Oh yo-yo what up, what up good morning, good morning GMG
Friday, Friday Friday, Friday Saturday 10th 20245552025 yes
look at that another beautiful day to have a beautiful day.
I got my Co host in the house Tyler Mando Good morning, good
morning happy Friday guys. How you guys doing today?
Doing great man, how are you? I am doing good, I'm doing good.
I'm chilling. Just another day in paradise.
You know, it's it's D-Day in 10 days, baby.
You know, So I'm just I'm just patiently waiting, you know, you
know, smelling the bitches in the air on the timeline and
doing my thing. Tyler, how you doing?
I was better this morning before I learned that too many people
in the United States got jobs in the past month and Oh no, all my
AI coins. No.
So. Oh my God, I'm.
Doing pretty well. Oh my God guys are you it was a
positive data report that is negative for the crypto AI
coins. Are you telling me that my LLM
agent which is a sloppy ass reply bot worth $400 million.
Depends on the fact that two people have jobs in America.
Turns out. Didn't see it coming.
Man, what does that mean for my 4th coin?
We're on a fart roller coaster this morning.
God damn it man, I can't believe it.
I can't. Honestly guys, this morning was
the first time in my history that I literally felt bearish
about something. Like I never felt it.
I guess I felt for a second what it's like to be like keyboard
monkey full time. But like for 5 minutes I
literally turned bearish like 5 minutes.
Then I stopped myself and I was like, yeah, you know.
Snap out of it. Snap out of it, slap myself out
of it, posted some tweets in the mouth, be like, it is insane to
me. It is.
I want to talk about this, but let's let's let's let's let's
talk to this in the market report.
So anyways, hey, it's not the show today today market report
as usual, crypto macro da da da, all that good shit.
Tyler's top 100. I'm sure you have a lot to talk
about. I mean, yo, we got we got a we
got a little AXBT little, you know, finance news this morning.
Love to see that. So I'm sure you got a lot to
talk about. You definitely can can have a
victory lap if you want on this show, Tyler.
And then and then robit loot box spins.
So another loot box spins for the people.
See if you guys win something, it's time it's time.
I'm tired of seeing rug weed and red guy wins.
OK, it's enough. It's enough.
And and then last but not least, this show is powered by
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True story, by the way, they did trump cards.
Look at this dude, president of the USA dropped fucking ordinals
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Anyways, also so it's powered by also fair side network.
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wrecked. Mando.
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wrecked and your name is Mando but your username is wrecked
Mando. Boom.
GM, everyone. So we had a jobs report and it
was a good jobs report, which good is bad?
We're back to that sort of a market.
The unemployment figure came in slightly below expectations.
People freaked out a little bit. Bitcoin, which had hit I think
14 straight green candles or something along those lines
quickly kind of went back to this level of support again at
9292 K. So people freaking out all over
again and all the gains that we can have this morning in the in
the AI sector and broadly other sectors kind of all be traced.
So not a great day, I would say, Well, a day that's getting
progressively worse as the day goes on.
Yeah, we're like turbo dumping right now.
We are turbo dumping. We are going back to that level.
To be fair, this is this is a macro dump again.
I'll share my screen maybe. Yeah, you do that.
Let's do that. Hold on.
Let me unshare. There you go.
Here we go. Here we go.
We're back. Mandel's sharing the screen.
You know what's coming. OK.
Let me just bring up Trading View.
So yeah, this is a macro dump. So we basically have a stronger
dollar. The dollar in that right now is
pushing for, I mean, we could do this on a weekly, right?
This is pushing for highs that it hasn't seen since 2020. 22.
It broke out of this range here and now it just keeps on going
higher. So you have a stronger dollar
and then you started to see stocks, particularly tech
stocks, kind of look like they're about to break down a
little bit here, which isn't great.
We've been on this uptrend from 2022.
We've had a couple of dips. You know, we have one in July,
August time. We have one in the summer and
then looks a little bit more precarious I would say.
So macro I think as we've said several times in the show is
definitely looking less supportive than it did for the
second-half of 2020. Four, 2024 was looking like this
the whole way up. The dollar was kind of going
down for a lot of that as well turned off the election and that
is all kind of turned around. So what we've seen is that the
Bitcoin Bitcoin hasn't reacted too well to that.
It it obviously it, it did quite well after the election because
of Trump and and Bitcoin Reserve and all that sort of stuff.
But it's kind of got caught up in this macro sell off ever
since the Fed had that press press conference last month.
And that's been the prevailing headwind from from around here.
So it remains to be seen. A lot of people would point to,
you know, the banana zone so to speak of global exactly the the
concept that global liquidity is going lower.
I wonder if I still have that script.
Do I have that saved? Yeah, this should show global
liquidity actually if I have it. OK, so global liquidity, this is
global liquidity been going down to 2021 kind of from September.
