1 00:00:01,040 --> 00:00:05,600 Good morning. Good morning, TNTM everyone. 2 00:00:05,600 --> 00:00:11,600 Welcome to another episode of Homo Hour today. 3 00:00:12,040 --> 00:00:15,440 Today. Is Thursday, November 21st 4 00:00:18,520 --> 00:00:23,320 folks, it is a cold, cold day here in Chicago. 5 00:00:23,360 --> 00:00:25,600 It's snowing. In fact, there is snow on the 6 00:00:25,600 --> 00:00:28,840 ground outside. My God, that happened fast. 7 00:00:29,280 --> 00:00:33,200 But the good news, stay inside season. 8 00:00:33,200 --> 00:00:35,920 Much easier to stay inside when it's 20°. 9 00:00:36,160 --> 00:00:37,920 Folks. The coins are pumping, memes are 10 00:00:37,920 --> 00:00:41,240 hot, NVIDIA has record earnings, China's legalizing crypto. 11 00:00:41,240 --> 00:00:44,800 We might be getting Solana ETFs. There is a lot happening. 12 00:00:44,920 --> 00:00:47,520 We are feeling good and we're going to break it all down on 13 00:00:47,520 --> 00:00:51,040 today's show. Farouq is in Vegas, won't be 14 00:00:51,040 --> 00:00:54,480 here this morning, but I've got my Co host Mando and Logan in 15 00:00:54,480 --> 00:00:56,320 the house. Mando, Jim, how you doing? 16 00:00:57,280 --> 00:00:58,320 I'm doing great man. How are you? 17 00:00:59,280 --> 00:01:01,440 I'm doing great. How could we not be feeling good 18 00:01:01,920 --> 00:01:03,600 looking at some of the price action? 19 00:01:03,600 --> 00:01:07,360 All time highs, memes pumping. It's a good morning, Logie. 20 00:01:07,640 --> 00:01:09,120 Jim, welcome back to the show. How are you doing? 21 00:01:09,760 --> 00:01:11,680 I'm doing well. I'm cold as well. 22 00:01:11,760 --> 00:01:13,720 We're expecting snow here in Pennsylvania. 23 00:01:13,720 --> 00:01:16,040 Not looking forward to that, but feeling good. 24 00:01:16,160 --> 00:01:19,280 Some of our bags moving upwards making us feel a little bit 25 00:01:19,280 --> 00:01:22,160 warmer. It's nice my my kids don't want 26 00:01:22,160 --> 00:01:24,040 to go outside. They're happy to play inside. 27 00:01:24,160 --> 00:01:26,920 It's much easier for me to play inside as well. 28 00:01:27,040 --> 00:01:28,880 So I'm actually a fan of it here. 29 00:01:29,400 --> 00:01:31,240 Probably good for all of our backs. 30 00:01:31,240 --> 00:01:33,720 I think several other people are feeling the same way. 31 00:01:34,400 --> 00:01:36,960 Folks, what are we talking about on today's show? 32 00:01:36,960 --> 00:01:41,280 So we've got Bitcoin hitting $98,000 and a new all time high. 33 00:01:41,520 --> 00:01:46,760 ETH up 7% after some Kobe bull posts and rebounding quite a 34 00:01:46,760 --> 00:01:49,040 bit. Crypto now potentially legal in 35 00:01:49,040 --> 00:01:51,360 China. Some breaking news around Solana 36 00:01:51,360 --> 00:01:52,680 ETS. We'll get into that. 37 00:01:52,880 --> 00:01:55,280 Trump considering a crypto position for his cabinet. 38 00:01:55,560 --> 00:01:59,720 Moon shot recording its highest revenue days back-to-back. 39 00:01:59,760 --> 00:02:04,480 Chill guy seeing $700 million in non chain volume amidst a lot of 40 00:02:04,480 --> 00:02:08,800 fun from the artist abroad. Recovery in the AI memes. 41 00:02:08,960 --> 00:02:13,480 Rec coin coming tomorrow got a chat about that and then in in 42 00:02:13,480 --> 00:02:17,400 it tease if we have time X copy has a drop today as well. 43 00:02:17,400 --> 00:02:19,960 There's a lot to get into before we dive in. 44 00:02:20,360 --> 00:02:22,720 Shout out to our partner Galaxis. 45 00:02:22,720 --> 00:02:26,160 With seamless built in monetization tools, Galaxis 46 00:02:26,160 --> 00:02:28,720 enables the development of sustainable long term 47 00:02:28,720 --> 00:02:31,080 communities, fulfilling Bitcoin's vision of 48 00:02:31,080 --> 00:02:33,800 decentralized freedom and independence from centralized 49 00:02:33,800 --> 00:02:36,200 control. Love working with Galaxis. 50 00:02:36,200 --> 00:02:39,520 Excited to see them down at Art Basel here in a few weeks. 51 00:02:39,800 --> 00:02:42,320 All right, folks, that's our intro with that Mando. 52 00:02:42,320 --> 00:02:47,080 Let's get right into it. Do we have oh, do we do in the 53 00:02:47,120 --> 00:02:51,520 intro or no? Oh, no. 54 00:02:51,520 --> 00:02:53,240 Oh, we'll get there. We'll get there. 55 00:02:53,240 --> 00:02:56,960 It's time. Who is the man Macro Daddy of 56 00:02:56,960 --> 00:03:01,720 the land? Can you dig it? 57 00:03:02,440 --> 00:03:06,280 Yeah, GM everyone. So it was a bit of a strange day 58 00:03:06,280 --> 00:03:10,720 because yesterday Bitcoin kind of went higher, but everything 59 00:03:10,720 --> 00:03:13,360 else kind of went lower and it was just interesting to see 60 00:03:13,920 --> 00:03:16,880 Bitcoin dominance kind of went up to about 62%. 61 00:03:17,680 --> 00:03:22,960 Since then kind of this morning, it's actually been it's been a 62 00:03:22,960 --> 00:03:25,520 bit more chilled. We've actually had Bitcoin go 63 00:03:25,520 --> 00:03:28,680 down a little bit and pretty much everything else go up. 64 00:03:28,680 --> 00:03:35,920 So interesting market right now. I would say we have ETH was the 65 00:03:35,920 --> 00:03:41,240 main thing that broke out in the last few hours, let's say, which 66 00:03:41,240 --> 00:03:43,280 was a good, which is a decent move. 67 00:03:43,320 --> 00:03:49,200 It moved up around 8 or 9% I think and that's the first time 68 00:03:49,200 --> 00:03:51,800 we've seen ETH move it. It just hit a four year low 69 00:03:51,800 --> 00:03:56,040 versus versus Bitcoin, which is a quite, quite aggressive. 70 00:03:56,920 --> 00:03:58,760 I think Bitcoin is heading towards 100K. 71 00:03:58,760 --> 00:04:02,120 It feels like that is preordained at this stage, but 72 00:04:02,920 --> 00:04:05,720 but it does feel as though at least it's not going to destroy 73 00:04:05,720 --> 00:04:06,960 the rest of the market on its way. 74 00:04:07,240 --> 00:04:09,920 Last night there was a big, big move lower in a bunch of 75 00:04:09,920 --> 00:04:16,519 different things including well, not just memes, but pretty much 76 00:04:16,519 --> 00:04:20,839 everything Part of that was to do with the liquidity from in 77 00:04:20,839 --> 00:04:23,680 the chill guy, I think, but still a very, very decent move 78 00:04:23,680 --> 00:04:26,920 kind of across the board, which I don't think people were 79 00:04:26,920 --> 00:04:31,200 necessarily ready for given bitcoins going to an all time 80 00:04:31,200 --> 00:04:33,440 high. But yeah, if you haven't 81 00:04:33,440 --> 00:04:38,640 realized, Bitcoins, the daddy as always, the cycle in terms of 82 00:04:38,640 --> 00:04:42,400 like specific crypto stuff that that there was. 83 00:04:43,880 --> 00:04:47,120 We did tap NVIDIA results yesterday, which pointed to a 84 00:04:47,120 --> 00:04:49,960 bullishness and AI agents who saw that space kind of rebound 85 00:04:49,960 --> 00:04:53,640 pretty aggressively overnight. Let's say that that's kind of 86 00:04:53,640 --> 00:04:55,600 memes as well. But that was like one of the 87 00:04:55,600 --> 00:04:58,400 more macro things. Although NVIDIA stock initially 88 00:04:58,400 --> 00:05:01,360 was down free markets, now it's now up. 89 00:05:02,160 --> 00:05:05,240 So that's a decent move. And stocks are like probably 90 00:05:05,240 --> 00:05:06,800 they're going to head back towards all time highs. 91 00:05:07,160 --> 00:05:10,000 There was a slight escalation more than just a slight one. 92 00:05:10,440 --> 00:05:13,400 Russia fired the first intercontinental ballistic 93 00:05:13,400 --> 00:05:19,720 missile ever in a warfare last night hitting area of Ukraine. 94 00:05:20,120 --> 00:05:22,960 Obviously we've seen we've seen an escalation in that reason 95 00:05:22,960 --> 00:05:25,640 over the last few days. Stock didn't love that at first. 96 00:05:25,640 --> 00:05:29,920 Gold did kind of like bounce went to near a new near its all 97 00:05:29,920 --> 00:05:34,320 time high again, but seemingly has been kind of downplayed 98 00:05:34,320 --> 00:05:36,600 since then. I don't really know, but yeah, 99 00:05:37,080 --> 00:05:42,000 it's we're at that stage. I don't really know. 100 00:05:42,840 --> 00:05:45,720 We had a Solana ETF like you said as we went live. 101 00:05:45,720 --> 00:05:50,640 It looks like Bitwise throwing their hat into the pile for ETFs 102 00:05:50,640 --> 00:05:55,440 there, which is which is, you know, a better, well, more well 103 00:05:55,440 --> 00:05:57,640 known name than some of the other people that have been 104 00:05:57,920 --> 00:06:00,720 looking to issue ETFs on Seoul recently. 105 00:06:03,200 --> 00:06:06,160 And the biggest move was like Bitcoin cash. 106 00:06:06,160 --> 00:06:07,440 It wasn't really like any of the other. 107 00:06:07,520 --> 00:06:11,280 It was just like Bitcoin and any other Bitcoin related related 108 00:06:11,280 --> 00:06:13,880 movers. You did say one thing, which is 109 00:06:13,880 --> 00:06:18,160 about Shanghai, like it looks like a core in Shanghai allowed 110 00:06:18,160 --> 00:06:23,280 Bitcoiners legal property, which is another indication that China 111 00:06:23,280 --> 00:06:28,040 may be coming softening its maybe approach to to crypto, 112 00:06:28,040 --> 00:06:31,240 which I think people are taking very bullishly that that was 113 00:06:31,520 --> 00:06:34,640 kind of blamed for the RIP. People were like, oh, well, that 114 00:06:34,640 --> 00:06:38,280 happened. So so we're going we're going 115 00:06:38,280 --> 00:06:40,480 higher. In fact, as that came out, like 116 00:06:40,480 --> 00:06:44,440 we, we did go a decent amount higher and there was some 117 00:06:44,440 --> 00:06:47,200 comments about the fact that Trump we'd all been looking for 118 00:06:47,200 --> 00:06:48,640 the Treasury Secretary. It looks like Trump might 119 00:06:48,640 --> 00:06:52,840 actually appoint a crypto czar. It sounds like. 120 00:06:54,200 --> 00:06:57,200 Whatever that means. But yeah, that that that caused 121 00:06:57,200 --> 00:07:00,520 some bullishness. Very curious who who that would 122 00:07:00,520 --> 00:07:01,880 be. I think there'll be a lot of 123 00:07:01,880 --> 00:07:03,600 eyes on that. I think some prediction markets 124 00:07:03,600 --> 00:07:06,520 already getting spun up maybe. I wouldn't I wouldn't mind 125 00:07:06,520 --> 00:07:08,000 talking about this China thing for a minute. 126 00:07:08,000 --> 00:07:10,920 I guess what I don't have a read on and Mendo, I'd love your take 127 00:07:10,920 --> 00:07:12,640 if you're closer to it. So it seems like, you know, 128 00:07:12,640 --> 00:07:14,400 China's been kind of flip flopping. 