Yo-yo, what up? What up?
Good morning. Good morning.
GMD Friday. Oh my God.
This week. This week just flew by.
Friday, May 9th, 2025. Look at that.
Another beautiful day to have a beautiful day.
I got my coast in the house. Tyler Mando, good morning.
How are you doing today? What a day.
I thought you had my best two days trading for a year.
Wow, Yeah, the it's this is it's one of those weeks, right Where
like you can catch your best. On the show, I was like, this is
the trade, no? Don't know the hat or another
one. Yeah, yeah, yeah, yeah.
It's. Oh, no, you're fine.
It's good. Sorry.
Vanessa's trying to wear the OT row radio hat.
I have one of those like 4 years ago.
What the fuck you are in this hat anyways?
I realized I'm the right one. It's memorabilia, OK?
It's memorabilia. OK.
We only have one of those. Like probably like there's like
10 in the world anyways. Yeah, man.
Pepe, 5 foot $3 billion. Listen, listen, listen, listen.
This show, you know, a lot of people left during this down
period and those who stayed give you a lot of good calls.
You know, I'm, I'm just going to put it that way.
You know, I'm just going to put it that way.
It's within the Pepe call or the mall call or the rack call.
I mean, we're cooking on fart coin.
We're I mean, it's, you know, we've in Solana itself.
I mean big, like, I don't know, man, I don't know what this
we're we're holding hands here, boys.
We, we need to put like a tipping jar.
You know, someone here for sure has made like, like someone in
there has probably made a couple $1,000,000 wants, you know, buy
the boys, buy the boys a couple Aquanauts, you know, I mean, I
don't know, I don't know. You know, someone's got to have
tailed anyways. Tyler, how you doing today?
I'm good. I'm wearing triple green green
hat, green shirts, green shorts to to commemorate this day.
This is wild, and I've been pretty much all in this market
really the whole time, but I still feel underexposed.
Like these? Candles are wild.
Yeah, they're crazy. I was just yeah, Mando that
we're talking about this like 3 as the show was starting, like
where do we what do I what am I meant to like take a bit off
like I just don't know, which is actually kind of what I want to
talk about today on the show later.
So when we're through market, let's actually talk about this,
right. A lot of people are wondering,
is this where I take off? Is this why I put more risk?
Am I waiting for a dip? But can you go higher that so
it's this weird period where it's like you're really happy
because everything's up a lot and then you think, hey, am I
missing on the next move or should I take off or should I do
nothing? So I think a lot of people in
this position today, I'm not going to including myself.
I'm like, holy shit, right. So it's it's definitely a good
thing to talk about. We'll go to Tyler's top 100.
I'm sure Tyler has a lot to talk about as well as yesterday was
news galore. Tyler, it was just boom, boom,
boom, boom. It was a lot.
So would be great for you to break it down for us.
We have the youth giveaway. I mean to we're at this stage
forget the minimum 500 bucks we've given away like at least
$1000 a day on the show. So you have to see love to see
that. So some lucky winner will come
in the coat today. We'll just give it right off the
bat is mog I'm hearing oh, I'm hearing as mog markets coming to
Marriott today. Is that what I'm hearing?
Is it today? I don't know.
Rumor has it. I mean rumor meaning Sims lady
posted it on the timeline, but I'm hearing myriad mug markets
coming so that'll be some fun ones.
And then last but not least, this show is powered by powered
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Shut the shut the Jazz yesterday came on the show Barrier Smart,
and it was a lot of fun to have her on.
Anyways, Mando, let's have this market conversation.
I think everybody's eager for it.
Can you dig it? Yeah, GM, everyone.
It is a bit of a wild day when risk happens in crypto.
It happens fast. The last couple of days, if
you've missed them, you know, it's kind of a whole year's
worth of price action or many, many months worth of price
action for some of these coins happen within the space of two
days. We saw the main mover has really
been ETH actually, I think that's the main change in majors
here and that is mainly US, the Petra upgrade.
So it feels as though because it's now gone deflationary
again, people have gotten very Bush again on ETH and was what
it was trading at 1400. Right now it's trading at 2300.
Yeah, kind of a wow, that in a month, right, Less than a month.
That was the oh, about a month ago, 1400.
Now it's 2003. And so a huge move that in in
ETH and mainly due to the fact that it's gone deflationary
after Petra, which has gotten people very, very bullish and
and that led to a bunch of ETH memes as well, just like
absolute people sending. Ribbing.
Big, big moves across the board in ETH memes, particularly Pepe,
but you had big moves in Mog and then yeah, just like every
single ETH meme had a massive move.
And then you started to see also some of the 2024 memes have big
moves as well. So Peanut up 90%, Moodang up
160%. Wait what?
I didn't see Moodang? Holy shit.
This tells you that risk taking is is starting to pick up.
It felt very grabby when I woke up this morning.
It was just like, buy whatever you can before the US gets in
and yeah, like very, very aggressive moves now across the
board in a, in a bunch of different coins.
So I don't, I don't know, like this sort of grabbiness.
I've learned to just like to, to fade myself when it feels like
that and be like, OK, maybe if everyone's grabbing, now is the
time. He's dying.
I had a very good couple of days.
So like I'm, I'm just kind of I had that Pepe move.
I'm kind of thinking about reducing it.
But I do think that ETH suddenly has got the narrative, which I
think is very, very interesting, very, very interesting.
And it's no longer the ETH rallies, the market pukes, it
feels like, which is a good, a good sign.
I don't know what we're going to see now.
Like it feels as though it feels as though if ETH really does go
here to like 3-4 K what what does that do for the other
coins? Would be an interesting one.
Like I don't know what that means for Solana.
I mean, Solana's clearly going with it do.
You know what I mean? Like, no, it would be.
It's going to be a very interesting month suddenly now,
but it definitely feels like ethol is alike.
This is our time. You know, this pectra upgrade,
it has has changed the dynamic of the of the chain and like, if
we're going to grab the narrative now, is it?
So I'm not going to I'm never going to say never.
Let's see what happens. Listen, just got to respect the
pump. Macro we have seen very little
we obviously the UK trade deal there was some talk about the US
reducing tariffs from 145% to 80%.
