1
00:00:00,200 --> 00:00:07,680
Good morning, good morning GMGM.
Welcome to another episode of 

2
00:00:08,200 --> 00:00:13,000
Cuomo Hour today. 
Today is Tuesday, October 15th, 

3
00:00:13,000 --> 00:00:19,400
20/20/20. 
Folks, it is a cooler fall 

4
00:00:19,400 --> 00:00:23,640
morning here in Chicago today. 
We are actually in the 40s right

5
00:00:23,640 --> 00:00:27,080
now. 
Fall is finally here, but we are

6
00:00:27,080 --> 00:00:31,880
warming up here later this week.
It feels like October is also 

7
00:00:31,880 --> 00:00:34,200
warming up, folks. 
It was a massive day for the 

8
00:00:34,440 --> 00:00:37,200
ETFs. 
Larry is bull posting Bitcoin, 

9
00:00:37,200 --> 00:00:39,200
but taluk proposing changes. 
Folks, I don't know if you've 

10
00:00:39,200 --> 00:00:44,000
seen Bitcoin this morning. 
Bitcoin is pumping on the open. 

11
00:00:44,000 --> 00:00:47,040
The memes have been moving. 
We've got some surprising FTS 

12
00:00:47,040 --> 00:00:48,880
moving as well. 
We're going to break it all down

13
00:00:49,240 --> 00:00:52,160
on today's show. 
Farouk is traveling. 

14
00:00:52,160 --> 00:00:56,880
He is over in Paris, so he's not
here today, but we've got Mando 

15
00:00:56,880 --> 00:00:57,960
on. 
What does Mando? 

16
00:00:58,400 --> 00:01:00,800
GM, how you doing? 
Great day. 

17
00:01:01,080 --> 00:01:03,280
Absolutely amazing. 
How are you? 

18
00:01:03,960 --> 00:01:05,760
I'm doing well. 
Also. 

19
00:01:06,480 --> 00:01:08,800
We love this kind of movement. 
This early in the day. 

20
00:01:08,800 --> 00:01:10,840
I feel like I was like, I 
haven't seen a candle like this 

21
00:01:11,600 --> 00:01:14,200
in what feels like months, 
months and months. 

22
00:01:14,200 --> 00:01:17,760
So that's been a nice, nice 
start here, folks. 

23
00:01:17,760 --> 00:01:20,840
It's going to be a quicker show.
I got to rant to my son's field 

24
00:01:20,840 --> 00:01:23,520
trip here in about 30 or 40 
minutes. 

25
00:01:23,520 --> 00:01:26,400
So we're going to give you a a 
tight 30 minute show. 

26
00:01:26,400 --> 00:01:29,280
What are we going to talk about 
topics for today? 

27
00:01:29,280 --> 00:01:32,280
It's a big day for the ETFs. 
Plus Larry thinks bullish 

28
00:01:32,280 --> 00:01:33,800
Bitcoin comments. 
We're going to talk. 

29
00:01:33,800 --> 00:01:36,960
Vitalik publishing a new blog 
proposing major changes to 

30
00:01:37,000 --> 00:01:40,320
Ethereum. 
Kamala releasing a very strange 

31
00:01:40,400 --> 00:01:43,600
crypto framework. 
The Trump token went live this 

32
00:01:43,600 --> 00:01:45,480
morning. 
It's already seen $5,000,000 in 

33
00:01:45,480 --> 00:01:48,240
sales. 
Aiden Ross potentially building 

34
00:01:48,240 --> 00:01:50,400
a kick currency in the Stream to
Earn model. 

35
00:01:50,400 --> 00:01:53,200
We've got Hyper Liquid 
announcing its token, and then 

36
00:01:53,200 --> 00:01:57,600
we'll catch you up on all the 
latest in meme, memes and NFTS, 

37
00:01:58,240 --> 00:02:02,040
plus a lot more. 
Before we start, quick shout out

38
00:02:02,080 --> 00:02:05,160
to our partner Galaxis. 
With seamless built in 

39
00:02:05,160 --> 00:02:08,440
monetization tools, Galaxis 
enables the development of 

40
00:02:08,440 --> 00:02:12,280
sustainable long term 
communities, fulfilling Bitcoins

41
00:02:12,280 --> 00:02:15,200
vision of decentralized freedom 
and independence from 

42
00:02:15,200 --> 00:02:19,280
centralized control. 
Shout out to Galaxis as always. 

43
00:02:19,600 --> 00:02:21,880
All right, Mando, if you're 
ready, let's get into it. 

44
00:02:24,000 --> 00:02:39,520
Oh, you have it GM everyone so 
big big day. 

45
00:02:39,520 --> 00:02:44,800
It looks like Bitcoin hanging 
towards and towards was it 58 K 

46
00:02:44,800 --> 00:02:47,480
right now 68 K it's very huge, 
huge move. 

47
00:02:47,920 --> 00:02:50,720
Looks like Bitcoin out 
performing Bitcoin dominance is 

48
00:02:50,720 --> 00:02:55,840
heading towards 59, nearly 58 
1/2 right now. 

49
00:02:58,000 --> 00:03:00,480
And it had been a little bit of 
a weekday. 

50
00:03:00,480 --> 00:03:02,840
I say before that most old coins
were down, most meme coins were 

51
00:03:02,840 --> 00:03:04,360
down. 
There's a few ETH memes that had

52
00:03:04,360 --> 00:03:09,800
a bit of a move, but but this is
a Bitcoin LED LED move and it 

53
00:03:09,800 --> 00:03:13,320
feels like it's mainly around 
Trump and Trump's odds, I feel 

54
00:03:13,320 --> 00:03:15,880
like is what most people are 
saying for this Bitcoin 

55
00:03:15,880 --> 00:03:17,960
performance. 
I would say that going into that

56
00:03:17,960 --> 00:03:21,120
election, Bitcoins probably one 
of the the top assets you want 

57
00:03:21,120 --> 00:03:22,800
to own. 
If you think Trump is going to 

58
00:03:22,800 --> 00:03:29,720
win, I think you'd probably pick
Bitcoin, Tesla, maybe Trump 

59
00:03:29,720 --> 00:03:32,320
media, you know, if you think 
he's going to win, I think those

60
00:03:32,320 --> 00:03:40,160
people have a good day One 
second. 

61
00:03:40,920 --> 00:03:43,400
Tesla's an interesting 1. 
I actually hadn't quite thought 

62
00:03:43,400 --> 00:03:45,400
about that. 
But it does feel like Elon is so

63
00:03:45,400 --> 00:03:47,960
tied in to to Trump at this 
point. 

64
00:03:48,000 --> 00:03:53,920
A lot of folks are are pointing 
to the the rocket capture how 

65
00:03:53,920 --> 00:03:56,400
how they caught that as actually
a pivotal moment for this 

66
00:03:56,400 --> 00:04:00,440
election because it's almost a 
vote on like if you think that 

67
00:04:00,600 --> 00:04:03,800
the Democratic administration 
would kind of slow that kind of 

68
00:04:03,800 --> 00:04:06,400
progress down. 
So it's like progress versus 

69
00:04:06,400 --> 00:04:09,080
regulation. 
I feel like it's a new thing. 

70
00:04:10,400 --> 00:04:15,040
I mean, I think, you know, 
there's a big Tesla trade there.

71
00:04:15,800 --> 00:04:17,000
I think he's obviously going to 
do well. 

