Yo-yo yo. What up? What up? Good morning. Good morning, G. Wait. There you go. It doesn't feel normal. I don't have my shit. Tuesday, July 9th, 2020. Look at that, another beautiful day to have a beautiful day. I got my calls in the house. Tyler Mando's on the way. Tyler, how you doing this morning? Good morning. We're feeling great sunshine. We got some bullish news, we got some hopium pumping into our our veins here in the last day. So we're feeling good getting
into this week here. Dude, pump that hopium right into my veins right now. It is definitely. It is definitely there. You absolutely love to see it and, and I'm just ringing with Powell. Fed Chair Powell Is Powell speaking right now? Yeah, he's done it today. Oh, OK, I didn't realize. So this looks like, looks like we've got him talking. So there's a lot of stuff going on.
Anyways, there's a big debate also going on today, Tyler, which at some point when Mando comes, you know, 'cause we have to, you guys will have to partake in his which, which is safer, Europe or, or America, You know? So big debate on, on, on, on the X right now. And guess who started it? OSF. I mean this. I love it. And his dead arc just starting random debates.
Either he's not the wife of the year, either he's got the wife of the century and he's off the hook, or he's just like just taking it to the baby and he's fucking sick of it and he's just revenge tweeting. I've got the help on this. So like one of the, the factors that that got me deeper into crypto entities, 2021 newborns, you spend a lot of time with newborns just holding them, sitting down and you've got time
on your hands. And it's actually very easy just to, to pass that time on Twitter and it's easy to become more active and sharing thoughts. So I I actually see how how the this could be playing out because newborn's asleep all the time. Yeah, yeah, yeah, I guess, dude, I'm just, I'm just dying laughing at this because I, I think, I think people genuinely think that I don't know, Europe is not a country. So I posted as a joke, right?
Obviously I put a joke because someone responded to us saying that not if because everyone thinks Europe is a safe country. So I made a joke saying which country's safer, Europe and the USA. And then you got someone tagging inverse bro, you know, so, so, so I'm just, I'm just dying laughing. I, I got it. Better get me into, you know, better get me into inverse press. I was just, yeah, OSF is used to
texting with one hand. I mean, he is definitely used to to tweeting a lot while doing something else. I mean, we witnessed that on 700 episodes of the show. So that one thing OSF is good at is, is doing multiple things as well. But anyways, today on the show today and the show, I mean, look, as usual, we'll go through
the market. Seems like there's a few things we got to talk about, including the ETFs for the ETH, not just not just the Solana, you know, hopium that's happening on the timeline with Nate and everything, the CBOE and everything out of Chicago. Dude, where's Chicago Bulls here? Literally, we're literally Chicago Bulls. No, no pun intended. You got to love the CBOE, man. Dude, you Chicagoans, what do you call people for Chicago's? Chicagoans. Chicagoans shout out to the Chicagoans.
I mean, they're, they're really, they're really putting the Lord's work for my backs right now. I absolutely love that. So we'll talk about that. But we got to talk about ETTS because imminent at this stage. I mean, all the S ones, 19 B fours, everything's been filed. Are they being returned? So, so it, it feels like it's just down to the SC CS GO. I think this is down to that now we got Powell talking right now it seems so we'll have to
discuss that. So a few things on the on the, on the, on the, on the crypto and market side. And then of course we'll go to Tyler's top Tyler's top 100. I'm sure Tyler's got a bunch of stuff so and last but not least, we will have the robot spins as usual. So today I, I added some some mutinapes, you know they're tweets. I figured it was a nice price, you know, got some mutinibes. We got 4 punks as usual, my ladies and red guys just to switch things around.
I, I feel like we're due for a win. I mean, punks are down to 85 K now, Tyler, by the way. So it's becoming easier to add the punks and more punks and more punks into the fucking blue box bin. So at some point I'll probably be able to add a bunch of them. But anyways, look, Mando's not here, so he may as well. It's just gonna like, maybe we reversed it today. Maybe we reverse the show and start with your top 100 because Mando's running a little late. How's that Tyler?
