DON’T Be FOOLED By This Altcoin RECOVERY! [PROOF]
[Music] okay so we’re seeing a slightly better day in the bubbles also we’re seeing a slightly better day on bitcoin we’re just above the 65,000 but the reality is that if you’re here and you’re expecting a full-blown old season out of this recovery you need to think again because that old season ain’t coming and I’m going to show you the date to why the old season ain’t coming but I’m also going to show you exactly when the old season will be here so I’m not only going to tell you why it’s not here right now I’m going to show you exactly when old season will arrive so that’s the first thing we’re going to talk about today the next thing I want to talk to you about today is this because in this recovery over here what you can see is that the mem coins aren’t really recovering very much and if you look at the dominance in terms of where the mem coin mind share is you can see it slightly uh dropping but I don’t want to talk about mem coins today I want to talk about the effect that that is having on salana and if you look at salana salana has been one of the weakest meme coins out one of the weakest tokens out there and I’ve got I’m I’m genuinely very very very worried about salana and I want to show you why I’m worried about salana because I think salana got caught up in a whole lot of memes so if you’re holding salana you probably also want to be watching the show so we’re going to talk about old season we’re going to talk about why it’s not J now and we’re going to talk about when it is coming and then I’m going to talk to you about a serious talk a serious chat about salana so lots to do today let’s get going guys I know I know a lot of you have tuned in tuned in today just so that you could see my tattoos again and my sixpack I know that’s why you guys are are tuning in today but sorry to disappoint that was definitely a once in a lifetime which is never ever ever happening again especially that after the the amount of of people that sent that clip to my wife um I’ve basically been warned that if I ever do that again I’m probably going to not have a wife anymore so it’s not happening anymore uh I hope you enjoyed it yesterday we’re going to talk a little bit about that we’re going to talk about gumy and the burning of the supply and what that actually means we’re going to talk about baked we’re going to talk about the old season we’re going to talk about so many other things today we’ve got a lot to talk about today um just before we do I just want to remind you guys that a thank you for the 8 883 th000 subscribers that have subscribe to channel remember when you subscribe to channel if you are subscribed to Banter and you are subscribed to Banter plus and you have an exchange account you can win the banter bags and today we have another protocol in the banter bags that means we’ve got 1 2 3 4 5 6 7 8 9 10 11 12 13 14 protocols 14 a grade protocols in the banter bags if you want to win the banter bags you have to be a subscriber of banter and banter plus so it’s not only banter today we have a new token or a new protocol that has given us $1,000 worth of their pre-o tokens in the banter bags who are they they are orderly Network now what is orderly I I’ve known orderly and I’ve been invested in orderly for a long long long time they are effectively a unified permission permissionless liquidity layer for trading liquidity on the whole of web 3 so they describe themselves as a sex level performance that the end for the hunt on liquidity completely decentralized and they talk about Omni chain trading the ability to trade liquidity across multiple chain so this is one of those very very very serious protocols they’re having their their uh token launch sometime in July and they’ve given us $1,000 worth of pre Ido tokens so you’re getting them at the pre Ido price and those are in the banter bag so remember if you want the bter bags you have to be subscribed to Banter and banter plus don’t be like um what is her name coffee now coffee please where she didn’t subscribe to Banter plus C coffee please and she didn’t subscribe to Banter plus I think we we did we agree to still give her the banter bags I don’t remember but don’t be like that person make sure you subscribe to Banter make sure you subscribe to Banter plus also make sure you like this video so we can get the message out there um you remember how it works the more you like the video the more excited I get the more excited I get the more energy I get the more energy I get the more Alpha I give you guys so that’s that’s exactly what it’s like all right let’s get into the meat and potatoes of today’s show um we are having a bit of a recovery as I said it’s not a serious recovery even though earlier today as you can see there was a little bit of a wick up which took us to about 66,500 we also had the bubbles which were very very very green this morning in fact all the bubbles were green this morning um but then if you look at the last hour uh a total disaster on the bubbles and that’s exactly what I wanted to talk to you about today because even though we were getting a bit of a recovery on bitcoin we’re still very very very much in the middle of this range and I think people are starting to get flashed out by this time based capitulation we we spoke about the time based capitulation for a long time but people are starting to get flashed out and as Victor says here in this tweet he says um please don’t tell me we’re in we’re in this ship I think he meant please don’t tell me we’re in the for another 100 uh for another 100 days cuz we’ve gone for about 123 days and the last time that we had this sideways chop it was 223 days now I mentioned to you that this is how the market likes to shake people out that that’s what this time based capitulation is and what this timebase capitulation does is it gets people disinterested and when they’re disinterested as Kyle says he says when people are disinterested they keep saying that the bull market is over and that is when the best buying opportunities are here remember as frustrating as it is you want to be buying when no one’s interested and you want to be selling when everyone’s interested and everyone coming and I know it’s difficult and I know that in times like today the last thing that you want to do is actually press the buy button especially when the thumbnail says all season is canceled and you’re pressing the buy button for alts but the reality is that the good Traders are pressing the buy button now when it’s uncomfortable to press the buy button and they’re pressing the sell button when other people are pressing the buy button when everyone’s getting excited about the market moves the sooner you get that into your head the better and the way that I got that into my head was I once created two accounts the first account was I traded what I felt and the other account is I traded the opposite of what I felt and the account that traded what I felt got liquidated and the account that traded the opposite of what I what I felt made me amazing amazing cash so what you need to do is you need to buy when it’s uncomfortable and right now it’s feeling very very very uncomfortable in fact it’s feeling so uncomfortable right now that no one actually wants to be buying tokens anymore in fact from a leverage point of view where you see blue where you see blue we’ve had such a flush out of the leverage that right now you are actually paid to go long on certain tokens where you see the shades of blue that means that you’re actually paid instead of of of of paying interest when you go long on a token here you are actually being paid to go long that’s how much the market has actually reset that that’s how much people have left the