Transcript for:
Crypto Altcoins: Thesis and Market Analysis

I'm going all in on this crypto Trend these altcoins are my main focus right now as I believe this is a crypto sector which is being extremely underrated and also undervalued in the current environment so in today's video I'm going to break down my exact thesis as to why I'm targeting these altcoins right now and hopefully this can not only change your perspective on the market but also so pave the way to some nice gains heading into the rest of Q3 as well as Q4 if you do enjoy these videos where I give you the early altcoin Alpha make sure if you haven't already to click that subscribe button down below and hit that post notification Bell so without further Ado let's get into the video I want to start with looking at Bitcoin because right now we are at a very key level currently retesting the 200 daily moving average obviously the range low at 59.3k was broken through to the downside we did bounce off support at 53k and Bitcoin is now targeting this mold range low level once again I guess the question is is this just a dead cat bounce and we're potentially going to see a Bitcoin rejection of this level as a newly formed resistance or is it possible that this is deviation below and Bitcoin can actually reclaim this range I do think we're going to get slightly closer to the answer to this in just a few hours here with the CPI print coming in Fabian did share some of his thoughts on the current macro conditions regarding a lot of the force selling that we've seen from you know Germany and mount GA as well as the CPI in my Discord I think this is valuable analysis from our expert macro analyst who has a fantastic read on the macro environment he says Germany moved 900 million Bitcoin to exchanges today this was a couple of days ago likely to be sold over the next few days since then we've already seen their supply start to dwindle down after this they have already sold 50% of their supply GA selling is estimated to be similar in size but more spread out over time obviously the German selling was super abrupt whereas GA can take you know 3 four 5 6 months for all the creditors to receive their repayments Fabian goes on to say this marks great progress towards seeing enough supply pressure hitting the tape in order to start thinking about front running the rest if price holds up this week it would give markets a huge confidence boost that the rest of the supply distributions can get absorbed just fine this is reinforcing my idea that buying sub 55k as close to possible to CPI this Thursday which is today is good risk reward the absorption of German Supply Plus a potential cool CPI print whilst we hold these levels would be extremely bullish and could potentially lead to a short squeeze back into the range the most important element of this that I want you to take away is essentially the impact of the pricing in in of the GW and the German selling as we get further towards the point of this liquidity hitting the market aka the longer time goes on and the more Bitcoin is able to absorb this price action so let's say remaining above 55k remaining above 53k without exhibiting further bleed you will see a lot of players start to front Run The Narrative of the selling being flushed out of the market and as the German Supply goes from 50% to 40% 30% 20% and you can start to see the light at the end of the tunnel I do think there will be a bid simply off the back of the fact that there just isn't the same amount of supply pressure coming onto the market and you will see things front run if you do by the way want access to this exclusive Market commentary as well as all the other amazing stuff we've got in the Discord like trade setups spreadsheets for potential altcoin portfolios altcoin Alpha small caps analysis Etc there's a link in the description to sign up for the wait list something we have also started to implement in the Mars high club are these daily reports where basically every single day you will get a summary posted into the Discord of all the major takeaways from the day so it might be my opinions on certain coins things that I'm buying things that I'm trading as well as all of our other analysts you can see Paradise here posted a bunch of lower time frame setups fa Tia popcat Bitcoin Pendle uh and he also gave updates on a lot of these trades that he's been been taking is an amazing low time frame Trader also we had a Q&A session with a bunch of our top analysts with all the questions and answers there and also the most important tweets and charts and trading wisdom of the day so a really really packed Daily report that if you want access to this every single day you will get it in the miles high club just click the link in the description below of course alongside all the other amazing stuff we're only letting in 100 people during this next intake so if you were one of those that missed out last month because we weren't able to let everyone in you can now join the wait list and in 14 days time we're going to be letting in just the first 100 people that sign up using the link below now I want to take a slightly contrary opinion right now before we get into the altcoin stuff in today's video uh on where we currently sit in the market because I'm hearing a lot of bearish stuff on the timeline there are a lot of bears out there right now you know screaming for 40ks low 50ks altcoin to bleed even further I just want to quickly provide you a little bit more context on the market because it's very easy to get sucked into all these opinions especially these bearish opinions because fear essentially sells online right so when everyone is super