Latest / The Paul Barron Crypto Show / Uniswap + Jupiter Exploding First?🚀Record DEX Volume in January Possible️‍🔥

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Uniswap + Jupiter Exploding First?🚀Record DEX Volume in January Possible️‍🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Let's get into it. I do want to thank our sponsor,
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  Speaker 1: your own journey for self custody. All right, let's get
• 0:49
  Speaker 1: into it today. I want to kind of go on
• 0:51
  Speaker 1: the market of ethereum with eth and if you look
• 0:56
  Speaker 1: at where bitcoin has been going over the last little bit.
• 0:59
  Speaker 1: We just talked about this early on another show, but
• 1:02
  Speaker 1: Bitcoin has continued to evacuate some over this last week
• 1:05
  Speaker 1: in terms of just total net outflow. But if you
• 1:08
  Speaker 1: look at eth, could we be seeing another cycle that's
• 1:11
  Speaker 1: that mid chart right there in the green. Could we
• 1:14
  Speaker 1: see another cycle starting to develop here on eight as
• 1:18
  Speaker 1: we near early twenty twenty five. I think this is
• 1:21
  Speaker 1: the one to watch right now. With that being the case,
• 1:24
  Speaker 1: there's going to be some of these things that start
• 1:26
  Speaker 1: to affect these decentralized exchanges, and I think that's the
• 1:29
  Speaker 1: key that you have to watch. Here's Ay Adams of
• 1:32
  Speaker 1: unicewap right here today, volume higher than the NYSEC and
• 1:35
  Speaker 1: NASDAK combined. I hope everyone is having a wonderful holiday.
• 1:38
  Speaker 1: Reason for that, guess what, guys, Traditional trading closed on holidays.
• 1:43
  Speaker 1: DEXes not closed. I want to jump over to defile
• 1:47
  Speaker 1: Lama because this is experiencing what was the biggest trading
• 1:50
  Speaker 1: day in crypto's history. All of that happened on DEXes.
• 1:55
  Speaker 1: And if you just look at the growth right here,
• 1:56
  Speaker 1: I'll zoom in on this just over the last six
• 1:59
  Speaker 1: to twelve months. This is the kind of growth that
• 2:01
  Speaker 1: we're starting to see on decentralized exchanges. You take a
• 2:05
  Speaker 1: look at some of the activity, of course, right there
• 2:07
  Speaker 1: in terms of profits and earnings, You've got Tether leading.
• 2:10
  Speaker 2: The pack there.
• 2:11
  Speaker 1: But guess who is right there at number five unie
• 2:13
  Speaker 1: swamp right there, twenty four hour fees over three million.
• 2:17
  Speaker 1: You've got e ands in there also, pancake swap, et cetera.
• 2:20
  Speaker 1: The point being is is that we're continuing to see
• 2:22
  Speaker 1: a lot of growth in these decentralized exchanges. If you
• 2:26
  Speaker 1: look at just what unicewap is doing, you've probably been
• 2:30
  Speaker 1: hearing about this quite a bit. We've talked about it
• 2:31
  Speaker 1: a couple of times.
• 2:33
  Speaker 2: Is the unit chain.
• 2:33
  Speaker 1: A couple of the dates to watch is Monday, January sixth.
• 2:36
  Speaker 1: This is where the unit chain Sipolia will undergo a
• 2:40
  Speaker 1: schedule upgrade and enable all of these fault proofs to occur.
• 2:43
  Speaker 1: So again, this is the technology that's going to start
• 2:45
  Speaker 1: rolling out that really start to shift the narrative for unicewap.
• 2:49
  Speaker 1: Look if you look at what's happening on Aerodrome now,
• 2:52
  Speaker 1: this would be kind of the unicewap of Base. This
• 2:55
  Speaker 1: is a good example, and this is comparison of where
• 2:58
  Speaker 1: Aerodrome is going and where unicewap is though uni swap
• 3:02
  Speaker 1: is growing here since October, Base and aerodrome has been
• 3:06
  Speaker 1: growing much more. The reason behind this again is because
• 3:09
  Speaker 1: unit swap has not rolled all their multi chain and
• 3:12
  Speaker 1: a couple of things I want to hit on right here.
