What up? What up?
Good morning. Good morning GMG Wednesday love
Wednesday May 21st, 2025. Look at that another beautiful
day to have a beautiful day. I got my coast now Tyler don't
have some mando pop up. What's up?
How you doing today? I'm good, feel it feels electric
out there. The all time waiting room, it's
buzzing, people are piling in. Feels like we are getting close,
real close. It's yeah we are we are buzzing.
We are definitely buzzing. Sorry, for some reason my
browser keeps kicking my audio off today but I don't know why
or what or stuff. So if ever just some
discrepancies throughout the show just ping me but it should
be fine Mando. Woo.
Looking yellow today. Yeah, it keeps doing this.
I think your mic may be your your camera thing, but we'll fix
it later. What's up man?
How you doing can? You not hear me?
No, none of your stuff is connected.
I know I can hear you, but not from your mic.
I hear through your computer or maybe tap it it.
Says I'm connected. I can't hear for rope now.
Can you hear him, Tyler? Yeah, I can.
Well, he keeps going muted on his web app.
That's so weird. You can hear me though me and
you can have a conversation, right you?
Can. No and.
Then now folks meet it on the space.
Canada, WI. Fi data, Twitter Space works
totally fine. Twitter Space working fine, but
Studio isn't. There's a problem either with
your cable or with your browser. All right, he's going to refresh
and how you doing? I'm doing great.
How are you all time highs in the room with us right now It.
Feels like we're we're in, we are very close, very, very, very
close. And I don't know if it's today,
I don't know if it's tomorrow. Feels like it's going to happen.
I would be one second Tyler, can you Rd. cast just in case
because so the space can hear you.
Sorry, one second. I'll mute right now.
Yeah. Are we good?
This is insane. Like technology.
Yeah, but yeah. But yeah, but yeah, sorry.
I'm just going to OK now. OK, so you're going to Rd. that
way if I break mid show, you guys just keep going.
Clearly there's a problem somewhere on my side, but I
don't know what. What's up, y'all?
Are we going to hit this all time high or what?
Today or tomorrow? Feels that way we need.
Tomorrow for cloud points. We need it tomorrow.
So the show games cloud points Mando because Tyler's called
tomorrow and everybody else said like Friday, Saturday next week.
So we need we need tomorrow for for film, our cloud points.
But John D's. Who's John D's?
Is that a disease? When did Mando get John D's?
John 's? Oh, that's funny technology.
Right, let's fixed it. Yeah, you're good.
You're good, you're good, you're good.
Anyways, all right, look, OK, let's just just get right into
it, boys. Markets.
It's hot. We'll talk about it.
Tyler's top 100. I'm sure Tyler's got lots of
stuff to talk about, but we want to talk markets today.
Mando, I'm going to seek financial advice on the show
today. I'm I'm trigger friendly.
I want to like leverage long some fucking coins or something
and and leave I'm going to just hit sat on the long and I'm
going to go to New York and then and then he gave away yesterday.
I don't even want to talk about yesterday, but yesterday we gave
away $1600 to lucky winner could have left it $8000 but taking a
load Yeah and then that's what that means.
I watched too many of these this real I think over last week and
the last without these. This show is powered by π by
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Mando, we missed you yesterday for that for the market report.
Definitely want to hear what you've got to say today.
Who is the man back? Old daddy of the land?
Can you dig it? GM, everyone.
So we are having a little bit of a better day.
It's been, honestly, I look at my net wealth at different times
of the day and it is wildly different.
It's like up, down, up, down within an hour.
I went to the gym this morning and I was like, oh, it's been a
really good day. And then when I came back from
the gym, everything was down like 3 to 5% Like across the
board. Some of the altcoins were down
like 10% plus. I was like, I haven't in three
hours that that tells me that you can range trade this sort of
stuff on a daily basis. Like don't be afraid to lock in
profits because I'm telling you, you're going to get another shot
to buy Bitcoin at this level, ether, this level, Solana at
this level, fart coin at this level.
Like things are not just like straight up sending.
They're like sending and then sending right back down and then
sending right back up and then sending right back down.
So I yeah, protect yourself. I think you can you can really
trade, trade the ranges on this sort of stuff at the moment.
In terms of major headlines, we have we had some good news out
of Texas. Looks like the the vote there
for the Bitcoin reserve is heading towards the governor.
Still unclear if that will get pushed through, but we've seen a
couple of them fail at that final hurdle, but that is good
to see. We saw I, I guess, I guess the,
the, the main thing is really just been like Bitcoin
outperformance still like Bitcoin dominance staying very
high over this whole period, like keeping it 64% and everyone
kind of calling for altcoin season it it's definitely not
running away from Bitcoin, let's put it that way.
Like remains very strong each day.
And then we've had big inflows that since the ETS recently.
