Ladies and gents welcome back to another video, hopefully you guys have all been having an amazing week. So far within the world of crypto, things have been looking good and i know i've been getting a lot of skepticism from you guys. Brian is this another dead cat balance? Is this true healthy growth in the market? We're gon na be talking about the overall growth of the market, where we are in terms of this bitcoin cycle, where supposedly, we were supposed to hit that all-time high a few months back, but it never panned out. In addition to that, we're just gon na be covering some frequently asked questions regarding the utility of ape token, whether or not this was a full pump and dump, because the charts are showing a different story like the usual, if you guys do appreciate the updates on This channel and some of the crypto gains that have been being made.

Do me a favor and drop a like down below. I don't know if you guys got the update, but on my youtube app when you drop a like there's actually new animation. That falls. I'm not even saying this is cap just to make you guys press the like button to see it.

I don't know if the subscribe button is going to do the same thing at all, but if you guys do want to join the jungle, fam go ahead and hit that subscribe button down below as well, because we got some amazing videos coming up and with all That being said, let's hop into the computer and see what is going on in the market for today. So first things. First man, it is easy making these update videos when there is some green. I will tell you that we are quickly approaching the 1.94 trillion dollar crypto global market cap and anytime.

We hit that 2 trillion mark things get good and the reason why is because we see more money going into crypto. This opens up the opportunities for any investor to be able to start making some of that bread. So, first of all bitcoin forty two thousand five hundred fifty dollars is no one gon na talk about how well bitcoin has been holding up in the last week. Well, let's talk about it here.

Ethereum has also been rallying up and that's because we've been getting some confirmation over the last week as well, just talking about ethereum's proof of stake and where we are going to see some of those rewards alive. Now i'll tell you this i've been using ethereum a lot. I actually bought the board ape right when it hit that 77 floor mark hold the trigger on it and the ethereum gas fees. They were still kind of up there.

It wasn't as cheap as what i would do if i'm buying something off solana's phantom wallet as an example where they're almost non-existent because of how cheap they are. But whenever we have a lot of conversations regarding, even if ethereum will be around, i think there's no doubt about that. Whenever we talk by the way on this channel about ethereum killers or protocols that may do a better job, it's not because it would ever replace ethereum it's just because it would still be interoperable within this network of crypto, and i do think all these cryptos are Going to have a vast play in the development of the entire economy, scrolling down you'll notice, that cardano is up about 33 in the last seven days. So when cardona was under that one dollar price range, i've been getting a lot of questions on brian, whether or not cardano's still viable or not.

This breakout here is just an example of why you don't want to sell positions that may have been underwater for a while going to the last one year, you'll notice, that it's been a rough ride and for anyone who did buy into cardano even anywhere. From this point, and that's a long time - that's pretty much like the last seven months, because cardona didn't even see that huge rip that we had when the entire market was going up. The last time bitcoin was rallying. You have to realize that holding positions when it is hitting a low is not always a bad thing now.

Obviously, if you did sell it around this peak, if you did buy up here, you could recoup those losses, reinvest it buy back into the bottom, but it's always really difficult to see what may even happen uh with a lot of these other positions, but what i Can tell you is this: even in the last month we are finally getting that lift off and although cardano has been pretty disappointing in price action, this seems to show that spark that it is alive in the community may still be not dead and not under the Water uh well, most of them, are under the water. They still may be active and looking for that bounce off scrolling down tara luna, which had a lot of excitement over the past few weeks, is slowing down a bit but still closing in on that 100 dollar price target. In addition to that solana, it looks like it may even have an opportunity to flip tara or cardano. We're just gon na have to see over time, because they are all very similar in market cap, and we see these three exchanging themselves uh with avalanche.

On the come up as well now i know i have a few friends at the avax concert and they're trying to tell me right now. Yo brian avex is doing a lot of great things. If you guys have been following along on this channel, we actually gave a call out with avax before it had its huge run up multiple times actually twice so even before it had its last upside to 100. We went in on this dip around 64.

Here i would not be surprised if avax is able to break its previous all-time high at some point this year and just realizing in terms of the market cap size. You still have this huge arbitrage difference between avax compared to solana, tara, luna or cardano, which arguably avac still has an amazing ecosystem of wide variety of different protocols and projects where it should still be a lot closer in market cap. So it's going to show you where, if you are trying to make a play soon, i would consider this for a higher upside opportunity going into the top all coin gainers. For today, you'll notice that loop ring is up about 30 mina is up 21, and then we have a coin up 17 or in the last seven days it's gon na show it's up.

Twelve hundred percent now keep in mind. This price is a little bit skewed because it is not accounting for the pre-sale, where most people do not have access to acorn. It's just showing us the percentage gains uh where if it was starting from zero and obviously apecoin has been doing extremely well. So a price target for a good entry on this would have definitely been around the nine dollar area.

