1 00:00:01,600 --> 00:00:06,480 You asked. Do you get banana bread? 2 00:00:06,480 --> 00:00:11,000 That's appeared on my head falling from the sky. 3 00:00:11,720 --> 00:00:14,240 Oh, my God. I forgot my girlfriend was home 4 00:00:14,240 --> 00:00:16,720 today. Yeah, usually I do my searches 5 00:00:16,720 --> 00:00:18,920 down here. I guess she heard me say I was 6 00:00:18,920 --> 00:00:21,600 starving. He's not my girlfriend anymore. 7 00:00:21,920 --> 00:00:23,520 I'm sorry. He's not. 8 00:00:23,800 --> 00:00:24,600 It's a fiance. Yeah. 9 00:00:24,600 --> 00:00:27,640 That's what you call that? It's too official for me. 10 00:00:28,240 --> 00:00:32,720 It's like such. She loves it, but my fiance I 11 00:00:32,720 --> 00:00:34,960 got may have been out of bed. Is that what you call that? 12 00:00:34,960 --> 00:00:38,400 That weird period between being girlfriend, boyfriend and 13 00:00:38,640 --> 00:00:39,800 married? Is that what you guys call? 14 00:00:40,240 --> 00:00:43,080 But so you gotta be careful using the old terms you can get. 15 00:00:43,240 --> 00:00:45,960 Global I, I know I I'm not used to it. 16 00:00:45,960 --> 00:00:49,640 Like, oh, hey, that's my fiance. Like it's so fancy. 17 00:00:50,000 --> 00:00:52,200 Is it a fancy word? Like what's what's in between? 18 00:00:52,680 --> 00:00:54,480 It's my wife. And then there's like 19 00:00:54,480 --> 00:00:58,200 girlfriends, like, I don't know. Anyways, oh, oh, wow, That 20 00:00:58,200 --> 00:01:00,600 banana bed. God save me. 21 00:01:00,960 --> 00:01:03,720 What's up? yo-yo, yo-yo. 22 00:01:05,440 --> 00:01:07,600 Good morning. Good morning, GMGM. 23 00:01:07,600 --> 00:01:09,400 What day is it? What day is it? 24 00:01:09,400 --> 00:01:11,680 It's true. It is a Sean Smith says fiance 25 00:01:11,680 --> 00:01:14,680 is a fun word to say and you don't get to say it for long. 26 00:01:14,680 --> 00:01:18,080 So use it as much as possible. It's a transitional word. 27 00:01:18,080 --> 00:01:21,520 I know, I know. If I I got to get in the rhythm, 28 00:01:21,840 --> 00:01:26,800 OK, I got to get in the rhythm. I, I it's for some reason the 29 00:01:26,800 --> 00:01:29,200 even the word stresses me out because it means I have so much 30 00:01:29,200 --> 00:01:31,280 to do. Like yeah, I have so much work. 31 00:01:31,320 --> 00:01:33,640 Like anyways, anyways, that's not a car. 32 00:01:33,640 --> 00:01:36,680 I'm not going to I'll spare you guys with my, with my mental, 33 00:01:37,200 --> 00:01:40,280 my, my, my mental, my mental illness. 34 00:01:40,280 --> 00:01:44,080 Let's call it that. ANYWAYS, Tuesday, August 6th, 35 00:01:44,440 --> 00:01:47,640 2020. Look at that. 36 00:01:47,640 --> 00:01:49,280 Another beautiful day to have a beautiful day. 37 00:01:49,280 --> 00:01:52,200 I got my Co host in the house, Tyler Mando. 38 00:01:52,200 --> 00:01:53,480 How you guys doing today? Good morning. 39 00:01:55,480 --> 00:01:57,640 Doing awesome, man. Market's coming back. 40 00:01:58,440 --> 00:02:01,040 No more crying, Mandy. We're going to be all right. 41 00:02:01,680 --> 00:02:04,320 No, we're crying. I mean, no more crying until 42 00:02:04,880 --> 00:02:07,920 until around sends the nukes for real, and then we'll cry a 43 00:02:07,920 --> 00:02:10,120 little bit more and then we'll stop crying once we buy the 44 00:02:10,120 --> 00:02:13,040 Warwick, you know, and and that's about it. 45 00:02:13,040 --> 00:02:15,640 Someone said so soon you married. 46 00:02:15,840 --> 00:02:18,160 Yeah, I did marry Ariana Grande as this. 47 00:02:18,600 --> 00:02:22,760 True story, true story. It was my Plan B figure to marry 48 00:02:22,760 --> 00:02:27,160 a very rich singer just in case this crypto shit doesn't work 49 00:02:27,160 --> 00:02:29,040 out. And I was given what happened 50 00:02:29,040 --> 00:02:30,760 Sunday. Monday was a good Plan B. 51 00:02:30,960 --> 00:02:32,480 Tyler, how you doing this morning? 52 00:02:33,240 --> 00:02:35,000 Good. You know, we didn't go to 0 53 00:02:35,000 --> 00:02:40,040 yesterday, that was a plus. So we did not this morning. 54 00:02:40,680 --> 00:02:43,120 Yeah. Look, we're hired today, but 55 00:02:43,440 --> 00:02:45,000 Banco is about this 56 right now. 56 00:02:45,000 --> 00:02:48,520 We'll have to see it. 56 is a new set is a new 63. 57 00:02:48,920 --> 00:02:51,680 Yeah, I don't make the rules. Like, you know, you you tell me 58 00:02:51,680 --> 00:02:56,080 bitcoins 56 KA week ago. I'd be like you tell me Bitcoin 59 00:02:56,080 --> 00:02:58,520 56 K this morning. I'm happy. 60 00:02:58,560 --> 00:03:01,640 You know, definitely the mood is different on the timeline. 61 00:03:01,640 --> 00:03:05,000 It's funny how bipolar we've all become on the timeline. 62 00:03:05,000 --> 00:03:06,840 It's like we're back to like hunting for shit coins now, you 63 00:03:06,840 --> 00:03:08,720 know what I mean? Like we're back in the trenches, 64 00:03:08,800 --> 00:03:11,000 you know, two days off we're back in. 65 00:03:11,480 --> 00:03:13,360 Let me tell you, I definitely bought the wrong coins. 66 00:03:13,360 --> 00:03:16,680 And Tyler, we should have bought that fucking narrow coin when 67 00:03:16,720 --> 00:03:19,520 when we talked about it on the show is now too excited. 68 00:03:19,520 --> 00:03:20,560 But anyways, we'll talk about it. 69 00:03:20,600 --> 00:03:26,320 Stay on the show day today, market report, market report as 70 00:03:26,320 --> 00:03:28,480 usual. Well, Mandela brought us through 71 00:03:28,480 --> 00:03:30,120 it. See how we're feeling today. 72 00:03:30,120 --> 00:03:34,000 Tyler's are we back to top 100, bottom 100? 73 00:03:34,480 --> 00:03:37,200 I'm not sure. We'll see. 74 00:03:37,280 --> 00:03:40,320 We'll see what happened today. So we'll call it maybe the mid 75 00:03:40,320 --> 00:03:41,080 100. I don't know. 76 00:03:41,080 --> 00:03:43,960 It's not that good of a word. And then we'll be joined by 77 00:03:43,960 --> 00:03:46,840 today's show partner. You met him two weeks ago from 78 00:03:46,840 --> 00:03:48,200 Unfuck. Agent Lovelace. 79 00:03:48,400 --> 00:03:52,080 Is is is is going to join us again to talk about the game 80 00:03:52,080 --> 00:03:55,920 where the you throw dildos using a middle finger at bankers. 81 00:03:56,320 --> 00:03:57,920 We're going to show a trailer of that today. 82 00:03:57,920 --> 00:03:59,200 Mando, this is going to be a great one. 83 00:03:59,360 --> 00:04:02,200 I can't wait. And then last but not least, rub 84 00:04:02,200 --> 00:04:03,000 it. Whoa. 85 00:04:03,080 --> 00:04:06,560 Well, punks are down by half, So naturally, I doubled the odds. 86 00:04:06,560 --> 00:04:08,840 No, sorry. I almost tripled the odds of 87 00:04:08,840 --> 00:04:12,320 winning a punk. There is now a 1%, a whole 88 00:04:12,320 --> 00:04:16,360 percent, a whole point chance to win a cryptopunk on FOMO hour. 89 00:04:16,560 --> 00:04:18,680 Four of them send it a tournament. 