Yo-yo, what up? What up?
Good morning. Good morning, GMG.
Moon. Bamber.
Yeah, it is the Moon Bamber. What comes up in Moon Bamber?
Is it Moo Samber? We're going to have to find a
better one for this October, Moon Van Bur.
I'll figure it out for y'all. Twenty 12th, 6th.
Oh shit. It was my friend's birthday.
I said I should probably wish him happy birthday.
Damn it. I know that because I have a
friend on 25th on his 27th. I always do it on the 26th for
both of them. You'll get out of the way
anyways. November 26th, 2024.
Four, four, AKA six days until I see you, Griffin.
I see you down there. I know you didn't look at that.
Another beautiful day to have a beautiful day.
I got my Co host in the house. They're both AI sentients
apparently as well. Tyler Mando, good morning.
How you guys doing today? Great.
How are you? Fantastic, fantastic.
It's it's we're in the period of the year where there's no sun.
Look at this boom. I live in like Antarctica, bro.
It's, you know, it's like it's going to be like 16 hour dark
days now, you know, I mean, anyway, I'm great though.
I'm great. Life is good.
I'm back from Vegas. I've been getting 10 hours of
sleep every night and I still can't get out of bed because
that shit fucked me up. But when I'm alive down bad, but
never dead. Isn't that the wrecked red guy,
red guy, red guy anthem or outside the the the punchline.
There we go. Tyler, good morning.
How you doing today? I'm good, we had some red on the
board. Looks like we're flipping green
a bit this morning. You'd love to see that.
Some of the some of the memes are looking strong this morning
as well, so I'm feeling good. Let me tell you, my bags are
strong, that's for sure. No, the bags are good.
It's true. We had quite some red yesterday,
could get some more red today. We'll see.
But we didn't dump right on U.S. Open.
So we're looking OK. We're looking, we're looking OK.
And I'm sure we'll talk about that as we'll go.
Market report today as usual, let's talk about the market
Tyler's top well, today is like Tyler's top ten.
We're back to Tyler's top 10, not 1000, not 10,000, not
100,000. Tyler has gone downgrade all the
way back to top 10 for 10. But it's OK because I got some
spicy takes for y'all and I want to get a conversation going
about the whole AI stuff OK, we, we were just like the whole chat
was having a conversation yeah Logan, Sims, fucking Bernie and
us 3 all go ahead from our chat. So we we got a little cover for
y'all today let's see I have some questions following mando's
appearance on the largest stream on the planet on three guys
twitch yesterday night. I listened to the whole thing
see, I even know I even know you were bugged at first couldn't
join from your computer. So see I was really there and
then and then Tyler so with your topics and last but not least
robit robit robit robit today is Tuesday, which means robit loot
box Ben, who wants to make some money over here?
Well, if you want to make some money, make sure that you do the
little thingy thingies that we always do raffle ball that XYZ.
There's going to be a code. You're going to have to retweet
something. I have a feeling you'll have to
retweet the the rug radio announcement from yesterday.
We'll see. I don't know what the code is,
but we'll see what the code is. And the last but not least, this
show is powered by powered by I got I got to work on.
I can't really don't like by heart yet.
God damn it, dude, that's crazy. I was really good at school and
memorizing stuff, but I don't I guess that's probably the weed.
Anyways, with seamless built in monetization tools, Galaxies
enables development of sustainable long term
communities, fulfilling Bitcoin's vision of
decentralized freedom and independence from centralized
control. Bitcoin, by the way, which was
created by Jack Dorsey apparently.
I'm sure we'll talk about that today, but ironic when I was
wearing Satoshi shirt anyways. Anyways, anyways, without
further ado, Mando take us to the market.
Can you dig it? Yeah, So we did have a little
bit of a wobble. It feels like Bitcoin hit as low
as like 91 1/2 K and then has since bounced.
We're back up to like 93 K area. But it definitely caused some
damage on the way down. A lot of things dropped a decent
amount. I would say the majority of the
meme coin market, main meme core market is down about 40% I think
over the last over the last week or so maybe maybe in slightly
more in some spots. So not been not been the best
market I think for a bunch of different memes.
The one exception there is is chill guy, which is just
seemingly going for an all time high every single day at the
moment. I don't know title, probably
mention that in terms of his stuff, but yeah, that that's
like been the one big outlier. We are.
There was nothing in macro yesterday that caused us to
dump. Stocks were kind of fine.
A few futures are flat. I think the Dow closed their
records. So like, it's absolutely fine.
There was some talk about from Trump.
He decided to detail out some of his plans for his first days in
office around tariffs. Yeah, I think people obviously
will, will point towards inflation, that sort of stuff.
But again, not, not not enough to like freak people out overly.
And we have we have fed minutes and inflation dated this week,
but it's going to be a quiet week because of because of
Thanksgiving. Obviously the rally was was that
top like it takes to four months time and it again.
And I think since then it's slightly underperformed even it
looks like. So it does feel like Bitcoin
dominance has gone back up to 59% here.
Classic. Which is weird because like it's
annoying when bitcoins rally and nothing else is rallying or like
everything else is flat but when ETH rallies everything else
dumps so dominant as much as I like.
That was marked safe from the ETH pump, so that's a safe haven
for now. Yeah, for now.
There was, in terms of adoption, a few countries seem like the
Morocco said. Looks like it's going to make
crypto legal. Really, Sir Anam said that
they're going to yeah, which is should go there.
