Yo-yo, yo, what up? What up?
Good morning. Good morning, MG, Tuesday March
12th, 2024444. Look at that.
Another beautiful day to have a beautiful day.
Another day to choose Rich baby. I got my Co host in the house.
What are you eating today? The burrito yesterday looked
good. Oh, it's like mushrooms and
eggs. My wife made it.
It's like courgettes and chicken and rice.
My wife, I like, I like very nice, very nice, very nice, very
nice, very nice. Looks good, looks really good.
It's funny because like, I feel like now that the time changed.
Like we we fall in your lunch time, so usually they eat around
2:30 I assume. No, I do.
I actually do eat earlier. But I've just been, actually,
No, I think I do. Yeah.
I don't know. I I I eat around that time too.
Honestly, it's like after the meetings show and then more
meetings, I'm like, oh shit, it's two PMI should eat so.
I usually eat between 1:00 and 3:00, like between 1:00 and PM.
And rug radio is usually, yeah. Well, well, well, well we, you
know, so daylight savings I guess still a thing, which I I
don't even know why daylight savings exist, but I guess they
exist because of the countries like ours where it gets dark
really early and that's why we changed the time.
Anyways, Mando, how you doing this morning, GM?
Doing great, man, Doing fantastic.
Fantastic. That's what I love to hear.
Did you guys, Did you guys, did
you guys watch this Dave Portnoy all Nick episode just now?
I saw some of the clips, I didn't think, didn't watch the
whole thing, but. They're.
Actually quite similar, right? As like he crushed it, They
could easily be friends. They like literally, like, it's
funny, like Dave Portnoy apologized for liking him at the
end. He like, Nick left.
He was like, I'm sorry, I like the guy.
He's like, I really like this guy.
He's like, I'm sorry, I like him and I love it.
Because you're right, like Nifty Portal is kind of like the
Barstool model, right? When it comes to like crypto
content and web speed content, which is like that ridiculous
style content, Nick is not afraid of making a fool of
himself. Same for Dave Portnoy, right?
It's like that whole style. And he came on, he came on right
away. He was like, we were wanting to
be the barstool of like, crypto and play was like what?
I think. I think, I think, I think.
I think, I think Nick is trying to set himself up with a little
exit here on the show. I'm not gonna lie, he was
chilling. Nifty portal on there.
Like, hey Dave, you got money, you know?
Listen, he went he did the got the job done.
He showed nifty portal. He showed NFTS.
He defended the NFTS are dead narrative in front of 50,000
listeners. What the fuck are these
balloons? And it's not a fifth.
God damn it. I hate this new Mac OS update
and I hate it OV it bugs my camera every time.
Yeah, Loxy is in love with this. Like it does all these things.
I don't get it. Oh, is this?
Is this what it does? Yeah, it's, it's.
And then you go like, yeah, there you go.
But see mine bugs like that. So like I'll be in the middle of
a meeting with like an institutional client and I'll
put my thumbs up, like I agree with them and that'll make a
stupid thing anyways. Anyways, Nick defended.
You know the NFTS are dead. Narrative.
You know, Dave Porno asked me. Hey, our NFTS dead.
And Nick was like, no, they ain't dead.
We had 100 million volumes yesterday.
Two's rich. Good, man.
I think it's definitely bad. So that was good.
It was like 60 + 1000 people, You know, we had our boy up
there on stage. It was good to see you love to
see that. It was live on video.
Dave clipped it like five times, already posted it right away.
Then the Badagos donated $10,000 to Dave Portnoy's charity.
Wow. Yeah, live on air, which is
pretty smart. So it's a bunch of the community
members got together on Discord and we're like, fuck it.
Like let's just do something like that, which was really
cool. And so anyways, I just, I just
got off of watching this and so good big fan, big fan of of of
Nick and what's going on right now.
Hopefully it keeps going. So anyways, anyways, anyways,
everyone. Well we're gonna choose Rich on
today's show 'cause it is Tuesday, which means that we're
doing loot box bins. So at the bottom right, at the
bottom right there's Twitter spaces.
The purple box. You go in there and you retweet.
The Twitter space you follow FOMO hour FOMOHOURI mean you
should be following FO hour and robecom ROLLBITCOM Our show
partners. We do Robot Spins Tuesdays and
Fridays $10,000 per both each day, right?
