You wanna learn and talk about the crypto markets huh? Well luckily you just stepped
your face into the best place to do that on the TUBE. Any tube by the way. Televesion tube and
Youtube! You're not going to find crypto information anywhere else, even on non tubes
like Podcasts. So strap in, open those ears and eyes…because it’s time for Chico Crypto!
Sooooo let’s talk about Altcoins, as a few of my top picks were performing
muy excelente yesterday, in the face of a slight market downturn. Everything else,
a majority of the altcoins, even in the top 100 were in the red!!
So let’s begin with one of the top HODLs in my portfolio,
who I’ve covered on multiple levels over the past 7 months!
That is Alchemist Coin, and it’s up over 7 percent 24 hours. From 124 dollars to 134….but
then pulling out the 7 day chart things look even more bullish for alchemist. Going from a low of
68 dollars to that 134 we were at yesterday! Nearly a 100 percent gain in under 7 days!
Now, I’m not going to cover this again, as I’ve made videos covering this already..even
6 months ago…but there is some pretty solid information out there that Uniswap
is integrating Flashbots technology, and mistx..to save Uniswap v3 users
from Sandwich attacks, and also providing them cashback rewards, for the MEV that is saved!
And many think the deployment and announcement of it is coming this week! Why?? Well Dire0x, he
is an alchemist coin core developer, who focuses on mistX. Well Sir Dire replied “Next Week” to a
tweet last week from a Don Vincenzo, that said “Can’t wait to be next week”’ and tagging both
alchemist coin and mistx twitters. (Link #3 Dire0x Tweet)
Now you need to watch my previous video on this to fully understand why this is important,
it’s down in the description if you want to check it out…but Dire0x had an open issue in the
Uniswap v3 Github for Frontrunning protection with mistx, which has been closed aka settled
for over a month now…and in that issue he was working with Uniswap core developer Moody Salem!
So, I’ve been saying since 6 months ago, this was going to happen..but there is a little more
speculative evidence that says it's coming. And this is actually pretty big in my opinion.
On the same day of his “Next Week” tweet, he also was tweeting about sandwich attacks on Uniswap v3.
He tweeted “Here's a juicy sandwich on UniV3, the user lost more than $30k USD. Public
Uni & Sushi sandwich dashboard coming soon with big eyes. Why is this important!? Well you should
know that mistX only works with Uniswap v2 and Sushiswap, in alchemist blogs they have said that…
Why would Dire0x be tweeting about Uni v3 sandwiches, and a Uni v3
dashboard last week…if v3 integration wasn’t coming soon…? He wouldn’t be…
Nowww it’s time to move onto the second altcoin for the day,
which is following a similar path recently as alchemist coin. That is OlumpusDAO….Ohmmmmmm!
Over the past 24 hours it’s doing better, up nearly 11 percent over the past 24 hours. From
a low of 824 dollars to 922! And then over the past 7 days,
it's gone from 600 dollars to the high of 922. A gain of nearly 54 percent!
Now, OHM has taken the crypto world by storm…and defied the odds!
It’s the only cryptocurrency in the top 100 that doesn’t have a centralized exchange.
It’s only listed on DEXs like Uniswap, Sushiswap, and 0x protocol. All other coins in the top 100,
have a CEX…like Binance, Conibase, Kraken, Kucoin, or one of the others.
Sooo, there is major upside still to OHM in the short to mid term.
A centralized exchange is going to want a piece of the OHMIE pie,with the fees that can be made
by traders exchanging it back and forth.Who will be the first centralized exchange to swallow the
ohm pill? We’ll have to wait and see, but let me tell you, it’s gonna happen and most likely soon!
But regarding the hype behind OHM, it a calles down to (3, 3ing) aka staking your OHM tokens
through the protocol! The current APY on staking is a ridoncoulous,
7309 percent! What that means, is if someone just put just 100 dollars into the protocol,
over a year…that measly 100 bucks would turn into over 7300 dollars if the APY held where it was!
1000 would turn into over 73000 thousand, and so on and so forth!
Although, the APY of OHM is going down over time, it’s not going to HODL at over 7300 percent!
It will go down, as that has been the case throughout OHMs history….going
to the OHM dashboard on Dune Analystics, we can see that OHM staking, began at nearly 300
thousand percent during the launch! As time has gone on, the APY has fallen, settled and went
sideways…growing a bit, went down, and as of now we are going pretty much sideways again!
So there is still time to savor those juicy high APYs,
and I’m sure some of you are kicking yourself for not getting
earlier to get those massively high APYs…but let me tell you, there will be another chance!
And it’s coming from a friend of OHM, an actual fork of the protocol, where OHM is helping
advise!! And that is….KlimaDAO (klimadao logo)
Going to one of the medium blog posts titled “Climbing Olympus” the Klima team says
“The Klima DAO ecosystem is modeled on Olympus DAO. Iterating on their work presents the best
framework for us to achieve our objectives. We are grateful for their vision and execution,
the example they have set, and advice they have offered us”
So do you understand what that means!? That means ultra high APYs, just like Olympus’s
right out the gate!! Like they said “Klima is modeled on OlympusDAO! Now there are other
forks out there right now, but I wouldn’t touch them with a five foot pole. None of these forks
have advice from Olympus DAO…and there have been forks before these Other recent ones,
like Time on Avalanche…they thought they could do it…these ones before and they failed. If
they had advice of Olympus and backing of Olympus…that might now have happened!
Now, there is something else I found out about KlimaDAO recently that is super
super interesting!! Everyone should know about this ethereum address that ends in
AAC. This is Mark Cuban’s ethereum address, which I’ve confirmed in multiple videos
before..tying it right back to the cubster himself…and showing that he holds and stakes OHM!!
Well also in that wallet…is something so interesting. PKlima tokens, aka PreKlima!
Now last week the Klima team put out a blog post, discussing the differences between
aKlima and pKlima, making people understand that pKlima is not aKlima. The blog says “KlimaDAO has
also distributed a number of pKLIMA to people who can help this protocol become a success in the
long-term. pKLIMA is not the same as KLIMA; there are no underlying BCTs locked in the treasury to
underpin the distributed pKLIMA supply. Nor is pKLIMA the same as aKLIMA; a BCT will not
automatically be delivered to the treasury on behalf of pKLIMA holders when they are redeemed.
To redeem pKLIMA, holders will be responsible for delivering BCTs to the treasury themselves.”
They go on to say this was modeled, the distribution and supply based vesting schedule
after OlympusDAO’s pOHM…and then below a tad bit further,
they give the details of the distribution. Team: 330m pKLIMA, and 7.8% supply share
Project Stakeholders: 70m pKLIMA, and 3.5% supply share
Advisors: 50m pKLIMA, and 1% supply share OlympusDAO: 70m pKLIMA, and 3.5% supply share
And finally the Klima DAO community: 480m pKLIMA (no supply share) because
the community decides through the DAO what happens to those tokens!
Sooooo…Mark Cuban’s pKlima, had to come from two spots….he’s not part of the team,
hes not on the Olympus DAO team…so either a project stakeholder, or advisor….
Can you say
SCHWIINNNNG (like wayne's world) Cheer’s viewers I’ll SCHWIIINGGG with you next time!