Yo-yo, what up? What up?
Good morning, Good morning, GMG. Not Monday, Tuesday, Tuesday,
May 142024444444. Look at that.
Another beautiful day to have a beautiful day.
I got my Co hosts in the house. Well a lot of Co hosts today.
Well look at that and you face OSF.
Mando, Tyler, how you guys doing this morning?
Good morning, boys. Good morning.
Look at that. Look at that.
Life is good, man. It's good to have Tyler on Stop
taking our our listeners away from us, you know.
I mean, just so excited when we guys.
Yeah, just so excited to be here, join you guys.
Just you know absolute top tier morning show, best in the biz.
This is just this is good as a gift.
So I'm on Cloud 9 today. I can't wait to start chopping
up with you guys. Hell yeah, dude, it's an honor
to have you. Yeah, Mando like Mando said.
Dude, we're like, fuck man, we got nifty portals until like 10.
We got, we're just at 10:30 to give it a 30 minute breather for
people to go to the restroom and between to show and Tyler he
goes bang, I'm a host. My show at 10:00 AM.
Fuck rug radio. Well, you know what we're like.
You know what? Well, no, fuck you.
You ain't gonna join. I'm kidding.
It's definitely not how things happen in the back, but it's
actually all been love in the back since day one.
Listen, personally speaking, been a fan of of Tyler for a
while. I know OV and Mando are as well.
I mean, Mando has his minutes, you have your minutes.
I know you know a lot of it. You guys probably at work, you
know back and forth already between each other's minutes
every morning. We're big fans of you know
creators of rec radio. We always wanted to to to
expand, to grow and to have more people on board.
So it's really awesome to be able to work with you and Lucky
Trader and have and and form one big show.
Tyler, I think it's going. To be good, yeah, it's going to
be great. And I mean, I had to give a
shout out to Mando. I think he was the first person
I saw that, that did the recap, the minutes in the NFT and
crypto space, and he was my inspiration that he was the
reason why I started doing it. So, you know, it's really.
Back in the day. Yeah, you were doing it back in
2021. Which recaps.
There's there's NFT ones like what happened to the NFTS today,
Ragney News. Wait, I don't.
Remember that. I used to do it after work.
I used to get back from work and I used to write out a daily
summary of what happened in the NFT space.
Was it pre full strog radio like our morning show pre pre.
Damn, I don't remember that at all.
It's a long time ago. Wow, used.
To used to get a decent amount of yeah, like at the time, man,
like people. NFTS was like the thing, right?
Like everyone was just desperate for NFT news and also like a lot
of the tracking stuff was still really poor.
Like Zeneca had that floor thing for a while, but other than that
it was like a disaster trying to keep track of stuff.
So. Which, by the way, you brought
that back with Fantasy Top. You'd love to see it.
Yeah, you did. Yeah.
But yeah, I did that for a while.
Then I stopped actually, when I started doing the show.
And then I only started doing the minutes last August.
Yeah, Because I still think, yeah, the NFT stuff, it was more
like keeping up with the whole space.
Like it was just so tough. Still, it still is like even
when I do it now, like I know I miss stuff.
There's so much stuff happening now because we're in a bull
market that you need to go through a deep dive and I'm, I'm
more like an aggregator now. So like Tyler's Tyler is the man
when it comes to NFT stuff like NFT Stats, Sam's taking a bit of
a backseat more recently. No fantasy.
Top motherfuckers.
Back now, You know now. You own his card.
Now you own his card. He's working for his card
holders. He's doing his thing over at
Meme Land, and yeah, I think we're going to be a nice
complimentary fit. Mando, I think you covered like
the macro stuff so well and like you get into the NFTS meme coins
and then I'm a little bit deeper in like some of the protocols
like flash farming stuff, you know, a little bit more into
some of the NFT details. So it should be able to kind of
cover the full spectrum. Dude it's gonna be I I'm telling
you guys this show is going to be the one stop shop for
everything. I mean Tyler you do what I love
is you get into the deeper even to the NFT eco blast like you
said farming points. I mean everybody was everybody
quote tweeted your tweet yesterday about Fantasy top and
the the volume they're doing right.
So this morning, every morning I wake up and I'm like, I'm like
sending the boys in the group chat already, like a tweet.
You've read like it's like I was already, you know, doing that.
So I think, I think it's going to add a lot of value to
everybody. So everybody, if you're on
YouTube, Finance, Live, any platform you listen to us on.
If you're on X, whatever, make sure, I mean, you probably
already followed Tyler, but make sure you follow Tyler.
Make sure you follow Tyler. under score did under score it
because Tyler did that, OK, he did that.
And now we're doing it together, and it's going to be a lot of
fun. Which by the way, like for what
it's worth, you're going to keep going with Lucky D Lucky Lead,
right from what we were talking about last night, but just
slightly different time and days, right?
Yeah, that's the plan. So we're going to push back an
hour. So we're going to run after this
and I think you know this show is going to be, you know it's
going to be us talking through the the big stories.
I think my vision for Lucky Lead will be a little bit more talk
radio. So we'll have like the listeners
feel free to join the stage, join the conversation and
perhaps go just a little bit longer to get more opinion type
stuff. So we're going to figure it out,
but excited to keep keep running with both.
Hell yeah. Hell yeah.
So if your listener luckily, don't worry they're still around
and give me some cool stuff. And if you if you listen to
FOMO, our 10:00 AM Eastern Standard Time is gonna be that
time moving forward. I mean I know it was last week I
wasn't around, but I'm back and and let's fucking get that man,
oh man, I I miss you guys. That right.
I'm on the other side of the world for like, you know for for
a week. It feels like I was on the other
side of the world for a whole month.
I mean, I missed so much stuff. It seems.
I missed the banana zone. I'm on the explanation what the
fuck that means? I'm gonna.