129 00:07:14,640 --> 00:07:17,880 How how big of a deal is this? Like have Chinese citizens who 130 00:07:17,880 --> 00:07:20,360 are bullish on crypto kind of found their own workarounds or 131 00:07:20,360 --> 00:07:22,040 do you think this is actually a huge unlock? 132 00:07:24,000 --> 00:07:26,920 It caused the bounce, you know, like particularly for Bitcoin, 133 00:07:27,120 --> 00:07:29,360 Bitcoin is, is massive in China, right? 134 00:07:29,360 --> 00:07:32,680 Like the vast majority of the miners historically have been 135 00:07:32,680 --> 00:07:36,880 there. And a vast lot of the Bitcoin 136 00:07:36,880 --> 00:07:42,000 wealth is actually in China. We always hear about, you know, 137 00:07:42,080 --> 00:07:43,160 sailor and all that sort of stuff. 138 00:07:43,160 --> 00:07:46,360 But I would, I would reckon that the majority of it is now in, 139 00:07:46,600 --> 00:07:51,000 in, in China Bitcoin wealth, just because that's that's where 140 00:07:51,000 --> 00:07:52,560 the majority of the mining has come from. 141 00:07:53,040 --> 00:07:56,360 And there's obviously there was some capital flows at the start 142 00:07:56,360 --> 00:07:58,240 and you have some of the bigger exchanges linked to it. 143 00:07:58,240 --> 00:08:01,000 And yeah, it, it feels as though China's got a lot of Bitcoin. 144 00:08:01,400 --> 00:08:04,880 So when that becomes a legal tender, it creates some 145 00:08:04,880 --> 00:08:07,440 bullishness, I think, or at least it's starting to be 146 00:08:07,440 --> 00:08:09,320 accepted. I don't think, I mean even 147 00:08:09,320 --> 00:08:11,480 people who are local there have said like, I don't think this is 148 00:08:11,480 --> 00:08:17,480 like we're not going to get we're not going to get a 149 00:08:17,480 --> 00:08:21,200 situation where Bitcoin becomes completely legal. 150 00:08:21,720 --> 00:08:22,960 That's just not the way that China works. 151 00:08:22,960 --> 00:08:24,360 It'll take a while for that to happen. 152 00:08:24,600 --> 00:08:28,360 But you might see like a a gradual, let's say etching away 153 00:08:28,520 --> 00:08:32,360 at the at the the current restrictions on it. 154 00:08:32,640 --> 00:08:34,760 Sure. And as well as it's a signal 155 00:08:34,760 --> 00:08:38,360 too, right, that perhaps it's coming, it's a little bit easier 156 00:08:38,360 --> 00:08:41,600 to start rationalizing essentially buying and getting 157 00:08:41,600 --> 00:08:45,000 ready for that and then just a matter of time until they find 158 00:08:45,000 --> 00:08:50,880 our runes backs our our pumps. Yeah, we need to onboard board 159 00:08:50,880 --> 00:08:52,840 them for sure. But yeah. 160 00:08:53,360 --> 00:08:55,880 We're we're in onboarding season, that's what we're doing. 161 00:08:56,240 --> 00:08:57,440 Onboarding season? Exactly. 162 00:08:58,440 --> 00:09:00,360 What's going to happen at A at 100K? 163 00:09:00,400 --> 00:09:02,440 Are we just going to keep, are we going to like hit it and 164 00:09:02,440 --> 00:09:05,240 bounce off of it? So like one of your predictions 165 00:09:05,240 --> 00:09:09,120 even before the election was you thought we'd get 200 K before 166 00:09:09,120 --> 00:09:12,720 end of year. We're a 2% way two, 2 1/2 167 00:09:12,720 --> 00:09:16,000 percent move away from it. Is that going to be a a tough, 168 00:09:16,000 --> 00:09:17,880 tough barrier to breakthrough kind of how are you thinking 169 00:09:17,880 --> 00:09:19,800 about like the the Super near term here? 170 00:09:20,520 --> 00:09:24,240 I did, I asked Ovi Ovi that this morning, like what do you think 171 00:09:24,240 --> 00:09:28,960 happens when we hit 100K and he was like, I think it's AI think 172 00:09:28,960 --> 00:09:35,200 it's a vibe in news event. As in I think if you see that 173 00:09:35,800 --> 00:09:38,640 and you're not involved in Bitcoin, that will suddenly be 174 00:09:38,640 --> 00:09:40,600 like, Oh my God, do you know what I mean? 175 00:09:41,120 --> 00:09:43,440 I don't people are day-to-day looking at the price of Bitcoin, 176 00:09:44,200 --> 00:09:48,680 but when Bitcoin hits 100K having like most people, I'm not 177 00:09:48,680 --> 00:09:50,320 even too sure if they, if they're aware that like 178 00:09:50,320 --> 00:09:53,760 Bitcoin's having a, a bit of a, a move here, but they will 179 00:09:53,760 --> 00:09:56,480 understand 100K money. I think that creates headlines 180 00:09:56,520 --> 00:09:59,360 around the world, which probably continue for a long time. 181 00:09:59,360 --> 00:10:02,160 A lot of people start paying attention and this is coinciding 182 00:10:02,160 --> 00:10:03,920 with obviously like a bit more retail attention. 183 00:10:03,920 --> 00:10:07,960 We're starting to see Moon pay have really big figures, Moon 184 00:10:07,960 --> 00:10:09,760 shots obviously on boarding a bunch of people too. 185 00:10:10,720 --> 00:10:16,160 It feels as though, yeah, we're, we're we're at a good point here 186 00:10:16,160 --> 00:10:19,680 for, for crypto, crypto in my opinion. 187 00:10:20,320 --> 00:10:23,200 Yeah, I wrote about the 100K number a bit in the newsletter 188 00:10:23,200 --> 00:10:27,360 this morning and I agree. I think 100K is the number where 189 00:10:27,360 --> 00:10:30,640 folks are going to be like, oh shit, like I need to buy this. 190 00:10:30,680 --> 00:10:33,440 I think it feels safer at that number. 191 00:10:33,440 --> 00:10:36,560 I think the Lendy effect is very real and that like the higher it 192 00:10:36,560 --> 00:10:40,120 goes, it's just showing that it's a safer asset. 193 00:10:42,120 --> 00:10:46,480 And I think FOMO will, will really start to kick in at 100K. 194 00:10:46,480 --> 00:10:50,680 So like, I know back in 2020 when I still had my full time 195 00:10:50,680 --> 00:10:52,960 day job, I was loosely following crypto. 196 00:10:52,960 --> 00:10:54,960 Like to your point, like I wouldn't check prices every day. 197 00:10:55,040 --> 00:11:00,000 I I'd check maybe once a week. And then in November and 198 00:11:00,000 --> 00:11:02,360 December 2020, I started, I started checking it more 199 00:11:02,360 --> 00:11:05,320 frequently and, and Bitcoin was literally going up $1000 a day. 200 00:11:05,960 --> 00:11:08,560 And that's what I realized. Like shit, I I better like hurry 201 00:11:08,560 --> 00:11:10,680 up and and buy this before it's too late. 202 00:11:11,440 --> 00:11:13,560 And I feel like 100K is going to be like that. 203 00:11:13,560 --> 00:11:16,600 It's like what happens if it's 100 and then it's 104? 204 00:11:19,000 --> 00:11:21,680 Yeah, that's my view basically is that I think it's, it becomes 205 00:11:21,680 --> 00:11:24,920 that it just becomes a thing that people pay attention to and 206 00:11:24,920 --> 00:11:28,760 that that's that becomes a a game changer suddenly for 207 00:11:28,760 --> 00:11:32,640 adoption. I think the the other big story 208 00:11:32,640 --> 00:11:36,120 here I I want to touch on is that the breaking news from from 209 00:11:36,120 --> 00:11:37,720 Eleanor. So we saw Joe McCann yesterday 210 00:11:37,720 --> 00:11:42,480 share the Bitwise had registered its sole ETF in Delaware. 211 00:11:42,840 --> 00:11:46,880 And now Eleanor has got a scoop here for for Fox and saying that 212 00:11:47,000 --> 00:11:51,440 it it looks like the spot ETFs are progressing now SEC now 213 00:11:51,440 --> 00:11:55,440 engaging with their S1 applications doesn't mean that 214 00:11:55,440 --> 00:11:59,240 it's it's coming immediately, but it looks like it's in 215 00:11:59,240 --> 00:12:02,160 motion. And so perhaps we actually could 216 00:12:02,160 --> 00:12:06,200 get it January, February, like Q 12025. 217 00:12:06,400 --> 00:12:12,200 I'm curious, what do you think that means for ETTFS or the 218 00:12:12,200 --> 00:12:14,840 E*Trade? Does does is ETF hurt in that 219 00:12:14,840 --> 00:12:18,000 scenario? Are are the ETFs bullish for 220 00:12:18,000 --> 00:12:19,280 Salon? Is it going to be sell the news 221 00:12:19,280 --> 00:12:21,440 like it was for the other two majors? 222 00:12:21,440 --> 00:12:23,440 Do you ever, have you started thinking about that Mando? 223 00:12:23,440 --> 00:12:24,840 Yeah. I don't think we're going to get 224 00:12:24,840 --> 00:12:30,760 crazy inflows into a salon ETF. That's just my gut because I 225 00:12:30,760 --> 00:12:34,960 think the ETF is more for it's more for investment managers. 226 00:12:35,040 --> 00:12:37,920 And if they haven't been sold on ETH, I don't really know why 227 00:12:37,920 --> 00:12:39,480 they're suddenly going to get sold on Solana. 228 00:12:39,600 --> 00:12:42,920 It's not really the ETF sells for like non users of the chain, 229 00:12:42,920 --> 00:12:46,160 right? And it's more about a a story 230 00:12:46,160 --> 00:12:47,800 there about what you can sell them. 231 00:12:47,800 --> 00:12:50,760 And I think you can sell them on digital gold, this whole like 232 00:12:50,760 --> 00:12:53,480 digital oil or smart contracts like that. 233 00:12:53,480 --> 00:12:56,360 They're just they haven't really cottoned onto it with these. 234 00:12:56,360 --> 00:12:59,640 So I don't think these are going to be some great event for 235 00:12:59,640 --> 00:13:04,280 Solana. But what I do think is that it 236 00:13:04,280 --> 00:13:07,760 was something that was being held over Solana by Eve Maxis, 237 00:13:08,040 --> 00:13:10,040 right? Like, oh, you'll never get a, 238 00:13:10,400 --> 00:13:12,800 you'll never get an ETF, you'll never be accepted. 239 00:13:14,800 --> 00:13:17,040 And even though it won't be like, I don't think it can be 240 00:13:17,040 --> 00:13:19,560 adopted probably crazily next year. 241 00:13:19,960 --> 00:13:23,160 If they do have that now set up, then I think there's a decent 242 00:13:23,160 --> 00:13:26,760 chance that that narrative dies away in in like the years to 243 00:13:26,760 --> 00:13:29,720 come. So it's it's good for them long 244 00:13:29,720 --> 00:13:30,840 term. I'm not sure if it would be like 245 00:13:30,840 --> 00:13:32,560 some big liquidity or not because basically what I'm 246 00:13:32,560 --> 00:13:34,480 saying. I tend to agree. 247 00:13:34,480 --> 00:13:37,560 I think it might be bearish ETH a bit. 248 00:13:38,440 --> 00:13:39,600 Oh, I think it's bearish ETH, yeah. 249 00:13:40,480 --> 00:13:43,160 Just because like you mentioned, one, one of the only narratives 250 00:13:43,160 --> 00:13:46,480 out there right now is that there's two ETFs, Bitcoin and 251 00:13:46,560 --> 00:13:49,200 ETH, and folks are going to start diversifying. 252 00:13:49,200 --> 00:13:51,200 I've shared that narrative as well myself. 