In this video, I give a quick update on Bitcoin and also talk about two crypto altcoins that I think have big potential in 2024. They are Sei and MetisDao.

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    Welcome back it’s 2024 we have officially made it in this video I want to give you guys the latest info on bitcoin where is it going to head and what about these spot ETFs and also I’m going to talk about two specific crypto alt coins that you don’t

    Want to miss because I believe they will have fantastic Futures CNBC and everyone else is trying to predict where Bitcoin is going to be in 2024 and they interviewed a lot of people some are being conservative saying Bitcoin can head to 60,000 by the end of this year some are saying up to

    $500,000 by the end of the year which would be absolutely crazy so if you scroll through here you’ll see Mark movus said 60,000 and then you have bit mining 75,000 coin shares 880,000 nexo 100,000 Standard Charter which is is’s a big major Bank out of Europe 100,000 Carol

    Alexander 100,000 Maxi Port 125,000 and coin fund saying up to $500,000 now in my opinion knowing what I know and putting two and two together I do think Bitcoin has a really good shot of hitting $100,000 by the end of this year in fact I think Bitcoin has a really good shot

    Of breaking its previous high right after having event so that may be very aggressive but I do think there are a lot a lot of factors in play especially this first half of this year that will drive Bitcoin much much higher and I think 100,000 is actually a really

    Good estimate by the end of this year now in case you’re curious this is bitcoin’s price on New Year’s Day going all the way back to 2014 when is only 1330 30 and you’ll if you look through here you’ll see that yeah there are some crazy climbs and then you’ll have a dip

    And then you just keep on going right 2023 was that dip year but if you’re looking at this 2022 at $ 47,7 46 and you’re looking at 2024 42717 we’re pretty close we’re pretty darn close we’re not that far off right that shows you how strong 2023 actually

    Was yes even though we started a year at 16,600 we closed the year at 42,000 plus so 2023 was absolutely fantastic can’t wait to see what this says January 1st 2025 because like I said Bitcoin could be above $100,000 now as for spot Bitcoin ETF approvals they could come as soon as

    Tomorrow as soon as tomorrow it speculate last week that the secc talk with all the applicants made sure that they got in their revised applications because they want to make a big approval this week could come as soon as tomorrow or even Wednesday the deadline is supposed to be January 10th but again

    Could come much sooner than and that so get ready if this happens tomorrow we will see an explosion and in case you’re wondering what we could see well this this was when gold got their spot ETF you could see gold for decades basically hovering along not moving going sideways

    And then after ETF approval man it shot up to the moon so even though Bitcoin has not been that stagnant for decades certainly not but think about what the ETFs will do for Bitcoin especially with all the money flowing in we’re talking about billions upon billions just the first month alone and

    Then throughout 2024 and 2025 we could possibly see trillions flow into the sector not only just for Bitcoin but for the entire crypto Market that’s why there are some people that are asking hey George could it be that the ETFs are already priced in well maybe a little bit but no one can

    Predict how much money will be flowing in again if trillions are flowing in then certainly we uh we cannot predict that ahead of time right we can only speculate so did Bitcoin go up a lot you know in the last few months in anticipation of spy ETFs

    Yes but what we see Bitcoin dump afterwards man with everything that’s happening in 2024 and how much money it will be flowing in there’s no way to predict that so I think 2024 will be a fantastic year just like what this chart shows we’ll have some volatility we’ll

    Have some up and downs but overall we are heading higher right and we’ll see where 2024 ends up okay now that’s the latest with Bitcoin now let’s talk about two crypto altcoins that have been doing very well and I think they will they will continue to do well in 2024 and

    They’re not well known I know a lot of you guys are anticipating that I’m talking about salano or Avalanche or polygon or cardano no let’s talk about two that are not relatively unknown the first one is Sai or C depending on who you ask Japanese pronunciation would be

    C but I guess if you’re looking at something else it might be Sai whatever it may be but look at this they are up 75% within the last week today they’re up 133% last month 173% they’re still considered a midcap not even maybe at this point in time a

    Small cap at 1.5 billion and there are a lot of great things happening with C because or Sai uh C Sai I I still don’t know I have to find out what everyone else is saying but Sai is interesting because it’s out of Cosmos okay and Cosmos

    Chains have been doing very very well very well so I’ve already mentioned this before you look at injective which is super hot super super hot had the greatest gain uh was the greatest gainer in 2023 but then you also had Celestia that also did really well and size seems

    Like they are going in the same direction because they are built they are within Cosmos they support both EVMS that’s what’s interesting their V2 is paralyzing their execution environment so they support kazm and also ethereum virtual machines so they’re kind of like The Best of Both

