Yo, what up? What up?
Good morning. Good morning to you MD.
OK, it's Thursday yet. Thursday, August 8th, 2020.
Look at that. Another beautiful day to have a
beautiful day. I got my coast.
And how's Tyler? Good morning.
How you doing today? Doing great.
The weather is just beautiful in Chicago right now, upper 70s
sunnies, just a nice kind of end to summer here and the market is
alive. We've we've got some new coins
ripping. We've got it and there's some
exciting action there. I'm being told they can't hear
me on spaces. How's that possible?
Check check. I I mean I have my home.
It's working fine. Oh, it's working fine.
OK, cool. One second check check.
Can I get some thumbs up on Twitter Space, please?
Can I get some thumbs up? Just to be sure, just to be
sure, if you can hear me Check check No check.
Oh yeah, it's working definitely OK second phone works OK.
Perfect. Yeah, I mean, the weather's good
on the East Coast, dude. I mean, the weather is insane.
There's a tropical storm coming our way though this weekend.
But beside. The East is bad, yeah.
You don't want to be on the Far East coast.
This. Yeah.
We, we have, we, we're getting it.
We're getting the, the, the storm here.
The little, it's not storm, by the way, like it's just going to
be a lot of rain. Like we don't get storms in
Montreal. We're not that Far East.
But besides that, like we, it's only rained like a week this
year and I wasn't here and obviously we're getting rain
this weekend, but it's been, it's been nice.
I've been going on walks during my calls to, to get out a little
bit. It, it feels good.
Honestly, we're lucky. We're definitely blessed with
good weather. And again today that you know
what good weather makes me want to drink.
I don't like yesterday I got to say like around like 4 PMI was
like, fuck, I really want to drink.
I didn't 'cause I told myself, you know, after being away for a
bit, we're going to try and go drive for a little bit and you
know, get on the health train, which we are.
But you know, it definitely, definitely has this effect on
you. You're like, hmm, yeah, I could
use a fucking beer right now. Maybe we do it today.
Maybe we got a steak and a beer. I've been working out like an
animal today. This week.
Anyways, then the show today. Today.
What up, Kaylia, What's up? Yo, Kaylia, we got to get you on
stream one of these days. You got to come and hang out
with us on video. I'll, I'll DM you.
Anyways, tell the show that today I know Mando's on the way,
so we'll have market report, etcetera.
Tyler's top 100 as usual. And then and then again, we're
going to bring back the segment of tweet of the day.
You know, agree or disagree? Is that what we're calling it?
Agree or disagree? Or let's go agree.
Disagree. Yeah, agree to.
Yeah. Or let's agree to disagree.
That could be. That could be we'll.
Workshop it, yeah. Yeah, we'll workshop it, but but
you know, we we we're we're gonna start doing this a little
more where we, we bring up a tweet on screen and then, you
know, Tyler Mendo myself give our opinions, but also we like
to hear yours so or read yours. So we'll read a few opinions.
So if you're on the broadcast on X on on YouTube, feel free to
comment. We usually all post a broadcast
early on during the show. And yeah, K dude, I am sure
we're going to be talking about this RTR coin right now.
I mean, how can you not? Shit's got 50 million liquidity
and $90 million FDV. So you know what, Tyler?
I just got a text from Mando. He's on his way.
But why don't we start with your top 100 today and then we'll go
into the market for daily NFT and crypto analysis.
Tyler D on FOMO our calls the kids can't.
Bring the batch of bears a lot on deck here today for a for
starters, crypto majors they are mixed E flagging sole leading
once again mean coin leaders slightly red on the day as well.
We saw two major crypto court cases resolved on Wednesday one
with ripple ordered to pay $125 million in fines versus 2
billion which they were originally held accountable for
So a win there also XRP the token ruled not the securities.
That's the big win. Then the other case, FTX, they
are ordered now to pay 12 point 12.7 billion back to those
creditors. So that money may actually be on
the way here soon. In arbitrary news, shout out to
our partner Arbitrary, two big pieces here.
So arbitrary orbit chains can now use USDC as a custom gas
tokens that opens up some new flexibility for Daps.
And then Franklin Templeton has launched their on chain U.S.
government money fund on arbitrage in collab with the
Arbitron Foundation. So shout out to them.
In other news, Brazil regulators have approved the launch ever
Solana ETF first in the world. Brazil leading the way.
We saw fair shake the pro crypto super PAC.
They are going to spend $25 million on ad campaigns for 18
House candidates. Interestingly though split
evenly 9 Republicans and nine Democrats.
So they are working across the aisle.
Big day for blast. Three pieces of blast news.
So one blast released its August gold distribution along with a
new culture category and the ability to distribute gold
directly to assets like NFTS are meme coin.
So clearly focused on memes and NFTS there Pac-Man.
They announced they are officially moving to Solana
where the token will be undergoing A10 for one split.
It involves a burn. The new token is called Army and
that will be live on Solana on August 15th.
And then a new prediction market predict not fun.
It teased its upcoming Blast launch along with native yield,
liquidity, high precision and incentive.
Couple pieces of NFT news as well.
So we saw Zora announced an upgrade combining their Zora
primary market with Uniswap as a secondary market.
So that's an interesting 1D GOTS talk of the town.
They're soaring as their Telegram activation heats up.
Now up 100% off. And then breaking news this
morning for Oak gave us the lead.