• 3:14
  Speaker 1: Many deckses that are effectively uniswap forks were successful just
• 3:19
  Speaker 1: by basically being early, and they're exactly right. Pancake swap,
• 3:24
  Speaker 1: BMB Arbitrum on Camelot, quick swap, Polygon, aerodrome on Base.
• 3:28
  Speaker 2: So I want to jump to a clip and this
• 3:29
  Speaker 2: is going.
• 3:29
  Speaker 1: To give you some narrative on why the aerodrome may
• 3:31
  Speaker 1: not necessarily hold its pole position very long.
• 3:34
  Speaker 2: Take a look for.
• 3:35
  Speaker 3: Base in particular, how does Salona planet compete against the
• 3:39
  Speaker 3: inherent and vantages that a coin base and cubut A
• 3:41
  Speaker 3: layer two has.
• 3:43
  Speaker 4: I don't think that Base long term can compete with Salona.
• 3:45
  Speaker 4: I'm going to be honest. Why do people consider a
• 3:48
  Speaker 4: base to be competitive with Solana right now? Well? Because
• 3:51
  Speaker 4: it's fast and cheap. Okay, How scalable is that infrastructure?
• 3:54
  Speaker 4: How decentralizes it? Well? Most when you bring that up
• 3:58
  Speaker 4: with folks today, often answer you'll get is well, users
• 4:01
  Speaker 4: don't care about decentralization. What I find to be really
• 4:04
  Speaker 4: interesting about that is it's the same people who are
• 4:06
  Speaker 4: saying that then will flip in the same conversation and
• 4:09
  Speaker 4: say the reason why Ethereum mainnet is better place in
• 4:13
  Speaker 4: Salanas because it's more decentralized. So which is it does
• 4:16
  Speaker 4: decentralization matter or not? Right the corporate l twos such
• 4:20
  Speaker 4: as Base, I think it's far worse than being parasitic.
• 4:23
  Speaker 4: I think it's cannibalistic.
• 4:24
  Speaker 1: Here's Defai Lama and again this is unicewap developers continue
• 4:28
  Speaker 1: to grow in a very big way. This is something
• 4:31
  Speaker 1: because they do like decentralized platforms, and I think that's
• 4:34
  Speaker 1: where unie swap wins this race. So again, very positive.
• 4:38
  Speaker 1: I would agree, maybe in a different way to what
• 4:40
  Speaker 1: Lily was talking about. Further into this, here's ron Sean Adams.
• 4:43
  Speaker 1: He's talking about this is a big one fos, massive
• 4:46
  Speaker 1: escalation by the SEC and the White House. Obviously uniswap
• 4:50
  Speaker 1: was a target of Wells. Notice, I think all of
• 4:52
  Speaker 1: that starts to change. All of that is going to
• 4:55
  Speaker 1: change with this new regulation, and they could win big,
• 4:58
  Speaker 1: very very early. Come January twentieth, mister Gensler will be
• 5:01
  Speaker 1: setting stepping down.
• 5:03
  Speaker 2: All right.
• 5:04
  Speaker 1: The other thing you got to kind of keep an
• 5:05
  Speaker 1: eye on is the CFTC. One of the things that
• 5:08
  Speaker 1: regulation will do is it will start to at least
• 5:10
  Speaker 1: get a much better position, so we won't start to
• 5:14
  Speaker 1: see the CFTC become the new sec of old in
• 5:18
  Speaker 1: going out here and doing all these crazy things. Because
• 5:20
  Speaker 1: remember we had Uniswap settling with the CFTC for one
• 5:23
  Speaker 1: hundred and seventy five K. So now if you look
• 5:25
  Speaker 1: at where we've seen tokenized stocks, this is something that
• 5:29
  Speaker 1: most likely will start to occur on decentralized exchanges. And
• 5:34
  Speaker 1: if you just look at the growth of this, this
• 5:35
  Speaker 1: is a good example of it. And then you kind
• 5:38
  Speaker 1: of compare to some of this down below. You've got
• 5:40
  Speaker 1: Coinbase in there, in Vidia, et cetera. All these I'll
• 5:43
  Speaker 1: zoom in on that right there. All these eventually will
• 5:45
  Speaker 1: be tokenized underlying stocks that will be available and tradable
• 5:49
  Speaker 1: on these decentralized exchanges. To me, this puts a lot
• 5:53
  Speaker 1: of heat on Wall Street as a whole. It also
• 5:56
  Speaker 1: puts a lot of heat I think on the financial ecosystem.
