FOMO HOUR 128 - PUMP DOT FUN KEEPS PUMPING! - podcast episode cover

FOMO HOUR 128 - PUMP DOT FUN KEEPS PUMPING!

Jun 03, 202443 minSeason 4Ep. 128
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FOMO HOUR 128 - PUMP DOT FUN KEEPS PUMPING!

Crypto nears break-out then falls on Trump verdict. 13 straight days of BTC ETF inflows BTC whale accumulation ‘echoes 2020’. Crypto apps next year will onboard millions: Burniske. Elon denies talking crypto policy with Trump. RFK has bought 21 BTC during campaign. TON market cap falls after updating supply data. a16z donates $25m to crypto PAC. Vitalik sends 30ETH to Tornado devs. DBS Bank in Singapore custodies $650m ETH. Backlash grows over zkSync using ZK ticker. Implementing FIT21 a slow process: CFTC. Pierce recommends UK & US cross-border sandbox. Vitalik writes blog on block size wars. Hong Kong government expresses support for web3. Do Kwon & Terraform reach settlement with SEC. Large unlocks for a number of alts next month.

FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the Crypto, Macro and Web3 sphere! 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.

Transcript

Yo-yo, yo. What up? What up? Good morning. Good morning, Chief MG. Oh, yeah. What day is it today? What day is it this Friday? Friday, then May. 21st. Weddy, Weddy, I've successfully done this every day this year about it. Look at that. Another beautiful day to have a beautiful day. Oh my God, the last day of May. That mean that all the buyers are coming back tomorrow or maybe Monday, right? Because, you know, buyers are late. The people sold main go away.

They're lazy people. They're lazy people. So maybe it'll take that extra weekend. I got my clothes in the house. Tyler Mando, how you guys doing today? Doing good, man, Pretty good. Thank you. I did. It's a lot. 75 and sunny here in Chicago today. We were feeling great. Son had he graduated last night? Everything was super smooth. He had the family in town. Let's go. How was that? I saw the picture. Congratulations, that was super cute. How was the graduation?

Yeah, it was awesome. Their graduation song was unstoppable. So they all sang that and they all did a great job. Yes, C is unstoppable. It's a pretty, pretty solid graduation song. I remember being homies with CLS cycle, remember? She did. She moved into Web 3. That was something went to her house a bunch of times. Like she I was talking about it with Vanessa like two days ago. She was like, it's a fucking compound in LA That was fire.

Anyways, coming out of coming out to the song Unstoppable. It's pretty gangster I. Mean your song. Music NFTS, you got all these celebrities coming in, these musicians, they're even doing music NFTS. What? What's going to be the case for music NFTS? But I'm trying, I'm trying to push the mass adoption of music NFTS. OK Anyways. Music NFTS. We got to clip that so I can have that as my as another one of those. It's fire. I mean, I got to get my music NFTS, it's fire, you know, I

soundboard good. Anyways, today on the show today, I'm dude, I'm hyped. It's sunny. It's also fucking beautiful. I mean, you said 75. What the fuck does 75 mean? 75 freedom units, 20-3 degrees, 23.8 Celsius. Nice. In Montreal it is similar to you but a little colder, usually 19 Celsius here. So that is what's that in freedom units? That is 66 freedom units. So it's not bad. So. Oh, it's going to be 27 this weekend. Yeah. Yeah. OK. This is fun, this is fun, this

is fun. It's going to be a great weekend. I cannot wait, lads, to go out and get some drinks later today. Anyways, you don't feel like Mendel, feel like a bottle of rose. Last time I had a bottle was with you. Yeah, a little big rose guy, but it was with you at the at the rooftop of of the one Hotel in Miami Beach. Yeah, we were. We were celebrating Bitcoin

going to like 30K. We were celebrating bitcoins like 30 and 40. We're celebrating the I mean, you knew because you're an advisor of ours, but but we were about to announce the crypt and Reg radio that was days away. So we were celebrating like a lot of life together and that that bottle, I think that bottle ended up until like a hangout until like four or five in the morning with everybody. But we don't have to talk about that. Anyways, Tyler, you're going to have a lot of fun with us.

Can you hang, Tyler? Can you hang? People don't know this about me. I'm I'm a big rose fan. I love a nice, you know, easy drinking patio pounder and the when the sun's shining and the warmer weather, so are you are. You full American, you got some like euro in you. I I drink wine like a euro. Let's just let's just say that. One of one of us, one of us one what does this happen? OK, there you go. One of us, one of us. You'd love to see that. I I can't wait.