Part part of that is to do with the basis trade coming back a
little bit. So this whole like buy the ETF
short futures, you can, you can earn like I think it's 7 or 8%
now and that's enough risk free for a lot of people to do it.
So you're seeing big inflows into a bunch of different into
the ETFs at the moment, but a lot of that is, is the basis
trade on L ones, I guess hyper liquid continues to look
relatively good. There was some big inflows into
SUI yesterday, but nothing, again, nothing's really
outperforming. I'm performing Solana here
macro. We had a bit of a week a day
yesterday, first weekday in like 6 days, but stocks were barely
down. And gold is also kind of
basically unchanged. So not a lot that's going to
shift the market in terms of headlines.
It feels like today it's just, will Bitcoin hit an all time
high and or will it be like later this week?
I think that's kind of what everyone's everyone's waiting
for. But intraday volatility is
really picked up. It's really, really picked up.
Yeah, this is, this is not notice you said net wealth and
not net worth. I I want to get that's the kind
of rich I want to get in my life.
Look at the meme since then in the film, our chat and fucking
dying. Oh.
I love that. It's so funny, it's so good.
I mean, when are we, I mean guys like that, I mean, we have to
pull up the Bitcoin chart, right?
I feel like it's we have to start.
I mean, this show is a Bitcoin all time high weight room.
Essentially. It's just wonder if it's going
to happen in the morning. It either happens at like 10:00
AM or happens at like 10:00 PM, feeling there's this in between.
Oh, we've lost you. You've lost you again, brother.
You've you've got muted. Right.
Is he into his? James Wynn looks like he's
taking off. Part of his trade is his
whatever $400 million trade looks.
Like he's doing. Yeah, which I think is a good
sign. That was like the one thing I
was like, are we going to get, is he going to get swept in some
sort of candle here? And but yeah, he's taking it off
for like a few $1,000,000 of profit again.
So that was one thing that was like an overhang I guess for the
market. But I saw I've been doing that
this morning. That's good.
It seemed like there were a lot of folks who did not think we
would. Yeah, a lot of folks do not
think we would make all time high with with him keeping that
but 800 million levered long. I think at one stage this
morning it was close to that, yeah.
But then he's, I think he's, he's reduced it quite a lot over
the last hour, over the last few hours.
Is that a good thing? Because like I feel like he was
a little too leveraged on the market and there's like a
billion dollar OI on Bitcoin and was like 2 people making for all
of it and who went So it was the wall.
His wallet was funded by Alameda in 2022 and then he wrote the
pepper trade and made $10 million.
He called Pepe in like the 100 KS market cap and got in like 4
mil or something allegedly. And then as a whole threat.
And then he did a couple SUS things like pump and dump shit
coins on people and F&F chats or whatever in 2023 apparently all
this is allegedly. And then and then he he and then
he made a lot of money leverage trading and apparently now he's
just like going full all into this Bitcoin long.
So like, yeah. He's definitely making a lot of
money. I only became aware of him a few
months ago because he started making a lot of money on hyper
Liquid and he started making a lot of noise about it and then
he's just spun that up into even bigger and bigger trades.
I would say that you are not James Wynn.
Whoever is watching this do not think need to go.
What do you mean I'm not James Winn?
It is for the size when you see that.
Don't tell me who I am and who I'm not, Mando.
I'm. I'm a pussy.
I should have put on 10 times. I should have put on 30X times.
Like I'm telling you right now, the intraday volatility of
Bitcoin and altcoins in particular particular is really
picking up. So I don't think this is the
time. I actually think this is one of
the worst times to be clear, to start lever trading.
Lever trading should begin to stop as you approach all time
highs. That's that's my general sense,
because what that your sleep adjusted returns for lever
trading after an all time high like the weeks be like?
Yeah, it's the worst. It's honestly really good advice
because I I see more folks taking on that trade and like
ramping that, that leverage not 10X, not 20X20X.
That reminds me of one of my Co hosts.
I dabble. I don't have, I don't have any
levered lungs open. I have none open.
I've been itching but I'm not doing it.
For some reason. There's something in the Mando
that just stops me every time. I'm about like last time.
I almost did it the night before I almost did it.
I almost did it this morning right before the show and I've
been stopping myself because if for me, like if four coin is
beta to Bitcoin or you can argue doge, then I'd rather spot that.
And then for ETH, you know, you, you, you're very bullish ETH
man, though then instead of longing ETH, which you could
long at 3X and say, hey, that's a safe bet, right, Because it's
like liquidation is very low at 3X or 4X, right, But I rather
still have Pepe spot. And why is my my gains may be
diminished versus a long I will sleep better.
So it's not even about being scared because trust me y'all
like almost like more than half my liquid net worth is in far
coin. So I have balls of steel.
My net worth also, you know, is up and down absurd amounts of
money every day these days, but at least I sleep.
So I I put on some leather trays a while ago, right?
