I know this sounds ridiculous, but stick with me on this episode and you might just find out something kind of shocking what's up guys. Randall here did you know that, had you have invested a mere 25 hundred and forty one dollars in kusama a mere like seven months ago, you would have been a millionaire. Why didn't you do that what's wrong with you that's, like my favorite part of making these episodes what's up guys if you have been looking at what's going on today – and this is tomorrow because i'm filming it the day before so yesterday – kind of back to the Future but kusama is up huge 32 for the day, pretty much double the next highest crypto. Now for anyone who watches this channel, this is no surprise. I mean i've been talking about kusama since july, 4th 2020 for good reason, and i should say if you like this video, like it subscribe click, the notification bell helps out the channel so much now why kusama well, the biggest thing that i saw was just it Is like the easiest pattern to trade ever? It just follows this trend line to a t like i got in right here and i purchased right around right. There and the price went up a little bit and went down a little bit and then, when it came back up, i started selling selling, selling selling and selling, and then it came down and then i bought some more and then the price went up and sell.
Sell sell, sell and then it went way above there and i was like hey when it comes back here. We might find support, but we didn't and then the price came all the way back down until the bottom of the trend line when the price shot off. Again and look at this, even in the middle, the center of this trend line look at all this support and resistance, all this activity right there in the middle it's, like the easiest one to trade ever now. Why is it easy to trade? Because you can pretty much get it anywhere: finance okay, exchange bit hum kucoin everywhere, so kusama is available everywhere, but why is it so cool? Well? Because when a lot of people are distracted by polka dot, they don't realize that this is like polka dot on steroids. Okay, this could become the new polka dot like this could be the bitcoin to bitcoin cash. If polkadot is bitcoin cash, potentially we're gon na we're gon na go with that analogy. Okay, so, basically is polkadot's. Wild cousin, a canary network for polka dot, pretty much it's like a test net for polkadot, but let's see what they have to say: it's a scalable multi chain network for radical innovation, unprecedented interoperability and scalability for blockchain developers who want to quickly push the limits of What'S possible built using substrate with nearly the same code base. Wait. Let'S say that again, with nearly the same code base and industry leading multi chain infrastructure as kusama's cousin, polkadot, pretty much identical, but it's built for developers who want to quickly push the limits of what's possible.
The relationship between society and technology has deteriorated to the point where large entities routinely stretch and overstep their authority. Kusama is a network built as a risk taking fast moving canary in the coal mine for its cousin polkadot it's, a living platform built for change agents to take back control, spark innovation and disrupt the status quo. What more disruptive technology could you have than a fast moving version of polka dot? It could eclipse polka dot. It certainly could so totally not out of the realm of possibility. What is kusama it's, a scalable network of specialized blockchains built using substrate and nearly the same code base as polka dot? The network is an experimental development of developmental environment for teams who want to move fast and innovate on kusama or prepare for development on polka dot. Founded in 2019 by gavin wood, founder of polkadot and co, founder and former cto of ethereum, so basically anybody who participated in a dot got kusama for free and look at what the price is doing right now: 35 dollars and 12 cents. So let's take a look at kusama and see. Could 297 dollars and 61 cents of kusama actually make you a millionaire? Is this a real possibility so had you have purchased kusama back in march of 2020, when the market cap was first established, it would have been 1.42. Had you sold of september 2020 at the all time high, it was 55.69. You would have gained ' x.
Well, right now it's at 35 dollars, but that means that, had you have invested twenty five thousand dollars back in march in september, you would have had a million dollars. Oh, my goodness well let's say you didn't have that twenty five thousand dollars to invest in let's say perhaps you only have a thousand dollars to invest today. Well, could a thousand dollar investment in kusama make you a millionaire let's, take a look at that with a thousand dollars. You would be able to buy 28.5 kusama. Okay, now let's say that you know it does pretty close to as well as polka dot. Let'S just say guess: up into the top ten and let's say that the market cap only reaches a previous market cap back in 2017 that's, it 32.6 billion the average for the top 10 cryptos in terms of market cap. If that were to happen, kusama's price would be over three thousand eight hundred and fifty dollars for a hundred thousand dollars gain 110 x on your money. If it were to just make it into the top 10 and the market just went back to where it was in 2017., those are kind of just like meh, maybe but let's say that this fast paced canary network could actually eclipse poke it up because it's possible. I mean look at slow moving chains like cardano they're, just slow things, eclipse it polka dot, already eclipsed it. Why couldn't kusama eclipse polka dot, it could happen.
So if that were to happen, let's say a game. In second position based on last uh. Bull runs market 176 billion dollars. Well that would give us a 20 788 dollar kusama, making you over half a million dollars from your thousand dollar investment 592 exiting your money, but we're not done there. Folks, i mean let's say that this really becomes something big like let's say that this is fast paced i mean we're talking about gavin wood, former cto of ethereum, okay, this is like fast paced canary network fast development, fast moving could potentially outdo. Ethereum could potentially be the first trillion dollar cryptocurrency out there or could be one of the many trillion dollar cryptocurrencies in the upcoming bull run. Well, if that happens, what would happen with your money? Well, you would 3 367 x your money, making you 3.36 million dollars. Mind boggling and some token it wouldn't be worth thirty five dollars anymore. It would be worth a hundred and eighteen thousand dollars, oh my god, so if it did that and it's totally not outside the realm of possibility. Well then, in that case, a mere 297.61 investment in kusama today would make you a millionaire so guys, thank you for watching make sure you, like the video subscribe click.