Yo-yo, yo, what up? What up? Good morning. Good morning. GFG Wednesday, April 23rd, 2025. Look at that another beautiful day to have a beautiful day. I got my colors in the house. Tyler, Tyler. Tyler, good morning. How you doing today? Fantastic. Waking up to a lot of green candles on the board, something we're seeing some numbers. They're at three month highs and couple weeks ago felt like it was so over. Today feels like we're so back. Yeah, that's how it feels to me
at least. You had a, you had a, what's it called? The fear and greed index, Like 72 or some shit up from 10 a few weeks ago. So definitely a feeling of a a sentiment of we're so back across the board today, a little little pullback this morning, you know bitcoins down to a mere 93.2 K yeah, but but we absolutely love to see don't get shaken out. Y'all don't get shaken out. You know, we're we're probably going to get a little bit of you know, volatility here, but we're
looking good. We're looking good and I'm sure we'll talk about all the amazing headlines that have been coming through here. So we'll talk markets. I don't think we'll have man to say, but we'll still go through the market. We'll talk Tyler's topics that we'll we'll pick a few topics and and have some conversations. Looks like you guys are liking the clips and all the different topics that we've been putting out there. We'll do a Yeet giveaway. So someone's going to come and
win some money. So yeet.com, make sure you sign up using FOMO hours of code. You have to use FOMO hours affiliate or else you cannot win. We're going to give a code during the show, but make sure that you use that. And as usual, this show is powered by Wallet Connect. Wallet Connect is the connectivity network shaping the future of all chain UX. If you've connected to a Web 3 app, you've seen Wallet Connect.
That blue logo it's everywhere and I kind of trust in crypto as recognizable as visa check out once of the more follow wallet connect on X and Telegraph to stay ahead of what's next Tyler today you tell me what's next we're. Going to do the intro. Hold on, it's coming. Tyler didn't on FOMO our cause the kid can't. Bring the batch of bears, folks. Crypto majors up five to 10%. Biggest Green Day in months. As the trade war eases, Trump softens his tone. Dare I say, pivots?
We got some breaking news this morning. We'll get into that here in a minute. Odds of Trump lowering tariffs on China are soaring after some of these recent reports. We'll get into those details. Bitcoin up three percent, 93350. It looks like ETH up nearly 10 percent 1800 Seoul up over 150 IMX, SUI and Ena leading alts they're up 15 to 30% on the day. We also saw meme soaring AI token soaring even more. We'll get we'll get into those
later in the report. In macro headlines, the Bitcoin ETS saw $912 million in inflows yesterday, smashing local highs, their highest amount since January 17th. That's pre inauguration. So that's the highest day of inflows under the Trump presidency. Cantor, this is arguably the biggest story of the day. Cantor is reportedly nearing a deal with SoftBank, Tether and I believe a few others to form a multi billion dollar Bitcoin
acquisition vehicle. So they are seemingly following the sailor strategy playbook and they've got a lot of capital behind them and SoftBank also huge, huge pockets. So they're tight end Jan over. They bought another 88,000 Soul on Monday. Now their holdings are up over $37 million. They also changed their name to D5 Development Corporation. So we'll we'll see if they continue to develop more Solana Holdings.
The European Data Protection Board approved draft guidelines aimed at aligning blockchain data handling with the EU's GDPR requirements. So that's going to be 1 to watch. Then the SEC dropped its fraud case against Richard Hart, the founder of Hex Pulse Chain and Pulse X in token AirDrop and protocol news. Hyper Liquid number one in fees across chains on the day over $2,000,000. Fancy top. They had several new updates and changes to their game.
They've got a new clout feature rewarding broader members of Crypto X that can all become heroes at this point. A new four week season, a change reward structure, and more. Myriad introduced a new badge yesterday called the Myriad Grandmaster Badge to those who have budgeted $500 or more and looks like breaking right before the show. This new share to earn program is live. So we'll get into that here later on as well.
In raise news, Analog raised $15 million through a token sale to build interoperability tools like Firestarter for tokenizing real world assets. And then Arch raised $13 million in the Series A to build permissionless financial rails for a Bitcoin denominated world. All right in AI and memes and NM TS wrapping this up AI folks, this was the story, one of the stories of the of the night market cap of 18% leaders up 30
to 40%. Some notable movers like 0 brought up 150%, other tokens up, AIOS up 400%, Opie, I'm up 80X. Just some crazy movement on that board. Meme coin leaders also very green, up 10 to 25%. Bonk was leading the way, it was up 20%, but Brett Pingu both up 30 to 35% on the day. Troll was a top mover on that Solana board, it was up 160%. Pump swap actually saw its highest volume ever with one point O $6 billion in volume yesterday.