How do you feel about that? We'll go with the top ten today. So top story crypto majors rebounds despite the German government selling $900 million of Bitcoin in one clip. ETH is leading the way. It's leading because those spot ETF ETF applicants have filed their new S1 forms. Approval seems imminent. Also, Grayscale announced a new ETH mini trust to reduce cell pressure here as these ETFs launched. That was a big one.
Another ETF news van ECH officially filed for the first ever on ETF in the United States with a deadline for approval of March 2025. Watch out Q 12025 In other news, the GOP they included crypto rights in their 2024 platform to crypto Twitter and actually in outside of crypto Twitter as well meta mask this morning about six hours ago. They were a delicate tool kit for smart contract accounts meant to streamline user onboarding. Actually solves quite a few. I love those nagging issues we
all have with meta mask. So there in meme coins. Lionel Messi promoted this water token on live feed yesterday. He's got 504,000,000 followers on Instagram and briefly caused the token to spike to 100 million before retracing. It's still up to 100% on the day to $66 million. And unlocks, unlocks are high. Every week we talk about the unlocks coming to Zai team. So they, they came out and noted, hey, their unlocks are going to be a little bit different. They've been reported at 79%.
They're actually only 36% because the teams, the contributors, they chose to lock up a, a huge chunk of their tokens for another six months. So you love to see that if you're a Zai holder and in a tease green on the east board here this morning, leaders up about 1 to 5%. Azuki captains, Kampai pandas leading those top movers over on Bitcoin. Oh no, the RSIC team, they break their silence. The tease a new game in a tweet saying, shall we play a game? No additional nation.
The market largely shrugged it off RSIC at 2% on the day, still down about 75% from peak. And then the blast streaks. Blast digits its first round of gold last night with there's some big winners thruster, fancy top, we're big ones Wasabi as well. Fancy top then announced here this morning that they are giving out their gold to retroactively to this week's main tournament entrance. So we thought it was just Ethan points and cards there's in
there as well. That's the a lot of areas we can dive in. Where do we even start, dude? Where do we even start? Let's start with the, you know what, let's start with the let's do the ETFs after 'cause you know, we'll do markets and stuff. We'll chat with Mando as well. I do want to start with this GOP thing 'cause you know, you cover that quite a bit, the polify and
everything. So for the non Americans out there, you kind of you want to explain kind of like what that news was, 'cause it's a pretty big deal, right? Where is it? Yes. So each party, yeah, it's a big deal. So each year going into or every election cycle and that the primary parties will release their official platforms. So folks have a a written source of what the parties stand for
their stance on issues. Yesterday the Republican Party released its official 2024 GOP platform which did include a brief section on crypto. It sits within chapter 3 titled Build the greatest economy in history. The stance TLDR here is to end unlawful crypto crackdowns. Oppose a CBDC, defend Bitcoin mining rights and then ensure rights to self custody and free transacting. I think for most crypto holders and believers it sounds pretty good. It's hard to argue with any of
these foundational items. This is in stark contrast to what has happened under under the current democratic regime. Speaking objectively, where the SEC has come after several major crypto companies while not providing any clear framework with with which ends for for crypto companies to operate and then Senator Elizabeth Warren proposing a bill to restrict self custody laws as well in this time frame.
