Yo-yo, what up? What up? Good morning. Morning. GMG. Yeah, Wednesday, Wednesday, April 24th, 4/4/2024. Wait, wait, Today's date is like, cool, Hold on. It's like 424. Yeah, it's 42424444. There you go, Matt. It is fucking snowstorming right now. I can't. I'm sorry. One second. I I cannot because, as you all know, I mean, I I have a big ass window here while you're on the homie snow. It would dox if I turn it around. So I'm not going to dox where I
live, but I am just overseeing. Like I went to work out at 9:00 in the morning. It was black inside the gym. There was no like son. No. Brother, brother, I I was going to send you a video actually it was black. I had to turn all the lights on at Max inside the gym it was black. It's like night time and now I'm I'm it was raining which is fine. It's April and now and it's like big ass I'm on the 9th floor. It's big ass snowflakes. It's bro. Come on, man, I can't catch a
break. April, man, late April. It's raining where you live in late April. You got to move. This is like, this is what you're giving me. It's like Life Alpha. Like that's like Life Alpha. I had a mentor one say like the second you make any remote amount of money, like you get the fuck out of a cold place. Like why would you want to put yourself like? I told them one day, it was like net at 45° like you. What are you fucking doing? Like what are you doing? Where would you live?
It up places more -45° if you have any sort of money. So. So there's there's alpha in there. Study, study, study. Mental health correlated to weather of where you live. I think there there's a direct correlation, right? Surely I'm no doctor, but sure. I mean Amanda was like smiling every day, even when he's not happy. Smiling motherfuckers lives in Portugal, you know and you see OV he smiles only the days where it's sunny in London.
So that's like 15 days a year, but at least those 15 days, you know? Look at him, look at him. He's sunny in London, isn't it? It we had like an hour of sun today, so yeah, So yes, that's enough. That's enough. That's enough for London for the week bruv. Like see you on Monday anyways 42444444 with Justin Trudeau throwing 4 signs at me this morning but anyways. And the market. What's going on? Why are we going to 0 anyways? We should talk about this in a second.
Today on the show. Today, today, Daily Market report. Dude, like, what's going on with like, Turbo Racing to 0 right now? I mean, America, the burgers. It's. You know what? It's because Sims yesterday said something in the studio after the show. He said the burgers are finally in line. Sims, you jinxed us. You jinxed us. America is still selling. America is definitely still selling. Amanda Sue is picking up. It's so funny. Bro.
Babe, are you looking outside? Jesus, dude, I got to send you guys a video. This is this is insane. I mean record. Oh, I can't take a video of my phones on the show anyway. Sales show, daily market report, and we'll talk about. I mean, when Sims did the show's topics, it was 66 and a half, 64 now, top 100 gainers. Losters. I saw some H bar news or whatnot. I didn't even know anyone. Does anyone news header is Dara. For some reason they're everywhere. They were all over Davos.
They were all over on the Black Rock news, etcetera. I remember there was a whole Dara house in Davos on that way, Mando. They had a huge partnership with some big blockchain. I forgot which one. ETFC. Third day of inflows. I'm not sure about that anymore. Meme coins. I mean memes. Memes, Memes again. Yeah, meme coins. Just going crazy. Had that res thing. That was insane. REZ. We'll talk about that. Maybe they should have hired someone to do work on those
tokenomics. You had some crazy you have CZ sentence. Prosecutors wanted him three years in jail. You have Duke one. You know more than that obviously. You know 4-5 and a half billion dollar fine. And then you had the whole Polymarkets intern stuff, Yes, on the on the channel, on the timeline, which was hilarious. That was great. So all its beam and dreams, I'm sure we'll talk about retardio because that was tied to that.
And then hot NFTS, big squiggles, big big big squiggle sweet and a bunch of stuff on that front to talk about as usual. As usual, this show is powered by fair side network wallet coverage for drain scams and more. And film dot IO, the world's most powerful, the centralized media ecosystem. And guess what? The film dot IO people aren't coming on the show today, so cannot wait to finally chat with them about what they're building and what they're doing.
You guys have heard that name a lot at this stage. If you listen to the show daily and as usual, we are live on both video and audio. I'll be sharing the broadcasting and a hot second here. And without further ado, let's get right into it. Daily Market Report brought to you by Rogue Radio. What's the word? Yeah, traditional. Markets are pretty strong actually. We had a really good day
yesterday. I think stocks were up about 2% and we've had a we had a decent ish start today and NASDAQ is up 0.60 point 7%. So things are definitely bouncing a bit in Tradfi markets. Crypto was strong. I don't know what's happened here, like I trying to read around to see what's happened in the last few minutes or so, but you know, we'd hit, we'd hit like 66 point 5K in Bitcoin. But really the big move was in
altcoins. Bitcoin dominance dropped from about 55.6% all the way down to 54.5%. So it was a big move lower in Bitcoin dominance to the tune of almost one percentage point over just 24 hours. And Heath was up, Soul was up, memes were up a lot like Pepe, and we're both up about 2030%. You know, I think part of that is because of this Coinbase perps listing, we we saw Pepe rally on that yesterday and Whiff is supposed to be listed
on that tomorrow. So we did see a good run on those, and the memes set to kind of felt buoyant again alongside altcoins. But yeah, in the last five. Or 5 minutes, yeah. Yeah, bitcoins dropped from, you know, it's 64.9 K now. Like, I don't know. I don't know what's going on. Just like leverage hunting, I think like liquidations. Are really? Yeah, like they were very tight around this level.
