1 00:00:00,360 --> 00:00:06,760 Yo-yo yo what up, what up? Good morning, good morning GMG. 2 00:00:09,560 --> 00:00:13,520 Oh my Lord, look at this market baby, you'd love to see it. 3 00:00:13,920 --> 00:00:17,600 Tuesday I thought Yesterday, Tuesday, Tuesday October 8th 4 00:00:17,960 --> 00:00:23,600 2024444 Look at that another beautiful day to have a 5 00:00:23,600 --> 00:00:26,640 beautiful day. I got my Co host in the house, 6 00:00:27,080 --> 00:00:29,320 Tyler Mando. How you guys doing today? 7 00:00:29,320 --> 00:00:32,720 Good morning. I'm doing great man, how are 8 00:00:32,720 --> 00:00:36,040 you? Good day to be a mean coin dev. 9 00:00:37,880 --> 00:00:41,960 Fine, it is a good to be a mean coin dev for you, huh? 10 00:00:42,040 --> 00:00:46,240 You had you had 76% in the last 24 hours. 11 00:00:46,240 --> 00:00:48,880 Mando, you this, this man's having a good day. 12 00:00:51,600 --> 00:00:54,240 Oh my love. Yeah, definitely, people. 13 00:00:54,520 --> 00:00:56,040 Like the gaming narrative, it seems. 14 00:00:56,520 --> 00:01:00,760 Hey, gaming NFTS, gaming meme coins. 15 00:01:02,680 --> 00:01:06,800 Anyways, Tyler, how you doing? Oh, we got the Maraudery RT. 16 00:01:06,800 --> 00:01:08,720 There he is. You know he's let's go. 17 00:01:09,080 --> 00:01:10,720 Oh, there you go. I was getting worried here. 18 00:01:10,720 --> 00:01:13,160 I didn't get any answers by Maraud this morning. 19 00:01:13,200 --> 00:01:14,800 I was like, oh man. But you know what? 20 00:01:14,800 --> 00:01:17,720 He is a man of his words and you know definitely is and we've 21 00:01:17,720 --> 00:01:19,080 seen that on where there's meme coins. 22 00:01:19,080 --> 00:01:20,240 We'll talk about that later on the show. 23 00:01:20,240 --> 00:01:22,280 Tyler. I mean Tyler, this is your 24 00:01:22,280 --> 00:01:26,360 Olympics today must be fucking. I mean you are a Murad stand you 25 00:01:26,360 --> 00:01:30,160 like you are like what Taylor Swift is to like teenage girls 26 00:01:30,360 --> 00:01:32,200 feel like this is your moment with Murad right now. 27 00:01:32,200 --> 00:01:34,920 Like it how you doing? It's big, big morning. 28 00:01:35,040 --> 00:01:37,240 Yeah. I'm excited to talk to to King 29 00:01:37,240 --> 00:01:40,880 Murad here. He's a little nervous when we 30 00:01:40,880 --> 00:01:42,360 don't know. He may not have read the 31 00:01:42,360 --> 00:01:48,080 messages, but. I, I, I, I went from Trump Cuban 32 00:01:48,400 --> 00:01:51,600 to Murad. I mean, we are we. 33 00:01:51,960 --> 00:01:54,040 The boys in the churches think this is the biggest 1 yet. 34 00:01:54,320 --> 00:01:57,320 The boys yeah the the red guy discord and seemingly your 35 00:01:57,320 --> 00:02:00,440 trenches Tyler were saying the same things you know that both 36 00:02:00,440 --> 00:02:03,160 of them were talking about how this is a this is a level up 37 00:02:03,880 --> 00:02:06,840 from that but anyways, we'll get to that in a little bit Let me 38 00:02:06,840 --> 00:02:08,120 pin the Twitter spaces to the top. 39 00:02:08,120 --> 00:02:09,720 We're posting also the video stream. 40 00:02:09,720 --> 00:02:11,960 So for those of you who are new to the show, because you 41 00:02:11,960 --> 00:02:15,120 probably came because of Maraud, we broadcast four more hour 42 00:02:15,160 --> 00:02:18,000 Monday to Friday, 10:00 AM Eastern Time on audio and video. 43 00:02:18,000 --> 00:02:20,120 And Maraud is joining us in the studio directly. 44 00:02:20,680 --> 00:02:22,400 It's already on Mando's account. You can find it there. 45 00:02:22,400 --> 00:02:23,920 I'm about to post it myself, Tyler too. 46 00:02:23,920 --> 00:02:27,880 But we put we, we stream the video broadcast to the masses 47 00:02:28,640 --> 00:02:30,800 everywhere because we fucking love to see that. 48 00:02:30,800 --> 00:02:33,680 So let me get Mando up here and let's get this part set up. 49 00:02:33,680 --> 00:02:36,800 Anyways, so the show today, today as usual, we'll go through 50 00:02:36,800 --> 00:02:38,440 market reports, this different show. 51 00:02:38,440 --> 00:02:41,200 So we'll do market report quickly with Mando and then 52 00:02:41,200 --> 00:02:43,080 we're going to go towards Tyler's top 100. 53 00:02:43,080 --> 00:02:47,960 So Tyler will run us through his through his his topics of the 54 00:02:47,960 --> 00:02:50,680 day. And then I mean, given that 55 00:02:50,680 --> 00:02:52,480 Maraud is here, we're just going to go right into a Maraud 56 00:02:53,360 --> 00:02:55,920 interview. So in about not even 10 minutes 57 00:02:55,920 --> 00:02:58,080 from now, we're probably just going to get right into a Maraud 58 00:02:58,080 --> 00:02:59,480 interview and then we'll go with him. 59 00:02:59,480 --> 00:03:01,680 Yeah, no one. No one wants to listen to us at 60 00:03:01,680 --> 00:03:03,160 this stage, Yeah. No one wants to listen to us. 61 00:03:03,200 --> 00:03:04,840 We'll just do market, Tyler. Just want to see if I can 62 00:03:04,840 --> 00:03:07,240 convince Maraud to buy Epic. That's basically what this. 63 00:03:08,440 --> 00:03:11,280 You you have one job. It's a primary objective mando. 64 00:03:11,360 --> 00:03:15,520 You have one job today and it is to to to show Murat so. 65 00:03:15,760 --> 00:03:17,400 Born for these sort of days, man. 66 00:03:18,160 --> 00:03:19,480 You're born for these sort of days. 67 00:03:19,480 --> 00:03:21,240 Actually, I'm adding Murat to the stage right now. 68 00:03:21,720 --> 00:03:23,680 Yo, Murat, just so you know, I know you just joined us on 69 00:03:23,680 --> 00:03:26,080 stage. I sent you a, I sent you the 70 00:03:26,080 --> 00:03:27,960 stream yard links and everything, but you got time. 71 00:03:27,960 --> 00:03:30,320 We're going through some market stuff and then get going at the 72 00:03:30,320 --> 00:03:32,000 end of the show. If you hang tight, we'll get the 73 00:03:32,000 --> 00:03:34,960 robit load box spins. And I stacked it with miladies. 74 00:03:35,400 --> 00:03:38,560 I went on this morning. I accidentally deleted the old 75 00:03:38,560 --> 00:03:41,200 loot box boys. I'm sorry, the one where we give 76 00:03:41,200 --> 00:03:44,720 away on nearly $1,000,000. And then I added about like 30 77 00:03:44,720 --> 00:03:46,480 miladies in there. So there's a chance that you win 78 00:03:46,480 --> 00:03:49,320 a milady for being on the show today. 79 00:03:49,320 --> 00:03:52,320 But anyways, anyways, I see Murat in the store right now. 80 00:03:52,480 --> 00:03:55,400 Mando, I'm going to run to you real quick for market, then 81 00:03:55,400 --> 00:04:07,240 we'll get to that. Can you dig it? 82 00:04:08,440 --> 00:04:10,760 Yeah, GM everyone. So we had a little bit of a sell 83 00:04:10,760 --> 00:04:14,760 off actually kind of in the morning time. 2 main things 84 00:04:14,760 --> 00:04:16,959 around that. Firstly was the China stimulus. 85 00:04:17,480 --> 00:04:20,120 It's slightly disappointed by slightly, I mean it's it 86 00:04:20,120 --> 00:04:21,920 disappointed a lot. There was there was meant to be 87 00:04:21,920 --> 00:04:25,040 another round of stimulus that was going to come out on the 88 00:04:25,040 --> 00:04:31,400 fiscal side this morning that came in probably around 10% or 89 00:04:31,400 --> 00:04:33,120 5% of what people thought it was going to be. 90 00:04:33,480 --> 00:04:36,760 That being said, China has the knack of like just announcing a 91 00:04:36,760 --> 00:04:38,280 new stimulus measure every single week. 92 00:04:38,280 --> 00:04:40,920 So I would be unsurprised if this is going to be a staggered 93 00:04:40,920 --> 00:04:42,640 stimulus measure that you're going to see more and more of. 94 00:04:42,880 --> 00:04:45,040 China has no way out of its problems right now apart from 95 00:04:45,040 --> 00:04:47,840 QE, so and potentially some fiscal stuff as well. 96 00:04:47,840 --> 00:04:50,680 But I think QE is the main 1. So this is not the end of China 97 00:04:50,680 --> 00:04:52,680 QE. This is just China stocks, 98 00:04:52,680 --> 00:04:58,280 stocks being up 25 to 50% and one slight piece of bad news 99 00:04:58,640 --> 00:05:00,320 took them back from being overbought. 100 00:05:00,720 --> 00:05:03,640 So that that took us a little bit lower and macro you've also 101 00:05:03,640 --> 00:05:08,440 seen a bit more strength again in the dollar which has and in 102 00:05:08,440 --> 00:05:11,600 bond yields, which has meant that some of these assets like 103 00:05:11,600 --> 00:05:14,480 gold Bitcoin have repriced a little bit lower. 104 00:05:14,880 --> 00:05:18,720 And then you had the second bit of information was was some 105 00:05:18,880 --> 00:05:22,560 reports it was late last night that Iran had been attacked at 106 00:05:22,560 --> 00:05:24,800 least in the town which is close to its nuclear facility. 107 00:05:25,080 --> 00:05:28,080 That ended up not really being confirmed and kind of bounced 108 00:05:28,080 --> 00:05:29,480 back. But that did kind of tell you 109 00:05:29,480 --> 00:05:31,080 that we do see small headlines around that. 110 00:05:31,480 --> 00:05:33,360 We probably are going to have a bit of a dip. 111 00:05:33,760 --> 00:05:36,480 That being said, Bitcoin still around 63 K, which is where we 112 00:05:36,480 --> 00:05:40,680 did the show yesterday. I think it hit as low as 61 ish 113 00:05:40,680 --> 00:05:43,680 61 1/2 yesterday and then bounced back up. 114 00:05:44,160 --> 00:05:47,240 I think obviously the the the main point of resistance is that 115 00:05:47,240 --> 00:05:51,280 64 to 65 K area, particularly 65 5K, which we've run up a few 116 00:05:51,280 --> 00:05:53,320 times. That was what we managed to 117 00:05:53,320 --> 00:05:54,920 breach last time with a high high. 118 00:05:55,520 --> 00:05:58,280 Let's see if we can hit a high high again over the coming days. 119 00:05:58,280 --> 00:06:00,680 66 K would be like the real, right. 120 00:06:00,680 --> 00:06:03,880 We're in a different trend here, which I think people get bullish 121 00:06:03,880 --> 00:06:08,000 around in terms of stuff that's like outperformed Bitcoin 122 00:06:08,000 --> 00:06:09,720 dominance again has been pretty strong. 123 00:06:09,720 --> 00:06:12,400 So it's been select meme coins which have done well. 124 00:06:12,480 --> 00:06:14,760 Sui has probably been the most obvious one. 125 00:06:14,760 --> 00:06:18,640 Again, continues to be very, very strong in the meme point, 126 00:06:18,840 --> 00:06:21,360 in the meme point streets. And then you've got like a a 127 00:06:21,360 --> 00:06:23,440 range of different meme altcoins. 