market and so as Mando says he says funding is the lowest in three months so many people being shaken out I really think we are about to rip and when you looked at the bubles this morning it did for a second look like we were about to rip it did look like we were about to but the truth is you cannot be fooled because you got to look at the fundamentals and that’s what I want to talk to you about I want to talk to you about the fundamentals because a lot of people we’re walking around this morning uh somebody sent me a message I actually want to read you the message I want to read it to you um it says Bitcoin and altcoins about to explode in the next 4 weeks I’m putting in a lot of lungs now I’m not going to embarrass you because you know who you are you know cuz you texted me today um but I’m going to show you that maybe maybe maybe we should be buying now but not because we think the market is going to rip but because we think that for now the Market’s not going to rip and people are going to lose interest and that is when you want to be buying so that you are well positioned for when the market rips it’s a change in Paradigm and I know it sounds very theoretical and when you’re all going there look I’m not pressing the buy button today but I’m telling you that that is what makes a difference between a good investor and a bad investor and as I said you need to look at the fundamentals of why I say that in the long term in in the in the in the short term we ain’t going to get an old season okay it’s not the news that I want to bring you know that I always want to bring you uh uh positive bullish noise but the reality is when I look at the data data says old season incoming anytime soon and I’ll show you in a second why old season a ain’t coming anytime soon let’s quickly Define what we need for us to get an old season if we want to get an old season we need more money coming into the market then there are new tokens in the market just think about like the way that an old season goes up is if there is so much money in the market that every single token in the market gets bought up and that there is more demand than there is Supply and that is what is going to push the prices up now if you think about it on a market where there’s no new tokens launching if you just get new money in that starts pushing up the price of altcoins problem is that in this market we keep launching new projects and we’re launching projects every single day and these are not normal projects these are like very very very high fdv projects I mean just look at the the token launches in the last let’s just see if we can get this look at the token launches um since April now this not this is not all the token launches this is just some of the token launches since April they’ve got a $35 billion uh fully diluted valuation now as I said you if we want there to be an old season we need there to be more money flowing in then there are tokens coming onto the market and FTV coming onto the market okay so now let’s look at the money flowing inside of the equation well I showed you some of the supply of tokens I haven’t I haven’t shown you how big this this me this mess actually is but I am going to show you the other side of it because as I said if you want the old season you need money coming into the market so let’s look at the money coming into the market and then based on the data of the money coming into the market let’s make a decision as to whether or not we’re close to Old season so money coming into the market let’s quickly get the actual data when it comes to money coming into the market what is the money coming into the market really right now the market the money coming into the market comes from two sources the first source of money on the market is inflows that are coming into stable coins and if you look at this chart which shows the market cap change for the um for stable coins as Kyle say says the market is starved of new money and that screams risk aversion tether’s market cap the mirror of sentiment reveals digital asset demand Rising cap signals interest falling ones show institutional Retreat for Bitcoin and digital assets to Surge we need a fresh wave of stable coins but the rate at which the market cap of stable coins is changing which is this pink line over here is dropping very very fast and in fact if we look at the data over here and we look at the last I don’t know let’s look since April so it’s April May June so that’s three months if we look at the last three months what’s the day today today is the 20th so let’s just be a bit more scientific 3 months ago the total stable coin market cap in the market was $156 billion today the total stable coin market cap is $162 billion which means that in total a total amount of $6 billion has flown into the market via stable coins the other source for money in the market is ETF inflow so you’ll agree with me that the only way for money to come into the Market is either to come in through ETF inflows or to come in through stable coins so the stable coins have had a $6 billion net increase in the last 3 months okay so let’s go to the other side of where the money is coming in from and the other side of where the money is coming in from is the ETF inflows we look at the ETF inflows every single day so we made a spreadsheet and we looked at the ETF inflows in the last 60 days in the last 60 days there’ve been $2.5 billion of net inflows so the total amount of net inflows into this Market in the last 60 days let’s just call it 60 days let’s so let’s instead of going to 90 days let’s go to 60 days so in terms of um so April to may may to June so here we go okay so 60 days is perfect so 6 billion in stable Coins Plus 2.5 billion in Bitcoin uh ETF inflows now we’re going to make an assumption which is a wrong assumption by the way we’re going to make an assumption that if every single scent that came into Bitcoin ETF inflows stayed in the market and actually went to altcoins it’s just like a hypothetical assumption but that assumption is is is highly highly highly exaggerated we’re talking about a total of here as we said um 5 billion or 6 billion and here 2.5 billion so in total we got about $7.5 billion of total net inflows into the market $7.5 billion in the last 60 days but at the same time we have launched so many projects now when I I I tweeted about this the other day I said there are just too many projects with too many tokens with too much too high fdv and there’s just absolutely no new investors in fact if we look at the amount of tokens that we have actually launched just in I mean this is not all of them this is like the last 10 that I’ve launched that’s $34 billion in fdv created with inflows of only $7.5 billion into the market so right now there are just too many projects with too many tokens no new investors coming into the market and the projects that are launching are very very very very high fdv projects in fact if you look at a coin gecko report they are saying that in 2024 2.5 million tokens have actually launched into this Market 2.5 million tokens and that doesn’t take into account the fdv of these tokens and the fdv of the tokens that we’ve launched in 24 is much higher than any other period in crypto history why because unlike other markets where projects used to launch at lower uh U launch before the VCS actually bid them up in this market what you’re getting is you’re getting the VCS buying the projects off Market to very very very high valuations and then when they launch the market they launch they trying to launch them to the market at higher valuations but unfortunately the Market’s not buying this so as I said right now too many projects too many tokens too much fdv no new investors 2.5 million new tokens this year and