Low Cap Altcoins With 1000X Potential
Some projects that are undervalued that could tap into huge emerging markets using blockchain
When Bitcoin breaks all-time high, we usually see a 6x in Altcoins
#altcoins #altcoin #cryptocurrency
Low Cap 1000x Altcoins To Buy Now | Get Rich With Crypto
42,968 views
Oct 14, 2021
Low Cap Altcoins With 1000X Potential
FULL VIDEO TRANSCRIPT
00:00
so what i’ve been able to observe from
00:01
the cryptocurrency market over the past
00:03
several months is that once we break
00:05
all-time highs on bitcoin it seems that
00:07
there’s a major increase on the buy side
00:10
volume for all coins across the board
00:12
and right now there’s a good amount of
00:13
fundamental and technical information
00:15
that is leading me to believe that we
00:16
are to approach and maybe even break
00:18
all-time highs in bitcoin relatively
00:21
shortly and if that’s the case i want to
00:22
discuss some of these projects that i
00:24
think are very undervalued and could
00:26
have huge upside potential in the next
00:28
couple months to a year and we’ve been
00:30
crushing some of these calls we have
00:31
obertek up 400 we have vra in wii u so
00:35
even though i’m in the middle of moving
00:36
right now and i’m not even at my home
00:38
desk setup i wanted to make sure that i
00:40
got this information to you guys because
00:42
there’s a lot of time sensitive stuff
00:44
that’s about to happen with these
00:45
projects and i want you guys to know
00:47
about this and if that sounds
00:48
interesting to you make sure you hit the
00:49
like button on this video also if you’re
00:51
new to my channel i make content all
00:52
about day trading crypto investing
00:54
personal finance if you like those sorts
00:56
of things make sure you hit the
00:57
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00:59
notifications so you know when i post so
01:01
if we look at when bitcoin reached over
01:04
all-time highs in the influx of altcoin
01:06
investing that we saw right here on
01:08
about february 7th we saw bitcoin break
01:11
all-time highs and go up to its all-time
01:13
high before the sell-off and that was a
01:14
55 increase now if we go over to our
01:17
coin index from the same exact day
01:20
we can see basically a 300 return in a
01:24
large basket of major altcoins that’s
01:26
just showing you the magnitude of
01:28
altcoin investing in the buy side volume
01:30
that you can see once we see bitcoin
01:32
over all-time highs it brings in a lot
01:34
of new investors so the first project
01:36
that i want to talk about is the effect
01:38
network basically what i’ve noticed from
01:39
the market is companies like upwork in
01:42
fiverr have been gaining a lot of
01:43
traction because it sort of allows a
01:45
connect between a bunch of people that
01:47
have skills and demands from companies
01:49
that need specific niche jobs but don’t
01:51
want to go through paying employees to
01:54
train to do a bunch of things it’s sort
01:55
of a way of connecting skill bartering
01:57
and it’s actually really really taken
01:59
off the market cap of fiverr right now
02:00
that was created in 2010 is 6.8 billion
02:04
dollars so that’s that’s pretty
02:05
substantial market capitalization for a
02:08
company that facilitates freelance work
02:10
so there’s definitely a lot of
02:11
opportunity for blockchain technology to
02:13
sort of emerge in that and that’s sort
02:15
of what the effect network is doing so
02:17
and the effect network is sort of the
02:18
only cryptocurrency project that’s sort
02:20
of doing this sort of concept so
02:23
basically you can think of it as a
02:24
global network of people that can offer
02:26
services to companies and the coolest
02:29
part about it is it’s completely
02:30
decentralized it also the way that
02:33
people skill is determined is by the
02:35
effect networks ranking people
02:37
peer-to-peer as they improve they get
02:39
rated higher and higher and they can
02:40
actually earn more cryptocurrency for
02:42
doing services to other companies so
02:44
it’s basically the quality of the
02:45
employee in the work is completely
02:47
determined by their performance and
02:49
ability to complete tasks and that’s
02:51
where the verification comes from you
02:53
can work from anywhere in the world and
02:54
i think this concept coming to
02:56
