Yo-yo, what up? What up?
Good morning, Good morning, GMG Monday, Cinco de Mayo.
Hey, Cinco de Mayo Cono. All right, 25 oh wait, it's
5525I like that 5525. That's 555 dude.
That's a that's a that's a good day.
That's a good day. Look at that.
Another beautiful day to have a beautiful day.
I got my coast in the house. Tyler Mando.
Good morning, boys. I miss you guys.
Good morning. I guess during today.
I miss you too. It's been how long have you been
off? Like 2 weeks.
I've been on and off for too long.
That was one week, but I was on when I was in Lisbon.
But then I was off the week before.
It was, it was like I was on and off.
One week off and one week off, one week off.
So yes, two weeks. Technically it's too much.
It's too much. Yeah.
I couldn't get on a token 2049 with a different thing every
day. So it was a it was a tiring
token. Guys, this one, Fuck.
I'm I'm, I'm cook. I'm a cook, but technically.
There's a lot going on. Yeah, man.
Yeah, yeah. How you doing Tyler?
I'm good. Glad to have you back.
We missed you and I'm just for this weekend.
This was a good weekend to be traveling and catching up on
rest because it's about the most quiet weekend I can remember.
This was this was really. One, I think the other way
around, I've seen so many runners that obviously I did not
partake in, but maybe they were next week, last week, I mean
last week was. Good.
Last week was kind of hot, but then it fizzled out a little bit
over the weekend. I missed everything.
I missed I, I missed absolutely everything for the better, for
the worse, right, Because I would have probably missed out
on selling, just I would have missed out on buying.
So for the better or for worse, man.
But yeah, Token was fucking crazy.
So that was a lot of fun. Shot Token 2049 having us, man.
There was one of the days where we partnered with three events
and all three events were the same day, like same night.
So we had to go to all three. That's a lot.
I was so dead. It was a lot there.
Too right? Like.
Dude 100. Degrees Fahrenheit.
They skipped the cloud seeding this year because they remember
last year the cloud seeding and all this shit happened.
So I think they skipped out on that.
So it was like in the summer, came in earlier, like their
summer. So it was like 40 plus Celsius
every day, which is over 100° and it's humid.
Yeah Mando, you didn't miss out on anything.
I know you almost came, but it is.
That shit was way too warm. You guys, you're out there.
It's like 11:00 PM like it's fully dark out.
You start an event and you're just sweating your balls off
like it's just it's just way too hard for me guys, It's just way
too hard. But as usual, token 2049 not
disappointing. Every major founder in crypto
was there. So that was really cool.
Got to got to go to this like private like meet and greet with
like Arthur Hayes and his team, which is super cool.
Got to chat with him a little bit.
What prediction market and all that good stuff.
And then and then, you know, good to meet the man himself.
CZ champagne baby. So that podcast is coming out
after the show. I waited, you know, and all of
my friends fan tardy. I was like, yeah, wait for this
thing. And anyways, we weren't ready to
post. So I'm going to post in like an
hour, like 11/15, 11:30 AM eastern, something like that.
We're going to post that you guys are going to like it.
You guys are going to love. That that's a big one.
What? What?
Was the big stuff, he said. Yeah, well, first and foremost,
I think that he never really went that deep into his prison
time. And he got kind of emotional in
the way, which is kind of rare to see in CZ, right.
Like Dudu was like, wow, he got emotional and Dudu is, you know,
you know, the Dumando. But he was like kind of shocked
because he went deep into the story of how he was like in the
low, low security prison, like he wasn't just putting some
white collar prison with a bunch of other rich dudes.
Because I asked him like, what was your treatment line?
Like you're rich, you know, and he he and he told, told me how
is Sally at had a had a, you know, double homicide.
So he was sharing his cell with someone who was in there for
double homicide. Yeah, it was crazy.
So he shared that stuff and then he shared his views on on on
being a meme corn dev and we're talking about meme corns and
everything. I had to go broccoli a little
bit, which is funny. And then what he'd like to see
more in in crypto. It was just a good combo, guys.
You know, I didn't know he lived in Montreal for four years.
I forgot we went to McGill. Yeah.
So we've kind of talked about this stuff.
He doesn't listen to music or anything or watch sports.
He's just full on like hustler man.
So that was a good conversation. I really, really liked it.
I think as well. We'll appreciate it a lot.
It was, it was probably the best podcast I've done.
So it was good because he was chill.
Like guess he walked in like he was like, what, 10:15 late
because, you know, busy man, it was Abu Dhabi and he just walked
in just like super cool, chatted.
I sent to my questions ahead of time.
He didn't give a fuck about like reviewing questions.
He didn't bar anything. I asked him permission to ask
him about something specifically towards SBF because that that I
was more sensitive. He didn't care.
But again, ask me whatever you want.
Let's talk about anything. So like, that's what I liked
about him is like nothing was barred.
Like at that level, you need to ask for my questions.
They, they bust my balls like they do this and that.
He didn't care at all. It was just like, yo, we can
talk about anything you want. So yeah, I thought that was
really cool. Then you stayed on even after
the fact because it was late. So my whole pod was late.
He stayed to hang out with me another 10-15 minutes and we
just chit chatted, you know, Of course I shall Marriott.
I know I asked for a follow and I sell Marriott.
Those are two things I did. So I got the follow and I was on
the Marriott side, but I thought that was the coolest part.
But yeah, you guys don't like him.
I, you know, the whole thing. Like sometimes you meet your
heroes and you're like, yeah, fuck that.
Like he was fucking cool. Like that was like the opposite
way. So yeah, you guys probably.
