1 00:00:00,280 --> 00:00:01,440 Yo-yo, what up? What up? 2 00:00:01,480 --> 00:00:05,480 Good morning. Good morning GMG. 3 00:00:08,640 --> 00:00:15,400 Wednesday, Wednesday, October 23rd, 2020 Fourth. 4 00:00:16,680 --> 00:00:20,120 Yeah, another beautiful day to have a beautiful day. 5 00:00:20,480 --> 00:00:24,600 I got my Co host in the house, Tyler Mando, GM. 6 00:00:24,600 --> 00:00:29,120 How you guys doing today? Fantastic, fantastic. 7 00:00:29,360 --> 00:00:32,920 How are you? Fantastic feeling great, 8 00:00:32,920 --> 00:00:35,080 actually doing really, really good. 9 00:00:35,080 --> 00:00:37,400 You absolutely love to see this things are popping. 10 00:00:38,000 --> 00:00:43,680 The space is lively and and, and look, I mean look at we're we're 11 00:00:43,760 --> 00:00:46,080 we're not getting this we're not getting this dip yet. 12 00:00:46,080 --> 00:00:47,240 So we'll see if I want to jinx it. 13 00:00:47,240 --> 00:00:49,160 But you know, things are things are looking good right now 14 00:00:49,160 --> 00:00:53,120 across the space. You know, coins are popping and 15 00:00:53,280 --> 00:00:55,440 people a little euphoric. You love to see that, Tyler. 16 00:00:55,720 --> 00:00:58,560 Tyler, how you doing today? I'm doing great and we've got 17 00:00:58,560 --> 00:01:02,560 billionaires pumping our bags on a daily basis right now. 18 00:01:02,920 --> 00:01:05,600 How? How could you not be happy on a 19 00:01:05,600 --> 00:01:07,640 Wednesday morning? Yeah, we do have builders 20 00:01:07,640 --> 00:01:08,200 pumping our. Bags. 21 00:01:08,200 --> 00:01:10,160 Plus you're in the wrong bags and then maybe you need to re 22 00:01:10,160 --> 00:01:12,000 evaluate. I'm probably in the wrong bags 23 00:01:12,000 --> 00:01:15,160 right now, but it's OK. But it's OK. 24 00:01:15,320 --> 00:01:17,480 It always falls back. We're in the Marad bags still. 25 00:01:17,640 --> 00:01:22,840 We didn't rotate out of Marad. Oh, that was you, Mando. 26 00:01:22,840 --> 00:01:26,760 Now I see you nuke my bags. What? 27 00:01:28,600 --> 00:01:31,040 I haven't used anyone's bags. I'll play with you. 28 00:01:31,040 --> 00:01:35,480 I'll play with you today. The show today, today. 29 00:01:35,480 --> 00:01:37,240 Let's see what we got. Let's see what we got. 30 00:01:37,240 --> 00:01:41,200 Well, we got market report as usual, so crypto, micro, all 31 00:01:41,200 --> 00:01:43,960 that good stuff, Bitcoins holding strong, so a lot I'd 32 00:01:43,960 --> 00:01:45,840 love to see that. You know Ethereum, it's just 33 00:01:45,840 --> 00:01:47,760 being Ethereum. We'll have a conversation about 34 00:01:47,760 --> 00:01:50,320 that a little later. Tyler's top 1000. 35 00:01:50,640 --> 00:01:52,280 I'm sure he's only going to talk about goat. 36 00:01:52,440 --> 00:01:55,920 So Tyler's goat. Go talk, yeah? 37 00:01:56,200 --> 00:01:58,240 I want to talk. Yeah, I have a feeling. 38 00:01:58,240 --> 00:01:59,400 I have a feeling this is really. Yeah. 39 00:01:59,400 --> 00:02:01,920 There's a tiny bit of echo. I don't know which one. 40 00:02:01,920 --> 00:02:04,400 Where does it come from? There's a little echo in the 41 00:02:04,480 --> 00:02:05,680 back. Probably nice. 42 00:02:06,840 --> 00:02:09,840 If you just turn your phone maybe it'll stop, I don't know. 43 00:02:09,840 --> 00:02:12,680 Or put like a something over it. It's gone. 44 00:02:12,960 --> 00:02:17,000 But but yeah, it's gone boom. That and then and then and then 45 00:02:17,000 --> 00:02:19,320 and then and then we're going to have the ARB update. 46 00:02:19,320 --> 00:02:21,640 We could do it yesterday, it could do Monday, we're going to 47 00:02:21,640 --> 00:02:24,920 do it today. Little Arbitrum update as usual. 48 00:02:24,920 --> 00:02:27,360 Then we got a robot loot box spin. 49 00:02:27,360 --> 00:02:29,520 Let's see who wins what. You know, reminder, we have 50 00:02:29,520 --> 00:02:31,320 Milady's protocol elements with our project ALS. 51 00:02:31,320 --> 00:02:33,560 We got post our red guys, we got our RLDS, so we got a lot of 52 00:02:33,560 --> 00:02:37,240 stuff in that box right now. And then last but not least, 53 00:02:37,240 --> 00:02:38,640 this show is powered by Galaxies. 54 00:02:39,280 --> 00:02:42,040 With seamless built in monetization tools, Galaxies 55 00:02:42,040 --> 00:02:44,120 enables development of sustainable long term 56 00:02:44,120 --> 00:02:46,680 communities, fulfilling Bitcoin's vision of the 57 00:02:46,680 --> 00:02:49,800 centralized freedom and independence from centralized 58 00:02:49,800 --> 00:02:52,560 control. But anyways, anyways, Meadow 59 00:02:53,280 --> 00:02:55,240 Meadow, Meadow talk about this market. 60 00:02:58,840 --> 00:03:01,560 Who is the man macro daddy of the land? 61 00:03:05,200 --> 00:03:08,120 Can you dig it? Yeah, so there's been a little 62 00:03:08,120 --> 00:03:10,280 bit of stuff going on in Mecca actually for the first time a 63 00:03:10,840 --> 00:03:12,840 little bit. We've had all time highs 64 00:03:12,840 --> 00:03:15,160 obviously back-to-back to back like six weeks. 65 00:03:15,920 --> 00:03:18,960 We've actually had two down days in broader stocks the last two 66 00:03:18,960 --> 00:03:21,480 days. And the main thing there is that 67 00:03:21,480 --> 00:03:25,480 we've seen bond yields and the dollar have actually gone up 68 00:03:25,600 --> 00:03:29,920 pretty substantially. So a lot of people have have 69 00:03:29,920 --> 00:03:35,960 been seeing the idea that we will that inflation might 70 00:03:35,960 --> 00:03:40,520 rebound. I'm not too sure if I agree with 71 00:03:40,520 --> 00:03:43,560 that sentiment, but that's that's become slightly more 72 00:03:43,560 --> 00:03:46,600 consensus that we're going to see inflation rebound. 73 00:03:46,920 --> 00:03:50,240 The 10 year yield has gone above 4.2 to four point. 74 00:03:50,240 --> 00:03:52,400 It's around 4.2 to 4.3% at the moment. 75 00:03:52,400 --> 00:03:53,920 So it's a big, big move back higher. 76 00:03:53,920 --> 00:03:56,680 Remember it was, it was comfortably below 4% for a while 77 00:03:56,680 --> 00:03:59,920 there. You have pretty some of the, the 78 00:03:59,920 --> 00:04:04,280 best known traders in the whole world, Paul Tudor, Tudor Jones 79 00:04:04,280 --> 00:04:08,520 went on TV yesterday and said that all roads, all roads lead 80 00:04:08,520 --> 00:04:12,120 to inflation. You've had Druckenmiller also go 81 00:04:12,120 --> 00:04:16,640 on and say something similar. Yeah, like a lot of people now 82 00:04:16,640 --> 00:04:18,959 pointing towards inflation coming back. 83 00:04:18,959 --> 00:04:23,160 I think the hedging the, the put core ratio on on, on Treasury at 84 00:04:23,160 --> 00:04:28,200 the moment is, is the highest it's ever been of sorry, highest 85 00:04:28,200 --> 00:04:32,720 it's been in 2024. So the hedges against bonds 86 00:04:32,720 --> 00:04:37,000 going lower, IE yields going higher, it has been, has been 87 00:04:37,000 --> 00:04:39,240 rocketing. So and that's caused the dollar 88 00:04:39,240 --> 00:04:41,120 to rebound. So the dollar's actually also 89 00:04:41,640 --> 00:04:43,520 having a very, very strong goal period here. 90 00:04:43,520 --> 00:04:45,880 It's up 4% just in the last month alone. 91 00:04:47,120 --> 00:04:49,960 And the yen as well as is looking weak. 92 00:04:49,960 --> 00:04:53,680 So the stuff that we kind of saw in the first half of the year 93 00:04:53,680 --> 00:04:57,000 really has kind of come back a little bit. 94 00:04:58,280 --> 00:05:03,240 And the yen is, is, is looking particularly weak, which is last 95 00:05:03,240 --> 00:05:04,520 time led to some sort of intervention. 96 00:05:04,520 --> 00:05:06,600 And we haven't really seen that happen yet so far. 97 00:05:07,840 --> 00:05:13,640 And higher dollar normally would lead to kind of lower, lower 98 00:05:13,640 --> 00:05:17,920 gold, lower Bitcoin. But interestingly, most people 99 00:05:17,920 --> 00:05:22,360 are pointing to a higher dollar here because of run like out of 100 00:05:22,360 --> 00:05:25,400 control inflation or debasement. And that's actually led to like 101 00:05:25,760 --> 00:05:28,120 relatively like gold is still going higher, like gold is 102 00:05:28,120 --> 00:05:31,440 heading towards 2800 and hit 2700 just a few days ago. 103 00:05:31,440 --> 00:05:34,600 So like and that's an asset that does not move that that often or 104 00:05:34,600 --> 00:05:36,280 that quickly. So what you've seen is a rally 105 00:05:36,280 --> 00:05:38,320 in commodities even with a higher dollar. 106 00:05:38,840 --> 00:05:41,880 Bitcoin, I think slightly ran into a bit of a wall on the back 107 00:05:41,880 --> 00:05:45,200 of that over the last 24 hours just because of the strength in 108 00:05:45,200 --> 00:05:47,120 the dollar. But I still think it will be 109 00:05:47,120 --> 00:05:51,320 something that people will will look to buy on that because 110 00:05:51,360 --> 00:05:53,440 people still view it as an obvious inflation hedge. 111 00:05:54,760 --> 00:05:57,880 But yeah, Bitcoin dropped below 66 K on the back of that. 112 00:05:58,120 --> 00:06:01,240 Stocks have seen a little bit of weakness, just people get a 113 00:06:01,240 --> 00:06:05,080 little bit more worried about like what's the best inflation 114 00:06:05,080 --> 00:06:10,480 hedge in crypto. What we've what we've seen 115 00:06:10,480 --> 00:06:14,200 really is that bitcoins headed lower obviously continues to 116 00:06:14,200 --> 00:06:16,680 underperform. It's the whipping boy of the 117 00:06:16,680 --> 00:06:19,560 majors. Solana has like decently 118 00:06:19,560 --> 00:06:22,280 outperformed and I think there's two reasons for that. 119 00:06:22,680 --> 00:06:25,840 Number one is the huge amount of DEX volumes that are going 120 00:06:25,840 --> 00:06:28,480 through again. So what you have seen is the 121 00:06:28,480 --> 00:06:33,640 resurgence of with these AI coins and meme coins, there's 122 00:06:33,640 --> 00:06:38,200 been a resurgence in in Solana decks volumes and Solana fees. 123 00:06:38,200 --> 00:06:41,200 So we used to see this a few months ago, but Solana's 124 00:06:41,200 --> 00:06:43,760 regularly flipping ETH for 24 hour fees. 125 00:06:43,760 --> 00:06:46,280 A lot of the individual protocols on Solana are flipping 126 00:06:48,320 --> 00:06:52,240 ETH equivalents and a lot of people getting bullish back back 127 00:06:52,240 --> 00:06:54,400 again on, on this sort of stuff. The real economic value, I think 128 00:06:54,400 --> 00:06:56,000 it that's an all time high for it right there. 