72
00:04:17,000 --> 00:04:19,959
He's even saying publicly, you 
know, like if it doesn't go well

73
00:04:19,959 --> 00:04:25,480
for me, it's not going to go 
like they can put him in jail, 

74
00:04:25,480 --> 00:04:27,520
all this sort of stuff. 
Like they've already there's 

75
00:04:27,520 --> 00:04:29,680
already been some rumors that 
they're like throwing regulation

76
00:04:29,680 --> 00:04:35,600
at him. 
And yeah, who knows. 

77
00:04:35,600 --> 00:04:40,440
But I think I think if Trump 
wins, Tesla could do could go up

78
00:04:40,440 --> 00:04:43,520
like 30% over the next few 
weeks. 

79
00:04:43,640 --> 00:04:48,480
Over those few weeks, I think 
Trump will probably caught Elon 

80
00:04:48,480 --> 00:04:50,600
post election as well. 
So everything will be made a 

81
00:04:50,600 --> 00:04:53,400
little bit easier for him on the
regulation side, probably with 

82
00:04:53,400 --> 00:04:56,120
all those chips stuff that we 
were talking about as well, like

83
00:04:56,680 --> 00:05:02,000
the restrictions. 
So I think that's the I think 

84
00:05:02,000 --> 00:05:03,160
that's what's moving the market 
now. 

85
00:05:03,160 --> 00:05:04,400
You could talk about a lot of 
other stuff. 

86
00:05:04,400 --> 00:05:06,120
It's been a cold spring for a 
long time. 

87
00:05:06,200 --> 00:05:10,480
You know, five shift under 
what's the term underwater 

88
00:05:10,480 --> 00:05:14,400
beach, beach ball, beach ball, 
underwater. 

89
00:05:14,760 --> 00:05:16,280
It's felt like that for a little
bit, right? 

90
00:05:17,280 --> 00:05:19,400
Global liquidity going higher, 
stocks all hitting all time 

91
00:05:19,400 --> 00:05:22,400
highs. 
But this move does I think is 

92
00:05:22,400 --> 00:05:26,200
more of a an election move and 
he continues to pull ahead. 

93
00:05:26,560 --> 00:05:31,040
And it did feel as though 
Kamala's attempt to court crypto

94
00:05:31,040 --> 00:05:36,080
yesterday was just a bit just 
didn't work basically. 

95
00:05:38,280 --> 00:05:42,040
So let I just think I think 
that's that's what it is. 

96
00:05:42,480 --> 00:05:45,200
I do think I've said for a long 
time, but it will be in or 

97
00:05:45,200 --> 00:05:48,360
around all time high, I think 
around that election. 

98
00:05:48,920 --> 00:05:52,960
I think whether you want to own 
it on Election Day, I'm not sure

99
00:05:53,160 --> 00:05:56,400
because if he loses then then I 
do think that can unwind pretty 

100
00:05:56,400 --> 00:05:57,640
quickly. 
And we could probably go back 

101
00:05:57,640 --> 00:06:02,200
down to the sort of area are 
right now like low 60s, although

102
00:06:02,200 --> 00:06:06,320
I think you buy that dip. 
But but if he wins, I think we 

103
00:06:06,320 --> 00:06:10,600
push on probably go to 80 K 
roughly I would say. 

104
00:06:10,600 --> 00:06:13,880
And then I think we could end 
the year 90 to 100. 

105
00:06:16,160 --> 00:06:18,760
So I think that's that's what 
we're seeing here. 

106
00:06:18,760 --> 00:06:22,000
Just in terms of Bitcoin, there 
wasn't much in terms of again, 

107
00:06:22,000 --> 00:06:26,760
like other specific news there, 
there was this Vitalik doing a 

108
00:06:26,760 --> 00:06:32,520
blog post about ETH, which is I 
think it was out yesterday. 

109
00:06:32,960 --> 00:06:35,520
He's been talking just generally
about the future of ETH like he 

110
00:06:35,760 --> 00:06:39,320
he's just posed in questions 
imposing upgrade that could 

111
00:06:39,320 --> 00:06:41,240
happen. 
These can take years to have 

112
00:06:41,360 --> 00:06:44,120
have happened, but he's talking 
about reducing the validity 

113
00:06:44,120 --> 00:06:45,880
limit. 
But the title it's a big 

114
00:06:45,880 --> 00:06:48,680
decentralization maxi. 
And I think he's he's seeing 

115
00:06:48,680 --> 00:06:51,680
right now that there is some 
centralization in the in the 

116
00:06:51,680 --> 00:06:56,600
proof of stake mechanism that 
he's that he he's trying to come

117
00:06:56,600 --> 00:06:58,160
up against. 
And mainly that's because of 

118
00:06:58,160 --> 00:07:04,360
this whole restaking and staking
protocols which which are 

119
00:07:04,360 --> 00:07:07,400
clustering a lot of the youth 
together, which can be 

120
00:07:07,680 --> 00:07:09,080
dangerous. 
So I think he's trying to think 

121
00:07:09,080 --> 00:07:13,080
of ways to reduce that, but I 
think that could be taken 

122
00:07:13,160 --> 00:07:16,000
relatively positively as well 
like it would onboard more 

123
00:07:16,000 --> 00:07:18,560
people to it to a certain 
extent. 

124
00:07:20,200 --> 00:07:25,240
It does look like Solana is the 
only real one that's kind of 

125
00:07:25,240 --> 00:07:27,720
holding up. 
I think most of the other L ones

126
00:07:27,720 --> 00:07:30,200
are actually lower. 
Most altcoins like Sui, for 

127
00:07:30,200 --> 00:07:32,800
example, is lower on the day 
looks like now, which I think is

128
00:07:33,000 --> 00:07:37,920
relatively interesting. 
Solana's kind of keeping well, 

129
00:07:37,920 --> 00:07:39,800
not keeping pace with Bitcoin, 
but definitely not lower. 

130
00:07:40,160 --> 00:07:42,720
But there was some movement back
into ETH and there's been 

131
00:07:43,760 --> 00:07:46,920
there's been some talk about the
idea that this could be a little

132
00:07:46,920 --> 00:07:51,000
bit of a flutter again for each,
you know, it's been a long time.

133
00:07:51,960 --> 00:07:55,200
I saw DC investor tweeting again
yesterday. 

134
00:07:55,200 --> 00:07:58,960
Like normally that indicates 
there could be a little bit of a

135
00:07:59,000 --> 00:08:00,440
little bit of a run, which would
be nice. 

136
00:08:00,440 --> 00:08:02,200
It would be good to see ETH go 
back to. 

137
00:08:03,000 --> 00:08:04,840
I mean, it is crazy where it's 
trading, right? 

138
00:08:04,920 --> 00:08:10,520
2600 Bitcoin's about to probably
go close to all time high and 

139
00:08:10,520 --> 00:08:14,680
it's still 2600. 
That's that is kind of nuts. 

140
00:08:15,440 --> 00:08:19,360
So it's about 1000 less than I 
feel like I would have expected 

141
00:08:20,000 --> 00:08:23,680
if you told me that Bitcoin's at
68 and knocking on all time 

142
00:08:23,680 --> 00:08:25,800
high. 
Where did Bitcoin start? 

143
00:08:25,960 --> 00:08:26,960
Where did Bitcoin start the 
year? 

144
00:08:26,960 --> 00:08:31,360
Like 33? 
Yeah, something like that. 

145
00:08:31,360 --> 00:08:32,159
Roughly. 
Yeah. 

146
00:08:32,159 --> 00:08:34,640
Let's see, maybe it was slightly
higher. 

147
00:08:36,520 --> 00:08:40,440
It was like 40. 
Mid lower 40s, maybe lower 40s, 

148
00:08:40,440 --> 00:08:42,080
Yeah. 
So 42. 

149
00:08:42,919 --> 00:08:45,760
So it's up 50%. 
Fifty, 60%. 