I I need to I need to get to know Tyler more. Maybe we should do an episode of like who Tyler is on the show, like a segment 5 minutes, like fire off questions, you know, but anyway, but this is not a drink, but this is iced coffee just so people like, I don't think I'm like this. I like to put my, I make my own iced coffee in the shaker and I put like a whiskey glass because it just feels nice. Anyways, today on the show today, today daily market report. I mean, crypto's like really

racing a zero before the show. But don't worry, we're shaking out the weekends before the biggest month that we've had all year. I booked my predictions privately to Mando and OSF and to Tyler. I don't know if I'm ready to make those run publicly, but maybe I'll post a screenshot at the end of the month to see if I was right or wrong. So we'll talk about the market. 13 days straight. 13 days straight of BTC inflows. Big ones too. By the way.

Yesterday was a wild pump. You love to see it. Anyways, you have a bunch of stuff going on. Wait, a 16Z donates $25 million to crypt to pack? Holy shit. Damn that is wild. I just saw this this headline. OK, OK, a lot of a lot of stuff to talk about then and then all streams and dreams. We'll go to Tyler and see what's up today, what he's got for us.

And as usual, this show is powered is powered by moon pay to buy crypto using PayPal. You know, just download, download the moon pay app and also and also and also fair side network on X make sure you're tapped into fair side network while the coverage for for you know, all the good stuff. You know the tabs. That's usually that part where you like put the put the roll out. The thing I have to read because even though I said every day, I still didn't remember it by heart.

There you go to buy stock crypto with PayPal, download the moon pay app and fair side network wallet coverage for drain scams and more. See, I remember everything else, but I can't remember a simple ad read. Shout out to our partners for keeping us alive. Anyways, anyways, in there. That's enough of me. Let's hear from the great Mando. If you know, you know can. You dig? It GMGM big The big day today was due to PC inflation. That is the Fed's preferred

method of inflation. Long story short, it came in slightly cooler than expected. This was after yesterday GDP and another inflation rate was also revised down South. Generally this points to lower inflation and also a slowdown in the US that was generally meant to be positive, I would say for crypto, just because you have less rate hikes. That being said, we were rallying after that figure.

We have since kind of sold off in the world after as we've gone live in U.S. equity markets and no, everyone was waiting for that. It feels as though we could still be stuck in this range. We are 13 days of inflows in inflows have been just over 2 billion over over those 13 days or there there are there abouts about 2 billion and we're still just hanging out in this boredom zone, as it's increasingly been called. Feels like we could be in there

for a little bit longer. I guess the the big, big headline, and I'm not American so I guess I can speak about this without being too political, was that Trump was convicted of fraud yesterday. I believe it was 36 or 38 counts. 34. 34 counts. Four, Yeah. This related to election fraud essentially, which is slightly strange. He obviously made payments on hush money basically apparently for a adult film star and then ended up being falling afoul of election funding rules which

then got him caught in in trial. We saw crypto sod off after he was after he was convicted and then pocket pockets of it rallied back. I would say so I looked at Polly market today. Yesterday it was a 54% chance that Trump wins. Today it's 52. So you saw a small dip in the chances that Trump will win. Obviously this now paints it is, I think a boldly and I just put it pretty well, but like you're going to have felon versus senile is going to be how this is going to be painted by some

people. And that's that is that just gives ammo to to to make this maybe a slightly fairer race. Whereas before, I think most people thought Trump would, could, could, could run away with this. It's also his donation site did like go down from the sheer number of people that went to donate. So who knows? This probably galvanizes Trump supporters. It just makes it even more divisive than I think in the US, which I think is not a good thing. But yeah, we're in that sort of

scenario now. Crypto didn't really know what to do, particularly the political, political meme coins were the funniest. And I think Tyler is probably going to go into that. But like, they will all over the place yesterday. Generally, I would say this just increases the division in the US. And even if Trump were to win, I think it probably leads to a more partisan situation. And I don't think that's necessarily great. So yeah, I just don't know.

Like it just keeps on going, getting more and more divisive, I think. So crypto didn't really like that because obviously we need people to come together for policy here, particularly around regulation. We've seen some of it in the last few last few weeks. But this needs crypto regulation needs bypass and support in the US and and that perhaps pointed to not that sort of situation in any scenario here. So yeah, bit of a sell off.

I'm unsurprised we didn't breakthrough all time high even with the inflows on the back of that, that that headline feels like we could be here for a little bit longer. Could be here for a little longer. I mean, that was that was quite the headline. I mean, we got a we got a now we have a boots on the ground American correspondent. Look at that. We have a Canadian, a Brit and and an American on the show. You know, so let, let's ask the let's let's ask the American.