We may or may not. We have a Trump coin launch on
our hands. There's a new token rocketing up
rocketing up the decks here. The 17th Trump coin of the
cycle. Let's go.
Probably not to last. This time is different.
I'm just looking at the dip here waiting to see if I can buy some
more. Let's just pull it up.
We gotta start there. I guess we'll fuck it.
I guess we'll start there. We got do you you got a lot to
talk about today, Tyler. Holy shit in in a good way.
I mean in a good way. I like that there's a that was a
solid roundup. All right let's start with the
Trump coin then I definitely want to talk some some RTR.
I'm sorry, sorry, some D gods. I definitely want to talk blast.
I want to talk Solana. So there's a lot of really good
topics here, but OK, this is what we have in hand here.
I'm hearing that Donald Trump collaborated with Mando to write
the contract. I'm hearing that I, I'm, I'm
hearing that I'm, I'm hearing that, that, that Donald Trump
himself coded the thing. I mean, Manda, what do you
think? Good morning.
I'm doing great. I heard this is him.
Well, no, not him, but his, his team, whatever.
Or at least associated with him. I heard that yesterday, which is
what I said on the show. I, I don't know if this is
everything I've heard like this defy shit as well.
Like I've heard there's there may be like some
fractionalization stuff or they might be trying to do like a
there's a load of stuff that they're clearly trying to do in
crypto. But yeah, this I I believe this
is attached to at least a family in some way.
Now, at the same time they've endorsed other coins in the
past, they endorsed MAGA again, right?
MG MAGAAA. And did they did they endorse
the original MAGA coin? I don't think they ever
acknowledged the original Trump on ETH coin, but they definitely
did the MAGA like extra a because they remember on the
spaces and it was also one of the sponsors of of Bitcoin
Nashville. I believe that Tucker Carlson
remember I saw this threat guy picture with Tucker Carlson in
the background was like MAGAA coin.
Do you guys remember that? He's definitely endorsed one
other coin. Yeah.
I know, I know. One of the Trump brothers, I
think it was Trump Junior, maybe endorsed.
Yeah, MAGA again, Make America great Again.
Again, that coin. That one, yeah, I saw that one,
which I don't think is doing. This one seems real.
It's 13.7 million in liquidity, so.
Crazy. But who was it that made a
point? Like I forgot which shot it was
but someone made a good point saying that DJT at some point
had 30 mil liquidity. Well, that makes me think even
more that that was attached to them too.
But I I think. This one's going to get an
official endorsement. I have a question and always see
Full disclosure, I bought this around like 50 mil mark.
I saw it 50 mil. Like fuck it, I'm I'm throwing a
little bit of shekels in there. But why would they do that tied
to Trump's name if he's really getting beat in prediction
markets and polls right now? Like this can't end only one
way, right? What do you mean?
I mean, why would his kids do that to him when he's literally
losing like Trump right now is losing across the board.
Well, it's 5050, right? It's 5050 on the markets.
But you know, I don't know. I don't know.
It's an interesting one. Or actually, it's 5049 now.
Michelle Obama now went below the 1% mark here for the first
time that she's not in the top three here.
I don't know if you guys noticed that.
It's not really like a coin toss between between the two of them.
That's interesting. I guess we'll see, wait and see.
There is a what's the name? What the Republic something what
is it called? RTR is it?
Restore the Republic. Restore the Republic and and
there is a Twitter accounts that shared a no, that's but see,
it's not the right Twitter address.
Hold on like the is this one right?
There we go. Sorry guys, there it is.
OK, this is a Twitter. So 1200 followers and this video
came out with it. Years from now, some of them may
look back and ask themselves whether they've made the right
choice, whether they've made the most of the opportunities
they've been given. But you have to put your head
down and fight. Never, ever, ever give up.
With your help, we will save our nation.
We will restore our Republic. Restore the Republic.
Restore the Republic, Restore the Republic, Restore the
Republic, Restore the Republic. Let's honor their legacy by
continuing to dream boldly and tirelessly, working to turn
those dreams into reality. We will make America safe again
and we will make America great again.
It's nothing. This made me want to become
American. Bro, I may, I may as well, just
like I hear you could walk into America and vote.
So I may as well just go and and and and give it a shot here.
I I may as well just give it a shot.
This made me want to become a become a a true.
Nothing screams, you know, restore Republic like launching
a coin on Solana. Hey, what's the upside on this?
If they if the Trump brothers come out and say.
Court of Bill. What do you think?
We're discussing that in the chat.
Now I think I think 2:50 if if mega if and by the way, like put
the whole like Sims. This is where you put the
fucking opinions or their own shit.
OK, this see, not when we don't need it.
This is where you put the banner at the bottom of the show.
There you go. Thank you.
But anyways, I told everybody on the show I got in a 550 mil.
I think endorsement by an actual kid of his like Eric that put
the tweet out is like 250 mil. What do you think, Tyler?
I think it's got a a 1 billion upside like this.
This becomes the Trump coin. Donald Trump is not going to do
a coin like no, that is that is certain.
This has Eric Trump and Donald Trump Junior tied to it.
Like this is the closest you're ever going to get.
And I guess they did endorse the other one that muddies it.
And I know we've had others with like DJT and whatnot.
The liquidity is huge. So you can slam into this.