128 00:06:23,440 --> 00:06:25,240 You've got Phantom has done pretty well. 129 00:06:27,120 --> 00:06:29,360 Tao has done has done relatively well. 130 00:06:29,360 --> 00:06:32,720 So some of those sort of meme coins, interestingly, I mean, 131 00:06:32,720 --> 00:06:36,800 Ethan is doing terribly still, but Solana as kind of just 132 00:06:37,400 --> 00:06:39,160 stable against Bitcoin to this whole time. 133 00:06:39,160 --> 00:06:43,280 So at the majors at the moment, it feels like Slon and Bitcoin 134 00:06:43,280 --> 00:06:47,920 are kind of evens and then ETH is is is continuing to not do as 135 00:06:47,920 --> 00:06:50,200 well. Meme coins, to be honest, were a 136 00:06:50,200 --> 00:06:51,880 bit of a bright spot, particularly some of the low ups 137 00:06:51,880 --> 00:06:54,200 and mid cap ones. The the majors, you would call 138 00:06:54,200 --> 00:06:59,000 them, they dipped. So Pepe obviously dipped back. 139 00:07:00,640 --> 00:07:03,600 So that was kind of a low high with was a little bit stronger 140 00:07:03,600 --> 00:07:05,240 on that rebound. So some, I mean, coins were a 141 00:07:05,240 --> 00:07:08,200 little bit stronger, which maybe makes sense given sales been a 142 00:07:08,200 --> 00:07:10,360 little bit stronger than than than ETH. 143 00:07:10,800 --> 00:07:13,160 But then MOG obviously has been doing relatively well as well. 144 00:07:13,160 --> 00:07:16,640 So I would say that it's it's the chasing pack that continues 145 00:07:16,640 --> 00:07:19,360 to be strong because people are people are again aiming for a 146 00:07:19,360 --> 00:07:21,240 billion dollars with a lot of these, right. 147 00:07:21,560 --> 00:07:24,000 You go to any sort of meme coin, which is 100 million plus at the 148 00:07:24,000 --> 00:07:25,920 moment, it's like, right, we're going to a billion, we're going 149 00:07:25,920 --> 00:07:26,960 to a billion, we're going to a billion. 150 00:07:27,800 --> 00:07:30,400 And I think that's people see that as a bit more achievable 151 00:07:30,400 --> 00:07:35,240 than some of the the whiff bonk Pepe's hit time eyes again. 152 00:07:35,240 --> 00:07:37,520 So those are the ones that seem to be strongest. 153 00:07:38,200 --> 00:07:41,320 Yeah, love to see that. Definitely saw this this 154 00:07:41,320 --> 00:07:42,840 morning. Look, we we had a little quick 155 00:07:42,840 --> 00:07:45,040 pop man, though, right as we were starting the show, like 60 156 00:07:45,040 --> 00:07:50,280 threes, 62363 three. I forget what, and then I guess 157 00:07:50,280 --> 00:07:52,000 we'll see. And then we are obviously before 158 00:07:52,000 --> 00:07:54,920 the show the the wells notice that Mister Gensler sent. 159 00:07:55,280 --> 00:07:58,960 Who cares who? Saw us who get some wells notice 160 00:07:58,960 --> 00:08:00,240 these days. He's. 161 00:08:00,240 --> 00:08:03,480 Gone after every single. It's not every single exchange. 162 00:08:03,840 --> 00:08:06,280 Every single exchange kind of Yeah exactly. 163 00:08:06,400 --> 00:08:10,800 Kraken Coinbase Kucoin, Binance crypto com. 164 00:08:11,960 --> 00:08:14,560 Maybe more, but anyways, these these exchanges have a lot of 165 00:08:14,560 --> 00:08:16,720 money, a lot of resources, a lot of lawyers. 166 00:08:16,720 --> 00:08:19,520 So it's gonna it's it's just gonna drag and drag and drag and 167 00:08:19,520 --> 00:08:21,720 it's it's a joke at this dish. We had that news and we had some 168 00:08:21,720 --> 00:08:23,680 other news. So quickly, Tyler, I'm going to 169 00:08:23,680 --> 00:08:26,720 go to you for your for your recap and then we're going to go 170 00:08:26,720 --> 00:08:28,800 right into Murad, who's with us in the studio. 171 00:08:40,640 --> 00:08:42,559 All right, yeah, breaking right before the show, Gary Gensler 172 00:08:42,559 --> 00:08:46,960 and the SEC have served a wells notice for crypto.com. 173 00:08:47,240 --> 00:08:50,520 Other top stories from the day FTX and FTX judge approved those 174 00:08:50,520 --> 00:08:53,840 cash repayments plan, $7 billion I believe to be returned to 175 00:08:53,840 --> 00:08:57,440 creditors, most getting about 114% of the value of their 176 00:08:57,440 --> 00:09:00,240 portfolios, though in cash, not in kind. 177 00:09:00,240 --> 00:09:03,880 Crypto. the US Supreme Court. the US Supreme Court denied 178 00:09:03,880 --> 00:09:06,760 hearing for a case concerning the ownership of the Silk Road 179 00:09:06,760 --> 00:09:08,880 Bitcoin. That's 69,000 Bitcoin worth 180 00:09:08,880 --> 00:09:13,200 about $4.4 billion potentially opening up for the US to sell 181 00:09:13,200 --> 00:09:14,640 it. So that's something to watch. 182 00:09:15,080 --> 00:09:17,720 BlackRock claimed that crypto is being adopted faster than the 183 00:09:17,720 --> 00:09:20,760 Internet and mobile phones from a pacing perspective, so that 184 00:09:20,760 --> 00:09:23,320 was a catchy headline. We saw it a new Ethereum upgrade 185 00:09:23,320 --> 00:09:28,600 proposal EIP 7781 would boost throughput by 50%, So that's a 186 00:09:28,600 --> 00:09:32,040 big one in polymarket action. Who is Satoshi that That bet saw 187 00:09:32,040 --> 00:09:35,120 wild action yesterday with other multiple now the resounding 188 00:09:35,120 --> 00:09:37,880 favorite. 65% over $16,000,000 bet. 189 00:09:37,880 --> 00:09:39,480 Now who's the. Favorite now? 190 00:09:41,680 --> 00:09:43,920 Zabo. Zabo from an individual, but 191 00:09:43,920 --> 00:09:46,360 still there's only 15%. No, what I see on the show on 192 00:09:46,360 --> 00:09:49,600 Friday, the other was 20%. I told you I was going to be 193 00:09:49,600 --> 00:09:51,720 other multiple. We're looking at 63 1/2 percent 194 00:09:51,720 --> 00:09:53,360 because that's the fucking bottom of the thing. 195 00:09:53,520 --> 00:09:56,240 No one's seeing this. Everybody's being told that it's 196 00:09:56,240 --> 00:09:59,000 Sassman, which is not right. And this. 197 00:09:59,040 --> 00:10:01,800 Was like it's out of back when I when I looked into this for a 198 00:10:01,800 --> 00:10:02,840 while I thought it was out and back. 199 00:10:03,360 --> 00:10:05,320 Yeah, you got a nice little 10X in front of. 200 00:10:05,440 --> 00:10:07,560 You I think I think it's a group, though, and The thing is 201 00:10:07,560 --> 00:10:10,800 the other and multiple bet was really clearly about like it 202 00:10:10,800 --> 00:10:11,960 being more than one person, right. 203 00:10:11,960 --> 00:10:13,880 So I think you know, you can't deny. 204 00:10:14,000 --> 00:10:16,600 I mean you can't I can't I what the fuck do I know the half 205 00:10:16,600 --> 00:10:18,600 Finney is potentially not involved in this right. 206 00:10:18,600 --> 00:10:21,920 So it's like I don't know, there's I don't know. 207 00:10:22,400 --> 00:10:24,080 We'll we'll see. But what else, Tyler? 208 00:10:24,960 --> 00:10:26,720 I just yeah. In protocol news abstract 209 00:10:26,720 --> 00:10:29,640 announced the partnership with Layer Zero to become their 210 00:10:29,640 --> 00:10:31,200 primary cross chain messaging protocol. 211 00:10:31,200 --> 00:10:34,840 Phantom is rolling out beta support for base Mentify 212 00:10:34,840 --> 00:10:37,920 unveiled vision for their digital asset ecosystem and then 213 00:10:37,920 --> 00:10:41,120 in memes and NFTS. So Vanek, their head of digital 214 00:10:41,120 --> 00:10:42,640 assets shared their meme coin index. 215 00:10:42,640 --> 00:10:44,920 I actually forgot they had a meme coin index product that 216 00:10:44,920 --> 00:10:49,000 holds 11% with Sheba's number one in that portfolio. 33% DOGE, 217 00:10:49,000 --> 00:10:52,360 27% Pepe. I thought that was notable ahead 218 00:10:52,360 --> 00:10:53,880 of our meme coin discussion here today. 219 00:10:53,880 --> 00:10:57,040 Meme coin majors were red, but Nero flipped MOG. 220 00:10:57,120 --> 00:11:00,640 Now over $700 million SPX from Rod's list. 221 00:11:00,720 --> 00:11:02,040 Wait, hold on. Repeat that. 222 00:11:02,480 --> 00:11:02,960 Nero. Nero. 223 00:11:03,240 --> 00:11:05,400 Flipped MOG. Hero flipped. 224 00:11:06,040 --> 00:11:08,480 Yeah, we're going to keep that talk with with, I mean, we, we 225 00:11:08,480 --> 00:11:11,520 got literally like meme coin. Jesus, come around. 740 million. 226 00:11:11,520 --> 00:11:12,080 Yeah. So Nero. 227 00:11:12,080 --> 00:11:15,080 Is questions after. Nero's going to a billion that 228 00:11:15,080 --> 00:11:19,040 that's that much clear SPX from our Maraud list. 229 00:11:19,040 --> 00:11:22,680 It wasn't Noble Mover flipped gig up into the mid 400 million 230 00:11:22,680 --> 00:11:24,960 range. The EF Mudang also jumped 231 00:11:24,960 --> 00:11:27,000 another 90%. Then of course, Epic Duck, the 232 00:11:27,000 --> 00:11:31,280 number one gaming meme coin, 70% leading all gaming meme coins. 233 00:11:31,840 --> 00:11:34,440 One NFT headline, obviously for a kid, one of my favorite 234 00:11:34,440 --> 00:11:35,440 artists. He announced his newest 235 00:11:35,440 --> 00:11:38,680 collection, Piano Blossoms 6101. I think I'm going to ask coin 236 00:11:38,680 --> 00:11:41,080 market cap to have its own section. 237 00:11:41,080 --> 00:11:44,680 Just gaming meme coins just. Fucking kidding me. 238 00:11:44,680 --> 00:11:49,160 All right, well, listen, listen, that's that's a great that's a 239 00:11:49,160 --> 00:11:51,200 great roundup, Tyler. Look, we usually on the show, 240 00:11:51,480 --> 00:11:53,440 for those of you who are not familiar, we dive into these, 241 00:11:53,560 --> 00:11:55,960 these these topics for the next like 30-40 minutes. 242 00:11:55,960 --> 00:11:57,240 But we're not going to do that today. 243 00:11:57,240 --> 00:11:58,880 We're not going to bore you all with that because you're 244 00:11:58,880 --> 00:12:01,560 definitely not here to listen to my ass speak. 245 00:12:02,080 --> 00:12:04,520 You're here to listen to the icon. 246 00:12:04,960 --> 00:12:09,040 Main character of the moment must stop Murad. 247 00:12:09,040 --> 00:12:11,520 Well, guess what? He, he, he cannot be stopped at 248 00:12:11,520 --> 00:12:13,000 the moment. Let me bring him on stage. 249 00:12:13,280 --> 00:12:14,760 Murad, what's up, man? Good morning. 250 00:12:14,760 --> 00:12:17,920 How you doing? Hey guys, How's it going? 251 00:12:18,040 --> 00:12:19,240 Can you hear me? See me well. 252 00:12:20,080 --> 00:12:21,840 Hear you well, see you perfectly. 253 00:12:21,840 --> 00:12:24,440 I love it. I have to say, from long hair to 254 00:12:24,440 --> 00:12:27,480 long hair, man, I love the flow. So I mean, mine's tied up right 255 00:12:27,480 --> 00:12:28,920 now, but I've got to say I love your flow. 256 00:12:28,920 --> 00:12:32,400 Murad, how you doing today? Awesome, awesome. 257 00:12:32,720 --> 00:12:34,960 Appreciate it guys and thank you for having me doing well. 258 00:12:35,520 --> 00:12:37,800 Yeah, thank you for for making it, especially on short notice. 259 00:12:37,800 --> 00:12:39,960 We're we're joking about on the show yesterday, like yo, let's 260 00:12:39,960 --> 00:12:43,000 get him out on the show today because Tyler here, our Co host 261 00:12:43,000 --> 00:12:45,520 loves your list and obviously goes over it every day. 262 00:12:45,680 --> 00:12:48,080 Even made a special index for him all and everything. 