Yo-yo, good morning, good morning.
What up, What up? GMGM Tuesday, Stupid Tuesday
baby November 5th, 2024 Four, four.
Look at that. Another beautiful day to have.
A beautiful. Day I got my Co host in the
house, Tyler Mando. Logan good morning.
Good morning. What up how you guys doing today
big day? Huge.
Big day in Portugal and Canada
today, you know. About that this morning.
Just it's so hilarious, all these Europeans acting like it's
the biggest thing to ever happen to them.
Are they like, in the streets of Lisboa?
Like, is this like, talk of town right now?
Like, are they talking about Kamala Harris and Donald Trump?
No man, no, no. The Sporting Lisbon manager just
went to Man United. That is probably the number one
topic in I. Saw that?
Yeah, yeah. It's been like a period of
mourning for a lot of people here in.
They don't really concern themselves with global politics,
like at all. They.
Don't care about anything over there.
I love it. There was riots actually, though
there were riots randomly on that last week for like a a day
or two in Lisbon. But yeah, generally pretty
chilled out place. Yeah, I saw that the day after I
left. Actually, I saw that on on on my
feed. But anyway, Tyler Logan, I mean,
dude, my Americans and the show, I mean, how you guys doing this
this this is a big day to be American citizen.
It's a big day for the PUPS migration, all the PUPS holders
in America. Yeah.
Migrate off, Solana. Get out and migrate.
Yeah. And this election's happening as
well. So it's a, it is a big day.
You can feel it. There's a lot of tension.
I feel like there's a lot of tension.
A lot of people are on edge, a lot of anxiety.
Yeah, anxiety. That's the word that I would use
too, if it feels anxious, especially as a Pennsylvania
resident, you know, my vote has never mattered more than it
would be right now, so. That's actually like something
crazy to think about, right? So you're, you're in
Pennsylvania right now? Yeah, Yep, I'm back home.
I just traveled back this morning to my childhood home,
small rural town Pennsylvania. I'm.
I'm deep in Trump country as far as demographic goes, but we'll
see what happens. I mean, this is going to be,
we'll check in all the markets. This is going to be the most
consequential state it seems like.
Wow, that is big. That is a big one, but we'll
talk about that and we'll get into it.
I've actually been to rural Pennsylvania once or twice in
Westchester. That's.
Not really rural. But that's not rural.
I mean it felt like butt fuck nowhere when I was there, let me
tell you that. I'll I'll count it, but I I live
on like a dirt Rd. like farm. OK, OK.
OK that's like that's not rude. Like trailer park type shit.
I love that. Wow, the the energy must be
vibrant over there. You should take us out there.
Talk to a few to the to to to a few of these of these lads.
Anyway, today on the show today today market report as usual.
I mean, wow, big open for Bitcoin on the on the US open.
Love to say we had 70K. I'm sure we'll have a lot to
talk about on that front. Tyler's top 1000.
I mean, at this stage, I think it's going to be top one.
It's going to be the election stuff around it is what
definitely feels like. And then and then we brought
Logan on today. He's in the swing state.
It is Election Day after all. So let's let's chat about what
happens. So let's cast some final some
final calls here on the record and see what's good.
Robot spin. Today's winner is early
predetermined because we rugged them last week.
I mean, the tech rugged them and then we rugged them and then
found out that it was actually a very, very long time listener of
ours and big fan of rug radio. So, so felt unfair.
So I was renounced last week. We're going to get ash on the
show and spin for her. I'm actually doing the the load
box as we spent crafting because I forgot.
And the last but not least, this show is powered by Galaxies.
With seamless built in monetization tools, Galaxies
enables development of sustainable long term
communities, fulfilling Bitcoin's vision of
decentralized freedom and independence from centralized
control. But anyways, Mando, let's talk
about this pump, who is the main macro daddy of the land?
Can you dig it? GM, everyone.
So we are here, finally. We are.
The pups migration day is upon us.
So guys, if you have any pups on Solana, just make sure you
migrate over to Bitcoin or it's going to burn.
You're going to see a lot about this on the timeline.
A lot of political commentators mentioning it at the moment.
Just do not miss it. Get out there and vote.
And by that vote we mean is migrate your pups to Bitcoin.
OK, now we got that in the rearview mirror.
It does feel as though there's been some stuff going on in the
market. There is an election happening
in the US today. Yeah, yeah, it's it's it's
concurrent with the pups migration and we've seen a bit
of a bounce. We had a hit as low as 66 Ki
think yesterday on Bitcoin or or in the high 60s in a bit of a a
nasty Wick. We've now bounced back up to 70
K Interestingly, the odds market is starting to show Trump.
Well, it started to show Trump pull away from about last night
and then you saw this bounce in Bitcoin kind of corresponding to
that. The correlation between the two
does seem to be remarkably, remarkably high, even though I
think as we said yesterday, Bitcoin's probably the the most
immune thing here to what happens in the election.
I think it probably there's a case for it going up in all
scenarios. Yeah, so and then we've also
seen a bit of a bounce in some of the more.
I mean, yesterday was a bloodbath.
Actually. It's been a kind of a bloodbath
for memes for the last week or so.
Like, no, that's great. But from fog, you really did
feel like the August kind of shake out for a lot of the high
beta stuff, which kind of makes sense.
You know, again, I put out a meme yesterday which got a lot
of traction, which was just like, if you're holding memes
over the election, it's been a bit shaky.
And I think people were just like, you know what, sell now,
buy later. But on the day of the election,
I think people are ready to gamble a little bit again and
see what happens. So we've had a bounce across the
board. A lot of your favorite memes are
kind of retracing. There were big moves lower.
You know, Popcap kind of went back close to like a billion.
Whiff went under 2. GOAT went back under 500
million. I'm trying to think what other
big ones have been active recently.
