(ORE) Orenium A New L1 Project! Rug Pull Or Moon Shot?!?!

[Music] Street [Music] open welcome to underground crypto how is everybody doing today we have some more new listings over here on G jix this is where I grab a lot of new listings coins come in they're brand new they're interesting um you know these are where some of the biggest gains could potentially be made it's not a promise it's also where you're most likely to find something scammy or a rug pull it is you know higher risk higher reward potentially but emphasis on the higher risk for sure so I just wanted to take a minute before we hopped into another video and remind everybody what the purpose of this channel is um not that it's been a problem I just feel like it's necessary this channel is not like here's this coin go buy it brand new coin you're

going to get rich buy it like I'm not a financial advisor and that's also just not the purpose of this channel the purpose of this channel is kind of like if you were any ordinary person and maybe you feel like you should should be researching a lot of these coins a little more you should be looking into new coins coming out there's so many coins on so many different blockchains and things and um I'm going to do them anyways I'm going to do this type of Deep dive for myself anyways having the channel keeps me more accountable keeps me doing it more often for my own speculative P you know purposes but um I figur why not create a community why not um have you guys join me because a lot of times what I'm doing is you know

reading a lot of the stuff on the websites I know that I absolutely thought um wow it would be nice if somebody read all this stuff to me or for me um because I at least used to not really like going to the websites and having to read all the things I mean I still don't um for my videos I don't read the white papers because they can be quite lengthy and uh I almost feel like that needs to be a video all by itself I don't really know how interested people are and um having somebody read the white paper to them I'm not some scholar by any means I would make a video if that's was if that was in demand so you know throw that in the comments if that's something you would actually like to have

done maybe include a project that you would like the white paper red on you know but aside from that let's go ahead and jump into into the video first of all like share subscribe hit the Bell notification to get all the updates we are a new YouTube channel so you know a little bit of effort with your finger to click the like button or share it with somebody you think might find an a certain project interesting maybe you know somebody that's into a certain Niche goes such a long way guys you don't understand unless you've tried to do YouTube how hard it is when you first start with your YouTube channel but I will say that I feel like this has been going really well and I'm going to try to crank out more content a little more often

all right well all that being said today our coin is called or I haven't super jumped in knew it this is kind of the point of the channel we're deep diving these things together kind of discovering things together I have pulled up the website and looked at it very briefly it was like yesterday so I don't really remember what it was there's so many coins that you review very few of them really you know get you excited and stick in your memory they do have a coin gecko I do like to see that all right GitHub so again this is a g jix we go to markets it automatically takes you to spot market right here where the cursor is you click new listings over here and you will wind up right where I am if you look here's

the the tickers and the names the value of each one circulation market cap when these things are first listed you might see a zero market cap you might see you know zero circulation or zero valuation it's just because they're brand new most of the time it's just because they just don't have that information yet I assume that there's contracts that they have with the exchange to give them that information but when they're first listed they might have a time period to get that to him I don't know what it is maybe it's a week two weeks a month I don't know anyways let's hop over to coin gecko um I think it's a good sign when they already have a coin gecko just because um a lot of projects come on to a g jix and then wind up

getting on to coin gecko they're that new so this is up 1.9% at the time of recording which is 11:24 p.m. um I am in Florida in the United States if you're wondering what time zone they have nothing for a market cap so look at the 24hour 24-hour looks like chop you know it's like just it's gone as much up as it's gone down up down and it seems to move at least in 24 hours which is a very small time scale um it's moving about the same up as it is down at this big dip But Then followed by a big you know uh run up so again that's a 24-hour chart got a 7-Day chart looks like chop one month chart looks like chop this is not a TA Channel if you're interested in ta go check

out the crypto lifer on YouTube fully diluted valuation is like 1.7 million 24-hour trading volume $52,000 I do like to see that the max Supply and total Supply match oh well I'm thinking circulating Supply and they have nothing for that so we'll see it does look like it is a binance smart chain contract I really love binance smart chain um really one of the first smart chains or the first blockchains that I really got into um messing around with that's how I found moox go check out the defi gaming in the moox review you um I just love moox I'm super bullish on it personally that doesn't mean you should buy it do your own research so let's go ahead and over to the website actually let's see what other exchanges they're on pancake swap see they don't even

have a GX listed um as one of the exchanges on here so that tells you that a lot of that is very very new I do see a YouTube link all right let's see 115 subscribers and they don't have any content does make you wonder right how do you get like how do you get 115 subscribers with zero content is it just coming from coin gecko or maybe their Discord I don't know sorry for the long-windedness let's jump into their app actual website here so it's Orum I'm assuming I'm saying it right just like a g jix and many other things I'm absolutely just assuming that I'm saying it correctly cuz I probably am not okay so it says Orum groundbreaking blockchain so this seems like it is a layer one or it is a blockchain which is weird

because it's on finance smart chain but a lot of these projects do incubate on a blockchain before they go you know fully on their own blockchain and it says redefines the standard of performance security and sustainability in the digital landscape Orum invites you to join the journey towards sustainable digital landscape buy or coin read the white paper again like I said a lot of times I don't read the white paper we will pull it up and just take a look at it how many pages in it it is 12 Pages that's not horrible so we got an introduction unlock bling the potential of Orum layer one the power of authority speed and efficiency Ironclad security scalability I mean all the things that we normally hear energy efficient scalability security all the type of things that you would expect them

