Oh, yo-yo, wait, wait, wait. I'm supposed to do song to them?
God damn it. There you go. yo-yo, yo.
What up? What up?
Good morning. Good morning, MD.
No one knows. Thursday.
This no January.
God damn dude. OK, this.
OK, there you go. Oh my God, what's going on
today? What day is it?
Thursday, February 2nd, 2025 What's my thing now?
5555 I don't even have a thing anymore.
J 2025 look at that another beautiful day to have a
beautiful day. I got my one coast in the house
because the other one is not locked in.
Mando, good morning. How you doing today?
I'm locked in man, how are you? I know you're locked in.
I would think you left Portugal in these holidays.
No locked in. There you go.
Locked in, logged in.
You absolutely love to see it. That's not the case for Tyler.
Did it. Tyler is not doing it.
OK, Tyler, I know you're going to listen back because I texted
you that I'm calling you out on the show, but it's OK because we
can't wait to have you back. I mean, this is your Super Bowl,
Tyler. This is like this guy should be
running laps. You know, I used to make fun of
him three months ago. This motherfucker was like on
the AISBT Asian terminal, like 20 million market cap, you know,
shitting us fart coin on the dip to like 20 mil.
So Oh my Lord. ANYWAYS, first show of the year,
ladies and gents. First and foremost, a happy New
year to everybody for myself, for Mando, from Tyler, from
Sam's, from Bernie the foam, our crew, from the rock radio crew,
from all the teams over here at Dustin Myriad, etcetera.
We are very excited to to enter this new year.
I mean Mando, wow well, how many years have you been hosting this
for together 2029212222 when Ray Reedy launched, you launched
your show smoking jackets. So we've been we've been at
this. We've been at 2022-2023, 2024
and now on to for a fourth year, 444 fourth year of of hosting a
morning show. Look at that the best morning
show in the game, mind you. And let me tell you all this
year is going to get crazy for sure.
But anyways, today on the show today, listen, we'll keep it.
We'll keep it simple. We'll probably keep it short as
well. Unless, I mean, I don't know,
friends decide to join me, go off for another two hours.
But I got work today. Sorry, like December 31st.
Where or where? Where, where I can.
This is just this rainfall for hours.
But the last show of the year was incredible.
It's been posted by myself by Mendo on all things AI and looks
like we were right. I mean, the market cap of these
things, you know, went absolutely crazy post show.
We're doing the show, but we'll talk about that anyways.
So we'll go through the market, we'll go through, we'll go
through through through topics of the day.
There's quite a few things to cover actually.
And then wow, wow, the market cap since that shows $3 billion
off Nice. And then last but not least,
we'll do a little bit loot box spin and pick up lucky winner.
So we don't have the the whole spinning thingy thingy thingy
yet. We'll just pick someone from the
audience again because, you know, because Sims, Sims is not
there, still not there. You know, I was really nice.
He asked me for a couple extra days off and I said yes.
But maybe I, I'm, I'm starting to regret that.
Sorry to regret that. I'm taking notes for next year
anyway, anyways, make sure we tweet the rule.
Make sure you follow for Mendo and I and that's going to be the
requirements for, for winning today.
So if you want to win today, make sure we tweet Twitter
spaces. Make sure you, you, you, you
retweet, you follow us and then we'll let you in.
But anyways, Mendo, Mendo, Mendo Mendo first one of 2025.
It's, it's poetic. It's only it, it makes sense
that we're starting it together. My, my, my Twitter Spaces, wife,
husband, second-half better half.
Let's talk to you. Can you?
Take it. Yeah.
GM, everyone, can you hear me? OK.
Is my mic OK? I hear you.
I mean, I don't think you're coming out of your mic, coming
out of your headphones. I'm not coming out.
Yeah, I think you're going to be coming right now.
You're fine. Mark is looking OK.
No, we came back relatively strongly.
It feels like and I think again without being beating this
narrative too much is because of this AI stuff that people are
thinking that this could be another leg up next leg up for
for crypto here. We saw Bitcoin kind of go back
towards 97 K 96 1/2. Now Solana was the real real
mover, right. Solana was trading in at 1.
Where did it hit that low like 170 area?
It hit one 6169. I think it hit, I'll share that
both of them June 6 now. And so importantly, yeah, like
it it was some of like the really long term moving averages
were looking a little bit dangerous there and then ripped
right back up. I think mainly because it's had
such a strong narrative here with AI and alongside Bass, it
feels like it's going to be leading that whole play.
So that's been very, very strong.
I still, like I said on this show on the last day of the
year, I I really like Solana here again as one of the majors.
I think it got beaten bad because of these unlocks, but I
really do think it's in a good position right now.
So, so long being the our performance in general, people
getting more bullish about crypto.
The mind share of AI agents is like 60%.
Like AI is just like dominating all of the crypto mind share.
This figure which was at, you know, 11 or 12 billion on
Monday. It was 14.24 billion when you
and I did that show on the 31st. Right.
So we're basically adding like one or two billion a day at the
moment. It it, it obviously stuff is
looking vertical right now. And I'll be very.
And what we saw today was a few like finance listings, a little
bit of, you know, just like, OK, finance features listings.
This may take a little bit more time that sort of stuff to to
like fully rally. But I do think that this is
going to continue to be the, the strongest narrative at the
moment. So that's been that's been kind
of dominating in terms of macro stocks had a Goodyear like on
the back of the back-to-back gains over the last few years
has been the best since 1998. So that was near when you were
born for? Literally I was two years old.
You said 1986. Right, well, 99890.
Eight. Oh yeah, sorry, I was 40.
They're blue, you know, 1998. Big year, big year.
So very Goodyear for macro really in general.
We've started the year OK ish. I think the main thing here will
be the jobs figure, which is coming out next week on Friday.
Oh, my stocks have started up marginally higher bond yields.
The 10 years hanging out like 4/4 and 1/2 percent, which is
kind of the important thing there.
I think that like the the story, as we've already said from macro
here is like, will Trump lead to inflation?
Will he lead to tariffs? And, and like any potential
fight around that I, which I think is it's like actually a
credible thing to be worried about.
Like you did lead to tariffs last time, but maybe it's
overblown at this stage. But that's, that's why I think
the whole market's taking bit of a pause about whether it should
RIP higher or not. Crypto, on the other hand, you
know, it's found a new narrative here.
