Yo, what up? What up?
Good morning, Good morning, GMG. Friday.
Oh yeah. Friday, Friday, Friday, November
8th, 2024. Four, four.
Look at that. Another.
Beautiful day to have a beautiful day.
I got my Co host in the house Tyler Mando Logan, OH it's a
packed stream today. How you guys doing today?
Good morning. Doing amazing man, how are you?
It's another day in paradise. It's another day in paradise.
You know, it's really nice to wake up and make money
day-to-day. I wish it was like that every
day. Sadly, this too won't last.
So trying to make the most out of it.
Mando Tyler, how you doing? I'm good like as you mentioned.
I've only got about 15 minutes but I had to stop by for Solana
all time high day. Solana all time high day.
I don't know if folks know this, but you have to flip it to
market cap. But yeah, we.
Are we are there, we're there. We kissed, we kissed the cycles
high, we kissed the all time high in market cap again, again
and again. Let's see if let's see if we're
going to break out of that today then and then you know all time
highs in price are in play. Logan, how you doing today?
Hey, I'm doing well. Nothing to complain about.
Excited about prices, just happy, yeah.
Good. Looks like America is intact
thus. Far, Yeah, thus far things are
are totally OK here in PA thus far.
Things are things, OK. So things are fine in the United
States, OK. We haven't spoken about the
election for two days, guys. It's amazing.
Holy shit. Do you guys notice?
It's just all bad. It's like only coins.
It's no longer like if this, if that.
It's just coins, coins, coins, coins.
You're not being shoved pulls down your throat all day long
anymore. Significantly different.
Like it it has noticeably changed in the last two days.
Like I think the algos changed. That as well, right I'm I'm not
fed like crazy like right wing propaganda either.
It's great, it's great. Anyways, all right, well, it's
not the show as usual market report this this today we're
going to flip things around because Tyler has to go in 10
minutes. So Tyler's top 1000 market
report and then we'll chit chat. We got Logan, we got Mando in
the house. So we'll we'll go over a few
topics this and that and then we'll go on to picking a winner
for the robit loot box spins and then get a spin going.
Maybe someone wins a punk today in this show, as you all know,
as usual, is powered by galaxies where seamless built in
monetization tools galaxies enables the development of
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Bitcoin's vision of the centralized freedom and the pen
independence from centralized control.
And with that Heiler give us over daily NFT and crypto
analysis. Tyler D on FOMO our calls the
kids. Can top story The Bitcoin ETFs
have sent a smashing new record $1.37 billion in inflows.
That comes on the back of black rocks.
I bet $1.12 billion in inflows themselves that makes
Blackrock's Bitcoin assets, they have now exceeded their gold ETF
assets in value in just ten months of existence.
So that's a pretty important milestone right there.
This comes after Jerome Powell, he cut rates another 25 BPS at
yesterday's FOMC meeting in line with market expectations.
One more cut still expected. In December we saw Coinbase
launch CBCBBTC, their RAP Bitcoin product on Solana.
That's their first Solana based token.
Crypto Super PAC. They are celebrating this week.
They successfully led to 98% of the candidates that they
endorsed in the recent elections out to them.
Incredibly successful. The degen team, the degen token.
They have alleged issues with Conduit as an attempted
migration. They might have to launch a new
chain citing that conduit has their roll up keys hostage for
months. So that's one.
No way this thing keeps going. We'll.
Have to monitor that then. I mean one of the fun stories of
the day. Notable crypto trader thought
leader content creator Kobe. He's teased that his show up
only might be coming back soon and he changed his PFP back bull
market Kobe. So we we like bull market Kobe
in token AirDrop and protocol news magic Eden teased his
tokenomics are going to come out November 18th right around the
corner mantra check this out Pudgy Penguin family.
They published their AirDrop checker.
They've got 15,000,000 OM tokens coming.
Pudgy Penguins are on the list. So maybe AirDrop season coming
back here. Moon shot enabled Venmo deposits
via Moon pay shout out to moon pay and then socket protocol
introduced a new chain abstraction framework in
partnership with near. In memes, NFT news, memecoin
majors green on the day, Doze, zerobro, fartcoin, EACC, mudang
all big winners on the day we saw SAT Republic completed $2.75
million race. They are launching Sacco, a
mobile runes trading product, I think that's coming out in the
next few weeks. And then Artbox curated
introduced Poetics of the Infinite, a new three-week
exhibition as they go deeper into that physical and digital
concept. And that, that's the Rama.
Yeah, I, I, I love that. I mean, there's so much going
on. I think we should start with
BlackRock, right? That's the first and foremost I
I love this tree of alpha account because I have my
notifications on. I just wait for the for the
every night. I'm like, it's going to be it's
ETF time. Last night.
I'm not going to lie, I was expecting a tweet saying this is
like a fat theorem buy maybe it's going to be tonight.
