March that we actually saw these small caps deciding to do 10xs so were the lagers laggers always do that at the end 100% okay so essentially what you’re saying is with the lower caps they are not necessarily real AI projects the smart money essentially knows that and they’re sort of waiting for times to sell out which is possibly why you’re not seeing the same sort of pumps as you would with the real projects and some of the projects like render from from memory a lot of their tokens are already distributed on the market so rent is deepen and this is the distinction that I want to make for people to understand the graph’s actually an indexing protocol TOS a decentralized network that’s um AI Network for machine learning so it’s closer to Ai fet and adx they incorporate elements of AI AOS is a AI um and deepin protocol and web three streaming but the important distinction to understand with like you know something like a deep in Project like render and there’s upcoming ones which I’m invested in like a which I think are going to be strong iet’s also coming too deepin is a is an interesting vertical because basically it’s a decentralized private infrastructure Network work which has GPU power to facilitate AI applications what do I mean by that if you want to create an AI app or an agent it’s quite power intensive GPU intensive due to the global shortage for gpus with the whole you know Nvidia shortage of gpus skyrocketing it’s actually cheaper and more effective a lot of the time especially as these protocols become more advanced uh to leverage a decentralized GPU Network than actually going out and sourcing those gpus yourself because you can rent the GPU power um and can also crowdsource the power from individuals to contribute power to the network so some when we look at something like render it’s actually a deep in protocol which means technically it can be used for any online power intensive application people are viewing AI as that intensive application uh because AI requires a lot of power but so does crypto gaming uh and so do other use cases as well like you know General software development coding Etc rendering things like metaverses games graphics anything that requires like a graphics card you can utilize a deep in network for so it’s important to make that distinction but because render has the Apple affiliation um it’s clearly you know tied in there actually don’t hold much render spot I’m more of a render Trader because I really like the price action on this and and I like how it typically leads the AI rallies so that’s what why when I say you know I’m interested in AI from two different perspectives you got to look at it through the lens of trading and investing and it’s actually similar to meme coins so here’s thing with meme coins let’s get into this now like hold on all right you’re wealth of knowledge and sorry to the viewers that I keep cutting off he he can talk a lot and it’s it’s all good stuff but I want to ask some questions so hopefully you guys are also interested in the questions too I’m sure you have plenty of them and if you do leave him down below and obviously follow miles on his channel the links will be in the video description just on AI before we jump to the next narrative it’s relevant though it trade similarly that was the point I was going to make but it’s okay trade similarly to the meme coins I hold a few lower midcap AI tokens in my portfolio so AOS it’s not really lower cap it is around a bill but it’s still low compar to render um Ator much more speculative AI deep in play but I like the BD the team’s been doing in terms of partnering with a lot of other AI protocols they are a privacy Network though rss3 is a infrastructure play so it’s actually um it’s actually a blockchain but they have very Advanced AI indexing similar to the graph but specifically for AI and I do like to probably as a longer cycle hold uh just because it’s the main leading machine Learning Network there are others coming soon which I’m invested in from an earlier stage like Aur but I don’t think their token’s going to hit for a few more months so it’s difficult for me to speculate on valuation so there is a lot coming to the space and then AR although rwe’s technically deep in it is highly tied to AI so I like AR and I also like Nia as an AI Play Because Ilia the founder is I mean he actually originally started out in Ai and Nia is actually incorporating a lot of those elements more so than other blockchains so so those are the ones neara AR rendered to an extent but actually don’t hold much I mostly trade it to AOS on the slightly smaller cap side Ator rss3 these are the ones that I hold longer term if you want a little bit of early Alpha at least you know early for me there’s this one called heepe coin it’s not the mem coin Pepe that you’re thinking about it’s the OG Pepe it’s actually the OG Pepe it was launched before