Space Summary
The Twitter Space Two Dogs Running with the Bulls hosted by HTX_Global. Exploring the world of cryptocurrency trading and market dynamics through insightful discussions, expert tips, and community engagement on the HTX platform. Traders gain valuable insights on risk management, diversification strategies, DeFi integration, and the importance of emotional discipline in successful trading. Community collaboration, continuous learning, and staying informed on market trends are highlighted as essential elements for trading proficiency. Emphasizing mental resilience and effective risk mitigation, traders are equipped with the knowledge and tools to navigate the evolving crypto landscape with confidence.
For more spaces, visit the Trading page.
Space Statistics
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Questions
Q: How does HTX differentiate itself in the crypto trading market?
A: HTX stands out by offering a unique trading experience, strong community support, and exclusive features.
Q: What are the key factors to consider when diversifying a crypto portfolio?
A: Investors should focus on asset allocation, risk tolerance, market trends, and long-term goals.
Q: Why is emotional discipline crucial in cryptocurrency trading?
A: Managing emotions helps traders make rational decisions, avoid impulsive actions, and stay focused on strategies.
Q: How can traders benefit from using technical analysis tools?
A: Technical analysis tools provide insights into price trends, support, resistance levels, and potential entry/exit points.
Q: What are the advantages of incorporating DeFi into trading strategies?
A: DeFi offers opportunities for yield farming, decentralized exchanges, lending, and borrowing, adding flexibility and efficiency to trading.
Q: How can beginner traders enhance their skills and knowledge in the crypto market?
A: Education, practice, mentorship, and continuous learning can help beginners gain confidence and improve their trading abilities.
Q: What role does community support play in successful crypto trading?
A: Communities provide valuable insights, alerts, collaboration, and a supportive environment for traders to share experiences and knowledge.
Q: How important is it to stay updated on market trends and news in cryptocurrency trading?
A: Being informed about market developments, regulatory changes, and industry trends is essential for making informed trading decisions.
Q: What are some common mistakes to avoid in cryptocurrency trading?
A: Avoiding emotional trading, over-leveraging, neglecting risk management, and following blindly are common pitfalls that traders should be aware of.
Q: How can traders effectively manage risks in their crypto portfolios?
A: Diversification, setting stop-loss orders, monitoring market trends, and having a clear risk management strategy are key to risk mitigation.
Q: Why is it essential to have a resilient mindset in crypto trading?
A: Maintaining a resilient mindset helps traders navigate market volatility, setbacks, and challenges with adaptability, patience, and a long-term perspective.
Highlights
Time: 00:15:40
Exclusive Trading Insights on HTX Discover insider tips and strategies for successful cryptocurrency trading on the HTX platform.
Time: 00:25:17
Risk Management and Portfolio Diversification Learn how to protect your investments and optimize returns through effective risk management.
Time: 00:35:55
Community Collaboration and Support Explore the benefits of being part of a vibrant crypto trading community for shared knowledge and experiences.
Time: 00:45:20
DeFi Integration in Crypto Trading Understand the transformative potential of DeFi in reshaping traditional trading practices and enhancing liquidity.
Time: 00:55:10
Mental Discipline and Trading Psychology Uncover the psychological aspects of trading and strategies to maintain emotional balance for better decision-making.
Time: 01:05:30
Continuous Learning and Skill Development Embrace a growth mindset and commitment to ongoing education to evolve as a successful crypto trader.
Time: 01:15:45
Market Analysis and Information Updates Stay ahead of the curve with timely market analysis, news updates, and industry insights for strategic trading decisions.
Time: 01:25:55
Avoiding Common Trading Mistakes Identify and steer clear of common pitfalls that can hinder trading performance and profitability.
Time: 01:35:12
Effective Risk Management Strategies Implement proactive risk management techniques to safeguard your portfolio and minimize potential losses.
Time: 01:45:28
Building Resilience in Trading Develop mental resilience, adaptability, and discipline to overcome challenges and thrive in the crypto trading environment.
Key Takeaways
- HTX offers exclusive opportunities for crypto trading with a strong community.
- The importance of market analysis and staying informed in cryptocurrency trading.
- Tips on risk management and diversification of crypto portfolios.
- Discussions on the latest trends and developments in the crypto space.
- Insights on maximizing profits and minimizing risks in trading.
- Learning about different trading strategies and techniques from experienced traders.
- How to leverage technical analysis tools for better trading decisions.
- Understanding the role of emotions and psychology in cryptocurrency trading.
- Exploring the potential of decentralized finance (DeFi) in the crypto trading landscape.
- Building a resilient trading mindset and adapting to market fluctuations.
