Yo-yo, yo. What up?
Good morning.
Good morning, GMG. Wednesday.
Is it Wednesday?
Yeah, it is Wednesday, right? Yeah.
Wednesday. Wednesday.
Wednesday, Wednesday, August.
Sorry. My day is my God.
August 21st, 2024. Four, four.
Look at that. Another beautiful day to have a
beautiful day. I got my Co hosts in the house.
He's not wearing his shirt again.
We sent a post saying that you need to put the shirt on and of
course we knew before the show. Of course we knew.
I'm playing. It's because you work out before
the show. Did you?
Yeah, you definitely look like you had to work out.
Anyways, I got my coats in the house.
Tyler Mando, how you guys doing today?
Good morning. Amazing man, how are you?
I'm good, I'm good, I'm great. Like the What's that?
Is that a weekend quote anyways? Good punks.
Punks are back. ETH, NFTS green across the
board. Love waking up to some nice
green here. I wonder what type of NFTS am I
bull tweeting today because yesterday the say NFTS tweet we
should make a clip of that. But even the founders started
like pumping their own bags using my tweet.
You know, it's I, I never we've never been sold back, you know,
say NFTS tweet. I mean, my fantasy top holders
Tyler are rejoicing. I've nearly 50 in fantasy top.
I'm absolutely fucking killing it right now on fantasy top.
But that's say NFTS tweet that that say NFTS tweet got me quite
a lot of traction. So maybe today we do Tron Tron
NFTS. They have NFTS on Toronto.
Yeah, I think they do. I think they do.
But anyways, I'm sure we'll I'm sure we'll.
I can't even find. I've been tweeting too much.
Yeah. 400 likes, 43,000 views on the on the say NFTS tweet.
Look at that. You know that's what happens
when the founders themselves are pumping that bag.
So we'll see which we'll see how you know what this is how we'll
see how hard your foundation is working.
OK, I'm going to tweet every single foundation's memes into
and let me, sorry, NFTS. So found name foundation NFTS
and let's see if your favorite foundation's founders are, are
quote tweeting me. OK, see, that's bullish on say
NFTS because the founders themselves not only have quote
tweeted, they've shared it. They want to give me retractive
funding for the tweet #grant. They want to like, you know,
this is this is it, this is it. Anyways, today, today market
report as usual, I'm sure we have a lot to talk about.
I mean, what a flush, but we're back at $60,000.
So you absolutely love to see that.
You know, we are so back, you know, 59 K, we're going to 4060
K, we're going to 100K. You'd love to see that.
Tyler's top 100. Let's see what Tyler's going to
store for us. I'm sure we've got a few.
Agree, disagree, agree to disagree.
A lot of moment momentum on NFTS, obviously love to see it
and that and that's about it. So without further ado, Mando
Mando Mando AKA Tron specialist, let's go to you who is the main
macro daddy of the land. Can you dig it?
GM looks like exactly the same as yesterday.
Bitcoin back at 60 K. We flirted below.
We flirted above. We're still at 60 K.
Bitcoin outperforming still feels like Solana and Ether
slightly underperforming. Bitcoin dominance is heading up
towards 58%, which is kind of wild as we've spoken about a
little bit Tron. Tron was the biggest gainer
yesterday. It is now the most profitable L1
in crypto. It's it's overtaken Solana,
overtaken ETH on a daily metric. Money's been moving there.
Obviously the majority of this has been coming from meme coin
trading, but the Tron network is now up.
It was up 20% yesterday. It's up about 60% this year,
slightly higher now. So yeah, anyway, it seems we're
doing relatively well at the L ones and that's what all the
focus is. That's what all the meme meme
trading is happening. It was quiet yesterday, Macro
today. I think we, I think Jackson Hole
starts today, but I don't think, I don't think the OR maybe it
starts tomorrow. But I know the big speech is on
Friday. Today we're going to get the Fed
minutes, which might give an indication of of interest rate
cuts, but macro isn't really moving.
Stocks and gold are all hanging out near all time high.
The dollar has been slowly weakening and crypto crypto it
looks So on the on the positive side, you have very low funding.
In fact, you have negative funding for Bitcoin, some of the
most negative it's been in months actually since FTX.
And that is also the same for some of the other major.
So Ethan Salama, so you have been paid to go long some of
these coins at the moment. This is yeah, very, very
supportive environment at the moment for for crypto.
That being said, obviously the sentiment is very, very low and
people are are, you know, there's a lot of talk about just
consolidating into majors, consolidating just into Bitcoin
really. And the fact that Solanas meme
coin activity seems to be slowing maybe puts that chain
under a little bit of stress. There was a tweet out by a
couple days ago, I think it was maybe on Sunday or on Monday
morning, basically saying there was going to be some very, very
big news coming out for Solana. The big news there would be some
sort of indication that we were going to get fired answer.
But it could be something else like the last time he said he
tweeted about this was when they when they did blinks, which is
quite a big deal. So we could have something there
for Solana. You have italic bull posting
today so but other than that it's it's relatively quiet and
everyone just looking and wondering whether they should
move money to Tron to try and make money on Tron.
Yes, I think the, I think, I think when I decide to to
finally move is when you guys should call it quits.
Yeah. Oh, yeah.
Let us know. Let everyone know, yeah.
I think, I think that's when, but hey, I, I, I, I added to
longs on this dip. Usually I would have been shaken
out. New me, new PFP, new me, you
know, I, I may, you know, I may, I may, I may launch AI, may, I
may launch a coin tied to my trading, my trading Lord and and
you know, start a start a telegram chat here.
You know, you guys could tell me if you want, you know, maybe
I'll I'll get Robit to create like a like a Faro Persian
manlet, because that's my use it in my robit like tailing, you
know, anyway, so tell me more about this Tron stuff.