the Pepe coin that you probably know about um it is half meme but it’s also half AI because there’s a protocol called based AI which has an AI Network that Pepe coin is actually burnt based on the usage of the based AI Network so it’s actually an AI play although it’s under the guise of a meme coin It’s actually an AI play and this is an interesting one that I think can perform well that’s why I did take a position but it’s not in my portfolio spreadsheet because this was made last week and I just added that but I’m more as you can see I’m always looking for new interesting AI plays so this none of this is set in stone the most important thing to take away here is it’s the narrative that you want to be aware of what would be the downside or the say invalidation in your mind where you would just say it’s not happening I got to get out for example say render this thing has just been going up and up and up is there any sort of invalidation within your analysis that you would I actually look I use a lot of technical invalidation similar to you like I’m not an idiot like I don’t just invest I learned a lot from you know I started in 2019 so I invested in a bar Market I saw I saw what can happen in a bear uh and I also round tripped like a lot not a lot but a decent chunk of my profits in 2021 I guess it was a lot in in nominal terms so like I I know what it feels like to like be holding a bag and I like refused to do it again so my trading style now is a little bit more uh rash than it used to be and and rash in a good way that you know I’m willing to just cut positions if they start breaking major levels I I love the 200 Ma on The Daily that’s me a momentum gauge if you’re above it generally you’re in an altcoin Bull Run if you’re below it so for render right now this is $7 that’s looking dubious you really got to consider your position at that point so that’s kind of how I’ll play something like a render but if I was in a spot a big spot bag I would definitely look at these levels this is actually higher lows right so the the real last leg support it can chop around here and do this and that’s still technically Within a range if you’re within a a range I’ll play the extremities of the range so I’ll like take profits close to the top of the range and I’ll buy back in below but if you start breaking down and making lower lows then the trend is essentially invalidated on a higher time frame I like the daily you can also use the weekly but the Weekly’s very hard to trade off um because I mean I can dra the weev but it’s very hard to trade off right I can’t really trade on this like it’s it’s just up only whereas the daily gives me more of a bearing of like what the actual range is and right now Renda is literally in this range where it’s chopping sideways this isn’t my exact waiting this is this this was for the purpose of a video in truth I hold more altcoins than this but I wouldn’t recommend that for an average viewer that they hold 50 60 altcoins I literally spend 12 hours a day doing crypto so I like manage I’m like managing it all day for the average person that doesn’t have time you’re way better in the 15 to 20 altcoin range but AI sits around 16% infro which is l1’s and blockchains I reckon we get into narratives in a future video so if you guys do want to see more yeah I definitely want to get you back on we could talk forever but I want to get into your macro we got to discuss we got to get into meme coins rwa and gaming you guys can tell I ramble because I have a channel I’ll plug I’ll do a Shameless plug I post this stuff every day on my channel so I’m and my videos are 30 minutes so I’m used to just ranting for like 30 minutes nonstop as like a an hour you got an hour down here but we need to get we need to get into another video for your channel where we dive into your fears of the end of the cycle and what we’re going to do there so we need to um press in a bull run I make more money than you because I’m a Deen in a bad Market you are definitely more rational and you probably are more protected than me so I need you need some of my degeneracy and I need some of your security and if we can if we can merge exactly conservatism if we can merge that we’re both going to kill it audiences can also merge that balance I’m just going to say something very quickly wow thein actually in that’s not going to happen um no no Pepe summary meme coins in meme coins are similar to AI coins in the respect that in a major run towards the end of the run all the low caps print 50 to 100x but you have to be very selective about when to go risk on or risk off if you’re in a mcoin season dance while the music’s playing be a dgen be an idiot capitalize off it but ruthlessly take profits because if you’re holding some of these lower cap meme coins they do get wrecked on the downturns whereas if you’re holding something like a Pepe and whiff which is my