Yo-yo, yo, what up, what up? Good morning, Good morning, GMG.
Thursday, Thursday, baby. September September 26th, 2020.
Whoa, Speaking of four, I mean down.
It's what 3 or 4 days until he's out?
Oh, yesterday was four. I saw that post of Marriott.
It'll be a beautiful day to have a beautiful day.
Another day in paradise. I got my Co host in the house,
Tyler, Tyler. Tyler, how you doing today?
Good morning. I'm doing fantastic.
The the boards, they are green. Markets are pumping.
I went to Kygo last night. Little concert, little midweek
concert. It was.
It was awesome. Awesome show.
What's the Kygo? The Kygo?
The DJ? Yeah.
What? Where was it?
It was at like it's called the Northerly Islands.
So it's it's a little pavilion right by the lake.
Nice Chicago. Very cool.
Nice seeing, great show so if he comes to your town I highly
recommend it if you like Kygo. I love that.
I I absolutely love that. Yeah, Kygo was good.
Kygo, I remember Kygo can't believe this.
He's still around. It's crazy.
He's in like, and there's a remember Kygo was like masses
like at some point it's blowing up, blowing up.
He's mainstream. He's like mainstream, like
Cooper, a house now. But guys make so much money
DJing. I saw Kygo once.
What was it this like party in Hampton or something?
Like it's like festival, big music festival we're invited to
at some point. Anyways, it was a lot of fun
today on the show. Yeah.
Oh, someone said Kygo Firestone was my wedding song.
Look at that. It's one of my favorite songs,
one of my absolute favorite. Songs look at that play it now,
but we're gonna get DMC it on YouTube.
So maybe let's avoid that. But yes, we do.
We do love the Kygo. What's your favorite Kygo song?
Kygo. I see a fire visor beat for the
fire remix yeah, that was a good one.
What what's y'all's favorite Kygo song?
Write to us in a comment on tube and on stream because of course
we are live on video for episode 206 of FOMO hour.
Let me just post this broadcast real quick.
But anyway, today on the show today on the show.
I think Mendo should be joining us right anyways, market report
as usual, we'll go over everything.
Everything is green. You absolutely love to see it.
Tyler's top 100. I mean, at this stage, I mean, I
may as well, you know, get the top 100 right at the top of the
show because Tyler is going to have too much stuff to talk
about from here on out. I feel it.
That's just how it is like from here for the next 12 months.
Tyler, you and you know, you know it.
It's just going to be like like the minutes are going to become
essays every morning and then and then and then last but not
least, this show is powered by galaxies.
OK, hold on. I got a new I got a new read for
that one. Are you guys ready for it?
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So check them out. Galaxies XYZ on X, boom, bang,
bada boom bang. Tyler, Tyler, Tyler, Tyler.
Let's start with you and then we'll talk.
Marcus, Amanda, what do you have for us today?
Yeah, our top story out of PayPal.
So PayPal announced that U.S. business accounts can now buy,
hold and sell crypto directly within their PayPal accounts.
That is a big move from just having a consumer base.
So now they're open to businesses.
Athena is launching a new stablecoin, USTB, backed by
Blackrock's Biddle token and in partnership with securitized
A16Z made his first investment in the D size sector.
I actually haven't heard of this sector before.
Decentralized science in a biobank platform called Ambulo
Chain. So that was an interesting one.
Infinex has finished a $65 million race for its decks via
its patron in AT sale then Mark Cuban.
This is some big news out yesterday.
He said he is open to Bing. The head of the SEC under a
Kamala Harris administration and protocol is BLAST announced that
its new global deposit layer will allow deposits to any blast
address or adapt from any sex or Fiat on ramp.
Fancy Top has pulled in $200,000 and that is closed this month as
the app moves into sustainability.
Layer 0 activities jumped over 400% since their latest AirDrop
announcement. Hamster combat.
They shared a a pretty major upcoming road map update ahead
of their token AirDrop, including token buybacks.
The integration of NFTS in the launch of a progressive web app.
In memes folks, the meme coin majors are very green.
Mid tier leaders are up even more, up 30 to 40%.
Moon day. Moon day on a new mission
reached 120 million after being featured in another Beeple every
day and then it's beta pesto jumped 250 percent, 23 million
after features from Walmart, the New York Post and also featured
in that Beeple and the NFTS. Even runes are pumping.
Memecourse are pumping so hard that even runes are catching a
bed. Dog up 20% to 350 million.
Pups up 40% on of the day. So many of team news as well
here. So bored.
Age partnered with the MLB and Improbable for a Major League
Baseball middle first experience.
That was an interesting surprise.
Pudgy Penguins partnered with Harala Bob's club CD Castile.
On the CD Castillo because I saw.
OK, so that's Bob's. Damn, I love that.
Indeed. And then he's their their final.
Do this too. On track coming this Friday.
Wait, Dudas owns Doodles? That was.
My that was just my last update. Sorry, sorry.
I didn't. I I heard Dudas.
I was like, wait, Dudas also owns this thing.
Oh, my God. I don't think so Dark here, man.
