Some of you out there will say my content has gotten worse….some of you will say it’s
gotten better…but one thing that hasn’t changed about our content….we are likely
the first to talk about it.
We spot the trends before they are trends…we spot the narratives before they are narratives.
This is great for the viewers of the tube, but not necessarily great for our views…luckily,
I’d rather have a small group of loyal followers…than a herd of trend following suckers.
So let me hear the loyal followers roar HOORAH, we’re gonna be early…because it’s time
for Chico Crypto!!
For this video I’m going to break out of my own crypto shell a bit…in the past I’ve
only covered tokens which I truly believe in…I’ve stayed away from certain trends
because I didn’t believe in those trends…like memecoins…I’ve never been a fan and never
covered them….but I see a money maker…and I’m not going to miss this boat.
So where doI begin??….Well there is a massive TREND hitting the markets right now…a new
token standard that is creating massive hype and trading volume numbers!!
Is it tokens on Bitcoin??
Well actually no…it’s a new token standard on Ethereum called erc404…
What is erc404!??
Well erc404 is a mix between: ERC20 aka fungible tokens…and non funbilge tokens aka erc721
and erc1155…Aka it’s mixing together……the tokens we buy on dex’s and the nfts we buy
on markets like Open SEA…
What does this mean??
This combination of tokens and NFTs allows Number 1: easy fractionalization of NFTS,
number 2: deep liquidity of these NFTS by them being tradeable as tokens on DEXs.
This combination allows some major potential for game theory, essentially ERC404 is both
an NFT and a token!!
So are erc404 projects hyped?
Well switching over to Coingecko as of yesterday…it’s obvious they are taking off.
Looking at largest gainers over 24 hours on the website…2 erc404 projects are the top
gainers…that is DeFrogs and Pandora…
Now you can more clearly see the hype of this new token tech by checking out Pandora’s
price action over the past few days.
As we can see, February 5th, Pandora got added to Coingecko and one token was just $1500
bucks….by yesterday February 8th, Pandora surged to a peak of over 26 thousand dollars…a
16x in just 3 days…
Checking out the stats of Pandora we can see, it has corrected a bit, down to just over
21 thousand, 800 bucks…but as we can see, for a newly launched project…it is already
rank #219 on Coingecko, with a 235 million dollar market cap!!!
Pandora is what many people consider to be the pioneering erc404…that is why it has
been surging like a mother freaker….
Would I recommend getting Pandora??
It depends on your own personal situation….it’s already ran like crazy…there are other opportunities
in the erc404 space…of which a person could make more money…
Like with DeFrogs…yes they are up massively, a top 24 hour gainer like Pandora…but not
as much!!
Checking out the price chart on Coingecko, since they’ve hit the token tracking website…they
have only 3x’d….going from about 1000 dollars to a peak of 3500….just a 3.5x…
Checking out the DeFrogs stats as of yesterday…they had settled down to about 2500, their rank
is much lower than Pandora’s, #824 with a market cap of only just above 26 million!!
Aka…the second “erc404” has much more room to grow…so yes…I did pick up some
DeFrogs!!
What is my thesis??
Well remember my frens…the new token standard on Bitcoin??
Brc20???
Well ORDI was the first one…the OG, and has surged all the way into the top 100 on
Coingecko…actually rank #60…with over a 1.3 billion dollar marketcap….Pandora
can be considered the ORDI of erc404s…but look who is also in the top 100 on Coingecko…another
brc20….SATS, it was the second most hyped token during the early stages of brc20s…aka
DeFrogs can be considered the SATS of erc404s!!!
Eventually I see DeFrogs moving up in the market cap rankings….coming closer and closer
to Pandora as time goes by….just like what happened with Ordi and Sats…remember what
I say on this channel all the time?
The more things change….the more they stay the same…
Although….you gotta get a bit DEGEN if you want those massive gains!!
Finding undervalued…underrated erc404s with low market caps.
And we are going to do just that in a second…But first it’s time for a sponsored segment
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Now back to the low cap erc404 projects that could be making some BIG waves soon!!
Well the first one we have to talk about…is actually the creator of this new token standard.
Everyone thinks it’s Pandora….but it’s actually Ethereans OS!!
The Etherean OS twitter actually proved this just a couple days ago.
They tweeted “Transfer of ERC-20 and ERC-1155 tokens in this transaction.Plot Twist, they
are the same token.
Bigger Plot Twist: This tx was done in October 2021…including the etherscan transaction
as proof.
Yes my friends, Etherean OS team came up with this technology years ago…they are the pioneers
of which the other are building off of…luckily I did cover them in the last bull run, I was
a fan of what they were building and now that the 404 hype is here…Etherean OS is making
some big moves as seen from the price chart!!
I still hodl my OS…I’m sure many of you who watched me last bull run do too.
This team is smart, they are builders who have had their heads down and it’s a token
I’m going to KEEP hodling…
But what about a brand new token??
Well I told you guys I was going to BREAK away from what I traditionally do….like
I never cover memecoins…well I’m going to cover a memecoin…that is the erc404 token
NPC.
From their website they say “It's time for NFTs to have their Dogecoin moment.
Say goodbye to exclusive 10k supply "yacht clubs."
Made for all 8+ billion of us, Non-Playable Coin is a profile picture for the people.
Non-Playable Coin is a unique memecoin NFT hybrid we like to call a Meme-Fungible Token
(MFT).
This token could attract memecoin investors and it could attract erc404 investors…it’s
probably one I won’t HODL for the long term…but I’m going to put a tiny bit of money in
it and see where it goes…as it’s the lowest CAP erc404 that I covered today…it’s rank
#1223 on Coingecko and it’s cap is just over 10 million.
Now my friends…there is going to be a ton of erc404s that pop up over the next couple
of weeks.
There will be good money to be made if you are early…but beware of scams, beware of
rugpulls…because where the money goes, so do the scammers.
Keep your eyes and ears open…be safe.
Cheers I’ll see you next time!