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🔥EXPLOSIVE Altcoin Rally Begins 🚀l Technical Analysis 📈w/ Investing Broz · The Paul Barron Crypto Show

0:06
Speaker 1: Of course, guys, we're going to break down some all
0:07
Speaker 1: coins for you to give you some analysis on where
0:10
Speaker 1: some of these all coins could maybe run alongside Bitcoin,
0:14
Speaker 1: especially with it hitting its all time high. I do
0:17
Speaker 1: want to thank our sponsor on this episode, and that
0:19
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0:22
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0:24
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0:27
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0:29
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0:33
Speaker 1: very simple. Use our link down below. It's going to
0:35
Speaker 1: get you one hundred dollars in a funding reward if
0:38
Speaker 1: you decide to get started. All right, Tim, let's go
0:41
Speaker 1: back in and just remind everybody if you've not seen
0:44
Speaker 1: Tim's channel, jump in over on Investing Bros right here
0:48
Speaker 1: on YouTube. Is it time to buy or sell? Well,
0:51
Speaker 1: we're gonna be talking about that right now in all coins.
0:54
Speaker 1: And because this is a big deal with with Bitcoin
0:58
Speaker 1: hitting an all time high, ethereum kind of teetering back
1:02
Speaker 1: and forth but could be at the verge of a
1:05
Speaker 1: breakout when you look at some of the primary tokens,
1:09
Speaker 1: and obviously we have to go to Solana first big
1:11
Speaker 1: announcement this week at accelerate big time. This is the
1:15
Speaker 1: much away that Salana mobile, which is the Seeker phone,
1:18
Speaker 1: is now going to be shipping August fourth. We're going
1:20
Speaker 1: to have one of these things in our grubby hands.
1:23
Speaker 1: We're gonna a chance to get a chance to see
1:24
Speaker 1: these things. But Solana as a token, nice little run
1:29
Speaker 1: in correction off of one hundred dollars to where we
1:32
Speaker 1: are right now, what.
1:33
Speaker 2: Does the chart show for Soul going forward?
1:37
Speaker 3: Yeah, so I'll start off with more of the bullish
1:39
Speaker 3: perspective and then we'll talk about where it could pull
1:42
Speaker 3: back to with it being a little over extended weekly
1:44
Speaker 3: chart very minimum. I'm looking up here at back of
1:46
Speaker 3: up two hundred two ten, give or take. But I
1:49
Speaker 3: would be a fan of looking at that red cloud
1:51
Speaker 3: as saying, hey, you know, three hundred dollars is on
1:54
Speaker 3: the way. But as we've seen in the past, all
1:56
Speaker 3: corn seasons can go crazy. Once you get above this
1:58
Speaker 3: red cloud, you can keep going up. I still have
2:00
Speaker 3: a I still have a Salona price prediction going about
2:03
Speaker 3: one thousand dollars before this bullmarket is over. On the
2:07
Speaker 3: pullbacks discussion, though, of course, again just like ethereum. We're
2:11
Speaker 3: seeing this cell signals coming in, that red reversal, the
2:13
Speaker 3: Barish momentum, that negative money flow kind of flowing out here.
2:16
Speaker 3: It didn't have the same rally as bitcoin.
2:18
Speaker 4: Here.
2:19
Speaker 3: We've got to bearish mac d cross here on that
2:21
Speaker 3: daily chart rsize pulling back that zone's telling me, hey,
2:25
Speaker 3: wouldn't make wouldn't be crazy to say a pullback down
2:28
Speaker 3: towards one fifty one to fifty three could be on
2:30
Speaker 3: the table. But I want to do something a little
2:32
Speaker 3: different with this one. I also want to take a
2:33
Speaker 3: look because that's a pretty good sized pullback. Are there
2:35
Speaker 3: any interesting liquidations between us and then? And I'm actually
2:39
Speaker 3: going to discover this with you guys. It's got a
2:40
Speaker 3: nice level right in here, a one hour smart trail
2:44
Speaker 3: and a big liquidation level at one sixty.
