Yo-yo, yo, what up? What up?
Good morning. Good morning, GMG.
Thursday. Oh yeah, my favorite date of the
week. Thursday, Thursday, Thursday,
Thursday, October. I'm still going to call October,
OK? October 3rd, even though it's
downtober. Downs Amber and probably Downs
Amber. No, I'm just kidding.
It is October. OK, set the record straight
here. October.
If you look at historically, we pumped later in October every
year for the past like five years.
It's like October 5th, October the 11th, October 15th.
So it is still October 3rd, 2024.
Four, four. Look at that.
Another beautiful day to have a beautiful day, another day in
paradise. I got my Co host in the house,
Mando Tyler. How you guys doing today?
Doing great, man, Doing great. What about you?
I'm doing absolutely fantastic setting up to post the Mark
Cuban interview right after the show ends.
So you know where vibe, where vibing, you know that.
Was huge. Yeah, that was, that was, that
was, that was, that was a big one.
That was a lot of fun. The the the trailer got nearly
as many views as my whole Trump interview was crazy.
So, so people are people are excited for this one.
So I I can't wait to post. I'm sorry, it's my fantasy
holders not wait until Monday to post this one.
But don't worry, there's the bankers lined up.
So it's it's going to be it's this is not you know, I I was a
one hit wander last week. I'm a two week hit wander next
week and hopefully I'll be a three hit wander after the next
one. But it there's a few coming.
Tyler, how you doing today? I'm good.
Sun's shining. You know, some of the coins are
red. But hey, we had some winners
still yesterday. We'll, we'll get into it perhaps
later in the show, but there's still some green on the board.
Yeah, we're we're, you know, we'll, we'll, we'll, we'll live.
We'll live. It looks like it looks like
we'll be OK. We'll I mean, hopefully we got a
nice little bounce on the show start just like yesterday, but
after the show we also went zero.
So see, I, I'm telling y'all when I call October, we bounce.
You know, we, we kissed 59 eight or something before the show and
we're $1000 higher today right now.
So let's see, let's see, let's see, let's see, let's see.
And, and we'll see where we go there.
But anyways, anyways, anyways, day on the show today, today.
Well, market talk, of course, let's talk about that and, and
where we think we're going. Let me beware everybody, beware
of the bear, OK, We have a bear in studio today, man, who's
going to shatter our our dreams, I think today.
So if you're holding altcoins, you might want to tune out and
that Bitcoin you're fine. But I found any other coin in
Bitcoin you want to turn out of the show today.
Just play with you next Next up, Tylers top 1000, which honestly,
we may have to go back down to top 100.
Even Tyler, I looked at your shape before coming on again.
There's not there's a lot of stuff.
There's not crazy about stuff yet.
So I'm going to you know, for October.
I I said top 1000. Just going to retract it the top
100 again. Okay, fam, so top 100 Then of
course, another aerobic spin as we're doing them every single
day now besides Monday. So you'll have a chance on
rafflebot dot XYZ to to hop on. I think you all can guess what
the code is going to be today. And then last but not least to
show is powered by galaxies with seamless built in monetization
tools, Galaxies enables development of sustainable long
term communities, fulfilling Bitcoin's vision of the
centralized freedom and independence from centralized
control. Oh, my God, You know what?
For an ad read that has so many complicated words, I think I'm
doing really good. Like, my English got better with
this show, right, Mando? Did you?
Yeah, a little bit. Ovie would be proud, right?
Thank you. I think this this show is like
my my daily English reading English class.
Anyways, without further ado, Mando.
All right, let's talk about this market because because not so
October is happening right now. Who is the man?
Michael, Daddy of the land? Can you dig it?
Yeah, GM So I wouldn't say October was necessarily
cancelled. Like Bitcoin is kind of
basically where it was when we did the show around 61 K again,
it would dip below 60K briefly. What has just shocked me a
little bit is just how many and how severely so many of these
old coin stories, kind of the hot ones have just like been
taken out to the woodshed. It felt like over the last three
to three to five days, majority of those stories are down like
20 to 30% and no real bid, just like sustained selling.
And that's the thing that kind of got me.
I was like, wow, like there's no one, there's no one coming to
buy these when the when the when the music stops for like
Bitcoin, right. So my personal view is that like
that the market kind of showed its hand again.