253 00:13:51,640 --> 00:13:55,200 When there's more now that narrative kind of falls apart a 254 00:13:55,200 --> 00:13:57,040 little bit. And actually, I think the more 255 00:13:57,040 --> 00:14:00,320 options there are and it seems like we're going to have several 256 00:14:01,000 --> 00:14:04,320 in the next couple of years. Does it actually make the, the 257 00:14:04,320 --> 00:14:06,040 Bitcoin one stronger even perhaps. 258 00:14:06,040 --> 00:14:10,360 So we'll certainly see. But to to give EV Maxis to throw 259 00:14:10,360 --> 00:14:12,920 them a bone, They do have Kobe trying to help. 260 00:14:13,200 --> 00:14:17,320 So we, we got a Kobe candle perhaps this morning or, or from 261 00:14:17,320 --> 00:14:21,040 last night as well. He's been doing his share of 262 00:14:21,040 --> 00:14:23,160 bull posting on the Bitcoin side. 263 00:14:23,160 --> 00:14:25,560 He said Bitcoin flipping gold is nothing but the restoration of 264 00:14:25,560 --> 00:14:27,800 sanity to our reality. And the question is how many 265 00:14:27,800 --> 00:14:32,280 multiples is the fair valuation? So that was a fun one. 266 00:14:32,800 --> 00:14:34,960 And then it must have been in a reply. 267 00:14:34,960 --> 00:14:38,440 But he also was was bull posting Ethan basically saying that he 268 00:14:38,440 --> 00:14:43,360 thought it would it would double along with Bitcoin in the next 269 00:14:43,440 --> 00:14:45,680 year. Let me see if I can try to find 270 00:14:45,680 --> 00:14:48,760 it real quick. Yeah, here we are. 271 00:14:48,800 --> 00:14:51,320 It seems likely that four that ETH below 4K temporary 272 00:14:51,320 --> 00:14:56,400 dislocation in our reality most would have a better time just 273 00:14:56,400 --> 00:15:00,360 thinking about both going up No, I can't find the tweet but 274 00:15:00,360 --> 00:15:02,920 anyways he thinks ETH is going to double in the next year along 275 00:15:02,920 --> 00:15:05,880 with Bitcoin. So a little bit of opium here 276 00:15:05,880 --> 00:15:09,440 for the ETH Max season Logie tag you into the conversation any 277 00:15:09,440 --> 00:15:13,240 any macro thoughts here this morning on any of the news 278 00:15:13,280 --> 00:15:16,680 around Bitcoin salon ETF's kind of how how are you feeling any 279 00:15:17,000 --> 00:15:18,960 any. Perspective, not not too much 280 00:15:18,960 --> 00:15:22,160 different to add to what you guys have been talking about 281 00:15:22,160 --> 00:15:25,920 regarding the ETF, though, you know, it's interesting to me 282 00:15:25,920 --> 00:15:30,480 just being close to people who have purchased the ETH and the 283 00:15:30,480 --> 00:15:33,480 Bitcoin ETFs as a way to get exposure to crypto. 284 00:15:33,840 --> 00:15:36,880 To me, that still seems like a bullish thing. 285 00:15:37,240 --> 00:15:40,280 You know, I know you're talking about pair pairs there with, you 286 00:15:40,280 --> 00:15:43,000 know, Solana ETF potentially being bearish for ETH or you 287 00:15:43,000 --> 00:15:44,360 know, being bearish for whatever. 288 00:15:45,440 --> 00:15:48,280 But when I think about a way for people to gain access to this, 289 00:15:48,280 --> 00:15:51,320 that perhaps don't have a ton of disposable income coming in, but 290 00:15:51,320 --> 00:15:54,840 have like 4 O1 KS that could potentially gain them access to 291 00:15:54,840 --> 00:15:58,000 crypto, that that seems and feels bullish to me. 292 00:15:58,080 --> 00:16:00,840 For example, like, you know, I've used the to my own father, 293 00:16:00,840 --> 00:16:03,600 right, who is not purchasing on Coinbase with money. 294 00:16:03,600 --> 00:16:05,000 He's pulling from a checking account. 295 00:16:05,280 --> 00:16:08,360 He's, he's taking what he has in a four O 1K that he can't touch 296 00:16:08,360 --> 00:16:11,240 or, you know, can only use so much of, and he's rolling it in 297 00:16:11,240 --> 00:16:12,920 and gaining crypto exposure that way. 298 00:16:13,160 --> 00:16:17,720 So I, I, I'm all for it. I, I think, I think bullish long 299 00:16:17,720 --> 00:16:20,440 term, of course. Feeling bullish this morning? 300 00:16:20,440 --> 00:16:22,880 Indeed. I think another metric that 301 00:16:22,880 --> 00:16:26,360 perhaps is bullish, but maybe more so for the the meme coin 302 00:16:26,360 --> 00:16:30,080 market is moon shot. Moon shot printing back-to-back 303 00:16:30,120 --> 00:16:35,480 all time high days in fees. So that the day closing on 304 00:16:35,520 --> 00:16:39,680 Wednesday morning, they logged about 215,000 in fees, about 305 00:16:39,680 --> 00:16:42,240 double their previous high, and they went another 100,000 306 00:16:42,240 --> 00:16:48,160 higher. 50% jump, 311 K in fees registered here according to 307 00:16:48,160 --> 00:16:51,320 data from Defy Llama. Logan, I know you were looking 308 00:16:51,320 --> 00:16:53,480 into this. What's happening with Moon Shot 309 00:16:53,480 --> 00:16:55,440 is the onboarding event that we were expecting. 310 00:16:55,440 --> 00:16:58,760 Is it actually happening? I, I think it is, I wrote a 311 00:16:58,760 --> 00:17:01,960 story for Decrypt last week about crypto app Surging Moon 312 00:17:01,960 --> 00:17:04,319 Shot being one of those. It had kind of crept into the 313 00:17:04,319 --> 00:17:08,520 top 100 talking about iOS apps, that is the finance, free 314 00:17:08,520 --> 00:17:10,920 finance apps. I just refreshed actually a few 315 00:17:10,920 --> 00:17:12,680 minutes ago. I think it was up inside the top 316 00:17:12,680 --> 00:17:16,520 30 and it's jumped about 500 spots since the election or 317 00:17:16,520 --> 00:17:18,359 close to 500 spots since the election. 318 00:17:18,880 --> 00:17:21,760 That's just two weeks, right? And it's it's now, of course, 319 00:17:21,760 --> 00:17:24,599 becoming much more on people's radar. 320 00:17:24,599 --> 00:17:26,040 The fee stuff is interesting as well. 321 00:17:26,040 --> 00:17:28,040 I mean, this just points to the usage on the platform. 322 00:17:28,040 --> 00:17:31,040 Basically, people are actually buying memes here. 323 00:17:31,360 --> 00:17:33,880 If it wasn't, you know, painfully obvious to you in the 324 00:17:33,880 --> 00:17:37,080 streets at this point in time. It still pales in comparison to, 325 00:17:37,200 --> 00:17:38,800 of course, what pump fun is making. 326 00:17:39,480 --> 00:17:42,120 But it's a really, I think it's a really good indicator of if 327 00:17:42,600 --> 00:17:45,360 you want to call it retail, if you want to call it meme coin 328 00:17:45,360 --> 00:17:48,040 activity, you know, it's a handful of all of those things. 329 00:17:49,240 --> 00:17:52,280 This is this is good to see that number going up and it's 330 00:17:52,280 --> 00:17:55,200 something we should continue to pay attention to it in, in my 331 00:17:55,200 --> 00:17:57,160 opinion. Were you able to track down any 332 00:17:57,160 --> 00:17:58,800 other moon shot data? I feel like they keep a lot of 333 00:17:58,800 --> 00:18:00,720 their user data kind of behind closed doors. 334 00:18:00,720 --> 00:18:03,880 So this fee number is really all that we've been able to to use 335 00:18:03,880 --> 00:18:06,360 to get a sense of their growth. Yeah, I don't. 336 00:18:06,400 --> 00:18:09,400 I don't have a user number. As far as downloads go, they 337 00:18:09,400 --> 00:18:16,360 were around 100,000 cross between Android and in iOS via 338 00:18:16,360 --> 00:18:19,520 Sensor Tower, which is where I'm using the sorry, the where I'm 339 00:18:19,520 --> 00:18:23,600 tracking the the app ranking. That was when I wrote the 340 00:18:23,600 --> 00:18:26,000 article last week. I've not refreshed that number, 341 00:18:26,160 --> 00:18:28,720 but that would be a a decent indicator probably of the amount 342 00:18:28,720 --> 00:18:31,080 of users. And then I don't have 343 00:18:31,080 --> 00:18:34,840 information regarding the Fiat on ramps, but as the team has 344 00:18:34,840 --> 00:18:38,280 reported, you know, they've had record-breaking days in the last 345 00:18:38,280 --> 00:18:42,640 few weeks with regards to how much Fiat is being deposited on 346 00:18:42,640 --> 00:18:44,760 the app. Yeah, the Fiat number would be 347 00:18:44,760 --> 00:18:46,560 interesting. The user numbers are as well. 348 00:18:46,880 --> 00:18:48,880 I'd be curious if you have a chance to refresh that. 349 00:18:48,880 --> 00:18:51,840 I, I have to imagine if it was at 100,000 downloads last week 350 00:18:51,840 --> 00:18:53,920 that that number is up quite a bit. 351 00:18:55,280 --> 00:18:58,880 And, and perhaps that's being driven in part by some of the, 352 00:18:58,920 --> 00:19:01,560 the, the TikTok meta, the chill guy onboarding. 353 00:19:01,760 --> 00:19:05,200 We'll get to chill guy here. Maybe let's just dive right into 354 00:19:05,200 --> 00:19:06,920 it. What jumped out to me when I 355 00:19:06,920 --> 00:19:09,520 woke up this morning? I'd slept through all the chill. 356 00:19:09,520 --> 00:19:12,760 Guy FUD. I pulled up the Solana board and 357 00:19:12,760 --> 00:19:17,240 saw that it had done over $700 million in on chain volume. 358 00:19:17,800 --> 00:19:21,120 It's actually down a touch at 10% on the day. 359 00:19:21,480 --> 00:19:24,440 If you look at the price action, it was just a roller coaster all 360 00:19:24,440 --> 00:19:26,760 night. So it touched 450, touched 500, 361 00:19:27,000 --> 00:19:30,440 went all the way down to 250, back up, down to 200. 362 00:19:30,440 --> 00:19:34,400 It looks like a Wick. Back up to four, 5480, back down 363 00:19:34,400 --> 00:19:39,600 to 300 now around 360 or so. So it's been some very volatile 364 00:19:40,000 --> 00:19:42,600 price action to to say the least. 365 00:19:43,120 --> 00:19:46,600 On an asset that's already 1/3 of of a way to a billion 366 00:19:46,600 --> 00:19:49,880 dollars. It is seemingly on the back of 367 00:19:49,920 --> 00:19:55,360 some thud driven up from the artist who is behind the Just a 368 00:19:55,360 --> 00:19:58,640 Chill Guy meme. So that the artist is Philip 369 00:19:58,640 --> 00:20:01,400 Banks. He apparently put a post out 370 00:20:01,880 --> 00:20:05,000 overnight. Saying that show guy has been 371 00:20:05,000 --> 00:20:07,800 copyrighted legally. He's going to be issuing 372 00:20:07,800 --> 00:20:11,960 takedowns on for profit related things over the next few days. 373 00:20:13,480 --> 00:20:16,800 Basically pointing to towards the the shit coin. 374 00:20:16,800 --> 00:20:20,080 He's since locked his account. A lot has happened since. 