2:46
Speaker 4: So even though I think one fifties on the.
2:48
Speaker 3: Table, I think some people might be comfortable trying to
2:52
Speaker 3: scoop up a very reasonable one sixty in the next
2:54
Speaker 3: couple of days. And I'm telling you this, I'm showing
2:57
Speaker 3: you that the charts are saying on these longer timeframes.
3:00
Speaker 3: What I want people to know about technical analysis is
3:03
Speaker 3: that in a bull market bearish trends do not happen. So,
3:07
Speaker 3: for example, right back here, when we had this cell
3:10
Speaker 3: signal back on April twenty ninth, give or tape, we
3:14
Speaker 3: should have pulled back back here to one thirty five.
3:17
Speaker 3: We didn't quite make it. You can see we made
3:19
Speaker 3: an effort, but we fell short. So I'm a big
3:22
Speaker 3: believer of saying, hey, listen, I want to have some
3:24
Speaker 3: money if I want to buy mor Solana. I'm looking
3:26
Speaker 3: at this indicator. We will eventually come back and touch
3:28
Speaker 3: this daily smart trail at some point. I want to
3:31
Speaker 3: be aware of where it is at. But I'm also
3:33
Speaker 3: very aware when I'm looking at liquidations and shorter timeframe stuff,
3:37
Speaker 3: there is reason to believe that some people will want
3:40
Speaker 3: to be buying back in here around that one to
3:42
Speaker 3: sixty four mark.
3:44
Speaker 1: Okay, so around one sixty four as a possible retlacement
3:47
Speaker 1: for Salona. That of course would change things up a
3:50
Speaker 1: little bit.
3:50
Speaker 2: I do.
3:51
Speaker 1: I'm intrigued with here over one thousand in terms.
3:53
Speaker 2: Of a high.
3:54
Speaker 1: Obviously, this will play out as we see bitcoin dominant
3:57
Speaker 1: start to adjust down in the markets. Traditionally, I want
4:01
Speaker 1: to move over to XRP for a second because Ripple
4:04
Speaker 1: is on a hunt right now to try to get
4:07
Speaker 1: this Circle company acquired, and if they were successful, some
4:11
Speaker 1: people look at this and say, hey, it'd be disastrous
4:13
Speaker 1: for crypto. This is coming from more of a Bitcoin angle.
4:18
Speaker 1: The reported price tag could be as high as eleven billion.
4:21
Speaker 1: You got to remember the IPO is probably between four
4:23
Speaker 1: and six billion per Circle, and it would make a
4:28
Speaker 1: Ripple the largest asset issuer on every blockchain.
4:31
Speaker 2: So this would obviously be a little bit.
4:34
Speaker 1: More anti competitive, I guess would be the question within
4:38
Speaker 1: this And I don't know.
4:39
Speaker 2: I don't know first of all, if they would agree
4:41
Speaker 2: to it.
4:41
Speaker 1: And I'm talking about the you know, FTC and the
4:46
Speaker 1: powers that be for potential anti trust or unfair advantage
4:51
Speaker 1: in the market, right, But what would this do to XRP?
4:54
Speaker 2: Do you feel that XRP has a.
4:56
Speaker 1: Potential to explode on this news or would this be
4:59
Speaker 1: more of No, they could sell it and it could
5:02
Speaker 1: crash the XRP price.
5:03
Speaker 3: Where would you Yeah, And that would be that'd be
5:06
Speaker 3: the question. Where is Ripple going to get the money
5:08
Speaker 3: to purchase it? Are they going to liquidate some of
5:10
Speaker 3: their XRP holdings? I think that would lead towards a
5:13
Speaker 3: short term barish move. But you know, I've gone back
5:16
Speaker 3: and forth a long time ago. Paul I was a
5:19
Speaker 3: XRP hater. You know, I used to say, you know,
5:22
Speaker 3: stay away from XRP. I've talked with a lot of
5:25
Speaker 3: people wate smarter than me that it changed my mind,
5:28
Speaker 3: And this narrative that I used to grab hold of
5:30
Speaker 3: has still continues this day. There's this thought process that
5:33
Speaker 3: Ripple is just gonna dump all their XRP on the
5:38
Speaker 3: people someday and this is going to keep the price suppressed.