Bitcoin dominance went back up to 58%.
They're pretty aggressively the moment there was calls for an
altcoin season. And I would be wary, I would be
wary of of some of those old coins.
I mean, I look through some of the ones I've really bounced and
the charts, you know, they just, they just look to them, which
doesn't look so good to me. So I think Bitcoin looks OK 61 K
is going to look fine. I'd be very wary of buying into
2021 alts. Anything that was like, oh, this
old coins going to come back. You know, it's going to be a big
pump, but I think that's dangerous and that that isn't
just old coins. Well, ETH and ETH looks the
fucking tunnel, the stage, right?
Like what the fuck is going on there?
Like I think part of the reason people go for altcoin, even
myself, was that each suddenly started to outperform and it
started to fight, right? OK, we can, we have an altcoin
season here and that thing's going back to flat on the year
right now. Solana as well.
Like Solana's holding on up better, but also not looking.
That was a lower high just put in right.
We got up to 162, but that was a slightly lower higher than the
one before. And that's that's again, like
not the best look in one of these charts.
Doesn't look as bad as some of the others, but just tells you
that some of these old coin stories do.
Look, that was a complete death of them in the last three days,
which is really which I really felt like, you know, there's a
lot of talk about it. They could, they could go and
I'd be wary of that. So Bitcoin looks fine.
I think if Bitcoin caches are cold here and goes to 58 K, that
could be even more ugly. I think you could see Bitcoin
down. Let's go to like 5960.
Wow, that BTCD is definitely up only.
I mean, look at it. Look at the stairway to heaven
right there. Which is just so dull, I have to
say. Like I was, I was speaking to
Wiz, Wiz of Soho before we went on.
I was like, are we literally just sitting here?
And the best thing to own is like Bitcoin?
And then you can catch an early meme.
You know, you can catch a meme coin below 10 million and run it
up on 10X. It just feels as though like I
don't even know what's what's a long term like Siri's been on a
tear, right? So maybe Siri is now $19 billion
FTV huge unlocks, but I even said that 1.5 like I, I think
that one is, is a little bit dangerous even at this level
just because of the tokenomics and or there's some stuff going
on. So we I wouldn't say it's like
absolutely insane. So for it to like flip ton, for
example, I thought would be a big ask, but I don't even know
like dope coin stories that like phantom, just like died now the
major meme coins, right, They all just got absolutely just
stories like with with was, I mean with bounces now, but it
was just went below 2. It's been below 2.
It's a 2.6. They.
Did like they put on, you know, since kind of that August feud,
there was like a 2 month consolidation.
It really felt like we were coming out of those and then
they've just gone right back to where they were.
Well, we just put another like lower high, Yeah, right there.
I didn't really didn't think they these stories had fought.
I think the thing that suddenly scared me is how quickly they
fell apart on on Bitcoin dropping from 6364 K to to 60.
Like that's a big move. And just the IT felt as though
there was no bid. You know what I mean?
Like that's six straight days low for some of those.
And it's like, oh God, that's that's not, it's not good look.
Yeah, I know what you mean. It's like as we're getting
better everything just we give back all the gains that of the
recent couple of days, as soon as things were starting to look
better, as soon as Bitcoin sneezes and Bitcoin's not like
you were saying it's not that low.
It's 60 point 5K. It's not like it's looking
great, but it's also not like, you know, it was just like
$52,000 like 3 weeks ago, right? So.
And that was multi consolidation periods for a lot of results.
Some sometimes it was like like look back like it really felt
like they've been consolidating since like July, May sometimes.
And then for that to all then fall apart.
Yeah, I don't know. Yeah, I'm just very, very wary
on like ETH is kind of the main one that really gets me scared.
Just like that. I could just keep dragging
everything low. And that's kind of the reason
why the coin dominance keep going higher as well.
But yeah, it's a little bit scary.
Yeah. I mean, how do you feel about
the market here, Tyler? Don't love it.
I I think folks got a little too excited last week and I get over
excited myself from time to time.
So I'm I'm not throwing stones, but we already had folks calling
for easy mode on the timeline and I think people got caught up
in, you know, MU Dang running Bitcoin was up and like wolf and
Pepe were up big right. So I I was personally, I was
watching with and I knew we had to get to like 280 to put in a
higher high and we didn't get there.
