In this video George talks about how Bitcoins close relations with Stack, ORDI and Alex is nothing something to watch out for!
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0:00 Stacks
2:45 ORDI
4:43 ALEX
🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
Stacks is the biggest L2 on bitcoin it’s doing pretty for last week it’s kind of stagnant up about 6% but for last month up about 110% and last year up 650 per. okay Stacks is a L2 for Bitcoin you guys have heard me say L2 for a long time
Most l2s out there are layering solutions for ethereum stacks not it’s a programmable layer on top of Bitcoin which means that you could use it and create all the DAP you see on ethereum and salana and and cardano and Avalanche they could be used they can be built on top of Bitcoin
Itself utilizing Stacks so that’s what’s exciting about it a lot of people don’t realize that but yeah there’s a lot of great things happening utilizing Stacks right now even Tim Draper another billionaire thinks that Stacks is amazing okay all the defi that’s being built right now on top of
Bitcoin all utilizing Stacks there is a there there are actually not is there are alternatives to Stacks like root stock is another one but they’re just not very popular Stacks is the one the de facto Layer Two that people go to when they want to program and here’s the
Interesting thing about Stacks it is minable okay and you can stake but here’s the thing when you stake stack you actually get Bitcoin in return that’s the interesting thing so there there is a real tight relationship between stacks and Bitcoin and the way they do consensus you know I is also
Very interesting I can’t really explain it but if you want to earn some Bitcoin yield you could just stack you could stake stacks right which is kind of interesting uh anyways if you look through their tvl is growing by Leaps and Bounds right now yes it’s very small compared to what you
See on top of ethereum or salana or anyone else right or optimism I the l2s for etherium but it’s growing it’s growing and I’m going to talk about one of the projects on top of stacks right that is growing by Leafs and Bounds but first let’s talk about another project
That you may be familiar with a lot of you guys love memes and I bet a lot of you guys didn’t know that memes exist on bitcoin because of inscriptions and the biggest one right now is called Ori okay ordinals there are a lot of memes on top of
Bitcoin yes that’s right even memes are being built and inscribed directly into bitcoin’s ledger so ordinals is the biggest one and that’s because binance decided to take a risk and say hey let’s list some brc2 tokens which is what ordinals uh are so after binance listed
You got a whole bunch of exchange listed that’s why Ori exploded upwards but here’s the thing as big as they are there are still some that think that ory and others other memes I mean we know how explosive memes can get right just look at she in 2021 it went up from
Nothing to like 50 billion in market cap and we have seen Doge be even higher right that’s why as big as or is already many feel like it could still explode 1,200% in 2024 that would be absolutely ludicrous but you know what the market is getting hot and it could get a lot
Hotter when Market gets hot people do crazy things people just Buy in fomo like there’s no tomorrow right so just another project or example of what’s on top of Bitcoin is memes like Ori which could still have a fantastic future there’s more than Ori right SATs there’s another one that’s
Just called SATs that’s that’s one there’s rats and there’s many others I’m sure there’s like Pepe I’m I’m almost positive there’s Pepe too and there’s many others but another one that you don’t want to miss out on is ory and many others now the last one I want to
Talk about relatively unknown came across my radar and also you could see it under Stacks the biggest D5 projects with the most tvl on top of Bitcoin right now is a project called Alex with close to 47 million TV all locked in and they are uh pretty good 16% today they
Are up uh they’re down for the week and they are up about 200 % for the month so still relatively small the other two I mentioned Stacks ory they’re already pretty big right but this project Alex 200 million relatively small very small small cap right and they are the
Biggest D5 projects right now on top of Bitcoin and what’s interesting is they pretty much do everything they they literally do everything that defi does on top of Bitcoin okay so what does that mean okay so they Launchpad so they help other daps Common Board Bitcoin okay they also allow you to
Deploy your own tokens if you wanted to come out with your own meme token or a legit project and you wanted a legit token they will help you do so they are also a bridge not only a bit Bitcoin Bridge because Stax has their own synthetic Bitcoin so you could do Native
Bitcoin and synthetic Bitcoin sbtc but they’re also evm Bridge so think about it so they they Launchpad they a token launcher they’re a bridge they’re also amm they have a orderbook decks they also allow you to stake liquid staking and pretty soon uh they allow you to convert real world assets
Into BRC tokens and they are their own Oracle too so all the project gets launched could use them as an oracle I mean that’s crazy if you think about it they’re literally trying to do everything under the sun within one project right so that’s why they look
Like they have a lot of Promise they have 20,000 monthly active users already so obviously growing by Leaps and Bounds right right now that’s just within 2 months okay um and I mention all these things that they’re working on a Bitcoin Bridge a Launchpad uh they’re going to try to get
Some sex listings though they already on a few a few exchanges like gate bidam Mei Bigg I mean they’re they’re on they’re on a few already um but they’re you know they have their Oracle too I mean they’re just they’re just all over the place and they’re going to help like
I said mention I mentioned they’re going to help others launch here’s one there’s going to be the first ory ORS games ORS games will be the first gamey on top of Bitcoin they’re helping them launch that as well right so the third project is
Alex I I think this project has a lot of potential I don’t know like right now it does seem like bitcoin’s L2 or Bitcoin defi Bitcoin daps are still relatively small right I still like to concentrate and everyone else still likes to concentrate what’s on like ethereum and
Salana and cardano everything else right but bitcoin’s ecosystem is growing by Leaps and Bounds and if you are a Bitcoin Maxi you definitely want to support these projects right and I do think they could definitely grow in time
41 Comments
First like
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$welsh is the first bitcoin meme on $stx. Just listed on mexc. 40m marketcap. Will be huge.
Thanks for continuing updates 👍 I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.
MTD
BeL2 is coming people will need to wake up to the fact that elastos is going to be pivotal to bitcoin
why are you not telling everyone about the minimum you need to have before you can stack…Stack
Lookout for shido 1000x incoming
Ordi🔥
Crypto keeps fluctuating, coursing a lot of loss ,what's the best way to make money from crypto trading
take a look at tectum (TET), which is its own very fast L1, plus allows sending btc and other crypto for almost nothing through its innovative "softnotes."
Mintlayer L2 on btc🥰
ICP – Insane Clown Posse
Tezos, algo, sui, cosmos
If you love Bitcoin, you may want to go look up Mintlayer and ordinals council.
All cryptos are falling and George is still super bullish.
Do u realise people r diluting the market by FOMOing into too many projects?
Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still made over $65000 last month while trading
Where can we mine stx?
why do we need btc l2? nonsense, enough other better faster cheaper chains , no need to do more on btc than store of value
1cat on ordi🎉
I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being on the market, I'm really grateful I found one source to recover my money, at least $9k profits weekly. Thanks so much Christopher Adrian Jimenez
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