---
title: 'This Is The Best Altcoin Chart In Crypto Right Now!'
source: 'https://youtube.com/watch?v=FT5fEfJTxbs'
video_id: 'FT5fEfJTxbs'
date: 2026-08-27
duration_sec: 2258
channel: 'Crypto Banter'
---

# This Is The Best Altcoin Chart In Crypto Right Now!

> Source: [This Is The Best Altcoin Chart In Crypto Right Now!](https://youtube.com/watch?v=FT5fEfJTxbs)

## Summary

The video analyzes recent market movements, focusing on Nvidia's strong earnings and the potential for an altcoin-led crypto cycle. The host argues that altcoins are outperforming Bitcoin and presents charts and fundamentals to support the thesis that this cycle will be driven by real use cases, particularly in social trading on Solana.

### Key Points

- **Nvidia Results and Market Overview** [00:00] — Nvidia reported Q2 revenue of $96.2 billion, beating expectations, with adjusted EPS of $2.22. The company revised its Q3 outlook higher to $108 billion and expects ~70% growth in fiscal 2028, citing supply constraints. Bitcoin is around $79,143, while altcoins are showing strong performance.
- **Jackson Hole and Fed Watch** [04:54] — Jerome Powell is speaking at Jackson Hole tomorrow at 10:00 AM EST. The host notes Powell may discuss Fed independence and the ongoing 'war against treasuries' by Scott Bessent, which could impact markets.
- **Bull Market Bottom Signals** [06:05] — The host argues the bear market is over, citing a bounce off the 200-week SMA (as in previous cycles except 2021) and similar durations of RSI oversold conditions (308, 301, 273, 280 days) across bear markets.
- **Gold, Copper, and ISM Correlations** [07:43] — Historically, Bitcoin runs after gold tops and when copper starts to run. Copper is about to break all-time highs. Bitcoin also tends to run when the ISM is above 50-55; the ISM recently hit 54, and Bitcoin is starting to catch up.
- **ETH/BTC Breakout and Altcoin Cycle** [11:13] — The ETH/BTC chart shows a breakout from a nine-year downtrend, signaling that Ethereum's smart contract technology is finally becoming useful. The 'others/BTC' chart shows higher highs, suggesting a potential third cycle with a target of $20 trillion market cap.
- **Altcoins with Real Use Cases Outperform** [20:12] — Altcoins with actual use cases, like Hyperliquid (DEX), Zcash (private money), and Pump.fun (social trading), are outperforming Bitcoin this cycle. The host emphasizes that this cycle is about real adoption, not just promises.
- **Solana as the Best Chart** [21:54] — The host calls SOL the best chart in crypto, having broken out of a long support/resistance level. He took a 10x leveraged long on SOL via TX Flow, a decentralized perpetuals DEX, with entry at $105 and next targets at $140 and $150.
- **Solana Fundamentals and Social Trading** [23:55] — Solana's transaction activity is growing exponentially, driven by social trading apps like Pump.fun and FOMO. These apps are highly addictive and are driving on-chain volume, with the majority happening on Solana. The host recommends Blockworks for data.
- **Ethena Fee Switch and Ecosystem Plays** [29:27] — Ethena activated its fee switch, causing a 10% candle. The host is long Ethena and TAO, and expects the Solana ecosystem (Jupiter, Raydium, etc.) to run alongside SOL.
- **247 Ideas Social Trading Terminal** [31:22] — The host teases a new social trading terminal called '247 Ideas' for Front Runners members, allowing direct trading from Discord feeds. It's launching next Tuesday, with a special offer of $99 for the first month (50% off).
- **Zcash ETF Seller Monitoring** [35:30] — After the Zcash ETF launch, a large seller unshielded 65,800 ZEC (~0.4% of supply), sold 53,900, with ~10,000 left to sell. The team is monitoring these wallets in 247 Research.

### Conclusion

The host strongly believes the current cycle is altcoin-led, driven by real use cases, and expects the total crypto market cap to reach $20 trillion. He encourages viewers to focus on altcoins with actual adoption and to join his community for trading signals.

## Transcript

All right, we got the Nvidia results last night,&nbsp; and they were amazing. And so we get to live&nbsp;&nbsp; another day. We basically get to live another&nbsp; day. Bitcoin was over $80,000 this morning,&nbsp;&nbsp; slightly coming back to $79,143. But if you look&nbsp; at the altcoins, look at that. That's what the&nbsp;&nbsp;
altcoins are doing today. And that's actually&nbsp; what the altcoins have been doing for the last&nbsp;&nbsp; week and what the altcoins have been doing for&nbsp; the last month. Not only are the altcoins moving,&nbsp;&nbsp; but if you take the altcoins and you compare&nbsp; them to Bitcoin, so you basically say,&nbsp;&nbsp;
how have the altcoins performed in Bitcoin since&nbsp; this recovery? Let me show you what basically&nbsp;&nbsp; happens. What you start seeing is that there are&nbsp; a lot of good altcoins that are performing very,&nbsp;&nbsp;
very, very well against Bitcoin. What I want to&nbsp; talk to you about today is the altcoins, and I&nbsp;&nbsp; want to show you why I think that the last cycle&nbsp; was very much powered by Bitcoin. But actually,&nbsp;&nbsp; I think that this cycle is going to be very,&nbsp; very, very much an altcoin cycle. And I think&nbsp;&nbsp;
that I've got all the data to basically show you&nbsp; why I think this cycle is actually going to be an&nbsp;&nbsp; altcoin cycle. And I'm going to show you exactly&nbsp; which altcoins are going to be the ones driving&nbsp;&nbsp; the cycle. And I'm going to show you one altcoin&nbsp; chart today, which is the best altcoin chart that&nbsp;&nbsp;
the fundamentals. So, today is about altcoins. I&nbsp; recommend that if you're not an altcoin person,&nbsp;&nbsp; let's just say that you're a Bitcoin maxi.&nbsp; If you're a Bitcoin maxi, my suggestion is&nbsp;&nbsp;
after about six or seven minutes of the show,&nbsp; you can log off. If you're an altcoin Degen,&nbsp;&nbsp; I think you're going to love the show&nbsp; today. Let's get the show on the road.
