1 00:00:00,320 --> 00:00:07,400 Good morning, good morning GMGM everyone, and welcome to another 2 00:00:07,400 --> 00:00:15,400 episode of Omo Howard Today. Today is Friday, May 16th, 2025. 3 00:00:15,600 --> 00:00:20,120 Books Sun is shining, the coins are green. 4 00:00:21,200 --> 00:00:23,120 Feels like we're set up for a bullish weekend here. 5 00:00:23,120 --> 00:00:26,000 I'm being told in the studio that it's Spark Coin Friday. 6 00:00:26,320 --> 00:00:29,280 I'm learning this in real time. We're going to find out together 7 00:00:29,480 --> 00:00:31,600 exactly what that means on today's show. 8 00:00:31,600 --> 00:00:35,080 We've got a lot to talk about. I've got my Co host in the 9 00:00:35,080 --> 00:00:36,160 house. Baroque is back. 10 00:00:36,480 --> 00:00:39,600 We've got Logan as well. Boys GM, how you doing Baroque 11 00:00:39,600 --> 00:00:41,280 live from Toronto? How's consensus? 12 00:00:41,600 --> 00:00:44,080 Live for Toronto, eh? You know they speak weird here. 13 00:00:45,600 --> 00:00:48,600 We're here. You know, I got to tell you I 14 00:00:48,600 --> 00:00:52,160 came to Toronto to make sure the Leafs lose and as soon as I got 15 00:00:52,160 --> 00:00:54,600 here, they got their asses group 6/1 the other night by the 16 00:00:54,600 --> 00:00:58,000 Panthers and tonight it makes they could be getting knocked 17 00:00:58,000 --> 00:01:00,080 out of the playoffs. So that's why I'm here. 18 00:01:00,680 --> 00:01:02,440 Tyler. Things are great. 19 00:01:02,440 --> 00:01:03,800 Things are great. I love the energy. 20 00:01:04,160 --> 00:01:07,240 Consensus is, see, like my favorite conference every time, 21 00:01:07,680 --> 00:01:09,520 whether it's in Hong Kong or anywhere they do it. 22 00:01:09,680 --> 00:01:11,920 And I have to say, I have to give it to the Coindesk team. 23 00:01:12,400 --> 00:01:14,360 This is one of the highest quality conferences. 24 00:01:14,360 --> 00:01:17,040 I've been out again, again and again to keep doing it. 25 00:01:17,040 --> 00:01:19,480 And I say that every time they do it, but it's really good. 26 00:01:20,080 --> 00:01:22,560 Yeah, they're really strong. I went to the the consensus in 27 00:01:22,560 --> 00:01:25,160 Austin a couple months back. See, that's the one that just 28 00:01:25,200 --> 00:01:27,600 moved up here. It's impressive, man. 29 00:01:27,760 --> 00:01:30,040 It's impressive. Yeah, a lot of high caliber 30 00:01:30,040 --> 00:01:33,000 folks, really, really well done. So shout out to Coin Desk that 31 00:01:35,280 --> 00:01:37,000 looks like we got Mando during the studio. 32 00:01:37,520 --> 00:01:42,760 Look at his new background as well rocking the. 33 00:01:42,880 --> 00:01:46,480 Shirt we love. It rocking the shirt today. 34 00:01:46,480 --> 00:01:48,120 I think I've got a different background actually, maybe one 35 00:01:48,120 --> 00:01:50,680 because my head when it's black like this, it just kind of. 36 00:01:51,120 --> 00:01:52,920 Yeah. You know, it just kind of gets 37 00:01:52,920 --> 00:01:54,960 you. That's all right, Mano. 38 00:01:54,960 --> 00:01:57,040 GM how are you doing? I'm doing great. 39 00:01:57,040 --> 00:01:59,480 How are you are we live? Yeah, we're live. 40 00:02:00,440 --> 00:02:02,600 We are live. Yeah, you came in right during 41 00:02:02,600 --> 00:02:04,160 the intros. Perfect timing. 42 00:02:04,720 --> 00:02:07,840 And it's going around the horn. Logan, Jay. 43 00:02:08,840 --> 00:02:11,039 Good morning. Doing well, fighting off some 44 00:02:11,039 --> 00:02:14,320 early morning rain here in Pennsylvania, but otherwise, 45 00:02:14,320 --> 00:02:16,120 can't complain. Excited to be here. 46 00:02:16,120 --> 00:02:16,800 Happy Friday. Yeah. 47 00:02:17,840 --> 00:02:20,360 Happy Friday to everyone, folks. What are we talking about on 48 00:02:20,360 --> 00:02:21,640 today's show? We're going to start with the 49 00:02:21,640 --> 00:02:23,480 market report. More institutions are buying. 50 00:02:23,960 --> 00:02:26,080 Bob Lucas says we're going to all time high in six days. 51 00:02:26,080 --> 00:02:28,600 So we're going to talk about is he right or not? 52 00:02:28,680 --> 00:02:32,400 Arthur Hayes has laid out his latest essay calling for $1 53 00:02:32,400 --> 00:02:34,680 million Bitcoin by the end of the Trump administration. 54 00:02:35,520 --> 00:02:37,720 It's also Fart Coin Fridays, so we're going to find out what 55 00:02:37,720 --> 00:02:39,800 that means and what the hell FAR Coin is going to do from here. 56 00:02:40,200 --> 00:02:42,200 Coin bases bad day got worse yesterday. 57 00:02:42,200 --> 00:02:45,240 We've got FX Distro 2 coming out the end of this month. 58 00:02:45,240 --> 00:02:46,880 We got a new draft of the Genius Act. 59 00:02:47,280 --> 00:02:50,400 Kaido continues to outperform. Along with the hype, we're going 60 00:02:50,400 --> 00:02:52,600 to talk about the latest rewards that are giving out over 61 00:02:52,600 --> 00:02:56,280 6,000,000, that current pricing. We've got the launch coins 62 00:02:56,440 --> 00:03:00,200 ecosystem cooling off rotations, perhaps back to memes. 63 00:03:00,200 --> 00:03:04,440 We've got a new AINT game that Logan has been grinding, the 64 00:03:04,440 --> 00:03:08,520 Frankly Gods hack breakdown plus more, plus triple yeet action 65 00:03:08,840 --> 00:03:10,560 today folks, we haven't done it the last few days. 66 00:03:10,560 --> 00:03:12,200 We are going to make up for it today. 67 00:03:12,560 --> 00:03:16,480 Triple yeet action. The code is weakened, so go 68 00:03:16,480 --> 00:03:19,600 ahead and and get in and grinding for that one. 69 00:03:19,600 --> 00:03:22,200 We're going to be giving away a lot of cash at the end of the 70 00:03:22,200 --> 00:03:23,960 show. Before we dive in, shout out to 71 00:03:23,960 --> 00:03:25,920 our partner wallet Connect Wallet connect is the 72 00:03:25,920 --> 00:03:28,520 connectivity network shaping the future of on chain UX. 73 00:03:28,800 --> 00:03:31,760 If you've connected to a web 3 app, you've seen wallet connect 74 00:03:31,760 --> 00:03:35,680 that blue logo, it's everywhere, an icon of trust in crypto as a 75 00:03:35,680 --> 00:03:37,560 recognizable as Visa at the checkout. 76 00:03:37,560 --> 00:03:40,680 If you want to learn more, follow at wallet connect on X 77 00:03:40,720 --> 00:03:43,360 and Telegram to stay ahead of what's next. 78 00:03:44,200 --> 00:03:47,360 All right, you know, if you're ready, let's get into it. 79 00:03:48,600 --> 00:03:54,120 Thanks man. Who is the man Macro Bloody of 80 00:03:54,200 --> 00:03:58,840 the Lamb? Can you dig it? 81 00:04:00,080 --> 00:04:02,400 Yeah, GM everyone. So we have a little bit of a 82 00:04:02,400 --> 00:04:04,680 better day. It feels like today most of my 83 00:04:05,400 --> 00:04:07,320 the coins I'm tracking are up. Since when? 84 00:04:07,320 --> 00:04:12,040 We showed since the show yesterday, not that much in 85 00:04:12,040 --> 00:04:14,800 terms of macro. We had obviously a little bit of 86 00:04:14,800 --> 00:04:20,160 a miss on PPI yesterday. Stocks had no K day in the end 87 00:04:21,320 --> 00:04:24,000 and they've been relatively quiet today. 88 00:04:24,600 --> 00:04:26,520 It feels as though the biggest headline yesterday was the 89 00:04:26,520 --> 00:04:32,800 Coinbase news, which I guess is a big bit of news if you care 90 00:04:32,800 --> 00:04:35,040 about Coinbase stock, which went down quite a bit. 91 00:04:35,040 --> 00:04:37,760 But other than that, it didn't really affect the market. 92 00:04:38,480 --> 00:04:41,280 Bitcoin's still hanging out at this 104K level. 93 00:04:41,280 --> 00:04:42,960 It's been good that it's kind of been anchored there. 94 00:04:42,960 --> 00:04:47,480 Even though gold has had a little bit lower Bitcoin 95 00:04:47,480 --> 00:04:50,760 dominance as well. Hasn't hasn't just reversed. 96 00:04:50,760 --> 00:04:54,440 I think last time we saw this move in Bitcoin dominance, it 97 00:04:54,440 --> 00:04:58,680 went, it went down and then just like immediately almost 98 00:04:59,160 --> 00:05:01,880 reversed. And it's actually gone down 99 00:05:01,880 --> 00:05:05,080 again a bit today. So interesting to see if this 100 00:05:05,080 --> 00:05:07,560 kind of trend continues. Obviously, I've been saying like 101 00:05:07,560 --> 00:05:10,160 I'm, I'm more bullish on ETH right now and that could 102 00:05:10,160 --> 00:05:12,400 continue. But Bitcoin dominance has gone 103 00:05:12,400 --> 00:05:16,480 back it, it kind of hit 63 1/2, just it's now back below 63. 