Behind the Mic
Introduction and Excitement for the Event
All right, ladies and gentlemen, this is John from HTX. We have an amazing space today. I'm really psyched up and excited about this event. We've been promoting this for a little while, so thank you guys for joining. And we have, I would assume we have two of the best running with the Bulls dogs. They're barking lots. You can't hear them in the background, but maybe they'll bark later, who knows? I wanted to go ahead and tell you guys, thank you guys so much for joining and also tell us where you're from, wherever in the world you are. You can tell us on a comment underneath the space. So you can say, you know, if you're from whatever country, you can just put that in the space. We'll get some shouts here in a couple of minutes, but I just really love to see where you guys are coming from around the globe because it always makes me excited to see how big the community is everywhere in crypto.
Inviting Participation and Introduction to Guests
So if you could do that'd be really great. And today, like I said, we have two dogs. Running with the bulls is the name of this space. First guest is going to be Sundog. He's going to the sun. And of course, Nero, CTO, part of the ecosystem that is just driving up into the meme coin cycle. I don't even know if you want to call meme coins anymore. They just have a community of just amazing people. So with that, I got a couple questions, but also we'll probably open it up at the end for questions, if you guys have them for them. And. Yeah, so just go ahead and make sure to comment where you're from. And we'll get started here in about 1 minute. Let's get more people in. Yep. And I think I invited everyone up. Give me 1 second. Okay. I think we're good. All right, perfect.
Conversation Starting and Guest Introduction
So let's go ahead and get started. We'll start with Sundog. Go over to you. How are you? Yeah, very good, thank you. How are you doing? Good. Perfect. I wanted to go into a little bit about you guys or the team and then the background of what Sundog is. I know the basics, but I think people would love to dig more into it. Yeah, yeah. So thanks for having us up. We're here from Sundog. Really excited to join you today, HTX team. Great to be up here as well with Nero and really been loving what you've been doing recently in terms of giving exposure to memes and communities. So thanks so much for having us up looking forward to a great conversation today.
Introduction to Sundog and Community Engagement
First of all, I guess, who are we? Well, we're Sundog. We are the top dog on Tron. We were the first mover when Sun Pump went live and the Tron ecosystem turned its gaze towards memes. And we've been tracking what's been going on at Tron for a long time. It's a well established chain now. We're really excited that they came up with Sun Pump to complementsun IO. And obviously, Justin sun, the founder of Tron, is incredibly vocal and has been really supportive of developments to the ecosystem. And were just super excited to get going. So Sundog is a play on words, as you can imagine. It's about acknowledging what has been in memes in the pursuit for the moon, but actually saying the moon isn't enough. And instead we are on a mission to get to the sun.
Mission and Goals of Sundog
Sun Dog, to the sun is what we live by and it can mean so much more than that. It's about being the best version of yourself. It's about being a great community member. It's about holding a token, really, that represents a great ecosystem in Tron that is promoting and pushing people to step out from the boundaries. And we're really excited to be leading that push at the moment. It's been incredible. We're, gosh, six weeks in, it's been a hell of a ride. We are. We've had, you know, like, all time highs of, I guess, close to $400 million, 370. We did have a huge spike where someone placed a huge order of Sundog that pushed us to a billion very briefly.
Community Engagement and Future Plans
But we've been very active IRL. We've been out to Singapore recently, token 2049. We've got some really fun merch that's coming out for people. We've been dropping all of our memes. We launched Sunbot, which currently is actually under maintenance, but it's a telegram native app that allows people to trade tron meme tokens intuitively and easily. And, yeah, we're here to build and grow and to represent the dogs and we're pleased to be up here with another incredible dog as well. So I'll pass it over to them. Thank you so much. Yep. Yeah, we hear you fine. I've had problems with spaces connecting to a mic, like, nine out of ten times.
Collaboration and Mutual Respect
Anyway, thank you for hosting this, John and HTX, and thank you to Sundog also for coordinating with us and with HTX to do this. I think it's great. I'm s. I'm co leading the Niro CTO. Robotic is a speaker also here on this space. He's been co leading as well. So I guess we'll both speak in terms depending on the topic. And we are really excited to be here for a few reasons. I mean, we have a very friendly relationship with HTX, and I think robotic also can agree that they've been amazing partners for us. They've been really helpful. They've really treated us with love and respect, and they've connected us with other people in the industry.