150
00:08:47,920 --> 00:08:49,160
Yeah. 
I mean, I guess I'm talking 

151
00:08:49,160 --> 00:08:51,360
about where was it the 1st of 
December? 

152
00:08:51,560 --> 00:08:53,120
Where are they both on 1st of 
December? 

153
00:08:53,760 --> 00:08:54,880
Yeah. 
That's where I think the bigger 

154
00:08:54,880 --> 00:08:57,080
move came from. 
Yeah. 

155
00:08:57,280 --> 00:09:00,640
Let's see. 
I mean, a full year ago Bitcoin 

156
00:09:00,640 --> 00:09:05,120
was 28 five. 
And then let's see early. 

157
00:09:05,280 --> 00:09:06,760
Yeah, the big move was December 
1st. 

158
00:09:06,760 --> 00:09:09,240
So it was 38, yeah, 38 back in 
December 1st. 

159
00:09:11,280 --> 00:09:12,360
Wow. 
Yeah. 

160
00:09:12,440 --> 00:09:16,360
It just feels it's it's 
underperformed so much, which I 

161
00:09:16,400 --> 00:09:18,720
think I think it deserves to be 
hard than where it is right now.

162
00:09:20,240 --> 00:09:23,000
I do still think with all the 
TDL and stuff going on on ether 

163
00:09:23,000 --> 00:09:26,080
deserves to be higher. 
But let's see. 

164
00:09:28,680 --> 00:09:33,000
And that there was obviously 
macro has been hitting all time 

165
00:09:33,000 --> 00:09:36,440
highs again. 
There was some bullishness again

166
00:09:36,440 --> 00:09:40,360
coming out of of China. 
The dollar, interestingly, has 

167
00:09:40,360 --> 00:09:43,720
been hitting new highs though, 
which which I wouldn't have 

168
00:09:43,720 --> 00:09:47,360
really predicted here, like 
Bitcoin's been really strong in 

169
00:09:47,360 --> 00:09:49,720
the face of actually the dollar 
hitting A10 week high. 

170
00:09:51,040 --> 00:09:53,480
Part of the reason why I thought
Bitcoin was initially rallying 

171
00:09:53,480 --> 00:09:56,680
was because the dollar, people 
were expecting rate cuts. 

172
00:09:56,680 --> 00:09:59,600
The dollar came down and you 
know, but the dollar's actually 

173
00:09:59,600 --> 00:10:01,320
strong. 
The dollar's been very strong 

174
00:10:01,320 --> 00:10:04,240
because there's been a lot more 
expectation now that they're not

175
00:10:04,240 --> 00:10:07,280
going to raise rates as quickly,
sorry, cut rates as quickly as 

176
00:10:07,280 --> 00:10:10,960
expected in the US. 
So this is a really good sign 

177
00:10:10,960 --> 00:10:14,800
for Bitcoin that we are hitting,
let's say a little bit of a 

178
00:10:14,800 --> 00:10:19,400
local high here at the same time
as the, as the dollar going 

179
00:10:19,400 --> 00:10:21,160
higher. 
That's definitely not throwing 

180
00:10:21,160 --> 00:10:25,840
people off, of course. 
What else do we have on crypto? 

181
00:10:25,920 --> 00:10:29,360
Yeah, I guess the, the other, 
the other big interview was the 

182
00:10:29,360 --> 00:10:34,320
Larry Fink 1 and his comments 
that that were made about, I 

183
00:10:34,360 --> 00:10:36,800
think people can kind of take 
this out of context, but he's 

184
00:10:36,800 --> 00:10:39,560
basically saying this is like an
absolutely massive bit of 

185
00:10:39,560 --> 00:10:44,040
technology and, and could be the
the start of something an asset 

186
00:10:44,040 --> 00:10:45,800
class in itself, which it kind 
of already is. 

187
00:10:45,800 --> 00:10:48,040
You know, we're over $2 trillion
asset class. 

188
00:10:48,400 --> 00:10:51,080
He's basically saying it's going
to be a 10s of trillions of 

189
00:10:51,080 --> 00:10:54,760
dollar asset class, which I 
think most people in crypto 

190
00:10:55,160 --> 00:10:59,360
agree as well. 
We saw massive inflows into the 

191
00:10:59,360 --> 00:11:03,000
Black Rock ETF and in all ETFs, 
we've got 800 million inflows 

192
00:11:03,400 --> 00:11:05,480
over the last two days just into
the ETF products. 

193
00:11:07,920 --> 00:11:11,920
And I think maybe those comments
are linked together. 

194
00:11:11,920 --> 00:11:14,000
But I also think again, that's, 
that's probably just to do with 

195
00:11:14,080 --> 00:11:16,000
the, that's to do with the Trump
trade. 

196
00:11:16,000 --> 00:11:18,080
I think it's, people are looking
for those. 

197
00:11:18,200 --> 00:11:20,040
If I was a trader right now, 
this is the time I'd start 

198
00:11:20,040 --> 00:11:23,800
thinking about those bets, You 
know, three weeks out, what do I

199
00:11:23,800 --> 00:11:27,520
want to own? 
I think, I think Bitcoin would 

200
00:11:27,520 --> 00:11:31,280
definitely, definitely jump out.
I was trying to think what, what

201
00:11:31,280 --> 00:11:34,760
those other bets would be. 
And I think I think Tesla is 

202
00:11:34,800 --> 00:11:37,200
probably 1. 
I think some maybe some of the 

203
00:11:37,200 --> 00:11:40,680
US energy names could be other 
ones because he's been talking 

204
00:11:40,680 --> 00:11:46,600
about, you know, opening up that
that the industry Trump media, 

205
00:11:46,600 --> 00:11:48,800
the stock. 
I don't know. 

206
00:11:48,800 --> 00:11:50,760
I don't know if you'd own the 
Trump meme coins, right? 

207
00:11:50,760 --> 00:11:54,240
Like, like they don't even feel 
like a good play on that. 

208
00:11:54,240 --> 00:11:58,440
I guess polymarket or or, you 
know, myriad doing a doing a 

209
00:11:58,440 --> 00:11:59,640
bet. 
There will probably be a good 

210
00:11:59,640 --> 00:12:05,880
way of doing it. 
And I just don't even know, like

211
00:12:06,600 --> 00:12:10,480
I think that's the point there's
apart from just owning stocks at

212
00:12:10,480 --> 00:12:13,520
all time highs. 
It feels as though the thing you

213
00:12:13,520 --> 00:12:16,120
want to own into the event trade
is Bitcoin. 

214
00:12:16,200 --> 00:12:18,040
It honestly is like I think a 
lot of people will be like 

215
00:12:18,040 --> 00:12:19,640
Trump's going to get elected. 
We still own Bitcoin. 

216
00:12:21,640 --> 00:12:24,920
That makes sense. 
I actually wonder if if that's 

217
00:12:24,920 --> 00:12:28,240
actually like short term bearish
for some like the other L ones, 

218
00:12:28,240 --> 00:12:32,400
perhaps even that this meme 
cycle, like if we see a huge 

219
00:12:32,400 --> 00:12:34,480
influx in the Bitcoin folks 
worried that they're going to 

220
00:12:34,480 --> 00:12:36,960
miss it, right? 
Do we do we see some rotation? 

221
00:12:36,960 --> 00:12:39,920
And I think personally, I feel 
like that would be a short term 

222
00:12:39,920 --> 00:12:43,200
move and then it would it would 
come back that that part of the 

223
00:12:43,200 --> 00:12:44,680
sector would would come back 
strong. 

