GMGM, good morning. Good morning everyone. It is another beautiful day to have a beautiful day. I'm reporting to you all live from Indianapolis, IN here this morning deep in the Midwest, letting the kids visit the grandma here for the weekend. So you'll know it's a little bit of a different set up. We're going to keep running the
show out like normal. Welcome to episode 148 of FOMO Hour. Today is Friday, June 28th, 2024444. Folks, it feels like all of America is recovering from a bit of a hangover this morning. After last night's debate, we all stayed up late. I could have stayed up for for hours. I, I forced myself to to go to bed. I'm sure we'll get into it. No for hope today. He's still out in Ibiza. He should be back with us next
week. We've got Mando. I think Mando stayed up to to to watch it all play out last night. I'm very curious for your takes later. I'm Mando Gian, how you doing? I'm doing great, man. I didn't actually. I went to bed and I woke up to it and I just enjoyed it. If I'm honest. It was the memes were on point this morning. Yeah, we'll, we'll get into it. It it was painful to watch. I I think I about 12 minutes into the debate, I just tweeted out. Oh, no, I was kind of live tweeting it.
Oh no, was just like every the reaction to the like from every Democratic backer in the United States, basically, or just anyone who who was watching it. It was tough to watch. We'll get into it in a bit, folks. It was a lot of news on the day. So crypto majors, they're basically even this morning. Seoul was leading yesterday after the ETF filing. It's backed down. Looks like some Bitcoin minor cell pressure perhaps weakening.
We may get into that. Coinbase big news, they're partnering with Stripe to increase on chain adoption. Mega ETH with a mega raise. They raised $20 million for their real time block chains backed by Metallic, Joe Lubin and more. They're trying to get to 100,000
transactions per second. In broader Web 3 News, the UFC, they partnered with block assets for better fan experiences using their block token in Polify. We talked about the debates, but the Polify tokens absolute disaster read all across the board except for some of the nominee tokens. We'll we'll get into that. NFTS, some welcome green across chains, ETH, Bitcoin, Solana NFTS are up across the board. And then our old friend Roaring Kitty folks, he, he might be
back. He posted on X yesterday just as a dog picture meme. It, it sent stock markets going crazy. It sent some tokens wild. We're gonna get into that later on in the show as well. Before we dive in, we gotta give a shout out to our partners. Today's show is powered by Moon Pay. So to buy and sell crypto with PayPal, download that Moon pay app and follow fair Side network on Twitter, wallet coverage for drains, scams and more. And folks, we've got a lot of
giveaways today. It is giveaway Friday. We're gonna start with Intercellar. We're gonna be giving away for some spins, perhaps some bottles of wine. So reminder to listen for that Intercellar code. We will we will be drawing a winner live at the end of the show. Go sign up at points dot intercellar dot IO and enter the code to be eligible and then robe it.
The roll bit spins are back. We gave away what, 20 or $30,000 just a few days ago to make sure you're eligible for the roll bit spins, make sure to retweet the space. Go follow roll bit, go follow FOMO hour. You, you don't want to miss this one. All right, I think that's our housekeeping. Amanda, if you want to kick us off, let's get into the Amanda report. And Sims, if we've got the jingles, let's let's do it. Can you dig it? Yeah, GM so feels, so we slightly sold off actually from
yesterday. So we had that big headline around Solana and the fact that that ETF was going to come, but everything's kind of backed down a little bit. I would say down about two to 3% so far. Well, let's say 2%. Since then, bitcoins kind of held where it was, but definitely old coins have have sold off slightly. So people have sold into that,
into that headline. Most of the star meme coins have also kind of dropped back to where they were, which just slightly surprised me. Maybe people don't think other people are going to file or maybe people knew about it beforehand. I don't know. But like the fact that we haven't seen that big a reaction is, I don't know, definitely something to pay attention to. We're back down to 143 on Seoul and bitcoins at 61 1/2.
We had some, we had some macro data come out which showed that inflation was slightly hotter by one of the metrics that the the Fed uses. At the same time, I think most of the things have been pointing to a slowdown. We had yesterday's GDP figure came in slightly softer and the Fed, a couple of Fed officials have been out in the last 24 hours basically pointing to the fact that we're going to get cuts towards the end of this year.