GM to everyone that's not a Bitcoin maxi. That's&nbsp; today. Today's show is a GM to everyone who's not&nbsp;&nbsp; a Bitcoin maxi. And when I say GM, I want to just&nbsp; show you what I mean by GM because for those of&nbsp;&nbsp;
you who don't know what GM means, it means good&nbsp; morning. It also means when the bubbles are green,&nbsp;&nbsp; we greet each other and we say to each other, GM,&nbsp; GM, GM, wakey wakey, rise and shine. We're going&nbsp;&nbsp; to be talking about altcoins today after about&nbsp; minute six of the show. So if you're a Bitcoin&nbsp;&nbsp;
maxi, after minute six of the show, I suggest&nbsp; that you log off and go and watch another channel.&nbsp;&nbsp; For those of you who are altcoin maxis, I think&nbsp; you're going to love the show today. First of all,&nbsp;&nbsp;
we got the Nvidia results yesterday. I'm proud&nbsp; to say that 247 Wire, which is our news wire&nbsp;&nbsp; business where you can get it for free, by the&nbsp; way, was the first to report the Nvidia results.&nbsp;&nbsp; Can you believe it? We were the first to report&nbsp; the Nvidia results. Net revenue from Nvidia:&nbsp;&nbsp;
$96.2 billion. Can I just say something? Hardest,&nbsp; if there's a news service that is free on Twitter&nbsp;&nbsp; and gives you news first, and all you have to do&nbsp; is follow them, is there any reason not to follow&nbsp;&nbsp;
them? Just go to 247 and just follow. Is there&nbsp; any reason in the world not to follow them? No&nbsp;&nbsp; reason not to. No reason not to. Some people,&nbsp; believe it or not, some people don't. Anyway,&nbsp;&nbsp; be that as it may, their revenue is $96.2 billion&nbsp; for Quarter 2. You know what that means? It means&nbsp;&nbsp;
that their revenue is a billion dollars a day. A&nbsp; billion every single day. Their adjusted earnings&nbsp;&nbsp; per share analysts were expecting 2.1. They got&nbsp; 2.22. Their data center revenue: $90 billion,&nbsp;&nbsp;
etc., etc. Now the main thing is that for the&nbsp; outlook of Q3 revenue, they actually reported a&nbsp;&nbsp; higher outlook. In other words, the analysts were&nbsp; expecting 104 and they're now looking at 108. So&nbsp;&nbsp;
they revised their Q3 outlook, which makes a big&nbsp; difference. And so when we look at Nvidia today,&nbsp;&nbsp; Nvidia is up 5.75%. Yeah, I mean incredible. If&nbsp; you look at the 2028, so they actually made a&nbsp;&nbsp;
comment about 2028. We expect to grow by&nbsp; approximately 70% in the fiscal year of&nbsp;&nbsp; 2028. This is a supply-constrained outlook. Do you&nbsp; understand what's happening here? These guys are,&nbsp;&nbsp;
can you imagine a business that has a market&nbsp; capitalization of exactly $5.37 trillion coming&nbsp;&nbsp; out and saying, "We expect to grow 70%&nbsp; next year," a business that is turning&nbsp;&nbsp;
over a billion dollars a day and expects to&nbsp; grow 70%? And they're saying the only reason&nbsp;&nbsp; why we're saying that is because we have a&nbsp; supply-constrained outlook. Can you imagine?
We could have made more money, but we have&nbsp; supply constraints, but we're going to make&nbsp;&nbsp; 70% next year, more than we made this year.&nbsp; And people say AI is in a bubble. I mean,&nbsp;&nbsp; there could be a bubble because there's all that,&nbsp; you know, Nvidia in bed with ChatGPT and then&nbsp;&nbsp;
we're talking about altcoins. We do have one more&nbsp; bombshell tomorrow that could maybe slightly ruin&nbsp;&nbsp; the party, and that is that we've got Jackson Hole&nbsp; tomorrow. So tomorrow we have Jackson Hole. What&nbsp;&nbsp;
do we mean by Jackson Hole? Tomorrow the leaders&nbsp; of the monetary leaders basically meet at Jackson&nbsp;&nbsp; Hole. Powell is going to be speaking. Walter&nbsp; Bloomberg says the following: he says, "Look,&nbsp;&nbsp; one of the things that Powell is going to be&nbsp; speaking about is Fed independence." I wonder&nbsp;&nbsp;
what Powell is going to say because he hasn't&nbsp; said much up until now. And that's the game&nbsp;&nbsp; that he seems to be playing, and anything that he&nbsp; does say could be seen as forward guidance. But&nbsp;&nbsp; he may have a lot to do or a lot to comment about&nbsp; specifically around Scott Bessent's war against&nbsp;&nbsp;
treasuries. So all eyes on Jerome Powell tomorrow.&nbsp; Of course, as always, we will be live right here&nbsp;&nbsp; as soon as he starts talking. And that's 10:00 AM&nbsp; EST. So tomorrow, 10:00 AM EST, we will be live&nbsp;&nbsp;
right here bringing you Jerome Powell speaking&nbsp; live at Jackson Hole. All right, let's talk&nbsp;&nbsp;
about the cycle. Let's talk about the altcoins.&nbsp; Let's talk about everything else. So I do know,&nbsp;&nbsp; and I have heard from a lot of people, that there&nbsp; are a lot of people that still don't believe that&nbsp;&nbsp; we are in the bull market cycle. And the reason&nbsp; they don't believe it is they think there's going&nbsp;&nbsp;
to be one more leg down. And as I said before, it&nbsp; is possible. I mean, if you look at the four-year&nbsp;&nbsp; cycle, we should have had that leg down over here.&nbsp; But I showed you yesterday why I think that that&nbsp;&nbsp; leg down isn't going to happen. I'll show you some&nbsp; more data points today, and then we'll talk about&nbsp;&nbsp;
specifically the altcoins. But one is, we did&nbsp; bounce off the 200-week SMA. I told you yesterday&nbsp;&nbsp; that that's a key level. In 2017, that is when&nbsp; we bottomed. In the cycle before 2017, that's&nbsp;&nbsp;
where we bottomed. 2012, 2013, 2014 cycle here. We&nbsp; bottomed in 2017. We bottomed on this cycle. And&nbsp;&nbsp; the only one that we didn't bottom is 2021. So it&nbsp; actually looks like 2021 could be the exception,&nbsp;&nbsp;