Shared Vision and Community Impact
And, you know, I personally have nothing but respect and good feelings towards them. And of course, it would be, I think, very appropriate to do a collaboration with Sandog, since we have been endorsed both by Justin sun and Sandog is, to my knowledge, I think, the biggest meme coin on Tron, and certainly the most prominent one. And they've been doing great things, and I think it's really nice to see some cross chain, you know, sort of collaboration and collaboration between high caliber, you know, projects that have big aspirations, big dreams, that they do good stuff, and they promote, you know, their token in with, you know, decency and with love.
The Core Principles and Community Initiatives
And a little bit about us, I guess. We represent Nero, who is the new Shiba Inu dog that has been adopted by the Sato family in Japan, who previously owned Kabosu, the dog behind the Dogecoin meme. And were the first to trade on Ethereum. Very soon after the deployment, the developer abandoned the project and we formed a community takeover as CTO. And we've been at it ever since. Pretty much since day two of deployment, we've had our first set of successes and failures. Most notably, we've gotten an acclaimed from Vitalik, the founder of Ethereum. We've gotten an endorsement by Justin sun, which led us to getting a partnership with HTX, for which we are extremely grateful for. And more recently, we got a spot listing on Binance and as an acknowledgment of the power of the community that was driving Niro at the time, and still is, and that's how we are, have ended up here.
Charity and Community Welfare
One of the core, I guess, principles of our community is also doing charity. We've done, I think, more than ten or 15 charitable events throughout the world so far, in various regions, in real life events from, you know, China all the way to Europe, and mostly focused on stray dog shelters and animal related causes. And we believe in doing good every day, such as is the doge, you know, I guess, tagline. And we hope to do many more such things in the future as well. Awesome. Yeah, that's really great to hear. And, I mean, it's such a beautiful story about how everything is developed and it's something that I think is very different than other projects. And I couldn't imagine a better story to share to what's going on in crypto.
Innovation and Unique Narratives
You know, since I got in crypto, it was like Dodge Dogecoin was like the first meme, but that story was very old. And this is like the innovation of that, sort of, in a way. So I'm glad you guys are also embracing charity. I think that's really great to give back to the community worldwide. So, yeah, thanks for sharing the stories and inviting your community here. So, I have to say, it's very unusual for projects to partner, especially since they're in the same field. Usually you talk about a project, partners with someone else, maybe in a different ecosystem, like a DeFi project, partnering with RWA, and they do some kind of collab.
Collaboration Insights Between Sundog and Nero
But, you, Nero CTO and Sundog have, came up with like a partnership or collaboration, which is highly unusual because you guys are sort of in the same genre. Right. I'll go back to Sundog. So why did you decide to partner with, Nero, CTO? And is there something that really, like, touched your heart or touched the communities that you guys just had to do it because you guys felt like it was something that you guys could build something together? Is there a deeper meaning? Anything you'd share? Thanks.
Introduction and Community Impact
Yeah, thanks. Look, you've just heard the guys speak there from Nero and, like, clearly it's about intention, right? This whole space runs, I think, on attention and intention, and we did some research and we could see that the intentions of this team were great and we feel the same. We've got currently, a program where we are giving fifty thousand dollars to ten thousand dollars per charity to five different dog related charities. We started with one in London and one in Brazil, and we're moving our way around the world trying to find partners that want to, you know, hook up on those things. But it's not just about that, right.
The Emerging Blockchain and Building Trust
We accept that Tron itself is, despite being around for a long time, you know, it's still an emerging, it's an emerging blockchain when it comes to memes. And so we, you know, we're really, we have to be realistic about, you know, how we onboard people into the ecosystem and how we behave and the people that we hang with and the way that we create, you know, we want to create a pathway into Tron that gives people trust in what we're building and what's going on there. And so we're working on the partnerships that we've got and the people that we coordinate marketing pushes and drives with to make sure that we're able to create a great community.
Collaboration and Support
And I think for the guys at Niro, I don't want to speak on their behalf. I'm sure they'll say the same. But what were able to do very quickly is leverage the Tron community as the number one meme on the chain to rally behind us, and we have huge support. And so as a result of that, we believe that we also have a transferable community. And if these dogs want to hang together and people are into that, well, there's absolutely no reason why they couldn't hold both. I think when you ask the question there towards the end, which is, does that mean something long term? Well, yeah, of course it does.
Future Plans and Events
Like, we want to hang with these guys. We want to cross pollinate our communities. We want to go on marketing campaigns together. Hell, we might even decide to launch some or host some IRL events together. And I'll let the team from Nero talk if they want, about some of the other things that we've got coming up. But, yeah, needless to say, like, there's enough room in the pound for a few dogs. And we think that sundog and Nero are two top players. And, yeah, we're in the same business, but we're doing it on different chains, and we're excited to work together.