90 00:04:18,680 --> 00:04:20,800 And now it's a tournament, ladies, because Ethan's down so 91 00:04:20,800 --> 00:04:24,520 bad that I could was able to add more mutants to those ladies. 92 00:04:24,520 --> 00:04:27,040 So it's a big day. It's a big day. 93 00:04:27,720 --> 00:04:31,200 Perhaps my Lady Mahdi, in the words of EV or a big punk win 94 00:04:31,440 --> 00:04:32,960 today. So cannot wait. 95 00:04:32,960 --> 00:04:35,560 But anyways, anyways, anyways, it is true. 96 00:04:35,560 --> 00:04:38,680 Yeah, Shetzen is right, Mando bringing the finance trader 97 00:04:38,680 --> 00:04:39,920 vibes with the shirt. Mando's. 98 00:04:40,680 --> 00:04:42,680 You've been wearing a shirt a lot lately on the show, 99 00:04:42,680 --> 00:04:45,960 actually, Mando. This is the second day in a row 100 00:04:46,200 --> 00:04:48,600 I think I've worn AT shirt every day for about a year. 101 00:04:50,320 --> 00:04:52,720 It's like the More than that Friday you wore a shirt. 102 00:04:53,080 --> 00:04:55,120 I don't think so. Yeah. 103 00:04:55,280 --> 00:04:55,840 Yeah. What's going on? 104 00:04:56,000 --> 00:04:58,120 You get a little wardrobe change or something. 105 00:04:58,520 --> 00:05:01,400 I just came back to push go. So the few things that I have is 106 00:05:01,400 --> 00:05:03,480 shirts, but I I quite like it, you know. 107 00:05:03,680 --> 00:05:06,040 I mean, that's the flex is the flex is crazy. 108 00:05:06,040 --> 00:05:07,760 Mando's wearing shirts in the bear market. 109 00:05:08,160 --> 00:05:10,560 Ovi is showing that he's eating chicken biryani. 110 00:05:10,880 --> 00:05:13,040 Like dude, we can't afford chicken around here anymore 111 00:05:13,040 --> 00:05:20,680 anyways. Who is the? 112 00:05:21,160 --> 00:05:26,840 Man. Macro daddy of the land, can you 113 00:05:26,840 --> 00:05:30,720 dig it? We are so fucking back everyone. 114 00:05:31,920 --> 00:05:36,480 Bitcoin back at 56. Is it 56 K right now? 115 00:05:36,880 --> 00:05:44,720 Solana back at 143 ETH, well, it is still around 2600, but it 116 00:05:46,160 --> 00:05:49,360 feels as though we've we've, we've had a decent bounce here 117 00:05:49,360 --> 00:05:53,280 like across across the board, mainly a little bit of reversal 118 00:05:53,280 --> 00:05:57,960 in the in the Japanese markets. So you saw those rebound about 119 00:05:57,960 --> 00:06:01,600 10% yesterday. There was a report out by 120 00:06:01,600 --> 00:06:05,400 Bloomberg that about fifty to 60% of the yen traders is now 121 00:06:06,160 --> 00:06:07,920 over. But I think it's actually from 122 00:06:07,920 --> 00:06:10,600 JP Morgan. I mean, it's still got 50% to 123 00:06:10,600 --> 00:06:14,240 go, but interesting to, to see that sort of reversal. 124 00:06:15,480 --> 00:06:18,840 The, the stock market had a bad day yesterday, but not the worst 125 00:06:18,840 --> 00:06:21,200 day I've ever seen. I think we're back to like the 126 00:06:21,200 --> 00:06:24,840 levels that we saw in May It we, it looks like we're obviously 127 00:06:24,960 --> 00:06:27,920 opening slightly higher today. Now tax up about 1%. 128 00:06:28,520 --> 00:06:30,400 I think it's, it's still a bit nervous out there. 129 00:06:30,400 --> 00:06:33,280 In my, in my opinion, I don't think this yen carry trade is 130 00:06:33,280 --> 00:06:37,040 over. I'm not too sure what that means 131 00:06:37,040 --> 00:06:40,080 for crypto in general though. Now, like I feel as though 132 00:06:40,560 --> 00:06:43,680 abroad of sell off in tech stocks probably means high 133 00:06:43,680 --> 00:06:46,000 chance of Trump getting in, which probably is kind of 134 00:06:46,000 --> 00:06:47,560 bullish for crypto at the same time. 135 00:06:47,560 --> 00:06:50,920 And I, I it's just difficult for me to navigate like if crypto is 136 00:06:50,920 --> 00:06:55,720 going to be it certainly sold off the most, but the actual 137 00:06:55,720 --> 00:06:58,480 specific people doing the yen trade into crypto is very, very 138 00:06:58,480 --> 00:06:59,600 small. It just kind of felt like we 139 00:06:59,600 --> 00:07:04,800 were the only market open Bitcoin back of 56 K. 140 00:07:05,240 --> 00:07:09,600 It's kind of only down 10% from when we did our show on Friday 141 00:07:10,200 --> 00:07:13,600 for a 3% move in NASDAQ. Maybe that that that would kind 142 00:07:13,600 --> 00:07:18,000 of correlate at one stage we were down obviously like 2025%, 143 00:07:19,000 --> 00:07:22,840 which was kind of wild. So I think we're kind of more in 144 00:07:22,840 --> 00:07:27,800 line now and I'm not I'm not 100% sure if tech stocks had 145 00:07:27,800 --> 00:07:32,920 low, which is what I think will happen here, if, if crypto will 146 00:07:32,920 --> 00:07:36,080 follow suit or if it will like maintain what it was doing 147 00:07:36,080 --> 00:07:38,920 before, which is what the correlation was was low or even 148 00:07:38,920 --> 00:07:40,760 negative. So difficult to say. 149 00:07:40,760 --> 00:07:43,280 I do think that that sell probably heads back up to like 150 00:07:43,280 --> 00:07:48,640 150 area Bitcoin probably just shy of 60 K before we decide 151 00:07:48,640 --> 00:07:50,000 what to do. So I think we've got a little 152 00:07:50,000 --> 00:07:51,520 bit more juice in this like bounce. 153 00:07:52,400 --> 00:07:56,360 But I do think it's, it's, you should be cautious a little bit 154 00:07:56,360 --> 00:08:01,480 here like that. 277,000 people were liquidated yesterday, 155 00:08:02,640 --> 00:08:07,840 277,000 people liquidated. There were some estimations 156 00:08:07,840 --> 00:08:11,120 that, that the liquidations were actually as high as like 7 157 00:08:11,120 --> 00:08:14,080 billion yesterday, which would be absolutely wild. 158 00:08:14,080 --> 00:08:17,800 There was some circulation that that it's under reported by 159 00:08:17,800 --> 00:08:20,120 sexes. So something like 5 to 7 billion 160 00:08:20,320 --> 00:08:22,200 was probably the true figure of people who got liquidated. 161 00:08:22,200 --> 00:08:25,000 So it was a huge, huge liquidation day. 162 00:08:25,000 --> 00:08:27,920 You could see on the timeline, you could see it in comments 163 00:08:27,920 --> 00:08:29,920 that sort of stuff like people lost a lot of money yesterday. 164 00:08:30,280 --> 00:08:33,360 The reversal has been pretty strong kind of across the board. 165 00:08:33,360 --> 00:08:37,720 I would say meme coins have outperformed on the reversal, 166 00:08:37,720 --> 00:08:40,159 but like they were also down a lot. 167 00:08:40,159 --> 00:08:42,520 Like if you look at stuff like Popcap, for example, yeah, it's 168 00:08:42,520 --> 00:08:46,760 up what, 60%? But it's still below 500 169 00:08:46,760 --> 00:08:48,920 million. I think that's something to pay 170 00:08:48,920 --> 00:08:50,640 attention to. Like they look really good on 171 00:08:50,640 --> 00:08:56,600 days like today, but they're also they also got absolutely 172 00:08:56,600 --> 00:09:00,320 smoked. So that like down 50% up 50% 173 00:09:00,840 --> 00:09:04,360 move is is pretty painful for a lot of them, but they have done, 174 00:09:04,360 --> 00:09:05,960 they've done all right. Interesting. 