Yeah, it looks a bunch of different bases are going to be
kind of foaming now. At least the UK looks like it's
going to deliver a more comprehensive crypto regulation.
It's at around stable coins. But yeah, the other stuff was
more around like some of the other ETFs that are coming.
So you've obviously got you've got a XRP, Solana, Litecoin, H
bar, all these like random ETFs coming.
Bloomberg said yesterday. It's going to take towards the
end of next year. So it won't just be an easy push
through. So maybe those stories take a
little bit longer. But yeah, I think, I think
that's it. It's, it was a quite a day.
Everything's I'll be going lower.
And I think everyone just looked away from the screens.
Definitely looked away from the screens last few days and feels
great. It's it's look away from the
screen season or just for me, it's like double down on your
actual like positions like you have conviction in season.
So so so it's it's it's definitely that season.
What else do we have? So top top gainers phantom say
Betensor Tao. Wow, so that's just so it's just
all the alt coins. Like it was all like mostly alt
coins that that were the top loser gainers and obviously on
the top losers was mostly on the on the on the meme side.
You can't really see them here, but on deck Screener is a very
very red day across across multiple stuff.
Just a quick thing. It seems like stream yard having
an issue on YouTube. So it's not on our end unless
Sims is in on it trying to win the nude box spins.
Sorry y'all actually. YouTube's having an issue at the
moment. YouTube's down.
So it's actually on YouTube side from the from the from the
streaming platform side. All right, well, YouTube is down
from streaming platform side, so you can watch on video, though
on on X. I'm about to post a broadcast.
I think it's already live on Mandos and a few of the other
accounts. So come check us out anyway.
So that's that's really it on the market side.
Mando Ethos 3337 Bitcoin $93,000 Wow, terrible, terrible dump you
on Bitcoin man up from $69,000 like 2 weeks ago.
Jesus Christ, it's over. Solana 231.
Can you believe it? Oh my God, Solana is hanging out
like, you know, market cap all time high.
It's over y'all. And that's about on the market
side. No, no need to to go too much
about it because there's not much going on.
Tyler, Tyler, Tyler, Tyler, Let's see what you got for us
today. Tyler D on FOMO our cause the
kid. Can't.
Yeah, our top story for the day was Bitcoin falling in 92,000
and taking down alts and memes with it.
But some other headlines. The UK is planning to officially
regulate crypto in 2026. We saw Rumble announced plans to
invest up to $20 million in Bitcoin following micro
strategy. Justin Sun has apparently
invested $30 million in Trump's World Liberty Fi protocol, so
he's a top investor there. Meanwhile, CZ Binance calling
memes weird and encouraging builders to focus on real
applications in the post Overnight, AXI Infinity
developer Sky Mavis has announced a new game amid some
company layoffs, and Avalanche is offering another $40 million
in retroactive grants for developers on its L ones And
token AirDrop and protocol news. Jupiter has a $1.5 billion
Jupyware AirDrop. Vote up to vote for all of his
Juke holders. So I recommend any Juke token
holders go check that one out. Phantom big news here.
They added base support for the wallet, allowing users to do
token swaps from base to Solana by ETH and USTC directly on base
and more Pump fun they finally did.
They took down live streaming after escalating complaints and
concerns arose over the weekend. Clanker over on base saw its
revenue soar past $5,000,000 as the new AI Agent slash pump Fun
competitor on Warp Cast continues to grow.
Etherfund saw that, and then they announced their own
expansion to base from mainnet ETH.
So there's a lot of meme coin launchpads coming over on base
right now. And then Movement Labs announced
tokenomics for its Move token tied to their L1 in broader
crypto and web and meme and NFT news, meme coin majors read on
the day down about 10%, chill guy outperforming up top at
five, 520 million. We saw UBCATH and then the
sticker $1.00 were big big runners on the day.
I think mid tier memes fell more in the 10 to 20% range.
Biggest winners on the day though, besides the ones I
mentioned already were from the Virtuals AI agent board over on
base. AIXBT up 80%, St. up 80%, Vader
up 150%. Notably just a few days after
Binance covered that virtual protocol in their AI crypto
research report. So some big winners over there.
Wow, lots of stuff happening on that front Tyler, looks like we,
we jinxed it. You know, we're saying the board
looks green so far. It's not looking so green
anymore anyways, our, our, our, you know, our coins are speed
running to a total $92,000. It's over anyways, Tyler.
All right, so let's let's start from the start.
I mean, I, I like the headline that both remainders seem to be
sharing here, which is that Morocco, the UK, the rumble news
that's on our country obviously, but that's positive momentum
around Bitcoin here. So it looks like crypto is the
adoption of knock with Bitcoin general keeps moving forward.
Yeah, that that seems to be the case then just set up for a
landmark year in 2025. I will say I think we're seeing
some escalating concerns around sailor and is he becoming key
man risk for Bitcoin. I think Coral Bob notable
personality from like the sports betting space.
He shared some concerns on his ex yesterday.
He basically said that he thinks it's going that this is the
Black Swan risk and it will be obvious in hindsight.
First person to say this by any means, but I feel like these
calls are getting a little bit louder.
Well, that's the tweet that started it, all, right?
And then of course, Jason Calacanis had to double down
because this guy's so cringe. I can't.
He's like, I've been holding bitcoins.