Yeah, no, you did that like before this week.
At like when Pepe for example, even before that, but in that
period before that was like this is not a bad time to put to put
them on Tepe was at nought point nought 9 or.
Whatever it was, a $3 billion, when you call it on the show,
it's much like a. 5560% if you put on A5 or 10X long then
that's a good trade you call. It here man though that's way
different. Right as Bitcoin now goes beyond
all time high, the volatility that you will see will be
absolutely insane. Well.
They're going to create the longs and the shorts, right?
Yeah, and that's how people lose it all.
Yeah, I mean, you don't have. At all time highs.
I made some great leverage long trays in Q4, but like I haven't
touched it since and like for some reason I have something in
me that just doesn't want to do it.
I'm just, I don't know. I just, I don't know.
I used to a lot. I like it like how Tyler does
it. Like he'll throw like small
amount for fun and fuck it but it's pure gambling right?
It's more just like a sports bet, almost like.
Yeah, exactly. Hit it big or you're just going
to lose that. It's like when I play blackjack,
it's like whatever, what do we think here boys?
When are we hitting it? Are we hitting it on the show?
Like what's the actual top take all time high?
Is it one O 9? Like it's one O 9.7 I think.
It's one O 9 like O20. Yeah, I see one O 95 here on
Binance, but maybe should I put up the four hour?
Yeah, top take here I see one O 9.
Yeah, top, top, top take on the four hour I see here 1O963.
What do you think? That's higher than I thought.
What do we think lads? I said, look, I'd be shocked if
you don't hear it this week. I do think today feels like an
obvious day. I think we may, we may touch
close to it. I see what I see.
Oh my God, the weekly little bull hammer on the weekly is
ridiculous. Boys.
This weekly is ridiculous. I don't understand how people
are bearish. Like I've looked at every chart
and I know I'm permable and you guys are used to me being a
permable. But like let's take even Seoul
right now, which hasn't been insane looks amazing.
Let's take Ethereum looks amazing.
Let's take Pepe looks amazing. Mug looks amazing, like wrecked
broke out, right? It did this 112 mil.
I mean insane. But see for me, Pepe and Marg
are here right now with Seoul as well, right?
And then wreck just like kind of telegraphed the move is wreck
the new leader market sentiment leader on either?
No, I was just saying, you know, I don't want to say so, but if
you look at Pepe and Mog, they're at this part of what
wrecked. Is that just dead right?
I think you're right, it looks like Pepe and Mog are ready for.
That even your launch coin looks fucking amazing Tyler and then
you look at I don't even have any like fart coin is just like
fart. Hang this in the loop.
What are we or even your that I've been looking at house coin
two eggs off the lows. It's doing amazing volume.
Obviously there's like a lot of people talking about it, even if
it's cobalt. I don't have any, but I like it
here like hype. I mean look at this like you
could take anything, even my fucking Sonic position.
That's been annoying the fuck out of me looks amazing, like
everything looks good. So what happens here?
You know what I mean? I've been calling it a powder
cake. Yeah, we just need Bitcoin to
go. Bitcoin to 110 lights the match
yeah, they want to see some some big.
So what Bitcoin to 112, let's say because Jeep sent us the
liquidation heat map, which is around a 112 and then what?
That's when Bitcoin dominance tops, and then the rest goes
because Bitcoin dominance did not top yet.
Clearly I. Don't know if I'm.
Worried Never bet on Bitcoin dominance topping.
Exactly, I agree with you Mando on that.
Like I don't see Bitcoin Dom topping here either.
You've been calling, you've been calling for 70% for a while and
I, I see it like I agree with you was it was 70% even.
Now though, I have ETH, ETH, you know, I have some ETH positions,
but like I'm not, I'm not in them for more than a few weeks
that way. Like, I just think that Bitcoin
is the thing to own. I just think that right now I
can see he's having a bit of a run.
Like that, That's just what I'm saying.
You know who had a great tweet about this trader Maine
yesterday? I'm going to find it.
But he was saying that every time is the same thing is you're
supposed to you find the pockets of time where you can over trade
Bitcoin out trade Bitcoin by the end of the day, Bitcoin always
is always king here. He gets he checks this.
It's a great tweet. Any time I I get angry reply
guys, I always check BTC price and remember that most people
are underexposed to the most important asset in this
industry. All underperform Bitcoin over
time. Your goal is to capture periods
of outperformance and then rotate back to Bitcoin.
It is just it is the best risk adjusted asset in the space.
Don't take your eye off the ball.
And I don't do this, but I think it's great advice and that I
should do it. So sounds like what you're kind
of saying here, man, though, yeah.
Yeah. Sounds like we need to do this
more. Oh, you got your Bitcoin hat on
too? This.
Is my yeah, this is my strategy. I just I I hold the my risk
positions fairly long to to try to get as much.
