HEX, PulseChain & PulseX: Bull Case vs Bear Case | Daily Crypto IQ

[music] I never knew it. >> [music] >> Oh yeah. I never knew. Hey, [music] hey, hey. [music] >> [music] [music] >> I think that we just holding on to something. I wonder I think that we just holding on to something. I think that we just holding on to something. Just tell me what's on my >> [music] >> Heat. Heat. I think that we just holding on to something. I think that we just holding on to something. Just tell me what's going on. >> [music] >> Let's go. Welcome to Underground Crypto Deep Dive Research Show. We are back with a another episode. It's another day. It's another stream. And we're here not letting you down in a bare market. Uh at least I perceive it as a bare market. you perceive it as, whatever you want to perceive it as.

Welcome in. Welcome in. You know what the series has been about, I hope. Hopefully, you've been here with me this week. There I am. It's good if I'm on screen. This week has been very much about PulseChain, Hex, T-shares, you name it. That has to do with the Pulsechain community. How Pulsechain was launched, the copy, the fork from Ethereum. I've learned a ton. Remember, we we deep dive and we research together, guys. This is not about me sitting up here being like, "Look how smart I am." Some topics I'm highly researched on and we're going to hit topics. It's crypto. There's so many coins. There's so many networks. There's so many different things that we could talk about from AI agents to, you know, data protocols to you name it. There is so much stuff. I could go on

a long tangent, but I'll save that for you. Uh we'll save that for another time. But anyways, what I really want to point out here on the 4hour chart for Bitcoin, which I love to start the stream with, is that we are above the 200 day moving average. That's the red line. I should probably really clarify that this red line here. Obviously, these other lines are other moving averages, but I have the red and the white like magnified with the blue. So, the red is a 200 day moving average. It's 200 candles averaged into a line. the the white, same idea, but it's 21day moving average instead of 200. And then this blue is a smoothed moving average. Really, all you got to worry about is the red and the white. Let me make sure I have the chat

up. I don't even have the chat up on my phone. What am I doing? You could tell I was rushing rushing to get everything where I wanted it and get this stream launched. Turn this volume down. You don't need an echo. All right, there we go. GM Gang says, "Prime Minister, thank you for everything you do, Prime Minister. You have no idea how much I appreciate you. I really do." Also, Melissa, thank you for all you do. Thank you for being a wonderful mod and posting those links. I need to pin that link real quick. We're still kicking off this stream. I'm not sure what'll happen if I try to refresh this. Uh, Melissa, is there any chance you could post the link to the Discord? Again, I know I'm asking a lot. I apologize, but again, what we're

talking about this week is Hex and all of that fun stuff. So, let's set it up cuz Saturdays is the finale. We had a bunch of fun yesterday. At least I know I did on that DI Friday and we got lots of cool DeFi games to play now. But this week, we've been talking about Hex and PulseChain ecosystem apart. We've been taking it apart, you know, one layer at a time. We mapped out the relationship between Hex, PulseChain, Pulse X. We explained Hex staking, T-shares, which was it was confusing, but it was also not confusing. It kind of depends on if you have any experience with liquidity pools and staking liquidity providers. If you have any experience with that, it wasn't so bad. If you've never provided to a liquidity pool, you've never heard about impermanent loss, then it

probably was a little bit more complicated. Again, everybody's crypto IQ is at different places, right? And so, we very much want to accommodate everybody. We're a big crypto family, I [music] say, even if we're a small upcoming channel and we are up and coming. We're just in a bare market. So, we examined what PulseChain copied from Ethereum, how Pulse X generates fees, and how bridges and stable coins change the risk inside the ecosystem. Tonight, we're putting all those pieces back together that we broke down. all those layers, we're putting them back together. Uh, and this will not be like a promotional victory lap, right? And it will not be an automatic dismissal of everything connected to Richard Hart. We are building a bull verse bear scorecard, if you will, using measurable evidence to the best of our abilities. Is

the network functioning? Yes. Does the functioning automatically mean adoption? No. Is liquidity present? Yes. Does that prove sustainability outside demand? Not yet. Our job tonight is to separate three different statements. The ecosystem is alive. The ecosystem is improving. And the ecosystem has proven a lasting comeback. Those are three different things. And we're going to break that down. Those statements are not interchangeable, aka they're not the same thing. And by the end of tonight's class, we should understand the strongest argument on both sides and what exactly the evidence is that we should move to look at for the final verdict. Verdict. Well, that didn't come. Verdict. Verdict. Got to get this right. What's up? Am I frozen? Okay, we're good. I just got a phone call. It's an important phone call. Let me take a look at it. I appreciate

you doing that. I think I only have moon bags, so I'm not super worried about it bonding right now. I'll have to set up my Jupiter wallet later. Anyways, for my regular viewers, don't you worry about that. Our quote of the day is facts are stubborn things. And that actually comes from John Adams. John Adams. Facts are stubborn things because they they don't necessarily change when you want them to. I see you did that pin post for me. Let me go ahead and link that pin post because then I'll be referencing it later and it won't be there. Do I sell the rest of my moon bag at bond? That is a question. I don't think so. I think we're going to let it run. Anyways, my favorite segment to kick off this stream though, tell me what your

favorite segment is. Tell me, do you like the way that we bring in the intro where I got the 4hour chart up in the background and I kind of give a rundown of everything going. Tell me what you think. Uh, Shark Frog about to cook at 27K. I believe you. I believe you. It's frog season. It absolutely is. If you know anything about pumpf fun and stuff for anybody else watching, uh it's frog season now. It changes that [music] meta that meta data. Uh what you may not know though, back to PulseChain and and and launching the show, it's Saturday night. It's a combination between like DeFi Friday and then the wrapping up of our regular stream. So bear with me. At this time in the show, we prepared that PulseChain has approximately 75.3 million in DeFi total value

locked, around 33 million in stable coin value, and approximately 7 million in 24hour decentralized exchange volume. However, 7-day DEX volume has declined about 27% from the preceding period. That is a mixed signal, right? Capital is present, but trading momentum recently softened quite a bit. And that information I'm pulling from DeFi Llama if anybody is wondering how I'm getting that. So, PulseChain Explorer was reporting approximately uh 453,000 daily transactions on an average block time around 10.4 seconds. That proves the network is operating. That's the point there. Don't get overwhelmed by the numbers. But transactions do not automatically equal individual user or economical value activity. And we're trying to separate those two things. And a live validator dashboard listed approximately 46,800 active validators, which is quite a bit of validators for PulseChain. That is evidence of an operating proofofstake network. Right?

Although validator count alone does not tell us how ownership and control are distributed. Let's go ahead and kick this thing off. Let me get you over to the cryptobubbles. That was what I wanted to tell you before we really launched tonight's stream. Where are we at? There we are. Cryptobubbles. Who else is here with me tonight? Say hello. I see that there's a few people here. Definitely say hello. Let us know that you're with us. Uh let me know that you feel who here feels like they're a part of the underground crypto family. who who who wears that badge with some honor. Drop a 111 in the chat. Let me just see who even will interact with me, right? Cuz I don't know if people figured this out. Maybe you watch bigger channels and things like that, but YouTube

is all about you guys. It's all about the viewers. Uh some people get on YouTube and they they get really confused and they think it's all about them. And maybe at some point you get so big on YouTube that I guess it's about you. But I don't I want to stay sober. I want to remember that YouTube is really all about you guys because it is. Let me uh make sure I got that chat where I can see it. Melissa says, "I'm here. Dev is good. Last coin uh uh shark cat went to 1.7 million." Well, then I think I'm going to just hold on to my moon bag. I think it's valued at like $4 right now, which is a good moon bag for what I started with. Definitely in profits, profits locked in. Moonbag operating as a

moon bag should. And uh very tempted, of course, to sell it at bond because of how often it dumps. But that doesn't really do a moon bag any service, does it? says, "I'm here." 111. Nice. A prime. At a prime. Let's hope. Oh, at prime. Okay. Yep. Let's hope this one goes to I hope so. I hope it goes to 1 million. Let's to take a look at those crypto bubbles. Let's see what we're getting oursel into tonight. Let's toggle that one through 1000 breakdown. For me, this is one of the easiest ways to take a look at the overall market. Overall market looks pretty good. Let's see. 3.8% uh to the upside. Everything green here. Wow. 8 to 900 7.3%. Usually in these lower categories when you see a high percentage, it's one coin. And to prove my

point, let's do it. Bam. It's one coin. No, I did not look at this [music] part in advance. This is a stabler euro or something like that. It's some kind of supposed to be a stable coin. Here's the crazy thing about stable coins. They're supposed to be stable. And this actually just says stab LR stabler euro. Uh, it's up 500%. I don't mind my I don't mind my stable coins going up 500% if I'm holding them. Uh, but I really don't like when they go down 500%. Or any percentage for that matter. Uh, it says, "Cool, cool, LFG. Good day today." Yeah, I needed it. I needed a good day because I've been getting a little rinsed. I'm glad that when we were talking today, Prime [music] Minister, we kind of you kind of relayed out what we were

doing or our strategy. You relayed it out for me and that helped me a little bit cuz I was getting a little bit off on [music] what I was doing in my timing and things like that. Also, I noticed you take your initials really early. So, since it's mostly us hanging out, I'm just going to ask this real quick. when we get in a coin, right, and uh it pumps and you take initials. I thought you said to take initials when you're up 2x. Maybe you're getting in way earlier than me. I guess if you get in at like 7K, 21 is like a 2x for you. But I I swear we'll get in at like 7, eight, maybe 9 10k and [music] then we'll be up we'll be up like 15k 16k. So, not even a full 1x

and then you'll you'll take initials. So, that I think that's where I've been messing up is I was not taking initials [music] that early at all. I was trying to hold out for like, you know, a 200% increase. Anyways, let's go ahead and get back to what we were doing. 1 through 100 beat is uh up 48%. It must be huge over in Asian market because I really just don't know who cares about beat. But maybe I'm just out of the loop there. Haven't been to an arcade in a long time. Let's put it that way. If you know what beat project is about, BTW has been running. So to have like a 13% pullback, no big deal. Tow up 6%. Curve Dow up uh 6% basically. Pump up 8 8.3%. I don't own any pumpf fun coin. How

about you guys? Anybody own some pumpf fun coin? I probably should have a long time ago. [music] And uh Canton Network was what's what's it at? Still under 10 cents. Really hoping to see that thing drop under 8 cents. I don't know why I picked that price range. There was a reason at one point. Cash Cat up 32% to 124.9 million. There was a couple other coins that were doing well over in the Robin Hood ecosystem. Eex, Hex, Pulse, all having pullbacks today. I mean, they've been pumping, but for a lot of projects, they get a little pump, they give it back. They get a little pump, they give it back. Sometimes they give back more than they pumped. And so, I see it a lot for Pulseex and Hex and [music] stuff. When they do get a little

bit of pump, they don't ever really seem to hold it. Maybe I need to pay better attention. Sky AI up 12%. Pith Network up 8.7%. It's a good thing I do this show every day because, you know, keeping track of everything across crypto is one heck of a task. It really is. All right, so let's see what Prime Minister's got to say. He says, "Yeah, protect the capital. That's how you win. 7K two times is 14, right?" Right. But if you got in at 7K and you only go to 14, you're only up 100% or a 1x. Correct? That's where I think I was getting confused cuz I was looking for a 2x before I take initials, right? So that would be 21K and then I would take my initials out. So when you're up two times the amount,

for example, if you put seven, your initial is seven. When you reach 14, sell half. That's how you do it. I used to hold pump coin. Uh, made profit off of it. Well done. Cash at Cash Cat, I think you believe, is up. Well, Alain users supposed to airdrop that pump token to users of the platform. He didn't. He burned supply instead, and insiders are holding large percentages of the token is cooked. Well, I'm glad that I don't own any. Sounds like treachery. Um, it honestly it sounds super on brand for Pump.fun. I love messing around over there. I'm not trying to talk too much smack about the about the trenches, but like we talked about earlier, it's the dystopia land of of whatever anybody wants to do. Tut up or Tut is the ticker. Tutorial is up 240%.