Makes just like, fuck it once he's gone to prison.
Like I guess you just think like, you know, I've already
done it. What are we going to do to me
now? Yeah, but it was crazy because
you know how like a lot of the space glorifies prison time.
Mando, Like Suzu, was it in on your podcast?
And Wrecked was like, yeah, everyone should go to prison.
Like, it's good. Well, whatever was on your pod,
like with Wrecked Radio or another one, but he actually
talked about like the other side of it and how like tough it was
mentally and how like when he was there, he didn't know when
he would get out, even though it was promised four months, like
he wasn't sure he was going to get out.
And while he was in prison, it's like he wasn't you weren't sure
if Donald Trump was going to win, etcetera, etcetera.
And the crypto was still like really like bad.
And so he went pretty deep into that.
There was a story even like when he first got into prison, he, he
went to a cell, he tried to open the door, but that's like a
rookie mistake because the doors open on their own.
Like you got to wait, press and like everybody's still making
fun of him. And he was super scared because
he was, he was like kind of like that, that rookie in there with
like a bunch of guys like with killed motherfuckers and his
little like in here. He was like really sharing like
that with them. But anyways, it was, it was good
to, to chat about that. And also like we, we went into
the whole like sexual exchange, decentralization conversation,
talk a little bit about Binance, talk a little bit about memes
about everything. So you guys don't like it?
Some really good stories about that famous group chat with SBF
where he beefed with SBF. And it was like all the founders
of major centralized exchanges in that group chat.
The New York Times had debunked that and was real.
So I asked him straight up, like, whoa, what's up with that
group chat? And what exactly happened, You
know, days before, you know, the SBF takedown, you know, because
he was pretty much one of the people responsible for that.
So. Yeah.
It's kind of funny that all the most powerful men in the world
are are clearly in these group chats.
Yeah, coming out with like US politics is coming out with like
Zuckerberg and something like the other and Peter Thiel and
like the all the sex founders. Encrypt yeah, so they don't talk
anymore. But it was the group side, which
was like founder SFTXSBF him probably Brian Paolo from USDT
is like the top 10 founders. I was like, holy shit, like this
is the type of group that that's like powerful AF.
But he told me that it got into more trouble than anything else
because then the SEC accused him of like, you know, accused them
of like colluding and then things us together and all they
did was to chat about fixing Luna problem.
But anyways, I won't, I won't, I won't, I won't spoil it.
You guys will listen to it. It's a 57 minute interview and
was honestly my it was it was sick.
I don't even know who I can do next after that.
Like I'm gonna have to follow up with like Elon or something.
So if somebody knows Elon hit my line because I don't know.
I don't know, It's going to have to be one of those.
Anyways, today's go to CZ. That'll be to this code.
And today on the show, we'll talk markets.
We'll get into that because I know Mando, it's Monday.
He's got to go to the other show.
We'll talk Tyler's top 100. You need to give me a tell there
what's happening at trenches. I saw Elon change his meme.
His PFP's are the muggles on This is Watami and this is the
coin. Anyways, there's a bunch of
stuff. I'm sure Tyler's been trading
meme coins like a madman these days.
And then we have the heat that's still going strong.
Like really got on. Like yeah, I've got thousands of
bags in in Zuma memes right now. Yeah, yeah, yeah, for sure.
I actually did a podcast interview with Atari and and I
actually was talking about how Tyler is like the most
degenerate creator. Like he's in like 20 coins per
day. It was hilarious, but but then
we have so we're still we're still partnered by what's called
connect so and for the so we'll do the eat giveaway at the end
of the day. I saw someone won $4000 last
week who's sick. So Congrats to that.
And then wall connect pan out. Yeah, I think it did how much
Yeah, something like that right anyways, and wallet connect
Wallet connect is connectivity network shipping the future of
on chain UX. If you've connected to Web 3 app
using wallet connect, that blue logo it's everywhere and icon to
trust in crypto is recognizable as Visa.
Checkout once a little more. Follow wallet connect on X on
Telegram to stay ahead of what's next.
Anyways, Mando here. I can do it myself now I have my
little buttons back. Who is the man that GoDaddy?
Can you dig it? GM, everyone good to be back.
So it feels like market is doing not that well, at least today,
or at least Bitcoins down. It's one of the first days I've
seen a long time where Bitcoin dominance has gone down.
Bitcoin is lower and a lot of other coins are higher.
Maybe it points to the fact that we're going to stay in this
range for a little bit longer now.
It would be nice just a range here, I think for a little bit
range in like the 90s rather than the 80s and then hopefully
break out. I feel as though if we were to
break out above 100 Ki think it's a very, very high chance
you hit an all time high close after that.
So my guess is that we probably need a little bit more of a
range to break 100 and then it can get it could get quite
quick. So decent bounce.
Obviously the condolences is falling slightly here in terms
of stuff this week. So it is a like a more active
week. I would say for, for for macro
this week you got the Fed and a range of like economic data
really specifically PMI stocks have been on a very long winning
run, which looks like it's going to end today.
The S&P is actually on its longest winning run in 20 years.
Things like UK stock from their longest winning run ever.
This is kind of wild. He's been around for like 100
years. So kind of crazy moves, kind of
a crazy bounce there in stocks. Nasdaq's down a little bit today
as our tech stocks, as our as is the S&P.
But Bitcoin's down, but it's not, you know, it's not doing
terribly. And Nasdaq's only down about
half a percent to a percent today.
So feel pretty good about stuff if I'm honest, in terms of the
major weight winners over the weekend.
Interesting that AI has kept the majority of its gain.