So $5000 per spin. I load it up the the, the, the
box just now with more squiggles, more wreck, more
pandas, more rugs, another punk. I really want a punk to hit.
So I hit a second punk in there and we'll see if that hits
today. And as usual you know, shout out
to our our show partners here on screen pallet and robit.
All right, today on the show, today to day, what we got.
We got a packed show lads. We got a we got a lot of stuff
to talk about. We had CPI, we have market
report, we have CPI, we have. We're going to talk crypto.
We're going to talk NFTS, we're we're going to talk.
There's a lot to go about yada yada daily topics and news as
usual. And then last but not least so
we're going to do a loot box spin.
And also we are joined by special guests and today's show
partners Jackie and James. And now Jackie and James are
doing something pretty funny or fun must say say their project
is they're they're selling NFTS and they're going to open a dive
bar in New York. So it is so back.
I can't wait to hear about that I'm not gonna lie big fan of
dive bar dive bars in New York. But we we got our little dive
bar OV you know last time we may have to hit it back this time
around you know a little frog or a little Pepe dive bar you know
in Soho. But but you know I'm I'm here to
I'm I'm excited to hear what the dive dolphins got in store for
us. So anyways anyways packed show
today so why don't we get right into it.
I'm actually today I'm gonna go to OV first because we had CPI
and I want to know what's going on with those double digit,
triple digit, all this inflation stuff thing you were talking
about in the timeline Daily Market report brought to you by
Rogue Radio. Oh, just what's the?
Word. Hey, guys.
So yeah, we had CPI today. The expectation was 3.1%.
The number came in at 3.2%. So yeah, it's like a little bit
higher. I think if we came in below, we
would have really, really rallied.
But I actually think personally I think that's another good
number like to have inflation in the low threes while payrolls
has been strong and while the economy's pretty strong, I think
is is a good situation. It's kind of like a a Goldilocks
scenario as you would call it in in the finance world.
So I think that I actually think that number was good but maybe
if people were expecting more aggressive numbers they would
have been disappointed. Like interest rates are up
stocks are up though crypto's taking a a bit of a selling off
this morning but Bitcoin is still almost 72 K Ether's back
below 4K. Altcoins seem to be struggling
here a bit. I think Seoul's strong today.
Seoul is up against both. Ethan Bitcoin.
So yeah, I don't know it just feels like it feels like every
coin has its own like consolidation thing at the
moment or its own story at the moment and Bitcoin just keeps
going higher. We had another 500 N of a 500
million inflow yesterday as well, which is another big, big
inflow day. So I think we're just in for
more of the same. I think Bitcoin keeps going
higher. I think ETH kind of goes along
with it and alts, at some point they have to move higher, but
you know, we're not there yet, I think.
Not there yet. So CPI this morning.
Good badge. Unchanged.
No, it's not good. No, neither good nor bad.
I think it's just. I'm just laughing.
I'm like asking questions. Know nothing about my.
They literally explained, but yeah.
I need to get back on my game. You know what?
Yeah, I ain't. I need to get back on my game.
OK. CPI.
Good. All right, so I mean, Obi was
talking about like double handled inflation and shit like
that yesterday at the time. And I'm like oh man, what's
coming from this time? You know, it's not funny.
I called him a bear when he made a bull post.
I. Literally made a bull.
He called me a bear. I thought it was AI was like.
Imagine if we have two hands on inflation.
He was like, stop being a bear. I was like.
It was. So funny, dude.
Like honestly, I thought it was the funniest thing ever because
some people really actually thought he was bearish because I
wrote that he was bearish, but he was not.
Imagine 2 handled inflation. I go bro back to full bear and
he goes this would be bullish and I go cousin I literally
don't know what I'm talking about but then this person
didn't seem to like it and thought it was I mean you know
not knocking them their their their avid listener but it but I
thought it was funny and then to see to mess with you But anyways
yeah I mean like you're saying Solana last night guys seemed to
was rallying around up to 155 and such.
I mean, Amanda, what are you seeing on your end in terms of
crypto markets right now? In terms of crypto Bitcoin
Oddity had a huge inflow dead day again yesterday.
It probably will have another big inflow again today.
They're they're they're all starting to reduce their fees
again so you could start to see even more inflows.
Solana was outperforming. It doesn't tend to perform for
that long. It's it's already gone back down
below 150 right now. I think it was you know the
funding was really high yesterday.
