Yo-yo, yo, what up, what up? Good morning, good morning GMGM
Wednesday. Why is it so useless?
Because it's like not Monday, but it's also not like the week
weekend. I don't know.
Wednesday. Sorry.
Wednesday Adam March 5th, 2025. Look at that.
Another beautiful day to have a beautiful day.
I got my Co host in the house. Tyler, good morning.
How you doing today? Fantastic.
In the midst of it being so over, we have once again come
back. We we are back.
Are we? Some positive news over the last
the last 24 hours. At least a decent rebound.
Yeah, I feel like we're we're we're almost there, Yeah.
For Bitcoin, right. It's a Bitcoin market.
We we fucked this whole thing. I mean, actually we did it.
We thought that ordinals and ruins would be Bitcoin leverage,
but ordinals and ruins are worse than Ethereum.
So we have outs. Yeah, sorry, Bongo.
I know he's listening and he's. We didn't talk about the old and
fun thing the other day. We should talk about today
anyway, So that was so yeah. OK, we're good.
You know, you know it is I I, I will talk about this in market,
but I'm feeling optimistic ahead of well, at least the next four
days. How's that?
We think it's four days is a big outlook in this market.
OK, Four days is a big it's a big deal.
OK, I'm feeling optimistic. Anyways, today on the show,
we're going to do macro and markets with the great Mando.
He's wearing her shirt on. It's positive.
Let's go. And then we're going to do a
Tyler's Top 1000, a Robit loot box spin sign up.
Raffle bought that XYZ. There's going to be a code on
the screen. Raffle bought that XYZ.
Every single day except Mondays. We give money away on the show.
So come on a crypto punk. They're cheap now, so come on a
pump. And then last but not least, the
last but least, this was powered by galaxies.
Galaxies of Web 3 platform, empowering creators and brands
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follow at wallet connect on X and Telegram to stay ahead of
what's next. I really like this ad read.
I don't know why it just cracks me up every time that use that
blue logo. It's everywhere dude that is
legendary Mendo how you doing? But also, let's go to you
directly. Who is the man?
Back, old daddy of the man. Can you dig it?
GM everyone, Yeah, it's been a been an eventful week, hasn't it
already, man? Like yeah, all over the place
from 9th. What was it from 80?
2. Was it was I forget it was 82
to. 82 was the bottom this week. Yeah, 78 was Friday.
Yeah. So 78 to 95 to 82 to 91.
You also forget that was 9956 days before that.
And that's just Bitcoin, right? Yeah.
I don't know if you've made money in this market.
Well done. It's been hairy many, many, many
points I think. And today we're getting bullish
about Bitcoin again. I think we've all been saying
that looks like a strong long the Bitcoin versus crypto punk
trade in shambles it feels like right now.
Shambles. I mean I guess 80% of people
were right when I pulled them. Pretty decent size.
Like 333 thousand people said 10 lbs worth 10 Bitcoin.
Yeah. Bitcoin over temp.
I'm sorry. Yeah.
So I think we're in a very decent shape for this market.
I think right now I'm pretty happy with it.
We have obviously the announcement tomorrow.
I think we kind of already set up what our thoughts are or what
I thought my thoughts were going into that, which is that we're
not going to get anything close to if you think the Fed is
printing money to buy XRP, just like it's not going to do that.
I think what we'll probably see is some sort of outline.
I would be very unsurprised if if the US maybe partners with
Bitcoin miners, maybe becomes a miner in certain way.
Like that would unsurprised me here because that would be
relatively easy for them to do them actually.
Like buying is very difficult. Or at least it would require,
you can't just be like, Oh yeah, we're just going to buy Bitcoin.
Even the way that they, they could do it, which is via the
Treasury. There's like a, a, a bit of the
treasury which buys foreign exchange.
Even that would be like a very, very difficult thing to do
legally. But the idea that they could
like do some sort of subsidy for mining or like they said,
they're going to work alongside miners and, and maybe build up
supply that way, I would be very unsurprised.
And you've seen some countries do that, right?
But you've seen you've seen some of the Gulf countries get into
that, like Oman, you've seen Bhutan do that.
Obviously China like is rumoured to be involved in a lot of those
state enterprises as well, a lot of those manners.
So I think that would be the most obvious route for them to
get into Bitcoin alongside the the like the confiscated Bitcoin
that they said they're just going to keep from now on.
