Yo-yo, yo, what up? What up?
Good morning. Good morning, GMG Friday.
Friday. Friday.
There you go Friday September 20th 2024444 look at that
another beautiful day to have a beautiful day.
I got my Co hosted house. Tyler, how you doing today?
Well, I'm good and bad. I'm good because it's Friday and
it's been a hell of a week. I'm I'm bad because I did not go
10X long salon. It's almost like we set it on
the show every day that there's going to be a break point pump,
huh? So obvious it was the easiest
trade I mean. This was like at the absolute
easiest trade on earth. I mean forest worth.
I didn't go along either anything I just didn't feel like
trading this last few days and stuff Definitely definitely wish
last night before bed. I actually looked at 1:42 and I
was like well talk it. The Singapore thing just
started. I was going to bed.
I listened to 1st like 20 minutes.
I was like regardless of me listening or not it's going to
go to 150. I woke up it was there, but you
know, it is it is what it is. Definitely it's definitely a
good coin. I mean the technology's
incredible as the price goes up. So but I'm sure we'll go there.
I actually want to talk about break point day one and break it
down for people. So I'm sure you had this plan
already, Tyler. So it's like let's we're we're
going to do that today. I'll show today today.
Well, Amanda is not here today. He said he was going to be quite
late. So you know what?
Take the day off, take the day off so he can he can vibe with
his was fam jam. So man is not here, but we'll go
through the market report as usual.
Then we'll go to Tyler's top 100.
I'm sure we have a million things to to to talk about.
And then last but not least, we're going to go through the
robot spins. And I have a feeling, you know,
lately when one of us is missing for some reason, it's a big win.
Like I was missing. There was a boy, a boy, and I
think one of us was missing was him lady.
I think, I think when for some reason, you know, maybe that was
the reason why there wasn't some mega, mega big win.
So everybody make sure we tweeted the pin tweet, make sure
we tweeted tour the spaces, follow for more enrollment and
we'll get going. And last but not least, this
show is powered by Galaxies, a no code Web 3 platform that
empowers creators and communities to become owners.
Check out Galaxies XYZ on X For more information.
Anyways, Anyways, anyways, without further ado, shall we,
Mr. Tyler? Shall we get right into it?
Should I start with you? Should I start with your Jingle
this morning? How would he do this?
I could do my best man, no impression and try to give us a
quick, oh, market report. Let's do it before diving in.
So it looks like crypto majors were up pretty big this morning.
It looks like bitcoins flipped red here.
I just touched the 62,800 ETH up nicely on the date 2525 Seoul
leading us up at 147 was over 150 this morning.
A bit earlier, I think the macro news we were waiting on the Bank
of Japan decision and they held their rates the same.
So I believe that markets will respond, you know, well or
neutral to that. So it's not a, a negative.
In fact, we saw stocks pump yesterday all day.
It looks like they're they open slightly down this morning.
So just kind of a, a bit of a perhaps small pull back after a
huge Green Day yesterday. We saw sailor, it was announced
this week that he's he, he, he raised the capital to do a
billion worth of new Bitcoin buys and I think he's done half
a billion in the past week. So there's also a chance here
that the the Bitcoin pump that we saw was largely sailor
driven. So I don't know if that's
necessarily good or or bad, but that is a a big driver of the
action. And then Sims, like we were
looking at the salon chart. It's probably worth pulling up
the salon chart just briefly. My gosh.
Wednesday ahead of the CPI decision.
Salon was 128. There you go.
Look at her, look at her. Just rocked it up to to 150.
Isn't she lovely? Is.
It was even more lovely about whenever Solana pumps like this
right is the the good mid tier memes.
They're all up. They're all up 20 to 40%.
Isn't that the fun part? It's it's like the it's the
classic ones too. It's, it's Giga Michi or a lock
in. It's a lot of the ones that the,
the boys in the trenches have been holding.
It's not, you know, random ones pumping.
So yeah. You, you you'd love to see that.
I haven't even treating that. I have this.
Yeah. I have a couple questions.
Just let go now and then. They're up with sole or up with
sole. If they're not up with sole,
they're out. And if they're up with sole,
then when they're up with sole, we leave them.
We keep them. You know what I mean?
Yeah, that, that's a good rule. I think MOG up nicely off the
bottom of spec at 450 million. How low did?
That go than the dump 250 yeah 250 ovi think.
I've been all the way to 250. Ovi bottomed it completely.
Yeah, I went all the way to 250. Let me pull it up for you.
Hold on. I have to prove that I'm a human
to deck Screener one second. There you go.
See, it went to.
I'll tell you right now. It went as low as.
Yeah, here. So that's about 250 mark market
cap, but it's nearly like 30 forty, 40% lower than here.
Something like that, bro. So yeah, definitely.
The chart looks good. Marg looks good.
Marg is always look good honestly brother like it's like
1 chart on crypto where it's like obviously like been a
holder since day one and still am the IT was 40.
It's 44% move up since the bottoms.
It's not bad. You've got Pepe way, way above
it, right? So it's got room to run.
Because of that. You've got Popcat still 2 XI.
Know it's on a different chain but I feel like Mog and Popcat
are kind of like in the same. It's like Mog and Popcat is Pepe
with, you know what I mean? Like if you, if you go per, if
you want to like just classify things one and two, like one and
two of a theorem is clearly pog Pepe mog, right?