So Tron is a backup apparently to like ICO prices.
Yeah, pull the chart. Let's pull up the chart trading
view. Let me show you guys but I.
Billion dollar FTV right now. How much?
$16 billion FTV. It's up the start of the year at
yeah, around 1:00-ish. So it's up 60%.
It's, it's up more than Solana. This this this year, it's up
close to what bitcoins up so I think even further actually.
So it's one of the best performing at once kind of a
very aggressive move since the start of August really.
And Tron, like we've already spoken about, no one likes
Justin Sun. It's it's very tied to himself,
his personal brand and some of the pro the major protocols on
the chain are linked to him in D5.
They've never really they had much going on except D5 and
payments really. And the D5 was all a bit Pontius
like as with all D5, but it wasn't it wasn't like they were
seeing huge volume from some of the the better known D5
protocols. But yeah, this meme coin cycle
has kind of really catapulted them in terms of activity.
And they always did used to make quite a decent amount of money
because the payment side of the business was was always pretty
strong, as we know from Tether. And now that they're adding the,
the mean point trading side of the business, well, you know,
Tron could potentially have a like a bullish narrative around
it. So at 16 billion and it's making
we can go on to like just type in defy llama fees.
We can look at how much they made.
So. It's loading.
For the last 24 hours, aiming $4 million.
There you go. So you make $4 million a day,
you're making, well, you're making over a billion dollars a
year and your chain is priced at 16 billion.
People can get pretty bullish on that.
His Excellency is cooking. What's salon attorney at from
that metric if you're looking at annualized?
Fees. Billion dollars a day, but on
good days it's made two to three.
Yeah. I mean the other day looks like
it was making nearly A4 plus for a few for a bit a.
Short period, yeah. I think on average it's it's,
it's averaging out to around being about a a billion or just
shy of a billion dollars a year at the moment, Lana.
And ETH is kind of similar, you know, remember, Solana has been
slowly flipping ETH in some of these metrics on the L1 at
least. But Tron coming out with these
numbers, you know, these these aren't small numbers now for,
for, for a chain with a relatively low, oh, actually
it's FTV. It's 14 billion it looks like
right now. Yeah.
It's cheap. Is it like this thing has a new
narrative for 48 hours and all of a sudden $14 billion?
Is that what we're, is that the narrative we're going for on the
show? Lads, you guys seem like it's
taking the pill. It looks like you guys are like
deep in the truck. I've got no money.
On Trump, just to let everyone know.
You got what? I've got no money on Trump.
Are you sure about that? Because you've been, you've been
like bull posting, bull talking, at least.
I've been bull. I've been making memes about it,
but no interesting clear. There's been money made like
Sundog. Oh yeah, yeah, yeah.
Yeah, one that we mentioned at 180 yesterday, 270.
Fuck me and also deck Screener yesterday after the show.
Remember, we were like, yo, Deck Screener doesn't have doesn't
have thing too bad. Sunscreener never made it out,
but Deck Screener had a Tron. And then the other thing I have
to say, this tweet by Newsey Johnson.
I mean, let's just talk about Tron for a little bit, right?
But this tweet was so funny. One thing about His Excellency
is that he never fails to capture moment when everything
else goes to shit time and time again.
Newsey Johnson and it's so freaking true.
Remember how hard he was farming Ukraine?
And now look at this. That was hilarious every time.
That was back in 2020 during the during the COVID pandemic where
he was like, I don't know, trying to show his support to
Wuhan. And then he was of course
tagging Tron Foundation and like he he was trying to do that.
Oh, look at that. Capri's son launched.
It went to 10 million an hour to no way, no way, dude.
I. Oh my God, it's here.
It's #26 on deck. His house dude, are you?
Dude? That is cool.
I'm glad. I'm glad people made money.
The straw stays in. That's their tagline.
The straw stays in the. Straw state.
Oh, this is such a if I had money on Tron right now, that's
why I'd be buying, but that is so good.
That is so good. I'm looking, I'm looking.
It's so funny, but it's so true, right?
Something about I mean this stuff like remember this, people
are putting posting reminders, right, like he was like all in
on slurf. He was like he's always all in
on these narratives. But one thing about his
excelency Justin son is that he's never scared of of sending
$2 billion in one transactions in crypto.
Like he doesn't even send test transaction.
The guy like raw dogs, like 2 to $5 billion in one transaction,
which is something I always found really funny about.
Go back or he'll do a hard fork to get that money back if he
needs to. Man he.
Doesn't give a fuck. Don't take money anyways, right?
He just prints it. Yeah, he doesn't give a fuck,
you know. So anyway, so look, he's, I met
him last year at KBW. I wonder if he's going to be
there this year again at the, at the VIP speaker then or there.
It was like him. He was hanging out with Sundeep
from from Polygon, quite a duo actually.
When I think back about this, what is?
So what is Johnson's? Justin's son's been tweeting
because I can't see his tweets and I'm not in the business of
making a knot to read someone's tweets.
So has he been on the heater? He's basically just like hinting
at pumps for all this stuff. OK, what?
What's this one? What's this about?
Well, this is I think it's attached to a game.
Wukong is the name of the game I think.
Interesting. Well, there's.
Got two of these coins by the way, there's there's like an OG
one and a C TO1 apparently like I don't know that much, but this
one, this is what his PFP is right?
His Justin Sun's PFP is this is this Sun Wukong thing?
Interesting. Well, look, I hope people are
cooking like honestly, like if you're in the, if you're trying
to make money and you're like fix yourself, right, You're
trying to make money and the Solana trenches, they're not
cooked, but like a lot of people are claiming they're done and
bummed up fun narratives. It's like, then kill them
everything, blah, blah, blah. What do you do?