And that's like getting to a billion requires a lot of things
to go right. Like they have to come out and
actually talk about it and probably talk about it like
somewhat consistently. And I actually think if Trump
starts underperforming in the polls, that's probably better
for the token because it kind of puts in more as the underdog.
It can be kind of like the the, the revolution, like the the
fight back coin. So that that's the path to a
billion, I see. Do we think that the path to
billion is, is, is, is, is is hard to get to on Solana now?
I mean, it goes back to Ovie's point earlier this week, which
we all seem to think was a pretty good point.
Not many coins have this. I mean, this is already the
fourth highest liquidity coin on Solana.
And I know it's not perfect and it doesn't measure all the
different things, but like on a basic, if you filter by
liquidity, it's already #4 So I, I, I think that matters, right?
It enables people to move in bigger size.
You got Yeah, he's in. Katy's got a point.
Distribution is awful, though. If they huddle the Billy the
supply a billion if they keep farming.
So it's it's one of those, it's one of those situations your
mind, what is your call here? I think, I think it's, you'll
probably see a lot of two sided trading.
I don't know, it's difficult to say like if I heard about this
coin coming yesterday, then I'm sure you know people have heard
about this coin coming. So I reckon people will be
sellers with like just by the nature of Salon Amin coins at
some level I reckon around 200 you see quite a lot of like 2
sided trading. It's got 3700 holders.
Yeah, that's not that high. It's not so like that was on
Marad's cult list. But on the flip side, I mean,
it's been, it's been trading for 80 minutes.
Yeah, and that. That scares me even more.
Like there's a bunch of people who are who have probably bought
it waiting for Donald Trump. There's a lot of early buyers on
this thing. There's a lot of early buyers on
this on on this thing. Yeah, there's a lot of like
people up ten. Well, the top holder is up 9
million. I've I've heard the the top
holders actually the meteor revolt.
So that's got 25, but then people are up millions.
Yeah, looks like. Jeez.
Yeah, that's it's definitely it's definitely it's definitely
interesting here. I mean, I I understand the whole
bubble maps thing, but even for the coins that are scams, I feel
like every coin always has a bad bubble maps because if you
launch on pumped up fun by default, your your pop bubble
maps out the gate is bad, right? It's not for every coin.
Like I understand the whole bubble maps thing launched.
It on pumped up fun. No, no, it wasn't.
But what I'm saying is like every single coin that launches,
even the pump fun one was technically speaking, pump fun
is more egalitarian. Like has a horrible bubble maps
from the gecko because like, because like you, you, you bind
so early pre radium, pre liquidity poll that you had
you're you're by default having a lot of coins, like no coins
coming out of bubble of of of of thing.
Apparently it was launched on photon.
Look, I I have no like details on that, but but we'll see.
We'll see. We'll see.
We'll see where this goes and if we get us indoors.
But it's definitely an interesting morning here and
we're definitely back. See, crypto sees one, isn't
they? There's a lot of liquidity
there, so that's why I feel like it's not one of those classic
rugs. Do you know what I mean?
Like there's 15,000,000 of liquidity.
It's very tightly held, but it feels like one of those ones
where it's difficult for you to like do a Skrelly style candle
in my opinion. Do you think like?
What's a Skrelly style candle on the way up or down?
On the way down. Do you know what I mean?
Like if this it does end up being a rug, like yeah, I guess
they can pull the liquidity in there.
It's not burnt. I don't no it's locked. 50 mil
locked. Yeah, but not burned. 99 six, I
think it's burned, brother. No way.
Yeah. Look, they burned 15,000,000 of
liquidity. No it.
Says I mean this says this says burn no unless I'm reading
wrong. I don't want to spread
misinformation so check for me. But doesn't this lady say burn
99.96%? It does.
It right, I mean you're. There's just no way they would.
The meme corn dev man though it was.
No way. It would like, is it?
Is it? Look, if I click here, it says
burn, right? Let me ask wizard.
That's interesting. I think the other.
Does this think they burned 15 mil?
You can bet on this also on polymarket in much smaller size.
Somebody knows better probably than that yeah, see DJT did as
well. That's the thing, right?
Like it was the same thing on DJT.
So I guess we'll see if you're aping this ape responsibly and
definitely be very careful. But if it's.
Burnt. It's the most bullish thing
possible, right? Let's be honest here, I'm
trying. I mean fucking burnt liquidity,
that's. Lizard says yes.
What's up? What's up, Tyler?
Uh oh. Oh, maybe I'm lagging.
Robotics. Nope.
Can you remember it? Let me, let me text him.
Hold on robotic, we lost you all.
Right. Are we back now?
Yeah, we, we lost Tyler. Let me see.
We're getting a bunch of links here to check.
There he is there. What were you saying, Tyler?
No, just there's another way to bet on this.
Like not in size, but there's a polymarket line.
Will the Trump family launch a coin by Friday?
It's only at 16%, so I guess it's probably been more.
Focused on taking where's? That there's not much.
There's not the order book is not deep.
That's. Why We like you.
You have the little things like that.
Where is it this one? Well, not that one do a Trump
family type Trump family. Hold on, this is a good line
here yo-yo find that. Yo, And then it resolves, yes,
if Donald, Melania, Donald Trump, Junior, Ivanka, Eric
Trump, Tiffany or Baron announced the launch of a coin
or announced involvement by Friday night midnight.
