1 00:00:00,800 --> 00:00:06,720 GMGM, everyone, just me and OSAF today, two British guys are left 2 00:00:06,840 --> 00:00:09,200 broke. Is is in Paris, I believe 3 00:00:09,200 --> 00:00:11,200 already. We're going to be there later in 4 00:00:11,200 --> 00:00:15,720 the week, but this is going to be like the the shows of old. 5 00:00:15,720 --> 00:00:18,240 We're probably going to have a slightly shorter show and he 6 00:00:18,240 --> 00:00:20,840 only go through the main stuff. But how are you? 7 00:00:20,840 --> 00:00:23,160 How are you doing today OSAF? Good. 8 00:00:23,160 --> 00:00:23,880 Thanks. How are you? 9 00:00:25,120 --> 00:00:28,840 Doing sweet that Autoglyph is looking better and better behind 10 00:00:28,840 --> 00:00:32,360 you, isn't it? After after today's antics. 11 00:00:33,400 --> 00:00:35,400 Yeah, definitely. Did you tell you? 12 00:00:35,440 --> 00:00:38,760 Did you tell your your wife that what one of them was worth 13 00:00:39,000 --> 00:00:40,320 yesterday? No, she wouldn't get it. 14 00:00:40,840 --> 00:00:42,680 Didn't come up, didn't come up in conversation. 15 00:00:43,280 --> 00:00:46,520 She did say, what is that? I just said it was a just an 16 00:00:46,520 --> 00:00:49,320 AFT. And and you have another leak in 17 00:00:49,320 --> 00:00:51,320 the house, so that's and. They have another leak in the 18 00:00:51,320 --> 00:00:53,320 house, yeah. Yeah, feels like you got rugged 19 00:00:53,320 --> 00:00:55,000 to her. Completely, completely rugged. 20 00:00:56,120 --> 00:00:59,200 Anyway, we will, we will get straight into stuff. 21 00:00:59,200 --> 00:01:01,120 It's going to be AI. Don't know. 22 00:01:01,480 --> 00:01:02,960 It's still quite a lot to talk about today. 23 00:01:03,000 --> 00:01:05,200 Wild stuff still going on crypto every single day. 24 00:01:06,240 --> 00:01:08,600 We obviously back from President's Day yesterday. 25 00:01:08,600 --> 00:01:13,240 So U.S. markets are are coming back in macro and crypto seems 26 00:01:13,240 --> 00:01:15,120 to be swinging all over the place right now. 27 00:01:15,120 --> 00:01:20,320 But yeah, it's still still quite a lot going on, right. 28 00:01:20,320 --> 00:01:23,760 We'll get into stuff. So Mick, why don't you give us a 29 00:01:23,760 --> 00:01:26,760 brief rundown of what's going on in macro maybe today, and then 30 00:01:26,760 --> 00:01:28,560 I'll I'll go through what's going on in crypto. 31 00:01:29,120 --> 00:01:31,080 Yeah, it's not looking good for stocks today. 32 00:01:31,400 --> 00:01:34,880 Stocks are down, down about 1 1/2 percent on the NASDAQ now. 33 00:01:34,880 --> 00:01:39,120 So tough day for stocks. Interest rates are interest 34 00:01:39,120 --> 00:01:41,160 rates actually have rallied. They've rallied about by about 35 00:01:41,160 --> 00:01:42,880 10 basis points off their recent highs. 36 00:01:42,880 --> 00:01:46,920 So just kind of feels like a risk of sentiment in macro 37 00:01:46,920 --> 00:01:50,960 today. And I guess that's spilling 38 00:01:50,960 --> 00:01:52,560 over. Well, is it spilling over into 39 00:01:52,560 --> 00:01:53,640 crypto? It depends what angle you're 40 00:01:53,640 --> 00:01:58,240 looking at it from. But, but yeah, macro is a little 41 00:01:58,240 --> 00:02:00,560 bit soft today. Yeah, I think we've got NVIDIA 42 00:02:00,560 --> 00:02:04,440 earnings tomorrow. So stuff seemed a little bit 43 00:02:05,200 --> 00:02:09,320 soft going and maybe into that. Difficult to tell, but yeah, 44 00:02:09,320 --> 00:02:11,920 maybe just people coming back from a long weekend. 45 00:02:11,920 --> 00:02:13,240 Nothing really happened yesterday. 46 00:02:13,240 --> 00:02:17,360 That thing in macro like Europe and and Europe, Europe and Asia 47 00:02:17,360 --> 00:02:20,400 was relatively quiet. So just feels like a week a day 48 00:02:20,400 --> 00:02:23,880 overall. And crypto, well, crypto was 49 00:02:23,880 --> 00:02:26,320 feeling very, very good about a couple of hours ago, right? 50 00:02:26,400 --> 00:02:30,960 Like in the group chats we were in East, I think hit 3K or just 51 00:02:30,960 --> 00:02:35,480 over 3K. Bitcoin hit 53 K It was really 52 00:02:35,480 --> 00:02:38,160 just those two though. It was really just the majors 53 00:02:38,160 --> 00:02:42,640 rallying and then alts were I think precarious to say the 54 00:02:42,640 --> 00:02:46,080 least. And then ever since kind of just 55 00:02:46,080 --> 00:02:49,120 before the US Open we we started to dump. 56 00:02:49,520 --> 00:02:54,600 Ether's now down to 2900. Bitcoin went close to 51. 57 00:02:54,600 --> 00:02:58,360 Ki think just now Solana went all the way down to 104 I think 58 00:02:59,680 --> 00:03:03,680 in that move and a bunch of volts are probably down about, I 59 00:03:03,680 --> 00:03:06,480 don't know, 3 to 5% in the last hour alone. 60 00:03:08,160 --> 00:03:11,880 Does this surprise you at all? It doesn't surprise me when you 61 00:03:11,880 --> 00:03:16,280 look at the funding rates right now and I I know we've spoken 62 00:03:16,280 --> 00:03:18,840 about this lot in the last two or three days, but funding has 63 00:03:19,360 --> 00:03:22,360 gone up day by day. And if you look, if you look at 64 00:03:22,360 --> 00:03:26,040 that heat map thing, it kind of shows quite a big change in 65 00:03:26,040 --> 00:03:29,200 funding over the last few days. So it does feel like leverage 66 00:03:29,200 --> 00:03:33,640 has gone up quite a lot and thus you're just seeing some nasty 67 00:03:33,640 --> 00:03:36,320 Wicks out there across mainly across altcoins. 68 00:03:36,320 --> 00:03:39,600 It's less so on on Ethan Bitcoin because obviously that's where 69 00:03:39,600 --> 00:03:42,720 the buying is occurring right now and that's where the the bid 70 00:03:42,720 --> 00:03:45,360 pressure is. But yeah, across alts there's 71 00:03:45,480 --> 00:03:49,400 you know, high funding rates and a few, you know, a few nasty 72 00:03:49,400 --> 00:03:51,240 Wicks that's causing these moves lower. 73 00:03:51,240 --> 00:03:54,240 So it doesn't on that note, it doesn't surprise me. 74 00:03:54,440 --> 00:03:55,760 I don't think it's a bearish thing. 