So the pump team is cooking. ETH or NFTS were a little bit quiet, but some of the NFT leaders are green. Punks Up 4% at 44 with that E so up even more in USD terms. Pudgy's up 5% at 10.2 as well. Sounds good. I love that. There's a lot, a lot to discuss here. I mean, we should probably start with the Cantor news, right? It seems like that was kind of like relevant to the market or or why don't we just go through the market real? Quick, yeah, we can go through
some of the macro. Yeah, Let's go some of the macro first. Yeah, let's do that. I know we don't have Mando. We could still go through price actually, which is actually, I mean, damn, we had $94,000 yesterday, Tyler, love to see that. And again this morning I think we went to 94.5 briefly on the US Open. So I want to walk through the
events of yesterday. So yesterday Scott Bessette told a group of bankers in a closed door meeting that this war, this trade war with China was unsustainable and that they needed to to walk back some of these tariffs and that it would
come soon. So I think that word got out and we saw stocks pumping into the afternoon and then around 4:00 or 5:00 PM after markets closed, got there was a, an interview with Trump. He said he's not going to play hardball with Z with China, that the tariffs will be lower than 145%. And then news broke he does plan to meet with Z in May. Then now some news that came out
this morning. It looks like they're saying likely 50% reduction in the tariffs on China, so bringing them down from 145% to closer to 50 to 65%. And then the Wall Street Journal reporting that Besson also talked Trump out on firing Powell. So that's another perhaps large negative risk factor, yo. Remove. We just got more news on that one minute ago. Actually, as you're talking, White House would look at lowering tariffs on Chinese imports pending talks to Beijing.
Any steps would be in conjunction with China talks, not unilateral. So rumors of talks right now, it's not done but. It's one of those things where it's it's hard to Trump's been so volatile, it's hard to get like really fired up that he's not just going to change his mind again, right? But it, it does seem like the calmer heads in the room, the best in the world saying, OK, we like this is this is causing too much havoc. And I think it would be real chaos if if he was to walk it
back more from here. I feel like if he says no, we're going to go back to 145. I think that would cause a lot of problems. So my gut view is that the, the talks from here on will be holding these levels and or giving more back versus more races in these tariffs. So we'll see. I mean, I, I was shocked at, at these odds of this deal on Polymarket. I can send you 85%. They're saying 85% chance that a tariff deal with China gets done by the end of May.
I would have guessed before yesterday this was like a three to six month deal, maybe end of 2025. Maybe they're able to pull it up sooner. But it felt like something that would take some serious time and maybe no side's a good bet here. I don't know. I'm still like processing all this. I don't know. I think they're backing down a bit here, no like. That's a, that's a really positive outcome. I think it's almost regardless of what the end result is, just because of the uncertainty, it
will remove. And we haven't even seen yet what the impact of, of the tears will be, which is 'cause, you know, effectively pal, like, he's like, we can't make any decisions yet. We can't make any changes yet until we see this data. Well, if we get the final results, then we can start to see how this actually starts to impact the, the broader economy. So we're moving That uncertainty is huge. May 31st is not. It's a nice 5. Weeks away. Yes, 5 weeks is is a lot of time, right?
Like things can be fixed in the call here brother. I hope I and I'm not a global trade deal expert by any means. Yeah, but. I mean, I am OK, So I'm Iranian. So by default, us Iranians are our global trade deal experts, geopolitical experts, historic historian experts, history experts, you know, white BMW experts, you know, food experts. So as a global economy expert and geopolitical expert, I think you know, you know, here's what's going on.
Trump threatened China. China doesn't like the threats. They're not going to operate on the threats. They know what they have. You know, I think maybe America overplayed their hand a little bit. Best that they were like, whoa, whoa, whoa, whoa, whoa. But you got to relax a little bit over here. And now, you know, there seems like there's going to be some sort of a conversation. But that's kind of what we expected of Trump, right? Little shake and bake.
