What up, what up Good morning, good morning GMG Friday.
Oh my I love Fridays. That's the show for sure.
NN 29th 2024444 Another beautiful day to have a
beautiful day. I got my Co host in the house OV
Mando. Good morning boys.
How you guys doing? Good.
How are you guys doing? We're vibing, We're vibing.
It's Friday, it's Friday. How you doing Mando?
Fantastic man, you're looking forward to next week.
Dude, I'm excited, man. I'm excited.
Are you, are you coming? I know Ovi got.
It I got it at this stage. God damn it, Mando, come on.
We got, we got. You're the last missing pop up.
You don't like the gemstones, Montanos.
Everyone's coming. But you.
You can't. You're missing one.
You're missing 1. You know, Come on, Novi.
You got to apply some pressure on the boy.
You got Cali coming, right? So you got 2/3 of Canary Labs
coming. You got a, you know, I guess.
You got to have Cali's. Yeah, Cali's coming.
Cali's puts, his lights, everything.
Cali's definitely coming, all right?
Cali's definitely coming. He's got he's made his plans him
in the ways are good, they're good.
They've got their plans sorted out anyways.
Need to. Take my place as as standard
British bloke. Yeah, yeah, yeah, he's, he's a
little too much on the British side though, you know, and at
least you got a little Portuguese in you, so it kind of
like offsets the the the the the other side of it.
But anyways, anyways, yeah, excited for next week.
Very excited. It's going to be busy, man Fuck.
Actually, we're only hosting on Monday for those of you who are
listening to the show. Sorry y'all, it's too much work,
but it's going to be absolutely wild.
We got 8 events that we're throwing, but this time in three
days, not 4. So it's going to be it's going
to be a lot of work. In case you haven't yet go to
Rug Radio's pin tweet, let me just pin it on the show here.
Hold on. You can see the schedule of
events from Thursday, Friday and Saturday.
And make sure that you apply on Luma and we'll get you accepted.
If you have a crypto punk, make sure you apply ASAP.
I got something special for you guys for VI.
PS We're going to do something very, very cool on Thursday
night at our house with Jacob and Co.
I'm allowed to say it now. So it's just awesome.
I just got there OK, like 5 minutes ago.
So we're going to be doing something fire with Jacob and Co
for the crypto punks out there. So if you're in the punks chat,
make sure you head over to the Miami one day.
But anyways, today on the show today we got a few people we
got, I'm sorry, we got a few things to talk about.
Then we got guests at the end. So we got market report usual.
Let's use OV while we got him and he's got to go in 20.
We got we got obviously, you know, topics of the day.
I I texted Tyler Mendel, like, listen, Tyler, I know you're not
on send me a few topics. And the boy did it.
He got he got off his Thanksgiving, you know, couch
and he sent me some stuff and guess what it's about all his
topics are about his bags. So AI virtuals, AIXBT, whatever
the hell gamble bought Classic. You know what, I'll pump my Co
host bags. Then we're joined by white
walls. Actually, Blondie and Infinite
Objects, so to chat about what they're up to in Miami with us,
there's some of our partners doing some really cool stuff.
Shout to them. Always pushing the art space
forward. And then Robert Ludbach spins to
give you guys maybe a punk away today.
And punks are $140,000 now guys, the cheapest punk.
It was just 50 grand which is actually insane.
And as usual, Mando, who is this show sponsored by?
Galaxy. Galaxies with seamless built in
monetization tools, Galaxies enables the development of
sustainable long term communities fulfilling bitcoins
vision of the centralized freedom and independence from
centralized control. Anyways, anyways, you know what?
I'm gonna go to OV first daily. Market Report.
Brought to you by Rug Radio Joseph, what's the word?
Mate, I haven't. I literally haven't looked at
markets. I know.
I've no, I've no fucking idea what's going.
On, in there. Hold on.
So we invited you on. We invited you on and you've
just, you're just useless. Honestly, like today was the
first day I looked at the S&P 500 in about six weeks.
I mean, you've been. Busy no that's it's above 6 Ki
didn't even know that like I just I just I've just been like
fully in crypto I. Know I know you've been busy.
You've. Been in like wrecked crypto,
little little dash of trenches. That's it.
Like I don't even know like what the last inflation number was.