It looked like we were heading back up in terms of global
liquidity and we've actually headed all the way back down
again. So people are going well, there
was this hope that global liquidity would start going back
to here and up, but actually global liquidity has gone down
again, Bitcoins gone higher. That is a breakdown of of what
should have been a trend and we could see some bearishness.
Now, conveniently, we've come up with a new term, which is the
banana singularity. What?
Is that all about? I can't wait to hear that one.
So if the banana zone was really on this figure going higher,
right, global liquidity going higher and it's actually not the
net, it's gone lower and Bitcoin's gone higher.
So now it's AI is going to save us, which I think is also quite
a powerful narrative. We're already kind of seeing
that that that happening in crypto right now, like the most
you're seeing D Phi AI or AI Phi, as I saw today gaming, you
know, because J5 it's all happening AI to make crypto
onboarding easier to to to basically break down a lot of
the issues that we've had with making it easy for people to use
all these different applications as well as doing smart stuff
around trading, making money. These are the rails for
payments, all this sort of stuff.
So we may have found product market fit here and that's the
bull case I really think for for crypto right now because this
one, which is this figure from which since 2021, I mean that
was what was blamed for the whole of this bear market,
right, Global liquidity going lower.
And we started to break out of that on the expectation that
this is about to go higher. And then it hasn't, it's
actually just continued lower. And now it's OK.
Well, actually we've come up with a new narrative and that
may be fine. You know, that may be fine.
But we have, I think we have to be have some intellectual
honesty that, that actually this, this goal liquidity is,
has breaking down the, the macro backdrop that we were hoping for
has not really happened. And that may lead to a low that
may lead to a little bit of a, a messy macro picture.
You know, stronger dollar, lower stocks, higher bond yields for
10 years at 4.7% today. That is very high.
You know, that was, that's kind of where we were at in the, when
everyone was freaking out in 2022, right?
So we're, we're back up to really high levels on the 10
year, albeit the two years down, down quite a lot.
But the 10 years is basically back up to where it's, it's
highs was when everyone was freaking out.
So macro has turned against us in the last few months and
turned pretty aggressively against us, right?
The, the, the 10 year was at 4.6% back then.
And it looked like, you know, at this point we have global
liquidity going high and you have bond yields going lower.
Looks good. And then since about just before
the election, that's all turned, that's all turned.
So I think that you'll see a lot of bearish macro takes.
You've seen that over the last week.
You know, a lot of people being like, you know, we've got to get
out of the market. There is something to be said,
you know, that there was a correlation between this figure
and Bitcoin, like if you could bring up Bitcoin, but that
hasn't largely been the case since 2023, October 2023, where
this figures kept on going lower and Bitcoin was at 28 K and kept
on going higher. So what this tells you here is
that's not the only thing to pay attention to.
It would have been, I think there was some expectation that
this was going to turn during that period, but that doesn't
necessarily mean that you can suddenly say, oh, you know,
global liquidity going lower, Bitcoin should go lower.
So I think what this tells us is that maybe we found product
market fit a little bit better. Maybe we found regulatory
clarity a little bit better. A lot of this has to do with the
Trump administration coming in. And maybe we can diverge a
little bit and and everyone can freak out.
But they haven't been saying that really since, you know, to
be fair, like Bitcoin bottomed in in what was that, 2022?
Yeah. Yeah, Global quiz he's headed
kept on heading lower since then.
So you could argue that maybe over a short term period like
people often bring that up, but that hasn't been the prevailing
factor. And if this continues to go a
little bit lower, it goes a little bit lower.
And we, we, we, but we does mean we completely rely on we found
product market fit with AI. And this is this is going about
to revolutionize crypto here. And that we suddenly have Trump
coming in and we're going to get, you know, we're going to
get the Bitcoin ETF. We've already had the Bitcoin
ETF. We're going to get the salon
ETF. We're going to get the XRPETF
Regulatory landscape is changing because that's really what this
was, right? This was the Bitcoin ETF coming
in. This was regulatory landscape
changing. And now everyone is mentioning,
you know, macro again. Everyone is mentioning macro
again. I'm like literally about to like
mute the macro analysts and unmute the streamers.
But they could have been saying this just put it in perspective.
They they should and they could have been saying this since 2022
and they would have been wrong. So don't just be like, Oh my
God, was completely screwed. Now that that being said, stocks
did go higher during that period as well.
There's definitely a correlation between Bitcoin and stocks.
And ideally we don't get a breakdown here, You know, like
this looks like it's been it's about to break this trend line.
It says the S&P 500 NASDAQ looks the least right in my test
around that trend line. So as long as stocks don't like
completely get decimated, I wouldn't just necessarily focus
on on on global liquidity. That being said, like it may not
be the sort of environment where Bitcoin can go to 200 K anytime
soon. Like I do think Q1's going to be
a period here where we need to work out if stocks actually do
have a bit of a breakdown, if bond yields continue to go
higher. And in that sort of world, like
it's probably not a world where Bitcoin goes to like 100 and
5200 Ki continue to think it's a world where Bitcoin dominance
could get challenged because the if the most interesting stuff in
the market is AI essentially, and we found a new use case.