129 00:06:56,440 --> 00:07:02,040 So big, big, big, big rebound in Solana activity, which is 130 00:07:02,040 --> 00:07:05,000 driving, driving it pretty significantly higher. 131 00:07:05,000 --> 00:07:06,640 And it's been outperforming quite a lot. 132 00:07:06,640 --> 00:07:10,560 So Solana looks like it's heading back towards like 170 133 00:07:10,760 --> 00:07:13,200 even with Bitcoin lower and it lower. 134 00:07:13,480 --> 00:07:17,000 So pay attention to that. Like we haven't seen Solana 135 00:07:17,320 --> 00:07:20,760 outperform for a couple of months, two or three months now. 136 00:07:21,280 --> 00:07:24,040 Yeah. And then now it's outperforming. 137 00:07:24,040 --> 00:07:26,480 It's not, it's not just outperforming because the chart 138 00:07:26,480 --> 00:07:28,160 looks good. It's outperforming because of 139 00:07:28,160 --> 00:07:30,560 real stuff going on there. And I think the other thing is 140 00:07:30,560 --> 00:07:35,720 people are getting bullish on AIA lot more like, and yeah, the 141 00:07:35,720 --> 00:07:38,160 GOAT meme happened on, on Solana. 142 00:07:38,160 --> 00:07:41,760 But I think more, the more obvious thing to look for here 143 00:07:41,800 --> 00:07:47,240 is that you could see, you could see Solana dominate that sort of 144 00:07:47,240 --> 00:07:49,280 activity if it starts to pick up meaningfully. 145 00:07:49,320 --> 00:07:52,680 So AI agent or it's. Had to burn. 146 00:07:54,000 --> 00:07:54,880 Right. Yeah, so. 147 00:07:55,440 --> 00:07:57,320 Yeah, the burning music, it's kind of what you were talking 148 00:07:57,320 --> 00:07:59,720 about yesterday. It's actually burning a ton. 149 00:08:00,640 --> 00:08:02,320 Yeah, so this is a real reason why. 150 00:08:02,320 --> 00:08:04,520 It's why. It's why it's rallying. 151 00:08:04,640 --> 00:08:08,400 Some money. I was I kind of felt like it 152 00:08:08,400 --> 00:08:11,520 would get caught up in the infos, but I I moved all of my 153 00:08:11,520 --> 00:08:20,640 Bitcoin back into Solana and into oh wow and into GOAT yes 154 00:08:20,800 --> 00:08:22,480 well, this. Was Mendo and. 155 00:08:22,560 --> 00:08:24,720 Then I moved and then I moved. This was Mendo. 156 00:08:25,560 --> 00:08:30,840 So I earn 0 Bitcoin right now and just Solana and Goat put in 157 00:08:30,840 --> 00:08:34,000 my major's bag. This is called the Mendo candle, 158 00:08:34,000 --> 00:08:36,520 right there. He moved a $80 billion asset, 159 00:08:36,640 --> 00:08:38,400 just so you know, like we're playing well games. 160 00:08:38,600 --> 00:08:45,280 This was Mendo's candle. Yeah, I just, I just feel like I 161 00:08:45,280 --> 00:08:47,240 just pay attention to this sort of stuff and it seemed like a 162 00:08:47,240 --> 00:08:49,440 bit of a narrative shift and, and, and one that I think will 163 00:08:49,440 --> 00:08:55,720 persist. So I, I think I think it's in a 164 00:08:55,720 --> 00:08:59,760 decent spot in terms of like broader crypto stuff. 165 00:09:00,240 --> 00:09:02,960 It's been a bit of back and forth on, on stuff around the 166 00:09:02,960 --> 00:09:07,040 SEC that feels like they're not going to, they're not going to 167 00:09:07,040 --> 00:09:09,200 let sleeping dogs live. It came out yesterday with some 168 00:09:09,200 --> 00:09:12,120 more like aggressive commentary about what they're going to do 169 00:09:12,240 --> 00:09:15,040 to crypto in 2025. There was some headline around 170 00:09:15,040 --> 00:09:18,680 India maybe banning crypto. They kind of. 171 00:09:19,040 --> 00:09:23,600 They already slightly like you can only read like it's very 172 00:09:23,600 --> 00:09:27,680 difficult to to trade or on board into crypto without 173 00:09:27,800 --> 00:09:31,360 centralized exchanges in in India, like the vast majority of 174 00:09:31,360 --> 00:09:34,120 users use centralized exchanges. So it's already kind of like 175 00:09:34,120 --> 00:09:37,400 slightly controlled, I would say, but let's see what happens 176 00:09:37,400 --> 00:09:40,360 there. They have been exploring CBDC 177 00:09:40,360 --> 00:09:47,080 for for a while there. Nothing else there that would 178 00:09:47,080 --> 00:09:49,480 move markets. Azura, which is like a very well 179 00:09:49,480 --> 00:09:54,400 known D5 raise, look like it launched its platform, which got 180 00:09:54,400 --> 00:09:57,000 a lot of people bullish. AVAC brought out a debit card, 181 00:09:57,000 --> 00:09:59,720 which maybe got people bullish. Sailor said that he was going to 182 00:09:59,720 --> 00:10:01,880 give up all his Bitcoin to civilization. 183 00:10:02,160 --> 00:10:04,440 After he dies. I don't know what that means, 184 00:10:04,800 --> 00:10:08,520 but what? Yeah, he said he was going to do 185 00:10:08,520 --> 00:10:11,640 a full Satoshi, so I don't know if that means he locks his 186 00:10:11,920 --> 00:10:15,800 private keys and but he said he has no kids, right? 187 00:10:15,800 --> 00:10:19,880 Sailor's not married, no kids. He is the ultimate Sigma. 188 00:10:19,880 --> 00:10:25,680 No, baby Rama. So I don't know, but that's what 189 00:10:25,680 --> 00:10:28,440 he said. So, so maybe we won't see that 190 00:10:29,400 --> 00:10:31,040 that Bitcoin ever hitting the market. 191 00:10:31,080 --> 00:10:33,880 I mean, he obviously has some he owns personally and then he has 192 00:10:33,880 --> 00:10:36,840 some he owns. I don't know what that means. 193 00:10:36,840 --> 00:10:38,880 But then yeah, I'll probably just throw out the Tyler here 194 00:10:38,880 --> 00:10:42,360 because it does feel as though the left curve stuff is just, 195 00:10:42,880 --> 00:10:47,440 it's just the main stuff again, like you can talk about mages, 196 00:10:47,440 --> 00:10:50,760 which is like Solana out performing Bitcoin, but it's 197 00:10:50,760 --> 00:10:52,440 really just down to all this AI it's looking. 198 00:10:52,440 --> 00:10:55,760 Good man, that's the Solana chart and everything else 199 00:10:55,760 --> 00:10:58,800 happening on it again, like the the all this AI stuff is 200 00:10:58,800 --> 00:11:02,760 happening on Solana right? So, so it's I love this comment. 201 00:11:03,080 --> 00:11:06,720 Mango has been talking shit about Solana for months now and 202 00:11:06,720 --> 00:11:10,240 then he full port Solana. I love the I love the typo 203 00:11:10,240 --> 00:11:14,880 Mango. I'm AI love the Mango typo 204 00:11:14,880 --> 00:11:16,400 though. It's so funny. 205 00:11:17,680 --> 00:11:21,480 Oh my God, love to see that. Listen, glad to have you back 206 00:11:21,760 --> 00:11:24,720 pumping our bags here. Glad to have you back here. 207 00:11:24,720 --> 00:11:26,280 It looks like you're big on the GOAT stuff. 208 00:11:26,280 --> 00:11:27,680 I mean, let's talk about GOAT for a second. 209 00:11:27,680 --> 00:11:30,600 I don't really want to. It's crazy how we were talking 210 00:11:30,600 --> 00:11:32,320 about Truth Terminal on the show like 3 months ago. 211 00:11:32,320 --> 00:11:36,920 I had like 1000 followers and it is a painful one. 212 00:11:37,320 --> 00:11:39,200 It's a painful one. I looked at the depth. 213 00:11:40,080 --> 00:11:44,160 I looked into it like 200 and fucked it up. 214 00:11:44,480 --> 00:11:45,720 So where, Where's this thing going You? 215 00:11:46,800 --> 00:11:49,040 Know, can I ask maybe like real quick, I know you got it run 216 00:11:49,800 --> 00:11:53,440 like was there a particular tipping point for GOAT that made 217 00:11:53,440 --> 00:11:56,960 you want to enter? Yeah, we've been talking about 218 00:11:56,960 --> 00:11:58,880 it for a couple weeks. So curious. 219 00:11:59,600 --> 00:12:02,960 Response. So is what is what I think we 220 00:12:02,960 --> 00:12:04,480 had a conversation about 3 days ago, right? 221 00:12:04,480 --> 00:12:07,240 Which was like, where will it, where will it top out? 222 00:12:07,360 --> 00:12:09,600 And we both said, you know, when, when the AI makes 223 00:12:09,600 --> 00:12:11,160 $1,000,000 And then it did kind of do that. 224 00:12:11,160 --> 00:12:13,440 And then it, and then it fell back down. 225 00:12:14,080 --> 00:12:18,920 And then, and then that a 16 interview that I saw yesterday, 226 00:12:19,440 --> 00:12:22,560 I was like, it's going to win the narrative battle here. 227 00:12:22,760 --> 00:12:25,120 Like, and it's going to win the narrative battle with funds. 228 00:12:25,120 --> 00:12:27,200 That's what I, that's what I kind of got from that. 229 00:12:28,720 --> 00:12:30,440 And I just kind of felt like that. 230 00:12:30,600 --> 00:12:35,680 And then I saw, I saw the top, if you type in goat, I saw you 231 00:12:35,680 --> 00:12:38,280 even saw it this morning. But like the top finance trader, 232 00:12:39,760 --> 00:12:43,000 yeah, or 4% of the go supplier as well this morning. 233 00:12:44,600 --> 00:12:47,520 And I saw that it's going to be, it's going to be the trade of 234 00:12:47,520 --> 00:12:50,000 the cycle. Basically what I thought is that 235 00:12:50,000 --> 00:12:53,200 like, and I saw I owned it very early on. 236 00:12:53,240 --> 00:12:55,200 I sold it, it went to 100 million. 