So I, I still think that's on, I think the main headline on macro was what was, what was going on in, in the debate. So I mean, we don't have to rehash it, but it, it does look like the chances of Trump winning the election has now gone up materially after on the back of that, on the back of that is now up to 62% chance that he will win on Poly market. You've seen the chance of Biden dropping out of the election go
up to about 40%, roughly. So just reading through the numbers, clearly it hasn't been taken well. And you saw a slight, slightly stronger dollar on the back of that. I haven't looked at what the stock market's been doing today, but yeah, it's tough. So, yeah, so maybe people are, maybe people are assuming that Trump's coming in. So you have a little bit of a rally in, in, in, in macro on the back of that. Crypto, again, hasn't really followed suit.
We obviously still have these overhangs of Germany and the US government selling as well as now in just a few weeks, we could have, we could have the, the sorry, the, the mountain clock distributions. So it, it feels as though Bitcoin's been slightly underperforming for the last last few sessions. It's it's regained some of the ground, but it's difficult to imagine Bitcoin ripping.
Like I still think it, you know, we got up to 62 1/2 Ki still think it will go up to more like 6364 before deciding what it needs to do next. But it's difficult to imagine with that sort of overhang of the next month that you see like an absolute rip here. So that's probably keeping a lid on things. That's made things a little bit softer. You did, you did mention like the main story. I would say other than the, the sole ETF story was the Coinbase story.
So Coinbase is partnering with the Stripe, the payments. We knew that Stripe were coming into the space they they'd obviously had talk about partnering on Solana. The fact that they're going to come in and partner with Coinbase for payments on on base, quite a big deal. Also, there's a lot about on boarding here, which I think is pretty important these Fiat to crypto on ramps. I think Coinbase probably has the best chance for capturing a
lot of that on ramp volume. So this is quite a big partnership for them. And arguably you could say this is this is kind of up there with with what the Solana Blinks announcement was earlier this, although slightly different, the idea that you have these huge, huge payment companies coming in. I think it's a it's a big win for for Coinbase and for East in general, if I'm honest to see that come on and go with an L2, I think is is a relatively big
deal. So yeah, that was that was a big thing to get like bullish on. I haven't really seen much else at this reason why we would go we would go materially lower. People were trading meme coins on the back of the of the debate last night, which were a lot of like the day-to-day activity was. But this Solana news just seems to have been slightly sold. Let's put it that way.
There was some headline that Bitwise might come in the the, the, the the CEO there hinted at the idea they're going to also make a filing. But I think people will really be looking for BlackRock or Fidelity to make a filing here. I personally thought they would. There'd been rumours that BlackRock were going to file for Solana ETF all month right there. I think it there were some a few
weeks ago, right? So it really would unsurprise me if they do, but I it feels as though the market doesn't believe it until one of those two do. So that sole outperformance has slightly been sold. Yeah, I think that makes sense. I think a part of it too is just the the timeline on it, right. So even if you think this holy tip is coming, it very well may not come until like yesterday on
the show. You said perhaps not until if Trump was elected, maybe in in November, December or I think folks calling for 2025. I can see like a little pump and then southern news. Probably a little bit unfortunate for the the the meme coin base out there. We thought perhaps it was going to be slung a meme coin summer back on. We we got a glimpse of that yesterday and then stamped a bit. We still have width over Reddit too, but it gave back some of the gains. Well, basically all of them,
right? Like I think Whiff is actually lower than I mean, whiff hit 2.25 and now it's back at 2:00. So that's quite a big swing for Whiff. It feels as though what we said yesterday, which is that Solana is probably a better play than some of the major memes in Solana right now, just because on that upward traject upward move, it basically matched it. On this downward move, it's outperformed. It still feels like we're probably in that that sort of world.
Yeah, that that makes sense. So we'll certainly see. Coming back to Coinbase and Stripe just briefly, I don't think there's a ton to unpack. I think I'm curious if you had any takeaways from the news You, you kind of went into it a little bit bullish for ETVMI keep coming back to it. I feel like there's this, this base versus Blast like narrative perhaps kind of forming here with, with, with BLAST trying to, to go after the full stack chain. And granted, they're still in their infancy.
