Okay folks, do you know what time it is? It's about Chibo Clock. We need to talk violently about the sheep and whether it's due for another surge. I want to talk about my research, what my thoughts are, and what happened this week, and what it indicates is going to happen moving forward. And to be honest with you, there's also been an increasing amount of criticism over Youtubers who cover dog coins.

Some people think that dog coins have no real world value. Some folks are even arguing, believe it or not, that we should cone off the conversation entirely. Well, of course I want to discuss my opinions on that and the right and wrong way to look at meme coins. And the only thing that I ask in return for all this is that you hit that ravishing like button And also don't forget to subscribe either.

Okay, so a bit of a dysphoria week for the sheep. You got the crypto market. Take a breath. You had one exchange that said they were gonna list it, decide they weren't going to do it anymore, or at least delay it.

He had a sheep will moving around and cheap. Tested very, very heavily. Support and retention of value going as low as into the 40s, the 4-0 and 40s that it's and honestly, surprisingly it's actually managed to retain a lot of its value. Despite that cycle, when I saw a lot of the fear and dysphoria coming out and all the media headlines, I was thinking, okay, this is gonna break its retention cycle, but now it's been holding pretty damn well as long as it can retain sizably above that previous pump rally.

I would say that the retention cycle is continuing, but I want to dive into this whale situation. so you already know the news. A Whale. Mr.

0x14 This individual held the second most tokens after the Burn wallet. 70 trillion tokens to be exact. Well, apparently this whale came up to the surface and started spouting out some tokens. He sent out 40 trillion of his tokens to four separate wallets.

Those four separate wallets continue to halt them Based on the current data. Here's the first, second, third, and fourth. they all hold the same 10 trillion tokens, and this transaction has pushed that original wallet 0x14 from being the second biggest holder after the dead wallet to be in the sixth and the others made the list from 10th to 13th, respectively. Now, you consider that this individual controls maybe 70 trillion tokens and that the total supply is about 549 trillion the total active supply.

Obviously, it would be really stupid for him to sell everything at once, but if he decided to and he sold 10 out of his holdings all at once, depending on the liquidity available in the market at that time, it's not going to have a effect of dropping the market cap 10. It's gonna have the effect of dropping the market cap like 40 percent. All that selling pressure at once would flood the market and destroy the market price, and a lot of people would panic sell out, so it's definitely a threat. I don't think he's gonna do that though.

So why is he moving it? Well, you probably already heard the diversification argument. It's better to have multiple wallets than just one wallet with all your holdings. If you diversify into many, you have more protection. It could also be that this is a team and he's trying to separate it out to different wallets, Or he's trying to pull a small strategic cell from different wallets and move money around to a point where it gets harder and harder to track.

My opinion is that this is likely a individual or a team who worked very, very closely with the project or worked on the project and is now preparing to strategically seal in their good fortune. Why do I think that? Well, Because this individual put about eight thousand dollars Usd into this project before they had any reason to. There's tens of thousands of random small cap dog currencies coming out every single day. If you're putting eight thousand dollars into one so early, it's likely because you're close to the project or know somebody that's very close to it.

It doesn't necessarily mean that, and I can't confirm that. Maybe one day we'll know. We don't know right now, but the individual that owned that wallet was the biggest single holder in this, and it makes sense that that would be somebody close to the project. and somebody close to the project knows that dumping coins all at once would be a huge, huge mistake.

It would cause a run to sell everywhere, and by the time they sold out, it would probably have decimated most of their value anyways. They also know that locking in billions of profits would show on the chart as a rug pull and would cause a lot of regulators to look very, very closely at the project. Certainly the wild West in the crypto world, and it's been difficult for regulators to enforce things in it, but we've seen many, many situations where rug pulls have resulted in a lot of enforcement action. Let's be real, crypto projects are rarely angels, and this one is no different.

Oh no, that's foot Charlie. Come on. There's a saying that you may be a perfect driver, but if a cop kills you all the way on a road trip across the Us, they're gonna find some reason to give you a ticket. So if this holder is somebody close to the project or has worked with the project, they aren't stupid.

They don't want that regulatory blowback. They want to preserve their capital, and the only way to do all of these things at once is to sell off very very slowly to start diversifying away, putting up a little bit more smoke and mirrors about where things are going. So anyways, my thought process is the concentration risk from this one whale is bad, but most likely it's going to be very, very slow to fruition. And quite frankly, if you look at the dogecoin concentration, you have one address that controls 8 billion in market cap.

roughly 23 of the coins. That's worse concentration, at least at the very very top. But at the same time, this video isn't a pump piece for the sheep, nor is it a fud piece for the sheep. We have to be real if Crypto whales can easily separate their holdings into five different wallets.

What's to say, he doesn't already have a ton of other wallets that we just don't know belong to him. What's to say that other whales in this don't have other combinations of wallets that we don't realize belong to one person. The truth is, we don't know, and Chibi Inu has a lot less unique holders than Doge does, and it trades at about the same market cap. That said, if Mr.

