BTC pulls back to $87K, Hawkish Powell, MOODENG hits $650M - podcast episode cover

BTC pulls back to $87K, Hawkish Powell, MOODENG hits $650M

Nov 15, 202446 minSeason 4Ep. 241
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Episode description

BTC briefly hits $87k amid ETF outflows. BTC ETFs get third highest outflow since launch. BTC miners moved $4bn BTC since Nov 12. Tump wants 0% capital gains tax on crypto. Lummis proposes selling gold to buy BTC. Pennsylvania introduces BTC reserve bill. Bhutan sold $100m BTC in last month. 18 US states and DeFi Lobby sue SEC over crypto. Gensler defends crypto stance amid exit rumours. XRP at 16 month high on Gensler exit rumours. Tether launches platform to simplify tokenization. Satoshi’s BTC holdings $100bn. Bitwise files to list crypto index ETP. Bitfinex hacker sentenced to 5 years in prison. Sling Money opens ‘global venmo’ to US users. Web4 will involve ‘crypto & AGI’. S. Korea to fine Upbit for KYC violations.

Transcript

What up what up morning good morning MG Friday moon November 15th 2024444 look at that another beautiful day to have a beautiful day. I got my Co host in the house we got the we got the OGGMNFT screw in the house today. Ovi Mando, good morning. How you guys doing today? Doing well, doing well. How you guys doing? Vibing, vibing. I'm glad you guys in Europe got to enjoy the bull market because we're now back in the bear market as soon as the burgers open happened today.

But we're doing great. We're doing great. You know, the bear market should last all tomorrow morning. Mando, how you doing? I am doing fantastic. How are you? This guy's so funny. You're such a meme. I swear to God. Who me? You like you just it's just such a meme like this is you. Hold on. This is Mandel right now, Obi, tell me if you agree or disagree. Hold on. You know where's the meme that I as Sam's posted the other day that I sent him here? Let me show you.

This is this is Mandel right now. Hold on. Let me share my screen. This is Mandel right now. You just remind me. I said this to Sims the other day. We used to remind you of this. This is so funny. It's it is. It has been one of those sort of weeks. But to be fair, though, the day before the election it was like, oh God, I've really I've fucked this up, haven't I? Being like Max wrist long and everything was puking. And. What a difference, What a difference.

Since November 5th 10 days 10 been a been a wild 10. Been a been a been a wild 10 days and I'm sure we're going to, I'm sure we're going to talk about that in a minute. Stay on the show today, today market report as usual. So crypto, macro, all that good stuff. Tyler's not with us today, so we're not going to go through Tyler's top 1000, but I'm going to try and replicate it. So we'll see what I got. This guy's like spitting topics

like Eminem out there. Like I don't know if you saw him yesterday and then he goes through all of them crazy, crazy. But we'll try and do that because I still have been those minutes in front of me and Tyler's minutes, so I'm good. We got all these topics. We got OB in the house. Let's talk about some OG coins and all that good stuff. And then just kidding, let's talk, let's see what OB's buying. Let's talk about, let's talk with OB. I mean, I, I'm just kidding about that one.

Let's not go there, but let's talk about let's talk about, let's talk about let's see what OB's up to. Let's see what OB's buying. Let's see, let's see what OB's trading. Let's talk with the man what he's been up to. I know he's he's busy with wrecked and then and then robots spin at the end of the show. As always. The punks are now 120,000 United States dollar floor. So if you want to punk now you're going to win 120 grand. And even the red guys now flown.

It's like the minimum prize you can win on this show is not 2 two and a half, $1000 spur a gremlin 6K melody, 17K punks, 120 grand. So you want to make some money, make sure you're treating the show and and we'll pick a lucky winner today to come up and spin the wheel. And then last but not least, this show is powered by galaxies. One second. I am looking for my read that I always put away like an idiot

every morning. With seamless built in monetization tools, Galaxies enables the development of sustainable long term communities, fulfilling Bitcoin's vision of decentralized freedom and independence from centralized control. Galaxies XYZ on X Don't be with us as one of our sponsors of our house. Basil. You know who else going to be there? Ovi and Mando, You know what else going to be there? Reg drinks actually. Pudgy. I see Luca in the crowd. Pudgy.

I may, I may not be that, you know that, right? No, you, no, you're coming. You're coming. There's no like you're the only person in the Papas that's not hooked yet. So you're coming, you're celebrating, you're coming, you're coming, OK, You're coming. Everyone's coming to Miami. It's going to be a vibe of Velar's partners. We have the dopest events line up coming up I think on Monday. But oh, wait, let me tell you guys, we're cooking hard.