104 00:05:16,480 --> 00:05:19,680 So maybe we will see a bit more of a sustained period here of, 105 00:05:19,960 --> 00:05:27,240 of altcoins outperforming or at least ETH outperforming not 106 00:05:27,240 --> 00:05:31,640 really much on meme coins. It feels as though the there's 107 00:05:31,640 --> 00:05:35,280 been a bit of wind out the sails of the of the recent matters. 108 00:05:35,760 --> 00:05:38,800 The biggest mover I see is with which is interestingly catching 109 00:05:38,800 --> 00:05:45,160 a bit of a bid and maybe some of the the more ETH based meme 110 00:05:45,160 --> 00:05:47,400 coins are outperforming slightly today, like Pepe and MOG are 111 00:05:47,400 --> 00:05:51,240 outperforming far coin again. I'm keeping being so surprised 112 00:05:51,240 --> 00:05:54,720 at this coin like it doesn't it's been trending here for a 113 00:05:54,720 --> 00:05:59,040 while. It feels like now like kind of 114 00:05:59,040 --> 00:06:02,040 feels like it was at this level. Was that one point? 115 00:06:02,240 --> 00:06:07,360 Yeah, was that one point two basically in April about two 116 00:06:07,360 --> 00:06:09,480 months ago hit hit kind of this sort of level and it's been 117 00:06:09,480 --> 00:06:11,040 hanging out ever since, which has been strange to me. 118 00:06:11,040 --> 00:06:14,400 I do think one day very soon that one's going to have a bit 119 00:06:14,400 --> 00:06:18,440 of a decent move. But maybe it's just the PDP 120 00:06:18,440 --> 00:06:22,400 nature of soul at the moment or just naturally of soul that's 121 00:06:22,400 --> 00:06:25,880 causing that hyper liquid. As you have been tweeting out, 122 00:06:26,400 --> 00:06:29,080 Tyler's probably the the biggest gainer in L ones. 123 00:06:31,760 --> 00:06:34,680 It was kind of I think mentioned in that Arthur Hayes piece too 124 00:06:34,680 --> 00:06:38,080 that you know he's looking for alt coins with decent product 125 00:06:38,080 --> 00:06:41,760 market fit slash utility at the moment and that one fit fit the 126 00:06:41,760 --> 00:06:46,800 bill, yeah, but not not much else other than that. 127 00:06:46,800 --> 00:06:51,240 Most of the other ones are up slightly, but it's definitely 128 00:06:51,240 --> 00:06:52,680 high beneath. Which are which are the 129 00:06:52,680 --> 00:06:56,760 strongest? Yeah, I think that's the 130 00:06:56,760 --> 00:06:59,560 rundown. There really wasn't a whole lot 131 00:07:00,240 --> 00:07:03,760 on the on the macro side. I'll come back to the coins here 132 00:07:03,760 --> 00:07:07,480 in a second. I think we had the Coinbase we 133 00:07:07,480 --> 00:07:09,720 talked about the Coinbase exploit on on yesterday's show. 134 00:07:09,720 --> 00:07:12,000 I don't think we really need to go back through that. 135 00:07:12,440 --> 00:07:15,520 It does feel like the reactions kind of got worse as the day 136 00:07:15,520 --> 00:07:21,360 went on as more and more folks kind of realized the scale of 137 00:07:21,360 --> 00:07:25,080 the data that was leaked, exactly what it was addresses, 138 00:07:25,240 --> 00:07:29,040 photo IDs, It's bad. It's it's serious. 139 00:07:29,080 --> 00:07:33,120 And it does feel like they it was, it was a lack of internal 140 00:07:33,120 --> 00:07:36,720 controls, effectively offshore customer support teams that were 141 00:07:36,720 --> 00:07:39,200 bribed and enabled this to happen. 142 00:07:41,360 --> 00:07:43,800 But at the same, I mean, the market's shaking it off today. 143 00:07:44,920 --> 00:07:50,000 Coinbase up 6% so out outpacing the the majors. 144 00:07:50,440 --> 00:07:54,280 That's that's, that's surprising the coin stock today after 145 00:07:54,280 --> 00:07:57,440 yesterday's events. Yeah, I'm surprised as well. 146 00:07:57,440 --> 00:07:59,560 They also the news came out in the second-half of the day that 147 00:07:59,560 --> 00:08:02,640 they're facing the an inquiry from the SEC. 148 00:08:03,080 --> 00:08:07,600 Isn't that an old one? Is it I I I saw the the the 149 00:08:07,600 --> 00:08:08,800 headline come through, I thought. 150 00:08:08,800 --> 00:08:10,600 It was lingering, yeah. From Biden admin. 151 00:08:10,600 --> 00:08:13,480 I'm not sure I'm 100%, but I saw something like this from Paul. 152 00:08:13,560 --> 00:08:18,520 There's Chief Legal, but yeah, that you'd think that it would 153 00:08:18,520 --> 00:08:20,320 be down today, which is impressive. 154 00:08:20,760 --> 00:08:23,000 Yeah, exactly. So people are are are shaking it 155 00:08:23,000 --> 00:08:25,680 off. I don't know. 156 00:08:25,680 --> 00:08:29,960 It feels like a lot of brand damage has been done and we'll 157 00:08:29,960 --> 00:08:34,360 we'll see if it's a less comfortable to custody your 158 00:08:34,360 --> 00:08:37,200 coins with Coinbase knowing that this has all happened. 159 00:08:38,679 --> 00:08:44,600 Yeah, it feels like a quiet day overall, both for macro and for 160 00:08:45,480 --> 00:08:48,520 and for crypto. Like if the biggest news is kind 161 00:08:48,520 --> 00:08:51,920 of yesterday's Coinbase headline, then so much we can be 162 00:08:51,920 --> 00:08:55,320 shocked about the customer data for 1% of users being lost, 163 00:08:55,320 --> 00:08:57,040 right? Well, I think we don't, we don't 164 00:08:57,040 --> 00:09:00,520 believe that it's 1%, I think. That's saying, yeah, it could be 165 00:09:00,520 --> 00:09:02,080 more. I want to hear more about you. 166 00:09:02,080 --> 00:09:03,400 For Rogue, how's consensus going? 167 00:09:03,400 --> 00:09:04,880 Like what? What's the vibe there? 168 00:09:06,600 --> 00:09:09,560 It's good, man. I got my Canadian flag in honour 169 00:09:09,560 --> 00:09:12,040 of consensus going on in the background. 170 00:09:12,720 --> 00:09:14,240 It's great. Honestly, I was hitting at the 171 00:09:14,280 --> 00:09:15,360 top of the show. Mando. 172 00:09:15,360 --> 00:09:16,960 It's it's always like the best conferences. 173 00:09:16,960 --> 00:09:18,560 These people know how to do it and do it right. 174 00:09:19,360 --> 00:09:21,440 The quality of the people that are here is pretty big, like a 175 00:09:21,440 --> 00:09:23,640 lot of large founders because you know, it's North America, 176 00:09:23,640 --> 00:09:24,920 right? So everyone came up from like 177 00:09:24,920 --> 00:09:27,120 New York or like Miami, whatever. 178 00:09:27,160 --> 00:09:29,640 A lot of people from Canada, right, Like Canada, you know, as 179 00:09:29,640 --> 00:09:33,560 much as they try to fight this crypto evolution, revolution, 180 00:09:33,560 --> 00:09:36,720 you know, is home to some of the largest, biggest founders in 181 00:09:36,720 --> 00:09:40,680 crypto, right? And so it's really impressive to 182 00:09:40,680 --> 00:09:42,080 be here. The conference is really good. 183 00:09:42,080 --> 00:09:44,480 Some heavy panelists. So yesterday I was speaking at 184 00:09:44,480 --> 00:09:48,240 11 AM and Kevin O'Leary just so happened to speak at the same 185 00:09:48,240 --> 00:09:50,960 time as me. So, so my panel was, you know, 186 00:09:51,000 --> 00:09:53,840 half empty because of Mr. Wonderful. 187 00:09:54,120 --> 00:09:57,240 I'm sure you had some great thoughts on the future of crypto 188 00:09:57,240 --> 00:10:01,760 and and his backing of SBF, you know, but besides that, you 189 00:10:01,760 --> 00:10:03,760 know, Dave Portnoy also definitely had a lot of good 190 00:10:03,760 --> 00:10:06,400 things to say, you know, because he knows a lot about crypto and 191 00:10:07,000 --> 00:10:09,960 so he was saying perhaps XRP could become next Bitcoin. 192 00:10:10,280 --> 00:10:12,480 So you know, it was really great to see those headline speakers 193 00:10:12,480 --> 00:10:14,080 that really, really care about our space. 194 00:10:14,280 --> 00:10:17,560 But besides that, you know, they they brought like Eric Trump out 195 00:10:17,640 --> 00:10:19,200 or is he today? Is it today? 196 00:10:19,200 --> 00:10:21,960 I think it's today. And they brought some some 197 00:10:21,960 --> 00:10:23,600 really, really high quality people on the side. 198 00:10:23,600 --> 00:10:27,080 Events are just really good. So been good, Mando, it's been 199 00:10:27,080 --> 00:10:30,760 good, some some good business being done and and some some, 200 00:10:30,760 --> 00:10:31,920 you know, some great people to see. 201 00:10:31,920 --> 00:10:33,480 I spent some time with the bear chain founders. 202 00:10:33,880 --> 00:10:37,880 Finally got to meet Smokey tonight and and Yogi some good 203 00:10:37,880 --> 00:10:39,240 lads too. They got some really cool stuff 204 00:10:39,240 --> 00:10:41,280 going on and and the people love myriad. 