Yo-yo, what up? What up, GM? Good morning. Good morning, GMGM. What day is it? Monday, Monday. Monday. I don't know that. Monday, March 24th, 2025. Look at that. Another beautiful day to have a beautiful day. I got my clothes in the house. Tyler, Tyler. Tyler. Tyler. Good morning. Good morning. How you doing today? I'm doing fantastic. Had a nice little weekend, had some time away with the fan but also made a couple trades like now is the time folks to to
start paying attention again. The market's heating back up a little bit feels good. It feels good yeah. Now it's like, you know, I I would say like probably similar to what you and I talked about last week, like it's it's it's like it's good to be cautious, but it's good to be bullish, right? Like it's like the cautiously bullish has been paying off for us both I feel and it's it's doing well, But but yeah, it's it's nice. It's nice this Solana bias I did last week definitely feeling
better this morning. Also my Sonic dips. I'm finally up on my Sonic dip bias at some point that I got so I I just kept buying and I was buying. I was buying. I was like, dude, this bleeding's got to stop at some point and it's buying, it's buying and then I stopped buying, but it kept going down and I was like, dude, so I'm not going to lie waking out this morning with with the cause the alts bleed faster than Bitcoin,
right, and they bleed harder. So so it felt it felt nice waking up this morning above above the all the all that they buys for for one morning. Think the first time in a month, Tyler. So so it felt good. We're we're catching some good trays trades these days. So it's nice. But I'm sure we'll talk about this today on the show. Mando, Mando in the sunshine. What up Mando? Good morning. How we doing boys? We're great unless I look up. So if I look at you guys, I'm very happy.
Love to see my boys. If I look 1 notch up here, I want to literally kill myself. Yeah, there's a snowstorm. Snowstorm. Wow A. Storm, I'll send you a video. I don't want dogs. Like if I turn around on camera. I like little dogs where I live, but like, I I'll send you a video after this on the FOMO chat. It's a full blown snowstorm. Think it's going to snow all week here. It's depressing. Yeah, I mean, I'm I'm pale right now. You should see Vanessa.
She's flu arrested. Bro. I've never seen my fiance this white. I was telling her, yeah, that I was like, babe, I think we need some sun. We're like it. It's like, I feel like the sun hasn't touched my skin since like, Ibiza last summer. It's, it's it's tough out here. Meanwhile, Mendo is just like hosting outside of his apartment. He's literally in the sun. Son of a bitch, look at him. Yeah, life is good. We've had actually a Freddy, one of the worst storms Portugal's had in. I heard.
But but we're. I heard, yeah, it's like 25. Our team in Portugal was timing like they raining for last month or so, like pretty, pretty crazy amounts of rain. The last two weeks, really bad. Really bad. It's horrible because. Weather system that came through and last Wednesday it like destroyed like half of Lisbon. Oh God. Great love hearing that as I have like 5 weeks left to live in Montreal.
This is great. Funny story is one of our team members at the crib, Steven one of the writers British flew to Portugal, the South of Portugal for vacation this past week and he brought the storm with him. It's horrible. Matt takes man taking a vacation that fucking you know British rain. He's like following him down there was pretty anyway, so that was so today, today we got different kind of weather report for you all today as Bitcoin is ripping. Oh baby, are we going to hit 90K
in the show? That would be nice. Don't want to jinx it, but definitely knocking on wood market report, Tyler's top 100. I mean just some stuff we couldn't touch on Friday because we're back-to-back guests with Udi and Luca. But let's let's touch some of that stuff and whatever you got for us today, we can recap etcetera. No spins today. The robot Lublox spins are Tuesday to Friday. And then as usual, this show is powered by Galaxies.
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be back. Definitely nice that people are stopping looking down. I think there was a lot of that as we were bouncing around this kind of 80 K area. People feel better about stuff that's from a macro level down. So we had, you know, this really bad period for stocks, which kind of reversed in the final few days of last week. I think just bring up, if you just bring up like a Tesla stock chart, like you probably get a better sense of like how people have really been feeling about macro.
And it's. Just seen a bit of a reversal of that this morning. Most majority of that is to do with commentary around tariffs. So Trump walking back quite a lot of what he said around around some of the like the the tariffs that were planned for early April, which was going to affect Mexico, Canada, Europe, China. He's basically. Saying, you know, the UK even we're, we're going to maybe make it more targeted or we're going to avoid some of the reciprocal ones.
And the stock markets bounced decently off the back of that. Also, this is positioning like so, so you know, you had Bitcoin had dropped 30%, Tesla dropped 50%. A range of of tech stocks have dropped around 30 to 50%. Hedge funds were the most short tech stocks than they have been since COVID and retail has been the one buying. So it's interesting that like there's we've got this like global short squeeze happening and that that you can feel that
in crypto, right? Like it just feels like this feels like squeezy in the idea that like the shorts are saying, Oh, no, it will stop, you know, like, oh, we're only going to go to this level, but you just know there's just a little bit of juice in there. Like they'll be pain if it
higher. And I love that the pain of the when you suddenly I don't know if you saw, but like all the people who've been loud on the timeline are like, Oh no, I bought some yesterday and some said it, yet I literally laughed out loud when I saw that. What did you not see all the all the bears have basically said no. I bought some yesterday. Don't.
Work Oh yeah yeah, yeah, yeah I woke up this morning to like everyone who said they were sidelined miraculously, miraculously, they all bought this weekend it's. They're so. Good, they're so good at this. To be fair, Arthur though. To be fair to Arthur though. He called it, well, the time he called. Yeah, this time. Yeah, this time around, because when you were when you were Wayla the week before that, he actually that's when he was like starting to to to flip.