I really do think that it's found another narrative, which
if meme coins were the one that sustained a lot of the activity
in 2023, I think a lot of people will be looking to this to be
one of the main narratives that like sustains interest, sustains
trading in in 2025. So that's what we've seen
already. It feels like a lot of people
are coming back looking at this stuff first thing and and kind
of piling in. I know all I get asked for is
tickets all the time, which is just kind of funny.
Like I felt like we had that two months ago around all these
memes. To be fair, we had that for like
months with these memes, right? And then now suddenly it feels
like it's happening again with with these AI coins.
So very, very, very, very high interest in anything that can go
up, go up higher in terms of like the specific stories from
today. I, I guess the main thing has
been that a, a number of these different coins were listed for
Futures Trading on Binance. This is not really a surprise
that they were, they were, they were kind of already on the
alpha program, but you had Griffane, you had AI16Z and you
had and you had zero bro all added to Binance futures today.
It's been a mixed bag of of performance after that, if I'm
honest. Obviously Goat and Fartcoin had
pretty bad performance directly afterwards.
AIXPT and virtuals didn't. They were actually OK, albeit
they were AIXPT was at a much lower market cap.
And yeah, let's, let's kind of see what happens here.
But I think there'll be a lot of focus on, yeah, like is this a,
is this going to be the same like 40 to 50% retracement that
we generally get in finance futures listing for AI16C?
In which case I think it could reprice a lot of the coins, but
because a lot of them are basically similar propositions
to AI16C to a certain extent. And so AI16CS kind of dipped to
around 2 billion. It was trading at, sorry, $2.00.
It was trading a decent amount hard on that just before the
news came out. It feels like Virtual's is still
hanging out around 4 1/2 to 5 billion.
So and you saw far coin actually be the biggest gain of far coin
now in the top 100 points. Another mean point, enter the
top 100. FAR coin here hit 1.4 billion
earlier today. That was wild.
Coin that had gone, you know, like you look at that chart,
it's gone sideways for a little bit and then and then just kind
of broke out. This is kind of why I have now
become a believer in kind of owning a bit of many things
rather than just like being one. I think.
I think, you know, you could have been in just AI16Z today
and been like annoyed or you could be in GOAT and Farquine,
which are in better days. I think having a mixed bag is
probably not a bad shout here, which is kind of not how I
normally trade at all, but it feels as though it's probably
the best given the situation just because it's so uncertain
What is your like? In fact, I don't think there's a
crypto puncture or a Pepe or something like that this time.
I think it's like potentials and I think having smaller ones and
seeing how they run across a range of them is probably best.
So it's I think there's something to be said about like
also owning coins which aren't on the Binance futures list, you
know, or like are not yet listed.
So a few of those smaller cap coins have done better over this
period, at least in the means that is you had, I mean you had
like four or five different coins hit all time highs in like
the mid caps, the like wifu or the Baifu, wherever you want to
pronounce it that one. Cookie cookie itself bro, the
the one tool that we keep talking about or I was looking
at that yesterday. It was crazy.
This is how you know you're in a bowl.
Yes, I was looking at it and fully diluted.
It was 50 mil and I was like, oh, I'll just buy the dip.
Woke up it's at 100 and it was already up like 3X on the day it
was at It was already up 100% when I looked at it yesterday
and I was like I'll wait for tomorrow.
I waited. Tomorrow it's up another 100%.
I think that is that is the market we've been in.
I I would say that the funding rates on a lot of these like if
you go into hyper liquid, can you?
Check can you check the funding rate on on these coins on on
hype? Yeah, if you if you, if you
press a drop down, No, yeah, there and go to perps.
OK. And.
Then you sort by pay our funding down, down, down.
No, I see. You see how like one of the
columns is called 8 hour funding.
AI No. No, one of the columns is called
8 hour funding. Like the columns down you see?
Yeah, there's see it's a symbol, last price, 24 hour change.
Yeah, Yeah, yeah, yeah. OK.
Yeah. Sort by.
Sort the other way. Sort the.
Other way. OK, there you go.
Right. Now.
In time. Here you go.
Let me zoom in for people. There we go.
OK, we are here. So click on Far Coin, for
example. Yeah, click on it.
And then you hover over its funding rate.
Can you do that? Yeah, hover over that funding
rate in the top right. In the top right, there's a
naughty point. Naughty 2. 15 I see, I see.
Yeah. So it's a 200% almost annualized
to be long far coin right now. Like there's a lot of this, I
would say is that like the coins which actually have particularly
some of the lower caps which have funding, they are getting
like absolutely insane levels on funding, which is why we had
this like when you have drops at the moment, the drop is like
4050%. It's not like, oh, you know, 5%
so and that was the same this morning for AI16Z, which
probably dropped 2030%. You had, it was the same for
AIXPT, which is actually not having a great day.
That's down 2020% it looks like. It was all time all week though,
yeah. 00 bro, it was the same. So like you're basically seeing
this like a bunch of these just had a bit of a like a leverage
reset, which is not terrible, not terrible, but like be aware
of that. Like if you are, if you're one
of these people that goes, I think this is interesting or I
think I can make money on this to get the interesting bit.
And but I don't know if now's the time to buy, pay attention
to the funding rates because like there'll be some of these
coins like fart coin right now you have to like, oh, you know,
I can't, I can't stand it if fart coin goes up another 10%
because like I saw it at like 100 million.
The funding right now be long. Fart coin is 200% a year, which
tells you one day if it's not today, tomorrow or the next day,
it will drop 30 to 40. Yeah.
But what you have? Well, you buy it is the
question, right? Like you remember you.
You are increasing. This like on Boxing Day 26?
You're like I'll nibble, but yeah I'm I'm willing to bet
nobody else did like maybe five people.
I'd only one person about the Farquin dip.
I couldn't even buy it because I was already all in so I didn't
never sold in the 1st place but like.
Well, you buy what I'm saying though.
Yeah. And even if you're long, this is
actually another interesting point.
OK, if you're long some of these and you're like, you know, I'm
scared. I don't want to sell them.
You know, you can, you could short a little bit like for let
me just piss you if I said right now, like right now you could,
you could short far coin 3X, let's say.
So it'd have to go up to like over 2.