If you've been looking at the last few days around this 66K level, the liquidations have been really tight. So I don't think there's anything macro or even specific to crypto that's happened. I think this is just, this is just people trying to liquidate these really tight liquidations. There were quite a lot clustered around 65 K and quite a lot clustered around 67 K and I think I would be very unsurprised if we even hit 67 K like, you know, just to hit both
sides like it doesn't. Not much has been happening actually, in terms of like news for crypto at least. Yeah, I don't know what's going on. I thought you guys talked about the leverage tightness yesterday on the show, but maybe it's just a regular shakeout, right? So probably a lot of these in the bull market and we'll see what happens there. But I don't know. I don't know. Ethan's 3190. I mean, it's 32, Swan's 153. Bitcoin's 65K. Lads, it's over. Pack it up.
You know, I'll see you next. Next round, I guess. Next cycle. I hate to figure out my lights. My lights are not working either here anymore. Jesus Christ. Nothing's right. It's it's like it's like snowing here. I sent you guys a video by the way if you guys want to look what I'm looking at. But it's it's pretty, it's it's pretty grim out there. Mando, what are you seeing, what are you seeing on on the market level? You were saying it's just like maybe a little shake out.
Are we still bullish or or or are we are we selling in May and going away because May's around the corner, May's here? I'm super bullish right now, super super bullish. I think you'd be mad to not be bullish with this sort of beautiful retest and low leverage like just everything set up for I think a very, very strong period. You had inflows again on the ETF yesterday. Yeah, I'm, I'm super, super bullish you. This doesn't even feel like that that crazy a move to me.
So yeah, I I I wouldn't get shaken out by this. At least I haven't seen anything specific to crypto. This feels to me like they're picking up levered longs and then they'll probably do the same tomorrow on On The Shorts. I'm looking all around and seems like seems like there's nothing, you know, nothing, nothing just as good as business as usual. We did have a huge run on Memes OV. I saw you write quite the thesis this morning.
I say, so you start off like Giga Bullish and then it turned out into a bear thesis and then you have to say yo, they didn't mean to go bear, OK. But but do you want you want me to elaborate on that because it was actually it, it's actually
quite a good thesis. I was talking to Wiz I think this morning about pep and whiff and I was like, well, if I had to make two comfy beds when it comes to meme coins, I'd probably pick those two because it's just like if I had to like pick two memes, go with size and see you in like December, that's what I would do. When in terms of two, like in terms of comfort, it seems like those are the two that you're talking about saying they could rival ship indulge.
You have the perps that opened up. You mentioned that this morning is doing pretty well. Do you want to elaborate on like that thesis of what you think could happen here? I just think memes this cycle are what NFTS were our last cycle and I just think that's the casino that's where everyone wants to gamble on. There's way less friction gambling on memes than the where NFTS and you know we've we saw a little bit of a an alt bounce
yesterday, right. And the things that were up the most were meme coins and that's now happened multiple times and it's not like it's not like 2023 where we had the Pepe run and a bit for mean run and then everything and everything I was back and everything died. I think the meme cycles and seasons or whatever you want to call them a persistent in this
cycle. So I think you know with I think Coinbase listing Pepe and with in terms of futures hopefully is a foray into them being listed on spot which we know opens up to a whole new retail consumer base or investigate the web for them. And if you remember last year or last year, last cycle I think it was ship. Ship got listed on Coinbase and then it did like a 10X from a 3 billion market cap to like a four 40 billion market cap after
the Coinbase listing. So that's the kind of stuff that we're like looking for and hoping for this cycle. So yeah like you know a a Coinbase spot listing for Pepe and with I think would be massive and something like that would just lift the entire mean market. I I really think it would. I think you'd just see a situation where there'd be tons of memes, all these memes that are now like 200 to 400 million market cap. I think they could all be like a billion plus.
And I think just any me, any half decent meme that comes to the market would could easily trade like 1500 million without like much effort. And that's probably the point when things start to get a bit frothy and you know when people when there are like loads of multi millionaires on WIFF for example and none of them have taken any money out yet.
And maybe with set like A50 million, $50 billion market cap and everyone was like oh I'm holding out for 60, I'm holding out for 70 or I'm holding out for 100. Like inevitably one of those milestones never actually hits and it starts going lower and people hold on and they're and they're stubborn and then they buy the dip and then it goes even lower and they're like they still hold on. And then eventually there's one time where it just doesn't bounce back and it just keeps going lower.