Also, like the commentary around capital gains, again, Trump
cannot, cannot just say no capital gains on crypto.
Like even when there's active order, that is not possible.
He he, you have to go through Congress, you have to go through
the Senate to be able to do these things.
So whenever, whenever you hear, oh, he's going to do this, going
to do that. Like you have to think, right,
Is this affecting spending in some way or revenue?
And if so, like that's not something he can just say he's
going to do. So similarly, like they may say,
look, we're going to try and push for that, but but that's
not something you can just do, you know, 0 tax on crypto that
would have to go through the House, have to go through the
Senate. It may be difficult to do.
You know, there's not many assets which have 0 tax like
that. So again, I'm just putting
people's perspective here because the timeline gets very,
very crazy about this sort of stuff.
And you're like, Oh my God, it's going to be pretty money to buy
Bitcoin in 0 tax. And that is a very, very
difficult thing for them to announce on both fronts.
So yeah, there's that, though it does seem relatively bullish.
There's going to be a lot of important crypto people.
It feels like they're including our boy, Mr. Frog.
Yes, yes, I haven't talked about this.
Yeah, I'm going to Washington tomorrow morning, but I don't
think I got invited to the summit, so I'm going for
something else, but it's related.
Still what? Still what?
In a secret room until Friday. You guys have a Libra party?
I'm going to the, the, the baby drinkers event, the, the baby
blood one. Yeah, the Freemasons one on the
on the other side of the, of the street.
No, I, no, we're doing some cool shit.
Listen, you'll see tomorrow we're doing some cool shit
because I was meant to go tomorrow, not Friday.
And then it so happens that the summit happened, right?
Because we're meant to do something March 6 at the White
House. And then this whole thing
happened March 7. I was like, what the fuck?
So I extended my stay one more day just in case I can catch
some dope interviews. You know, I saw that room there
that's like as a founder, like I saw that list.
I know it's not as the official list, but a lot of these names
are confirmed. So that list is not a source of
truth yet. I asked the on the decrypt side,
they said a lot of these names are are are are confirmed.
But like this is not the list, right?
Dude, that's the kind of room I want to be in.
I don't know. But you guys, I know you guys
probably feel the same as me, but that is wild.
I know Kal Simoni's confirmed, Michael Saylor's confirmed
because he tweeted obviously Sacks, Hoyt, Heinz and Trump.
I didn't see Vitalik or Anatoly post about this.
I don't know about you guys. Brian Armstrong posted I don't
think I saw CZ post. Those are the least likely, I
think, right? Yeah.
Brian Brian Armstrong's for sure.
I don't think he's in that room after he was leading prison in
America for a few months. So he's.
Never coming back to the. US.
Yeah, I think he, he's worthy of the room.
I just don't think the guy who was just imprisoned by the US
government, I mean that. 0%. Chance of that?
Paolo Arduino, I don't know. I mean, they're Ted.
Yeah. Lot, Nick and Tether are close.
I know the USDC is pushing hard, but Lot, Nick and Tether are
close. Who do we think?
Like, I mean, there's it's like, what, 25 people?
I I mean, the rumor was 25 people.
I know one of the white coughs. Is really as good.
It doesn't really, you know, like the vibes of an event don't
become that good if it if it goes too big, right?
Yeah, I think it would be. If you look up, they all had the
same I don't know if they coordinated, but everyone had
like the same post. Like I'll be attending the see
now it's pasta. But like did you see Kyle post
like it? Would it you think it was like a
media thing to like everyone had the same coordinated?
Probably. Yeah, see here.
I'll be attending digital. This one, literally this post.
I'll be attending Digital Asset Summit on Friday, March 7th at
the White House. What this administration does
their their Kols, they hype this stuff, so it's going to be a let
down if something doesn't happen in this room.
Say if sailor well 60,000 likes holy shit but.
What do we want? What do we want him to say?
That's I think that's what we kind of got to get into the the
frame of mind. Like what?
More details on the plan, like here's what a plan actually
looks like. Like are are they going to try
to push a plan to buy? Are they going to do it via
mining? Are they going to do it via
taxing? I don't know.
But like, let's get to some level of detail beyond just a
one sentence headline. I think they're going to.
It's going to be discussions, no decisions.
Does that make sense? Whatnick says executed.
Wow, he. Did right there was an article.
