1 00:00:00,040 --> 00:00:04,200 GMGM everyone, can you all hear us see some thumbs up in the in 2 00:00:04,200 --> 00:00:05,800 the audience. I'm pretty sure everyone can 3 00:00:05,800 --> 00:00:08,840 hear us. OSF is having technical 4 00:00:08,840 --> 00:00:13,360 difficulties it seems it's just me and him again for Oak is too 5 00:00:13,360 --> 00:00:17,240 busy with with meetings in Paris Fashion Week I think. 6 00:00:17,240 --> 00:00:18,040 I think that's where he is, right. 7 00:00:18,040 --> 00:00:19,520 He's at some sort of fashion conference. 8 00:00:20,200 --> 00:00:24,080 I can only imagine how French he's being at that at that 9 00:00:24,080 --> 00:00:26,440 conference. Myself and OSF are less 10 00:00:26,440 --> 00:00:28,320 fashionable and less French. We are. 11 00:00:28,320 --> 00:00:30,760 We are still here. We will be in France tomorrow. 12 00:00:31,760 --> 00:00:34,360 Harry, are you looking forward to the event, Ovi? 13 00:00:35,040 --> 00:00:39,240 Yep, You. Yeah, I I mean, I I feel like I 14 00:00:39,240 --> 00:00:41,360 I do all right. At these events, you are often 15 00:00:41,360 --> 00:00:44,960 found in the back corner of the backroom hiding behind some sort 16 00:00:44,960 --> 00:00:47,400 of a curtain. You ready? 17 00:00:47,400 --> 00:00:49,920 You ready for 400 people potentially all coming to say 18 00:00:49,920 --> 00:00:54,480 hello to you? It's it's weird because I don't 19 00:00:54,480 --> 00:00:56,840 think I'm not a people person, like I've got loads of mates and 20 00:00:56,840 --> 00:00:58,200 I was like having a laugh and. Stuff. 21 00:00:58,200 --> 00:01:00,600 Load of mates. Yeah, I've got loads of mates. 22 00:01:00,600 --> 00:01:04,160 But I think when you do your own events and every single 23 00:01:04,160 --> 00:01:06,400 interaction, there's someone saying oh, can I get my friends 24 00:01:06,400 --> 00:01:07,800 in, can I get this in, can I get this person in? 25 00:01:07,800 --> 00:01:08,880 And I'm just like, for fuck's sake. 26 00:01:08,920 --> 00:01:12,280 All I want to do is have a fucking beer and have a bit of a 27 00:01:12,280 --> 00:01:15,160 bit of a laugh with someone. Not just be like bombarded with 28 00:01:15,160 --> 00:01:16,560 like can I get my mate in, can I get my mate in? 29 00:01:16,560 --> 00:01:19,240 So that's the part I'm dreading. I'm probably just going to, 30 00:01:19,240 --> 00:01:23,760 like, turn my phone off and if anyone asks me that question, 31 00:01:23,760 --> 00:01:26,040 I'll just stare them blankly in the face and then. 32 00:01:26,200 --> 00:01:28,200 Yeah, to be fair, this is actually a public announcement 33 00:01:28,200 --> 00:01:31,880 to anyone willing to contact myself or OSF over the next 48 34 00:01:31,880 --> 00:01:33,920 hours. My phone will be off from 35 00:01:33,920 --> 00:01:36,280 tomorrow OSF. I'm sure we'll do something 36 00:01:36,280 --> 00:01:41,320 similar. We we it just gets too nuts, 37 00:01:41,800 --> 00:01:44,600 these events. We love you all, but yeah, 38 00:01:44,600 --> 00:01:47,200 otherwise we just get attacked for whatever we do. 39 00:01:47,720 --> 00:01:51,320 We've sent out tons of tweets with all the event details how 40 00:01:51,320 --> 00:01:53,440 you can get tickets. There are still 53 tickets that 41 00:01:53,440 --> 00:01:55,160 you can claim. Just look at my tweets. 42 00:01:55,160 --> 00:01:58,600 Look at the red drink tweets. Do not hassle me because you 43 00:01:58,600 --> 00:02:01,960 didn't. You were too lazy to make yes 44 00:02:01,960 --> 00:02:03,000 just beforehand. Yeah. 45 00:02:03,640 --> 00:02:07,160 Oh, just don't do it. Oh, in Paris last time, OSF was 46 00:02:07,160 --> 00:02:09,720 literally in the back corner of of the room. 47 00:02:09,720 --> 00:02:12,440 And then in New York, I found him behind a curtain. 48 00:02:12,440 --> 00:02:14,080 Like, literally behind a curtain. 49 00:02:14,080 --> 00:02:17,640 I just found him sat down, not shivering, but definitely not 50 00:02:17,640 --> 00:02:19,160 looking. That was probably the worst. 51 00:02:19,160 --> 00:02:20,360 I think I've seen you look along. 52 00:02:21,880 --> 00:02:23,720 That I've never had a panic attack before, but that's 53 00:02:23,720 --> 00:02:26,600 probably the closest I've had to. 54 00:02:26,720 --> 00:02:28,640 You let me in, mate. Can you let me in? 55 00:02:29,160 --> 00:02:32,080 Are there any more wristbands for the VIP is our VIP? 56 00:02:32,360 --> 00:02:37,840 Where is everyone? Where is Fuck yeah, that was a 57 00:02:37,840 --> 00:02:40,960 toughy. Anyway, we are both looking 58 00:02:40,960 --> 00:02:42,360 forward. We will see you guys all there. 59 00:02:42,360 --> 00:02:44,560 The the drinks have arrived in Paris, I believe. 60 00:02:44,560 --> 00:02:46,800 Right. The drinks have landed in Paris. 61 00:02:46,800 --> 00:02:49,920 Yeah, they're there. In the city of love. 62 00:02:51,720 --> 00:02:54,440 OK, cool. Let's get into what's been going 63 00:02:54,440 --> 00:02:56,000 on in the market. We don't have any sponsors 64 00:02:56,000 --> 00:02:57,440 today, right? Or are we doing spins? 65 00:02:57,440 --> 00:02:59,200 Are we doing anything today, Jazz? 66 00:02:59,240 --> 00:03:01,960 Do we know? No, nothing today. 