Crypto Games Need Their Own Chains!🎮

[music] Why are you [music] >> [music] [music] >> I think that we're just holding on to something. Heat. [music] Heat. I think that we just holding on to something. [music] I think that we're just holding on to something. Just tell me what's going Hey, hey, hey. I think that we just holding on to something. I think that we're just holding on to something. Just tell me what's >> [music] [music] >> Heat. Heat. [music] Heat. Heat. What's up everybody? Welcome to Underground Crypto Deep Dive Show. And [music] I apologize. I didn't notice that this thing had already ran through one time. I was waiting for it to countdown and it started all over. Shout out to Jimmy Villain, Melissa Lose Guy, and welcome to a DeFi Friday. Hey, there I am in the corner. That would help. And let's take

a look as things are all over the place, right? So, let's drop down our one through 1,000 [music] here, sectioned out in hundreds. And let's see what's the biggest category. 6.6 7800, but a lot of very close ones here. 1 through 100's down 5%. [music] 5.6% 5 1.5% negative. So, a lot of negative on the day. A lot of things on sale. All depends on how you look at it, folks. [music] It all depends on, you know, if you bought things a week ago and you were counting [music] on cashing out on them. Here's a good way to put it. If you took your rent money and you put it in crypto thinking it'll be worth more in a [music] couple weeks from now, it probably wasn't a good idea. I'm not a financial advisor, so I'm not telling

you one way or another. You do what you want with your rent money, but they do often say you probably shouldn't risk more than you can afford to lose. [music] Then it's token up 10%. It's bouncing to $18. Man, we were just getting a nice pullback on that token. I want to get a good entry. ICP is only $2.32. Again, I it's easy to feel like a lot of this stuff is on sale to me because I play the long game. Uh what's the big runs? Lab down 22. Lab back [music] down to eight bucks. This thing has such a habit of bouncing hard. So, see if we get another day of dump or if everything kind of bounces by tomorrow this time. [music] You know, Saturdays are at 10:00. Just a reminder to everybody. This it pumped 250

[music] something percent yesterday. Uh it's up another 24%. The week says 290% basically almost been as [music] high as 6 cents. It's uh it's doing its thing for sure. It's Bitcoin DeFi. Then you have this QIT [music] or Sealcoin and it's up 48% today. It's up 61% this week. Even with everything dumping and things, there's always something pumping. It's always this one outlier that's just ready to go. Yep. Baby up 28, which is Babylon. Then you have this riff. It's [music] down 20%. roottock infrastructure framework. Isn't that just like a very attractive name in crypto? Then you got Velvet, which I don't know anything about, but it's [music] it's up 23%. And this XP, this XPhere, which was an interesting coin that I was I was going to look into. Still still going to look into it. Up 25%.

But most of all, it's a Friday. How is [music] everybody doing? Let's kick off the stream with a nice round of panzer dogs and we will look at what's trending and all of that stuff. But it's Friday, so I really figured we should play some DeFi gaming. I'm sure there's a lot of stuff I need to look at in the Discord. Shout out to Melissa who's always posting stuff for me to look at. And Fridays are really a day for me to just say, "How's everybody doing? Everybody doing all right out there with the dump? Anybody losing their rent money right now?" Green fingers in the house. Got him. First blood. What's up? >> I got another one. Now, after a long day, it's always nice to kick back, hang out with my friends, and play some DeFi games.

I mean, my crypto family, of course. But I also consider you guys my friends as well. Somebody's like, "Oh, he considers people on the internet his friends." How sad. Maybe not so much in this world. Today's world, the world I grew up in, they would have thought that was sad. Nowadays, most people's friends are probably on the internet, honestly. Anybody got anything extra interesting going on? Whether it's for the weekend or something you're looking at in crypto, got a a mega short cooking. Who's got who's got a short cooking [music] from way higher where they opened it? I bet Green finger probably got a short cooking clams. Cryptic Quinton in the house. What's up, man? I know you kind of popped in at the end of the stream yesterday. Welcome to the beginning of the stream. Hope you're doing

well. Ah, that leftover that leftover drink from the barbecue spot, which is exactly what I needed before the stream. All right, that was a nice break. Let's run our price rundown. Bitcoin right now 61,209 overall market cap 2.1 almost 2.19 so like 2.2 trillion really but it's down 3.8% 8% today. Says, "Thanks. I hope all is well." Absolutely. Says, "I can't stick around for long. I have to work in 6 hours. Need to get some rest. [music] Just wanted to stop by and like and say hi." Well, I greatly appreciate that, man. And of course, you got to work in six hours. You You do what you got to do, brother. Hard work pays off, right? Absolutely. Blues guy says he's doing 45 hours in three days this week and he's getting up and after that cash flow. [music]

Ethereum 1,592. B&B under 600 bucks. I would love to scoop some B&B back at like 250. That would be amazing. How hard are we going to dump here? 575 bucks for B&B XRP. [music] the$11. How low can XRP go? Salana $6457. Hyperlid $60.74. Dogecoin 8. Stella XLM somewhat might call [music] it down 17.5% to 20 cents. Zcash $391. It [music] crashed super hard. It is down 26%. But don't worry, Cardono is down much more. It's down 31.4% to 16 cents. XMR $311, down 20%. Things are on sale. Canon Network doing a little bit. Okay, you see this big bounce [music] here. Let me scroll up a little bit so you can see it above my head here. See big bounce on the 7-day. That's cool. That was probably today. 15 cents for Canton Network. Chain Link $742. Meme Core

[music] back under $3, $2.86. H bar 8 cents pretty much flat. Litecoin 43 bucks. Avalanche [music] $6.86. Sweet down to 72. I love that. I got to get some of that. Uh Lab, $8.91. Still up 36.8% in the last 7 days. [music] and Flab's probably a good one to get your hands on. Not financial advice. Go see if [music] Flare is still in the top 100. Number 91. It's climbed up a little bit, right? Or maybe that's where it was yesterday. I can't remember. Cam in the house. Welcome in, Cam. Yeah, I got to put this overtime in for these fire sales. Yeah, I feel you, man. It is a good time to scoop some crypto. >> What is trending? Zcash, Salana, Bitcoin, Near Protocol, Dennis Tken, Ethereum, Bit Tensor, Worldcoin, Sweet, Hyperlquid, XRP, Avalanche, [music] Injective, Arbitum, and

Zest Protocol. We talked about Zest Protocol yesterday being a potential pumper. >> [music] >> And it's up a little bit today. I mean, this chart looks nice. I don't know what the percentage is [music] there. Says 12.4% in the last 24 hours. Bought a little SU in BTC today for the long haul. Yeah, I think SUI [music] is a good sale. Uh I kind of like the price of a lot of things, but uh near protocol, not one [music] I pay attention to a lot pricewise. The project, yes, but not so much the price. Um, [music] yeah, I think Near Protocol under $2 is a pretty good purchase over time here. A lot of people saying Near Protocol [music] kind of edging out the, you know, the competition of Bit Tensor cuz, you know, those are kind of the

two biggest uh serious AI projects, right? There's plenty of AI projects, but big serious AI projects. [music] There's not so many with with large market caps. Bit Tens are at 1.8 8 billion with Near Protocol at 2.5 billion. So, got to love that. And it is DeFi Friday, so we're just going to bounce in between some games while we chat it [music] out and do our regular rundown. And then we'll hang [music] out and play some more DeFi games. What's your opinion on the Zcash FUD? So, I assume the FUD you're referring to is there's some big exploit that was been there for years where you could just mint as much Zcash as you wanted. Uh, and then they finally finally fixed it. I've seen a few articles about it. I don't know all the information about it. What

