Yo-yo what up? What up? Good morning. Good morning GMG July 5th, 2020. Look at that another beautiful day to have a beautiful day. I got a special Co host in the house. Deez Deez what's up brother? How you doing this morning? Doing well man, first time we've been on a FOMO hour in a minute so feels good. Nice to see you're back in the States out of Europe. We're in the freedom time zone now. We're in the freedom time zone. We're in control now. We're back on east.
You know, the one thing I like here is Eastern Standard Time. Is that the freedom time zone right? It's the only time zone that matters. I you know what, as someone who, who, who wants to move to Europe, I agree with you though. It is it is the time zone that matters. It's it's where if you. Think that you could go to the Caribbean instead of Europe and then stay on Eastern Time zone but but be out of North America? Or is that not not an option? I actually, I did envision that.
So there's there's an that it is an option. I'd say it's the smallest one right now, but it is an option. I the Cayman Islands aren't Eastern Time. I'm just saying. Raul Palli. Yeah. I mean, it's they're good time zones down there. Dude, Raoul Powell is living in the banana zone over there, Banana zone, which is, you know, Speaking of banana zone, we're not quite there. So today on the show today, say, listen, we're we're gonna have fun. We're gonna jam Deez and I Benny
made Popeye red beard. We never know, but I'm pretty sure it's gonna come. So it's gonna be a fun time. So we're just gonna talk, you know, markets vibes, state of the state of the Union. You know, when's the last time you had Deez and I? That's like back to 2021, like OG day. So better times. You know, yesterday I posted bring me back the Constitution, constitution DAO days of of a tweet. I quote tweeted and that those were the days.
So let let's chat about this. Let's chat a little NFTS. Let's see what's good and where the wind takes us all some three see stuff with with spinning art still, which is hilarious. And then, of course, it's Friday, which means robit spins. So 2 lucky people that are listening live for Robit NFL four more hour NFL DS. You know what I'm I'm adding that gonna follow DS DEZED EE ZE these FOMO hour and robit for a chance to win, potentially a punk.
Worst case, you leave off with the red guy, so that ain't bad. But anyways, all right, so these Tommy sober these sober months. You're going for two months, right? Maybe three. We'll we'll see how it goes. Honestly, I don't really have a, a big will to smoke weed anymore, if you can believe that, you know, we're 30 some days into this and I don't really, I, I can't objectively say that my life is worse without it.
So the only downside is that pretty much since the day I stopped smoking, everything has just been down. Only I, I, I stopped smoking Bitcoin was $71,000 and it's just gone straight down and taking everything with it. And like, you know, on paper, we're down over a million in net worth and shit. So whatever it, it makes me question why I hold so much vaporous garbage and why I was
so greedy a couple months ago. But other than that, that's really the only complaint about silver summer is that the price has just been down. That I, you know, I think that's just correlation does not equal causation type shit. And we, we got to live with it. This is this is the Sears in where like I actually don't open coin market cap like I'm not
even memeing or anything. I usually so in front of me right now at my screens right on the left screen as you have like 8 takers open bitcoins a lot uneath always with always Pepe Mulg always at all times. I know their prices any minute of the day. You can ask me what's the price I know the price right now. I'm not checking price, you
checking price. I yeah, I have like 50 tickers up on that Screener. So bitcoins been down only for the last month, but there has been there has been some good opportunities. Like, you know, we look at Mog Mog it's up over double where it was like 2 weeks ago. Shit like Zen had a run. You have Billy just going straight up. You have, you know, good action in some of these all coins, even though that I mean, lock, lock in is, you know, you have Vidamo on grinder showing our bags to
people. There's been some good price action even though the majors are just getting completely shed on. No, look on the four hour chart, like you said, like I'm going to do this here. It's all about how to make it seem. It's everybody. Listen, listen up. It's all about how you make the chart. Look, there you go. Look at this chart. This is nice. There you go. Yeah, I mean that that that doesn't look nice. Well, here, there you go, this. What is this, a dump for ants I?
Had to go throw my phone in another room 'cause I can't fucking meet it. I'll be right back. Yeah, typical, typical tour space. By the way, I think it seems like there's a bug on spaces. A lot of people seem to not be able to listen. I'm getting some messages and then for some reason when I share the space. Let's see. I shared it and then it did that thing where it said the details were not found or some shit. Yeah, it says it's not available, right? Yeah, details are available.
It's available, so I think it's fine, but maybe Twitter's just, you know. Is lagging just come watch the show on video. I posted the broadcast link and Famar did too, so watch the video stream. Yeah, I'm looking at NFTS right now. They don't look great. What are you looking at? Tell me what's Just blur and tensor, just like the top volume on the week. Pudgies are back to 10, apes back to nine, my lady holding pretty steady at 5. Mutants retraced a bit. Yeah, look at that.
