December 5, 2024
ETH, SOL, ADA, XRP & This Other Cryptos Will Shatter All Expectations – Ran Neuner
 #Finance

ETH, SOL, ADA, XRP & This Other Cryptos Will Shatter All Expectations – Ran Neuner #Finance


the second thing that people don’t realize as to why we’re getting so much uh pumped today is because what we had let me just share my screen so that you can actually look at it yes what we had is we had the launch of ibit Bitcoin Futures uh ibit Bitcoin options

yesterday right and those ibit Bitcoin options effectively how they work is if you’ve got more buyers of calls than than buyers of puts then the market makers have to hedge the risk and they hedge the risk by buying the underlying right so if I if I buy one option the market maker has to go

and then buy the underlying to hedge the option right and so in a bull market when you get the ratio of put to calls that looks something like that bitcoin’s recent surge is creating a ripple effect across the text-decoration: none;">Cryptocurrency market as Bitcoin breaks New Heights major altcoins like ethereum salana cardano and xrp are poised for their own impressive climbs this bullish Trend signals exciting opportunities and a promising future for these leading digital Assets

it’s indeed a thrilling time for Crypto fans with many wondering just how high Bitcoin can go but the big question is will it keep smashing records renowned

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto expert Ron Neer in his latest interview shared his positive view on none;">Crypto’s future he noted that blockchain technology is sparking new businesses and ideas ran noyer said the US government’s view on Cryptocurrencies has shifted from

against to for Crypto this change is clear in the move from a blocking to a helping Administration Neer noted that Pro #1a73e8; text-decoration: none;">Crypto candidates are being chosen to lead the SEC and the new secretary of Commerce also supports Crypto in addition the launch of Bitcoin

Futures and options which has boosted buying and raised prices he explained that market makers need to buy the actual asset to manage their risks adding even more pressure on the market with all these exciting developments the future of Bitcoin and other

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrencies looks brighter than ever Crypto enthusiasts are buzzing with

anticipation eager to see what amazing Heights Bitcoin will reach next let’s watch clips from the interview for further insights on ran noer discussion don’t forget to like this CashNews.co subscribe to our Channel and click the notification Bell for the most recent updates thanks for

joining us again enjoy the CashNews.co if you look at the kind of noises that are happening right now um I mean we’ve gone from an Administration that ran on a anti- Crypto Army in

Elizabeth Warren to won those running on a pro Crypto Army um you you’ve gone from a head of the SEC who wouldn’t meet Brian Armstrong who’s the biggest CEO of the biggest

Exchange in the US to Trump wanting to meet Brian Armstrong you’ve got uh um people that have been nominated as the head of the SEC which are all very very very Pro Crypto you’ve

got a secretary of Commerce which which has been appointed who is very very very very Pro Crypto and so it feels like all the puzzle pieces have just Fallen fallen for the most bullish four

years ahead ahead for Crypto and this is coming out of an environment where we’ve gone through probably watch what were the four most abusive years uh for for

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto people in the United States that’s the first thing the second thing that people don’t realize as to why we’re getting so much uh pumped today is because what we had let

me just share my screen so that you can actually look at it yes what we had is we had the launch of ibit Bitcoin Futures uh ibit Bitcoin options yesterday right and those ibit Bitcoin options effectively how they work is if you’ve got more buyers of calls than than buyers of

puts then the market makers have to hedge the risk and they hedge the risk by buying the underlying right so if I if I buy one option the market maker has to go and buy the underlying to hedge the option right and so in a bull market when you get the ratio of put to calls that looks something like

that then there is a lot of buying pressure which gets put onto the underlying asset and so we couldn’t have had a better launch or we couldn’t have had this launch at a better time because now what you’re getting is you’re getting additional pressure coming onto the market

and then you’ve got this Maniac called Michael saor who just carries on raising and raising and raising more money to buy more Bitcoin I mean he was going to raise $1.75 billion and investors kind of he had so much demand that he actually raised it to $2.6 billion and he’s working on a

4042 billion plan to buy Bitcoin and that’s why micro strategy is actually now at uh at at session highs or at uh season highs when you put all those things together you’ve got like this this perfect storm of bullish news for Bitcoin this happens every cycle Bitcoin always runs first

every single cycle and it only the altcoins only run when you get to a point where you truly believe that this time is going to be different and it’s going to be a Bitcoin only run and that’s when the scorpion stings you with his tail and then everything moves into altcoins yeah so

having been around for four Cycles this is my fourth um I can quite confidently say that this is absolutely normal I mean the one thing that maybe is a little bit abnormal is that ethereum has been a bit of a lagged this uh this cycle I mean it’s been pretty dead um and I think which to me is

a bit strange especially because ethereum is the only other Crypto with an ETF in the United States so if people want to deploy Capital in the United States institutional