Dollars mute special. And you'd make 200% a year and
you can sit down and just be like, you know, on the days
where I feel it's a bit frothy or it's up 50%, I don't want to
sell some, but I, I do want to like block into profits.
You could like sell, you could short 10% of your back, 20% of
your back. And then you feel as though like
you're always taking profits. And if if not, then it goes
higher and you're still you're still up.
So like, I think it's an interesting trade either way.
When it's the, the funding rates start to go this high because if
you're not in not involved, these will have huge Wicks
lower. And if you are involved, pay
attention to the funding anyway, because like, even if you're
like, you know, I don't want to sell this thing, sometimes a
really good strategy is just to sit there and go like, OK, well,
I'll just show a little bit because then, you know, I'm not
going to. I can't really lose money, which
I think is kind of a fairway of doing it.
So I think that's what we're really seeing right now is that
Futures Trading, in my opinion, is taking a bit more of a
important role. I would say now that Binance has
got the moral list of the futures, remember not one
single, not one single tier one exchange has listed any of these
coins for small nothing. Nothing, do you think?
Coins, Yeah. What?
What are you? Waiting on.
Not not go, not far coin. None of them have been listed,
so all the highest coins have only been listed for futures.
I, I, I I suspect that Go and virtuals will be very soon for
like they've been on. Purpose the longest right like
it look they've. Been on purpose, yeah, they've
been on purchase for months now and and I think they both have
enough there that people will be like OK, purchase is at 5
billion like we should probably list this and and even though
it's not been like the most active for for perps, but and I
think that'll be the same for for, for go as well.
So I think the next thing would really to be who's going to
start listing these for spot and it I just think I just don't
understand why they don't list it for spot.
Like it's so crazy to me. It's just so scammy just to
like, right, we're just going to list these guys for perps.
We're going to make a ton of money out of you guys either on
funding or liquidations and. I know why I think.
I think that these exchanges understand cycles better than we
do. And I think they may wait for
the right time honestly, because what if, what if that already
listed them for for for spot. Look at Peanut got listed for
his spot went to what, 2 1/2 billion and has been, it's been
tough. It's been a tough try.
I remember you, you did very well in the short right.
You think that's why maybe they're waiting for that right
time because these exchanges have been around longer than us,
right? They have data that we don't
have. So then, so then let's go, you
know what I mean? Like they just start listing
these in my opinion. Please put my boys bags God damn
it you. Know you can't just sit, you
can't just sit there and be like, yeah, we really support
all these like this sector and think it's going to be the
future, and then we're just going to list you for perps
OF300X leverage. It's like trying to dive in more
money, let's be honest. I mean, work's over there, bro.
Oh, that's crime. Everyone knows.
Everyone knows what's going on. Yeah, I guess you might want to
list them on a bad day or something like that.
Like, I get that, but at the moment you're still listing any
of them. So I think what we will see
though is either Coinbase takes the first step here or finance
gets more aggressive. Finance is obviously getting
aggressive with futures. We'll see if Coinbase Coins has
futures as well. So maybe it does that as as
well. But it would be interesting to
see if it lists like virtuals, in particular I think Coinbase
tends. To run the Binance playbook.
Hey, I noticed that they tend to not really run it like like
Nance. They don't really do the whole
like perps crime and stuff like that it seems or do they?
Coinbase has not traditionally has not been that big a perps
exchange. They don't really have.
They've never really had perps in the in the US, right?
At least not for a ton of products.
I'm not sure if they haven't. Proven.
I don't know you want to say perps on Coinbase.
I don't mean that as a as a stab, I'm just saying like no.
They're Australians that all treat.
Someone else? So you curious, it's not
something that I think regulatory they have issues, but
like actually you'll notice this that a lot of perp platforms
aren't available in the US or in Europe and that's because
there's there's a bunch of like added regulation around that.
So like Buybit is not available in lots of Europe.
So is so is neither is OKX for perp.
So often if you can only trade spot in some of these places.
So, yeah, but the, whereas Binance, yeah, Binance just gets
it done. So finance is, is easily the
biggest for, for perps. So they're, they, they, they
come in and, and do a decent amount of their volume there.
And that's where they're focused for the listings very clearly as
well, even though they're, they're behemoth for spot 2.
But I think what we see here is probably a bit of a
consolidation. I, I, I don't want to say we're
going lower because I really don't think we're going lower.
And I think it'd be, it'd be wrong to sit there and think,
hey, this stuff's all going to drop 50% and I have some
incredible entry. I don't think that's what's
going to happen here. I think you've got to be very,
very vigilant on the days where it's bad and you see like a
dunking on the timeline. Like I wrote down to myself on a
notepad by AI16Z, like just buy it.
Like whatever happens here when it goes lower, just make sure
you're buying it. I think you should have those
coins where you like. I made my mental note this
morning. I I made literally I woke up
this morning and I was like, you're going to buy all these
perps listed tokens as soon as they dip.
I I same as you, all of them AI 60.
I don't care what I think of them.
AI 16 zero bro Griffin and what's your 4th 1:00 AI0 bro
Griffin There was a fourth one that was listed I.
Think that was it? That was.
Yeah, what was that? It was ARC, but it's not listed.
But I I told myself like every single one of them I am going to
buy on the next dip. All of them I don't care because
if two or three stick of money. Look at well for example today
for AIXPTS down a decent amount, no.
One sorry, you can look at that and be.
You can look at that one and go like, hey, maybe, maybe today's
the day. There will be a day Robin
Dunstan. Oh, this thing's zero.
And then I reckon AIXPT will probably come back and go to a
Billy's and and we'll all be like, oh, but did you buy that
day? This has been the first couple
of down days for that token for a long, long time.
I don't, I don't really have. I have like a small perp
position now in AXPT just because it was down so much and
I was like, OK, you know, you should buy them.
But I think that's this is this is the other thing I guess we've
spoken about a few times. Just sort of like, I think the
range of different buyers for these coins is actually much
broader than your average memes coin.
So like you will have liquid funds to buy this, you'll have
retail guys that buy this and you'll, you'll have all coin
people that buy this and meme coin people that buy this.
So the concept they're like, oh, the mean coin market's down.
You know, all these coins are going to 0.
Like, I don't think that's what's going to happen here.
