Yo-yo, yo-yo, what up? What up?
Good morning, Good morning GMB Thursday.
This is my favorite day. Thursday February 8th 2024 look
at that another beautiful day to have a beautiful day I swapped
Co host today you know I we pay fixture we give a OV a mental
health break for one day. You know it's very tough to host
every day and and bring and swapped in for for Mando today
so we don't have OV but the great Mando is back.
Mando good morning GM. How you doing?
I'm great, man. How are you?
Dude, we are absolutely vibing. You're definitely not home right
now. Where are you?
I'm in France. I'm in France.
Yeah, came out here just for for a few days, chilled up in like
the mountains near Nice. Where's the view?
Where is the view. It's a bit cold.
I didn't do it on the balcony today.
Oh, that's chilly, I guess. Yeah, I listened to the show,
though without me. OSFOSF actually spoke for a for
a for a little bit of the show. Thank God.
You know I on on two days ago I I did the whole show alone
pretty much and even OV after I was like you know what I don't
even remember We hosted this morning and it was on Monday
morning and I'm here saying like what's up OV like you know what
How can you do in the morning like, Oh my ghost in the house
whatever. Good morning OV how you doing?
And he goes. I'm hungover.
OK, Why? I was out with KB.
MI mean like shit. All right.
I'm gonna have to do this one long.
So I would just spit like 10 minutes and send it to OV so I
could breathe and get back to it.
And mind you, we had the CTO of Ledger on, but at least we did
the loot boxes and even that went out that went wrong.
So we're redoing it tomorrow. But anyways, so that's that.
It's been it's been fun though. Love OV And yesterday was a sick
show. We had the whole squad on there.
Thank you X Benny for life from the tunnels.
You know, as I don't know if you saw he made a red drinks.
Did you hear Benny's Red Drinks song?
No. So you guys just are not red
drinks. You guys have a new theme song.
I would like to show you that right now.
So here you go, you guys have a theme song now is a juice.
Red guy is a juice. It's not a alcoholic drink.
It has. It's not an energy drink.
We think it may be water or some kind of fruit juice, but it's
wrecked there. You go.
Wow, so you go the state of the show without you?
True story. I I I mean, I barely know what
rec rec. The rec drink is like.
I always ask OSF like every day like what is it?
And he goes, it's kind of like this, it's kind of like that,
but he likes it so. I cannot wait for it, but
anyways all I have to say, yesterday we had a whole squad,
even Loxy was on here talking to us with RSIC and like what's
going on bitcoordinals, let's go step.
So anyways with that, with that, so just FYI we are given you
know $1000 away again today. All you have to do is retweet
the space. The space is pinned at the top.
We're live on X video. We're live on YouTube as usual,
Mando and myself, so it's always better experience on video.
But if you're on Twitter space today on the show, you're going
to have a chance to win $1000 by following from our Robit and
ourselves. So we are still doing this.
And tomorrow, tomorrow we're re rolling the loot boxes for the
two people from from from Tuesday.
So it's gonna be a banger. It's gonna be fun.
Make sure you retweet everything and that you're in the room
today on the show. Today, today, what do we have
today? I know Sam's has got a whole lot
of stuff to do for us to talk about Mando and I got things to
talk to you about today. Let's do market report as usual.
Market is pumping right now. Love to see Bitcoin at 45 three
as we're on the show. Solana above 100 so that's lane
east is almost $2500. So love to see that bears in
shambles and disbelief at the same time.
And pain. NFTS Israel, Solana, Bitcoin so
live Bitcoin EE blah blah. And I I want to talk to Mando
about forecast a little bit. I know he made an account.
I know he's not convinced yet. I want to have a conversation
Mando about Forecaster and we're going to pill him on the show
and we're going to make him dominate Forecaster with Mando
minutes. So anyways, anyways, anyways,
why don't we get this party started?
Who is the man macro daddy of the land?
Can you dig it? Yeah, GM, everyone.
So super, super strong start to the day.
Bitcoin smashed through 45 K and just looks like it's continuing
to go higher. Really.
You had some like short liquidations which happened
around 44 K and then we've just kept on going higher.
Open interest has been rising, but it doesn't look overly
excessive to me in terms of like funding or anything like that,
at least not for Bitcoin. Some of the other old coins
potentially but definitely a strong period of the market.
You've seen slightly under the form but still doing well. 2460
Solana really picked up. Yeah kind of has recovered
almost fully from from all the FUD around it going down.
It's now up to about 105 area. So that's a big big move about
10% move over the last 24 hours. You've had a bunch of the the
Bitcoin related coins start to go higher, things like stacks or
the all moving higher today and then then you have a bunch of
the AirDrop coins also starting to move.
So dimension has breached 7 billion as a as A.
How much is a pudgy Penguin AirDrop?
I mean it must be around 20 K now, maybe more.
I'm really down bad man though you got.
Seven KA pudgy, right? And you you have two.
Yeah, I didn't. I didn't mint them.
I didn't claim them. And then you have, yeah, like
dimensions flip, flip Jupiter like dimension.
After all of that we were all saying that you know, Jupiter
was going to be the big one. Jupiter's at 5 billion
dimensions at 7:00. So big, big flip there in in
like the hype. There, right now.
Do you know how painful it is to be on the show right now with
you? Yeah, wow.