Think about it, if Eric Trump is actually involved in this shit,
he's seeing this line, You're telling me he's not aping in and
tweeting? Where is this thing you should?
From Polymarket bro. I need to find this polymarket.
There's only 32 K volume on it right now, so you probably can't
go in with size, right? Yeah.
People are buying it, you can get.
Well, now that we shared it, this is being bought up.
Yeah, you can get like a couple 1000 bucks in right now.
Yeah, I don't have enough money on polymarket and it takes a
little bit so Oh no, wait, I got zero on polymarket.
Never mind I no, I lost my bet of Michelle Obama.
Here let me claim my $0.00. Live on air.
Yeah, I've lost it all. I'm not GCR I guess after all.
These things happen. 24% Tyler, what have you done?
Dude? I wouldn't.
Be a fucking mother. What is this thing?
29% Tyler. What's the other what's I
didn't? What's the other Trump lines?
Dude, just type Trump again. Tyler did this.
Tyler did this. 29% Tyler. I love this show more.
Money to be made on Polymarket man.
Alright. Photon says 99% burned as well,
per one of our listeners. Geez.
Yeah K dude as well. 99.97 brother, they burnt that fucking
thing. How did they burn?
I mean, they must think this thing's going to a billion like.
OK, let's not get too excited here.
Mando, how big are you in this coin?
I'm, I mean, I'm buying it. I I just didn't think they would
have burnt liquidity, right? Like that indicates, you know,
you normally burn a pumped off on liquidity and it's 75 K and
that's why everyone complaints. It's like 1% liquidity versus I.
Mean, I remember you did that. You burnt the whole fucking
thing, right? No, no.
That was separate. But like as as standard they
burn, they burn the LP for pumped off fun coins, but the
liquidity is very small often versus the market cap that means
only around 1% or or around that sort of level.
This is 15,000,000 of burned on an what, $85 million meme coin?
That's that seems really high to me.
I don't think I've seen something like that for for a
while and that makes me think again.
It's more legit. Yeah, it's interesting.
This is. This is definitely wild.
What's the. All right, Tyler, let's see what
you did. Oh, no, it's now the 1313%.
You know what it is? This polymark is volatile
because there's not a lot of volume on it.
Yeah. So a lot of people just took
some gains. A lot of people just took some
gains on on that. So it's maybe not a bad line to
throw to throw something at. What's the return?
You throw 100 bucks for $600. Not bad.
There's one where you got to be patient and wait for the order
book to keep filling in versus just like slamming in.
You probably can only buy like 100 bucks at a time.
Yeah, I'm not going to lie, on $100 size, it's not a bad
return. I like it.
Trump finally launched a coin by Friday.
But what does it mean launches a coin by Friday?
It says on so that's what it says.
Here's how it resolves, right? It would say it would say
smuggle results. Yes, if Donald, Melania, Donald
Trump, General Ivanka, Eric, Tiffany or Baron Trump announces
the launch of a coin announces involvement in the launch of a
so they wouldn't have to just say they're in like they have to
actually announce involvement in the keyword here is is
involvement in in this. So I guess to follow and we'll
see where, where, where this takes us.
But definitely an interesting turn of events, gentlemen today.
Anyways, I think we should I think we should move on and we
can probably we can probably spend the whole fucking hour on
this coin. So this is 1030.
Holy shit, this is crazy. Tyler, what else do you got for
us? You had a lot.
Yeah, I think the the blast stuff was kind of big.
It's at least worth going over just for, you know, the
ecosystem is quieter for sure. But they released the the August
gold distribution. So I think the highlights here,
there's 11,000,000 gold distributed, 10 million for
existing apps, 1,000,000 for new apps, a few new things.
Dabs can allocate gold directly to assets now, so to directly to
NFT holders or coin holders. They also introduced this new
culture category for NFTS and meetings.
So that that clearly is a focus. Fancy top thruster, IKB, Yolo,
Wasabi, kind of the typical players.
They were the big winners. I think the surprise predict dot
fund was the big new winner for new dabs.
So they got 875,000 goals, they got the third most, and they
don't have a live working product yet.
We also saw Pac-Man kind of make a statement.
He addressed his being quiet, says that they're building
effectively and that they're accepting the trade off between
being, you know, speaking on the timeline every day versus
building behind the scenes. And they're kind of OK with
that. He brought up this new
allocation of gold directly to assets.
Basically seems like they've been wanting to do this, but
they didn't want to rush it for legal reasons.
Now they feel safer doing it through the foundation.
So that's the, the big TLDR of the blast news.
I mean, my, my blast gold target is like $0.25 right now.
Perhaps that's even high. So I think we're all being a
little bit more realistic this go around.
But that's still even at $0.20, you know, a couple 100,000 in
monthly rewards for these dabs, so not bad.
In the other news, pack moon, pack Moon's, see ya.
We got the news. They're moving to Solana.
They're going to be Army. A 12:50 split is going to have
even nicer unit bias. So I think like that holders
have until the 14th of August. So not a whole lot of time, less
than a week now to do the burn or your existing tokens.
And then you will get the new tokens AirDrop to you on Solana
on the 15th market. Liked it, saw the token pop 70%.
Now questions are how's it going to trade over on Solana?
But I don't know personally, I like the move.
Yeah, we'll see. We'll see.