cryptocurrency using blockchain and
02:57
decentralization is super cool and the
02:59
effect network also has a ton of
03:01
decentralized applications that can
03:03
allow companies to do a wide variety of
03:05
things i already know they have
03:06
partnerships with craft heinz they work
03:08
with united nations youtube’s even
03:10
starting to use them the company uses
03:12
decentralized applications and then all
03:14
of the tasks are figured out by the
03:16
people and they can earn the native
03:17
cryptocurrency for doing these tasks and
03:20
another cool thing is the effect network
03:22
isn’t really necessarily a brand new
03:24
project and they experience the first
03:26
sort of major crypto sell-off into
03:27
dormancy they’ve been able to survive
03:29
that and now i believe they’re coming
03:31
back and could take another run at highs
03:33
which could be a crazy good opportunity
03:35
we’re sitting right now at a sub 5
03:37
million dollar market cap i’m trying to
03:38
figure out relative sector strength from
03:41
something that we’ve already seen and i
03:43
don’t know how people are gonna respond
03:44
to this they’ll probably be like oh
03:45
craig this is not you can’t compare
03:47
equities to script those or vice versa
03:49
all i’m trying to do is figure out the
03:51
demand for something in both markets and
03:53
then use proportions from stocks in that
03:56
sector to a similar sector on the crypto
03:58
side to figure out a possible valuation
04:00
or something close so what i did was
04:02
basically found the market cap of the
04:04
dow jones and then found the market cap
04:06
of fiverr and i used proportions against
04:08
the market capitalization of bitcoin and
04:10
where efx’s market capitalization on the
04:14
same size would be and that would take
04:15
us up to a 680 million dollar market cap
04:19
to be proportionally large to fiverr now
04:21
i’m not saying that that’s definitely
04:22
going to happen fiverr is well
04:24
established there’s a lot of competitors
04:25
that didn’t make it and fiverr ended up
04:27
making it so we definitely have to take
04:29
that into consideration but
04:30
understanding that we’re sitting at a
04:31
five million dollar market cap and all
04:34
of their books look relatively clean
04:35
they have ten thousand people working
04:37
for them currently they’re sourced and
04:39
used by real companies leads us to
04:41
believe that all we really need to do is
04:42
see a little bit more adoption and we
04:44
can really see this project run i’m not
04:46
saying that we’re going to see that 680
04:48
million dollar market cap but even if we
04:50
saw a 250 million dollar market cap we
04:53
could see the price go to one dollar
04:54
which would ultimately be a 50x from
04:56
here and that’s considering it not even
04:58
really taking off to full effect we seem
05:00
to see some traction in this project we
05:01
can see right here we have 7 200 people
05:04
watching this keep your eyes peeled for
05:06
this to start taking off definitely
05:08
could be a small allocation in a
05:09
portfolio that i think could do really
05:11
really well that’s what i will be doing
05:13
next project that i want to talk about
05:14
is wii u and i know i’ve talked a decent
05:16
amount about wii u so i’m not going to
05:17
go too into it i’ll put a card up here
05:19
of the other review that i did on wii u
05:21
if you want to learn about the project
05:22
but basically they’re a one-stop shop
05:24
nft project they have a lot of updates
05:27
coming up we did i want to say a 20x off
05:29
of the private sale which was extremely
05:31
good for our internal community if you
05:33
want to be tied into our more inner
05:34
community i will put the link to the
05:36
discord in the description of the video
05:38
interesting news that’s coming out with
05:39
wii u that i think is going to largely
05:41
impact the project is the fact that
05:43
they’re launching a launch pad in like a
05:45
couple days from now i think that that’s
05:47
gonna move the price a ton launch pads
05:48
have been very successful especially in
05:50
the past six months as far as driving
05:52
projects in projects on launch pads
05:54
actually being successful too okay we
05:55
did get a pretty major sell-off off of
05:57
the ico we’re sitting in around three
05:59
cents right now the market cap is still
06:01