Surprised, but he said. Rumor, but then they're covered
it and the decrypt folks don't cover unless it's like, you
know, like proper sources. So it's looks like something's
happening. Here's what I would love to see
is some kind of delineation between a strategic reserve and
the sovereign wealth fund for the first time.
Will the US hold a big I love this market.
Look at the extension on Myriad. It serves you this market right
away on the article Will the US hold a Bitcoin reserve in Q1
guys, yes or no? I'm going to put 100,000 points
behind what we decide. In Q1?
In Q1, will the US hold a Bitcoin reserve in Q1, Yes or
no? Yes, it's 46%.
No, it's 54. Is that dude?
That's actually a crazy good market.
But apparently they don't even know where the Bitcoin is.
You hear about this like the Yeah.
Yeah, I saw that. I lost it, which I just find
hilarious. I know.
So what do you think? Yes or no?
I I. We've got it somewhere.
Q1, that's end of March. That's too soon.
This is going to be now come on. Like I, I'm even like a bull on
this stuff, but like that's 20. Five times you're going to owe
me 100,000 points. I'm good for it.
All right, good. There you go.
Boom.
Done. All right.
Anyways, Mando, I was telling Tyler leading into the show
right before you came in that I'm feeling optimistic for next
four days. Because only four days.
Because of first of all, today, this morning we woke up to again
like a bunch of you know, again, just positive headlines for
crypto as an industry. I know these have been going on
for last week or so two weeks, but it's good.
So that's good. Then I saw this this this Vlad
10F post as well talking how about how he sees crypto as like
Vlad from Robin Hood dropping a laundry list of reasons to be
bullish on crypto at today's fireside chat.
TLDR with a new admin, crypto rails will be the homeless to
stocks, commodities, private company shares, production
markets, memes, RW as cross composable and available 24/7.
So like you have Vlad 10 have just like every chance he gets.
Like talking about this, you have Larry Fink talking about
buying dips, saying every single dip is a buy.
And then of course, you have what Lutnick is talking about
with the crypto summit. So just the idea of something
that could happen. We love that in crypto.
You know, you guys know that whether it happens or not,
whether it's sad news or not, we'll see Friday, but we love
that. And also on top of that, let me
add we're what they said tariffs Wednesday, we are Wednesday.
Apparently there's a deal that will be made with Mexico and
Canada, either they meet halfway or there's going to be some some
concessions made. So that's also a positive.
And then also a Ukraine, it appears that Zelensky's down to
talk peace as of yesterday. And so if we have somewhat of
even even a tiny smidge of a hint of like a proposed peace
plan or a minerals deal that could be signed again leading
into a Friday. And you know our favorite
saying, you know our favorite saying, our favorite saying is,
I'll tell you in a second. Let me find it.
I love the genius of announcing strategic reserve on a Sunday
when traditional markets are closed and Wall Street sleeps
for the first time, retail investors win traditional
finance better catch up or it will quickly become extinct.
The world no longer runs on Monday, Friday, 9:00 to 5:00,
which means the crypto summit is Friday, boys, the headlines and
it ends at 4:30 PM 5:00 PM. It's 1:30 to 5:00 PM.
The summit that we know. That means the headlines are
going to start rating in after 5:00 PM low volatility weekends.
So I do feel positive, optimistic about this leading up
to weekend. And I'm saying that because I
also bought some crypto this morning, but I put my money
where my mouth is at least. But yeah, what do you guys
think? I it's.
It's telling to me that macro still looks like.
Like crap. Macros is fucking everything
right now. That's all.
Like I would have hoped for for like a decent bounce there in
the S&P and the S&P is is actually evens on the day.
And I think that kind of tells you that we're not out the
woods, like bring up the S&P chart again.
No, no. Just do it.
No. I think it's important for
people to just. No.
It's been a decent drop of. About 5.
Well, not even 10%, like 5%. The S&P was pumping last night.
The last 15 minute candle is like just one straight red
candle down. Right, Exactly.
That's what I mean. And then you would have assumed
that, you know, we had a slightly bullish sentiment
overnight in crypto, everything was was better.
And again, actually the S&P is down on the day now again so.
It just ruins everything dude. Like yesterday night this shit
was pumping and then like maybe 4:30 PM and just got slapped
back down and every single profit made in the S&P was given
back. Yeah.
So I think just just be cognizant of that really.