I'm going to have to go take a look at this because I don't think I've really looked at this and it [music] just keeps pumping. Bico or Bcon economy which we have looked at before is up 26%. So we've got some pumpers. We've got a little bit of a awakening awakening in the market. We got Kea up 20% and Arc or Circle up uh or no this is AI rig complex not not circles project. Anyways it's up 20%. Let's move right along [music] and let's Lumina if you know you know. Matter of fact I'm going to back up real quick. Just want to point this out. This is the power of tokconomics. Now, don't hear me wrong, but hear me, right? Don't hear me wrong, but hear me. This is a cool token and the fact that the game

that is associated with it is pretty cool. And the token itself is needed for the game. There's even a perk. If you hold 10 Luminina, which is a little less than $20, you get like a daily reward. So, there's a high incentive to hold it, and there's no real reason not to hold it. So, there's that, right? But my point isn't isn't even that from the DeFi Gaming, right? The the Here, I'll show it. It's a Pokemon like classic here. It's Lumina.gg, right? I'm not going to play it or anything like that. [music] It's way too early in the stream for that. Maybe at the end. And up here, you'll see you have to hold this Luminina balance. Actually, hey, it's my show. I really need to do this real quick for this game. I totally forgot today. See

how this has like a exclamation point? Because I hold 10 of these, I'm able to grab an item. Now, I may get a crystal, which I have to put in incubator, or I might just get a random item. Okay, I got a prism heat stone crystal hatcher. Okay, I have absolutely no idea what I'm supposed to do with that. But my point is that there's a high incentive. Like, understand what I'm saying here. There's a high incentive to hold 10 or more of these Lumina. And I think there's rewards for even higher. If you have a 100 Lumina, you're able to get into uh the VIP. All right. I don't want to waste too much time on it, but uh there's there's incentive to hold this coin. I know I'm getting off on a tangent, but I just for

for somebody out there, they might understand what I'm saying as far as the opportunity here. it. Uh, and I'm going to get to what you're saying in the chat, Prime Minister. I'm I'm not getting that distracted. Anyways, market cap well under a million. Basically half a million. Max supply. This is the sauce here. Max supply only 500,000. It's a Salana coin. I do like that it's not a pump. Funcoin, but that's neither here nor there. It's a Salana coin, right? And it's Gamefy, and the game is actually good. So, there's that. I've tested it out. I've put some hours. If you don't put some hours behind one of these DeFi games if they're absolute garbage, I'll tell you that cuz you just can't stand to do it. Anyways, the point is there's not a lot of money in it.

There's a very very very very small max supply. It's like it's half a million. [music] I mean, there's not a lot of coins with this small of a supply. Like there's some small coins that are like a million or three or four million, but I don't know a lot of coins that have like 500,000 max supply. That is super bullish. That's how Think about this. I know we're spending a moment on this, but this is super important, guys. When it comes to just all of crypto, I say all the time, I want to raise your crypto IQ to make you a better speculator in the market. That's through education, not giving you financial advice, right? Opening your eyes to things that you may not look at. Token tokconomics is one of the number one here, right? because things can

be great projects with great leaders and great everything everything great but the tokconomics are garbage and therefore you watch them just not pump just not go up and there's a lot of reasons I'm not going to get into about that but my point is that's how you get a$181 per luminina with only half a million in a market cap you you know coins like Cardano Cardano is at 20 cents there is billions of dollars in 20 cents Why does Lumina have a higher price per unit because of tokconomics? All right, so if you understand, you understand. I'm going to actually move on from that because I don't want to harp that to death. But I do definitely want to raise that crypto IQ. Let's see what uh Prime Minister is telling us here. No, 7* 2 is 14. If

you put seven and turn that into 14, it's a 2x. So initials is multiplied by two. Up 100% equals up 2x. Same formula. If up 50% is 1.5. Okay, I see what you're saying. Yeah. Yeah, I said that all wrong. Yeah, you're absolutely right. I don't know why I said it the way I did. I know you know math, but one times one is always one. So a one x is a 0%. That's how uh every trade starts. Yeah. Yes, you are absolutely right. I I don't know why I said that like that because then at uh at 21, if you got in at 7K and it went to 21K, you'd be up 3x. Anyways, uh Bitcoin is at uh 64,800. Let's refresh this. Make sure we got good numbers. 64,800. Overall market cap 2.28 28 trillion or 7%.

Ethereum 1,914. BNB making it over that 600 number. It's nice to see so much green on the 7day like decent percentages for these big market cap coins. That's good because they lead the way. If Bitcoin doesn't pump, normally almost always nothing pumps unless it's some super obscure [music] tiny little coin with with like a, you know, just got launched two days ago. Anyways, uh XRP a4 still holding a dollar. Salana $75.88. Hyperlid $55. Still down quite a bit. Might say it's up 5% in the last seven days, but go look at what Hyperlid is for like the month. Dogecoin 7. Uh Cardano hanging out at just barely under 20 cents. I had just mentioned it. You know, why is Cardano at 20 cents with a 7.4 $4 billion market cap. That's tokconomics. Uh Zcash $514 up 10.7%. So Zcash

getting a little bit of love. Monero about half of that love up 5% in the last 7 days. 380 bucks basically. Chain Link $830. XLM 16 down 4.2%. Uh Bitcoin Cash $215. [music] Toncoin or Graham $1.35. Hecanton network 009 [music] or down 18%. And Hideera 006 um yeah almost 7 cents usually the same as Dogecoin basically. All right. What else do we want to look at here? I like to look at meme core. Where is it at? A $114 which is basically where I entered Memecore. So I'm at break even. I only ever put $100 in and I'm in it for the long haul. Let's see what happens. $100 not a big deal in a crypto coin. Let's go see what's trending though over on Coin Gecko. It is a Saturday night. It is a little bit of a

later stream. I'm glad to have 12 people in here. Says exactly you got it, bro. Thanks, man. I appreciate you saying that. I don't know what the heck I was saying. I don't know why I went with uh [music] you know a 1x or cuz a one hex being like a 100% increase. That's what I was thinking. But that's when you get 100% increase. That's a 2x. I don't know where I was going with that. I want to look at this coin. Tutorial. Tutorial just like uh like prime minister would say, crime. It is just going. Maybe it's not that bad, but it is moving. It's up 13,500%. What in the world is it? Again, talking about tokconomics, there's a billion max supply. [music] And I didn't even go this far with that other coin. I like using that

other coin as an example, but I have Goss. I have several other ones that I could show you. Matter of fact, there's some deep diving with Gnosis that I need to do. Um, a billion max supply, but those billion tokens are not out. There's 833.6 million out. pretty close to fully vested or fully uh circulating but not 100%. More like 80%. Right? So market cap is 108 million and the coin is 12 cents. So think about that. Took $108 million to get each unit to be worth almost 13 cents, right? [music] 129 almost 13 cents. With such a high circulating supply, if there was $500,000, this thing would be at, you know, $30, $40. I'm just guessing, but it'd be way up there. It wouldn't be under a dollar. It's got a B&B contract. It is a meme. All

right. So, it's a B&B meme. When are we trenching over on B&B? Yeah. In basic math, we multiply 7 * 3 for 21. It's confusing. I understand how it got you. Yeah. Well, enough of doing math terribly on on live YouTube. It happens to the best of us. So, let's see. AI meme, AI agent. Oh, a four. Meme ecosystem. That is very uh BNB. That 4 meme. There's the website. That's what I'm looking for. Tutorial token. Ah, I think I remember this one. Yeah. I can't believe this pump so hard. We knew I knew about this coin a long time ago. Real OG tutorial token is Tut. A year ago, Dev recorded the first tutorial for B&B chain and how to launch a token on B&B, right? So, they made this coin as a tutorial of how to launch

a coin. And this is the tutorial coin. That is some fire lore right there to be like the OG test coin um for B&B. So, I get it. But it's up now. like I wouldn't really be too interested in [music] running into it now with a 108 million market cap. A lot of room to dump on you. And and here's the thing, too. If like you see how hard this thing pumped, let's go to the last seven days or really 24 hours. You see how hard this thing pumped? If you buy up here, don't be surprised when it retraces 50, 60, 70, 80, or even 90%. because you're buying the top. People get confused about that. All right, let's go back [music] to highlights. See what else is trending. So, now that I've broke down tutorial for you, so

you know what it is. Maybe you get it, maybe you don't. So, Pudgy Penguins, Cash Cat. We've talked so much about Cash Cat. 73 million% to the upside at one point. Ridiculous. Stonk Broker, another memecoin, Fake World Asset. I like that. I like that a lot because we talk about real world assets a lot. Fake world asset. All right. I see what they're doing. It's got to be a memecoin though. Where is it? Let's see. Is it pumpf fun? No, it's Ethereum. FWA.F fun. Are they saying like memes are a fake world asset basically? Let's go check this thing out. Is it a launchpad? It sure looks like a launchpad. We got crypto punks and all kinds of different things. This is an Ethereum project. So, fake world asset. We're talking about NFTTS here, I guess, not not memecoins.

