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CryptoVideosI’m Going ALL IN on These Altcoins!! [Chico Crypto Is BACK]
Crypto

I’m Going ALL IN on These Altcoins!! [Chico Crypto Is BACK]

•September 11, 2024
0
Tyler Swope
Tyler Swope•Sep 11, 2024

Why It Matters

Chico’s views matter to retail crypto investors: he urges positioning into utility altcoins ahead of a post-election market move and highlights GMX as a high-conviction pick, signaling a broader shift from meme speculation to fundamentals-driven crypto bets. The election-linked macro outlook also underscores heightened political risk as a driver of crypto price asymmetry.

Summary

Tyler of Chico Crypto returns from a months-long hiatus to announce personal milestones (engagement and the birth of his son) and to refocus on crypto, saying Bitcoin is consolidating around $55–60k and likely to stay choppy until after the U.S. election. He warns that recent meme-coin froth signaled a shakeout and argues investors should rotate into utility-driven altcoins rather than speculative meme plays. He discloses selling portions of longtime alt holdings to secure cash for family needs but remains bullish on GMX — citing real yield, UX, liquidity and derivative use-case advantages over competitors like dYdX. He expects election outcomes to be a major catalyst, with a Trump win potentially driving a much larger Bitcoin run-up than a Biden administration.

Original Description

CHICO CRYPTO is back with v2 of the show & we’ve found altcoins that could pump more than Solana very soon!! Everyone was focused on meme coins while I was MIA…but a new altcoin hype cycle is coming and this one will be centered around REAL UTILITY!! What are the utility altcoins I’m going all in for? Tune in to find out…
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Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
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