Like I really don't. I think there's always going to
be somebody at the moment at least that can pick up these
bags. So I think I think you've got to
be a bit disciplined also that if you've missed it to, to look
to buy them on the on the dips, If you completely, completely
think it's all going to zero, I'm not trying to convince that
person. I'm just trying to say that if
you're one of these people that's like missed it and
thought I'll buy it on the dip, the timeline on those dips, I'm
telling you right now will be dunking the hell out of all
these coins. They'll be like you mean
remember what far coin was like at at 6000?
I heard that they were all dancing.
They were all tweeting me too me deep.
Well, like because I I've just been super like I don't care.
It's far coin Solaris, so I will tweet about it all the time.
They love it when it was 60 minutes, 600 miles, like, Oh,
it's over. Right.
And I think I think you've got to have that sort of mentality
of like when the timeline is dunking on a token in a sector,
I do think it's time to look at it for sure.
Like it just feels as though there's going to be there's
always going to be somebody that wants to take a punt on all of
these. Like even GOAT right now, like
people are dunking on it a week ago, it's up.
It's nearly doubled since since that, right?
It's just the same thing with it's it's.
I think it's a Solana thing in general.
Like I tweeted about this. You, you kind of tweet, I saw
you tweet about Solana this morning quite a bit.
And even I replied to it was like there was no if, but you
know, it's just like Solana has become a thing where it's just
like it's always, Oh, but it's going to go down.
Oh, it's going to, it's going to, it's going to fall.
Oh, but the, the unlocks, but the unlocks, you know, Oh, but
the, but but everything's happening on Solana memes,
utility. Even Jesse love Jesse from base.
He's tweeting about how do we get Solana traders on base?
You know what I mean? So it's, it's just the, it's the
story of the school. It, it's, it's always like that.
Like when's the next dip? We don't know where the next dip
is. We don't know.
We don't have crystal balls. It's going to happen.
Just just be up and down. He, he just told you guys like
just the funding on these coins is insane, right?
And now that they're on perps. Yeah, there's a dip every day.
This is the great thing about. Them they trade fart coin.
You could pick one coin. You know what I know what's
funny you could pick one coin. I had a friend a few years ago
he made his living off of Tesla. So basically he the only coin
heat trail and stock decision was Tesla.
That's it. Nothing else options right up,
down, up, down, up, down. It was like that, right.
It was kind of like a shit coin, still kind of is, but you know,
it's you could deal with far coin.
You have like 20 thirty 40% dips every day, you know, and and you
have an opportunity to buy in every day, every other day.
So it's the same thing, the same thing.
Exactly. But even that thinking right,
saying Solan ecosystem consists of 90% rugs and scams.
It's the same thing on Ethereum, same thing on Sui, same thing on
say, same thing on all the fucking chain.
It's chains that you guys trade on, rugs and scams everywhere.
I think, yeah, I think if you even actually, even if you hate
this thing and you're like, I hate all these coins, they're
all going to 0. Just buy Solana here.
I'm telling you right now because there's enough people
that believe that this is now going to be the thing that
people are going to be trading the hell out of Solana for the
next for the next few months. Like this is not a narrative
that just dies tomorrow. So maybe buy, maybe buy Sol by
JLP if you want to buy that let's.
Go, there's another AirDrop coming.
You have Camino, you have like so many capability coins on
Solana as well. But I would just buy Solana to
be clear, like I think Solana, it's under, it's underperformed.
And I think that's the one that you can just play on.
You know, like Solana went up this cycle.
It went from trading at what, 1015 to 150 on the back of the
mean coin cycle, right? Did 10X on the back of.
That from the back of the AI cycle.
And now you're talking about another cycle here, which is the
AI cycle, I think. And I think honestly, this is
the potential to go to, to, to like really make Solana
outperform. And there was some talk today
about like a rotation back into meme coins.
I think that's, I don't think it's a rotation system as I said
before, right? It was Eugene tweeting about
that, but I didn't understand what news he was talking about.
Well, he he remember because futures.
Futures normally kills tokens, right?
Yeah, I don't think. That's who is The Who is the
majority bar of these coins right now?
Like the majority bar of these coins are altcoin traders and
liquid token funds who won't buy the You won't buy the memes,
right? Let's look at Whiff, Let's look
at Pop Cat. Let's look at the Mirad list for
a second, would you? Rather.
By the way. Right now, you know, I think
people are aware of the Solana like meme coins, which I like,
like the memes, but I, but I, there was a piece out by
Dragonfly, who are a very well known VC in, in crypto, who said
that they think the AI agent coins are going to continue to
outperform the mean coins. And I would say, you know,
that's just somebody that's like, who cares?
But when you, when you have one of the biggest VCs in crypto
saying that, that tells you that they're investing in that, that
tells you that all these guys that that basically faded mean
coins and were involved in things like Lido are now going
to be like, right, let's buy some of these coins because this
is their left curve play. If, if all these token funds
weren't allowed to buy memes, which is kind of what my
original thesis was for GOAT, like it was like allowed because
it's like a bit of everything. But now you have this whole
space which has developed around it.
I think that this is the left curve play for those for those
like institutional crypto funds basically.
So let's obviously still have a very, very healthy bullseye that
this could all be a LARP, that, you know, strong beliefs,
loosely held. Like things could all turn.
As I've said before, the funding is incredibly high.
So if you just want to just make money, do what Farooq just said,
like just wait for the day where it's down 3040% and then buy it.
But you have to buy it. You have to buy it.
You have to do it. Either hold it or buy it.
Like when fucking was down 60% and I was down like 7 figures
like I ain't trying to sell it there either.
Like don't sell it on dips either.
Like if you have a conviction, play fucking stick to your
convictions, right? Just stick to it.
I think that's the place like either stick to your guns.
If you're not trading and you know, you know, don't be a bit.
Of a bit of energy. Now, what do you think, people?
Lose a lot. Well, I think people lose a lot
of money with that sort of mentality as well.
This is what like know if you're actually in it for the
conviction, like, Oh my God, I've done my research and like,
I actually think this can be something huge.
And if this does drop 40%, I'll still hold it or I won't just
like FOMO into another coin and know the ones where you're like,
I'm buying it because it's on some ticker list and I, it's
been going up every single day and I have to own it.
And if it's that and it drops 20%, that thing might drop
another 3040% just because of how volatile this stuff is.
