1 00:00:00,600 --> 00:00:03,480 Yo-yo yo, what up? What up? 2 00:00:04,200 --> 00:00:20,880 Good morning, Good morning GMG Monday March 11th, 2024444. 3 00:00:21,280 --> 00:00:24,440 Look at that. Another beautiful day to have a 4 00:00:24,440 --> 00:00:27,520 beautiful day. Another beautiful week to have a 5 00:00:27,520 --> 00:00:31,080 beautiful week on FOMO hour. Whoa. 6 00:00:31,080 --> 00:00:34,840 Last week was arguably I I mean you know one of the biggest 7 00:00:34,840 --> 00:00:36,400 week. Actually the biggest week for 8 00:00:36,400 --> 00:00:39,880 the show when it comes to to to numbers and boy oh boy am I 9 00:00:39,880 --> 00:00:41,360 excited for what's going on right now. 10 00:00:41,360 --> 00:00:46,600 I got my Big Brain Co hosts in the house. 11 00:00:47,360 --> 00:00:51,080 OSF Mando, good morning. How are you guys doing today? 12 00:00:53,520 --> 00:00:54,400 Good. How are you guys doing? 13 00:00:55,920 --> 00:00:57,400 I'm doing great, man. You're doing great. 14 00:00:58,200 --> 00:01:00,840 We are so fucking back. Or what? 15 00:01:00,840 --> 00:01:02,680 Like, are we Are we back or or what? 16 00:01:02,680 --> 00:01:03,600 Like what? What's going on? 17 00:01:03,640 --> 00:01:05,880 What's going on? Old time highs, baby. 18 00:01:06,640 --> 00:01:10,840 Across the board, baby. Oh my Lord, oh man. 19 00:01:10,840 --> 00:01:15,440 Look, I have to say, I have to say, you know, few things, few 20 00:01:15,440 --> 00:01:18,480 things better than waking up on the Monday morning. 21 00:01:18,760 --> 00:01:21,080 You know, getting to work, sitting at your desk, having a 22 00:01:21,080 --> 00:01:25,760 nice little coffee and then Bitcoin's A72K. 23 00:01:26,480 --> 00:01:31,560 I, I, I, I, I can think of very, very, very, very few things. 24 00:01:31,560 --> 00:01:33,720 Oh, what are you eating there, OV? 25 00:01:34,960 --> 00:01:43,440 Oh, rock. Of course there's only four hour 26 00:01:43,440 --> 00:01:45,240 difference. For us it's. 27 00:01:45,480 --> 00:01:46,240 Good. I love it. 28 00:01:46,280 --> 00:01:47,480 I love it. I love it. 29 00:01:47,480 --> 00:01:48,680 Yeah. So it was daylight. 30 00:01:48,680 --> 00:01:51,360 I didn't even realize at all. I just woke up to like the 31 00:01:51,360 --> 00:01:52,760 Vitalic's tweet. That's how I found out. 32 00:01:53,320 --> 00:01:55,480 Vitalic tweet. Like a ballish daylight savings. 33 00:01:55,840 --> 00:01:58,680 And I was like daylight savings. And I guess we. 34 00:01:59,240 --> 00:02:00,600 I lost. I I did. 35 00:02:00,680 --> 00:02:03,720 You guys did. I lost an hour for sleep, right, 36 00:02:03,760 --> 00:02:05,760 On Saturday night because if two became 3:00 AM. 37 00:02:05,920 --> 00:02:11,560 So I did and then But what's good is that the sunset's now 38 00:02:11,560 --> 00:02:14,880 here at 7:00 PM hypothetically, not 6. 39 00:02:15,120 --> 00:02:16,920 So it's just it's just kind of good for us. 40 00:02:17,040 --> 00:02:18,600 We're still in the thick of the winter, lads. 41 00:02:18,680 --> 00:02:21,200 It was it was snowing all all all weekend. 42 00:02:22,160 --> 00:02:24,720 It's it was Gray. I saw all these posts about 43 00:02:24,720 --> 00:02:28,080 London being like second most miserable place after 44 00:02:28,080 --> 00:02:29,640 Uzbekistan. I would say that's an insult to 45 00:02:29,640 --> 00:02:37,120 Uzbekistan and then and then and then but but it's not it's not 46 00:02:37,120 --> 00:02:41,240 much better here OV so all that to say I am with you, you know 47 00:02:41,240 --> 00:02:43,560 it is chilly here still. I still have to walk and like 48 00:02:43,560 --> 00:02:47,320 avoid like slush in the street and like that gross water 49 00:02:47,560 --> 00:02:50,480 everywhere. But thankfully I don't leave my 50 00:02:50,480 --> 00:02:54,120 home, so you know, that's also utility. 51 00:02:54,120 --> 00:02:57,040 Anyways, All right. So for that show today, today, 52 00:02:57,040 --> 00:02:58,920 what do we got? What do we got going on today? 53 00:02:58,920 --> 00:03:01,280 There's, there's a lot. First and foremost, I hope you 54 00:03:01,280 --> 00:03:03,920 guys woke up and chose rich because the market did and I 55 00:03:03,920 --> 00:03:05,080 can't. We got, we're going to have to 56 00:03:05,080 --> 00:03:08,080 talk about this for a minute. We have to talk about Nick and 57 00:03:08,080 --> 00:03:10,440 Nifty Portal and what's going on with that because that was 58 00:03:10,440 --> 00:03:12,240 definitely what went down all weekend. 59 00:03:12,240 --> 00:03:15,440 So we can recap as usual. We'll talk about Bitcoin, we'll 60 00:03:15,440 --> 00:03:17,920 talk about E, you know, steady above 4K. 61 00:03:17,920 --> 00:03:21,880 You absolutely love to see it. So a lot above 148 hit 150 and 62 00:03:21,880 --> 00:03:25,880 all the other coins running with it as usual, you got what else 63 00:03:25,880 --> 00:03:27,400 you got? You got London Stock Exchange 64 00:03:27,400 --> 00:03:30,480 considering crypto ETS. OK, OK, OK, we'll talk about 65 00:03:30,480 --> 00:03:33,720 that. We got Trump talking Bitcoin on 66 00:03:33,720 --> 00:03:37,520 on NNFTS of course on national television and you're still 67 00:03:37,520 --> 00:03:40,000 bearish and on. So this is not going on. 68 00:03:40,160 --> 00:03:42,400 Poly market. We'll talk Poly market and ETF. 69 00:03:42,400 --> 00:03:46,080 Chance, 'cause there was a big conversation about ETF in over 70 00:03:46,080 --> 00:03:48,960 the weekend as well, whether it's happening or not. 71 00:03:49,320 --> 00:03:52,240 And of course, like meme coins, all coins, a lot of stuff 72 00:03:52,280 --> 00:03:54,480 running people everyday for Nick, blah blah blah blah blah. 73 00:03:54,480 --> 00:03:56,400 We'll talk about that. And then last but not least, of 74 00:03:56,400 --> 00:04:00,360 course, talk about, you know, NFTS and do a little round up 75 00:04:00,600 --> 00:04:03,200 about what is going on in that front because wow, we are 76 00:04:03,200 --> 00:04:07,120 fuming, things are going crazy. And in case you didn't realize 77 00:04:07,120 --> 00:04:12,920 yet, on the bottom of the screen we have our little robot thingy 78 00:04:12,920 --> 00:04:15,720 going around because we love Razor, we love working with them 79 00:04:15,720 --> 00:04:17,480 and giving you guys money away thanks to them. 80 00:04:17,480 --> 00:04:21,360 But we also are partnering with a generative ERC Four O 4 art 81 00:04:21,360 --> 00:04:25,680 collection at the forefront of digital innovation and you can 82 00:04:25,680 --> 00:04:30,000 check him out by IMCFW on the timeline shot the pilot who is 83 00:04:30,000 --> 00:04:31,800 one of our new screen sponsors on the show. 84 00:04:31,800 --> 00:04:34,520 So you will see them if you're watching us on video every 85 00:04:34,520 --> 00:04:38,040 Monday where we are streaming live every Monday to Friday. 86 00:04:38,040 --> 00:04:42,320 But anyways, anyways, anyways, without further ado, why don't 87 00:04:42,320 --> 00:04:55,160 we get right into it? Can you dig it? 88 00:04:55,800 --> 00:04:59,160 GMGM everyone just tweeting out the the Twitter Twitter 89 00:04:59,160 --> 00:05:00,480 broadcast link. We already. 90 00:05:00,760 --> 00:05:03,560 Have it? Ah, we already have it now. 91 00:05:03,600 --> 00:05:06,000 Give me a minute. It'll kill me otherwise, so just 92 00:05:06,000 --> 00:05:07,360 sorry. Me too. 93 00:05:08,000 --> 00:05:09,280 Me too. Hold on. 94 00:05:12,200 --> 00:05:15,440 Yeah, look, it was, it was a little bit of a mixed weekend. 95 00:05:15,440 --> 00:05:20,320 I think like Bitcoin went up and down on Friday, and then we kind 96 00:05:20,320 --> 00:05:23,120 of hang out around 68 K for a while. 97 00:05:23,600 --> 00:05:27,680 And then towards Sunday night we started to to rally again. 98 00:05:27,680 --> 00:05:29,360 And then we had like a bit of a correction, right? 99 00:05:29,360 --> 00:05:30,960 Everyone started getting very bearish. 100 00:05:31,400 --> 00:05:35,840 Bitcoin went down to 66 K EFF went down about $200. 101 00:05:36,760 --> 00:05:42,400 Solana I think went sub 140 briefly and KBM was tweeting, 102 00:05:42,400 --> 00:05:45,280 you know, this is it's all over. Uh oh, and then. 103 00:05:45,680 --> 00:05:48,880 And KSI, KB, MKSI. What do I have in common? 104 00:05:49,600 --> 00:05:53,880 Oh yeah, KSI also get involved. SI KB M starts with K3 letter 105 00:05:53,880 --> 00:05:55,320 acronym. They're both short. 106 00:05:56,400 --> 00:05:58,760 So and then we started to rally again. 107 00:05:58,800 --> 00:06:02,120 Bitcoin took out its all time high, went to 72 K it's up 5% 108 00:06:02,120 --> 00:06:04,240 again. Basically over the last 24 109 00:06:04,240 --> 00:06:07,120 hours. ETH just behind it broke 4K. 110 00:06:07,480 --> 00:06:12,120 It's at 4035 right now. Solana went back up to 150 areas 111 00:06:12,120 --> 00:06:15,320 now, like 149. So definitely a bounce. 112 00:06:16,280 --> 00:06:19,640 Obviously last week was the biggest weekly inflow for crypto 113 00:06:19,640 --> 00:06:22,600 ever. I think it was just shy of 3 114 00:06:22,600 --> 00:06:25,800 billion of inflow into crypto crypto specific funds. 115 00:06:25,800 --> 00:06:28,880 That includes the ETFs and people are obviously expecting 116 00:06:28,880 --> 00:06:32,480 very similar sort of numbers. The the ETF was very strong even 117 00:06:32,480 --> 00:06:36,320 towards the end of last week and clearly like just anecdotally 118 00:06:36,320 --> 00:06:37,800 you're starting to see it more and more. 119 00:06:38,000 --> 00:06:40,760 It's on the front page of CNBC, it's on the front page of, you 120 00:06:40,760 --> 00:06:44,920 know, most major financial news websites at the moment. 121 00:06:44,920 --> 00:06:47,520 The Bitcoin keeps hitting new highs so definitely people 122 00:06:47,520 --> 00:06:50,120 picking up on it. I think people were mainly 123 00:06:50,120 --> 00:06:54,000 trading meme coins on the weekend and we saw a bunch of 124 00:06:54,120 --> 00:06:56,960 mainly on chain things move aggressively higher. 125 00:06:56,960 --> 00:07:00,520 There's been a couple of smaller ones let's say we should move 126 00:07:00,520 --> 00:07:03,880 things like Floki is keeps on going fucking higher that's 127 00:07:03,880 --> 00:07:08,440 certainly 3 billion now and and with I think in new high so but 128 00:07:08,440 --> 00:07:10,600 it was mainly a lot of the on chain coins on Solana that we're 129 00:07:10,600 --> 00:07:14,400 going crazy and we'll get into that in a little bit today. 130 00:07:14,400 --> 00:07:17,720 It does feel like bitcoins dominating though again like 131 00:07:17,880 --> 00:07:20,280 altcoins are slightly underperforming. 132 00:07:20,280 --> 00:07:25,840 I would say as a group Bitcoin is probably beating 80% of 133 00:07:25,840 --> 00:07:28,680 altcoins here. There's just a few that that are 134 00:07:28,680 --> 00:07:31,680 that are still beating being Bitcoin at least over the last 135 00:07:31,680 --> 00:07:36,520 24 hours in terms of stuff this week on a macro basis we have 136 00:07:36,520 --> 00:07:39,600 CPI tomorrow which is the inflation metric. 137 00:07:40,160 --> 00:07:43,640 There's been a little bit more worry about the fact that 138 00:07:43,840 --> 00:07:46,040 inflation might be a bit more sticky recently. 139 00:07:46,720 --> 00:07:50,040 So there's a even though power was doubled at the back end of 140 00:07:50,040 --> 00:07:53,600 last week, so expect I would say that's a more volatile, bigger 141 00:07:53,600 --> 00:07:56,560 than people have predicted maybe a couple of weeks ago. 142 00:07:56,560 --> 00:07:59,240 So it's definitely become a little bit more worrisome than 143 00:07:59,240 --> 00:08:01,960 that. Crypto, although it is rallying 144 00:08:01,960 --> 00:08:05,920 again, is showing signs of excessive risk taking. 