It's $100. But I agree, he probably owns
like .02 Bitcoin. Anyways, Harold Bob said at some
point the next unexpected BTC implosion will likely be tied to
micro strategy. No idea yeah how or when and
it's likely a few years away, but it's highly probable to
happen and when it does it will exceedingly be obvious in
hindsight. He followed it up of course
with. And then when the dust settles,
that's always the two that nobody saw, right?
And then when the dust settles, BC will rebound again like it
always has. I'm I'm curious to take mine
though on this. I, I, I think that it's actually
valid this time. Like I think if he's big enough,
like if, if, if I said to you, hey Faroque, I'm going to borrow
$42 billion and I'm going to buy Bitcoin, you'd probably be like,
yeah, there's probably some risk in that.
You know, like he's buying way up, right?
He's buying big bags of the way up.
Like he remember he has a liquidation price.
His liquidation price is very low even during the bear, right?
Maybe when we went down to we nearly.
Tapped it, yeah. I don't know.
He's obviously with each successive purchase, he's
bringing up that liquidation price essentially.
And I don't know, but there's a chance that Bitcoin drops 80% on
something, right? And then that does become a
pretty, pretty big deal. Yeah, look at this quote tweet.
Tyler Far Coin fixes this. Until we get the MicroStrategy
of Fart coin, which is probably coming in late 2025, yeah.
Yeah, I mean Agent Chad, right. Like the the the folks that you
know, tend to follow seem to agree as well.
Like sure. But for now, we respect the
pomp. I mean, how long do you think?
I mean, Beanie seemed to comment under his stuff saying, you
know, that it's it's probably going to happen sooner than we
think. Look, everyone's saying this.
So basically for this to play out, we we need him to continue
to buy big on, on leverage, drive up his average price
pretty significantly higher and then a huge crash to happen and
then him not be able to cover the debt as I understand it.
Yeah, a lot. Of people seem to be like it
seems to everybody agrees with with what he's saying.
So I don't know, I don't know where he's getting that yield
from and I don't really understand this high level
stuff, to be honest, but it is crazy right?
Keeps buying. He bought 55,000 Bitcoin 100K.
So so it's it is it is definitely, I guess, a a risk.
What's the what so still on Bitcoin?
What's the Morocco news? I thought it was interesting.
I didn't I missed that one. I didn't see any of that.
So Morocco, MM Hmm. I think they basically just said
that that everyone's using it anyway, so we're going to make
it legal. They were like like an existence
that they couldn't do anything about it so.
That's nice. Morocco and OK.
Nice. I've never been.
He has been to Morocco before. I always wanted to visit.
No, no, Yeah, it's a beautiful. Place I have a friend.
Actually I ran into him and he moved back from here back to
Morocco to help the government with the crypto stuff.
So I guess he wasn't kidding when he told me that two years
ago. Yeah, a friend of.
Mine very good friend of mine, I'm going to hit him up.
He's been helping MCS more. I'm at six the cream he was
saying and on the blockchain side of things, he was trying to
bring 5 to Morocco last cycle to like come and help out and I was
like, Nah, he's serious. Habib habibi.
Farooq. Farooq habibi.
Oh my God, they have some good hash over there.
Let me tell you that. That's all it takes for me.
You got dude, I'll go to Morocco.
Smoke that oil, baby. That's just like, you know, like
play DoH. Anyways, Tyler.
Anyways, sorry guys. Tyler.
Tyler, what? What else do you got for us
today? I think so.
There's growing chatter about a base season taking place again,
we've been here before, right? I think the phantom news is
fairly noteworthy and it comes at an interesting time where
the, I mean, I was looking at the pump fund metrics this
morning like they're just through the roof, 50 to 70,000
token launches per day. I do feel like there is perhaps
some temporary exhaustion just like massive dilution issues,
trenches a little bit cooked out.
It actually feels like perhaps opening the door up for an
environment with smaller volume and smaller velocity could be
interesting. Plus you know that the ETH crowd
desperate for a win right now we've got the bankless guys
touting 700K micro. Cut that.
Was crazy. So the ships are kind of falling
in place right now. We we've got clanker doing
really well over there. That's a new launchpad for
tokens. It's AI based and it's on warp
cast. I've I've seen mixed reviews
about it, but it it certainly has caught some, some headlines.
But I think that the bigger action that perhaps is a little
bit more durable is the is virtuals and some yeah, agent
success. I feel.
I think, you know, Amanda, you kind of mentioned like zero bro.
And who who is the next, who's the next one up?
AIXPT might be the next man up in like the hot AI agent space.
I've seen a lot of chatter around folks who really like
that that bot, it does analysis. I think it's one of the 1st
through like analysis bots we've seen that really caught steam.
So it's it's just tweeting all day, you know, making calls,
predictions and analyzing everything from alts to to
memes. For those who may not be
familiar with it, like this bot does hallucinate as well.
So like I I wouldn't just take its analysis on the surface.
Like if you're about to make an investment decision on it, maybe
double check it. But it's definitely cost some
steam in the token 80 million yesterday, which kind of puts it
in the the upper tier of the AI tokens straight.
Not to own virtual though. Virtual is just just 700
million, like isn't. 700 million.
Wow. I was going to ask like, isn't
that the play? Like I also want to talk to you
guys about this, like earlier today when we were talking about
GOAT in the eye in the chat, but isn't that the real platform for
all these things at this stage or the main one?