It's pretty funny though. I don't really live in the world of NFTts. If I hold an NFT, it's because it's a project I really like and they have some kind of NFT that's like for utility within the project. Totally different than just trying to buy and flip and sell NFTts. This is not the environment for that in crypto right now. But best of luck to uh FWA. Let's see where it goes. It's at 22.6 million right now. Salana, Ethereum, BitTensor, Pi Network, Uniswap, Internet of Things, Rave Dow, Pump Dotfun, uh Bitcoin, and Bconomy. Let's touch on Bconomy a little bit cuz a lot of people probably don't know what this is. 69.6 million, call it 70 million, a billion max supply. A billion circulating supply. Notice how the circulating and the max are the same number fully vested. Terminology

can be highly important, but don't don't be confused that terminology automatically means super complicated. Interoperatability is a pretty long word and for the average person honestly probably intimidating to spell interoperability, but you don't need to spell it. You just need to know it means things work together. Cross ecosystem, cross borders. And uh there you go. Now you understand a deeperness in crypto when you're reading different websites and stuff and you take the intimidation out of it by just knowing some terms and things by economy. I haven't talked about that in a while. So add limit orders to chain apps. The smart wallet and execution engine for high performance DeFi and autonomous AI agents. Enable guard rails. Access deep liquidity and automate workflows. Melissa says, "We are live every Monday through Friday, 8:30 p.m. and Saturdays is 10 p.m. because

we don't want to conflict with the lifer stream on a Saturday. Battle tested infrastructure for onchain applications. 70 million [music] process multi-chain swap and trade engine. There you go. Add agentic policies. add automation. So, smart wallet execution engine developers would love stuff like that. Retail doesn't even understand what it does by economy. Welcome, welcome, welcome in. Let's go take a look at that fear and greed index. Let's refresh it. I don't know if it's still at 31 right now. Saying that it is still at 31. Hey, that's a move in the right direction. Again, with the fear and greed index, everybody wants to go to extreme fear, have a bull run overnight, go to ridiculous price, but like you're most likely, if we went up that [music] fast, we'd come down that fast. You most likely wouldn't hit the

buttons fast enough and uh you would you'd most likely still not make any money even though things went to crazy pump. So, my point here is we want this to slowly go up. We want the prices to slowly trend up. We don't want huge pumps and huge dumps. All right? If we have nice pumps, we want retracements. If it goes up, you know, if it goes up, you know, double the price of what it was. If something's 100,000, it goes to 200,000, like let it retrace 50 60% and then go again. That's healthy market. If you just pump, pump, it's dumping on you, and you might not click the buttons fast enough. That is one of the biggest things in crypto for sure. from going from uh you know normal [music] retail to somebody who's been in this market

for a while. You watch things pump, you get euphoric, you think it's going to do another 10x, and then the next thing you know, you find yourself with less money than you started with going, I was up so much. How did that happen? Welcome, welcome to crypto. That's why we got to raise that crypto IQ, everybody. Dogecoin trending, Bitcoin Cash trending, Shibba Inu trending. This is over on crypto rank. We got Vang Grid, a new coin that's in a funding round. We'll touch on that [music] in a minute. That's what crypto rank is good for. These funding rounds, these seed rounds, stuff like that. [music] Siren, Loaded Lions. Really? Loaded Lions trending. Loaded Lions, a game on Kronos on Yeah, Kronos. Uh, the Crypto.com ecosystem that you rarely ever hear about. Uh, the bridge. And you can see over

here the age of a project. Debridge 1.8 years. Dusk 7.1 years. Enginecoin eight years, 8.8 years, almost nine. So, you can kind of get an idea what's a new project and what's not just by going down the list here. Syrup 1.7, Bonk 3.6, Bonk, I just don't even know. Are we even considering Bonk a relevant coin anymore after they basically got taken over? Did they reverse it? Did they move to a new ecosystem? What is going on with Bonk? I don't own a lot of Bonk, so I have enough things to keep track of. Sometimes we get news around a coin like Bonk is a good example. And I I research it for the first, you know, couple weeks and then I haven't researched it since then. Gate token, Falcon Finance, we remember before Falcon Finance even launched a

coin because that's how long we've been on top of these coins. Aar or Aar or ISIS if you know you know. Aar is a multi-chain smart contract platform that supports multiple blockchains and virtual machines. I know that got you super excited. Uh, buy the fear is the best time to buy. Your conviction plays because once the meter flips green, it's too late to be buying. Ding, ding, ding, ding. He's talking, you know, he's talking a lot of things, but we could chalk that up to like the fear and greed index. Uh, when the fear and greed index was at five or eight, that was the time to load up on coins. Sadly enough, most people are paying zero attention [music] and when we start to bull run, you already missed out on your 10x and you're buying and you

might get a one or two or 3x. But when you look at somebody and they they show you that they made 50x, 100x on good projects, not not meme coins that just launched two days ago. I'm talking about like they made, you know, 10x on a a a top 100 project, a top 50 project. They made a 10x on a good coin that that's relatively low risk. They didn't buy it when we were at 60 fear and greed, 80 fear and greed. Top of the market, you know, really realistically I guess we're talking about like, you know, 50 or 60 just getting into the green, right? Anyways, not a whole lot to talk about. Let's let me touch on this van grid. Usually when van is in the name, you think of like Vanguard and stuff like that. decentralized

DPIN spatial intelligence network for physical AI and robotics. Again, physical AI and robotics, it's a distinction you'll see a lot because AI agents and agentic networks, those can easily be a part of physical AI and robotics, but the end goal is different, right? Let's see who's involved here. They've only raised 9 million, which for this type of uh market, 9 million 9 million might not even build you a prototype for for a robot. Let's be honest. I mean, you might you might for 9 million you might get a robot depending on what you're trying to build, but uh it's not a lot of money for this kind of stuff. So, we got Hashkey Capital. They're a tier one. Maple Block is a tier two. Other than that, we don't even look at it. Tier three. Look, Crypto.com Capital Exchange

is literally a tier three, just for anybody who doesn't realize that. I remember I was a little blown away when Prime Minister told me that uh Robin Hood is a bigger company than Coinbase. And then when I sat there and thought about it, I was like, "Okay, uh that actually makes a lot of sense that they're a bigger conglomerate, if you will." But, uh Coinbase to me is the more trusted name. So, I just assume they were bigger. Anyways, let's move along from this. Let's introduce the education for tonight as we wrap up this series. What is the problem? The problem is Hex and PulseChain discussions frequently become identity contests between Hex and PulseChain and we want to raise that crypto IQ, right? So, we want to get away from that. Prime Minister says absolutely correct. I appreciate you

saying that. So, we don't want to have like an identity contest between Hex and PulseChain, right? Let's break this down. Supporters point towards the functioning network, loyal communities, and recent market activity, and continued development. That's supporters, critics. Well, critics point towards previous losses, limited outside adoption, unclear supply measurement, a heavy dependency on one community and founder. Both of them have good points. Both sides can present real facts while still avoiding a complete picture. What we're saying here is that a supporter can kind of not really mention all of the other stuff that a critic would highly point out. And a critic, they're not going to want to point out anything that a supporter would talk about. We don't care about none of that. We want a neutral facts driven crypto IQ so that we can assess the market properly.

Here's the shift. Instead of asking whether the ecosystem is simply good or bad, anytime you're asking, anytime your argument or who you're talking to or your own research is just being dwindled down to good or bad, you're probably missing the big picture. Just that's a red flag. Divide it into measurable categories, right? Nothing is like nothing is usually black and white. And I should say very few things in life are black and white. Most are shades of gray. Network operation. We're talking about dividing these things into measurable categories, right? Network operation, liquidity, genuine users, which can be hard to know. External capital, token value capture, market transparency, distribution, legal, and leadership risk. Then ask what each measurement proves and what it doesn't prove. Right? What is being implied about certain metrics that when you really sit down and think

about it, this is sauce. don't actually prove what you're you're trying to say. This is a if you've ever been, you know, I grew up in rough areas, right? I grew up around plenty of, you know, anything from, you know, uh, gangbangers to con artists to drug act. Like, you get what I'm saying? Plenty of people trying to run a scheme. It is very easy to take an obscure metric or something, especially if the person you're trying to uh coersse or influence. If they don't understand any, if they don't really understand much about what you're talking about, you could just use a metric, say that it means x, y, or z, and then kind of push them in a direction you want them [music] to go. So, what I see a lot of times with influencers is they'll hit

you with like a metric. They'll be like, "There's, you know, 50,000 uh wallets on this on this uh you know, exchange or or sorry, on this network, and they'll be like, that means it's about to pump. That means it's it's doing really well. That means this, that means that when really it could be a lot of bots." Think about this. If you have 5,000 bots on a network and they all create 20 wallets, that's a lot of freaking wallets. And then if I use that number to try to act like this network is is alive and it's it's just so so robust and there's so many people using it, but there's not because there's probably multiple people controlling multiple bots and each one of those bots has many wallets. So a a a metric that you can use and

throw at people to try to amp them up about something doesn't necessarily prove anything. And the whole point of what I'm saying here is we're just breaking this down into different categories. And this can work for a lot of different ecosystems, a lot of different stuff. We're raising that crypto IQ. I recap a lot because I want you to understand is that people will hit you with metrics. You have to actually know what they're talking about, right? If they hit you with a metric about blockchain, about validators, about finality, right? about a mempool or mev attacks and you don't understand how a blockchain works, they could just basically tell you anything and tell you it means anything and you're just most likely going to believe them because they sound smart. I don't know why I went there, but that

was for somebody. That was that was for somebody for sure. Yeah, Robin Hood deals with stocks originally. Exactly. And that's why they got a little bit more dough in their conglomerate. So the payoff here is that this transforms a debate from a tribal prediction into a testable thesis, right? And that's the whole point of being neutral and not getting all tribal or married to a coin or a project or an ecosystem. You can say I become more bullish if these conditions improve and you can say more bearish if these conditions deteriorate. And that is fair. And you don't have to prove anything to anybody by, you [music] know, proving that you're a whatever coin maximalist, whether it's Bitcoin or XRP or XLM or HEX or PulseChain. [music] And a lot of your people who are bought in the narrative,

they don't want to hear that and that's okay. But it can certainly cause them to hold things longer than they should, buy things that don't have real value, could really cause them to be heavily manipulated. that is more useful than promising an inevitable comeback or declaring permanent failure because there's both sides of that coin. So, let's separate hex pls [music] and plsx. And we're going to get right into the education tonight cuz where I'm at, it's already 11:00 p.m., right? We're almost an hour to midnight. We've already been live for almost an hour. So, uh yeah, don't forget to interact with that crypto button of knowledge, folks, aka that live button and that uh subscribe button. This education stream is free. Exactly. And that's a great point from my mod Melissa here because a lot of people don't understand.