Shared Values and Charity Efforts
I think I'll come in from a Niro point of view, if that's okay. So, yeah, so, basically, you know, from speaking to Sundog, you know, we can see we share a lot of similar values, you know, integrity. We want to make a meaningful impact going forward. You know, we saw that you have a great community, and obviously you're leading on Tron. And Justin sun is obviously a friend of ours, you know, somebody who has supported us. And we see that, you know, Tron is obviously, he is, you know, leading this and moving forward with it. And we can see that Sundog is clearly the leader there.
Community Building and Future Collaboration
We believe in collaborating, you know, together with projects rather than competition. You know, you are on a different network. You lead in that network. We are the new emerging, you know, talking, leading on Ethereum. You know, we're both dogs. We share similar values, and, you know, we charity work that we want to do, and we believe we can do that together. You know, you mentioned you had a grant for $50,000. You know, we have a strategic reserve, you know, that originally started with the community donating at one point.
Community-Driven Support and Charity Events
I think we had, I think, $6 million or so. A lot of that is in market making, but a big proportion is going to charity work, and that is all from the community coming together with the shared ethos of giving back. You know, it's all about letting people in the community to do it themselves. You know, we've got various charity events, and, you know, one of the ways we can work together is for sure. Doing a charity event together, you know, maybe in real life, you know, going out into the community, you know, we can do various things together at a dog shelter.
Further Initiatives and Community Engagement
We can give out dog food, give medical treatment, et cetera. You know, we can do this, you know, two communities collaborating together, and we can showcase it, obviously, on social media. You know, we've got a new blog coming out for the Nero foundation, you know, and there's a lot of ways we can, you know, work together outside of that. But we do have a lot of admiration for you as a leading project and also similar values and ethos. And in real life events, further spaces, marketing campaigns, as you mentioned, they're all on the table to work with.
Strengthening Community Relationships
The HTX team have been very supportive of us in these spaces, but also through the various campaigns we've done. So we're open to also doing, obviously, campaigns on HTX to further that relationship between the three of us, you know, as we move forward. Yeah, that's really great. I have to say that the similarities are very interesting to see how different change, but also the same mission, and then also there's very unique differences but also great similarities. So it's like very complimentary, and I didn't really think about that too much until I'm speaking to you now.
Reflecting on Achievements
But I do see that very concretely. And so it's really great to hear that the values are similar and also there's a lot of things behind the scenes that are the same. So I'm glad that you guys kind of met up and what we could do to collaborate because in crypto, I think it's all about being stronger together and being collaborative because that's what the ethos of crypto is. It's all about working together. So, yeah, thanks for answering that question. And also, I just want to remind people, we do have a campaign for Sundog and Euro CTO, people who are huddling, you guys are welcome to deposit on HTX.
Staking and Community Benefits
We do have some rewards to give, staking rewards. So you just go to the earn program and you can stake. I think it's like ten or 20%. It's a very limited time, so it's not forever. So I just want to mention that it's pinned to the jumbotron. I call it the jumbotron, but it's on top. Just go there and check it out. And again, it's not forever, so take advantage of it. Why? It's possible because once it runs out, it's done. But, yeah, so my next question was, it's almost, we're in the Q four, I think, so to speak.
Year-End Accomplishments
But it's been a long year. Anything you guys can share about what you've accomplished? I know you've talked a little bit about some of the market cap, but anything that you can talk about what you guys have accomplished so far in this year, and maybe any kind of ideas where you could think that did something that was really special. I know the sundog talked about the market cap, but I. We'll go back to you guys, and is there anything you want to share about what you've accomplished? That was really amazing.
Initial Launch and Technological Achievements
Yeah, I think for us, we came out of the gate so fast. I think it was then really important for us to establish ourselves not just as a meme, but as a tech based team. And so to launch the sunbot was something that we're really very proud of. You know, were able to launch that within the first two weeks of being live. And as a result, like anyone who was then stumbling across Tron as a chain and wanted to participate, but was, you know, perhaps a little unsure about how to go about it or, you know, which platforms to use.
Incorporating Community Tools
We then offered, like, a telegram, native bot, a bit like, I guess, for people who have been in the Solana ecosystem, the bonk bot is very similar in its approach. And what were really proud of when doing that was the ability to actually allow other people to explore and find other means as well in the ecosystem that they liked. One of the things we also did when we launched that bot is we created a buyback and burn system. So we effectively made a deflationary tactic for the sundog token.
Economic Strategies and Contributions
This is something we're really proud of, and if I can just explain that a little more. So, the way that the sunbot generates revenue is by taking a small transaction fee for every transaction that is carried out on the bottom. And what we did is we took 100% of that revenue. When people were purchasing sundog, I think over a month period, it was something like $800,000 worth. And we used that $800,000 to buy back sunbot and effectively burn it. So the value of the token was able to go up.