We're not, we're not having the momentum that we had. The other, you know, we had some nice momentum off the bottom there. We had mad lads over 100 for days but that that's retraced back down to 70. Five with your dogs. We we are. We are professional round trippers, aren't we? We didn't sell. Dogs for 2 1/2. We didn't sell the Gordon Gonopop. I I did. I sold like six of them.
Sick. We have a. I, I selling the, the six or whatever got my cost basis back for the other 47. So I, I can't complain too much, but I, I know they're not going anywhere, so I'm just going to hold them and trust the process. And there's some other things that look interesting. Like I, I feel like I should have a mad lad at just the risk reward on buying one doesn't feel incredible. It's like still 75 soul. Whoa. Or 79 Sorry now. Let me see what do? What do you?
What do you? What do you think? Wait, what? What do you think happens now? Right? Like when aren't these NFTS going to see some? Light, I don't know. I mean, if, if this, you know, if we break this range and, and stay under here, I don't know how long it's going to be like I can see us going on the 52 K. Maybe, you know, we didn't fully have the dumpster and we go a little lower. Like I, I don't think we're out of the woods here.
I think we, we would definitely want to see price at least close over 58 K, ideally over like 61 over the next three days, but a little pessimistic. I think could be a shitty summer, at least for the majors. Like, you know, Bitcoin looks worse than ETH right now in Solana, so I think that'll just drag it down. Solana's at Solana's on the four hours again, you know, so I like it. You know 131 that's not last week was worse. I'm pretty sure right was in Solana last.
Yeah, I'm, I'm just watching the Salani ETH chart and as long as this is over like point O 4, I'm I'm stoked like that. That's really the more important chart for me because. Oh yeah. Look at that. Look at that. We'll take that. Let's go. Yeah, I mean that that looks fine. Like even if all the prices go down, if that goes up then I feel like I've made the right decision last year dumping most of my youth in the Solana.
Oh my God, yeah, look at that. I. Mean S&P is a new all time highs. If we completely diverge and just keep dumping like that feels really really really bad. What do you think about becoming? Should we like start a stock show or something like should we be? I mean my, my stock exposure is literally just the SFP. Like I just have a a very nice nice chunk of it sitting there doing nothing. I I can't imagine me ever going to a world where I try to pick stocks like that.
Just does not seem like any type of world where I have an edge. So it's like a big like if you're in crypto pivot to try to find a moment right now. I mean that's why we need OSF and and Mando around so we can ask them what the fuck to do. Obi just got a kid. Yeah, I mean that. And Mando's in Majorca right now for the Real Vision event. So, so he we're, we're doomed, dude. We're by ourselves. Dad's over. The. Inmates are running the prison now. Oh. Wait, that's crazy. That's insane.
He's here. Insane. That's the craziest thing. Mando Five. Not even microseconds ago we were talking about how you're not here and we're on our own. That is great. We have another record. Massive GM Mando. Mando just showed up. How you? Guys doing can you hear me OK? Yeah, yeah, we hear you. You're here. That's all that matters. How? How are you doing during this downturn? Are you just chilling? Are you buying? I'm in, I'm in Majorca right
now. So I, I took a flight because there's a real vision event today, like a conference thing. So I came for one day at night and then I don't know, as I was getting onto the flight at like 7:00 AM this morning, it was just a fucking blah blah. I think, I think Solana looks good to me right now. Maybe some of the memes look all right, but it looks so bad. But some of. That memes look good. I I can't believe how strong belly is. Yeah. Are you in that these? No, I'm a fucking idiot dude.
I I escrowed a, a $10,000 coin flip for Jeremy and this Billy whale who has like, I don't know, one or $2,000,000 worth of Billy right now. And that was when the price was 5X ago. So I don't know why when I escrowed the $20,000 coin flip that I did not also buy some Billy that that was kind of a mid curve move. But yeah, it's just been crazy to see how strong that is. Yeah, What is with this coin? What? What even is it? It's a dog dude.
It's a cute dog that had good insiders who didn't dump the token early and they just keep posting the dog. It feels a lot like with where I just see it on the timeline all day and it's just a fucking dog. That, that's all that people want, right? Like on it you want proper whales. Some people are saying since Anthem isn't in it, it's like dog without anthem. They like that. Like I, I. Don't know. Am I meant to move on my whiff to Billy? Is that what you're dialing me?