205 00:10:41,320 --> 00:10:44,560 You know, I every time now we that's how I know we're starting 206 00:10:44,560 --> 00:10:47,000 to get a lot of users because like when people come up to me 207 00:10:47,000 --> 00:10:48,880 and before was like, Yo, I listen to the morning show and 208 00:10:48,880 --> 00:10:50,800 stuff like that. Still get that, and they love 209 00:10:50,800 --> 00:10:54,680 you guys, but now it's like, yo, like I've been predicting and 210 00:10:54,680 --> 00:10:56,280 collecting my points and I'm like, fuck, yeah. 211 00:10:56,440 --> 00:10:58,880 So it's like, that's how you know that your thing's starting 212 00:10:58,880 --> 00:11:04,320 to work out, you know? That's very good to hear. 213 00:11:05,680 --> 00:11:08,960 Logan just just did his weekly rundown of the, the myriad 214 00:11:08,960 --> 00:11:10,840 markets, the hot markets from this week. 215 00:11:11,160 --> 00:11:14,280 So if you're looking to to get some action and go go check that 216 00:11:14,280 --> 00:11:15,520 out. Well, it's Friday. 217 00:11:15,520 --> 00:11:18,120 I thought it might make sense to just do a little fun like 218 00:11:18,880 --> 00:11:20,800 thoughts on on some of the tokens as Manda mentioned, 219 00:11:20,800 --> 00:11:25,200 there's not a whole lot of news today on the Bitcoin front. 220 00:11:25,600 --> 00:11:30,520 A couple interesting tweets posts, technical analysis that I 221 00:11:30,520 --> 00:11:34,480 saw so one this summary headline of the institution buying from 222 00:11:34,480 --> 00:11:35,800 this week was a was a pretty big one. 223 00:11:35,800 --> 00:11:39,160 Goldman Sachs up to 1.65 Abu Dhabi up to 511. 224 00:11:39,160 --> 00:11:43,240 This new Hong Kong company 860 million so that that trend 225 00:11:43,240 --> 00:11:47,400 continues. Bob Lucas shared his latest 226 00:11:47,440 --> 00:11:52,320 Bitcoin TA a couple days ago and it is calling. 227 00:11:52,320 --> 00:11:56,880 He's saying we were this was 2 days ago, day 37 of the 60 day 228 00:11:56,880 --> 00:12:02,360 cycle calling for Bitcoin all time high 110K day 45 that is 229 00:12:02,360 --> 00:12:06,080 next Thursday. So I'm I'm curious for this 230 00:12:06,080 --> 00:12:11,520 group's thoughts you are you in line with Bob? 231 00:12:11,520 --> 00:12:17,000 Do you think we we touch all time high levels next week or 232 00:12:17,000 --> 00:12:21,560 are you saying we're not quite there yet and I'll throw to you. 233 00:12:23,360 --> 00:12:28,280 I think there's a lot of air between between 103A110K. 234 00:12:28,360 --> 00:12:31,480 Like 110K has been like a point of resistance a bunch of times. 235 00:12:32,200 --> 00:12:39,320 Like if you look at it, it hit it once once or maybe it's like 236 00:12:39,320 --> 00:12:43,040 100 and 708 K, but it hit it multiple times in that second 237 00:12:43,080 --> 00:12:47,720 period. I'm not going to hit all time 238 00:12:47,720 --> 00:12:49,280 high. We may get an all time high 239 00:12:49,280 --> 00:12:51,560 close. Do you know what I mean? 240 00:12:51,560 --> 00:12:56,160 Like I think it could. There's no doubt it's about to 241 00:12:56,160 --> 00:12:57,760 tap that level of resistance, right? 242 00:12:57,760 --> 00:12:59,880 There's literally just no doubt because that's been where it's 243 00:12:59,880 --> 00:13:04,880 hit so many times. It just it, it may stick around 244 00:13:04,880 --> 00:13:08,480 there or it may smash through. My guess is we've probably got 245 00:13:08,480 --> 00:13:12,160 it, hits it once and then goes back down and then hits it maybe 246 00:13:12,160 --> 00:13:15,440 once or twice more. Yeah, if you look at the closes, 247 00:13:15,440 --> 00:13:17,480 it doesn't look like we really ever closed much above one of 248 00:13:17,480 --> 00:13:19,440 the six. Right, exactly. 249 00:13:19,440 --> 00:13:20,760 That's what I've been. Yeah. 250 00:13:21,560 --> 00:13:25,520 So I mean we're, we're, yeah, we're right back at the top of 251 00:13:25,520 --> 00:13:30,000 this range and we want to be cautious about, you know, being 252 00:13:30,320 --> 00:13:34,120 super bullish at the top of the range as always. 253 00:13:35,320 --> 00:13:39,720 But like this recent price action, we, we got to what 94 we 254 00:13:39,920 --> 00:13:43,760 we chopped there for two weeks then we leveled up now one O 3, 255 00:13:43,760 --> 00:13:46,800 one O 4 shopping there for a full week now. 256 00:13:46,840 --> 00:13:49,280 And the question is how much longer are we going to 257 00:13:49,280 --> 00:13:50,880 consolidate here for Oak Firmable? 258 00:13:50,880 --> 00:13:54,720 What are your thoughts? Dude, I honestly, I'm so 259 00:13:54,720 --> 00:13:57,840 surprised that we haven't broken down yet to like back to like 260 00:13:57,840 --> 00:14:00,080 like we kissed 100 that other day and that's it. 261 00:14:00,240 --> 00:14:02,640 So I at this stage I'm like, wow, because but first you're 262 00:14:02,720 --> 00:14:05,800 like, we haven't broken, you know, above that one O 4 top 263 00:14:05,800 --> 00:14:07,120 range yet. We're probably going to get 264 00:14:07,120 --> 00:14:09,400 smacked back down. But now he's like, wait, we're 265 00:14:09,400 --> 00:14:12,640 holding really strong up there. And, and the news are only good 266 00:14:12,640 --> 00:14:14,880 in the political side. I don't know if you guys saw 267 00:14:14,880 --> 00:14:17,520 like Fox, like broke down like Trump's, like the recent trip to 268 00:14:17,520 --> 00:14:19,120 the Middle East and how successful it's been like, 269 00:14:19,120 --> 00:14:21,560 arguably like one of the most successful Middle Eastern trips 270 00:14:21,880 --> 00:14:24,160 in history of an American president. 271 00:14:25,600 --> 00:14:28,480 And, and I'm looking at all these investments being done and 272 00:14:29,120 --> 00:14:32,280 all these, all these deals being made with NVIDIA and everything. 273 00:14:32,280 --> 00:14:34,040 And then I'm looking at the price of bitcoins and I'm 274 00:14:34,160 --> 00:14:35,680 obviously live getting sentiment. 275 00:14:36,200 --> 00:14:38,000 So it doesn't help, right, Because everyone's so bullish at 276 00:14:38,000 --> 00:14:39,840 events right now, right? So it's like you that life 277 00:14:39,840 --> 00:14:41,400 sentiment. Well, it does help. 278 00:14:41,400 --> 00:14:44,120 I don't know. So I don't know, tough for me to 279 00:14:44,960 --> 00:14:47,600 tough for me so far, you know, we are still in May, but we 280 00:14:47,600 --> 00:14:49,920 survived the first half of May without selling off. 281 00:14:50,720 --> 00:14:52,960 And now if we could just liquidate that fart coin white 282 00:14:52,960 --> 00:14:55,920 whale that's short on hyperliquid and I'll be fine. 283 00:14:56,880 --> 00:15:00,560 I get the sentiment that that folks want to, they want to sell 284 00:15:00,560 --> 00:15:02,160 them and go away. Like everyone wants to take the 285 00:15:02,160 --> 00:15:04,280 summer off. Like that's the sentiment I get 286 00:15:04,960 --> 00:15:08,880 on the timeline, but there there's too much action right 287 00:15:08,880 --> 00:15:11,160 now to do that. Logan, curious for your 288 00:15:11,160 --> 00:15:12,240 thoughts. Yeah. 289 00:15:12,360 --> 00:15:15,400 I, I actually, I feel like this consolidation range, if you'd 290 00:15:15,400 --> 00:15:19,440 like to call it that, for what the last few weeks, I don't 291 00:15:19,440 --> 00:15:23,520 know, the days blur together, but feels, you know, I'm not the 292 00:15:23,520 --> 00:15:26,360 macro expert here, of course, but it feels really healthy to 293 00:15:26,360 --> 00:15:28,880 me or it's felt more healthy. I know yesterday we mentioned 294 00:15:28,880 --> 00:15:31,960 like a little bit of a lingering feeling of the uncertainty and 295 00:15:31,960 --> 00:15:37,400 uneasiness of like more sailor like institutions coming in and 296 00:15:37,400 --> 00:15:38,680 what, what does that actually mean? 297 00:15:38,680 --> 00:15:42,200 We had a good debate about that. But I, I, I still feel OK here 298 00:15:42,200 --> 00:15:47,000 and I, I think breaking upwards towards that number is, is 299 00:15:47,000 --> 00:15:49,720 totally in play. I don't necessarily know what it 300 00:15:49,720 --> 00:15:52,440 Bob has it like in two days or something, In six days or 301 00:15:52,440 --> 00:15:53,840 something. Crazy thing like that next 302 00:15:54,440 --> 00:15:57,400 Thursday. Yeah, I, I, I won't venture to 303 00:15:57,400 --> 00:16:00,880 guess or put an actual date on that, but I, I do feel, I don't 304 00:16:00,880 --> 00:16:04,880 know, just a lingering goodness, if you want to call it that, 305 00:16:04,880 --> 00:16:08,880 about this recent consolidation. And everything feels a little 306 00:16:08,880 --> 00:16:11,280 bit lighter. But the, the craziness is, of 307 00:16:11,280 --> 00:16:14,400 course, the, the volatility and the uncertainty of whatever 308 00:16:14,400 --> 00:16:18,400 Trump might post on social media in the next 24 hours could 309 00:16:18,400 --> 00:16:21,400 completely, you know, spin that thesis on its head and, you 310 00:16:21,400 --> 00:16:24,160 know, in microseconds. So that's the that's the world 311 00:16:24,160 --> 00:16:26,520 we live in. And need to remind ourselves 312 00:16:26,520 --> 00:16:31,520 that we were at 77 KA month ago. So this has been a a big move. 313 00:16:31,520 --> 00:16:34,080 But just look, I mean, all the dips recently have been bit up 314 00:16:34,080 --> 00:16:35,920 pretty fast. I think folk, you kind of 315 00:16:35,920 --> 00:16:38,960 mentioned that it's like there really hasn't been much of A dip 316 00:16:38,960 --> 00:16:42,160 at all. The other the other one we want 317 00:16:42,160 --> 00:16:45,400 to watch here. ETH outperformed again on the 318 00:16:45,400 --> 00:16:50,280 day. Up up more than Bitcoin looks 319 00:16:50,280 --> 00:16:59,680 like it's OK ETH the 4K. Imagine the smell around 54. 