Yo-yo, yo-yo, yo. What up?
Good morning, Good morning, GMG.
Woo. I have no idea what day it is.
I swear to God I'm not making this up.
Tuesday, Tuesday. Let's go.
September 24th, 2020 400 that's rare that's rare.
It only happens once a month. We have a 2424 only 12 this
year. Enjoy them while they last enjoy
them while they last. It is Tuesday, so that means it
is robit loot box spin day. Ladies and gentlemen, make sure
you follow for more hour. Make sure you follow robit.
Make sure you're retweeting the Twitter spaces pin at the top
baby, because you already know we got a lot to talk about
today. I got my Co host in the house.
Tyler how you doing today? Good morning.
I'm great.
There's my memes are up, ordinals are up it it feels like
bulls are back in control after, you know, the summer of of bears
and bears had their fun. I think that that time was
coming to an end. You know what though?
I think the bears didn't really get to have fun because like, we
chopped so much that they kept getting liquidated all the way
up, you know what I mean? Yeah, no one really had that
much fun this. Summer.
Yeah, but I mean, now we get it. I I can't believe I survived the
summer. I got chopped.
Yeah, I got chopped heavy this summer, but at least I didn't
get chopped liver. So, you know, it could have, it
could have been worse. Yeah.
It it was a bad. It was a bad summer for the
bulls. I don't think it was a great
summer for the bears. And it's about to be a cold
winter for them. But it's good because don't the
bears hibernate around this time?
I mean, I'm from Canada this time around time that the bears
start, you know, going into hibernation mode, you know, oh,
should I call them squirrels? Because the bears on CT are
nothing but little squirrels. And the squirrels in my mom's
backyard, they always get really fat around this time.
Like they go from like tiny little squirrel to I got
squirrels. And they say hide until usually
until like March. I mean, it depends.
Climate change push that a little back.
But you know they're going to be hiding soon anyways.
You get little squirrels in your backyard in Chicago, we.
Do Yeah, the weather's turning. It's it's getting close to
hibernation season. It's getting close to hybrid.
I mean, I'm in New York right now and it's nice out, but you
can you you know it's coming. You know it's coming.
So anyways, the other show today, today daily market report
as usual, crypto, macro, all that good stuff.
Mendo's not with us. He's at a gaming convention and
Portugal interesting anyways, but but we'll go over the market
for you guys. Don't worry, it is green.
It's all you need to know. OK, that's why I'm sure that's
all you care about and then the Tyler's top 100.
Let's see what Tyler's got in store for us, but I'm sure he's
got a lot in store for us because when it's green, he's
always got a lot to talk about, that's for sure.
And then of course, we're both at loot box spins.
I'm actually doing this all the punks sold in the box.
So I'm I'm adding four fresh punks for y'all in there right
now. So let's see.
I'm feeling like we're about to hit.
It's gay, it's too slow. It's red guy, red guy, red guy,
love red guy. But we got we need to hit some
big hits. And then last but not least,
this show, as usual, is powered by galaxies, a no code Web 3
platform that empowers creators and communities to become odors.
Check out Galaxies XYZ on X For more information.
But anyways, anyways, anyways, I know we got Tyler's song.
I can even volume up. Check this out.
I know how to do it Sims. Now check it out, baby.
All right, our top story is it's out of China.
China gearing up for liquidity boom, cutting its reserve
requirement by 50 BIPS, injecting 1 trillion Yan Yan
into its economy. This is their biggest stimulus
since the pandemic. Chinese stocks popped on the
news. U.S. stocks opened up as well,
but it's since dropped a little bit on some consumer confidence
data. So the slight pull back that has
impacted crypto majors a bit, mostly chop on the day.
Solana leading up 2%. Tia Celestia leading alts up 12%
to a $1.3 billion market cap after news that the Celestia
Foundation has raised another $100 million in the funding
round led by Bain Capital. Those funds used for scaling
block space. In other macro news, 2 federal
judges battered the SEC in a hearing on Monday.
Regarding. Well, the and this is not the
big hearing, but like an intro to that regarding their lack of
clarification on rulemaking for crypto.
The hearing that was supposed to be for Gary Gensler scheduled
for tomorrow has been postponed. The most breaking news this
morning with no rescheduled date available just yet.
So now rumors are are swirling on.
Are there reasons why that might be being postponed?