bearish and the algorithm is incentivizing posters to be bearish that sentiment tends to take over and becomes like almost uh an infection and everyone starts to fall into this uh bearish philosophy but I think this is really dangerous because the setup we are currently seeing right now from a longer term perspective is actually quite bullish and there are a few reasons why which are highlighted here by MJ that make it pretty clear to me that right now we have one of the most obvious mid to long-term setups that I've seen in a long time in crypto for bullish market conditions obviously though in the short term you do have things like this malox Force selling which fabian's talking about here the Germany Force selling which is a market headwind but we do have Tailwinds on the horizon so once some of this cell pressure is flushed out of the market there's a lot to look forward to um obviously from a macro perspective these Global liquidity Cycles are super important this is something R poell talks about with his banan own thesis that essentially crypto is super correlated to Global liquidity the more liquidity in the market typically the higher Bitcoin goes and as an extension the higher altcoins go we are currently in a bull Trend but actually only the first half of the bull Trend in terms of global liquidity with an expected Peak happening around late 2025 to 2026 interestingly This Global liquidity index which isn't even a crypto cycle index does line up with prior cycle tops which tend to happen after a year from the Bitcoin Haring which only happened just a couple of months ago so if this does play out from a macro point of view we can be expecting a cycle top potentially into 2025 5 which is I think pushed back a little bit further from what a lot of analysts were previously anticipating which was maybe a Q4 top this year I think the recent Bitcoin pullback and reset and altcoin reset that we've set actually paves the way in my opinion for crypto market performance closer to this timeline which is exhibited here by global liquidity but it's not just this there are many other points which MJ points out here are the fact that some of this Force selling could start to be front run the ETF flows I I think a lot of people are discounting just how Monumental at least compared to other ETFs the Bitcoin flows are we've had three consecutive days straight of positive Bitcoin flows in the hundreds of millions which is absolutely massive we continue to see this passive bid for Bitcoin on the stock market and soon we will see that passive bid for ethereum with the eth ETF coming very soon another major thing that we saw is Trump who is now the presidential fav to win the election is speaking at the Bitcoin 2024 conference for the first time which is massive in Nashville um which is in I think just a couple weeks so that's absolutely massive as well uh having probably the president based on probability speaking at a crypto conference likely to be quite bullish for crypto get crypto in the headlines again get it in the media again uh so that's a huge bullish Catalyst the political shift we've seen Rec crypto you have the $16 billion that FTX is now paying out to creditors a lot of this 12 billion is paid out in cash a percentage of this capital is in my opinion going to flow back into the crypto and altcoin Market as a lot of these players have been sidelined since and would probably like to re-enter and now is a much better time to re-enter after a cool off than re-entering in at highs which is added incentivization to actually reposition and obviously you have the macro backdrop right now which is suggesting that the FED could start cutting rates in September the odds of that are around 70% Global liquidity as just mentioned Etc so there are just so many bullish catalysts and this tweet here that I made I think really sums up where the market currently sits you have this short-term selling which is acting as a major headwind during a period by the way Q3 which is typically very poor for crypto and equities even in terms of volatility so there's no surprise right now that the market is shaky because you have headwinds combined with a typical period in the year which is simply not that bullish for crypto but longer term you have this jux deposed with really strong catalysts some of which I just discussed abbreviated here which in my opinion paved the way for a pretty exciting period for crypto whether it being Q4 this year we start to see an uptick heading into a more bullish q1 Q2 the long-term setups very clear so your goal as an investor right now is to not let this period shake you out don't get disheartened stick to it in fact double down because this may be the last few months where you can actually really focus on the market and accumulate at really attractive valuations and use this period to set yourself up for what's to come I've seen my engagement on Twitter drop drastically I've seen my YouTube views drop drastically this isn't just me by the way it's the entire space that signals to me that retail interest in crypto is diminishing and typically in the market you want to be positioning during periods where retail interest isn't there and selling when retail interest comes back I mean I know it sounds so simple at face value but it's something that a lot of people struggle with and I assume it's something that a lot of my viewers struggle with because the views have dropped meaning there is less interest in the market now which just makes no sense because the bullish catalysts for the market have not changed the only thing that's changed is sentiment has shifted in the face of some headwinds prices