Why New Chains Are Leaving the EVM Behind! 💡

[music] >> I think that we just holding on to something. >> [music] [music] >> A thing that we're just holding on to something. A thing that we're just holding on to something. Just tell me what's on your mind. A thing that we're just holding on to something. A thing that we're just holding on to something. Just tell me what's on your >> [music] [music] >> Welcome to the Underground Crypto [music] Deep Dive show. How's everybody doing? Shout out to everybody [music] who's here. Shout out to Melissa. She says, >> [music] >> "What would you do? Sell your BTC and run to buy [music] AI stocks or buy lower price crypto?" Well, if they're asking [music] me specifically, I would say I'd buy BTC. Honestly, I mean, [music] AI stocks have been running. Uh The Lifer brought this up today

and was talking about it a little bit, so I could easily piggyback off of what he was saying cuz he's an extremely smart guy. They're already running, so you're going to buy a lot of that AI [music] stocks. I don't know if it'll be the top, but they've been running. Let's put it that way. Could they run higher? Certainly. They could keep running for the next 10 years, technically. You know, there's no nothing that has to say they have to come back cuz we don't know where the top is. We don't know how far they could actually go. But, you know, you're not buying the bottom of them. That's for sure. Happy dump day. Yeah, we'll see how many people come on a dump day. Thank you for the super chat. That is the first super chat out of

our goal of five super chats. We haven't had any super chats for a couple [music] of days, and so uh yeah, it really gets me going. It makes uh makes my day [music] to see you throw that super chat. Thank you very much. Why lab don't? Well, we will take a look at it in just a minute. [music] I'll remember that. Give me a second there. Uh welcome back to the channel. Thanks for coming back. It was really awesome to meet you yesterday and have you in the stream, in the chat. So, Ondo up 11%, Zcash up 16%, Lighter up 20%, [music] and I I know that uh the Lifer was talking about how Lighter could potentially go up today. I needed that. I needed that drink. All right, 20%. To a $1.60 [music] for Lighter. I feel like

Lighter's really been a struggle. I mean, it's up 72% over the [music] entire month. Look at that big inverted head and shoulder though on the monthly. Whoa, watch out. That's a big That's a big inverted head and shoulder right there. And I mean, it it did the thing. It looks like there's probably more on that measured move than it's even pumped so far. 100 to 200 here. PIVUS Uh PIVUS I wish I could go dig up when we've gone over PIVUS and gone to their website. They were like a timestamp [music] thing and they completely rather switched or added um and became like AI. So, very interesting, but PIVUS is there. Then we have this genius It sits up 20%. Most of us have a bag of lighter. I'm happy it went up. Do you know when you got

in? What is your average buy on [music] that? So, you got UB down 32%, Sky AI down 23% and Falcon Finance down 12.7%. Let's drop down toggle 1 through 1,000. Everything pretty red and I mean decently red, too. Minus four, minus three. This is, you know, we we look at this every single day. So, hopefully um hopefully it's uh not going to be like this. Hold on one second. I'm sorry. My children are being so loud and it's always the same. It's like, "Where where is my wife? I know she's [music] standing right there. She can't tell them to be quiet." All right, guys. We do this every day. We toggle this 1 through 1,000. This is probably more red than I've seen it ever. I don't think I've ever seen it this red since I've been doing the

show. Since I've been doing the show, which is like the last 7 months, we haven't had such a red day. Says, okay, Most of us have I think the 80 cent range. Well, nice. 80 to 90 cent range. Well, I'm glad to see it's up [music] for you. That is nice. Hopefully it stays up with everything dumping. You know how that goes. Yep. And I I won't forget about you. I know you're asking about lab. We're going to get to that shortly. So, useless up 17%. It's so funny cuz there's useless and then there's another coin. It's worthless. There's useless and worthless and I really thought worthless was going to do much [music] better. Um and useless is the only one I ever see. So, you that's how that's how it goes sometimes. Here's Geo net. I don't know

what's a lot about this. It's up 11%. Anything that's up even a little bit in such a red day looks amazing, right? Bio is even up 6%. But we can't ignore this giant bubble here. Well, I guess it's not giant, but it's down 25%. This is Kintetsu or Kintetsu. I don't know how I'm supposed to say this. I I messed that up every [music] time. Uh Rivers down 17%. Berachain is down [music] 14%. Rave down is down 15%. So, there you go. And what's the biggest category? [music] The biggest loser of the day, I guess, is 800 to 900. Even though they're pretty even. It's pretty even down all of them. Um eSports is down. Fight is down. Wow, fight fell really far down. That's crazy. And I wonder where all of our people are at. I I'm sure

they'll come rolling in. Where is the blues guy? Where is Cam's the? Where is Cryptic Quinton? Where is double O Zo? And I'm sure I'm forgetting a bunch of names, but that's okay. Let's move on. I don't need to try to name everyone. So, Bitcoin 66,963. Call it 67 [music] for all intent purposes. But that is a big fall. Now, here's the question that I'm thinking. Do we have a pretty sharp, pretty fast fall down to some lower prices, and then a quick bounce and recovery, and then people will be talking about how it fell to 56,000 [music] as the bottom, you know, a year from now we'll be talking about that. But most people would not have got the opportunity to buy it. Go back and look at the 15,000 you know, dollar Bitcoin of the last bear

market. And I think you'll see that you know, people didn't have a lot of time to buy a 15,000 dollar Bitcoin or even a 16,000 dollar Bitcoin if you catch my point here. They're probably touching grass or smoking it because of the market today. That's well said, Melissa. I guess I get to see who my hardcore undergrounders are today. [music] Ethereum 1,867 dollars and we're not going to stop. I'm going to raise my crypto IQ today. I'm going [music] to learn about movement and sweep cuz those are our topics of the day here. So, BNB 654 dollars. XRP a dollar 22. Solana 74 dollars and 88 cents. Hyperliquid 70 dollars and 15 cents. Dogecoin falling back to more like 9 cents. Zcash 631 dollars. We've got Cardano [music] at 21 cents. XLM 22 and a half cents. Monero 332

dollars. Everything very red. I'm not going to read all the all the 7-day reds here. Chainlink 8 dollars and 41 cents. Cannon Network 15 cents. And then this is [music] kind of where we start thinking about what projects do we want to load up on? We got LAB. LAB fell. Yeah, I mean it had [music] a retracement. Look how hard it's been pumping since, you know, we'll take a second to talk about LAB real quick. Because I know you wanted to know why LAB fell. First of all, LAB has been pumping like crazy. And it's all been kind of it within the last 7 days, mostly. And so, you know, never financial advice, [music] but I would have expected some kind of pullback at some point. And remember, when things go up fast, they come down fast, right? That's

generally how that works. Go to the 24-hour here. And I mean it crashed down to $8, and it's already back up. It almost did a 100% recovery there from $8 to like almost 16 or almost Yeah, yeah, I mean all the way up most of the 18. That would have been a beautiful buy. And it looks like it's flagging, pump, [music] flag, pump. It looks like it's going to keep pumping. Looks like it'll very quickly recover. Somebody with a lot of this probably was looking at like 27 26 bucks, how much money they had made, and they just said, "Hey, I'm going to dump this. Okay, I'm just going to sell [music] it and take my money because I am way up on this." Right? They decided they didn't want to lose. But anyways, it looks like it's recovering.

Look, pump, flag, pump, flag, measured move, and on and so forth. 5.2 billion in market cap for LAB. Pretty good for a Binance Smart Chain project, don't think? Reliable J in the house that surfed them LAB waves. Yeah. Reliable J, did you buy in at that bottom there? Oh, man, it went from like $8 all the way back up to 17 [music] something or $8 and, you know, 60 cents or something like that. But, I mean, you could have doubled up again real fast right there. MEEM coin [music] 300 and or sorry, MEEM coin $3.36. $300 would be crazy. Uh 14.7% there [music] HBAR is uh almost 9 cents. Avalanche $8.23. Sui, which we're going to be talking about today. Sui's on a little bit of a dump. [music] I would love to buy some Sui. 81 cents, >>

[music] >> down 20% basically today. Let's go look and see where that Flare coin is for the king of Flare, number 92 [music] by market cap. All right. Now, let's go see what is trending. But, before we do, let's introduce >> [music] >> the topic of the day. So, the quote of the day, first before we get to the topic of the day. Yeah, got back in at 6, got out at 23, sitting at 15. Okay, so you got back in at $6, got out at 23. Well done, he says. Lobster banquet, yeah, exactly. Thank you for posting those links, Melissa. So, if you want something you never had, you must be willing to do something you've never done. And this should be incredibly obvious. Like, if you want the life you've never had, [music] you got to do

the things that you were never willing to do before, and now you are, and that's why you get what you never got before. Um what is it? The definition of insanity is to do the same thing over and over [music] and expect a different result? That's what was that Einstein who said that? Either way, you know, it's kind of an inverse quote here, but they're both telling you the same thing. But, how many [music] people constantly complain that they are getting the same thing over and over, but they're not doing anything different? And I don't plan on moving away from being a crypto channel ever. But, I do really love to talk about some personal development and uh you know, hopefully inspire some people to to get up and just really do the hard things, right? We listen to