Right? There's not really memes on
earth. I mean, Earth itself has been
kind of cooked. Like Italic had to bull tweet
today. And then like, where do you go,
right? And you hear this shiny new toy
called Tron, though it's not new nor shiny and you still go for
it. Though I don't blame people.
Right. I think the the bit, the benefit
people are saying right now is that there are not that many.
Bots. Yes, I'm like that.
What the ton of like Photon or Bullocks or MEV bots at the
moment? So it's a bit less, you know,
view versus the bots to snipe this stuff.
So people are getting in relatively early and they're
just like riding their new money coming into the space.
So apparently it's just a little bit easier and they're on Solana
right now. But at the same time, there's
going to be one day. I don't know if it's today or
tomorrow or in a few days where everyone realizes they own a
bunch of Justin Sun related memes and they'll all be down
50% in one day. And then you'll, you'll question
why you own, you know, fucking Capri's son.
Or someone pitched me the mug. The mug of of Tron.
No. Is it called Sun Mog?
What's it called? It's called Sund.
Oh, there it is. Yeah.
Wait, how's? It's up 2400%.
Man, you can. Go check it out.
Let's go. Look at this, you know, also,
but first, before we do this, I, I just I do want to bring up.
I do want to bring up this tweet by man.
I'm a manis at the moment. I'm a full.
This one hurt me personally. You said pack holders realizing
they needed to breach the Tron. I told him it was too soon and
he goes. Sun Pack has a nice ring to it.
Dude, doesn't it take much to be the number one meme con on on on
Tron at the moment? Yeah, it's, I mean Sun Army is
not. Oh my God this is crazy tweet.
We we really need to get to the bottom of who launched this
Capri Sun token and if they're a listener of this show.
For sure listener of the show, I mean they have to be let's go
look a little bit, let's go look a bit because then you know
markets are kind of like whatever and we'll get to
tellers top 100 but. Let's is is a game.
I think sund is the mug, but like I went on to the Twitter.
It's it's we've got mug at home, you know, and then you got Sun
Cat, another Wu Kong. So you got another Wu Kong.
Like I said, there's two of them.
OK oh that's Leap was streaming last night.
I was looking for spaces to join last night 'cause I had an hour
to kill and Leap was like literally just like streaming
him playing Wu Kong. That's what it is.
Yeah. And then some.
Doggies see like Persian trader like tweet about this a lot like
a bunch of creators or people like dude it's like.
K whales are getting into a lot of these all all the.
Oh my God, piao again, the Chinese Pepe.
I've seen that movie play out so many times I.
Saw Juice, did juice dance on? Yeah, I love that one look.
Where? Where?
Like the juice dance on? Oh God, come on.
Where? Just down one.
It's right below Capri Sun Juice and soon.
It's Oh yeah, those are but the Spuderman meme.
Damn. Well that that speaks for
itself. That one's cooked.
How's Capri Sun doing? Oh, are you kidding me bro?
Strauss stays in. Kidding me?
Are you kidding? A millionaire, man.
I told you that would have gone straight to 10 million.
I actually said it live on the show.
I think you did say that 10 million.
I think you said five, but yes, you're right.
Dude, are you kidding me? Like seriously, you guys are
doing this behind my back? We can.
You want to launch Sunduck for me.
You want. You want to be?
You want. To be So, what would be the epic
version of Sun of of of of, of, of Tron like?
Yeah, Sunduck. I think Sunduck is probably the
best. I hate when it does this.
Jesus Christ, hold on. My camera broke again.
You're back. Oh, we lost him.
He's off. I'm developing Sundock.
Epic. So what would be sundock and no
duck? Epic, Epic duck.
Sundock. Yeah.
Yeah, we got to be careful. Muhfucka is about to likely
like, pin us for, like, creating stuff while we're hosting live
on air. My hands are here.
Show your hands, everyone. Show Tyler.
Show your hands. I don't even know how to get
money onto drunk. I do not need, I do not need
another coin. I.
Mean you. Know your future is Omni chain
Mendo so you could run that narrative or starting.
Talk about the PAC team, you know, just just stop it now.
You have the ability now to just be like.
Honestly, the PAC team has the ability right now to fucking
like, do something crazy. Yeah, and oh wow, my document
has said the Tron dog could be Sunny.
D Get it sunny. D Light, sunny Duck sunny.
Oh wow, yeah. Sunny D is going to launch today
100% Sunny D Light. If if yo we are literally AI
used to drink sunny D every day in this one.
What was the tagline for Sunny D do you remember?
We're literally building people. What's in your fridge is.
It is it what's in your fridge? I mean, it was brilliant,
brilliant. Sunny D was so no, it's boldy
original. No, I remember the the ads.
But the commercials were all like, what's in your fridge?
Sunny. Oh, like blue stuff.
Oh, Sunny D Sims. Probably listening to this show
on his like. Yeah, it's right there.
Oh, it's cool. Sunny Delight, The good stuff
kids go for. The 90s, the 90s was such a
great decade. Wow what a classic.
I mean I wasn't born. Mando was like 5 and Tyler was
30 so. Take it easy.
I'm I'm surprised there's not been a sunny D launch on Tron.
We're just going to keep firing off the name ideas for you all.
So Capri's son that stand out of this chat and is now at $10
million. It is great pumping.
We should stop and then Sunny D you know, Yeah, that would
that's. Oh, yeah.
Yeah. Yeah, yeah, yeah, yeah, yeah,
yeah, yeah. OK.
We should. We should probably stop.
All right. Is that it for Tron?
Are you guys over this Tron like?
How long do you think that's enough?
So people like some VCs are getting bullish.
VCs are getting bullish on everything because they missed
everything. Like they're altered Like the
amount of VCs that are down underwater.
What? Abby Feldman, who does the 1000
X podcast on, I'm pretty sure it's him.