It's so dark here. Look at this.
It's fucking 10:00 AM. Yeah.
It's too dark for 10:00 AM look. At this, look at this, I'm like,
it looks. Yeah.
Mando, what's up? Mando?
Good morning. Or is it good night?
I don't fucking know what time it is anymore.
How you doing? It's sunny than that here, I can
tell you that. Oh my God, yeah, I woke up this
morning, dude. Like I get it like that we're
officially in the fall. Like it doesn't mean that we
can't like hello. Is there anyone out there?
It's crazy, man. I think Montreal is broken this
morning, lads, and Montreal is broken.
But tell you, I'll tell you what's not broken.
I'll tell you what's not broken. It's just market.
I mean, damn, that's that's definitely for sure.
You know what we're going to we're going to go back to your
to the to the to the your topics in the minute here, Tyler.
There's a bunch and I really might feel with PayPal.
I was I was trying to write about yesterday.
It was so big. It's crazy how many moves PayPal
has done and is doing in the space.
I mean, damn, we should we should work with PayPal.
Look at that. But Mando Mando, how you doing
this? Morning, busy morning but good
good. I need to drink a lot of water.
I love that it's true because we said this morning, but like it's
like 4:00 PM for you every day for the show.
It's like you, you really have this show right in the middle of
the fire this time effort because we wake up to the show.
You wake up, I mean, Ty wakes up like 4:00 in the morning, but
you know, I wake up to the show. You're just straight, you're
like already on fire by the time 4:00 PM hits.
To be fair, I don't normally start work till like till
10:00-ish, but well, 930. But yeah, it's I guess I wake up
and I do stuff as well. I'm basically yeah, working the
whole time, but I. Basically work every hour.
Today I can relate to them. I would say I'm more similar to
two US hours though for sure. Yeah, for sure.
I mean, you guys in Europe have to work later.
So the morning is so chill though.
You can go to the gym, you can wake up when you want, you can
do your thing, you know, you can, you can you walk, walk the
dog, etcetera, etcetera, etcetera.
But anyways, Meadow, I won't talk about this market right now
because we are, I'm literally looking at green candles on
green candles on green candles quickly.
And then we'll go back to Tyler's top 1000.
It's like it's officially top 1000 now, Tyler.
But Meadow, tell us what you got.
Who is the main macro daddy of the land?
Can you dig it? Yeah, GM, everyone.
So looks like another very, very strong day.
Everything hitting all time highs in general.
Macro, gold stocks all hitting all time highs.
You had China unveil even more stimulus measures this morning.
Looks like they're going to be pumping into banks another $140
billion. So huge amount of global
liquidity going in. You had oil coming lower, you
had the job. Jobless claims actually coming
in slightly better than expected.
So the US economy again, looking stronger than was initially
thought. And everyone is getting bullish
over a ton of different things even in tech as well, like
Tesla's hitting multi year highs at the moment.
I think Meta hit an all time high yesterday.
They unveiled some new heck yeah.
We had some stuff about open AI obviously moving to be for
profit. But risk on for sure risk on at
the moment everything is just pumping, pumping higher.
Bitcoin is approaching the 65K level.
If we break on top of that, that would be the that would be the
moment to look at and be like, well, we're now hit that high,
high. We are very, very close to that
at the moment. We're actually at 64800 at the
moment. So very, very slightly below.
If we breakthrough that, I would like to see us think we could
push on here and and go to like maybe close to like 6667 K and
that would be a that would be a really nice little spot to be
in. Yeah, it definitely would.
And and that's moved to pretty much everything, right?
Like so Bitcoins higher, all the major mean coins have gone
higher. ETH is still underperforming but
Solan is doing OK. I would still say as an altcoin.
The other L ones are still kind of.
Oh, come on, you, you really turn to Solan a hater?
Dude, there's no chance you really keep saying that.
I no, I'm not letting my my back catch another.
Straight day. Every day you come on the show
and you're like, ETH is great because now you flip bullish ETH
and like, yeah, but someone is not so good.
I I got out of my straightaway I was like why do I own EI got a
little bit where it went up to 606550.
Not today, not. Today I should just move that.
So I've just been buying Pepe. So why would I own ETH when I
should just own Pepe? It's so good, right?
I was actually looking at Pepe when you were talking about the
market. I mean, look at this.
It's incredible. Exactly, like why would you own
ETH when you can own Pepe? So that was my Pepe.
ETH is a gas fee for MOG and Pepe right?
Gas token? I'm I'm fucking with you but
it's true. You and OV both keep telling me
my solana bags are not doing as good compared to the L ones.
I'm not going to hear anymore. They're not my bags.
I don't have to listen to me. I'm kidding.
I fucking love you dude. Anyways, we're looking good at.
Least Sui doesn't look like it's going well.
It's kind of hell. It's not looking as good.
Tao and Sui, which are the two really hot ones, they've both
kind of stalled and you've seen it move to everything else.
Phantom was the big runner today, which has been, it's on a
bit of a tear. Looks like it's heading towards
$1.00. That's at $0.70 right now.