175 00:09:05,960 --> 00:09:08,320 I, I think that Solana is keeping pace with the majority 176 00:09:08,320 --> 00:09:10,880 of the top 10 meme coins in terms of what it's bounced. 177 00:09:10,880 --> 00:09:17,000 That's crazy. Solana is up roughly 30% or 20, 178 00:09:17,040 --> 00:09:20,280 just between 25 to 30% now from that low. 179 00:09:22,000 --> 00:09:24,360 That's kind of the sort of reversal we've seen in the top 180 00:09:24,360 --> 00:09:26,280 10 meme coins. So obviously some of the lower 181 00:09:26,280 --> 00:09:27,800 cap ones have have really reversed. 182 00:09:27,800 --> 00:09:31,760 But yeah, like Pepe with they're all up kind of similar. 183 00:09:31,760 --> 00:09:33,400 I think that says a lot. So this is kind of what I said 184 00:09:33,400 --> 00:09:37,000 yesterday. I think use this, you know, I, I 185 00:09:37,040 --> 00:09:39,200 would, I, I personally would simplify. 186 00:09:39,360 --> 00:09:43,360 I do think that we're probably going to get another couple of 187 00:09:43,360 --> 00:09:47,800 weeks of uncertainty here. And if you were crying at the 188 00:09:47,800 --> 00:09:52,840 screen two days ago or yesterday, then I do think this 189 00:09:52,840 --> 00:09:55,760 is a good opportunity to kind of like reassess everything on on 190 00:09:55,760 --> 00:09:58,040 this bounce. In my opinion, I think the 191 00:09:58,040 --> 00:10:00,760 biggest danger area, as I've been saying for a while, obvious 192 00:10:01,320 --> 00:10:05,960 500 million or probably now like 300 million plus meme coins, 193 00:10:06,600 --> 00:10:08,800 because I think a lot of people view them as kind of like blue 194 00:10:08,800 --> 00:10:11,440 chip or like they're going to get to 1 billion. 195 00:10:12,000 --> 00:10:14,320 And I actually think there's a lot of danger there. 196 00:10:14,640 --> 00:10:16,720 Like there's a lot of danger, you know, when these things 197 00:10:16,720 --> 00:10:20,120 fall, they can really fall out of bed as we, as we've seen, you 198 00:10:20,120 --> 00:10:23,120 know, like stuff literally dropped 50 or 60% on on these 199 00:10:23,120 --> 00:10:24,560 Wicks. So that that's where I feel like 200 00:10:24,560 --> 00:10:27,320 the most, the most dangerous in this market. 201 00:10:27,320 --> 00:10:31,920 They kind of remind me of the NFTS, like Bluetooth NFTS last 202 00:10:31,920 --> 00:10:35,240 cycle where you bought them and it was like, oh, you know, this 203 00:10:35,240 --> 00:10:38,480 will be they'll hold up OK. Or maybe they have low beta. 204 00:10:38,760 --> 00:10:40,040 But yeah, they've they've really been hurt. 205 00:10:40,040 --> 00:10:41,720 So that's, that's kind of my view. 206 00:10:42,080 --> 00:10:44,360 I think. I don't think that's like a long 207 00:10:44,360 --> 00:10:49,160 term view, but I just think that if we had lower, we'll probably 208 00:10:49,160 --> 00:10:53,120 see similar moves again. I do think that my bull thesis 209 00:10:53,160 --> 00:10:56,520 for like Solana to 1300, sorry and all that stuff is probably 210 00:10:56,520 --> 00:10:59,200 now delayed until after the election. 211 00:10:59,440 --> 00:11:02,160 I think Trump's still going to win and I think that's a super 212 00:11:02,160 --> 00:11:04,760 bullish case for Ethsole Bitcoin. 213 00:11:06,480 --> 00:11:09,080 But I think we we could be in for a little bit of chop here. 214 00:11:10,040 --> 00:11:13,120 The bullish thing on the macro standpoint would be, would be if 215 00:11:13,120 --> 00:11:19,320 the Fed announces some sort of dollar yen line I think to help 216 00:11:19,320 --> 00:11:24,040 alleviate some of the selling of of dollar based securities in 217 00:11:24,040 --> 00:11:25,760 the US. There's been talk of that 218 00:11:25,760 --> 00:11:28,000 before. They could do that before the 219 00:11:28,000 --> 00:11:29,680 next meeting, which is next month. 220 00:11:30,920 --> 00:11:34,280 But I don't see an emergency cut happening, which so I think we 221 00:11:34,280 --> 00:11:36,840 could be in for a period of like a month and a half of volatility 222 00:11:36,840 --> 00:11:39,400 here. So strap in, basically. 223 00:11:40,600 --> 00:11:44,840 Strap the fuck in. Hopefully we don't want this is 224 00:11:44,840 --> 00:11:50,080 not a fake pump with a with a with followed by massive nuke 225 00:11:51,320 --> 00:11:52,960 anyway. So yeah, we started what was it 226 00:11:52,960 --> 00:11:57,720 circuit breaker last night on on on in Japan on the way up, 227 00:11:57,720 --> 00:12:00,680 etcetera. So let's not I this is also 228 00:12:00,680 --> 00:12:04,520 confusing. I am going to Japan for Webex. 229 00:12:04,520 --> 00:12:07,560 I can have a chat with them over there if you guys want. 230 00:12:07,560 --> 00:12:09,480 You know, I went to Germany. I spoke to the Germans. 231 00:12:09,480 --> 00:12:12,400 I told them to chill. They, they, ever since you see 232 00:12:13,240 --> 00:12:17,320 they, they, they, they've been potentially buying Bitcoin and 233 00:12:17,320 --> 00:12:20,320 then, you know, I'm going to go speak to the Japanese folks over 234 00:12:20,320 --> 00:12:22,720 there and, and let them know, you know about this. 235 00:12:22,720 --> 00:12:24,280 You know what's interesting? Someone just mentioned it. 236 00:12:24,360 --> 00:12:26,360 It doesn't really show on the top gainers loose because it's 237 00:12:26,360 --> 00:12:30,280 over 24 hours, but we've had like a 40% bounce, which is 238 00:12:30,280 --> 00:12:32,320 pretty impressive. But what do you guys think of 239 00:12:32,320 --> 00:12:33,840 this is? That that impressive. 240 00:12:34,160 --> 00:12:37,240 Genuinely like if. Solana is done for lows 42%. 241 00:12:38,120 --> 00:12:41,240 Solana's upsetting. What is it? 242 00:12:43,320 --> 00:12:45,720 I guess, I guess what I'm trying to say is the thing that's 243 00:12:45,720 --> 00:12:48,760 really struck me is that the top Solana is keeping pace with 244 00:12:48,760 --> 00:12:53,920 those top, Yeah. 100% a hundred. Percent ones are up 6070%, but 245 00:12:53,920 --> 00:12:57,120 the majority of the other ones are kind of move the same as 246 00:12:57,120 --> 00:12:59,120 Solana. On that bounce, I look at Solana 247 00:12:59,120 --> 00:13:01,520 versus the Pepe chart, MOG chart. 248 00:13:01,880 --> 00:13:05,600 Yeah. It's it's with chart they they 249 00:13:05,600 --> 00:13:09,120 look very different right now a. 100% So what do you guys think 250 00:13:09,120 --> 00:13:11,760 of this? I want to ask you both here over 251 00:13:11,760 --> 00:13:15,440 yesterday saying in popular opinion we won't see another 252 00:13:15,440 --> 00:13:18,160 Solana meme corn ahead a billion dollar marquee cap this cycle. 253 00:13:18,200 --> 00:13:20,160 It's kind of on the back of what you're talking about here with 254 00:13:20,160 --> 00:13:21,840 Solana outperforming its own memes. 