And like, yeah, for now like the strategy of holding and not selling and buying these dips have has been working well and I think it will continue to work well. But at some point the music stops and it's just about trying to identify when that point is. And believe it or not, only a minority of people will actually be able to successfully sell and identify that point. Most people will just still be like perma bullish and just round trip.
And so I think, you know, it's the same thing that happened really on NFTS really in 2021 and to be honest with you on probably shit coins the cycle before and it just always does happen. Like, I think people will make a ton of like paper money and be worth a ton on paper unrealized gains. Not sell, not sell anything. When it starts going lower, just be like, all right, it's always paid to huddle. I'm just going to keep huddling.
But there's going to be that time when it just turns and it keeps going lower and lower and lower and then you end up round tripping and you. Know. Wherever you get out is wherever you get out, whether it's a small gain or a yeah, like everyone's been there too. Like even, I mean even we even though I've been there and even though we like made some money like on apes or whatever and
selling them stuff. But there's a ton of stuff that I just bag held all the way through 2022 when I should have just sold them. And you know, not only sold them in 2021, even sold them when they were down another 50% in 2022. Like people just find it in your head, you're like, oh it's down 50%, like why would I sell here?
It's going to go back up. But I think we're far away from this point in time and it's usually like first cyclists that make this mistake, which will comprise a lot of the people who are in these new moon coins. I think, I I do think that, but I think we're not that close to that point. I think we're still far away from there. I guess I was just trying to think out. I was just trying to play out in my head like what happens next, what happens next. And then I kind of got too far
down the line. No, that. I mean, you cannot. You gave the whole cycle like it's not they turned bearish. It's like there's going to be a cycle. I hate saying there's going to be another bear. No, no. Perma bear. A perma pool. Sorry. Shit. Uh, oh, uh, oh, Perma pool. Oh, we get out of my head. I'm just. I'm just playing. But we still have time because Capo is not tweeting anymore. So. So we'll see. Let me just post this up. OK? Sorry. My Internet went off for a
second or something. I must have kicked something. But we're still back. We're still back. Look, it looks like we had a little bounce a bitcoins back up above 65 K on the news that OB was talking about meme coins and all that good stuff. And that's right. Listen, man, I'm actually cursed on your thoughts. Another convo I was having this morning in the chat is the urge. You see a case where Bitcoin Turbo Sense and the rest never catches on or does not catch on the same way that the the
Bitcoin does. Yeah, of course. That's what's been happening. Like, isn't that not? Yeah, that's the case right now. But what do you think 'cause we we always seems to say, oh look like ETH is still far from the Ath, so long is still far from the H Well, someone has broken it technically in terms of like market gap, like Bah Bah, like all these coins are still not recovered but like. I think it's difficult to pick ethol and BTC because I think
they will have. Adoption, well, the rest of the market. People are actually using them. So like, it's always different. But like the the reason why this is different to the last cycle is this Bitcoin LED. Like there's nowhere near as many people here as there were in the previous cycles, right? We all know it, we all feel it. There's just not as many people. It's not got like all your friends getting involved yet by any by any means.
This is basically been Bitcoin going up and then the the funds from that have been divested into different things and mean points of because of I think Tokenomics and also just the degeneracy of all people have like gone to them. But largely the old coin market's been left behind in this fucking thing like why would you, Why would you get involved? So yeah, I think, I think that's exactly what's happened. Bitcoin, as I said, yesterday's outperformed pretty much everything.
I think that could easily continue. If you're going to buy an altcoin that isn't Bitcoin, you better hope that it gets adoption very, very quickly. Or it's like a genuine 10X. Not like like Ovi took the piss out of somebody yesterday on the timeline being like when the bull market comes, we are in a Raging Bull market, Raging Bull. If your bags are not pumping, that's because it's not part of that Bitcoin waterfall. True, and probably won't be by
the end of this cycle. So like, Bitcoin is seeing massive inflows. I think Bitcoin could go to 150K200K this cycle, probably even higher. That being said, like, I think a lot of altcoins will be left behind, A lot of sectors will be left behind. Unfortunately, part of that is also NFTS that just haven't really cottoned on this cycle. And yeah like a lot of altcoins a lot of like different narratives are just like and the easiest thing that people have found just because of the
tokenomics has been meme. So the meme coin super cycle is also related to the Bitcoin super cycle. We said yesterday that Bitcoin is the original meme like that is that is kind of it's all related to it's all like one big waterfall so to speak. But I think, I think a lot of people are going to be disappointed if you're if you're sitting there waiting for the bull market. For your coins right now, that makes sense. I mean if your coin's not pumping on these new like today,
it's always a good time. I saw you know what I saw I see I I quite like following him as the crypto dog this like big trailer on timeline. You probably, you guys probably know of him. I think he's based in Hong Kong actually. But he said with both and mew pumping, I guess I've gone full meme coin. At a certain point you just give in.
And I love that. It seems like it's either people are like majors, like BC Soul, whatever, or people are like fully, like move their alts positions and meme coins. And we've been saying this for a minute, like how we're seeing the switch of like alts to like meme coin positions. And I feel like, I mean, I don't know about you guys, but I don't. Do I hold any alts? I don't think I own a single alt. Do you guys have any alt positions? I mean, you were big on Pendle man, though.