Jim Rohn, we listen to this, that, and the other, and uh it really is some powerful stuff when you stop fighting it. Gonna get lab on car license plate. It's about to buy me Oh, yeah, it's about to buy you a a car. Hey. Good for you, Reliable [music] Jay. I love to see you winning, brother. It looks good on you. All right, we may not know this, but Move was originally developed for Meta's [music] Diem blockchain project before becoming a the foundation for a newer ecosystem like Sui, [music] Aptos, and Movement. So, today we're mostly focusing on Sui and Movement, kind of the way that we did Monad and Mega ETH. That's that's kind of the idea here. So, if you didn't know, actually Move was developed for Meta's Diem blockchain project, but that didn't work out. I

think that got shut down by like Congress or something like that. They were like, "No, no, no, no, no, Facebook. You don't You're not allowed to touch this." So, the language was designed around safer handling of digital assets transfers access control. Sui's official Move page says Move was originally developed for Diem and was designed around smart contract needs with first-class abstractions for asset transfers and access control. Ethereum's virtual machine became the first No, no, no. Became the default smart contract environment of crypto. Sorry, [music] too many thoughts running at one time. So, it gave us DeFi, NFTs, DAOs, and thousands of applications, but some newer chains are asking a dangerous question. What if the EVM is not the best model for everything crypto wants to be? Tonight, we're looking into Movement and Sui, and why Move based chains are

trying to rethink [music] how blockchain applications are built when it comes to blockchain technology. [music] I will really take as much innovation as we can get, as many different angles as people want to dedicate themselves to and try to build. I'm here for it. Let's see it. Let's see who the winner is because I know the marketplace is going to produce who the winner is, right? Okay. So, for years, the EVM has been one of the most important pieces of crypto infrastructure, the Ethereum Virtual Machine, right? It gave developers a shared environment to build, a common standard, and a place where smart contracts could be written, deployed, copied, upgraded, forked, and reused across ecosystems. That is why EVM became so powerful. Once a developer learned Solidity and EVM based development, they could build across Ethereum and many Ethereum compatible

chains. That network effect is massive. Every dominant system eventually creates a question. Is this the best possible design, or is this simply the design that won first? That's where Move based chains become interesting, right? Move does not try to just be another programming language. It starts from a different assumption. And crypto assets are not just numbers in a database. They are digital objects with ownership, transfer rules, permission, and security requirement. [music] I love this net I love this topic tonight. It is really going to raise my crypto IQ. I know that. Move was designed with digital assets in mind from the beginning. That matters because smart contracts [music] smart contract mistakes can be extremely expensive, right? A bug in traditional software [music] can cause an app crash. A bug in crypto can drain a treasury. Big difference. Stakes are

higher out here in the blockchain technology. Or break a protocol. Or permanently lose user [music] funds. So, the argument behind Move is simple. If blockchain apps are going to manage valuable digital assets, maybe the programming model should treat assets [music] as first-class citizens. Sui takes that idea and builds an entire architecture around that object. So, the question here is how well do you understand Sui? How well do you understand how Sui works? What makes Sui different as the topic is from any Ethereum virtual machine based chain? Uh this narrative is this why maybe we don't see Sui included in a lot of the conversations a lot of the time because it is different. That is my question to you. Let's find out. So, instead of thinking only in terms of account [music] balances, contract storage, Sui emphasizes programmable objects

that represent user-level assets. Sui documentation describes objects as a central concept. And Sui documents describe the network as using an asset-orientated programming model powered by Move. Now, this becomes important [music] because although the market is not going to take the time, like your average person in crypto is not going to take [music] the time to understand this stuff, if the tech is viably [music] different and works, it can still win out and matter over time, even if everybody doesn't immediately know this and doesn't immediately adopt and doesn't immediately think it's the best [music] thing ever. If it works well, it can still win out long-term. Movement is trying to bring MoveVM, which is just their virtual machine-based infrastructure into a broader [music] ecosystem where developers can build scalable and secure applications. Its official site describes [music] Movement as a

layer-one blockchain built using the MoveVM. While Binance Research has described Movement as a MoveEVM layer-two for Ethereum, that difference in [music] framing is worth paying attention to because Movement's broader pitch has centered around combining [music] Move-based benefits with access to Ethereum-style liquidity and users, right? So, we're still talking interoperability, right? They still [music] have the ability to work with EVM-style projects. And that brings us to the deeper question: Is the future of crypto mostly EVM-compatible? In the short-term, I would say so. Or do new new types of apps require new types of architecture? I could see a lot of benefits to maybe going hard on doing it a different way because who knows what that might unlock for the industry. That is what today's stream is really about. Not just movement, not just sweep, but whether the next [music]

generation of blockchain applications need something fundamentally different under the hood. And where are we at? All right, we are caught up. Thanks for showing off those custom emojis. If you would like some custom emojis, they are $2.99 a month and you do get the membership stream and all kinds of other added benefits there. Let's go take a look at what is trending. Look at that, lab is trending today. Uh bonk. Uh it's being bonked down to lower levels, but it's trending. Lab, lighter, Ondo, Hyperliquid, Pudgy Penguins, Bitcoin, Zcash, Near Protocol, >> [music] >> Solana, Bittensor, Toncoin, Brave DAO, Octa, which we've gone over a few times here, and Super Fortune, which we've gone over >> [music] >> and is kind of newer on the scene than say Octa is. Let's go take a look at Bitcoin. Let me move

you guys over to TradingView here. And let me not forget to move you back when it comes time. And here we are. Let's go to like the hour. Some pretty ugly price action. And what does it make you think about? Well, it makes you think about [music] this double bottom here, right? This is on the one hour. Actually, let's go to the four hour. Make a lot more sense, right? Instead of talking about [music] that double bottom, we can talk about this double bottom right here Because it's essentially where you're back to. I mean, we had our lowest levels, which were Let's get rid of that giant circle. We don't need that. >> [music] >> Uh which were 59,861. So, we went just a touch under 60,000, right? Now, is this whole thing like a cup and handle? [music]

It's worth a thought. It's definitely worth a thought here. But, you're really giving back all the gains, like all the pump here. We've given all of that back. So, I mean, it's a little sad. It's a little sad. Cam's in the house. Welcome in. Welcome in. Does anyone know what is the next gem coin to fly, like LAB or HYPE? Yeah, anybody got any opinions on that? Definitely Well, here's the question that I want to talk about, right? Because LAB is doing really well. There's a few projects that are doing really well, like HYPE. But, if Bitcoin loses these levels, are we expecting [music] to see something And this is what happens, all right, guys? People start expecting to see something that we've never seen happen before. And although I'll be the first one to say it totally could

happen, the decoupling of DeFi and DeFi running on its own, it could happen, [music] okay? But, it's very unlikely to happen. Can we agree on that? Can we agree that [music] that's kind of unlikely to happen? It's It's more unlikely for the thing that never happened before to happen than >> [music] >> it is likely for the thing that always happened to happen. That's the more likely thing. Everybody following me here? Because if you start losing these levels down here, like 62,758, I mean just call it 62,000 in general. Like you lose [music] this level here at 64,000. How long How long do you think Lab and Hype are going to pump if we continue to fall straight down past 60,000? Like I I find it very hard to believe. Now, I would personally personally love to see the

decoupling, right? Of DeFi and DeFi to just run and do its own thing and it not matter anymore about Bitcoin. But, I just don't see it. Kind of a complex shoulder shoulder shoulder head shoulder [music] shoulder shoulder. It's almost like a head head and shoulder the head with a head and shoulder as [music] the shoulders. Kind of interesting. But, it dumped hard. So, [music] are we done dumping? That's the question. 4-hour pretty oversold. But, what happens is people probably [music] start deciding that they're going to long this thing and it just drags us down [music] deeper. It's what happens a lot of the time. Welcome in. Smash that like button. Subscribe if you would. And know that we have a free Discord for you guys that I will link [music] right this second. Pin message. All right, there we

go. So, our free Discord is linked in the chat. Come on over and hang out with us. Hey, Blues Guy. Welcome in. Welcome in. Uh Liz, check out humanity. Yeah, humanity's one. Says I have a small bag. There you go. And uh so basically when it comes to BTC what exactly [music] are we hoping altcoins are going to do if Bitcoin decides, "Hey, we're going to go continue this bear market." We're going to continue a a bear market down to say 55,000, 50,000. People have talked about 45,000. Why would then we Why would we expect [music] um altcoins to just continue to rip and run? Unless they decouple, right? Take a quick look at LAB. [music] Look at these wicks. They look better on the 1-hour. You had this crazy wick down to $6.31. Is that where you got

[music] back in, reliable bear? If so, then uh well, well done. Uh mega ETH did continue to dump. Which >> [music] >> not surprised. This is why I haven't got into this project yet. The lower it gets though, the more I might want to just take a little nibble, for sure. Let's look at humanity. As humanity is And of course we will be talking about tonight, right? [music] So we doing doing whatever Bitcoin's doing, right? And ticker H is humanity. [music] There we go with it on MEXC. Why not? Interesting. Where did it go? Must have already had it. So, here we go. Here's Humanity. I mean, Humanity's been pumping. Definitely got some action going here. Definitely see that shoulder head and shoulder in there. For sure. But, if you do hold, maybe you're going to flat [music] out

and take this measured move. Again, it doesn't make a lot of sense if Bitcoin's going to keep dumping [music] for several days that this is going to play out. But, Humanity could go to a dollar. Call it a dollar 18 for sure. [music] About a dollar 18. But, of course, it does look like it is setting up this shoulder, head, shoulder. That would give you a measured move here. So, I would be wary of that measured move. And if you pulled a fib, that measured move would say right to the 786. You'd have support at the 200-day moving average, basically. >> [music] >> They converge. You have a converging of the 786 and the 200-day moving average [music] if the shoulder head and shoulder falls out. And if it does, it's probably going to do it, you know, from

about here down. So, that's just some of my insight there. What else do [music] we want to talk about? The lab [music] The lab wave rider. Well done, Real Vision. Well done. And Blues Guy says, "CLO or Clovis eFinance." Uh What is CLO? [music] Yeah, okay, YEE finance. That is the ticker. I thought it was uh YEI. I thought it was the ticker. Not a project I look at [music] often. But I certainly know what it is, right? With the with the prices, it's it's hard not to [music] know what this thing is, right? Uh is this the right Yeah, YEE finance. [music] Here we are. So, let's go look at the 4-hour. It is pumping. And I [music] mean, you can see a ton of previous price action at this level [music] here. So, that's certainly good. You're

far away from [music] the 4-hour, though. Um it probably looks worse on the daily. Uh look at that gap. Look at that gap. So, I mean, here you got far away. Look, right here, you got real far away from the 4-hour, 21, and it just kind of came down [music] and went sideways until it met it. And then it dumped. Right? Don't forget that part. But either way, it looks like it's running [music] for its 1-day 200 moving average. Which it barely even has [music] a 1-day 200 moving average. >> [music] >> That 1-hour right in that 21. Your moving average is starting to get pretty far apart for clove, YEE finance, right? >> [music] >> I don't know. I feel like I would let this one give me some pullback first before I bothered with it too much.

