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BITCOIN AND ALTS: HISTORIC MOVE AHEAD!!!!

Ivan on Tech45:26

Transcription

Yes. Yes. Guys, welcome to another episode. And as you can see right now, we do have a very interesting situation on the chart. Bitcoin got a bit rejected during the last few days. We got all the way down here to 117. And guess what? This was super, super, super bullish. If you've been watching me yesterday, if you've been watching me on Twitter, I've been telling you, buy the dip. Buy the dip. Buy the dip. Why? Because also here, we have now closed the CME gap, guys. It's very important. We did close the CME gap. We now can continue mooning to the upside in a very, very, very nice way. And, uh, this is what we wanted. We wanted to dip all the way below right here. I mean, it went all the way here to 117.5. And now, as you can see, once we dipped here, we can continue to the upside. So that's number one.

Number two, number two, you know that today we have a very, very, very important meeting between, uh, Putin and Trump. It's going to be super interesting to see what will happen. I think mainly there's only upsides possible here. Many people in, you know, in the western politic, in the EU, EU obviously, they don't like that Putin and Trump are meeting. They don't want those two to meet without them, and now they're kind of feeling excluded. So there are many opinions: Should this meeting happen? Should this meeting not happen? But I, as a trader, as an investor, I see it from a risk-reward perspective. What is the upside? The upside here is that we do have a big fat, very, very nice ceasefire. Okay. So that's number one. That's the upside. What's the downside? The downside, nothing happens. We go back, they go back, nothing happens. They cannot agree. So in this situation, from a market perspective, we do have a nice setup with quite a good upside. Basically, infinite upside. And what is the downside? It's quite limited. The downside is that they meet, that's it. They drink a bit of coffee, they go home, not agreeing, that's it. Maybe that's what's going to happen. I don't know. Maybe Trump is making a mistake here with missing. Like, there's so many opinions. I mean, especially if you watch the western woke media, they don't like it. They don't like it. They don't like it. But listen, Trump is saying Putin is ready to make a Ukraine deal before the Alaska summit. Donald Trump said he believes Putin is ready to make a deal on the war in Ukraine as the two leaders prepare for their summit in Alaska. But what would he do? What would he do? Because if he invites all of the vaccinated EU guys, nothing's going to happen. I mean, no one is ever going to agree to anything that. So anyway, let's see what will happen. I think from a market perspective, we're looking at a very nice setup here with, uh, infinite upside, very limited downside. I don't know what kind of downside it would be, what kind of escalation can happen in this meeting. There will likely be no downside, only upside. But guys, volatility, volatility, volatility. Keep in mind, today we'll probably have volatility, uh, because the whole world is watching. What are they gonna say? What is going to happen? Markets are likely going to be boop, boop, up and down. But all in all, I think that we're in a very good position, and you should follow on Twitter because on Twitter, I was yelling, was literally yelling yesterday, Bitcoin will close the CME gap at 118. This was yesterday, um, when everything was going down. I said then, Valhalla, big, big Valhalla pump, all parabolic, big time. It's true. It's been true. It's been true. So go and follow on Twitter.

Also, yesterday you did see Scott Besson come out and say that they will be establishing the reserve. Finally, they will be doing that, and they will be buying Bitcoin. Okay, they will be buying Bitcoin. They're going to explore budget-neutral pathways to acquire more Bitcoin, and it can be many different ways. They can probably use the tariff income. They can probably use the gold reserves to convert into Bitcoin and much, much more. Because remember, Trump has all of his net worth in crypto. So obviously he wants this to happen. He wants all of the possible ways, budget-neutral ways to go in and pump Bitcoin to the sky. And this is a very bullish thing. I feel that it kind of went under the radar yesterday, but he basically said that they will be buying Bitcoin. He's saying budget-neutral, but there are many ways to do budget-neutral. Many, many different ways to do budget-neutral. So let's see, let's see what's going to happen. And yeah, they're going to take all of the gold, they all of the Bitcoin they have now that they have seized in all kinds of different cases, and they're going to put it also in the reserve. So let's see, guys. Tariff, gold, buy Bitcoin. Maybe that's what they're going to do. But there, just to make clear, there are many, many different ways to do, uh, budget-neutral, uh, way of buying Bitcoin. Many different ways. You can convert gold, you can convert other assets, you can maybe use it in tariff income because it's kind of, you know, extra airdrop. Let's see what they will find out. But likely, they're gonna buy Bitcoin because Trump has a lot of Bitcoin, and that's very, very, very, very nice.