He cooked that. Yeah, I it takes me a lot like Pendle. I genuinely thought was the 10X. Oh, you. Destroyed me. That was beautiful, but. But I think it's very, very difficult to pick to picture that for a lot at the moment and I think, I think. I. Think you'd be surprised at how many people are in like, altcoins? Like, yeah, people are throwing in the towel, but like, there is still big old coin bags, right?
I wish there was a chart or someone, if you're listening, that has made it. Wouldn't be surprised that has a rotation from Alt coin like the altcoin market. You know the -3. What is it called the crypto 3 that they the total three right? Total three right chart versus like the top new coin charts or like a flow I saw. Remember there's a website shows the flow from like arbitrary to base. So long I mean it would be it
would be a ridiculous chart. I think you there is one which shows different sectors and the mean coin sector is up easily the most so far this year. But yeah, total 3 which is like the. Total three, yeah. If it was total 3X memes. Oh my God. Like that's. I'd love to see a total three XX memes a thing here because I mean when I look at the market this morning, it was all like Pepe Whiff, Mog Boden Popcat. I mean we talked about it yesterday.
Popcat went fucking berserk like there's there's there's obviously MU. Then you have all these like Asia Cat coins that came out of nowhere like manekee. We didn't even have it. We talked about yesterday hit $150 million this morning. So it's it's it's it's really a it's really a a meme heavy market here and that's that that's just how it is. So I didn't pump in my bags, just literally a fact of the matter here and what's going on.
So that's what I'm seeing on that front and then and then that's buzz that. But anyways, I think that's enough for meme coins. And of course, quack then. As long as you Mando. I didn't know you opened the duck shop in Montreal, by the way. I was walking yesterday. Was 18. People have been showing me like there's so much in real life duck stuff, that we don't even know. What's it called your brain when, like when you see something, you start seeing it a lot?
You know that. There's one in London, there's a, there's one in Amsterdam, there's. I'm pretty sure there's like a load load of them around so they're everywhere. And then yesterday also someone posted me that. That like in Charles Charleston. Yeah. Yeah, Where the beeple thing is, there's going to be some sort of like duck race. Like there are regular duck races, which again like wasn't aware of, but but now I am. Now I see ducks everywhere now.
Yesterday I was walking around the old port Of Montreal. I saw that store, but also it was like the 20°C. It's I think it's like a snowstorm. I have a plane to catch later. Jesus fucking Christ. Sorry. Anyways, I saw a duck. Poor duck was waiting for the water in the fountain that usually ducks had in the old port Of Montreal. He was just there on his own quacking chilling. So I I see them everywhere. Now. I see them. I see them everywhere.
Anyways, UPS next. I mean Ovi want to talk about this. Yesterday you say everybody used to get punched in the face one time. Did you mean like hypothetically in the market or like punched in the face? There was not a market comment, it was more just a comment about life really. Do you? So would you punch me in the face? I said. Because I answered, I said. All right. Want to punch me in the face next time we see each other? You fucking punch. It can't.
It can't be me. It just has to be like, can't. I mean, I guess it could be someone you know, but the whole point is it should be, it should be a surprise, but doesn't have to be a surprise. Like, even when you get punched in the face and it's not a surprise, like if you're just sat in, you're just standing there like punch me in the face and someone punches you really hard, you're still going to like, feel that. Right.
I don't know, man. I can tell you the few times that I've gotten liquidated definitely felt like a punch in the face. But I know what you mean. I know what you mean. It's not a physical literal punch your face. Anyways, in other news, what? So just follow this Rez Tokenomics Renzo the tokenomics
FUD. Which is obviously like, I get it, sorry to get it. And then you had like a DPEG gang, so it says, oh whoa, this is pretty bad form from Renzo Protocol. First, a large portion of the tokens are going to investors and teams. Second, looks like they're trying to skew how bad it looks with the design of the pie chart. Notice the bottom half is 62%, whereas the two 2 1/2 percent appear to be about 25%. I mean, who which designer made
this pie chart? Like like the 2 1/2 percent on the right side right here are lay the same size as a 20%. Like, if you guys like, can one of you two like shed more light on this Renzo protocol thing? This is hilarious. Yeah, so this is, this is just another liquid staking protocol which, you know, it's like a there's a bunch of them now launching. It had quite a decent amount of TBL, I think something like two or three billion of TBL. So and it was going to launch on Binance.
And this is just like classic bull market tokenomics, right? Like you can get away with this sort of shit in the bull market. You can't really go right in the bear market. People got pissed when this came out because they realized they weren't going to get as much and they basically withdrew and sold their staked Renzo ETH and that caused the DE pegging versus
normal ETH. That wouldn't normally be an issue but you tend to find that in order to like farm points a lot of people deposit the staked, the staked assets in different protocols and they borrow against it like real ETH and when it de pegs which it did by about 50%, they can get liquidated. Oh a bunch of liquidations happened across across D5 yesterday.