263 00:12:48,080 --> 00:12:51,240 So we're we're deep right now into the into The Mirage 264 00:12:51,240 --> 00:12:54,960 trenches on FOMO hours. So definitely want to have a few 265 00:12:54,960 --> 00:12:57,320 things ready questions ready to to talk to you bubble mirage 266 00:12:57,320 --> 00:12:59,720 first. Like, honestly, I think even for 267 00:12:59,720 --> 00:13:01,680 myself, Percy would love to know more about, you know, your 268 00:13:01,680 --> 00:13:05,000 background, you know, how'd you got here and of course, how it 269 00:13:05,000 --> 00:13:06,320 feels to be the main character right now. 270 00:13:06,320 --> 00:13:08,000 But mostly, like, how'd you get here? 271 00:13:08,000 --> 00:13:09,800 Like, how did who? Who is Murat? 272 00:13:11,200 --> 00:13:13,600 Yeah, for sure. So I'm originally from 273 00:13:13,680 --> 00:13:18,600 Azerbaijan, went to study at university in the United States. 274 00:13:19,480 --> 00:13:22,680 While I was there, I did a year abroad in China and that was 275 00:13:22,680 --> 00:13:29,480 kind of late 2013, early 2014 during the famous 2013 Bitcoin 276 00:13:29,480 --> 00:13:32,520 bubble, sort of four years before the 2017 bubble. 277 00:13:33,480 --> 00:13:36,840 Was very lucky. I had a few foreigner friends 278 00:13:36,840 --> 00:13:39,400 that were like involved in the early BTC ecosystem. 279 00:13:39,880 --> 00:13:41,360 So that was kind of my first exposure. 280 00:13:41,360 --> 00:13:43,480 Was kind of lucky to be at the right place at the right time. 281 00:13:45,400 --> 00:13:49,880 When 20/16/2017 came rolling back, I was obviously already 282 00:13:49,880 --> 00:13:52,640 looking at Ethereum BTC and realized that I needed to sort 283 00:13:52,640 --> 00:13:57,760 of take crypto more seriously. Before that I worked in 284 00:13:57,760 --> 00:14:03,280 commodities trading and in Chad Phi and since 2017 been doing a 285 00:14:03,280 --> 00:14:07,680 bunch of different things in crypto writing on chain 286 00:14:07,680 --> 00:14:12,720 analysis, obviously like trading investments, been building in D 287 00:14:12,720 --> 00:14:18,680 Phi had a fund in 2019-2020. Unfortunately, it didn't go so 288 00:14:18,680 --> 00:14:23,680 well, but we are, we're back and continuing sort of continue to 289 00:14:23,680 --> 00:14:27,600 grind, continuing to hustle. And yeah, right now I am 290 00:14:28,000 --> 00:14:31,000 building a Defy trading protocol, social fight trading 291 00:14:31,000 --> 00:14:33,880 protocol called STFX. And of course, I'm also involved 292 00:14:33,880 --> 00:14:37,440 in a bunch of different meme coin things, sort of investing, 293 00:14:37,440 --> 00:14:41,000 trading, and just trying to analyze meme coins like both on 294 00:14:41,000 --> 00:14:43,720 chain and and from a qualitative perspective as well. 295 00:14:45,440 --> 00:14:48,320 Wow, OK, that is an extensive bag. 296 00:14:48,320 --> 00:14:50,280 Did you guys expect that Mando Tyler? 297 00:14:50,280 --> 00:14:52,360 I mean, that is a sick background. 298 00:14:53,080 --> 00:14:54,400 Love to see. I'm going to I'm going to give 299 00:14:54,400 --> 00:14:56,040 it to Tyler here in a second because he's got a bunch of 300 00:14:56,040 --> 00:14:58,280 questions on your thesis and we're going to dive right into 301 00:14:58,280 --> 00:14:59,760 it. But Marat, how does it feel to 302 00:14:59,760 --> 00:15:02,880 be main character right now? You're that that token 2049 303 00:15:02,880 --> 00:15:05,640 interview made waves. So how, how does everything feel 304 00:15:05,640 --> 00:15:10,720 for you right now? Yeah, quite a quite a big influx 305 00:15:10,720 --> 00:15:15,600 of followers and attention overall, but I'm doing my best 306 00:15:15,600 --> 00:15:22,880 to kind of take it with grace and humility and sort of trying 307 00:15:22,880 --> 00:15:26,280 to sort of manage, manage expectations and just trying to 308 00:15:26,280 --> 00:15:30,400 take it day by day. The thing is, I think that we 309 00:15:30,400 --> 00:15:34,400 still have like 8 to 14 months of this sort of meme coin mania 310 00:15:34,600 --> 00:15:37,760 still ahead of us. And because of that, like we 311 00:15:37,760 --> 00:15:40,760 need to all, like I tell all my friends that are also involved 312 00:15:40,760 --> 00:15:43,920 in meme coins, I tell them that we need to kind of like try to 313 00:15:43,920 --> 00:15:48,840 be as stoic as possible and try to be as like patient as 314 00:15:48,840 --> 00:15:53,480 possible and just like not celebrate or not, not kind of 315 00:15:53,480 --> 00:15:57,000 run ahead of ourselves before like 2026 even. 316 00:15:57,760 --> 00:16:02,160 So I think like I've been telling people, I think 2025 is 317 00:16:02,160 --> 00:16:04,200 going to be a big year of opportunities of all kinds in 318 00:16:04,200 --> 00:16:08,920 crypto, especially meme coins, and we need to sort of lock in 319 00:16:08,960 --> 00:16:10,480 and we need to kind of make the most of it. 320 00:16:11,480 --> 00:16:14,440 Agreed totally. Yeah, good, good advice for me. 321 00:16:14,440 --> 00:16:16,160 I'm wondering who could be more stoic. 322 00:16:16,720 --> 00:16:18,360 For sure. I'm a bit I need a little bit 323 00:16:18,360 --> 00:16:21,640 more hype man high energy. So I appreciate that balance, 324 00:16:21,640 --> 00:16:22,920 Barod. Well, I want to just dive right 325 00:16:22,920 --> 00:16:25,320 in. So your, your core thesis, you 326 00:16:25,320 --> 00:16:28,280 shared it, you know, in the presentation at Token 2049. 327 00:16:29,120 --> 00:16:31,000 How'd you come up with that? How, how long had you been 328 00:16:31,000 --> 00:16:32,440 working on that? Kind of where did that come 329 00:16:32,440 --> 00:16:34,280 from? Yeah. 330 00:16:34,280 --> 00:16:39,520 So other than crypto itself, like the world, the world 331 00:16:39,520 --> 00:16:41,120 outside of crypto is changing, right. 332 00:16:41,560 --> 00:16:44,720 And I don't want to sort of rehash all of the bullet points 333 00:16:44,720 --> 00:16:47,040 I've made in my presentation, but just super briefly, 334 00:16:47,760 --> 00:16:50,320 obviously, like inflationary pressures are continuing, like 335 00:16:50,320 --> 00:16:51,880 the global money supply is increasing. 336 00:16:52,760 --> 00:16:55,640 People that have been familiar with like Bitcoin Maximus 337 00:16:55,640 --> 00:16:59,040 literature all the way from 20/15/2016, they know that like 338 00:16:59,080 --> 00:17:02,760 that has an effect on like people's mental health, that has 339 00:17:02,760 --> 00:17:05,960 an effect on financial markets, on the nature of assets, on the 340 00:17:05,960 --> 00:17:07,800 way they're being traded and on the way. 341 00:17:07,800 --> 00:17:11,200 Like people feel like literally at a chemical level, like at 342 00:17:11,200 --> 00:17:14,000 emotional level, right? And I think all of that kind of 343 00:17:14,000 --> 00:17:16,760 like affects like the crypto markets themselves 344 00:17:16,760 --> 00:17:20,359 microeconomically, that's why the core altcoin narratives and 345 00:17:20,359 --> 00:17:23,920 the core altcoin themes, like every four years, they're kind 346 00:17:23,920 --> 00:17:27,280 of becoming crazier and crazier. So the fact that meme coins are 347 00:17:27,280 --> 00:17:30,120 dominating right now, it's no surprise because you've already 348 00:17:30,120 --> 00:17:34,720 kind of been seeing this trend since 2014 or 2013, 2014, 2015, 349 00:17:34,720 --> 00:17:38,280 when meme coins or, sorry, when alt coins first came about, it 350 00:17:38,280 --> 00:17:40,400 was all about like, oh, we're going to use blockchain for 351 00:17:40,400 --> 00:17:41,600 this. We're going to use like 352 00:17:42,120 --> 00:17:44,920 decentralization for that. It's been almost 10 years of 353 00:17:44,920 --> 00:17:48,360 this and I think people are starting to accept the sort of, 354 00:17:48,360 --> 00:17:50,880 I don't want to say bitter truth, but the reality is that 355 00:17:51,280 --> 00:17:54,080 the reality is such that blockchain tech actually has 356 00:17:54,200 --> 00:17:58,920 fewer use cases than like people are telling you, you know, but 357 00:17:58,920 --> 00:18:03,120 the few use cases that we have confirmed for sure are obviously 358 00:18:03,120 --> 00:18:05,600 like store of value, which is like what BTC is best at. 359 00:18:06,160 --> 00:18:08,960 You have like payments, which is essentially a combination of 360 00:18:09,080 --> 00:18:10,640 like stable coins and the payment rails. 361 00:18:11,160 --> 00:18:13,680 And then you have all different kinds of speculation, right? 362 00:18:13,960 --> 00:18:17,560 All different kinds. And both on the app side as well 363 00:18:17,560 --> 00:18:20,880 as the asset side, you can kind of view them in the same thing. 364 00:18:20,880 --> 00:18:25,520 You can even view the tokens themselves as sort of casinos, 365 00:18:25,520 --> 00:18:27,400 or rather cables at the casinos, right? 366 00:18:27,760 --> 00:18:32,760 And the reality what meme coins are doing right now is they're 367 00:18:32,880 --> 00:18:37,600 showing a dark truth to people that all of the alt coins that 368 00:18:37,600 --> 00:18:39,640 have ever existed have been meme coins all along. 369 00:18:40,200 --> 00:18:43,360 They just had this sort of like Silicon Valley vibe or Silicon 370 00:18:43,360 --> 00:18:45,800 Valley branding. Oh, like we, we hired all those 371 00:18:45,800 --> 00:18:48,120 distributed systems engineers where we have this GitHub, we 372 00:18:48,120 --> 00:18:49,920 have that GitHub. But at the end of the day, no, 373 00:18:49,920 --> 00:18:52,240 the retail that actually creates the parabolas and the price 374 00:18:52,240 --> 00:18:54,240 appreciation, they don't care about technology. 375 00:18:54,240 --> 00:18:56,400 They care about making money and having fun. 376 00:18:56,840 --> 00:18:59,160 And that's kind of like the crux of it. 377 00:18:59,160 --> 00:19:01,800 The crux of it is that it was all essentially just performance 378 00:19:01,800 --> 00:19:05,800 art and it was just a, a bunch of sort of manipulations and 379 00:19:05,800 --> 00:19:09,640 marketing to sell pretty much bullshit tokens to people at 380 00:19:09,640 --> 00:19:11,120 like $50 billion valuations, right? 381 00:19:11,560 --> 00:19:14,040 And so mean coins are essentially a revenge. 382 00:19:14,040 --> 00:19:17,800 They're they're a populist revenge of the trenches because 383 00:19:18,000 --> 00:19:22,400 in 2017, poor people could get rich by buying the IC OS, right? 384 00:19:22,400 --> 00:19:26,640 Because at least back then the IC OS like started trading at 385 00:19:26,640 --> 00:19:29,040 like low valuations. So at least you could build 386 00:19:29,040 --> 00:19:33,280 community in a gradual manner and in a way where like middle 387 00:19:33,280 --> 00:19:35,760 class becomes upper middle class or like poor people become rich, 388 00:19:35,760 --> 00:19:39,160 etcetera, right? And it was all organic because 389 00:19:39,400 --> 00:19:42,120 even like chain link and even the Binance token, like they all 390 00:19:42,120 --> 00:19:44,760 started trading at like 20 million, like 15,000,000, 391 00:19:44,760 --> 00:19:46,240 whatever. It was like it was like 392 00:19:46,240 --> 00:19:52,240 affordable prices right now. Because essentially, for lack of 393 00:19:52,240 --> 00:19:55,480 a better word, like VCs have privatized all of the gains in 394 00:19:55,480 --> 00:19:57,600 the space. Like in the private rounds, 395 00:19:58,000 --> 00:20:00,600 whenever something is liquid, it starts at like $15 billion. 