Look here, my friend, quietly with zero fanfare, Bitcoin closed the CME gap at 117.4. This was the final step. The captain has cleared us for takeoff. Please fasten your seat belt, stow away your trade table, and shut off and put away any large electronic device. All the bears, remove all the bears. It's time to, it's time to go. Valhalla is here. I think it's a very, very good analysis what's happening right now. What we're seeing now is just, you know, daily volatility, daily price action. But many people are so scared. It's crazy. When we went down to 117, I had many people scared, right? What's going to happen? What's going on? Is it the peak? Is it the peak? Some people were even comparing this, uh, yesterday, what happened yesterday to the 2021 top. They were saying that, oh, it's the 2021 top repeating, where we went above all-time high for like an hour and then we went into a bear market. I don't think so, guys. I think that we have now the last leg of the market starting. It's going to be the most parabolic leg. It's going to be the most vertical leg because normally that's how it is towards the end of the bull market. More and more and more vertical price action is seen, and altcoins are going to go absolutely ballistic, parabolic as well. So I don't think it's the end of the bull market. But listen, everything is probability. That's why, uh, we don't, we don't predict. If you were in the webinar yesterday, by the way, let me know if you, if you've been yesterday. But, uh, I said yesterday in the webinar, predictions, they're not that great to make. Why? Because you need to do two things at the same time and be correct on both. You need to predict what will happen, which is in the market super hard, and when it will happen at the same time, you have to predict. So don't predict, just follow the trend. We have a nice trend now to the upside. So, as long as we're bullish in the trend, I know that with the highest, highest, highest, highest, highest, highest, highest likelihood, we will continue.

And look here, guys. The reason why I think we're going to see an explosive, historic move as well is because Bitcoin does not pump too much. I mean, it didn't pump a lot since the breakout here, which means that we have a lot of pressure. This is like a beach ball. Beach ball. Uh, you try to push it down in the water, it comes back. And the same thing is here. There's a lot of pressure here. Uh, you see how much we're testing this, uh, this resistance is crazy. Once we break it, guys, it's going to fly. It's going to fly. The longer the chop, the bigger is the pump after the chop. And there's a lot of chop here. Five weeks of chop at around 120. It's a lot, guys. It's a lot. So once this breaks, it's going to get crazy. Likely we're going to snap very quickly towards 150.

Guys, we have a lot, we have a lot to discuss. We're going to go soon into altcoins, into ETH, into gaming, into Solana, and so on and so forth. But I want to welcome everyone who's watching live. Fantastic having you all here. You know, every morning we're here. Thousands of people here. It's fantastic, guys. Thanks for being here. Very, very nice. Big shout out to Dub for time-stamping us today. Great having you here as well. Looking at the links below in the description, you should check out WEX because on WEX you can go long, you can go short. It's kind of like buy, but no KYC. If you don't like KYC, then WEX is for you. Let me know in the comment section if you like it or no, because if you don't like it, then sign up for WEX, get this bonus, and you should get it right now because next week we will likely have a competition on WEX, and whoever gets the highest P&L will get an additional prize. But, uh, to participate, you need to get the bonus. So do it right now, as soon as possible. The link in the description, you're going to see for WEX, it is like this. So click this one. Number one. Number two, you have the Pionex nice signup bonus as well. And this week, we actually have a Pionex competition. You still have two days to trade, and you need to open bots of 100 USDT or more. And we do have now the leaderboard here. This guy, More something something, is up 200%. This guy, Free something something, is up 150%. So if it stays like this, then this guy is going to get the first prize. Then the second prize is the second guy, third prize, and then all the way to the 10th guy, all of these people are getting prizes. So, the same thing, we're going to do something similar with WEX next week. And of course, if you have already everything set up, it's fantastic. It's fantastic. So, use the link below. And, uh, you also can copy, can copy my bots if you want. We did adjust the, uh, the ETH bot the other day. Bonk. Let's see what else is going to happen to Bonk. Maybe if you copy it now, you're going to have a crazy, crazy good, uh, good entrance. But, uh, you always need to ensure that you're not liquidated. Here we have extra margin, but it's the only, like, black sheep in the family that is not doing well, but I think it's going to do well nonetheless. It's going to do well nonetheless as the memes come back, as the altcoins come back, and it's always a risk with these coins, but if you copy it now, and I'm pretty sure it will recover, you're going to have a crazy, crazy entry. Uh, other than that, everything else is doing very, very, very well, and, uh, except Cookie, another black sheep is Cookie. Is Cookie and the Bonk that you have, big, big, big discount, but I think both of them are going to be in a big, big green profit because we had this many times that bots are at a loss, and sometimes big loss, but because they are buying the dip, they recover also quite quickly once the market comes back.