Yeah, I would say that's probably the hottest L1.
And then it was meme coins. So Pepe had a big move, Mog had
a big move, top cat like all the top meme coins are all doing
very, very well and that's super good for everything else in the
pyramid, let's say. So when the top meme coins run,
the the smaller ones can all absolutely soar.
Yeah, strong period again. Yeah, for a lot of these D5
coins as well though, right? Like so Rune Rune's been on a
bit of a run for a while here near I guess is again another L1
that's been doing well. AI coins still feel very, very
hot. I'm still, I still think Tau is
a good buy. I'm thinking about buying some
of that one. Like I do think I'm not like a
huge believer in it, but I just think AI feels like it's going
to keep on going and I'm looking for looking for trades now.
It's actually it's actually what was the statistic?
Did you guys see this tweet from from Nick Tomato saying that
most of the companies outside of Y com this year?
69 AI Company 0. Hearing the latest Y Combinator
batch has 69 companies and no crypto companies.
Great sign that now is so the best time to be building
consumer crypto apps. Popular sentiment, Silicon
Valley. It's always dead wrong.
So if you're in if you're in crypto, actually pivot the AI
this time, you know, because because it by oh or or AI within
crypto. But you know what that one.
But you know, the cross of tech, blockchain tech and AI is hot
for sure right now. But but saw that yeah, I mean
look, Tao is definitely that one.
I saw world coin pump today like crazy, but like didn't they have
some news like didn't they have more people leave the company
again yesterday? Yeah.
They have to go left. Open AI though, right?
Like it's it's just news about open AI.
Sam Altman in the news means I. Got it.
Like and he might be getting a 7% stake in Open AI, so that
would be probably worth something like 15 billion or
something like that. Nice you.
Shy of that. Nice, nice, nice.
I saw that. And then the last thing Mando I
saw market wise, I saw you share that this morning.
I think so. China is printing even more
money, more, more stimmies coming, coming over there,
right? Yeah, yes, I said first thing.
So that was what I kind of announced today.
So originally it was it was other things.
They dropped the lending rate and then they said they were
going to allow banks to borrow against to buy stocks.
Now it looks like they're just going to put 140 billion into
the banks. It's it's China's going big to
try and save the stock market there and and save, save the
property and credit markets. So that's good for Bitcoin.
This is this is there was another stat today which came
out which is world, world debt. Total debt hit something like
300 trillion today, all time high 300 trillion.
Wow, that is that is insane. But anyways, all right, well,
looks like it's up only season again, lads.
I mean, hopefully, hopefully we're not going to jinx it.
So nobody say anything yadda yadda, though we just spent 20
minutes saying a lot of somethings.
Tyler before we move. Before we move, I know we don't
talk like macro, like stocks all that much.
It's it's a crypto show. I'd like the Meta Orion glasses
is a really big deal. I think people are already
calling their, their iPhone moment.
I think there's a a real chance that we're all wearing these
glasses in a couple of years. They they created a new type of
like screen like that. They redefined like the, the
like physics like that. They have like these
nanoparticles that is inside the screen.
Now they've got a neural connection.
They look good too. Glasses, they look good.
They're lightweight. I mean, the, the big criticism
of the, the, the AR headset, right, was that it's, it's just
big and clunky and you have to plug it in like they've already
got the next generation of it out and it looks pretty, pretty
impressive. Dude, Zuck is cooking, man.
Zuck is actually like this man. I mean, he's been, he's been,
he's been on the tear. Did you guys see his whole
rebranding? You know he got bulk.
His shirt, his shirt, what it means it's it's big coin for
the. Oh oh.
That's big, big level, big level.
Holes. Oh, oh, look at this.
Uh oh, here we go lads it. Going just broke.
That last high? There it is.
There it is just broke. That high are we, where are we
going man, though? Where are we going?
I mean, that's nice little level 65200 just broke it, so I mean.
Here we go. Honestly, breaking that
downtrend is this. This could the next real test
for that would be the last high which would be around 70K.
It's 70 flat. Look at that 70 on the on the
dot. So I think we've got a runner on
our hands here. Let's go, let's go.
All right, Max Long. Is that what we're?
Doing you have been trying to go Max long for a while here.
I love that. I love that.
I absolutely love that. I my, my, my, my thing was
simple. I just never left the market.
We've been all in since 2022. We're three.
I forget what was it that we all just went all I forget, but long
and strong, baby, long and strong.
Absolutely love this level. Did guys, did we?
We just we said that. I think there's a show for
Ultima when we all think we're going to start turning to fun
one again. My call was after Labor Day.
I think you guys were more aligned on the end of September,
which technically speaking, Labor Day areas when it started
the up like the bottom. But like this word like last
week of September and here we go like we've been talking with
this for a minute. It it's it's starting to happen.
Looks like we're going to have fun on the on on all this again.
We're done talking about the chop.
Hopefully every fucking day. It's playing out like when
people say like cycles are cycles and then they don't
aren't necessarily going to repeat.
But we've got global liquidity pumping right now.