I don't even know like. We don't care about that
anymore. We're all I know is all I know
is Trump won and crypto is going higher and all that other shit
doesn't really even matter. Well, it does, but like, it's
not. Oh my God, yeah, I know, I know.
Threw you a curveball here. I mean we're finally out of the
this range man, though I guess like we're flat line AT9295K
range and where it looks like just broke. 98 again 100K today.
Come crawling back to me, have you?
Because that's so bad. Stop it, stop it, listen listen.
What do you mean he used to coast like 800 episodes and
still not? I'm just here for like the I'm
just literally here for the banter.
I'm leaving in about 15 minutes. Yeah, it takes.
It all, Amanda. You do it.
You do it all. I I texted it will be late last
time like so Tyler's not here. Do you want to come for like a
like a little bit of the show? He's like, OK, fuck it.
Like he like subbed in real quick.
I mean, look like you know what fucking like Oh, like, how do
you feel about the market here? Like, look, Bay Coors 93.
You just made a try to make a call here.
I caught that try to call that we're going to hit 100K here
today. Maybe would be awesome.
Wow, ether's friendly moving. Look at that.
Ether's doing well. I'm I'm bullish like it's the
same thing as we said a few weeks ago and we said in
September, like Trump wins and bullets throughout the rest of
the year through September into the start of January as well.
I think Bitcoin will go above 100 Ki think we'll start to see
a bit of an old season. You know like dominance is down
it is lower and we're seeing some old climb.
Obviously E doing well. I think memes are basically
coiling up for another run. We had a big run post the week
after the election. We had that big run and when
coined best listed everything and we had Robin heard their
stings and peanut went mental and stuff.
I think we are coiling for like another big run of memes here as
well. Yeah, it gets a bit more
challenging every single time because there's always more
memes. And you know, a month ago we
would have just been talking about like with the AI stuff,
Pepe Morg, etcetera. And now we have like peanut
chill guy Moodeng, like like that list of, I don't want to
say blue chip memes, but that list of like source of like
higher tier means in terms of market cap just keep growing
each time. But I do think all of that stuff
can rally. Would it have rallied more if
there are fewer coins? Absolutely.
But I do think we're going to see a few coins like get into
Unicorn status. My bet on that would be like go.
I mean MOG is already there already I guess, but go Moodeng
peanuts already there, chill guy I think will go above a billion.
Like all these big coins that are doing a lot of volume.
You just see the ones that are doing a ton of volume, the ones
that have perp listings that are doing a ton of volume.
I think they'll all get there and then we're going to see my
guess is we're going to see like some random 50 to 100 mil coins
like get listed by you know by some of the Tier 1 exchanges and
there's going to be a few 5 to 10X's there.
It's really hard to find those out and pick those, but it feels
like volume is your friend here and I would look towards where
the volume is. You have to be a bit careful
because there's obviously a lot of wash trading, especially on
Seoul. But yeah, I think it could be.
I think we're looking at another interesting few days ahead of
us. I don't want to talk about the
weekend because every time I talk about the.
Weekend. It never happens.
Yeah, so your tweet. I'm not going to.
We definitely fucked that one up, you and I the other weekend.
What's up? Every time I was like I.
Was coming a big weekend. Bitcoin dumps and all memes go
down 30%. I was all bowed up about that
weekend too. I was like let's go that's going
to be the fucking weekend. Like peppin with from Coinbase
this week in the middle of the week.
Bro that was the most boring weekend of the year.
Nothing happened till like 9:00 PM Sunday night and here I was
wasting a weekend sitting at my computer all weekend long.
But you know what that felt good though, because it's definitely
time to be online. I'm curious what you guys think
of actually because obviously majors we know ETH pumped and
didn't dumped us Mendo. So I guess the curse may be
reversing here even with their founders hating on ETH by a
destroying the order books yesterday at the top.
Hopefully they don't dump another $500 million today as we
reach new local highs. But how do you guys feel about
the legacy major memes here? Like I'm seeing Pepe finally
catch a bid towards the upwards because it was only grinding
down. I mean, Whiff has been getting
battered since it was listed across like Robin Hood.
And I mean, that's it. That dog dude, they're
definitely trying to take his hat off and and look, seems like
they're not able to either. Bonk has got got some a pretty
aggressive retrace and now back. How do you guys feel?