Like Gary may be getting the X finally so that that would be
huge news. We'll see that.
That's all just rumors and speculation.
We did see this was an interesting one out of Citibank.
So Citibank reported that the number of family offices bullish
on crypto have doubled in the past year from 8% to 17%.
That feels like one of those little headlines that could be
what is a big factor in in driving our next leg up.
So maybe we'll chat about that here in a bit.
In protocol news, Telegrams CEO Pavel Doroth said that Telegram
will cooperate with law enforcement following his
arrest, mean that user details will be shared with authorities
in cases of rule violations and more.
We saw Polymarket is considering a token launch along with an
additional fundraiser. Some big news there.
Fancytop introduced meme coin Fancy, allowing users to bet on
which meme coins will have the best social performance in their
new thematic tactics, games and memes and NFTS Meme coin majors
were green with was a leader, up 12% on the day.
MU Dang, MU Dang just keeps moving.
A top mover. It was like 60% to $70 million
mother after an Arthur Hayes by Michi outperforming as well.
We've got a new pump funk competitor on ETH.
It's called moon that moon that dot GG watched last night,
allowing creation of coin ideas and coin pools.
No need for devs. We'll talk about that more in a
bit than ordinals and T front Ordinals keep pumping the big
Four up 15 to 25. Percent again.
Another big day. Bro node monkeys are .21
Bitcoin. Happened fast.
You cannot miss. This is one of the oldest rules
of NFTS. You cannot miss the up days
these were these were below .1 on September 6th.
Yeah, dude. Two weeks, 2 1/2 weeks ago,
they're below .1. Oh my God.
That is great. I mean, yeah, I mean, the
puppets were point O 6 or point O 7, just like not long, not
long ago. Oh, my Lord.
OK. Well, Tyler.
Get this just real quick while we're on this.
Tell me. Pups No No 30% no.
Top mover One of the top movers on Ruins.
Pups back to 48 million. I would like to thank my mom.
I would like to thank my family for supporting me.
You know why though, right? Pray for times like these.
You know why though? You used to pray for time like
these. You know why though, right?
Why? Because of the limit it was
yesterday to move your ruins to to the.
So that was a fake out that that, that it was a it was a
fake out. It was like a marketing stunt.
Then they tweeted again that you have till November.
But like now that we've got your attention, we want to we want to
remind you that you need to do this.
We don't. We don't need to tell anyone
else that don't. Don't say anything.
Don't. Don't say anything.
All right, Tyler, So where do we start?
I mean, China I think is the biggest news when it comes to
macro and crypto into the market.
So let's start with that. I saw that trillion dollars
staming into the hands of the biggest holders of crypto in the
world. I mean, you know, it's like 40
million people use crypto in China, right?
I know India was number one last weekend.
So it's that's up with China. You can't really report that
stuff, right? There's a lot of crypto users
out there, a lot of money in China.
So what? What's what's going on there?
Yeah, it's a big deal. So their, their, their PBOC has
chosen to cut the reserve requirement ratio by 50 BPS,
provide one trillion won in fresh new liquidity.
And then they're also going to lower rates on home mortgages by
around 50 BPS. And I think this is just another
signal. I, I shared the, the global like
liquidity chart in response to, to NFT stats earlier today.
I think he retweeted it, but it's, it's that chart that just
shows global liquidity goes up and then it goes down.
And I mean, it's we're starting to see more and more signs that
global liquidity is on the move up, coming off the bottom.
And historically that has been good for for assets, it's good
for stocks, it's good for crypto majors.
And I think Bitcoin, you have to be bullish on Bitcoin when you
see this. So that that's where my head
goes. We, we saw it, it moved the, the
Chinese stock market quite a bit yesterday.
It was, it had trickled into the US stocks a little bit this
morning. It looks like that consumer
confidence news that came out perhaps putting a quick
dampening on that, but I don't know.
That feels like more of a a a very near term.
I've been following that chart for like since the beginning of
the cycle. I remember seeing that chart.
Where did it? Where is it?
I want to share it. I would love for people to see a
global liquidity chart. I think everybody needs to see
that chart. Is that the one Raul posted?
It's similar here. I'll I'll send to you one SEC.
So it's not this is another one, the global liquidity, the total.
It's like a this one on the different axis.
Yeah, that makes sense. Index, it's similar, but this is
the index. But there's a global liquidity
chart that is like a rubber band and that is the one chart I
looked at earlier, the cycle. Oh, there it is.