And then you have a bunch of the other coins which have this sort
of AirDrop narrative to them. So Celestia has Breached 20.
I think that's an all time high. You've seen safe has moved
higher above 65. But yeah, just a generally
strong market for old coins. A lot of people point to this
was a classic old coin accumulation period which is now
coming towards the end of the the calls for Bitcoin did 30,
30K32K32K. They've all seem to be pretty
distant right now this this feels like a very strong market
just on the back of of continual ETF inflows.
And then I just see continue to see a lot of headlines around
the halving like people are are getting bullish into that.
I don't really know if that's like a super bullish thing, but
definitely that's got the narrative again.
So maybe we won't be ranging, who knows like this last 24
hours has been a very, very strong move in both Bitcoin and
altcoins. So hopefully we this gets
sustained and we continue on. But but I don't know I'm not
completely sold yet in terms of like the positive stuff that's
actually happening. The S&P is about to hit 5K.
So macro is it's like super strong.
You had strong earnings from from a number of like key
stocks. Disney had strong earnings,
SoftBank had some strong earnings.
So like just generally a strong earnings season has pushed
stocks to to all time highs and that's kind of across the board.
There were some slightly more dovish comments from Fed
officials yesterday. So people got bullish about
that, but macro feeling super strong and crypto is kind of
following following as well. So yeah, All in all, it's like a
really, really strong 24 hours feels like this.
This could be the breakout, hopefully, who knows.
Yeah, that it could be it. It could be it.
I mean, definitely hoping it is. And love seeing you know, all
all everything's. You know what I just looked.
I haven't been looking much, but you know, just like that,
everything, everything's up. But my coin, there's like 5
coins total in all crypto today that are down literally like out
of all crypto. Like, if you look at Top Gators
and Top Losers on Gecko, there's 123456.
It's we mix. I don't even know what the fuck
that is. Bed get Tron Monero Tau.
But that's already up like a metric ton.
Can you please tell me here let's talk about this for a
minute OK. What what's going on over there
because you and I and and the reason why I want to go there
honestly is because we've been talking about it also like
behind the scenes that's something you and Olli was were
talking about this morning and like what's going on here So
that the the seven day thing happened yesterday was Wednesday
where it stopped. So the pump and or plunge
protection is done right which would tell the team like how
much team would take and then out of that a big portion of
that goes to like the Dow and stuff what's happening what's
the TLDR on that cause like all would think that like the
narrative would like send it but it's not it's like the other way
around. So do you want to break it out
to me? What's going on here?
Yeah. So if you just want to focus on
Jupiter, yeah, a couple of things came out over the last 24
hours. So they announced that their
Launchpad is going to have 3 coins potentially launched over
the next month. I think it is.
They're going to be introduced over the next couple of weeks.
So it's going to be another AirDrop coin.
Like if you vote on which coins are going to be approved, I
think they're saying that you're going to get an allocation to
those, to those airdrops potentially or maybe even the
first look on those coins coming out.
Obviously they had like a lot of success so that when token so it
really becomes more like a incubator at the same time like
kind of like owning like a an exchange coin which gives you
access to to their launchpad coins.
So they announced that and then they they decided to keep the
money that was that was part of that liquidity pool inside the
pool as like a yeah exactly. So two good pieces of news that
actually came out later kind of yesterday.
I mean the AirDrop stuff came out earlier, but in the morning
I bought it because I just thought like Fudd was so high
and it took off, took off my levered sole position.
It was like my big, big position.
And then this morning I just got out of it.
I was like, I don't understand what's going on.
So it went, I didn't get out of all of it.
I got some of it. I moved into a couple of other
coins which have luckily caught this this move relatively well.
But I don't know, I don't know why, why these things sort of
happen. Like it's.
I just don't try and make sense of them sometimes in crypto
because that can really make you into a bag holder.
But in terms of the the stuff that feels super strong right
now, Bitcoin is the number one thing, right?
Like Bitcoin, look at that. You could have bought Bitcoin,
like look at that 4242 1/2 K So like it's moved about 5-6
percent of the last of the last look at the.
Daily. Yeah, it's like a bit it's it's
it's a decent move and so you have all the Bitcoin related
stuff and I I think I like that right now.
So I can imagine some of the ordinal stuff will move.
That's why I moved quite, quite a big bag back into Audi because
I feel like that could move back up stacks.
The layer two has moved, but yeah, Bitcoin related stuff is
up quite a lot. I can imagine that running and
then air drops is just the narrative, right, Like everyone
is just talking about air drops because of how crazy some of
these have been. So I think the main ones to come
which which people are getting bullish on apart from things
like BLAST which I don't know how the air drop mechanism will
work, but maybe maybe that could be bullish as like a medium term
play. But then you have, you have Tia
which everyone's been talking about for a long time was the
Tia got you this dim air drop which has been just like knocked
out of the park dim itself. If you stake dim you'll be in
line for a number of different air drops.
And then that dim is dimension which is like the the roll up,
the roll up L1. It's interesting tack, but like
7 billion, it's a pretty punchy move off the bat, I think.
And then you have things like say it's got AB2 coming out in
May, which I think will be a bunch of air drops for people I
actually put out yesterday because I was like Jupiter
seemed like an obvious AirDrop candidate.
Now that they're going to, it's going to be like an incubator
basically. But yeah, still hasn't moved up
higher. So but those coins, the coins
that are related to air drops are things to come, I think are
the ones that are moving the most today.