The theory that Trump wants the the 10 year to go down rates to
go down so that he can refinance EU s s debt.
I mean, it does make sense. And like Trump, he he mentioned
he called it a beautiful drop. And you're going to.
Drop so much you're going to be tired of dropping.
And he wasn't like he didn't, he didn't mention the stock
markets. I mean, he mentioned the rates,
right, OK. So like.
He that that is clearly what he is is focused on right now.
I mean, Beson talks about this a lot, right?
They're what they're they're counting 33 rate cuts this year.
Look, it's. A it's a very, very fairpoint, I
think. I think that's something that
that I wasn't really expecting is that, you know, the US is
currently spending over a trillion dollars a year and just
on interest payments. Just.
On interest payments and that that could go higher as they
refi. So it's a lot of money.
It's a lot. Of money and that's, that's
that's probably done like a 4X5X over the last few years and it's
just how you get there, right? Like we don't know how you get
how you get there. Is that the the Fed has to cut
rates drastically quickly and normally that means bad stuff is
happening. Yeah, All right.
Well, he's hoping to do it by. Balancing the budget, he's
hoping that there's there's other ways to do it beyond just
like totally crashing the economy.
There is. There is, that's, that's fair.
Like I don't know if a balanced budget though means that rates
necessarily go inside of where the Fed is.
Like the Fed's at 4 1/2 percent, maybe 10 year comes down a
little bit maybe. But like, like it'd be, it would
be a strange market to have the Fed at 4 1/2% and 10 year to be
at like 2, for example. So I do think we're going to
have to see some rate cuts there as well.
All right, we're bearish again. Never mind.
I'm really not. Bearish, like I still think I'm
a bullish environment for Bitcoin right now and some
select all coins, but we're not out of the woods on macro here
like the S&P. It's down again now.
I know. Macro just sucks.
But again, Monday to Friday we could buy Fridays and sell
Sundays. You definitely don't want to
move Monday to Friday right now. Like you def like did you guys
notice that every 5:00 PM we pump?
I guess it was the same thing and then we dump at 9:30.
Like we literally pump after hours.
So I guess you can trade crypto from 5:00 to 9:30 AM good for
Asia 1? Thing we haven't talked about on
this yet. I really do.
The the biggest take away for me from Lutnick's comments was him
coming out and saying, hey, those other tokens are not going
to be in the reserve. Yeah.
And like the the main reason that CT sentiment went to the
gutter Monday night was the whole crony capitalism.
Trump just wants to enrich his buddy.
His friends don't belong there. Lutnick has come out and said,
OK, they're not. They're not going to be in there
like they're they're going to be treated differently.
So I do, I do think that was a positive.
There was some wait and see. You're absolutely.
Right, you're absolutely right. So that's some good news.
Anyways, let's get to those headlines.
I mean, there's a lot, We also have a partner coming on a
little bit coin shift, so we'll talk about that too.
But I think I think market wise hang tight.
And like we said yesterday, just just just hang tight, OK?
Just just just believe in something 4G, NFT and crypto
analysis. Tyler T on FOMO hour calls the
kids paying. Folks, crypto majors up five to
6% here today after some potential tariff relief
headlines came out along with more reserve news.
We had those odds of Trump dropping tariffs because Mexico
and Canada spiked to 60% on Polymarket yesterday after news
that he may reach a compromise. And then early this morning,
Commerce Secretary Lutnick saying the Bitcoin reserve to be
executed on Friday and the other tokens will be treated
positively but differently. So it still remains to be seen
what that will entail. USDC became the 1st and only
stablecoin to be approved for use in Japan.
Jeremy shared that this morning or yesterday, Reddit Co founder
Alexis Ohanian announced he wants to buy TikTok and bring it
on chain. So some surprising news there.
the US Senate voted to overturn the IRS rule.
Apply the definition of broker to D5 protocols.
Mexican billionaire. We said this yesterday, but
Ricardo Salinas says 70% of his liquid net worth is in Bitcoin.
That's up from 10% in 2020. And in Metaplanet, the Japanese
MicroStrategy, they added another 43 million in Bitcoin.
They now hold 2888 bitcoins. That's getting pretty
significant there. In token AirDrop and protocol
news, Ave. announced a new token buyback program proposal to.