No, at this price, like look at that chart, I I don't really want to buy that right now. That's. Yeah, it feels like one of these things that will be really cool until the first big Wick down and then everyone's like, Oh yeah, I. Don't know. Yeah, not really. There's going to be some point where these whales with a a couple millionaire like, yeah, that would be pretty nice and. Exactly.
That's what it feels. Like the 3.4 million in the liquidity pool is not going to be helpful for multiple of them to exit. We've we've had a few of these like Mitchy and and I guess they were all cats recently. This is the first like dog that's had a run. But base 16 Z seems to be big in it, doesn't he? So yeah. He does. Everyone likes that. He's kind of the face that he's kind of the face, right? Oops, you got a face free right now, right. So that's wait, I'm bugging.
There you go. I'm back. Mando, can you can you give us some some reassurance here? I mean these now we're talking about the SMP. It's pumping like crazy. We were talking about how we need Mando and OSF and then all of a sudden here like Duck Jesus, it's not even a joke. I'll show you on the replay after you appeared. Let it duck Jesus appear out of nowhere. I mean, how do you feel about the market here? Yeah, it's not not macro.
It's causing us to go lower, but macros keeps hitting all time highs. And we brought up Tesla the other day, right. Like Tesla's up. It's reversed all of its declines this year in three, three days. Like it's had massive, massive candles for all these tech stocks. So you can't really look for. Yeah, Well, the stuff that me and Noah Seth know about like that, that would just point to us going higher. Everything's going higher in
macro. This just feels like the German government and and Mount Cox, which I honestly thought people would. That's the reason why we had been underperforming already. But then to see these like final big Wicks on the on the transfer of these funds, I don't know. It just felt like a little bit. I just thought that I was already baked in, but it looks slightly oversold now, like all different metrics again, particularly all coins, man, all coins have been absolutely fucking hammered.
We bought like before we were on the flight. We bought a bunch of Solana, myself and OSF but we haven't done anything else today. Nice, did you get in at like 1/21/25? No, it was like 127 I think. I think it was 127. Under 130 feels nice. It just looked like that was the strongest and it like I like the Seoul BTC, Seoul E charts. They just look good to me. That that makes me feel good because right before you join, that's what I I said is like I just look at the soul ETH chart.
That looks good. Still, you know, pretty happy holding most of my crypto net worth in Solana. It is wild that that ETH is below 33K again. With the ETS like next week, right? I saw that handle change and I was just like what the hell is going on? There was a. Whale, there was a whale that was there was a whole Ave. thing with the whale that had to liquidate right and then the price. Yeah, I saw that. Yeah, yeah, there was a whole Ave.
ETH whale or whatever. I'm trying to figure it out for you guys right now, but. That like look on Shane account posted it. I thought they bought back their position right after they covered. A whale pumped 26.6000 ETH 82,000,000 at 3100 thus causing the price of it to drop at 3.4%. Then create a new wallet and borrow. They're still underwater. Yeah. So they're still underwater, so.
Yeah, look, you, you I've been saying what my like 8085% of my bag is just JLP, which is just this, this mixed bag between Bitcoin, Solana, ETH and stables and that one that's. That's looking good. Unchanged even on the weak, because these liquidations have been so massive that that, you know, that all accrues to JLP. So yeah, it's that one's been very, very comfy to hold. Do you supply JLP for like points anywhere or do you do anything with it? So you can supply it on on Camino.
But yeah, that's where I have on right now. Which is where I do do that and I I get points on the back of it, but mainly I do it because then I can borrow against it. So I borrow against it and like on times of big dips, often borrow against it and buy for a short term trade either like something on Solana or something on these. So it actually makes me way more disciplined. Like I don't just have it makes me look at these like short term trades a lot more. So yeah, I supply that, but.
It's not bad. You get 75% LTV on the, I mean you're not taking out a 75% loan against it, but it it has a pretty high LTV so if you want to take a big loan out you can. Yeah, you can take out a huge one and and that's something that doesn't, I mean the down days on GLP aren't really that don't really get them. So yeah, it's quite a comfy 75%. So it's yeah, that's what I basically do now.