So like that is that was a level I was watching.
So that's that. That's not great.
As for the broader commentary, like what is there going on in
the market right now? Like earlier in the year at Q1,
we had like we had the AI narrative with with Tao, we had
prime in Web 3 gaming. It does feel like there's a
little bit less right now. I mean, we're what open AI just
announced they raised at 160 billion and, and world corn
didn't even move. And granted, there's other stuff
happening and I don't think Tao really moved either, Right?
So. And I know Tao's not directly
related, but still. Look, I think we can go higher
when the election happens. I really do.
I really do think that once you're in the rearview mirror
there, stuff can go higher. I still think that probably, you
know, in that world, things can pump.
I'm just saying that this lining, I don't think altcoin
season is happening this year afterwards.
That's the 20. 25. Thing.
I think that's the 2025 thing. But when you think about even.
100X on Mudang like back in the east.
Yeah, like, I mean, you're talking about Mudang.
We said 200 mil on that almost, right.
So it's like. SPX, What the fuck's been going
on in that coin? Like it's like 6000 holders and
the top ones are like 20 million I'm looking at today.
I was like, what is going on? Put a daily chart on that.
Put a daily chart? What?
Is that? It's a year old disc coin.
That's beautiful, that's what it is.
It's really a year old that is. Yeah, just, you know.
It's a 27X. It's a 27X in the past three
weeks this morning. I think I had some like here.
So that's something to happen. Is probably here.
This is the epic chart. In a few months I'd.
Love to see it. But yeah, I I don't know that's,
that was a great, it's a crazy death of all coins.
I wonder how our ruins are doing on the back of Bitcoin being the
only store value right now. They're down.
Never mind. Yeah.
Papa got listen. Hey stop it.
OK, listen well if Bitcoin is store value then my pups is OK,
right? That's what hurts.
So like, even in ordinals, maybe we'll get there later, but like,
ordinals had such a great week and now they gave it all back.
Like everything's giving. It back everything gave it all
back. This is this is not a market to
trade. I for someone who I'm usually
like very trigger happy. I have not made a single trade
in the longest time. I've not touched the market in
in weeks, weeks. I've actually mostly just cut
stuff here and there's in small batches and just add it all to
an account so that I'm ready when when when I want to like,
you know, when I want to go Max long or something.
But yeah, I think Mando's right here.
Alts are not great for me. Mando like, and that's what I
was telling you before. It's like if it's not majors,
it's memes. And I agree with that.
It's like, I don't want to like, I don't know.
I don't want to worry about like my alts, new games.
That's that, that's basically what I thought as well like some
of the other stories which I felt like it come back the
market just shows you that they're not ready to pump any
2021, yeah. I wish, I mean on the Solana
side, I do wish we had broken through that 160 mark.
So we we didn't put a higher, we didn't put a lower high, but we
kind of like we kind of broke down right at right at the
previous high, which was 162. And so I'm going to be eyeing to
what happens here for putting a a lower, lower higher low here.
So we're still higher low territory right now on Solana,
But you know, obviously understand where it coming from,
but I think I think it's just a matter of like a waiting game
for people, right? Like I think there's also the
overhang still of what's going on in the Middle East, right?
I think we just got some updates on that during the show.
I still think we're. Good AT90K3K this year.
I really do. But bring up the Ave. chart for
example. That's the perfect example of a
chart. I was like, OK, here we go.
Like moving back into the utility style stuff.
Ave. We was being at that on the
show, but probably four days ago, right?
Actually, we talked about Ave. a lot with Mark Cuban.
He loves Ave. Ave. right there.
Market cap. That's by market cap though.
Let me check the price. USET.
There we go. Ave.
Wow, this is a nice chart, man. Maybe not, I don't know.
Nevermind. Nevermind.
Zoomed out OK if you don't zoom out though.
Like if you if you don't zoom out, like if you zoom in for
once. Might be better than study does
actually. Always not that bad, but yeah,
you're. Yeah.
But see, that's what you were saying, right?
It's like we were starting to do good and then just hammer down.
Here's the one. No, Ethan's just.
Yeah, it's. Just the hammer.
The hammer belt, he's just never recovered. 1800.