that includes the meme coins which have effectively sucked the life out of the market I did speak to you guys about this other day and I said that I estimate that mem coins have sucked a100 billion do out of the market and put them into meme coins which effectively evaporated so it wasn’t like they all went into mem coins and memec coins are very high a very good project they went into me coins and mem coins most of them just evaporate into thin air and I I estimate that we probably wiped off $50 billion in the market cap in the latest um mcoin correction so everybody’s talking about it the fact that there’s too many layer ones there’s too many layer twos there’s too many games there’s too many real world assets there’s too many meme coins too many tokens too many high fdv tokens who is going to buy all of these things if the total inflow into the market has only been $7 billion but basically what we’ve created is we’ve created a scenario where it’s impossible for this Market to go up why is it impossible for the market to go up because there’s no money coming in and there’s more tokens launching every single day and they’re very high fdv tokens and today is no different in fact if you look at today we’ve got another one of these launches we’ve got layer zero layer zero is an absolutely absolutely brilliant protocol the problem is that if you want to buy layer zero today because no new money is coming in what do you have to do you have to like I said this morning I love layer zero I want to buy more layer zero and and I I Shar the sentiment of a friend of mine who says I’m in the process of buying a huge bag of layer zero been so much fight around the air drop that it’s been overcooked so that’s I mean it’s great he’s right right now lezer is probably very very very undervalued right and you should probably at a valuation of $3.8 billion wow that’s an absolute steal like really really really $3.8 billion is an absolute steal for layer zero you should all be buying layer zero the only problem is since there’s no new money coming into crypto if you want to buy layer zero where you going to get money from logically what you’re going to do sorry what you’re going to do is you’re going to go and sell some of your salana bags or some of your eth bags or maybe some of your Bitcoin bags and when that happens all you’re doing is pushing the prices of your favorite tokens down so that you can buy some of the new tokens that are new and shiny and amazing and and uh um uh and offer amazing returns and that’s why the prices are going to continue to come down because we keep launching more tokens they are good tokens and good protocols they are really they are undervalued relative to what we think their long-term valuations are going to be but the problem is that if you want to buy them you have to sell other tokens and so there is a new dynamic in the market now because the market is actually starting to resolve itself and I’ll talk to you about that in a couple of seconds but Miles said he said the private public crypto Market Arbitrage seems to be coming to an end layer zero is sitting at now a $3.5 billion valuation the last raise was about a year ago at $3 billion which means that VC’s paid $3 billion for this protocol and you can buy the same protocol right now on Evo at 3.85 billion the only difference is when you’re buying your tokens you have zero lockup the VCS are probably locked up for four years I know that because we’re in that VC round and I think we’re locked up for 2 or 3 years you guys can go and buy it at the same valuation that we bought it for a year ago and you can pay $800 million more on the Fly diluted valuation now what sounds like a better deal and so what you can see from this is that right now the market is starting to heal and we’ll talk about that right now but as I said I do think that right now if you look at a protocol like layer zero right now you’re buying a protocol because there’s no interest in this market because there’s no new money coming in you’re buying a protocol that will probably trade at a seven 8 n10 billion fully diluted valuation when the market does recover and you’re buying it at $3.8 billion I think it’s a unbelievable unbelievable uh protocol to be buying and if you want to be buying it you can buy it at any of our exchange Partners you can buy it on bit you can buy it on blof fin you can buy it on Evo I do want to talk to you for one second about buying it on Evo so there are links here if you want to trade it on any of the exchanges um by the way if you do trade it on blof fin you will get a baked air drop so there is your the link you have to sign up with that link you have to be buying tokens on blof and you will get the baked air drop I’ll talk to you about that in a second um I do also think that it’s a good idea to be trading these things on Evo and the reason why I say it’s good to be trading these accounts on Evo and there’s an there’s a link in the description to open an account on Evo number one you get one of the last gami air drops but the other thing is Evo trades these perpetuals before the token is launched that’s the beauty of Evo so you can see that even though the project only launched a couple of hours ago Evo has been trading this for a much much much longer period of time and you actually could have traded on the sentiment of the market before we actually went onto the market and all the other exchanges if you want to sign up to Eva use this link over here uh you’ll stand a chance to win the banter bags and you will get a gummy air drop as well so go and sign up and go and trade on Evo all right so now we know what’s wrong with market now we know what’s wrong in the market but it’s not all doom and gloom and it really isn’t all doom and gloom we know that there’s too many tokens that are launching too quickly I’ve showed you exactly the flow of money which is equal to the stable coin inflows which was this number of here which was the we said it was about it’s actually it’s yeah it’s five6 billion plus the ETF inflows which equal $25 billion so we now we know exactly what the source of money coming into the market is now let’s also look at we looked at we looked at what’s draining the money out the market now let’s look at why this is not such a gloomy picture why this is not such a gloomy picture so number one you got to remember that markets oscillate between overbought and oversold markets oscillate between Euphoria and and fear that’s how markets oscillate now no doubt that we were in a period of euphoria and people were buying anything and projects were launching anything and anyone was going at to pump. fund and launch ing as much as many tokens as they can as quickly as possible because they knew that the DJ and apes would actually AP ape into their bags the good news is that it seems like that hype is actually coming to an end and I said to you yesterday I said for me memes drained about hundred billion doar out of this ecosystem and now that hype is actually coming to an end the mem coin dominance in the Major altcoin Market is actually starting to come down it means that people aren’t just Keen to just throw money into uh these vaporware mcoin projects and they’re kind of going look maybe we were a little bit too euphoric maybe we were getting a little bit carried away and now we we are we got we got a bit of a shock and we’ve got to get back to buying um Quality and if you want to talk about buying quality what you can see is that in this recovery of the market if you look at the recovery of the market here what you can see is that mem coins haven’t recovered as well as layer ones or metaverse and gamef fire or some of the other narratives the AI narratives it’s a healthy healthy healthy sign