75 00:03:55,760 --> 00:03:59,000 Like remember we had really high funding throughout most of 76 00:03:59,000 --> 00:04:03,160 December and parts of January, yet the price went up a ton, 77 00:04:03,160 --> 00:04:04,560 like crypto went up loads, right? 78 00:04:04,880 --> 00:04:06,880 But what it does mean is that your price action is not going 79 00:04:06,880 --> 00:04:09,040 to be stable. It's going to be rather than 80 00:04:09,040 --> 00:04:11,080 just being like this nice steady ascent, which is what we've seen 81 00:04:11,080 --> 00:04:13,760 in the past few weeks because funding has been low, it's going 82 00:04:13,760 --> 00:04:17,279 to kind of be more like that. Yeah, but moving higher. 83 00:04:17,279 --> 00:04:21,200 So no, this is a good. Context doesn't it really like 84 00:04:21,560 --> 00:04:24,440 we still had some big rally in December and funding went bad? 85 00:04:24,440 --> 00:04:27,280 We've started to see it. Interestingly, these top two are 86 00:04:27,280 --> 00:04:30,920 still pretty blue, so Bitcoin and ETH have stayed pretty blue 87 00:04:30,920 --> 00:04:32,800 throughout all of this. They haven't seen the huge 88 00:04:32,800 --> 00:04:38,520 funding that we saw before, but in all coins you know you're 89 00:04:38,520 --> 00:04:40,480 starting to see funding really start to pick up. 90 00:04:40,640 --> 00:04:43,880 So for example, funding on Solana is at 33%. 91 00:04:44,320 --> 00:04:49,120 Back at the start of this month, it was around 10%, right? 92 00:04:49,560 --> 00:04:52,680 So it's about 3X. Similarly for Bitcoin, I think 93 00:04:52,680 --> 00:04:57,120 it's more like a 2X, but it's at, yeah, eight now, eight then 94 00:04:57,120 --> 00:04:59,840 and now it's at 18. So it's definitely picked up. 95 00:04:59,840 --> 00:05:03,720 It's not crazy and I don't, like I said, I don't think it's a 96 00:05:04,040 --> 00:05:07,080 bearish sign, it just it just leads to more volatility and 97 00:05:07,080 --> 00:05:08,680 it's easier for you to get shaken out. 98 00:05:08,680 --> 00:05:11,080 So you just got to be aware of it, particularly in some of 99 00:05:11,080 --> 00:05:13,640 these old coins, you know when you're like you're funding your 100 00:05:13,640 --> 00:05:17,040 aid alongs, I don't know who's doing that, but at 60% a year, 101 00:05:17,640 --> 00:05:21,720 that's a little bit dicey. Solana, yeah, was at 33, it's 102 00:05:21,720 --> 00:05:24,000 gone all the way up to like 50 over the last couple of days and 103 00:05:24,000 --> 00:05:27,600 you've definitely seen an under performance on on the back of 104 00:05:27,600 --> 00:05:29,360 that. So funding is definitely 105 00:05:29,360 --> 00:05:31,520 something to pay attention to. I think it's more of a sign that 106 00:05:31,520 --> 00:05:35,520 the market's going higher. Efe just has the narrative right 107 00:05:35,520 --> 00:05:41,600 now and I think we I saw yesterday that the the CME open 108 00:05:41,600 --> 00:05:45,000 interest is at the highest level it's been in in a couple of 109 00:05:45,000 --> 00:05:48,080 years or actually all time. I think let me just bring up the 110 00:05:48,200 --> 00:05:53,520 the minutes from today. But that very much feels like 111 00:05:53,520 --> 00:05:57,720 what we saw just before the the Bitcoin ETF right. 112 00:05:57,720 --> 00:06:00,680 Like it's ether's pretty much playing the same playbook that 113 00:06:00,680 --> 00:06:05,840 we saw with with Bitcoin where the CME futures open interest 114 00:06:05,840 --> 00:06:09,920 starts to to spike and starts to hit all time highs and all these 115 00:06:09,920 --> 00:06:13,360 Crowdfire guys start to try and get long ETH and then we see 116 00:06:13,360 --> 00:06:18,160 potential ETF. So I don't think fade that I 117 00:06:18,160 --> 00:06:21,720 think it's very tempting to buy some of these like oh this this 118 00:06:21,720 --> 00:06:24,880 thing's underperformed that thing's underperformed but that 119 00:06:25,280 --> 00:06:29,040 that would be the case if there was like no drivers and it feels 120 00:06:29,040 --> 00:06:32,160 as though ETH now have has a very strong near term driver. 121 00:06:32,720 --> 00:06:34,840 I don't know what you think. Like have you been looking at I? 122 00:06:34,920 --> 00:06:36,800 To be fair, I did buy a little bit of Solana just before the 123 00:06:36,800 --> 00:06:40,000 show went live, but have you been buying anything else or 124 00:06:40,000 --> 00:06:41,440 have you been tempted to buy anything else? 125 00:06:42,120 --> 00:06:44,400 No. Like I've been toying back and 126 00:06:44,400 --> 00:06:45,480 forth. You know obviously have a lot of 127 00:06:45,640 --> 00:06:50,240 ETH that stays on blast right now and that unlocks this month. 128 00:06:50,240 --> 00:06:52,440 So I've been back and forth as to whether keep it to keep it on 129 00:06:52,440 --> 00:06:57,760 there or to move some to Solana. And you know there was maybe a 130 00:06:57,880 --> 00:07:00,960 moment where it just the bit the ETF those weren't great and it 131 00:07:00,960 --> 00:07:04,920 felt like ETF wasn't going to catch that beard and I was 132 00:07:04,920 --> 00:07:06,880 considering moving some of it to Seoul. 133 00:07:06,880 --> 00:07:11,440 But even though Seoul Ether is down quite a lot towards 0.036, 134 00:07:11,440 --> 00:07:14,160 I think I'm probably still going to keep it there because I think 135 00:07:14,960 --> 00:07:18,640 we have until May until the ETF deadline and I just think it's 136 00:07:18,640 --> 00:07:20,280 going to keep rallying until then. 137 00:07:20,280 --> 00:07:23,440 That's not to say that ETH will outperform Solana in the in the 138 00:07:23,440 --> 00:07:25,200 next two or three months. I'm actually not sure on that 139 00:07:25,200 --> 00:07:29,240 but I think ETH plus Blast will outperform Solana in the next 140 00:07:29,240 --> 00:07:30,760 two or three months. That's my that's basically the 141 00:07:30,760 --> 00:07:32,200 bet. I have, yeah. 142 00:07:32,680 --> 00:07:34,640 I think that's. I think that's a fair bet and I 143 00:07:34,640 --> 00:07:38,920 think this is this is kind of what we often see or what is 144 00:07:38,920 --> 00:07:42,880 often seen in bull markets. Bitcoin moves, then if Bitcoin 145 00:07:42,880 --> 00:07:46,840 moves in the final kind of move is is more of the altcoins move. 146 00:07:47,000 --> 00:07:49,240 This one was this one was slightly weird and that Bitcoin 147 00:07:49,240 --> 00:07:50,640 moved and a bunch of alts movement. 