I found was interesting is like they seem to act like that exploit was there for a really long time and like nobody knew about it. But how could nobody knew about it? Like somebody didn't really somebody didn't take a lot of advantage, they just took a little bit of advantage. I don't know. Just seems like if somebody's just minting as much Zcash as they wanted, seems like somebody would notice. And I don't really have a like a big opinion on it. I mean, they rather could do that or they couldn't. Not a whole lot of in between here. Saw that teamwork flushed him out. Teamwork on point. W those last shots were terrible. Fair. I guess it's a big trust me, bro. Yeah, right. Says, "I bought 10K of BTC 2 days ago at 66,000 and I feel like

a dumbass." Well, let's talk about it, man. what when you [music] bought that 10k of BTC, what was your plan? Because I mean, it's buying 10,000 of BTC is not a horrible idea at all, man. And you're only working with the information that you have, right? And there's a good chance we could have bounced. And there's still a good chance that we'll bounce. And there's also a good chance we go to straight to 40,000. You don't know. This is crypto. Anything could happen. The question was, when you buy that 10K worth of BTC, did you buy it hoping you were going to sell it a month from now, or did you buy it thinking you're going to sell it two years from now? Cuz two years from now, that 10K purchase probably going to be above water, probably going

to be in the profit. If you thought you were going to sell it a month and a half from now, then [music] my personal opinion, your your time frame on crypto might be too small, too short. Sometimes we get lucky and we catch like the beginning of a market. It can happen, but I wouldn't always expect it to. And and then another big question to my to my man [music] coming in here, big question is, you know, was that 10K all the money you had for crypto set aside? Did you do it all in one big [music] purchase? We talk a lot here. We've talked a lot about portfolios here on the channel stairstepping in. You know, if you have a hundred, if you had, you know, a larger amount of money and you just implemented 10K and then

you're going to continue to buy as we go down, at some point it's going to turn around. You're going to be in big profit. You're going to be happy. Just really depends on what your strategy is. says, "Now I'm just trying to become a 2.1 or 0 21 whale. Lol." All right. All right. Well, if you're going to hold it for a long time, I'm sure you'll be happy with it. You'll be chilling in 2029. Yeah. It's good to have a piece of the pie before the supply is all bought up. And at some point, the supply probably will be all bought up. What happens after the Clarity Act? There's like 2 to three million BTC left on exchanges. Exactly. And uh you know I've seen posts from a couple people including the lifer and I've thought about it

myself where like a lot of people are thinking maybe there's some large players here trying to liquidate Micro Strategy. Why they want to do why they want to liquidate him I don't know. Maybe they want to get the BTC for themselves. [music] Maybe they want to make him look stupid so they can hurt the confidence in [music] crypto. could be, you know, if they're big players, they could be people like, you know, the bank, the banks for sure, they don't like any crypto and stable coins. [music] It ruins their monopoly on just about everything from crossber payments and all the fees with the swift system to the st you you know before DeFi protocols, who do you think everybody put their money with and they got 01% and that person borrowed all of their money and then went and

made it into a bunch more money? That would be the banks. Now, with people like Tether and stuff, they're they're borrowing your money, paying you way more percentage. They're also probably making way more percentage off your money, and they're ruining the bank's game. So, why wouldn't the banks maybe get together, take a ton of money, and try to liquidate Michael Sailor, make him look dumb, and shake out the uh confidence in crypto, DeFi markets, Bitcoin overall, it runs the show. It makes a lot of sense. Yeah. Yeah, exactly, Cryptic Quinton. Exactly. But don't think large players with a lot of money don't coordinate together for their own interest. You can make it as nefarious as you want to make it, right? But it also can be rather simple. Hey, this is in our interest. Let's put our money together

and make it happen. Simple. Let's go take a look at that fear and greed index. Very surprised that it's still at 12. Was that 12 yesterday, 7 days ago, 23? Not a whole lot to tell there. Hasn't moved [music] much, right? We'll bring up what is trending. We'll make it the top [music] 20 instead of the top 10. And then we will just jump over to Trading View real quick. and just quickly look at the chart. Now, one thing I think is worth worth saying here is look at this. All of this upward action. All of this upward action, right? Well, if you were getting in there getting longs from what you think is this double bottom of the entire bare market, where do you think people put their liquidations, their stop losses, their take, you know, their take

[music] profits in the green? So, if you got in here and then we pumped up, came down, [music] pumped up, maybe people moved their stop losses to break even, but the point is these are points of liquidity, right? Underneath these wicks. I don't know why I'm drawing so many circles, but you know, you get my point. Under here, points of liquidity. And a lot of times when [music] we go, you'll be really surprised when we dump into liquidity, you you don't have to go that far under this wick to really grab everybody, right? This this [music] wick right here, I set a horizontal line on. You just edged under it. Now, that doesn't mean it's going to stop here. Not necess That's not really what I'm trying to say. I'm just trying to say if you're going after liquidations,

[music] you go after them fast. So people don't really have time to look, right? They go go away for the weekend or they're not paying attention for a day or two and it just happens so fast that they don't even realize how fast they get cooked or they get into negative so fast they don't want to they don't want to close it and then it just go really down to their liquidation. Right? Ever ever had a ever [music] had a a trade kind of go against you and you just it's about to hit your stop loss so you just get rid of your stop loss and next thing you know you're getting liquidated. Yeah, it's why it happens so fast. And uh yeah, let's see. It went as low as like what is this like here? I know I

can hover over it. That would make a lot more sense. went as low as like $59,882 [music] and our previous wick was like 59,732. So although that looks really really small, that little wick under it's [music] enough to grab a lot of people's liquidation points, right? Cuz a lot of people were probably pretty tight to the bone. We were way up here. They felt pretty confident that they had a lot of room. And now we wait and see. Let's give a minute for the VRVP to repopulate here. There we go. So, your PC is right through here. So, you could see it pull back up to the P even if you're going to go lower. And those are those are basically my thoughts here. There's a chance we could bounce here. I'm not trying to sell anybody anyopio. You

could bounce here because we might have just got enough or we might get one or two [music] more wicks down under that previous wick to get some liquidations in, right? Or [music] people might long really hard and that might cause us to to long squeeze basically continue to go down. Or people might short really hard and that might [music] cause us to have a little bit of a relief pump to get rid of those shorts. A lot [music] of those things can matter heavily as to what happens in the immediate future. And that's pretty much all I have to [music] say about that right now. Yeah, exactly. Caught up on the chat says I'm trying to be a 21 whale. Well, you're doing a good job. If you got your 21, then I guess you're you're [music] a 21