224
00:12:44,680 --> 00:12:47,120
But I mean, you're right, It 
looks like it's it's a Bitcoin 

225
00:12:47,120 --> 00:12:50,920
move right now. 
It's not really much else has 

226
00:12:50,920 --> 00:12:53,160
been moving along with it. 
It looks like Bitcoin retracing 

227
00:12:53,160 --> 00:12:55,840
some of that right now. 
I want to come back to Larry's 

228
00:12:55,840 --> 00:12:58,240
comments. 
I feel like there's a bit of 

229
00:12:58,240 --> 00:13:00,440
like a Tale of two cities going 
on. 

230
00:13:00,440 --> 00:13:03,520
I think you've got some of the 
old guard on crypto Twitter and 

231
00:13:03,520 --> 00:13:07,640
there's still like a fair amount
of negativity about this cycle. 

232
00:13:07,640 --> 00:13:10,560
A lot of it's tied to like the 
prevalence of meme coins and 

233
00:13:10,560 --> 00:13:14,560
folks just kind of just bearish 
on where crypto has come in 10 

234
00:13:14,560 --> 00:13:16,000
years. 
And then on the flip side, 

235
00:13:16,000 --> 00:13:19,760
you've got Larry talking to all 
the Black Rock investors and, 

236
00:13:19,760 --> 00:13:23,080
and talking about how this is 
the beginning of a brand new 

237
00:13:23,080 --> 00:13:27,320
asset class that is, is just 
starting. 

238
00:13:27,320 --> 00:13:30,920
He compares it to the early days
of the mortgage market, the high

239
00:13:30,920 --> 00:13:33,160
yield market. 
Basically there, there's no 

240
00:13:33,160 --> 00:13:35,120
tools there. 
There's not much analysis on 

241
00:13:35,120 --> 00:13:36,520
this. 
That's all going to come. 

242
00:13:37,040 --> 00:13:38,800
AI is going to come. 
We're going to build that on top

243
00:13:38,800 --> 00:13:41,800
of this points to basically 
every country having their own 

244
00:13:42,280 --> 00:13:46,880
digital currency and what kind 
of catalyst that will be for 

245
00:13:46,880 --> 00:13:51,080
Bitcoin in crypto adoption. 
And I mean, he's clearly a long 

246
00:13:51,080 --> 00:13:54,640
term bull and I feel like that 
contrasts with a lot of the 

247
00:13:54,640 --> 00:13:57,680
takes I still see on this 
timeline when I show up every 

248
00:13:57,680 --> 00:13:59,640
day, which is which feels so 
strange. 

249
00:14:00,760 --> 00:14:03,880
But I don't know, I feel like 
it's hard to be bearish on 

250
00:14:03,880 --> 00:14:05,120
Bitcoin. 
You when you read Larry's 

251
00:14:05,120 --> 00:14:11,960
comments here, I would agree 
that he seems more bullish than 

252
00:14:12,360 --> 00:14:15,240
I would say 60 to 70% of the 
crypto market. 

253
00:14:15,720 --> 00:14:20,000
I think. 
I think part of it, part of it 

254
00:14:20,000 --> 00:14:22,680
is this, right. 
Everyone has listened to like 

255
00:14:22,680 --> 00:14:26,720
the Murad speech and and they 
say, you know, this whole 

256
00:14:26,720 --> 00:14:30,920
industry's a scam and you should
just know means if you actually 

257
00:14:30,920 --> 00:14:33,680
listen to Murad's speech, he 
doesn't say that. 

258
00:14:34,480 --> 00:14:42,560
What he says is that the use 
cases of crypto are digital gold

259
00:14:43,080 --> 00:14:47,520
payments and speculation. 
All the other utility based 

260
00:14:47,520 --> 00:14:52,880
stuff is, is the stuff that's 
overvalued now. 

261
00:14:53,600 --> 00:14:57,200
I think quite simply, I think 
that a lot of people in crypto, 

262
00:14:59,280 --> 00:15:02,280
if they weren't only means for 
this cycle, they they actually 

263
00:15:02,280 --> 00:15:06,760
owned a lot of altcoins. 
Like I would say, I mean, I own 

264
00:15:06,760 --> 00:15:10,280
Bitcoin right now. 
I would say I'm honestly in the 

265
00:15:10,280 --> 00:15:14,440
minority of people who turn up 
onto CTE today. 

266
00:15:14,720 --> 00:15:18,200
Like Bitcoin is my biggest 
holding, easily my biggest 

267
00:15:18,200 --> 00:15:21,400
holding. 
I don't think that's that's true

268
00:15:21,400 --> 00:15:25,800
for like 90% of the people who 
who turn up because they're here

269
00:15:25,800 --> 00:15:29,160
for speculation and they they 
hit a hit a meme before that, 

270
00:15:29,160 --> 00:15:32,520
that was altcoins. 
This, this cycle moved to meme 

271
00:15:32,520 --> 00:15:34,120
coins. 
And I think people got bearish 

272
00:15:34,120 --> 00:15:36,360
on that move that like they got 
rugged on all the altcoins and 

273
00:15:36,360 --> 00:15:39,800
now we've got to move to meme 
coins and meme coins are just 

274
00:15:39,800 --> 00:15:42,280
pure speculation down to their 
like their core. 

275
00:15:42,280 --> 00:15:45,200
And often the morals around them
are a little bit more tough and 

276
00:15:45,840 --> 00:15:47,000
well, they're just different 
actually. 

277
00:15:47,800 --> 00:15:51,040
But I think that's what the 
bearishness is within crypto is 

278
00:15:51,040 --> 00:15:54,680
like this, this realization that
a lot of the dreams of crypto 

279
00:15:55,080 --> 00:15:57,240
are probably going to be 
slightly cut short to being 

280
00:15:57,880 --> 00:16:03,680
payments, digital gold and and 
memes. 

281
00:16:04,640 --> 00:16:10,000
And I, I think Larry's, Larry's 
really in the payment side of 

282
00:16:10,000 --> 00:16:12,560
this business and maybe in some 
of the tokenization bit of this 

283
00:16:12,560 --> 00:16:17,680
business. 
But, but I think you can still 

284
00:16:17,680 --> 00:16:19,880
marry up those two views and 
that you can, you can see like 

285
00:16:19,880 --> 00:16:22,280
massive holes in like what 
people have been sold for many 

286
00:16:22,280 --> 00:16:26,520
years and that it's all like a 
scam at the same time as 

287
00:16:26,520 --> 00:16:28,080
thinking that that this can 
still happen. 

288
00:16:28,640 --> 00:16:31,320
The payments and tokenization of
the business, I think can be, 

289
00:16:31,640 --> 00:16:33,280
can be absolutely massive in the
future. 

290
00:16:34,560 --> 00:16:37,600
But I don't know if that needs a
coin that can kind of just be 

291
00:16:37,600 --> 00:16:42,160
done on an L1 by, you know, a 
publicly listed company rather 

292
00:16:42,160 --> 00:16:44,160
than something that has to issue
a crypto coin. 

293
00:16:45,760 --> 00:16:51,480
So yeah, I think to marry up the
2 views a little bit, increasing

294
00:16:51,480 --> 00:16:55,800
digitization of currency doesn't
mean that every coin is going to

295
00:16:55,800 --> 00:17:01,320
go up, but it likely means that 
that Bitcoin will probably go 

296
00:17:01,320 --> 00:17:02,880
up. 
In fact, that that, that is my 

297
00:17:02,880 --> 00:17:06,119
read on it. 
I feel like there's been a lot 

298
00:17:06,119 --> 00:17:08,480
of folks have been questioning. 
So like what would drive like 

299
00:17:08,480 --> 00:17:10,839
what's the driver for Bitcoin to
go 70 to 100K? 

