Okay folks, so we got to give a violent update on the market in place, including Lg Vn which ran up another 100 plus today. What is my thought process moving forward and what do you need to know? And then for the main entree, I want to talk about something that's trading at about 74 cents. Over the last few weeks, a cryptocurrency by the name of Krypto.com ticker symbol crow has been going parabolic almost neck and neck with the Holy Sheep and Two down from Daddy, Doge and City, not just under 20 billion dollars in market cap. We need to talk about what this is, why it's running and my predictions moving forward.

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If you see value in the youtube videos, you're probably gonna like the course quite a lot. Okay, quick updates on the day. The market was nice until it wasn't biden. Ended up nominating Powwow for a second term, which led the market to give up hopes of less aggressive interest rate hiking and monetary policy tightening.

Honestly, I have a feeling it would have gone down either way regardless of the pick. If it was Bernard, they would have said oh no, so much uncertainty. If it's Jerome, they're like, uh, up. Okay, well, we're gonna get tightening.

It's really the same narrative we've been hearing for like 11 months. The market's trying to find the sweet spot between going risk on enough and not going to risk on too much to get bludgeoned by interest rates. and nobody really knows exactly where the fine line is. I'd argue with Conviction plays it almost doesn't matter that much as long as you have a long enough time horizon with short-term trades.

Who even cares, right? Because volatility is all we need in terms of other news and volatility. Lgvn Full Contact so you know the story. We briefed on this one Thursday morning at 3 30 ish a share because of their earned Fda designation and their low market cap, which made it extremely likely to have a very, very strong reaction given the massive amount of positive press coverage. It ended up going up almost 5x before cooling off on Friday, and in yesterday's video, my projection was that this catalyst is huge because the designation makes it much, much more likely that they'll get priority speed in terms of an Fda approval.

and that means a faster time to market. Which means that not only do we have a big golden egg at the end of the tunnel, but but we have a lot of different catalysts coming up in terms of updates on this and in terms of of course, the Golden Egg, which means a lot more opportunities to pillage. Once the market realizes this, I was thinking earlier this week, either today or Tuesday, you'd see a lot of those momentum traders that were profiting off that Thursday and Friday rally decide to go home and lock in some profits, and then once they had gone home, you'd get that second huge catalyst push. But anyways, the market simply recognized the power of the catalyst much earlier than I expected it would, and the profit taking was much more brief.

I was hoping it would get knocked down further before the second rally three or four dollars. I was expecting maybe a week or two in between, but always be aware there's no such thing as a catalyst play that can run up 100 in a day, day after day, and then not have a huge cutback. I know that I get teased a lot for saying Titan Risk Management and take some profits off the table, but this could have very very well not panned out. Today It could have very very well went down to three or four dollars and then bounced three four weeks from now.

So you have to be very, very careful with how you play these in terms of the rest of the market and Conviction plays a pretty weak day. Risk off people didn't even want to buy the slow safe companies. On the bright side, you're finally getting some discounts in Rivian Crypto, continuing a stubborn bearish trend. And with that that leads me to the main topic of this video, which is crow Crypto.com coin.

And obviously this goes without saying. but we don't take money from crypto companies to talk about their crypto assets or promote them in any way, shape or form. The only bribes that we take are ravishing like button hits, so make sure to hit that. So Crypto.com what is it? Well, it's a popular cryptocurrency exchange app and website, the ninth largest in the world, but one of the fastest growing.

They offer everything from real-time prices on crypto assets which I've often cited in my own videos in the past, to the ability to buy and sell most currencies and as of recently, an added Nft marketplace Of course, they have a D5 wallet. They also offer the ability to earn crypto with them through interest rewards mostly standard crypto broker stuff, just ask. Full-time crypto expert and part-time actor Matt Damon Crypto.com has positioned themselves as a conveyor belt into the brave future of cryptocurrency, with Matt Damon leading the way. but their marketing is basically arguing that doing the crypto dance with them is similar to exploration of the new world climbing depths that no one has ever seen before the invention of the airplane, and of course, space exploration.