But I have a feeling like the like tweets are about to come.
But it looks like it was just more Bitcoin theorem.
Is good too. I think the theorem hit the
highest number I've seen. Let's set up DJ OK, I guess it
didn't share it, but let me let me check DJ.
But BlackRock? It was a billion dollar a day,
huh? Wild.
Just numbers that we haven't really seen before.
Where is it? It's all the way to the right.
You meant to scroll. How do I scroll right Mendo?
Can you zoom out? Oh yeah, I may have to zoom out.
Sorry, I'm too zoomed. My bad.
All good. Never mind, Mendo.
We're good. I've been here. 1.1 billion on
on the day, that's their daily inflow number, God, and they
were a majority of it. So we saw 1.37 billion in total.
Yeah, ETH caught 80 million, which is the the biggest number
that I can recall probably since launch week.
And interestingly, it wasn't just BlackRock.
Fidelity outpaced BlackRock with the influence.
This is probably the one of the more interesting narratives in
the near term for the ETH crowd is the ETF catch up trade.
So let's look on coin glass. It could be the the biggest day
for for them since launch. It's got to be top three, top
five for sure, and it might be top one.
Yeah, it's up there for sure. I don't know how to find out all
of it like the all time, but yeah, it looks like it's, it
could be the biggest, one of the biggest days.
I I I think it's obviously going to continue.
So OK, that's good. Looks like BlackRock is
continuing to buy even A75K. How much Bitcoin do these people
have? Holy shit.
They they have a lot. I think they have the the
Decrypt article I read that said they have $34 billion in Bitcoin
it. Passed the gold assets under
management or something? Did that say something like
that? Durassi tweeted that.
So that was the other aspect of this.
In 10 months, their Bitcoin ETFs have surpassed their gold ETF
product. Wow.
So what additional signals do you need if you're not
convinced? I mean, between that and and
Kobe, you know, I think I don't think we need much more.
I mean, Kobe, I mean, that was another one in the news.
Do you want to explain why for the new people in the in the
cycle? Yeah, so Kobe basically kind of
went quiet, right for the last, hey, year and a half.
I mean, he, he, he replies, he's been the kind of reply guy.
He's building the his investment platforms.
That's what he's been busy with, but and he changed his PFP back
to his bull market PFP that he made famous during the last
cycles. Bull run, his up only show was
probably the biggest show in crypto.
I think that's pretty fair to say.
And he in, in the replies yesterday, he, I don't know if
it's a joke or true, but he he alluded to the fact that the
show might be coming back. I saw that they've been teasing
it a lot, right? Him and Ledger.
Yeah, he he did like a Jarvis send Ledger a new camera and and
mic. No.
Catching up today. That would be great.
Oh yeah, Because they say if Trump wins, huh?
OK. Hey, look, Trump got us Kobe
back. So you know that that must have
been a deciding factor for a lot of crypto Bros when when going
into voting. Looks like Kobe's back.
OK, what else? I mean, you have a lot of good
news on your stuff. Yeah, we don't have a time to
get into a whole lot of it. I tweeted this morning.
Just like I'll go straight to my meme stuff.
Yeah, it's only a few minutes. This Doge play, the Department
of Governmental Efficiency folks thought maybe Peanut was the the
Trump Elon play. I don't know.
I think it might be Doge. I was wrong.
It is not. The biggest mover of the day
this next to zero bro, which is more of the AI meta and and may
know maybe maybe I'll talk about that more later, but I don't
know. This looks good.
It's on ETH. There's a little bit less
competition on ETH, makes this interesting.
That's absolutely insane. I mean you and somebody else was
friend or was Lenimore called it like I think like five days ago
or some shit. Definitely before those green
candles I'm seeing on your screenshot and and it's up a
lot. I thought like another doge
wouldn't work out but I guess ticker Bitcoin worked out so
well done. That's a good trade.
Looks like the meme coins are back.
I mean this morning maybe a cool off with ETH with Solana going
crazy, but looks like your Mirage memes are looking good
here. Yeah.
So I was checking that. So coin market cap has their
overall meme coin market cap. It looks like we're at about 1%
away from local highs, which would be like a three-year high.
So we're right on the the precipice of.
That getting there. So I think that's an interesting
one to watch actually. I haven't actually looked at the
Maraud board like so many things have been moving.
It's in the they're actually a little bit quiet.
SPX back above Mog. No surprise.
Of course you. Know, I think it's probably the
biggest story of the week from the Maraud memes over now over
100 million. That's a big milestone and
clear, clear skies above it. Clear skies indeed.
I mean, it's pretty well this is a chart here.
All time market cap and volume for memes.
Looks good. Look, good send.
I mean, this market cap here was solely on, well, that's 2021.
So it's mostly DOGE obviously, right, Well.
I don't forget how high dose really went.
It's the thing those went to 9980 billion dollars.
So looks like we're it's going to run it back.