It's this global monetary liquidity, right?
And so here I'll go. Oh, yeah.
So the one you sent is the one I saw.
That's the one. So this chart literally since it
was I think here. And that's when I was like, OK,
maybe I should like, you know, go all in.
And it was around that time when I start becoming like
ridiculously bullish because I was like, well, I'm not an
expert in the space or in trading in general, but cycles
exist in life like this is this has been going on longer than
you and I have both existed collectively, right?
So it's like, I don't want to make sense.
You want to explain that to people because this, this is the
chart in my opinion, that makes the most sense for for Bitcoin
and crypto. Yeah.
I mean, it's, it's wild that it does kind of fill these cycles.
But effectively this is just charting the global liquidity
index. And it's in times of when, when
rates are hiked effectively that cuts down on global liquidity,
global liquidity goes down. And then when rates are cut, it
impacts the amount of global liquidity is injected into just
the overall global economy. And it does seem like it's
basically has has pretty much fit, you know, it's what would
you call it like a six year cycle, 4 year cycle.
I had to to look in a little bit more details.
Four to six years. Cycle.
It's four years, right? Yeah, I believe.
Yeah, that looks about right. And then the last cycles top was
basically exactly when when crypto topped or just perhaps a
few months. It's literally on the money,
bro, like this, this chart. Now that doesn't mean make all
your financial decisions based on this chart, right?
Like if you're listening, but this chart has been the most on
the money chart I've ever seen. And that it it could explain why
a lot of the people have been around for a while have been
saying 2025. Like I was talking to Danny
again a couple days ago, seed phrase and he was telling me, he
said, he sent me one message. He said 2013, 2017, 20212025.
That's all he wrote. Like Kobe was talking about
2025. And like those are people that
have been around way longer than us and it's like they've seen
these cycles play out and and I think it makes perfect sense.
So like this wave 2 we've been talking about, Tyler started to
feel more and more real. Yeah, I mean, I, I'm kind of, I
think it's 2025 and, and perhaps even early 2026 here, you know,
and, and it depends on kind of what you're looking at.
So like back in the 2021 cycle, crypto topped first and then
NFTS had their moment what like four to six months after he's
really when that hit. So it kind of depends on which
assets you're you're looking at specifically for when a
potential top would come. But earlier in the year, you
know, when everything was ripping Q1 folks, a lot of folks
thought Q 4/20/24, it's the potential top.
I feel like that scenario is out the window.
That's out the window. Yeah.
I mean, I keep seeing people say we keep making higher lows,
higher lows, higher lows. So what, You tell me we're going
to get another crack at Bitcoin at what, like low 60s, high 50s?
If we do, I think I may be making some pretty crazy
decisions here, Tyler. I've decided.
It's funny, like your your lines, your astrology lines
there are lining up effectively at the election looks like.
Pretty. Much, which is when a lot of
folks expect the next leg up to start.
And I think I'm generally aligned with that just
regardless of candidate. I think just with that huge
uncertainty overhang removed, I think it's going to be good for
markets. I also agree.
I agree with that regardless of who and what.
Like crypto is bigger than politics is bigger than it is a
politicized for sure right now, but it's definitely bigger than
that. I mean, look at this monthly or
printing in September. When I got into September, I was
told 40K because September is historically bad.
The bears have six days. I dare you guys.
Here's my call to the bears. I dare you guys to send it to
like 57. I dare you.
I dare you selfishly. Would be a nice buy.
Yeah, I mean, look, the top Gator yesterday, I mean, you
know, Solana's looking really strong, man, with a nice bounce
of one 47146. So it's up on the day.
So that's been the leader. ETH was, you know, smacked back
down to 2600 after after running, but looking good.
But it was mostly the memes. I mean, Tyler, take me through
that. I know it's part of your recap
today. You know, I'm, I sent this chart
to Ovi and Mando yesterday. I'm like, if I, if ETH is going
to be where the one running, this is what I'm looking at.
And I don't know why I would look at anything else, you know?
But what, what's your, what's your read right now on memes?
I think so. I was going to start over on
Solana. Let's go.
Let's go to Solana. I mean, I've been thinking a lot
about Mudang and so I I am not a Mudang holder.
So just you can see this closure there.