396 00:20:00,600 --> 00:20:02,440 Obviously, like you're not going to build community with that. 397 00:20:02,760 --> 00:20:07,680 And so people realize that if it's not about the software. 398 00:20:08,240 --> 00:20:11,240 Then it's the token itself that's like the core value 399 00:20:11,240 --> 00:20:13,240 proposition and the community around it. 400 00:20:13,600 --> 00:20:17,520 And then I, I'm pretty sure it's like young people in their 20s, 401 00:20:17,520 --> 00:20:21,240 in their early 30s, they've realized that we don't actually 402 00:20:21,240 --> 00:20:23,200 need to buy the VC tokens, right? 403 00:20:23,200 --> 00:20:25,840 It, it's actually not, they actually don't have a monopoly 404 00:20:25,840 --> 00:20:27,880 on the, on, on token creation, right. 405 00:20:28,240 --> 00:20:30,120 And the mean coin wave is essentially it's a giant 406 00:20:30,120 --> 00:20:33,000 pushback. It actually starts as a revenge 407 00:20:33,000 --> 00:20:35,560 against VCs. But I my kind of. 408 00:20:38,040 --> 00:20:42,000 Oh, Oh no, he froze. Right. 409 00:20:43,280 --> 00:20:45,480 Those are your froze, yeah. Yeah, he was going off too. 410 00:20:45,480 --> 00:20:47,800 Hold on. He'll be back. 411 00:20:48,520 --> 00:20:49,240 Oh, there you go. Sorry. 412 00:20:49,240 --> 00:20:51,480 You froze for like one minute less. 413 00:20:52,560 --> 00:20:53,600 You were talking about a revision. 414 00:20:53,680 --> 00:20:55,720 Go ahead, man. We're. 415 00:20:56,240 --> 00:21:00,280 Broadly like agree with that, like we, I think most people in 416 00:21:00,280 --> 00:21:04,440 crypto, I mean, when I came in 2021, you go on to most people 417 00:21:04,440 --> 00:21:07,440 in crypto, they're talking about buying altcoins, like 100 X 418 00:21:07,440 --> 00:21:10,120 altcoins and they didn't realize the tokenomics just meant that 419 00:21:10,120 --> 00:21:12,920 like you were fighting against like some crazy tide. 420 00:21:13,720 --> 00:21:16,160 So, so I think we're all in agreement that like meme coins 421 00:21:16,160 --> 00:21:18,800 could be meme coin dominance is going higher, right? 422 00:21:18,800 --> 00:21:21,560 It feels as though meme coins as a potentially of crypto, like 423 00:21:21,560 --> 00:21:23,800 you said, it's just payments. It's kind of the Bitcoin 424 00:21:23,800 --> 00:21:26,720 maximalist gold argument. And then you've got to 425 00:21:26,720 --> 00:21:29,480 speculation and meme coins as Internet culture, a big part of 426 00:21:29,480 --> 00:21:31,960 that. How did you get to the fun 427 00:21:31,960 --> 00:21:33,360 stuff? So how did you actually get to 428 00:21:33,360 --> 00:21:35,440 choose some of these these memes? 429 00:21:35,600 --> 00:21:38,880 Like, right, you decide the meme coins are your are your are your 430 00:21:39,000 --> 00:21:40,600 thing. How did you how did you do the 431 00:21:40,600 --> 00:21:43,000 next next stage of this? Yeah. 432 00:21:43,000 --> 00:21:47,320 So it immediately became clear to me that Pump fun and 433 00:21:47,320 --> 00:21:50,000 platforms like it would eventually result in a situation 434 00:21:50,000 --> 00:21:51,960 where you're going to have pretty much like billions of 435 00:21:51,960 --> 00:21:55,040 meme coins. So in the back of my mind, I 436 00:21:55,040 --> 00:21:57,400 realized that you kind of need to run the following thought 437 00:21:57,400 --> 00:21:59,320 exercise, right? And this is just for kind of 438 00:21:59,320 --> 00:22:03,600 like example purposes. Let's imagine that there is 439 00:22:03,600 --> 00:22:05,840 going to be a meme coin representing absolutely 440 00:22:05,840 --> 00:22:10,160 everything, like every color, every country, every meme, every 441 00:22:10,160 --> 00:22:13,600 animal, every picture, like quadrillions of meme coins, 442 00:22:13,600 --> 00:22:15,080 right? And then on the other end, 443 00:22:15,080 --> 00:22:17,680 that's like on the supply side, let's say on the demand side, 444 00:22:18,000 --> 00:22:20,840 you, we have a situation where we gave every person in the 445 00:22:20,840 --> 00:22:25,120 world like $2000 and they have to like invest in like two or 446 00:22:25,120 --> 00:22:27,360 three unicorns, right? And then putting those two 447 00:22:27,360 --> 00:22:29,760 things together, you ask yourself, you kind of simulate 448 00:22:29,760 --> 00:22:32,280 it in your mind, like what are the things that are going to win 449 00:22:32,280 --> 00:22:35,040 in that environment? And then you understand that, 450 00:22:35,040 --> 00:22:38,040 OK, let's say 70% of people are probably just going to gamble it 451 00:22:38,040 --> 00:22:39,560 away. And you're kind of seeing that 452 00:22:39,560 --> 00:22:41,920 on in the PvP trenches, on Pom pond, etcetera. 453 00:22:42,360 --> 00:22:44,640 So what are what's like the 30% that are going to survive and 454 00:22:44,640 --> 00:22:48,960 they're going to be sustainable And ultimately it all it all 455 00:22:48,960 --> 00:22:52,560 boils down to the community and it all boils down to the people 456 00:22:52,560 --> 00:22:53,920 involved. In my opinion. 457 00:22:54,960 --> 00:22:59,800 You really want like you essentially want something that 458 00:22:59,800 --> 00:23:03,600 is like so passionate to the point of being a cult, to the 459 00:23:03,600 --> 00:23:07,160 point of being a movement even, dare I say to the point of being 460 00:23:07,160 --> 00:23:11,440 like a mini modern religion. And these things like, because 461 00:23:11,440 --> 00:23:14,600 they infuse like people's hearts, they like they, they 462 00:23:14,600 --> 00:23:15,920 become people's identities, right? 463 00:23:15,920 --> 00:23:17,720 People become so ridiculously passionate. 464 00:23:18,080 --> 00:23:20,760 At the end of the day, it's all about emotional resonation and 465 00:23:20,760 --> 00:23:23,920 it's all about inspiration. So in order to identify the 466 00:23:23,920 --> 00:23:28,160 future giant meme coin winners, you need to ask yourself which 467 00:23:28,160 --> 00:23:30,040 meme coins inspire people more, right? 468 00:23:30,040 --> 00:23:33,760 So the ones that inspire more are going to go to a higher 469 00:23:34,160 --> 00:23:36,600 market cap in 2025. That's the way I see it. 470 00:23:36,600 --> 00:23:39,440 And so then we can kind of dig deeper into like the 471 00:23:39,440 --> 00:23:42,040 quantitative stuff, like how do you measure inspiration? 472 00:23:42,040 --> 00:23:45,280 How do you measure emotion? And I guess like we can talk 473 00:23:45,280 --> 00:23:48,440 about that as well. Yeah, I agree with you. 474 00:23:48,720 --> 00:23:53,080 Like I actually created a mean point and it turns into a 475 00:23:53,080 --> 00:23:57,080 religion pretty quickly. These things can go pretty wild. 476 00:23:57,080 --> 00:23:59,880 But I like I actually want to bring it back to your list 477 00:24:00,640 --> 00:24:02,040 because. Pull it up right now. 478 00:24:02,040 --> 00:24:03,200 Hold on. I got it. 479 00:24:03,200 --> 00:24:04,920 I. Remember when I first saw this 480 00:24:04,920 --> 00:24:08,080 list, I was actually a little bit confused by it because you 481 00:24:08,080 --> 00:24:11,080 kind of went for like lowest number of holders, which is like 482 00:24:11,080 --> 00:24:14,040 traditionally what like other meme boys wouldn't have got. 483 00:24:14,040 --> 00:24:18,720 And this obviously is a wild that valuation long term list. 484 00:24:18,720 --> 00:24:22,400 So when you see it obviously provokes a reaction, but it did 485 00:24:22,400 --> 00:24:25,440 feel as though you kind of cracked something which fewer 486 00:24:25,440 --> 00:24:29,480 people were looking at like which was just kind of that 487 00:24:29,480 --> 00:24:32,400 religion aspect. Like those people that are are 488 00:24:32,400 --> 00:24:35,680 diamond hands, they're going to keep it for as long as possible. 489 00:24:37,440 --> 00:24:39,840 And particularly ones which are maybe even slightly older. 490 00:24:39,840 --> 00:24:43,440 Like I looked through this list and most of them weren't 491 00:24:43,440 --> 00:24:47,000 actually that recently. Like they were done kind of last 492 00:24:47,000 --> 00:24:49,920 year or they've been building a community for like 6 months plus 493 00:24:50,400 --> 00:24:52,800 and then now they look like they were going to come out of it. 494 00:24:54,760 --> 00:24:56,080 Yeah, maybe we want to speak about that a little. 495 00:24:56,960 --> 00:25:01,000 Bit yeah, for sure, I have a strong bias against sort of 496 00:25:02,000 --> 00:25:07,400 bitcoins which are from like 2023 or even early 2024. 497 00:25:07,520 --> 00:25:10,720 I think age is super important. Just give me a second. 498 00:25:10,720 --> 00:25:11,880 I'm going to mute my alarm one second. 499 00:25:12,600 --> 00:25:17,600 Yeah, no problem. Do we have elevator music? 500 00:25:18,640 --> 00:25:23,680 I had it at some point. Yeah, so this is the situation. 501 00:25:24,760 --> 00:25:27,400 Cult building takes at least 7 to 8 months. 502 00:25:27,400 --> 00:25:30,040 That's why the 2023 meme coins are going to be the biggest 503 00:25:30,800 --> 00:25:35,880 because you needed to have that time for sellers to sell and for 504 00:25:35,880 --> 00:25:40,560 supply to be concentrated in the hands of the people that like 505 00:25:40,560 --> 00:25:42,520 believe in ridiculously high market caps. 506 00:25:43,080 --> 00:25:46,240 And that's what you've seen with MOG in 2023. 507 00:25:46,760 --> 00:25:49,320 I believe that's what you're seeing right now with the, with 508 00:25:49,320 --> 00:25:51,400 Harry Potter, Obama sliding, you know, as it's ranging. 509 00:25:51,640 --> 00:25:54,240 That's what you've seen with SPX for the past year. 510 00:25:54,520 --> 00:25:57,040 And that's what you've seen with Giga for the first sort of four 511 00:25:57,040 --> 00:26:01,920 to five months of 2024 as well. So in order to build a cult, it 512 00:26:01,920 --> 00:26:05,320 takes time. It takes time for the idea to 513 00:26:05,480 --> 00:26:07,760 resonate and to percolate across society. 514 00:26:08,400 --> 00:26:11,400 It takes time for the supply to be sort of concentrated in the 515 00:26:11,400 --> 00:26:15,200 hands of true believers rather than the people that are going 516 00:26:15,200 --> 00:26:18,440 to sell for A34X. And when you have supply in the 517 00:26:18,440 --> 00:26:22,320 hands of true believers, you essentially have a situation 518 00:26:22,320 --> 00:26:26,280 where the supply is like pretty much solved and then you have 519 00:26:27,520 --> 00:26:30,200 only the demand sold for. So whenever there is buying 520 00:26:30,200 --> 00:26:34,240 coming in, it's just going to go parabolic because like the 521 00:26:34,240 --> 00:26:37,480 believers are not going to touch their coins until like $100 522 00:26:37,480 --> 00:26:40,320 billion targets, right? And whether you believe in those 523 00:26:40,320 --> 00:26:41,720 targets or not, it doesn't matter. 