5:41
Speaker 3: It doesn't serve Ripple for XRP not to perform well.
5:45
Speaker 4: They they really want XRP to perform well.
5:48
Speaker 3: So again there's people waste smarter than me that can
5:51
Speaker 3: make fundamental reasons and say like, oh, this could be
5:53
Speaker 3: really barrassed for XRP. But to me, I still say,
5:57
Speaker 3: anything good for XRP is good for Ripple. Anything good
5:59
Speaker 3: for Ripple should be good for XRP. So I'm going
6:01
Speaker 3: to lean in the direction of this is still bullish
6:03
Speaker 3: in my opinion.
6:05
Speaker 1: My argument there would be is that it's kind of
6:07
Speaker 1: the same with bitcoin right now, just with strategy. If
6:10
Speaker 1: you look at Michael Sailor and the conditioning that he's
6:12
Speaker 1: going to, it's very possible within the next five years
6:14
Speaker 1: he could own twenty percent of bitcoin. That would be
6:17
Speaker 1: very Many people would look at that and say that's
6:18
Speaker 1: a very detrimental position because he could dump on the
6:21
Speaker 1: market very easily. It would kill bitcoin potentially. And if
6:25
Speaker 1: someone got to that level, and I think Sailor is
6:28
Speaker 1: definitely going for it, so that, I guess would be
6:31
Speaker 1: still the question mark. But if you look at the
6:32
Speaker 1: price right now of XRP, are you trading this one
6:36
Speaker 1: at all or are you looking at strictly just long
6:39
Speaker 1: term holds?
6:41
Speaker 3: Yeah, I haven't been trading XRP here recently. I'm holding
6:45
Speaker 3: long term for sure. I was one of the voices
6:48
Speaker 3: I think I was on your channel talking about this.
6:50
Speaker 3: I was telling people back last summer, don't give up
6:53
Speaker 3: on extra P just yet. There's gonna be a period
6:55
Speaker 3: where it explodes. And even with the long, drawn out, boring,
6:58
Speaker 3: sideways place you've been since January, xrps backup towards some
7:03
Speaker 3: resistance right here. We're wrestling with it. We did break
7:05
Speaker 3: a former lower high here around two fifty five a
7:09
Speaker 3: couple of days ago.
7:10
Speaker 4: We're back down below it.
7:11
Speaker 3: But there's a lot of reasons to stay bullish on XRP,
7:14
Speaker 3: and I think this is another one that you know,
7:16
Speaker 3: there's some cell signals here on the day chart, the
7:19
Speaker 3: daily chart, you have the red reversal barissing mentum, negative
7:21
Speaker 3: money flow, so that pullback is in the works here with.
7:25
Speaker 4: We're not that far from it though. That's the reality.
7:28
Speaker 3: XRP probably only wants to come back down here towards
7:30
Speaker 3: two twenty, give or take. Once we break back above
7:33
Speaker 3: this red line though, that's where you know, I think
7:36
Speaker 3: on the low end we're talking about five dollars. But realistically,
7:40
Speaker 3: what I'm keeping my eyes on is I think XRP
7:43
Speaker 3: is one that could go close to I don't know
7:47
Speaker 3: if it's gonna get over it, but close to a
7:50
Speaker 3: trillion dollar market cap by the time this bullmark's over.