148 00:07:50,680 --> 00:07:52,800 ETH didn't move. Now you're starting to see ETH 149 00:07:52,800 --> 00:07:55,440 catch up. I don't think that's necessarily 150 00:07:55,440 --> 00:07:58,160 bearish for altcoins though. I just think that that just puts 151 00:07:58,160 --> 00:08:00,680 off that rally for a little bit longer. 152 00:08:01,920 --> 00:08:06,080 There's no doubt that, you know, if ETH gets to 400, five, $100 153 00:08:06,080 --> 00:08:09,960 billion market cap, you're going to see a bunch of other old 154 00:08:09,960 --> 00:08:12,000 coins below it start to rise as well. 155 00:08:12,000 --> 00:08:15,440 So I think the focus on ETH right now is just something 156 00:08:15,440 --> 00:08:17,760 you've got to accept if you're not in the other things. 157 00:08:17,760 --> 00:08:21,600 I don't think it's a terrible time to buy dips in some of 158 00:08:21,600 --> 00:08:23,800 these alts, but I think if you're looking for something 159 00:08:23,800 --> 00:08:26,000 that's going to outperform over the medium term, the the best 160 00:08:26,000 --> 00:08:30,560 risk reward just seems to this seems to be ETH right now or at 161 00:08:30,560 --> 00:08:35,480 least that's that's what it felt like this the market itself like 162 00:08:36,039 --> 00:08:39,159 we don't know did, did we, did we see anything from the ETFs 163 00:08:39,159 --> 00:08:42,400 already today? No, you you may start to see 164 00:08:42,400 --> 00:08:44,440 some numbers get reported throughout the day, but it's not 165 00:08:44,440 --> 00:08:48,640 really until the end of the, you know around the US market close 166 00:08:48,640 --> 00:08:51,080 when we get the full flow numbers. 167 00:08:51,080 --> 00:08:54,080 So I haven't. Seen anything like sometimes we 168 00:08:54,080 --> 00:08:56,920 see like big tickets coming through from Black, from Black 169 00:08:56,920 --> 00:09:01,200 Rock or tickets tickets. That come through are actually a 170 00:09:01,200 --> 00:09:03,880 day late, like you get the info numbers today and they act on it 171 00:09:03,880 --> 00:09:07,240 tomorrow, so when you see that look looks unchanging, that's 172 00:09:07,240 --> 00:09:09,600 usually actually a day after we get the info numbers. 173 00:09:10,120 --> 00:09:12,320 Makes sense. I do think it was interesting as 174 00:09:12,320 --> 00:09:15,040 all this today, which is that the the Bitcoin holdings on 175 00:09:15,040 --> 00:09:17,920 Coinbase of a lowest level now since 2015. 176 00:09:17,920 --> 00:09:22,200 Remember Coinbase is the custodian or releases the, you 177 00:09:22,200 --> 00:09:26,680 know where a lot of these this buying is happening and there's 178 00:09:26,680 --> 00:09:29,280 a lot of talk about this supply shock situation. 179 00:09:29,280 --> 00:09:34,320 It is that is kind of wild to see how low Coinbase must be. 180 00:09:34,400 --> 00:09:36,160 I mean if you're sitting there at Coinbase, look at that 181 00:09:36,160 --> 00:09:41,120 outflow, there's a, there was an 18,000 Bitcoin outflow over the 182 00:09:41,120 --> 00:09:44,800 weekend and I don't know, I don't think that's ETF related. 183 00:09:44,800 --> 00:09:46,520 I think that's like maybe even slightly different. 184 00:09:46,520 --> 00:09:51,760 So huge, huge outflows and this supply shock thing I think is 185 00:09:51,760 --> 00:09:53,440 something that you can never really be bearish on. 186 00:09:53,440 --> 00:09:56,320 Like we're sitting here going like we are not bearish, but you 187 00:09:56,320 --> 00:09:58,080 just got to appreciate the swings. 188 00:09:58,520 --> 00:10:01,560 I just don't see a world where Bitcoin is not going higher with 189 00:10:01,640 --> 00:10:05,280 with the sort of outflows on Coinbase and and the inflows 190 00:10:05,280 --> 00:10:07,720 going into the going into the ETF. 191 00:10:08,960 --> 00:10:13,160 Yeah, I mean it's like we talked about the other day, like half 192 00:10:13,160 --> 00:10:18,040 of Blackrock's ETF inflows across over 400 of the ETF 193 00:10:18,040 --> 00:10:21,640 products in just one ETF, which is the Bitcoin ETF. 194 00:10:21,640 --> 00:10:25,520 So I I think the inflows are going to keep coming and you get 195 00:10:25,520 --> 00:10:28,160 moments when maybe like the crypto market wobbles a little 196 00:10:28,160 --> 00:10:30,960 bit because funding gets high and we have a long weekend and 197 00:10:30,960 --> 00:10:33,560 people are waiting for the the big inflow and then it never 198 00:10:33,560 --> 00:10:35,160 happens and then leverage gets wiped out. 199 00:10:35,160 --> 00:10:37,800 And then I think we'll keep going higher after that. 200 00:10:37,800 --> 00:10:40,560 But it's just going to be, it's going to be a bumpy Rd. high if 201 00:10:40,560 --> 00:10:43,080 leverage stays high because you're just going to keep seeing 202 00:10:43,080 --> 00:10:44,320 these leverage wipeouts. I think. 203 00:10:44,320 --> 00:10:46,760 And it just, I don't know. It just seems really dumb. 204 00:10:46,760 --> 00:10:50,960 Not dumb, but like, well, yes, dumb to trade on meaningful 205 00:10:50,960 --> 00:10:53,840 leverage right now. Because I think I'm like. 206 00:10:53,840 --> 00:10:56,320 Calling you dumb mate. I'm not calling you dumb, but 207 00:10:56,320 --> 00:10:59,880 I'm just saying like, for people who who are constantly getting 208 00:11:00,080 --> 00:11:04,160 wiped out, like we're sitting here with like one of the best 209 00:11:04,400 --> 00:11:07,160 bull markets ever potentially, and you just have to own some 210 00:11:07,160 --> 00:11:10,400 stuff and spot and just hold and people will end up destroying 211 00:11:10,400 --> 00:11:13,000 their capital from getting liquidated just like you've. 212 00:11:13,000 --> 00:11:14,600 Got to be very, very careful, yeah. 213 00:11:14,600 --> 00:11:16,640 If you use an average, make sure you're buying it on the dips. 214 00:11:16,840 --> 00:11:18,760 I think here there's still a lot of money to be made. 215 00:11:18,960 --> 00:11:21,520 I don't think you should necessarily not use it, but you 216 00:11:21,520 --> 00:11:24,280 can. You need to know when to use it. 217 00:11:24,280 --> 00:11:26,640 I think it's the right, it's the right term in terms of sort of 218 00:11:26,640 --> 00:11:28,560 stuff. Which move is in focus today. 