And, and you'll probably, you'll probably get destroyed.
So I think anything that you're buying here, you have to have
some level of conviction in like you need to think it can drop
3040%. AI 16 C could easily drop 3040%
here easily. I know it's a 2 billion, but
like or 2 1/2 billion so so easy.
It's high funding. There'll be some levered Wick.
Maybe some news comes out about Bitcoin.
Who who the hell knows it'll it gets smoked.
Everyone's like, you see everything on the timeline being
like, oh, everything's deaf. Like that's when you buy it if
you have your money in cash. Yeah, I, I, I would love that.
I would absolutely love some more FUD.
I mean, we like we said tether FUD went through, then we had
another thing happen and now we have China FUD is loading.
So just expect some news about China in the next like I said
last week, right, So the next week or 10 days, like just
expect something about China banning Bitcoin.
But on the other side, though, let's I know we haven't been
covering too much shoes because we've been doing more market
talk with since it's just you and I, but it's news this
morning. Morgan Stanley, the one bank
that's been de platforming a ton of crypto founders for being in
crypto now decided to to look into crypto.
Actually, it seems like yes, Sir, E*Trade charge E*Trade
Charles Schwab exploring spot crypto trading SEC accounting
guidance for PO approvals by bank regulars are key
conditions. Moves could introduce more
capital into crypto markets as well as foster competition.
So they say. Morgan Stanley's online stock
trading arm E*Trade. This is point adding crypto
trading in anticipation of a more favorable crypto regulatory
environment under the in the incoming Donald Trump
administration, according to two people familiar with the firm's
plan. Big if true.
See this is a Trump up. Trump, Trump.
Yeah. I think part of this is, is a
trump up for crypto in general. I do think that now we have the
sell off in Bitcoin and I thought we you know, we're going
to chop around with with macro for a little bit.
But I do think a couple of days before the inauguration, people
will probably start buying Bitcoin.
Whether that that lasts and whether that's just a pump, I
don't know. But like, I think people will
buy Bitcoin into the the idea that he might sign an executive
order on day one like this. Yeah, I do think that might
happen. Bitcoin's still hanging out,
right? 96 K, right.
Like there there is a very easy world where that that hits all
time high on the election, on the inauguration day.
And after that news, wow, somebody just whipped.
So have you heard about this? Like on Kraken, there's this
massive Solana bar. Yo, so I saw that the person
bought like $30 million yesterday.
Yeah, so he just wicked. He just wicked Solana to 280.
Hold on, let me open my cracking account.
You listening to the show? Are you listening to the show?
Crack and buy. Yo crack and buyer.
So dude, the day we were pull posting Solana he he wicked it
also see we're This Is Us. This is the power of FOMO hour.
Wait, how do you I check? Fuck.
Hold on. Where's my cracking shit?
Hold on. It's OK, there's only 30 grand
in there. Hold on.
Where is I opened my own crack. I do use cracking Now you all
know I use cracking. Hold on.
How do I? It's a cracking pro.
There you go, cracking pro. Hold on.
Let's open the actual cracking chart for Solana, right?
Because that's the one that's like wigged, right?
So who? Who is that person?
I don't know but they they clearly listen to the show.
Like who? Where do you see that wake up?
We're causing the. We're causing, we're causing AI
coins to go high during the show.
We just caused the Solana to go to 280.
Wow. Fill the Wick.
Fill the Where'd you see that? I don't know, it's just on my
timeline and somebody put it in the comments.
As well find it we don't care about pump fun dude.
Eight hours ago. We don't care about pump fun
selling salon, dude. I don't know.
There's like maybe it's pump fun buying back, I don't know.
Yeah, Pump Fun is selling. They're using Kraken to sell,
right? There you go.
OK, Marty. Marty party, baby.
Marty party. There you go.
Look. For that.
Bill, Bill, the it's your job now, everybody to just bull post
all year long. If you're not bull posting all
year long, just don't follow me. Look at this.
So a lot of soul. OK, so there's another
conversation I want to have with you because you and I had
similar takes on the timeline, similar tweets, and then we got
quoted by Sammy. You called it February 2021 and
I called it February and I called it January 21.
Did you see that? So I I think you and I had.
Similar your tweet. Your tweet was like a few
minutes off the mind. You'd read my tweet.
Brother, you can read. My.
Tweet brother, Brother, you said bodies haven't minted yet.
I tweeted that six months ago, OK?
You. Read my tweet.
Hold on, hold on. I think you're wrong though.
I don't think we're in February 21.
We're in January. No, I didn't.
You're my. Tweet It's OK, man.
I did not. I actually disagree with you I.
Disagree with you? Man, let's.
Check. Let's check with time.
What time did you send your tweet at?
I don't know, let's check. Let's just check with time.
You tweet too much. You you fuck you dude.
Where is your tweet? You tweet too much.
I I came back from holiday and decided relentlessly bull
posting again. Good as you should.
OK. So the time, the timing of that
was. 32 hours my. Is it 2:10 AM my time?
So I don't know what time that was your time.
OK, where is mine? Hold on.
I also did tweet a lot. All right, chat, do we think, do
we think Farooq is a lot? And and so my tweet first, let's
see the time stamp. Chat.
Chat you were the check the check the check this page you
were. Bearish going to the series.
OK, I'm the real bull here. I'm the only real bull.
Out of all of our homies, I'm the one.
Even the. Very odd predictions on this.
Here we go there. You go see 13 hours ago, 13
hours ago. Both of them?
What time exactly? What time exactly?
9:38 PM Eastern. What's that?
9:38 PM. And yours was at 9:10.
You're beating by 28 minutes. Hold on.
Do you want to see this? You see this?
No. You want to play this game?
OK. You see this?
Take over here. You want to see this?
Take over here. You want to go see what?
I tweeted this shit out. You read it. 20 minutes later
you were like, oh, I've got. No, no, no, no.
You're insane. I've had this like new concept.
You're insane. You're fucked.
You know I'm right though.
You know I'm right. We're not in February.
We're January. OK?
We're in January. You guys.
You guys all wrong. We got the double quote by
Sammy's fucking newsletter this morning.
I was like, I just tweeted mine. 20 minutes later, hold.
On Where's Sammy's newsletter. You don't see it.
There it is. It is.
I just found it's found it's found it this one.