I think the new platform unsurprisingly received well by most of crypto Twitter. I think it is also very interesting to see crypto put up right next to AI manufacturing and and space exploration, the only four sectors named in this chapter outright. So it's definitely putting crypto on a pedestal. Where is the I'm trying to find the web. Ah, you posted it. Got it. OK, I was looking. I'm looking for the website the GOP. Yeah, I know you posted a link in like the lucky trader
minutes. Not a link, a screenshot, but there was a website. It's on the official. Website. Is it a weird? I don't really understand where this website is working to. That's what I was looking for. I know Nick Carter went back and forth with bank lists yesterday talking about because they were asking like where he found that and then he there he goes. So so this that's the tweet, right? I mean, quoted that tweet and he put the link and I got it. Don't worry. He goes official Republican
Party platform on crypto. Couldn't really ask for anything more. So end of crypto crackdown. No CBDC right to mind, right to self custody and then right to transact freely. Champion innovation. Republicans will pave the way for the future economic greatness by leading the world in emerging industries. Crypto Republicans will end Democrats as unlawful and UN American crypto crackdown and oppose the creation of a central
bank digital currency. We will defend the right to mine Bitcoin and ensure every American has the right to self custody of the digital assets and transact fee from government surveillance and control. I mean now there you go. That's the official link. Now you can officially say like crypto has become like a political like like a it's, it's a way to get votes like now it's like or more official than ever, right? Is that is that fair to say?
I saw this on Keith Grossman. 'S page a a major issue right to be included in their official platform document. And again, there's there's only a handful of sectors mentioned in this and like this, this is a streamlined document. It's only 16 pages and that includes two title pages. So it it's a very succinct and concise stock. Not all that much. It is is, you know, laid out. So if you are mentioned in this, I think it does mean it is a major issue. I was scanning that the Democrat
platform this morning. I don't know, they have an official crypto sense. I'm going to have to dive in deeper. I think there is really an anonymous on them to respond here. I'm curious if we will see an official Democrat response. You know, if you are looking at this election from just a a singular crypto lens, looking at the single issue, it's hard to argue with this. I mean, it's right there, right?
Like this is the official website I'm sharing for those of you who don't know at this stage, but you know for sure, we're live on video. We've posted the stream myself, Tyler, and it's on, we're on YouTube. I agree to YouTube but champion innovation like this part five of this GOP platform from July 7th, which was two days ago. It's really above artificial intelligence. It's #1. Yeah, it's the first thing for innovation. So it's like this is not even
taken science. It's just like one party is clearly taking a stance here claiming that. And look at the end of the day, people do whatever to get votes. So we'll see once that's that happens. It seems like they are fully. Is that is that what it is in the US? Like once this goes out, this is what like their promises if they become president? Is that like the thing? That's the thing. And so their promises. But there's not like anything holding them accountable to this.
So I think that's one of the common criticisms that echo this is just posturing. You know, they're just going to lie, blah, blah, blah. But like, if you take this for for what it's worth, written down on paper, it's hard not to root for this. One paper, now we have one of the two parties that is pro crypto, let's call it that, right? On paper. I liked what Keith said. He said for those claiming crypto does not have real world use case, you just got one vote.
I think that hit really hard. I mean, he's not really wrong, right? Like he goes, but there is no need for this technology to be politicized, which I like as well. And it's not too late for the Democratic Democratic Party to realize that the vilification of an industry fabricated by a few individuals within their party does not represent Niko Sim's whole. So I I thought that was an interesting post as well. Like that's really one of the things for crypto that was it's
it's getting votes. And and I think the fact that for this election is getting a lot of attention on it from around the world, crypto to become one of the like literally things, you know. It's an important signal too. I mean, I think there's still such huge swaths of the population who view crypto just a scam and it's all this fake Internet money and it's just scammers who work in this
industry. And the more that like political leaders talk about it and and put, you know, real thought behind it, it continues to to break down some of those walls or or prejudice against the industry. It's things that take time, but you know, put it seeing a platform like this listed in their official doc, I mean, it's one of those things that it's another domino that continues to to fall. So it is a big deal. I yeah, I mean the right to self custody is a big one.
