1 00:00:00,240 --> 00:00:03,400 Good morning, good morning everyone. 2 00:00:03,560 --> 00:00:10,920 GMGN and welcome another episode of FOMO Hour today. 3 00:00:11,160 --> 00:00:16,920 Today is Friday, April 11th, folks, a green morning out 4 00:00:16,920 --> 00:00:20,200 there. It is a GMND crypto majors, 5 00:00:20,280 --> 00:00:22,920 alts, memes are all rallying here. 6 00:00:22,920 --> 00:00:25,760 We've got Grayscale saying hey, tariffs might be good for 7 00:00:25,760 --> 00:00:28,000 Bitcoin. We're seeing some serious signs 8 00:00:28,000 --> 00:00:30,240 of strength. The question for today is, is 9 00:00:30,240 --> 00:00:34,080 this real or will this rally fail like the others? 10 00:00:34,080 --> 00:00:36,920 We're going to break it all down on today's show. 11 00:00:37,200 --> 00:00:39,560 No for Rogue. I think he is back next week, 12 00:00:39,560 --> 00:00:42,000 but we've got Mando, we've got Logan and GM guys. 13 00:00:42,000 --> 00:00:45,400 How you doing Mando? I'm doing great man. 14 00:00:46,000 --> 00:00:48,560 Probably one of the most busy days I've ever had in the last 15 00:00:48,560 --> 00:00:51,880 24 hours, but I'm doing good. Yeah, maybe. 16 00:00:51,880 --> 00:00:55,480 Let's quickly talk about what the first day for ye. 2 million 17 00:00:55,480 --> 00:00:58,920 volume, 1800 signups, 200,000 bets. 18 00:00:59,920 --> 00:01:05,800 Yeah, it's still going like we just, we just hit 2100 signups 19 00:01:07,800 --> 00:01:10,720 and yeah, closing on 250,000 bets. 20 00:01:10,720 --> 00:01:16,480 So huge, huge day and tons of people who came on, yeah, like 21 00:01:16,480 --> 00:01:19,960 we had some very early on, some performance stuff that we've now 22 00:01:20,360 --> 00:01:23,000 dealt with kind of and we're we're dealing with a couple more 23 00:01:23,000 --> 00:01:24,800 things now. But like the the problems that 24 00:01:24,800 --> 00:01:28,120 we're having is just so much demand basically, which is I 25 00:01:28,120 --> 00:01:31,960 think is a good problem have at the start of a product. 26 00:01:33,600 --> 00:01:37,560 And yeah, not getting a lot of sleep but but but life is good. 27 00:01:38,560 --> 00:01:40,600 We'll take it. So that's a good first day 28 00:01:40,600 --> 00:01:42,160 report. We're excited to, excited for 29 00:01:42,160 --> 00:01:43,880 you, excited to keep following along. 30 00:01:44,640 --> 00:01:47,240 I feel like this weekend, yeah. Well, we're going to be doing a 31 00:01:47,240 --> 00:01:50,080 lot with with for this show, right? 32 00:01:50,280 --> 00:01:54,360 Of course it'd be a lot of fun end of every single show. 33 00:01:54,360 --> 00:01:55,760 I think we'll we'll find something. 34 00:01:55,760 --> 00:01:58,760 I'm just I'm actually trying to like optimize the site for this 35 00:01:58,760 --> 00:02:02,600 show in some ways so that like this this can be done well, but 36 00:02:04,160 --> 00:02:06,840 yeah, we'll we'll we'll play got Sims. 37 00:02:06,840 --> 00:02:09,520 He's the producer he's been streaming for hours. 38 00:02:09,520 --> 00:02:14,160 You might be able to come in there and help us for when 39 00:02:14,160 --> 00:02:17,560 Feroke isn't here. Yeah, so I, I jumped into Sims 40 00:02:17,560 --> 00:02:21,600 stream yesterday and he was going through some of the games. 41 00:02:21,600 --> 00:02:24,520 I I watched him do the risky met game or risky click. 42 00:02:24,520 --> 00:02:28,400 Risky click Risky click Yeah yeah Sims his streams basically 43 00:02:28,400 --> 00:02:30,560 a guy swearing about 5 * a minute. 44 00:02:33,160 --> 00:02:38,640 Fuck, you will quickly get a glimpse into Sims his life. 45 00:02:38,640 --> 00:02:41,360 And all that you need to send tell the devil about that lamb, 46 00:02:41,360 --> 00:02:44,120 because he fucked me multiple times on that fucking Rd. 47 00:02:44,120 --> 00:02:48,280 yesterday. Multiple times that is, it is 48 00:02:48,280 --> 00:02:50,240 devious. There's a game that's basically 49 00:02:50,240 --> 00:02:53,320 shows you what you would have won if you yes, if you kept 50 00:02:53,320 --> 00:02:57,520 clicking. And Sims also like we have a 51 00:02:57,520 --> 00:02:59,920 game called Coin Race, which is basically like, you bet on 52 00:02:59,920 --> 00:03:03,560 different currencies and everyone bets on fartcoin and 53 00:03:04,560 --> 00:03:08,000 literally within millimeters. Sims lost one of these, and 54 00:03:08,000 --> 00:03:09,800 that's like A70X. Hopefully we'll get a bunch of 55 00:03:09,800 --> 00:03:11,680 them on this show. Actually, when I was showing 56 00:03:11,680 --> 00:03:13,480 Faroch how we're going to do it for this show, it was like we're 57 00:03:13,480 --> 00:03:16,240 just going to bounce back on every single show and then see 58 00:03:16,920 --> 00:03:20,760 see who wins. Fast of course, although buck 59 00:03:20,760 --> 00:03:25,600 coin might have it on the day, but in all seriousness folks, if 60 00:03:25,600 --> 00:03:28,680 you want to see some of these games in action, of course go go 61 00:03:28,680 --> 00:03:31,240 check out yeet. I will have the our our referral 62 00:03:31,240 --> 00:03:34,080 code here on on the screen, but also jump in in Sims of the 63 00:03:34,080 --> 00:03:37,400 streams like they are awesome. Yeah, and you'll get you'll get 64 00:03:37,400 --> 00:03:40,440 a feel for these games. So yeah, we're at the youth.com 65 00:03:40,440 --> 00:03:42,080 register with our FOMO hour code. 66 00:03:42,240 --> 00:03:46,720 That's what you'll need to to be eligible for our on air games 67 00:03:47,080 --> 00:03:50,480 starting at we think next week. Yeah, as long as it's going to 68 00:03:50,520 --> 00:03:52,600 be. Monday, yeah, when Farooq is 69 00:03:52,600 --> 00:03:57,160 back and you know, we'll see. We'll see how those prizes go. 70 00:03:58,400 --> 00:04:01,120 We'll see, but we're excited for it. 71 00:04:01,600 --> 00:04:03,840 Logie. Yellow Wall live from Peru. 72 00:04:04,200 --> 00:04:04,960 Jim, how? You doing? 73 00:04:04,960 --> 00:04:06,960 Hey, good morning, folks. Yeah, doing well. 74 00:04:07,040 --> 00:04:09,840 Another beautiful day here. Got a really great coffee this 75 00:04:09,840 --> 00:04:12,720 morning on my walk over. Feeling good, man. 76 00:04:13,280 --> 00:04:16,160 Prices are green, nothing to complain about. 77 00:04:16,480 --> 00:04:18,000 How strong is the Peruvian coffee? 78 00:04:19,200 --> 00:04:21,399 If you're getting espressos, you can get some really strong 79 00:04:21,399 --> 00:04:23,120 espressos. I've had some great espressos 80 00:04:23,240 --> 00:04:25,600 this morning. I went with a with a flat white. 81 00:04:26,600 --> 00:04:27,480 It's great. It's good. 82 00:04:27,480 --> 00:04:32,280 So not super strong, of course, but it's doing, it's doing the 83 00:04:32,280 --> 00:04:34,080 trick A. Little too soft for me. 84 00:04:34,560 --> 00:04:36,800 Yeah, I know, I know. I'm just feeling something a 85 00:04:36,800 --> 00:04:37,640 little different. I don't know. 86 00:04:37,640 --> 00:04:39,480 I don't know exactly why. I'm normally black coffee, 87 00:04:39,480 --> 00:04:41,640 Americano espresso, that type of thing. 88 00:04:43,040 --> 00:04:45,200 Today I opted. I opted out. 89 00:04:45,200 --> 00:04:46,560 I don't know. Nice. 90 00:04:46,560 --> 00:04:49,720 Well, we'll we'll see. Happy you get to experience that 91 00:04:49,720 --> 00:04:52,560 Peruvian coffee, folks. What are we talking about on 92 00:04:52,560 --> 00:04:54,480 today's show? The the markets are rallying 93 00:04:54,480 --> 00:04:56,800 here. We we've got crypto rallying as 94 00:04:56,800 --> 00:04:58,680 the dollar sinks, gold is soaring. 95 00:04:58,680 --> 00:05:00,160 The 10 year is up. There's a whole lot of 96 00:05:00,160 --> 00:05:03,640 volatility. Hype showing some serious 97 00:05:03,640 --> 00:05:06,040 strength in the alt streets. Fart coin showing strength in 98 00:05:06,040 --> 00:05:08,400 the meme streets. Memes are pumping kind of across 99 00:05:08,400 --> 00:05:11,280 that slot of board right now. We'll take a look at that prompt 100 00:05:11,280 --> 00:05:13,160 debut. We'll have some more reactions 101 00:05:13,160 --> 00:05:14,960 now that we're more than 24 hours in. 102 00:05:14,960 --> 00:05:16,760 It's going up here this morning as well. 103 00:05:17,080 --> 00:05:20,360 Logie wrote the story. Alien Punk sale, $6 million 104 00:05:20,800 --> 00:05:23,800 seems good at first glance. Then you see the seller lost $10 105 00:05:23,800 --> 00:05:26,040 million, maybe one of the biggest entity losses of all 106 00:05:26,040 --> 00:05:29,040 time. And then this big coin Ponzi, we 107 00:05:29,040 --> 00:05:31,560 we have to talk about it. It's over $10 million now, 108 00:05:31,560 --> 00:05:35,000 closing in on $15 million. This thing is up only. 109 00:05:36,320 --> 00:05:39,200 And we'll go around the horn on a few other topics as well. 110 00:05:39,200 --> 00:05:41,640 Before we dive in. Shout out to our partners 111 00:05:41,640 --> 00:05:44,400 starting with Galaxis. Galaxis is a web three platform 112 00:05:44,400 --> 00:05:47,280 empowering creators and brands to build unstoppable communities 113 00:05:47,280 --> 00:05:50,400 with full ownership and independence, trusted by icons 114 00:05:50,400 --> 00:05:53,040 like Donald Trump, Steve Aoki, Mike Tyson and the NBA. 115 00:05:53,360 --> 00:05:57,520 Shaping together the future of engagement and wallet Connect is 116 00:05:57,520 --> 00:06:00,640 the connectivity network shaping the future of on chain UX. 117 00:06:00,640 --> 00:06:03,080 If you've connected to a web 3 app, you've seen wallet Connect 118 00:06:03,080 --> 00:06:05,480 that blue logo. It's everywhere and icon of 119 00:06:05,480 --> 00:06:08,840 trust in crypto as recognizable as Visa at the checkout. 120 00:06:08,840 --> 00:06:11,640 If you want to learn more, follow at Wallet connect on X 121 00:06:11,640 --> 00:06:13,960 and Telegram to stay ahead of what's next. 122 00:06:14,320 --> 00:06:18,360 We love our partners as always, and I'd love to have you back 123 00:06:18,360 --> 00:06:20,200 here, Jim. Let's get right into it. 124 00:06:21,120 --> 00:06:30,040 To it, who is the man Macro daddy of the land? 125 00:06:33,600 --> 00:06:37,960 Can you dig it? Well, we're definitely having a 126 00:06:37,960 --> 00:06:39,880 stronger day at the moment and you kind of hit the nail on the 127 00:06:39,880 --> 00:06:42,680 head. It's mainly just this concept 128 00:06:42,680 --> 00:06:46,160 that gold is going absolutely wild and people looking at 129 00:06:46,160 --> 00:06:48,040 Bitcoin and saying this is digital gold. 130 00:06:49,040 --> 00:06:51,320 Maybe this is the thing that we should be owning a bit more of. 131 00:06:52,440 --> 00:06:56,720 You've seen the situation with China and, and, and the US has 132 00:06:56,720 --> 00:06:59,800 not really resolved. They've both increased tariffs 133 00:06:59,800 --> 00:07:02,400 again in the last 24 hours ago. They've both indicated they're 134 00:07:02,400 --> 00:07:04,040 not going to increase them further. 