I saw it last week. It ran to 2030 million so fast
and I was eyeing for the pullback and I, I saw around 17
to 20 million. I didn't get it.
A part of me was like, is this thing really going to last?
Like it's a cute baby hippo? Like, are we really going to
meme every like it is maybe animal, but then this thing has
got like it is viral around the world like it is it's got more
viral staying power. This thing being the actual
hippo, the big hippo, Mudang himself has gone much more viral
than than I expected. Like I think NFL teams for like
running ads or had banners with this with this hippo this past
weekend. And it's, you know, the top
mover on the day up 40%. It hit 70 million and now it's
kind of got me thinking like, is this the next the next big meme?
I think the the Salon trenches have been looking for this.
Like really like what would you say has been like the last big
winner that really ran up from from zero to 100 million?
Vlog. Yeah, Vlog, I guess probably and
that was fairly recently, I guess.
I mean The thing is like people keep saying Solana's dead like
there's every month there's a fucking runner to 100 mil.
Like Vlog was a very nice and organic run up, but you're
right, they're not as often, of course, but like that's good.
Like you, we can't have a runner to 100 mil every weekend, right?
Like that's not good for them. That's when you sell, right?
Like that's what was happening, right?
Remember Hobbs cat, like everything is 100 mil in a day.
And then the market imploded and we pico topped, right.
I guess that's note to self. Next time every Solana core runs
to 100 mil Tyler, we should be selling well.
You're right though. They can still get there.
There was a point where like 20 million was the the hard number
to get. But I don't know.
It's got me thinking like is this?
I like it though. Now new life in the salon
trenches like it's got me off my like off my ass.
I'm I'm back into bi mode. Like I actually bought a Mudang
beta. I'm not going to get into this.
Little Hippo Resistance down on the zookeeper's knee Mood Dang
is a playful little hippo who loves to bounce around.
It often keeps its mouth open, and it must have a lot of fun
every day before it can fall asleep.
Even when it is asleep, it still twitches its limbs.
It really enjoys playing with water and takes a bath every
morning. The slippery body makes it prone
to slipping for it's. He's so funny.
Yeah, I mean, you can't, you know.
You know what, though, I have known none of it and I when it
was twenty 30s like, fuck, I should buy this because every
single football team like soccer is sharing it in in in Europe.
Like MU Jang is a sensation, bro, like Real Madrid, we're
like all the big franchises are making memes around it.
So I actually see The thing is so swatter memes tend to hit
100. Let's look at fog.
Where's fog at? It's up 24% when the time moves
is at 73. This one's going to go back to
100 again. See.
They tend to go to 100, right? I don't get fog.
Fog is a harder one for me other than like people posting about
on the timeline. Like I don't get why it's a good
meme. I really like the art but I
don't have it, you know, fuck this one.
Where I was I had quite a bit of tokens at 10 mil and then I made
a mistake. But point being is like 100 is
like a seem to be quite a hard cap for Solano to pass right?
Hundred MO has been really tough to break for most Solana coins.
MU Dang's probably going to try it and then we'll see where it
goes, but I wouldn't be surprised if it go I I'm with
you. Yeah, my gut is it runs to 100 a
120 and then it goes back from there.
And then we'll see if it, if it really has the the staying
power. And if it does, if it if it can
actually like run like 1/4 billion.
That's where things get really interesting.
But I think before it does that it does need to like probably
fall back down another 1020%, no?
Yeah, I think we'll have to see. We'll see like a 4050% pullback.
I think Billy did that. Obviously Billy's not doing.
Oh, it's still 43. But like, it did that, right?
It was here. So here's what happened with
Billy. I remember this because you and
I, so it went to the 60s, right? It was where was it here or
something? It went up 200.
Yeah, but see, look and see, then it literally dumped like
60%. You and I were literally talking
about this together off camera. Here it dropped 54% and then it
ran back up past all time high. So do we think if we go Mudang,
do you think this is what happens?
So here say I think 50%'s too much of A pullback from Mudang.
Think Max 40 ish like here maybe say.
I think it goes higher first and then it has the 50%.
You think, OK, I was thinking here would be nice to see it 50
like $50 million. Here's where I would probably
pivot. It would it feels like it's got
some decent support there for, for any meme, you know, if the
the if the trenches have some stay in power, they've got some
life. Right.
I mean, it's a lot of runs right now with the market.
