Transcription
Hey, what's up guys? Welcome back to the channel. Today we're talking a little bit about Luna Classic. Again, there is some very big news on that front. Uh stay tuned towards the end of the video. I also have a little bit of a free surprise for you. Uh you don't want to miss that. And yeah, let's get into the video.
So, here we are, guys. Uh Twitter post from Luna Classic. Just closed the Google Meet with Booy Labs. They confirmed Classic DEX goes live with Bitcoin, Ethereum, Salana, cross-chain support on day one. No waiting, no excuses. They locked in the deal. The cheapest DEX platform to swap anywhere undercutting Uniswap, Radium, everyone. Lowest fees plus per trading plus bot trading plus auto burns on every trade. And that will burn that burn off that excess trillions of Luna Classic and USDC which uh in the past were generated by that by that massive massive crash we had. And yeah, this is one of the ways that they will start to burn that excess off which will in turn increase our value with the added volume and value of the DEX platform itself. Luna Classic, Terra Luna Classic and USDC uh could or ba basically USDC could become repegged again and it will take time. It will not happen overnight but this is a fundamental change a fundamental product. I have I there is no defin definitive date on when it goes live yet but they have confirmed that Booyaps will be developing developing it for them and uh basically the plan is in motion right now and it will start to provide they they released the full um the full white paper road map etc the full documentation on this I have shared this on my own Twitter channel investing frankly it is here the document documentation of the technical proposal from BoostyLab. So if you want to check that out, you can check that out. You can click it on my Twitter channel, investing frankly without the A if you want to. Of course, it is a very extensive document. I looked through through it. I used a little bit of AI to uh to summarize it and I think it looks good. I think it's legit.
Um I of of course I am relatively positive on Luna Classic. Uh I I think they have a serious shot at rebuilding their platform. Like I said, it will not happen overnight. It will not be an instant uh an instant massive increase in price, but with the current market cap that they have only 235 million, there is a lot of room for growth. There is a lot of room for growth. Much smaller meme projects have had much much bigger market caps. Of course, it had up to a $40 billion dollar market cap in the past. Uh I'm not saying that will hit it will hit that instantly, but there is a path to growth. There is a serious path to growth. uh a DEX platform which undercuts all the other platforms uh which is a very good strategic move because they need more volume and this will definitely draw volume if they offer the most important crypto, the most traded crypto, the most volumetraded crypto and they undercut everyone else and all the fees generated go back into the project by burning tokens. I mean this this is very good news. This this would make any single deck trader want to trade on this platform. Uh there's also another upgrade on the way. This is by my standards. I think I think we have a serious shot here in 2026 for Luna Classic.
And let's just grab the the regular chart. I mean, if we zoom out a little bit more. I mean, I think POS personally, I think we're at the very bottom. My indicators is agreeing as well. There's a lot of buying strength around this area. Like I said, the market cap is tiny. Like, if it had a $2 billion market cap, I would still be buying this. And it's at $200 million. So, if we go to that $2.3 billion, that will be a 10x on your investment. There are not very there are not a lot of crypto projects out there right now where I would wager it has the potential to do a 10x. U only a few of which I make videos have that potential. I think this is one of them and possibly even 100x play if it does gain enough momentum to to actually grab billions of dollars of volume again.
Now, like I said, will not happen overnight, but I was talking to a friend earlier today and uh we were talking about like what is the crypto you were reminded of like 10 10 years ago or several years ago when someone said like, "Hey, buy this and that Dogecoin at 2 cents and stuff like that," which I had. And uh basically the the crypto that could have made you a millionaire if you only just bought and held it. And there there have been several I could have just bought and hold at that time. And uh I I made profits on them, but I sold them. And I have learned from that. I am not I'm not selling long shots like this. This is this is something I I call it a long shot. It is a long shot, but this is a play I'm willing to hold for the next 10 years. I think the team is dedicated. I think they're dedicated to growth to to increasing all these these factors, the volumes, the exchanges that they're traded on. There is serious build momentum here. They are they are delivering they are delivering on their products. The sorry Kraken exchange which reversed their exchange their decision to glist um I think the people have spoken on that and hype is increasing more and more and more. We see I'm seeing more and more Twitter posts again. Uh, of course I myself am posting about it as well or retweeting but the fact that it is gaining so much momentum. The volume the volume traded with it is also increasing those are all very telltale signs. Now the price itself is not moving yet but all altcoins aren't like every single crypto right now or altcoin is at a low. So this is the time we need to be buying. This is the time we need to be buying what we want to buy. I wanted to buy this. I have bought this uh maybe scaling a little bit more but I think we have serious potential for an upside here and like I said this indicator is also indicating it and it indicated it before this pump but I I it the price is almost there. So it is I still think the price is very undervalued right now. It is overstretched to the downside especially like if we zoom out a little bit more. Say we grab that weekly chart and of course from its initial downturn you cannot really compare it. But even right now I think we're very stretched to the underside. Low very low market cap very realistic market cap I think. And if we grab that indicator, I think we have we we know what we know what we're looking at. I don't even need to do my own analysis on this. Let's grab that. Zoom in.
