Latest / The Paul Barron Crypto Show / $SBET🚨Ethereum Epic Short Squeeze Incoming!?🔥

Transcript

$SBET🚨Ethereum Epic Short Squeeze Incoming!?🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Etha's on the move, and today we're going to be
• 0:07
  Speaker 1: breaking down why it may be moving even more. My
• 0:09
  Speaker 1: name is Paul Beemer. Welcome back in a tech path.
• 0:11
  Speaker 1: Let's get going. I do want to think our sponsor
• 0:13
  Speaker 1: today and that is Coinbase, a place where you guys
• 0:15
  Speaker 1: can get into ethereum. And maybe you haven't made your
• 0:18
  Speaker 1: first trade, well, first thing you can do go sign
• 0:21
  Speaker 1: up at Coinbase use our link down below. It's going
• 0:24
  Speaker 1: to give you up to two hundred bucks in crypto
• 0:26
  Speaker 1: to get started. Be ready to get into the crypto markets.
• 0:28
  Speaker 1: Let's get into a couple of points that I want
• 0:30
  Speaker 1: to focus on. One of them is this video that
• 0:33
  Speaker 1: we did just yesterday. We broke this out as Ethereum
• 0:37
  Speaker 1: is the biggest bet and the reason is because of
• 0:39
  Speaker 1: a company called s Bet, and we gave you a
• 0:41
  Speaker 1: full rundown on why that was. And I think what
• 0:45
  Speaker 1: we're seeing now obviously with Ethereum starting to run overnight,
• 0:48
  Speaker 1: it has pretty much put us back in the saddle.
• 0:51
  Speaker 1: With Etheroreum trading now over twenty seven hundred, maybe it
• 0:55
  Speaker 1: is at at a scenario where we do see a
• 0:58
  Speaker 1: breakout on ethereum right now now, and there are some reasons.
• 1:01
  Speaker 1: Why let me go to this first clip because this
• 1:03
  Speaker 1: will get into who got out of ethereum at the
• 1:06
  Speaker 1: wrong time.
• 1:07
  Speaker 2: Take a look so.
• 1:09
  Speaker 1: Him once twenty five dollars yep, I put my ten
• 1:11
  Speaker 1: million dollars that was in tether yep, all on tethereum.
• 1:15
  Speaker 3: Does it have anything to do with the fact that
• 1:16
  Speaker 3: you're chasing this whole ethereum all time?
• 1:19
  Speaker 2: Yes, yeah, that's bad.
• 1:20
  Speaker 1: I think he's gonna hit five K No, Shanny, Look
• 1:23
  Speaker 1: at I'm done.
• 1:24
  Speaker 2: Look at BTC. I'm done.
• 1:26
  Speaker 3: I'm done.
• 1:26
  Speaker 2: I'm done. We're in the wrong coin.
• 1:27
  Speaker 3: I'm done.
• 1:28
  Speaker 2: I'm done.
• 1:28
  Speaker 3: Look at it.
• 1:28
  Speaker 2: Look at this ship? So mad you I pulled out
• 1:31
  Speaker 2: my Eth? Look at it? So much did you have
• 1:36
  Speaker 2: with the Eth? Don't worry about it up all right?
• 1:39
  Speaker 1: So this is one of the reasons why we may
• 1:42
  Speaker 1: see this as the most hated rally because remember, Eth
• 1:45
  Speaker 1: has been very slow to move over quite some time. Bitcoin,
• 1:49
  Speaker 1: on the other hand, has been an absolute star, and
• 1:52
  Speaker 1: is its time up. Are we maybe seeing a near
• 1:55
  Speaker 1: top on Bitcoin? Maybe a one twenty, could we see
• 1:58
  Speaker 1: one fifty? But if that were to happen, is Eth
• 2:00
  Speaker 1: getting ready to break out along with small coins? Well,
• 2:03
  Speaker 1: Tim Warren, who's on the channel, often gets into that
• 2:05
  Speaker 1: very topic and he's talking about bitcoin dominance, and I'm
• 2:08
  Speaker 1: in agreement here is Once that we start to see
• 2:10
  Speaker 1: bitcoin dominance adjust down at the level that we could go,
• 2:15
  Speaker 1: that does mean all coin season and most likely Ethereum
• 2:18
  Speaker 1: will be the one taking us out. All right, this
• 2:20
  Speaker 1: story broke last week, as you guys remember JP Morgan
• 2:23
  Speaker 1: kind of poopooing eth.