And then you see that Bitcoin retraces a little bit that we
have to wait a little bit. I think it all depends on that,
right? Everyone still thinks Bitcoin's
going to chop a little bit more before October, right?
Yeah. We'll see So.
We probably aren't going to see like a crazy explosive moves.
There's a few interesting movies just like mother.
Arthur Hayes is tweeting about buying Mother and Grant.
He has been a top sign in the past, but apparently he liked
what he saw over in over in Singapore at Breakpoint and
mother. I mean, it's one of the stronger
back at 90 million. Yeah, so I have.
It's pretty good. I was looking at it.
Fuck, you know what, the other night that when all the stuff
was happening on time, I was like, I should buy this shit
because I love fun. It's 63 mil.
Fuck, I really need to get back into it.
Tyler. Oh, yeah.
It was here. What?
People were fighting. Sorry.
Here. Here.
Yeah, here. And I was like, I should buy
this. Wow.
Nice 23%. It's honesty.
Dare I say this is probably going to run it back.
I'm not going to I'm not going to short it.
I feel like these are the kind of charts you want to see the
ones that they, they had their 70% pull backs, but they they
built a bottom over a few months and then are starting to to move
up now. And I think there's a lot of
charts like this there. But but mother, I mean,
specifically has she, she showed her prowess in Singapore and
she's still got it. I mean, she's got.
What's your read? What what was your take on
Singapore on the event? Because I saw all the time I was
I wasn't there. It was when I was away and I
came back and read everything was What's your take?
I think she's just clearly doing a whole lot.
She's trying to bring fun into into her project into the crypto
sphere and just, you know, be away from the stigma that it's
just nerds never have fun. And like we saw with the debate,
right? She was supposed to debate Eric
Wall. And the reason it didn't happen
was that she wanted to bring her dancers as a part of the debate
and make it, you know, more of a spectacle, bring her
entertainment. She wasn't able to do that, but
she pulled it off at her party. So she's got the fun side, but
then at the same time she's building the her casino product.
She's building like this only fans slash like subscription
product. So like she's actually she's
clearly trying to launch products and build and
incorporate her token and not many.
I mean, she's doing more than I'd say most 99%.
We should get on the show once and for all.
She's got a lot more to talk about.
She did the initial circuit right and that was more just
like, do you know anything about crypto?
But now I feel like it's a different interview because
she's actually got a. Lot well now it's a nice
interview I'll make it happen I'll take care of it.
I agree with you. I also like, I don't know, I
guess because I live and let live like I don't give a fuck if
the guys were like and girls were just having fun and fucking
the stripper thing. Like, you know, it's like, I
don't know, it's like, OK, like maybe I wouldn't have been
writing the checks there and, you know, doing crazy stuff
going D God Mode on them. But like, you know, I I, you
know, like I, I told Sunny, like Sunny apologize all the time.
Like dude, don't apologize for going D God Mode.
Like what are you doing? You know, so, you know, I think,
I think I think there was a lot of men and women having fun and
that's that, you know, yeah, sure, maybe it was, you know,
being displayed online. But she's cooking, that's for
sure. And she's she's right down her
alleyway gambling casino only fan style, like the whole thing.
And the token I did a day Tyler, it's about the numbers.
Token's at 87.5, people can't say anything, you know it's.
Doing well. It's doing well.
So anyways, quickly before we move on to the next topics,
Rafflebot dot XYZ, rafflebot dot XYZ, if it doesn't work, put the
triple W in front of it. RAFFLEBOT dot XYZ.
This is what we use now. We've been crushing the bots, by
the way. It's been great.
So rafflebot XYZ and the code today is Mudag.
Because of course it is. The because of course it is so
Moodang MOODENG, Moodang MOODENG, what are the rules
today? Sibs nor they have to retweet
the Twitter Spaces and then follow us, right?
I'm just tweeting it out now, so just check it.
Perfect. Yeah, just let's just make sure
they retweet us, make sure they follow from our robot.
As always, make a robot account because without them, absolutely
none of this would be possible. We give away $934,000 worth of
NFT so far in the show since February, and I cannot wait to
close the year with over $1,000,000 given away.
All right, well, let's talk about DCC real quick here.
What happens if Gary gets fired? God Candle.
I think we see some God candles, yes, absolutely.
I mean, it feels like it's very live possibility.