Like he's just never 1800. I agree he's never recovered
from this dump. Mendo, whichever one that was
thugs could mean as burrito anyways.
So so that's that. Listen, listen, y'all, we'll see
we'll see where the market takes us, but just hang tight.
Just hang tight. Our regular scheduled
programming of October will resume in a few days.
OK, Let the Middle East figure it's shit out and then you know,
and then and then we'll get there.
I'm going to get the tower in a second, but let me see.
I saw an update from that. This guy it's his it's
definitely his Olympics right now.
D1 Walter Bloomberg, he said I saw something come.
OK, here it is 2016 minutes ago. US indirectly tells Iran not to
attack its middest bases. Yeah, OK, we get that.
Biden says Biden, but daddy's home.
USAI thought USA was having daddy issues Biden says
discussing Israel striking Iran oil facilities and then oil
futures jumped more than 5% on Iran Israel conflicts that those
are all latest news in the last 1015 minutes.
Anyways, Tyler, let's see what you got here for us with Tyler's
top one. I'm kidding the top 100 or
hopefully 1004 Jelly NFT and crypto analysis.
Tyler on FOMO our calls the kids.
Can yeah, a few big macro headlines this morning.
So the SWIFT network will begin live trials of digital asset
transactions with banks in 2025. And then also breaking this
morning Visa is going to help banks test, tokenize assets and
smart contracts. SO2 huge pieces of news out of
payment processors here this morning.
Aptos was a top alt mover up 12% after Franklin Templeton
launched its on chain money market fund FOBXX on Aptos and
then we just mentioned to Ave. Grayscale rolled out an Ave.
fund though Ave. up just 1% on the news.
A couple pieces of SEC news here.
So the SEC has appealed the Ripple case ruling signing
conflict with precedent and then their enforcement director
dubbed the top crypto cop Gerber Gruel is leaving the agency.
Get this. He oversaw $20 billion in
companies in three years in over 100 enforcement actions against
crypto companies. So perhaps good riddance there.
In other headlines, Open AI announced a $6.6 billion raise
at a whopping $157 billion evaluation, while FTX is
starting to auction off 22.3 million World World Coin, which
is worth about $38 million. That will have a daily unlock
schedule. The actual daily unlocks not
that bad through 2028. World Coin also announced
updates to its grant program Yesterday we saw PayPal their
PYUSD stable coin just became purchasable on moon pay.
So shout out to moon pay from all supported countries except
Canada. So sorry for and then Kaushi.
Kaushi officially cleared by federal courts to offer election
markets. So I saw that actually on my
local news this morning. So that one's going around.
Yeah, that. One's getting around and memes,
NFTS meme core majors down about 1 to 7% today.
SPX outperformed up top up 30% to 190 million.
New meme Pochita dominated Solana volume saw over $110
million in daily volume. Reached a $30 million market cap
in early trading. Yeah, why can't I fucking hit
one of those? It's yeah, last.
Night. Last night.
Yeah, yeah, and, and why didn't you fucking send it to group
chat? Tyler?
We've hosted 100 of these shows now.
Yeah, I'll, I'll, I'll tell the story here in a minute.
Let me get to the last three headlines, then we'll circle
back. What you and then a tease X copy
announced a new one of one of 250 collection coming to shape
L2. I actually think that could be
the drop of the year. We'll come back to that.
Doodles dropped their certified viral piece bite sized and then
C phrase. Set to sell his full set of
Autoglyphs as hoodies. I saw that.
That's 2 1/2 to three and a half, $1,000,000, so we'll see
what he gets. This motherfucker stays winning.
Bro this guy sold a hoodie for 15 grand and then the market
naked. We need rate hikes right now.
We need to hike the rates right now.
A hoodie sold at Christies for 15,000 United States dollars.
Shout to see phrase though. I did.
I did mint this hoodie and it was fine and I love what they're
doing at merge, but that we listen.
I want to talk about ripple. I want to talk about Kaushi.
I'm done to talk about the autoglyph sales and everything
We know it's good. At least if if everything goes
to zero, I know seed phrase will have a room for me in his
mansion. I got my I'm playing chess, bro.
You guys playing checkers. You know, I, I literally, like
literally, and, and worse comes to worse, I sleep in, in, in
Mandos, in, in, in one of Mando's guest houses, houses,
you know, in exactly. I mean, you guys, if you're, if
you're a billionaire and daddy's a billionaire and we already
know, I mean, OV already made like $400 million just on whiff.