Be approved. Along with some new Avenomics,
it includes $1 million a week for six months of token
buybacks. The across protocol announced a
$41 million raise led by Paradigm to accelerate their
product development for their E bridging platform high
framework, $14 million Series A for the proof of liquidity
protocol on Bear Chain. And then Rumble Congling, Rumble
Congling, shout out to the old NFT days.
They're bringing their fame token on the Ronin here on March
11th. A few other meme coins showing
signs of of life here. This BLOB presale on AVAX it
opened up at around 75 million. That was a 75 X for presalers.
AVAX saw a a huge spike in active law.
It's in the wake 350,000 on Tuesday, about 3X than previous
local average. This quiz mean on Solana first
runner we've had in a few days hit 30 million back down at
15,000,000 this morning. Oh no, there's a Henlow token on
Bear Chain. I know.
It's a different. In law, mine's going.
To 0 it's 50. 5 million and grinding up so a handful of
tokens doing OK out there I found.
Out today there's a YEET token on on Bear Chain which I wasn't
aware. I mean yeet is a pretty common.
That's what I. Was like in her, like the yeet
token's a yeet today. And then suddenly some
Barrachain people were like, yo, apologize, Barrachain people,
We're not trying to attack you. Yeah.
Yeah, yeah, yeah, yeah. I mean, what's up with the eat?
Like what is that we'll find? Out.
Got some more stuff coming out today, tomorrow.
Is it tied? To Kanye West.
I'm never going to happen. Something that myself, KBM big
team has been working on for for over a year now.
But yeah, I'll let you know. Yeah, I saw.
The I saw KBM changes PFP to something purple, so it's must
be coded. Ye it's nice username though.
You got IE username. That's not a lie.
That's ieyou.com two time you you you cooking you cooking.
I love how my time. I have no idea what's going on.
Anyways, I actually don't know. Anyways, Tyler, top news, baby.
Take us through it. Yeah.
I mean, we talked about the reserve.
That was definitely the top news.
I think this Ave. buyback is a pretty big deal.
Buybacks have been hot. We've been talking about, you
know, D Phi, D Gen. D Phi.
So this plan for this next phase of Aveenomics dropped yesterday.
They're going to be redistributing excess protocol
revenue. They're going to deprecate their
lend token. They're going to restructure
their liquidity and then introduce this buyback and
distribute program that that's clearly what everyone cares
about. It's mandated to purchase $1
million of the Ave. token per week for the next six months.
It's going to be financed through their monthly treasury
allocations. OK.
Once they're going to. Go into a quarterly review
system and then the buybacks are going to be sized according to
how protocol revenue is trending at that time along with the
Dow's overall budget. And then they're also going to
formally end the lend token migration and reclaim 320,000
Avenue $65 million and directed into their ecosystem reserve as
a part of this as well. So pretty big news, right?
I mean, Ave. clearly one of the, the leaders in D5 the market
loved the news. I think it was up 25% when I
checked this morning. So there's another like this
trend is clearly growing and being stronger and I think we
can expect more of it now. I mean, Ave. looks like a pretty
strong continuous. It's a lot of ongoing by
pressure. They're killing it.
Man, that's right. That actually looks pretty good.
Another line. I spoke about this for a bunch
of these actually. I went on the nifty portal.
What was they called that Bodogo show?
Bodogo? 'S end.
Yeah, me and me and PO spoke about when did you do?
That yesterday we. Spoke about microstructure,
yeah, yeah, went on there doing the doing the circuit and if
you, if you bring up Artemis dot XYZ, you can you can see like
the XYZ. Data standard for digital
finance, is that what it is? It's the one.
And then you look at token revenue points to terminal.
Wait, this is nice. Oh yeah, yeah, yeah, I've seen
this. This is one of the best.
Ones I think in my opinion, but yeah, if you go to projects.
Projects and then you. Sort it by annualized revenue,
30 day might take a little bit of time to yeah, you can kind of
see that if some of these D5 protocols move this way in the
same way that you know, radium did, Jupiter did, I thought
Jupiter. Started to buy back yesterday.
Yeah, they make a lot, right. Like the whole I think it was
really just preserved like hyper liquid and and radium before.
But like that's why maker people get bullish on maker, are they?
Yeah, it's not loading. Wow.
It must. Be me.
No, it must be me. My, you know, my Wi-Fi is
fucking trash anyway. Oh yeah, yeah.