237 00:12:55,200 --> 00:12:56,880 And I was like, this isn't really a true way. 238 00:12:56,880 --> 00:12:59,920 I kind of prefer to have A and then once it gets that sort of 239 00:12:59,920 --> 00:13:03,960 level where like it's won the narrative battle and like, oh, 240 00:13:03,960 --> 00:13:07,840 this is the first AI coin I think that has normally appeal. 241 00:13:08,000 --> 00:13:11,200 That's basically what I think and whether that gets challenged 242 00:13:11,200 --> 00:13:15,880 or not, I think people will can buy into that and that can like 243 00:13:15,880 --> 00:13:19,400 weirdly have crazy multiple still. 244 00:13:19,560 --> 00:13:23,640 Like I don't think this is the sort of thing. 245 00:13:24,080 --> 00:13:28,400 And maybe I'm like, I'm smelling the roses here, but like I'm not 246 00:13:28,400 --> 00:13:30,360 a huge believer in the in the original story. 247 00:13:30,360 --> 00:13:32,680 I don't think it's like the perfect story by any means, 248 00:13:32,880 --> 00:13:34,880 like, oh, somebody created a coin. 249 00:13:35,640 --> 00:13:39,800 But that story as well, like can become really big if it 250 00:13:39,800 --> 00:13:42,440 continues to get bigger. And I think the fact that A16Z 251 00:13:42,440 --> 00:13:45,520 is giving it the standard of approval and everyone knows, 252 00:13:45,560 --> 00:13:46,840 right? Andreessen, like if you know 253 00:13:46,840 --> 00:13:49,680 Andreessen, he's probably one of the biggest tech investors of 254 00:13:49,680 --> 00:13:52,960 the last two decades, probably the biggest, right? 255 00:13:55,920 --> 00:13:59,040 And if he's saying this is interesting, like a lot of 256 00:13:59,040 --> 00:14:04,480 people, I think will buy it. And so I think I think that 257 00:14:04,480 --> 00:14:07,200 narrative is a is the sort of thing that could take that to 258 00:14:07,200 --> 00:14:10,600 like 3 or 4 bill in my opinion. Like that, that could be like, 259 00:14:11,440 --> 00:14:14,880 oh, wow, like that's like a proper story. 260 00:14:16,840 --> 00:14:20,000 That's just my that was just my or at least maybe put it this 261 00:14:20,000 --> 00:14:22,560 way. I don't see it going lower after 262 00:14:22,560 --> 00:14:27,760 what he often like is that was that a buy at 500 million In my 263 00:14:27,760 --> 00:14:30,800 opinion, I was like, I don't think that's going to go down to 264 00:14:30,800 --> 00:14:34,400 300 million. I think it's more likely to be 265 00:14:34,400 --> 00:14:38,400 like, wow, what are? We thinking this is the this is 266 00:14:38,400 --> 00:14:39,840 going to be the cycles meme coin. 267 00:14:39,920 --> 00:14:42,320 Like, is this the one that's going to like, take over all the 268 00:14:42,320 --> 00:14:45,960 other memes? No, I just think that there's a 269 00:14:45,960 --> 00:14:49,120 few. I the chart just reminded me of 270 00:14:49,120 --> 00:14:52,720 Pepe so much when I looked at it and I remember like when I was 271 00:14:52,720 --> 00:14:55,920 looking at it and being like, oh, you can fade it, fade it, 272 00:14:55,920 --> 00:14:57,760 fade it, fade it. And then when it reached, 273 00:14:57,760 --> 00:14:59,840 because there were so many other Pepe coins, if you remember like 274 00:14:59,840 --> 00:15:02,800 the original thesis of Pepe, it was like, why the fuck is this 275 00:15:02,800 --> 00:15:05,240 the one right? And then it doesn't even it gets 276 00:15:05,240 --> 00:15:07,680 to a point where it doesn't actually matter and it's like, 277 00:15:08,160 --> 00:15:13,040 Oh shit. And I feel as though it's not 278 00:15:13,040 --> 00:15:17,040 quite there yet with goat. But after that interview, I was 279 00:15:17,040 --> 00:15:20,800 like, it could do that, it could do that. 280 00:15:22,480 --> 00:15:27,400 It's so, yeah. My, my, my bet on this is that 281 00:15:27,520 --> 00:15:33,960 it's got the best chance of most over the last few months to do 282 00:15:33,960 --> 00:15:36,200 something like that. Yeah. 283 00:15:36,920 --> 00:15:39,840 Yeah, that, that makes sense. I think a couple of reactions on 284 00:15:39,840 --> 00:15:42,920 my side, 1, as soon as I saw the Mark Anderson pod, a full 40 285 00:15:42,920 --> 00:15:45,720 minute pod like that, that was a big signal. 286 00:15:46,120 --> 00:15:48,040 It, it really was. I think that's harder to deny. 287 00:15:48,040 --> 00:15:51,160 I think part of the reason it's had success early on is because 288 00:15:51,160 --> 00:15:53,360 like you, like I didn't buy the story early on. 289 00:15:53,360 --> 00:15:57,000 Like I, I saw it at 2 million and I didn't buy it because it, 290 00:15:57,080 --> 00:15:59,200 it felt like this wasn't the way this was supposed to play out. 291 00:15:59,200 --> 00:16:01,120 Like the true peril didn't launch the token. 292 00:16:01,120 --> 00:16:03,640 It was launched by the random third party, so on and so forth. 293 00:16:03,960 --> 00:16:06,360 I think you need that kind of like division. 294 00:16:06,360 --> 00:16:09,200 It was not a consensus play. Like you had loud voices on the 295 00:16:09,200 --> 00:16:12,160 timeline flooding it. You know, calling it like dumb, 296 00:16:12,160 --> 00:16:15,400 like this isn't real. That kept it from being a 297 00:16:15,400 --> 00:16:17,720 consensus trade, which I think you need. 298 00:16:17,720 --> 00:16:21,200 In the early days. It had some friction. 299 00:16:21,200 --> 00:16:24,720 And now to your point, I think none of those details matter. 300 00:16:25,280 --> 00:16:27,200 I really just don't think it matters anymore. 301 00:16:27,640 --> 00:16:30,240 You have Mark Anderson calling it pretty powerful. 302 00:16:30,240 --> 00:16:34,000 He he said this is the first convergence of AI in crypto. 303 00:16:35,120 --> 00:16:37,400 That's a powerful narrative right there. 304 00:16:37,480 --> 00:16:39,920 That that's my point that, that that's the second bit of this is 305 00:16:39,920 --> 00:16:44,120 that this isn't when Pepe did this, right? 306 00:16:44,560 --> 00:16:46,520 You knew it was going to be other retail people coming in 307 00:16:46,520 --> 00:16:48,920 and buying it. My guess with this is that like 308 00:16:49,160 --> 00:16:52,800 if he is saying that and maybe crosses the acceptability 309 00:16:52,800 --> 00:16:59,120 threshold for funds. Like I think I'm pretty sure if 310 00:16:59,120 --> 00:17:01,440 you, if you're investing in, in AI and crypto, you've really 311 00:17:01,440 --> 00:17:03,800 just owned Tao and, and maybe like one of the two, the other 312 00:17:03,800 --> 00:17:06,880 like deep in style AI coins. Like, I just feel as though 313 00:17:06,880 --> 00:17:09,119 there's a shot here that, like, some of these guys go, right, 314 00:17:09,119 --> 00:17:14,560 yeah, we need to own this. Interesting, this is wild. 315 00:17:14,599 --> 00:17:16,200 Oh, we meant to full port this thing. 316 00:17:17,640 --> 00:17:19,960 Did you see that finance? Did you see that finance thing? 317 00:17:20,520 --> 00:17:23,160 Yeah, yeah. The type, the typing goat, 318 00:17:23,160 --> 00:17:24,839 you'll see it like. No, I saw it. 319 00:17:25,119 --> 00:17:27,079 I saw I have my notifications on for this guy. 320 00:17:28,200 --> 00:17:33,280 Yeah, I got, I got on a flight and I saw that and I it did just 321 00:17:33,280 --> 00:17:41,360 make me question, was it him? No, I know, I know. 322 00:17:41,960 --> 00:17:43,960 I forget his name. He's the big whiff guy. 323 00:17:43,960 --> 00:17:46,600 He has like a gig out whiff position and gold and every 324 00:17:46,600 --> 00:17:49,680 bunch of stuff. He's the guy that the horse with 325 00:17:49,680 --> 00:17:51,160 the hat. He's a big. 326 00:17:53,080 --> 00:17:56,920 He was like a huge whiff guy. Remember? 327 00:17:57,880 --> 00:18:03,360 Yeah, Nachi, this guy, he's still got the he's the he's big 328 00:18:03,360 --> 00:18:05,640 and go like that's it. He's big and whiff narrow soul 329 00:18:05,640 --> 00:18:07,480 and go like that's his, that's his tokens. 330 00:18:07,480 --> 00:18:09,840 Wow. Go down to what he wrote. 331 00:18:09,920 --> 00:18:11,840 He made like 20 mil on me for some shit. 332 00:18:12,960 --> 00:18:15,160 Maybe I thought about this too much on the on the fly over 333 00:18:15,160 --> 00:18:17,320 here. All right, he made $64 million. 334 00:18:17,960 --> 00:18:19,640 Right. I thought it was just a bit too 335 00:18:19,640 --> 00:18:22,960 much on the fly over here, but I was like, you know what this may 336 00:18:22,960 --> 00:18:25,480 be like? It's actually because I think as 337 00:18:25,480 --> 00:18:27,840 it goes higher, like I can even see it in the chat that we're in 338 00:18:27,840 --> 00:18:29,800 Tyler. Like we're in shared chat. 339 00:18:29,920 --> 00:18:32,280 People are going like, oh, I saw this solo and I faded it. 340 00:18:32,680 --> 00:18:35,760 And like, it's got that sort of. It reminds me so much of when 341 00:18:35,760 --> 00:18:39,440 Pepe did that, Yeah. And it was like 100% same thing. 342 00:18:41,120 --> 00:18:47,200 So and no one wants to buy it at this level, which means that it 343 00:18:47,280 --> 00:18:50,000 it probably goes higher because no one wants to buy it like, oh, 344 00:18:50,000 --> 00:18:52,280 it's going to go to 500 million. Oh, it's going to 600. 345 00:18:52,280 --> 00:18:55,920 Oh, it's and it just has that like, how have I missed this 346 00:18:56,160 --> 00:19:01,680 when I'm in crypto everyday, like like bit about it, like 347 00:19:01,680 --> 00:19:03,240 which I think people felt about with Pepe. 348 00:19:03,240 --> 00:19:05,040 There was a lot of people who played like the Pepe beaters 349 00:19:05,040 --> 00:19:07,680 afterwards or like tried to. That's even like how a bunch of 350 00:19:07,680 --> 00:19:09,200 the coins even this cycle have become big. 351 00:19:09,200 --> 00:19:14,760 But I don't know, that was just my God, I'm I'm maybe I'm 352 00:19:14,760 --> 00:19:16,600 overthinking it. The call was the same. 353 00:19:16,600 --> 00:19:19,520 Maybe I'm under thinking it like part of me just thinks that like 354 00:19:19,680 --> 00:19:23,640 this is the sort of narrative that that that people will that 355 00:19:24,880 --> 00:19:27,360 I now think it's it's just won the narrative battle. 