So AI market's still at 9 billion, at least in the agent
stuff outside of Tau, let's say. And then we have memes.
Memes have been a bit more mixed.
I would say so of which they have been for a while here.
Far coin kind of just hanging out of this 1.1 K 1.1 billion
area. Trump was a little bit lower in
terms of the major ones, let's say, and then a few of the
medium term medium ones like House and Gawk had a bounce and
then kind of retrenched like. It feels like we're.
Kind of back, but not not, not like really at back.
So yeah, that's, that's kind of where we're at.
Feels as though I said this last week, but I don't think a single
new participant has bought house or gawk.
But I think we're really just, it's still money where we're
playing with each other. Rather.
Than new entrants coming in to buy this.
It's really like what's the strongest meme when?
Feels like that. And I think that's kind of the
case of far coin too, Like it's been winning even though other
memes hasn't necessarily been like super strong Pepe, for
example, it's kind of done OK, but it hasn't hasn't really
broken out. In fact, Pepe is weak today.
Interesting. What's Pepe?
I thought in a while I in Dubai, someone came up to me and said,
Pharaoh, I'm launching the next Pepe and I was like, OK.
Sounds sounds like a common conversation in Dubai.
Oh dude. We met, we met all sorts of
people. Man though I got stories for
y'all but. Yeah, RWA, we're doing RWA.
The next the next Pepe. Social fire.
Social fire, you know, man, all that.
It was like navigating. Like it was like, it's someone
coming up to me showing me pictures of you at Oxford or
some shit saying they were your best friend.
I don't know. Yeah, yeah, yeah, yeah, yeah.
Dude, it was, it's tough navigating.
It's a tough place to navigate because I, I, everybody comes up
to me, right? And I'm like, fuck, is that
person legit or not? So I'm like, oh shit, I'm
dodging bullets out there. Like 80% plus are are not are
not legit out there. Even the guy who gave up gave up
to you. Dude, I can't because I, I don't
want the wrong fucking selfie posted on the timeline and
people think I'm doing crazy shit, you know what I mean?
I'm it's, it's a tough one. Hey, 3.3 billion.
Still though, not bad. We'll take it.
Yeah. What I mean is it still feels
like, yeah, it's the odd runner rather than everything running,
Yeah, which I think is important to note.
And I feel like even that with layer ones as well, like Suey
bounced a little bit today, but then other ones have been weak
and kind of a mix in terms of the interesting stories that I
saw today. NVIDIA considering a Bitcoin
treasury, don't know how much. About this.
Speculation, but there was a lot of talk about that.
Obviously Microsoft it proposed at their meeting of which it was
shot down. I don't know if NVIDIA would be
different. We saw Sailor obviously buying
more. We saw Solana fix a zero day
exploit. Did you see this?
Solana had a zero day which is, which is patched by its by its
validators where unlimited tokens could have been launched
on Solana, which is a pretty big deal, let's say.
But that was that was seemingly fixed.
I didn't really see much reaction to Solana guys, but
like if that were the ETH, there would be unbelievable amounts of
thought on on, on ETH. But yeah, Salama just like swept
a zero day exploit under the rug there.
And Goldman Sachs, they're going to get into tokenization.
I thought that was a big deal. It'd be interesting to see if
they team up with a blockchain, one of these RWA firms, or just
do it themselves. What else did I see?
Yeah, that that was kind of it. That was kind of it in terms of
the big, big headlines. Oh, and Tether's getting into
AI. They're they're going to launch
like an AII mean Tether just has so much money.
They're just like, yeah, I'm going to buy some of Juventus
today. Oh yeah, I'm going to get into
AI. I'm going to get into farms in
South America. Like Tether has too much money
and whatever. Like it would be great to be the
ideas guy at Tether. Like the ideas guy at Tether.
No one ever says no. You know, it's like, hey guys,
I've got this new thing we're going to get into.
Yes, we've got enough money for that.
Yes, we're going to do that. They.
Make 5 million. Dollars a year at the moment and
they can literally just get into whatever the hell they like to.
So tether. That's amazing though, right?
Like what a what a company like I I would love to get Paolo on.
We met someone from tether out there in Dubai.
That was fun. But they are like into
everything invested in Rumble. So they're we're talking to them
about this quickly, Tyler, like, oh, you guys are into media.
I was like, yeah, well, we know we took inquisition a part in
Rumble. Like that's what mind was
saying, like they're into everything now, like they can
become their own like little Black Rock almost.
It's pretty impressive. I've been following it all.
Yeah, the this one actually feels a little more intensive.
Like, are they going to build this all themselves?
Because like other things in like acquisitions, like buying a
stake in Juventus, right? That's just a passive
investment. I think a part of the hallmark
of Tether is the money they make per employee.
Like they've only got like 50 employees, right?
Like if they're going to build out this Tether AI peer-to-peer
network, empowering billions of AI agents, that, that feels like
it's going to take some resources.
So I'm, I'm curious how they're going to operationalize that.
It doesn't matter when you have you make $5 billion a year risk
free and like you've basically got a monopoly on that for the
for the rest of time. Like it's pretty, pretty good
situation for them. I'm.
Not flooding. This is a great, yeah, a great
direction to go. They're well positioned.
We should say wonderful. Let me, let me ask, let me ask
chat TPT, where are all the recent investments?
So they've done, they did the thing in with the Bitcoin
treasury alongside Cantor, right.
They've got involved in Bitcoin mining, they've got involved in
gold mining I believe. I believe they bought a big
agricultural trader like farming company in South America.
Yes. They now own quite a lot of
Juventus. Rubble.