Capital and they can’t hold uh underlying Assets or they can’t hold the the actual digital Securities what they’re going to be doing is they’re going to be buying Bitcoin when they think the Returns on bitcoin are too high

they’re going to start moving some money into ethereum I know this because that’s how I got in and Dave I’m almost sure that that’s how you got into into all the altcoins if you’re in any of the altcoins you started with Bitcoin and then you were like okay this things

you know run a lot maybe I should now get into e so I think um right now it’s a Bitcoin run uh I wouldn’t be over over indexing on on the altcoins but but I would be starting to make Investments in altcoins because I know that the inevitable the inevitable altcoin run

is going to arrive one thing you know about Crypto is that in Bull Markets you have

a lot of Correction in 2016 and 2017 we had 1 2 3 4 five Corrections on the runup which were all over 30% and what you’ll realize about these Corrections is that they are very steep on bitcoin but if you’re holding altcoins the charts are the dips are even more scary and if you’re

holding meme coins which you know by fundamentally have zero value they have they’re going to have the worst STS ran noyer feels that blockchain technology has enabled new applications he mentions meme coins which have established a worldwide Casino of attention allowing people to rapidly

construct Global Brands according to noer Cryptocurrencies like Doge have grown in popularity by Capitalizing on the strength of brand Affinity which is fueled by the hormone

oxytocin he also considers prediction and opinion Markets as novel applications enabled by blockchain he contends that blockchain has demonstrated its ability to build new sectors based on

value which is a huge technological accomplishment this discovery enables data and value to be exchanged in the same packet which ner believes is a greater technological achievement than the internet let’s go back to the interview and watch more Clips so my most uh bullish thesis is the one

that we’re just we just keep creating new use cases that we never knew existed so you know up until now it’s been store of value and digital dollar and long made that L and then we launched this thing called meme coins which people don’t really kind of understand like how is there

value in a mem coin now you can look at mem coins as multiple things the first thing is you can say well mem coins have no value that’s cool but casino chips also have no value until you’re sitting at the table and your cash is back behind them and it’s exactly the same thing

right it’s like we’ve created a casino of attention and this casino of attention has done a lot of things but the one thing that two things that that it’s done that are very important one is it has shown us that we can create a casino out of attention a global Casino out of

attention which is like that’s a use case in itself right the second thing that it has done is it has allowed us to build Brands Global brands in a very very very short period of time like I would argue that doge is probably now a bigger brand than some of the big big big big big Brands I

would argue that dog wolf hat and that uh popcat and all those memes are not extreme Brands and the reason why these brands are so loved is because the power of a brand is in the Affinity that the brand that in the in in the brand Affinity of the of the of the brand right and brand Affinity is is

actually a chemical process in your brain which is a chemical called oxytocin and that chemical oxytocin creates connection between you and anything and a brand and and a brand or a human it’s the connection hormone and what we’ve created is we’ve created a game that’s so

high in dopamine and oxytocin that people are becoming connected to these Brands like they become connected to a football club right like you start off with a football club it releases oxytocin in your brain you become more and more connected and so we’ve created a platform that allows people

to build brands at the speed of light with huge brand Affinity because people are connected to them through making money so you know that’s another use case that we’ve created I’ll give another use case that has been created prediction

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Markets like we’ve never been able to to bet on prediction Markets of outcomes of Elections and stuff like that so

so easily and so freely around the world and now there’s a new application which is called opinion Markets which is a prediction without an endo so it’s an opinion it’s like

uh things like who do you think’s hotter Rana or Taylor Swift and you can vote but there’s no endpoint right so you can actually follow the the the the the price at a certain point in time now all of these are new applications Global applications that have been created by this wonderful

technology called blockchain and what we’ve proven is that blockchain can create new Industries that rely on value which is which is a huge technological breakthrough I would argue

that it’s probably a bigger technological breakthrough than the internet was because the internet allowed us to send data this allows us to send data and value in the same packet which is which is massive we know that retail aren’t naturally part of the beginning of a cycle it takes a

while to get the retail investor back into a cycle bear in mind we’ve been in a seven Monon downtrend which which was long 7even months 200 over over 200 days of of downtrend uh let’s let’s we can just measure it we were in a 250 day downtrend and only two weeks ago did we break

out of that downtrend believe it or not and so you can’t expect retail to to come in in the first two weeks what we’re seeing now is we’re seeing retail coming back and the reason why I know this is because if you look at the tokens that have run in the last week these are what we

call the dinosaur tokens Stella lumens algorand hbar tezos xrp cardano these are all the old tokens and so what’s going on now is that retail are looking at this and going we want to be in none;">Crypto and they’re coming in with the coins that they know and the coins that they have access to on the pting platforms which are platforms like Robin Hood rander believes that regular investors are increasingly entering the bold; color: #1a73e8; text-decoration: none;">Cryptocurrency market driving up prices for coins such as cardano he sees this as the beginning of a retail run noting that retail investors are not as upto-date as text-decoration: none;">Crypto Natives and are purchasing currencies like cardano because they are unaware of newer coins with Superior technology Neer highlighted worries about xrp’s centralization and the fact that token holders do not share in the gains he Credits

xrp’s recent Spike to its familiarity and ease of use for new investors additionally he mentioned ethereum claiming that it has fallen out of favor because of its slow and expensive technology and expressed a preference for salana which allows for faster and less expensive transactions he

holds a small amount of ethereum but isn’t enthusiastic about it giving it a 5 out of 10 conviction rating compared to sana’s 8 or n out of 10 his belief in salana stems from its ability to support cheap and Rapid transactions which he views as the ultimate purpose of blockchain

Technology Neer is confident that sana’s technology will continue to drive adoption and that the platform has the potential to become a major player in the Cryptocurrency industry he

claims that salana is the new ethereum since it can perform the same functions but is faster and cheaper as we conclude do you think ran neer’s assessment of ethereum’s limitations and Solana’s advantages are accurate please drop your thoughts in the comments below share this

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