I get on here, I do this for free. All right. I'm not getting paid to do this. I don't have a bunch of sponsors. I'm not shilling some coin on you. I have some affiliate links, not really for anything. Most of them are DeFi games, right? They're just quick links to get you to the game without you clicking on a link you shouldn't be clicking on, right? That's the point of them. Most of them I get absolutely nothing out of. I do this for the love of it. Well, maybe one day I get heavily paid by somebody and a sponsor. Maybe. But as of right now, I do this 100% because I love it. Hexico is going to the moon. Conspiracy crypto. Um, Hexico is what a memecoin. What is Hexico? UG, you hold any pulse or hex? I

I don't hold any pulse. I do hold hex. Uh I held hex from a long time ago. I converted like I don't know like $200 of something at one point. [music] Top of the n it wasn't the top of the market. It was moving down into a bare market. At one point I converted about $200 into HEX. [music] It went to probably being significantly less than 200. And I just kind of always held it in case Hex ever did anything. And I [music] still got it. So we'll see. And then I probably should have staked it. I probably should have sacrificed it for pulse. I honestly completely forgot I had it. I have other bags of stuff that I was highly more concerned about. Right. When bull comes, Eugi, you're going to get tons [music] of people here. I

believe it. That's why I'm staying strong through the bare market. People, you know, it's Saturday, so I'm I'm going to talk my talk and say what I have to say. We're going to do education. Don't you worry. If you're here to hear more about Hex and Pulse and Pulseex, we're going to do that. I won't be too longwinded, but one, the statement that I just made that I get on here, I do this for free because I genuinely love crypto and I believe in blockchain technology holds the key to fix a lot of problems across the world. Whether it's crossber payments or fixing gaming so that you actually own is a good example. So when you buy a scanner, you buy a this blockchain that's fixing that, right? That's not gaming that's fixing it. That's blockchain technology, whether it's

finance, whether it's being able to go see a doctor in another country and having an NFT that holds all your information from all the doctors you ever went to, all your medical records on the blockchain. You have your wallet. Boom. Boom. You you show them the NFT or you send them a copy or whatever you got to do, however it's set up at the time, depending on what you're using. and they can see everything that you've got going on with you, especially if you're older and you have a lot going on with you in a foreign country that you might have been traveling at and [music] had not expected to have some kind of medical complication. My point is I believe that blockchain [music] can radically change a lot of the things that are messed up in the world.

Anyways, what I also want to say is that we're in a bare market. You know, things are low. I don't get a ton of traction. I'm not getting heavily paid [music] here. and I'm coming here and doing this because I believe in it. To me, that's the beginning of [music] greatness. Not so much greatness for me being great, but greatness for like this channel being great. And just like Prime Minister said, cuz he's the one who kind of got me [music] on this tangent here. When the bull market comes, people are going to come to this community. So, if you Here's my point where I'm going. If you're here now, you're going to be kind of core underground family. And I really hope that you're somebody who learns to raise your crypto IQ or is very capable by that

time to help me help the new people coming in. Because if you believe in crypto and you hold bags of crypto, the more people understand it, the more people do well, the more [music] money they put into it, the more that they confidently tell other people about it and do a good job because they actually know what the heck they're talking about. You know how many people told people about crypto and they would have made a ton of money, but because they didn't have a good crypto IQ, they couldn't explain anything to the person's asking them questions like what is Bitcoin mining. [music] And they're just like, I don't know, like you you have a computer and it gives you Bitcoin. Like, and the person's like, "That doesn't really make any sense. I'm not going to bother with this."

All because somebody couldn't explain it. Well, the point is it's compounding. You'll hear people on YouTube say this a lot. Smash that like button if you love crypto because it brings more people into crypto, which is true because their stream doing well, brings more people to watch the stream, which may grab somebody who doesn't even know about crypto and pull them in. So, that's very true, but you got to go steps further than that if you really want to bring people into crypto. Let's see. Let's see. It's just the bear right now. So, people sidelines, but when the sentiment improves, YouTube gonna be crypto hot spot like it always has been. Hang in there, bro. I appreciate you cheering me on, Prime Minister, because I'm definitely not going anywhere. But, you know, sometimes it's nice to have somebody say,

"Hey, hang in there." Because there's certain days, like today, you know, I I took my kid uh to like a jumping place, spent all day with my brother and his kids and stuff like that, and I was ex exhausted. [clears throat] I finally got to lay down and I was actually tired and uh you know then we did some trenching and stuff so I couldn't actually go to sleep and by the time it was like about to be 10:00 I was like dang I really don't feel like getting up and doing my live stream. Now that I'm here I I'm in love with it. I love being here. That's why I'm here. But there are some days where it's just not easy to do. And everybody who works a nineto-ive job or something, they know exactly what I'm talking

about because you wake up on a Monday morning and you're like, "Yo, I'm gonna call out sick." But I do my best to not call out sick on you guys. Hexico is what we call collective [music] of all hexacins, i.e. Hex holders. Okay. I bought some more of EEX today. Well, I appreciate you being here, Conspiracy Crypto. Hexico is going to moon. So, you're just basically when you say Hexico is going to moon, you're saying [music] um Hex is going to do well for all the people who hold Hex. All right. All right. Prime Minister says facts. Well said, Eugi. Appreciate that. Appreciate that. All right. Before I go off, cuz I don't know if you guys realize I I could talk for days. I don't know where it comes from. I have not always, believe it or not,

I've not always been the kid who talks like in class and all of that stuff like growing up. I was not the super super talkative kid and somehow now I can just talk on 24/7 to the entire internet without a whole lot but uh chat on YouTube. Let's get into some things before I go too far. I almost went on a tangent [music] about going on a tangent. That That's impressive. Smash the like button for that. Separate hex pls and plsx. [music] Right, we're going to separate these things. These assets belong to the same ecosystem, but they have a [music] different economic rule. We talk about tokconomics. Tokconomics is just a a fun crypto terminology word for the economics of a token. So, we're back to economics. Economics highly important. It's highly important in your country. [music] It's highly

important in your local government. It's, you know, it's it's highly important in your neighborhood, right? Economics highly important. Don't sleep on understanding. PLS pays transaction fees and participation impulse chain validation. Right? So PLS is a reward I believe. Right? Let me make sure I got that right. PLS pays transaction fees and participates in PulseChain validation. Okay. So it's the main token of the PulseChain blockchain. I don't want to say ecosystem but blockchain itself. PLSX is connected to Pulse X, the decentralized exchange, the premier decentralized exchange where almost all liquidity lives [music] in PulseChain trading activity and its burn and buy mechanism. There's a volume one, there's a volume two. We're not going to go there. Hex uses time lock staking T-shares, inflation, and penalties. Hex comes before PulseChain for anybody who doesn't understand that. a bullish thesis about pulsechain

technology does not automatically prove a bullish hex thesis because they're not the same thing. Likewise, a struggling hex price does not mean that Pulsechain network has stopped working or that it has lost all value or something like that. They are interconnected. They do have a correlation, but one does not prove the other. The strongest bullcase here is the ecosystem survive. PulseChain continues producing blocks, processing transactions, supporting validators, and securing liquidity. Pulse X processes real swaps. Hex staking continues to operate through the contracts. The network did not shut down when the price fell or outside attention disappeared, meaning they were able to sustain even when things got rough. You would be surprised how many projects chains shut down and they just they they vanish basically. Um, wow. That's exactly what it's going to say next. Almost like I put this

together myself. Many cryptocurrency projects effectively vanish after their initial excitement ends. The Hex and Pulsechain ecosystem did [music] not. That's a good point. That's a That's a tally on the chalk mark. On the chalkboard. It's a chalk mark. On the chalkboard. Uh, wow. I really got that one, you know, confusing as at all possible. So, the hex and pulse chain ecosystem did not fail. However, survival is just a beginning. It is the baseline for a bull case. It is not a conclusion. The fact that it's still here does not mean it's going to moon. The strongest bare case here is the activity could be circular. Let's see what we got going [music] on. Uh Melissa says, "We all appreciate what you bring to us, sharing your time [music] uh with us, too." I appreciate you saying that, Melissa, and

you are you're you're here every day. I really appreciate you. Uh Prime Minister says, "Definitely, G. Appreciate you, bro. Back at you." And that's what makes it work so well is we all bring something to the table and provide something [music] and we benefit from each other. That's how a family should work. So, the strongest bare case here is that the activity could all be circulator within this ecosystem. an ecosystem can generate transactions, right? Because existing community me members repeatedly trade ecosystem native assets. Now, one thing I want to say about this is ecosystem design is important when it comes to this because not every person who makes a lot of transactions on a network is doing that on purpose just for the sake of transactions. Not every single one of them is a wash trader, right? They could

just be doing something in the network repetitively four, five, six, seven times a day. You got to think of what that adds up to in a couple of months, right? Even if they're just claiming rewards for something. Say you had a lot of money staked, a million dollars, right? And it's generating, I don't know, 12% a year somewhere in an ecosystem, but that was all your money. And you're kind of living off of like you're living off of the interest that's being paid off of that. you need it to pay your water bill at the beginning of the month or end of the month, whatever. It's just a hypothetical situation. [music] And so, you're going like every chance you can to uh, you know, claim your interest on it. Maybe you're dealing with a protocol that allows you to

like claim whatever is there every 24 hours or every 3 days or whatever, and you need the money. So, you're doing it constantly because you don't want to pull the initial investment out. You got to think about in a year how many transactions you've made. And that's a very small example. Of course, bots wash trading and stuff makes a lot more. But my point was not everybody who creates a ton of transactions is just doing it because they have some kind of stake in the the metric numbers, right? Or wash trading or propping something up. All right. That is different from attracting new users, though. independent developers outside stable coin liquidity businesses applications unrelated to the original token and sustainable fees paying demand. The important question is not whether activity exists. It is where the activity comes from and

where the participant base is expanding. [music] And I'm going to say that again because I know that's probably somewhat lost, right? It is where the activity comes from and whether the participant base is expanding not circular not just you know the [music] same I don't know 10,000 people doing many things in the network every day. Uh uh conspiracy crypto says all these are projects of Richard Hart. Exactly. And uh [music] you know, just so Conspiracy Crypto knows, I I've been back in the day where you know, Richard Hart was being interviewed on on a lot of big channels, Bit Boy Crypto being one of them. I've seen many interviews with him there. I've spent some time around, not around Hart in real life, but like I've spent some time around um you know, a lot of the interviews and

his character, his interviews, the things that he says. [music] For whatever reason, I have a pretty good ability to remember details and facts. And so, uh, it's not lost on me that Richard Hart is and kind of always has been the poster boy for everything Hex. It is his project. I believe it's what made him a billionaire. I like to a lot of times compare Richard Hart to Charles. You know, Ethereum, left Ethereum, started, you know, Cardano. Charles, [music] I know you know who I'm talking about. I like to compare them a lot because in a way they're very similar. I think they both became billionaires off of these projects that they've launched. Hex product strength versus demand dependency again. So now we're going to get back in. I know I cycle. I talk fast. I move fast. I

get off on tangents to try to explain details. I hope you can stay with me. Some people got the juice. Some people don't have the juices. Some people can't follow. Well, if that's you, tell me to slow down. If you're into this and you need me to slow down, just just put slow down in the chat. I got you. So, hex product strength verse demand dependency. The bullcase. The contract continues functioning without a company uh approving each [music] reward. Time lock reduces in uh immediately available supply because it's locked up. It's not available. Longer commitments can produce more T-shares. Early and late penalties enforce the rules and create more money for the people who haven't tried to leave or were late. Basically, if you're not early or late, the people who are early or late increase rewards for you.

