Latest / The Paul Barron Crypto Show / Ethereum ETF Countdown + Altcoin Technical Analysis w/ Investing Broz
Transcript
- 0:07All right, so today let's dive into some token analysis. We'll take a
- 0:11look at a whole slew of these with one of our traders. I think
- 0:14you guys gonna love it. My name is Paul Barre. Welcome back in
- 0:16the tech path. Let's get into a couple of topics today. I want
- 0:19to first kind of lead off with bitcoin, some things that have been happening
- 0:23in the market. A lot of people looking at Bitcoin and ethereum, the
- 0:26way they're kind of counterbalancing each other, and how are they playing out.
- 0:30So I wanted to bring in, of course, mister Tim Warren, coming
- 0:33in from investing Bros. Great to have you, Tim, great to be
- 0:36here, Thanks for having me. Paul. Hey, let's take a look
- 0:39at a couple of things. Jason Pizzano. He's coming in saying, hey,
- 0:43consolidation phase now before we might see a top here. He's also kind
- 0:48of extending this out first. He bases us off a little bit on Google
- 0:52trendsearch. We showed this a little bit earlier this week. Very low for
- 0:56crypto right now, but we are starting to see some times. He's thinking
- 1:00that this still could be anywhere between twelve to eighteen months out. Maybe what
- 1:04are your thoughts in terms of timeline here on bitcoin right now twelve to eighteen
- 1:10months in terms of before the top of the bull market or yeah, top
- 1:11of the bull market? Yep, yeah, I agree one hundred percent that
- 1:15stays intact with the four year cycle. I've been preparing the investing Bros.
- 1:21Audience for more than likely a lot of tops to come into play between August
- 1:26to October area. You kind of have a window of two and a half
- 1:30months that could be that top. So I think at the moment that puts
- 1:33us what the fourteen to fifteen months right there in the middle of that twelve
- 1:37to eighteen But again, I also know there's a lot of scenarios that could
- 1:42play out. I'm sure you know this too. Paul will have the same
- 1:44opinion. There are things that could play out that could cause a super cycle
- 1:49where we don't have the four year cycle. Price continues to climb up after.
- 1:53But there's so many ifs and thens in that statement. For now,
- 1:56it's the most likely outcome is the four year cycle stays intact and we get
- 2:00some form of a top and then a more dramatic pullback sometime late summer early
- 2:04fall. Yeah, I think the one area that we're watching the most is
- 2:07obviously the political landscape, because if we do see a shift in administration and
- 2:13there's a whole new framework of how maybe crypto is being looked at, we
- 2:15could see innovation start to really kick up, which obviously would address it,
- 2:21especially with two ETFs potentially going to be on the ground by that time,
- 2:23with an ETHTF and so on. I want to go to a clip real
- 2:27quick, because this was an interesting clip around retail investors. Because retail has
- 2:31notoriously been late to the party, may not necessarily be the case. Now,
- 2:36let me play this clip for you. Have you sensed a difference from
- 2:39where the retail investor is sort of respected now? Absolutely? And I think
- 2:44a lot of that has to do with time. Right, our bear markets
- 2:46are shorter, our bull markets are pretty aggressive. They've seen the stock market
- 2:51fall during the pandemic and then climbing right back when the FED floorid interest rates.
- 2:55A lot of these people went through that in two thousand and eight,
- 2:58two thousand and nine. They're used to that of moral lack of moral hazard
- 3:00being there, so they want to stay invested and they've been rewarded for doing
- 3:05it. They worry about concentration, they worry about inflation, they worry about
- 3:07all these things. The walls of worry are very high. But if you
- 3:09just kept worrying and didn't invest, you've missed one of the greatest bull markets
- 3:13in generations. So I don't think they want to miss out. And they've
- 3:15seen this before a few times, so even if they're a little bit trepid,
- 3:20I'm a little bit worried about things that could happen, they don't want
- 3:23to be not invested. So the point being right there is that maybe this
- 3:28cycle the retail investor very optimistic going into, especially this back half, and
- 3:35if we do get a political play that could be positive for crypto. Could
- 3:39this be enough to move the markets back to your point, into a supercycle.