to say blockchain layer one dap smart contracts web web 3 and yeah just and then the tokenomics and the team I'm sure all that's going to be on the website as well so we won't waste our time but if you're very interested in this project you might want to really read all of that stuff we're doing a a deep dive but also a quick dive this doesn't need to be a 50 minute video so right away it come brings us into the OR coin Supply looks like 125 billion or is how much they have uh reward staking invalidator 2% liquidity 93 team developer 1% marketing 2% and centralized exchange listing 2% and it's locked those are all good things I guess see 93% liquidity that means most of it is for liquidity I guess 5,000 TPS 3 second um

and their o c20s like a brc2 or an erc2 they're calling them or c20s makes sense to me solidity is the base language it is a layer one all right why choose an oc20 Orum is future not not the future it just is Future I wonder if they did that on purpose speed and efficiency Orum underlying blockchain unmatch speed with transactional throughput of 5,000 transactions per second ensures that or rc20 transactions are not only Swift but also cost cost effective neutral and sustainable by choosing Orum you contribute to a Greener and more sustainable digital asset industry big narrative there a lot of the times at least that's what you hear against Bitcoin Security First mindset orc2 standard within Orum inherits the security first approach of the blockchain how to build in Orum building an Orum involves several key steps

from setting up your development environment to deploying smart contract here's a guide to help you get started and they have a guide for you number one they you need to connect with their Network connect your wallets to the test net or main net in your wallet we recommend wallets that support the evm network number two create smart contracts with third party so write some smart contracts so that you know you're doing something on the blockchain first you're on the blockchain now you need to do something on it and then you need to interact with contracts verify and enable after deployment you can interact with your smart contracts using or neum or rc20 SDK or other web 3 libraries in our Network I guess that would be for development I'm not a developer so I couldn't tell you a whole

lot about that offer our ecosystem project I wonder sometimes if this is being translated from another language or something because that didn't really English well the Orum ecosystem is a dynamic an interconnected landscape that brings together decentralized Finance web 3 interactions nft trading secure wallet Solutions and blockchaining education all right and they're going to have Marketplace smart chain defi web 3 Market all right cycling around all the things that you would think that they would have so road map or neum phase one website building social media building documentation creation contract deployment and advertising I do like to see that advertising is on their road map and sometimes I don't see that a decentralized exchange listing pancake swap which they seem to have already uh already completed Community event and Shilling competition now Shilling competition that is pretty hilarious in

my opinion not really a good thing not really a bad thing thing I don't know what to exactly make of that as far as speculation goes I haven't seen a lot of Shilling competition so that's pretty funny but a great idea if you were them launch or de marketing so tesn oh phase three testnet blockchain RPC and chain ID published testnet decks and faucet marketing audit smart contract I see that they have Dex and faucet just want to remind people that on a g jix there is faucets up here and if you click there there are lots of faucets that you can claim these are very minute amounts of but if you're real real broke maybe you even live in like a third world country who knows maybe some of that stuff out of the faucet could go way

up in value over time I don't know phase four coin gecko listing coin market cap listing ecosystem scaling marketing strategic Partnerships and of course phase five main net building smart contract support integration RPC and chain ID published blockchain mainnet mainnet ecosystem building so they got five phases that they're at least thinking about now join with Orum Community now empowering tomorrow blockchain with speed security and sustainability join their telegram I probably should get with the telegram a lot more I used to use telegram quite a bit but it takes up a crap ton of space on your phone and I have one of those phones that has a lot of space on it and it'll fill up your phone it is kind of crazy Orum Orum pionering the blockchain evolution with unmatched speed ironcloud security and commitment to sustain sustainable

digital again not really great English and of course to read the white paper again let's check out their Twitter would be nice if it would open in another your account may not be allowed to perform this action what the heck does that mean all right looks like it fixed itself oh looks like I'm not logged in got to love that anyways um what is going on we're not dealing with this right now I apologize for that so normally I'd follow them I'll follow him in a minute when I log in after I'm done with this video see if they put out anything interesting 3,479 followers uh join February 2024 post has 7.8 th000 views March 26 not bad for a new new herb project I'm assuming it's newer a lot of times these hit a GX exchange as a

new listing sometimes they're brand spanking new and sometimes they've been around for forever and for some reason they're just now getting going with development I don't know why um every project is obviously different the last post is that right the last post is from March 21st it's like seven days ago but I'd like to see him a little more active than that although that post did get 10,000 views assuming they're all genuine views that's pretty good let's see 13,000 views maybe this is from their Shilling competition wondering how they're getting this many views like 15,000 views but you only have you know three 0 4,000 followers that's it's kind of interesting main chain main net this March so they're kind of promising stuff this month that was March 19th so it seems like not a lot of time to

make that happen still in the month of March um and did they say that they got it done no I don't see anywhere they say they got it done all right cool Twitter's definitely something that's worth keeping an eye on we already looked at the YouTube I'm not going to subscribe to them at this moment cuz they have no videos we're not going to go to their telegram either did they have a Discord server and I actually don't see a Discord server I think that is a big disservice to them for sure um but they do have a telegram so maybe they're going more the telegram route very popular with crypto all right guys that's pretty much everything that I can find as far as information on this coin I don't know a ton about it layer ones have

done really well in the past a lot of people who've been in crypto for a long time made the majority of their money off of layer ones that is completely true um obviously in this day and age there's other narratives and other things going on that were not going on back in that day all right guys well crypto run out hope you enjoyed the video if you're interested in Orum you can find it on a gigs and coin gecko have a great day crypto run out