We're cooking with hot fire. And with that, with that, with that, with that. Mando, Mando, Mando, Mando, mando, mando, mando. What did I say? Can you dig it? Yeah, GM everyone. So yesterday wasn't actually that bullish for macro. If you want to talk about macro daddy, like the we had, we had a speech from Jerome Powell, which is slightly hawkish. You've had bond yields go higher. You had now there's only a 50% chance of a rate cut next month.

You had stocks go lower. Just generally like, oh, OK. Like I think we spoke about it on the show earlier in the week. But the markets have basically been saying they've been calling Trump's bluff. So like Trump, Trump, one of Trump's major things this election was I'm going to bring the cost of living down, right? The market is telling you that they think Trump is going to lead to inflation.

Ever since he came into office, you've had a massive spike in bond yields, spike in the dollar, and comments from the Fed, not actually Jerome Powell, but some of the lower down people in the Fed basically pointing to the idea that the tariffs that he's talking about could lead to inflation. This is kind of something that OSF was talking about much earlier in the year as well, like that Trump is potentially an inflation trade and that's kind of what the market's

saying. So they're having a little bit of a wobble on the back of that. Gold is going lower, a few other things. And Bitcoin actually had an outflow yesterday, one of its biggest outflows ever, actually. So yeah, you had, you had Bitcoin touched like 87 K, which is like a little bit of a support. I think the major support levels will be lower in the 80s, yeah, that's the third biggest outflow date. Ever didn't. I didn't realize it was that big

of an outflow -400 million. I mean, it's nothing in retrospect, but. Yeah, yeah. But yeah, an outflow nonetheless. And global and stocks took a little bit of a dive I guess as well. So I think we're probably in for a little bit of AI. Wouldn't say we're going to go lower, but the Trump stocks have reversed 1/3 already of the Trump pump. So like after the election, stocks have definitely not continued to push on for gains. Crypto's held up much stronger. Obviously Trump's policies are

kind of bullish for crypto. If inflation comes back, I think that could even be also seen as bullish for crypto in some, in some senses. So yeah, it's, it's been one of those sort of periods, that being said, like this period of, of Bitcoin going sideways, it's just been a, it's just been a mirror of what we saw last time, right? Like since February, Bitcoin basically went to 65 K and went sideways. Let's say broadly for nine months, Bitcoin dominance went from 53% to 61% and meme coins

went up a lot higher. And since the election, that's what we've seen. Bitcoin dominance briefly dipped, but then it's gone back up to 61% and looks like it's, it's just like unstoppable. And meme coins have been the only thing like running the, the, the, the SLANA meme coin market cap rose to 22 billion yesterday. It was that was at under 10 like a few like just two weeks ago. So it feels like Bitcoin and meme coins are the things running. Everything else is not doing

terribly. Like Solano, I still say is doing OK, obviously, but it's but a lot of other things are not running. It's just meme coins and and and Bitcoin. So we've had some big movers again in in those meme coins. Like I do the man in minutes every single day. The left curve corner is just it's literally insane at the moment. Like 100 million is the new 10 million, even like 200 million is the new 100 million, right? Like I. Mean 200 million is normal, yeah.

The coins are just running like and if you don't catch them, it's it's kind of wild like just yesterday, if I'm reading through my my minutes now, we had we had the the Litecoin what Leicester, which went to 110 million right now. Bro, it's so. Crazy you had some random calling called but go to 160 million just out of three X just I have no idea even what that is.

You had goat and mog both one of the billion Mudang went to 600 and like nearly 700 million now Shog off the AI meme went to 160 million. Zero bro, looks like it's about to hit 200 million like. No, she is. Doing a 2-3 XA day at the moment. It's, it is wild. I had there so tough to not be in the trenches, tough to not be like, hold on at the moment,

tough. Just moves. Like I, I got showed that Lester meme at 20 million and by the time I had the chance to look at it, it was a, it was at 60 or 70 million and now it's 120. You know, it's, it's, it's just wild. So the, the pace of that stuff is moving is very, very quick. I think Obi put out a tweet earlier, which I completely agree with. It's like what we said last Friday, this this weekend, it's going to be another wild weekend.

I think it's going to be the first I, I don't know what you get. I was going to bring this up to you guys and ask you like, do you think this is the first big retail weekend? I strongly believe so because this was the week that Pepe with got listed on Coinbase and those were playing. They are fucking Wednesday. Like Whiff started trading at 3:30 PM Eastern Standard Time on a Wednesday where everybody's busy. Like, people have jobs, right? So it's.