strategy longer term for the cycle I think they are going to continue to be decent spot holds because they’re so established in terms of Mind share so when you’re playing the bigger memes you can treat them more like Investments they’re still gambles they’re memes they’re risky but then if you’re playing the mem coin game that you got to make a very concerted effort to time the game in a period perod where you’re in mcoin Mania because averaging into low cap memes is not a great idea considering they’re so cyclical in terms in terms of their attention that’s my like totally agree and for example the Trump whatever the Trump coin is there Trump and Biden coin they’re probably going to get hot around the election or before the election and then peek out sometime there and then they just probably won’t get talked about too much after that so that would be something a casino you shouldn’t be you shouldn’t be buying something like a Bowden to hold for like a year for the whole cycle you should be like the these risky mem coins they’re better to trade and you can make insane amounts of money now tell us about your theory on the macro cycle now altcoin season what’s going on with alts long term when do you think it’s going to end so on total three if you go on to the Daily you can say we’re breaking the flag this is much shorter term obviously alter also within a range similar to how I pointed out on render you you have total three and look you can’t chart this in terms of PA because I don’t think buyers and sellers are looking at it as know strictly as they would for an individual coin but generally speaking just for my bearing on the market I do like to look at total three like this if you go into the weekly chart that is actually quite a key level the $780 billion level where look if we start breaking above that that’s that’s bull market Mania and that’s probably going to take us to all-time highs which is one trillion on the altcoin index and above so that’s definitely something that um I’m looking at in terms of like a signal for me to go super risk on that that’s what I’m looking at on alt here’s the thing about alts they can be valued stupidly high and they can go past your wireless expectations in a bull they can also draw down past your wildest expectations in a bear When the Music’s playing you got to dance when it comes to this altcoin Market how long the music will play because this hasn’t even really fully kicked into gear yet that’s the question I think if you ask me based on my analysis I don’t have the charts to back this up but based on you know previous Cycle Performance and I think you maybe share this view maybe I’m slightly earlier than you but I am seeing I’m seeing a lot of in Q3 Q4 obviously the eth etf’s probably going to come like by the time they watching this video maybe you’ll have more clarity on that but it looks like it’s coming earlier than expected which is great for the market you have other catalysts like the election especially if Trump wins love him hate him I think the market reacts a lot better to that than than than a Biden win um and then you also have some other Catalyst in the market like the FTX uh creditors actually receive their money and a lot of these people are going to reinvest that money back into the market that was sold during this period here in 202 3 at the lows which they’re pissed off about they’re going to get their cash now and a lot of them are crypto dend that maybe they won’t invest all of it because they’re burnt and scarred but a lot of them will reinvest some and that’s billions of dollars we’re talking about so that is a narrative because narratives are more powerful than the actual affecting crypto we know that sure if that’s what they’re gonna do it’s speculation that that’s that they’re gonna sell but but that’s what’s gonna that’s what’s gonna be the hype we can definitely see it in YouTube titles that that would come about yes the money’s getting released billions coming into the market guys warnings how would you billion FTX pump begins now 10 days left fellow you out there that’ll get you the views I think later in the year I’m gonna I’m wait to see it on your channel maybe I’ll test it for myself I’m looking at Q3 Q4 but I also think that could extend into q1 from in bull market terms like the Peaks typically don’t happen until later in 2025 but I do view this cycle as slightly left leaning personally so my targets are a little bit B more conservative on the duration side looking more towards a q q1 2025 Peak just based on my daa but you can also make the argument for an extended cycle later into 2025 you’re more of an expert than me on the macro front though Jason so maybe you can you know lend your opinions on that on when you come on to my channel which will probably be the day after this I need your top five so that we can absolutely destroy them or fall in love with