Daily Crypto IQ: Crypto Gaming Needs Invisible Ownership! 🎮🔥

[music] >> A thing that we just holding on to something. >> [music] [music] >> A thing that we just holding on to something. A thing that we just holding on to something. >> I think that we're just holding on to something. I think that we're just holding on to something. Just tell me what's on your >> [music] [music] >> Let's go. Welcome to the Underground Crypto [music] Deep Dive show. Shout out to all of my undergrounders. It is D5 Friday, one of my favorite streams of the week. But don't think we're not going to take a look at what's trending and everything that [music] is going on that we can find across the crypto markets. We're up, we're down, we're down, we're up. [music] How's everybody feeling out there? Let me switch it over so you can see what

I see here and me, of course. Hey, there I am. What's up, everybody? Back with the glasses. Do they make me look smart? All right, guys. Welcome to the Underground Crypto Deep Dive show. We've been starting off on the TradingView. And here we are back at the 4-hour chart. And it's been doing all kinds of things. Of course, we had this nice W or double bottom, slanted double bottom. And that really started to fit. We were projecting this, you know, continuation to the downside pattern here. And we had a nice W that played out. We're up on a higher timeframe, which I like to do. Started to get that breakout and then it just crashed [music] down. Then it was like we fell back in the pattern and then it was like it just continued and maybe we were

starting to get this leg here. Now it kind of looks like a bearish retest of the pattern in the 4-hour 21. Do we Do we just rocket from here? Is this a cup and handle? You know, are we getting Are we getting the cup in handy? Time will tell. Right now, I'm not trading a lot and stuff, so I'm not speculating real hard on any of this stuff. But of course, if you're just rolling in here, smash that like button for me and welcome to the daily crypto IQ-raising stream where we go deeper into topics that'll raise your crypto IQ. This week the mini-series has been all about cryptos' next utility wave. Last week was all about the invisible crypto upgrades. This is a a great compliment to that to that series that we did last week. Wednesday, we

talked about stablecoins being the money layer. Thursday, we talked about how stablecoins as cryptos' money layer Sorry, Thursday we talked about tokenization in traditional assets moving on chain. That was Wednesday, of course. And tonight, we're talking DeFi gaming, one of my favorite streams of the week. The whole idea around the DeFi gaming is one, I love DeFi gaming, but two, it's still crypto and on Friday nights a lot of people want to cut loose and hang out and maybe you don't want to go to a bar. Maybe you still want to be with like-minded people, right? I don't know about you guys at this point unless I'm with like literally one of my best friends or something like that, going to a bar is so boring. I go, I hang out for an hour or two. It's boring. I'm

not with people who are like-minded and uh it feels like a giant waste of my time. So, I very, very, if ever, rarely do that anymore. How about you guys? How are you guys feeling? Kamsta in the house. Welcome in. Welcome in. We got Melissa. We got me commented in there. We got Struggahart. Struggahart, you won yesterday's giveaway. Uh I haven't heard from you. Let me know how I can get you that $5. So, we're looking at cryptos gaming as the digital economy layer. Gaming is one of the easiest places to understand both the promise and the problem of crypto. I love that. I'm going to say it again. Both the promise and the problems of crypto are very relevant in gaming because players already understand digital items, right? [music] That doesn't really need to be said. They understand

a lot of that stuff already. In-game currencies, digital items, it just makes sense to a gamer. Now, we need to make it a reality where they don't feel the blockchain constantly for everything. 333, Chris Goss in the house, my fellow lifer. See, quote of the day is that people don't buy technology, they buy better experiences, right? They're not buying the technology necessarily. It's not what most people really care about. What they really care about is the better experiences they're going to have and the benefit they're going to get from that technology. And you may not know this, but one of the biggest problems in blockchain gaming has been onboarding and the user experience. You probably do know that, though. So, Blockchain Game Alliance has discussed that blockchain gaming professionals often point to the onboarding and UX as the major