because what you want is you want the quality to recover first you want the fundamentals in the market to recover first you want the hype and the Euphoria to disappear to die down and you want the market to get back to a good Market cycle of quality you want to go from oversold and Euphoria to oversold and paranoia and that’s why I said to you yesterday I think a good place to put your money now is in E is in the the traditional D5 players on eth and as you can see those are the ones that have actually recovered the best you can also see that eth BTC has started to recover so it looks like this Market recovery has taken away some of the excessiveness some of the some of the revolting rotten greedy behavior that was going on here this Market recovery has actually taken that away and the stuff that actually is recovering okay today there was a big AI recovery and that is specifically because binance announced that in the merger between uh fetch ax and ocean protocol I think it is here it is ocean protocol binance will effectively support the token merge and so because binance support supported the token merge people don’t have to sell their tokens and so what’s happened here is you can see that the uh the prices of all of those have gone up so what you can see that the meme coins aren’t recovering as quickly as the fundamental projects and what van Spencer say says you’ve now arrived to destination crypto natives have now speedrun the whole speedrun speedrun yes speedrun the full spectrum of coins and the CH numbers of mcoins are astronomical expect a return to tradition a rotation into e a rotation into fundamentally driv driven altcoins a rotation into fdv equals market cap coins basically what these flashes are designed to do is they are designed to flash out excessive bad behavior and what this flush has is managing to do so far is flush out the bad behavior and get people back into quality get people back into the low Market the the market cap equals fdv projects those are the projects that people are actually getting into and so the good news is that we’re on the men the good news is that right now it feels like there’s no interest for these coins and that is your opportunity to buy because very soon retail actually will come back because retail always come back and because we know we’re in a bull market and when they do it’ll be the next part of the bull market when we get into the aggressive part of the bull market if we follow the fractal and I believe we will follow the fractal and that is when retail and interest will come here and they will buy our bags because we had the conviction to buy over here where nobody was interested you see here the interest is actually been decreasing this is a great time to buy if you believe that we’re going into bull market and I no doubt that we are in the bull market I’ve given you all those before that’s a different show for another day but you have to you have to start trading against what your emotions say and I know that your emotions are telling you right now you’re too scared to buy there’s no reason to buy the market ain’t going to run this is the time where you need to be buying this is the time where you need to be preparing your bags for the uh uh for the imminent altcoin run don’t wait for the pump to say oh and I know you felt a little bit of that this morning you like you saw the pump you’re like why didn’t I buy buy yesterday don’t wait for that pump don’t wait for that pump and go oh my God I missed the whole old season because I was too scared to buy buy now on the way down when people are running away when people aren’t interested that’s when you want to be buying and I know it feels uncomfortable believe me every time I press the buy button I don’t even do it anymore I just phone my Traders I’m like listen I’m not looking just you guys press the the buy button okay so that is the altcoin market and I guess that another Market that feels that it is um uh very very very scary right now and very um not worth buying right now and I know I know what you guys are thinking like you told us to buy salana and now you’re saying to us and now the problem is that we’ve got this this feeling that salana is not doing very well there’s a lot of fud against salana and specifically what’s causing that fud is actually this chart over here so we know that the majority of the salana trading happened in memec coins we know that all the the Dex volume the Jupiter Dex volume and everything else happened because of meme coins but now no one’s interested in meme coins and there’s a lot of F out there that says well if no one’s interested in mem coins well then send that salana the soul e chart to zero if salana is is if salana is a chain for mem coins and mem coins aren’t the order of the day or the flavor of the day today well then you might as well just sell your salana thing someone said this someone I read this tweet here and this for me was like okay this is Peak fight you got to you got to be looking at salana he says you learn that reflexivity on SL Cuts both ways fast up and fast down the only culture you bought into with these culture coins is the max value extraction now with even worse distribution than the exposed values of the fair distribution to CTO VC’s who purchased eight figure ticket sizes from the state want you to believe that slana is going to zero they’re the ones selling the dreams the reason that allowed you to have multiple uh X meme coins um will be the same reason you give it all back trust me I’ve been through the cycle four times and I’ve learned the hard way unless you’re smart enough to switch to eth right now as a horde of the retail rushers um rushes in just like my fine horses have so he’s basically saying look you bought s you were fooled by the meme coin hype you were fooled by the VCS you wanted to pump their bags and right now if you’re smart what you’ll do is you’ll ape into the eth bags and you know maybe he’s right I mean you’ll remember that somewhere over here somewhere over here before we knew about the eth ETF I made a show and I said look I’m tired of eth and I’m selling my eth and I didn’t land up selling because I had to unlock them off you may remember that and ever since then the price of salana has actually come down relative to the price of eth as the eth ETF was approved and the mcoin cycle started to die down and and um and salana started to go down so now the question is should we be worried is this the end of salana is this um is this has salana peaked in the cycle should we be taking all our money and putting our money into e that’s really the questions that people are asking out there now I want to I want to actually get into that so the first thing is is when people fud our bags the first thing that I go and do is I go and look at the data so yes there’s a lot of fud and yes people are telling me that mem coins are dying and the share of voice the share of Mind in mem coins is dying and yes people are saying that you should be going into eth because right now everybody’s talking about eth but that’s not what the data saying in in fact someone says Sal weekly non-vote transactions are the highest they’ve been all year so even though the mcoin cycle is actually dying down the total transactions on this Lana networks are the highest that they have been all year last week in terms of daily transactions just have a look at how the chart is actually increasing in terms of daily active addresses just look at how the chart is actually increasing despite the fact that mem coins are actually going down in terms of Dex trading volume just look at the at at at the Dex trading volume salana again is the winner in terms of Dex trading volume and this is a period where the meme coins