[music] Then we got Sky AI, which I know just continued to dump. We have been looking at [music] it the full range here. If you pull away from that high wick and just go more with candle bodies, you you're you're closer to a 786. And this is kind of what we were just talking about. 786 lining up with the 200-day moving average could be a good place to buy. Now, I don't really consider myself well-versed in Sky AI as a project. Uh I have no idea if it really has a whole lot to offer or if it [music] mostly just is riding some kind of hype wave, marketing campaign, [music] a pump and dump group maybe they got a hold of it. Somebody had suggested on the live first stream today. Somebody was talking about that. So, that doesn't

mean you can't make money with it. It's just kind of a question of [music] how far do we trust this thing if you're going to put some serious money in it. And then again, I can't say this enough. If you're going to keep dumping to like 60,000 for BTC or lower, >> [music] >> I don't know if it's a real good idea to be trying to catch altcoin pumps. [music] But you do what you want to do. Never financial advice here. So, the Fear & Greed Index is at 11. [music] Now, the last time we were at eight and five for the Fear & Greed Index, we were at about the same levels, right? For BTC. We were We had We were at where we kind of double bottomed, right? So, are we going to make like a triple

bottom here? Some kind of really cup and handle with a really nasty cup that went down a lot. And then we pump up. Because usually when the Fear & Greed Index goes to like five and eight, that's usually a bottom. So, it's hard for me to [music] believe in now. This thing dropped a lot. It was 23 yesterday. I do remember that. Yeah, that clove on the weekly looks good. Yeah. I just want to see clove pull back a tiny bit and come to like the 4-hour 21. And then it could really go for some massive pump. Or of course [music] stay where it is and the 21 comes up to it. Of course, of course. So anyways, like I said, fear and greed index getting awfully low. Are we going to have some time at super low fear?

And when has that not been bottom indication? And if it's at 11 now and we go to 55,000 what are we going to go to one on the fear? We're going to go to one on the fear and greed index? It's kind of crazy. Is the fear and greed index broken? I doubt it. So we have the Atlan network. singularly singulary I feel like that's not spelled normal. All right. Signal plus, Wanderfy Ardora or Ardor Irene, Speed Lab, Edge X, Blockfills Piverse which has completely changed their narrative. Lab, of course. AIVIVE Who's that? AIVIVE? Marvel Technology tokenized stock. So here's some more Ondo tokenized stock. Kijin which we've talked about Kijin many times. Uh Five Chain, Ripple USD or RUSD Gido Labs Bitcoin Monad, yesterday's whole stream, right? Talked a lot about Monad and Meme Core which Meme Core's

back up over $3 for anybody who's not paying attention [music] at home. We could see a one on the fear and greed index. If it does, I'm going to buy some spot. [music] Hey, you keep that energy. Keep that energy. Because everybody always says that they're going to buy when that thing goes low. And I remember when we were at five and I did not get the vibe from people that they were going to buy anything, okay? So, we'll see. We'll see. But, I hope [music] you do. I mean, if you go to one, I mean, you literally I don't know if it just keeps dumping, you're just going to stay at one and it just gets like stuck there, gets pinned at one. It could. Definitely could. So, let's talk about what's new on the radar here because

even though Bitcoin is dumping [music] and we could go to say 50,000, 55,000, 60,000 in the near future, does that mean we should stop raising our crypto IQ? Does that mean that we should stop learning about new projects coming out? I don't think so. Ethernity Network has been on the radar a lot recently. I remember when this coin came out, for sure. Ethernity Network is a modular, multi-layer blockchain network modernizing the sport industry. Uh what do I want to say here? There's been a lot of projects to come out and talk about sport. Chiliz is one of them, right? And I've never seen any of them really do anything all that revolutionary. They're like, "Well, you will do predictions on sports." And it's like, "Okay, that's cool, but it's not really revolutionary. A lot of other people decided to

do that as well." So, when they say they're modernizing, what exactly [music] does that mean? Are we looking at something like this? And again, a lot of all coins and cup and handles and stuff on higher time frames like they're going to do something like [music] Bitcoin's not going to go to 55,000, [music] right? Now, I'm not saying it's not. I'm just saying it's weird to have a lot of all coins in large time frame bullish patterns. That's not usually how that works. But, nothing is impossible. [music] Those patterns could just fail and who knows, black swan event, right? What? >> [music] >> That would be legendary. Yeah, it absolutely would be. I bought a few things today, said Melissa. Don't worry about the coins that pump. Remember, you got quality coins and they have their time. Don't chase,

wait, accumulate smart [music] money. There you go. And yeah, this [music] is this is I mean a falling wedge for at what a network. How far it's going to fall and retrace, I don't know. But, it looks pretty good. How long has it actually been [music] around? I think is the next question I want to know here. Let's go to weekly. And look at that, great price action since it came out. Uh the 11th of August 2025. [music] Big pump here. Go it it literally [music] went from $25 to $287. Like This is a weekly, so 1 2 3 weeks and then it [music] held there for a while and now it's a $193. [music] Interesting. Let's grab that Fibonacci. And you've already had a 0.5 [music] bounce. I would not doubt if maybe you get a wick down

into the golden pocket before it rips. Pretty typical price action stuff. Anyways, if you're not familiar [music] with Atleta Network. Huh. All right, they're saying that their uh >> [music] >> website could be problematic. I doubt it. It's probably fine. It probably just doesn't trust it because it's such a a new website, new project. It also probably has a lot of maybe AI in it and stuff that makes it kind of questionable, right? All of these, you know, spam, not spam blockers, but, you know, uh antiviruses and stuff [music] trying to keep up with the environment that we're in is probably pretty hard. So, Singularity or Singularity Um Singularity is a non-custodial [music] DeFi or DeFi AI platform on BNB chain offering AI automated yield strategies with no-code token launches with instant liquidity. Very interesting here. 35.1 million in

market cap. All-time [music] high market cap, 48 million. So, not very far away. The chart I hate when they have these ugly charts >> [music] >> and not a TradingView chart. Okay, this low. Here, I just want [music] that low. It's not going to let me have it. That's kind of really annoying, but okay. Moving on. Let's go to their website. Autonomous DeFi starts here. So, use AI-powered [music] strategies to optimize yields or deploy fair launch tokens [music] with instant on-chain liquidity. Launchpad. Right? >> [music] >> Launch an app, deploy launchpad, either way. Start earning launch your token. So, the [music] earning or the launch app, you know, yield farmer, you can go there and and uses AI, I guess, to manage these uh yields with USDT or USD one, and then it's just a straight-up launchpad [music] as

well. Now you know, now you know, now you've raised that crypto IQ once again. So, we got single [music] or signal plus. One day I'm going to learn how to read. Uh Signal Plus is a crypto options trading platform. Raised 101 million. HashKey Capital. >> [music] >> And that's not really something I want to dig into right there. Let's talk about WonderFi. WonderFi is a Canadian-regulated crypto platform operated [music] by Bitbuy and Coinsquare. We're going to move through these a little quickly cuz we do one, we've been over a bunch of these yesterday, and two, we have a lot of information that I really want to get [music] to. A scalable, secure, and proven blockchain platform and a cryptocurrency project offering unique out-of-the-box features [music] and child chains? Okay, who came up with that? That's terrible. I don't like

child chains. That sounds terrible. How about like parallel chains? How about parachains? How How about just anything [music] except for child chains? I think that sounds terrible. All right. Moving on. 37.4 million in market cap. Been as [music] high as 2.5 billion. Oof. This thing must have been out for a while. Cuz man has it fallen massively. Yeah, since the 1st of May 2020. Good on that. I'll just straight up pass on that one. Irene or Iren. Iren owns and operates next generation data centers. So, this is straight up They've raised $5.1 billion, right? They're not even out yet. >> [music] >> And what I dig funder and backer pretty much exclusively. Um, owns and operates next generation data centers that are 100% powered by renewable energy, optimized [music] for Bitcoin mining, AI, cloud services, and other highly high-density

computation needs, computing needs, right? Seems like a winner to me. Irene probably [music] one that'll do really well. Be really interested to see what it does when that token launches. It says CLO, not clog. Genius, not enius. Oh, okay. He's fixing his own typos. Yeah, I already have Serve. I like that coin. Yeah, definitely. Although Serve pumped a bit already. Yes, it did. Still looking for a good entry on that. Speed Labs, 6.5 million. Speed Labs is a real-time sports [music] prediction market infrastructure API powering sports books and crypto betting. I mean, some people are really into [music] this. I say very lame. I don't really care much about it. But, that's my own personal, you know, I'm not a big sports better. What can I say? I know some people who are. Blockfills, we'll skip EdgeX. Been [music]

over that a million times. Uh Blockfills is a firm delivering bespoke end-to-end liquidity and software solutions for institutions. So, more more projects orientated towards institutional services. [music] PIVX, again, they kind of flipped the script on us. They were timestamps and Time Phi. And now they're [music] touting themselves as a X402 platform empowering agent-to-agent transaction via universal commerce protocol. >> [music] >> Sounds pretty cool. I don't know what happened to what they originally were doing, um if they're still doing that [music] and they just upgraded or if they completely scrapped that all together and just basically kept the name. I don't know. 274 million market cap, then it's high as 381 [music] million. I feel like a lot of people have their eye on PIVX. I just want to say that. Like, I feel like PIVX for [music] whatever reason

a lot of people have their eye on it. It's only a dollar right now. All-time high is like a dollar 76. 274 million is nothing. I think PIVX [music] for whatever reason fits the narrative and things to be one that that just rips if Bitcoin doesn't go to 55,000 soon. >> [music] >> AIVEEV or DeFi just decouples. Uh Blues Guy says, "UG." Yeah, I was in that pump when that happened. These pops going to kill you, bro. Carbonated water [music] so not good for your stomach and gut. I know you didn't ask for my opinion. [music] Yeah, that's okay though. I don't mind your opinion, man. I like one every once [music] in a while. At least there's zero sugar and stuff, but definitely our carbonated water. But honestly, I've been eating like nothing but watermelon after watermelon after

watermelon. So much watermelon. Loving it. That usually uh the only time I actually have a soda is on the stream usually cuz I usually crash. I know nobody asked, but I usually crash about 2 3 hours before the stream because I've been up since like 7:00 a.m. I put hurricane shutters up for a customer. I [music] start my day usually by walking 2 and 1/2 3 hours, then hitting the gym, then usually doing some kind of job, running errands, doing what I need to do, and two stream or two set up the stream, two reels a day across multiple platforms, post on multiple platforms. It's it's a lot. And then by the time [music] it hits about, you know, for me 8:30 p.m. is when we go live here. When it hits about 5:00 5:30, [music] I'm like, "Yo,

I need to lay down." Crypto Quinton, what is up? I love to see that name come through the chat. Welcome in, my fellow undergrounder. >> [music] >> We are about to get into some sauce here. So, welcome in. Welcome in. Uh he says, "Bro, come [music] on. I wake up at 4:00 a.m. all day non nonstop, no [music] sleep, full energy." I don't know what you're getting at here, but um Well, I didn't [music] say blues guy. I didn't say anything about drinking carbonated sodas having anything [music] to do with energy or any I didn't say I didn't say any of that, bro. I just said that the only time I have one is usually like when I hit the stream. And they're all sugar-free and stuff. Carbonated water is about the only thing in it, actually. Anyways, AI

