$BABYBTC : $0.001
Market Cap: $1M
Supply: 1,000,000,000
Holders: 10,800 Top 10: 65%

So you missed Bitcoin’s rise from $0.008 to $100,000?

I did too.

Well I talked about BTC, and tried to get subscribers to pay me in Bitcoin, and I’ve received Bitcoin for rent. But I never purchased BTC, not on an investment scale. Certainly not when I first wrote about Bitcoin at $30 a coin.

If I had bought when it first hit the radar at $30, just a $1000 investment back then at $30 a coin would have bought 33.33333 BTC. That same investment 12 years later would be worth $3.3M USD. I never did get in on the action 12 years ago when it shot past a buck and moved onto everyone’s radar screens.

The year was 2012, Tesla was $25 pre- split, the weed stocks were just starting to light up, and everyone was still wondering whether Amazon would ever make money? And yeah, BTC was trading at $30 a coin by year end.

Fast forward a generation of investors and the year is 2024.

So where is the next 1000x party? There have been some good ones over the years.

I am going to stand out on a limb and jump up and down and yell out to everyone… BABY MEMECOINS.

BABY MEMECOINS?!?!?

Baby Bitcoin $BABYBTC and ‘baby’ franchise tag in general is where you want to be. This includes Baby Ripple $BABYXRP, Baby Doge Coin $BABYDOGE and even Baby Solana $BABYSOL.

So why am I particular about these baby coins? Coins which literally are just name plays off their adopted parent coin?

Simply put, these coins offer a brand and potential proxy to their adopted parent coin. MEMECOINS mint millionaires overnight. With the minefield in the Solana ecosystem they call memecoins, being able to pick one that is not going to blow up your balance sheet with a rug pull is essential. Memecoins are volatile enough as is ya know. Once these Baby franchise names have been trading for awhile, have a history, they will attract memecoin investors, and eventually build up large community followings.

That’s the big difference between BABYDOGE and BABYBTC. Baby Doge Coin is completely community driven, while Baby Bitcoin is a project launched by MEXC. That doesn’t mean because the coin isn’t community driven that it can’t be successful. On the contrary, if it’s back by strong hands, having a high percentage of ownership can indicate a strong confidence in the project and an ability to be the market maker and drive the price.

In the past, most popular MEMECOINS have been driven by the community. Lately community driven projects, especially ones led by crypto influencers have been going up in smoke like Hawk Tuah. That really is where Baby Bitcoin does differ from other popular memecoins.

The project is backed by a reputable exchange. Not a keyboard warrior with a webcam.

Wouldn’t a project driven by MEXC have a much greater chance of success and lower chance of failure? Considering an entire CEX has a vested interest in the projects success? I think so. NO rug pulls here because this is MEXC backing Baby Bitcoin.

MEXC has also invested into MATE’s Hivello project interestingly enough.

Peanut the Squirrel Sets a Roadmap

You really don’t have to go too far to look at other exchange driven projects. Binance’s Peanut the Squirrel PNUT is a very successful billion dollar plus memecoin. PNUT is similar to BABYBTC. It has a high percentage of top 10 holdings currently at 67%. MEXC’s top 10 holdings of Baby BitCoin bounces between 45% and 65%. Once you see the holdings get that concentrated in the top 10 wallets like they are now at 65%, $BABYBTC usually goes on a good run. In the stock world, having a high percentage of inside ownership is a good thing and I would compare PNUT and BABYBTC to that. Inside ownership. In my opinion and its my opinion only, BABYBTC is on its way to a PNUT type run and will be to MEXC what PNUT is to Binance.

Why else does Baby Bitcoin have billion dollar potential like PNUT?

Investors will liken BABYBTC to BABYDOGE, which has a fully diluted market cap of $950M. With a price set by BABYDOGE already knocking on $1B. It is already showing that these BABY memecoins have absolutely huge potential. Baby BitCoin will naturally be compared to BABYDOGE and its price will eventually be driven towards Baby Doge Coin’s valuation. $BABYBTC and $BABYXRP are valued at $1M respectively, are still largely relatively undiscovered, and DIRT CHEAP when compared Baby Doge Coin or even Peanut the Squirrel PNUT.

Crypto Influencers are leaving a bad taste in investors mouths.

These are not community led projects like a lot of memecoins out there. That being said, if these were community projects, the hype would be so much that the ICO price would be well above $1M with the 1000x potential just not being there. Just of the hype driven by the communities involved makes the initial trading of them overpriced with little room for organic growth at first. The hype makes these coins launched at multimillion dollar valuations, while these Baby Coin names have the potential to grow organically from a relatively inexpensive market caps. Baby BitCoin has traded as low as $300k market cap which is absolutely insane for a project with billion dollar potential. When you know it has the support of a CEX in MEXC, it gets that much better.

It is so much better to buy something cheap with potential and wait for the rest to see what you see.

So what do you do with $BABYBTC?!?!?

Do you buy and hold Baby BitCoin? Do you trade it? How do you approach BABYBTC? If you truly believe like I do that BABYBTC is a memecoin that everyone will eventually want to hold. You might find a good price target like the current and start to HODL. BabyBitCoin will eventually have staking and yield farming which will encourage long term holding of the project.

Since you can’t buy and HODL large amounts of Bitcoin, why not buy and hodl BabyBitcoin?

Seems like a fun game to me. Throw some extra profits into BABYBTC every trade as a hodl strategy, and you could end up as a little Microstrategy hodling millions of BabyBitCoins. Hodling BabyBitcoins could pay off one day. All I know is that at $1M market cap and this already trading from $300k up to a $10M valuation, BabyBitcoin offers what I call, EXTREME POTENTIAL.