Moodang went all the way down to like 1:20 and then it's bounced.
Wow. Big, big moves in some of the
most active meme coins over the last week or so.
I. Mean Retardio went all the way
down to $90 million before bouncing to 1 again.
Not not again, but like recently.
Like it was just a few days ago, right?
I guess I'm talking about the most.
Oh yeah, yeah. Like the ones that have been
trading the most. Obviously all memes are
bouncing. Interestingly, DOGE as well.
Like DOGE put on about 3 to 4 billion of market cap over the
last two trading sessions. Big, big moves.
Obviously that is a big election trade now because Elon, the DOGE
position. I did buy a little bit yesterday
when it's starting to pick up some momentum, but it's been on
a good run actually. Doge is quietly going back up to
its highs of the year. Starting to look at like AI,
think a lot of people look at that and be like, Oh yeah, I'll
buy Doge. I mean, I feel like that's the
obvious like Bitcoin beta if Trump wins, right?
Because of the department of something Department of GE like
what is it? Governmental efficiency.
Yeah, yeah. There you go.
So people buying that, which is kind of dragged up a lot of the
other mean coins as well, at least some of the larger cap
stuff. Interestingly, like Bitcoin is
Bitcoin dominance is still really strong.
So I thought it would start to AIRB a little bit today, but ETH
has failed to keep up with Bitcoin again.
So Bitcoin dominance is is still around 61% nearly.
I still think that will drop if Trump gets in.
I don't know if that would be like a persistent drop, but I do
think people will will will view this as potentially like an
altcoin trade here. If there's ever going to be an
altcoin trade, it's now, you know, like I don't know if
there's another pitch for when that is going to happen, but it
does feel as though if there's ever going to be one, it's going
to be with some bullishness around the idea that that you
could see crypto policy coming in the US.
In terms of what I remember from trading these past elections,
and this is kind of before prediction markets were like big
used to really look at these on like Betfair in the UK used to
be a big exchange that you see the majority of the volume on.
But generally on the up up until the day, it would be very skewed
on the day. I'd really stop paying attention
to the trend because what ends up happening is a lot of hedge
funds. They will pay for private exit
polls, particularly in the swing states.
Yeah, that's a better data than us, right?
Right. So like what I would look for
and on the state level, I would look at this for.
So like really look at what's looking at the odds like in
Pennsylvania, in Nevada, in North Carolina.
And if you start to see a trend there, I would probably indicate
that there's private data coming out because as the day goes on,
they'll be running private, private exit polls all day, like
the national one. Actually, I think is, is maybe
not the best thing to look at. I would, I would look at it
really just in like Pennsylvania and Nevada and North Carolina.
And if you start to see a trend in those, then I would really,
because that's what they'll do them.
Like if, if I'm a hedge fund here and I'm saying who's going
to win the election, I'm doing a, I'm doing polls in, in those
three States and, and they'll be easier to see like the, the
actual specific volume that comes in there.
So yeah, I, I, I would really pay attention to that.
You will start to see good data as the day goes on from those
exit polls. Generally exit poll.
Exit poll data is actually very good in general at at predicting
the actual winner. Yeah, I mean, it's it's it's
gonna be tight. I mean, Tyler, I'm curious to
hear, you know, on that. Let's let's stay on that for a
minute here, because obviously it's kind of topic of the day
asides from the big pups migration.
By the way, do not migrate your pups and let it burn.
Actually, fuck this. Why are we reminding people the
hell this is like this is like against my bags there, man.
Though I really appreciate what you did.
It's great. But you know, I hope you forget
to bring your pups y'all to bring to migrate your pups.
Tyler, what do you, what do you make?
What's what's the latest like boots on the ground in the
States. Tyler Logan, I, I, I want to
talk about this a little bit. What are what are what's the
latest here? What are we hearing?
Are we hearing? I can start so I can go over the
modelers. So I, I posted this on X this
morning. So Silver, who he's my favorite
election modeler. I think he's the best.
He he put in his final model at 50% Commonwealth, 49.6% Trump.
So like almost exactly a coin flip.
He went on in his blog to say if he had to bet, he would bet on
Kamala. He cited her recent strong
polling and momentum over the last week.
The Economist has it 5643 for for Kamala and then 538.
Model basically matches silvers at this point.
That of course is quite different from what we're seeing
in the prediction markets, which are heavily Trump, which which
you showed. So it's, it's interesting to see
the the, the difference again between the models and the
betting markets. All this being said, like where
I'm at today at 9:15 AM central time in Chicago is just because
the modelers think it's 5050. I think it's because they they
don't know there's no clear read on the polling data.
I think it's either going to be Trump, significant win or Kamala
significant win. I don't think it's going to be
like a 270 to 268 Electoral College.
I think the polls are likely going to have been wrong pretty
consistently across the board. So either Kamal's going to win
all the swing states or Trump is that that's kind of where I'm
at. And if I had to bet it, I would
bet Kamala wins the swing states.
She wins Iowa, and that's because of the seltzer pool.
And I had disclosure. I bet that I bet.
I bet on Iowa at 6:00 to 1:00. Hey, you're putting your money
where your mouth is. So that's that's the whole goal,
right, of prediction markets. I love that.
Logan, what do you, what do you, what do you make of all this?
You know, it's really interesting comparing.
I've just been trying to think back to my experiences in the
last two elections with Trump. This is now, what, three in a
row? Basically my entire voting life,
you know, I've had Trump in an election.
And you know, the thing that Tyler and I have gone back and
forth on a little bit is, you know, just understanding and I'm
speaking purely anecdotally, not bringing in any of the data and
information that Tyler just shared and what we're seeing in
the markets. But it doesn't feel very loud.