145 00:08:05,920 --> 00:08:08,680 Funding is basically back to the highs. 146 00:08:08,680 --> 00:08:15,560 Before we saw that 10% Wick in in Bitcoin to to fund a Bitcoin 147 00:08:15,560 --> 00:08:19,920 along right now is 113% a year that was that's higher than 148 00:08:19,920 --> 00:08:23,560 where it was just before. It dumped pretty aggressively. 149 00:08:23,880 --> 00:08:25,800 That's the same kind of across the board. 150 00:08:25,800 --> 00:08:28,800 ETH is about 100%, Salon is 120%. 151 00:08:29,240 --> 00:08:33,480 Every single major coin is the funding has gone very high. 152 00:08:34,679 --> 00:08:38,400 You know Bitcoin dipped and then went straight back up high. 153 00:08:38,400 --> 00:08:40,320 I don't think this affects the long term trend. 154 00:08:40,679 --> 00:08:44,360 It does tell you that pretty much every day at the moment 155 00:08:44,520 --> 00:08:48,080 we're getting a Wick lower, clearing out the funding and 156 00:08:48,080 --> 00:08:51,600 then we're going higher. So I would be very unsurprised 157 00:08:51,800 --> 00:08:55,440 if we saw a Wick today. I don't, which is quite good 158 00:08:55,440 --> 00:08:59,160 because it's not a market where you necessarily have to feel 159 00:08:59,280 --> 00:09:01,920 particular FOMO when it's going higher. 160 00:09:02,240 --> 00:09:05,240 But what you have to do is be disciplined and buying the dip 161 00:09:05,240 --> 00:09:08,960 when it goes lower. So instead of like getting on 162 00:09:08,960 --> 00:09:12,160 the momentum train, you know that you know it's gone lower 163 00:09:12,160 --> 00:09:14,400 now it's going to drop, you know 20K. 164 00:09:14,840 --> 00:09:18,840 It's more that you have to be diligent in buying the dips each 165 00:09:18,840 --> 00:09:22,240 day and we kind of run up the excessive risk taking every 166 00:09:22,240 --> 00:09:26,400 single day in between. So that's what it feels like. 167 00:09:26,960 --> 00:09:29,400 There's clearly, it's clearly getting a bit frothy. 168 00:09:29,720 --> 00:09:32,760 People are making crazy money on on meme coins every single day. 169 00:09:33,320 --> 00:09:35,720 Solana volumes are just like unbelievable at the moment. 170 00:09:35,720 --> 00:09:38,800 I think it had its biggest ever or second biggest day ever for 171 00:09:38,800 --> 00:09:42,480 fees the other day. It's dominating a lot of the on 172 00:09:42,480 --> 00:09:46,680 chain activity happening at the moment so that's where a 173 00:09:46,680 --> 00:09:50,440 majority of the NFT action, sorry a majority of the meme 174 00:09:50,440 --> 00:09:53,360 coin action is happening. I think most people have are 175 00:09:53,400 --> 00:09:55,920 having up Solana shit coins on their on their charts over the 176 00:09:55,920 --> 00:09:57,960 weekend like that's where people were. 177 00:09:59,160 --> 00:10:01,360 It just seems like that's where a lot of the fun is happening. 178 00:10:01,800 --> 00:10:05,080 The big things this week in terms of ETH is you have the the 179 00:10:05,080 --> 00:10:09,120 the upgrade, the Denkin upgrade which shouldn't really affect 180 00:10:09,120 --> 00:10:13,040 too many things on the L1 chain. What it's really going to do is 181 00:10:13,080 --> 00:10:17,360 is affect the revenue base of the of the L twos. 182 00:10:20,720 --> 00:10:22,720 I I don't know how big a deal this is. 183 00:10:22,720 --> 00:10:25,040 I think it's more it's more big and then it changes the the 184 00:10:25,040 --> 00:10:27,920 story for the L twos as revenue generating chains. 185 00:10:27,920 --> 00:10:30,560 I think most of their revenue is going to be go up by a factor 186 00:10:31,000 --> 00:10:34,560 after this has changed, but it doesn't, I don't think it's 187 00:10:34,560 --> 00:10:37,560 going to aggressively bring down graph gas prices on the L1. 188 00:10:37,560 --> 00:10:40,600 It's more, it more just revolutionizes the L twos as 189 00:10:40,640 --> 00:10:43,520 actual revenue generating entities. 190 00:10:43,520 --> 00:10:45,960 So people are getting bullish on the L twos into that. 191 00:10:46,440 --> 00:10:51,400 On the other hand, there's been a bit of a weird divergent, 192 00:10:51,600 --> 00:10:54,760 which I guess Obi's picking up on and I think it's the best 193 00:10:54,760 --> 00:10:56,960 thing is to go onto Polymarket to see this. 194 00:10:57,440 --> 00:11:01,200 So if you go on to Poly market right now and you type in ETH. 195 00:11:01,520 --> 00:11:04,360 Yeah. I mean the two things I would 196 00:11:04,360 --> 00:11:09,520 look at here is Etherium all time high in 20, Etherium all 197 00:11:09,520 --> 00:11:13,560 time high by the end of March. That's a 41% chance of that 198 00:11:13,560 --> 00:11:17,920 happening on Poly market. And yet the ETF chance has 199 00:11:18,080 --> 00:11:23,040 dipped from about 75% likely in January now to 25% today. 200 00:11:23,040 --> 00:11:25,320 It's really taken a nosedive over the last few days. 201 00:11:25,680 --> 00:11:28,960 So there's this weird mixture. I think this is what OB's kind 202 00:11:28,960 --> 00:11:34,760 of picking up on at the moment, is that I don't think that's the 203 00:11:34,760 --> 00:11:36,520 right one. No, no. 204 00:11:36,760 --> 00:11:39,560 That's the usual one with the lot of bets on it. 205 00:11:39,800 --> 00:11:42,400 No, no. This is by by May. 206 00:11:42,400 --> 00:11:45,280 I think that's the very little Etherium ETF approved by May 207 00:11:45,280 --> 00:11:52,680 31st. Etherium Etherium ETF. 208 00:11:52,680 --> 00:11:53,720 Let's just. Type in ETH. 209 00:11:54,800 --> 00:11:56,600 ETH. And then search. 210 00:11:58,960 --> 00:12:00,200 You see, I don't see the same thing as you. 211 00:12:01,520 --> 00:12:03,760 That's the ones I see, yeah. That's weird. 212 00:12:04,400 --> 00:12:07,760 I'll send you the link now, but this one has a lot more. 213 00:12:08,360 --> 00:12:09,880 Maybe I want. You to see that. 214 00:12:10,480 --> 00:12:11,960 There's a lot more traded on this one than the. 215 00:12:11,960 --> 00:12:13,800 One that you want I. Put it into the firm of our 216 00:12:13,800 --> 00:12:14,960 chat. Yeah, send that. 217 00:12:15,000 --> 00:12:16,560 I'll show, I'll show it right now. 218 00:12:16,920 --> 00:12:18,600 So. There's difference between like 219 00:12:18,760 --> 00:12:21,880 ETH right now which is like a lot of people are playing for 220 00:12:21,880 --> 00:12:23,760 ETH. And even in in the world that me 221 00:12:23,760 --> 00:12:25,680 and Obi used to live in, a lot of the trap like people that I 222 00:12:25,680 --> 00:12:28,440 used to speak to think like the alpha trade is to buy ETH into 223 00:12:28,440 --> 00:12:32,720 this ETF. And increasingly it feels like 224 00:12:32,920 --> 00:12:35,760 they are missing that the market is moving away from that. 225 00:12:36,040 --> 00:12:38,640 And all of Tradfi media is not picking up on either. 226 00:12:38,640 --> 00:12:42,120 Like if you if you listen to any one of the major interviews 227 00:12:42,120 --> 00:12:46,400 going on right now on Bloomberg or CNBC or any of these major 228 00:12:46,400 --> 00:12:51,360 financial news services, they're always talking about the ETF and 229 00:12:51,360 --> 00:12:54,760 that went down as low as 25% earlier today. 230 00:12:54,760 --> 00:12:58,840 It seems to have bounced to 30. 6 here, 3024 cents here, so it 231 00:12:58,840 --> 00:13:01,440 was 20. Four and there's been just more. 232 00:13:02,160 --> 00:13:04,760 I think it's they need to basically ask for comments from 233 00:13:04,760 --> 00:13:08,480 the issuers and the SEC has not yet and it seems to be dragging 234 00:13:08,480 --> 00:13:10,760 its feet to everyone's worried that you know they're just going 235 00:13:10,760 --> 00:13:15,040 to push it and that would be quite a big thing I think for 236 00:13:15,040 --> 00:13:18,360 the market at least. I I think the market thinks that 237 00:13:18,360 --> 00:13:22,160 there's going to be an ETF with pretty high confidence as what I 238 00:13:22,160 --> 00:13:24,280 agree with what OS FS saying, like bring up the ETF chart 239 00:13:24,680 --> 00:13:28,760 after the Bitcoin ETF. It's just fucking up only. 240 00:13:29,360 --> 00:13:35,800 And I think that's a worrying scenario that if you're here 241 00:13:35,800 --> 00:13:37,440 every single day you're picking up on. 242 00:13:37,960 --> 00:13:41,480 But the increasingly tradifying nature for our product has not 243 00:13:41,480 --> 00:13:45,440 picked up on like all this. All this takes is 1 CNBC article 244 00:13:45,760 --> 00:13:50,200 or one Bloomberg article saying, hey, the ETS isn't going to 245 00:13:50,200 --> 00:13:53,640 happen. And I think that that could lead 246 00:13:53,640 --> 00:13:55,760 to a small repricing here. I'm not. 247 00:13:55,880 --> 00:13:59,480 I don't think it's bearish on Bitcoin or or on a few different 248 00:13:59,480 --> 00:14:01,280 things like I mean you know we had a debate whether it's 249 00:14:01,520 --> 00:14:04,920 bearish for Solana the other day and I I think it's less bearish 250 00:14:04,920 --> 00:14:06,200 on Solana, at least over the medium term. 251 00:14:06,200 --> 00:14:10,320 But it would definitely be bearish on ETH L Twos EVM, like 252 00:14:10,320 --> 00:14:12,280 a lot of that would be bearish if that happened. 253 00:14:12,560 --> 00:14:14,880 I'm not saying they would never do an ETTF in the future. 254 00:14:16,000 --> 00:14:20,880 What happened last time is the obviously grayscale took the SEC 255 00:14:20,880 --> 00:14:24,400 to court. That took I think a year at 256 00:14:24,400 --> 00:14:28,640 least maybe even longer. This one might get thrown out 257 00:14:28,840 --> 00:14:33,640 like by a judge pretty quickly, given there's already any 258 00:14:33,640 --> 00:14:37,200 futures ETF, and it would be perhaps a more difficult thing 259 00:14:37,200 --> 00:14:40,560 to argue, but we could be sitting here waiting for another 260 00:14:40,560 --> 00:14:45,560 year or so, maybe two years even for an ETF, if if they end up 261 00:14:45,920 --> 00:14:51,600 rejecting it so. I mean. 262 00:14:52,280 --> 00:14:53,480 Yeah. Oh, you're fine. 263 00:14:53,680 --> 00:14:55,560 You're fine. Listen, Baby's crying is OK. 264 00:14:55,680 --> 00:14:57,720 I mean, she just wants to be part of the show, you know? 265 00:14:57,720 --> 00:15:01,840 She just wants to teach. She just wants to, she just 266 00:15:01,840 --> 00:15:06,240 wants to ETF, you know, And she just wants to choose rich that 267 00:15:06,240 --> 00:15:08,280 that's it. You know, it's that's what the 268 00:15:08,280 --> 00:15:09,960 baby wants. I mean, look here, let's, let's, 269 00:15:09,960 --> 00:15:11,560 let's talk to Ovi a little bit here. 270 00:15:11,560 --> 00:15:12,880 I mean, you made a post this weekend. 271 00:15:14,080 --> 00:15:16,680 You know you seem to be quite bearish again. 272 00:15:22,760 --> 00:15:24,440 I'm. I'm obviously kidding but what 273 00:15:24,440 --> 00:15:27,240 are you what are your thoughts here on on ETH? 274 00:15:27,240 --> 00:15:29,280 Obviously you're hitting 4K, which is awesome right? 275 00:15:29,600 --> 00:15:33,480 Love to see ether, love to see ether 4K and love to see the new 276 00:15:33,480 --> 00:15:37,480 updated OSF daily, daily at this point, right Quote, tweet. 277 00:15:37,600 --> 00:15:41,480 You know if you're liking ether 4K, imagine 4100 and on and on 278 00:15:41,480 --> 00:15:42,880 and on. What do you what do you think 279 00:15:42,880 --> 00:15:45,680 here? Do you think ETF is priced in is 280 00:15:45,680 --> 00:15:47,560 what I want to ask you. And second question over here is 281 00:15:48,320 --> 00:15:52,080 if the ETF does not happen, what does that mean for the market? 