I think something that we've seen Kamala's campaign do is
start to see some of the, the messaging, some of the policy
that has worked for for Trump that is like in it is something
that would be also be in her wheelhouse.
Like we saw it with like the Minotax on tips thing, something
that could kind of work across the aisle.
And, you know, his last applause at big point Nashville, when it
was when he said he was going to fire Gary Gensler, he didn't
even realize he he repeated the line because he he saw the
reaction live from the the crowd.
And I mean, I could see her like, if her campaign, you know,
wants to show people keep saying, like, these words are
great, show some action. That's one action that she could
take that would show, you know, perhaps there's a little bit
more meat, but behind, you know, the the Dems words on, you know,
on crypto and trying to to work with it.
And he's got a bad track record, right?
Like he is a fireable guy. But hold on.
So the Senate hearing tomorrow is postponed, but the House
hearing is happening right now. OK.
And a minute ago, apparently, they're grilling the guy.
I'm sure they are. So 3 minutes ago.
So this just did how Siri right out the gate.
Patrick McHenry grills Gary Gensler on the crypto asset
security nonsense in the SEC government lawsuits.
Hester Pierce. We, like Hester Pierce also
testifying and sitting next to Gensler, quickly agrees with
McHenry against Gensler Holy. That's start.
So she is sitting next to the guy and grilling his ass.
And then a minute ago, Hester Pierce says that the SEC should
have admitted long ago that tokens themselves are not
security and has fallen down on the job for this.
Wow. Yeah, damaged statements from
them. I feel like that the statements
from the judges yesterday were even worse because you know,
politicians will get heated, they'll have the rhetoric right
and you don't always know like what their underlying like
reasons are for that. I think it's a little bit
different when it comes out of judges mouths.
And yesterday two judges were just grilling the the SEC couple
of these quotes. I'm going to read them because
they're particularly damning. You won't even tell us how the
Howie test applies to Bitcoin or ether.
Those tokens have been around for a long time, but you won't
take a position in front of us as to whether Coinbase is safe.
If they deal or don't deal in Bitcoin and Ether.
Then even the more damning quote, it almost looks to an
outside observer as if you were going after crypto platforms in
a way that will crush the industry without really getting
into rule making. I mean, and that's like the,
that's the perfect summary of the situation in all the
complaints, right? Is there is no rule book.
There is no framework for companies in the US to, to
operate within. And at the same time they're
coming out, they're taking all these enforcement actions
without having a, a, a set of playbook.
And, and now we're starting to get a little bit of the
playbook, but with like enforcement by or, you know,
regulation by enforcement action.
But that's not, you know, the right way to do business.
And clearly, like these judges see it and it feels like it's
just so common sense. Anyone who's a thoughtful person
can see, like, how would you expect these companies to comply
when you haven't laid out any clear ground rules Like it?
It's just absurd. It's absurd that we're still
here, that this deep into crypto being a, you know, a sector.
And now it's another big piece of this and Mandos talked about
it. We've talked about it, crypto.
These crypto PACs are some of the biggest fundraising.
PACs Yeah, man, Massive. $200 million and money talks, and I
think that's caught a lot of people's attention.
Money fucking talks, dude, and we're about to go.
I mean, whichever president, whichever candidate wins,
they're going to be able to claim that they pump crypto
because we're about to see a 2025 pump.
So, but but for the what I'm saying is that for the brand of
crypto, it's good new president comes in, claims they pump
crypto. Crypto sees a ravaging 2025 like
insane pop the brand of crypto. You know, yesterday we were
saying like, oh, but comma is nothing but crypto.
So with digital assets, which could be CBDC's and stuff like
that, it's not crypto, crypto, crypto.
And I was telling you guys how like even the press, like even
yesterday after the show, I went and did a live radio interview.
Again, they asked me. So a lot of people think
crypto's for scammers and shady stuff.
And again, I had to explain to the fucking press that we're not
scammers. Like it's really tiring by the
way. But I'm keeping a smile on my
face and I'm staying calm because it's not their fault.
We have to educate them. But it's like the brand of
crypto is going to see, I think a revamp, man.
Y'all are not ready for what's about.
I mean Tyler is y'all are not ready for what's going to happen
when the crypto brand is cleaned up and we we fucking kick it off
next year. My God, you imagine how crazy
episode 1000 from I was going to be.