300
00:17:12,160 --> 00:17:14,839
And I think that the. 
Trump election certainly is a 

301
00:17:14,839 --> 00:17:17,520
factor right now. 
I'm not going to deny that even 

302
00:17:17,520 --> 00:17:20,280
though Larry in his first 
comments he he does say that he 

303
00:17:20,280 --> 00:17:21,920
thinks Bitcoin does well 
regardless. 

304
00:17:22,720 --> 00:17:24,280
I agree. 
He's in office. 

305
00:17:24,520 --> 00:17:26,000
Yeah, we, we both, we both share
that. 

306
00:17:27,079 --> 00:17:31,160
But I feel like, yeah, he's, we 
said this back before the ETS 

307
00:17:31,160 --> 00:17:34,840
launched that no one was ready 
for like the sales tour that he 

308
00:17:34,840 --> 00:17:37,480
was going to go on. 
And he's doing it right now like

309
00:17:37,480 --> 00:17:39,560
like that. 
That prediction did play out 

310
00:17:39,560 --> 00:17:43,840
like he is, is going on the 
sales tour right now for, for, 

311
00:17:43,840 --> 00:17:45,920
for crypto. 
We still haven't seen that the 

312
00:17:45,920 --> 00:17:47,640
bankers do it the the boots on 
the ground. 

313
00:17:47,640 --> 00:17:52,480
I think that could be a big 
unleash in Q4 is when the, the 

314
00:17:52,480 --> 00:17:56,320
Army of Morgan Stanley advisors 
start really pitching this to, 

315
00:17:56,360 --> 00:17:58,760
to their clients. 
So I think, you know, in my 

316
00:17:58,760 --> 00:18:02,280
head, like what could actually 
move us up 50%, but that that 

317
00:18:02,280 --> 00:18:06,040
could be a factor in play. 
So that, that is certainly one 

318
00:18:06,040 --> 00:18:08,760
that I'm watching Real quick on 
the election. 

319
00:18:08,760 --> 00:18:11,120
We, we've, we've talked about 
Trump's lead is as big as it 

320
00:18:11,120 --> 00:18:16,040
ever has been on on Polymarket. 
It's up 57 to to 43. 

321
00:18:16,040 --> 00:18:19,120
So, so a pretty, pretty big lead
there. 

322
00:18:19,120 --> 00:18:23,520
Certainly Kamala's comments 
yesterday, there's quite a lot. 

323
00:18:23,560 --> 00:18:24,920
You look at this quite a lot. 
Like what? 

324
00:18:24,920 --> 00:18:27,440
Which states is it down to? 
I actually haven't gone into the

325
00:18:27,440 --> 00:18:29,680
state by state level. 
I saw someone said it's like 

326
00:18:29,680 --> 00:18:34,880
actually down to like 15 
counties because it's so like 

327
00:18:35,920 --> 00:18:38,920
county lines are so either red 
or blue in terminally these 

328
00:18:38,920 --> 00:18:40,000
states. 
But then there's a few like 

329
00:18:40,000 --> 00:18:42,440
purple ones that are basically 
going to decide the whole race. 

330
00:18:44,240 --> 00:18:45,200
Yeah. 
I mean, for the longest time, 

331
00:18:45,200 --> 00:18:48,160
they really felt like it was 
just Pennsylvania and and 

332
00:18:48,160 --> 00:18:50,800
whatever happened and, and like 
to your point and really just 

333
00:18:50,800 --> 00:18:54,080
probably a handful of counties 
in Pennsylvania because it 

334
00:18:54,080 --> 00:18:57,880
seemed like Michigan and 
Wisconsin were likely going to 

335
00:18:57,880 --> 00:19:02,160
go calmly, even though the odds 
here are are reflecting Trump, 

336
00:19:02,720 --> 00:19:06,440
Ohio, North Carolina, you know, 
more going the Trump side. 

337
00:19:06,480 --> 00:19:08,960
I need to dig into to the state 
odds and some of the polling. 

338
00:19:08,960 --> 00:19:13,120
I've been kind of tuned out from
it here the last few weeks. 

339
00:19:13,360 --> 00:19:14,840
I mean, I think Silver still has
it. 

340
00:19:16,080 --> 00:19:17,640
He, he still is talking about 
the money man. 

341
00:19:17,880 --> 00:19:19,800
This is where I think you can 
make money, Tyler, you should be

342
00:19:19,800 --> 00:19:21,320
looking at on a state by state 
level. 

343
00:19:22,080 --> 00:19:24,640
I feel like if you're gonna, if 
you're gonna make money on, on 

344
00:19:24,640 --> 00:19:27,400
Polymarket or Myriad on the day 
of the election, it's gonna be, 

345
00:19:27,440 --> 00:19:29,280
it's gonna be this. 
Yeah. 

346
00:19:29,280 --> 00:19:31,800
This is where it makes sense 
because we're only three weeks 

347
00:19:31,800 --> 00:19:33,560
out. 
Like a part of the opportunity 

348
00:19:33,560 --> 00:19:36,200
cost of, of betting on Poly and 
these other sites were just 

349
00:19:36,200 --> 00:19:40,560
walking up your capital. 
Now it's a, a 2X in three weeks 

350
00:19:40,720 --> 00:19:42,240
on a lot of these markets. 
Cause most of these are coin 

351
00:19:42,240 --> 00:19:43,720
flips. 
That's not so bad. 

352
00:19:44,360 --> 00:19:47,280
So I do think we'll see a a big 
spike in volume. 

353
00:19:47,840 --> 00:19:50,920
Just quickly we got it was a 
very strange move from the 

354
00:19:50,920 --> 00:19:52,680
Kamala Harris campaign 
yesterday. 

355
00:19:52,680 --> 00:19:55,040
So she finally made her crypto 
comments. 

356
00:19:55,040 --> 00:19:57,280
We eluded this on yesterday's 
show, but we didn't share any of

357
00:19:57,280 --> 00:20:01,760
the detail. 
She she tied it to the the black

358
00:20:01,760 --> 00:20:04,520
motor base. 
So she released this document. 

359
00:20:05,800 --> 00:20:08,720
They're they want to broaden 
access to banking and financial 

360
00:20:08,720 --> 00:20:10,680
services. 
You want to make owners of 

361
00:20:10,680 --> 00:20:13,040
investors in digital assets 
benefit from a regulatory 

362
00:20:13,040 --> 00:20:16,160
framework so that black men and 
others who participate in the 

363
00:20:16,160 --> 00:20:21,200
market are protected. 
I mean, just just this, this 5 

364
00:20:21,200 --> 00:20:24,000
words, the six words just so, so
that people are, are protected. 

365
00:20:24,000 --> 00:20:26,960
Like literally this all had to 
be I know like she was giving 

366
00:20:26,960 --> 00:20:29,600
this speech. 
I think it was that it, it was 

367
00:20:30,000 --> 00:20:35,800
speech in front of a black voter
base, but the whole crypto 

368
00:20:35,800 --> 00:20:39,200
market had been like waiting for
months for her to come out with 

369
00:20:39,200 --> 00:20:42,880
what her platform was or at 
least some type of an overview. 

370
00:20:42,880 --> 00:20:45,440
And then she pegs it to a 
specific race. 

371
00:20:45,440 --> 00:20:48,440
It's such a strange move. 
And just it makes me question 

372
00:20:48,440 --> 00:20:53,400
who who is on her campaign team 
and helping to make these 

373
00:20:53,400 --> 00:20:56,320
decisions because these are just
bad decisions. 

374
00:20:56,920 --> 00:21:00,160
And we've seen some pretty 
negative feedback here already. 