Commitment to Positive Actions
We're really proud of this, I think, for a number of reasons. But particularly, I think it's because it's really important to show when you come in and you have such a fast run that you have good intentions and that you're here to do good things on chain. And so we wanted to provide a product. We wanted to provide a deflationary method that could be used by others. And we have, in fact, partnered with two other TrON memes to offer them the same deflationary buyback and burn system.
Building a Strong Presence
And I think as a result of that, we've really cemented ourselves within the TroN community as not just the project with the highest market cap, like you say, but actually one that has the intention to build great things and to use the chain itself in the ecosystem to develop products and develop other use cases. And that is something that we're hugely passionate about, something that we want to do in the future. This isn't just about dropping memes and riding a coin and riding a wave. This is actually about saying, okay, well, there's something really interesting going on here with TroN.
Decentralized Finance and Community Engagement
It's also providing access to decentralized finance for people all over the world. Why shouldn't we have fun with memes and provide possible use cases for them to be able to use their token? We're considering those all of the time. We also have a staking mechanism that's live at the moment, where people can stake their sun dog for an amount of time and earn more over a month or three months, six months, or a year. And so, yeah, these things, we're very proud of them because we wanted to be taken seriously, and I think we've gone quite a way to do that, and we're looking to continue on that train.
Acknowledging Competition and Community
Yeah, thank you. Amazing stuff, by the way. Really good. We are also very new. I think we're just slightly older than Sandog, if I'm nothing mistaken, but really new. I think our accomplishment was that we kept our promise from the beginning to really try to redefine the word meme coin by focusing on the right things and doing things the right way for the right reasons. The.
Community Growth and Resilience
I think our success is really based on the idea of having built a very passionate community of holders and members around the token and grow it organically and essentially without rushing it or without artificially, sort of like inflating our metrics or something like that. And I think we've shown to the world that, you know, like a fairly distributed community managed token can not only survive, but also thrive against very, you know, rough odds.
Importance of Community in Crypto
And I really believe that our accomplishment so far at least, really supersedes the token itself. And that's really what I'm proud of. It's really that we've shown we've changed the paradigm when it comes to meme coins, possibly when it comes to crypto entirely. And what we've noticed is a huge uprising and emergent wave of new projects or older ones that are now gaining traction essentially solely based on our own success as a community managed token. I think that's really important for crypto, because crypto is about community and it is about a decentralized community.
Meme Coin Renaissance and Charity Events
And as we are spearheading this sort of, we call it meme coin renaissance, it's really great to see that this is actually something that may stick for the long run, and it could be something that can be used as an example for many, many future projects. And that's what I'm actually personally really proud of. And consider the biggest accomplishment, the second biggest accomplishment, and the only reason why it's second is because we haven't scaled it up yet. To the degree that we have aspirations for, is our charity events. We essentially starting with pretty much nothing. Even in the beginning, we had, other than paying for basic services, like a coinmarketcap listing or something, we allocated a huge proportion of our budget into charity. And the example that we wanted to set is that a community in crypto and a crypto meme coin, especially because it's something that doesn't have native utility, of course, can exist if really it has, like a social utility. Right? So charity is one of those social utilities. We decided really to give that direction to the community, to engage with charity for that reason. And now we've gotten to the point where essentially in the beginning, were only able to do, you know, maybe one charity every two weeks or something. Now we've gotten to the point where we might do two or three in real life events per week that are charitable. And this is only really just the beginning, of course, because we are now just scaling up recently.
Charity and Community Engagement
So I think we've also shown the pathway to that. And we've sort of established a meta of not only making sure that the project is community managed and it's fairly distributed, but also that it works for, you know, a social good and for the greater good. 100%. Like the charity aspect really is good and something that I think that goes along with the ethos of dogecoin, you know, I do good every day. Giving back is something that I think everyone can see as a positive utility and the community really does vibe with that, and it's great to see that to both projects. I also want to mention the Tron ecosystem. There was like some news today I thought was something that we could highlight because I know a lot of people may be like, how is Tron doing? What's going on with Tron? So Tron just came out, I pinned it to the jumbotron, says Trons Q three revenue hits, 577 million, surpassing bitcoin and ethereum. It's a 43% growth to the booming stablecoin activity. So if you guys are listening and you're like, oh, I don't want to like, bridge over to Tron or, you know, Tron's not going to be them. Have a lot of meme coins on it. I don't know. This is like a very big development and it just was pushed out.