- 3:44What are your thoughts? Yeah, I think something to keep in mind
- 3:47is everything up until this bullmarket has been mostly retail investors and then smart individuals
- 3:54who saw the vision long term and said, you know what, were to
- 3:57be a part of it. But in the bull market twenty one, I
- 4:00actually made a video yesterday talking about this that was institutions were in crypto.
- 4:05People act like this is the first time they get in. They were in
- 4:08crypto, they were suppressing it, they were fudding it, they were trying
- 4:12to drive people away from it. But this cycle, they're the ones adding
- 4:15to it. And so where the Foyer cycle came into play based off of
- 4:18smart individuals and retail investors knowing the best time to get in and out or
- 4:23the retail investors really not knowing the best times. Now institutions coming in it
- 4:27changes the ball game because they are looking for those long term pullbacks. I've
- 4:31told people, while I still believe we will see bear markets in bull markets,
- 4:34I think the days of bitcoin dropping seventy to ninety percent are done.
- 4:40I would actually not be surprised if the severity of the bear market for bitcoin
- 4:44only pulls back fifty percent. And that's still gonna be pretty big for a
- 4:46lot of institutional investors who are used to stocks and the S and P five
- 4:49hundred and so on and so forth. But the more mature we get and
- 4:53the more adoption that institution gets in, the less volatility, which means both
- 5:00less explosive moves to the upside but also less dramatic pullbacks as well. Yeah,
- 5:05that's a big statement because if you think and believe that a lot of
- 5:10which a lot of people are kind of pointing to, whether you think about
- 5:12Tom Lee or you look at some other analysts right now pointing to like one
- 5:15fifty to two hundred potentially as a high. I mean still, if you
- 5:18saw a fifty percent pullback, that would still almost be two x from where
- 5:23we are today trading in around sixty two to sixty three. So a lot
- 5:28of factors playing into that. I want to jump to eight because the eth
- 5:30is one that we've been watching quite a bit here, and when you look
- 5:34at this trading view chart here, this is the diverging paths of long term
- 5:40holders on ethereum. And the last time that we really saw this occur,
- 5:45which is what we're seeing occur right now, let me kind of maybe zoom
- 5:48in on this a little bit for you guys. You can kind of see
- 5:50this long term hold. This is the eth in the light blue dark blue
- 5:54their bitcoin. But the last time we really saw this was all the way
- 5:59back here in twenty seventeen where he started out performing bitcoin. So our question
- 6:03in our research team has been I want to get your opinion. Is Ethereum
- 6:09maybe in a position right now, you know, from a position of outperforming
- 6:14an asset. Is it now in a position where it's out performing bitcoin?
- 6:17What are your thoughts? Oh, good question? Is it outperforming bitcoin?
- 6:21I mean, what's the definition of outperforming bitcoin? If we're just talking about
- 6:26full blown market cap growing. Now I'm talking about an investment. I put
- 6:30one hundred thousand dollars or ten thousand dollars or one thousand. What's going to
- 6:33give me a better gain? Yeah, ethereum, and I don't even think
- 6:36it's close. I think let's say, let's say investors were to decide right
- 6:41now, they have one hundred thousand dollars to choose one of them one hundred
- 6:45thousand dollars into bitcoin to the top of the ball market in twenty pointy five,
- 6:47we're probably talking about one hundred turning into somewhere between two hundred to three
- 6:51hundred thousand would be my best guess versus ethereum. I think low case five
- 6:56hundred thousand, better case somewhere closer to six hundred eight hundred. I think
- 7:00there's a I think there's a five to eight potential X left for ethereum,
- 7:04so more than double the gains that you'd get in bitcoin. When you look
- 7:09at that. If you look at the chart if you would bring your eight
- 7:12chart up, Tim and you and let's say go to the monthly and I
- 7:15want to kind of look at the performance of ETH over time. Does it
- 7:19look like it is in a position where it essentially has if you kind of
- 7:25compare this to bitcoin, does that not look like a high performance chart?