I think yesterday was a reminder to me of just how far ahead Coinbase and base is right now. Like they're landing, you know, major partnerships with Stripe to incorporate their infrastructure and, and USDC on base and into striping millions of merchants. And Blast doesn't have a a wallet in their app and it is perhaps coming in Q4. So I think it's just another reality check, right. And we we all talked ourselves into the to the crazy FT DS.
Yeah, but back to Earth. I I I. Would say part of that is just how Blast has been built. So Blast generally went down the route of we don't want you to migrate any of your apps, which are another change to ours. We wouldn't have our own, our own unique blockchain, which at times will mean they're slower than others, but at other times they'll feel more unique. They have things on there which nobody else has, which means it's difficult to compare them
to like a base. But I would say it's got more going on than like AZK sink. So like it's difficult to part to compare yourself versus these huge block chains which clearly have a ton of different links to major, major corporates and probably have these huge, the B&D firm departments, which which mean builds can have these huge headlines. Basically, Blast doesn't feel like it's got that coming really, but it does feel like it it will have more unique things
happening. Yeah, I think that's right. And I think that's another reason why I got kind of caught off in some of the evaluations comparing it to like the the Sueys and the Sais of the world. It's still trading, you know, significantly below them. It does feel like blast has perhaps more going on than there, but but still far less than than base and some of the the more established ones. But again, still in the up and see they've got some time.
And we saw a little bit of news out of blast. It was really like an announcement of an announcement. They did say the gold and points will be coming back for season 2, but more information to come. So we didn't really get much there. I think perhaps another top headline. So we saw mega ETH. Mega ETH was not on my radar. Before as much yet.
I have to admit they they rolled out this $20 million seed round so they're mega ether calling themselves the first real time blockchain streaming transactions at 100,000 TPS with millisecond latency. Their idea, their mission here? Turn cutting edge ideas into everyday reality with on chain sophisticated apps. They go on to tout that the the only limitation will be hardware based on the the speed that they
have. I think perhaps the most notable aspect of the story of this raise is, is who's involved. So the angels included the Talic, Joe Lubin, Kobe, Hassu and more. So some some big names in there. Clearly it was, I mean, I feel like it was a well kept secret, you know. Yeah. Again, curious for any thoughts you have on this one. Seems like somewhat of the big deal.
Yeah, look, 100,000 TPS, that's kind of where Solana was aiming to be after you get Fire Dancer. So just to print perspective, we haven't seen anywhere near those sort of TPSS on the L twos, obviously not the L ones, but L twos we're talking about at peak. They're hoping even after like Proto Denk sharding to get to get into the thousands, let's
say, but to get to 100,000. The I haven't looked into exactly how they're going to do this, but that would point to, you know, a very, very quick EVM chain that could that could definitely rival where where Salon is going. So, and those sort of people getting in are are pretty obviously they're Titans. You've got to assume that this this probably raised at around a $200 million valuation if
they're raising 20 million. So if people are getting in there, they're probably hoping even then when it launches to get in. I don't know if this was the seed round as well or if this was like a Series A or whatever. Seed round. Seed round. Wow. So that tells you a lot. That tells you that they they think they're going to get a 10X
on a seed, right? You wouldn't really invest in a seed unless you think you're going to get A at least a 10X on it. So we're talking about potentially, I don't know if this would be an L1 or L2. It's a little bit difficult for me to tell, but we're talking about a multi billion dollar coin if it were to if it were to come. So that's pretty bullish. I don't obviously I don't know when it's going to come out or
how it's going to be done. It obviously has links to EVM with how metallic and consensus have invested in it. But yeah, let's see how that one develops. It feels like that's probably the hot narrative of 2026, you know what I mean? Rather than leaving now, so. They've got the brand. You know, people talk about crypto having a bad branding mega ETH, good name.
It's it's a good one. Maybe we come back to the debate just for Ben. I don't want to talk necessarily about the the substance of it. A a few surprises. I had one. So the pump pumped up funds. Samira, you you were you were a sleepy. I think the, the TLDR is I don't, I don't think you've missed much like with respect to action and I don't know if you're kind of deep in the pump streets these these days or not.
The, the basically my read, I was in chats with, with folks who were like grinding hundreds, hundreds of tokens. Every single word that was said was being tokenized. So, so not just like funny words or, or or missteps. Every single word was launching with multiple tokens. I think 65,000 tokens launched on pomp during the 90 minute debate, just to give you a, a sense of the velocity.