sitting at right around 15 to 20 million
06:04
so it’s definitely not big i see wii u
06:06
as one of the front runners in the nft
06:08
space okay i am personally invested so i
06:10
do have skin in that game but also
06:12
there’s a problem with nfts and people
06:14
don’t even know where to really go to
06:16
get into nfts and it’s just a very
06:17
confusing process wii u is bringing it
06:19
all to one place okay they’re pairing up
06:21
with a youtuber that has 15 million
06:24
subscribers and he’s basically in the
06:26
gaming space to try to get the
06:27
information out and that’s sort of what
06:29
has been most successful in the
06:30
cryptocurrency space is just getting the
06:32
popularity there and that’s allowing
06:34
these projects to really succeed and
06:36
something to consider as well is the
06:37
fact that if we take the market
06:39
capitalization of open c and we just
06:41
take five percent of open seas market
06:44
and have that go over to wii u even if
06:46
wii u just succeeds a little it’s
06:48
probably going to be like a 20x
06:49
investment and that’s not to say that it
06:51
doesn’t steal some of the market shares
06:53
more significantly from openc or other
06:55
places in the nft space in which case we
06:57
could see this in a multi-billion dollar
06:59
valuation that’s personally where i see
07:01
the future of it i think that the
07:02
developers in the marketing is extremely
07:04
good on wii u and their product is
07:06
actually taking the necessary steps to
07:08
succeed in the space once again i have
07:10
skin in the game so i want this to
07:12
happen but the reason i got into it was
07:14
from a non-biased review and i think
07:16
that’s worth noting the growth potential
07:18
based on those factors and then the
07:20
third project that i want to talk about
07:21
which actually is my favorite project is
07:23
called bistro there’s a ton of money
07:26
funneling into food delivery with
07:28
ubereats we have doordash i think that
07:30
we haven’t really seen much
07:32
cryptocurrency development in that space
07:34
and i think that’s going to change
07:36
there’s a lot of issues that are
07:37
emerging with uber in general okay a lot
07:40
of you probably have realized that uber
07:41
is hiking up a lot of their prices in my
07:44
opinion they just operated at a loss for
07:46
several years to get people routinely
07:48
dependent on using uber and then they
07:50
knew they could hike the rates and
07:51
people would be forced to basically pay
07:53
those rates i see ubereats in doordash
07:56
getting people complacent on those
07:57
services and then hiking the rates up
07:59
which is going to make it really really
08:00
difficult for restaurants to be able to
08:02
be competitive they’re going to have to
08:03
shift a lot of the way they do things in
08:06
order to be competitive and i think that
08:07
that’s semi-unfair and sort of holds the
08:09
restaurants hostage and i think that
08:11
there’s going to be a decentralized way
08:13
of preventing that i think that that’s
08:15
something that bistro is going to solve
08:17
so think of it as like a doordash or
08:18
ubereats interface but every time you
08:20
transact in the bistro token which is
08:23
bist you get a
08:25
cash back discount on that transaction
08:27
and if you pay with any cryptocurrency
08:29
you get a one percent cash back in the
08:32
actual bistro token as well so it’s
08:33
essentially like you’re earning credits
08:35
organically but you’re also earning a
08:37
token that can also appreciate which is
08:39
very cool and instead of these companies
08:40
just stealing your user data and using
08:42
it for themselves you actually get
08:44
rewarded for sharing your user data and
08:46
if you leave a review you actually earn
08:48
bistro token for leaving reviews on your
08:50
favorite foods or restaurants which i
08:52
thought was really cool as well so it
08:53
basically gives restaurants the ability
08:55
to use decentralized finance to run
08:58
their food delivery services which i
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think is absolutely cool and i think
09:01
could be a huge exploitation that sort
09:03
of no one’s really investing in yet no
09:05
one’s really thinking about and they’re
09:06
thinking about it which really is what
09:08
caught my eye okay restaurants using
09:10