67 00:03:01,960 --> 00:03:03,480 Nothing. We're going to roll it over. 68 00:03:03,840 --> 00:03:06,080 We're going to roll it over. OK, roll. 69 00:03:06,080 --> 00:03:09,920 It's a rollover, people. We got a double rollover do. 70 00:03:10,160 --> 00:03:12,360 You remember our listeners just dropped by 50%. 71 00:03:12,360 --> 00:03:15,320 What's up with that? Yeah, sorry about that guys. 72 00:03:15,320 --> 00:03:17,560 You have to listen to us anyway. What's been going on, What's 73 00:03:17,560 --> 00:03:21,200 been going on in the market? It's a little bit spicy out 74 00:03:21,200 --> 00:03:26,080 there. Yeah, I mean it's you know, it's 75 00:03:26,080 --> 00:03:29,800 never going to be up only, but stocks have been a bit weak in 76 00:03:29,800 --> 00:03:32,560 the last two or three sessions. We have NVIDIA today I think 77 00:03:32,560 --> 00:03:35,360 after the market close. So that's going to be a big one. 78 00:03:35,360 --> 00:03:37,320 But yeah, it just feels a bit risk off. 79 00:03:37,320 --> 00:03:40,960 And then the ETF info number we had yesterday was a bit lower 80 00:03:40,960 --> 00:03:43,760 than the last few days and we're seeing some crypto. 81 00:03:43,760 --> 00:03:46,240 I mean we're seeing crypto weakness, but like bitcoin's 82 00:03:46,240 --> 00:03:51,160 still at 51.3 K ether's at 2920, ether's still basically at like 83 00:03:51,360 --> 00:03:54,680 it's 18 month highs and the timeline feels like it's in 84 00:03:54,680 --> 00:03:56,600 shambles. And to me that just says that 85 00:03:56,920 --> 00:04:00,760 people are actually massively underexposed to Bitcoin and ETH 86 00:04:00,760 --> 00:04:04,440 and are overexposed to alts. Basically everyone wants 87 00:04:04,440 --> 00:04:07,920 everyone is chasing the beta trade and CT trying to, you know 88 00:04:07,920 --> 00:04:11,480 make their multiples on altcoins and no one owns the the things 89 00:04:11,480 --> 00:04:13,920 that are actually rallying, which it seems to be really 90 00:04:13,920 --> 00:04:15,440 seems to be ETH right now to be honest with you. 91 00:04:15,920 --> 00:04:17,959 Yeah, that's exactly it. That's what it was. 92 00:04:17,959 --> 00:04:19,519 That's what it's been like for a while. 93 00:04:19,560 --> 00:04:26,520 I think we when ETH did this move from what 2500 to 3000, it 94 00:04:26,520 --> 00:04:29,240 felt as though people wanted to fade that move maybe at the 95 00:04:29,240 --> 00:04:32,520 start or wouldn't trust it. Because ETH often meant that if 96 00:04:32,520 --> 00:04:36,200 ETH rally the rest of the market sold off, then kept going and 97 00:04:36,200 --> 00:04:39,720 then everyone assumed it would be an alt market an alt rally 98 00:04:39,720 --> 00:04:42,600 and we never really had that. So really just ETH is 99 00:04:42,600 --> 00:04:46,120 outperformed it. It really has outperformed 100 00:04:46,120 --> 00:04:50,640 versus most alts. Solana solely was like trading 101 00:04:50,640 --> 00:04:54,000 at support today. I actually we got back into 102 00:04:54,440 --> 00:04:58,280 Solana leather trade just before we went on to the show. 103 00:04:58,280 --> 00:05:03,120 That's why I was a little bit late but I that hit like 102103 104 00:05:03,120 --> 00:05:07,480 area, 102101 even area on on Solana. 105 00:05:07,480 --> 00:05:09,840 So I just kind of felt like you know if you're not going to buy 106 00:05:09,840 --> 00:05:11,040 it now, when are you going to buy it? 107 00:05:11,400 --> 00:05:14,960 But it does feel as though everyone's still underexposed to 108 00:05:15,160 --> 00:05:18,320 to eat here. That figure I think is a big 109 00:05:18,320 --> 00:05:19,760 deal. So this isn't just a normal sell 110 00:05:19,760 --> 00:05:24,200 off, it's because the ETF had a particularly, not particularly 111 00:05:24,200 --> 00:05:26,880 quiet day like we're talking about 100 and 100 + 1,000,000 of 112 00:05:26,880 --> 00:05:28,920 inflows. But that's that's a little bit 113 00:05:28,920 --> 00:05:33,640 precarious after days and days of of 300 to 500 to 600 million 114 00:05:33,640 --> 00:05:38,960 inflows to get 100 and what 30 million day that suddenly 115 00:05:38,960 --> 00:05:40,520 changes the trajectory slightly would. 116 00:05:41,040 --> 00:05:43,120 I mean, it's very, very difficult to predict, but what 117 00:05:43,120 --> 00:05:45,840 do you think? It's two things. 118 00:05:45,840 --> 00:05:50,200 Like one thing is maybe the flows have slowed down. 119 00:05:50,800 --> 00:05:54,320 The other thing I think you have to factor in is it is the Monday 120 00:05:54,320 --> 00:05:57,160 after a holiday weekend, the Tuesday after a holiday weekend 121 00:05:57,160 --> 00:05:59,920 in the US So naturally, I think it's always going to be a 122 00:05:59,920 --> 00:06:04,040 quieter day for the markets. Like if you think about, you 123 00:06:04,040 --> 00:06:05,760 know, the day after a bank holiday, they're still pretty 124 00:06:05,760 --> 00:06:07,400 quiet, lots of people are still on holiday, right. 