Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨What Are BIG Investors Doing With This Meme Coin? (You Won’t Believe It)

Transcript

🚨What Are BIG Investors Doing With This Meme Coin? (You Won’t Believe It) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Big interesting developments in the world of crypto.
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  Big interesting developments in the world of Unicorn fart dust.
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  Welcome to the corral, welcome to Duster Club guys.
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  We got a lot going on and we're going to talk about it all this
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  morning. I want to talk about a comment
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  that showed up here. If you want me to see your
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  comments guys, you have to be watching on YouTube.
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  Those are the comments that show up here on the streaming
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  software. And I got a real interesting
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  comment here from JRD here. You know what, I can actually
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  pull it up on the screen. And JRD said UFD first being in
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  people's drawing, so people apparently included us in a
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  drawing and now in the open seas video.
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  I showed that to you yesterday. He says hold on here just so I
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  can pull this up so I can read it better for you.
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  I think this is interesting to say the least.
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  So yeah, very interesting developments, but that's not the
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  most interesting development dusters because we are seeing
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  big holders of UFD continue to acquire coins and do it on a
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  very consistent basis. Let's go.
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  Let's go out and take a look at this piece of data that we got
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  yesterday, which is very, very optimistic.
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  Here we go and let me see if I can get the comments off the
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  screen. There we are.
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  OK guys, this is exciting. OK, This data shows us the top
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  100 holders right there. OK.
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  The yellow line on this chart represents the number of beans
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  held by the top 100 holder. So the yellow line, the white
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  line is the price of our coin. So as you can see, we started
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  back here in December, OK, These are the top 100 holders over
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  here. We can see there's 450 million.
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  And let me get this off the screen.
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  If you go all the way to the right, look at that yellow line.
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  It is grown and grown and grown again.
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  These are the number of beans that are being held by the
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  narwhals, by the big accounts. It just goes to mean that is
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  that I'll draw again. But when you look at that line,
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  it is just a steady increase. Oh, you know what?
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  I think I can move this, which I will.
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  A steady increase over time is as this continues, at some point
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  what's going to happen is all the UFD beans are going to be
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  held in tight hands, right? I mean, those are the top 100
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  wallets and it just is a steady, consistent climb in regard to
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  how many they own. I didn't.
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  I want to read you what he wrote on that post as well.
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  Hold on here. And he said this chart
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  illustrates an inverse relationship between the price
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  of a coin and its quantity in wallets.
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  When the price rises, some investors begin selling, but a
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  large group of other investors appears to be continuing to buy
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  in accumulating UFD. And that's what can happen,
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  right? If our, if our coin price stays
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  at this level, more and more people are acquiring more and
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  more coins. And eventually we get to a
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  point, right, where the majority of the coins are held in very
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  tight hands. I mean, at this point, according
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  to this data, if you pulled this up again, the top 100 address
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  addresses have 565,000,000 coins on the exchanges.
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  That's 138 million. So here, and that's where it
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  says here the top 100 now hold 44% of the overall supply of
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  UFD. We got some more interesting
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  data. This came from as the Duster
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  smart money and new holders are quietly accumulating UFD.
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  Check out the stats below from holder scan UFD new holders in
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  the in the last 7 days, total change 4.4 million.
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  Total change in U.S. dollars up 114,000 UFD accumulators in the
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  past seven days, total change equals 12.44 million.
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  Total change in U.S. dollars $320,000.
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  And then we get this right. And I'm, I'm investigating this
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  myself right now, but big account bit Mart, the big
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  exchange, what do they have 1.4 million followers Put this out
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  this morning. Does that look familiar to
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  anybody out there? That sure looks like a Unicorn
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  to me. What is that telling us?
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  Okay, now next, you know we have a big event coming up this
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  weekend, our HTX appreciation event, our HTX raid HTX, the big
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  major exchange massive in Asia and we know that they've been
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  super supportive of UFD. We know that HTX that listing
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  was generated purely on an organic level.
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  There was no, it just happened, let's just say that, but it just
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  happened because of the community, because of what the
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  UFD community was doing. This Sunday, we're having this
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  massive event where we're going to raid HTX in a positive,
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  classy way as always. But I want to show you some of
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  the memes and we're having a meme contest right now.