So what's DOGE at right now? Where's DOGE trading at $0.19?
30 billion. Yeah, let's get in there.
So a little 4X and dozes back to all the time high.
So that's that's good. All right.
Well, before we take off, was there anything else?
Yeah, maybe Logan will go into this.
He shared on the Lucky Trader account.
But for the pudgy payment holders out there, there is a
new AirDrop that you're eligible for.
The Mantra, I think that should be.
I haven't been following this one super closely, but it's
somewhat legitimate. Maybe Logie has more information
for us. Yeah, not, not too much.
Aside from that, there's the, yeah, the eligibility board.
So it's just beyond pudgy Penguins like star gazers or
star kids or bad kids. They've been on like a bunch of
different stuff they've gotten air drops for.
But if you own any of those, you're, yeah, you have the
Genesis drop from Mantra, the OM drop, you have some allocation
for. And for pudgies in particular
there, there's not a limit. You know, if you have 10
pudgies, you get 10 allocations. And there is a, there is a
wallet checker as well. It does not require you to
connect, so some more safety built in there if you just want
to drop your wallet in and check and see and make sure you're
eligible. All right, there you go.
Have a good weekend, enjoy the show.
Have a great weekend, Tyler Mando, Mr. Mando, we still got
we still got we still got Logan. We still got Mando over here.
Make sure we're tweeting because we're going to pick a winner at
the end of the show for a little bit.
Lootbox, man. Which reminds me, maybe I should
get to to to preparing this lootbox for today.
Hopefully in the NFTS didn't sell, but they haven't been
selling much these days, so we're fine.
Mando Mando, Mando, Mando Mando. Oh my God, this market report.
I'm I'm curious to think where we're going next.
Who is the man Michael, Daddy of the land.
Can you dig it? Can you dig it?
Yeah, GM, everyone. So as Tyler said, yes, you went
through a lot of the stuff there, but it's been, we had a
pretty bullish Fed I would say yesterday and that's just
created another tailwind for this market.
It was kind of what I said it was the Fed came out, it didn't
it didn't do any anything sort of predictive.
It just said inflation's come down, strength is still growth
is still strong. We're looking like we're going
towards a a soft landing. But they said that they would
make a decision every every single month by month.
So at the moment, I still think they're going to cut rates again
next month, but then it'll really be like what happens with
Trump, like we spoke about with the, the tariffs and stuff like
that. That'll be the the main
question. Interestingly, he kind of said
what I said a few days ago and that Trump, Trump's been talking
about trying to get rid of Jerome Powell.
And there is, that is like kind of against the law in, in the US
and, and in many countries actually, like the, the, the
chief of the, of the central bank is often means to be picked
independently of electoral power.
So it's kind of, it's kind of a, a strange thing.
But he, he's going to be asked a few times about this because I
think Trump has said that he wants to get rid of Jerome
Powell, But he, he actually was pretty defiant and said no,
which I kind of respect. Actually.
I, I do think they should be, should be separated, of course.
Yeah, there's, there's something brewing there that maybe it
becomes increasingly political next year.
Like I've said, obviously there's going to be a lot of
talk about if Trump does bring in tariffs now they're going to
have to make a decision about whether that actually leads to
inflation or they should be ahead of that.
And you could have some pretty political Fed decisions next
year, let's put it that way. But that's, that's for next
year. For this year.
It felt like everyone just wanted to buy things after that
because it looks like we're still going to get two rate cuts
by the end of this year. Bitcoin hit an all time high,
Solana hit a cycle high or very close to it, ETH went up towards
3K and just general risk appetite.
Yesterday was probably the highest I've seen it in many
months. I think the last time I saw it
this aggressive was probably that bounce back second-half of
August. Yeah, definitely, definitely
felt like everyone was looking to pile into stuff.
You can feel it in the chat. Everyone's just like sending
tickets and stuff, which is moving, yeah, going into stuff.
So it's it just felt like one of those sort of days.
Interesting. I also think that like what I
spoke about yesterday, where listings, I think are going to
increase quite a lot across a range of different things.
We're going to see more air drops, we're going to see more
listings, sort of very bullish things happening across the
board. I would say in in crypto.
I thought the biggest news of the day was the story about the
the the potential new head of the SEC.
Let's talk about that, right? I was surprised that Hester
Pierce is not interested in the position actually.
Well, Brian Armstrong wants her to be it, but it does feel as
though it's actually going to be the head.
The well, Trump's team is indicating they will be the ex
head of of Robin Hood, their Cielo, which would be a big win,
which would. Be a mark win.
Yeah though, right? Yeah.
No, no, I see somebody else. But there's another news out of
this morning though. Check this out.
I didn't even see this myself. Look at this.
I. Know, but this is from this
morning and likely to be next. Year, it's a very pro.
We're going to get a much more pro crypto SEC chair, which
paves the way for a lot of those lawsuits being stopped.