have dropped and we're seeing lower volatility which is leading to lower interest but in terms of a macro long-term setup it's pretty clear and pretty obvious in my opinion which is an amazing thing right because we have a massive opportunity now now moving on to altcoins Total 3 has actually reclaimed or at least is reclaiming its range on the weekly I would love to see a weekly close Above This level so allcoins are actually bouncing pretty well compared to bitcoin if you do want to look at the data for Bitcoin dominance Bitcoin dominance has actually started dropping back down towards the bottom range of this regression Channel meaning that altcoins have actually bounced stronger on the rebound than Bitcoin and if you look back to a couple of weeks ago altcoins were relatively resilient during the sell-off they did have a major sell-off the week prior but since then the bleeding has kind of stemmed a little while Bitcoin on a relative strength basis has bled back into altcoins and this is actually a good sign uh for the altcoin market I don't want to get too hung up on it and I don't want to read too much into it but essentially what this signals to me is that altcoin do still have a strong bid there are still big players out there liquid funds Market participants that are willing to defend altcoins and still have conviction in altcoins and to me that's a good sign that we did see the relative strength for alts actually positive in the face of what's been really shaky market conditions Eugene here says that he actually thinks the majority of TS have bottomed open interest levels have been absolutely demolished and there is pure apathy on so many names the shopping list extends to my toes will be busy being the Bottom I want to see in real time now I don't know whether the bottom is in I'm not going to make that call today I don't know it looks positive that the worst is over for sure could we go lower yes but I don't really care about that why don't I care about that because of this because the long-term setup is so obvious and because we are currently in a lull I do believe this period is a great period to accumulate I've been very vocal about this the fact that I've been accumulating on massive capitulation weeks but if we know know that we should be accumulating the question is what should you buy now in previous videos I've talked about narratives like meme coins I still think that is going to be a major lead of this cycle I've talked about rwa I still think that's going to be a major player of this cycle AI I still think that's going to be a major player gaming although it hasn't been a popular Trend at some point I think it can make a really explosive move but I'm not going to be focusing on any of those narratives in today's video instead I'm going to take a little bit of a contrary Le here and talk about an altcoin sector which has been extremely beaten down but I believe could actually be a real front runner as altcoins start to recover a lot of people will call me stupid for this but it's a narrative that in terms of my dedication to the market my time spent researching and my accumulation I've been really going all in on this in terms of my focus in the market now to understand this narrative firstly you have to understand what's actually performed and what's underperformed so far this year so if you look at the layer ones year-to dat performance is patchy you have some layer ones holding up okay but the majority of which are down eth salana have actually led the market salana is up 30% year to date ethereum's up 32% year to date so that's from January 1st ton is up 2 100% year to date avax has bled significantly near is up 22% that was beaten down badly in the bare market and has been pushing more into Ai and then the rest are all down mostly double digits with the only exception being Phantom which is on the CP of a Rebrand looking at the layer twos these are worse than the layer ones many of these are down 50 60 70% purely down to the fact that there is an insane amount of altcoin dilution happening in the layer 2 Market there's too many layer 2 Solutions not enough traction and too much liquidity fragmentation amongst this sector meaning liquidity is essentially spread amongst all these layer TS and not focused enough um and the problem with this is the entire ecosystem suffers the utility for the governance tokens as you can see listed in front of you suffer there aren't because there isn't as much demand for LPS there's not as much swapping happening meaning there isn't as much fees so you're not as incentivized to actually stake these tokens or or LP them in in pools on dexes so it does become a tricky negative fly wheel when you do see uh dispersion like this and liquidity fragmentation which is why their layer 2s have underperformed relative to even layer ones and I think the thesis for l1's versus l2s has kind of started to uh break off a little bit this year I think the market is now starting to generally side with the the layer one players especially the ones that have at least gained traction within their respective ecosystems not saying there isn't a place for l2s we do need layer tws to help scale ethereum there's just too many of them and there will be Front Runners there will be a couple players that really succeed in this space and perform really well but the vast majority probably aren't great bets this cycle or at least haven't been so far now onto the final category this is the worst performing category so you can see layer 1es in terms of this list are actually up 3.7% many actually are down 30 to 50% but the slightly lower cap ones if you just look at the big