The product has retained a dedicated community through extreme volatility. That's bull. The bare case is hex rewards are primarily paid in more hex, which can come to the whole idea of impermanent loss. A wallet can contain more tokens than it did before while representing less dollar denominated value. Additional units can create financial gains if demand gives those units sufficient purchasing power. We just talk about the power of a coin. If you earn 25% more coins than you have, but the value of the coin goes down 70%, you do not have more value in US dollar. You do not have more money in your bank account. You have less. Even though you have more coins, the kicker is if you hold long enough and it's a good project, it can equal more money. That's the whole thing. That's realized loss

and unrealized loss. A time lock can reduce impulsive selling because you can't sell it because it's locked. But it also resists or restricts sorry it also restricts the holder's ability to react when conditions change which could be a good thing it could be a bad thing. [music] Imagine something just dumping and you can't do anything about it because you're locked up. It's, [music] you know, even in a normal stake, 3 4 days to unlock, you might you might be down 90%. If something catastrophic happens, world events, the blockchain, something gets seriously broken, everybody knows it. So, everybody's running to dump it and you can't because you're staked or time locked or something. So, PulseChain network usage versus PLS value. The bull case here is that pls is necessary for gas, right? It is the token for the pulse chain

blockchain. Validators require PLS to participate in consensus. Consensus being how a blockchain runs. Low fee encourages frequent transactions because fees are cheap. They're not spending a ton of money. Look at how much high fees destroyed people's sentiment about Ethereum and using it on an everyday basis. Ethereum compatibility makes a network familiar to developers and wallet users. Probably one of the biggest benefits of the forking of Ethereum to make Pulsechain, right? A working bridge and DEX provides an essential ecosystem infrastructure, especially if the fee to do it is cheap. Here's the bare case, though. Extremely in inexpensive [music] gas can produce high transaction counts without generating substantial network revenue. This goes back to what I was saying in the beginning is [music] that we all love to pay less, but one of the biggest security features of Ethereum was its

high fees. When the network became congested, the fees went way up. It stops things from, you know, 51% or 50, what is it? 51% attacks and these different things. It protects you from them because it just costs a ridiculous amount of money to do them. That's good. We all want inexpensive. But again, going back to people can take a metric one, they can generate a metric by using a small amount of money when the when [music] inexpensive gas fee, right? They could just dump $1,000 and just make an extreme amount of transactions. So, these are all things you want to be highly aware of. Transaction totals can also include bots, arbitrage, and repeated activity from the same wallets. Wash trading where you just kind of wash the same thousand. If I take $1,000, right, and I buy something and

I sell it, and I buy sell something and I sell it now, and say I do that a 100 times, I can take a $100 and make it look like $100,000 in volume. and I can say, "Hey, my coin's got $100,000 in volume." When it's my same thousand that I've just ran over and over and over and over and over. Volume is not the same as how much money is in a project. You ever look at a project and it has like $51 [music] million of volume, but like the coin market cap is like $3 million. I mean, somebody's been just washing money through it or it's just had a lot of trading going on. A blockchain can technically [music] uh can be technically busy without really creating enough economic demand to materially strengthen the native token. The takeaway

here is that network usage does not automatically flow into the price. Difference [music] between volume and market cap. Pulseex real trading versus conditional value capture. Now value capture for whatever reason always seems to like confuse people. Think of it the other way around. For some reason, that helps. Conditional capture of value. What does that mean? That probably didn't help you, and I do apologize. Hopefully, we can break this down. Pulseex occupies a central position inside PulseChain. Pulseex occupies a central position inside PulseChain. Swaps generate fees, liquidity providers uh receive compensation, and part of the system is designed to purchase and burn plsx. It's built in. If sustainable trading volume grows, the buy and burn mechanism receives more economic fuel. Again, even with wash trading, having that fee buy and burn can be good for the native asset. The bare

case here, a burn does not manufacture demand on its own. It strengthens depends on things like actual trading volume, the fee directed towards purchasing PLSX, like how much is the fee. If it's super low, it's not very meaningful. The market price of PLSX, available liquidity, and continued user preference for PLS or P for PulseX or PLSX, right? And another thing I want to say here is how much [music] issuance, how many coins are coming out on a weekly, daily, monthly, yearly basis can matter a lot because say every day 10 coins come out or let's put let's use a more realistic number. Let's say every day 100,000 coins or 10,000 [music] coins come out on a network. We're not talking about Hex. This is hypothetical, but only 200 coins are burned every day. Doesn't really matter. That's not deflationary

just because it has a burn mechanism. The amount of coins being burned has to be significant in relevance to how many [music] you're coming out, whether that's on a daily or weekly basis, monthly, yearly. Pulseex must also compete with other exchanges on PulseX. Not [music] many though, while volume one and volume two can divide liquidity between different pools. Uh PEX is actually competing with itself because you have a Pulseex V1 and a Pulseex V2. The big takeaway is that original V1 I believe was buying and burning or was using a percentage of the fee that's generated from the transactions to burn buy and burn mechanism like we were just talking about and V2 switched over to taking that fee and giving most of it to the validators for validating the network incentivizing the network and then a very small

percentage of it going to buy and burn. They didn't get rid of the buy and burn, but they changed the dynamics of it. A burn is only as powerful as the economic activity funding it. A lot to say here. A lot to say here. Uh, let's go. I'm following. Hey, I'm glad. So true, bro. That's why I don't really like locking or staking too much. Anything can happen and you can't move. Yeah, exactly. And you know, I've refrained from staking a lot of my stuff. And I look back and I think, you know, you forget you forget all the times that crazy stuff happened and and you were able to move because you weren't staked, but then you like think back and you're like, "Oh, it's been 2, three years and like I could have made x amount of

money on the project that didn't have any problems." Usually, I like to keep my staking for like your top 20 tokens. Things like maybe XRP or Ethereum, some Bitcoin, something like that. makes sense to stake because the risk is low. If the coin has high risk, a lot of times it can be enticing because there'll be a high APY, but you can get stuck in a coin while it just [music] absolutely gets mollywapped. One of my favorite words to use uh for something getting destroyed in price or whatever, but my point here is that you get stuck. All right, price movement is evidence, but it's not the final proof. A strong weekly move can signal things like renewed attention, improved sentiment, greater trading activity, returning liquidity, and a change in market expectations. But thin markets can move dramatically with

relatively little capital. This is why I say things are not black and white. You see big moves in a coin and you think, "Ah, there's a ton of attention. could just be one or two people on thin liquidity moving things around within not even using a lot of capital. Price confirmation comes when rising prices are accompanied by sustainable improvements in things like trading volume, liquidity depth, stable coin inflows, active users, new applications, and developer utility. Again, metrics, data, highly important. And if you sleep on those things, you're probably going to be a less informed trader or buyer or person in the market. However you participate, whether it's day trading, swing trading, holding for your cycle, doesn't really matter. If you don't look at any data and you only look at like what the price of a coin is, and

that's all you do, you're probably missing a big part of the picture. The question is not whether price moved, it's whether the deeper measurement remains stronger after the excitement cools off. So, it's not about that big pump. It's about what happens [music] after that big pump. Market cap and supply transparency matters. Price aggregators can display a hex or pls price while still lacking the circulating supply information needed to calculate a conventional market capitalization. This is the big problem. Uh, and this is this is one of my big takeaways from this um, deep dive that we've done all week. And again, if you're just seeing this for the first time and you actually care about HEX um, and you're not already an absolute pro on everything Hex, Pulse, Chain, and uh, PLSX, the decentralized exchange, right? I would go back

and and and [music] watch the videos we've already done in this week's series. You could just skip to the educational parts, right? they're not buried too deep into the shows. But my point here is that one of the big questions that was answered for me that I was really looking for is the whole idea about why it's so hard to get circulating supply numbers, market cap numbers, and all these things. It's because there's an origin address, right? where there are a lot of coins and that origin address is not your typical burn address of other projects where they're burned. It's kind of verified burned on chain and therefore they exclude them from circulating supply and they don't have trouble calculating it on Coin Market Cap, Coin Gecko, Crypto Rank, those type of places, right? where they're the the I

don't want to call them dexes because they're not really dexes, but most of like Coin Gecko and stuff like that, they're confused on if they're supposed to keep those coins in the circulating supply with the origin address cuz they're not technically burned. They technically can be moved or if they're not supposed to put them in there and most of the time they just don't give you a number. So, the real problem is that comparison with other assets becomes very difficult. Ranking becomes unreliable and unavailable. New investors struggle to understand valuation which going to keep big investors out of it. Price multiplied by an uncertain supply can create a misleading conclusion and things like Coin Gecko they don't want to give a misleading conclusion so they just give you no conclusion. Search visibility and discoverability is going to suffer because

of this is one of the biggest things that in my opinion as being trying to be as fair and as and as objective as possible. I would like to see Hex Pulsechain do something like take the origin address and actually burn it onchain because what are you waiting for? And now I don't know all the ins and outs. Maybe there's a plan for these origin address coins that I don't understand. But if they're just supposed to be burned, then just actually burn them. Uh this does not automatically prove something malicious though, right? It does represent a serious transparency and distribution weakness. Here's a good point, right? Because I don't want to pick on Hex. A lot of projects have a foundation. Ethereum foundation, you know, every project pretty much has a foundation. And there's coins that are reserved for

the foundation. They could be for marketing. They could be for a decentralized autonomous organization or a DAO, right? And there's money there and it can't move unless it goes through that decentralized process. Look at what happened to Bonk. That's a different story. But anyways, there's coins set aside all the time that are not supposed to really be moved in this stat that are not technically burned, but they're included usually in circulating supply. You get my point? [music] Describe the SEC results correctly. So, let's get to this. And I really wanted to get to Richard Hart and all that stuff and SEC cases. I think that's what we're going to touch on here for a minute. I believe I [music] put that in here. Let's see. I I got rid of a few things and put a few things in.