So we'll see. I mean July 31st probably the better bet, but May 31st, that would be nice. Yeah, July, I, I I could get behind July 31st. Yeah, that's. There's no June here. Why is there no June here? Yeah, a little, a little strange. Right. And I guess you must have to bet that it happens. So it would have to be after May but before July for that to win, or else maybe not. Yeah, I'd have to look at the fine print, but some surprising volume as well. Surprising that that maybe was 10X.
July. You know what though? If you're a Dejan, you could punt April 30th. You could punt the no side as a hitch. And you can punt the no side of the heads, yeah. 8X8X on no that's interesting. I think. The Bull. The Bulls, the bull in me wants the deal to go through so I I don't want to be on on that no side and I'm not that much of a hedger.
Interesting. If, if we get an announcement of either a pause on tariffs, I guess what we could get before lower tariff news, we could get a tariff pause news which would make more sense like pausing before deciding. So it's like a ceasefire almost right between the two. You don't win. I guess I think we're more likely to have a pause on tariffs like we did with US with Canada and Mexico originally. Like that April second thing.
Or was it more, I forget what it was like, where does crypto go then? Like it's crazy. But you know, we're getting those headlines right now and it's it's working our favor, right? Proves you that there was a lot of upside, a lot of sideline money waiting for for this. Yeah, a couple of thoughts. I mean, one's like it seemed like the whole crypto decoupling narrative was a crypto was pumping despite stocks going
down and despite negative news. Maybe it was, you know, a hedge against the dollar, it was a hedge against Trump firing Powell. And then even with that, some of that removed, it's still pumping. So we're kind of we're moving up on, on the, on positive and negative things here, which which is interesting. And then Recommendo had a nice little tweet this morning. He put he pulled up our beloved M2 chart, which I was a little surprised. I love that.
I love. That too, If this plays out, I'm just going to throw away every other chart and I'm I'm simply just going to look at this every day and then see what we're going to do. I mean, is that like this again? It's. It's up every day if you go by the M2 chart with tiny little pullbacks, like the next pullback is what? Like I was talking to Wiz. He's like, yeah, we may see like he's like 100%. We see 88, maybe 50%, we see 84 and tiny bit of chance at 82.
That's everyone expecting this whole pump to 90K sideline capital. But like, think about that 88, OK, 84, cool. 82, yeah, sure. That'll scare a few people that say it was a bull trap, but you know, even those dips don't seem too scary right at this stage they're. They're tiny. They're they're blips. I mean, I don't think anyone's expecting us just to go like March up 3 to 5% green every day for the next quarter, right? We we know how this works. But like those aren't even big
draw downs. Yeah. The other question is I got the, there's other people in the time. I'm going to say we're just, we're back in the range. We are right now, right? Range. We're just going to range for the 90 days. That's fine. I'd rather range between 90 to 100K than between 74 and 90K. Of course, I mean back in the range is great compared to where we were. So I don't yeah, I don't think it would be too upset by that. I think it'll. I don't know this looks like here.
This looks like the last bit. Remember we we were joking. I even found my old post saying like what if this happens again? And then I had put like a nine month range here. If you go by So let's say this has played out you're like here, this is this on the screen, right? So then you'd have like a tiny bit more chop left. That's if you strictly go off of this, which is too easy to be true, right? So you'd have what, 48 days. So it's it aligns with what you're saying a little bit.
All right, So a little bit of range here before we move up. And that would leave us at what, early June, which is in line with what one of our main thesis was that. That's the E20201 rally where we we, we pump in the summer. If you don't think we're going to pump in the summer, then we're back at that nine months. Basically the nine months plays out if we go sideways all summer. Does it? Let me see. Hold on. Because really, it was this range here, Tyler. Let me see.
It was 251 days, something like that, Yeah. So that's 8. Months, so that was exactly let's say here. So to July, mid-july, yeah see that's when the eight months finishes. We've been ranging forever, brother. We started this range in November 1st week of November. Yeah, I guess so. So I mean, wow, So that actually still aligns with the 2021. Yeah. Right, because it really was late July. August was when things were really blowing up.
And, and if you if and if to not make it easy, it would make sense that we pumped just a month before, right? Because everybody's going to expect dumps and then everybody just catches on. I was talking to Danny earlier. It was like it happened in 2017 where we had like an early summer pump like May ish and then June. Then usually people selling June and then July is kind of dumpy. August, then you pump again November. If we E20201 I believe in cycles.