282 00:15:53,320 --> 00:15:56,920 Yeah. So look, I think previously I 283 00:15:56,920 --> 00:16:01,560 thought there was maybe like a 6040 or 5050 probability of the 284 00:16:01,560 --> 00:16:05,520 ETF being priced in. Now it seems like the 285 00:16:05,520 --> 00:16:09,160 probability of an ETF getting improved is less than 5050 if 286 00:16:09,160 --> 00:16:12,520 you read the headlines over the weekend and and the colour 287 00:16:12,520 --> 00:16:14,240 that's coming out from it. And if you look at Poly market 288 00:16:14,440 --> 00:16:18,160 of course, but I still think the market seems to be pricing and a 289 00:16:18,160 --> 00:16:20,920 higher probability of it. And just judging by the 290 00:16:20,920 --> 00:16:22,560 timeline, people just think oh, it's definitely going to get 291 00:16:22,560 --> 00:16:23,840 improved. People who like bringing out all 292 00:16:23,840 --> 00:16:27,760 the the Black Rock stats like the 99.9% of black ETF gets 293 00:16:27,760 --> 00:16:29,760 approved etcetera. Like I get all that, I 294 00:16:29,760 --> 00:16:31,840 understand all that. But we already went through all 295 00:16:31,840 --> 00:16:34,800 that stuff with Bitcoin ETF. And I think you have to 296 00:16:34,800 --> 00:16:37,600 appreciate that this ETF is different to the Bitcoin ETF. 297 00:16:38,240 --> 00:16:40,560 And the reasons that came out, if you look at Eleanor Terrace 298 00:16:40,560 --> 00:16:44,240 tweet, the reasons coming out as to why they can project this. 299 00:16:44,920 --> 00:16:47,720 These are esoteric reasons that like not even BlackRock can 300 00:16:47,720 --> 00:16:51,840 really contest unless they have, you know unless able to to push 301 00:16:51,840 --> 00:16:53,120 things around. And maybe they are like I'm not 302 00:16:53,120 --> 00:16:55,280 saying that ETF is going to get rejected. 303 00:16:55,280 --> 00:16:56,360 That's definitely not what I'm saying. 304 00:16:56,360 --> 00:16:59,320 I still think it probably will get approved in my opinion. 305 00:16:59,360 --> 00:17:02,040 But I'm saying the probability of it getting approved is now 306 00:17:02,040 --> 00:17:05,880 much lower than it was a few weeks ago and that you have to 307 00:17:05,880 --> 00:17:07,720 be careful of and you have to be cognizant of. 308 00:17:07,760 --> 00:17:11,319 And I'm not saying, oh sell all your wreath or sell your crypto 309 00:17:11,319 --> 00:17:13,920 because of this. But I'm saying don't just sit 310 00:17:13,920 --> 00:17:16,880 there being like Max bullish and thinking, oh, this is all a 311 00:17:16,880 --> 00:17:19,720 given because it's not a given. We have some bridges to cross. 312 00:17:19,720 --> 00:17:23,319 We have some some hurdles to jump before this can get 313 00:17:23,319 --> 00:17:24,680 approved. And as Michael said, you know 314 00:17:24,680 --> 00:17:27,480 suddenly if you get a few headlines coming and building 315 00:17:27,760 --> 00:17:30,480 and someone gets a stiff of it, especially while funding is so 316 00:17:30,480 --> 00:17:33,360 high like it isn't now and it has been someone can be 317 00:17:33,360 --> 00:17:36,360 malicious and and attack it and then that can cause crypto to to 318 00:17:36,360 --> 00:17:39,040 take a hit. So my opinion is a bit different 319 00:17:39,040 --> 00:17:40,440 to Michael's. Obviously like ETH gets hit 320 00:17:40,440 --> 00:17:43,760 badly if gets rejected. But I think you see risk off 321 00:17:43,760 --> 00:17:46,280 across all alts. Like I think L twos get hit. 322 00:17:46,280 --> 00:17:50,880 I think Solana gets hit. I just think it's a bad it's a 323 00:17:50,880 --> 00:17:55,400 bad thing for all coins if the SEC is rejecting ETH because you 324 00:17:55,400 --> 00:17:58,360 know if they I actually think if they approve the ETTF, Solana 325 00:17:58,360 --> 00:18:00,960 would outperform ETH and all the all the beta would outperform 326 00:18:01,120 --> 00:18:02,240 ETH. And next thing people would be 327 00:18:02,240 --> 00:18:03,520 thinking is like what's the next ETF? 328 00:18:03,520 --> 00:18:04,880 Could it be Solana and all that kind of stuff. 329 00:18:05,320 --> 00:18:07,760 All that stuff goes out the window if he gets rejected. 330 00:18:07,760 --> 00:18:09,600 And I just think you get a bit of risk off. 331 00:18:09,600 --> 00:18:13,240 You get everyone who was like buying ETH for this trade or 332 00:18:13,400 --> 00:18:15,080 buying L2's for this trade. They all sell. 333 00:18:15,080 --> 00:18:17,360 And then people just look at the rel valve versus of the coins 334 00:18:17,360 --> 00:18:20,160 and it all sells off. And yes, like if it all, you 335 00:18:20,160 --> 00:18:23,320 know maybe it all sells off from on the first few days or weeks 336 00:18:23,320 --> 00:18:25,840 and over time narratives can change. 337 00:18:25,840 --> 00:18:27,960 If you know if Solana picks back up again, I can see that 338 00:18:27,960 --> 00:18:29,720 happening for sure. But I just think it's going to 339 00:18:29,720 --> 00:18:31,880 be, it would be, it would be bad for risk and hopefully it 340 00:18:31,880 --> 00:18:33,160 doesn't happen. Hopefully we get an approval. 341 00:18:33,160 --> 00:18:35,080 Hopefully the headlines turn. It's still early days. 342 00:18:35,320 --> 00:18:36,640 We don't have a lot of information. 343 00:18:36,880 --> 00:18:39,680 The deadline's 23rd of May so we're, you know 2 1/2 months 344 00:18:39,680 --> 00:18:43,160 out. So and I that's the Bloomberg 345 00:18:43,320 --> 00:18:46,040 lads. Like what they say seems a bit 346 00:18:46,040 --> 00:18:48,040 Bitcoin maxi ish to me. Like they're a little bit like, 347 00:18:48,440 --> 00:18:50,960 oh, bitcoin's great and these sucks kind of thing. 348 00:18:51,320 --> 00:18:53,520 I think it's important though what what they're saying. 349 00:18:53,520 --> 00:18:56,720 I think why we just why I think it's important is that there was 350 00:18:56,720 --> 00:19:00,240 a big incentive for Grayscale to fight the SEC. 351 00:19:00,800 --> 00:19:03,160 Yeah, right. There's a there was a huge 352 00:19:03,160 --> 00:19:06,640 incentive incentive based on the fees and and the volume. 353 00:19:07,200 --> 00:19:09,720 There may be less of an incentive for Grayscale to fight 354 00:19:09,720 --> 00:19:13,480 the SEC on this, right? Like somebody is going to have 355 00:19:13,480 --> 00:19:16,280 to take the SEC to court. And will it be BlackRock? 356 00:19:16,280 --> 00:19:17,680 Would it be one of these other issuers? 357 00:19:18,440 --> 00:19:22,280 They may, but their fees might not be enough for them to argue 358 00:19:22,280 --> 00:19:25,240 it with Bitcoin, it felt like yes, right, it was always going 359 00:19:25,240 --> 00:19:26,280 to be likely they're going to do it. 360 00:19:26,280 --> 00:19:30,160 But the ETF, you know, it's going to be smaller, no doubt in 361 00:19:30,160 --> 00:19:32,400 the Bitcoin ETF. So the idea that you would go to 362 00:19:32,400 --> 00:19:35,880 war with the SEC and probably face, you know, hundreds of 363 00:19:35,880 --> 00:19:39,600 millions of legal fees doing it, that may not be the same case 364 00:19:39,600 --> 00:19:43,520 because it's not, it's not actually a lawsuit against ETH 365 00:19:43,520 --> 00:19:44,720 Foundation or anything like that. 366 00:19:46,040 --> 00:19:49,480 It would, it would have to be an ETF issuer decides to basically 367 00:19:49,480 --> 00:19:51,160 take on the mantle to fight the SEC. 368 00:19:51,160 --> 00:19:54,560 So the idea that this is going to be a smaller ETF, which is 369 00:19:54,560 --> 00:19:57,240 what the Bloomberg people are saying, I think matters just 370 00:19:57,240 --> 00:20:02,400 from the incentives for them to fight the SECI think. 371 00:20:03,360 --> 00:20:05,160 I think it's really with the same, the same thing like 372 00:20:05,160 --> 00:20:08,800 funding's high. There is no doubt in my mind 373 00:20:09,520 --> 00:20:12,200 that we will see a headline about this ETTF from a major 374 00:20:12,200 --> 00:20:13,800 news provider over the next two weeks. 375 00:20:13,960 --> 00:20:16,080 Like no doubt there's about three or four different 376 00:20:16,080 --> 00:20:18,520 journalists right now or three or four different market 377 00:20:19,240 --> 00:20:22,760 watchers from major news sites who are trying to get to the 378 00:20:22,760 --> 00:20:25,200 bottom of this question. And they all know they're 379 00:20:25,200 --> 00:20:26,600 getting massive engagement from doing it. 380 00:20:26,600 --> 00:20:28,760 So like they're all sitting there going like right, we need 381 00:20:28,760 --> 00:20:30,560 to find out from the SEC if they're going to do this. 382 00:20:30,560 --> 00:20:33,680 So they're going to be speaking to low level, mid level SEC 383 00:20:33,680 --> 00:20:36,480 employees trying to get us a better scoop that that Twitter 384 00:20:36,680 --> 00:20:40,080 feed post that we saw. There's going to be an article 385 00:20:40,280 --> 00:20:43,000 very similar to that I think in the next two weeks and I would 386 00:20:43,000 --> 00:20:45,120 imagine to see a flush on the on the back of that. 387 00:20:45,320 --> 00:20:46,480 I don't know if that's the end of it. 388 00:20:46,680 --> 00:20:50,160 You saw today the London Stock Exchange might start to offer 389 00:20:50,600 --> 00:20:55,720 ETFs, Hong Kong might beat beat the US on on ETFs. 390 00:20:55,720 --> 00:20:58,720 So there's headline around. It's not terminal, it's more 391 00:20:58,720 --> 00:21:03,280 just Just be aware that this is now happening and be prepared 392 00:21:03,280 --> 00:21:10,960 for AI would say a messy tradfy headline about this ECTF over 393 00:21:10,960 --> 00:21:13,280 the next two weeks. And you know, Tradfy is like 394 00:21:13,280 --> 00:21:16,880 coping so hard, they're just ready to like jump at the first 395 00:21:16,880 --> 00:21:19,200 thing where they can push crypto lower. 396 00:21:19,200 --> 00:21:21,880 But I think that's, you know, that's just like one risk 397 00:21:21,880 --> 00:21:23,040 factor. You know, obviously bitcoins 398 00:21:23,040 --> 00:21:25,960 hitting new all time highs today with 72 K ethers above 4K, 399 00:21:26,440 --> 00:21:28,720 everything's rallying. But I do think like, yeah, as 400 00:21:28,720 --> 00:21:31,360 prices go higher, I think you do want to get bit more cautious. 401 00:21:31,360 --> 00:21:35,400 And it doesn't mean sell, it doesn't mean you know, like get 402 00:21:35,400 --> 00:21:37,360 bearish, whatever. But I just think like at the end 403 00:21:37,360 --> 00:21:41,280 of the day, we're all here trying to make money and holding 404 00:21:41,280 --> 00:21:43,920 the right things as the price goes up is half of that 405 00:21:43,920 --> 00:21:45,480 equation. It's only part of that equation. 406 00:21:45,800 --> 00:21:47,600 I think people just think that's the entire equation. 407 00:21:47,600 --> 00:21:50,200 The other half of the equation is like monetizing it, figuring 408 00:21:50,200 --> 00:21:52,840 out when to sell and getting it into your bank account and if 409 00:21:52,840 --> 00:21:55,400 it's money a lot of money that's made a difference to your life 410 00:21:55,400 --> 00:21:57,880 and having that so it actually makes the difference to your 411 00:21:57,880 --> 00:22:00,600 life and and not round tripping and that we're getting towards I 412 00:22:00,600 --> 00:22:04,520 think you know as we have you know hit new all time highs on 413 00:22:04,520 --> 00:22:05,520 Bitcoin. I think we're getting to the 414 00:22:05,520 --> 00:22:07,520 point now where it's like I'm not saying getting to the point 415 00:22:07,520 --> 00:22:10,400 where you just should sell but you know you should start rather 416 00:22:10,400 --> 00:22:13,120 than my. My view on the market is rather 417 00:22:13,120 --> 00:22:15,960 than just feeling euphoric every time we hit new all time highs 418 00:22:15,960 --> 00:22:19,040 every day it's OK let me just actually stay switched on and 419 00:22:19,120 --> 00:22:22,720 and be controlled and think OK how am I now going to execute my 420 00:22:22,720 --> 00:22:26,120 cells and and exits the risk that I want to exit as the rest 421 00:22:26,120 --> 00:22:28,280 of this cycle goes on and that could be a multi month process 422 00:22:28,280 --> 00:22:31,160 maybe it's even a multi year I don't even really know but I 423 00:22:31,160 --> 00:22:33,000 just think you can't do that when you're just like everyday 424 00:22:33,000 --> 00:22:34,840 you're like euphoric and Max long and Max bidding. 