It depends. It depends.
Like they're they're all doing different things.
So like how they're all set up, you have on base, you have
virtuals, which is you need virtual launch it one of these
tokens and and so you're basically uses the currency for
the marketplace for AI16Z, they have a like a GitHub framework,
right, called Eliza, and for projects are asked to donate 10%
of their project to the Dow. It's not written in the code,
they just they're asked to. And then I think there's one
more where it's more on chain like you actually get tokens are
actually used to directly buy, buy and burn some of the token.
And then you have zero bro, which is looking to build its
own framework called 0 Pay, I think.
And that may come out, but it's like, and then even yesterday
there was some headlines from Andy like linking up with two
other AI researchers and they might do a platform.
Like a lot of these people are like, this is how code, this is
how these guys are coders, right?
So they're, they're building, they're all trying to build
something here. So I think they're all going to
go down the platform route, if I'm honest, every single one of
them. So if they all go to platform
route, what does that mean for the all of them if everyone does
the same thing? I actually think you're going to
see a lot of the same thing here.
Like the reason why is a lot of this is open source, like a lot
of this is open source. And so when one person does
something, they often, it's often very easy for it to be
done by anyone else. Like TikTok functionality, All
of them are now going to go on TikTok because one of them has
done it. All of them are going to produce
a they're going to start producing videos, images.
Remember, remember when Truth Turnbull did that?
And then now they all do that. And now one of them made a rap
album. Now they're all going to make an
album and one of them made a film.
Now they're all going to make a film.
Like it's going to be a bit like that with these.
I don't think there's anything wrong with that.
I'm just trying to tell you that like the way this film is, is is
is open source generally. So people, people piggyback off
each other a lot. I've got two thoughts on that.
So one, I, I think when new tokens are coming out and
launching and building steam, it is a nice catalyst because you,
you're, you have these builders and you have the, they're
executing these Rd. maps quickly.
So like you're seeing daily updates and big daily updates
can spike that the tokens. In fact, we saw that with like
the Vader agent actually is up 150% because they announced like
5, they hired a team of six. So like they're, they're
building up quite a bit over there.
But I think the higher these tokens go, it, it becomes more
and more risky like what, what they're actually building and
putting out. And if they're just building the
same platform launchpad for agents that we've already have 7
copies of, it starts to kind of raise the question like are they
overvalued for like the for what products they're offering?
So I think it's it's bullish early and then it becomes more
bearish as the tokens mature like that's that's my current
take on the hundreds. Yeah, I think that's the right
take. I think.
I think the issue with investing in these tokens is they become
very difficult to to underwrite certain because they are a lot
of them are utility based and they're utility based at the
bleeding edge, like actually at the bleeding edge of tech like
these guys are, are some of the smartest people, right?
We had this big drain, brain drain from pretty much every
major sector, which all went to AI and now suddenly they come
back into crypto and they all want to build like the most
crazy shit possible. So and often they're all
building it on top of each other, right, like with each
other's help. So if a coin gets to a certain
level and it's just an AI agent, like it's so easy for somebody
else to come and say, hey, look at my one, this one does this.
And that's where it breaks down. You're going to have a, the
other thing to, to put into perspective here is I think
you're going to have so many of these agents, like we are
talking factors higher. They're going to be like the
meme coins, right? We're going to have 10,000.
In two point O. Like we're going to have 10,000
a day, which makes which makes it again much more difficult to
to discern value. So for someone who's getting so
let's just go there right. So for someone who's getting
involved like I, I, I guess like how many of you in the audience
have AI coins like give me thumbs up and thumbs down if you
got AI or coins yeah about double thumbs up.
If you don't have any, you have no idea where to start.
Just thumbs me down here. OK, just quick thumbs up.
And by the way, the code today is agents Bo rafflebot dot XYZ,
rafflebot dot XYZ. Y'all know how to spell raffle
and bot and especially dot XYZ and go put the code agents
AGENTS and and put it in the chat.
Also, like if you're on the broadcast, go on our accounts.
We all post our broadcast. Mando Tyler and I go comment.
Let me know what you're buying. All right, let me know what
you're buying it thumbs up, thumbs up.
So what do you start? Like I'm at this point and
that's why I was saying the guys before the show where I just I'm
starting to really lose a lot of belief in a lot of that for the
reason that it's all starting to sound very mid curve to me.
Now. Listen to Mando last night on T
GS thread podcast. Obviously goat is the only one I
own. I made a tweet yesterday about
my my top bags, which in retrospect, I guess it shouldn't
have because I make a lot of people mad for not having their
coin, but whatever. But that's just my bags.
Doesn't mean yours won't go up. But like so I bought goat for
the reason that I don't really have time patience to read
philosophical threads about AI or watch million hours of
stream. And also my goat is Mando.
He's my he's my goat and so I buy what he says, even though he
tells me NFAI still do it and sometimes I go a little too hard
and then he's like, why did you do that?
But anyways, point me, I buy gold because I see Nachi, I see
pawn Lord, I see Mando, I see some very like people I believe
to be smart money follow that. So I go there.