I missed. I missed the whole Fantasy Top
tournament being cut one day and now new heroes, old heroes, some
people happy, some people unhappy.
We're gonna have to talk about all that.
I know it's tournament number three or four to it's the
tournament today. I missed.
I mean the market seemingly everybody's bearish now.
So there's only like 3 bears left.
Actually four we're on this stage.
And then four bulls left. Sorry, four bulls left.
Not bears. Oh my God.
It's a bit of tongue that and it seems like I've missed a lot.
I'm back here and this is what's up.
But you know what I did not miss is those new logos that we have
on the top right of our screen. Because this show, Oh yeah, it's
no partner with Moonpay. Hell yeah.
You know, we love, I love my crypto dad, AKA Keith Grossman
over at Moonpay, But big fan of what they've built, big fan of
Ivan, the founder of what they're doing.
So if you want to buy and sell crypto with PayPal, make sure
you download the Moonpay app. It's available on everything.
It's about everywhere. I mean, you cannot possibly be
in crypto and not see a Moon Pay logo somewhere.
They are all over the place. You had Keith come on the show 2
weeks ago to talk about the news with PayPal, which we
organically like. That's the way we we already
cover like everything they do in a way because it's pretty big.
So. So here it is.
When I partner with Moon Pay, I went to Keith.
I went to see Keith in New York during the Louis Vuitton thing I
had. I had.
I made sure I made sure I put an hour meeting with someone like,
listen, Keith, we've been together three years.
Can't get you guys a show partner.
It's time and you know, OK, that fee is not how it went.
But but super happy about the Moon Pay partnership.
We love them at Raw radio and and I know they love us back,
which is awesome 'cause they did sponsor our last show anyways.
Last but not least, today on the show, who do I have today?
Oh my God, I'm all over the place.
I'm dying of heat. It's hot in Montreal now.
Jesus, stay on the show. So daily market report as usual
crypto macro and all that stuff. I mean look I don't know about
you guys Mando Ovi I need you guys to to to to save this
market. I come back I check pass bad
price but everybody is bearish and my my favorite bulls are
bearish. Everyone's bearish.
There's only like big thick bull and base carbon and us left like
everybody else is like bear posting Wizard of Souls said the
bear market started two months ago and and all that.
And on the macro side, I mean the most insane stuff that's
going on right now, we're so back with AMC and GME, all the
halts, the funds getting busted up again, this and that.
So there's a bunch of stuff. Robin Hood once again removing
the buy button. You hate to see that.
I know one market that never closes.
And then we'll talk about this at depth, because we have our
favorite tart 5 Bros here, OV and Mando.
And I need the TLDR. Odds, memes, and dreams.
I mean odds, memes and dreams. Who better than Tyler did it
himself, the man in the flesh, to talk to us?
But what the hell is going on across the board with fantasy
top blast, with memes and NFTS and all that good stuff?
You know Pepe is going berserk. I mean, damn, a year ago when we
were talking about Pepe going to 5 billion on this show, OV and
Mando, people were tweeting at us saying that we're idiots and
that we're crazy. Reno looks so stupid now, huh?
So you love to see that epic? Oh my God, it's in my topic.
It's launching a new reward system.
Look at that, man. Dude, I love to see that.
One thing's for sure, no matter the price.
I know you did it. It's Sims that does it.
Then one thing's for sure, no matter the price, you're still
the hardest working meme coin. Dave.
Encrypt meme coin. Dave in crypto you love to see
that we're going to talk about fantasy top because tournament
today the volume is insane. I mean we got.
I mean I know Tyler you're deep you're a hero now too.
We're all heroes. Welcome to the second cohort of
heroes Tyler and Mando. I'm sorry you guys aren't as
cool as OV and I so they didn't make the first cut but you're
cool. Don't worry you made the second
cut because some people Clemente they make the last time can't
fucking with Clemente. I'm saying this because he was
tweeting about it but I they're going to make the the next run
but anyways can't wait to see the next one.
And then last but not least, who I've been talking too much.
Robin, we're going to make money again.
Today, when I was gone, the boys gave away 2 milades, 220 grand a
pop. And so if you want to enter, the
robot spins, you know what to do.
Retweet to Twitter. Space says bottom right is a
purple box. Drop AGM, retweet to space.
Stay in if you want to win. And at the end of it, we are
going to pick 2 lucky winners and we're going to bring you up.
And then you have a chance to win a lot of money, because
you're going to win money regardless anyways anyways.
That's a lot for the first day back, dude.
My God, I'm Jet. Like, without further ado, let's
get right into it. Who is the man?
Knackle. Daddy of the Lamb.
Can you dig it? You are kidding.
Oh, that was too good time. Was.
Like that was perfect timing. Perfect timing.
Mando Yeah. Did you catch any of this?
Yeah, I caught it up until you I mean you were just going off on
one, so I just kind of let let you go.
But yeah, you would. You would just for.
Once for once, the person not listening was not me it.
Was actually Lando? The funniest thing ever, bro.
So we played the Jingle, and then as soon as the Jingle
ended, you froze. And then it logged you off.
Oh really? But it was the time.
It was so good. Because we're all looking like
anyways, Mando kings, take it. Take it off for us, Mando.
What the Hell's going on in macro, dude?
I don't really know if I'm honest like we had, it's
definitely been trading in this range, right?
We've been in this Bitcoin has been in this 59 to 63 K range or
64 K range for a couple weeks now and just can't really break
out of it. But like in the descending
channel it looks like. So there was some hope that we
break out of it yesterday, and then we kind of got sold
straight back down again to 61 K today.
Bitcoin has been outperforming, and so has Solana, but
everything else has been pretty horrific, including ETH, which
literally looks like a death right now.
I only own a small amount of ETH and every single day and I'm
just like, Oh my God, this thing just killed me now.