And I think a lot of things being a lot of things changing
crypto relatively quickly of these people attempting to
change things. So it's still providing a a
tailwind for a range of different things in in defy at
the moment, But that is moving quicker than I thought it would.
It it do things even before the regulation comes in.
Do you know what I mean? Like people.
Oh well, look, it is. It could be the three.
Months you could beat it. Yeah, he he was mentioning
yesterday, but I saw somebody else.
No, me too. No, me too.
I saw the Robin Hood news with you and the crypt covered it
quickly too. But it looks like this is from
this morning. Interesting.
We'll see again, Tim. That's very bullish for that,
too. So yeah, I mean, it does feel as
though it's going to be a way more lenient SEC chair.
AI has got. But she's back on.
AI has gone too good. Back back at like, I don't know
if anyone remember when Trump Trump first mentioned Gary
Gensler and he was like, wow, I didn't know people.
He was so unpopular. It's true.
Like back when I used to trade the SEC, but the SEC actually
were seen as good guys in the market.
Like they would come in and and try and help out when things
went really wrong. Yeah, I think it's, it's just
slightly surprising how involved they've been in crypto and they
just need to butt out a little bit and return to being like the
good guys that stop an FDX rather than letting an FDX
happen and then going after the good guys.
You know, it's a it's kind of a strange position that they've
been in in this market. And I think they can return to
being being like that, if I'm honest.
But yeah, I would say general sentiment is risk on just seeing
you're seeing altcoins start to outperform slightly.
Bitcoin dominance is still continuing to come down a little
bit, but it it still feels like the the number one vehicle for
for for trad fires to get involved is that Bitcoin ETF.
So it's tough to imagine Bitcoin dominance going down that much
with 1.4 billion of inflows into the Bitcoin ETF every single
day. The.
Market's fucking running right now.
Mendo running. Yeah, running, running.
Ethereum is just going berserk. Bitcoin's about 10, another all
time high. I, I, I mean, I think it's going
to keep on going. I do think, I do think we're in
for a very, very bullish period here for crypto.
Like I said, I think. Wow.
Is until the inauguration. That's that.
That's kind of where I'm I'm thinking about.
It how the news being the inauguration you think?
Yeah, that's what I think. That's what I think it's for me,
it's like a, it's a situation where I just see this so often
encrypted, you know, like we get these very brief periods of, of
RIP, particularly in altcoin, right?
Altcoin seasons last for like sometimes not weeks or months.
I do think we have, we can have a little bit of a season here
for the next how many weeks? We've got what, 8 weeks left
ear. That's the thing.
Then we've got 8 weeks. Trump goes in on the 15th of
Jan. I will be reducing my risk in
those first couple of weeks. As I said, which we called this
phenomenally by the way, if we go back.
This this is at this point, like if you want to have a great
cycle fucking TuneIn for an hour a day and just chill.
Get long in September when Bitcoin was at 55 K and I'm
telling you, I think I'm going to keep it until the end of the
year and then I'll be reducing. I won't reduce as in like I'm
getting out. I'll probably go back into JLP
or like a slightly more defensive asset.
I'll be doing that with you this time.
Make sure you tell me because there is a pretty aggressive
Solana unlock schedule coming up as well in Q1, right?
Like a lot of people. Always ask me.
Why don't you ever talk about Solana unlock schedule?
Here it is, let's talk about it. So what the fuck is this unlock
schedule? Do you guys know?
Yeah, it's a tent I. Think logging you have it it.
Seems. I just saw Obi tweet something
this morning about it that may have had some details.
Putting my bags right now. Is that what Obi's doing with
this time, Obi? 'S been fucking forever.
But I think it's, I think it's actually about 2%, but it's,
it's, it's a large bit of it. Obviously Solana has inflation
around 7% a years or 6% a year. So it has to be done in that
context. But it's, you know, it's just
not a good story. I don't think you're going to
see big, big bags unlocked from FTX here.
So no, no, this is actually, it's being unlocked to hedge
funds. So it's been, remember, the
hedge funds have bought it. So we will, yeah.
We'll see what happens though. That being said, around that
time we could get FDX paying back people, you know?
So where were we? What was the last update on
that? Do you know?
Maybe long you would know you you read about this stuff or.
I had I had kept hearing Q4. I'm not sure I've seen a an
official declaration. Yeah, that was a big let down.
It was like something around the fact that some people like it
was a whole, it was a lie they had to go to like.
Yeah, how these things work is like we'll go through a Chapter
11 process. They'll have to agree upon
reorganization. There will have to be no
challenges to that deal. Often there have to be very few
holdouts as well from the creditor side.
And there's often like a slightly extended period of of
like challenges of which I don't know when the last one was, but
like they're doing hearings on those right now.
So they've approved it to be paid back.