I mean, I'll go to UOV first because you're leaving so then
Mando. But how do you feel about those
like major memes here versus all the others they just named like
the chill guy flavour of this of the Mont, the peanut, etcetera?
I think they'll go higher, but you just have to look at like
your upside potential. I mean, I really love Pepe.
I think Pepe is going to go a lot higher, but it's already at
what like an 8-9 billion dollar market cap.
Where do you think that goes? 20 or 30?
That's like a two or three X. So I think if you want to play
on large, it's it's a bit of a weird one because it's like,
yes, the downside of Pepe is going to be less than some of
this other stuff because it's a bit more, a lot more
established. But in order to get some
meaningful return, you have to play it, either play it in large
size or take leverage. So I kind of just think for me
it's like if you want to own Pepe, I kind of prefer to own
MOG because I think it's been a good sort of like Betus Pepe and
has had a lot of correlation. Now that's happened time and
time again throughout the year and it's at an eighth of the
market cap. So I think that, you know, it's
in my opinion, it's much easier for MOG to go from like 1
billion to two or three billion than it is for Pepe to go from 9
billion to 18 or 27 billion. I think it's as much as to add
to MOG. So I think my view is like the
the $1 billion means will compress and market cap to the 8
to $10 billion means stuff to sort of see like this a little
bit in my opinion. So look, I think it will do
well. I think it's, it's a fine long,
but in my opinion, it's worth taking a bit more risk on some
of this like 500 to $1 billion bucket stuff.
And you know, I mentioned them all, but I think like marks in
there really isn't there. I think Goat's a really good one
because it's just different to everything else.
There isn't anything else like it.
And it's 840,000,000 right now. Chill guy has, you know, crazy
that crazy mindshare and all those like social numbers are
through the roof. The that Google Trends chart is
like through the roof. So that's another one that I
think is really interesting. Like all that stuff I think is
like, I think they're not going to go away, but they have as
much more likely, you know, with a big tier one spot listing,
that stuff could 3 to 5X. And we saw it happen with
Peanut. Remember like Peanut went from
70 mil to like 300 mil when it got listed in Binance and then
it did like another six or 7X. And I think that's what people
are thinking about, like can some of these coins and do that?
And I think they can. So that's why that's just why
that's how I'm thinking about it right now.
So I just don't feel like I need to being these are bigger legacy
memes. I think I'm willing to take a
bit more risk on some of this other lower market cap stuff
that I think is already somewhat established in the context of
the next few weeks. Not in the context KK will last
like into cycle, right? Like next cycle KK will do
really well still, but I can't say the same thing for Mudang or
chill guy, you know what I mean? And.
And and, but I'm think I'm so I'm just talking about this
cycle. I'm really just talking about
the next few weeks and I would kind of prefer to be in those,
but. OK, I see.
So you're like it's like taking it 1 notch further down the risk
curve. It's like you go from, you think
so? Yeah, you go from East to Pepe
and you go from Pepe to like Mog, for example.
Like I feel comfortable putting in large size into those coins I
just mentioned. Yeah, yeah, I'm listen, I'm
glad. I mean, you've named every
single one of my bags today on the show and I didn't talk to
you about him. I mean, we probably, we do talk
every day. But like, you know, anyways,
like you, you, you've managed to literally bull post every single
one of my holdings and my larger ones.
So it's great. So, you know, consider this
bait. And it worked.
Anyway, I was kidding, man. What do you, what do you think
about, about this and the, and the, and the, and the major
memes here? You know why I say that?
Because I keep going back to this chart of sheep and doge in
2021 post Coinbase listing. And it's like this infamous
chart of like the 40 days post listing all the way leading up
to Christmas when they ran to like 40 billion and $80 billion.
And it's like, I hate to say that it's not history preach
itself and often rhymes, whatever the fuck.
Like it's like I it's, it's symmetrically like the same
thing happening on those charts. It's like they're grinding down
then just ran up to $40 billion. But like, what do you, what do
you, what do you think here of, of what Ovi's saying?
I think it's slightly different because at that time when some
if a friend was like what should I buy in crypto, you would only
really say doge right? Yes, that's true.
And now? Yeah.