We'll see where that goes. I thought that was interesting
to see a bunch of women there. I did see the predict that fun
thing yesterday, obviously, as we're, we're working on, on, on
some, on, on some stuff there. So I thought that was fun.
The pack moon thing, though, I, I, you guys, you guys thing is
bullish or bearish pack moon like I I, I I'm generally
curious about what you think because of course, like a lot of
people will probably follow suit, right And start moving
chains. People will see how this is
done. I remember in the in about a
month or two after Epic launched and, you know, still in the
trenches, people said to me that I should bridge to blast as a
way to like, because there were no meme coins or blasts.
And that was a move. And I was like, I think that's
not a good thing to do. And we end up not doing it.
But I actually looked into it at that time and, like, the bridge
seemed difficult and like, it just seemed like a bit of a, you
know, difficult thing to do. So if they do this and it works
out well, I think maybe some people will do it.
I don't. Yeah.
Look, it was trading at 6,000,000.
You got to try something, right? You got to roll the dice.
So it's not like it's bullish or bearish.
They're just rolling the dice at six million.
I thought it was, yeah, a buy. I don't know if like people are
going to FOMO into it at like 50.
Yeah. Let's see yeah, let me have a
few jams. I'll put it that way.
I like the move. Like they agree with you, man.
Like they, they had to do something.
All the momentum was gone. Clearly meme coins are not even
being treated on blast. Like no one cares.
That's that's not why they're over there.
You can share your own gripes with the Solana meme coin
ecosystem right now, but at least people are trading tokens.
So there's liquidity now. It's still, but the team has to
do something like they're going to have to drive this forward.
A bridge alone is not going to pump this thing.
So they're going to have to back this up with with some firepower
too. Yeah, it's it's going to be an
interesting. I I, I was just curious what
they do. I think these guys are good
founders and fan we've been fans of them for for a minute.
So I think I think these guys know what they're doing and and
we'll see. I do think though that so long
as the right choice, like if I had to pick out of all the
chains. You're really, you're really
throwing yourself out there, are you?
What? You think Salon is the best best
chain for mean points? Is that what you're saying?
I do, I think Salon is the best chain for mean points.
Controversial. I need to take on that Tyler.
But not, but not. I'm distracted, I'm distracted.
I'm distracted here trying to buy these RTR dips.
Yeah. What is?
That Donald dumping on us? Oh God.
Fuck dude, nobody. Over.
No, but seriously, like do we like what?
Like like I'm just trying to understand like the the your
dad's running for president. He's literally like fumbling one
of the biggest leads ever. Like we haven't seen this since
the Patriots in like the Eagles game like that that one time or
like open scene blur and you launch a shake coin Like is that
what you do? See, that's that's where I feel
like you're that's from the inclination on your voice.
There was wrong because it should be and you launch a shit
coin, you know. Seems like it.
Seems like a turn around strategy if anything.
Fuck you dude, I love that. Oh well, here it goes. 7 minutes
ago Vladimir Putin signs law to legalize cryptocurrency mining
in Russia. So we're all moving to Russia
anyways anyways, I'm I'm so distracted right now it's not
even funny. I'm like fully distracted.
All right, Speaking of shit coins and meme coins, I'm kind
of liking this. Oh, that was for tweet of the
day. So we'll keep that.
Sorry. That was a digo saying was for
tweet of the day. We'll talk about this in a
minute. I'm actually going to shoot it
back to Tyler fantasy because there was a lot.
So there was blast. We talked about it.
There was the FTX. Oh, let's talk about the XRP
ruling because that shit popped like 20% yesterday on the back
of that. Talk about a slap on the wrist.
Fine, They were after XRP for $2 billion, ended up with $125
million fine. How do we feel about that?
The SEC once again, just like coming at everything and
anything and not really coming out with, with what they want
initially, right? Seems like a pretty big win.
And like they also the judge imposed an injunction against
future securities law violations.
So it seems like they are in the clear as I'm interpreting that,
which feels just like a major win for, you know, the rest of
the the industry. And of course, you know, they,
they end up being charged 116th of what the SEC was looking for.
So feels like a, a massive win. And now, you know, just
wondering how, how are the other cases going to go?
It seems like they're they're just weakened and they continue
to be weakened with each rule at this point.
I mean, what X look at look at this chart.
I mean XRPI don't know if it's if it's still up right now, but
it was definitely up. It was just up 20% on the back
of this news. So clearly the market liked it
and sub 22 points over the last 24 hours.
So just goes to show you like, I don't know, man, I think I think
they're in trouble there and it doesn't look like things are
going to get better for them. When by the way, when is CZ out?
I feel like that's. Six months ago, Gavin, Gavin
Shapiro, I think his name is the the milady analyst guy.
You see him? Let's see Gavin Shapiro.
The Gabriel Shapiro actually thinks it is.
Yeah. Oh yeah, I'm pretty sure I own
his fantasy top card. Oh, really?
Yeah, he put out a tweet which I thought was interesting because
I feel like he knows what you're talking about.
Is it under score? It's at Lex under score node and
he said. Yes, that's what it is.
He says retweet a lot. Why is he retweeting so much?
Where's the tweet you're talking about?
Let me find it. God, there's.
We really can't think of a worst case for the SEC to lose from
the SE CS point of view than Ripple.
They did everything wrong tying their business to the token,
token price, hiring market makers to massage the price,
etcetera. You can look at old charts and
see how Ripple Corp announcements pumped XRP.