them I’m just going to look let’s go one from each sector that’s the easiest way to do this um so let’s let’s start with AI because we discussed it a lot I’m bringing up my chart and we’re just going to look at them alt versus BTC pair look at render people probably going to think I have a massive render back I really don’t I’m in a trade but it’s just so synonymous with AI that it’s so like if you want to track AI tracking render is the way to go uh render BTC looks very good I’ve talked about on the channel of fair beard it’s hit alltime highs and we’re just looking at the alt versus the BTC pair so it’s it’s gaining a lot of strength versus Bitcoin which means that it’s doing much better against Bitcoin in a Bitcoin season so yes render I think looks great what’s second chart the memes because I I think they they actually outperform let’s have a look at whiff because Pepe is very very strong wh doesn’t necessarily have as much data it’s the major 50% I wanted to put the the the entire frame here but it’s still putting in a high low from that April bottom so that’s the Saving Grace at the moment I think it was to break down from like 3,000 Satoshi probably going to see a little bit of problems could be we it’s it’s interesting it is looking weak so I view whiff as like a salana beta like when salana runs hard whiff is actually outperformed Pepe is more of like an eth beta that’s why it’s running right now so let’s see I I want to see that downtrend reversed uh Pepe is certainly the stronger one but I still like whiff from a DCA point of view and I think at some point in the cycle it out performs I don’t know how much you know about Twitter culture Jason I know you are on Twitter but anom is like the cultural leader this cycle for whatever reason and he is pushing with relentlessly so I can’t see that narrative going away with such fire power behind it give us your third one I really like ton it’s it’s highly Val I like ton and n as infrastructure players ton and N are are good but but they’re high cap so for me this is more of like a high conviction spot play I was very interested in ton because it was still showing strength against BTC it’s had a double top hit and now it’s under the 50% again and it’s still not above its previous old all-time high which is isn’t the the the worst thing in the world but it does look like it needs a fair bit of time to cool off now under 50% and hit that yeah it just might it might move at a different time to the rest of the market so you might see some of your portfolio going up and then you think why isn’t ton going up but it’s not weak at this stage it’s not weak like some of the other crap that’s that’s down here in my weak list like one I pick on all the time is xrp because you’re holding some area no I I don’t hold it I I actually actively on xrp and Ada so yeah I mean it’s just down down down then people get excited like oh you said xrp was going to dump and then all of a sudden it does like 1.8% one day and then it basically just keeps going down and down and down so yeah xrp is an easy one to crap on also look at Nia look at near because is interesting it’s an L1 play but it’s also an AI bet as well it came up because it’s an old crypto from 2021 it had a massive Peak there in January 2022 and April 2022 when the market was all dumping and now it’s seen a bottom and it’s it’s still showing strength higher lows continuing to try and I like this Bitcoin thing because if you actually can you give me some insight on this because I don’t chart versus Bitcoin a lot um I’m mostly USD charting Nia on the USD chart is starting to like now creep back up it’s not quite there but it’s maybe onethird of its alltime high so it still has room to run what what do you put more weight on the Bitcoin chart or the USD chart because when I look at the Bitcoin chart there’s a lot of room and that makes me bullish like I still have time to stack up and render but when I look at the USD chart it’s like ah it’s run a lot you know should I go for the lower cap um no no I like to see them getting closer I would rather them being traded around their highs because there is less resistance whereas now for near verse BTC there’s still more resistance you got the 50% resistance here you’ve got these tops so you’re going to be resistance there you potentially have the smaller resistance at this lower swing top and then you’ve got the alltime high resistance so Nia has a lot of work to do if this is the last leg of the bull market has a lot of work to do to get up to those prices whereas something like render it’s done all the work and now it just has to ride now it can just float up in the sky how do you how do you wait USD versus Bitcoin pairs though because like USD the way I use them is which one is is it going to be easier to pour gas on and the gas is going to go on to something like render just looking at probabilities