I don't think that's necessarily a great situation either.
So, and I don't know, stocks rallied a little bit, but not
that much for for crypto specific though there's been a
lot of like good institutional headlines over the last 24
hours. So you had matter potentially
looking at. That's crazy.
And that would be a very, very one of the, the only big mag 7
firms to kind of get involved here.
You had, I think Missouri passed a thing about crypto, crypto
gains being exempted, which I think was like a, a blue sign.
You saw Ripple SEC case being closed.
You saw yeah, I guess the coin based acquisition is quite a big
deal, but like the the big ones, I think was the meta one.
The only barest thing is that obviously the the stable coin
act didn't pass the Senate. And so something to be aware of
that like the, the politics of crypto is not, it's kind of
drifted back away from us, which isn't fantastic, but it feels as
though we're we're rallying on, I mean, Bitcoin, Bitcoin
dormance has gone down a little bit, but this feels like there
is very, it's very hard to paint a bear case for Bitcoin right
now with all of this, with all of this adoption.
It just feels slightly excessive in terms of risk taking.
This, this this first morning, that's all it is.
So on that, no, because I the misery stuff, the the meta stuff
and stuff I'm sure we'll get into with Tyler because I'm sure
you have like you're going to break us down all the topics and
I want to get into a bunch of them.
Tyler looks pumped. What's he benching at the
moment? It's so funny.
Yeah, I think all the boys are hitting the gym hard, but I
think all three of us, right. I doubled my intake 10 grams.
I thought it was going to bloat me.
I'm feeling jacked right now anyway, so we'll talk about that
later. You know, obviously not medical
advice, but before going there, because that's kind of like
selfish. Do you want to ask you?
But also I'm sure a lot of people feel that way.
So you have a few categories of people have people who miss the
move which are wondering if they should chase it, which probably
will. They are chasing it.
They are chasing it so but it so there's that there are people
who caught the move who wonder if they should add more risk or
go riskier. So they say they caught the move
and BCC sold and they won't go down to memes right further on
the risk curve. And then you have people who
just fool on caught the move and wondering when and if they
should cut it or some. So like, where are we now,
right? Like in terms of this move,
because this is a massive move. But when you zoom out of the
charts, I'll zoom out of the charts.
I'm like, whoa, am I really cutting this here?
Right, zoom out of the charts. So let's say you need some
memes, right? Let's say, let's take, let's
take like, let's take. But I wouldn't focus on the
memes right now. If you're really wondering
whereabouts, I'll focus on Bitcoin.
OK, so let's look at Bitcoin. Bitcoin hit that range, right?
It hit the top of that the range yesterday at one O 4.
So this is the range right now. The range was the this this
range the Darth Maul here that was one O 4 and 92 right.
So it reclaimed the range and it hit it.
You can tell it really rejected there not once, but twice.
So So what I would say is that, like what of what I just said is
do not look at a mean point chart and think that the market
owes you anything returning to all time high.
Look at where Bitcoin is. Bitcoin has had a decent bounce
back this morning. When I started to see peanut and
Moodang up like that, I started to think, you know, like that's
very grabby, like if somebody's being pitched peanut or
particularly peanut, because it feels as though like no one even
knew why that pumped, but that that that was almost like a mini
top when it rallied last time. You know, that's like the Oh my
God, we just need to buy anything and it will pump.
You know, that's like the drags of a pump, you know, when that
happens. And so that's why I was like,
OK, now is the time I've taken, I've taken profits in pretty
much everything that I own this morning.
I still own the the the the the the things that I still own.
Obviously apart from epic and and and wrecked mog I got back
in. I just feel as though I would
kill myself if mog if ETH goes to 3K here.
MOG double s again, yeah. There you go.
I caught my Pepe because it had been a really good trade and I
just felt like, you know, if it's up 40% from this show
yesterday, it was time to like take some profits and, and what
else have I still got? Like I've got smaller positions
in far coin, I've got smaller positions in Tau, but I have
taken I've taken profits across the board.
Part of that is just because I just wanted to lock in a really
good. Couple, have you taken levered
profits or have you taken spot profits because you you trade
both like you have your spot positions and you have your
levered positions? I've I've I've done a bit of
everything. I've also added a few shorts if
I'm honest. Yeah, trader.
Well, I just felt this morning like, if you want to trade
sentiment. Well, you're a trader, you.
You messaged me first thing being like oh I wish I'd 5X to
levered some position. And I was right.
He's not.
He's building. The bag in Sonic, no.
No, no, no. That's.
Not what I'm saying peanut, peanut has gone up 80%.
Moody's got 150. You know the feeling, right?
Those are the signals that I remember from previous times
where I'm like, just trade how you feel And if everyone is
desperately waking up trying to buy because they're like, oh,
I'm going to catch the the final bit.
I just feel like it's time for me to take.
So I don't care if it pumps a little bit more from here.
Normally when it gets to this sort of level it it at least
after a couple of days it calms down so.
I'm just. Going to chill.
I mean, for us with the peanut moves, looks like there's like
some weird stuff happening on exchange with like 700 dollars,
$1,000,000 worth of volume on there and bonkai longing it.
But a lot of them feel like there's there's a it's more just
catching up. Like what?
What is the pitch for Peanut? It is like there's a cabal
pumping it for. Higher level, right?
And that is always like the, that's like the peak.
You can never get that unless it's like peak frothiness.
I mean, the pitch for me, I caught the trade and I did
really well overnight. The pitch was this OK, like $866
million worth of sex volume, something's going on.
And then you have the bunk guy all of a sudden just talking
about it like the lows similar to when he longed far coin, you
know what I mean? That's the pitch.
I don't think it's like a chasing because there's not much
on chain. Like last night when I got into
the peanut trade, there was only $7,000,000 on decks volume and I
was 22. So people follow.
Bunkai is not big. They're not trading on exchange.
There's someone making it on sex to the tune of $900 million of
volume, right? That's different to me.
Don't you just it's more just like a narrative like you can,
you can pitch that narrative at many other times and it's
normally towards the top, right? Like, yeah, let's see, what
Mudang? Own this because we can pump it,
right? Yeah, Mudang's the same, right?