The tech itself is also highly centralized and no crypto
economic mechanism to incentivize validation
dependence on a Ripple. Maintain this to get
consistency. Point being, if the SEC lost
this one, imagine how it will fare in all the cases where the
project team was much more careful.
So I saw that and I thought that was that made me feel bullish.
Solana. Solana went higher on the XRP.
Like basically feels like whatever news comes out.
Anything happens Solana higher like CTTF, Solana higher XRP
whoops, fucking SCC's ass in court.
Solana higher Donnie Junior launches a coin Solana higher
like it's, it's, it's honestly great.
I mean, look, we're, we're about to we're nearing $160.00.
So you absolutely love to see that and for once, I don't think
it yet, but MFRS were were sharing this chart on the
timeline and we didn't turbo dump because the last nine tries
we dumped on the back of that. But look at that chart.
It's pretty wild guys. What like what do you have a
target for Solis Mando? Curious about that.
I think it's difficult to say Solis because I don't really
have a target for Solis. I have, I think that Solana can
get to, as I said before, 5 to 6% this cycle dominance.
Right now it's it's just shy of four.
So basically, I think it can keep pace with Bitcoin because I
think I'm not really that I don't really think ether is that
important to that dominance figure.
How is this the 50% market step? So I got I caught some shit for
for talking about this bet earlier in the week.
There wasn't a whole lot of liquidity.
You can get a you can get 100% return betting salon in decent
size. Look at the order book you can
like. You can get $1000 bets in 1%
move holding. This is literally about to hit
right now and your timing that there's still a 50% chance to
fucking hit that and then start resolving in the 90s.
That's pretty wild. Oh, the one minute it has to
close. All right, So tomorrow's close
price has to be above 160. OK, so it can't just be 160?
Above 160 So what? 160.5 What's the problem?
Tyler, like you're finding these gems here.
This seems. Dude one. 61 Tyler unbelievably
mispriced to me 160. .0 guys, Tyler is the fucking alpha on
the markets dude. Are you kidding me?
This guy is like the Poly market guru.
I mean look at this. It resolves as a as A1.
Let's let's let's see where you're at.
Let's put the one minute candle, Tyler, in your honor, let's just
have the mind minute candle up here while we host this show.
I mean, are you big on this? I hope you're big on this.
You deserve that. I haven't bet it.
There wasn't enough liquidity to really bet it.
This shit's less than 30 cents away from resolving.
Well, it's not that simple though.
It can't. It can't just.
It has to be above 160 at close tomorrow.
So just because it goes over 160 doesn't mean yes.
So it's I'm still bullish on the bet, but it's not quite as
simple as like the second. It just you win.
JLP 2% from all time high peeps. Let's go.
The OSF trade. The OSF wins the game.
Is that the coin OSF keeps talking about?
I replied to him yesterday. I don't know if you saw his, I
replied to his tweet. Yeah, I didn't see that.
I didn't see that. I'm gonna, I'm gonna.
It was funny because in our voice chat, Deez was like, oh,
so OSF tweet about that. I'm Sobie.
Sobie was asking about it. He was like, oh, can we loop it?
And I was like what the fuck is? This stuff, it was hilarious
because Sobie and these both were like, yeah, like, Jumpy's
such a smart move. OSF, you're so right.
And then Mando came in like, what the fuck, Mando?
You should have seen that. Mando was like, yo, what the
hell with that? Like I'm the one talking about
Jumpy every single day on FMO hour.
He's like he's like I put like my entire net worth into this
fucking JLP coin and you guys are you guys only ape it when
Ovi mean it goes to show you, you know it's a cloud game, man,
it's a cloud game. I'm sorry, dude, I'm sorry.
You know, he was always a clouded 1 because of his art.
You know, he played the artist game meta in NFT 2021, but now
you you you can play the meme coin dev meta.
You know, you can be the guy that plays meme coin dev meta,
so you're fine. You'll live, you'll live, I
think. I think you'll be.
Coming, I'm going to be posting memes all day it seems now from
the main dude. I have to say I love it.
I have your notifications on, so I definitely enjoyed the memes.
You didn't have that Donald Junior Trump meme, You know, 4
hours before the token launched the man.
I heard it was. I heard I was going to get it
early. I'm just saying you didn't give
it to me early, you know? I gave it to you when I got it
you. Need me to see it at $45
million? And where is it now?
Higher than that. Thank you.
Fuck, stage. That's funny.
Anyways, where's my chair? Fuck.
Hold on, let me get my chair. All right.
So anyways, Tyler, was there anything else before we go on to
your tweet of the day? I think that mostly covers that.
Yeah, we got some big Arbitrum stuff.
I'm sure we'll hit that in our Monday update.
Yeah, yeah, yeah, let's keep the ARP stuff for Monday.
But that was pretty bullish. Franklin Templeton picking
arbitrum, etcetera. I mean, these guys, the BD team
over there is fucking cooking, bro.
Not too long. See that?
All right, Tyler, bring up Tweet of the day.
Agree or disagree? Let's see what you got.
Did you? Oh, you already shared it with
me, but I think you shared it with me.
We talked a lot this morning. Oh, there you go.
I got it. It's the beanie tweet.
It's a beanie tweet this morning, lads.