524 00:26:41,960 --> 00:26:44,840 What matters is like what the holders believe because it's 525 00:26:44,840 --> 00:26:48,680 them making the decision, right? And so you like when people talk 526 00:26:48,680 --> 00:26:52,760 about belief, it boils down to like the belief in the, in the 527 00:26:52,760 --> 00:26:56,600 final valuation, the belief in your friends, belief in the 528 00:26:56,600 --> 00:26:59,320 mission and belief in the sort of like the memetic movement. 529 00:26:59,320 --> 00:27:01,280 And these are the kind of things that you need to study. 530 00:27:03,520 --> 00:27:05,280 It makes sense. So is the list? 531 00:27:05,560 --> 00:27:07,400 Is the list static or or dynamic? 532 00:27:07,400 --> 00:27:10,760 Are you planning to to add and and take some of these off 533 00:27:10,760 --> 00:27:12,240 perhaps? I know a lot of people. 534 00:27:12,600 --> 00:27:15,640 There we go, Mando. You care about that because I 535 00:27:15,640 --> 00:27:18,880 think whether you you this was your intention or not, I think 536 00:27:18,880 --> 00:27:21,240 people have started to like index this list like this is the 537 00:27:21,240 --> 00:27:25,040 Murad list at this point. So I. 538 00:27:25,720 --> 00:27:29,600 Think yeah, yeah, that's a that's a good question. 539 00:27:29,600 --> 00:27:31,520 I think I have a lot of responsibility right now. 540 00:27:32,320 --> 00:27:36,360 I I don't want to be a person that just shows random tickers. 541 00:27:37,800 --> 00:27:40,760 I don't know if you guys know, like it took me like six to 542 00:27:40,760 --> 00:27:44,680 seven months being sort of quote, UN quote in the trenches, 543 00:27:45,400 --> 00:27:50,600 being using like tiny Twitter and Telegram accounts to like 544 00:27:51,000 --> 00:27:53,640 sit down in these discords and these telegrams and to kind of 545 00:27:53,640 --> 00:27:56,400 like figure out the vibe, figure out the culture, figure out, 546 00:27:56,440 --> 00:28:02,640 figure out the people. And so I'm like, all of my picks 547 00:28:02,640 --> 00:28:07,480 are like very high conviction. I don't know if I'm going to be 548 00:28:07,480 --> 00:28:10,120 changing anything. But for the time being, all I 549 00:28:10,120 --> 00:28:12,840 can say is I'm very confident about this list. 550 00:28:13,280 --> 00:28:16,640 And one thing that I've realized and that has been paying massive 551 00:28:16,640 --> 00:28:19,280 dividends is this is not a traders market. 552 00:28:19,640 --> 00:28:21,960 This is a believers market, right? 553 00:28:22,000 --> 00:28:25,080 Believers are investors on steroids and essentially 554 00:28:25,440 --> 00:28:26,680 metaphorically speaking, of course. 555 00:28:26,960 --> 00:28:32,400 And believers, they realize that we're first of all, like, forget 556 00:28:32,400 --> 00:28:35,960 about TA, forget about range training, forget about timing, 557 00:28:36,000 --> 00:28:41,440 forget about rotations, all of those things are those things. 558 00:28:41,720 --> 00:28:44,240 They, they're not going to take you far, especially if you 559 00:28:44,240 --> 00:28:47,360 believe that this cycle, if it's going to be anything even 560 00:28:47,360 --> 00:28:51,120 remotely similar to past three cycles, where probably in that 561 00:28:51,120 --> 00:28:53,160 case, we're probably entering into year 4. 562 00:28:53,440 --> 00:28:57,000 And in year 4, that's the situation where like delusional 563 00:28:57,040 --> 00:29:00,920 bull schizos, they outperform everybody, even the most, even 564 00:29:00,920 --> 00:29:03,640 the most sophisticated quant trader in the world is not going 565 00:29:03,640 --> 00:29:06,080 to compare to a diamond handed holder, right. 566 00:29:06,360 --> 00:29:11,040 And so I strongly believe you should be finding cults that a, 567 00:29:11,440 --> 00:29:13,520 you personally resonate with a lot. 568 00:29:13,760 --> 00:29:16,760 And realistically millions of people around the world are 569 00:29:16,760 --> 00:29:18,240 going to be resonating with as well. 570 00:29:18,440 --> 00:29:19,960 And that's kind of the winning formula. 571 00:29:20,120 --> 00:29:23,960 And you should be, you should buy and you should hold because 572 00:29:24,000 --> 00:29:28,040 I think again, like I said earlier, there's 8 to 12 months 573 00:29:28,040 --> 00:29:32,480 left of this, maybe a bit more. And I think the best like the 574 00:29:32,480 --> 00:29:35,640 top ten, top 15 mean coins are going to go like crazy 575 00:29:35,640 --> 00:29:40,800 parabolic. My logic is essentially I'm just 576 00:29:40,800 --> 00:29:42,760 trying to identify category leaders, right? 577 00:29:42,760 --> 00:29:45,400 So there's probably going to be like different, there already 578 00:29:45,400 --> 00:29:49,400 are like different categories of mean coins and can you go? 579 00:29:49,400 --> 00:29:51,160 Into that a little bit because I think that's, that's an 580 00:29:51,160 --> 00:29:52,640 interesting point. There's something again, I think 581 00:29:52,640 --> 00:29:54,600 you picked up on. It's something that even I've 582 00:29:54,600 --> 00:29:58,280 tried to look at for for Epic. It's just that you've kind of 583 00:29:58,280 --> 00:30:02,480 gone after niches. Exactly, exactly. 584 00:30:02,480 --> 00:30:06,920 So obviously you have your dogs, which I would argue with is kind 585 00:30:06,920 --> 00:30:10,000 of the leader at right now. You have your you have your 586 00:30:10,000 --> 00:30:12,200 cats, which I think Popcat is the leader. 587 00:30:12,920 --> 00:30:15,640 You have your quote UN quote culture, which where I would say 588 00:30:15,640 --> 00:30:19,320 like Mog is the leader. You have SPX, which are referred 589 00:30:19,320 --> 00:30:21,880 to as like a movement point, which is a completely new 590 00:30:21,880 --> 00:30:23,960 category. We can dig into that later. 591 00:30:24,200 --> 00:30:27,720 You have Giga as well, which is like a mixture of lifestyle and 592 00:30:27,720 --> 00:30:30,360 culture and masculinity. And then you have a bunch of 593 00:30:30,400 --> 00:30:32,200 other kind of smaller categories as well. 594 00:30:32,560 --> 00:30:39,200 And my vision was like the category leaders, They're 595 00:30:39,200 --> 00:30:42,080 always, they're almost always going to be better risk reward 596 00:30:42,440 --> 00:30:48,680 because whenever like large, big whales come in, whenever like 597 00:30:48,680 --> 00:30:51,160 large even I think first of all, I think even Trapfy is going to 598 00:30:51,160 --> 00:30:53,560 be involved in this, right? Whenever they come in, they'll 599 00:30:53,560 --> 00:30:56,720 always go for the leader. And so holding the leaders in 600 00:30:56,720 --> 00:31:00,920 each category is much better. The people chasing like betas, 601 00:31:00,920 --> 00:31:03,280 the people chasing smaller versions of leaders, they're 602 00:31:03,280 --> 00:31:05,280 always going to lose because it's always going to end up 603 00:31:05,280 --> 00:31:07,840 being PvP. The following is, I think this 604 00:31:07,840 --> 00:31:10,960 is the most important concept in meme coins, something called 605 00:31:10,960 --> 00:31:14,120 critical mass, right? We can debate what critical mass 606 00:31:14,120 --> 00:31:17,160 is, but for the sake of the example, let's say critical mass 607 00:31:17,160 --> 00:31:20,560 is $2 billion. Let's say $2 billion is the 608 00:31:20,560 --> 00:31:23,760 critical mass. And simplistically, this is an 609 00:31:23,760 --> 00:31:27,720 important concept, right? If your coin goes to 2 billion, 610 00:31:28,520 --> 00:31:31,880 then it will probably go to like 10. 611 00:31:31,960 --> 00:31:34,000 It will probably go to like 12:15, right? 612 00:31:34,160 --> 00:31:36,640 Or at least it has a very high chance of doing so. 613 00:31:37,200 --> 00:31:40,840 But if your coin doesn't go to 2 billion, then it will probably 614 00:31:40,840 --> 00:31:42,560 just like die like bleed down, right? 615 00:31:42,760 --> 00:31:45,920 So really you're even though even though there are millions 616 00:31:45,920 --> 00:31:49,200 of meme coins, it doesn't matter because ultimately you should 617 00:31:49,200 --> 00:31:51,320 only be looking at like Top 40, top 50 of them. 618 00:31:51,440 --> 00:31:55,280 That's kind of the way I see it. Yeah, because I think that's an 619 00:31:55,280 --> 00:31:56,800 important point. Like if you go, I think 620 00:31:56,840 --> 00:32:00,920 originally with meme coins, it was find a find a cult, believe 621 00:32:00,920 --> 00:32:03,080 in something, right. But I think the what you've 622 00:32:03,080 --> 00:32:05,640 really done is gone. They've got to be a certain age 623 00:32:05,880 --> 00:32:09,360 really to normally to, to, to like have that maturity of 624 00:32:09,360 --> 00:32:11,400 people making money. Like Mudang, for example, goes 625 00:32:11,400 --> 00:32:13,360 up 300 million. But it's probably going to take 626 00:32:13,360 --> 00:32:15,240 a long time for it to like change hands and get into the 627 00:32:15,240 --> 00:32:17,440 right hands. Even if it survives, right? 628 00:32:17,840 --> 00:32:22,440 You've got to find that sort of religious cult song aspect to 629 00:32:22,440 --> 00:32:24,600 it. So like people that inspire. 630 00:32:24,600 --> 00:32:26,600 And then I think you've got to find these niches. 631 00:32:26,600 --> 00:32:28,760 I think the niches is the thing that's interested me because 632 00:32:28,880 --> 00:32:30,280 that's what altcoins used to be, right? 633 00:32:30,280 --> 00:32:32,640 Like used to have your your different categories of 634 00:32:32,640 --> 00:32:34,240 altcoins. I feel like meme coins are just 635 00:32:34,240 --> 00:32:37,040 replicating that now, but they're kind of going to do it 636 00:32:37,040 --> 00:32:40,720 in a better way. Like why would you want to buy a 637 00:32:40,720 --> 00:32:43,640 gaming coin? Why would you want to buy a Defy 638 00:32:43,640 --> 00:32:45,720 coin? Why would you want to buy a one 639 00:32:45,720 --> 00:32:47,920 of these various different other altcoin categories when you're 640 00:32:47,920 --> 00:32:51,000 just going to get VC dump dumping on you for for like 641 00:32:51,200 --> 00:32:54,520 many, many months, even years sometimes. 642 00:32:54,760 --> 00:32:56,720 Whereas I feel like some of these are just going to overtake 643 00:32:56,720 --> 00:33:00,760 that and maybe even be stronger than like the biggest ones out 644 00:33:00,760 --> 00:33:03,400 there. Absolutely. 645 00:33:03,400 --> 00:33:07,800 And you know, this narrative of the rotation, the giant rotation 646 00:33:07,800 --> 00:33:11,080 from tech to memes, I think it's still in its early stages. 647 00:33:11,520 --> 00:33:13,840 I think it's going to keep happening for the entirety of 648 00:33:13,840 --> 00:33:16,880 the next year. I think the anti VC sentiment 649 00:33:16,880 --> 00:33:19,160 has not peaked yet. I think it's going to keep 650 00:33:19,160 --> 00:33:21,760 getting worse for those guys and their coins. 