Better. I mean, I thought my puppets and
my pups were going to be my Bitcoin beta and I was doing a.
Tweet that the. Other day.
You know. My Bitcoin exposure is my is my.
Ruins and all nuts. I mean, we were saying this with
a straight face a year ago or a year and a half ago.
Bongo no bongo bongo on the. Straight face we were we.
Were we were you know, if if you know what if if I mean, all pops
has to do is rebrand as brand coins.
Yeah. Pops is a brand coin, right?
Right. Yeah.
OK thank you. What's funny is like runes are
not even catching a bit here. Like you look at the runes board
and like you know pups is up 20% but it's really back to the
level it was at like 5 weeks ago.
It's bad like. What are we doing here?
I can't even make the bad joke about pups goes UPS.
It's not even funny anymore, you know what I mean?
He's not even funny. Like Bungle always shares the
chart. And I love Bungle, that's why I
give him shit like he always shares this.
He goes oh look puppets are up 20% brother.
It's still point O 4 like it's been point O 4 for like a year
now, you know what I mean? I love my puppets.
Stop 16 of them can. You go back to can we go back to
Rex for a second? Yeah, let's talk about Rex.
Let me. Any news?
Any news?
I tweeted this out.
Where'd you tweet it? 500% on the month.
Like it's got to be one of the single best.
It has to be top performer. I mean we can go check here on
top. Is it on coin market?
Cap like the random micro cap shit coins that that randomly
pop and then go to 0. Like take those out.
Like what else is up 5X in the past?
So 30 days, why is it on a coin Market cap on coin echo top
performer. Maybe they filtered by like 1000
or something. Top 100 it's.
Not in the top 100. Oh, sorry.
Top 1000 here. Well, it's, yeah.
It's, oh, it's here, Yeah. There it is.
So. Oh, Mudang's up more.
Wow. Wow, that's oh wow.
Still though, it's it's up there with the likes of Mudang.
That's impressive, though. Launch Coin's a new launch.
So you guys, you can't even recount that.
So it's basically top five on the month in all of crypto?
Let's go 60 days. That's a trade that anyone could
have seen, actually. I'm sorry, I'm sorry.
No, in 60 days it's up more than Mudang.
It's. Not as up as much as tick going
though, so. The thing about OB OB, you know
where the next pivot is. I mean, he went from, he went
from the drinks to the AI to the drinks.
Now it's called brand Coin. You know, maybe if Obi shows a
little tit we'll get. You can see that the brilliance
behind Bitcoin is they they rotated the Bitcoin logo.
To to. Yeah, so.
Tits and then they they changed the B to AT Oh, that was enough
generate $50 million. That's genius.
We rotate the Wreck logo.
No turned I think logo in. I think we went to Wreck Girl.
Yeah, I could do that. I think he just needs to do the
Dick Wheeler tweets. You know, like generation.
Brother, brother. I have to say, though, that
playbook, that playbook is the greatest marketing stunt of this
cycle because the other day he got like 25 million views on
photo. And at the end of the day, he's
bringing it. He's Wheeling it right back in,
pun intended to, to to Fartcoin. I don't know who Deep Wheeler
is. I don't even want to know.
Like the dogs, whatever. I love the persona, the
character, but you've got to give it to him.
He's probably the number one Schiller of this cycle.
Yes. Like is there a better shield
than him this cycle besides Trump?
Trump is the all time winner, but is there a better Schiller
than than Deep Wheeler The cycle?
No. I mean, Falcoins been the
biggest winner of this cycle, right?
Yeah, you could say something came money on Mark did a good
job. Kimono Mog on SIM at some point
on with. Everyone's favorite favorite
Turkish. Turkish influencer Murad.
Oh, I thought you said you meant OSF because he's Turkish as
well, right? But no.
But yeah, it's kind of notable that like this wrecked run is
in. Like you have to say, it's been
driven by OSF being more loud about explaining the brand.
Explain the vision. Explain what they're.
Doing. He was always doing it, but it's
like hitting people over the head with, yes, it's important
in this space. People have the attention spans
of house flies. I mean, for what it's worth,
everybody should read this piece on brand coins that he wrote.
Like I know we by meaning it and Mando's right, it brings
attention to it. So people read it like, oh,
like, you know, I saw Mando's memes about the whole when you
call your Brett Coiner brand coin then, but like it's it's
true. Like it makes sense and from a
marketing perspective and you know, I love that shit.
Like it's genius. There's genius in what OB did.
And it shows you that it takes more than just working and that
that's the art of the the the deal almost in this industries.
It's so much more than just building a company and a brand.
You really have to be a good marketer because the marketing
is the other half of it. He could sell as many drinks as
he wants. Had he not been pushing like
this on social, it wouldn't have pump like that.
You know what I mean? And it's working.
He could go sell another 5 million cans.
They wouldn't have done this job.