All right, Tweet of the day. Agree or disagree or disagree or
agree to disagree. Beanie, Maxi Beanie, who tends
to listen to the show on anonymous mode.
I know you listen, Beanie, You should come up on stage now.
I heard you're uncanceled. What Frank did seems simple, but
there's more to it. You can spend all the money in
the world on fancy partnerships and product design, but to
really move the needle, you need excitement.
And he brought that with just a slight tweak in strategy,
potential NFT market turning point.
Tyler, explain to us what Frank did, maybe for the people who
missed out. And then let us know what you
think about that tweet. Yeah, So that the simple
explanation is that Frank just simply launched a telegram that
D Gods and youth holders could join.
It's called D Gods HQ. That simple act has been enough
to moon the price of the NFTS across chains.
Ethan Solana about 100% off the bottom in two days.
But where I agree with with Beanie is that I I don't think
it's that simple. And now so there's a chance
Frank has just been flying on the seat of his pants this this
whole time and made this decision and got lucky.
I think there's a chance that he's been doing this on purpose.
So he's got some Flack over the last quarter six months or
effectively just going into the mean point trenches and like
abandoning D gods. And then the reality is he found
some success in the trenches and a lot of folks want to be a part
of his Telegram alpha groups like the the the D there is, I'm
forgetting the name of it. They had an existing Telegram
group that you could request to join, has a lot of members in
it. And now they're leaning into
this for their NMT community. And I think that the idea here
is that like for an NMT product to be successful, it's not
coming back to the roots of it needs to be a community that
people want to join. You know, if you look at the
products that had the most success in the last year, I
think that is the hallmark, right?
Like we saw the ladies run to to five eighth and then all their,
you know, spin off projects because people want to be a part
of those groups. And now, like, if you think
about what's the path forward for the gods, a path where they
want to be in the trenches with with Frank, I think that's
compelling. You can get, you can get a
couple thousand people who who want to align to that, which is
really what you need. In A10 KPFP set.
So I like the move. I don't think it's as simple on
the surface. I think there's probably more of
a plan behind this. I'll give Frank the credit and I
like the move. Now will the rest of the market,
I think this is hard to replicate too.
It's not it's not that easy to do this.
So I don't know if this is going to be like the whole next meta.
Yeah, man, did you see what Frank did with this stuff, this
collection? He opened a Telegram group.
So basically what he did is he's turning it into like he's
turning it to more of the shit corn approach, right?
So open Italian group, it's only accessible for utes D gods and
that's it, right? So and then and then and then he
treats it as per market cap. I think it's really interesting.
I do agree that it won't work for any like doodles can't do
that. Cool cats can't do that, like
born apes can't just do that. But I do think it's interesting
the way he's he's he's approached it and is treating
him more like a meme corn because I mean he's been one of
the biggest advocates right now recently, him and TG about pump
fun and all that shit right? So, so so I think I think it's
an interesting approach. I.
Mean, I guess what I'm trying to say is it doesn't, it doesn't
strike me as overly revolutionary.
I get he's not. A lot at all, but it's smart
given like who he is and what he does right.
Yeah, I think he's moved. He's got criticism right for
which is kind of similar to us, but we didn't really get the
same sort of criticism of like we have.
Obviously NFCS are in a massive bear market.
You can work your ass off and like pudgy Penguins are down.
Whereas if you can shift your community and they can make
money on different products as well, I think he's tried to try
to do that as well. So I think the idea is that he's
gotten criticism and he's tried to make it more like a meme coin
because that's where the market is right now.
I don't. Have they got a coin?
I remember they had that coin right.
Do they? Dust, Dust.
The dust trade? Or is dust just I?
Think dust. Dust.
Was trading but I think that is far behind us.
I actually don't know what happened to DUST post migration
on ETH. The DUST protocol is up 70%.
Holy shit. I guess that was a good beta
trade over 24 hours. Yeah, that's it.
That's the one, right. DUST protocol that's up 70%.
That's not. Yeah, that's actually.
You know what? It's bad.
What's the trade if you were trying to buy a coin on the back
of fucking Frank doing this stuff?
I mean, don't buy a hero. It's it that's interesting that
that's actually. 5 million market cap?
Come on dude. That's I mean what do you buy
dust or D got right? Like you don't get access to the
telegram with dust. Yeah, I mean, if you want the
you want the access, you got to get the the NFT.
Yeah, it's a good it's good beta until they launch their own new
coin. Yeah, it's, it's, it's, it's
going to be interesting to, to, to follow this.
I, I like it. I like it.
I think, I think it fits Frank's, you know, fucking vibe
right now. I think that, you know, all
they're talking about is meme coins and stuff.
Especially like, you know, the Degas chats are where a lot of
people go to like find coins and like be in the trenches.
And he know, he, he knows his, he knows his, his crowd.
Like even said it like what if we had a group of Bros that were
doing coins all day? Oh, wait, like that's us, right.
So it's like who cares, right? Like it's he, he's like he's
embracing his community. Like you know how everyone
before was like, oh, Diego's like a Solana Bros like thing
and they used to always catch slack for like for fucking for
for that stuff like the parties being full of dudes and stuff
like who cares? Like that's his community, like
you know what I mean? It's like even.
I agree it's it's like I mean I even in the red guy discord
right half the chats are just meme coins that people put in
there and everyone's just aping them.
Exactly. Somebody criticized criticized
it for the idea that like moving the telegram.
