1 00:00:00,560 --> 00:00:05,880 Yo-yo yo-yo what up, what up? Good morning, good morning GMG 2 00:00:09,480 --> 00:00:15,040 Monday. Oh baby Monday January 27th, 3 00:00:15,360 --> 00:00:18,200 2025. Look at that another beautiful 4 00:00:18,200 --> 00:00:22,160 day to have a beautiful day. I got my Co host in the house, 5 00:00:22,560 --> 00:00:25,440 Tyler Mando. Good morning boys. 6 00:00:25,440 --> 00:00:29,480 How you doing today? Yeah, I'm doing all right. 7 00:00:30,040 --> 00:00:32,479 I woke up this morning, everything was down horrifically 8 00:00:32,479 --> 00:00:36,320 and then the US has come in and kind of saved us as as per 9 00:00:36,320 --> 00:00:39,760 usual. As per usual, the America dude, 10 00:00:40,000 --> 00:00:43,320 fuck yeah. You know America dude. 11 00:00:43,760 --> 00:00:45,760 God Bless America. Tyler. 12 00:00:45,840 --> 00:00:47,240 Tyler loves to hear that. Tyler. 13 00:00:47,520 --> 00:00:50,280 Tyler must be like euphoric at the fact they were like US Maxis 14 00:00:50,280 --> 00:00:51,120 now. Like, you know what I mean? 15 00:00:52,200 --> 00:00:55,800 It's like we're logging. It's like we're just going to do 16 00:00:55,800 --> 00:00:58,920 this every Monday every day and Monday I'm I'm going to up and 17 00:00:58,960 --> 00:01:03,600 Bitcoin's going to be 98,000 down 6% from Sunday and all of 18 00:01:03,600 --> 00:01:08,320 our memes are going to be down 45% And then we're going to be 19 00:01:08,320 --> 00:01:12,760 back at, at support by market open at at 8:45. 20 00:01:12,760 --> 00:01:15,720 It's just. It sure feels that way, Tyler. 21 00:01:16,080 --> 00:01:19,920 It sure as hell is starting to feel that way in the market 22 00:01:19,920 --> 00:01:21,800 right now. I mean, every Sunday we're 23 00:01:21,800 --> 00:01:23,360 dumping. Every Monday morning we're 24 00:01:23,360 --> 00:01:25,440 dooming. And then by the time, you know, 25 00:01:25,440 --> 00:01:28,360 I'm at the desk for the show, it looks like things start to look 26 00:01:28,360 --> 00:01:30,600 better. But my memes are decimated. 27 00:01:31,160 --> 00:01:32,280 You know, it's a, it's a class thing. 28 00:01:32,280 --> 00:01:34,760 And then turn around Thursday comes in and, you know, 29 00:01:34,760 --> 00:01:37,440 everyone's bullish again. And we do it all over again. 30 00:01:37,640 --> 00:01:41,240 We get over before work on Saturday, we get excited and we 31 00:01:41,240 --> 00:01:45,400 wake up on Sunday, you know, and, and it's over again. 32 00:01:45,720 --> 00:01:49,080 So, you know, so now the trading hours are are Shabbat only, you 33 00:01:49,080 --> 00:01:56,280 know, so sunset Friday, sunset Saturday, you know, just just 34 00:01:56,280 --> 00:01:59,520 take your profits during that. This is the new trading hours. 35 00:01:59,520 --> 00:02:01,720 And then just get off, you know, just get off. 36 00:02:01,720 --> 00:02:05,040 It's the other way around now. Benny's going to have to adjust 37 00:02:05,040 --> 00:02:08,120 his schedule here around this. Anyways, today on the show 38 00:02:08,960 --> 00:02:11,600 today, today as usual, let's go through the market. 39 00:02:11,880 --> 00:02:13,560 Let's go through Tyler's top 100. 40 00:02:13,560 --> 00:02:17,080 There's a lot to discuss today, American AI versus Chinese AI. 41 00:02:17,080 --> 00:02:19,040 I mean, that is the big headline. 42 00:02:19,280 --> 00:02:21,520 I made sure to read a lot of articles yesterday so I could 43 00:02:21,520 --> 00:02:24,480 become a subject matter expert for you guys. 44 00:02:25,040 --> 00:02:31,000 IMA AM AM A in the in the in the in the in the thing. 45 00:02:31,000 --> 00:02:33,360 Maybe we should go and try deep seek and see what it tells us 46 00:02:33,360 --> 00:02:35,520 because I don't know it was down this morning. 47 00:02:35,520 --> 00:02:39,960 I'm just waiting for Iranian GPT Tyler Stop 100 and then a robot 48 00:02:39,960 --> 00:02:42,320 spin. So today, this week, it's all 49 00:02:42,320 --> 00:02:43,920 day every day. Sorry, every day. 50 00:02:44,200 --> 00:02:48,560 So because we skip Friday, you can blame at The Sims for that 51 00:02:48,560 --> 00:02:51,920 THESIMMS and I'm just playing with them. 52 00:02:52,640 --> 00:02:56,240 But anyways, we're doing today every every single day, five 53 00:02:56,240 --> 00:02:58,960 days a week this week. And this show is powered by 54 00:02:58,960 --> 00:03:02,240 galaxies, galaxies of Web 3 platform, empowering creators 55 00:03:02,240 --> 00:03:04,760 and brands to build unstoppable communities with full ownership 56 00:03:04,760 --> 00:03:07,080 and independence. Trusted by icons like Donald 57 00:03:07,080 --> 00:03:10,080 Trump, Mike Tyson, Steve Aoki and the NBA, shaping together 58 00:03:10,280 --> 00:03:12,760 the future of communities and engagement. 59 00:03:13,520 --> 00:03:15,800 And also fair side that came on the show last week shot Fair 60 00:03:15,800 --> 00:03:17,200 side. Every day we see people's 61 00:03:17,200 --> 00:03:19,160 wallets get drained. Fair side is about to launch a 62 00:03:19,160 --> 00:03:21,880 fair alternative to insurance for crypto scams. 63 00:03:21,880 --> 00:03:25,720 Check out fair side networks. If you get what is it? 64 00:03:25,720 --> 00:03:27,800 If you get drained, you won't get wrecked. 65 00:03:27,960 --> 00:03:30,240 Mando, mando, Mando. I feel like the people like 66 00:03:30,240 --> 00:03:32,360 every single Monday morning, they really, really need this, 67 00:03:32,560 --> 00:03:33,840 this market report. Where's my button? 68 00:03:33,840 --> 00:03:36,320 I need to rearrange this stuff. Where's my mando button? 69 00:03:36,840 --> 00:03:40,120 Hold on, what? I have a mando button. 70 00:03:40,120 --> 00:03:40,720 So. Oh, there it is. 71 00:03:51,560 --> 00:03:56,840 Can you dig it? Yeah, bit of a rocky start as to 72 00:03:56,840 --> 00:03:59,080 Monday, to be honest. It's not really the majors. 73 00:03:59,080 --> 00:04:04,320 Bitcoins barely down now had hit as low as around 98 K and then 74 00:04:04,680 --> 00:04:09,040 rebounded actually at 97 1/2. Wow and then we bounded all the 75 00:04:09,040 --> 00:04:12,320 way back up to around one O 2 now and is now I guess deciding 76 00:04:12,320 --> 00:04:17,880 if it wants to continue to go higher or head back lower the IT 77 00:04:17,880 --> 00:04:20,680 did hurt alts a lot more so Bitcoin dominance is back up to 78 00:04:20,680 --> 00:04:29,360 60% so yeah pretty horrific well 59.3 but pretty horrific move 79 00:04:29,360 --> 00:04:35,640 there across the board that goes from things like Slama down 5% 80 00:04:35,760 --> 00:04:40,920 down to around 2:30 area ETH ETH was was it below 3K again today 81 00:04:40,920 --> 00:04:45,240 No, just stop short of being below 3K and then it's now 82 00:04:45,240 --> 00:04:49,960 backed up to 3100. So those are both down like 3 to 83 00:04:49,960 --> 00:04:53,800 5%. And then some of your more spicy 84 00:04:53,800 --> 00:04:55,880 alts, let's say, are down a lot more. 85 00:04:55,880 --> 00:05:00,280 So if you go down the list, most of the AI coins, the AI agent 86 00:05:00,280 --> 00:05:03,440 market cap back down to 10 billion, which is just above 10 87 00:05:03,440 --> 00:05:06,200 billion. Let's say memes this long meme 88 00:05:06,200 --> 00:05:09,400 coin market cap down to 17 billion at one stage this 89 00:05:09,400 --> 00:05:10,680 morning. I think it's pretty rebounded 90 00:05:10,680 --> 00:05:14,640 slightly since then, but pretty horrific move there kind of 91 00:05:14,640 --> 00:05:18,080 down, down the, down the, the spectrum. 92 00:05:20,200 --> 00:05:22,080 Nothing was really saved to be honest. 93 00:05:22,080 --> 00:05:25,720 The only coin that was higher in the top 100 as I when I did it 94 00:05:25,720 --> 00:05:28,720 this morning was Jupiter. And that was on the back of them 95 00:05:28,720 --> 00:05:33,720 announcing a buyback, adding some fees and and doing a 96 00:05:33,720 --> 00:05:38,000 buyback. So apart from that, everyone was 97 00:05:38,000 --> 00:05:40,080 pretty, pretty knocked off by this. 98 00:05:40,080 --> 00:05:42,280 I guess we'll go into it, but it's, there's a couple of 99 00:05:42,280 --> 00:05:43,680 things. Firstly, it's a bit of a macro 100 00:05:43,680 --> 00:05:45,640 week. So you have a bunch of tech 101 00:05:45,640 --> 00:05:47,920 earnings and you have the FOMC this week. 102 00:05:48,200 --> 00:05:51,200 So they all decide interest rates this week. 103 00:05:51,200 --> 00:05:55,760 So like last time, it will largely be around, although 104 00:05:55,760 --> 00:05:57,160 they're expected to keep rates unchanged. 105 00:05:57,160 --> 00:05:59,840 It will be largely be around their guidance. 106 00:06:00,120 --> 00:06:02,680 It was the guidance that threw things off last time. 107 00:06:04,120 --> 00:06:08,400 Trump is still talking about tariffs to certain countries, 108 00:06:08,600 --> 00:06:10,640 Canada and Mexico. Steel tariffs were mentioned 109 00:06:10,640 --> 00:06:16,400 again, but then it's kind of all with the same hand also offering 110 00:06:16,400 --> 00:06:18,000 trade deals. So I don't really know what the 111 00:06:18,000 --> 00:06:20,080 Fed's going to say there if they're going to be pre emptive, 112 00:06:20,400 --> 00:06:23,800 but that's caused a lot of let's say stress. 113 00:06:24,560 --> 00:06:32,040 But the main thing was this was this fear suddenly over AI, 114 00:06:32,080 --> 00:06:36,160 basically just the whole trade, which has been over the last 115 00:06:36,240 --> 00:06:40,400 what two years really has been this AI super trade, NVIDIA 116 00:06:40,400 --> 00:06:45,280 being the NVIDIA being the starlet of of that trade. 