Even $100 at this price could pay $1000 during 2025 memecoin season. Eventually that $100 investment could go 1000x and turn into $100,000. You don’t have to bet the farm here to change your life. Since it’s a project launched by MEXC, its both ‘safe’ and cheap at $1M. And when I mean safe, I mean safe of rug pulls and honeypots. Not safe from bad timing and buying when you should be selling. What I notice is the top 10 owners accumulate on the downdraft which is essential and what I would consider a type of market making for the coin. I watch one of the wallets trade on DEXTools and it owns, I’m not joking…. 237M coins. This wallet is buying coins at $0.001, so I would be buying too.

To be honest, I don’t hold on to stocks for too long. I’m a trader, not a HODL’r, although when I look back at the investments I have talked about, HODL’ing would’ve been the way to go. I’ve got ADHD so someone else has got to HODL for me.

But if I am going to HODL something $BABYBTC is going to be my HODL.

BELEIF and CONFIDENCE

Memecoins are supposed to be fun so this is how I am playing this game. I have found a COIN that I believe that everybody is going to want to hold. That’s really my bottom line right here. I believe in this coin over the long term and know others will have the same belief. It’s this confidence that I know others will have in this project which draws me here first.   I want something to HODL and put into cold storage, or at least stake and farm, and hold over the long term.  I want something fun that mimics what those whales do with BITCOIN. I may never be the Satoshi of BABYBTC… I think MEXC is. I certainly could end up being a whale at the current prices adding a $100 here and a $100 there.

Everyone in the crypto world will eventually associate Baby BitCoin with Bitcoin and it will trade almost like a proxy to BTC. The confidence that everyone has in BTC will gravitate to Baby BitCoin. There is already a ton of confidence where this project is going and its only been trading a month. After 5 years the confidence will have grown into Baby Bitcoin being a regular part of the cryptosphere.  

I want something that I can eventually trade and get paid, Solana coins offer that.   I want something I can potentially transact with one day, again, Solana offers that. Even Baby Doge Coin has recently launched on Solana, because Solana now offers that.

I missed out on BTC.  I didn’t get the $0.008 to $100,000 and I am mad. Well not really mad, maybe determined.  You know what?!?!?!  That’s okay, because there is always another 1000x train coming. That is the probably the allure of memecoins more than your fair share of 1000x type of returns.  Getting that BTC type gain $0.008 to $100k.

With the invention of Solana, trading and accessing coins like Baby BitCoin has never been easier. So if you missed out on Bitcoin like I did, I have the next best thing…

Baby BitCoin $BABYBTC $0.001

You missed out on HODL’ing BTC $0.008 to INFINITY.  Here is your chance to HODL BABYBTC $0.001 to INFINITY.

I am not joking.  BABY Bitcoin is that good.  This is the one Solana memecoin you are going to want to HODL just like MEXC.

It’s on SOLANA’s superior technology which makes it ideal for end use such as purchasing and trading with low transaction fees as times. 

It’s SAFE being backed by MEXC with high insider ownership similar to Binance’s Peanut the Squirrel PNUT.  

It’s got the name Baby BitCoin $BABYBTC which EVERYONE will gravitate to. It will trade like an eventual proxy to Bitcoin.

It’s got the up and coming ‘Baby’ franchise tag. These memecoins will be their own category one day with the first movers being the most popular. Certainly BabyBitcoin will be considered one of those first movers when their are 30 Baby Coin names on a given watchlist.

Who is NOT going to want to HODL this COIN?

I know I’ve got 2M of them already and will keep buying more as the confidence in the project grows.

BABYDOGE has paved the way for BABYBTC. 

Baby Doge was the first memecoin in the baby category and now has grown into a market capitalization of $950M.  People always copy successes. Truly Baby Doge is a community success. I truly believe that BABYBTC has the same potential but without the same initial hype leading you to get in in a similar level people originally got in on BTC at. Wouldn’t that be something?

You missed out on BTC at 0.008 to $100,000… You might just hit the jackpot right here with this fun memecoin.

If BabyBitcoin equals the same valuation as BabyDogecoin, that is 1000x from the current prices. Being a project backed by MEXC, you can increase the chances of success because there is money behind and a lot of belief in those top 10 wallets.

Considering that the BABY COINS are an emerging niche in the MEMECOIN space… I only encourage you guys to get there first… get there first before the HERD comes so you can sell them your coins at a 1000x price.  Or in my case HODL coins from a super low cost base. Baby BitCoin is only a month old, but has been derisked enough that it is safe for investment.

BABYBTC SUPPLY IS FINITE. 

The supply is hardcapped.  The one good thing about many of these memecoins is there is no mining, there is no future minting. The supply is the supply, is the supply. This makes the most popular memecoins potentially like Baby BitCoin extremely valuable eventually. They could be like Gretzky rookie cards or Alpha Cards in Magic the Gathering. I am not joking here. That’s what these coins will eventually be 30 or 40 years from now. You actually won’t have to wait that long for a big payoff but these coins could literally be $1000 dollar coins by 2050. No joke. When I say 1000x, you could get that in 1 year, but hopefully over the next cycle you could see that with growing popularity. The supply will be extremely limited for the most popular of them. I see Baby Bitcoin as being one of those coins and the supply becoming extremely limited over time just like BTC.  

No one will want to let go of their Baby BitCoins.

If everyone decides to BUY and HODL Baby Bitcoin like I am doing, there could be a mass inflection point that drives this coin to 10 cents next spring. I am not saying its going to happen, but it could and the chances of it happening are probably better than your average memecoin.