So to be fair to Arthur, he called this one. But you're right. The rest of the bears walking, walking and back Mando. Who could have seen that coming? I still believe that that like a trip back to all time highs is is probably a few months away in my. Opinion fair. But I but I can very much believe that we can go back and maybe remember 88 K was the level where was which was a resistance point for. A long time. And if we break that, then it would be sorry support point for a long time.
Then it would be like 1992 K They it's clear that people want to try and run it up to that 1992 K level and then we'll. See, that was the old range, right? It was this range there you. Go, yeah, I'd be surprised if we kind of go for that a little bit. You know, that seems like the obvious target for anyone. Yeah, that's I think what would cause the most pain as well.
So I think we've got a bit of a short squeeze in global macro right now in terms of the stuff that's that's looking a little bit rosy of tariffs. In terms of the stuff that isn't looking as rosy, I would still say that the USAI story is, is not looking as great. And that's, that that has driven a lot of the not just U.S. stock performance, but global stock performance. And that that will still be
questioned. Like there's no doubt in my mind that China AI and robotics is seen as like a bit of a, a shift in worry for, for a lot of these magnificent things. So I don't think we're like completely out of the woods because that seems to be kind of with us. But like global liquidity went higher. Bitcoin had, as we already said, Bitcoin had been outperforming, right? So at least versus some what you would expect from some of these. So I, I think we're in a better
spot for a nice bounce. I don't think it's all time highs sort of commentary, at least not not for a bit. But I it would be really good to get above that 90K level and then like hold. There's. Sport again. There's billions and billions of liquidations at that 90K spot. Mendo specifically 90. I forgot how much but it's like it's insane amount of liquidations. My MY2 cares are Sonic and Bitcoin. Let's go. I love it when you pump. That's what I move my JLP into.
I love it. What a day for us. Amen though. Sonic I I do like obviously having a good day today. AVAX is having a good day, just. Just pull everything up actually. Solana's having a good day. Solana's having a good day man. Love to see that the trenches need Solana too. Well, at the end of the day, a lot of people are still holding a Solana bag, so it's good. Yeah, a lot of a lot of coin like trenches, coins are also having an all right day. It feels like you've had a. Bouncy fart coin.
Fart coin obviously LED this. It's interesting that like, I know it might sound ridiculous, but like. Say it. Say it like. We sold off. All the meme coins sold off well before Global Macro sold off, right? All of that was selling off in early Jan. What a chart. And getting destroyed, right. And fart coin was the first thing to move back. And yeah, is it like the biggest leading indicator of markets out there that like, it's fart coin? Like is fart coin tells you when
there's a recession or not. There's a clip right there. 18 minute mark. Boom. It started moving and then it started to pick momentum. You're like, oh, and then everything starts moving. Everything starts picking up momentum. Yeah, just pay attention to Far Coin. Yeah, I love that. What's the market's going to do, it feels like. Interns interns in the listen in the show right now that that's your clip is far coin a leading indicator of the market. I mean it's how much off the
lows right now? Nearly 3X. 3X is it you want to. Know me 175%. Pump up the lows, boys. Hot air rises, you know. Hot air does rise. I mean you know, I mean I get laughed at a lot in the chat. I don't mind if you saw your fellow partner laughed at me when I said that. But I do think this year Cali wants to take the other side of my bet here. He wants to bet me 100 grand. I'm not going to take the bet because I'd rather buy 100 grand of far coin.
But he wants to bet me 100 grand of far coin never sees all time high. So 250 I'm not going to take that because I'd rather put 100 grand in far coin. If I believe that and I'll 5X I'll make half $1,000,000. But do you guys think you can never? Win that bet. Do you guys think that far coin returns to all time high? And by the way, the the bet was until December 31st, so this year. Let's just. Calm down. Calm down. OK? Yeah, let's calm down. All right? Let's calm down. OK.
OK. Dad, I said this year. I didn't say tomorrow. I said this year. OK? You know, even Trump is tweeting about his token again. I think it's a time to come down, pay attention. You're seeing people who you're seeing shorts get wrecked. It's so good. People would have absolutely got destroyed at least last few months. But they're not short. Actually, they flip long. Yeah, exactly. Just bring up that fart coin chart and like how can you fucking trade that let. Me, See.
Hold on. Let me bring it up again. Here you go. So nice. Parabolic rundown and then parabolic run up again. Don't just hold it, baby. The true believers. I this is where I first started buying far coin like my I thought I was late, remember and $600 million. So 58075 to 7 is where I scaled a very big position last run up here and I wrote all of this here and obviously down but more I sold down but more and I got wrecked a bit. Then Mando saved me, caught me one day, A156.
It's like, listen, brother, we may be in for some trouble here. What? What I do love about this, and I'll talk my back a little bit, I, I clearly have some, is that it's not trading as levered soul. I don't even know if it's trading as like levered Bitcoin. I think like Commando said, I think. This is far coin. The the move started. Yeah. And as you can see now, the rest is moving and that it's not moving with it. It's just cool. Like it's moved.
Yes, it moved before, right? RE really really reminds me of Pepe. Yes, really. But on a faster time frame, right? An accelerated time frame. It could chop around this sort of level for six months. What I'm telling you is this field is now the number one meme on soul if you don't include Trump, right flips flip with, which makes sense. Corn Market. Cup. And names. Yeah. By the way, I think the sphere thing they have like 5 days left
to honor the Q one thing. There's just so much less noise. We cleared all the noise like we had 10 runners per day. It's going to flip. No, it unflipped. Wait, it's not that's no, that's not accurate. It's not 400. This hasn't updated, right? This hasn't updated. It's 600 million. Yeah, Yeah. Were you saying, Tyler, we got a reset? Yeah, and there's there's one meme a week that's worth trading, like one new meme a week at this point, maybe on a busier week at a handful.