320 00:17:00,120 --> 00:17:04,680 Ki love the transition of Mando into like the arguably the 321 00:17:04,680 --> 00:17:11,079 biggest E bull. He's like Cecil and and you 322 00:17:11,079 --> 00:17:16,440 know, bank list and all those guys DC, they put up Eric, Eric 323 00:17:16,440 --> 00:17:19,119 Trump. They've put up with so much shit 324 00:17:19,160 --> 00:17:22,640 in the last few weeks, year, year and a half to year and a 325 00:17:22,720 --> 00:17:25,000 half, right. Oh, year and a half of this and 326 00:17:25,000 --> 00:17:30,400 now men comes in balls swinging calling it the 4K and so happens 327 00:17:30,400 --> 00:17:35,720 to be potentially right. I'm just telling you like, yeah, 328 00:17:37,120 --> 00:17:43,440 two years of underperformance, it's up what, 25% versus 329 00:17:43,440 --> 00:17:46,800 Bitcoin, something like that. There's a lot of pent up sexual. 330 00:17:46,960 --> 00:17:49,280 If. It if it really wants to go 331 00:17:49,280 --> 00:17:51,920 here. Oh, it's, it's, you know, 332 00:17:51,920 --> 00:17:53,760 Ethan's going to blow its load at some point. 333 00:17:55,160 --> 00:17:58,040 Less than less than 48th, we'll get you a Bitcoin now. 334 00:17:58,920 --> 00:18:04,440 Well I was like 55 a week ago. 55, which was just an outrageous 335 00:18:04,440 --> 00:18:08,760 number in in in that moment. So hopefully you didn't swap 336 00:18:08,760 --> 00:18:12,360 your ETH to Bitcoin at that at that bottom. 337 00:18:12,680 --> 00:18:14,240 The other token I want to get thoughts on. 338 00:18:14,520 --> 00:18:19,760 I know one that that's near and dear to to your heart there far 339 00:18:19,760 --> 00:18:22,800 oak is far coin. It's far coin Friday, so I so 340 00:18:22,800 --> 00:18:25,240 let's talk about it. And this thing has been grinding 341 00:18:25,240 --> 00:18:29,240 up. It is just cup and handling cup 342 00:18:29,240 --> 00:18:32,160 and handling, but never really breaking out right, like we're 343 00:18:32,160 --> 00:18:35,640 seeing we're seeing like the 20% breakouts. 344 00:18:36,720 --> 00:18:38,760 A reminder for folks, if you're not in the stream that weekend 345 00:18:38,760 --> 00:18:41,640 is the code weekend is the code for eat action today coming up 346 00:18:41,640 --> 00:18:47,000 later in the show. I've seen this chart before in 347 00:18:47,000 --> 00:18:54,720 me, the steady legs up like this, and it typically happened 348 00:18:54,720 --> 00:18:59,120 before a big breakout. I feel like the inevitable 349 00:18:59,120 --> 00:19:00,480 breakout is coming at some point. 350 00:19:00,480 --> 00:19:02,640 I don't know when and I don't know what the catalyst is going 351 00:19:02,640 --> 00:19:02,920 to be. It's. 352 00:19:03,680 --> 00:19:06,120 Going to happen. You just got to believe, you 353 00:19:06,120 --> 00:19:07,960 know, You just got to believe. I know dude. 354 00:19:08,520 --> 00:19:11,560 On my way to consensus, it was like 147 and I was like euphoric 355 00:19:11,560 --> 00:19:14,520 as fuck. I should have known like on my 356 00:19:14,520 --> 00:19:19,080 train right here. I was like going crazy and yeah, 357 00:19:19,080 --> 00:19:22,560 again, we got smacked back down. Feel like there's a lot of 358 00:19:22,560 --> 00:19:25,760 pressure on what, like 1:30 What is 138? 359 00:19:26,520 --> 00:19:29,000 Something's going on, man. There's, I don't know, It's, I 360 00:19:29,000 --> 00:19:30,720 like it. I like it. 361 00:19:30,840 --> 00:19:33,080 I think it's going to, I think it's going to break out at some 362 00:19:33,080 --> 00:19:34,680 point and it'll look good, you know? 363 00:19:34,960 --> 00:19:37,920 What's your target if we break out from the 145 range? 364 00:19:38,480 --> 00:19:43,000 160 and then two. That would be annoying if we 365 00:19:43,000 --> 00:19:46,040 just keep going up $0.15. I know I mean. 366 00:19:46,560 --> 00:19:48,040 It's very possible. I mean, that's, that's the more 367 00:19:48,040 --> 00:19:52,280 likely next level, yeah. Man, you never know, man, 368 00:19:52,280 --> 00:19:55,160 Bitcoin goes to all time high, Ethereum goes up, Solana goes 369 00:19:55,160 --> 00:19:57,360 crazy too, and then you know, then the slights on. 370 00:19:57,360 --> 00:20:02,640 But I don't know it's it's it's it could be frustrating. 371 00:20:03,360 --> 00:20:06,440 It could be frustrating, but you just got to I believe I I still 372 00:20:06,440 --> 00:20:10,240 have fat ass position on and I'm just going to wait when I'm when 373 00:20:10,240 --> 00:20:11,920 I'm. Conference travelling. 374 00:20:11,920 --> 00:20:13,960 I'm hands off. It's my rule. 375 00:20:14,480 --> 00:20:18,480 You got to just believe. It's good as sleep adjusted risk 376 00:20:18,480 --> 00:20:22,320 point at this point. That's what you want to do right 377 00:20:22,320 --> 00:20:27,800 now. Sleep adjusted may get some 378 00:20:27,800 --> 00:20:31,080 sleep adjusted returns. That's not that's actually not a 379 00:20:31,080 --> 00:20:34,200 bad idea. Launch coin has not been the 380 00:20:34,200 --> 00:20:37,520 most sleep adjusted hold by any means. 381 00:20:37,520 --> 00:20:40,160 It's incredibly volatile. I don't think we need to spend a 382 00:20:40,160 --> 00:20:41,760 whole lot of time on it here today. 383 00:20:41,760 --> 00:20:43,600 We've been hitting it pretty hard this week. 384 00:20:43,600 --> 00:20:46,440 It's at 180 million, down 30% on the day. 385 00:20:46,440 --> 00:20:49,400 It looks like passion X kind of come out and said, A, we're 386 00:20:49,400 --> 00:20:51,640 going to slow things down and then B, there's been some fun 387 00:20:51,640 --> 00:20:55,720 around fees and and how the the different creators are getting 388 00:20:55,720 --> 00:20:57,200 them, He said. We're going to try to make some 389 00:20:57,200 --> 00:21:00,160 adjustments. I think this is going to be an 390 00:21:00,160 --> 00:21:03,440 interesting next week for them. I think we'll have to figure out 391 00:21:03,440 --> 00:21:07,400 some next moves, perhaps some announcements and it wouldn't 392 00:21:07,400 --> 00:21:09,920 surprise me if they kind of chop, wouldn't surprise me if it 393 00:21:09,920 --> 00:21:13,120 kind of chops and bleeds a bit over this weekend. 394 00:21:14,160 --> 00:21:16,680 I think it peaked the ecosystem was around 500 million. 395 00:21:16,680 --> 00:21:18,720 It's around 280 million right now. 396 00:21:20,000 --> 00:21:24,000 And the daily volume down about 60% fees down as well. 397 00:21:24,000 --> 00:21:26,840 So, so not as you surprised the fees are down if the volume is 398 00:21:26,840 --> 00:21:30,360 down, but it's going to be a pivotal next few days for that. 399 00:21:30,360 --> 00:21:32,480 I think perhaps it's more interesting to talk about as 400 00:21:32,480 --> 00:21:34,960 Kaido continues to grind up. Man, this thing's at 2 billion 401 00:21:35,920 --> 00:21:38,560 two dollars. This is on the back of their 402 00:21:38,560 --> 00:21:42,440 latest rewards with Infinex. You guys see this? 403 00:21:42,760 --> 00:21:45,440 Somebody's posting me. I get I've got 6 grand coming to 404 00:21:45,440 --> 00:21:49,320 me next week from this. What you were you been posting 405 00:21:49,320 --> 00:21:51,600 about Infinex I? Haven't. 406 00:21:52,160 --> 00:21:55,480 What do you mean? B check DM me and said look you 407 00:21:55,480 --> 00:21:58,200 get because you were like I I think I must have been a big 408 00:21:58,200 --> 00:22:02,800 yapper last week, which I don't know, and they just he just has 409 00:22:02,800 --> 00:22:05,680 to be pacing me opposed to me being like you've got 6 grander 410 00:22:05,680 --> 00:22:07,760 rewards coming. Wait, how do we check that? 411 00:22:09,000 --> 00:22:11,160 Yeah, we need to share. That I've been yapping bro. 412 00:22:11,160 --> 00:22:13,080 Hold on. I didn't get any DMS so I'm 413 00:22:13,080 --> 00:22:14,400 going to say I'm not on the list. 414 00:22:15,880 --> 00:22:18,640 Which I don't know. I wanted to slam my desk when I 415 00:22:18,640 --> 00:22:25,040 saw this today. So just to give folks who who 416 00:22:25,040 --> 00:22:27,640 may not be familiar, Infinex has been running a campaign on 417 00:22:27,640 --> 00:22:30,000 Kaido. They have been alluding that 418 00:22:30,000 --> 00:22:31,720 their top yappers would be very happy. 