117 00:06:45,440 --> 00:06:50,200 And over the last, well, over the last week, I would say 118 00:06:51,400 --> 00:06:54,400 there's been a new model that's come out out of a company out of 119 00:06:54,400 --> 00:06:57,000 China. Deepseek is its name. 120 00:06:57,320 --> 00:07:01,960 And it's been done at a fraction of the cost and well, seemingly 121 00:07:01,960 --> 00:07:06,920 a fraction of the cost then. And is its reasoning model 122 00:07:07,760 --> 00:07:13,040 actually beat the ChatGPT 01 model, which has been there like 123 00:07:13,040 --> 00:07:14,840 breakthrough reasoning model as well. 124 00:07:14,840 --> 00:07:20,760 So a lot of questions about why if there's been overspend in the 125 00:07:20,960 --> 00:07:25,480 US on this sort of technology, the huge CapEx spends by a lot 126 00:07:25,480 --> 00:07:31,160 of these companies into AI, whether the the GPU's that 127 00:07:31,160 --> 00:07:34,960 Nvidia's been making will be will be needed really in this 128 00:07:34,960 --> 00:07:38,640 world. And that was, you know, 129 00:07:38,640 --> 00:07:41,640 naturally crypto just dumped on the back of that, even though 130 00:07:41,920 --> 00:07:44,040 because we're the only market that's open on a weekend. 131 00:07:44,040 --> 00:07:48,440 So everyone's smashing every single coin they had lower. 132 00:07:50,680 --> 00:07:56,400 You had Arthur Hayes and Anson calling for 75 K Bitcoin for for 133 00:07:56,400 --> 00:07:59,040 the multiple multiple times at this stage. 134 00:08:01,760 --> 00:08:07,640 And yeah, just like AI would say clearly in clearly like a bit of 135 00:08:07,640 --> 00:08:12,960 hysteria across the timeline, this was suddenly going to upend 136 00:08:13,640 --> 00:08:18,520 the American AI ascendancy, let's say. 137 00:08:19,000 --> 00:08:21,240 But that seems to have calmed down. 138 00:08:23,680 --> 00:08:26,040 And I think there's still a lot of questions about it. 139 00:08:26,080 --> 00:08:27,960 We're going to a bit more in depth and sure with Tyler, so 140 00:08:27,960 --> 00:08:29,880 I'll leave that. But that, that's the main thing 141 00:08:29,880 --> 00:08:32,919 that's worrying people. And stocks have gone lower. 142 00:08:33,919 --> 00:08:36,559 They're not the let me look at where NVIDIA is right now. 143 00:08:36,919 --> 00:08:39,760 NVIDIA is down 100. And 24 it's not done that much 144 00:08:39,840 --> 00:08:41,799 right. Well, it's down 13%. 145 00:08:41,799 --> 00:08:43,840 That's a decent movement. NVIDIA, I had it for them, yeah. 146 00:08:44,440 --> 00:08:46,320 I've been down a decent amount on Friday, too. 147 00:08:47,200 --> 00:08:49,760 This is the first time you've really seen some weakness that's 148 00:08:49,760 --> 00:08:53,640 saying NVIDIA. The NASDAQ is down 2 1/2 149 00:08:53,640 --> 00:08:56,680 percent. Interestingly, this has not been 150 00:08:56,760 --> 00:08:59,880 what you've really seen here for the last month or so is that the 151 00:08:59,880 --> 00:09:02,480 NASDAQ has been underperforming the S&P. 152 00:09:03,840 --> 00:09:08,080 There's been a lot of talk about how, you know, we can have a 153 00:09:08,120 --> 00:09:13,720 more broader base rally in the US now and it might not just be 154 00:09:13,720 --> 00:09:16,440 the magnificent 7 stocks. And that's been, that's been a 155 00:09:16,440 --> 00:09:20,480 trend for the last month or so. So this is kind of just extended 156 00:09:20,480 --> 00:09:24,160 that a little bit. So the, the, the S&P is only 157 00:09:24,160 --> 00:09:29,880 down 1.71 point 8%, which isn't that isn't that crazy. 158 00:09:31,560 --> 00:09:34,040 So I don't think I don't think he's saying anything to like go, 159 00:09:34,760 --> 00:09:36,920 I don't know, the US is going to be fine. 160 00:09:36,920 --> 00:09:38,240 It feels like it's what people are saying. 161 00:09:38,240 --> 00:09:40,880 But this may, this may call into question some of the really high 162 00:09:40,880 --> 00:09:43,920 AI spend at the moment by some of the magnificent sevens. 163 00:09:43,920 --> 00:09:47,240 So that's the main take away for crypto. 164 00:09:47,240 --> 00:09:53,040 Like honestly, other than the correlation to tech stocks, if 165 00:09:53,040 --> 00:09:55,640 you if you look at it from a micro standpoint, I don't think 166 00:09:55,640 --> 00:09:58,080 this is bad. Like some of the stuff that 167 00:09:58,080 --> 00:10:02,520 we've been doing has generally been kind of wrappers of these 168 00:10:02,560 --> 00:10:04,560 of these LLMS. And if there's a cheaper one 169 00:10:05,160 --> 00:10:07,560 that allows you to do more that that generally allows us to do 170 00:10:07,560 --> 00:10:10,560 more with the tech. And that was generally the take 171 00:10:10,560 --> 00:10:16,640 from the the open source community in crypto as well that 172 00:10:16,640 --> 00:10:18,040 like this was going to be a good thing. 173 00:10:18,120 --> 00:10:20,520 It's difficult to imagine it wouldn't be a good thing. 174 00:10:20,880 --> 00:10:24,320 But from a macro standpoint, like I said, we're the only 175 00:10:24,320 --> 00:10:27,680 market open on a Sunday. People just want to smash risk 176 00:10:27,680 --> 00:10:29,360 assets. It happens. 177 00:10:29,960 --> 00:10:32,200 And so Bitcoin, I think particularly, you know, when 178 00:10:32,880 --> 00:10:36,840 Europa Europares are waking up drinking their coffee on a 179 00:10:36,840 --> 00:10:40,360 Monday. So how was the Europause? 180 00:10:41,440 --> 00:10:43,560 It's easier to sell, man. Like when I'm sitting there in a 181 00:10:43,560 --> 00:10:46,440 cafe just. You know this is old man, though 182 00:10:46,440 --> 00:10:49,600 he did say I just now we caught him, ladies and gentlemen. 183 00:10:49,800 --> 00:10:50,600 Not for me. Caught him? 184 00:10:51,000 --> 00:10:54,000 Yeah, exactly. Yeah. 185 00:10:54,000 --> 00:10:56,160 So let's see, let's see what happens. 186 00:10:56,240 --> 00:10:58,360 I I don't, I don't think this is going to be as bad as people 187 00:10:58,360 --> 00:10:59,800 think it is. I also think demand will just 188 00:10:59,800 --> 00:11:05,040 increase to to match the GP, the like the NVIDIA style GPU. 189 00:11:05,040 --> 00:11:08,840 So, but it does tell you that you can, we can maybe have made 190 00:11:08,840 --> 00:11:11,600 a step change in the way to do these LLMS. 191 00:11:12,960 --> 00:11:14,920 Are we really, are we really going to we don't have to get 192 00:11:14,920 --> 00:11:17,320 into the debate of that, but are we really going to get into 193 00:11:17,520 --> 00:11:19,640 like, are we really going to believe the country that lies 194 00:11:19,640 --> 00:11:24,680 about their own GDP or like everything, every other data 195 00:11:24,760 --> 00:11:27,920 about how much it cost to to build somewhat of a ChatGPT 196 00:11:27,920 --> 00:11:30,320 competitor here? Like, is this what's happening 197 00:11:30,320 --> 00:11:34,800 right now in in in the world? Well, firstly, it just went 198 00:11:34,800 --> 00:11:36,880 down. But the second thing I, I don't 199 00:11:36,880 --> 00:11:42,480 know, I, I even, it's, it's kind of how they've decided to do it 200 00:11:42,760 --> 00:11:44,720 seemingly that that's kind of caught people's eye. 201 00:11:44,720 --> 00:11:47,280 Like there are some some differences in the methodology 202 00:11:47,280 --> 00:11:51,280 rather than just the cost, which makes me think that maybe there 203 00:11:51,280 --> 00:11:53,440 is some truth to, to this. Like, I don't think it's 204 00:11:53,440 --> 00:11:55,400 something you just like automatically dismiss. 205 00:11:56,520 --> 00:12:01,200 What I would be very unsurprised to see now is Western economies 206 00:12:01,200 --> 00:12:03,280 banning this new version, this LLM. 207 00:12:03,720 --> 00:12:05,720 It's already got like censorship around it too. 208 00:12:05,920 --> 00:12:09,240 They'll probably take the tech, they'll take the the the the way 209 00:12:09,240 --> 00:12:14,080 that they did it and incorporate into their own models and 210 00:12:15,600 --> 00:12:18,720 they'll just continue on. Yeah, I think what this does 211 00:12:18,720 --> 00:12:20,840 mean is like, yeah, maybe there is a cheaper way to do LLM. 212 00:12:20,840 --> 00:12:22,920 So we've been looking at that. Remember we had the Erebro guys 213 00:12:23,120 --> 00:12:24,920 on Friday and I asked that exact question. 214 00:12:25,960 --> 00:12:29,600 I exhaust how expensive is it to create an open source LLM? 215 00:12:29,600 --> 00:12:31,720 I literally asked that exact question on Friday because I'd 216 00:12:31,720 --> 00:12:35,040 heard whispers around this sort of stuff and he said, you know, 217 00:12:35,040 --> 00:12:37,520 it's like a couple of million a month. 218 00:12:37,520 --> 00:12:44,880 You know, this sounds much cheaper than that, but yeah, I 219 00:12:46,400 --> 00:12:49,560 whether it's whether it's true or not, I think the the result 220 00:12:49,560 --> 00:12:52,720 will be if it is true, then this model will be banned. 221 00:12:52,800 --> 00:12:56,480 I'm almost certain of it. And that you will get and 222 00:12:56,480 --> 00:13:00,440 they'll just take the tech. Yeah, it will get the TikTok 223 00:13:00,440 --> 00:13:01,920 treatment. Is that what comments are 224 00:13:01,920 --> 00:13:02,840 saying? Yeah. 225 00:13:03,320 --> 00:13:05,760 What's up, Tyler? That's a core, a core part of 226 00:13:05,760 --> 00:13:09,320 this whole like AI race, right? Is like when you're open source, 227 00:13:09,520 --> 00:13:11,600 everyone can just take it. Correct. 228 00:13:11,920 --> 00:13:15,280 And build right on top of that. I, I feel like this is overall 229 00:13:15,280 --> 00:13:17,280 going to be a net positive. I think there probably is some 230 00:13:17,680 --> 00:13:19,360 here. I think there's probably also a 231 00:13:19,480 --> 00:13:21,440 chance that they're fudging the numbers a bit. 232 00:13:22,680 --> 00:13:27,520 But I feel like what the real reality is, is stock market's 233 00:13:27,520 --> 00:13:30,720 been trading at all time high. S&P 500 hit an all time high on 234 00:13:30,720 --> 00:13:33,120 January 23rd. And when you everything is 235 00:13:33,120 --> 00:13:36,440 priced to perfection, any type of volatility hits the market 236 00:13:36,680 --> 00:13:40,080 and you sell off. And we have a very volatile week 237 00:13:40,520 --> 00:13:43,080 ahead. And like the the the traditional 238 00:13:43,080 --> 00:13:44,840 analysts, they're just like us. They have to come up with a 239 00:13:44,840 --> 00:13:48,720 narrative to say why everything's selling off when it 240 00:13:48,720 --> 00:13:53,360 could just purely be just, you know, selling and taking some 241 00:13:53,360 --> 00:13:57,840 risk off the board ahead of a week where we don't know if 242 00:13:57,840 --> 00:13:59,680 Powell's going to come in hawkish or dumbest. 