whale at that point, right? So, we got Bitway, which pumped like 200 and something percent yesterday. It's up some more today. Is it going to keep going? I don't know. Wasabi card, right? It's just another issuer of Visa and Master [music] with USDT payouts. Some DeFi infrastructure. Then you got Babylon. I think you should probably [music] know what that is. It's 1.2 years old. We have Mobius, which I'm not familiar with. no token generation [music] event. Uh, Mobius is a DeFi protocol with a single margin tier that tracks users positions across multiple venues. Okay, so it's like a tracker for different positions that you [music] have like Hyperliquid, Aster. So I assume they mean DeFi, right? Not like centralized exchange positions. paper cut, [music] Zcash, Mint, Scan. The B&B48 Club is an interesting token. It's been around for about

four years. K25.ai is a live streaming and real time prediction market for sports and esports with AIO oracle resolution. So, if you're into that kind of world of betting on on sports, maybe that's interesting to you. I'm not. RWA.LTD. Interesting. We spend a lot of time talking about RWA. Camsta says, "I'm shorting till 57K." All right. There's a chance I lose everything I made shorting here. Well, sounds like you're overpositioned, my friend, but we'll see what happens. You might look like a genius. RWA.LTD LTD is a platform developed by Aner Aneri that uh provides customer goods trading through tokenized non-financial assets targeting retail users in web 3. Interesting. That's what I have to [music] say about that. Interesting. You got eCash which is almost 5 years old. Betwin, I only could imagine [music] what Betwin is about, right? Maybe

betting and winning. Uh, Betwin is a D5 protocol on B&B chain with MLM structure staking and 21 level referral. Oh, buddy. Run for the hills here. Run for the hills. I'm just kidding. Let me get my affiliate link. Who wants to sign up? Who wants to sign up? It's all [music] in Chinese. Who wants to get this affiliate money? Globalization of web 3 onchain financial ecosystem. I've never heard of this by the way guys. I have no idea what this is. New generation of decentralized finance ecosystem [music] platform built on B&B enabling participants to be users contributed and a share of the ecosystem. Maybe it's a pyramid scheme. Maybe it's not. I don't know. Starting threshold it says2 BNB. Why Blue Mountain assure win? We re-examined the two major problems plaguing DeFi and wrote the answers into contracts [music]

and economic models. High riskto fund security. The profit model is unsustainable. [music] Short-term high returns are accompanied by a huge bubble. Ponzi schemes rely on new users to enter the market and later participants [music] are easily exploited. By introducing dynamic return adjustment [music] and reinvestment mechanisms combined with deflationary model, bubbles can be effectively squeezed out, ensuring the long-term and stable development of the ecosystem. [music] Okay. Well, I I like that the elephant in the room here is is addressed, right? That's cool. I like that. Does it mean that it'll actually exist long term? No. Remember, a lot of these things, all of these things for the most part are experiments, but I do like what they're going for. Good luck, Cam. I hope it plays out. Yeah, we're all rooting for you, Cam. I hope it works. Staking mechanism,

a robust foundation for the ecosystem. This seems interesting. Now, here's what I want to say about this. [music] You can feel however you want to feel about MLMs and stuff like that. if you're early on them, depending on how they're set up, you can make a lot of money with [music] MLMs if you're early. Just throwing that out there. And if they actually thought about the whole bubble Ponzi scheme dynamic, right, [music] where the beginning people make a lot and the people running in at the end mostly just taking their money and they get screwed, right? That's your [music] Ponzi scheme type scenario. If they could do something to kind of offset that could be a really cool project. But what are they giving you? See, most MLMs [music] sell like a project or like a product or something

like that. Sorry, that threw me off. Everything is coming up risky. [music] Probably because it's all very new with very odd traffic. Then you have AI agents and stuff like that. Was all written in like Japanese. So there's there's a good chance this thing is nothing more [music] than a giant rug pull. Three tokens. symbiotic closed loop. It is kind of an interesting idea [music] because unlike like an MLM, most MLMs like you sign up and you like sell for them or and you try to get [music] other people to sign up and stuff like that. This one has a token. You could literally just buy if it if it's actually good, which I have not spent any time studying [music] it, so I have no idea. But if it was actually good, hypothetically, uh, you could just buy

the token and probably do really well with it as well. Very interesting. Kryptoquent says, "Everybody have a good night. Got to hop off now. Have a good stream, Eugene." Hey, thank you. I appreciate you saying that, Kryptoquint. You get some sleep, my friend. Have a good day at work. That's the thing. It's been dropping [music] so nicely. You get comfortable shorting without a stop loss, [music] that's when they get you. Oh, yeah. They're coming for it. Even if we're going to go lower, they're still going to turn around and flush a lot of people out of the markets, no matter what side of the the market you're on, right? [music] That's just how it works. If everybody ran with no stop [music] losses, that would be very interesting because you wouldn't build [music] up these huge liquidity places. All

right, as you know, it's DeFi [music] Friday, so we're going to do our analysis and look at everything, but we're also going to run some some DeFi games here. Haven't got to play Zverse in such a long time. I would love to play some Zverse. Of course, it'd be easy to kick back and do nothing but play some DeFi games. Maybe one day when they have good enough DeFi games. But, you know, people still want to know what the heck is going on with the market. A lot of things on sale if you ask me. I mean, if there's any takeaway here, [music] it's that things are cheap. Now, where people get weird a lot of times is, will things be cheaper at some point? They're just like, I don't want to buy because it could be cheaper. Think

about, [music] honestly, think about this. Think about how many people missed buying Bitcoin at 15,000 because people on the internet were saying it was going to 12,000 and 10,000. And and the real funny part is if you go back and you study Bitcoin and look at the charts and if you were around or you can talk to somebody who was around [music] because I wasn't around for all of it, but I certainly have had you know people whether they were on the internet or real life to talk to about there. They always were promising you lower prices than they were getting. Like how many people already have it set in their head that they're going to buy like a $40,000 Bitcoin or $35,000? The lower it goes, the more you're going to hear crazy numbers. Now, one number that

can make sense is apparently Michael Sailor would get liquidated for like almost all of his Bitcoin [music] at about 30,000. But that could be a fast wip, right? That might not be more than a couple hours at 30,000. [music] Now 30,000 would be pretty low, but it would still be double the last bare market low. 30,000 would be crazy. For 30,000, I think I would be trying to get me a piece of it. I'd try to sell something. Sell one of these cars. Let me get a piece of that 30,000 [music] BTC. Dang, I zoned out and I'm already way up. This is crazy. Where's Reliable Jay? Feel like I I haven't seen him too much lately. Must be working hard out there. Do I Do I keep running this up? Or do I just let him take me

out? Because there's really no point in this after a thousand. All right, let them take you out. Grateful for the low prices. Absolutely. Absolutely. Problem is I always have so many things that I would like. Oh, I got a I got a peacock. That's cool. There's always so many things I'd like to get a piece of. One thing I'm still keeping an eye on that you're going to be like, "Why are you why are you even looking at this coin anymore?" Well, let me tell you why. One, because it's super cheap. And when things are are super cheap, yeah, you might want to keep an eye on them because they can only go so low. But just cuz they keep they keep posting and saying stuff. All right, that's what it is. It's not Look at the pin post.