We've got the US elections. It's a ripe setup for Q4.
Yeah, we're looking really, really good.
So Lana's at 1:55, but you know, it's not doing as good.
It's the other at once and. Whiff is the leading major major
meme coin. Whiff is on a tear yeah go I
mean the AI stuff, but the glass are sick.
I I do what they wanted to double down what you guys are
saying it's super cool what they're doing and it is the
future. So it's I mean it's not the
future anymore it's the present. So that's when it hits right and
then it's going to start getting crazy.
Now let's talk about these meme coins, this market, I mean,
Mando opened up, pretty queued up, queued up pretty nicely for
us this morning. Tyler, man, look at this.
It's up 50% off the bottom. Everyone wanted to victory lap.
Its death. The dollar fifty.
It's the leader. It's up more than it's up more
than Pepe. And the slow mean point
ecosystem is hot. And it's hot of its leader, the
dog with hat. Hats stayed on.
The big move, but the the rest of the board is even more
impressive like the the whole mid tier is up 30 to 40%.
That's crazy. Doubled up, it's actually it.
It went all the way down to 1.2 dollars.
Did it really? So I I missed it, I I probably
would. Just that's 120.
Percent not looking to screens that day.
That was a bad day. Yeah, that was a bad day.
That was a really bad day. My God, I remember that day.
It hit a 1.2 in August. August 5th.
Mendez, have you have you exited the width trade forever or are
you still? Is this on your radar?
I I was never really big in the. Building right now, that was.
Ovie was in the width trade and he's completely out.
I think Ovie actually took a lot of money out of crypto because
he bought a house, right? So I don't think Ovie owns any
majors, which is. No, you have.
Bitcoin. You guys have Bitcoin?
No. No, you, you both were telling
me how you just Max bidding Bitcoin like 48 or whatever or
50I forget at the bottom 52 when I was in London.
OV. As far as I'm aware, OV owns
ETH. From.
OSFR, he owns MOG, he owns Epic and he owns like like a
hodgepodge of like very random small coins, but like no, I was
the one who's Max bidding, Max being Bitcoin.
He may have moved a small amount, I forget, but I think he
moved it to Bitcoin and then he moved it recently to MOG.
I love that that's the most OSF. My MOG looks good.
MOG is looking so fucking good boys.
Lost all that money on RTR right Fact play around with that.
He kept in lost it all. Then he then he moved it to
Bitcoin and did OK and then he moved it to Mog and he's done a
2X on that. He bought it right, right at the
low that trade. So but he he, yeah, he owns, he
owns like no majors, whereas I'm like big in majors and then.
Oh there it is, we got a noise update.
After summer of losing money I finally did a good trade and all
I had to do was buy mog. There you go.
This confirms that bats is in the audience.
Muggers mug. Exactly.
Bats. You already know the vine dude.
Honestly, I have to say, like someone asked me yesterday,
like, what's your favorite corns?
I'm like, aside from the majors because like obviously bitty
seeds souls, like I, you know, love them and it's I still have
my swan bag. Like there is no like I have to
say mug is like the most fun I've had the cycle in terms of
like other than like what we're doing ourselves, right, like in
terms of corn, like last cycle was like NFTS, right.
That was like my thought and whatever.
But like this cycle, like owning Marg and being part of that
comedian has been the most fun I've had.
I don't know, but like it was, you know, they're just it's just
fun is what I mean. I came on, he's in the Oh shit,
look at of course, of course came on.
He's awake. Wait 7:30 AM in LA or did he not
sleep it? Must be stolen is.
This the first time he's been in the He's suddenly in the
audience the first time. He's throwing hearts.
He fucking came on up in this bitch.
Look at this. He's right there.
Anyone. Hey, hold on, we got a we It
feels like we got we are so back, like we're actually
getting such back feelings right now.
I sent him a a request. Let's see if he I'm I'm curious
to know, is K money? Is K money awake still or is did
he just wake up? But I'm not going to lie, I
never even knew you guys did spaces this fucking early, dude.
I did not. I did not go to sleep.
Yeah, I'll be honest. But dude, I was like, I was
like, yo, I was like folks awake and I was like, oh shit, yeah.
This is like when normal people are awake.
That makes sense. Oh my God.
Well, this is that. I'm not going to hold you back
once longer. But we were just we're just
laughing at the fact that you're as we're talking about Mog right
now. I mean, what a ride it's been
for you, huh? Yeah, man, you know, it's only
been 13 months of holding, so, you know, just nothing much,
just normal 13 months of holding something.
Yeah, I mean, hey, sometimes that's all it takes, right?
Sometimes it's you know the right one and you hold it long
enough and you. Yeah do.
Do you know anyone else that has hit 2 meme coin long term
capital gain holds like Pepe and mog?
I, I don't know. No, I don't actually.
Not long term capital gains. Fucking crazy.
Oh my God. Well, hey, Kevin,
congratulations. Have fun.
Love you guys. I love this.
Oh my God, this is too funny. Of course, as you're talking
about bug you got you got K buddy on this page just like
slagging. That's a good question.