7:53
Speaker 3: We're talking about eleven dollars twelve dollars for a price
7:56
Speaker 3: briction for XRP. That's only you know, it's it's not
7:59
Speaker 3: the ten x as coins can still do for you,
8:01
Speaker 3: But that's because xrps are you doing so well. We're
8:02
Speaker 3: still talking about a four almost almost a five X
8:07
Speaker 3: left in XRP. If I'm right about that eleven dollars mark,
8:10
Speaker 3: but that's that's what I'm holding for. But there's there's
8:12
Speaker 3: other coins that I have found easier to trade. So
8:14
Speaker 3: I'll be honest with you, I've not been watching a
8:16
Speaker 3: lot of one hour XRP charts. I'm loop mostly looking
8:19
Speaker 3: at daily and weekly for right now.
8:20
Speaker 1: Yeah, all right, let's jump over to Avalanche because Avalanche
8:23
Speaker 1: has some big news. Vanak now launching their purpose built,
8:27
Speaker 1: which is a dedicated fund to backrow world applications on Avax.
8:31
Speaker 1: This is something I have been talking about for a while,
8:33
Speaker 1: is that there needs to be more companies supporting the ecosystem,
8:38
Speaker 1: and now van k is doing that. If you look
8:41
Speaker 1: at Avalanche right now, which is up I think it
8:43
Speaker 1: was up seven percent this morning.
8:45
Speaker 2: How does this play out for Avalanche.
8:47
Speaker 1: Because it has had a huge correction off of its
8:49
Speaker 1: most recent market high.
8:52
Speaker 3: Yeah, Avax is one that there's some people who even
8:55
Speaker 3: try to use the charts to say stay away from Avax.
8:58
Speaker 3: And it's not like Shane Lee can on to have
9:00
Speaker 3: the greatest charts in the world. I would say of
9:02
Speaker 3: the three of them, Avax has the most bearished looking chart.
9:05
Speaker 3: But all of these from a fundamental standpoint, I still
9:08
Speaker 3: have major rooms the upside. I still think low end,
9:11
Speaker 3: low end. We're talking about getting back up towards fifty
9:13
Speaker 3: sixty dollars. I still see AVAX going over one hundred.
9:16
Speaker 3: Maybe make you a cage to push closer towards two hundred.
9:19
Speaker 4: And say what you will.
9:20
Speaker 3: This isn't Suie's shark, right, Avax hasn't had this explosive move.
9:23
Speaker 3: But what have they had? They have had since this
9:26
Speaker 3: low back in April, multiple higher lows, multiple higher highs.
9:31
Speaker 3: Wait till the use case of totnization starts really increasing,
9:36
Speaker 3: and all of a sudden, these coins that are down
9:38
Speaker 3: low and kind of just tinkering instead of exploding, they'll
9:41
Speaker 3: take off and they'll lead the market. The real world
9:43
Speaker 3: asset plays later this year are going to be the
9:47
Speaker 3: niche that everyone's saying, darn it, why not invest in
9:49
Speaker 3: more real ord assets. I'm about Shane link on to
9:52
Speaker 3: which I'm about Avax. Let's take a look here. The
9:55
Speaker 3: good news. When you're this overextended, you don't have a
9:58
Speaker 3: lot of room to the death side. I think there
10:01
Speaker 3: is a little bit of a barest divergence, a little
10:03
Speaker 3: bit of a sell sgal. But the only thing with
10:05
Speaker 3: Avax you can see here today that money flow have
10:08
Speaker 3: to be negative. It looks like money's flowing back in.
10:10
Speaker 2: Here, sorry, coming out.
10:11
Speaker 3: Yeah, So there's a chance that this was that little
10:14
Speaker 3: bottom it wanted a couple of days ago. I think
10:16
Speaker 3: you could. You could hold out and say, let's wait
10:18
Speaker 3: for a little bit lower. Let's see if there's any
10:20
Speaker 3: liquidations down here, the smart trails coming in down back
10:22
Speaker 3: towards twenty dollars. Let's go to the one hour chart
10:24
Speaker 3: and see if there's anything glaring right here on liquidations,
10:28
Speaker 3: big money, big volume coming in here as a local top. No,
10:32
Speaker 3: I mean still more the volumes up above again. So
10:35
Speaker 3: could we make our move back down towards twenty dollars.