I know Mando and Co like some people seem to not we like cycles, but like if you believe in cycles, you're thinking like same, same story. Like you're, you're pumping here through the summer when we dip a bit and then you double top again like around November ish. But what do I know? I'm just, I'm also just a DJN, but I like cycles and I'm probably going to be trading my size based on a cycle.
Like I'm going to be taking some chips off the table in June, small, I'm going to be taking some more chips off the table in Q4 and then I'll see what happens in Q1. You know, that's my plan. I'm looking to put chips on the table my friend I'm. All this I have nothing else. I come to him too. I'm trying to comb through my couch questions to find some digital coins that I can that I can get back into some new runners.
The the wild card here, while we're talking on timelines, that 180 day clock on the the US strategic Bitcoin Reserve plan, I want to say that clock started around January 30th. So 180 days, six months, it's in July. Six months is July. If we get that plan mid to late July, it's got any surprises in there? I don't. Know I think I put on the record like your May June pump, you know, it's selling mango away has become too consensus again, you know, because the last three
Mays were horrible. Last May I was so dumb. I was all that was a big fucking big and I remember just like ha ha ha, everyone's going to sell it May go away. I'm stupid. I didn't sell shit and I was sick come June I was like sick to my stomach. So I don't know, we'll see this time around. By May and pray. Well, I bought an April, but you know why? Because everyone's going to buy in May and they'll buy my bags in May. Buy Farox bags in May and pray we.
Were looking at Bitcoin, I think we got to take a look at ETH real quick. I mean it's let's go big, big move of 10%. When's the last time we had 10% candle? To please don't, let's not do this because we know what's going to happen if we like, celebrate this. 2 days ago ETH was 1560 and it was well, yesterday on the show we were like, Bitcoin's going to go back to 100K and it's going to be 1800 and it said 1800 1/2. So now, So what do we revise it to?
If Bitcoin say Bitcoin legs up to 100K in the next two weeks on this momentum, what's our new target for ETH? It can't be 1800. 1900, come on, it's got to be over. I think it's probably 2100. Now I, I just like, so I wish Mando was here too because I'd love to have a three-way conversation or debate with people. Like I have a question for you guys like, and I, I've talked about the show before. So if you listen to the show a long time, I've mentioned this a lot.
Ethereum can still be the most decentralized and best platform to build, but that still doesn't mean the token is worth $200 billion and more. Sure. But I guess like I just don't like why would he go to like 5000 here? Like what would be what would it take like with what it makes no money that all the money's going to L twos and the L twos are vampires that king L1 right now. Buyers catching the Bitcoin tailwinds. Maybe that's the the strongest narrative right now.
So the ETFs flipped big green yesterday on even on ETH. But SUI for example is up 30%. Solana's up big. So like on top of the L2 is vampire attacking ETH itself. I think L1's are starting to also vampire attack Ethereum right? Absolutely. And I'm not saying that I think. Yeah, of course.
A better buy than solar Sui. I kind of like the faster younger horses just from the trading hat, but the if you think institutional capital is going to continue to be a big trend this year and that's where a lot of the marginal buyers come or or even retail capital through institutions. But if all the other ETFs get approved, that fucks it even more, no? Yeah, When's that going to happen? You're right, not going to happen for six months. Solana closer to time I guess
than the rest. It could be. I feel like it's like a coin flop. Part of me thinks they're going to the SEC is going to move fast and maybe it's in. It's the summer part of me. I think the more traditional consensus view is it's Q4. Because I found it very bearish for ETH. Like for example, BlackRock has its own blockchain now. Securitize what? Not converge what? Securitize. Like Bank of America can just
create its own private chain. Like back then the narrative we we lost it. Like the ETH narrative got lost. Like after the whole like ultrasound money thing, the narrative should have always been that it's going to be. And that's what Dean, this investor, pushes a lot to his to his credit that like Ethereum, is the chain where institutions going to RWA tokenize everything. But now they're creating their own chains. But they're but that's the Bank of America chain then then
that's the BlackRock chain. So if you still want the decentralized permissionless route, still Ethereum. Do people care about that? Some some do. You and me do. I don't know if people do, but yeah, like someone said, BlackRock doesn't care about if they just picked it because it was second biggest market cap. I have to agree with you like. Maybe that's enough. That's what I'm saying. Just like we keep going back and forth this. Is.
Yeah, of course, of course. Right, like I don't know if what pushes it back to 4K. But that's the thing, right? It's like if you were there having this dilemma, I think This is why ether is lagging because we're having an honest conversation, but an asset that we own both like own NFTS on, for example, like I'm building mirror NL 2, which is technically Ethereum. So I don't know, I don't know. I, I think think about this all the time, man, We'll see.