And yeah, they make decent amount of money.
So, so you can look at these that pretty, pretty confidently.
I think Ave's kind of ingrained in so much of D Phi, right.
So it's not one which I think has it has a pretty strong Moat
that one. But yeah, I think, I think D Phi
as a sector has broadly outperformed this sell off
things like maker, things like well, I guess bearer and and
Sonic Bear's killing. It yeah, was strong.
Before, but had a weak period, but like over the last month,
for example, they've done well and then what else would it work
class into that? Like yeah, I think Solana Defy
got got hammered. But but other forms of Defy have
done relatively well, particularly Defy.
So I think I think D5's hit. I think it was quite telling
that that quiz meme is at 15,000,000 and not like 150
million, right? Right.
You that that quiz thing like I was thinking the opposite.
I was thinking that everywhere. That meme I didn't.
Catch it, we should talk about that the Tyler because it was
the daily router. You know, when, when I go to the
notification of Tyler posting a daily router, I was dying
laughing because I know he fully stopped for a minute because he
used to like there was always one daily.
So he would post like, hey, like, but I obviously like he'd
be careful. Like you'd never post like on to
like 20304050 mil. But anyways, like, and I start
yesterday. I was like, oh, we're so back,
We're so back. And then I asked him why we
missed it. But let's talk about that.
I someone just commented on that thing saying I forgot what GD
fans actually looks like. Well, yeah, part of the reason I
could clearly pumped into the Trump speech last night.
Yeah, obviously. The joint houses of.
Congress and JD was just featured behind Trump, right?
He was. Right there and his.
Facial expressions were just hilarious, right?
Like he he looked like a little kid.
He was just like when they. Booted the guy out, the Al Green
guy when they booted him out GD events like.
Yeah, I know. It's real loud.
So that was hilarious. And then like, that amplified
the meme. But like, of course, and in
hindsight, like, that was the attention of it.
And now it's been selling off here since.
Then if if. I were him, I would lean into it
like the funniest thing that he could do would be to post it.
Do you know what I? Mean Trump, would he?
Would get so much credibility if he just posted it and owned it
rather than it just being this like Internet sensation that's
happened and him just acting like it's not that I was if.
I. If I was managing him, I'd be I
post it and say say say please. He actually.
Seems like the kind of guy who would do that.
I mean, yeah, he does. He's obviously a sharp guy.
He's younger. Right.
So if it's possible. It's non 0 like I'm not saying
that's a pump please, I'm just saying it would be Oh yeah that.
Thing's probably cooked right now.
I mean in in a bowl bowl like raging like this token would
have gone to 100 million a day probably to 0 the day after.
But it looks like the ceiling here was 203030 flash 2025 to 30
mil. Not bad.
Where is the vape cabal? Like it's starting to get a
little bit crazy to me that like they've literally just all
stopped posting. Are they?
Like I even messaged TG and I was like, dude, like what the
hell is going on here? Like, well, the answer.
You are you going to be? Wallowing forever or you just
like you know where they are. Where are they?
Well, you know, you just. Talk to the threat guy.
No, no. I.
Just messaged him, he didn't reply.
I don't know, they're taking a mental health break kind.
Of Wild Well Rasmus. Said that Frank is low key
trading. Sure he is.
He's got the anonymous wallets now, right?
I mean when you're. Hooked.
You're hooked right, like you're not just going to stop trading.
I don't know dude, I don't know. I mean, hey, the right guy.
If you want to come on the show, just chat.
We're here. I mean, they're they're all
welcome to come on the show and have a chat.
Hey, they should clip that. Where's the block news guy?
You know, I don't know where they are.
I haven't spoken to anyone. Banks have been tweeting here
and there, but he's like more of a personality outside of crypto
too, right? Like he has like the phase stuff
going on. So it's not like he can't just
he can't just like leave the surface of the earth.
But no, I don't know. I don't know.
I have no idea. We need daily runners.
So would be nice. Then you got to.
Take a look at at AVAX. Yes, let's speak about that and
I see Tarun here in the in the in the studio.
We'll get to you in a in a few minutes here, but let's talk
about Avax, that BLOB BLOB. Is that what it is?
Did you guys get into the pre sale or the weightless was it
was list? Is that how it worked?
And then I. Pulled up the application and
then I got lazy and now I'm slamming my desk and now you're.
