Crypto holds on to Gains, US may reverse Biden BTC sales, Tesla leads bounce - podcast episode cover

Crypto holds on to Gains, US may reverse Biden BTC sales, Tesla leads bounce

Mar 25, 202552 minSeason 4Ep. 320
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Crypto holds on to Gains, US may reverse Biden BTC sales, Tesla leads bounce - FOMO HOUR EP320Crypto holds gain as tariff concerns ease. Rumours US will buyback BTC sold by Biden. Oklahoma House passes BTC reserve act. WLFI deploys stablecoin on ETH, BNB chain. Kraken considering up to $1bn debt financing. Mt Gox moves another $1bn BTC. BTC current correlation to tech stocks very high. Stablecoins supply on ETH hits ATH of $132bn. Worldcoin in talks with Visa for payment wallet. Tokenized RWAs $10bn TVL for first time. 51% of US advisors to allocate to Crypto ETFs. Abu Dhabi’s ADGM collabs with Chainlink. USDC first stablecoin to be approved in Japan. CRO up 10% as Trump Media to partner on ETFs. BERA up 10%, launches Proof of Liquidity.PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGLPODCAST = https://podcasters.spotify.com/pod/show/fomohourLIVE SPACE = https://x.com/i/spaces/1zqJVjoVQqnJBLinks:https://linktr.ee/fomohourhttps://twitter.com/fomohourhttps://www.rug.fm/https://x.com/rugradiohttps://linktr.ee/rugradioHosts:https://twitter.com/farokhhttps://twitter.com/rektmandohttps://twitter.com/tyler_did_itMyriad:https://myriad.marketshttps://x.com/MyriadMarketshttps://www.instagram.com/myriadmarketsFOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.#bitcoin #crypto #podcast

Transcript

What up? What up? Good morning. Good morning. DMG. Tuesday, March 25th, 2025. Four, 2525. Look at that. No, it's 33. March is the third month of the year. March 25th, 2025. Look at that. Another beautiful day to have a beautiful day. I got my coast in the house. Tyner, Tyler, good morning. How you doing today? I'm doing great. Sun's shining. We had a green Monday for once in what feels like two months or more and we we might be able to rent it back here today.

Looks like things might be reversing here this morning, so good day. Both sides. Sun is shining. Ouch. Ouch. The sun is not shining here. Yeah, OK. There is no sun. I love you. I mean, it's snowing like crazy right now. I really can't wait to leave. People ask me like, yo, why are you leaving? I'm like, have you seen the look at the sky? Oh, man, it's good. I love that the sun is shining. The mantle's going to pull up at some point.

Any minute now, he's going to be like, oh, stop it too much. You know, classics like looking at us like this, Like, oh, there's too much sun. Oh, my God, there's too much sun. Yeah, the sun is not turning. Yes. Breezy snow. Yeah. It's crazy. I mean, we always get this, like, end of March snow. But like, not always. Like there's been a few years with the, like, the climate change, like it's very real here, climate change. And so it's been warmer.

But this year is like a real winter, like a real, real winter. I haven't seen a winter like this like 20 years living here. So anyways, you know, it is what it is. But thanks. I'm getting fucked out in a few days. So that's what's up. Anyways, tell the show today, today market report, we're looking green like Tyler said, let's hope we get some more green today. That would be really nice. Yeah, I could. I would love a nice little squeezy, squeezy over here.

And then Tyler's top 100, which someone was going to become top 1000 again, because like, things are moving, man. This is news galore. It's definitely news galore. There's a lot of stuff going on here. Robot loot box, bin. We got nice, nice box. I mean, I did it early this morning. There's like 8% chance to win a pudgy and 1% chance to win a punk. It's like there's a pudgy and a punk today. Fuck it, let's ball and some

right guys as usual, right guy. Which by the way, that's floors up. Love to see that there's some new, new flavor. Love to see that on the abstract. And then last but not least, this show is powered by powered by galaxies. Galaxies is a web 3 platform. I don't know it by heart is a web 3 platform empowering creators, brands to build a stoppable communities with full ownership and independence. Trusted by icons like Donald Trump, CBL Key, Mike Tyson and

the NBA. Shaping together the future of engagement, but also wallet connect. Wallet Connect is a connectivity network shaping the future of on chain UX. If you've connected to Web 3 app, you've seen Wallet Connect. That blue logo is everywhere, an icon of trust in crypto as recognizable as Visa as check out. Want to learn more? Follow Wallet Connect on X and Telegram to stay ahead of what's next. Since Mando's not here to tell me what's next, Tyler, you are going to tell me what's next.

Yeah, folks, crypto major slightly red here this morning after a big Monday rally. Bitcoin down about a percent, 87,500 ETH hanging out, 2060 slot actually slightly green on that. At 1:45. We had Bera, one of the top movers on the day and alts after Bera chain officially launched as proof of liquidity staking incentive system yesterday. Those Bitcoin ETF inflows, folks. Seven straight sessions of green. Wow. TF buyers are out now in in late March folks.

The Trump's are getting deeper and deeper into crypto. So Trump Media has partnered with crypto.com to offer crypto ETFs to be live for trading on crypto.com when available. And then Trump's World Liberty Fi officially launched their stablecoin USD One on Ethereum and B&B, though I'm not sure it's it's yet live for trading, but it likely will be here soon.