425 00:22:34,880 --> 00:22:37,240 I think you have to like take a step back but cool like I've 426 00:22:37,240 --> 00:22:40,680 made this much I need this much to like live for the next year. 427 00:22:40,680 --> 00:22:42,800 I need this much to quit my job. I need this much to buy a house, 428 00:22:42,800 --> 00:22:46,760 whatever it is, and then like figure it out and I need it to 429 00:22:46,760 --> 00:22:48,360 go up this percent. And then when it gets there, I'm 430 00:22:48,360 --> 00:22:51,040 going to take off this much. And that way if you have a plan 431 00:22:51,040 --> 00:22:52,760 in place because you've been thinking about it rather than 432 00:22:52,760 --> 00:22:57,080 like just going too crazy with excitement, then and at some 433 00:22:57,080 --> 00:23:00,640 point the tide will turn, whether it's the BTC for 434 00:23:00,640 --> 00:23:02,240 whatever it is. And don't forget, by the way, 435 00:23:02,240 --> 00:23:05,000 like Bitcoin ETFs are great right now, but at some point the 436 00:23:05,000 --> 00:23:08,080 Bitcoin ETF will sell Bitcoin and it will be everyone's worst 437 00:23:08,080 --> 00:23:09,280 enemy. I don't think it's going to 438 00:23:09,360 --> 00:23:11,720 happen in the next few months, but it will happen one day where 439 00:23:11,720 --> 00:23:14,080 the biggest seller of Bitcoin will be the Bitcoin ETF. 440 00:23:14,080 --> 00:23:16,040 And it's going to be horrific because every day they're going 441 00:23:16,040 --> 00:23:18,240 to come in and just let slash the bid and we'll have 442 00:23:18,240 --> 00:23:20,760 aggressive price action on the way down like just like you're 443 00:23:20,760 --> 00:23:22,840 having the way up. So you just you want to be in a? 444 00:23:22,880 --> 00:23:26,040 Market as well like you? You you want to be in a in a 445 00:23:26,040 --> 00:23:28,880 position where when that's happening, you're there buying 446 00:23:28,880 --> 00:23:33,000 Bitcoin at lower prices at the lows because you took out some 447 00:23:33,000 --> 00:23:35,520 money, you know, during the bull run and you and you you made 448 00:23:35,520 --> 00:23:36,880 some you know you you profited from it. 449 00:23:36,880 --> 00:23:40,320 And I just think like you're only able to do that if you're 450 00:23:40,320 --> 00:23:42,680 just like thinking about things in a very controlled fashion. 451 00:23:42,680 --> 00:23:45,320 And I think, you know, when people get too bullish, they end 452 00:23:45,320 --> 00:23:48,560 up like buying more and more risk at higher and higher prices 453 00:23:49,160 --> 00:23:52,360 and that only leads you to eating away all the money you've 454 00:23:52,360 --> 00:23:54,600 made. But I think, I think we can't 455 00:23:54,600 --> 00:23:57,400 have a show like this after the show with Raoul where we're like 456 00:23:57,400 --> 00:24:00,160 we're like we're going to fucking 250 and like this is the 457 00:24:00,160 --> 00:24:02,240 start of it. My base case is we've got a long 458 00:24:02,240 --> 00:24:05,080 way to go. What I do think is that don't 459 00:24:05,080 --> 00:24:07,960 fool yourself as a long term investor when you're probably 460 00:24:07,960 --> 00:24:10,000 going to sell if it goes down like 20%. 461 00:24:10,000 --> 00:24:14,000 Like be prepared for some nasty Wicks right now because right 462 00:24:14,000 --> 00:24:19,360 now altcoin funding, even Bitcoin funding, is over 100% a 463 00:24:19,360 --> 00:24:22,520 year. I haven't seen that since the 464 00:24:22,520 --> 00:24:26,520 big Wick that we saw a couple. What is it just over a week ago? 465 00:24:27,360 --> 00:24:29,520 I think. I think just be prepared for 466 00:24:29,520 --> 00:24:31,760 that. Like if you're holding fucking 467 00:24:32,280 --> 00:24:35,880 some Tier 2 meme on Solana, maybe. 468 00:24:35,960 --> 00:24:38,920 Maybe that is a worrying thing in in this current country. 469 00:24:38,960 --> 00:24:42,080 Because if you see a big Wick if Bitcoin goes down to 60 K or ETH 470 00:24:42,080 --> 00:24:47,040 goes down to 3K on some messy headline about you know 471 00:24:47,040 --> 00:24:51,920 Genzler's going to deny the ETF and Elizabeth Warren's fucking 472 00:24:51,920 --> 00:24:55,160 still coming after crypto which is kind of what we're hearing. 473 00:24:55,760 --> 00:25:00,280 Then you know you you kind of want to have some powder to 474 00:25:00,280 --> 00:25:04,680 maybe buy that dip and buy the the the good stuff so you're not 475 00:25:04,680 --> 00:25:09,480 owning fucking Tier 2 dog top coin on on on Solana. 476 00:25:09,480 --> 00:25:12,440 So yeah, just I right now clean up your book. 477 00:25:12,480 --> 00:25:14,920 I would say make sure you're in stuff that you would hold if 478 00:25:14,920 --> 00:25:18,120 Bitcoin dropped 20% and you're not just going to panic if that 479 00:25:18,120 --> 00:25:21,040 happens. And see those dips as massive 480 00:25:21,040 --> 00:25:23,920 opportunities because they are, they are massive opportunities 481 00:25:23,920 --> 00:25:29,320 like if you could buy a liquid dip in in here of anything 482 00:25:30,000 --> 00:25:33,920 particularly like the majors Bitcoin ETH, Solana ETH. 483 00:25:33,920 --> 00:25:37,040 Depending on like that, what the headline is, then I think you 484 00:25:37,040 --> 00:25:39,200 can have a very, very good next month even. 485 00:25:39,760 --> 00:25:41,880 I think you can be, you can be bullish that you can still, I 486 00:25:41,880 --> 00:25:44,280 still believe Bitcoin will. I still believe Bitcoin could 487 00:25:44,400 --> 00:25:47,160 get 200 K this month. Like as I said before, I still 488 00:25:47,160 --> 00:25:50,320 think these two hundred 250K numbers or 500. 489 00:25:50,320 --> 00:25:52,760 I think all this stuff could well happen this cycle. 490 00:25:52,760 --> 00:25:54,600 But I think it's important. The point I'm trying to make is 491 00:25:54,600 --> 00:25:56,920 like you can be really bullish. You can believe all of that. 492 00:25:56,920 --> 00:25:59,360 You can believe prices are going much, much, much higher, which I 493 00:25:59,360 --> 00:26:02,640 do, But you can still be cautious and switched on at the 494 00:26:02,640 --> 00:26:04,160 same time. Those two things are not 495 00:26:04,480 --> 00:26:05,760 mutually exclusive. You can still have an 496 00:26:05,760 --> 00:26:08,600 appreciation for market risks. And I just think two people get 497 00:26:08,600 --> 00:26:11,600 too much and to 1 go where they're like, oh, bitcoin's 498 00:26:11,600 --> 00:26:13,880 going to 500 K and there's there's no risk in the market. 499 00:26:13,880 --> 00:26:16,120 And anyone who thinks anything can happen is just stupid. 500 00:26:16,120 --> 00:26:17,840 And like it's never, this is never going to happen where it's 501 00:26:17,840 --> 00:26:21,480 like, OK, I think Bitcoin's going to go in and go to 250K. 502 00:26:21,480 --> 00:26:24,040 But I appreciate there's some risk that it doesn't because of 503 00:26:24,240 --> 00:26:26,560 this, this and this. And if that happens, I'm not 504 00:26:26,560 --> 00:26:28,880 suddenly caught off guard because I've have a plan in 505 00:26:28,880 --> 00:26:31,120 place for it, whether it's I have capitals by the zip, 506 00:26:31,120 --> 00:26:32,600 whether it's not going to panic, whatever it is. 507 00:26:32,600 --> 00:26:34,280 And that's the only point you're going to make. 508 00:26:34,280 --> 00:26:37,240 You don't want to, You won't feel panicked when prices go 509 00:26:37,240 --> 00:26:39,120 down. If you have appreciated that 510 00:26:39,120 --> 00:26:41,640 that risk exists. If you don't appreciate that 511 00:26:41,800 --> 00:26:44,440 risk exists when the prices go down, you panic and then you 512 00:26:44,440 --> 00:26:48,440 make bad decisions and you don't want to make bad decisions. 100% 513 00:26:48,760 --> 00:26:50,840 like, Let me put it. Let me put it a different way. 514 00:26:51,120 --> 00:26:53,080 I am. I have 100% certainty that 515 00:26:53,080 --> 00:26:55,200 Bitcoin will be below 70 K at least at one point. 516 00:26:55,200 --> 00:26:59,360 Again, 100% certainty of that. I want to bet you a lot of money 517 00:26:59,360 --> 00:27:02,120 that isn't huge. I didn't. 518 00:27:02,320 --> 00:27:04,040 Mind thinking about Bitcoin below 70K? 519 00:27:04,440 --> 00:27:06,840 Huge call, dude. You're like, that's a big 520 00:27:06,960 --> 00:27:09,800 statement, bro. Like people, people might might 521 00:27:09,800 --> 00:27:11,240 be thinking we're just going higher forever. 522 00:27:11,960 --> 00:27:13,800 I I have 100% conviction there is. 523 00:27:13,800 --> 00:27:16,400 There are at least 100 people out there who believe it will 524 00:27:16,400 --> 00:27:19,200 never go with their 70K like. You know, it's just a 3% move, 525 00:27:19,200 --> 00:27:20,400 right? Like, right. 526 00:27:20,680 --> 00:27:22,960 And I'm telling you right now, everyone's like, I want to buy 527 00:27:22,960 --> 00:27:25,120 it because it's going higher. I'm telling you, it will be 528 00:27:25,120 --> 00:27:26,920 lower than this. It will be lower than 70 K at 529 00:27:26,920 --> 00:27:28,400 some point. Don't worry about it. 530 00:27:28,400 --> 00:27:32,440 You don't need to chase it. So are you guys done with like 531 00:27:33,080 --> 00:27:35,120 like being bears, like it's been 30 minutes. 532 00:27:35,120 --> 00:27:37,280 I'm listening to the show. You guys are talking there. 533 00:27:37,280 --> 00:27:38,280 We. Go I just. 534 00:27:38,280 --> 00:27:42,080 Switched off. I left you notice I left for 15 535 00:27:42,120 --> 00:27:45,000 minutes for the first time in 600 episodes. 536 00:27:45,320 --> 00:27:47,440 I think for 15 minutes I actually was like. 537 00:27:47,480 --> 00:27:49,280 Tier 2 Dog coin on Solana right now I. 538 00:27:50,080 --> 00:27:53,880 Was sexy, dude. I was sexy with Locksley. 539 00:27:53,880 --> 00:27:56,480 I was like, just like reading articles on the Crypt. 540 00:27:56,480 --> 00:27:59,480 I was like going through my timeline, answering people on 541 00:27:59,480 --> 00:28:04,480 Twitter and I come back and you guys are still playing mental 542 00:28:04,480 --> 00:28:08,960 gymnastics about being bears. I I don't understand. 543 00:28:09,480 --> 00:28:13,600 Mando gets wiped once and OV makes like a bajillion dollars 544 00:28:13,600 --> 00:28:15,560 and they're both bears now. Like, I don't get it. 545 00:28:17,120 --> 00:28:19,320 You're muted, you're muted. That's probably a sign. 546 00:28:19,400 --> 00:28:20,880 Neither of us a bearish, neither of us a. 547 00:28:20,880 --> 00:28:23,040 Bearish. The last 30 minutes of this 548 00:28:23,040 --> 00:28:27,120 show, you know, have been you guys calling my coins Tier 2. 549 00:28:27,960 --> 00:28:31,200 OK And I'm just playing. I'm obviously playing and I 550 00:28:31,200 --> 00:28:34,400 think everything that has been talked about this, this thus far 551 00:28:34,560 --> 00:28:38,440 is probably the most sound piece of content you'll get today on 552 00:28:38,440 --> 00:28:39,680 the timeline. Let's just put it that way, 553 00:28:40,520 --> 00:28:43,680 because the rest of the timeline is US choosing Rich, the Nick 554 00:28:43,680 --> 00:28:46,200 memes, everything going up, going crazy. 555 00:28:46,200 --> 00:28:48,520 So I actually agree with both of you and I think it's awesome. 