not the actual. So one, two, three, four times we&nbsp; bounced off the 200-week MA. In 2021, we didn't&nbsp;&nbsp; break the 200-week MA. On top of that, if you look&nbsp; at time spent in oversold conditions on the RSI,&nbsp;&nbsp;
so you basically look at the RSI, you say, how&nbsp; long did we spend in the oversold condition&nbsp;&nbsp; on the RSI before we actually bounce back to&nbsp; bull market levels? In the first bear market,&nbsp;&nbsp; it was 308 days. In the second bear market, 301&nbsp; days. In the third bear market, 273 days. And&nbsp;&nbsp;
in the fourth bear market, 280 days. So what you&nbsp; can see is that from a number of days below the&nbsp;&nbsp; oversold conditions on the RSI, what you can see&nbsp; is that there is a possibility that that happened.&nbsp;&nbsp;
I want to talk about something else because that&nbsp; is like bottom signals. But I also want to show&nbsp;&nbsp; you what happens around gold. I've said to you&nbsp; a few times that generally gold tops, and that's&nbsp;&nbsp; when Bitcoin actually starts to run. So that's&nbsp; generally what happens. And if you look at gold,&nbsp;&nbsp;
gold actually topped sometime around February,&nbsp; and Bitcoin didn't run. Bitcoin was a very, very,&nbsp;&nbsp; very neglected time. Now gold started to run, and&nbsp; Bitcoin has started to be very correlated to gold.&nbsp;&nbsp; is in previous cycles, generally gold tops, then&nbsp; copper starts to run with Bitcoin. So gold tops,&nbsp;&nbsp;
then copper starts to run with Bitcoin. It&nbsp; happened here in 2017. It happened here in 2021,&nbsp;&nbsp; and it happened here. Generally, copper starts&nbsp; running just before Bitcoin. It's usually just&nbsp;&nbsp; after gold tops. Now let's pull up the copper&nbsp; chart. This is the copper chart. Copper is&nbsp;&nbsp;
about to break all-time highs. And copper actually&nbsp; started a very, very, very strong run over here,&nbsp;&nbsp; and that was the 24th of June. Now let me show&nbsp; you where this gets a little bit more exciting.&nbsp;&nbsp; We know that Bitcoin and copper usually&nbsp; run together, and it's usually sometime&nbsp;&nbsp;
after gold tops. That's copper. Copper about&nbsp; to break all-time highs, about to go into price&nbsp;&nbsp; discovery. Now, we know what happens to charts&nbsp; when they go into price discovery. And then it&nbsp;&nbsp; but we'll try this. Copper divided by gold.&nbsp; I want to see if I can show you this chart.
Okay, so look at when copper broke out against&nbsp; gold. Somewhere around February, right? That's the&nbsp;&nbsp; part where gold topped. Then gold had a run, and&nbsp; now copper is starting to run. Now pay attention.&nbsp;&nbsp; This is what I want to show you. Gold starts&nbsp; running. Gold runs, sorry, copper Bitcoin runs&nbsp;&nbsp;
after gold tops and when copper starts to run.&nbsp; Also, Bitcoin generally runs after the ISM hits&nbsp;&nbsp; 50 or 55. So, generally, if you look at previous&nbsp; cycles, Bitcoin usually runs when the economy is&nbsp;&nbsp;
in such a healthy state that the ISM is above&nbsp; 50 or 55. Now, this is the 2013 cycle. That's&nbsp;&nbsp; the 2017 cycle. That's the 2021 cycle. And here&nbsp; we are today. I don't know if you remember, but&nbsp;&nbsp;
we reported the ISM, and we said the ISM hit 54.&nbsp; And it was so disappointing that the ISM hit 54,&nbsp;&nbsp; and Bitcoin hadn't started running. And now what&nbsp; it looks like is happening, Bitcoin is finally&nbsp;&nbsp; starting to catch up to the ISM trade. So that's&nbsp; the Bitcoin trade, and that's why I think that, I&nbsp;&nbsp;
mean, those are just some more mitigating reasons&nbsp; why I think that the bear market is over. Now if&nbsp;&nbsp; you are a Bitcoin maxi, thank you for joining us.&nbsp; If you haven't already subscribed to the channel,&nbsp;&nbsp; subscribe to the channel. Hit like, hit subscribe.&nbsp; What else do we normally do? Someone says, "Happy&nbsp;&nbsp;
birthday, Ran." Thank you very much, guys. Really&nbsp; appreciate it. It is my birthday today. Yes,&nbsp;&nbsp; it is my birthday. So yes, if you are a Bitcoin&nbsp; maxi, thank you for joining us. We'll see you&nbsp;&nbsp; again tomorrow. Until then, trade well, my&nbsp; friends. Hardest, don't end the show. Okay.&nbsp;&nbsp;
Don't end the show, okay? Because if you're an&nbsp; altcoin maxi, the show just begins. So, right now,&nbsp;&nbsp; if you're an altcoin maxi, this is the part that&nbsp; you should be paying attention to. If you're a&nbsp;&nbsp; Bitcoin maxi, as I said, thank you. Trade well, my&nbsp; friends. All right, let's talk about altcoins and&nbsp;&nbsp;
why I think this cycle is going to be powered&nbsp; by altcoins. So I want to look at the charts,&nbsp;&nbsp; and then I want to talk about the story that&nbsp; I believe the charts are telling us. Okay. So&nbsp;&nbsp; first we're going to look at the charts, and&nbsp; then I'm going to translate or interpret the&nbsp;&nbsp;
charts into a story. Okay. So let me give you the&nbsp; charts first. This is the ETH/BTC chart. This is&nbsp;&nbsp; a nine-year downtrend. Okay. This is literally a&nbsp; nine-year weekly downtrend. And as you can see,&nbsp;&nbsp;
we have just broken out of a nine-year weekly&nbsp; downtrend. What does that mean? If you were to&nbsp;&nbsp; translate this into English, what you would say is&nbsp; that there was a token called Bitcoin, and then we&nbsp;&nbsp;
launched a new technology. So Bitcoin launched&nbsp; the blockchain technology, and ETH launched the&nbsp;&nbsp; smart contract blockchain technology. Now what is&nbsp; the difference between smart contract blockchain&nbsp;&nbsp; technology and Bitcoin blockchain technology?&nbsp; Bitcoin is digital store of value. Maybe you could&nbsp;&nbsp;
say Bitcoin is digital money, right? And Bitcoin&nbsp; was the king. And then Ethereum launched. What&nbsp;&nbsp; did Ethereum launch? Ethereum launched to make&nbsp; money programmable and for people to be able to&nbsp;&nbsp;