Another stablecoin news circles, USDC became the first stablecoin to be approved for use in Japan, First and only stablecoin in Japan. So big news out of circle. Kraken is working with Goldman Sachs and JP Morgan to raise up to a billion dollars in a debt offering to support continued expansion for their exchange. We have BlackRock announced the launch of a Bitcoin ETP for Europe going Live Today.

And then breaking news this morning out of BlackRock, their Biddle token is expanding over to Solana. Huge news for the Solana ecosystem. We also saw Sam Altman and their world network in talks with Visa for his stablecoin payments wallet. So a lot of stablecoin news again here on the day. An interesting stat and perhaps we can get into this later in the show for crypto ETS getting massive popularity with U.S.

financial advisors. 57% planning to add to crypto ETFs this year, only 1% looking to take some off. In token AirDrop and protocol news, Polymarket enabled Solana deposits for the first time, though trading still on Polygon mintifies Mint token launches later today. Almost 15% of tokens allocated for a user AirDrop shape the Shape L2. They tease plans for their own SHAPE AirDrop coming soon as well.

We saw Movement announced plans for a $38 million buyback after Binance investigation to one of its market makers seemingly under the team's control who were who were selling aggressively on the launch and then the arbitrary doubt during a gaming catalyst program proposal with 225 million ARP tokens on the line, that's $88 million. So substantial and AI memes, the NFTS AI market mostly chopped on

the day. I think the big news was AI16Z announcing an imminent upgrade to Eliza OSV 2 with cross-platform agents, autonomous workflows, evolving intelligence and more shook it off. So that kind of gives you a sign of the times here with AI and now imminent upgrade move the the token and memes meme coin leaders we're pretty green up about 3 to 5% across the board. Bigger news is about pump funds, pump swap. They're decks $540 million in trading volume.

That's third overall across all Dexes and 25% higher than Radium, and that's been live for about a week, so they're already seeing substantial volume and NFTS. Punks swept to 42 ETH 87 K, closing the punk. Bitcoin spread to within about a percent here. You love that spread, don't you? Love that spread and then tempered Wizards. They're mentioned later today. Big day over on Bitcoin. Yeah, I think the white list on it yesterday. Shout out to Udi.

Should we post that thing? Yeah, that spread is getting closed. That spread is getting closed. Movement Labs, man, I only hear about them when there's drama every week. It's something else with these these lads and BlackRock. I mean, that Hydro Libra. Hydro Libra, you know, BlackRock is coming to acquire tokenized Argentina, all in the Solana blockchain. Wow, love to see that. You know, they were like, fuck it, we can own another country in the form of a tokenized, you

know, a token on Salon and SPL. Wow, sign me up. Anyways, Mando, See, we called it. He'd come in with the sun flashing in his face and all that. What a flex, dude. What a flex. You're just flexing him at this stage every morning, fucker. How you doing man? Bright, how are things for you? Fantastic. Fantastic. Green is always good, right? Yeah, it's been, I guess. It's we're still green from yesterday, right? It's like been a bit more like we didn't touch 90K but we came close.

So what was green again? We'll take it. We'll take it. We'll take it. We'll take, we'll take it. We're looking good. We're looking good. Where do we even start? I mean, let's start with the market. I mean, Mando, have you been able to follow my. I know you're busy, you guys, you guys are you got a lot going on there. Not allowed to share my affiliate link yet. I got yesterday. The youth team didn't like it and I shared my field link yesterday. The youth team was like, yo.

You can't even get on the site dude, so. I can't wait to play Coin Race on the show. Dude, that one's fun. Tyler, you try that one. I haven't tried it yet, but I've seen the previews, the teasers, and I it looks like the game is right up my. Alley, you're going to love it because they have fart coin in there. It's like fart coin. Oh baby. Oh yeah, it was a lot of fun. I've been very busy, but yeah, the market's looking OK here. Like it's good that we held on to the gains from yesterday.

Still feels a bit squeezy across across global markets, right. You've seen stock squeeze back up. Nasdaq's still squeezing higher today, even after a good day yesterday. Yeah, look, the real pain trade is just is just like another day of squeeze. I don't, I think you're quite a lot of juice to keep on going here. So yeah, I think, I think that would be, I think that's my base case here is that we still are heading towards 90K and I think stocks could continue to squeeze

too. So. Yeah, I mean, we're looking good guys. We're looking good. Where do you see how many liquidations again there are? Like how much money is just getting liquidated like 9092 Ki forget? Glass. Cool glass shows you the amount. Yeah, normally they have a heat map. Because I know it's a lot liquidations here. What is it? Shorts? Is that where you go? No, that's like if you take up the heat map liquidation you see there in the top row.

Here. Yeah, I guess it does tell you how many how, how many liquidations have been 24 hours is 180 million of. Liquidation. Wow, higher it would be nice these. Aren't even all the figures right because because finance doesn't show so. Interesting, Interesting. Yeah. I mean, the market's looking really strong, guys. Honestly, I was looking at less.

I was like, guys, it's going to be sustained because, you know, secondly, you start pumping like everybody goes Max long and then you're like fucking I'm ruined the fun. But this morning woke up and seems like things are on the move again. So that's that's quite amazing. Anyways, OK, well, the market's kind of unchanged from yesterday's. It's not a place to talk about. We're still feeling squeezy and, and, and, and macros are looking good. Look what I'm saying.