556 00:28:48,520 --> 00:28:53,160 For what it's worth, I am only in one meme coin for the first 557 00:28:53,160 --> 00:28:55,240 time of my life and it's a Tier 1 cat coin. 558 00:28:56,280 --> 00:28:58,960 So that's it. That's that's actually crazy. 559 00:28:58,960 --> 00:29:01,240 I mean that's if you don't count my doge longs, but like I don't 560 00:29:01,240 --> 00:29:03,640 count doge as like AI guess meme coin. 561 00:29:03,640 --> 00:29:06,680 Yeah, that's a major now it's a major. 562 00:29:06,760 --> 00:29:08,600 I mean Doge is a major. So like, I mean hey, it's been a 563 00:29:08,600 --> 00:29:11,080 top ten coin for years. So like is Doge not a major to 564 00:29:11,080 --> 00:29:12,360 you guys at this stage? Like, I don't know. 565 00:29:12,360 --> 00:29:14,520 You know, Major. Meme. 566 00:29:15,120 --> 00:29:17,160 Major meme, You know, so so you know. 567 00:29:17,160 --> 00:29:20,560 I'm going to because it's also acceptable for me to lead a doge 568 00:29:20,560 --> 00:29:23,400 to $1.00 campaign on the timeline because it has way more 569 00:29:23,400 --> 00:29:26,240 liquid in my following rather than going and like talking 570 00:29:26,240 --> 00:29:28,720 about every other coin, right? But saying Dosha Dollar is like 571 00:29:28,720 --> 00:29:30,800 socially accepted right on on CT. 572 00:29:31,240 --> 00:29:33,720 So it's like I can, I can do that safely while like, you 573 00:29:33,720 --> 00:29:37,880 know, doing the whole thing. Weirdly, me, me and me and Obi 574 00:29:37,920 --> 00:29:39,920 even debate this because I think this is the next headline to 575 00:29:39,920 --> 00:29:42,680 come. Like, kind of the no doubt in my 576 00:29:42,680 --> 00:29:43,680 mind that we're going to get bad. 577 00:29:43,840 --> 00:29:44,520 What do you guys? Debate. 578 00:29:44,520 --> 00:29:47,560 The headline is that I think, I think something like Doge might 579 00:29:47,560 --> 00:29:51,320 not do badly in that scenario. My view on on that scenario is 580 00:29:51,320 --> 00:29:53,320 that you could see certain things outperform. 581 00:29:53,360 --> 00:29:56,200 Namely, Bitcoin probably wouldn't do so badly. 582 00:29:56,680 --> 00:30:00,400 I personally think that even in the wrist spectrum, we'd have 583 00:30:00,400 --> 00:30:04,720 more of AQ4 style feeling again about Solana versus ETH. 584 00:30:04,720 --> 00:30:09,480 Where if without the ETETTF narrative, Solana's just like 585 00:30:09,480 --> 00:30:12,920 destroying all the volume things right now, like everyone is 586 00:30:12,920 --> 00:30:15,880 there like it will it feels like the most used chain. 587 00:30:15,880 --> 00:30:18,920 And then Doge. Doge is a meme coin, right? 588 00:30:19,400 --> 00:30:24,560 Doge is a meme coin proof, like basically a Litecoin, right? 589 00:30:24,560 --> 00:30:26,920 So it's like it's basically a fork of Bitcoin, essentially. 590 00:30:27,200 --> 00:30:28,720 Yeah, there's a. Bit it's literally a book. 591 00:30:28,760 --> 00:30:31,560 Bit of like emotionals, there's like DRC 20. 592 00:30:31,560 --> 00:30:33,280 Like it's it's literally like a pasta. 593 00:30:34,080 --> 00:30:38,520 So in that scenario, if Doge and Solana fell on that headline, 594 00:30:38,520 --> 00:30:43,760 I'd buy the crap out of them. Yeah I I listen, I I I like it. 595 00:30:43,760 --> 00:30:47,040 I liked it this weekend this one I, I I went in with it but 596 00:30:47,040 --> 00:30:49,920 funding is very very high. I'm not going to lie that's it's 597 00:30:50,040 --> 00:30:52,080 it's expensive. So I'm not sure how long we're 598 00:30:52,080 --> 00:30:55,760 going to keep those open at at this rate but we don't mind it 599 00:30:56,480 --> 00:30:59,120 for now. That's where I'm at personally. 600 00:30:59,120 --> 00:31:01,280 I agree with you guys I'm I'm very comfortable with my Solano. 601 00:31:01,720 --> 00:31:04,120 However I did lose my bet to to to board Elon. 602 00:31:04,120 --> 00:31:07,440 So shout to board Elon. I need to send him half an ETH 603 00:31:07,880 --> 00:31:13,120 because ETH hit 4K before Solada hit a hundred $200.00. 604 00:31:13,280 --> 00:31:16,520 So I'm sending my boy. I think he cleaned up on that 605 00:31:16,520 --> 00:31:18,680 bed lads. I think he bet a lot of half an 606 00:31:18,680 --> 00:31:20,880 ETH with a lot of people I think. 607 00:31:20,880 --> 00:31:25,360 I think board Elon cleaned cleaned today with that bed. 608 00:31:25,360 --> 00:31:27,120 So that's that's good. Good for you. 609 00:31:27,120 --> 00:31:30,080 Ha ha, happy for you and all that good stuff. 610 00:31:30,080 --> 00:31:32,760 Actually, I can just go check his ENS city board dot ETH, 611 00:31:32,760 --> 00:31:36,880 which is I should fire ENS, but I wonder how much. 612 00:31:37,240 --> 00:31:40,120 Let's see, Let's see if he really cleaned the house or he 613 00:31:40,160 --> 00:31:43,600 paid yet. Board Elon looks like. 614 00:31:43,920 --> 00:31:45,400 I don't think he's received much. 615 00:31:45,800 --> 00:31:47,240 Oh, hold on. Is that him? 616 00:31:47,240 --> 00:31:49,440 Nope, nothing. Nothing yet. 617 00:31:49,560 --> 00:31:51,200 Oh, there you go. Cool. 618 00:31:51,200 --> 00:31:55,520 Ethereum sent him half beneath a couple days ago and he's been 619 00:31:55,520 --> 00:31:57,720 winning bets all these little things. 620 00:31:57,720 --> 00:32:01,520 I'm pretty sure that's him winning a few bets, so not bad. 621 00:32:01,520 --> 00:32:03,600 Not bad Anyways. What else is going on in the 622 00:32:03,600 --> 00:32:04,600 market? Let's. 623 00:32:04,640 --> 00:32:05,640 Well, wow. I don't know if you guys are 624 00:32:05,640 --> 00:32:09,720 looking at Bitcoin, but Bitcoin is running for it. 72 five, 625 00:32:09,720 --> 00:32:15,120 pretty much Love to see that. Love to see that. 626 00:32:15,120 --> 00:32:20,720 All the guys, Honestly, it feels so good because bitcoin's 72 1/2 627 00:32:20,720 --> 00:32:23,040 and there's not an ounce of euphoria on my timeline. 628 00:32:23,040 --> 00:32:24,840 No one's even talking about the price of Bitcoin. 629 00:32:24,880 --> 00:32:29,080 Love to see that and you're muted again. 630 00:32:29,080 --> 00:32:30,880 I think your thing's muting you automatically again. 631 00:32:31,040 --> 00:32:33,760 No, I've been muting it because of the of the baby, but. 632 00:32:34,600 --> 00:32:39,000 Part of a show retail. Retail is here. 633 00:32:39,000 --> 00:32:41,160 Let's. Retail is, is. 634 00:32:41,160 --> 00:32:44,160 I mean is retail here yet? As long as this, I don't see a 635 00:32:44,160 --> 00:32:45,680 dollar here. So as long as I don't see a 636 00:32:45,680 --> 00:32:49,600 dollar on this bad boy here, you know retail will not have been 637 00:32:49,600 --> 00:32:51,680 here. But look, OV, look, your ETH 638 00:32:51,680 --> 00:32:53,880 looks amazing. It's incredible. 639 00:32:54,240 --> 00:32:56,920 I love to see. I mean look at this, look at 640 00:32:57,040 --> 00:33:00,000 ETH. It it's just like I I think the 641 00:33:00,000 --> 00:33:02,760 easiest trade in all crypto at the moment is like just like 642 00:33:02,880 --> 00:33:06,840 ETH. You've listened to the last like 643 00:33:06,840 --> 00:33:10,280 20 minutes of what we just said. Fuck This Is. 644 00:33:11,040 --> 00:33:13,480 You are a frontline soldier, man, like you are just 645 00:33:13,480 --> 00:33:17,560 frontline. Here, here's why you check me 646 00:33:17,560 --> 00:33:18,640 out. I'll tell you why you check me 647 00:33:18,640 --> 00:33:21,800 out because I genuinely I'll take the other side of it where 648 00:33:21,800 --> 00:33:24,720 I actually don't care about whether or not the ETF comes in 649 00:33:24,720 --> 00:33:27,840 May. And here's three reasons why so 650 00:33:28,360 --> 00:33:32,040 but the reasons why are for me as a crypto enthusiast and 651 00:33:32,040 --> 00:33:33,280 someone who's building in the industry. 652 00:33:33,280 --> 00:33:35,040 I only. First of all, none of us got 653 00:33:35,040 --> 00:33:36,320 into space because of Bitcoin TF. 654 00:33:36,320 --> 00:33:39,120 But now we have the Bitcoin TF, which is like, we have Bitcoin 655 00:33:39,120 --> 00:33:42,160 TF like the rest of it. Then that's where I'm like, 656 00:33:42,160 --> 00:33:44,040 well, what? We're going to want a doge ETF. 657 00:33:44,040 --> 00:33:46,160 We're going to Solana ETF. We want to ETF everything. 658 00:33:46,200 --> 00:33:47,680 Like, OK, cool, we have Bitcoin TF. 659 00:33:47,720 --> 00:33:50,200 ETF makes it even better. Let's fucking go. 660 00:33:50,200 --> 00:33:52,800 Good for my bags. At least I'm happy with it. 661 00:33:52,920 --> 00:33:54,800 It's going to happen, by the way, whether it's in May or next 662 00:33:54,800 --> 00:33:57,720 year, it's going to happen. But does it mean anything for 663 00:33:57,720 --> 00:33:58,920 crypto? I I don't think so. 664 00:33:58,920 --> 00:34:01,560 I mean we got Bitcoin TFs. It's like I was, I was actually 665 00:34:01,560 --> 00:34:05,000 playing poker Saturday with a bunch of your your old peoples. 666 00:34:05,200 --> 00:34:08,440 So it's me and just all my tart fibros from Montreal. 667 00:34:08,440 --> 00:34:11,520 They all work at banks behind Bloomberg terminals, right? 668 00:34:11,920 --> 00:34:13,639 And they were actually over. You would like this. 669 00:34:13,719 --> 00:34:16,639 They were obsessed with WIF. They were talking about WIF for 670 00:34:16,639 --> 00:34:18,239 the entire 4 hours of the poker game. 671 00:34:18,440 --> 00:34:21,639 They could not believe that a dog with the hat got to their 672 00:34:21,639 --> 00:34:24,840 terminals and they didn't buy it and and they were all 673 00:34:24,840 --> 00:34:26,679 complaining. Always, like all of them. 674 00:34:26,880 --> 00:34:30,800 They're all like no crypto like they live behind a Bloomberg 675 00:34:30,800 --> 00:34:32,320 Terminal. They're happy with that, right? 676 00:34:32,760 --> 00:34:34,880 Super hilarious. But the other thing is they were 677 00:34:34,880 --> 00:34:38,560 saying how they just cannot still cannot believe how there 678 00:34:38,560 --> 00:34:42,000 is like 11 issuers and a Bitcoin ETF like that was like it's like 679 00:34:42,080 --> 00:34:45,239 I was like while we are desk like we're still so early like 680 00:34:45,239 --> 00:34:49,199 MF Ers are still like in disbelief in track 5 where we're 681 00:34:49,199 --> 00:34:51,719 like on the hopeful slash optimistic probably side of the 682 00:34:51,719 --> 00:34:53,560 scale, right. I don't think we're euphoric 683 00:34:53,560 --> 00:34:57,080 just yet, but but you know, I thought, I thought it was funny. 684 00:34:57,080 --> 00:35:01,760 So that's why, you know, ETF, this ETF that you know we'll 685 00:35:02,600 --> 00:35:03,600 we'll get what we get, what we got. 686 00:35:03,600 --> 00:35:05,520 I think you buy that dip. I don't think any of us are 687 00:35:05,520 --> 00:35:07,240 bearish. Any of us are bearish. 688 00:35:07,240 --> 00:35:09,680 I'm just saying that the market, we do this show every single 689 00:35:09,680 --> 00:35:14,560 day, I'm telling you today feels like, and this week to me feels 690 00:35:14,560 --> 00:35:17,960 more precarious than last week, just because of the way funding 691 00:35:17,960 --> 00:35:20,320 is and because I think this story is about to break and 692 00:35:20,480 --> 00:35:23,200 probably not in a way that will be done nicely. 