do contracts in order to receive this money. So&nbsp; almost think about it as Bitcoin was the money,&nbsp;&nbsp; and Ethereum was the contracts for people to&nbsp; receive this money because Ethereum enabled&nbsp;&nbsp; this thing called smart contracts, right? And what&nbsp; you can see is that for nine years, Ethereum was&nbsp;&nbsp;
in a downtrend against Bitcoin. Okay? So, and&nbsp; it just broke out. Now, I'm going to tell you&nbsp;&nbsp; the rest of the story, but before we get there, I&nbsp; want to show you another chart. Exhibit B. This is&nbsp;&nbsp; the others against BTC. Okay? So, others, meaning&nbsp; altcoins, against Bitcoin. And you can see that&nbsp;&nbsp;
they were on an uptrend, and they keep bouncing&nbsp; on this very, very, very mild uptrend. And what&nbsp;&nbsp; you can see here, which is the important part that&nbsp; I want you to look at, is that this one was 370%,&nbsp;&nbsp;
and this one is 574%. And now we're going&nbsp; potentially into the third cycle. And if we&nbsp;&nbsp; go into the third cycle, what we kind of expect is&nbsp; it to go higher than this line over here. In fact,&nbsp;&nbsp; I'm going to draw you the chart here. But I&nbsp; don't want to ruin that chart. We're going to,&nbsp;&nbsp;
let's not ruin that chart either. Let's bring this&nbsp; chart here, and let me draw for you others. This&nbsp;&nbsp; is going to blow your mind. This, the next part&nbsp; of the analysis, is going to blow your mind. Okay,&nbsp;&nbsp;
let's see if this works. Okay, amazing. Now,&nbsp; let's go on to, I think we can go on to a weekly,&nbsp;&nbsp; and that'll pretty much work. And let us draw&nbsp; a line which goes from here up to here, and we&nbsp;&nbsp;
You see exactly where I'm going with this because&nbsp; remember, first I'm going to give you the charts,&nbsp;&nbsp; goes to, I don't even know. I don't even actually&nbsp; know if someone knows how to actually bring this&nbsp;&nbsp;
back. I mean, without, I mean, I can squash the&nbsp; chart. I can't squash the chart with this mouse&nbsp;&nbsp; pad, but okay. All right. You get where this is&nbsp; going. Okay. So you have this chart over here,&nbsp;&nbsp; which is the ETH/BTC chart, which is the chart of&nbsp; the biggest smart contract or the biggest use case&nbsp;&nbsp;
of blockchain after the store of value or money&nbsp; use case. Right? And this you could call as the&nbsp;&nbsp; chart of all the other, of all the applications&nbsp; of this smart money. You get it? So Bitcoin is&nbsp;&nbsp;
the smart money. That's all it actually is. And&nbsp; this is a chart of how all the applications using&nbsp;&nbsp; this technology are actually progressing. Cool.&nbsp; What you can say is that since ETH launched and&nbsp;&nbsp;
topped on the excitement, it crashed because it&nbsp; hasn't been able to fulfill any use cases that&nbsp;&nbsp; people intended it for it to fill. Almost think&nbsp; about the chart of the NASDAQ and the internet,&nbsp;&nbsp; right? Basically, you had the NASDAQ exploding,&nbsp; and then you had the big 2001 crash. Why? Because&nbsp;&nbsp;
the internet wasn't, you couldn't actually use it.&nbsp; That's exactly what happened to Ethereum. Ethereum&nbsp;&nbsp; launched, everybody spoke about smart contracts,&nbsp; right? After smart contracts, basically people&nbsp;&nbsp; realized that smart contracts weren't useful,&nbsp; they were too slow, they were too expensive,&nbsp;&nbsp;
etc., etc., until eventually we got to a&nbsp; point where people said, "Hold on a second.&nbsp;&nbsp; This technology is actually ready, and it works,&nbsp; right?" And now ETH is breaking out of a nine-year&nbsp;&nbsp;
development cycle where the technology hasn't been&nbsp; useful for anything practical to a point where now&nbsp;&nbsp; there are thousands and thousands and thousands&nbsp; of applications. What are those applications?&nbsp;&nbsp; tokenizing of commodities, actual trading, actual&nbsp; smart contracts which are being used, derivatives,&nbsp;&nbsp;
etc., etc. They're now starting to work. For&nbsp; nine years, they've been pretty much not usable,&nbsp;&nbsp; specifically not usable on ETH. And now we're&nbsp; starting to see them actually be applied in the&nbsp;&nbsp; real world. And now you're getting a breakout. And&nbsp; it's the same thing with altcoins. If you look at&nbsp;&nbsp;
altcoins or the applications that we're actually&nbsp; talking about, right, they have been not useful,&nbsp;&nbsp; not useful, not useful. But there have been&nbsp; various hype cycles, and now we look like&nbsp;&nbsp; we might be going into our biggest hype cycle.&nbsp; Higher high. So yeah, higher high, higher high,&nbsp;&nbsp;
higher high, going higher high. And I kind of&nbsp; think that this is basically where it goes,&nbsp;&nbsp; right? We're going to get into this channel. This&nbsp; channel is just going to take us way, way, way,&nbsp;&nbsp; way further up. So if we were to extrapolate that&nbsp; pattern, you could almost say that you'd get a&nbsp;&nbsp;
line going up like that, and eventually you'd get&nbsp; this line going over like $12 trillion or whatever&nbsp;&nbsp; else at the end of the cycle. Why? Because up&nbsp; until now, the technology hasn't been ready. The&nbsp;&nbsp; technology hasn't been useful for anything. But&nbsp; now finally, everything is going into blockchains.&nbsp;&nbsp;
Everything, everything, everything is basically&nbsp; going onto blockchains. Stocks, etc., etc.,&nbsp;&nbsp; all going onto blockchains. And so what you're&nbsp; getting is you're getting a cycle that is driven&nbsp;&nbsp; around actual use cases of technologies, not the&nbsp; promise of use cases of technology. So this cycle,&nbsp;&nbsp;