We posted it. Yeah, Tron is basically up only
this year and it's also generated the most fees out of
any crypto, crypto protocol over the last 90 days.
I did not realize any of this. What is going on?
It's true. Like they are making money.
So it's over the last 90 days, it's beat Ethereum, Lido,
Uniswap, Bitcoin, Solana. But that's like a week long.
It's all. Single coin transfers.
So it's all, you know, countries that you getting away with some,
some stuff. There's a market.
There's a market for that though.
I mean, how do our, how do my, how do you think these people
are feeling now? Like all the attention is on
that chain. Probably good.
All their they move the prime to Solana.
So I think these set the line at two weeks.
I'll take the over on on two weeks in Toronto still being
relevant. I think the the problem is these
memes might not be like these memes were in so far so fast
right? Like.
I think the memes should be about financial crimes more.
That's what I think. Yeah, we should.
They should be we. Should they will have more
statements? Let's come up with one last one
that's about wash trading but tied to sun like crime sun like
something about like. Sanctioned city, something like
that, you know? Yeah.
Sun sun sun sunshine countries or some some like some 2.
Countries that would be incredible.
Sanctioned countries. Oh my God that would go to like
100 million I swear. I mean, all you have to do is
look for words with sun in them, right?
So sure. Just get a list of the FBI's top
Top 20 most wanted. FBI Most most Wanted with Sun in
the name. Let's see.
No, you don't need sun. You just have that as your as
your banner. You know, all top 20.
No, I don't think there's any FBI most wanted.
I don't know. Oh, there's this guy called Sun
Kai Lang. OK.
Perfect. And what?
Let's see what he did. Oh wow.
Oh yo, that is a good one. That is a fucking.
Skyler, one face of a nine figure coin.
Yo-yo look at this guy bro, you tell me this ain't going 100
mil. Oh my God.
Like what did he do? So Sun Kai Lang, AKA Jack, Sun
Jack's son, that's his nickname on May, where it's in
Pennsylvania, indicted 5 people, members of the People's
Liberation Army, People's Republic of China.
Perfect. Dude that is perfect bro.
He's on the most wanted list. Thing you would imagine the
people on Tron are doing stuff. As well.
This guy for sure commits on chain crimes on Tron for sure,
for sure, for sure. I mean.
And by the way, at this stage, I don't know why you're not
watching the show on video. But anyways, what did he do
though? Looks like espionage, cyber
espionage, it just gets better. Where do you?
See that Oh cyber espionage brother brother this guy for did
that. OK, so we found the perfect
crime. You know meme coin to launch on
sun on Tron sun or the host opinions are their own right?
When I come on this show, I'm not the president of the Star I.
Am you got money on Tron yet? Are you a?
Tron, I don't have any money on Tron.
I didn't do it. I I have I'm honestly, I wish I
was less busy because I would have done it and I probably like
move like 5-10 K just to fuck around and find out, but I am
I've been really busy and I'm not in the business of losing
money because I'm not focused and shit, you know, I've just
been longing dibs dude. That's all I've been doing
lately. Mando with small size.
Like tiny tiny tiny tiny tiny tiny tiny size.
You're a meme coin dev on Tron though.
You can be a meme coin trader on Solana but.
You're a meme, are you? Are you saying this because I'm
Iranian? That's racist.
I'm just saying that's racist. That's racist.
OK. Just because my people literally
use Tron blockchain to wash launder money doesn't mean that
I'm OK, you know? Doesn't mean you know.
I think I think you could do numbers over there.
I I will not explain you. Know I I feel heavily miss son.
They're stood right now, yeah. Good one.
Thank you. I'm looking at words right now.
There's a lot of words that contain the word son in them,
you know. Yes, there are.
You know, there's a there's a lot.
Keep looking. You got the mean Jack, son.
Jack, you know what? We got the mean Jack, son, with
that face, I mean cyber espionage.
I mean, look at that. That is a that is a that is a
banger. Oh my God.
Not the the rugged radio team is tweeting me like it texts me
like, hey, yo, like what what are you doing?
Oh, Benjamin White just said that's our VP, your creators.
He said in the Star Wars universe, the Black Sun is a
powerful criminal syndicate that became prominent during the
Clone wars. Whoa, Star Wars Tron.
Tron is very Star Wars ish like name like.
All right, maybe we should stop, right.
I mean, I'm, I'm having a lot of fun, I'm not going to lie.
Oh God. Anyways, anyways, you know what?
This is a great segue. Let's.
It's. Fire not this one, not this
button, not this button. This one for daily NFT and
crypto analysis. Oh my God, that's a talent.
Hold on. This is great.
They should launch one called the Tranches.
That is good. All right.
Never mind. Not sure how I can follow up the
tranches ideation but I'll try. Crypto majors, they're dipping.
Summer chop continues but trot outperforming hitting a new all
time high. We saw Donald Trump re flip
Kamala Harris on Polymarket on Tuesday.
This is a big swing. He's now back up 5247 after it
seems like RFK Junior is perhaps going to drop out of the race
and maybe endorse Donald Trump. Though we haven't really seen a
Trump pump yet in the crypto market.
In other news, a lot of investment news.
We saw Binance Labs announced an investment in corn, which is a
yield network on Bitcoin. They raised a $6.7 million seed.
Paradigm LED a $7.5 million seed in Sorrella Labs, which wants to
solve eats Nevada problem. And then story story protocol.
This was the blockbuster news from this morning, $140 million
rates, 140 million rates for its IP blockchain.
They're backed by some of the biggest.
So in other news, we saw Metamask introduce this new send
and swap feature. Pretty self-explanatory.
We saw State St. announces a strategic partnership with
Taurus to go deeper into tokenization.
So that's a big one from State Street in memes.
Meme porn majors they are read the Tron memes are
outperforming. Sundog hit 270 million.