693 00:35:23,440 --> 00:35:24,760 I mean, Story's about to break it. 694 00:35:24,760 --> 00:35:27,080 It's already everywhere. Like the Crypt, corn desk, like, 695 00:35:27,160 --> 00:35:29,160 blah blah. Fucking everybody already picked 696 00:35:29,160 --> 00:35:31,360 corn Telegraph already. Everyone already picked up on 697 00:35:31,360 --> 00:35:32,960 Eleanor's tweet. Eleanor's like the. 698 00:35:33,400 --> 00:35:35,680 I know, I know. But ETH keeps going high, and 699 00:35:35,680 --> 00:35:37,240 I'm telling you that's because Trapfi's buying it. 700 00:35:37,240 --> 00:35:38,680 They're not. They haven't picked up on this. 701 00:35:39,240 --> 00:35:40,400 I don't. I I don't. 702 00:35:40,400 --> 00:35:41,600 I don't. I don't think so. 703 00:35:41,600 --> 00:35:43,440 It's, it's 11:00 AM in in New York. 704 00:35:43,600 --> 00:35:46,000 Trapfi hasn't picked up on Eleanor's tweet, you know what I 705 00:35:46,000 --> 00:35:47,440 mean? Like, she's on TV every day. 706 00:35:47,680 --> 00:35:50,200 Like, I'm not saying ETA's not going to dip. 707 00:35:50,200 --> 00:35:51,920 He's. Telling you if that ETF headline 708 00:35:51,920 --> 00:35:55,840 breaks, it will go a lot lower. But hold on, there's no ETF 709 00:35:55,840 --> 00:35:57,480 headline at the moment on Google News. 710 00:35:57,480 --> 00:36:00,400 You're telling me? There's there's some things 711 00:36:00,400 --> 00:36:04,240 creeping in, but I feel like it's not priced in. 712 00:36:04,720 --> 00:36:07,280 Can Google it for you guys, because Canada banned news on 713 00:36:07,280 --> 00:36:09,440 Google for what it's worth. That's why I'm not sharing it. 714 00:36:09,960 --> 00:36:11,680 Got to love. Here we go Forbes. 715 00:36:11,680 --> 00:36:14,640 A day ago, just the beginning, Bitcoin suddenly hit 70K price 716 00:36:14,640 --> 00:36:18,000 tipping point amid Etherium and XRPETF speculation. 717 00:36:18,400 --> 00:36:21,040 XRPETF, come on. You know what I mean? 718 00:36:21,040 --> 00:36:23,600 Like this is where they are. I know we are starting to pick 719 00:36:23,600 --> 00:36:24,720 up on a tweet. That's fair. 720 00:36:24,720 --> 00:36:27,640 That's fair. On something from Yes, that's 721 00:36:27,640 --> 00:36:32,720 ETH. 22 hours ago Two hours ago from trading view ETH next in 722 00:36:32,720 --> 00:36:36,680 line for an all time high price with the potential Ethereum ETF 723 00:36:36,720 --> 00:36:39,200 approval on the horizon. Tweet two hours ago. 724 00:36:39,680 --> 00:36:43,200 Dude, Eleanor's tweed has 487,000 viewers and she works at 725 00:36:43,200 --> 00:36:44,720 Fox. You're telling me Trad Media 726 00:36:44,720 --> 00:36:46,400 didn't pick up on that? I'm telling you, you're about to 727 00:36:46,400 --> 00:36:49,360 see a headline, probably from Fox News, Fox Business, and then 728 00:36:49,360 --> 00:36:50,520 it will go fucking live. It's. 729 00:36:50,920 --> 00:36:52,240 Not on Gu. It's actually not on Gu. 730 00:36:52,240 --> 00:36:55,600 If you Google ETF and go to News, there's not a single 731 00:36:55,640 --> 00:36:57,280 article. I wouldn't know. 732 00:36:57,280 --> 00:36:58,520 I can't. I literally like so. 733 00:36:58,720 --> 00:37:02,800 We in Canada have banned, tried like I can Google News and I 734 00:37:02,800 --> 00:37:04,520 can't read like CNN and all that stuff. 735 00:37:04,520 --> 00:37:05,960 I can't even open their Instagram accounts. 736 00:37:06,160 --> 00:37:07,760 It's illegal in Canada to read news. 737 00:37:07,760 --> 00:37:12,440 I'm not even making this up. Trudeau, don't ban my Please. 738 00:37:13,120 --> 00:37:14,200 There is. There's one. 739 00:37:14,200 --> 00:37:16,960 There's one headline Senior ETF analyst unimpressed with the SE 740 00:37:16,960 --> 00:37:17,760 CS attitude. OK. 741 00:37:17,800 --> 00:37:19,760 So there's nothing, no you would you would be like there would be 742 00:37:20,000 --> 00:37:22,640 20 if you were to look it up like and it was out like I get 743 00:37:22,640 --> 00:37:23,920 it, you're, I agree. OK, you're right. 744 00:37:23,920 --> 00:37:25,800 Like there's there's nothing much then because usually it's 745 00:37:25,800 --> 00:37:27,600 like all of them, right. Bloomberg first. 746 00:37:28,520 --> 00:37:30,440 Usually it's always Bloomberg. It's Bloomberg. 747 00:37:30,640 --> 00:37:32,000 Bloomberg. Haven't decided yet. 748 00:37:32,000 --> 00:37:35,080 Balkunis and I forget who James Seifart right? 749 00:37:35,080 --> 00:37:37,000 They haven't. They said initially they thought 750 00:37:37,000 --> 00:37:39,960 it could be around 70% but they failed to give any percentages 751 00:37:40,400 --> 00:37:43,040 and. I reckon on our show. 752 00:37:44,280 --> 00:37:47,520 I think he said even he's at no. He said above, he said above 50, 753 00:37:47,920 --> 00:37:50,920 yeah, yeah. So it'd be interesting to see 754 00:37:50,920 --> 00:37:53,840 what they say here. They could decide to do an 755 00:37:53,840 --> 00:37:58,000 article or. My guess is that Fox, we'll 756 00:37:58,000 --> 00:38:00,960 decide to do some form of an article or or that's probably. 757 00:38:01,200 --> 00:38:03,000 Because Eleanor Teret is is that. 758 00:38:03,040 --> 00:38:06,320 Right, exactly right. So we'll we'll see all that. 759 00:38:06,360 --> 00:38:08,840 All you're saying is gonna be a wipe on leverage. 760 00:38:08,840 --> 00:38:10,800 And just like if you're spot, though, it doesn't pertain to 761 00:38:10,840 --> 00:38:12,400 the listener. That's not trading, that's on 762 00:38:12,400 --> 00:38:14,120 spot. Like it means nothing to him, 763 00:38:14,120 --> 00:38:14,720 right? Or her. 764 00:38:14,720 --> 00:38:18,080 Like, oh, there you go, James. Safe the theorem just now 765 00:38:18,080 --> 00:38:21,840 because I have my notifications on for the guy The Theorem ETF 766 00:38:21,840 --> 00:38:25,480 cycle feels like the opposite of Bitcoin ETF approval odds at the 767 00:38:25,480 --> 00:38:27,560 moment. The more we see here and don't 768 00:38:27,560 --> 00:38:29,520 see here, the less optimistic I've become. 769 00:38:30,000 --> 00:38:33,160 We're about 73 days from the deadline and there really seems 770 00:38:33,160 --> 00:38:37,920 to be little to no movement. Yeah, Eric, he quote tweeted 771 00:38:37,920 --> 00:38:41,880 Eric's tweet, which says he he his probability is now down to 772 00:38:41,880 --> 00:38:42,840 35%. Five. 773 00:38:42,880 --> 00:38:45,080 Percent. Yeah, 11 minutes ago our odds of 774 00:38:45,080 --> 00:38:47,880 ETF approval by May deadline are down to 35%. 775 00:38:48,440 --> 00:38:50,280 I get all the reasons they should approve it, and we 776 00:38:50,280 --> 00:38:53,720 personally believe they should. But all the signs and sources 777 00:38:53,720 --> 00:38:57,160 that were making us bullish 2 1/2 months out for Bitcoin spot 778 00:38:57,160 --> 00:39:00,360 are not there this time. That's that's what he said. 779 00:39:00,360 --> 00:39:03,320 There is really important because the comments that I got 780 00:39:03,320 --> 00:39:05,400 back yesterday was like, oh, BlackRock this or they're 781 00:39:05,400 --> 00:39:07,400 definitely going to approve this or grayscale this. 782 00:39:07,880 --> 00:39:10,920 And Eric is not actually making a commentary on if they should 783 00:39:10,920 --> 00:39:11,960 or they shouldn't approve. It he's not. 784 00:39:11,960 --> 00:39:13,560 Yeah, exactly. He's just making a commentary on 785 00:39:13,560 --> 00:39:18,240 the signs that you see from the SEC, which tells you whether 786 00:39:18,240 --> 00:39:19,920 they'll approve it or not. You you see what I mean? 787 00:39:19,920 --> 00:39:24,440 So he's like I I've seen different behaviours or patterns 788 00:39:24,440 --> 00:39:27,720 or characteristics or data points really. 789 00:39:27,720 --> 00:39:31,360 Interesting to me because they previously these would be 790 00:39:31,360 --> 00:39:34,600 articles on Bloomberg, right? There would be articles on 791 00:39:34,600 --> 00:39:36,120 Bloomberg. I remember seeing them. 792 00:39:36,320 --> 00:39:38,520 Twitter, bro. It's the place, right? 793 00:39:38,520 --> 00:39:41,080 Right, Bloomberg, maybe own news terminal, right? 794 00:39:41,080 --> 00:39:43,440 Like this is going to be a story. 795 00:39:43,440 --> 00:39:44,720 Maybe it's. Going to be us. 796 00:39:44,720 --> 00:39:46,000 Maybe We're going to be on Coinbase. 797 00:39:46,000 --> 00:39:48,280 Again, we are we hey, let's go, let's go. 798 00:39:48,280 --> 00:39:50,480 Coinbase or and? Then they're going to blame us. 799 00:39:50,480 --> 00:39:51,760 Then they're going to blame us for crashing. 800 00:39:51,760 --> 00:39:53,640 E Yeah, they. You know what though? 801 00:39:53,640 --> 00:39:55,160 Like the? Lands for fighting east. 802 00:40:01,400 --> 00:40:02,760 What? Listen, shit. 803 00:40:02,840 --> 00:40:03,480 I. Think. 804 00:40:03,960 --> 00:40:08,040 Listen, listen, I I mean, I I think this is this is good for 805 00:40:08,040 --> 00:40:09,240 the all coins and the meme coins. 806 00:40:09,240 --> 00:40:10,840 I don't care. So it doesn't mean. 807 00:40:10,960 --> 00:40:13,000 I think it is. I genuinely think it's a lot of 808 00:40:13,000 --> 00:40:15,400 bullish for a few things. Exposure might actually be 809 00:40:15,400 --> 00:40:17,800 bullish for, like, Weirdly. Certainly not bearish for 810 00:40:17,800 --> 00:40:19,920 Solana, which is where my perspective. 811 00:40:19,920 --> 00:40:21,480 Maybe bearish for Solana short term. 812 00:40:21,480 --> 00:40:24,840 Me and Novi were debating that. I don't think so. 813 00:40:24,880 --> 00:40:26,080 Solana's been running with Bitcoin. 814 00:40:27,880 --> 00:40:30,600 I think Bitcoin is. Going it was. 815 00:40:30,840 --> 00:40:32,320 Was, was. Was. 816 00:40:32,360 --> 00:40:34,640 The other thing about Solana is, remember Solana has very bad 817 00:40:34,640 --> 00:40:36,480 technicals at the moment is there's obviously selling 818 00:40:36,480 --> 00:40:38,560 pressure on Solana. So, and if something creates 819 00:40:38,560 --> 00:40:41,040 technically weak and you get a bad headline, it gets very true. 820 00:40:41,040 --> 00:40:43,080 Very true. Very true. 821 00:40:43,360 --> 00:40:44,480 This squares me. OK. 822 00:40:44,480 --> 00:40:46,520 So look, we'll see what happens. You know what though? 823 00:40:46,880 --> 00:40:48,720 Nothing better than an underdog story. 824 00:40:48,800 --> 00:40:51,400 So I'm going to go and pull the market after this and I'm going 825 00:40:51,400 --> 00:40:54,800 to put a little bit on the ETF getting approved because the 826 00:40:54,800 --> 00:40:58,000 odds look nice and this is where I like to get in. 827 00:40:58,360 --> 00:41:02,640 But you know, we'll we'll we'll we'll see. 828 00:41:02,840 --> 00:41:05,240 Yeah dude, I know, I know, I know. 829 00:41:05,240 --> 00:41:06,480 Andre Smith. I'm sorry. 830 00:41:07,000 --> 00:41:09,280 It's not my fault. It's not my fault. 831 00:41:09,280 --> 00:41:12,440 He says, oh this show is just a Big Bear show at this point. 832 00:41:12,760 --> 00:41:16,560 I ain't no bear but my Co host you know maybe KBM got to their 833 00:41:16,560 --> 00:41:19,080 heads on wrecked radio. I don't know what's going on you 834 00:41:19,080 --> 00:41:21,040 know. But Speaking of KB MI mean lads, 835 00:41:21,920 --> 00:41:25,880 KSI yesterday tweeted that he was shorting crypto you know, 836 00:41:25,880 --> 00:41:28,400 followed by KBM tweet saying that he's short. 837 00:41:28,400 --> 00:41:30,400 But what people realize is like a momentum trader, it's like 838 00:41:30,400 --> 00:41:32,520 he's in and out within 5 minutes while the rest of the people are 839 00:41:32,520 --> 00:41:35,120 just still like debating what KB Ms. in and out of. 840 00:41:35,640 --> 00:41:38,200 But but you know that happened and the market seems to have 841 00:41:38,200 --> 00:41:40,280 ripped the other news that we had the other headline and I I 842 00:41:40,280 --> 00:41:45,120 definitely want to play some of this video here on on on the on 843 00:41:45,120 --> 00:41:48,760 the show Donald Trump. Donald Trump's a former 844 00:41:48,760 --> 00:41:53,040 president Real Donald Trump says he has fun and makes money with 845 00:41:53,040 --> 00:41:57,400 crypto proceeds to promoting his NFT collection. 846 00:41:58,440 --> 00:41:59,560 Hold on. It's not playing. 