Just think of that, that exact conversation.
It's like there's like 10 different ones.
And then it's not like they're blind to it as well.
Like zoomers are coming in and they're buying whatever they
want. So I don't think you're going to
get like a like a doge style run, but I do think you'll see a
number of coins go and do very, very well.
But yeah, I don't think it'll be one coin does really well and
the others like don't. That's just my general view on
it. And I also think just like the I
think the ETH memes probably have a slightly better chance of
that than the Solana memes. Yeah, safer unless you've got.
A really unique story, but but yeah, I just, I I can't see
anything pulling a doge this cycle.
Yeah, no, aside from DOGE itself, where's even DOGE
trading at today because got quite a pump on on Bitcoin
should be about $0.40. Oh, you're.
Just doing well, man. Wow.
Yeah, back up towards local highs.
Yeah. What's the high this?
So far, feeling like it could be a could be a big weekend.
Stop it. Stop it.
No, No, no, no, no, no, no, no. It can't.
It's not going to be a big
weekend, right? It's going to be.
It's going to be a shitty weekend.
Some may say the writing is on the table here on the table.
Some may so on the on the wall, no.
Oh, the writing's on. I think, I think I missed, think
I fudged two different sayings there, yeah.
Yeah. Oh yeah, I I see what you did.
There combination of rice on the wall and balls on the table I
think. Yeah, yeah, I, I, I saw that.
I saw what you did there. Were you gonna say man, No.
Balls on the wall. But nuts on the wall, the whole,
yeah, just a banana. A banana on the wall.
Like, you know, he ate it. By the way, did you guys see the
clip? Yeah, it's a bit disturbing.
Yeah, wild. How does a banana isn't like 2
years old? Like how does a banana stay so
ripe after like a year or so? Like please tell me where you
buy your. Banana new one up there each
time. No, they kind of change it.
Yeah, you have to. It's like all authenticated
where they they change, they switch it around.
But it's the same duct tape every time, I guess.
It's the same time, I don't even know it.
I don't even think. Obviously mark piece, if it's
not the same banana, I'm sorry. It may not even be the same duct
tape. How could it?
Be the same banana after two years, dude.
Well that's what I'm asking too. Maybe it's the you know the GMO
shit nowadays is crazy brother in the in North America.
Don't poison the shit out of you bro to make the food last long.
This is really incredible because not only is it not the
same banana, it's not the same duct tape.
So. It's kind of like nothing.
Is it the same wall? I don't think.
I think it's literally nothing. I think it's just like hey I
bought this but like it's not the actual.
What does he care? He just pumped the band token
like he there was like there was a crime committed on that coin
like never before the cycle. So I was like, he's good.
He probably made like 10 of these bananas.
It's an. Interesting that was this whole
thing is an interesting coin that like the idea of like an
art piece that is like a that is like a coin he's going to see
remember B20? Remember B20 back in the day?
Like, Oh my God, yes, Look, he's so happy.
He's like, yeah, it's not the same wall.
It's not the same banana. It's not the same duck tape.
What the hell? This has got mainstream though,
that story right? Like a lot of people, a lot of
mainstream media is picking up on it.
Isn't this so Alex Baker has something to say?
Of course he did. Isn't this why we all do crypto?
To get so absurdly rich that we can Lord of the serfs such as
senpai boy King Justin, you do it too?
If you could, Yeah, I guess if I was multi billionaire and I was
redacted, maybe I'd do something like, would you guys do
something like that if you were billionaires?
I mean the. Men's like man.
Maybe he's got a lot of money. Justin's son, right?
He's, yeah, he's got a lot of art.
He paid. I mean, Justin's son paid like
$70 million for a piece of art recently.
Justin's son arts purchase. I'm sure he did, yeah.
The cover on the people piece as well, right?
He said he has on the people piece.
Many times, I think a couple times in a row, right?
Or I don't know, but when I look at the news though, let me tell
you it definitely hit the mainstream news because you
Google search in Canada, Justin's son art purchase and
it's just like crypto entrepreneur who bought the
banana art eats the fruit. The Toronto Sun.
It's got my name for sure Banana art he bought for 6,000,000.
How's the ban token doing on the back of that?
That's one token I never was into.
I'm just curious. It's up a little bit.
It's. Pretty good.