caps they're in the positive layer 2 is down 58% so quite negative let's look at another positive Bitcoin and memes up ridiculous percentages I mean the meme coins are really carrying this uh number here and it depends what memes you put in but the bottom line is mcoins and Bitcoin have been the ideal barbell portfolio this cycle so holding Bitcoin as a safer bet and on the other end of the barbell holding meme coins is a risky bet conservative and non-conservative that's ended up and aggressive has been the best portfolio so far this cycle to be honest but then there is a sector here which is the absolute worst sector worse than l2s and these are the new launchers so I'm talking coins primarily backed by VCS with industrious amounts of capital low float meaning a low percentage is launched on day one yet they have a high fully diluted valuation attached largely driven by the fact that a lot of the price Discovery for these coins has happened in the private Market meaning when polychain invests in series a there's already a billion dollar fdv attached cuz they know they can launch it at five bills and make it 5x and then series B which could be led by another VC races at a three Bill valuation and they're just looking for a 2X at this point cuz it's closer to launch and there's less risk and that means the token already has a three Bill valuation assigned even if it launches at 5 to six bill this doesn't allow enough price Discovery to happen on chain I mean salana launched at 100 million ethereum Ico was also I think around that level or extremely low and that enabled you to get a genuine 30 40 50 100 200 500 X on the open market depending on the coin because price Discovery was happening on the open market and not on the private Market when price Discovery happens on the private Market a lot of these tokens simply launch way too high what happens when they launch too high well there isn't enough of a bid to counteract this insane amount of tokens coming onto the market this is compounded by the fact that not only these singular coins are unlocking but a slew of other coins are unlocking and you just get a bunch of dilution which means prices perform really poorly and you have a situation where Portal's down 83% omni's down 53% Marv's down 44 Saga 79 Stark 69 blast 37 IO 42 there are a couple of outliers like AE which is actually up 18% but the majority are down parcel 62 mode 66 n 59 Mon 57 pretty much all of these new launchers have been down only however there is something interesting here starting to take place and there is one token that is leading what could be a shifting Paradigm here and that's tier so Celestia is down 50% year today and it falls into this category of low float High fdv tokens the float for tier upon launch was extremely extremely low yet over the past week it is actually the top gainer in the market after the unlocks and a lot of fud as well caused a massive draw down in price but since then it's now shooting up because it was so beaten down 40% in a matter of days because actually the majority of this pump has happened in the last 2 to 3 days and it's outperformed the entire market now you could take this to just be an outlier of an example but I actually think there is a framework at play here and the framework is it's a coin that launched low float High FTV it's dropped a significant amount 80% from highs it's had a lot of selling because token unlocks have been flooding the market combined with sentiment being extremely beat down and in the midst of poor market conditions with a lot of other launches right yet it is important infra it does have a strong use case it does have strong backers and the next unlock isn't for a matter of months that has now resulted in one of the most explosive moves over the last week but it isn't just Celestia that has this setup there are a bunch of other altcoins which have this setup so have been beaten down have been forgotten about have been down only since launch yet have strong Tech and have strong catalysts and the unlocks are now finished for a period of time where in the interim because there's now no new sell pressure coming onto the market these coins could actually recover quite strongly after a lot of this selling has just flooded onto the market and beat these down pretty much into Oblivion there's a tweet here from Chief Singh that says Tia feels like a bit of a canary in the coal mine for altcoin sentiment one of the fastest ones to rise and then fall with Market participants clearly still expressing The View that Tech alts are worthless if Celestia really is the canary in the coal mine here there may be an opportunity at hand to play some of these tokens that don't have unlocked for a matter of months yet have been beat down significantly from the prior unlocks and in today's video I'm going to give you my watch list for these exact tokens that I've been researching now Celestia's next unlock is on on the 31st of October it has had a significant amount of unlocks prior so there is Headway here head room what you're looking for is altcoins that have been beat down with strong Tech that actually have unlock headro so if it had a bunch of unlocks here here here here here I wouldn't be interested that's just more sell pressure coming onto the market I'm only looking for altcoins here that have breathing room breathing room after being beat down significantly from unlocks there's a tweet here from Eugene as well that's been doing the exact same thing as me saying that he's going hunting for VC coins with supposed unlocks in 2 to 3 months time can even be longer than this 8 to 12 months is even better too much apathy and despair