So I was 146 Bitcoin's an 87 six ETH is above 2K. So you'd love to say it's holding that and feeling poor ETH. I actually have a question for you too. Arthur Hayes tweeted yesterday. Because we we're probably going to open a market on that, he said $5000 ETH before $300.00 soul. Who's with me? What do you guys think? Curious about that one. He's always been a bit more of an ETH guy, right? Yeah, He's been largely involved in a lot of like the D5 stuff and which has been more of an

ETH, ETH trade. I don't know, maybe I would be surprised if he goes to 5K before Saul goes to 3K. But yeah, maybe they both don't get to either. That would be Max Payne, right? Yeah, I don't know. It's I don't know if that's good for a myriad market bet, you know. Well, that's why we've. Been sitting there for like 10 years. Maybe we open like 250 and 4K, you know what I mean?

What I say was Bitcoin in this scenario, in this magical scenario where ETH gets to 5K and or sold us to 300, like what, what Bitcoin level do you have to have? It's got to be, I mean. Last time sold went to 300, almost was 290. Bitcoin was at 1:10 one O 9. Yeah, but. That was also in like the most possible extreme bullish soul scenario that's going to. It's hard to see another catalyst like that, right? I mean, it's possible like it's it's hard to to rule it out.

But it could. It would be a more gradual grind up this next time. It wouldn't be. Bitcoin goes back to 100K. What? What's the what? What is our 8th target? Like I said, we squeeze up. We have a great rally in the mid-april. Bitcoin goes back to 100. 2300. That's probably where I'm at. That's a. Tough one that market would take too long. I think guys this is a tough one. I think what's the chat saying E to 3K still to 202 thousand 3000. It's a great engagement post for

sure. I mean he's got 600,000 views on it so I'm taking. Sure. I mean, it's just on the straight numbers game, right? It's a 2X move versus 2 1/2. You. Guys, sold inflates more than ETH. You have to factor that in due degree, yeah. I don't know. This is actually a good one. I have to say. This is actually a tough one. I don't know what to say here I feel. Like if you put this out it would be 75% of people would be on the sole side if not higher. Yeah.

I think that, yeah, I think we'd have to set the line at like 4K because that's the high that ETH hit this cycle so far. It's a more fair line, maybe 4200. Just do like if you did the exact like 2X from here. Yeah, I would do like that's 4K250 probably as a market we were talking about this morning in Slack and like you should we make a market based on this tweet, I just think it'd. Be it'd be up all year, wouldn't it?

That's. No, that's the that's the concern Mando. It's like it would be up for too long, you know what I mean? So anyways, that was fun. Look, there's not much much to talk about the market wise. I mean, looks like we're going to keep squeezing please for my bags would be really nice. So, so Mando looks Mando's bullish. Love that when it's very bullish. How's our how's our favorite chart, the M2 global liquidity doing? How's how's that doing? I mean, it's going higher macro.

I, I mean this this week I already said, you know, it's a little bit quieter this week. I think we'll get the only real big stuff is on Friday. We have GDP on Thursday, but Friday will be the the bigger one there was this what the wild story yesterday was really about the the group chat getting leaked, which I thought was pretty funny. So do you. Guys think this is like meant like did you guys like for, for context for people who, who may

not have followed? So there's a leak on the Atlantic of a group chat on Signal with JD Vance and like the Secretary of State or whatever, like the chief, like the big guys, the big guys in U.S. government where they added someone into a Signal group chat and they're talking about war in Yemen and how they they're tired of bailing Europe out. So Amanda, do you do you think that was an accident? Like accidentally added a journalist that hates Trump in a

signal chat. The boys chat to talk about war. I don't. Even know how that happens yeah like it's a very strange because it was apparently invited by Waltz right So I don't know who they were meaning to add is the weird 1 so. What do you think? Yeah. Bit of a fumble I think. I I. Don't believe the conspiracy theory. Basically, I think it was just. Because. Hexif might lose his job over

this right as well. I mean, he's unlikely to, but but the fact that he was sharing that sort of information, that's like strike coordinates with people who didn't really need to know that he he's been criticized as just as much as as Waltz has, really. If I had to like put money on a bet it was if it's real or not, like a real mistake or if I set up I would probably bet that it's real.

But I've been having my tinfoil hat on quite a bit the the last 24 hours and there's just so many open questions. I also like this journalist doesn't raise his hand and say hey guys, maybe I shouldn't be in this top secret chat. Well. No, but that's going to be the story of his, of his life right there. And then like the language they were using was just like hyper formal and like it didn't feel like I'm not in any government chats with with these type dogs, are you?

Not. I don't know how it is you're not in. The Signal chat with DD vets that might be a. Surprise to our listeners, please. But but I'm not in there. This is some of the language. It's like, oh, I fully share your loathing. It's pathetic. Like, I don't know, like the word it felt didn't something felt off to me a little bit. That's not in that theory. Maybe they're setting this guy up there and trapping him.

Also feels a little overblown. Like the the messages I read, like it didn't seem like they're giving out like detailed war plans, Like these guys aren't the ones who have all the specifics. And it was, what, just a couple hours before everything was launched? So I felt a little overblown. Yeah, I don't. Know between that and what's happening in Egypt on the the the pyramids, there's a lot of shit going on man. So I'm just like, have you followed the Egypt stuff?