It's like Luca, right? And that's, that's that
approach. And I think it's really good.
We've been talking about this a lot behind the scenes as well.
And like the moment we're out there, like we're going to start
being fucking a lot of shit, you know what I mean?
And it works. Good on him.
I like it. Yeah, it's been impressive to
see and I don't think the run is over by any means.
I don't think so as well. I mean, it's doing well.
What is it at 1:10? This is the great yesterday's
candle was ridiculous. Eh, It's one.
Of the bigger that I can remember.
It is I. Was sharing.
Rumors the exchanges and and OTC desks were running out of
wrecked that was. Oh TDI heard No I hear there's
40 wrecked left on OTC in OTC desks.
There are there are a lot of there were a lot of rumors that
Q coin had been taken short wrecked and was failing to
satiate withdrawals. And that was what?
Yeah, I'm OK. I hear that hearing there's only
40 wreck left in OTC. That's Speaking of wrecked.
The code today, raffle ball dot XYZ is pump, PUMP, you know, you
got to respect the pump no matter what, whether you're
sideline or not or inline, you got to respect the pump.
So raffle ball dot XYZ if you want to make some money, you
know, use the word pop and you'll be able to come join us
on stage of the show and and when Anyways, enough market
talk, though. That's all there's to talk about
right now. We love it.
But let's let's get some little dose of news with Tyler and see
what he's got for us. NFT and crypto analysis.
Tyler T on FOMO our calls the kids.
Can yeah folks crypto majors up two to 3% as Bitcoin makes a run
at all time high tapped one O 8K briefly overnight hanging out at
one O 7 four live right now. We saw pie at 12% set and uni of
9% leading alts so big news out Solano slon developers have
proposed the next upgrade. It's called alpenglow and it's
all about speed. It's seeking to overhaul the
blockchain consensus mechanism to decrease finalization time
from nearly 13 seconds to as little 0.1.
So A100X improvement in speed. So that's going to be a big one
to monitor. Bernstein now calling for
$200,000 Bitcoin price by end of 2025 signing the new
institutional era as driving force.
Texas passed its Bitcoin strategic bill reserve bill
through its house. This one will allow their state
treasury to accumulate digital assets over 500 billion.
Right now, only Bitcoin Mayor Eric Adams Over in New York, he
announced plans to create a crypto Advisory Council to boost
jobs and investment as he looks to make New York City the
capital of the crypto industry. Vivec, this is big Vivec's
strive. They're now going after those
Mount Gox claims. They're aiming to acquire 75,000
Bitcoin, around $8 billion worth directly via those creditors.
So that would be a very large acquisition in Blackstone, a a
trillion dollar asset manager disclosed a $1 million Bitcoin
position. I think the first time they've
disclosed that in token AirDrop and protocol news.
See, I believe that found out Ben Pashnak, he teased the new
API. It's going to allow builders to
do programmatic burns of their app tokens and for the believed
team to do so as well. Cookie doubt launched its own
info 5 product. You probably saw this on your
timeline going viral rivaling Kaido and they're using an
invite only gating system to start Kaido shaking it off
though Kaido left 20 percent to 220 after founders knew who
teased big revenue for Q2 and a new time weighted loyalty
system. Mando mentioned this Sui LED all
blockchains and stablecoin inflows.
I think 150 million in new deposits OSF.
He shared the the vision for RECT as a brand coin led to a
25% rally and breaking news this morning, Solana mobile announced
an SKR token. So a new token coming in the mix
in the salon ecosystem. I think that caught some folks
off guard in AI market cap up 2% wrecked.
Now the third top mover in on the AI board and also up there
in mindshare. Cookie jumped up in mindshare as
well with its launch. Let's see.
And memes. Memes were green up about 3 to
10%. Pepe was up a lot.
Trump was up a lot as well. Launch Coin Holding Steady,
Glimpse prompt and RIP BC with some of the top movers over
there. And then the NFTS couple finds
out the pudgy Penguins. The Pudgy Penguins partner with
Random House Kids to do a a children's book, The worst
birthday present ever. They also launched a Telegraph
game, so those Penguins keep cooking as well.
So that's not this cookie thing. First of all man do I got a code
for you, so you should totally join it.
It's quacks and but it's not quacks.
They're called snaps now. And yaps and snaps and quacks,
you know? I already joined.
I joined today. Damn it and and I have a
question on that. So if Kaido's at 2.2 billion and
then they also have their a XBT like bought AI as well.
All right, Cookie Tyler, I don't know if you saw they've got
their own like a XBT style guy on Twitter and they have been
aggregating a lot of data for a while.
And is cookie listed on Coinbase?
I'm pretty sure it is no on. Binance.
And and Coinbase no. I don't know the answer.
To that, can someone confirm that for me in the audience?
Because I, I think I saw something about Cookie.
So anyways, you said Binance, but I, I, I think it's got
Coinbase because it, that's how it went to 600 million before.