this whole cycle was the promise of use cases&nbsp; of technology. The technology was sound. The&nbsp;&nbsp; technology was Bitcoin. It was sound, but the&nbsp; use cases were just here, they were delusional,&nbsp;&nbsp; like the dot-com cycle. Here people thought,&nbsp; okay, maybe there's a chance. Now people are&nbsp;&nbsp;
actually starting to use them, and maybe that's&nbsp; the breakout. So the chart actually tells a story,&nbsp;&nbsp; right? So the charts actually tell a story here.&nbsp; The technology wasn't ready. The technology is&nbsp;&nbsp; ready. Actually, the technology is so ready that&nbsp; we think that the next cycle is going to really be&nbsp;&nbsp;
very, very big. And again, I can't even, I can't&nbsp; even stretch that chart here, but basically it&nbsp;&nbsp; goes up there. ETH has been coiling for literally&nbsp; five years. It's been in this range for five years&nbsp;&nbsp; in this pattern called an ascending triangle.&nbsp; And now it's pretty much ready to explode.&nbsp;&nbsp;
etc. But there's nothing exciting that's going&nbsp; to be happening on Bitcoin from this point on.&nbsp;&nbsp; Everyone knows what Bitcoin is. Everyone knows how&nbsp; it's going to work, etc., etc. What you're seeing&nbsp;&nbsp; here is that the next cycle is actually going to&nbsp; be led by the altcoins. If the charts are right,&nbsp;&nbsp;
the next cycle becomes a parabolic exponential&nbsp; chart. As you can see over here, parabolic. Let&nbsp;&nbsp; me try and get this down. Hold on. Let me try and,&nbsp; I've got a very non-sensitive mouse pad here. So,&nbsp;&nbsp;
we're going to have to just bear with me here.&nbsp; Okay. We're going to like try and do it like this.&nbsp;&nbsp; Okay. See? So, there we go. Okay. And literally&nbsp; like, I don't know. Oh, man. Let's try more. Okay.&nbsp;&nbsp;
I just, again, we're just, we're messing around&nbsp; here. I'm giving you, I'm giving you the theory,&nbsp;&nbsp; but I want to show you how high and how fast this&nbsp; thing can actually go. So, this is where we are&nbsp;&nbsp; today. No use cases. Now there's all of a sudden&nbsp; thousands of use cases for blockchain. In fact,&nbsp;&nbsp;
the SEC and stocks and money and commodities and&nbsp; currencies and whatever else. And we're basically&nbsp;&nbsp; going to extrapolate here just for fun. And we're&nbsp; going to go to the top of this channel over here.&nbsp;&nbsp; And we're going to get to a, okay, great trend&nbsp; line. Hold on. Let me, let me get this. Let me try&nbsp;&nbsp;
and catch this trend line here. Okay, there it is.&nbsp; Okay, so imagine that we, you see the problem is I&nbsp;&nbsp; have to now squish it a bit more. But I mean, that&nbsp; shows you, I want to show you how high this cycle&nbsp;&nbsp; will go specifically around the altcoins. So let's&nbsp; say that it goes all the way up to there, and we&nbsp;&nbsp;
meet this line meets us here at $20 trillion, and&nbsp; the market now is at $2.5 trillion. That would be&nbsp;&nbsp; an 8x on the market. Right now you say, okay, but&nbsp; an 8x, but we did get an 8x from here or 5x from&nbsp;&nbsp;
here to here. So if you look at here to here, we&nbsp; actually did get a 5x when there was not a single&nbsp;&nbsp; use case for the altcoins. We got a 6x. So if we&nbsp; were to say, okay, what about when we actually do&nbsp;&nbsp; have use cases and there's derivatives and there's&nbsp; and everything else, is it possible for us to get&nbsp;&nbsp;
a six or seven or 8x here? And the answer is&nbsp; definitely yes. And that's why I think that&nbsp;&nbsp; this cycle is going to be driven by the altcoins.&nbsp; The charts are telling me exactly that story, and&nbsp;&nbsp; the fundamentals are telling me exactly the same&nbsp; story. And that's why the altcoins are running.&nbsp;&nbsp;
And you can already see that there are a lot of&nbsp; altcoins that when you compare them to Bitcoin,&nbsp;&nbsp; are basically leaving Bitcoin behind. Hyperliquid&nbsp; left Bitcoin behind this cycle. Why? Because&nbsp;&nbsp; there's a real use case for Hyperliquid.&nbsp; Zcash left Bitcoin behind this cycle. Why?&nbsp;&nbsp;
Because there's a real use case for Zcash. It's&nbsp; private money. Solana just started to move against&nbsp;&nbsp; Bitcoin. There's tons. Basically, I guarantee you&nbsp; that if you go look at any chart that has a use&nbsp;&nbsp;
case, then that chart has outperformed Bitcoin.&nbsp; If you look at any chart this cycle that has a&nbsp;&nbsp; use case that is going to be much bigger. Let&nbsp; me show you an example. Pump.fun. Pump.fun USD&nbsp;&nbsp;
to BTC. Divided by BTC USD. I mean, we know this.&nbsp; We know this. Yeah. Pump.fun divided by BTC USD,&nbsp;&nbsp; vertical line up. Why? Because it has a use case,&nbsp; and it's actually being used. Altcoins that have a&nbsp;&nbsp;
use case and are actually being used have already&nbsp; outperformed Bitcoin this cycle because that's&nbsp;&nbsp; what this cycle's about. That's what the cycle's&nbsp; about. And this cycle will follow this chart&nbsp;&nbsp; over here, or sorry, this chart over here, and&nbsp; eventually we will get to $20 trillion. That is,&nbsp;&nbsp;
by the way, that's my base case for where we end&nbsp; up in the cycle. $20 trillion, and we're on $2.46&nbsp;&nbsp; trillion right now. Charts are telling me the&nbsp; story. The use case of the technology is telling&nbsp;&nbsp;
me the story. And if the AI trade takes off and&nbsp; agents start using blockchain, then it really does&nbsp;&nbsp; become, not if, when, game over. And so what I&nbsp; did was I started looking for which altcoins to be&nbsp;&nbsp;
investing in, and I posted this in Front Runners&nbsp; earlier. I said, "Look, guys, honestly, SOL is&nbsp;&nbsp; the best chart in crypto today, and I've taken a&nbsp; leverage bet on SOL." I took it in a big account,&nbsp;&nbsp; but I also took a small position here in my TX&nbsp; Flow account. So, here is the position on TX Flow.&nbsp;&nbsp;