So like, so like, and he bought a couple aliens.
So like literally I can just come and you know, live at one
of your places and then you know, you know, our wifeys are
all friends and stuff so they can get along and whatever you
know, it is what it is. Good hedge.
Good Hedge. Yeah, it is what it is.
But you know, let let me ask you something you got you gotta, you
gotta apologize in public about this Pochita shit.
OK Mandel, you got to listen to this one.
So what's this Puchita stuff? Yeah, so I didn't know what it
was, so I just tweeted out. I was like, what is Puchita and
how did it get to $20 million in 90 minutes?
So like I had just gotten back to the desk, I pulled it up on,
I pulled up deck Screener and saw it at the top of the board.
And then people start flooding my comments instantly.
It's it's Bonk's brother. So that's where we're at in in
the market. It's the brother of Bonk.
Not only that, I guess more comments are coming in.
This is like one of those Nero situations where a several
copycats launched yesterday and apparently there's like multiple
O GS. Like there's one that's like
nine months old or something. So this isn't even necessarily
an original meme, but for whatever reason, this one took
off and it hit $20 million again in like 90 minutes.
It chopped between like 12 and 15,000,000 for a good chunk of
the afternoon. And then demon hours, you know,
Frank to God hours last night, this, this thing soared to
35,000,000. It's down to 26,000,000 here
this morning. But but clearly that the big
mover on the day and then $118 million pumped through this
thing here in less than a day. But there's still volume in the
market. Cabal stays winning, Yeah,
there's volume in the market, then takes it away from another
coin, right? Yeah.
We saw that. So basically everything else
kind of stole away from everything else.
All the other movers kind of stopped.
Damn, yeah, it would be nice if people told me that, you know,
like when these things are sub million, I would love to hit a
20X or something. God damn it.
Yeah, me too. I didn't get to I, I bought in
around 17. So disclosure, I do want to open
this up, up like 30%. So nothing crazy.
Yeah, OK. That's not bad.
Liquidity is what stood out to me.
It's like there there's you could, you could throw some
signs into this and be all right.
Yeah, there's, there's a lot of liquidity in these, right.
So, but just questions like how long, how long do they do they
stick around for is the question.
What else tell what are the major stuff?
I mean was the SEC stuff seem pretty big.
So they're they're appealing, of course.
Yeah, I mean, that's the headline.
It's not like super deep. They you know, it.
There's two pieces of the ruling. 1 was that on the
institutional Here I have it up. So they, they filed a notice of
appeal with the Second Circuit Court of Appeals.
This is a four year long case. So back in 2023, Judge Torres
ruled that their institutional sales of XRP violated federal
securities law, but the programmatic sales to retail did
not. And they had $125 million fine
on the line. The judge at that point had
denied the SE CS request to appeal.
The SEC is moving forward with that anyway.
And, and they're, they're saying they've got confidence that
they're on the right side. There's decades of Supreme Court
press that his securities law saying that I guess the the
retail aspect of this, that it is securities.
The Ripple CEO Brad Garlinghouse tweeting the SEC is lost in
everything that matters and he's saying it's not a security.
So we'll we'll see the the case drags on.
Not out of the woods yet, I guess.
Yeah, we'll see where this goes. So the SEC seems to keep you
they they don't want. So what's the story of this guy
that that made him 20 Bill? They made him 20, Bill.
No, you. Was it $20 billion of fines?
You said to grow up. Oh, oh, yeah.
So that's the the other SEC news.
Yeah. So this guy, he's he's their
their enforcement director. So he has been overseeing all
that just for the past three years, $20 billion in penalties,
1400 enforcement, 2400 enforcement action.
So yes, that's three per day, like counting like every day,
like weekends and holidays for for three years.
And that is a wild number. Like when you see it
consolidated just a three-year period.
You know, it made me think yesterday, it's like, This is
why I actually, I was like looking into where does the SEC
rank in U.S. government agencies in revenue?
And it's like a top five revenue generator for the US government
right now. I mean, $20 billion.
Yeah. And that's just a lot's not
disclosed. So it might be like top three.
So this is and this is a driver of it, right?
This is why it's never going to stop.