I do think that that lens and you have like a sign of ETF
coming. All that sort of stuff.
I like I like the L ones more than I like Bitcoin for the
first time in many months, right.
And and but I may be wrong there.
You know, you never really want to say Bitcoin, but for once I
feel as though the macro situation's not as strong for
Bitcoin and it maybe is getting stronger for the use cases of
crypto, the utility side of crypto that for a long time we
we hated. Interesting.
I Tyler, I think you have something to say about that.
Just quickly for people, we go live on video everyday.
So I pin to the top for those who want to look at what Mando
was sharing. You can also obviously like look
at look back at it later. Tyler, seems like you want to
say something. No, I think Mando gets some
terrific analysis there. I think there's some still some
wild cards with what Trump's going to do, right?
Like if the dollar is strong headed into the inauguration is,
you know, is he going to take some early measures against
that? Will that be seen as
inflationary? And then as a has been an impact
of that? We have the inflation narrative
for for Bitcoin and as an inflation head, which has been a
strong one over the last few years.
The other one I tweeted this out yesterday was these traditional
investment advisors continue to increase in numbers who are
telling their clients to divide, go and are starting to allocate.
And there's plenty of room to run.
Like they're up like 100 percent, 150% year over year,
but we're still talking like 20 to 30% of advisors are
recommending. So 56% overall said they're more
likely to allocate because of Trump in office.
When you dig into the numbers, it's actually a bit smaller of
who's actually doing it, which is positive.
And I think we're going to continue to, to see, see growth
here. And this actually matches my
personal experience, which is what I shared in the tweet.
We have a financial advisor who is very anti crypto, won't touch
it. But as we are looking to move
things to, to cash because we're, we're buying a house, he
said, I would not sell crypto here.
I would sell stocks in your portfolio before crypto.
I mean, that's from someone who's totally anti.
So I think people see, and I think that's another narrative
that that people are kind of forgetting about.
Like we talked about this a lot in 2024 early on when the ETF
started coming on this infinite twop.
I think this twop is just getting started.
So I, I, I think that's going to continue to be a part of the
bull case here, But that's longer term and that's not super
near term. And I think you know you know
laid out some of them more than near term Adams you.
Guys want to see my chart. Yeah, you're.
Not going to like it. Or you may maybe it's good for
your other coins sample. Oh, don't do it.
Don't do it to us. I guess it could.
And I don't think that would necessarily be bearish that we
had a whole mean cozy. Bearish.
No, exactly. That means alts.
That means Ethereum, Solana. Your AI coins up.
I don't think I'm maybe not Ethereum.
So I mean Solana did well during that period I guess, but.
Like that's what I'm trying to say.
I'm trying to say mean like higher risk assets.
Like I said, we go if, if 2025 is a hardcore bull market means
we go 1 notch to the left in terms of the bell curve means we
go also 1 notch riskier as investors, meaning risky assets
like the AISBTS and the fart coins and whatever the fuck
you're buying higher. I mean, I mean when I'm buying
higher what you're buying, I don't know.
And then and then Bitcoins range for another.
I mean this would mean another 195 days of chop Bitcoin.
You guys ready for that? I'm potentially ready for it if
I'm being on. So let's let's look back like
when did with have his big run? Well in Q 1/20/25 it was right
after the April, the January dip, like the begin of January
dip and then it went like insane in February.
And when did Bitcoin top? Can you go back to your Bitcoin
chart? I want to see like how it.
It would basically be around the same time and what it would
mean, it would be a rotators market, that's what it would.
It's here, February, February. This is Feb.
This is PEP March. So that's like my Goldilocks
scenario is Bitcoin shops and we see a huge AI meta.
This is literally here. This is February 26th, this pico
top is March 15th, and then that top top, like the mega top was
March 31st. That's my mom's birthday.
RIP. So I sell everything on my mom's
birthday. And that happened in six weeks.
Whenever you see me post about my mom's birthday, sell
everything But yeah, you want Bitcoin chart?
Here you go. So you were what?
What were you referred to? A lot of years #26 literally
that's it. Same fucking day on the money.
So I think the point is like it could be painful for a lots of
different pockets of investors, but you can still have sectors
that outperform, right? If you're in those sectors, it's
great. The absolute best thing you can
do in this market is get a job. If you don't have one in the
industry, don't be full time trader because you're not a
trader. You're not going to outperform
traders or just stay occupied. I think about this all the time.
If I didn't have like our business, I'd be fucking banging
my hat against the wall because My Portfolio has just been
nothing but up, down, up, down, up, down.