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  You have until midnight on Saturday to make your entry into
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  the meme contest. You can go to the official UFD
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  Twitter profile page to get information about that, But
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  let's look at a couple of these memes that have already started
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  to come in. I'll try to show as many of them
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  as I can here in the coming days.
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  And this first one, OK, here we go came from Antioch two.
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  I'm probably pronounced that wrong, but there's the Duster
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  and the the HTX Monster truck. Yes, great creativity.
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  Here's another one. OK, 6 new UFD plus HTX memes
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  just dropped. Beautiful.
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  Look at that. That's us, right?
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  With our exchange partner HTX. Here's another one.
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  This one came from the Bully and Duster.
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  These are bottled by HTX beers. These are beer labels, really
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  cool, really cool look at that UFD 00.0 like the original
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  right, never will change and there's UFD 0.0 beautiful great
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  artwork guys keep it up. Here's one from the bean dip
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  mogul and pull that one up. Look at that.
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  I love that that's cool. That stick figure look is is
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  very, very cool. So very interesting.
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  Let's go out and talk about some of the kind of macro news going
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  on. Did you know that September?
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  I didn't know this because September one year ago I really
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  wasn't in crypto. I followed crypto very casually,
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  but wasn't into crypto like I am now.
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  But apparently September's has the reputation for crypto chaos
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  and it's already making headlines.
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  The fear and greed index is now sitting at 42.
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  That's a neutral sentiment, but it's up from yesterday's 39 but
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  down from last week's 47. Markets are consolidated near
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  the 3.83 point, 9 trillion, that's total market cap of
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  crypto pivot point with mixed signals everywhere this month it
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  brings. And when they say consolidating,
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  what that really means is the weak handed people who want out
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  of crypto are getting out and they're being replaced by people
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  that are obviously buying because they have conviction
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  that overall crypto is going to do very well in the coming
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  months, quarters and years of which I am of the same opinion.
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  I think in five to 10 years, just like everybody uses cell
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  phones now and everybody uses e-mail and everybody uses
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  Netflix, everybody 5 to 10 years from now, we'll be using crypto
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  in red. Though it says this month brings
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  the usual seasonal jitters, but there's no more.
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  But there's more brewing beneath the surface.
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  Ray Dalio's debt cycle warnings are making waves.
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  So Ray Dalio, if you've never heard of him, he's the founder
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  of Bridgewater Capital, either the biggest or one of the
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  biggest hedge funds in the world.
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  Ray Dalio started Bridgewater Capital out of his apartment.
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  He's regarded as one of the sharpest financial, economic
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  investing minds and the history of the world.
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  And he is putting out the big, big warning.
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  He is basically throwing up the red flag, right?
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  If we were at the beach saying, guys, we are headed for some
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  very challenging fiscal, monetary, economic times in the
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  United States. I don't want to be a prophet of
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  doom, but I'm just telling you what he says.
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  And basically anybody who knows how to work a calculator can
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  look at the situation that our country's in with 37 trillion
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  plus dollars in debt, interest expense on that debt now over $1
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  trillion per year. And we've got big look, look,
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  I'm going to let you in on something that most, a lot of a
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  lot of you are really into crypto, which is great, right?
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  And then other people are into crypto in the general financial
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  markets. And most people follow the stock
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  market. They think the stock market's
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  the big deal. Here's a shocker to most people,
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  the bond market is magnitudes bigger than the stock market.
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  The bond market really sets the tone for what goes on in the
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  world financial markets and the bond markets are in trouble.
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  Japan is having trouble, Europe is having trouble.
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  Even in the United States, our 30 year treasury is around 5%
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  right now. That means the US government, if
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  they want to borrow money for 30 years, has to pay 5%.
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  At $40 trillion, that would be about 2 trillion per year in
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  interest expense. Anyhow, back to Ray Dalio.
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  He's basically saying, hey, we are up a Creek without a paddle.
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  the US dollar is in big, big trouble, OK.
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  That's why a lot of us look to other alternative places for
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  safe harbor for our quote UN quote money outside of the US
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  dollar. Look at things like precious
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  metals. Look at things like crypto, look
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  at things that traditionally have done well in an environment
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  where there's a paper Fiat currency that is in not real
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  good shape. Okay, back to crypto.