At any rate, $BABYBTC  is a fun idea that has come across my radar and I am not going to be very reserved about this coin’s prospects.  They are some of the best in the business when it comes to projects launched by exchanges. Just look at PNUT to see where those suckers eventually go.

What does a MEMECOIN really need?  CONFIDENCE.  That’s all a MEME needs.  Everyone is so confident about Baby BitCoin’s big bro… they will naturally believe the junior coin has the same mojo.  MEXC adds to that confidence. So do 11,000 holders. So does the wallet that holds 25% of the total supply.

Seriously guys… don’t miss out on the SOLANA memecoin you can’t not HODL for years to come. 


Christopher Skidmore

Beat The Market Stock Picks

Hivello and Bockmate Ventures MATE.V are launching a large DePIN project which already has 30,000 users in its beta program.  DePIN stands for decentralized physical infrastructure network and it ties together crowdsourced physical resources from across the planet on the blockchain performing everyday services, not just mining crypto.  DePINS use the unused computing capacity of devices tied together on a network to secure blockchain services. Since there is no mining crypto involved, securing the blockchain can easily be done with a network of devices as simple as a PC or gaming device. In fact the potential is so great that this APP could be developed for Playstations and Xbox’s as well, not just personal computers and you could potentially hook up millions of idle playstations to a DePIN network to secure a blockchain.

So why would you hook your computer or playstation up to a DePIN network?

DePINS provide cryptocurrency token rewards in return for these services of course. Put your idle devices to work for you just kind of make sense. You will receive coins that you can change into fiat, or that you can hodl for greater value in the long run. You don’t do any work, so if your playstation pays for itself while hooked up to a DePIN network over a couple years… why not? Currently Hivello’s technology is only for computers, but I already see the scope broadening to gaming devices because many of us use them maybe a couple times a year and it jsut makes sense to include these devices in a Depin network.

One thing for sure is that the potential for DePIN technology growing into one of the biggest areas of crypto is there. People want to apply ledger technology to everything. There is absolutely no arguing with the blockchain, so it makes sense. As someone who has an accounting education, I get how ledger’s work and why they are needed in today’s world. In this rapidly growing area of decentralized finance and blockchain, there are certainly going to be some big winners as corporations starting putting everything onto the blockchain.

So what company has the potential to go from $14M to $140M?   
 
The company that is at the center of an emerging new sector in Defi of course… 

Blockmate Ventures MATE.V  0.125 / $13.8M is 50% owner in Hivello. They may not be the market leader in DePIN technology, they are however the market leader when it comes to public access to DePIN. That is a big advantage for MATE.V and Hivello because the market can make this company through SP appreciation and allows them another avenue to raise funds and ultimately the ability to acquire and develop the technology which compliments their own and allows them to compete against the top projects like Filecoin, Helium, Theta, or Akash.

At only a $14M market cap, the opportunity for growth into a bona fide small cap from micro territory is too good to pass up.  Especially when you find an undiscovered GEM in an up and coming area of DEFI. To show you the potential gains MATE could enjoy you don’t have to look far at the unique companies that have flown to the moon. So far this cycle we’ve seen DEFI grow up with their income statements and balance sheet exploding. DEFI isa unicorn on its own. Next we seen HODL grow up as the only true Solana play validating Solana and getting paid in coins that are going to be worth a lot more in the future.

And now it looks like it might be MATE’s turn… we have another unicorn folks. If you don’t think MATE is a unicorn.. give your head a shake. 30,000 users have signed up even before the BETA was launched.

The MATE/Hivello partnership has flown under the radar and only recently has woken up.  The volume on this company is so great in the last few weeks that its only a matter of time, not an if, that this company does nothing but go up on low volume days and high volume days.  It is so undervalued for what it owns and the potential in the DePIN sector, the growth trajectory so large, that the market has finally woken up to MATE.V… and it only took the start of a crypto bull, when you can still find some of these undiscovered gems. 

Highlights of DePins …

•  They are blockchain-based management systems for real-world facilities like marketplaces for computing power and real-world data.
  • decentralized peer to peer file storage networks
  • decentralized GPU platforms
  • decentralized global video streaming services
  • decentralized cloud computing marketplaces
• It is a reward-based system for providers of crowd-sourced physical infrastructural services while promoting decentralized alternatives for known traditional facilities.
• The DePIN concept has a versatile scope and stretches through a handful of vital operational systems in industrial and everyday aspects.

There are 295 DePIN projects with a combined valuation of $39 billion which implies an mean value of $132M per project.  There are a total of 19,164,068M devices hooked up to DePIN networks.


So what does Hivello’s DePIN technology do?

Well it plans to aggregate as many computers on its DePIN network as it can.  It then effortlessly connects that computing power to multiple revenue generating DePIN networks. Their technology works with Linux, Windows and Apple’s macOS and it harnesses the unused computing power of each device to secure the blockchain in whatever network its operating in. I think one of the big keys here is it is an aggregator of computing power and network users and deploys that power to multiple DePIN networks.  In return each user gains rewards in the form of crypto.  Considering Hivello had 30,000 users signed up for their beta program and it has seen tremendous growth since, it seems like a much anticipated launch by crypto enthusiasts around the world.  The presentation by Hivello CEO on Binance on Thursday was watched by 20k people. Most of these would be more excited about the Tier 1 coin offering Hivello is launching, not Hivello’s 50% investor Blockmate Ventures.

Ya, I said a ICO. Not only does Hivello have a popular app which promises near term revenue for the company. They are also launching a Tier 1 coin which could grow and compete against the top DePIN projects out there like Filecoin(FIL), Render(RNDR) or Theta(THETA) valued between $3B to $5B. This is the potential Blockmate’s investee Hivello has. I would be happy if MATE grew to $140M valuation and I would call it a success, but these guys are truly walk in the land of giants.