And I'm not going to lie, I don't think I'm up much in terms
of like the last year in terms of like pure like net net profit
and capital. I did really good.
And then I've just been kind of stagnant, then lost a fuck ton
of money in summer chop and then won it all back and then just
been stagnant ish again up and down.
JLJLPJL. P Baby, you know.
Maybe a guy, that's what that's what I that's My Portfolio.
Maybe if you were selling JLP instead of GOAT I'd be up, but
we have. Been selling JLP for a lot
longer than we were selling GOAT.
I'm I'm I'm I'm really fucking with you, but you're right and
you're right. And I do think that there's some
this to be said. So anyways, there's a job scene
this morning. I thought that was funny.
Tyler. Also, I loved your post
yesterday. I shared it, but about bitwise
that you just mentioned. Hunter Horsey is a great
follower for his worth. Like if you guys ever like need
a bowl, institutional bowl to follow, just follow the CEO
bitwise this man. He is the best institutional
bowl poster there is in the game.
My opinion like in terms of Tratify, he's the best Tratify
bowl there is and he has actual data like real data.
This guy runs one of the biggest ETFs in the fucking world in the
market, right. So so you know it it's it's
huge. OK, and then Speaking of huge, I
don't know if you guys just saw it.
So started Trump is Trump is a free man themes he beat the
case. It looks like he's getting away.
Let me see where's the news? I just shared it to you guys in
the chat. Trump gets no jail time or
probation in the the hush money case in New York.
How would you OK? Yeah, that just.
A way they could could really do.
I think there was like no way they could have done anything to
him. It's like we he's our incoming
president. Like we kind of.
Yeah, but that's just news, right?
This just came up now right on on the timeline, Lydia, I think
as they open the show. So that's that look, that's that
on the on the on the on the market side.
Let's see, let's see what you got in terms of topics for us
today, Tyler. We've been talking about, but
the top story this jobs report has sent Bitcoin into an
absolute roller coaster. Bottomed yesterday below 92 K
ripped to 95K back to 93 just all over the board here this
morning. We did have some alt winners
earlier this morning. Swede was up 8%, OM was up 5%
maker as well. They may be down.
I haven't checked in the last 30 minutes.
We did have a stablecoin D peg. USD zero stablecoin from usual
fell to 87 cents. There's a bit to unpack there.
It's not just a traditional D peg, but that one was catching
some headlines. We saw mantra they're planning
to tokenize $1 billion in real world assets for a UAE based
property developer DAMAC. So pretty sizable headline
there. Arbitrum developer Off Chain
Labs has hired the former NASDAQ digital assets lead Ira Auerbach
to lead its venture or it's notable higher.
And then the CFTC has asked Coinbase to turn over customer
information related to Polymarket as a part of its
investigation. So that was a big subpoena.
In token AirDrop recall news, a couple headlines.
Fancy top introduced a new game called Moon Shot Coin Rush.
Players can pay $5 entry and compete to see who can make the
best 24 hour meme coin portfolio.
So low sticks way to compete for prizes.
Bear chain decks Ooga Booga also announced a $1.5 million raise
led by Primal. In AI news folks, it's been
another roller coaster. So the overall market cap had
rebounded a full 10% before this Bitcoin dip.
It looks like it's back down to about 14.4 billion.
So it's shaved a billion or so off, but still up from
yesterday. Leaders are slightly green here.
AI16Z. Oh, they're mixed.
So virtuals is down, fart coins down.
But AI16Z. AIXBT is up because Binance now
spot listings for AIXBT Cookie and C GB TCGPT, each of which
absolutely soared about 30 to 60%.
Some other top movers on the day Pippin, ABB, Leah, Fava and
Roparito. A few new token launches.
This Biosphere token ran to $20 million and its debut that is an
open-ended agent evolution arena where AI agents can interact and
text in the sandbox. That's similar to the game token
on virtuals. Then also this new token Stealth
ran to 14 million in its debut is tied to an AI agent gaming
framework, Immersive Roblox Experiences.
We also saw Ronin debut its first AI agent Jehos, which
soared like 25,000,000 in its debut this morning on virtuals.
Other than that, we saw Eliza expand to 8 chain leading to
Shaw calling it AIP E chain AI chain Shaw.
Me motherfucker. OK, we'll, we'll, we'll give you
the the credit for a rounding this out.
Meme coin majors. They were green this morning.
We'll see. It looks like they're starting
to flip red. Not a huge surprise there.
ETH leaders were red and then we got caught.
Kaido, Kaido Genesis up 40% to 7 1/2 ETH, she's nearly 20.
That's like $25,000. So that is a notable run there.
And there's also been an increase of NFT activity over on
Ape Chain, So we might have to chat about.
That what's going on there? What?
So let's start there, right? Because first of all, Tyler, I'm
very disappointed. I'm very disappointed.
OK? Anything to pump your fucking
AI16Z bags, huh? Sean?