• 2:25
  Speaker 2: They did that last week.
• 2:27
  Speaker 1: This of course not the week for them if they
• 2:29
  Speaker 1: were out of eth at the time. That I think
• 2:32
  Speaker 1: is the issue that a lot of the market is
• 2:33
  Speaker 1: really dealing with, and this next clip will break down
• 2:36
  Speaker 1: how the traditional markets are treating Ethereum.
• 2:39
  Speaker 2: Take a look.
• 2:40
  Speaker 3: When Struggle was set to begin trading last Thursday, there
• 2:42
  Speaker 3: were whispers that to deal with something like twenty times
• 2:45
  Speaker 3: over subscribe.
• 2:45
  Speaker 2: I mean, honestly, you.
• 2:46
  Speaker 3: Always hear that for hot deals, and you know you
• 2:49
  Speaker 3: can never really take it too seriously. It just tends
• 2:52
  Speaker 3: out to not be the case. Well, man, it might
• 2:54
  Speaker 3: have been true this time because crco opened for trading
• 2:58
  Speaker 3: at sixty nine.
• 2:59
  Speaker 2: Dollars on Thursday. That is a well over one hundred
• 3:02
  Speaker 2: percent from the deal.
• 3:03
  Speaker 3: Price, raising one point zero five billion dollars in gross proceeds,
• 3:07
  Speaker 3: then tacked on another twenty four dollars on Friday forget
• 3:10
  Speaker 3: you know the seven dollars and change today closing at
• 3:11
  Speaker 3: one point fifteen. Did these bankers misprice it?
• 3:16
  Speaker 2: Yeah? And I think that's the point you have to
• 3:18
  Speaker 2: look at.
• 3:18
  Speaker 1: There are so many influenced factors moving into the market
• 3:22
  Speaker 1: right now that I think the traditional finance is really
• 3:24
  Speaker 1: struggling with understanding how this market is shifting. One point
• 3:29
  Speaker 1: that of course we are all are looking toward, and
• 3:32
  Speaker 1: that is stable coins.
• 3:33
  Speaker 2: Now.
• 3:33
  Speaker 1: Korea of course has allounce their announce their plan to
• 3:36
  Speaker 1: move into stable coins, and I think this is just
• 3:39
  Speaker 1: the beginning.
• 3:40
  Speaker 2: Guys.
• 3:40
  Speaker 1: We're going to see this more and more as we
• 3:41
  Speaker 1: see regulation, and of course that is on the cusp
• 3:44
  Speaker 1: of happening. And also you've got to look at this,
• 3:47
  Speaker 1: and that's sixty percent of the Fortune five hundred companies
• 3:49
  Speaker 1: are now working on blockchain projects. This came in from
• 3:52
  Speaker 1: a coinbas report. This is something that I've been talking
• 3:54
  Speaker 1: about for quite some time, is that it will be
• 3:57
  Speaker 1: a revelation when we start seeing S and P five
• 4:00
  Speaker 1: hundred companies devoting real money and real investment into this category.
• 4:05
  Speaker 1: And I think for the first time we've seen a
• 4:07
  Speaker 1: release one of the big wall of regulation that has
• 4:11
  Speaker 1: been revealed and released from the markets. And now we're
• 4:14
  Speaker 1: on the verge of getting a stable cooin bill, which
• 4:17
  Speaker 1: really I think will change a lot of this.
• 4:18
  Speaker 2: Now.
• 4:19
  Speaker 1: Remember Starplink Gaming was the company that we analyzed a
• 4:23
  Speaker 1: few weeks back and said, watch this, it could be
• 4:26
  Speaker 1: the strategy micro strategy of Ethereum. And when we looked
• 4:31
  Speaker 1: at their website the last time, it looked nothing like this.