I know they were on archaeology show, but like the quip wrote about it yesterday. So I was like, damn, this is actually. I don't think any of that's real. I don't think, no, you don't think it's. Real bro. The Egyptians were mining Bitcoin bro, not. Until I see it, I want to like how how have we never, we never dug on any of these pyramids to see this stuff before. 650

meters deep bro. Yeah, I I also think this is kind of cap I look quite a lot into it and I was like, yeah, I I don't know, like this is they one study, right? And then a lot of other people have come out and said like this is this is not enough to basically claim this is. But let's find out. Go dig on these things. This would this would change the entire understanding of the history of mankind, if it's real. Is anybody in Egypt? Do we have boots on the ground

on the show? Surely we have Egyptian listeners. We have listeners from all over the world. I wonder. What they think I'll buy? You. As the you know, my name is Egyptian, so I should be the expert on the matter, you know, but but I'm not. So maybe if someone in the chat knows more than me about ancient Egypt wants to go and dig in. Let us know what you find under under there. Anyways, Marcus being the market, love to see it. We're green. We love that. Tyler.

What else is new? What else is new in this world? Yeah, I think we got to talk about the the Trump ecosystem family and businesses getting deeper and deeper into crypto SO2 headlines. So we knew that Trump World Liberty 5 stable coin was happening. I think the story came out in October. It's officially launching on Ethereum and B&B. So I don't think that's a a huge shock by any means. But Trump Media, which is the parent company of True Social,

they announced. Partnership with crypto.com to develop and launch crypto focused ETFs it means to offer exposure beyond tokens like Bitcoin or crypto.com's native Kronos token. They're also looking at just other sectors outside of crypto like high energy and and innovation companies and these are going to be trading through crypto.com's platform. So then this was a surprise headline. Then you've got folks like Zack XPT in the replies pointing out some.

Negative. Behavior from crypto.com in the past and the burning of their tokens or that the opposite of that like they they reissued the burn tokens and he's saying like, I don't understand why a Trump company would work with this group. And I, I still like, like I've been praising this administration in this family for, for the positive things they're doing.

But I feel like the, the deeper they get into some of this and, and partnering with borderline, if, if it's even not borderline bad actors in crypto space, it, it, it's not a good look. And I think it's, it's becoming one of the biggest risks and that's. Crazy. Biggest risk in that if this administration loses power, the

is the other side. Use this as their primary, you know, foundational argument for your crypto is a scam and Trump was just doing all this to enrich his friends and family. But this is crazy, right? The CRO thing. So the I'm sharing on screen for those of you who don't know we we, we stream on video. By the way, make sure you're tweeting y'all. We're giving away potentially a punk or pudgy payment later. So I want to see some retreats

on the show. I want some listeners also, I got Bongo on stage with us just because I like him. So just hanging out when we talk about Wizards. Maybe Bongo will go to you anyway. So Zack SBD tweeted CRO is no different from a scam. Your team just reached 70 billion CRO a week ago that was previously burned forever in twenty 2170% of total supply and when against the community wishes as you control majority

of the supply. Unsure why truth would choose to partner with your exchange overcome based crack in Gemini, etcetera after this move by your team. I'm actually curious about that as well. Like the I mean, crypto.com is not the first exchange that I would think of using. It's a matter I don't personally, I would like cracking, but it feels like Coinbase cracking Gemini are all three better choices and they were also sitting at the table at the summit, all three of them. So I don't know.

I don't know what's going on there. It's a little weird. I'm not sure I'm a fan of this decision either. You know what I mean? That's 70% of supply. I didn't realize it was that substantial. So in. 2021 litit this the largest token burn in history begins today. 70 billion CRO prepared to be fully centralized. So Litty gives receipts to this and here they are. All of a sudden the tokens are back and then he gets fucked by Chris. That's a. That's a red flag. I don't.

Know, man, I don't know. I don't know. I don't know. I don't like this. I don't like this. Wonder if they turn go around on it. I don't know that. This is weird. This is really weird. Originally, the total CRS supply was 100 billion. In 2021, they burned 70 billion. The CRS supply everyone between that time and now bought expect expecting 30 billion CRO would be Max supply now. 1-2 weeks ago they reissued the 70 burn CRO. I've never seen anything like it from a major company.

It's true. Like they're a major company. Damn. You can never trust the companies that sponsor the NBA teams. I'm telling you if if if your exchange sponsors a stadium, you probably want to relieve the exchange FTX vibes. I don't know, I don't like. This Yeah, it's kind of just printing tokens out of thin air effectively, right? And then, I mean, we, you can pull up the colonel's chart, right? The token dropped 75%, but it's it did rebound yesterday on the news.

Oh wow, it's doing well. I mean, the whole market's doing people. Wow, Sola's doing really good right now. Love that. Anyways, so there's that. What's the other Trump you just said related to crypto? Oh, the other piece was there stablecoin, which not a whole lot to unpack there. It's it's going to be. One right one. It's going to be on Ethereum and B&B. So I think Ethereum continues to to be the primary horse in the stable coin real world lasts game.

