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TOP 5 Coins for May 2021 (Best Crypto Month Yet) - YouTube
Channel: BitBoy Crypto
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while april has turned out to be a red
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month for bitcoin
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many all coins exploded including many
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projects that made
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triple digit gains one of those projects
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we nailed as the hodlers of this coin
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saw everything green for the whole month
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our april picks of the month were some
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of our best yet
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can we top it in may is the only
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question find out what my top five gyms
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are for may
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in 2021 let's get it
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bit swap is the hottest new way to trade
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tokens
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crawling all the top decentralized
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exchanges bizwa will get you the very
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best price
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and value for your trades bitswap is
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changing the game
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try it now at bitswapdex.com
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welcome to bitboy crypto the largest
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crypto channel in all the interwebs
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my name is ben every day i show you how
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to make money in cryptocurrency
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if you like money in crypto then make
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sure to hit that subscribe button
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in today's video we're going to be
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diving deep to find the best five crypto
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gyms
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for may of 2021 what will surely be an
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explosive month for bitcoin and all
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coins
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now as always for our monthly pick
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videos
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we'll be assisted by tokenmetrics our
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coin research site of choice
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tokenmetrics uses quant ai and machine
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learning in order to find the best coins
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for you
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to add to your portfolio if you want to
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give tokenmetrics a try make sure to
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head on over to bitboycrypto.com
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deals scroll down to the token metrics
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section
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here you can get a seven day trial for
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less than five bucks what you got to
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lose
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make sure to grab that deal today and
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also before we get into may's picks we
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gotta go over our picks for april
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to see how we did bitcoin of course
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struggled this month
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seeing its first red month in seven
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months but many altcoins exploded
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including
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four out of our five picks the only coin
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that we picked that did not see a gain
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in either bitcoin value or usd value
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was theta for the month theta actually
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saw eight point six five percent loss in
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usd value and a three percent loss
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against bitcoin
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it's up ninety seven on the last year
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but it couldn't keep the good vibes
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going in april
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but fear not because the next more coins
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more than made up for it
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many people have been asking me whether
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or not i'm still bullish on synthetics
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snx has had a rough go of it for the
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past couple months
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compared to its previous explosive
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growth i'm still bullish on snx
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but honestly binance tokenizing stocks
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on its platform
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is a problem for synthetics who is
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basically doing the same thing
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without a platform as large as binance
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however synthetics still did very well
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seeing a 4.55
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increase in usd value and an 11
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increase versus btc pretty good month
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overall for snx next we have elrond now
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i was expecting eagle to have a good
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month
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guess what they delivered in april
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elrond saw a
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30 increase in usd value and a 38
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gain against bitcoin look for more big
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things from elrond
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this month next we have the coin that
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launched a cupid costume
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ethereum had quite the resurgence in
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april making new all-time highs
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and i look for that to continue as well
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in the short term
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in april ethereum saw a 51 increase in
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its usd
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price against bitcoin ethereum made up
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ground as it saw a 61
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increase in bitcoin value and that's
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what it's all about
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but even that wasn't enough to take the
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top spot for
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april picks as one coin saw a
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doubling in price solana solana had one
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of the best months
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in all of crypto it made triple digit
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gains
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and usd value and in btc value seeing
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122
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spike against a dollar and a whopping
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136
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gain against bitcoin now if you had
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followed our april picks
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financial advice of course you would be
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seeing green all over your portfolio
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okay so we had over 200 total gains for
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the month
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but what about may i think for this
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month i've got some big certified
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winners
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coming in at number five i have ftx
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token it's a little tricky
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because the ticker is actually ftt
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so how good is ftx well binance is
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copying them
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ftx was the first exchange to create
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tokenized derivative versions of stocks
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including tesla and coinbase
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finance made news when they began doing
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that last month as well
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but ftx's exchange did it first if
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you're unfamiliar with ftx's exchange
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you won't be unfamiliar for long ftx
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actually signed a deal with the nba's
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miami heat
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to get the naming rights for their arena
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so every time a game
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or an event is held in the miami arena
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everyone will be exposed
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to ftx the ftx chart is also looking
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like it's ready for its next leg up
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i believe may will end up with a much
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more expensive ftx token as it could
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exceed one dollar per token
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in the near future at number four
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i have chain link link had a resurgence
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in april
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but seems to be coiling up for another
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major move
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chainli of course is the number one
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overall blockchain oracle project
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and has fared incredible over the last
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few years
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but if you look at the overall pattern
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of link on the charts
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you'll see it generally has large bikes
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crashes accumulation and then it does it
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all again
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now as the bull market continues to get
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more bullish this year
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these accumulation stages are becoming
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smaller and smaller
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this leads to a parabolic crescendo at
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the end of this market cycle that will
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most likely come in quarter four of this
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year
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especially for all coins to me link
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seems to be at the point where it's
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ready to explode again
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it's fallen outside of the top ten
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coming at number 12 right now
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it's been as high as the top five before
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i believe it has the strength to get
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there again
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very soon may could be the month where
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it starts to climb once again
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towards those higher rankings in my
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opinion i will be shocked
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if we do not see a 50 link by the end of
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the month
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coming in at number three i have luna
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this is the second time in three months
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that tara is on our monthly coins list
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and the last time we included them they
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saw a triple digit percentage gained
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making it one of the most profitable
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coins we had ever covered
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in our monthly picks the question is how
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much more
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upside does tara have well it actually
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managed to go all the way up to the top
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12
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before falling down to currently its
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position at number 25.