Addict. Addict.
Quagro. Latin.
American. Yeah.
Bit deer Bitcoin mining, Northern data, which is AI and
cloud computing, and now they have artificial intelligence
initiatives that they're talking about.
Yeah, it's amazing. It's good business.
Amazing what a bit. Paulo's a genius dude.
Honestly. Fucking chat.
USDT to 5. Yes, DT $5.10 oh man, that would
be crazy All right, it look, it looks like it looks like that's
that on the on the market side. How you man, I saw your tweet
yesterday say you will have to weigh a little bit more to 100K
and then you were talking about consensus trades back and forth
with Wizard of Soul on the timeline.
What do you? What do you?
He came on. He, he just came on, you know,
Wizard of Soho. Yeah, of course he was beat by
Kobe this weekend. The he came on, we spoke about
what our predictions were like. There's something that tells me
that that, and I've been thinking more about this as an
investing style, like, you know, I have my investing style where
I like to put on risk and when I don't, but I think it's also
important what you put risk on. And I think I've become a big
believer in like not consensus trading.
OB is a prime example of that even just recently, right?
Like why would you ever invest in that stuff?
And then it rallied the most right consensus trading often,
particularly after an initial move.
Can be really dangerous, so like after something's gone up to
100%, it can be really dangerous.
So like I have a fairly decent position in fat coin, which I
did pick up around 404 fifty thanks to OB really.
And even though he didn't buy it at that time, he told me.
No, he bought a little after. He bought it way lately, yeah,
but I do think it's probably the most consensus trade in crypto
right now other than Bitcoin. I thought about that because I
saw your tweets yesterday. Even L1 like I think people are
like far point to the moon and that although I do think it's
going to go higher, I think you have to appreciate that about
certain certain trades that when they become.
I think it's more consensus. All of last year, right?
It's time. It just went sideways.
It was such a frustrating long for so much of last year.
It requires Bitcoin to hit an all time high to actually start
performing. So I'm very wary of like really
consensus trades. This is why I also like we spoke
about virtues, but on some like gargantuan run, right, because
no, everyone thought it was dead, you know, and then it
literally has it's basically flipped FARC one or come close
to flipping it in current market cap.
And I don't think how many people own it.
And I think that's probably what is the case with Tau 2.
And I think it's the case with some of these other like you
kind of want the FUD a bit more. Tyler said that even about house
coin a little bit, like I'm not saying go all in house coin, but
like sometimes it's good to have a little bit of FUD.
That's when you should be like all in on something rather than
when everyone's like, this is the coin to earn because I think
that's kind of a bit dangerous at times.
So I think a consensus trade is FARC when even though I own it
and I'm like this is going to be one of these days where it's
down 20% or is it just going to be the kind owned subject?
I just think it makes it more volatile basically.
Yeah. Well, I agree with you on the
consensus trade point you made about Far Coin.
The reason why I'm keeping my size on right now is because
while it's consensus first of all that that it's still staying
strong above 110 even when the market's like up and down like
like Bitcoin from 97 to 93 and FAR Coin didn't budget, it's
like 110. And I think that while it's
still consensus consensus trade, a lot of the consensus doesn't
have the trade on. It's like even the people are
like, Oh yeah, it's going to go higher.
Aren't taking the trade, I feel. So I think, and I think that's
that's a good point. All right.
It's like when what you really want is coins that everyone
hates, but if they were to rally, everyone wants to own it.
I think if you start, if you start saying, oh, I want to be
in non consensus trades, often you can get into trades which
like no one actually cares about.
What you kind of want to be in is coins where like if it were
to start, if it were to go up 100%, everyone was to be like,
oh God, I should have just bought it.
You know what I mean? I feel like far coin was that at
300, at 400, it was like, if this bounces 50%, everyone's
going to dive in. I do think a lot of people have
now gone in. That's that's just what I feel
about Farcorn and I don't what I mean is I don't think it's a bad
trade for the next for this year, but but that's often not
the time to be your biggest, yeah.
Yeah, yeah, I feel that. I feel like that right now
you've just seen that move in virtuals and AIC and I think
people have probably now just bought the top on those
potentially particularly some of the virtuals, right?
Because it just felt like, oh, I missed it and I should, I've
missed this whole move. And I think I would say Pepe
would be another one which is like that where it's like, you
know that if Pepe goes up 20%, everyone will be like.
Fuck, I should have. Yeah, of course, of course, of
course. You.
Know it's like it's only because everyone knows everyone likes,
but it hasn't moved. But when it moves, everyone goes
like reaches for it straight away.
So I kind of like those trades a little bit more.
That's all. That's that's all I'm saying at
this, at this point in the cycle, at this point.
Yeah, I don't just stick with you.
I think I think it's a good point.
Even as someone I I took a big position in four coin a few
weeks ago and I kept it and I still have it and I'm probably
not going to touch it because I don't want to trade for the rest
of the summer probably. But you know, we'll see.
I just I just think that it's the one of those that's like
it's going to do well, continue to do well, it's doing volume
etcetera. But you're right.
And I think that this point is the best about the high school
house coin stuff. I missed it.
But anyways, we're going to talk about it now, Tyler.
Just to briefly say that though, the big the big change would be
if if AL one exchange lists far coin, then you suddenly do have
a ton of people that need to buy.
Yeah. But when like and?
Who that's the big difference here?
Like if someone was to list. I tried to mention it to CZ on
the you guys will see I talk about far coin to CZ.
Yeah. Thank you for that.
You're very welcome. I tried working for my bags.