But then the other related news BlackRock and they expanded their Biddle token over to Solana. Saw that? So I think it's on 7 chains. So just quickly, this is their 1.7 billion, $1.7 billion tokenized money market fund. I believe it primarily invests in in U.S. Treasuries. It is now on Solana. It officially launched, it originally launched on ETH back in 2023. Now it's on 7 block chains. So it's not ETH and Solana, it's across seven different chains. It's expected to hit $2 billion

in assets next month. 62 wallets hold this token. I thought that was interesting. I don't really know what to make of that number, but I saw that in the in the article I was reading. Yeah, I don't know. I mean it's the securitize is doing a lot of stuff, man. We should get the CEO on if somebody followed me, that securitized company it, it looks like what they, they're the people who just launched a blockchain with, with Converge.

No called Converge with Aetna. No, looks like they're doing a lot. So Biddle's on Solana. Following the one year anniversary of Biddle's launch, BlackRock and Securitizer expanding access to a new share class for the Solana network. The milestone marks an important step in the continued institutional adoption of tokenized roller assets. Why Solana? Solana's high throughput, low cost. I mean, look, it looks like the tides are turning on Salon. What do you think by the way of that?

Like it looks like things are starting to kind of shift on on that chain. And we had a couple runners in terms of meme coins, not crazy, but a couple that did OK. And now you have BlackRock with a good headline. Like you're right, Tyler, by the way, this is not like like they're having a bunch of chains. It's not a lot of wallets holding it. So in essence, it's not mega, but it's still, you know, I guess, headline. The headline reads nicely, right? So So what do you guys think?

Like do do you guys think that the next like in this next run, do you think you're going to have another similar meme coin run on Seoul? Like even pump swap is killing it already by the way day one. Or is it going to happen like on like Mega eve Monad or Sonic or somewhere else? Yeah, I think meme coin round two or round 3, whatever round we want to call it, it's going to happen on Solana. If if folks are in these trenches.

I think what you need to know about these pump swap tokens is the liquidity pools are about half the size of what we used to have. So what that what that means in practice is we are likely to see faster run ups and faster crashes in these tokens. And I think we're already starting to see that we don't have a huge sample size. So I don't want, you know, cement this as you know, a

thesis this soon. But in the pump swap tokens that I've been following it, it has been much more erratic price action than I recall saying when I was tracking tokens like this 6 to 12 months ago in in a similar market set up. And I think the liquidity pull aspect is a is a big part of it. So that that's something to be aware of. But yeah, the pump pump swap numbers, folks, they're killing it. What are the numbers right now? Is there a dune dashboard for it yet?

I saw Alan was just on bank list. Oh, there's a dune? There you go. Found it. They. Still. Are right. 540 million in the last day. Wow, holy shit, that's. 3rd across all dexes so they're only behind pancake swap and unit swap are. You kidding me? And they've already done $2.4 million in fees.

This is live for a week. Even that surprised me because I thought this thing didn't get announced till like Wednesday or Thursday. So it really feels like it's been live, like truly live for less than that. But they're going to continue printing fees over it, over pump swap. It's bullish for the pump token. Dude, but guys like at this stage like this pump token, like the day comes out, it's going to be like a top 20 token. This this is actually insane. How much?

They're making more than radium or. So. Somebody else said, yeah, so they're still not making as much as radium. I guess not. Yet. But we're one day in right man though, like. Yeah, some. Index volume I I don't know the fee structures across the two. I don't know. I don't know. I guess it's on D5. Is it on D5 Llama yet though? Let's see. It's not. But if you look at the numbers, you can just, you can just extrapolate it out. So it was. I did it this morning.

OK wow, that's impressive. Wow, that is actually really impressed. Someone said you guys believe I believe in the pyramid shit. It's my codes that dump did you guys. So 10 billion FTV is top 20 right now, you guys. Don't believe in pyramid story but you believe this volume is real? Good comment so if. You're going to say this volume isn't real then OK, then you just have to carry it out to all this lot of volume, right? It's all fake token volume.

So it's it's still apple. It's apples to apples for for me. And that's actually crazy volume. Is still generating fees for them. What a businessman. What business? Jesus, Alan's going to be a billionaire. And this is in a bear meme market. Yeah, we're not seeing a whole lot of new token runners, is there even? A daily runner right now. Like honestly. There's a redacted coin that that was like the run of the day, didn't go very high. It's the top one.

This. I've never heard of it but Tyler's. In them all, then, Tyler is. In them all, Tyler is. All of them, right? Mando? I swear to God, he's in. Everyone. Everyone, guys. I'm turning like one to two tokens per week right now. OK, well we'll say 2:00 to 5:00 to. I did not turn per. Day at your peak? Like at your peak, Like how many meme coins were you in per day, Tyler? Probably like 5:00 to 10:00.

Not I was. I'm not like an orangy who's sitting at the desk and just trying to get it out, man those. Orangy memes are crazy bro. Just didn't say it anyways. OK, So what else did you want? Bitcoins 88 K again. Let's go. Come on. It's good, man. We're just, it feels just a little bit squeezy, feels like we're going to go to 90. K, my balls are tingling, man, like I added this, I added more risk this morning. I don't know I'm feeling good.