I mean I know it's down from like that 500 mil level but 136
mil? Damn, FTV for token?
Well, there's a lot of tokens out there.
It's pretty, pretty solid. Wow.
So Justin's son, back in 2021 paid 78,000,000 for a piece of
art called Lenez the Nose by Alberto.
It's Linney. Linney.
Yeah, exactly. We don't.
This is he is silent. Yeah.
Lenez, Mate. Lenez, mate.
Hey mate, have you seen my new art Maze Colonize?
Come on, Maze, Did you speak French yesterday on the show?
I. I speak French, don't worry,
just send me a joke. You've never spoken French to me
before. That's crazy.
We got we're going to speak French after the show.
Quickly. So this is what you paid $78
million for? Let's check it out.
Damn. I lunar that I found a son
Giacometti. Oh, for Pinocchio, Right?
Interesting, Morbid a little bit.
No Twitch is on though. It's nice.
No, I was saying it's a little morbid looking, but like, yeah,
it's like, I don't dislike. I just look at them like that
man looks like look at this scary alien that they found in
somewhere and like, I don't know, ancient Egypt some shit.
Anyways, are you guys buying Tron on the back of that Tron
memes? Tron NFTS?
Guys, it's so much money this year.
Tron NFTS boom. I just tweet Tron FTS.
Let's see if that picks up. His Highness won't see it 'cause
he still has me blocked, but but we'll see.
It's so funny. I can now see his tweets and I
scroll on Justin Sun's account and it just says like Justin
Sontron has you blocked and I'm like God damn it, come on
Justin, he saw water on the bridge, right?
Right. Anyways, question for you.
Question for you Ovie real quick, 'cause then you got to go
in 4 minutes. Have you been dabbling in AI at
all? The only AI coin I bought was
Shoggoth because I was like, I don't have to.
After the whole AI16Z thing, I was like, oh, I don't want to
have something where if someone rugs and it seems like some of
these AI Bros are coming in and being like, oh wow, I can
actually make some money and and kind of sort of like extracting.
So I don't want to be in something like that.
With Shoggoth, it's just like it's just an AI meme, but I
don't own it anymore. I sold it to buy something else.
Where'd you? Buy.
I own some this thing called Soliqui cat.
What the fuck is that bro? I couldn't spell the taker bro.
Yeah, there's something where there's like rumors where it's
like the Solana Foundation has like an AI ace thing, but yeah,
that hasn't been a good one. Did.
You come on here to start rumors about your bags this morning.
100% no, that was the. Rumor Bill.
Dude that's the rumor mill bro. It's a little little liquid cat.
I think that's like a wet like a in the AI trenches.
That's like common knowledge I believe.
Mando, you're in the AI trenches.
What do you think? Have you heard of Siddell?
I think. Tyler's list of 70 AI coins.
Dude is it in Tyler's list? Tyler's list is like longer in
the fucking Merriam Webster dictionary, bro.
But apart from that, no, I'm not really.
I mean, I get it and I'm not. I'm bullish on it.
But for me, it's not my, it's not my wheelhouse, you know,
like I'm, I don't want to like have to dig into the shit.
I just want to be like oh that's good meme buy like.
Seems like you're similar to me. Are you in GOAT as well or?
I'm not in goat. That's the only thing I would
buy because it just feels like that's quite clearly the front
runner. But again, like for me to buy a
multi 100 million coin, like it's not really like something
like goat and go big size really have to be like, you know, I
know I said that earlier. I was like, you know, these are
the coins that. You got to it's, it's the risk.
If goat was an animal meme coin like a classic 1800 million, I
think it's it's a bit like oh, but I think because it's it's a
it's the leader of its own category.
I don't think it's going to be compared against like pop cat if
it goes to 1.3 billion. Do you know what I?
Mean whereas if it's. SPX or or 1 of Murad's bags or.
I feel like those are more comparable.
Yeah. It was a big rally though in the
AI stuff yesterday. Big, big bounce across the
board. AIC, was it the back up to 300
million? Oh wow, OK.
I thought it was just some base. Well, across the board really.
So AI16C up to 300 million, zero borough back to 475.
Whoa. Virtual's hit 1.4 billion FTV.
Obviously it's much lower current market cap, but it's
very high FTV. How much are we talking?