Except that cryptocurrency is much greater than this because Blockchain broke. My jokes aside, their marketing is wild and I applaud their massive, massive efforts. They recently bought the naming rights to the Staples Center in La for 700 million dollars. Anyone who grew up in L.a or was a Lakers fan knew what a big deal this was.

Ironically, the La Times ran a piece five days ago saying a cryptocurrency company Crypto.com thinks it will get a boost from putting its name on the Lakers arena History begs to differ. Well, let's do some basic math: 700 million dollars spent at the time Crow was trading at a market cap of 10 billion. Over the next five days, it rallied all the way up to just under 20 billion. That's a pretty nice roi.

You spent 700 million and you get 10 billion in return. And it's not even considering that the first primary objective of an ad like this would be to drive people to the website and to their brokerage, which then later on would create more utility for the coin. But a lot of people are just skipping the middleman and just buying the coin directly, expecting a lot more users on the network, and with other extensive partnerships including with the Ufc, renowned European teams, Formula One, Visa, and other organizations globally. It's likely true that the aggressive push into brand awareness is just beginning, especially the success it's had this early in the game.

You don't spend a dollar and then get 10 dollars back flown into your face and breaking your nose and then think, you know what, I'm just gonna stop spending dollars. I don't want to spend any more of my money on marketing, it just comes back too fast. I can't handle the money. But anyways, here's my summary and raw notes really on how Crow works.

So Crow can be used to stake for up to 10 interest. Crow can be used for sending payments, paying transaction fees, and to earn rewards. But Crypto.com and why the system is so ingenious. And it's not something that's original to Crypto.com by the way.

But why the system is so ingenious is because they incentivize their users on Crypto.com to use Crow throughout the entire platform. For example, when using Crypto.com Pay and Crypto.org chain, you can get up to 20 cashback when paying. merchants online and offline earn up to 10 percent cash back on major brands. Users with Crypto.com credit cards earn better rewards and preferential treatment by staking their Crow position up to eight percent on Visa cards, which isn't very common.

They also offer better loan rates, discounted trading fees, priority allocation with new coins, and so forth. Now with loans and I want to talk a little bit more about this: the value proposition There is a lot unlike traditional credit. Or it's very unlike traditional credit is that proper English? Who knows Crypto credit works by giving you instant credit based on the crypto assets that you have as collateral. and that can be via most major currencies Bitcoin, Ethereum, the likes Litecoin.

But here's the thing. if you have Crow staked, they'll give you preferential interest rates. The idea is this entire system. Every single user has a massive incentive to transact with Crow to stay, Crow, to hold Crow, and even if they decide not to, a lot of rewards on the platform are paid out in Crow, so they have a very, very easy way of creating self-fulfilled utility.

And since Crow is Crypto.com's token, it has a built-in network of constant usage and thus inherent utility. And as its user base expands, Crows value. what as well? Now for con: Obviously Crow is driven by extremely expensive hype and marketing, but on the flip side, it's working pretty well So far. it's also attached to an actual business.

Unlike a lot of hype coins that run up basically just on awareness and overall crowd sentiment, this one converts that awareness and monetizes the awareness through Crypto.com the business and of the people that use that exchange. Those customers then get funneled through to use Crow. So in a way, Crow represents in my view, an investment in Crypto.com's ability to continue to get more and more customers with more and more dollar volume transactions. The long-term value and actual utility of this is less determined by the meme culture at the moment And more determined by how many users Crypto.com can get in to their exchange.

Of course, right now it's running up on a combination of both factors. You have hype and then you have actual utility. Utility increases as more and more users go on to the exchange. Hype increases as people anticipate all those users coming because of the overall marketing.

So you have both of those factors. Probably more hype right now than you have actual utility. But to really understand the closer you have to understand Binance Coin. They are both in similar situations.