Look at this similar story. Has got a bit more of a genuine
community to it than peanut, right?
But peanut was like. Yeah, no.
I and then went to 2 billion. Yeah, they have a lot of all
these all of a sudden all their holder bases.
Like you could see it happen at the show guy, like someone did
the same shit. It seems like if you look at the
daily holder count on these, all of a sudden look at this like
Mudang, look at this, all this, look at this.
All of a sudden there's like a mega can green candle on the
Mudang daily holder account. Like a lot of people, I feel
we're trying to squeeze these coins.
You know what I mean? That's exactly what I'm saying,
yeah. It's just whale games.
You got to be careful if you're listening to this.
I'm just saying that when I see that, it rings alarm bells for
me rather than I want to get into that trade.
I think I, I thought OSF messaged me being like, you
should buy it and I bought it. But then this morning when it
was at 300 million, I was like, this feels like the moment
market turns, suddenly I was going to be like, oh crap.
I was the guy who who believed in the final theory.
Yeah, don't get caught holding in here.
You're saying when it could go down here before they even send
it back, right? It's all short squeezes.
Proves that it's probably towards the just a short term
like I'm I'm never going to be buried from crypto.
Obviously. I'm just saying that like I took
profits across the board today and we said on the show when me
and Tyler sat there when, when Bitcoin was at 78 K and said,
look, this is the time to buy. I'm saying I think this is the
time to maybe take some profits here.
OK, this man was called. You hurt him.
I feel like I agree and
disagree. So I I I agree with the your
sentiment on these like this meme coin overnight blow off
top. And I like my natural reaction
this morning was I got to enter some of these trades.
How did I miss all these trades? And that feels like the wrong
emotion objectively. And I feel like I'm seeing that
I think people are waking up and like, like, where do I jump in
here this morning? The answer probably is nowhere.
With that being said, I feel like my, my gut read on Bitcoin
is we, we probably see one more, we go one O 4, it comes back to
100K and then maybe we shoot all time in the next couple weeks.
And if that happens, then I think you got to throw out throw
out all the rules. I think it's just a question of
when do you think Bitcoin if when do you think Bitcoin can go
to all time high? Because if it passes one away, I
feel like everyone's coming off the sidelines and they're just
firing crypto risk. Yeah, M2 chart, the M2 charters
are saying it's soon. What's the M2 chart saying?
When is it? When is it happening?
I think we've got one more dip coming up and then it.
No, Mando makes a good point like when I even look at most of
the charts that I'm in like far coin, the cup handle broke cup
handle broke cup handle. I did it again, right.
It was perfect. By the way, clockwork we talked
about this thing in chat like when I saw Farquin go to
billion, I'm like, well, look, the handle forming it's going to
rage and into the 30% in a day. So that was a good catch and we
peaked out again 134 ish failed to break that probably handle
again, probably break again. So there's a lot of easy trade
setups. I fill this market right now.
I I know the stuff I buy as well, and the stuff I want to
buy too. So what, what, what's your next
move? Right?
So if you're if you're kind of advising people by NFA, all that
stuff, this just man those thing his you're talking your own like
what you're doing. So if you're in thing takes some
profits, then where do you put it back on?
When do you know to put it back on?
What's your next move? Like?
How do you play that? I I'll be honest and say I'm
buying eat beta, I'm buying Pepe, I'm buying mug.
I'm I might even buy eat. Wow.
Wow.
Like a few days ago you didn't want to talk about eat.
You guys this is like this is insane.
Trading. We caught some slack.
We caught some slack on the timeline for the other show with
Ovie the other day because we talked shit games he may have
bought him to eat. Luckily I caught the traaper via
Pepe and and mob right. I haven't been paying enough
attention. But like if if they can get
ultrasound money thing spun up here in terms of the narrative,
like I think I think that can run for a little bit.
So yeah, I'll be buying Ethan ETH beta on on a dip, yeah.
Interesting. You know another ETH beta?
Just flip Bitcoin. What?
He's he's back. Hold on.
We got to talk about this before we get the Tyler's top 100 here,
here we go. Here we go lads.
The. E the Bitcoin crypto punk ratio
is back in play with crypto punks at $105,000 per unit.
Crypto punk. Let's go he's let's go baby
Tyler. I mean dude, you must be your
fork right now. It's so funny because like I
love taking the side. It's right though, I've got more
Bitcoin exposure than punk exposure.
But it's just wild how fast this was.
I mean punks were sitting at like 75 K like a week ago.
It just goes to show you how fast these moves are.
And then like if you look at this board, I mean this is thin
and this is a a thin punks board.
So the ETH, they're not up that much, right, But in dollars
because of the ETH pump, they caught the bid, right?
Because in ETH it was like 3070. 30 Well the ETH was crashing.
I mean Manuel said ETH was 1460 a month ago.
So what happened was the punks floor was grinding up in ETH
terms but ETH was so. Bad What a move on ETH, eh it?
Just didn't matter for the for the price of punks in USD.
But then we, we just caught what a 40% move in ETH and I mean.
62% move in ETH since April 21st.
It's. Crazy, that's.
Too, which is not that long ago, 62%.
And then punks basically have held before, so they're not
dipping. I don't know, I feel like they
could go to 150 real quick. Yeah, man.
Are you buying a punk? You, you made a lot of money.
Just buy a punk store of value. Give it to your kids.
Yeah, I. You said you want to risk on
ETH, you know just saying besties.
Yeah, like NFT collections kind of held their flaws right, so.
They did like board Apes have put a strong floor like 1213.
Pudgy has put a strong floor like 911 Punk's around like 35
ish 36. So technically, Tyler, you're
back green on the punk, no. No, not quite.
Well I mean it depends. Like if I mine's a slightly
above 4 or. Something.
Yeah, it's true. You could sell around here.
You're probably 40. Like you're here.
I made. Like 110 so.
I'm yes, you're you're, you're even.
Yeah. Would you rather own Margo or a
punk? I mean, I already own a punk, so
I'll say MOG, but if I had to pick which of the two here,
that's what I'm. Talking about like, that's the
question. I'm well, if I have to pick one
and I'm trying to and I'm a trader short term, I'm picking
mog because it's much easier to trade a an ERC 20 by far.