I'll just say Pog. They're both Pepe Mogg, but like
one and two of Solana is with Popcat, right?
I think so. I think it's fair to say to, to
make, to say that, you know. That's that's how I think about.
It does. Does MOG, So someone saying, K
dude here. Does MOG feel undervalued
compared to the rest? Hey, by the way, I mean, we're,
we're chilling. We're Friday.
We have some topics to go over and we have a lot of time
because just two of us. If you have any questions, just
like throw them in the comments on YouTube and X and may as well
just go through some stuff. I'm going to post a broadcast in
a second here. Sorry, I'm, I'm, I'm trying to
do both at the same time. But anyways, what do you think?
Does MOG feel undervalued compared to compared to
everything we just talked about? Pepe's 33 billion riff is 1/8
O17 something Popcats. Let's call it a billion, right?
And MOG is 450. I think it does look kind of
bad. Yeah.
I think it looks like one of the better buys out there.
Like, if you think that memes are going to have another leg up
here this cycle, which I do. I mean, it, it got hurt the
most, right? And I think that's kind of like
what MOG does. Like it pulls back hard and then
it just rips violently. Yeah.
I mean, it looks like it kind of printed like the the chart that
you're sharing, it looks like it's still kind of grinding up
like higher lows looks kind of bribed.
Yeah, it's it's definitely looking really good.
Let me just quickly pin the the video to the top of this.
I'm going to start doing that because I feel like a lot of
people don't realize the video show is what's up.
Video show is the best part of it all and let me re pin this.
I do think as well. It's always been that way.
This The thing is just this coin.
That's why I tell all the time, like like before he like I think
I flagged him. That was like 250 and then he
was like fucking it's so funny. I'm like flagging them.
I say, Hey, OB isn't 250,000,000 mog was weird.
And then two seconds I was like, I just bought.
And then he goes X amount. Do you want to talk how much?
But he's like, I just bought like XK and it's like usually in
the yeah and bottomed it. But but I don't know.
It's just always it's the one coin where like I'm comfortable.
Even though people are calling for the death of memes and
everything, which looks like they were all very wrong so far
at least. But we'll see.
Don't want to get ahead of myself.
Like it's the one coin where it's like OK like whatever.
Like I could be down quarter $1,000,000 one day and I'll
sweat it, but I could be up a quarter million and not want to
take it off. Does that make sense?
It feels more Lendy right, because it's been around so much
longer. It's like you had the the nine
months where it was just low and accumulating, and then it it
shot up. So it it survived that and not
many of the newer Solana means can say that, right?
So there, there's still that doubt.
Like will they actually make it? Which is why we're just proving
that it can. So yeah, yeah.
Looks good. Absolutely, absolutely love to
see it. Let me see something.
Hold on what what 9943 followers in football?
Honestly, I may not do the aerobic giveaways today if we
don't hit 10,000. Like I, I mean, I mean, I'm a
gig keep, you know, why don't you And I get a spin, You know,
you know what? Producer.
Needs money as well. Thank you.
What don't you? Yeah.
Hey, hold on. Let's do what?
What don't we get get this pens done for you and I?
You know, it's 9000. I could use.
I could use a punk. Yeah, I could use a punk too.
I mean, look at this 9943 for people who show up 202 shows in
a row and actually before there was 600 others.
So you know, you know, you know, you know, so look at that.
Come on, come on, fam, do something.
We post good content too. Sims and the team have been
cooking these clips. You know everything you love to
see that there's a there's a lot of good stuff on there anyways,
and remember raffle bought that XYZ is where you're going to go
and put a code later on and get going anyways, Tyler, I mean,
market wise, look, we're looking good.
You know, let me just do a quick little rundown of the prices.
Top winners, top losers. So bitcoins at 62 six Ethereum
even Ethereum is up there. You go see the haters out there,
$2500, Solana's 147, and then you know, the rest is is all
pretty much doing pretty good here on that front.
Top gainers, we're looking at sui again, 11 points, one fit.
Holy shit. Huge week for Sui.
How much is that up this? Week 50%.
Pardon me. I believe it's up 50%.
Check it. I am currently on my way to
checking it one second. That's a huge move, right?
This is the weekly OH. Yeah, look at that.
This is the Weekly. That's pretty.
Fuck. Also, that was another trade
that's just staring at you in the face, right?
I think I need to get back into, you know what I got really
chopped bad for on a few trades in the summer so I got like PTSD
again. I need to get back to my Q4
trading style. Q4 trading style was.
I am convinced it's going up because I know my shit.
Well, I thought I knew why this. I know some of it right?
You could fill Q4 salon was in a pump right?
We're shoving. You know, I think we need to get
back to Q4 mentality here. What do you think Tyler?
Do you think ways to is is well on the way?
I do, I, I I'm trying to get back into the trenches again,
start trying to trade things a little bit yeah, back to start
slow, you know, lower dollar amounts just.
Just I mean, let let Bitcoin reclaim 65K ish, you know, like
let Bitcoin like really show more strength because there's a
chance that Bitcoin here like just like we were talking about
this strange yesterday with mine though, right?
So let's just put up again. You know, there's a chance
you're looking at, you know, we always make fun of lines.