- 7:30I mean, even with the drawdown, even though the drawdown was considerably less
- 7:34than what we saw in almost everything is eth. Maybe the long term asset
- 7:40play here Yeah. I think in terms of if you want to make more
- 7:46money long term, I think Ethereum at least at least for the next ten
- 7:49to fifteen years, I would not be surprised to see Ethereum constantly have better
- 7:54bull markers than Bitcoin. But we got to remember it's still dramatically behind in
- 7:59terms of cap. So if anyone is wondering about the flipping, the grand
- 8:03flipping, we're never gonna see ethereum token one token be more valuable than one
- 8:07Bitcoin token, just the simple token on miix of it all, but market
- 8:09cap. I think there will be a day and age where we might flirt
- 8:15with the concept of Ethereum flipping the Bitcoin market cap. But long term,
- 8:18I think Bitcoin is the grander play. But again for investment purposes, this
- 8:22is a very very bullish chart. One of the things I've said earlier,
- 8:24I think that I think Ethereum probably is getting between eighteen to twenty k from
- 8:30its current position right now. I think there's a chance right now at thirty
- 8:33five hundred, there's a chance Ethereum drops to thirty two before the bulls come
- 8:35back in full force. But we're talking about still big, big gains just
- 8:39for this bull market. And this is I hope people understand this is the
- 8:43beginning stages of institutional institutional adoption. It will get even more grandiose by the
- 8:50next five years. We talked about twenty thirty, don't be surprised if we
- 8:54are discussing potentially a fifty sixty. I think these a little out of the
- 9:00equation, but maybe seventy thousand dollars theeum and we're talking about trillions and trillions
- 9:05of dollars coming in the market cap. Again, for for investing purposes,
- 9:09long term, do I want to am I gonna make more money in bitcoinner
- 9:13ethereum, easy Ethereum. I still believe in divers diversification, but I don't
- 9:18think there's much a debate to be had about who's going to make more money
- 9:20a theory. Well, okay, all right, so I'm going to kind
- 9:24of back that up just so we can kind of get, you know,
- 9:26some additional analysts to look at this. If you look at Matt Hogan,
- 9:31he comes in and hits on it very similar to what you're saying there,
- 9:33ETH tail wins significant new demand this obviously with the ETF constraint supply limits to
- 9:39zero net insuance, improve regulatory clarity, that will be the case. Radically
- 9:43improved throughput obviously we know and we've seen significant improve on UX. Thank you.
- 9:50I agree, base, institutional adoption cycle, timing, macro conditions,
- 9:54fed raycuts, election possibly a huge catalyst. So all these are things very
- 10:00very very bullish for a good setup for even if ETH does pull back down
- 10:05to thirty two. My question is do you think ETH can pull back to
- 10:09in a barish case under three k or are you right now holding that thirty
- 10:13two line? It can And I'll go back in, I'll take a look
- 10:18show you guys what I'm seeing on the charts for now. Thirty two is
- 10:20my level of saying, hey, this is a very reasonable and well explained
- 10:26pullback. If you start to pull up different indicators here, I'm actually not
- 10:30even gonna find it on my lux Ago indicator. We have some strong support
- 10:33here. I'm thirty three hundred. There is a level down here, a
- 10:37very key order block in play at twenty nine hundred. But one of my
- 10:41big factors, let's see here. Maybe it was the weekly chart and there's
- 10:43a different chart as well. Yeah, we have a stop loss here at
- 10:46thirty two hundred. We also if we go to high block capital and I
- 10:48go to Ethereum instead of Bitcoin. Here this is a liquidation's chart, meaning
- 10:52for anyone who's trading and looking to try to get rid of a lot of
- 10:56big positions, they're going to be looking at this chart and see a lot
- 10:58of liquidity sitting right here at three thousand. You never see if I were
- 11:03to go back over the charts and let's just kind of put a line right
- 11:05here at three thousand, you never see the price go right to that exact
- 11:09level of high liquidity. You would always see it go below. There was
- 11:15more. I think the other one is if I go to the daily chart,
- 11:16I think the thirty two is coming from the daily chart of liquidations.
- 11:20Unless things updated there, we go great fat amount of liquidity down here at
- 11:24thirty two. So that's a very easy, easy pick them to get there.