Exactly what it is like the conversations that I'm having with people who are not in crypto, they're asking for like this, which I've I've even started to put out like again, which I used to do even during the NFT crates, like one of my fav one of the coins on my watch list, right, like one of the things that I'm paying attention to and people are asking for that and they're saying, oh, I'll have a look at it this

weekend. You know, like I'll buy it this weekend, like there will be a ton of people that log on on Saturday morning or Friday night and be like, I've got a little bit of time now what should I ate? And I think I think the runners are going to keep running like I I I really do like. I think this is this is he's been around. This is easy season, right? This is. This is like hold on to your runners season, right? It's like don't sell them too

fast. Don't tell them too soon if you ever run kind of like like even like for you, you've been in the Mudang trade for a long time. I correct me if I'm wrong. I don't think you're like closing yet, right? I don't I think Mudang could go like if. That's if. Finance lose Mudang for spot brother like that could go insane and the same with goat right like these things are just like that.

They can just keep going. I don't see what they what what is interesting to to me is and I guess again, kind of luckily picked up on about a few weeks ago, is that like the Murad trade is slightly petered out. There are certain coins on that list which were like really strong before it happened, like mug, but like to a large extent that the runners are like newer coins. Like it feels like that was like

a Murad season, so to speak. And then it's not that they've done terribly any of those coins. They just haven't, they definitely haven't been the the leaders, right? Like, no, since when did somebody say, hey, I really want to buy any of those coins, Popcat because people thought it was going to. Get listed. I think Popcat and MUG were not Murat coins. They're not Murat coins. They were coins beyond Mirad and that's why now you saw the gap between SPX and MUG are the best study of that.

It's like they were tell tale, tell tell tale. Then SPX was like really outperforming MUG and now you saw and mug is nearly 2X2X of that. So I think it's so I'm not. I'm not being complacent about it. Like I'm, I'm very, very cognizant. I'm not like, oh, I'll be in this trade forever. But so I'm what I'm focused on though is volume and mindshare. Like I literally look at that every single day. Yeah. Like what is high in volume and what is high in mindshare?

It feels as though some of the AI coins keep on coming up very high in mindshare. Things like things like Zero Bro and far coin have been high on mine share for a long time alongside Go. Then you have things like Lucy that that that that Catholic coin. So no OB's in AS. Well, very blessed by God. Always. High it's, by the way. Yeah, it's it's, it's Luche. Luche whatever, Thank you.

But I feel like that's the sort of thing that can keep running without and then and then it's volume, right. The reason why I was in the mood aim frame which I kept on saying it's just it did 3 billion of perp volume yesterday. What? Mooding, Mooding if it gets listed on finance sport, I think honestly. It's it's more volume than Cardano. Dude, it's it's like only that and Pepe Mooding is is not even. And peanuts, no. And peanut, but that's down a

lot, yeah. I think Mooding might end up doing like Pepe like volumes, not Pepe is just like differently like it's just. No, I get it. I get it. I know what you're saying. Yeah. But those are the things that I'm paying attention to. And then just like, yeah, new runners like stuff that looks super undervalued. But but generally I I think the cult stuff has has not died away, but it's become replaced by volume stuff like a lot of like the Cape would not have been on on a Murad list, for

example, right. Either or, it wasn't actually months. Right. But it never would have been like just the way it ran up like because it had so many holders so quickly in that sort of stuff, Yeah. All right, Well, that's a, that's a good breakdown. There's a, there's a lot going

on right now. I think it's a it's gonna be interesting to see where we're at in like in like a week from now, but I definitely think like today, which could be a good chance to like pick up on some of the some of the stuff. Rafflebot dot XYZ. The code today is Pepe. There you go see Mando, you told told told the told The Sims off yesterday on the show with Pepe Pepe rafflebot dot XYZ. It deserves the code Shadi Gentai for for making the

website rafflebot dot XYZ. Sign up, sign in, retweet the stuff, follow us and win some fucking money. Ovi, I'm gonna go to you. I'm curious to see. So what's OV buying? What do you think, Mandos? What do you think of what Mandos talked about your tweet happening this weekend. But first, I mean, we don't have you often. We got to play the Jingle daily. Market report brought to you by Rogue Radio. Joseph, what's the word? So what do you want to know?

I want to know. I want to know everything. First of all, I want to know how you doing. Second of I want to know how's req doing and when anyways. And then no, but seriously, I mean, you, you've been like, So what? What is honestly like? So, so what's Obi buying right? Like we don't get you that often. So what have you been looking at the last? What is it a couple weeks since you've been on? I mean, you've come doing the rec stuff and we talked about it quickly, but what are you

looking at these last few weeks? And what's your outlook on on the next, let's say from now on, you know, the rest of the year? Yeah, I think we we're about to see potentially like a really, really crazy meme season type thing. What this reminds me of is in 2021 you sort of had like that big NFT season that everything like died in May, June, July and in the August like everything came back and just went crazy

basically. And so I think we were about to see and we are seeing right now like the second wave, like meme coin mania, like it's just clear to me it's still going to be the casino of the cycle. So look, bitcoins are almost 90 K seems to be stabilizing right now. You had a like $40 billion market cap moving doge in the space of just like a few days. I think a lot of these made Pepe has gone to like 10 plus billion.