But what if, look at me, I'm doing TA now I'm an astrologist
just for everybody who's listening that's new here.
I think TA is astrology for men. So don't don't even think it's
not even, but it can help you tell a story.
Maybe there's a chance we do this end of this.
So if this is one more, at least it feels like it's only one
more. You feel me, Tyler?
What do you think? I agree.
I think that that outcome makes sense.
I think we're going to see a lot of fun on the timeline.
So if if Bitcoin doesn't get back over 65, it'll mean it's in
the lower high. So people are going.
To I love that please, you know what I hope it doesn't make I
hope we do a lower high OK and that we see a ton of fudge
shorts piling and then the final squeeze and that final squeeze
the. Final squeeze.
Is going to be the beginning of wave 2.
You know, go straight to 80. Because I was told that
September historically is terrible, but if you look at the
monthly here, Tyler on Bitcoin, there you go brother.
Check it out. Shh, God damn it.
It's not not not that bad, huh? So September.
September is green right now, huh?
So yeah, it's going to be. Wizard calls this a bull hammer
and tends to be right. Tends to be right.
It's gonna be hard for September to close.
I mean, I don't want Jake say I'm just.
Going to no, no, no, no, no Tyler, this is where we move on
to the next topic right so this is where because the just to
remind you the lowest 52 so we don't want that OK we.
Don't want to go back? There for it to turn red we need
52 Ki. Think 52 K would be pretty bad.
So however starting a historically green month on the
flip side which is October at 52 Ki.
Don't mean to sound selfish, but.
That's another 10X long spot. Yeah, well, this time around,
okay, this time around, okay, everybody in the Stew and
everyone you know, yeah, we're going to call each other out if
we don't fucking send that, you know, if it hits in the 565758
again, I will personally go in the chat and call you Sims
everyone out If you guys don't do it and vice versa, you should
do the same. But anyways, Tyler, I mean,
there's what the next thing. I mean, you were talking about
Solana. I do really want to talk about
Solana Breakpoint because obviously this is the news of
the day, right? Like yesterday night I tuned
into on Solana's account live that don't you love 2024?
You don't have to go to Singapore.
You watch a perfect Apple ask production live on Twitter, on
Twitter video. Isn't that amazing?
So it was live last night and we had the video to that replay.
I mean, and take me through what's the big news of Solana
Breakpoint? Yeah, it's it's fantastic.
So it's long break point off to a light and fast start.
Major updates from Fire dancer, Jupiter Mobile, Hello Helio
Phantom and Franklin Templeton. So fire dancer is gone live on
test net, Fredman dancers on main net live and they're
they're already saying 20X plus performance increase.
We knew this was coming, but it looks like it it's going to live
up to the hype. Jupiter Mobile integrated Apple
Pay, Google Pay and credit card for easier onboarding.
They also launched Ape dot Pro so we can go into that here in a
little bit. Helio Pay is now allowing
Shopify merchants across the world to sell e-commerce
products on X via the Solana blinks technology.
So blinks sticking around showing more use cases.
Phantom has introduced new embedded wallets for easier
onboarding and then Franklin Templeton, 1.3 trillion, our
asset manager, they're announcing plans to launch a
mutual fund on Solana. It's 5 big, big headlines.
I think there there's even more from day one, but those are the
five bigger ones that that that really jumped out to me.
I think Fire Dancer is huge. I mean this Franklin Templeton
that's also a massive 1. I think there's this narrative
or just thought out there that all of the big financial
institutions, we're going to come tokenize funds on Ethereum
and we're starting to see some early examples that, you know,
Slava may be throwing his hat in the ring for for the
institutional money to. Come, I mean, yeah, 100%.
I mean, we'll see what what happens with that foot.
But you don't, you know, Tyler. So I was looking like ultrasound
money these days. It's feeling nice.
It's feeling nice to see all these news.
It's almost like all you had to do is just stop reading the
timeline and hold your soul, even if you were not into, you
know, trading and everything. So it's it's pretty impressive.
What do you I mean, we were talking about fire desks.
We even on the show like months ago, like just go away for break
point. They always do that.
There's always a break point
pump. Then there's always maybe, you
know, sometimes a little sell the news and sometimes not sell
the news, but you know, there's always it's like it's like a
classic dude. They always hold big news for
that, you know, rightfully so. Yeah, and rightfully so.
I think the the take away here, like one of the the main
negatives of Slana and people like poke fun that it it goes
down from time to time. It seems like a fired answer
that should be a thing of the past.
Easy, easy. It's Bodega.
He's been sharing a lot of nice takes.
He had an interesting one this morning.
I think he's been closer following all this live than you
know I was kind of catching up this morning just on Twitter.
His TLDR everyone's going mobile mobile first is the theme
getting more crypto apps on the App Store meme coins bigger than
ever traditional finance entering aggressively and made
your brands hyper focused on being faster better UI, more
customer focused. I mean, that's a good those are
good focus areas. So good I.
Mean. Mobile does seem to be one of
the next like people have been asking like, So what is the next
narrative? It's.
All mobile. Or crypto and it does seem like
mobile. Jupiter Mobile's big bro, you
know, Moon shot. That was their narrative.
I mean, it's good for meme coins and Jupiter.