I have that and I have Pepe and I have epic and then I put when I I want to do a short term trade in any of these, I'll just borrow against the GLP and and buy. You know what I don't know? I. Didn't go ahead. I didn't buy a lot. I mean, ETH looks crazy to me here. Like it's just how has that happened on the back of that news? Just seems kind of kind of nuts. Like I said, the only thing we bought with Solana, I don't know
if I'd buy WIF. You know like WIFF, we've really got rejected hard at that level, right? It got like, I don't know what the Solana beta play is. Basically what I'm saying it's barely. Clearly. It's one of these 35 different shit. Coins. It's one of the 5500 thousand coins being created a day. What do you mean? You you own the Solana beta? It's epic. Shot. It's Tammy. It's Pop Cat. I mean Billy. Look at Pepe here guys like I'm
looking at Pepe 3.4 billion. I'm like when it was 7, didn't we used to wish about a time like this? It was six. Yeah, dude, like 9. It's. Down 50. Percent, it's been Pepe is definitely the one that I'm looking. I was looking at today. But even though I'm looking at Pepe, right, it's not really bouncing like it's not bouncing even on a day like today. So like doesn't feel like the coin. Is holy shit, look at that. So Mogg's staying strong, but
Pepe hasn't really bounced. So some whales that sold Pepe over the last few, over the last few weeks that you could see from the look on train moves like some early whales sold. But yeah, I was surprised. Like this is the one of the first times where Pepe hasn't really bounced because which makes me think that it's really being treated like ETH because ETH isn't really bouncing either here, right? Like it's kind of, it kind of hit 1850 bounced.
It's bounced like 3%, but it's not looking good. So I don't know. I just don't know what the the beta play is for Solana is basically what I'm saying here because I don't know if it's with, I feel like Solana probably outperforms with if you look at the year to date, have you looked at like the top 100 year to date charts? I bring that up on coin market cap. How do you so I go year here? Where's the chart?
Two point market cap and then I think you can probably customize the the yeah, customize the homepage so it has the year to date. Year to date apply changes and. Then bring that to. Like oh, it didn't work. No. Customize year to date. Let's remove like no, Oh no, there is year to date. Let me refresh. Bring it to like the front. Do you guys know how to do that? Oh fuck. Well that is yeah, worked for me. Yeah. Yeah, so I go I. Mean year to date mantra #1. Go to customize Pepe and then
bring that. See, see at the top, see at the top there, No, go slightly higher, higher, yeah, bring that. Yeah, yeah, put it right there. Yeah, yeah, apply. There you go. There you go. All right here, look how crazy I'm sorted. If you start getting, if you start going out of the top, you go out the top four or five like. Celestia. These are one of the worst year to date. Celestia. Yeah, go the other way. Look at that. Optimism's down. Yeah, it's rough, all the L twos.
Remember Ordi? That was meant to be like the fucking meme coin on Bitcoin of Arbitrum Fox, say, which was the new narrative. Sandbox metaverse is dead. Yeah, it is a fucking bloodbath out there for the top 100. This has been like no other cycle really in that you have you just never really had the rally. It just, it just went down. What if we never had a bull
market and it's about to start? But the book, this is the thing staying up, why I brought this up is because Solana, ETH and Bitcoin are all up like respectably like 30% this year and everything else is just like absolutely sort of destroyed. So to be away from them for any period of time, you've got to really believe it. There's only been a few old coins, a few mean coins that have really that have really outperformed so and I don't know like what is that meme coin now
on Solana or on ETH? Like I would have bought Pepe on his dip, but it doesn't look even that good right now to me. Like it doesn't really want to bounce. WIF doesn't really want to bounce. So maybe you just meant to just own own Solana? Yeah, I mean WIF is still up 1000% year to year. Is 1000%. Like, you still have a bunch of people who are up probably looking at it, thinking what you're thinking. Like, why would I maybe hold this when it doesn't look as strong now? Yeah, yeah. Fuck.
Well, it is what it is lads. I mean what, what? What do we do here? Like, just fucking enjoy the summer, right? I didn't realize like ENS is up. Pretty nice year to date. What the fuck? That's for being really randomly. Yes, people were right the entire time. Holy shit, look at that. You know what I mean? There's a couple of these, Yeah, that. You know they always get picked on but shit, what's the year to date on ENS? 125%, that's a great and obviously Ton has been on a year this year.
Yeah. Which have you been messing around at all with the ton ecosystem? Like playing the hamster race or any of these. I downloaded, I downloaded hamster combat just to like play with it. You know, it's a fun game. I don't know, I think they're just going to like you can tell they're going to do well with that. Telegram just feels like the place to be right now, but I don't know if there's that much money to be made.
There was that not coin that came out, which is like the meme coin, but then that's been destroyed. Like that's down like bring up the not coin chart, like that's down like 60% from the high 70%. And that was that was only a few weeks ago that high. So that was. And that's I don't know. Every yeah, that's still over a billion, but look at that like that's that's not that's not pretty. I hit I hit two point 2.8 on the
on the listings. It got listed on finance right, but and also the gaming coins in general like not coin is slightly a gaming coin because it's meant to be the coin of yeah, some of the games gaming coins are just. Gaming coins on Yeah, I mean, look at this. Roy, dude, look. At gaming here, look at gaming on fucking year to date all the way. Around do a two-month chart, do a two-month like. Customize it to show 60 days if you can, know if you can.