obviously no guarantees but just looking at probabilities the gas is going to go on to render a lot EAS than it is TOA is going to requ a lot of gas compared to to render what do you think about this counter argument though a lot of these coins throughout the bear had heavy dilution if you look at the vesting schedules on things like Nia so obviously they’re going to look weak versus Bitcoin because they’ve been pouring fresh tokens into the market but you can make an argument and this is an exclusive to Nia it is for other coins as well that now a lot of that sell pressure is out and there is this narrative towards like fully diluted coins that there’s less suppressor pressure on them so they can like outperform and obviously going to look bad versus Bitcoin because they’ve been leaking in terms of Supply that’s a to the TA angle yeah well it’s still goes hand in hand with the TA so the counter argument is that’s what’s happening which is what has led to them being down for so long past bottoms of other altcoins you know other old coins like salana it made Bottoms in 2022 whereas Nia only just finally made its bottom in October 2023 when the rest of the market had already put in higher lows and was running so it’s lagging at this point doesn’t mean it couldn’t get going but it has a lot of work to do I’d say in this region here between the 50% and that previous high so if it can get out of that relatively quickly well then the gas is going to be pretty easy at this stage that that’s just looking at the chart and probabilities yeah so far it I think it looks all right like if you had to pick something from the previous cycle that was looking strong near is definitely one of those you look at Phantom because Phantom has the Sonic upgrade coming soon which is actually going to be one of the fastest according to the test net networks in crypto and I know they’ve got a Rebrand so the FTM token will be redeemable for S it’s gaining traction there’s been air drop te’s I’m interested FTM wow yeah it’s it’s just not going anywhere so it’s still below those highs it’s still below the 50% level and it just got rejected at a shorter term 50% level could it also excite someone because it’s it’s early early it depends on the cycle right if this cycle only has n months 12 months to go then it’s got to do all that work in a short period of time but if there’s more time and we go for two years then it could work its way through all of the overhead resistance and then you finally get that day where FTM is out in the open and it’s just ready to ready to ready to pump real real hard many many many alts will never ever ever hit their Bitcoin highs again and the reason for that is the amount of dilution now it’s been a popular topic on Twitter this week is crazy so many new launches coming because so much funding was injected in 2022 and 2021 towards the end of the ball and during the ball that it’s very hard for some of these older cycle coins because back then there weren’t as many tokens now I think there’s like triple the amount of tokens and by the end of this bull run that’s probably going to be 10x the amount of token so it makes it a lot there’s more dilution so you might see total three in the clear in ter because it’s trillions of dollars now because there’s more alts but these individual alts they aren’t moving Bitcoin because bitcoin’s gone up to 100K but these alts haven’t pumped proportionately because there’s just more alt coins in the market yeah that’s a valid argument it’s just a matter of what gains you’re looking for so if we look at Phantom again there is still the possibility to go up to this top um this high again there’s 30% then the next resistance level there’s 95% the next level 150 200 and then the all-time high 400 so there’s still all that possibility it all comes down to time as well how much time is left in this cycle if it’s only made it back to here and it’s the end of the cycle you have Buckley’s chance of it getting to that previous top that’s a pretty big issue and when it comes to that that alltime high as well that yeah sure a lot of these old coins probably aren’t going to reach their old their their alltime High against their Bitcoin value because of the dilution and because of the gain on BTC therefore why don’t you go with something that is showing strength against BTC two two more coins I want you to show and then then we’ll wrap this up cuz we could talk forever Ono and Link if I don’t know anything about this you can see how garbage it is right now wow I know there’s a lot of talk about link I’ve seen people talk about it quite often at length on X fundamentally it’s very strong so it’s interesting the technicals are saying something different because it is strong fundamentally I must say I mean it’s not doing anything you know it doesn’t mean it can’t it might just be a little bit more time until it’s it’s ready to