I mean, man, Jupiter is such a good company and brand.
Dude, I've been a fan for a minute.
Like the show knows, but like, it's just like, it's just really
good product, man. It's really good.
It's a good business. Even JLP has been good for
people. I haven't been jumpy at all.
But no, obviously Mandovia has talked about it's a lot you've
talked about Easy's talked about like it's just man, like, I
don't know, man. Like the narrative around
Solana's really good. You know, the narrative around
it. Like, I know a lot of people say
what's the next album's next L1, but like, it's almost like
Solana hasn't even cooked yet. You know what?
I mean, let's let the Solana trade play out before we really
start going down to the next one.
I want to take a look at so where how's Jupiter doing is
Jupiter, I feel like should be. Jupiter is an interesting play,
yeah. Let's look for it.
It's up 4%, so it's at 1.1 billion that's 8.4 FDV decent
size. So that their update for their
their new ape dot pro no seed phrases, so everything's account
abstraction. Of course.
You can log in with Google. That's another, I think big
trend we're going to see in the crypto space here Q4 and in the
next two weeks, account abstraction.
I mean, brother, that does not look bad to me.
You know, like, and we're going to get back to this point in
this cycle where you have another big cycle, big play.
Like, everything's a big play and everybody's going to sound
like geniuses, of course, but like, you know what I mean?
If you want to bet on infrastructure or protocols,
infrastructure's not the right word.
But if you want to bet on like Solana Beta, that's not a meme
coin. Like, what are you going to?
What are you going to bet on? I feel like Jupiter's got to be
#1 right? For Solana beta, I do think that
Jupiter is the best #1. Within the ecosystem, I'm not
talking about like AVAX or something like.
That no with for Solana it is the best beta above any name
coin in my opinion. Yeah, because if because it's
safer. So even though meme coin may get
more gains like yeah, popcap will probably do way more XS or
even flaw will do more XS in Jupiter, but I think Jupiter is
the safest right? Like if I have to beta.
Yeah, you can go to sleep with it.
I mean, if you look at that, I'm just, I'm looking at the yearly
chart on Jupiter right now. I mean, it looks like it
basically put in a pretty pretty.
Soft now it's back it's back exactly where it opened pretty
much that's very important point here right like this is where
like if this shit breaks out like you know it could get nasty
in a good way I mean look at this you're here you're here
this is exactly where it opened right Remember the top top take
of the of the open right there yeah I.
Point in four, put in like $0.65 and.
Simulation. High SO.
Yeah, you're looking good. I mean, you're looking really
freaking good on a lot of coins, man.
This is, like, the right time to get involved in crypto, dude.
Like, for people who think they've missed out because think
about, like, how many people got, like, wrecked, you know?
And now it's like, all good. Oh, look who's here.
Look who is here. Look.
Yeah, baby. Who is the man?
Michael, Daddy of the land. Can you dig it?
Gee turned up late. I'm sorry about that guys, dude.
You're totally fine. We've been, we've been actually
just jamming talking about break point, talking about Solana.
We did a little Bitcoin talk. We've been we've been drawing on
charts. We've been, you know, doing a
little astrology, but we were deep in break point right now
Mando talking about fire dancing and everything.
I mean, that's something you and I talked about a lot last
quarter and we're like, yo, it's going to come up at break point.
I mean dude, how you feeling? How do you feel about this?
About break point. About the whole thing, have you
followed what's going on? I've been, I mean breakpoints.
Someone described it as it's the closest thing we have in crypto
to. Apple, right?
The Apple event, and I think that's very, very true, yeah.
Like there's always new stuff. I think you know, this fired
answer on test net. I, I kind of already thought it
was on test net. I didn't actually know that was
new news, but the fact they're doing a million TPS is.
Crazy is. Is is good And then the other
integrations sound good. Like for example, we're about to
do some much for Epic. We're about to do like, there
you go, some football kits and. I.
Need that. Oh, I need that.
Yeah, Yeah, it's going to be in the next week or so.
And it was going to be done by Shopify and and they announced
that you could do that on X now. So we can have a Shopify link on
X, you can buy stuff on X. Look.
Who blinks? Stupid nice.
So I was like wow, that's cool. So immediately I was like, I can
see how I can use that. That's, that's awesome.
And I figure out what the other, the other one, I'm trying to
remember what the other one was, but it sounds like they're going
to keep on doing big things. I don't know.
It's always difficult to work out like what's priced in or
what expectations is it seems to have in a period of time where
Bitcoin went from what, 59 to 63, Solana went from 1:30 to
1:50. So salon's up like 15%, whereas
Bitcoin's up 10. So it's definitely outperformed.
It's pumping. There was a it seems as though
that was one of the major themes of Token this year was, and I
think even Carl Simoni from Multicorean Capital gave that
speech, which is, is Solana going to flip Eve, which was
like a very, I think people are tired of the narrative, but it
was something that everyone was talking about still at Token
2049. And I think the general
consensus was that it was too accepted that that, you know,
Solana was going to like flip Ethan, that everyone thought
Ethan was dead, all this sort of stuff that being like this sort
of stuff is cool. Like this stuff doesn't really
happen with that often, right? Like they don't, they don't have
that sort of these sort of events happening at the moment.