375 00:20:20,080 --> 00:20:24,280 I think some of either the CTO team or just community members 376 00:20:24,280 --> 00:20:28,640 set up a donation wallet. I think that they sent him some 377 00:20:30,040 --> 00:20:32,480 of the show guide tokens. They send him some Solana as 378 00:20:32,480 --> 00:20:34,920 well. Perhaps an Xbox is in the mix. 379 00:20:35,080 --> 00:20:38,480 Logan, I'm not sure if you dove into this one, Did I, did I 380 00:20:38,480 --> 00:20:39,880 capture what happened? What else? 381 00:20:39,880 --> 00:20:41,120 Like what's going on with this situation? 382 00:20:41,160 --> 00:20:43,080 I, I I. Think that's about it. 383 00:20:43,720 --> 00:20:46,320 And I, I believe there was some previous commentary from him 384 00:20:46,560 --> 00:20:49,600 maybe in the days before as well. 385 00:20:49,600 --> 00:20:52,160 But I think what's captured on screen here gives a pretty good 386 00:20:52,160 --> 00:20:54,320 gist. He has since locked his account 387 00:20:54,600 --> 00:20:57,640 as indicated in this tweet. So it's tougher to find some of 388 00:20:57,640 --> 00:20:59,520 those retroactive tweets. If you weren't already 389 00:20:59,520 --> 00:21:04,920 following, you know, the interesting event. 390 00:21:04,920 --> 00:21:07,920 We've seen this, this sort of artist discourse, displeasure 391 00:21:07,920 --> 00:21:10,840 with the degenerate behavior of the cryptocurrency market 392 00:21:10,840 --> 00:21:13,920 transpire 100 million times. So that's not necessarily out of 393 00:21:13,920 --> 00:21:15,680 the ordinary. I think what's out of the 394 00:21:15,680 --> 00:21:20,800 ordinary here is the, this, the, the ferocity with which this 395 00:21:20,800 --> 00:21:22,840 market has soaked up. Chill guy. 396 00:21:23,080 --> 00:21:27,600 And then what, what happens next, you know, and, and how far 397 00:21:27,600 --> 00:21:29,720 Phillip takes this or if he just kind of drops it. 398 00:21:29,720 --> 00:21:31,000 You mentioned the donation wallet. 399 00:21:31,200 --> 00:21:34,800 When I had refreshed this morning, it was up over $235,000 400 00:21:34,800 --> 00:21:39,240 that have been donated. He has not responded or accepted 401 00:21:39,240 --> 00:21:40,960 that wallet. I imagine somebody created the 402 00:21:40,960 --> 00:21:43,320 wallet for him. So, you know, there's some 403 00:21:43,320 --> 00:21:44,880 potential issues there with somebody. 404 00:21:44,880 --> 00:21:47,400 I, I guess who knows who has the private keys to that. 405 00:21:47,400 --> 00:21:51,120 But interesting. I mean, this is still all over 406 00:21:51,120 --> 00:21:53,000 my timeline. It's still the top and 407 00:21:53,000 --> 00:21:55,840 disclosure. I, I own Jill Guy as well. 408 00:21:55,840 --> 00:22:01,920 I I capitulated near the top, but all over the timeline, 409 00:22:02,160 --> 00:22:03,680 there's it's going to be in the it's going to be in the 410 00:22:03,680 --> 00:22:06,440 headlines for a while. Not only is it all over the 411 00:22:06,440 --> 00:22:10,880 timeline, it seemed like the FUD helped drive holder growth as 412 00:22:10,880 --> 00:22:14,400 well. So we're up to 113,000 holders 413 00:22:14,520 --> 00:22:18,000 on chill guy now. I I think it was 70,000 when we 414 00:22:18,000 --> 00:22:22,400 did the show yesterday, so it's up another 40,000 since then 415 00:22:22,400 --> 00:22:23,280 something. Like. 416 00:22:23,960 --> 00:22:25,920 That yeah, it, it was when I went to bed last night, it was 417 00:22:25,920 --> 00:22:29,040 like 95,000. So I picked up another 15 to 418 00:22:29,040 --> 00:22:32,720 18,000 overnight. Mando, I'm curious for your 419 00:22:32,720 --> 00:22:35,760 perspective on the FUD here. I think you were you were in the 420 00:22:35,760 --> 00:22:38,520 Pepe trade. I believe Pepe faced a fairly 421 00:22:38,520 --> 00:22:43,680 similar situation with Matt Fury that caused some fun early on. 422 00:22:43,840 --> 00:22:46,600 You know curiously how this relates to that or just general 423 00:22:46,600 --> 00:22:50,080 perspective here. As far as I remember there was 424 00:22:50,080 --> 00:22:53,920 none from Matt. Matt Fury, He did DMCA other 425 00:22:53,920 --> 00:22:57,080 things. Matt Fury, there was questions 426 00:22:57,080 --> 00:23:01,000 why he didn't get paid and they'd spoken to him. 427 00:23:01,640 --> 00:23:06,960 He did the DMCA. Nothing was ever and I don't 428 00:23:06,960 --> 00:23:09,120 believe he ever like outright threatened or anything like 429 00:23:09,120 --> 00:23:10,800 that. He just said he didn't want to 430 00:23:10,800 --> 00:23:12,280 get in the way of people and their money. 431 00:23:13,320 --> 00:23:16,560 That's what I remember at some stage and then in the end I 432 00:23:16,560 --> 00:23:18,920 remember poorly. I think send him a ton of 433 00:23:18,920 --> 00:23:22,080 tokens. So he he made he actually sold 434 00:23:22,080 --> 00:23:28,120 the absolute bond Pepe when the team started selling, he sold it 435 00:23:28,120 --> 00:23:31,720 like at the absolute lows. I don't think that he sold it. 436 00:23:31,720 --> 00:23:34,800 Could have sold it at less of a low then the level he sold it 437 00:23:34,800 --> 00:23:36,360 and then it like Giga pumped after that. 438 00:23:37,600 --> 00:23:42,760 So it's kind of in the lore of Pepe because he he got out at a 439 00:23:42,760 --> 00:23:46,640 very low level after after he was sent tokens. 440 00:23:48,040 --> 00:23:51,520 But there was some like frustration like, oh, we should 441 00:23:51,520 --> 00:23:53,360 make sure the artist gets paid and all this sort of stuff. 442 00:23:54,120 --> 00:23:57,520 I mean Pepe was a much more established mean than chill guy, 443 00:23:57,520 --> 00:24:00,160 right? Like there'd been several 444 00:24:00,160 --> 00:24:04,440 different attempts to Co opt the meme. 445 00:24:04,440 --> 00:24:08,120 Obviously the like the around the election, there was all that 446 00:24:08,120 --> 00:24:11,600 stuff. And he did come in to DMC to 447 00:24:11,600 --> 00:24:15,800 like DMCA some of that stuff. But that was before the Pepe 448 00:24:15,800 --> 00:24:18,560 meme column was created. This is a slightly different 449 00:24:18,560 --> 00:24:21,160 scenario. Like I don't really know where I 450 00:24:21,160 --> 00:24:27,440 stand on it because I this does happen a lot in crypto, right? 451 00:24:27,440 --> 00:24:32,480 There's like very little respect for like anyone else's creation, 452 00:24:32,480 --> 00:24:33,720 right? Like we'll, we'll make a meme 453 00:24:33,720 --> 00:24:35,600 out of literally anything, particularly in the pump fun 454 00:24:35,600 --> 00:24:39,880 era. And I kind of know this with 455 00:24:39,880 --> 00:24:43,560 some of the like with a lot of the coins that I'm involved in, 456 00:24:43,560 --> 00:24:45,960 there's sort like this is always a complication. 457 00:24:46,400 --> 00:24:49,080 One of the complication, new complications is, is there going 458 00:24:49,080 --> 00:24:53,160 to be a, a similar coin on Ethos or Sui or one of these other 459 00:24:53,160 --> 00:24:56,200 chains? And the other one is do we have 460 00:24:56,200 --> 00:24:58,480 any sort of ownership rights over the meme, right? 461 00:24:59,880 --> 00:25:03,560 And both of those can be can be quite complicated at times. 462 00:25:04,440 --> 00:25:07,920 I know like various different that you have to have to get 463 00:25:07,920 --> 00:25:09,720 licensing or all this sort of stuff. 464 00:25:10,880 --> 00:25:16,760 It seems as though this guy does not like crypto at all very 465 00:25:16,760 --> 00:25:19,200 much. He's not a a big fan of crypto 466 00:25:19,200 --> 00:25:25,000 that they've got a donation address 250 K for a for a 467 00:25:25,000 --> 00:25:26,920 whatever. How big is the meme coin now? 468 00:25:28,280 --> 00:25:30,760 302,000,000. Oh, meme coin. 469 00:25:31,160 --> 00:25:33,320 I just don't even know. I don't know. 470 00:25:33,400 --> 00:25:36,280 I don't think he'll win a court case over it necessarily. 471 00:25:38,120 --> 00:25:41,200 That's my guess. But or at least it will be a 472 00:25:41,200 --> 00:25:44,080 long time and it will most probably end in a settlement 473 00:25:44,080 --> 00:25:47,280 anyway, of which they're kind of already creating the wallet for 474 00:25:47,280 --> 00:25:53,640 that. So yeah, I feel like, I do feel 475 00:25:53,640 --> 00:25:58,160 like it's a, it's a complicated scenario. 476 00:26:00,320 --> 00:26:04,040 What is is clear is that like it's this is not, this is not 477 00:26:04,040 --> 00:26:07,000 some cobalt CTO. Like it's not like they're 478 00:26:07,000 --> 00:26:09,440 sitting there with like 50% of the supply. 479 00:26:10,080 --> 00:26:12,600 This is like a, this is a real CTO. 480 00:26:12,600 --> 00:26:17,240 It's similar to like with for example, where it's, it's, it's 481 00:26:17,240 --> 00:26:20,200 less controlled, which it's probably good for crypto because 482 00:26:20,280 --> 00:26:22,920 it's been, it shows it's very organic, but it's not like they 483 00:26:22,920 --> 00:26:25,440 can, it's not like there's some centralized team that's made an 484 00:26:25,440 --> 00:26:29,440 absolute ton of this. And so I think that's why it's 485 00:26:29,440 --> 00:26:32,560 been a little bit more difficult to do various different things. 486 00:26:33,760 --> 00:26:36,760 So the idea that they just they'll be able to send him 487 00:26:37,880 --> 00:26:41,600 $2,000,000 worth of token. Like, no, there's, I don't think 488 00:26:41,600 --> 00:26:43,360 there's AI don't think it's like that. 489 00:26:44,120 --> 00:26:45,920 So that might make it a bit more complicated. 490 00:26:45,920 --> 00:26:47,600 I don't know. But they have a public wallet. 491 00:26:47,600 --> 00:26:51,120 I think they've, they've got like 250 grand, maybe, maybe 492 00:26:51,120 --> 00:26:56,480 slightly more. And yeah, let's see, let's see 493 00:26:56,480 --> 00:27:00,320 where it ends up. I am, I'm bullish on this, 494 00:27:00,320 --> 00:27:01,960 though. I do think that it, this will, 495 00:27:03,360 --> 00:27:05,920 it's very difficult for something with this, this amount 496 00:27:05,920 --> 00:27:10,280 of holders to, to die. Let's go that way. 497 00:27:11,720 --> 00:27:14,120 My read when I woke up this morning, kind of processed the 498 00:27:14,120 --> 00:27:17,400 information was that it was bullish flood and it is 499 00:27:17,400 --> 00:27:19,600 something you get past. I was happy to see the holder 500 00:27:19,600 --> 00:27:22,720 growth through the night. I was happy. 501 00:27:22,720 --> 00:27:25,600 Of course, when I woke up, it was also over 400 million, which 502 00:27:25,600 --> 00:27:28,960 which helped you think it was a a bullish event. 