Yo-yo, what up? What up? Good morning, Good morning, GMG Monday, Cinco de Mayo. Hey, Cinco de Mayo Cono. All right, 25 oh wait, it's 5525I like that 5525. That's 555 dude. That's a that's a that's a good day. That's a good day. Look at that. Another beautiful day to have a beautiful day. I got my coast in the house. Tyler Mando. Good morning, boys. I miss you guys. Good morning. I guess during today. I miss you too. It's been how long have you been off? Like 2 weeks.
I've been on and off for too long. That was one week, but I was on when I was in Lisbon. But then I was off the week before. It was, it was like I was on and off. One week off and one week off, one week off. So yes, two weeks. Technically it's too much. It's too much. Yeah. I couldn't get on a token 2049 with a different thing every day. So it was a it was a tiring token. Guys, this one, Fuck. I'm I'm, I'm cook. I'm a cook, but technically. There's a lot going on. Yeah, man.
Yeah, yeah. How you doing Tyler? I'm good. Glad to have you back. We missed you and I'm just for this weekend. This was a good weekend to be traveling and catching up on rest because it's about the most quiet weekend I can remember. This was this was really. One, I think the other way around, I've seen so many runners that obviously I did not partake in, but maybe they were next week, last week, I mean last week was. Good. Last week was kind of hot, but then it fizzled out a little bit
over the weekend. I missed everything. I missed I, I missed absolutely everything for the better, for the worse, right, Because I would have probably missed out on selling, just I would have missed out on buying. So for the better or for worse, man. But yeah, Token was fucking crazy. So that was a lot of fun. Shot Token 2049 having us, man. There was one of the days where we partnered with three events and all three events were the same day, like same night.
So we had to go to all three. That's a lot. I was so dead. It was a lot there. Too right? Like. Dude 100. Degrees Fahrenheit. They skipped the cloud seeding this year because they remember last year the cloud seeding and all this shit happened. So I think they skipped out on that. So it was like in the summer, came in earlier, like their summer. So it was like 40 plus Celsius every day, which is over 100° and it's humid. Yeah Mando, you didn't miss out on anything.
I know you almost came, but it is. That shit was way too warm. You guys, you're out there. It's like 11:00 PM like it's fully dark out. You start an event and you're just sweating your balls off like it's just it's just way too hard for me guys, It's just way too hard. But as usual, token 2049 not disappointing. Every major founder in crypto was there. So that was really cool.
Got to got to go to this like private like meet and greet with like Arthur Hayes and his team, which is super cool. Got to chat with him a little bit. What prediction market and all that good stuff. And then and then, you know, good to meet the man himself. CZ champagne baby. So that podcast is coming out after the show. I waited, you know, and all of my friends fan tardy. I was like, yeah, wait for this thing. And anyways, we weren't ready to
post. So I'm going to post in like an hour, like 11/15, 11:30 AM eastern, something like that. We're going to post that you guys are going to like it. You guys are going to love. That that's a big one. What? What? Was the big stuff, he said. Yeah, well, first and foremost, I think that he never really went that deep into his prison time. And he got kind of emotional in the way, which is kind of rare to see in CZ, right.
Like Dudu was like, wow, he got emotional and Dudu is, you know, you know, the Dumando. But he was like kind of shocked because he went deep into the story of how he was like in the low, low security prison, like he wasn't just putting some white collar prison with a bunch of other rich dudes. Because I asked him like, what was your treatment line? Like you're rich, you know, and he he and he told, told me how is Sally at had a had a, you know, double homicide.
So he was sharing his cell with someone who was in there for double homicide. Yeah, it was crazy. So he shared that stuff and then he shared his views on on on being a meme corn dev and we're talking about meme corns and everything. I had to go broccoli a little bit, which is funny. And then what he'd like to see more in in crypto. It was just a good combo, guys. You know, I didn't know he lived in Montreal for four years. I forgot we went to McGill. Yeah.
So we've kind of talked about this stuff. He doesn't listen to music or anything or watch sports. He's just full on like hustler man. So that was a good conversation. I really, really liked it. I think as well. We'll appreciate it a lot. It was, it was probably the best podcast I've done. So it was good because he was chill. Like guess he walked in like he was like, what, 10:15 late because, you know, busy man, it was Abu Dhabi and he just walked in just like super cool, chatted.
I sent to my questions ahead of time. He didn't give a fuck about like reviewing questions. He didn't bar anything. I asked him permission to ask him about something specifically towards SBF because that that I was more sensitive. He didn't care. But again, ask me whatever you want. Let's talk about anything. So like, that's what I liked about him is like nothing was barred. Like at that level, you need to ask for my questions. They, they bust my balls like they do this and that.
He didn't care at all. It was just like, yo, we can talk about anything you want. So yeah, I thought that was really cool. Then you stayed on even after the fact because it was late. So my whole pod was late. He stayed to hang out with me another 10-15 minutes and we just chit chatted, you know, Of course I shall Marriott. I know I asked for a follow and I sell Marriott.
Those are two things I did. So I got the follow and I was on the Marriott side, but I thought that was the coolest part. But yeah, you guys don't like him. I, you know, the whole thing. Like sometimes you meet your heroes and you're like, yeah, fuck that. Like he was fucking cool. Like that was like the opposite way. So yeah, you guys probably. Makes just like, fuck it once he's gone to prison.