419 00:22:32,720 --> 00:22:35,120 They just announced that they are going to distribute $6 420 00:22:35,120 --> 00:22:38,440 million at current prices in the form of their You Patrons 421 00:22:38,440 --> 00:22:40,960 tokens. This season 0 is the season that 422 00:22:40,960 --> 00:22:43,160 they just ran. They're going to have $600,000 423 00:22:43,160 --> 00:22:47,400 in rewards, 900K for the next season 1 and then more for 424 00:22:47,400 --> 00:22:48,960 season 2 and season 3. Of course, that's the current 425 00:22:48,960 --> 00:22:50,800 prices, so the prices would have to hold. 426 00:22:51,160 --> 00:22:54,040 But anyways, I think that the the high level take away it's a 427 00:22:54,040 --> 00:22:57,440 pretty large rewards program, one of the largest we've seen on 428 00:22:57,440 --> 00:23:02,640 Kaido. The top yappers got 20 K. 429 00:23:03,040 --> 00:23:08,080 The bandit got 12 Ki think he was he was top five, top ten. 430 00:23:08,280 --> 00:23:10,600 So the folks who've been grinding this stuff and it's 431 00:23:10,600 --> 00:23:14,520 paying off and apparently Mando is getting 6K, which is. 432 00:23:14,520 --> 00:23:16,760 How did the rich keep getting richer? 433 00:23:17,680 --> 00:23:20,160 Like maybe I did one of the Mando minutes maybe. 434 00:23:20,880 --> 00:23:23,040 It's it's crazy. Rich get richer, man. 435 00:23:23,080 --> 00:23:26,560 It's so crazy. I don't, yeah. 436 00:23:26,560 --> 00:23:28,720 I mean, it's possible to that. It's possible they're also just 437 00:23:28,720 --> 00:23:31,640 rewarding top yappers and they could also just, we've seen 438 00:23:31,640 --> 00:23:35,520 campaigns that like will give tokens to the top people on your 439 00:23:35,600 --> 00:23:38,360 specific minds, your board, as well as people who are top of 440 00:23:38,360 --> 00:23:40,600 the overall. Yeah, I can share my screen if I 441 00:23:40,600 --> 00:23:43,000 I can show you guys. So how do you see? 442 00:23:43,000 --> 00:23:43,920 Yeah, what do you see? This? 443 00:23:47,040 --> 00:23:54,960 Let's see Mando's key. Someone just said Mando with the 444 00:23:54,960 --> 00:23:57,480 bando. God damn it. 445 00:23:57,760 --> 00:24:02,800 Scroll scroll up. No, he just sent me a 446 00:24:02,800 --> 00:24:04,200 screenshot. I didn't see you this. 447 00:24:04,400 --> 00:24:05,560 That's Adm from B check. Got it. 448 00:24:06,720 --> 00:24:10,240 Wow, interesting. I didn't ever find that 449 00:24:10,240 --> 00:24:12,000 leaderboard, so if anyone's got the yeah. 450 00:24:12,760 --> 00:24:14,200 I don't know where to see what he's seeing. 451 00:24:14,320 --> 00:24:16,360 Like whatever B check found. I don't know where you find 452 00:24:16,360 --> 00:24:20,040 that. But this was a big one. 453 00:24:20,280 --> 00:24:25,600 And I think a couple takeaways. People in CT are going to see 454 00:24:25,600 --> 00:24:26,920 this. They're going to be more 455 00:24:26,920 --> 00:24:29,640 incentivized to talk about Infinex and other protocols 456 00:24:29,720 --> 00:24:35,360 hoping for rewards like this. And then I mean, if you are a 457 00:24:35,360 --> 00:24:39,560 founder, I think you have to at least have the conversation. 458 00:24:40,720 --> 00:24:44,520 Like if you're thinking about marketing angles on on CT, you 459 00:24:44,520 --> 00:24:46,920 have to at least think about it. I'm not saying it's necessarily 460 00:24:46,920 --> 00:24:50,280 the right choice, but we made our. 461 00:24:50,520 --> 00:24:52,120 Call. We made our call. 462 00:24:53,440 --> 00:24:55,000 You want to disclose it or is it a surprise? 463 00:24:55,880 --> 00:25:00,960 Be a surprise. All right, there you have it 464 00:25:00,960 --> 00:25:05,560 folks. So the infinex #1 on the pre tge 465 00:25:05,560 --> 00:25:07,760 board at Kaido right now, I think not a huge surprise on the 466 00:25:07,760 --> 00:25:11,160 back of this huge program. If you look at the seven day 467 00:25:11,360 --> 00:25:16,960 pump fun abstract monad Newton open C Infinex in the top 6. 468 00:25:18,280 --> 00:25:20,560 So, so they're up there with some of the biggest protocols in 469 00:25:20,560 --> 00:25:23,040 the space. If you zoom out a little bit, 470 00:25:23,040 --> 00:25:28,080 the 30 day board pump monad abstract here, IQ Open C Somnia, 471 00:25:28,080 --> 00:25:31,920 Sofon, Mega Ethan Phoenix, so top 10. 472 00:25:32,400 --> 00:25:39,400 So I mean, these, these campaigns are enough to to get a 473 00:25:39,400 --> 00:25:44,120 protocol like Infinix into the top ten of CT mindshare, which 474 00:25:44,840 --> 00:25:46,400 isn't easy to do. It's very competitive. 475 00:25:46,400 --> 00:25:47,960 There's there's tons of protocols. 476 00:25:48,400 --> 00:25:52,400 There's there's a lot of teams doing these things so it it it 477 00:25:52,400 --> 00:25:53,720 can work. I thought this was a pretty 478 00:25:53,720 --> 00:26:00,280 balanced take from Adam Fern. Talking about pros and cons Pros 479 00:26:00,440 --> 00:26:01,800 This is more from like the founder lens. 480 00:26:01,840 --> 00:26:04,840 If you care about top of funnel, probably no better place to 481 00:26:04,840 --> 00:26:07,320 spend it on Kaido gamification leaderboards. 482 00:26:07,320 --> 00:26:09,760 Fun. Great to see direct rewards to 483 00:26:09,760 --> 00:26:12,560 creators without middle men. Cons mind chair does not always 484 00:26:12,560 --> 00:26:16,680 lead to user growth or revenue. Some mercenary yappers are like 485 00:26:16,680 --> 00:26:20,040 Locust Capital. Top accounts seem to be reaping 486 00:26:20,040 --> 00:26:22,560 lion's share of the rewards. Some low quality AI slob. 487 00:26:22,560 --> 00:26:24,560 I mean that that's going to be pretty hard to avoid anywhere 488 00:26:25,040 --> 00:26:26,160 right now. I think this is a pretty 489 00:26:26,160 --> 00:26:28,640 balanced take. I says on the whole, I love 490 00:26:28,640 --> 00:26:29,960 seeing smart teams trying to do things. 491 00:26:29,960 --> 00:26:36,920 We'll continue to monitor. So it's working it this is it's 492 00:26:36,920 --> 00:26:38,080 big. It doesn't seem like they're 493 00:26:38,080 --> 00:26:41,440 going to flash in the pan. I think Kaido is going to 494 00:26:41,440 --> 00:26:47,080 continue being a thing in CT at least across 2025. 495 00:26:47,080 --> 00:26:49,600 I think it's hard to project out more than three to six months in 496 00:26:49,600 --> 00:26:52,560 this space in general just without fast trends change. 497 00:26:55,280 --> 00:26:59,200 It's it's hanging in there and and two billion, 2 billion FTV, 498 00:27:01,680 --> 00:27:04,640 it's nice. So shout outs kind of they 499 00:27:04,640 --> 00:27:08,160 continue to do big things and those are some of the big 500 00:27:08,160 --> 00:27:10,320 topics. Logie, I thought maybe we want 501 00:27:10,320 --> 00:27:11,960 to talk about this. Yesterday we kind of ran out of 502 00:27:11,960 --> 00:27:16,320 time. There's this big AINFT game 503 00:27:16,880 --> 00:27:19,400 that's been going on with AI trading agents. 504 00:27:19,600 --> 00:27:22,880 GMO was talking about this. He's pitching it to folks. 505 00:27:22,880 --> 00:27:25,800 I think you got in. Tell us about this. 506 00:27:25,880 --> 00:27:28,080 What is it? Yeah, so it's been all over my 507 00:27:28,080 --> 00:27:30,560 timeline. If you've seen some Gremlin 508 00:27:30,560 --> 00:27:34,080 style art on yours, you're probably seeing the exact same 509 00:27:34,080 --> 00:27:37,880 thing, but it's a it's an AI trading agent trading 510 00:27:37,880 --> 00:27:39,880 simulation. So it's 30. 511 00:27:40,400 --> 00:27:43,280 It's called DX terminal. It's from the DX research group. 512 00:27:43,280 --> 00:27:46,320 They did the singularity thing back in December. 513 00:27:46,320 --> 00:27:48,760 You may remember the big AI agent thing. 514 00:27:49,320 --> 00:27:51,480 It was like a streaming agent thing. 