Yeah, that's what I'm picking. What about you, Tyler?
Like I, I don't know if I if I have to trade, if you're give
me, you have two weeks to trade, you have to pick one and given
100K I'm going to have to pick the coin.
I think MUG probably outperforms on a short time.
Short term, yeah. Yeah.
But punks didn't dip as much as mug did during that downturn,
right? Like when it went from 1/5.
Liquid trade right? Like so you if you can't get out
of the SO. It's different.
Can I pose another question? What do you think about Solana?
Yeah. I mean I'm bullish as fuck but.
3K What do you think happens to salt?
It doesn't change. I I think this is the same story
like every coin came to kill ETH to kill soul and what now ETH is
the coming back to kill soul. You know, I mean like, it's
like. I would flip that on the other
way around. I think soul came to kill ETH.
Yeah, but then like during that period where sold was like
destroying ETH, it's like oh strong memes, oh BSc memes, oh
hyper liquid or this like how many times have you heard that
and it didn't happen the. Death of soul.
Oh, I'm just saying. That like.
It'd be very interesting market dynamic if if ETH now rallied
and what that would do to Seoul and Seoul like because Seoul has
the majority of the left curve gambling stuff as well, right?
Like but if if ETH memes run right and ETH NFTS run.
Well, I don't know. I don't know what you think,
Tyler, but there's some news too, like on the Lechner stuff,
like it's all Solana, man. That's where I was going to go.
So I think I think Seoul still performs very well in that
scenario. I would say my, my gut is it
probably runs one to one. Like I don't really have a read
on what would outperform necessarily, but go look at the
meme volumes and for kind of saying the link, like the
they're grinding back up. So like there's volume, there's
trading activity rising on Solana.
You've got like the one of the main narratives that was ETH was
tokenization is going to take place on ETH.
I'm not saying it's not, but a lot of these new players,
Lesnar's new company Super State, they're going to tokenize
stocks on Salana. Yeah.
And so you've got builders coming to Salana, the mean
volume is on Salana, and you've got these new corporate
treasuries spinning up. And I still like the Salana.
I think if ETH runs Mando, it's the situation Solana runs with.
It's not the other. It's not like one or the other.
I think it's gone so big that it's like and Seoul not or ETH
soul. What's that?
I'm definitely not as certain about that.
Definitely not. Interesting.
So you're saying you think it could be ETH runs while soul
like maybe like 180 or something?
I think there's there's a world here where that happens.
I'm not certain about anything. Like, yeah, the obvious thing
would be like, you know, if ETH runs and you know, a lot of beta
will run all that sort of stuff. But the pain could be that ETH
runs now and a lot of the left curve stuff or the big gains
that you see are in ETH means like let's say Pepe does another
2X. Let's say Mog makes a big move.
Let's say SPX makes a big move. And then Skull probably does
well but slightly underperforms even on the left curve stuff.
And then there's like this. Oh was this the wrong thing to
earn Kind of bad I I don't know but that I don't.
I'm definitely not certain that soul run, ETH runs, then soul
runs. I don't know, I'm liking alts
here too, man. Like, I don't know, like I
never, I never got out of a Sonic trade and it's looking
good again, like. It's like a really run, like
it's afraid. Well, a lot of alts are looking
good like if, what if Bitcoin does chill here like yesterday
night, Bitcoin kind of like stopped running.
I like I hit that one O 4 mark right at the top of range and it
stood there, which it is right now.
And the alts just kept going overnight and I woke up to the
same price of Bitcoin, but all my memes and alts up another 20
points. So there's also that
possibility, right. So I'm looking at this one,
which I still have a huge bag of.
Full disclosure, I'm looking at this as a naughty and I'm like
well if it finally breaks at $0.61, Sky's the limit.
Like hot air rises. On post the AirDrop that's
that's my general view on it. Yeah, And then this, Solana,
you're telling me this looks similar?
You break 180. You're there's so much room
here, right? I don't.
Know, I think I, I personally think that Solana looks
precarious. That's my gosh.
And I think that catch a lot of people out.
So if you think Solana looks precarious, do you feel the same
way about its main coins? That's why I took off my Falcon.
Interesting. I took off my fart coin.
I took off Pangu. Interesting.
Wow A. Few a few of them and I was
like, right, I'm going to buy. I want to eat and eat pizza
right now. Interesting.
So you didn't take the trades off fully, you just reallocate
it to another like you know what you're saying?
Like are people selling like table?
On on a bunch of those trades and the only ones I've kept on
are ETH trades and on dips now, because I also think the market
could could go a little bit lower here in general, like I
think, which takes everything lower.
And then on those dips, I'll be buying ETH.
I'll be buying ETH memes. Interesting.
Yeah. I guess one macro thing we
haven't talked about yet is we had the China U.S. trade talk
this weekend and if it the new surfaces that like not much
progress is made at all. I see that being kind of a sell
off. Yeah, yeah, yeah, I, I don't see
that anymore in the bad news. Like I seen the bad news gets
shit, you're right. It sells off for an hour, but I
think it often gets shaken off the same hour and then it's
comes back to surprise. Then good news is great news.
So I feel like we're in this market was like, bad news is OK
and good news is great. But maybe that's consensus now
because I was saying this like a month ago and I caught the
trade. Maybe now I'm the consensus guy,
so I don't know. We'll see where it's at.
What? Like it's not trading that well
suddenly. Yeah, I mean, you're, you kind
of topped it, you know? Thank you, man.
Though. Hey, by the way, you can, if you
guys want to blame someone, we've shifted the blame to the
parochers. You.
Showed us dude. Fuck you, motherfucker.
You on here saying yeah, we topped, I'm short.
Get the fuck out, man. What's going on?
What the fuck is going on? What the fuck is going on, man?
By the way, the code is mog raffle ball that XYZ.
If you want to win money on his this motherfucker's platform,
sign up you.com phone hours the code we.
Get man, you're. Founder, you've done like $100
million of volume on heat. I'm seeing, I'm seeing, I'm
seeing KVM dunking on people on the timeline.