This is what people have said is like the one of the main risks of of restaking and staking protocols is that this when these assets depeg from the asset that they are meant to follow, often it causes massive defy liquidations. Like if Lido ETH for example, which is easily like the biggest staking protocol. Or if Eigen layer.
Like if those assets were to start de de pegging at any stage, then the assets themselves are often in like tons and tons of different DEFY protocols and that that then could cause massive liquidations across the board. Like we've seen this a few times before, like this has happened before. I think Lido even depegged for a short short amount of time in the past. So yeah, people got pissed. Jesus Christ.
This happened on didn't happen on Solana, it happened on Solana. Do you remember like a while back one of the projects? What's like the main? I think it was Jeeto or one of one of the main assets depegged and a bunch of people who are doing this loop where they were getting farming points on the various protocols. Do you remember OSF? I think you had some like deposited in the actual thing that was being looped and then everyone got everyone got liquidated.
Anyway, this is super common. This is. Super common that people basically loop these assets to make more points on different protocols. And this is the risk that there's no, there's often very little liquidity for the staked asset. So Lido, despite Lido Eve being a huge market cap like it's traded very, very little. So there's and there's very little liquidity and that's the case for a lot of these stakes stake assets like the LP's are not that big.
So you can get these huge huge jumps. So yeah, that's that's actually really freaking wild. So, I mean, sucks where people lost money in there, but it's, it's comments so funny. But it's it's definitely not a great situation to be in. Maybe if we're planning on working on Tokenomics, haven't checked multiple times. And maybe I feel like a lot of the recent points programs were like, like, is it me? Or like everybody's lying about their points programs to the communities and stuff.
Like everybody keeps saying like how much community's going to get and whatnot or making it seem like making people farm for like, absurd promises. But the last few, like it's not the first time, the cycle that I see people like completely like just disappointed about the outcome of their farming is that. Yeah, I think it's it's a crypto thing. I don't think it's going away, let's be honest. Like points as a system allow you to kind of do a token without doing it.
But yeah, like people have now tried to reduce their points times like they were months. Remember, the original Blur ones were like months at a time. They've still managed to keep hold of doing it with Blast for for a few months obviously, but most others are are reducing the time and people are getting disappointed with it. But. OK, well there's that. In other news, CZ4 Speaking of 444 or 424. Four U.S. Department of Justice seeks 3 year jail sentence for former
CEOCZ. Citing Champeg Zhao's willful violation of U.S. law, the TLJ recommended a harsher than expected for the former Binance CEO. What do you guys think they're really going to send him to jail for three years on top of fining him $5 billion? He has thinks there's a world where he spends three years in jail. I think that's what they want. That's what they want. Normally you come somewhere between what they want and what the defense wants.
I think I've heard originally it was going to be like 18 months. Yeah, he. Was in jail. He's going to jail. It's just about how long it might be three years, in which case he probably spends, you know, 18 months in jail and gets out. Let's see. But like, I would be super unsurprised if he goes to jail for like one to two years here. Yeah, I mean. He's definitely going to jail. Well, no. In six days 4 Free CZI. Don't you guys like CZ. I fuck with CZ and shit.
You guys, he was a He died for our for our cause. He didn't. He didn't actually die, but. Yeah, I know what you mean. He took one. He would, he would, he would take a bullet for the company, for the, for the, for the, for the thing. I mean, shit, $5 billion and three years in prison. That's that's crazy. According to sentencing memo filed Tuesday, lawyers for Department of Justice recommend that the court impose an above guideline sentence of 36 months
of imprisonment settings. That was willful, a violation of U.S. law. Stephen Graves, right to crypt, the former Biden CEO, had gambled that he would not get caught and that if he did, the consequences would not be as a serious crime, the DO JS lawyer argued, and that Biden's Wild West strategy of failing to comply with the US anti money laundering requirements had made Zao one of the richest people in the world in a celebrity in the crypto industry.
I guess we'll see. I mean, that's what you're saying, that the 18 months was the first original recommendation Mando. So it looks like they're like going above to try and get him in there for for for, for tourists. In other news, this is one that's worth. What do you think? That the US aren't going to jump at the chance to put a Chinese national accused of money laundering for billions of dollars in crypto in jail for as long as they fucking can. That's. Their Olympics?
No, that's their Olympics. Yeah, they are chomping it a bit. That is their Olympics. The the DOJ's Olympics is to put Sao as much. I mean you put it in perfectly. Chinese national crypto in the US anti monitoring laundering thing blah blah blah there. This is literally their, their, their, their. Anyways, in other news, SEC suggests $5.3 billion fine for Duquan. I mean I don't even think Duquan's got 5 1/2 billion dollars left. What do you guys think? Shit.