I don't think many really escaped and caught much escape velocity during the debate, which which that surprised me. I thought we'd see a little bit more, but perhaps just the, the liquidity was just too fragmented across the board for it to happen. So that was a surprise. I think it's, I don't know in, in hindsight maybe it's more obvious, but all the the majors, they all sold off. We did say that. Come on. We did say, we did say that was this was a sell the news event.
And I think we actually called it pretty well for you yesterday, if I'm honest. We said probably bet on the VPS and if not, then bet on the bet on the I wouldn't bet on Bowden. I bet or Trump if he's doing badly, I bet on like Michelle Obama or Newsom and they all did well. So I think we we actually called that one well. Yeah, the Bowden token looks like it's in rough shape down, down basically 40 percent, 55,000,000. The I guess the, the, the one right?
I hope so. The, the, the take away right after the debate is the, the Dems have to pull Biden. We saw CNN, which leans left liberal. Basically they're they're all panicking, hitting the panic button saying that the the Democrats have to replace him. But unusual whales, folks, this morning, they posted this just an hour ago, CNN reporting that not only does Biden not plan on dropping out, he is committed to a second debate in September. So. So granted, that's still a long
time away. Yeah, I mean, I think you have to realize that the that this is a career politician that is in has just gone into gone into office. If he were to drop out now, he kind of leaves half in disgrace. And so his he and to be clear, they've left it now until now, the only person that can get rid of Biden is Biden. He has to step down. There's no Electoral College. They've already pledged their votes, right?
So there's no there's nothing that can happen now for, for for him to drop out other than Biden. So you really got a man here that has to basically fall on his sword and probably bruises ego to go out like that. Imagine if today he he left. It is a little bit, it is a little bit difficult to see how this happens because he will, it will really, it will really look bad for him as a man, I think
to, to step down. So I don't basically what I'm trying to say is I do think that he probably will, but it's, it's not going to be some like, oh, tomorrow I'm going to quit. Like he might go, I'm going to do one more, I'm going to have one more fight at this and I'm going to, I'm going to try and leave on my terms rather than getting ushered out because I had what because I did this. So my guess is that he, he probably has an he, he probably does do it the other debate.
And then and then he'll then he'll, he'll, he'll leave. He just can't, he just can't leave like that. He he's been, how long has he been in Washington? Like all of his life, right. So. He was talking about that last night. Yeah, I think since he's in his young 40s so. He's been his. Dream. Right. This has been his dream all his life. Part of the reason I think we he hasn't gone down already is 'cause, you know, he clearly does have an ego to to, to want to still be in there.
And this is just, that's just not the way he would want to leave, I'm sure. But yeah, I mean, it's disaster, complete disaster. There's no way he would that that guy wins versus versus Trump. Yeah, so it's interesting. I, I listened to a few podcasts on my drive down to Indianapolis and most of the the leading election modelers, Well, we talked about Nate Silver had it at 66%. The modeler from the economist
actually had Trump at 70%. So he was already a huge favorite headed into the debate and, and now you can only imagine that the edge is much bigger. I do see your point on by not wanting to go out like this, which certainly makes sense. I think watching it last night, it was like, how did, how did his wife, how did his team let this happen? You run test debates like you had to have known. Like what? His capabilities are clearly not there.
Which led, you know, to the conspiracy theories, you know what, what's actually going on behind the scenes? I just don't know if, if he can step down after September with, with some of the the time constraints and I don't know all the details for, for how that works and getting on the ballot. And that would be after the DNC. So the DNC takes place in mid August. So that's where many think like
Sukka, stupid idiot. He's been pounding the table that they're going to replace him at the DNCI. Think it'll be a late? Yeah, I I agree with that. So I think I've frozen for some reason. Oh no. What's going on here? I think it'll be a late. I'm gonna come back. Give me one minute. Yeah, that's fine. While we wait for Mando to to get back, those were a few of my initial takeaways. We talked the the VP tokens, so the, the nominee tokens were the other big story.