So many of the old guards seem like they're kind of just dying and on the way out. So that there's just not if you want to play the meme game, there aren't that many options. The board is clear and it's going to be. And like we're seeing that with SPX. I mean, shout out to SPX. There's the number one mover on the day. Yeah, that's. Wild SPX isn't is the number one mover. Are we is the space is not working? Can you guys check, check, check. Oh, it's working. No, sorry.
There's I got a pop up from the broadcast. Oh wow, the space is broke. The stream to X broke I think. Yeah, Twitter just went down for a a second. Space is still live, but video's offline. OK, but videos live on YouTube. So for those of you who would like to watch the show on on video yeah, the video one that's why I thought since I saw that too. We're live on abstract and on YouTube.
So you can either check us out on on on abstract or YouTube very simple just look it up rug radio on YouTube and and you'll find us there yeah, I figured something was partly with Twitter because even numbers are yeah, Twitter ones down. Yeah, it's OK YouTube is the better platform right now anyways. Elon dodged his own platform sadly, when he went to do that with the government. So anyways, on that note, well 88 we pushed for 88.7 while Amanda was talking. That's actually wild.
Hopefully we'll higher. Let's go. I'm 80 certain. It's going to touch 90, right? It would be nice. Like it just feels like the squeeze is going to take, take out that and then and then we'll decide. Then we'll decide I might take some some off when I see 90 from last week's bias and see what's up. Where we go from there anyways? We're back to like flat on Sonic now, right? I'm more my last big, my size last buy on Sonic was $0.55.
So it's not bad. We're you know, so we're nearly flat, nearly flat because we bought what, 74726955? We we just kept buying. I was dying Tyler earlier. Keep averaging down eventually. Keep averaging down. There was a moment couple weeks ago I texted Mando. I'm like brother, my meant to like dude, am I meant to be worried today because it was down like almost 7 figures and then he's like brother, just just hang tight. You know we're going to weather the storm.
So we weather the storm and you don't even bought more when I saw 49 men though, but I didn't have the conents for that. I'm still working. But you, you got muted. You got muted. You made it, you made it. Can't hear you? I just said, did it go to 49? I I didn't. Even see that it's the week you were quite busy. It went to 40, brother. It went to 39. I went to it went to 39. Yeah. Wow like I just didn't even remember this. That's when I texted you that
day. It's you were like busy where you were on the try there and I was like dude, like I was like wow. Like I'm I'm down like $1,000,000. What do I do here? So I bought more. It's crypto, you know what I mean? They said if you're going to be buying alts, get ready to fucking bleed. You know, like Bitcoin goes down 30%, you're all down 75%, you know? We were talking about this hyper liquid's another one, right? Like.
Very good one. Looks like Sonic and Hyper Liquid are two of the strongest then. Both up about 50% from Yeah Sonic. 'S up. Whoa. Hyper's back at 17. Yeah. Tyler, you're in that trade, No? I am. I helped. I helped through it all. You've been, Yeah, you've been holding this for a while. Yeah. So I've got first buy was at 9, everybody was at 18. I have a buy at 33. So I'm underwater on that one. I think I'm basically break even
at this level. Wow nice to be here yeah, I would love so every chart's here right now, right? Every coin's like at this level where it's like it's ready to pop off or not, but we're praying for the pop off. I need everyone to keep manifesting, all right? We all want to. How's our pops doing? We. Don't talk about rings anymore. I swear to God. Ass on the pups fucking gets. 21. There was a disastrous Rune Point announcement. I thought it was disastrous.
Some of the people liked it, but basically like they've been waiting, they've been telegraphing Block 888-8888. For the Oh yeah, I saw that. All they did was launch season 2 and. We got up there. Oh my God. Even sell, I'm just going to hold the thing to 0, but that was. Bongo looking green. Bongo brother. All right, Tyler, let's let's see what's up with you. I. Want to come back to to macro just for a second. Yeah, go play.
So I part of the reason why I feel like there might be a little bit of the shift in vibes. And we were talking about this like the the all in podcast with with Scott Besson. I think also the the Lutznick one had been starting to go more viral.
Yeah, at least on on crypto X and I had a chance to listen to the Besson one like the first 40 minutes or so yesterday and it was reassuring to me. I think my primary takeaways like that they do have a plan and the plan is not to just totally RIP the Band-Aid off and wreck everything like bulls in a China shop. They have targets that they want to meet over the next two to four years and they are going to take a thoughtful and slow methodical approach.
They basically they want to reduce the debt, they want to deregulate to drive growth and they want to fix their national trade situation. And hearing it first live and first hand from Besson was reassuring. Yeah, I think they were good. Out there that, you know, Trump's just running in he he doesn't have a plan and. He's. Holding China shop and there's wrecking everything. And that didn't really, it didn't really feel right. But I didn't really have any
like evidence the other way. But I think listening to Besson in his plan was nice. Yeah, it got me pretty bulled up. I don't know what price action is going to do for the next weeks and months, but it feels like on a one to four year timeline, you got to feel a little bit better now. It feels like a big April 2nd is still a pretty big day. I think they're calling it Liberation Day, so. They're clearly. Yeah, but we're already seeing that they're walking it back a
little bit, right? So like maybe that was a negotiation tactic, but hey, more evidence that they're not just coming in and wrecking everything. So I thought that was a positive. I do encourage folks to to listen to that. Yeah, we also got snap federal elections called for Canada. So that's happening in April. So they carnies called for a snap election. So that's going to happen then.