Didn't Sean didn't come up with AIP chain.
I did OK I'm I'm offended actually I hope he didn't I'm
saying this maybe he tweeted before me.
I doubt it that I came up with. I came up anyways, I'll.
Have to check the the X chain. Did you tweet it before him?
He did tweet it. Where did he tweet it?
Let's let's go find out right now.
I didn't see him tweet it. Did he tweet tweet it or did he
reply to it? I'm going to find it right now.
Let's take this to X. It was a tweet or a retweet.
All right, where is it? Damn, He does tweet a lot, man.
Jesus. Wow.
God damn. Yeah, he does tweet a lot, dude,
not going to lie. Can't find it.
Anyways, while I look for that, why don't you run us through the
news Do. You want to start over on ape
chain with ape chain. Stuff feel we're at it, may as
well. Effectively there's just been an
NFT rush over on ape chain. I don't know that I I
necessarily saw it coming this like if you look at the seven
day change percentages like this gobs on ape tokens up 400% it's
at 1600 eighth floor. I wish if ape is like right
around the dollar. So I'm not that's over half an
eighth it hit 3008. So I mean that's a one eighth
floor. It's like that that's it's a
pretty sizable run for a new IFD launch.
We have to these chimp Denzas are up 150%.
They're at a 5008 floor. Chimp Denzas.
Yeah, filched by a, filched by floor and then floor price.
And you can see some jobs on APE just if you can go down this
list, they're all up like 40 to 100 or 200%.
So there's clearly a pocket of traders who, who are are diving
into these and they're running up and they're stacking some
Apcorn over there. So that's, that's Part 1 of the
news that that kind of ape coin ape ecosystem than the other
one. We, we, we gave talked about on
the show a day or so ago. But that's the the metaverse is
coming. Oh, I saw that and.
It's going to be persistent. So I think that which means it's
no longer event based parties, it is going to be ongoing and
live and. Can you see my screen?
I I lost you guys. I can't see anything.
Sorry. Keep going.
Oh, it lost signal. Yeah, and that's a huge event,
right? That's going to be, I feel like
what, 2 1/2 years since the other side meant one of the more
notable mints in NFT crypto history shut down the Ethereum
blockchain for hours to meet S fees to mint those things.
What hundreds of millions of dollars raised, hundreds of
millions of dollars burned. I believe I kind of forget the
the totals. It's all culminating in this
metaverse, right? So people are going to give them
leeway. It's not like this June launch
is totally make it or break it. But I think we are kind of
getting to that point, right? Like this.
The metaverse is a big it's basically the met other side and
ape chain, right? Those are the two main focus
areas that that I that I see. And perhaps there's apes out
there who, who could enlighten me if there's a bit more.
But it seems like those are the two focus areas, right?
And Ape Chain is having some success.
I think a lot of folks are waiting on the other side.
Yeah, 100%. What do you think, Mendo?
Well, all this, all this stuff, I think AI on, I think every L2
is going to write around jump on this AI stuff, right?
I think it's smart. Yeah, probably AI is going to.
I've said it's going to save everyone's bags, like everyone
who had an underperforming token is now thinking, how can I make
it more AI? Trust me on that.
Like for D5 or for gaming for Deep In I'm trying to think of
every other narrative will now shift towards AI.
There you go. I mean excuse for gaming, I
mean, so metaverse and gaming are kind of the same bucket,
right? So now how can you power your
ape PFP in the other side Metaverse with AI, right?
Looks like and they've got Eliza over there.
So like they've got new angles and new twists to pump and
everything is just more interesting and there's more
possibilities. It is.
I got shobbied by three hours, by the way.
Anyways, so petty excuse this. There's a lot of stuff going on
there. So look, proof.
Proof is in the pudding. There is money to be made right?
If you just gotta, you just gotta really be deep there, deep
down in the trenches and willing to to hop chains and and play
around in different ecosystems over here.
So love to see that. Tyler, what else?
What else you got going on? I know I I had one.
Someone in my reply is asking about this Kaido Genesis NFT if
we could talk about it A. Little bit let's talk about.
It so I think the news is it ran to seven and a half feet floor
100%. It's up 88% of the week.
So this is a one of the biggest runners in all of NFTS right
now. These meant 0.1 ETH to anyone
who was on the the white list. Also the the Kaido team said
they would use the proceeds and give them back to the community.
So check your wallets. They sent 0.2 wheat to the top
500 yappers this morning. Point what 0.2600 and 50 bucks.
They sent that out to all the top 500 yappers.
I think the 500 to 1000 got .1 ETH.
So they're they're giving back to their community.
I think folks are probably are familiar with the Kaido
protocol. If you're not familiar, they are
kind of the ones who coined this mindshare term that has become
so prevalent across crypto Twitter with their their good
visualizations. I think they're you, you 100%.