219 00:11:28,560 --> 00:11:30,480 The whole deep in narrative came back strong. 220 00:11:30,480 --> 00:11:34,200 You saw File Coin and Are We which are two kind of OG deep in 221 00:11:34,200 --> 00:11:36,960 coins make a move. There's been a few new ones, and 222 00:11:36,960 --> 00:11:38,560 that's actually a helium move, quite a lot. 223 00:11:39,680 --> 00:11:41,840 And then the big one was, was Starknet. 224 00:11:42,160 --> 00:11:45,920 The Starknet AirDrop I think is happening as we speak. 225 00:11:46,040 --> 00:11:49,920 I thought I saw Tyler put out a tweet, yes, as we were going 226 00:11:49,920 --> 00:11:56,480 live that this thing hit $30 billion FTV, which would easily 227 00:11:56,480 --> 00:12:02,840 make it the biggest. The biggest AirDrop, Yeah, 23 228 00:12:02,840 --> 00:12:04,560 billion, I think it peaked at around 30. 229 00:12:04,560 --> 00:12:09,800 So huge, huge AirDrop there. Obviously I I think I've been 230 00:12:09,800 --> 00:12:12,520 seeing quite a lot of FUD over over time and around this. 231 00:12:12,760 --> 00:12:16,280 I think the users dropped by like by 80% straight after the 232 00:12:16,280 --> 00:12:18,560 AirDrop closed and there was a lot of FUD around it. 233 00:12:18,560 --> 00:12:21,640 But kind of just says that people just want to buy a new, 234 00:12:21,640 --> 00:12:24,080 narrow new coin. I guess it's not really a new 235 00:12:24,080 --> 00:12:25,480 narrative, it's kind of an old narrative. 236 00:12:25,480 --> 00:12:30,120 But 25 billion, I mean that's that's bigger than arbitrary I 237 00:12:30,120 --> 00:12:32,520 think. Yeah, it's wild. 238 00:12:32,520 --> 00:12:35,280 I mean there's a few of these like big ecosystem coins that 239 00:12:35,280 --> 00:12:37,840 are coming now that are like there's going to be multi 240 00:12:37,840 --> 00:12:39,800 billion dollar market caps. You have, you've had just had 241 00:12:39,800 --> 00:12:41,960 this, you're going to have layer zero, you're going to have CK 242 00:12:41,960 --> 00:12:45,480 Sync, like there's some big, big stuff coming this year. 243 00:12:45,480 --> 00:12:48,280 I think it's funny because people will look at the the the 244 00:12:48,320 --> 00:12:50,800 total crypto market cap which will grow a. 245 00:12:53,520 --> 00:12:57,920 Lot 60 million of TVL on stocknet, everyone that is a 246 00:12:58,440 --> 00:13:01,120 that is a $23 billion coin right now. 247 00:13:02,280 --> 00:13:04,880 See how that one goes? Kind of. 248 00:13:04,880 --> 00:13:09,040 It is maybe a bit frothy out there when you see stuff like 249 00:13:09,040 --> 00:13:12,080 that. Yeah, that is, that is wild. 250 00:13:12,080 --> 00:13:14,960 Crazy. That's Solana's at like a $45 251 00:13:14,960 --> 00:13:18,120 billion market cap with all the TVL that it has. 252 00:13:18,120 --> 00:13:20,120 But I know, I know, you can't. It's not comparing light for 253 00:13:20,120 --> 00:13:21,640 like, they're two completely different things. 254 00:13:21,640 --> 00:13:24,560 But. Just thinking about like. 255 00:13:25,880 --> 00:13:29,320 Breaking it down to like extreme basics in terms of like how much 256 00:13:29,320 --> 00:13:32,520 one thing is used versus the other. 100% I think. 257 00:13:33,040 --> 00:13:37,720 I think the main thing is, is this the start net market cap, I 258 00:13:37,840 --> 00:13:41,320 mean you know this from if you've done many like bull 259 00:13:41,320 --> 00:13:44,760 cycles is that the the classic thing is that the FT VS makes 260 00:13:44,760 --> 00:13:46,720 zero sense. People just focus on the current 261 00:13:46,720 --> 00:13:48,200 market cap because that's what you can pump. 262 00:13:48,200 --> 00:13:52,160 So you can get some absolutely crazy FT VS and the the the 263 00:13:52,160 --> 00:13:56,120 market cap of 1.7 billion. I mean that that could be pumped 264 00:13:56,120 --> 00:13:59,680 around whatever. You know this happened with 265 00:13:59,680 --> 00:14:03,200 Worldcom yesterday, Worldcoins worth more than Solana on a 266 00:14:03,200 --> 00:14:06,880 fully deleted market cap. It's kind of it's kind of crazy. 267 00:14:07,800 --> 00:14:11,680 So some of these will increasingly not make sense and 268 00:14:11,680 --> 00:14:16,640 25 billion is high, but it makes me, I guess it makes you even 269 00:14:16,640 --> 00:14:20,520 more bullish for blast, right, Like blast could be you know 270 00:14:20,560 --> 00:14:23,480 could could be kind of silly levels if if they they play the 271 00:14:23,480 --> 00:14:26,520 same playbook. I think so, yeah. 272 00:14:26,520 --> 00:14:30,040 I think I wouldn't underestimate how FTV is just a meme right 273 00:14:30,040 --> 00:14:31,480 now. It's just a meme. 274 00:14:31,480 --> 00:14:34,160 And probably what's more important is actually the 275 00:14:34,560 --> 00:14:37,520 circulating supply. But even that, to an extent, is 276 00:14:37,520 --> 00:14:40,080 a meme as well. It's just like when the coin 277 00:14:40,080 --> 00:14:41,840 comes to did they market it really well? 278 00:14:41,840 --> 00:14:43,400 Did they distribute it really well? 279 00:14:43,680 --> 00:14:47,680 Did they get any FUD? What's the the vibe feeling 280 00:14:47,680 --> 00:14:49,400 like? And if everyone loves it, it 281 00:14:49,400 --> 00:14:51,600 will pump. And if everyone, if someone has 282 00:14:51,600 --> 00:14:55,080 some shade to throw at it, it will, it will go down and then 283 00:14:55,080 --> 00:14:57,240 people just move on to the next thing, it will be whatever it is 284 00:14:57,240 --> 00:15:01,000 will be short lived so. It's kind of numbers. 285 00:15:01,560 --> 00:15:05,160 Yeah, these numbers are just random numbers now really. 286 00:15:05,760 --> 00:15:09,000 They didn't even give out 10%. They gave about about six. 287 00:15:09,000 --> 00:15:10,120 I mean this is the classic thing. 