go but it’s funny because pricewise it’s up a 3X from the bottom so this is the USD versus Bitcoin you know argument yeah but from the bottom bitcoin’s five X up or 4ex bitcoin’s done better and that chart shows that Bitcoin is a better investment than link to date yeah I mean basically your goal as an investor your goal’s invest is to outperform bitcoin because if if if you’re if you’re not outperforming Bitcoin that’s very very very bad RR um because you could have just been sitting in Bitcoin and chilling because ults come with a lot of stress and risk but if you’re taking on all that risk for the same upside or actually in sometimes less upside um that’s a suboptimal investment decision so yeah I do agree with you there um totally and this little arrow I’ve got here ideally above here at this stage all I was saying there is I’d want to see it at least above those previous tops and it’s also a 50% level so above uh like 40 I’m calling that 44,000 Satoshi CU 0.004 you know there’s eight decimal places anyway above that level would allow it to breathe free when the cycle comes around when there’s more energy in the market and it’s going to be able to pump higher faster harder that sort of thing but for now it’s basically trading at the lows while the strong stuff that you’ve shown me is trading around its highs like um even near is doing better than this so it’s not doing too well it’s hasn’t made it back to my list if you if you did chart Ono that it would be very bullish but the problem is it was released much data not that long ago but you can see but there’s just not enough data right so it’s definitely disproportionate this is one that’s been strong and probably would have been strong if it had launched P was another one that’s an oracle right in the Sal ecosystem yeah yeah so py continued down it was something that I had but I I dumped it because well it broke down from its previous accumulation around these levels here at, to 11 or sorry 12200 Satoshi and just continued down I think it had a token release so it’s not to say that the Project’s bad gonna gonna tell you something because I got flamed for this a couple weeks ago it’s pith I got flamed for saying I I was I was just like you I said p and it’s p it’s p it’s piss so I don’t know if I don’t know who’s right or who’s wrong but I it’s py for us it’s py they can call whatever hell want Aussies it’s py yeah it’s pyth exactly um it’s the same thing when I had the ever Grand Day python you know yeah that’s it’s ever they call ever Grand ever Grande you order a grande it’s ever Grande I I’ll throw in one more for you that’s from the old school that’s kind of hanging around it’s like a bad smell is Rune it’s still doing okay but it’s not back above those tops but more on that in another video we’ve covered a lot I think R will do well because it’s reflective in a bull run coins like run typically outperform because the aprs get Juiced and this is also in line with the amount of swapping that’s happening through through the platform and as the aprs get Juiced there’s more incentive to stake and then the TBL increases so but but it’s like quite a highly leverage bet on the market because in a bare Market it also ravels and unravels and that’s why as you just saw the price perform so badly in the so but in in Peak conditions it’s a good one to like the three months of euphoria when you can get that four or 5x gotcha similar to the stacks token I don’t know exactly what it does but it seems to do very well when bitcoin’s going up and does very bad another one Isa I want to show youa just one last coin that’s very similar to run this basically benefits from high funding rates it’s it has a bit of a contentious mechanism because of the reflexivity people have compared it to Luna I think those comparisons are false there are some concerns valid concerns but there’s big players behind it and it could in Peak ball this also could rip but it’s one of these reflexive plays again so it’s like for people that want to use leverage but don’t want to actually use leverage and pay funding these Athena Rune meme coin type players are like quite nice leverage bets on the market just being able to buy Spot basically that’s thing I hate about most of these to hold them long I wouldn’t hold any of this stuff long term I hope no one wants to right you see the look at the market cap it’s one1 of the total of the FDB a lot of these things it’s the same tokenomics 1110th one10 1110th and eventually in 12 months they all just get you know dumped on the market look at the tokenomics because often there’s a onee cliff and if you think there’s a bull run in the next 12 months and there’s no unlocks they can actually run ridiculously high because they’re so they’re so low float conversely as soon as those unlocks start to happen like dydx the token gets smacked so you’ve also got to time it with where you think