And then and then this is this like Pandora stuff, right?
Like that's that's taken the, yeah, so Pandora is this new
token standard on E which is kind of similar to
fractionalization, but you can basically either own the NFC or
the OR the ERC, the fungible coin.
So I think they're calling it like semi fungible or partially
fungible. It basically gives you a claim
to the same one and that's that's moved 20X over the last
over the last week it was trading at like at like 10
million I think for a while straight off the bat and then
now it's out of 200. So that's been a wild move and a
bunch of other copycat style coins are coming out on Solana
and so that's been the trend of Unchained.
So a bunch of the other meme coins haven't really done that
well. Looks like WIF is hard today,
but other than that most that's like the dominating one team
trend I think that people are seeing.
Yeah, that's a that's a great breakdown.
You know overall all markets. So wow, damn it's been, it's
been like it's been a few days since I had a whole market
breakdown like that. Oh.
Really. Does everybody not do this?
Excuse me? Do you think OV would take 15
whole minutes like you just did to talk about Bitcoin to the
Bitcoin alts? To fucking dim and essay and and
Solana Eco and explain Jupiter, then explain a launchpad versus
a narrative? No dude.
And then talk about the SMP and the market.
No, no, no chance. No chance.
The minutes just got me at like a different level of.
Switch. That's true, right?
It's also the minutes that, like, it kind of holds you to
it, you know? And it's.
And I love that. I love that.
It's funny anyways.
Sign up, sign up for the minutes.
I'm doing a special giveaway for February, why don't you?
Join 6-7 grand. Yeah, 6.9 K If you sign up for
the minutes, I'm choosing one active subscriber.
So anyone who's in the audience hasn't signed up, sign up.
We've just breached 5000 subscribers heading towards 10.
Yeah, it's going to be bigger. Things Wait, I never said that.
I never said that. I'm just kidding.
You can refreshing. I'm looking.
Yeah, but I'm feeling like a Mr. Beast off, Mr. Beast off on this
thing. So I'm going to make this get
this to 10/20/30 K subscribers, make this into the biggest
active newsletter and encrypted hopefully.
OK, OK. I love that.
I love that.
It's pretty easy. Honestly.
It's right there. It's like 1.
But I'm already, you know, signed up.
So so I can sign up for more? Wait, if I sign up for multiple
emails, can I win? Yeah, OK.
Fine. Just kidding.
I won't do that. Y'all won't go and do that.
Just checking in here so definitely sign up.
Anyways Speaking of this topics, topics, topics, what do we have
next that we wanted to talk about.
So look we've we've talked about, we've talked about all
this, the market stuff. There's a lot of stuff going on.
Hey it's good to see ETH pump too.
Like I'm not going to lie like I know we're more like Solano
centric and stuff like that right now.
And like we're talking Bitcoin, but like ETH is also having
quite a moment and all the L2's are flying, bro.
Like I was looking at which I believe had above $2.00 again
and that whole ecosystem like ETH is almost at what 2500.
So that's there's a lot going on, is it do you think?
There's a lot going on. Is that a result of ERC 4/4 or
that's just separate like was just meant to?
No, I think there's a few different things going on there.
The first, the first, most bullish thing that's happened
over the last 24 hours is that ARC, which is Kathy Woods Fund,
have refiled their ETF and they've refiled it in the same
way that the Bitcoin ETF was approved.
So that might indicate they're talking to the talking to the
SEC and there's maybe a path forward, it may not.
But and they've also added like some staking features to to it.
So generally, people saw that as Wow.
They might be able to get this done.
On the other hand, Promethean, which is this?
Do you remember Promethean, which is like this bogus
exchange? You mean the SEC exchange?
Yeah, the SEC linked one. They came out yesterday and
tried to claim that ETH was a security buyer.
Like trying to claim that they were being a security custodian.
You can like who knows if you go into Poly market right now,
sometimes I like going to Poly market for.
This I love Poly market, bro. It's gone to polymarket.
Let's go. Let's go.
And you bring up ETH. Just type in ETH see see if it
comes up. The theory meet you after they
go yeah it's this one right by May 1st there's two of them this
one has more more smart on it there you go.
So you can you can bet on on prediction.
It's a it's a just for people don't like polymarket's a
predictions market so like you can bet on the outcome of X or Y
or Z. So it could be election based,
could be sports, could be the craziest stupidest things.
Could be you know some yeah. But anyways, go on like this is
about the theorem spot to have approved by March 31st 31.
So it's kind of a 5050 trade here or like maybe 6040.
So it tells you a lot about how where the market is like people
generally think that it it will probably get approved but it's
very, very tight at the moment and you know most of these
things are are not that even. So I would say that, yeah,
definitely touch and touch and go whether that happens, so.
I mean if I put $1000 I only make 8% return on this bed if I,
sorry, approved by June 30th. No.
No, it's 8%. Here, that's a strict.
When you put $10, it's 72%, so I guess it's because it can't take
too much money. 100 bucks. You make a 72% return, but you
put 1000 bucks and you make so it's still new, right?
It's very young, it's APC 8%, so you could fire off a few $100
bets. Kind of want to do that just for
fun on the show and see where we're at.
In June, it's $100. So, yeah, people, people getting
bullish on the idea that it'll probably go through, but I think
it's still got a lot of, a lot of stages to go through.