and I would agree I think contrarily because I do talk about playing strength a lot in the market and I still agree with that thesis but I do think there is a period here that if you are accumulating coins for what's to come some of the altcoins that have been very beaten down that fit the criteria that I just explained could be some of the strongest performers and these can rally quite quickly right and give you an opportunity then to rotate into other sectors so this becomes a shortterm play on the next couple of months uh but it also becomes a slightly longer term play if these do lead because it can help set up your portfolio for later in the cycle so let's talk about some of these now by the way everyone in my Discord where I do Post Market updates like this and uh trading Al for ETC are going to get access to the trading view watch list so I'm going to put the watch list for easy convenience and I'm you're also going to get access to this entire spreadsheet that I'm about to show you um so you have all of this data at hand so if you are a part of the mils high club you do get access to the resources from these shows as well obviously the viewers of these shows you'll still get free information um but the Discord guys also get the additional resources so you can go in and play with them numbers and uh also have the watch list for your convenience if you don't want to build your own it's all about convenience in this market in my opinion because there's a limited amount of time and you really need to be smart with your time in order to maximize your outputs in the market so once again if that's something that interests you there's a link in the description below to the miles high club my exclusive Community just for the first 100 spots we only opening this up once a month and as you'll know for a lot of you that didn't get in last month after the Gat shut they shut for an entire month and potentially even longer so if you do want to get in I would recommend doing so now let's get in to the list this is the list here of new launchers I'm going to break some of these down individually that have launched drawn down significantly since launch yet have a framework that in my opinion could allow for a tier type recovery now Celestia very well may not be done with its recovery this could keep going higher and uh really surprise people I'm I am looking for a Reclamation of this range low here and a break of this diagonal because this is just the first impulse upwards but if this thesis is correct here and these coins start to catch a bid I do believe these are some of the candidates here to actually outperform in the market the first one I want to discuss is layer zero incredibly fundamentally strong technology but uh I guess controversial execution on the airdrop they actually don't have it unlock for a 11 months and 8 Days time so it's not until June 2025 they had a massive air drop of course whenever you do a big air drop you get a lot of sell pressure as a lot of the airdrop farmers and in this case there were a lot of like cybor Etc they actually you know Jeet they just want to get out of their position and look in a win interestingly zero has actually started to perform quite strongly over the last couple of weeks if you want to look on the lower time frames it's actually building a floor around this level here at 360 level I don't mind this level for a bid because you have invalidation and uh I think upside here on zero considering it's a a what four Bill valve but only a 400 mil market cap could be a 3 to 4X it's it's not out of the Realms of possibility here if it starts to uh gain traction it can move and we are now seeing higher low so I do like that from a relative strength point of view so Zer is one that's on my accumulation list on major dips I do like this support of 360 but it does fit the bill hear of a token that has uh bled since launch maybe not as much as some of the others but at least has maybe underperformed some people's expectations obviously the ones that got the entries here would be super happy at 250 that's something I also spoke about in my Discord that I was accumulating uh in this region here I kind of caught a knife a little bit but at least now I'm up on my initial entries but I do think you'll get more opportunities and this could be one over a you know 3 to 4 month time Horizon that performs well but this is just one of a basket of assets I want to talk about today that constitute a similar narrative the next one is ZK sync another one that doesn't have an unlock for 11 months despite having a major initial unlock SL airdrop ZK sync is also coming in around a three Bill valuation if you actually go into crypto rank right and you look at the fundraising here they raised at a multi- bill valuation as well here they raised $200 million I think series C was around a three Bill Val if I'm not mistaken two to three Bill Val meaning the VC's actually have the short end of the the stick so dragonfly Andre Horowitz Etc because they're essentially investing right at the same price or a similar price that you're able to buy on the open market but they have unlocks vesting over four to five years right so they're not getting their money for four to five years at the same valuation that you're getting investing now now obviously you know they have the luxury of getting in with additional size they also probably were able to get some initial position in in the seed round so no doubt dragonfly made money here I'm not saying they lost money um because they've been investing from an early stage or AZ but what I'm saying is the series B series C rounds are actually less attractive