You know, you're straight out of Chicago. So you're kind of in the heart of it all. You know, what, what is the sentiment in America? OK, I'm seeing on the timeline, but what, what, how do you feel about all this? Tyler? What's the what exactly went down? It it's so interesting, so to the highest level. So this is the first time AUS president has ever been convicted of a felony. What's even Wilder about this is that does not prevent him from running for president.

There was there was wondering out there, can he actually pardon himself? So no, because these are state crimes, he will not be able to pardon himself if he does win the presidency. Presidents can only pardon themselves of federal crimes. So I thought that was interesting. But just like the the broader reaction, I think the timeline was like totally different than

the real world. So like right after this all happened, like you see folks like Ryan Sulkas, who's kind of become one of the leading, you know, crypto Twitter political correspondents. He's tweeting stuff like buy guns, buy Bitcoin, move to rest. He's talking about like Civil war basically on the timeline. Did you see my post? That European mind can't comprehend fucking die. I opened the timeline and it's this.

It's Ryan Selkis literally saying buy guns, buy Bitcoin, move to red state, the constitution has fallen and then it's Wizard saying Trump found guilty of all counts. Bullish as fuck. They just had him to election. Then it's ice bags going. Trump can tell all counts. Can't wait to vote for him. But anyways, back to you, Tyler. It's all over the news, like I'm walking down the street to go to my market because I need to pick up a few things ahead of our,

our little party last night. And I, I'm scrolling Twitter and it's like total chaos, like civil war is breaking out. The the constitution has fallen. I look outside, everything's totally normal. And it's just like we get so plugged into this bubble and, and people it, it's just not an accurate reflection of, of the world outside. So people, the actual boots on the ground are doing just fine. Everyone's living their normal lives. The election I was really haven't changed much.

I mean, Mando talked about it, right? I saw it at 54% on Polymark and maybe it's dropped to 52% here this morning. I mean it, it's up perhaps a little bit, but I don't really know that it changes the big picture all that much. It certainly is galvanizing his base more where I think we saw that with the donation site and that's what triggered the tokens. So like that's where the, the crypto impact, I think it, the bottom was marked when that headline circulated that his

donation site had crashed. And that's when we saw that the Trump token fell full 50% and then and that that red Wick got totally erased within minutes. And right here, look at that. Look at that range. It's back in green here this morning, right? I mean, maybe it's so off a little bit. I saw it 759. It's still at YEAH 708, which, what, $15? Yeah, so it's soaring. I mean, so, so clearly this one is the the big dog. Like this is, you know, by far the highest market cap political token.

We saw them it it was a mixed board without that though. So like MAGA was down 20%. The Trent token over on Solana seems to be the leader. On solo it was up 9 percent or for Trump tokens, Boden initially spiked and then fell back, which I think it has to give you some concern as a as a Bowden holder. Like what? What is going to be the positive news? I think that coin's cooked, dude. Like it's it didn't even pump on the Biden's policy on the block thingy. Like it's crazy.

I I I'm with you there. I'm I'm not feeling it. The rooms didn't really get the rooms are actually both red. I was surprised about that. So like it's hard. The takeaways are it's harder to pick the beta plays Trump token is the clear winner like you if you if you get lucky on the new ones with some of the new Trump tokens that launched yesterday like free Trump, liberty guns, beer Trump just like the the craziest stickers you've you've ever heard there look like 2 or

100 or 300X if you catch the. You know someone's gonna make epic Trump, right? Don't, don't, don't suggest that. Don't suggest that man, though it's. Already made. Like at this stage, it's already made. Somebody's made it. All the stickers have been made. One of my personal names was was BTC for Bitcoin but is that beat the conviction? You guys are insane, why don't we? You're making some epic duck style Trump's. I I I bet you my life I say somebody makes. It why don't we just stick to

epic? Let's just let's not let's just stick to epic. OK, Let's let's take let's take to the buck to to the buck to duck the buck that the ducks. Are off. I don't know anything. Well, end up heads up, hands up Mando, don't you dare start another coin on the show again. Live on, he just said. Beer epic, which is like that other random token called beer, which is like 150 million market cap. I have no no idea why it's there, but it's like there

that's. Crazy. So I'm like, I did this whole like thing right now is so I mean, I man, America's so divided. It is wild, dude. Dude, I don't want to get all political shit because it's it's crypto. So we're always talking about this because clearly like you're I have a question for you, Tyler. All the chats are like bullish verdict, bullish verdict. I was like, yeah, So what does that mean for my bags?

Like that's all I care about. I don't care about like I'm, I'm in Canada, dude, I'm I'm going to be in Europe soon. Like I, you know, but like, what does this mean for my bags? Half the people like bullish verdicts. Some people are bearish verdict. What what's the, what's the, what's the take away here? I even put a a poll out and so people don't know. I don't think anyone knows. I think that's just the the reality.