But like I wish I bought 0 early, but here it's tough for
me to buy fartcoin. Tyler knows I love because it
makes sense to me because it's so redacted, right, But the
whole like AI thing is starting to really fill my curve to me
guys, like I know I spoke about it yesterday, but I thought
about it even more and I even have to listen to you yesterday,
Mando. I still I'm not sold like I'm
like I I'm like really starting to think that I saw a lot of
it's starting to sound really like a big rift, which is why I
like my chug eye or my meme coins on the left curve because
just just meme coins. At least we're being honest.
There's no thesis behind it. I'm buying it because it's
stupid, because it's viral on TikTok.
You know what I mean? What do you think?
Like is this all starting to sound a little too mid curve to
you? I think the the term left curve
because right curve right, like it really came into being in the
last two years. Like when, when I first came
into crypto about a year, 4 years ago and you started buying
NFTS, NFTS with some form of utility were actually seen as
the left curve play, right? Because everyone else is buying
altcoins. Everyone was buying utility
altcoins and they were like, I can't believe you're buying a
monkey JPEG that's giving you access, like giving you all this
stuff. Like that was the left curve
play of the and everyone, because everyone thought that
like they were so dumb, right that they that that they were
left curve and and you should be buying my defiles was the mid
curve play of that cycle. And during the course of this
bear market, we actually we shifted way more to the left,
like take the shop and go all the way over there.
OK. And so it's.
So true. It's so true.
Point where NFTS are not even seen as left curve, right NFTS.
Mid Carolina. And we went.
Boom. And what we're seeing with these
AI coins is a return to some of this.
It's. Vague future utility that's all
I would say and that reminds me a lot of altcoins from 2021
altcoins of 21 and some some some NFTS as well, which were
like utility based NFTS like which all which all breaks down.
I think, I think it's, it's, it's bound to break down, but #1
the supply, the incentives of the people coming in are, are
definitely not aligned. Even if they are short term,
they won't be long term. And I think, and I think that
there's no, there's no need for any of these tokens.
Like there's actually just no, why, why are you using any of
the tokens? That being said, I do think that
this space can go a lot higher. In the same way that gaming went
really high, NFCS went really high.
They have. To make sense for pro gaming
tokens for them, for trillions yeah, bajillions like.
It's more just like when normies come in, they actually want to
think they are investors as well as a there's the dumb money
right that want to spend like money on me, but.
What would they buy AI? What would they buy AI over the
mid curse of the gaming again? I think a massive trend that
people feel like they need to have exposure to and they the
only way they've been out to do it is by Megatech.
What do you think? Yeah, what do you?
Think Tyler, what's your take on this?
These cool things are are being built in the green.
Like I have not been following the broader AI sector
comprehensively, but in the past few months at the intersection
of AI and crypto. Now we've got AI dowels, we have
AI agent launch pads, we have AI creators taking over portions of
CT in our building followings, like pretty active and and large
followings. We've got AI just dropping music
albums like, and a lot of it is flaw for or vaporware, But I
mean, it's a it's a pretty big trend and now there's more and
more builders coming into the space.
Like I think if you're bullish on crypto adoption like this
feels like the the most interesting sector of crypto to
me right now. I agree with that.
I actually think don't fade crypto meet AI.
That's what I don't think you should fade.
I think the coins themselves are the things that might not
happen. That's.
Like a goat. It's my whole thesis.
It's like crypto meet AI and some of the smartest people are
in it. That's my entire thesis.
There's no other thesis behind that.
Yeah, exactly. In the same way that like crypto
will be the will be the rails in which AI can do stuff that is
100% going to be the case, like like 100% and that they will be
used increasingly for cryptos functions.
That is 100% going to be the case.
I think we're going to get hundreds of millions of them,
but this early, everyone's like, I believe in that, but I don't
know how to how to benefit from it.
And so you get these like, I wouldn't say they're like
explicit Grifs, but they're just, we don't know what the
future is going to be like as AI agents come into crypto.
Therefore, we're going to experiment with different forms
of like how you can benefit from that.
And I think a lot of that is just grey area.
But in, in six months we'll be like, Oh yeah, like actually
that never was going to catch on with it.
But it's kind of I, I, I don't want to describe it, but I
don't, I think it can it in the in the interim period.
I also think that this stuff will, it's already attracting
more people are coming on to look at AI than they are meme
coins. They're actually like, you can
see that from crypto mine like, and that's from KOLS.
Like KOLS are actually mentioning AI more than they're
mentioning meme coins. That's kind of wild.
And then like looking at the market cap, you just pull up the
board briefly, like the entire entire Solana AI meme sector, is
that like 3 billion roughly? 1st, I agree.
Yeah, this is very low. It's too low.
That pays 3X bigger than if you add the base eco's worth about a
billion, with virtuals making up 70% of that.
So virtual. 'S not in there right?
In the in this this is. Just a lot, huh?
That feels low. I don't know.
Yeah, I guess I don't know. 3X from here.
I saw the whole AI16Z thing. He didn't sit right with me
either. I saw this morning Shaw's post
just had a call with x.com head of creators.
Reminded me of when Cool man's was like a called Disney.
Doesn't mean he didn't have the call, but like I could, I could
start tweeting about all the calls I have with fucking fat
people up there and then what, you guys going to probably rug
radio NF TS like you know what I mean?
I don't know. She's just like, like I have a
call with someone like that every day, you know?
I thought, yeah, I don't know, Like, I don't mean to.
I don't know. It just doesn't sit right with
me the whole thing yet. And also didn't sit right with
me. All the philosophical threads
about how this is going to be the game changer and how I
should put all my money in it. But maybe I'm the one now that's
on the wrong side of it. The philosophical stuff.