But yeah, I think the things that caused a little bit of a
shake today was now don't let people tell you we're in some
horrific macro environment. We are 1% from the highs in U.S.
stocks on the S&P and on the Dow.
Nasdaq's near the all time high. Gold is near all time highs.
You have seen a boot move wider in bond yields, but then they've
crashed back down again. So like, macro's looking OK,
people. There was a lot of this talk
that, you know, the Goldilocks period had ended with Kobe and
gave you that. It's really bearish macro take.
Well, you can have that take, but the only thing being
effective right now is crypto. So that which seems weird
because everything else in macro is not really paying attention
to me. It feels like we haven't had
inflows for the last six weeks. Really.
We had a very small inflow last week for the for coin shares.
It looks like the Hong Kong ETF raised two weeks of inflows in a
single day yesterday. So Asia's not not coming in and
buying our bags. I tried.
I did my best.
OK, I did my best. We'll make them buy our bags.
And I remember this environment from last year where we ranged
for about seven months and every single time we got to the up or
down of that range, everyone was either Max bullish or Max
bearish and everyone chased momentum at those exact moments
and got wrecked. And I think that's what's going
to keep happening. Like, do not chase momentum in
this market. I think you can chase relative
value in, like you can see what's getting smashed and what
is, what isn't. But at the same time, like it
doesn't feel like the sort of environment where you're going
to miss Bitcoin just zooming higher.
We haven't seen those sort of inflows.
They're not coming back particularly quickly, It feels
like right now. At the same time, I don't think
Bitcoin's going like 40K or even 50 Ki think it's just just going
to probably hang out around this area and people are going to get
absolutely wrecked trying to trying to chase momentum.
So that's that's basically what I feel about today in terms of
we saw a slightly higher inflation print for PPI which is
or wholesale prices which isn't perhaps a good sign but it
doesn't feel like the Fed is going to raise rates in my
opinion. I think they got put into a
corner a couple weeks ago by Japan and and South Korea
smashing Treasury's lower. So I I don't think they're going
to raise rates. We have CPI tomorrow which will
be a relatively big event, probably one of the biggest
events for the last few weeks and we'll see where that comes
out. But in general, I think that we
are probably entering a a slightly cooling of the US
economy. I don't think we're going to,
it's not negative growth or even stagflation, but just a cooling
and inflation is, is staying relatively high.
So it just feels as though perhaps a less, slightly less
macro supportive environment. At the same time you have people
like Raoul Paul coming on and saying we're about to enter the
banana zone and everything's pointing upwards in terms of
money supply and global liquidity, which it has been
like the US is a slightly different scenario to everywhere
else in the world in that they're printing money
everywhere else again. So and they're looking to raise
drop rates in most countries right now if even if the US is
not. So for me I just, I don't want
to buy into an extreme view and I think you can get really
wrecked doing it. So for me, I just think we
could, we could probably stay around this area for a while now
and just and just be careful and into it.
So. This feels like another, yeah?
What? What is?
What is this bananas on?
I missed the whole thing. I missed the whole thing.
I see. All between but the bananas and.
You know. You sent me the video, I just.
I forgot to look at it like well.
What's bringing up if you're going to Raoul Paul's page?
I mean it makes more sense. I'm, I'm not somebody who coined
this, but he's basically saying the banana zone is like a
banana. So like the market will go like
that, you know, like it will go parabolic, like a banana is
basically what he is saying, go down a little bit further.
Let's go a look up. There you go.
Here's the child, the seasons. So spring is green.
We had a great spring this year. Summer is when a lot of the
games start to happen. Fall was tricky.
Last tie around, we got a stunted cycle.
If you remember, that kind of double toppy style thing was
highly unusual. 2017, two, 1013 were more typical, obviously at
the full season. And so we don't know how this
one's going to play out. I think it plays out more like
2013 two 1017, but it's all assessing the odds as we go.
But right now, this is the easy year this summer, so we should
just be able to set it, forget it, and let the games
accumulate. And then very soon, next month
and a half, we will start to hit the banana zone.
And this is what happens when you hit the banana zone.
Things get absolutely wild, which is the really magical part
of why this is the greatest macro trade of all time and it's
coming. Will it look the same as others?
Who knows? Well, I said.
This is like a smooth like they really they really mean it's
very smooth that the editing. You got mocked obviously for
like the simplicity and perhaps like just the, you know, just
wildly bullishness of it. But if I'm honest, I'm, I'm in
his camp rather than anyone else's camp.
Like I think a lot of people, a lot of traders, day traders
right now are getting wrecked chasing momentum.
And actually I think the best thing you can possibly do is
just buy spot and chill like I really think that or trade some.
I think mean coins are still a fun thing to trade.
But if you're trying to range trade majors right now, I think
you can get absolutely destroyed.
And I think you're probably hedging yourself for a move from
Bitcoin from 61 K to maybe 50K. So a 15% move and timing getting
back into that trade, I think you can get absolutely destroyed
on. So I'm just I'm not bearish.
I'm not as bullish as he is, but I think his thesis just to like
set forget is the best one right now because I think if you're
going to try and dial it up being like this is the breakout
or or sell it all whenever it feels like everyone's getting so
bearish, I think you can get absolutely wrecked.
So that that's my general view on on macro right now.
Nothing in the macro world tells me that we're about to enter
some sort of horrific downturn. I think Kobe's take was was
wrong, if I'm honest. I know I I respect him for like
being in crypto, but I think his macro tech was was a very
bearish macro take for what I see as like a slight slowing
down in the US economy which isn't seemingly affecting
anything else. Like U.S. stocks keep going
higher today, they're unchanged, right?
They're unchanged, maybe even slightly higher.
They're they're basically hanging out near all time high.
You've got bond yields going lower over that period and you
have gold which is the other thing that people point to
basically hanging out and we're at all time highs too.