125 00:06:07,840 --> 00:06:11,760 So my hope and then maybe this is a bit mohopium is that we see 126 00:06:11,760 --> 00:06:15,400 that number info numbers start to pick up again because more 127 00:06:15,400 --> 00:06:17,880 people will be back into the market and focus on on that kind 128 00:06:17,880 --> 00:06:20,400 of stuff. But the risk is that you know 129 00:06:20,840 --> 00:06:22,680 it's not always going to be up early and we are going to get 130 00:06:22,680 --> 00:06:24,320 slower periods and the risk is that maybe we're entering a 131 00:06:24,320 --> 00:06:28,200 slower period here. But my hunch is that we see a 132 00:06:28,200 --> 00:06:31,680 bigger number today than we saw yesterday because it's going to 133 00:06:31,680 --> 00:06:35,440 be busier. Yeah, I think, I think it's 134 00:06:35,440 --> 00:06:37,160 probably a bit of both. I mean, we know that from being 135 00:06:37,160 --> 00:06:41,360 in the markets, right. It's those days after you come 136 00:06:41,360 --> 00:06:44,120 back, often people have taken the week off or it's just been a 137 00:06:44,120 --> 00:06:46,960 quiet period. So maybe maybe we'll see what 138 00:06:46,960 --> 00:06:49,920 those inflow numbers feel like. Today's the big day, right, 139 00:06:49,920 --> 00:06:52,720 because people should be back today if they took, if they took 140 00:06:52,720 --> 00:06:53,840 Monday off or something like that. 141 00:06:53,880 --> 00:06:58,120 But it'll be good to see that kind of go back up to 300 to 500 142 00:06:58,120 --> 00:06:59,560 million and then I think we can keep on going. 143 00:06:59,800 --> 00:07:01,120 This has been a nice little shake out. 144 00:07:01,120 --> 00:07:05,560 If it's low though, you know, hate to say it, but it's a long 145 00:07:05,560 --> 00:07:08,200 way down isn't it? We you got had a go at me today 146 00:07:08,200 --> 00:07:10,080 in the chat for for having saying. 147 00:07:10,920 --> 00:07:14,960 Well, as classic guys post, like the all time, all Time Bitcoin 148 00:07:14,960 --> 00:07:16,760 chart, it's a long way down from here ever again. 149 00:07:17,800 --> 00:07:19,480 Zoomed out, just zoomed out a little bit mate. 150 00:07:19,560 --> 00:07:22,560 Just just just took some perspective so to speak. 151 00:07:24,240 --> 00:07:29,880 But yeah, I I think Eve look the most precarious to me on that 152 00:07:29,880 --> 00:07:34,040 move if it does slow down just because so much of the ETH rally 153 00:07:34,040 --> 00:07:37,640 is around the ETF. So if that starts to slow again 154 00:07:37,640 --> 00:07:41,960 I think ETH ETH is basically a levered ETF trade in my eyes 155 00:07:41,960 --> 00:07:44,680 right now. Like whatever the ETF inflows 156 00:07:44,680 --> 00:07:48,360 are, that's your that's levered ETH as the move. 157 00:07:48,360 --> 00:07:51,200 So if that slows down I think the the ETH move slows down. 158 00:07:51,600 --> 00:07:53,840 But I just like Solana just because it been beaten up so 159 00:07:53,840 --> 00:07:57,280 much. So I did go more long. 160 00:07:57,280 --> 00:08:01,880 I had taken off some positions last night, but this morning I 161 00:08:01,880 --> 00:08:04,400 felt as though it was time to get back in just before we went, 162 00:08:04,520 --> 00:08:06,440 just before we went live. Hopefully we get a little 163 00:08:06,440 --> 00:08:10,240 bounce, be nice to a little bounce back up to 110 area on 164 00:08:10,240 --> 00:08:13,440 Telana and maybe Bitcoin need hang out. 165 00:08:13,720 --> 00:08:15,720 But alts really did not trade well right? 166 00:08:15,720 --> 00:08:22,200 Like meme coins down 10 to 20%, most old coins down still 5 to 167 00:08:22,200 --> 00:08:24,960 10% on the day and they would they had a bad day yesterday as 168 00:08:24,960 --> 00:08:28,440 well. So definitely not a good 48 169 00:08:28,440 --> 00:08:32,240 hours for altcoins. You've only really been saved if 170 00:08:32,240 --> 00:08:37,120 you've been in in Bitcoin or wreath it seems in terms of 171 00:08:37,120 --> 00:08:39,960 other stuff going on going on in the market right now. 172 00:08:41,360 --> 00:08:47,280 I guess we had the yesterday obviously we had the big AirDrop 173 00:08:47,280 --> 00:08:51,040 from Starknet that's kind of trading looks like it's settled 174 00:08:51,040 --> 00:08:55,440 slightly lower now it's down at about 15,000,015 billion FTV. 175 00:08:56,040 --> 00:08:59,320 You had portal announced they're going to do that AirDrop that's 176 00:08:59,320 --> 00:09:04,200 going to be a finance launch pad coin that's now trading with 2 177 00:09:04,200 --> 00:09:13,520 billion FTV and you had OP optimism did their AirDrop. 178 00:09:13,520 --> 00:09:16,640 I I saw you posted that you got a little bit of that, little bit 179 00:09:16,640 --> 00:09:19,120 of that AirDrop. Yeah, it was. 180 00:09:19,760 --> 00:09:21,240 If you're in the audience, if you're in AF TS, you should 181 00:09:21,240 --> 00:09:23,120 check this. So, optimism, Yeah, you won't. 182 00:09:23,120 --> 00:09:25,600 You get through it. It's just a creator AirDrop. 183 00:09:25,600 --> 00:09:27,680 So if you minted something, I think it's between the 1st of 184 00:09:27,680 --> 00:09:30,800 January 2023. If you missed something within 185 00:09:30,800 --> 00:09:37,200 basically the last 13 months, but ending in January 24, I 186 00:09:37,200 --> 00:09:40,440 think you can get an air drop. And then there are various 187 00:09:40,440 --> 00:09:43,160 things that multiply it, like if you minted something on OP or 188 00:09:44,120 --> 00:09:45,720 all this kind of stuff, but you should, you should check it. 189 00:09:45,720 --> 00:09:48,280 If you're someone who's like an artist and you've created the 190 00:09:48,280 --> 00:09:51,000 NFTS on Etherium, they've given out. 191 00:09:51,000 --> 00:09:53,720 They've actually given out a ton of money, they've given out a 192 00:09:53,720 --> 00:09:55,680 lot and they're meaningful air drops, I think. 