• 5:59
  Speaker 1: This is where or I think twenty twenty five could
• 6:02
  Speaker 1: be the year of the decks. All right, So just
• 6:04
  Speaker 1: as a reminder, this is really already here. It's just
• 6:07
  Speaker 1: a matter that it's not available here in the United States.
• 6:09
  Speaker 1: But when it does become available, and I think it's
• 6:11
  Speaker 1: just a matter of time, that is I think going
• 6:14
  Speaker 1: to be a big trigger again that will be very
• 6:16
  Speaker 1: favorable to the decks.
• 6:17
  Speaker 3: Is.
• 6:17
  Speaker 1: One other thing to note is that just look at
• 6:20
  Speaker 1: the UNIEWAP and the decentralized exchange growth that we saw
• 6:24
  Speaker 1: during the holiday season, well weekends, nights, holidays, Well Wall
• 6:30
  Speaker 1: Street's not open. I wonder if they're going to change
• 6:32
  Speaker 1: their tune and start to go to twenty four seven,
• 6:33
  Speaker 1: three sixty five, because that's what's happening on decentralized exchanges.
• 6:38
  Speaker 1: So just be aware that's another big explosion that's going
• 6:42
  Speaker 1: to expose how and what you can do on a dex,
• 6:45
  Speaker 1: which could change.
• 6:47
  Speaker 2: A lot of the trader habits. So be on the
• 6:49
  Speaker 2: lookout for that.
• 6:50
  Speaker 1: Other things to look at in terms of real world
• 6:52
  Speaker 1: asset value, these are the networks that potentially will be
• 6:55
  Speaker 1: part of that ethereum leading the way.
• 6:58
  Speaker 2: But guess who number two is have This is.
• 7:00
  Speaker 1: One thing you got to keep an eye on. Definitely
• 7:02
  Speaker 1: could be a factor going forward. But if you do
• 7:05
  Speaker 1: look at the networks themselves and where these rbas exist.
• 7:09
  Speaker 1: You look at the market share right now being led
• 7:11
  Speaker 1: pretty much by ethereum. Again, I think that's why ETH
• 7:14
  Speaker 1: leads it out, UNISWAP being very tied to the ETH
• 7:18
  Speaker 1: performance uniswap and the ecosystem being tied to the performance.
• 7:23
  Speaker 2: So all of this is good, all right.
• 7:25
  Speaker 1: So I want to jump over to another point here,
• 7:27
  Speaker 1: and this is Jupiter Jupiter Exchange. You've heard us talked
• 7:29
  Speaker 1: about it quite a bit. They have this program called
• 7:32
  Speaker 1: Jubruary and it basically is going to be dropping the
• 7:36
  Speaker 1: next largest air drop ever to happen in crypto. Take
• 7:41
  Speaker 1: a look what they had to say.
• 7:42
  Speaker 4: Especially.
• 7:46
  Speaker 5: So as a reminder, seven hundred million jupile was approved
• 7:50
  Speaker 5: for this upcoming Jubruary. Jupiter has grown dramatically since last Jubruary.
• 7:54
  Speaker 5: There are ten million wallets who have used Jupiter swap.
• 7:57
  Speaker 5: Now ten million. That is a lot of wallets drop too.
• 8:00
  Speaker 5: And here again you can just see a little bit
• 8:02
  Speaker 5: about the kind of scale that I was discussing earlier
• 8:04
  Speaker 5: in the number of swap transactions that happened in twenty
• 8:06
  Speaker 5: twenty three to twenty twenty four.
• 8:08
  Speaker 2: Right, there's just.