356 00:19:27,360 --> 00:19:28,520 So. Yeah. 357 00:19:29,120 --> 00:19:32,000 I, I think the other part of it is they're so this AI meta is 358 00:19:32,000 --> 00:19:36,080 exploding so quickly and like there are tons of beta plays. 359 00:19:36,080 --> 00:19:37,480 Some of them are doing very well. 360 00:19:37,840 --> 00:19:40,640 A lot of them are like they're, they're soaring on huge volume 361 00:19:40,640 --> 00:19:44,200 fast and then they're dipping For me personally, like I got 362 00:19:44,200 --> 00:19:47,240 burned like I, I lost like 15 trades in a row where all I 363 00:19:47,240 --> 00:19:50,200 should have done was just been buying coat, right. 364 00:19:50,200 --> 00:19:52,320 So I think there's going to be people who have this realization 365 00:19:52,320 --> 00:19:55,440 just like bet on the winter And I, Amanda, you tweeted this this 366 00:19:55,440 --> 00:19:58,480 morning. It's not a new great thanks for 367 00:19:58,480 --> 00:20:02,720 sharing your thoughts. It's not a new thought, but it's 368 00:20:02,720 --> 00:20:05,200 just one that it's it's easy to get caught up playing all these 369 00:20:05,200 --> 00:20:07,440 betas. Or you could just bet on the 370 00:20:07,440 --> 00:20:10,560 winner beta. Trades are are you have to time 371 00:20:10,560 --> 00:20:12,440 them. That's generally what it is. 372 00:20:13,560 --> 00:20:15,040 But yeah, this feels like the A1. 373 00:20:15,440 --> 00:20:18,200 I got to go, guys, but yeah, I'll speak to you guys. 374 00:20:18,200 --> 00:20:18,600 Tomorrow. Yeah. 375 00:20:21,720 --> 00:20:22,440 All right. Well. 376 00:20:22,840 --> 00:20:25,000 Are you ready to pull port goat or what? 377 00:20:25,680 --> 00:20:29,000 I I wouldn't full port it but like this type of coin I'd throw 378 00:20:29,000 --> 00:20:32,960 $1,000,000 at. Not yet, though. 379 00:20:33,680 --> 00:20:35,800 Casually, here's a casual million in the GOAT. 380 00:20:36,440 --> 00:20:38,600 Well, I think we can move on, but like, we're just talking 381 00:20:38,600 --> 00:20:40,080 about betas. I don't know if this is a beta 382 00:20:40,080 --> 00:20:42,400 or not, but the the biggest mover on Salon of the Day was 383 00:20:42,400 --> 00:20:44,480 another idea, another AI token. It wasn't me. 384 00:20:44,480 --> 00:20:46,960 We're going to talk about that. I think have to, I mean 100 385 00:20:46,960 --> 00:20:48,400 million in volume on one day is that. 386 00:20:48,640 --> 00:20:50,040 The one, is that what you're going to mention? 387 00:20:50,040 --> 00:20:53,600 Yeah. Flavia, I tweeted that a lot of 388 00:20:53,600 --> 00:20:56,360 times. A friend of mine said 10 million 389 00:20:56,360 --> 00:20:59,240 and I was like yeah it's already gone up like 30,000% what the 390 00:20:59,240 --> 00:21:01,720 fuck would I buy a beta of 20,000 right? 391 00:21:02,320 --> 00:21:04,960 You know, you see the same. I'm in the exact same situation, 392 00:21:05,120 --> 00:21:06,960 a good friend sending a 10 million. 393 00:21:07,320 --> 00:21:09,240 I've been burning on so many of these. 394 00:21:09,360 --> 00:21:11,560 I'm like, I'm just going to sit on my hands. 395 00:21:11,560 --> 00:21:13,840 And then I actually did capitulate it in. 396 00:21:13,840 --> 00:21:17,480 So disclosure, I bought this around 35,000,000 last night. 397 00:21:17,480 --> 00:21:20,280 I got out of bed to come back and buy this because I, I had 398 00:21:20,280 --> 00:21:22,720 some FOMO. The story is a little bit more 399 00:21:22,720 --> 00:21:25,000 interesting. This isn't just some random like 400 00:21:25,240 --> 00:21:29,360 AI meme generator. So this is from a real person. 401 00:21:29,360 --> 00:21:31,120 Let me try to pull up the, the details here. 402 00:21:31,120 --> 00:21:35,440 I told a little bit of the story on Twitter this morning, but 403 00:21:35,440 --> 00:21:38,120 it's from this person, Trevor Mcfederes. 404 00:21:38,520 --> 00:21:42,280 He has, he has a history of, of creating virtual AI influencers. 405 00:21:42,280 --> 00:21:45,720 So he's the creator of little Michaela, who apparently has 406 00:21:45,720 --> 00:21:48,880 amassed two and a half million followers on Instagram and he's 407 00:21:48,880 --> 00:21:52,880 partnered with Anthropic AI to help build out Flavia, which is 408 00:21:52,880 --> 00:21:56,440 an AI agent. And apparently she is it is 409 00:21:56,440 --> 00:22:00,200 running the the Flavia coin. So it verified the decks. 410 00:22:00,440 --> 00:22:02,520 I believe it's got access to the telegram. 411 00:22:02,520 --> 00:22:04,880 So Trevor's going to let this thing run with it. 412 00:22:04,880 --> 00:22:06,240 And apparently he's got some other plans. 413 00:22:06,240 --> 00:22:11,560 So, so that's the story there. I mean, my God, it's a massive 414 00:22:11,560 --> 00:22:15,640 runner. It's up 100,000% in today, so 415 00:22:16,680 --> 00:22:22,120 it's tough to to enter here, but it's an interesting story from a 416 00:22:22,120 --> 00:22:25,080 real person and not just some kind of, you know, manufactured 417 00:22:25,080 --> 00:22:27,640 story out of, you know, the random AI cabal of the day. 418 00:22:28,280 --> 00:22:29,960 So this one might have some legs. 419 00:22:31,200 --> 00:22:33,880 Yeah, it's a, it's a there's a lot. 420 00:22:33,880 --> 00:22:37,560 This is it's a lot, dude. I I think I would just buy goat. 421 00:22:38,200 --> 00:22:40,200 Well, here's the thing, Mando like he threw it to me for the 422 00:22:40,200 --> 00:22:44,120 left curve part of the show, which which I love that the AI 423 00:22:44,120 --> 00:22:47,040 meta is not left curve. Man, this, like this is a yeah. 424 00:22:47,080 --> 00:22:48,720 Meta is not left curve at all this. 425 00:22:48,720 --> 00:22:52,200 Is a harder meta to play. I mean this is like a right 426 00:22:52,200 --> 00:22:55,760 curve. Yes, or you just go left curve 427 00:22:55,760 --> 00:22:58,440 and throw it at the winner. That's left curve, right curve 428 00:22:58,800 --> 00:23:02,640 play there. But it's, I mean you can't deny 429 00:23:02,640 --> 00:23:05,280 the volume and now we're seeing it reflected in Solana price 430 00:23:05,280 --> 00:23:06,600 action. And I think we was coming back 431 00:23:06,600 --> 00:23:09,600 to this. It is notable that these AI 432 00:23:09,600 --> 00:23:12,720 agents are launching on Solana when they could have picked any 433 00:23:12,720 --> 00:23:14,920 of the blockchains that's. What I was saying like I think 434 00:23:14,920 --> 00:23:16,960 this is one of the most bullish things for Seoul, right? 435 00:23:17,320 --> 00:23:19,600 Like those numbers we saw like the record-breaking numbers 436 00:23:19,600 --> 00:23:21,760 again on Solana probably because of GOAT, right? 437 00:23:22,120 --> 00:23:26,440 Like Pepe was like Pepe was like driving a ton of traffic back to 438 00:23:26,440 --> 00:23:29,040 Theorem right When they first launched to compare it to that, 439 00:23:29,960 --> 00:23:31,440 it was insane. Like you to the point where even 440 00:23:31,440 --> 00:23:33,560 it was impacting gas fuse all over again, which is awesome. 441 00:23:34,520 --> 00:23:38,720 But but now it's like Go is doing that on Solana with was 442 00:23:38,720 --> 00:23:41,400 doing that with Solana. If you remember in Q4 last year, 443 00:23:41,640 --> 00:23:45,640 same time, same time, they were November, December last year 444 00:23:46,200 --> 00:23:49,480 when Solana was really went from like $60.00 all the way to like 445 00:23:49,680 --> 00:23:51,240 100 something. I think it's 2X over a couple 446 00:23:51,240 --> 00:23:54,960 months, maybe more. I remember taking the trade end 447 00:23:54,960 --> 00:23:57,080 of November at 60 full porting sole. 448 00:23:57,080 --> 00:24:00,560 So it was a little less than that before it was in the 40s. 449 00:24:00,560 --> 00:24:03,840 I think it was 38 actually, I think I remember that. 450 00:24:04,800 --> 00:24:06,960 And now you're seeing something similar happening all over 451 00:24:06,960 --> 00:24:09,280 again. And I have a feeling we're going 452 00:24:09,280 --> 00:24:14,040 to see the same place Q4 last year where Solana again probably 453 00:24:14,040 --> 00:24:17,280 smashes through highs, which the highs are like in the two 454 00:24:17,280 --> 00:24:22,400 hundreds to 10 by like let's say end of year beginning next year. 455 00:24:22,520 --> 00:24:25,920 And you probably see a token just like with take off to a 456 00:24:25,920 --> 00:24:29,600 couple billion dollars and with itself, right, like even that 457 00:24:29,640 --> 00:24:33,120 that guy, I I I took a good like I took a gun, like I went back 458 00:24:33,120 --> 00:24:37,200 into a pretty large size width position for the reason that 459 00:24:37,200 --> 00:24:39,120 like even those guys are talking about this. 460 00:24:39,120 --> 00:24:41,560 Like for example, a Nachi guy, right, that Mando keeps talking 461 00:24:41,560 --> 00:24:43,320 about. We got to get 4% of the gold 462 00:24:43,320 --> 00:24:45,000 supply. What does he post? 463 00:24:45,520 --> 00:24:50,000 He posts a goat with the hat. Like, you know, so it's like 464 00:24:50,440 --> 00:24:52,680 that's his literally that's the guy like that man that was 465 00:24:52,680 --> 00:24:54,760 talking about right. So like I do think that like the 466 00:24:55,120 --> 00:24:56,800 like I was saying a friend of mine yesterday, I was like 467 00:24:57,520 --> 00:24:59,640 buying these meme coins and everything trying to rotate into 468 00:24:59,640 --> 00:25:03,080 me was like just like buy the sure plays on these chains, 469 00:25:03,080 --> 00:25:04,480 right? Like for me, like the etherium 470 00:25:04,480 --> 00:25:07,240 sure plays or Pepe Mog. And for me, like the Solana sure 471 00:25:07,240 --> 00:25:09,000 plays a popcat with or no popcat. 