There's nothing there that points to me like oh we have
this explosion. I think we keep on seeing this
crypto keeps on searching for a narrative like narrative follows
price. I put that out yesterday as
well. Now you often say this too OP,
but like suddenly we were the we were the asset that was going to
be most affected by the Israel. Iran flare up suddenly with the
effect the asset that's going to be most affected by the Japan.
Online. The the end dollar trade
suddenly with the most most exposed, that's and it's just
not true. It's just not true.
We are all just finding the the doomsday thing on our timeline
and being like well crypto's the most exposed to it and then like
using that as a narrative. All it is we just haven't had,
we just haven't had inflows for five weeks and we are all just
being drawn to the most extreme views in our timeline.
And I think you're probably best as done in spot and chilling.
I like that spot and chill. I mean OV.
I mean as as as Mando's talking. I have this like what's this
Walter Bloomberg dude on on notifications.
I mean he's firing off right now dude.
He's I wish he should be a cardinal fantasy top.
Actually. You know we got, we got DB
tweeting the state of Wisconsin, but I didn't even know Wisconsin
was a real thing until now. I thought it was.
You've been to Wisconsin, Tyler? Yeah, it's our northern
neighbor. I I go a a decent amount like
Milwaukee is 90 minutes from Chicago.
So Wisconsin exists on the OK, cool.
I thought it was just a place Americans put on the map and
nobody's ever been to it. But anyways, they bought
Bitcoin. They bought $100 million worth
of the I shares. But the other guy?
Honestly, fuck me. The state of Wisconsin has $100
million worth of fucking Bitcoin.
You know who else does? The UBS bank and the Bank of
Montreal. Ironically, the Bank of Montreal
closes your account down in Canada if you're into crypto.
So I just want to put that out there.
The the hypocrisy that they shut people's accounts down for being
crypto in Canada. I'd back in Montreal, but then
they buy Bitcoin anyways anyways, so I'm reading Powell.
Housing inflation has been a bit of a puzzle, I don't think
likely move to a rate hike, he said.
Don't think it's likely that the move would be a rate hike 8
minutes ago. Then he says restrictive policy
may take longer than expected to bring inflation down.
And then lastly asked if infliction will prove more
persistent. And he says the Fed doesn't know
yet. What does this all mean?
What does it all mean for my bags?
It's good. I mean it's it's more commentary
from Powell that things are going in the right direction
with regard to not only inflation, but also he's
probably starting to get a bit worried about some of the recent
data we've had with like GDP coming in lower than
expectations, with payrolls coming in lower than
expectations. And you have PPI data today
which came in like a little bit higher, but it wasn't like a
crazy miss. It's still kind of on the money.
So I think I would say the last few like snippets of commentary
we've had from Powell is that he's changing his tune to become
a bit more dovish again I think. And so again, it just puts a lot
of pressure on tomorrow's CPI number.
It's going to be one of the most important CPI numbers we've had
for many months, I think. And I I see Michael like
laughing at me for for that comment, but.
The now CPI of the year. And now we we're coming off the
bat of a low GDP number and a low payrolls number and power's
starting to change its tune. So if that does come in, if, if
it comes in low, then I think you you're really going to see
this rate cut narrative propel very aggressively, which I think
will be good for markets. If it comes in high, it's going
to be pretty bad because you then still have inflation as a
problem and you have economic data worsening.
So it's it's important. I think it's important.
And The thing is like, it's weird because crypto seems to
just move on like every macro headline right now, whereas
macro isn't even moving on macro headlines because cryptos is
trading like shit. So if the number if inflation
comes in high tomorrow, crypto will.
I bet you like stocks will be a little bit lower.
Crypto will just nuke because it's just trading like shit
right now. So it's important, I think.
It's bearish. Yeah, it's important.
I take back what I said and even my calls turn bearish.
I leave one week. I I leave one week and everybody
here is a bear. I'm just saying it depends on
the number. We don't know until until.
Hold on. I'm kidding.
You're right and it's true. It's true what Mando's saying.
We we were the first people thing.
People think about doing the Iran Israel stuff, the first
thing about Japan, the first thing again, when it comes to to
this stuff, dude, I can't take it anymore.
We're like the the the people taking the beating, man, every
single day for every reason. What about like the market goes
up because of? Aikman hasn't really moved.
We've been around 63K63K. Yeah, we're just going to go up
and down because somebody posts that and goes like we're about
to nuke and then we don't or this is converted, We're about
to. RIP.
And we don't. So I just think be careful.
How many days is this like this whole period?
In the same period. There you go, it's what's this?
That's March, February, sorry, February 28th here and then same
price nowaday today. So that's what it seems like.
It's just that you know what it is just that people are getting
really hurt bad on alts and and that's a sentiment you're
probably reading on the timeline.
So I guess we'll wait for Powell to speak.
You know, Powell just spoke CPI or inflation or whatever, all
these numbers, dude, everyone on CT now is like APPICPI micro
expert. Like two years ago it was just
you two talking about it on this show and I acted like I
understood what you were saying. And and now it's like everyone
and their mothers talks about. I mean, thread guy's about to
probably host like CPI inflation print at 1:00 PM tomorrow.
I mean, like he's got thread guy's about to plate, man.
We have TG and AA giving us their fucking takes on the CPI
tomorrow. Oh my God.
I mean, Tyler, are you are you a big macro guy yourself or what?
I I feel like when you're in the these crypto streets for so
long, you just have to be these. These CPI prints are appointment
viewing and every time you know that exactly like OV said if it
comes in .1% under like it's going to it's going to be a
green candle. If it comes in .1% over it's
going to be a red candle and everyone gets so worked up about
it. I think Froak you just showed
the the chart like we've run the it's so over we're so back cycle
what six times in the in the last since February 28th
probably more. It feels like we're running it
back every week and it it's exhausting.