I did I did I did I I'm I'm really cooking the salon on a trade man, though right now. I bought yes last week heavily in the one 20s and I just I just I don't know, it's good, you know, before I move to Portugal, I want to live a good life in Portugal. So I got to like make as much money as possible. You know what I mean? Like, I want a house by the water, you know, They're like. You know, it's third world, I hear exactly.

I want, I want like a horse carriage but made by Rolls Royce. Also like. Vanessa's like putting pressure on me every day for kids and shit. So like babies cost a lot of money. Schools, let's start. Yeah, it's yeah. So I if pubs goes back to a billion dollars like I really like, can we? Just go one show 1 show without pups being mentioned.

No, I need Arthur Hayson. Yeah we had Arthur Hayson on some pump and pups a billion we didn't sell like yeah, are you good thing that I. That I has become a number one for Tyler is just the is the Bitcoin versus punks. That is the best brother. There's not a day that goes by without that that coming up in Tyler's tweets. I love this spread. It's like the Melania Trump spread from Ovie. You know, punk spots moving. Oh, oh, oh. Catching up?

With Bitcoin. Hey, parks are moving big man though there was a mega sweep yesterday. But Tyler, what else is new? Well, quick. Well on this macro, I want, I just think of the Myriad line. Let's talk about. I want to pump my Myriad bet. Which line do you have? New lines. Well, I want to talk about the Bitcoin price over 89 K on Friday. So if you think we're we're looking for you think we're going to well that.

Is a good line grinding. Up this week you can get over 100% on your money for a 1% move. Mando, you got to take that line. Will Bitcoin price be above $89,000? March 28th, 2025 at 11:59 PM UTC. That's a difficult. One because I think we touched 990K and then I think it probably heads lower so this. Is why we took that line. So when we were picking that line, I was like, because I remember on the show Monday you're like, yeah, 90K is the line. So we're picking like do we pick 89 or 90K?

So we picked 89 to like, really like, you know, Yeah, so. But let's talk, let's put it out. So in that scenario, if Bitcoin goes to 90K, let's say it happens tomorrow, Thursday, I think the line flips to 70%. So you would still capture a 70% move on your yes bet and you could sell there. If you think it's going to get rejected, you have to, right? So it's, it would be an active position. But that that's also one of the beauties of these types of markets is you don't have to

hold through resolution. Yeah. Anyways, I'm on the yes side disclosure. Yeah. I mean, yeah, I would take March 20th is what day. Friday, So Friday, 5:00 PM Eastern, 7:00 PM Eastern. Whatever day they close those, yeah. I would take the yes side here as well. I think by Friday close will be yeah, we'll be above 989 K 90 Ki, don't know, 89 K yes. Keep in mind 89,100 is dubbed right? So I don't I don't really know. I would definitely take I would

definitely take the yes. I'd love to see the market rallying. Let's go, let's go even far coins rallying again. That's crazy, I thought. During the show. I thought it would like I thought we'd go back down to like 404 fifty area so we could like finally buy some more, but like no, just right back to nearly 600. Anyways, the code today robit dot X sorry, raffle ball dot XYZ, raffle ball dot XYZ the code is poker P OK, ER in order of tomorrow's poker game.

I'll talk about it a little later, but P OK ER poker is the code raffle ball dot XYZ. Make sure you share the show and make sure that you get on raffle ball dot XYZ if you want to have a chance to win a pudgy Penguin and or a crypto punk. So would love to see that hit for sure. Anyways, Tyler, what else is new? There was a lot to cover. I have punk got swept to 42.

They're feeling hot. They are. 86.6 K so there's still a couple percent and a half below the the Bitcoin they're on the spread so but if I had to bet on one asset here over the next two months, I like the punk side to to outperform I actually. Agree with you, NFTS feel good. Let's talk about NFTS a little bit guys. NFTS do feel good like I saw yesterday, like on the on the news that all we put out on the red drink, the new flavor coming out Red guy also cut caught a bid aspect.

NF TS have been doing good as well. Pongs have been a good signal of the market as well. Very often there was a big sweep yesterday. I think it's one bought wallet bought a bunch of them and and a lot of it just and usually that moves first. Penguins are doing good on the back of the Penguin TF news as well. So it's been it's been kind of good to see them pick up some steam on that front. I got a Mando like this Naka like the Nakamoto forever.

I can't offer to OTC buys like almost every week. Yesterday I got offered 50 ETH for it said no, not interested in 50 ETH. But I don't know man it's it's it's heating up guys. What do we think here? When are we going to get this NFT season? It just feels like people are, I mean, we can't go if we are going to have months of chalk, we can't go months of people not gambling, right? Like they're going to go after

stuff. So and I think meme coins, you know, I still, I still think they're they're in some time of healing, let's say a. Meme. A meme like Puiz or or routine like these are memes that I think could go a lot higher in in a different market, right? And people might return to a bit of a bit of NFTS.

That's just just my gut here. So I think crypto, but I agree with you that title, I think, I think in the age-old question of Bitcoin price versus crypto punk, crypto punk probably outperforms decently I think, I think. You should get men. You kind of have a front beer like that. Yeah, and he's. Like pale, you kind of look like this guy. If you put a blue bandana, that could be you. You have a goatee, you know. Yeah, maybe I'll get punk. You should. Get yourself an ass eater, punk

ass. Punk just feels like the right thing for you. I met Tyler. What do you think of the spread? I I always vote for the punk over one Bitcoin. I just think the punk over time I'll perform one Bitcoin, but they're always going to be very close somewhat, you know what I mean? So I think the the recent high they got to like 1. So let's see, is it 1:30? 5. K back on December 2nd. Wait. A little, a little. Higher than that, what?