135 00:07:04,600 --> 00:07:07,680 And there was a slight olive branch before we went live, 136 00:07:07,680 --> 00:07:13,680 which was, I think the White House said to she, you know, 137 00:07:13,800 --> 00:07:16,680 let's start some talks and let's see what happens. 138 00:07:16,680 --> 00:07:19,400 I, I, I don't really know. I, I don't, as I've said before, 139 00:07:19,400 --> 00:07:20,960 I don't really feel like those two are going to come to any 140 00:07:20,960 --> 00:07:25,440 sort of a, an agreement. But I think, and I'm, I'm not 141 00:07:25,440 --> 00:07:27,200 too sure even how good this is for stocks. 142 00:07:27,200 --> 00:07:30,840 Like still pretty high tariffs. You have bond yields going 143 00:07:30,840 --> 00:07:33,280 higher, which is never really that good. 144 00:07:35,200 --> 00:07:39,880 And people are, I think, just nervous when bond yields go 145 00:07:39,960 --> 00:07:43,320 start to go back up again, because, you know, we keep on 146 00:07:43,320 --> 00:07:44,720 hoping that they're going to come back lower. 147 00:07:46,080 --> 00:07:49,600 Gold going higher is the main reprieve, I think for for 148 00:07:49,600 --> 00:07:53,240 Bitcoin here. And I think there is a, there's 149 00:07:53,240 --> 00:07:57,560 like a strong feeling that this is the time potentially for, 150 00:07:58,000 --> 00:08:04,160 for, for Bitcoin again, to really assert itself as a 151 00:08:05,160 --> 00:08:08,640 currency or like a store of value here. 152 00:08:08,880 --> 00:08:13,680 That is, that is impervious to kind of what's going on in, in 153 00:08:14,240 --> 00:08:18,920 broader macro and also may benefit from a slight collapse 154 00:08:18,920 --> 00:08:22,840 of dollar power or any major currency power. 155 00:08:22,840 --> 00:08:25,920 So if there's a time for Bitcoin, it does feel like it 156 00:08:25,920 --> 00:08:28,760 could be now. And that narrative is kind of 157 00:08:28,760 --> 00:08:31,920 coming, coming stronger. Part of that is also just 158 00:08:31,920 --> 00:08:34,200 because money printing is starting, starting out again, 159 00:08:34,440 --> 00:08:37,280 very, very strongly on the back of these tariffs. 160 00:08:37,280 --> 00:08:43,600 A lot of countries moving towards the, the idea that the 161 00:08:43,600 --> 00:08:46,880 only way to deal with it is to pump up liquidity, save the 162 00:08:47,000 --> 00:08:49,600 domestic companies. We've spoken about that a few 163 00:08:49,600 --> 00:08:52,720 times. So you know, I was bullish at 164 00:08:53,240 --> 00:08:56,520 bullish at the local lows 2 days ago when we did this show. 165 00:08:57,080 --> 00:09:00,800 I still kind of think that that's that is a medium term 166 00:09:00,800 --> 00:09:03,960 narrative. Now these tariffs have brought 167 00:09:03,960 --> 00:09:08,240 on brought forward a lot of money printing and I think 168 00:09:09,480 --> 00:09:11,440 you're meant to buy dips in Bitcoin. 169 00:09:12,800 --> 00:09:15,040 Things might get worse in macro before they get better. 170 00:09:15,040 --> 00:09:18,920 But if that macro then spills over and causes Bitcoin to fall, 171 00:09:18,920 --> 00:09:20,000 I think you're meant to buy Bitcoin. 172 00:09:20,000 --> 00:09:24,520 Do you know what I mean? So let's see let's see how it 173 00:09:24,520 --> 00:09:29,480 does in terms of what's actually rallying the most. 174 00:09:29,480 --> 00:09:33,080 Interestingly, hype has probably been the the best performing L1 175 00:09:33,080 --> 00:09:35,320 off the lows. I think part of that is just the 176 00:09:36,160 --> 00:09:38,880 the volumes going through, obviously the buyback people 177 00:09:38,880 --> 00:09:43,600 kind of time to forget the recent I guess I would call them 178 00:09:43,600 --> 00:09:45,960 exploits. But yeah, recent issues they've 179 00:09:45,960 --> 00:09:48,480 kind of had. Salaam has actually had a good 180 00:09:48,480 --> 00:09:52,360 24 hours. I think part of that is just a, 181 00:09:53,520 --> 00:09:56,440 oh, maybe we are with fat coin back at 900 million, we could we 182 00:09:56,440 --> 00:09:59,160 could start to see some more activity in in on those streets. 183 00:10:00,040 --> 00:10:04,800 AVAX got an ETF it looks like coming from I think it's Vanek, 184 00:10:04,800 --> 00:10:10,480 which is a pretty good sign. And yeah, just a kind of a 185 00:10:10,480 --> 00:10:14,480 rebound across the board. I would across the the a broad 186 00:10:14,480 --> 00:10:18,640 range of of L ones here. But for me, I'm still really 187 00:10:18,640 --> 00:10:21,400 just focusing on, on, on on Bitcoin here. 188 00:10:21,480 --> 00:10:24,440 I I just think it's the most obvious one if, if stocks fall 189 00:10:24,440 --> 00:10:28,080 out of bed, I think the L ones are the ones that probably go 190 00:10:28,080 --> 00:10:31,760 down. Whereas Bitcoin I think will 191 00:10:31,760 --> 00:10:34,240 continue to outperform. I haven't looked to pick on 192 00:10:34,240 --> 00:10:38,480 dominance, but I assume it has not gone down over the law. 193 00:10:40,640 --> 00:10:43,560 It's just going higher again. Just bring it up now. 194 00:10:44,280 --> 00:10:46,080 Up only. Yeah, 63 and up only. 195 00:10:46,960 --> 00:10:53,480 Yeah, So it's up again today. I oh, I just wouldn't short that 196 00:10:53,480 --> 00:10:55,280 here. I think. 197 00:10:55,280 --> 00:10:59,440 I think just don't I wouldn't overplay it necessarily. 198 00:10:59,760 --> 00:11:03,000 It's interesting that memes have have outperformed everything 199 00:11:03,560 --> 00:11:07,640 kind of on on this bounce, really just one meme to be fair. 200 00:11:07,640 --> 00:11:12,640 But like does feel as though people feel like those have 201 00:11:12,640 --> 00:11:15,480 bottomed out slightly, at least the main major ones. 202 00:11:15,480 --> 00:11:17,400 And and you're seeing some nice recovery across the board. 203 00:11:17,400 --> 00:11:21,600 So. That has been interesting to 204 00:11:21,600 --> 00:11:23,000 see. I want I want to dig into all 205 00:11:23,000 --> 00:11:24,240 that. I think maybe we start with with 206 00:11:24,240 --> 00:11:26,000 Bitcoin. A couple interesting more TA 207 00:11:26,280 --> 00:11:32,640 related posts that I saw easy, you know on the nitty show does 208 00:11:32,640 --> 00:11:35,880 several he he's got his trend line here saying basically 209 00:11:35,880 --> 00:11:37,680 Bitcoin keeps bouncing off of this trend line. 210 00:11:37,680 --> 00:11:40,080 But this is these these levels to watch. 211 00:11:41,840 --> 00:11:45,720 It's been bouncing off all the way down key level around 83. 212 00:11:45,720 --> 00:11:48,040 I think we're right above the trend line right now in the show 213 00:11:48,040 --> 00:11:52,360 like 82 five as I look at this. So what if we get to 85? 214 00:11:52,360 --> 00:11:54,240 Does that mean we're like, really? 215 00:11:55,280 --> 00:11:58,240 Is that the sign that we're breaking out if it gets to 85? 216 00:11:58,760 --> 00:12:03,000 And then Bollinger, John Bollinger himself coming out and 217 00:12:03,000 --> 00:12:09,200 saying there's AW band bottom. We're bringing out the Bollinger 218 00:12:09,200 --> 00:12:10,160 Bands. Wow. 219 00:12:10,160 --> 00:12:13,400 Yeah, it does. It does feel like Bitcoin has 220 00:12:13,400 --> 00:12:16,680 ranged here enough. That's that's what I would say. 221 00:12:20,080 --> 00:12:27,880 So I think that that is a it's a sign now that if if we get any 222 00:12:27,880 --> 00:12:30,880 sort of stability in macro, I think there'll be a question 223 00:12:30,880 --> 00:12:36,160 about whether we'll follow gold and general global M2 here going 224 00:12:36,160 --> 00:12:40,880 higher. I think this is quite like a 225 00:12:41,000 --> 00:12:43,800 Western centric show or like obviously we have a lot of 226 00:12:43,800 --> 00:12:46,360 people in the USUK who look at this sort of stuff. 227 00:12:46,360 --> 00:12:49,880 But I think globally, like for a lot of currencies right now, 228 00:12:49,880 --> 00:12:54,280 Bitcoin looks just looks attractive, Looks attractive in 229 00:12:54,280 --> 00:12:58,800 the trade war. Yeah, I I think it's not just 230 00:12:58,800 --> 00:13:00,800 the dollar. I think people will look at this 231 00:13:00,800 --> 00:13:03,600 for a lot of if you're only domestic currency into a trade 232 00:13:03,600 --> 00:13:07,000 war, Yeah. I just kind of felt like people 233 00:13:07,000 --> 00:13:10,040 want to own on the dollar, own Bitcoin potentially. 234 00:13:10,720 --> 00:13:12,160 Yeah, I mean the dollar was going down. 235 00:13:12,160 --> 00:13:15,160 I think that was one of the, the louder cries in the timeline 236 00:13:15,400 --> 00:13:19,960 last night was just how how rapidly the the dollar index was 237 00:13:19,960 --> 00:13:22,120 dropping against other currencies. 