Hey, yo, Chico Army, I hope you’re having a bomb Friday. If you’re new, a viewer of the tube, let me 1st introduce myself as Tyler and this is the crypto channel, whose content every day, is a joyful explosion. Facedown, arse up hammer explode. Its time for Chico Crypto! Well, you’ve been asking for it, so the Chico is going to deliver.
A breakdown of our current crypto portfolio, which includes our top 10 holds. The last time, we did a video like this, was before the alt season DeFi rush of the summer, in late May of this year. So, what was our portfolio like back then.
Before the DeFi madness really took off. Well, I was based and my #1 hodl was chainlink making up 37 percent, #2 Bitcoin with 18 percent, #3 Unibright with 15 percent, #4 Ethereum making up 11 percent, #5 Energy Web with 5 percent, #6 Rocketpool making up 4 percent, #7 Ren with 4 percent, next to #8 Kyber Network making up 2 percent, #9 0x protocol also making up 2 percent and finally the other 2 percent was a basket of other altcoins.
So changes? You better believe it, as the markets were at lows & this was just before that DeFi powered hype cycle. So let’s kick it off with my #1 HODL, is it still that super stinky lank? Is Chico-based AF? I sure am and I’m seriously glad I held, even with the recent price collapse. Back during the last video, LINK was at $3.84 cents, as of yesterday it was at 10.68 cents…a percentage increase of over 178 percent!
That’s why Chainlink has moved from 37 percent to now making up 40 percent of my portfolio. So, why am I going to still hold every single last one of my link with a grip tighter than Sly Stallone? Comes down to 2 things. Staking with the link is still on the horizon & rollups…not the fruit type.
If you go to the linktrader subreddit, a most popular one for chainlink discussion, the most updated post is about the release of the next version of the arbitrum rollup testnet, which they say is full-featured & open to all.
And the Ethereum devs are speaking, Agustin Aguilar, founder of pine finance tweeted this What the Arbitrum is shipping is mind-blowing. Arbitrum can execute EVM code directly, abstracted in such a way that’s practically like L1 (no transposing*), it means that you don’t even need to recompile your contracts to test their rollup.
Amazing for rollups, a general-purpose one, devs don’t have to be confused using but Arbitrum isn’t chainlink, so why is this rollup important to them? Well, Ed Felten, co-founder of off-chain labs, those behind Arbitrum said this on Twitter just in August of this year Arbitrum & Chainlink integration operates in both directions: Arbitrum chains accessing Chainlink resources efficiently; and Chainlink nodes validating Arbitrum chains.
What? Yes, my friends, please understand that it’s not only oracle data chainlink nodes could be providing, but chainlink nodes will be running the arbitrum protocol, computing the solidity contracts on their roller chain. So, you gotta really think about it like this. chainlink nodes, with Arbitrum are the furthest on roll-up tech, vitalik is even excited about it, retweeting Arbitrums post..So, I guess you could say, that’s why it’s my #1.
Now #2, is it still Bitcoin, or is it Ethereum or another alt? Well, its actually still BTC, but that is getting close to changing. Bitcoin has increased from in late May $9225 to as of yesterday, $10385. A 23 percent increase.
Compared with other art performances during this run, not as good, so BTC is at a similar level within my portfolio, actually dropping by 1 percent from 18 to 17 percent. Now #3, is it Unibright, the altcoin that pushed further up past ethereal last time? No, it’s not…Ethereum has reclaimed the #3 position.
And that is mostly due to Ether going from 205 bucks back in May to 375 as of yesterday…an increase of 82 percent pushing it back to where it belongs, number 3 moving it up from 11 percent in my portfolio to 12 percent!
And with that thing called a beacon chain and ether staking, coming soon I’m adding to this position. How about #4…did Unibright dip to this level or did another altcoin push into this spot? Well Energy Web has pulled off similar gains to Ethereum, pushing it up nicely Back in late May, EWT was $3.57 cents, and as of yesterday, it was $6.92 cents, an increase of nearly 94 percent.
Thus, Energy web is number 4, pushing it up from 5 percent in May to 6 percent as of today. And, please understand why it’s here… so DENA stands for deuschte energie aguntoor, or the German energy agency in English, it a German state and government-backed agency…and in late August of this year, they announced the future energy labs, which would help with Germany’s transition to future energy technology.