472 00:25:09,000 --> 00:25:11,840 But two things. It's a sure play there aside 473 00:25:11,840 --> 00:25:15,800 from the Murad memes, which I think will come back once once 474 00:25:15,800 --> 00:25:17,560 that plays out. I mean, what do you think? 475 00:25:17,560 --> 00:25:19,280 What do you think? Obviously go to see a lot of 476 00:25:19,280 --> 00:25:23,280 heat away from the Murad memes, but you think that like it's 477 00:25:23,280 --> 00:25:25,680 always like this, right? Rotation to new meta. 478 00:25:26,440 --> 00:25:30,520 Everyone's going to buy goat or flavor of the week GOAT, meaning 479 00:25:30,520 --> 00:25:33,120 like the shitty goat, then goat's going to go to billions, 480 00:25:33,160 --> 00:25:36,040 all the other ones going to go to 0, and then you probably 481 00:25:36,360 --> 00:25:39,400 flows back into like the Marad memes, right? 482 00:25:39,400 --> 00:25:41,000 Like what do you think? Where do you think we're at with 483 00:25:41,000 --> 00:25:42,480 these? Yeah, I think so. 484 00:25:42,520 --> 00:25:44,960 I mean, quickly on on whip, everyone wanted to victory lap 485 00:25:45,440 --> 00:25:49,040 the hat falling off, right? I think Ledger most famously 486 00:25:49,040 --> 00:25:52,360 Kobe's old Co host. Yeah, but I don't think it's 487 00:25:52,360 --> 00:25:54,320 going anywhere. It's it's still my biggest meme 488 00:25:54,320 --> 00:25:56,880 coin position. I, I actually took a fucking fat 489 00:25:56,880 --> 00:25:59,880 position in it. So I'm just closing here with 490 00:25:59,880 --> 00:26:01,720 you. Like also like so like I can 491 00:26:01,720 --> 00:26:05,080 move a $2.4 billion thing with 20 minute liquidity. 492 00:26:05,080 --> 00:26:06,840 But I agree with you. And actually one of the reasons 493 00:26:06,840 --> 00:26:10,440 is you, you keep mentioning it and I don't think you're wrong. 494 00:26:11,080 --> 00:26:15,440 When Popcap performs well, WIF tends to perform well. 495 00:26:15,440 --> 00:26:18,960 And one thing I've noticed with WIF Tyler is that it moves with 496 00:26:18,960 --> 00:26:24,800 Pepe and it only moves when Solana stops aggressively 497 00:26:24,800 --> 00:26:27,480 moving. So during this last Solana 498 00:26:27,480 --> 00:26:30,760 aggressive shark move up to 170, which is still there. 499 00:26:30,760 --> 00:26:33,560 It's a 170 right now, 168. What's 69? 500 00:26:33,560 --> 00:26:35,880 WIF has gone down $0.30, which you're like, what the fuck 501 00:26:35,880 --> 00:26:40,360 'cause it was 276, right? And Pepe was also having 502 00:26:40,360 --> 00:26:42,240 aggressive move. They both move the same. 503 00:26:42,560 --> 00:26:47,760 It's crazy to watch Pepe and with just are following the 504 00:26:47,760 --> 00:26:51,480 exact same pattern. So I do think that all like it. 505 00:26:51,480 --> 00:26:53,960 Yeah, pop cast says pop and look, I've never I had pop like 506 00:26:53,960 --> 00:26:56,640 100 mil like I don't have it yet, but I fucking love it like 507 00:26:56,640 --> 00:26:58,760 I I think it is the cat. Like I agree with mirage, like 508 00:26:58,760 --> 00:27:03,680 the cat meme, whatever. I don't know, man, I I think 509 00:27:03,680 --> 00:27:05,240 this is not the time to like sell. 510 00:27:05,240 --> 00:27:07,240 I actually really like what K Money said yesterday. 511 00:27:08,360 --> 00:27:10,320 Let me read you a quote. I don't know if you saw me post 512 00:27:10,320 --> 00:27:11,760 it. I missed this one. 513 00:27:12,600 --> 00:27:15,920 K money's quote what don't throw good money and bad money. 514 00:27:16,360 --> 00:27:19,040 I think it's important to tell people this and that goat is 515 00:27:19,040 --> 00:27:20,400 good money in my opinion right now here. 516 00:27:20,880 --> 00:27:24,880 But what I mean by that is if you miss goat present miss goat 517 00:27:24,880 --> 00:27:27,440 don't have any goat. Let's say I want to buy goat 518 00:27:27,440 --> 00:27:29,880 right now. Sure, maybe it goes up, but this 519 00:27:29,880 --> 00:27:32,160 is not where you buy the third beta to goat. 520 00:27:32,160 --> 00:27:34,600 This is not where you sell your oh whiff is down your Pepe, your 521 00:27:34,600 --> 00:27:39,040 mug, your retardio lock in SPX giga. 522 00:27:39,200 --> 00:27:41,360 I only have two of the 10 Mirad moments or three. 523 00:27:41,360 --> 00:27:43,840 So let's say all the Mirad means somewhere you let's say those 524 00:27:43,840 --> 00:27:45,640 are down. That's up a million percent 525 00:27:45,720 --> 00:27:47,240 somewhere. You saw that to move into that 526 00:27:47,240 --> 00:27:49,320 because once it rotates back it can be fucked, right? 527 00:27:50,000 --> 00:27:53,920 Yeah, I mean, I personally I, I probably donked off 30% of my 528 00:27:53,920 --> 00:27:57,160 with bag over the last year, just like chasing new metas and 529 00:27:57,160 --> 00:27:59,440 for the most part they were losing plays and I lost a. 530 00:27:59,440 --> 00:28:01,480 Couple I lost a few $100,000 from that this summer. 531 00:28:01,480 --> 00:28:03,120 What it? Is it's like throwing good money 532 00:28:03,400 --> 00:28:05,960 something out here just held versus chasing new things And 533 00:28:05,960 --> 00:28:08,160 like, yeah, you you it's tough when you show up every day and 534 00:28:08,160 --> 00:28:12,240 you see the G nods running 100 X in a day, like man, I want 535 00:28:12,320 --> 00:28:14,320 that's the next one. But those are very hard to 536 00:28:14,320 --> 00:28:16,000 catch. I've been I haven't been looking 537 00:28:16,000 --> 00:28:18,120 at on purpose because of that, because I made some big bets 538 00:28:18,120 --> 00:28:21,120 over the weekend slash Monday, like I really made I I re moved 539 00:28:21,120 --> 00:28:26,240 around my basket of coins now a little bit more and and I was 540 00:28:26,240 --> 00:28:28,440 like and now obviously we're seeing some downtrend like 541 00:28:28,440 --> 00:28:30,280 towards the coins I bought. So they're all down right, a 542 00:28:30,280 --> 00:28:33,440 little bit, not crazy, like little down right, like those 543 00:28:33,440 --> 00:28:35,480 coins. It's like mostly like with Pepe 544 00:28:35,480 --> 00:28:36,960 more, I actually bought more mug. 545 00:28:37,640 --> 00:28:42,080 Like I didn't have enough. Nothing crazy, but it's like I 546 00:28:42,080 --> 00:28:43,840 just really like it because I was like, I I played the 547 00:28:43,840 --> 00:28:45,200 breakout, right? So I was like, fuck, it's going 548 00:28:45,200 --> 00:28:46,760 to break out. Because I do think at some point 549 00:28:46,760 --> 00:28:48,560 mug's going to 2X and we're going to be like, what the fuck? 550 00:28:48,560 --> 00:28:49,800 I missed it. Genuinely. 551 00:28:49,800 --> 00:28:51,480 That's how and you know, because that's how I talk about in the 552 00:28:51,480 --> 00:28:55,480 back end, right? And so and so, you know, OK, 553 00:28:55,480 --> 00:28:57,160 it's all down. You know, we have my brain let's 554 00:28:57,160 --> 00:29:00,760 down, you know, my mug's down, my lock in my tardio's down this 555 00:29:00,760 --> 00:29:02,800 and that. But I'm like, that's cool. 556 00:29:03,560 --> 00:29:06,040 My wiff is down. But it's like, OK, but like, I 557 00:29:06,040 --> 00:29:09,200 do think that over the next 10 days going to be up. 558 00:29:09,200 --> 00:29:10,880 So I just don't look at the price action after I'm off the 559 00:29:10,880 --> 00:29:13,360 show. Just leave it up, you know? 560 00:29:14,320 --> 00:29:17,120 Yeah, you know, it's easy to FOMO in and out of things. 561 00:29:17,120 --> 00:29:20,720 I do want to go back to to this to the news though, and and talk 562 00:29:20,720 --> 00:29:24,160 to you about some major stuff. I want to bring up this tweet by 563 00:29:24,160 --> 00:29:27,040 Hunter Horsley, which is fucking massive back. 564 00:29:27,040 --> 00:29:29,440 And I'm still on the topic of billionaires pumping our bags. 565 00:29:30,880 --> 00:29:32,800 Hunter RC is the CEO of Bitwise, right? 566 00:29:32,800 --> 00:29:35,360 One of the biggest ETFs in the in the industry, one of the 567 00:29:35,360 --> 00:29:37,640 biggest gobblers of Bitcoin in Ethereum. 568 00:29:38,440 --> 00:29:41,080 You know, he said this is massive. 569 00:29:41,120 --> 00:29:44,520 This is actually not the post I want to go to, but this is this 570 00:29:44,520 --> 00:29:47,640 is it. So Paul Tudor Jones owning 571 00:29:47,640 --> 00:29:49,800 Bitcoin is a big deal. I would like for you to go with 572 00:29:49,840 --> 00:29:52,080 into like who Paul Tudor Jones is and stuff like that. 573 00:29:52,080 --> 00:29:56,640 But he says 2024 Paul Tudor Jones owns Bitcoin. 574 00:29:56,800 --> 00:29:58,840 You're not smarter than Paul Tudor Jones. 575 00:29:59,320 --> 00:30:01,560 Time to ditch the I just don't understand it. 576 00:30:01,560 --> 00:30:04,560 Cop out and catch up. So let's let's play this little 577 00:30:04,560 --> 00:30:07,280 clip here. Are you off buying gold and 578 00:30:07,280 --> 00:30:11,000 Bitcoin and and I? Think all I think all roads lead 579 00:30:11,000 --> 00:30:14,120 to inflation. We're going to end up if you so. 580 00:30:14,440 --> 00:30:15,680 But does all roads lead to inflation? 581 00:30:15,680 --> 00:30:17,040 Therefore gold is a good investment. 582 00:30:17,040 --> 00:30:18,240 Is Bitcoin a good investment to you? 583 00:30:18,520 --> 00:30:20,560 I I I'm long gold, I'm long Bitcoin. 584 00:30:20,560 --> 00:30:23,560 I think commodities are so ridiculously under owned. 585 00:30:23,560 --> 00:30:27,240 So I'm long commodities, I think most young people find their 586 00:30:27,240 --> 00:30:30,560 inflation hedges via the NASDAQ. That's also been great. 