    Worlds so if you’re a d maker and you want to utilize you want to utilize your DAP in a basically a feess and very quick blockchain you can Port over to C and same thing if you’re a developer within the cosmos ecosystem using Cosmo ASM you

    Can come aboard to see as well right so they’re kind of in the in both spaces and that’s pretty good that’s pretty good and there’s talks about them even supporting others too outside of evm and Cosmos right but as of right now they have over 1 billion transactions they

    Just hit that recently they’re super fast their finality time is less than a second which is among the fastest in the space so and they like to claim that they haven’t had a network outage well they’re relatively new but they already process over a billion transactions very smoothly very seamlessly very

    Quickly right so they are they are doing very well uh they also have a name service and they tweeted this out that hey their registered their recent registrations is close to the same as etherum ens is still getting a lot of registrations obviously the total registered is way more than what you see

    On C but it’s relatively new and there’s a ton of people that are using it so good for them right they formed a they formed partment coin gecko and so they are listed on gecko terminal which is good basically list all their all their tokens and everything all the

    Tvl and everything that’s on coin gecko that’s awesome and then they also have Partnerships with others like in Japan and many other places right so C is relatively new they are definitely up and coming right and I do think in 2024 they’re going to continue to kill

    It and do well so that’s the first one I want to talk about the second one is even more unknown although some people have mentioned it to me before and that’s meus meus sty and they are also doing very well last s days up about 51% last month up about

    300% so relatively small they’re definitely a small cap about 400 million up and coming who are they well they’re a l Layer Two they’re Layer Two there are a lot of layer twos out there I mean obviously the big ones being like arbitrum mon optimism but meus is a

    Smaller layer too and basically created to scale ethereum scale ethereum Das and there’s an interesting connection I want to make at the end okay but yeah they use optimism they’re code base so very very familiar and there’s a many that are doing so and optimism they’re building a super chain right and medus

    Is among one of them being in that super chain so that’s kind of interesting that’s kind of interesting how they want to connect all the layer twos together so um so that’s kind of interesting now in terms of their transactions just like say um it’s been going up look just look

    At January and then you look at May September and then January again May September they are blowing up in terms of transactions and volume definitely gaining traction at this point they overall processed about 10 million transactions so nowhere close to a billion but they are also very fast no

    Congestion and very cheap very cheap right that’s what L2 does basically scale ethereum in a way that ethereum cannot scale and meus is helping him do that right and also if you look at the total tvl this is this is what’s most interesting about meas if you look at TV

    Of all the l2s out there they are number three they are even above base and ZK sync arbitrum is leading away a total tvl close to 10 billion you got optimism their main net about 6 billion then you have meus at 668 million that’s not easy to do especially

    Look at coinbase at 62 6 million coinbase being as big as they are all the all the power that they have and they control you know me this is number three so they’re definitely interesting up and coming and their tvl is growing and the last point I want to make is

    This no actually two points uh they did create a $100 million fund recently to draw in more D makers so that is good whenever you have that much money to incentivize that makers Come Aboard you’re going to get a lot of dam makers coming aboard so that is absolutely

    Fantastic but the last point I want to make is yeah vitalik’s Mom vitalic buin yes the leader of ethereum his mom works at meus in fact not only works there she’s considered leader of it so think about that even though there’s supposedly there’s no official tie between the two blockchains right but

    You got to you got to think that at a dinner table or on phone calls they’re talking about their projects and how they can help each other right so there’s an interesting connection there as well so the second one today is meus they’re much smaller I think based on

    Their growth their tvl the connection with e with uh with ethereum I think they could do very very well in 2024 too all right guys that’s pretty much for this video I’m going to keep it nice and short today overall is a good day welcome 2024 Happy New Year to all

    Of you guys today we’re seeing a lot of green that’s what we want to see and I think we’re going to see a lot more green in 2024 so stay strong my friends I’ll see you guys tomorrow usual time 8:30 a.m. Central Standard time take care bye-bye

    38 Comments

    1. George – what happened to your studio? Not only do you need some style aesthetics in your studio, but your audio is tinny and has an echo – and I know you did some sound dampening acoustics. C'Mon George – with your wealth and following – we all need to see a better studio from you.

    2. What do u think about rocky and ribbit,  both of them on solana network.  Rocky is the dog of the co founder of solana and ribbit is the pepe from solana . Do you think they both have great potential? Take at look at them bro.

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    5. George you always talk about chains after we started taking profit on them. You bring them up after they do a 10x. Gotta be earlier brother.

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