Trump here even like I said, and you know, it's I'm in a, I'm in
a very rural area. It doesn't feel quite as loud
quite as, I don't know, rambunctious as it did
previously. And so coming into this, you
know, the last this morning, basically his last few days, I
had actually been feeling, you know, right in line with kind of
some of that Poly market movement as Kamala started to
pick up steam disclosure, I made a bet on Kamala around that 38%
mark. But then you get back here, you
know, I've been talking to some friends, you know, again, taking
in more of this data and more of this information.
And it does feel like, you know, I'm just not feeling very
confident in that, that previous outlook, you know, call it
recency bias, call it whatever it may be.
I'm not exactly sure. But yeah, I, I'm feeling like
Trump's going to take Pennsylvania.
And the markets, of course, are, are steaming that like, what,
60%? I'm seeing 62% Pennsylvania.
It's yeah. I mean, I, I've, I've gone back
and forth, I've wavered a little bit and, and tried to rack my
brain on those previous, you know, previous elections.
And I just think the support has been normalized.
And that's part of the reason that it's not quite as loud.
That's part of what Todd and I've been talking about like is,
is support for Trump normalize. And, you know, these people
don't need to be quite as loud. Last election, there were Biden.
There were toilets in lawns here with Biden signs in them.
You don't that's not happening. That's not that's not happening
anymore, which is part of the reason that I was thinking like,
OK, you know, like maybe the quiet vote, That's what people
have talked about in the 2016 election, right?
The quiet vote was with Trump. Maybe the quiet vote here is
with Kamala, but I don't know. I, I'm feeling, I'm feeling
otherwise at at this point, 10:21 AM Eastern Time, I'm, I'm
feeling like Trump's taken Pennsylvania and Pennsylvania
seems to be, you know, the determining factor.
Wow, I I just. Think anyone who's extremely
confident in their position right now either has access to
private data that none that no one else has, or they're just
dumb because I got. I don't think you can be
incredibly confident either side right now.
Yeah, I mean, I I think it's going to be a landslide.
Just don't. I haven't said who.
See, that's how you do it. That's that's that's Lydia how
you do it. You know, I'm.
I think that's the easy way to do it.
Listen, I'm Max Short and I'm Max Long.
That way, no matter what happens today, I'll win a trade.
It's not about making money to me.
It's about being right. And this tragedy.
Give me the best chance. Those were the words of Keyboard
Monkey this morning. And I agree with him.
Mendel has disappeared inside his duck.
I think he's been eaten by his duck.
I love that Yonder is saying I think someone is going to win.
That's a great call. That's a great call.
OK. Are we making calls?
Like are are we, are you guys down for that?
Like do you guys want to make calls right now that what what
do we think happens? Yeah, I mean, I, I kind of
already gave mine, but I'll go comma landslide 300 plus
electoral votes. Whoa.
OK, Amanda, what do you think? Oh, you muted?
I, I think the opposite, but that's mainly because I'm just
going to follow, I, I, I personally followed betting
markets on this and I just feel as though I think they're going
to be right. Logan yeah, Like I said, I've
wavered, but I, I as of this exact moment, 10:23 AM Eastern
Time, I, I think I'm, I'm leaning towards Mando's
position. If you'd asked me yesterday, I,
I think I would have given you a different answer.
But that's that's what I'm feeling with the boots on the
ground right now. Interesting.
Well, yeah, I think it's going to be Trump landslide too, but
we'll see. That's that's that's my call in
the electoral vote. But we'll see.
Let's look at the prediction markets for a second here, guys.
So Paulie always, always see has been like heavy Trump the whole
time so far at 62737 four I think to tell you sent me
something right earlier. To see the swing stage, just to
show that like Logan is not just making this up, like
Pennsylvania is, is by far the the the important state there.
Oh wow, So what does this mean? Tipping point state in 20.
So that means that you're betting on Pennsylvania to be
the most important state that that like.
Yeah. Yeah, basically if they win that
state, they're like they've effectively like clenched.
Wow. OK, OK.
And it looks like I saw the schedule, but this is going to
be running to like super late, right?
Yeah, unfortunately Pennsylvania is one of the the the latest
ones for us to get the is that counts.
Is east in the East Coast? Like why?
What? Was.
That they don't allow. I was watching this on the news
and I, I think it's Pennsylvania, they don't allow
the the counting of early votes until today.
So even though they they've had the early votes, they're not
legally allowed to start counting though is.
There is there. Data on how many though, or
anything like that? Or not.
There's like a million, like 1.3 million.
Interesting, I like that, though I don't think it should be
shared until after the election anywhere.
I mean I I see your your point. Because it plays mental games,
right? I would prefer it to be counted
just from an efficiency standpoint, but it's not shared.
I think it's probably the better outcome.
I'm assuming it's just low it's it's hard to have it counted not
shared, right? Also, who cares?
I mean, there's there's polls, there's exit polls from early
voting, right? I think so.
I mean, yeah, let's get the data out there.
Like you shouldn't. You should be voting based on
your own personal values and not because of the results of the
early polls in Pennsylvania. Yeah, no, I see.
All right, Well, look, we'll see what happens in the markets
today. One thing's for sure, it's going
to be a volatile day, so be careful out there. 70696 Bitcoin
here, 166 a lot. A nice bounce on that.
I think it went as low as 155 last night, Mendo.
So that was a nice, nice little bounce here.
Griffin was speaking to me on the side chat saying he was
going to get liquidated at 1:53 and I was like.
You guys it's. Possible he just so I think we
were all happy for him. Yeah, I was sweating that wiff
trade for a moment on a lie. So we were.
Swings in my in My Portfolio have been.
The swings have been insane, yeah, But the swings in spot hit
different swings in leverage because one of them you can
literally lose anything in one flash.
Like one Wick is enough to take you out.
And there's no coming back from that.
There's no coming back from from from that.
