The Crypto Chief

Crypto enthusiast since 2018. Fan of fundamentals / legit use cases, and the occasional pumpamentals

[The Crypto Chief @CryptoChief3]

@LLuciano_BTC @Polkadot @rendernetwork @KaspaCurrency @MultiversX @NEARProtocol @injective good to see you love EGLD my friend. the real deal

[The Crypto Chief @CryptoChief3]

@Davyegld @HatomProtocol @MultiversX nice posts Davy. i dont fully understand HTM but bought my first bag yesterday 🚀🚀

[The Crypto Chief @CryptoChief3]

@DBCrypt0 @CoinMarketCap @coingecko @CoinbaseInsto fuk yeh!

[The Crypto Chief @CryptoChief3]

@AltCryptoGems @MultiversX @decentraland $EGLD bro

[CryptoBusy @CryptoBusy]

MultiversX $EGLD has been building a lot since 2018 📈

In fact, during the last bull run, it went up 839x to reach its ATH from the time it launched on #Binance!

Here are the things that you need to know about @MultiversX 👇

◦ Parallel processing with Secure Proof of Stake
◦ High scalability, future proof & upgradeable
◦ High interoperability with Space VM, WASM-based fastest modular execution layer
◦ No MEV attack by native design
◦ Onchain 2FA guardian protects you even if your seed phrase is leaked
◦ Rust based Smart Contract
◦ Native asset stored at account level
◦ Reward 30% of tx fee to the smart contract deployer, better builders earn more
◦ Simply launch your own sovereign chain with a few commands
◦ Carbon negative green blockchain

Wins as of August 2024:

🔸 Decentralized more than 3560 nodes
🔸 Nakamoto Coefficient: 7
🔸 100k TPS
🔸 $0.002 tx fee
🔸 6s block time
🔸 3.8M Total accounts

🔸 15k avg daily active users
🔸 433M Total Transactions
🔸 200k avg daily total tx in past month
🔸 61.8% $EGLD staked
🔸 124k users staking

Sources: @xRandyArL @Veroc_Daniel

[CryptoBusy @CryptoBusy]

The more we study about @MultiversX 🏆

The more we understand its bullish potential:

✅ Unlimited Scaling
💎 Scarce like #Bitcoin
📈 Programmable as #ETH
⚡ Sharding Ahead of #NEAR and #TON
💰 Average cost per tx: $0.002
📝 Total transactions: 433,743,115+
🔥 Validator Nodes: 3500+

Just last week, $EGLD have accomplished these wins:

🦊 MultiversX Snap in @MetaMask
🗳 Spica 1.8 governance vote ongoing
🥂 MultiversX Happy Hour IBW side event
📲 @xPortalAppsupport for $SOL NFTs
📺 Beniamin at The Metaverse Podcast
⚙️ Protocol release mx-chain-go v1.7.13-patch1
💱 xPortal 0% fees EGLD on-ramp campaign
✨ Network upgrades roadmap
🧪 Upcoming @xExchangeApp BattleNet community access
💳 Enhanced theft protection for xPortal debit cards
🪂 Foxsy airdrop allocation for xPortal & xExchange users
🚀 @xLaunchpadApp projects progress
🌱 xAlliance visual & video content bounties
🔐 xExchange support for MetaMask
👨‍💻 xAlliance community grant

🌎 @MultiversX 3.8M accounts • 433M transactions • 16.8M staked

📲 @xPortalApp 1.5M+ users • 124K users stake $EGLD

⚡ @xExchangeApp
$57 Million TVL • $12 Million USD 7d volume

Follow these accounts to learn more about #MultiversX
@MultiversX @beniaminmincu @SasuRobert @lucianmincu @Veroc_Daniel @DBCrypt0 @xAllianceDAO

Did we miss something? Let us know in the comments!

Follow us @CryptoBusy for more altcoin updates!

[The Crypto Chief @CryptoChief3]

@CryptoBusy @MultiversX great post my fried

[The Crypto Chief @CryptoChief3]

@CryptoBusy EGLD mate. look into it!

[The Crypto Chief @CryptoChief3]

@Veroc_Daniel great thread Daniel!! Appreciate your thoughts, efforts and dedication

[Daniel Veroc @Veroc_Daniel]

Investment Thesis on #MultiversX / #MEX (where I have almost $7,000,000). You can check out the Tweet below where I posted the portfolio 🔽

My optimistic target is a price of $11,000+ per #EGLD, and the current market cap of #ETH (408.56x from here). I take into account that crypto is currently used only by nerds, degens, speculators, and traders.