Simon's cat Mando brought this up on yesterday's show.
They raised $4.25 million in meme coin pre sale that is set
to launch on BNB in partnership with Floki, DW, WF Labs and the
B&B chain and then the Packman team.
They eventually launched Army on Salon yesterday it opened up at
12 million but it fell to $7,000,000 overnight, leading to
Mando's advice that they perhaps bridge over to Tron and NFTS.
This is where the good news of the day is.
Crypto punks rally 30% to a 29.5 E floor after their biggest day
of sales since November 2023. That led to a broader rally
across Ethan FTS Major's up five to 10% Snow probe.
He's set to mint. Guys, this is it.
The final Chrome squiggle is minting at 2:30 PM Eastern
today. That NFT is going to go straight
to the LACMA wallet. And then we saw Danny Cole.
He's returning creature world Creature Cubes is dropping.
It's an ERC four O 4 project dropping on base.
So that is the roundup. A few areas that we could dive
into. All right, well, you know what,
I'm going to start. I I need to close this Capri Sun
chart because I own 1000% and it's driving me fucking mad.
Like I'm sick right now at 2X on the show.
Straw stays in. OK, hold on, let's get Vanessa
does this thing where she she gets stuff out of my head.
I'm going to get the Tron names out of my head.
All right, OK, all right, let's start with punks.
Let's start with punks because these changes PFP back and at to
me, these changing his PFE back to his clean pure punk without
all the crazy stuff he always does is iconic.
Now I have to follow suit. I had to follow suit because
these is too much power and I see my fellow punks in the
audience. I'm seeing a lot of new punk
soldiers. I see Dave Corp down there, not
new punks, but I see a lot of OG punks, fungible and a lot of
folks down there. I see Fujo see a lot of y'all
down there was super coming. Talk to me, Tyler.
What we've been seeing in the last 40 hours is awesome.
Yeah, I think what's interesting, a lot of the
criticism of this latest, like, NFT Rally is that everyone's
talking about NFTS coming back, but no one's talking about
buying them. But we're actually seeing people
talk about their punk buys. Oh my God the wild hairs are
flying bro. The last few is hell.
Wow, what? I changed my PFP back to wild
hair. Everybody wants to wild hair.
Best hair in Web 3. Yeah, we saw.
So like there's some promising sales.
So we saw this aesthetic punk sell.
Where? Where is it at?
Maybe Scroll down a little bit this one this.
One gorgeous punk, this one. Yeah, Oh yeah, that 153 and a
half eight, the purple cap. So that was almost that's about
two X the floor at the time. So, you know, that was a solid
sale. We saw intraday flips.
So if you go back, that albino smile.
It. Flips from 33 to 39 in a day.
Genius. So that's a nice little little
single day return there, 15,000 bucks.
Those are just like the the types of things you like to see.
I think in a market that that might be somewhat coming back.
Of course, it's a small sample size.
It's it's it's early, but man, these things were kind of
holding at 21 to 22 for what felt like a couple weeks.
They went below 50K on the back of the yen carry trade crypto
crash. I think they went to like 4547
and now they're back to what? So what's 30?
That's 7580 thousand so. Right now the floor of a punk,
yeah, we're looking at, I mean, last time was 75 K also
fluctuates so much with the price reads.
So in ETH we're up big time. Like it's 29 and 69, right?
Like ETH is down versus yesterday.
But in ETH price you're up what, four more.
There was pump selling for 22 weeks yesterday.
Yeah, Punch was like 23 four, I think 24 maybe was the four.
So it's up. It's.
Still, for as low as 19 E, you know, even Beanie called for the
comeback of punch, he said. Bottom's over bottom.
'S over. He's only only 75 to a 44.
And of course, you know, you got to be careful with those types
of numbers because the four can fill in, of course, but it's
thin. Yeah, I have to say though,
let's bring up the agreed disagree tweet here because I
want to I I personally want to call him out.
I personally want to call out kicks on the show.
Is he listening? He tends he listens something
I'm going to call this no punk route.
OK, typical cope from someone who missed the bottom.
OK, he's even already backtracking by the way, he said
I can't wait for punks to go to 58th in a few weeks so I can get
absolutely roasted so that already back 4 1/2 hours later,
he's backtracking. He's saying that yesterday's
pump was was washed trading. It's not.
I don't think it's true. First and foremost, I looked at
a lot of these wallets. They're not reselling them.
There's not that many that are being sold.
Again, interlay trading on punks is has always existed.
And also when you have large moves on punks, a good way to
make money. Like Cyrus already sold this
punk for like $24,000 flip or something.
And there was this guy who posted yesterday.
He's the one who swept 200 worth and he's like loading up another
300 clip to buy more. So I actually strongly disagree
with this. Jake, what do you think?
Yeah, of course. I I love kicks.
He's one of my favorite followers.
But yeah, I'm I'm going to disagree.
I I I'm a big I I good friend. Love the guy.
I'm obviously fucking around but I think he's wrong.
Yeah, I think, and I don't think there's anything fake about this
rally. It feels very real.
Like this is one of the hallmarks of NFTS, is you can't
miss the updates. You know, they're violent
upswings and, you know, FOMO kicks in and you go from 22 to
30 in a day. I don't think anything
fundamentally has changed about, you know, their path to a
million like we talked about on yesterday's show in the product
collectibles market. But they're probably just
hanging out too cheap for a little bit too long.
And, you know, we talked about like, mug as the alternative.
If memes are cooling off for a while, maybe.
I mean anyone who bought the the dip on punks is up more than if
they would have bought mug. Yeah, I mean, if you bought the
dip on punks, you dropped like $20,000 already.
So there were signs for 50K yesterday, right?