I think the Bloomberg guys are like 60% chance it will go
through JP Morgan, Don't think it will go through the SEC.
That Promethean thing is kind of telling.
I would say the SEC are trying to maybe be a bit subversive,
subversive there in trying to call ether security.
So but on the other hand you also had which we haven't seen
ever yeah we may get a a stable coin bill in the US there's been
some very big pushes. Remember we had that guy on from
was it from Ledger about public policy last year?
I think it was. And he said had a.
Global policy Ledger or something?
We would not see any sort of crypto legislation.
Probably not hit the floor in 2024.
It'd be difficult if Yellen made a speech, I think it was two
days ago pushing for legislation and there's been a lot of
whispers that we were about to see a stable COIN bill in the
US, which would be very, very big, like that would be the the
next after the ETF. That would be the next big
thing. About a CBDC, where is, is that
what you're talking about? No, no, no, no.
It's like legislation about how to regulate, regulate stable
coins. So that would be that would show
some improvement I think in the this acceptance of crypto in
general. CBDCI think I still think is
quite far away like I don't think that's a this year thing
or it's kind of being pushed by by most people in government at
the moment. So yeah that that's slightly
more bullish. And then for ETH as well, you
have, I think they like the final stages of the ETH Denkin
upgrade got done yesterday. So we should see that upgrade
happen next month it looks like, which would be the big one for
L2's in terms of changing their revenue and stuff like that.
So people might play ARP or they might play OP into that optimism
ARP that sort of stuff just because it could be a a good
trade. So yeah, that's where we're at
for it. You've definitely had a better,
better period. It felt like after Solana went
down, you know that that could be the obvious trade, but then
Salaam is just like ripped back. Yeah, so it was.
It was actually lagging behind while ETH was and Bitcoin were
doing its thing. And I was just looking at like
98 or something. And I was like, wait, I'm
looking at it. I'm looking at it.
And then the next second it's just like, there it is.
Like, it's just when it goes, it just goes.
So we love to see that. I mean, it's really the jupe
thing for me. That's just like, like I'm here.
Like, what the Hell's going on with that trade?
You know what I mean? It's frustrating.
Yeah, it's Max Payne. Oh, 100%.
I think that's that's Max Payne. But yeah, yeah.
Anyway like I said, I did, I did the same thing.
And I I just, I don't, I don't like being in trades, which I
don't understand. And you know what I mean, why?
But I can imagine, I always, I always have to be in the same
trade, right? Like he's been you.
I think this is the difficulty in general, like once you stop
playing ecosystem trades over the the main.
Trade classic. It can be very dangerous
sometimes because you think you think Solana up.
I don't know whiff should be high or you think Solana up.
All these, All these. We start with jito, right?
Like. Right.
And also they're on. So it's something to definitely
be wary of. The right trade was just to have
Levitts on. I I took it off, but I'm back
into it. I'm back into some of it.
I love that I. Still have my.
You're making me want to make it all back in one trade.
You can. That's the beauty.
That's the that's the beauty that's but you could always
could always look all the way. You know you could always go the
other way, you could also go the other way.
Anyways that's some good coin and market recap update and
talk. So let's let's talk a little bit
about NFTS here. Let's let's go through D Jens.
I don't know if you've you've been paying attention Mendo, but
you're you know the big one puppets you know David David
going maybe going yesterday one puppet was like $3700 which is
wild. But if we look at across all
Chains right now I'm a digens here.
Of course you can check it by chance.
Let's go. Let's go one chain at a time.
So let's start with with with ETH.
There's this collection that nobody like.
A lot of the collections that have been going insane are also
tied to the ERC 4/4 by the way. So I don't know if you you saw
that but there was the the Pandora collection.
Wait, it's 12 ETH. Yeah, well, it's like it moves
one for one with a coin, right? So I get with a coin.
Whoa. Hold on.
Yeah, people think it's going to Flipboard X.
Wait, I wow. Yeah, so that's that's been the
big main mover. Right, like on on Monday when we
I did the market report on the NFTS on the show, dude.
Yeah, I mean, oh shit. Feels like it feels like you're
coping twice. But actually it's just the same
trade. Do you know what I mean?
Like, it's because you can buy the NFT or you can buy the got
it, got it, buy the coin. So it's not like you're sitting
there going like, oh, I could have bought the NFT or like and.
The token, yeah. Yeah, yeah, like it's.
Yeah, it's just one major. It's just one major cope, right?
It's just like, you know what? Like, hey, like I'm not kicking
you twice in the nuts mildly. I'm just punching you in the in
the nuts as hard as I can. One shot.
Yeah. OK, got it.
Exactly. Then you had pudgy Penguins just
moved higher. After the dimensions AirDrop,
there are a couple of big sweeps.
Yeah. Remember pudgy Penguins is
people are. When I put out this thing
yesterday, which is like, oh, what is the best thing to own
the airdrops? A lot of people replied it's
pudgy Penguins. And I think there's a very good
case for that because OK, so pudgy Penguins just got
dimension layer 0 would be they have a partnership with layer 0,
which. Oh, that's the W token.
They have a partnership with ZK Sync, which has got a AirDrop
coming. They have a partnership with
Magic Eden, which has got an AirDrop coming.
Oh yeah, they and all of these as well could have ongoing
airdrops. So like people are really
looking at this as the as like an air drop and they might even
have their own token too, like there's a lot of speculation
about that, so. Let's go.