You, you have a week where Coinbase, which hasn't listed any meme coins, let alone like other coins for over a year, listed both Pepe and with Robin Hood now listing, you know, all these guys can now list because of the upcoming Trump presidency. So I think just the stars of a life, like some big retail inflow finally into crypto, which was what we've been waiting for for a long time, but hasn't really happened. And I'm just going by my like

text messages. I'm just getting so many messages from everyone saying like, what should I buy? What should I buy? What should I buy? And I think this weekend, it's not the first weekend after the Trump win, but it's the second weekend the, the weekend after we've had a big rally in Bitcoin. The weekend after you've had these big moves in Pepe and Robin Hood and and Coinbase, etcetera.

So I think people and also next week you the week after, next week you have Thanksgiving and you get into holiday season. So I think it's just perfect timing really for all the stuff to be kicking off. And I think, I do really think meme coins can go crazy and we're seeing it. You're just seeing stuff get listed on Binance and get pushed by probably by market makers or by Wales and whatnot, you know? The invisible hand of this market.

Yeah, you not went to fucking two and a half, $1,000,000 market cap in the space of like 2 weeks or three weeks, just probably 2 weeks, right? It's insane. So I think we're going to keep seeing insane moves like this and I think stuff's going to go a lot higher. So what am I long? I basically have two big positions right now that I'm willing to disclose. One of them is, well, which I've been in for a long time, but I just think this is one that doesn't do a ton of volume but

has very tight supply. And we saw this, we've seen this movie so many times, Like Pepe moves, Mog is like everyone's a car, Mog's not going to move. And that's sort of like edges and edges and edges. And then one day just fucking rips up like 50 to 100%. It was up 50%. Obviously, yeah, I think MOG move.

We saw the same thing happen in like January as well, just the whole thing can get squeezed because it's this is one of the reasons why it's in the Mirad, because it's quite tightly held by Wales. So these guys never sell, which they never seem to do so. And the ETH Wales now that that the. Yeah, I saw like DC Invest. Yeah, DC Invest said this Eric dot ETH guy, like these guys are new to me and MOG, but they're like proper ETH Wales and OGS.

So I don't know, it feels like that one is poised to reprice to like, I think that could be like a $1.52 billion coin. And right now it's a yeah. I've never seen DC investor tweet coins. I followed him since the my the industry. Same. This is my view. This is this is my view with the E meme coins. I don't think we even spoke about our stuff like some of the ETH Maxis. They don't want to buy Solana, but they will buy any they will

buy an E meme coin. So like if you're one of the leading E meme coins, I think you're so even if it doesn't do well, like you can totally really well. What I was telling Ovi and I was talking to Ovi last night and I was saying like these E Wales are going to want to make OK, I sound like Donald Trump make Ethereum cool again and like right like to the institutions there was amazing because it's

for tokenization. We saw UBS, we saw Fred and Templeton. The news for Ethereum on the macro side could not be more positive. Like we only had negative $3,000,000 of outflows yesterday, but it's been like hundreds of hundreds every day, but like. Within the trenches it is like this boomer chain that's like not cool at all and like nobody wants to buy shit on. But dude like Pepe is going to be the leader of the cycle's names and it's in Theorem coin.

And then all these like I guess boomer accounts like Eric who are take eating shit all day long like the Sasols of this world, the DC's of this world, etcetera are going to start bull posting MOG here. Like is this is like a huge catalyst I think. I think so, yeah. So I think that's, I mean it's obviously for me it's a bit easier to pick that because. Of course we're early with

flags, yeah. Yeah, first position I've had for a long time, but I'm at the at this point in time, I'm pretty bullish on it. Second one I'm pretty bullish on is Lucha, which I know we mentioned a couple of times, we mentioned it on rec radio, but I just think like this coin is in a league of its own. It's literally like the Mass.

It's the mascot of the Vatican. You're going to see like the Pope and stuff like with it. And weirdly, unlike most corners these days, it doesn't really have any PvP because I think this must have just launched under the radar. But normally when like there's a big thing that happens, you'll have like loads of different mood aims or loads of different neros and Pochita, whatever it is right, Like and the most important one obviously is always the first one, but the.