I took a 10x leverage on Solana. I bought 500 SOL.&nbsp; Right now, I'm $66 down. My entry point was $105.&nbsp;&nbsp; It's trading at $105. Why did I take it? It's&nbsp; the best chart in crypto right now. Really, if&nbsp;&nbsp;
you look at this chart and you look at this chart&nbsp; that's just over here, broken through this. Look&nbsp;&nbsp; at that. Look at this support resistance. Look how&nbsp; long this support resistance level has been. Okay,&nbsp;&nbsp; it's literally this whole support resistance level&nbsp; over here. It's just, just, just broken out of it.&nbsp;&nbsp;
Where's the next level here? 140. Like, where are&nbsp; the next levels here? 140 is the next level, the&nbsp;&nbsp; way I see it. 150. So I took a leverage long on TX&nbsp; Flow. This is a decentralized perpetuals DEX. Just&nbsp;&nbsp; like Hyperliquid, if you start farming it now, you&nbsp; will earn a boatload of points because of Banter,&nbsp;&nbsp;
you are getting your points before everybody else.&nbsp; You will earn a boatload. Okay, so there is a&nbsp;&nbsp; link for you guys here. Use that. Use the thing,&nbsp; Banter. You get a discount on your fees. You can&nbsp;&nbsp; trade with me. You can follow my trades, and you&nbsp; also get points before anybody else starts getting&nbsp;&nbsp;
else, and then game over for you guys. All&nbsp; right. Let's talk about, so, let's go back to it.&nbsp;&nbsp; In terms of the majors, SOL, best performing major&nbsp; since the breakout, okay, against ETH and against&nbsp;&nbsp;
Bitcoin. If you look at SOL specifically against&nbsp; Bitcoin, look at Solana specifically against&nbsp;&nbsp; against Bitcoin. Why? Because it's part of the&nbsp; coins for the new cycle. It also bounced off a&nbsp;&nbsp;
very long-term support line over here. So again,&nbsp; let's look at the charts and let's tell the story.&nbsp;&nbsp; The charts are giving us what's going on, and the&nbsp; story is our interpretation of why we think this&nbsp;&nbsp; is happening. So let's look at the fundamentals.&nbsp; Why is this actually happening on Solana? Well,&nbsp;&nbsp;
if you look at the SOL fundamentals, what you'll&nbsp; realize is that SOL is actually exploding. That's&nbsp;&nbsp; Solana transaction activity. And I'm going to go&nbsp; further back just so you can get some perspective&nbsp;&nbsp;
here. So that is, that is the, okay, don't&nbsp; know what I did there. Okay, that is the Solana&nbsp;&nbsp; transaction activity. Okay. You can see it's&nbsp; increasing exponentially. It's not at bull market.&nbsp;&nbsp; Yeah, it is. It's actually much further. So, by&nbsp; the way, these dashboards are from Blockworks.&nbsp;&nbsp;
And I want to tell you that if you're in crypto&nbsp; right now and you don't have data like this,&nbsp;&nbsp; and Blockworks gives you all this data. If you're&nbsp; in crypto right now, you don't have this kind of&nbsp;&nbsp; data, you can't play the game. We're not sponsored&nbsp; by Blockworks. I just have to show you that the&nbsp;&nbsp;
level of their data is unparalleled. Literally&nbsp; unparalleled. So, kudos to the guys at Blockworks.&nbsp;&nbsp; They also bought Messari recently, and they're&nbsp; doing amazing things. Friends in the industry. All&nbsp;&nbsp; right. So why do I say this? Because if you look&nbsp; at the metrics on Solana, which are all available&nbsp;&nbsp;
on Blockworks to anyone who wants to do it, what&nbsp; you can see is that number one, the transaction&nbsp;&nbsp; activity is really, really, really growing. So&nbsp; you got to ask yourself, why is the transaction&nbsp;&nbsp; activity still really growing? And the answer&nbsp; actually lies in Pump.fun and a new app, well, not&nbsp;&nbsp;
a new app, it's quite old now, called FOMO. Right.&nbsp; So, what are these, Pump.fun and FOMO? They are&nbsp;&nbsp; social trading apps, right? If you, I mean, if you&nbsp; go look at the Pump.fun app, which I've showed you&nbsp;&nbsp; guys on the phone, right? It is a social trading&nbsp; app. That's what it is. It's social trading. It's&nbsp;&nbsp;
people sharing trading ideas specifically on the&nbsp; trenches and them trading. Now, where are these&nbsp;&nbsp; trenches? The trenches are on Solana. That's FOMO.&nbsp; That's Pump.fun. The two of them are competing for&nbsp;&nbsp; market share. The two of them are competing here&nbsp; for market share, specifically in the trenches.&nbsp;&nbsp;
Unbelievably addictive. Both apps, I want to&nbsp; say, are unbelievably, unbelievably addictive,&nbsp;&nbsp; and they are driving this massive bull market&nbsp; on-chain. And yes, on-chain is not only in Solana,&nbsp;&nbsp;
but I want to show you something here. Yeah, this,&nbsp; I think it's this chart over here. So, wait. Yeah,&nbsp;&nbsp; I think it's, wait, hold on. Where's that chart?&nbsp; Hold on. I think it's this one. Yeah. No, not,&nbsp;&nbsp;
okay. I'll show you the chart in one sec. I'll&nbsp; definitely find the chart for you. But the fight&nbsp;&nbsp; for the adoption of FOMO and Pump.fun. FOMO has&nbsp; 100,000 daily active users. Actually, more than&nbsp;&nbsp;
100,000 daily active users. That's their fees and&nbsp; revenue, right? That's what this app is doing.&nbsp;&nbsp; It's like the magic super app of crypto. It's the&nbsp; biggest phenomena in crypto in my mind. Now you&nbsp;&nbsp; got two of these big use cases, and most of them&nbsp; are trading on Solana. Yes, some of it's, some of&nbsp;&nbsp;
it's on Base, and some of it's on Robinhood, but&nbsp; the majority of it is all happening on Solana.&nbsp;&nbsp; That's the, that's the weekly trading volume on&nbsp; FOMO. You can see that the majority of it is being&nbsp;&nbsp; done on SOL, and the rest is broken up between&nbsp; Base, BSC, and Robinhood, right? But ultimately,&nbsp;&nbsp;