I don't think so, but yes, it's still like look at just year to date. Like this is wild. Yeah. Oh my God. It's not what we like to. World yeah. So I don't know like I feel I feel The thing is I thought that this trend was slightly had slightly been gone too far as in like all these utility style coins have probably become oversold and then they've literally gone down another 5060% over the last like 3 weeks.
It is it has just been insane. And Solana like put in a higher low just now, you know, like it, it's very tough with I just I really don't know what the player is like as in if you're trying to now make it back on a 10XI don't know what you buy because I don't know if it's these old coins. It's just like fucking hell, like the bag holders in some of these are going to be horrific. And then the meme coins, I think it's you have to buy this like the hot coin on Solana.
I don't know if you can just buy whiff anymore and just buy and hold and assume it's a Solana beta coin, right? So yeah, I think, I think it's a dangerous game out there. Right now, No, no, you sounded like Yeah, the honest. Did you hear the? I'm not. It's not. It's not that I'm bearish like I'm not. I know you're not.
If you're trying to if you're trying to make the money back, I don't know what the play is, is basically what I'm saying, because I would have been immediately on a day like today, I'd have been like, right, I'm going to buy, I'm going to buy a a big old clip of Pepe or something like that, because that'll always bounce the strongest back. But it hasn't really. Maybe mog, like maybe Mog is the
play. Maybe that like it's liquid and and the volumes are are big and everyone's getting behind it. I just still don't love the the number of holders of Mog. Like it just scares me. It's like across the two chains it's a little under 40K between base and ETH. Oh, right. Is there base holders I didn't look at? I didn't, yeah. Yeah, there's a, there's a base. They they migrated a good bit over there. OK, yeah, but it feels slightly
better then. It's, it's not, you know, an an insane amount, but I'll look it up and make sure I'm not full of shit. I'm not. Showing 17,808 base holders. That's impressive because. Changes. Yeah, that does change. That's quite a lot, actually. Like that makes it that makes it easy. To me, it shows that the holders
who own it are pretty strong. Like maybe there isn't, you know, 100K plus holders like the big memes, but the people who own it are pretty much like, yeah, I'm not going to sell this. There will be a point where that changes. But it it is interesting. I do think I do think we'll, we will probably bounce here like I thought we'd bounce when we when we went up back up to 60. I literally said we'd hit 63 K and then we will decide.
I didn't expect us to fall out of bed at the speed that we fell out a bit that like that was fucking three days ago. We were at 63 K Like that was a wild, wild Wick Wick slower. I think, I think a lot of like when you have the second biggest liquidation day ever, and it's not because FDX is imploded, it's because the German government's fucking backing. This thing. Like. What the fuck with them like what the fuck. You know what today I bet all in on on Spain.
Fuck this I will be cheering on for Germany to get destroyed by Spain to then the euro. It's at noon, I cleared my schedule for that. I've been watching that game and praying for their downfall and you guys should all do it. Well, actually, no, I don't want to say you should do that. Everybody should all bid. How do? You buy Bitcoin. All bid against them. Yeah fucking bet against Germany and buy Bitcoin.
Our hosts appear on complete arrows definitely my opinions and and those of the entire timeline. What the fuck with Germany? Did you guys see that one? So there's a Germany there's a politician that today spoke in Germany. It was like, I urge you to keep your Bitcoin like 'cause she actually like she's like tapped into Bitcoin and she was like, don't see it. And she was urging the government to stop selling.
Bit like when you think about it, that like there's full stack selling that shit in like the 50s. Like it's probably going to end like surely the sense unless they're popping. Surely, surely. Yeah, I think yeah, probably. They should keep hold of some, right, I think. What do you the only? Thing is that. They confiscated them and I think this is this is going to consistently happen with
governments, right? They're going to confiscate these assets more and more when there's like they're they're involved with illicit transactions. So we're going to see this for the next 10 years. the US is going to confiscate a lot of Bitcoin. The UK is probably going to confiscate a lot of Bitcoin. So is so is loads of different governments. So I don't think we we're going to expect them to be like nice when they exit. It is wild.
They decided, yeah, they decide to do it on the 4th of July, like. That feels like a hate crime. That is, they really went for it there, which I just thought was hilarious. Like public holiday Germany just keeps selling. Mount Gox decides to make its distributions on AUS public holiday. Like what's the fuck going on here, guys? Fuck the Americans, let's just dump on their heads, you know what I mean? Like they went straight for the
kill. Fireworks illegal over there so this is the best thing they could do. Fireworks illegal, and I mean no, they're the sale of category F3 and F4 fireworks concern is prohibited in Germany. I just looked at the Bowden chart, by the way, and it's on its way to do a yield down to 97%. Oh yeah, I've seen that. If you if you didn't buy the token in the first day, you're now down money.