So it's it's not that bad. Not too late, Mando to get your
first punk. You know, those top hats are
looking good. Just, I'm just saying, you know,
when the floors get swept, people tend to buy mints, you
know, I'm just saying. Let's see, let's see.
I'm bullish on punks. I've said I think they're a good
long time buy. What about you Tyler?
I want to have to also get you to buy your first punk.
I could see Tyler with like a purple, purple hair punk, like
something like that. I'm going to need a army to to
bridge to Tron and and merge with Jack's son and Capri Sun.
So so should we segue to that like I have the chart open here?
And there's not a whole lot to say.
I think it was, I don't think that's a huge surprise.
Like it ran up into the burn slash migration.
I think there was some expectations it would sell on on
day one. Unfortunately basically kind of
erased the whole gains that that were generated from the the bird
migration play. So now it's just a question of
where they going to go, like what are they going to do from
here? I did see this, this idea that
folks were like generating PFPS of this new like army character.
I think that is interesting. I think that's the type of thing
they're going to probably need to generate momentum again, more
folks talking about it, you know, more, more signalling on
the timeline. I think the team's going to have
to do something here to, to, to generate the interest again.
Because now, you know, we had this major event behind us.
The question is what's what's coming up next?
I'm sure they've got some ideas, but it's wasn't the best first
day. Yeah.
I mean, you can't like you can't blame them, right?
Like it's just the fucking Solana meme coins right now.
Pick up Solana meme coins right now.
Every single marginal dollar just went into Tron.
Yeah. Where do you do I just go to
like here's Solana overall here. Just if you have a watch list or
whatever like. I don't have a watch.
List it's filtered by market cap, I mean you'll see the same
model. 24 hour. Then you do market.
Cap, market cap here it's. The far right.
There you go. Right Gigas up 6% everything
else. Just, but what did you ask?
Because I think it probably dipped.
Oh, wow. It's still a $200 million coin.
Yeah. What's Numua?
What's my what are what's the my favorite coin that I don't own
at? Most modern meme coins are down
10 to 20% today, or like 5 to 20.
Yeah, I mean, that's normal, right?
Like the attention and the meme coin, like all the trench
warriors are. Yeah, everyone.
'S going to gamble on on Sean. Yeah, it's it's it's Yeah, I
mean, you're right. Everyone's gambling on there.
What do you think? I don't know.
I think like Swan means like the good ones just going to rage,
pump back out. But like this whole Trump thing
is over. What do you guys think?
I. Hope so.
I don't think the majors are are done yet, but I mean I I'm also
like I can look at the swift chart.
It doesn't look good. Like there's nothing that looks
great about it. I mean the VCs of all exited
probably so they're done with that.
It's it's it's looks like it's not working.
What did someone say about the doc here in the comments?
Hold on, someone said I'll tattoo epic doc on my forehead
for a punk. I'm reading the reading that.
I don't. Know I'm I'm gonna test.
Him here. Be careful because last time
someone told me they'll tattoo that my punk on their on their
arm for something, I didn't even agree to the deal and they'd
still tattooed my punk on their arm.
Yeah. That's the that's the legend.
So so that's that Tyler, what else you.
Got yeah, maybe I pull them back to NFTS yeah, let's.
Talk about NFTS. So like Bored Apes?
What about them? They're back to 13 1/2.
No way. Yeah.
Wow. So like, what are they up on the
month there? Yeah.
So they're up 44% of the month. Interesting.
So Gordon Goner was tweeting last night.
I actually missed this. I just saw it this morning.
He's working on their he's working on their board at
treasure hunt. So the first time in three years
he feels control over something. So he's back.
They've got some positive momentum right now.
They're still punks are soaring. So they've got the major up
ahead of them perhaps pulling them up.
It's it's an interesting. He also tweeted half an hour
ago, so he's backpack. OK, I misspelled.
Yeah. Oh I mean he it was during the
show, but I don't want to build something just to outperform my
peers. I went to lock in something so
fucking fun for the apes. His gravity pulls the entire NFT
industry up to my wavelength. I'm bored of sweatshirts and
logo Tees. Calling this a treasure hunt
isn't enjoying this stuff anymore.
This evolving into something so much larger.
I mean this is bullish for NFTS on Ethan General because like
points go up. You know you got eco go up and
the rest right. I even saw someone shilling me
bits again this morning. I'm like.
Oh God, I saw that too. Throw that aside.
Throw that take in the trash can.
Sorry Sergio, but you? Know Mando, we can tell every
time Tyler got rugged on something with his eye.
But like, this is like the back to basic stuff that you have to
be like incredibly excited about.
Like the the excitement of bored apes in 20/21 was like the road
map and like, what are they going to do next?
And then they, they totally abandoned the road map, right?
They just started focusing on the other side for the most
part. And it felt like that the
original 1 just kind of got totally pushed aside.
And now if he's doing these things again, I don't know.
It's it's during an excitement. I'd be excited if I was a holder
right now. Yeah, I mean, I'm excited as
well. I mean, that means I'm going to
get a little more money for my ape now, which is not that bad.
So I can put in Captain Sun? Can we read the bottom of the
tweet? Woe to my enemies.
Woe to the haters who will say merely a treasure hunt, a pox
upon them. For the stars have aligned and
ape like angels around me. I drink their milkshakes.
I mean, Gordon's good at this
shit, you know? Gordon's good at this shit.
Yeah. I got to give Gordon credit, you
know, Golden Gordon. Gordon is good at this bull
posting shit, you know, it always has been.
So you'd love to see that. But going back to the to the,
you know. It's also funny real quick you
didn't hear anyone complain about Yuga owning punks when
they ran up 30% today. Just like how you know now
prediction markets are a source of truth, right?
Because Trump is ahead. It's the same thing, right?
Kamala's ahead, prediction markets are fake, Super PACs are
bidding. And now and now that now that
punks are up, like yoga is a great owner, right?