are going down so people are saying as well he says both signs of fro and weakness have been showing up across the entire salana ecosystem salana dipping below key support levels 130 and 127 The Flash celebrities like uh little pump and Iggy promoting coins highly anticipated air drops such as tenzo Camino drift parcel failing to cross a $100 million market cap declining revenue on pump. fund however there is a lot of good things a lot of good things happening for Lana the first thing that’s the good things that’s happening L the the data is showing us that that despite the decline in meme coins The Tokens The the volume is still very high the second thing is okay we know that there was huge Phantom adoption because of the mcoin hype we know that fire Dan is launching we know that visa and MasterCard are actually playing are playing on salana we know all of that but again we look at data and if you look at the data you can see that all the metrics on salana are actually growing just look at the 7day change in in in the um in in the tvls of the D5 protocols look at the numbers on drift protocol just look at the the total trade fees on drift protocol just look at how much volume is actually happening on drift protocol in terms of onchain volume salana still leads the onchain volume in terms of shipping projects you’ve got pith you got Helio you got fuse you got a whole lot of amazing amazing amazing project being shipped on salana also one thing that people have forgotten about because it hasn’t been the flavor of the month because meme coins were the flavor of the month is people forgot about deepen and if I just take you back like 30 days 60 days everybody was talking about deepen these deepen applications are getting huge huge huge traction on the solada ecosystem helium we know about the the the packages the the mobile packages they’ve got Hive mapper and their decentralized mapping render teleport now teleport for those of you who don’t know is a decentralized Uber now they recently launched um and what you can see they recently launched in Texas driver takeup has been impressive over 200 200 drivers signing up what they’re launching is they’re launching a decentralized uber where Uber doesn’t take a huge cut of the drivers’s uh uh uh packages it’s a they they decentralizing Uber and they are creating another deepen project on this Lana Network so yes maybe the mcoin market has slowed down I don’t think that the mcoin market is going to die forget about that it’s not dying it’s just going to change and morph and we’re going to get into something new this cycle but at the same time St does have a lot of other things going for it it is the biggest chain in terms of USD stable coin transactions because it’s so cheap it is the biggest chain when it comes to deepen it is the best chain in terms of trading um derivatives and that is why um uh drift is doing so well when it comes to derivatives and so yes there may be a Slowdown in salana when it comes to mcoins but in terms of what being built on slana in terms of all the deepen projects in terms of all the trading projects in terms of projects like tip link which is an amazing onboarding tool in fact if I remember correctly Jeremy said tip link has transformed how onboard people into salana because you can just tip people that don’t have a wallet using the salana network and so yes the memec coin cycle may be dead but mem coins weren’t the only thing powering salana and that is what the data is actually showing us and so you will get a lot of of fud around people on salana around people holding salana and you will get a lot of people telling you to move into eth but you know what you need to do when that happens you need to go against the grain and you need to be looking at the buying now just for shits and giggles what I’m going to do is I’m going to put a big circle over here and I’m going to say this is when we said that people were feding our bags this was fud let’s just write fud it’s very hard to type on the screen but let’s just ride F we’ll keep this chart and let’s see how well we did by buying into when others are actually fearful okay so we’ll keep this here I won’t delete this chart um and next time we’ll look at that uh when others we’ll look at how successful that strategy actually was all right cool how many of you actually tuned in to see me take my shirt off again how many of you how many of you want that again be honest be honest is that why you came is is that why you came that’s you that’s why you came all the way from Romania right because you wanted to see me take my off take people I’ve got fans coming from Romania to see me take my off you could have just gone to Andrew Tate’s house if you were in Romania you could have just gone directly to Andrew Tate’s house I’ve got Julia here she’s from Romania and uh she lives down the road from Andrew Tate no no not even close you you don’t the Romanians don’t like him apparently okay I didn’t say that you said that um so I want to talk a little bit about yesterday on in a in a slightly more serious tone so yes yesterday was fun uh thank you to all of you for sending sending these images to my wife um thank you she already doesn’t really respect what I do at work and now she’s definitely not going to respect what I do at work um okay so I mean thank you for doing that but let’s talk about the more serious out of it what did we actually do yesterday so I want to quickly talk about the gumy project launch and I want to talk about the gummy chart and I want to talk about gumy as a as a project so remember we launched gami um to show you guys the power of a m coin and how to launch a mcoin and unlike any other mcoin everybody that got gummy tokens actually got their gummy tokens for free through an airdrop so no one in the banter Community had to pay for their gami airdrop all they did was get them free out of a series of different airdrops that we created just so that we could have a way to distribute the tokens to the community the problem is that unlike any other token with with another token if you buy a token at a certain price you are reluctant to sell it under the price that you bought it at and you hold it on you hold on to it so that you will get a profit right the problem with gumy is that what we were doing is we just kept airdropping and airdropping and airdropping and airdropping free tokens and the result is that unfortunately that put a lot of downward pressure on the charts because people were saying look I receive free tokens the Market’s going down let me sell the free tokens and that’s why we made a decision that all the tokens that we had left over that we were going to air drop we ain’t going to air drop anymore or we’re not going to create any more air drops and in fact what we did yesterday for those of you who didn’t watch or for those of you who didn’t understand what happened we literally took 20 to 25% of the supply and we burnt it and at the time that was worth 12 million we burnt $12 million live on air and the truth is I mean even when I woke up this morning the first thing I did was I tweeted this I said like I just can’t believe that I burnt $12 million on air but what does that mean for gamy holders well for one that means that there are no more free tokens that are going to be dropped onto the market except for the obligations that we already have because obviously we’re going to honor all our obligations if you’ve been farming on Evo if you’ve been farming on banter bubbles if you’ve been farming if you holding Tuka if you went to Crypt band to school we have kept those tokens aside to air drop to you but we won’t be creating any more tokens any more air drops around the gumy token number one number two all the tokens that