You know, I got the one of the most powerful man crypto in
front of me, so I got to do something, you know you.
Know said it another way it's like what is the catalyst right
so parkour has 150,000 holders. No one knew is coming to the
trenches right now. No one it feels like no one knew
is really coming into crypto right now.
In fact, you could maybe argue the opposite that people are
leaving So like what like where the the next round of marginal
buyers going to come from? It's kind of hard to answer that
without the sex listing. Sex listing is a big catalyst I
think. Is the biggest right because
like even the the players that came last night night in the
last cycle, this cycle, the big wave on people that was were on
boarded, were on boarded to the slaughterhouse.
Like everyone, we made money because we were in the trenches
already. You made money because you got
we're early to memes etcetera for Solana meme cycle.
But everybody who came in through all the celebrity stuff,
etcetera, got slaughtered, right?
Even Solana, like think about post Trump token, which by the
way he just posted about just now.
But think about that. Like the people that were on
board at via via the Trump coin, they all bought Solana like 250
plus the $300.00. And then they bought Trump at
like $60 billion. And then they bought even far
coin. Good example.
That was like like 2 billion or 1/5 plus, which they're not down
too much on, but anything far congested, whether it's like not
just with, but I'm seeing with and all the other like salon
means like pop cats everything even though they're back now,
like I've seen like even with pop cats salt got some good,
good, good green candles. They're all like massively down
over since last year, right. So we'll see.
We'll see. That's a good question actually.
What do you think the next catalyst will be for adoption
into crypto? It was NF TS and it was memes.
Is it going to be memes again? Or Bitcoin dominance keeps on
going higher and stables can go higher and we just trade amongst
ourselves on memes. Forever 7 figure Hell for life.
There's some kind of AI adjacent on boring way that's possible, I
think. Yeah, my tools come in larger
integration between AI tech players and crypto perhaps.
But I mean, this is the billion dollar question, right?
It's a hard one to answer right now.
Yeah, because a question for you guys.
Like even the icons that were up a lot before I left, I remember
we were talking about it all like, you know, fun went on
there and then we looked at, you know, ASCC, etcetera.
We remember it was like 0 bro even had big days and then you
know, the other other terminals is that did that sustain at all?
I didn't look at of and there's just like an 8.8 billion still
high, but did any of the were any of those pumps sustained?
Well, virtuals is the big one. Virtuals just kept going and
actually a lot of the other ones didn't.
So ARC is back down to like, I don't know market cap of Arc
now, but it's definitely gone back down.
Oh, virtuals at 1.10 billion. Damn.
It's up there. AI expertise 150 million.
So that one is outperformed. But I mean.
It's still down 70% from high you.
Still have so much mind share this this this.
Yeah ASPT though. Honestly it kind of fits into
Mando's category and I don't know any and I kind of hate ASPT
but maybe that's a part of the bull case is like if it pumps to
200 and there's more momentum behind.
AI. Are people going to buy AIXPT
again? You're not wrong.
It's. Not a bad shout like it does
feel like one of those ones where where if it was to go
higher, but but it would, I think it would have to go hand
in hand with some sort of new feature.
I don't think, I don't think it could be it just if it pumps, I
don't know if that necessarily. Causes it to.
People to buy I. Think that was crazy?
Did they launch the terminal I? Mean the terminal was always was
live. It always existed, you just had
to have. Crazy expensive.
It got to like half $1,000,000 to use the terminal.
You know, but he was crazy, though.
I think you're right. And also like this XBT, I don't
have any, but he's still like it's all over my feet still is
the only slop that's like everywhere my feet or that I
read even me like I find myself stopping.
Like if the XBT tweets, I find myself stopping reading it or
let's say tweets about myriad because it does that often it
likes us. I'll like share it.
Like I still like interact with it in some way or another.
People keep tagging my Mando minutes in this mirror terminal.
Have you? If you get tagged in this Tyler.
Yes, a mirror. Terminal.
What is that? I think someone's.
All a. Double R.
Yeah, they, they basically like take all my posts.
They're trying to. To make an AI XPT like product
that users help curate information flow so it's not
just taking anyone across Twitter or crypto Twitter it's
it's it's basing it on what which creators users are tagging
as like this is a good source of information Mira you should
ingest this today and. Which one is it?
There's a file. I think it's not a token yet.
OK, OK. So there is AI think users are
incentivized. They assume there will be a Mira
token at some point. So like they are incentivized to
do this? OK, interesting.
All right, well, look, we'll it looks like there's Wale is
contributing to it. Beast AISBT.
Interesting. Yeah, those are the guys who are
always kind of top of the lion share boards right now.
Some good folks though. Interesting.
So there's a leader board? Where are you?
See where Tyler's at. Let's find out.
Oh fuck, you're not even on here.
That must be a bad leaderboard. Yeah, terrible leaderboard.
That's the Mando. I guess I need to sign up.
Mando 897. That feels low.
Maybe we have to sign up. Oh wow, 2500?
Damn, I have a zero point. I don't know.
That is interesting though, but I don't know what it is.
I've got a bone to pick with the mirror team now so I want to go
look into this. That's been going to connect to
Twitter. Fuck.
Yeah, that's how they all work. What's the ref code?
Who wants to give me? Who wants me to use the ref
codes? I'll sign up.
Who wants to be the person that gives me a ref code anyways?
Tyler, I need to. I need to talk to you for a
minute. You got to catch me up because I
missed a lot. I missed a lot.
Where's my Tyler, bud? Where's my I have it phone for
daily NFT and crypto analysis Tyler T on FOMO our calls the
kids can. Yeah folks, it looks like crypto
majors are red this morning as stocks are also pointing lower
after that 20 year historic rally.