243 00:13:59,680 --> 00:14:05,920 We we have very little insight to that and we have who briefly 244 00:14:05,920 --> 00:14:11,080 put on 25% tariffs on Colombian coffee yesterday and then. 245 00:14:11,240 --> 00:14:13,160 They fucked around and they found out no. 246 00:14:15,360 --> 00:14:17,040 Fucked around and found out very quickly we're. 247 00:14:18,640 --> 00:14:19,840 Going to have to talk about that one too. 248 00:14:21,120 --> 00:14:23,800 That adds a little extra volatility to the to the global 249 00:14:24,640 --> 00:14:27,320 economy. I mean, you guys can get your 250 00:14:27,320 --> 00:14:28,800 coffee in so many different places, right? 251 00:14:29,480 --> 00:14:32,560 You know, you make great coffee in Burundi, like incredible, 252 00:14:32,560 --> 00:14:35,280 like Arabic coffee is incredible. 253 00:14:35,280 --> 00:14:39,840 You know, African coffee is pristine, pristine, specifically 254 00:14:39,840 --> 00:14:43,600 Burundi coffee for the coffee fish and the fish and others out 255 00:14:43,600 --> 00:14:44,240 there. But yeah, you're right. 256 00:14:44,240 --> 00:14:46,120 I mean all this as to it. I mean, what do you guys think 257 00:14:46,120 --> 00:14:47,680 about this take and then let's go into the topics. 258 00:14:48,280 --> 00:14:50,200 I thought that was probably the best tweet of the weekend. 259 00:14:51,400 --> 00:14:56,240 Marc Andreessen tweeting out deep seek R1 is AI Sputnik 260 00:14:56,240 --> 00:14:58,560 moment. One of you 2 sent this to the 261 00:14:58,560 --> 00:15:01,080 chat. I think I thought that was quite 262 00:15:01,080 --> 00:15:04,880 a quite the take no, and I agree with you Tyler, that this is 263 00:15:04,880 --> 00:15:08,760 probably good for AI for the world like technology, like you 264 00:15:08,760 --> 00:15:10,680 know, competition breeds innovation. 265 00:15:10,680 --> 00:15:13,680 No, like so I I was very confused about the immediate 266 00:15:14,120 --> 00:15:19,320 like you know market that they dump overall. 267 00:15:20,480 --> 00:15:25,360 If anything, we might be driving more spend into AI in America 268 00:15:25,360 --> 00:15:28,760 just as the the global race heats up. 269 00:15:28,760 --> 00:15:30,960 It's like this is the you can make an argument. 270 00:15:30,960 --> 00:15:32,400 This is the final race that matters. 271 00:15:33,960 --> 00:15:37,080 So why is my far coin down on the news that Chinese AI is 272 00:15:37,080 --> 00:15:41,600 taking over? You know, let's, if we're going 273 00:15:41,600 --> 00:15:44,080 to talk about that, I mean, you know, what's going on here, 274 00:15:44,080 --> 00:15:46,880 boys. You know, I, I thought, you 275 00:15:46,880 --> 00:15:49,320 know, by this time next week, my call was 18 billion. 276 00:15:49,440 --> 00:15:51,400 We did go back to 17 billion midweek. 277 00:15:52,080 --> 00:15:54,520 And then, you know, Chinese AI came into play. 278 00:15:54,520 --> 00:15:56,240 So what, who's building a cookie dot fund? 279 00:15:56,240 --> 00:16:00,760 But for Chinese meme coins, you know what is the Chinese far 280 00:16:00,760 --> 00:16:02,840 coin boys? Yeah, I think, I think it just 281 00:16:02,920 --> 00:16:04,760 it ties into what we were saying before with Trump. 282 00:16:05,280 --> 00:16:09,360 You know, the people are very, very scared to own tokens. 283 00:16:09,520 --> 00:16:13,240 This was this. It hasn't just gone from 18 to 284 00:16:13,560 --> 00:16:14,880 10. Right, it was. 285 00:16:15,080 --> 00:16:19,560 It was at. 13 or 12 before this. This was just the final like, 286 00:16:19,960 --> 00:16:24,920 oh, the whole market's about to. I mean, people honestly calling 287 00:16:24,920 --> 00:16:32,000 for 75 K on a 2% dip, like of course it's going to start 288 00:16:32,000 --> 00:16:34,000 scaring people. And I think a lot there was some 289 00:16:34,440 --> 00:16:38,040 there was some crazy levels when I woke up this morning, like I 290 00:16:38,040 --> 00:16:41,720 put them in the chat, right? Like, I mean, there's still, I 291 00:16:41,720 --> 00:16:43,200 guess I haven't really bounced that much, but. 292 00:16:43,720 --> 00:16:44,920 Not really. Down. 293 00:16:45,320 --> 00:16:48,760 We're down crazy amounts Fart coin was trading at. 294 00:16:50,240 --> 00:16:53,400 Where was it, 800? No way. 295 00:16:53,400 --> 00:16:56,440 Oh $0.90 briefly. Oh wait, this. 296 00:16:56,440 --> 00:16:58,760 That kind of hit one of the levels we're looking for here. 297 00:16:59,760 --> 00:17:04,400 30 million it hit AI 16 ZI mean AI think it's barely bounced 298 00:17:04,400 --> 00:17:07,079 but. Yeah, that's probably never 299 00:17:07,119 --> 00:17:08,800 bouncing there. Was so many like coins that 300 00:17:08,800 --> 00:17:11,240 you've heard of below 100 million, right like. 301 00:17:12,359 --> 00:17:14,280 Wow. Fog was below 100 million. 302 00:17:14,560 --> 00:17:16,480 I mean, the whole memes conversation, that's another 303 00:17:16,480 --> 00:17:17,480 combo. Yeah, that's that. 304 00:17:17,480 --> 00:17:20,680 I saw the ice knife viral tweet this weekend about pop cat fog 305 00:17:20,680 --> 00:17:23,480 and and and a bunch of other animal memes with this is just 306 00:17:23,520 --> 00:17:25,800 not by the way, I don't community members to take it 307 00:17:25,800 --> 00:17:28,840 personally when we named them. It's just the most iconic ones. 308 00:17:28,840 --> 00:17:31,760 I guess that you name right. So it's like you look over the 309 00:17:31,760 --> 00:17:33,760 reason Pepe mob, like all of them. 310 00:17:33,760 --> 00:17:35,320 Everything's man. What happened there? 311 00:17:35,960 --> 00:17:37,320 Everything's getting smashed, dude. 312 00:17:37,320 --> 00:17:39,520 It's not. I mean, This is why, because I 313 00:17:39,520 --> 00:17:41,720 know you know there's always a tweet saying they're funny to 314 00:17:41,720 --> 00:17:44,080 post right? Oh, why is everyone freaking out 315 00:17:44,080 --> 00:17:46,360 Bitcoin still one O 2K. But the truth is, nobody's owned 316 00:17:46,360 --> 00:17:48,040 bit nobody. No one's Bitcoin. 317 00:17:49,920 --> 00:17:54,680 So that doesn't help, right? So you know, listen comfy in 318 00:17:54,680 --> 00:17:58,440 JRP. Shout out to my quant you had. 319 00:17:58,640 --> 00:18:01,480 Been destroyed if I hadn't got you in that thing. 320 00:18:01,800 --> 00:18:03,840 Like I was thinking about the portfolio the first thing this 321 00:18:03,840 --> 00:18:05,560 morning. I was like, Oh my God. 322 00:18:06,120 --> 00:18:09,200 Because only like it's it's froze to lend this stuff. 323 00:18:09,200 --> 00:18:11,680 And I was like, no, I think, I think he got out. 324 00:18:12,880 --> 00:18:15,120 I appreciate you guys thinking about me on the Monday morning. 325 00:18:15,440 --> 00:18:17,960 I appreciate the I appreciate you guys thinking about me on 326 00:18:17,960 --> 00:18:19,320 the Monday morning. He's a lot. 327 00:18:19,560 --> 00:18:22,480 He's got a moment this morning where I think you would have. 328 00:18:22,640 --> 00:18:25,440 You would have been. I don't think I would have 329 00:18:25,440 --> 00:18:27,840 showed up on the show. I'm pulling in sick for the show 330 00:18:27,880 --> 00:18:31,880 sort of stuff. The tricky thing about the AI 331 00:18:31,880 --> 00:18:35,120 sector is, like we we've all said, like we knew this was a 332 00:18:35,120 --> 00:18:36,480 bubble. We thought the bubble was going 333 00:18:36,480 --> 00:18:39,280 to get bigger. There's no like relative values 334 00:18:39,280 --> 00:18:40,880 here. There's nothing, yeah. 335 00:18:41,120 --> 00:18:46,120 How do you, how do you justify that, that this is the number 336 00:18:46,120 --> 00:18:47,960 and this is where it should rebound? 337 00:18:48,160 --> 00:18:51,280 It's it's just all so, so new, like the sector didn't three 338 00:18:51,320 --> 00:18:55,680 months ago. I mean, to be fair, like, you 339 00:18:55,680 --> 00:18:58,240 know, I think we just got a wake up call in the true. 340 00:18:58,240 --> 00:19:00,240 I mean, I had a tweet for some reason yesterday, my tweet like 341 00:19:00,240 --> 00:19:01,720 did numbers. I mean, it's good for my yap 342 00:19:01,720 --> 00:19:04,680 points here, but so I was just kind of people were freaking out 343 00:19:04,680 --> 00:19:05,880 last night. So I was just like, let me just 344 00:19:05,880 --> 00:19:08,280 like, maybe explain to people like change perceived value, 345 00:19:08,280 --> 00:19:10,760 like what it means or something. So it's like after this thing, 346 00:19:10,760 --> 00:19:12,920 look, China could be lying for its worth, but for now, like 347 00:19:12,920 --> 00:19:15,040 there's a change in perceived value of like how much cost to 348 00:19:15,040 --> 00:19:17,680 build AI. So now you have a change Percy 349 00:19:17,680 --> 00:19:19,720 value on our, I guess meme coins associated to that. 350 00:19:19,720 --> 00:19:22,360 But The thing is, our meme coins associated today are worth 0 for 351 00:19:22,360 --> 00:19:24,640 the most part. And we all know that when we buy 352 00:19:24,640 --> 00:19:27,640 them, right? Like like we, I love the XBTI, 353 00:19:27,640 --> 00:19:28,960 love all these coins been in and out of them. 354 00:19:28,960 --> 00:19:30,680 I love these terminals. I love everything that's been 355 00:19:30,680 --> 00:19:34,240 built, But like they're not really worth like like when OK, 356 00:19:34,240 --> 00:19:36,560 we use cookie dot fun every day. I love cookie dot fun shots of 357 00:19:36,560 --> 00:19:37,760 the team. So beast is not personal, but 358 00:19:37,760 --> 00:19:39,720 when it's worth 200 and something $1,000,000, I'm like 359 00:19:39,720 --> 00:19:41,120 that. I'm like, this is like a Masari 360 00:19:41,480 --> 00:19:44,080 for like AI, like, you know, I mean like for tracking coins and 361 00:19:44,080 --> 00:19:46,480 it's value of $200 million, you know what I mean? 362 00:19:46,640 --> 00:19:48,840 Like if you put your rationale like investor hat on or 363 00:19:48,840 --> 00:19:52,080 whatever, like would you Angel in that a $20 million valuation, 364 00:19:52,080 --> 00:19:53,160 guys? I don't think you would. 