V has raised 8 million. He says no no plastics, either, bro. Now I'm pissed. Hey. Buy me some copper [music] stuff and I'll drink out of copper. We'll pour the copper We'll We'll pour the the plastic [music] jug water into a copper jug and and then hope that all the microplastics disappear. How are we doing tonight? We're doing great, Cryptic Clan. We are doing great. You guys long on Klaw? No, we were checking it out, though. We We are definitely checking it out. Uh it says, "UG, I'm worried, man. I've been telling [music] you for months." Don't worry. I'll get right. I'll get right eventually. I always do. [music] I don't think I'm going to drop dead from from carbonated water microplastics. Not saying that I think it's good for me, but I certainly [music] don't think that that's

going to be the end of me. AI V Let's touch on this project real quick. It has a social tag. AI V [music] builds an AI powered Web3 image feed with on-chain [music] revenue sharing and deflationary tokenomics. I love the deflationary [music] tokenomics, today. They put that in the description. I like that. It's like we're about to get techy, a web 3 native AI project building what it calls the first recursive AI protocol centered on an AI generated image feed where users taste They lost me there. Taste? and creator activity are directly tied to on-chain token economics and programmable scarcity. I don't even know what we're talking about anymore. How do you The feeds where users taste? That just must be a term that they're using. Like an acronym, maybe? The platform connects AI image creation with revenue model

in which a programmable share of platform income is used to automatically deflate the network's [music] native asset through a reoccurring on-chain burn mechanism turning ongoing product usage [music] and engagement into driving a war Yo, this is interesting. So, this AI V >> [music] >> This AI V is basically saying that they have an AI image [music] generator, right? I don't know what the whole taste thing is about, but it's an AI image [music] generator and the more that people use it, the more it burns >> [music] >> the native coin AVB. That's a pretty cool idea. Now, what the burn rate is and how many people are actually going to use it, I have no idea. >> [music] >> But, I do like that this project is heavily focused on burning the coin. Like, that sends a good vibe

to me. I think I need to know a little more about tokenomics, which there's no token generation event yet, so you're not going to have any tokenomics. [music] They've raised $8 million, which is enough money to really, you know, get something going here. I'll be watching [music] this one. I don't know why it'd be considered social media. To me, they just are an AI-generated image feed. Oh, cuz it's a feed. This is interesting. I'll be keeping an eye on this one, this [music] AIV. Certainly keeping an eye on that one. Cuz AIV is in the OKX universe. Yeah, okay. That's good to know, for sure. Uh Cryptic Quinton said, "For real?" For real? Yeah. I [music] I mean, carbonated water is is certainly not the best. All right, we got a tokenized stock, Marvel Technology. [music] KGN. I haven't

talked about KGN in a long time. KGN is a platform that functions both as a gaming engagement platform and an e-commerce marketplace, designed to build [music] gaming communities. I would also say very heavily Korean market. Wow, this thing went all the way to $2 when it first came out, or it started at $2 and fell [music] out and never did anything else. One or the other. Not sure which one it was. Very interesting. Looks like a support at 12. 8.128 support here. All right, that's KGN. We got Vechain [music] is newer on the radar here. This is I think it is. Actually, I think Vechain is Yeah, Vechain is much older than I than I originally realized when we first first went over it. I realized that now. Uh the 7th of April, 2025. It says the all-time market

cap for Vi Chain is 21 billion. That doesn't [music] make any sense. The last it was here when it went to $110 [music] this week. Whoa. Is that like a large bearish [music] hammer? Is that what that is? This thing really went to like $111 [music] like this week. I don't remember that happening. Jito Labs, Cam's favorite project. Cam says I love my diet Pepsi. It is my favorite. Ooh, ooh, aspartame diet aspartame. Um, everybody's got something to say. We'll make it so you can't drink anything but pond water. Jito is the liquid staking service for Solana that distributes maximal extractable value rewards to its holders, making those MEV attacks work for you. 56 [music] cents here. Market cap 272 million, been as high as 1.1 billion. Wow. Yeah, and I remember when Jito was was [music] kind of

the talk of the town. It went to like $5.32. It's at 56 cents right now. Solana not looking so great right now, though. Can we all agree with that? That Solana was all about them meme coins, and when the meme coins slowed down, Solana has slowed down a lot. Does that mean that Solana is done? No, not at all. >> [music] >> I don't think Solana is done at all. It's still uh still good chain. Just its use case [music] was very concentrated memes, right? Uh Manad We don't need to go over that meme core. All right, so we did our due diligence. We went over what is trending. Let's look at our top gainers, top losers real fast here. Let's refresh it. And then you said I sold all my Gedo [music] a long ago, lol. Ran said

to [music] only hold large caps after the first dump to 65. All right, well you do what you want to do. I certainly don't listen to Ran [music] on anything. Let's see, Dexie, 30% gainer of the day. Lighter coming in second, 17%. [music] Useless coin up 17%. Zcash, Ondo, Origin Trail, [music] right or track. And this Rootstock infrastructure framework. See what the top loser is, Sky AI. Walrus, which is pretty much the top project [music] in the Sui ecosystem. So why is that getting dumped is a good question. Say EthFi, [music] Aptos, artificial intelligence fat, which had like a a weird pump recently. So I guess it's giving it all back. And Aether. I don't know why we're on Twitter. All right, let's [music] get into some of the sauce here for the day. So the EVM won because

of network effect, right? So Ethereum virtual machine won because of its network effects. The EVM became dominant because it had the strongest developer mindshare, and that matters. In crypto, developers do not want to rebuild everything from scratch every time they move into a new ecosystem. I I really feel like this can't really be overstated. Having this consistent [music] across-the-board EVM compatibility is really, really, really, really important for developers. They want familiar tooling, wallet support, smart smart contract standards, existing libraries, infrastructure providers, and liquidity. The EVM created a kind of shared language across crypto. Except for Cardano, right? >> [music] >> That is why many chains choose to become EVM compatible. And I'm just >> [music] >> messing around. I'm pretty sure that Cardano has an EVM compatible, you know, what would you call that? Where it transfers, right? Where

you can just easily, quickly transfer the code from Cardano's programming language to EVM compatible, right? It's Solidity. >> [music] >> But dominance creates inertia. Once a system becomes standard, people keep building on it because everyone [music] else is already there. Very important. What's the point of developing stuff if people are not there? That does not [music] always mean it is the best possible design. It means it has the strongest [music] ecosystem gravity, which is a cool way of saying that. It's a nice I I like that. Has the strongest ecosystem gravity. Why some chains want [music] to move beyond the Ethereum Virtual Machine. So, the Ethereum Virtual Machine was not originally [music] designed for every possible future crypto use case. It became [music] the default because it worked, not because it solved everything perfectly. >> [music] >> Newer chains

are asking whether crypto needs a different foundation for asset safety, parallel execution, [music] gaming, consumer apps, higher throughput applications, and [music] more complex ownership models. This is why Move matters. So, basically, although Ethereum Virtual Machine works well, Solidity works well, the things that we're having trouble building in crypto right now, those things might [music] require us to have a different option when it comes to developing. Move-based ecosystems [music] are not just trying to copy Ethereum. They are asking whether digital assets should be represented and handled differently at the programming level. That is much deeper design question [music] than a simple which chain is faster, right? People oversimplify when it comes to who's faster. It [music] just becomes a mute a mute conversation or a mute argument. All right, we're caught up on the chat. So, what makes Move different?

And again, Move is a programming language, and Movement is a project, [music] right? Move was designed specifically with digital asset in mind. That means assets [music] can be treated more like resources with strict rules around ownership, movement, and access. This is important because in crypto, assets are the product. Tokens, NFTs, game items, stablecoins, lending positions, government rights or governance rights, these are all forms of digital assets. Move tries to make it harder for developers to accidentally duplicate, lose, or mishandle those assets. This does not mean Move eliminates all risk, okay? Smart contracts can still have bugs. It does not mean the language was designed around the reality that blockchain programs control valuable assets. That [music] is the central difference. Now, I guess we're going to get into Sui. So, Sui's object-based model changes the mental model. So, how [music]

many people even know that Sui is an object-based model? So, Sui is [music] one of the clearest examples of a Move-based blockchain design. How many people really knew that Sui itself was so different in its design [music] from all the other chains? I don't know. I would say most people probably don't know that. Sui does not just use Move as a language. [music] It builds around the idea of objects. And my takeaway here is that objects have a lot to do with Move and Move as a language. On Sui, objects are the basic unit of data storage. They can represent user-level assets with ownership and programmability attributes. This matters because it changes how developers think. Instead of only asking, "What is the balance of this account?" developers can think in terms of, "What object does this user own? What

are the rules attached to it? How can it be transferred, modified, used, combined, or upgraded?" This can be very useful for things like gaming assets, NFT, digital identity, ownership-based apps, and consumer crypto experiences. That is why Sui is often discussed in relation to high-throughput apps and asset-heavy experiences. I don't know about you guys, but I am loving this >> [music] >> uh topics that we've been over. Yesterday was an amazing stream. I'm going to take a minute just to give everybody a breath of fresh air here. Yesterday's stream I thought was amazing uh for all that we got into. And this is really just a great follow-up to it. I knew it would be. And I am just kind of reaffirming a lot of stuff I've [music] gotten into before when it comes to movement, right? He said, "Sup