238 00:13:22,880 --> 00:13:24,480 I'm with you. I feel like that there's kind of 239 00:13:24,520 --> 00:13:29,720 a growing sentiment that now is the time for Bitcoin like the, 240 00:13:29,800 --> 00:13:33,280 the US is coming out and kind of overtly saying that they're 241 00:13:33,280 --> 00:13:35,800 ready to move away from the US dollar as a global reserve 242 00:13:35,800 --> 00:13:38,880 currency. We've got physical gold 243 00:13:39,160 --> 00:13:43,040 rocketing up. Like if not now when right there 244 00:13:43,040 --> 00:13:45,840 there's there's more global volatility and chaos than we've 245 00:13:45,840 --> 00:13:48,880 had in what feels like a a fairly long time. 246 00:13:51,080 --> 00:13:53,760 Grayscale came out, they released a report, there wasn't 247 00:13:53,760 --> 00:13:57,320 a whole lot of meat behind this, but they were talking about how 248 00:13:57,560 --> 00:14:00,480 tariffs could be a boom for Bitcoin and then effectively at 249 00:14:00,480 --> 00:14:04,120 this point to how it has been holding up relatively strongly 250 00:14:04,120 --> 00:14:08,640 compared with stocks and other indices over the the last months 251 00:14:09,000 --> 00:14:11,920 and during this decline. So I think we're seeing more of 252 00:14:11,920 --> 00:14:13,720 that. Yeah, I actually, I wrote an 253 00:14:13,720 --> 00:14:15,320 article about this report as well. 254 00:14:16,320 --> 00:14:18,800 One of the interesting points to me was, you know, they pointed 255 00:14:18,800 --> 00:14:22,480 to stagflation potentially coming as a result of the the 256 00:14:22,480 --> 00:14:27,160 higher tariffs and how scarce commodities outperform in those 257 00:14:27,160 --> 00:14:29,440 periods of time. Like they, they showcased gold 258 00:14:29,440 --> 00:14:34,440 appreciating 30% annualized in the 70s and sort of leading 259 00:14:34,440 --> 00:14:37,080 itself to say that, you know, even though Bitcoin hasn't had a 260 00:14:37,080 --> 00:14:42,320 period of stagflation in its history, it would seemingly, you 261 00:14:42,320 --> 00:14:45,760 know, fall, potentially fall in line just like, you know, gold 262 00:14:45,760 --> 00:14:49,360 did. So we'll see, we'll see. 263 00:14:49,960 --> 00:14:51,960 But this, this, you're right, Tyler, I mean, this is, it's, 264 00:14:52,000 --> 00:14:54,960 it's time to shine. I, I feel like I saw a tweet 265 00:14:54,960 --> 00:14:57,880 from Bob Lucas the maybe today or yesterday that said though, 266 00:14:58,200 --> 00:15:01,280 that he thinks it's, it's failing it's opportunity right 267 00:15:01,280 --> 00:15:04,280 now to shine. Because we said, was it the same 268 00:15:04,280 --> 00:15:09,720 poster where he said. It was a different one, but I'm 269 00:15:09,720 --> 00:15:12,840 not sure if I was viewing my feed chronologically or not. 270 00:15:12,840 --> 00:15:15,800 So it could have been from, it could have been from days ago at 271 00:15:15,800 --> 00:15:19,800 this time, but yeah. I mean, it's, it's lagging gold 272 00:15:19,800 --> 00:15:22,240 in this rally for sure. But then I think I've seen other 273 00:15:22,240 --> 00:15:25,240 posts, other people saying that's typically how it has been 274 00:15:25,280 --> 00:15:28,440 gold rallies first, then then Bitcoin runs further. 275 00:15:29,000 --> 00:15:30,880 I think Arthur Hayes was saying that. 276 00:15:30,880 --> 00:15:34,320 So I don't I don't have the data to back that up, but I did see 277 00:15:34,880 --> 00:15:37,000 that take it. It's so hard to predict on a 278 00:15:37,000 --> 00:15:39,320 day-to-day basis, right. And so much of this is just at 279 00:15:39,320 --> 00:15:45,160 the whims of Trump, China rhetoric and any other, you 280 00:15:45,160 --> 00:15:47,320 know, surprises that that may come out. 281 00:15:47,320 --> 00:15:54,000 But it does feel like it. I mean, it's held up really, 282 00:15:54,160 --> 00:15:57,000 really damn strong. And the double bounce now off 283 00:15:57,000 --> 00:16:02,600 75. I think it's a, it's a comfier 284 00:16:02,600 --> 00:16:05,640 hold now that it's yeah, I think it has been for a while. 285 00:16:06,840 --> 00:16:11,200 So I like it at these levels. You kind of know your downside, 286 00:16:12,720 --> 00:16:15,640 right? And and there's a lot going for 287 00:16:15,640 --> 00:16:17,920 it right now. I think that the main worry is 288 00:16:17,920 --> 00:16:20,560 still the US tenure, you know, like if that continues to go, 289 00:16:21,520 --> 00:16:24,920 oh, that's. Nice just going on, in fact. 290 00:16:25,760 --> 00:16:31,240 To go higher than then people will just get worried about like 291 00:16:31,240 --> 00:16:34,520 a global meltdown because there's a lot of debt around. 292 00:16:35,760 --> 00:16:38,720 And that for me is bullish for Bitcoin. 293 00:16:38,720 --> 00:16:43,080 But some people might be like that initial move. 294 00:16:43,080 --> 00:16:47,160 If you start to see, if you start to see like, like things, 295 00:16:47,160 --> 00:16:50,680 things starting to break, then then we kind of already saw what 296 00:16:50,680 --> 00:16:52,040 happened to Bitcoin in that time. 297 00:16:52,040 --> 00:16:56,560 So yeah, I obviously don't know. But I also think people might 298 00:16:56,560 --> 00:16:58,080 reach for it even more in that time. 299 00:16:58,080 --> 00:16:59,840 That's what I'm kind of like saying it's very difficult to 300 00:16:59,840 --> 00:17:04,480 judge like how quick the secondary reaction will be 301 00:17:04,480 --> 00:17:07,960 there. Right. 302 00:17:07,960 --> 00:17:11,800 So do we, I know you, you've been busy and, and neck deep in, 303 00:17:11,839 --> 00:17:17,680 in the, the launch. Is it the the Chinese selling 304 00:17:17,880 --> 00:17:20,480 their U.S. Treasuries that that's driving 305 00:17:20,480 --> 00:17:24,359 this this massive move? Something that. 306 00:17:24,760 --> 00:17:27,440 Details. Yeah. 307 00:17:27,440 --> 00:17:31,080 Look, it's something I think that maybe people in the US 308 00:17:31,080 --> 00:17:38,160 aren't really aware of, but like the biggest holders or most of 309 00:17:38,160 --> 00:17:43,360 the biggest holders of of U.S. debt as in like who, who funds 310 00:17:44,760 --> 00:17:48,000 your budget deficits is other countries. 311 00:17:50,560 --> 00:17:56,200 China owns 750 billion. Japan reportedly owns like 2-3 312 00:17:56,200 --> 00:17:58,200 trillion. Right. 313 00:17:59,760 --> 00:18:03,160 And there's a, there's a, there's tons of countries that, 314 00:18:03,160 --> 00:18:05,640 that own U.S. Treasuries, like just tons. 315 00:18:06,320 --> 00:18:11,480 So like when you like when people say, oh, how do we get 316 00:18:11,480 --> 00:18:14,160 this money from, it's from other countries, like saying, Hey, 317 00:18:14,560 --> 00:18:15,840 it's OK. We're like, we're OK. 318 00:18:15,840 --> 00:18:18,160 We think you're a good lender. Like we'll get your money back. 319 00:18:18,560 --> 00:18:23,440 The, the the comment was it was Japan, potentially because they 320 00:18:23,440 --> 00:18:25,880 were trying to defend their own currency, but it's if you're 321 00:18:25,880 --> 00:18:28,280 going to start a trade war, just know that the budget deficits in 322 00:18:28,280 --> 00:18:33,320 the US are essentially funded by other countries and that's 323 00:18:33,400 --> 00:18:35,720 that's why the bluff was called, let's put it that way it. 324 00:18:37,040 --> 00:18:42,360 Is a very interconnected world order right now. 325 00:18:42,360 --> 00:18:45,080 I think this other this flashing headline here on CNBC. 326 00:18:45,080 --> 00:18:47,760 Consumer sentiment tumbles in April as an inflation fear 327 00:18:47,760 --> 00:18:50,360 spike. I think that does match the 328 00:18:50,360 --> 00:18:51,800 reality. Like on yesterday's show, we had 329 00:18:51,800 --> 00:18:54,920 Sam stats come on and he said he's already starting to make 330 00:18:55,520 --> 00:18:57,560 like some soft changes. They go out to dinner and like, 331 00:18:57,560 --> 00:18:59,200 let's go somewhere a little bit cheaper today. 332 00:19:00,440 --> 00:19:01,840 And Logan. Logan, we were chatting after 333 00:19:01,840 --> 00:19:02,800 the show. You said that caught you off 334 00:19:02,800 --> 00:19:04,360 guard a little bit. Yeah, it did. 335 00:19:05,160 --> 00:19:08,000 It did catch me off guard. And you know, some of that is 336 00:19:08,000 --> 00:19:11,040 perhaps my own ignorance, you know, in just the way that I'm 337 00:19:11,040 --> 00:19:13,720 going about things. But those are, those are the 338 00:19:13,720 --> 00:19:18,040 very real anecdotes that I think it's difficult to to receive 339 00:19:18,040 --> 00:19:22,120 sometimes because we're so enveloped and isolated in ZT, 340 00:19:22,400 --> 00:19:24,520 right? And it's, it's really difficult 341 00:19:24,520 --> 00:19:28,320 to get outside kind of our own little Chamber of individuals. 342 00:19:28,320 --> 00:19:32,400 But it, there is a very real world out there in which people 343 00:19:32,800 --> 00:19:36,520 have to be cognizant of how much they're spending each and every 344 00:19:36,520 --> 00:19:39,520 day on food, at restaurants, on groceries. 345 00:19:40,400 --> 00:19:42,120 And those things, those things definitely matter. 346 00:19:43,160 --> 00:19:45,920 So don't, you know, despite my own ignorance, don't want to 347 00:19:45,920 --> 00:19:48,280 downplay the importance of those things. 348 00:19:48,280 --> 00:19:53,720 So yeah, that, that type of stuff and that that feels like 349 00:19:53,720 --> 00:19:55,920 I'm not an economist in any way, but that's, that's the type of 350 00:19:55,920 --> 00:19:59,760 stuff that feels lagging right in in a way, right like. 351 00:20:03,520 --> 00:20:06,000 I don't know how I'm trying to say it, but like the we, the 352 00:20:06,000 --> 00:20:09,560 numbers themselves will will catch up in in the future as 353 00:20:09,560 --> 00:20:11,880 less people buy things because of it, right? 354 00:20:11,880 --> 00:20:12,640 Right. Yeah. 355 00:20:12,680 --> 00:20:15,280 So people are tightening up now that's not maybe right, right 356 00:20:15,400 --> 00:20:18,840 shown that'll be in the next round of earnings reports all 357 00:20:18,840 --> 00:20:22,040 that. So I am looking at the the 358 00:20:22,040 --> 00:20:23,880 details now on this consumer sentiment there. 359 00:20:24,320 --> 00:20:29,200 The the consumers who were surveyed here are projecting 360 00:20:30,400 --> 00:20:33,720 expectations for inflation to be up to 7% next year. 361 00:20:34,560 --> 00:20:37,880 So clearly there's like a lot of concern over the tariffs that I 362 00:20:37,880 --> 00:20:40,360 mean that that is a massive jump, especially when the actual 363 00:20:40,360 --> 00:20:45,280 trueflation numbers like right in front of us are are going to 364 00:20:45,440 --> 00:20:48,960 to new lows. I think I actually tweeted this 365 00:20:48,960 --> 00:20:50,800 yesterday. I'll see if I can pull this up. 366 00:20:52,280 --> 00:20:56,560 Kyle over from Milk Rd. I guess he's been tracking the 367 00:20:56,640 --> 00:21:02,400 the trueflation numbers compared to CPI and effectively 11 months 368 00:21:02,400 --> 00:21:06,880 in a row Trueflation has predicted the CPI number exactly 369 00:21:06,880 --> 00:21:10,160 with a 45 day lead. And if you look at it right now, 370 00:21:10,160 --> 00:21:14,920 Trueflation is showing a 1.75%. So the next CPI he's he's 371 00:21:14,920 --> 00:21:17,080 predicting will be right there if this trend holds. 372 00:21:18,000 --> 00:21:21,640 So as of right now trueflation is going down rapidly. 