365 00:19:54,120 --> 00:19:57,840 And so, you know, it's tough, right, to bounce back from that. 366 00:19:57,840 --> 00:20:01,360 So we'll see where it goes, but I don't think either of us think 367 00:20:01,360 --> 00:20:03,920 it's over. So don't worry everyone, the 368 00:20:03,920 --> 00:20:05,560 boys are still bullish. Agree. 369 00:20:05,600 --> 00:20:08,720 I think that the challenge is like the sector. 370 00:20:08,720 --> 00:20:10,400 I think the sector survives 100%. 371 00:20:11,360 --> 00:20:15,280 We don't know as if the existing leaders survive, so that's why 372 00:20:15,280 --> 00:20:17,760 there's so much pain out there. I mean, usually the leaders 373 00:20:17,760 --> 00:20:19,480 bounce, Yeah, and I think you start this morning. 374 00:20:19,480 --> 00:20:22,800 So what is this like you have Griffins up 7% this morning six 375 00:20:22,800 --> 00:20:27,280 hours, while ARC is bounced 17% in the last six hours. 376 00:20:27,560 --> 00:20:29,800 I really like that coin. I know we say that a lot, but I 377 00:20:29,800 --> 00:20:31,440 really like that one the most out of all of them. 378 00:20:32,960 --> 00:20:37,120 Not no out of no bags, XPT even XPT still $450 million guys, you 379 00:20:37,120 --> 00:20:38,880 know what I mean? It's like price is on unchanged 380 00:20:38,880 --> 00:20:42,240 since like 2 weeks, right? Remember when AXBT first hit 381 00:20:42,240 --> 00:20:43,920 450? We're all euphoric, right? 382 00:20:44,560 --> 00:20:47,880 So it's, it's some some something to think about even 383 00:20:47,880 --> 00:20:51,120 four coin like that's it's 900, it's a billion, it's leading 384 00:20:51,120 --> 00:20:54,720 back in a billion boys. Like four coin is still a 385 00:20:54,720 --> 00:20:59,440 billion dollar asset. You know what I mean? 386 00:20:59,440 --> 00:21:02,360 Oh my God. It's down 60% while bitcoins 387 00:21:02,360 --> 00:21:05,080 down 2%. Dude, that's what's hard to 388 00:21:05,080 --> 00:21:06,160 justify in your. Head. 389 00:21:06,160 --> 00:21:07,280 I know. Yeah. 390 00:21:07,720 --> 00:21:10,520 It's so crazy, guys. It's so crazy. 391 00:21:11,160 --> 00:21:13,560 Anyways, all right, let's move on to that, to the other side 392 00:21:13,560 --> 00:21:16,040 because we had a rudder yesterday and a lot of us cut 393 00:21:16,040 --> 00:21:17,080 that. It was a fun one time. 394 00:21:17,080 --> 00:21:18,240 Let's see what you got for us today. 395 00:21:20,640 --> 00:21:31,200 Analysis. Yeah, folks, crypto majors are 396 00:21:31,200 --> 00:21:33,840 very red this morning with all some memes down. 397 00:21:33,840 --> 00:21:36,240 Much, much more analysts pointing to the launch of the 398 00:21:36,240 --> 00:21:40,120 deep seek model along with FOMC concerns, macro concerns as the 399 00:21:40,120 --> 00:21:44,800 driver for this market sell off. It was still a weekend of some 400 00:21:44,800 --> 00:21:48,120 very bullish headlines. We had Elon and DOGE, Department 401 00:21:48,120 --> 00:21:50,200 of Government efficiency. They're exploring using public 402 00:21:50,200 --> 00:21:53,240 block chains to cut costs in the US government and add 403 00:21:53,240 --> 00:21:57,000 transparency. The CEO of Bitwise Hunter, he's 404 00:21:57,000 --> 00:21:59,440 saying they're seeing more interest in crypto from $10 405 00:21:59,440 --> 00:22:02,520 billion plus firms than ever before. 406 00:22:02,520 --> 00:22:04,240 So his phone's ringing off the hook. 407 00:22:04,640 --> 00:22:08,400 Fidel hosting jobs for a blockchain engineer, signaling 408 00:22:08,400 --> 00:22:13,040 potential plans for expansion. Eric Trump curveballs. 409 00:22:13,080 --> 00:22:15,640 We don't know if this is true or not, but he's teasing no capital 410 00:22:15,640 --> 00:22:20,400 gains tax on American crypto. Still very unclear how and if 411 00:22:20,400 --> 00:22:22,760 this would be implemented and then Michael Saylor news from 412 00:22:22,760 --> 00:22:25,760 this morning they bought another 10,000 Bitcoin no one catches 413 00:22:25,760 --> 00:22:29,640 the highs or the tops better than big Mike $105,000 average 414 00:22:29,640 --> 00:22:31,800 on those buys they. Also no sense. 415 00:22:32,080 --> 00:22:37,120 Stark STRK as a new convertible stock offering product for them 416 00:22:37,120 --> 00:22:40,640 to raise more capital so he he's not slowing down anytime soon 417 00:22:41,400 --> 00:22:44,080 And and token AirDrop protocol news abstract announced mainnet 418 00:22:44,080 --> 00:22:47,600 goes live 1:00 PM Eastern today. Myriad is going to be there 419 00:22:47,600 --> 00:22:51,640 folks. They also shared a new whitelist 420 00:22:52,240 --> 00:22:55,480 open application for streamers. So just in streaming go take a 421 00:22:55,480 --> 00:22:58,520 look at that Jupiter huge weekend, arguably the winner of 422 00:22:58,520 --> 00:22:59,880 the weekend they acquired Moon shot. 423 00:22:59,880 --> 00:23:03,640 They also announced 50% buybacks with revenue generated from 424 00:23:03,640 --> 00:23:06,640 their new ultra fee pump fun. If you haven't been following 425 00:23:06,640 --> 00:23:10,280 this, they set another new all time high in daily revenue, $15 426 00:23:10,280 --> 00:23:13,960 million in the damn they are eating. 427 00:23:14,360 --> 00:23:17,560 And then in the Social 5 streets, we saw Tribe launch 428 00:23:17,720 --> 00:23:22,000 newest Social 5 app on Salon and I think nearly 100,000 sign ups, 429 00:23:22,000 --> 00:23:24,080 perhaps more in the in their first weekend. 430 00:23:24,640 --> 00:23:28,280 AI, we kind of want their total market cap down 20%, ten billion 431 00:23:28,280 --> 00:23:32,960 full 50% drawdown from local highs about 60% off forever 432 00:23:32,960 --> 00:23:36,000 highs. Most leaders down 15 to 30%. 433 00:23:36,120 --> 00:23:39,680 Top number is we did see this cloudy token move 100% yesterday 434 00:23:40,280 --> 00:23:44,000 on the back of my new AI generated song as well as the 435 00:23:44,000 --> 00:23:45,520 spaces. I think that went well. 436 00:23:45,800 --> 00:23:49,600 We saw virtuals announced plans to expand to Solana that shocked 437 00:23:49,600 --> 00:23:51,240 a lot of folks. They're targeting the first week 438 00:23:51,240 --> 00:23:56,360 of February to launch AI16V announced Eliza version 2 along 439 00:23:56,360 --> 00:23:59,480 with a $10 million fund for open source AI startups. 440 00:23:59,480 --> 00:24:02,880 So like Charlotte Adam, they're putting their money back into 441 00:24:02,920 --> 00:24:06,320 this ecosystem. Parallels Wave Finder team Tease 442 00:24:06,320 --> 00:24:08,760 They've been using Deep Seek since January to power their 443 00:24:08,760 --> 00:24:12,000 agent, so if. You're wait, Parallel is Chinese 444 00:24:12,960 --> 00:24:15,960 crypto. They're they're using deep seek 445 00:24:16,200 --> 00:24:20,080 for for wave Finder, so perhaps get some exposure via prompt 446 00:24:20,520 --> 00:24:23,520 here soon. And memes meme coin majors are 447 00:24:23,520 --> 00:24:25,680 also read. Of course, we saw Toshi sore 448 00:24:26,280 --> 00:24:30,360 100% to $800 million on Sunday. It's up 5X since it got listed 449 00:24:30,360 --> 00:24:31,720 on Coinbase. And then the meme of the day 450 00:24:31,720 --> 00:24:35,800 yesterday was this FAFO meme tied to a Trump post on Truth 451 00:24:35,800 --> 00:24:39,520 Social, soared to $90 million. Still, folks, the volume in the 452 00:24:39,520 --> 00:24:41,720 trenches is wild, $400 million in volume. 453 00:24:42,040 --> 00:24:43,960 God damn it, dude, damn. It's meme. 454 00:24:44,320 --> 00:24:46,480 I saw it back. It fell back to about 30 million 455 00:24:46,480 --> 00:24:48,640 here this morning. And then another token seek tied 456 00:24:48,640 --> 00:24:52,080 to deep seek jumped about 700% to 28 million. 457 00:24:52,080 --> 00:24:55,440 So that is the rundown. Still, it was a busy weekend. 458 00:24:56,120 --> 00:24:58,360 God damn it, I bought the wrong coin, bro, because I bought I 459 00:24:58,360 --> 00:25:01,440 bought Chinese meme coins and mine went to 0 this morning and 460 00:25:01,600 --> 00:25:05,440 the other one went to 12 million God damn it yeah I got rubbed. 461 00:25:05,920 --> 00:25:08,600 Where do we even start here? I mean, we already talked AIII 462 00:25:08,600 --> 00:25:10,240 think we? Just talked about Solana's big 463 00:25:10,240 --> 00:25:11,960 weekend. Yeah, let's talk about it 464 00:25:11,960 --> 00:25:14,440 because at the other day like almost again once once again 465 00:25:14,440 --> 00:25:16,760 leading back to Solana. We saw the virtual announcement 466 00:25:16,760 --> 00:25:19,520 the other day from base to Seoul and and now you're talking about 467 00:25:19,520 --> 00:25:21,600 Solana here again. It's pretty crazy. 468 00:25:21,600 --> 00:25:25,000 Quickly, quickly, quickly, the code today for the robot loot 469 00:25:25,000 --> 00:25:30,520 box bins is ABS, ABS, ABS, ABS, ABS ABS is the code for today. 470 00:25:30,520 --> 00:25:35,480 So raffle bot dot XYZ, raffle bot dot XYZ, sign up, put your 471 00:25:35,480 --> 00:25:37,680 stuff in and try and win a crypto punk. 472 00:25:37,680 --> 00:25:40,520 I'm actually right now creating this wonderful loot box as we 473 00:25:40,520 --> 00:25:41,760 speak. So it's nice. 474 00:25:41,960 --> 00:25:44,040 It's very nice. Tyler Solana. 