So, I'm not sure what ended up in the final stream setup here, but I felt like that almost should be its its own series. I actually think that we might well at this point there's going to be another series for all my my hexkins and all my people who love Pulsechain and Hex, right? Where it's just going to be a series focused on Richard Hart, the things Richard Hart says. Maybe we'll watch some interviews together or some clips from some interviews. We'll talk about SEC cases, what happened, how he's been freed up to say whatever he wants, stuff [music] like that, right? Because he's been quiet and a lot of that has to do with legal problems. So, the bullish interpretation is that the SEC SEC, Security Exchange Commission case ended without amended compliant, removing a major active American

legal threat. American legal threat I did say that right. The cautious interpretation is that the dismissal centered on the jurisdictional problem and lawsuits can get very complicated as far as things like who has jurisdiction, can you bring a case? Do you have standing? [music] Somebody could have really did something wrong and they just don't have jurisdiction to bring something. That's a whole different thing. It was not a sweeping court decision validating every claim about Hex, PulseChain, or Pulseax. Basically, this is a good example of taking something and I'm not saying any I'm not accusing anybody. I don't even have anybody in mind about this. But I will say the fact that the SEC case was effectively dismissed, right, should not be something that we use to say, uh, Hex did nothing wrong, never did anything wrong, nobody ever did

anything wrong. We don't know if they did, they didn't really hash out the case, right? Both sentiments can be true simultaneously is a really good point. Community is both an advantage and a risk. A loyal community creates long-term users liquidity, developers, content, social distribution, reliance during bare markets. But an insulated community can also become an echo chamber where they just tell themselves what they want to hear and nobody can get to them. If every unfavorable measurement is dismissed as manipulation, the community loses its ability to identify real weaknesses. Meaning in an echo chamber, nobody can say anything bad about anybody or anything. Well, what if something is seriously wrong within an ecosystem or somebody who's involved with a community really did something bad? Well, it gets to a point where nobody in the community can say anything because they're

afraid of the repercussions. It's that hive mentality. It's the mob mentality. Like they just can't say truthful things [music] because the mob will attack them in an echo chamber. And that makes it so they can't identify real real weakness. So imagine you're on a train track and you know everybody on the train is the is is part of the people who built the track and they're all celebrating the track being built and they're all saying we did the greatest job. We're the greatest engineers on the planet. This train is the great. And then somebody looks out the window and sees that a piece of the track is broken. There is a bullet train. It's brand new bullet train, right? It's going 300, 400 miles an hour. And you see that it's broken right where there's a bridge over the

water. And you're like, "Hey guys, I know that we're like the greatest engineers ever. I know that this is our victory lap that we're toasting champagne in our in our cabin cars on our train, but uh we're about to be all in the ocean." And people are just like, "No, we're the we're the greatest. It's brand new. There can't be anything wrong with it. Like, we just built it." All of this stuff. And then the next thing you know, they're all in the water. Because they couldn't identify a real weakness because of the echo ch echo chamber or because of their basis, because of their ego. Let's be honest, a lot of it has to do with ego. The strongest supporter should be capable of explaining the strongest bear case. Think about this. Anything you're extremely bullish on, can

you tell me how it could all go wrong? What is the bare case? If you can't tell me the bare case on a project that you love, it could be as simple as the person who is in charge of it could just walk away. They could have something go terribly wrong in their own personal life and they could just walk away. How big of an impact would that have? You might believe that they'll never do that, but you don't know. That's different. Like again, Cardono. What if Charles just abandoned Cardono because he found a life of being a monk in Tibet to be far more suitable than dealing with cryptography? How bad would that hurt Cardano? Now, I think most people who are Cardano Maxis would believe that he would never do that, but don't be so sure. Bull

versus bear scorecard here. Let's break it down. Network operation bullish, right? The chain continues to produce blocks. It's working bullish liquidity. Well, liquidity is mixed. Approximately 75 million in total value locked proves capital remains inside the ecosystem. That's a good thing. But that figure is still small compared to major layer ones and layer 2. So adoption a little bit hit or miss here. But again, we're not saying good or bad. We're just saying mixed [music] DEX activity mixed for the same reasons that we just laid out here for liquidity. Pulse Chain processes millions of dollars in daily DEX volume, but recent 7-day volume declined. One strong day should not be mistaken for a sustainable trend. You want to see weeks of upward trending, not a couple of days, definitely not a couple of hours. Hex market structure mixed to

bearish, right? Recent performance and volume show renewed attention, but HEX remains deeply below its previous high and lacks conventional circulating supply reporting. [music] Token value capture is completely unproven as far as we know. PLS gas demand, the PLSX burn, and the hex staking are real mechanisms, right? Let's make no mistake about that. Their long-term value depends on sustainable outside demand rather than [music] activity merely circulating amongst the same tokens. That that that could be an issue. Market transparency is bearish. Missing or distributed supply and market cap information makes valuation comparison and mainstream discovery more difficult. Imagine you're somebody and you're in crypto, but maybe you're older. Maybe all you've ever really owned is something like [music] um all you've ever owned is maybe something like say Bitcoin or Ethereum. And so because you've only ever owned that, you haven't

really got deep into crypto and somebody you know who who you like. Can somebody post that contract address over in uh in the trenches for me? Is it posted over here? Wow, I've missed a lot of chat over here. Uh, whatever you just posted in the chat, can you can you post it? Can you post that uh contract address in the trenches chat for me, please? Cuz it's hard for me to copy it from the chat over here. Anyways, they tell them about Hex and they don't have any any real This is why I keep saying this is a big issue. They don't have any understanding of Hex or any of this kind of stuff. So, they go to try to do their own research and they can't find a value. Like, they don't know how much it's worth.

They don't know if they buy $1,000 of it if they're going to get a million tokens or five tokens. That's going to really uh that's going to really hurt their confidence because they're going to be like, "What's wrong with this coin? [music] Why why can't I see how much money is in this token?" That that becomes a real a real issue, right? And so this is something I would like to really see fixed. Right. We're already at 16K. All right. All right. Just dumping right the second. Do I wait to see what happens here? Sometimes I know I'm going to buy like 0.1, [music] but I'll buy 05 twice because I'll buy and then I'll try to get a lower price. Sometimes great, sometimes not so great. It's 29 people watching it from two years ago. It's an OG

coin. There we go. Got a little bit of a dump. I think I'll buy that. I'll buy 05 on that dump right there. 13.6 entry. much better than the 16k entry I was I was [music] looking at. And I could rock with a small entry if I don't get a better entry. But let's see what happens here. We're already back to 14K. If you like trenching and [music] stuff like that, if you even know what that means. Uh, you know, bullish bullish on you. Market transparency bearish. I was going over that. All right, let's get back to it. legal position improved but not definitive. The SEC case has ended, but the results should not be exaggerated in the universal regulatory approval. I don't even know really where they stand with regulatory approval. Community strength is very bullish. One of

the very bullish things that Hex has for him is Richard Hart. his personality and the way he's conducted himself has resulted in a lot of people and this is controversial who rather really believe in him because they know what the heck he's talking about or are completely brainwashed. It depends on who you're talking to and how they feel about it. My opinion probably somewhere in the middle. Some of them probably know what the heck is going on and are bullish and believe what he's saying and other people probably didn't do any research. Unfort It's unfortunate. I hate to say it, but there's a lot of people around me and my life and the the course of my life who I've seen just just take things at face value and do no research. So, it's not hard for me to

infer or believe that people would do that with such a polarizing figure, if you will. Look at that. The ecosystem has retained a highly committed community through several years of controversy and severe volatility. That's bullish. External adoption is bearish until proven otherwise because the ecosystem still needs stronger evidence of independent developers, non-native applications, outside liquidity, and users arriving for reasons beyond the original Richard Hart assets. [music] You might not like that for somebody who who is maybe brainwashed. Uh you might not like to hear that, but these are facts, right? outside liquidity and users arriving to the ecosystem for reasons beyond the original Richard Hart assets. You need that to really mature into a robust ecosystem. Doesn't matter where you stand. [music] It needs that current verdict. The Hex impulse chain ecosystem is alive, functional, and showing measurable activity,

but a lasting comeback hasn't been proven yet. The bull case becomes stronger if liquidity volume and applications and outside users grow together. The bare case becomes stronger if prices rise while those deeper measurements remain flat or most effectively continue circulating among the same users and ecosystem native assets. That was a bunch of fun. We do have how to build crypto thesis that can be proven wrong. And we'll get back to some of this stuff here in a minute. [music] That was Underground Crypto Deep Dive Show uh series wrap-up on a Saturday night. How is everybody doing? All right, this coin hasn't moved a whole lot. I'm only in it for $4 right now. I don't know why, but like if I buy in at 16K and and and I'm going to get back to the chat so I can

see what Prime Minister says here. Well, first let me say what I got to say and then I'll get [music] to it. Um, if I buy in at like 16K, then that means 32 is my my double up, right? My onex. And so, or sorry, my 2x. I did it again. I don't know why I always do that. Um, that makes me really nervous because they play so many games. When you get to like 28K, 29K, 30K, 32K, that bonding, they play so many games. And so I don't want to be right there at my like taking initials. Like I want to already have taken my initials like by 25 for sure. 26. Uh I want to have already got out and took my initials. So I get nervous when I get it's already like 16. So 13's better.

13's better cuz 26 a lot of times we can get to 26 without it being so crazy. I'm mostly just talking to Prime Minister. I'm thinking out loud because a lot of times we deal with chat and it's nice to be able to just kind of say what I think easily. Yeah, it's in there now. You're just in time. It was at 19. Perfect entry. Yeah, I got in at 13 13 something, right? 13.5 or something like that. But if we go to 26, I'm in good shape. Let's talk about the top gainers, top losers of the day. We need to refresh it because I don't think those were right. Pump. fun pith network and curve dowo. Now there's so many things that people say it's kind of like the private network for XRP or something. There are some

people who I loosely know personally kind of sort of been around. Okay. And for some of you who who know uh I know a few people right uh who are names you would know. Anyways, there is some people claiming that they know people who work for industries that Pith Network is going to be really big. Um, do with that whatever you want. I'm not saying to buy it. I own a little bit and I own actually a really small amount and considering maybe buying some more with the news and interactions that I've been given, but I I don't know because many times I've heard people say, "Hey, this person works in this sector and like this coin is chosen." But a lot of those times I didn't buy because they were super like a friend of a friend of

a friend of a friend unverified way too far down the pipeline. The telephone if you will and this is a lot closer to home. So I may at least throw a couple more hundred bucks into it. Right. Oh, it bonded. Uh, I only have a moon bag of shark frogs, so I'm [music] not too worried about that, but we'll get to that in a minute. Anyways, I just wanted to say that about Pith Network. You do what you want with that information. KDO, uh, Kitync, and Thor Chain. And no, I'm not going to tell you who they are because, uh, I don't think they'd want me to do that. KDO, Kiteync, and Thor Chain. And I'm not going to get on here and talk about that every day. It bonded. Uh, I don't think it was Frogcoin that bonded,

right? No, it was Shark Frog. And it it did. It bonded. That's what I'm saying. Like, if I got in at 16K and this thing bonded, [music] it was already back at 24 like immediately within like the same five minute, probably one minute candle. Yeah, it bonded [music] at like 30 went as high as like 35,000 and as low as 20,000 in less than 1 minute. And that's why you turn your head for a second and you could just absolutely get whooped. All I have is a moon bag of this. So, as we say for uh for dust or moon, I'm here for it. Let's see what happens to Shark Frog. If the creators had a coin go to 1.7 million, that's probably good enough for me to hang out. Uh, Frog Cat, the OG, just absolutely tanked. I

