IT'S RIGGED! CNBC Just Released The Ethereum Bulls → Altcoin Season Begins

0:00 So, you're an Ethereum guy. Do you own Bitcoin? I'm not. I I do not own Bitcoin. None. I'd rather have an iPhone than a landline. Something really interesting is happening with Ethereum. Number one, Ethereum ETF inflows are going parabolic with 80% flowing into Black Rockck. I see value in having an Ethereum ETF, meaning the most powerful man in finance, Larry Frink, is accumulating and mass. As I said, these are just start stepping stones towards tokenization. What does Larry Frink know? Watch today's whole video. Number two, just like the video in this last week, US spot Ethereum ETFs saw over $2.1 billion of inflows last week, making it the

0:46 largest weekly inflows since inception. This is a trend change, a trend reversal. I'd rather have an iPhone than a landline. Oo, is that that's like a sick burn, the kids might say. But the the sick burn is that Bitcoin has done a lot better than Ethereum over the last decade. That's wrong. Uh Ethereum has 50xed uh Bitcoin over the last decade. If the the price of Ether per Bitcoin over the last decade has materially improved. If over the last decade since Ethereum started, uh you would be 50x wealthier had you owned because it didn't include the previous 10 years. You're talking about just the last 10 since inception of Ether. No, so since the genesis block of Ethereum, if you

1:31 But if you go from the the the original price of Ether to where it is now and go back to 50 cents for Bitcoin to where it is now, well, that's not the last 10 years. We are seeing the first signs of a trend reversal in Ethereum buyer behavior. Since early July, the supply held by firsttime buyers has increased by about 16%. Suggesting renewed interest and inflows from fresh market participants. New buyers are starting to come into the market and they want Ethereum. So, the largest beneficiary of the Genus Act is Ethereum because the majority of stable coins are deployed on top of Ethereum. Now, we know from our video the other day, Trump literally just signed the stable coin bill into law.

2:17 50% of every stable coin in existence is built on ETH. Are you starting to understand? Ethereum is experiencing power law dynamics where 90% of tokenized assets and stable coins are deployed on Ethereum similar to the power law dynamics of Google where 90% of searches happen with Google and Yahoo gets a small percentage or Bing gets 1%. What do you think the biggest risk is to this new business of yours and to Ethereum itself? And number three, do not just read headlines but look for signal. This is a clip with SEC chair Paul Atkins which is going viral. This should give you some idea of not where Ethereum is today but where the regulators see ETH going in the future. And when you ask me which

3:04 I've heard many questions from you, you are asking me what should we expect? When should we expect altcoin season, altcoin season is coming. It happens every cycle. And it will not just be Ethereum that benefits, but other quality altcoins. You see, right now, Ethereum gas fees are cheap. Actually, Ethereum gas fees are very cheap. Even though Ethereum is slower, it's older tech. It's not as fast as Binance's BNB, for example, or Salana. The masses aren't here to crypto yet. We are still early. The masses aren't here. So, nobody's really transacting. Meaning, the network is not congested. The masses aren't here yet. This can be verified by looking at Google Trends, typing in Bitcoin, seeing Bitcoin search or

3:50 interest over time over the last 5 years. It's an uptick, but people aren't searching yet. Once the masses get here and Ethereum becomes expensive, we see this every cycle. Number one, for years and years, Bitcoin is king. Stack, stack, stack. There is no second best. There's no second best crypto asset. There's a crypto asset. It's called Bitcoin. Right. Right. There's no second bet. Bitcoin price goes up. Then number two, wait, Ethereum has utility. Look who's building on it. Underneath the stable coin industry is Ethereum. It's over 51% of stable coins and 30% of all fees on Ethereum are actually stable coin revenue. Price goes up and the ETH network gets congested. Then number three, altcoins are faster and cheaper. These high cap

4:36 coins are the next Ethereum. That's when Ethereum L2s or quality layer ones like BNB, like Solana will take flight. And then of course, number four, we see this every cycle. I need dopamine. I need gains. Let's yeet into these smaller coins. Prices go crazy. We hit a prolonged probably 8 to 14month bare market. And then we repeat. Once the Ethereum network gets congested, which it will, it always does, that's when quality altcoins will have the renaissance, quality ones. So, before I share with you this signal, and in preparation for altcoin season, which will happen, markets are cyclical. Let's highlight quality projects building and take 2 minutes to highlight sponsor of this segment of today's video, Burn Me