- 11:26But you can see heavy liquidity down here as well. My philosophy right
- 11:31now and again everything still follows bitcoin, but I still have Bitcoin potentially dropping
- 11:37here on the daily chart. I still have Bitcoin with a very strong level
- 11:41of support right in the range of sixty one thousand sixty one three. There's
- 11:46a lot of things there. There's a pullback still from current price action of
- 11:50roughly three to four percent, So kind of using that same mindset, ethereum
- 11:56could have a little bit larger of a pullback. That's where I'm kind of
- 11:58getting more of this range of saying thirty two, since there is liquidity at
- 12:01that level, that's still an eight percent pullback from current prices, but it's
- 12:05manageable coming down all the way to twenty nine. We're talking about a sixteen
- 12:09percent pullback on ethereum. That happens, in my opinion, if Bitcoin does
- 12:15not hold sixty one and all of a sudden, we're talking about fifty five
- 12:18thousand. If Bitcoin pulls back upwards of twelve percent, then Ethereum easily could
- 12:22do sixteen, but I don't foresee that happening. That's not what I'm predicting
- 12:26at this point. I'm looking for more purchasing power for ethereum around thirty two
- 12:31hundred, for Bitcoin around sixty one three sixty one to five area, and
- 12:35so until things change and give me a different reason to think differently, that
- 12:39is kind of my assumption for both of those assets at this point. Okay,
- 12:41with that being the case, especially around Bitcoin and ethereum trading on say
- 12:46a bitcoin EH chart, would you say that Bitcoin is still leading the market,
- 12:52leading Ether out into the market, or do you feel like eth maybe
- 12:56is now in its own range of growth? Yeah, I mean so so
- 13:00Traditionally, it's not yet time for the full blown ETH cycle. If I
- 13:05do show you the Eth over Bitcoin chart in the last week, Ethereum is
- 13:11leading, but from a zoomed out perspective here, let me get rid of
- 13:13a couple of these things. It's been a minute as I look at this
- 13:16chart. Okay, come on, now, chart, get with the program.
- 13:20There we go. We're still not in a bullish trend here, right,
- 13:22so we might be bullish from this bottom back here on May eighteenth,
- 13:26and we might even be bullish in the last seven days, but you zoom
- 13:30back out to September of twenty twenty two, we're still setting lower highs and
- 13:33lower lows. I think in reality, what we're gonna want to see is
- 13:37Ethereum over bitcoin probably get above this point zero six to one level, then
- 13:41we can have a discussion about ethereum leading the charge. I don't think that
- 13:46that happens, however, until closer to August or September. We could even
- 13:50keep going bullish, and you could make the statement, hey, guys,
- 13:54ethereum is doing better than bitcoin even right now, but to kind of have
- 13:58a very good confirmation and feels wrongly that we're no longer in the Bitcoin part
- 14:01of the cycle, but we're in the ethereum leading cycle. I would say,
- 14:05let's get this pairing above point zero six and let's set a higher high
- 14:09rather than still being in a lower high trend. So essentially you've got the
- 14:13two assets trading very closely in terms of likelihood in terms of performance. Going
- 14:18into that, all right, Well, I know I can accept that in
- 14:22looking at it, I'm in agreement I think with eth on a long term
- 14:26play and definitely in terms of market corrections as we start to see that.
- 14:28I'm a little interested in to see how much of market correction we will see
- 14:33on bitcoin as the market starts to explore eth in all the things that we
- 14:37kind of mentioned there with Hogan's tweet, so a lot a lot happening.
- 14:41Another thing coming in of course stable coins and Mika getting ready to jump loose
- 14:46here in the EU. Let me zoom in on that everybody is getting ready
- 14:50to start seeing stable coins in action in a legal way, which means we
- 14:54could see an explosion around USDC. Obviously that would change things quite bit because
- 15:00that's an RC twenty token, so there's an opportunity there, I think again,
- 15:03just for more position on that that rolling into also Solana, because this
- 15:09is kind of the question I have next is now let's play eight versus Salona,
- 15:13because we've looked at kind of the scenario. You've got Solana now potentially
- 15:18getting an et F coming in, and of course Coinbase would be this is
- 15:22coming in from the three IQ Corp. But the point being is that we
- 15:26could see something happen like this with Solana. Is Solana in a position right
- 15:31now if you are trying to go that same investment strategy with an eight versus
- 15:35Solana on that same hundred k, n K or one k, what route
- 15:41would you take right now based on Solana's chart. Yeah, So, so
- 15:45here's what I will say before I go to the chart. I feel confident
- 15:50in saying that Ethereum will be a better investment than bitcoin. When it comes
- 15:54to will Solana be a better investment in ethereum? While I am still confident,
- 15:58I'm less confident that's statement than I am in ethereum beating out bitcoin,
- 16:02just because I see bitcoin Ethereum as your safest, least valuable, but safest
- 16:07choices for investing. Solana's got such a great upside, but there are scenarios
- 16:12that could play out in the next again, fourteen to fifteen months that for
- 16:15some reason it's bullishness gets kind of crushed. But I don't perceive that happening.