373 00:21:21,640 --> 00:21:26,280 But that's also to be noted that that the tariffs haven't really 374 00:21:26,800 --> 00:21:29,280 started hitting us yet, at least that I've seen. 375 00:21:29,600 --> 00:21:35,000 So a lot of uncertainty, but maybe consumers being overly 376 00:21:35,000 --> 00:21:39,000 afraid as well. Could be, could be mixed in, But 377 00:21:39,440 --> 00:21:42,080 we'll we'll certainly see how that continues to impact a lot 378 00:21:42,080 --> 00:21:45,840 of other stories on the day. I think that was a pretty good 379 00:21:46,240 --> 00:21:49,360 macro roundup. And we we got to talk about the 380 00:21:49,360 --> 00:21:51,760 hype strength here. Hype. 381 00:21:52,440 --> 00:21:56,720 Absolutely one of the top alts out there is over $15 this 382 00:21:56,720 --> 00:22:00,720 morning. Since that, that local bottom 383 00:22:01,200 --> 00:22:04,160 that we hit what Sunday night? It's up about 50%. 384 00:22:05,160 --> 00:22:08,000 So other than fartcoin and maybe a handful of other memes like 385 00:22:08,000 --> 00:22:12,640 this was one of the better tokens to trade off that off 386 00:22:12,640 --> 00:22:17,400 that recent rally. So it's it's becoming, it's hard 387 00:22:17,400 --> 00:22:19,000 to ignore that. I think if you're in here 388 00:22:19,000 --> 00:22:21,000 looking for day-to-day trades at this point. 389 00:22:21,000 --> 00:22:23,240 And then Moon Overlord who actually haven't even seen him 390 00:22:23,240 --> 00:22:27,720 tweet about hype all that much, if I'm being honest, says it's 391 00:22:27,720 --> 00:22:32,400 the only coin that would survive stock market evaluations and 392 00:22:32,400 --> 00:22:34,960 that we're going towards that route, which it does feel like 393 00:22:34,960 --> 00:22:36,840 we are going a little bit that route. 394 00:22:37,000 --> 00:22:39,880 Like at least anecdotally, when I read the timeline, there's a 395 00:22:39,880 --> 00:22:44,640 little bit more focus on revenue, buybacks, things of 396 00:22:44,640 --> 00:22:47,400 that nature. Logan, any reactions here to 397 00:22:47,400 --> 00:22:48,320 this? I know we've been talking about 398 00:22:48,320 --> 00:22:52,400 have a lot but. Yeah, I don't, I don't know the 399 00:22:52,400 --> 00:22:55,800 best way to characterize it. Not necessarily shocked, I don't 400 00:22:55,800 --> 00:22:57,720 think. I think the narrative has 401 00:22:57,720 --> 00:22:59,480 shifted. Maybe sentiment has shifted 402 00:22:59,480 --> 00:23:02,200 around hype a little bit, no pun intended. 403 00:23:02,200 --> 00:23:06,520 But my timeline seems to be a bit less hyped about it than it 404 00:23:06,520 --> 00:23:09,240 was at, you know, one point in time. 405 00:23:09,800 --> 00:23:13,800 But in terms of the mechanics here, aside from, you know, what 406 00:23:13,800 --> 00:23:15,680 Mando was mentioning in the beginning, those few little 407 00:23:15,680 --> 00:23:19,760 blips of, you know, kind of exploiting or taking advantage 408 00:23:19,760 --> 00:23:25,160 of HLP in the vaults, it's still operating as it was previously, 409 00:23:25,480 --> 00:23:26,440 right? There's tons of trading 410 00:23:26,440 --> 00:23:27,920 activity. They're still buying back tons 411 00:23:27,920 --> 00:23:30,320 of hype, which is what Moon is alluding to. 412 00:23:32,120 --> 00:23:35,800 I mean, until people stop utilizing and trading and they 413 00:23:35,800 --> 00:23:40,400 stop buying hype, it's it's going to remain pretty strong 414 00:23:40,400 --> 00:23:43,960 I'd imagine. Yeah, I agree. 415 00:23:44,680 --> 00:23:48,520 And I I've so I talked about on the show, I closed my position 416 00:23:48,520 --> 00:23:50,800 during the exploit. I was eyeing it on the dip. 417 00:23:50,800 --> 00:23:53,120 I did not get back in and now I'm like the FOMO was starting 418 00:23:53,120 --> 00:23:56,560 to build a little bit. So this is 1 I'll continue to to 419 00:23:56,560 --> 00:24:01,280 watch out for on dips. I think the other another story 420 00:24:01,280 --> 00:24:03,400 here we've been dancing around. We've been talking about it a 421 00:24:03,400 --> 00:24:05,120 ton on this show. I don't think we need to spend a 422 00:24:05,120 --> 00:24:09,720 whole lot of time. 860. My God fart coin that the cup 423 00:24:09,720 --> 00:24:14,000 and handle breakout looking picture perfect there. 424 00:24:14,960 --> 00:24:18,880 It was like 370, I feel like when we were on the show. 425 00:24:19,880 --> 00:24:21,680 I got you. Yeah, when I was on the show 426 00:24:21,680 --> 00:24:25,800 last week, I feel like it was like 370 million and you could 427 00:24:25,800 --> 00:24:28,760 have gotten it way lower than that, like days before that too, 428 00:24:28,760 --> 00:24:32,160 I think. It was very viable at 400 for 429 00:24:32,160 --> 00:24:34,800 for basically all several days last week. 430 00:24:34,800 --> 00:24:41,960 I mean it chopped, it chopped at 300 for three weeks with lows, 431 00:24:42,080 --> 00:24:45,880 hit 200 million at the bottom. So now a full 4 1/2 X almost. 432 00:24:46,000 --> 00:24:52,760 It hit 920 this morning briefly. This is the the fastest horse 433 00:24:52,760 --> 00:24:57,640 and it continues to be and it does like the parallels to Pepe 434 00:24:57,640 --> 00:25:03,560 from the 2023-2024 era. I think are are striking where 435 00:25:03,920 --> 00:25:07,440 Pepe was the was the the meme coin brought up the most. 436 00:25:07,440 --> 00:25:09,520 It was usually the fastest runner off the bottom. 437 00:25:10,560 --> 00:25:13,840 And now you don't really see as much Pepe talk and you see a lot 438 00:25:13,840 --> 00:25:17,040 of a lot of far coin talk. I mean, it's the mind share 439 00:25:17,040 --> 00:25:19,440 winner every single day. Like I look at this cookie board 440 00:25:20,040 --> 00:25:23,640 even on prompts debut which was heavily flooded 4 coin's still 441 00:25:23,640 --> 00:25:28,840 #1. Yeah, I think far coin might be 442 00:25:28,840 --> 00:25:32,880 1 like the number one coin for mindshare and crypto, but I see 443 00:25:32,920 --> 00:25:38,600 right, like it's wild people, people just love this thing. 444 00:25:39,200 --> 00:25:42,200 Wait, did far coin ever get it? Did it ever get a listing from 445 00:25:42,200 --> 00:25:43,600 anywhere? Any Tier 1. 446 00:25:44,520 --> 00:25:47,400 I was just, I was trying to find the Gordon Goner tweet, the 447 00:25:47,400 --> 00:25:50,480 very, very first one from like November in which he outlined 448 00:25:50,480 --> 00:25:54,200 the thesis about like, you know, how everybody's going to make 449 00:25:54,200 --> 00:25:57,320 fun of this and it would be the the biggest mind share winner, 450 00:25:57,320 --> 00:25:59,520 which is largely played out thus far. 451 00:26:01,000 --> 00:26:05,840 But yeah, I was reading back in January in my attempt to find 452 00:26:05,840 --> 00:26:08,800 that he said this is a once in a cycle onboarding opportunity. 453 00:26:10,400 --> 00:26:13,440 Man, he he's he's been spot on about this basically the entire 454 00:26:13,440 --> 00:26:15,640 way. That is crazy that it hasn't 455 00:26:15,640 --> 00:26:17,880 gotten a listing. I'm I feel like I'm, I'm going 456 00:26:17,880 --> 00:26:21,640 to really, I own like 100 far coin on a Ledger that I sent 457 00:26:21,640 --> 00:26:24,840 there as a test to get my Ledger set up and everything like that. 458 00:26:26,000 --> 00:26:31,920 I have what I have 80 yeah, I've got like what 86 dollars or 459 00:26:31,920 --> 00:26:36,200 something like that in far coin. But I feel like I'm going to 460 00:26:36,200 --> 00:26:39,840 really, really be kicking myself for not adding in that 300 range 461 00:26:39,840 --> 00:26:44,840 the first time it started to showcase like even a blip of of 462 00:26:44,840 --> 00:26:47,400 strength in the face of everything else should have been 463 00:26:47,960 --> 00:26:50,280 signal or should have been a signal. 464 00:26:50,280 --> 00:26:53,200 Yeah, exactly. But of course, that's when you 465 00:26:53,200 --> 00:26:57,160 know, I I didn't have the balls to be to be greedy when others 466 00:26:57,160 --> 00:27:00,000 were fearful. I mean this as it is the. 467 00:27:00,080 --> 00:27:03,240 Bottom About a month ago, March 10th, was when I wasn't even 468 00:27:03,240 --> 00:27:05,640 opening my phantom wallet on a day-to-day basis because I 469 00:27:05,640 --> 00:27:07,480 didn't want to see what the numbers were going to tell me. 470 00:27:08,400 --> 00:27:11,560 And historically, at least for me personally, that has been a a 471 00:27:11,640 --> 00:27:14,320 bottom signal. What's also interesting at this 472 00:27:14,320 --> 00:27:18,800 level is now if you remember that the fall from 270 that the 473 00:27:19,080 --> 00:27:23,760 peak Trump weekend back to a dollar happened in it happened 474 00:27:23,760 --> 00:27:25,640 in eight days. It was rapid and we were 475 00:27:25,640 --> 00:27:28,880 euphoric and not that many people took profits in that 476 00:27:28,880 --> 00:27:30,920 range. So we're a lot of the, the first 477 00:27:30,920 --> 00:27:34,200 group of whales really started to capitulate their bags is now 478 00:27:34,200 --> 00:27:38,240 lower than we're at right now. So I think like Tykey, you know 479 00:27:38,240 --> 00:27:41,040 who, who who tried to become the face of our coin there for a bit 480 00:27:41,040 --> 00:27:43,360 sold a lot. I think he capitulated at 600. 481 00:27:44,120 --> 00:27:46,200 So now we're 4040% above that level. 482 00:27:47,280 --> 00:27:52,040 So if you waited, if you didn't catch this move, now you're, 483 00:27:52,040 --> 00:27:55,080 you're buying higher. I think there are still marginal 484 00:27:55,080 --> 00:27:57,720 buyers for this and I think they're continued there. 485 00:27:57,920 --> 00:28:02,160 There will continue to be. And what I mean, Pepe went to 11 486 00:28:02,160 --> 00:28:05,600 billion, I know. I need to, I need to be a buyer 487 00:28:05,600 --> 00:28:09,280 here at some point. I just, I feel bad, you know, it 488 00:28:09,280 --> 00:28:11,360 just feels so bad. I'm so bad at the buying the 489 00:28:11,360 --> 00:28:13,360 winners thing. I've said that a lot before, but 490 00:28:14,400 --> 00:28:18,880 I'm, it stinks to buy the 300% gain in the month, especially 491 00:28:18,880 --> 00:28:20,360 when I was here every single day. 492 00:28:20,480 --> 00:28:21,840 You know, I was here every damn day. 493 00:28:21,840 --> 00:28:26,080 It's not like I I wasn't around. It's hard to buy these candles. 