It's a lot of holders, that's for sure. And I would love for ETH to recover because stuff like Pepe mog, wrecked crypto punks, Penguins, the L2's thrive like the the ecosystem of ETH, the $110 billion TVL, you know what I mean? There's a lot of money on here and you want it to go higher, you know? Anyways, what else Tyler? Big move in the punk floor on the ETH move yeah, let's let's go. So we, we, we, yeah, we can see that real quick. What how's the how's the price ratio going?
We're still down, let's see, 78 K So we're still down 16 percent, 17%. Still a big move. We, we finally broke that like 42 level. So now it jumped to 44. The board is still super thin. I mean, you were just scrolling through it like there's not a whole lot of. Oh, it's sold. Yeah, your girl. Finally. So it took forever to sell. Right before the show I think 86 K that looks good in USD. Yeah, they're nice. Anyways, anyone, anyone holding Ethan empty is is rooting for
this one. But yeah, let's talk about the Cantor news. And I think this is another big driver for, for crypto, for for Bitcoin, probably specifically. So Cantor teaming up, SoftBank tethered Bitfinex, saying it's a reported $3 billion deal. They're effectively pooling capital to form a new company. It's called 21 Capital, and they are going to be a Bitcoin acquisition vehicle, very similar to Michael Saylor's strategy. It looks like Cantor. So this is Brandon Lutnick,
Howard Lutnick's son. So ties to the White House at the highest levels they are putting in. Let's see. Well, so it's 1.5 billion from Tether, 900 million from SoftBank, 600 million from Bitfinex. So I'm actually not sure exactly what what Cantor, maybe Cantor is just running the operations on this. But huge news, huge headlines, impacts on the White House. I think SoftBank being pulled in
is a huge part of this as well. You know, they are one of the the companies investing up to like 50 billion in AI in the United States. I think it's 50, maybe it's 500, but they were they're leading that charge. They've got deep, deep pockets. And if they're getting into the Bitcoin acquisition game, it's pretty interesting, right?
So institutions are buying don't, don't want them steal your Bitcoin. It's really playing out like we talked about it like every day now I've got a headline of a company buying Bitcoin or Solana now not eat, interestingly enough, but we've had a couple companies this week, Upexi and and Jan over they're buying Solana. We've got metaplanet buying Bitcoin every week now it seems strategy. And then of course, I got all these other smaller companies are are jumping in.
Now you've got bigger ones. So I think 3 billion in Bitcoin is already going to racket ratchet them up the the rankings. I'd have to look at what Tesla's. I think Tesla's got closer to a billion. So they would already pass Tesla. Logan just wrote a story on the top ten companies holding Bitcoin. I'd have to look back at that. But this, I think they would be top five probably. I'll see if I can find it here during the show, but this was a big one. This is huge. This is huge.
I don't need to reiterate. You said all. We talk about this every single day. There's nothing else to see. But it's just where there's going to be 20 of these, there's going to be 100, there's going to be 5. Hundred of these I agree. You know, that's it. That's that's really today's show. By the way, the today's code is Bitcoin. So if you're a raffle, but the code today is Bitcoin, Bitcoin, Bitcoin is the code. Anyways, I, I want to go through this topic.
Someone here is saying I'm bidding on a goat comeback. I mean, that makes me think that makes me think of the AI board because OSF is also mentioning in the chat saying, I mean, you and Ovi are the only two people in all the crypto talking about AI16Z, so we may as well go there. That's because you do cover the AI board. So what do you how do you feel about that? Let's open cookie dot font. It's been a while. Yeah. So let's open it up. I want to look at the board big picture.
There's a question if Bitcoin rallies, what else is going to rally? With the 8 billion still? We got some of our answers. Memes, so alt pumps like sweet was up 25%, memes up 15 to 20% far coin we talked about at a time this AI board really popped yesterday like it popped the most. So the leaders were up 30 to 40%. Wow. And I'm talking about like, I mean, virtuals right now is up 27% at 500 million. And that's a $500 million token. So I guess it's a pretty big move.
So it added over 100 million in market cap yesterday. AI 16, ZS up 20% back to 200 million. This Alchemy tokens up 20 percent, 175. So it looks like we we cooled off a bit from just like a a massive overnight rally. That ACT token, the one that got listed on finance earlier is up 40%. Zero bro. Zero bro. I don't know, this is not enough for me to get excited. You. Know it's up 170%. I know, but look at the fucking thing.