And I saw like a lot of, you know, I, I live in a blue state, so Chicago is very blue, one of the most, you know, liberal cities. A lot of Democrats were celebrating. But I don't know if this is necessarily a positive. Like, I think to demand those initial point, I do think it galvanizes his base. It's going to make it just a more divided election. I mean, you've got Elon, Elon stoking the flames yesterday.

I mean, the, the, the core argument here, without getting too deep into the politics, is that presidents have done arguably a, a lot of more severe things in office, things that you could potentially paint as war crimes and they aren't held at trial. And that this is a, a, a fairly minor offense compared to those. So it feels like an attack against Trump that is not in line with what other presidents

have been held against. So like, that's the core ethos of the of the argument and why everyone is so fired up about this. Well, well, while half the United States is so fired up about this, this is it's not going to go away. That's what I think as well. Like it's if you actually look at the trial, it seems highly likely that he did this, But is it is it really that much of A crime? The crime they got him for is for election. Like no, is it election funding?

Like he should have classified these this expense to his his lawyer in a slightly different way. And therefore that fell made him fall foul of like election funding laws, which is kind of wild. Like I don't think people are saying, oh, you know, he didn't do this. It's more just like, why have you gone after him for this and that, you know, you could go after a lot of different people for this at the same time. That's kind of a what about ISM? I think I you know what?

I actually agree with what Jason put out today. And I know he's more left-leaning. Jason, you know, on Twitter, you know, Jason Kalakarnakis. Oh. Fuck that guy. No, you should. This is what he said. Because I think it was very not. Because of the Trump stuff. Because he fudged crypto 24/7 it's like. So great, Trump. Trump has basically been involved in property and business for the last 20, what, 40-50 years, right? You always get litigation. You always get stuff like this, like.

And that's kind of where he's. Yeah. And I I saw this and I actually agree with him. Interesting. So he says Trump has been breaking the law of the rules and sometimes the law of his whole life. New York real estate is kind of known for this kind of rule breaking. He's rich and powerful and like any other rich person, he gets away with it 99% of the time and he gets a speeding ticket 1% of the time. He's a Teflon, Don, he says.

He's a Teflon. I really like Trump, but like, yes, if you're all in real estate in the 1980s in New York, you probably broke a few rules. Like it was wrong by the Mafia. It was run by like you had to get deals done. Like that's basically where he gets caught up with. And I think that's what a lot of his his previous legal issues

have been about as well. And I think this is what's one of those, one of those where it's like, yeah, he probably just did some creative accounting not knowing that it was going to do this. And then that happened. I still think, I still think he wins. OK, let's let's see where that goes. Well that's one thing's for sure. Is that whoever sold their Trump coins on East at $9? I don't know what the fuck you're thinking. Like meme coins are an attention game.

I don't even have any and never actually bought it to it, but Nimco's an attention game. I found it absurd that like some people like sold sub ten and then it jumped nearly 100%. It went from $9 and 17 bucks, which was wild, hovering around $15.00. It seems like that was quite the bet on on to make yesterday across the board alongside other coins. Anyways, so on the crypto side, last day of the month, Mando, how do you feel about June?

How do you feel about June? Today's last day, We're going to get our monthly closes tonight like 8:00 PM Eastern Standard Time or something. How we feel. I don't see how your bearish crypto right now. I still continue to be amazed that people are bearish. Here is. There any bears level or is it people well? I saw like trader main put out something being like, you know, if we lose this level, we go to

63 K and I was like, who cares? Like we got a 63 K, That's like a 5% move, like OK, and then we go higher. So like if you're if you're just getting bored or you're getting annoyed, that's. The people in those sixty threes here like it's the that's what it, that's what the movie is just. Just chill maybe if you're losing money, mean coins, you're losing money in the left curve stuff. Just consolidate to majors and chill because I think we're going higher.

And if you're just you're finding yourself losing dollars in this, in this chop, then your best is being a major and not having to time it, not trying to go so aggressive. A lot of this time we've seen these breakouts even yesterday felt like it was going to be a breakout straight back down, right? Like so don't chase momentum, just chill own spot. Probably buy dips in the same way, but don't be the person who buys the breakout or buys 5% below the breakout. Hoping that that's going to be

the move as well. You know what they say and the the muggers say, they say shut the fuck up and send it. In short, you know, I think it's a good summary of what you were saying, but you know, less politically correct speed of politics. So Ethan's at 3780. You'd love to see that Solana, you know, still kind of in the same range as well. I mean, it just looks like when I look at the across the board, just looks like everything wants to go even Pepe look at Pepe a 6.3 Pepe looks fine.