I think it's because you know that there's kind of a people
think there's no narrative right now or the narratives are weak.
I mean for me that the narratives are like the the ETFs
and the institutions are coming to to buy Bitcoin that's going
to raise all the boats. So I I'm I'm squarely with
Mando. Just you know zoom out like I
don't know if I'm as bullish as Raval Paul.
I don't know if anyone is as bullish as he is.
I don't know if it's possible to speak more Polish than him.
Just me. That's that's why I'm poor and
my Co hosts are rich. But I mean Raul's pretty rich
himself but that's because of his probably his career before
that as well on top of this one. But yeah there's there's only
one person that's that's just as stupid than bullish as as as.
I mean, not as stupid. Sorry, I love Raul.
Let me just put that out there. Stupid as me.
Bullish as him. But anyways, so there's that on
that point in the market. So I guess we'll see where it's
from. The other big news.
I mean, dude, the AMC Jamie stuff is insane.
I mean, we have, I feel like we just have to talk about it.
Roaring Kitty is back and he has been tweeting.
I have to say, at some point they get a lot.
And I was like, dude, like I'm tired of watching a different,
like movie, like, you know, 32nd video every 30 minutes on the
spot because that's what he's been doing, right?
But one thing's insane to note, so he's had a million followers,
so he was at 600K yesterday when I checked.
So he's gaining a lot of momentum.
So all these like reply guys for Michi and all these shit coins
that are on my comments target those 500,000 stop replying to
us on here. These are your new targets.
You go to who I just actually that's genius.
Just came up with that. Y'all go to who like you know
are starting to follow Roaring Kitty.
The half a million retailers that he brought to X shill the
shit out of them. OK, you understand everybody,
this is who we're after right now.
But anyways, so he's been posting every 30 and it's like a
different clip. Mando, Ovi, are we going to run
this back or what? Like, can you explain to us what
is going on that front AM, CGME, they're all halted like 12 times
a day since yesterday. What's going on?
I think it's bullish. I mean it's it's definitely
people like I was going to post a ticket from that last from
that last tweet that he did. I think it sounds like it's just
GME again, but I think it's bullish just like for me, if you
look at last in 2021, like the whole crazy silly season all
happened after GME. It happened after meme stocks.
And then that's when he had the big doge pump, that's when he
had meme coins then take off. Then NFTS took off.
So it was kind of really what kick started the movement.
And yes, I mean like you've already had meme coins take off
this year. But to see, we haven't it felt
for everyone in crypto. It feels like we haven't seen
the full retail inflow, but something like this would create
it, you know, I mean this stock has raised three years of losses
in the space of just two days and that can only be done with
this retail inflow money into it and the same thing for AMC.
So it's really hard not to think this is a bullish sign for
crypto, but it needs to sustain. You know, if this goes up and
then it gets slacked back down tomorrow and then doesn't
recover, there's just an, you know, a nothing burger really
and you had a a hot 2nd to make some money.
But if this gets sustained and you get close to all time highs
in GameStop and you have this like big battle between retail
and cloud five and all that kind of stuff, then I think it could
be could be pretty interesting for both meme stocks and
inevitably crypto. Dude, AM CS up 100% today.
Oh my God. Zoom.
Out I think. I think you always said it's
fine. Like I think.
I think it's just a vibe shift. He's not mentioning crypto, but
remember the last time you immediate this move then you saw
Doge do like whatever it was 10X like.
It's just the vibe shift. People will just keep saying
like we're now we're coming back towards memes.
It's the dominating crypto right now let's be honest.
And it felt like they probably become, I'm strongly in in macro
are saying that this is the reason why power should raise
rates because like memes are all coming back.
But I think I think it's just like an FU like to just the
general general state of things and I think this is like a
medium term trend. So like, yeah, I think it's
going to come back pretty strong.
I think across markets. I think this, I'm not sure if
it's like short term bullish for meme coins.
There's only certain meme coins which have really done well over
this period and they're the ones related to kind of stocks,
right? Like Yep, AMC Pump which is a a
meme coin. You've had GME Pump, which is
like a meme coin and but other things you might see like people
actually leaving meme coins and like trading meme stocks.
But in general, I just think it's just a sign that memes are
here to, like, stay. Do you think that the Pepe, so
Pepe hit what all time high this morning, do you think that was
related to this? I guess that was kind of my
first order thinking that it was just a bet on the broader meme
sector, you know, perhaps coming having more staying power folks
thinking that the the GameStop crew is all coming in.
Curious for your thoughts. We had that chat in a group
chat, right? Like I think that Pepe is is a
more Reddit known meme as well like some if he if Roy and Kitty
had posted a Pepe, it would have been like completely normal in
my opinion. So my view is this that like
it's a more broader well known meme.
There's zero chance percent chance he'd post a dog with that
but there's like an there's a something percent chance he'd
post a Pepe right? Or that people are more aware of
that in like the broader meme world.
Because I don't think any of the other memes have gone of this
cycle have gone mainstream like with is not a mainstream meme
and that's probably the biggest meme of this cycle.
Whereas Pepe is. So I think people have gone for
that because it's it's more normally friendly Now I I don't
know if that's just the first move like me and Obi was
speaking about like maybe you now see the other memes catch up
because Pappy doesn't just rally by itself.
And I think what WIF does have is like a clean order book of
everyone who's kind of in the money and those things can often
pump really really strong if like I'm like the 2nd order of
this sort of stuff. So Obi was like, well, maybe you
should own WIF and said that's Solana even right now because it
feels like that could pump them, but I don't know, but I think
Pepe could keep going like Pepe's at 4 billion Pepe could
easily. Go to 10.