475 00:25:45,160 --> 00:25:47,440 I want to dive through it and I wrote my newsletter and I'll go 476 00:25:47,440 --> 00:25:48,560 through all the headlines here in a second. 477 00:25:48,560 --> 00:25:50,280 I know Manuel has to jump here in a second. 478 00:25:51,480 --> 00:25:55,480 Amanda, are we expanding the the radium trade to Radium plus Jupe 479 00:25:55,480 --> 00:25:59,880 now or? Like they, they've suddenly it's 480 00:25:59,880 --> 00:26:02,720 another Solana D5 token, which is clearly noticed that, right, 481 00:26:02,720 --> 00:26:05,960 we need to, we need to change our tokenomics here. 482 00:26:07,160 --> 00:26:10,600 Like we don't actually know here. 483 00:26:10,760 --> 00:26:13,960 So they said that they're going to. 484 00:26:14,080 --> 00:26:17,720 What they did is they added some fees as in they said, look, 485 00:26:17,720 --> 00:26:19,280 we're now going to start charging people nought point 486 00:26:19,280 --> 00:26:22,440 nought 5%. If you ever use Jupiter, you 487 00:26:22,440 --> 00:26:24,800 have two modes, you have auto or you have manual. 488 00:26:25,600 --> 00:26:28,320 And that's the slippage. They're now making it so nought 489 00:26:28,320 --> 00:26:30,960 point nought 5 cent and they called it ultra nought point 490 00:26:30,960 --> 00:26:32,280 nought 5% is. Charged. 491 00:26:32,280 --> 00:26:34,120 I used that this weekend. It's nice. 492 00:26:34,720 --> 00:26:36,360 Right. Well, you're paying nought point 493 00:26:36,360 --> 00:26:39,800 nought 5% per trade. So they've added a fee. 494 00:26:39,800 --> 00:26:44,440 Remember, they've never had fees before for their spot trades and 495 00:26:44,440 --> 00:26:46,680 then they're using 50% of those fees to buy back the coin. 496 00:26:47,640 --> 00:26:50,320 Now we don't know it yet because they haven't. 497 00:26:51,760 --> 00:26:55,840 I think we'll start to get the data maybe from from the Defy 498 00:26:55,840 --> 00:27:00,360 Lama soon. But this still has to go to a 499 00:27:00,360 --> 00:27:06,360 Dow vote for the buyback. But it's they do do a lot like 500 00:27:06,600 --> 00:27:09,960 of volume, but it's unclear whether that volume will stay 501 00:27:09,960 --> 00:27:13,320 with them because of this fee or if people will decide to do 502 00:27:13,320 --> 00:27:17,360 manual or like it's just it's a lot of unknown, but it's 503 00:27:17,360 --> 00:27:19,840 probably, I think you're probably looking at a similar 504 00:27:19,840 --> 00:27:24,400 sort of burn to what Ray is doing like within the ballpark. 505 00:27:24,400 --> 00:27:27,320 Djenko Oh, Radium. Sorry. 506 00:27:29,240 --> 00:27:32,320 So something like that, something, something in the, 507 00:27:32,320 --> 00:27:34,760 let's say the hundreds of millions a year. 508 00:27:36,840 --> 00:27:42,400 Now Jupiter is, is, is about 2X's market gap, but it is 509 00:27:43,240 --> 00:27:45,720 arguably got a better brand, you might say. 510 00:27:45,960 --> 00:27:49,720 But it, it just makes the coin a better coin in my opinion. 511 00:27:49,720 --> 00:27:53,080 Like it's really good to see D5 coins go this route if I'm 512 00:27:53,080 --> 00:27:54,360 honest. And I think they'll be a lot 513 00:27:54,360 --> 00:27:56,680 more focus on them because of this. 514 00:27:56,880 --> 00:28:02,680 Like Solana's 2 main coins in their in their D5 ecosystem, 515 00:28:02,680 --> 00:28:04,920 which is Jupiter and Radium are both doing buyback. 516 00:28:05,200 --> 00:28:08,640 There's not one in the in the ETH ecosystem doing that. 517 00:28:09,680 --> 00:28:13,240 Why is that? A lot of them are US based, a 518 00:28:13,240 --> 00:28:15,720 lot of them are slow. I mean, are they I think is on 519 00:28:15,720 --> 00:28:18,200 its way for a fee switch, but I don't I don't know. 520 00:28:18,200 --> 00:28:21,920 There's definitely no buy back so but. 521 00:28:23,120 --> 00:28:24,680 They're foundations. They could, right? 522 00:28:24,760 --> 00:28:26,840 People look at these coins suddenly again, they'll be like, 523 00:28:26,840 --> 00:28:31,200 right, OK, well, now define Solana becomes an investable 524 00:28:31,200 --> 00:28:35,920 asset class in my opinion with this sort of stuff, sorry. 525 00:28:36,320 --> 00:28:39,960 And hopefully that changes. So hopefully that that becomes a 526 00:28:39,960 --> 00:28:42,000 bit more of an interesting way to play the casino. 527 00:28:44,120 --> 00:28:45,760 I like that. Very good. 528 00:28:45,760 --> 00:28:47,480 So the troops sitting at the dollar still? 529 00:28:47,560 --> 00:28:49,160 Wow. So if you waited man, did you 530 00:28:49,160 --> 00:28:51,000 claim that AirDrop yet? No. 531 00:28:52,960 --> 00:28:56,640 God never loses bro. He's crazy man, I swear. 532 00:28:57,120 --> 00:28:59,400 God. I thought about it over the 533 00:28:59,400 --> 00:29:01,040 weekend. I was like, I'm so glad I did 534 00:29:01,040 --> 00:29:03,680 not claim it. I already claimed it and I 535 00:29:03,680 --> 00:29:06,040 already lost it in the casino, so yeah. 536 00:29:07,080 --> 00:29:09,000 I think it's a good token. I might, I might just claim and 537 00:29:09,000 --> 00:29:10,960 keep it now. I, I like the coin. 538 00:29:10,960 --> 00:29:13,400 I mean, remember, we, we were like, we, we had now come, we 539 00:29:13,400 --> 00:29:15,320 should invite him again. The founder Jupiter on day one. 540 00:29:15,320 --> 00:29:17,080 Come in here. Like he's like this guy's like a 541 00:29:17,080 --> 00:29:21,360 crazy psycho founder bro, Like he's like crazy, like he's nuts. 542 00:29:21,600 --> 00:29:24,600 And, and I believe in them. You know, he's just so good at 543 00:29:24,600 --> 00:29:28,040 what he does. One thing I would say is that 544 00:29:28,200 --> 00:29:31,200 the terminology was said, look, we don't want to dump, we don't 545 00:29:31,200 --> 00:29:33,480 want to dump Jupiter on you. We want to make it a bit more. 546 00:29:35,360 --> 00:29:37,280 We want to make it so it's like 5050. 547 00:29:38,360 --> 00:29:41,600 It's tied to the ecosystem. Well, that does tell me is they 548 00:29:41,600 --> 00:29:44,560 are still going to sell. Like the team is going to be 549 00:29:44,560 --> 00:29:46,880 selling Jupiter here, but they've just created a flywheel 550 00:29:46,960 --> 00:29:53,040 to support them selling. So rather than them just like 551 00:29:53,040 --> 00:29:55,480 having to sell it, Do you see, see what I'm saying here? 552 00:29:55,480 --> 00:29:59,480 So like this isn't necessarily like there's no supply coming to 553 00:29:59,480 --> 00:30:04,840 market like these guys will sell this Jupiter the team well to to 554 00:30:04,840 --> 00:30:07,360 help fund the whatever they're going to be doing. 555 00:30:07,640 --> 00:30:11,160 So don't just assume that it's just like buying into no supply. 556 00:30:11,600 --> 00:30:13,680 No, of course, of course before SO. 557 00:30:14,240 --> 00:30:16,680 That's been mentioned a few times that it's like, yeah, it's 558 00:30:16,680 --> 00:30:21,560 a buyback, but like be cognizant of like it's not just one way. 559 00:30:22,360 --> 00:30:24,600 Yeah, looks like they had a whole event in Istanbul. 560 00:30:25,240 --> 00:30:28,160 You know, like good stuff. They also burnt 30% of the 561 00:30:28,160 --> 00:30:30,160 supply, but that was well known. That was well known. 562 00:30:30,160 --> 00:30:32,120 Like they said, they're going to burn it for a long time. 563 00:30:32,320 --> 00:30:33,120 They. Burned. 564 00:30:33,360 --> 00:30:36,000 Where was the? Where's meow? 565 00:30:36,000 --> 00:30:38,560 Where's my invite? I wanted to go to Istanbul. 566 00:30:38,920 --> 00:30:41,080 I know the hell that looks so nice. 567 00:30:42,200 --> 00:30:43,520 See you bro. Yeah, there was a lot of 568 00:30:43,520 --> 00:30:45,040 announcements. I can go down the announcements, 569 00:30:45,040 --> 00:30:46,560 then we can go back to the trade. 570 00:30:47,320 --> 00:30:49,040 So I covered it in the newsletter this morning. 571 00:30:49,120 --> 00:30:51,400 But so Jupiter they acquired Moon shot. 572 00:30:51,600 --> 00:30:55,000 Yo, that was big. This is coming after Moon Shot 573 00:30:55,000 --> 00:30:58,360 launched the Trump token and on board 500,000 users. 574 00:30:58,680 --> 00:31:00,200 Yeah, it's a major buyback program. 575 00:31:00,280 --> 00:31:06,320 We we just talked about that. We had the base leading AI 576 00:31:06,320 --> 00:31:09,040 platform virtuals announced plans that they're expanding to 577 00:31:09,040 --> 00:31:13,120 Solana. We had AI16Z announced, they're 578 00:31:13,120 --> 00:31:17,320 Eliza V2 that's a flagship Solana based AI token. 579 00:31:17,320 --> 00:31:20,320 Along with this our fund for open source AI startups. 580 00:31:20,320 --> 00:31:23,240 I think that was actually announced at Cast Amble along 581 00:31:23,240 --> 00:31:26,760 with the Jupiter news. We have stable coin growth 582 00:31:26,800 --> 00:31:29,040 leading on Solana over the past month. 583 00:31:29,040 --> 00:31:31,240 I think Mert said that's the first time that's ever happened. 584 00:31:31,680 --> 00:31:34,480 There's been more stable coin growth on Solana than Ethereum. 585 00:31:35,840 --> 00:31:38,360 We had Grayscale file for a Solana ETF. 586 00:31:39,840 --> 00:31:41,280 So the ETF, we know they're coming. 587 00:31:41,680 --> 00:31:43,280 We don't know if it's going to be this month. 588 00:31:43,600 --> 00:31:48,080 It's almost certainly going to be in 2025 And then pump fonts 589 00:31:48,080 --> 00:31:50,240 at their new all time high and broke. 590 00:31:50,240 --> 00:31:52,000 I sent that. Yeah, I have it open. 591 00:31:52,240 --> 00:31:53,320 I'm gonna open it. Yeah, I got it. 592 00:31:53,880 --> 00:31:57,000 So this comes back to the Ray and Jupe and this is the D5 593 00:31:57,680 --> 00:31:59,480 trade conversation. So like if you look at this 594 00:31:59,480 --> 00:32:01,480 chart tokens deployed, it's just up and to the right. 