And then you know that it's going to go through like 12
weeks of challenges. Again, even if one of those
challenges is successful or credible, then it'll go through
more weeks. And then it's the whole
logistics of it all. You know, like the bankruptcy
proceeding for Mount Cox was was done so long ago and the
logistics of paying people back has taken three years, four
years. It's like insane.
They still haven't paid people back.
Like they started to pay people back and they stopped and
they're trying to pay people back again.
So yeah, I don't know when that's going to be.
I would still expect that to be Q1Q2.
But I, you know, I can save sorry, from my perspective as
somebody, I had like a a trivial amount in FTX.
So I've like had been getting the claims emails.
Yeah, you get one like every like four months.
It feels like I haven't gotten one in a long time about, you
know, the the next step in the in the process.
So we'll see. OK, I guess we'll we'll see when
this all happens, but looks like we're it looks like we're it's
also due, right? People have been waiting for a
while. So it's going to be an
interesting man. This is this is just what I'll
see what's happening across the board at the market.
At the same time, things are going to get very, very, very
interesting boys for a long time, I think.
What do you guys, how do you guys feel about the weekend
ahead of us? Like is Solano going to going to
finally breakthrough at cycle high man though, and like try to
go gun for new all time highs? Are you muted?
I have to say I like the weekends around a town like
this. A lot of retail traders suddenly
are like. They.
Go to work on a Friday and they're like, right, yeah, I'm
going to do some investing on the weekend.
Investing meaning what animal are they picking, right?
Right, exactly. So I do think that this and I
remember that from previous bull cycles often like the best
periods are this like Friday night into weekends.
You know, you know, you remember them for a man like.
By the way, I haven't. I've seen Sundays are fully
wild, so I I do think that it could be a kind of crazy weekend
where stuff just goes absolutely insane.
You know, like we could see some huge Wicks and some of these
popular meme coins. Huge Wicks.
Alana. I do think that people will be
investing pretty hard this weekend.
I yeah, I the the last few the weekends the last couple years
I've been like for taking winding down from the week of
work, the weekends. That's so dull.
My last two weekends have not like my last weekends have.
Like I'm actually like my my Uber ring.
Like my worst sleep is on the weekends these past two weeks.
But how? How remember that period for
like weeks for like on the weekend there would be no
volatility at all. Like Bitcoin would move in like
100 bucks rain. What happened?
I'm not. This is the season where pay
attention, there's going to be some huge runners in the meme
coin space, like zero to 200 million.
Like stuff's going to people are are tuning in to gamble this
weekend. It's.
Going to be doing that every weekend for the next 8 weeks.
I think we're going to have a little, little ball here.
Yeah. I mean, it's just, it's just,
it's just so it's going to be insane.
I I can't wait for this weekend. I oh, look at what are you
drinking out there, Logan? Yeah.
There he is. There he is.
I. I've I've fine-tuned the taste
I've grown to really enjoy them. So I'm I'm chugging through my
my stash pretty quickly here. So I actually have the same
thing and it's actually someone who drinks like I'm not trying
to find their own product or something, but you drink it the
first time. Like I don't know if I can drink
the like tons of these and then you just end up just drinking
tons of them. That's like.
What's happening? Really get through them now and
I'm like I don't know, I find them very refreshing whereas the
first taste I thought like oh you know what, these are good
for one and now I'm just. I don't know.
I I got you know what I'm like, You know when you have a is it
ever happened? You have a new phone, new
computer. You don't want to open it
because it's just perfect. You don't want to like dirty it.
Have you guys been OK? So I remember once I think 2021
I bought a new iPhone and didn't have time to swap over for the
one month it was in the box in my desk.
So the red guy, I have 5 cases that I brought here a lot 2
weeks ago to show you guys and I started to open them.
I don't want to open my cans. You start drinking them, trust
me man, like. I don't want.
And you'll be like, Oh yeah, that was nice.
And then you'll be at night, you'll be, you'll be, you'll be
degenning. And you'll be like, you know
what? I could really I'll.
Just wait for our house because by Art Basel I'll be back to
I'll get my first drink. I'm 4041 days today, but I'll
just do tequila wrecked at our house.
I mean, always sending us 5000 cans.
So, yeah, I was like, oh, V, you want to partner with us?
Sure. How many cans you need?
A lot. Is 5000 good?
Yeah. So, so.
So I'm just going to wait. I, I don't want to.
OK, fine. I have.
Oh, no, it's not true. You guys sent me six of them.
I have one in the fridge. So I'll, I'll, I'll, I'll, I'll
drink fresh. Cool.
A fresh little fresh little wrecked drink instead of a
instead of a beer or a drink this weekend.
But they actually do go if you're over 18 here and over 21.
Of course, I don't want to promote drinking on the show,
but you know, a little tequila in this wreck is that it goes a
long way. Someone asked you Mendo.