The point I'm trying. To make with this one is there isn't any PvP, this is just the only coin because I think it was just sort of like under the radar a little bit for there's. There's no OG Luche Luche. There's only one. There's only one Luche. There's only OK, but on a serious note, though, I tell Ovie on this with with size, it's must be one of my biggest positions too, by the way, at this stage. And and I believe it. I mean, it's protected by God. I mean, I, I really believe in

God now. Like this is like, this is wild. It's also it's it's in a category of it. So in like there isn't any other coin that is like a God. I don't know what you want to call it. God coin like. The other day I was explaining the actual. Part it's like the actual Vatican. It's not just like a made-up religion. That's like the actual. That's like why I bought Luche and she didn't believe in a sake. She's like, what? Like the Vatican has a mascot. So that's also.

It's a milady like. It's literally a milady. Literally, I'm sorry, but like, there's something. If you believe in conspiracy theories and weird shit like I do, then you can't not buy this because there's obviously something there that is. It, I mean, look at this, it's got fuck it, it has got like blood on this fucking feet or some shit. I don't know, like I don't know. I'm just hoping Luche pulls a Moodang at this stage because

I'm hoping. The only thing for me that this kept if I got out of this coin before, before the election, I was like I went to we were both in our stuff. We both went out and then you got into it after that, right Radio and I got into it after the election, but when it was like 100 and that day, right when 130 a hundred and. 40 that's where I'm at. 135 to 150 was my DCA. It just feels as though the the mind share that's the thing.

Like if you are not looking at the Kaito mind share thing every single day. Call it the most day to set up. You are missing like. You don't have to actually buy the extra subscription, just type it into Twitter like. There's always someone posting it. Yeah, someone's bag is always on there. So like just be paying attention. It is so useful. It is so useful this cycle. And the other thing is the other thing is volume. Like Luche's volume has been insane.

And the other thing I just, I don't even know. I've asked you this a few times, OB like there's no whale chat. Like I can't, I can't. I can't. Find there's no, there's no like Twitter. Twitter is like suspended. And I can't, yeah, I can't find anyone else. The only people I know in this corner is like you guys, I don't think. It is in it. The other day I was like, what's going on in Lucy? Lucy. And he goes, I have no idea. God is buying.

Yeah. Exactly bro, literally like every time look like yesterday because I have a significant bag and it's always I'm like walking, watching the charts, you know, you guys know me and like the other day like when it dumped like it was 2 days ago or yesterday it dumped to like 175 mil. All of a sudden a miracle happened. A $60 million candle on the 15 minutes like this is like, and I was like, OK, well then I guess I may as well hold it. Like think about it.

Sundays are big pump days. Sundays is God day, so. Where is the mindshare meter? It's actually from a A. It's Kaito KAIT. OKAITO yeah, we talk about it on the show every day here. It's this account. I have a demo on Wednesday morning. I'm going to try and see if we can do something with the show with them so that we can have better access to that data.

Yeah, but if you just type it in Kaito, if you just type in mindshare, just type in mindshare, it's your search bar in in X, People will be posting the top of it every single day. It's been super useful. The other thing I think I should speak about, which is I think it's going to come back really strong as Go keeps going high, is these AI coins, man. Like I think, I think. There's a nothing. Yeah, Memecoin mindshare usually peeks around this level.

Interesting. It's not going to peek around this. Level Well, there you go. That's that's interesting thing. Let's see if it breaks that level, right, like, but that's an interesting like it was posted this morning, an hour ago. The the other thing is AI coins, right? So the leaders there obviously shocked. It seems to be the biggest that we spoke about ACT personally I don't think act as an AI like proper a like no, it's not like an AI icon like the other ones as far as I've heard it.

That was a Justin Sun special, that one. His Highness, His Excellency. Apparently that was that was that was the kebab behind that one. But but Far far coin is another coin promoted by. The truth terminal. Yeah, truth. Terminal AI16Z is the is the investing ball, Yeah, the Dow, right, Yeah. Which to be fair, like if you want to like a boomer value this one, you value at its bags, of which it's nowhere near 250 million.

But the guy behind it seems very, very motivated to do a ton of different things with it. So that seems to be running zero bro is like the is like it's trained on like rap date the rappers. It's the shitposting AI. Yeah, it's 0 Burroughs like the the ship is very similar to go into some of the content it puts out, but it's they've been doing a lot of cool stuff. I I I was bullish on this up until we didn't NFT and I was less bullish after that.

But I think people just want to buy shit and the the NFT is also soared. So like maybe I'll get back into that one. Shogroff is is like the OGAI mean like this is I. I would say this is This isn't attached to any AI agent, but this is far more of a meme. Than I mean it's like the doge for example, I don't want to compare with like you know, doge was like an old OG meme in Internet culture shock. It is that the AI kind of community, it's like the OGAI community meme, right?

Like if it's their thing, it's like they're doge in the way. So I don't have any. I have 0 exposure to anything AI personally speaking. But Shoggoth, because Shoggoth is a bit more like that. I think Shoggoth could actually go. If I had to choose, like if you told me right now, like I have to top blast and pray, I would pick shoggoth and fart corn for the reason that fart coin.