494 00:28:26,280 --> 00:28:28,960 I, I can understand, I, I, I think you'll have another entry 495 00:28:29,200 --> 00:28:31,560 like I'm, I'm not telling everyone to go race out and buy 496 00:28:31,600 --> 00:28:37,880 the, the 100% move we just saw in three days, but some clear, 497 00:28:37,880 --> 00:28:43,360 clear strength and another token that's showing some, some nice 498 00:28:43,360 --> 00:28:45,320 strength. This morning was prompt went all 499 00:28:45,320 --> 00:28:49,960 the way up to $0.28. So back at 250 million FTV. 500 00:28:50,480 --> 00:28:52,440 Logan, we talked about this at length yesterday. 501 00:28:52,440 --> 00:28:54,360 I don't know that we need to go in super detail. 502 00:28:54,920 --> 00:28:59,840 I think 1 development was Kalos. We had them on the show a week 503 00:28:59,840 --> 00:29:03,840 ago as we've talked about Wave Finder and all the different AI 504 00:29:03,840 --> 00:29:05,560 agents. And then there was a lot of fun 505 00:29:05,560 --> 00:29:07,040 on the timeline Yesterday we talked about the fun. 506 00:29:07,080 --> 00:29:09,120 He he came out and responded to it head on. 507 00:29:09,240 --> 00:29:10,840 Curious for a few lots of reactions. 508 00:29:11,360 --> 00:29:13,880 I, I really appreciate that and I, I know I have a little bit of 509 00:29:13,880 --> 00:29:17,040 bag bias here because I have a prompt air drop the claim, but 510 00:29:17,920 --> 00:29:19,880 I, I just appreciate founders who are willing to be 511 00:29:19,880 --> 00:29:22,080 transparent. You know, he says right full 512 00:29:22,080 --> 00:29:23,240 well, right in the very beginning. 513 00:29:23,240 --> 00:29:27,400 We could have communicated better, of course, things didn't 514 00:29:27,400 --> 00:29:30,600 go to plan or, you know, as smoothly as they could have 515 00:29:30,600 --> 00:29:33,880 been, but just the willingness to kind of face this in, in the 516 00:29:33,880 --> 00:29:36,520 same day, basically as everything is falling apart. 517 00:29:37,120 --> 00:29:42,200 We know how how infrequently that type of stuff occurs in 518 00:29:42,200 --> 00:29:45,160 this industry. So I, I huge props to Kayla's 519 00:29:45,160 --> 00:29:48,920 for that. I still don't I still don't know 520 00:29:50,000 --> 00:29:53,680 what the future holds for this token, but I am convicted in a 521 00:29:53,680 --> 00:29:58,040 product like it succeeding, you know, whether it's Wayfinder or 522 00:29:58,040 --> 00:30:01,760 not, something that is going to allow you to participate in 523 00:30:01,760 --> 00:30:06,840 crypto in that way with the, you know, very easy chatting with a 524 00:30:07,000 --> 00:30:11,920 an agent to accommodate all of your needs on chain without the 525 00:30:11,920 --> 00:30:14,880 difficulties that the in the current technological barriers 526 00:30:14,880 --> 00:30:18,080 for many, something like that is going to be necessary if on 527 00:30:18,080 --> 00:30:20,680 chain activity is going to persist in my opinion. 528 00:30:20,800 --> 00:30:24,040 So definitely bullish on something like it succeeding and 529 00:30:24,040 --> 00:30:27,000 right now the only bet you can make is on prompt and so you're 530 00:30:27,000 --> 00:30:30,080 not financial advice, but that's why that's why I'm participating 531 00:30:30,080 --> 00:30:33,720 and holding this token. I think you nailed the bull 532 00:30:33,720 --> 00:30:37,840 case. I said that the comments are 533 00:30:37,840 --> 00:30:41,440 asked for my 3K3 takeaways from our interview with Kaylos and 534 00:30:44,840 --> 00:30:47,440 and the team and like my very first one was they're in pole 535 00:30:47,440 --> 00:30:50,320 position for on Cheney. I copilot and I do believe that 536 00:30:50,320 --> 00:30:54,640 is a need that a lot of folks will will want and they may not 537 00:30:54,640 --> 00:30:55,960 even know they want it yet, right. 538 00:30:55,960 --> 00:30:58,880 It's just like ChatGPT like a lot of us didn't know we need 539 00:30:58,880 --> 00:31:00,000 it. And then once you actually start 540 00:31:00,000 --> 00:31:03,680 integrating it into your daily life, you, you get to a turning 541 00:31:03,680 --> 00:31:07,920 point where it becomes harder to do your daily tasks without it, 542 00:31:08,680 --> 00:31:10,720 like once you start becoming more reliant on it. 543 00:31:11,720 --> 00:31:13,400 And I'm finding myself kind of getting to that point. 544 00:31:13,920 --> 00:31:16,200 I'm there. Yeah, I'm. 545 00:31:16,240 --> 00:31:20,480 I'm there too. People aren't there yet for 546 00:31:20,480 --> 00:31:23,320 their day-to-day crypto transactions, not even power 547 00:31:23,320 --> 00:31:26,880 users, right? But as you become more and more 548 00:31:26,880 --> 00:31:30,000 comfortable to these tools and and the trust builds over time, 549 00:31:30,480 --> 00:31:32,600 I do think we'll, we'll cross that chasm. 550 00:31:32,840 --> 00:31:35,360 Yeah, I think one of the potential like really big 551 00:31:35,360 --> 00:31:36,960 unlocks. Maybe this is a segue to some 552 00:31:36,960 --> 00:31:40,040 other topics as well. For example, like I, I was out 553 00:31:40,040 --> 00:31:45,200 this weekend doing stuff and I, I saw you talking about Bitcoin 554 00:31:45,640 --> 00:31:49,040 and some other things like that. It was just too difficult for me 555 00:31:49,080 --> 00:31:52,000 to do all those things in where I was at the time, right? 556 00:31:52,000 --> 00:31:54,200 Like I would have had to bridge some more money to abstract or 557 00:31:54,200 --> 00:31:57,640 do all this shit. Consider I had the opportunity 558 00:31:57,800 --> 00:32:01,240 and I don't believe wave Finder prompt has abstract connections 559 00:32:01,240 --> 00:32:03,520 at this point in time. But you consider in a future 560 00:32:04,200 --> 00:32:06,360 where I could have just said, Hey, I want to participate in 561 00:32:06,360 --> 00:32:08,360 this, can you help me? Right. 562 00:32:08,560 --> 00:32:11,080 And it's conceivable that it would have been able to and I 563 00:32:11,080 --> 00:32:15,120 would had exposure to that. But instead I didn't take all 564 00:32:15,120 --> 00:32:17,720 the steps necessary with which I believe there would have been 565 00:32:17,720 --> 00:32:20,800 many for me and I missed and then I just sat out. 566 00:32:21,360 --> 00:32:23,800 So. And I think there's always an 567 00:32:23,800 --> 00:32:25,720 open question of what do you need the token for? 568 00:32:25,720 --> 00:32:27,600 I actually think this is one that has one of the more clear 569 00:32:27,600 --> 00:32:31,920 use cases for the token like they they said as much as 570 00:32:31,920 --> 00:32:36,160 collateralizing these paths, paths here being transaction 571 00:32:36,160 --> 00:32:39,200 path. So how does Logan use the Midas 572 00:32:39,240 --> 00:32:45,840 agent to bridge USDC from ETH to abstract to enable him to buy 573 00:32:45,840 --> 00:32:48,640 the Bitcoin token? So that's what it'll be used 574 00:32:48,640 --> 00:32:52,280 for, among other things. And man, should he have bought 575 00:32:52,280 --> 00:32:54,520 that Bitcoin token? He is. 576 00:32:54,560 --> 00:32:57,840 He is more poor today than he would have been if he figured 577 00:32:58,040 --> 00:33:01,840 that out. Because folks, this is this 578 00:33:01,840 --> 00:33:03,480 token's off the chart. I tweeted last night. 579 00:33:03,480 --> 00:33:07,480 It looks like a honeypot chart more than it does a Ponzi game. 580 00:33:07,640 --> 00:33:09,600 Maybe those two things are are usually similar. 581 00:33:09,920 --> 00:33:11,280 I haven't. I don't think we've seen a 582 00:33:11,280 --> 00:33:13,760 successful Ponzi game like this in quite some time. 583 00:33:15,760 --> 00:33:18,680 Like, what's even the last one you could remember that had? 584 00:33:19,120 --> 00:33:20,760 I mean, granted, it's still pretty new. 585 00:33:20,760 --> 00:33:23,360 The five kingdoms or what was that one that that that was on 586 00:33:23,360 --> 00:33:25,760 blast that. Crypto valleys. 587 00:33:26,240 --> 00:33:29,080 Crypto valleys. Did anyone even did people went 588 00:33:29,080 --> 00:33:31,040 on crypto valleys? I feel like that one like shot 589 00:33:31,040 --> 00:33:33,400 so high so fast and then it was down only. 590 00:33:33,800 --> 00:33:37,960 Like the first week 1 maybe? Yeah, I mean crypto values was 591 00:33:37,960 --> 00:33:40,960 the last one that was that had a lot of money pumped into it and 592 00:33:40,960 --> 00:33:44,280 like orders of magnitude more capital then then it's been 593 00:33:44,280 --> 00:33:48,520 pumped into defense. But yeah, what is, what is it? 594 00:33:48,920 --> 00:33:51,080 It's just a Ponzi. Yeah. 595 00:33:51,080 --> 00:33:59,480 So so basically a mining game Bitcoin mirrors the tokenomics 596 00:33:59,520 --> 00:34:03,880 of of Bitcoin and everyone had the chance to to start out and 597 00:34:03,880 --> 00:34:06,920 basically mine for free. So you could get this this 598 00:34:06,920 --> 00:34:12,679 potato, which would allow you to to mine like a very low amount 599 00:34:12,679 --> 00:34:16,040 of bitcoins every day. But then if you wanted to 600 00:34:16,040 --> 00:34:20,159 invest, you could actually buy like higher end like this is a 601 00:34:20,239 --> 00:34:25,560 NVIDIA ZPU which which mines. So I put in a decent bit of 602 00:34:25,560 --> 00:34:28,880 capital the first day, reinvested profits, upgraded on 603 00:34:28,880 --> 00:34:32,560 the second day, and then I've been kind of selling and and 604 00:34:32,560 --> 00:34:34,880 taking promise and choosing not to upgrade since then. 605 00:34:35,320 --> 00:34:35,960 Right now I. Don't know. 606 00:34:36,080 --> 00:34:37,400 No one texted me about this thing. 607 00:34:37,400 --> 00:34:39,840 I only found out about it at like 5 or 10 million. 608 00:34:39,880 --> 00:34:42,360 Was this was this going on? Well, I've had another chat. 609 00:34:42,360 --> 00:34:44,760 I put the referral link in the formal chat. 610 00:34:44,760 --> 00:34:47,400 One mil Michael, you didn't click it, that's why. 611 00:34:48,880 --> 00:34:50,520 Yeah. I put my referral link in there 612 00:34:50,560 --> 00:34:53,360 at 1,000,000 as well. And I don't think anyone anyone 613 00:34:53,360 --> 00:34:54,800 clicked that like. Shit. 614 00:34:55,360 --> 00:34:58,600 I I will say in in hindsight a potential mistake. 