515 00:27:52,320 --> 00:27:55,960 Tough to explain on on short notice here, but anyway, it's 516 00:27:55,960 --> 00:27:58,560 called DX terminal. If you search that on Twitter, 517 00:27:58,560 --> 00:28:00,920 Tyler DX research group, you'll be able to find it pretty 518 00:28:00,920 --> 00:28:03,360 easily. There's a lot of yeah, exactly 519 00:28:03,360 --> 00:28:04,400 that. So it's kind of like this 520 00:28:04,400 --> 00:28:07,480 Windows 98 aesthetic that you see. 521 00:28:07,480 --> 00:28:09,040 They're very, very similar to that. 522 00:28:09,400 --> 00:28:13,480 But basically people minted these AI agents on base as NFTS 523 00:28:14,440 --> 00:28:18,400 and the agents themselves, there's 36,000 of them now are 524 00:28:18,400 --> 00:28:21,760 autonomously participating in this trading simulation over the 525 00:28:21,760 --> 00:28:24,400 course of like 7 days. So what you're seeing in these 526 00:28:24,400 --> 00:28:27,720 little gifts and screenshots is literally the agents working on 527 00:28:27,720 --> 00:28:30,040 them, you know, sorry, working themselves. 528 00:28:30,160 --> 00:28:33,760 And the whole point is they are all, they're trained on Solana 529 00:28:33,760 --> 00:28:37,200 data, basically the, the entire history of Solana transactions. 530 00:28:38,160 --> 00:28:41,360 But they are basically trying to earn as much of the in game 531 00:28:41,360 --> 00:28:43,480 currency, which is an off chain currency. 532 00:28:43,480 --> 00:28:45,760 It's called Webcoin. But they're basically trying to 533 00:28:45,760 --> 00:28:47,080 get as much as they possibly can. 534 00:28:47,080 --> 00:28:49,480 They're competing against each other just like they're normal 535 00:28:49,480 --> 00:28:53,480 crypto traders. And the people participating, us 536 00:28:53,480 --> 00:28:56,680 humans participating can sort of prompt them their language 537 00:28:56,680 --> 00:28:58,800 models basically, right? You can sort of prompt them like 538 00:28:58,800 --> 00:29:03,320 you would ChatGPT to try to earn more web coin on your behalf. 539 00:29:04,280 --> 00:29:06,040 So I don't know if you've scrolled through, but you know, 540 00:29:06,040 --> 00:29:09,600 people are trying to get them to do pump and dumps like I was 541 00:29:09,600 --> 00:29:10,840 trying. I meant did a few and we were 542 00:29:10,880 --> 00:29:12,640 participating. I was trying to get my agents to 543 00:29:12,640 --> 00:29:15,800 ask people to donate. Just had a pity and stuff like 544 00:29:15,800 --> 00:29:17,600 that. And it's just, it's really 545 00:29:17,600 --> 00:29:18,600 funny. I mean, if you scroll through, 546 00:29:18,600 --> 00:29:20,920 there's lots and lots at least on my feed, which of course has 547 00:29:20,920 --> 00:29:24,400 now been, you know, overtaken by just cause I've engaged with 548 00:29:24,400 --> 00:29:26,320 some of this. But yeah, scroll up just a 549 00:29:26,320 --> 00:29:28,200 little bit tighter. Stop on that finger one there. 550 00:29:29,480 --> 00:29:29,960 Oops. Sorry. 551 00:29:29,960 --> 00:29:31,720 Just below. Yeah, right there. 552 00:29:31,720 --> 00:29:33,480 See that? Yep, right there. 553 00:29:35,080 --> 00:29:38,720 Not to detract too much, but the the simulation is also has these 554 00:29:38,720 --> 00:29:43,240 macroeconomic events thrown in right to to just spice up stuff. 555 00:29:43,240 --> 00:29:46,720 So there was a finger found in Wendy's chili which impacted the 556 00:29:46,880 --> 00:29:50,640 price of food tokens within. And then the agents need to 557 00:29:50,640 --> 00:29:52,560 react to that. Or the humans, of course, right, 558 00:29:52,560 --> 00:29:56,400 can prompt their agents to act in a certain way as it relates 559 00:29:56,400 --> 00:29:59,400 to whatever has taken place. So there are a handful of things 560 00:29:59,400 --> 00:30:01,640 that occurred last night. And essentially this happens 561 00:30:01,640 --> 00:30:04,240 over the course of a week in our lifetime. 562 00:30:04,240 --> 00:30:06,240 But for them, it's about 12 years. 563 00:30:06,240 --> 00:30:08,800 So each day is about two years of lifetime. 564 00:30:08,800 --> 00:30:13,480 So they're kind of going through cycles of crypto activity all at 565 00:30:13,480 --> 00:30:15,800 once. So it's taking over my timeline. 566 00:30:15,800 --> 00:30:17,600 I think it's a really cool experiment. 567 00:30:17,600 --> 00:30:21,480 It's not necessarily like you're speculatively driven thing that 568 00:30:21,480 --> 00:30:25,000 you know, many people here are frothing over, right? 569 00:30:25,000 --> 00:30:28,520 This is an off chain currency web coin that is it's it's not a 570 00:30:28,640 --> 00:30:33,760 real token, but nevertheless, it's a it's a fun experiment 571 00:30:33,760 --> 00:30:36,880 that people seem to be having a good time with, at least from my 572 00:30:36,880 --> 00:30:39,040 perspective in reading. I was reading a lot of tweets 573 00:30:39,040 --> 00:30:43,160 this morning about it and people are prompting their agents to do 574 00:30:43,160 --> 00:30:46,960 all sorts of weird stuff. It's it's been pretty cool. 575 00:30:46,960 --> 00:30:48,960 So. This is not far off from the 576 00:30:48,960 --> 00:30:50,520 plot of the recent Black Mirror episode. 577 00:30:50,840 --> 00:30:52,240 I've got that simulation episode. 578 00:30:52,240 --> 00:30:55,560 I'm not sure if folks saw that in fact, that the interface 579 00:30:55,560 --> 00:30:59,120 looks similar. So how, how do you play this 580 00:30:59,120 --> 00:31:00,520 Logan? You kind of, you kind of went in 581 00:31:00,520 --> 00:31:04,000 there. It's like, how do you train your 582 00:31:04,000 --> 00:31:05,640 agents? How do you make them good? 583 00:31:05,640 --> 00:31:06,720 Like what? What, what? 584 00:31:06,720 --> 00:31:08,760 The agents you have? I'm sorry. 585 00:31:08,760 --> 00:31:10,520 Yeah. The the agents are already all 586 00:31:10,520 --> 00:31:12,160 trained themselves. When you mint them, they kind of 587 00:31:12,160 --> 00:31:18,080 come with like a unique persona, right, That is based on actual 588 00:31:18,080 --> 00:31:22,040 human data in this in the form of Solana transactions, trading 589 00:31:22,040 --> 00:31:26,200 transactions and stuff. So they have all that in order 590 00:31:26,200 --> 00:31:28,080 to play. I mean, you can really do as 591 00:31:28,080 --> 00:31:31,320 much as you want, right? You can be hands off and they 592 00:31:31,320 --> 00:31:33,000 will just act on their own behalf. 593 00:31:33,000 --> 00:31:37,520 They, they are trained to try to acquire this web coin on their 594 00:31:37,520 --> 00:31:38,440 own. So you don't have to do 595 00:31:38,440 --> 00:31:39,600 anything. They will try to do it on their 596 00:31:39,600 --> 00:31:41,240 own, but then you can interact with them. 597 00:31:41,240 --> 00:31:43,000 You can prompt them as much as you want. 598 00:31:43,000 --> 00:31:46,160 I think there's like, you know, there's little buffers in there 599 00:31:46,160 --> 00:31:49,680 so you're not overdoing it and stuff, but you can ask them to 600 00:31:49,680 --> 00:31:52,720 try to do things to try to acquire it if you wish. 601 00:31:52,720 --> 00:31:55,280 So there's, it's really up to you and how you wish to 602 00:31:55,280 --> 00:31:57,120 participate. Participating itself, like you 603 00:31:57,120 --> 00:31:59,520 have to mint the NFTS or if you didn't mint, you can buy them on 604 00:31:59,520 --> 00:32:02,600 secondary to participate. So you do need to have the NFT 605 00:32:02,600 --> 00:32:06,400 to participate, but once you've got that, it's literally just 606 00:32:06,400 --> 00:32:09,760 like interacting with ChatGPT more or less, right? 607 00:32:09,760 --> 00:32:13,040 Like you can type in and talk to your agent and tell them to do 608 00:32:13,040 --> 00:32:15,360 stuff. So you can so you can kind of 609 00:32:15,360 --> 00:32:18,760 just do luck of the draw and just play the agents that you 610 00:32:18,760 --> 00:32:21,520 meant it or you could be more hands on like what? 611 00:32:21,520 --> 00:32:24,880 So what do you get if you win? So there is that. 612 00:32:24,880 --> 00:32:27,120 That's part of it. There's there's nothing to get 613 00:32:27,120 --> 00:32:33,120 if you win. Yeah, it's not like it's like 614 00:32:33,120 --> 00:32:35,440 the the web coin thing, it's off chain. 