Is that a trick or trade just off the back of all those
things? I was looking at $100 million
and you could have said, yeah, but yesterday was the time, but
it only went from 80 to 100. So I don't care.
That's like nothing like, is that a good trade here, boys?
Like this thing went to $650 million?
I think a lot of people are thinking that exact same
question here this morning. Like I woke up and it's the
first thing I thought about when in terms of trade.
When you look at the the comp to kind of like it looks cheap,
right, And I do know a little bit about this.
So I was messaging with Sammy dot E like Sammy was an advisor
with yes, back in the AI met. He was kind of tell me a little
bit about their business. So data infrastructure has been
their core value prop. They have a lot of initiatives
they've been working on and they also do B2B analytics.
So so they've been delivering data to other businesses via
APIs and inference and they've got some custom analytics
offerings as well. So there is a real business tied
to this. It's not just a dashboard.
I thought it was just like a dashboard product, to be honest,
when I was first introduced to Cookie.
So there's, there's a lot more behind all of this and it's it's
starting to kind of get out a little bit of what Kaido charges
teams. And I mean, Cookie has an
opportunity to come in and kind of take some of that margin,
right, Perhaps offer a little bit cheaper.
They can pretty much run out the same services.
Yeah, actually undercut Kaido. I mean, it's about to happen.
You can't have Kaido $2.2 billion and nobody tried to eat
the lunch. That's the thing that happens
with info and creators economy all the time.
By the way guys like it's raises to 0.
Well, I don't know and I have not had a chance to look at the
cookie tokenomics. I think I saw someone talking
about big unlocks happening soon so I would want.
To is there OK aware? Of that.
And how do you know, like there's someone they're not
profitable though, right? You know, they're not yet.
But yeah, you're right. I don't know.
I'm just asking. I didn't take a position.
I don't, I don't know. I just saw media partner being
crypto. If the founders want to hit me
up I can replace that decrypt or something.
Not me doing this live on there. How much would so market cap?
So like 50% circulating roughly according to when?
Market, we should get the founders on because it's like
relevant and they've been cooking.
Yeah, very, very interesting discussion.
See, it's 106. Someone's listening right now.
I don't know, dude. Like if this whole AI meta
believe app shit, fucking all this stuff is cooking.
Like I'm just looking at this and I'm like, there's this huge
Wick to fill and I'm that's how I'm looking at it.
I'm not looking at it from like a technical perspective as much
as that, you know what I mean? I almost opened a trade on this
morning. I I but I did not disclosure
but. It's also it's an Ethereum coin,
Ethereum going up. Like I don't know, what do you
think, Michael? Like you think this is like a
viable trade. It's also not insane amount of
volume, but I don't know. Some of these sort of ones like
I think Kaito has got like a pretty dominant position and
Cookie could, but Cookie could could catch up.
I think that it being like a free version that's good for
users, it's not necessarily good for the token, so.
I this is true a. Bit more wary of like, oh, well,
that's worth that and that's worth that.
One of them is Kaiser is definitely making revenue.
So yeah. We've got to work out this is
true, but it's like worth 5% of Kaido right now, right?
Yeah. How much is Kaido making via its
subscription products versus its going after businesses to run
these campaigns? I would guess that the latter is
a huge. Chunk, I think Kaido makes most
of its money from the businesses like the 100 something K that
people pay for. That's what cookie would go
after, right? I think it's a lot from its AI
business as well though. I don't know.
What if, Yeah, no, it's true. I mean, it's too early to see,
but like if someone offers a free version that's similar to
it, then that's where it's going to start taking away from it.
But even then it would have to take a long time.
So it's not going to happen tonight.
Run these businesses. It does.
It does basically pay for the Twitter API.
It does and then you have to, but it's not it.
I think it's going to be expensive to consider not having
charges for this over a medium term.
Yeah, that makes sense. I I do think it's listed on
Coinbase by the way. I don't have a Coinbase account
but I'm pretty sure it is. You know who wins here is
yappers, right? I mean, you have to assume
there's going to be some incentives tokens coming either
from Cookie and or some of its partners.
I mean, they're just all going to fight each other and from my
chair now between each other, the info fights.
I think for cookie I've been thinking about this right?
It's like how it's hard to displace the incumbent and Kaido
has a huge lead, ton of mine chair and a lot of a lot of
loyalty. How is Cookie going to really
eat into that? I think they have to give out
rewards soon. I don't know.
They can just like dangle a carrot and say like, Oh yeah,
you're earning snaps. I don't think people are going
to be super interested in earning snaps for 1/4.
I'm just still trying to figure out about my quacks.
We're earning, we're earning quacks.
What does it mean though? What does it mean?
What's our quacks worth now? All this info fight stuff here,
Let's check. Well, we hope our quacks will
turn into quack tokens and those tokens will be valued more than.