Like how many people have actually ever hit a long term
capital gains trade in in mean coins?
Some 1%. Yeah, sub 1% right, because like
even long term cab gains, I mean Ovie doesn't categorize his long
term cab gains even though he Omega cooked on wiff and MOG
like. Yeah, and I mean, he even those
traits, he he was didn't hurt. I mean Mog, he probably helped.
With no. No, definitely wiff.
Wiff was short term. It was a huge multiplier.
Wiff was short term, Pepe I had long term, I guess in Pepe, but
I think Ovie was out by that stage.
Yeah, monkey did. I'm pretty sure Monkey would
have. Yeah, well, I mean, well, we,
him and I were buying more like last year.
So that was that's definitely a good one.
Yeah, I, I, I mean, I've been holding mog like between like
always like at least three 400 billion to like 2 trillion mog
since like, I don't know, a million market cap something.
That's what it's it's always it's always fun that to to to
be. But you know, they're, they're
not, they don't come in off the anyways, Tyler.
Get back into Epic. We're about to lose a hand.
We're about to handle Chair. Hold on.
Let's look at that. Let's look at that hold on,
let's look at that. Let's look at it.
Oh, I was looking.
Oh, you see, I I already have a line drawn on it.
I was looking at how long it's been consultating for earlier
today, literally today, 97 days, by the way.
But anyways, there you go Amando love to see that it.
Looks good there. You know what though?
Like, I like when this happens on a coin and it's still alive,
you know? Yeah, 6 coming up to six months
old now. How crazy is that?
Bro, you've been a meme coin dev for six months.
You was crazy. You launched a meme coin and
became a dev at the beginning of the chop because we've been
chopping in that range like six months now on Bitcoin.
I launched when Solano was 190. Oh my God.
That's how. That's how long ago it was.
Wow, and you're still meaning strong.
You absolutely love to see you've built quite the
community, huh? So here's six months later,
20,000 followers. I think in this you're telling
I'm just so insane. But it's like there's dude,
every time I check it's like 10,000 unread messages, 5000
news. When you think about it, there's
not a bad like, you know, following racial like
engagement. I see it all the time over my
timeline. It's pretty good.
It's good shit. We'll see how it does.
Isn't this the best video on the
Internet? Those are good.
I think Ovie, Sylvie and I need to remake that video.
Imagine just us 3. Just like remaking the video.
Anyways, I do want to talk Tyler.
The PayPal news. I mean man, PayPal again.
Like it's not new that PayPal makes the headlines.
I wanted to crypt the other day just out of curiosity, and I
searched PayPal and I was like, damn, these people have a
history of like news in crypto. And PayPal also happens to own
Venmo. For those of you who are not
familiar with that. They're both massive.
We don't have Venmo in Canada, but in the USA it's like, yo
can't Venmo you this can't Venmo you that like for everything,
Tyler. I mean, talk to us.
Talk to us about the latest PayPal news because I feel like
it's Catalyst on Catalyst on Catalyst season.
Yeah, you mentioned it. So it's been a big evolution.
So PayPal is actually the first place where I ever bought crypto
in 2020. The back of that point in time,
it was a closed, it was a closed garden, so you couldn't send it
off. And then I think in the last
year, year and a half, they opened that up so you could
actually do sins out. And now they are expanding into
business accounts. That is the news.
So yesterday PayPal announced U.S. business accounts can now
buy, hold and sell crypto directly within their PayPal
accounts. Additionally, they are enabling
merchants to transfer the transfer they're supported
crypto to and from wallets. And then in the announcement, I
think it was also interesting what they also touched on.
So they touched on their stablecoin PYUSD and no
transaction fees for anyone who is sending that their own
stablecoin. And they also mentioned their
their move to Solana and how it's enabled them to to go multi
chain and OfferUp more flexibility.
Their SVP of blockchain, Jose Fernandez Deponte, he commented
business owners have increasingly expressed his
desire for the same crypto capabilities available to
consumers. We're excited to meet that
demand by delivering this new offering.
I mean, I think it's just it's, it's one of those headlines
where like it might not be an immediate impact, but it's just
unlocking like the next level of, of infrastructure.
There hasn't been, we haven't seen crypto and e-commerce and
businesses because I think partially the infrastructure
just hasn't been there. And that's starting to change.
We've got Stripe, you know, Stripe is working to make crypto
available for all of its merchants and businesses Now
PayPal throwing its hat in the ring.
I think it's, it's easier than ever for crypto holders.
We're we're moving towards that path where crypto holders will
will be able to actually spend it on spend crypto real life
goods and not have to cash bring out to Fiat.
And I think that's a it's going to be a massive unlock when we
get there. We're not quite there yet, but
it feels like we're getting close.
It's unlocking the other way around, too, right?
Like it's easier to buy, easier to access, easier to, to, to do
things like whether it's memes or majors or whatever.
And then it's easier to spend as well, which is the other side of
things. But just becoming it's, I think
it's the normalization of crypto is, is something that's that's
coming. It's a great clip, by the way.