Not a huge surprise that we're red.
Bitcoin hanging out around 94,000 at Walrus Token and suite
were two of the big movers leading the alt board.
Walrus was up 11%, Suite up 7% coming out of Suite base camp in
Dubai last week. There was a lot of coverage of
that. The other headlines, Bitcoin
Sailor bought another $180 million of Bitcoin last week and
I think a tick above 95 K average.
Brown University just closed a $4.9 million Bitcoin buy held
through the ibit Bitcoin ETS. That's notable because their
larger endowment is 7.2 billion. So just a drop in the tiny
bucket of their larger endowments.
They've got more funds to play with.
Arizona's governor vetoed their Bitcoin strategic reserve bill
after it had passed the House and Senate.
So still waiting for this first state to approve.
Charles Schwab plans to introduce spot Bitcoin and ETH
trading within the next year contingent on regulatory
clarity. Let's see.
Several IRS crypto specialists are leaving the agency following
some controversy involving dosh, the Department of Government
efficiency. So less crypto experts on board.
The IRSA Dubai based family office plans to invest $8.8
billion in the Maldives to develop a financial hub focused
on blockchain. That's notable because that's
larger than the entire GDP of the Maldives, which is.
Yeah, I saw that sick. They're privileged to own the
fucking island if that works out.
Yeah, so there's going to be a big blockchain financial hub in
the Maldives now. Good, good destination.
And then Amanda talked about it, but Salana did face a zero day
export over the weekend, which could have allowed bad actors to
meant unlimited token, 22 standard tokens which are used
for RW as but validators were able to resolve before any
exports took place. So it looks like there was no
negative impact of this in AI and memes.
We just kind of talked about market caps hanging out right
around 9 billion. Tether announced Tether AI as a
peer-to-peer network for AI agents.
In memes, the leaders are kind of just chopping.
Gork was a big winner on the weekend.
It was up 35 percent 65,000,000 after several Elon post.
Elon even changed his PFP. Chill house and MFRS were some
of the winners in micro caps boop big action.
It jumped 40% being listed on Binance Alpha.
They also had a new memecoin launched last night, sore 8500%
to $6 million. So some signs of life over on
BOOP. Nice look at that.
By the way, shout to Mochus. I am now signed up to that Mira
thing. I got a ref code real quick.
Hey Tyler, use my ref code faroque.
That is FAO. That's right.
There to the show, yeah. Fuck yeah.
You got to use mine though. There you go.
I'm a I'm a DM it to you. I made I made an account.
There you go. Anyways, so where do we even
start here? I feel like the Gork thing was
funny. I kind of want to start there.
So what is Gork? I missed the whole like I missed
everything. So what's this Gork story?
I saw Elon, I like that he's got the Mogos on, not going to lie.
But what was this story there? So, you know, they have the the
XAI agent is grok. They they launched a new one,
Gork, which is more, I think humor, humor based with with a
little bit of a different spin. So not shocking a, that DJ has
launched A token for it and B, that Elon was interacting with
it from a training perspective. This was a a really hard one to
catch. So like I totally missed this
one. So I think the first time I saw
it, it was already over 20 million.
And in this market, I'm not really chasing memes that high.
I think we, we, we got this what Elon post, it ran to like 40
million and then retraced. And then Elon made his PFPI
think it shot to like 80 or something.
That's it. It's been retracing a bit.
So yeah, you can see kind of all the action there.
So does Elon have no more Elon? Elon he had no more motion or
something like 100 mil like peon was like billets.
Yeah, I mean, that's the thing. So this is tough because for
one, it's not a meme. Like it's just tied to the name
of the AI agent. You always sell the Elon pump
man you. Really haven't seen a whole lot
of tokens like this really go that high.
It's like for me, the ceiling was always kind of low on this.
It's one of those that shot so high so fast.
I think when that just alienates a lot of people.
So like, I definitely prefer those memes that like have a
slower arc up to 5 to $10 million because then you can,
you can get a little bit of a community.
You, you kind of get through some of those like early 30 to
70% pull backs when it just shoots straight to 20.
It's like now it's just people just throwing capital at this,
hoping for A2 or 3X. No one actually, there's nothing
really behind it other than just like, oh, hopefully Elon tweets
about it and then he does. And once you've done it, you
start asking yourself, OK, well, what's the next big catalyst?
Like once you've already had the Elon tweets and the PFP change,
right? So that's that's kind.
Of. It comes after like just kind of
walking you through the week. I mean, it was a hot week.
I had a very solid week trading tokens.
We talked about I was early to house coin.
I caught a a nice series of runners.
I was early to neat this. You sent U.S.
House coin before I travelled and that was a wait for five
weeks. You sent that to us is
$5,000,000 dude. Yeah, nice little position of
five, still holding a good chunk of it.
I think this one can still go higher.
I'm not in in any way surprised that it's pulled back from its
run to 100. Yeah.
Obviously. Yeah, I mean, it took some
serious Ansem showing to get that high.
One take away, Ansem still has it.
Ansem can pump coins higher than Elon.
Oh he can. I mean how many followers Ansem
have? Ansem still has the motion dude.
He moved it from 10 to 80 basically. 7 and 20K.
Which is a pretty big move in this market.
It it's cooling off now it's got a lot of flood on the time I get
on which which I kind of like and I said last week, this one's
going to be a test of this current market, like how high
this can go is this kind of it's a good estimate of of where this
market is right now. So it can go higher.
I also wouldn't be surprised if it if it just dips and chops for
a long time either. So, you know, we'll certainly
see, but. What else you were saying?