503 00:27:28,960 --> 00:27:33,360 If of course, if it drops back to 200, you know, maybe I'm a 504 00:27:33,360 --> 00:27:36,960 little less confident in that, but it feels like one of those 505 00:27:36,960 --> 00:27:40,640 things that you kind of perhaps it might help cement the legacy 506 00:27:41,360 --> 00:27:44,040 and one of the hurdles that you just kind of have to go through. 507 00:27:44,360 --> 00:27:49,040 So I'm, I'm feeling optimistic, but certainly a little bit more 508 00:27:49,040 --> 00:27:52,880 of a complicated situation. Also, I mean the coin like I 509 00:27:52,880 --> 00:27:56,360 think folks who who are perhaps worried about price action and 510 00:27:56,360 --> 00:27:58,000 rightfully so. Hey, if you're stressed about it 511 00:27:58,000 --> 00:28:00,760 too much, losing sleep, sell some, make yourself feel 512 00:28:00,800 --> 00:28:02,040 comfortable. I think Broke shared that 513 00:28:02,040 --> 00:28:03,840 advice. I wanted to echo it. 514 00:28:04,160 --> 00:28:10,120 This thing also ran up from 25 million to 400 million in a day. 515 00:28:10,240 --> 00:28:14,080 It was it was viable below 10 million just a few days ago. 516 00:28:14,160 --> 00:28:18,320 So seeing some red on the board, not a huge surprise just in a in 517 00:28:18,320 --> 00:28:20,440 a in a situation where there wasn't even flood. 518 00:28:20,680 --> 00:28:23,440 So I think also not surprised from that angle. 519 00:28:23,840 --> 00:28:27,200 But for folks who are trading more than just chill guy, I 520 00:28:27,200 --> 00:28:31,400 think they woke up feeling pretty happy, especially those 521 00:28:31,440 --> 00:28:34,640 who have been dabbling in the AI sector. 522 00:28:34,640 --> 00:28:37,960 It looks like a pretty full recovery across the board. 523 00:28:38,240 --> 00:28:42,280 The AI sector had been basically slaughtered as chill guy was a 524 00:28:42,280 --> 00:28:45,400 liquidity suck. And then the AI16Z drama that 525 00:28:45,400 --> 00:28:48,120 had played out a few days ago. I think it made people kind of 526 00:28:48,120 --> 00:28:51,640 question whether these on chain agent valuations were perhaps 527 00:28:51,640 --> 00:28:54,880 too high or I think they threw those questions out the window. 528 00:28:55,760 --> 00:28:59,920 We saw massive rebounds, zero bro leading the charge back over 529 00:28:59,920 --> 00:29:04,040 $500 million. Market cap up 70% on the day. 530 00:29:04,520 --> 00:29:08,360 Fartcoin holding up nicely. I think it was back at 370 this 531 00:29:08,360 --> 00:29:11,800 morning, touching all time highs but still holding. 532 00:29:11,800 --> 00:29:17,080 At 3:33 it had dipped to 200, so up nearly 100% off that local 533 00:29:17,080 --> 00:29:22,880 bottom AI16Z marching back up, it's up 34% Waifu back at 70. 534 00:29:22,880 --> 00:29:26,680 Chagath was a big winner. Well, let's see what else. 535 00:29:26,680 --> 00:29:29,640 And then on the lower end of the board, we saw some some new 536 00:29:29,640 --> 00:29:34,520 runners as well with Opium. I don't know how to pronounce 537 00:29:34,520 --> 00:29:37,120 that. Lola Roparito, A few interesting 538 00:29:37,120 --> 00:29:40,560 new stories here. Logie, I, I asked you to dive 539 00:29:40,560 --> 00:29:43,440 into the to the AI board. Any high level takeaways before 540 00:29:43,440 --> 00:29:47,160 we dive into some of these? What are your thoughts here? 541 00:29:47,360 --> 00:29:52,240 Is AI back? It's back I'm I'm not sure it 542 00:29:52,240 --> 00:29:54,480 really ever left. It was like a one you know that 543 00:29:54,480 --> 00:29:58,440 one to two day lol. Of course, dominated by chill 544 00:29:58,440 --> 00:30:02,680 guy, but this resurgence, I mean, cementing in some way that 545 00:30:03,160 --> 00:30:07,960 this is more than just a one month meta, if you'd like to 546 00:30:07,960 --> 00:30:10,520 call it that or if you were previously calling it that. 547 00:30:10,840 --> 00:30:14,400 The zero bro stuff has been unbelievable disclosure. 548 00:30:14,600 --> 00:30:17,800 It's one of my bigger meme coin holdings at this point in time. 549 00:30:18,320 --> 00:30:22,320 But the strength that it showcased even amid the chill 550 00:30:22,320 --> 00:30:25,960 guy stuff from yesterday was quite remarkable. 551 00:30:25,960 --> 00:30:30,600 And Jeffy, who is the dev here working with zero bro continues 552 00:30:30,600 --> 00:30:33,120 to push stuff out. You have the zero born NF TS, 553 00:30:33,360 --> 00:30:35,760 you have the web four thing that he's been pushing. 554 00:30:36,160 --> 00:30:40,400 They released like a musical, I'm not sure album or single or 555 00:30:40,400 --> 00:30:42,640 whatever. Like there's been a just a lot 556 00:30:42,640 --> 00:30:44,560 of innovation. I know Mando's talked about that 557 00:30:44,560 --> 00:30:47,200 on this show about having, you know, a developer who's willing 558 00:30:47,200 --> 00:30:50,680 to kind of innovate and and push these things forward. 559 00:30:51,280 --> 00:30:54,800 And I think you're really seeing that with zero bro and you know 560 00:30:54,800 --> 00:30:56,920 that and that's one of the reasons it's standing out. 561 00:30:57,000 --> 00:31:00,200 You know, it's harder to stand out now than it was previously 562 00:31:00,680 --> 00:31:03,680 where there were only one or two agents on chain interacting. 563 00:31:04,280 --> 00:31:06,560 And that's where I think that's standing out just a little bit. 564 00:31:06,880 --> 00:31:09,480 But disclosure, of course, some back bias there. 565 00:31:10,560 --> 00:31:13,600 I don't know too much about this one, Tyler, this one I'll hand 566 00:31:13,600 --> 00:31:15,120 to you. But As for the rest of the 567 00:31:15,120 --> 00:31:20,640 board, I mean, the fart coins strength is, I mean, that's 568 00:31:20,880 --> 00:31:24,520 obvious at this point in time. And then all the way downstream, 569 00:31:24,680 --> 00:31:26,880 as you noted, I mean, there's there's strength in a lot of 570 00:31:26,880 --> 00:31:32,000 these that have just found. I'm not sure what the right way 571 00:31:32,000 --> 00:31:35,000 to characterize it is, but just, you know, found some pudding 572 00:31:35,000 --> 00:31:38,320 again when things have just chilled on chill guy, pun 573 00:31:38,320 --> 00:31:41,720 intended there. Yeah, there's a there's a few 574 00:31:41,720 --> 00:31:44,000 interesting stories. So one, I mean, the headline is 575 00:31:44,000 --> 00:31:46,520 just just the broad recovery. I think zero bro submitting 576 00:31:46,520 --> 00:31:49,160 itself as a clear leader in the sector. 577 00:31:49,160 --> 00:31:52,280 It feels like one of the safer plays and safer in quotes. 578 00:31:52,520 --> 00:31:54,640 I've got a small bag. My bag is much smaller than it 579 00:31:54,640 --> 00:31:58,640 would have been had I not sold one of my worst trades here in 580 00:31:58,640 --> 00:32:03,320 the last few months. But we we saw a few interesting 581 00:32:03,320 --> 00:32:07,520 news stories pop up. So so Vader is a virtuals based 582 00:32:07,600 --> 00:32:09,640 AI agent. They had a big announcement 583 00:32:09,640 --> 00:32:11,200 yesterday. They, they said basically 584 00:32:11,200 --> 00:32:14,760 they're trying to be the Black Rock of AI agents, a forming a 585 00:32:14,760 --> 00:32:18,360 network of specialized AI agent traders that have their own 586 00:32:18,360 --> 00:32:22,080 niches where they, they trade a Dow to manage all this, then 587 00:32:22,080 --> 00:32:25,800 perhaps a rewards program. What I thought was perhaps the 588 00:32:25,800 --> 00:32:28,440 most interesting part of their announcement was they also worm 589 00:32:28,440 --> 00:32:33,360 hold to Solana. I made a lot of chats with folks 590 00:32:33,360 --> 00:32:35,640 who are who are trading a lot of the AI memes. 591 00:32:35,880 --> 00:32:38,880 A lot of them just don't want to go to base like they, they want 592 00:32:38,880 --> 00:32:42,120 exposure to this, but they just aren't interested in bridging 593 00:32:42,120 --> 00:32:44,320 off Solana with where all the action is. 594 00:32:44,680 --> 00:32:47,160 So now we've seen one of our first major players from the 595 00:32:47,160 --> 00:32:51,800 virtuals protocol bridge over. And I mean, the market liked it. 596 00:32:51,800 --> 00:32:52,960 Of course, they had their own update. 597 00:32:52,960 --> 00:32:55,200 So it's hard to say how much of this is tied to the update 598 00:32:55,200 --> 00:32:57,120 versus the, the bridge to Solana. 599 00:32:57,120 --> 00:33:00,360 But up 47%. I'm curious if if we'll see 600 00:33:00,360 --> 00:33:02,480 others do that. Logie, were you following the, 601 00:33:02,640 --> 00:33:05,480 the, the Vader stuff or just brought our virtuals protocol? 602 00:33:05,480 --> 00:33:07,400 I know you were pretty early to virtual. 603 00:33:08,160 --> 00:33:10,960 Just a just a little bit, it was really early to the Vader stuff. 604 00:33:10,960 --> 00:33:13,680 That was right when they announced virtuals dot fun, 605 00:33:13,680 --> 00:33:14,960 right. That was one of the first, if 606 00:33:14,960 --> 00:33:18,280 not the first agent created on that. 607 00:33:18,800 --> 00:33:21,280 I I think that the Solana versus base thing is really 608 00:33:21,280 --> 00:33:22,840 interesting. I actually saw a take and I'm 609 00:33:22,840 --> 00:33:25,360 not gonna be able to find the tweet now yesterday about how 610 00:33:25,680 --> 00:33:29,360 some people expect the agents might run into issues on Solana. 611 00:33:29,360 --> 00:33:31,120 I don't know if I shared that with you, Tyler, or maybe you 612 00:33:31,120 --> 00:33:34,000 shared that with me. I'm not sure if it's 613 00:33:34,000 --> 00:33:38,280 architecture related or, or what have you related to using the 614 00:33:38,280 --> 00:33:42,600 blockchain base being a strength versus Solana. 615 00:33:43,280 --> 00:33:45,120 I don't know the argument there, but it was just something I saw 616 00:33:45,120 --> 00:33:47,280 that was interesting to me. When you're comparing or 617 00:33:47,280 --> 00:33:50,920 thinking about where these, where these agents should play. 618 00:33:52,640 --> 00:33:55,200 But in terms of getting liquidity to your coin, in terms 619 00:33:55,200 --> 00:33:58,400 of getting interest and eyeballs to your coin, it's obvious it 620 00:33:58,400 --> 00:34:02,400 has to be on Solana right now versus base in, in my opinion. 