Retail is still not present, but we are looking at the adoption of 1 billion people in the coming decade. How quickly we achieve this depends on us and, above all, whether we deal with L2, L3, L4, and similar illogical things, or whether we scale through a secure L1, where it is not clear whether you are using a bank account, Apple's simplicity/experience, or Web3. It's simply from dial-up to broadband. But not everyone still gets it's.

My investment overview in bullet points:

1) Scalability 🌐:

#MultiversX (#EGLD) is the most scalable blockchain with unlimited scaling capabilities due to fully implemented sharding.

There is no theoretical limit, as it's essentially about adding shards.

We can currently scale beyond VISA & Mastercard combined in terms of transactions per second, reaching over 10 million TPS+.

2) Decentralization 🔗:

MultiversX is extremely well decentralized, especially considering its low market capitalization.

It has an impressive 3,568 validators, second only to #ETHEREUM, yet its value and market cap are 409.71x lower. It boasts many more validators than #SOLANA, #ADA, #TON, #AVAX, #NEAR, #XRP, #ICP, and others.

3) Tokenomics 💰:

The blockchain experiences zero downtime and offers the best tokenomics, which is limited and scarce like BTC.

The maximum number of #EGLD is capped at 31.4 million. Unlike #ETH, #SOL, #ICP, #XRP, #NEAR, #TON, which can be practically unlimited with significant inflation, #EGLD maintains scarcity, store of value, and digital gold aspects like BTC.

The blockchain supports fast, decentralized, and custodial money transfers.
Hardware Requirements 🖥️:

The hardware requirements for running validator nodes are extremely low: 4x CPUs, 8 GB RAM, 200 GB SSD, and 100 Mbit/s internet. Even a Raspberry Pi can manage it effortlessly, which is incredible!

4) Blockchain Trilemma SOLVED ⚖️:

MultiversX is the first PoS L1 chain and supercomputer to solve the blockchain trilemma (Decentralization, Security, and Scalability), a problem initially discussed by Vitalik.

Vitalik dreamed of Ethereum scaling through L1 and Sharding, but it has yet to succeed.
Ethereum is opting for Rollups and scaling through 2nd and 3rd layers, which I believe leads to extreme centralization.

BASE, Arbitrum, and others risk centralization, allowing only two people to potentially steal your money.
L2 solutions have poor UI/UX; people don't want to deal with additional layers, bridges, and complexities that deter mass adoption.

MultiversX has no wallet drains, similar hacks, or MEV thefts like other blockchains.

5) Security 🔐:

For me, it is a safe haven and the most secure chain, as the protocol can't be hacked without a 51% attack, similar to BTC, ETH, SOL, and others.

It offers 2-phase on-chain security at the protocol level, meaning even if someone learns your private keys or seed phrase, they cannot hack your funds.

This security is demonstrated by the X account @EgldHeist, where over 5.5 million people saw the seed phrase publicly shared, yet no one managed to hack the funds.

6) Validator Accessibility 🌍:

Becoming a validator is very accessible thanks to StakingV4.

With excellent UI/UX, running nodes is easier than on any other L1.

I have operated two validator agencies since 2021.
Environmental Impact and Costs 🌱:

MultiversX is carbon-negative and features extremely low transaction fees, costing only $0.001 per transaction.

7) Future of Scaling 🚀:

Sharding and horizontal scaling represent the future, grounded in the laws of physics, mathematics, and scaling law.

Relying solely on hardware advancements is impractical, as demonstrated by #SOLANA's failures with network downtimes, centralization, and high hardware demands.

8) Market Valuation 📊:

MultiversX is the most undervalued blockchain, with a market cap of just $0.74 billion USD.

Solana is 96.44x more expensive, Ethereum 409.71x, Doge 19.53x, TONCOIN 19.54x, NEAR 5.70x, and BONK 2.00x more expensive.

9) User Experience 🏆:

MultiversX offers the best UI/UX, unrivaled by any other platform.

From the Explorer to xPortal and beyond, it provides an unparalleled user experience whether running validator agencies, searching for transactions, sending payments, or swapping tokens on xExchange or any DEX running on MvX.

10) Technological Advancements 💡:

Soon, they will achieve Finality in 1 second, which is incredible while maintaining 0 downtime and decentralization.

MultiversX developed the Sovereign Chains project, allowing anyone—companies, institutions, VCs, governments—to launch their blockchain with a few clicks and set their validator requirements and coin amounts.

It can also assist #BTC, #ETH, and #SOL by resolving their issues with an L2 running on MvX.