255 00:13:22,120 --> 00:13:24,880 True story. Like what? 256 00:13:24,880 --> 00:13:27,560 And then threat guy came in, decided to take the opposite 257 00:13:27,560 --> 00:13:31,880 side of this and they bet that the the loser drinks out of 258 00:13:31,880 --> 00:13:35,640 shoe. You know, shoeies so famously 259 00:13:35,640 --> 00:13:39,640 invented by Frank and D gods. I'll go to you first, Tyler here 260 00:13:39,960 --> 00:13:41,600 and then curious to hear your thoughts, Mandel. 261 00:13:41,600 --> 00:13:43,040 But what do you think of on this bet? 262 00:13:43,480 --> 00:13:47,280 Which side of it you you I mean? He's right, that's an unpopular 263 00:13:47,280 --> 00:13:48,680 opinion. It's definitely unpopular with 264 00:13:48,680 --> 00:13:49,920 with meme. Yeah. 265 00:13:52,560 --> 00:13:55,120 I'm on the other side. I got, I got to root for another 266 00:13:55,200 --> 00:13:57,560 billion dollar meme coin. And we, we just had a few that 267 00:13:57,560 --> 00:14:01,200 were so close, like with, with Popcad and whatnot. 268 00:14:01,480 --> 00:14:05,680 Like if you think the cycle's got legs if everything legs up, 269 00:14:05,680 --> 00:14:08,480 I I don't think the meme trade is is over. 270 00:14:08,960 --> 00:14:13,000 On Solana, though, specifically, is that talking about Ethereum? 271 00:14:13,680 --> 00:14:15,960 Do you think another coin's going to hit a billion? 272 00:14:18,600 --> 00:14:20,680 Yeah, I I think there's still a good chance we'll see like five. 273 00:14:21,600 --> 00:14:23,200 Wow. Five of them. 274 00:14:23,920 --> 00:14:25,200 Yeah. I mean that that was always kind 275 00:14:25,200 --> 00:14:28,680 of my important goal like definition of of what that would 276 00:14:28,680 --> 00:14:34,160 look like if you hit like the 10 to 20 billion range and you see 277 00:14:34,160 --> 00:14:35,920 multiple hit, hit the billion dollar range. 278 00:14:35,920 --> 00:14:37,440 And I'm not ready to to throw that out. 279 00:14:37,440 --> 00:14:41,160 Just a downturn here. What do you think, Mando? 280 00:14:41,560 --> 00:14:43,000 Yeah, OB is a much better trader than me. 281 00:14:43,760 --> 00:14:45,880 Everything I say with a massive grain of salt. 282 00:14:46,200 --> 00:14:47,760 Someone saying here, no pressure. 283 00:14:47,760 --> 00:14:50,600 Someone in the comments saying Epic's going to hit a billion. 284 00:14:50,600 --> 00:14:52,360 I mean, Mando, you've been screaming ducks. 285 00:14:53,200 --> 00:14:58,800 Yeah. No, look, I think I what I just 286 00:14:58,800 --> 00:15:01,680 said is that I think we'll we'll be delaying that until November. 287 00:15:01,680 --> 00:15:03,240 There's a lot of time from now until November. 288 00:15:03,240 --> 00:15:05,640 I think it could be a lot of chop from now until November. 289 00:15:07,160 --> 00:15:11,680 I think you do see the Fed probably move to cut rates and 290 00:15:11,680 --> 00:15:16,680 probably, yeah. That's my favorite meme, 291 00:15:16,800 --> 00:15:18,160 brother. What's that brother? 292 00:15:18,160 --> 00:15:20,760 Oh, brother. Wow. 293 00:15:21,360 --> 00:15:26,800 I love that guy. I think I think product market 294 00:15:26,800 --> 00:15:29,600 fits there with meme points and I think Solana as a chain is 295 00:15:29,600 --> 00:15:31,960 going to be round multi cycle. So like, obviously I think 296 00:15:32,000 --> 00:15:34,480 memes, memes will hit a billion on Solana. 297 00:15:35,240 --> 00:15:38,760 I think this is the wrong way of looking at it because I think, I 298 00:15:38,760 --> 00:15:41,480 guess what I'm trying to say is I'm not too sure if now until 299 00:15:41,480 --> 00:15:45,920 November is the time to own 500 million plus meme coins on the 300 00:15:45,920 --> 00:15:48,280 hope that they hit a billion. I think I honestly think I've 301 00:15:48,280 --> 00:15:51,040 been I've said that for the last month, I thought that was the 302 00:15:51,040 --> 00:15:52,480 most dangerous bit of the market. 303 00:15:52,760 --> 00:15:54,920 And I think it still is the most dangerous bit of the market. 304 00:15:54,920 --> 00:15:58,760 Like the higher, the higher. Because I, I actually think a 305 00:15:58,760 --> 00:16:00,880 lot of when you actually talk to people about what their upside 306 00:16:00,880 --> 00:16:03,280 is for a lot of those meme coins, apart from, you know, 307 00:16:03,520 --> 00:16:06,880 Pepe to 69 billion, is that most of them are hoping for like a 308 00:16:06,880 --> 00:16:09,880 2X. And I think honestly, that's 309 00:16:09,880 --> 00:16:11,800 what people in Solana are hoping for as well. 310 00:16:12,920 --> 00:16:16,120 Like people hoping that mog goes to a billion, that's a 2X. 311 00:16:16,120 --> 00:16:19,160 People hoping that I think for Pepe, you'd be hoping it goes to 312 00:16:19,160 --> 00:16:21,760 like right now, probably like 6-7 billion. 313 00:16:21,760 --> 00:16:23,440 That'd be like a fucking win, right? 314 00:16:23,800 --> 00:16:25,840 But again, like we're kind of talking about two XS here. 315 00:16:26,200 --> 00:16:30,040 So I, I just find the upside the same as some of the majors here 316 00:16:30,040 --> 00:16:34,200 and I find the downside 2X on Bitcoin is 110 Ki think a lot of 317 00:16:34,200 --> 00:16:37,800 people think Bitcoin's going to hit 110 K like a lot of people. 318 00:16:40,440 --> 00:16:42,960 And that's what scares me because I think the downside is 319 00:16:42,960 --> 00:16:46,320 way higher in these things. So I think a lot of people when 320 00:16:46,320 --> 00:16:50,640 they look at trades and this is something I noticed from being a 321 00:16:50,640 --> 00:16:54,760 crypto versus my old job, is that everyone calculates their 322 00:16:54,760 --> 00:16:57,200 upside. Everyone sits there and goes 323 00:16:57,200 --> 00:16:59,040 like, this is how much I will make. 324 00:16:59,240 --> 00:17:02,080 If this does a 2X, they buy their bag and they go like, 325 00:17:02,560 --> 00:17:05,160 right, this is going to do X. There's so much fun I've made. 326 00:17:05,920 --> 00:17:09,760 And then no one calculates their downside like no one where. 327 00:17:10,160 --> 00:17:12,440 And that's something to really pay attention to because right 328 00:17:12,440 --> 00:17:15,599 now people who are in the majors are hoping for a 2X. 329 00:17:15,640 --> 00:17:19,760 You know, if if predicted could go to 5K, Solana could easily go 330 00:17:19,760 --> 00:17:22,200 to 300 Bitcoin could easily go to 110 K. 331 00:17:22,200 --> 00:17:25,160 Like I think all of those three could happen with pretty decent 332 00:17:25,160 --> 00:17:29,520 certainty. I I think the with meme coins 333 00:17:29,520 --> 00:17:32,720 right now, a lot of people are hoping for that 2X star return 334 00:17:32,720 --> 00:17:34,600 again and I think that's just dangerous. 