I know for me myself and my research team - that's actually what we were looking at over this past weekend, but as soon as it bounced out of the 9.80 zone, we saw climbing up and rallying this week. So i know it's easy to get into fomo and we're going to talk more about apecoin in this video as well. I just want to make a note that if you are trying to play a short term uh swing, the opportunity is definitely still here just because it is gaining hype. I don't think at this point it's at its full potential of how much hype it could get.

You should be following that cardinal rule and never be fomoing into your investment. At the same time, if you guys have not watched our apecoin video just doing an analysis on that on whether or not you should be buying it. What i mentioned in that video was a few points, and i want to reiterate it here, because it is very, very important. First of all, in terms of the overall landscape of the global crypto market, anytime, we got a random all coin, whether it was doge sheba or even what we're, having with all coins like apecoin right now, when we had a catalyst when we had explosion, when we Had increased price action that oftentimes was some sort of catalyst that brought the entire market up because it introduced even more of those newer investors and when the hype of the momentum starts, carrying on things get pretty crazy, pretty quick within the crypto market, it's been very Inactive over the past few weeks, but it's times like this, where in the quiet in the market turbulence where people seem to be losing attention, when i say people, it's a majority of those newer investors.

This is where us more seasoned intermediate or even advanced level investors. This is when you want to consider doing more research and being more active in this field, so that you can place these bets in case we do get a parabolic run. I am still firm believer that this year is still going to be even more bullish than what we experienced before in the past. Even moments where we've gotten the fed going ahead and increasing the amount of interest on those rate hikes - and we didn't see the market dump, we actually have seen it increase since then it's really hard to give any type of prediction regarding the market.

If you are playing a long strategy and you're investing for a while and you're banking on the fact that crypto is going to continue to develop off of that principle, i think your odds of doing well is fairly high. This is why i continue to average up and find different ways to diversify my positions, whether it is nfts or metaverse, plays or overall crypto tokens. It is something you should actively be doing during this time, especially when the market is still in its fearful state. According to the crypto fear and greed index, you'll notice that today we are in the fear, with yesterday and last week or even last month, showing extreme fear within the market.

And although the barometer is showing a 31 and we're not even at the yet neutral side of it, i do think right now with the pump in the market. If you are more of a conservative trader, it wouldn't be a bad idea to go in, not because of fomo, because you are now getting more confirmation that we can have some liftoff in the space going back into apecoin, because i know you guys want to hear My thoughts whether this could be an opportunity for you to start making back those gains, or if this is something you should be holding long term. I do want to mention that the ape coin has gone ahead and showed the utility and it's showing that it is working. We've been getting the dow for the apecoin, where you can actually vote on certain things, depending on how much apecoin you have in favor of pushing certain protocols or proposals and right now, if i did have a majority of apecoin in this wallet, i could go ahead And vote in favor or against and based on that we'd be able to see different proposals getting pushed right now: you'll notice that they're looking to push a staking pool.

So if you do earn a coin, you can earn money back on that amount, and that would definitely make it great for any long-term investor staking is one of the best strategies that you can take advantage of during this time, because it allows for your crypto to Work with you and it allows you to really earn passive income without you having to buy trade and sell constantly, not knowing what's gon na happen in the market. Next uh, it is a surefire way to combat inflation, and it's another certain way that you can find yourself earning more money than any traditional saving account right now, on top of that, ethereum staking yields are likely to be in the range of 10 to 15. We did get noted this before when coinbase talked about when ethereum 2.0 comes out. How they're gon na allow for this range to be uh settled as well, but, as you guys know, because ethereum is available on so many exchanges for trade.

If many people are going to be able to stake this and earn 10 to 15 back uh, just by locking up their crypto, i would expect ethereum to have another amazing ride at some point. This year, keep in mind. Ethereum is currently sitting at three thousand ten dollars at the time of filming this video and we pulled the charts into the one month. You'll notice that this is some serious, significant growth, but you also notice the opportunities of the swing trade you would have had.

I believe anywhere under 2 600 would have been a fair amount in order for you to average back into the market uh. Since then, we haven't seen that rally going up, we've seen ethereum touching 2, 800 and now currently sitting at 3 000. At the time of filming this video, it was reported earlier last week that kiln is the final public test net before ethereum's transition to a proof of stake network. I know a lot of people have been anticipating this moment.