- 16:21In fact, what I'm looking at right now, it's another one.
- 16:23He's I'm on the weekly chart right now, so when you see each candle,
- 16:26we're representing seven days for the last month and some change. Solana has
- 16:30been falling compared to Ethereum, but there's some major support happening right now.
- 16:37Most of this is actually due to a lot of the mean coins that kind
- 16:41of boosted Solanas so heavily during this time period. They're cooling off, So
- 16:45Solana's cooling off a little bit. But we're getting very close to a level
- 16:48on the weekly chart, a very strong support in both this smart trail and
- 16:52a large order block on the daily chart. The cell orders that we were
- 16:56under have hit their most aggressive take profit. And when you start to look
- 16:59at oscillators, I'm not saying we're about to reverse today. In fact,
- 17:03we could keep in this level for maybe the next couple of weeks, but
- 17:07a lot of signs of over sold Solana over ethereum. And I've said this
- 17:11before. I was actually having a conversation with somebody the other day about Solana's
- 17:17future, and they were saying, oh, yeah, the meme season's over,
- 17:19Solana is done. I'm like, is that where we got to where
- 17:22we thought Solana was only about meme coins? Yeah, because that's not how
- 17:25I've proceeded. That was one added benefit of Solana. But you can have
- 17:29a lot of problems. They're still Solana. I would still say at this
- 17:32point is the easiest fastest and most admissible blockchain to build something on. So
- 17:37a lot of institutions, maybe not the high Microsofts and Apples and those,
- 17:41but a lot of companies and businesses worldwide will choose Solana. I still see
- 17:47Solana jumping over one thousand dollars, potentially going up towards sixteen hundred. So
- 17:52we're talking about more like instead of Ethereum's five to seven X. I think
- 17:56there's a good chance at closer to a ten to twelve x twelve to fifteen
- 18:00x left in Solana if things play out correctly, well, that's a big
- 18:04that's a big one. Of course, Solana been very bullsh up to this
- 18:07point. You know, obviously we'll see things start to play out this summer
- 18:11and as they go into you know, their their conference season, that starts
- 18:15to reveal a lot of new projects, especially if we get some regulation clarity.
- 18:19A couple of the things that are happening. I wanted to kind of
- 18:22play this in and this is just showing ETFs and you know, their their
- 18:27outflows, but also the potential of these outflows may be going somewhere. If
- 18:33you think about where could an outflow from bitcoin be going. If if you
- 18:37think about institutional capital. I want to play a clip because maybe, just
- 18:41maybe things are flowing into things like in Nvidia. Take a look at this,
- 18:45got it and they want to put it in the risky So when you
- 18:49when you read risky for this group, is that in Vidia or is that
- 18:53someplace else? Well, we asked them, you know what areas of the
- 18:56stock work you think are in bubbles right now? And AI stocks and tech
- 19:00stocks they think are in bubbles. So I would consider that a little bit
- 19:03risky, and you look evaluations, you can't ignore the fact that they're pretty
- 19:06high. It's a little bit risky. These are not necessarily game stop buyers
- 19:10and AMC buyers. These buy these investors by big stocks. They've held on
- 19:15to them for a long time. In Vidia, Apple, Microsoft. We
- 19:18ask some the stocks you would buy and hold for the next decade Navidia,
- 19:21Apple, Microsoft. All right, So that being the case, maybe is
- 19:26the reason that we haven't seen bitcoin really starting to move up with this institutional
- 19:30capital saying hey, listen, we're gonna pull some off the table. We're
- 19:33going to revert into something like an Nvidia move, which is an AI play.