Xo14 decides to start selling off strategically and over time and sheep continues to stay strong, what happens? Well, concentration starts going down, You start getting a lot more unique holders, and this becomes a lot more decentralized democratic asset. And any mainstream new crypto is going to have a lot of concentration in the beginning, and then it slowly dwindles down over time. So it's not totally unacceptable that they do have concentration. it just is a very, very apparent risk and you can see why.

Based on the trading this week, she be inu. While it has rallied a lot, it hasn't had a lot of time to get peak retail adoption. Its level of retail adoption is substantially below that of Dose. It's just that people are putting more money in this and there's more whales with higher amounts of capital.

If it continues to stay relevant and more brokers decide to list it, you're going to have a lot more retail Start looking at it. In terms of how this trades though, you also have a lot of short-term whales here. Whales that are pouring in and out of these currencies, getting people to fomo, buy after them, and getting people to formal sell after them. You look at Floki, for example.

This whale that put in 3.6 million shortly after caused a lot of people to buy and after him and saw immediate returns. Last week, We talked about how all of a sudden, coincidentally, right before the biggest breakout, you had record numbers of Shiba Inu coin transactions worth at least one million and random whales just popping out of nowhere. What are they doing? Well, They're seeing attention. They're seeing rallies.

They're seeing retail. Start talking about this. I'm like, okay, well, great. I know how to get a ton of retail traders to buy in.

I'll just buy in with a massive position and everyone's like okay to the moon And they pour in and then all of a sudden their positions deep deep in the green and then they sell out. They take their profits and they test to see if the retaining value is there. If they're retaining values, they're like, okay, it's time to get back in and ride the next highway. These whales are speculation, chasers and fomo inducers.

They pray off crowd Psychology 101. We see that all the time in the stock market, but it's very, very apparent in the crypto market. I think that right now you have a lot of whales. they're sitting on very, very green gains.

They locked in profits during the last downtrend. they tested to see how far this would go in terms of retaining value, and they're like, okay, well we're ready to play another round. After that early October, that same thing happened. You had a massive massive rally, All of these whales started buying in, and then they started taking profits.

and then during the downtrend, they found another holding pattern, a little bit of a retaining value. And then 15 days later, what happened? Well, they started buying in again and then retail started pouring in, and then you had the whole round two. So in totality, in terms of my thoughts on the whales, you have some really early stage long-term whales that are a massive threat in terms of concentration risk. and then you have some price speculation, whales that move in and out of cryptos and probably Nfts as well, and rally up prices, get people to buy and after them, and do some arbitrage between the price movement.

Those are the two types of whales that you're dealing with. There's definitely some overlap, but those are the two types of whales here. But in totality, my thought process with the sheep is fairly simple. Every bull trend in mainstream crypto assets like Bitcoin and Ethereum will bring up one big winner hype coin.

The last cycle earlier this year brought doge this cycle's ishiba. It's not the back and forth fear to fomobind that kills these meme coins. what it is is the cycle of crypto and the cycle of the crypto market. When you get a bare crypto winter, what happens? Well, money starts pouring out of everywhere, but it really pours out of the more speculative assets.

But when crypto is seen inflows, the opposite happens. You get a lot more money and a lot more fertile playing ground for a lot of these Sheba coin type of plates. And this is something that reached more than a 40 billion dollar market cap at some point. So there's no doubt that this is the winner of this cycle.

and while this crypto cycle continues, I think the Chiba cycle will as well. I'd also argue that based on a lot of popular retail platforms not having listed cheaper yet that there's a lot more retail capital that hasn't gotten a chance to adopt it. I think that at some point Robin Hood is definitely going to be listing this. Robin Hood reported terrible earnings in the last quarter.

They need the revenue and they need to list this. They're just taking their damn time to do it. There's no world in my opinion where you have coinbase that decided that the Sheba is safe to list where Robin Hood's like, nope, we just don't want that massive stream of revenue. And because retail trading tends to boom at the beginning of each New Year January and February.

And because that's right around the corner, you're going to start seeing a lot of these brokers advertise massively and they like to use assets that ran massively. So Sheeb is probably going to be the one of the biggest ones in the marketing. You're probably going to see all this marketing, try to push more retail traders to sign up for brokerages to put money in brokerages, and then a lot of those retail traders are then going to go use that capital and speculate on some of these meme currencies. Now we could talk about whether that's a good idea or not, but I'm just talking about from my perspective what's going to happen.

I think that right now what we said on Saturday remains true. We are in the stage where we are testing to see if this can retain value. So far, it's done pretty damn well and if it can retain value. for enough, I think you're going to get into the situation where you have a lot of those medium-term type of people who are like, okay, I'm going to buy in, Expecting massive rallies in December or January, you get a lot more of those medium-term people like.