10:36
Speaker 3: We could, but I would say anywhere between the twenty
10:39
Speaker 3: two dollars we're currently at and twenty dollars you're looking
10:42
Speaker 3: at a good level to move to the upside. And
10:44
Speaker 3: then you start to look at here at the weekly
10:45
Speaker 3: chart again, we still have these longer term bisingals in play,
10:50
Speaker 3: with low end price targets of forty dollars, higher end
10:53
Speaker 3: price targets back up here towards seventy dollars. Avax is
10:57
Speaker 3: a coin that I would classify right now as still oversold,
11:01
Speaker 3: and again it has a lot of a lot of
11:04
Speaker 3: reason to suspect you could have a catalyst later this year.
11:08
Speaker 3: People need to be buying coins like this on the
11:10
Speaker 3: low and not wish they did later.
11:12
Speaker 2: Yeah, for sure.
11:13
Speaker 1: It's definitely one of our by signals on Avalanche in
11:17
Speaker 1: terms of the group that we hold portfolio wise.
11:20
Speaker 2: Tim, I want to get your opinion on this one.
11:22
Speaker 1: This is of course Cardano, and there has been indications
11:26
Speaker 1: out there. I won't say that anything was nefarious, but
11:30
Speaker 1: it's the optics that are playing out right now with
11:33
Speaker 1: the Cardono community and what has happened. He obviously has
11:38
Speaker 1: denied these these accusations and he's very hurt by it,
11:42
Speaker 1: you know, and I would be too if if this
11:44
Speaker 1: isn't true, and I think the situation But the problem
11:46
Speaker 1: is is does this play well for the charts? Because
11:50
Speaker 1: crypto responds so quickly to news, What do you think
11:55
Speaker 1: is going to happen to Cardono right now in terms
11:57
Speaker 1: of chart orientation over the next few weeks, especially timing
12:01
Speaker 1: just does not seem right well.
12:05
Speaker 3: The damage that could have been done has been done right.
12:07
Speaker 3: So the fact that Cardno didn't dramatically pull back on
12:10
Speaker 3: that news kind of just did its thing. I'll share
12:13
Speaker 3: this chart this again, another great example of an over
12:16
Speaker 3: souled chart.
12:16
Speaker 4: Here.
12:17
Speaker 3: This one just bounced the other day off the daily
12:19
Speaker 3: smart trail, so all the cell signals the other coins
12:21
Speaker 3: were getting, It's already hit its level air and then
12:23
Speaker 3: again you have that money flow starting to flow back in.
12:26
Speaker 3: So I'm I'm actually you know, I saw this, I
12:29
Speaker 3: saw the news. I did some light investigation. I'm not
12:32
Speaker 3: an on chain guru. I'm a chart guy. I'm trading.
12:36
Speaker 3: I'm looking at strong reasons to invest in something not
12:38
Speaker 3: to But all signs are pointing towards it was fake news.
12:42
Speaker 3: There was a fud article written to try to hurt
12:44
Speaker 3: Charles Hoskins, trying to hurt Cardono, and when I'm seeing
12:47
Speaker 3: Paul's it didn't work. I also know in the past
12:51
Speaker 3: a lot of times fud articles like this will come
12:53
Speaker 3: out right before a bigger move to the upside. In
12:56
Speaker 3: a strange way, this actually makes me more bullish on
12:59
Speaker 3: Cardona as long as there's no evidence that comes out
13:02
Speaker 3: this said he did. If it comes out that he
13:04
Speaker 3: did steal six hundred million dollars. All right, that's that's
13:06
Speaker 3: a good news. Is he Cardato is decentraized, is not
13:09
Speaker 3: a part of him, But that would be a very
13:10
Speaker 3: bad look. But what you're gonna see happen here just
13:14
Speaker 3: alone within the cardinal community. You're gonna see the cardinal
13:16
Speaker 3: community who is the fighters. They don't let people pick
13:20
Speaker 3: on them. They're gonna rally together, the whales gonna start buying.