847 00:41:59,560 --> 00:42:04,200 I think my sound settings Let me let me let me fix this with you 848 00:42:04,200 --> 00:42:06,800 guys right now real quick. There you go. 849 00:42:06,880 --> 00:42:10,520 Trump is definitely, he's definitely getting more bullish 850 00:42:10,840 --> 00:42:12,800 on. I mean he he basically said he 851 00:42:12,800 --> 00:42:15,360 didn't think it was that bad. He just like preferred the 852 00:42:15,360 --> 00:42:18,960 dollar a couple weeks back and he was like, oh, it's fun, I've 853 00:42:18,960 --> 00:42:22,080 made money from it with my NFCS, he said. 854 00:42:22,080 --> 00:42:24,480 He's not, a lot of people have adopted it, so he's not going to 855 00:42:24,480 --> 00:42:26,320 do anything with it. Like, he's definitely not anti 856 00:42:26,320 --> 00:42:29,400 crypto, so. Don't you like to see? 857 00:42:29,560 --> 00:42:34,080 It which is I don't think I even know what Biden's position is on 858 00:42:34,120 --> 00:42:36,840 is on crypto if I'm honest. Like, I actually just don't. 859 00:42:36,840 --> 00:42:41,560 So, but it's definitely Trump is taking a more positive line 860 00:42:41,560 --> 00:42:42,800 towards crypto in the last month. 861 00:42:43,720 --> 00:42:46,200 I mean, I don't know what Biden's personal position is 862 00:42:46,200 --> 00:42:49,640 that much, but from the way his administration has been, yeah. 863 00:42:49,640 --> 00:42:51,040 They're very. Crypto. 864 00:42:51,360 --> 00:42:53,480 I think. I think we'll we'll they're 865 00:42:53,600 --> 00:42:56,240 probably on their side of that watching you know reading 866 00:42:56,240 --> 00:43:00,240 Senator Warren constantly bash it and everyone from you know 867 00:43:00,240 --> 00:43:02,360 what was the name of the lady that called this Benance. 868 00:43:02,360 --> 00:43:07,240 I forgot her name, Benance. Oh, yellow. 869 00:43:07,800 --> 00:43:10,120 Yelling, you know you got yelling, you got war and 870 00:43:10,120 --> 00:43:12,720 fighting you got man over. You don't have to bear tweet 871 00:43:12,720 --> 00:43:14,040 during the show. You don't have to. 872 00:43:14,040 --> 00:43:15,360 What's? He talking about now? 873 00:43:15,480 --> 00:43:19,200 I didn't bear tweet. Yeah he is yeah he's he's he's 874 00:43:19,200 --> 00:43:22,960 explaining himself live on the show. 11:10 AM Coming to you 875 00:43:22,960 --> 00:43:27,120 live from OS FS X account OS F Why do you bull post 1A then 876 00:43:27,120 --> 00:43:29,800 Cautious pose the next day. Ask no one. 877 00:43:35,480 --> 00:43:38,040 It's 'cause I'm extremely cognizant of staying focused on 878 00:43:38,040 --> 00:43:40,440 managing risk and efficiently and not getting poisoned by 879 00:43:40,440 --> 00:43:43,400 euphoria. I will not allow myself to feel 880 00:43:43,400 --> 00:43:46,720 happiness until the job. I mean, I have to say I agree 881 00:43:46,720 --> 00:43:48,440 with this part. I don't agree with this part. 882 00:43:48,440 --> 00:43:50,120 You are allowed to feel happiness on the way up. 883 00:43:50,360 --> 00:43:52,840 So I I do want to. There's there's euphoria and 884 00:43:52,840 --> 00:43:55,360 there's happiness. That's that's true. 885 00:43:55,440 --> 00:43:57,520 I It's not. It's a personal decision for 886 00:43:57,520 --> 00:43:59,920 everyone and for me choose not to feel happiness. 887 00:44:00,840 --> 00:44:03,680 Yeah, I love, I choose I well, you know, you choose 888 00:44:03,720 --> 00:44:06,480 unhappiness. I choose I choose rich and I 889 00:44:06,480 --> 00:44:07,960 choose happiness. So while I'm talking about this, 890 00:44:08,120 --> 00:44:10,680 can we just take a second here to like talk about our media 891 00:44:10,680 --> 00:44:14,680 colleague, our our fellow morning show, you know, host of 892 00:44:14,680 --> 00:44:18,080 the nifty portal which is goes live before us every morning 893 00:44:18,080 --> 00:44:19,760 also Monday to Friday since yours. 894 00:44:20,040 --> 00:44:22,840 I mean, can we just take a second and appreciate what 895 00:44:22,840 --> 00:44:25,800 happened from Friday to Sunday for Nick O'Neill? 896 00:44:26,240 --> 00:44:28,120 What do you what? I didn't really talk to you guys 897 00:44:28,120 --> 00:44:29,440 about this, even in the background. 898 00:44:30,000 --> 00:44:32,840 Did you guys follow and, like, you know, play along a little 899 00:44:32,840 --> 00:44:35,000 bit? I followed. 900 00:44:35,000 --> 00:44:37,280 I saw the coin as well when it was like, very low. 901 00:44:37,280 --> 00:44:39,480 Oh. My God. 902 00:44:39,960 --> 00:44:42,480 He's really. I just don't understand, like, 903 00:44:42,480 --> 00:44:43,920 how many people seem to have fallen for it. 904 00:44:43,920 --> 00:44:46,640 Like, it's so clearly satire. Even in the video, it looks like 905 00:44:46,640 --> 00:44:49,320 satire. Oh, my Show 4 brings me to 906 00:44:49,360 --> 00:44:52,040 $3000. High Tea Service at Baccarat. 907 00:44:53,080 --> 00:44:58,120 Choose rich. High tea service of baccarat is 908 00:44:58,120 --> 00:45:00,520 fire, by the way. But what's what's funny is that 909 00:45:00,640 --> 00:45:02,840 he keeps getting community noted right on X. 910 00:45:02,840 --> 00:45:05,400 So it says Nobody said the champagne was fake, just that 911 00:45:05,400 --> 00:45:08,000 it's not as expensive. So it's champagne video, yo. 912 00:45:08,000 --> 00:45:12,000 Cheers to all the Twitter haters who said I don't own my Miami 913 00:45:12,000 --> 00:45:14,040 house. I'll have you know I have the 914 00:45:14,040 --> 00:45:18,360 staff load up my jet so I could fly out here to my New York City 915 00:45:18,360 --> 00:45:19,960 penthouse. Pierre at There. 916 00:45:20,400 --> 00:45:23,000 Anyways, while you're click clacking on Twitter from your 917 00:45:23,000 --> 00:45:27,040 mom's basement, I'll be sitting here sipping from my $5000 918 00:45:27,040 --> 00:45:29,600 bottle of champagne. Remember, choose. 919 00:45:29,600 --> 00:45:34,680 Rich. And so that got that one. 920 00:45:34,680 --> 00:45:37,160 They're like, oh, it's not $5000, It's a Titan girl. 921 00:45:37,160 --> 00:45:39,520 Champagne. It's no shit, bro. 922 00:45:39,520 --> 00:45:41,160 You know what I mean? Like, is this, you know what? 923 00:45:41,160 --> 00:45:43,520 I'm going to say that this is not helpful and I'm going to say 924 00:45:43,520 --> 00:45:47,680 the source is not reliable. I'm going to appeal this 925 00:45:47,680 --> 00:45:50,080 community. I'm going to say submit an 926 00:45:50,080 --> 00:45:50,960 agree. There you go. 927 00:45:50,960 --> 00:45:52,680 I'm gonna say this is abuse against Nick O'Neill. 928 00:45:52,840 --> 00:45:55,800 And then it all started with the chose rich video, right? 929 00:45:55,800 --> 00:45:57,920 Which is this. And then you have this guy 930 00:45:58,560 --> 00:46:02,560 claiming that. So Truce Labs is claiming that 931 00:46:02,760 --> 00:46:08,280 Nick O'Neill is is funded by the Chinese Communist Party, by the 932 00:46:08,320 --> 00:46:13,880 CCPI thought the CCP stood for Crypto Cabal Party, but no, it 933 00:46:13,880 --> 00:46:16,960 turns out that he apparently he's being funded by China. 934 00:46:16,960 --> 00:46:17,960 What do you guys think about that? 935 00:46:23,240 --> 00:46:24,880 I don't know. I've seen this guy's post. 936 00:46:24,880 --> 00:46:26,680 They fantastic. Very rogue. 937 00:46:26,960 --> 00:46:31,320 Like fantastic. He's he, I think he calls out 938 00:46:31,320 --> 00:46:33,640 metallic all the time as well. Like he calls out a bunch of 939 00:46:33,640 --> 00:46:38,040 different people and I don't really know if he yeah, he's 940 00:46:38,160 --> 00:46:41,240 he's very good at his job. Yeah, I don't know what's going 941 00:46:41,240 --> 00:46:43,840 on, but it's pretty funny, so there it is, he said. 942 00:46:43,960 --> 00:46:47,560 KBM was like the founder of Yeah, there was something about 943 00:46:47,560 --> 00:46:49,560 KBM. And buy bit I. 944 00:46:50,400 --> 00:46:55,360 Was like what? Yeah, this one was great too. 945 00:46:56,160 --> 00:46:57,800 Nothing more hilarious than the guy. 946 00:46:57,800 --> 00:46:59,160 Sitting next to I. Chose. 947 00:46:59,200 --> 00:47:03,120 Rich every time from a clearly rented house. 948 00:47:03,720 --> 00:47:07,680 He claims to own it, but his suitcase is right in the corner, 949 00:47:08,600 --> 00:47:10,920 so I guess he's. He's going to struggle to 950 00:47:10,920 --> 00:47:13,600 explain that one why he hasn't been unpacked in his own house. 951 00:47:13,600 --> 00:47:16,080 I don't think so. I chose rich every time. 952 00:47:16,400 --> 00:47:19,320 I chose rich every time. You know Nick went viral. 953 00:47:19,720 --> 00:47:21,120 Can we. I was thinking about this 954 00:47:21,120 --> 00:47:22,440 yesterday. This one's for me. 955 00:47:22,480 --> 00:47:30,080 Twitter fools chose pro in the feller look. 956 00:47:30,080 --> 00:47:33,080 Clearly the nifty portal organization had a great week in 957 00:47:33,080 --> 00:47:37,200 Miami having a little off site you know and choosing to to 958 00:47:38,000 --> 00:47:39,720 They've got an off site right. And it's funny because they 959 00:47:39,720 --> 00:47:41,520 planned all this right? They're actually content masters 960 00:47:41,520 --> 00:47:43,640 like what people don't realize is really good at what they do. 961 00:47:44,080 --> 00:47:47,000 They've been doing this as long as us you know and they've been 962 00:47:47,000 --> 00:47:50,760 doing this for a while and and you know and the and the post 963 00:47:50,760 --> 00:47:53,120 that originally posted they'll start with this one post right. 964 00:47:53,680 --> 00:48:00,600 End up getting 32,000,000 views. This post 32,000,000. 965 00:48:00,600 --> 00:48:03,680 It was posted by Trust Fonterry on X on IG. 966 00:48:03,720 --> 00:48:07,360 The New Yorker posted it every single media in New York and a 967 00:48:07,360 --> 00:48:09,160 lot of people like me and Paige picked it up. 968 00:48:09,480 --> 00:48:15,120 I have a question And can we think of a more viral moment 969 00:48:15,480 --> 00:48:18,120 ever for an NFT native content creator? 970 00:48:18,520 --> 00:48:22,200 I don't think so. 32,000,000 is a big number. 971 00:48:22,280 --> 00:48:24,560 Haven't you seen that right? Like that's one post That means 972 00:48:24,560 --> 00:48:27,640 it's gone over 250 million impressions across all social. 973 00:48:28,440 --> 00:48:30,880 Yeah, I've never seen numbers like that ever. 974 00:48:31,360 --> 00:48:34,920 Like, it's pretty insane. Fair play. 975 00:48:34,960 --> 00:48:37,240 Fair play to Nick. Fair play to Nick, man. 976 00:48:37,240 --> 00:48:38,800 You you won. And I mean, it's had. 977 00:48:39,400 --> 00:48:42,560 Had normies, like texting me about this. 978 00:48:42,560 --> 00:48:43,760 I was like, do you know this guy? 979 00:48:43,760 --> 00:48:45,280 I was like, I was like, yes, Nick. 980 00:48:46,680 --> 00:48:48,560 People are like, oh this? Guy is such a douche bag, man. 981 00:48:48,560 --> 00:48:51,360 I was just like. But what's funny, guys? 982 00:48:51,360 --> 00:48:54,400 It's like the CT guys originally fell for it like it was like 983 00:48:54,400 --> 00:48:58,200 core CT and went viral and everyone seemed to have fallen 984 00:48:58,200 --> 00:49:00,080 for it. And like us NFT Twitter folks 985 00:49:00,080 --> 00:49:02,200 are just laughing because like, we know Nick is fucking around, 986 00:49:02,240 --> 00:49:04,200 right? And it's funny because. 