I, I, I don't, I think a lot of people get very philosophical
with, with, with crypto. So with, with AI, right, because
they see as this profound technology that's going to
change everything. And people can extrapolate to
just like crazy levels very, very quickly.
But it's like, you know, in three years time, we're all
going to be, you know, servants to robots like that sort of
stuff. And they can really go for it.
And there's a lot of talk about age I coming in 2026 and Elon
even said that, But I think cut the, the philosophy, right,
Forget what you'd like. Just look at what is capturing
Mindshare and our new users coming in and at this pit of the
cycle. I think a lot of news are coming
in and I think they will they'll get involved in this stuff.
I don't think this was about AI memes, genuinely.
I think this is about what's happening.
I was going to say, do you guys think that CZ would like AI
memes? Because if I'm reading this, I'm
like, damn, he may actually like it.
What do you think, Tyler? Because he says I'm not against
memes, but meme coins are getting a little weird.
Now let's build real applications using blockchain.
See, that's that could be a bull case for us.
Like, hey, like some AI folks are actually trying to build
something different in the meme space.
That's exactly what. I was saying like we were like
we've been. We said the entire bear market
pounding our fists on the table and no cool apps are being built
and now we have cool apps. Yeah.
So I was going to say like maybe that's the the counter, the
opposite, the counter to what I'm saying.
This could be this. It's like, hey, tired of the
left curve, left, left, left, left left curve.
We saw what happened on Pom Pom last weekend.
Type plays fatigue, followed by, hey, this is actually
interesting. It's at the cusp and the helm of
like the intersection of Krypton AI, which in the bear market, I
kept telling people and actually, I mean, remember
speaking at Louis Vuitton for one of the events and I told
people to stop pivoting to AI actually because I thought it
was nothing interesting there. It's just a tool that because
like everyone's like, oh, AI is going to change the world.
Like, dude, like we've been using AI decrypt forever, bro.
Like it's not special. Like yeah, like it's great.
Like AI is like a, it's not a crush, but it's like a thing
that helps you like do your thing better.
I mean, you use AIA lot man, though, right?
Like Tyler, you use AI. I'm sure like AI is great to
help you do things, but it's not like to me, it's not like like,
yeah, it's like it's helping. But now crypto and AI, because
crypto to me is the big innovation in humanity.
Blockchain technology is why I'm, you know, I literally in it
for the tech like, you know what I mean?
But AI is just, it was never like the, the, the appealing
thing for me. Like I don't see myself going
quitting blockchain building business in AI only, but I would
build a business in interception AI in crypto.
Think about what happened with gaming, right?
Let's actually let's actually go through gaming gaming have this
monument and let's say metaverse as well.
You have this monumental run up of right, everyone's going to
come and play our games, we're changing the world, all that
sort of stuff and those coins all went really high, right,
8.25 billion actually went to 40 sand.
I think this was multiple. I don't know it was above 10,
but like definitely nearer about that.
But we're talking about the central language had like three
people in it was was multiple billions like insane, right,
absolutely insane. At the time, everyone was like,
you know, this is going to change the world.
And then and then it went through this, this complete
deflation when that realized that that either the even if
people were to come, that it wasn't going to cause the coin
to be valuable. And then because because there
was no real use case for it. And then it's kind of had a
little bit more of a resurgence recently.
Like even gaming, you see the popular gaming, the the number
one gaming meme, the cycle has been that super coin, which is
kind of similar to Epic. It's like it's, it's more
resting on a community based like memetic style than than
anything else. I think that's what will happen
with AI here. I think people will realise that
like, yes, you can be super bullish on this.
You can even be super bullish on it, like people coming in and
doing stuff with it in crypto. But the end of the day, the only
thing that will probably hold value will be the memes.
It'll be it'll be the stuff that isn't about utility.
Yeah, that's my, that's my tip. I like it so.
So circling back to, I think that's great.
My answer is slightly different. So I think your opening question
was, you know, someone coming into this sector, like how do
you think about approaching it or or perhaps buying in?
I think other than just buying the pure memes, I think buying
the leaders in each of the sectors and like go to leader in
the meme sector, you've got AI16Z kind of leader hybrid Dow
hybrid tech with Eliza their tech putting sentiment on Shaw's
side. Like the Eliza tech is is
seemingly the the front runner. Yeah, it's going far on GitHub,
right? Like Mando, you were talking
about it like it's. It seems to be picking up.
Thing right now, like in AI, not just in crypto, right?
AAI researchers are like this is the number one thing that
they're looking for. Just type in Eliza GitHub.
Just type not the coin. The coin is just.
That's bullshit bit of it. This is what I mean.
Type in Eliza. But that's enough to ruin a
narrative. And to be specific I was talking
about AI16Z is the play, not Eliza because interesting the
Eliza thing narrative is now So what am?
I looking at here there's I don't hey.
Google you'll it must say like, oh, it's definitely trending.
This is like the number one. It's.
Here, it's the first one, yeah, yeah.
So so that and then zero bro is the number one agent.
So like that goes to #1 meme Zero Bro is the number one
agent. AI16Z you've got Eliza tech,
leading tech. I think virtual is probably in
there as well. I think virtual has less of a
Moat right now, but that's that's the way to think about
this I think. Yeah, it's, it's going to be
interesting to see the developments of this definitely.