than uh you're able to buy on the liquid Market because liquidity in this market does have a premium so ZK sy's another one that I'm looking at unlike layer zero it hasn't had that strong recovery yet it's only just started to break Above This resistance level you can Mark in the charts as well this level too at the uh 20 cent region that's a level that we rejected off multiple times before breaking back down below this is one that if it can climb out of this range at 19 cents could have rapid expansion to that initial daily high at 29 cents and that's really the level that I'm watching for ZK sync but this is another one like tier it's been beaten down it had a big air drop a lot of people gated it's now starting to make a recovery can this be a market leader I think it probably can be and this is why I'm putting a lot of my time and focus now into this watch list and I'll break it down in just a second here because I do think a lot of these alt coins have been just crazily oversold and if we're in accumulation range coming out of that range as the market starts to recover these tokens Can repic super quick like we've seen with Tia now another one's Athena this is one that now has a valuation of six bill I think it launched uh in the 20 to 30 Bill range like super high on day one it doesn't have an unlock for 8 months so like ZK sync and layer the next unlock is many months away tier is 3 months which is actually closer than the other ones that I'm mentioning here but the thesis and logic Remains the Same that there is an unlock significantly in the future but in the interim there is no sell pressure despite price being beat down significantly that's a powerful combo it's actually one of the combos that made Ono such a compelling proposition this year it's unlock still isn't for another 6 months until January and it's in a really strong narrative what separates Ono and Athena Ono is in a really strong narrative it's the black CR rwa proxy and Athena is not in a strong narrative actually it's reflexive to funding rates which have now ticked into the negative so the protocol isn't as profitable as it would be in a bullish environment but because of this reflexivity if we do see bullish conditions start to kick back in I think this can be one of the most explosive coins that reprices higher to the upside basically the way it works is I'm simplifying it in in layman's terms here when the market is bullish funding rates increase so long as actually you have to pay to Long shorter are paay to short in this environment because of the way that the Athena protocol and the token is constructed more value is accured to the Athena token when funding is high and when funding is low it has the reverse effect so it's almost a reverse flywheel where the price reprices to the downside it's similar to Rune Rune is another one very similar to Ena that in a bad environment performs shockingly but in a good environment performs amazingly I mean even if you look back into March it was at $11 in fact this is one I'm just looking at right now this is one that would be on my accumulation list for sure like this is just crazy right and it's also at range low so um yeah Rune is definitely one that I'd be adding actually could be an easy 5x 3 to four 5x um so that's in a similar basket to Athena in terms of narrative in terms of the context of this video though looking at the uh more you know VC newer launch tokens Athena also fits in clearly because it has that unlock not happening for 8 months yet it has been extremely beaten down so that's what I'm looking at now it does become tricky because if you are a price action Trader you'll look at this and say no this is not showing relative strength I don't want to bid this and I and I totally understand that it really depends on your strategy to approach the market you guys know how I approach the market if you've been watching these videos I have different segments of my portfolio so I definitely want to have the majority of my portfolio concentrated in relative strength so things like ethereum right now I think are super strong I recently took a position in Lio as a Neath beta I'm strong on the rwa coins meme coins I'm really big on because they've exhibited relative strength things like Pepe whiff I think perform well this cycle something like Athena and this entire basket of assets would have a lower waiting in my portfolio because I'm essentially catching a knife right but it's a percentage of the portfolio where I accept that I'm willing to catch a knife and I accept that that I'm I might be underwater for a period of time but I'm hoping at some point my cost basis is low enough that when the market recovers I can do some really nice multiples and if you're constantly waiting for relative strength that's okay you're going to make money you might even make a lot of money um but maybe you don't get the ideal entries on some oldet you're fundamentally bullish on so really just depends on your approach to the market how you'll play this some people might say look I love Athena but I'm going to wait for funding rates to be bullish and that's fine you can wait for a reclaim here get in on on the confirmed uptrend on the pullbacks on the retraces and then keep moving your stop up and that's fine you may though miss the first 70% but if you if you're happy with that and you want to protect yourself from uh trying to catch a knife here you may end up in a better position doing it that way for sure but it just depends on on your approach to the market here so we've talked about ZK sync layer zero these are some of my favorite ones Athena slightly riskier if you just look at relative