Here is a real world way to earn crypto without investing in expensive hardware. Its crypto mining 3.0.  We have crypto mining, then staking and now you DePIN where everyone can now get involved.  Not just geeks or companies with money.   

It certainly is an excellent way to earn passive income using your PC on its downtime and it is changing the lives of people in countries who are developing giving them extra income.  Here is a unique way to harness your computer that you barely use at home.  Not only are you earning passive income but its crypto, so if you just hold on to it for a generation, its really going to be worth something one day. 

Not only will you earn crypto… but Hivello is also promising airdrops for engaged users.

This includes their own token that they are launching in a Tier 1 exchange.  I would guess it might even be Binance, considering their CEO was interviewed on that site yesterday.  The ICO is valued at $30M in addition to the goodwill of their DePIN app which at this time only seems to grow. Like the amount of uses the app is attracting.  These are truly exciting times with MATE with a perfect storm brewing on the horizon for this unicorn in this exciting area of growth for crypto. This is probably one of the biggest areas considering blockchain enthusiasts want to put everything on the blockchain eventually. 

You just can’t argue against ledger technology.

This is an app that will most certainly monetize into near term revenues with 30,000 initial users chomping at the bit to be apart of Hivello’s DePIN network. The applications for Hivello’s technology is unlimited and the sky really is the limit when you think about it.  To the Moon those kids say! To the moon this unicorn will fly. Being one of the only options to invest in DePIN out there as a stock should really make MATE.V a go to option in the TFSA. 

Some potential public comparisons for Hivello’s coin launching could be INXD which has the INX token.  The company is valued at around $15M with its coin the INX token. The INX token is not tier 1 and does not have 30,000 user airdrops into accounts like Hivello.  I think its wrong to compare the Hivello toekn to INXD but if you want a MINIMUM value and comparison… that is what I would use. Hivello wants to compete and compliment THETA, FILECOIN, RNDR. Those should be the comparisons be launched on a TEIR 1 exchange like Binance. The Hivello token itself is valued at $30M with Hivello retaining part of the token for use in the ecosystem and to fund operations provide liquidity etc.. 

Just on this TIER 1 token launch alone, Hivello stands to reap huge gains and should be valued well north of its current number.  Then you add in this promising DePIN app aggregating netwrok users and deploying that power to multiple DePINS makes Hivello truly a unicron in the DePIN sector. The near term revenue potential with already 30,000 engaged users on the platform makes Hivello just that much more attractive to anyone …  that can see past MATE as a 10 cent penny stock. Things really do look promising at MATE.V, or at least they do from my perspective.

So lets look at these comparable for valuation... 

• Coin offering? ….  $30M to $50M
•  Average DePIN project worth $132M. 
• Value based on plugged in devices?  $31B / 19M = $1631 per hooked up machine.  30,000 users would imply $48.9M valuation per device/user. 
• Near term revenues
• UNICORN, UNICORN, UNICORN did I say this is a unicorn?

You add all these basic metrics together and I see MATE growing easily to a $100M valuation based on its 50% investment in Hivello. It ain’t going top get there in a day no… but I can’t see why for the life of me Blockmate can’t grow to at least $45M to $60M before Chistmas based just on these metrics alone.   At just a $14M enterprise value before warrants and options are exercised, there is so much room for growth,  with so much value still dripping over the edges, that this is a must have stock for the upcoming crypto run.

Certainly one for the ages in the TFSA.  

It’s always hard to throw a price out on a company especially when its a unicorn, and when a herd of investors can really push things past what would seem reasonable, but I really really think the value in users in a network that deploys its power to multiple DePINS is something unique and a strategy that makes Hivello’s technology integral to DePINs around the globe. The TIER 1 ICO makes it even more exciting and brings even more value to this prospect. MATE.V is UNDENIABLY one of the most intriguing investments in the 10 cent range you can buy on the Canadian markets.  Certainly if you want exposure to DePIN… MATE.V is the market leader in poublicy listed stocks available for the TFSA.

If not the only DePIN focused company on the market today.

Christopher Skidmore

Beat the Market Stock Picks

While bitcoin is breaking out to all-time highs, there is a quiet mover quickly running up the crypto ranks. 

Solana.

This cryptocurrency is so strong that it is poised to eventually overtake Ethereum as the number two cryptocurrency on the landscape.  Some have even put $10k targets on SOL.   I’m not sure about $10k, but certainly $1k is attainable which is what I tell my son.   While ETH still struggles well below their all-time highs, SOL is already poised to break out from the last bull run highs right along with Bitcoin.     That’s how strong SOL is… its leading the market right along with BTC.

Why is SOL so strong? Why do many believe SOL is on a path to overtake ETH?

• Low Transaction Fees – the system is designed for transaction costs which makes it popular with developers and users including microtransactions buying $5 worth of a meme coin.
• Speed of the system – The Solana is capable of processing up to 65,000 transactions per second with its unique architecture and consensus mechanisms.
• Proof of History PoH – Is an innovation of the Solana system which is a timekeeping technique helping nodes agree on the order of events without constant communication when combined with PoS gives Solana an undeniable technical edge to Ethereum
• Proof of Stake PoS – Helps secure the network and validate transactions in an energy efficient manner as well as provide validators rewards through staking.
• Friendly Ecosystem – Solana offers developers a suite of tools and resources to build of its platform.
• Smart Contracts – Self executing contracts that can be used in a wide range of applications from DEFI to NFTs.