It's over 150, so they're at like they got to like 1.41.5, but I think they could get back there. I think what's driving a part of the catalyst here is this cheap ETH. I think people were waiting to make sure ETH wasn't just going to go to 0, yeah. That's true. Stabilizing 18119 hundred you got Kobe by it's like OK, maybe there's a floor on ETH now these NFTS are cheap in well with cheap E these NFTS are cheaper in USDC terms. So I think we're seeing a little

bit of a correction there. But like for for perspective, the punk floor was higher when I bought mine a month ago than it is right now. So it's a. Was it though? February 23rd the floor was 95K. Oh, you're spending dollars? It wasn't an ETH, I'm sorry. An ETH, it was not anything. The ETH floor was like 37 1/2. So we're up 1520% in ETH terms. I don't think that's how people look at it. Yeah, I. Mean it's one way to look at it I guess, but I just. Want Mantle? Funny by a punk?

I've been asking for four years now. And it's been a great trade not to. You know what's funny? You're right. You're actually right. It's been a good trait for you not to buy one. I just did something about this guy. I just go back to him every day. He is so trailer park trash. I just, I've almost bought this punk like 4 times already. I do.

You're going. To buy it I. Like him, man, I just, you think of you know, he's such a punk, you know, like you think of a punk like he's just punk and he's trailer park trash proper punk. I like, I like him a lot. I even like him, you know, like I just, they're so ugly, you know, I like him a lot. I don't. Like ugly ones. I really. Always wanted a pigtail punk, but it's a little slightly above what I'd be comfortable paying. But you know, there's a lot of good stuff here and 100 grand.

It's a lot of money, man. It's a lot of money. That's like a mansion in Portugal, you know, so. With the private driver. It's a with a private driver. It's a Rolls Royce force carriage progress. Sent you the NFC price Go go pull that up and then zoom out on this punk chart. So punks are basically even since May 2022. We're talking about three years, the sideways consolidation. Whoa, wait. Why? Is your. I put all you're in for six months go. Go no. Go to all.

Why is yours? Look, yours looks different than mine. Oh, I'm in US. You're in curtail. Open. In the USD terms, where is. It scroll. Up a little bit. OK, I'm up USDI see it, Yeah. All right, so in USDC three years straight sideways. Whoa, that's actually insane. Yeah, Mendo doesn't have a point. Yeah, this is true. But there's two. In the floor, right, Like they haven't really significantly dropped below this price for more than like there was a tiny stretch.

Yeah, yeah. I'll never forget the day it went to $800 in punks with 48K and they got that giga swept. I'll never forget that day. That was insane in punks chat last bear market. But that was fun. That was one of my signals actually to like slowly start buying each again Last bear. So that was that was a good one. Yeah, I didn't look. I don't know where punk go this cycle, but to me it's a long term hold. I mean I only have my one. It's kind of become my identity.

So we are selling it. So I don't I don't see myself getting rid at all of it at all here. That's why I can't want a second one, guys, because it's like, yeah, you. Need a second one? There's going. To be a day where I kind of want to sell a punk and I can't sell the for real punk, you know what I mean? It's like that's a no, no, no. That one's going to go to the kids, you know? So maybe maybe even the museum in Portugal. Is there a nice museums in Portugal?

I got, I've been doing it to a museum in in this ball, you know, so I can just go look at it there. That would be nice. That would be really nice. I can't wait. Anyways, is there anything else, Tyler? Yeah. Tempered Wizards Oh, on today I think it's I think the controversy over the net price has somewhat gone down. 0.2 Bitcoin certainly not cheap but $17,000 to to mint this thing. That's a lot of money. I think the buy ages well. I think so too. I would.

Bet significant amounts that there will be at least a window of time where they trade higher than 0.2 Bitcoin. So I think they're good men. I don't have a read on I, I, I do feel like there's going to be a lot of cell pressure early. I'm hearing these stories, They're talking about it on the Nifty show. People like taking out loans, pooling capital to buy these. That's a problem that that that means we'll have to sell very quickly.

Yeah, I, yeah. I mean, NFTS is usually that thing that runs like endocycle, right? So like I could see the type of wizard as being a 2 1/2 X easy like Q4. So because I have a friend that wanted to go, got a whitelist and he was asking me if you should mint it and I said yeah. And if you're not going to mint, I'll probably buy your mint from you because I do think they age well. I don't have a whitelist but should ask Woody what the fuck, That's too late.