5:23 Metverse. They are pioneering real world and virtual connections via AI, GameFi, and Web 3. In fact, some say they are the best MMPG game in crypto. They're an established game that has been building for multiple years, meaning number one, almost all of their supply is already out, so no hidden dilution. They're also backed by quality crypto exchanges like Mexi, like Gate.io, like BitGet. And they're not stopping. They just had another listing and like I said, they've been around for years. Many of you are already excited about this and this looks cool. I think this looks cool. Would you play something like this? It's in open beta right now. I believe it's going to launch within the month on iOS and

6:08 Android via the Play Store and Apple Store. So, it's coming. Anybody can play open to all users as well as up to $10,000 reward pool. And what I specifically like with burn metaverse where other metaverses and crypto games failed is that unlike other crypto gaming projects which inflate their token supply with rewards, meaning price just keeps going down cuz everybody gets the coins as rewards and then that's only sell pressure. Burn rewards players directly with stablecoin USDT. And they also have a deflationary model. For example, players can earn ERA, the official in-game currency, with a 5% discount by burning burn. This creates a powerful deflationary model, further

6:54 tightening the 28 million limited burn supply. And every month, 10% of fiat income from the game wallet will be used transparently for burn buyback. Meaning, think of it like sort of a built-in auto buyback mechanism. In the AI space, they're also working on wearable technology integrated into the gaming ecosystems. And also on the web 3 side, Burn is developing something called Brain, which is a messaging app sort of designed to rival Telegram. Introducing Brain by Burn Meet, a groundbreaking platform set to redefine your metaverse experience with unmatched security standards and fraud prevention mechanisms. This is launching soon. Link down below. highly recommend you check

7:40 them out because the signal from new SEC chair Paul Atkins which is going viral now has never been clearer. So similar to Bitcoin, I mean the SEC has uh uh stated uh informally more than formally uh that uh ether is um as not an a security and so but obviously the um ETH blockchain is uh you know very key uh uh component for a lot of other digital currencies. So, you know, it's it's up to uh companies uh to decide where they want to put their money and what sort of strategy they have. Obviously, not for me to tell them, but I think it's encouraging that uh uh uh these sorts of digital assets are being embraced uh by

8:27 the marketplace. So, a very pro- crypto SEC chair. And the reason this is signal and not noise is because he's saying that the SEC has unofficially declared ETH not a security. It's pretty accepted in the marketplace, but we are still waiting on the official confirmation of ETH and then others. A lot of that is coming in the upcoming market structure bill clarity act coming hopefully this year. And while Bitcoin just had its uptick and now does a healthy consolidation, quality altcoins are starting to pop off by Solana in the uptick. And check this out, Justin. Solana futures volume hit an all-time high on Friday. About 500 million of

9:13 soul traded. Soul spot ETFs are coming very soon. This is significant is because institutions right now want exposure to Solana. They don't have spot exposure, which is buying actual sana. They have futures exposure, which just trading the ticker. When they actually have spot exposure, we see the clear demand. Also, quick piece of news for chain GPT. If you're bullish on AI cryptos, you'll like this. Magic Eden, which is, I believe, the number one NFT marketplace for Salana, has embraced AI with Chain GPT. All NFTts created on chain GPT can now be listed directly on NFT collections on me. Meaning if you

10:00 create an NFT collection with chain GPT immediately you can list that on the number one soul marketplace powered by chain GPT. Their AI NFT generator transforms simple prompts into minted art collections. That's cool. And always take advantage of the freebies when you can. This is your last full week to lock in your points. Up to 10,000 Chain GPT tokens. CGPT is up for grabs until August 1st. Don't miss these rewards. All for just participating. And I found this projected growth for Ando Finance really interesting. Ando put this out themselves. What stable coins did for the dollar, Ono is doing for

10:45 securities. Obviously, institutions in part use Onondo to bring securities onchain, tokenized securities. The vast vast majority of regulated financial assets will settle on blockchain rails in the future. That's not a crazy prediction. And whether it's the optimistic scenario or conservative scenario, this is the estimated growth in tokenization through 2033. This is a bull market and it'll last decades. Click subscribe to Altcoin Daily so you never miss a video. One video per day will keep you informed. And like always, see you tomorrow.