Okay, I'm going to go ahead and buy in at the retaining value at the lower end of the retaining value and then I'm going to see how this plays out. but we do need to see that retaining value. If this dipped well below and we got a new low, then I'd be like, okay, well now we're in a completely different field because we lost all that momentum. Okay, and lastly are dog coins and other meme style assets pump it up schemes and is it irresponsible to talk about them.

I've noticed that there's a few very big finance youtubers that have gotten a lot of heat recently for talking about dog currencies dogecoin, shebacoin, flokeycoin, especially some of the smallest cap ones. There's also a lot of ramblings from people saying hey, it's not good to talk about them at all, even if it's news coverage, even if it's youth talking about the pros and the cons. even if it's you talking about speculative trades because some people in the crowd are going to put a lot of money that they can't afford to lose into them and then they're going to end up losing a ton of money on the dump side of it. But at the very core, I think that it cuts right into the middle of this cultural movement right now that we have in the stock market.

I'll be the first to tell you there's a lot of pros and cons with this whole meme movement. On one hand, you have a lot of people coming together and saying hey, you know what? I'm sick of the establishment way of doing things. I'm sick of people telling me I need to buy into all these safe companies and then they fleece me every chance they get. I'm sick of doing my research on a stock that's really, really good and growing.

and then a short seller comes in and pumps out all this fear and then I lose half my position. I'm sick of being pushed around by Wall Street. I'm sick of all these idiots who think that they know better than me and all they're really doing is playing with the cycles and moving their massive, massive portfolios around. Well, mine gets killed.

So yeah, screw you. I'm going to go ahead and buy a stupid dog token. Screw you. I'm going to buy a movie theater stock.

You've been screwing us for years. I'm not going to put my money with you and you morons, I'm going to go ahead and I'm going to put it in a damn meme. I'm going to band together with other retail traders and we're going to throw our weights around. But aside from that, what are the downsides? Well, these days a lot of people get full mode into positions.

they gamble. They trade with money that they can't afford to lose. They bet the house thinking that this one play is going to be a lottery ticket win to fix all of their life's problems. Some people attack each other for harboring on risks.

They say that's fud. Some people create very, very shady assets and try to manipulate the movement to get a lot of retail traders to buy in by spreading fake information, fake due diligence, fake news. Some people go and pull the rug on retail traders. We've also had a dwindling in some areas of personal responsibility.

A lot of people feel like if they buy a dog coin now and it goes down that it's not their fault, it's the system's fault. And the other con is a lot of new retail traders these days they don't want to even touch Bitcoin or Ethereum. They don't even want to touch a lot of the bigger stock market companies or even companies that have a lot of growth potential. They're like, no, I would rather buy something with the community and hope that goes to the moon or lose it all.

And it's fine to have some speculative plays, but you can't make that a large portion of your trading or your portfolio. And a lot of people. A lot of people, let's be real, have no care about the movement or anything behind it. They just want to get a quick buck and they see a meme coin rally and they're like, okay, I'm gonna buy in and then when it goes down, they have no personal responsibility.

Oh, it wasn't me that lost money on that. it was the dosh. It was Elon Musk. He doesn't like to pump it when I need him to pump it.

I read on Reddit that this was going to Moon. I can't believe that Elon Musk let me down. I can't believe that Mark Cuban said that dogs are bad. so Dogecoin went down 25.

These people stole from me. You have to take some personal responsibility and understand when you're going and you're pushing that buy button. That's you pushing the buy button. It's the same thing when you push the sell button so you got to make sure that you know what you're doing.

A lot of people criticize short-term trades because they're like, hey, wait a second if you buy a short-term stock like for example, Dwack, which we briefed on at 12 and it ran to 172 because we saw hey S-pac with Trump euphoria coming in and probably a really good play. A lot of people would say that's terrible because it's eventually going to go down well. why can't you just trade off the short term fluctuations If you're somebody who is risk managing, you're an adult, you can take advantage of this. If you're somebody who prefers High Conviction plays, we have a ton of those as well.

There's a lot of really great High Conviction plays out there. There's different types of strategies for different types of traits, but something like a sheep. Do I think buying and holding it for 10 years is a good way to go? No. Do I think mine and holding like a Palantir or a Neo or a charge point for 10 years is a good idea? Absolutely.

But at the same time, there's definitely brand value being created in a lot of these, so those are just my thoughts that caps off today's video. If you have any questions, feel free to reach out to us below or join us on Ziptrader Circle if you'd like to learn how to trade. With our private chat, our daily morning briefings, as well as our step-by-step lessons where we will walk you through everything that you need to know in order to learn how to better trade and manage your account in the stock of market. Well, we'll go ahead and put a link to Zip trader you below.

This is not the type of course where you can buy it and get away without doing any work. This is something where you're expected to put a ton of work in and effort to get any sort of result. When I buy something, you better bet that I get every single dollar worth out of it. and I expect the same from you Anyways, have a good one and I'll see you in the next video.