So easy in my opinion. I mean, it's also the the cat
sector is electric right now. You've got Elio Trades posting
his entire meme coin thesis. His number one point is that the
dog memes are going to underperform and he thinks the
the the cats are are going to be the ones that that win here.
So if you want to talk about like narrative following action
just because it's roaring Kitty in his handle is kidding.
Now the entire cat meme coin sector on Salama is going to
pump. It's a ridiculous sentence to
say, but I mean we're we're seeing it right I guess some
some. I think Popcat was one of the
top movers jumped over 500 million yesterday.
So I don't know it's got legs. It's going to be interesting to
see who the winners are. Yeah, this is.
Why? Because and Ovi did.
We did a call. We actually did like a one hour
long podcast with him in December.
Well, you guys got beefed with Eerie or Tres.
I didn't know that. No, it's not real.
It's not real Beef. It's gonna be beef.
Where we basically was like, we're going to do a meme point
show. And me and Ovi went on there and
pitched him Pepe and Mug and a bunch of meme coins back in
December. And he never posted it because
he was like, he was too scared about getting like, his
audience, like cancelling him for going with beam points.
I'm just going to stick to game Fry and AI.
Six months down the line, he's posting his thesis on cat coins.
And I'm like, dude, we gave you Pepe in December for your whole
audience and you didn't want to do it.
And now you're all in on cat coins.
I'm like, oh this, This made me chuckle when I saw it.
Yeah, I mean cat coins. It's a cat coin actually.
Going to hit it, Billy, I think. I think there's a curse when it
comes to cat coins. Maybe it's because they keep
like taking from one another. I mean if you guys have to bet
on like cat coin going a a billion, what do we think?
There's there's just so many. That's the problem, right?
Yeah, that's exactly. Yeah.
I was going to say exactly the same thing.
Just so many. Who, Who?
Who? Which one is going to hit it
first? Mitchy is like oh God, what's?
What's Mitchy at? I'm going to be Sick 2. 130.
Mitchy is like the Anson pump. It's like the Anson pump, right?
Yeah, that that one feels. And and it pumped up fun as
well. Some people like that one.
Holy shit, 232 million. Oh my God.
Then you have MU which is like the the cabal one it's.
Like a whole different cabal. That's a whole different level
of cabal in there. Cats and the dogs it wasn't.
Any I bet on mid. Interesting.
I mean Pop Cat's number one at 500 million, so it's just a 2X
pop cat. Is cooking good?
Well, look at that. That looks hot, dude.
I don't do charts, mate. Good, actually.
Maybe popcat. Actually, popcat probably do it.
Half a billion, dude. Asia popcat, right?
Like all of the Asia communities behind it, I.
Think well, are we going to forget about Mog?
I mean, dude, Mog 2 is up there. I mean, it's at 200.
I know it's not as close as Michi and and.
I don't count it as a cat coin personally.
Oh, OK. Sweet.
Semi Cat coin, isn't it half? What?
What do you think? It started off as the Hunter
Biden PFP, then switched to Joycat.
It's not the same cat coin as the other cat coins are, you
know, the other ones are pure cat coins.
I think there's a lot more to mock than just it being a cat
coin, so I don't think it gets recognized within that same
bucket, but yeah. Yeah, I guess we'll see which
one had said anyways, so, so those are the calls.
But you know what there is there's only one duck and and
hopefully he's going to a buck. I mean, Mando, you lost your
whole reward system. It's in our, it's in our, it's,
it's here, it's in the topics and I didn't.
Know that would be big enough to reach the reach the topics.
But yeah, we we had built a new telegram, so.
What are you up to? I was having Tell me the latest
on Epic What What is my favorite meep coin Dave up to in this
last two weeks? I don't know man.
It's coming to these day. What did we do?
Yeah, so this is, this is the coolest thing I think we've
done, which is like it's gone a bit more like back move where
you go with Telegram and you post or if you post on X, we've
got a bot which live in the Telegram will just reward users.
So kind of similar to how other people have done rewards
programs for this sort of stuff like if you're an active
community member or if you're posting about your bags or
building engagement then you're going to get rewards.
So it's about 45 K epic a week And if you just log it, if you
just go on to the Telegram you connect it to your Twitter
account and you can even give it your your your wallet address
although we'll do that manually too.
But then if you're it'll automatically work out if you're
like building engagement for our own tweets and then if you're an
act if like telegram user or like randomly distribute
rewards. So it got a lot of like good
heat in our Telegram. Like people are like wow this is
like a bit of a game changer. I I don't know where you know
like I think we kind of found a way to get around like the
Twitter API got some random guy in Germany who like built it all
for us. So it's like AI think it's good,
good like proprietary tech. Now for for like Epic.
Oh, shit. You want Game 5 now?
You're doing Social Fi now. OK, OK.
OK, man, we. Were just doing fun this is this
is now just like to to to give people rewards basically.
It's not crazy amounts. It's not like PAC Moon where
it's like 2/3 of the amount is still to come.
But it's enough, I think, to like if you're just posting
about epic rule of Telegram because you're going to get,
you're going to get coins. Yeah.
But yeah, I'm working my ass off basically Is is the long and
short of that like creating a mean coin is not easy but we've
got another we've got another couple of listings we we've had
like a whole team around it now like full mods the community
positions as well the the Twitter account is like most
engagement it's had in in weeks this last week like really
building that up. But yeah, price lower vibes,
vibes higher is, is basically where we're at.
You know I've got I've got a new bullet point to to add to the
road map and I think I speak for a lot of folks We we need the
epic Twitter account as a as a fancy top hero.
Like, Can you imagine the scores?
Some of the some of the meme point interns would just smash
on a fancy top and it could just light the the entire social fire
sector on fire. Dude, that is so funny.
We asked about it. We asked about it actually
because then we actually asked about it for rec guy, didn't we?
Oh, it's up. I think we're planning on doing
this like they are doing this the next rate.