But on this note, guys, let's move on to the, uh, to the markets. Let's move on to the markets and, um, and see what's happening. Number one, uh, you also, by the way, you also had this PPI, which is ridiculous. You know, PPI comes in, some inflation, some this, some that, but the market reacted so much yesterday on this PPI inflation. But at the end of the day, they still going to cut in September. And just like this, Bitcoin is saying, responding to every piece of news is so childish. Exactly. It's too childish. It's people are so worried. The CPI. Listen, they're going to cut anyway. Now, there's no excuse not to cut in September. Rates are going to be cut, and, uh, it's going to be in a very, very nice way. Big, big, big way. And, uh, it's going to happen. There's no way it will not happen. And by the way, as we see this market go on, you will see more and more and more people forgetting about the downside. Now, as long as there's, as soon as there is a small dump, everyone's freaking out, which also means that we likely will continue pumping. Uh, but as time passes, you're going to see more and more people progressing about the downside. And you need to be careful towards the end of the bull market, and it's going to be likely in Q, end of Q4, that you really need to be careful. But for now, so many people are worried. As soon as we have a day, you know, minus $1,000, everyone has a million reasons why we're going to go down to zero. So, bull markets don't end like that. They don't end with this anxiety that everyone is anxious. As soon as a bit of a dump, everyone takes profit, tries to try to rescue themselves. So that's another reason why I'm super, super bullish. The coming days, the coming weeks, the coming months, I think we're going to pump. We're going to pump heavily.

Now, let's go to L1s. If you love gaming, we have a lot of gaming news today actually, because Ronin now has a transition from being an L1 to an L2. And this is what I've been predicting as well. You remember a few days ago, we discussed all of these L1s that are starting. I told that long-term, they either going to be on Solana like apps on Solana, or they're going to transition to being L2s because you want some kind of network effect. And Ronin now did as well. They're now an L2. They moved from being L1, now they're going to be L2. And they said, four years ago, we built Ronin because Axie Infinity needed a faster, more efficient network. ETH was still early and didn't scale. It was early in the scaling roadmap. Necessity was the mother of our invention. However, things are different now. Ethereum is back. Transaction costs and speeds are better than ever. We're in a new era of growth, and Ronin is ready to rise. Gaming will always be there. This and that. Ronin will become a fully fledged ETH-aligned L2 by next year. So, we're going to move to L2. Let's see what benefits they're going to get. I mean, for the end user, there's not going to be too much difference. It's just another chain. Uh, but I think it's going to be easier for them to do secure, secure bridge and stuff like that. Uh, so Ronin will become a multi-purpose chain with apps beyond games. So, just, I mean, the difference for the user is going to be like nothing, but transactions will be 10, 12 times faster, and we'll benefit from ETH's robust security. So maybe this is what you're going to notice: transactions 12 times faster. I mean, that's super nice, actually. Ron staking rewards will now reward builders via a new proof-of-distribution model. So, some changes to the coin. Ronin's homecoming is an opportunity to adjust our sales before embarking on a new venture. Proof distribution is a novel mechanism that reallocates staking rewards from passive validators to active builders. Okay, that's actually good over. So, basically, what they can do now because they don't have to run the actual chain themselves, they are L2. So now they can use the coin. They're more flexible what to do with the coin. You then they don't have to only use the coin for their security and stuff like that. They can be more flexible what to do with the coin. For example, they can reward the builders. So, over the past couple of years, strong rewards have flowed to governing and regular validators for securing the network. Exactly. Now you don't need it. Now you can reward builders. Timeline and roadmap. You can read here, start building on Ronin, this and that. Uh, yeah, I mean, I think it's natural. It's natural that you move to ETH. So, yeah, you're an L2. I don't think ETH is going to get too much out of this. Like with all L2s, they get so little. But for Ronin, they will. Yeah, they now can focus on the app instead of running the chain. And sooner or later, more and more of these L1s that are starting now, like TradFi, either they're going to go to L2 or they're going to migrate to just building on Solana.