Like I guess you just think like, you know, I've already done it. What are we going to do to me now? Yeah, but it was crazy because you know how like a lot of the space glorifies prison time. Mando, Like Suzu, was it in on your podcast? And Wrecked was like, yeah, everyone should go to prison.
Like, it's good. Well, whatever was on your pod, like with Wrecked Radio or another one, but he actually talked about like the other side of it and how like tough it was mentally and how like when he was there, he didn't know when he would get out, even though it was promised four months, like he wasn't sure he was going to get out. And while he was in prison, it's like he wasn't you weren't sure if Donald Trump was going to win, etcetera, etcetera.
And the crypto was still like really like bad. And so he went pretty deep into that. There was a story even like when he first got into prison, he, he went to a cell, he tried to open the door, but that's like a rookie mistake because the doors open on their own. Like you got to wait, press and like everybody's still making fun of him. And he was super scared because he was, he was like kind of like that, that rookie in there with like a bunch of guys like with killed motherfuckers and his
little like in here. He was like really sharing like that with them. But anyways, it was, it was good to, to chat about that. And also like we, we went into the whole like sexual exchange, decentralization conversation, talk a little bit about Binance, talk a little bit about memes about everything. So you guys don't like it? Some really good stories about that famous group chat with SBF
where he beefed with SBF. And it was like all the founders of major centralized exchanges in that group chat. The New York Times had debunked that and was real. So I asked him straight up, like, whoa, what's up with that group chat? And what exactly happened, You know, days before, you know, the SBF takedown, you know, because he was pretty much one of the people responsible for that.
So. Yeah. It's kind of funny that all the most powerful men in the world are are clearly in these group chats. Yeah, coming out with like US politics is coming out with like Zuckerberg and something like the other and Peter Thiel and like the all the sex founders. Encrypt yeah, so they don't talk anymore. But it was the group side, which was like founder SFTXSBF him probably Brian Paolo from USDT
is like the top 10 founders. I was like, holy shit, like this is the type of group that that's like powerful AF. But he told me that it got into more trouble than anything else because then the SEC accused him of like, you know, accused them of like colluding and then things us together and all they did was to chat about fixing Luna problem. But anyways, I won't, I won't, I won't, I won't spoil it.
You guys will listen to it. It's a 57 minute interview and was honestly my it was it was sick. I don't even know who I can do next after that. Like I'm gonna have to follow up with like Elon or something. So if somebody knows Elon hit my line because I don't know. I don't know, It's going to have to be one of those. Anyways, today's go to CZ. That'll be to this code. And today on the show, we'll talk markets. We'll get into that because I know Mando, it's Monday.
He's got to go to the other show. We'll talk Tyler's top 100. You need to give me a tell there what's happening at trenches. I saw Elon change his meme. His PFP's are the muggles on This is Watami and this is the coin. Anyways, there's a bunch of stuff. I'm sure Tyler's been trading meme coins like a madman these days. And then we have the heat that's still going strong. Like really got on. Like yeah, I've got thousands of bags in in Zuma memes right now. Yeah, yeah, yeah, for sure.
I actually did a podcast interview with Atari and and I actually was talking about how Tyler is like the most degenerate creator. Like he's in like 20 coins per day. It was hilarious, but but then we have so we're still we're still partnered by what's called connect so and for the so we'll do the eat giveaway at the end of the day. I saw someone won $4000 last week who's sick. So Congrats to that.
And then wall connect pan out. Yeah, I think it did how much Yeah, something like that right anyways, and wallet connect Wallet connect is connectivity network shipping the future of on chain UX. If you've connected to Web 3 app using wallet connect, that blue logo it's everywhere and icon to trust in crypto is recognizable as Visa. Checkout once a little more. Follow wallet connect on X on Telegram to stay ahead of what's next. Anyways, Mando here. I can do it myself now I have my
little buttons back. Who is the man that GoDaddy? Can you dig it? GM, everyone good to be back. So it feels like market is doing not that well, at least today, or at least Bitcoins down. It's one of the first days I've seen a long time where Bitcoin dominance has gone down. Bitcoin is lower and a lot of other coins are higher. Maybe it points to the fact that we're going to stay in this range for a little bit longer now.
It would be nice just a range here, I think for a little bit range in like the 90s rather than the 80s and then hopefully break out. I feel as though if we were to break out above 100 Ki think it's a very, very high chance you hit an all time high close after that. So my guess is that we probably need a little bit more of a range to break 100 and then it can get it could get quite quick. So decent bounce. Obviously the condolences is falling slightly here in terms
of stuff this week. So it is a like a more active week. I would say for, for for macro this week you got the Fed and a range of like economic data really specifically PMI stocks have been on a very long winning run, which looks like it's going to end today. The S&P is actually on its longest winning run in 20 years. Things like UK stock from their longest winning run ever. This is kind of wild. He's been around for like 100 years. So kind of crazy moves, kind of
a crazy bounce there in stocks. Nasdaq's down a little bit today as our tech stocks, as our as is the S&P. But Bitcoin's down, but it's not, you know, it's not doing terribly. And Nasdaq's only down about half a percent to a percent today. So feel pretty good about stuff if I'm honest, in terms of the major weight winners over the weekend. Interesting that AI has kept the majority of its gain. So AI market's still at 9 billion, at least in the agent
stuff outside of Tau, let's say. And then we have memes. Memes have been a bit more mixed. I would say so of which they have been for a while here. Far coin kind of just hanging out of this 1.1 K 1.1 billion area. Trump was a little bit lower in terms of the major ones, let's say, and then a few of the medium term medium ones like House and Gawk had a bounce and then kind of retrenched like. It feels like we're. Kind of back, but not not, not like really at back.