So you can't deny it's Lana's ability to market itself is
better than any other chain by multiple multiples at this
stage. I was just writing that so on
big point event was on the most exciting moments of crypto of
the year encrypted. In my opinion, the appeal to
mass is not a market crypto to an audience that isn't
necessarily involved. I mean, they're doing it right,
right. They're doing it.
It's funny you said the Apple thing, Mando, because literally
2 minutes ago Tal and I were talking about how it's very
Apple asked and how they really man, like we literally just
talked about this. So and so just quickly and I
want to hear your thoughts and let let we'll move forward
because another big event was the Dookie dash stuff on the App
Store. So like we're talking about
appealing to the masses that's going on right now.
But raffle rafflebot dot XYZ, rafflebot dot XYZ.
If it doesn't work, the triple W before that, you have to retweet
the pin tweet, follow Formar and Robit.
And then the code is breakpoint BREAKPOINT breakpoints.
It's very simple. Everyone go to rafflebot dot
XYZ, connect with X and then put break point here and submit and
that's all you have to do. It's very simple.
Tyler final thoughts on break point?
Yeah. I think we just see that the
difference between SLAW and ETH, right.
We just touched on it like I feel like there's more
excitement for this and the the takeaways are and they are going
to the consumer route, mobile first trying to make onboarding
easier than ever, fast and cheap.
And I feel like the takeaways from the the last ETH
conferences have been all like infrastructure place and it was
boring. Yeah, I think there's a a, a
stark contrast right now. And I'm not saying it means
Salon was going to flip eat, but I mean, if you have to pick an
ecosystem to to spend your time in that's more fun and there's
more energy around that, that's Salon right now.
Hard to debate that. Yeah, I mean that's that's
they're good at that. I mean, look at our theorem,
like, yeah, we could say, oh, we're in theorem because it's a
better tech. And this now which you know,
we're all we're building our theorem, etcetera, right.
But it's it's just like when it comes to appealing to people and
like making things fun, like I think the break point event,
like, you know, Raj comes out talking to Balaji at the
beginning and then Vitali comes out singing like, I don't know,
like I'm not trying to say like, you know, like one's good, one's
bad. But like, if you're trying to
market crypto to outside, like the audience and there's
definitely a different, you know, way to to approach that.
What do we think that is? Actually?
I went there. I kind of want to go there.
Sorry to keep dragging this. Like what is an Ethereum for
example try to follow something like that to showcase but if
it's not Etheria maybe it's al 2's like or fuck even avax like
all these like why don't why don't they do that?
There's a much closer relationship between I think
Solana and it's core apps, and often it's called devs.
I think Ethereum sees itself as the settlement layer rather than
integrated itself into the apps themselves.
So like when people talk about Solana, they'll talk about,
yeah, the the founders, but they'll also talk about people
like Mert, which is like, it's almost like talking about
Hayden, Hayden Adams, you know, but like people kind of confused
the the two of them. Like a lot of these core app
developers on Solana are very, very integrated into the actual
have a chain is built and they'll you know, they'll often
share resources and there's a lot more of a like a back
community, I think, where which is really proving to be a very
strong strategy, it seems, whereas I think Vitalik is very
although he's obviously a clearly a genius.
He's a No one's denying that. Yeah.
He didn't come into this looking to, I think, build consumer
crypto apps. Like he came into this thinking
about how to redesign the financial infrastructure.
True. And also like governments, you
know, like he's more in the the Bellagi Nation state camp,
right? Where like Bellagi?
Was on stage with Solana. Right.
I, I would still say that like how if I take a step back, I
feel like a Vitalik and Bellagi would get on like they're,
they're often talking in, in similar sort of like, right, we
need to redefine everything. Whereas I feel like the Solana
guys just want to ship ship. Do you know what it is?
Do we think, and I usually hate making these conference these
differences, but do you think as crypto is maturing even more
like, right, it's in the second decade now, right, Crypto, it's
lived one decade. It's the second one.
I mean, they're not even 10, they're not even 10 years old,
right. So Lana, let alone that.
So we're super early, but like in the sense that like maybe
we're seeing more like Bitcoin becoming this like
decentralized, you know, gold, it's gold, right?
A theorem is going to become like, let's say NVIDIA of
crypto, like the one that's like the hardware, right?
And then you're going to see Solana become the Apple Store or
Apple Store. Like, you know what I mean?
Like you see, we're seeing finding crypto like like these
different chains become saying they're only.
So like it's not Solana or Ethereum of Bitcoin or versus
versus versus just like Bitcoin's going to become this,
Ethan's going to have its lane and someone doesn't have it's
online. And then maybe Sui or maybe say,
I don't know what's next, but like I don't want to talk about
science. Someone's being built now.
But like, I don't know, it just seems, it just seems like this
is what's going on, No? Yeah, sorry man, go ahead.
No, no, no. I think that, I think that's
probably it. Like we complain about these
things, but Bitcoin doesn't have any of that stuff either, right?
Like Bitcoin just doesn't have a developer.
Toshi's not out there speaking to people either, trying to get
people on. But we should.
We don't want that, right? Yeah, so it's, it's, it's
interesting, I think that Benjamin Cowan who's is, you
know, pretty well known crypto analysts today said that he
thinks the near the like we're we're close to the bottom for
each BTC that it will get. It'll probably go to nought
point nought 3 at some stage, but like it will probably after
that do a rebound over the course of the next 12 months.