most of this is actually happening on Solana.&nbsp; This is part of a new trend which is called social&nbsp;&nbsp; trading. And right now, Solana is the biggest&nbsp; custodian of this social trading phenomena.&nbsp;&nbsp; But Solana is not the only beneficiary of it. You&nbsp; guys who are watching the show, and specifically&nbsp;&nbsp;
you guys who are watching, who are part of Front&nbsp; Runners or 247 Internal, are also going to be&nbsp;&nbsp; guys are also beneficiaries of social trading.&nbsp; So that is why Solana, well, that's one of&nbsp;&nbsp;
the reasons why Solana is basically running. But&nbsp; ultimately, the fundamentals are incredibly good,&nbsp;&nbsp; and that's why I took a long around Solana earlier&nbsp; today. I took a very big long in my one account,&nbsp;&nbsp; and I took another long here that you guys can&nbsp; follow. Okay, I'm up again. Okay, now I'm up 300&nbsp;&nbsp;
bucks on a, I think I'm 100% up already. Well,&nbsp; no, I put, I put $5,000 margin. Okay, so, cool.&nbsp;&nbsp; So I did call this in Front Runners. I told the&nbsp; guys exactly when I'm taking the trade over here.&nbsp;&nbsp;
This is when I took the big leverage position. I&nbsp; actually posted it. We all post all of our calls&nbsp;&nbsp; here on Front Runners. When Solana runs, the&nbsp; Solana ecosystem will also run, right? So, SOL,&nbsp;&nbsp;
Pump.fun, Jupiter, GTO, Camino, Raydium, all of&nbsp; them, all of them will pump because there's going&nbsp;&nbsp; to Camino. We're so underexposed to me. We're so&nbsp; underexposed to Raydium and to Jupiter." And you&nbsp;&nbsp;
can already see it. If I was looking here earlier,&nbsp; Jupiter up 21.3% this week. Okay. Yeah. Let's look&nbsp;&nbsp; at it today. Ethena's up again. Yes, baby. Very&nbsp; long Ethena. As I told you guys the other day,&nbsp;&nbsp; I'm long Ethena TAO, which I posted in Front&nbsp; Runners. As I said, it's going to break out. It&nbsp;&nbsp;
did actually break out. I posted it here for the&nbsp; community to see. I was maybe a day early. Here we&nbsp;&nbsp; go. I was waiting for this breakout. Here we go.&nbsp; I'm, I'm waiting. I was waiting for this breakout,&nbsp;&nbsp; and it hasn't come yet. Oh, it just came. Sorry.&nbsp; That's when it just came. I think I posted much&nbsp;&nbsp;
earlier. I said, "I'm looking for, I'm looking for&nbsp; TAO." Anyway, let's, let's, let's get back to it.&nbsp;&nbsp; So, when this runs, all of these are also going to&nbsp; run. Now, there's also, as I mentioned, this thing&nbsp;&nbsp; around social trading, and this is where if you're&nbsp; part of our Front Runners Discord group, I'm going&nbsp;&nbsp;
to show you something absolutely amazing. It's not&nbsp; ready yet. It's not ready yet. It's only going to&nbsp;&nbsp; be ready next Tuesday, but on Tuesday, oh, hold&nbsp; on a second. Someone just posted something. Ethena&nbsp;&nbsp; Foundation's fee switch activation. So Ethena just&nbsp; activated fee switches, and that's why Ethena is&nbsp;&nbsp;
now running. Okay. 10% candle. Amazing. Ethena.&nbsp; Ethena running because they've just implemented&nbsp;&nbsp; a fee switch. Let's quickly just look at it over&nbsp; here. ENA. Okay. There we go. Ethena. We're going&nbsp;&nbsp;
to get back to the, here we go. Here's the,&nbsp; let's look at the one-hour candle. Okay. Okay.&nbsp;&nbsp; a look here. All right. Let's go back. Let's&nbsp; go back to this. Also, by the way, Solana has&nbsp;&nbsp;
governance protocols right now, which will make it&nbsp; more inflationary and burn more Solana. So, again,&nbsp;&nbsp; another, like, another thing here is that Solana's&nbsp; got deflationary, deflationary tokenomics down.&nbsp;&nbsp;
All right. Now, let's talk about the special offer&nbsp; for you guys. Okay, now I'm not supposed to show&nbsp;&nbsp; this to you today. It's on the DevNet. Someone&nbsp; said it's not inflationary. Someone says it's&nbsp;&nbsp; not inflationary. Hold on. Not inflationary.&nbsp; You see the guys in Front Runners trying to&nbsp;&nbsp;
catch this Ethena thing on Kapur's channel. Did&nbsp; they? We have to get receipts. Kapur, we're going&nbsp;&nbsp; to look for the receipt now, bro. He did. He&nbsp; did. But here it is. He did catch it. You see,&nbsp;&nbsp;
I tried to catch him out that he was not, not&nbsp; being truthful with us, but here it is. I mean,&nbsp;&nbsp; here it is. Here's his entry in Front Runners. I&nbsp; thought he wasn't truthful, but he actually was.&nbsp;&nbsp; He bought it. Kapur's amazing. Boom. He just,&nbsp; he just smashed it. Well done, guys. Well done.&nbsp;&nbsp;
Anyone in Front Runners would have caught that, or&nbsp; 247. All right. Now, I'm not supposed to show you&nbsp;&nbsp; this, but in the spirit of social trading,&nbsp; and in the spirit of people, someone says,&nbsp;&nbsp; "Raise incoming." In the spirit of social trading,&nbsp; and in the spirit of showing you what we're doing&nbsp;&nbsp;
for our community members, we are launching our&nbsp; very own social trading terminal. Hardest, is my,&nbsp;&nbsp; is my thing up there? It is up, right? Okay.&nbsp; Here is, are you sure it's up? Because I can't,&nbsp;&nbsp;
I cannot show the address, right? It is up.&nbsp; Okay. Okay. This is our very, very, very new&nbsp;&nbsp; social trading terminal, right? How it works is,&nbsp; how it works is, for initially our Front Runners,&nbsp;&nbsp;
it's called 247 Ideas because it's going to give&nbsp; you 24/7 trading ideas. Right now, as you can see,&nbsp;&nbsp; I'm connected it to Front Runners, and every&nbsp; single post in Front Runners is here on the&nbsp;&nbsp;