335 00:17:35,840 --> 00:17:38,920 Yeah, you're right. You make a you make a really 336 00:17:38,920 --> 00:17:40,640 good point. And I think that's how a lot of 337 00:17:40,640 --> 00:17:42,560 people think, right. If like we talked about 338 00:17:42,560 --> 00:17:46,280 yesterday, Tyler with pups, if it goes to that, how much do I 339 00:17:46,280 --> 00:17:49,080 make? And we got dude that shit is sub 340 00:17:49,080 --> 00:17:51,240 20 mil right now. Bro This I can't even like. 341 00:17:51,920 --> 00:17:54,400 That's very different though. I think if you're sitting there 342 00:17:54,400 --> 00:17:58,120 going like that can go to 100 million, that's a 5X like this 343 00:17:58,120 --> 00:18:00,960 is what I said to you. You can gamble on stuff below 50 344 00:18:00,960 --> 00:18:02,840 million I think pretty well here. 345 00:18:02,840 --> 00:18:05,280 I think there's really good opportunities like triple, 346 00:18:05,280 --> 00:18:11,240 quadruple your bag in that sub 100 million range. 100%. 347 00:18:12,160 --> 00:18:14,760 Because I think people actually have higher price targets. 348 00:18:15,600 --> 00:18:17,120 They genuinely do. If you trade something straight 349 00:18:17,120 --> 00:18:19,240 at 20 million, you can be like, yeah, look, I think this could 350 00:18:19,240 --> 00:18:24,720 go to. 105 X right whereas 1/2 a billion you're looking for a 2X 351 00:18:24,720 --> 00:18:27,800 and I like that so Tyler let's actually go to you because I'm 352 00:18:27,800 --> 00:18:30,240 I'm assuming that you're going to talk a little bit about some 353 00:18:30,640 --> 00:18:33,360 some some meme coins and whatnot but I, I I totally agree with 354 00:18:33,360 --> 00:18:36,400 that and I've been sort of trying to position myself 355 00:18:36,400 --> 00:18:44,640 Liberia accordingly. 4 daily NFT and crypto analysis Tyler D on 356 00:18:44,920 --> 00:18:50,960 FOMO our calls the kids can. Bring the Bastion bears, all 357 00:18:50,960 --> 00:18:52,200 right, we have some green on the board. 358 00:18:52,200 --> 00:18:59,000 Crypto made to 20% Ash Solana leading at 140 E salts biggest 359 00:18:59,000 --> 00:19:03,560 day of inflows since the launch with 49 million in those ETS so 360 00:19:03,560 --> 00:19:08,240 shut out those we saw similar scientific they bought $6 361 00:19:08,240 --> 00:19:11,080 million worth of Bitcoin on Monday, the latest company to do 362 00:19:11,080 --> 00:19:13,640 so. They also filed to raise $150 363 00:19:13,640 --> 00:19:17,560 million more to continue buying. So that was a big headline moon 364 00:19:17,560 --> 00:19:20,240 pay a good friend there. They saw their biggest volume 365 00:19:20,240 --> 00:19:24,560 day since April on Monday's dip and then 92% of the action was 366 00:19:24,560 --> 00:19:27,120 buy volume. So the the moon pay crowd, they 367 00:19:27,120 --> 00:19:31,160 were slamming the buy button. And then we saw elements raise 368 00:19:31,160 --> 00:19:34,720 $2,000,000 for on chain commodities, their ecosystem on 369 00:19:34,720 --> 00:19:36,760 Solana. So we've been tracking them for 370 00:19:36,760 --> 00:19:38,760 a bit. Kudos to them on the rays in 371 00:19:38,760 --> 00:19:42,920 memes, Meme leaders recovering 20 to 30%, mid tiers up 40 to 372 00:19:42,920 --> 00:19:45,680 70%. And a huge Green Day was token 373 00:19:45,680 --> 00:19:49,600 crossed $200 million, leading the way for the new meme crowd, 374 00:19:49,920 --> 00:19:51,400 DJT. Oh no. 375 00:19:52,480 --> 00:19:56,280 And then saved $2,000,000 and pulled the liquidity. 376 00:19:56,280 --> 00:19:58,320 So it looks like that one is over. 377 00:19:58,640 --> 00:20:01,880 In other meme news, we saw Pack Moon, they burned 50% of the 378 00:20:01,880 --> 00:20:04,080 team supply ahead of the upcoming bridge. 379 00:20:04,280 --> 00:20:07,040 That moved the token up 45% to 6,000,000 bucks. 380 00:20:07,040 --> 00:20:10,160 And then Caitlyn Jenner, controversial here, launching 381 00:20:10,160 --> 00:20:14,280 another meme coin now tied to her 1976 Olympic gold medal, 382 00:20:14,560 --> 00:20:17,080 represented by an NFT which would be fractionalized on base, 383 00:20:17,760 --> 00:20:20,400 and then distributed the 100 million medal. 384 00:20:21,520 --> 00:20:24,840 So that's so she's she's back for more and NFT news Jack 385 00:20:24,840 --> 00:20:27,760 Butcher big surprise. So he dropped the new O Pepin 386 00:20:27,760 --> 00:20:30,800 twist with freedom to opt out. It enables those who choose it 387 00:20:31,160 --> 00:20:33,920 to no longer participate in the O Pepin protocol. 388 00:20:33,920 --> 00:20:37,400 Instead, they'll receive an NFT from a new contract. 389 00:20:37,400 --> 00:20:39,320 We've already seen some big action on that. 390 00:20:39,320 --> 00:20:42,840 And then Danny Cole shout out blast from the past. 391 00:20:43,200 --> 00:20:46,200 Danny Cole teased the return of Creature World with no 392 00:20:46,200 --> 00:20:51,800 additional details. I saw that decentralization 393 00:20:52,640 --> 00:20:56,360 community. Satoshi I mean. 394 00:20:59,120 --> 00:21:00,720 We've lost Tyler again, but brother. 395 00:21:02,040 --> 00:21:06,400 We lost him dude. What is up with I have to say I, 396 00:21:06,400 --> 00:21:08,920 I we're going to have to hate on Chicago for quite a bit. 397 00:21:09,480 --> 00:21:13,480 I'm sorry for any with Chicago Yans in the in the audience, but 398 00:21:13,480 --> 00:21:16,080 y'all, y'all have some terrible Wi-Fi men. 399 00:21:16,360 --> 00:21:22,960 It even even men though I mean bum fuck, Portugal has working 400 00:21:22,960 --> 00:21:23,720 Wi-Fi. Yeah, what? 401 00:21:24,960 --> 00:21:27,840 What did you guys lose me? Did I get through my Danny Cole? 402 00:21:28,280 --> 00:21:29,800 Yeah. No, no, we, you went through the 403 00:21:29,800 --> 00:21:30,480 end. You went through the end. 404 00:21:30,480 --> 00:21:33,440 We were just laughing about the decentralization. 405 00:21:34,120 --> 00:21:37,120 Didn't he was asking back to do a do an open edition? 406 00:21:38,240 --> 00:21:40,480 Who? He did do an open edition, that 407 00:21:40,520 --> 00:21:41,520 was correct. So here's the thing. 408 00:21:41,520 --> 00:21:43,360 You forget. You forget all of the the 409 00:21:43,960 --> 00:21:44,640 things. No, I don't. 410 00:21:44,880 --> 00:21:48,160 I don't remember. I, I remember the, the, the open 411 00:21:48,160 --> 00:21:50,480 edition. I remember that. 412 00:21:50,480 --> 00:21:53,000 I guess we'll see what, what he comes up with next. 413 00:21:53,000 --> 00:21:55,600 I mean, shit, where do I even start here? 414 00:21:55,640 --> 00:21:57,400 Why don't we start with Caitlyn Jenner here? 415 00:21:57,840 --> 00:21:59,280 Because I thought that one was funny. 416 00:21:59,320 --> 00:22:03,720 I saw the, I saw the, the leagues from the Twitter DM that 417 00:22:03,720 --> 00:22:08,280 I think Lawrence posted. So it seems like Caitlyn 418 00:22:08,280 --> 00:22:11,160 Jenner's in a fractionalized Olympic gold medal. 419 00:22:11,360 --> 00:22:16,240 Is that what's going on, Tyler? Yes, this is her 1976 Olympic 420 00:22:16,240 --> 00:22:19,480 gold medal. This was her final meet. 421 00:22:19,480 --> 00:22:23,960 So like in in theory by the the most valuable asset she has this 422 00:22:23,960 --> 00:22:28,120 when she won the Olympic decathlon again as Bruce Jenner, 423 00:22:28,640 --> 00:22:30,960 she knew she was retiring afterwards. 