I believe it. Maybe that was the bottom.
Maybe you just saw the bottom right right there.
People been trying to call bottom on this.
Yeah, he said look it you know, I, I, I he says that he thought
it was going to nought point nought 3.
I think that the problems of that ether they are pretty major
in my opinion. I don't think it's people always
look about in relative terms, but I, I do think that Vitalik,
the issue is of this L1L2 issue is quite a strong one.
Like stable coins are easier to onboard people to and ETH itself
is, is increasingly not even being used as the L1 chain.
But also like for buying things. It's, it's kind of just become
the gas coin, the gas coin. But then the L twos, they don't
even burn that much gas and they can even choose to for you to
pay gas in different, different currencies.
So it's the way that it's been built is going to have to, I
think there's going to have to be some questions.
And it takes a long time for that to change.
Like Ether is an oil tanker, you know, you can start deciding you
want to make some changes and it will take three years to do
that. And it has a pretty well defined
road map, which is based upon this L2R infrastructure.
So I don't really know where it goes there.
Yeah, I'm not even super bullish on Solano over the next couple
of months, over the next six months, as I've already said,
like I do think that inflation and and unlocks will catch up
with it if we don't start to see thousands of people come on
chain or hundreds of thousands of people come on chain.
So and I just think the L1 trade is really difficult.
Yeah, but people, yeah. It's one of the most difficult
trades to me. It was so obviously Solana 12
months ago. And I like and I said that
several, several times just because it it was, I mean Solana
was trading at like 2020 thirty billion.
You know, it was it was tiny market cap and ETH was at like
303 hundred. So it was crazy.
How good is this? I can't OX designer goes.
I can't explain it, but Solana, San Francisco, there is
Brooklyn, bitcoins, Florida. That's so funny, Tyler, you were
gonna say something. Then we'll finally move forward
and talk Dookie dash and everything.
But what? What's your?
What do you think about that? You know, listening to, you
know, so Amanda's thoughts and the differences, this, it feels
like, you know, Vitalik is building on like a 100 year time
horizon. Yeah.
And and he wants, you know, ET to be safe.
He wants to save the rails of finance for life.
And Solana's on like a five year time horizon, like we're going
to move fast, we're going to break stuff, you know, like I
know it's been around, but and I think that's another key
difference, right? And like we see it in these
events and that's why they move faster and but you know, things
do break more so. Yeah, no, listen, like we'll see
where that goes. But that by the way, like it's
funny because you could say something good with Salon and
people would say right thing that you're saying something bad
over theorem, right? But I don't think nothing's
different if someone's trying to build their rails for the future
of like decentralized finance for life and changing how the
banking system works. I mean, I think Ethereum and
Vitalik are the best position to do so and Salon may be the best
position to take on Apple one day if they can get there.
But again, like we're too early. I hate to be.
Oh, this is nice. Steve Jobs like she's super
cringe, right? So it's like, let's wait and see
if they can actually make that happen.
Like let's not forget there's a lot of other things.
So and a lot of competition. So it may not even work out, but
for now through our position anyways.
In other news, I mean, have you guys seen the dookie dash saga
and and the launch of of it all? I mean, Tyler, I'm assuming that
you have been following this closely.
Yeah, I've just been pulling up my Apple App Store app, you
know, every few hours just to see where it's ranking.
So you got to go to, to the free game section in, in the games
component of the the App Store. But they're number four.
Well, they're #4 like an hour. Ago number 19 year in racing in
Canada in the racing games. OK, try to find the free games
if you can. That's where they've been making
the most headway. Games.
I haven't used the App Store in years.
I just used to download stuff and be done.
Wait, how do you see this? You go games, games.
And Scroll down, there should be like several categories and
there should be a free games category.
Top free games, see all. Keep in mind I'm in Canada, so
it's different. Yeah, it's not 4th in Canada.
We need to see. We need to see for you all.
Right, so now we Gordon and Gargo, you got your playbook.
You need to get more holy shit marketing in the Canada.
It's not. I don't even see in the top 100
in Canada. Oh man, what?
That's surprising. But anyways, in the US it it is
fourth I think. I don't have the the updated
numbers. I know they had at least 20,000
downloads like as of early yesterday afternoon.
Early feedback on the game has been good.
I was chatting with Sims a little bit before the show.
I know he's gearing up to to play.
I know he was deeper in Dookie Dash 1.
Like I I, I casually played Dookie Dash 1.
I haven't played season 2 just yet.
Film got it downloaded. Let's go.
Nice. So are you guys going to play or
what? It looks much better just from
the photos as well. I feel like I just got no shot
against the hardcore gamers so. So what's the thing?
Is there a competition? Like what's, what's the, what's
the, what's the alpha here? What's going on?
Like a million, 1,000,000 bucks up top.
You get the you get these golden plungers.
Now those are some of the prizes.
I think they're like the top 100.
Sims may know more here. What's what's?