651 00:33:22,080 --> 00:33:27,520 And you need to also understand that there's over $150 billion 652 00:33:27,520 --> 00:33:33,080 of unlocks coming for like altcoin tokens and Safts over 653 00:33:33,080 --> 00:33:38,040 the next four years, which means that like, it's just, it's just, 654 00:33:38,080 --> 00:33:40,440 it's essentially inflation. They're going to be, they're 655 00:33:40,440 --> 00:33:42,400 going to be receiving these coins and they're going to be 656 00:33:42,400 --> 00:33:45,880 realizing their profits. These VC guys, they are not the 657 00:33:45,880 --> 00:33:47,480 true believers that you're looking for. 658 00:33:48,080 --> 00:33:52,680 And instead, a community, like a meme coin community with truly 659 00:33:52,680 --> 00:33:56,680 fanatical believers, their price action is going to obliterate 660 00:33:56,680 --> 00:34:00,080 all of the technological stuff. And ultimately, financial 661 00:34:00,080 --> 00:34:02,760 markets boil down to human behavior and they boil down to 662 00:34:02,760 --> 00:34:05,480 human belief. And if you are in the trenches, 663 00:34:05,480 --> 00:34:08,800 if you are in all of these group chats for both the VC tech coins 664 00:34:08,800 --> 00:34:11,639 and the mean coins, you will see that the mean coin people are 665 00:34:11,639 --> 00:34:15,040 1000 times more passionate. And ultimately is the passion 666 00:34:15,040 --> 00:34:16,600 that you're betting on. It's the passion that you're 667 00:34:16,600 --> 00:34:18,679 trying to find. And wherever you find a passion, 668 00:34:18,679 --> 00:34:20,960 that's where you're going to find the millions and in this 669 00:34:20,960 --> 00:34:24,080 case billions of inflows. Yeah, dude, that's something I 670 00:34:24,080 --> 00:34:26,120 wanted to drill into a little bit broke, if you don't mind. 671 00:34:26,600 --> 00:34:29,560 Drill, baby drill. I was curious how you like 672 00:34:29,679 --> 00:34:31,199 tested and validated your thesis. 673 00:34:31,199 --> 00:34:35,040 So you said you basically had, you know, handles, like smaller 674 00:34:35,040 --> 00:34:37,560 handles that you would go into Telegram, Discord, telegrams. 675 00:34:37,560 --> 00:34:40,000 And pick up on. That get into these chats. 676 00:34:40,440 --> 00:34:43,440 I'm curious like did did you did you have coins that you thought 677 00:34:43,440 --> 00:34:46,000 were going to be perhaps on your list that didn't make it once 678 00:34:46,000 --> 00:34:49,000 you were like in the in the trenches and talking to them? 679 00:34:49,000 --> 00:34:51,400 Like what were there any surprises during that like 680 00:34:51,400 --> 00:34:53,560 testing and validation process? I'm curious. 681 00:34:54,440 --> 00:34:57,320 Yeah. So I essentially, I essentially 682 00:34:57,320 --> 00:34:59,840 made a list of filters and then I kind of like went down the 683 00:34:59,840 --> 00:35:04,920 filter and that filter let me sort of make a list of like 20 684 00:35:04,920 --> 00:35:07,480 to 25 things that I quote UN quote consider as cults. 685 00:35:07,720 --> 00:35:11,040 So what is this filter? First of all, very simple. 686 00:35:11,240 --> 00:35:13,840 I didn't want to buy like the biggest meme coins because I 687 00:35:13,840 --> 00:35:16,000 think like they're already on, like a lot of them are already 688 00:35:16,000 --> 00:35:17,680 on Binance. They already had like the big 689 00:35:17,680 --> 00:35:19,760 catalysts. And I also didn't want to 690 00:35:19,760 --> 00:35:21,560 participate in the pump fun trenches, right? 691 00:35:21,840 --> 00:35:24,800 And it became increasingly clear to me that ultimately what 692 00:35:24,800 --> 00:35:28,680 matters is like attention to price or religiosity to price or 693 00:35:28,680 --> 00:35:31,720 this passion to price, right? And I said this like I think I 694 00:35:31,720 --> 00:35:35,520 tweeted this in April or May and I'm still saying it to this day. 695 00:35:35,800 --> 00:35:39,280 I think the biggest value right now, it's in midcap cults, 696 00:35:39,400 --> 00:35:42,080 right? So you don't want the pump pump 697 00:35:42,080 --> 00:35:44,960 trenches like the extreme hyper gambling and you don't probably 698 00:35:44,960 --> 00:35:48,400 don't want like those shit. So what range? 699 00:35:48,840 --> 00:35:49,400 What market? Yeah. 700 00:35:49,400 --> 00:35:52,480 So for me, for me, and I'm putting myself back into June 701 00:35:52,480 --> 00:35:55,720 right now, right? For me, I focused on the range 702 00:35:55,720 --> 00:35:59,480 of 5 million to 200 million. Like I think like that's a good 703 00:35:59,480 --> 00:36:01,880 range and that's like what I loosely consider the midcaps. 704 00:36:02,760 --> 00:36:08,200 That's one thing. Second thing is I much prefer 705 00:36:08,200 --> 00:36:10,600 Solana and Etherium to any other chain. 706 00:36:10,840 --> 00:36:14,720 So yes, I know there's like stuff going on on base Taan SU, 707 00:36:14,720 --> 00:36:18,400 we say whatever. But ultimately an important 708 00:36:18,400 --> 00:36:21,120 first impulse of these valuations, it's going to come 709 00:36:21,120 --> 00:36:23,480 from altcoin whales. And you need to ask yourself, 710 00:36:23,480 --> 00:36:26,920 like, where do the altcoin whales park their wealth? 711 00:36:27,240 --> 00:36:30,880 And right now it's Etherium and Solana, right? 712 00:36:31,040 --> 00:36:34,720 And they have their soul and E tokens there and it represents 713 00:36:35,720 --> 00:36:39,360 $70 billion and $300 billion of wealth, respectively. 714 00:36:39,360 --> 00:36:41,680 And there's also a ton of stable coins there as well. 715 00:36:41,880 --> 00:36:44,200 So essentially, these are these are like large bank accounts. 716 00:36:44,440 --> 00:36:48,200 And whenever they finally understand that the mean coins 717 00:36:48,200 --> 00:36:51,720 are going to dominate alt coins this cycle and next year, that 718 00:36:51,720 --> 00:36:54,040 that flow can happen quickly. And that's the kind of the flow 719 00:36:54,040 --> 00:36:56,760 that's going to take us to like 1 billion, two billion, 3 720 00:36:56,760 --> 00:36:59,400 billion, right? So I focus on Ethereum and 721 00:36:59,400 --> 00:37:01,800 Solana. The other thing is I was looking 722 00:37:01,800 --> 00:37:04,800 at things that were at least for the majority of my list, I was 723 00:37:04,800 --> 00:37:08,760 looking at things that were at least six months old, because 724 00:37:08,840 --> 00:37:11,960 the way I see it is called building or community building. 725 00:37:11,960 --> 00:37:15,120 It's like a plane taking off. And before a plane takes off, it 726 00:37:15,120 --> 00:37:18,040 needs to sort of it first needs to speed up a little bit. 727 00:37:18,400 --> 00:37:21,360 And that in this in this example, that is time. 728 00:37:21,880 --> 00:37:25,320 Nothing can beat time, right? The cobalt can manufacture 729 00:37:25,320 --> 00:37:29,040 price, the cobalt can manufacture short term volumes, 730 00:37:29,040 --> 00:37:32,880 it can even manufacture a centralized exchange listing. 731 00:37:33,080 --> 00:37:36,520 But at the end of the day, time is something that you cannot 732 00:37:36,520 --> 00:37:39,800 fake, you know, and it represents true commitment 733 00:37:39,800 --> 00:37:43,080 because we all let's say we live 80 years, time is like a serious 734 00:37:43,080 --> 00:37:45,400 investment of serious investment of resources. 735 00:37:45,400 --> 00:37:51,760 And if I see that a meme coin's price has been ranging under $20 736 00:37:51,760 --> 00:37:55,680 million for a year, right? It's not breaking out, but it's 737 00:37:55,680 --> 00:37:59,080 not dying. I know that there is a core 738 00:37:59,080 --> 00:38:03,400 group of holders that are essentially DCA ING into the 739 00:38:04,240 --> 00:38:07,320 cells of the non believers. And that's kind of what you want 740 00:38:07,320 --> 00:38:11,520 to find. And I for me personally, I, as 741 00:38:11,520 --> 00:38:13,920 you guys might have noticed, I found the biggest success with 742 00:38:13,920 --> 00:38:18,080 this sort of 10 million to 30 million, like 10 million to 40 743 00:38:18,080 --> 00:38:21,200 million range. I think that's a sweet spot for 744 00:38:21,200 --> 00:38:24,480 something that can develop that early stage cultiness, but also 745 00:38:24,480 --> 00:38:27,880 like not be super expensive. And that's where I at least 746 00:38:27,880 --> 00:38:30,760 personally, in the last 4-5 months, that's where I found the 747 00:38:30,760 --> 00:38:34,680 most value for me, right? The other thing is I want the 748 00:38:34,680 --> 00:38:37,800 meme to be unique. I'm also biased for things that 749 00:38:37,840 --> 00:38:42,880 are either real memes like Giga and APU that have been out there 750 00:38:42,880 --> 00:38:45,680 since 2016 and have been popular on TikTok and Instagram before. 751 00:38:45,920 --> 00:38:49,280 Or. Things that are new, but they 752 00:38:49,280 --> 00:38:51,480 have this sort of like a movement like religious, like 753 00:38:51,480 --> 00:38:54,600 field, right? These are the two categories 754 00:38:54,600 --> 00:38:56,160 that I personally love the most, right? 755 00:38:56,320 --> 00:38:58,680 Because with the real memes, they're going to have the 756 00:38:58,680 --> 00:39:02,200 advantage of other people have already been familiar with them 757 00:39:02,600 --> 00:39:04,560 and with the movements, you're just going to have much higher 758 00:39:04,560 --> 00:39:08,320 levels of inspiration, right? And at the end of the day, these 759 00:39:08,320 --> 00:39:10,080 are like more sort of the quantitative stuff, right? 760 00:39:10,360 --> 00:39:13,240 I, of course, as you guys might have noticed been, I, I really 761 00:39:13,240 --> 00:39:15,560 like things that are truly decentralized as much as 762 00:39:15,560 --> 00:39:17,360 possible, right? I want the supply to be 763 00:39:17,360 --> 00:39:20,440 decentralized both at the overall level, but also at the 764 00:39:20,440 --> 00:39:22,760 whale level. Without naming names, there's a 765 00:39:22,760 --> 00:39:25,920 bunch of cobalt coins where, let's be real, for those who 766 00:39:25,920 --> 00:39:29,080 know, no, there's like 6 people who pretty much own 75% of the 767 00:39:29,080 --> 00:39:29,480 supply. Come on. 768 00:39:29,480 --> 00:39:32,080 I think I kind of bucked up. You got to. 769 00:39:32,080 --> 00:39:34,080 I mean, we know. Those coins? 770 00:39:34,920 --> 00:39:36,920 Come on, come on, baby. You got to. 771 00:39:36,920 --> 00:39:39,120 You got to protect the people from the cobalt coins. 772 00:39:39,120 --> 00:39:40,960 You're like, you're like the roaring Kitty. 