So people are getting super build up on pudgies just as the
gateway into a bunch of different air drops.
They're clearly the the NFT of choice of the D5 community and
like just to take a step back, D5 has come roaring back, like
roaring back over the last over the last couple of months.
Like if you go on to Defy, Lama for example, Defy is back to the
levels from 2022. So like kind of around the time
that we saw some of the big sell offs.
So we're back to the levels from May 2022.
So D5 has really come back. A lot of this, this has been the
restaking narrative. Narrative has meant that people
are staking more and then restaking.
But the D5 TBL is back to 63 billion.
Yeah. In let's have a look in in in
October that was at 36 billion. Wow.
So it gives you a sense of we've we've basically had nearly a 2X
in D5 TBL. A lot of that has been multi
chain as well. A lot of that is this restaking
narrative. So D5 has come roaring back.
That's where a lot of the air drops have come from.
I I do feel like a lot of this is like Ponzi upon Ponzi.
So I do think that it's a it's perhaps not the healthiest TVL
rise I've ever seen but at the same time it's it's come back
very strong and five GS is the D5 OGMNT right?
Like what? Happened.
The crypto the CT versus like NFT Twitter Pudgy you know was
always that in 21 it was always that.
I mean the lyrics remember the story.
Fucking Primo bought pudgy Penguin wizard hats for the
entire company early on and they all have like no literally like
he was writing about. It's like when there were
nothing. So I'm I'm happy like I, you
know, as as much as some other trade could be painful like my
pudgy's that I bought 2 out of for six heath total when ETH was
way lower. Like had I gone that dime, that
dim thing which I didn't was like 20 grand would have, would
have paid for my 2 pudgies 4 times over already.
And you have all this coming, so it incentivizes you to huddle.
And there's only 323 pudgy Penguins out of 8000 listed
right now. So it's the like sellers are
running out tokens. It's definitely, It's definitely
an interesting way to play the AirDrop narrative, right?
Like a lot of them have been playing.
You play one coin and then you stake it pudgies, you can just
own it as themselves, which is already crushing you and you get
access to all these different airdrops.
So people are getting very bullish on pudgies again, even
off the dimension, they're like, right, we've got ZK, we've got
layer zero, we've got magic Eden, and they'll probably be
like 3 or 4 them already missing.
So people are definitely getting bullish on that.
And there's a few other NFCS like that, right?
Like you have mad lads. The pith like V2 air drops are
now starting to happen. I think it's like 150 million
million of air drops there. So people are getting bullish on
what they will get. I don't know if it was yet
announced what they're going to get, but they're definitely
going to get a bag of that. And then you had, you have
obviously like Tensor the Tensorian.
So there's a few ways to play it in NFTS, but it does feel like
the obvious one is is is is Project Penguin.
So. So yeah, those those have
rallied. Those are back up to 18 ETH, up
15% on the day and the little pudgies are up similarly.
So that's been a decent year in ETH NFTS.
Obviously nobody, which is that recent mint has done well as
well, but. Check this out.
I'm just looking at Punk That 059's Shit Defrogs, a new ERC
four O 4 token has hit a floor of 1.3 ETH with sales as high as
two ETH. It's just a derivative of D
Gods, but in Frogs I have none. I'm just saying this is 7
minutes ago we posted it. This is hilarious.
Like there is there is so much money again, Mando being made in
the space. Seriously.
Like the second you take your face out of a sandbag that
you're in, not you. I'm sorry.
In general, anyone that could be me with jupe could be anyone
with things. It's like, OK, like take the
fucking loss of the chin and look up, you know what I mean?
Or like take the win somewhere and go get it somewhere else.
Right. Don't have to overextend the
win, right? There's so much going on
everywhere, trading wise, whether it's ETH, NFTS, Altos,
Solana and Sequel look a little cool down on that front.
But Solana, the the token itself is going fucking crazy, right?
And then on on Bitcoin, I mean Bitcoin the the the ordinal
sign. At the moment, Mando is just
going insane like all things ordinals.
Everything's pumping. Did you did you get your cat by
the way? Did you see which cat you had in
the end? Yeah, I I was away so I didn't
have a look at it, but let me let me have a look at which one
I got. Let's see what you got.
Is it in my wallet? Yeah, yeah, they've been
distributed I think a couple days ago or yesterday.
But you know, while you're looking for that RSIC, right now
I'm looking at the magic Eden Front .128, Bitcoin.
The thing is, all of these things are up, guys with Bitcoin
that printed a $2000 candle since yesterday like it's crazy.
So you have like, so for example the RSIC right now at point
twelve 8 * 45 three, OK, you're looking at a 56 fifty $800
AirDrop Mando, so $5800, right? Divide that by 2450 ETH rice.
So that's a 2.3 ETH. Air dropped to people just for
having like a few ordinals, right?
They version of some puppets went on.
Like when's the last time Mando that we saw an AirDrop worth
like 2 1/2 ETH like that from an NFT collection?
I don't think it's happened since like the the elementals on
on the izuki front. Like it's pretty wild when you
think about it that way. Oh that's a nice cat.
Minus got a nice cat. I like that.
That's cute. That's nice.
Yeah. I think it's nice and and so
Speaking of the quantum cats like think about capital
injection right. Like that was a .1 Bitcoin mint.