So yeah, that's, that's kind of where we're at. Feels as though I said this last week, but I don't think a single new participant has bought house or gawk. But I think we're really just, it's still money where we're playing with each other. Rather. Than new entrants coming in to buy this. It's really like what's the strongest meme when?
Feels like that. And I think that's kind of the case of far coin too, Like it's been winning even though other memes hasn't necessarily been like super strong Pepe, for example, it's kind of done OK, but it hasn't hasn't really broken out. In fact, Pepe is weak today. Interesting. What's Pepe? I thought in a while I in Dubai, someone came up to me and said, Pharaoh, I'm launching the next Pepe and I was like, OK. Sounds sounds like a common conversation in Dubai.
Oh dude. We met, we met all sorts of people. Man though I got stories for y'all but. Yeah, RWA, we're doing RWA. The next the next Pepe. Social fire. Social fire, you know, man, all that. It was like navigating. Like it was like, it's someone coming up to me showing me pictures of you at Oxford or some shit saying they were your best friend. I don't know. Yeah, yeah, yeah, yeah, yeah. Dude, it was, it's tough navigating. It's a tough place to navigate because I, I, everybody comes up
to me, right? And I'm like, fuck, is that person legit or not? So I'm like, oh shit, I'm dodging bullets out there. Like 80% plus are are not are not legit out there. Even the guy who gave up gave up to you. Dude, I can't because I, I don't want the wrong fucking selfie posted on the timeline and people think I'm doing crazy shit, you know what I mean? I'm it's, it's a tough one. Hey, 3.3 billion. Still though, not bad. We'll take it.
Yeah. What I mean is it still feels like, yeah, it's the odd runner rather than everything running, Yeah, which I think is important to note. And I feel like even that with layer ones as well, like Suey bounced a little bit today, but then other ones have been weak and kind of a mix in terms of the interesting stories that I saw today. NVIDIA considering a Bitcoin treasury, don't know how much. About this. Speculation, but there was a lot of talk about that.
Obviously Microsoft it proposed at their meeting of which it was shot down. I don't know if NVIDIA would be different. We saw Sailor obviously buying more. We saw Solana fix a zero day exploit. Did you see this? Solana had a zero day which is, which is patched by its by its validators where unlimited tokens could have been launched on Solana, which is a pretty big deal, let's say. But that was that was seemingly fixed.
I didn't really see much reaction to Solana guys, but like if that were the ETH, there would be unbelievable amounts of thought on on, on ETH. But yeah, Salama just like swept a zero day exploit under the rug there. And Goldman Sachs, they're going to get into tokenization. I thought that was a big deal. It'd be interesting to see if they team up with a blockchain, one of these RWA firms, or just do it themselves. What else did I see?
Yeah, that that was kind of it. That was kind of it in terms of the big, big headlines. Oh, and Tether's getting into AI. They're they're going to launch like an AII mean Tether just has so much money. They're just like, yeah, I'm going to buy some of Juventus today. Oh yeah, I'm going to get into AI. I'm going to get into farms in South America. Like Tether has too much money and whatever. Like it would be great to be the ideas guy at Tether. Like the ideas guy at Tether.
No one ever says no. You know, it's like, hey guys, I've got this new thing we're going to get into. Yes, we've got enough money for that. Yes, we're going to do that. They. Make 5 million. Dollars a year at the moment and they can literally just get into whatever the hell they like to. So tether. That's amazing though, right? Like what a what a company like I I would love to get Paolo on. We met someone from tether out there in Dubai.
That was fun. But they are like into everything invested in Rumble. So they're we're talking to them about this quickly, Tyler, like, oh, you guys are into media. I was like, yeah, well, we know we took inquisition a part in Rumble. Like that's what mind was saying, like they're into everything now, like they can become their own like little Black Rock almost. It's pretty impressive. I've been following it all. Yeah, the this one actually feels a little more intensive.
Like, are they going to build this all themselves? Because like other things in like acquisitions, like buying a stake in Juventus, right? That's just a passive investment. I think a part of the hallmark of Tether is the money they make per employee. Like they've only got like 50 employees, right? Like if they're going to build out this Tether AI peer-to-peer network, empowering billions of AI agents, that, that feels like it's going to take some resources.
So I'm, I'm curious how they're going to operationalize that. It doesn't matter when you have you make $5 billion a year risk free and like you've basically got a monopoly on that for the for the rest of time. Like it's pretty, pretty good situation for them. I'm. Not flooding. This is a great, yeah, a great direction to go. They're well positioned. We should say wonderful. Let me, let me ask, let me ask chat TPT, where are all the recent investments?
So they've done, they did the thing in with the Bitcoin treasury alongside Cantor, right. They've got involved in Bitcoin mining, they've got involved in gold mining I believe. I believe they bought a big agricultural trader like farming company in South America. Yes. They now own quite a lot of Juventus. Rubble. Addict. Addict. Quagro. Latin.