621 00:34:02,400 --> 00:34:04,760 So I I think this was smart to open up a wormhole and give 622 00:34:04,760 --> 00:34:08,159 people an opportunity to participate that weren't 623 00:34:08,159 --> 00:34:11,639 otherwise participating or had some sort of standing that they 624 00:34:11,639 --> 00:34:14,600 didn't want to cross in in moving over to base. 625 00:34:15,400 --> 00:34:17,639 Related to the base thing, though, I don't know if you're 626 00:34:17,639 --> 00:34:21,560 going to talk about Anon the coin that Vitalik Oh we. 627 00:34:21,560 --> 00:34:23,440 Can go there, yeah. Yeah. 628 00:34:24,600 --> 00:34:27,480 So this is a farcaster related AI coin. 629 00:34:27,480 --> 00:34:31,679 Basically, you own some of the coin and you can make anonymous 630 00:34:31,679 --> 00:34:35,719 posts on Farcaster using ZK Sync, sorry, ZK proof 631 00:34:35,960 --> 00:34:40,719 technology. And yeah, Arkham Intel, I think 632 00:34:40,719 --> 00:34:44,199 flagged purchase from Vitalik yesterday and it went up like 633 00:34:44,480 --> 00:34:46,639 350%. You had shared this on your 634 00:34:46,639 --> 00:34:49,679 timeline, maybe actually a day before Tyler or two days before. 635 00:34:49,679 --> 00:34:53,040 A highlight from Darren, friend of the show. 636 00:34:55,360 --> 00:34:57,720 You know, people, people like to go where smart money's going. 637 00:34:57,720 --> 00:34:59,800 Vitalik, obviously very, very smart person. 638 00:35:00,240 --> 00:35:03,200 So interesting innovations. Again, just people kind of 639 00:35:03,200 --> 00:35:04,720 pushing things, trying to do different things. 640 00:35:04,880 --> 00:35:07,040 And those are the coins that often times, especially if 641 00:35:07,040 --> 00:35:09,600 you're, if you're just meddling around in the muck and the 642 00:35:09,600 --> 00:35:12,960 trenches, you know, you can find those and and find pretty swift 643 00:35:12,960 --> 00:35:14,720 moves upwards like you saw with this one. 644 00:35:15,520 --> 00:35:18,000 Yeah, got a shout out. Darren, I see he's listening. 645 00:35:18,600 --> 00:35:20,920 I've got notice on for him. I think he's one of the stronger 646 00:35:20,920 --> 00:35:24,400 signals in the space. He shared his thoughts on a non 647 00:35:25,080 --> 00:35:29,120 just a a day a day or two before metallic bought. 648 00:35:29,680 --> 00:35:31,840 So I was lucky enough to to get in. 649 00:35:31,840 --> 00:35:36,240 And then it's interesting. Metallica only bought enough to 650 00:35:36,920 --> 00:35:39,200 he basically bought the minimum out so that he could use the 651 00:35:39,200 --> 00:35:42,200 protocol and and test it out. It was only point O 8 ETH. 652 00:35:42,200 --> 00:35:45,440 So it's not like he slammed in 100 ETH or something into this, 653 00:35:46,120 --> 00:35:48,240 but it was enough for for the market. 654 00:35:48,240 --> 00:35:52,000 As soon as the market saw it, it, it just went absolutely 655 00:35:52,000 --> 00:35:55,600 crazy. And now up from a local bottom 656 00:35:55,600 --> 00:35:58,000 below 10 million now at 45 million. 657 00:35:58,360 --> 00:36:03,240 So, you know, quite the run. And it's interesting, I think 658 00:36:03,240 --> 00:36:06,320 folks, there is a cohort of this Margaret who is focused on base 659 00:36:06,320 --> 00:36:08,520 right now and thinks there's going to be a base season. 660 00:36:08,520 --> 00:36:12,160 Coinbase clearly is kind of opening up what they're listing 661 00:36:12,160 --> 00:36:15,000 and folks think, you know, that perhaps they'll be more out 662 00:36:15,000 --> 00:36:16,920 looking at some of their own ecosystem tokens. 663 00:36:16,920 --> 00:36:20,320 It's got the Farcaster tie in. It's got a good ticker, Batalics 664 00:36:20,320 --> 00:36:22,640 a buyer. It's an interesting narrative 665 00:36:22,640 --> 00:36:24,640 for sure. Now, I mean, is it a good buy at 666 00:36:24,640 --> 00:36:27,040 45? We'll, we'll certainly see how 667 00:36:27,040 --> 00:36:30,440 it ages, but yeah. None of these, none of the base 668 00:36:30,440 --> 00:36:33,920 ones have really broken out of this range to my knowledge. 669 00:36:34,000 --> 00:36:37,760 You know, you have zero bro and go and other, you know, lots of, 670 00:36:40,120 --> 00:36:43,120 you know, lots of the Solana coins, which of course exceeded 671 00:36:43,120 --> 00:36:46,520 100 million etcetera. As far as AI related coins on 672 00:36:46,520 --> 00:36:49,760 base, you have virtual as the protocol coin. 673 00:36:50,480 --> 00:36:54,400 Luna had a run up above 200 million I believe, right. 674 00:36:54,400 --> 00:36:57,160 But like beyond that, you know, I've been tracking Luminous, you 675 00:36:57,160 --> 00:37:01,480 see there that was an agent to agent interaction coin Anon. 676 00:37:01,480 --> 00:37:03,920 I mean there's a couple others probably floating around of 677 00:37:03,920 --> 00:37:07,680 course, and all those other agents on virtuals stuck sort of 678 00:37:07,680 --> 00:37:11,160 mired in this like 30 to 50 to $70 million range. 679 00:37:11,160 --> 00:37:13,680 We haven't seen anything. Yeah, it would, it would not 680 00:37:13,680 --> 00:37:17,680 shock me to see one of course run to two 3-4 hundred $500 681 00:37:17,680 --> 00:37:20,120 million market cap. We just, we just haven't seen it 682 00:37:20,120 --> 00:37:21,920 yet, whereas that's transpired on Solana. 683 00:37:23,160 --> 00:37:25,760 It's interesting just quickly on on Bay since we're talking about 684 00:37:25,760 --> 00:37:27,320 it. I mean, Brett has been one of 685 00:37:27,320 --> 00:37:30,440 the more quiet winners. It's like during as all the 686 00:37:30,440 --> 00:37:33,800 memes have leveled up. Brett's at 1.6 like. 687 00:37:34,840 --> 00:37:40,960 No one owns it dude. Yeah, who whoever does on it 688 00:37:40,960 --> 00:37:43,440 like they're they're feeling all right, but it just it marches 689 00:37:43,440 --> 00:37:44,720 up. DJ had a nice run. 690 00:37:44,720 --> 00:37:51,880 DJ was over 400 Meggles. The the cat mascot has had quite 691 00:37:51,880 --> 00:37:56,120 the run as well. So there there's some action on 692 00:37:56,120 --> 00:38:00,160 bass on your comment on virtuals specifically, I think it is a 693 00:38:00,160 --> 00:38:03,040 little bit underwhelming. So Luna was the number one it so 694 00:38:03,040 --> 00:38:06,760 Luna soared to like 250, I think at peak steadily down. 695 00:38:06,760 --> 00:38:10,920 Now it's already been flipped by AIXPT, which I thought was 696 00:38:10,920 --> 00:38:12,480 notable. You kind of always think the OG 697 00:38:12,480 --> 00:38:14,880 is going to keep that spot. We don't really see that happen 698 00:38:14,880 --> 00:38:18,680 too much. I, I haven't dug into this. 699 00:38:18,680 --> 00:38:21,080 It feels like kind of throwing darts right now. 700 00:38:21,080 --> 00:38:24,280 I'll be curious how this ecosystem continues to grow. 701 00:38:24,280 --> 00:38:27,560 I think another interesting kind of going back to AI. 702 00:38:28,000 --> 00:38:31,960 So we had TikTok, Meta and then yesterday we got the first one 703 00:38:31,960 --> 00:38:34,680 of the first intersections of AI and TikTok. 704 00:38:34,680 --> 00:38:40,240 So this dev Roparito had launched a Roparito token and he 705 00:38:40,240 --> 00:38:43,920 has made it the, the first autonomous Tiktok AI agent. 706 00:38:43,920 --> 00:38:47,880 So an AI agent writing its own code to create Tiktok shorts. 707 00:38:47,880 --> 00:38:50,200 And he shared the shorts. They were actually were created. 708 00:38:50,680 --> 00:38:52,280 I checked a few of them out last night. 709 00:38:52,320 --> 00:38:54,720 I, I don't know that they were like ground breaking and 710 00:38:54,720 --> 00:38:58,840 quality, but I, I think they were the first to actually have 711 00:38:58,840 --> 00:39:02,640 executed this. So we'll see if being first 712 00:39:02,720 --> 00:39:05,320 actually does matter. I think we saw the Roparito 713 00:39:05,320 --> 00:39:08,920 token jump about 100 percent, 150% on the back of this. 714 00:39:08,920 --> 00:39:13,040 It's hanging out around 12 million here before the show. 715 00:39:13,840 --> 00:39:16,800 Amanda, maybe I'll toss it back to you just for just a broader 716 00:39:17,240 --> 00:39:20,120 take. We saw that the big pullback in 717 00:39:20,200 --> 00:39:22,720 AI memes. It seems like at least we've got 718 00:39:22,720 --> 00:39:26,000 a rebound on the board, whether that's a dead cat bounce or just 719 00:39:26,000 --> 00:39:29,160 a kind of a a return attention on this. 720 00:39:29,400 --> 00:39:31,800 How are you feeling about the the broad sector? 721 00:39:31,800 --> 00:39:33,200 I know we've talked about GOAT on the show. 722 00:39:33,200 --> 00:39:35,440 Do you think this one I was just a short term blip? 723 00:39:36,880 --> 00:39:41,160 I think, I think AI memes are going to do a 10X too, like I 724 00:39:41,160 --> 00:39:44,520 really do. I said it a week ago. 725 00:39:44,600 --> 00:39:49,440 I said it's very rare that you see a bull like a natural meta 726 00:39:49,440 --> 00:39:50,840 like this. It reminds me, do you remember 727 00:39:50,840 --> 00:39:54,320 of like the gaming meta of 2021 where I actually went to like 50 728 00:39:54,320 --> 00:39:58,400 billion? Yeah, it reminds me of the 729 00:39:58,400 --> 00:40:01,440 timing of that. I'm not saying name, but like 730 00:40:01,760 --> 00:40:04,760 when a meta like that happens, because that was at the same 731 00:40:04,760 --> 00:40:07,000 time as, you know, metaverse, all that sort of stuff is 732 00:40:07,000 --> 00:40:08,840 happening. You know, Facebook changed their 733 00:40:08,840 --> 00:40:12,800 name, Everything was going wild, and these gaming tokens went 734 00:40:13,120 --> 00:40:16,800 crazy, right? And then yes, during the bear 735 00:40:17,440 --> 00:40:20,800 they all dropped 90%. What I'm telling you right now 736 00:40:20,800 --> 00:40:23,520 is that the timing of this, I'm not saying this will drop 90%, 737 00:40:23,800 --> 00:40:26,920 but I'm saying that this right now, whether you believe in it 738 00:40:26,920 --> 00:40:32,520 or not, or you think it's a bit of a LOB, it's just right time, 739 00:40:32,520 --> 00:40:35,600 right place. AI is like the number one 740 00:40:35,600 --> 00:40:39,880 bullish thing in the stock market where at that time it was 741 00:40:39,920 --> 00:40:43,120 some of the metaverse stuff, or at least that's what they were 742 00:40:43,120 --> 00:40:47,720 trying to push, let's say. And, and this stuff is, you 743 00:40:47,720 --> 00:40:51,560 know, it's new, it's novel. I, I honestly think GOAT could 744 00:40:51,560 --> 00:40:54,680 go to five to 10 billion here. I think Zerobro could probably 745 00:40:54,680 --> 00:41:01,200 go to low billions. I think, I don't know about AI16 746 00:41:01,200 --> 00:41:02,920 Zeeks just kind of burnt itself a little bit. 747 00:41:02,920 --> 00:41:06,120 But I think, you know, fartcoin, as ridiculous as it is, could go 748 00:41:06,520 --> 00:41:09,200 above a billion dollars pretty comfortably. 