615 00:34:58,600 --> 00:35:00,640 I think you have two routes you can play if you think these 616 00:35:00,640 --> 00:35:05,000 games are going to make it. You can buy into the game in the 617 00:35:05,000 --> 00:35:08,960 assets and and try to do the mining and play the game early 618 00:35:08,960 --> 00:35:11,320 on and then try to recoup your investment. 619 00:35:11,320 --> 00:35:16,280 Or you just play the token. I bought the token for at $1.30. 620 00:35:16,280 --> 00:35:19,600 I should have just held the damn token instead of buying all this 621 00:35:19,600 --> 00:35:22,640 equipment and and then mining it over time. 622 00:35:22,640 --> 00:35:24,680 Of course, I didn't think that it would have this kind of a 623 00:35:24,680 --> 00:35:29,360 run. So now it's up a clear 12X it. 624 00:35:29,360 --> 00:35:33,760 It was buyable. It was buyable at a dollar for 625 00:35:33,760 --> 00:35:37,720 most of the day. On the eighth, yeah, it was just 626 00:35:37,720 --> 00:35:39,160 sitting around. There I think. 627 00:35:39,400 --> 00:35:43,080 Or I guess. This is loudest on my timeline 628 00:35:43,080 --> 00:35:46,200 right now. And yeah, you, you guys are 629 00:35:46,200 --> 00:35:49,520 participating days ago. I mean, I, I think it's still 630 00:35:49,520 --> 00:35:52,720 going to have based on my limited frame of reference for 631 00:35:52,720 --> 00:35:55,200 successful ponzi's or whatever you'd like to, you know, equate 632 00:35:55,200 --> 00:35:59,080 this to this definitely still has some, some juice in it. 633 00:35:59,200 --> 00:36:02,640 I I would imagine based on the the sentiment that and the the 634 00:36:02,640 --> 00:36:05,160 stuff I'm seeing on my timeline. Yeah, that's the question. 635 00:36:05,160 --> 00:36:08,440 I mean, for everyone who's out there, it's it's riskier to get 636 00:36:08,440 --> 00:36:11,680 into this game now than it was yesterday and the day before 637 00:36:11,680 --> 00:36:13,520 that. So just be totally aware of what 638 00:36:13,920 --> 00:36:19,560 you're getting into because it is very likely to end up being a 639 00:36:19,560 --> 00:36:24,720 0 as most of these are what part of the reason I sold yesterday 640 00:36:24,720 --> 00:36:27,520 is because for me to upgrade, it was going to cost me like $5000. 641 00:36:28,280 --> 00:36:30,720 And that felt like to me, that was a lot to me. 642 00:36:30,720 --> 00:36:33,000 And also is like, is that what if that's what the new, the next 643 00:36:33,000 --> 00:36:34,520 marginal player is going to have to do? 644 00:36:34,960 --> 00:36:37,200 I feel like the appetite for that type of investment isn't 645 00:36:37,400 --> 00:36:40,120 huge right now given these market conditions. 646 00:36:40,120 --> 00:36:45,040 But then we had whizz of Soho pranksy mean all like show up 647 00:36:45,040 --> 00:36:47,040 basically for the first time yesterday and then they're 648 00:36:47,040 --> 00:36:48,560 touting it. So I think that's what's driven 649 00:36:48,560 --> 00:36:50,600 this last run. It's going to be even more 650 00:36:50,600 --> 00:36:52,880 expensive today. I think it's these miners are 651 00:36:52,880 --> 00:36:56,120 going to cost you like something like 5 to $10,000 each. 652 00:36:56,120 --> 00:37:02,200 So we're on a limited timer here, but it's been a fun game. 653 00:37:02,200 --> 00:37:05,640 I think it's been a nice boost for abstract like that abstract 654 00:37:05,640 --> 00:37:11,240 clearly a a winner here. Some other tokens starting to 655 00:37:11,240 --> 00:37:17,200 see some green on the day the NFT board in green och heroes, 656 00:37:17,480 --> 00:37:19,840 that's one to watch. So I think everyone knows like 657 00:37:19,840 --> 00:37:21,800 the Bitcoin Ponzi game, it's not going to last forever. 658 00:37:21,800 --> 00:37:23,440 Maybe it last another week, maybe it lasts a month. 659 00:37:23,440 --> 00:37:28,040 I don't know. Och, Genesis Season 2 is around 660 00:37:28,040 --> 00:37:31,240 the corner, and now there's a little bit of a wealth effect. 661 00:37:31,240 --> 00:37:34,400 A small wealth effect. Not huge by any means, but 662 00:37:34,400 --> 00:37:39,000 people made some money on Bitcoin and now maybe more folks 663 00:37:39,000 --> 00:37:40,800 are farming abstract and they're like hell, maybe I'm just going 664 00:37:40,800 --> 00:37:44,560 to stick around here for a bit and the capital got a little 665 00:37:44,560 --> 00:37:46,960 stickier. All the eat streamers are on 666 00:37:46,960 --> 00:37:49,960 abstract. They're all they're all going 667 00:37:49,960 --> 00:37:53,560 there feels like there's to have a beautiful friendship. 668 00:37:55,000 --> 00:38:00,520 There is a yeet streamer group slash meta forming. 669 00:38:01,120 --> 00:38:06,080 I'm not seeing it. We've got Wizard of Soho, Kook, 670 00:38:08,000 --> 00:38:11,240 Wow, Sims, obviously us wrecked radio. 671 00:38:13,400 --> 00:38:14,560 We got a, we got a bunch of people. 672 00:38:15,720 --> 00:38:19,160 Nice. Well, I think there was some 673 00:38:19,160 --> 00:38:22,960 early FUD on the streaming of Abstract, but now we're we're 674 00:38:22,960 --> 00:38:25,520 starting to see it the the plan is starting to come a little bit 675 00:38:25,520 --> 00:38:27,120 more to fruition. So you got to let these guys 676 00:38:27,120 --> 00:38:29,480 cook a little bit. Everyone just loves to race to 677 00:38:29,480 --> 00:38:32,560 judge. Lucas an investor so so he's 678 00:38:32,680 --> 00:38:34,640 he's keen to make this also work. 679 00:38:35,320 --> 00:38:37,480 Yeah. Yeah, I've been, I've been one 680 00:38:37,480 --> 00:38:41,080 of those folks, Tyler and we've talked about I've I've been 681 00:38:41,080 --> 00:38:47,080 quick to judge perhaps unfairly or maybe definitely unfairly, 682 00:38:47,080 --> 00:38:53,000 but I just haven't haven't seen or experienced, you know, too 683 00:38:53,000 --> 00:38:55,200 much on this that that really deviates. 684 00:38:55,200 --> 00:38:57,520 And it's tough to deviate too much from other chains, right. 685 00:38:57,520 --> 00:38:59,600 I mean, there's, there's a limited amount of things and 686 00:38:59,600 --> 00:39:02,440 applications you can realistically put on chain. 687 00:39:03,240 --> 00:39:07,480 So that's not a, you know, an explicit knock at abstract 688 00:39:07,480 --> 00:39:11,120 versus others, but I just wasn't seeing much of a reason to 689 00:39:11,120 --> 00:39:13,720 participate on a daily level here. 690 00:39:13,760 --> 00:39:17,680 And so I really haven't, you know, too much it. 691 00:39:17,680 --> 00:39:20,200 It might bite me in the ass in the future though, that's for 692 00:39:20,200 --> 00:39:22,560 sure. And I'm, I'm, I understand that 693 00:39:22,880 --> 00:39:25,280 and hope, hope people do really, really well. 694 00:39:25,280 --> 00:39:29,080 Bitcoin being a a really nice catalyst hopefully for the 695 00:39:29,080 --> 00:39:32,400 future of it, but I don't know, I don't know what I want to do 696 00:39:32,400 --> 00:39:34,440 on chain right now anyway. I mean, I think that's a big 697 00:39:34,440 --> 00:39:38,160 problem for everybody with the current state of things like 698 00:39:38,160 --> 00:39:40,560 what are you going to do on chain right now? 699 00:39:40,960 --> 00:39:43,360 Wait, is this right? Bitcoin is the sixth highest 700 00:39:43,360 --> 00:39:45,960 volume token across all chains, Is that right? 701 00:39:45,960 --> 00:39:52,840 It feels wild. Let me, I mean it's, it's it's 702 00:39:52,840 --> 00:39:54,440 right up there with the with the Solana board. 703 00:39:54,440 --> 00:39:57,480 And if the other Ecos are are quiet, then yeah, maybe that 704 00:39:57,560 --> 00:39:59,680 that's right. And that's I'm from the. 705 00:40:00,120 --> 00:40:03,840 The air up, Logan, you know you're in Peru. 706 00:40:06,040 --> 00:40:08,600 Yeah. For a while longer, maybe. 707 00:40:08,600 --> 00:40:10,240 I need to. I need to turn up the volume, 708 00:40:10,240 --> 00:40:13,600 unplug my headphones so the rest of the folks in this complex can 709 00:40:14,640 --> 00:40:16,480 get a little bit of heat. Advertising. 710 00:40:16,760 --> 00:40:20,000 Yeah, I mean, I think. Where are you in the in in 711 00:40:20,000 --> 00:40:21,520 Perusa? Are you still up in the North? 712 00:40:22,480 --> 00:40:24,760 Yeah, I'm still in Trujillo. I'm here the entire time. 713 00:40:24,800 --> 00:40:29,520 So another three weeks, yeah. Wow, so you've seen that the 714 00:40:29,520 --> 00:40:33,960 whole time? Yeah, my fiance's rotation is 715 00:40:33,960 --> 00:40:36,480 here, so this is where she's based for that time. 716 00:40:36,800 --> 00:40:38,760 Yeah, yeah. That's about to say that's you 717 00:40:39,280 --> 00:40:43,600 must really like it there. Nice. 718 00:40:43,640 --> 00:40:46,040 It's not so bad. I'm I'm man, it's tough to beat 719 00:40:46,040 --> 00:40:48,640 the weather, the cheap prices. We're going to do Machu Picchu 720 00:40:48,640 --> 00:40:50,000 next week. We'll see. 721 00:40:50,120 --> 00:40:52,240 It's a good time, Yeah. Get the train up. 722 00:40:52,320 --> 00:40:57,560 I did the train so you you can fake it, fake it and act like. 723 00:40:57,560 --> 00:41:01,080 Are you going to hike? Yeah, we're doing a, we're doing 724 00:41:01,080 --> 00:41:03,720 the short Inca Trail, but just the one day of hiking. 725 00:41:03,720 --> 00:41:06,440 So it's like an 8 hour hike and then he's. 726 00:41:06,560 --> 00:41:08,000 Training it. That means he's taking the 727 00:41:08,000 --> 00:41:11,560 train. And then the the second day, I 728 00:41:11,560 --> 00:41:13,600 believe they take you up in a bus or something. 729 00:41:13,600 --> 00:41:16,680 So we don't have as much time as we'd wish to do. 730 00:41:16,680 --> 00:41:19,280 But yeah, we're going to, we're going to do one day of hiking. 731 00:41:20,080 --> 00:41:21,720 Yeah, I feel like I have to train for that. 732 00:41:22,400 --> 00:41:26,800 Take some coca leaves, you know. Yeah, yeah, They sell the, I 733 00:41:26,800 --> 00:41:28,960 think it's called alcidazolamide or something. 734 00:41:28,960 --> 00:41:32,680 The it's a altitude sickness thing over the counter. 735 00:41:32,680 --> 00:41:34,280 So we've got those too. It's everywhere. 736 00:41:35,080 --> 00:41:37,280 The altitude sickness pills are everywhere. 737 00:41:37,840 --> 00:41:41,600 Yeah. Well, that is fun. 738 00:41:41,600 --> 00:41:43,960 I think coming back to your comments, I think very fair. 739 00:41:44,440 --> 00:41:47,560 I think what abstract needed was more winners, right? 