Look here, you have quite a lot of ETH now in the unstake. $3.2 billion is getting unstaked from ETH, and there are many different reasons. One reason has to do with all of this staking on-chain, all of these protocols like Lido, Staked ETH, and so on and so forth. And there's a lot of unstaking because of some concerns with how this staked ETH is going to be in relation to ETH and this and that. I mean, you can read more in-depth, but something that is very common is that you stake ETH, you get this staked ETH token, and then you can stake it again, and you get like this looping leverage going on. And when there is a bit of concern that the price will go down or something will happen, uh, a lot of the stakers that are looping, they're staking and then staking the staked coin, and then they get another stake. So they need to unloop it, and they need to take a bit of precaution, they need to manage risk. So that's what's happening right now. Uh, but the biggest reason, the biggest reason is profit-taking after the massive ETH rally. I was lazy to investigate, he says, who is selling, but as long as DAOs and ETFs are buying, it doesn't matter. They can absorb the selling. So, as long as ETFs are buying, they can absorb all of this. And while unstaking is at all-time high, so is ETH inflow. So likely this will balance itself out. But, uh, always keep an eye on this unstaking because you see how much money is flowing out from the stakers into the market, and then if ETFs can match it, it's very, very nice. If they cannot match it, we may see a bit of sideways or or or pullback. In terms of how much ETH it is, it is 700,000, 718,000 ETH right now in the ANSQ. So let's keep an eye on this.

Then, in terms of Solana, there's a new website tracking all of the treasuries for Solana. So the biggest one currently is Apex at $369 million. Then you have this DeFi development, Eye Specimen, and different other ones. And with Solana, you also have this new project Kora. It's a part of the core Solana development where you don't need to pay fees in Solana. This is a way for devs to use this Kora library in order to allow their users to do transactions without having the gas. So, basically, it's fee abstraction for Solana, and it seems to be just like a simple library to do it. Um, and obviously, let's say that you have an app where you send stablecoin. I hate when you need gas coin. It's a problem on all of the million chains. You have some stablecoin, someone sent you, or another coin to move it. Now you have to fund it, the gas token, this and that. It's horrible. It's horrible. So if we can remove the need for the end user to do it, and instead it is abstracted away, maybe the validator has sold that they insert for it, or something else happens, it will be fantastic. It'll be fantastic. I know ETH has been trying to do it for a long time, but for now, with all of the account abstraction progress, it hasn't really, I mean, there are ways to do it on ETH also, but wallets have not adopted it. MetaMask has no one has adopted this tech for moving gasless, for moving tokens and everything gasless, but it is possible. It is possible. So wallets should be adopting it more and more and more. But yeah, here is this library reference implementation for Solana relayer provides. So you need to run this server that basically takes in the transaction from the user and then adds a Solana as gas, and then, uh, I guess they also extract some funds from the transaction or the developer. I guess the developer has to pay it. Developer sets up this server, this relayer. Then users send transactions to it. Developer, this relayer server then funds it with Solana, and then the dev pays for it. So dev can offer their users a nice experience without, uh, yeah, without gas.