S down gang?" What is S down? Is that Is that some kind of uh inside joke you got going on? Okay, Movement bet. Movement bet, right? Bring Move virtual machine into a wider crypto environment. Movement is interesting because it is trying to make Move-based execution more accessible [music] in a broader ecosystem. Its official documentation frames Movement as an ecosystem for inter- interacting. Why I thought this was inter-racing. [music] I was like, "What What What Where are we at here?" Okay, so Movement for ecosystems for interacting with Move-based architecture. And its official site describes it as a layer-one blockchain [music] built using Move virtual machine for scalability and secure applications. [music] Just realized one of my customers was messaging me. All right. It's official. Yeah, we just [music] read that part. Okay. So, the bigger idea is that developers may

want move safety [music] and performance benefits without completely abandoning crypto's existing user and users and liquidity. So, basically are we going to get some kind of hybrid? I mean, if you look at blockchain evolution, I would expect [music] us to keep the best stuff, get rid of the stuff we don't like, or intermix it where it makes sense, [music] and then take it away where it doesn't make sense. That's how we're going to get the best products. That is why movement often gets discussed around the [music] idea of bridging move and Ethereum Virtual Machine worlds. The pitch is [music] basically can we get the asset safety and performance benefits [music] of move while still connecting to the broader Ethereum-style crypto economy? That is a very interesting bet, [music] because if successful, it could reduce the tradeoffs between new architecture

and existing ecosystem access. >> [music] >> 0000 in the house. What is up? He said, "Yo, Dcash made me happy today." Very glad to hear that. Was >> [music] >> Zach pamping is what everybody wants to know. And we are [music] getting deep in the sauce. I don't know how much you guys value this type of information. I know I certainly do. So, I'm going to keep going. This is really a battle between compatibility [music] and reinvention. The Ethereum Virtual Machine has all the compatibility, right? Move has the [music] reinvention energy. That creates real tension. EVM chains benefit from existing developers, tooling, liquidity, and user familiarity. Move chains benefit from asset-orientated design, potential safety advantages, different execution models, fresh architecture. The question is not simply which one is better. The better question is which one when is compatibility more

important [music] and when is reinvention worth it? Again, taking the best of stuff from both sides. That is the trade-off these newer chains are testing and I want to see new projects with new ideas and new angles, new evolution, and new takes on how to use the blockchain technology shoot their shot and try to do something different and we'll just take the best stuff from it and make more new chains until we get a version of of blockchain technology where we know what to use for what applications depending on if you're trying to make a privacy coin, what if you're trying to make a web 3 app that can scale that half of the world could use or more. Those are totally different use cases that require totally different dynamics when [music] it comes to the actual blockchain that

runs it, right? So, number seven, the risk. Better architecture does not automatically [music] win and this is important, right? Tech doesn't move price, right? Crypto history shows that better technology does not always win. Ecosystems win when they attract the developers and the users, the liquidity, applications, culture, and most importantly, trust. A technically impressive chain can still fail if nobody builds meaningful apps on it. So, for Movement and Sui, the question is not only is Movement interesting, the question is can move based ecosystems create applications [music] that users actually care about. Because architecture matters most when it produces a better [music] experience. What is going on in this chat? >> Yep. >> Yep, Z cash. Well, it seems like whenever BTC dumps, the privacy coins get to pumping. Guys, don't forget to slap [music] and kick that like button for

crypto knowledge. Appreciate that. And shout out to Melissa for the super chat of [music] the night. We do have a goal of five super chats here and per night. And uh Melissa's kicked it off with the first one. So, what are we talking about here? We are talking about Ethereum Virtual Machine. But, what is Ethereum Virtual Machine? It's the coding language of Solidity. It's what most [music] things run on. There is more than one type of coding language in crypto, but Solidity has for all intent purposes really captured most of the developers, right? Move was originally designed for Facebook's Diem, right? And therefore, when that didn't really [music] work out, the stable coin Facebook wanted to do all of that stuff, they kind of shut it down. I think Congress did it. Um they kind of moved the Move

language, programming language, to different projects. And Sui apparently is a huge part of that ecosystem. [music] And I don't think a lot of people realize how different Sui is from a lot of other blockchains. By the way, it's on sale right now. It's like 81 cents. The bigger question, [music] what apps actually need Move? This is the deepest part of the stream really and what we're going over. Move based architecture becomes [music] more compelling if it unlocks apps that are hard to build else elsewhere, [music] right? And this is kind of what I was saying. In order for this Move programming language to be valuable and a [music] blockchain that's really built around a Move based language, in order for that to kick off and actually matter >> [music] >> it's got to do something that we can already

do. If it doesn't unlock a new capability like scaling or something like [music] that, more complex, if it doesn't unlock more capability then it's not really more useful and and why would developers [music] spend the time to ever bother with it? That is really the big takeaway here. So, potential examples of [music] what Move may be better at is on-chain gaming which we know is lackluster, >> [music] >> complex NFTs programmable assets, identity objects, consumer [music] apps with many owned items in it. Real world asset systems could be really good. That makes a lot of sense because of the whole object idea. High frequency asset interaction. If Move [music] simply becomes another place to trade tokens, the thesis is weaker. If Move based chains create better asset heavy applications, then the thesis becomes much stronger. >> [music] >> And

we're This might sound like a lot of words and it might not really get you all that excited, [music] but we're we're literally just laying out right here if this happens this whole sweet ecosystem and Move based virtual machine not going to be a big deal. If this happens, it will be a really big deal. Hopefully you're getting that takeaway cuz that's what I'm getting from it. So, the real question is what applications become meaningful or meaningfully better because they're built with Move versus Ethereum Virtual Machine or Solidity. That is what we should watch. And let's see what it says a core insight here. EVM has ecosystem [music] gravity. Move has architectural ambition. The question is whether ambition can attract enough real users and development to matter. So, again, if Move as a language and Sui as an ecosystem

that [music] implements this object-based Move language, right? If it starts building things that can't be built anywhere else, it's going [music] to exist, coexist, and probably be a huge winner. If it [music] fails to produce anything that matters, probably going to fade off into [music] irrelevance. And I have some Sui. So, to me, it's rather important. I hope you raised your crypto IQ here on a Wednesday night, Tuesday night. Oh, it's only Tuesday. Fun, fun. On a Tuesday night. Chris Gossen the house is 333. Welcome in, welcome in. Yeah, Zcash does its own thing. It does certainly feel like Zcash does its own thing. All right, let's move along. Where do Where do you guys want to go from here? Let's play a game of Panzer dogs [music] cuz I feel like that was a little heavy for you

guys. Did this change? Did they change some stuff [music] on here? Are we getting some actual development? I mean, it's UX. [music] It's user ability. Yeah, they did. They cleaned this up a little bit. I don't know who decided [music] to do that, but um it's an easy thing to do, I'll tell you that. Locomotive [music] skin. Anyways, let's hit a round of this real quick. Just to break up the heaviness of that. And I know when a when a topic is is is complex and heavy for everybody because you don't see any chatter in the chat about it, right? That was a lot to take in. I'm [music] going to have to rewatch. Yeah. And I you know some weeks here are going to be heavy because we talk about raising that crypto IQ but I don't want

that to just be a slogan and then you nobody [music] ever actually learns anything, right? Like what's the point of that? Sometimes we're going to have to probably deal with topics multiple times. And don't worry, we'll we'll take a topic like move and stuff >> [music] >> and we'll approach it from different angles multiple times over you know months and by the end of all that you should probably have a good understanding of what it is. I mean I can simplify a good bit if necessary. Like you have programming languages, right? I mean think of like an old programming language like Python, which is still used, but um you know most people anybody who has anything to do with development when other people talk to them, if they know anything about developing it's something like Python. But there's a

bunch of them here in the land of crypto. I mean, you have Rust. [music] You have Solidity. You have Move. You have I don't know how I don't really know how much Python is actually used. I'm not a developer, so I'm not an expert [music] in any way, shape, or form in any of those things. Although I find it very interesting, I just don't know how to do any of it. Let's see. It says, "I agree if you're not willing to risk the usual, you have to settle for ordinary." I'm like reading the chat while I'm trying to play this. Wow. I like how he just just interdimensionally dodging all my [music] shots. Thanks for the lag. I need to understand this stuff. >> [music] >> And you will, Moosa. You absolutely will. The beauty of it is it's

it's just uh it's not that complex. Think about a building, like you're building a building, right? One building might be built out of bricks. That building you could consider Solidity, right? Bricks is Solidity. And another building might be built out of steel, right? Metal metal framing. And maybe we call that Move. The whole point is think of the languages as maybe a different material in a physical way, right? Cuz we're taking what's [music] digital, trying to relate it to something that'll make sense. And so, when you go to build a house, you think about what that house is going to do, where it's going to be, how you want it to be built, the weight load, how heavy the roof is going to be, and you decide what material is going to be the best material for that build,

right? And so, basically, that's like a programming language. It's basically what you're saying is if Move can work better for things like RWAs, which seem to be a use case that they were kind of touting, then at that point, maybe RWA companies, projects are going to build using Move language. If something is better for Ethereum Virtual Machine, then people are going to use that. So, application becomes highly important. [music] And then the main takeaway from all things all we we were really talking about is that simply if the Move language doesn't do anything much better, then it's just going to fade out of relevance and nobody's going to care about it. And that's going to be [music] that. It won't be the end of the world, but it will be the end of that experiment, if you if you

will. And that's kind [music] of what we need in the evolution of blockchain technology as we try to figure out things. Because understanding the pain points [music] of any business or understanding the pain points of any technology really gives you an advantage [music] that I don't think a lot of people understand. Like if we know that scalability is a problem, and then something [music] comes out and solves that problem, the rest of the world might not understand how big of a deal that is. But you might. And that might make you understand [music] that whatever the solution was is what you want to invest in. While other people don't know, this is the power of raising your crypto IQ. Other people don't know to invest [music] in that because they don't really understand how big of a deal it

is until it's too late. And it's already moved, it's already pumped, and then they want to get in and be a part of it. That is the type of thing that we're hoping for by raising our crypto IQs pretty much daily. Let's go back to our crypto bubbles real quick. Take a look at Zcash cuz 00zo is here and he's talking about it. It's up 16.7% today. Let's go look at it over here on CoinGecko. We'll bring up the 24-hour chart. Unreal Scallywag says Cass is another good tech project, but the adoption thesis has a lot to prove. Cass, we Kiiro in a similar basket. Tons of potential if they can execute. See, that sounds like Kiiro. 11 million throughput per second or millisecond. No, no, 11 million throughput per second for Kiiro. Yep, Cass due for a pump.