trading terminal, which means that now you can&nbsp; trade directly from the trading terminal. So,&nbsp;&nbsp; you see Kapur said, okay, he's saying, "Took&nbsp; some, short some profits on Ethena." This is&nbsp;&nbsp; not connected, but theoretically what I would do&nbsp; is I'd hit $100 short because he's taking profits,&nbsp;&nbsp;
and I would then be short $100. Now again, this&nbsp; is not connected because it's a dev site, but&nbsp;&nbsp; ultimately you're going to get, if you're part of&nbsp; Front Runners next week on Tuesday, you're going&nbsp;&nbsp; to get a free trading terminal that ultimately you&nbsp; can trade directly. Every single call that we make&nbsp;&nbsp;
in our Discord, every single call that we make&nbsp; in our Discord is here, right? And you are going&nbsp;&nbsp; to be, wait, let me just, let me just quickly,&nbsp; I can't, if they, if they see the thing here,&nbsp;&nbsp; we, we're in big trouble because then it's on a&nbsp; dev, it's on a dev site, and you know, if it's on&nbsp;&nbsp;
a dev site, people can just access it. Okay. So,&nbsp; every single post in Front Runners will be here.&nbsp;&nbsp; But it gets much, much, much better than that. A&nbsp; lot better than that. If you are part of any other&nbsp;&nbsp;
Discord, like anyone, well, Chart Attackers,&nbsp; any other Discord, all you do is you add the&nbsp;&nbsp; feed here. You can just add the feed here, and&nbsp; then you will be able to trade directly from the&nbsp;&nbsp;
feed. Literally, you can trade directly from the&nbsp; feeds. This is ready. It's going to be given for&nbsp;&nbsp; free to all our 247 Front Runner memberships. Now,&nbsp; today I'm giving you another chance to join before&nbsp;&nbsp;
we launch this terminal on Tuesday. This terminal&nbsp; is the most fun you're ever going to have. As I,&nbsp;&nbsp; as I mentioned, it's not working now because it's&nbsp; not connected to an account because it's all in&nbsp;&nbsp; testing. But ultimately, you're going to be able&nbsp; to plug in all your ideas here, and then you're&nbsp;&nbsp;
going to be able to trade from Telegram groups,&nbsp; etc. Now, there is a special. I don't know what&nbsp;&nbsp; the special actually is. It's called two. It's&nbsp; this link here, 247research.frontrunners. Not only&nbsp;&nbsp;
do you get all the ideas, but you also get the&nbsp; free terminal. You pay 50% off. You access it for&nbsp;&nbsp; $99 for the first month. It usually costs $199.&nbsp; You get the terminal, you get the news feed, and&nbsp;&nbsp; you get the research product for free. Oh, hold&nbsp; on. He says the URL leaked. How the hell did the&nbsp;&nbsp;
URL leak? Taking the site down. I was so careful&nbsp; not to leak the URL. How did the URL leak? All&nbsp;&nbsp; right, he's taking it down. All right, you, you've&nbsp; now have one last look because, because you guys&nbsp;&nbsp;
are too, it leaked. Okay, I leaked it by mistake.&nbsp; Okay, the URL leaked. He said he's taking down the&nbsp;&nbsp; site. Rubbish, man. You guys are too good. You&nbsp; guys are too good. Anyway, you get the message.&nbsp;&nbsp;
In a week, there's going to be a social trading&nbsp; terminal. It's called 247 Ideas. Any idea that you&nbsp;&nbsp; get to trade, you can actually trade directly&nbsp; from the terminal within milliseconds, guys.&nbsp;&nbsp; and you're getting all the Front Runner calls, and&nbsp; so it's literally free to anyone in 247 Research&nbsp;&nbsp;
Group, which is our, our, our, 247 Research Group,&nbsp; 247 News. You're getting it, you're getting it&nbsp;&nbsp; terminal, you can trade directly from the terminal&nbsp; in milliseconds. You'll be able to chat to all&nbsp;&nbsp;
the other members, take profit, stop losses,&nbsp; everything else. Okay, he's telling me he has to&nbsp;&nbsp; take the, the URL leaked. Have to take site down&nbsp; before they start breaking it. All right. Okay,&nbsp;&nbsp; you can take it down. What else? I wanted to talk&nbsp; about Zcash. So, we were a little bit concerned&nbsp;&nbsp;
after the ETF launched. We were a little bit&nbsp; concerned because the ETF launched, and there was,&nbsp;&nbsp; and the price started to go down. We discovered&nbsp; subsequently that there is a big seller. They have&nbsp;&nbsp;
unshielded 65,800 Zcash, or roughly 0.4% of Zcash&nbsp; supply, and they've already sold, they've sold&nbsp;&nbsp; 53,900. They got 10,000 more to sell, and then&nbsp; it's back to Valhalla. So, you've seen it. Here&nbsp;&nbsp;
it is. We're monitoring these wallets again. We're&nbsp; monitoring the wallets in 247 Research. There's&nbsp;&nbsp; a full section to the wallets being monitored. I&nbsp; think if I'm not mistaken, it's in Ly's channel.&nbsp;&nbsp;
Is it in Ly's channel? Researchers, let me know&nbsp; where exactly we keep this. No, it's not that.&nbsp;&nbsp; It's maybe on-chain finds. Is it on-chain&nbsp; finds? Okay, it's somewhere in here. I mean,&nbsp;&nbsp;
I don't know exactly where every URL leaked.&nbsp; Okay, I'm sorry. I'm sorry, Mr. Developer. I'm&nbsp;&nbsp; so sorry for leaking your URL. I didn't mean to&nbsp; destroy your day's work today and make you have&nbsp;&nbsp; to take down your URL. I think that's it. Remember&nbsp; to sign up to 247 Internal and remember to farm&nbsp;&nbsp;
points on TX Flow. Use the links below. I will&nbsp; see you guys again tomorrow. Wait, wait, wait,&nbsp;&nbsp; before you, before, before. Can we just look at&nbsp; this chart again? Can we just all just, hold on.&nbsp;&nbsp;
Can we just all for two seconds just look at this&nbsp; chart again? And can we just all for two seconds&nbsp;&nbsp; just live in a little fantasy world that this&nbsp; basically happens? It's not impossible. It's not&nbsp;&nbsp;
impossible. It's not impossible. Let me know what&nbsp; you think in the comments. All right. I'll see you&nbsp;&nbsp; guys again tomorrow. I'm going to go celebrate&nbsp; my birthday. Until then, trade well, my friends.