424 00:22:31,320 --> 00:22:33,760 The logistics of how this is going to work, that gold medal, 425 00:22:37,160 --> 00:22:39,640 they're going to store it in a secure token vault and they're 426 00:22:39,640 --> 00:22:43,920 going to 100 million of these metal tokens. 427 00:22:44,600 --> 00:22:47,720 And there's quote from a decrypt article maps to the provable 428 00:22:47,720 --> 00:22:50,320 metadata, the legally binding contract signed by Jenner 429 00:22:50,320 --> 00:22:52,600 showing ownership of the Rio Olympic gold medal. 430 00:22:52,600 --> 00:22:56,800 So they're, they're showing this will be somehow tied to the gold 431 00:22:56,800 --> 00:22:59,480 medal itself. That the actual collectible, the 432 00:22:59,480 --> 00:23:02,720 rollout supposedly is going to be a fair launch and it's coming 433 00:23:02,720 --> 00:23:06,000 on Thursday. And yeah, the, the infamous DNS 434 00:23:06,000 --> 00:23:08,680 that are, they're going around from everyone they're trying to 435 00:23:08,800 --> 00:23:11,280 to get plugged in. And for disclosure, I am not 436 00:23:11,280 --> 00:23:13,360 plugged in on this. I'm simply reporting on this. 437 00:23:13,360 --> 00:23:16,600 Because I mean. So what, we can buy 50? 438 00:23:16,600 --> 00:23:21,160 So Kobe's saying someone should buy 51% of the token supply and 439 00:23:21,160 --> 00:23:23,520 then sue Jenner to take custody of the metal? 440 00:23:24,280 --> 00:23:25,760 Are we? Are we forming a Dow here? 441 00:23:27,520 --> 00:23:29,560 I don't know, man, like what the fuck's going on? 442 00:23:29,800 --> 00:23:34,400 I I heard he's, I heard like, I don't know. 443 00:23:34,600 --> 00:23:37,320 I've heard a bunch of influencers have been checked 444 00:23:37,440 --> 00:23:41,360 about doing this, have you not? You can get Adm about this. 445 00:23:41,400 --> 00:23:44,120 Wiz sent me. AI know Wiz is gone this. 446 00:23:44,640 --> 00:23:46,840 Is not the, this is. Not following me, Caitlyn. 447 00:23:46,840 --> 00:23:49,040 Jenna's not following me because I think we talked shit this one 448 00:23:49,040 --> 00:23:53,400 time on the show. I let me see. 449 00:23:53,400 --> 00:23:55,200 I did not get the DM. Wow, look at that. 450 00:23:55,200 --> 00:23:57,280 Look at that. Washed. 451 00:23:57,280 --> 00:23:58,840 You're washed. You're washed up these days. 452 00:23:59,000 --> 00:24:00,960 Completely washed dude. I like it though. 453 00:24:01,080 --> 00:24:04,280 I'll take the wash arc better than whatever it was 20/21 was. 454 00:24:05,240 --> 00:24:06,600 Let's see, did you guys get it? Tyler did. 455 00:24:06,600 --> 00:24:10,080 You get the DMI did. Oh, I did. 456 00:24:12,360 --> 00:24:16,480 That's gone fluent soul. I did not, I need to clear the I 457 00:24:16,480 --> 00:24:18,040 did not. I did not respond to it and I'm 458 00:24:18,040 --> 00:24:20,240 not in no way is affiliated. With. 459 00:24:22,400 --> 00:24:24,760 That you told about it though. You did you. 460 00:24:25,120 --> 00:24:27,480 Did about it. I did tweet about it you. 461 00:24:27,640 --> 00:24:29,680 Are pinging it up on the show today. 462 00:24:29,680 --> 00:24:34,920 Interesting. I'm happy to share all the 463 00:24:34,920 --> 00:24:40,120 receipts. What is interesting here is it's 464 00:24:40,120 --> 00:24:41,720 actually backed by the gold medal or not. 465 00:24:41,720 --> 00:24:44,040 So like later in the article, it says while the token is inspired 466 00:24:44,040 --> 00:24:46,800 by the medal, ownership of the tokens convey no rights. 467 00:24:47,040 --> 00:24:49,760 Are we being paid for this segment at this stage? 468 00:24:50,000 --> 00:24:54,880 Hold on, hold on, Bernie. Bernie is Bernie. 469 00:24:54,880 --> 00:24:57,600 Listening is FOMO. We're getting paid for this. 470 00:25:01,600 --> 00:25:03,520 It was taking the piss of Tyler the comments. 471 00:25:05,120 --> 00:25:10,720 Unbelievable. Everyone. 472 00:25:11,480 --> 00:25:14,400 You you install Jakey about to go there and film was short at 473 00:25:14,640 --> 00:25:17,480 at the Jenna mansion in Malibu. Whatever it is. 474 00:25:17,760 --> 00:25:19,880 Is that are you taking Caitlyn Jenner on a date? 475 00:25:21,600 --> 00:25:24,400 That that is not that is not something that is happening. 476 00:25:24,600 --> 00:25:27,160 What does the woman hearing a cat think about that? 477 00:25:28,160 --> 00:25:32,400 Yes, that's another celebrity that we that we talked to on 478 00:25:32,400 --> 00:25:34,280 this show. That was a fun of you. 479 00:25:35,920 --> 00:25:37,440 That was. Nothing this market hates more 480 00:25:37,440 --> 00:25:38,720 than the the celebrity meme ones. 481 00:25:38,720 --> 00:25:42,480 I think that much is like a a pretty clear fact. 482 00:25:43,040 --> 00:25:44,680 Yeah. That was that was that was 483 00:25:44,680 --> 00:25:46,840 definitely that's definitely interesting. 484 00:25:47,960 --> 00:25:53,040 An interesting one here. Anyways, I'm looking at what I 485 00:25:53,040 --> 00:25:54,680 was saying. Pack one Tyler, that that's a 486 00:25:54,880 --> 00:25:56,560 that's a topic. I mean, tell me more about pack 487 00:25:56,560 --> 00:25:58,520 one because we we've been mentioning quite a few times on 488 00:25:58,520 --> 00:26:01,000 the show lately. Yeah, so the the they've been 489 00:26:01,000 --> 00:26:04,720 generating hype. I mean the blast ecosystem, not 490 00:26:04,720 --> 00:26:07,480 a whole lot of activity. They've been teasing this bridge 491 00:26:07,480 --> 00:26:13,040 or multi chain exit of of some kind and they've seemingly 492 00:26:13,040 --> 00:26:15,440 narrowed it down to ETH or Solana. 493 00:26:15,800 --> 00:26:18,920 And now the latest the, the team burned half their tokens. 494 00:26:19,560 --> 00:26:22,440 So like they're, I actually haven't checked in on, on if the 495 00:26:22,480 --> 00:26:27,920 DEX has updated their, the reduction in the FTV, but like 496 00:26:27,920 --> 00:26:31,520 the FTV was fairly significantly higher than the market cap on 497 00:26:31,520 --> 00:26:34,840 this one for a while now. And so that's going to those two 498 00:26:34,840 --> 00:26:36,200 are going to trade closer in line. 499 00:26:36,200 --> 00:26:39,200 I mean, the Mando's saying like you get burned in the $500 500 00:26:39,200 --> 00:26:42,560 million tokens, which I agree with or you, you, you, you set 501 00:26:42,560 --> 00:26:46,360 yourself up to get burned pack. Is it right? 502 00:26:46,360 --> 00:26:49,720 And, and 90% off all time high. And I think a lot of folks that 503 00:26:49,720 --> 00:26:52,880 have looked at that and say like this is an interesting potential 504 00:26:53,000 --> 00:26:55,040 trade here. Like the last time we saw 505 00:26:55,400 --> 00:26:58,720 someone bridge off of a chain and go on to Solana, it was pups 506 00:26:59,000 --> 00:27:01,120 and it led to the handsome explosion. 