There we go. I was like, what?
Is this benchmark comparisons to last cycle?
Oh my goodness. Oh my God, it's so funny.
Oh my God. Listen, I thought I knew Mando's
wrong. We're in January.
We're not in February. We're in.
January, you know. Why?
Because you said you. You contradict yourself.
You say Beeple hasn't sold for so minted yet people has minted.
No, I said it hadn't sold yet. It hadn't sold.
That was March, Yeah. What was the Beeple sale?
That was in March 2020. One, what's going to be the
equivalent of the Beeple sale this cycle?
Is it going to be an art sale or is it going to be like an
acquisition I. Don't know, I'm just, I, you
know, if that tweet actually wasn't meant to be overly
bullish. It was actually just meant to
say you're early and that, yeah, even if, and I, I even said it
in the comments that someone said like, oh, I'm so bullish on
my back. So I was like, actually, like if
you bought a bunch of coins, bunch of NRTS in February 2021
or in January 2021, you could like you could have lost a lot
of money. Right.
Really. Oh yeah, Because it was hash
masks. It was hash masks, right?
If you bought hash. Masks, yeah.
You've. Bought in the wrong product,
right? Yeah, yeah.
So I think that's something to be aware of.
But like this is part part of why I was only really in the
like the memes at the start because I felt like they had the
they had the best you could sleep at night with them.
But but I'm fully cognizant with these utility coins that like
there could be something else that comes out right.
Like, I don't know what it's going to be, but but you're
you're now seeing the emergence of like a new.
Thing here for crypto and it it can be it can be a user and it
can be a use case and there's going to be a ton of different.
I don't I I don't think in a year's time the current coins
will all be the ones and I think there could very easily be a
board 8 coming right. That's like it's way bigger and
and does does tons and like cracks.
The we're going to make bots that make money for you thing,
right and like, Oh my God, this new firm's come in and just like
nailed it. Like so I feel just always have
that in the back of your head as well in that there's always
going to be new coins each week. There's always going to be cool,
cool new teams. I think one of the good things
about this versus like the, the great thing about this cycle
versus some of the other cycles is like the token creation is so
much easier now that like we don't have to wait to hear some
like VC pitch on like what the new.
These coins often start by pump fun or like some other platform
like that and they often start at like 5 million, like 2
million. Like you will have a chance to
get into some of these coins unbelievably early.
Like bold Leonidas pitched me AI16Z at $1 million.
And he bought it at 2.5 billion. He owned, he owned 2% of the
supply and I didn't buy it. Then I was like, oh, that sounds
like a joke. I thought I was looking back at
our Twitter comments. He owned he he said his bag
would be worth nearly 50 million.
But why did he sell? Fucking bull.
He said, he said he had a good trade.
He was like, he's in my comments today and I was like, oh man,
that's like that's tough. But like another guy, another
guy who's the, the mod for epic, right?
He, he had, he had like an unbelievable bag of, of go and
of, of AI16Z and he sold them. My point is that you can get
into these coins very early as well.
So, and there may be a board apes coming.
There may be a board apes coming.
There may be a, there may be something that just goes
absolutely insane. So even if you're like, I can't
buy AI16Z at 2 billion, like fair enough, like buy on the
down day and also just be looking for the new stuff.
Like there's always going to be, there will be a lot of like
bulls on the block. Whatever the fact that one was,
what was that one after? Oh yeah, yeah, yeah, yeah, yeah,
yeah, yeah, yeah, yeah. But no, it's Yetis, bro.
Yetis was the first one after literally it was for Yetis.
There'll be a bunch of yetis, there'll be a bunch of bulls on
the block, whatever, there'll be a bunch.
Of well just go to my wallet, price it by like time and just
go to oldest. What was the one?
Here let's go to Farouk. Open C account by oldest.
What was the one which was the which is the one in the school
and had like the beaten up kids? Oh my God no, the the rape one
was horrible. What was the one?
You're How was the one? How was the one?
Was. It it was like a school.
Yes, yes. They had the one of the woman
crying with the tape on her mouth, remember?
And it it that's the one misfits.
Old Misfits University. Wait, do you remember these?
Oh yeah, Jesus, who? Who?
Who doesn't? This is one of the first things
I've ever look at my my wallet by old because that's the first
wallet I made by oldest. Literally like it's one of the
first things I've ever minted. It was misfit.
It was misfits. It was this.
University and this this. I saw some around Veda today
like Veda if you just type in Veda into your into your search
bar right now. Yeah, OK.
Veda and this is now down like 30% today on the back ending
this top one right they're. Spoofing their volume well.
I don't know if they are, but like Veda right now to me and
you've got to know what you're buying with Veda.
Veda have these like right exactly.
They have a bunch of like really which is Zenica's actually
replied. I reckon that's a good reply.
They have a bunch of Dows and you invest in Veda, which is
like the overall token of those Dows and they have a bunch of
like mini Dows which will have mini portfolios of these agents.
I'm gonna. Buy some.
You don't buy Veda because like it's of what it is right now.
You buy it because of the structure of how they're doing.
It could be the future of how you do it.
Like Veda is not like a Oh my God, this can now be something
it it may have been that right. I always thought Veda had a good
structure, like if it was AI16Z and that's what they said they
were going to be supposed to aim for the whole time.
And then they in a in a few days, they turn around and say,
hey, actually we're changing all the tokenomics and all the other
guys do the same thing. Like it's clear that these
people will now come. What?
No, just one of my other chats the the DCA boys are buying are
buying far coin. No way.
Yeah, I'm telling. You, bro.
Your show, your Monday show. They're buying.
Yeah. Hold on, hold on.
Let me get onto Jupiter and sell it.
All right, now. Hold on.
No, they bought it on Monday dude.
I'm kidding. I went on that show and they
asked. They asked me for four
recommendations for the year. After you they bought it
fartcoin to them for the last six months.
Fartcoin's been around for three months and I've been an owner
since well before you were an owner.
But I pitched AI 16 DI pitched, I said ark, I said goat, and I
said far coin. So those are like the four.
And I said Sol as well. And they bought far coin and far
coin is up like 50 percent, 60% since they bought it dude.
And The thing is the the higher it goes, the funnier it gets.
So like everyone in chats just is like full redacted.