Tron's Growth and Future Potential
Bye, coin Telegraph. So definitely check that out. So just wanted to share a little bit more about Tron and how it could be something that's really going to continue building on that change. So I think it's really great to see that develop. Yeah. If you don't mind me jumping in there. Like we were hugely enthused by what was going on Tron, which kind of, you know, really did lead to us choosing to launch on that chain. Some would say there was a little bit of a risk to that. You know, like that memes were really not a thing and there was no telling how that might have, you know, gone on, given the success that pump fun were having. You know, were sun pump always going to be able to replicate that success? We didn't know, but we just had this real feeling with, particularly around Justin sun, who is so vocal and so he's so readily available for the community, and that's something that were hugely impressed by. He's attended many of these spaces. He's often on the spaces that sunpump attend. He's having a lot of fun with the means and that kind of thing from a founder for us was just really exciting. Went a long way to us making the decision we did to launch the way we did.
Market Conditions and Future Plans
Yeah, it's funny that you say that because, like, I think it was a perfect. It's like, kind of reminds me when sun pump came out, you know, there was a huge dilution on pump. Fun. There was, like, a lot of memes, like thousands every day, and nothing was getting bonded out early. So when they send pump came out and he released the ecosystem, so to speak, and announced it was like the perfect storm. You know, you have some pump coming out and then pump fund kind of going down and being ultra diluted. Like, I think I saw, like, a metric that they were just having so many coins produced, but the market cap per coin was very little. So it's just like a. I call it, like, the perfect storm for, like, the meme. Meme coin ecosystem to be built on sunpump. So, yeah, I couldn't agree more. And that's. That stat is again pinned up there so you guys can check it out. So I guess I'll go forward to the future of crypto. You talked about Q like two and one.
Future of Crypto and Market Conditions
Let's go ahead and go to Q four. What's your plan for Q four? Given the market conditions right now, we have potential war. Who knows what's going to happen there? And everyone's bullish for October. I don't know if people are still calling it October, but I'm hoping. Are we still bullish? Yeah, that's. Are you still wolfish? What are you guys thinking for Q four? And what are you guys building in K four? If you can maybe tell me some alpha, that'd be great. Or whatever, you can share. Yeah, yeah. Do you mind if I go first on that one? Like, I think talking about things like October is. I don't know, I think it's foolish. I think we all know that the direction this is moving in, you know, but it's taking some time to get there. There are many world things that are happening across the world at the moment that are impacting the speed at which we're able to do. And that will continue to be the case where we live in these uncertain times. We're looking at wars, we're looking at presidential elections, we're looking at regulation and things like that from entities like the SEC.
Uncertain Times and Community Building
So we have to be very mindful of these things. And I think what we have to do is just learn that we cannot continue to rely what's going on outside of the ecosystem that we operate in. And actually what we have to do is do a better job of trying to push things along ourselves and build great communities so that when these better times do come around, we're there to capitalize. So what are we doing for the next quarter? Well, we are going to continue to be ever present in spaces and on the timeline. We want to continue to be kind of relevant in terms of the conversation that's happening. And we're going to make a real concerted effort to go out on a bit of a spaces roadshow, to be honest. But as well as that, we will continue to promote our sunbot, we will continue to promote the ecosystem more broadly. We will turn up in various spaces from an IRL perspective, we're launching merch, we're going to continue to build out our tech, and we're going to look to partner with amazing memes and projects, just like the guys here from Niro.
Preparedness for Future Opportunities
And really, it's about cementing our place on the timeline and in people's thoughts, so that when the good times come around, whenever they are, they don't need to be this month, they don't need to be this year, but when they come around, we're going to be ready. And there's an old adage that my grandfather used to use, which is, you have to stay ready so that you don't have to get ready. And that's what we intend to do. We stay ready. We continue to operate the way we do, with professionalism and with courtesy, by being gracious. And we are very grateful for the support that we've been given so far. And welcome people to come and join us, the community. I agree with what Sandog said. I think that I treat price discussions as memes. I think at any given time, there's at most like 55% confidence that anybody can have with regard to price prediction. That's why we don't really focus on it.
Focusing on Community Growth
And we just keep doing the things that are required to do, that we are required to do in order to further grow the community, regardless of what's going on. And we've had our fair share of little bear periods, I guess, you know, where we've consolidated that 80% deep or whatever similar. And our focus has only always been on the fundamental aspects of the project rather than the price. And we don't really, you know, do things in order to pump the price. We do things in order to increase the value of the project. And then I. We know that the price will eventually track that pretty much. And of course, it's also something that is not in our control. So we've always, you know, been focused, really, on growing, you know, the community members. We've been focused on growing the essentially improving the quality of the content, the quality of the conversations around Nero, we are focused on joining more spaces like this and more events and charity events and things of that nature.