American. Yeah. Bit deer Bitcoin mining, Northern data, which is AI and cloud computing, and now they have artificial intelligence initiatives that they're talking about. Yeah, it's amazing. It's good business. Amazing what a bit. Paulo's a genius dude. Honestly. Fucking chat. USDT to 5. Yes, DT $5.10 oh man, that would be crazy All right, it look, it looks like it looks like that's
that on the on the market side. How you man, I saw your tweet yesterday say you will have to weigh a little bit more to 100K and then you were talking about consensus trades back and forth with Wizard of Soul on the timeline. What do you? What do you? He came on. He, he just came on, you know, Wizard of Soho. Yeah, of course he was beat by Kobe this weekend. The he came on, we spoke about
what our predictions were like. There's something that tells me that that, and I've been thinking more about this as an investing style, like, you know, I have my investing style where I like to put on risk and when I don't, but I think it's also important what you put risk on. And I think I've become a big believer in like not consensus trading. OB is a prime example of that even just recently, right? Like why would you ever invest in that stuff?
And then it rallied the most right consensus trading often, particularly after an initial move. Can be really dangerous, so like after something's gone up to 100%, it can be really dangerous. So like I have a fairly decent position in fat coin, which I did pick up around 404 fifty thanks to OB really. And even though he didn't buy it at that time, he told me.
No, he bought a little after. He bought it way lately, yeah, but I do think it's probably the most consensus trade in crypto right now other than Bitcoin. I thought about that because I saw your tweets yesterday. Even L1 like I think people are like far point to the moon and that although I do think it's going to go higher, I think you have to appreciate that about certain certain trades that when they become. I think it's more consensus. All of last year, right?
It's time. It just went sideways. It was such a frustrating long for so much of last year. It requires Bitcoin to hit an all time high to actually start performing. So I'm very wary of like really consensus trades. This is why I also like we spoke about virtues, but on some like gargantuan run, right, because no, everyone thought it was dead, you know, and then it literally has it's basically flipped FARC one or come close to flipping it in current market cap.
And I don't think how many people own it. And I think that's probably what is the case with Tau 2. And I think it's the case with some of these other like you kind of want the FUD a bit more. Tyler said that even about house coin a little bit, like I'm not saying go all in house coin, but like sometimes it's good to have a little bit of FUD.
That's when you should be like all in on something rather than when everyone's like, this is the coin to earn because I think that's kind of a bit dangerous at times. So I think a consensus trade is FARC when even though I own it and I'm like this is going to be one of these days where it's down 20% or is it just going to be the kind owned subject? I just think it makes it more volatile basically. Yeah. Well, I agree with you on the consensus trade point you made about Far Coin.
The reason why I'm keeping my size on right now is because while it's consensus first of all that that it's still staying strong above 110 even when the market's like up and down like like Bitcoin from 97 to 93 and FAR Coin didn't budget, it's like 110. And I think that while it's still consensus consensus trade, a lot of the consensus doesn't have the trade on. It's like even the people are like, Oh yeah, it's going to go higher.
Aren't taking the trade, I feel. So I think, and I think that's that's a good point. All right. It's like when what you really want is coins that everyone hates, but if they were to rally, everyone wants to own it. I think if you start, if you start saying, oh, I want to be in non consensus trades, often you can get into trades which like no one actually cares about.
What you kind of want to be in is coins where like if it were to start, if it were to go up 100%, everyone was to be like, oh God, I should have just bought it.
You know what I mean? I feel like far coin was that at 300, at 400, it was like, if this bounces 50%, everyone's going to dive in. I do think a lot of people have now gone in. That's that's just what I feel about Farcorn and I don't what I mean is I don't think it's a bad trade for the next for this year, but but that's often not the time to be your biggest, yeah.
Yeah, yeah, I feel that. I feel like that right now you've just seen that move in virtuals and AIC and I think people have probably now just bought the top on those potentially particularly some of the virtuals, right? Because it just felt like, oh, I missed it and I should, I've missed this whole move. And I think I would say Pepe would be another one which is like that where it's like, you know that if Pepe goes up 20%, everyone will be like.
Fuck, I should have. Yeah, of course, of course, of course. You. Know it's like it's only because everyone knows everyone likes, but it hasn't moved. But when it moves, everyone goes like reaches for it straight away. So I kind of like those trades a little bit more. That's all. That's that's all I'm saying at this, at this point in the cycle, at this point. Yeah, I don't just stick with you. I think I think it's a good point.
Even as someone I I took a big position in four coin a few weeks ago and I kept it and I still have it and I'm probably not going to touch it because I don't want to trade for the rest of the summer probably. But you know, we'll see. I just I just think that it's the one of those that's like it's going to do well, continue to do well, it's doing volume etcetera. But you're right. And I think that this point is the best about the high school house coin stuff. I missed it.
But anyways, we're going to talk about it now, Tyler. Just to briefly say that though, the big the big change would be if if AL one exchange lists far coin, then you suddenly do have a ton of people that need to buy. Yeah. But when like and? Who that's the big difference here? Like if someone was to list. I tried to mention it to CZ on the you guys will see I talk about far coin to CZ. Yeah. Thank you for that. You're very welcome. I tried working for my bags.