I get it. I get it, man.
I get it, guys made it. I get it.
Okay, you're right though honestly good shout Mando and
thank you. Every day.
Can you imagine what that's like?
Can you imagine? I can't see.
The mood there, that man, yesterday, he was just like in a
massive mood because Bitcoin broke.
I was. Wondering how he's doing because
he hasn't been talking about trades at all.
He he took a week off trades because he he was travelling,
but in general I think he went out for dinner or something with
like a couple of traders and and then came back just kiss just so
annoyed because. Because everybody made a ton of
money. I had, I had 400 Bitcoin like
why didn't I keep it? Yeah, he saw he was probably a
little drunk too and he was like, fuck, man, I did the math
on the 400 Bitcoin. That's $40 million.
That's right, that's right. That's $40 million.
The proof is in the pudding. Hold your Bitcoin.
I I like I like have you guys been following?
I'll go to Utah in a minute, but have you guys been following P
OS arc on the timeline? Yeah.
Pio Vincenzo like strong just straight up BTC micro strategy
nothing else like do you guys think this is viable in 2025
Bitcoin price at 100K do you guys think just accumulated
Bitcoin beats the market in five years yeah I think nothing else
you know a lot to buy mug you know what Bitcoin.
It's nothing for me, but I think it's from like 90% of people,
yeah. What?
What was the question? Just Bitcoin next five years
does it beat you're not allowed to trade yeah you you're just
allowed to DCA Bitcoin you're not allowed to sell it you don't
have to do anything you just have to DCA Bitcoin and.
That's been the the trade for the last. 15 years, yeah, that's
right. But The thing is like if, if
you've got, if you show up because you like this game and
you've got a 10K bankroll, I think you have to go further out
the risk curve if you want to try to get into position to, to
ever own a whole Bitcoin, right? So like DCA do all that.
But I think there's there's reasons why we we show up and
play, yeah, without the risk curve.
Yep Yep, Yep, Yep, Yep, Yep absolute fucking lutely, and we
love the game. Speaking of the game, Tyler, see
what you got for us today, Ford Really NFT and crypto analysis
Tyler T on FOMO our calls the kids.
Can yeah, folks, crypto major is very green this morning.
Bitcoin at 3 percent 1026 ETH up 15 percent 2300 leading the way.
We saw several alts ina unity OP hype up 15 to 20%.
Standard Chartered. They came out and apologized.
We said. They said we're sorry, our
targets aren't high enough. They had to raise their Bitcoin
predictions suggesting 120K for Q2 might be too conservative.
That was a fun one. We had some big news yesterday
on a lot of fronts. So the OCC came out and said
that regulated national banks in the US can buy, sell, custody,
and outsource crypto services for their customers.
So that was a huge one. We talked about Coinbase
yesterday, but that was an all time high M&A for DARE, but $2.9
billion we saw Robert Lesnar Super State announced they're
expanding in the tokenized US equities.
They're going to start with sole strategies as their first
offering as they actually operationalize this.
We saw Ramp say they're going to introduce the industry's first
stablecoin backed corporate cards in partnership with
Stripe. Rumble announced plans to launch
a non custodial Bitcoin and stablecoin wallet in Q3.
Missouri became the first state to make crypto capital gains tax
free in that state. So a slew of positive headlines
there, a couple of negative ones.
Coinbase, they did miss a bit on, on some of their earnings
yesterday. I, I think the, the stock was
down. I have to check out here this
morning. The Genius Act failed to pass
that vote yesterday. Some concerns around Trump's
ties. I guess they also the bill was
changed in the last week. So like there was some thought
around that not enough time to review it so that the Genius Act
did not get through. I always saw the SEC and Ripple
agree on a $50 million settlement and then Celsius CEO
or former CEO Alex Mashinsky sentenced to 25 years in prison
in token AirDrop and protocol news boob.
Oh no, they changed their air drop mechanics.
They saw that most Creator air drops to 50% boop down 40% on
the day. The market did not like that
change. On a lighter note, Wreck brands
and now it's another wreck token buy back baby to the tune of
$100. Market like that quite a bit.
That wreck token is up a lucky Poly market better.
I don't know if you saw this, he hit 101 on the new Pope being
Robert Francis Prevost from Chicago hometown Chicago Pope
baby. The city was electric on this
news yesterday and this guy made like $60,000 on the bet.
So nice little bet if he doesn't get excommunicated for having
done that. And then the doodles token food
went live this morning. It opened around 100 million or
so. Looks like it's closer to 60
million right now in AI memes NM TS rounding.
This town, Hold on, hold on, hold on.
You don't get to just go past that.
What do you say? Like you didn't just pull that
it should blow into 300 million. Yeah, I I was off, I was off on
my dude prediction higher than this.
I really did. I think we said 100 million.
That would be like a where it might settle day one.
I thought it would at least have a run higher than this and it
really didn't. So it's at 73,000,000 FTV.
Did you also see the the The Phantoms post yesterday?
But they're not. About the doodles launch so it's
funny because in Farsi doodle means you know doodle, you know
like person's in here means like it means like a like a Dick, you
know and and they posted this phantom.
I don't know, am I the only one seeing this right like mad all
right? Am I wrong for this like I?
Mean it's their ghost, but. It's their ghost but looks like
a. I would not, I never would have
put this together, if I'm being honest, without you having.
But how am I the only one seeing this?
Like am I the only one with Dick here?
Like don't you ever look down and look at this and like, yo,
that's looks the same thing like like, I don't know, but like
Amanda, are you seeing the screen?
Like am I wrong here? I mean.
I think you're right. I think you're 100% right.
I I don't know. I'm so immature.
I'm sorry. Anyways, we stopped Tyler doing
his his rundown. Keep going, Tyler.
Sorry. That's right.
AI market cap up 15%, back over 10 billions at 10.7.
A lot of those, those AI leaders were up 20 to 30% on the day.
So that the memes, it was memes, it was those AI tokens as well.
We talked about those OG memes. Mudang up 150%, Peanut up 80%,
FLOG up 60%. So there's huge runs there.
The leaders were up about 10 to 20%.