So you see Trump going against the conservative guy here talk and say like he gets that video on Donald Trump was like, well, the conservative guy was ahead until I got in the mix and said that I preferred liberal guy. And and now Carney's got like 55 percent, 45% of Poly market. He's only going to win. Wow. Well, he's he's he's preferred at the moment in the markets, but he's walking back all this
stuff. So Carney, I'm not a big fan, but I'm not a big fan of either because he was the person that guided all of Justin Trudeau's financial decisions. You know, he was the leader of Bank of England last year, right? So he's the one who arguably put us in the shit alongside JT, right? But now he's walking back all the stuff that he did with you. So the capital gains tax, that was the proposed 60% tax, he's walking it back in a good way. It's good for us, right?
But he's walking back all this shit that he said he would do. So he just goes where the winds blows, right? Like he was an ex conservative guy and liberal, conservative liberal. So he's like he's kind of like, you know, he's kind of like the bearers on the on the timeline. You know, he's flip flopping. He's getting more popular. At the same time, Polyev had some strong words against Trump,
obviously. So defending his own country, right, Because Trump came up against Canada pretty strong. You can't blame him, right? And so now Trump is like fully against him. So he got a whole thing going on. I'm curious to see what I'm curious to see what's going to happen in in that in that world. Anyways, Tyler, you probably got a lot of stuff to cover this morning. Let's see what you got Full NFT and crypto analysis. Tyler T on FOMO our cause the kids can't bring the bachelor pairs.
Well, it's crypto majors mega green here this morning, up 4 to 7% after news of tariff relief. We've got Bitcoin 88 K he's nearing 2100 as well and alts render form and Sonic LED alt era also had a nice day. We'll talk about perhaps the driver for that here in a minute. The Bitcoin ETF six straight days of inflows totaling $785 million in that capital. So the institutions that they
are back buying again. Fidelity filed for an on chain tokenized money market fund on Etherium, likely to hold cash in U.S. Treasury securities, bit of a rival to Blackrock's Biddle token. Tether is reportedly engaging with the BIG4 accounting firm to conduct an independent audit, which would be their first. We'll see if they actually get this deal done. Coinbase close to acquiring crypto derivatives exchange Derabit, reportedly for four huge dollars. Should be one of the biggest deals.
It would be the biggest. OK. Yeah, it would be the biggest M&A because Ninja traders last week with Kraken was the biggest and it was the biggest Web 2 to Web 3 as well for us. But this is going to be the biggest if it hits 5 billion. Yes, that's a blockbuster deal to watch. We had U.S. Treasury in a hallmark move, they lifted sanctions against Tornado cash, I believe back on Friday and in metrics, folks, real world assets past $10 billion on chain now 250% of the
year. D Phi Lama was posting about that. That's a major milestone. Metaplanet added another 150 Bitcoin, 12.6 million just a week after adding their Trump to their board. And then this morning, breaking news, Sailor bought another 6900 Bitcoin for 580 million Big Mike back. At it bought the dip. Hey, he did one of his his lower buys of the last few months in token air dropping protocol news bear chains proof of liquidity set to begin here today. Market likes that so far. Barrett is up.
Mega ETH debuted his public test net hit 20,000 TPS on day one. Seen some positive sentiment around that. Another mega developer ported Tornado Cash over to Mega ETH. So now there's tornado cash on mega ETH forecaster launched a blockchain like data layer called Snapchain along with an AirDrop offers program and then myriad new Pingu money markets tied to this week's diamond Hands poker tournament. We may have to look at those lines here in a little bit.
In AI news, market cap up 10% back to 7 billion litres were all green. Farcorn is now the leader on that AI board, by the way. But Alchemy Arc buzz gripped all up 30 to 50%. So some big green and AI and memes and NFTS meme coin leaders very green. We talked about SBX leading up 22%. President Trump did post about that Trump coin on true Social. Just a 10% pump to $12.00. Would have expected a little bit more after the presidential tweets. I'm not sure how to feel about that.
Farcorn re entered the top 100 coins by market cap up 76% on the week exercise. I'd be more it's at 590 million. Then routine was the big runner of the week and got this 50 million after that viral video, 1000 million plus views. I'm sure we'll talk about that. Crypto punk sells several marquee sales. 428 zombie punk and two 3DS at 128.
Now, as SEC Commissioner Hester Pierce said, the NFTS may be the next crypto asset class to be regulations, potentially opening the door for companies to fundraise via NFTS. All right. And that was the Runda. Imagine being Stoner cats. So she named them as an example. So they had to like refund everyone like what 20 mil of some shit and and then you find out later that you could. Do you think these projects like suit the SEC? Like I'm curious that what the process is.
So it's like they made you refund everyone. They stood you, you lost millions. Not that storner cats was a good project to start with. It's fucking trash from day one, but you know what I mean. What happens then? Like, wasn't that like the closest example to a security that we had Like they're. Definitely. So I guess it was screw me off a little bit because like she, she does say like you, you you can't like function like a security like that will be, you know,
still. Yeah, overall good news though. You know, after the Yuga, the Yuga stuff dropped and and then this. So just again, more good news, you know, because when these cases are dropped, they cannot be reopened. So it's really good. So shot Stander. Shout out to Sander for getting us that scoop from from Hester Pierce. So it's nice. Mega youth who who basically did this right, right? Yeah, Mega youth cooked, didn't
you? I mean, I, I, I really like, like I told you last week, we were like, we're exploring so many different ways of doing what we want to do. And I really like the mega youth thing. So it's like 5% of the total supply of the token is going to be given to the people that minted the NFT, right. Just hold on. NFTI mean, I have it right after the fluff. I think you have one too, etcetera. So I haven't even looked. I just minted it. Just hold it until that Mega Eve
drops. I think it's going to do well. I'm excited. We have a lot of catalysts coming. I was thinking about this this weekend actually, because of mega Eve. You have like Monad, you have Mega Eve you have. I mean, the reason why Mando net like Sonic is because it's a fat air drop in June. So that is a little catalyst still like you know, it's also some injection and there's a few other things, right? It's not bad. Way Finder. Way Finder.