You know, I got the one of the most powerful man crypto in front of me, so I got to do something, you know you. Know said it another way it's like what is the catalyst right so parkour has 150,000 holders. No one knew is coming to the trenches right now. No one it feels like no one knew is really coming into crypto right now. In fact, you could maybe argue the opposite that people are leaving So like what like where the the next round of marginal
buyers going to come from? It's kind of hard to answer that without the sex listing. Sex listing is a big catalyst I think. Is the biggest right because like even the the players that came last night night in the last cycle, this cycle, the big wave on people that was were on boarded, were on boarded to the slaughterhouse. Like everyone, we made money because we were in the trenches already. You made money because you got we're early to memes etcetera for Solana meme cycle.
But everybody who came in through all the celebrity stuff, etcetera, got slaughtered, right? Even Solana, like think about post Trump token, which by the way he just posted about just now. But think about that. Like the people that were on board at via via the Trump coin, they all bought Solana like 250 plus the $300.00. And then they bought Trump at like $60 billion. And then they bought even far coin. Good example.
That was like like 2 billion or 1/5 plus, which they're not down too much on, but anything far congested, whether it's like not just with, but I'm seeing with and all the other like salon means like pop cats everything even though they're back now, like I've seen like even with pop cats salt got some good, good, good green candles. They're all like massively down over since last year, right. So we'll see. We'll see. That's a good question actually.
What do you think the next catalyst will be for adoption into crypto? It was NF TS and it was memes. Is it going to be memes again? Or Bitcoin dominance keeps on going higher and stables can go higher and we just trade amongst ourselves on memes. Forever 7 figure Hell for life. There's some kind of AI adjacent on boring way that's possible, I think. Yeah, my tools come in larger integration between AI tech players and crypto perhaps.
But I mean, this is the billion dollar question, right? It's a hard one to answer right now. Yeah, because a question for you guys. Like even the icons that were up a lot before I left, I remember we were talking about it all like, you know, fun went on there and then we looked at, you know, ASCC, etcetera. We remember it was like 0 bro even had big days and then you know, the other other terminals is that did that sustain at all?
I didn't look at of and there's just like an 8.8 billion still high, but did any of the were any of those pumps sustained? Well, virtuals is the big one. Virtuals just kept going and actually a lot of the other ones didn't. So ARC is back down to like, I don't know market cap of Arc now, but it's definitely gone back down. Oh, virtuals at 1.10 billion. Damn. It's up there. AI expertise 150 million. So that one is outperformed. But I mean. It's still down 70% from high you.
Still have so much mind share this this this. Yeah ASPT though. Honestly it kind of fits into Mando's category and I don't know any and I kind of hate ASPT but maybe that's a part of the bull case is like if it pumps to 200 and there's more momentum behind. AI. Are people going to buy AIXPT again? You're not wrong.
It's. Not a bad shout like it does feel like one of those ones where where if it was to go higher, but but it would, I think it would have to go hand in hand with some sort of new feature. I don't think, I don't think it could be it just if it pumps, I don't know if that necessarily. Causes it to. People to buy I. Think that was crazy? Did they launch the terminal I? Mean the terminal was always was live. It always existed, you just had to have. Crazy expensive.
It got to like half $1,000,000 to use the terminal. You know, but he was crazy, though. I think you're right. And also like this XBT, I don't have any, but he's still like it's all over my feet still is the only slop that's like everywhere my feet or that I read even me like I find myself stopping. Like if the XBT tweets, I find myself stopping reading it or let's say tweets about myriad because it does that often it likes us. I'll like share it.
Like I still like interact with it in some way or another. People keep tagging my Mando minutes in this mirror terminal. Have you? If you get tagged in this Tyler. Yes, a mirror. Terminal. What is that? I think someone's. All a. Double R. Yeah, they, they basically like take all my posts.
They're trying to. To make an AI XPT like product that users help curate information flow so it's not just taking anyone across Twitter or crypto Twitter it's it's it's basing it on what which creators users are tagging as like this is a good source of information Mira you should ingest this today and. Which one is it? There's a file. I think it's not a token yet. OK, OK. So there is AI think users are incentivized. They assume there will be a Mira
token at some point. So like they are incentivized to do this? OK, interesting. All right, well, look, we'll it looks like there's Wale is contributing to it. Beast AISBT. Interesting. Yeah, those are the guys who are always kind of top of the lion share boards right now. Some good folks though. Interesting. So there's a leader board? Where are you? See where Tyler's at. Let's find out. Oh fuck, you're not even on here. That must be a bad leaderboard. Yeah, terrible leaderboard.
That's the Mando. I guess I need to sign up. Mando 897. That feels low. Maybe we have to sign up. Oh wow, 2500? Damn, I have a zero point. I don't know. That is interesting though, but I don't know what it is. I've got a bone to pick with the mirror team now so I want to go look into this. That's been going to connect to Twitter. Fuck. Yeah, that's how they all work. What's the ref code? Who wants to give me? Who wants me to use the ref codes? I'll sign up.
Who wants to be the person that gives me a ref code anyways? Tyler, I need to. I need to talk to you for a minute. You got to catch me up because I missed a lot. I missed a lot. Where's my Tyler, bud? Where's my I have it phone for daily NFT and crypto analysis Tyler T on FOMO our calls the kids can. Yeah folks, it looks like crypto majors are red this morning as stocks are also pointing lower after that 20 year historic rally. Not a huge surprise that we're red.