• 4:35
  Speaker 1: In fact, it was really geared more toward gaming instead.
• 4:39
  Speaker 1: With Joe Lubin now kind of pretty much leading the
• 4:42
  Speaker 1: way it is now saying one of the first NASDAQ
• 4:45
  Speaker 1: listed companies to develop a treasury strategy centered on eas
• 4:49
  Speaker 1: so they are going after exactly what happened with the
• 4:53
  Speaker 1: micro strategy move. All right, So I want to go
• 4:55
  Speaker 1: to this chart right here, This, of course is Sharplink Gaming.
• 4:58
  Speaker 1: You saw it coming off around ten bucks. It's over
• 5:00
  Speaker 1: one hundred dollars, so nice ten x. But the point
• 5:02
  Speaker 1: is shorts came in started moving into the stock, and this,
• 5:05
  Speaker 1: of course is what has been happening. But have we
• 5:08
  Speaker 1: entered maybe a bottom that's what we're looking at right
• 5:11
  Speaker 1: now as we start to see this, this is the
• 5:12
  Speaker 1: four hour chart. Right here, you conceiver hovering around that
• 5:15
  Speaker 1: thirty dollars mark. Is this the point, guys where we
• 5:18
  Speaker 1: start to see this And if you look at the
• 5:19
  Speaker 1: shorts on this, let's just look at that largest amount
• 5:22
  Speaker 1: ever and it's defending right now. So this could make
• 5:27
  Speaker 1: for a very interesting time on Ethereum coming up. The
• 5:30
  Speaker 1: first time we did a video on Sharplink, they were
• 5:34
  Speaker 1: really focused on the betting market and a lot of
• 5:37
  Speaker 1: the companies that were centered around them. Now this may
• 5:40
  Speaker 1: be deviated for a very strategic reason. I'll explain that
• 5:43
  Speaker 1: in a second, but if you look at this right
• 5:44
  Speaker 1: here Sharplink, this was kind of showcasing what they were doing.
• 5:48
  Speaker 1: They were licensed and or authorised to operate in twenty
• 5:51
  Speaker 1: one states, and much of this was directed at affiliate
• 5:54
  Speaker 1: marketing partnerships on every major sportsbook out there, including DraftKings
• 5:59
  Speaker 1: and fanduels of the biggest ones. So this is one
• 6:01
  Speaker 1: of the reasons that I thought, well, maybe Ethereum is
• 6:04
  Speaker 1: starting to move into this sector because of.
• 6:07
  Speaker 2: What's going on in the tax bill. Take a look
• 6:09
  Speaker 2: at this, like.
• 6:10
  Speaker 4: There's been waiting and watching to see what's going to happen,
• 6:13
  Speaker 4: because the state taxes really matter. The new tax puts
• 6:17
  Speaker 4: a twenty five cent charge on each of the first
• 6:20
  Speaker 4: twenty million wagers a sportsbook accepts, and then after that
• 6:24
  Speaker 4: it jumps to fifty cents a wager, but only FanDuel
• 6:26
  Speaker 4: when DraftKings reach that level. That new transaction fee translates
• 6:31
  Speaker 4: to seventy nine million dollars for draft Kings or eighty
• 6:34
  Speaker 4: six million dollars for fandle. And that is on top
• 6:37
  Speaker 4: of an onerous progressive tax passed last year which leaves
• 6:41
  Speaker 4: the most successful sports books paying forty percent taxes up
• 6:45
  Speaker 4: from fifteen percent. We're going to just pass along the
• 6:48
  Speaker 4: cost to our consumers, and oh my gosh, there was
• 6:51
  Speaker 4: such massive backlash, so they reverse course. This fee is
• 6:56
  Speaker 4: going to motivate gamblers to head to unregulated operators.
• 7:00
  Speaker 1: It is kind of on the course right now for
• 7:04
  Speaker 1: these two businesses to become less and less relevant, at
• 7:07
  Speaker 1: least in the United States. And remember a lot of
• 7:09
  Speaker 1: the successful crypto projects were a little bit illegal.