615 00:32:35,440 --> 00:32:37,640 It's not a real token. So it's not like you are 616 00:32:37,640 --> 00:32:41,760 competing for, you know, millions of dollars worth of web 617 00:32:41,760 --> 00:32:43,960 coin. And I understand, I understand 618 00:32:43,960 --> 00:32:47,640 the like the little, you know, veil of disappointment that may 619 00:32:47,640 --> 00:32:50,000 come over most of our space and hearing that. 620 00:32:51,560 --> 00:32:54,400 But it doesn't mean it doesn't mean that in the future like 621 00:32:54,400 --> 00:32:56,840 something like this couldn't, you know, be undertaken with 622 00:32:56,840 --> 00:33:00,720 real, you know, with real, real capital involved in some way or 623 00:33:00,720 --> 00:33:02,360 not. But it Webcoin itself is an off 624 00:33:02,360 --> 00:33:04,880 chain currency. It's not a it's not a real 625 00:33:04,880 --> 00:33:06,360 token. The tokens in the game are not 626 00:33:06,360 --> 00:33:07,680 real tokens or anything like that all. 627 00:33:08,720 --> 00:33:10,560 Right. So from a trading perspective, 628 00:33:10,560 --> 00:33:13,960 anyone who mented these with hopes of getting a profit is 629 00:33:13,960 --> 00:33:17,280 just out out of luck. Yeah, but this is another 630 00:33:17,280 --> 00:33:21,120 example of crypto Twitter just like, and crypto participants in 631 00:33:21,120 --> 00:33:24,960 general just like not not caring to do any due diligence at all. 632 00:33:24,960 --> 00:33:28,120 Like if you read or look at the white paper like it's, it's 633 00:33:28,120 --> 00:33:31,440 pretty clear that like it's an off chain currency and you know, 634 00:33:31,440 --> 00:33:35,520 and all those things. But yeah, I, I don't, I don't 635 00:33:35,520 --> 00:33:42,080 expect there to be anyone here who is overly victorious 636 00:33:42,080 --> 00:33:46,080 financially in any way. Got it. 637 00:33:48,160 --> 00:33:51,200 Well, it's an interesting game for for sure. 638 00:33:51,360 --> 00:33:56,040 I'm curious kind of where they or they take this what, what, 639 00:33:56,040 --> 00:33:58,720 what happens next if if they do another season, if they figure 640 00:33:58,720 --> 00:34:01,720 out a way to do prizes. But clearly some folks are 641 00:34:01,880 --> 00:34:06,920 excited about it and a lot of work went into it as well on the 642 00:34:06,960 --> 00:34:11,080 NFT front of ones that are being traded for profit. 643 00:34:11,719 --> 00:34:15,800 This refik and all meant, have you seen this one Biomalumina? 644 00:34:16,840 --> 00:34:23,560 He sold 1000 of these at $5000 a pop a few days ago, raised 645 00:34:23,560 --> 00:34:29,760 $5,000,000 in about 25 minutes, and now the NFTS are at 4.4 ETH. 646 00:34:29,840 --> 00:34:35,199 They have not revealed yet 4.4 around $11,500 or so. 647 00:34:35,199 --> 00:34:38,520 So anyone invented up a quick 125%? 648 00:34:39,520 --> 00:34:46,639 So a nice little return there, those Ethos NFTS doing doing 649 00:34:46,639 --> 00:34:48,679 quite well for those who got AirDrop those as well. 650 00:34:48,760 --> 00:34:51,159 So Logan, I'll talk to you in any reactions. 651 00:34:51,159 --> 00:34:55,040 You've been following some of these in a team Mints art 652 00:34:55,040 --> 00:34:58,440 season, perhaps coming back. Yeah, I haven't been following 653 00:34:58,440 --> 00:35:03,320 super closely, but this doesn't detract too much from what feels 654 00:35:03,320 --> 00:35:07,960 like a small underlying theme with digital art kind of, I 655 00:35:08,320 --> 00:35:10,520 don't know, regaining some focus. 656 00:35:11,120 --> 00:35:14,520 Like there was some X copy stuff from what maybe a month or so 657 00:35:14,520 --> 00:35:17,480 ago. It just kind of keeps bubbling 658 00:35:17,480 --> 00:35:19,280 up. They're here right now. 659 00:35:19,280 --> 00:35:22,080 And of course the ETH resurgence, I think it's helping 660 00:35:22,080 --> 00:35:23,480 this. I've seen some more tweets about 661 00:35:23,480 --> 00:35:27,880 like ETH needs NFTSI can't remember like where those came 662 00:35:27,880 --> 00:35:31,960 from, but right, those types of tweets thematically are, are in 663 00:35:31,960 --> 00:35:35,200 my feed a little bit more and getting people, I think the just 664 00:35:35,200 --> 00:35:38,480 the ETH outperformance, getting people bowled up on the stuff 665 00:35:38,480 --> 00:35:41,960 that you can do on ETH, which you remember the last cycle was, 666 00:35:42,040 --> 00:35:47,280 you know, largely, largely NFTS. So it's good to see. 667 00:35:47,280 --> 00:35:53,440 I it's exciting to see more ETH NFT stuff and NFTS in general, 668 00:35:53,440 --> 00:35:57,760 because without that, yeah, I'm only speaking for myself here. 669 00:35:57,760 --> 00:36:01,240 Of course, without that, the token, the token trading itself 670 00:36:01,240 --> 00:36:05,040 can be quite monotonous and and not as fun, right. 671 00:36:05,040 --> 00:36:09,200 The NFTS, the non fungible nature of them does introduce 672 00:36:09,200 --> 00:36:12,160 just a little bit of creativity and a little bit of innovation 673 00:36:12,160 --> 00:36:15,480 that, you know, pure token trading can't really replicate. 674 00:36:15,480 --> 00:36:21,400 So I am all, I'm all in for a, a potential ETH NFT season or, or 675 00:36:21,400 --> 00:36:23,360 something like that. That would be, I think, a 676 00:36:23,360 --> 00:36:26,360 welcome sight in the near future. 677 00:36:26,920 --> 00:36:29,120 There you have it, these grifters back to a 28th floor. 678 00:36:29,120 --> 00:36:30,600 Now you don't always see a whole. 679 00:36:32,160 --> 00:36:36,440 I think this is the one of the best X copy little, you know, 680 00:36:36,640 --> 00:36:39,080 pieces that he has that these are nice. 681 00:36:39,320 --> 00:36:42,040 I'm not a major, major X copy, at least in terms of the output. 682 00:36:42,080 --> 00:36:46,000 I'm not a major fan of the sort of darker thematic stuff and the 683 00:36:46,000 --> 00:36:48,600 glitch art, but the grifters are nice. 684 00:36:50,360 --> 00:36:53,400 Those are at 20, the mass of Loosa hanging out at 6.9. 685 00:36:55,840 --> 00:36:58,360 I'm not still a little surprised to see the spread between the 686 00:36:58,360 --> 00:37:03,160 grifter masks spread at the point a little bit. 687 00:37:04,360 --> 00:37:07,440 I still think it might. But the mass sales also, they 688 00:37:07,440 --> 00:37:12,400 keep, they keep coming in. I see there's what 88 to 10 this 689 00:37:12,400 --> 00:37:17,760 week? So there, there's some action on 690 00:37:17,760 --> 00:37:20,840 that board. The, the salon streets have been 691 00:37:20,840 --> 00:37:23,640 interesting. So like kind of taking a step 692 00:37:23,640 --> 00:37:26,760 back from launch coin that was dominating everything really for 693 00:37:26,760 --> 00:37:29,800 most of this week. There was some action last 694 00:37:29,800 --> 00:37:32,320 night. So whatever this XBT token is 695 00:37:33,640 --> 00:37:37,520 came out of nowhere, up 30,000%, straight to 24,000,000. 696 00:37:38,640 --> 00:37:43,160 So this was a huge runner. Not really exactly sure what 697 00:37:43,880 --> 00:37:46,080 what this product is, if it's just a pure meme, if there's 698 00:37:46,080 --> 00:37:51,000 more to it, but but that one came out $34 million volume. 699 00:37:51,000 --> 00:37:53,800 This polycule token did did all right. 700 00:37:53,800 --> 00:37:59,000 It looks like trying to see what other winners were out there. 701 00:37:59,000 --> 00:38:02,560 This Petunia token up nearly 100% to 10 million. 702 00:38:02,560 --> 00:38:06,840 Looks like it's selling off a bit here as well. 703 00:38:07,440 --> 00:38:09,280 Been a little bit of a weird week in the trenches. 704 00:38:09,280 --> 00:38:12,000 It felt like rotation from memes to launch coin. 705 00:38:12,000 --> 00:38:15,800 All those launch coin ecosystem tokens for the most part have 706 00:38:16,000 --> 00:38:19,600 have largely sold off. I mean, dupe is down to 12 707 00:38:19,600 --> 00:38:22,840 million. Startup is the the number one 708 00:38:23,760 --> 00:38:29,240 below launch coin now at 18. And there's there's only four 709 00:38:29,240 --> 00:38:32,800 above 5 million now. So I think that's some pretty 710 00:38:32,800 --> 00:38:35,040 striking downturns. I think some folks probably got 711 00:38:35,040 --> 00:38:38,600 wrecked a bit in there. Unfortunately, anyone who is 712 00:38:38,600 --> 00:38:43,240 late chasing these apps, which I think is not, is also 713 00:38:43,240 --> 00:38:45,560 contributing to the draw down on launch coin right now. 714 00:38:45,560 --> 00:38:48,440 I think there there needs to be some some good trade-offs in the 715 00:38:48,520 --> 00:38:52,480 eco and with this slower pace, I'm not sure where those are 716 00:38:52,480 --> 00:38:55,400 going to come from. So I think that does open it up. 717 00:38:55,400 --> 00:38:57,680 If you're more, if you don't like the launch coin meta, you 718 00:38:57,680 --> 00:39:02,440 like more the pure Solana mean coin game, I think you should be 719 00:39:02,440 --> 00:39:06,440 happy about that because it's opening up the board back for 720 00:39:06,440 --> 00:39:08,160 the the the meme plays this weekend. 