Appreciate you saying that, Unreal Scallywag. I never know who's hanging out here and who has a a high crypto IQ. We [music] have a whole series going on this week where we're kind of exploring a lot of these. Yesterday we compared mega ETH versus Manifold, right? That's next [music] layer or next generation blockchains. Whether it's a layer two or a layer one, right? But they're both trying to solve the same thing. Today, we dug into Sui. But not just Sui, we dug into Ethereum Virtual Machine moving away from EVM to other types of virtual machines. And we hyper-focused here on movement because that's what Sui is built around. And so, if you like that kind of information, I I would recommend [music] you keep coming back to the stream where we will be doing this series all week and

we always have some kind of series going, whether it's an ecosystem or we're focused on zero [music] knowledge. You're going to raise your crypto IQ if you come to the stream. That much I can promise you. So, Zcash has 10.4 [music] billion dollars in it. Max supply, 21 million, just like Bitcoin. Total supply, circulating supply, 16.6 million in circulating supply. Says that the treasury holds about 300,000 Zcash, which is pretty small if you ask me compared to all these numbers we're talking about here. It's pretty small. And it looks like it is in the NEAR Protocol ecosystem. You can always learn something even if you're just learning something that you forgot. I don't remember Zcash, you know what? I take that back. I do remember learning that Zcash was in the NEAR Protocol ecosystem, but it wasn't always in

the NEAR Protocol system, right? Because Zcash, I believe, [music] came out before NEAR came out. Let's do a quick little configuration here. Let's go to the max chart. Says 2016 Zcash came out. Let's go look at NEAR. When did NEAR come out? Max chart, survey says 2020. So, how does a project that came out in 2016 live on the ecosystem of a project that came out in 2020? Tells me that Zcash did not always live on NEAR protocol. Makes sense. Now, how would that information help you? I don't know. NEAR protocol is heavily switched to AI. And if Zcash wants to stay very [music] relevant and wants to, uh, you know, push the envelope and advance as a relevant privacy coin, well, then that integration with NEAR could bring a lot of things in the capabilities for it that

would have not have been a capability for it if it was not inside the the NEAR protocol ecosystem. I don't want to get too far out on you. But, this thing was in [music] 2024 and 2025 about $50 or lower. And then, it just shot up to like 600 and something bucks. What is the all-time high for Zcash, you might ask? $3,191. But, here's where this becomes interesting. If you go to market cap and we look at Oh, they're not today. Okay. All right. So, we got to make sure we get the same time frame, right? So, if you come here and we will get market [music] cap when this thing October 2016, [music] right? The market cap of this coin assuming that all the APIs [music] and the data that were being fed here is relevant. It says

4.6 million. It's hard to believe. So, at 4.6 million dollar market cap, this thing was at $3,000. But, in today's world, 10 almost 11 billion dollars will only get you to about I don't know what we were at as a high, 630, 650, something like that. Think about the difference in what we're [music] saying here. Come on. Go to price. I love when it just It's not doing anything. All right, cool. Not cooperating. Come on. Anyways, you get the point. The market cap [music] Let's make sure we get the exact same day. October 28th, 2016. On that day, the price was $3,191. And we're only as good as our data is here. So, hopefully this data is correct. So, we want October [music] 28th. There it is. It's like the first day. October 28th, 2016, the market cap was

$1.3 million. This is tokenomics, and this is how important it is. Again, we are assuming, because this is going all the way back to 2016. We are assuming that the API and the data that they're using to make this is accurate. But I bet it probably is. So, in October 28th, 2016, Zcash with 1.3 million dollars in it, say even 1.5 million dollars in it, was only like 3,000 was [music] was 3,000 dollars or higher per coin. In today's tokenomic environment for Zcash, meaning a lot more coins are out [music] now, 10. 9, almost 11 billion dollars. Think of the difference. 1.3 million, 11 billion dollars. [music] And that 11 billion dollars in market cap only gets you to roughly 600 650 dollars. Do you see the difference? That is tokenomics 101. Welcome to the ground crypto deep dive

show. We will be transferring now into the underground hangout. We've gone over a lot of heavy information, and I'm sure your brain needs a break. This is your captain speaking. Thank you for coming aboard. Chainers, chainers are a lot of fun. I need one more regular fertilizer here. Campsis says, "What is the measured move for BTC dumping on the monthly when you're finished with your Zcash deep [music] dive?" Thank you very much. Yeah, absolutely. Go check that out real quick. So, he wants the monthly measured move for BTC. To the downside. Let's take a look. Uh the monthly. And I know that the lifer has shown multiple times this big head and shoulders pattern, right? For the monthly. And I mean shoulder head shoulder. Looks like a shoulder head and shoulder to me. The measured move is nasty though.

Like And if you don't cheat it and you take it true like top to bottom, it's like 4,000. It's not good. Here's a question though, right? Here's a question. What would make Bitcoin go like $6,000? And unfortunately, I don't want to be somebody who feeds any kind of negative narrative, right? But crypto got really crushed when the Trump coin came out. But why? It wasn't because of Trump. It wasn't because of anything like that. It was because a highly speculative coin came out [music] that everybody pretty much agreed, "Hey, this is it." What is about to come [music] out? SpaceX is supposed to IPO. And I think there's another What what's the other one? I know that there's talk about [music] SpaceX and and and Tesla eventually merging. I don't know if that'll happen, but the SpaceX IPO is

going to suck a bunch of money out of all kinds [music] of different markets as people sell things that they're in profit with to get things that they think are going to be the next winner for the next I don't know 5 10 years. Is that a big enough narrative? Is the question. Is that a big enough narrative that long-term big money high accumulated [music] Bitcoin holders would sell their Bitcoin and try to be really early on SpaceX. I don't know. I don't know if I if I 100% buy that as as a narrative, but it's there. It's definitely there. Blues guy says he's falling asleep. Blues guy, I thought you had endless energy and you never sleep. That's what That's what you just told us. You're not allowed to fall asleep. Absolutely unacceptable. I'm just messing with you,

man. Get some sleep if you need it. Uh Zcash said I or Zcash What am I talking about? Cam's just says I got it down to 16k. I don't see BTC going below [music] a 1 trillion market cap. Yeah, and this is like a very doomsday kind of uh speculation here. This right here does look very similar to this right here in my opinion, right? And then you had the bear market and then you had a >> [music] >> pretty amazing bull market, right? I mean, [music] you could be more conservative with this measured move and get rid of the wicks, even though that's not how we pull measured moves at all. And that does give you about 18,000. And it is acting like [music] that is the POC, the point of control here. Which is weird to me

because I don't why I don't feel like there's enough price action there to make [music] that the POC, but you know, the VRVP says [music] otherwise. I don't think it'll go to 16K. That's just what I calculated the measured move as. My problem is I use the red wick of the top of the right shoulder. Huh? The top of the right. This one? Top of the right shoulder. So, shoulder, left, head, right shoulder. And you use the red wick. I I don't know what you're saying, but assuming that this is the shoulder, head, [music] and shoulder, the measured move would be what you see me drawing here. And I was [music] doing it very conservatively. If you take it wick to wick, and then you move it to the neck line, [music] which, you know, I'll get rid of

this here, but if you draw the neckline, right? That would technically be how you would take the measured move. And that says 6,000. I don't think that we're going to see a $6,000 [music] Bitcoin. What I'm actually more looking at is what happened here. What happened? We ran up [music] after that. And so that's that's what I'm more hoping for, but there could be more down downward action as far as a couple of months here. So it came out a little higher. Yeah, I was doing the wrong things. No problem. But look at this. This kind of started falling 1 2 3 4 5 6 7 8 9 10 11 [music] 12 13 14. I counted that fast. It's like 13 14 months. 1 2 3 4 5 6 7 8. So there could be several more months of

this, you know, it could be back down to this region here, right? [music] Hang out, go sideways before potentially getting a pump. Now, completely [music] speculation. I have absolutely no idea. But for whatever reason, this top [music] I'll leave it at this. This top right here really reminds me of that top right there. And I'm sure lots of people are looking at monthly and weekly and stuff and trying to make sense. Now, if you come into [music] the weekly instead of the monthly, you are right at the the weekly 200-day moving average. And that seemed to give us a nice bounce in price here. >> [music] >> Is that going to happen again? Is this a cup and handle? I don't [music] know. I do see like a shoulder head [music] and shoulder kind of slanted inverted head and

shoulder there. Which it's funny when a lot of it converges. This right here is your measured move. Rather it's the measured move for the inverted head and shoulder. Rather it is the measured move for your cup and handle. Rather it is your measured move for your falling wedge. And literally the measured move for your inverted head and shoulder and your cup and handle is exactly the same. Where if it it's the measured move for a falling wedge or something, you [music] know, then it does change it to be a little bit lower here. But let's assume that it's for a cup and handle or the inverted head and shoulder, you're looking [music] at a 100,000. So, we'll see. We will see. We'll be here 6 days a week for you. Now, the weekly stochastic was overbought. [music] Um now

it looks like it's coming down. I'm sure the monthly bottomed. You know, the monthly is like super bottomed out. So, it has a ton of upside. But they move very [music] slow. So, it would take a lot of months, right? Look at this. From here, right, where it's [music] bottomed, correlating with that, to where it first kind of topped out, which was here, it's a lot of months. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 >> [music] >> Like 16 months from that that bottom to top stochastic RSI. All just food for thought, guys. All just food for thought. >> [music] >> And again, I hope you have enjoyed the show. >> [music] >> Let me move you guys back over from TradingView. And I love it when people have questions.

Give the channel some direction. >> [music] >> And of course, prioritizing the undergrounders and the community. Camp says, "Thanks." Absolutely, brother. You are more than welcome. I appreciate your constant >> [music] >> uh you know, support and viewership and showing up with your own opinions. I know a lot of people don't like contrary opinions. I love contrary opinions. Cuz they challenge [music] me to reevaluate whatever I was already thinking, right? And there's a lot of power in that. That gets you That's how you get out of an echo chamber. That's how you get unstuck from an idea >> [music] >> that you just got in your head. But if you if you get offended by people who challenge your beliefs and stuff, you're far more likely to stay in an echo chamber, stay where you're comfortable, stay where it

feels safe, stay where it feels like everybody agrees with you. And therefore, never have to listen to anybody else's opinions that challenge your own opinions. I love challenging opinions. Philosophics is I think one of the most important things in the world. People who don't take the time to study philosophics, I think is crazy. And for people who the only time they've ever talked anything philosophical was like in a class in college, and they haven't they haven't been in college for 15 years, 20 years. You're really missing out if you don't go back and revisit some philosophics. And there's all kinds of different philosophics, right? >> [music] >> Just deep thought, I guess, is what you could consider philosophical. And that is like my Jim Rohn style motivation encouraging uh you know, part of the stream. >> [music] >> And

again, we are in the underground crypto hangout. Feel free to ask whatever questions you want. >> [music] >> Let me see. Let me take a a preview here. Is it worth doing a members only stream tonight? I know a lot of people kind of got hurt. Put a 111 in the chat if you plan on coming to the members only live stream. Let me know. >> [music] >> Let's see how many people say they're coming over to the members only live stream. Very interested to find out here. >> [music] >> So far, nobody. Blues guy, I think he's asleep. >> [music] >> Although he's never tired. Sleeping. He's just resting his eyes, right? He's not sleeping. He's just resting his eyes. Sounds like something like my grandma would tell me or my grandfather would tell me that they're not

sleeping. They're just uh they're just resting their eyes for a little while. Till they start snoring. All right, let's craft some rods here. Oh, we don't have enough stones. We need to go fishing. >> [music] >> Let's go fishing. >> [music] >> See what we catch here. We got seaweed. Well, that's no fun. Oh, we got halibut. All right, I'm going to give it a couple more minutes, but if not a single person says, "Hey, I'm coming to the members-only live stream." Then uh I'm feeling like there might not be a members-only live stream tonight. Says, "Was away watching Weifers update. What did I miss?" Ooh, that's a tough question, Cryptic Quinton. I don't know how long you've been gone. How long How long were [music] you gone for? If it was an update in the in the Weifer