What do you think is the the worst of these like Boden is quite clearly is going to be up there, but like what is the worst of these? Like we're this is going to a Billy which is now dead. Like you Boden, one of the ones of these of this cycle. I mean Boden is under a 20 mil market cap and it was at 500. This Audi, I think it's got to be up there as well. Like Audi had a but what? How are the runes doing? Oh my.
God, oh, the runes, the runes are not doing Yeah D Gen. Yeah D Gen. D Gen's a good example. It's a great example of these. Men, yeah, because we were like bullish on that shit, but look at that now I mean. Where is what's? What's the market cap? 109 market at 66 mil and FDV God it still. Feels like it could go down another 60% from here and you wouldn't be surprised. So boat D Gen. what are what other ones were like really hot at the start of this year?
Tia would be another one right Like that one of the. Down bad top 100 tokens, I'm sorry. That's not it, That's not it. It's it's like 4 dollars 480 and it was at 20. Didn't the the dev hack see the? CIA. Yeah, Modularity has never. Looked worse. Oh my God, dude. We haven't got a single AirDrop. Look at. That get an AirDrop every day for a year. Brother, you like, you like hope for a McDonald's. That's what I think with a chart like that. But it hasn't. It's just a straight up V upside
down V there. I'm praying for a McDonald's on my prime moon bag because this thing is getting hammered. Yeah, anything gaming. Anything gaming? Doesn't fully eliminate like half of it is broken. It's just like that 1/2. Tao is another one. Like $200. Oh my God, the AI token. This was the AI Bitcoin. All you had to do was just buy it and you were going to make a ton of money. Let's see. Hold on. Is that it? No. Yeah, 'cause it got listed, right?
It only got it got listed and then it's down like 90% since it got listed. I don't know if that that is. Right. That's not it. It's no, no, no. No, no, no. It made me better on. Finance hold on here, you. Go yeah, because I don't think it was listed on many exchanges. Bit sensor. Oh my. Why won't it fucking hold on? I'll bring it up on call like corn market cap or something like that because it it was only listed on. On finance I have it on like a
next C chart. Yeah. On trading, yeah, There you go. There we go. Oh oh. God, that that one's been. Said support sitting at support now for Tao, they got a. Lot of these are at like the last level before it feels like it's going lights out, which I if it goes down from there, it's going to like $100. It's going to dump it under 50% it feels like. Now I have to say the the one that is has really surprised me has been doge.
Like I really felt like doge was going to have a like a proper run this cycle and it's basically flat on the year, like or maybe down even small down now on the year. Doge you would have assumed would have had a run like so many people were bullish on DOGE in the meme space to come back and it's just straight up died like.
Oh my God, dude. I feel like Whiff and a bunch like Pepe took the wind out of Doge's sales because people are looking at Doge and they're like well why would I buy this when it's worth 10X plus more than every other meme. So where is the doge market get now it's a 14. You know, I might that's not a bad buy. I might get involved in that, that, that one's well, maybe I won't, but like, I think that's. It's like Pepe is like what? Well, maybe. I won't.
I'd rather buy Pepe. I'd rather buy Pepe. That's the thing. It's still the case, right? It's. Just everybody's going to think like that. Everybody thinks like that. I think that's why Doji's not doing it. It's like, oh, can I buy the old narrative that has clearly failed to pump with the rest, or can I buy the new narrative that
is probably going to bounce? I bet you everybody was following wanting to have Pepe when it was seven bill and I bet you last week when when MOG went to MOG, sorry, MOG went to 700 mil. Everyone was like fuck I wish that more like everyone if you're in crypto. And now, now you're looking at Billy and you're like, wow, why didn't I buy Billy when it was? 20 Generational wealth. 100% And you know what I I like, I like this. I like this. But the duck, The duck that's.
Actually don't get a job Well, let's be honest, right? Let's. Be honest, I want to bring it up because Mando, like we just looked at what, 30 charts? I love this. Consolidation. That looks like low highs, high lows. Let's see. Let's see where it goes. Why don't I have better than a lot of what we just like that I need a quack. I'm going to download a quack sound so I'm having my Rd. caster whenever we like, you know? It's fire. Quack, do you think? Political they're.