It was exactly what we said You've seen A is sure a decent
move down in most altcoins ETH at one point yesterday was did
it go below? Yeah, it did it go into like.
Yeah, if we're just under 4K right now, like.
Before, yeah. But it was, yeah.
So obviously that funding kind of caught up with everything and
it's now a bit more stable. If you look across the board 37.
23 Oh wow, I didn't see that. Yeah, so funding's come down
because prices have come down. Bitcoin's still hanging out
close to all time highs. It's just so tough to be bearish
on Bitcoin right now. It is just so tough.
There is just relentless inflows coming in.
So even if you feel like it's, you know, it's getting a bit too
gassed. It's very easy in this market
for like dominance to go up and and Bitcoin just to stay where
it is and other things go down. Solana was was performing well,
like like there is this crazy volumes going on in Solana right
now compared to everything else. I think yesterday was the
highest number of addresses ever added.
It was. 4 million, something like that.
What was it? I don't know what the exact
figure was on a daily address number, but it was it was the
highest ever. So yeah, like just insane,
insane, insane figures coming through and you know that's
where all the activities happening in terms of alt coins.
That's where all the activities happening in terms of even a
bunch of like air drops seem to be coming in the next month or
so. So that that's where stuff is
ETH, ETH is still holding up OK, Like that ETF story hasn't like
fully broken I don't think, but it's still holding up OK in this
current environment. But you know it tomorrow or is
it 2 days is the big upgrade. So there's a lot of talk about
that interesting, like ETH beta hasn't really performed that
well recently. Like L2's have never really
haven't really caught up into that so I don't know if that's a
good thing or a bad thing. ETH still seems like the
strongest trade in the ETH ecosystem whereas Solana people
are playing various different things and in meme coins all
meme coins are were generally lower today offline and chain
stuff. So like with drop below to Pepe
is down about you know 1520% now from its from its high and a
bunch of the other like listed meme coins are all are all
lower. So it's basically been a bunch
of rotation back into the Unchained Solana stuff.
So obviously Nick is like the big thing today, but there was
obviously the Dolan comic meme that they're redoing all like
the Pepe variations. So moo moo bobo or having like
a. Dude, that was crazy that the
Moo moo thing was an AirDrop to a bunch of Solana holder like
NFT holders. Right.
So that they're just running back a lot of like the popular
memes that have kind of been seen before but and seeing how
far they can take him. So it just tells you like this
is insane amount of activity happening in on Solana right
now. I would say that that is, if I
look at my timeline, that's where the majority of people are
just training. It's fully back, yeah.
And you know, NF TS are suffering for it, like a lot of
ETH. NF TS are you know, BABAYC
dropped below 15 E. Did you guys see that?
It's a Bunny. Yeah, he has to eat his own
shit. So yesterday you know crypto
Twitter enthusiast, the real Bunny AKA known as the guy who
held his ape AT500K and he posted his infamous watch Apple
Watch post saying I choose like not I choose rich obviously.
But it was like never selling or something that went viral you
know said that if board apes go under 15 ETH.
He wrote that back in August 2023 that he would eat his own
shit and board apes last night went under 15 ETH.
Mind you this is the same person that said it that if Penguins
flipped apes he would get a Penguin tatted and he got it.
He posted the video yesterday and got the Penguin tattoo.
So I wouldn't be surprised if he does eat his own shit.
Yeah, I mean, he got the tattoo here.
So he he went ahead and like, fully.
We are so back, boys. Like, we are so back.
I mean, look at this. He got someone else's Penguin.
Not even his own tatted. I feel like they're so back when
someone's going to eat their own shit, is that is that?
Was that we're we're about to be not back.
Well, no, actually let me tell you guys something as as the, as
the, as the we need, you know what we need in this market
though, we need a left curve market report which is like led
by me and so you guys do the right curve market report under
the left curve market report. So today in my today left curve
maxi. Let's do it.
What's What's been going on in the left curve chair?
Well, that's what's going on in the left curve world, you know,
you know that's what's going on. And the next stuff, that's about
it really. And but you're right about the
Solana meme. Coins like really like taking so
much team away from everything like with Pepe MOG, like MOG had
a really bad day yesterday, right?
It was its worst day in a while. I've obviously been tracking
this coin pretty closely because I like it a lot and this is
where my bags lie and so that one had a quite the dip but it
was all day gate that IO had this whole thing going on about
it where you could get involved into mug.
I don't really understand how that works.