987 00:49:04,880 --> 00:49:06,800 Technically, what if? What if he grows into the 988 00:49:06,800 --> 00:49:08,920 character? I mean I I hope he does. 989 00:49:09,160 --> 00:49:13,040 I was talking to Nick over the weekend and I was like I really 990 00:49:13,040 --> 00:49:15,840 hope he like keeps going into the character and which 991 00:49:15,880 --> 00:49:18,800 obviously like Bodago saw a pump on the back of that we saw Nick 992 00:49:18,800 --> 00:49:21,680 token get a get a little pump on the back of that thing that went 993 00:49:21,680 --> 00:49:24,240 all the way up to $10 million followed by like a beeple every 994 00:49:24,240 --> 00:49:26,080 day. So like you know the you know 995 00:49:26,080 --> 00:49:28,080 the the space was quick to go out. 996 00:49:28,080 --> 00:49:29,960 But anyways quickly we'll have 5 minutes. 997 00:49:30,360 --> 00:49:32,880 Usually we we talk meme coins, we talk NFTS and whatnot. 998 00:49:32,880 --> 00:49:34,040 Especially in the time like this. 999 00:49:34,280 --> 00:49:36,760 The new meme Co meta seems to be all about like those those 1000 00:49:36,760 --> 00:49:39,880 characters like the the the the Trudeau one and stuff like that. 1001 00:49:39,880 --> 00:49:43,600 I completely missed I was having my weekly Mysterio path 1002 00:49:43,880 --> 00:49:47,240 treatment Sunday and I missed generational wealth on a Trudeau 1003 00:49:47,240 --> 00:49:50,080 shit coin. But Mandelse, you sent it to me 1004 00:49:50,080 --> 00:49:51,800 like dude it feels like this one made for you. 1005 00:49:51,800 --> 00:49:55,920 I was out, I was like you know, but it seems like there's a 1006 00:49:55,920 --> 00:49:59,480 whole like you know trend going on on Solana right now which has 1007 00:49:59,480 --> 00:50:02,080 really turned into a full gone blown like full blown like Sky 1008 00:50:02,080 --> 00:50:06,440 Casino. So that's going on right now. 1009 00:50:06,440 --> 00:50:08,800 And then the rest of it is just you know NF TS kind of like 1010 00:50:08,800 --> 00:50:11,440 lacking on that front. So there's not much to cover 1011 00:50:11,640 --> 00:50:14,560 when it comes to that. But that's really what is going 1012 00:50:14,560 --> 00:50:15,840 down. That's based on if you guys had 1013 00:50:15,840 --> 00:50:19,360 anything to add to that and also the fact that OV had cancelled 1014 00:50:20,760 --> 00:50:22,840 PD 5 because everybody pissed him off. 1015 00:50:23,160 --> 00:50:24,600 That also happened over the weekend. 1016 00:50:24,600 --> 00:50:28,320 Do you want to address that OV? Do you want to address you 1017 00:50:28,320 --> 00:50:37,080 cancelling professional DJ? Basically the for our mint we 1018 00:50:37,080 --> 00:50:40,280 just need the ability for different wallets to have 1019 00:50:40,280 --> 00:50:43,600 different mint limits and the current magic. 1020 00:50:43,600 --> 00:50:49,960 Even contracts didn't support that, so I asked them to modify 1021 00:50:49,960 --> 00:50:51,440 the contracts so we can support that. 1022 00:50:52,000 --> 00:50:53,440 That's that's what it's actually canceled. 1023 00:50:53,440 --> 00:50:56,520 Guys, I was obviously playing taps, made a fake screenshot of 1024 00:50:56,560 --> 00:50:59,400 of obviously he's tired of everybody and their expectations 1025 00:50:59,400 --> 00:51:02,800 and that he's quitting and obviously, naturally I had to. 1026 00:51:03,080 --> 00:51:05,800 I had to mim into reality. Maybe it's to get you guys to 1027 00:51:05,800 --> 00:51:07,040 admit less of them. But I was kidding. 1028 00:51:07,120 --> 00:51:09,280 I just because some people took it seriously and were worried 1029 00:51:09,280 --> 00:51:10,920 they'll be like, Oh my God, is he actually canceling? 1030 00:51:11,160 --> 00:51:14,040 No, guys, OV's all canceling. And you know I'm assuming when 1031 00:51:14,040 --> 00:51:15,640 you have news like you'll share on the show. 1032 00:51:15,640 --> 00:51:18,480 So we'll keep you guys posted about what's happening with PD5. 1033 00:51:18,480 --> 00:51:20,720 But anyways, quick glance at D Gen. 1034 00:51:20,720 --> 00:51:23,560 Dash port here on ETH. Peplicator was the big winner 1035 00:51:23,560 --> 00:51:27,360 this weekend. Huge winner was up 600% at peak. 1036 00:51:28,080 --> 00:51:30,560 That was minting Friday I think. So Matt Fury raking in another 1037 00:51:30,560 --> 00:51:34,400 four and a half million dollars. That was with Friday's ETH 1038 00:51:34,400 --> 00:51:37,920 price, so a little higher today. So not failing to mint out a 1039 00:51:38,000 --> 00:51:39,480 project. It's something minted out. 1040 00:51:39,480 --> 00:51:40,560 It's just as many as it could mint. 1041 00:51:40,560 --> 00:51:45,040 It was 22,000 units of Pepe's guys board Apes. 1042 00:51:45,320 --> 00:51:47,440 Once again 10 points down on the day. 1043 00:51:47,960 --> 00:51:51,160 Looking closer to 15 ETH here. Yeah, man. 1044 00:51:53,280 --> 00:51:55,720 Down 35 points. It's all you guys too. 1045 00:51:55,720 --> 00:52:00,400 You guys started the cascade, so blame OSF and Mando Crypto, 1046 00:52:03,440 --> 00:52:04,240 obviously. Just kidding. 1047 00:52:04,240 --> 00:52:06,800 Y'all. But that's going on right now, 1048 00:52:06,800 --> 00:52:12,000 so obviously that. But look, I mean, I'm not really 1049 00:52:12,480 --> 00:52:16,360 per SE worried long term about the broad ape itself, but 1050 00:52:16,360 --> 00:52:20,440 definitely something to look for and in a sign here on ETH NFTS 1051 00:52:21,120 --> 00:52:23,160 recent So 2 1/2 some big crypto punk style. 1052 00:52:23,160 --> 00:52:25,520 Over the weekend I saw Beanie sell for like $800,000. 1053 00:52:25,520 --> 00:52:28,240 One of the cleanest punks in the collection was it was the beanie 1054 00:52:28,240 --> 00:52:30,960 with the 3D glasses. So I'd love to see that some 1055 00:52:30,960 --> 00:52:33,480 punk styles again like the floor sell about $200,000. 1056 00:52:33,480 --> 00:52:36,560 ETH price lower but you know ETH is also $4000. 1057 00:52:38,000 --> 00:52:40,480 He got some liquidation cascading again, just same 1058 00:52:40,480 --> 00:52:42,040 thing. Blur farmer's just getting like 1059 00:52:42,040 --> 00:52:44,400 a ton of stuff happening there so that's not doing well. 1060 00:52:44,400 --> 00:52:47,840 Same for zuki pudgies as well. I wish I had 13 knees Sappy 1061 00:52:47,840 --> 00:52:49,800 seals I don't know if you saw, but shout out to wab give him 1062 00:52:49,800 --> 00:52:52,680 some some flowers. There he is like starting this 1063 00:52:52,680 --> 00:52:55,280 like open world concept. Like I saw seals come home you 1064 00:52:55,280 --> 00:52:58,000 know kind of a fork of like apes come home like this new world 1065 00:52:58,000 --> 00:52:59,880 where like a bunch of people can like come and hang out on this 1066 00:52:59,880 --> 00:53:01,840 metaverse. Shout out to him for including 1067 00:53:01,960 --> 00:53:05,200 meme coin communities. I think at the moment meme coin 1068 00:53:05,200 --> 00:53:07,080 communities are what NFT communities were like early 1069 00:53:07,080 --> 00:53:09,240 2021. I don't know if you guys agree 1070 00:53:09,240 --> 00:53:11,120 with that or not, but that's kind of what I'm seeing form 1071 00:53:11,120 --> 00:53:14,800 here, which is kind of funny. So he included MOG and another 1072 00:53:14,800 --> 00:53:17,360 coin, forgot which. I'm sorry about that. 1073 00:53:17,840 --> 00:53:20,640 Maybe was it ticker Bitcoin probably and and something else, 1074 00:53:20,640 --> 00:53:22,240 I don't know. But it was one of those. 1075 00:53:22,800 --> 00:53:26,760 So there was that on the seal. So we saw some movement there on 1076 00:53:26,760 --> 00:53:28,600 Bitcoin. Everything's down, but 1077 00:53:28,600 --> 00:53:30,760 everything was up a lot. So you know, puppets, wow. 1078 00:53:30,760 --> 00:53:34,600 Puppets are .14 Bitcoin, but that's with Bitcoin at $72,000. 1079 00:53:34,600 --> 00:53:38,840 So it's normal when the underlying asset is denominated 1080 00:53:38,840 --> 00:53:43,040 and goes up, the asset goes up, goes down, the NFTS go down. 1081 00:53:43,040 --> 00:53:46,440 So pretty large pull back all across the board on ordinals 1082 00:53:46,440 --> 00:53:49,440 with 20% down on node monkeys, 20% down on puppets. 1083 00:53:50,160 --> 00:53:52,640 I saw this pups token thing. I spent an hour this weekend, 1084 00:53:52,640 --> 00:53:56,600 boys separating my puppets into wallets, gambling, speculating 1085 00:53:56,600 --> 00:53:59,200 on the fact that I could potentially get an AirDrop per 1086 00:53:59,200 --> 00:54:01,680 wallet versus how many puppets you have in a wallet, but it's 1087 00:54:01,680 --> 00:54:03,240 on Bitcoin. So it took me an hour and 30 1088 00:54:03,240 --> 00:54:06,720 minutes to separate everything. But you know what? 1089 00:54:07,160 --> 00:54:08,880 You know it was a chill thing. It's vintage. 1090 00:54:08,920 --> 00:54:10,640 It's luxury. You know when you when you order 1091 00:54:10,640 --> 00:54:13,480 Chanel purse or you go buy like nice pair of sneakers of Louis 1092 00:54:13,480 --> 00:54:15,000 Vuitton, you have to wait like 30 minutes for the bill. 1093 00:54:15,040 --> 00:54:18,520 It's just how it is. So maybe not 30, but you know 1094 00:54:18,520 --> 00:54:20,320 what I mean. And last but not least on 1095 00:54:20,320 --> 00:54:22,680 Solana, same thing. NF TS. 1096 00:54:22,680 --> 00:54:26,240 Lower Fragana's up a bit. Mad lad's up of course, like 1097 00:54:26,240 --> 00:54:28,760 they keep getting air drops. 10 sorens were up a bit, it's a 1098 00:54:28,760 --> 00:54:30,680 fifty thing. And then Podagos of course 1099 00:54:30,680 --> 00:54:34,120 getting all the attention. They were up to 8 soul but 1100 00:54:34,320 --> 00:54:37,000 retraced a little bit back down to 8 seven Soul on the back of 1101 00:54:37,200 --> 00:54:42,720 Nick of course going being absolutely viral AF over the 1102 00:54:42,720 --> 00:54:45,960 weekend but that's about it. I don't know if you guys are 1103 00:54:45,960 --> 00:54:49,120 seeing this Jason safe calling the BTC Maxis annoying and 1104 00:54:49,120 --> 00:54:50,560 stuff. So it looks like the Bitcoin 1105 00:54:50,560 --> 00:54:53,720 Bros, the Bloomberg Bros, the ETF Bros are all at it all the 1106 00:54:53,720 --> 00:54:55,880 timeline today. So we're going to see what 1107 00:54:55,880 --> 00:55:03,440 happens on the race of ETFs. And guys, this is funny actually 1108 00:55:03,440 --> 00:55:09,720 look at this, he backed it up but he got he goes BTC Maxis, 1109 00:55:09,720 --> 00:55:13,120 you're kind of annoying as hell on this topic about the ETC. 1110 00:55:16,000 --> 00:55:17,760 Don't want to know where the Bitcoin Max is, man. 1111 00:55:18,160 --> 00:55:22,160 Oh man, oh man, oh man. Anyways, the price is going up. 1112 00:55:22,840 --> 00:55:24,520 We have a packed week on the show. 1113 00:55:24,520 --> 00:55:27,600 We have guests almost every day. Tomorrow we're doing Robin 1114 00:55:27,600 --> 00:55:31,160 Luttbach spin, so excited for that lot going on. 1115 00:55:31,160 --> 00:55:35,400 And we have a project coming up and on and on and on and I think 1116 00:55:35,400 --> 00:55:38,280 I think tomorrow fine, Launching the the DJ Ali. 1117 00:55:38,280 --> 00:55:40,360 The DJ Ali thing That's what I'm hearing. 1118 00:55:40,360 --> 00:55:41,760 But we'll see you tomorrow anyways. 1119 00:55:42,280 --> 00:55:44,960 Anyways, Callie said. So I'll wait. 1120 00:55:47,240 --> 00:55:49,200 Shout out to Callie probably listened to the show now but 1121 00:55:49,200 --> 00:55:52,080 with that with that bit that shout out to our show sponsors 1122 00:55:52,200 --> 00:55:53,760 Pallet. Check him out. 1123 00:55:53,760 --> 00:55:55,480 The fire our new our new partners. 1124 00:55:55,480 --> 00:55:57,960 You'll hear more about them throughout the month on the show 1125 00:55:57,960 --> 00:56:00,200 cool generative art project. And of course we'll bet. 1126 00:56:00,200 --> 00:56:02,760 And with that, we'll see out tomorrow morning, 10:30 AM 1127 00:56:02,760 --> 00:56:05,400 Eastern Standard Time. Something three. 1128 00:56:05,520 --> 00:56:08,960 No. Now, 2:30 PM GMT for another 1129 00:56:08,960 --> 00:56:11,240 episode of Formal Hour on Rogue Radio.