I hate to say that like, I'm not a fan of it, but like they they
are building. The SEC is in the business of
generating penalties and fines. So out of the out of, I have a
question, out of the $20 billion in penalties across 2400
actions, how much of it has actually been recovered or is
that $20 billion been fully recovered in terms of money?
That's penalties like against institutions.
Right. But the, the penalties have been
given, right. But that's what they've like,
actually recovered $20 billion. There, there were some stats on
the recovery. I think it was something, oh,
there it is 1 billion. It ended up over 1 billion in
awards. Wait, that's, that's awards to
whistleblowers. So I actually don't know on
recovery. Yeah, I'm, I'm, I'm curious,
right, how much they've actually managed to get because you know
how these companies are, right? They some of them will either
close shop or some of them will will you know.
I see what you're saying, yeah. Yeah.
Yeah, I I am a competitive eater.
If you get in a. Did did you just smash burritos?
It seems after the show. Can you do me a favor?
Can you just please like we need to make a video of a timer.
So I want here's a video I want please, like let's give this to
the team. I want a video of us talking to
you at the time. I want to see a timer like a
clock on screen and how long he how fast he smashed those
burritos. I would love to see that piece
of content go live. It was.
Impressive. That those are some big ass
fucking burritos. Bro.
This motherfucker is eating those flips.
You guys, I'm in session. Today, boss.
So what? What kind of burritos were they?
Chicken burritos, double and a milkshake.
So wait. Good, good lunch, I guess.
Just a casual 2000 calories here this afternoon from.
Home. That's crazy.
It was that piri piri chicken. Was that that Portuguese
chicken? Oh yeah.
Oh, it's so good. Portuguese chicken is a fucking
bomb. Yeah, that was a record-breaking
burrito smashing. You should order.
You know what you should order? Enter those glizzy contests.
Like, how many hot dogs can you eat in?
Yeah, in the bear market, we have metal.
Become a competitive eater. What part of the central is?
This can you mention that off to me just I mean.
And nothing will surprise me. You literally became a meme
queen dad six months ago. So like, next thing, next thing,
you know, like you you could think, yeah, we need a myriad
market on like how how many burritos or Mendel can down like
in a show or something. You know, someone will do that.
OK, perfect. You know what in Basel, like at
the Art Basel event for for for event, like maybe we do like a
fast food eating, like a food eating contest.
Let me see who's the fastest eater.
And maybe we give away some some tokens or something.
I don't know. Yeah, you are just breaking up.
But not so much. Just just a tiny bit.
We're going to fix it, though, I promise.
Anyways, Quickly, quickly, quickly, quickly.
The code today is Cuban. Go figure, huh?
Surprise. Cuban.
CUBANCUBAN is the code for today.
Raffle bots dot XYZ for those of your new listeners.
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win. Question.
There was some bibit news this morning as well, right?
Did you guys see the hold on? What was it?
So it was earlier to the mando. Can you talk?
It says so the breaking news was bibit launches in that in in in
that in this indices indices. How do you spell it in English?
Is that this indices? So traders now access indices
like China, a 5T, Dow Jones, NASDAQ 100, Nikkei.
So you can trade stocks like tokenized stocks right now,
baby. Is that what it is?
You can trade tokenized indices. I've never seen an exchange do
this since I think FX was dabbling in the concept around
this. I don't know if it's illegal buy
it is based in Singapore as far as I'm aware, and Netherlands.
I think that's one of the two blazes that they had our
offices. But yeah, you're allowed to
trade. You're about to trade the the
NASDAQ basically on on. But all of them for all the big
countries, right? You have the Nas 100, you have
the Hung Seng, you have the HK 1, you have Germany 40, the
France 40, EU, like it's all the top indices in the world, right?
UK 100, yeah. So I don't know what the
liquidity is going to be low. Navigate to Trade Stocks 100 X
11. 100X level socks yes, let's go Yeah, that is that is
something but that came out like early this morning, Tyler.
So I don't I don't think either it was like when you and I were
probably both still asleep. I mean, though you do wake up at
5:00 AM. But anyways, there's.
Going right, it's on chain all the all the assets are going to
be tokenized to trade them just a matter.
Something else I saw in your stuff this morning was X copies
because you brought up Shake yesterday before.
