I believe that osmosis will shock the world and why is that it's because I believe that its native token called osmo could hypothetically go to the price of $10 during this buol run and of course not Financial advice and not a guarantee but why do I think so it's because I think that osmosis is that special you know after all it's a decentralized exchange that is powered by Cosmos now you may be thinking okay it's just another regular old decentralized exchange why is this so special however often times S I feel like people ignore the
fact that again it's powered by Cosmos which is very fantastic and let me explain to you what Cosmos is all about because the cosmos blockchain utilizes a proof of State consensus algorithm called tendermint and terment by the way makes it possible for Cosmos to process up to 10,000 transactions per second which I think is insane but besides that point tenderman actually created a toolkit called the cosmos SDK which makes it possible to build application specific blockchains so far there has been over 50 Cosmos based blockchains which include crypto.com Kronos the B&B chain Luna classic and
of course many others now Luna did end up you know going down in flames but besides that point this is a very impressive list nonetheless and let's keep in mind as well when it comes to what connects all these Cosmos based blockchains together it's something called IBC which stands for the blockchain communication protocol that's kind of a mouthful but besides that point any blockchain out there that does have IBC enabled can easily transfer assets to and from any other blockchain that does have IBC enabled so when I see a decentralized exchange that is powered by
Cosmos how can it not be bullish on it but if that's not even enough for you we take into consideration how osmosis has very impressive statistics you know for instance it can access liquidity and assets from over 100 ecosystems including Ripple Solana Cosmos of course polka dot Avalanche and many others very insane however besides that point osmosis is also trusted by over 1 million users even has an all-time volume of over 30 billion dollars I mean just imagine that that's crazy if you ask me but again there's more because there's over 600 million dollar worth
of assets on osmosis so I mean this is what we're dealing with right here one of the best decentralized exchanges out there in my opinion statistics are A+ and it's on the right place AKA Cosmos how can I not be bullish on it now this is not Financial advice but when you take a look at the decentralized finance Market which of course a decentralized exchange does fall under the category of that again right the decentralized finance Market aka the def5 market I think it has a lot of potential because according to Grand View research the
defi Market is expected to be worth over $200 billion by 20 030 which is insane so when people out there say that oh wow you know there's so many decentralized exchanges out there look at pancake swap Unis swap Aerodrome you know whatever the case may be how can something like osmosis survive well here's the thing when a market is expected to be worth over $200 billion over the next 6 years you know I think there's going to be room for a lot of the good players to eat so to speak you know I think that
unus swap or pancake swap it doesn't have to go down in order for osmosis to prosper you know I think they can do well but I think osmosis could do well too fundamentals are that amazing in my opinion and keep in mind osmo the native token of Osmosis you know going to the price of $10 isn't insane because if it were to go to the price of $10 considering its current circulating Supply at that point market cap would be around $6.7 billion now let's say for Simplicity sake we say it's 7 billion even this isn't
crazy because for instance at one point the native token of Unis swap called uni reached around 20 $ billion in market cap and now this was back in 2021 so is a $7 billion market cap crazy I don't think so you know in the world of decentralized exchanges we've seen something do a lot better now we have to take into consideration though Unis swap does have a lot of fans a lot of hype it's very well established so I'm not saying that even osmo is going to go to half of that right not even 11
billion market cap around I'm just saying around 7 billion it's not too much to ask for if something like unique can go to around 22 billion why can't osmo with its a plus fundamentals at least go to around 7 billion at least that's just the way I view it and just imagine what happens to altcoins when Bitcoin goes to the price of $100,000 you know let's say even Beyond that's 150,000 it's going to look insane and historically this isn't even supposed to be the time yet when altcoins are supposed to Peak usually altcoins they Peak
anywhere between half a year to year and a half after Bitcoin having event now the Bitcoin having event happened back in April so there's still plenty of time there half a year is October this year a year and a half is October of next year again there's still time there not Financial advice but personally for me the way I view it is that when it comes to people panicking about osmo I just don't get it because usually when Bitcoin does pump altcoins they typically pump by a lot more but when Bitcoin does go down right
on the flip side alt coins are going to tank very hard so I know that and I understand that which is why I'm not panicking when it comes to OS as of right now a lot of people out there they are saying wow it's done it's trash but I disagree I'm continuing to dollar cost average because any time income I'm acquiring I'm holding and I'm just waiting you know I'm not a day trader not using leverage not swing trading I'm not doing any of that especially when it comes to any cryptocurrency that I own I
mean I just don't do any of that type of nonsense now this is just what I do but I like to keep things simple I acquire I hold and I just wait and why would I not wait you know according to crypto.com research there's nearly 600 million crypto owners as we speak you know that's more than ever before in history so with this many crypto owners you can only imagine right the potential full Mo buying pressure and buying volume however it's going to take some time and again I'm staying patient osmo at the price of
$10 wouldn't surprise me whatsoever I think it's that amazing and I think it's s fantastic and make sure to subscribe if you gain value from this video I'd greatly appreciate it it's m Le the captain and I'll catch you all on the next one I'm out peace bye