hurdle here. Industry conversions have increasingly focused on Web3 gaming, making it feel seamless as web 2 gaming and I think that they have quite some distance to go. Again, we are taking a look at the 4-hour chart here. I'm just giving a minute for everybody to run in. Let's go to LAB. Take a look at LAB here. We did have Look at that. You You can't make this stuff up. We've had this daily uh Fibonacci pulled here for a while. Probably when we started to go We were probably pulled this fib somewhere around in here. And look at that bounce off the 786 and you had another one right there. Those are Those are like mirror image. And who knows? Maybe you're getting ready for this big M. Right? Or maybe you're about to do something like this and

blast off. It's always so hard to tell. You know Bitcoin runs the game. What else would we like to take a look at? I'd like to take a look at that mega ETH. Just something I'm keeping an eye on. Just to see when I want to [music] time that great entry. And hopefully it does something. Really looked like it was going to start doing something here and then it just got rejected by the 4-hour 200. Then it got rejected by the 4-hour 200 again, not closing any candles really above it. And we're just hanging out down here. Does look We will see what happens. Now, let's bounce over to the crypto bubbles. Where we really kick this stream off. And as you can see, LAB is the big loser here. It is -26.5%. Let's see. Cams just says, "Gave

up drinking 8 years ago, but I'll go to like a comedy show or something. Still fun to go out every once in a while." Yeah, I agree with getting out for sure. And uh comedy shows are great. You don't got to drink for those. Those are still fun. Yeah, I can't hang out with you folks these days. I enjoy being alone most of the time. And then Campster says, you hang out with us almost every night. He He's got a point there. I'm not talking about you guys. You guys are fine. I mean the people I have around me here where I'm at, especially at work. So much negativity there. Yes. It's a hard thing to learn. And it My best advice is you don't have to cut people out of your life like and never talk to them

again. Like you don't got to be like that. You just limit exposure to the negative people. And they invite you somewhere, you say, "Hm, I'll go I'll go somewhere and hang out with you like once every 3 months, but it ain't going to be every weekend." BEAT is up 13.4%. DXC up 7.7%. Aerodrome, I love to see Aerodrome doing something up 9.3%. But if we took a look at it on the yearly, bit of inverted head and shoulder, maybe. But for the most part, it is down. Let's take a look at our 1 through 1,000. I like to look at the percentages here. Looks like our highest is 4 to 500. It's only up 1%. Nothing amazing to report there. But BTC was getting a little bit of a pump, right? So, EGN up 14.9%. 9bit, that's a Bitcoin

DeFi, up 15.9%. This O1, this new exchange, it's up 44%. It's been crushing it. See, it doesn't even have a weekly yet. On the daily, it's up 50%. It's been up 50-60% a couple of times here. I think it was up 1,000% the day it came out. So, that's one to keep an eye on. This BTW, again, also called Bitway, also Bitcoin DeFi. It's just been up and to the right. [music] This thing is running. Is this going to be, you know, something comparable to a run like we had with Bitlab or VVV, something of that nature. I don't know, but it's crushing it. On the month, it's up 639%. I never get too excited about Bitcoin DeFi, but maybe this is the one. Maybe it's going to be different this time. Anybody ever heard that kind of language?

And shout out to Melissa. Yes, we're glad to have you, and this is my tribe, but that's for sure. Velvet, 11.8% to the upside. UB or Unibot is down 30%. Unibot is not doing so hot lately. I I feel like that's somewhat concerning. Does Virtual looks like it's going to go up? I don't know, we can take a look at it. In just a moment. And shout out to anybody who doesn't know, we have a goal every night of hopefully hitting those five super chats. $2, the lowest super chat you can send is $2, and those count, too. If we could hit that five super chats, that would be amazing. If you guys could say, "Hey, we we appreciate all the time and effort you put into this stream so we could show up and enjoy it." That would

be the way to do it. Meteora, 44% to the upside, taking off like a meteor. And it is a Solana decentralized exchange that I didn't realize didn't have a coin for a long time, [music] and then like a couple months ago, it actually had its token generation event, and I was really surprised cuz I never realized that they didn't have a token. But yeah, this thing just ripped 44% today. Well done. Mega. We know that one. It's down 8.9%. [music] ORDI, RIF, Kamona, Knock, which we know to be in the Base ecosystem. This uh two to 300 seems a little more even overall. Zama up 5%, Siren up 4%, GMX. I was looking for one you might know, Qubic. And let's go ahead and move along to our rundown of the prices. 2.26 trillion up 0.3% in the overall

