WOOOHOOOO!
A Bitcoin dump!!!m Why am I so excited for BTC’s jump off of a cliff?
Well this gives me more time to accumulate one of the next big narratives for this BItcoin
cycle and the coming parabolic bull.
What’s this narrative and what coins are we sweeping up into our bags.
Well find out in about ten minutes….because it’s time for Chico Crypto!!
I’m sure some of you know what I’m about to talk about, as I first covered it over
last weekend & I haven’t been this bullish on anything since 2021 & GMX… but let me
tell you…this is going to be MUCH larger than GMX….because this is DeFi built on
Bitcoin & eventually we will see a decentralized perpetual exchange like GMX built on BTC…
In that video from my initial research, I revealed the top BRC20 assets I had decided
to “ape” into.
This included the OG, the first, BRC token ORDI.
My video came out Saturday May 6th, and as we can see…the rocket boosters engaged post
video, surging to a peak of over 28 dollars, but as of now it’s just above $22.
Another coin I revealed I was going heavy into was OSHI…as OSHI was one of the first
coins to start building a DeFi product on Bitcoin, creating the first liquidity pool
protocol.
Well OSHI decided to moon too, going even more bananas than Ordi.
On saturday when my video dropped, OSHI was about 160 bucks, it reached a peak of over
1000 dollars, but as of now is sitting just under 500.
Even with these pumps, I believe it is just the beginning for these altcoins…especially
OSHI because OSHI holders are getting themselves a big bonus for having the token…ring the
alarm, because holders are getting themselves an airdrop of another brc20 protocol, specifically
an airdrop of the brc20 GMX…
As we can see, Sako Finance tweeted this May 6th.
“Airdrop confirmed : For OSHI holders before May 6th at 4:20 PM UTC.
Full details in an upcoming announcement…”
Yup, if you scooped up some OSHI when I first covered it in my video on Saturday, you will
most likely be qualified to receive an airdrop from SAKO Finance.
What exactly is SAKO Finance?
Well like I mentioned it’s the GMX of Bitcoinl.
From the SAKO twitter and their pinned tweet, the team says “Sako is a decentralized and
non-custodial perpetual DEX on #Bitcoin focused on delivering highly effective risk management
along with first of a kind liquidity solution for LPs.
Are you ready to trade your favorite #BRC20 tokens with x50 leverage ? Full Details on
our docs soon.”
Perpetual DEX….yup just like GMX, and everyone knows what GMX has done throughout this BEAR
market exploding into the top 100, in spite of everything crumbling around them.
If Sako delivers this on BTC, in my opinion they will see a similar rise!!
So how many tokens are getting airdropped?
Well it seems like it’s gonna be a solid batch for the holders of OSH.
The Sako twitter also posted a picture of their token distribution and it’s a solid
15 percent of the supply being airdropped!!
Not bad if i don’t say so myself…
Now guys and gals, I’ve had a few more days to dive into the world of tokenization on
Bitcoin, and I’ve discovered a couple more BRC20 assets who will walk to the moon, just
like Micheal Jackson in the 80s.
These bad boiz will PUMP!!
Because these coins focus on utility with BRC20s, they focus on Decentralized Finance..DeFi…
The first new DeFi brc20 I’m going heavy into is Ordipool’s ORPO.
From their website we can see they are building trustless brc20 swaps aka it looks like they
are aiming to build the Uniswap of Bitcoin…
If we go into their documentation, it says “Using inscriptions to attempt to provide
fool-proof off-chain balances available to swap using liquidity pools.”
including an explanation of how the swaps would work.
They even provide a worked live example of a swap, showing that it works…and is being
prepared for deployment….
Now some of you might be saying…this sounds similar to OSHI, aren’t they also building
a liquidity pool solution??
Wel Ordipool is building a LP solution for swapping, from OSHI docs we can see they say
“they are introducing LPV1, a revolutionary synthetic asset and under how it works it
says “The use of Ordinal-based synthetic assets allows for easy trading of these assets
on various platforms.
The DAO on the bitcoin protocol provides a platform for users to participate in the decision-making
process for the management of the vaults, with rewards earned through swap fees…
Ordipool is more like the Uniswap on Bitcoin & OSHI is more like the synthetix network!!
Then from the OSHI discord, the developer for Ordipool was there, letting the chat group
know he was behind it and they explained Oshi and ORPO were building in parallel and the
teams were in contact…
Although, what if I told you…there will be an option to swap brc20’s coming as soon
as next week??
Well a project I also covered in my first brc20 video last Saturday, is coming with
a brc20 DEX, built on bitcoin layer 2, with lower fees…and it’s coming very very soon!!
That is Alex Lab’s and their ALEX token.
As we can see from this tweet put out just a few days ago…they said “Calling all
BRC20 projects!
Get ready to list on ALEX!
Fill out the form with a link to it.
Experience CEX-style trading for your BRC20 tokens - as early as next week!
Don't miss out!!!”
As I mentioned, I called ALEX Saturday May 6th in my video even before their brc20 DEX
was announced…I just predicted they would be building a DEX for brc20 assets, and now
that is fully confirmed as true!!
So I hope some of you picked it up, as we can see Saturday, the day of my 1st video..it
was sitting around 6 cents, it pumped all the way up to above 14 cents, and right now
is sitting at around 12 cents.
Note to people, ALEX is not a brc20…but a token on the STACKS layer…do not buy the
ALEX brc20 if you are trying to purchase this one…
Now the final BRC20 asset I want to cover is a brand new one, that I haven’t covered
before.
This asset is not focusing on memes, but is focusing on what I love DeFi…and the name
of this asset gives me the hibbie jibbies….
This project is the Szab project, with the token SZAB…so why does this name give me
the hibbie jibbies?
Well it pays homage to the founder of smart contracts.
Nick Szabo who created the smart contracts white paper all the way back almost 30 years
ago.. in 1994!!
So what is the Szab project….well going to their website they say.
“Szab is a back-end protocol on the BRC20 blockchain with the goal of establishing SZAB
as a crypto-native reserve currency.
It conducts autonomous and dynamic monetary policy, with market operations supported by
the protocol-owned Szab Treasury.
SZAB serves a need in the market gap between BRC20 pioneers tokens as ORDI and volatile
crypto assets, providing relative stability and scalability underpinned by the protocol’s
Range Bound tangibility (“RBT”) system.
RBT is the flagship system of Szab’s autonomous monetary policy.”
They are creating a protocol owned liquidity project, and a reserve currency that is Range
Bound, AKA does not have the wild fluctuations of typical altcoins!!
Going to their documentation and the section on the process, we can see they have code
ready for how this is going to work…aka they are developers, and not just some people
creating a shitcoin….
Well viewers…I’m bullish on these coins as they are not just memecoins, but coins
actually building something to advance the world of Bitcoin DeFi…and again, once I
start covering things…the herd follows suit….Crypto Ran is now covering brc20s….but also Ivan
on Tech……many will follow, but Chico Crypto is always 1st.
Cheers I’ll see you next time!