we had for marketing spend and everything else we ain’t going to use those anymore we’ve burnt them all we’ve effectively destroyed every token in the project except the tokens that you guys have out there and what that does is it makes gami a fully token a full community project with all tokens out there in circulation right now and it makes gami the most transparent um uh project on the Chain why because I don’t know any other project that literally disclosed every single one of the the tokens even the snipe tokens and you can see that actually we burnt all those tokens yesterday except for the blof and airdrop ones that we have an obligation the Evo air drop the dbridge air drop the tuer air drop the bubbles air drop some committed marketing activities that we’ve already committed to uh the market makers who need to keep the the token alive uh and liquidity um and we kept a 4% contingency in case we left people out in case I don’t know we just kept it and we will burn that if we don’t actually land up using it so now tokens are completely in the market there’s no more supply pressure that’s actually going to go that that that that’s actually going to go we don’t have any tokens as you can see every single token is accounted for here and we don’t have any more tokens that we can possibly air drop and so what this means is that now there should be no sell pressure on the gami chart and that you guys the community have full control of the token and it’s a full mcoin like dog with hat like Pepe the only difference is there are no insiders there are no uh Founders there are no nothing it’s all with you guys right now and so that is what we did with gami now as you know the one place that you can still stay gumy or or where you could have stayed gummy was you could have staked your gummy on mem staking tocom to actually get baked airdrop and we made an announcement that the baked airdrop was that the baked token was going to launch before the end of June and we told you further that the bake token was going to launch on the 30th of June and we intend to honor that that obligation we will launch the baked token on the 30th of June there are only two ways to get baked token airdrops at the moment number one if you open an account no number one if you stake your gummy if you stake your gummy on mcoin on ming.com 10% of the total baked Supply will be dropped to you guys that actually sted it the only other way right now to get baked tokens and with baked we ain’t going to do a lot of air drops because we learned our lesson with Gumm because it put too much downward pressure on the charts and we want baked to do better than gummy and we want them both to do well but we want we learned we learned on the back of gumy and we want baked to do very very well so only two ways right now to get baked and only 15% of the supply in total of baked is ever going to be aird dropped one Stak your your Stak gam on ming.com if you missed that open an account on bofin make a deposit here’s the link over here and you got to make a deposit and then you sorry you got to make a deposit and you’re going to make a trade any trade just because otherwise people because it’s a non kyc exchange because anyone can open an account on on blof it’s a it’s a non kyc exchange um and I’m saying that again so that our people that live in countries where they can’t open exchanges this is a non kyc exchange deposit money put in a trade between now and the time that we air drop the bake token which will be shortly after launch and you will get your baked token and you will get baked tokens that’s the only way right now to get baked tokens a total of 15% of the supply of baked is going to be air dropped and that is it the rest are always are going to go straight into the market so you now know what you need to do you need to go and open an account on on blof you need to deposit money and you need to trade that is what you need to do if you want to get baked baked Launches on the 30th of June gummy we burnt 20% of the supply we have zero tokens it’s now fully a community project we’re going to obviously support it as much as we can and help as much as we can but ultimately now it’s all about the power of the community all the activities that we said we’re going to do of course we’re going to continue doing them gamy games um all the other stuff that we’re going to do we’re going to continue to do but now it’s got to be a full uh Community project and as I said we learned a lot of lessons with gami we think we did we we’ve got an amazing amazing amazing token I think the best thing that we could have done is what we did yesterday by burning the supply and taking away the sell pressure and that should turn this chart as soon as the meme chart actually actually runs um and now uh the next one that we look forward to is actually launching baked with you guys and that’s happening on the 30th of June as soon as I get back from Los Angeles we’re going to come back here and we’re going to launch the token and we’re going to have a big show where we talk all about that uh people I see in the chat um people uh people say are there any plans to keep staking gum for other coins yes Lots meme staking is going to be used for multiple tokens we’ve got multiple tokens and multiple chains asking us someone says what about the tuer price I mean I don’t control the tuer price I think the tuer meme is an amazing meme we support it um we’ve got lots of sponsors that are coming I’m a big fan I’m a big holder of tukka I’m going to continue to hold my tukka um someone says what if we already have an account on gami just trade from your account that’s it if you trade from your account you’ll you’ll be eligible for it why does the well School link does the whale School link work for baked no for baked you have to open an account on bofin someone says thanks lfg thanks lfg too the true Chop Top g i I did enjoy this I must say I did enjoy this tweet here yesterday um I mean apparently I don’t people made it very um what’s the word not obvious um what’s the when they rub it in your face they said that you don’t have that that my biceps are not the same as as Andrew Tate’s biceps they said that you know my body is not exactly andr Tates his body but they said it in a much um much more what’s the word polite what’s it is it polite I don’t know if it’s polite they weren’t diplomatic about it let’s put that way but I mean you can’t someone well Insider says just incate bought $40,000 worth of Daddy and burnt it out of existence but then our intern who’s a gem basically says uh Krypt man ran burned $12 million worth of gam was like the craziest thing Josh I’m looking at the the chat here a lot of people are saying they can’t unstake their gumy what do you say to those people yeah but how do you unstake it it’s unst oh apparently it’s in your wallet just check your wallet and it’ll already be unstaked okay when are we fixing this um it should be fixed soon okay it will be fixed soon okay so it does go into your it does actually go into your wallet all right guys I’m going to see you guys again tomorrow tomorrow we’re doing a banter but then remember after tomorrow I’m going to film the next episodes of kows in Los Angeles next week so next week I’m going to be like half year half here if you want to get a hold of me if you want to watch what I’m up to @ Crypt man run on Twitter I will see you guys again uh tomorrow until then try well my friends [Music]
Solana is one of the only Altcoins that didn’t show a strong recovery bounce after the recent crypto market dump. Will Meme Coins drag Solana down even further? Ran is doing a deep dive into the Solana ecosystem to show you if there is hope left for this beloved Layer 1 blockchain. Don’t miss out!!