749 00:41:09,480 --> 00:41:12,720 Like I, I, I genuinely think that I think people are looking 750 00:41:12,720 --> 00:41:15,600 at that as a sector, the AI agent sector. 751 00:41:15,840 --> 00:41:19,200 If you listen to the NVIDIA call yesterday, this is all they were 752 00:41:19,200 --> 00:41:22,080 talking about, like the use of AI agents and, and for that 753 00:41:22,080 --> 00:41:26,240 chip, like it's just right time, right place. 754 00:41:26,360 --> 00:41:32,600 And I think you buy all dips. Like if there's a dip, do not 755 00:41:32,600 --> 00:41:36,160 fade it. That is a chance to buy it, not 756 00:41:36,160 --> 00:41:40,760 to, not to sell it. Maybe when Bitcoin's at 150 K, 757 00:41:41,160 --> 00:41:44,400 you know, that's when you go 130K, that's when you go OK, you 758 00:41:44,400 --> 00:41:50,960 know, it's getting a bit frothy, but I particularly like for me, 759 00:41:50,960 --> 00:41:53,560 the obvious one is GOAT, because it's very difficult for it to be 760 00:41:53,560 --> 00:41:55,600 diluted. In my opinion, Like with these 761 00:41:55,960 --> 00:41:59,440 memes, there's, you know, there is often we can be super bullish 762 00:41:59,440 --> 00:42:03,880 on chill guy today, but I'm not saying there can't be another 763 00:42:03,880 --> 00:42:07,720 tick tock meme next week. I think some of these are still 764 00:42:08,080 --> 00:42:10,600 they're they're very difficult to dilute with the rest of the 765 00:42:10,600 --> 00:42:13,080 meme coins. So like people viewing them as 766 00:42:13,080 --> 00:42:15,560 meme coins and this is what I was saying a while back, like I 767 00:42:15,560 --> 00:42:17,160 don't think you should view them as meme coins. 768 00:42:17,160 --> 00:42:18,720 I think you should view them as their own sector. 769 00:42:18,800 --> 00:42:23,760 AI agents slash AI money, let's put it that way. 770 00:42:25,120 --> 00:42:29,840 And in that route, in that universe, they don't get diluted 771 00:42:29,840 --> 00:42:32,440 when a new cute cat comes out, right? 772 00:42:32,440 --> 00:42:36,440 Or when peanut comes out or when like this, that doesn't happen. 773 00:42:36,560 --> 00:42:40,720 So I think you can be you can also feel pretty comfortable 774 00:42:40,720 --> 00:42:46,400 that it's then less they're less cycly than some of the other 775 00:42:47,240 --> 00:42:50,200 meme points out there. And and I also think they they 776 00:42:50,200 --> 00:42:56,040 also have that like enough. I mean, I like what Kook said 777 00:42:56,040 --> 00:42:58,400 about them the other day, which is like they're just enough of a 778 00:42:58,400 --> 00:43:00,400 lot, right? Like the people who are in them 779 00:43:00,400 --> 00:43:03,160 also get that like they're not like, Oh my God, this is the 780 00:43:03,160 --> 00:43:04,480 most amazing thing I've ever seen. 781 00:43:04,680 --> 00:43:09,360 I'm not, I'm not thread guy where I'm like this is all like 782 00:43:09,400 --> 00:43:11,360 I get this is a bit of a lop, right? 783 00:43:11,360 --> 00:43:14,600 And this is a bit new, but I'm just telling you this is the 784 00:43:14,600 --> 00:43:16,240 right time, right place for that LARP. 785 00:43:16,240 --> 00:43:17,600 And I think they can all do a 10X. 786 00:43:18,280 --> 00:43:20,160 It's good advice. It's an interesting perspective. 787 00:43:20,160 --> 00:43:21,840 Thanks for sharing that. I think one of the mistakes I 788 00:43:21,840 --> 00:43:25,120 made was press middle curving zero bro. 789 00:43:25,120 --> 00:43:27,400 So I had a nice bag and then I, I was, I was sitting and looking 790 00:43:27,400 --> 00:43:30,080 at his tweets and I was like, these are good, but what's the 791 00:43:30,080 --> 00:43:32,840 mode? And like like the kind of the 792 00:43:32,840 --> 00:43:35,880 whole LARP in thing is like, is this enough? 793 00:43:36,000 --> 00:43:39,640 And clearly the market thought it was enough and, and I was 794 00:43:39,640 --> 00:43:42,000 wrong there. And what, what I like about this 795 00:43:42,000 --> 00:43:48,520 sector is a, it's, you can use your, your, your own logic, your 796 00:43:48,520 --> 00:43:50,160 own mind and evaluate these things. 797 00:43:50,160 --> 00:43:51,600 It's not just like, is this a funny meme? 798 00:43:51,600 --> 00:43:53,680 Does this make me laugh or not? Like we're, we're, we're past 799 00:43:53,680 --> 00:43:57,560 that a little bit, right. You can evaluate that the 800 00:43:57,560 --> 00:44:00,320 quality of the outputs yourself and think like, are people 801 00:44:00,320 --> 00:44:02,240 actually going to like and respond to this? 802 00:44:03,040 --> 00:44:06,160 And the the signal on Zero Bro was like a lot of people in CT 803 00:44:06,320 --> 00:44:09,600 were just like loving the content pretty. 804 00:44:10,360 --> 00:44:14,040 And if you don't love that, then I would buy GOAT because GOAT is 805 00:44:14,040 --> 00:44:15,960 just an art piece. A lot of the other ones are 806 00:44:15,960 --> 00:44:18,720 adding like the utility side of stuff, right? 807 00:44:18,720 --> 00:44:20,880 Like probably an AI agent launcher. 808 00:44:20,880 --> 00:44:22,880 They're trying to do tons of different things. 809 00:44:23,280 --> 00:44:27,160 Whereas GOAT was, He's literally saying this is a performance art 810 00:44:27,160 --> 00:44:30,520 piece, right? He's not saying that I'm going 811 00:44:30,520 --> 00:44:33,200 to add like AGI to this. And I'm not going to make like, 812 00:44:33,880 --> 00:44:36,400 I'm not going to do crazy. He is saying like he'll upgrade 813 00:44:36,400 --> 00:44:39,600 the model, but he's not trying to make this into more than just 814 00:44:40,680 --> 00:44:43,720 like that performance piece, let's say. 815 00:44:44,240 --> 00:44:45,600 Yeah. I would think the more you try 816 00:44:45,600 --> 00:44:49,000 to build, the more risks that you add to all of these. 817 00:44:49,680 --> 00:44:52,320 That's what I felt about Ava, just because Ava's kind of 818 00:44:52,320 --> 00:44:54,320 rolling out some of its initial plans and they're starting to 819 00:44:54,320 --> 00:44:58,200 show more and they're great. But like the more that you 820 00:44:58,200 --> 00:45:02,080 showcase a product, I feel like you introduce people trying to 821 00:45:02,080 --> 00:45:05,640 evaluate it like a product and what that product is worth. 822 00:45:06,320 --> 00:45:07,520 I think that's that's my concern. 823 00:45:08,040 --> 00:45:10,800 And that stuff might also go higher like virtual protocol, 824 00:45:11,000 --> 00:45:12,560 but like there's a lot of people doing the same thing. 825 00:45:12,680 --> 00:45:17,640 But now Virtual's is very similar to AI16Z, which is very 826 00:45:17,640 --> 00:45:19,640 well some of the stuff that AI16Z is doing, which is very 827 00:45:19,640 --> 00:45:21,920 similar to the stuff that Zero Bro is thinking about doing, 828 00:45:22,080 --> 00:45:24,520 which is very similar to some of the sort of stuff that like Vivi 829 00:45:24,520 --> 00:45:28,800 Vasu was talking about. Like that sort of stuff can be a 830 00:45:28,800 --> 00:45:33,000 little bit like a a race between them all to who has the best AI, 831 00:45:34,360 --> 00:45:38,480 of which I think there are some winners of which we you you've 832 00:45:38,480 --> 00:45:43,040 mentioned Logan, like you want to pick the ones that have like 833 00:45:43,720 --> 00:45:46,840 clearly devs who are shipping stuff every day and like are so 834 00:45:46,840 --> 00:45:50,240 axed for this to go well, which is like zero Row has, you know, 835 00:45:50,280 --> 00:45:55,880 it really does have. But yeah, I just, I just don't 836 00:45:55,880 --> 00:45:58,040 think you can. You can fade it even if you 837 00:45:58,040 --> 00:46:00,600 think it's a lot. Well, Logan, I know you've been 838 00:46:00,600 --> 00:46:02,840 tracking it close. Like how are you thinking about 839 00:46:02,840 --> 00:46:04,440 trading it? So like Amanda mentioned, some 840 00:46:04,440 --> 00:46:06,640 of the, the, the top plays at the top of the board. 841 00:46:07,160 --> 00:46:09,160 But I think for a lot of the folks who are grinding, you 842 00:46:09,160 --> 00:46:12,360 know, the trenches, it's not quite as interesting to play the 843 00:46:12,360 --> 00:46:14,200 majors and they're looking at new stuff. 844 00:46:14,200 --> 00:46:15,680 Sorry, are you tracking new launches? 845 00:46:15,680 --> 00:46:17,040 Like what are you? What are you folks then? 846 00:46:17,760 --> 00:46:20,560 Yeah, I'm definitely trying to track new launches and in doing 847 00:46:20,560 --> 00:46:24,360 so much like I described, I'm trying to find stuff with people 848 00:46:24,360 --> 00:46:27,800 who are invested in the success of it, not necessarily 849 00:46:27,800 --> 00:46:31,040 financially, right, like shilling the ticker, those types 850 00:46:31,040 --> 00:46:32,840 of things because that's probably a turn off. 851 00:46:33,160 --> 00:46:36,080 But people who are invested in creating something novel or or 852 00:46:36,080 --> 00:46:38,440 interesting and and it's becoming more difficult because 853 00:46:38,440 --> 00:46:39,640 there are more people doing this. 854 00:46:40,200 --> 00:46:44,800 But for example, Roparito, right, as you shared here at 855 00:46:44,960 --> 00:46:48,200 first autonomous TikTok agent, I'm not sure if that claim is 856 00:46:48,200 --> 00:46:51,960 accurate or not, but something like that is interesting and 857 00:46:51,960 --> 00:46:55,440 unique and it, it's something that I would want to pay 858 00:46:55,440 --> 00:46:57,200 attention to and be able to follow. 859 00:46:57,520 --> 00:47:00,320 And it differentiates itself from a lot of the other agents. 860 00:47:00,920 --> 00:47:02,760 There's not just that there's a handful of others. 861 00:47:02,840 --> 00:47:05,600 I I don't want to shield tickers, but just because 862 00:47:05,600 --> 00:47:08,520 there's some things are so, so small and not even on that watch 863 00:47:08,520 --> 00:47:10,240 list. But if you just kind of go down 864 00:47:10,240 --> 00:47:11,920 the. We just want tickers, man, 865 00:47:11,960 --> 00:47:14,480 People just want them. We want the tickers. 866 00:47:15,120 --> 00:47:17,680 They want them, man. You've got who? 867 00:47:17,800 --> 00:47:23,560 Who was the other day like you had Gordon chilling like 10K 868 00:47:23,560 --> 00:47:27,040 market cap meme codes. The bandits Robin ripped off. 869 00:47:27,280 --> 00:47:29,840 Yeah, the band aids off. Well, any anyway. 