There's a lot of like there's a lot of cook Tari, there's a lot of cooks. You know, myriad is one of them. Like it's just there's a lot of things happening, right? For those of you who may have seen what man was launching Yate, like you can farm that soon. Like there's just like there's just a lot of like like this is the perfect period, Tyler, where like you want to like use apps and like test things because like you could be heavily rewarded come summertime. Like this is it?
And that that's been our advice for like what to do via this, like this, it wasn't a bear market, but like this, this quiet period, right? And now, and I want to talk about the story here here in a second from Wayfinder, but it's like now it's flipping a little bit into like a more bullish environment for these potential, right? Like just a week ago, it looked bad. Now it's like maybe it's good again.
And a couple stories I wanted to catch us up on, on this note from from Friday that we didn't have a chance to get into the Wayfinder in the Kaido effect, right? Yeah, let's, let's pull it up. Hold on. Let me pull it up again. Yeah. Here you go. Launched on the the Kaido board, they won the vote in 24 hours, one of the more impressive voting rounds that I've seen. I don't believe they paid anyone for votes. I was a leading voter. I no one paid me. So I just voted organically
because I, I, I like wayfinder. I do hold the time. But the the big news here is that after they went live on Kaido, they they saw 100,000 new wallets in just a a few days. Yeah. We got to do that. I think you want like if you're Kaido, like a Kaido marketing team, like this is the type of stuff you want to push out, right? I I think they do right? But they do. I'm just saying that's a pretty big impact from just a a handful of days.
You also bought $1,000,000 worth of his tokens the other day. Yeah, you. You as in you the founder. Not me, folks. I I did. Not you're the founder of Kaido, Yeah. I, I love that that level of personal belief and this was not using company funds, which which I've seen people like share both sides of buybacks, right? Like you could be using that money to to drive growth to do. Other no, it's his money. His own money. So that's just a bet that he thinks his protocol token is undervalued.
Right. And he set personal, he set milestones for things they have to hit for him to be able to sell. Like he wants them to have $50 million in revenue. So shout out to him. I love that. Would love to see more of this. I think one of the biggest gripes against crypto protocol tokens is that it gives founders and teams kind of off the hook, you know, the incentives to continue to build over a long time. You know what you see more in the traditional world. So love seeing that from him.
He is a lot. The other big token story here. I'm going to send you the link in one second. I mean, you either believe in you should or you don't. You know what I mean? Yeah, you gotta like I have like Mando Ovi and I bought like $300,000 worth of like rug radio NFTS in like during the bear market, you know, in public. It's like in the public wallet. And it's, you know, you believe in it or you don't believe in it.
You know it. It gives me more confidence as a market participant to see if who believes in their token. Let me see what else you said. Yeah. What do you? What's this? Oh yeah. Walrus. Yeah. One of our clients over on the crypt side as well. Walrus 3 big announcements this past Thursday. So first up, they secured $140 million in a private token sale. The funds are meant to accelerate the growth of Walrus, which is it's decentralized storage and application development platform.
The round led by some big players Standard Crypto, A16Z and Franklin Tibbleton were involved. If you aren't familiar with their platform, it does allow developers to publish, read and program large files like AI data sets, websites or blockchain history via smart contracts built on suite and written and move.
The funding is going to be used to support protocol expansion, maintenance and app development as they prepare announcement too for the launch of their main net on March 27th and announcement 3. What comes along with the main
net, a token is coming too. So the wall token is central to the decentralized storage economy and ensures stable pricing, efficient resource allocation, network security, several use cases in their eco including payments for storage, sticking for security, governance and a deflationary burning mechanism to find long term incentives. As for the tokenomics themselves, we do know a little
bit. 5 billion tokens, 1.25 billion initial circulating, 60% going to the community, 10% for an initial user AirDrop. So expectations are high for this one Over on Swee, big BCS like standard A16Z, clearly betting on them. I think stay tuned this week for more AirDrop details to come. And like we just mentioned, looking like a better market backdrop or potential token launch. So this is this one's going to have a lot of eyes on it. Wow, love that. Yeah, we're we deployed the
decrypt site on there. So all the data on the decrypt side articles, that's why I remember they, they sponsored our show and came on the show once as well. But for those of you curious, I forget when it was, but I know they came on. So I know. I just know on the decrypt side, I don't take care of it, but I just know like a lot of our data and articles and all that stuff is on there. So it's good.
Feels like one of those projects, protocols, companies that are going to have a lot of like a big company. Yeah, but it's never going to be hype, you know what I mean? It's just like. Consumers may not know it as well, you know, because of that. Yeah. They're they're definitely cooking over there. It's not one of those was like, oh, it's going to be like the hot flavor of the day token or this, but it's one of those like where you know, dude, I I hope the partnerships seem to cut
tokens out of this shit. What? Anyways, ANYWAYS, what's what else is new, Tyler? I mean feels like we have a lot to keep. We have time, it's perfect. So feels like we got a lot to cover. What else is new? Yeah, Maggie, we talked about that. So their their test net is now live that that's the major headline. I have not had a chance to play around with it yet. It looks like the speed is there
20,000 TPS. Some of the first hand responses I've seen from folks who did play around was it is incredibly fast. And you know, we had Brad Guy on the show a while back. They are looking at, you know, targeting real time apps because they have the speed to enable that and I think there's going to be a lot of eyes on this one as well. They're building some positive momentum. I'm hoping to have a chance to test out their test net here later this week.