And then last night overnight is when the listing went live.
I think last night such as morning, like really early my
time so maybe your morning so that one.
And then you know it seems to be recovering from that.
But you know from the left curve sides, it's really just been
like Nick has been catching so much team.
Like I've literally witnessed last night like people flooring
stole NF TS and just eat NF TS and like just buying this thing
up like it's actually wild. It's like the NFTMF first coin.
I don't know how to explain it. You know what I mean?
It's like every NFTMF is behind Nick now.
And what I like is that it's not even just NFTMF first, it's also
CT So you know how at first we talk about how CT we didn't get
the joke because we get it because we know Nick, right.
So CT doesn't understand so handsome.
You know, gainesy like all the big like CT dudes like thought
he was being serious and made fun of him only to turn around
and I'll support him. So you have like base carbon.
You know Davis, you know all the top shape posters like Inverse
Brah now all behind him. I'm not going to bring up Korean
Drew Crypto's tweet on the timeline because I was told that
I can get cancelled for sharing it.
But just go read what he said about it.
You know we must protect Nick at all costs.
You know, he's our, he is our little goblet.
You know we have to protect them and this is, this is where it
is. Obviously, Full disclosure, I am
definitely involved in the in the in the Nick trade here.
Big trade, you know, big trade, you know, big, big, big trading
guy. But that's where I see it and
that's where it's going. And then on the back of that,
obviously Padagos saw a huge sweep last night, multiple
sweeps. Sweeps like it went up the way
to like 10.6 soul. Oh whoa, what the fuck is that?
12 1/2 soul? It's sorry it was 8 soul when I
opened the show. So Padagos are really the big
winner out of all this. You had Nick on the show, I
thought Portnoy would come on. Nifty portal.
That was my bet, because this morning he tweeted like choose
Rich. It was the other way around.
Dave Porno invited him on his show, which is immensely bigger,
right? Obviously.
And so on the back of that, you know you have stuff like Badagos
that it's probably like if I open Dejan's Finance.
Like, I'm pretty sure that if you look at NFTS, they're
probably one of the top gainers, right?
So looks good. 60% Yeah, but like other than that it's been
it's been nasty, but it is. It is meme coins taking over
from NFTS for sure right now. And yeah, that's where all the
left curve shit is happening, right?
Yeah. So that's that's what's
happening. Do you guys feel like we somehow
like then let's take it back to Solana here.
Like I'm starting to feel like I felt like with Solana in back in
November, ish. Like when on chain activity was
going through the roof And that's when Solana really had a
big pump like over Q4 and like all the meme coins on Sol were
like running like crazy. And then obviously that slowed
down a lot with the ETF narratives.
It's our narrative. It's true like an ETF happening.
Then ETF like came obliterated like outperformed the shit out
of Solana over the last couple months for obvious reasons.
Are we seeing like this on chain activity back to Solana?
Like could we see Sol here like just like turbo speed.
I don't know. I just, it feels like it's air.
It's 200 bucks here at Mando. I think if this, if this deal
closes for the financing and we hear that that's done and it
gets announced, I think it would rally very hard, yeah.
I think that's what depends on like, I don't think there's no
like everyone's looking at charts, but this isn't literally
nothing to do with the charts. There's no like air or anything.
It's literally hinging on this big financing deal of a ton of
Solana supply. So when that goes through and
when that clears, we should rally.
If it takes a long time or it doesn't clear, then we will sell
off. And it all comes down to that
really. It's not really anything to do
with where charts are in my opinion.
I think it will get done like I think there's enough bullishness
out there in the market and it's just it's just a question of
like what level it gets done and what the vesting terms are.
But you know you you want that deal to have like no early
vesting, all that kind of stuff. So we can like prolong the
eventual selling because this supply does have to clear at
some point through the market. But I think once it gets done
and I think it will get done, you should see Solana go a lot
higher. I saw an interesting tweet
yesterday though from this account called Evan Evan, under
score s s Six. Yeah, I think it is.
He's a weird account. But you said if you, you know
the, the thing about Solana that I think Solana people who are
bullish Solana, I'm bullish Solana, but I think something
that people don't talk about a lot, It's just like it was AVC
coin a lot, but it has vested people are getting unlocks, you
know, as we speak and that creates selling pressure.
And if you look at his tweet about, if you look at the Solana
market cap, if you look at the actual circulating market cap,
it's actually only 15% off. Its all time highs because the
amount of supply circulating right now is a lot more than it
was three years ago because you've had unlocks.