375
00:21:00,160 --> 00:21:03,720
So I don't think she's winning 
the crypto vote here. 

376
00:21:04,560 --> 00:21:06,480
Just hilarious. 
Just absolutely hilarious. 

377
00:21:06,480 --> 00:21:09,600
I thought like I saw the the 
document is the one that that 

378
00:21:09,600 --> 00:21:12,200
got me because yeah, if she's 
making a speech, fair enough. 

379
00:21:12,240 --> 00:21:13,760
Like maybe she's speaking to the
audience. 

380
00:21:13,760 --> 00:21:18,840
But I think basically there's 
clearly worry that she's not 

381
00:21:18,840 --> 00:21:23,240
winning over enough male, black 
and Hispanic poses, right? 

382
00:21:24,120 --> 00:21:29,680
But and that that's been written
with this as a lens, but within 

383
00:21:29,680 --> 00:21:35,120
crypto is like crypto is most 
people are pseudonymous, right? 

384
00:21:35,160 --> 00:21:40,120
You don't even know their race 
like it is it is not a well, you

385
00:21:40,120 --> 00:21:42,120
could say that there's obviously
race racist elements to 

386
00:21:42,120 --> 00:21:44,520
everything there. 
But like, I don't think being 

387
00:21:44,640 --> 00:21:47,560
supporter of crypto has anything
to do with your race at all. 

388
00:21:48,560 --> 00:21:50,400
Yeah, that's what made this so, 
so shocking. 

389
00:21:50,400 --> 00:21:52,280
It's it's one of the most race 
agnostic industries. 

390
00:21:52,280 --> 00:21:54,360
I think you could yeah, you 
could participate in. 

391
00:21:54,560 --> 00:21:59,480
Everyone's got cartoon PFPS. 
Yeah, for the for the most part,

392
00:21:59,480 --> 00:22:06,640
so clearly out of touch that was
not a a win for her quickly on 

393
00:22:06,640 --> 00:22:09,440
the metallics of I mean you, you
gave the, the headline here. 

394
00:22:09,760 --> 00:22:14,280
I think the, the big changes are
really in the, the ETH 

395
00:22:14,280 --> 00:22:16,000
requirements to to validate in 
the stake. 

396
00:22:16,000 --> 00:22:20,600
So reducing it from 32 ETH, 
which costs what nearly $100,000

397
00:22:20,600 --> 00:22:23,120
right now to just one. 
So anyone who holds a single ETH

398
00:22:23,120 --> 00:22:26,880
would be able to participate. 
So more access, more 

399
00:22:26,880 --> 00:22:29,840
decentralization. 
There's another component of 

400
00:22:29,840 --> 00:22:34,440
this with the finality of block 
times reducing from the 15 

401
00:22:34,440 --> 00:22:36,440
minutes to perhaps as low as 12 
seconds. 

402
00:22:36,520 --> 00:22:39,880
So perhaps the speed increase to
this as well. 

403
00:22:39,880 --> 00:22:42,880
All seemed pretty positive. 
But as you mentioned, these are 

404
00:22:42,880 --> 00:22:46,240
things that are potentially 
years, years in the making. 

405
00:22:46,240 --> 00:22:49,800
So it's it's hard to to get, you
know, too ahead of ourselves 

406
00:22:50,200 --> 00:22:52,920
right now. 
In protocol news, I think the 

407
00:22:52,920 --> 00:22:56,640
biggest news of the day, what 
was out of Hyper Liquid. 

408
00:22:57,000 --> 00:22:59,800
So the Hyper Foundation launched
yesterday. 

409
00:23:00,720 --> 00:23:03,520
Their goal, of course, to grow 
the hyper Hyper Liquid 

410
00:23:03,600 --> 00:23:07,760
blockchain and its ecosystem. 
They announced their token, the 

411
00:23:07,760 --> 00:23:09,360
hype token. 
We don't really have many 

412
00:23:09,360 --> 00:23:14,040
details about that tokenomics. 
They did encourage users to to 

413
00:23:14,040 --> 00:23:18,720
sign up and accept their terms 
on their site by November 11th. 

414
00:23:18,840 --> 00:23:22,720
So that seems like a key date. 
So perhaps the the token may be 

415
00:23:22,720 --> 00:23:26,000
coming in November. 
I saw some chatter on the 

416
00:23:26,000 --> 00:23:29,320
timeline that it's heavily Geo 
blocked that that no one can use

417
00:23:29,320 --> 00:23:33,200
VPNs. 
So I saw some fun around that. 

418
00:23:33,600 --> 00:23:37,520
I do personally I've had this 
experience where protocols will 

419
00:23:37,520 --> 00:23:40,480
allow you to use AVPN to use the
site, but then not to claim the 

420
00:23:40,480 --> 00:23:42,800
token. 
It does feel fairly 2 faced. 

421
00:23:43,440 --> 00:23:46,320
So in, in general, that's kind 
of interesting what you've seen 

422
00:23:46,320 --> 00:23:49,000
here actually, because I think 
Eigen and Layer got the same, 

423
00:23:49,320 --> 00:23:54,080
got the same pushback, right, is
that they often, they often have

424
00:23:54,080 --> 00:23:58,200
the VPN on for like the first 
few weeks and then they turn it 

425
00:23:58,200 --> 00:24:02,720
off like a month in. 
So like when the regulator's 

426
00:24:02,720 --> 00:24:07,200
having a look, they'll, they'll,
they'll keep it on and then 

427
00:24:07,400 --> 00:24:09,880
they'll just slyly turn it off 
like 4 weeks off. 

428
00:24:09,920 --> 00:24:12,440
I think Eigen layer has the same
thing, but I didn't know that. 

429
00:24:12,440 --> 00:24:13,720
Actually. 
That's interesting. 

430
00:24:14,320 --> 00:24:16,360
Just watch out. 
It's, it's a common, it's a 

431
00:24:16,360 --> 00:24:18,680
common move now. 
Yeah. 

432
00:24:18,680 --> 00:24:21,400
We'll, we'll be compliant here 
for the first few weeks and then

433
00:24:21,400 --> 00:24:24,680
we'll, we'll let folks in the, 
the back door. 

434
00:24:25,360 --> 00:24:27,200
Well, unfortunately, but for a 
lot of these tokens, they've 

435
00:24:27,200 --> 00:24:30,160
sold off quite a bit for the 
first two weeks. 

436
00:24:30,160 --> 00:24:31,840
I think Eigen perhaps is an 
exception. 

437
00:24:32,320 --> 00:24:34,480
We'll see. 
Have you used Hyper Liquid or do

438
00:24:34,480 --> 00:24:38,560
you have much of A read on this 
hype token or where you think 

439
00:24:38,560 --> 00:24:45,400
this thing might launch at? 
I think it's been honestly, I 

440
00:24:45,400 --> 00:24:48,000
think it's a good product. 
It's a good product, but I think

441
00:24:48,000 --> 00:24:50,120
there's, there's a lot of 
different perp Dexes out there. 

442
00:24:50,160 --> 00:24:55,040
You can you can trade on I don't
have some like unbelievable 

443
00:24:55,040 --> 00:24:57,600
experience in hyper liquid 
versus some of the other things 

444
00:24:57,640 --> 00:25:00,360
other than you have more 
liquidity there right now. 

445
00:25:00,960 --> 00:25:04,600
But do I think that another perp
dex could now come in and do 

446
00:25:04,600 --> 00:25:07,920
this and just get some liquidity
doing it? 