told you I messed up my moon bags. I'm mostly talking to some of my hardcore members here. Hardcore members. That probably doesn't sound good. Um, to uh my crypto family. That's who I'm talking to. I like that. That sounds much better. My my open position for Frog Cat is 4 cents. That's how bad I messed [music] up my moon bags because I sold 50% and it didn't update. And I'm like going through my different coins. cuz I had like three or four different coins that we were in and like I kept I kept trying to make sure I sold 50% again in all of them as I was taking profits cuz selling 50% is a lot of times how I take profit [music] and I guess I hit it one too many times because somehow I was only worth

four [music] cents. Anyways, neither here nor there. It was a dumb mistake on my behalf. Uh frog cat. Uh my moon bag is worth 15 cents. I did well though. I mean, I profited like $13 on it. So, that that was pretty solid. Just talking out loud here. To whom it may concern Shark Frog, what are we doing? Wow, it went back to 35k. This is good because this is the one that I actually didn't completely mess up my moon bag. But, uh, on a moon bag like this, when do you sell it? 50k, 100k, like a moon bag. This is one thing that I haven't really said because I haven't had any of them do so well. But um when do you sell it? Cuz that one that we got into it, it went to like 200k before

we got into it and then we found it at like peanuts. But it had just gone to 200k, but it didn't seem like it stayed there very long. Again, this is the project I was talking about, Lumina. Great tokconomics. Will it matter? Doesn't matter. You could have the best tokconomics in the world. If nobody cares about your project, it won't matter. Now, what I what I really like about it is they [music] have incentive for you to hold the coin. That's great. That that really could help. Okay, so I have nothing to incubate here. Let's go to bag and see that item that I just got. What is this? A radiant heat stone that has a crystal's hatch requirement. Oh, okay. I get it. So, if I get a crystal, I can make it hatch much faster. Wow, >>

we just went to 61k. Let's see. Uh, where do I want to bring this in [music] at? >> I have some Oh, wait. That's not so random. Star Baby. All right, let's go in here. Starb got whooped. Talking about how fast coins move. My son wanted me to help him get some get some money in his crypto wallet. My son's eight, so obviously he didn't know how to do that himself. I literally was staring at my phone trying to exit. I looked up and looked back down and it had bonded and I and I mean literally, it had to have been 3 seconds. [music] Like it couldn't have been more than 3 seconds. I looked up to look at the wallet he was trying to show me and I looked down at my phone to make sure I didn't

miss it. and I had missed it. That is how fast stuff moves. Can be a little can be a little frustrating, right? They are using bots and stuff like that. What am I trying to pull up here? Shark frog. Let's look for shark frog. Shark frog. There we are. Uh if we even Okay. Wow. I'm I'm impressed. We actually got a uh a chart. Pump.fun is notorious on desktop [music] for just not having any charters. So, let's see. Position doing well. >> So, because it's bonded now, I guess we have here. Let me get back to the chat so I can actually see stuff. Because it's bonded now, I guess we have um I guess we have the big boys seeing this on deck screener. Is that the idea? There's still little nuances like this that I I definitely

still have to learn. Hope you didn't sell early. I I just held my moon bag. Uh let's see. Every coin's so different. How much of this do I actually hold? Like what do I This is what I get confused with, right? When I'm like, "Oh, I have a moon bag, right?" And I try to tell you [music] like what my moon bag is. Do I tell you it in the US dollar amount? Do I tell you it in the amount of coins that I hold? Um, I thought I was hilarious. My call out says, "Frog season, rabbit season, frog season, duck season." Like the classic rabbit duck season from from uh what is that from? From Bugs Bunny. Only Only older people, I guess, would know. It was It was old for my generation. It was very old. Yeah,

we're at 46. I mean, this thing it could go to zero. It could go to 1.7 million like the last one. I don't know. Oh, it's a moon bag. How much of it do I actually hold, though? Of course, desk desktop is significantly different. It's annoying, actually. Desktop is is terrible. Just like you said it was. I don't want to see the call out. My position. Yeah, people got to be dumping hard on this thing right now. Again, it's all profit. So, >> it says, "Uh, told you, bro. We eating today. It's frog season. LFG. Crime [music] coming. It's still holding. I'm still holding a moon bag." Yeah. But I'm trying to figure out like what do I how do I like tell you how big my moon bag is by dollar amount or the amount of coin that

I hold? Amount of coins seems in insignificant because right isn't it going to be different like per project? So yeah, anyways it's it's worth about uh four bucks right now looks like. And then of course my numbers drastically different uh on here versus on my phone. Oh, down to 38k. Got rocked. My moon bag is worth $5 now instead of 10. I guess we'll see what happens. And it's done. I don't know. I feel like a lot of time when you get to 27 to 26k and you were just at literally 80 is over. But I don't know this K his trade. Was he buying or selling here? He bought. Well, he got dumped on, but he probably didn't do it for no reason. I'm sure there's other people who just sit here and wait for things to bond

and then they try to they try to buy. Oh, he he got out. He said, "No, it's not going to turn around." He must have sold at a loss, right? Let's see. Is this the same person? Yeah, he bought $557 worth and he sold at $317. So, he lost money. I don't exactly know. Uh, what do you have to do to be a K? Like to to come up as a K, right? Like what does that exactly mean? I don't really know. >> All right, I can get back to the chat cuz I'm watching it over here. This was a slow cook. Was chilling for hours. A child could have made 5x on this easy. K was late. I outsmart them all. Prime Minister is definitely he's on it. And I mean, it's probably cooked now, right? Like, it's

done now. I mean, you're rather getting like the most amazing entry or it's absolutely cooked. That's just one or the other. I mean, it just went from 18 to 27 30. Oh, wait. No, that's just me scrolling up to like 24 25. To be a K. You need to be ruthless and not care about others. So, it's fair to say like anytime you see a K like they're probably not good people. If they're buying that doesn't necessarily mean you should be buying, but if they're selling you you you probably should be selling. It's probably already too late. Is that what we're saying? Why am I drinking coffee at almost midnight? What a what a not good idea. Yeah, it may not be cooked because USA is sleeping. So, this could be an amazing entry before it runs to a

million dollars or it could never do anything again. I guess if you got to like 3 or 4K, even though that would probably be catastrophic. I'm just thinking out loud, but if it went to 3 or 4K real quick, that could probably be an amazing entry with super low risk. probably not going to happen. If you go to 3 to 4K, it's probably over. Others may be others may want to still buy this, right? Cuz they're still sleeping. US hasn't hasn't woke up yet. If anything, I'm in US and I haven't gone to bed yet. And uh who knows? It's been good. It's been good over here on pump.f fun. So uh who knows if any sleep will be had tonight. Asia is pumping coins now. I for me I'll say a lot of times we do really well

in Asian market. Europe market comes along gives like the tiniest pump for like 30 minutes and then fizzles out. So nothing out of Europe and then the [music] US wakes up and gives nothing. It's like they dumped all the coins that they bought in their sleep or something. I don't know. I've just noticed that a lot. I've waited many times for the US hours to wake up for nothing. Now, I haven't been doing it as long as you, so I I I have not seen all the different environments, right, [music] is one thing to say. I only have a moon bag, so I don't I don't have to sit here and watch this the whole time. But, uh, I definitely I realize I need more experience with that. But, in some of the arenas that we've been in, or

I say should say environments for volume and stuff and world geopolitical events, America and market has not been helpful on pumped up fun. That's for sure. Welcome to Sunflower Land. And I'm not going to say all the things I normally say other than I love DeFi gaming and I'm glad to have some better some better games to play. I'm going to leave it at that. Sunflower Land definitely in the fave. I haven't played Zverse in a while. I got to pull Zverse up. Uh I don't even know why I haven't played Zverse. Probably because it takes a little bit more time and attention. Sunflower Land I could just pop over and just like do something. I don't have to wait for it to load. Zver, I kind of got to load it up every time and it makes it

hard to just like leave it up and just pop over and do something and then [music] come back 20 minutes later and pop, you know, do something again. That can be difficult. So, I guess that's why I haven't been grinding Zverse. But I definitely own some Z token and I don't know how good the tokconomics are, but it's very low value, very low market cap, that's for sure. You don't need much to have a nice moon bag of some uh V ve is the coin. And like you you always say, Prime Minister, all you need is one. A lot of times, like with a lot of like think about how many DeFi games you buy, [music] really good tokconomics and stuff. You need one of them to do crazy numbers for you to just walk off into the sunset

or at least set yourself up for capital for other plays for a very long time. So, if you haven't got that one yet, I would encourage you not to be discouraged. I encourage you not to be discouraged. That's helpful, right? Need more beat route. I don't understand the VIP point system right now. I wish Reliable Jay was here. I'm not sure. I don't want to say. I I literally have no idea. I don't know. I don't know. Uh, I don't know if Reliable Jay is mad at me. Anybody know if Reliable Jay is mad at me? Obviously, I don't need you posting it here in the chat. But, uh, any of my my hardcore underground family, I have no idea why. I don't think that's it. But, um, if you know something, uh, DM me, please. And no, I'm

not looking for gossip or nonsense. Just if you legitimately know something about why we haven't seen Reliable Jay in a long time, uh, please let me know. So, we had three bonders today. Yeah, that's very good. I I went from not seeing a coin bond in a while. So, I'll take three bonders today. That's beautiful. Uh let's go take a look at Sharp Frog again. See, this is where I have to refrain because I want to buy an entry here. This looks like a great entry and it could be. Also, it's at 20K and it could go to 4K and I could just lose all of my entry and you've taught me [music] not to re-enter. We've already made money. Why mess it up? And you're right. Definitely definitely right. But for whatever reason, my brain thinks you should

you should buy like a 05 right here. And I know I know that's how I mess things up. And that's why like it's easy for me to not blame other people because nobody would tell me to buy this right here. Matter of fact, you told me not to. So [music] if I do it and I'm and I lose that money, I know that's my fault. I'm not going to blame nobody else. Yep. It only takes one. Yep, that's right. We get dozens of coins and tokens, but it only takes one to make you some profit. 20K is good. Dev is holding floor. Those big pumpers are late Koss. Well, whoever [music] ran it to 80K, I mean, I imagine I don't know. I don't know the psychology. Like, did the people who ran it to 80K like hit 80K

and then they all sold off at a profit or like people bought in and then other people dumped on them? I don't know. I don't know which one it was. They took their money. Yeah. A retrace doesn't mean rug. It just means better entry sometimes. Yeah. But see where I messed myself up. And this is like a good environment. This one actually might turn around and do something. But I'll buy here thinking 17K is a good entry because we just went to 80. There's a huge difference. And then I'll buy and then it'll go to like 3K and I'll be like I just gave I just gave $45 away. I just gave 05 Solano away. Just like here you go. Take it. And I got to stop doing that because here here we go. We were just at what