It's just 40 seconds. I may as well just play it for
y'all. It's this one from this morning
on on national television, right?
So PayPal, for the first time ever, is enabling gold to buy,
hold and sell cryptocurrency. Walk me through the launch and
what it means for merchants using your platform.
Well, McKenzie, as you know, we have been involved in digital
currencies now for the best part of the last four years.
We have been active on stable coins for about a year or so,
but until now only our consumer accounts were able to hold and
interact with our stable gun and our platform.
What we are enabling now for the first time is for merchants to
be able to interact with it as well.
It's been one of the features that has been the most demanded
by our merchants over the last year and we take it to be a very
good sign that the business, the appetite of business is to
interact with these new payment. Instruments so.
Well, there you have it. There you have it.
It has a big. Normalization.
The other normalization that's happening, I don't know if this
is where you're going to go for. Let's see how well you know me
at this stage. The the dibs that Democrat
leaders. Crazy, That's crazy.
You do. I was.
I literally had my Cupid's page ready for All right, go ahead,
go. Just go there.
A lot has happened in the past week.
I think that the biggest news from yesterday, well, one, we've
got Cuban thrown his hat in the ring to lead the SEC.
But I think what's bigger than that is Maxine Waters, who is a
Democrat. She's the head, she's the House
Financial Services chair, so a pretty important position for
for banking and traditional finance.
She's saying crypto is the future, committed to a stable
coin bill and yes, and wants to start from scratch on other
crypto bro. Max, you already said that.
And then like so Jake Jervinski, he's commenting on this.
He it was his tweets where I found this and he's commenting
like that a year ago that the Democratic Party line was crypto
is only good for money laundering and terrorists.
And now the, the, the rhetoric is changing and I think we, we,
we see folks on the, I think folks on the timeline are still
like fighting it and like not believing it, but I don't know,
like I don't believe Maxine Waters.
You want to see? I don't believe it one bit, but
but guess what, I don't care because it's working good.
But you know that's dude Maxine Waters is like the biggest hater
like her and Senator Sherman. You know that guy that was it a
moon something coin remember like a moon.
Remember the old is talking about crypto like he doesn't get
Wow Tyler Maxie Waters. That's so funny.
I mean, I guess there's a chance they're just totally lying about
it. But and that would be a pretty,
it'd be a pretty big reversal at this point.
It continued to say more positive things and Kamala is
increasing in her talking points.
I think she said something along the lines of she wants the US to
lead and blockchain. I will recommit.
The Nation to global leadership in the sectors that will define
the next century. We will invest in
biomanufacturing in aerospace, remain dominant in AI and
quantum computing, blockchain and other emerging technologies.
Expand our lead in clean energy innovation and manufacturing.
You know what I say to that? What has been unburned?
Well, what can't be Amanda, what do you what do you think?
What do you do we think? Do we say, is this a bluff for,
for for votes or is this real? Like it's a full flip and it's
good for us either way. Now we got both.
Now we now we have both parties openly saying let's fucking go.
Yeah, For me, I think this is good.
I don't know how you can spin. This is not good.
This becomes a question of like whether you believe or how
strong you can believe a Hensler's got to go, Hensler's
got to go and you've got to pass regulation for.
So the SEC doesn't continue to do this.
So in all scenarios, I would hope that that's the kind of
pass she's going to take as well.
She's definitely coming more towards the center on this sort
of stuff and that's good for us. So yeah, I, I think a lot of
people like then try and make it overly political.
Obviously, I think Trump is going to be the most positive
for crypto. Like the guy's doing crypto
projects right now. But but yeah, but you can't
paint this as as not good in my opinion.
What are your thoughts here, Tyler?
I'm assuming similar. I don't I don't buy the line
that that Trump is more bullish crypto than gamma.
I don't really see, I don't, I don't understand the logic
behind that necessarily. I think they're, they're likely
going to be equally good. And I, I think we're starting to
see the, the policy shift right right now.
So I, I think either can it, it's going to be positive for
crypto in 2025. It's going to be huge
regardless. I think there's actually, you
could make an argument that there is more negative risk like
with the with, with WLF going off the rails or, or something
than than the opposite way. So those are my thoughts.
What do we think of Mark Cuban as chair of the FCC?
I. Mean, I don't know why he wants
it. I don't know why he wants that
gig. Do you think he's serious or
think he's playing I. Mean he volunteered to play the
club it's a short club let's. Play it.
Do you want me to play that? You would entertain being a
Treasury Secretary, Commerce Secretary, In, in, in, in a
Harrison. Head of the FCC.
Head of the SEC. That's the job I would take.
Donald Trump, being the socialist that he is, had to
beat Bernie. So Donald Trump went out and
recommended that interest rate caps be set to 10%.
That I mean, the fact that he's. Mark Cuban is actually out
there. Do we think Mark Cuban is
getting really into politics right now, boys?
Yeah. He, he clearly is.
I mean, he's been like the spokes, the like de facto
spokesperson for Kamala. It feels like on on Twitter.
I don't know if he he just like saw a void and like, and no
major people were were speaking out.