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3๏ธโฃ ๐ง๐๐๐ ๐ ๐ง๐ฅ๐๐๐
๐ ๐ข๐ฃ๐๐ก ๐ฌ๐ข๐จ๐ฅ ๐๐๐๐ข๐จ๐ก๐ง ๐๐๐ฅ๐: https://partner.blofin.com/d/CryptoManRan
๐ฅ๐๐๐๐ฃ๐ ๐ญ๐๐ฅ๐ข – ๐ฅ๐๐ฉ๐ข๐๐จ๐ง๐๐ข๐ก๐๐ญ๐๐ก๐ ๐๐๐ข๐๐๐๐๐๐๐ก ๐ช๐๐ง๐ ๐๐๐๐ญ๐๐ก๐ ๐ฆ๐ฃ๐๐๐, ๐๐ฅ๐ข๐ก๐๐๐๐ ๐ฃ๐ฅ๐๐ฉ๐๐๐ฌ & ๐ฆ๐๐๐ ๐๐๐ฆ๐ฆ ๐๐ง๐๐๐ฅ๐๐จ๐ ๐๐ข๐ ๐ฃ๐๐ง๐๐๐๐๐๐ง๐ฌ
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1๏ธโฃ๐ฆ๐จ๐๐ฆ๐๐ฅ๐๐๐ ๐๐ผ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ฎ๐ป๐๐ฒ๐ฟ ๐ฎ๐ป๐ฑ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ฎ๐ป๐๐ฒ๐ฟ ๐ฃ๐น๐๐ ๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น๐ ๐ก๐ข๐ช!
2๏ธโฃ๐ฆ๐๐๐ก ๐จ๐ฃ ๐๐ผ ๐๐ก๐ฌ ๐๐ฎ๐ป๐๐ฒ๐ฟ ๐๐ซ๐๐๐๐ก๐๐ ๐ฃ๐๐ฅ๐ง๐ก๐๐ฅ ๐๐๐๐ข๐ช:
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๐๐๐๐ฅ๐๐๐๐ง https://www.deribit.com/action/?reg=17633.1678
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๐๐ข๐๐ซ https://www.okx.com/join/CRYPTOMANRAN
๐๐๐๐ฉ๐ข https://app.aevo.xyz/r/cryptobanter
3๏ธโฃ๐ช๐๐ง๐๐ ๐ง๐๐ ๐ฆ๐๐ข๐ช!!!
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๐ฅ๐๐๐๐ฅ๐๐๐๐ – ๐จ๐ฆ๐ ๐๐๐๐ฅ๐๐๐๐ ๐ง๐ข ๐ฆ๐ช๐๐ฃ ๐๐๐ง๐ช๐๐๐ก ๐๐๐๐๐ก๐ฆ ๐๐ก ๐ฆ๐๐๐ข๐ก๐๐ฆ!
๐ https://app.debridge.finance/r/22357
– – –
๐๏ธ ๐ฆ๐ถ๐ด๐ป ๐๐ฝ ๐ณ๐ผ๐ฟ ๐ผ๐๐ฟ ๐๐ฟ๐๐ฝ๐๐ผ ๐ก๐ฒ๐๐๐น๐ฒ๐๐๐ฒ๐ฟ๐ ๐๐ฒ๐ฟ๐ฒ!
๐ฌ ๐ง๐ต๐ฒ ๐๐ฎ๐ถ๐น๐ ๐๐ฎ๐ป๐ฑ๐น๐ฒ – https://dailycandle.substack.com/
๐ฌ ๐๐ผ๐ผ๐ฑ ๐ ๐ผ๐ฟ๐ป๐ถ๐ป๐ด ๐๐ฟ๐๐ฝ๐๐ผ – https://goodmorningcrypto.substack.com/
๐ฃ ๐๐ผ๐๐ & ๐๐๐ฒ๐๐ ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น๐:
๐ ๐๐ผ๐น๐น๐ผ๐ ๐๐ฟ๐๐ฝ๐๐ผ๐บ๐ฎ๐ป ๐ฅ๐ฎ๐ป ๐ผ๐ป ๐ซ: https://twitter.com/cryptomanran
– – –
๐ ๐๐ข๐๐ก ๐ง๐๐ ๐๐๐ข๐๐๐ ๐๐๐ก๐ง๐๐ฅ ๐๐๐ !