193 00:09:56,400 --> 00:09:57,560 So it's quite cool to see. Them. 194 00:09:57,800 --> 00:10:00,400 Yeah, yeah, 4 million of optimism. 195 00:10:00,400 --> 00:10:03,400 And it's main, I think a lot of it will go to people who are 196 00:10:03,400 --> 00:10:06,440 artists or in the NFT space, because a lot of them, those are 197 00:10:06,440 --> 00:10:08,320 the sort of people who are deploying contracts, right? 198 00:10:09,960 --> 00:10:11,760 Yes. Yeah. 199 00:10:11,760 --> 00:10:15,040 So it feels like a little bit of a of an NFT AirDrop. 200 00:10:15,040 --> 00:10:22,440 So definitely go check that out. And we saw I guess some of the 201 00:10:22,440 --> 00:10:25,720 other stuff that was that was happening yesterday was the big 202 00:10:25,720 --> 00:10:29,080 one in AF TS was was what was going on with pudgy Penguins. 203 00:10:29,080 --> 00:10:33,120 So did you see this tweet out by maybe I'll share my screen back 204 00:10:33,120 --> 00:10:37,520 into share my screen but you see the the Walmart actually tweeted 205 00:10:37,520 --> 00:10:39,400 out about pudgy Penguins. I thought it was kind of wild, 206 00:10:39,400 --> 00:10:44,600 but it's definitely quite a big deal for them to be to be 207 00:10:45,360 --> 00:10:47,720 stocking pudgy toys. I think they came out. 208 00:10:47,760 --> 00:10:48,680 Can you see my screen? No. 209 00:10:49,360 --> 00:10:53,000 I cannot. Hold on, maybe you can share 210 00:10:53,000 --> 00:10:58,120 yours share screen. There we go. 211 00:10:59,720 --> 00:11:03,160 Yeah they they tweeted out that they are reordering the pudgy 212 00:11:03,160 --> 00:11:05,000 toys and they did it from their main account. 213 00:11:05,000 --> 00:11:10,000 So this this got 3.1 K likes but what do you think of that? 214 00:11:12,480 --> 00:11:18,400 Yeah, it's incredible, right, Like, whoa, it's it's amazing to 215 00:11:18,400 --> 00:11:24,520 see web three native band, you know, getting tweeted by Walmart 216 00:11:24,520 --> 00:11:26,760 and I know they've already had the stuff at Walmart, etcetera. 217 00:11:26,760 --> 00:11:28,960 But yeah, it's it's pretty amazing. 218 00:11:29,920 --> 00:11:33,720 It's wild, right, like it's I think they've expanded it and 219 00:11:33,720 --> 00:11:36,920 they've all. So it's now available in 3100 220 00:11:36,920 --> 00:11:39,040 stores across. The US Incredible, right? 221 00:11:39,760 --> 00:11:43,920 And I don't, I think they said how many more toys they were 222 00:11:43,920 --> 00:11:46,040 getting. But yeah, definitely, definitely 223 00:11:46,600 --> 00:11:50,040 a huge, huge Congrats to Luca there. 224 00:11:51,120 --> 00:11:52,400 He's just been absolutely smashing it. 225 00:11:52,400 --> 00:11:54,640 Did they, did they flip eights? Let me have a look. 226 00:11:54,960 --> 00:11:56,320 I don't. I still don't think they have. 227 00:11:57,120 --> 00:11:59,800 They went slightly below them, yeah. 228 00:11:59,800 --> 00:12:02,160 No, they're they're still hanging out slightly below. 229 00:12:02,160 --> 00:12:05,720 But that if they still keep on delivering stuff like that, 230 00:12:05,720 --> 00:12:07,480 that's going to be, that's going to be fairly wild. 231 00:12:07,680 --> 00:12:10,200 And we also saw this is the other one, sappy seals. 232 00:12:10,200 --> 00:12:14,640 So sappy seals did like 2X over the last seven days. 233 00:12:15,160 --> 00:12:17,200 We were speaking about that yesterday, right? 234 00:12:17,200 --> 00:12:19,640 And then they went up another 40%. 235 00:12:19,640 --> 00:12:22,280 There is. I think WAB put out a thing 236 00:12:22,280 --> 00:12:26,480 yesterday kind of denying there were some rumours that there was 237 00:12:26,480 --> 00:12:29,440 going to be some form of AI think all these random 238 00:12:29,440 --> 00:12:32,040 accusations and claims are a result of extreme information 239 00:12:32,040 --> 00:12:34,240 asymmetry between the actual core seal community, outsiders. 240 00:12:35,560 --> 00:12:37,640 They're basically those claims that they're that they're done 241 00:12:37,640 --> 00:12:40,360 around or something like that. Seals going up. 242 00:12:40,360 --> 00:12:42,480 It must be inside trading. He's saying I'm taking the piss 243 00:12:42,480 --> 00:12:46,320 out of it, so he's and he said, look, these rumors are obviously 244 00:12:46,320 --> 00:12:49,320 false. I saw they did they have a token 245 00:12:49,320 --> 00:12:53,160 right pixel and at the end of December they announced that the 246 00:12:53,160 --> 00:12:59,280 staking emissions would end at the end of Q1 and the the supply 247 00:12:59,280 --> 00:13:00,880 would be limited to 500 million tokens. 248 00:13:00,880 --> 00:13:03,800 So I I assumed that's what it was. 249 00:13:03,840 --> 00:13:08,000 I assumed that that coming to an end was the reason why they're 250 00:13:08,000 --> 00:13:09,840 rallying. But maybe I could be wrong. 