13:23
Speaker 3: Then you start getting to the composite man theory and
13:25
Speaker 3: manipulation talks, and you're like, was this whole thing just
13:28
Speaker 3: one big manipative move to scare a non cardinal person
13:32
Speaker 3: out of it, and all of a sudden, boom, it
13:34
Speaker 3: takes off and it leaves the rally. Yeah, this story
13:36
Speaker 3: actually kind of makes me bullish on cardio. Well.
13:39
Speaker 1: Yeah, And I think this is something anytime I see
13:42
Speaker 1: news like this, it's the psychological effect, especially when it's
13:46
Speaker 1: on the tail, either before or after a major market
13:50
Speaker 1: move with bitcoin, because I always concern myself with what's
13:53
Speaker 1: happening from a manipulation standpoint of these markets, because they
13:56
Speaker 1: can be done, especially if you look at the amount
13:59
Speaker 1: of money coming in from the.
14:00
Speaker 2: At least as well as around the world.
14:01
Speaker 1: When you look at Russia, whether you look at China,
14:04
Speaker 1: still of which are very active in the crypto markets.
14:07
Speaker 1: Speaking about that, we got to talk about DeFi, and
14:11
Speaker 1: of course one of the big platforms out there within
14:14
Speaker 1: DeFi is unicewap. The app's aggregate liquidity now all in
14:18
Speaker 1: one place. We've seen the advancement now with the ethereum upgrade,
14:23
Speaker 1: which is going to make it even easier to swap.
14:26
Speaker 1: So all of this is now pointing to unicewap also
14:29
Speaker 1: having a nice day on this market move by bitcoin.
14:35
Speaker 2: Do you like unicewap as a long term hold? Would
14:37
Speaker 2: this be in your bag right now?
14:40
Speaker 1: So?
14:41
Speaker 4: I think I talked about this last time I was here.
14:42
Speaker 3: It's not in my long term bag, but it's not
14:45
Speaker 3: because I think uni swap isn't a good hold. I
14:48
Speaker 3: don't want to hold thirty five coins right so I've
14:50
Speaker 3: kind of limited myself down about fifteen and unfortunately unie
14:54
Speaker 3: swamp is not making my top fifteen. But that doesn't
14:57
Speaker 3: mean it can't make somebody else's top fifteen. This is
15:00
Speaker 3: another one again from a fundamental standpoint, unie swap is
15:03
Speaker 3: a great play. From a chart perspective, we're dramatically over
15:07
Speaker 3: sold this This is actually a great chart to kind
15:10
Speaker 3: of show what we've talked about with some other things here.
15:12
Speaker 3: I tell everybody, when something explodes to the upside, like
15:16
Speaker 3: Uniswap did here early in May, steep steeper corrections than
15:20
Speaker 3: you would think are normal and healthy. And I haven't
15:23
Speaker 3: looked at the chart since I think the last time
15:25
Speaker 3: I was on your show, Paul, last time we talked
15:26
Speaker 3: about it. But I'm just gonna go ahead and predict
15:28
Speaker 3: right now, we have gone to or below the daily
15:30
Speaker 3: smart trail, although that we haven't even we didn't even
15:33
Speaker 3: turn it into being blue. The fact that we don't
15:36
Speaker 3: even have a blue smart trail on Uni Swap screams
15:38
Speaker 3: to me over sold, which makes it more intriguing of
15:43
Speaker 3: a long term purchase. What you are seeing here is
15:45
Speaker 3: another by signal actually coming here. There's a Instead of
15:48
Speaker 3: everything else that was positive money flow and flipping negative,
15:51
Speaker 3: this one's actually been negative and it's now starting to
15:53
Speaker 3: flip positive. So that's a very very good sign right there.