587 00:30:30,880 --> 00:30:34,920 Probably some combination. I'd probably have some basket of 588 00:30:34,920 --> 00:30:37,760 gold, Bitcoin, commodities and NASDAQ, something like that. 589 00:30:37,760 --> 00:30:39,560 And I don't know, zero fixed income. 590 00:30:39,960 --> 00:30:42,520 If I had my cash, it'd be very short term. 591 00:30:42,560 --> 00:30:45,360 The playbook to get out of this, you see it in Japan right now, 592 00:30:45,600 --> 00:30:49,320 they have 2% inflation, 3030 basis points overnight. 593 00:30:49,320 --> 00:30:52,240 They don't want to raise rates. The playbook to get out of this. 594 00:30:52,880 --> 00:30:55,200 Is that you? Inflate your way out. 595 00:30:55,680 --> 00:30:56,800 Given all the things you're saying. 596 00:30:56,880 --> 00:30:58,720 So this man is only worth $8 billion? 597 00:31:01,480 --> 00:31:05,760 Honestly, the, the, the signals could not be any clearer right 598 00:31:05,760 --> 00:31:08,360 now. And I don't know what folks who 599 00:31:08,360 --> 00:31:11,680 are on the sidelines, who who don't believe, who are looking 600 00:31:11,680 --> 00:31:13,920 to invest like what else they need to see. 601 00:31:14,360 --> 00:31:18,440 Like we have BlackRock going on their their sales tour across 602 00:31:18,440 --> 00:31:22,280 the country talking about 3. $132 million yesterday, Tyler 603 00:31:22,560 --> 00:31:24,600 for BlackRock. The buying power of the US 604 00:31:24,600 --> 00:31:25,480 dollar. They've got the charts. 605 00:31:25,480 --> 00:31:28,600 They put the charts up. They show you how the buying 606 00:31:28,600 --> 00:31:31,200 power of the dollar is decreased and effectively how the buying 607 00:31:31,200 --> 00:31:34,120 power of Bitcoin has increased. Then we have Paul Tudor Jones 608 00:31:34,120 --> 00:31:37,000 going on MSNBC and just casually dropping it. 609 00:31:37,000 --> 00:31:42,240 Like it wasn't even like some big like this on the table, like 610 00:31:42,240 --> 00:31:43,760 I'm buying Bitcoin. It was just casual, like I'm 611 00:31:43,760 --> 00:31:46,400 buying gold, Bitcoin and commodities. 612 00:31:46,400 --> 00:31:51,560 Like, like it's become a common investment for him and for 613 00:31:51,560 --> 00:31:53,200 others. And for some reason it's not 614 00:31:53,200 --> 00:31:56,280 there yet. And he mentions the younger 615 00:31:56,280 --> 00:31:58,920 generation and wanting to buy like NASDAQ and buy stocks. 616 00:31:58,920 --> 00:32:01,160 And, and certainly I see that, but like, are you going to buy 617 00:32:01,160 --> 00:32:04,960 the index and maybe get 20% returns versus Bitcoin? 618 00:32:04,960 --> 00:32:07,800 We've seen what, what Bitcoin can do in bull cycles, right? 619 00:32:08,080 --> 00:32:10,280 And, and blow those returns out of the water. 620 00:32:10,840 --> 00:32:12,800 And then like the other alternative is gold. 621 00:32:12,840 --> 00:32:14,840 And I really feel like it when you're talking about those under 622 00:32:14,840 --> 00:32:17,160 40 are, are you going to buy gold or are you going to buy 623 00:32:17,160 --> 00:32:19,520 digital gold? I, I feel like the sales pitch 624 00:32:19,520 --> 00:32:24,720 is so obvious and it really does feel like this 2024 has been a 625 00:32:24,720 --> 00:32:28,120 major shift and like maybe we haven't quite seen it in the 626 00:32:28,120 --> 00:32:30,720 price action yet, but I do believe it, it's coming. 627 00:32:31,760 --> 00:32:35,000 Yeah, it's, it's, I agree. I mean, at this stage, it's 628 00:32:35,000 --> 00:32:37,640 like, what else do you need? I think it's kind of an 629 00:32:37,640 --> 00:32:40,760 autopilot right when it comes to Bitcoin in the crypto industry 630 00:32:40,840 --> 00:32:45,520 being talked about outside on top of it just literally being a 631 00:32:45,520 --> 00:32:48,400 political thing at this stage, 13 days away from the elections. 632 00:32:49,080 --> 00:32:53,320 You have Paul Tudor Jones who's taking off Google, but you know, 633 00:32:53,320 --> 00:32:55,120 he's run a hedge fund for 40 years now. 634 00:32:55,160 --> 00:32:58,200 So 4 decades of hedge fund management, very successful, 635 00:32:58,200 --> 00:33:00,480 worth $8 billion. And so it's happening. 636 00:33:00,480 --> 00:33:03,040 You have P Marc Andreess and Ben Horowitz talking about GOAT 637 00:33:03,040 --> 00:33:08,200 token fucking 40 minutes or an hour yesterday on on their 638 00:33:08,200 --> 00:33:11,960 podcast. It's it's it's it's really it's 639 00:33:11,960 --> 00:33:15,840 really it's really it's insane. And by the way, dude, I know 640 00:33:15,840 --> 00:33:20,880 people want 62 K brother. It's not looking like it's, I 641 00:33:20,920 --> 00:33:26,120 don't know, Tyler, look at this. It's a bucket. 68K67K already, 642 00:33:26,120 --> 00:33:28,960 you know what I mean? I mean, I don't want to get 643 00:33:28,960 --> 00:33:30,200 there, no. No, I know, I know. 644 00:33:30,200 --> 00:33:33,640 I'm just saying like it's consensus was that it's like 645 00:33:34,160 --> 00:33:36,480 everyone keeps calling for it. I don't know, maybe we retest 646 00:33:36,480 --> 00:33:38,280 one more time and go. I don't know what it is, but 647 00:33:38,280 --> 00:33:40,120 we're looking good, dude. I mean, look at these charts. 648 00:33:40,760 --> 00:33:44,680 Don't look at this one it. Was say what Paul Tudor Jones 649 00:33:44,680 --> 00:33:49,560 did not mention was Ethereum. Man, what can we talk? 650 00:33:49,560 --> 00:33:51,160 Let's bring up this tweet I talked about yesterday. 651 00:33:51,160 --> 00:33:52,440 I wanted to bring up the show, I think. 652 00:33:52,440 --> 00:33:56,000 We have to. It was Dave Davis based Carbon 653 00:33:56,080 --> 00:33:58,360 does I'm actually curious what people think. 654 00:33:59,640 --> 00:34:05,680 Is the theorems on their performance based on its lack of 655 00:34:05,760 --> 00:34:09,440 marketing or is it based on people not caring about the 656 00:34:09,440 --> 00:34:11,520 asset? Because on one hand you have 657 00:34:11,840 --> 00:34:18,320 Bitcoin gold store value, right? Nothing's going to ever take 658 00:34:18,840 --> 00:34:22,199 that away from Bitcoin. Is Bitcoin and gold literally 659 00:34:22,280 --> 00:34:24,880 right? Like silver will never take over 660 00:34:24,880 --> 00:34:25,639 gold. You know what I mean? 661 00:34:25,880 --> 00:34:30,840 In the in the real world right now, you have Solana, right? 662 00:34:31,480 --> 00:34:34,560 And we just read those stats. It's almost becoming the 663 00:34:34,560 --> 00:34:35,679 ultrasound money narrative, right? 664 00:34:35,679 --> 00:34:37,320 Yes, Solana's being printed all the time. 665 00:34:37,320 --> 00:34:38,560 I get it. It's inflationary. 666 00:34:38,560 --> 00:34:40,440 We've already hit the all time high in terms of market. 667 00:34:40,679 --> 00:34:42,280 I know all those things about Solana. 668 00:34:42,280 --> 00:34:44,320 I get it. OK, Obviously research where I 669 00:34:44,320 --> 00:34:45,560 put almost all my net worth in, right. 670 00:34:45,560 --> 00:34:48,159 I'm not an idiot. I'm not an idiot, but it's 671 00:34:48,159 --> 00:34:50,960 burning a futon. We say pump phone is extracting, 672 00:34:51,120 --> 00:34:54,280 pump phone is locking up money. We say Solana's inflating. 673 00:34:54,639 --> 00:34:56,880 Solana's also burning like the burns are all time high. 674 00:34:56,880 --> 00:34:58,680 Shout to block works for those, for those things, right? 675 00:34:58,680 --> 00:35:00,040 For those things that they're posting. 676 00:35:00,040 --> 00:35:04,280 But it's like, so let's say Solana's taken away from that, 677 00:35:04,760 --> 00:35:08,320 that theorem narrative. What does the theorem say? 678 00:35:10,160 --> 00:35:12,080 That's the problem. I don't know what the clear 679 00:35:12,080 --> 00:35:13,840 pitch is right now. Personally, I don't know why 680 00:35:13,840 --> 00:35:16,200 anyone would hold Ethereum. You hold the theorem, you hold 681 00:35:16,200 --> 00:35:19,200 the meme coins. My theorem right? 682 00:35:19,480 --> 00:35:23,080 Yeah, like if you want Ethereum access, go by Pepe or MOG or 683 00:35:23,080 --> 00:35:26,120 SPX. I, I don't understand holding 684 00:35:26,200 --> 00:35:28,520 Ethereum here. I don't understand what the 685 00:35:28,520 --> 00:35:30,760 pitch is exactly. I think a part of what happened 686 00:35:30,760 --> 00:35:34,200 is, you know, you have the first cycle where, you know, you run 687 00:35:34,200 --> 00:35:37,920 to these crazy numbers on, you know, future evaluations, all 688 00:35:37,920 --> 00:35:39,120 the future potential of the blockchain. 689 00:35:39,120 --> 00:35:42,360 Well, now we're three years later, I feel like a lot of 690 00:35:42,360 --> 00:35:44,960 what's happening on ETH and being built is also being built 691 00:35:44,960 --> 00:35:48,440 on Solana at, at 1/5 the valuation. 692 00:35:49,080 --> 00:35:53,200 And I think the reality is ETH was greatly overvalued for, for 693 00:35:53,200 --> 00:35:58,040 what it it was able to do. And now we're seeing the price 694 00:35:58,040 --> 00:36:00,600 correction. You know, I'm not sure. 695 00:36:00,600 --> 00:36:02,680 Like I feel like there's also just this thought anchored in 696 00:36:02,680 --> 00:36:05,520 all our minds that O ETH is going to run with Bitcoin this 697 00:36:05,520 --> 00:36:08,240 cycle. Like is it like why? 698 00:36:08,240 --> 00:36:12,600 Like why does it have to run it in some certain ratio with 699 00:36:12,600 --> 00:36:15,200 Bitcoin when you have the next man up and it's clear that 700 00:36:15,200 --> 00:36:17,280 Solana is the next man up for this cycle. 