20 22 and now we're at 15. We could easily be headed to four. I think when it dumps like this, I'm just speaking out loud because maybe you can help me with some of my flawed thought here. Yeah, don't buy, bro. We'll just catch the next train. Exactly. And I've learned that at this point, but I definitely messed myself up on a few plays where like I made we were starting small. I made like five, six bucks and then we would get here and I'd buy, you know, 05 and then it would go to 3K, 2K and I would lose basically what I just made. And I'm [music] not I'm I refuse I refuse to do that anymore. Lessons are good, but only if you learn them. So, my problem is I got to learn a lesson usually a

couple more times than most people. But once I got this is this is the the silver lining here for me just thinking out loud. When I do get the lesson, I usually never mess it up again. I just have to learn the lesson painfully in order uh for it to really stick [snorts] right. Man, my chat my uh my video is way behind. Gottle. still really like godle. And I think what I'm gonna do is I'm gonna link my Jupiter wallet to pump fun, which for some reason seems more difficult than it should be. Like I should be able to go in there and switch wallets, but it's not that easy for whatever reason. At least when I tried to do it before the stream, it wasn't that simple. And I'll just use what I have in in this

wallet probably just to mine Godle because I really think God is a is a great project. I really do. And I just loaded some Salana in here. So, what are we on? Preset one. We're on pro. [music] We have our wallet linked. I'm always [music] Oh, I didn't put the amount in. That's That's how I'm messing up here. There we go. Now I can deploy. And apparently I'm not logged in. Got to love that, too. All right, let's approve this. Bang. Bang. And we're mining. I didn't even look at the mine rate. Dang it. It's only at 10%. I don't know if I really want to. And uh why is it at 10%. Neither one neither one of these jackpots is really all that great. What's rush at? 500. I really thought one day I was going to catch

I was going to catch that rush. I really did. And then it went to like 62 Salana. Like the one of the biggest rushes I've ever seen. And then all these people come in here and they catch it at two. They catch it at six. The jackpot was really high in the mine. So nobody was contesting me like at all. And it was beautiful. And uh yeah, and then [music] somehow I still managed to uh not win anything and it went to 62 62 Salana. And I actually [music] made money off the shovels. That was pretty dope. I don't think I want any of that right now. O. Yeah, I I'm going to cancel. Oh, no. I don't want to claim soul. I want to stop mining. [music] That's what I want to do. Stop. There we go. It's

at 8%. I don't think I want to mine at 8%. That's no fun. All right. Anyways, love God. Shout out. It's been a little bit since I shouted them out. Just really wanted to do that. Oh, are we about to lift off? Are we about to lift off? I'm mining now. Come jump in the pool, bro. You can, bro. I won recently for the first time. It took a year. That's funny. I just don't want to eat up my soul right now. Uh, let's see. I'm mining now. Come jump in the pool, rope. Okay, so he's saying I should be mining. I thought we don't Yeah, we're at 7.4%. I thought we weren't mining at 7.4%. Unless we wanted like a piece of the jackpot was the reason why you would mine. And uh well, the piece of the

jackpot's not not very great right this second. This thing is like straight up not even loading. Let's refresh this. >> Or am I missing something? Do I have this wrong? 7.4%. >> I don't want to I don't want to drop shovels at like this. We're already at six. Who knows? It could go to 60 soul. It could hit in five spins and I never make any of my money back. I like to try to get in early on these. was kind of hoping this uh mining rate would go back up real quick. I do like that we went to a $1.73 and a dollar like 60 I think. But we held it and we've started trending back up even though I mean crypto hasn't been like extremely bullish or anything. Yeah, Melissa, we just need that one anomin. Yes,

we do. I mean, what if uh frog, cat, dog? I can't even keep can't keep it straight. Which one are we in? Shark frog. There there were so many of them. I couldn't even There were two that had the same name. Um couldn't even keep them straight. I need this to go to like a nice easy 200 mil. And I will I'll make off like an absolute bandit. Of course, I'm kind of joking even though that would be nice. It's wrong, bro. So, just try it. >> I won with only three shovels. >> It's tempting. It's very tempting. My problem is I'll hop in there and then they'll kick me off and I won't even get one spin. Are we talking about mining or rushing? By the way, 6.5 took five minutes, but it took a year for that

five minutes. You just never know. Exactly. I guess it's my appetite for risk right now. Uh I need to I need to win some some good wins for a minute to get to recuperate some funds on pumpf fun because I do dumb things. All right, I took one soul. Maybe slightly over one soul, but at least one soul. And uh I just gambled it on Mayhem coins and I was up. I hit one for like 60 bucks. Like I was doing great. And I wasn't bidding a lot. Like I was just bidding like, you know, between four and eight bucks. Like 0.5 once it rather goes up and I get it or I don't blah blah blah. And uh then I turned around and and looked at it like crap. I ran through a whole soul not even paying

attention. And uh yeah, that definitely uh that messed me up. And then a couple more losses in a bad market and you were out of soul. >> All right. All right, I wasn't out of soul. You get my point. And if you haven't figured it out, we are in the underground crypto hangout part of the night where I am swapping between different games that I'm playing. We're talking about stuff the underground crypto family is doing. Rush, they changed the timer. It rolls random between 30 and 60 seconds. It's much more random now. Oh, really? Well, that's good to know. Let me go back and take a look at that. So, he says it rolls random between 30 seconds and 60 seconds. So, I guess you don't you don't know how long the countdown's going to be. I guess that's

what we're saying. We are in rush, right? Where's my countdown? Oh, you you like don't even have a countdown, huh? Well, that does help. That helps a little bit, man. $3 shovels, though. I got spoiled buying shovels like at two bucks or under. So, now we just don't even know when it's going to go. Okay. So, there is a timer. One minute 4 seconds ago. Wait, now it it's over a minute. So, how long can it go? Thought you said it was between Okay. 30 and 60. Exactly. Watch it. You'll see. Yeah, I see it. Six seconds. Has this person ever [music] won before? No. Angelo, they've won twice. They won a little bit. I mean, it's a nice jackpot. All right, you convince me. I'll buy I'll buy a shovel, but I don't know if I want to

buy like multiple shovels. Ah, $3. Let's see. Let's see if I even get one spin. >> [clears throat] >> Or do they kick me off before I even get one spin? And now we don't even know how long it takes [music] two spin. So I don't know if I'll Okay, I did get one spin. I feel like for $3 to really get my value, five spins would be at least if I got five spins and I didn't win, I would actually feel like I received $3 worth of opportunity. And that's just me. Maybe that's just me thinking out loud. Oh, look. I got a dividend. Wait, I I shouldn't have a dividend. Oh, wait. Dividend says zero. And sometimes I get bounced out of the leader and it doesn't update. Okay, cool. I'm still there, bro. If I won

$500 right now, that would be wild. That looks like it just rolled back to back. I like that. I like that you could get multiple rolls pretty quickly. Tip here. Count from each roll. Like count seconds. I mean I can I can see the seconds or just keep track in my head of how how many seconds? What do What exactly do you mean? Ah, he kicked me off. I think I got I think I got three rolls there. But like I I could rack up way too much money way too fast here. And and who knows how much money this person has. Uh they don't have a lot of money in here, but that doesn't mean anything. They could totally be uh moving money from from somewhere else. I really don't want to eat up my money here. I

will buy one more shovel in good faith, but at that point that's six bucks and I'm out. I'm good on that. I'm either going to win the 500 here or I'm not. But I'm not getting into a bit of war with with the random. And you never know how much money they actually have in other wallets. I think that's part of the reason why they use a burner wallet most of the time. 20 seconds, 25 seconds. Enter after 30 seconds has pasted the last roll. This ups your chances of getting a roll in. It's a good point. It's a very good point. I always got to be careful not to uh psych myself out because for whatever reason I not the see look I already got kicked I got one roll and maybe I did that I did that

to myself but um in my opinion I just wasted $6. I mean I got four rolls for six bucks. If I won 500 it would have been awesome. It's like the lottery. Buy a scratch off. But I'd have to be committed to putting like a $100 into this. Otherwise, like I don't even feel like it's competitive. I got to have enough money to run this guy off. And you could run this guy off and then [music] another random person could just show up to the party and drop one. Seems I like the idea. I think it's cool. I don't want to dog it. I [music] really don't. But um I just don't think it's for me, honestly. Wow. We went back to 23K, huh? And it just jumped with a gap in price. That could just [music] be the

chart here. Yeah, don't chase it. It's fun to do for the stream, but like in my opinion, I just lost $6 and I'd prefer not to do that when I got a lot to make up for. It's just a punt. Yeah, it's just a Hail Mary hoping you hit it. It's nice when you hit sometimes where the the jackpot's really big in the mining, so people aren't paying a lot of attention, right? [music] And so you get to really sit on something for a minute. That happened to me one time. But when the jackpot's not too high in the mining, they're all paying attention to that rush. Now, if I was getting them for like, you know, six bucks and I actually got, you know, three shovels instead of two, that would help a little bit. I dropped $60

on shovels one time and I actually made like a $15 profit off of it and I couldn't believe it. And it's only cuz it went to like 65 soul for Rush, which I had never seen it go that high before. So, when I when I realized I had dropped $60 in shovels and I didn't win, got a little carried away chasing, I was pretty blown because I really thought I had just lost that money. And somehow I didn't lose the money, but I still well, I still eventually went and lost the money. So, risk management control. I'm learning. Welcome to Chainers. Let's hit our trainer stuff. Today we have been live streaming for two hours. I am about to hop off. There's no stream tomorrow, but you can always find me in the Discord. And that is why uh

the Discord is in the description. I guess I never I guess I never put the link in the chat. Melissa did for sure many times. So, scroll back and you'll find it. For whatever reason, it's not in my chat. And if I refresh it, I'm not sure what's going to happen. Lagging. What are you gonna give me? Give me something good. Regular fertilizer. Come on. Dang it. Legendary junk. It's crazy in the game economics when legendary fertilizer is like useless and common fertilizer is like everything I need. Well, you know what it is, guys. Guys, I'm going to go ahead and hop off. We've been live for two hours. I gave you guys my time, my energy, but I got to hop off. It's midnight. But for for my trench family, uh you find me in the chat. I'll

still be watching. I'll still be up. Stay underground. Stay crypto. Think long term. Raise that crypto IQ. And uh if you don't know, let me pick a random topic. What a meool is. maximum extractable value, then you need to raise that crypto IQ Monday through Friday, 8:30 p.m. New York time, right here on YouTube. Going to start cross streaming other platforms. So, that's going to be fun. Also, Saturday, 1000 p.m. New York time. I'll see you guys over in the chat. Everybody else, you can hit me up on Discord. Underground Crypto out. And I really hope you guys enjoyed the hex series. Uh, do we do one about Richard Hart and stuff next week? Tell me in the Discord.