Optimism for Future Months
So in that sense I foresee October, or Nile, I think is rectober. But anyway, October, November, December, any other month to be bullish because as long as we keep working, the project's value will increase. And that's regardless of whatever the price is doing. That's how I iterate it. And if anything, I think when the price is down, usually the developers or the contributors, they feel even more motivated to do things. And it's actually a funny little reverse psychology trick that I've noticed. Yeah. I mean, when things are going so great, there's like kind of like, you get lazy, I assume, and it just is like, why should I do anything? Everything is going so great. But when things aren't like going the great, as great as they usually are, then it's like, oh, what can we do to build something? How can we collab, how can we do more events, you know, just keep on pushing and collaborating with other ecosystems and whatnot.
Building Momentum in Challenging Times
So I kind of agree with you on that. Like when things aren't going so great, it's the time to show off and do things as fast as possible to continue what you're doing. And I think that it's hard to continue the momentum when things are all sunny, you know? So yeah, I couldn't agree with you more. Thanks for sharing that. So I guess someone hinted on this earlier in the conversation, but people want to know, you know, what's next. So my net, my next question, I'll leave it open. Whoever wants to answer this, we talked about more collaborations and like exciting partnerships in the future.
Community Engagement and Anticipation
Is there anything you guys can hint around? Is it going to happen tomorrow? It's going to happen next month, next year? Anything time wise you can share? You don't have to tell me what's going to happen, obviously, but anything that the community can look forward to happening, maybe in three months or so.
Initiating Conversations
Who's gonna go first? You can, it's fine. And I'll jump in after you. Look, this is a new relationship, one we're really excited to get involved in. First of all, like, you know, we wanted to announce it and we wanted to have this great conversation with you. I think we're then going to continue to have wonderful conversations and invite our communities to cross pollinate and the ways and means in which we do that. Some of them are under wraps, but I think both communities can expect to see some really exciting things coming out from where we are at. And I'll let the guys jump in if they want to.
Focus on Partnerships and Collaborations
Yeah. If they want to divulge on that anymore. Sure. I think the question was more in regard to partnerships in general. Is that correct? The host? Yeah. So it's not just about us. If you want to mention anything else, too, before I jump in. Okay, so thank you for correcting me there and. Yeah, absolutely. So one of the things that we're also working on is finding more partners from the Tron ecosystem itself who want to partner with us in terms of going onto the sunbot and having that buy back and burn system. Like, it's something that we've been trialing and piloting. We're really excited by it. And we would welcome anyone from within the Tron ecosystem who wants to explore that, to get in touch.
Upcoming Merchandise and Events
And then, yeah, we're looking forward to launching a range of merchandise in the coming weeks, which is going to be a lot of fun. We've got some more IRL events coming up, which are exciting. And, yeah, we will continue to work with other memes, other platforms as a means of growing the token in terms of value. Exactly what the guys here from Nero are just saying, actually focusing on how we add value to the token itself as opposed to simply the market cap. And so, yeah, that's really what we're focused on at the moment. Excellent answer.
Collaborative Efforts Going Forward
Yes. I'll just jump in there. So, yeah, just to reiterate what est touched upon, we're going to continue building regardless, you know, the friends that we've made, our current partners, such as Sundog, HTX, Binance, we will continue to work with them, you know, regularly. That's in real life, such as a cryptocurrency, binance arena, etcetera, you know, we'll be doing the in real life event. We're sponsoring, you know, various things and, you know, hosting events, too, obviously, when I do in real life charity events, to collaborate together. And that's something potentially we're going to explore with Sundog, if they're happy to do so.
Community Support and Loyalty
You know, we've had quite a few successful in real life events that we've fully planned. You know, what the community members have, food, medical treatment, all these kind of. So you can really capture the essence of the event and the community coming together. So we're looking forward to see how the, you know, the collaboration grows and evolves. Like I said, there's a real sense of loyalty with us. You know, people that were there with us at the beginning, such as HTX, we really want to support and work with going forward, whether that's through spaces or trading events that we could do together, maybe even in sundogs included, too, or other tokens that are also listed on the exchanges that we partner with down the line.
Partnership Announcements
For example, I believe Sundog is partnered with baby Doge. We're going to be announcing a partnership with Baby Doge today after this. You know, it's another dog token that is on binance smart chain, one of the leading tokens there for sure. So, you know, we've spoke to their team. See, there is similar motivation and ethos to work with them. There are other tokens that we are considering working with in the near future. Some of them are bigger than us, some of them are similar size, and some of them are smaller, if you're looking at market cap and volume, those kind of stats.