Pepe looks. Beautiful man. Gorgeous bro. Like, Oh my, I don't want to kiss it anyways. And so yeah, that it it's slightly dipped below 6 billion every time it goes below 6. Like it's like it just keeps getting bought back up above even like you look at the. Other thing, it's about to get listed though, right? I think Pepe's about to get listed on Coinbase. I mean, yeah, Pepe and Whiff have been like they followed each other, they had the futures

thing. So like you'd assume that if 2 coins get picked to be next on Coinbase, I would think it's those two. Yeah, that's what I thought as well. So that day that OSF also converted to WIF we both bought a decent chunk. So I moved a lot of my bag into into WIF too and my guess is that that one hasn't really moved on the on the spot listing right like. That one looks. Kind of nice to me, like it's consolidating in a pretty nice you. Put your hat on.

I wasn't aware. I know OV sold all his soul, all his Solana left. He sold it for WIF, I did not. Maybe see I actually bought more with today. Let's. Go. I just didn't really tweet about it. What I did is I moved. If I'm honest. Pepe people don't kill me. I sold some Pepe and bought with. There's nothing wrong with that. I mean, both of them, like it's like all, all, both, right? Like they're going to move together, those two. They're going to move together, though, Pepe.

Still have a very big Pepe bag, but yeah, that's what I basically did. Wait, hold on. Holy shit. OK, I'm not. That is wild. OK, I thought I thought me like adding another thousand soul in width was a lot. I love that. I love that. I love to see that. Tyler, is your hat on? I mean, your hat is always on. This guy always has a hat on. So. It's on. It's one of my biggest core positions. I I think strongest pie on Solana.

Let's go, let's go. I mean The thing is like the thesis on WIF is simple as if you believe that soul. Sorry, let me remove this. If you believe soul grants higher, WIF goes higher with it. There was like just a very short lull last month in May. It's true that there was a point where WIF was Solana outrated WIF for like 3 days, but that was three. No, it was a week. It was like when I don't. Know why you bought it right Soul Soul WIF is really. That's really.

Running down, yeah, like it really came down, yeah. And I think the reason why was obviously a lot of the again, Anson's just kind of imploded himself on the timeline. So that's kind of caused a bit of a backlash and and then just a few other. Things around bullish decoupling. Right now, there's a bullish decoupling of. Yeah, but the the move to EFF

just caused that to move. But then I just think I'm playing this now into the Coinbase listing, which I just don't think it's priced in. Like I think if this gets a Coinbase listing, how many how many meme coins are listed on? Coinbase, those ship in bunk, right? Pepe. Oh yeah? Well, Pepe, no, it's not like. With and Pepe both have the futures on Coinbase. Both of them it was announced back-to-back. It was Pepe first and with second couple weeks after. So I think that's a big deal.

I think it's a really, really big deal. Yeah, but that was like months ago, right? That was two like 2-3 months ago. Right. And I think we're talking about a listing in the next like 2 weeks. What's the latest with the Coinbase SEC trial? We haven't heard about that from Paul Growl in a in a minute, right? Yeah. I mean, the next thing we'll probably hear about all of this, I think Ripple is gearing up for a for. A Oh, there it is. An hour ago. Actually, we got an update. There you go.

Today we filed our closing brief in the Third Circuit challenging the SC CS denial of a rule making petition. So it's still going. Like, there's no, I, I mean, this is all Chinese to me, but you know, it's it's still going. So yeah, I don't know, Mando, seems like we don't have. What do you say about Ripple? Ripple and the SEC will will, will reach an agreement imminently as well. Remember their, their, their case was meant to go to an actual trial. They're going to reach an

agreement. And then I suspect that the SEC will might even just start dropping some of these charges against these exchanges like let's see. But the the EF move allows them to sufficiently muddy the water when it comes to other tokens because other tokens were listed in a very similar way to the way that ETH was. So it's very difficult then for that to be argued.

I'm also reading that the whole like S ones are coming in faster and so like the SEC requested them by Friday, so today and apparently they're actually moving pretty fast on the on the ETF side. So a lot of people originally were thinking that it's not going to trade till September. We're really looking at a June July like training open for for ETFs. This is why I'm super bullish on June guys like I there's a lot going on right now.

So I anyways, we'll see how we we close up and we start. But listen 80 K June book it. Let's fucking go. It's coming. It's coming anyways, Tyler Tyler, let me go to you. By the way, I'm a moron. Y'all like when I meant like the 25 minutes of pack it's not packed. I'm just so in my pack moon era right now in my head. They gave super PAC Fair shake, gets $25 million from it, has nothing. Is that what you? What did you think? Shut up. No, you didn't. Don't double down. Don't.