Let's see, do we want to pull up the Myriad board? Fuck yeah, dude. Some of those news So what 10,000 unique traders milestone got hit this weekend? Yeah, we hit that. We're working on the new meta base for the total users, but we're nearing 400,000 in terms of like points and and the whole thing. It's actually wild. So I started to serve query in a dune dashboard because we're fixing a few things for our own dashboard, but we're we're like 15 to 20 Kdus.
So every single day there's like over 12 to 20,000 people that use myriad. It's it's I was digging in this weekend, dude, It's it's pretty crazy. I I do wish we would ship markets a little faster in terms of USDC. So we're working on that internally. But but, but you know, it's doing good. And then so we have this diamond hands for those of you who remember doing NFT Paris, we did this poker tournament. I cooked everyone.
So I don't know if y'all want to back the best horse, you know, your boy, you know, Tyler cooked on for rope, you know. And, and so yeah, we got, we're running it back this week Wednesday at 12:00 PM Eastern Standard Time's live stream on abstract with our partners that wear social poker. And so it's going to be Faro versus KBM who profits the most. If you bet on KBM, just know that you're betting on the bear. Would you guys bet on the bear? I don't think so.
And then Lucanette versus Wizard saw who profits most. There's going to be more markets to come out, but there's a few fun things here. Tyler, already a couple million Pangu wagers. Last time was what I think it was 7,000,006.9 million actually Pangu wagers. So it's not bad. Hopefully we beat that this time. Yeah, I'm on. I'm on the side for oak once again. I have to bet against KBM. I'm that is a fact. I'm excited for this. I need to take a look at the
hand lines once again. I hit one of those in round one as well. You hit? Yeah. And then I'm going to my own horn. Had a nice little, it's not resolved yet, but it's looking good in the USDC market. So when we didn't start bleeding out at 5:00 PM last night, I, I, I took the yes side on fear and greed. What a shot. Yeah. So I'm up 100%, so I could exit that right now for a clean 100%. I think I might just get greedy and get that last 10% so it looks like. I think you're good 36.
It's a 45. So it'll be like 50s tomorrow I think. And that that seems to mirror like the sentiment right now. I mean, you've got Handsome, who's one of the louder bulls in the timeline. He's apparently long as of last night. It changes the sentiment for real though, right? When the big accounts like Arthur and Onsen were the two big accounts and big influencers in the way that were the most bearish at the top, rightfully, they actually did call it Pico top. And so it does affect market
sentiment. And then everybody else piled in, right? We got cautious. Everybody else got bearish. We're always bullish, you mean Mando, but we still got cautious sentiments is good now, you know, so there's that. This one's too. That's free money. I didn't have the the stones for that one, but that's looking really good. Yeah. Do we know what we're going to get this week or is that still? More money markets like that,
just more prices. The F ones were funny this weekend again Ferrari, but both got disqualified, Both cars. I just love that one market. I want to run it every single every single times. The F1 races will Ferrari podium because it's two races in a row where they actually rug and people are like fuck it's so good. But yeah, I'm not sure I'm going to get with the team after this at like noon today and we'll see what else is coming.
Nice, I'll be looking for that. In the meantime, there's a little bit of meme action on the board, so if you want to pull up decks, so. We're dude, hold on. This is insane. By the way, Speaking of memes, Saratoga stock is up a billion dollars based on the video. Yeah, it looks like Little Moon. What time did he tweet that? Yeah, he stole my tweet. Oh yeah. I think that's my screenshot exactly. Classic bro. He does it every time. Every time. Every You know who shared it
first, Don't worry. Every time keep. Going down a little bit. Where is it? There it is, every. Single. Yeah. OK, I wonder where he got that screenshot. Every time bro. He does it to us every time anyways. So this thing is having some real impact. I think the stock is yeah, stocks went up about a percent now. So it it has gone back down. But this this guy Ashton is his name. I forget his last name. His arguably the most, I think it is the single most viral video of all time now.
I I have never ever ever ever seen this many. Where is the video? I want to find the original 6 we got to get this to building views. It'll get there, right? Oops, I didn't mean to repost it. Fuck. Four days old. It's funny because I saw this video like last month. It just recently blew up. Like it came out a while ago, right? OK, I didn't know this was maybe like a different iteration. I don't follow this guy so I I don't know, but he mega viral
680 million views. I think that the classic parts of it are like when he's diving and it's like 7:00 AM. People have been using that meme the. President used it the rapid response. The Saratoga Water is flying off the shelves now because. There's a mean corn attached to this. I saw that on your. I didn't even know. I didn't, I thought about it. I was like, and then I saw your tweet. It's crazy. So I I'd seen this meme and then Saturday morning I'm at the desk
having some coffee. I see Clemente tweeting about this. He's talking about how it's gone parabolic to 1.5 million. I instantly chirp him about how 1.5 million is the is the new bar for being parabolic. I was like, this is dumb. This video doesn't need a token. But then I I I bet against my intuition is like. Usually when I think something is dumb on a Saturday morning, it runs for the whole weekend. So I bought some 10X from 1.5 to 15. We'll see if it's.
So stupid. I didn't want to buy this, but it it was an example of some opportunities back. Did you see Jakey's? He's at 50 million views. Yeah, I I hate giving a maritime, but it was a well done video. It was pretty fun. So let's see it. I haven't bought it. I haven't bought anything but let me see, is it this one? The token came out Friday night like it was viable at 50,000,050 K Rather it was viable at 50 KA 100K for a few hours. It was 500,000. Saturday morning it was used.
There were several windows to buy this thing. Oh wow, you see pumps swap Now here we got to talk about that after that, but oh wow, look, you see that? I didn't. I have not seen that yet. Look at that pump swap. Wow, so this is one of the pump swap too? I've never seen that. And I look at first when you look up routine, the 1st result here is Pump Swap's results. Speaking of which, that was on Friday. So we, we kind of, we had to skip your topics, but that's a big deal.