Dead. I I I still like tramp. It's like. Trump, maggot or whatever is that? Support. Everything looks so bad. Like everything. What's that song like? Hello Darkness, my old friend. I want to play that during this clip. Same. So we're gonna have to make a clip with that song. All the charts we just saw showed today. My my view is that Trump becomes less cool when he when he gets into office and. That tramp. And that tramp then becomes a
more cool token winning. Yeah, Trump's at 41 million. Trump is still at 250 million. I haven't looked at the DJT chart in a while. You were you were right there. Hold on, hold on, hold on. I I was away for three weeks. I was away for three weeks. I didn't really part and I really didn't feel like partaking the Twitter shenanigans. But these you're you're you're you've been in quite some stupid out of one on the timeline with Shkreli. We're awesome.
We're fucking. Tate, Tate, that guy had to apologize because he retweeted my tweet. Thread Guy's another conversation. We're going to have to thread guy on the show next week, man. No, this guy's got. I think that's. I think that's what the market needs if I'm honest. It needs Thread Guy and Andrew Tate talking on the timeline. That's what we need. The hits the Answer and and that crew are taking at the moment for introducing celebrities and
threads. Guys got an hour long interview with with fucking Andrew takes still to come. Out we're probably going to keep going down until that goes live love you TG you know that and then once it goes live hopefully we get we get I just. Noticed I I got this new camera and it like follows me around the room. Oh, it's smart. Wait, look at this. Wait, that's hold on. What the? What does this? Need to epic, right? Does this have a token associated to it?
Because all tech needs a token. Yeah, dude, my, we're, we're using Cam 3 for Epic users. Yeah, everything, everything needs a token. So does this. Is that an RWA camera tied to deepen? Have you guys seen? The RWA have you? You know what? That's the only shit that's doing OK. The deepen. Is it though? Have you guys seen the Well Three launch over this week that's getting like decimated on the timeline. Have you guys not see that's like the biggest thing right now?
No, Well, you guys have not seen this. This sounds like a scam dude that just. Like no, that's the that's the thing that raised $55 million in the pre sale and then this, this. Whole thing sounds like a scam dude. Well three. Have you got well 3? You're going to well. Three is you're going to. Oh yeah, I did see this. I did see this. I did see this. You would love this like. By the it's by the it's by the like meme land CTO right? Who, like, moved on and did his own thing.
He moved on. This is not I don't think this is a meme land product. It's not, it's. No, but it's like it's like it's associated in some way like he's X, this guy's X. He's getting like decimated on Twitter like. Yeah, because because they they basically sold all the tokens on by bit and then then did the AirDrop afterwards. This was sick. Clan was worth. Come on, this was 16 million, $6 million worth. And then they went live on Big Cat. Love it.
You got to get out before your community gets out. I mean, it's only fair. Dude, this is wild. What else happened? I mean shit, deez. I mean I feel like you're tapped and you're we got sober deez on. I mean, it feels like you've been really like on a tear, bro. On a tear. I've just opened up my eyes to how much bullshit there is in the space and how. Much. Dick riding and straight up just lies in the funerary that that go on and. Can I can I ask, has your followers gone a lot a lot up
since you've? Been like not really, no. No, I I really felt like that would be you'd get a lot of followers if. You, I mean, he's putting numbers on the scoreboard, that's for sure. Yeah, I think I'm pretty much like up 1000 followers or something. I, I feel like every week there's just 500 to 1000 followers I lose because they're probably like dead fucking bot accounts from last cycle and then the the fantasy top shit. Like I don't really think I'm getting botted but I I don't know.
Same as you, every time I gain like a bunch of followers like I'll lose just as much almost. It's all 2021 bullshit. I would rather just keep losing all the fake ones and hopefully add real ones in their place. It's kind of the way I'm looking at it. Like if we can remove 500 fake ones and get 500 real ones and I'm staying at that number, like whatever, that's cool with me. The the Twitter checks have gone up a little bit like the biweekly payments.
Yeah. So that's kind of what I use to judge more than the follower account is like, oh, did the, you know, $500 become $1000 or whatever? Yeah. Yeah, well, I never got over $500 payout except that one time in Singapore. Anyways, the, you know. Oh fuck, I was going to bring something up. I forgot. Yeah, I actually grew through these when I was in in South of France in week two. We can Manda knows, but it was a day where I went full bear, like I, I woke up with like pain in
my face. So but I remember that when I went to a whole tooth pain so bad that it was hurting my nerve in my brain. It was the worst pain you can experience. And I woke up just like sick of it all. And, and I asked myself and I called Mando and and logs. I had long conversation with logs and I was like, why does everything that we build in this industry need a token associated to it?
And why are we focused more on building more infrastructure versus building apps that people are actually going to use? Because I was in Cannes, at Cannes Lions, which is the biggest like festival for like advertising agencies, etcetera, which has nothing to do with Wi-Fi. It's like I felt completely out of place, which was in a good way. And and like nobody knows about us much and nobody really gives a fuck. And when you go outside of a bubble and nobody gives a shit.