Like look, if we're talking about it so much and it takes
over like 20 minutes of a 60 minute show, it does mean
something, right? Like it, it does, I think it
does mean something. It's not like we're trying to
push narrative either. Like you know, Tyler, you're big
on far coin, Mando, you're big on goat.
And for me, like, and for me, like I, I just only had bucko in
my I made a list of this morning to the boys of why bucko and the
number one was Mando owns .8%. So I just ate 1000 sold into it
and I was like, OK, well, if Mendo has pointed percent, it's
my goat. So if my goat has goat, I'm
buying goat. You know, see, let's see, I, I'm
on the left curve, left side of the bell curve, Mando when it
comes to these things, right, because I operate on the right
side of the bell curve every day with my business.
So I got to invest on the left side.
Say, if I was to straw man again, like what I thought about
it was just that we may be seeing a shift back.
You know, I said we shifted that bell bell curve shifted way
left. Yes, because of what's happening
with regulation and the SEC and what people are will be allowed
to do with coins, we may actually see a shift back to the
centre. And in that shift some of this
mid curve stuff actually might be more left curve.
I don't know how to describe it, but what's the?
Conversation right like left becomes mid becomes right
becomes left become music. It's like a it feels like that
right. So if.
You think if you're saying because far coin is very similar
to go, I would say that's like the fully left right That may be
too left for like left of of center and and and and you may
see stuff which is like more like a zero bro, which is not
really a meme but could be considered left curve pretty.
Shift posting right Pretty. Well, too, like what I'm trying
to say is I think everything can go a lot higher in that in that
space. And I we may be seeing a shift
slightly back towards the centre of of the bell curve, I think,
yeah. I think so too.
Yeah. But but for Speaking of left
curve, do we do we even talk about chill guy for a couple
minutes? We.
Definitely can just something that came up to me.
I had to tweet it's like CT is shifting so left on the bath
curve that may go woke. I just tweeted that out.
That is a beggar. I don't know I've all in one
these days. I've all one yes let's
definitely talk about chill guy. Obviously, Full disclosure, I
think all of us have bags at this stage pretty significant.
So I think it's good. But anyways, I I tweeted about
that in my bag so I had nothing to hide here.
I put this tweet out yeah. So let me tell you one thing
about chill guy. The engagement.
You want engagement on Twitter right now Yeah.
You want to farm Elon's payday every other Friday Tweet about
chill guy might take care of Tyler that I'm going to go to
you was that two for another run.
I'm not only one parabolic. So maybe I did not use the right
term. I'm sorry for that, but it's
like hundreds of millions of volumes every day.
It's got over a billion dollars volume in seven days, 8 days
phantom OK, X came out yesterday both I'm saying that's the top
asset on both wallets and I'm pretty sure it's by far the meme
is being shot everywhere. I mean Mr. Beast last night was
saying is the what did he say he called it the biggest meme of
our lifetime. OK, I think he knows a thing or
two. And by the way, he was AF12
130,000 hotels last night. I think it's 132 K now.
And if if it's that's the onboarding of the cycle, then
we're in for a good one. What do you think Tyler?
Because this thing is like just non-stop.
Yeah, I think it's time to to disable the sell button in the
NFA. You, you laid out the the bull
case I think pretty well. It's my.
Bull case and I put my money where my mouth is right so.
It had the shakeout, maybe a couple shakeouts, big ones.
I can't argue like how viral this meme still is.
Does that link I sent to you work for it?
I'm sorry, I didn't see trans. Does it?
Yeah. Whoa.
Holy moly. God.
Yeah. That that thing killed Mudeng,
huh? I need to see it, but it
doesn't. Think it killed these ones, but
it just puts you, it puts a little bit of perspective to
this conversation. So it's 5X the virality of
peanut event peak. Is that kind of how I'm
interpreting this chart? 4X yeah, yeah.
Yeah, look, Peanut peak was like the election.
So that was like, when was the election again?
November 5th. So the peak of peanut was like.
There it is. 22 was the peak OK and the peak for chill guys. 100
like you can't even go higher than 100 or else I probably
would. Yeah.
I. I did this a lot last week when
I was going big. And this is what made me think,
hey, like, because it's very difficult to tell on X, right?
Because if you told me what's the biggest meme, I would
probably say like Moodang or or or peanut during that brief
period. And you don't really get a sense
of scale unless you do these sort of things.
So it does make me think that this is actually a way bigger
meme than both. Even though you know you can be
bullet for another means, I do think this one's actually gone
way more mainstream than others. That is actually insane.
It's five times peanut, peanut tread.
I mean, I mean, Tyler, what do you make of this?
It's actually pretty well. Let me pull up the chart here.
Oh, my God. Yeah.
It's it's climbing now and I think we're finally starting to
see that the price action perhaps we expected to come, you
know, late last week into the weekend.
This is all happening on a red day for, for, for majors.
You showed us the chill Solana chart, the chill versus soul
chart earlier. It looks even better than this.
So it's strong. I think Mando's brought us this
rule for the bull market. Do not forget the rule.
Keep tapping the sign like you want to, you want to be in the
alpha place. Like I don't even think we have
chill guy beta. Check this out.
This is chill. I've been.