I'm not racing into zero bro. I know you're not, but I'm just saying for people in general, like don't chase 170% pump, you know? We're in a really interesting position on these, so that a lot of these were all called dead. I thought they were dead. Yeah. They caught big pumps. And I do think there's a little bit of impulse like should we get back into these things? Like I'm, I'm facing that. So like goat, Goat's up 15%. It's 71,000,000. So it's not up as much.
But like, I think there's like if you were in the AI trade November to January, like you, you know, your, your favorite, you know, the tokens you like and it's like, oh, do I go back in? So I've been thinking about that this morning. I'm sitting on my hands. I haven't made any moves. I don't really, I don't really have exposure to the sector right now. So like AI 16. Yeah, yeah. I kind of put Park on his side right now.
It's its own thing, but AI 16, ZI was in for a long time with Ovi, cut ties with it, I want to say back in February, I think still higher than where it is right now. If I'm looking at this board and thinking about ways to potentially get exposure, I like new tokens. So I think Prompt is still one of the stronger horses on this list. They're up 26%, they're back at
30 cents. I think you, you got to take a look at the leaders because that's where I think the reflexive capital is going to go. But I think you also want to evaluate how strong their narrative still is. So like the AI agent launchpad isn't interesting to me as a narrative like we we had that there is no demands right now for tokenized AI agent reply guys. So I think you got to be building more than that set to really command a higher
evaluation. I guess I don't know exactly what else AI16Z is getting into right now. I don't know. I it's not sorry OB, I need you to pitch me the bull case. I don't. I don't see it. I think his bull case is simply like if crypto prices go up, these prices go up. Generally, I think this is it because I mean, what are we bullish on? Like have we even heard any news from all these people doing like this all?
So that's that's the other factor I think to watch is like what teams were kind of still building over the last three months. I'm asking what what team? What teams were? Building so I got I well, we, we really did not have many major announcements over the last few months. What did we? Hear combing. I wasn't not combing through these lists, but I was, I was trying to do at least surface
level reporting on this sector. Over the last three months, I, I rarely even had one, one bullet of news on any given day. So I was mostly just covering price action. I think Virtuals has had a few announcements, You know, they've been doing hackathons, they're working on some Genesis feature. I actually don't even know what that is. AI16Z has been talking about their Eliza V2 and their auto dot phone launchpad, which is not going to have a token.
So that does remove some of the risks there. They would have perhaps another token, but I'm still not necessarily exactly sure. OK, look, I was going to say like who shipped what? And this is like Griffin was active on social shipping little things here and there. OK, turned like they were shipping a little like, OK, OK, so the 5th, the 11th and the 17th, 17th, they shipped little things like here, here, here. So, OK, so they were around in April. Create get it.
OK, so March, so every couple weeks or two like March 12th. OK, March 14th. OK, so they shipped some stuff. Let's see Arc. And Griffin up 50%, so one of the top movers. Arc dot fun. What do they ship? I. Really do not remember saying much from ARC. I only care if the team ships something during this. That doesn't mean I'm buying them by the way. OK, so. Looks like they're big on this MCP and Ryzome thing. Maybe it's time to to get the founders back, back on the show and say what?
What do you guys been doing for three months? Yeah, we started kind of going down the path and then. I don't, I don't know, looks like Griffin shipped some things. Look please guys, if you're going to buy these tokens again, do what I am just did, but maybe a little more thorough and just look if they ship things, even little things like Griffin, I never really bought it, but I don't care. Like first glance I saw April
17th, April 11th and April 5th. They shipped 3 little things for their thing, meaning that they they they hey I know on ships daily. I did see that that means that they they tried see someone saying Griffin auschemist tank arch arch have been building hand on it. Like I don't know enough. Like I I tuned out of this shit.
That's what I'm saying. Like go make sure that the people that you're going to buy their tokens from actually ship because it was just like a three month dip and builder terms. Three months is fucking nothing. You know what I mean? Like if you gave up after three months, you know? So this was an interesting one. This was, I would not guess this that we get the first big green candles in Bitcoin and ETH and the crypto AI sector is the top winner.
I mean, I guess I always thought we would probably get another crypto AI run, but I didn't necessarily think it would be all the the old ones just immediately pumping on that. So they did. I think today is a risky day to enter these again. I want to see a little bit more.