So 11 hours ago, private yield made easy. Hold, transfer, pay, and earn without exposing your wallet and prying eyes. This is privacy stuff. Privacy stuff does really well. It's in the Sky ecosystem, which used to be or it's powered by um this Osira HQ, which I don't know a lot about, but Sky ecosystem used to be Maker Dow, right? Uh and that's rebranded. I don't always love when they rebrand, right? But Anom Pay is is tied into it, but it's not completely a product of the Maker Dow, right? Anomape Pay is your confidential crypto hub. Eero. Okay. Yeah, Eero, I do know about that. Private Yield is live. That was June 4th. That was yesterday, right? So, my point is they do seem like they're building, right? Here we go. Wait is over. for Anomma Pay V1 is [music]

now live on B&B chain. Uh Anomma payment makes it easy to hold, transfer, and pay with [music] crypto confident. So I'm just seeing a lot of things being put out about it by them of [music] course, but they're doing something. They're developing, which is cool. They're still trying to deliver [music] on what they said, which is cool. But also, I mean, this [music] thing's got to be so cheap. Yeah, a max chart. I don't know why I'm going to the 7-day chart. Let's go to the max chart, right? I mean, this thing is 0.078 with 19.6 [music] million in in its market cap. How much lower can this thing go? I mean, it could go to zero. Like, don't get me wrong, it could just go to zero, but I feel like this is where you start tapping in

[music] and you start saying, does this thing have like a working product? Here's a nomapay.app. [music] Does it work? Is it really private? Does the product have any value to it? Because if it does, even the smallest amount of [music] value to it, when things turn around or even before it, it could pump hard. I just love that it has this privacy [music] payment um a hub where you can buy and and and sell crypto, you know, and uh have a lot of privacy around it. That could be really really big. I mean they did talk they talked very heavily about this intent layer and now I don't know if that's in the background somewhere they built this like anoma pay which is honestly very similar to what a lot of people have. [music] So, but the the kind

of thing that I like here is that all the privacy, [music] right? So, now I'm wondering like are they still going to do intent layer stuff? Cuz now I don't see anything [music] about intent layer now. Okay, let me be fair. This is a nomapay.app. So, this is a specific website for Anom Pay. This is not [music] Ana's original website and they just changed it all. I'd have [music] to go find that. He said zero. You beat me to it. Yeah, it could go to zero. Don't get me wrong, but um if you're going to take a shot, [music] take them when things are close to the bottom. That's where the big returns are. And of course, I allocate tiny amounts of money to this [music] stuff. Like I buy like five dollars of this here and there, you

know? I probably have like I probably [music] got like $80 in this project, maybe $100 in this project overall. And it mostly has been a bust, don't get me wrong. I think we I bought I bought most of mine at like five cents, maybe a little under 5 [music] cents, and now we're less than a penny. So, don't get me wrong, this thing's down 97 96.7%. I [music] just think it's interesting that they have some things they're actually launching and they seem like they're in [music] the right narrative of things that can do well, right? So, we'll see. Do they get any attention? [music] I have no idea. Let's see. Pin post has [music] 96,000 impressions, but it is a pinned post. And it is about the V1 [music] going live, though. Anyways, I just thought I'd bring that

[music] up because I I've been seeing it on social media. When I s when I saw the V1 thing go live, I was like, let me go grab another [music] $5 worth of that coin just to kind of double up on my bag there. Cuz if for $5 I can double up [music] what I bought, then why not? Seems like a sure enough bet, I'm still only like $100 into it. Nothing crazy at all. said, "Everyone laughs now, but no one will be laughing [music] when Eugi riding around in his anommobile." Yeah, exactly. I'm going to get a Lamborghini and just put like a NMA across the side. Be hilarious. [music] Yeah. And I mean, let's be honest, when you look back at a lot of these coins and things like that over years, [music] a lot of times

it took a lot of years. Like I'm not like Anma is this amazing project that everybody's sleeping on necessarily, but it's a project nonetheless that's really low and it could pump over time. And then of course there's the fact that we never really got like a fair shake with the altcoins which was weird because altcoins were [music] better and more useful than ever. I just feel like you know who probably buys the altcoins? Retail. And retail didn't really come into the market last time or they didn't stick around much. They were there I guess a little bit at the end of 2024. [music] And that was that. So, who knows what the future may hold. I mean, think about the privacy coin [music] craze that happened for a while where like Dashcoin pumped hard and Zcash kind of pumped

hard before it was like normal for it to pump hard, right? When it was like a coin nobody ever talked about. Things can go years with little to no attention and then all of a sudden >> absolutely rip no bro. You're hilarious. I love that. The anomal. It's got a nice ring to it. See what's going over here for Sunflower Land. Just revamp [music] it here real quick. I guess we'll plant some more of this rhubarb. Why not? What do you think the quote of the day is? How about that? Success is where preparation and opportunity [music] meet. And of course, the point to that is, you know, success is not just the opportunity. You got to be prepared to execute by Bobby Uner, who I cannot put a face to that, right? So, even though it's DeFi Friday,

you know, I'm going to try to raise your crypto IQ, but it's DeFi Friday. So, we're going to talk about DeFi and of course gaming. You may not know this, but gaming stresses blockchain in a completely different way than most DeFi, which I think is cool [music] because where you put stress, you find cracks, and where you find cracks, those can be mended and fixed. That makes things stronger overall. [music] A DeFi user might take a few transactions a week, but a game can require constant action, quick feedback, inventory changes, item transfers, rewards, marketplace activity, and real time interaction. That is why gaming chains often focus heavily on low fees, fast [clears throat] confirmations, [music] and account abstraction, social login, and invisible [music] wallet experience. XAI's official site highlights gamers focused [music] UX through abstraction wallets, social login, while

Somnia or Somina, Somnia, I'm going to go with that, markets itself through high throughput, low latency. Ethereum virtual machine infrastructure. Hopefully you guys really know what that means. EVM infrastructure for real time applications. [music] And I I really like this >> [music] >> uh these talking points today. I really do. So crypto gaming sounds obvious on paper. Play to earn. I mean, what kid didn't at one point in their life think, especially if you were born born [music] from like the '9s or mid80s up, but but more like in the '9s, didn't think if I could only get paid to sit at home and play video games, uh, that's all I would ever do. So, on paper, it sounds pretty obvious. [music] players already understand digital items. They already buy skins. They already use in-game currencies. I feel like

this becomes a little overlooked because a lot of the things that we're saying here, well, they're already like people are accustomed to doing it. You don't have to go on a crazy marketing campaign to convince people that in-game items are worth [music] spending real money on. Like, you really don't. You just got to really crush the user ability, the game itself, of course, and then the application. GTA 6, anybody? They already spend their time in virtual economies. So, [music] the idea of blockchain gaming makes sense. And I feel like this is where it's kind of crazy. [music] Um, I the problem with blockchain gaming is really down to the blockchain and application itself. [music] It's not the games. Like, I mean, it is the games, right? But it's not the idea of the games. It's not trying [music] to

sell people on the idea of virtual economies or in-game currencies or in-game items having value. [music] Like, all that stuff's already baked in. That would be easy to do. Let players own their own assets. Let items move freely. Let game economies become more open and let players participate [music] in digital ownership instead of renting everything from closed platforms. But here's the problem. The average player doesn't care about the ideology. They care [music] about the game. Is it fun? Is it smooth? Does it load quickly? And you could look at like Sunflower Land here and you'd be like, "This is dumb." [music] You have some people would be like, "This is a dumb game." You could look at Zverse. Look, use Zverse as a better example. They'd be like, "That's But Zverse is not [music] that far off of Runescape."