So give us a give us the news here.
I'm wondering if this is the drop of the year.
So we we got some initial tidbits of information here from
X copies. So the collection is going to be
a one of one of 250. So it's an addition, but they're
going to be unique additions. It's going to be dropping on
shape L2 and we got some additional information this
morning. So it's going to be a price of
0.33 ETH, not bad for X copy. I think this is going to be the
highest mint so far on shape by price.
It's going to be partially allowless, I think partially
raffle. So his his top X copy collectors
are going to have a raffle shot for I think 100 or for 100 or
105 of the spots. And there's going to be 145
perhaps for the public. So I think we're going to get
more of those specific details here soon.
I don't think we know the name of the of the collection just
yet. Yeah, still being called
redacted since October. But he's speeding up the the
drip of information. So that makes me think it could
be here in the next week. And with shape, you know, just
having gone live here a couple days ago, I think that they're
starting to get out, you know, some of the early bugs.
It would make sense for it to drop soon.
I think there's been some mixed feedback to this.
I think some folks, you know, wondering if like does this hurt
his legacy or is this really is it like a kind of a cash grab to
drop on shape versus an ETH EV, you know, versus just on ETH?
I don't know that I really feel that way.
I think we've seen X copy drop on L twos before.
You know, he's always kind of experimenting and doing things.
What I think what what really got me my wheel spinning is I
was thinking about this drop one of one of 250.
So grifters was like a one of one of 666, you know, unique
additions, but they were PFPS. I think the PFP aspect is
what's, you know, helped them hold value.
They're they're at 10 eighth. This is going to be a smaller
collection. You know, what if he, what if he
went a similar route here? And it's like this, this could
be the drop of the year. And then that got me thinking
it's like, what other drops do we even have this year?
And it's like, I think this 2024 for new NFTS has been a soft
year. So Bitcoin actually had a couple
good ones. So I believe Bitcoin puppets
were 2024, so were Quantum cats. So, you know, those are two
pretty big drums. Board and those were all 24.
Oh no, monkeys was 2023 technically, so that I think
that came out right around Christmas.
But then Solana, like what would you even call the I think crypto
undeads top drop on Solana this year.
And then for E I was, I was racking my brain.
I actually think I'm I'm friends with with Arsenic.
I think his pebbles drop on the the next Gen. 6529 platform was
likely the drop of the year that we've had so far.
Beef Brothcos this year. I'll beef Brothco if that was
this year that that's definitely in the running.
It wasn't this year, it was at Marfa.
So yeah, it was. Oh no, it was.
Last year, yeah. Oh.
You're right. Fuck, 2024 has been so dull.
Like I'm racking my brain for the top five and this hurts me
to come up with five if I'm being honest. 5 new mints in
2024 Mint to Crowdsource this get get walleye Yeah.
Yo chat, yo, we have a whole fucking comment section 400
people listen live. Yeah, we had the X copy
1,000,000 mutation on base. Yeah, but that's like an open
edition. That was different.
Yeah, the code is Cuban, Cuban for those of you raffle, but XYZ
to get into the raffle today. But hold on, there was 2024
drops. I don't know.
Oh, we didn't drop anything 24 so remnants are one.
No, no big project has has dropped NFTS this this year.
Like no, Azuki hasn't bought Apes, I don't think has right?
But there's some talk about maybe something coming.
Obviously punks didn't. There was no even collab I think
this year and for for. Yeah, what do you mean?
Super cool world, baby. OK, wait too soon.
OK, sorry. No doodles?
I don't think so. Right.
So, yeah, that that was it. It was just ordinals.
Just ordinals. Yeah, it was heavy or you guys
are right? Remnants is a good comp, so
thank you for those in the in the chat.
So this was X copy's last big addition drop.
He's been doing drops tied to Max Payne here throughout this
year. Remnants is in a 250.
I guess this is a one of one of 250 because they are all
slightly different. It's kind of 94.
So I mean there's a real shot that this thing comes out at 4-5
eighth. So that's a that's a 15X on a
.33 ETH mint. Like we don't get opportunities
like that. We need to try and get
whitelists for this thing. For what?
Oh, for the X, but you have one of ones.
Of course you surely you can get a whitelist now.