And then I think to your point, if you're really going to start investing, you want to take a look at what what the the current value proposition is, what they're building, what they've been able to accomplish over the last few months. And does it make sense of these prices? But I mean, if we're just going to run it all back, then they're all cheap. Maybe Ovie's right.
The good thing about Ovie is even though he could be wrong on certain calls, like you know how he was like adamant but far coin, but then he was buying those dips. They were down there in the money still at least he's always buying dips. So like he did buy far coin and then his AI 16 is not green because he bought like while everybody was capitulating, he was buying. So it works out for him, you know, So I in that sense, you're
right. Just give it a shot, you know, at $50 million, I mean, fuck, at $300 million, we were wondering on the show if we should be buying ARC to go to a billion, you know what I mean? So like, Speaking of which AI and stuff, Ovie's coin wrecked. I was, I was looking this morning. So the one of the only things I didn't sell, not even a, a penny of it was wrecked during this
downtime. Because I know my boy, first of all is my boy, you know, I helped them out here and there, this and that, but it's back to 20 mil. Do you believe that Ovie's going to ship 20 minutes? What the TG that on gate? So I would look at things like that, right? So similarly, right. It's like they're lunching in your flavor. Ovie's tweeting about how he's got a bunch of shit shipping. You know, he's got a bunch of announcement partnerships.
A lot of these companies are back or company tokens. Company adjusted tokens are back to the prices they were when you wish you bought them. Definitely. So like when when when when when back was 120 mil. It was like Oh my God, I wish I part took a 20 mil. It's a 20 mil today. I just checked during the show. I forgot I turned out. So I was like, OK, cool. You know what I mean. So. This that's how you 10 XS right is you got to buy when it's quiet when no one else is doing it.
Because the farmer made the same point, Tyler Bitcoin went to 94 K, your favorite altcoin did not. So you're not too late to buying things. You're still early to buying things. Sure, if it dips again, it dips, but there is still some room to run. And then the second leg, usually you look at the things that actually ditch it. Don't go by just vaporware because the vaporware is probably going to be left behind, but the there will be
vapor that pumps by the way. But it's I feel like it's easier this time around. Like I feel like I was telling you this in the chat earlier. I was like pick an all, pick a meme coin and pick a major and I have a feeling if you pick 3 coins like that one, one major and 11 meme, you're probably going to outperform 90% of CT so. There's some way to look at it and you're you're you're kind of saying don't over diversify. Yeah, kind of make more concentrated bets. I think it makes sense.
We talked about AI. You were talking about vaporware? That meme coin board was pretty damn green as well. What? Are we looking at? On the day I think it's everything's kind of cooling off now, but everything was up about 5 to 10%. Bonk was up 20%. It re flipped for a coin with was up like 40% Pudgies. The Pingu token was up 40% at one point yesterday. Mug is up good. SBX at half a billion pop. Cats back at 363. We were seeing this yesterday. Huge move. Called it on the show yesterday.
That was a good move. It's up, so it's up 2X off the bottom. I I think popcat if if I think and I don't want any, I've never really been in the popcat raid. I I would put, I'll bet that Popcat is one of those capable of making new highs if this cycle is to be like, you know, if we really pop like the rest. What's interesting to me here, and maybe it's because Far coin LED, but like far coin is it feels like it was like the main mover is what everyone's talking
about. Almost every one of the top memes is up more on the week. So it's not even like it's just like printing crazy candle after crazy candle, which to me I thinks like, yeah, we've got room to move. So Pepe is up 24%. It's up more than Far. Bonk is up 31%. We talked about it yesterday. Whips up 50% of the week. It's up more, Brett, a point on base that no one on CT holds is up 52% Pinger Toker's up 66 pop Cat's up 46%, Turbo's up 190% so.
Hey, I never want to hear again. There's no opportunity on here y'all Like there is like you. A lot of you have been listening to this show forever. You're like avid listeners. You show up every day like just you don't have to take a punt like with all your portfolio, just divert. If you want to diversify and play the game, you can play the
game. You know, like this far coin move was telegraphed, but it was also gave you all the IT like predated the rest like you yesterday, we're on here saying what about Pepe? What about wave? What about popcat? What about this? That's today. They're all up by fucking 4050%. So. Which I guess, again, I guess I didn't really think all the old memes would be the ones that people come back to. Here we are. It's hard to predict exactly how this cycle is going to play out.