595 00:32:02,160 --> 00:32:05,000 This 1,000,000 memes deployed on pump font. 596 00:32:05,240 --> 00:32:07,320 Wow. Less than a year. 597 00:32:08,080 --> 00:32:10,120 Their revenue was also up and to the right. 598 00:32:10,440 --> 00:32:13,240 They made $15 million in a single day over the weekend. 599 00:32:14,560 --> 00:32:16,320 They are just absolutely printing. 600 00:32:16,440 --> 00:32:19,520 But you could also look at that as extraction from this 601 00:32:19,560 --> 00:32:22,560 ecosystem. And it's no secret that all the 602 00:32:22,560 --> 00:32:28,320 meme memes are all bleeding right across the board, the 2024 603 00:32:28,320 --> 00:32:30,080 era memes. I think there's a, there's a big 604 00:32:30,080 --> 00:32:32,160 crisis of people kind of wondering, are they done 605 00:32:32,160 --> 00:32:33,560 forever? Will they ever come back? 606 00:32:33,560 --> 00:32:35,880 It's not looking good, dude. It's not looking good, right? 607 00:32:36,400 --> 00:32:38,480 So if you look at this I'm. Sorry. 608 00:32:39,840 --> 00:32:42,600 And you're like, OK, I don't want to play this game anymore. 609 00:32:42,760 --> 00:32:46,200 But I also realized that this is a strong casino and I don't 610 00:32:46,200 --> 00:32:48,000 think it's going away. How do you want to play it? 611 00:32:48,960 --> 00:32:53,000 Ray and Ray and perhaps Jupe are the ways to play it now along 612 00:32:53,000 --> 00:32:57,520 with Seoul. So I, I think the case for 613 00:32:58,000 --> 00:33:00,400 you're bullish on the casino. You want to own the casino now 614 00:33:00,400 --> 00:33:02,720 you have a couple options to do that beyond just just Ray. 615 00:33:03,080 --> 00:33:05,680 It's it's interesting, right? And I can absolutely see 616 00:33:06,160 --> 00:33:09,720 investment coming into to the space around that. 617 00:33:10,040 --> 00:33:12,680 But I think this chart also tells you why this is a part of 618 00:33:12,680 --> 00:33:14,480 the story of why our memes are bleeding, right? 619 00:33:14,720 --> 00:33:18,400 Because there's only so much liquidity in this broader 620 00:33:18,400 --> 00:33:21,240 ecosystem in the Seoul casino. And. 621 00:33:21,520 --> 00:33:23,920 So many coins launching every single day. 622 00:33:25,200 --> 00:33:27,720 And. Now that we've got more volume, 623 00:33:27,720 --> 00:33:30,040 so more interest, it's more interesting to trade these 624 00:33:30,040 --> 00:33:31,880 runners of the day. So we were both, we were both in 625 00:33:31,880 --> 00:33:34,560 that Fatho coin yesterday. Let's talk about that. 626 00:33:34,560 --> 00:33:36,000 That was fun. Yeah, pull the chart. 627 00:33:36,080 --> 00:33:39,560 When you see $100 million in volume in like the first hour of 628 00:33:39,560 --> 00:33:42,800 a token, you know, like, OK, this is the one that the market 629 00:33:42,800 --> 00:33:45,680 is going to focus on today. Even if it's a farm, right, 630 00:33:45,680 --> 00:33:47,840 because you got to something people have to be careful with 631 00:33:47,840 --> 00:33:49,240 is like a lot of these are farms. 632 00:33:49,320 --> 00:33:52,680 So it's like fake volumes and they're just doing that to like 633 00:33:52,680 --> 00:33:54,720 dump on your heads. But if you want to play the 634 00:33:54,720 --> 00:33:58,280 game, you could play the game. So it's risky. 635 00:33:58,280 --> 00:34:00,120 Of course all these trades are are very risky. 636 00:34:00,360 --> 00:34:04,760 You can all just rug and go to 0, but if you look at that, 637 00:34:04,760 --> 00:34:07,000 there was like a solid hour, hour and a half window where you 638 00:34:07,000 --> 00:34:09,520 could have gotten into this token between 10 and 20 million. 639 00:34:10,560 --> 00:34:14,280 Then it parabola up to to 90. Yeah, this whole period was like 640 00:34:14,280 --> 00:34:16,040 an hour long, dude. Yeah, it was very long. 641 00:34:16,040 --> 00:34:22,159 I was watching it in real time. You can shove decent capital 642 00:34:22,159 --> 00:34:24,080 into these, right? It's like that. 643 00:34:24,080 --> 00:34:27,000 That's that's one thing that's different with with the volume 644 00:34:27,000 --> 00:34:30,360 in the trenches right now, like 100,000,000 coming in and out in 645 00:34:30,360 --> 00:34:33,920 the first hour, $400 million in volume in less than 24 hours. 646 00:34:33,920 --> 00:34:36,360 This coin launched at 3:00 PM Eastern yesterday. 647 00:34:37,400 --> 00:34:40,920 So it's like 18 hours old. So it's going to do 500 million 648 00:34:40,920 --> 00:34:43,800 probably, yeah. And it's on its way down, yeah. 649 00:34:44,600 --> 00:34:46,639 Yeah. The rest of the 70 mils coming 650 00:34:46,639 --> 00:34:49,880 from the way down right? And maybe it's done forever. 651 00:34:49,880 --> 00:34:52,840 Maybe this meme will make it. This is this is lots of 652 00:34:52,840 --> 00:34:55,120 commentary on this specific meme, of course, kind of the 653 00:34:55,120 --> 00:34:58,760 state of the trenches. So if you see this and you see, 654 00:34:58,760 --> 00:35:01,840 oh, my other coins just kind of slowly bleeding, maybe I'll clip 655 00:35:01,840 --> 00:35:05,600 some out and try to two or three exit on the runner of the day. 656 00:35:05,600 --> 00:35:08,000 And then you just rinse and repeat that every single day. 657 00:35:08,720 --> 00:35:11,040 Like that is a a part of what's happening here? 658 00:35:12,200 --> 00:35:13,800 Yeah, it's, I mean, that's what we did, right? 659 00:35:13,800 --> 00:35:16,640 Like I caught it. Like what 1012 whatever got in, 660 00:35:16,680 --> 00:35:19,480 got out sadly clipped out too soon because like, Oh my God, 661 00:35:19,480 --> 00:35:21,520 it's really this thing doesn't go past because of that mindset 662 00:35:21,520 --> 00:35:23,040 too, right? It goes both ways, right? 663 00:35:23,040 --> 00:35:25,840 Like, oh, there's so many memes not going past 2530 million 664 00:35:25,840 --> 00:35:29,800 thing goes to like 100 whatever. So we cooked all the way up and 665 00:35:29,800 --> 00:35:32,240 and that was fun and then followed by I got rubbed right 666 00:35:32,240 --> 00:35:35,760 after on like another coin, which was I just I don't know 667 00:35:35,760 --> 00:35:39,120 it, it's not good. But you got to I think the new 668 00:35:39,160 --> 00:35:41,000 and that's something I talked about with the boys last night. 669 00:35:41,120 --> 00:35:45,160 Tyler's like these runners, man. There's one I just almost every 670 00:35:45,160 --> 00:35:48,640 day and there's opportunities to cash them. 671 00:35:48,640 --> 00:35:52,040 But you're absolutely right. Like if you're this is really 672 00:35:52,040 --> 00:35:56,360 not the season to marry your bag, do not marry your bag. 673 00:35:56,360 --> 00:35:59,200 Like if what we're saying or sometimes mention a coin, your 674 00:35:59,200 --> 00:36:02,400 own or whatever, like effects you, that means you're over 675 00:36:02,400 --> 00:36:04,960 invested in it. Like it's it's that part of the 676 00:36:05,200 --> 00:36:08,080 of the cycle. Or like if if someone's talking 677 00:36:08,080 --> 00:36:10,080 about coin and you see your coin, understand it's upsetting. 678 00:36:10,080 --> 00:36:13,120 Like that doesn't mean like sell the bottom, but that also may 679 00:36:13,120 --> 00:36:15,720 not mean that it's the bottom yet for your coin, right. 680 00:36:16,280 --> 00:36:18,840 Even the got the ones that we thought would be going up. 681 00:36:18,840 --> 00:36:23,000 Only, you know, would would let's let's just mention the big 682 00:36:23,000 --> 00:36:26,480 ones, Pepe, right, love Pepe. I love Pepe by far one my 683 00:36:26,480 --> 00:36:31,320 favorite coins. It's a 5.35 billion closer to 684 00:36:31,320 --> 00:36:33,320 Christmas time. We were all saying, you know, I 685 00:36:33,320 --> 00:36:35,640 I know I was also, and a lot of traders were like, yo, this 686 00:36:35,640 --> 00:36:38,480 thing's going 15 billion. It's going to be Sheba 2021, 687 00:36:38,480 --> 00:36:39,600 right? Remember when it got listed on 688 00:36:39,600 --> 00:36:41,480 Coinbase? They got that massive run to to 689 00:36:41,480 --> 00:36:44,720 40 bill, 20 bill, and we're like this is going to happen. 690 00:36:44,800 --> 00:36:46,760 Pepe is a great token. We were saying it's the token of 691 00:36:46,760 --> 00:36:48,840 the cycle and now this is happening. 692 00:36:48,960 --> 00:36:51,880 Let me give you guys another one that I personally love and I 693 00:36:51,880 --> 00:36:53,480 know Tyler loves as well. Farquin. 694 00:36:53,960 --> 00:36:57,080 Farquin was just $2.8 billion. All this stuff effects it. 695 00:36:57,160 --> 00:36:58,880 I still do think that hot air rises. 696 00:36:59,080 --> 00:37:01,520 I still do think that Farquin's going to have an aggressive move 697 00:37:01,520 --> 00:37:02,160 up. Again. 698 00:37:02,320 --> 00:37:04,440 That's what I believe that Zoom is going to happen, but I do 699 00:37:04,440 --> 00:37:08,760 think so. But hey, it's not $170 million 700 00:37:08,760 --> 00:37:10,360 right now and it's being affected by the casino, right? 701 00:37:10,360 --> 00:37:12,920 So it, it affects every single coin you want to look at, for 702 00:37:12,920 --> 00:37:14,800 example, talking about marrying bags. 703 00:37:15,040 --> 00:37:17,160 So about pop cat, I like pop cat. 704 00:37:17,240 --> 00:37:18,880 I don't have it, but I, I like the coin. 705 00:37:19,000 --> 00:37:21,920 And built for a moment we were saying this is a blue chip of 706 00:37:21,920 --> 00:37:24,600 this cycle. You buy, you want to buy this 707 00:37:24,800 --> 00:37:27,040 when you see this or do you want to wait for flavor of the day? 708 00:37:28,160 --> 00:37:32,160 That's you know. It's like FOMO is such a part 709 00:37:32,520 --> 00:37:36,480 FOMO and attention is such a key part of this game. 710 00:37:37,240 --> 00:37:39,120 And like once the chart is really bad, it's like how? 711 00:37:39,760 --> 00:37:41,160 And the volumes are dying on chain. 