251 00:13:09,840 --> 00:13:13,760 I don't. Know Nah I I I think I think the 252 00:13:16,280 --> 00:13:19,080 insides drilling lol. People get there's people just 253 00:13:19,080 --> 00:13:21,240 getting, you know, after the whole Moonbirds thing, people 254 00:13:21,240 --> 00:13:22,720 will obviously try and front run stuff. 255 00:13:22,880 --> 00:13:27,200 And do you think pudgy Penguins could buy sappy seals? 256 00:13:29,600 --> 00:13:33,240 That's a good question because they they kind of in the similar 257 00:13:33,240 --> 00:13:38,160 kind of world, if you like, you know, cold, cold weather 258 00:13:38,160 --> 00:13:40,080 animals. Animal species, yeah. 259 00:13:41,000 --> 00:13:43,320 Like they're cold weather animals and they look similar 260 00:13:43,320 --> 00:13:45,000 and I think yeah, they look very similar. 261 00:13:45,960 --> 00:13:48,200 Yeah, I think it could happen, right? 262 00:13:48,200 --> 00:13:49,920 It would be. It would be pretty. 263 00:13:50,360 --> 00:13:51,760 I don't know why pudgy Penguins would do that. 264 00:13:51,800 --> 00:13:53,640 I don't know what the benefit to pudgy Penguins would be to of 265 00:13:53,640 --> 00:13:57,720 doing that, but. You know, I guess they they 266 00:13:57,720 --> 00:13:59,640 would be the companion. The companion piece. 267 00:14:01,880 --> 00:14:04,400 You you, you don't see, you don't see seals being sold 268 00:14:04,400 --> 00:14:06,120 alongside Penguins. That just feels like it. 269 00:14:06,120 --> 00:14:09,200 It could work. I just think why would why? 270 00:14:09,480 --> 00:14:13,560 Why would pudgy Penguins not create their own new NFT and do 271 00:14:13,600 --> 00:14:16,320 a mint and probably make loads of money and expand their 272 00:14:16,320 --> 00:14:18,120 ecosystem that way? Like why do they need to buy 273 00:14:18,120 --> 00:14:21,480 another NFT project if sappy seals was an ecosystem? 274 00:14:21,480 --> 00:14:22,960 No. Like proof has a ton of holders 275 00:14:22,960 --> 00:14:25,240 right? And it's a big bigger ecosystem. 276 00:14:25,240 --> 00:14:27,880 There is some user acquisition there, but Sappy sales have won 277 00:14:27,960 --> 00:14:30,240 an NFT project probably with about 4000 holders. 278 00:14:30,400 --> 00:14:32,840 You're not really going to. You can watch them. 279 00:14:33,280 --> 00:14:35,480 Each one of the yoga acquisitions have been slightly 280 00:14:35,480 --> 00:14:38,400 different and like they add something rather than they're 281 00:14:38,400 --> 00:14:42,080 not similar acquisitions, right. Like they bought Punks, which is 282 00:14:42,080 --> 00:14:45,320 a very different sort of collection to bought apes and 283 00:14:45,320 --> 00:14:47,440 they've gone and bought Proof which is a very different 284 00:14:47,440 --> 00:14:49,480 collection to the the the previous two. 285 00:14:49,480 --> 00:14:53,040 So yeah maybe they don't need to It's quite easy to create a 286 00:14:53,560 --> 00:14:56,760 companion to to fudgy Penguins themselves but still it wasn't 287 00:14:56,760 --> 00:14:59,680 to see obviously that's a great community. 288 00:14:59,680 --> 00:15:02,080 You see them everywhere and they've been building throughout 289 00:15:02,080 --> 00:15:03,720 the bear. I think everyone was bullish on 290 00:15:03,720 --> 00:15:07,480 them for a long long time. So up to 5K now basically for a 291 00:15:07,520 --> 00:15:11,640 for a seal looks like, yeah $1000 for a seal. 292 00:15:13,360 --> 00:15:16,280 And then Moonbirds actually still post that acquisition of 293 00:15:16,320 --> 00:15:21,560 of continue to rise actually now I don't know but remember 294 00:15:21,560 --> 00:15:23,720 Moonbirds, there was some speculation that they would do a 295 00:15:23,720 --> 00:15:28,160 token in the past and then Kevin Rose basically said no, right. 296 00:15:28,600 --> 00:15:34,080 He was like oh it's not in the current viewpoint but then maybe 297 00:15:34,080 --> 00:15:36,560 maybe this whole acquisition puts that back into the into the 298 00:15:36,560 --> 00:15:42,080 spotlight like maybe a 16G feel comfortable that they could do 299 00:15:42,080 --> 00:15:43,520 something like that. What do you what do you think? 300 00:15:45,000 --> 00:15:47,560 With regard to. Moomba's token. 301 00:15:47,800 --> 00:15:51,200 Yeah, I mean that was the rumour yesterday and there was like a 302 00:15:51,200 --> 00:15:52,720 fake screenshot that went around. 303 00:15:53,360 --> 00:15:55,280 It would make sense if you think about it like it's a 304 00:15:55,280 --> 00:15:59,160 monetization angle for VCs because you can give yourself a 305 00:15:59,160 --> 00:16:01,000 token and then exit some of your investment that way. 306 00:16:01,000 --> 00:16:04,880 And you know, that would, I'm sure proof is always planning a 307 00:16:04,880 --> 00:16:07,560 token. There were, there were rumours 308 00:16:07,560 --> 00:16:09,440 about it for a long time and never actually materialized. 309 00:16:09,440 --> 00:16:14,960 But given the nature of ACC and C investments, they tend to be 310 00:16:14,960 --> 00:16:17,680 in things with tokens and that's how many VCs like monetize their 311 00:16:17,680 --> 00:16:20,040 investments. So I wouldn't be surprised if a 312 00:16:20,160 --> 00:16:24,320 token is still in the cards. It's probably a token that maybe 313 00:16:24,320 --> 00:16:26,760 does well because it will have a lot of attention to begin with 314 00:16:26,760 --> 00:16:29,120 and we'll see if they're able to actually add any utility to it. 315 00:16:29,120 --> 00:16:33,320 But it is a token that I think would complicate the ecosystem 316 00:16:33,320 --> 00:16:36,120 and people would start wondering where the value falls again. 