So we'll see. Curious to hear what you guys
think here. So if you're a listener, make
sure you comment below who you think is going to win and the
electoral vote and everything. Anyways, if actually I both
posted ETH yesterday, boys, I both posted ETH yesterday.
I may have, I may have bottomed ETH like like like Vitalik did
with Solana in after FTX. I I think that theorem is going
to catch a serious. I know we said Solano's going to
catch a serious bid on the Trump win.
It's true all it's in general, but I think a theorem would
catch a serious bid because he got some more positive news
yesterday. But another another stable coin
being launched all night on top of the UBSUBS stuff we talked
about. So I wouldn't be surprised to
see if you're catching a fat bid.
And that kind of made me bullish yesterday.
I was talking about it because when I compared year to date to
Bitcoin, Ethan Seoul, I was like, wait, like, I don't know.
The outlier here is, is ETH for the wrong reasons.
But I don't know. I don't know.
I think we could catch one there.
But anyways, Tyler. I mean, I'm ready to endorse
that. Yeah, I'm ready to endorse.
I think we got a new data point yesterday from the state of
Michigan, another swing state. So the state of Michigan's
pension picked up $10 million worth of ETF positions, which is
more than the $6 million they previously bought in Bitcoin ETF
positions. And this was kind of the, the,
the primary bull thesis, right, is that the ETF trade would
start to pick up. It's the diversification play.
And I guess Jurassi mentioned he thinks the flows are coming.
They've been delayed. Like, I don't know, we're
starting to see some signs that that maybe they are, they're
starting to come. And when you see the the impact
that the ETF's had on Bitcoin, you see how much ETH has lagged,
you can talk yourself in to the like, this is a better trade,
right? Putting like the fundamentals of
ETH aside and all that. This is what I was saying
earlier. If there's any time, if there's
any time for BTC to reverse, it's in the next 24 hours.
If it doesn't, then you have a real problem.
But like I don't think, I think it's tough to be bearish on ETH
if it's in. It I just yeah, I don't know I
just there was the UBS stuff. I mean you, you weren't there
like we talked about it for a while yeah, Sir Mando, the
tokenization for them they're fun and then the the did you
guys see the the Kraken and all these people are getting
together to start A to start a stable coin, a stable coin on
Ethereum again, like, I don't know, I I'm just I just like
Robin Heard Kraken, Paxos and other crypto law firms, you know
launched global dollar USD John Ethereum.
So and that was on the back of this news right under it and
then this one. So it's like, I don't know like
part of sentiment shift balls tingling.
You know, I feel like the the, the, the, the, the, the people
buying all the Bitcoin up think like, oh, what's the beta?
What's the second after Bitcoin? They can only buy ETH right
through TS still. Prefer Coinbase stock to to to
ETH, as I've said a few times, think that those that if you
look at micro strategy versus Bitcoin, I think Coinbase and
Ether probably a good comparison now like because I think
Coinbase is largely an ETH company at the moment and it
catches a lot of the value. They didn't have a good set of
earnings, but like if Trump gets in.
Dude, the earnings were were barely missed.
Like, that was like kind of like, yeah, it was nothing
burger. Think about why you're why are
you bullish on the ETH post election?
You're bullish on terminization, you're bullish on the idea that
they're going to start tokenizing all these funds.
And I'm telling you that's going to happen on base.
That's where where it's going to be allowed to happen.
Also, they own a massive stake in Circle, right, which is the
other big stable coin that could get called.
Like if you're bullish on ETH right now, I think a lot of that
flows to Coinbase. Yeah, but it's easier to buy
crypto than buy stocks. Stocks for me, not going to lie.
So. Yeah, I get a voucher to buy
stocks. I mean, you know, it's, it's,
it's a hassle here. You know, to, to, to do it.
So I don't know soon. You're going to be able to do it
on chain and it's going to be easy.
True story, true story, true story.
Tyler, let's see what you got for us today.
Can. We just stop for a second.
What is the final line of that? Ready to bash some bears?
Yeah, none of that bit. The bit before that calls the.
Four daily NFT and crypto analysis Tyler D on FOMO our
cause the kid can't. Great to bash the bears.
I have no idea. Tyler D on FOMO calls the kid
can't miss. Because the kid can't miss.
Yeah, the kid cost can't miss the.
Kid can't miss. Ah, they damn.
They must not know me very well. Of the three Co hosts.
Didn't know that line until just now.
Tyler D on FOMO. I was listening to it yesterday.
I was. I've been listening to this for
so long. I still don't know that line.
Well, it's because you've been listening.
We haven't paid attention. It's different.
You didn't know it either. And the bear starts growling.
To say to, to make to. You hear me, but you don't
listen to me. Yeah, It goes in from money or
goes up from the other. She's.
Only speak a little bit. All right, Tyler, what the fuck
is up in space? The election is the top story we
went over. Crypto majors are now pumping on
the open amidst big ETF outflows the the last couple of days.
So maybe those are going to reverse.
We saw global investment firm Bernstein, they shared their
Bitcoin price target of 90K and the Trump win 50K for Kamala,
although they think it's going to 200 K by end of next year.
Regardless. UK pension fund Cartwright
disclosed a $59 million position in Bitcoin that is 3% of its
portfolio. Nice allocation there.
As I just mentioned, the state of Michigan had $10 million in
Ethereum ETF to diversify its holdings.
Bear Shake has raised $78 million already for the 2026
elections thanks to contributions from A16Z and
Coinbase. So they are already looking
ahead. We saw Legion partner with
Blueprint to enable regulatory compliant IC OS in the EU while
also reducing costs. And then we talked on the
stablecoin news. But Robin Hood, Kraken, Paxos
and others teamed up to launch a stablecoin USDG on Ethereum.
In token and protocol news, Swell announced its AirDrop and
TGE event for Thursday, November 7th.