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We take our code of ethics very seriously and have engaged @zachxbt (https://twitter.com/zachxbt) to monitor our progress. If you feel weโre not living up to it and have hard evidence please mail ZachXBT directly at reportcb@protonmail.com
โ ๏ธ ๐๐๐ช๐๐ฅ๐ ๐ข๐ ๐ฆ๐๐๐ ๐ ๐๐ฅ๐ฆ ๐๐ก ๐ข๐จ๐ฅ ๐๐ข๐ ๐ ๐๐ก๐ง๐ฆ ๐๐ก๐ ๐๐ข๐ ๐ ๐จ๐ก๐๐ง๐ฌ ๐๐๐๐ก๐ก๐๐๐ฆ
– – –
๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ฎ๐น ๐๐ต๐ฎ๐ป๐ธ๐ ๐๐ผ:
๐ต DJ Asher Swissa
– Track: https://bit.ly/336wtix
– Channel: https://bit.ly/31soP1j
– – –
๐ ๐๐ถ๐๐ฐ๐น๐ฎ๐ถ๐บ๐ฒ๐ฟ:
Crypto Banter is a social podcast for entertainment purposes only!
All opinions expressed by the hosts, guests and callers should not be construed as financial advice! Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.
#CryptoNews #Bitcoin #TradingAltcoins
โฑ ๐ง๐ถ๐บ๐ฒ๐๐๐ฎ๐บ๐ฝ๐:
00:00 When Altseason? – Meme Coin Recovery & Solana Price
02:26 Banter Bags – What is Orderly Network & How to Win?
04:10 Bitcoin & Altcoin Prices Today – Time-Based Capitulation
06:35 Negative Funding Rates & Altcoin Fundamentals
08:23 Demand & Supply & How to Get to Altseason – Money Flow
11:58 Stablecoins & Bitcoin ETF Inflows – Too Many Projects
14:45 Meme Coins Hype & LayerZero – ZRO Token Launch
19:20 Trade Pre-Launch Tokens on AEVO & Get a BAKED Airdrop
20:40 How Markets Work – End of Meme Coin Dominance
26:05 Solana FUD & Meme Coin Trades Influencing SOL Price
30:25 Solana in Numbers & DePIN Projects on Solana – TipLink
34:20 GUMMY Project, Airdrop & $12M GUMMY Token Burn Explained
38:50 $BAKED Token Launch – How to Get BAKED on Blofin
๐ฌ ๐ช๐ฎ๐๐ฐ๐ต ๐ ๐ผ๐ฟ๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ ๐ฉ๐ถ๐ฑ๐ฒ๐ผ๐:
๐ ๐ฅ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฆ๐ฒ๐ฎ๐ฟ๐ฐ๐ต๐ฒ๐: Bitcoin – Crypto News – Daily Crypto Market Update – Altcoins – Crypto
41 Comments
๐ค๐ค $๐๐๐๐๐ ๐๐ฆ ๐๐๐จ๐ก๐๐๐๐ก๐ ๐ฆ๐ข๐ข๐ก!!!! ๐๐๐ง ๐ง๐๐ $๐๐๐๐๐ ๐๐๐ฅ๐๐ฅ๐ข๐ฃ!!! ๐ค๐ค
1โฃ ๐ข๐ฃ๐๐ก ๐๐ก ๐๐๐๐ข๐จ๐ก๐ง ๐ช๐๐ง๐ ๐๐๐ข๐๐๐ก
2โฃ ๐ ๐๐๐ ๐ ๐๐๐ฃ๐ข๐ฆ๐๐ง
3โฃ ๐ง๐๐๐ ๐ ๐ง๐ฅ๐๐๐
๐ ๐ข๐ฃ๐๐ก ๐ฌ๐ข๐จ๐ฅ ๐๐๐๐ข๐จ๐ก๐ง ๐๐๐ฅ๐: https://partner.blofin.com/d/CryptoManRan
dex trading vol on SOL is high cos everyone is Selling!!! ๐คฃ๐คฃ๐คฃ๐คฃ
There's no money to buy Ran.
If your wife is like mine, she would have been laughing her head off.
Good Morning All, From Kansas, U.S.A.
this is the bottom
๐ฎ
ะะดะต ัะฐะทะดะฐัะฐ ะฒัะพัะพะณะพ ะฐะธัะดัะพะฟะฐ?
Sol is rock solid, don't believe this BS.
I'm buying more
Yes yes yes!
Ran should bring out Shill coin.
Unsubscribed
Always learn something new here. But Ran's shirtless vid was LOL
Time for more subs.
Awesome alt
Less Ran ,more Sheldon !!! FFS
Until next week
Then itโs meme coin season again
Hi
He is changing his opinions daily.
The click bait titles are so insulting to the community enough for me to unsubscribe.
So crap like $Gummy are destroying the markets hahaha.
I BOUGHT MY GUMMY!! I didnโt get any airdrop
Your look alone says bearish times
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Clickbait everyday now lol
I don't understand the part that the marketing tokens are burned? dont we need money for marketing so that people learn about gummy?
Again, white Line is way off?
WHOA!!!! That is infuriating, as if we don't have enough to deal with, how canthe chart be off like that – makes ZERO sense???
Says the man who promotes memes
Keep your videos shorter you'd have more views
Good
perfect
Fact that people buy these bs meme coins is crazy to me.
Stuffing my bags with solana ๐
If your gummy is locked, how long until it is unlocked on memestaking site?
UNsubbing
We are all George.
Trading advice from the idiot that got vaporised having loaded up on Luna๐คก
how much money i have to deposit into blofin in order to get baked
airdrop ??
Banter bags ๐๐๐