And then we saw a lot of the a lot of VCs were speaking up on
the right. Of course, in in Elon, it seems
like it's just kind of Cuban on the left.
He offered the by axe. Yeah, I don't, I don't think
Elon's selling, but I don't know why he'd want the SEC gig
necessarily. But I mean, it's interesting.
I think we, we, I don't know if I have a strong opinion on how
on how he would do as the SEC lead.
It's just interesting to see that he's kind of even talking
about it. Yeah, his cost plus drugs thing
is really cool, by the way. But but yeah, it would be a it's
it's, you know what it is though.
It's definitely going to be an interesting election.
I mean, it has been and it's now getting really coming up.
Dude, it's really getting crazy. You have Donald Trump and Elon
on one side. You got Kamala Harris and and
Mark Cuban on the other side of the ring.
It's like a crypto AI blocks like all this stuff is right in
the middle, like right at the mid front, left, right and
center of the conversation. So it's like we're really like,
we're really all over this thing and it's it's really starting to
I don't know. I don't know, as as, as your
cousin of the north Tyler, I have to say it's, it's, it's,
it's entertaining, man, it's it's entertaining.
That's that's for sure. We need to get, you know, now we
need to get either either Kamala Harris or, you know what, Mark
Cuban on the on an interview and, and, and, you know, see
what's good, How's that, you know, and, and see what's good
with that. Anyways, what else, Tyler, what
else? What did we go over?
I mean, I know the Moodang pesto stuff is going crazy after this
B ball. I mean, damn boys runners.
So this is I'm back. I'm so back.
I I wasn't able to talk about on the show.
My I try not to talk about coins under 10 million, but I got in
on pesto sub a million. So nice little 25 X so far.
No way. The boys in the trenches brought
it up so we saw Mudang. A lot of us had missed the
Mudang run and then Pesto launched and Mudang was kind of
chopping around 20 million. Like this is the beta kind of
being far out on the risk curve. Like I am went straight to the
beta, like Mudang is up six XI think since then and test those
up a bit a bit more. And now like that we've got this
this battle. So people formally started the
battle between these two, which I think is good for both.
And then like this, like I keep trying to measure like I don't
want to be euphoric, like there's attention topping on
these memes. But like, Walmart shared a post
yesterday of, of pesto and mudang in in their store and
then like the New York Post did an article about pesto.
So I don't the I think attention is still growing.
You know, I don't know necessarily what it means for
for this. I wish I had a crystal ball.
So good. But I like that they're like
together. I'm ready for them both.
Oh, none. I have never owned any of either
and I want them both to go to quadrillions.
Like I don't care. Like it is so good.
All it took was a cute little hippo to revive the trenches.
I mean, you know, I've been hearing Tron this, Tron that, I
mean. We have too many dogs and cats.
We needed new cute animals and we got and we got them.
That is so good, that is so good.
I can't wait to to to ape all the rest of my soul into the not
the beta, the the beta of the beta and then lose it all after
missing these two. But this is incredible.
I mean, what, what do you you couldn't talk about pesto for a
bit, but now you can. I mean, that's, this is a nice
trade, Tyler. It's it's following the the
Mudang price action pretty closely.
I was actually chatting with the the boy.
So Mudang went 5 to 15,000,000 in a single day before it took
off last week. We did that yesterday.
Landed the beat Bowl. Look at.
This it's endlessly up. The Mudang chart is wild.
So like I, we, we talked about this, we thought it would kind
of pull back if, when, when it got to a hundred 120 it did for
like 4 hours. Yeah, we were.
It's already back to. It's already back to all time
high, a hundred 127 million. It's all time high right now.
Yeah, it's, I mean, it's literally, I mean, it's testing
it for a third time, so I'm assuming it's about to break it.
It's like, what are our tires like?
I mean, I think this thing could hit 250.
God, look at this. It's Lydia all time high right
now. It's going to hit it.
I mean, I don't know about the time.
There's an overhang so I I tweeted this this morning.
Someone bought in for $800.00 and it's worth 3 and 1,000,000
and they haven't sold any sold. That.
So if that if that person sells, it's probably going to make a
dent. Well, how do you see that?
All top traders here. Wow, someone made wow.
Look at the money that's been made on this coin.
Look, a lot of people were early to move.
To this person sold 7 K for Millie and they still have
500,000 tokens. Wow.
The trenches are back. I'm I'm curious, like if, if
majors pump into this weekend, like are we going to see some
new runners? Well, you understand why part of
the reason pesto pumps, right? So many people missed Mudang and
they and they see the province and like they want the next one.
And then now like I think it's right for for.
Yeah, 400 bucks to 100 grand on pesto here.
That's why, that's why the casino is not closing.
So which one of this is Tyler Mando?
Do we think it's a 600 KPNL? I'm not up that much.
I wish. Tyler was funny.
He was like the other day after the show.
He's like fuck, I can't talk about this one because I said
like under a million, but I think it's going to run and two
days later it's like like 25 mil got lucky.