11) xPortal📱:

xPortal is the only app you need in crypto.
Besides being the safest app with on-chain 2-phase protocol-level security (Guardian), it boasts the best UI/UX, resembling Apple’s style.
You can use Hero tags to send money through nicknames instead of copying addresses, making it even better than a bank account.
The app supports many cryptocurrencies and DApps, with everything in one All-In-One app, including Metamask and #ETH network access.
It features P2P chat, NFT displays, profile pictures, gamification, games, rewards, and hundreds of other functions.
You can optionally add KYC to get a virtual MasterCard that integrates with Apple Pay or Google Pay for worldwide crypto payments.
They plan to offer IBAN accounts, integrating banking and crypto in one app. You can order a physical card and pay for coffee with crypto worldwide.

12) MEV Problem 🛡️:

MultiversX solved the MEV problem, so no one robs you like on the SOLANA blockchain due to MEV.
Security Features 🔒:

MultiversX has no wallet drains or similar hacks found on other blockchains, ensuring extreme security.

13) Professional Events 🎤:

xDay, like an Apple-style keynote, delivers incredibly professional events and ecosystem presentations unmatched in crypto.
They are like conferences on steroids; watch the xDay trailer and judge for yourself.

14) xMoney 💳:

The MvX core team acquired uTrust, essentially Stripe for Web3, critical for the B2B market.

For example, https://t.co/q9T9Ge1bCY allows you to buy cars from the VW group using #EGLD.
xMoney holds enormous potential for e-commerce, enabling payments in all cryptocurrencies, boosting awareness of the MultiversX ecosystem and EGLD, and ultimately increasing its value.

15) Market Presence in Korea 🇰🇷:

Korea is the second-largest crypto market globally after the USA, and #EGLD is actively traded there.
MultiversX has just begun its marketing efforts, and xDay in Seoul will spark massive adoption.

16) Developer Activity 💻:

MultiversX has the most dedicated developers, consistently producing vast amounts of code and improvements.

Their activity is evident on Github, continuing even during the bear market.

The entire MvX is 10x more valuable than when EGLD was priced at $500.

I believe they have the most talented team in crypto, with founders and developers from companies like Google, PhD mathematicians, cryptographers, and promising engineers.

17) Market Irrationality 🧩:

It is crucial to understand that the market is extremely irrational. Currently, memecoins have a market cap of around $80 billion, a bubble that will eventually burst, leaving retail investors with losses.

Smart money will sell in time; it’s a game with a predictable end.

It’s impossible for memecoins to hold an $80 billion market cap when they do nothing, mean nothing, and serve only as a casino.

While building communities and awareness is great, MultiversX represents the best technology with a $0.8 billion market cap.

A mere liquidity shift from memecoins to MvX could yield an 80x increase, not to mention the thousands of other cryptocurrencies emerging daily!
Commitment to MultiversX 💪:

There are thousands of reasons why I chose #MultiversX / #MEX and why I am almost all-in on MvX.
I want to start making professional studio videos on YouTube, which I am building.

I plan to begin podcasts and interviews with people involved in MvX and other Web3 projects.
I aim to create short reels/YouTube shorts videos.

I want to livestream during the bull run, publicly showing my portfolio and discussing #EGLD, #MultiversX, and the ecosystem.

18) Marketing Plans 📈:

I have numerous marketing plans for MvX in mind, aiming to grow the #EGLDSqueeze (X group) community and Telegram to at least 10,000 members.
The EGLDSqueeze website is still under development.
I plan to continue with giveaways, having already conducted some and sent money, and I will keep investing my resources to help develop the ecosystem.
HEYGEN AI Subscription 🎥:

I have subscribed to HEYGEN AI (considering the enterprise level costing $10,000 annually, negotiating a better price).

This enables video translation into various languages, including Korean.

I would like to create MvX videos to promote locally to those who don’t understand English.

While my spoken English is currently limited, I am working on improving it.

19) Community Engagement 🤝:

By being extremely active, positive, and developing the #EGLDSqueeze community, we can reach incredible membership numbers and market cap.

The principle is to support one another, stay united, and back all efforts to advance the ecosystem.

If #EGLDSqueeze goes viral, we create a massive meme around the ecosystem and #EGLD as the first and only #Gamestop of crypto.

Eventually, everyone will hear about us and try the best technology on the market, with no turning back.

For me, THERE IS NO SECOND BEST. That’s why I use MvX, having tried all other L1s, including running validator agencies on others like NEAR, TON, SOL, etc., but none satisfied me as much as here, making me an MvX maximalist over time.

Let's go, Apes Together, Strong. Ape alone, weak.

Have an amazing day, stay HARD & #EGLDSqueeze the most scalable, advanced and secure L1 & supercomputer in the world with best UI/UX! Don't forget download & try 1 and setup your own on-chain 2phase. Enjoy!