870 00:47:29,840 --> 00:47:33,320 I mean, you know, there's some like one that we saw it was 871 00:47:33,320 --> 00:47:37,080 shared with us by a friend who's close to AI Tyler about like a a 872 00:47:37,080 --> 00:47:39,560 conspiracy theory type thing, right, where they're trying to 873 00:47:39,560 --> 00:47:41,720 open source things like that. There's a lot of like just 874 00:47:41,720 --> 00:47:46,120 interesting slash, weird slash, just I mean, just go look at 875 00:47:46,120 --> 00:47:50,120 them and experiment with them. Often times, I know it's kind of 876 00:47:50,120 --> 00:47:53,080 a joke, the Larpy thing, but often times you can pretty 877 00:47:53,080 --> 00:47:58,040 quickly tell, like how you know how stupid or how you know you 878 00:47:58,040 --> 00:48:00,560 can compare it to the others that are active and out there 879 00:48:01,120 --> 00:48:03,680 pretty quickly and understand whether or not it requires any 880 00:48:03,680 --> 00:48:04,760 additional due diligence. I. 881 00:48:05,560 --> 00:48:08,240 Think there's a lot of opportunities in the under 5 to 882 00:48:08,240 --> 00:48:11,600 $10 million space if you can find them and do some evaluation 883 00:48:11,600 --> 00:48:13,920 yourself. Span yourself in groups of 884 00:48:13,920 --> 00:48:17,560 people who are doing similar. So a friend, Rob Maxey actually 885 00:48:17,560 --> 00:48:20,760 shared this Lola token with me a few days ago. 886 00:48:20,760 --> 00:48:24,120 This is one of the biggest winners on on the day. 887 00:48:24,120 --> 00:48:27,960 It's up to 175% at 18,000,000. This is an autonomous AI agent 888 00:48:27,960 --> 00:48:31,960 that trades shit coins but also has like a sarcastic 889 00:48:31,960 --> 00:48:35,280 personality. So they post on XI. 890 00:48:35,280 --> 00:48:40,160 Think I shared one of her posts this morning. 891 00:48:40,480 --> 00:48:42,440 I said her. I struggle with that. 892 00:48:42,680 --> 00:48:45,560 Do you call these things it or do you call them by pronouns 893 00:48:45,560 --> 00:48:47,240 like? I need your your thoughts here. 894 00:48:47,960 --> 00:48:50,480 Unless they've specified. I think I've been using it, 895 00:48:51,360 --> 00:48:56,160 though I'm not familiar with she says girl in her profile and 896 00:48:56,160 --> 00:49:00,960 maybe they've specified so. Yeah, I, I need to work on that, 897 00:49:01,280 --> 00:49:04,080 but your best autonomous AI agent that also has like the 898 00:49:04,080 --> 00:49:08,080 zero bro like type of Twitter personality that, that shit 899 00:49:08,080 --> 00:49:10,600 posts along with it. It's fun, right? 900 00:49:10,600 --> 00:49:13,440 And it's, it's enough to, to get it up to 18,000,000. 901 00:49:13,440 --> 00:49:14,640 We'll see where it goes from here. 902 00:49:14,640 --> 00:49:18,640 It probably needs continuous good content along with some 903 00:49:18,640 --> 00:49:20,760 good trades. But these are the types of 904 00:49:20,760 --> 00:49:23,680 things that you can spot in the two to $3,000,000 range and get 905 00:49:23,680 --> 00:49:26,840 some nice multiples here. Yeah, I think there's going to 906 00:49:26,840 --> 00:49:29,520 be a lot more. So like Manda mentioned that 907 00:49:29,520 --> 00:49:32,160 this is a sector to focus on, is its own sector. 908 00:49:32,160 --> 00:49:35,800 I think you could just focus just in this and do just fine. 909 00:49:35,880 --> 00:49:37,840 Like one of the mistakes I made is after chill guy. 910 00:49:37,840 --> 00:49:41,160 I spent all of the yesterday playing these stupid TikTok 911 00:49:41,280 --> 00:49:43,960 memes and lost on 10 out of 10 of them. 912 00:49:44,080 --> 00:49:46,240 Like everyone lost who who turned to this yesterday? 913 00:49:46,240 --> 00:49:49,240 I I don't think anyone won except perhaps the devs who were 914 00:49:49,240 --> 00:49:51,680 launching these. So just be careful and maybe 915 00:49:51,680 --> 00:49:54,600 focus in the the winning sectors are my thoughts. 916 00:49:54,960 --> 00:49:58,560 A few minutes left in the show. Logie, what else is happening? 917 00:49:58,560 --> 00:50:01,360 We've got a a fairly big in a team. 918 00:50:01,360 --> 00:50:04,200 It here happening today. This one kind of snuck up on me, 919 00:50:04,560 --> 00:50:06,960 but X copy is doing our blocks. Matt, what do people need to 920 00:50:06,960 --> 00:50:08,840 know about this? Yeah. 921 00:50:08,840 --> 00:50:11,160 So you see there 438 works remaining. 922 00:50:11,160 --> 00:50:14,320 There's basically 450 available. I believe the vast majority of 923 00:50:14,320 --> 00:50:16,400 those available to allow listed parties. 924 00:50:16,960 --> 00:50:19,400 If you don't know if you're on the allow list, there is there's 925 00:50:19,400 --> 00:50:22,960 like a thread via Artbox that has a Google Doc list with that 926 00:50:23,880 --> 00:50:28,800 just another X copy via Artbox engine, but another edition Mint 927 00:50:29,120 --> 00:50:31,920 icons. I yeah, I see XNS. 928 00:50:34,120 --> 00:50:36,600 These don't mean much to me looking at them. 929 00:50:36,600 --> 00:50:39,360 I was not this is not my favorite X copy that I've seen, 930 00:50:39,760 --> 00:50:43,160 but X copy as far as you know, if people feeling wealthy on 931 00:50:43,160 --> 00:50:45,640 chain talked about status, talked about crypto punk price 932 00:50:45,640 --> 00:50:48,640 movement upwards, people feeling wealthy on chain X copy is one 933 00:50:48,640 --> 00:50:51,000 of those names right where you can feel wealthy and flex a 934 00:50:51,000 --> 00:50:53,000 little bit. So it would not surprise me to 935 00:50:53,000 --> 00:50:56,840 see this do well. But give us. 936 00:50:56,880 --> 00:50:58,560 A fresh prediction. Give us your price prediction. 937 00:50:58,600 --> 00:51:01,640 There's 500 of these. 500 we're. Mincing for .0. 938 00:51:01,640 --> 00:51:05,800 It's basically a free map. Couple ETH maybe is that high? 939 00:51:05,800 --> 00:51:08,640 I don't know. There's nothing about I don't 940 00:51:08,640 --> 00:51:10,360 know. I I think I'm using the the fact 941 00:51:10,360 --> 00:51:12,920 that like I just don't like the look of these, perhaps holding 942 00:51:12,920 --> 00:51:15,920 that down a little bit. I'd much rather have almost any 943 00:51:15,920 --> 00:51:19,720 other X copy personally, like a a grifter or something like that 944 00:51:20,560 --> 00:51:23,120 rather than chucking a couple ETH or something like this. 945 00:51:23,120 --> 00:51:25,640 I. Think the problem with this one 946 00:51:25,640 --> 00:51:28,320 is if this was any other artists by X copy this would be a floor 947 00:51:28,360 --> 00:51:31,360 or blocks collection. It would be like point O1 ETH. 948 00:51:31,360 --> 00:51:35,240 It's probably a fair price, but it's X, so it probably will be 949 00:51:35,240 --> 00:51:38,600 in the one to two ETH range. We'll certainly see. 950 00:51:38,800 --> 00:51:41,720 We'll be following that market action today for sure. 951 00:51:41,720 --> 00:51:45,200 And then one other, one other exciting item, but with the Joe 952 00:51:45,200 --> 00:51:48,320 piece, had a big day yesterday. I'm sure folks in the art crowd 953 00:51:48,320 --> 00:51:51,760 are talking about this when he sold a 30 piece edition for 954 00:51:51,760 --> 00:51:57,440 about $1.1 million. But our very own Ovie big day 955 00:51:57,440 --> 00:52:00,240 tomorrow, perhaps the biggest day rec coin. 956 00:52:00,880 --> 00:52:05,120 Rec coin is coming at a not the best time for those of us who 957 00:52:05,120 --> 00:52:07,680 are in Central. So it's 10:00 AM UTC. 958 00:52:07,680 --> 00:52:12,040 That is 5:00 AM Eastern folks. Tomorrow morning, 4:00 AM for 959 00:52:12,040 --> 00:52:14,320 me. So I'll be getting in bed early 960 00:52:14,320 --> 00:52:18,000 tonight. It is time to get wrecked. 961 00:52:18,600 --> 00:52:22,680 He did share a some of the initial tokenomics behind this. 962 00:52:23,080 --> 00:52:27,600 63% for the community, a very nice chunk there. 11% for the 963 00:52:27,600 --> 00:52:33,040 eco, 15% contributors, 7 1/2% for brands, 3% for advisors. 964 00:52:33,560 --> 00:52:36,280 It is going to be a a big big day. 965 00:52:36,280 --> 00:52:40,200 It looks like the Drake points owners are getting 24% of the 966 00:52:40,200 --> 00:52:42,760 tokens. Rec Guy holders are getting a 967 00:52:42,760 --> 00:52:47,920 chunk as well. Mando rate the excitement levels 968 00:52:48,040 --> 00:52:51,080 from from your good pal Obey here headed into tomorrow. 969 00:52:52,160 --> 00:52:54,400 I think head's been down to get this. 970 00:52:54,600 --> 00:52:57,320 I mean, is this is come as a surprise to anyone. 971 00:52:58,760 --> 00:53:01,040 I I don't even know what to say. I think it's been hinted at 972 00:53:01,040 --> 00:53:03,800 very, very regularly for a long time now. 973 00:53:05,080 --> 00:53:07,600 There was a points program. You can't just like get in now. 974 00:53:08,640 --> 00:53:13,160 They've been going on for months regarding rec drinks and rec 975 00:53:13,160 --> 00:53:16,320 guys themselves. But yeah, the coin will be out 976 00:53:16,320 --> 00:53:21,320 tomorrow. Enjoy D Jens because. 977 00:53:22,080 --> 00:53:24,200 Enjoy indeed. So tomorrow's show is going to 978 00:53:24,200 --> 00:53:26,440 be an absolute banger because this thing is going to be live. 979 00:53:27,880 --> 00:53:33,560 Rep guy versus chill guy. Yes, hopefully a battle to 980 00:53:33,560 --> 00:53:35,520 billions. ETH rips. 981 00:53:35,520 --> 00:53:36,760 Let's see. Let's see what happens. 982 00:53:37,920 --> 00:53:40,240 Well, I, I think you guys have been alluding to it, but like 983 00:53:40,920 --> 00:53:45,320 not a bad time for a new coin to drop on ETH, right? 984 00:53:45,320 --> 00:53:47,640 I didn't really feel like there's been much new action 985 00:53:47,640 --> 00:53:50,120 over there. I couldn't believe it when when 986 00:53:50,120 --> 00:53:54,360 the timing happened, I was like, Oh my God, like ETH has been 987 00:53:54,360 --> 00:53:58,520 dead for so long. Hopefully, yeah, hopefully this 988 00:53:58,600 --> 00:54:01,800 cooks. Good backdrop for sure. 989 00:54:02,200 --> 00:54:04,720 Well, I think we went around the the horn there. 990 00:54:04,720 --> 00:54:08,400 Logie, anything I missed on your list? 991 00:54:09,440 --> 00:54:12,080 No, Nope, nothing on mine. Nice. 992 00:54:12,680 --> 00:54:15,040 Well, I think we can go ahead and call it folks. 993 00:54:15,720 --> 00:54:17,160 Fun show. Thanks to all of our listeners 994 00:54:17,160 --> 00:54:19,440 for tuning in. Thanks to my Co host. 995 00:54:19,440 --> 00:54:22,720 Thanks to our partner Galaxis. We will be back tomorrow at 996 00:54:22,720 --> 00:54:26,280 10:00 AM Eastern. As always, till then, go make 997 00:54:26,280 --> 00:54:27,560 today a beautiful day. Goodbye.