LFJ, formerly Trader Joe Let's fucking Joe announced their new
token mill product as a new token playground and community
flywheel platform and guess what?
That is coming to Solana. It will not be on Avalanche.
Gemini has launched a new go where dollars won't go, but.
Trader Joe's is going to is coming on to Solana.
Yeah, it's a new product on Solana that is correct.
So like they're not, they're not abandoning Avalanche, but
they're next. Not, not the supermarket, right?
Well, they got sued by the supermarket.
Oh wait, it's at the supermarket.
You tell me I can't buy my salary on Solana.
Trader Joe's was like infamously the biggest decks on Avax
during. The I might remember they got a
lawsuit too. I was kidding, but I, I, I was
hoping Trader Joe's, a real one, comes on.
Solana. Yeah, and so this one hit hit
me. So like I I went to trade a meme
coin on Avalanche for the first time last week and I was looking
for Trader Joe and I couldn't find it.
How are you doing by the way? I mean, stick is one of the
strongest meme coins we have. The only one, right?
On this planet, Cleo is squarely behind it.
It is a low cap currently. I did not want to use it say the
name I did. Just for the record, I did.
I don't have any. I don't on AVAX but hey.
It's good if that means see any success this Michael Stick is
going to be. There didn't they have one
called like caulk or something that was cooking at some point?
Caulking cock Eno. Oh, let's revisit that one.
Yeah, the Foundation. The foundation supported all
those. I don't know if you remember
that basically. This.
Year I was like guess the cock market cap right now without
looking but you showed it already shit.
In my bag. The bag holder it seems.
It's fine. If you dump on the foundation,
it's OK. Right, so this thing got to one.
100 million. Yeah, it was 400 mil.
It was insane. Yeah.
So there's room to run on Avalanche is what is what I'm
hearing. I love that.
All right?
What else? What else?
What has he got? Yeah, so we got sidetracked
there a little bit, and so I was ready to go to meme coins
anyway. Meme coin majors were pretty
green even before the market opened, so I imagine they're up
even more now. We saw Sigma T and Fart Coin
were big movers. I actually have a fart coin
anecdote for later on if we want to get into it.
Haggis, the latest hippo got the moon shot listing it.
It pumped on that. In the NFTS we saw FOMO Maggies
jump another 30%. They are 60 sole floor now that
is 2X the mad lads floor. So not only did the FOMO's flip
them, they have doubled them now and then.
Open C we talked about on last day, yesterday's show we broke
the news. But again, in case anyone missed
it, Open C has made the surprise announcement of a new Open C
coming December 2024. While a he shared a tweet that
looks like there is a leaderboard tied to this, which
makes folks think that perhaps there is also an AirDrop, though
that is not confirmed. You seen Peanut this morning?
No peanut doubled off the bottom as well. 70 million again, just
did a 'cause I think Elon tweeted about it and it went
from 25 to 80 this morning. Wow.
Oh my God. James nice little comeback
there. I I was on record saying the
peanut trade was over, but. Well.
Well, it may be over this time like this could be the final
pump too, right? You never know of these.
So you could be right, but you could be maybe very wrong, or
you were just right between. Well, go ahead.
Sorry it. Probably depends on the election
results. Actually, actually, actually
does Peanut become the mascot if Trump wins?
That's. What?
That's what I think Elon tweeted yesterday for Peanut a couple of
times, like he's he's continuing to make this a thing.
I do think it's kind of a that's the issue about it.
Like though, it's an election trade that also makes it
slightly divisive. I think as a as a trade.
I don't know if you agree Tyler, but like I feel as though
election political. Right wing trade physical means.
We're tweeting a lot right now. This is insane.
Like this, if Bowden was still going, this would be the time
you'd be selling it, right? Well look at this, people got
Elon retweet you. Don't want a political meme
after the election? Is that true?
Yeah, I think that's the risk, right?
It's like if if Kamal wins the peanut meme probably gets hurt a
decent. Problem.
This is why he posted even on his America Super PAC thing.
Look, this is Elon's pack. Elon's propaganda peanut is so.
The other thing about the, the, the whole squirrel thing is, is
that how, how can it be that we live in America, supposedly land
of the free and the, you know, the government can barge into
your home with guns. So if you resist, you're going
to get shot and then take your. It's a 3 minute clip on Peanut,
yeah. Kind.
Of dumb I don't know like as a non American I feel like he's
even on his waste has wasted his kind of time with this one.
Like this is a funny story, it does not need like 5 minutes
soliloquy about how important this this squirrel is to the
future of America like they do. Go on forever like when they
bring it back up. It's like how many that?
Squirrel clearly had a love relationship with that guy.
He would. Yeah.
You know how many animals get killed around the world?
Like everyday? Just feels like to make this
into a a metaphor about America seems a bit much.
I feel like he's not doing a lot more than this.
This one, this one, this one hit me personally because we have a
lot of squirrels growing up in my mom's backyard and though my
mom wished she was like they were all dead because they used
to eat all her tomatoes and all her shit every day.
Well, seriously, like if if in the scenario where Kamala wins,
we're going to look back at Elon, who was leading Trump's
Get out the vote campaign, wasting the last two days
talking about a squirrel. Like, I mean, he's not OK.
It's a three hour thing, guys. He's not only talking about
Peanut. I mean, Logan, what do you think
of Peanut? Did you even take the trade?
I was in and out a little bit on the way up.
I'm I think I'm, you know, consensus here is this.
It's a little ridiculous at this point, but whatever.
I'm a squirrel lover as well, so I'm.
AI like squirrels too but like make this into like the number
one election thing three days before.
You mondo has a problem with squirrels.
I'm I'm based just as an outside observer.