Finance is a little bit more of a curious form of finance, and Crow is a little bit more of a bird. But they're above crypto exchanges who have their own coin to serve their customers. Except that Binance is the number one exchange, Crypto.com is the ninth. If you compare the two by users, Crypto.com has 10 million users.

Binance has about 30 million. I think most estimates are around 28 million, but for simplicity's sake, I rounded it to 30.. If you compare today's Crypto exchange volume, Crypto.com has 1.8 million. Finance at 31 million.

If you compare their coin Market Caps, Crypto.com Crow is at 18 billion Bnb Finance is at 92 billion weekly visits to the website which Coin Market Cap supplied this data. 1.6 million for Crypto.com 32 million for Binance Finance also happens to be the preferred exchange for most institutional investors, which means they have massive, massive, massive, volume transactions, which of course, explains the massive difference in volume transactions and a little bit less of a difference between the number of users Finance has three times the number of users, but like 20 times the level of volume. But in totality, both exchanges use their own coins, and the inherent utility for each coin is going to be based on what well it's going to be based on the amount of transactions on the exchanges, and how much of those transactions are being filtered through the coins, via staking, via actual transaction, fees, via rewards, so on, and so forth. Changing Hands.

I think that when you're looking at crypto exchanges, the value of the underlying coin is a lot like investing in the actual crypto exchange itself and the future of its growth. And when you're going to make a fundamental analysis based on where a crypto coin is going to go, you could actually do that with an exchange-related coin. If we start looking month over month, and we look at the results of this marketing on Crypto.com's growth, in terms of users and in terms of overall transaction volume, overall volume traded, it wouldn't be that hard to see this earning much higher market caps because it's trading at one fifth out of Binance, and the marketing budget is insane. If the marketing is effective and they're able to steal market share, Obviously, the coin is going to steal a lot of market share, as well.

That said, fun and hype aside, let's get into the dirty stuff. I believe you have two layers. here. You have a double layer cake.

You have a layer of that binance type capital which is using this for its utility purpose. Some are staking it, some are transacting it as part of volume flow between different crypto assets rewards transaction. Overall, taking advantage of the system and using it as its purpose was intended. And then right now you have a larger part of that pie, which is more of that cheap type capital.

The capital. It's driven largely by a combination of hype and also community-based sentiment. People that buy things because of the greater full theory, thinking that you're going to have more momentum and after them. Not necessarily because they think that the technology is anything special or that they care about the actual asset, but they just think, okay, well, hey, I see the social sentiment trends.

I see the momentum. I'm gonna buy in, and then we're gonna get the next rally. I'm expecting that. That's what they're saying to themselves.

Quite honestly, it's hard to separate the two because number One marketing creates more people that actually use Crypto.com and actually create more utility for the crypto. But at the same time, it also creates a lot of those hype chasers, especially people who are familiar with crypto and how this stuff works. They're like, oh, all these new people are going to come in and increase the utility. so I'm going to buy in now.

And then people are buying in, anticipating other people to buy in. and more and more and more and more and more people keep rallying it up in order to make a bullish case. you have to have to have to acknowledge the cake that is the current price action. You have hype running on actual utility and the hype right now is overshadowing the actual utility increase.

but over time the utilities actually going to increase if their marketing continues to be successful. My predictions, well, marketing right now is in its very early stages of the rollout. Awareness is just starting and it seems like they're doing a very good job of this and based on their aggressive advertising, my prediction is that Crow will have a continued overall upward cycle popping up upward cycle followed by profit taking, and then you're going to see the next round of people actually buying in as they see the utility increase. And as the utility increases, Crow is actually going to become a lot more competitive as well.

I just think if you're going to buy in now, you have to understand that eventually, when this marketing euphoria plateaus and Crypto.com isn't spending hundreds of millions of dollars chasing the next new big marketing ploy and buying out centers or at least the name rights for centers, then you're gonna see a lot of those hype chasers say. Okay, well it's time to lock in some profits and they're gonna go home. and it's to go down massively. But the utility that Crypto.com actually created because of that marketing is going to start showing and it's going to start having a strong benefit over the long run for this coin.

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