How High Can Griffain Go? ⚠ Crypto Token Analysis

Griffin is the new high flyer project in artificial intelligence listed on the Solana chain now it's gaining traction the question is how much longer can this traction last who's buying here who's selling here let's have a look at the onchain metrics most people are not considering now this is not the first video on griffan on this channel I published one 25 days ago and initially nobody was interested but now the video starts to gain some traction and that's not really a surprise it's not the fourth largest trending token on Solana in terms of liquidity there's 9. 1 million in the radium pool and so it's not just the video that's ging traction obviously the price is up as well it's close to all-time highs it's up 12% today alone despite there being less buyers than sellers in other words the buyers tend to move more money than the sellers do this is not necessarily very usual given that now the price goes higher and the sellers should actually be taking profit now you see over here a little data point on the 14th of November when the price was at 0. 2 since then we went up by 24,000 and that data point here that is when we got a notification so we're tracking various influencer wallets for example Kyle chesse as well and he swapped some of his gold tokens to Griffin at that price now here's something very interesting thing about griffan the price continues to go up more and more people buy the token despite the project still being in Early Access you need an invite in order to use griffan but luckily there are also explainer videos on the Twitter profile explaining what griffan is doing there are various AI agents with different use cases now the Griffin token has 46,000 holders and the big question is why did the price almost 3x since listing on coin market cap on the 20th of December now coin market cap had been pretty slow because the token started trading already on the 8th of December so despite the attention somewhat slowing down since then again the price was able to continue Rising now let's have a look at the trading volume on the left side in US Dollars on the right side normalized to 100% per day and that trading volume is split up across different wallet sizes so small retail is all the wallets that have less than $1,000 worth of Gane medium retail is up to $110,000 large retail is up to $100,000 we can clearly see how the token got a lot of adoption starting on the 7th of December so that's still 2 weeks before the coin market cap listing and then upon listing off coin market cap we actually haven't seen much of a difference now over time we don't really see a drastic change in who is moving the token who's trading the token it seems like the ratio of small retail to medium-sized retail to large retail over time that ratio in terms of trading volume isn't really changing the number of holders is changing though on the left side we've got retail on the right side we've got the whales and in the middle is something in between now the way we make this distinction is by minimum holding threshold so on the left side it's 2,000 tokens that a wallet has to hold at minimum to be counted in this chart in the middle it's 20,000 tokens on the right it's 200,000 tokens and so retail continues to accumulate and the whales at least continue to hold they stopped accumulating on the third 1th of December so one week before the listing on coin market cap and that did initially put a dent into the price we went down by 56% but now retail seems to be taking over again and so we see new all-time highs now we are currently in an expanding Market there's money flowing in from traditional Finance into crypto we can see this in the stable coin market cap I like this chart quite a lot because it has very little volatility and it shows us very clearly if we are currently Contracting and we should be betting on falling prices or if we are expanding and money is flowing into crypto and we should be betting on Rising prices since October of 2023 the circulating stable supply has grown by 62% we are now at $188 billion when you're sending your hard-earned Fiat to binance binance then sends this over to a stable coin issuer that takes custody of the funds and that then afterwards issues the tokens on the blockchain and we can see the issuance here in the chart the thing is though that returns are now very much asimetric we can't anymore just buy a 100 different alt coins and hope to outperform bitcoin with that have a look at the top performing categories in the last 7 days it's memec coin related it's the pump.