What's the? What's the What's the What's the
TLDR here? I've not been going too deep
just yet, but I do plan on doing it once this week's over with
and we've we've got all the stuff that we've been dealing
with over. There's $1,000,000 up for Season
1. I know that it's obviously it's
season ranked. I'm already seeing players with
3/4 of a million points on the board, which is completely
fucking nuts. Like I think my previous top
score was in the half a million. I did manage to get up quite
high in Season 1. There's definitely been some
changes that I've been reading about a lot of it for the
positive, the backgrounds, music's, the different things
that you can do. It's you know, it's funny, given
the flappy birds owner creator came on this week and slammed
crypto just you know, and spoken all these years and comes to to
shoot on crypto out of nowhere. But simplicity does it in mobile
gaming, right. Mobile gaming is by far the most
accessible when you look at some of the numbers from like pub G
mobile from India and more on the other different sides of the
world. It's it's insane how big mobile
gaming is like it's a real dark horse, but it's a complete
fucking money printer because everything's linked to Apple
Pay, everything's linked to a credit card.
It's all micro transactions. You make a good free to play a
game and you can quite easily retire at 30.
Like it's just so simple. Simplicity really does do it.
And this is it's end of the day, it's it's trying to avoid stuff
just flying down. It's a maze runner, right?
That's what I think believe they call them maze runners.
You're just flying down a pipeline.
To avoid. But it's the idea is you just
got to move your fingers, get out of the way of stuff.
But there's objectives there which do make it a really high
ceiling of calibre and high ceiling of competition, very,
very low barrier of entry. And that's when you get the
perfect game, when any Tom, Dick and Harry can pick up a phone
and play the game. But there's a level above where
you've got messy level players. That's when you've got the
really, really good mix. When you have that in between
it's it's decent. Yeah, Yeah, they did it.
I mean, they did. I think, I think this is going
to be a big success, honestly. Like I'm feeling pretty
confident about this one now that you just need to dominate
other countries, Tyler. They need to make it to Canada.
I mean, is there no board names in Canada?
What I thought, I thought we were moving that.
True to abandon. Oh God, that's so funny.
But so there's a big are they giving big prizes or something?
It's $1,000,000 for season 1 and it wouldn't surprise me if they
did. Like most E sports, you find
when companies try and force E sports upon people, it fails.
They'll throw money at a wall. It's like throwing shit at a
wall and seeing if it sticks. They'll throw money at players
and then kind of like Fortnite, you had all these kids that made
all this money and then they just told it down afterwards and
it's like, well we've got to stream now and do these other
things. And that's why you see them all
in shit coins and NFTS during 2022.
With most of these games, if they start off basic and they
let the community naturally progress, there's no reason why
just because it's on mobile, it shouldn't be seen any less than
a normal game and any other game.
It shouldn't be devalued. There's no reason why it can't
become something more and something E sports.
If it's naturally adopted and people play it, if they support
it, if they put money behind it rather than just throwing money
at a wall and hoping people take it, it could do well.
And you could see a lot more coming out of this because
again, simplicity does win when you're talking about mobile
gaming. I love that.
Thank you for the breakdown. Well, there you go.
There you go, and. Kroger, I guess quick sake.
That wasn't even, I'd say, the biggest gaming news of the day.
So. What was?
Edison is one of the Telegram games, you know, tied to the TON
blockchain. It had its token watch this
morning. I pull up the chart for this.
It's Catison, CATIZEN, Mike Citizen, But cat $330 million
market cap and one point O, one point O 8 billion FTV.
It's bigger than Prime. So it's sorry, sorry, Cat is in.
Yeah, Cat. Is wow OK?
They got hamster combat next week, right?
Yes, so this is the the lead into hamster combat next week.
This one. From the casting stats I was
reading they claim to have 39 million total users, 18,000,000
monthly users. In the month of July they had
$16,000,000 in in revenue from in app purchases.
Damn. Strong start for for a token.
So I think 15% of the the tokens were airdropped, so 100 million,
that's roughly half of the circulating.
So that's like $150 million AirDrop then?
What? How are we not in this?
But there's no chatter on the timeline.
So this is again, like the Telegram Tun ecosystem is just
in its own chamber. I guess it's just being chatted
about on on Telegram somewhere in chats that I'm not in.
Telegram is just massive in Asia so all like.
Wow. Absolutely huge for this sort of
stuff, mobile gaming like Sims, says Philippines, Indonesia,
South Korea. Wow.
Insane. Like how many?
That's absolutely insane. You're going.
To think how many people globally have got a mobile phone
right, especially like in in lesser developed countries where
you can't get a hold of a super gaming PC or you know, Internet
can be a bit shitty like being able to get a mobile phone and
just do everything that you want to do in terms of crypto, in
terms of gaming, in terms of entering competitions and
farming stuff like the numbers are fucking.
Ridiculous. Wow.
Wow.
Yeah, This is insane. Absolutely insane.
In other news, I mean, that kind of hit yesterday before the
show, Tyler. But I do want to talk about it
today, $243 million. I mean, arguably the wildest
story. So that person stole 243 mil
from one person. So they they use social
engineering tactics. They targeted the Genesis
creditor. They effectively conned them
into giving up $243 million worth of crypto.
The the hacker team, they started moving it through all
these exchanges. They were laundering it.
They they started out like doing an OK job and then they started
just spending the money lavishly and then documenting it on
social media. They always do the same shit.