It just feels a bit like, oh, OK, I don't know if you're
winning vote, but this one. I think if Mendel was in peanut
in the trade, he would say the that, you know, the squirrel
should be on the American flag. Yeah.
Exactly. That's that's what we're going.
For you know what to call it, Peanuts doesn't have legs.
For what it's worth, my Pennsylvania brethren do not
know much about peanut. I asked the other day.
I asked them for really, They have no clue what peanut is.
So. I, I need you to go out there in
the streets right now and just take some videos.
Like I'm so curious to see what rural America actually.
There's nobody out on the streets here.
There's no. My closest neighbor is, I don't
know, it's like forever away. So.
But that sounds like a dream. You're like, far from society.
Yeah. Well, sort of, yeah.
It's a dream. It's just a dream for me.
Do they know what MU Dang is? Is MU Dang made?
It they heard it. Did they know that MU Dang
picked Trump? Yeah.
MU Dang picked Trump must make that an election issue.
In fact, I think Donald Trump junior retweeted that.
I know it. Yeah.
Look, that was funny. So they wrote MU Dang's name in
Thai normally like sorry Trump and Kamala's names and Thai and
then it went for Trump. Did you see the comments on I
think it's like pop culture, just type in Mudeng Trump and
maybe go to like the one of the yeah, maybe not like a non
crypto publication around this. Malemoon is kind of crypto.
It was New York Post. It was New York Post that posted
it. And maybe.
Somebody and honestly, people are like I'm going to kill this
hippo. I never like this hippo.
No way on New York Post. I know, I know New York Post
posted about this, this article about Mudang, but they post so
much. Yeah, they post every 3 minutes.
That would be hard for me to find.
I was looking at the comments. I was like, wow, people are not
happy with each other in America right now.
Of course it's this reaction. Yeah, it's not great.
It's definitely not great anyways, Tyler, so I'm I'm I'm
now I really need to find this post so you guys.
Like a pop. It's like pop something.
Pop culture. Maybe I'll find it.
I'll find it. I can I can talk a little bit
while you're trying to find it. I think Mando raises an
interesting point about the the broader political memes.
We are seeing a lot of red on the board.
So Trump the primary Trump coins down to 5% at 157 million.
Mega is down 10 percent 78 Trump is down, comma is down 30%.
So they, they really that, that one's getting hit pretty hard.
I think we kind of talked about this lady and like you didn't
want to hold these headed into the election.
I think I still stand by that and I don't I, I there were, I,
I asked a question yesterday. How will these coins do in three
to six months? And they're there are believers
in the Trump coin. They think if Trump wins the
presidency, that coin is going to do well.
I don't know that I'm totally convinced on that it it feels
less of a like a rebellious play, which is always kind of a
part of the the core idea behind that.
Like once he's once he's won, you know, I don't know what's
the point. So I'm not saying I'm shorting
it, but I wouldn't, I'm not super bullish on on that one,
but. You know I found the link for I
could put it in the chat. You want to read the comments.
Let's go read Pop Crave. All right, Let's see what people
that who read Pop Crave think about about about Mudang
predicting a Donald Trump win. So on Pop Crave, Mudang predicts
Donald Trump the winner, the famous baby hippo was presented
with separate blah, blah, blah, blah, blah, blah.
All right, so. 6 million views. Someone send the Secret Service.
Now I see that these these two have been OK but.
Never trusted this oversized room.
He's never been oversized, right?
Fuck you. Oh my God, Kamala Harris
supporters murder the squirrel and rack when now they want to
murder a baby? But election night meal?
Wow. Election life is good.
If Kamala Harris supporter actually did kill MU Dang, I
think it could actually start civil war in the United States.
Oh my God, because he wants him gone.
Kamala's cake can shine now and get all the attack.
Oh God, people who ate in Mudan but didn't have a good reason.
Seeing this news mundane to liberals right now.
Oh my God I got to read this one out loud but this is crazy just.
Kill that damn pig. Just kill that damn pig.
Oh my God this is crazy. The comments on here is so
funny. Oh, this cake.
Good. Names here.
Actually like, no, I'm not going to go there, but I don't do they
hit do they eat like hippo meat? Like is that like edible?
About pygmy hippos, there's very few of them, but.
You've eaten Hippo. No, no, I've been to Thailand.
I've been to, I haven't been to that zoo.
I've been to the zoo in Chiang Mai in the north of the country.
But like, Thailand's got a bit of a sketchy history of animal
safety. There's a New York Times article
about eating hippos. You can, you can go there and
like hang out with like tigers and stuff, but they're often
like drugged up and elephant riding stuff is like done dodgy.
It's weird. Like it's kind of like, oh,
they're cool sanctuaries, but often it's just like ways to
make money from the animals. The zoo's also there are wild
like they're not like they're not like zoos in the West.
You feed the animals. So like I fed a hippo when I was
in the Thailand Zoo. I fed a Jaguar you like, yeah,
like, oh, maybe not Jaguar. Maybe it was a my?
God. The smaller version of a big
cat, but like it's and you, you buy the food for them.
So you like, you'll buy a watermelon and you'll give it to
the, you'll give it to the hippo and.
Stuff, Yeah. The sort of shit that just
doesn't happen in in in the West, yeah.
Is it true that you are a top donor to an anti squirrel
organization? You you've caught me out.
Yeah. I'm only I'm only for ducks,
guys. Ducks over squirrels.
Yeah, it looks like you hate squirrels.
I have a squirrel actually that I that lives in my, the like the
house I grew up in. There's a squirrel that lives in
the tree in front called and I call him poncho.
It's a black squirrel, like super dark black squirrel.
We have a bunch of them here and my mom hates poncho cause poncho
ruins her, her backyard every summer.
But he might, he, he hibernates in the winter.
So he's, he's hiding right now and I see him every year, same
time of year. He comes back out and I know
it's him, and he comes back out to eat my own strawberries.