Poor. An application where a $500
allocation, which was like the average that people got that was
it's like a 65X here. So it's worth $30,000.
They raised it a million and the the top one, the top alloy was
$1300.00. So that's six figures now.
Wow at these prices. My my objective take was that
these were going to be descending roller coaster loops
like how are you going to continue to have these just like
massively public and hyped pre sales and like so this is the.
Third one right, This is the. 3rd So you have cat which is
still cat's up 30% at 330 million.
So it's doing well. Holy.
Shit, Avax is cooking. Yeah, it's doing very well.
That's the one that people think has a shot to like, go to a
billion on AVAX Char looks pretty good.
Wink. Wink got destroyed, so it looks
like Wink got displaced by BLOB. Wink was the second one.
Oh wow, yeah. Yeah, yeah, you can still win.
BLOB launched and now. There's like already like hot
new pre sales running for the next one and like they're all
that's like the kind of same cartoon animated style.
So I mean, people are going to continue to compete for them,
but who, who's lining up to buy the, the pre sellers 50X every
week on AVAX? I guess I just need to say a
little bit more substance like what these memes are.
But I, I will say like we, we, we're talking like, what's the
fairway to launch pre sales? And this seems to be like one of
the fairest ways to launch a coin, right?
Correct. You open up.
Applications people got to buy in and then if you want to buy
it on the secondary market you can so they're having some
success and clearly AVAX is cooking their unique addresses
are up to 350,000 three X yeah where they were so they're
benefiting from it it's. Definitely working.
Mandy, you didn't get in the blood presale.
You're a big. AVAX guy I I.
Saw it and I was like what the fuck is that?
Like it's funny. Though the character is funny,
I'm not going to lie. Yeah, it is funny.
Yeah. I don't know.
It's just, it's just so. Redacted.
It's funny. I don't know.
Real quick, I know. We got to go to our guest on
Bear Chain. This Henlo token this.
Yes, so like. Yeah, there's now this beef
between I guess it's been going for a while, but like Sina's his
Henlo token, which is tied to like, yeah, which by.
The way what happened to all the big CT guys talk about Henlo
every day, that base one and then just dumping it to Valhalla
and meanwhile I get called out by Jesse for selling tokens when
I've been holding my handle in my Gaias for over one year.
Like what But now? That the Yanni guy who's who's
he was a seed investor in Bear Island he's behind Romain he
he's building out this mechanism to full port from the other
Henlo token on base to his token you're.
Kidding me? So it's a, it's a real PvP that
is the. Most insane PvP thing I've ever
heard of in meme coins. Yes, like Mando.
Had the dust to a buck thing, whatever.
Like that's a duster within the same thing.
This is insane. This is a tool that helps you
sell your handle on base for handle on Barra.
Yeah, I just, I just sent it to you.
He's working with Gun dot. Fun kind of ridiculous name Gun.
Dot fun. And and yeah, it's I'm quoting
to make it easy to port from Henlo card on base across the
Henlo on Barra in one click. That is insane Oh my God.
And they got at Henlo. Oh my God this is insane PvP
bro. That.
Is insane and when on. Barra, I mean that chart looks
pretty good. Dude, Barra looks good.
Like the whole ecosystem, all of it, the underlying asset, the
ecosystem, like absolutely everything looks good on there,
right? What's Berra trading at right
now in this market? 650, I think it's down a little
bit from last week's guys, but. 650 is really good.
It's hanging out, just chilling, huh?
Did you see yesterday the short squeeze on Kaido?
I missed it but I saw it was back up today.
Dude it. Went to 140 and it squeezed the
shorts to $2.00. Wow it's insane in like 1 candle
guys seems. Like a bad token to try to be
short to me. Yeah, I mean, especially when
supply is heavily like locked, like anyone could just like fuck
you up. So there was that, that was
interesting. And then there's there's a pre
stain, there's a handle saying, see, there's still, there's the
BLOB thing. I mean, there's still stuff
going on. You just got to really, you
know, it's tough. It's tough.
You got to be active across different chains.
And it's not like it's like several things happening on
multiple chains at once, like one thing happening to stuff.
So you can people have money on every single chain at all times,
right? So it's tough.
Anyways, another news, I don't know if this is news, but 20
minutes ago Intel pretty clear Fed is going to lower rates per
Mcnutchin. So I don't know what that means,
but you know, means.