317 00:16:36,120 --> 00:16:38,920 It's like at least with Acorn you have just Acorn and then you 318 00:16:38,920 --> 00:16:40,560 have all the other stuff, but now it's like, do you have 319 00:16:40,560 --> 00:16:42,320 Acorn? Do you have or something else? 320 00:16:42,320 --> 00:16:44,280 And how does that all that fit the other side and? 321 00:16:44,880 --> 00:16:46,680 Are you going with sneaky pumping this week? 322 00:16:46,680 --> 00:16:49,240 Actually I wonder what it's done today with with all the 323 00:16:49,240 --> 00:16:52,560 weakness. But yeah it's definitely it has 324 00:16:52,560 --> 00:16:55,280 had a bit of a rally since the Moonbirds acquisition. 325 00:16:57,040 --> 00:16:58,920 You know that's it was trading it. 326 00:17:00,800 --> 00:17:06,720 Yeah just even at the start of this start of this year it was 327 00:17:06,720 --> 00:17:09,680 trading just a just shot of one and now it's at 1.7 roughly. 328 00:17:09,680 --> 00:17:12,839 So you know maybe there is some speculation there that they're 329 00:17:12,839 --> 00:17:15,520 they're about to do something obviously that's of course it's 330 00:17:15,520 --> 00:17:19,319 been beaten up a lot but in the this whole gaming rally people 331 00:17:19,319 --> 00:17:21,599 like IP. So maybe that's an easy play. 332 00:17:22,800 --> 00:17:26,599 Speaking about that in in the gaming space we saw I guess a 333 00:17:26,599 --> 00:17:28,560 few different different headlines. 334 00:17:28,560 --> 00:17:32,360 I already touched upon the portal you had zai I think you 335 00:17:32,360 --> 00:17:35,320 were going to come through and say taking a partner with layer 336 00:17:35,320 --> 00:17:38,600 zero I think zai as far as I can tell this keeps on going high 337 00:17:38,600 --> 00:17:45,560 around like it's kind of wild. Yeah up again today zai close to 338 00:17:45,560 --> 00:17:50,960 hitting all time highs 3.3 billion now on on zai coin so 339 00:17:51,520 --> 00:17:55,000 shout out sobi layer zero I think will be quite a big deal 340 00:17:55,000 --> 00:17:56,440 for them. Obviously allows them to go 341 00:17:56,440 --> 00:17:59,800 multi chain with some of the games that are going to, they're 342 00:17:59,800 --> 00:18:02,160 going to on board. That's definitely been a big win 343 00:18:02,160 --> 00:18:03,720 for for people in the gaming space. 344 00:18:04,400 --> 00:18:07,240 Recently we saw Mad lads, Mad dads said they're going to do an 345 00:18:07,240 --> 00:18:11,480 ordinals collection, a lot of a lot of stuff going on there with 346 00:18:11,480 --> 00:18:13,640 mad lads at the moment. They've obviously got Backpack, 347 00:18:14,160 --> 00:18:17,320 the team behind it have got an exchange going which I believe 348 00:18:17,320 --> 00:18:19,480 is going to go live in a bunch of different U.S. states as well 349 00:18:19,480 --> 00:18:22,440 and that's doing over a billion dollars in volume a day at the 350 00:18:22,440 --> 00:18:25,040 moment. But yeah, they they look like 351 00:18:25,040 --> 00:18:26,960 they're going to do an ordinals collection as well. 352 00:18:28,080 --> 00:18:31,280 Those mad lads now like mad lads has got to be one of the. 353 00:18:31,840 --> 00:18:35,640 I think they flipped the market cap of of Mutants the other day. 354 00:18:36,480 --> 00:18:39,080 They're now 20K20K for a mad lad. 355 00:18:40,600 --> 00:18:43,280 Yeah. They yeah, definitely, 356 00:18:43,280 --> 00:18:47,080 definitely in the top, top band of profile, profile, picture 357 00:18:47,080 --> 00:18:49,520 projects now. At least the main ones. 358 00:18:49,960 --> 00:18:52,280 And if they go to ordinals we've obviously seen D Gods do 359 00:18:52,280 --> 00:18:55,920 something similar and that project the D goals on Bitcoin 360 00:18:55,920 --> 00:18:59,160 actually had a bit of a rally last week but it's people still 361 00:18:59,160 --> 00:19:00,960 like the ordinals. So I think this is quite a smart 362 00:19:00,960 --> 00:19:04,160 play to to kind of go multi chain. 363 00:19:04,880 --> 00:19:09,000 So we we've seen that in the in the Solana ecosystem. 364 00:19:09,400 --> 00:19:12,800 Solana other than that like we we spoke about it today like 365 00:19:12,800 --> 00:19:17,000 it's kind of lost lost a little bit of the narrative about 366 00:19:17,000 --> 00:19:20,040 things going on at the moment. Maybe maybe we should speak 367 00:19:20,040 --> 00:19:21,240 about that for a minute. Like it. 368 00:19:21,440 --> 00:19:24,040 There is a reason it's been underperforming and I think 369 00:19:24,040 --> 00:19:27,320 that's mainly just because, yeah, it's just like everyone's 370 00:19:27,320 --> 00:19:31,000 focused on things like Blast right now and and and the ETF 371 00:19:31,000 --> 00:19:34,720 and and some of the stuff there is has been definitely quieter. 372 00:19:38,240 --> 00:19:43,200 Yeah. It's like it's it still feels 373 00:19:43,200 --> 00:19:48,040 like the market is not big enough for multiple narratives 374 00:19:48,040 --> 00:19:49,600 to hold. Like capital seems to want to 375 00:19:49,600 --> 00:19:51,760 flee from one place to another to another to another. 