Our guess is on the show by the way when you went around with OV
was like that it opens at .25 ish.
It opened around that one 2.35 ish.
Now it's at .28 Bitcoin like, but bitcoin's up.
Like it's so wild. Like how much more of this in
dollars? Man it's 12.6 dollars.
Oh yeah, yeah I can just go there.
I can. I just forget you guys show U.S.
dollars. So 12.7, it's it's it's really
crazy like the amount of money being created and generated on
this. Like I know so many people
cooking on RSI see right now bro.
Dude, remember that guy that swept like $300,000 worth like
like point O75 and posted it like this weekend?
Like this guy's up like 6 figures on the Bitcoin you.
Can really run like you, you, you.
This is just how crypto is right?
Like once a Ponzi gets going, like it's but like there's no, I
love that. It's not like it's a lot of
people are put in that money. It's like we have literally
created value out of nothing. Like dimension has just been
created out of nothing and suddenly it's 7 billion, right?
Just think about that. And then people can bet on that.
They can use that as collateral. They they use that for their own
portfolio. Like that's how if I was given
dimension air drop, I might take more risk in another place.
So suddenly you see, This is why I was saying the other day that
like when you have these massive air drops suddenly coming into
the market, the Ponzi can just keep going because people think
they can take more and more risk.
Now it is having gone through like at least one cycle kind of
arguably too now like you feel you, you you see how all of this
can also very easily collapse, right?
Like once once things start falling, everything starts.
Falling. I mean, we saw it happening in
front of us and to us, right? Right.
But but This is why crypto can can just can just really go a
lot higher when you have these sort of air drops because once
these people start making money out of nothing, they can really
start running stuff up across the board.
So yeah, we're starting to see that a little bit some some
really frothy price action in in a bunch of different things,
things increasingly not making sense, I think in terms of
evaluations, but that's OK. I think that's.
OK. Well, I think you can mix of it,
right? Like like if you if you try and
make sense of these things, I think it's kind of silly.
So it's best to pick narratives and pick ones.
I have to say that I have not been trading that well for the
last for the last month or like I had a really good trade with
that Solana trade, but then like I had a much better trade and I
didn't make as much. And then what I think is that I
just need to think a little bit like one step ahead.
So the reason I put on the Audi trade or put on some of these
Bitcoin ordinals traders because they feel like they're down a
lot, some of those BRC 20s and they're gonna let it come back
pretty strong. But if you can catch one of
these early, they can really move and then the momentum can
be kind of insane on the on some of them, so.
Yeah. Like I mentioned, it's about to
hit 8 billion. Meanwhile, here is at 54.2
cents. It's you could sense of
frustration. Look, I put the trade on the
show and I talked about it, so everybody can probably guess at
this time, at this point, like you know how damn bad we are.
But it's not damn bad. It's just, you know, when you
huddle, you don't lose. You know, you just live long
enough to become a community member.
You know it's something. That I'm refusing to be a
community member. That's.
You know genuinely how I approach this and then I do want
to talk for like 10 minutes with you about Forecaster and shit.
We can go on and then give the $1000 to the folks.
But. The way I approach this is like
I'm going to give it a a little bit more time because I'm not
also like shaking in my boots like Oh my God, this is going to
go to 0, right? I I I just like, I think like
I'm going to give it a little bit of time to like adjust
itself and hopefully it catches on.
Like you know maybe people have placed our position on Solana
because the underlying tokens doing very well and a lot of the
Eco's not as much. So like you know if you get
Solana trying to break trying to, you know it's a 126, right.
Was the previous high to try to try to break that.
A part of me is like, OK, well, maybe that's going to rally on
the back of it and maybe that's coke, by the way.
Like, maybe it's like Max Payne is that Solana rallies breaks at
1:20 to 6:00 marks skyrockets to 143 to 150, which is like Next
up and then Jupiter just stays at 55 to 70 cents, like that's
Max Payne, right. So that could also happen, but
that's kind of how I'm approaching it.
So I'm going to take it day by day and like probably make a
decision by end of week and then just cut it and go, you know, I
think that's that's the move. Yeah, I think the difference
between Jupiter and being a community member of a ship coin
is that Jupiter I think has got a lot coming but but but I don't
like it when things don't make sense to me.
It makes noise like even Obi was like, well, he kept bringing
back the fact that it's true, there was a lot of fun, but The
thing is where at this stage where, like they've.
Like what was the thought? Well, the thought was a smell,
right? Like the morning he came on here
was insane. Like it was like, you remember,
like it was there. It was crazy.
It was not even, it was actually 8 days ago.
Right. So it's like, so there there's
that, right. But at this stage they've that
happened there didn't take the money that people said they did.
They left $63 million on the thing out of 73 mil taken.
So it's it's not it's not right. It's not the same thing.
But hey, like, I don't blame people for putting their money
in something else. There's money everywhere.
But anyways, it's going to be an interesting trade to follow.
If you got the Deep Eye Llama right now, yeah, and you go to
volumes. It's always number one, like
it's been #1 so much. You go to aggregator
aggregators, it's done 575,000,000 where.
Do you want me to go here? I'm here.
Come. On you go to volume, go down to
the bottom, no, no, on the left hand side, go go down to volume,
no down, down, down, down, down, down down Volumes aggregator.
It's always. It's just the number one.