Pepe outperformed, up 40%. That NEAT token is hanging
around. Not a whole lot of action from
that new meme class, the 2025 class, and Salon.
In fact, most were red on the day.
Except Neat. Neat was a winner of those Hypeo
babies and NFTS. Those were up 50%.
And then Julian Hogan shout the Hip went from doodles to being
the CEO of Rolling Stone. Saw that?
So that was nice to have mine for.
Him big upgrade that's for sure so look a lot going on.
That's actually pretty cool. Hey, he was still a billboard
before then. He went to doodles, then went
back and scored a job at an even better magazine.
It looks for Rolling Stone. So.
He did some cool stuff at Doodles.
I feel like it was a little underappreciated.
Also felt like he was kind of overqualified for that.
Job I agree I didn't like the message when they said that
doodles the move on from the corporate that I felt like a
stop to him when he moved like that message and.
He got he got a Farella makeup movie for.
That he, he did a lot like he actually he saved the project
during the bear market. He he held it down, you know,
not take anything away from that from the other like people like
Austin that work fucking asses off shot Austin Hurwitz, stuff
like that that never gave up. But I'm just saying like he was
a good CEO in bear market and Dudo's one of the most hated
projects, right, in terms of NF TS like receiving a lot of
backlash and he he really held it down pretty well.
So shout out to Julian. Congratulations on the new
position. I think it's it's awesome.
Anyways, Tyler, where should we even start?
I mean, I kind of want to talk with the Robert Lesnar news
because it kind of talk it, it taps into what Mando was saying
about Solana, but also this like block works activity stuff that
you sent me in the chat. So why don't we just start
there? So Lechner is a fucking legend,
man. So what is he up to right now?
Yeah, So he launched Super State and they're moving into stock
tokenization, new blockchain based marketplace for public
equities. It's going to be first available
on Solana. It's called Opening Bell.
It will. It was unveiled on Wednesday
again allowing companies to create tokenized versions of SEC
registered stock shares and then trade directly on the
blockchain. Supports real time around the
clock trading and programmable securities.
So that's going to be an interesting aspect to dive into
here. Targets are already available
public firms. It looks like they're also going
to go into late stage private companies seeking access to
liquidity. And again, sole strategies is
going to be the first issuer on the platform less in their stock
for on chain trading pending regulatory approval.
So they still have to get that approval, but that is coming.
And I think people are excited about this, like everyone's kind
of spent this local bear market. Complaining about the lack of
use cases for crypto. Yeah.
There's nothing new. Here's a big new thing to do,
huge stock trading around the clock and perhaps in a
programmable way. I think it's.
But see that's happening on Solana like that's the thing
like like to what you're saying Mando earlier, That's why we're
bringing it back to this. Like this is like this is going
to be all in Solana and sort of activity.
You know what I mean? Like the whole like.
But did that save Eve? Eve was like that.
I've become a big bigger believer in what we were just
talking about before, which is that the XRP trades at crazy
level versus utility, right? It just trades.
Oh. Yeah, it just makes no sense,
Yeah. People believe it's a currency.
I kind of feel like with the ultrasound money narrative with
EVE, it may have got back the currency narrative, which I
think is actually a much more powerful narrative when it comes
to the L1 tokens. So if it was based on activity,
Solana should be trading at like more than all the other chains
probably combined. I mean, this is the activity,
right? It's still up a lot, like it's
still high. Yeah, I'm just saying that like
the actual value of an L1, I think it's based on two things.
Number one, it being viewed as a a way for you to gamble.
So like basically a currency for E Jenning of which Solana has
and the second one is as almost like a store of value slash
currency that you might own for a long time.
I don't know if Solana's got that.
I feel like at the moment it's got the real like utility gamble
token aspect and ETH for a while had the aspect of like never
sell each, you know, because it's going to be the best
currency forever. And you've seen whispers of that
come back a little bit. So, so that's why, that's why I
think that's a powerful narrative rather than because
Salon doesn't have that maybe it like inflates about four or 5% a
year at the moment. Interesting.
Yeah. I mean, I saw your your stat,
Tyler. Anything you wanted to bring up
on that activity board or? Yeah.
Just take a look at that pump fund revenue.
I feel like that's an interesting gauge market
sentiment. Yeah, if you Scroll down, like
about halfway down, keep going. Pump farm.
Yeah, there it is on the right. Wow.
OK. It's back up a lot.
It's like clear, clear bottom there the whole month of March
kind of grinding up in April and they're back over 2 million a
day up 100% off the bottom. So like the, the animal spirits
are are back, are coming back, the the Deejuns are active over
there. So I think it's just this is an
interesting indicator, something to be aware of I think when
you're taking like a broader picture of the market and and
what people are doing. Speaking of which, Cookie Dog
fun $11 billion AI market cap. That's a big comeback, boys.
It is. It's a.
Huge comeback here. Comeback.
Virtuals is leading the way. Virtuals was up like 50% at one
point yesterday. We've got that Virgin Points
program their their community won't shut up about it.
I haven't seen anyone talk about the actual tokens they're
launching. They're they're getting, but via
this program, they're all getting these super cheap
entries to these new token launches and they're all
printing. So they're going to.
It's a nice little flywheel for that virtual token.
Still no Coinbase love on that one.
AI16Z shout out to Ovie. He he stayed with it.
It's up, up nicely off the bottom.
I mean, it's it's nowhere near virtual.
I mean, virtual is well over a billion.
Another perfect cup and handle that just broke out.
Yeah. And so this went to four, I
think at peak, right 4. Dollars four, yeah, that'll go
back to four with far coin all time high as well.
They're both running in back AXBT.
Should we talk about AXBT? Because remember that on the
show last week Randall was saying, well, that's another one
It cut, it handled and it could break out.
Like it's still top of mind share guys and you don't want
another one I want to give a shout out to.
I've never owned it and never traded that Eva thing.
That shit has been fucking strong.
It's in all my mentions and I thought there was some news
around Eva Labs yesterday. They're doing a little, we're
doing a little pre sale for a new agent related to the
ecosystem. There was something that you cut
a deal with somewhere. Our listeners, you got a 48 hour
pre sale, so I'm going to let you go find.