That was one of the single biggest stories. I'm pulling up the Dune dashboard to see if there if we've seen a revenue spike, but pump fun. They introduced pump swap as their own native decks, so they tout new features like instant migration, lower fees. Creators are going to potentially have larger cuts of their tokens and more liquidity. So this is a huge deal. It has to be very. Finished.
Part big, you know, thesis for Radium was that all the the pump fun tokens were going into the pools. That inspired a little bit of back and forth on the timeline. Iridium team said basically, hey, we tried building this for you 6 months ago they didn't want it. Well, maybe. Well, I get it. But also like I get it like if I'm making, if I'm business made $600 million this year, why would I need to outsource it? Yeah, you. Know what I mean?
Like I don't need to be a Dick, but like I'm not outsourcing my production market platform, building it in the house, you know what I mean? Like. They have infinite capital. Why would they need source anything? They made $500 million, yeah, 600 million probably by now. So it, it makes sense for them to launch. I think one of the more interesting aspects is going to be this creator incentive
program. So we, we and what we've seen from pump funded rivals and competitors who've been spinning up over the last few months is different types of bonding curves, giving creators a little bit more control over tokenomics for their coins. And then different types of incentives to try to change what most folks would would say like that the current pump fund model was you just want to launch as
many coins as possible. So and get out and does might even be incentivized to effectively rug their tokens. Because. Like what? Whether one of the competitors like the Pumpkin team is going to do is you as a creator get more but fees the longer a token lasts and the higher it goes. So effectively incentivizing you to run a token like the right way and actually haven't succeed
over a longer time period. We don't have detail exactly what pump swap and what those creative incentives are going to be, but I am curious. My read is Alan and team, what their competitors are doing and if it makes sense, like they're just going to build it into their own platform. Basically is is my read and. They're. Supposed to do it so like I, I don't know, like I I was chatting with jeebs. This is crazy. People are are making the comparison. This isn't him of pump fun to openc.
I I I feel like pump fun is going to be around. I think they're going to be there for a while. It's hard, it's always hard to predict the newcomers, but I don't know who's going to displace them anytime soon. Yeah, me neither. I mean, I've been saying this forever too, but it's just like dude, like every single copycat didn't pick up. Like even deck Screener has one shot or all the nothing picks up. Like I think the reaction of radium to create that, you know,
is is kind of hurting, you know? It's it's really hard and I think their MO's just going to get bigger or maybe not MO might be the wrong word, but I just think they're going to going to continue to build out their platform and as long as it's good. And like, I don't want to throw shade at open C, but I feel like part of the the criticism against open C is they had The Big Lead and they didn't really do much with it. They kind of they. Kind of. As is for a for a while.
I think that's fair criticism. Fun is showing, like, hey, they are going to continue pushing forward. Like they could have just sat on their hands. They could be on the islands right now with all the money they've made. When is the open sea token coming out? That's a billion dollar question better for that. Oh my God, I'm down for it. Have you been trading much on open sea? I have not traded shit in the NFT space. I haven't been trading, I haven't really made a trade in
forever. I tried to buy some please because of you and I bought the top my. Bad. No. It's OK. I I'm surprised this one hasn't bounced at all on the way down here, but it's because the meme kind of died out, but I lost the but I cut it. I cut it like 26 M So like, whatever. Yeah, yeah, yeah. I was like, this is not like I stopped seeing memes on my timeline and I was like, OK, this is finished like this is it? Yeah, like I I I bought a little bit and it was like, OK, I
bought like 38 mil. I was like fucking maybe it goes like I bought nothing. It's like 10 grand. I was like, maybe it'll go to like 80 mil, I'll double it, whatever. Like it was stupid and I knew I was buying a Cotop, right? I was like, fuck it. So as soon as I was down like 3540% I was like, I'm good like I'll just, I'll just take my loss here. I don't care. Yeah, whatever. Just name of the game, you know what I mean? There's so many places to me, but I bought a size Solana last
week so it helps I think. I think we're looking good here. I don't know, we'll see. Hopefully this contains. Me, to give Anson some credit, I got to get a lot of people throw them under the bus. He nailed the Solana trade. Yeah, of course he did. Three years, I mean, better than anyone, right? Yeah. So him firing back into Solana, 140 was his number. He wanted to see it close over 140. It did, and he got back in. I think you have to like that.
From a. Like from a trader perspective, if you give weight to to his opinions and I think you have to, you have to like that. Yeah, every. I mean, The thing is, you know, we talked about this this weekend, but like everyone's asking, so was that the bottom? The thing is like, even if it wasn't, you're like sweeping those lows again. Like dude, how much lower do
people want it to go? We had a 30 plus percent retrace on Bitcoin. We had a 60 plus percent retrace on Solana. What a 50% plus retrace on on earth. What do you want? Like what more do you guys with 55% retrace on Tesla? You have like a 10/10/20 points on SPX NASDAQ. I I didn't really follow that it was down bad. Like what else do you want? Like altcoins never even got a pump to start with, but even the ones that we bought, for example, I'm in Sony that was not like over 50% as well.
Like what do you, what did you far coin from 2.7 billion to 200,000,000 / 9250? Like mucos went down 90%. Like how much slower do people expect this to go? Like yes, sure. Like I'm not getting getting bulled up. I'm cautiously bullish still. I'm not changing my stance on the cautious, but like still like bro, how much slower do people want this to go? Tyler? I don't get it sometimes. Like hey, do you want to go to lower St. You want to go in a 2 year bear market right now?