That's why the other day I tweeted like, hey, as soon as you step outside the space, like I'm bullish because of that. Because most people don't even know much if there was something else that I've seen this Bloomberg post or this or that or that Dogecoin, but nobody really cares either. So it made me rethink a lot of the industry.
Like I went to that parodies for like a, a, a couple weeks when I was away where I was like, what's actually useful and how do we make sure that we stay within that realm? You know what I mean? It's makes you think a lot. Yeah. We need more L twos. It makes you, when you're looking at these meme charts in particular, wonder why you would own anything other than Ditklin, Solana, ETH, JL memes and memes. I get memes, I understand memes.
I I just a lot of that was like, well, the tech can be adopted, but does the tech need a token associated to it is a question, because even if the the company then the underlying tech makes money on fees, it doesn't really go back to the holders slash users. So therefore, why do we really need a token for everything? That was really my main. Saw that one day where I won like Zero Dark well. We need a token so that the investors can get liquidity like that. That's the the main reason.
And I think people are waking up to that and they're like, well, why would I be exit liquidity for the investors you. Need a token for the VCSVCS? Need a token because this is the double dip of of crypto investing, right? Like you get, you get your equity and you get your token. How do we build something that actually, and that was my thought, I talked internally this morning about this because obviously we're working our own stuff and I'm like, how do we
build something that's not that? How do we build something that can actually somehow manage to drive value back similar to meme coins like Friendtech was? 100% community AirDrop. That went to zero. So they had a yeah, right. They had their walled garden, they had a fee farm, and even if the token was going to zero, they were going to get a good amount of fees in the the process. And it sucks. It took me until the price went to like a dollar to realize that.
But yeah, that there's different ways to do it. But at the end of the day, it's all about, for at least I think a lot of these people returning capital to the investor in some way. Yeah. I don't know if you can necessarily like if you're going to do, if you're going to do like a fair distribution. I think the main issue is like when people are like there's big betting periods and VCs basically just dumped for over
the next three years. Sometimes it's, although you have poorer initial performance, sometimes it's better just to have all the supply out there at the start rather than just get continually dumped on. Then if the product is good, it will survive and if it if it isn't, then it won't. You know what I mean? Like Friendtech, if it was a really good product and everyone was using it, then it would have been, I reckon that token could have done pretty well actually.
But you really are resting on the idea that you're you're going to you're going to have a good product that everyone's using. I don't really know what in crypto now could do that and everyone would maybe if like pump dot funded the token right and they made it completely fair distribution from the start, I reckon that would that token would do really well do. You think that that token would get a cut of the revenue because they're making a ton in fees?
That's what I mean, like if that's a share token that I think could, could do very, very well if they brought out a token. But most probably they'll they'll do like a very low flow of the start and they'll pump it up to the highest possible value and then it will get found over the next three years. You know what I mean?
I think the issue about friend tech was the probably the right token style, but just the wrong product because no one was using it. And does anyone still I I mean some people there's like a core users so use it, But let's be honest, everyone was just in it. For I would be shocked if they have over like 200 daily active users that are real. Right, exactly. So we need, we need an app which people actually are using in crypto and an affair token distribution. And that can do really, really
well. I'm trying to think if there's been one like that recently. I I guess Jupiter? Has Jupiter? Well, you. Took 90 has that performed 90% of other coins because it didn't really have VCs and they, they agreed to burn 30% of their own like team supply, right? Like they've really tried to cut that. So I'd say Jupiter's probably been what like the most successful app with the best
distribution recently? I agree, actually, I'm I'm I'm really a fan of and every every time I hear you speak of GLP, of course, like I'm a fan of how they've done things so far. Like I think meow is generally trying to do things right. Like at first it was dunked on that first day, remember, But but I think it's someone that's trying to do it right. Anyway, that's just something I scratched my head about.
Figured I'd ask you guys because Lydia had this conversation this morning and I was like, how do you build something that's like right in between the two where it's like it works for one side, it works for the other side, but the polar extremes were like, whoa, neither really work right now. The people don't want that fucking unlock shit, but at the same time it does help. I don't know, I just think about
this all time. Jupiter has the same market cap as Uniswap. Yeah, it's kind of, but it's doing numbers, dude. It's being used the job. Like if honestly, this guy's the goat. Like this cycle look at, look at, it's not even that bad. When you look at it now, it was the price that it's $0.74. It doesn't even look bad. You know, 7/7 and 1/2 billion. Yeah, no. It doesn't look bad at all.