- 19:37Do you think there's any potential for in Vidia's chart to continue to look
- 19:41so positive going forward. Yeah, I mean, in Vidia's charts sitting at
- 19:48an all time high currently is going to give. That's why when people talk
- 19:51about bubbles, I'll go and pull that up when people talk about bubbles.
- 19:55Yeah, anytime you're get into price discovery mode and you're sitting at a level
- 19:59you've never seen before, there's always gonna be the naysayers that say, hey,
- 20:03this time to correct. But we've seen in video, I mean,
- 20:06in video was supposed to correct for a long long time. In fact,
- 20:08even right in here around twenty twenty one, you know, sixty seven percent,
- 20:12that's really not even as bad as the majority of crypto. That was
- 20:15actually a less pullback than even Bitcoin. I actually have a target for in
- 20:21Vidia still climbing higher, potentially ranging up here closer to three hundred and fifty
- 20:26three to six hundred and sixty three. Why because AI has always been something
- 20:30that the world's been interested and everyone probably grew up watching movies about robots taking
- 20:33over the world. But for the first time in really all of history,
- 20:37the last i'd say three to five years, AI is taking a form that
- 20:42we we only dreamed in the past. Of actually being possible. So you
- 20:48can try to fade, you can try to try to sell against it.
- 20:51But the AI, we're not even close to scratching the surface of what AI
- 20:55is actually capable of doing. We're just getting started, and in Vidia is
- 20:57when I'm just not in anywhere close to a situation of get betting against until
- 21:03I see a much weaker economy and maybe saying, hey, even I mean
- 21:07as one as you, Paul, like, even when the economy goes weak,
- 21:11guess what people and businesses are going to look for because it's too expensive
- 21:14to hire people. Can I get AI to keep doing this? So yeah,
- 21:18I'm not saying there'll be no pullbacks whatsoever, but don't be surprised if
- 21:22we don't see a prolonged bear market for Nvidia and AI stocks for a long
- 21:26time, which means that I would agree with that to a certain extent.
- 21:30Obviously we've seen, you know, cycles like this happen with the birth of
- 21:33the Internet, and obviously the growth that we saw within that and all the
- 21:37technologies they got a chance to stack on top of that, mobile, social
- 21:40and even blockchain. Let's move over to blockchain, and I want to hit
- 21:44this last token with you, and that is render, because that's going to
- 21:47be the equivalent in term whether you think near protocol or you like render.
- 21:51You know, from a standpoint of cloud compute, possibly AIGPU plays on this
- 21:56render. What is your position on render? Because it's it's been a little
- 22:00bit wobbly in terms of current price. Where do you like this one?
- 22:04Yeah, it's not been performing well here more recently. Anyone who's looking at
- 22:10the chart like this is probably getting a little tired of Render. They probably
- 22:15are tired of people promoting and talking about great it's going to be. I
- 22:18feel it. I see it every single day. But I always tell people
- 22:22before you judge something too harshly, zoom out, just look at how things
- 22:26have performed in the history. And this is a very explosive chart. And
- 22:30then you look at things where we did set a lower hide right here,
- 22:33but we've set a lot of support. If I zoom back in here,
- 22:37a lot of support the bulls in the zone between the prices of roughly six
- 22:41ninety six down here, I would say even to about six forty seven.