288 00:15:10,120 --> 00:15:14,640 If you can, if you can only give out 5% or maybe 5 to 10%, maybe 289 00:15:14,640 --> 00:15:18,560 5 to 7% in your AirDrop, these FT VS make even less sense. 290 00:15:18,720 --> 00:15:21,480 Like I thought we don't know how much blast is going to be, 291 00:15:21,480 --> 00:15:23,520 right? There's an assumption that it 292 00:15:23,520 --> 00:15:26,200 might be 10, but it could be some of these are five. 293 00:15:26,200 --> 00:15:30,200 So but maybe 5 means you have any more crazy valuation because 294 00:15:30,200 --> 00:15:33,040 people can pump that current market cap even more. 295 00:15:34,240 --> 00:15:36,560 Yeah, this sort of stuff just makes you think that's going to 296 00:15:36,560 --> 00:15:38,000 be bigger. There's a few other big ones 297 00:15:38,000 --> 00:15:42,200 obviously coming in the next in the next few few weeks. 298 00:15:42,200 --> 00:15:45,880 It feels like we already had Pixel yesterday, which is at 299 00:15:45,880 --> 00:15:48,720 nearly 3 billion I think. Let me just double check which 300 00:15:48,720 --> 00:15:53,000 is the is the Sky Mavis game which is, which is kind of gone 301 00:15:53,120 --> 00:15:55,440 absolutely insane. This is it. 302 00:15:55,440 --> 00:16:02,040 Yeah, 2.5 billion. That's the new Axiomfinity game. 303 00:16:02,240 --> 00:16:04,280 That's that's a 2.6 billion. I think there's going to be a 304 00:16:04,280 --> 00:16:07,920 few of those few of those over the next couple of days anyway. 305 00:16:07,920 --> 00:16:10,760 Yeah that that's gone wild and and just another sign that we're 306 00:16:10,760 --> 00:16:14,320 we're kind of in a frothy period here for what's going on. 307 00:16:15,120 --> 00:16:18,760 The the other thing I saw today was was SPF have you seen this 308 00:16:18,760 --> 00:16:24,440 photo of SPF two in the rounds. So Tiffany Fong, who is kind of 309 00:16:24,480 --> 00:16:29,080 a kind of a like friend I feel like of SPF, did a bunch of 310 00:16:29,080 --> 00:16:34,560 interviews with him through his through his incarceration period 311 00:16:34,560 --> 00:16:36,240 and maybe even just before that as well. 312 00:16:36,560 --> 00:16:39,680 There's a photo that's emerged of SPF in jail. 313 00:16:41,720 --> 00:16:44,560 Spot the odd one out. I feel like on this on this line 314 00:16:44,560 --> 00:16:50,320 up he there's report. I think the report was that he's 315 00:16:50,320 --> 00:16:54,560 more gangster than Takeshi 69. What do you think of him here? 316 00:16:55,080 --> 00:16:56,800 He's going to be in there for a long long time. 317 00:16:56,840 --> 00:16:59,280 But this is you don't fuck with that crew, right? 318 00:17:00,720 --> 00:17:01,880 You know what this reminds me of? 319 00:17:01,880 --> 00:17:05,839 It's like you have like a a film about a heist or something and 320 00:17:05,839 --> 00:17:08,200 you have all these like gangsters who are there like, 321 00:17:08,599 --> 00:17:10,599 you know, like breaking the doors and and that kind of like 322 00:17:10,599 --> 00:17:11,720 driving the gateway vehicle and stuff. 323 00:17:11,720 --> 00:17:14,480 And you have that one like nerdy guy who's like the hacker who 324 00:17:14,480 --> 00:17:16,319 like takes down the camera systems and stuff. 325 00:17:16,319 --> 00:17:18,839 Like that's what he looks like here. 326 00:17:19,640 --> 00:17:21,760 What are the challenges you think of SPF of breaking out of 327 00:17:21,760 --> 00:17:24,400 jail like he he I know what you mean. 328 00:17:24,400 --> 00:17:26,720 It does feel like a movie, and it does feel like he's like 329 00:17:26,720 --> 00:17:30,160 hacking the system to make sure all of him and all his mates get 330 00:17:30,160 --> 00:17:34,000 out of jail. He looks proper unhealthy there, 331 00:17:34,000 --> 00:17:35,800 doesn't he? Like because he put, he 332 00:17:35,800 --> 00:17:39,720 obviously put on a lot of weight when he was, you know, right 333 00:17:39,720 --> 00:17:42,200 before he got found out. But look at how skinny his arms 334 00:17:42,200 --> 00:17:45,080 are there. Apparently he's not showering. 335 00:17:45,160 --> 00:17:48,360 That's what I was the other thing that was put in here, so 336 00:17:48,360 --> 00:17:51,280 not going to make any assumptions there, but not 337 00:17:51,280 --> 00:17:55,400 showering is the other thing. So SPF not known for being 338 00:17:55,400 --> 00:18:00,440 perhaps the the cleanliest man is is now going even worse. 339 00:18:00,440 --> 00:18:03,720 But FTXI guess someone's getting their money back. 340 00:18:03,720 --> 00:18:06,000 But still, it's kind of funny. I feel like he's still going to 341 00:18:06,000 --> 00:18:09,280 be a figure looming over crypto for like the next 20-30 years. 342 00:18:09,280 --> 00:18:11,400 Like whatever the fuck happens, I think he's he hasn't been 343 00:18:11,400 --> 00:18:13,040 sentenced yet. So we we still don't know how 344 00:18:13,040 --> 00:18:14,880 he's going to be in full. But I think there was a Poly 345 00:18:14,880 --> 00:18:16,720 market. Actually, I was checking this 346 00:18:16,720 --> 00:18:20,880 out the other day on how many years he gets in prison. 347 00:18:22,320 --> 00:18:29,400 Let's be able to see if we can find it. 50 years, 2424% chance 348 00:18:29,400 --> 00:18:33,000 he gets over 50 years. So people think he's going to 349 00:18:33,040 --> 00:18:35,600 get a lighter sentence here, it seems. 350 00:18:37,840 --> 00:18:42,080 Anyway, yeah. And then let's go on to what's 351 00:18:42,080 --> 00:18:45,200 been going on in in case you. Don't remember Sam Bateman Free? 352 00:18:45,960 --> 00:18:47,440 OK so you don't remember Sam Bank, we're free. 353 00:18:47,440 --> 00:18:49,400 We do what's been going on in FTS. 354 00:18:49,440 --> 00:18:51,880 So we spoke about what's been going on in some of these, some 355 00:18:51,880 --> 00:18:55,480 of these coins. But there was a big move in a 356 00:18:55,480 --> 00:18:57,200 bunch of different FT projects yesterday. 