773 00:39:42,440 --> 00:39:44,440 Here's all I'll say. Here's all I will say. 774 00:39:44,600 --> 00:39:48,160 Here's all I will say. If you are a large whale 775 00:39:48,200 --> 00:39:52,360 listening to this right now, if you are a wealthy individual, or 776 00:39:52,360 --> 00:39:55,160 if you are an institution, whether it's AVC or a Trackpoint 777 00:39:55,160 --> 00:39:59,920 institution that is considering dipping your toes into mean 778 00:39:59,920 --> 00:40:04,120 coins. Please hire an on chain sleuth 779 00:40:04,240 --> 00:40:08,760 or an on chain quantitative analyst and have them not only 780 00:40:08,760 --> 00:40:12,680 look at the overall metrics, but also look at exactly what 781 00:40:12,680 --> 00:40:15,560 happened in the earliest blocks, in the earliest hundred blocks. 782 00:40:16,000 --> 00:40:19,040 Those who know, no, I'm not going to say anything else, but 783 00:40:19,040 --> 00:40:26,040 continuing on to my idea. So the most important thing is 784 00:40:26,240 --> 00:40:28,360 sort of this religiosity and this inspiration. 785 00:40:28,600 --> 00:40:33,720 And like I was saying, I also want the whale cohort to be 786 00:40:34,920 --> 00:40:37,280 decentralized. So I'm looking at how many 787 00:40:37,640 --> 00:40:43,320 people are there that own like less than .3% but more than .1%, 788 00:40:43,320 --> 00:40:44,800 right? And then I kind of break that 789 00:40:44,800 --> 00:40:46,440 down into demographics and cohorts. 790 00:40:46,600 --> 00:40:48,680 And I want it to be balanced. I want it to look organic. 791 00:40:48,880 --> 00:40:51,440 If you kind of draw a giant matrix of all of this, you can 792 00:40:51,440 --> 00:40:54,080 see like which coins are legit and which coins are not. 793 00:40:54,880 --> 00:40:57,400 Ultimately, like I said, you're investing in people. 794 00:40:57,720 --> 00:41:01,800 So if you have that opportunity, you want to figure out who the 795 00:41:01,800 --> 00:41:05,920 leaders are, if there, even if there are any, what the decision 796 00:41:05,920 --> 00:41:09,600 making process are, who the biggest whales are, who is 797 00:41:09,600 --> 00:41:12,160 talking about this on Twitter or who's not talking about this on 798 00:41:12,160 --> 00:41:15,000 Twitter. And essentially on top of all 799 00:41:15,000 --> 00:41:17,280 the quantitative things that I've mentioned, you want to get 800 00:41:17,280 --> 00:41:19,360 a feel for the vibe, for the culture. 801 00:41:19,600 --> 00:41:25,080 Are these people pure or, or is this just another sort of group 802 00:41:25,080 --> 00:41:30,520 of weekly flavor of the week sort of cabal that's going to 803 00:41:30,520 --> 00:41:31,160 dump on you? Right. 804 00:41:31,320 --> 00:41:34,360 And goes without saying that you want to look for people that are 805 00:41:34,360 --> 00:41:38,000 more long term, that are at least thinking in quarters, 806 00:41:38,000 --> 00:41:41,160 better yet years, rather than people that are just trying to 807 00:41:41,280 --> 00:41:43,480 get a quick 10X and dump on you next week, right? 808 00:41:43,680 --> 00:41:46,880 So ultimately get to know the people, get to know the culture, 809 00:41:47,000 --> 00:41:50,040 get to know the memes. And on top of the sort of the 810 00:41:50,040 --> 00:41:52,160 more mathematical metrics, that's how you form an opinion. 811 00:41:52,840 --> 00:41:56,080 I love that get the people, the metrics, the memes, all that 812 00:41:56,080 --> 00:41:58,600 very smart, very well said. We have a couple more questions 813 00:41:58,600 --> 00:42:01,280 for you, Murat, so hang tight. But quickly, as you all know, or 814 00:42:01,280 --> 00:42:02,760 if you don't because you're new listener, there's a lot of 815 00:42:02,760 --> 00:42:05,320 people in the audience. We do giveaways every day Murad, 816 00:42:05,320 --> 00:42:07,480 like four days a week. We have a real bit loot box, but 817 00:42:07,480 --> 00:42:09,680 and we take someone from the audience and we let them win 818 00:42:09,680 --> 00:42:11,720 today. I put like 40 miladies in there, 819 00:42:11,880 --> 00:42:15,600 So there's a chance that someone wins wins a milady or 30. 820 00:42:15,600 --> 00:42:16,840 I don't even know. I just went crazy. 821 00:42:16,840 --> 00:42:18,400 I it took me a while to set it up. 822 00:42:18,400 --> 00:42:21,280 So all you have to do to enter this for a chance to win a 823 00:42:21,280 --> 00:42:24,320 milady, a red guy or a punk, actually, it's going to be one 824 00:42:24,320 --> 00:42:27,280 of the three. All you have to do is rafflebot 825 00:42:27,280 --> 00:42:33,320 dot XYZRAFFLEBOT dot XYZ and put the code Murad in here and then 826 00:42:33,320 --> 00:42:35,160 you can enter. And at the end of the show, in 827 00:42:35,160 --> 00:42:37,800 like 10, yeah, 10:00-ish minutes, we'll pick a lucky 828 00:42:37,800 --> 00:42:39,960 winner to come on stage and potentially win. 829 00:42:39,960 --> 00:42:44,360 I wanted to add Sportel Gremlins and the SP site, the, the aeons, 830 00:42:44,560 --> 00:42:46,680 aeons, Aeons. That's how you call them into 831 00:42:46,680 --> 00:42:49,080 the loot box, but they have to be whitelisted on the other side 832 00:42:49,240 --> 00:42:50,520 by real bit. So I don't think they have been 833 00:42:50,520 --> 00:42:52,840 yet, but we'll ask them that We will start giving those away 834 00:42:52,840 --> 00:42:54,000 too, because they're worth a lot of money. 835 00:42:54,000 --> 00:42:56,440 Now. I wish I I could have a question 836 00:42:56,440 --> 00:42:59,840 for you, Murad, Speaking of NFTS, you recently posted about 837 00:42:59,840 --> 00:43:01,920 NFTS, right? You put you put infamous, you 838 00:43:01,920 --> 00:43:03,960 know, Murad lists. You know, you ran it back with 839 00:43:03,960 --> 00:43:07,440 NFTS Love that the Bitcoin puppets are in there, obviously 840 00:43:07,440 --> 00:43:10,880 love my punk, etcetera. So you know, what do you what do 841 00:43:10,880 --> 00:43:12,880 you, what do you make of of that side of the space? 842 00:43:12,880 --> 00:43:16,320 Now when it comes to NFTS, of course a lot of people say min 843 00:43:16,320 --> 00:43:18,720 coins this cycle or NFTS last cycle. 844 00:43:19,320 --> 00:43:21,320 Do you agree with that? And what's your NFT thesis? 845 00:43:22,280 --> 00:43:24,440 They are, they are. They are actually technically 846 00:43:24,440 --> 00:43:28,040 the same thing but I believe meme coins are going to be like 847 00:43:28,360 --> 00:43:33,720 50 times bigger because it's very simple when it boils down 848 00:43:33,720 --> 00:43:36,720 to even a success even in a successful NFT collection. 849 00:43:37,000 --> 00:43:38,760 What if you actually run the numbers? 850 00:43:38,960 --> 00:43:41,960 You will see that you essentially have like 3004 851 00:43:41,960 --> 00:43:46,520 thousand people that are shilling 10,000 illiquid jpegs. 852 00:43:46,920 --> 00:43:50,480 Here the situation is much much more efficient on both sides. 853 00:43:50,720 --> 00:43:54,600 Instead of having 3000 people show 10,000 different illiquid 854 00:43:54,600 --> 00:43:58,320 jpegs, what you have is like half a million people shilling 855 00:43:58,320 --> 00:44:00,680 one single coin. So you can see how much more 856 00:44:01,120 --> 00:44:04,080 economically and powerful that is from a liquidity perspective. 857 00:44:04,400 --> 00:44:07,480 That's why you will see much crazier parabolas in the top 858 00:44:07,480 --> 00:44:10,880 meme coins that even you saw with basie or punks. 859 00:44:11,400 --> 00:44:16,240 So meme coins are very similar to what NFTS are at their core, 860 00:44:16,760 --> 00:44:19,960 but the financial instrument that expresses it is much 861 00:44:19,960 --> 00:44:21,480 better. It's much more effective and 862 00:44:21,480 --> 00:44:25,960 it's much more efficient. And that's why instead of like 863 00:44:26,240 --> 00:44:30,640 whatever the market caps, Basie and crypto punks went to the 864 00:44:30,640 --> 00:44:33,760 top. Meme coins are gonna do 30X 865 00:44:33,760 --> 00:44:35,840 more, 50X more, 100X more even, right? 866 00:44:36,520 --> 00:44:38,440 The I actually have very strong opinions. 867 00:44:38,440 --> 00:44:41,160 I know you guys sort of originally made your names in 868 00:44:41,160 --> 00:44:45,920 the NFT sphere, as I understand it, in kind of 2021 and 2022. 869 00:44:47,240 --> 00:44:53,320 My view is that this cycle, the NFTS that are going to 870 00:44:53,440 --> 00:44:57,240 absolutely crush are going to be those that actually have a mean 871 00:44:57,240 --> 00:45:02,040 coin attached to it. And in a perfect world, you 872 00:45:02,040 --> 00:45:02,800 want. The. 873 00:45:03,360 --> 00:45:08,440 Mean coin to have been created 1st and then the NFT collection 874 00:45:08,440 --> 00:45:12,080 to have been created later rather than the other way around 875 00:45:13,440 --> 00:45:15,960 because that way it's much more organic and the meme coin is 876 00:45:15,960 --> 00:45:17,840 prioritized. The reason for this is the 877 00:45:17,840 --> 00:45:20,360 following. And This is why I am extremely 878 00:45:20,360 --> 00:45:28,840 bullish on Sproto Gremlins, Project Eon, Retardio, and also 879 00:45:29,680 --> 00:45:33,120 APU NFTS that are forthcoming. And the reason for that is 880 00:45:33,120 --> 00:45:36,360 because I think all four of these meme coins are going to do 881 00:45:36,360 --> 00:45:38,040 extremely well. They're going to go into 882 00:45:38,040 --> 00:45:41,680 billions, which a means that their community is going to 883 00:45:41,680 --> 00:45:45,040 become very wealthy. And two, it's going to become a 884 00:45:45,040 --> 00:45:49,840 huge social flex in the digital sphere that you have been a part 885 00:45:49,840 --> 00:45:52,320 of those communities. And essentially all of the quote 886 00:45:52,320 --> 00:45:55,400 UN quote lieutenants of these sort of meme coins, they're 887 00:45:55,400 --> 00:45:58,080 going to be owning one or more of these NFTS. 888 00:45:58,080 --> 00:46:02,600 And I don't mean to sound tacky or cliche or gauche, but I 889 00:46:02,600 --> 00:46:06,720 essentially think that Project Eon, Sprotto, Gremlins, and 890 00:46:06,720 --> 00:46:10,680 Retardio are going to become like the Patek, Basharan and 891 00:46:10,680 --> 00:46:14,480 Odimar of the sort of modern day memetic movement respectively, 892 00:46:14,600 --> 00:46:17,160 right? And I think they're going to 893 00:46:17,160 --> 00:46:20,800 58th floor. I think if the meme coin mania 894 00:46:20,800 --> 00:46:23,560 gets crazy, they might even go to 108th floor. 895 00:46:23,840 --> 00:46:26,920 I know it sounds insane right now, but if you do the math on 896 00:46:26,920 --> 00:46:29,400 illiquid assets, and I know you guys have seen this in late 897 00:46:29,400 --> 00:46:32,640 2021, they can move in price very, very quickly, very 898 00:46:32,640 --> 00:46:35,360 quickly, right. And the human brain, it thinks 899 00:46:35,360 --> 00:46:37,720 in linear terms. It's the human brain is like 900 00:46:37,760 --> 00:46:41,240 been scientifically proven to be very bad at understanding 901 00:46:41,240 --> 00:46:43,600 parabolas and understanding exponential changes. 