Bitcoin hanging out around 94,000 at Walrus Token and suite were two of the big movers leading the alt board. Walrus was up 11%, Suite up 7% coming out of Suite base camp in Dubai last week. There was a lot of coverage of that. The other headlines, Bitcoin Sailor bought another $180 million of Bitcoin last week and I think a tick above 95 K average. Brown University just closed a $4.9 million Bitcoin buy held through the ibit Bitcoin ETS. That's notable because their
larger endowment is 7.2 billion. So just a drop in the tiny bucket of their larger endowments. They've got more funds to play with. Arizona's governor vetoed their Bitcoin strategic reserve bill after it had passed the House and Senate. So still waiting for this first state to approve. Charles Schwab plans to introduce spot Bitcoin and ETH trading within the next year contingent on regulatory
clarity. Let's see. Several IRS crypto specialists are leaving the agency following some controversy involving dosh, the Department of Government efficiency. So less crypto experts on board. The IRSA Dubai based family office plans to invest $8.8 billion in the Maldives to develop a financial hub focused on blockchain. That's notable because that's larger than the entire GDP of the Maldives, which is. Yeah, I saw that sick. They're privileged to own the fucking island if that works out.
Yeah, so there's going to be a big blockchain financial hub in the Maldives now. Good, good destination. And then Amanda talked about it, but Salana did face a zero day export over the weekend, which could have allowed bad actors to meant unlimited token, 22 standard tokens which are used for RW as but validators were able to resolve before any exports took place. So it looks like there was no negative impact of this in AI and memes.
We just kind of talked about market caps hanging out right around 9 billion. Tether announced Tether AI as a peer-to-peer network for AI agents. In memes, the leaders are kind of just chopping. Gork was a big winner on the weekend. It was up 35 percent 65,000,000 after several Elon post. Elon even changed his PFP. Chill house and MFRS were some of the winners in micro caps boop big action. It jumped 40% being listed on Binance Alpha.
They also had a new memecoin launched last night, sore 8500% to $6 million. So some signs of life over on BOOP. Nice look at that. By the way, shout to Mochus. I am now signed up to that Mira thing. I got a ref code real quick. Hey Tyler, use my ref code faroque. That is FAO. That's right. There to the show, yeah. Fuck yeah. You got to use mine though. There you go. I'm a I'm a DM it to you. I made I made an account. There you go. Anyways, so where do we even
start here? I feel like the Gork thing was funny. I kind of want to start there. So what is Gork? I missed the whole like I missed everything. So what's this Gork story? I saw Elon, I like that he's got the Mogos on, not going to lie. But what was this story there? So, you know, they have the the XAI agent is grok. They they launched a new one, Gork, which is more, I think humor, humor based with with a
little bit of a different spin. So not shocking a, that DJ has launched A token for it and B, that Elon was interacting with it from a training perspective. This was a a really hard one to catch. So like I totally missed this one. So I think the first time I saw it, it was already over 20 million. And in this market, I'm not really chasing memes that high. I think we, we, we got this what Elon post, it ran to like 40
million and then retraced. And then Elon made his PFPI think it shot to like 80 or something. That's it. It's been retracing a bit. So yeah, you can see kind of all the action there. So does Elon have no more Elon? Elon he had no more motion or something like 100 mil like peon was like billets. Yeah, I mean, that's the thing. So this is tough because for one, it's not a meme. Like it's just tied to the name of the AI agent. You always sell the Elon pump
man you. Really haven't seen a whole lot of tokens like this really go that high. It's like for me, the ceiling was always kind of low on this. It's one of those that shot so high so fast. I think when that just alienates a lot of people. So like, I definitely prefer those memes that like have a slower arc up to 5 to $10 million because then you can, you can get a little bit of a community.
You, you kind of get through some of those like early 30 to 70% pull backs when it just shoots straight to 20. It's like now it's just people just throwing capital at this, hoping for A2 or 3X. No one actually, there's nothing really behind it other than just like, oh, hopefully Elon tweets about it and then he does. And once you've done it, you start asking yourself, OK, well, what's the next big catalyst? Like once you've already had the Elon tweets and the PFP change,
right? So that's that's kind. Of. It comes after like just kind of walking you through the week. I mean, it was a hot week. I had a very solid week trading tokens. We talked about I was early to house coin. I caught a a nice series of runners. I was early to neat this. You sent U.S. House coin before I travelled and that was a wait for five weeks. You sent that to us is $5,000,000 dude. Yeah, nice little position of five, still holding a good chunk of it.
I think this one can still go higher. I'm not in in any way surprised that it's pulled back from its run to 100. Yeah. Obviously. Yeah, I mean, it took some serious Ansem showing to get that high. One take away, Ansem still has it. Ansem can pump coins higher than Elon. Oh he can. I mean how many followers Ansem have? Ansem still has the motion dude. He moved it from 10 to 80 basically. 7 and 20K. Which is a pretty big move in this market.
It it's cooling off now it's got a lot of flood on the time I get on which which I kind of like and I said last week, this one's going to be a test of this current market, like how high this can go is this kind of it's a good estimate of of where this market is right now. So it can go higher. I also wouldn't be surprised if it if it just dips and chops for a long time either. So, you know, we'll certainly see, but. What else you were saying? Neat. What's this neat thing?