So that is something to consider.
You know, that's that's often the big criticism of many of the
old coins and why people go for new coins because they have low
circulating supply and you don't have to worry, you know, fight
with investors dumping with Solana.
You do have to fight with that. The good thing about Solana is
it is, I think it's like it is really good tech to to speak the
meme and it is, it does have a ton of activity and does have
real use cases. And it's just, you know, we've
seen the stats. We've seen how Solana has more
Dex activity than Etherium in many days.
There's been times when Magic Eden's had more NFT activity on
Solana than than ETH. So it's definitely like a
heavily used chain and that's the that's like the battle right
now, it's like. Supply vesting investors dumping
this big FTX supply estate out there versus the fact that it
actually has a future because a lot of people are using it.
If it didn't have the other thing, it would be, you know,
probably be three or four times the level it is now.
I think it'd be much closer to Ethan market cap.
But you know, the Tokenomics is what you're fighting with here,
I think. Yeah, yeah.
It's a little bit of fun to start my day, bro.
A little bit. No, I'm kidding.
I read that tweet as well. And because I was wondering for
a minute as well, like back then when I was buying.
So like, hey, like. That guy is it.
It literally dumps on Solana every day.
This. Is no this is true like he is.
He is like a proper like pro that.
Is his best criticism yet that yeah, obviously it's true it has
supply. Obviously that's the way that
Solana works. Like do you, if you take a step
back at the two different coins, Etherium is increasingly
becoming more like a gold, more like Bitcoin in that it's like
right, decreasing supply based on activity.
But the ultrasound, the cost of that is that the the cost of
transacting on the chain is a lot higher and has been a lot
higher. So having to push people to the
L twos Solana has inflation but then it has very low costs.
So like you generally see a lot more activity going on, on
Savannah and that is subsidized, the low fees is subsidized
obviously by by the inflation. So they're just two different
ways to kind of do a blockchain really.
Like it's I don't think Solana is trying to call itself
ultrasound money or like gold, like Solana is nothing like
Bitcoin. It is not trying to be digital
gold, it's trying to be digital money.
And I think that's kind of what ETH was at this, like the pitch
was for ETH maybe back in the day and it's now increasingly
more like right, the burn, this is a bit more like digital gold,
right. So I just think it's the way
that blockchains have to be and may maybe like maybe we see like
a flourishing of the LTV ecosystem that's that's how
Ethereum can become more like money again.
But I mean you see it on your, I have a see it on my time and all
the time now it's like how can I spend this much in gas for this
like it's it's like right now you really feel it because of
how high gas costs so. Yeah, it's you definitely feel.
I mean, look, people are playing.
People are you know ETH is ultra money but the the the sky
casino's running, right? So it's I think it goes, there's
like multiple ways this goes. It's not like ether soul, right?
It's probably like better off, like being a little bit in
everything. Yeah, that's why it works quite,
quite, quite well now I think crypto, because if if you know
if bitcoin's really just trying to be a store of store of value.
I mean, there's some L2 stuff being built and some ecosystem
stuff being built, but it's still right now more store of
value and ETH is kind of a mix between that and and digital
money. And then Solana's really just
trying to be digital money, then play all three, and I think at
different times in the cycle they'll perform.
Yeah I mean this it's it's it's all it is, right.
Like I I think you nailed it right.
You have Bitcoin. You have your hard money.
You have your your your the Internet the culture coin which
is like like ETH to me, like it's the Internet coin like
digital currency. They have soul which is you know
your little brother that your mom tells you to take take out
with you with your friend to hang out with your friends and
and you feel like it that's Solana and and it's working
pretty well. It's like, hey, make sure you
take your little brother with you.
Shit. That's that's the way it is.
I mean, story of my life, Shad Cyrus.
But anyways, that's it. That's pretty much it for coins.
I mean, you have blast hitting $3 billion TVL with a USBDUSDB
yield increasing to 15%, which was pretty big news yesterday.
On that front you have El Salvador, Naive Bukele Bitcoin
now in profit $84,000,000 on his on his Bitcoin that El Salvador
bought. You absolutely love to see that.
That's someone I would love to have on the show.
By the way, I'm going to call DM and we should all try.
Does he follow any of you the president of El Salvador?
No. Doesn't follow me.
Maybe Mando because Mando minutes.