[Daniel Veroc @Veroc_Daniel]

Big reveal🚩So far the best crypto X meme that someone sent to the #EGLDSqueeze community Telegram 🤣😅😂 lmao. It explains everything about what's going on with #SOL #ETH #EGLD & #BTC. Everybody who holds any of these coins should see this one! It's crazy 😱🚨

[Spud⚡️ @Web3Spud]

Jokes aside $EGLD is pretty dope ⚡️

Once it gathers momentum a run up to ATHs would be the comeback of the bullrun 🙌

The product and team are faultless - all it takes is a spark in volume 💥

Will $EGLD shock everyone? 👇

[Daniel Veroc @Veroc_Daniel]

$EGLD is crushing it with the 2nd highest buy trend on UpBit, top crypto exchange in South Korea 🇰🇷. And guess what? This is just the warm-up lap for what the community of #EGLDSqueeze can do! I promise that we have just begun fight for the most undervalued L1 with 10mil TPS+ 🚀

[The Crypto Chief @CryptoChief3]

@DBCrypt0 thanks mate. keep up the good work

[Sjuul | AltCryptoGems @AltCryptoGems]

ON THE RISE?! | 9/7/24

@Multiversx is on the rise! With a lovely 13% rise $EGLD has risen!!! This is due to new metaverse adoption with technologies!

Source: @CoinMarketCap

[Daniel Veroc @Veroc_Daniel]

@AltCryptoGems @MultiversX @CoinMarketCap We’re here because we’re tired of seeing overvalued and centralized coins like #SOL or #ETH in the top 20 that don’t scale. We believe in the most advanced L1 with 10M+ TPS (sharding), decentralized, best UI/UX, and carbon-negative. Join #EGLDSqueeze 🔽 https://t.co/W4T1QvERb5

[The Crypto Chief @CryptoChief3]

@CryptoTisa1 cheers

[Daniel Veroc @Veroc_Daniel]

Starting today, let's kick off community YOLO marketing (Day 1) of #EGLDSqueeze (#MultiversX), inspired by the #GameStop and @TheRoaringKitty, @wallstreetbets movement.

Let's actively promote and educate everyone from other chains on @X and #Reddit 24/7 about why we LIKE the COIN #EGLD.

The ultimate goal is to squeeze out all the short sellers and bears and educate people on why #MultiversX is the best (PoS) - L1 for the next 10 years ahead of #ETHEREUM (#ETH), #SOLANA (#SOL), and other chains in all aspects. We need to start adding people to our army.

Let's educate people from #Solana (#SOL), (#NEAR), #Avalanche (#AVAX), #Toncoin (#TON), #Cardano (#ADA), #Polkadot (#DOT), #SUI, #BNB (#BINANCE), and other chains. Let's be the loudest, most active, and most persistent of them all.

Why is this fight important?

We are fighting against chains heavily overinvested by VCs and centralized, where wealthy individuals pour billions of dollars.

We don't need VCs' money to defeat them because we have the best L1 technology that can scale up to 10,000,000 TPS+ (unlimited just by adding shards) and maintain decentralization & zero downtime while having the best modern design UI/UX for everyone in the ecosystem, not just tech enthusiasts.

We can triumph over VCs, wealthy individuals, hedge funds, and big investment companies that manipulated other chains' prices and shorted #EGLD to protect their interests. Let's build a strong community and movement.

Let’s make this Day 1 of #EGLDSqueeze one that everyone will remember!

PS: I've also created a group on Reddit so anyone who wants to contribute to this movement can join. Let's start by creating memes and generating hype today!

STOP with #FUD & #HATE in our community. Start educating others. NOW.

Additionally, every day our company plans to purchase at least 700 EGLD, and by the end of the year, we aim to invest at least an additional $3 million. So what I'm saying will be backed by actions, not just words.
Apes don't rely on what the @MultiversX team will do; they're here to write code and develop the best technology. Apes are responsible for marketing! $EGLD is ready to go at least 100x higher.

#SOL is 84.11 times more expensive than #EGLD, with a market cap 84.11 times larger. EGLD excels in every aspect, surpassing Solana as a true L1 that requires no L2 and ensures zero downtime.

#EGLD also has better tokenomics than #Solana and other chains because it has a fixed limit on the number of coins, making it a scarce asset like #Bitcoin (#BTC). This limit helps maintain the coin's value and restricts new coin issuance. EGLD is true internet gold.

Please note, these are personal views and not investment advice. Invest wisely based on your own financial situation. #DYOR.

#EGLDSqueeze (100x) is inevitable, because

Apes together, STRONG!
https://t.co/xId1TCbIp2

[The Crypto Chief @CryptoChief3]

#HereToStay #veve