Next, next, look at this gaming as I told is coming back quite nicely. So investors target fund for crypto games as funding jumps 84% in July. Web3 gaming funding streamed back as daily unique active wallets rose 2%. When you look at different games, so I'm telling you that there are things under the surface that are bubbling. The average Joe doesn't understand it yet, but when it comes to gaming, it will come back. It will come back in a big, big way. You see the first signs of it. We did discuss Star Atlas launching their Zinc SVM yesterday. So they are comfortable now to launch, meaning that they see the market being good enough to launch, and there, so are so many other games. They have been waiting for good market environment to do something, and they see that, okay, now the market is coming back. It's very, very, very nice. You can read more about the Zinc here on their Twitter. We discussed it yesterday, but also they did launch this Holism. So if you want to earn USDC by playing a game, you can go and you can play Holism. It's their browser free-to-play space strategy game. You can check it out. And, uh, I think this will be in some way also connected to the Zinc airdrop as well. I'm not sure. But this is something to be involved in overall, like Star Atlas now. You have to be involved because there's a lot of things happening, a lot of things, including the Zinc. So go and rewatch from yesterday if you haven't, because we, I had like a five-minute segment on Zinc. But all in all, they are putting their game logic on a separate SVM because there's going to be millions and millions and millions of transactions just for game logic. All the assets of Star Atlas are on Solana because that's the internal capital market. And then Zinc is for all of the audit trails of exactly what happened in the game, which moves took place, who moved what, who did what kind of action in the game. All of this is going to be on Zinc. And also the identity, civil proof identity. You can check it more. But yeah, this is going to be a bigger and bigger sector as the altcoin season comes back because, you know, we in crypto will love gaming overall. We in crypto love gaming. The crypto average crypto investor reacts very nicely to gaming. Maybe it is because we are from the gaming generation. We played a lot of games when we were when we were teenagers and growing up. This is the same reason. And it's interesting psychologically. I've been thinking about it. Why is this guy on on, uh, let me find it on YouTube, so popular doing Runescape political videos? Okay, let me, he, by the way, he had a new one. Let me play it. Let me play it too. The K Stalin. But this is the same reason. This is the same reason he has such a big, he gets such a big audience based on this. Let me one second. One second. One second. I will do like this, and then I will do like this. I will do like this. Okay. Then I will go back, and I will go back. Okay. Okay. Okay. Listen to this. Listen to this. Uh, the scene, this refresh is the worst admin the UK server has ever seen. This is why he's such a bot and won't be admin again next season. So, everyone knows that K Stin loves VPN players. Since he has been admin, he has opened the server for other regions and rewarded starter loot boxes to VPN players on arrival. This loot box includes brand new phones, new cosmetics, and a level eight hotel base. This has caused a lot of angry UK players to raid these POIs, as OG UK grinders are still rocking tier 1 Primark skins and they get no loot boxes at all. But here's the thing. Back in chapter 2003, Bro grinded as a human rights player. This was to keep VPN players in the server. So, Bro's been practicing this ult for a while, but since he was made host, he's been bottom fragging on all of the polls. Absolute bot. Bro's on one health and no one's ready. I love this a lot. This is my favorite TikTok. I'm binging this guy. But back to the point here, that how come that he's doing politics, but he's doing it as a game, as Runescape? How come that it works? It's because all the viewers now, I mean, everyone who is like 30, 40, has grown up in one way or another with gaming. And so automatically, it feels very cozy. It feels very nice. And the same thing is in crypto. All these crypto games, they are now speaking directly to everyone who's been playing games when they were growing up. And obviously, it's super nice. It's super cozy. And I think we're going to see the next generation of games. But let me know about what you think about this. About the loot box. About the loot box. Kier Stalin. Stalin is the worst admin the UK server has ever seen. This is why he's such a bot and won't be admin again next season. So, everyone knows that Karin loves VPN players. Since he has been admin, he has opened the server for other regions and rewarded starter loot boxes to VPN play. Yeah, exactly. Exactly. Exactly. I mean, it's a political video, obviously. You pay all the tax, then Abu Jafar comes with the VPN boat, gets the loot box. You don't get any loot box, but Abu Jafar gets the loot box. Anyway, what is this accent, by the way? What is this accent? It's a south north. Which UK accent is this? I love it. I love it. I love it. Guys, listen. This is the zag of today. Let's keep an eye. Let's keep eyes open. North Yorkshire. Okay. Okay. You're, let's keep the eyes open today for this meeting with, uh, Trump and Putin. Let's see what's going to happen. Could be a bit volatile. Could be a bit volatile, but all in all, massive upside, very limited, if not zero downside when it comes to this. And, uh, yeah, Bitcoin is breaking out. I'm going to go towards towards 150k, and it's going to be very, very, very nice.

But guys, let's go to Q&A. Questions, answers, debates, discussions. Big shout out to Dub for time-stamping us. And again, check out while you're thinking about questions, check out the WEX link below, number one. Pionex link below, number two. You can copy Pionex bots. You see this link right here. You have Pionex tutorial. Oh, by the way, free Discord if you want to join that. And another thing is Bybit. By the way, I have some news here on Bybit. Different, they have new order types, basically. So if you want to deploy a large trade, let's say that you have a large trade you want to deploy, you can use TWAP strategy. Basically, it divides it into smaller orders and executes them at regular time intervals. Let's say you want to buy with, you know, 10k or 100k. I mean, really, this is for institutions trading like with millions, but it will basically create a lot of orders that will be executing with with set intervals between them. So this is TWAP. And then you have Iceberg. It's another type of order, also mainly for big, big trades, uh, but it's all in all that you just show a portion of the trade in the order book, and then once certain conditions hit, then you know, you deploy your whole order, and this is why it's called Iceberg, that you only show a small part of it. So you don't affect the market by showing your full order, and then when certain conditions meet, then you, yeah, you enter with the rest. But, uh, it's ideal for market makers. Uh, so yeah, a bit of trading education on different order types.