The number one reason is transactions costs and speed of the system.  That is what is driving SOLANA.  Efficiency of the system.  It is just superior technology to ETH which was developed soon after Bitcoin while SOL was developed in 2020.  Bitcoin is digital gold, so they don’t need to change.  But there is only 1 digital gold. 

BTC. 

So where does that leave the #2 crypto ETH?   Kind of in dinosaur territory on the verge of being extinct as irrelevant.   The SOL network is extremely fast, and its fees are some of the lowest in the industry which makes this an ideal coin to both transact with, trade with, and whose blockchain have meme coins that consumers will want to transact with.  Irrelevant may be overexaggerating the #2 cryptocurrency.  But it is not an exaggeration to how much better SOL is than ETH.

They don’t have to build a second layer like ETH 2.0 and PEPU just for transactions.  ETH’s network is so plugged up due to it being just too busy with, staking and NFT’s and everything else built off that network.  It doesn’t help that SOL’s blockchain is superior to ETH’s as well.   You can buy SOL and then exchange it for pretty much anything at a fraction of the cost of ETH.   You want to buy say PEPE, the largest MEME coin in the ETH network, its going to cost you $20 in gas fees for $20 worth of coins.  A similar transaction in the SOL ecosystem, say buying the largest MEME coin on that network, BONK, will cost you less than a dollar for the same transaction. 

I did an experiment between ETH and SOL.  I put $100 into SOL in a SOL wallet (Phantom) and the $100 into an ETH wallet (MetaMask).  Just getting the money into the wallet cost me 3% in fees on ETH.  It was FREE on SOL.  Then I went to buy the most popular MEME coin on ETH, PEPE.  For $20 in coins it literally cost me $20 in gas fees. I was literally choking… how can anyone trade coins like this? 

You can’t.  Literally MEME coins on ETH are a joke because you need massive moves to make money or have to buy a large amount of coins at a time.

So, let’s go to the SOL network.  I bought $20 worth of SOL’s most popular MEME coin, BONK.  I think on a Friday night the fees were super low, but it cost me 50 cents for the an identical transaction.

It’s not even a contest.  $20 bucks or 50 cents?  This is supposed to be DEFI…do I have to go to Robinhood to trade PEPE with no fees?  Then there are Robinhood’s routing issues that I would never trust.  Getting the best price?  Yeah right.

Fortunately, its not all doom and gloom for ETH, they are trying to evolve.

PEPU is a layer 2 blockchain of the meme coin PEPE that is supposed to bridge that gap with low fees and higher speeds.  But we are talking about BLURAY VS. DVD.  This is basically a situation where one technology is overtaking another.   Even with the development of PEPU and layer 2 at ETH, at present, ETH is losing this battle as SOL is becoming the go to place for meme coins and if that is the case, most likely the birthplace of many coins destined for a payments system.  

If you are going to trade coins, especially up and coming MEME coins, its not even a contest, SOL wins every time because the fees to trade in and out of coins is minimal compared to other coins.  The Solana blockchain is superior technology and as altcoins and meme coins takes hold this crypto bull market, SOL is the clear winner.  They even have several DEFI exchanges launched off their technology including Jupiter and Raydium.  These exchanges are making it simple for crypto investors to trade their coins within the Solana ecosystem, without having to rely on Binance or Coinbase or for the average investor, wait for an uplisting to Robinhood or Wealthsimple.

So why are meme coins rising in popularity these days? 

1. They make ideal payment alternatives to fiat.  If done right, they are true public assets like DOGE.  They are not owned by anyone, the government, private individuals, or corporations.
2. They have a high public confidence because they are community driven.
3. Most are end layer blockchain technology meaning the coins are not bogged down by other technology on the blockchain which ultimately slow down transaction speeds and increase costs.
4. They are fun.

I am going to hazard a guess that its those low fees and speeds which translate into a coins ability to become payment alternative.  This is the end goal of a good portion of cryptocurrency, to compliment and support a fiat system, and put checks and balances on public debt tied to fiat.   
 
What are the cheapest coins to transact with?
 
From the table below its easy to see that both SOL, XRP and TRON stand out as large cryptocurrencies with both low transaction fees and near instant speeds. 

Crypto	Transaction Fee	Transaction Speed	Market Cap
PEPU	Extremely Low	Instant	TBC
Nano	$0	Instant	$170M
IOTA	$0	Instant	$744M
TRON	1 free transaction per day	3 seconds	$10.6B
Solana	$0.00025	2.5 seconds	$81B
Dogecoin	$0.04	1 minute	$24B
XRP	$0.0002	4 seconds	$30B
Litecoin	$0.0025	2.5 minutes	$6B
Monero	$ 0.0010	2 minutes	$2.5B
Bitcoin Cash	$0.01	10 minutes	$10B

 
If you are a cryptocurrency destined for the payments system has anything over 5 seconds time, it would be ridiculously slow and not worth the blockchain it is built on.  Certainly, taking minutes to confirm a transaction wouldn’t be worth using at any retail chain.    Nano and IOTA are also potential candidates for a payments system although at such smaller market caps they could only supplement a system as opposed to become a driving force behind one.  

A payment system or systems evolving out of crypto will be a major driving theme behind this bull run.  If you want crypto to survive a BTC winter better, we need people transacting everyday in crypto, not just trading it.  Is this the cycle where people adopt crypto to spend?  That really is anyone’s guess, but it is easy to see that many crypto this run is already being positioned to be a payment coin.
 
What are the companies investing into Solana? 
 
Sol Strategies HODL.CA $1.35/$197M is undeniably developing into the market leader. They are the first mover in the space whose SP has gone from $0.10 to $2.  The share price has settled down a bit trading between $1.20 and $1.50 after the company announced a deal to acquire 4 network validators tripling the company’s capacity to validate the Solana network which increases the company’s validating commission.  They are validating a total of $285M CAD SOL in the network.  