So like maybe maybe wait for a little bit of a dip to towards these these bottom bands. Uh which could happen. Technically today prices are moving up a little bit. Like we are slowly slowly gaining some volume back but it's not very very noticeable yet. But pair that like maybe we get a little bit of a cool down and and a little nice buy back here. Little dip moment. But my next buy will probably be towards a little bit towards the end of the month. So I'm kind of on the fence about that. But I basically I bought this dip. So I would be buying back more expensive but in the long haul I think the prices right now are very very undervalued for uh for this project. Very interested to see what happens. And also if you remember before the basically the the t the the the mini correction on Bitcoin when Bitcoin wasn't all high. We saw that these DEX platforms were gaining a lot of momentum like Aster SNX. Those were projects that did really well at the time. When I called SNX, it did like a 200% climb shortly after. Aster of course also went completely bananas with B&B also going very high at that time. And that was based on that DEX trading narrative where an anonymity was the key. And don't forget like the EU has incorporated laws that uh CEX platforms they have to now share everything about their trades and profits etc. So these DEX platforms I think are going to have a narrative in the future as well. I think that will be very telling, very important. And if they're the cheapest, fastest, and one of the safest ways to trade because basically the money goes back into your wallet and not held on an exchange platform, um that is technically safer. We have seen in the past that these platforms aren't always as safe. So this is also I think a right move from uh from Luna Classic by building a DEX platform. I think they have anticipated the market very well. So, I'm very interested to see when it comes out, when it's fully functional, and when you can actually trade on it. But I think they hit the they've come out swinging.
By the way, guys, also, if you like this indicator that I've you that I've used in the last few videos that I continue to use in all my videos, basically, uh it is basically a buy and sell indicator. It is a combination of a lot of different indicators like Ballinger bands, RSI, A EMA, SMA and all these other indicators, but it combines them and it gives you buy and sell signals. Now, these are not solid buy and sell signals, but they indicate reversal zones. So, this call that it had here indicated a very high move, very high chance for a reversal, and obviously it did just that. But it did similar here and it did similar there and it did similar here. And you can see what massive volatility it called and it had correctly. And it increases accuracy as more as long as volume increases. So for for day traders, this is actually even better than what I use it for. I use it mainly for my DCA moments. Very cool indicator. I have a link to it in the description down below. Also, uh if you open that link, you see a video of me uh going more and more in depth on several time frames on this indicator. So, you can check that out if you want, if not completely fine.
Also, I told you I had a free surprise for you. Uh I have a completely free Discord server. I've been promoting it for a little bit now. There's already a few few very good people in there. Uh you can click the link in the description down below. I have the link to the Discord is in there as well. Feel free to join that. It is a completely free server and uh yeah, I hope to build up a fun community with like-minded traders, like-minded people like me uh who are looking for these fundamental tokens, these fundamental projects out there where we can gain a nice uh gain a nice return and also help build basically build back up that crypto ecosystem. And I think a DEX platform fully functional, cheapest with very high potential, and a lot of people still know Luna. And I think a lot of people are rooting for this underdog. So, let me know what you guys think. If you uh yeah, you can leave a comment in the comment section. Hit me up on Discord, Twitter, whatever you like. And um yeah, if you want to do me a massive favor, please leave uh please hit that subscribe button as well. And I'll see you on the next video, guys. See you.