Guys, on this note, let's go to Q&A. Yo, Kevin, Kevin, Kevin, the dips, dips make it make the plums grow juicier. When is harvest time? We'll take. Okay. Okay. Yes. I don't know the what you mean exactly, but I guess it's an analogy. We're going to pump. Yes. Uh, Kapionex, go to activity center, top where the present box and click. Oh, yeah. Exactly. That's good. That's good. Sharing some tips and tricks. Best stablecoin. There are no best stablecoins. I mean, they're all centralized in one way or another. Uh, but, uh, what is the best one? Maybe USDT is still the best one because they're a bit offshore. They don't care as much. Uh, but they, they are, they are, they are also now in the US. They're super US now as well. I mean, there are no like best stablecoins, guys. It's, uh, you have to choose the evil, the evil that you take, because they're all centralized. Can all freeze your account. Maybe DAI, but DAI is backed partially by USDC. So if something happens to USDC, DAI is in big, big trouble. So, and all of the decentralized stablecoins, those are algorithmic. They have a risk that they could depeg time when the market gets crazy enough for them to depeg. That's why DAI started from the start as a fully decentralized, just backed by ETH. But then when ETH dumped 80%, I think it was in the COVID times, DAI almost depegged and collapsed. So, and then they added USDC as backing as well because they couldn't do it. It was too, too dangerous to just have ETH backing. So that's why stop thinking in terms of stablecoins. Start thinking in terms of measuring your wealth in crypto. Buy real cryptos. Buy Bitcoin, ETH, Solana. Like that's the real stuff. That's the real stuff. Everything that is stablecoins, just think of it as a temporary. Think of it, think of it as a temporary. And yeah, be careful on Discord. There are scammers that will try to DM you pretending to be me. But, uh, I'm, uh, I have in my name, I will never DM you. Will also send out an email to all our pro members when you join to be careful. But yeah, be super careful. I will never DM. I will never DM. That's a good, good reminder.

Will, what should I learn first, Solidity or Rust? I mean, you can learn any of them. It's, uh, don't think too much, just learn any of them. Just learn any of them. Uh, if you are just starting and you want to get going, I would guess that Solidity has a bit more tutorials and stuff like that because it's been around for such a long time, and there's endless on YouTube. But at the same time, if you want to build something big that gets a lot, a lot of revenue and a lot of users, then it is on Solana. Like we've been saying, it is on Solana. Solana has most big companies building, like crypto-native, whether it's Apex, whether it is, let me see the chart like this. It's not even close. I mean, literally, it's not even close. And the fascinating thing is that it is all new companies. It's not, you know, some kind of protocol from decades ago that is still the biggest one. It's all new, and it's changing all the time. Like there's new newcomers taking over, and there's fierce competition. Let me see here. Revenue Solana by DAP. Let me see if I can find something on Twitter here. Uh, Tron. Let's see some comparison. Oh, yeah, here, here, here. So for the 18th straight week, remains number one blockchain by network revenue across L1, L2. Check out top 10 DApps by last seven days. So here, in the last seven days, Apex, this is this was in July or something like that. So you see here, last seven days, Apex, $12 million. This is a new app, this is relatively new app that launched, I think earlier this year. Let me actually see when they, at least I learned about it earlier this year. Yeah. You see their Twitter was created in 2024. So it's a super new, super new thing. And already now they're number one. You remember when Pump Fun, everyone said, oh, Pump Fun makes so much money. It's crazy how much Pump Fun is making. Apex now makes four times as much as Pump Fun. Okay. Uh, and again, this is revenue that the app developers are getting, that the app developers are getting. So this Apex project, they started, yeah, like a year ago, they're now at $12 million per week. So this is per week. Um, and this is in a bit of a slow market. I mean, imagine when this number will go when you actually have altcoin season, it's going to get crazy. I mean, they, it wouldn't surprise me if they have like $100 million day when the altcoin season really hits. And it's again, people are confused sometimes like, Ivan, are you paid by Solana? This and that. I mean, literally, you see yourself, where else on which chain, let's say you're a dev, you're a dev, where would you be building? You want success, you want money, you want revenue, you want your app to be big. Where are we going to be building? You're not going to build on ETH because you're not going to get traders on ETH, and you're not the Wall Street like tokenize something on ETH that does like one transaction per. Where are you going to go? You're going to go to L2. Which L2? Base. There's like a split up. Now Ronin is also L2. So you have split, split of liquidity, split of users. And for you to get the nice user base, like it's tough, man. It's tough. So just from a user perspective, you see yourself. I mean, it's it's clear as day. But anyway, Pump Fun is also like super new. This Bonk coin is not new, but this Bonk Fun, I think they launched it, uh, like a few weeks ago. Then more OG protocols, Jupiter and Radium are here as well. This one, Graphite, haven't used it. Photon, it's kind of like Apex, but it's a bit older. And you see they're at 1.8, and they were outcompeted by Apex. So, there's fierce competition, which is good because, uh, yeah, there's always opportunity. There's not stagnancy. Meteora, OG protocol, Trojan, haven't really used. Um, so yeah, that's that.