3 projects were launched, and one of them was Infrastructure for the digital energy system of the future – the Blockchain Machine Identity Ledger…they explain, this enables technical devices to be clearly identified (machine identity), for which a new and energy-specific device identity is being developed.
This infrastructure offers enormous potential – both for the use of system-relevant services and for the implementation of innovative and future-oriented applications using smart meters. An alliance of over 20 partners, consisting of large corporations, established companies from the digital and energy sector, is working in the pilot project.
So if you watched my channel, we know who is connected in the blockchain world to this. Energy Web, I covered their connections to DENA & then just 3 days ago…we found out, DENA selected Energy web to build the prototype blockchain identity ledger.
Yeehaw, and personally I think Energy web will just keep impressing, growing, and succeeding. 1-4 pretty similar to last time, but now 5-6 are where the big ole changes come in & that is largely in part to that DeFi hype run.
So, #5 which altcoin is it? That is REN which has had a very, very nice run since May. Pulling out the price chart REN has gone from .093 to .368 as of yesterday that’s a nasty increase of over 295 percent. So ya, REN moved up, right next to EWT, going from 4 percent last time to now making up percent 6 of my portfolio. How about #6? Well, that is finally Unibright, it was number 3 last time but pulling out its price chart.
It didn’t get a taste of that DeFi hype like the others..and actually declined in value since that video, down from 48 cents in May to 30 cents as of yesterday…so, UBT has pushed down, from 15 percent to just 5 percent of my portfolio. Sucks to see, but I’m holding every single last one.
if you didn’t know, Unibright is a major component to the baseline protocol, even more so, than Chainlink right now. Unibright is a part of the baseline reference implementation, which is being trailed by Coca Cola CONA right now.
Going to baseline documentation, and BRI 1, which stands for the baseline reference implementation, we can see the subheadings one is Libaries clicking into that, and then into DOCs for the ERP Connector Proxy-SAP& Microsoft Dynamics we can see, that in the architecture section, that yes, the Unibright connector is the main piece & to use, any piece of the unit bright framework.
Like the connector, you need to use UBT tokens from a token-based AMA in February of this year, the team said The customers HAVE TO buy tokens on the market given the current price.
They need the tokens to use our framework, it is not possible to use it without UBT. So number #7 is that a coin we had on the list last time? Well, actually yes, but no one in the top 9. The one that I finished the last episode off with, mentioning I just added it to my portfolio yup #7 is now Kusama.
And its position is largely due to its price run from that time, $5.77 cents in late May…to as of yesterday $29.50 cents. A percentage increase of over 411 percent, and that means Kusama now makes up 3 percent of my portfolio. How about #8 a new coin? Kyber, 0x…no…its actually Rocket pool moving down in my portfolio.
So what happened? Well, rocket pool since May has increased, but only slightly from $2.33 cents to $2.62 cents yesterday morning. This is an increase of just over 12 percent so compared with others, who pumped 100 percent or more, not nearly as well, which means rocket pool dropped from 4 percent, to 2 percent total portfolio dominance but I’m still super bullish on RPL, just like I’m bullish for Ethereum. Beacon chain & staking rocket pool, is the first pooling tech for staking and will be the first one ready to go live.
Now number 9 & 10, it’s not Kyber and Iexec like last time, they still make up a portion, but not a percentage anymore. Its two coins, I wasn’t even invested in back then I invested just a small amount, initially, but that initial small investment pushed them up nicely into my portfolio.
Those 2 are day Stake and Sora Network XOR. They both makeup about 1 percent of my portfolio. And I invested in both, shortly after that video, and from the price charts, you can see why they pushed up to this place, with a small investment.
Xdai, from $1.53 to $12.40 cents as of yesterday, and over 710 percent increase & more from around $1.17 cents to $59.64 an increase of close to 5000 percent. Wish I would have put more into XOR. But you know my thoughts on these two, scaling ethereal? I like day & more, has polkaswap supposed to drop this quarter.
And the final. 7 percent now, is a basket of altcoins, many I’m super bullish on, and will be accumulating more here soon. Ocean Protocol, Honey, Kyber network, iexec rlc, synthetic, 0x protocol, some polkadot, monero, cosmos, Theta, Uni, MakerDao, Edgeware, Robonomics, Akropolis, Kleros, rarible, powerpool & more Cheers, Ill see you next time!.
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