If Bitcoin follows the M2 chart, I think we're going to have some fun. I guess maybe we can leave it at that. I know we need to get to our Eid action here. Or do we want to talk about Myriad Share to earn real? Quick, let's do that, then let's get into the giveaway. So we lost share to earn on Myriad officially today. So the share in our points only for now, I can officially say that we're going to launch a share to earn on USDC as well following that.
But first, as you all know, we have to start testing on on points first and foremost. So from today on, let me show you the myriad posts here. Share to earn is other than Myriad, you can share to earn. So basically you get your own referral link on here. So referral, you earn 1000 points per new user that you that sign ups with you with a daily cap of 10 users, you get 10% of the referred users by
points in volume. And then you earn 100% of the refers USDC by volume multiplied by 100 in points, meaning there's 100X multiplier on points. When people use USDC, you also get you get 100% of that. So it's awesome. So let's say someone bets 1 USDC, they get 100 points. You also get 100 points, which is really awesome. So it's cool. It's a good way for us to grow. Tyler, you've seen my post recently. You know, there's a lot of things coming that I think will, you know, unlock growth and
share to earn is one of them. And the next one is going to be in USDC. So soon you'll be able to refer people and make actual USDC for for referring people to our
platform. And this was also, Tyler, you talked about this yesterday on your on your feed, but you know, at the same time abstract launched the Myriad Grandmaster badge, which means that if you trade volume of 500 USDC on Myriad markets, then you're eligible to the Myriad Grandmaster badge, which you should probably go in and, and pick up if you haven't yet. So make sure you go to Mirador Markets and you go predict. So Tyler, yesterday we had our
all time high prediction day. We did a very $150,000 of volume yesterday. So it was awesome. I love that I love the share to earn update. I think it's going to be huge for discoverability. That's always a big thing for markets like this. Even me like I'm not scanning all the prediction market boards on a daily basis to see what's out out there. So I'll sometimes be surprised when I see something on Twitter. And now you make a bet you're incentivized.
Go share your thesis and people are going to they can copy trade you. They they can take the opposite side and you're going to earn either way. And if folks don't remember, like one of the slicker features of Myriad is the social integration. So you can bet if you've got the extensions up and working, you can bet live on X Yeah, couple clicks, it's super easy. It's awesome, guys. It's really awesome. So all you have to do is go there.
We actually open a FAR coin market, Tyler today, a flash one FAR coin above $1.2 billion market cap on April 20. So tomorrow's close above or under 1.2. What's it at? What's that market at? 111, the market's at 66%, no. Oh, oh man, I need that eight. I need a 7% move to capture 60% UPS. That's a 2X on yes. That's that's one headline. I'm. Probably going to. I'm probably going to bet that right after the show.
We did hit our market 120, which was my personal first level here and and then what maybe we put a little handle here to 998990. Was 120 the level or is 135 the level? That's the question. Yeah, that's true. People have different levels. My level was 120 personally because in that perfect cup. But you know what's going to happen? We're going to handle again and we're going to go again. So you know, that's that's the story of this coin. It's just like it handles here
probably then bang. Well, not that high or or maybe or maybe hopefully that high, that would be cool. But anyway, so look at this like it's pretty cool. Like we're about to hit we hit 2.25 million already, but you know, we're already on pace today to beat that yesterday's high. So make sure that you participate the earnest here. We've seen people already sharing their sharing their the referral codes here. So make sure that you use this and you know, go earn here.
That's the integration. By the way, you can literally so right now I'm not logged in, but see this person, they shared the referral code. Look how cool this is, Tyler. I have the extension right right there so I can put my prediction on and that person Aditya dot Ron they would earn for me predicting directly on X. Man, that's big. People got to pay attention to this. People really got it like this. I put no, I got to sign. I think I'm locked out of my shit here.
I don't know if it's going to work. Yeah, see, I'm I'm you. Got to be all signed in and everything. But yeah, but you know, it's it's really cool. So yeah, that was the news, and it's big. You like it? Oh yeah, oh man, we have a, we have a lot coming. Like I said, we're going to kill the fee on on sales. We're going to kill, you know, we're going to launch V3, we're going to launch an integrated wallet. And then, you know, at some point there's going to be a TGE.
So it's, it's good, you know, but first the three, the three things I said need to go out like V3 and everything. So it's going to be exciting.