• 8:09
  Speaker 5: Way more people doing way more activity. But the qualification
• 8:13
  Speaker 5: is are you a human trader, which leaves about two
• 8:15
  Speaker 5: million wallets that will be eligible. Four hundred and twenty
• 8:18
  Speaker 5: five million will be going to users, another seventy five
• 8:21
  Speaker 5: million jupe will be going to stakers. Recognize that the
• 8:24
  Speaker 5: five hured million will be on the foot day one, Yeah,
• 8:26
  Speaker 5: immediately right. Thing, Then if you are both a swap
• 8:29
  Speaker 5: user and you're an expert trader and you're a staker,
• 8:32
  Speaker 5: you are eligible for all of the air drops. This
• 8:34
  Speaker 5: is not just like oh you fall into only one bucket,
• 8:36
  Speaker 5: so you can kind of stack these personas together based
• 8:39
  Speaker 5: on your activity. Is the snapshot taken already, Yes it is.
• 8:42
  Speaker 5: The snapshot was taken back in November.
• 8:44
  Speaker 1: But if you look at the acceleration of brands, it
• 8:47
  Speaker 1: has all been about all have been all about these
• 8:49
  Speaker 1: air drops. And I think a good proof is what
• 8:52
  Speaker 1: happened with Pengu. Look at Pengo jumping over bank and
• 8:56
  Speaker 1: again this was pengu doing a massive air drop out there.
• 9:00
  Speaker 1: This is something I continue to talk about. It's going
• 9:02
  Speaker 1: to be the new marketing strategy I think for a lot,
• 9:04
  Speaker 1: not only in crypto, but I think many companies eventually
• 9:06
  Speaker 1: we'll get to this point of understanding how air drops work.
• 9:09
  Speaker 1: It is going to be huge. You look at the
• 9:11
  Speaker 1: top performing coins over the last ninety days.
• 9:15
  Speaker 2: There we go.
• 9:15
  Speaker 1: We've got virtuals high pengu right there at number three,
• 9:19
  Speaker 1: and then of course you can kind of see further
• 9:22
  Speaker 1: on down. All right, I want to go to a
• 9:23
  Speaker 1: clip here because this is going to get into a
• 9:24
  Speaker 1: Jupiter exchange, and Luca, who is the CEO of Pudgy
• 9:28
  Speaker 1: Penguins also the token pengu gets into some details of
• 9:33
  Speaker 1: what could be going or getting ready to happen with Jupiter.
• 9:37
  Speaker 3: Take a look, why did these investors, you know, prices
• 9:40
  Speaker 3: us at a way bigger multiple than what our EBITDA reflects.
• 9:43
  Speaker 3: And it's because of our revenue potential that comes from
• 9:46
  Speaker 3: taking care of our community. So that's like the interesting part.
• 9:48
  Speaker 3: I would actually say, the community is the business, right
• 9:51
  Speaker 3: Like if everyone hated him and he had no community,
• 9:53
  Speaker 3: somebody would come out and you know the problem is
• 9:55
  Speaker 3: is everyone thinks that the product is the most Now
• 9:57
  Speaker 3: you have an amazing product, right, but somebody could go
• 10:00
  Speaker 3: with the existing product that he has and works backwards,
• 10:02
  Speaker 3: get a bunch of engineers, raise a bunch of money,
• 10:04
  Speaker 3: and maybe create a similar product.
• 10:06
  Speaker 2: Right, So he's told many.
• 10:07
  Speaker 3: But but the reason why that never gains any traction
• 10:10
  Speaker 3: is because they like that he's develop a community in
• 10:13
  Speaker 3: the brand, and then those people are never going to
• 10:15
  Speaker 3: pivot over.
• 10:15
  Speaker 2: I always thought Solana was broken.
• 10:17
  Speaker 3: Until I use Jupiter. Oh really, I swear I bought
• 10:20
  Speaker 3: so much salan as my biggest crypto holding. Really, but
• 10:24
  Speaker 3: isn't It wasn't until I used your product. Was like, Okay,
• 10:26
  Speaker 3: now I see Salon as use k so because it's
• 10:28
  Speaker 3: so important. It's like the nucleus, the center point the
• 10:31
  Speaker 3: entire ecosystem. In my opinion, right, if I was in
• 10:33
  Speaker 3: Slona egosism, I think I would be this guy, right,
• 10:36
  Speaker 3: which is great because now I'm excited for some worthy competition.
• 10:39
  Speaker 3: You'll get it. I'm going to get it, excited for
• 10:41
  Speaker 3: it and get it up. Jupiter EVM nah, I know
• 10:47
  Speaker 3: you guess why not?