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it's held tough in the top 30 but it's a
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far cry from where it was
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at its peak one of the things though
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that people underestimate with luna
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is its tokenomics luna has some very
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interesting stuff happening in terms of
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burning its supply
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every time the stable coin of the ludin
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block chain is minted
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luna itself gets burned the stable coin
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ust
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is a driver of that burning mechanism
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when more luna is burned the more
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valuable the remaining luna is
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these functions have led to a
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sustainable rally for tara luna
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and i think that continues this month
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in number two i have polka dot and of
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course a side mention of kusama
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you have to understand when polkadot
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pumps kusami usually does too
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so they move in tandem but more on dot
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i believe may is going to show the
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return of polka dot
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i actually bought eight hundred thousand
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dollars worth of dot this month
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so let's get more into why well first
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and foremost
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he's only had a double bottom for polka
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dot on the charts you see the beautiful
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balance off the 30
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level here while it's easy to see the
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dot could return to 40
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or even 45 dollars i believe this is the
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month
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dot shakes the 45 dollar resistance and
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surges
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well above 50 a breakout is upon us for
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polka dot and i believe it may
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happen in may i was supposed to be a pun
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when it comes to dot it's all about the
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ecosystem
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now recently a huge chunk of a 16
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million investment was allocated to help
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develop cosmos
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and polka dot projects as the projects
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on the networks grow
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there's no doubt the network effects
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will strengthen
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similar to what we have seen with
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ethereum for a while
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dot was hot but more recently it hasn't
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seen nearly the same type of love from
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investors
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but i think that changes in may and you
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want to be part of it
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not financial advice of course but i
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have put my money where my mouth is
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and i'm counting on a huge move
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coming in at number one i can tell you
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tj is going to be thrilled
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what's your shirt say tj that says this
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t-shirt is more decentralized than
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ripple
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i have xrp i do want to give this pick a
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disclaimer though
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it is by far my riskiest pick of the
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month
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there is a chance this backfires an xrp
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slumps back below a dollar if the sec
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were to come out on top with their
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lawsuit against ripple labs
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this coin could get the death penalty
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meaning it could go to zero
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but i'm a firm believer now that won't
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happen i've done a
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total 180 on my opinion on the lawsuit
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and this is because
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we've received tons of new information
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that indicates rubble labs
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is the odds-on favorite right now to win
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the case i've got a sneaky suspicion
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that this entire case
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could be dismissed this month and this
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will
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open the absolute floodgates or xrp to
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finally hit
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all the crazy numbers its investors in
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the xrp
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army have been dying for i think that
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it's extremely likely that sometime over
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the 30-day period following a win in the
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sec case
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xrp would be well on its way toward new
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all-time highs close to four dollars
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xrp pumped and has now been simmering
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but it looks like
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it's about to bust your resistance top
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two dollars
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i bought over one hundred thousand
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dollars worth of xrp two weeks ago
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and i think it's about to pay off big
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time but let me know what you think
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about xrp in our picks for the month
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drop those down below that's all i got
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be blessed
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it's
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