447
00:25:07,920 --> 00:25:13,720
Like people used to do this on 
GMX and then it was DYDX and 

448
00:25:13,720 --> 00:25:17,320
then hyper liquid like money 
moves in these is, is that 

449
00:25:17,320 --> 00:25:21,040
people just farming, farming for
the for the air drop. 

450
00:25:21,040 --> 00:25:23,920
So after the air drop, you'll 
get to see how how good the 

451
00:25:23,920 --> 00:25:26,280
product is. 
I think following other things, 

452
00:25:26,280 --> 00:25:28,640
but I think it's competitive 
landscape for these sort of 

453
00:25:28,640 --> 00:25:30,920
things and it's a it's a good 
product. 

454
00:25:31,920 --> 00:25:35,920
But I, I think some of like the 
core CT crowd are like super 

455
00:25:35,920 --> 00:25:39,280
bullish on it. 
Like a basic CNZ that guy and a 

456
00:25:39,280 --> 00:25:46,640
bunch of other people always 
pushing liquid it it yeah, I 

457
00:25:46,680 --> 00:25:49,800
mean, it's good. 
I saw that as well and then I 

458
00:25:49,800 --> 00:25:52,440
feel like the first like AirDrop
farming window closed and all 

459
00:25:52,520 --> 00:25:54,680
all volumes dropped off fairly 
significantly. 

460
00:25:54,760 --> 00:25:58,680
I feel like I saw less less bull
posting after that event. 

461
00:25:58,680 --> 00:26:02,160
So certainly we will see. 
I think the other one, this 

462
00:26:02,160 --> 00:26:06,480
isn't quite like a a protocol 
news, but Aiden Ross apparently 

463
00:26:06,480 --> 00:26:08,680
and kick. 
They are working together for a 

464
00:26:08,680 --> 00:26:12,960
kick currency for a stream to 
earn model. 

465
00:26:15,040 --> 00:26:16,600
I honestly I didn't dig into 
this. 

466
00:26:16,600 --> 00:26:20,560
I just assumed this was because 
this would be interesting like 

467
00:26:20,640 --> 00:26:29,840
obviously kick is owned by steak
the crypto casino so and they 

468
00:26:29,840 --> 00:26:31,320
have never done a currency 
right? 

469
00:26:32,080 --> 00:26:38,800
So may maybe they'll do this, 
but I mean don't read too much 

470
00:26:38,800 --> 00:26:41,640
into it yet, but stream to earn 
just sounds like something 

471
00:26:41,640 --> 00:26:46,520
that's going to 0 to me. 
But you have to you have to be 

472
00:26:46,520 --> 00:26:48,520
careful with the with the 
tokenomics and how that's going 

473
00:26:48,520 --> 00:26:51,360
to be sustainable. 
Certainly. 

474
00:26:51,760 --> 00:26:53,760
So we'll, we'll, we'll see. 
We'll we'll put that one on that

475
00:26:53,760 --> 00:26:56,840
the back burner. 
I think just quickly going 

476
00:26:56,840 --> 00:27:00,680
through that the meme board 
here, the big one turbo. 

477
00:27:01,000 --> 00:27:04,440
So like this is just kind of a 
it's a reflection on this AI 

478
00:27:04,440 --> 00:27:09,080
meta that like the goat coin 
from from truth terminal, really

479
00:27:10,080 --> 00:27:12,360
again, the coin is not from 
truth terminal, but tied to the 

480
00:27:12,360 --> 00:27:13,800
truth terminal. 
Kick this off. 

481
00:27:13,800 --> 00:27:16,040
So the goat coin hit 160 million
yesterday. 

482
00:27:16,040 --> 00:27:20,040
It's back down to 120. 
We've seen tons of derivatives 

483
00:27:20,320 --> 00:27:23,320
like so this is clearly that the
meta of the day of the week 

484
00:27:23,320 --> 00:27:26,000
right now. 
Turbo the the biggest winner. 

485
00:27:26,000 --> 00:27:27,840
I mean this, this is at 900 
million now. 

486
00:27:29,560 --> 00:27:31,240
And which of those stories do 
you like? 

487
00:27:31,800 --> 00:27:35,960
Which of those stories do you 
like more of? 

488
00:27:35,960 --> 00:27:38,960
Which stories in the AI meta 
itself or just across which? 

489
00:27:39,080 --> 00:27:41,960
Like do you prefer the GOAT 
story or do you prefer the the 

490
00:27:42,320 --> 00:27:44,160
turbo story? 
Because I think I prefer the 

491
00:27:44,160 --> 00:27:47,520
turbo story. 
Like GOAT just seems like he 

492
00:27:47,520 --> 00:27:49,280
didn't even make it. 
He just said, oh, I like this 

493
00:27:49,280 --> 00:27:50,840
coin. 
I don't really get why I was 

494
00:27:50,840 --> 00:27:54,000
going so crazy about it. 
Yeah, and that's why why I 

495
00:27:54,000 --> 00:27:56,480
didn't personally buy it when I 
saw it at 2 million. 

496
00:27:56,480 --> 00:27:59,480
It was like this isn't even 
really the the AIS token. 

497
00:27:59,480 --> 00:28:03,120
It just it just likes it and the
meme is one that it talked about

498
00:28:03,840 --> 00:28:07,280
Clearly people have have have 
run with it from there. 

499
00:28:08,320 --> 00:28:11,000
I mean, the thing about turbo, I
think the turbo story is better,

500
00:28:11,680 --> 00:28:15,560
but I mean turbo was also dead 
until the you know, the the 

501
00:28:15,560 --> 00:28:19,960
cabal pumped it and you know 
it's I mean the cabal, the 

502
00:28:19,960 --> 00:28:24,120
cabal's done the nice job. 
I my read Is it probably going 

503
00:28:24,120 --> 00:28:26,800
to go higher? 
Yes, I'm not going to I don't 

504
00:28:26,800 --> 00:28:30,240
like it at 900 million or gap 
like I'm not that in I'm not I'm

505
00:28:30,240 --> 00:28:33,120
not that desperate to to jump 
into an AII. 

506
00:28:34,520 --> 00:28:37,560
Think we're starting to see more
folks trying to do like the the 

507
00:28:37,560 --> 00:28:40,920
archaeologist play. 
Like there's this WAAC token, 

508
00:28:40,920 --> 00:28:45,080
which is apparently is the first
AI coin on Ethereum. 

509
00:28:45,080 --> 00:28:49,880
So now it caught some hype. 
This Medusa coin was the the 

510
00:28:49,880 --> 00:28:54,360
runner of the day. 
It's it's zero to 28 million 

511
00:28:54,360 --> 00:28:58,520
here in about 24 hours. 
Apparently this is the first AI 

512
00:28:59,040 --> 00:29:04,160
point on pump fun. 
So it's it it, it's a mover. 

513
00:29:05,240 --> 00:29:06,960
We'll we'll see where it goes 
from here. 

514
00:29:06,960 --> 00:29:09,920
I can't these AIS like start 
talking about the duck more 

515
00:29:09,920 --> 00:29:12,640
often. 
You know, maybe maybe I should 

516
00:29:12,640 --> 00:29:18,640
just tweet at truth terminal. 
Yo-yo at truth here's the thing.

517
00:29:18,640 --> 00:29:21,960
Once once all the gaming 
streamers come over and adopt 

518
00:29:21,960 --> 00:29:24,280
epic from then we can we can 
start thinking about how it 

519
00:29:24,280 --> 00:29:28,200
becomes an AI and and gaming 
there. 

520
00:29:28,880 --> 00:29:31,880
So you've got a lot of options 
here in in the future. 

521
00:29:32,880 --> 00:29:36,720
Murad memes quickly going 
through this list red day not a 

522
00:29:36,720 --> 00:29:39,240
huge surprise given the the huge
run up. 