First of all, someone's saying that we need to host this show
seven days a week now, because you know, it's the it's that
time of day. Not a lie.
I may come on stream this weekend.
Streaming with Wiz the other day was so fun and by the way, Mando
we called that was that stream was crazy.
It was called calls. I came on at 4:00 AM my time,
called Mudang and Zerobro and then left and.
Let's talk about AI because you guys, yeah, some AI because you
guys are both the AI Bros. Like this is like your shit.
So let's talk about Mudang first and let's move into Zerobro and
the AI coins. I mean your Mudang.
I mean, what's what? So you talked about Mudang
early, but talk about your setup, right?
So you talk about Mudang here on the show you, you call Mudang
because you were saying that's doing $2 billion a day of perp
volume on finance and it was sitting at like 100 something
mil, 150 mil. It was kind of stuck there for a
minute like this period and that's when you came and talked
about it. How do you feel about Moodang
here, now that it's actually broken out?
I really like it. I'm not, I'm not.
So here's here's here was my bull cases for it.
And again, the side look at all trades is just the risk reward.
Of course. Trading at when I started being
really going to you guys. Hey, you should look at this.
You look at this, it was at when it was 150 and it was doing a
billion plus of perp volume everyday.
And I said look, I haven't seen that for a low cap coin since
Pepe. Pepe or with with did it for a
very brief period. We've got remember perp listing
quite early and then went through a bear market.
So like it was still doing really high volume at a low
market cap during the bear when it was like people forget Pepe
went below 100 million. Do you remember that when the
dev sold and? Oh my, how was my 911?
Yeah, like we had. Brexit that.
Bring up the Pepe chart like people just.
You mean OV you guys each I had a trillion tokens and I had 250
billion tokens that time So together we had like 2.52 point
5 billion trillion. What?
Sorry, my math I I. Trillion billion.
Trillion billions. We had so much Pepe.
Holy shit it is. Yeah, like zoom in.
This was it. This was it.
Right. Do are you, is this a market
catcher or a yeah new market cap on the C2?
No, no, get get rid of that. See price there.
Up, up, up, up, up. Yeah, right there we go.
And now zoom out. It was here.
No, it was here. It was here.
It was here.
Go back dude. No, it's not.
No, it's this one. It was in April.
That's in 2 billion. I'm talking about when it went
up below 100 million, dude. Sorry.
So here it was here when we got it was here.
And then we had the longest. It was this.
It was this, Yeah. So it went below, no, I didn't
go below 100 minute. It went below 200 million maybe,
I thought it. Was no Was this I can't.
That was that was like the the gig and move higher, but it was.
No, it's this one. This was a dump.
This was a dev dump. No, dev dump was way later.
It was way later. OK, then it was.
It was around there. Was it this?
No, no, no. Let's look at Do you not
remember this period? I remember the period, I just.
Can't. The lows of that chart is when
the IT was. Here, it was here because we
just sold. Yes, bro.
And then people bled out, bled out, bled out, bled out.
They try to save it around here. Bled, bled, bled, bled.
Waited. Dennett Pump.
I think that there was more being sold.
I just remember. But anyway, around that time, I
remember it's still doing crazy volumes and perps, like it was
still doing 3 to 5X's market cap and perps.
And I remember this thing, this thing cannot die.
Like there's no way this thing dies.
And I looked at mood and I was like, if it's at training at 150
and it's doing that much perp volume, that's so bullish.
But and then I think the other bull case is I am look at.
This it's Bitcoin, Ethsole, Doge, Nero Pepe Mudang.
That doesn't even cap like $2.4 billion of.
Portfolios. Anyway, the what what the other
bullish case for me here is I actually think these sort of
mean not an anti Murad view, but I actually think these can two
pretty giga volumes and actually reach even higher market gaps
than some of Murad's memes. And I'm slightly controversial
here. Well, not controversial, but I
think Murad memes are slight are starting to underperform
slightly. And I think the part of the
reason for that is they've already like done that cult gap
higher, but also they're now just on that list and they kind
of get in each other's way. I've said this before, like when
one when one nukes, everyone's worried about the others.
And that's happened a couple of times recently.
And I think that the ones weirdly the biggest runners that
we've seen are the ones not on his list.
Like it's it's like it's Moodang, it's GOAT.
Most recently, it's fog, it's Sigma.
You know these are these aren't on his list and.
Yeah, I mean, he can't have like a billion tokens or something.
He's been making other lists. Well, he's been making other
lists talking about these volumes, and he's been including
Mudang Fog and stuff like that. Yeah, so for me, I just looked
at I look, that's where my biggest bags are now.
They're actually not mere ad memes.
Interesting, because I think that they have they can be
viewed independently. I mean, you know, and I like, I
like Mudang because it's a, I think it's, I think it can
actually run like I just, it's insane how much engagement this
thing gets. How many videos follow?