I basically in Z bought 25,000,000 worth of pack the entire time I wouldn't have. I don't own it. I get it. I just I'm I'm so like, did you? Full pull? Did you just full pull it into pack? No, no, no, I didn't. I don't. I don't have any, but I actually don't have any. I actually had a great chat with Bobby Bigyield. Awesome dude, great guy. I love what they're doing. I just, I'm that guy. I'm that guy that like will support pack whether I have a

bag or not. I just like what they're doing. Yeah, I'm I'm a fan, honestly, straight up. Also the FOMO hour show is like top something on the PAC Moon fucking leaderboard because Sims made a clip of Frank talking about PAC Moon. Apparently Lamboland and Bobby really loved it. They quote tweeted us. So FOMO hour got a ton of tokens like points at least whatever that'll be for doing that. So maybe we do a thing where

every time we'll put more PAC. You know what, we'll put more PAC Moon clips out and if y'all retweet them and you do it like we get the tokens, we like, give back a bunch of tokens to our audience, let's just do that. Let's just fucking fucking let's go. Let's do that. Anyways, Speaking of that, Speaking of that, Speaking of that, remember to retweet the Twitter space, the top bottom right purple box retweet dropper GM and you have to be on here to

win one of the winners. I'm gonna pick from the audience directly directly. I'm going to pick you from the audience because we found out that someone won three times and we don't know how to deal with that on Twitter picker. So so you know, we're going to start changing the ways that we pick our winners because we can and because we want actual people that have been listening for a while to win. So make sure you retweet, make sure in the spaces and get ready

for the end of the show. Anyways, Tyler, what is Tylers top five today? What are we talking about? What do we got coming? Love that intro. So positive NFT news and and all of the themes here for today's top five S #1 the surprise when I woke up this morning, Iggy Azalea's mother token rebounded 80%. Mad lads, mad lads say Fockett mother. They drop a mad last custom PFP for Iggy.

She makes it her PFP on Twitter and that it caused a big rebound and mother did not 'cause as much of A move in mad lab. So perhaps we'll circle back to that. The dog tokens runes. It is fulfilling its prophecy of going to the moon at past 800 million as runes continue to pump Node monkeys caught a little bit more of a bed yesterday too. They're up 10% in the wake.

In broader NFT news, Pudgy Penguins big news, partnering with Mythical Games, the creators of NFL Rivals, to develop a AAA mobile game based on the pudgy IP that is going to be on. Polka dot guy with most likes. Didn't our blocks drop yesterday? Called nameless Dread sold out at .2.

Each raised more than $500,000 in the process opened up at about a .3 E 4. So a nice little 50% win for mentors and some signs of life in what has been a pretty dead art NFT market here over the past few months. And then Nina Chanel super punk world. They finally completed their AirDrop opened at a .8 E floor pre revealed. But I saw a little bit of fun from B regarding some of the terms and conditions from from Yuga that are circulating, and man, they just can't seem to get

out of their way on this one. Interesting. OK, so wow, OK, that's a lot. That's a lot. So let let let let's start. Let's start from the start. It appears that Iggy Azalea, you know, is still writing this thing. And I I actually saw this yesterday and I was wondering if she's actually going to PFP it because I saw, of course Onsen get involved and and so that happened. I guess you'd love to see it. The mad lads must have gone crazy over that.

Let me see Good. I mean, I guess good for the mad lads, right? I think the time sentiment's mixed because I think so many folks are so down on this celebrity token meta. They want to go away. They don't want anyone to give any attention to it. But Iggy Azalea's got 7 million followers on X. It's it's a good looking PFP. So I mean, I see why they did it. Like this is an attention game and this is a way to get attention on the collection. We haven't seen this huge market move yet.

I think I'm in favor of it. Yeah, I mean it's interesting to see I I I really like the mad lads art and I mean this is the game like if they want to capture attention by doing this, it's actually smart. You know what I mean? Like it's they don't hate the player. So so mad lads doing that with the mad the mad lads right is it's pretty cool. Seems like the timeline liked it 300,000 views. Wow and then the token, like you said, indeed saw quite a rebound.

So guess we'll see. Is that the only celebrity coin from the last week that is still alive? Yeah. I think they're all dead. So like, I mean, as of yesterday, we I think we all saw that the celebrity meta was already over. Maybe mother's going to keep it going. But like, Jenner is dead. The DeVito thing is dead. Yeah, the DeVito thing was, was was quite the IT. Was DOA anyways. Yeah, it was pretty bad. That was pretty bad Anyway. So that's that on that fraud.