It's right there. And then do compare it to
chains. So go to volumes and then
chains, so go to the left hand side again actually.
Compare chains. No, you don't compare it like.
Look at. That's all of them, right?
Or. No, no, no, no.
Go to volumes and go to volumes again.
Just click volume, click Overview, Overview or Chains
actually next to see below it says Chains so and go down so
like it's doing more volume as a DAP than Arbitrum, Finance,
Chain Suey, Bind basically, which puts you like it gives you
a sense of like, yeah. You.
Literally. The pain is so bad to see that,
like, it just hurts. To see that so like, but that's
the thing. It's not a shit coin.
So like it's clearly a lot of stuff's happening.
Like there was some FUD, but like come on like this is well
compare that. Like the dimension.
Like dimension. No one's using dimension but but
you're probably 8 billion. Not that's not a FUD to
dimension. But like, I don't think you
can't really make sense of that. But that's crypto though, right?
It's beautiful. I love it.
You know what I mean?
It's that's crypto for you. It's like, you know, fuck it,
you know, I even it's Max Payne. That's it's happens to your
coin, like, you know, my coin in that, in that case, it's like
it's like crazy because I've been in coins before that made
no sense but went up and I'm like, hell yeah.
And people like, well, that makes no sense, right?
So it's like, heck, most of the world still says the whole
crypto thing doesn't make sense. So anyways, that's that's just
that's just what it is. And I will on the next episode
of of what happens to Pharaoh Troop, you know, we'll see what
happens. OK.
Well, tomorrow I'll, I'll follow up on tomorrow and I'll follow
up with you guys on Monday. But stay tuned.
Stay tuned. You should ask.
You should ask me out for like like a hat like you.
You're like going to be an official community member, it
feels like. Honestly, I wonder I should at
least get a Discord role right? Like I should.
I should be like community member, I told Mail this morning
I was like get it back on the show and met for I answered back
an hour ago because let's do it next week you'll come back.
Next week you'll be fun. I I actually had so much fun
with me on the show. It was great.
Anyways, in other news, just want to close out, but first,
but first, but first everybody, we need to talk and I'm talking
about us and you guys down in the audience or looking at us on
just like over 100 people always in the morning.
We're at 4750 followers on Film Wire.
OK we need to hit that 5000 mark, that's that's for sure.
And we're giving away $1000 a day.
Every single day I wake up at check price, good price.
But I also wake up and give $1000 on FOMO hour.
So we need make sure that y'all enter by following at FOMO hour
here, OK? And make sure that you also
follow in of course our partners making this possible, you know,
giving us all this money to give to you.
For what it's worth, Robicom right there and make sure that
you're retweeting the main tweet every morning.
So it's this one, this purple box at the bottom right.
You retweet it and you have to be in the space.
I see 300 tweets for now. We're not gonna do give away now
but we're gonna do in 10 minutes and we're gonna give $1000 to
someone that makes an account. We credit you same day by the
way all the giveaways are always paid out day of thanks to burn
Doggler and the back end. You know Speaking of community
members you know this community manager with best in the game.
Best in the game right. Both rank and rock radio love to
see that and and and anyway So what we're doing that every day
so make sure that make sure that you guys follow us and you know
show us some love. Let's let's break 5.
Right, Mando. It's 5000 much to ask.
It's not much, right 250 more? No, it's not so bad all.
Right. Like what's Mando minutes at?
Like 5 two or something. There you go.
So both of them just flip Bitcoin now, so bring them up on
Bitcoin. Speaking of subscribers, stay on
this. You don't mind though?
I'm a big forecaster guy now you know you left for a few days you
came back and and and I'm on to I'm on I'm on to the sings dude
I I am hooked. I'm addicted.
You know when, when, when, when, rekt mendo you know Mendo
minutes forecaster account? Someone else mentioned this to
me like I need to be on there. I just it's not that I don't
think it can be valuable, like I'm not trying to like spit in
the face of of forecast. So I just, I just don't know if
I can be bothered to like it feels when I the experience to
me feels very similar to Twitter.
Yeah, but. That's a thing, right?
Right, but that's I guess what I'm trying to say is I don't
really feel like I need to like just duplicate the same content.
I'd probably post like twice, three times a day Max.
Like, I'm just not going to post like 6 * a day, you know?
So like, maybe I'll just wait for like it to become even big.
I don't know. You can tell me to put Manda
minutes on there. I guess I could.
Like that's easy content for me to just repost.
But yeah, maybe I will. Maybe I.
Will you got it? So I have to do it on my phone?
Is that is that the? Oh, it's no.
You can do it. Where?
So this app that I'm showing right now on the computer,
that's Warpcast, so you can literally get warpcast.com.
It's a. It's a website.
Yeah, no, but when I try to get it.
So from your device you log in like sort of make you scan AQR
code and then on your screen it logs you in.
Kind of like Kuko in in some of these exchanges, you know how
you have to like take a. Photo is it?
Is it only on? Chrome.
Oh, it's a website. Yeah, it's pretty cool.
But anyways, So what I like here, I'll show you.
I'll tell you why I like it for you.
So I made the paragraph account, right?
Paragraph. Is this like Forecaster native
newsletter tool, right? And you can.
There's a difference between reading online, which is like
redirects you to the website, but also reading inline.
And that's something I really like about Forecaster for
example, and allows you to like write a newsletter, let's say
mando minutes and people can just read it live on the
platform natively itself like this.