Neat. What's this neat thing?
Not an employment, education or training.
So this is. The the.
Faith that a lot of zoomers in the next generation are facing
right? Like in this when AI, when the
robots take all the jobs, like there's this big question of
like what? So what are people?
Oh man, and they're. And they're going to be in this
bucket called neats and like Warren Buffett is going to be a
neat. Yeah, I saw you stepping down.
From Berkshire and like they're the Twitter accounts.
Funny, they're embracing the meme.
And to me it kind of feels like this meta right now is like this
zoomer meta. So house coin is a zoomer backed
coin, right? It's like it's their rebellion
against the housing market. Zoomers can't afford houses.
Boomers, you know, pumped up this Ponzi housing scheme.
Yeah, yeah, it's so good. I love the narrative.
It's not affordable, so I'm going to buy house coin instead.
And he's kind of in that family, right?
So like. A like a zoomer engine zoom.
I like it. So they're they're trying to
hyper gamble their way out of this financial crisis and I'm
going to be right there alongside them.
So I like this one. I think it can.
I think it can go higher. I like the market cap on this
one. It's not too much Like if
someone who missed the whole meta the last month, I come back
home, I'm not buying a 6070 mil token, but if I want to buy a
token, which I'm not going to do it because I just don't feel
like it right now I'm tired, but like I would buy a $10 token.
You feel me like like as as someone who kind of missed out.
What else did I miss Like there's?
Boop was the big thing you missed.
Yeah, so I'm tier 3, someone just asking the thing saying
Pharaoh, will you claim your BOOP AirDrop?
No, because tier 360 K and enough for me to launch that
token. If it was still 300K and that
was tier one I I would I would have to think.
So everyone can know, I've been trying to get Pro to launch a
token and he's been, he's been pretty steadfast against it.
I mean I'm tier 3 like if I was one or two like tier 3 just for
60 grand even if it's. Down 70%, which I think is very
possible. I think my realistic target is I
think it could trade at 100 million when these unlocks start
to happen, so $0.10. It's Dingly.
It's a 20K, it's a 20K air drop for you.
I mean, that's still a pretty damn big air drop.
I know it's just not worth it for me.
It's like the headache, yeah. Yeah, I get that.
I'm not trying to like, you know, hard convince.
He really wants me to lost the token y'all hey?
Really, I wouldn't. I wouldn't buy your token.
The reason I'm saying it is like no one cares.
It's like you, just you. You click a couple buttons, you
launch a token and if you don't tell that, if you don't talk
about the timeline, like no one is going to go buy it.
And like the only people who are buying it are these snipers.
Those snipers get wrecked if they buy it.
If if you are someone who's actively watching the boop
leaderboard for a a high falling creator to launch a coin and
then getting upset like like, what were you expecting?
Like so and we, we, we've seen the let's say about 30 to 4 so
far of the people who are eligible.
That clock is tipped, but. How do you like this?
Honestly, I missed the whole thing, but it's mostly over the
timeline. By the way, I feel like last
week I saw a little bit of it, like a lot of people are like
virtual signalling, like, oh, I'm not going to launch with
token, but like you invested in the token and invested in the
round. So, but like I saw Cyrus do it
and I would have done the same thing if I was tier one.
I'd be launching it today. No shame.
Swear to God. Like I don't care if I was AT
1:00 and it's a $300,000 AirDrop.
Fuck y'all I'm not, you know what I mean?
Like, just don't trade it, you know?
But what's more interesting here is this the broader conversation
of Can a new meme coin launchpad displace pump fun or take a
meaningful share? I see 53 K, yeah.
And what's interesting about BOOB is their their tokenomics.
So everyday 1,000,000 BOOP tokens, that's 200 and 72170
thousand. Is it really that much?
Yeah, $270,000 are given out today. 30% are going to creators
and 70% are going to holders for graduation tokens.
So as a creator, if you launch a token that graduates, you will
get a percent share of 30% of 1,000,000 BOOP tokens.
And as a holder you are going to get percent share of 70%.
So 700,000 BOOP tokens, you know, based on market cap, how
much you hold, that type of thing that that's important
incentives. They also have the staking
incentives. So this is meant to go after the
whales who want to be playing the meme coin game but don't
want to sit at their computer for 10 hours a day.
You and you stake boot tokens, you get a percent, a percent of
all the tokens that graduate. So the runner last night was
this pork token. I have a small amount of boot
stakes so I got pork tokens in my wallet.
Here. Yeah, right there.
So now you get to root for all of these and like, is it going
to be a meaningful amount at $3,000,000?
Probably not, right? I think Dingling even showed if
you had like $13,000 worth of boop stakes, you got like
$400.00. Not a ton, but like decent ROI.
So they've got the incentives there.
This, I think this is the best set of incentives we've seen.
How is the radium one doing? Because you and I were saying if
one people person can do it while it's radium and then we
like the way they were set up, how's that going?
Yeah, let me try to check in on that.
Because you'll see why I'm asking.
I know it's. I know we're talking about boot,
but. Launch Labs, they hit $100
million in cumulative volume last week.
Pretty big number. I mean not easy to to get there
by. Anything that's very successful,
I know. I'm trying to, I'm, I'm
filtering their board by market cap right now.
If this is accurate, I'm not saying any tokens over 50K.
So that's not great. So I think that's.
What does boop have? Big tokens yet Like highest
monkey cap So it's 7,000,700 K. So it's two of them that are
over a certain amount. Million has a few over 100K and
then that's it. So that's what you need, right?