So, back to your question, should you learn Rust or Solidity? I think you shouldn't really limit yourself that, you know, you only do this, only do that. You're going to learn both. I mean, you're going to learn both, but I think it may be easier if you want to start like doing blockchain apps as soon as possible. Solidity is going to be easier. That being said, Rust in general is a way bigger language than Solidity, but it's going to be like non-crypto if a person needs to learn Rust like as a language, and there you have a lot, way more than Solidity. But then to apply it on crypto specifically, you need Solana specific tutorials, and there I'm not sure how big it is on Solidity. I know there's a lot, there's a lot, and we also been doing Solidity tutorials for the longest time on Solana. I'm not sure how much it is. Check it out, but that's your second problem. Like, first problem is just learn the language. So, all in all, if you are close to like launching something, you have an idea, then go with Rust, learn Rust, you will adapt it to Solana once you know the basics. If you feel that you're still, you know, you want to experiment here and there, maybe if maybe slanted, then Solidity is also easy. It's super easy to learn if you put some time into it. But I don't know your background. I mean, it's easier obviously if you have some kind of programming background. If you have zero, then, uh, take it easy, build, build simple stuff, learn the language, this and that. No need to code the soon AI. You still need to code. You can use AI for the middle or the middle. You can use AI to take you from, let's say, idea to version one, but you should double-check it still because it's going to, especially with crypto, it's going to give you all kind of vulnerabilities, and you want to add a feature, it f***s up half of the code. Like it's not, it's not too great for building real things. It's amazing for building prototypes. Like you can use AI for prototypes. It's fantastic, but AI is more the middleware that you, as a professional, you give it requirements, maybe it builds something, probably it's a bit crap, but it works, like it kind of works, and then you can use AI to like fix your, fix this initial crap, and yeah, it's like a helper so you don't have to type each and every word. So it's, I see it more as a middleware, and especially in crypto where you can lose money, okay, it's very important. You need to be professional to use AI for real, but to do proof of concept, to raise funds, to do like a prototype, then yeah, you can just type and use that. But for production, raising no, no, absolutely not.

I have C++, C#. Oh, yeah, then just go with Rust, go with Rust, then you and then learn Solana. But also it would be faster to just get, well, you're technical, so you can learn Rust. But if you would be non-technical, it would be just faster. So you get a co-founder who can code for you, and you do it together before the end of the bull. The coins that we sell, convert to stable and wait for the bottom and stables. Yeah, you can do that. Exactly. You can do that. That's where you have to use stables. If you want to take profit in a bear market and wait for the bottom, then you need to use stables. But just know the risk with USDC, USDT. All of your assets can be frozen at any time at their own will. They don't do it a lot. It's not like they freeze a lot. They freeze sometimes when they get an order, but you should still know that someone somewhere can click a button and your USDC is not yours, is not your USDC. Do you trade on Hyperliquid? I don't trade on Hyperliquid. I trade mainly on WEX, Bybit, Pionex. Uh, but yeah, I know that Hyperliquid is massive. So I have the coin, and I've tested it, and it's very good. But, uh, personally, I have my setup since years that is working. Let's actually see Hyperliquid. Oh, it's at $50. What the hell? Very nice. Very, very, very. Wow. We want that. We want exactly this session. Holy crap, guys. Not to toot my own horn, but it's kind of like exactly here. It's a bit lower. Let's see. This is on CoolCoins. It's a bit lower, but yeah, it's exactly kind of like predict that we're going to all-time high. We're testing all-time high. Fantastic. And then we break out. You can generate a lot of fees with builder codes. Yeah, I need to check more on even with referral. Yeah, Hyperliquid referral could be very nice, especially for all of the US guys. They're always asking, "Hey, I want, I cannot use Bybit, what to use?" Yeah, we should actually look into it.