And I know this having the telegram for Epic, it is a
different vibe for sure. Yeah.
Your telegram is crazy. It's.
Far more price focused I would say yes and it is it's past even
more difficult to keep hold of themes it's very much like right
this is what's going on right now he's.
He's making it simple, right? He is making it about price.
Like he's literally, he bought 10 of them.
He's like every $5 million market cap we put up, I'm
burning a Degon. It's like it's straight up about
price. Like when you think about it,
it's not stupid, but I think a lot of people are trying to
replicate that and they're just not going to see look, they're
making about price like what you're saying, you know, telling
us about price. Like they're making about price.
Every time there's a Degon buy, it goes there and then and then,
I don't know, I think it's smart.
I mean, if you caught on to that, you're already up what, 2
1/2 X? What was it at Tyler when he
started that 20 million? I think about two X wait, wait
till they start burning dust. Every time dust goes up five
million. Now we're now we're really
cooking. Yeah, I mean, it's interesting.
They're doing like a bunch of they're doing streams online
with Jakey and all these guys. Look, it's, it's like it, it
almost feels like he's going back to like what the roots were
originally without the fancy schmancy, like crazy promises
and whatnot, right? It's just a fucking boys chat.
It's like D gods for the boys. Send it, right?
Chewy's and fucking stuff like that.
I don't know. It's an interesting sign at
times, like if you launched a discord that would probably be
like a net negative. Oh sure, sure.
Discord is a cesspool of like, just, I don't know, you know?
Telegrams like Oh yeah. I have a much preferred.
Telegram. For communication, but it does
feel like stuff gets lost there sometimes like you need they
have moved to these like multi channel telegrams.
We should feel a little bit more like Discord and if you've seen
those like they're like super telegrams where?
Oh, you can make like folders and like the whole, I think
Reach had that. I, I forgot who it was.
I think it was the boys, Alana and and Harold.
They had the whole thing like really well organized on the
Telegram side. I think I think I remember I
think I remember what you're talking about yeah, Telegram is
great. I mean, I use Telegram quite
actively. So I mean everyday.
So I think it's great it's much better than discord, let me tell
you that. That's for sure.
It's much more active, I think for community.
So definitely like that. All right, well, look, we're
we're almost there on time. I know we didn't really get to
make a deep dive market report, but you know quickly, Amanda,
how you feel about the market. I guess it's, I know the
attention is not there, but you know.
Yeah, look, it feels like Solana is not.
It just has no chill it. Hit Tyler and then it hit.
It didn't. Hit 160 right now and the that's
48% like what? What is this line?
Oh it. Hit it hit we just.
Have to break even for 24 hours and you're going to give me two
to one odds, or I mean one to one odds like that?
That doesn't make any sense. I'm going to bet this as soon as
we get off the air. Let's go, Let's go.
Any what was this like? There was a jobs number this
morning that was something like it looks like what?
There's no more recession. We're good.
We're back. Just there was initial jobless
claims which is out of all the jobs figures, I would say is not
that important and it came out slightly better than expected.
So as we said, like I don't think the economy is going down
the toilet. The USGDP was 2.8% last quarter,
unemployment at 4.3%. It's not like it's horrific, but
I do think when we spoke about this on rec radio yesterday,
like CPI next week will be important.
It will be important for sure because if that comes in weak, I
think people will be will be bearish.
Yeah, you know, didn't you guys, I was listening.
I think you guys explained it well.
Like we've flipped now where like in in the past months
you've kind of been rooting for jobs to be bad.
Now that we hit like this recession level, we're actually
rooting for jobs to to be good again, if I interpreted that
correctly, which is more logical?
Yeah, exactly. Because I think rate cuts are
coming regardless. So now it's just like you don't
want stuff to go bad, like you just don't want the, you don't
want the economy to fall off a Cliff.
So now we just, we just want to set soft landing rate cuts are
definitely coming. That's just, that's just hope
that we don't see the economy materially weaken.
OK, Well then in that case, Sha la from your mouth to God's ears
and the market is going to be better.
I'm just going to go back to a Bajilla meetings and just having
the RTR chart open all day this. Is a wild stat.
Just real quick, Bitcoin is up 5% this month. 30 days after
this massive crash, it's up 5%. What about Solana?
Oh, this month? How much is all up this month
actually? It's up 7%.
Oh, that's one day. Sorry.
It's up 14% this month. Wow.
Crazy dude if Solana keeps pumping with theorem like
staying there like I think if your Maxis may lose their
fucking minds. And I I like both a lot.
I'm just saying the timeline seems to be very angry right now
at at at Solana at Ethereum, not performing this well.
But the thing with ether, I think you guys made a great porn
wreck radio yesterday with Wiz. You can just buy the memes like
the the the usual suspects, like I I my my only ETH exposure is
Mog a a Nero. I bought a little like nothing
like 50 grand worth of Nero the other day, but like like just
for a play. But I think the memes are so
much better like I'd rather own mog than than ether at this
stage. I mean MOG has been
outperforming theorem itself, so obviously, NFADYR you do you
been in MOG forever. It's like one of my favorite
coins I've ever owned in my life.
Also one of my best trades ever, but it's been great.
But anyways, with that with that with that we'll see y'all
tomorrow morning, 10:00 AM Eastern Standard Time for the
episode of four more hour on rug radio.
Let's.