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  One more interesting thing in this article from Coin Market
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  Cap, we are obviously a Solana based token and they say Solana
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  just casually revolutionized itself with the ALP and Glow
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  upgrade, cutting transaction times to a blistering 150
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  milliseconds. Everything I've learned about
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  Solana over the past eight months makes me very excited
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  about the future of the Solana ecosystem moving forward.
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  Seems like Solana is innovating and coming up with new ways to
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  improve the experience for people that that operate within
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  the Solana blockchain. So good news for Solana is good
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  news for Unicorn fart dust, Absolutely no doubt about it.
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  I do want to say thank you guys. We have a big privilege Rons
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  basement. Our community has a big
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  privilege to to be aligned with some of the best companies in
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  crypto right moon pay right. You know moon pay is part of my
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  story. When I started Unicorn fart test
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  8 1/2 months ago, I had never owned a crypto in my life never
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  period. OK, moon pay was my very first
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  crypto transaction, my very first crypto experience, and to
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  say I was cautious would be an understatement, but it went so
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  smoothly. So it's no wonder that from that
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  time, time when Moon Pay had about 30 million customer
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  accounts to today when they have 35,000,000 customer accounts,
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  they are helping people all around the world in 180 plus
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  countries on ramp get into crypto for the very first time,
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  exchange their Fiat money, their paper money for crypto.
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  So thank you, Moon Pay for sponsoring Ron's basement and of
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  course, our friends at Ledger, right?
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  You know my story. I got hacked.
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  I don't know, six weeks, 8 weeks into my journey into crypto.
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  And since then, I've used Ledger devices.
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  I love my Ledger Flex. I love using the Ledger Live
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  app, but I really love the fact that they're helping like what,
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  secure 20% of the world's crypto right now in a secure manner.
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  They truly are the cryptocurrency hardware wallet
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  security leader. Big news this week will be the
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  jobs number tomorrow, Friday we're going to get tomorrow will
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  be what September 5th, so we're going to get the August job
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  numbers be prepared. It has the potential to send
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  shockwaves through all of the markets.
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  Everybody's expecting at this point we have some kind of rough
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  employment, job openings day to yesterday.
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  Everybody's expecting now that the Fed is going to cut rates,
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  right? Hope start to open up the
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  liquidity spicket. And don't forget with the
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  current administration that we have in Washington, not any type
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  of political statement. The spickets will soon be open.
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  The floodgates of liquidity money, cheaper money will be
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  open. That will be bad for the value
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  of the US dollar like we touched on earlier, but that will also
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  be very, very positive for things like crypto.
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  Let's go out and take a look at the odds now of a rate cut at
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  the next Fed meeting. And let's pull this up.
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  Here we go. This is the Chicago Mercantile
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  Exchange, the CME Group Fed watch tool.
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  So in 13 days, so Wednesday of next week, I think it's on the
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  17th that we get the yeah, the 17th we get the the decision
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  from the Fed about interest rates.
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  Here's what we can expect. This chart shows us very simply
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  and I'll draw on it for you cuz you can look at this yourself
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  and watch it. The current rate which is 4.25
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  and this is the odds. This is based on the big money,
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  the people that are, you know, the hedge funds, the sovereign
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  funds, the big money, how they're positioning themselves
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  and they're saying that there is a that says 97.4%, basically a
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  98% chance right now is what the big money is saying that we will
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  have a rate cut a little under two weeks from today.
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  It's going to be very, very interesting.
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  The bottom line is, guys, we're going to be in an environment in
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  the coming years where they're, like I said, there's going to be
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  money, the flowing everywhere. That's the only thing left that
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  they can do. Ray Dalio talks about it.
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  The sharpest minds and finance and economics talk about the
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  fact that the United States is going to be faced with the
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  situation where the only option will be right to print money to
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  loosen up the monetary policy, which will only result in mass
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  liquidity coming into the markets.
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  It's going to be very interesting.
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  Hey, I appreciate you joining me here today.
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  Don't forget, guys, be good to yourself.
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  That's the best platform you can have to then be good to other
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  people. And in UFD, good attracts good.
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  Take care of yourself. And I will be back tomorrow.
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  Let's go UFD.