strength but uh definitely one that's been beaten down stocket I don't love as much fundamentally but it is in a similar basket so if you do like it um take a look at its unlocks what you do is you go on to crypto rank search in a token I love Cryptor rank it's the best website click on vesting scroll down and you'll see what its next unlock is so you see this one's in 3 days so I'm not really looking as much towards tokens that have uh continuous unlocks I'm more looking at tokens that have unlocks that are poor paused but this might be a relatively small unlock actually not really it's a 64% of total Supply unlock which is relatively aggressive you'll see that it's this period here uh the early contributor investor positions that are starting to unlock I really love crypto rank as a website it's probably become my favorite fundamentals website in crypto not only do you get fundraising information so the valuation and how much was raised all the VCS everyone on the cap table you also see the vesting the tokenomics there's even an Arbitrage section based on various exchanges I don't know it's just really really good I I really enjoy using crypto Rank and it's free just got to sign up for an account I think there may be a premium version but uh I don't I don't use it I honestly just use the website so there are a few in this list that you'll need to vet and work out whether it fits your thesis but these are some of the new launchers that are on my accumulation watch list speaking about a couple more that I haven't touched on N Heroes falls into the category of alts as well well that's just been making new lows but valuation wise it's pretty crazy 14 mil market cap on one of the strongest games in crypto the game play is absolutely amazing it has a lot of uh big creators as well and big backers I think Becca's in I believe Elio so super vers is partnered with with nine as well it's listed on bybit it's got big exchange listings B it's actually the second biggest exchange right now after binance for volume last time I checked which is crazy so that's that's a major plus yet the fully diluted valuation is just so low and so is the market cap the trading volume is actually relatively decent considering the the recent price action but this has been down only and this is another one that look if you think at some point Gaming's going to come back around you can make the argument this is extremely beat down and it could be a decent one to average into now I want to look at AA for a second because this is a new launch that's actually an outlier so you'll notice it's actually up all the other ones that I've talked about fit this other criteria of being down a is interesting because it's actually up for a few reasons one price is being defended very very strongly at the 06 level whether this be by a market maker whether this be by big liquid funds big whales big players Etc node operators that are trying to stack more tokens I don't know someone is defending this level very strongly which I don't really care who it is it just means that trading this becomes easy because you can look to accumulate around this level here and then you have clear invalidation below probably lay off the leverage in case there's a wick below this is very similar to Foxy which is another coin that has a super strong support level which is being defended really strongly and this is another one that around the support I like to accumulate pretty much every time it's tested this level it has bounced so this Zone here on foxy and this Zone here on ath year in my opinion become decent accumulation levels and then you you've also got the other play where you can long on a confirmed break of Range High that's here on AIA and that is um here on the mid-range for foxy in here on the upper range for foxy so these type of tokens I really like when you have a clearly defined range structure that is always super strong um so a is another one that is on my list here I'm going to post this list in my Discord so for all the Discord members watching this video you're going to get access to the spreadsheet as well as a trading view watch list for these tokens there's a link in the description below if you want to join the Discord my summary here is I think now as a general period for altcoins is a great time to accumulate my major focus in the market is on two different types of tokens one tokens that have strong relative strength in terms of their narrative and price action so this might be Ono in rwa this could be ethereum which I think is one of the leading narratives right now it could be a meme coin like Pepe which has pretty much LED all this cycle and then there's this other basket which I wanted to focus on today as a slightly contrary opinion of tokens that have just been smashed this year yet have the Firepower to recover super quickly once conditions improve and I think it's important to approach both angles to have a well Diversified portfolio so I hope you enjoyed a slightly different video today learned something took something out of it and I'm going to see you in a couple days for my next show where I'm answering answering your questions and what I'm also going to do is a video in the coming days where I review your portfolio so I ask my Discord to send in their portfolios I have like 20 portfolios to review I'm going get a look at it live on the show it's going to be fun it'll give you an insight into my opinions uh into different alt coins so if you don't want to miss that make sure you are subscribed and have the notification Bell turned on I'm going to see you in the next video hope you have a lovely rest of your day peace out