• 7:12
  Speaker 2: You remember polymarket, etc.
• 7:14
  Speaker 1: But if you look at this statement right here, if
• 7:16
  Speaker 1: nobody thinks the products is a little legal it's probably
• 7:18
  Speaker 1: not that interesting. I think FanDuel and Draft Kings are
• 7:21
  Speaker 1: probably on their way to try to go outside the
• 7:24
  Speaker 1: United States. They will have to, mainly because their business
• 7:27
  Speaker 1: has pretty much been destroyed if this tax bill goes
• 7:29
  Speaker 1: through the way it's going, And that may be the
• 7:31
  Speaker 1: reason that we're starting to see this move with s bet.
• 7:35
  Speaker 1: Now FanDuel is launching a crypto casino sportsbook, and of
• 7:38
  Speaker 1: course this is going to be the strategy. I think
• 7:40
  Speaker 1: that a lot of companies that are in this space
• 7:42
  Speaker 1: are going to have to be pushed to And if
• 7:44
  Speaker 1: you look at just some of the moves that we've
• 7:46
  Speaker 1: already seen with DraftKings all entering into strategic blockchain agreements
• 7:51
  Speaker 1: and they're all starting to take a look at now
• 7:53
  Speaker 1: the crypto market has.
• 7:54
  Speaker 2: Been maybe being their bastion.
• 7:56
  Speaker 1: Now, one thing I want to show you guys right here,
• 7:58
  Speaker 1: if you guys remember Polymarket, Look at the growth that
• 8:01
  Speaker 1: polymarket has seen just in this last six months. This
• 8:04
  Speaker 1: is the kind of growth that potentially is there for
• 8:07
  Speaker 1: the taking for some of these companies. But it will
• 8:09
  Speaker 1: mean they're going to be going outside the US, and
• 8:11
  Speaker 1: that is a problem I think for what we're going
• 8:14
  Speaker 1: to see. And the interesting point around this when you
• 8:16
  Speaker 1: look at the size of bets around most of this
• 8:19
  Speaker 1: within polymarket, it's in the lower bet areas, so it's
• 8:23
  Speaker 1: not necessarily a place for the whales. This is more
• 8:25
  Speaker 1: transaction generated, which means people are willing to pay the
• 8:29
  Speaker 1: ethereum fees. All of this plays well, I think into
• 8:33
  Speaker 1: the overall strategy where this is going in the market. Now,
• 8:37
  Speaker 1: you got to take a look at a couple other
• 8:38
  Speaker 1: things that are happening around.
• 8:40
  Speaker 2: Eth and bitcoin.
• 8:41
  Speaker 1: Now many people would say that companies are starting to
• 8:44
  Speaker 1: maybe go the strategy route micro strategy, and that is
• 8:48
  Speaker 1: put more bitcoin on your balance sheet. In fact, Michael
• 8:50
  Speaker 1: Saylor pushing on out there to say Apple, whose stock
• 8:54
  Speaker 1: is plummeted mainly because of what we saw at the
• 8:57
  Speaker 1: Worldwide Developers Conference, and also what we've seen with the
• 9:00
  Speaker 1: performance of their AI, their Vision pro and many of
• 9:04
  Speaker 1: their other products. The point being is that Apple needs
• 9:07
  Speaker 1: a little bit of a lifesaver. Is bitcoin that or
• 9:09
  Speaker 1: is it something else? Maybe could it be ethereum? That
• 9:13
  Speaker 1: is the strategy for them, because remember, it won't be
• 9:16
  Speaker 1: long I think before we see major mag seven's starting
• 9:19
  Speaker 1: to put crypto and digital assets on their balance sheets,
• 9:22
  Speaker 1: and I think Ethereum could be the one that everybody chooses. Now,
• 9:25
  Speaker 1: I want to go to this next clip that will
• 9:27
  Speaker 1: break down what Apple is going through right now and
• 9:30
  Speaker 1: why this might be a good move.
• 9:32
  Speaker 2: Take a look. It's also a huge year for developers.
• 9:39
  Speaker 4: You can mix a woman emoji with a microphone and
• 9:42
  Speaker 4: add a sequence jacket.