You know what? That's a good Can I steal that
for a? Tweet Yeah, you can steal.
That's right. I'm going to tweet that now that
crypto punks are flying. We like yoga.
What was it? No, the punks are flying.
I'm going to piss off a lot of punks, that one, aren't I?
Oh. It's good for your fancy
holders. We like controversial tweets.
Not a Yuga labs bear post insight, I must say.
Not a Yuga labs bear post inside from punks.
Now that they're up right? I'm going to make a lot of
enemies for that one. I don't want to.
I feel like my tweets starting to show I'm becoming really
menaces right now. Anyways, Tyler, what else is
going on in the NFT line? Did you just what is it Azra
Games is pumping? I own that for a hot 2nd.
Me too, I did as well. After they announced their A16Z
and VC investment or something remember.
I mean, hopefully some of these teams were, if they're perhaps
sitting on something like getting into September time
frame, people are back at the desk.
Let's let's start rolling out news again.
Like there's been like, no NFT news.
Can buddoggos catch a pump? Like I feel like these guys show
up every day. Eazy eats is still on the faces
of Solana and MFRS are not bidding my buddoggos.
What are you guys doing? I think it's just a it's so hard
for NFTS on Solana. But they're all pumped.
Yeah, you're right. Because as soon as they get to a
decent value people just sell off for for main coins.
I mean, it just happened to D Gods, right?
It's it's strong. It's 29 sold.
But like every time I've been watching monitoring a little
bit, I refresh the floor like once a day and like every pumped
like 30 fives ish gets sold back down to about 30 sold there.
So there's that. What else, Tyler?
What else am I missing here? I mean, I think that's a good
run up on the NFTS. The polymarket stuff is a little
interesting. I mean, Trump back up at 5247 is
wild to wild to me. So like I was, I was refreshing
Nate Silver's election model. He's still got Harris at 5446.
And now his model doesn't have this latest like RF key RFK news
factored in, right? So his model is going to be
lagging. So we'll see when that news
hits. RK is a big deal I think.
What? I think RFK is about a big deal.
I think if if independent voting was more commonplace in the USI
think he would have had a read. And he's been.
He's pissed because the Democrats have basically been
blocking his ability to be on the ballot in many of the
states. Sure.
So if Trump says, hey, we're going to give RFKI, don't know,
Secretary of State or something like that.
Yeah, so. That would be a wild ticket
then. I really think people would get
get bought in there pretty. Strong wasn't wasn't there a
rumor I got allegedly that like they refused to give RFKA seat
with the Democrats so he's probably going to go like
Republican side like is that I think he had like.
His, his policies, or at least the policies particularly of his
VP candidate were more left-leaning.
But the Democrats have basically because they, Democrats were
aware that it would split their vote in the states that he ran
potentially they've been, they've been been on a big legal
battle trying to stop him from being able to run.
So RFK now has like quite big beef with the Democrats.
And his VP pick went on TV yesterday and said basically we
might we might now align with Trump.
Interesting. That's a huge flip though.
Like that mixed with the 25% taxes on realized gains, which
by the way, I think most people can't read because that's for
like the Super rich. And I think nobody on crypto
Twitter besides Kobe maybe. It's very unlikely that that
anything like that would ever come to fruition.
We didn't see the markets, like the markets totally shook it
off, right? Like stocks are green this
morning. So no one cares about that.
But it is. It's just one of those things, I
don't understand why our campaign is backing things like
that unless they feel like they're going to win votes of
like the anti rich. Yeah.
Are we surprised? Like aren't, aren't Democrats
like historically, like really left socialism?
I'm just, I'm not, I'm not knocking, no.
They are. I'm laughing because I was
watching some of the DNC last night and there was like there
was some anti rich rhetoric from Bernie Sanders and then
Pritzker, who's the governor of Illinois in my home state, came
out and it was like Pat patting his chest as an actual
billionaire calling Trump not a billionaire.
I have to say Lil Jon coming out the same day Punk are flying,
reminding me of that Beanie and Lil Jon interaction.
I mean, who in the audience? Who in the audience with a show
of hands, Any emoji thumbs up was there during the iconic I'm
Lil Jon moment with Beanie in 2021?
I mean that that was. Do you remember that, guys?
I do I forget the exact context of?
It it was because Beanie said that Lil Jon cancel.
Why does Lil Jon have a verified badge?
If, if, if, if he's like it was something around open C
verification because open C wouldn't verify anyone back
then. Like it was really hard to get,
but Lil Jon would like get a verification right away.
And then Lil Jon came at Beanie and was like, I'm Lil Jon.
So happy Beanie's back. I found it Beanie.
I found it. There you go.
That was arguably one of the most iconic moments.
Wow, how did you find that so fast?
That's impressive. I'm a professional X researcher.
I'm a professional. I only see that's all I
researched. Look at this.
Remember Nate? I got a blue check.
Yeah, yeah, yeah, yeah, yeah. I'm Lil Jon.
That's why also like. What Nate Chastain in the
replies here? Like, let's just go back to that
like 20. Times Nate Chastain in the
comments. Oh wow, Kobe invited him up only
back then too. That's crazy.
Sign of times. I don't think Nate Chastain was
in the comments yet. There he is.
Oh yeah. So he was in the.
The project made a criteria. Well I remember Nate free Nate.
Honestly like these people in pump font trenches have done way
worse than Nate Chastain. That was that was there.
Was a point in time where I was buying at these off of what was
on the open sea front page. I didn't.
That's how easy it was. That could be, really.
I, I full sent that tweet by the way, Tyler for that good for you
for the fancy top holders. You know, I we full set, you
know, now that crypto punks are up, we don't hit you collabs
anymore. Let's go back to Polymarket.
So there's the, you know, you're tired of the word bets.