712 00:37:41,160 --> 00:37:43,680 I know they're getting volumes on, on exchange, but you also 713 00:37:43,680 --> 00:37:46,520 got to be careful of like exchange volume like it's just 714 00:37:46,520 --> 00:37:47,120 the truth. Look. 715 00:37:47,360 --> 00:37:49,120 Look at. This look came back though, I 716 00:37:49,120 --> 00:37:52,400 guess so like if like if you want to say that can pop cat 717 00:37:52,400 --> 00:37:56,240 come back. I mean, with this run, dips 718 00:37:56,240 --> 00:37:58,520 chopped for nine months and then it did have another run. 719 00:37:58,520 --> 00:38:00,720 Yeah, but Pop Cat now is just like a 2024 mean. 720 00:38:02,000 --> 00:38:03,680 You know, that's my thoughts. That doesn't mean it won't come 721 00:38:03,680 --> 00:38:05,480 back, right? I'm just saying it has outs. 722 00:38:05,640 --> 00:38:07,120 At least with. On every. 723 00:38:07,560 --> 00:38:12,680 At least with has Coinbase, you feel me like at least with and 724 00:38:12,680 --> 00:38:14,360 like if I were to compare the two, right. 725 00:38:14,720 --> 00:38:17,400 But for example, this this was meant to be the leader of the AI 726 00:38:17,400 --> 00:38:19,040 meta. This was meant to be the coin 727 00:38:19,040 --> 00:38:22,160 that started the entire cookie dot font fucking website. 728 00:38:22,160 --> 00:38:24,320 Technically, yeah, I mean, like the whole thing, right? 729 00:38:25,000 --> 00:38:28,320 This was supposed to be the coin that changes the face of crypto 730 00:38:28,320 --> 00:38:31,720 and blockchain technology. It's literally been down only 731 00:38:31,720 --> 00:38:37,120 since November 2024. You know, And now that Andy did 732 00:38:37,120 --> 00:38:39,760 what he did, I will be praying for this the it's downfall. 733 00:38:40,000 --> 00:38:42,680 But that's OK, that's personal. It's not business. 734 00:38:45,720 --> 00:38:49,480 All the good thoughts they had when they sold their Farquin. 735 00:38:49,640 --> 00:38:52,320 But but you know, it's even like all jokes aside from this, like 736 00:38:52,320 --> 00:38:56,880 look at this 72 days of down right on a coin that was and 737 00:38:56,880 --> 00:38:59,040 what we're trying to show here. And we're not targeting coins. 738 00:38:59,080 --> 00:39:01,160 We're we're talking about the big headline coins, right? 739 00:39:01,160 --> 00:39:02,920 And I know all our coins are the same, right? 740 00:39:03,400 --> 00:39:05,720 It's because don't marry the bag, right? 741 00:39:05,880 --> 00:39:08,360 Don't be afraid to be more, you know, leaning. 742 00:39:08,360 --> 00:39:09,360 But also that's how you get burned. 743 00:39:09,360 --> 00:39:12,760 So you got to be careful. And I really, really, really 744 00:39:12,760 --> 00:39:15,640 think Tyler, this is a I, I told all my friends this and I'm sure 745 00:39:15,640 --> 00:39:17,360 I think some of them are going to listen to the show right now. 746 00:39:17,360 --> 00:39:19,320 And I tell them all the time, this is going to be chip choppy. 747 00:39:19,560 --> 00:39:20,800 This is where you lose all your stack. 748 00:39:20,800 --> 00:39:23,560 This is where you use everything just like chill a bit like this 749 00:39:23,560 --> 00:39:25,560 is good. This is like maybe way catch the 750 00:39:25,560 --> 00:39:28,600 run, like the faffo, right? Your Sunday, you're at home. 751 00:39:29,400 --> 00:39:31,000 There's no excuse not to catch it really. 752 00:39:31,000 --> 00:39:33,280 Like most people are home on their laptops at the DJs that 753 00:39:33,280 --> 00:39:35,040 are trenching and stuff like just chill, right? 754 00:39:35,040 --> 00:39:37,400 There's always like, there's going to be like 5 more faffos 755 00:39:37,400 --> 00:39:42,080 probably this week, you know? Yeah, it's weird time to enter 756 00:39:42,080 --> 00:39:45,200 positions like I I don't, I'm not really like playing new coin 757 00:39:45,200 --> 00:39:47,040 launches really at all these days. 758 00:39:47,480 --> 00:39:50,000 It's just be careful. And we're not even doing with 759 00:39:50,000 --> 00:39:51,600 size, right? Like I don't think he did 5 for 760 00:39:51,600 --> 00:39:53,240 size. I didn't like I I did some and 761 00:39:53,240 --> 00:39:55,040 then I made micro money and I left right. 762 00:39:55,880 --> 00:39:59,040 Not not crazy size, but just like even like the micro caps, 763 00:39:59,040 --> 00:40:01,960 like sometimes it's fun to play micro caps, but and maybe if you 764 00:40:01,960 --> 00:40:04,720 want to do like a small gambles, you know, depending on whatever 765 00:40:04,720 --> 00:40:07,120 your small part of your bankroll, but the point is like 766 00:40:07,120 --> 00:40:09,680 there's just so many and they're dying so fast. 767 00:40:10,360 --> 00:40:14,040 Right now, then again, just don't don't lose it all before 768 00:40:14,040 --> 00:40:18,480 the potential golden bull run with the the strategic reserve 769 00:40:19,320 --> 00:40:23,320 and you know everything. Wow, trillion dollars liquidated 770 00:40:23,320 --> 00:40:25,400 from the market. In the I think it has to be 771 00:40:25,440 --> 00:40:27,120 wrong. I I don't think that's possible. 772 00:40:28,040 --> 00:40:31,440 Crazy, right? They added a three zeros. 773 00:40:31,800 --> 00:40:36,720 They they they, they deleted it, but there's probably a lot of 774 00:40:36,720 --> 00:40:38,120 liquidations going on right now it. 775 00:40:38,120 --> 00:40:41,600 Shouldn't work, yeah. There was breaking news here on 776 00:40:41,600 --> 00:40:44,120 the deep sea side that you have to have a Chinese phone number. 777 00:40:44,120 --> 00:40:47,360 Now deep sea restricts registration to China Mobile 778 00:40:47,360 --> 00:40:48,840 phone number. So even they know that their 779 00:40:48,840 --> 00:40:51,920 shit doesn't work, dude. So it's like, you know, it's, 780 00:40:52,360 --> 00:40:55,640 it's, I think we so overreacted in the markets, Tyler. 781 00:40:55,640 --> 00:40:57,680 It's crazy. I think so too. 782 00:40:59,880 --> 00:41:01,680 But I said like I think everything was basically trading 783 00:41:01,680 --> 00:41:03,560 at perfection. We had a little bit of 784 00:41:03,760 --> 00:41:05,960 volatility come in and people took some. 785 00:41:05,960 --> 00:41:09,040 This is going to be a big week. Wednesday's a huge day. 786 00:41:09,040 --> 00:41:09,680 I don't. I don't. 787 00:41:09,720 --> 00:41:11,920 It's hard for me to see anything really running before Wednesday. 788 00:41:12,480 --> 00:41:14,800 Yeah, you have the FOMC, so I'm sure we'll cover this a little 789 00:41:14,800 --> 00:41:19,360 more, you know, on tomorrow, on Wednesday morning itself. 790 00:41:19,600 --> 00:41:21,840 But I feel like we were talking about this like even before this 791 00:41:21,840 --> 00:41:24,640 whole deep sea news and stuff. I know you and I in the chat and 792 00:41:24,640 --> 00:41:26,400 I know all my boys were like, yo, we're probably going to de 793 00:41:26,400 --> 00:41:29,320 risk into FOMC. Like that was like consensus 794 00:41:29,320 --> 00:41:31,920 bro. And Bob Lucas thought she made a 795 00:41:31,920 --> 00:41:34,400 good tweet because I think, and I think that's actually 796 00:41:34,640 --> 00:41:35,320 interesting. I'm Chris. 797 00:41:35,320 --> 00:41:38,600 Your thoughts? He says SNP was up 350 points in 798 00:41:38,600 --> 00:41:40,840 just seven trading days. It's called profit taking. 799 00:41:40,840 --> 00:41:43,440 The news is just what's for the offering that day. 800 00:41:44,000 --> 00:41:45,400 Part of me believes that too, dude. 801 00:41:45,600 --> 00:41:47,720 I think headlines are what we like to hang on to. 802 00:41:48,560 --> 00:41:50,400 Whether we go up or down, there's always a headline that 803 00:41:50,400 --> 00:41:52,400 we tie it to, but just markets being markets. 804 00:41:52,960 --> 00:41:54,960 Exactly. Yeah, I think that was the most 805 00:41:54,960 --> 00:41:58,200 level head take I've seen about the situation. 806 00:41:59,920 --> 00:42:03,400 But today also for big day abstract launch. 807 00:42:04,040 --> 00:42:06,600 I know, I know, I know we got to go in 5-10 minutes here. 808 00:42:06,600 --> 00:42:08,480 We're going to do a giveaway the the giveaway. 809 00:42:08,480 --> 00:42:11,920 But yeah, Myriad is launching on abstract lads, this is a huge, 810 00:42:11,920 --> 00:42:14,840 huge, huge, huge day with 17,000 people applied this weekend to 811 00:42:14,840 --> 00:42:16,360 to fucking be creators on abstract. 812 00:42:16,720 --> 00:42:19,680 I'll, I'll get I'll dive deeper into just how big this is, but 813 00:42:19,680 --> 00:42:22,720 basically every single person that streams on abstract is 814 00:42:22,720 --> 00:42:26,360 going to be predicting on Myriad and we're going to be obviously 815 00:42:26,360 --> 00:42:29,560 one of the top apps on there. Shout out to Luca and Michael 816 00:42:29,560 --> 00:42:32,000 Lee there for believing in US and and and working with us. 817 00:42:32,000 --> 00:42:33,680 But that was good. I mean, the first preseason of 818 00:42:33,680 --> 00:42:38,040 Marriott got 42,000 participants, 700,000 on chain 819 00:42:38,040 --> 00:42:40,280 transactions, $165,000,000 million dollar. 820 00:42:40,280 --> 00:42:42,640 Sorry, one day a million points transacted. 821 00:42:42,880 --> 00:42:47,480 So that was big dude. And it's today it's happening. 822 00:42:47,480 --> 00:42:52,600 We're yeah, stressful, most stressful for my deaf team, but 823 00:42:52,680 --> 00:42:56,360 it's it's a big day, man. Well, how do you, how do you 824 00:42:56,360 --> 00:42:57,480 feel about abstract coming out to that? 825 00:42:57,480 --> 00:42:59,320 I feel like you must be excited. You've been part of the Pudge 826 00:42:59,360 --> 00:43:02,320 ecosystem for a minute. I'm very excited. 827 00:43:04,080 --> 00:43:07,640 I'm excited for the Myriad launch and to kind of get back 828 00:43:07,640 --> 00:43:10,160 deep into the prediction market. So it's like I played 829 00:43:10,160 --> 00:43:13,040 polymarket, you know, ahead of the election and I kind of 830 00:43:13,040 --> 00:43:16,120 consciously took a little time out because I was kind of 831 00:43:16,120 --> 00:43:20,840 wanting to save my capital for the Myriad you see pool launch. 