They got it by a PS that have the same aftermarket diamonds
and post it on Instagram. I mean, they're doing bigger
stuff than that. So like they're buying luxury
cars, They're spending a quarter million to half a million per
night at clubs. They're buying Birkins for
bottle girls. Bottle girls are posting
pictures like coming home from the club with with Birkins.
And then the guy sharing it on his social media.
He's got like 15 followers on Instagram.
No one's even previous stuff, but they left this huge open
trail. And thanks to Zack's Zack
Expertise investigation, two of them got arrested.
Binance is already frozen like $9 million of the funds.
I don't know how much they'll be able to recoup.
Hopefully more than that. I mean, the winners here, Zack
Expertise, clearly a winner. Also like that the bottle girls,
these luxury car dealerships seem to be winners because these
guys spent the money pretty. Fast.
I mean, they get to keep the Birkins, right?
I think. So, oh, that's the default G
wagon. The default G wagon.
It's so funny. Hold on.
When I left the club with last night Gravy's mill, there's a
flashlight out with the Stones funds having purchased temples,
cars and going out to clubs in LA and Miami with friends
spending 250 KA night. I mean half a half a million one
night, like what do? You that's. $1,000,000 I mean
we. It's like there's the DMS are
getting published with like they're trying to DM the girls
and and pick them up and the girls are just denying them.
Like no, I got a boyfriend the. One of the ways that like I
have, I'm already tech is like, I don't care.
I still want to buy you. It's like, what the fuck
they've? Got the they got the the Brabus
900. You're trying to buy this girl
that pink Lambo, and she's just like, I'm OK.
Yeah, but also, like, you know what it is?
These, these are just so dumb. So dumb.
He could have probably ran for a few more years before getting
caught if he wasn't being such an idiot.
But you know what? He got what he deserves, you
know. This is bad if these are the
headlines that like these are the stuff that gets picked up by
mainstream media. You know what the good thing is
that to me, the way I see it, Tyler, I see the we were able to
catch them faster and identify them fast and recuperate money.
Right. That's the intelligent take,
right? And that's like the transparency
of blockchain enables this, right?
It's easier to catch criminals, yeah.
Still the headline scam is though another crypto highest I
mean. We'd know much more about P
Diddy if it was on chain. Huh?
God, yeah. It's just a wild it's getting
Wilder by the day. Yeah, yeah, yeah, yeah.
I've been, I've been, I've been. I keep digging deeper and it's
really bad, dude. It's I ended up on Diddy Twitter
back in November last year and it really wasn't great.
It was it was really not great. But anyways, do we that's it,
right? I mean, we can go robot spins.
I think that's some a good roundup.
I think we went around pretty well, Tyler.
Yeah, this me real quick. There's other securitize picked
a wormhole to do all their tokenizing of their private
markets. It's a big securitize, OK.
Our company focused on tokenizing private markets.
They're going to use Wormhole as their interoperability partner
to start tokenizing real, real world assets.
I think that the reason this is big is BlackRock is tied in to.
This it. Looks like Wormhole is kind of
going to help enable some of the BlackRock tokenization efforts.
I also wonder this also opens the door to more block chains
besides ETH. So I think part of the huge
narrative was they're tokenizing on ETH now.
I actually wonder if it's going to be broader.
Yeah. We'll we'll see for more of this
to develop, but that was a big headline from this morning.
That's big again, I mean, you're seeing Bitcoin right now either
just going, I mean, Mando, you're you're DCA, you were you
shouldn't have said in public that you don't want it to pump.
Brother I, I I've done well. Don't worry about it.
I know you have. Don't worry about.
It you? You went deep, huh?
More. Public about when I said you
guys should be buying Bitcoin, I've been pretty I've done this.
This has been a good month do. You remember words where I've
been aggressive with this? Yeah.
Yeah, I just thought you had your DCA going.
You were saying that you didn't want it to just.
Yeah. When you just.
Me, you know, we had a chat about 10 days ago on the maybe
the 11th and I I kind of full stacked it there and I've got
ADCA going for for like the. Last. 10%.
Basically, I love it Oh fuck yeah I love that yeah Bitcoin's
looking good I mean, before we go to robot spins guys higher or
lower next week, what do we think we're 63 one right now
I'm. Going higher.
The interesting one here is ETH in Solana, right?
And those are the ones that are running right now, particularly
ETH like this, ETC. Now that Ben Cowan is is who's
been a, you know, multi year e-book bear.
He's saying that we we're probably at the at the lows.
I, I want to buy this. I I want to buy this.
You know what I mean? Like so I already ran bitcoins
running slash and like I would buy this, this Ethereum chart.
What do you think? I mean, look at this.
I, I think he, yeah, could, could really run here just just
because, yeah, it has big, big issues, but I just feel like
it's been beating up so badly. Like, Suey is a $15 billion FTV
right now. And I don't think anyone's using
Suey. Or at least it's still a show me
story, let's put it that way. Solana.
They're cooking. It's 100 billion.
I just think it can bounce. I just think so it can bounce
even though everyone hates it. That's the thing, there's a lot
of hate on the timeline, right? And usually when you see the
hair comes the absolute Max cop when it bumps the shit out of
it. Absolutely, absolutely.
I you know what this every time I try to long if I get fucking
wrecked, so I'll see. I don't know if I'm.