357 00:18:57,200 --> 00:19:01,760 We've gone to digens, rec guy being one of them, rec guy, 358 00:19:01,760 --> 00:19:07,000 sappy seals, world of women, even Moonbirds like it's been 359 00:19:07,560 --> 00:19:10,960 decent period for that mid tier index you might say, but 360 00:19:11,640 --> 00:19:14,520 definitely feels like a slightly better period here for a bunch 361 00:19:14,520 --> 00:19:17,680 of different NFT projects. What what do you think this 362 00:19:17,680 --> 00:19:20,000 continues do you think it's a strong period now for NFTS? 363 00:19:20,000 --> 00:19:22,600 Feels like a lot of people kind of returning and and looking at 364 00:19:22,600 --> 00:19:24,240 a lot of a lot of different things at the moment. 365 00:19:24,880 --> 00:19:27,960 Retkai just knowing that from being part of that project just 366 00:19:27,960 --> 00:19:30,000 feels as though people are starting to feel much more 367 00:19:30,000 --> 00:19:31,600 bullish around things around NFTS. 368 00:19:32,520 --> 00:19:36,720 Yeah, I think the, I think the tide is starting to come back 369 00:19:36,720 --> 00:19:41,040 towards NFTS. ETH is now back in focus again 370 00:19:41,040 --> 00:19:45,560 because Ethereum is doing well, well, each price section is 371 00:19:45,560 --> 00:19:49,240 doing well and you have, you had a few big sales, you had the big 372 00:19:49,240 --> 00:19:53,160 Autoglyph sale, you've had a few big punk sales, Hodgy Penguins 373 00:19:53,160 --> 00:19:58,640 are doing well, which you know get gets some some wealth back 374 00:19:58,640 --> 00:20:02,640 into the ecosystem. And I think there are a handful 375 00:20:02,640 --> 00:20:06,720 of projects from the 2021 to 2022 era where the communities 376 00:20:06,720 --> 00:20:08,800 have been kept alive and they're still thriving and they're still 377 00:20:08,800 --> 00:20:12,280 very strong. And who they haven't really had 378 00:20:12,280 --> 00:20:15,880 much fun or haven't tripped up that much and those seem to be 379 00:20:15,880 --> 00:20:20,440 coming back into focus as well. So it's nice to see some capital 380 00:20:20,440 --> 00:20:23,760 activity flow back into NFTSI think we're still not fully 381 00:20:23,760 --> 00:20:26,040 there yet for like a proper NFT bull market. 382 00:20:26,040 --> 00:20:28,840 I think we still need to see crypto get back towards all time 383 00:20:28,840 --> 00:20:31,280 highs, but we're certainly on our way. 384 00:20:31,280 --> 00:20:34,840 It could be, could well be the the very start or beginning of a 385 00:20:34,840 --> 00:20:37,240 run up in NFTSI think because you're still you are seeing 386 00:20:37,240 --> 00:20:40,040 those big sales, big sales for me shows as capital coming back 387 00:20:40,040 --> 00:20:44,360 into NFTS and we've had a handful of them some from 388 00:20:44,360 --> 00:20:48,960 Sotheby's auctions and and the three AC stuff we're now seeing 389 00:20:48,960 --> 00:20:50,760 like bigger, bigger you know bigger prints. 390 00:20:50,760 --> 00:20:52,920 There's a lot of speculation on the alien punk that's listed 391 00:20:52,920 --> 00:20:55,800 right now. So once those start turning 392 00:20:55,800 --> 00:20:59,040 over, I think it restores confidence in NFTS again and 393 00:20:59,040 --> 00:21:03,560 people are more willing to spend capital and and get those bigger 394 00:21:03,560 --> 00:21:05,880 tickets and then I think everything else starts to rally 395 00:21:05,880 --> 00:21:07,200 again as well. It's still tough to judge. 396 00:21:07,200 --> 00:21:09,880 You know, will old projects rally, will new projects rally, 397 00:21:09,880 --> 00:21:11,440 how, how will that stuff play out? 398 00:21:11,440 --> 00:21:16,000 And even though NF TS have been around for seven years, it kind 399 00:21:16,000 --> 00:21:19,400 of feels like this is the first, this is like the first real 400 00:21:19,400 --> 00:21:22,800 second, first, real second cycle, if that makes sense since 401 00:21:22,800 --> 00:21:26,880 the last one because last NFT market cycle was like a actual 402 00:21:27,160 --> 00:21:29,360 real market, very active with a lot of volume going through 403 00:21:29,360 --> 00:21:31,080 compared to any time before that. 404 00:21:31,080 --> 00:21:34,880 So it will remain to be seen how you know how stuff will will 405 00:21:34,880 --> 00:21:38,240 play out. I know we have an arcade AirDrop 406 00:21:38,240 --> 00:21:40,400 coming tomorrow for a bunch of different collections. 407 00:21:40,480 --> 00:21:43,120 There was also this sinker style thing, which I think they're 408 00:21:43,120 --> 00:21:45,600 doing an AirDrop. I saw people point at that, like 409 00:21:45,600 --> 00:21:47,760 why us? And sappy seals move a little 410 00:21:47,760 --> 00:21:50,720 bit, But what is that again? That's the is that the D5 thing? 411 00:21:51,040 --> 00:21:53,800 That two point. OK, great. 412 00:21:53,800 --> 00:21:56,040 Yeah, yeah, be careful on that one. 413 00:21:56,040 --> 00:21:59,360 But yeah, there's an air drop there, which I think was driving 414 00:21:59,360 --> 00:22:04,080 some of the interest and they knew you mentioned you jumped 415 00:22:04,080 --> 00:22:06,360 ahead. What was going on in Autoglyphs? 416 00:22:06,360 --> 00:22:11,760 So 10 Autoglyphs. Now Autoclyphs come in a set 417 00:22:11,760 --> 00:22:15,440 set. I think only Lava Labs and maybe 418 00:22:15,440 --> 00:22:18,360 Seed Phrase owns a full set, right. 419 00:22:20,120 --> 00:22:24,760 And one of those sets sold yesterday, it looked like it was 420 00:22:24,760 --> 00:22:29,640 brokered by who was it. There was like a brokerage that 421 00:22:29,640 --> 00:22:31,760 went to backed by Fleming. Good. 422 00:22:31,760 --> 00:22:34,960 I forget the name of the broker, but yeah, they moved 10 million, 423 00:22:35,920 --> 00:22:38,360 sorry, 10 autoglyphs for 14 and a half million. 424 00:22:38,360 --> 00:22:42,440 So what do you think of that as a deal? 425 00:22:44,160 --> 00:22:48,320 Yeah, it's a punchy buy, but you know, we heard about there being 426 00:22:48,320 --> 00:22:52,440 bids of higher than that a few years ago, three years ago for a 427 00:22:52,480 --> 00:22:54,880 full set of autoglyphs. It's very hard to obtain a full 428 00:22:54,880 --> 00:22:55,600 set. I think. 