And then just subscribe in one button and boom to subscribe to
you. And that changes everything in
my opinion when it comes to like online shopping subscriptions,
RSVPS, 4 events. It's just that that to me what's
interesting what RSC exploded forecaster recently Mando like
you've seen it like Solver timeline, they're doing like
60,000 DAUS now is really the fact that like the frames.
And that's why I think that a lot of people should hop on to
this is because is there's so much being built.
And I wrote like a thing, like my 7 reasons why.
You know, I'm bullish on Forecaster.
And it was funny, Mando. Like, I have to say, you in the
click of a button, you make a, you make a, you make a
newsletter, and then people can subscribe right, right away.
And there's 300 subscribers to my paragraph thing.
And all I'm doing is like writing my thoughts.
And instead of writing a thread, I upload a paragraph.
Like a like, I don't really run a newsletter, you know what I
mean? It's not my thing.
I don't want to be a newsletter person.
So so so again, this is me not knowing that much.
What is the difference between what cast frames 10 paragraph
Like how am I interacting with those three things?
So Warp Cast is the the centralized app that's being
built on top of forecasters. So Forecaster, you know is just
a protocol, right? So decentralized recall theorem,
Warp cast is is what Dan Romero and his team are building.
And then frames is something that you build on top of
forecaster. It's like the name of the I
could always have someone explain better to me from a more
text standpoint, but it's just like code and it allows people
to build tools on top of forecast.
So for example, like there's people that do frames that build
frames for like podcasts, right? Like for example, soon what I'm
working on right now Mando our morning show, I'm going to get
it broadcasted on forecast or using a frame.
And how do I see the different frames?
Like how do I see the different things being built?
It's here, so this is a frame for example, so you can see
someone they posted like they did an episode says it's for
more hour. And we have like our episode
from today, episode 56, you all put in the form of A-frame there
and you can collect it on base and then it's just collected
like that. So just by click a button, I
collect the NFT and I can mint it or you can read directly and
like, you know, redirect people outside of it.
So there's a lot of things being done.
The best example that people gave us the Girl Scout cookies,
like they built something that allows you to like shop within
the frames. And like what's crazy is that
this person's Girl Scout cookies, like the highest
selling Girl Scout cookies in like, America.
Oh really? Yeah, it's really wild.
So look, it's it's this person here, There it is.
So this Girl Scout cookies here? And it's $6 per Boston.
I was posting my newsletter on LinkedIn for a while, but then I
just hated LinkedIn. So maybe I'll do this instead of
LinkedIn. Yeah, it feels like why not?
Why not? See how it goes.
What I like about it, like Koopa, like he does this like
ecosystem thing, like he used to do this a lot on ETH and whatnot
and then he made this like Farco system thing and shout to Koopa
because he he put me there and like he put like rogue video on
there on the media standpoint. But there's so much actually
already being built on forecaster.
And one thing that you'll find interesting like there's a whole
coin meta too. Like for those of you, for you
DJs are like into like shake coins and stuff like there's a
whole coin medal on base now Mando based on forecaster
because you have the digen token and like people are hanging
around as tips. I saw the token.
I saw the tokens here. Yeah, it definitely feels like
people can digen and you can buy stuff native.
Yeah, exactly. You see, so you see the thing
that essentially that you can buy the token within Forecaster,
that's A-frame. So someone built A-frame so that
you can buy a coin within Forecaster, for example.
So what I find cool, and This is why I'm obsessed with it
honestly is less like. How do I see that this is a bit
I don't get like am I? Do I just post a link and that
that becomes A-frame? Or how do I create my?
How do I create a frame? Some frames are like codes.
There's like websites now being used to help you create a frame.
For me the paragraph thing is simple.
I write an article like on like on sub stack for example, right?
I post an article like your mando minutes and I publish it
just like on sub stack on mirror XYZ all I do is take the link to
my article and post it on forecaster and it turns it as a
it. It makes it A-frame like for
example. For this I don't need to do
anything it literally I just copy past all my the link to my
article and that's it. So it's like for me it's minimal
work because you know I I don't want to be bothered like thank
you guys it's too much right? But there's a lot of different
things like frames can be used to mint like you can make for
example like something that real cool use case I saw and
something that starter crates was talking to me about a lot
yesterday is that you can MF first.
For example, I did a mint on base and you can do a mint on
base on forecaster natively. That's generative.
But on top of that you can make it so there's requirements.
Remember like fair that XYZ like, oh, you have to follow and
like and retweet to like. Be able to mint this.
You can do it native to forecaster.
So what I'm going to do is like for example I'm going to do a
cool free mint for rug radio on the rug radio forecaster account
and you can only mint it if you follow the rug radio account for
example or if you're recast which is like retweet or repost
the the post with the mint and stuff.
So it's it's it's really cool and there's and and there's and
there's a lot of stuff that can be done there.
But anyways that's that just just worth paying attention for
people But I talked to Dan Romero and like he's down to
come on the show. It's just that he's really busy
right now. So I was like, he was like just
give me, he was like give me a little bit of time to like, you
know, do my thing here, let me cook, type a message and then
I'll come on. So it'll be cool to have him on
and talk about this, but it's just, it's just worth exploring.
I think it's more for you than like for example, Oldie, just
your newsletter, right? But it's for like wreck drinks
and like selling directly on.