It. The video of Mudang running like
an actual clip. It's printed for like a couple
seconds and. Everybody was cheering Mudang.
He's so cute. Like even like even like my,
like me and Vanessa, like my fiance, she just loves Mudang.
Like people love Mudang. It's she's like, you know, like
the girls love it, you know, and, and you never fade that.
You know what? Last time Vanessa lost something
it was Bitcoin puppets. It ended up 10X in that, so
that's. And that's the other that that
was the kind of third piece here is if you are bullish on people
coming in, like people coming in for the first time this weekend
to buy coins again, having not Muden wins, that it's you, you
actually want to buy Doge or you want to buy, you want to buy the
the memes that people are. Oh yeah, I'll buy that.
That's the that's the funny meme coin.
And I don't know if they're buying Murad memes.
I think, I think that's kind of like a bit say like very like
deep cryptoculture sort of memes.
Moodang's just like, yeah, I'll buy the Moodang for him.
Look. She is look, she's good look.
She goes. I just want to cuddle her She's
so cute. I don't even have Moodang.
I just love it. I messaged Razor this morning
and I was like Razor, I'm going to need robit perps on Moodang.
I, I swear to God, I sent you a screenshot because I, I don't
ask me why I trade my perps for a little bit.
Not only are they partners of ours, I just really like these
guys, but also like it's easy for me to, I don't understand
the whole I'm a pro trader. So I don't understand what
Mendel does with the funding and this like I don't get it.
Like you know how you guys trade perps like you have an account
with money, but then you can you remember when you and I got
liquidated together? I didn't understand that we got
leaked because Solana dumped but those didn't hit our PT Yeah.
Cross like cross liquidation. Yes, we got cross liquidated
because of Solana, not even our doge long, but we lost our doge
money because of that shit. So after that I just want to
keep it simple. So I messaged Razer and I was
like Razer, I need you to add perps on Moody.
So I really need it. Maybe not now if you waste a
little bit, let it dump. But yeah, I like the thesis man,
though I like the thesis. Another one and this one I'm
going to go to you quickly. Sorry Logan.
Are you in zero bro? And have you been following that
AI coin? Cause Mando came in, dropped the
call. I'm pretty sure he aped it.
And again, the rich get richer. But Logan, how's the AI made
that going? Yeah.
So I'm not in zero bro anymore. I made a small trade early on
kind of just because I have been seeing it on my timeline and I
didn't do the due diligence required.
And I think at this point in time of where we're at with the
AI stuff, if you're not looking to make those really, really
quick trades, you need to do the due diligence properly to find
the right, you know, types of coins.
I think Mandos talked about that earlier this week in regards to
AI stuff. I still have not done a super
deep dive on zero bro, but there is, you know, a pretty
legitimate backing here in the sense that this is not just, you
know, your copy paste AI chat bot type thing.
You know, there there's actual innovation.
There's a huge white paper from I think Jeffy you about memes
and and zero bro and and all that stuff.
Like 11 pages of white paper that I have not read.
It's up on my desktop. It has been for the last day or
so and I just haven't read it. But I mean like this one has
been legitimized at this point in time as something beyond.
Hold on, hold on. I want a dog.
Name it Ziri Pooch. Probably already on pump.
That's what I'm saying. It's a man old.
Yeah. Yeah, Yeah, it's, I mean, all I
have to say, like I, I, I'm not the, the, the guy that's going
to be able to break this down for you, zero bro stuff in great
detail. But what it has done is
differentiated itself from that brief period of time where there
were like 100 AI betas, right? All these different agents, all
these different platforms, it's differentiated itself, it's
legitimized itself. And of course you're seeing that
in in the price action. You've seen that with far coin.
You know, I think far coins up like another bajillion percent
in the last couple days as well. And go of course, the
resurgence, I mean, AI stuff is still very much alive.
People have filtered out some of that nonsense and water that,
you know, just was surrounding the initial surge of coin
launches in the first, you know, whatever week, second week of
go, whatever that was. Yeah, it's it's it definitely it
definitely. Sorry guys, I'm like on deck
screen or looking for that 0 push thing.
I don't know it fuck it. Just it bonded.
It's over for us. It just bonded.
Yeah, there's like a ton of them on.
I'm look, I've been using. I've just been watching via a
pro or like meme scope or stuff recently.
There's a ton already on there. The hard part now, and this goes
for the animal coins too, is finding the winning one because
there's like 13 of them that launch right all within the same
like minute of each other identifying the winning one.
That's, you know, probably a lot of luck, some skill in in
identifying whatever bundles, whatever snipers, but.
Oh, But yeah, it's it's just nuts.
Did you guys see that up only token last night where like they
made a token, then they sent like almost all of it to Kobe
and then Kobe burnt it all and then it went to 20 million in
the in 2 minutes. That was that was definitely
something. So I saw that one, which was,
which was nuts. All right, well, there's that.
What else is going on the AI side?