If anything, this guy should be in fucking jail in the USA for for 30 years, you know what I mean? Yeah, so it's it's against him and Terraform Labs of. Course. So it's building work going on outside. Yeah. They have a lot of money, man. They they, they milk thing. Oh yeah they did. Well, don't don't you worry about them. So, yeah, I think we'll see. I don't really know like he he, he, he is he getting extradited
or not? Like I remember he's in Montenegro now, but he's, I think they he avoided being extradited to the US, so he might get extradited to South Korea. That's crazy. By the time this is all done, this guy's going to go out clean and he's going to be chilling somewhere on an island by probably in Dubai. Habibi. Did you see the update of that Z Casino thing? So what happened? We wanted to talk about yesterday because there was a death threats, right?
Like there's a hit on the guy. So what's the update? What's the latest? Jeez. So a couple of things have happened since then. So these people are seemingly they are based in Dubai. They are 100%, the farmer guy from Blur said. They're based in Dubai and he's going to help putting them behind bars. So I'm trying to find it but some. Of the Supreme, right? The Telegram chat. That's the update you're talking about. Yeah, let's read this.
This is this. This is so Black Dragon appear to be ABC fund based in Dubai. Let's. Here yeah regarding recent drama with Z Casino. Who is who scammed their investors for $35 million? We wanted to invest some months ago but skipped it to Z Casino team going nuts while we were doing basic due diligence to protect our members and investors. Check the screenshots below between our deal maker and their team. Don't forget to take your popcorn and I Let me tell you something.
I wish I had some popcorn at home when I read that last night Mando, because holy shit. So basically the team member of Black Dragon said, guys can you send me your Linkedin's? You know docs Are you docs? Can I find anything online? And this guy goes LinkedIn. Really bro. Which he goes, what? No, we're not docs. Then he goes, well, will the staff be signed? By who? By me. So you'll dox yourself and give you a quarter $1,000,000. He goes, that's fine. But not publicly to this point.
They're OK with it. And then one of them promotes this goes a quarter $1,000,000 isn't even the house. So. So you're sticking it to him Like yeah, like everything. You are just giving us quarter $1,000,000 not even 108th. At this point bro is talking about like 20-50 kids. Like what the fuck Where though? This is absurd. Keep. Going keep going, he. Goes so the the dev, the ape guy, the scammer guy goes bro is talking to to his potential like Thunder right? And he goes quarter million.
Holy shit. Makes fun of him. If your dad's kids all about it, just skip it and Julian goes. Keck, I'm just going to mute this screenshot. Doc's obsession. LinkedIn. LA, LA, LA. What the fuck is going on here? That's two flights in New York City and back. So they're basically like making fun of the Black Dragon guy for requesting something basic when he does his DDI. Mean what today goes? Talk to us when you have some money just past we have enough demand.
Don't need to deal with just schizophrenic behavior. Take your meds and then the other guy goes quarter of a million is barely deaf salary and then they try to prescribe some medication. What? I hadn't read this, so. And. Then Philip goes to the guy who's funding. It goes, is this a hidden camera? Like, is this for real? And these guys goes, you should thank OX Monkey for even considering your investment. We don't need your money, especially if you're going to
act like that. And then there's lady making. They're just hammering it in making fun of the guy. This is insane. That guy goes OK bro. Thanks for your time bro. Yeah, crazy, crazy, crazy post. And if you actually, some people have actually gone back and looked at this guy's tweets over the last few years. Oh, do you see the Do you see the psychopath test? Dude, he's he's been tweeting out some wild stuff over the
last few years. I took the test yesterday after that because the test went viral. So basically there's a there's an old tweet from him bro, that he took a psychopathic behavior test and turns out he's like, fully psychopathic. That's the one Dees posted. I'm trying to find it through Dees's page. There it is. So Dees took this right?
But if you click on the quote tweets of the quote tweet, this is from January 29 when Durative's monkeys posted a test and he's literally sociopathic that he's right there. This is the population average. And he's right there at the top of He's really at the top top top, top, top pico, top of in between sociopathic and psychopathic. That's the guy who rugged 35 mil. Yeah. Anyway, the other thing is that the Chinese whales apparently have hired a hitman.
I saw that on CB BS page and and he says if you're a Dubai resident have been scammed by these $1.7 million Jeets, send the DM willing to help as much as we can to send subhumans to jail in Dubai and and it looks like he's he posted something. It's gone. I I you just. It's. It yeah, it's here. And so they found him. And like, there's literal. Like I don't. Yeah, they found him. Yeah, they found him. This is they posted his passport and shit. So this is not US doc scheme.
He's lady posts on the timeline everywhere. But let me tell you something, he really posted a screenshot of a chat from Chinese whales saying that there's a hit like it's pretty bad. I dude like I the. The funny thing is, he could just walk it back. It's not like the funds have gone through like he's been tweeting he's just deposited the money in Lido, right? That's all he's done. But everyone's like the Skagit rug. Like, clearly that he's not
building anything. Yeah, I think you should just give the money back rather than than like face a hitman squad from China, like that guy that I just saw. That's not like the sort of guy that's going to deal well with a hitman squad from China. And I don't condone any of this shit, but maybe you don't fuck around and don't find out like, I don't know, it's dude that's crazy.