You know it's a big deal now. Did he follow you?
His name I got. It, man.
You're you're a big shot now, Fastest growing newsletter in
crypto. I don't.
Even follow him. So I'll follow him back and come
on, follow him, see what happens.
Get. Your shit together.
But anyways, let's let's get that.
And then and then Michael Saylor, you know the goat.
Not only buying more Bitcoin at a high, but also, you know,
saying that Bitcoin will eat gold.
Will Bitcoin eat gold lads? You've seen you've seen a big
outflow from all the ETFs, the gold ETFs and over the lasts 1-2
months gold just hit basically an out of the high.
So it's not like it's not like they're both getting crushed.
So but I do think that you know I think he has a point like a
lot of a lot of gold's always felt kind of boomer as an
investment and Bitcoin doesn't. So I think a lot of young people
will choose Rich will choose Bitcoin, Yeah.
Will choose rich as their as their store of value such.
A good meme, you love to see it anyway.
So there's that on the, on the broader coin side, etcetera,
etcetera, etcetera. Look on the NFT side, look we we
kind of talked about it. I can bring it back up.
It's I would say the same thing as yesterday.
Obviously not looking great. If I were to go through the
dashboard here, fuck me mate, 40 eights are under 14 even now.
How much shit is he going to have to eat?
It's not looking good. It's not looking good out there.
I mean obviously in dollar prices.
In fact. There's still 60 grand roughly,
or 55 grand. But yeah, if you let's do it on
the 30 day of like the main collections, most things, you
know, board apes are down 40%, pudgy Penguins are down 40%,
mutants are down nearly 50%. Maladies, maladies has flipped.
Mutant apes in market cap punks are even down 15.
Like pretty much every major collection is down 40 to 50%
over the last month and obviously ETH has really rallied
during that period. But that's that's pretty nasty.
Like pretty much every single one of the top 20 ETH main
collections is is down a decent amount apart from zappy seals.
Yeah, they had their news, that's why.
But the rest of it was just cascading, right Like Digo's
down to 1/3, Azuki's on the four.
Milady flipped the market cap of like ladies.
Doubled over. That milady milady's up only.
But you know that's that's been the one.
I mean clones are .6 boys clones were?
Clones are .6. Clones were man OV.
Clones were 20 8. Go over. 3030 soul dude.
You can see where my brains at 38th in in in the bull run.
Was that like there were clone selling for millions of dollars
wild. It's it's grim.
It's grim. I mean moon birds for obvious
reasons. I mean Kevin Rose went live
yesterday. Absolute dumpster fire.
I don't even want to talk about it but that moon birds aren't
even grinding even lower here. But besides the redacted Remilio
babies and you know and like Milady's the ETH NFT landscape
is not looking good. Peplicator lower again this
today was a great weekend trade for those who got in.
Punk's a little lower but again like that's I was going back and
forth with Beanie on that one. Sure one ETH is 1 ETH, but like
Punk's are still selling way above $20,000 in a market that's
really bad for ETH. NFT.
So like I think it's pretty good place to be.
Like the last 20 punk trades are all above $20,000, right.
It was like 1 trade under it 198.
So that's not looking bad and you have some big trades but
besides that guys, it's not looking good now all of those I
think bounced there. There was quite the dump
yesterday. You had puppets go as low as .14
Bitcoin with Bitcoin, like rocketing to $72,000 a backup,
12% Node Monkeys. Oh wow, Node monkeys down to
.45. It could get interesting there.
I'm not gonna lie. Huh.
Node Monkeys could get quite interesting here.
If you ask me if they go any lower, 'cause that's that's the
one, right? Like, I think Node Monkey's the
one on Bitcoin with like, their narrative, the early narrative,
the like, everything. It's got the whales, it's got
the support, it's got like everyone's behind Node Monkeys.
It's had the big sales, it's had the alien sales for like
$1,000,000, etcetera. So I think there's a lot going
on for itself there. The quantum counts are down to
.28 RSIC is up a little bit on the day.
Original Maxi biz obviously like has to retrace at some point.
1.2 Bitcoin, it was like 1.5 but again like 1.2 Bitcoin, right
This, it's like $100,000 NFT killing it. 86 K here to be
precise. I forgot that you guys show the
the price here and that's that. And now Solana, we already
talked about it. Don't need to go over it too
much. I mean most of everything is
down just like on the theorem aside from Budagos.