Not an employment, education or training. So this is. The the. Faith that a lot of zoomers in the next generation are facing right? Like in this when AI, when the robots take all the jobs, like there's this big question of like what? So what are people? Oh man, and they're. And they're going to be in this bucket called neats and like Warren Buffett is going to be a neat. Yeah, I saw you stepping down. From Berkshire and like they're the Twitter accounts.
Funny, they're embracing the meme. And to me it kind of feels like this meta right now is like this zoomer meta. So house coin is a zoomer backed coin, right? It's like it's their rebellion against the housing market. Zoomers can't afford houses. Boomers, you know, pumped up this Ponzi housing scheme. Yeah, yeah, it's so good. I love the narrative. It's not affordable, so I'm going to buy house coin instead. And he's kind of in that family, right? So like. A like a zoomer engine zoom.
I like it. So they're they're trying to hyper gamble their way out of this financial crisis and I'm going to be right there alongside them. So I like this one. I think it can. I think it can go higher. I like the market cap on this
one. It's not too much Like if someone who missed the whole meta the last month, I come back home, I'm not buying a 6070 mil token, but if I want to buy a token, which I'm not going to do it because I just don't feel like it right now I'm tired, but like I would buy a $10 token. You feel me like like as as someone who kind of missed out. What else did I miss Like there's? Boop was the big thing you missed.
Yeah, so I'm tier 3, someone just asking the thing saying Pharaoh, will you claim your BOOP AirDrop? No, because tier 360 K and enough for me to launch that token. If it was still 300K and that was tier one I I would I would have to think. So everyone can know, I've been trying to get Pro to launch a token and he's been, he's been pretty steadfast against it. I mean I'm tier 3 like if I was one or two like tier 3 just for 60 grand even if it's. Down 70%, which I think is very
possible. I think my realistic target is I think it could trade at 100 million when these unlocks start to happen, so $0.10. It's Dingly. It's a 20K, it's a 20K air drop for you. I mean, that's still a pretty damn big air drop. I know it's just not worth it for me. It's like the headache, yeah. Yeah, I get that. I'm not trying to like, you know, hard convince. He really wants me to lost the token y'all hey? Really, I wouldn't. I wouldn't buy your token.
The reason I'm saying it is like no one cares. It's like you, just you. You click a couple buttons, you launch a token and if you don't tell that, if you don't talk about the timeline, like no one is going to go buy it. And like the only people who are buying it are these snipers. Those snipers get wrecked if they buy it.
If if you are someone who's actively watching the boop leaderboard for a a high falling creator to launch a coin and then getting upset like like, what were you expecting? Like so and we, we, we've seen the let's say about 30 to 4 so far of the people who are eligible. That clock is tipped, but. How do you like this? Honestly, I missed the whole thing, but it's mostly over the
timeline. By the way, I feel like last week I saw a little bit of it, like a lot of people are like virtual signalling, like, oh, I'm not going to launch with token, but like you invested in the token and invested in the round. So, but like I saw Cyrus do it and I would have done the same thing if I was tier one. I'd be launching it today. No shame. Swear to God. Like I don't care if I was AT 1:00 and it's a $300,000 AirDrop. Fuck y'all I'm not, you know what I mean?
Like, just don't trade it, you know? But what's more interesting here is this the broader conversation of Can a new meme coin launchpad displace pump fun or take a meaningful share? I see 53 K, yeah. And what's interesting about BOOB is their their tokenomics. So everyday 1,000,000 BOOP tokens, that's 200 and 72170 thousand. Is it really that much? Yeah, $270,000 are given out today. 30% are going to creators and 70% are going to holders for graduation tokens.
So as a creator, if you launch a token that graduates, you will get a percent share of 30% of 1,000,000 BOOP tokens. And as a holder you are going to get percent share of 70%. So 700,000 BOOP tokens, you know, based on market cap, how much you hold, that type of thing that that's important incentives. They also have the staking incentives. So this is meant to go after the whales who want to be playing the meme coin game but don't want to sit at their computer for 10 hours a day.
You and you stake boot tokens, you get a percent, a percent of all the tokens that graduate. So the runner last night was this pork token. I have a small amount of boot stakes so I got pork tokens in my wallet. Here. Yeah, right there. So now you get to root for all of these and like, is it going to be a meaningful amount at $3,000,000? Probably not, right? I think Dingling even showed if you had like $13,000 worth of boop stakes, you got like $400.00. Not a ton, but like decent ROI.
So they've got the incentives there. This, I think this is the best set of incentives we've seen. How is the radium one doing? Because you and I were saying if one people person can do it while it's radium and then we like the way they were set up, how's that going? Yeah, let me try to check in on that. Because you'll see why I'm asking. I know it's. I know we're talking about boot, but. Launch Labs, they hit $100 million in cumulative volume last week.
Pretty big number. I mean not easy to to get there by. Anything that's very successful, I know. I'm trying to, I'm, I'm filtering their board by market cap right now. If this is accurate, I'm not saying any tokens over 50K. So that's not great. So I think that's. What does boop have? Big tokens yet Like highest monkey cap So it's 7,000,700 K. So it's two of them that are over a certain amount. Million has a few over 100K and then that's it. So that's what you need, right?