All right, Zverse is more comparable to Runescape than almost any other crypto game. And there are [music] OGs out here still playing Runescape. Can I play without thinking about the wallets? They may ask. Can I trade or use items without friction? Do I [music] feel like I'm playing a game or filling out a crypto to tutorial? I don't know why I can't speak today. That is where early game struggled. A lot of projects were financial systems first and game second. And this is very true. I feel like one serious thing on a real serious note that gave Gamefi or Defi Gaming a really bad rap where there were a lot of things that were not games, like they weren't video games and they tried [music] to sell them to us like they were gified and they were really just

like a financial system. Like they were really just yields, [music] right? Not games. And so people got really turned off to the idea of [music] DeFi gaming because they showed up to play a game and there was no game. The token came [music] before the fun, the economy came before retention and the yield came before game play. And the infrastructure often made the experience even worse. gas fees, wallet popups, [music] transaction delays, confusing onboarding, network switching, bridging, all of this creates friction and the games were extremely sensitive to friction. If DeFi is inconvenient, some users may still tolerate it for a yield, but games are different. Players have endless alternatives. If crypto games are annoying, they'll just leave. That's why gaming focused chains really matter. They are not just [music] trying to be another place to launch tokens. They

are trying to remove the parts of the blockchain that makes games feel worse. Somnia is approaching the problem through high performance EVM infrastructure designed for [music] real-time applications. Insomnia I like it's a newer project so it has a lot of hope in my opinion. XAI is approaching [music] it as gaming focus arbitrum layer three with an emphasis on abstracting web 3 interactions away [music] from the traditional gamer. Both are making a same broader bet. For blockchain games [music] to work, infrastructure needs to disappear into the background. The player should feel the game, not the chain. Got to feel the game and not the chain. [music] See, I like that. That's a good saying. And so I think that that just really puts into perspective, you know, what's [music] wrong. Now on kind of the flip side of all of

that, right, is people already play on their phone a lot of games that are about as fun as a crypto game, right? So what am I saying here? Well, if you really think about it, you ever heard of an idol game? Uh, has anybody ever played an idol game and thought, "Wow, this is a lot of fun." No, I don't really [music] think anybody's ever thought that, except for maybe like an eight-year-old or or younger. What I would say though is idol games are very convenient for the fact that you can feel like you're playing a game dayto-day without like [music] actually taking the time or most people don't they don't have the time to actually play a game says [music] come on Biddy let's go to 57k says I want to hit 300 tonight best of luck my

friend best of luck Let's go get us some more money. So, it just depends on where you're at. See, a lot of DeFi games for me, like this one, are perfect because I [music] don't have time to play games. If you're the type of person who wants to sit and play Call of Duty, then this game is not going to fill your interest. Like, it's [music] just not not going to be exciting to you. And I can totally understand that. Now, one could say, "Hey, you play both. I could get behind [music] that, too." But at the end [music] of the day, I do think it's interesting that people will act like DeFi gaming is just so boring and so not where [music] it needs to be, and then like every day they play like an idol game on

their phone. It's like, okay, well that your idol game is really not very [music] exciting. There's nothing really going on. It idles and you're spending money on in-game items. [music] What What is the difference here? And then, of course, to always, you know, remind [music] you, here's a marketplace. Here's here's different items, right? They're worth real money. Here's uh this person 1,200 bucks. Now, let's go [music] to the dashboard here. And people are earning actual currency. There you go. My point is in your idol game that you buy [music] in in in storere items for on your on your iPhone or your Android, you're not making anything. You're actually just paying money for a game that's a probably less [music] exciting than Sunflower Land. My point in that is if if you could do that [music] then then you

could play a D5 game playing Civ [music] 6 right now and have the time of my life while I'm listening to you. If I want convenience, I play Marvel Snap [music] because it's quick but still really fun. Exactly. And if you play those kind of games, it's going to be a while before you find DeFi gaming fun. also sounds like you have enough time to like play a game where like if you're somebody who plays little mobile games again idol games you would love a DeFi game because most of them are more fun than idol games and they're have a much higher potential for your [music] time being rewarded or worth something. So, I think it just kind of depends on what kind of gamer you are because I see grown people playing idol games. When I I'll be

out [music] somewhere, see somebody on their phone playing an idol game and I'm like, man, you'd have a lot more fun on [music] Sunflower Land, you know, at least on on RollCoin. I'm earning a little bit of B&B, XRP. Like it's not [music] huge amounts of money, but yeah, you're not getting anything on your I digress. I digress, [music] but you get my point. Kind of depends on what you're playing here. Says Green Lori is waiting to start the next episode of Love Island. What episode is your misses on? We're about to [music] start part three of the new season. Hey, good for you guys. Oh yeah, my son basically raises himself. [music] I work on a computer all day so I can game on computer all night. I crypto trade and game day. I'm not knocking [music] that

at all, man. Let's see. No matter what your ability is, says Blue Sky, [music] effort is what ignites the ability and turns it into accomplishment. I like that. Now, let's see where [music] do I have loot survivor. Okay, we need to go up. There's Cosmicia. [music] fishing frenzy I haven't touched on in a long time. There's Zverse. I want to play some Zverse. It sounds like Cam said he's living the life. Strategy gaming, that's my kind of gaming. when I used to be able to play a [music] lot of games, uh, strategy gaming was was my thing and crypto trading go so great together because all these games can be paused at any time. Exactly. I mean, when I was real young, I used to love that Age of Mythology. Uh, I did catch the uh the remake for

mythology. Played it a little bit. I don't I don't I don't ever get to play it. One day or one week, one day I'm going to take me a mini vacation, just take a week [music] off, not of live streaming, but of everything else. And I'm just going to chill and actually just play some games. That would be really nice. Make me feel like I was was 21 again, like I was 19 again. But it won't be anytime soon, that's for sure. Yo, what just happened? All right, there we go. Age of Yeah. was my favorite. Yeah. And then they did a a retold a remake of it that was super modern and up to date. Is pretty cool. It's the online [music] games that will mess up your trading. Yeah, but anything turnbased single player is amazing. >>