Was that 40 mil when it was brought up on here?
Well, it's difficult because you're probably looking at the
current market cap and, and, and the current market cap is, is
quite different and it has quite a lot of vesting coming so.
I'm going to, I'm going to bounce guys, but.
COB, thanks for coming, it's so boring going to go.
Yeah, exactly. Unbelievable yawns and leaves.
Unbelievable form. All right, the code for today's
giveaway. I just finished a little bit
loot box spin too. Check it out, baby.
It's very little mana stings, but it's like big wins hype in
honor of Hyper liquid. We got to talk about that.
But if you go to rafflebot dot XYZ, rafflebot dot XYZ code
hype, HYPEHYPE and then in about 10 minutes we'll get into our
guest of the day and then we'll go in and give away some money.
But anyways, back to the AI stuff.
So well, AI16Z jumped again. I thought a lot of people lost
trust for that one. I guess not.
Well, Virtuals is rallying and Virtuals I would say is the
number one competitor at AI616Z. And it's one point.
Three, because they're both more infrastructure plays.
And so I think the disparity between Virtuals, I mean,
virtuals is releasing, you know, it's maybe a few 100 coins are
being released to stay on Virtuals.
AI16Z's Eliza model is still producing the majority of these.
So I think it was more just like a rel Valve thing more than
anything. Interesting.
Yeah, the AI trenches are definitely cooking right now,
man, people are making crazy money in there.
Yeah, that was a good trade here.
I. Mean, I think this actually just
took most stuff to unchanged on the week, if I'm honest.
It had been bad until a couple of days ago and then we're kind
of back to where we were. So most coins are just back to
where they were a week ago now, Yeah.
Yeah, yeah. I mean far coin I feel like.
It's in two. Yeah, this one just feels right,
dude. Someone wants more.
But it's tough when the main one it.
I feel like it's tough for the middle part here.
Forget the bottom part, but I feel like it's really hard for
the middle part to go higher as let's go.
Just like kind of stay stuck in this range, right?
I feel like Goat's been in the 8th ranging between 800 to
$1,000,000 to billion for a long time now.
Yeah, it's definitely been consolidating here for a long
time. A month actually.
Which is kind of a good sign. I feel like you you need that
people believe it's valuable thing.
I also think the main thing about a lot of these memes, and
you know this from from from chill guy, right?
Like once pups gets added on, cognance takes a long time for
that to like settle because you start and people start doing
like 10X levered and then you need a few wiped wipeouts
basically for it to properly rally.
And that's that's kind of a tried and tested thing that
happens, right. Like that's why I think that
till guy, in my honest opinion, needs like another spot listing
here to keep to keep it like or I think it could go sideways for
a little bit, not not necessarily go down, but I think
you just because people will lever trade it, lever trade it,
right. Same with Moodang, right?
They go sideways and then as soon as the spot gets added,
like it can be a lot more difficult for just to have like
a sustained rally. So needs to.
Consolidate crazy Wick and then they they could.
I was talking about this morning, right?
I was like they all do this and then it's happened to Ben.
It happened to degen, happened to mudang.
It's like they all have this like bleed for a bit and then it
feels like they just RIP again, you know?
Like no doubt, but normally after a couple of months or a
month like then. They go again.
So, so I think Goat's probably in the on the but but I can
imagine if I could look through all those ones that have been
mentioned, right. So if we go down like Mog Mog,
has that got Binet spot yet? Mog does not No, Mog is not no,
I think it would be way higher. No Mog's got perps, Goats got
perp. They all got perps because
that's it's funny though, like Binance.
It's they're being funny because like they list all these perps
memes and then you have CZ saying that name.
Corns getting weird, but then they don't spot that.
I don't I don't know, like they don't spot like the weirdest me.
I don't know, I don't know what's going on there.
Like you'd figure that forget my bags like, well, actually, no,
maybe not, but like Mudang, like you'd figure Mudang would have
spot by now. So what's the like?
How? How does something make it to
spot? They, they just make a lot more
money out of perps, right. You don't need a market maker
for perps. They basically just run it
themselves, so and. They.
Wipe you, they take it all out. They wipe you all out.