- 22:45Very strong level of support. Of course, right now, I think that
- 22:48render could come back down into this area as well. But this is what
- 22:52we would call in TA. We're creating a nice strong shelf and right now,
- 22:57as long as there's not a bullish catalyst to send prices higher, whales
- 23:00and long term holders are using every excuse in the book to accumulate as much
- 23:04as they can right here at six dollars and seventy cent area because they know
- 23:08the long term value. Don't be surprised like the rest of the market if
- 23:12we have a couple more days of bearish pressure, maybe a week or a
- 23:17little bit longer than that. But to say that the bull market is over,
- 23:19you're you're not taking into account all of the momentum that has already come
- 23:25into space, despite the fact that we're not even close to really seeing what
- 23:29renders truly potential, what truth potential is. And the reason I'm big on
- 23:32Render over some others. I still like NEAR, I still like what ASI
- 23:36is about to be. But Render has a special relationship within video, and
- 23:40video has a raiship with a lot of different coins. But it seems like
- 23:42in Vidia talks about Render quite frequently. So Render's not just going to be
- 23:47a great AI play for crypto holders, but institutional investors or traditional stockholders who
- 23:52are looking to dabble in AI, are going to constantly hear render, render,
- 23:56Render, render, render, and that's a big reason to stay long
- 23:59term and bullish on it, even if the price in the last couple of
- 24:02months has been frustrated. Well, and I think the thing that you have
- 24:07to consider here is if you are a believer in cloud compute and the potential
- 24:11here for AI, then and even if you're looking at diversification, whether you
- 24:15like near protocol or you do want to jump on render, I think the
- 24:18key here is is that this is just the beginning. We're going to see
- 24:22so much in terms of innovation, and both these projects are in the right
- 24:26spot at the right time. So all that being very good. Hey Tim,
- 24:30if anybody wants to catch Tim, of course catch him in over at
- 24:33Investing Bros. On his YouTube channel. We'll make sure to leave a link
- 24:36down in the description. But thanks again for stopping in today. We appreciate
- 24:38it. Awesome. Thank you for having me, Paul, You bet all
- 24:41right, So guys, we'll get into a couple other tokens. One other
- 24:45thing I wanted to hit on, and we did a video on this with
- 24:48Avalanche yesterday, and one of the things is this topic right here. Canabi
- 24:52is now building a blockchain, So Avalanche starting to take I think some very
- 25:00interesting steps in terms of partnerships and where these subnets are going. And John
- 25:03Wu there was a video clip that we put into that video. If you
- 25:07had a chance to go back and watch it, go check it out.
- 25:10But there's a clip towards the end of John Wu talking about this subnet season.
- 25:15There's a lot of opportunity I think in terms of timing with Avalanche,
- 25:18So be on the lookout for Avalanche a little bit closer to the fall.
- 25:22That's going to be what we're going to We are going to try to get
- 25:25John Woo to talk about this a little bit in the next few weeks,
- 25:27so be on the lookout for that interview because it is coming. Other news
- 25:33out there, of course, is Polygon and Ronan. Ronan Network now jumping
- 25:37in on Polygon, which this could be interesting on how this partnership might line
- 25:41up, and also two powerhouses from the previous bull runs, so this also
- 25:45could play into some very interesting things. Others that we're watching right now here,
- 25:49of course, is Finance adding u STT on Ton and Ton of course
- 25:53is the big one that we've talked a little bit about here on the show.
- 25:57Actually I think we did an analysis last week with Tim. But this
- 26:02of course gets into some pretty interesting chain metrics now pretty much showing a ridiculous
- 26:07growth. But the transaction volume has gone from five to ten billions, so
- 26:11older account also climbing from my two point nine million to thirty two million in
- 26:17a year, so ten x that's a pretty big statement without that. And
- 26:21then of course you've got some other things happening out there in the EU,
- 26:23and that of course is you know, exchanges like Uphold guess what they're doing.
- 26:27They're delisting some of those tokens or some of the stable coins and moving
- 26:33into guess what, USDC the eurostable coin, and then even PayPal's stable coin
- 26:40p YUST. So be on the lookout for that. Those are some things
- 26:42that we'll continue to track on you guys. If are in terms of additional
- 26:48videos, we've got some big interviews coming up next week and the following,
- 26:52so be on the lookout for those. If you're not in the Diamond circle,
- 26:56make sure and get in right now. All you have to do is
- 26:59click the link down below. It'll get you into the Diamond Circle. We'll
- 27:02get a lot of things happening over there, including some really cool air drops
- 27:06available to our members, so check that out. Just click the air drop
- 27:10thing. Drop your wallets in there. We've got Base or an Ether wallet
- 27:14and a Salona wallet, either one will work and you'll be part of that
- 27:17when we do our airdrop snapshots. And of course if you're not following me
- 27:21on X do that. It's just at Paul Baron. We'll catch you next
- 27:23time right here on Techpath