• 9:44
  Speaker 1: What a big day of announcements for users and developers.
• 9:47
  Speaker 4: Apple closing down by more than one percent yesterday after
• 9:51
  Speaker 4: the Street was disappointed by some of the announcements. Expectations
• 9:54
  Speaker 4: were already low going into yesterday.
• 9:56
  Speaker 2: Analysts have been reacting this morning. It's not pretty.
• 9:59
  Speaker 1: Apple doesn't necessarily care what the analyst community thinks about it.
• 10:02
  Speaker 1: Would they care what developers think about whether it's Microsoft,
• 10:05
  Speaker 1: whether it's Google.
• 10:06
  Speaker 2: It's a game of thrones battle for developers. So I
• 10:09
  Speaker 2: think that is something where clock's ticking. Biggest news had
• 10:13
  Speaker 2: nothing to do with AI. A new design scheme. They're
• 10:16
  Speaker 2: calling it liquid glass.
• 10:17
  Speaker 1: Their liquid glass look, which is basically a much man.
• 10:22
  Speaker 1: I think Jobs would turn over in his grave.
• 10:24
  Speaker 2: If he saw this today.
• 10:25
  Speaker 1: That's the before and after, before on the left, after
• 10:28
  Speaker 1: on the right. There if you're looking at the screen,
• 10:30
  Speaker 1: and the point being is that this new look is
• 10:33
  Speaker 1: only showing that's the best that Apple has to release.
• 10:37
  Speaker 1: This is a problem I think that we'll continue to
• 10:39
  Speaker 1: see with Apple not being able to find their way
• 10:41
  Speaker 1: both in AI, what we've seen with VR, and most
• 10:45
  Speaker 1: likely on releasing new products. So this is an issue
• 10:48
  Speaker 1: that will continue to be a problem, and it is
• 10:50
  Speaker 1: one that I think will push Apple and other companies
• 10:54
  Speaker 1: to start looking at alternatives. Now, whether they go the
• 10:57
  Speaker 1: rout of digital assets or that out is still up
• 11:01
  Speaker 1: in the air. Many people would say this right here,
• 11:03
  Speaker 1: there's Avery talking about Apple fanboys starting to act a
• 11:05
  Speaker 1: little bit like eth Maxi's. And remember you got to
• 11:08
  Speaker 1: remember that developers, like the analyst was talking about, that
• 11:12
  Speaker 1: is kind of the paramount issue with Apple. They've got
• 11:15
  Speaker 1: to be able to retain developers. If they do not,
• 11:17
  Speaker 1: it is a big problem. Now when you think developers,
• 11:19
  Speaker 1: you got to look at the history of what's going
• 11:22
  Speaker 1: on with Ethereum, look at the size and spread on
• 11:25
  Speaker 1: ETH in terms of its nearest competitor, and that is
• 11:28
  Speaker 1: being Solana.
• 11:30
  Speaker 2: Eth is winning the developer narrative.
• 11:32
  Speaker 1: Furthermore, if you look at the commitching kind of seat,
• 11:34
  Speaker 1: I mean eth is just absolutely on fire in comparison
• 11:38
  Speaker 1: to all the other networks.
• 11:39
  Speaker 2: So the opportunity is real here.
• 11:42
  Speaker 1: It's real in the sense that maybe eth is finally
• 11:45
  Speaker 1: going to come off the floor in terms of just
• 11:47
  Speaker 1: an asset. If you compare this to what happened with
• 11:50
  Speaker 1: Bitcoin and micro Strategy all the way back into twenty twenty,
• 11:54
  Speaker 1: let me show you a chart. This green line was
• 11:57
  Speaker 1: essentially the period of time in which we started seeing
• 12:00
  Speaker 1: the money printer occur, and that occurred in March of
• 12:03
  Speaker 1: twenty twenty. Right behind that, in August of twenty twenty,
• 12:08
  Speaker 1: micro Strategy comes in and announces they're going to start
• 12:11
  Speaker 1: going into bitcoin.
• 12:13
  Speaker 2: Perfect timing.