Trying to find betas. I don't think I have one well
there. Is the the chill guy beta was
all of the like TikTok trends? This is chill soul by the way,
this treatise. Name. 1:00 Well, it was like,
well, I, I I'm not because also I decided not to buy any betas
for this one because I think this main 1 is too much of an
alpha because usually it's like, OK, like you had peanut yet Fred
right. So that was beta because both
animals are together in the same house.
But like I it's tough. Like what do you buy?
Like suitcase? What do you buy like?
Right, yeah, what what I will say we we got to talk about this
dollar coin for for a minute here Disclosure, I own some
second disclosure. I don't know if this is like a a
scam pump or a real pump. This $1.00 token, it's amassed
33,000 holders in the last day and a half of which like the
whole tag line, is just buy $1.00 worth of this coin.
I don't know if they started out by dusting walls or not because
about 10,000 walls or so hold less than $10.00.
So either it was a dusting or it was people who were just
literally buying $1.00's worth. But it's exploding.
I can't find the right one. I don't want to share my screen
that's why it's can't. What's the actual ticket?
Because everyone I every time I go to one it's like 700K or
something depending. On slot of decks if you just
like look at the top ten volume because it's done like 33 where.
Does this come from? I woke up, I saw your tweet and
I was like, wow, damn. Filter by volume.
By volume. In the middle, yeah.
I don't really know exactly where it came from, but there it
is. It's like the purple.
One, I never realized that. There it is.
OK, Got it. Wow.
Yeah. So it's 6 or 10X, Yeah, it's up
10X in the 24 hour. So just going parabolic, it's
one of the biggest movers in whole.
So yeah. So where are we at here, 30?
4. 34,000 it's up 21,000 in the last day dare.
I say chill guy's about to flip with these numbers.
Jeez, I'm going to piss off a lot of people here.
That's. So where does chill guy get
70,000 new holders and and a few I guess perhaps on spot
listings, yeah. Probably because it did.
It started trading on Bibit today, right?
This is crazy. This could be a good trade lads.
I think that's my target for it is is kind of like that initial
whiff run that happened in March.
Where did I go to? I forgot.
It went to 480 at peak and I, I probably, my target's probably a
little lower than that, but. Yeah, yeah.
Last, last, that's when we bought WIFF last year, but that.
Was peak peak. Yeah, we bought WIFF in December
last year, and then it went crazy.
I sold and then OV held and then it went nuts.
It was absolutely insane. Anyways, all right, well, that's
that and then I don't know if I missed anything, but I just saw
the time. But if there's anything I missed
up oh fuck we didn't talk about pump font, but that's longer
conversation. But them turning off live stream
I thought was a big I think they got scared right like the the
odds on Poly market dropped from 97% of them being banned to 28%
after pausing live streaming because of all the craziness.
What are you saying anything you guys seen it did the right that
was the right call. I.
I do, yeah. I think it was getting pretty
messy there. What?
Do you think, Mando, you think it was the right call?
Pause this. Yeah, it had gotten a little
crazy. They're probably going to have
quite moderation on it on it soon or something.
So. We'll probably have a discussion
on underexposed about this, but like, oh you are 200,000 users,
200,000 daily active on pump. Wow.
Good for them, they're killing it.
Good 7. 1000 tokens launched 50 to 70,000 launched per day.
It was. A reasonable It's very
reasonable to put a pause on this because it had gotten a
little out of hand. It got.
Attention. It got them attention.
That is a fact. I mean, at the end of the day,
like they got attention, they pause it, they got more
attention. Now people are still on pump
phone, right? It's not like people like, oh,
boycott pump phone, like people are still on it.
So very, very, very well, man, it looks like you're cooking a
trade right now. Looks like a man who's studying
corn. He's like, look at he's like,
should I eat like $1,000,000 in this thing right now anyway,
Anyways, all right, well, let's let's go into this because
anyways, you guys have Tyler and Deez and and Peter Jennings
coming live in an hour on the third episode of Underexposed.
I'm excited to tune into that one.
I love that I clear my schedule for two other shows aside from
my own, which is Rex Radio and Underexposed and they're always
really good. So I'm really excited about
that. So let's get into that.
So Mr. Timothy Chalamet, why don't we pick a winner here?
Winner, winner. Chicken dinner, baby.
Let's see your Mando always trenching.
It's so funny. All right, I love Mandy.
Let me take over here and he's already.
Well, that was quick. That was quick.
Oh, look at that banner Jesus. All right, the gamer tigger sign
soul pre rich Baja blast please. It seems like you're streaming
and you're a gamer so long you should stream with epic.
What up lofi? Sorry it's loud.
I'm at work. I would think I'd win one of
these. Well, you just did, so I, I, I
don't want to. Well, let's make this quick.
If you're at work. Well, listen, low fi trippy.
You're either going to win a red guy, a strato, a Penguin or a
punk today. Are you ready?
Are. You ready?
Are you ready? All right, let's bid and you win
a red guy #50 Congratulations, you made $1500.
It's a nice payday at work, brother.
Have a good one. Alright, that's that's.
More than one check. I love that I I love that
freaking get back to work, get back to her.
We got you. I love one at work dude, that's
so funny. I love that I well Mendo that
was some good takes on the show today.
We'll see you tomorrow, Tyler at noon underexposed mystery check
it out. That's his weekly show with Deez
and Peter and with that with that with that we'll sell
tomorrow morning, 10:00 AM Eastern Standard Time for
another episode of film our on rock radio.
Let's go. Music.