The company also owns and stakes 105,249.82 SOL ($25M) for which they earn a minimum 7% staking rewards.  Considering that Solana is projected to exceed Ethereum this cycle $1000 SOL would be mean the company owns $105M worth of SOL.  Considering the income the company is making in the Solana network and their asset book. I would expect HODL to keep on its meteoric rise.   In addition to the SOL network validators the company also purchased validators for the SUI, MONAD, and ARCH networks validating a total of  $181M CAD in assets.  As Solana puts its footprints all over this bull run, HODL will be the go-to company as a proxy for SOL.  This company is quickly becoming a market darling in this emerging subsector.  The last time they bought SOL it was $191 so their cost base for their SOL is low.  They are the market leader.

SOL Global Investments SOL.CA $0.19/$10M and Neptune Digital Assets NDA.V $0.85/$104M are two companies that have invested into the SOL network by owning and staking Solana.  Neptune is a diversified crypto investment company who announced they purchased and staked 31,715 SOL at 7%.   SOL Global Investments is taking a strategic approach and deploying all their working capital into Solana through purchase and staking coins.  SOL recently deployed $2M into the network at $245 high.   Of all the companies this is the highest risk with the highest cost base, but still, if SOL goes to $1000 this cycle the purchase will seem cheaper in retrospect.   SOL.CA recently announced a $3.6M PP at $0.20 to put towards investing in the Solana ecosystem.

It certainly speaks to the potential of SOL when we have a company buying $2M SOL at the 52 week high. 

Prophecy DEFI $0.04/$4.65M is a company taking a different approach in the Solana ecosystem.  Prophecy DEFI are supporting DEFI exchange Jupiter owning JUP tokens.  Jupiter is the top DEX in the Solana ecosystem.  The upside to owning the tokens of the top DEFI exchange in the Solana ecosystem has a big upside.  Jupiter provides liquidity to the Solana system similar to what Uniswap did for the Ethereum network.   PDFI owns 427,363 JUP and 422,913 PYTH which provides critical on-chain data within Solana and interoperable networks.

With the token trading at $1.20, this exchange could easily grow to 5 to 10x or more.   Uniswap went from a low of $1.76 in 2021 to a high of $44.97 and currently trades at $9.64.  If JUP takes on a similar trajectory, $20 could be in the cards for this token and its long term price projection could be $5.   This exchange was just launched in February and is seeing a consistent surge in trading volumes growing to the top exchange in the ecosystem.   What is clear is that PDFI has positioned itself within the crypto industry to have a balance sheet and book value that is well above the current market cap as early as next year.   A $20 JUP token would imply a $10M BV on just that investment alone, let alone any staking rewards that the token provides.

These companies HODL, NDA, SOL, PDFI are the first movers into the Solana ecosystem.  This makes these companies even more exciting than your typical BTC miners because Solana is on a trajectory unlike any other top crypto.   It certainly makes Solana an exciting and up and coming subsector in the crypto industry.  


Christopher Skidmore
 
 
Beat the Market Stock Picks

Prophecy DEFI INC.  PDFI.CA
Price: $0.035
Shares: 132,850,000
Market Cap: $4.65M

The environment for small caps with potential has been the best it has been since COVID. Add crypto to any of that small cap potential these days and you have some pretty explosive share prices. It’s not just Bitcoin anymore either, investors are now looking for the next Bitcoin, because realistically, BITCOIN can’t change wealth like it used to. It’s for the big boys now. Every institution and their granny is in it now for the yippee yaw hay ride to $200k. Fun stuff if you are retired and need to increase the size of your retirement. So where’s the next Bitcoin? The next crypto to rise to mainstream? Clearly DOGE is on a path to being as mainstream as it gets… but what’s next?

Solana. I cannot understate this. Solana is on the rise to stardom. It is probably the hottest crypto coin for 2024 and this run isn’t one that is going to stop any time soon as it becomes more prominent in the cryptosphere. Solana is here to stay. So much so, it could push to be #3 behind Ethereum in the crypto world and challenge it for dominance. Proof of this is the companies that have gotten involved with the token have been rewarded not only with more Solana through staking, but enjoyed an increase in value of the token, and astronomical rises in their share prices. HODL has gone from 10 cents to 2 bucks on a Solana run, while NDA also went on a tear after announcing purchasing Solana and getting into staking the coin. NDA went from 20 cents to $1.30 … another incredible run over just a few days.

If you liked the reaction, you might like this one too…. the one the market will have to Prophecy Defi PDFI as everyone digests the news and does their DD on their announcement entering into the Solana ecosystem by being active with the Jupiter exchange. Jupiter is a platform that allows users to swap, trade, and govern tokens on the Solana blockchain. It supports spot, perps, and dynamic market making (DMM) products, and has a large community of users and governors.

In the news today, PDFI announced they have strengthened their position in the Solana ecosystem. 

PDFI has invested into Jupiter which is the main exchange for facilitating network liquidity between other exchanges, networks, and market makers integral for providing liquidity for Solana.  PDFI owns 427,363 Jupiter tokens, in the last quarter has generated a yield of 64,312 tokens in the form of Airdrops.  That is an astronomical 15% yield for the quarter.  If you annualize that yield its 60% off their investment without even taking into consideration compounding, if they get airdrops each quarter. The Jupiter Token is a brand new offering trading between 75 cents and $1.50 with its exchange an essential part of the Solana ecosystem.  Jupiter has a 10B total supply allotment, but currently only 1.35B circulating ranked #58 at $1.5B according to coinmarketcap.com.