You need to have the runners. How about pump fun?
Like how about pump fun tokens, right doing right now.
If I go by like even the latest one, like Gork was Gork house
coin. See all these are they're pump
fun tokens, right? Even the troll one is all over
my timeline. So troll house coin needs Gork
and chill house or all pump fun tokens Tyler.
All all the big coins are. So you see what I mean?
Like it's like the market is still proving that it's pump fun
tokens doing the best. Like Ava is still doing well on
the AI tokens. It's tough because they're all
they still have all the users and volume and liquidity is on
pump fun. Like it's crazy, right?
Like, do you talk to me about all these right now?
You mentioned that these four on the show right now as last
week's runners to catch me up. They're all pump tokens.
In troll, I mean, troll might be you can you can make a case
that's got it's one of the stronger memes of this new
class. I mean, it's only like 30
million right now. What's the story behind this
one? I'm seeing all over my timeline
but I have no idea where, what, how, who it's.
Just it's tied to that OG troll meme like.
Yeah, classic. 4 Chan like there was a Black Mirror episode about
this. 10 OK, OK OK, I got to catch up on Black Mirror while
I'm back. So this is more just like this
is like your your Pepe style meme.
It's it's a back the meme itself and it's not like an intention
of it. Yeah, just quickly before we,
we, we go on the code today, CZ rafflebot dot XYZ, raffle bot
dot XYZ code. Is CZ just a thing for
everybody? Because I just send send me a
message. We have 500 users that are
referred. Only 20 people replace the bet.
You have to place a bet to be eligible to win.
So that means that you have a big chance to be selected every
day. We give money every way every
single day. So make sure you put money in
your account, use the FOMO hour code to get in and place your
first bet in order to be eligible.
Can you spell bet? It's just we have to make sure
that you're a real person. Anyways, back to the
conversation, Tyler. I think these numbers show the
answer right. I think Ding is a good founder.
I think tokenomics wise, like I like what you're saying, but the
boob stuff, and I know you were saying that they have like some
very strong tokenomics or incentive program.
I kind of like the idea that like you have to make a token to
get your to. I I thought it was fun.
I felt a little bit on the timeline when that came out.
Also, I tried to claim my airdrops on multiple trading
wallets and you have to spend half a soul to get your AirDrop
and it's worth it, the ROI because even if it's a $300.00
AirDrop, half a soul is way less than that.
So it's like, so I kind of like the way it launched, but I still
don't think anyone's going to be pump fun.
It's an uphill battle. It's a very tough one, but those
again, like similar people tell me like like some people tell me
I don't think Marriott can beat, for example, polymarket or
cautious. I don't give a shit because even
if I'm the third biggest, prettiest market in the world, I
guess it's worth a billion dollar plus, you know what I
mean? So it's OK.
Also, like there's going to be a pump fun and a launch flab and a
boop, you know what I mean? It does feel like there is some
hunger out there for this. Yeah, like people are rooting
for it. But it's also just very, very
hard. It's hard to change user
behavior. Everyone's used to pump fun, but
I mean I thought it was it was hard for open C to get displaced
and that is usually so. But they're still back now,
right? Yeah, they're, they're back to
#1. It took almost nothing for them
to come back that big. What kinds of blur giving up,
right? Yeah.
So we'll see who goes for the longest time.
Yeah, this is. It's going to be an interesting
battle to see. The other wild card is are they
forcing if if pump fun, they've got a card up their sleeve
right, that pump token. So if they ever get some serious
pressure, Dave, are they going to?
Drop who passes a coin, You know, launch Labs has a coin,
Radium Pump funds doesn't have a token and that's their
superpower. It's a superpower not to have a
token life. You know what I mean?
Because you could cap your upside.
So that's so it's crazy to me how much money pump phone has
made this year. It's a year old company and
they've made like half a billion dollars They're.
Still making? We were talking about last week.
They're still making like 2 million a day.
What a cook man, what a cook. Anyways, Tyler, what?
What else is there? I know we're up on time shortly,
but was was some big news? Yeah.
I mean, I think we kind of went through it was a slower weekend.
We talked about things, the export, we talked about Tether.
AIII think a big one to watch this week is the stable coin
bill. So there's a little bit of fun.
There's also like Sander reported for for Decrypt that
Coinbase allegedly doesn't want this stable coin bill to pass,
saying that they want a more comprehensive bill.
Do they don't think 2 bills are going to get through this year?
So they want this one to fail to get a more comprehensive bill in
place. While a lot of others are
thinking like this is the shot, like they need to get it
through. So there's a little bit of a
clash. Like 1 spokesman for Coinbase
came out and said that wasn't true.
So there's a little bit of back and forth playing out.
But this is now become a little bit more of a hot political
item. I think the vote is scheduled
for Thursday. So we we should know some kind
of resolution on this thing here in a few days.
So I think expect more, expect more to come on this stable coin
bill, which is going to be a pretty big deal if it passes or
and if it doesn't. Yeah, there's a lot of beef
around that, so I saw that as well.
All right, well, look, I'm pretty sure we can cover the
rest tomorrow if we need to. Space.
Busy space, man, busy space. I just want to wake up that one
morning with front coin at $2.00.
So I need. Oh, looks like the Curve Twitter
is hacked, so be careful, y'all. I'm just seeing the comments.
And every every other day I could someone else got hacked
last week. That's.
So bullish though. Cyber Liquid.
Yeah, I saw that, saw that. Just be careful, y'all, Curve
Finance, the Twitter's a hacked and now you know that you can't
comment. So just be careful when that
happens. All right?
I got to go upload the CZ interview.