376 00:19:52,520 --> 00:19:56,680 And we had Salat, you know, it was like, Salana's great. 377 00:19:56,680 --> 00:19:58,520 Like, this is the casino. I mean, we're all saying it as 378 00:19:58,520 --> 00:19:59,200 well. This is the casino. 379 00:19:59,200 --> 00:20:01,240 This is where all the DJN activities happening, this sort 380 00:20:01,240 --> 00:20:03,440 of what all the shit coins are doing, it's really cheap to use. 381 00:20:03,440 --> 00:20:06,520 Great, great, great. And then you have a big air drop 382 00:20:07,200 --> 00:20:09,680 and someone you know, everyone starts looking at that again, 383 00:20:09,680 --> 00:20:12,160 You know, suddenly, you know, just only a few weeks ago, 384 00:20:12,160 --> 00:20:14,760 Salana felt like this hottest, craziest thing. 385 00:20:15,200 --> 00:20:19,040 And now it feels like a lot of the focus and activity has 386 00:20:19,040 --> 00:20:21,840 shifted away from it. Back towards ETH and back 387 00:20:21,840 --> 00:20:25,040 towards ETH beta, and you've had these big air drops and optimism 388 00:20:25,040 --> 00:20:27,720 and other stuff and you have blast coming up and that's just 389 00:20:27,720 --> 00:20:29,160 where money wants to go, because it's. 390 00:20:30,280 --> 00:20:31,880 Interesting that it's not actually being shown in the 391 00:20:31,880 --> 00:20:33,280 numbers though. I just brought this up like 392 00:20:33,400 --> 00:20:37,560 Solana TVL just broke 22 billion, which again just keeps 393 00:20:37,560 --> 00:20:39,720 on going higher. The volumes on the chain, yeah 394 00:20:39,720 --> 00:20:42,480 they spiked the Jupiter, but it's not been that big a drop 395 00:20:42,480 --> 00:20:45,240 off, right. Like this is still a very high 396 00:20:45,240 --> 00:20:47,520 volume period. It just feels as though there 397 00:20:47,520 --> 00:20:49,360 are other. It's not like it's doing badly 398 00:20:49,360 --> 00:20:52,680 it's just that there are other this is other focus right now 399 00:20:52,680 --> 00:20:57,160 rather than and I guess timeline governs, governs price just as 400 00:20:57,160 --> 00:21:00,800 much as like these numbers do. I definitely have not seen 401 00:21:00,800 --> 00:21:03,080 people talking about Solana as much on the on the timeline 402 00:21:03,160 --> 00:21:06,480 other than donkey on the fact that it's underperformed the 403 00:21:06,480 --> 00:21:10,880 since the start of the year. Yeah, I think, look, I think 404 00:21:14,400 --> 00:21:18,960 there's a difference between TVL and volumes versus just like the 405 00:21:18,960 --> 00:21:21,880 timeline. And I think the timeline is, you 406 00:21:21,880 --> 00:21:24,080 know for for a while the timeline is all about Solana 407 00:21:24,080 --> 00:21:27,280 shit coins and now all those, you know most of those are down 408 00:21:27,280 --> 00:21:29,920 80 or 90% and the timeline is just quiet about them now. 409 00:21:30,280 --> 00:21:32,640 Now the timeline's all talking about blasts and timeline that 410 00:21:32,640 --> 00:21:36,160 doesn't always correspond with TVL and activity and volumes 411 00:21:36,160 --> 00:21:39,200 because a lot of the those volumes come from larger whales 412 00:21:39,200 --> 00:21:43,040 or institutions who aren't there sitting there laughing on on CT 413 00:21:43,040 --> 00:21:45,240 all day. So there's a mismatch between 414 00:21:45,240 --> 00:21:47,360 that. But I think, you know, I think 415 00:21:47,360 --> 00:21:51,040 the the CT aspect does have an impact on prices at the end of 416 00:21:51,040 --> 00:21:53,440 the day because it's where a lot of retail get their information 417 00:21:53,440 --> 00:21:57,000 from and it's where they, you know, data points they use to 418 00:21:57,000 --> 00:21:58,680 decide where they want to to be in. 419 00:21:58,680 --> 00:22:02,960 But yeah, it's kind of, it's a weird one. 420 00:22:02,960 --> 00:22:05,240 I think. I think it will come back. 421 00:22:05,240 --> 00:22:07,720 I do think Celana will come back because I think there's so much 422 00:22:07,760 --> 00:22:13,720 going on. 2024 down so far, Bitcoin 24% higher, E 33% 423 00:22:13,720 --> 00:22:17,440 higher, Solana down 3%. You know it's been a really 424 00:22:17,440 --> 00:22:23,520 remarkable under performance from from Solana versus E over 425 00:22:23,520 --> 00:22:26,760 the course of the last month. I think we timed that one well 426 00:22:26,960 --> 00:22:31,280 in terms of this show like the majority of that out performance 427 00:22:31,280 --> 00:22:35,160 has happened over the last over the last couple of weeks. 428 00:22:35,400 --> 00:22:40,200 But it does, it's definitely getting to a stage now I think 429 00:22:40,200 --> 00:22:44,480 even Wiz but like you're starting to see that's been such 430 00:22:44,480 --> 00:22:47,600 a remarkable and performed over the last month that this starts 431 00:22:47,600 --> 00:22:50,800 to now hit resistance around this sort of area on on Soliath 432 00:22:50,800 --> 00:22:54,520 and and maybe you start to see a bit of a return maybe I'm just 433 00:22:54,520 --> 00:22:58,440 focused on this because I put on that trade, but it's definitely 434 00:22:58,440 --> 00:22:59,560 something that's on that's on my radar. 