You could maybe compare Jupiter to an early Binance and how integral Binance played in the rise of Bitcoin. JUP could be an early BNB. What I do know is that Jupiter is integral to the Solana ecosystem and is most likely going to rise along with Solana. JUP probably has a lot more leverage to SOL than SOL itself and as long as SOL continues to show strength in the crypto world JUP will tag along for the ride. You could see a $10 token for Jupiter in the very least.

PDFI is now the next play into the Solana ecosystem, except they are playing a highly leveraged role supporting the Jupiter exchange and its tokens which has so far been very beneficial in the form of airdrops.  This is certainly a niche within the Solana ecosystem, different to HODL or SOL or NDA, but it has the potential to pay off even bigger. The fact that Jupiter plays a huge role with Solana means its an exchange that is here to stay and its token along with it.  If the token pushes to $10 you can expect PDFI will push up in SP along with it and like SPIR will eventually be a proxy to DOGE, PDFI certainly has the chance to be a proxy for JUP/SOL.    

What is clear to me at least, is Jupiter has the potential to increase exponentially when compared to Solana itself and makes PDFI a very intriguing investment going forward.  They hold well over half a million dollars worth of Jupiter alone and if that token takes off could exponentially drive the company’s SP. I for one am glad to see companies diversifying into Altcoins and PDFI has certainly surprised the market with change in focus entering into the Solana ecosystem. Certainly the CEO thinks PDFI is going somewhere buying 2M shares last year between 1.5 and 4 cents.

These guys are absolutely the cheapest price to entry for exposure to the Solana ecosystem at a $5M market cap valuation.

And so far its paying off.  

Prophecy truly is a diamond in the rough.  



Christopher Skidmore


Beat the Market Stock Picks

_{^{Astera Lab’s and Palantir’s earnings beats confirm AI trend is alive and well}}

Both Astera Labs ALAB and Palantir PLTR beat the market this week announcing stellar earnings for their respective AI focused companies.  This is indeed great news for the emerging trends in both companies, but also for the continuation of the general Ai trend as a whole.  For those of you who thought that NVDA was getting long in the tooth and the share price couldn’t support the growth…

You are wrong.   

Proof of that is the growth these two companies are experiencing, at the heart of the Ai trend. 



ALAB provides semiconductor- based solutions for cloud and artificial intelligence infrastructure.  Its intelligent Connectivity Platform is built from the ground up for Ai and cloud infrastructure by providing a matrix of microcontrollers and sensors combined with its COSMOS software delivering critical connectivity performance. ALAB’s EPS has only just doubled each previous quarter 3 consecutive times after breaking into the green. 

Their revenues only grow at a 20% CAGR rate.   If there is a sweet spot for investing in growth, its a company with 20% growth in annual revenues while smashing through that breakeven point.  I don’t know about you, but even though Astera Labs is trading 15% above its price target consensus, this is a stock whose earnings will grow into the valuation. 

The stock was rewarded today with a 35% increase on the day.  Those are penny stock type moves.

OMFG.

All I am going to say is the trend is your friend…. two or three years from now 20% year over year means revenues that could be double that of today… and nobody really knows where the EPS will end up in terms of revenues, but with only 263 employees you would think that the EPS is highly leveraged to their revenues. Generally, the less employees you have per dollar of revenue, means the better for delivering high margin results. 

PLTR is another big mover on the day up almost 25%.



Everyone said it was priced to perfection at $40, but look at the stock now… $51. 

And yes, unlike ALAB whose earnings growth each quarter is something not many will ever replicate, PLTR beat the market as well.  3% on the top line of $723M revenue for the quarter and a 10% beat on the bottom line, which is pretty good too.  Nothing like ALAB’s beat but very strong nevertheless an certainly does not replicate the EPS growth ALAB is currently experiencing.  PLTR is also a niche Ai player, being a designer of software for counter terrorism operations.  While ALAB has 260 employees PLTR has 3600, so its easy to see why ALAB is more easily leveraging their EPS to their top line growth. 

It’s hard to recommend either company trading well above their analyst price targets, but if I had to pick one…. I would favor Astera Labs over Palantir any day of the week.   PLTR rally has gone 5x since February while the ALAB rally has only done 2x since its IPO.  ALAB has way more room to run IMHO.



My top 5 Ai stocks?!?!?!  Let’s not rock the boat here…

1. Crowdstrike CRWD  BUY
   • Market Cap: $75.4B SP: $307.58 Target: $326.38
   • Ai security software for pretty much all the computers in the world.  That outage earlier in the world which affected a huge portion of the world’s computers should tell you just how integral CRWD is to everyone. 
2. Astera Labs ALAB    STRONG BUY  
   • Market Cap: $15.02B  SP : $95.91 Target:$81.50
   • They got the goods for physical ai infrastructure and the revenue growth with the EPS leverage is second to none. 
3. Nvidia NVDA    STRONG BUY          
   • Market Cap: $3.43T  SP: $139.91 Target: $150.70
   • They have the leading ai chips plus ai data center.  Surprisingly its not the CPU’s that is driving NVDA earnings… its their data center growth!!!  I know a lot of other data centers getting into the ai business.
4. Micron MU     STRONG BUY  
   • Market  Cap: $116.96B SP: $105.49 Target: $146.07
   • They got the memory chips, for when the cloud isn’t good enough. the only one matching NVDA’s growth numbers is yes, you guessed it… MICRON.
5. Microsoft MSFT    STRONG BUY
   • Market Cap: $3.06T SP: $411.46 Target: $504.59
   • They got chat GPT this head start on AGI should keep them head in this field for good unless some how Sasha Nutella completely fucks it up.