This is communities, I think as well, right?
Like. My God.
Oh God. I think, well I heard well, I
heard them talk about clans because they tweeted about that.
So they talk about like clans where like you, you can clan up
behind like, you know, whatever, say Ruggedo Clan, which is
Ruggedo Creator is all teaming up together or whatever.
You know what I mean? Like it's like they talk about
clans. So that could be interesting.
Speaking of which, I mean, Tyler, I'll go to you, what's
the TLDR in Fantasy top? You put a really good tweet out
about the volume yesterday. I'll share on the screen.
But give us the give us the rundown on Fantasy Top, where
it's at and what's going on this week.
Yeah, here's what's happening in in Fantasy Top.
I mean highest level. It's the main show in town
there. There's nothing happening across
NFTS really and crypto right now.
So Fantasy Stop Top is the show they did 1900 ETH in volume
yesterday. That's $5.6 million.
For some perspective that is nearly 2X the entire volume of
the Solana NFT ecosystem and it is neck and neck with what the
Ethereum NFT Ecosol WASH adjusted as well as Bitcoin.
So it it is literally right right up there with the entire
Bitcoin NFT ecosystems in demand in volume right now.
And part of this is because of their their flurry of
announcements yesterday. So they did announce their new
stars capped competition that is going to launch this this
Thursday. Another 111,000 in blast gold in
prizes. I'll talk a little bit more
about what that means here. In a second.
They released a new hero score algorithm.
We don't really know a whole lot about that.
We do know Main Tournament 2 is now launching at 5:00 PM Eastern
today. So all your favorite
influencers, they're going to go quiet today.
They're saving all their their best tweets.
I'm drafting. So I We're going to see a
scramble. Oh, and then then they won the
Blast Jackpot last night. These things keep hitting, like
right after I go to bed, But I think it was around like 10:00
PM Eastern Blast Jackpot 81, roughly 500,000 Blast gold.
Yeah, you want to go get that? It was about like 3.2 gold per
card that you had. So I got screwed because I
actually levelled up about 30 cards because like, I'm I'm I'm
going to try to win this main. Tournament last night.
So I made some epic cards, so I I lost some gold.
So we're going to try to make up for it in the tourney.
Yeah, Let's see what you got here.
Where? Where do we see how much I want?
Oh, you have to be in your in your wallet connected, did you?
Have you? Did you export?
Yeah, hopefully you export. OK, well I mean the the big news
I think is the stars cap competition because this means
they're going to be running concurrent tournaments which you
know the the direct impact here is supply crunch.
So depending how many entries each tournament gets, let's say
10,000 entries in the main, 10,000 in the stars capped,
that's 100,000 carts locked in those index for those two
tournaments. So that's going to cut the the
flow and supply pretty significantly and it's it evens
the playing field to a degree. So it's stars capped.
It means 20 stars total across your five players.
Which means you have to play some of the two star, three star
floor fluencers or or mid fluencers.
Hold on. Hold on.
How about two stars? What are you calling me here?
Oh oh you're you're you're going to be a pretty popular play I
think in the the the stars capped competition coming up but
it it it, it does level the playing field.
So like in the main tournament, like let's just be honest, like
the whales can steamroll their way to the top.
Like if if you just want to buy 5 legendaries or the most the
the top epic cards, you can pretty much guarantee a good
finish. It's not going to be like that
in in the in the stars, in the common cap.
So I think we're going to see like the heroes 2 are going to
be the absolute wild cards because a lot of them kind of
came out low two and three stars and folks were able to buy them
somewhat cheap in the last few days.
So you're going to be able to make a decent deck, but some are
probably between 0.3 and 0.5 ETH.
Which is great for the game because I think the worst thing
that can happen is this turn into just a whales game where
you need 20 ETH or more to to play and run out a decent team.
If that's the case, you know we're going to see some of the
the primary interest in this app start to dissipate pretty
quickly. What's Mando?
I bought 2 mando cards last night.
I'm trying to start your yeah, yeah of course dude.
I see. I'm not like Ovi.
Ovi's still sleeping on me. I buy my Co host.
You know, I buy my Co host I haven't bought.
I haven't bought Tyler yet because the new heroes are way
too expensive. Like the inflation is so low.
I think there's like, what, 10 Tyler cards?
Hey, I had like too many cards out yesterday.
I want more cards out there. Let's just let's just say that.
That's crazy. But the the the secret is to bid
right? That that's the trick, right?
Because you you always see, actually, let me pick up another
one here. There you go.
But. But that's the secret.
I mean, Mando, how does it feel? How does it feel to be a hero?
It feels good. I mean, I would have been if I'd
sorted myself out for for number one small.
I've just been unbelievably busy with this.
Bloody duck that. That.
Happened to spend enough time on this thing, but like I maybe I
should. I do have a quite a lot of ETH
actually on blast now. This fucking ETH that I fucking
hate ETH right now. But it's all on blast.
I should I should get involved, shouldn't I?
What should I be buying this time?
So I should be buying mid fluences basically.
Yeah. So yeah, what's the new alpha
right now with V 0.3, Tyler? Like what do we I wish we should
be buying? Yeah, under that I wish I could
give you the specific alpha. So part of the complaints about
this game is the scoring algorithm is this black box and
we're all firing thousands of dollars at this tournament and
we don't know exactly how the scoring works.
But in in theory what they're going to do is detract from
botted accounts and then they're going to level the playing
fields. So for bigger accounts who
perhaps have a lot of followers but they're not all that active,
you're not going to get dinged as much for that.
So they're they are effectively changing the reach score.
So like this should be a positive for you for you know,
300,000 plus followers. I think you were scoring perhaps
a little bit lower in the in the earlier iterations of the score.
That should be changed now. There was this consensus that
posting quality over quantity was going to be rewarded heavily
as well. That's in question for me now.