Yeah, he says it came out on Yeah, [music] that's where I bought it on Steam. Age of Mythology Retool came out on Steam. I have it. Yeah, me too. Anyone benefit [music] from the 59.4 for value. >> Okay. Yeah. Call value alltime low call. Is that what it is? Not me. Nope. I have again [music] not been not been trading. I'm just focusing on allocating some funds into some spot. And then of course [music] not allocating all of the money right now. Just buying little bits and pieces. Just DCAing as hopefully we're going to go lower. Robin Hood just listed [music] Flare today. Hint hint. All right, let's see what happens. I mean, it dropped from like what 85 by market cap to like 91 value area low. Yeah. I love when the freaking computer just freezes and doesn't

do what I want it to do. Wow, Zverse is [music] like straight up crashing my computer right now. What's up with that Zverse? T90 official is the man when it comes to AOE2. to casting. Oh, I still I didn't see the other one above that. I still play AoE to definitive division watching the pros play it in a huge turns. Nice. Says, I know. I'm so happy it dropped, bro. I know you are. It was the first thing I thought of. I was like, man, he's going to get him some extra. This Zverse is taking a minute. I also haven't played it in a while, so I probably had like multiple updates to do here. Again, Zver really reminds me of uh some Runescaping, like a DeFi Runescape. All right. It is sure taking a minute. Sever I mean

I guess that's what you get. It's a web browser game and they keep updating it and adding more, you know, to it. So, it's going to get really big at some point. It should probably be like a downloadable game at this point because it just has too much stuff in it. Don't need to see the notes. I'm still struggling with this quest here. I'm going to give this quest like one go. that one go to run to the guy who originally gave me the seed. See, he he'll give me another seed. And if he doesn't What is this? What is that? Treasure chest. What do you get? Oh, wow. There's actually stuff in it. I thought it was going to be a monster of some sort. Zcash going to zero or what? I have no idea. Uh, I'm transparent.

I own zero Zcash. No Zcash. I uh I never really got into the privacy coins like that. So, I didn't catch [music] those pumps. And then of course they started pumping and I wasn't going to buy them. It's easy to get lost in what the crowd is doing and what everybody's talking about, right? Ah, this guy I need to like [music] um you know in a lot of games they have where you can just kind of like trash or get rid of your quest and then like start it over. I need to start this one over because this one sucks. It just got like messed up for some reason. I did the quest and they just like won't accept it because I did it somewhere else. All right, make sure we're all healed up at the the Pocus Center.

I mean the Zverse healing center. And uh let's go hit let's go hit a dungeon. Let's see if this is still under construction [music] or not over here. kind of looks like it is. Maybe it's not. I don't know what this is called the mountain side. How did I get to stage seven? I don't think I've ever played this, but maybe I have. [music] Said nothing [music] going to zero. Did you read up on what happened to it? I don't know if you're talking to me. I was mentioning it earlier that there was apparently some exploit where you could [music] mint as much Zcash as you wanted. That's what that's the news I saw. Is there other news that I don't know about? [music] You said nothing to zero. depends on I guess how [music] specific about zero. If

it go if it goes to $1,000, [music] can we can we consider that zero? Like if a project goes from millions to like $2,000 and it I would consider that zero. But is it actually [music] zero? No. Anyone could mint and no one could know. Yeah, there would [music] be accumulating spot now or let it settle. [music] Well, they did say that they fixed it, right? I mean, can [music] you imagine like if there was an exploit or something where you could mint as much as you wanted and nobody could know? [music] You think maybe a dev did that on purpose or do you think it was just a complete accident? Probably not [music] a complete accident. a dev somewhere probably wrote it in for himself [music] and he's probably been minting it and freaking selling it like crazy.

He's probably been making a crazy amount of money. Somebody [music] needs to go track those wallets, that's for sure. Well, if [music] they figure out a ton of people were essentially minting anonymously and stole a bunch of it. No, that's pretty much it. Yeah, I would imagine. Especially if it was a lot of people, you could plug the hole, right? But you really going to hurt confidence, right? Like confidence is going to be pretty rough in that. And then how do you know there's not more? How do you know Zcash doesn't have more problems? Because again, if you could do something that simple, and I'm not a developer, so I don't really know, but I would imagine that was done on purpose. It was put there by developers, [music] somebody real smart who who knew how to like hide

it, you know, so you can't really see it. That was not where I was trying [music] to go. This is where I was trying to go. All right, this thing looks like it's still under still under maintenance. The heist. I've never actually got to play that. But yeah, Zcash I was never never really a fan of it. I never really had any of it. So, personally, I don't see any point in buying it now. If you got money you [music] want to deploy, I'd just go buy something else, right? Why buy that? What are these? What is that? Oh, it's a loot box. Okay, it's not my loot box. What are these? More loot boxes. Apparently, I'm attacking something. What am I attacking? It's very interesting how I [music] found this game and it started getting way better. Like

a lot of developers [music] working on it and stuff uh right around the time I found it, which has been cool because I play games all the time that just never seem to ever be doing anything. I don't even remember what this guy was talking about. I want to go to this dungeon over here. The higher level dungeon. Oh, where did it go? A totem is required. Yo, they keep changing this thing. I don't even know what I'm doing anymore. Let's talk to this guy. There was a dungeon here. Forest totem. Totem piece required. Like, do I have this this quest? I don't know what that one is. It's complete. I thought pretty sure I already did this, but whatever. Yeah. No, they stole a bunch of it. That's pretty much it. Yeah. I mean, how much value did

they steal from people? How many people are holding just nothing coins? The money that was supposed to back it up is is gone. It's sad, but welcome to the Wild Wild West. Kind of reminds me of like the actual Wild Wild West when people went to California for the gold rushes and stuff. Like you could have gone and made it all [music] the way to California. Could have got killed by bandits on the way. You could have got eaten by [music] a pack of wolves. Welcome to the wild, wild west of DeFi, where at least if you get wrecked, you're probably just losing your money. Could be worse. An actual Wild Wild West, you got wrecked like it was like bandits took all your stuff. Hopefully hopefully you didn't get killed, but most likely. Talk to this guy. Not

the blacksmith again. Key mold. Bronze key. Simple enough. I got spare. Yada yada. Go to the anvil. Let's make a spare key. Let's go back somewhere. So, we made a key. The quests [music] have gotten a lot better on this game in like a short period of time. I don't know where like all this attention in this game came in cuz this game's been around since now I can't exactly remember, but it's been around a while, right? And they're just [music] now starting to like actually develop on it a lot. All right. The little wisp thing is kind of annoying. I guess I could just look up at the map. And I don't know, this game might be the height of DeFi gaming right now for sure. I don't really know of a better one. I know of other

ones, but I don't know about better ones. All right, we opened it. What is going on here? Oh, wow. This looks crazy. What is this thing? Going to find here. Crawl through the dungeon. Collect pieces. Running errands. How does it feel? I have no idea what he's talking about, but [music] it's another dungeon. I guess they like move the dungeon. Never played a game where like the dungeons like just change so much. They're definitely working on that main story line here. Do [music] really like do really like the fighting here. I think that there's a a high potential if they actually just keep going and keep [music] developing. This game could be really awesome. It definitely has some Pokemon vibe to it, but they actually [music] build like fight mechanics that are unique instead of just actually ripping off