the Market’s going and where the unlocks are and the only way to do that’s by looking at Crypt rank. it’s a great website for this token unlocks or looking at their white paper individually that would be a tip before you invest in any of these newer coins I’ve looked at quite a few on that crypto ranking website you’ve talked about and they they they are coming up sort of end of 24 early 25 yeah so I’m not saying that’s the end of the cycle but a lot of our own analysis sort of lines up with that timing and if that is token unlocks well it’s probably gonna crap all over the market that’s what happened that is exactly what happened in 2022 that’s the the unlocks had started it in the back half of 2022 and that’s why the bleed was so aggressive and then FTX happened obviously well the Ico Mania happened again that was the same sort of thing in 2017 2018 you everyone started getting all these coins and it was just absolute Gage only have you’re telling me and this is something we might discuss on my channel we we’re you tell me we only have six to seven months this makes me even more panicked I’m already panicked all right we’re going to talk on your channel I had one last thing I want to ask you gaming the hype The Narrative everyone talks it on X everyone’s saying it’s going to be the big thing or at least the the bigger X accounts Twitter that is for us old old people I’m not seeing it in the charts yeah it’s so so I’ll tell you my strategy with gaming I’ll be frank with you gaming is one of my major focuses right now what the gaming Market is waiting for is that aha moment that gaming and web 3 can actually work to this date we have not seen it we’ve seen ponzi’s like axi and Peg axi and you know these gamified things like Steen which have no longevity what I want to see is a closed economy actually work in with web 3 in respect to the to the economics behind it and I think there are a few very good examples coming so we’re waiting for that moment when that moment comes gaming can perform well and it’s one of these things that it it may only pump once a cycle but when it pumps it’ll rip so the bet I’m taking is accumulating slowly and hopefully over the next few months hopefully at some point we do see that gaming run and then it’s it’s just G from there if it doesn’t happen all your gaming stuff turns to crap which is why it’s not showing up in the chart which is essentially why the charts are all down and nothing is is well not nothing but the majority of it’s not necessarily moving for gaming so if you want to take that risk that it is going to pump and pump real hard maybe then that’s what you do if you want to follow the chart and wait for confirmation then personally it’s not something that I’m really excited about because I don’t see it in the charts thanks very much mate let’s do a video over on your Channel Next we’re go into some more the macro stuff and then dive into the uh some of the fears of what happens at the end of a cycle whether that’s crypto real estate the stock markets what to do with the assets that you’ve accumulated that was a word I was looking for so if you enjoyed this chat that I’ve had with Miles Smash Up the likes 3,000 likes I’m throwing a number out there let’s do it I’ll see you guys over on the mil Channel and at the next video here thanks again mate all your links are in the the video description see you later guys

🔴 Subscribe to the Free Weekly TIA Report (SUBSCRIBE FOR SALE!) → https://tiacrypto.com/subscribe/
📈 Free 7-Day Trial, TIA Gann Swing Indicator → https://indicators.tiacrypto.com/
🏆 TIA Premium Membership → https://tiacrypto.com/
🇦🇺 Swyftx, Buy Crypto in Aus & NZ, $20 Free BTC https://bit.ly/SwyftxPizzino
💵 ByBit, Trade Crypto Internationally, Free $30,000 https://partner.bybit.com/b/tiacrypto
💵 Get Bitget, Free $30,000 https://partner.bitget.com/bg/BITGETTIACRYPTO

Subscribe to Miles 👇 @milesdeutscher1357
YouTube https://www.youtube.com/@milesdeutscher1357
Twitter/X https://x.com/milesdeutscher

Jason’s links 👇
→ YouTube https://bit.ly/JasonPizzinoYouTube
→ Instagram https://www.instagram.com/jason.pizzino/
→ Twitter https://twitter.com/jasonpizzino
→ More Crypto Trading on Michael’s YouTube @MichaelPizzino

Like and Share if you want to inform your friends and family.

Timestamps
00:00 Altcoin narratives with Miles
16:40 Altcoin trading and invalidations
20:00 Altcoin memecoin alpha
21:30 Altcoin macro cycle and altseason
24:30 Altcoin challenge, ALTBTC pair analysis
38:30 Altcoin end of cycle thesis
39:20 Altcoin gaming, all talk no pump?

➢ Disclaimer: This video is for entertainment purposes only. It is not financial advice and is not an endorsement of any provider, product or service. All trading involves risk. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. Swyftx, ByBit, BingX and Bitget are channel sponsors. All decisions you make are your own. #crypto #bitcoin #cryptonews