If you've logged into crypto Twitter, you've seen their
visualizations with big blocks of, you know, percentage
basically attention on Twitter. They measure people, which I
think some of have said is not as novel, right?
We we've had that those prior protocols.
Back in the. And it inspected that.
But I think what is more novel is the the tracking of tokens
and topics. Look at you, Tyler.
Look at you right there with Michael Saylor.
Look at that Tyler. You're neck and neck with
Michael Saylor. All right, feel feels accurate.
And though we're washed, dude, we're not in top 100.
You guys don't EP enough I can tell as your fantasy card
holders owner. Yeah, we're, we're, we need a,
you know, we need to step the game up.
You know, I need to tweet breaking this NFT sold for like
100K every day. Now I'm going to do that.
But what's interesting about this NFT run is it seems to be
fueled by speculation around their token.
The Kaido token that's coming there, There's no information.
We don't know what it means. People think these NFTS will get
a good chunk of the tokens. Why the token is more
interesting is because Cookie, the other analytics platform,
which I feel like it's kind of piggybacking off of Kaido's
tech. Of course.
Is now at a $200 million token after being listed on Binance.
So cookies is one of the single biggest winners of the day.
And I think if you're a Kaido holder and you're saying, oh,
cookies at 200 million, why can't Kaido go to 200 million in
in fact, I would say probably has a higher ceiling.
Well. Billion.
At this stage, if you're comparing, you're doing comp
right? And that's no offense, Cookie.
Cookie has done a tremendous job capitalizing on the space like
they're they're one of the go to dashboards, but I think
objectively kind of has a bigger reach than Cookie does.
I would. Say this is pretty crazy though.
Let's stop on this for a second because yesterday I was going to
ask you as when is Binance going to spot list memes again?
Well the the answer was today. Yes, I was thinking about this a
little bit. AIXBTCGPT and Cookie spot listed
full on spot listing on on Binance.
It's pretty big. Binance may have just saved
saved AI here in the in this hyper near term.
It's like we hadn't seen any spotless things for, well,
weeks, right? So like we were just getting the
perps, the perps, everything was getting shorted to death and it
was all going down. And then I mean AIXPTI was
tracking it last night. It was down to like 380 down to
580 on this headline. So that so that was a full fixed
different move. It's getting hit a bit right
now. I-20 a little bit of a red
candle with with the the sell off this morning, but I'm not
still a huge reversal, right. And the bull case for AIXPTI
mean being one of the 1st. So this is the first group of AI
tokens spot listed on Binance and everyone knows.
If you're in the space check you know what AIXPT is.
Of course. Dominating mindshare it's got
the Binance listing we've we've shared on the show.
I think it's trading at the medic value over utility value
and that's probably a good thing if you're a holder because the
ceiling on the neck value is much higher the the the terminal
is already too expensive. We we already know that but the
value of the number one crypto Twitter KOL that dominates all
mindshare. I've raised my fingers.
I think it can still 5X from. Here fully diluted on cookies
500 millibro. Cookie but it's had this token
for a while. It's like I don't.
How far back does this go? It goes back dude.
So clearly there there's something else happening with
this, this team in this. In June.
Because their dash their their AI dashboard I think didn't
really come out till like late November.
Maybe I'm wrong about that? Yeah, I'm not too sure.
And then the third one was what C?
GPT I I This one wasn't even on my radar.
I don't know what it is. Oh me.
Neither. What is that?
It's also a BSc token SO2BS. I see, so they're listing
Binance coins. Look at that candle.
Bro Crime never takes a break over at Binance HQ.
First 3 AI tokens listed were Binance Smart Chain tokens.
Dude that is so funny on so the all the AI they've listed 2 are
BSc and one is literally they got paid like 1020% of supply to
list act this and it's been down only since the token nobody's
ever heard about before that. What?
What do we think's next? Incredible form.
I don't know you whatever token has the most like supply control
by founders and that Binance is going to take so it can dump on
you guys. Well, but AXBT like is the
exception, right? So like the the I don't think
they, I mean, I don't know. What do we know?
I'm not saying they do. I'm just saying, what do we
know? You know, I don't know.
More of an organic listing, but again, I kind of, I don't know.
I agree, though I agree it's that the XBT one's probably more
organic. It makes sense.
I mean more organic, like, of course, we're never going to
guess like the the ACT, like the the CBGBT, but of like the top
ten, like what do we think it's listed next?
An interesting. Question.
I mean you'd think fartcoin goat keep.
Thinking of. Fart Griffin, you think of
those, right? I fartcoin for me is the most
obvious one, but I don't know. What do you think, Mandel?
I know what he's going to say. Let's look at volume.
I was surprised they listed a XAIXBT if I'm honest, but first.
One, it is surprising. Because at the at the perps
volumes it's definitely not been highest.