Pardon, how old is this squirrel?
Ten years straight up like it's been the same squirrel.
Unless now it's son or some shit, but it's been the same
squirrel. Squirrels live.
Let's let's have a look at this. How?
Long do squirrels live? What was it?
A squirrel? How 18 years?
Yeah, the Alpine Marmot. I don't know if that's the same.
Yeah, those are it. Those are it like this, these
squirrels that that come out, right.
I mean, you have these two, Tyler.
We've lost girls, squirrels around here.
Yeah, they look like that. How long do black squirrels
live? Because that it's a specific
squirrel. It's these.
See. Like that?
Yeah. You stick.
Going to, going to. To dark mode bro.
It's like this is a dark mega squirrel bro.
It's funny now, like it's weird because you even you're
searching that you kind of want to search ChatGPT for this now,
right? Like search has become so
different. Like how long do black
squirrels? Interesting show today, guys.
Yeah. Girls 6 to 12 years, I'm sorry
man, you, you only got a couple more years it feels.
Like wow, I mean he's getting old, it's true.
But you should see when he like before the winter, he's so cute
because he eats a lot and he becomes like fat like he's just
like big ass squirrel. And then you see him after the
winter and you feel bad because they come out of hibernation
like thin, like nearly like you can see their bones.
So it's like, anyways, Oh yeah. Daily market report of
squirrels. Anyways, is there anything like
of top importance that we didn't talk about or that I missed?
Tyler? I know we talked about the
elections. Talk about the market.
It was like a quieter day. I I think flocking 400 million
is pretty noteworthy. The thing just does not stop.
So it's looking good. Sigma, one of the biggest movers
in that giga family. Giga Sigma, they're looking
pretty good. This chart makes no sense.
Like, you know, like this is where like, there's no Tai love
you like. You know what's becoming a
really good tool in crypto, though, is Kaito Kaito AI Let's.
See. That and default one on Kaito
for a while now. If you just if you want to pay
for it per month, it's a grand a month.
But if you just type in every single day, which is which is
what I do now. Just crypto mindshare.
Someone's always posted. Well, this is from this morning.
This is literally fresh from 40 minutes ago.
Kind of tells you like what might be good buys, including
Kyla's fart coin there. Oh, actually, what's the story?
Let me, yeah, let me tell the story.
So this this was second hand from a friend that he basically
said he was in a waiting room yesterday after like 30 minutes,
there was a doctor there who had his laptop up.
The doctor did like e-mail for 10 minutes and then spent 20
minutes looking at charts and he was following like, and the
doctor was like looking at meme coin charts and he said no shit.
He stopped on the fart coin chart and looked at it for like
a solid 10 minutes. So there are doctors in in
American waiting rooms who are spending their time looking at
fart coin charts and I don't know.
Chart looks pretty good. Listen, if Donald Trump gets in
and everybody gets into crypto, you know there's going to be a
lot of doctors in America looking at charts.
You know, excellent hard coin I. Actually think could do well if
GOAT does well, there's there's definitely.
AI missed the whole AI thing actually looking you're kind of
like the AI expert. What's actually what's the can
you give us to tell there what's happening in AI and explain this
far coin stuff? So far far coin was like right
around the initial goat launch, right?
Maybe only a week or so after, but I believe it's the coin that
Truth Terminal suggested he would he she it would like to
build. No, it's a she.
By the way. The truth man is a 65 year old
woman. It it would like to build a
fart. Coin, we know the last 24 hours,
man, have you been keeping up the truth?
Term. No, I hadn't.
I had to take the alerts off because.
It's not as valuable for me. A few hours ago it posted a a
pretty non PC image. Oh oh.
Keep going, keep going, keep going, keep going.
I'm wondering when Sims is going to come in here.
But keep going, keep going. I'm removing it just as backup
because I don't know what's going to come up here.
It's fine. It's not going to get us.
It's more what it said. Is this it?
If people can? If we can share B polls.
No. Keep going.
No. Oh, no, no, no, no, no, no, I
can. No, I'm not.
I'm not scoring. It says my God, I would.
OK. You want to read it?
I mean, the caption says. My God, I would lick your pussy
clean. Yeah.
Whose terminal's? Yeah, getting out of hand.
And then it also says OK. The image's fine it.
Wants to run for the president of the United States.
It's it's definitely going a bit wild.
OK. It wants to debate you on mask
on AI. It wants to run for the
president of United States. It's posting some pretty
aggressive stuff on the on the timeline.
Yeah, this is like this is very horny thing was talking about
creating website. I'm sure it's going to start at
some porn site by the way. Like I wouldn't be surprised at
all if Truth Terminal starts a porn site.
But anyways, Logan, what's the TLDR?
Because you were deep in virtual trenches and shit.
Yeah, it's obviously quieted down tremendously.
I mean, goats rebounded quite nicely today, but all of those
sort of tangentially related AI things have fallen away quite a
bit. Virtuals is is down.
That one's bounced. I know Mando's talked on the
stream about playing the, the virtuals versus Luna Luna's down
quite a bit from high, like maybe 6070% off high, but
you're, there's still lots of experimentation happening.
Like, you know, there was the Wall Street Bets launched a
agent with a platform last week. There's a platform on Solana now
that's like virtuals. There's there's a lot of stuff
still happening. Of course, you know, the
eventual winners are probably buried in those trenches.
That's where I'm trying to be a little bit more.
But as of right now, yeah, pretty, pretty lukewarm tepid
waters surrounding the AI coins at this very moment in time.
I'm curious how the tensor's doing Mando actually.
We haven't talked about this in a while.
Did it bounce back on all the other AI shit going down?
I don't know. Where it is.
That was the thing I sold for. 440-8448.
Yeah, I guess it's kind of where it was.