Anyways, last thing before I go to our film dot IO fam here, Did have you guys followed the retardio saga with Pulley Markets? At this stage like we we've got to assume it's fake, right? But even if it is I. Don't think it's fake. I do not think it's fake. I. I so I am like torn because every time I read something like this is real. But then this is fake. Whether it's real or fake is genius. I mean the the the the polymark.
It's just the right guy's tweet in like 2 hours of polymark intern gonna race Rachel Frank badly terminated him, pumped the company valuation like 10X, pumped the retardio bags astronomically and pulled off one of the funniest I OPS ever. Not only that, he also made like $300,000. Yes, I think the Retardio founder gave him 300 grand,
right? Yeah. So it's martingale and Hugo. Martingale and Hugo, it's let me finance Hugo. So for those of you not familiar, so I think he tweeted from the company accounts of Polymarket, something retardio like his I guess it's a like Emilio, like people have been using it quite a bit.
It's also shit corn. Also the retardios on Solana have been pumping like crazy and the ruins and this like it's actually been a growing ecosystem, part of the whole Emilio family, whatnot that's been really doing really well. Actually for what it's worth, probably one of the only performing NTS in the market at the moment and shit coins and then and so I apparently this so do you think this is real like
the Suzanne? So there's this Suzanne lady ahead of HR that sent them a letter saying that he was fired. And then they put out a public statement on the Polymarket's account saying, you know, they apologize for the term and stuff, but you're you're really saying this, this is it regarding the recent Ricardio incident and they put out a whole statement. I think this is real, I genuine.
I think Polymarket is probably. They're probably freaked out because they're probably doing XT rays and or a token soon of. Course they. Are probably all extra high and they saw this and we're like you, you know, like we need to save this. This isn't part company policy like I reckon. I reckon it's real. This is a good time for us to launch ours.
Damn. I'm just saying you know it would be really cool if there was a Poly a prediction markets built on top of decrypt anyways so a note to our community. Apologies in action regarding with Tardio incident one removal of tweets. The offensive tweets containing the appropriate language have been promptly deleted from a Twitter account. Intern dismissal.
The individual responsible for composing and posting a tweet an intern with an organization has been relieved of their duties of Polymarket. We recognize the gravity of their actions and the importance of accountability and 3rd in total review. So anyways they they initiated this whole thing but what's funnier is the is the is the ratios they're getting. So you have Rhino. Nice work. Now 95% of the community is angry with you instead of the loud 5% you initially caved
into. See how well that worked out for y'all and stop this woke bullshit. Stop being whatever you do understand your customer base right from even Polygon bruh. I think the anthem goes in. Has the intern been hired by someone else yet? Monad goes in. If this isn't their Internet siping, think it's fair to say he's hands down the grist ever doing Brian. Shit, Brian.
Due to the dismissal of the Poly market intern, I will no longer use Poly market or refer friends to use Poly market Intern was your greatest asset. Don't worry Brian. I got one comment for you Zach. Well, what? No fucking way. You find the industry's best intern to ever log into this hellhole. Oh my God, Lawrence. I mean, everyone on CT went in and then trading Axe. So that's the guy, right, Mando?
Trading AX, said DM. I'll send you half $1,000,000 right now if Elon can't pay N words being sued for free speech, I can pay N words to keep up the free speech spirit too, blah, blah, blah. Any in turn 5 for Richardi Rodardo will you'll be reimbursed. I mean, this is so funny, man. Like, there's you guys think this, this, Oh yeah, this is this is real. I think it's real. I mean, shout out to him.
Shout out to Hugo Martingale. He clearly one of the best to do it, I guess, and has brought a lot of attention to himself and to everybody else that look at this. That's a marketing stunt. That's absolutely a marketing stunt. Is it seems? Like they would have if if it was fake. They would have removed his badge from the Twitter thing. Susan from HR is the biggest fucking meme on the Internet. This is an absolutely. There's no way, yeah, there's no way she's the actual no HR person.
There's no way possible, and the fact that they're using the word as well in the PR release, like the if they're against using the word, fine. But the fact that they used it three or four times in their actual PR release, this is the greatest marketing stunt of all time. This is brilliant. Yeah, I really think this is bullshit. Thought it was real and I'd have
to agree. Like Suzanne from HR, like Suzanne from HRI mean even us like we we make jokes internally by HR. Like HR is a Bernie's our HR at Rock Radio. Like he posted, a picture said he'd been logged out of the account. It takes one Click to remove the badge off somebody and it deletes the badge like they haven't done that.
I think this this even might be like, oh good, I don't know, an actual account that Polymarket's running and maybe that's their like, social quote, UN quote, pseudonym if you will. I mean, this is so funny. Important Intern sync? Acceptable use of language. It's absolutely a market instead of it's brilliant, It's genius. This is. But he got 503. He actually accepted. If it was a marketing sound, why would he accept 300K? He might not have done it. Might be because it's pump in
the bag. Maybe they're all maybe it's like, yeah, we'll go with it. Shit. Or might donate to. Terry, after way to I got trying to pump ricardio right. I mean Ricardio. Ricardio pumped like a lot yesterday. Like 5. Yeah, exactly. I I just like. He wouldn't have accepted the 300 K He would have been like no, don't worry like. Is his name like, does it mean anything? Like if you actually Google Hugo martingale, is it like, AI don't know, like an anagram or something?