They didn't list virtuals which I thought was crazy to to list
AIXBT and not virtuals. But I think the the the actual
tag they have the C tag is generally for like lower cap
projects. So maybe I don't know, maybe
virtual's didn't didn't make it there.
But I think we are now going to hopefully see spot listings for
all the major. Yeah.
All the major tokens. Isn't surprising though, like
honestly all this time we've been waiting on GOAT because
GOAT was the first one to get pervs and the first one to get
articles written about and the first one to get a bunch of
shit. I have none of it right And you
know how you feel about the coin anyways.
But it's like crazy that they pick other stuff or I I just
don't understand the process. Also behind picking all these
listings, but I guess we'll never really understand it.
It's. Crazy that Coinbase hasn't
listed listed AI. What is going on with Coinbase?
Like I, I, I don't know these the I'm like personally
speaking, I'm really tired of the whole game.
I know it depends on it. I get it.
You got to play it. I guess it's I'm just I'm I'm
there's a few things I'm really tired of in this industry and
one of them is like how T1 exchanges and T1 VCs matter.
Like anyway, it's a lot of conversation that we can have,
but it's just if. You could pull up the virtual
chart for a second. I think what's actually even
more impressive about the XPT move?
Benny. Is despite the this this draw
down in virtual. I brought Benny up, but Benny
give it. But go, go ahead, go ahead
virtual. Where do you see a virtual token
chart? There it is.
There you go. So I mean this thing hit five
and it's down to three. So it's down a full 40%.
And if and basically what happens is typically since the
the virtual tokens are all kind of priced in virtuals, like when
virtual take a huge hit, they take a hit as well.
So master currency is down 40%, but AIXPT is up.
And of course now it's got all the Binance liquidity and that's
what's driving it. But that is notable.
But also what that means is that virtual does rebound, right?
Like that's another potential tailwind even if like that,
that's a tailwind that could potentially drive a XPT and the
other virtuals even without their own tailwinds.
So another potential bull lever. Interesting that's.
The proper draw down it's like is that a bull?
Flag. Is that what it is?
Just kidding. Yeah.
I mean, look at this is interesting, Tyler.
Did I did I did I miss anything? I mean, we talked about the ape
coin stuff. We talked about, you know, the
the spotless thing still on the AI coins, job reports, all that
good stuff. I thought the polymarket stuff
is insane, personally speaking. I shared it in the chat, but
obviously we covered it on the crib.
But so now they are making Coinbase hand over the data and
information of US customers that sent money to fund their
polymarket accounts. It's pretty intense, yeah, if
you ask me on that front. So they're really fully coming
after it. What do you guys think about
that? It's pretty intense.
It's pretty wild. It's intense.
It's. It's hardcore.
And I think, I think a lot of people funded their wallets that
way because it was easier because if to fund it on chain,
you had to go through a pretty painful process.
You had to Polygon, you had to make sure you had the Poly
token. So a lot of people just bypassed
that. But I mean, it's not great.
Yeah, it's, I don't know, it's it's pretty intense.
This Biden administration is really going all the way in
right till the last day we're. Just get them out.
It doesn't really matter. Oh, there he is.
On that note, before we get to a Robert loot box spins raffle
book replies. The code is NFPNFP.
Is the code Benny? You know, I, I figured it
smelled like bitching here too much, so I wanted to bring Benny
up on to give you to wake the people up.
Benny. Needs to wake up.
It's time. All of you are too bearish.
Do you see where I am? Look at this.
These are the boxes that I'm packing in my basement as I sell
my house and put it all into crypto.
OK. And you are all sitting there
like 20%. It's not a time to think about
percentages. It's a time to think about the
future. We aren't just going to 5
trillion. Where are we going?
Tell them for. We're going to a trillion, $100
trillion, a hundred. Trillion dollars.
You want to and you don't have to.
Believe me. That's fine.
You could stay poor the rest of your life, it's not my problem.
This is a once in a lifetime opportunity to get generational
wealth. All you have to do is put your
nuts on the table and believe in something instead of crying
about dips. This isn't how we go into a bull
market. We don't go half assed.
We don't we have to believe in something.
This is ridiculous. I mean, think about it.
Everybody's all scared, right? The sitting president of the
United States of America owns wrecked coin.
Does anybody understand this? He owned a meme coin.
He has his own coin. You think he's going to not
protect Polymarket? They roted him in.
This is guys. All bets are off the table.
Freedom. Freedom to transact, freedom to
buy, freedom to get watches, freedom to do anything.
All of you. Guess what?
All of you are getting girlfriends.
This is the cycle where you all get girlfriends.
It's time. It's time to get out of your
basement. It's time to believe in your
wallets. Go outside and smell the fresh
air and realize that this is the future and that's it.
That's it. I don't understand why
everybody's crying. I mean, the AI coin meta, the
meme coin meta, it's all there for us and you're all scared.
You're all like worried that we hit the top.