Discord, then it was probably only 2 3 minutes, right? Probably wasn't the last hour. Did you pick up the sauce we were laying down about Move language, Move EVM? What makes Sui blockchain very different from a lot of other blockchains? Oh, like 10 minutes. Then you didn't miss much. We're just hanging out at this part. He says, "Hey QT, let's go to the members only live stream." He says, "Have you looked at LAB today?" Yes, we definitely have looked at LAB today. LAB is one that's hard to ignore. And I mean, it dipped all the way to $6 and bounced all the way back to like 17 something. Man, that would have been a killer buy and exit so fast. That would have been pretty spectacular, I say. I wasn't watching LAB today, that's for sure. And think about

how many people they flushed on leverage with that dump. Oh, man, a lot of people got flushed who were on big leverage. Some people lost some big money today on that one. We often forget about that. Yeah, I was there for that. I know we've been waiting to short it from the top, missed it. Hey, that happened. They never make it easy, right? It's kind of like uh with [music] anything with BTC, they never give you the entries you think you're going to get. Never. You know, it's never easy. If Bitcoin will go to the price that you thought you wanted, but you won't somehow they'll they'll shake you out, right? And other coins [music] do the exact same type of stuff. Let's see, I need two more rods here. Let's see if we can get them. Let's go

fishing two more times. Oh, I'm out of money. Well, that's unfortunate. Let's see, I've heard I can go sell some junk in the retreat here. But I haven't done it yet. What is this? A raffle? I think this is where we sell the junk here. Huh. I thought we could sell it though. I don't just want like points. Okay, so you can buy stuff there. Where do we sell it? Said I heard top 10 wallets hold most of the supply. >> [music] >> Another Rave DAO. And don't be surprised if the same people who are behind what Rave DAO did have just moved on. You know, to the next thing. Don't be surprised if Lab is the next thing. You just want to figure out what might be the next thing for them before they move the next thing,

right? Wonder how much juice it has left in the tank. That is always what I'm thinking about, right? Look at this guy. He's like tied to a post. He looks just like me. That's not cool. Thought I was able to sell all this stuff somewhere for some money. Guess not. Still got our Fogo fish in here. What are we up to? 1.2 million? Really like 1.4 million fish token. Probably worth $5 [music] if I'm lucky. And it is nice to kind of hang out after such a heavy heavy stream there. I'm crazy enough I might just go back and read all of that stuff to you guys again right now. Then everybody will really sign off. I'm just messing. I won't do that to you. You'll have to rewatch the stream if you want all that. Haven't played Z

verse in a while. I want to play Z verse. I just don't have the time. Bonk token scan on ETH. Risk five. [music] Not a honey pot. Guava wallet intelligence. Okay. So guava intell.com says. Guava wallet intelligence. Not bundled. Scan any token free. Okay, so guava wallet is the scanner I assume. See if through a lot of this arbitrage nonsense. And there is a lot of it. Under collateralized [music] lending via ZK reputations is finally gaining traction in D5. Could this be the spark that brings billions unbanked people into the global economy? I sure hope so because um we need them so that we we [music] we can have some exit liquidity. Let's go. That's not what you That's not what you're supposed to say. I get it. I get it. Lot of arbitrage signals, absolute nonsense here. Looking

for real stuff. Hyperliquid daily snapshot. He says these red numbers in the bloody markets gets me more motivated. Future brand new bag, huh? Futures. I don't know. You guys like whatever you like. I don't listen to Future. I think that's lame. But I get why he posted that. Hey Aura is turning everyday wellness into a rewarding on-chain experience. By blending gamified habit tracking with decentralized incentives, users earn tokens for meeting fitness, meditation, and sleep goals, all while data private and self-sovereign. See, that's cool, but you got to think how are you earning anything? Who's paying for it? Who's like, "I'm going to pay so the whole world can hit their fitness goals." Like I just don't If if it is money, it's probably very little actual money. Work and learn. It's funny name right there. This is an interesting

Injective launches Vulcan mainnet upgrade proposal. Stablecoin RWAs and trading integration in single settlement layers. Kind of reminds me that I put I put a proposal in on Arbitrum network and I put a proposal in in the OP Optimism network, right? And it's under review. I don't know if they've actually done it. I assume I could show it off. I mean, it's a public thing. I don't know why it would be a big deal. It's literally decentralized blockchain, right? But I don't know if they ever approved it or not. Some of the stuff in here makes your head like spin. The vulnerability was discovered in an L1 timelock contract, which forms part of Arbitrum's governance smart contract system. Woah. I don't know how far down that rabbit hole I want to go. How to submit a DAO proposal 101. Form

Foundation. Let's see. Do I have mail about your proposal? Let's check this out. This is Synapse Arbitrum off OP co messaging regard proposal that's currently waiting approval. These kinds of proposals typically flowed through a dedicated grant program that DAO had funded. Questbook. Yeah, but it's over. That program ended back [music] in March and hasn't been renewed since. The Arbitrum Foundation has a grant program, but I'm not sure if educational content falls within its scope. From previous experiences, it's like it's highly unlikely that delegates would vote in favor of such a proposal as a standalone thing. My recommendation is to wait until a grant program is structured again that can [music] fund things like this. Alternatively, I can still prove the post, but just know that it will be nearly impossible to get it through governance. Available for questions. Hmm.

I will have to formulate a reply to that. Let's go look at Optimism. [music] You guys are probably like, "What in the world are you doing?" Right? "What in the absolute world are you doing proposing things to different blockchains?" Huh, they put my account on hold, which was really not weird. I mean, I start I made an account and I put in a proposal. I guess they didn't like that. But, they should have got to that quicker. That's way too slow. And in the modern world, it's been 3 days. Like, you need to review my account. Anyways, guys, that's been the show. Uh he says, "Swee back down to 80 cents. I need a loan." Yeah. Uh I'm about to buy some more sweet, that's for sure. Some sweet and a little tiny, tiny bit of mega ETH. Um

What's this says, I was ready for it, too. Not sure what you're referring to, Melissa. What were you ready for? But anyways, guys, I'm pretty beat tonight and I didn't see a whole lot of demand for the members only stream, so I'm going to use that opportunity to get some other things done. I have some cool things I'm building. I was just showing you, trying to get some funding for I'm trying to get some funding for the stream so that I could actually um you know, dedicate more full-time to crypto. That is the dream. That is is going to be my reality. Now, will that be 1 year or 5 years or 6 year? I don't know, but one day it will be my reality. Mark my words. Oh, you go over stuff again. It says, thanks for the

stream, man. Melissa wants me to go over the stuff again. Let's do it. Let's do it just for Melissa, right? And for myself because repetition is the father of learning. So, kick back, relax. Good night, Underground. Hold on 1 minute, Crypto Queen. I'm going to go over the topic of the day again for Melissa because she's always here for me. So, I believe that she deserves it and I'm going to benefit. All of you guys will benefit if you'll listen. Again, this information we go over, in my opinion, is the most important part of the stream. >> [music] >> Maybe it's not. Maybe you like the charts. Maybe you like the new tokens coming out. Trust me, this is the most important part of the stream. For years, the Ethereum Virtual Machine has been one of the most important

pieces of crypto infrastructure. It gave developers a shared environment, a common standard, [music] a place where smart contracts could be written, deployed, copied, upgraded, forked, [music] and reused across ecosystems. That is why Ethereum Virtual Machine became so powerful. Melissa, if we hit any points of anything you really don't understand, feel free to ask cuz [music] I'm very much doing this to so that you can, you know, double down on this. So, >> [music] >> don't be afraid to ask me questions. Once a developer learns Solidity, which is the coding language [music] of the Ethereum Virtual Machine, right? And EVM based deployment, so how to deploy [music] it, how to code it, how to deploy it, they could build across Ethereum and many Ethereum compatible chains. And believe me, a lot, almost all [music] the chains are compatible with Ethereum.

That network effect is massive, right? You could build one time and implement what you build across many different ecosystems. >> [music] >> But every dominant system eventually creates a question. Is [music] this the best possible design? Or was it simply the design that won or made the most sense at first? That is where [music] Move based chains become interesting. Move is a coding language. [music] Move was invented by Facebook. Not literally Facebook when they when they incubated DM and [music] the stablecoin to go with that whole ecosystem and stuff, and they got shut down and they were told no by Congress [music] and stuff like that um here in America way ahead of their time. Move as a language and the the developers and all the people who were hired who worked on all of that, well, they didn't

just leave. They took what they had and they moved somewhere else. Move does not just try to be another programming language. So, it's saying it's more than just a programming language. It starts from [music] a different assumption altogether. And crypto assets are not just numbers in a database. They are digital objects with ownership, transfer rules, permissions, and security requirements. Move was designed with digital assets [music] in mind from the beginning. And that matters [music] because smart contracts mistakes [music] can be extremely expensive. A bug in a traditional software can crash [music] an app. No big deal, right? But a bug in crypto can [music] drain a treasury for millions and millions, maybe even billions of dollars, [music] or just break a protocol altogether, permanently lose users' funds. Use So, the argument behind Move is pretty simple. If blockchain apps

are going to manage valuable digital assets, maybe programming model should treat assets [music] as first-class citizens. Sui takes that idea and builds an entire architecture around objects. So, the takeaway here is Sui heavily focuses on objects. And what are objects? Objects are, you know, things like NFTs, the ownership representation of something, right? So, instead of thinking only in terms of account balances or contract storage. So, reverse [music] engineer this. They're saying that EVM compatible programming Solidity language thinks in terms of account balances and contract storage, [music] where Sui emphasizes programmable objects. So, Sui in its Move language emphasizes [music] or focuses on programmable objects. So, this whole There's a whole concept here called programmable [music] objects that represents user-level assets. Sui documentation describes objects [music] as a central concept, and Sui's documentation describes the network as using an asset-orientated

programming model powered by the Move language. Movement enters this conversation from a totally different angle. Movement is trying to bring Move virtual machine-based infrastructure into a broader [music] ecosystem, where developers can build scalable and secure applications. Scalability, a huge problem in [music] the Web3 space. And when you do scale a Web3 [music] project or application, security becomes a huge problem. So, [music] they go They go in tandem, right? Bitcoin trilemma. Its official site describes [music] Movement as a layer-one blockchain built using Move VM. So, it would be [music] in common with Sui, because they use this Move virtual machine. While Binance Research [music] has described Movement as a Move EVM layer-two for Ethereum, the difference in framing is worth paying attention to because Movement's broader pitch has centered around combining Move based benefits with Ethereum style liquidity and users.