fun ecosystem it's AI so unless your portfolio has nothing but Ai and meme coins you're likely underperforming just plain simply holding Bitcoin here is what didn't perform that well privacy coins real world asset protoc OLS Bridge tokens proof of work tokens lending and borrowing protocols and why did those tokens perform worse than say the meme coins and the AI agents it's because of tokenomics everybody got burnt after the def summer because of token unlocks right ventor capitalist sold all the allocations and so when we're speculating with a lot of risk anyways when we buy all of those alt coins and you want to get the upside why not simply play fairly player versus player this I believe why a I and why the mem coins are doing that well here have a look at this right this is the tokenomics of the balancer token this is how much the balancer Supply increased over time within the span of four to 5 years the supply more than 3x and that then means that the token has to underperform bitcoin and ethereum over here this is the balance price relative to ethereum so not to the US dollar because when ethereum and when Bitcoin goes up then of course balancer goes up as well but it's always about relative performance do we get more performance by taking on more risk compared to just buying Bitcoin and for most tokens unfortunately the answer is no we don't see that outperformance right balancer versus Eve did very very poorly and that is why people now get into meme coins Etc because the supply is not expanding we do not see an underperformance of literally 99% what performed best in the last 7 Days SPX 6900 and fcoin both are coins SPX 6900 is now at $153 fcoin is at a134 and it's always about being early now how fair is mem coin trading it's 100% player versus player but at least it's not Venture capitalists or insiders or team versus player but player versus player in the end still means that the player that has most information and that has most skills tends to make most money so simply just gambling on alt coins isn't going to cut it it's it's about getting the right info and so have a look at SPX 16900 there are several alerts here and Kyle chesse bought the token at 47 again now we are more than 3x that value I have a look at fcoin Kyle chesse bought at 4. 5 C and he's not buying small amounts right he's buying 20K over here those 4 to 5 cents turned into $134 so that's a 20 25x from here right if you make bets like this this it's okay if half of the bets if even 34s of the bets go down it's really an approach comparable to what the professionals are doing right it's buying a lot of small things but only buying a lot of things where there's a lot of upside you don't want to buy a lot of large old coins you want to buy a lot of small ones and you want to only buy the things where the Insiders have some knowledge so I've talked about KY chesse now twice in this video here is his YouTube channel he's got 141,000 subscribers and the reason why we've got this kind of alerts is because we track his wallets we've got 12 of Kyle chess's wallets in total have a look at this this is Crypt benter they've got 1. 1 million subscribers and here's the thing with crypto there isn't a lot of Regulation right A lot of people simply buy a token and then afterwards promote it on YouTube and so when a Channel with 1.

1 million subscribers talks about a token of course this generates attention of course attention leads to purchases and of course purchases lead to Rising prices and we've got 33 of Crypt banter wallets we know when they are buying and selling but check this out Alex Becker's Channel 1. 55 million subscribers even more we've got 12 of his wallets making money in crypto I believe is all about buying with the anticipation that more people will buy afterwards now if influencers buy something and they talk about something it's likely that there will be a lot of purchases afterwards right depending on how large the token is of of course and how large the following of the influencer is if Alex Becker is talking about Bitcoin going up it's very unlikely that that's going to move the needle but if Kyle chesse is buying fcoin for 4 cents then this might move the needle now I like this strategy that much that I made a dedicated tutorial section just on this topic how can we find influencer wallets how can we track influencer wallets and how can we interpret the signals that we get from the tracking it's all part of the premium membership of this channel feel free to check it out it's the Bitcoin trade. com premium is not just about wallet tracking it's also about risk mitigation it's also about onchain analytics there's more than a 100 tutorial videos in total in premium so feel free to check it out it's currently $165 per month there's also a onewe money back guarantee so in case you don't learn anything Etc just message me within the first 7 days and I'll refund you 100% there's really zero risk for you now the big question is how much more upside potential is there still for griffan does it still make sense to buy the token now let's have a look at relative market caps what we've got over here is a list of the pump.

fun ecosystem tokens and Gane is one of those tokens and it's got a market cap of 480 million roughly with a 2X it would become the second largest of the pump. fun ecosystem tokens with a 3X it would be the largest so if graffan cannot outgrow pump. fun if it stays Within within this universe then a 3X from here is the absolute ceiling now here are AI agent launch pads and we don't have for whatever reason AI 16z in here but there is virtual protocol with a market cap of 3.

8 billion AI 16z by the way has 2.