523
00:29:39,240 --> 00:29:42,200
I think the biggest one is 
popcat not moving kind of along 

524
00:29:42,200 --> 00:29:43,560
with the rest of the top of the 
board. 

525
00:29:43,560 --> 00:29:45,640
So I think that's going to be 1 
to watch. 

526
00:29:45,640 --> 00:29:48,440
Mog had a big day, but it looks 
like it it gave back some of the

527
00:29:48,440 --> 00:29:52,440
gains. 
It's flipped SPX here. 

528
00:29:53,120 --> 00:29:57,520
Bass had I believe the D Gen. 
Did you hear that? 

529
00:29:58,120 --> 00:30:00,400
What? 
What was that Mog flip? 

530
00:30:00,720 --> 00:30:03,680
FFPX. 
Just cause Farrok is on the 

531
00:30:03,680 --> 00:30:07,120
show, you can say it. 
Yeah, Farrok's not here, so I 

532
00:30:07,120 --> 00:30:10,600
can give a Mog it's flowers. 
The reason why Mog flipped SPX 

533
00:30:11,000 --> 00:30:15,200
is because of Mog auras log or 
is the number one mover on the 

534
00:30:15,280 --> 00:30:19,280
ETH NFT board. 
It's at 0.69. 

535
00:30:19,280 --> 00:30:21,200
Wow. 
So it's a a huge rocket. 

536
00:30:21,200 --> 00:30:27,040
It's up 140% as the meme NFT 
craze goes nuts. 

537
00:30:27,400 --> 00:30:30,400
But I just for some perspective,
yeah, these things were 0.1 a 

538
00:30:30,400 --> 00:30:34,680
week ago and then like 10 days 
ago they were 0.01. 

539
00:30:35,240 --> 00:30:37,480
So you these are like literally 
a what did you say? 

540
00:30:40,120 --> 00:30:43,520
I said MOG or is the reason that
why MOG is pumping here? 

541
00:30:43,720 --> 00:30:48,280
Not before that. 
MOG did flip SPX so we all can 

542
00:30:48,280 --> 00:30:49,920
victory lap it here for a day or
so. 

543
00:30:50,240 --> 00:30:55,880
The SPX reflips it later. 
Later this week probably as soon

544
00:30:56,080 --> 00:30:58,480
you just show up. 
You just show up when when MOG 

545
00:30:58,480 --> 00:30:59,320
gets mentioned. 
Is that? 

546
00:30:59,320 --> 00:30:59,840
It. 
I've been. 

547
00:30:59,880 --> 00:31:01,760
I've been. 
Commenting and watching the show

548
00:31:01,760 --> 00:31:05,400
for like 20 minutes. 
Look, I've been commenting at 

549
00:31:05,400 --> 00:31:11,040
you guys saying I've just been 
putting a bunch of unhinged 

550
00:31:11,040 --> 00:31:15,760
stuff in the comments. 
Let's look at this chart. 

551
00:31:15,800 --> 00:31:18,520
I mean, the model chart looks 
good like I'm not going to, I'm 

552
00:31:18,520 --> 00:31:22,000
not going to lie about that 
Looks like it could explode up 

553
00:31:22,400 --> 00:31:24,920
for sure. 
I just think SPX probably goes a

554
00:31:24,920 --> 00:31:27,840
little higher or or it's a lower
high right there. 

555
00:31:30,680 --> 00:31:32,920
Now, now that I've seen it, I 
can't Unsee it. 

556
00:31:37,400 --> 00:31:41,000
So we will. 
We'll certainly see the other 

557
00:31:41,000 --> 00:31:42,120
story. 
Just we we went and. 

558
00:31:42,120 --> 00:31:43,960
We went into Mimi. 
FT so I'll continue it. 

559
00:31:43,960 --> 00:31:46,440
Sproto Grimm on set 4.2 
yesterday. 

560
00:31:46,560 --> 00:31:51,040
So that's so they went 0.58 to 0
to 4.2 in about a month. 

561
00:31:51,040 --> 00:31:55,520
So that's one of the bigger 
moves we've seen in NFTS in in 

562
00:31:55,520 --> 00:31:58,280
quite some there's only there's 
only three thousand of these. 

563
00:31:58,320 --> 00:31:59,680
Do you think they can flip board
apes? 

564
00:32:02,120 --> 00:32:08,120
I do I think they are the clear 
winner of like the Murad meme 

565
00:32:08,520 --> 00:32:10,760
NFT meta here. 
I would have thought it was 

566
00:32:10,880 --> 00:32:14,880
aeons because people like these 
within NF TS. 

567
00:32:14,880 --> 00:32:16,880
I think people know this 
prostate gremlins, right? 

568
00:32:16,880 --> 00:32:20,080
Like they, these are already 
well liked and they, I mean, 

569
00:32:20,080 --> 00:32:23,320
they jump out like, I mean, you 
can you see, you see this like, 

570
00:32:23,320 --> 00:32:26,560
you know what it is like, right?
Like they're very distinct. 

571
00:32:26,560 --> 00:32:29,120
And I think a lot of people 
like, like I've got friends who 

572
00:32:29,120 --> 00:32:32,480
had the the ticker Bitcoin 
T-shirt, like who may not even 

573
00:32:32,480 --> 00:32:36,400
have the the meme coin like that
was a pretty viral branding and 

574
00:32:36,400 --> 00:32:39,400
it's fun. 
So if I had to pick one of these

575
00:32:39,400 --> 00:32:42,240
to flip the current majors, it 
probably would be Sprotos. 

576
00:32:43,280 --> 00:32:46,120
Yeah, I I think so too. 
But we will. 

577
00:32:46,440 --> 00:32:50,560
We will certainly see. 
I think that took us through 

578
00:32:50,560 --> 00:32:54,240
most of the updates here. 
Let's see if I miss anything. 

579
00:32:54,240 --> 00:32:57,160
Nero was up at 900 million. 
Looks like it it gave it back. 

580
00:32:57,720 --> 00:33:00,520
We talked about morale, anything
on the Solana board jumping out.

581
00:33:00,520 --> 00:33:02,760
MU MU and Bohm both had nice 
days. 

582
00:33:03,120 --> 00:33:05,680
Looks like Bohm kind of gave me 
some of it back here as well. 

583
00:33:05,680 --> 00:33:09,040
Flogged continues to grind up 
back at at 200 million. 

584
00:33:09,520 --> 00:33:12,600
I think it was the IT was the 
bigger the biggest game here. 

585
00:33:13,680 --> 00:33:17,040
So it's looking pretty good as 
well. 

586
00:33:17,040 --> 00:33:20,160
But with that, I think that was 
a nice quick roundup folks. 

587
00:33:20,160 --> 00:33:22,080
We we promised you a 3035 minute
show. 

588
00:33:22,080 --> 00:33:25,200
It looks like we were able to 
deliver that one a shout out all

589
00:33:25,200 --> 00:33:27,760
the listeners for tuning in to 
today's show. 

590
00:33:27,920 --> 00:33:30,520
That will be it. 
We will be back tomorrow on 

591
00:33:30,520 --> 00:33:34,120
Wednesday breaking down all of 
today's action plus robot spins,

592
00:33:34,120 --> 00:33:36,920
double robot spins tomorrow 
since we weren't able to bring 

593
00:33:36,920 --> 00:33:40,080
those to you today. 
So stay tuned for that. 

594
00:33:40,080 --> 00:33:41,760
As for today, go have a great 
Tuesday. 

595
00:33:41,920 --> 00:33:43,280
Go make it a beautiful day, 
goodbye.