507 00:27:02,640 --> 00:27:04,600 Is that going to happen again? Like, probably not to that 508 00:27:04,600 --> 00:27:07,520 degree, right? But I, I also stuff about it 509 00:27:07,520 --> 00:27:09,960 because I thought about buying some because I agree the risk 510 00:27:09,960 --> 00:27:12,360 reward. I like these coins of which epic 511 00:27:12,360 --> 00:27:15,440 is one like the coins which are like 20 million on that bounce 512 00:27:15,440 --> 00:27:19,280 or there were some which really got put in that region even 513 00:27:19,280 --> 00:27:23,640 yesterday. The I think the issue is, is 514 00:27:23,640 --> 00:27:26,240 just that how it's going to get done because I thought about 515 00:27:26,240 --> 00:27:27,600 buying someone. I was like, well, you'll you'll 516 00:27:27,600 --> 00:27:30,200 have to burn. I think there'll have to be a 517 00:27:30,200 --> 00:27:33,920 burn to redeem if it's going to be a non EVM, which seems 518 00:27:34,040 --> 00:27:40,000 likely. And then you have like 2 tokens 519 00:27:40,000 --> 00:27:44,440 trading one let's say on Solano and one on blast and like title 520 00:27:44,440 --> 00:27:49,160 has gone like that might make it a little bit messy, but I do 521 00:27:49,160 --> 00:27:51,760 think the upside's there like PAX won with a how many 522 00:27:51,760 --> 00:27:54,000 followers do they have like 150 thousand or something like that. 523 00:27:54,600 --> 00:27:58,560 I know it's. They have 201,000. 524 00:27:59,000 --> 00:28:02,560 Right, they have 201 thousand, they have 100,000 holders. 525 00:28:03,960 --> 00:28:07,960 I would say that it is a meme of blast like. 526 00:28:08,040 --> 00:28:12,080 That's the thing. PAC Moon, it's after Pac-Man. 527 00:28:13,080 --> 00:28:16,680 But I do think, you know, it's probably worth more than some of 528 00:28:16,680 --> 00:28:18,520 the other shifters that we have on on soul. 529 00:28:18,520 --> 00:28:21,080 So yeah. But it's just it's just the 530 00:28:21,160 --> 00:28:23,160 mechanics of it, of the thing that kind of made me think, Oh 531 00:28:23,200 --> 00:28:24,520 yeah. But then you have two coins, 532 00:28:24,520 --> 00:28:27,960 probably trading and. That's if it's Solana. 533 00:28:28,080 --> 00:28:30,680 That's if it's Solana that they've, yeah. 534 00:28:31,440 --> 00:28:34,240 That's if it's Solani. What other What other chamber 535 00:28:34,240 --> 00:28:36,120 they do it on? I mean it's between Ethereum and 536 00:28:36,120 --> 00:28:37,360 Solana. Yeah. 537 00:28:39,840 --> 00:28:42,200 I don't know, Tyler yesterday seemed to say that it could be 538 00:28:42,240 --> 00:28:44,840 an Ethereum pick. I guess it does make the 539 00:28:44,840 --> 00:28:48,000 bridging easier because blasts on is a theory amount too. 540 00:28:49,000 --> 00:28:52,920 If it's on a ETH then it would be it would be pretty easy. 541 00:28:52,920 --> 00:28:57,360 Imagine like you could have a wormhole style bridge I think. 542 00:28:57,400 --> 00:28:59,680 I think they could make it happen on these pretty quickly 543 00:29:00,160 --> 00:29:03,080 but you still have two coins. I guess it's more like MOG, you 544 00:29:03,080 --> 00:29:04,440 know, like where it trades on both. 545 00:29:06,240 --> 00:29:08,320 Yeah. I'm trying to find their 546 00:29:08,320 --> 00:29:09,840 holders. I'm not able to find it, but I 547 00:29:09,840 --> 00:29:13,080 have to imagine like they've got a massive holder base, you know, 548 00:29:13,080 --> 00:29:15,320 compared to. The blast, I think it's blast 549 00:29:15,680 --> 00:29:17,560 scan. You could, yeah, there is. 550 00:29:17,560 --> 00:29:21,720 You have to go to blast, scan that IO and then the screen. 551 00:29:22,080 --> 00:29:27,840 It says 100,000 holders. Yeah, wow, on here it says yeah 552 00:29:27,840 --> 00:29:31,920 100,405 exactly. So that's probably a top 20 553 00:29:32,320 --> 00:29:40,400 holder count, right? It's a lot dude. 100K a lot it's 554 00:29:40,520 --> 00:29:41,920 you. See, I don't know if you saw 555 00:29:41,960 --> 00:29:44,680 this today, but must stop Murad. The guy's been doing all the 556 00:29:44,680 --> 00:29:50,400 meme coin stuff. So he put out and now analyzing 557 00:29:50,400 --> 00:29:52,880 Ethereum meme coins above $15 million market cap. 558 00:29:53,800 --> 00:29:55,960 And it's interesting that he looks at it the other way 559 00:29:55,960 --> 00:29:58,400 around. What do you mean? 560 00:29:58,400 --> 00:30:03,760 So if you bring up his channel and you bring up his tweet. 561 00:30:04,360 --> 00:30:05,640 Hold on. Computer's lagging. 562 00:30:05,800 --> 00:30:06,640 OK? Oh, I'm back. 563 00:30:06,640 --> 00:30:07,360 OK. Where is it? 564 00:30:08,280 --> 00:30:09,920 This one? This is it. 565 00:30:10,400 --> 00:30:17,400 Yeah, yeah, this one. So he has MOG as good because it 566 00:30:17,400 --> 00:30:20,160 has fewer holders. Yeah, but see that's not 567 00:30:20,160 --> 00:30:21,880 accurate because it doesn't count base. 568 00:30:22,280 --> 00:30:23,880 Doesn't matter. I guess what I'm trying to say 569 00:30:23,880 --> 00:30:27,600 is that he's looking at meme coins the other way round. 570 00:30:29,040 --> 00:30:37,000 So he's looking at cults of buy conviction bag holders above a 571 00:30:37,000 --> 00:30:40,000 certain level and those are the ones he's buying, which I 572 00:30:40,000 --> 00:30:43,200 thought was just interesting. Like that is a logic that that 573 00:30:43,200 --> 00:30:48,000 does breed cults, but it also breeds like horrific wigs. 574 00:30:49,640 --> 00:30:52,520 I mean it does, but The thing is aren't controlled for flight 575 00:30:52,560 --> 00:30:56,840 tokens better in a way than tokens owned by a fuck ton of 576 00:30:56,840 --> 00:30:58,600 people? How did Pepe start? 577 00:30:59,520 --> 00:31:03,960 It wasn't as a they. Pepe has a lot of holders, has 578 00:31:03,960 --> 00:31:08,640 100 and 200,000 holders. No, it always had a decent but. 579 00:31:08,640 --> 00:31:11,480 Most of the supply was in the hands of the top ten. 580 00:31:11,840 --> 00:31:16,240 Top 100 let's say, right? Yeah, yeah, look at Brett. 581 00:31:18,760 --> 00:31:20,400 Yeah, I don't disagree. This basically what I'm trying 582 00:31:20,400 --> 00:31:22,760 to say is I think these can run up quite well. 583 00:31:22,760 --> 00:31:25,320 These are good coins on the run up. 584 00:31:25,560 --> 00:31:28,080 But once they've reached their, let's say, terminal velocity, 585 00:31:29,240 --> 00:31:31,800 they also can be like really horrific on the way down. 586 00:31:32,960 --> 00:31:35,080 I just thought it was interesting as a person who's 587 00:31:35,080 --> 00:31:37,760 like he, I guess his strategy is to build cults. 588 00:31:38,360 --> 00:31:41,160 I would say Pack Noon is a cult. You know, it does feel a little 589 00:31:41,160 --> 00:31:46,200 Gaulty, but he would not buy that because of this. 590 00:31:46,360 --> 00:31:52,040 He wants to buy low low number numbers of all this. 591 00:31:52,440 --> 00:31:54,000 Yeah. What do you think, Tyler? 