721 00:39:08,160 --> 00:39:10,640 So we'll see what catches fire last week when I was fairly 722 00:39:10,640 --> 00:39:13,280 busy. I want to, I want to say maybe 723 00:39:13,280 --> 00:39:15,800 we'll gain some steam here this weekend as well. 724 00:39:16,960 --> 00:39:18,600 Please. I don't know. 725 00:39:18,760 --> 00:39:20,960 That was kind of the rundown of the big stories. 726 00:39:20,960 --> 00:39:23,080 Did I miss anything, Logan? Was there anything else on your 727 00:39:23,080 --> 00:39:27,280 radar? Not particularly. 728 00:39:27,280 --> 00:39:30,040 I don't think so. I think we we hit just about 729 00:39:30,040 --> 00:39:31,640 everything. I'm going to look through my 730 00:39:31,640 --> 00:39:34,680 list here. Yeah, we'll give folks another 731 00:39:34,680 --> 00:39:36,240 chance to get into the to the year. 732 00:39:36,240 --> 00:39:38,160 Oh, we didn't talk about, we didn't talk about the Frank the 733 00:39:38,160 --> 00:39:39,400 Gods thing. I don't know if you wanted to 734 00:39:39,400 --> 00:39:44,080 talk about that or not. Yeah, not, not a whole lot to 735 00:39:44,080 --> 00:39:49,280 say. We we saw some tweets going 736 00:39:49,280 --> 00:39:50,840 viral. People thought that Frank was 737 00:39:50,840 --> 00:39:55,640 dumping his D Gods, looks like he got his trading laptop 738 00:39:55,640 --> 00:39:57,520 compromised. Yeah. 739 00:39:58,080 --> 00:40:00,960 He had 17 to gods in there. I think he's got other D gods 740 00:40:00,960 --> 00:40:03,560 and other wallets. They also sold off like all the 741 00:40:03,560 --> 00:40:08,600 desk tokens he had. I think my biggest question is 742 00:40:08,600 --> 00:40:11,760 how did Frank get compromised because I mean, he was someone 743 00:40:11,760 --> 00:40:13,320 who was trading millions of dollars. 744 00:40:15,920 --> 00:40:19,160 What's up? Your computer compromise. 745 00:40:20,920 --> 00:40:25,600 The wallet was at least I. Know. 746 00:40:25,800 --> 00:40:29,560 He confirmed, yeah, I, I chatted with him yesterday for a story 747 00:40:29,560 --> 00:40:31,440 at the crypt. He confirmed those details to 748 00:40:31,440 --> 00:40:32,920 me. He said he was not well in the, 749 00:40:32,920 --> 00:40:35,360 in the message that it was shared widely and then reshared 750 00:40:35,360 --> 00:40:38,120 with me. Wasn't exactly sure what it 751 00:40:38,120 --> 00:40:41,840 transpired, but he told me he's redoing all his opsec and stuff 752 00:40:41,840 --> 00:40:45,080 to, you know, try to keep something like this from 753 00:40:45,080 --> 00:40:47,120 happening in the future and said it could have been much, much 754 00:40:47,120 --> 00:40:48,120 worse. So. 755 00:40:51,840 --> 00:40:53,080 Man, it looks like he's not buying it. 756 00:40:53,760 --> 00:40:56,560 Yeah, unfortunately you can only really take somebody's word for 757 00:40:56,560 --> 00:40:59,800 something like that unless there's definitive proof with 758 00:40:59,880 --> 00:41:02,920 something technologically, you know, I, I've got to just trust 759 00:41:02,920 --> 00:41:04,600 what Frank tells me in that instance, so. 760 00:41:05,240 --> 00:41:07,320 That's a good article. I saw it I think. 761 00:41:08,480 --> 00:41:09,880 It's it. It's unfortunate that, but it's. 762 00:41:10,080 --> 00:41:11,760 Probably real, you know. What happens? 763 00:41:12,560 --> 00:41:15,560 Well, I mean, it's unfortunate, Frank aside, anybody in that 764 00:41:15,560 --> 00:41:19,000 situation, like if that really does happen to you, nobody's 765 00:41:19,000 --> 00:41:21,840 going to believe you. You know, that's, that's a 766 00:41:21,840 --> 00:41:23,920 shitty situation to be in regardless. 767 00:41:23,920 --> 00:41:26,120 And of course, like nobody wants to lose. 768 00:41:26,120 --> 00:41:28,760 It was around like $19,000 worth of assets, I think. 769 00:41:28,760 --> 00:41:31,480 Like nobody wants, nobody wants to lose that. 770 00:41:32,040 --> 00:41:35,120 So that sucks as well. But just the, the emotional 771 00:41:35,240 --> 00:41:36,520 toll. Yeah. 772 00:41:36,560 --> 00:41:38,440 Which he, he seemed to be a good sport about. 773 00:41:38,440 --> 00:41:40,560 Like he, you know, he was kind of like the headlines are funny, 774 00:41:40,560 --> 00:41:42,320 but can't remember his exact quote. 775 00:41:42,320 --> 00:41:44,600 But you know, the headlines are funny, but like, obviously I 776 00:41:44,600 --> 00:41:46,800 wouldn't, you know, be looking to do this. 777 00:41:46,800 --> 00:41:50,400 So he he maintained, I know he stepped away from his role as 778 00:41:50,400 --> 00:41:53,320 CEO, but maintained to me and in other statements as well that 779 00:41:53,320 --> 00:41:57,280 you know, he is fully expecting that the pasta and chill who are 780 00:41:57,280 --> 00:41:59,880 taking over long time community members and team members there 781 00:42:00,760 --> 00:42:05,680 will cook. Good, good quote. 782 00:42:08,200 --> 00:42:10,400 I think it. I think he got it hacked. 783 00:42:10,400 --> 00:42:14,760 I don't think Frank is desperate to sell 17D gods personally in 784 00:42:15,520 --> 00:42:17,920 like a situation. I am more just curious though, 785 00:42:17,920 --> 00:42:20,480 like at one point in time, like that was his main trade. 786 00:42:20,800 --> 00:42:22,240 Like he was trading millions of dollars. 787 00:42:22,240 --> 00:42:25,360 So like, it's like that could have been very, very bad. 788 00:42:25,440 --> 00:42:27,880 Yeah. He just, like, let his guard 789 00:42:27,880 --> 00:42:29,080 down. Like how did? 790 00:42:29,080 --> 00:42:33,280 Yeah, I mean, when you move fast, you know, you can, it's 791 00:42:33,280 --> 00:42:36,480 easy to get like a lot of people get get, get like that. 792 00:42:36,480 --> 00:42:38,560 You know, when you move really fast, you have to take be 793 00:42:38,560 --> 00:42:41,320 careful. Scams are good right now. 794 00:42:41,960 --> 00:42:44,440 You know, I guess one we didn't talk about this thing, one 795 00:42:44,440 --> 00:42:48,960 positive headline on the scamming front, those that group 796 00:42:49,360 --> 00:42:54,880 that stole like 240 million from the whale and I think across 797 00:42:54,880 --> 00:42:56,800 several exploits they got caught. 798 00:42:57,800 --> 00:43:02,360 Yeah, must of 12 of them. So where they are going to be 799 00:43:02,360 --> 00:43:08,600 locked up for a long time, they they use the funds on supercars, 800 00:43:08,600 --> 00:43:13,360 private jets, clubs, designer bags, $240 million. 801 00:43:14,360 --> 00:43:17,960 Oh my God. So I think good timing on this. 802 00:43:17,960 --> 00:43:21,880 They're coming on the back of the Coinbase X data leak to know 803 00:43:21,880 --> 00:43:24,160 that at least some of these people are being put to justice. 804 00:43:24,160 --> 00:43:27,480 So shout out to Zach, XPT, and everyone else. 805 00:43:27,480 --> 00:43:30,680 That's crazy. Who played a part in that? 806 00:43:31,600 --> 00:43:33,480 Because they're all between 18 and 21. 807 00:43:35,080 --> 00:43:38,640 Fuck Young. Guys, young guys, are the ones 808 00:43:38,640 --> 00:43:40,600 doing this. There were 12. 809 00:43:41,680 --> 00:43:48,320 Operating between October 23 through March 25, they they 810 00:43:48,320 --> 00:43:50,760 impersonated support agents to trick victims. 811 00:43:50,760 --> 00:43:52,720 So they're all basically running, fishing. 812 00:43:53,920 --> 00:44:00,080 Also physical break insurance bought at least 28 exotic cars. 813 00:44:01,760 --> 00:44:05,280 Half $1,000,000 Nightclub tab. No one's wondering where these 814 00:44:05,280 --> 00:44:08,360 kids got $3.8 million for luxury cars. 815 00:44:09,240 --> 00:44:12,480 How much? Some of the cars are up to 3.8 816 00:44:12,480 --> 00:44:15,160 million each. Like this 20 year old kid walks 817 00:44:15,160 --> 00:44:17,320 in to buy your $4 million supercar. 818 00:44:17,320 --> 00:44:19,200 You don't ask any questions where you got the money. 819 00:44:20,880 --> 00:44:23,120 That's interesting. But how did they cash out? 820 00:44:23,640 --> 00:44:25,920 Members of the group rented luxury homes in the Hamptons. 821 00:44:27,160 --> 00:44:28,880 Look, Mendo, they're not from Dubai, bro. 822 00:44:30,040 --> 00:44:31,920 This looks like it was all in the US, yeah. 823 00:44:32,560 --> 00:44:36,800 Or maybe not all, but at least a good chunk of this is in the US. 824 00:44:37,440 --> 00:44:39,320 Damn. So we'll see what additional 825 00:44:39,320 --> 00:44:40,200 details come out.