429 00:22:56,440 --> 00:22:58,520 I think it was Nate Alex that put out a tweet. 430 00:22:58,800 --> 00:23:02,360 Earlier today. Yesterday, which said, you know, 431 00:23:02,360 --> 00:23:05,480 even back when Autoglyph first came out and we're probably 432 00:23:05,480 --> 00:23:09,280 trading at a few $100, even back then it was, he said it was very 433 00:23:09,280 --> 00:23:11,920 hard still to compile a full set. 434 00:23:12,520 --> 00:23:16,640 So I think that shows you how important a full set of 435 00:23:16,640 --> 00:23:19,760 autoglyphs is right now because if it was that difficult back 436 00:23:19,760 --> 00:23:22,400 then when it when this thing first came, it's probably 437 00:23:22,400 --> 00:23:25,160 basically impossible right now. And that's the that's just the 438 00:23:25,160 --> 00:23:27,280 growing price for it. So yeah, I think see, I believe 439 00:23:27,280 --> 00:23:30,440 see Face still has his and he has what they call the bear 440 00:23:30,440 --> 00:23:32,080 Autoglyph. The one there's one that looks 441 00:23:32,080 --> 00:23:35,680 like a bear, which I think is a bit more iconic than this one. 442 00:23:35,680 --> 00:23:40,400 But yeah, I mean you know, this is, this is like a $50 million 443 00:23:41,000 --> 00:23:45,280 NFT acquisition by mysterious buyer, so. 444 00:23:45,280 --> 00:23:47,840 Is that the? Is that the ultimate NFT flex? 445 00:23:47,960 --> 00:23:50,360 You think so? That's the bear glyph, isn't it? 446 00:23:50,720 --> 00:23:54,480 Yeah, that's the bear glyph. Yeah, Yeah, it's it's definitely 447 00:23:54,480 --> 00:23:56,840 one of them. Like as far as collections go, I 448 00:23:56,840 --> 00:24:00,160 don't think there's anything that has a higher floor price 449 00:24:00,520 --> 00:24:02,720 with regards to collection than autoglyphs do. 450 00:24:02,720 --> 00:24:07,880 I know there's only 512 of them but you know this is the the the 451 00:24:08,000 --> 00:24:11,680 the main feature about this is it's the first ever piece of 452 00:24:11,680 --> 00:24:14,960 artwork that was on chain for Ethereum. 453 00:24:14,960 --> 00:24:17,920 Like it's actually the data is actually stored on chain and 454 00:24:20,400 --> 00:24:23,680 it's lava Labs is pretty iconic given the their history in the 455 00:24:23,680 --> 00:24:26,320 space. So it's like a really early NFT 456 00:24:26,320 --> 00:24:28,720 that I think has a lot of meaning that kind of arguably 457 00:24:28,720 --> 00:24:30,480 maybe even kicked off some of this movement. 458 00:24:31,920 --> 00:24:35,520 So yeah, it's definitely I think one of the biggest anti flexes 459 00:24:35,520 --> 00:24:37,360 you can have out there and and it's really tough to own like if 460 00:24:37,360 --> 00:24:40,000 you want to own I guess. You can just tell us about the 461 00:24:40,000 --> 00:24:41,440 Cabal. Are you in like a autoglyph 462 00:24:41,440 --> 00:24:42,200 chat? Is there? 463 00:24:42,200 --> 00:24:45,280 Is there like a a chat where you would talk about autoglyphs if 464 00:24:45,320 --> 00:24:47,000 there is? Please let me know because I'm 465 00:24:47,120 --> 00:24:48,520 I'm not in. It now I. 466 00:24:48,760 --> 00:24:49,400 Mean. I don't know. 467 00:24:49,840 --> 00:24:52,040 Yeah, full cabal situation going on there. 468 00:24:52,520 --> 00:24:53,640 I think that's the thing about Autoglyph. 469 00:24:53,680 --> 00:24:55,960 It isn't like one of these things where there's a cabal or 470 00:24:55,960 --> 00:24:58,680 an inside group. It's just like this piece of art 471 00:24:58,840 --> 00:25:01,680 that some people own. I don't even really know that 472 00:25:01,680 --> 00:25:06,160 many people that own it other than like the well known people. 473 00:25:06,160 --> 00:25:09,000 So there isn't, there's no Autoglyphs community. 474 00:25:09,000 --> 00:25:11,000 There's nothing like there's no there's none of that stuff. 475 00:25:11,000 --> 00:25:15,160 It's just a fucking thing. But you can see why maybe some 476 00:25:15,160 --> 00:25:17,560 traditional people want to actually own it and buy it, and 477 00:25:18,000 --> 00:25:21,000 I wouldn't be surprised if this buyer had some kind of a 478 00:25:21,000 --> 00:25:23,400 traditional background. Oh, for sure. 479 00:25:23,400 --> 00:25:25,440 Who do we think it is? You think it's like one of these 480 00:25:25,440 --> 00:25:27,440 hedge run guys that we've heard Bynes? 481 00:25:27,440 --> 00:25:29,520 On the other No, it's not one of them. 482 00:25:29,520 --> 00:25:32,200 I think I know who it is. Really. 483 00:25:32,640 --> 00:25:34,600 Yeah. It would tell me in the DMS, 484 00:25:35,680 --> 00:25:37,160 these, these look good though, right? 485 00:25:37,160 --> 00:25:38,440 Don't they? I like these. 486 00:25:38,440 --> 00:25:39,880 Every single one of them. I was like, yeah, these are 487 00:25:39,880 --> 00:25:41,760 good. Yeah, these ones are really good 488 00:25:41,800 --> 00:25:42,640 apart. Yeah. 489 00:25:43,200 --> 00:25:44,880 Makes my one look really shit. Actually, I. 490 00:25:46,440 --> 00:25:47,440 Was about to say. I looked at yours. 491 00:25:47,440 --> 00:25:49,280 I was like, wow, like these look really good. 492 00:25:49,360 --> 00:25:51,640 And then? I like the fact that mine 493 00:25:51,640 --> 00:25:53,440 doesn't look good. It's like one of those things, 494 00:25:53,440 --> 00:25:56,640 right? It's like, so shit is good. 495 00:25:57,040 --> 00:25:59,760 So shit is good. Yeah, put it at Sotheby's. 496 00:26:01,120 --> 00:26:02,600 So what is what is the floor price now? 497 00:26:02,640 --> 00:26:09,840 I mean, so ten of these went for 15,000,000, so that was that 1.5 498 00:26:11,120 --> 00:26:12,760 per glyph. Yeah. 499 00:26:13,280 --> 00:26:15,480 Yeah, which is obviously higher than the floor. 500 00:26:15,480 --> 00:26:17,480 Like what's the floor? What's the floor? 501 00:26:17,840 --> 00:26:21,440 250 ETH right now. So that's like 750 grand. 502 00:26:22,160 --> 00:26:23,160 Yeah. Wow. 503 00:26:23,640 --> 00:26:24,960 And where did you buy it for again? 504 00:26:24,960 --> 00:26:28,640 Where was it in the bear? I bought it for I bought mine 505 00:26:28,640 --> 00:26:33,640 for 1:50 when ETH was like 1700 I think. 