I I can't wait. The signs are like this is
happening. So like, This is why I'm still
so bullish regardless of who wins in the presidential race,
because we've got these judges, we've got politicians on both
sides of the aisle who are finally like coming to their
senses and just absolutely shredding the SEC for, for how
they've been going about this. So I think change is, is going
to happen there. Like I don't see a scenario
where we that they they continue to operate as is for another
four years. Oh brother, he is getting
destroyed right now. I wish I could play this thing
for you. I mean, there's clips already
coming out, I think that are relevant.
Like he there's already, we're talking about tomorrow.
Let's play the clip. I mean, I won't be there, but
you guys should definitely play the clips tomorrow.
He is getting hammered right now.
Yeah. I love Patrick McHenry.
McHenry, You know that guy that keeps like grilling?
Gary Gessler. Yes.
The what's his position? He's the chairman of the
financial Committee, right? Yeah, I don't.
Know whatever, I love that guy. The guy with the he always has a
funky bow tie. That guy's might go this man
right there. He like like you know, he looks
like that really fun uncle he he bro this guy when he put the new
balances on he can probably grill like crazy like this guy.
This man here you know what we should try to get him on the
show. We have some pool now.
Let me get once let me let me
get back on this shit. We have some pool now we can be
like, hey, so we interviewed Donald Trump.
Can we get? We'll be killer.
Exactly. But yeah, OK, so look, I have a
feeling Hester Pierce replacing Gary Gensler before end of the
year, honestly. That would be fireworks I think
for for the crypto space that happens I.
Genuinely. Yeah.
I mean, who? Who else?
Like, she's lined up to be the chair and she's sitting next to
him talking shit about him right now.
Like as we speak, they're sitting next to each other like
Tyler and I, Well, no, even better in real life.
And she's talking shit about him.
That's so great. I love how she's saying he
doesn't know shit and she's at the same hearing.
So it's a tough seat for Verrill.
Gary here this morning. Yeah, well, guess what?
He put himself in this predicament.
All right, other news reminder, though.
Reminder retweets on the spaces. Follow us and everything we'll
get to the robot spends like 5-10 minutes.
Sir, Sir. Tyler, I want to talk about.
Do we talk about ordinals? I mean, no, not we talked about
yesterday. It looks like we were doing good
again today, right? Or is it?
Is it all that is just ordinals? It's just ordinals really.
And I think I saw some of the data behind the node monkeys
collection, specifically that the number of listings are at
levels not seen since March. So we're coming up at like 6
month lows in listings, which is a pretty positive indicator.
I, I, I've been hesitant to move off the silence.
I, I felt like I was a little worried, you know?
Is this a farming pump with magic?
Eating. Look at the listings down there
versus the. Bias that looks good.
It looks pretty good and I think people just ordinals had like it
was, it felt like a small run, right?
Like it was super fast and like it was crazy explosive.
And then it retraced so fast and it's been so quiet.
I don't know. I think people people are
rooting for them. And then it's like another key
difference between ordinals and the Ethan MTS.
The Ethan MTS are all like utility MTS for the most part.
You know, put punks aside, next copy aside, like the apes,
Penguins, Azuki, you're betting on the team and everything the
team is doing with the road map and ordinals are the opposite.
They're, they're pure collectibles, so you buy them if
you like them. So it's kind of a tale of two
different types of NFTS and collectibles here.
And we, we know FOMO is a driving factor in NFT price
action. And I've got some FOMO right
now, like I've got some node monkey FOMO.
I've got a couple, but I'm kicking myself for not buying
the dip. And, you know, if these keep
moving up at this clip, I think you're going to see a lot, lot
more FOMO. Yeah, yes, Sir.
Sorry. I'm, I'm tweeting about how much
I love Hester Pierce and how I'd love to get an interview.
OK. I've been saying I've been a
Hester Pierce bull since before I think you even started hosting
with us. Like I've been telling the boys,
like that's our that's our team member right there.
Like we, we, we, we stand Hester Pierce, you know, someone who
understands that we want proper legal framework to be able to
operate anyways. So I agree with you on your
point, by the way, on ETH versus this, there's catalysts coming
in on ETH NFTS, right? I mean, doodles has theirs move
the needle, but not too much, but re step them.
I feel like doodles are back in territory of like, OK, they're
going to cook, right? Like we believe it, we know it.
Suzuki, they had big events in Singapore's Arbitrum anime chain
September token. We know that's we know.