Them interesting. No, there was something though
there was a news something that they did.
There's some, Oh yeah, the the Mir AI.
Wait, is that the one that we signed up to the other day?
I'll give you my Rev code. Tyler, did you use it?
You're you're, you're thinking of that agent that you reply.
Never mind, never mind. I'm not involved in this
presale. I don't have anything.
I signed up to the wrong thing, clearly, but there was
something. I don't know then honestly, like
I've been kind of unplugged from the Daily News from some of the
crypto AI projects. But this is impressive man like.
If you're if you're unplugged, that means the whole market is
unplugged, just to let you know. Yeah, everyone for the daily
market, you did. I don't understand, so you were
the most plugged in AI guy during the entire downtrend,
reminding us of the price of AI16Z every day and you're
unplugged now? I mean, I've only got so much.
Time. And mental compassion.
Yeah, no, but I still use your board.
I mean this. Is I mean when the bubble burst
it all kind of it kind of like burst it.
Like. All of it for me like.
Yeah. And we didn't.
We weren't really seeing a whole lot of innovation, still a whole
lot of the same stuff like are we really just going to run our
AI agents? Back How's this dog shit doing?
Because it's all the same stuff like we have like other than it
must not even pump on that much is prompt is like is doing OK,
but like it's it's like the actually most innovative new
crypto AI. Launcher, How is 0?
How is 0 still worth $47 million?
That's what I'm pretty sure there's an article.
Wrecked at the moment. I think there's an article, SF
Standard Zero Bro, about the fake death, by the way.
Yeah, yeah, here, the San Francisco Standard, a crypto
founder, faked his death. We found him alive at his dad's
house. It's messy.
So follow up on that. That's a nice photo though, not
a lie. So there's some closure y'all?
Well, days away from his 23rd birthday, too.
John. Happy birthday on that, Tyler.
I mean, yeah, you're right. This is moving.
So yeah, wow, we'll see. It looks like it's all the same
stuff that's going to move again guys the the market.
Showed it's all the old same stuff.
Dark coins, Virtual ICS BT5 Yeah, goat Fucking goat is back
to 100. Mil goat's back.
Fucking hate that coin. I hope it never comes back.
You just bury it. Fucking Andy Ray.
Ray my ass. Anyways, I'm so glad that they
sold all their fart coin. That's so amazing.
Oh my God. Anyways, OTC to win a mute yeah
even better. Anyways this this this so make
time for negativity and and fake narratives such as goat, because
we know Farkon was always the main narrative it that's the
funniest thing for me. That's the biggest psyop that.
Was the biggest psyop. That's Farkon without goat, my
friend. Brother the the the AI picked
Farkon and then it made some cabal, created the goat token
and decided that they were going to go with that and.
That complete cap. No, the Truth Terminal never had
more than like $1,000,000 worth of goat at a time, but had like
$30 million worth of far coin, you know, Yeah.
Yeah, but that's, I mean, goat was definitely the first coin
here, right? No, it picked far coin as the
best meme. No, no, you're missing it.
You're missing what actually happened.
Now you're doing it again, man, though, you're doing it.
You're the one doing it wrong for sure.
And even over you capitulate it and admit it.
I'm not saying I'm not saying that Falcon hasn't destroyed
GOAT. What I'm trying to say is what?
You I know is. Definitely not what happened.
I will die on this hill. OK.
Fuck the goat token. Maybe we have to have some
respect for for giving us the best main point of all time.
So no, not the goat token. The Truth Terminal did that.
Yeah, it's the same thing. But it's not the truth.
Terminal's real token was far coin, but then there was a psyop
led by like. Terminal never never came up
with far coin. It was the other AI in the in in
the infinite back in the terminal.
Right. But that was the original,
right? Right, but Truth Terminal never
came up with it. Truth Terminal asked another AI.
Can you make up some meme coins for me?
And one of them was far coin. Right.
So that's why I said that your story there is not not actually
what happened, because it wasn't created by Eternal, it was
created by another. AI, my story made me a little
skewed by my personal hatred for it.
Yeah. Yeah.
OK. Gary Sr. saying Mando's correct.
Fuck you, Gary. You don't need this comment.
Yeah, I don't. This this is a good day for your
boy. All right?
I don't need this shit right now.
I don't need this right now. Playing, Of course.
How's our pops doing? I'm not.
I'm just going to fight it to 0 now, you know?
Yeah, none of. You none of you saw a fart coin.
You have to fight it. It's.
Actually different. It's not correct.
And now he's going to start buying goat again.
He's going to get threat guy fucking back on stream and then
go every day. Me and fat guy going back, you
know, yeah. I can't wait to see the stream.
You know now the markets are back.
I can't wait to see the fucking Mando and threat guy stream
telling you to buy goat right I I just can't wait for those to
come back. Speaking of pups, it's up 32%
today, Tyler, so reminder to sell soon and with this time we
will sell. What else do you have?
There was a lot of news yesterday.
I think the OCC news was big or I think we they they telegraphed
this was coming, but now it's like official that banks are
going to be able to buy sell wow city crypto.
And I think this is, it's timely on the same day as Coinbase had
their, their earnings, right? And I think it's kind of coming
in, it's calling into question some of Coinbase's use cases
here, right? Like for me personally, if I can
hold Bitcoin in Coinbase or at JP Morgan Chase, I'm going to,
I'm going to hold it at JP Morgan Chase.
I think it kind of loses kind of a core part of its business
there. And then if you can trade with
the banks too, like what do we even need central exchanges for?
It's maybe they'll have limited exposure, but like that's,
that's what we're trading on chain.
You trade on chain to get your, your first cut at the tokens
before they go to the, the larger exchanges, right?
So if the banks are going to eat the sex game.
Yeah, good question. They won't have perps, but
Coinbase is lagging in perps. I guess that's why they acquired
Derabit. I guess The thing is like
there's even less layer of trust with banks and sexes.
Like, I feel like it's deck sex, bank, you know?
The little LA vape ball meme. I struggled to see the Coinbase
ball. Case.
Wait, what's that? What?
What meme are you buying? No, I just did just a little
meme for the timeline. What did you post, Mandel?
What are you? What is Mandel posting?