Like a a big account like Deez, if Deez wants to tweet 200 times
per day, 300 times per day with his reach, I think I think he's
going to score pretty well just based on on pure views that he's
going to pull from that. So I don't know it it definitely
changes a a bit of this for me for like some of the the folks
like Jen Wardaddy where they were, you know they had, they
were some of the very top scorers.
I think they will still do very well, but I don't know like the
whale or some of the bigger accounts are now positioned to
have higher scores. That's my read.
But we're not even going to know until the end of this next
tournament. What do you what's your take on
all this, Olivia? I mean, I know you're deep too.
Yeah, I I agree. I think if it's true, I don't
know if the do you know Tyler if the implementations are now in
place with the current scores? What?
I mean, they made a little murky.
They said they're going to, like, start slow rolling it out.
It's slow rolling. Yeah.
So I don't that's the that's the thing to to bear in mind because
like if, yeah, like people with more followers definitely got a
bit more docked and if you had like a high engagement to
follower ratio, you did pretty well.
But if that's now changed on paper, it should mean people
like Ansome or Greg or people with like higher followers will
will get back to the top again. But I just don't know if they've
implemented that already or not because there are scores back on
the platform. But it's tough to really judge.
So yeah, I don't know, I don't know what the right strategy is
to be honest with you. I think part of me thinks you
want to go for like, I think the last tournament you did well for
going for like up and comers. I think this next tournament
you're going to do better going for like the more well known
people. I feel like also people are
playing games out there as well, man.
Like I see some people who haven't tweeted for the last few
days and their scores are down big.
But I know they're probably going to pick themselves and
turn it on when it starts again. Yeah, whereas maybe some people
are quite high right now and and maybe drop into the tournament,
I don't know. But yeah, it's a it's there's a
lot of a lot of smoking mirrors, I'd say.
So what's you guys is starting line UPS this week and there's a
tournament coming up. What?
What are we? What are we?
What are you guys starting this week?
I've got Wardaddy, Legendary Big Dick.
Tail whale. Yeah, big big Dick, Bull, Ray,
Cyrus, Epic, Cyrus said. The one.
He's like low on points right now, but he did pretty well for
me last time. I've got Greg, Greg, Ray, and at
the moment I'm starting myself an epic version of myself.
Hmm. What are you doing, Mando you,
you, you you you playing. I I just haven't looked.
I'm just not the guy. I'm not the guy right now.
But I will. I I kind of get my strategy.
I think I don't know who I go with.
I'm I'm very bullish on on on my favorite meme coin dev too
focused on building his meme coin than playing fantasy top.
So just keep it that way. What about what about you Tyler?
What? Who you start?
Yeah, I've I've been putting a lot of time and some capital
into this one since I rolled your legendary SO55 common Fer
Oaks pulled into a legendary that changed my entire view of
this game. So I've got I'm going to roll
you out. I'm going to start an NFT stats
good buddy. I I thought he might take a a
back seat in the second round but I think he's too competitive
so I think he's going to be good.
I've got an epic of his going to run out.
Jen, I think she's too good to sit.
I'm going back and forth. Seneca I think is going to be
super chalk chalk here meaning I think he's going to be one of
the most commonly played cards out there.
But I think he might be too good to sit and then Celkus may be my
wild card. I think it's going to be a huge
week for political crypto and he could absolutely go viral with
with the right post. I think he's going to respond to
that, to the op-ed from the block that that was published on
Sunday. He's been kind of alluding to
that. So if he drops a somewhat strong
or controversial response to that, I think he could, he could
put up some good views here. So I'm looking at him too.
All right, all right. Dude.
I can't believe you got my Legendary out of putting 5
comments together. It's 0.1% chance of doing that.
One in 1000, Yeah, what a pull. That's what a sign.
What a sign like 3 days before joining the show too, which is
pretty sick so I can't wait. All right, I got I got some
updating too. I'm trying to upgrade my own
self to a epic so I can just play myself epic, but playing
myself rare is not that great. But I can't wait.
I can't not wait. We're going to war.
We're going to war this week, lads.
Actually Thursday. We also have a common
tournament, so it's comments only, which is really cool,
right? Because it allows for like more
people participating. One thing I like a lot with
Travis Bickle and his team is like they always say, our goal
is to make sure that you can always play with .1 ETH and
that's their goal. And so they're really doing
that, which is awesome. And I see someone who has a
referral code. I mean you can use mine for
Roque or Tyler. I'm assuming is Tyler or Mando
is Mando and OVSOSF. It's always like that, right?
I think they used our first names as like as code.
So it's super cool. I wonder what it means though.
I mean, Mando, if if Mando's about to ape into this game, I
referred him on here. It says Mando was my fourth
referral. So Mando spent as much money as
possible on this fantasy. Top is a future of friends and.
PAC Moon, I've got to decide. That will pack.
I mean PAC Moon, dude, PAC Moon. I mean, what's PAC Moon that?
Guys, it's off the highs. It's back to it's old since I
it's 100. And 30.
That's OK, that's that's a little another thing anyway.
So that's that. And then in the other news, I
mean on the NFT side, you had Luca announcing this past week
right. Target.
And also now GameStop as this morning there's gonna be pudgy
toys at GameStop. What a perfect time to announce
that it's an excellent. And now that they sold 1,000,000
toys, guys. A million.
That's a lot. Yeah, a million.
Like a lot of people really don't.
Was like, yeah, it's like the holders going and sweeping the
floors in real life dude. There's way more than the
million. Like, yeah, I mean, there's not
as many like holders. There's a million toys to sell.
So, so, so that person said, I'm using Mando's code, 'cause I'm
an epic whale. There you go.
See. Yeah, yeah, it's.
There you go. Epic is transcendent across
across the board. You'd love to see.