We don't know. But yeah, it's going to come 8
chain apes cooking and then Luka Abstract.
So the top four like the Fantastic Four of ES, right?
I'm by the way, I'm not putting cryptoporks in that category
like you are, right? Like you would put like X copy
puns are separate right? Yeah.
So it's fantastic for utility NFTS and ES doodles, Azuki,
Pudgy and apes, right? Is that fair?
I. Think that's fair and they're
higher, right? It's like they have so the the
there's, there's room there, there's an open sky.
Yeah. And then you have the Milady's,
there's still 320 threes. You have the red guys that are
still, I mean, we're on the value of USB.
But of course, speaking as a back holder and a friend and a
fan. But you know, I look at all this
and I look at red guy and what how they're cooking with drag
and having the drinks everywhere, the physicals.
I'm just saying so that it's going to be interesting.
But anyways, so there's that yes, you can absolutely re enter
a giveaway if you already want. I mean, you're listening to the
show every day. You deserve to win again
anyways. What else Tyler?
Is there one thing, something I missed out on?
From your fun the pop fun launch.
Yeah, another one. What happened to Ether Vista?
Yeah, it's kind of cooled off. I'd say this is an interesting
one. I feel like it might have a
little bit more legs. So it's from coin guru, who I
actually only know from from fancy top.
But the the idea here is literally you.
You create an idea so you don't have to be like a Deb.
You come up with an idea for a coin.
These coin pools go live. And then if you get 100 people
to buy 0.1 ETH worth it launches, you have one hour to
do it. If it doesn't make it an hour,
it's dead. If it does launch, it launches
$130,000 market cap. Everyone pays the same price and
everyone has the same number of tokens.
But I thought that that piece is interesting because you know,
like on the pump fun bonding curves, right?
You're a little bit higher risk if you buy late in the bonding
curb action versus here it's a little bit different.
You know you're going to get the same number of tokens as someone
who was the absolute first buyer.
OK, I see. So it it distributes it out.
A little bit. I kind of like that.
Token launches when the pool timer ends.
Also you have to be, so you have to have 100 followers and be
verified on Twitter, which is an interesting 1.
So there's a little bit of confirmation to a degree, a
social validation to a degree on who is able to launch these.
So that's going to be an interesting twist.
We'll see how that that plays out.
You know what? Interesting.
It's good timing, right? So if you've got Nero going nuts
on ETH in the ETH meme coin scene, you've got MOG coming
back. I just the general sector
starting to feel a little bit more energy.
Either Visa didn't really do it. So you know will is there demand
for pump fun on ETH? I guess what we're going to find
out, but interesting system. So it's worth taking a look at.
I was talking to Sims before the show.
Even if it doesn't make it that long, there's still a likelihood
that's there's going to be one of these early coins lost from
this is probably going to do well.
So for the folks in the trenches, it's probably worth
paying attention to. Interesting, Interesting.
He's yeah, that's that's that's a really good one.
Love that anyways. All right, so I'm going to have
a look tomorrow when I'm back home.
Have a look over the weekend and stuff that's that's definitely
an interesting one for sure. Anyway, sorry, I'm looking at
the live updates of Gary Gensler getting destroyed.
Esther Pierce undermines Gary Gensler right off the bat,
saying that the SEC has taken a legally imprecise view to master
regulatory lack of clarity when it comes to crypto.
And now she quotes, I think we've fallen down on our duty as
a regulator, not to be precise. And so talking into a footnote
that yes, we admitted that now actually the token itself is not
a security. That's something we should have
admitted long ago and then started wrestling with a
difficult questions. It's very so has appears on
regulation by enforcement. It's very inefficient.
And at the end of the day, it leaves everyone wondering where
the lines of our authority are. Wow.
Just coming out hot. I love Hester Pierce this.
Is good. This is good.
This is. Going to be an important
hearing. This is a very important
hearing. I'm actually, I'm actually
wondering if this is not a good long opportunity, Tyler.
Oh. But wait, I'm waiting.
I'm I'm sitting my hands because we're going to get we're going
to get easy mode. So all right, well, it is raffle
time. Let's get to the robot spins
tomorrow. So where you're swapping out,
you're you're getting rid of me and you're going to have Mando,
but that's it. That's it.
Then I'm back home unless the massive interview calls me
again. I should be home until.