Or does it mean to do something else? Is it actually like, is all this a big style? It just feels like a marketing stunt to me, but it holy shit it's a good. And if so. It's amazing. I mean, that was yesterday's reaction to, like, what happened. So it's it's just what I mean obviously there's been a retrace since, but this big ass green candle here, like this one here, that was it. It went 23 it wicked up to
43,000,000. I wasn't this coin for a hot second actually early on, but this this is wild. So that was that was the big news yesterday. I I I love this timeline. I I I have to say, I I love, I love this timeline you guys, this is just like every time. There's just so much stupidity going on, but at the same time so much seriousness and it's just freaking hilarious. Anyways, that's about and then the other news quickly before I go to film dot IO here had a huge harambee buy from a wallet
that has $16,000,000 in there. I saw Mando post about it as well. I'd seen this from our chick. And then that wallet has like, what, 10 million of whiff Mando and like 6 million of another token like Boden Boden whiff like $16 million. They have like $17 million of different meme coins. They bought 800 grand of Harambee yesterday. That's crazy, I just think.
And then there was a big Bloomberg article which a lot of people posted yesterday, which is talking about how all the major hedge funds and VC firms are trying to move into meme coins like they're throwing in the towel. I I think that you're starting to see that there have been funds playing this game for a while. Oh yeah, they definitely have. And then last but not least, there's a fantasy top TVL that passed Frantex. I actually signed up to the heroes thing yesterday OV just
in time. I think Deadline's like 40 minutes, so shout out to you for reminding me. Something you're supposed to do to do it. Yeah, you and you and you. Mean you signed up for Fancy Top? The Heroes thingy. So I signed up. Mando, you should sign up. You have 40 minutes. It takes 5 seconds. It's free and you're going to get free money. Oh really? How do I sign up? Did we invest in that, Alistair? I think you did. I mean all this photo is on the on the cap table. Oh, right. OK.
We did. We got we got N smalls. But you should still do this. I do fantasy dot GG no. No, no I'm sending this to a text, but do it now. Careful, careful. OK, what's definitely not fancy? Not XXX. Yeah, well. I was I was trying to send him a draining link so I can take it, but I just sent it to you bro and when it goes to post on Twitter, just close. Them. My apes are gone. Make sure you do that.
Make sure your apes are gone. By the way, that D Gen. We're not going to post about that D gen's intern tweet yesterday. Huh. Be. Sure, that. Because I knew I was fucking a liar, OK? Let's talk about it. Let's talk about this quickly and then I'm going to move on here. But yesterday was the board apes turning 4 three. Sorry I when your intern is an animal though and I see this on the timeline was that what we? I don't know who that like.
I genuinely don't know who that was on our team, but that was somebody. I mean one of your team members is a savage and then do the same thing today with Cool Man's or something. But anyways, it's like the Happy Birthday Apes thing I thought it was. I mean, I'm still a hate holder, personally speaking, but but there's funny. Yeah, yeah, Bitcoin puppets,
everything. Like, guys, seriously, this fantasy thing is alpha, because if you own like, puppets, a bunch of Bitcoin ordinals, a bunch of Ethan FTS and stuff, you actually get free points and look at doing good. I'm doing it because I'm one of the, you know, because if you are like whatever they call an influencer, I hate that. But you have a card made for you and people can trade you. Feels weird, but I don't care. You guys feel free to trade my
name. I get something out of it anyways and so I I'm doing it. I'm doing it. I'm not fading these things because I have zero blast exposure and so I was figured OVI was like, maybe that could be my blast exposure some. I need something you know. It's. I think it'll be cool. It's the reason why it's it's got so much, so much ETH on it is because it's one of the largest receivers of blast gold.
We were we were talking about the other day and so there's a lot of there's going to be a lot of blast gold up for grabs for using this. And if you if you bridge ETH, now they have this thing called fantasy stars. So if you bridge ETH now you are able to accumulate stars until the 28th of April, if that makes sense.
OK, so I say bridge ether just like deposit ether, whatever it is. So that's why loads of people just like moved their ether onto fancy dot top because you can just like whatever accumulate whatever it is. But I, you know, obviously be careful with the stuff because you never, I mean. We, I mean, Dev is not from North Korea, so we're good. No, yeah, we invest it. But you know, things can always get hacked and exploited and so
just always be careful. But yeah, like, I think that seems to be the game people are playing because it's going to be a lot of blast gold up for grabs. With this. With this one. OK, well we can, we can get those lads on the show at some point and see how it goes. I just know a lot of people are are are going to play this game and stuff. So I was like, OK fucking like I may as well get involved. It's free money.