701 00:36:17,560 --> 00:36:19,720 I think Solana's probably going to face the same thing with the 702 00:36:19,720 --> 00:36:24,160 next man up next cycle, whether that's Sui or or monad or 703 00:36:24,160 --> 00:36:26,640 whatever, perhaps the next winner is defined as. 704 00:36:26,640 --> 00:36:28,800 So I think it's something we all need to be aware of and that's 705 00:36:28,800 --> 00:36:31,920 what all the other L ones will face and issue the all face 706 00:36:32,360 --> 00:36:36,760 other than Bitcoin because the Bitcoin narrative is solved at 707 00:36:36,760 --> 00:36:40,000 this point. But I, I don't know what the ETH 708 00:36:40,000 --> 00:36:43,280 narrative is right now and it's changed so much and I think 709 00:36:43,400 --> 00:36:45,880 folks struggle with it. I think Blackhawks struggling to 710 00:36:45,880 --> 00:36:48,920 sell it themselves. I mean, everyone's like, you 711 00:36:48,920 --> 00:36:51,760 know, these are like ETH maximalists saying this. 712 00:36:52,040 --> 00:36:54,200 It's not like you and I like, yeah, we're not maxed of 713 00:36:54,200 --> 00:36:55,640 anything. We actually hold everything. 714 00:36:55,640 --> 00:36:57,120 I have. We, I know you and I have bad 715 00:36:57,120 --> 00:36:58,640 assets on Bitcoin, ETH and so on, right? 716 00:36:58,640 --> 00:37:02,520 It's like with his memes, NFTS, fucking coins like that. 717 00:37:02,680 --> 00:37:07,120 But you know, Tsai is saying Etha's lagging. 718 00:37:07,200 --> 00:37:10,200 I mean, he really has Dottie and the ultrasound money emojis in 719 00:37:10,200 --> 00:37:11,120 his name. OK y'all? 720 00:37:11,120 --> 00:37:12,720 So this is coming from one of them. 721 00:37:14,600 --> 00:37:19,800 So, so he said, you know, Etha's lagging because of things like 722 00:37:20,280 --> 00:37:23,280 polling Market is the biggest app in America right now, yet 723 00:37:23,320 --> 00:37:25,400 absolutely no one knows that it's built on a theorem. 724 00:37:25,640 --> 00:37:27,480 Market needs to be addressed. He's right. 725 00:37:28,320 --> 00:37:32,560 Market is this apps breakout app, this cycles breakout app 726 00:37:32,920 --> 00:37:37,960 literally right it's on Ethereum right, No, you could are you 727 00:37:37,960 --> 00:37:39,440 Polygon? What you know what I mean like 728 00:37:39,800 --> 00:37:43,920 and then he goes respectfully. This is nothing to do with if 729 00:37:43,920 --> 00:37:48,000 you need ETH to use it, if it's built on L1 or L2 or whatever. 730 00:37:48,000 --> 00:37:51,560 Has nothing to do with C burn has everything to do with the 731 00:37:51,560 --> 00:37:54,320 mean factor of being built on Ethereum. 732 00:37:54,520 --> 00:37:58,480 If we can't get the simple and most basic message across that, 733 00:37:58,480 --> 00:38:00,480 we lose. What do you think of that 734 00:38:00,480 --> 00:38:02,600 statement? I think he's on the money. 735 00:38:03,480 --> 00:38:06,120 Yeah, I think that the marketing thing is probably right. 736 00:38:06,240 --> 00:38:09,720 Another problem that stands out to me though is what is it? 737 00:38:09,800 --> 00:38:12,480 Polymarket is the breakout app. But try to get your friend to 738 00:38:12,480 --> 00:38:15,920 use Polymarket. It is not easy like it is. 739 00:38:15,920 --> 00:38:20,160 It is a massive user experience hurdle to to jump to to get to 740 00:38:20,160 --> 00:38:21,000 that app. Yeah. 741 00:38:21,000 --> 00:38:23,880 Now I saw Bloomberg things in like Polymarket may like crack 742 00:38:23,880 --> 00:38:26,200 down on, on like US users, et cetera. 743 00:38:26,200 --> 00:38:28,200 Like I there was an article yesterday on Bloomberg about 744 00:38:28,200 --> 00:38:29,640 that. What you getting set up like you 745 00:38:29,640 --> 00:38:32,000 have to bridge to Polygon, you have to get. 746 00:38:32,400 --> 00:38:34,600 I mean, I lost 1000 million more than that, Yeah, it's a fucking 747 00:38:34,600 --> 00:38:37,120 hassle, yes. It's a pain in the ass versus 748 00:38:37,120 --> 00:38:39,920 like this, the the slaw user experience, which is better. 749 00:38:39,920 --> 00:38:41,960 So I think like that, that points to another, you know, 750 00:38:42,040 --> 00:38:45,800 aspect of all this. And just that the the L twos 751 00:38:46,240 --> 00:38:49,000 versus L ones. I, I, I probably mark it clearly 752 00:38:49,000 --> 00:38:50,840 is one of the biggest winners of the cycle. 753 00:38:50,840 --> 00:38:55,880 Like I'm not going to dispute that, but I think eats usability 754 00:38:55,880 --> 00:38:59,520 perhaps is another and it's lack of getting to consumers. 755 00:38:59,520 --> 00:39:02,120 I think probably is is another factor at play here. 756 00:39:02,840 --> 00:39:06,120 Yeah, it's, I don't know, man. It's, it's so crazy because like 757 00:39:06,160 --> 00:39:08,640 all the big dabs, all the big breakout shit, like a lot of it 758 00:39:08,640 --> 00:39:10,880 is built on the theorem. It's just like, I don't know, 759 00:39:11,000 --> 00:39:15,040 it's just not happening. I don't, I now let's stop 760 00:39:15,040 --> 00:39:16,920 talking about the problem, talk about the solution. 761 00:39:17,240 --> 00:39:18,840 I don't know what the solution is, Tyler. 762 00:39:19,040 --> 00:39:21,000 I don't think marketing now fixes it. 763 00:39:22,920 --> 00:39:25,640 Yeah, I I don't know that I had the the answer, so I I just sent 764 00:39:25,640 --> 00:39:27,800 you the A16Z stated crypto dashboard. 765 00:39:27,800 --> 00:39:28,520 Yeah. Yeah. 766 00:39:28,920 --> 00:39:30,760 Is that the one that people were pissed about because they didn't 767 00:39:30,760 --> 00:39:32,000 really involve Solana either in there? 768 00:39:32,000 --> 00:39:33,240 Like they kind of like committed it. 769 00:39:34,600 --> 00:39:37,520 Oh, I I guess I took it at face value, so if the data is wrong 770 00:39:37,520 --> 00:39:40,040 then I guess take it with the green salt. 771 00:39:40,040 --> 00:39:42,960 But well, yeah, what basically what their data shows is for 772 00:39:42,960 --> 00:39:48,800 builder activity, it's like 80% of builders are on EBN versus 773 00:39:48,800 --> 00:39:51,680 11% salon and 4% Bitcoin, which which kind of feels 774 00:39:51,680 --> 00:39:55,160 directionally, right. So, but I think you would think, 775 00:39:55,160 --> 00:39:58,200 man, if there's that much focus in investment on Ethereum, like 776 00:39:58,200 --> 00:40:00,480 there should be more to to show for it. 777 00:40:01,760 --> 00:40:03,760 I think if you Scroll down, you see what they're all building. 778 00:40:03,760 --> 00:40:05,720 It's it's like over half of it's infra. 779 00:40:06,320 --> 00:40:07,080 No way. Look at this. 780 00:40:07,080 --> 00:40:12,080 We're in the 5% in the media. I'm just looking at media. 781 00:40:13,080 --> 00:40:15,080 Oh God, it's funny. Well, meme coins fall into 782 00:40:15,080 --> 00:40:15,560 media. What? 783 00:40:19,520 --> 00:40:20,920 Interesting. I want to guess that. 784 00:40:22,160 --> 00:40:23,560 Interesting. That's funny. 785 00:40:23,720 --> 00:40:27,120 Anyways, yeah, I don't know dude. 786 00:40:27,200 --> 00:40:31,240 I, I, I don't know. I am like I'm, I'm having 787 00:40:31,240 --> 00:40:34,280 flashback a few Q 4/20/23. But it's going to happen on 788 00:40:34,280 --> 00:40:35,680 bigger level. It's going to happen the same 789 00:40:35,680 --> 00:40:39,160 way you have your Solana mean coins, you have your Solana 790 00:40:39,160 --> 00:40:42,480 underlying asset and it's just going to take off again and 791 00:40:42,480 --> 00:40:45,520 Ethan's going go, go, yes, Ethan is going to higher. 792 00:40:45,520 --> 00:40:47,120 Yes, Ethan is probably going to go back to all time high. 793 00:40:47,120 --> 00:40:51,080 But the up cost versus the other coins that he's going to run 794 00:40:51,080 --> 00:40:55,400 against, I don't know how it's looking, but it's I don't know, 795 00:40:56,960 --> 00:41:01,400 it's not looking great. That's how I feel about it. 796 00:41:01,960 --> 00:41:03,840 Yeah, I tend to agree. What else? 797 00:41:03,840 --> 00:41:05,640 Oh, quickly, quickly, quickly before I ask you what else you 798 00:41:05,640 --> 00:41:08,400 got for us? Raffle ball dot XYZ Yes, we are 799 00:41:08,400 --> 00:41:11,040 doing a real big giveaway again today and the rest of the week. 800 00:41:11,040 --> 00:41:12,560 Every day. Monday, Tuesday, not Monday, 801 00:41:12,560 --> 00:41:13,760 sorry. Tuesday, Wednesday, Thursday and 802 00:41:13,760 --> 00:41:17,280 Friday 4th Four days a week you have a chance to come and win up 803 00:41:17,280 --> 00:41:20,400 to $75,000. And yeah, someone won 75K last 804 00:41:20,400 --> 00:41:22,640 week and yesterday someone won 2K. 805 00:41:23,520 --> 00:41:28,520 So raffle ball dot XYZ, make sure you sign up and and you can 806 00:41:28,520 --> 00:41:29,840 win. And the code says mangoes 807 00:41:29,920 --> 00:41:38,120 MANGOSMANGOS is the code today. Tyler, what else? 808 00:41:38,120 --> 00:41:40,800 It feels like we've covered a lot of the big, big stuff. 809 00:41:40,800 --> 00:41:42,920 Is there anything that we've missed out from your Daily News? 810 00:41:43,760 --> 00:41:46,840 Quickly in memes and NFTS so pump fun didn't launch the 811 00:41:46,840 --> 00:41:49,000 tokenization of videos who? Do you? 812 00:41:49,600 --> 00:41:50,960 Think it might get them in the hot water? 813 00:41:51,440 --> 00:41:53,240 Should we play that video? Oh no. 814 00:41:53,560 --> 00:41:54,880 No, I probably shouldn't play that one. 815 00:41:55,800 --> 00:42:00,240 Well I mean you can the the video is fine but. 816 00:42:00,400 --> 00:42:01,400 But why? Yeah. 817 00:42:01,400 --> 00:42:04,640 So I saw some of this stuff, like what's going on there? 818 00:42:05,280 --> 00:42:07,560 Just like perhaps with like licensing issues, like anyone 819 00:42:07,560 --> 00:42:10,280 can get any video off the Internet and just tokenize it 820 00:42:10,280 --> 00:42:13,280 now. So so I could see that getting 821 00:42:13,280 --> 00:42:16,960 messy and I'm not an expert in all the rules and regulations 822 00:42:17,760 --> 00:42:19,760 tied to this. Let's play this out. 823 00:42:22,400 --> 00:42:25,520 That was hilarious, by the way. I lost it watching this video. 