So the numbers are actually down this morning, but Newsom Nos is up 300% at 5 million. I think that hit like 10 million at peak. This other Newsome token up 300% at 1.3 million. I think it hit 5 million at peak. And then Obey, Obey was up 40%. It looks like it's since retraced a little bit. So that was where the the primary action was again and we
talked about it yesterday. The the question for the rest of the board here is like, what is the next major attention event for the, the, the tremps, the Trump's, the maggot tokens out there? I I don't think polyfy goes to 0 but if the next debate is until September is it gonna be just chopping down? I think, yeah, I think it's it. All of these coins have just become a little bit more difficult. And here's the reason. If you own Trump coin, you were hoping for a tighter election.
If I'm honest, you're just, you wanted it to be kind of like a protest vote. You wanted it to be a, a really close election. And now it doesn't feel like it's going to be that. So you're probably owning that, like assuming that he's getting in. And I, I think the coin automatically becomes less cool when he actually becomes president. You know, you know, like how it is they'll, they'll all tear him down when he, when he gets in as well. It's the same with any politician.
You know, they're a hero until they get elected and then, and then things just very quickly change. So I feel as though that coin has become a little bit more difficult on the Democratic side. Like you just don't know what you should buy Bowden. Bowden as, as you know, as, as a meme made sense. But now there's like basically no chance of him getting in. So then you don't want to own that because there's no way it's and it's not a tight election either.
So that's difficult. And then I think for the next candidate it's difficult because it, I don't think he, like I said, I think he does another debate. I think he, he probably tries to go out on his terms or maybe he does, you know, his own speech or something like that. He definitely wants to leave on his own terms. There's no doubt in my mind The Who do they bring in?
Who is going to be that last minute replacement that is their political future to a certain extent, I think Newsom probably thinks. Newsom's got the market's got Newsom in there right now, 16%. It's probably his only chance to be president, if I'm honest. You know, you got to think in four years he's probably going to be up against Michelle Obama,
I would imagine. And I think the Democratic, I just Gavin Newsom is a career politician that doesn't really tick many of the boxes, I think for the Democrats. And I think this is probably like, well, I'll have a I'll, I'll do it. I'll step in last minute. He he speaks eloquently, but he is kind of a career politician just like Biden. And I think he probably the most
likely. But so yeah, maybe you own Gavin Newsom. But do you own Gavin Newsom for the month that he is or two months that he is relevant in this, in this election? And then it's over it. It's it's not easy now. It's really that's a struggle. Wins. I, I think we're at a point where if you have strong conviction in some of these plays, it, it likely makes more sense to, to play polymarket and, and try to get these odds with your guaranteed payouts
versus these tokens. Like I actually think I, I traded a few of these, I sold some Newsome this morning. I, I don't if, if the best case is a replacement at the DNC in August, that's still 6-8 weeks away. Like, I don't know that it's gonna be, I think it's gonna be hard to keep the attention until then. So like last night was the attention event. We saw that and now everything is retracing.
So I mean, of course that can be invalidated if, you know, some, some breaking news comes out or if, you know, he starts getting on the campaign trails. But but that's my view. I think a lot of these the dim nominee tokens are probably going to drift out until we're we're closer to an actual event. I think that on the Republican side's a little bit different because I think Trump is perhaps more likely to announce soon. But you would see Burgum. Burgum took a bath.
I think they all took a bath a bit yesterday. My favorite one continues to be Tremp because I think, like I said, if he gets in, Tremp is a better like meme if you and if you don't like Trump or that you make like a mockery of him to a certain extent or just, you know, just like a mean version of Trump, even if you're pro Trump. So I prefer Tremp out of them all because I think there's a very high chance that Trump gets in. Let's say I think now 70 to 90% chance that he gets in.
And then I think Tremp is probably a more relevant thing over his or stays relevant during his candidacy. So that's the only one where I feel like, yeah, that could that could two or three X from here in my opinion. Yeah, that's an interesting call. I would agree with your logic on that one. So so may have to take a look. I think the other thing that jumped out there was a line. Will there be mentions of crypto or Bitcoin during the debate? I think it was like a + 150 dog
didn't hit. And I think it was a little bit of a, a reminder like we, we hype ourselves up on, you know, how much of an election issue crypto is, and certainly it is for crypto Twitter. I, I don't think it's a top five, perhaps even a top 10 issue for, for mainstream America, at least that's not what's, I mean, it's, that aligns with what CNN thinks like to not even make it a question
in a 90 minute debate. So I think that was a little bit of of a soft reminder that we're not quite there yet with with respect to, you know, mainstream top of mind issue in an election in 2024. Yeah, I think there was some obviously expectation that this was going to be a topic for CNN. I I don't know. So who's doing the next one? Is it Fox? You know what I don't know?