Like Nope. Is there anything else besides
zero bro and and goat? I mean goat.
Altcoin go and zero bro as in like the main ones you saw AI16Z
have a bit of a run basically the the coins, the ones with
active developers who are like trial new stuff with the coin.
Some of them are like more related to the coin, like AI16Z,
which is like a like a Dow, but the others are just like the bot
that the coin is referencing. I think on the scale of like
autonomy, I would say the zero bro is slightly more you can
actually go on. You can see all the stuff it
creates easier than than than the truth terminal with Andy.
You can actually, you can join the telegram and and like twitch
speak to it at all times and and then it makes its own art and
stuff like that. Like it's, it's just and this
researcher just seems like he's he's on it.
He's going to be doing a ton of different things with it.
So. I think people are getting
bullish on the idea that it could be a very interesting,
like, again, experiment with this sort of stuff.
Yeah, there's actually an an experiment section in that white
paper as I was kind of scrolling through it here.
Yeah, you have the infinite backrooms on zero bro, social
media interactions, autonomous art generation, art minting and
sale autonomy. Like there's a lot of stuff that
if has not already happened, it seems wants to try and produce
in some way or other, which is really cool On the AI16Z point.
And I, I Full disclosure, I have no, no position in that.
There was a, a big update, I mentioned it on the, our first
episode of underexposed earlier this week, but a big update from
Shaw and the developers there earlier this week about, you
know, they did the first autonomous swap and test net.
They're looking to try and do that on, you know, mainnet and
via the Dow swaps soon. It could be this week, like
unlikely at this point in time, but probably next week.
That's something I still want to be paying attention to for the
very reasons Mando's talking about Zero bro, which is
developer trying to push the envelope here.
It's a really difficult one because there's so many assets
attached. Like it's not just the AI16Z
token, you got the Dow stuff, D Gen.
AI, those types of things. But it's one that I want to
continue to pay attention to because they are trying to do
things. It's not just the chat bot type
thing. Yeah, exactly.
Yeah, this is this is going to be an exciting weekend, boys.
This is going to be an exciting weekend.
I like it. I like it Weekend for.
I'm going to be aping stuff with size.
I'm actually just buying coins right now as we're talking.
Sorry. I guess I got really sidetracked
by this one. You talked about this day.
I, I, I, I'm, I'm going to be, I actually sold last night before
going to bed. A lot of my means were like
hitting new highs. So I actually, I cut some of
them into Solana. Solana went up.
So that's up like significantly as well.
And then I'm just looking for the right entries.
I'm I'm going to try and see if I can catch try and see if I can
catch a Mudang dip, whatever that dip is, see if I can follow
you on that one. But I don't think I'm going to
get much of it. Like maybe 270 range, 250 range.
We'll see. Hopefully maybe someone decides
to get out of their bag. So that's that.
But no, nothing, just be just be following the usual stuff, you
know, seeing what comes down. I mean my my peanut thing is so
I was talking about didn't work out, but as soon as I saw it
wasn't working, I just cut that because that doge one seems to
have taken all the attention from it.
The department of like that one just took everything away from
peanut at this stage. So I was like, OK, fuck it.
So I cut that and I actually have no exposure to to the AI
stuff. I wish I did.
You wish you got the 0 pooch token.
I'm seeing one. I'm guessing that they sent
supplied a zero bro because I'm seeing the top ten holds 75%.
It's already run to 850K. Fuck, did I buy the wrong one?
I mean there are there are multiples that bonded.
I'm just looking on a pro again so I think.
One of them bonded fast like before it like king of the hill
type bonding. Yeah, I mean, this one is
already over 1,000,000. But like I said, there is
there's a dev sale in here. It says top 10 holders 73%.
There's no bubble maps on a pro. So I can't I can't see this
super well. But my guess is that that
obnoxious amount given to the top 10 holders might be related
to this current meta where they're sending, you know, all
the OR a major supply to the person or the entity in which
this is. So I did.
That's my guess. That's my guess.
So I did buy the wrong one. Well, I mean there are, there
are multiples that bonded. So you you may if you got in
early enough, you may be OK regardless.
But I. Didn't catch any bondings.
This is what my weekend's going to look like man, though.
One thing I would say though, is, and this is what I said to
you even yesterday, like don't just don't fuck it up, all
right? Definitely don't decide you're
going to put all your portfolio into one of these.
Like Solana could go to 250 by the end of this year very, very
easily or higher. Bitcoin could go to 100K very
easily. You don't really need to fuck it
up or get caught up in a coin. Be patient you'll you'll get the
right one. Don't fuck this up.
Yeah. I'm in three different 0 pooches
now. Right, if that sounds.
It goes, it does. It goes so fast when you're
buying these things in the trenches.
Surely one of them was going to hit right?
Like I I bought 3 different ones and surely one of them hits you
know like I'm just like.