Hey, I do. Well done.
To be fair, Razmer bought him fart coin with that video.
He stayed around. Yeah, respect.
I put some respect on Razmer's name.
For I have to say, Razmer's video of fart coin was fucking
funny, man. Oh, man, That was like, so who's
who here? Oh.
Gosh. You can decide.
He's sorry. God damn it quickly.
I know we're almost out of time. Boop did one of the most biggest
cell phones we've seen in quite some time.
You know that. Cue the meme, the Breaking Bad
meme. We had a good thing going.
We had a good going Boop. We just couldn't just let it
play it out. But you had you had to come in
and shake things up and I've never seen a protocol change
AirDrop rules middle of the game when half of the people had
already been paid out. Yeah, people did not like that,
right? So what's up with Boot now?
So the incentive to launch a token was you were going to get
100, you were going to get this pretty large AirDrop, right?
It was in tears based on mindshare on the Kaido meme coin
board. So folks like these had like
700,000 tokens. I think if you're a Tier 2, you
had 400,000, so on and so forth. There's some DMS circulating on
Twitter this week. There was some services who were
coming up to these creators Kols and saying, hey, we'll, we'll
briefly meb your token up to the threshold.
You need to get all your tokens today for a fee.
People started publishing their DMS boop takes so.
I suppose this is not related to Boop's team.
Boop reacted to this. Yeah, So Boop in reaction said,
OK, you can't do this anymore. For one, you have to make the
threshold for a certain period of time.
And then two, hey, you're not going to get all your air drop
anymore. You're going to get 50% of it
now. So if you were getting 400,000
before, now you're only going to get 200,000.
The other 200,000 are going to your token holders, which is a
fine. The thing is like, that's fine.
Like, I would say that that's a great way to have run the
program. The problem is they changed in
the middle of the game, you know, after people already took
actions under a certain period of rules and incentives.
Now it all changed. And then the people who actually
did use this service, they already got their tokens and
sold them. So like they it doesn't impact
them at all. Don't hate the player.
And then I mean Dupus $0.27 yesterday, now it's wow.
So they lost 100. Did you guys launch your coins?
No. Tyler, I thought you were going
to launch one. I did, yeah.
Wait, you did? Yeah, it didn't publicly talk
about it. There's no reason to.
You lost a sick coin. What were you buying?
I. Mean 10 days.
Ago. I'm kidding, I'm kidding.
But are you getting an AirDrop? So wait, does that mean your
AirDrop is slashed in half now? Yes, and that's fucking bullshit
though, because you and now the token value is on 40%.
So I'm, I'm like 75%. That's.
I don't want to be the guy who's complaining about free money.
Of course, it's a nice. Area No, I know, but it kind of
like you're you're not getting what like you took the risk
technically to. I'm not saying it's going to be
it's bad for your name because you're not promoting whatever.
I'm the I'm the one fucking with you.
But let's say you took the risk of launching something under
your name, your wallet on chain for an air draw because you were
promised something and now the rules change on you after the
fact. So shouldn't it be honored for
the people before? That's not a?
Cleaner way. A cleaner way to do it would
have been to say OK, we're if you haven't launched A token,
these are the new rules. Yeah, and if you've launched A
token, here's your full allocation.
Yeah, yeah. And and then I think everyone's
fine with it. Yeah, yeah.
Fair, fair, fair. All right, what else?
I know we got to get to our giveaway here.
Was there anything else? Wreck buybacks, baby.
Dude again. Letting on himself love Ovie had
the big week sold out the drinks so can buy back market like the
token looks good. He's got a lot going on, man.
Like he literally gave us the timeline.
Obviously he hit everything that was on it, but there's a lot
going on for, right? There's something else happening
this month, it says and May, there's another May, there's a
June. So it's looks like a it's
looking good. My rect is definitely looking
very, very nice. Very nice.
I like. It feels like it's a matter of
how fast he can scale up these new flavors because there's
much. I mean, you know that he's
trying to beat Red Bull, so that means a million cans.
He's only 44% there, meaning that he has to sells another
66140 thousand cans. He averages about 225,000 cans
per sale, meaning he's going to have at least three more sales
to meet Red Bulls. That means there's a lot more
coming to the end of the year if you do the math.
I think he could have sold 1,000,000 abstract apple cans.
Or maybe half a half million. But yeah, you're right.
But clearly that means he's got a lot of sales coming.
If he's trying to beat Red Bull, he needs three more of these.
Two more, 2-3 more. Yeah, what's going, man?
Well. Emmas doesn't just have to be
drops if you're actually reading between the lives that they're
working with distribution parts. Yeah, he's been talking exactly
stores distribution. Like he talks a lot about the
Pudgy Penguins play. What did Pudgy do?
Walmart. So what's the Walmart of wreck?
This could be like, I don't know, fucking Boots type shit
like in the UK or whatever. Where do you want your drinks?
Is it? It's probably not like.
Gas stations, probably. Yeah.
So it's. Mando knows something.
Well, he's literally tweeting about it on the timeline.
He's hinting that there's going to be some stuff around that,
No? No, no, no, no, no.
You know something more than we do.
Well, obviously it's your company too, but.
People are mentioning in the comments already.
Where wrecked F1 team 711 wrecked F1 team?
I don't know, look. 711, yeah. I'm, I think he's going to write
about it soon. Listen, I'm an advisor.
I have some stuff. I got my wrecked.
I'm good. I got the top 20 hold wrecked
holder, I think, or top 25. I'm, I'm comfortable.
Maybe. Yeah, ALDI.
We need ALDI and Portugal. You know, put some fucking
wrecked in ALDI would be nice. Anyways, is that what you do?
Your groceries? ALDI Mando.
I like ALDI. No.
Oh. Damn, see you're not native bro.
You got to be Portuguese you know.
Did you guys know Portugal Water $0.25?
ALDI is not Portuguese, just to be clear.
Can I just make things up? The big The big local support
here is Pinko Dodge. All right, listen, I got to go
pack some more boxes, OK? And I got to go pay for freight
and everything. I'm getting ready to get the
fuck out of here. I'm basically Mando trying to
move even faster and earlier. So anyways.