Like is that what people want? Like sometimes I wonder. You always confuse me. My gut read is it's more likely that we have bottomed the knot. And yes I can't predict day-to-day price action but I position that way. I mean I was buying assets through it all anyways because I didn't think we were going into a multi year bear. But I'm just glad I managed to catch Solano slightly under 130. Suck it. You know it could go back there tomorrow. I'm still I'm not selling it
because I'm. Not going to sweat. It it's good. I have a good entry. Now, you know, I'm like, I'm happy, sold, sold most of it above 150 because OK, that's enough and, you know, go back way lower. So very happy about that, you know, And yeah, I didn't get 113 because I was scared that day and Max fear on the timeline. So yeah, no, like I'm not the guy. Like Ovie buys those steps, you know, like Ovie's good at this shit. Like Ovie will buy, like, like he'll see -60% fucking.
I'm all in. I don't have that in me yet. But you know, by the -45% you. Know an arc and he might finally be back up. Arc's back is. It how is our how's how's the cookie Duff on board doing? It's green again, so it's back to 7 billion seven. Billion so I never really left that 5 1/2 like 5 and. 1/2 like 4.8 was the lowest but like. Yeah, she did some weird I. Don't know if I I totally trust all their numbers. But it's a good sentiment kind of aggregation, like it's a good
idea of where we're at, right? I'm, I'm not personally ready to say like, let's all jump head first back into the AI trade. No, I I want to see a little bit more. Tough. Yeah. What's AI 16 ZI haven't followed it all dude. Zero I've been following. 1,000,020. A month this quite. A bit, yeah. I think what you want to see here is similar to like the far coin chart where you see a longer bottom and A and a little bit more of a curl. I know.
Really started aping into this. It's hard to buy this the How's the Murad list going? Hold on, Lucy. Probably good. It's not bad. So SPX. SPX is the biggest 1 so you want to see this right when your memes. Usually you want to see this on days like today. How's MOG doing 210? OK, that's so green, but they're all all the charts. Look at that. But it's just, you know, it's rough for everyone.
So that's the thing when people are like, yo, did we bought them like yo, the biggest Nim coins did this, You know what I mean? If you think MOG is going to make it then it's a buy here. Well for me MOG may make become a multi cycle coin after the cycle because they've survived over here almost actually knocking is going to be two years. We're almost done. Two years on the block.
Pepe, dude, if you believe Pepe was the corner of the cycle, you could have caught it $2 billion last week, 2 billion for Pepe. So Pepe is. An X mog basically right now 3.2 to 200. What do you think? 12:50 spread usually I don't know. Feels like it's a 12:50 ratio. I'm a big spreads guy. Big spreads guy I like. That I like to I like to track these. Spreads How's the Melania Trump spread? The oh wait, what was the other spread that I was in? You're you're ETH Tesla.
That's your spread. Oh yeah, ETH Tesla, those are those are like 1:00 to 1:00. And so Melania unlocks, I think I've started. I don't. God this is disgusting. I don't I can't look at that coin. That's PTSD. Let's look at Trump. You said he tweeted this. Yeah, Trump posted on True Social. OK. Basically like loves the. Loves the what if though? Just what if? The thing here is, man, this thing's only two months old. How wild is that? Doesn't it feel older than that?
It feels like years. Yeah. I mean, it's been a rough two months since right it. Has we've been, we've been through some things. Let's let's just say that the unlocks start in one more month. So you have to have those unlocks. You can't have a usually like a pump to unlocks, no. That's a big, big day for that token because if it can get past the unlocks without the second mega dump, I think that's going to give folks some confidence. And guess what?
A lot of people are still in that that coin. So there's going to be a lot of potential people rallying. Maybe the flip side is there's going to be a lot of people looking for any pumps to. Exit. There are a lot of people in that coin left. You're right. How many holders do they have? Do you still have the chart up? I, I can show you. I can show you the holders. Hold on well, my holder scan is old. It's got all the fuck What's MLG? I'm curious.
I'm not even trying to say because I have it open on them Holder scan I was closed. Wow pump the Fargo is such a good organic but see all three of these. This train only runs 11. Only, but see, even mog, we're talking about mog just now. Holder base Pepe fart coins though. Wow. Wow, you're asking about Trump, right? Let's see, Trump. Well, I just thought it's 11 into fuck Trump, Trump, Trump. Well, I mean, what's the CA? Hold on, what am I? Is it 7 million?
Fuck. We can just see them backs. Yeah, yeah, CA boom. There you go, 6. 150,000 yeah, So saw a little bomb. How many? How many did it gain? It gained 600 and OK, that's not too much. Yeah, 600,000 holders in this thing still. So I don't know there, there may be some outs left. I'm, I'm not, you know, that's not my thesis to go by Trump right now, but I'm just saying you might have some outs. Yeah. A man that far corn Holder Grove. Absolutely wild, love to see that.
Wow look at the daily growth here. Holy shit that's impressive honestly. I mean, dip dip tweets a lot about him. Of course he's like the biggest bull, but he said like. But you got to respect that, right? Biggest bull at the lowest, biggest bull at the highs, biggest bull at the lowest, biggest bull at the highs. Like you need those people. Like every meme coin needs like 1 champion. The last time we were at this level they had 35,000 holders, now there's 125,000.
Wow, impressive to say the least. Also even the Billy Betts one. They were on the show last week. It was almost 50% since. Nice. Yeah, love to see that. I'll have to check in with those guys. Yeah, love to see that anyways. All right, well, look, I think that was a good round up, Tyler. I think we went around the horn pretty well. Love to see that. And we'll be back tomorrow. Same time, same place with the robot loot box.
Fontal last. It's not tomorrow morning. 10:00 AM is the Standard Time for the episode of Full Mower on our radio. Let's go.