See if we can find it. Out you know like it's definitely not really a a left-leaning issue really either crypto so maybe maybe they decide just to avoid that one and it'll come up if. You get as possible. Oh, it's hosted. Oh, CNN again. Is it double CNN? Oh wait, Oh wait. Sorry. ABC. ABC News OK, look. So that's pretty fascinating too on there. Isn't ABC owned by Disney? I don't know. Yeah. So I would say that the yeah, maybe this comes up, but it's
definitely not on the top. I mean, they had some pretty big issues there, right? Like if you went through, they went through like abortion, foreign policy, the border, you know, they, they hit some very big crypto was not going to be one of the top ten issues that was mentioned. I think it's, it's more just a popular thing that Trump can can jump on when he needs to, but it really does.
If you just start talking about crypto, you're basically just playing into Trump's hands there, in my opinion. So that, yeah, that makes sense that they wouldn't tee that up for a question. So I'm with you there. We'll certainly see. I, I, I do expect the Poly fly section to get a little bit more quiet in the days and weeks to come, but it's not gone, you call it? Politify or polify? I just coined this name Polyfy political finance and you can kind of throw the Poly market.
On it, I prefer it actually because it rolls off the tongue a lot better than Politify. But I don't know what people are using. What are the kids using these days? I don't know. I think we we make polyfy happen. I'm ready to to take that stand. Also, folks, code for interstellar FOMO hour intercellar. That is the code go into that over intercellar dot IO. We'll we'll start running those giveaways here in a few minutes. Maybe shifting off the politics here for a minute.
The other I think surprise of the day. People thought roaring Kitty had had taken his GME shares and just running off into the sunset. It looks like he might have another play up his sleeves. So he he tweeted out this this picture of a dog. Apparently this is tied to the the chewy stock. Yeah, I heard about this. Yeah. And it it briefly spiked, let's see, 30% up to $30.00. So this thing's got a market cap of 11 billion. So that would have added 3-4 billion to its market cap and
it's since has fallen back down. It seems like these roaring Kitty pumps aren't lasting quite as long as they used to. I think that that's one of the takeaways here. Of course, we don't really have any other information besides this picture this. Points to him having the fun though, right? This the the fact that he's now running these sort of plays on a regular basis. I feel like this points to him having outside capital.
Like if it was just him fucking around on GME on the live stream he's like oh OK cool I can get behind this. But if he's now just gonna roundly post images of different of different stocks, I think this guy is clearly got some other people who need him to do that. Yeah, it's a little you question some of the motives. I will say that the folks who see it and know how to act right away, there's there's some money to be made.
So this Chewy token on Solana, it's still up 2200% on the day and it's at it's at 700,000 market cap. It looks like it hit 7 million or or at least 5 million. So it was like like 10,000 X if if you caught it. And now that there's additional so like this one had been around interestingly. So this one launched back in in May, it looks like and it it basically just been a stone zero and then it rallied pretty hard. And then some new Chewy.
Some new Chewy tokens have been spun up here in the past day as well. Didn't touch these. I didn't see the news until much after. And again, most of the move looked like it had retraced. Although it looks like it might be steaming back up. But gotta keep those noties on for Roaring Kitty it looks like. The thing is like you, you have to be in the streets to see this sort of stuff, right? Like you to then have caught this token like it's not the, it's not the easiest.
You gotta be fast, super fast. That's just the the the world like now that whiff, it felt like whiff is going to break out and now it's it's all the way back to two and doesn't look so great. That chart if I'm honest. The one chart that looks good. Mog, Mog, everyone's favorite political coin. You know what's been weird? I've seen the term mog go a bit more mainstream. Like there's a few people like who are using it now. And that's something that I did not see happening.
Like this is a real crypto term that has now seemingly going into the like wider vernacular. I don't know, I agree with. That having mog now like obviously man of God comes up, but like this concept of being mogged is well, I mean. Elon. Elon said it on the stream. Right. Yeah. He did. He was on like some gaming stream. He said mod and. He said it like in the actual context.