market cap of all crypto. Bitcoin 63,500 and or sorry, 450 dollars. Let's just refresh it, maybe I'll be right then. Hey, look at that, 63,521 dollars. How did I know that? And we're refreshed here. Oh, we're actually up 0.5% now on [music] the market cap of all crypto. Ethereum hanging out at that 1,700 1,708 if you want to be real specific, up 2.9% in the last 7 days. Struga heart says, "Glad it's the weekend." Yeah, I think we all are definitely glad it's the weekend. BNB 581 dollars. XRP $1.14. Solana $69.73. Hyperliquid $69.34. Very, very close. See what the market cap here. Oh, very different market cap. Four [music] short. All right, Dogecoin low 8 cents. Zcash $472 up 15% XLM also up 15% to 21 and a half cents. Cardano 16 cents. Can't network, we were just talking

about Cardano the other day with uh being close to $3 at one [music] point. What happened? Can't network 15 cents, Chainlink $7.90. Uh apparently we're not going to call it Ton coin anymore. Apparently we're going to call it Gram. It's $1.60, it's down. >> [music] >> Lab chilling here at number 26 by market cap, $13.17. It's up 33% in the last [music] 7 days. Meme coin still under $3, $2.88. I think I'm still up on my purchase, about $100 worth of meme core at one point so I could stake it and it's still staking. I'd actually like to go go check on that real quick. And welcome to Memex, which is like a Web3 version of Twitter if you don't know. I don't know if scrolling down here is safe. They've cleaned it up a lot. I started using

Memex like when it first came out and it was just say there were stream girls and stuff trying to advertise on here. They they cleaned all of that up. Just people posting whatever, you know, soccer's important right now. It's supposed to be. I don't know, I'm American so I want to see how long we got left on this. So, we've been staking. We got 17 days left and I think we staked for 90 days. Yeah, I think we staked for 90 days. Now, of course, I wish I would have did the 180 days, but that's okay. I can do that next because I don't think it will I'm going to be trying to sell any crypto anytime soon. And SWE, 71 cents. Definitely want to grab me a bag of SWE. That would be awesome. Avalanche, $5.93. Then we'll

go down and see where Flare is at. Even though I haven't seen the king of Flare around here lately. Uh 87 by market cap. Good old Flare. Oh, wait. We need to go see our highlights. What is trending in crypto? And before we even do that, it just really wouldn't feel like a DeFi gaming Friday without at least playing one round of Panzer Dogs for you guys. Now, we are going to dig into some other games tonight. I was excited about that. Some of these DeFi Fridays I really have the time and energy and [music] you know, Melissa blesses us with things to go we'll at. Other times we just kind of hang out and play the games we already have. Because hey, I got a lot of progress I need to make on Sunflower Land. And I've talked

many times I think Sunflower Land is a really good example of this where it's really interesting. People will really like you know, crap on like a simple game like Sunflower Land or something like how you know, it's maybe more I don't really unders- I don't really know. They say it's comparable to like a web3 version of um Is it Animal Crossing? I don't know what it was. It was another like farming type game that I I never [music] actually played so I don't really know. But anyways, I just find it really interesting what games and game styles you have on like mobile which are very simple and and a lot of times not the most exciting games but people play them. I mean Candy Crush was like one of the number one games for the longest time. Probably still

is high-ranking as far as games go. And then like they'll crap on a simple game because it's DeFi. Oof. Hold up. What is going on? I need to figure out why my computer's not getting any power. Hold on everybody. Who's out there? Who can hear me? Throw a 111 in the chat if you can still hear me out there. I had to check OBS. Okay, we're working. Sorry guys, my computer is dying and not getting any power. And if I don't deal with it now, we're going to be in trouble. I'm so lost. Why am I not getting any power? All right. This might take me like 1 second. Don't anybody go anywhere.