Ha ha ha, fart token. No, no, no, like like ass coin or titties coin last cycle and then well, like come rock it. Remember that last cycle, like, you know, like Cummy, he's like all these things, like these things, like that's how it works. And then and also the fact I set the truth terminal. So it's always going to be the facto go beta and it's I feel beta season's back.

And then shotguns. I mean not only like you got the the whole LA vape cabal behind it but also like the whole like lore of like Wenermu like how like Mozzie like Zhengtao fucked them up Jingtao. Even still. In there he well, he sold it and then it ran, but like he saved, like he saved and then sold it at the Super bottom like couldn't be more bottom than that and then it pump. It's got crazy lore behind it. So that that one could run then then all the virtual thing as well.

Like virtual just hit an all time. High it's not going 6. Hundred 600 million. You you buy in the AIOV, you've been you've been the AI trade a bit. Not not not the not the the the protocol coin. I know the coins themselves so I'm trying to go to the to virtuals.com right AIO to see them. There you go. But not Luna the actual like if you type in virtual, what do you mean? Right. So now there's a coin which is of the protocol, which is what the one I said. Yes, I think it's a.

Yeah, this. Yeah. But it's yeah, that one did. That one did like a top blast 2X yesterday. The the. Base points are going crazy right now, by the way. Right. Well, this, this, this is like prime example of something that could keep going, which I think is very interesting. There's that one, Then there's like a couple of like smaller ones. Who's that? Who's the Kol that's like good for this shit again, Fortune. He's got like a weird profile

for like over like a man. Do you know the one I'm talking about? For what type of shit? AI coins. He's like an AI. Oh, yeah, yeah, yeah, yeah, yeah, yeah. He's like the AI Murad. He's the AI Murad guy. Yeah, yeah, he's the AI Murad. Yeah. He's like an old school painting, Renaissance painting. PFP. I know. Yeah, I know who you mean. Him. Dot E him dot E yes, yes, Timothy. He's look, I would follow this guy like he's kind of annoyed but but he also he also posts some good stuff.

I can't find his account. What's his username? Him gazrea. Him Gazrea. Him Gajira, Yeah. He's got a bunch of like smaller cap stuff and like a big list of them. I follow this guy a lot and like. Should be on the show. Wilson Park one off the back of it. I said like he is he definitely he's definitely all in on these and thinks everything else is terrible, but which is can be sometimes tough to all He's definitely all there on his bags. So that way of. Course he is.

But he's he's got it right this whole time, right. So he has he wrote yesterday. So Dolos Diaries, the bully since this center CEO is the is the coin that was built on top of AI16 Z OX0. Bro, there's memes AI, which has been another one which posts like memes is that that one's I think is OK. I think the issue about some of these bots is like they are. They are all GOAT beaters in my opinion, whereas I feel like Shog Earth is not a goat beater, you know what I mean? I agree with that.

I generally think shog earth is the better meme. Like actual AI meme. I think I'd have to pick shog earth if I had to really go. So this is Go chart. I was, I was in, I was in Shog Earth for a while. You were right. Yeah, what do you say? Like 2020 mil And then I sold it yesterday. So what do you think? Like what do you think of all this? If you have to pick so we have

this list right? I like, I like Shog Earth because Shog Earth is really like a, if you know, you know, AI kind of like a bunch of AI guys are in a room like. Yeah, like you can buy Shaggy and start running Wow for, like, theories. Yeah, you can start writing essays on on like, philosophy if you buy Shaggy. Yeah, like you're allowed to do that. Yeah, feels like a proper like AI Boys Club 1 but. Why you say it? This guy's completely lost. I love that you like fully left curve these days.

That's insane. That's so funny. Yeah, I like, I like, I like, I prefer that because it's sort of has the reason why it has value is something that's just like, it can't really be like knocked off. It's like the first AI actual AI meme. It's not based on like, oh, this thing. It does a pretty cool look at this thing that it does just like it's just shog Earth, so. There's no utility.

Basically no utility. Yeah. The utility, the meme, the meme is no utility, but the meme is not just like a flash in the pan meme. It has like some real like rooted meaning that can't be dethroned, if that makes sense, just like how the doge meme can't be dethroned. So I don't own any right now.

I think if it dropped back, I don't know about it at these levels, like maybe you could go to 304 hundred, but there's lots of coins that can, you know, have these types of returns now, so you have to pick which ones you think of the best. But I think if it dropped back towards like 60-70 eighty, I think I'd buy some. Yeah, I think that that's the thing with these AI memes. It's like some people are in the camp of these sentient memes, they're going to start taking

over, right? Like and they they can start challenging all the other ones. So that's what that like him him the hymn dot ET guy is very much like sentient memes are about to dominate all memes. And then you have people who are like half in that camp. People like Frank is obviously big in this. And then even Anthem was tweeting about this yesterday, saying he thinks multiple of these coins go to like billions. Ten billion, it's a multiple 10 million like coins. Right.