Oh my God, wow. I am like up there.
I'm quack down. I'm 20th.
Look at that. Wow.
What's this E? Quacks bro, you used my code.
I know you did. Where's Mando at?
We're out here quacking. Mando, we need to quacking more
dude. God damn.
It oh really? Sorry, where am I?
Where's I'm surprised Deez even is 42nd I wonder every one of
these platforms have the different metrics right?
Yeah, that's also something interesting.
I was looking at who are the CT leaders on Cookie and it seems
much more heavily weighted on just pure reach.
So like Mario, Nall falls up there.
I mean, he does get a fucked ton of reach though.
Yeah, Sailor. Oh wow.
We're not anywhere close, lads. Yeah, we're nowhere actually.
Interesting. So it's a little steeper.
Interesting. Let's go year to date here.
To date, Wally's number one. Damn.
That's wild. On Sam CZ Mario Sweep.
CZ like Dave Portnoy, Michael Saylor it's like Wally's got
bigger reach than Portnoy's. Sailor and Mario N all I got.
Oh, look at this. I'm right there.
I I can get with that. OK, this is the right cookie dot
fun is definitely the one because I'm top 20.
That's it definitely the one. I can I can confirm that cookie
dot fun is is the is the source of truth.
How about that? Because yeah, there you go.
There you go. I have 11,000 smart followers as
well in there and Tyler lives in my head rent free.
Where's Mando in there? There he is ranked thirteen.
He's 13th in my mind. Look at that.
Let's see Mando's bubbles. Where's Mando at?
Oh, wow. Look at that.
It's always me and the biggest bubble in Mando's world.
Look at that. So cute.
Tyler's right there too. Look at that.
I love that this is the top 20. Look at the size of me.
I love that that guy. 'S up there.
Look at that. Well, well up there.
And Mando's mine. What about Tyler's?
Let's see Tyler's. Hold on.
See Tyler's mine. Let's turn it to oh wow, turn it
top 20. Look at that.
Anyways, so that's the info.
Fine news. What else is there, Tyler?
I thought the, I thought the Strive story with Vivek was very
interesting. So they're looking to acquire
75,000 Bitcoin, you know, around $8 billion from Vivek.
Like the Vivek, Vivek, the Vivek.
Vivek Ramaswamy, so he, he's now I got this Bitcoin acquisition
company and they are going instead of just buying on the
open market, they're trying to buy at a discount via Mount Cox
creditors. So they are going direct
effectively to people who have claims and those claims are
expected to start being paid out October 31st of this year.
So they're going to have to move fairly quick on this.
But I looked into it basically like they're going through this
process, they're identifying all these claims, they're partnering
with this 117 Castell Advisory group to do it.
They're negotiating and purchasing directly with these
creditors and they'll operationalize the transfer of
claims and then get the receipt for the Bitcoin.
And they're trying to do this at at massive scale.
I think this is one of the the first operations that I've seen
who's actually trying to acquire at a discount, which smart
versus just buying on the open market.
So we'll see how much of this they're they're able to pull
off, but certainly a very lofty goal.
And then now another huge player.
I mean, if they are 8 billion, I think they would have to be.
That would put them in top three I'd have.
To yeah, I need. #2. Indeed, Bitcoin is doing this
thing right now and it's tingling my balls.
We're at like almost a one O 8 again.
Wow, everybody running back up. It's the hat.
Propaganda department. It's the propaganda is working.
Propaganda department is working overtime, you know, so that's
interesting. It looks like everyone is buying
Bitcoin. Everyone's buying Bitcoin.
Are they going to start buying Solana after this new upgrade?
So this news salon developers introduced a major consensus
overhaul dubbed Alpenglow. The goal is to reduce
confirmation times from 12 to 13 seconds down to 0.1 greater than
A100X speed improvement. This is also going to shift them
from their current proof of history cadence to a faster
paralyzed system. As for timing, test net
anticipated in the coming months.
Main net roll out expected later this year, so it is a 2025 goal
here. Some of their contributors are
calling it one of the most exciting improvements since
their main net launch, massively improving UX plus false apps and
D5. I think the big thing here is,
is why it matters and what it potentially unlocks.
So in theory, this opens the door for new categories of apps,
real time games, really fast D5 user experiences that we don't
even really have yet. And it enables them to compete
more with Web 2 infrastructure, which I think is clear.
What an area that Solana continues to go after.
I thought they had a very apartment tweet from the Solana
account. It said accelerate summary so
far faster and it's a good goal. I think it's it's a good
continue going after. So I think that's going to be a
potential big narrative on the on the horizon to watch for Soul
as well. Dude.
It's Solana's week right now. I know avalanche try to take it
away from them in London. You know Solana accelerate baby
and there's there's some news moon pay was saying they got
news coming up for Solana today. I think other companies have
some news coming for them. The conference has started.