15:56
Speaker 3: I think if you go out to longer timeframes like
15:58
Speaker 3: the weekly chart, yeah, we were on our way to
16:01
Speaker 3: a buasty. It looks at the money flow's flowing out
16:02
Speaker 3: a little bit, but that daily flips bullish. It's only
16:05
Speaker 3: a matter of time before the weekly does as well.
16:06
Speaker 3: And then we're talking about targets in the short end,
16:08
Speaker 3: like early summer of back to thirteen dollars.
16:12
Speaker 4: What I would say, mac deal looks about to cross bullish.
16:14
Speaker 4: The r SiZ is dramatically.
16:15
Speaker 3: Oversold trading wise or even short term holding wise. This
16:21
Speaker 3: is another project. I would say, all right, let's let's
16:24
Speaker 3: run it through the tests. Fundamentally, is there no reason
16:27
Speaker 3: for union swap? I would say no, I think there
16:29
Speaker 3: is a strong reason to keep using UNI swap all right,
16:31
Speaker 3: So fundamentally it's a goodbye chart perspective. Is the chart
16:35
Speaker 3: saying it's dead and gone. It's not saying dead and gone,
16:37
Speaker 3: it's saying over sold. So now all of a sudden
16:39
Speaker 3: you can come into opportunity of saying, do you want
16:41
Speaker 3: to just say, well, it hasn't performed well before, so
16:43
Speaker 3: it's not going to the future, or is there an
16:44
Speaker 3: opportunity to say, Man, if something pops off, there's not
16:48
Speaker 3: a lot that has larger upside in the short term
16:51
Speaker 3: than a coin that's dramatically oversold, like UNIQ swap.
16:54
Speaker 1: Yeah, and I think that's something that as people look at,
16:57
Speaker 1: you know, these opportunities, especially if you're trying to diversify
17:01
Speaker 1: your portfolio and you're looking for those, even if it's
17:04
Speaker 1: only two, three, five percent of your portfolio that you're
17:06
Speaker 1: slotting out four tokens like Uniswaper others that have these,
17:10
Speaker 1: you know, aggressive upside opportunities, those are the ones that
17:13
Speaker 1: usually win big time. You spoke about RWA's, uh of
17:17
Speaker 1: course TOKENI is US treasuries, this is Ondo talking about
17:20
Speaker 1: this have exceeded seven billion TVL for the first time.
17:23
Speaker 2: Now.
17:24
Speaker 1: One thing is interesting is it took stable coins years
17:27
Speaker 1: to reach this kind of scale, So RWA's are already
17:31
Speaker 1: moving and there's not really a full market exposure to
17:35
Speaker 1: it just yet. So back to your point, everybody that's
17:38
Speaker 1: going to be looking at this in a year is
17:40
Speaker 1: going to be going how much of an idiot was
17:42
Speaker 1: I for not going into real world asset tokens Ondo finance.
17:48
Speaker 1: This is one I know you're into along with chain link.
17:52
Speaker 1: If you're let's now we play it to I'm gonna
17:55
Speaker 1: play to tim strengths here. I only can buy one
17:58
Speaker 1: of these tokens tim Onto NK.
18:03
Speaker 2: So what what are we gonna do? What are we
18:05
Speaker 2: gonna do?
18:05
Speaker 3: Yeah, all right, that's that's an impossible question, a tough question,
18:09
Speaker 3: one that I'm very glad I.
18:10
Speaker 4: Don't have to only choose one.
18:12
Speaker 3: But I'll twist it back on you, Paul and make
18:15
Speaker 3: it complicated by saying, am I holding it long term meaningfully,
18:19
Speaker 3: not just the next year or like ten years? Or
18:21
Speaker 3: am I looking to make a lot of money in
18:22
Speaker 3: the next year.
18:23
Speaker 2: Okay, let's make a lot of money. Let's make a
18:25
Speaker 2: lot of money.
18:26
Speaker 4: Let's make a lot of money. Let's go on doo.
18:27
Speaker 4: I love chain Link.