bistro as well can actually ask for
09:12
funding from people that love going to
09:14
the restaurants in order to develop new
09:15
recipes to expand buildings i think
09:18
there’s a lot of open-ended opportunity
09:20
as far as the use case for bistro and if
09:22
we take a look as well we’re sitting
09:23
right in that sweet spot that i like to
09:25
invest in in that 5 to 10 million dollar
09:28
market capitalization okay bistro is at
09:30
sitting at 10 cents right now we did get
09:32
a slight push as of recently but this is
09:34
a fairly new project as well i think
09:36
that people really haven’t caught on to
09:38
the upside potential of this okay the
09:40
books are really good the idea is really
09:41
good tokenomics are pretty decent and
09:43
once again if we use the sort of
09:45
proportions that i used before to figure
09:47
out what ubereats is actually taking in
09:50
per year we can see right here in 2017
09:52
they’re at basically half a billion
09:54
dollars in revenue 2020 they’re at
09:56
almost 5 billion in revenue we’re gonna
09:58
see what the end of 2021 leads to but we
10:01
should continue to see a growth like
10:03
this and just by using proportions on
10:05
that as well we can basically look if
10:07
the dow jones has a 10 trillion dollar
10:09
market cap and uber eats has an 87
10:11
billion dollar market capitalization
10:13
with bitcoin with a one trillion dollar
10:15
market cap bistro could essentially hit
10:17
an 8.6 billion dollar market cap so even
10:19
if bistro did like 30 of that
10:22
performance that means that at 50 per
10:24
token we could be sitting at a 2.1
10:26
billion dollar market cap which would be
10:28
nearly a 500 x in the price of bistro so
10:31
i’ll definitely be allocating a small
10:33
portion of my portfolio into this
10:34
project there’s going to be an incentive
10:36
for blockchain technology and
10:38
decentralized finance in that space even
10:40
if these projects don’t come to fruition
10:43
and actually get fully adopted and
10:45
succeed we’re probably going to see them
10:47
get their run at it and take another run
10:49
which could mean you know a 5 to 10 to
10:51
100x on a lot of these projects the more
10:53
you diversify and sprinkle out into
10:55
things with good use cases good books
10:57
with good concepts the more opportunity
10:59
you’re going to open yourself up to and
11:00
right now we can see that bitcoin is
11:02
respecting the overall trend that it’s
11:04
on right now reacted off the 61.8 and
11:07
now it’s headed for highs so if we use
11:09
the process that we use in our internal
11:10
cryptocurrency team to trade
11:12
cryptocurrencies on a regular basis to
11:14
generate regular profits we can
11:16
basically use this as swing one find our
11:19
factor of one and use this 161.8 to
11:21
project a possible end of the trend
11:24
there’s two levels we should actually be
11:26
looking at one is this 161.8 level which
11:28
is sitting right at that hundred
11:29
thousand dollar psychological level and
11:31
then we also have the 261.8 right here
11:33
at that 153 thousand dollar range so if
11:36
we do see that we could see absolutely
11:38
parabolic altcoin opportunity but
11:41
anyways guys if you’re still here with
11:42
me make sure you hit the like button on
11:43
this video and if you’re new to my
11:45
channel and you haven’t done so already
11:46
make sure you hit the subscribe button
11:48
turn on all bell notifications so that
11:50
you know when i post videos okay i
11:51
appreciate all you guys still being here
11:53
and also guys if you want to get a quick
11:55
snapshot of basically the consolidated
11:58
cryptocurrency information that we use
11:59
on a weekly basis to make our investment
12:02
judgment and sort of understand what’s
12:03
going on in on chain and with news we
12:06
offer weekly research absolutely for
12:08
free so if you’re interested in doing
12:09
something like that i will put the link
12:11
to that below and you can check it out
12:12
and you’ll get emailed it every week and
12:14
you can just read sort of a consolidated
12:16
view of what we’re paying attention to
12:18
but anyways guys i hope you enjoyed this
12:19
video make sure to do your own research
12:21
before investing in anything and i will
12:23
see you all in the next video
12:26
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