What else you mentioned was. You mentioned you had a. Dog, I mean, we, we talked about rooms a little bit yesterday. Let's talk. About rooms, we didn't talk. Enough about my God, this. This thing is going to hit a billion probably this weekend. Like I I wouldn't have bet against it. It is just on this up only arc and it it's carrying the broader market. I mean, not all the tokens are are green, but there is a lot of green on the board and the mid tiers, the micro caps, you know,

there, there's just action. And I think that's what so many folks are just rooting for, because this was such a dead. Dude dog is like 123-4567. It's 8th guard Steam point by market cap. What is the dog? Nothing. It's dog to the moon, dude. Yeah, but what? Whose dog? Is that so? He created the project and it didn't even have a PFP. And then he came out with I'm. I'm forgetting the type of dog it is. It's one of those. It's that dog, Yeah. And he put a little Bitcoin hoodie on it.

Is it? A baby sheba, you know. Yeah. It's a baby, right? It's the same as like the Sheba and like the. Right, right. Yeah, that's what it is. It's not like an afterthought, you know, to the collection, but I mean, yeah. Dude, that is crazy. I kept one of my runestones back then and it got me like an AirDrop of like dog. And so I'm not mad. It's like worth what, $5000 now? It's enough for like 2 coffees at Air One. But yeah, there you go.

Yeah, it's like 5 grand, 6 grand, something like that. It's not bad, you know. Thank you. Thanks, Leo. You're all AirDrop for free. I mean it's hard to complain or flood like a free AirDrop that. Definitely cannot flood. Yeah, that is wild, though. Like we were talking about this before the show started. I mean, this is really crazy. I mean, look, pups is is is doing good at 150. RSS is at 2:20. But dog really is like, dog is just like miles away from the rest. This is great.

I mean, I don't know what this is saying. 2 billion like this is probably like some weird, you know? Yeah, they the devs kept 99%. Of supply. So I, I, I'm counting this one off, right? So technically, like this is your top five, right? The decentralized one from the Kongs was it Kong? It's. Several. Kongs. Yeah, several Kongs. Yeah, that one's going really well. And that's the second ruin. That's why. So they have that narrative, but it's it's actually good to say.

I mean, what do you think, Tyler? Do you think we're going to we're going to see some good price action on the Ruins this month? I think so. I mean, in, in the scenario where dog goes to a billion or continues this March up, you have to assume it, it's going to rotate around and volumes are up, interest is up. And I mean also like a Bitcoin, like your prediction, if Bitcoin goes to 80 K, that will in theory that should be good for the rooms because like they're,

they're, they're priced in sets. So even if they do nothing they should, they should be going up in price. Yeah, I think we're going to see part of season. I I think like because you know, like we haven't really had the NFT season yet and we're not going to have it until people actually are rich. And I think that NFT season is probably not going to take place on East or like a little bit.

So I'm we're surprised as the usual collections like ponks, etcetera, even on the low end, like obviously bias, but like red guy or like these collections are pretty low right now in these terms with like founders that are here will do

good on the east side. But like, I think like people are going to be looking back towards like ordinals where to spend that Bitcoin. I mean, if anything, like we have seen through runes that like bitcoiners spend their Bitcoin on runes, like I like, right. That's that's my take away from this week is that it's it's shown us that the bitcoiners are willing to gamble, but they're gambling on their own like chain. It's it's happening there. I mean, Amanda, what do you

think here? Have you been? You haven't doubled yet at all? You're in OV, right? In ruins or not that much, right? We have only a little bit. We have a little bit, yeah. I think I I don't know if I get involved right now, but I do think that now that it's like pumped back, the one that I continue to think is the best is is is the puppets on the ruins side. I don't. I'm not 100% sure which one of the like the lower cat ones I'd I'd like buy. It's very tough.

It's it's actually hard. I actually have never bought ruins aside from all my air drops like RSI, see pups, etcetera like dog, like the the top three, I guess. And if I had to go for three of them, probably those 3, it's safest in the way. But dogs are already 800 mil so it's like what happens then? I'd like to.

See right high, this is what I would this is what I would say is that like they're all got decent market caps like to all have like 200 to $300 million market cap that's not small out of like the chasing pack. So I would say that I would, I would be unsurprised if one of like you have a lot of those like that don't really quite make it.

So let's see. I I I personally don't find pups and RSI see that high like given what RSI CS done being the the narrative first rule, the AirDrop distro at 200. But what if I interesting? Maybe not those two, maybe not those. You want to find interesting Mando is and and and Tyler is here. It's like I'm curious to see if there's the same effect as other chains where like 11 token drags the rest of the market up because so far it's not really the case yet.