Have you looked at Zaribro? This is the new one that I've
been looking at. It's been the top gainer of the
last few days. Who read that?
What is that? It's another AI seemingly a
slightly more automated than because because how truth
terminal works right? Like is a is Andy has to still
approve the tweets for now because it's so fucking non PC,
but Zaribro is an account I've seen.
Yeah, that's the one, the top one.
It's going to be linked to a bigger AI model if you just type
in Zaribra Bunch. Of Claude No.
No, it's it's. It's being linked to something
else in the space, but like a. Bigger OH.
God, I've forgotten to find it, but D Gen. what's his name?
The 8. D Farmer.
D Farmer, he's been talking a lot about it.
Very bullish. I, I, I need to look more at it.
It's the sort of thing I think you go higher though, like the
the chart looks like it's the sort of thing that's about to
gap up to like and I own 0, but it's one thing that I picked up
on this morning as a new coin. Where is it at?
.61. Yeah, yeah.
This is it. Like. 11 this weekend.
I was good, yeah. I was in and out of this a
couple times. Believe something you're
looking. Believe in something, Logan I.
Know, I know, I know. Like I feel like what's the Moat
for these new AI agents? I agree.
I haven't spent enough time with this one to understand why it's
different or better. So this guy, I think the guy is
great as Jeffrey you people just saying like he's the what stuff
he's doing is more decentralized.
I I agree with you. It's definitely a beta.
But what I like about these, and
the reason why I actually like Truth Terminal is I do think
they need to work alongside some form of an AI researcher to be
good. It's not just some lap with a
pump fun. Right.
Because I think those are the ones that like don't last.
Whereas if it's like something cool and they're going to
because every single week there's a new thing.
Because you're more bullish, you're more bullish on GOAT
because of Andy, right? Because I see you like answering
Andy's tweets. Like a lot.
I'm bullish on GOAT because I think it's the first of this no
matter what happens. You seem to believe that Andy
drives that narrative forward. Yeah, I think Andy makes it
better like if and if Andy's vision now is to like create a
YouTube for it where they post content, get make websites like
like already with the with the images and videos.
It's expanding. But there was a comment in one
of the chats I'm in yesterday where they asked because I'm
going to chat with. Andy, I'm on the show.
I've been trying man. What do you mean you've been
trying to chat with him? I know, I know, I know.
Say hey, Andy. But there is a what was I going
to say? Yeah, he's, he was asked like
what happens when there's a new model that comes out, you know,
like what happens if there's when the clawed model updates,
He's already updated it with one of the clawed updates.
But you need to have someone who understands how to upgrade these
things with the new LLMS that come out.
And I think that's why this cerebral one, this kind of has a
look of me as someone like, this guy's going to do some cool
stuff. This, this, this you guy,
Jeffrey, you everyone's like this guy's the guy, you know, in
the same way that they were talking about Andy.
So I I don't know, that's why I love it.
I really think you should people should try to mess around with
these platforms like virtuals and and beyond.
You get a pretty good sense of like how differentiated those
agents actually are. So for example, like I, I built
one on creator bid and this is no knock at creator bid, but it
was really easy to build. But I could tell pretty quickly
after thereafter that like whatever I built from that was
not going to be anything super special and differentiated.
And therefore it would be very difficult for somebody else to
also do that. Therefore, more likely making
the agents that perhaps would come from that platform be a
little less desirable from a an investment standpoint.
Of course, not financial advice, but that.
So I think, you know, just mess around with them.
But you do need to I'm, I'm fully with Mando there.
You need people pushing the buttons a little bit and trying
to get these things to level up because it's so easy.
Yeah, it's so easy though, for I mean, you can go build 1
yourself, but like then it's just any other shit coin from
anywhere, right? It's there's, there's nothing
special about it. Yeah, no, I I agree.
I think it needs a special thing and last thing and then I guess
we'll get Ash. Ash, you should start requesting
to speak so we can do your spin here.
So while we wait for Ash, maybe Tyler, do you want to go over
like The Mirage memes and how we're looking?
Because they were looking really good on the bounce of the old of
them, as a matter of fact. But Ash Ash BTC, if you're here,
come up on I already saw you in the comments on YouTube, but
make sure that you come here on the stage so we can get a spin
going for you and see if you can win a pup.
But but Tyler looks like the brown beams are having a good
day. Brown beams are back.
Popcat Fierce rebounds off its local bottom.
It's back to 1.3. Mog up 10% and lock in Lock in's
the top mover on the board. That's 75.
Million love to see that. That's a where's.
USA, Tyler. USA Oh, it's not good.
Still below 30? Yeah.
What? Happens to USA if if Kamala wins
feel like. I think it's still a longer.
I think in both scenarios it's a longer term place.
Because if, if Trump wins you, you still have all the other
Trump memes. Yeah.
Actually in the post election world in general happens USA
right? I thought this would catch a
little more hype into the election.
Yeah, it hasn't. It hasn't, but.
I mean Murad is still bull posting his one to two year long
outlook every day. Yeah, and still the cheat.
And MOG has 100 million on SPX now.
Do you see that Mando I? Mean that's a.
That's a. $100 million difference now between MOG and
SPX. Since the day you talked shit
again, Tyler, the shit flipped completely.
Not only 100 million. Sorry, 106.2 $1,000,000 Market
cap difference. No, we need we need the those
Poly market like historical lines.
You're getting mugged, bro. That's what's happening.
They're signed waves. You can if you put both charts
together. You know how people do those
those things. I think you can, but there's a
way. To do it, yeah.
Yeah, there's a way to do it, but yeah anyway, so it looks
looking good. My bags are looking good here.
My retardio and locking bags are looking great.
My mug bags, I have those three mug retardio locking and my 3
coins out of Murad beams. They're looking good today.
Love to see that.