824 00:42:29,400 --> 00:42:36,720 Stay tuned to the end. Do not come. 825 00:42:39,040 --> 00:42:43,120 Do not. Come I'm going to come. 826 00:42:43,120 --> 00:42:45,320 Also just perfect into that video. 827 00:42:45,680 --> 00:42:48,760 I may or may not have chased a meme coin tied to this video. 828 00:42:49,120 --> 00:42:52,280 I lost my ass on SO, so do not copy trade me. 829 00:42:53,200 --> 00:42:55,720 So pump fun, huh? Again, making the news. 830 00:42:55,720 --> 00:42:57,280 First we talk about the token stuff. 831 00:42:57,280 --> 00:42:59,680 Now we talk about the video. Cannot tokenize videos on pumped 832 00:42:59,680 --> 00:43:01,000 up fun. Upload your video, choose your 833 00:43:01,000 --> 00:43:02,560 thumbnail and make your coin stand out. 834 00:43:02,560 --> 00:43:04,320 Everyone on the main page will see it. 835 00:43:04,760 --> 00:43:08,320 What will you create? So let's see what comes out of 836 00:43:08,320 --> 00:43:10,360 this, you know? So there's that. 837 00:43:10,360 --> 00:43:12,680 I mean, I would love to talk to Alan to see like if they worried 838 00:43:12,680 --> 00:43:14,960 at all about like the regulatory risk or hopefully they've 839 00:43:14,960 --> 00:43:18,320 thought all that through. We had three headlines in the 840 00:43:18,320 --> 00:43:22,880 art space. SO1 Foundation rebranded their 841 00:43:22,880 --> 00:43:27,080 Instagram account to Rodeo Club and they're focusing on, you 842 00:43:27,080 --> 00:43:31,080 know, broadening their audience, kind of citing that NF TS are 843 00:43:31,080 --> 00:43:34,160 are dead and they don't want to wait for NF TS to come back. 844 00:43:34,560 --> 00:43:37,760 On the lighter side, a couple of big, big auctions happening. 845 00:43:37,800 --> 00:43:41,760 So Botto is live at Sotheby's right now. 846 00:43:42,280 --> 00:43:44,880 Folks aren't aware that's a decentralized AI artist. 847 00:43:44,880 --> 00:43:47,320 So perfect timing with this AI meta. 848 00:43:47,320 --> 00:43:49,160 Those lots are going to start closing tomorrow. 849 00:43:49,160 --> 00:43:53,560 So if you're into bidding on AI art, you know, take a look at 850 00:43:53,560 --> 00:43:55,480 those. And then off of Story kids, 851 00:43:55,480 --> 00:43:57,880 Piano Blossoms, the addition of 30. 852 00:43:58,360 --> 00:44:01,960 Those will start to end in about 3 hours. 3 hours. 853 00:44:01,960 --> 00:44:06,840 From now thank you X my boy. Did you see that sale? 854 00:44:07,480 --> 00:44:10,240 I missed it. One of one sell for 39 ETH 855 00:44:10,240 --> 00:44:11,480 yesterday. That's big. 856 00:44:11,920 --> 00:44:13,800 Fuck yeah, baby. Hey, he's in the audience. 857 00:44:13,800 --> 00:44:15,560 Look at that, Chad. Thank you, Wax. 858 00:44:15,560 --> 00:44:18,280 Do you want to give him a shout? That's a big fucking deal, bro. 859 00:44:18,280 --> 00:44:21,480 It was less than 39 ETH and he got the sailing right away. 860 00:44:22,240 --> 00:44:25,840 I probably can't name more than 10 artists who could command 39 861 00:44:25,880 --> 00:44:29,400 ETH for one-on-one right now, so that's that's a big deal. 862 00:44:29,760 --> 00:44:32,000 Yeah, that's a huge dub. Huge. 863 00:44:32,040 --> 00:44:35,040 I mean, I'm aside from your friend Ryan, I'm genuinely a 864 00:44:35,040 --> 00:44:39,080 massive fan so of his art. So it's you love to see the 865 00:44:39,080 --> 00:44:41,120 arts, dude. The art world is like Rob, like 866 00:44:41,120 --> 00:44:44,560 there's it's just become separate niches like 2021 we're 867 00:44:44,560 --> 00:44:47,560 all one. It was like PFPS and art and 868 00:44:47,560 --> 00:44:49,760 memes and this and that. Now it's like, OK, you have the 869 00:44:49,760 --> 00:44:52,280 art folks doing the fucking art thing, you know, the rattle 870 00:44:52,280 --> 00:44:55,200 positive word buying art, like, you know, all these, the Medici, 871 00:44:55,200 --> 00:44:57,440 like all this stuff and you have the meme corners and you have 872 00:44:57,440 --> 00:45:00,080 you know what I mean? It's just, we've just grown, you 873 00:45:00,080 --> 00:45:03,680 know? Yeah, no, it's still very alive. 874 00:45:04,040 --> 00:45:06,280 It does feel like it's comments don't own niche, but the niche 875 00:45:06,280 --> 00:45:10,040 is is doing OK right now. I feel like it's almost finally 876 00:45:10,040 --> 00:45:13,280 getting like sucked into the bigger niche of art slowly but 877 00:45:13,280 --> 00:45:15,000 surely, you know? Yeah. 878 00:45:15,960 --> 00:45:20,280 You know, it's a, you know, it's a, it's just like it's just 879 00:45:20,280 --> 00:45:25,960 starting to, it's a, it's just starting to, you know, kind of 880 00:45:25,960 --> 00:45:27,760 get something in the art thing. Finally. 881 00:45:27,840 --> 00:45:30,800 Yeah. If we want to talk sports real 882 00:45:30,800 --> 00:45:33,040 quick that so the the headline is simple. 883 00:45:33,040 --> 00:45:36,480 So Coinbase is an official partner of the Golden State 884 00:45:36,480 --> 00:45:39,880 Warriors, which for those who want maybe not be like NBA 885 00:45:39,880 --> 00:45:44,080 diehards, it is one of the the biggest marquee franchises in in 886 00:45:44,080 --> 00:45:47,160 the NBA in the world, of course. So so that's a big one. 887 00:45:47,800 --> 00:45:50,920 It actually piqued my interest for for sports sponsorships and 888 00:45:50,920 --> 00:45:54,040 crypto. So I went through the history. 889 00:45:54,040 --> 00:45:58,200 So basically 2021 was a mega boom 33 marquee 890 00:45:58,200 --> 00:46:01,920 sponsorshipscrypto.com was a huge one along with FTX of 891 00:46:01,920 --> 00:46:05,400 course. Then FTX crashed, crypto bubble 892 00:46:05,400 --> 00:46:07,920 burst. Basically almost of the 893 00:46:07,920 --> 00:46:12,320 sponsorships went away. 2023 it was down to just one of the 894 00:46:12,320 --> 00:46:15,160 major US sports and now this was the first for 2024. 895 00:46:15,160 --> 00:46:19,080 So other major US sports being basketball, baseball, football, 896 00:46:19,320 --> 00:46:22,640 hockey. This is the only major crypto 897 00:46:22,640 --> 00:46:25,920 sponsorship, but globally it is very alive. 898 00:46:25,920 --> 00:46:30,640 So there's 26 soccer or, you know, your football perhaps is 899 00:46:30,640 --> 00:46:33,320 leading the way. Let me see the data here. 900 00:46:33,320 --> 00:46:36,720 So yeah, so there's 11 soccer sponsorships, 3IN Motorsports, 7 901 00:46:36,720 --> 00:46:38,960 in esports and then two in cricket. 902 00:46:39,080 --> 00:46:41,160 So I thought that was interesting for those who are, 903 00:46:41,200 --> 00:46:44,200 you know, into the sports scene. So so perhaps check that out if 904 00:46:44,200 --> 00:46:46,680 you want more info. Yeah, this is super cool. 905 00:46:46,680 --> 00:46:48,440 I love that. I I, dude, I'm a huge fan of 906 00:46:48,440 --> 00:46:50,120 crypto in sports. Fucking love it. 907 00:46:50,320 --> 00:46:53,520 It's like we're like we've fully taken over F1 at this stage. 908 00:46:53,560 --> 00:46:57,240 Like fully like crypto has every single team has an F1 sponsor. 909 00:46:57,480 --> 00:47:01,560 I love it, you know, it's I, I I think I was fucking speaking in 910 00:47:01,560 --> 00:47:03,160 the Red Bull Racing team yesterday. 911 00:47:03,160 --> 00:47:05,680 We got on with OK X this morning and doing stuff with McLaren 912 00:47:05,680 --> 00:47:07,360 like it's like, you know what I mean? 913 00:47:07,560 --> 00:47:09,760 It's a it's all over. So if we're going to take over 914 00:47:09,760 --> 00:47:13,360 basketball too, let's go. If if a crypto sponsor was to 915 00:47:13,360 --> 00:47:15,920 sponsor Montreal Canadiens and get me season tickets and I'll 916 00:47:15,920 --> 00:47:22,520 go and Rep you every I will wear OK, I will wear a T-shirt of 917 00:47:22,520 --> 00:47:25,440 your brand every Montreal Canadians games. 918 00:47:25,680 --> 00:47:27,800 It's the one of you who wants to sponsor Montreal Canadians the 919 00:47:27,800 --> 00:47:29,120 haves. We did lose 7 two to the New 920 00:47:29,120 --> 00:47:31,280 York Rangers yesterday, but it's OK, so I'm. 921 00:47:33,160 --> 00:47:35,200 Just saying the Bulls I'll I'll wear your hat every day on the 922 00:47:35,200 --> 00:47:37,160 show. There you go. 923 00:47:37,160 --> 00:47:39,760 And the Bulls, Chicago Bulls. I mean, where's Scottie Pippen? 924 00:47:39,760 --> 00:47:41,280 Hold on. He was listening to the Pump Fun 925 00:47:41,280 --> 00:47:43,560 Spaces yesterday. Where's Scottie Pippen? 926 00:47:43,560 --> 00:47:45,520 Yeah, he was. There was a big spaces with with 927 00:47:45,520 --> 00:47:49,720 Alan and Frank Deacons and those lads yesterday anyways. 928 00:47:49,720 --> 00:47:53,240 All right well look, that's a good roundup love to see that 929 00:47:53,240 --> 00:47:55,360 lots of people in here love y'all make sure you retweet make 930 00:47:55,360 --> 00:47:57,000 sure you follow for more everyone, because we host this 931 00:47:57,000 --> 00:47:58,760 show every single Monday to Friday at 10:00 AM Eastern 932 00:47:58,760 --> 00:48:00,880 Standard Time. This is your last second to 933 00:48:00,880 --> 00:48:03,880 enter the draw Sims. Let's get someone winning and 934 00:48:03,880 --> 00:48:09,240 let's get going Hurricanes for the wink fuck out of Yonder who 935 00:48:09,240 --> 00:48:12,080 supports the Carolina Hurry I I've never even met anyone that 936 00:48:12,080 --> 00:48:14,600 comes from Carolina. Is Carolina even real? 937 00:48:17,840 --> 00:48:21,040 I'm kidding. The Hurricanes name hitting a 938 00:48:21,040 --> 00:48:24,000 little harder this year, though. Yeah, yeah, exactly. 939 00:48:24,040 --> 00:48:26,120 Yeah, Yeah. They are called the Caroline 940 00:48:26,120 --> 00:48:26,680 Hurricanes.