Like dog is pumping pops is flat and RSI CS flat on the couple days. Like they pumped quite a bit, but our pumps is at 147 Runes is RSS is at 220 is actually a little higher yesterday push RSIC and pumps were higher yesterday actually on the show. So I'm curious to see once it hits that billion dollar mark, which is probably well, 'cause it's like mental, like it's got to hit it right.

It's like once it hits that, what happens to the rest of the runes market, et cetera, 'cause it's got way easier to trade, right? Like you can go magic Eden, do your thing. They have their own wallet. I don't know. We need more catalyst, we need, we need more action. It's like. Bitcoin agency is. Actually doing anything and like the RSIC team still hasn't announced what what the hell the project is. I'm actually surprised it's

still trading this high. I thought if you had told me six weeks past the Runes launch we still wouldn't know anything about what this mystery project is or what they're building, I would have said we're probably trading much lower. Interesting. I kind of like that personally, but we'll see. I guess we'll see and we'll see where that takes us. Look, the catalyst is Bitcoin pumping like that's, I think that's the catalyst for all Bitcoin ecos like Bitcoin going higher.

It's been helping. Anyways, the news on Pudgy Penguins is very interesting. What? What's that all about? What's this game? I saw it was a pretty big deal, huh? It's a pretty big deal. It's just another step of Lucas vision to expand the brand and the IP via gaming, via gifts, via social media, and he's just built. He's just continuing to build out the universe and like none of these individual announcements are are really

moving the market. But I mean, if you just kind of step back and look at everything they're they're doing, he so he's laying the foundation for the strongest PFP collection. On what do we guys, what do we think about the bet? What do we think, boys is What was the bet exactly, Tyler? The bet was any new collection, which includes pudgies that, that has never hit a $100,000 floor that, that none will ever do that again. So that was the, the foundation

of the bet. Lucas said, yeah, I, I want that because he's betting on pudgies to, to effectively be the one to hit 100K. They're right at like what, 50K now? So basically a 2X move. I think they had more like 40 Ki. I'm on there's no way I'm going to bet against him, who feels so strongly about this and has been expanding the IP across Walmart, Target, Instagram. Now I'm gaming. I'm not betting against him. Interesting. OK, that's, that's interesting. What do you think Mando?

Are we going to see 100K floor PF PS Is is Pudgy going to hit the 100K this cycle? I speak to Luca a bit now. He, I think he's got a good shot of it. I think he's got a good shot of Brit building a brand. I think what he's got a good shot is just building an NFT company that doesn't necessarily have that many weak points and could hit 100K over multiple years. I think it's this cycle just doesn't feel like the NFT cycle but until maybe right at the end.

Yeah. Let's met about the scenario. So if if ETH goes to 5000, you need pudgies to hit 20, they've already hit twenty months, yeah. 20's a lock for pudgy again in my. Opinion. Oh, that? That doesn't seem outlandish. Yeah, I think it should do that, yeah. And if he goes higher, if he goes to to 10,000, now you just need to hold the current floor. So I think we're what we're basically saying is that we need E to rally ready to to make people feel that. Yeah, I think that's part of it.

I mean, the wild card is if there's some kind of like a token announcement. Yeah, I mean. Speculate is coming at some point. Yeah, I mean, I wouldn't be surprised that comes out. I wouldn't be surprised. Like there's there's a yes. Honestly, September and on is going to get ridiculous. Like, I know I'm talking about summer's going to be crazy, but like, OK, I'm going to calm down. I'm going to have like my my ring good. Like I'm so bullish on the second-half of the year.

I'm so fucking bullish on H2O. My God. Anyways. Well, broke on that. So when, when do we enter the true banana zone? Is it going to be Q4, September? Listen. OV said hundred KH one. There's one more month left to H1, right? Mando if I'm not mistaken, like June is taking the 6th month so there's one more month left to H1. Is that how it works? Yeah so OV's prediction was actually 100K. You're saying my 80K is crazy? His prediction was 100 KH one on

the show. So so that you know, the banana zone is right here, baby. It's about to happen. I hope you guys are loaded the banana. Zone. Break that, that 71 half K, Yeah, we're going to go to 80 K very. Very. Are we going to go to 6364 K before? I'm sure. Look, I did what I did, what keyboard key loves to do. Look at that, I'm keyboard monkey. What's up y'all? So we're going to go to 64 K and then I'm going to cover. Then I'm going to flip long back to 67 K, then I'm going to cover it.

I'm going to flip short to 64 and we're going to do this little and then boom, we're just going to go crazy. OK, there you go, I'm a traitor. Buy my book. I love your lines man. Dude, my lines are at the best bro. You know Obi sometimes will text me and say yo what are the lines saying? I'm like I caught you bro, I got you, I got you, you know I got you. Respect the lines.

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