I'm going to be there Thursday so I'll report to you guys on
Friday morning on that. But it's a big one, like
honestly. So we'll see.
Solana's looking good here. Back to 170.
Solana's looking good here, even
if Mendels broke his relationship with Solana Do.
You think Solana goes to all time high?
Yeah, Bitcoin goes to. Yeah.
Where does Bitcoin need to go for Solana go to all time I I
think it's got to go higher than 1/21/50.
Does it though like at some point like where do you guys
think? I mean, I actually like, we
don't even know where Bitcoin's going to top here, if it ever
tops. There is no top.
I love you. Fuck this is bad.
I don't know man. Do you think song goes to all
time high? I think it does.
I think song goes to like three 5400.
So I think it's longest. Yeah.
Yeah, it could. It could.
Look at like solely's, you know. I.
I'm not as bullish on L ones in general, I'm more bullish on the
memes and Bitcoin. But I don't I don't blame you.
Actually, I think Bitcoin memes bar about like I'm I'm literally
about to go full memes, like I'm not even kidding, but not like
memes like micro caps, like I'm just talking like Pepe mog right
far coin. That's it.
Nothing I've even said like I think ether is a trade.
I think it's a trade in that it's, I like trades where it
feels under owned and if it moves it can really, really gap
in. That's what I think about.
I don't get that feeling with many of the other L ones here
so. How much percentage does ETH
need to all time high and how much percentage does Solana need
to all time high? Let's do that.
So ETH all time high is what 48? So it needs 91% move here.
So it's like a 2X to all time high about that.
So 90% move and Solana needs a Solani but that has a 73% move
it. Was more it's so that's
surprised. If you look at market cap, I
forgot about those unlocks. It's it's much less in market.
Cap Oh wow One O 8 boys. One O 8 boys Wow dude is this
about to happen right now? One O 8 one.
Is this about to happen, boys? Or 1 1/2 percent away.
Is this about to happen? Like can it please happen on the
show before it ends? That'd be something.
Who do you think for the Europa League tonight?
Faruq. Manchester United.
Yeah. But I do.
They're both trash. It's like seeing like Dumb and
Dumber play football. Yeah, it's like Tottenham and
Man United. Like Man United had their worst
season in the history of their EPL, right?
Oh yeah, they have been relegated before Man United.
Yeah, but I think I heard it's like one of the worst, like,
man, you know, standings, what are they like, almost last,
right? Yeah.
Look, it's those two. It's Man United and Tottenham.
It's so funny, right? It's today I think Man United,
because Man United is the only undefeated team in Europe this
season. In the European like games, like
in a way, yeah, Yeah, not in like their league.
What do you think, Tyler? I don't know anything about
this. Just pick a team based on the
vibe. Oh, Man United.
OK, there you go. So we're going to have to, I'm
going to bet my United should go do that now, right.
Are you guys opening your sports book or what?
Soon, soon, man. Come on dude.
I've been deep in the NBA playoffs.
Yeah, How's that going? I heard it's like wild.
Well, round one was very entertaining and then there was
a lot of blowouts in in round two.
A couple good series. You know I'm going to go bet
right now we're. In the conference finals right
now, so there's four teams left, and then my hometown of
Indianapolis, Pacers are in the finals again.
It's the first time in quite some time.
Yeah, NHL has been insane to hockey.
Toronto got blown out by by by Panthers and just they're just
like Florida's like again in the finals for the fourth year in a
row Eastern finals. It's so insane the.
Knicks are playing tonight, you know.
Yeah, Knicks, yo. Honestly, I would love for the
Knicks to win. Like it's, it's just such a fun
story. I love that.
I'm not going to watch that. Actively rooting against that
outcome. Why?
Because you're Yeah, You don't like them?
Who's your team? Oh, the Bulls.
But I still get I still get to root for the hometown team I
grew up. I lived there for 20 or for 18
years. Where?
Indianapolis. That's where I was born and
raised. I was there for V con once.
Small a lot of fried food. I that's that's my my memory of
Indianapolis is fried food and these smoking out Snoop Dogg son
and like Snoop Dogg like champ couldn't even speak after that.
It's like these just smoked them out and that was like all time.
So he walked in. We had this like huge we that's
where the our house was born. So we rented this like Airbnb
for thread guy G man and logs. And then we like every night
like 50-60 people showed up. I'm not even kidding.
And Dees, Remember when Dees used to run a lab?
Like fucking like with the resin?
He used to. He used to travel with a mini
fridge. OK, so he ran his lab and then
he would make people dab up and champ walks in.
OK, dabs him up, takes a dab, gets up, leaves the apartment.
We never see him again. True story.
I swear to God I'm my Mama. Like it's the most insane story
I've ever seen. So that was back in the days
when these just smoke weed are. You seeing this action?
Yeah, Bitcoin's gone for it, boys.