So, they're saying, "Hey, let's bring in Move because it focuses on objects [music] and ownership and and treats them as first-class citizens and makes them, you know, the focus of the blockchain. [music] But, we don't want to create this environment, and this is Movement, not so much Sui, but we don't [music] want to create an environment where it's Move versus EVM. That is a David versus Goliath kind of um scenario. And if they do that, they almost [music] kind of position themselves to lose, right? It's a David and Goliath. Although most people are are familiar with the the point of the story [music] of David and Goliath. Um don't think that David always [music] that the smaller thing always wins over the bigger thing. That's not how it always works. And that's what made David and Goliath such a

monumental story >> [music] >> is because you got a result that was very different from what the result would normally be. And that brings [music] us to the deeper question. Is the future of crypto mostly Ethereum Virtual Machine compatible [music] since it's already really locked in, it's huge, most developers use it. It is just the path of least resistance. Or do new types of apps require [music] different architecture? So, in the current EVM Ethereum Solidity language, there are certain things that are hard to do. Like scalability [music] of Web3 apps is one of them. And there's a whole list of things that are not easy for us to do right now using current modern blockchain technology. >> [music] >> So, we need new types of architecture to do things >> [music] >> that we haven't been able to do.

And I'm going to come back to that in just a moment. So, that is what [music] this today's stream is really about. Not just Movement as a as a project or foundation and not just Sui as a movement or blockchain or a foundation, but whether the next generation of blockchain applications need something fundamentally different under the hood in order to do things that we normally wouldn't be able to do. That was the intro to [music] the topic. How y'all feeling? Melissa, she's writing it down. Cryptic Quint says, "Hell yeah." Exactly. So, we went from good night to let's re-educate you and let's use the power of repetition to really foster some learning. And I'm going to quiz Blues Guy tomorrow about this stuff cuz I know he's sleeping. The EVM won because of [music] network effect. So, this the

we're we're coming back to Ethereum Virtual Machine and why it's predominant. So, the EVM became dominant because it had the strongest developer [music] mind share. That matters. In crypto, developers do not [music] want to rebuild everything from scratch every time they move to a new ecosystem. This is why Movement taking the direction of [music] using the Move language, but making it compatible with Ethereum Virtual Machine is literally genius [music] and that is probably going to be kind of the maker-break point [music] in if this stuff catches on or doesn't catch on. Instead of trying to fight with Ethereum Virtual Machine for dominance [music] or mind share in the space, just group it all together and embrace interoperability, which just means things working together. So, developers do not want to rebuild everything from scratch, right? They want familiar tooling, things

that they're familiar with, wallet support, smart contract standards, existing libraries to pull from, infrastructure providers, and liquidity. The Ethereum Virtual Machine created a kind of shared language across crypto. That is why so many chains choose to become Ethereum Virtual Machine compatible. That's why that is a big deal to them. But, dominance creates inertia. Once a system becomes standard, people keep building on [music] it because everyone else is already there. And developers want to build where the users are. And that does not always mean it's the best possible design, just means it's the most commonly accepted one. Means it has the strongest ecosystem [music] gravity. So, why some chains want to move move beyond EVM, right? If If all the developers are there and all the users are there, why would anybody even want to move beyond that? Or why

would they care about [music] anything else? So, the EVM was not just originally designed for every possible future crypto use. It became the default because it worked, not because it solved [music] everything perfectly. Newer chains are asking whether crypto needs a different foundation for asset [music] safety, parallel execution, gaming, consumer apps, high-throughput applications, and more >> [music] >> complex ownership models. This is why Move matters. Move-based ecosystems are not just trying to copy Ethereum, [music] very much not the case. They are asking whether digital assets should be represented and handled differently at the programming level. That is much deeper design question than which chain is simply faster. That conversation almost becomes mute at some point. What makes Move different? Move was designed specifically with digital assets in mind. So, Move as a programming language and an implementation is around

digital [music] assets. First, that means assets can be treated more like resources with strict rules around ownership, [music] movement, and access. This is important because in crypto assets are the product, right? Tokens, NFTs, game items, [music] stable coins, lending positions, governance right. These are all forms of digital assets. Move, the programming language, tries to make it harder for developers to accidentally duplicate, lose, or mishandle those assets. This does not mean that Move eliminates all of the risk. Smart contracts can still have a bug. But, it does mean that the language [music] was designed around the reality that blockchain programs control valuable assets. That is the central difference here. Sui's object-based [music] model changes the mental model. Sui is one of the clearest examples of Move-based blockchain design. Sui does not just use Move as a language as a programming

language. It builds around the idea of objects. I couldn't say it enough. That is the focus here. On Sui, objects [music] are basic units of data storage. And they can represent user-level assets with ownership and programmable attributes. This matters because it changes how developers think. Instead of only asking what is the balance of an account, [music] developers can think in terms of what object does this user own? What are the rules attached to this object? How can it be transferred, modified, [music] used, combined, or upgraded? This can be very useful for things like gaming assets, NFTs, digital identity, ownership [music] based apps, consumer crypto experience. That is why Sui [music] is often discussed in relation to high throughput apps and asset heavy experiences. [music] Now we shift from Sui to Movement. Movement is foundation. It's a project. Movement's bet

is to bring Move Virtual Machine into a wider eco wider crypto [music] environment or wider crypto ecosystem. Movement is interesting because it is trying to make Move based execution more accessible in a broader ecosystem. Its official documentation frames Movement as an ecosystem for interacting with Move based architecture. And its official site describes it as a layer one blockchain built [music] using Move Virtual Machine for scalable and secure application. The bigger idea is that developers may want Move's safety and performance benefits without [music] the complete the complete abandoning of crypto's existing users and liquidity. That is why Movement often gets discussed around the idea of bridging move in EVM world. The pitch is basically this. Can we get [music] the asset safety and performance benefits from move while still connecting to the broader Ethereum style crypto economy? If [music] we

can do that, all of this can work and it can be quite amazing. But it still has to be pulled off, right? That is a very interesting bet because if successful, it could reduce the trade-off between new architecture and existing ecosystem access. Crypto Quinton says, "Man, I wish I longed CLO when I joined the stream." True. Yeah. Hey, we were talking about it. I'm doing the show, so it's hard for me to hop in and out of all these things, but uh I'm pretty locked into this because this is super interesting to me. This is really a battle between compatibility and reinvention. EVM has the compatibility. Move has that reinvention energy. That creates real tension. EVM chains benefit from existing developers, existing tooling, liquidity, and user familiarity. And move chains benefits from asset-orientated [music] design. Uh that would be

what I'd write down next to move, right? I'd write move equals asset-orientated design. >> [music] >> So, move chains benefit from potential safety advantages, different execution models, and fresh architecture. The question is not simply which one is better. The question, the better question, when is compatibility [music] more important and when is the reinvention worth it? That is the trade-off these newer chains are testing. The risk here. Better architecture does not automatically win, right? This is important. Crypto history shows us that better technology [music] doesn't always win. Sometimes it's way ahead of its time. Ecosystems win when they attract developers, users, liquidity, application, culture, trust. A technically impressive chain can still fail if nobody builds anything meaningful on top of it. So, for Movement and Sui, the question is not only is Move interesting, [music] cuz being interesting by itself

is not useful enough to bring adoption. The question is can Move-based ecosystems create applications that users actually care about? Because architecture matters most when it produces better user experience. And the bigger question, what apps actually need Move? This is the deepest part of this stream. Move-based architecture becomes more compelling [music] if it unlocks apps that are hard to build elsewhere. Potential examples, right? And again, I can't stress this enough. Move as a language, right? As a coding language, as being adopted by the Sui ecosystem and the Sui blockchain being built around this [music] Move-based architecture, will win if it unlocks on-chain gaming, complex NFTs, programmable assets, >> [music] >> identity objects, consumer apps with many owned items in them, [music] real-world asset systems, and high-frequency asset asset interaction. If Move simply becomes another place to trade tokens, the thesis

is weaker, the adoption doesn't happen, there's nothing about it that is significant, and it'll probably eventually fade into irrelevance. But, and when we say but, we're saying look out for this. If Move based chains create better asset heavy applications, then the thesis becomes much stronger, meaning the adoption and its relevance, price go up, becomes a much stronger possibility. So, the real question is, what application become meaningfully better because they're built on Move. That is what we should watch for. And the core inside, of course, is that [music] the virtual the Ethereum virtual machine has ecosystem gravity, first mover advantage. Move has architectural ambition. The question is whether ambition can attract [music] enough real users and developers to matter, and that is the main idea of tonight's episode. We did it again. Because repetition is the father of learning, and

you can say all of the cool little snippets and the cool little quotes, like our quote of the day, but if you don't implement them, if you're not willing to do the repetition, if I, as the person running the stream, don't showcase that, then it's all a bunch of empty words. So, if you want something you never had, you must be willing to do something you've never done. And doing the same thing over and over and over, and expecting a different result, is the definition of insanity. So, I hope you enjoyed the stream. I am actually going to go go and run off now. Um that was a lot of fun and somewhat unexpected as an end of a stream. I hope I hope Melissa benefited greatly from me going back [music] over that. I hope everybody has a

good night and I will see everybody tomorrow. Let's see. We've been streaming for 2 and 1/2 hours. She says, "I understand [music] it a little more now. Thank you." And she said, "Thank you again." No, thank you for everything you always do for me. Glad to do it. It was a lot of fun and I I benefited from that as well. Thank you, Melissa, for the super chat. I greatly appreciate that. And again, she said, "What would you do? Sell your BTC and run into AI stocks or buy lower price crypto?" Personally, I'd buy lower price crypto, but that's just me because I'm Underground Crypto, right? Anyways, have a great night. Stay Underground. Stay Crypto. Underground Crypto out.