435 00:22:59,560 --> 00:23:02,680 I think it's on the radar of a lot of people at the moment and 436 00:23:02,680 --> 00:23:08,000 then looking forward to what is going on over the next 24 hours. 437 00:23:08,320 --> 00:23:10,800 It's obviously a big day for macro because you've got NVIDIA 438 00:23:10,800 --> 00:23:13,200 earnings. What's been going on in macro 439 00:23:13,200 --> 00:23:15,760 today like how how's macro trading going into those? 440 00:23:17,080 --> 00:23:19,600 Oh, well, NVIDIA stock I think was down today. 441 00:23:19,920 --> 00:23:23,080 It's down about 2% today and it was down about 4% yesterday. 442 00:23:23,080 --> 00:23:25,840 So it seems to be selling off a little bit into earnings, but I 443 00:23:25,840 --> 00:23:27,480 think the entire market is also lower. 444 00:23:27,480 --> 00:23:31,640 So it's just marketplace. I saw a headline which is that 445 00:23:31,640 --> 00:23:38,240 NVIDIA lost 78 billion of market cap in one day and something 446 00:23:38,240 --> 00:23:41,760 like the implied volatility of NVIDIA right now NVIDIA is is 447 00:23:41,760 --> 00:23:43,680 the 4th biggest stock in the world. 448 00:23:43,680 --> 00:23:46,400 I think right now or at least in the US stock market, the implied 449 00:23:46,400 --> 00:23:49,880 volatility after earnings was something like bigger than 500 450 00:23:50,120 --> 00:23:54,760 of or 400 of the companies in the S&P's entire market cap. 451 00:23:55,000 --> 00:24:01,560 So NVIDIA is going to be like a Fed Fed Minute, like an FOMC. 452 00:24:01,680 --> 00:24:04,600 This will move the whole market depending on what it, what it 453 00:24:04,600 --> 00:24:08,920 does, every single earnings for the last four or five earnings, 454 00:24:08,920 --> 00:24:10,840 they've just absolutely smashed it. 455 00:24:12,960 --> 00:24:16,480 So you don't know, but I think it's a good sign that we kind of 456 00:24:16,480 --> 00:24:19,360 sold off going into it anywhere. Like it would have been a little 457 00:24:19,360 --> 00:24:21,880 bit more precarious if we'd been ripping right into these 458 00:24:21,880 --> 00:24:25,760 earnings, whatever happens. But AI has definitely been the 459 00:24:25,760 --> 00:24:28,960 focus. The other, the AI coins continue 460 00:24:28,960 --> 00:24:30,720 to to be one of the main ones moving. 461 00:24:30,720 --> 00:24:33,920 I think the one that I was focused on over the last 24 462 00:24:33,920 --> 00:24:39,520 hours was was FET, this AI Agents coin, which has just kept 463 00:24:39,520 --> 00:24:42,680 on going higher as well. We know that one all the way 464 00:24:42,680 --> 00:24:44,520 from when we first started in crypto. 465 00:24:44,520 --> 00:24:48,240 But the AI narrative, I think it's going to be largely defined 466 00:24:48,240 --> 00:24:51,360 by by what goes on in NVIDIA tonight and that that could 467 00:24:51,480 --> 00:24:54,280 actually define what goes on on in the whole of crypto, given AI 468 00:24:54,280 --> 00:24:56,200 has definitely been the strongest sector in crypto over 469 00:24:56,200 --> 00:25:01,880 the last 24 hours. Yeah, I don't. 470 00:25:01,880 --> 00:25:04,320 Yeah. You're looking at any AI coins, 471 00:25:04,320 --> 00:25:07,520 or is it just this top one here? Just that top one. 472 00:25:07,520 --> 00:25:10,960 I think that's the that's the main coin I'm looking at, yeah. 473 00:25:11,640 --> 00:25:14,000 It's the Have you still got on the one minute, the mug, the mug 474 00:25:14,000 --> 00:25:15,920 chart on the one minute. I don't have it. 475 00:25:15,920 --> 00:25:17,880 I mean, there's a couple of coins I have on them, one minute 476 00:25:17,880 --> 00:25:20,520 usually, and Mogg is one of them, but not at the moment. 477 00:25:20,840 --> 00:25:22,720 Not at the moment. Don't want to look at it on days 478 00:25:22,720 --> 00:25:26,840 like today. No, it's actually it's performed 479 00:25:26,840 --> 00:25:28,520 mostly. Performed pretty well, yeah. 480 00:25:29,160 --> 00:25:31,560 I performed most things things things are looking better. 481 00:25:31,560 --> 00:25:33,640 At least over the last hour. Everything's looking a little 482 00:25:33,640 --> 00:25:36,480 bit more green. Looks like we're not going 483 00:25:36,480 --> 00:25:39,560 immediately to 0. Let's see how we shake out as 484 00:25:39,560 --> 00:25:42,520 the as the day goes on. Anyway, I think that is it for 485 00:25:42,520 --> 00:25:44,680 today. We will see you all in Paris, 486 00:25:44,680 --> 00:25:46,600 Paris tomorrow if you're going to be there. 487 00:25:46,600 --> 00:25:49,440 I don't think we have a show over the next couple of days, 488 00:25:49,520 --> 00:25:51,880 right? Last show of the of the week. 489 00:25:52,880 --> 00:25:54,760 Wow, wow. Last show of the week, guys. 490 00:25:54,760 --> 00:25:59,080 So there's going to be a triple quadruple rollover for prizes, I 491 00:25:59,080 --> 00:26:02,560 think on Monday when Ferrero comes back and does his Oprah 492 00:26:02,800 --> 00:26:05,840 routine. We will we will see you all in 493 00:26:05,840 --> 00:26:06,760 Paris if you're going to be there. 494 00:26:06,760 --> 00:26:08,760 And if not, we will see you on Monday next week. 495 00:26:08,760 --> 00:26:10,200 Thanks for thanks for tuning in.