So there's something to be said there like don't fade this in both cycles. Do not fade narratives like this, like whatever you're doing, just switch it off because when people start saying this in a book, it doesn't matter if you're right or wrong. Like people, a lot of people are saying that they could happen. So be aware of it.

But I think there is a question there about whether it's just like, oh, these it just pizzas out and maybe like the first one, like goat probably continues and shove off could continue as like AI becomes bigger or if it's like 0 bro goes to a billion dollars plus, you know, and I still don't know. I really don't know. I I'm on the lookout for for chocolate dips. I've been looking at zero bro, but I think I should have looked

at that one. And Farqua like Farqua makes a lot of sense to me just for that mass appeal. Like the best thing you could buy if you miss goat right now is probably far coin because it's a truth terminal adjacent coin. And if goat goes to 5 billion, fart coin is for sure $500 million coin. Inshallah. In summer. You guys team act for team goat. I'm team, I'm team, whatever my boy's bags are in. Is there an OG? Is there is there? Is there an OG goat?

I mean, I'm not going to lie. Yeah, yeah. I mean, I don't know. I'm team neither. I want to see. I don't know. I mean we all we all know where like Mendel's, you know, bags lie. What what are you act is? Not a meme coin, It's not it's not an AI coin. It's just I we spoke about it yesterday like a.

Beautiful coin. I don't know anyone who bought it. Justin Sun and the lads decided that they were going to corner it when it was whatever, $50 million and then they've they've just ran that one up. Someone did actually mention acts to me a few weeks ago when it was that like, yeah, you know, 20. But I just, yeah, I don't know, just didn't. Well, the dev sold the debt. The debt. Right, the devil, the dev. Like, yeah, it's a strange crime. Definitely a strange crime though. All right.

Peanut is very different than that. Like, yeah. So I don't have any peanut. You guys know my fumble story here on the show if you're listening last week. But well, first of all, raffle bought that XYZ. The code is Pepe, Raffle bought dot XYZ, Raffle bought that XYZ. Get involved. We're going to do the give win like 5-10 minutes. But am I crazy to think this is going to have another leg up to like $5 billion? Peanut, Peanut.

Peanut has a shot, man. Like there's, I don't know the cabal that was behind Peanut as well or if there was one, but I don't know who's the team. But at the same time. Like, well, you know, it's finance, you know, like they do their thing, so. Maybe mate. Like I think Peanut could keep going, but I also think Moodang could catch Peanut. Which one? Moodang. Oh, fine. You're still retarded. Oh, well, anyways, yeah, sorry

guys. Oh, he's just aping every single Moodang derivative, so we're making fun of him. So this is so funny. It's so funny. This is such a typical classic old school show. OK, so there's that. Sorry y'all, we didn't go through the big news of the day. I don't know if there was any like really top news besides like dog with hack getting hacked yesterday and showing that Onsem is on the account. Did you? Guys see that?

No. No so dog with hat was hacked and they were posting drainer another a meme and then they show that Onsem was one of the admins on the account. Oh, I see that, yeah. I think that's bullish for what it's worth, but. What happened was I don't think it was originally ran by Anson, it was ran by someone else. And because it stopped posting, it's just you know, did like ACTO thing to have someone manager. It's just. Different account managers, but

anyway, it's on Coinbase now. So I think, I think it's with with God's hands. We'll see. I've I've packed my I've packed my like Coinbase new cycle bags that I'm holding through Christmas. The interesting, some interesting story I saw yesterday is Satoshi now worth more than $100 billion? Yeah. So could Satoshi become the most, the number one wealthiest man? Well, wealthiest person I would say, in the world ever. Wait, Frankie's worth 100 billion?

So that's going to be, that's going to be hilarious. If that actually happens, like goes to $1,000,000, there's a good chance that this guy becomes the richest man on Earth. Yeah, if he's still alive, obviously. I mean Michael Saylor also. He Yeah. How much does Taylor? How much does Taylor worth? Sailor net worth. He's far 8 Bill. Oh wait, he's so poor. Imagine. Imagine thinking $8 billion. A lot of money, yeah. Trump, Trump. Trump was. Saying 0 tax for crypto you had.

Hold on a minute. That's that. So that whole story, you know that story of that, right? The Trump 0% tax, it was invented by base carbon. Really. So when the election stuff happened, base carbon invented this rumor. It didn't get community noted, so they've been running with it. Then you started picking up on it like the whole meme. It's that I'm like almost sure of that.