They know, you know, if you look at the actual money made by perp
platforms versus spot platforms, it's much higher for perps
because perps, you're generally trading at risk, right?
You're 10X levered. So the majority of people will
not make money on perps just like as an overall metric,
because you have the Lev levered aspect of it all.
So they they make so much more money out of perps.
So the lonely really list spot if they if perps volume stays
high for a long period of time and often I think if the prices
settled down a bit. Do you know what I mean?
Like so Mudang Yeah, that could that could get a spot listing
because it's it's settled down lower price points still doing
decent volume go Honestly, I think the best the best chance
for goat listing is Coinbase right now.
Yeah, GOAT could get Coinbase just because of just because of
what's going on in virtuals like I think.
It would be. Because all virtual holders
think they're about to get listed on on Coinbase too.
Yeah, it's probably the pump, right?
the IT feels, I was thinking I guess something about the AI
thing. It's crazy.
I don't have much exposure. I mean, I I have large exposure
because of Go. Technically it's the AI sector
being one of my bigger rags, but it's it's it's it, I don't know,
the whole AI narrative. Like the, I guess the more right
curve one seems to have moved to base a lot.
You know, like all these agents, like the all different types of
things, whatever the hell. Like it seems like a lot of that
action has moved to base right now.
So we'll see how how that that base narrative is sustained.
The last two times it wasn't sustained.
We talked about it yesterday, but let's see if it's sustained
this time around and how Coinbase itself capitalizes on
it, right? I think what happened really
there is just what happened with Phantom Phantom.
Yeah, Phantom. Everyone was like, right, what
can we pump? No other no real base memes
really pumped apart from the these a a I think they saw these
coins as like a a unique thing that the base was good at and
they could they could pump them basically.
Interesting and. I think, I think I'm not saying
that won't continue, but I think like you can check out if you
go, if you go Dune analytics, Dune analytics.
I mean, Brett has been $4 billion, dude.
Jesus. Yeah.
Wow. You want me to go Dune?
Go Dune. Yeah, dune.com.
What do you want to research? Virtual Virtual protocol.
Virtuals. Protocol.
Virtuals. OK, Proto, there you go.
Yeah, yeah. Just do that one here.
Yeah, yeah. Let's see here.
Wow. So the number of tokens
launched, you can see here is is is about in the hundreds a day.
It's not unbelievably high. It's not like new coins at this
at this step. So although they I think they've
burnt something like in the millions of of I don't know if
you burn it actually, or like they've paid in the millions of
virtual to to to list these. So it's still like an early days
story, if I'm honest. It will be interesting.
Whereas I don't know how many agents are made on Eliza, Eliza
agents per day. I wonder if anyone's written
that, but I think it's, I think it's, it is absolutely insane
amounts. OK, interesting.
It's going to be interesting to follow.
But on base in general, I was wondering, I like to think, I
mean the best way to see if these tokens are going to if
their leaders are doing good, right.
So it's like they're not moving that like Brett has already
moved up here to 170 billion before.
Where's Migos at? To me, Migos is like, I don't
want any. Migos is like the bulk of base,
right? It's like the animal face of the
Coinbase meme or whatever the hell, right?
That's how I see it. What's that?
That's 90. That's 98,000,000, but it went
up to what? Went up to 188.
So yeah, I guess you're right. It's really the base activity
right now is really all these, these meme coins, these AI
coins. You know what's really going
really hard? It's AIXPT, though.
That one is like nonstop. Because it's a, it's a, it's a
one on. I mean, it's interesting that
that Luna basically 200 got slips, yeah.
God damn, look at this. Yeah.
Jesus, Wow, have you? Seen the Twitter account though,
like it's getting decent engagement.
Yeah, I had a notification. I had to turn it off because it
was just like doing the last system, some random coins.
And actually I was trying to tell this morning about it.
I was like what if it's wrong and actually apparently did the
wrong analysis on Vader it. It's wrong all the time.
It has hallucinations all the time.
I don't. I don't think this is maybe.
What is it? So Tyler said the same thing.
What the hell is an hallucination?
Hallucination is quite a popular term in AI to refer to when the
AI just makes something up. Like you'll ask it a question
and it will just make something up.
It'll probably, it basically makes up the sources, that sort
of stuff. So when when you say a
hallucination, it's often that the AIS has made it up somehow.