740 00:41:47,560 --> 00:41:49,800 There hadn't really been a whole lot of like meme coin action. 741 00:41:49,800 --> 00:41:52,720 Like I've seen the screenshots and the folks who've been who 742 00:41:52,720 --> 00:41:55,680 are really grinding it every day have hit some, hit some runners, 743 00:41:56,160 --> 00:41:58,360 but there haven't really been any more. 744 00:41:59,000 --> 00:42:01,680 Like larger scale breaking out of the abstract bubble into 745 00:42:01,680 --> 00:42:06,040 broader CT winners out there. Like OCH maybe got there. 746 00:42:07,080 --> 00:42:09,520 OCH was was pretty big when it was at its peak. 747 00:42:10,840 --> 00:42:13,480 Now Bitcoin has gotten there. Yeah. 748 00:42:13,480 --> 00:42:15,800 And those, that's what you need for onboarding. 749 00:42:16,000 --> 00:42:17,240 That's what you need for more people to be like. 750 00:42:17,240 --> 00:42:18,800 OK, yeah, I'll, I'll put some money there. 751 00:42:20,240 --> 00:42:23,720 So this is this is a a pretty, pretty notable event in that 752 00:42:23,720 --> 00:42:26,320 case. Yeah, nice win for abstract. 753 00:42:26,720 --> 00:42:31,240 Let's move on to a story that on the surface felt like a win. 754 00:42:32,760 --> 00:42:37,640 But maybe that was not the case. So am I looking at the right? 755 00:42:37,800 --> 00:42:42,840 Yeah, here it is. So Alien Crypto Punk 3100 sells 756 00:42:43,000 --> 00:42:50,560 for 4000 ETH $6 million. The problem is the last time it 757 00:42:50,560 --> 00:42:54,120 sold, just over a year ago, 4500 ETH. 758 00:42:54,120 --> 00:42:59,480 So a 500 ETH loss, $16,000,000 was a $10 million loss on NFT in 759 00:42:59,480 --> 00:43:01,960 a year. That's a tough one. 760 00:43:02,320 --> 00:43:04,160 Yeah, that's your story. Tell us. 761 00:43:05,080 --> 00:43:06,720 Tell us a little bit more about this. 762 00:43:06,840 --> 00:43:10,400 Yeah, it's a really tough one. So Punk 3100, this is now the 763 00:43:10,400 --> 00:43:13,320 third time that it's it's in that that leaderboard, you were 764 00:43:13,320 --> 00:43:17,280 just on top of the top sales. It's listed there 3 * 1 of them 765 00:43:17,280 --> 00:43:19,960 being, of course, the third largest being that $16,000,000 766 00:43:19,960 --> 00:43:22,240 sale last year. Yeah. 767 00:43:22,240 --> 00:43:24,760 And then it sold in 2021 for seven and a half million. 768 00:43:26,240 --> 00:43:30,280 Yeah, it was broker allegedly brokered by Fountain, which I 769 00:43:30,280 --> 00:43:33,440 know Noah from Crypto Punks and Christie's formerly of Crypto 770 00:43:33,440 --> 00:43:35,920 Punks and Christie's I think works and or maybe runs. 771 00:43:36,520 --> 00:43:38,960 I tried to reach out for the story I was writing to get some 772 00:43:39,240 --> 00:43:42,120 additional commentary about who initiated this, whether it be 773 00:43:42,120 --> 00:43:44,560 buyer or seller, but unfortunately didn't get a 774 00:43:44,560 --> 00:43:48,560 response back. But I don't know man, this is, 775 00:43:48,560 --> 00:43:50,920 this is wild. But you can understand a little 776 00:43:50,920 --> 00:43:53,640 bit, right? I mean, if, if people are, if 777 00:43:53,880 --> 00:43:57,400 someone who has committed to Ethereum in some way by 778 00:43:57,400 --> 00:44:03,880 committing a $16,000,000 sale or purchase of a, a crypto punk is 779 00:44:03,880 --> 00:44:07,400 just capitulating on ETH and wants to lower a tax bill, You'd 780 00:44:07,400 --> 00:44:11,560 imagine they are a, a pretty active crypto participant. 781 00:44:11,560 --> 00:44:14,720 I would, I would guess right. So probably some some gains to 782 00:44:14,720 --> 00:44:19,360 potentially offset doesn't feel too bad, I guess in that way if 783 00:44:19,360 --> 00:44:20,800 you're going to if you're going to wipe them away. 784 00:44:20,800 --> 00:44:25,680 But it was a newly funded wallet private offer to that address in 785 00:44:25,680 --> 00:44:28,000 particular, which speaks to the the brokering. 786 00:44:30,120 --> 00:44:31,520 Yeah. Otherwise we don't we don't know 787 00:44:31,520 --> 00:44:33,800 too much more. And I saw some some tweets about 788 00:44:33,800 --> 00:44:40,400 3100 had a small rider rips drama back in 2021 wasn't worth 789 00:44:40,400 --> 00:44:42,680 including in the story. But so there there is a little 790 00:44:42,680 --> 00:44:44,800 bit of history with this particular punk as well. 791 00:44:45,560 --> 00:44:48,560 I mean, this has are going to be one of the most interesting 792 00:44:48,560 --> 00:44:51,520 histories I'd say of of many, most of the punks out there. 793 00:44:51,520 --> 00:44:55,040 It's probably the IT has to have the highest volume traded. 794 00:44:56,160 --> 00:45:01,560 It's probably one of the the the highest cumulative volume traded 795 00:45:01,560 --> 00:45:06,760 digital assets in existence. Probably, yeah, because it's 796 00:45:06,760 --> 00:45:08,760 trade. I think on that top leaderboard, 797 00:45:08,760 --> 00:45:11,520 maybe only one other punk is listed there twice. 798 00:45:13,000 --> 00:45:16,320 So yeah, it's. It's done like $30 million in 799 00:45:17,080 --> 00:45:18,920 this signal. NFT is done, $30 million in 800 00:45:18,920 --> 00:45:23,440 volume. The timing is interesting here. 801 00:45:23,440 --> 00:45:28,960 So I, I say there's a chance this person wants to offset some 802 00:45:28,960 --> 00:45:30,200 gains. Clearly they've, they've got a 803 00:45:30,200 --> 00:45:33,960 lot of capital to work with. They're since $16,000,000 into 804 00:45:33,960 --> 00:45:35,880 a, a punk. Maybe they're in ETH. 805 00:45:35,880 --> 00:45:38,400 Well, so they were thinking about it more in ETH terms. 806 00:45:38,400 --> 00:45:41,560 I think the way you look at this is, is very heavily skewed. 807 00:45:42,360 --> 00:45:46,440 If you're looking at an E terms versus USD terms and USD is a 808 00:45:46,440 --> 00:45:50,560 huge loss and ETH is like 500, ETH not I mean it was a 10% loss 809 00:45:50,560 --> 00:45:51,240 basically. Yeah. 810 00:45:51,560 --> 00:45:53,480 Not really that bad. Not that bad. 811 00:45:53,800 --> 00:45:57,280 If you're bullish on ETH rebounding, it's actually a very 812 00:45:57,280 --> 00:45:59,720 sharp time to sell. If you're bull ETH, right, 813 00:45:59,720 --> 00:46:02,160 because you're, you're, you're, you're, you're getting the tax 814 00:46:02,160 --> 00:46:05,080 loss and then you're going to ETH at $1500. 815 00:46:06,640 --> 00:46:10,520 So great time to sell if you're an E bull. 816 00:46:10,520 --> 00:46:12,280 Also, it's right around text time. 817 00:46:13,200 --> 00:46:15,760 Yeah. Was this a sale to help fund? 818 00:46:15,760 --> 00:46:21,640 Coverson Yeah, a lot of. A lot of potential scenarios on 819 00:46:21,640 --> 00:46:23,280 the table. I like the headband. 820 00:46:23,560 --> 00:46:25,560 I I, I like the simplicity of this one. 821 00:46:25,560 --> 00:46:30,400 I think the top sale is the one with the pipe and Nope, sorry. 822 00:46:30,400 --> 00:46:35,920 OK, that's a yeah. Then the one CEO I'm I'm 823 00:46:35,920 --> 00:46:39,680 blanking on his name came out and did the splashy 24,000,000 824 00:46:39,680 --> 00:46:42,440 dollar 8008 sale. And. 825 00:46:42,880 --> 00:46:44,920 I don't remember it up to buy that one. 826 00:46:45,400 --> 00:46:48,640 The Perugia one does feel like the best alien. 827 00:46:48,960 --> 00:46:51,240 To me, Oh really? I like the bandana with the 828 00:46:51,240 --> 00:46:54,600 glasses, personally. Number six there. 829 00:46:55,680 --> 00:46:57,480 It's a nice one. Yeah, the pipe. 830 00:46:57,480 --> 00:47:00,600 I don't know. I love the pipes. 831 00:47:00,960 --> 00:47:04,600 The cowboy ape and the hoodie ape or they might be better than 832 00:47:04,600 --> 00:47:05,680 some of the aliens. I don't know. 833 00:47:05,920 --> 00:47:07,080 They're they're, they're pretty damn good. 834 00:47:07,360 --> 00:47:10,760 Let's check in on the, the, the punk Bitcoin spread here. 835 00:47:12,480 --> 00:47:15,600 Not much movement from yesterday. 66K82K. 836 00:47:15,800 --> 00:47:21,840 So we're still down 20%. Not not great, but Logie likes 837 00:47:21,840 --> 00:47:22,880 the headbands. Let's see if there's any 838 00:47:22,880 --> 00:47:25,760 headbands out there. I think that the one headband 839 00:47:25,760 --> 00:47:28,400 female that for Oak likes. Yeah, he's dancing around. 840 00:47:28,400 --> 00:47:30,520 He's not that serious about it or else he would have bought it 841 00:47:30,520 --> 00:47:33,920 because it's 75 Ki paid significantly more than that for 842 00:47:33,920 --> 00:47:37,000 for the punk that I bought. So and I know he I know he's got 843 00:47:37,000 --> 00:47:39,400 it, so he must not want it that bad. 844 00:47:39,720 --> 00:47:43,960 Sorry, V, but that that is a nice one. 845 00:47:43,960 --> 00:47:45,680 That's actually one of those 150 Ki. 846 00:47:46,000 --> 00:47:52,000 Like that 2nd row, second from the left, the female with the 847 00:47:52,000 --> 00:47:53,480 shades and the. I kind of like that it's. 848 00:47:53,640 --> 00:47:57,640 Kind of aesthetic for the the the squiggly hair. 849 00:47:57,920 --> 00:48:00,400 On the I want something a little better, Yeah, I want something 850 00:48:00,400 --> 00:48:04,640 sort of minimal ish. I'm pretty basic guy, pretty 851 00:48:04,640 --> 00:48:07,880 plain guy, so yeah. It could it could fit you, 852 00:48:08,200 --> 00:48:10,960 though they're low. I want to see. 853 00:48:11,120 --> 00:48:14,080 I think we went around the horn. There's not a whole lot else. 854 00:48:14,080 --> 00:48:16,520 Did you have a chance to look into the no one interesting 855 00:48:16,520 --> 00:48:18,920 story here. Let's if I've got the tweet 856 00:48:18,920 --> 00:48:26,560 pulled up for this, but Binance listed virtuals before Coinbase 857 00:48:26,560 --> 00:48:30,680 did. So the the Coinbase angles of of 858 00:48:30,680 --> 00:48:34,840 Fudd are are going to continue. Yeah, the results of their 859 00:48:34,840 --> 00:48:38,160 second batch of vote to list Ondo big time and and virtuals 860 00:48:38,160 --> 00:48:41,840 were the were the winners. So virtual going live for 861 00:48:41,840 --> 00:48:47,640 trading here today at 11:00 AM. So I think it, it's coming up. 862 00:48:47,680 --> 00:48:53,120 It's I think it popped a bit on the news and it's up 13% still 863 00:48:53,120 --> 00:48:57,440 hanging out 340,000,053 cents. I mean not not the best looking 864 00:48:57,440 --> 00:49:04,440 chart but I think you you wrote a Coinbase article that with arc 865 00:49:05,120 --> 00:49:07,480 the the arc like Kathy Wood made. 866 00:49:07,480 --> 00:49:09,760 A big Oh yeah, yeah. Right before the turn around 867 00:49:10,720 --> 00:49:15,240 they bought it's there. Yeah, so Arc and Kathy Wood, the 868 00:49:15,240 --> 00:49:20,120 manage, the actively managed ETFs, they bought around 200,000 869 00:49:20,120 --> 00:49:23,240 shares, which was around, I don't know if it was like $31 870 00:49:23,240 --> 00:49:25,120 million worth or something like that. 871 00:49:25,520 --> 00:49:29,360 This was literally the day, well, the, the days preceding 872 00:49:29,360 --> 00:49:33,160 Trump's tariff announcement, they they bought that. 873 00:49:33,160 --> 00:49:35,680 So they are up. Yeah, quite a bit on that. 874 00:49:36,000 --> 00:49:39,240 They're one of the largest institutional holders of of coin 875 00:49:39,320 --> 00:49:41,600 They have, they're like a top 8 holder. 