You know what anybody who thought we hit the top, I think
you should sell all your coins and I think you should leave
because you don't deserve this and that's it.
So stop with the bearish tones. If you want to be bearish, go to
a different market here. We're only bullish.
Does everybody understand, Tyler?
Do you understand what I'm saying?
That I'm right, That I'm right. We understand what I'm saying.
Yeah. So I'm, I'm all in, but I
appreciate the the pump up talk this morning.
I think a lot of folks need it. Oh, A.
Lot of folks worried. About it, I mean, think about
it. We have the banks, we have the
president, we have everybody on his committee who's pro crypto.
I mean, what, what? What more do we need?
Thank you. Yeah, that.
That's. It that's it, what more do we
need? What more do we need?
What more do? You think else you're just
scared. You're just scared, by the way,
before every bull market we have a pullback like this.
I want everybody to know this. This is where we, we, we, we
dust off the, the, the non believers right at the end.
You're not going to be here for 100 trillion.
Do you know who's going to be here?
The four people on the screen, Bob Lucas talked to him
yesterday. Permeable Raul, Raul, Raul, the
banana zone is real. If you guys don't open the
banana zone, you don't understand.
It's here. It's happening.
There we go, Benny. In the banana to be in the
banana zone. Benny is our very own crypto
Caesar Mando, did you get the memo?
Did you get the memo? I'm I'm all ended.
I might not have just been enough of the last of.
I'm so all in, I can't possibly need more all in.
I mean, I'm looking to like to like get a loan on my punk, all
my puppets on my Nakamoto card, all the apartment I don't own.
I. Mean we haven't we haven't even
started with ordinals like Udi's sitting there, he's just.
Looking no turn him off now. Can.
You get some joke before we leave him.
Like please, I love the. Boxes.
I love that he's. Really.
We said that we would sell our pups the next time it rallies.
Yeah, because the next time it rallies, they go to one BTC
floor. That's what you're not
understanding, $1 trillion. If we have to get to 100
trillion, Mando, think about the math.
Everything has to go up, right? Almost everything.
The 100 trillion 100 trillion 100.
Trillion. I want $100 trillion comments
right now in the goo in the YouTube 100.
Trillion is happening. I'm telling you right now, just
you mark my words, it's it's happening one.
One BTC floor and what's Bitcoin that what's Bitcoin at that
level like $1,000,000 No, I like 10 million so so it's one BTC
$10 million for one for one Bitcoin policy look.
I'm not saying that it can't stop it, OK?
I'm saying that let's, let's be honest, what's the market cap of
gold, right? For it to be equal?
I think it's about 750,000 BTC per right to be the same market
cap as gold, Tyler, you're math, right?
Something like that, let's say. So if that's the case, I don't
think it's crazy for us to get to like $500,000 per Bitcoin in
this cycle. Yeah, it's quite a lot less than
100 trillion, no. No, no 100 trillion for the
whole market. You mean you're 82, correct?
AI coin. Whole AI coin market cap is at
least going to be $25 trillion. There you go, and and and at
that price point ETH $3000 would that be?
Exactly, ETH is the only thing never going to.
Move half your. Feet Mandel.
You have to have some faith. Mandel.
Believe. Believe Mandel.
Besting in AI agent sports gambling right now I'm.
I am. Wait, what are you buying?
What are you buying? That one that's been killed in
our chat, the one that sounds like a.
Gamble. No, the other one.
That sounds really dodgy if you look at it quickly.
Which one? Predo, whatever that one is.
Oh, the P. I'm saying.
I'm not saying I'm not, I'm not saying it sounds like pedo coin.
Honestly, I, I what the fuck are you buying, Justin?
Bank of America says it no longer expects the Federal
Reserve to cut rates this year. So.
It's really over. This time it.
It you guys don't we we're guys you're not understanding it's.
It's over, guys. Happening.
It's all happening. For the for the puppets isn't
happening guys. No, it's going to happen, but
Bitcoin's going to be 10K. Guys, it's all you don't
understand. Oh my God, everybody is so
bearish that you're you're doing this.
All wrong. I am so bullish, but I literally
I can't be more bullish like I have every dollar I own is in
the market, everything, everything.
Bought. You bought the diamond before,
right? It's actually I got that from
family heirloom so I didn't even have to buy I.
Just wanted to make sure, OK? Yeah, I save money on.
That one, that one you save, I'm like.
More. Seriousness.
Like if you, if you, if you were ever going to believe in crypto,
this is it. I I don't know what else you
need to have. I agree with you.
I listen, we're going to go hire
everybody. Take the weekend to go, you
know, go work out. Go work, make some money, buy
your coins, have a good time. Let's get to the robot loose box
pins. Sims, I got a meeting in 2
minutes. Let's get let's get these loot
box pins. And Benny, stay with us.
Because I feel like today with the energy you brought,
someone's going to win a punk. I feel it.
I feel it too. I feel it as well.