And he keeps talking about it. He's like laughing about it today because I saw him invent this rumor and it never got picked up. That look. He said it's news now and it's breaking GM like, like he invented this thing. It's not true. This is amazing. But like it may become a like you know how it is like you speak a thing and and then becomes a reality if it gets big enough. Like, yeah, you really I'm, I'm like 99% sure of this. Wow, that's gone mainstream. That's definitely gone

mainstream. That's so funny. Did Pennsylvania introduce a Bitcoin bill? So it feels like the US bill Interestingly, what I said, yes, a few days ago Mike Novigratz went on I think CNBC a couple of days ago just and says he doesn't think that the Bitcoin reserve bill would pass. So and I think he that close to a lot of like a lot of Washington. I I think that bill will be very difficult to pass, in my

opinion. Yeah. Just what part of the is the bill, Does the bill include making it reserve or is it also the buy program or like kind of be modified and that kind of stuff like? I think just the idea that Bitcoin becomes a reserve currency of the US would would not pass. I don't know if like a much watered down version would would pass, but I do think US legislation will come for crypto. I think the Bitcoin bill might

be a little bit too far. And then the other big headline was against the main leave, right? Like a lot of rumors. Dude. So let's say that he was out, I tweeted that he was out and it went viral. Like I had 1000 likes in 10 minutes. I had to delete the post and rephrase because I didn't want like, you know, I mean, I was like, no, no, he's not out. He's on his way out, but he's

pretty much out, right? Like there, he's Gensler is like pretty much on his way out of the show of of the show, sorry of the of the industry. Like he pretty much that was that was a resignation letter, right? Let's be honest, like that was. Yeah, look, it feels as though he his days are. What does Obie put on? He's pretty. Serious better on Harold loves that one. Let me take a screenshot for Harold. Hold on, is it is it cold there?

It's got the summer glow. It's a bit my have the air con blowing in do. You have air con in the UK in. Europe, I'm just going to attack you right now I. Didn't know that. Freezing in Turkey, freezing in. Turkey, I mean, it's hot out, so I could get what you have the air con on. Yeah, it's not too hot this time of year it seems like, but just this room is quite warm. So I have the air con on. That's why I just sodium. OK, you know why it's funny? It's.

Freezing in December, You know this, right? Yeah, I didn't know that, but you know what you want to laugh about. Something you won't be here in. I won't be here in December though, so it's. Not so. What were you saying? My mom later suggested that I moved to Turkey, I think 2 days ago. Really. Yeah, I could go to bedroom for a little bit Anyways, on that note. So that's that. The other big stuff overnight I see was the punks. Like punks moving 15% up overnight was insane.

Like that is a big move on the on the collection this big. So what's enough? 38 ETH? That's crazy. What do you think about it? They were just like selling $60,000 like 2 weeks ago. Yeah, I think Ek went up, but then yeah, they've, they've gone up about 30% in price and then 30% in Ek, right. Yeah, so it's it's it's it's pretty big. So there's that. That was a big move. And then you'd have to assume that on the NFT front, like

shit's going to fly. If with punks flying like you've got a thing that pudgies, apes, even you guys like on the wreck side. I mean, doodles are had a pump because of McDonald's collab. Milady's got a big bid. Where are wreck guys now? Right guys are like. .6 or something I. Think it's .6 I check every day because I do the loot box spins. That is to that is to this date the most undervalued NFTR theorem. So there's that, right? So there's that.

So the look at this like the pudgies are back above tennis. Yeah, boy is to 12 E dude, this is going to like, yeah, cromies were swept. They were sent for two ES. Those quiggles were swept, like I said in this Marfa right now. So you have that happening at the same time. So there's a lot of fucking stuff cooking. So looks like we're in for a big weekend, boys. Looks like we're in for a big weekend and it's going to be

extremely exciting anyways. All right, well, Sims, let's start doing the let's do this giveaway. Let's pick some people in the meantime. OV Mendo, do you guys dig higher or lower by Monday? I think what what will be hot. It's kind of weird now because Bitcoin is its own thing. Meme coins are the only thing. Ulster anything and ether's down only so. It fucking sucks bro, like I I got out of those like I was like

I'm done. Like I spoke about it so much that people start thinking that I'm a daughter. Ethan really pissed me off because the last thing I want to be branded as a daughter ether on the timeline. Yeah, I I agree with over here. Like I feel as though I think meme coins are going to go crazy again. You kind of want Bitcoin to just stay here. Like if it's within an 85 to 88 range, that's a really good

environment for mean coins. If it if it like starts ripping to like 100K and it's not settled, then I think mean coins find it hard to rally because people just feel frozen. So. Yeah, I agree. I mean, I really have homies coming over tonight and I know that they're going to ask me about mean coins, that's for sure. Because they.

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