876 00:49:41,600 --> 00:49:45,000 They have about 3 million shares of Coinbase, which is like 877 00:49:45,960 --> 00:49:48,040 probably over $500 million. Now. 878 00:49:48,040 --> 00:49:50,600 I'm not doing the math in my head right now, but 480, yeah, 879 00:49:50,600 --> 00:49:56,880 $510 million something. So yeah, there there wasn't any 880 00:49:56,880 --> 00:49:59,360 commentary attached to that. I'm sure Kathy Wood has provided 881 00:49:59,360 --> 00:50:00,960 in the past. But they, they of course have a, 882 00:50:00,960 --> 00:50:05,240 a pretty strong tie to crypto. They have a, they have their own 883 00:50:05,240 --> 00:50:08,200 Bitcoin ETF. They have of course those ETFs 884 00:50:08,200 --> 00:50:10,960 themselves, the ones that hold COIN are like the next 885 00:50:10,960 --> 00:50:13,600 generation of the Internet fintech innovation. 886 00:50:13,600 --> 00:50:16,560 So they're very much committed to the, the 'cause right now. 887 00:50:16,560 --> 00:50:18,600 So it makes sense for them to be holding something like COIN, 888 00:50:18,600 --> 00:50:21,400 but. Yeah, that was interesting. 889 00:50:21,400 --> 00:50:23,920 Also interesting that that Coinbase just hates to to list 890 00:50:23,920 --> 00:50:27,000 some of the base native tokens for whatever reason. 891 00:50:27,840 --> 00:50:30,240 So, well, maybe they'll get out of their way on that. 892 00:50:30,520 --> 00:50:34,600 They listed prompt day one. Yeah, I think which which makes 893 00:50:34,600 --> 00:50:38,120 you even madder if you're, yeah, if you're in the virtual 894 00:50:38,200 --> 00:50:42,760 ecosystem, right, for sure. I mean, kudos then for listing 895 00:50:42,760 --> 00:50:44,640 prompt. That's a that's a great token to 896 00:50:44,640 --> 00:50:48,160 to list day one, but we can have a longer conversation about 897 00:50:48,160 --> 00:50:50,800 that. Kudos to listing my bags. 898 00:50:51,080 --> 00:50:53,960 Yeah, always. Did you have a chance to look 899 00:50:53,960 --> 00:50:56,280 into the Subs dot fun last story before we wrap things? 900 00:50:56,280 --> 00:50:57,120 Up. Yeah, it did. 901 00:50:57,480 --> 00:51:03,880 So Subs dot fun more or less is sub forums and you can kind of 902 00:51:03,880 --> 00:51:07,920 consider it something similar or akin to like Reddit, you know, 903 00:51:07,920 --> 00:51:11,400 in terms of like the the actual mechanics of posting and and the 904 00:51:11,400 --> 00:51:14,680 topics and niches. And each one sort of gets its 905 00:51:14,680 --> 00:51:23,120 own token and the AI agents kind of manage and reward based on 906 00:51:23,120 --> 00:51:25,360 upvotes and stuff like Reddit would provide right? 907 00:51:25,360 --> 00:51:28,440 Basically reward those who are participating and providing 908 00:51:28,440 --> 00:51:32,440 quality content. So it's something that I think, 909 00:51:32,600 --> 00:51:36,280 you know, it hasn't really been done here all that often. 910 00:51:36,280 --> 00:51:39,080 I I think you could sort of think of Kaido in the same vein, 911 00:51:39,080 --> 00:51:41,800 right? Sort of like this info Phi 912 00:51:41,800 --> 00:51:46,840 creator, Phi type platform where they just want to be able to 913 00:51:46,840 --> 00:51:49,240 better align creators and quality content. 914 00:51:49,240 --> 00:51:51,120 That's that's what I'm taking away from this. 915 00:51:51,400 --> 00:51:55,120 And actually very similarly, and this is maybe a close tie. 916 00:51:55,120 --> 00:51:59,160 I don't know if you saw the the dig stuff from yesterday, but 917 00:51:59,160 --> 00:52:01,320 dig is using Privy. Did you see that? 918 00:52:02,720 --> 00:52:04,640 Maybe that's maybe that screenshot was fake. 919 00:52:04,640 --> 00:52:06,680 I have not had a chance to investigate that so sorry if 920 00:52:06,680 --> 00:52:10,080 that's fake news. But dig is the Kevin Rose 921 00:52:10,640 --> 00:52:14,680 platform that he and Alexis Ohanian are re spinning up to do 922 00:52:14,680 --> 00:52:17,960 something in my mind very similar to this, which is use AI 923 00:52:17,960 --> 00:52:21,720 agents to moderate and create sort of these community sub 924 00:52:21,720 --> 00:52:28,560 forums for consumption and and creation as well so. 925 00:52:29,200 --> 00:52:33,360 So maybe this is the next friend These tokenized Reddit forums, 926 00:52:33,360 --> 00:52:35,520 effectively like Reddit did have this right? 927 00:52:35,560 --> 00:52:38,800 Like they had that moon token. Yeah, they kind of did. 928 00:52:38,800 --> 00:52:39,800 Had a. Few. 929 00:52:40,720 --> 00:52:44,160 But I, I think the, well, I, I could be wrong here, but I think 930 00:52:44,160 --> 00:52:47,680 like the way the moderators basically had to reward that 931 00:52:47,680 --> 00:52:51,360 token, Is that right? So there there was a level of. 932 00:52:51,360 --> 00:52:53,240 Yeah. Yeah, there's a level of 933 00:52:53,240 --> 00:52:56,040 involvement that was like maybe unfair or whatever this is 934 00:52:56,040 --> 00:52:59,920 being, you know, you're being rewarded based on the community 935 00:52:59,920 --> 00:53:03,040 and then the agents that are sort of running the the 936 00:53:03,040 --> 00:53:06,280 platform, if I'm explaining that correctly, it's AI, so I haven't 937 00:53:06,280 --> 00:53:08,960 had a chance to use this. It's in invite only. 938 00:53:09,600 --> 00:53:11,560 So there may be some things in there that I'm, you know, 939 00:53:11,560 --> 00:53:15,680 misconstruing, Apologize if so, but that's the way that I was 940 00:53:15,680 --> 00:53:17,440 interpreting things just on on reading. 941 00:53:17,760 --> 00:53:20,400 It's an interesting concept. So insert world event takes 942 00:53:20,400 --> 00:53:23,680 place, you launch a sub, people talk about it, community grows, 943 00:53:24,480 --> 00:53:26,600 you tokenize the community, contributors get rewarded. 944 00:53:28,480 --> 00:53:31,320 I get that. But who's what's the incentive 945 00:53:31,320 --> 00:53:35,640 to buy that token? And that's always the question 946 00:53:36,120 --> 00:53:39,360 for for tokens, but I don't have. 947 00:53:39,960 --> 00:53:42,080 Well, I think. Like this is the first token 948 00:53:42,080 --> 00:53:43,160 that launched from Subs dot fund. 949 00:53:43,160 --> 00:53:47,320 So this is the token for the crypto IAI sub community, one of 950 00:53:47,320 --> 00:53:52,320 the highest, you know, highest growth areas of sub communities. 951 00:53:52,320 --> 00:53:55,480 I think in crypto right now in in general, I don't know about 952 00:53:55,480 --> 00:53:59,360 the specific form, but at a conceptual level, it's trading 953 00:53:59,360 --> 00:54:01,600 at 5 million. Yeah. 954 00:54:02,320 --> 00:54:05,080 So I I don't know, I don't have the bowl case for why you would 955 00:54:05,120 --> 00:54:10,000 why you would purchase this, but in in terms of like what could 956 00:54:10,000 --> 00:54:13,640 make something go up or you know, why you would maybe want 957 00:54:13,640 --> 00:54:17,080 to be tied to it, It's just general demand around a 958 00:54:17,080 --> 00:54:19,880 particular topic, right? Like, so think about the Reddit 959 00:54:19,880 --> 00:54:23,280 sub forums that generate the most posts every single day. 960 00:54:24,960 --> 00:54:28,280 Those to me would be in a perfect world, in a world where 961 00:54:28,280 --> 00:54:29,600 Subs that fund does really, really well. 962 00:54:29,600 --> 00:54:31,480 Those to me would be the ones that would have the highest 963 00:54:31,480 --> 00:54:35,080 market cap tokens right doesn't. Did Reddit ever try to monetize 964 00:54:35,080 --> 00:54:37,480 their sub forms by like with via ads? 965 00:54:37,560 --> 00:54:39,520 Like that's a way you could potentially. 966 00:54:40,040 --> 00:54:41,680 I think there are ads on them, aren't there? 967 00:54:41,720 --> 00:54:43,960 I don't know, I'm not a Reddit user, I should probably know 968 00:54:43,960 --> 00:54:46,200 before I just blindly say things like this, but. 969 00:54:46,320 --> 00:54:48,240 Where's that my name's? Crypto, yeah. 970 00:54:48,440 --> 00:54:51,800 She was our Reddit expert. How else is Reddit making money? 971 00:54:51,800 --> 00:54:53,200 I mean they make tons of money right? 972 00:54:53,640 --> 00:54:56,240 They have to be doing ads somewhere I'd imagine. 973 00:54:56,680 --> 00:54:58,320 Sure. We'll, we'll continue to follow 974 00:54:58,320 --> 00:55:01,360 up on this interesting new product that launched here this 975 00:55:01,360 --> 00:55:02,840 week. Some success, 5,000,000 bucks, 976 00:55:02,880 --> 00:55:07,640 not easy to get a token to that to that level certainly as we 977 00:55:07,640 --> 00:55:11,240 have seen. But folks, I think that is going 978 00:55:11,240 --> 00:55:14,280 to be it. We went around the horn fun 979 00:55:14,280 --> 00:55:18,240 conversation here today. It looks like how are how are 980 00:55:18,240 --> 00:55:19,800 coins doing? Looks like we're we're still 981 00:55:19,800 --> 00:55:22,320 hanging out in green. Hopefully we have a green 982 00:55:22,360 --> 00:55:25,440 weekend. We will break it all down for 983 00:55:25,440 --> 00:55:28,400 you on Monday morning. As for today, that's it. 984 00:55:28,400 --> 00:55:31,720 I want to thank our listeners, thank our partners, thank my Co 985 00:55:31,720 --> 00:55:35,240 host as always, Mando Logie. Folks, we'll be back Monday 10 986 00:55:35,360 --> 00:55:37,560 AM Eastern. Until then, go make it a great 987 00:55:37,560 --> 00:55:37,760 day. Bye.