What does the freeze, the freeze of stablecoin? Wait, does the freeze of stablecoin apply to when you have your coins in the hardware wallet? Yes. Yes. Yes. It applies. They can freeze your wallet, your address. It is indeed. Let me actually see. USDC solidity contract. Let's actually see. Let's actually see. Let's actually see if we can if we can see it here. You see, do they have like freeze function? Freeze. Let me ask Chat GPT how USDC smart contract works. We should be able to see the freeze function there. How does USDC smart contract freeze assets in a wallet? Refer to line of code. Let's see what it says. Let's see what it says. So, USDC official smart contract. Let me actually open it. Let's see. Is it exactly Etherscan? Let's go to Etherscan. Let's go to Etherscan. So this is the USDC code. Yeah, Circle Deployer. This is the code for it. And if you look here in the function, where's the freeze? The freezing function is, let's see, is it in this one or there is another, or is this like a proxy? Anyway, it says here, so basically your address is being passed here. So the guy who will freeze your account, he will pass in your ETH address, your EVM address right here, and then it's going to get frozen. There you go. And you see here the transfer. And what does it mean? It means that you cannot transfer the coins because the transfer function only works if you're not frozen. So you try to, your wallet, you use your wallet, you try to transfer the USDC. Your wallet calls this function because that's how it works. Like all of the coins in your wallet, it is just a number in the smart contract of the coin. So all coins, it is smart contracts, like separate smart contracts, and they work differently. In your wallet, they look the same, but when the wallet wants to transfer coins on your behalf, it calls the transfer function of that specific coin, and the code for the transfer is different across all your coins. Well, it could be theoretically different. In most cases, it's just copy-paste function, but in this case with Circle, it's not copy-paste like all other coins, because their transfer function has this "not frozen" requirement modifier, and, uh, yeah, that's how it works. It's called fiat token. Called fiat token. Let me see why, why I don't see it here on Etherscan. It's fiat token. Where's the freeze? Normally you see it here also the SPIA token, initialize, decrease, transfer, permit, increase. Yeah. Anyway, it should be here somewhere. But to answer your question, yes, it's, uh, is it how it works? Oh, actually, we can just see all of the functions. You see here on Etherscan, you don't have to read the code. You can just see all of the functions here that it has. Let's see. It has freeze or no? For some reason, this one doesn't have it. Maybe it's another implementation. Ah, blacklist. Maybe it's called blacklist. Exactly. Blacklist here. Blacklist. Exactly. Here they renamed it to blacklist. So if they want to blacklist you, they have this function right here. You can enter the wallet address of whoever you want to blacklist, and yeah, that person cannot transfer. Has your Seeker phone arrived? No, I don't think it's even sent. I didn't get any update or anything. Do you get an email when it's sent? I just paid for it. I haven't heard back anything. Hopefully, it's on the way somewhere. Uh, builder, exactly, maybe it's hallucinated the freeze. Let me actually double-check with ChatGPT. What it said, white said it's freeze. Are you sure it's freeze and not blacklist? White hallucinates. See, this is what happens. You try to use, man, what is this? Yes, you're absolutely right. This is what happens, you know, with you. Don't rely too much. I mean, just made a mistake here. It's the function is called blacklist. You're absolutely right to question that. US smart contract on Ethereum does not use a freeze function. Instead, uses blacklist mechanism. Okay. So why the hell you gave me freeze? I asked you about USDC real implementation. Okay. There is no like, why you give me freeze? Okay. Please apologize deeply for your noob mistake. I owe you a sincere and detailed apology, man. Like, what is this AI? This AI, why, why it gave me wrong function name, then I have to go myself and figure it out. This is why AI, it's the middle, it's the middleware. You cannot trust it fully. I initially mentioned freeze function with. Okay, okay, okay, man. If AGI takes over, I'm small, guys. And again, I deeply apologize. Okay. Write a four-page report about how sorry you are. My I'm going to get smoked when AGI comes. Page one, executive summary. Apology report for guys. When AGI comes, I'm toast. I'm toast. Purpose. The report serves as a thorough, formal, and respectful apology for technical inaccuracy in a prior message. Exactly. That's good. Regarding the USDC smart contract architect, I mistaken a reference. Okay. Okay. Ask your assistance. I take full responsibility. Given your expertise in crypto smart contracts, more than I recognize that even minor technical inaccuracies can create confusion, waste time. Exactly. Exactly. My guess, when AGI comes, it's coming for me. But guys, that's it. That's it for today. Thanks a lot for being here. Thanks a lot for contributing to the show. By the way, my computer froze. Maybe it's, are you guys still here? Maybe AI is already coming for me. Uh, let's see. Are you still here? Because my computer froze. Let me, I need to restart the browser. Maybe AGI is already here, guys. Okay, restarting browser. Also, my Mac kind of sucks. I need a new one. This is Matthew Crowder's Bitcoin. Oh, Matthew. Where is Matthew? Where is Matthew? Talk about how Bitcoin 51% attacks work. How is Matthew's 51% attacks work in G? Big shout out to Matthew. Let's see here, guys. I think it is AGI. Anyway, yeah, now we're back. Now we're back. Now we're back. Okay, so what, how do we end this? How do you end this? Thanks a lot for being here. Exactly. AGI came for me already after this report. I, I just, guys, I just want to read the full report before we end this now because I see the report back now. So let's see what it said. Write a full page. Uh, so page one, executive summary. We read that. Page, nature of error. Description of mistake in our discussion. Okay. This is it's not the actual. Yes. Okay. Accountability and apology. I fully acknowledge that I made a mistake. You trust me to deliver. Thank you. Okay. Okay. To you. I offer. I am truly sorry for giving you mad. Okay, guys, thanks a lot for being here. Thanks a lot for contributing to the stream. Smash up the like. Big shout out to Dub for time-stamping us today. And goodbye, guys. Goodbye. Goodbye. Goodbye. Dry.