It's hot outside, but the markets are cold.
You know what that means.
It's time to look at some alts on sale.
I'm pulling my top altcoin gems out of the fridge
and getting them ready for some smoky gainful goodness.
Let's get it!
Welcome to BitBoy Crypto!
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The largest crypto community in all the Interwebs
My name is Ben.
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In this video, we're going to take a look at some delicious altcoin summer gems.
If you want to get insider information via Token Metrics,
you can use the link on bitboycrypto.com/deals.
You'll get a sweet 7-day trial for less than $5.
Everyone thought this was going to be altcoin summer,
but the markets tanked due to many reasons.
Now, it looks like this is going to be more like a summer camp horror movie
than endless summer and wave after wave of gains.
I'm not giving financial advice, just financial best practices
when I say buy red, sell green.
Buying in the red is the smart play.
Don't FOMO into a stack of green candles.
Timing is an important skill that HODLers and traders need to practice.
But your timing is just as important as your projects' fundamentals.
That's why I'm excited about these projects today.
But not just me.
Token Metrics is also pumped about what their potential is.
So here we go.
First up is a backyard barbecue favorite.
PancakeSwap
Barbecue pancakes.
Sounds gross.
Token Metrics called for some bearish action for CAKE back in the middle of May.
Sure enough it's been consolidating ever since.
The healthy thing to notice with CAKE is that its consolidation level is extremely close
to its previous all-time high of $19 from back in February of this year.
PancakeSwap isn't just some wimpy crepe.
It's a hearty flapjack that'll keep your portfolio full.
The yield farming on PancakeSwap is one of the most used in the cryptoverse.
It has yields farming for just about everything that is on Binance Smart Chain.
The yields can be modest by crypto standards,
a measly 17% on BUSD-BNB swaps,
or you can go big with exotic swaps
like HTB-BNB that's a huge 500% APY.
Now, keep in mind that opens you up to a lot of risk in the form of impermanent loss.
Remember, no risk, no reward.
But I like to keep you informed of a possible gainer that has just as steep of a downside.
Do your research.
This is not financial advice, just financial information.
Anyways, not only does PancakeSwap allow for yield farming,
but it has a host of other special flavors
like trading competitions, NFTs and a new take on ICOs,
the Initial Farm Offering.
PancakeSwap puts you front and center of the newest tokens on the Binance Smart Chain.
If you do end up using PancakeSwap,
be sure to use their in-depth data and analytics to stay on top of the latest developments in CAKE
that may take hours to hit a blog or Twitter.
So with a well rounded ecosystem and a strong Binance Chain mainnet,
PancakeSwap should definitely be something you should have your eye on.
And maybe put whipped cream on top of.
Second is the chillest token yet--- Celsius.
Token Metrics has this is one of the highest ranked coins for the summer and for good reason.
Celsius is a channel favorite not only because it's governance token of Celsius.com,
but it has seen a steady increase in value since the end of 2020.
CEL has now seen over 200% growth since December of 2020.
And even today, it's sitting pretty at $6.50 as of the time of this video.
By all accounts, it's still within its rising wedge pattern and continues to make higher lows month to month.
What I really like about Celsius is that it's part of a very healthy ecosystem.
They've opted for the opposite of DeFi
giving users from all walks of life fantastic tool to get started in crypto.
But Celsius isn't just for normies.
It's a great platform for crypto traders and HODLers alike
to let their gains get a good sear.
Celsius offers earning, borrowing and payment solutions for crypto.
Staking the CEL token will give you a tasty 4.86% APY.
Celsius is headed up by crypto grillmaster and high ranking BitSquad member Alex Mashinsky.
And the rest of the team is of course top-notch as well.
They even offer corporate onboarding to make it easier for businesses to pay their employees with crypto.
Celsius is actively pursuing institutional clients
to help them get up to speed and integrated into crypto.
Now, depending on who you ask,
that can be seen as a good thing or a bad thing.
But Celsius is not just a Bitcoin buyer.
They are all about getting people the right exposure to the right coins.
They back up this commitment to accuracy by holding the most regulatory compliance
that we've seen from a non-exchange crypto business.
They hold licenses and permits from ISO,
the Companies House,
the state of Delaware,
the SEC and the FinCEN arm of the Federal Reserve.
These guys take their grilling seriously.
So even if you prefer your crypto a little more well done,
don't be turned off by the cool red center of Celsius.
Meaty.
What if somebody wants theirs well done?
We ask them politely yet firmly to leave.
Lastly, we have Amp,
which is a token that me and the researchers have had our eye on for a while.
It's a solid token with laser focus on one thing,
collateral smart contracts.
Amp likes to say it is the decentralizer of low risk asset transfers.
To sum that up,
they're cutting out the middleman, putting you closer to your money.
Amp is doing that by partnering with many of the DeFi heavy hitters
including Gemini, ConsenSys, Conflux,
and, oh, look,
Chainlink,
also Uniswap, SushiSwap and more.
They pick solid projects and integrate fast.
Amp is an ERC-20 token,
so it's in a great spot to be a key player in the DeFi space
that hasn't even seen its first big leg up yet.
That takes me to the crazy part about Amp---
its parabolic gains.
Amp had seen huge gains over the spring and summer
despite thousands of other coins along with Bitcoin getting crushed.
Amp has gone up by a mouthwatering 320% since April.
And even though it's breaking back on a correction, the downward slope is starting to bottom out.
As of recording this video, Amp is at a bargain price of 8¢,
which means you can fill a crypto grocery bag full of Amp
just by using your spare change in the mason jar sitting in your kitchen.
Keep in mind that in July, Ethereum goes to the London hardfork,
which is promising to greatly lower gas fees.
This price action along with the Ethereum ecosystem about to gain speed
means that Token Metrics is as amped as I am about Amp.
So light those burners.
Keep the gas on and close the lid on your grill.
Keep the fires hot because this is the moment to scoop up some great coins
before they're too hot to handle.
Kind of like me.
Go ahead and smash that like button and hit subscribe if you haven't already.
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Comment below with your price predictions for Amp, Celsius and PancakeSwap for this summer.
Let us know your experiences with any of these platforms as well.
Let us know what other coins are on your radar.
That's all I got.
Be blessed.
BitBoy out.
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