506 00:26:34,120 --> 00:26:37,080 OK, so it's done about 3X since. Then like that, yeah. 507 00:26:37,960 --> 00:26:42,720 OK, wow, I guess. Yeah, I guess. 508 00:26:43,880 --> 00:26:44,840 Grails. Grails. 509 00:26:44,840 --> 00:26:48,400 You meant to buy Grails in the Bear although you just don't 510 00:26:48,400 --> 00:26:50,640 really know which ones they're they're going to be sometimes. 511 00:26:50,640 --> 00:26:55,240 But yeah that's been a that's been a crazy crazy trade and I 512 00:26:55,240 --> 00:26:58,000 think that was that was it kind of for for NFTS like I said a 513 00:26:58,000 --> 00:27:02,640 bunch of middle tier stuff was was running and then in in terms 514 00:27:02,640 --> 00:27:05,000 of the AirDrop stuff we've already kind of spoken about it 515 00:27:05,000 --> 00:27:09,080 but the blast Big Bang announcement which is the 516 00:27:09,080 --> 00:27:11,640 projects which I think they're going to like help fund right 517 00:27:12,200 --> 00:27:14,240 that is now going to be ending on Friday. 518 00:27:14,480 --> 00:27:16,800 Have you been looking I know you're deep inside this 519 00:27:16,800 --> 00:27:18,960 ecosystem anything that you think is interesting. 520 00:27:18,960 --> 00:27:20,960 Well, I what What are people focused on? 521 00:27:22,640 --> 00:27:24,320 For blast. Yeah. 522 00:27:24,320 --> 00:27:27,200 Like what are the what are the projects that that that because 523 00:27:27,400 --> 00:27:29,600 it's going to be like a voting process, right? 524 00:27:30,040 --> 00:27:33,520 There's a lot of projects. They had 3 / 3000 applications 525 00:27:33,520 --> 00:27:36,960 into this thing and I think it's broken down by, yeah, there's 526 00:27:36,960 --> 00:27:39,680 some meme coins, there's some social projects, there's 527 00:27:39,680 --> 00:27:42,120 obviously the infrastructure stuff, deck stuff, etcetera. 528 00:27:42,600 --> 00:27:46,400 So there's a lot. It's it's tough to judge which 529 00:27:46,400 --> 00:27:50,040 things will be the things to buy because the obvious thing, you 530 00:27:50,040 --> 00:27:51,640 know in your head, you're like, OK, I'm going to get, I'm going 531 00:27:51,640 --> 00:27:53,360 to make sure I don't miss Blast. I'm going to go into the blast 532 00:27:53,360 --> 00:27:55,360 because Rich and ETH over there and just buy everything in 533 00:27:55,360 --> 00:27:56,880 blast. But then you realize it's 534 00:27:56,880 --> 00:27:58,320 probably going to be like a ton of coins. 535 00:27:58,880 --> 00:28:02,480 So I don't know, like, I think I'm only aware of like a handful 536 00:28:02,480 --> 00:28:05,920 of meme coins that might be like one of the easier low IQ plays 537 00:28:05,920 --> 00:28:07,640 where you just don't really have to think about the actual 538 00:28:07,640 --> 00:28:10,120 product. And by law of numbers, you can 539 00:28:10,120 --> 00:28:13,760 probably just buy like two or three of the early ones and and 540 00:28:13,760 --> 00:28:18,000 make some money on that. But yeah, and it's tough to 541 00:28:18,000 --> 00:28:20,240 really know what to look at because we haven't been able to 542 00:28:20,240 --> 00:28:21,880 use mainnet yet. So you don't really know. 543 00:28:21,880 --> 00:28:24,320 It's just kind of like you see all these projects and all these 544 00:28:24,320 --> 00:28:25,720 projects and stuff and you know what's out there. 545 00:28:25,720 --> 00:28:28,240 You know, you can kind of guess what there's going to be based 546 00:28:28,240 --> 00:28:31,520 on what other chains have had, but without being able to use 547 00:28:31,520 --> 00:28:34,520 things and, you know, test the UI and see what works and what 548 00:28:34,520 --> 00:28:38,880 doesn't work is kind of unclear to know what to actually what to 549 00:28:38,880 --> 00:28:40,880 actually buy. Yeah, I just didn't have anyone 550 00:28:40,880 --> 00:28:42,280 done like a summary of at the top. 551 00:28:42,360 --> 00:28:47,360 I know, I know bankers did, but I just didn't know if anyone was 552 00:28:47,360 --> 00:28:49,600 had like shifted through them. I agree it's it's kind of a 553 00:28:49,600 --> 00:28:53,160 crazy amount of different projects which are going for it. 554 00:28:54,200 --> 00:28:57,320 But I guess the ones that get chosen, they could really go 555 00:28:57,320 --> 00:28:58,680 wild, right? It does feel like this is going 556 00:28:58,680 --> 00:29:02,800 to have a like a nice Ponzi element to it that we like 557 00:29:02,800 --> 00:29:06,440 during a bull market. Yeah, yeah, I think so. 558 00:29:07,040 --> 00:29:09,280 So yeah, look out for that on Friday, I think. 559 00:29:09,440 --> 00:29:11,520 Do you know who's, who's voting? Are you part of the voting 560 00:29:11,520 --> 00:29:13,160 committee? No, I wasn't. 561 00:29:13,280 --> 00:29:16,000 Sadly, I wasn't invited. So I will not be part of the the 562 00:29:16,000 --> 00:29:18,720 voting committee. It'll just be a bystander. 563 00:29:19,880 --> 00:29:22,320 That really sucks. OK, cool. 564 00:29:22,320 --> 00:29:23,880 So let's see. Yeah, well, guess we'll find out 565 00:29:23,880 --> 00:29:26,160 on Friday. I don't think there's anything 566 00:29:26,160 --> 00:29:28,920 else on air drops. I think we've covered FTS crypto 567 00:29:28,920 --> 00:29:31,040 macro. So I think that's that's kind of 568 00:29:31,040 --> 00:29:35,000 everything covered for today guys like we, I think Farrok is 569 00:29:35,000 --> 00:29:38,080 going to be back to tomorrow. But yeah, we are we doing 570 00:29:38,080 --> 00:29:40,160 anything with Robit today? Are we giving away any money 571 00:29:40,160 --> 00:29:42,840 since? Nothing today, but we'll be 572 00:29:42,840 --> 00:29:47,560 ripping. 20K ends tomorrow and Farrok comes back and and and 573 00:29:47,560 --> 00:29:50,080 takes all the glory. So yeah no money from us either 574 00:29:50,080 --> 00:29:51,480 today. I'm really sorry about that. 575 00:29:51,480 --> 00:29:55,040 I hope you got some value from having our our conversation and 576 00:29:55,040 --> 00:29:57,440 I guess we will speak to you tomorrow. 577 00:29:57,640 --> 00:29:58,360 Cheers for tuning in.