• 12:13
  Speaker 1: Really, if you think about that, look at the run
• 12:15
  Speaker 1: up we've seen here on bitcoin. Now, what we're seeing
• 12:19
  Speaker 1: with micro Strategy is a continued move up to where
• 12:23
  Speaker 1: we are right now, and obviously the growth that we've
• 12:25
  Speaker 1: continued to see with micro Strategy on their overall stock performance,
• 12:29
  Speaker 1: that's the difference that investing into a digital asset made
• 12:34
  Speaker 1: for them. This company was really not necessarily a company
• 12:38
  Speaker 1: you would invest in. They were continued to see losses
• 12:41
  Speaker 1: in their quarterly earnings, and all of a sudden they
• 12:43
  Speaker 1: shifted a strategy and boom, we started to see a move.
• 12:47
  Speaker 1: Does that sound familiar maybe something like what Aspet is doing?
• 12:50
  Speaker 1: Are they the one that could be going If you
• 12:52
  Speaker 1: look at the micro strategy market capitalization right now, one
• 12:55
  Speaker 1: hundred and nine billion, This is just right now as
• 12:59
  Speaker 1: of June tenth. In comparison, if you take a look
• 13:01
  Speaker 1: at sharp blank gaming right here, one point nine billion
• 13:04
  Speaker 1: even now. And that's remember that this is after the
• 13:07
  Speaker 1: growth spike that we saw it hit when they announced
• 13:10
  Speaker 1: that they were going into treasuries for eight So this
• 13:13
  Speaker 1: is all pointing in the right direction going forward. So
• 13:16
  Speaker 1: watch out for this one, guys.
• 13:17
  Speaker 2: This could be it. Let me go to this point
• 13:19
  Speaker 2: right here.
• 13:20
  Speaker 1: This, of course is John Thune, who has filed the
• 13:22
  Speaker 1: cloture on both bipartisan Amendment for the Genius Act and
• 13:25
  Speaker 1: the full bill. Simply means that we are going to
• 13:28
  Speaker 1: need first of all, we need sixty votes and it's
• 13:31
  Speaker 1: going to move to the final bill. And all of
• 13:32
  Speaker 1: that is happening this week.
• 13:34
  Speaker 2: Guys. Today is Tuesday.
• 13:35
  Speaker 1: Look for this to occur this week on the stable
• 13:39
  Speaker 1: coin bill, So get ready market could see some big
• 13:42
  Speaker 1: impact from that. Now, other things that are happening as Coinbase.
• 13:45
  Speaker 1: Coinbase has got a little bit of a move. They're
• 13:48
  Speaker 1: going to be shipping a sixth tab on their beta
• 13:51
  Speaker 1: this week in the Coinbase wallet. Now, the question is
• 13:54
  Speaker 1: is what would they put on that sixth tab? Could
• 13:57
  Speaker 1: it be AI? Could we see some sort of integration
• 14:00
  Speaker 1: with an AI agent? All of that is kind of
• 14:02
  Speaker 1: what we're looking at. And if you look at one
• 14:04
  Speaker 1: of the companies and one of the projects that we've
• 14:06
  Speaker 1: talked about before and had on the show is Bite AI. Now,
• 14:10
  Speaker 1: remember Bite has been after the idea of agentic ordering
• 14:14
  Speaker 1: for food. And here's all their partners now, or I
• 14:17
  Speaker 1: shouldn't say partners share the companies they're interfaced with through
• 14:20
  Speaker 1: APIs that they've connected with about thirty brands, A lot
• 14:23
  Speaker 1: of these you'll recognize as I kind of scan down there.