Wow. OK, So then yeah, this is something that's just interesting that it's like this very, very crypto native term that is seemingly catching on. Obviously that was an all time high for them. They've got The thing is for me is that mod never really had
volume. So it never really had high holders and never really had volume, but it had a bunch of die hard holders that like if you go to the top holders, like if you click on their top holders, you know, like the number one was like 50 million and then and then there's some big old holders of. Mock. Oh my God. As you go down that list, because there's only 20,000 holds, 22,000 holds of this thing, right? Like that is very low for a coin
at six. Like the average holder of MOG has 30,000 mock put that in perspective. That does not happen normally when a coin gets up to a certain level, but you have a bunch of people who are just die hard in it. But the real thing that's happened is they that the volume has gone really high. So I think they've brought on some for some like strong market makers that have really helped boost that and that's allowed them to get proper listings. So they got a they got the buy
bit listing, obviously. I think the the big one now would be if they can get a finance listing. But this volume, this volume is more than most meme coins out there, like Mogg is now a clutching and that was never the case. Like the most other ETH meme coins don't really see big volume. Yeah. So yeah. I mean, it's it's two it's more than two X the the next meme coin on the day, even on the day where like Poly 5 is super hot. It's double MAGA, it's double it's it's nearly triple trump.
And I'm with you. I got I I checked these these decks leaderboards every day and like mog isn't usually up there in in volume and now it is. So it looks like a the the. The comments are saying that it's a Jimbro term. I didn't. I didn't know that. Yeah. I knew man is God. I didn't know like Mog being mobbed. It was a thing before crypto. I'll be totally honest, I I still know exactly what the word means. Like if I had to define it for. Yeah, I think it's just.
I think the millennial term would be like punked, you know what I mean? That's what being mold is, yeah. That that's the only context I know. So I don't I guess I understand that the gym, the gym bro, I guess it could still be the same, but I mean shout out Congrats to the mock holders. It's certainly a a a big day for them. Just rounding this out like we talked a little 19. We don't need to go deep into it, but folks and the teams are quietly doing well.
And and perhaps the biggest surprise like who would have predicted that it was the Yuga assets totally leading the way in this post farmer world given where sentiment has been in the in the last months leading up to this board. Apes back over 10 up 13%, mutinates up 27%. They got flipped by Remelios and I have to imagine like Emilio's not in the top 15. They don't even know what they what they're at, but they've been re flipped so that. You never ridiculed it us on this on this stream.
Was it yesterday or two days ago? Like it's the the assets that have been massively farmed I think are the ones that probably rally the most. Yeah, so yeah, what a pudgies maladies haven't really been farmed as much, have they? But right. I'd say Captains 2, which is kind of why those two are a little bit more even. But I mean it, it's not just the, it's not just ETH and the farmed entities. So the monkeys up 11%, Puppets up 12%. That puppets token was the winner during the debate.
That was just a coincidence. I think it was up like 60%. So that thing got down to effectively $6 a token. It was back up to like 9, closer to 10 saw a rebound in the puppets market on that as well. Let's see how the runes are doing yeah, it pops up 45% on the day. So it's doing well and even the Salada NFTS are are catching a bit here on the back of the ETF. So mad Labs back up 8% at 73. That's the highest they've been in in weeks SM BS up 10% a few others. So so welcome Green.
Not a whole lot else to to say. Hopefully this trend continues. It's tough to get a little too tough to get over excited here. Well, it was just a a few days of sample size here after the the blast AirDrop. But the the reality is the incentives are much the the the lowest they've been to farm entities in the last two years basically.
Yeah. So I think The thing is, if, if these were new collect, if these collections didn't have big farmers who had probably hundreds of NFTS, you would you would probably be like, these could really rip. But I imagine if you're a farmer right now, you're probably waiting and then you're, you're probably going to unload a clip. So I still think we'll probably have it'll be up the stairs, down the elevator style moves, you know what I mean?