18:28
Speaker 3: I still think Shane Link goes you know, north of
18:30
Speaker 3: one hundred over three hundred is people call him crazy,
18:33
Speaker 3: call me crazy. But at the end of the day,
18:35
Speaker 3: it's got a much larger mark, Captain Onto. It's gonna
18:37
Speaker 3: be so much easier for Ondo to make closer to
18:40
Speaker 3: a fifteen to twenty x yere. I have to go
18:41
Speaker 3: back and look at my exact numbers with Ondo, but yeah,
18:43
Speaker 3: I think I have Ondo going to twenty dollars, which
18:45
Speaker 3: would be a twenty x Chaine leaking closer, which is
18:50
Speaker 3: just under.
18:50
Speaker 2: So yeah, it's still down low under a buck right now.
18:53
Speaker 1: And even if you look at it's low, which was
18:55
Speaker 1: really right, what was that right around seventy cents? Even
18:59
Speaker 1: if you go all the way back, what was that
19:01
Speaker 1: into November of last year, which was right before the explosion.
19:05
Speaker 1: Even then Ondo had clipped right around sixty cents. So
19:09
Speaker 1: if you were buying it today, would you add more
19:11
Speaker 1: to the bag for Ondo?
19:15
Speaker 4: Yeah, I mean I have to look at it.
19:17
Speaker 3: I haven't made a purchase on Yeah, I mean Onto
19:20
Speaker 3: pulled back already almost to its daily smart trail.
19:23
Speaker 4: It couldn't go a little lower.
19:24
Speaker 3: Yes, But like this is one of those again, I
19:26
Speaker 3: see us bullsh structure. I mean turn look so agof
19:29
Speaker 3: I see a bullish structure of higher highs and higher
19:31
Speaker 3: highs and higher lows, a suppressed price action on a
19:35
Speaker 3: asset that, like you just said, it is doing things
19:39
Speaker 3: crazy fast, crazy successful. It's almost like right now, imagine
19:43
Speaker 3: a massive store is about to open, but you're complaining.
19:47
Speaker 3: You're like, oh this, this Walmart will never make any
19:50
Speaker 3: money because they're building a building. It's like that's what's
19:52
Speaker 3: happening right now with the real asset space. They're laying
19:54
Speaker 3: the foundation. The money is going to flow like a river.
19:58
Speaker 3: Once the store opens, it's going to be crazy chounting
20:01
Speaker 3: on it. I'm banking on it.
20:02
Speaker 1: So RBA is still one of the biggest plays out there.
20:04
Speaker 1: We've talked about this for quite a while on the channel.
20:06
Speaker 1: Listen if you guys again, Thank you so much for
20:08
Speaker 1: stepping in today.
20:09
Speaker 2: Tim.
20:10
Speaker 1: It's always fun breaking it down with you and the markets,
20:12
Speaker 1: especially on days like today.
20:14
Speaker 2: So great and great to have you.
20:15
Speaker 4: Okay, thanks for having me, Paul, look forward to being
20:18
Speaker 4: backs in.
20:19
Speaker 1: Yeah, all right, you guys. If you're not in on
20:20
Speaker 1: the Diamond Circle, get in right now. It's a great
20:22
Speaker 1: place to get additional content from us, and it's absolutely free.
20:27
Speaker 2: You get an email from us.
20:28
Speaker 1: I also do special reports over there that go only
20:31
Speaker 1: to our Diamond Circle, so check it out. And of
20:33
Speaker 1: course if you're not in our telegram group, get in that.
20:35
Speaker 1: I am actually in there every day I chat with
20:37
Speaker 1: you guys. We're throwing ideas, which projects to look at,
20:40
Speaker 1: things to look at if you're looking long term or
20:43
Speaker 1: short term in this case of Ondo. But of course
20:47
Speaker 1: follow me out there on x at Paul Baron. We'll
20:49
Speaker 1: catch you next time right here on tech Path. Thank