I myself included, and it looks like we are finally getting some successful confirmation that the date upon this might be happening sooner rather than later scrolling down in this coindesk article. They state stakers have locked up over 10 million ether, which is valued at over 25 billion. At the time on the ethereum 2.0 deposit contract, as reported locked ether, effectively takes out freely traded ether from the open market while reducing circulating supply. This is really good news if we are trying to hear about more stability within ethereum or whether we may have a higher chance to the upside pulling it to the all times.

Don't forget that ethereum was closing in close to five thousand dollars and we are still nowhere near that currently sitting at three thousand dollars and if we do go into another parabolic greedy run. I could definitely expect to see ethereum in combination with the upgrades doing much better than this. If you are still unsure about the market, i think ethereum is a very fair play. I know all coins can drop significantly in price and bitcoin you're, not going to see that high upside, but ethereum continues to have value, and when we see the amount of nft such as even board apes or any blue chips that have been listed, you still need To use ethereum in order to have access to those projects, the erc20 network is going to stay relevant for a while.

I don't see it going away, but if you happen to be a more higher risk higher reward trader, you could definitely consider some of these other. All coins listed on the market like tara luna that has broken a lot of people's expectations and doing much better than we have ever expected. If we go into the all-time charts, just look at this, you could still find yourself making tremendous amount of money within the market just by being patient and taking an objective. Look at the way different projects are moving.

In addition to that, taking a look at the total value locked within the crypto, we actually have been seeing a rebound going up towards the upside, at least with the amount of money that is going within a lot of these layers. Taking a look into ethereum you'll notice that, even though we did see liquidations, we are still seeing a heavy amount of money rotating back into this play. This is going to give us an indicator that all coins are going to move to the upside. As long as we do see more money going into its layers, so going back into the question that many of you guys may have uh with regards to at least apecoin, just because i am seeing a lot of demand for this right now uh over.

In the comments section and getting a lot of dms on this as well, first of all is apecoin, considered a viable purchase and, second of all, why has it even been pumping a lot of people thought it was just gon na, be a rug pull, and it Was done because it did have a strong liftoff, it had a lot of hype and it's been coming back down. What i'll say is this when it comes to apecoin? I think right now, because the overall market is going up, it's just easy and natural for any of these hype coins to continue moving up as well. There is an argument that apecoin is much more than just hype. There is utility and we are seeing that through the examples of the dow and also in addition to that.

Seeing what board api club and a lot of its founding members, or even the parent company, yuga labs, making in terms of strides seeing their pitch deck, which actually was not supposed to get leaked? But it's actually showing even more utility behind what apecoin is going to do. There are some rumors that apecoin may be the cryptocurrency of the entire metaverse. I think that might be farther of a stretch, but i don't think it's out of the realm of possibility. If we are able to get more and more hype into this and yuga labs, including board apes, continues to where they're able to double down and continue progressing the communities.

I do think in terms of a long-term hold, that this is still going to be a very viable short-term swing. Trades, i think, are still here on the table too, just because we're getting an insane amount of volume going into this, and in addition to that, you can find a coin on most exchanges. If you are interested in purchasing any cryptocurrencies, just like acorn as an example - and you want to have a discount on your trading - don't forget to check out the sponsored message for today, so with cryptocurrency getting more adoption worldwide. More and more people are looking into getting started and our sponsor ftx.us is here to help they're one of the largest cryptocurrency exchanges in the world, and you might have heard them from partnerships with tom brady steph, curry, the miami heat or even their recent commercial.

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Um, we've also been seeing amc and gme up about 17, at least with amc uh, which is pretty shocking, to say the least, just because in the last six months uh, this has been finally a confirmation that we are getting some life into the market. And i do want to mention the significance behind amc's pump. Today is going to be the fact that when amc gme and then we had a random all coin doing well, that is when we suddenly saw the entire market explode in price. I think a lot of the catalysts have been adding up and i think almost hopefully soon we are able to see the price moon back to the upside.

Let me know what you guys think down below in the comments section for the state of the market. If whether or not you guys are feeling a little bit bullish too or if it's just me in addition to that, if you guys did enjoy videos, just like this, don't forget to check out the links down below in the description. I know a lot of you guys have been trying to get access to a vpn we're getting some talks about russia having a potential cyber attack on the us make sure you are protected. A vpn allows you to access certain exchanges, get access to certain all coins that you normally wouldn't and also allows you to protect your internet.

I have a link for that in the description you get 83 off in three months for using surfshark uh, and on top of that, don't forget to follow me over on instagram and twitter. If you guys are looking for more inside information or alpha, i even created some twitter threads talking about some nft projects that you guys recommend me to check out and if you guys just even go into the like section of my tweets, i'm always looking up different Things like self-improvement or just information that we can get on certain projects or coins. Now, hopefully, this video was of some value. Thank you all so much again for tuning by and like always have an amazing day and i'll talk to y'all soon, peace,.