• 10:49
  Speaker 2: Yea? We have all games? Yeah yeah, okay, well if you.
• 10:52
  Speaker 3: Do, let me know, because for me to win my game,
• 10:55
  Speaker 3: I got to get on the Jupiter. I gotta get
• 10:57
  Speaker 3: on the Jupiter. That school okay, Well you alpha, he's
• 11:00
  Speaker 3: holding the Alpha. I've be messaging him about it. You
• 11:02
  Speaker 3: don't respond. So the only time he doesn't respond this
• 11:05
  Speaker 3: when I ask him about EVM Jupiter.
• 11:07
  Speaker 2: It'd be great man. I mean, I love you too.
• 11:11
  Speaker 1: So one of the things that's happened in Solana before,
• 11:14
  Speaker 1: if everybody remembers, was the Seeker, And remember the first
• 11:17
  Speaker 1: phone that came out, the Salona Saga.
• 11:20
  Speaker 2: Part of that was all built off of an air drop.
• 11:23
  Speaker 1: In fact, there's rumors out there that said that the
• 11:27
  Speaker 1: Salana Saga phone may have been shelved had it not
• 11:30
  Speaker 1: been for those air drops to launch it.
• 11:32
  Speaker 2: And if you guys, remember if you're holding.
• 11:33
  Speaker 1: One of those phones right now, that's the value of
• 11:36
  Speaker 1: just the phone itself, which was five hundred bucks at
• 11:38
  Speaker 1: the time. Now it's three x of that and we're
• 11:40
  Speaker 1: not even a bull run. Another thing to consider here
• 11:43
  Speaker 1: is there's more phones out there within a digital ecosystem,
• 11:47
  Speaker 1: especially around Crypto. One of them is called Jambo, and
• 11:50
  Speaker 1: this one's a little different because it's going after the
• 11:53
  Speaker 1: budget minded market or the emerging markets. Six hundred and
• 11:57
  Speaker 1: sixty five thousand phone orders right now, mainly because this
• 12:00
  Speaker 1: is a very inexpensive phone. It's a ninety nine dollars phone.
• 12:03
  Speaker 1: This again will start to open up and you'll notice
• 12:06
  Speaker 1: a lot of familiar faces right in there. This is
• 12:09
  Speaker 1: the founder of the Jombo phone. Of course you got
• 12:11
  Speaker 1: Bank locked in. Does that mean most likely likely is
• 12:15
  Speaker 1: an air drop coming in? Just like what happened on
• 12:17
  Speaker 1: the first snagophone. Bank was one of the winners there.
• 12:20
  Speaker 1: One thing to note here, back to Lucas point, is,
• 12:23
  Speaker 1: in terms of building communities, if you think about air drops,
• 12:26
  Speaker 1: there's been nothing bigger than the Unicewap air drop. And
• 12:29
  Speaker 1: when you think about communities, I would argue that the
• 12:32
  Speaker 1: unicewap community also effectively one of the largest out there,
• 12:36
  Speaker 1: again because of these kinds of activities. So just take
• 12:39
  Speaker 1: a look at Jupiter where it was on its high.
• 12:42
  Speaker 1: This is going back to about buck thirty eight, back
• 12:44
  Speaker 1: in what was that early December. It's been continuing to follow.
• 12:47
  Speaker 1: This could be one of the best plays out there,
• 12:50
  Speaker 1: seventy two percent back to its high from where it's
• 12:52
  Speaker 1: trading right now.
• 12:53
  Speaker 2: There's many others out there.
• 12:54
  Speaker 1: If you look at Uniswap almost similarly, it's about the
• 12:57
  Speaker 1: same thing. Another forty to fifty percent pop reversal here
• 13:01
  Speaker 1: as we go into early twenty twenty five, that's what
• 13:04
  Speaker 1: we're watching right now we'll continue you guys to bring
• 13:06
  Speaker 1: you more of our alpha on what we think could
• 13:09
  Speaker 1: be going into twenty twenty five. Early Stay tuned to
• 13:12
  Speaker 1: the channel. Make sure and subscribe right now. It's a
• 13:14
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• 13:16
  Speaker 1: into the Diamond Circle. But best of all, follow me
• 13:18
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• 13:21
  Speaker 1: next time right here on tech Path