902 00:46:43,960 --> 00:46:48,080 And I think these these NFTS specifically for me, my 903 00:46:48,080 --> 00:46:51,760 favorites are like I said, Proto Gremlins, Project Beyond and 904 00:46:51,760 --> 00:46:55,920 Retardio well. Certainly we know things can get 905 00:46:55,920 --> 00:46:57,120 crazier than anyone can expect. We've. 906 00:46:57,120 --> 00:46:59,600 Seen it right Tyler? Like board aids went to 450K 907 00:46:59,600 --> 00:47:01,880 floor last cycle. Punks did as well, but punks 908 00:47:01,880 --> 00:47:03,800 different like punks and punks. And I saw them on your list. 909 00:47:03,800 --> 00:47:05,520 I actually really like that you have punks in your list, Murad. 910 00:47:05,760 --> 00:47:08,880 I think it it has a lot of legitimate legitimity to it. 911 00:47:08,880 --> 00:47:11,480 And I agree with the the the meme coin thing. 912 00:47:11,480 --> 00:47:12,720 What do you think, Tyler? What are we going to? 913 00:47:13,640 --> 00:47:15,880 Say, well, I think the like the last question on my list, and 914 00:47:15,880 --> 00:47:18,360 it's a little bit of a sensitive one, but it's it's how do you 915 00:47:18,400 --> 00:47:22,120 exit? So so now you've got, you know, 916 00:47:22,680 --> 00:47:25,920 somewhat cult status. You know, folks are effectively 917 00:47:25,920 --> 00:47:31,360 telling you in into these plays that the Murad index that does 918 00:47:31,360 --> 00:47:34,920 it all fall apart, you know, as soon as you start to sell and 919 00:47:34,920 --> 00:47:36,680 like, are you, are you concerned about that? 920 00:47:36,680 --> 00:47:39,880 Have you thought about like, what, even in eight to 1214 921 00:47:39,880 --> 00:47:41,360 months down the line, what that might look like? 922 00:47:43,120 --> 00:47:47,080 I'm definitely, I'm definitely going to sell some in late 2025, 923 00:47:47,080 --> 00:47:50,680 early 2026 for SPX and Giga specifically. 924 00:47:50,720 --> 00:47:53,360 I am definitely going to hold a bag of multi cycle because I 925 00:47:53,360 --> 00:47:55,640 think these two are going to last more than one cycle. 926 00:47:56,680 --> 00:47:59,080 I'm like very, I'm like extremely high conviction on 927 00:47:59,080 --> 00:48:03,280 these two in particular. But I mean, here's the thing, 928 00:48:03,280 --> 00:48:06,200 right, there will be mean coin valuation frameworks. 929 00:48:06,440 --> 00:48:10,600 People will come up with them in the middle of 2025. 930 00:48:10,600 --> 00:48:13,360 You will see people like run Excel spreadsheets, run quant 931 00:48:13,360 --> 00:48:16,760 analysis, combining all of the social media data and they will 932 00:48:16,760 --> 00:48:19,320 be telling like, OK, this is overvalued, this is undervalued, 933 00:48:19,320 --> 00:48:22,000 etcetera, right? So just like with altcoins, 934 00:48:22,160 --> 00:48:24,160 there will be periods of undervaluation. 935 00:48:24,160 --> 00:48:27,160 There will be periods of overvaluation and it's up to you 936 00:48:27,160 --> 00:48:29,640 to figure out your own sort of entry strategy, exit strategy. 937 00:48:29,920 --> 00:48:33,960 I recommend people to DCA, whether they're going in or 938 00:48:33,960 --> 00:48:36,640 they're going out, it's always much better because you can't 939 00:48:36,640 --> 00:48:39,360 time the markets exactly. Maybe if you're really, really 940 00:48:39,360 --> 00:48:42,440 good, you can time it down to like the month or the quarter. 941 00:48:43,240 --> 00:48:46,760 So yeah, DCA in, DCA out is the most conservative way. 942 00:48:46,760 --> 00:48:49,960 And over the long time frame it outperforms like trying to go 943 00:48:49,960 --> 00:48:53,960 All in all out. OK, I, I think, I think that's a 944 00:48:53,960 --> 00:48:55,560 good point. So it's something that a lot of 945 00:48:55,560 --> 00:48:57,800 people are wondering, right? Like how, how does Murad get out 946 00:48:57,800 --> 00:49:00,680 of, out of all this and, and where do we go from there, man? 947 00:49:00,680 --> 00:49:02,000 Do you have any last questions for Murad? 948 00:49:02,800 --> 00:49:04,880 No, I've just got to pitch him. I've got to pitch him. 949 00:49:05,800 --> 00:49:08,920 I will kill myself in your ad if I didn't tell you that I created 950 00:49:08,920 --> 00:49:10,840 a meme coin. It's seven months old. 951 00:49:11,880 --> 00:49:17,120 It's an OG gaming meme 2009. We're trying to become the 952 00:49:17,120 --> 00:49:21,440 biggest gaming meme in crypto. It's at 15,000,000. 953 00:49:22,800 --> 00:49:25,440 It's what has it else has it been doing? 954 00:49:25,440 --> 00:49:28,600 It's got 95% diamond hands at the moment. 955 00:49:28,640 --> 00:49:32,760 Oh boy, I. Love this Top top 100 holders or 956 00:49:32,760 --> 00:49:35,800 less than 50%. Just put it on your list. 957 00:49:35,800 --> 00:49:37,440 Have a look. Have a look at it for me. 958 00:49:37,880 --> 00:49:39,920 Oh, you're watching? It working on this thing day in 959 00:49:39,920 --> 00:49:46,000 day out for seven months now through several different 70% 960 00:49:46,000 --> 00:49:48,200 drops. And when you came on, I said I'd 961 00:49:48,320 --> 00:49:49,760 kill myself if I didn't pitch it to you. 962 00:49:49,760 --> 00:49:51,880 So epic. Have a look at it. 963 00:49:52,880 --> 00:49:54,160 We'll, we'll definitely take a look. 964 00:49:54,560 --> 00:49:58,360 I love that, I say. I respect that a lot. 965 00:49:58,360 --> 00:50:01,520 I respect that a lot to 1400. People shoot your shot, man. 966 00:50:01,520 --> 00:50:03,200 You shoot your shot. I've been doing this for too 967 00:50:03,200 --> 00:50:06,320 long. I respect it, I respect it. 968 00:50:06,320 --> 00:50:07,920 You know I mean you know thing to Manda. 969 00:50:07,920 --> 00:50:10,320 What do you think of Murad was just quickly because we pinned 970 00:50:10,320 --> 00:50:13,200 the the entries for the for the robot giveaway in a second here. 971 00:50:13,200 --> 00:50:14,880 So we'll do that in Murad. You're probably gonna bring 972 00:50:14,880 --> 00:50:15,600 people lock. I feel it. 973 00:50:15,600 --> 00:50:17,760 But Mando, how do you feel about Murads NFT point? 974 00:50:17,760 --> 00:50:19,440 Because I know Murad. You said, you know, we came up 975 00:50:19,440 --> 00:50:22,800 with the NFT trades and stuff. Mando famously you know had a 976 00:50:22,800 --> 00:50:25,520 $10 million trade on on the board apes right when he he 977 00:50:25,520 --> 00:50:30,760 dumped 7 two of them on Machi famously last last cycle. 978 00:50:31,080 --> 00:50:34,320 What do you think of as of Murad's NFT thesis here? 979 00:50:35,320 --> 00:50:39,000 I think it's interesting because I actually think NFTS, they 980 00:50:39,000 --> 00:50:41,400 naturally drill themselves to meme to better community 981 00:50:41,400 --> 00:50:44,160 building than than meme coins. Because I I tend to find that 982 00:50:44,160 --> 00:50:47,920 when I mean NFT telegrams or discords versus meme coin 983 00:50:47,920 --> 00:50:49,400 discords, it's less about the price. 984 00:50:49,400 --> 00:50:52,440 It's often like, I don't know, I've generally found like people 985 00:50:52,480 --> 00:50:55,720 associated with our identity, whereas there's no like meme. 986 00:50:56,120 --> 00:50:58,560 There's been meme con, but there's no like NFT conferences, 987 00:50:58,560 --> 00:50:59,480 right? Like people aren't meeting up 988 00:50:59,480 --> 00:51:01,080 because they've been talking in discourse the whole time. 989 00:51:01,400 --> 00:51:04,160 That may change. And I feel like what you're 990 00:51:04,160 --> 00:51:07,880 talking about, which is like this sort of cult aspect, maybe 991 00:51:07,880 --> 00:51:12,040 we get to that sort of stage. But I do think that meme coins 992 00:51:12,240 --> 00:51:15,200 can go a lot higher in terms of market cap than than the top NFT 993 00:51:15,200 --> 00:51:16,920 projects. There's no doubt in that just 994 00:51:16,920 --> 00:51:19,160 because of the nature of them. This you can only ever have 995 00:51:19,160 --> 00:51:22,640 10,000 maximum holders of an NFT collection, right? 996 00:51:23,080 --> 00:51:25,720 And you can have hundreds of thousands of a meme coins. 997 00:51:25,720 --> 00:51:30,040 So like the actual the actual people shouting about it can be 998 00:51:30,080 --> 00:51:32,800 way higher. That being said, like the actual 999 00:51:32,800 --> 00:51:36,520 core community I tend to find with NFTS is more like they're 1000 00:51:36,520 --> 00:51:39,920 like Navy team, Navy SEAL team 6 right? 1001 00:51:39,920 --> 00:51:42,600 Whereas I fight with with meme coins is a bit more disparate. 1002 00:51:43,920 --> 00:51:48,040 They they are, but also a an NFT collection success. 1003 00:51:48,480 --> 00:51:51,920 It's kind of its own enemy because the floor price becomes 1004 00:51:52,440 --> 00:51:55,960 inaccessible to low income people and they can't 1005 00:51:55,960 --> 00:51:59,240 participate in it, while with mean points they can participate 1006 00:51:59,240 --> 00:52:02,360 at any price point. Yeah, no, you're absolutely 1007 00:52:02,360 --> 00:52:04,280 right. I love that Murad, Sam's do you 1008 00:52:04,280 --> 00:52:06,640 want to pick up put in the the picker here. 1009 00:52:06,640 --> 00:52:08,760 Let's see who won the rules. Just so y'all know you're gonna 1010 00:52:08,760 --> 00:52:10,880 have to come on the Twitter spaces if you win request to 1011 00:52:10,880 --> 00:52:13,240 speak and you'll see on the screen right now and then we'll 1012 00:52:13,240 --> 00:52:15,880 get you a spin. So while while Sam's brings this 1013 00:52:15,880 --> 00:52:17,160 up, Murad, I have a quick question for you. 1014 00:52:17,160 --> 00:52:18,200 Just chit chatting while we wait. 1015 00:52:18,400 --> 00:52:20,400 What do you what do you what do you, what do you have to say to 1016 00:52:20,400 --> 00:52:22,760 people who are like, you know, obviously questioning what 1017 00:52:22,760 --> 00:52:24,080 you're saying? You know, of course, right now 1018 00:52:24,080 --> 00:52:27,320 we're talking beginning of the show, like a lot of people, you 1019 00:52:27,320 --> 00:52:29,160 know, your main character, etcetera are like, what do you 1020 00:52:29,160 --> 00:52:30,960 make of of the people that are like, yeah, this guy's 1021 00:52:30,960 --> 00:52:34,080 delusional, like this is not working and stuff like you just 1022 00:52:34,320 --> 00:52:35,920 not give a fuck. Just keep pushing through. 1023 00:52:37,000 --> 00:52:40,280 I'm very happy that people think I'm delusional because that 1024 00:52:40,280 --> 00:52:41,880 essentially implies that we're early. 1025 00:52:42,600 --> 00:52:45,320 If everybody agreed with me, then there would be no economic 1026 00:52:45,320 --> 00:52:48,840 opportunity here. In fact, if absolutely every 1027 00:52:48,840 --> 00:52:50,920 single person agrees with me, I wouldn't want that. 1028 00:52:50,960 --> 00:52:54,720 In fact, I welcome all criticism, I welcome all hate 1029 00:52:55,000 --> 00:52:58,640 and I welcome all branding of me as delusional because it simply 1030 00:52:58,640 --> 00:53:00,640 tells me that we have much, much higher to go.