Forgot I invited him on the show Friday. But I forgot to ask for whitelist that was. A miss, but a miss. If. The other ordinals, the other big three, if they don't catch a a pump on the back of this, I think you have to ask yourself like, what is the catalyst? Like this is, this is going to be the biggest capital inflow into the Bitcoin NFT ecosystem in a year. Yeah, they've been slowly catching a bit, but they're still very low, like puppets and

nodes are point O 4-5 years. Point O 4 they're at. They're at yearly lows. Man, that was that was that was one hell of a round trip are. We doing my puppets? Yeah. Cool. Yeah. Let me let me come back to this. We're not. Talking about we're not talking about pups. We're not puppets. You like the puppets man, though. Remember you used to want to sweep the puppets floor on the show. Yeah. I mean, I should have when it, when I when I at that moment

that was a 10X, yeah. I'm still 4X for my buys at this floor price, so I'm OK, but it's just like I was up fucked on like it was like it was a nice trade at the point of the time. Bongo, are you minting your wizard? Did you get your did you get your list? Did you get it done? Did you get punched in the stomach enough? Yeah, that I got my why list. Imagine. Thinking .2 VTC is a lot of money I. Love this guy.

What's your, what's your outlook from a trader's perspective, Bongo on the, on the Wizards. I think like .5 Bitcoin by Q3 is probably doable. And I, I don't have a bias because I don't have one. I have my quantum cat and those got decimated because of the Wizards. But what do you think? What's your, What's your, What's your target here, Bongo? I think .38, it's a decent floor when they come out point 4.5 depending on the volume.

I'm sure there's going to be market makers participating on this collection when it comes out, but it's going to be on. Friday, by the way, you mean to date and you get it on Friday or Monday or Monday, OK, yeah, depending on how fast the blockchain is, right? So you may even get in two weeks. So anyways, yeah, someone's saying 8 1/2 minutes price. It's tough to compare to East because E is down really bad versus Bitcoin, right? So it's I would, I would really put in like dollar terms.

So it's like a $17,000 mint 2000 of them. So we'll see how they do. I mean, I'm a fan of Booty. I like Booty, I like the Wizards, I like to support them. I think that they're also doing cool stuff on Bitcoin like people should look into Opcat and that how they're trying to actually scale the Bitcoin blockchain. So I think that's the most impressive part of them also. That's about it. I guess last thing I can talk about the poker thing tomorrow and then we can go move on to

the to the to the spin, right? Unless, Tyler, you had somebody, something else to touch on Mint's. Fight token today, I think that's going to be an interesting test for this market to see where that comes out. I honestly don't really have a read I. Had this mint fight TG. Yeah, I guess. My gut, if I say target, I think probably somewhere 300 to 500 million FTV with the market cap probably the. Recent TGS are cooking, yeah, the recent TG's are cooking very

hard. So we'll see where that is. So some news on the, on the Marriott side, it's tomorrow. We're running back the poker tournament, which is going to be fucking banger the diamond hands trying to play Sopo and, and and abstracts. So it's Wizard of Soul KBM. I can't wait to start KBM because there's a, there's a farouq versus KBM market, man, Did you see that? Oh, really? Yeah, yeah, yeah.

There's a, there's a Farouq versus KBM market on Marriott and it's, let me, let me share my screen. He's going to be on Wreck Radio playing and then the second hour he's going to be chirping with me. It's a session 2 for Rogue versus KBM. Who profits most. And right now 55% of the people seem to think that KBM will profit most. They must have not seen, they must have not seen my my poker game last time. The code is poker. They must have not seen my poker professional.

Poker player, right? Brother, I literally fuck, I mean last time I cooked everyone so I don't want to talk shit and I'm like last time I came, you know, I I, I, I. I don't know. I would assume that he's going to win. I don't know because any game can, anyone can win any game. But I would say that he's like, that seemed very tight for KBM was like one book of tournament 5545, brother. Me. Are you picking KBM sound? Bad if that's are you. Are you picking KBM over me? Yes, at this you're.

Picking KBM over me and who profits the most A. 100%. OK, save that clip. This is poker. Right. This is just poker. No, no, no. No, no, save that clip. No, it's not poker. It's personal now. So save that clip. Save that clip in turn. And I want you to bring the clip back after I cook KBM tomorrow and I come on the show the day after. OK, I want to talk about this. Tyler, which horse are you backing? I shoved all in on Froak. That's my boy, that Mando that that hurts.

I've. Been a loyal host to Mando 4 years now and there you go. Tyler has more more belief in me than than the Mando does. It's not poker, it's personal now. Yeah, exactly. It's not poker, it's personal now. So we have that one. Anyways, the other players, you know who's in there? Jing Tao. And Jing Tao just won a tournament at the Wind. You guys see that? He made like a quarter, $1,000,000 last week. So there's a KBM wizard looking at me on some Jordan Tyler Hancock.

So we have actual professional poker players. Eric Grimace and and Jing Tao we're going to be on. I'm actually mostly scared of Jing Tao because that guy just cooked the poker tournament at the win and he's actually really good at poker. But you know what I'm I'm going to show you last time everybody bets against me and I won. So we have this market. It's on myriad the market markets, poker, the myriad the markets. Check it out. A lot of fun markets we have.

Will the last flop of the game be red or black? Will anyone win a hand with the seven deuce over under 3 1/2 players to go bust throughout the whole game? Will the first all in win the hand looking at Mr. Wizard of Soho profits the most just some more fun markets. I think they'll meet a few more markets as well. But make sure you pick Farouq over KBM here. You know it's important that that you do so anyways.

Yeah, it is abstract. It's going to be really cool Yeah, streaming on there and and and soap boys on there. So it's it's it's it's a lot of fun. And then I think we just launched a bunch of new quests as well, so check it out all right.

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