Good shit, dude, good shit. You know, I gotta gotta gotta
keep shooting. I mean this is if anything, you
know, it's it's time. It's it is it is it that time
boys? Is that why you don't leave your
home? Is it that time again?
I mean it, it's starting to get cold here anyway, so it's.
Kind of it's doing a little bit more like that.
And then man, pull up the runes board.
Even our runes puffs. I will gladly do that.
Hold on, hold on, let me. Let me dance to my way there.
They flipped RSICI mean RSIC team.
If you were maybe that maybe they're soft rugging.
I don't know what they're doing. Like now is the time to make an
announcement. Tiny, tiny tiny tiny tiny weedy
bag. But Pups is up to 100% this
week. No way.
Huge rebound off the bottom. It's my pups are flying right
now. I still have like 15 of those
bad boys. Orno's cooled off a little bit
yesterday, but they're still up nicely on the week.
But it's it's the runes is actually the the bigger moves
dogs up to 350 million. Oh my God.
And that's a that's a big number.
How do you see? How do you go to?
Just filter by volume. How do you do?
Yeah, OK, because it's a lot of noise now.
There you go. Yeah, so there you see, like The
Who? The big movers.
Are 77.9 mil on pups? Wow.
It's up to 100% the last seven days.
Yeah, it was really moving. Dude, we're.
Seeing it was down to 20 I think so it's up like 4X off the
bottom. We're seeing the light, Tyler.
We're seeing. The light, it's a big move.
I didn't. I didn't buy the dip at all but
I'm still holding. I didn't know but I didn't sell
a single token since I got my air job so.
True believer I I'm too lazy. I did not.
I don't, I don't teach. I don't touch.
I did not touch it at at all. It was funny.
I sold my dog to the moon Stemi at like 890 mil.
That was like, well, take his Stemi pops.
I didn't touch. Yeah.
Yeah, I was saying if folks don't, if folks don't recall,
pops hit 900 million, so you should have sold.
Yeah, yeah, yeah. By the way, you should.
Yeah, we we we should have sold. But you know what Trenches rumor
has that Arthur Hayes and and and Anthem are are are aping
stuff together again on the timeline.
So, Mother, I saw that mother. 'S 140 Oh my God, let's call it
into break point like this isn't I think Greeny is like this is
an interesting trade ahead of break point and stuff like.
Whoa. Yeah, just like a week ago.
Wow, that chart. Oh my God, holy shit.
This is why I would say, you know, be careful Like we've
gotten people have gotten burn chasing Arthur Hayes and Anselm
pumps in the past. Yeah, it's it's absolutely
insane. I mean, what, what?
So what are the charts on Solana or like here and are about to go
like crazy, right? You figured there's a lot.
There you go. OK, There you go.
OK. That's a look I haven't done
like the the deep digging, but I think there's a lot of this is
the pattern you want to look for, right?
It's like it's built a base over a long time.
If that's what we want to look for, that's what we'll get.
It's just going to like straight up, you know, that's that's the
goal. There's many charts like that,
which is really awesome to see. Anyways, when I was there, I
missed how you think, Tyler, from yourself for I mean, you
did. I did.
Oh, rapes thing kind of caught me off guard.
I feel like they didn't really even announce it much.
But I mean, a partnership with the Major League Baseball, an
improbable for like this, this metaverse experience, I don't
know, it's kind of kind of a big deal.
I saw it. That was super cool by the way.
I guess you could like see the holders could like be as their
ape in like this virtual ballpark.
I think like actually like watch the game.
I haven't had a chance to really dig on like what the experience
actually was like. So yeah, it looks like you're on
the field and you like see a a stream of the game.
This is super cool by the way. They they didn't really announce
anything and they just put it out there.
I thought that was really, really cool.
Here we're running last minute tests with Improbable IO and MLB
to see what so it looks like they, you know, they were not
working with Improbable anymore under the last CEO.
And then it seems like the whole improbable board APR club
collaboration start again. I think was it Garga and Korea
tweeted about like ending up in like a bowling alley with Herman
the Roula Like I don't know what time in Korea and Seoul.
And so that's when I was like, Oh, it looks like, you know,
they're they're working together again and then probable is
killing it, man. So it's an improbable
partnership, right. And then improbable got the MLB.
Is that what it is? Yeah, it looks like that.
Maybe they maybe they weren't confident in like like that it
would work. Like I feel like NFT projects
are are notorious for over announcing things that like lack
substance and like this is actually a huge announcement and
they barely like they barely had any lead up to it at all.
So like maybe, I would say maybe spend more time actually
announcing this one and marketing it.
It's a big. Deal.
Yeah, it's it's really cool. Love to see it and love to see
that meal run tests like that. But anyways, all right, so looks
like we've gone around the horn pretty well.
So a lot of stuff going on. And with that, I guess tomorrow
robit loot box spin day and then we'll go to doing them once a
day. But you know, 2 two winners
tomorrow. Let's see this hopefully make
your coins run, ladies and gentlemen.
And with that, we'll see you tomorrow morning, 10:00 AM
Eastern Standard Time for the episode of Formal Hour on Rug
Radio. Let's go.