You need to have the runners. How about pump fun? Like how about pump fun tokens, right doing right now. If I go by like even the latest one, like Gork was Gork house coin. See all these are they're pump fun tokens, right? Even the troll one is all over my timeline. So troll house coin needs Gork and chill house or all pump fun tokens Tyler. All all the big coins are. So you see what I mean? Like it's like the market is still proving that it's pump fun
tokens doing the best. Like Ava is still doing well on the AI tokens. It's tough because they're all they still have all the users and volume and liquidity is on pump fun. Like it's crazy, right? Like, do you talk to me about all these right now? You mentioned that these four on the show right now as last week's runners to catch me up. They're all pump tokens. In troll, I mean, troll might be you can you can make a case that's got it's one of the stronger memes of this new
class. I mean, it's only like 30 million right now. What's the story behind this one? I'm seeing all over my timeline but I have no idea where, what, how, who it's. Just it's tied to that OG troll meme like. Yeah, classic. 4 Chan like there was a Black Mirror episode about this. 10 OK, OK OK, I got to catch up on Black Mirror while I'm back. So this is more just like this is like your your Pepe style meme.
It's it's a back the meme itself and it's not like an intention of it. Yeah, just quickly before we, we, we go on the code today, CZ rafflebot dot XYZ, raffle bot dot XYZ code. Is CZ just a thing for everybody? Because I just send send me a message. We have 500 users that are referred. Only 20 people replace the bet. You have to place a bet to be eligible to win. So that means that you have a big chance to be selected every day. We give money every way every
single day. So make sure you put money in your account, use the FOMO hour code to get in and place your first bet in order to be eligible. Can you spell bet? It's just we have to make sure that you're a real person. Anyways, back to the conversation, Tyler. I think these numbers show the answer right. I think Ding is a good founder.
I think tokenomics wise, like I like what you're saying, but the boob stuff, and I know you were saying that they have like some very strong tokenomics or incentive program. I kind of like the idea that like you have to make a token to get your to. I I thought it was fun. I felt a little bit on the timeline when that came out.
Also, I tried to claim my airdrops on multiple trading wallets and you have to spend half a soul to get your AirDrop and it's worth it, the ROI because even if it's a $300.00 AirDrop, half a soul is way less than that. So it's like, so I kind of like the way it launched, but I still don't think anyone's going to be pump fun.
It's an uphill battle. It's a very tough one, but those again, like similar people tell me like like some people tell me I don't think Marriott can beat, for example, polymarket or cautious. I don't give a shit because even if I'm the third biggest, prettiest market in the world, I guess it's worth a billion dollar plus, you know what I mean? So it's OK. Also, like there's going to be a pump fun and a launch flab and a boop, you know what I mean? It does feel like there is some
hunger out there for this. Yeah, like people are rooting for it. But it's also just very, very hard. It's hard to change user behavior. Everyone's used to pump fun, but I mean I thought it was it was hard for open C to get displaced and that is usually so. But they're still back now, right? Yeah, they're, they're back to #1. It took almost nothing for them to come back that big. What kinds of blur giving up, right? Yeah. So we'll see who goes for the longest time.
Yeah, this is. It's going to be an interesting battle to see. The other wild card is are they forcing if if pump fun, they've got a card up their sleeve right, that pump token. So if they ever get some serious pressure, Dave, are they going to? Drop who passes a coin, You know, launch Labs has a coin, Radium Pump funds doesn't have a token and that's their superpower. It's a superpower not to have a token life. You know what I mean? Because you could cap your upside.
So that's so it's crazy to me how much money pump phone has made this year. It's a year old company and they've made like half a billion dollars They're. Still making? We were talking about last week. They're still making like 2 million a day. What a cook man, what a cook. Anyways, Tyler, what? What else is there? I know we're up on time shortly, but was was some big news? Yeah. I mean, I think we kind of went through it was a slower weekend.
We talked about things, the export, we talked about Tether. AIII think a big one to watch this week is the stable coin bill. So there's a little bit of fun. There's also like Sander reported for for Decrypt that Coinbase allegedly doesn't want this stable coin bill to pass, saying that they want a more comprehensive bill. Do they don't think 2 bills are going to get through this year? So they want this one to fail to get a more comprehensive bill in
place. While a lot of others are thinking like this is the shot, like they need to get it through. So there's a little bit of a clash. Like 1 spokesman for Coinbase came out and said that wasn't true. So there's a little bit of back and forth playing out. But this is now become a little bit more of a hot political item. I think the vote is scheduled for Thursday. So we we should know some kind of resolution on this thing here in a few days.
So I think expect more, expect more to come on this stable coin bill, which is going to be a pretty big deal if it passes or and if it doesn't. Yeah, there's a lot of beef around that, so I saw that as well. All right, well, look, I'm pretty sure we can cover the rest tomorrow if we need to. Space. Busy space, man, busy space. I just want to wake up that one morning with front coin at $2.00. So I need. Oh, looks like the Curve Twitter
is hacked, so be careful, y'all. I'm just seeing the comments. And every every other day I could someone else got hacked last week. That's. So bullish though. Cyber Liquid. Yeah, I saw that, saw that. Just be careful, y'all, Curve Finance, the Twitter's a hacked and now you know that you can't comment. So just be careful when that happens. All right? I got to go upload the CZ interview.