Pokemon. That would probably not go over well. But as long as they do something unique with it, it could be could be dope. I mean, is anybody holding a lot of Zcash? [music] Did you get hurt by it? who got hurt by Zcash because it has dropped really hard. Hey, do we have enough to level this guy up? We sure do. Probably need to connect a wallet here. Next. Yeah, we're just rolling into what, an hour and a half. Is there anybody had anything they really wanted to look over or or can we just play some DeFi games? Everything dropped hard. Yeah, I mean, yeah, I wasn't saying it was just Zcash, that's for sure. Everything is definitely dropping hard, but I mean How many people have never seen it drop hard like this before? I've seen it do

it plenty of times and as I'm sure most of you have and honestly it doesn't really phase me much. Doesn't really shake me very much at all. Markets go up, markets go down. If you really think about it, the markets, although we had bare markets and we had bull markets, like it's been pretty much up only comparatively for Bitcoin and and a few other coins for sure. You got to remember Ethereum was how long ago was it? Ethereum was like five bucks, 10 bucks. Even now [music] it's up. So really a big takeaway too is I've said this before. We had never had a bull market in quantitative tightening before. And I think I think you see what a bare market or what a [music] bull market, sorry, in quantitative tightening really looks like. We need quantitative easing. We

need that back. Uh a lot of people argue a lot of uh economic stuff. I don't really care about none of that. All I know is that without quantitative [music] easing, it's going to be really hard to have those crazy bull markets that we used to have because money is not cheap anymore for people to borrow and play around in the markets with lots of money. Let's see. No, I hold none luckily. Hey, good for you. was just starting to gain some momentum though right before BTC decided to take a nose dive. And I again I don't I'm not going to act like I came up with it by myself. It was a video I watched by CryptoJ and he just really went hard on there being three, four serious types of resistance right at about 83,500 84,000, right?

And you have, [music] you know, Elliot wave and there's a lot of Elliot wave traders and stuff that if you look at it, you were just coming up on a wave, right? And there was a high likelihood you were going to get rejected from around that region. [music] Anywhere between like 81,000 and 84,000. You were going to get heavily rejected and you were going to get the next leg of the bare market. And I remember even saying it on the stream and people being like, I don't think that's going to happen. I'm just like, okay, I don't know if it's going to happen. [music] I never act like I know what Bitcoin's going to do because that's a losing game. But I certainly was open to the idea and I feel like whatever the more like trap scenario is

is a lot of times what happens. And so I had money I could deploy and I just I kind of sat on my hands to see if we got above 84,000. If we would have got above 84,000 and held 84,000 [music] for like a week or two or three really, I probably would have took all the money I had on the side and just dumped it into the market because I'd have been like, "All right, we confirmed a bull market. Technically confirmed a bull market." But that [music] didn't happen. And so that, you know, obviously tells me that we're probably going to go down to 55,000, 50,000, maybe 45. [music] If they're going after Michael Sailor, maybe we're going to 30,000, which would be crazy because everything else will be just wrecked. Absolutely wrecked. It's only going to [music]

be good for those who have money to deploy at that point. If you're just sitting on your bags, you're [music] just going to be waiting for them to go up. If you have spot bags, a lot of people don't even have any spot bags. I find that more [music] and more and more that uh a lot of people don't even have any spot bags, which at certain times can look really good, at other times can [music] not look so good. Like you could be a genius for not having spot bags, and you could be a fool for not having spot bags. just kind of depends on the period of time that we're talking about. One thing that I feel like although most people should know, got to always remember that inflation is crushing you if you're holding regular USDT.

all caught up on the chat. said, "I feel stupid for holding soul so long in Ada. I feel you, Cam. I hold both of those. >> I don't really feel stupid for holding them. I did get soul a little higher than I would like. >> I know that I can hold it. Well, I'm not going to say I know cuz that's not good language, but I'm I'm quite confident if I hold soul long enough, I'll be above water on it, and that's fine. ADA. I honestly don't I've held ADA for so long and I don't hold a lot of it that uh I don't actually remember when I [music] bought it, like what the price was when I bought it. I believe it's above water, but it might not be. It might be just kind of right there now

that we've [music] dropped so much. But that those are just not like my main focus bags. So, they're just going to sit there on a day-to-day basis. Like if you need all that money to pump so that you can like live and pay your bills, you're going to really stress it. If you're okay with being like, "Well, the bull market for altcoins did not go the way it was supposed to go. Nothing is promised and I'm just going to hold for the next market, for the next altcoin market that is." And that's what [music] I'm doing with a lot of my altcoins. And I'll be happy probably to sell off quite a few things that haven't performed well like Soul and ADA and uh get into things that I'm a lot more bullish on or at least [music] a

lot more convicted on have a lot better conviction on. >> Yeah, seems like Soul's getting out competed by Hype. Hype's got a lot more value than Soul in my opinion at least for what they do. I [music] mean, Soul's main value was like memecoins, and meme coins is like a bubble of any other kind [music] in my in my opinion. Like, they don't they haven't really figured out how to do good value. And let's be honest, some of them have, but when anybody [music] can make one, it just ruins it for all the all the actual good meme coins. You know, at least Dogecoin actually has a network and you can send money via Doge anywhere in the world and it's relatively cheap. Sheibba Inu at least has a DEX and a trading bot and this that and the

other. Faky has other things, a game. Like at least they have stuff. But like when some rando makes another random coin, they put zero thought into any value and then you multiply that by hundreds of thousands of people. They just suck the liquidity out of the room, right? >> Yep. I like that. Accumulate at 40k seems to be like hype, BVB, and near. And those are some that I've been I've been talking about [music] for sure. Um, I'd definitely be interested to see where Zeck's price is at at that [music] time. I' I'd love to scoop up some B&B. Like B&B around like 220, 250. I think it's going to go back to a,000 at some point. That's it's almost like easy money right there. Now, are are there going [music] to be other coins that are probably going

to be a lot bigger return? Probably. But they're also a lot less likely. You know, B&B will go up from 220, 250, assuming that's like bottom number, like the bottom of BTC market and stuff like that. B&B, I think, is always going to do well. It's got people behind it. I would be honestly not surprised if you never get to buy B&B at 220 250 ever again. If it doesn't even go that low. At the same time, I could see [music] it going that low for sure if we really go all the way to 40K. My hype short looking better than my soul short. Hype is also up probably more than soul. So, it's got farther to fall. Could I could see that. But I mean, hype was just up like I I don't know what it is right

this second, but wasn't hype up like at like 76 77 before it fell? So, what did it fall to? What is hype right this second? I know I read it earlier, but I don't I don't remember. >> Yeah, Sky [music] AI about to pop. price action. Sky AI could pop >> legitimate reason for it pumping and staying relevant over [music] time. I don't know if I dig that. You know what I mean? Like I don't really know if I really uh think longterm Sky AI is going to be popping. And then like that's what happens. Like a coin will be relevant for months, six months, seven months, even a year. and then all of a sudden it'll not be relevant and you'll never hear about it ever again. Then it might pump randomly like four or five years from