OSF, he's like, Oh yeah, I don't think we were paying attention,
but if it's if it's for existing users, then yeah, we should
definitely do. Yeah, you guys would have a shot
at the at the leaderboard raffle spots for sure.
Yeah, yeah, yeah, 100%. What else?
I mean, you, you, you had some, some, some Kaushi news.
So what, what you saw it on TV? That's good for prediction
markets. Yeah, my, my kids are still
sleeping this morning. So we had just the local news on
and the headline that causally in in political election market
bets officially clear in the in the United States is the
headlines going around. So it was even on the news.
That was mainstream for sure. A bunch of different people
reported on it. Yeah, that's good.
You absolutely love, love to see it, honestly.
Like, I love it. I love it.
I love it, I love it. Everything's becoming super
mainstream. But but we said that goes then
last but not least, I mean, you know, you talked about Danny,
but you know, Speaking of mints, I think they're almost minted
out. See, that's why Ethereum dropped
Mando because they everybody spent their eats on hoodies.
You know, it's almost almost minted out.
I got a nice one. I know Ovie got a couple as
well. You know, minted 240 hoodies.
It's not bad. Plus, so like Chrissies, but the
bigger news almost was like the Autoglyphs, right, that are
going to be sold at Sotheby's. I just saw that.
So he's got the full set. I mean at peak those what was
probably the peak valuation just to play the.
Fun game. Well, he when he received a $35
million bid for his full set in 2021 and he punched him in the
throat for not taking it. Oh my God.
But this is just a lesson, folks.
If you get a $35 million bet on your NFT, you should probably
take it. Yeah, but he's doing.
He's fine. He's.
Doing this fair? There was a, you know, he sold
one of his blips recently on this closed amount.
So this is not the full set he's selling.
So he sold one already. He's selling these 12345,
there's what, 7 in there? And then he has the bare glyph
that's not for sale, which is arguably like the best glyph out
there. OK.
So he's not selling. This is not the first set.
No, this is not a full set. Full set is 10.
So this is a rare set of seven. So this seven of his ten, he
already sold one and then he has the bare glyph as well, so I
don't forget if it's 9 or 10, but it's this.
He's not selling the full set. It's interesting, right?
I mean, I think if you think that Jenner Tavard is going to
hold value or really any of our digital collectibles, like auto
glyphs are kind of the top of the list, right?
Like Autoglyphs X copy punks are definitely in the top five.
So I'd be curious for for Danny's thoughts, like does does
he not think that these would be more valuable in 10 years or
he's just taking some off because he's got others?
For the. Rationale.
I mean, I spoke to him yesterday about it, but let him come on
the show. I'm still, I asked him to come
on tomorrow, Tyler, to talk about all this.
But actually, this is for those of you who are curious about
Autoglyphs. This is a great website.
Like it explains exactly what they are, why they're important,
etcetera. But but, you know, I think
Tyler, he's thinking like what I can do with the money now versus
waiting 10 years. Very fair.
Yeah, plus he's got that bare glyph that he's not selling,
right. So basically it's the only
Autoglyph that. Made the shape of like an animal
or something, which is really cool.
It's. I don't.
Know if I've even seen that one? Yeah, I'll have to.
It's. Insane let me see if I can find
it oh it's Danny vault right his open sea.
I think open sea, let's find it. It's open sea, sea phrase vault
or some shit. It's really nice, but I just
don't know where to find it. But if he comes on tomorrow,
we'll we'll we'll talk to him about about this.
But it's a really, really cool. We made a cool one, which is the
form of a bear. So yeah, that's why.
But we'll let him come talk about it tomorrow.
I think Tyler, I think we went around the home pretty well,
right? Yeah, that, that was pretty much
it for today. There you go.
Yeah, a little bit slower.
It's definitely slower right now, that's for sure.
But don't worry, y'all, I will keep you guys occupied as I'm
going to post this Mark Cuban interview in like 20 minutes or
something, so soon as we're done with this.
All right, let's get Danny secure.
There you go. See, we think we got people.
People know their shit here. These people.
People know their shit here. That's there it is.
Hold on. Let me find the auto.
Are they in? I don't know if they're in this
vault. Yeah, there's another wallet.
Clear. Anyways.
OK, this is complicated. We'll figure it out tomorrow
with the man himself. There's 4500 NFTS in this thing,
so so it's top.