Like like we'll we'll slowly HR as everyone feels a little bit safe and then somebody will dump like 50 doodles. But I yeah, I, I do think this is healthy. This is that the healthiest is looked. Yeah. It feels that way and yes, caution is warranted, not not coming out here and saying just slam the buy button on all of these and throw caution to the
wind. Still some farmer bags out there Sims. I I think that runs us through most most of the stories I I had on my list yeah, we talked to mega E Coinbase the UFCUFC thing real quick. The UFC story I think is cool. So they partnered multi year partnership UFC and block assets. This block assets company has a token, the block token, and basically all the block holders will now get access to UFC fights. They'll get they'll, they'll get tickets, travel, VIP meet ups and more.
It's just, it feels like one of those like the real utility use cases for tokens that we haven't seen like unlocked in that many places. How much do you reckon they paid? I just I don't even know where to begin with a guess on on that it's. Got to be a lot right like imagine the distribution of the UFC right now. I think it's got to be 10s of millions, 10s and 10s of millions in my opinion.
I didn't know block I I hadn't really heard of block that much before this block crypto like there's a lot of things called block and crypto. So this was like, wasn't really on my radar, but. Me either, but they've got a token. Yeah, the the token soared 100%. It's what? Is the token let. Me. Let me find it.
Is it just block or block asset? Block but you you need to search block asset to get it. So that's got a $20 million valuation that seems low compared to what this deal could be like to sponsor, to sponsor things like that. I mean, even Crypto Fight Night or like Karate combat that can get into like the low millions even I think, or like at least the high hundreds of KS. So the idea that you I don't know, but let's say it sounds big versus that Mark gap. I thought that would be like 100.
It's a 50,000,050 million fully diluted. So maybe they, maybe the. Chunk of tokens. Ten or something like that, Yeah, I don't know. So I mean, it becomes one to watch. I mean a massive partnership, I mean, we have to we have to give them credit, one of the the biggest partnerships that a a crypto team has landed here in multi year. So this is this thing is locked in. So yeah, block looking good coming down a little bit from
high. It looks like it hit what, probably 25 million or so yesterday? What do they do like? What does? What does it? Do. It looks like they they called themselves the Sports Network. I I haven't had a chance to to really dive in to exactly what they are. Vague, vague and crypto. All right, so they've got a sports back. They've got a sports book in a casino it looks like. They've got a sports book in a casino. OK, So it's a casino, OK Yeah. Wayne Bruni's on the on the on
the front page. So they've clearly got who who are these people? Men like this it seems like not a scam. So this seems like probably backed by some decent people. So yeah, they've they've got the network, Yeah, it seems worth looking into I think and some tweeting about yesterday. I don't know if that's a these. These days. Yeah, it looks like they've got this social engagement tool and rewards program here as well as they try to build out the the media network.
Amber, did you buy the Amber Rose coin? Did did you? Probably. I'm I'm Mark safe either for for for good or bad. I'm taking a a personal pause on the the hot slip coin of the day. Also, I'm not, I don't really know Amber Rose all all that much. I'm not deep in that Amber Rose. No, I don't. I don't have much to know really. But yeah, they're going to run it up. I think she's she's called a coin. Mother, Mother. Is. It east East End a British accent, but I assume that's.
Is it officially live? Is it? Is this? I think it's MUVA. Oh, good mother. All right. There we go. Oh, there it is. Oh shit. 12 million, right? Yeah, this thing moves. Look at. That thing 12 million about to go to zero, 12 million. 400,000 liquidity, let's see how many holders this thing that decent amount. Well, we're not slowing down. We've got third guy in that's the lead for Romania or about maybe he's there already. I I forget the details of his tour.
At the end the other day, because I was like, dude, just get yourself off Twitter. Like you don't need to, You don't need to be catching strays every every day. But like Romania are in the euro still. So I think it's going to be quite a fun time to be in Romania. I think they got through. Oh, nice. So I was like, yeah, you should hang out like Romania's. I've been to Romania, at least the capitals. All right.
I don't know about the the depths of Romania, but yeah, I think he'll have a he'll have a good time. If he wants to have a good time, he'll have a good time. Yeah, see, I imagine that's a fun place. Eastern Europe's one of those things where like if you want to do whatever you want to do, you can probably find if you want to have a good time, you'll have a good time, you'll have a devious time. You can find that.
If you want to do you want to have a nice time in the countryside, you can probably find that like there's a lot, there's a lot you can do. Yeah, I think Budapest and Prague are the furthest east I've made it. And I agree with your sentiments there. There's a lot you can get into in those cities.