But that's for obvious reasons like you have like Nick, like
the either being the face captain crypto right now like
the face of crypto, the face of crypto Bros.
So he calls himself on the Dave Portnoy David trader show this
morning which by the way I saw was sponsored by cracking.
So I thought it was fun. Funny to see like how like
ingrained like crypto is everywhere right now.
You love to see that. Like his whole show was
sponsored by cracking. So that was pretty cool.
So that's about it. On the NFT front list, you
caught on to something I didn't mando you did write that NFT 5
complete a $6 million raise. So you know there's there's VC
inflow going to space monad. I think I did like a $200
million raise or a $3 billion valuation.
On the crypto side, NFT 5 raising, there's a bunch of
companies going up. You know there's things are
looking pretty healthy if you ask me right in the in in that
landscape. So I wouldn't really.
I wouldn't really worry about NFT prices here.
Personally speaking is just normal, like the casinos
running. What would you rather have sit
in the JPEG that's just stagnant or like a chance to hit the next
100X, right? That's the way people see it and
you know that's what's happening in space.
Did we see something similar last year?
I I. Think.
I think you just got to accept that, you know, some things just
won't come back. That is grim, and it's true.
It's kind of is what it is. Like, if it's not rallying, I
don't know what you're really waiting for.
It's not rallying now. Like, yeah, OK, Clone X look
cheap, but like what? What?
What are you waiting for? Like you waiting for another?
Like is Bitcoin going to have to hit 100 and like 250K for that
to rally? I think.
I think it's just this is how market cycles work.
We move some things don't make it you, you move on to the next
thing, some NFT projects, a lot of the newer stuff did well.
There are some some NFTS even old NFTS have kind of done well
even during this period. EFF just had just.
It feels tough because I think there's a lot of bag holders
from the whole of the bear market and they just haven't
been rewarded in the bull market.
But that a lot of it is ordinals which has taken over like the
vast majority of the the winners.
I think I yeah, I don't know like I think this bull market's
going to go on now for a while and I can only imagine like all
the ETH NFTS really rallying towards the right at the end of
it and then you might see like a bit of a like a.
But I also think it'll only be certain collections like I can
imagine punks going back to to 450K or something like that.
Like I can imagine that sort of stuff happening.
But that's kind of the only real prediction I'd make here. 100
percent, 100% totally agree and I'm with.
You've got, you've got move on really like I think yeah, you
know if you if you're if you're holding an asset, whether it's a
board, a whether whatever it is like a coin and it hasn't moved
and there's so many things around you that are moving.
You just have to take the L and move on.
And even if the thing that you sold moves up doesn't mean you
as as long as the thing other thing you didn't buy just went
down, you haven't really made a mistake there.
Like you just have to. You have to at some point, yeah.
I was. Like my shoes if.
You own the NFT because you like, you love the NFT and
you're not in it for financial reasons, and you just like want
to have it as your PFP or be part of the ecosystem, then
fine. But if you're like, I don't
understand why you would still hold something when you're
waiting for it to go up. When you can literally buy
hundreds of different things out there in crypto, that will all
go up and at least you know you'll owe something that goes
up, right? And if the other thing goes up
as well, then fine, like whatever.
But you saw as long as you move into something else that went
up, even if it's just ether, soul, whatever, then it's, you
know, like just you have to stop out of bad trades at some point
in time. And we know how these cycles
work and maybe at some point they will come back.
It's fine. You have to just mentally accept
that. I think you just have to.
I don't know. I I I have some quotes for that
if you want. I'm I'm just looking up quotes
from moving on quotes on Google. You know just replace letting go
means and just replace like people by NFTS.
So like letting go means to come to the realization that some
NFTS and coins are part of your history but not part of your
destiny. Or maybe, like my wish for you
is that you continue, continue to be who you are to astonish
the mean world with your acts of kind.
A lot of moving enquotes for the people that need need it.
You know what I mean? You know, someone said it.
It reminds me of my first breakup.
I agree with both of you. Sometimes you just got to, you
know, let it go. And it didn't work.
It didn't work, and you move on. That'll pump and you don't say,
hey, that's going to pump again. You get back into it and you're
wrecked and you're done. Been there, done that, you know,
hey, it's like a it's like a real life, you know, you you're
not meant to go back to your ex. You know, it's it's usually not
healthy, you know? OK, we're not going to start
giving dating advice on phone wire anyways.