Christopher Skidmore


Beat the Market Stock Picks

Spirit Blockchain
SPIR:CSE
$0.075
105M shares out
$7.5M market cap

Every once in awhile the market throws you a bone, and in this case it looks Spirit Blockchain was thrown a massive crypto bone. A bone so big it looks like the dog is struggling to even wrap its mouth around it let alone even drag it back to its bed to chew on. Still, it’s the happiest dog on the planet, because it was thrown the biggest bone it could possibly ever get.

Spirit Blockchain’s bone is DOGECOIN Holdings Corp.  Yes, you read that right, the crypto that started out as a joke which has grown to one of the largest crypto currencies in the world, is not a joke anymore and Spirit has managed to strike a deal to acquire its assets. I am not going to joke about this, because this is no joke.  Spirit Blockchain has just acquired one of the largest crypto currencies in the industry and all its intellectual property and underlying assets… Dogecoin. 




In fact, Dogecoin is the 8th largest crypto currency at $23B circulating supply.  DOGE is undeniably one of the most widely held crypto’s of all time with 6.7M active addresses and has one of the biggest communities on reddit with 2.5M users.  In the 20 years I’ve been writing about micro caps and penny stocks, I don’t think I have ever seen a 5 cent company make a splash in any space like Spirit Blockchain has just done.  Not that has the potential that DOGE has at least.  This is the deal that makes this company and I would almost inevitably expect a rebranding to DOGE including the ticker symbol. 

What does Spirit get when acquiring this meme coin’s intellectual property and assets?

1. DOGE’s ETF Platform technology for Dogecoin
2. The Dogecoin payment gateway system in development
3. Cash of $383k
4. Goodwill

What is great about this is the company and this deal, is they did the deal with zero fanfare.  If they had done this right, they could’ve blown the lid of of SPIR on day one with news like this… but instead they tried to sneak the news past everyone like this was no big deal.  Which is good, because it means the company means business and is not some sort of fly by night promotion. 

Some of the key takeaways here are that Dogecoin is a pre-revenue company in the midst of monetizing its assets through the Dogecoin payment system currently in development. This is not just a meme coin anymore. This company is in the process of monetizing one of the largest circulating coins by market cap or users. The potential here really is unlimited once they tap into fees associated with a payment system. You would think that where DOGE is in market cap, how many users it has, and its price of $0.15 to $0.75 that it could be an effective way to make small crypto payments with say like a pack of gum. If you combine being one of the leading ways to pay for things with crypto to DOGE’s credits, the revenue that could flow from this company one day could be similar to Visa or Mastercard or Square. I say this is one of the potential’s here is for DOGE to lead this market. Its absolutely huge. Especially for a$10M market cap company… but this is where Dogecoin could be if and when there is more widespread adoption and use of crypto. We know one one of the next waves of crypto for adoption is actually being able to use it and spend it.

Not the only one… but it is the most obvious. Dogecoin is here to stay. Can they do it? Rome wasn’t built in a day but, yes, Spirit can position DOGE to be a leading crypto in actually buying stuff. And this is where you can sort of see where they are going with it.

Then you want to talk about goodwill. DOGE has a pretty big fanboy in Elon Musk and has very high market sentiment going forward. It is a very bullish crypto for this cycle with some thinking it could crack a buck in this go around.

The deal?!?!?

The DOGE founders took 14M shares of SPIR and another 14M warrants at 0.05.  An additional 28M shares to the float. However only a third is free trading at close, a third trades free at 10 cents and the last third vests at 18 cents. Its pretty easy to see that this stock could move to 20 cents in a heartbeat. There is a financing out that is still open so you can’t expect the lid to get blown off just yet, but when it closes all bets are off where the SP goes. It’s probably why they haven’t promoted this yet, because its a friends and family deal at rock bottom prices. 

Let this sink in…. the founders didn’t take no buyout cash deal.  They are now one of the biggest holders, if not the biggest holder of SPIR going forward on a fully diluted basis. They have nominated Lewis Bateman as their proxy who is now the new CEO. Essentially this company is now controlled by DOGE once all their shares vest. The founders of DOGE actually put their skin in the game here, indicating they feel DOGE is well undervalued and the combination of DOGE and SPIR puts them on a serious growth trajectory.  They are combining with SPIR to help monetize the DOGE ecosystem.  I certainly don’t expect to see insider selling at the price levels those shares vest so those resistance levels are probably more imaginary than real.

At any rate SPIR has instantly gone from a trading shell with a few fringe crypto assets to one of the biggest potential growers in the industry at a tiny $10M market cap post deal.  

From the news release…

“This acquisition represents a pivotal milestone in Spirit’s strategic growth plan, strengthening its position as a key player in the rapidly evolving blockchain and digital asset management sectors, particularly within the Dogecoin ecosystem. By integrating Dogecoin Holdings’ intellectual property and market expertise, Spirit aims to drive innovation in digital asset products and expand its revenue-generating capabilities. This strategic acquisition is designed to attract both retail and institutional investors by leveraging Dogecoin’s cultural relevance and large user base, while enhancing the utility and accessibility of DOGE on a global scale.”

Hello?!?!? 

Spirit Blockchain is a NO BRAINER. 

Actually let me rephrase that….

Investing in Dogecoin Holdings is a no brainer.

DOGECOIN with a market cap of $23B has done a deal with Spirit Blockchain which has a $10M market capitalization post deal.

That seems like a pricing mismatch to me. 

Spirit should be more like $20M or $30M not $10M… but this deal was done with as little fanfare as you can imagine. Let’s just sneak this past everyone they thought.


Western Rookie

Beat the Market Stock Picks