Like it's the most left curve. I think far coin is the most
left curve play of the entire cycle, yeah.
Yeah. Look, I think, I think Arkon
will get listings. That's one thing I would say.
I think go to virtuals will get listings and then I think Farkon
will come very soon afterwards. That's that's my.
That's my. The good thing about the I like
about it personally, like when I'm really excited to like load
up and on this will be a 16Z because I think virtual is
dragging it up because virtual is like the A16Z on base.
Now I know virtuals talked about like potentially doing stuff on
Solana. I think I read, I, I saw the the
the founder talk about that, that they've finally been able
to do it for a while, but just didn't yet.
I think they're very close to the base team, right?
What's this? AI virtuals?
Yeah, also. Going to be close to the base
team. Like you know that's the number
one use case for base right now. How Coinbase has not just insta
listed that token I have no idea.
Like. Maybe they don't want to send
the wrong message, I don't know. The wrong message.
I don't know. I think you.
Actually using the the chain, Oh my God.
They should be insta listing. Insta listing they should list
AIPT. They should list.
Every single one of the major base AI coins was the.
Well, Coinbase. To me that they have not done
that. Literally mad to me.
Meanwhile people on Coinbase are trading Stellar.
XRP is number 2 by the way on Coinbase before Ethereum and
Solana. More people are buying XRP dude.
In in South Korea, yeah, XRP go in flip Bitcoin.
Yeah, XRP the is doing 15% of the daily Coinbase pop volume
only. Wow, only dogecoins in the top
ten mean coins on their pep is 11th even while Bonk has fallen
off a tree there. It was really high there.
Bonk was doing top three out every day.
Wow Coinbase is really this like boomer platform huh?
Like I mean look at their top 10 spot traded Bitcoin, XRP,
Ethereum, tether, Solana, stellar, dogecoin, Hadera suing
Cardano. That's the top 10 on on Coinbase
spot. Wow.
Which which is what I'm trying to tell you about like why the
buyer of this will will not stop fighting Mudang or fucking Pengu
versus this stuff like it's you fight Stella.
But Pengu is insane, by the way. Right.
Pangu is doing great, but like it shouldn't be.
It's just like there should not be a PPP.
There's enough, there's enough vapor Ware in alts that will
move into this stuff that you can.
You can still think that your Pangu is going to 10 billion,
you know. Yeah, no, I know what you mean.
Do you think we're going to be celebrating 100 KBTC very soon?
I'm more bullish on Solana right now than I am on Bitcoin.
That's my honest opinion. I've been like that for since
since it kind of went below, you know, when some, and I put it in
all our chats when it was hitting like 180, I was like,
this is this is dumb. But now I'm like, it's not just
that it looked like underperformed.
I think there's actually it's underperformed and there's a
really, really strong narrative now for why it should
outperform. Yeah, you know, it's not just
like, oh, souls down so much. It looks like Solis looks bad.
Sol Solana means we're battered. We fucking screamed about this
weeks for weeks bro. For weeks, for weeks,
everybody's making fun of him like, oh, this thing's going 70%
like L Rhodes lead back to Solana.
Like, you know, there's a moment like I'm, you know, I love the
hyper liquid stuff. I'm a big fan.
I actually read the whole papers because I'm I'm very saying like
what they're building. But as soon as like Tron was
out, it's killing thing. BS is out in Hyper liquid's out.
It's going to kill Solana. We always see this thing is
going to kill Solana. We never say it's going to kill
like anything else. You know what I mean?
Yeah. OK, Solana nails this.
It's this is massive like the Tamir is.
Nailing it right What? What are the top agents?
I think. It, I think it will, I think it
will. I think it's interesting to see
that like obviously the the runners on base, like look at
bring up a chart for virtuals and bring up the chart for for
even AIXB, even AIXBT, right These charts look.
Incredible PDE baby. How amazing you shot.
Yo by the way, for a XBT is probably a not a bad bad shout.
This is what I told you. Like this.
You probably have to make a decision on that, but there is
not. The Solana coins don't look like
this. They're way more paper than PvP.
Yeah, like they're way more PvP. Right, actually.
This is less. You know what?
When you zoom out. This is AIXPT right?
Not AIXPT? Oh, sorry.
I I I shared I was looking at. It's good though, but I know
it's. Weird, I think here look at that
60 there were there were horrific dips there.
I know now like look at that chart that doesn't look like any
other other other charts. I just think that the the
capital on ETH weirdly is like just.
Refane. Way and way more supportive and
right. It's actually like even the
best. One charts all have this, by the
way, the salon have this, they all have this.
The salon insurance, this insane flag -60% that makes you bleed
out and cry. All of them.
Zero bro fart corn fucking all of them.
All of them go, all of them. What's up with what's up with
the the animals? What's up with Mudang?
So I'm going to say Popcap Mudeng, chill guy like these
have not been like these have just not been doing.
OK. Mudeng looks bottomless here
dude. That's you think.
It's good, man. Who is going to get listed?
Yeah. You think we'll get listed by
bands like I'm almost Certain? Too right?
How could you be bearish on Mudeng?
Oh, the chart like that. Look at that like.
I can't, I can't. I had not look at the Mudeng.
I've never been bearish on me. I just don't own it.
I sold about 450 mil and and now I look at this this I'm not
going to I'm not selling any for a coin to buy anything else
right now. So I'm not going to buy it.
But if I was like liquid enough to buy all the coins, this is
what I'm buying 100%. So I so there's something to be
said here, which is if Solana does go to 304 hundred and does
like really get going here, right?
I do think that these meme coins will do very well too.
Don't sit there and be like, oh, it's one versus the other.
What we're really like our common entity entity is the
vaporware altcoins. That's what I think you have to
think about here. The meme coins hated them
forever. And AI coins, I think they have
a much better product market fit than most of those coins.
Yeah, it's a story, but like, I actually think what you're going
to see here is meme coins and some of these AI coins are going
to be the runners. Let's look, let's look at all of
them. I mean even flog at 250 mil.
I sent it in the chat and I was like, guys, it's not like I own
much, but it looks bottom. That was to that.
That's to see it's got it got its dip dude.
Like this is an insane dip. Yeah, I, I, I mean, I prefer
Mudeng to to frog just because I'm like, I think, I think
Mudeng will get like the big listings, but but there is a lot
of those sort of stories. I do think you probably have to
pick the best ones because I don't I think I think it it it
could. It's not going to be maybe the
same meme coin season that you saw the first half of this year.