592 00:31:54,680 --> 00:31:55,960 It's interesting. I think it's a little bit 593 00:31:55,960 --> 00:32:00,600 contrarian, which you always have to to take a deeper look at 594 00:32:01,200 --> 00:32:02,800 there. There's clearly something to it. 595 00:32:02,800 --> 00:32:06,320 It just yeah, that the wrist just feels so much higher. 596 00:32:06,320 --> 00:32:09,400 Just like when you know that you've got the holders who are 597 00:32:09,400 --> 00:32:13,240 just up so much on this. But I guess the upside is 598 00:32:13,240 --> 00:32:17,560 there's more you you have a lot more holders to potentially come 599 00:32:17,600 --> 00:32:21,720 and like they reach this this far with a with a or. 600 00:32:22,160 --> 00:32:23,960 So I think that logic makes sense to me. 601 00:32:25,640 --> 00:32:27,960 Murad, I mean, he's putting out some interesting content and I 602 00:32:27,960 --> 00:32:29,280 mean a lot of these coins. Are doing well. 603 00:32:29,600 --> 00:32:32,400 You can't ignore them. We should get Morados. 604 00:32:32,400 --> 00:32:40,760 Does he dogs voice dogs? He's the ex fund manager who as 605 00:32:40,760 --> 00:32:42,320 far as I'm aware, blew himself up. 606 00:32:44,360 --> 00:32:48,600 Wait, like I. Don't know what you mean. 607 00:32:49,080 --> 00:32:56,920 I mean like the fund blew up in. 2000. 18, 2019 I was hearing, I 608 00:32:56,920 --> 00:32:59,920 was hearing it on the the Brockway spot a lot Quirk 609 00:32:59,920 --> 00:33:01,760 podcast. They were talking about him as 610 00:33:01,760 --> 00:33:03,280 well. And he's like a well known fund 611 00:33:03,280 --> 00:33:05,960 manager from the last cycle who blew up the fund and is now 612 00:33:05,960 --> 00:33:10,680 restarted with meme coins. So this is a fun play. 613 00:33:10,680 --> 00:33:16,360 This isn't just like him. And yeah, I just, I just don't 614 00:33:16,360 --> 00:33:19,080 know if someone gave me $100 million to invest in meme coins. 615 00:33:19,640 --> 00:33:21,520 I don't know if I'd do it how he did it. 616 00:33:21,520 --> 00:33:25,080 Let's put it that way. Like I think he's got, he's 617 00:33:25,080 --> 00:33:31,880 basically playing long term cults and I, I, I feel as though 618 00:33:32,480 --> 00:33:35,000 there's a lot of cults that he's investing in. 619 00:33:35,240 --> 00:33:37,960 And I feel as though even with cults, they sometimes have like 620 00:33:37,960 --> 00:33:42,200 a timeline. And because he's often investing 621 00:33:42,200 --> 00:33:46,960 in these low number, low number of holders, high FTV coins, 622 00:33:47,320 --> 00:33:50,920 which obviously does, does like feed into that narrative as 623 00:33:50,920 --> 00:33:53,800 well. You know, on days like 624 00:33:53,840 --> 00:33:57,120 yesterday, you know, everyone's getting wrecked. 625 00:33:58,240 --> 00:34:01,960 I own like $2,000,000 of some random meme coin like yeah, OK, 626 00:34:02,400 --> 00:34:04,760 it's it's time to sell. You know what I mean? 627 00:34:05,440 --> 00:34:09,159 I feel like it's, it's very dependent on the bull market 628 00:34:09,560 --> 00:34:14,880 continuing with strength. If you start to see weakness, 629 00:34:14,880 --> 00:34:18,280 you'll get days like yesterday. I bet all those coins I bet 630 00:34:18,400 --> 00:34:22,080 other than the low FTV coins, I bet they they got destroyed that 631 00:34:22,080 --> 00:34:25,639 portfolio yesterday. Yeah, yeah, a lot of coins got 632 00:34:25,639 --> 00:34:27,040 absolutely true that that makes sense. 633 00:34:28,159 --> 00:34:30,920 That makes a lot of sense. And I agree we should get him 634 00:34:30,920 --> 00:34:32,360 right on the show. I think. 635 00:34:32,360 --> 00:34:33,600 I think that would be a fun 1:00. 636 00:34:33,719 --> 00:34:37,080 I definitely want to get his ass on and hear it from him and and 637 00:34:37,080 --> 00:34:38,400 how he thinks about that. So we'll send him. 638 00:34:38,639 --> 00:34:41,080 We'll send him. We'll send him a little DM. 639 00:34:41,080 --> 00:34:43,120 I see Agent Loveless in the in the studio. 640 00:34:43,120 --> 00:34:45,440 We'll get you in a minute here. But Tyler, is there anything 641 00:34:45,440 --> 00:34:48,600 else that you wanted to touch on this morning from your talk? 642 00:34:48,679 --> 00:34:50,639 We're talking about controversial meme coin, so why 643 00:34:50,639 --> 00:34:52,040 not do another one? But Nero? 644 00:34:52,040 --> 00:34:54,239 I mean, Nero's at 213 million right now. 645 00:34:54,280 --> 00:34:56,679 Yeah, it is. I mean, it ripped. 646 00:34:56,840 --> 00:35:00,280 It was the first coin to rip while the markets were still red 647 00:35:00,280 --> 00:35:03,440 yesterday. And, you know, bubble maps have 648 00:35:03,440 --> 00:35:05,200 been putting out like the insiders are selling. 649 00:35:05,200 --> 00:35:07,160 I've seen folks in the comments defending it and saying that 650 00:35:07,160 --> 00:35:08,480 those are effectively market makers. 651 00:35:08,480 --> 00:35:12,480 So I haven't done like to do the deep dive diligence on chain to 652 00:35:12,480 --> 00:35:16,960 know exactly what's happening here, but it's clearly like the 653 00:35:16,960 --> 00:35:21,000 strongest new coin. But now it is in this Dane where 654 00:35:21,000 --> 00:35:24,200 like if you like, once a coin hits 100 to 200 million, like 655 00:35:24,200 --> 00:35:30,920 this is where lately on Solana gone like, OK, we got the 200 656 00:35:30,920 --> 00:35:33,200 million. Let's let's do it with the next 657 00:35:33,200 --> 00:35:34,520 one. So like Ethan? 658 00:35:35,400 --> 00:35:39,880 I know Ethan is definitely different, so I, I, I would not, 659 00:35:40,000 --> 00:35:42,320 I'm not shorting this, let's just say that. 660 00:35:43,040 --> 00:35:46,280 Yeah, I'm just going to. Yeah, we'll see. 661 00:35:46,280 --> 00:35:50,840 I mean, whatever Cabal is running that Nero shit, he'll 662 00:35:50,840 --> 00:35:54,960 stop next time. I I don't know, man, Like 663 00:35:54,960 --> 00:35:59,520 everybody zigged towards like not every zagged towards Solana 664 00:35:59,520 --> 00:36:02,160 Nero's while everybody was fighting about which was the 665 00:36:02,160 --> 00:36:04,880 real one. And then whoever zigged and went 666 00:36:04,880 --> 00:36:09,080 the theorem way is winning bigly because that way I went 667 00:36:09,080 --> 00:36:11,440 definitely they got. Wiz. 668 00:36:11,480 --> 00:36:14,240 I mean, Wiz talks about Nero like at least once per day. 669 00:36:15,160 --> 00:36:18,640 Yeah, it's not multiple times. See, Wiz tapped into the Cabal. 670 00:36:18,640 --> 00:36:21,440 You know, we got to get we got to get Wiz to that. 671 00:36:21,440 --> 00:36:23,800 We're like a homies with Wiz. And then my friend didn't tell 672 00:36:23,800 --> 00:36:26,640 us this shit. You know, Wizard of Soho, this 673 00:36:26,800 --> 00:36:27,640 is me calling you out.