Future Collaborations and Values
But the one thing that we are looking for is obviously shared values and a common ground to work with. Regardless of the size of the token that is very important to us. We will continue the relationship with our market makers and people that are investors such as DWF and Gotbit, and work with them on spaces, obviously going to work with other connections that they have, too. We are speaking to a number of Dexs exchanges, payment solutions, merchandise, NFTs that we're going to do and charity work. So there is so many different discussions regarding collaboration and partnering that we have.
Future Events and Strategies
And there's potential, obviously, to work with Sundog in some capacity with some of them, and we can announce them at a further space in future, maybe. Or we can announce certainly in tweet, promotion, etcetera. There can be other events coming up between us, possibly in real life, too, like we touched upon. So there's a lot of scope, you know, we're going to turn up every day regardless of the price in action, which is what we've done so far. Like s mentioned, we've had some pretty big corrections.
Long-Term Focus and Community Engagement
You know, this, the dip in the market is temporary, long term. We know where we're going, you know, but there isn't a price target as such. But we can see you building the foundation, and the foundation's growth will be reflective of how much money that we have, you know, in the budget and how much money we are generating, you know, to fund the charitable events. So the growth in the charity and the growth in our giving will be a better reflection of the, you know, the actual size of the token, the natural market cap.
Strategic Direction and Future Initiatives
So we want to focus on that. And you'll be able to see when we do huge charity events in real life, and you'll be able to hear about us, you know, from those events that we're doing well. And it's going in a good direction because logically, it means the strategic reserve is, you know, flush with money to fund these because it isn't for free. You know, we've paid for this from the community funds. You know, we have strategies and ideas to generate revenue going forward, and one of them is obviously the NFTs that we're going to release.
Sustaining Structure and Future Partnerships
But there are other ideas, too. You know, this is to, you know, keep the structure and the funding of the foundation and the, you know, the charity going forward so we can sustain it. And, yeah, you know, obviously we're going to continue working with you guys, both of you. So, you know, I'm looking forward to the next spaces and, you know, the next announcements that we make together. Oh, that's really awesome.
Community Engagement and Connection
Great to hear. I think a lot of people are listening and maybe they want to partner with you guys or they want to learn more about you and ask some questions. I saw that on your website. You have telegram, and is that the best place to join your community? And how would you recommend if, let's say there's a project that's listening right now and they want to partner with you guys and they want to do some collab. What's the best way to get a hold of you?
Connecting with the Community
We'll turn it over to Sundog. Should they just send you a DM and your DM's open email you? What's the best way? Yeah, DM's are open. Telegram is a great place to come and vibe with the community. And we've got a lot of active moderators in there who would be able to point you in the right direction. And, hey, if you really want to get our attention, make an excellent meme and tag us and we'll play around with it. It's always fun to do that. Right? That's what we're all here to play with, so.
Regional Connections and Community Growth
Yeah, but we're pretty easy to get a hold of. Yeah, I mean, I would say the telegram is the best place and we'll be happy to speak to you and listen to your ideas and share our ideas. And we also have many regional groups as well for Niro, you know, in China, in Korea, in Turkey, many other places. So especially if you are part of a local community, that's gonna be even better.
Looking Ahead
I think we are big on having regional events and collaborations, so I think that's probably the best place to find us on telegram and in our regional groups. All right, you guys heard it first, so make sure to join their telegram, follow them on x, keep updated on all their developments, and, you know, make sure to drop some memes to have some fun. I have to give a thanks to our amazing guests for today, Nero, CTO and Sundog.
Gratitude and Future Opportunities
Thanks for taking time out to talk to our community. I look forward to, you know, October, whatever you want to call it. And let's do more of these events maybe later this year or start of next year. But thank you guys for your time. And I'll be dropping the means too, whenever you're ready. We'd love to do this again. It's a great show.
Closing Remarks
Thanks so much to the audience for listening in and appreciate you all. Thank you. Thank you. I echo 100% of what Sandog said. Thank you so much, guys. Awesome. Thank you for your time today. Great, great. Awesome.
Final Goodbye
All right, we're going to go ahead and wind down with some Avicii, play some tunes and we'll wind that out. And thank you guys again for joining. I'll see you guys next time. Bye bye. Stars running like. All right, guys, thanks again for joining. Make sure to check out our pinned post on X. It's a little bit of a giveaway. I forgot to mention that it's for world tourism day, but yeah, we introduce to win some tokens, something fun to do and keep going and I'll see you guys next time.
Final Thanks
Thanks again. Bye bye.