now. But I don't know, pop up or pop down. Uh I would say up if he's saying it's about to pop. Well, maybe not. It could go down, I guess. Like a bubble popping. Yeah, I'm not real sure. Blues guy, what are you talking about? Is going up or down? Make your prediction. Never financial advice, just Blues Guy's personal opinion. Sky AI has been interesting. [music] One of the most interesting to me kind of obviously pump and dumpish coin is Siren. Siren seems [music] like it has zero reason to even exist past being just literally a meme coin. I don't I don't know that it has any real AI or AI agent really built into it because when I go to their website and try to click on the AI, it never loads. It never works. And it's not

a virus blocker or something like that. It just legitimately like does nothing. Like the website's broken or something. And that just doesn't make me feel good about sizing at all. Also, it's branded like a meme coin as well. But it keeps pumping. So then it just kind of seems like there's people out there pumping and dumping that thing. >> Hamster says, "Good night, guys. Love Island. [music] Time for me." Hey, you have you [music] have a good time with the fam. Appreciate you coming to the Underground Crypto Deep [music] Dive Show and I'll catch you tomorrow, 1000 PM. 10:06. Huh. And the streams could be hard during the bare market or bearish times, I should say. I don't think we were always in a bare market, but we had a little bit of of up upward pump, but there's

there is just a little bit less bullish stuff to talk about. And the bullish stuff gets people excited. It's kind of like raising your crypto IQ, right? Like the bullish stuff gets people excited. They're here for that because they're excited. And the bearish time is when all the good buys are that when when you're bullish, you're looking at charts going, "Wow, this token was a penny. Now it's $5. I could have got so rich off of but you couldn't have got rich off of it cuz you wouldn't have been here. You wouldn't have looked at the coin. You, and I don't mean here necessarily on this channel, although I wish you were, but also like you wouldn't have been in crypto at that time. Like you wouldn't [music] have been looking at coins and looking for opportunity. You would

have been playing Call of Duty with your friends talking [music] about how crypto's garbage, not knowing that two years from now you're going to be on somebody's stream trying to figure out which coin to buy. Looks like a dead chart. Uh 86 all-time high.18 [music] right now. Oh, for uh Sky AI. Yeah, Scott AI was one I never I never there's so many coins, guys. And if you're I mean, of course, Green Fingers, Cams, the Blues Guy, you guys mess with crypto enough, you know, but uh you know, I I look at these coins all the time on the channel and uh very few to none of them ever get me uh feeling like they're really going to do something. And I tend to prefer long long term kind of buys and and stuff. And so a lot of

those coins do not strike me as coins that are going to be even cared about by the time we get to a bull market with altcoins [music] pumping in an altcoin season. Sky AI is probably not even going to be in the conversation at that point. like rave dao will probably be a distant thought. Sometimes it's really interesting what is relevant at those times. We have to make another key. Fishing rod right over there. That's where it went. Shouldn't be deep. Got to go retrieve their fishing rod. Why does it say I don't have a fishing rod? Oh, we got to fish the key out. That's kind of funny. Let's upgrade this guy. So funny. I keep spending this balance and then it just keeps going back up. I don't think we were making that much that fast. But

what do I know? They're really going to make me run all the way back to town to get my fishing rod. It's my fault. It's probably something I should probably have on me, huh? probably play out like 90% of most alts pump on being new projects with hype then slowly bleed with little relief rally. Yeah, that seems to be exactly how it goes and and some coins come out. I mean, look at Mega ETH. Not even talking about all the stuff that we covered when we kind of covered the project and compared it to Manad and everything that it's supposed to be doing, but it came out dumped. No relief pump, no anything really. Nothing meaningful on a large time frame. Maybe if you go to like the 15minute, you'll find a little pump [music] here and there. And

it could pump crazy at some point when we get some bullishness in the market for altcoins, but that could be a long time. And by the time that happens, there'll be other new coins that it has to compete with. You know, I made a real the other day talking about Bitcoin doesn't really have to compete with all these altcoins. All these all all these altcoins got to compete with each other. So, it's it's definitely a good thing to keep in mind. Now, does that mean you're always going to make the most money with BTC? I guess it depends on what price you get it at, right? Crash out. Get rid of all this other stuff. [music] Come on. Move. Get away from this quest here because it's not working. Cool. And all the way back to where we were.

But even with that being said, there's [music] going to be altcoins that pump like crazy. And sometimes you catch a good one. But a lot of times it just feels like there's [music] three altcoins, you buy two of them, the two you buy do nothing. The one you didn't buy just absolutely moons, right? and rinse and repeat. And then you buy, you know, then there's three more hot ones and you buy two of them. And if you buy all three of them, none of them doing it. It just a lot of times, and I know a lot of [music] traders from trading or just buying spot, like it feels like that. Like everything you buy does nothing. The one thing that you didn't speculate [music] on just absolutely rips to the moon and try to counter trade yourself. And

it's easy to feel like that. >> [music] >> That's for sure. You just can't get stuck in it because if you get stuck in it, then you won't do or buy anything. And if you're not going to do or buy anything, then you might as well just go what? Go trade you some stons. Go buy you some put orders, you know? Which whatever. That's what you need to do. There's no shame in that either. Not my cup of tea. Let me see bait. Come on, you're killing me. Why do you need bait for like goop? That makes no sense. Is that what we're supposed to be using? A lot of times I coast through these quests and I I don't read them because that takes a lot of time. that I don't feel like putting into it. Yo, what's

up with the bait? Like, isn't this say like fish raw gloop? I thought I was looking for a key. Fish the dungeon key out of the water. I'm fishing for a dungeon key. Why the [music] hell would I need bait? All right. And it's [music] pretty quiet out there again. Fair market vibes. We'll definitely be checking in. I'll definitely be saying what's up. I'll definitely be doing my live streams. I haven't [music] given up on crypto. If other people want to give up, they'll probably not be here when the market turns around. [music] They'll find out months later that the market's been pumping and they'll run back in again right before it dumps and did all the institutions and hedge funds, did they all sell all of their crypto? I don't know. Is that all public? I don't spend

a ton of time looking at hedge funds and what they're holding or selling on a regular basis, right? [music] On a daily basis. And obviously, they don't make it public until they have their recordings and stuff. I'm pretty sure you don't [music] see it on a daily basis than live time. So, my point there is very much, did they sell all their Bitcoin? If not, all of them are holding Bitcoin as it goes down. [music] Are they buying more? Are they trying to sell what they have? I think that would pretty much tell you everything because they're tapped in enough. They don't just think about what's coming. They they decide what's coming in the next year, two, three, and they have much longer time frames than any retail [music] is thinking. But with that, you know what it is.

Stay on the ground. Stay crypto. I hope you guys enjoyed the show. It's been DeFi Friday. We [music] hung out, played some DeFi games. That's what it's all about. We'll be wrapping up this series about chains you're probably [music] not familiar with. Tomorrow, and I will catch everybody at 10 p.m. tomorrow. Thank you for the undergrounders who came to the Underground Crypto Deep Dive Show. Underground crypto out.