In this video George talks about Solana, Pyth, Jupiter & more!
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0:00 Solana
2:14 Pyth
3:43 Jupiter
5:57 $1,000,000 Airdrop
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Sana’s price is down but network activity is up up up up up up uh that’s why I’m so bullish on salana and yesterday I was watching some videos on Tik Tok uh there are a lot of people that agree with me now that that salana will probably surpass ethereum in market cap this
Year I believe I’m the first one to say it people don’t believe it but man the way the way you measure salana right now it’s just everything is Sky High and so many things are even above ethereum at this point it’s just kind of crazy uh
Defi tvl is a 18 months High okay closing in at 1.8 billion of course this is not close to ethereum yet but it is going up in a big way and very very quickly and keep in mind salana has not backed the previous High yet they’re still nowhere close yet
Their TBL is getting close to there right and if you’re look looking at deck’s volume for last 24 hours guess what they’re number one above ethereum Jupiter also a lot of talk about Jupiter Jupiter is actually having a good day recovering um Jupiter’s volume is above
Unis swaps and Unis swaps founder is not is not liking that um and speaking of Jupiter look on chain was looking at all the transactions and they found three not just one but three people that made over a million dollar just from the airdrops that’s that’s a lot they that’s
A lot uh but between the three it seems like they received the air drop through 27,600 wallets so they must be using some bot or something so that’s a lot that’s like 8,000 Wallace they transacted with over the year man that’s a lot but uh but it worked
That hard work paid off they made a million each uh over a million dollars who knows they may they may they could have made a couple million that’s just crazy pit network is up even more today up 24% I think that’re you know they’re riding the cailes of chaining because
Chain Ling’s so hot people want to know what’s the next Oracle to get into what’s the next thing let let’s catch that wave right so I think there’s a lot of it going on but pit network is doing their own thing they’re not just riding a coil they are onboarding a lot of
Chains and a lot of projects including this filecoin which is the one of the largest no it is the largest decentralized storage play uh they integrate with pith that’s that’s a huge thing they are a large project but it’s not just them there are 400 different price feeds right right
Now across 5050 blockchains so even though chain link is the Big Daddy when it comes to oracles pith they’re number two they’re trying to catch up it’s a big DP it’s a big gap right now but like I said they’re not sitting idle they’re building their own relationship their
Own Partnerships so that is also awesome and then you look at this the number of active users the active consumers the update transactions you know they’re they’re all going up and up and up the number of stakers is going upwards that’s also very positive right so pit
Also they look like they’re doing very very well so this has been talked about for several weeks now and I’ve covered this many many times Jupiter is a DEX aggregator it’s a D5 project within salana very hyped up because they’ve been talking about doing an air drop for
Quite a long time phase one of four parts that happened today and this morning when it happened you know I was checking it out right overall the market cap stable around stabilized around 800 something uh it’s 866 million right now it did fall from from you know when it
First debuted but it settled still pretty good debut at around $900 million right and all you had to do was use juper that’s it all the memes that’s going on right now and all the trading had you just used Jupiter and made a lot of Trades a lot of transactions used it
You would have got some air drop you have to claim it yes uh but you would have you would have claimed a ton a ton and Jupiter I mean it processed 1.2 million transactions a billion dollars in volume today it was definitely the hottest hottest Divi projects hottest decks and
Also it made sana’s transaction double in minutes just after the air drop this is how hot it was right it goes to show you what one good dab can do for an entire ecosystem that’s why sometimes memes has the same results because they are people driers right this right now
Airdrop is a people driver it’s a new thing that’s getting a lot of attention before there were air drops but now a lot of projects is starting to realize well you know what we could use airdrop to incentivize people and their usage right and then reward them for their
Usage it’s actually starting to work we had jido that did it earlier this no they did it like late last year I keep thinking we’re in the same year but they did it successfully now Jupiter is even more successful so I bet you a lot more projects in the future a lot especially
Dex’s will be doing this but that relates to the the big topic which is this guy right here and he claims that he made $1 million from the Jupiter airdrop today for free for free right and he makes this video that’s basic explain how he
Did it and how you could do it with the next three rounds there will be three more rounds the first round was today I believe they’re going to do one round every year so the next one will be same time in 2025 then 26 20 27 I remember
Every round is a year but maybe maybe they change the timetable but basically he was saying to sum up he had a routine every day he would do like certain things and basically he would try to utilize Jupiter as much as possible and try to trade as much as possible like
Quite literally you could go there I mean you’re going to pay for fees but you could literally just swap between two tokens non-stop all day long right and just generate a lot of fake transactions you could would but again you have there there’s fees involved but
On salana fees are low but you could literally do like let’s say soul to Jupiter and then Jupiter back to soul and then back to Jupiter back to soul back to Jupiter you could literally do that like a thousand times a day uh just to kind of game the system but again um
How long you could do it for I don’t know but basically that’s what this guy is saying you know you got to use it a lot and he was doing it religiously for a long period of time that’s how you made a million dollars I mean it just
Goes to show you what what other you know what other asset class gives you the ability to do this right to be able to have someone just utilize a system and become a millionaire by doing so really without putting much money into it I mean it’s just absolutely amazing
Really really amazing so just want to talk about that real quick okay it seems like it’s a good good story to talk about a lot of you guys you know want to make a lot of money uh and this kid made it within you know within a very short amount of time so
It’s always possible it’s always possible
21 Comments
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