No, that's what I get. I would reckon.
But but I do think they're going to come back pretty strong if
particularly if Solana leads this, which I which I'm almost
guaranteed, like I mean the coins.
I really like the coins I really like here.
I mean, you could say to your guy could, could, could come
back here. I still think that the annoying
thing about that one is like. Maybe a little more usually
longer range, right? Like it's ranged here for.
I think you need someone to list it really.
Again, there's too much about 14 days, so much drama around that.
Yeah, it needs another ease of pain.
The risk reward looks looks good to me.
Yeah, I would say, I would say MOG looks like an interesting
coin here again. Bottoms here, yes.
Because it's on. So it's one of the only ones I
think I think it had a really, I mean that has literally dropped
50% in the space of a month. And I think that's, that's an
interesting one. I think Pepe like part of me
wants to sell everything and just go along 20X Pepe and just
be like this is this is going to go.
I really think that one that again has dropped 30%, some of
that decent ish time to get back in.
Obviously I have Epic, but there's a lot of I think, I
think having lower cat bags. I think there's some really
good, there's some really good big coins.
Basically what I'm trying to say, which is I think
interesting and I think Mudang obviously I love out of the
Solana coins. What else do I like and then in
this, in these coins like my honest view is that we are in
the next two weeks or next three weeks we will get tier one
listings for virtuals and Go. So I think, I think Go is going
to go back to a billion. I think 4 point easily.
I think that no giga. No Giga Giga looks very strong.
Brother Murad, you know what? And though like, like you were
seeing like everyone dunked on AI, like he's going to dunk on
AI on the dip, there was nobody getting dunked on more than
Murad during the holidays. No one.
And look at SPXI, got it. I'm going to give the guy his.
Credit crazy. Yeah, his.
His quote you got to give the man.
That means look, alright, you've got to give.
The man not all of them like he said he did say all falls back
to SPX and Giga and because the rest do not look good bro
Retardio and all that stuff they they don't look good bro like
lock in. From the top.
They actually don't, but you got to give the man his frequence,
yeah. They got listings.
I didn't think they'd get listings what they have.
SPX and Google look look decent. APU is that really bad 181 from
400 is bad Bitcoin 177 from 300 plus retardio 75 from 250 mil
locking 43 mil from 120 mil mini and is what's 50 mil and USA is
at 18 mil from like 60 mil so forget it like but he did see it
right? He did see it.
Yeah, the so I think that's interesting, but my honest view
is that these AI coins are the ones like I can't get.
I think those have good risk reward is basically what I'm
trying to say like I think mock go back to like whatever nought
.03 the risk reward is that they don't live they're going to go
down because they held up pretty well during this annihilation of
meme coins. Do I think they do a 2-3 XI
think that might take a little bit more time.
Do I think that that AI16Z or one of these other coins which
is being treated like an L1 could go to 10 billion?
I think that could happen very easily.
So but but but the risk of war there is way more dangerous.
It's what basically what I'm saying.
It's like they can go down 3040% actually in a day.
And I don't see Mudang or or even chill guy or I don't see
any of that happening to any of those coins, those mean coins.
So the risk reward we're sitting there going like, I don't want
to lose money, but I want to have upside.
Maybe some of those mean coins, which look, which held up really
well during this last month or at least the last few weeks are,
are, are good. And if you want to have some
upside, then I think we're about to see.
Yeah. Well, obviously I've said, yeah,
I would be buying these things that just got listed by Binance
on dips particularly. Yeah.
And the ones that I think look clean to me are Go and Far Coin.
I think they look really clean. Like Far Coin could go to two
here. I think Go could go to to a
billion very easily. Yeah, that's, that's a good
call. I think I'm on a release the
Faroque List for 2025. Should I do that?
It's really dangerous. I they asked me for a list and I
was, but it's like on Monday, but you got to have a list.
The all coin, all, all coins just aren't for a year.
You go to just like move back to JLP at certain at certain times.
Whenever you make money, you make like you're up a ton if fat
coin goes up 50%. So a little bit put something to
JLP like no, but you like you're never going to lose that much
money. Yeah.
That's sorting to an asset that earns like some some, you know,
you can cash into also like some like some Ethereum protocols as
well. You know, just like all the
Avenue and like Aetna and like stuff like that.
That's a good, good place to to cash into.
Personally speaking, like this cycle, man, though I'm cashing
into Bitcoin and USD, but it's going to be mostly Bitcoin.
I think the cycle like towards later down 'cause I like Bitcoin
here. I think that is, I think that is
the one. Benny says it's 2016, not 2021
that we're not bullish enough. Damn, you guys should be
anyways. All right, let's should we pick
a winner? Let's pick a winner.
Damn. I'm looking for some like, yo,
show me some small cap AI coins, y'all, DM me, Show me some small
cap AI coins. Don't, don't DM me.
Actually, please, I won't check my DMS.
Make sure you just just tag me on the timeline tag.
Fill me some like 10 to $25 million AI coins.
How's that? How's that for request?
I'm buy all of them, buy everything.
Well, you know what's crazy is that virtual stills looks good
here, even after going to $5 billion.
That's the craziest thing. It's isn't.
Great. Like isn't it?
Isn't it just taking a step back, Isn't it fucking amazing
that these coins started at such low market caps and that we
haven't had to come in and buy them at like 5 billion or we've
had to like, AirDrop farm for them?
Like the winners of this AI cycle, at least so far, have all
been. They've all started really low.
Like, you could have gotten literally every single one of
them. Yeah, it's a complement, but it
was like covered. Virtuals.
We covered virtuals on the show with like 50 million, dude.
Like we covered all of it. Not that they're about not as
different. We covered it at 50 million.
We covered at 50 million current market cap.
The current market cap of yeah, so about 100, it's just over 100
I think it was. OK, what's 5 billion now I'm.
Not I'm with you. I'm just telling you 50XI mean
we were talking about we were talking about all of them just
said they didn't buy all of them.
But fuck, I I'm I mean, look, honestly, I think I'd be like
really depressed if I hadn't like full ported for a coin, you
know, But that was a that was a great call.
Great. Great call to have myself on the
back here, that's for sure.