832 00:43:20,840 --> 00:43:24,000 So I'm very excited to to dig into that. 833 00:43:24,000 --> 00:43:26,000 I think a lot of people are kind of wondering what what is there 834 00:43:26,000 --> 00:43:29,000 going to be to do on day one on on abstract. 835 00:43:29,000 --> 00:43:30,920 There's probably going to be some meme coin launches. 836 00:43:30,920 --> 00:43:32,880 That's going to be like a very ball game. 837 00:43:33,200 --> 00:43:36,160 Oh yeah, I can't wait for that. Which I'll probably play a 838 00:43:36,160 --> 00:43:40,680 little bit like, I'll be honest, but I like the like prediction 839 00:43:40,680 --> 00:43:42,640 markets. You can, you can make bets that 840 00:43:42,640 --> 00:43:44,680 you can sleep with, right? Yes. 841 00:43:45,240 --> 00:43:52,160 And, you know, you can, you can actually, you know, think 842 00:43:52,160 --> 00:43:53,160 through things. Yeah. 843 00:43:53,360 --> 00:43:55,640 Yeah, I agree. It's a decent sized capital, 844 00:43:55,640 --> 00:43:57,840 whatever you want to do. So I mean, except for that I'm 845 00:43:57,840 --> 00:43:59,560 sure there'll be some hiccups day one right there. 846 00:43:59,600 --> 00:44:01,760 There are always is. I'm not just talking about Mira, 847 00:44:01,760 --> 00:44:02,960 I'm talking about broader abstract. 848 00:44:02,960 --> 00:44:06,240 I'm sure there's going to be. I'm sure that's true. 849 00:44:06,280 --> 00:44:09,600 I mean, like our platform is still in beta, right? 850 00:44:09,600 --> 00:44:11,680 Like we're launching, we're launching season one with 851 00:44:11,680 --> 00:44:14,200 abstract, but you know, it's it's going to be interesting 852 00:44:14,200 --> 00:44:16,040 man, because also like you got to think about like there's also 853 00:44:16,040 --> 00:44:18,200 a lot of farmers that try to like game the system. 854 00:44:18,200 --> 00:44:21,080 So that doesn't help, right, in terms of like keeping a website 855 00:44:21,320 --> 00:44:25,040 up. So it's it's tough, dude, it's 856 00:44:25,040 --> 00:44:26,920 tough. I have a war room called in 857 00:44:26,920 --> 00:44:32,120 exactly 20 minutes from now with the team in in in Portugal. 858 00:44:32,120 --> 00:44:35,440 That's where a whole deaf team is based out of for for for Mary 859 00:44:35,440 --> 00:44:37,960 other product. So it's going to be, it's going 860 00:44:37,960 --> 00:44:40,200 to be a big day. Our USD markets are going to 861 00:44:40,200 --> 00:44:43,720 launch normally the first week of Feb, first few days of 862 00:44:43,720 --> 00:44:45,800 February. So I'm excited, man. 863 00:44:45,880 --> 00:44:47,320 I'm excited for the new media model. 864 00:44:47,320 --> 00:44:49,640 I'm excited to show people that we can drive proper revenue to 865 00:44:49,640 --> 00:44:51,040 that. And I'm excited to see people 866 00:44:51,040 --> 00:44:54,640 look, pre season, the people were right 77% of the time. 867 00:44:55,280 --> 00:44:58,800 People know people are good at predicting, you know, So it's 868 00:44:58,800 --> 00:45:01,160 it's going to be it's going to be a big day. 869 00:45:01,640 --> 00:45:03,680 I'm excited for our show to start streaming on abstract. 870 00:45:03,720 --> 00:45:05,080 I'm pretty sure from tomorrow morning. 871 00:45:05,080 --> 00:45:07,880 I mean, Sims, correct me if I'm wrong Tomorrow, let's go. 872 00:45:08,000 --> 00:45:09,760 There you go. So tomorrow morning the four 873 00:45:09,760 --> 00:45:12,080 more hours going to be live on abstract. 874 00:45:12,240 --> 00:45:14,240 Pretty cool, right? Streaming's going to be awesome. 875 00:45:14,240 --> 00:45:17,560 I love how you can showcase apps when you're streaming. 876 00:45:17,680 --> 00:45:20,520 And if folks are out there wanting to know, you know, 877 00:45:21,080 --> 00:45:23,120 everyone's like, how do you farm abstracts, right? 878 00:45:23,440 --> 00:45:27,240 How do you participate? Just try, try to stream, right? 879 00:45:27,360 --> 00:45:30,320 It's a low capital way. Create content, find, connect 880 00:45:30,320 --> 00:45:33,120 with an audience, be interesting, right? 881 00:45:33,120 --> 00:45:37,760 Like that's definitely a channel that folks should consider. 882 00:45:37,760 --> 00:45:39,320 So I'm excited that we're going to be doing it. 883 00:45:39,320 --> 00:45:40,400 I'm excited to spend my own streams. 884 00:45:40,400 --> 00:45:43,320 I'm excited just to go deep on my myriad butts here. 885 00:45:44,600 --> 00:45:47,920 It's going to be so good, bro. Like, honestly, like I think 886 00:45:47,920 --> 00:45:50,160 Luca put a tweet out that we weren't expecting him to tweet. 887 00:45:50,160 --> 00:45:52,160 That was kind of like a curveball, but in a positive 888 00:45:52,160 --> 00:45:53,600 way. Nowhere. 889 00:45:53,600 --> 00:45:55,840 Luca tweeted something like, let me find it. 890 00:45:55,840 --> 00:45:57,960 What do you say? Since it was Oh yeah, he said 891 00:45:58,800 --> 00:46:01,800 streaming yourself using Myriad Markets and pinning the app on 892 00:46:01,800 --> 00:46:03,600 the stream would get you 50,000 XP. 893 00:46:03,600 --> 00:46:06,320 So one thing's for sure is now confirmed, we didn't even know 894 00:46:06,320 --> 00:46:09,400 that, is that you're going to get a fuck ton of abstract XP 895 00:46:09,400 --> 00:46:11,360 for pinning at Myriad Markets on your stream. 896 00:46:11,360 --> 00:46:14,480 You know what I mean? So it's things like that that 897 00:46:14,480 --> 00:46:15,680 that makes me really excited for it. 898 00:46:15,680 --> 00:46:17,960 However, if you start pinning shit and you don't actually 899 00:46:17,960 --> 00:46:20,800 interact with the stuff that you pin, Nope, I think they'll be 900 00:46:20,800 --> 00:46:23,000 negative connotations. So if you're going to stream 901 00:46:23,000 --> 00:46:26,040 some pin what you're streaming and actually stream it. 902 00:46:26,040 --> 00:46:27,840 Don't just try fucking farm it or game it. 903 00:46:27,840 --> 00:46:30,720 No, that too. And you know, they have ways of, 904 00:46:30,800 --> 00:46:33,200 you know, you know, playing with farmers and so do we. 905 00:46:33,560 --> 00:46:35,440 So you're like double farming. It's funny, Tyler, you're going 906 00:46:35,440 --> 00:46:37,720 to be on abstract and predicting on myriad because the points are 907 00:46:37,720 --> 00:46:41,360 still going to go and and it's going to be an exciting. 908 00:46:41,760 --> 00:46:43,520 I think Feb is going to be really positive for the 909 00:46:43,520 --> 00:46:45,040 industry. Tyler think it's going to be 910 00:46:45,320 --> 00:46:47,320 Yeah, think it's going to be a lot of fun. 911 00:46:47,960 --> 00:46:50,200 I'm excited, excited for this month of January to be done, 912 00:46:50,200 --> 00:46:53,280 though, kind of over it between the election ending, the 913 00:46:53,280 --> 00:46:58,400 inauguration trade, the the all this executive orders 914 00:46:58,400 --> 00:47:01,200 volatility, all this stuff. It's a. 915 00:47:01,720 --> 00:47:04,400 It's a lot. It's been a long month, but 916 00:47:04,400 --> 00:47:08,160 February is a short month and a lot of indicators it's going to 917 00:47:08,160 --> 00:47:11,360 be a a bullish month, so I'm feeling very optimistic. 918 00:47:12,000 --> 00:47:13,920 Yeah, it's it's going to be bullish. 919 00:47:13,920 --> 00:47:16,000 Well, all right, let's get to our giveaways and then we'll 920 00:47:16,000 --> 00:47:20,400 keep the we're going to keep the the rest of the topics for 921 00:47:20,400 --> 00:47:22,920 tomorrow, since you want me to pick from the audience. 922 00:47:22,920 --> 00:47:27,040 So we what we do the code, we're good ABS we're good and then 923 00:47:27,120 --> 00:47:29,360 fuck and we have to go launch this thing on fucking abstract 924 00:47:29,360 --> 00:47:32,000 dude Holy shit, fuck that's crazy. 925 00:47:32,560 --> 00:47:36,920 It's a lot it's stressful man, and I'm not even the one coding. 926 00:47:36,920 --> 00:47:38,600 You know what I mean? Like I'm feeling my. 927 00:47:41,320 --> 00:47:42,440 This is what it's all about though, right? 928 00:47:42,960 --> 00:47:44,360 Yeah, yeah, yeah, it's a lot, man. 929 00:47:44,360 --> 00:47:46,360 Like we forget because you know, like, you know, I'm also I 930 00:47:46,360 --> 00:47:50,240 trench, I hold, I do a lot of things, but sometimes you forget 931 00:47:50,240 --> 00:47:51,840 they're also building a whole ass stick. 932 00:47:54,280 --> 00:47:55,760 This is the big thing. All right, same. 933 00:47:55,760 --> 00:47:57,760 Let's what's the what's the vibes things? 934 00:47:57,760 --> 00:48:00,880 Am I you can make give me one minute. 935 00:48:00,880 --> 00:48:03,520 Give me like 30 seconds of a go. No rush, no rush, no rush. 936 00:48:06,120 --> 00:48:08,120 No rush. You know what held held up the 937 00:48:08,320 --> 00:48:09,960 best in this day? Punks. 938 00:48:11,080 --> 00:48:15,960 Dude. They're they're 48th and people 939 00:48:15,960 --> 00:48:18,800 just keep they're 41. Shout out to the Wizard of Soul. 940 00:48:19,080 --> 00:48:22,240 Yeah. This feels like one of those 941 00:48:22,240 --> 00:48:24,440 where like it's the time is slipping away. 942 00:48:25,000 --> 00:48:27,480 Yeah, if you think the bull market is going to continue, 943 00:48:27,480 --> 00:48:29,040 which I do, there's probably going to be a point. 944 00:48:29,040 --> 00:48:32,280 Come on, Tyler. Reprice again and like be able 945 00:48:32,280 --> 00:48:33,840 to get any. Come on, Ty. 946 00:48:33,840 --> 00:48:36,320 That's what my read is on this. Come on, Ty. 947 00:48:36,360 --> 00:48:39,720 Come on, baby. It's tough to sell my memes down 948 00:48:39,720 --> 00:48:40,360 60. Percent. 949 00:48:40,680 --> 00:48:43,480 I know, I know, of course, but and I wouldn't even tell you. 950 00:48:43,480 --> 00:48:44,600 It would be like don't do it.