Interesting. So its analysis will be wrong or
like completely misinterpret the situation.
OK, interesting. OK, I'm I'm curious to see where
this where they where they where they take this like what for
you? What's the upside?
What's the upside left on something like ISBT?
Like for me, I was so tired about this morning because I was
like, So what where twisting this go?
It's probably zero bro levels, but then it's like to get so
like to get to that next level up.
Like right now it's this is just flip bully, right?
If you were to put it against like the smaller ones.
Yeah. Flip bully.
Look. As I've said to you before, like
I think the AI agents are the most difficult to play like, and
I also think they're also the most dangerous because there is
a new one each week. There's literally a new one each
week. Yeah.
If I'm honest, the one that I that I liked which I I've said
at that lower price was AI16Z because it is parable to
virtuals right? Like it is, it's a it's an
infrastructure builder interesting, but and he's but
he's lost like the trust. So like AI16Z if it hadn't
screwed up like could be 2-3 X its price right right now.
Yeah, you bottomed that too on that on the T GS podcast.
So it was like 150 I think, and then I think it's 2X it's.
But then who knows, like Zero Bro is going to come out with
its own version of this as well. And I feel different others like
that at the moment. Yes, there's only real 2 blur
and and and and open C of this NFT analogy, but there's going
to be so many more. There's going to be so many more
in in the coming weeks. But right now, the one if you're
like, oh, what looks cheap? I I would still say the AI16Z at
300 million versus virtuals at 1.4 billion seems wrong for the
amount of activity going up on both.
But the the tokenomics actually aspect of it is slightly
different. One of them is a DAO which you
know you have your experience with Daos, and the other one is
is more like a you have to use. You have to use the token to
actually create an agent. When, when when I started to go
with fucking TG and Frank and shit were like trying to push
the DAO model on the timeline and their streams the other day,
the other week. I was like, that's are we going
back there there again? Like I, there's nothing I'm not.
Doing it just one more goat. Goat looks.
I did mother I I reckoned goat with my back on the dip.
I literally whatever I topped at 1 billion.
I bought the same amount of the dip on purpose just so I could
just so I could double the position because my goat keeps
talking about it. He's Mendel's out there shilling
goat like everywhere. Y'all like he's in the boys chat
all day long. Goat, goat, goat.
He. He.
When was the last time I mentioned go?
I barely ever mentioned it. Just now I got you got you.
Bitcoin is about to hit. It's it's all time high, which
you absolutely love to see. Maybe it's because we got that
big Miami energy that just joined us on the show.
So hang tight. Y'all raffle bought that XYZ for
the giveaways. The code is hype, HYPE, which
quickly I'm gonna go to y'all. I see Joe, I see Blondie on the
Twitter space. I'm going to y'all in a minute.
But man, though there's a big air drop happened this morning.
This hyper liquid one dude, I didn't partake because I didn't
really use hyper liquid in Richardson.
Like damn, why didn't I? Because obviously I treated a
lot this last few months, but seems extremely successful.
I mean. Hyper Liquid has been one of the
the the most successful apps in crypto this year.
This was a very, very hyped. This is not very, very hard.
It is a pup decks. It's not there's not really much
more to it than that at the moment at least.
But the UIUX was was very much liked.
It's on Arbitron, which it's like the number one app on
Arbitron. But just like so far, I don't
know if they go down the route of DYDX and do their own chain,
but yeah, that's where we're kind of at.
Like I think it's kind of like Jupiter, you know, it's got that
much of A of a market share in, in perps.
So yeah, it's. It's good for people I know
where's I know like OG Farmer. I know like a lot of the big, a
lot of folks got a big. All the perp traders, all the
big perp traders have have done well from this.
Yeah, that's good because the perpetrators are degenerate, so
they just put it right back into the market, you know what I
mean? Like, it's not like they're
gonna go and like, take it out and do this.
Hopefully they buy, they buy, they they buy what what, what,
what we're into. But anyway, so that was a good
thing. I mean, you love to see it,
right? Like we, we, we need stuff like
that. It's good for the space.
It's good. These airdrops have magic eating
coming, you know, God willing, the open sea tokens come in.
But I don't know what I's gonna do, you know, maybe Madam ask.
I don't know. I don't know.