• 14:26
  Speaker 1: Point being is could they partner with coinbase wallet on
• 14:30
  Speaker 1: the beta this week? As they're stating right here, gat
• 14:33
  Speaker 1: First of all, restaurant industry is massive. We're talking about
• 14:36
  Speaker 1: over a trillion dollars a year in gross volume, and
• 14:39
  Speaker 1: that's just in the United States. It's like almost six
• 14:41
  Speaker 1: trillion worldwide. So the opportunity is real here. Now, could
• 14:44
  Speaker 1: we see some of those brands maybe go the route
• 14:47
  Speaker 1: of ethereum. If you look at McDonald's, they of course
• 14:49
  Speaker 1: partnered and did a doodles deal. You look at other
• 14:52
  Speaker 1: brands like Chipotle and ones like that, along with emerging
• 14:56
  Speaker 1: brands who have all kind of dabbled in crypto. All
• 14:59
  Speaker 1: of that has not in the same already taken hold
• 15:01
  Speaker 1: just yet. But is this the gateway going forward?
• 15:03
  Speaker 2: Now?
• 15:03
  Speaker 1: Could they get a certain percentage of that that could
• 15:06
  Speaker 1: create a domino effect. Sure, if there's an effective way
• 15:09
  Speaker 1: to get real food ordering to thousands of people, and
• 15:13
  Speaker 1: we see both coinbase and also many of the brands
• 15:16
  Speaker 1: taking note, Yes, that could create a domino effect going forward.
• 15:20
  Speaker 1: That's kind of what we're looking at of where this
• 15:22
  Speaker 1: might go. All right, So one thing to take note
• 15:25
  Speaker 1: on is this right here, this course is the VIRTUALS protocol.
• 15:27
  Speaker 2: This is IRIS. This will be the first true.
• 15:30
  Speaker 1: Native l one agent to launch within the ecosystem.
• 15:35
  Speaker 2: And of course that.
• 15:36
  Speaker 1: Means we could see some movement. Of course, obviously because
• 15:39
  Speaker 1: of that it's launching in seventeen hours.
• 15:41
  Speaker 2: Be on the lookout.
• 15:42
  Speaker 1: Of course, this right here was the ethererem orgue actually
• 15:45
  Speaker 1: stating get ready ethereums for AI. So that is talking
• 15:49
  Speaker 1: about iris right there, So interesting times right now, guys,
• 15:52
  Speaker 1: this is kind of a comparison. Could this be the
• 15:55
  Speaker 1: token that is the chosen one in terms of AI
• 15:58
  Speaker 1: agents within the eth eCos system?
• 16:00
  Speaker 2: What do you guys think?
• 16:01
  Speaker 1: Let me know in the comments down below if you
• 16:03
  Speaker 1: think that is the route to take. So all these
• 16:06
  Speaker 1: tokens that we just mentioned and are getting around have
• 16:09
  Speaker 1: to be traded somewhere. The likelihood is going to be
• 16:11
  Speaker 1: on a DeFi platform. That could be something like hyper liquid,
• 16:15
  Speaker 1: which has perpetuals. But really what we're looking at is uniswap,
• 16:19
  Speaker 1: and the reason is is they have yet to launch
• 16:21
  Speaker 1: purpose and the opportunity for them is huge if in
• 16:24
  Speaker 1: fact we start to see that in the movement for
• 16:27
  Speaker 1: UNI swap, and already we're starting to see a little
• 16:29
  Speaker 1: bit of activity, and I think it's just heating up
• 16:31
  Speaker 1: because eth is heating up itself, and of course UNI
• 16:35
  Speaker 1: swap being one of the go to points for the
• 16:38
  Speaker 1: opportunity here. If you take a look at DeFi Loama,
• 16:40
  Speaker 1: you can kind of see the growth right here of
• 16:42
  Speaker 1: both hyper liquid and unit chain and both of these
• 16:46
  Speaker 1: guys ethereum and this of course could be the.
• 16:49
  Speaker 2: Home base for a lot of these kinds of assets,
• 16:51
  Speaker 2: so be on the lookout.
• 16:52
  Speaker 1: Maybe this is the beginning of something very big. If
• 16:55
  Speaker 1: you're not part of the Diamond Circle, get in on that.
• 16:57
  Speaker 1: It's a great place to get additional content from us,
• 16:59
  Speaker 1: and make sure and follow me out there on X
• 17:02
  Speaker 1: at Paul Baron. We'll catch you next time right here
• 17:04
  Speaker 1: on tech Bath than
• 17:12
  Speaker 3: Hm