Like there's the Tim Waltz talk tonight, so.
Let's do it. I'm in.
The lines aren't really that juicy.
There's a lot of favorites. I mean, I think the favorites
are probably going to hit like coach is a good one like I would
I would bet yes, I'm coach I. Don't know.
Probably a good bet. What's the contrarian bet here?
Debate. Debate is nice at 38%.
I like couch at six to one, five to six to one on couch.
He's not going to say couch again.
Yeah he is bro. Dude the other party keeps
saying tampon couch is pretty much the the Democrats tampon.
There's a lot of ways to say it without being like direct to you
can make like indirect jokes about it.
So I don't know, I haven't, I haven't done any of these.
So I'm going to spend a little more time, but.
No, I like tampon here. You know what?
I'm going to take the tampon bet. 12:50 yeah 20 bucks. 20
bucks. I'll put 20 bucks on tampon.
Whatever 12:50. I do think one of the best ways
to, you know, address these running jokes, criticism, is
just to go at it. I mean, if if I hit tampon on
Democrats and Republicans, I'm God like I'm literally like
polymarket GCR like at this stage.
Abortion, yes, probably looks good.
And the other one that I've been looking at, this is not an
election bet is the interest rate, but I've been, I've been
adding to my 50 BPS cut. Mando, make the call here, baby.
Come on. That's your, that's your sector.
What are you betting? For yeah, I think they do 25
nips. I think they do 25.
What's the heavy favorite? Yeah, 25, it's you.
See they just revised down jobs about like $1,000,000.
Sorry, I mean. That that was why I went harder
into 50. Pull up the graph for 50 if you
click on. If you click into it.
This how does this work you? Didn't go to graph Yeah, all
right, so it was it was sky high before the wow during like the
carry trade crash. Oh my God, we we V shape
recovered and it went all the way down to like 14.
That was trading at 64%. Damn.
But down here, I don't know. I, I like, I think there's a
five one. I was, I was looking back
through the historical first rate cuts.
They they go for 50 PS 50 like half the time.
Interesting. With the million, the the job
revision, I don't know. What are the odds that there's
no change 07? Percent.
That's actually an interesting bit as well.
Cuz Mandel just made his comment about the jobs.
I mean, I don't know like what if?
What if they don't cut in September?
It's a 14 to one. I mean the we have, we've got
full V shape on the, I think that would shock markets, right?
That would probably send things a little lower.
I mean, you know, some of them say 50 BPS would spook the
market. That would be signaling that
they think they waited too long. Recession fears would come back.
But that was the narrative 3 weeks ago right?
Like during the crash, the the three day yen carry trade crash,
the the entire media narrative was that PAL had waited too
long. Do you remember that?
I thought that was like the the headline.
I was a narrative. Yeah, that was definitely a
narrative. Then it quickly went away and I
I think that's one of the more interesting bets out there if
you don't want to just bet words.
Yeah, I mean, I'll bet the words you know.
We'll bet, We'll bet the words. It's it's, it's betting words.
It's like buying Incoins. It's like the most left curve
thing you can do on prediction markets, you know what I mean?
It's fun. It's fun when you hit your long
shots. Let's say so.
Coach and abortion. Why Coach?
He's a coach. He was a coach.
OK, so I'll put 100 bucks on coach for you and I'll put 100
bucks on abortion in your honor as well.
I followed you on I, I telled you on Hunter and you paid out
so. That was the other hunter was a
good one. You made me all my money back
that I had lost from the speech before, so I'll tell you on the
abortion. So I got the yes on the
abortion, the yes on coach, the yes on tampon, and I'll go as
far as putting also a yes on couch because I like that one.
There you go there. We go then we got to start
monitoring a Taylor Swift jet here.
She's at 7% to perform in the DNC.
Taylor Swift. Yeah, so she's a long shot, but
she had her last concert in London last night, so she's got
a big break on the schedule. What's?
Up Taylor's got so such a like insanely valuable brand she's.
Been true, I don't think she should get into the.
Whole Did you see what the Trump true social posts?
No Show us. Let me let me find this.
Maybe if I search it Trump. He posted the AI images of
Taylor. I'm.
Not going to be able to find it. This one.
Yeah, yeah. So he posted that on True Social
and she's clearly not endorsing him.
So it could be enough to make her mad.
But I, I agree that she's got a lot.
She has a very valuable brand that she she could perhaps do a
little bit damage to. But by showing up, today's the
tell. We need to see a big name come
out today. If no big names come today, I
think it's going to be pretty. Unlikely this is the post.
Yeah, yeah, that's the one. Interesting.
Oh well, I guess we'll see where that takes us.
I, I, I thought the markets would pump a little more on, on
Trump, you know, getting a quite a bit ahead points a few points
ahead of Kamala on the on, on that, but doesn't seem like
it's, doesn't seem like it's working.
Chop city, baby. Chop.
I mean, that's the title of the show today.
I mean, it's the title of the show for the next two weeks.
It's Chop City. Like it's what I've been, this
is what I've been calling the show.
So Chop City. All right, Well, it is 11:00 AM
and I'm sure we all have a ton of work to do, which we do.
So I will see you all tomorrow, boys.
Sounds good, that was a great show.
Hopefully Capri Sun is not at like 100 million tomorrow or I
will not. Show up.
What'll be our Tron meme of the day tomorrow that we could go?
If that Jack Sun thing is like tomorrow, like we wake up like
Jack Sun, like cyber criminal, like cyber criminal is at like
$450 million at me as well. Christian countries sanctioned.
Sanctioned countries. Yeah, exactly.
All right, man, don't tell her. Have a good rest of your day
with that, with that, with that, with Tomorrow morning, 10:00 AM
Eastern Standard Time for the episode of FOMO Hour on rock
radio. Let's go.