What is it? What is it the state of Oklahoma or what was the state? Remember we talked about it, the crypt covered it, that that wanted to make this like a Oh right, like a, like a. Human. I think it was Oklahoma, yes, just in front of it. Yeah, yeah, that's it's interesting. I saw do this also, of course, like share some thoughts on it. So it's just it's just he says I plan to support the pro Financial Freedom Party this election.
Sorry, not sorry. It's like, you know, it's, it feels like a lot of people will be voting like that. Yeah, so like so Pecky McCormack, he is a writer. He he describes himself as a techno optimist. He's an investor. He does a lot of things. He has one of the best newsletters out there. Just a really strong thought leader. I wouldn't describe like he's not in crypto Twitter. I think he he's, he touches crypto, but it is bigger than
that. And he commented on this yesterday, basically screenshot of this page, this entire chapter and just said this is my politics. So like this page is, is resonating with a lot of folks in in different sectors. So they it's well written. If they actually did deliver on all this, again, a different question, but I think a lot of folks are in support. Yeah, it's dude, it's a it was a big stand.
So that happened yesterday on the on the politics did did it move any of the qualify coins 'cause you you I know you have your pulse on it didn't move any of the tramp trump stuff. I mean actually Tramp was up 10 points on that and the. Yeah, it's hard to say like if this is really what's what's driving things. I think the biggest movement is Biden is just like, like the old man, like yelling get off my lawn like, but it's I'm not stepping down. So Bowden is at 40%. Bowden is at 47% holy.
Shit, and all the polymarket odds have swung back. So all that, so I saw is it true that the the the him running is like 75% now versus 45 or something bring? Him down to Let's see. There you go. 71%. That was almost a lock last week. Others. Mando. Let me bring him up. Let me bring Mando. Oh, no, he froze. Oh, Mando, you froze. There you go. But anyways, Tyler, this this is like it's. A huge difference. Kamo got up to 42% and Biden was down below 40.
He got up to like 75% to drop out of the race. Those odds are back down to 40%. So he he's back in the lead. I'm not buying it. My personal view is that there's still a long runway till the DNC, which was still my mental model of where he would potentially get pulled if he does, which is in like August 19th. So we still have over a month. So I think we're going to continue to see this like him posturing.
This is probably how he feels. We'll see if the other powers that be in the party are able to, to, to be more strong about it. I don't know exactly how that would work or, or play out. I I still will be surprised if he is the the candidate in in November at this point. Yeah, I guess. I guess we'll see. Let me try Mando again. No, I think, Oh, I think his Wi-fi's bad. Good for Bolton holders. Thought Bowden was dead in the water.
Did you see that tweet, that one tweet about the Bowden holder, that round trip, Four and a half million. Did you see that one? It it's hard because I've also a few bags not to that scale, but to that percentage. Yes, same, but that is wild. So folks, this is insane and has to mark the bottom. The address round trip four and a half million bowed in worth over $4.7 million at the top and market sold it last night at the lowest for 109 K.
That's 98% from the value lost. Hey dude, so that person wrote the four and a half million at the 100K. Let's see what we talked about yes, remember we said we round tripped and there's going to be a lot of round trip. That's the remember when I said on the show like there's going to be a lot of people round tripping the mean bags like we did NFTS? That's the only one of them. That's about as bad of a round trip as it can get it. And then they all. Yeah, you can't really get
worse. And then they're then it's back up 47% I got. It Oh no, he must be fucking sick. So, yeah, I mean part of that's probably because of of that cell. It's like a. One of us, one of us, if you're listening to this, and two, we're with you, brother, we're sister. I mean, the chart looks terrible. I got it. Let's not like, let's not say like it looks like the strong coin means yeah. It does not. He left some cash on the table. Well, clearly he left a lot of
cash on the table. Utter devastation, though. Like to have a quiet. I mean, I don't know this person's this entry points. I don't know if we see it on the screenshot here, but they could still be up on the trade. You know, if they sniped it. I don't know where they got. It really I. Don't know where they no he bought 20K no so he bought 20K worth so he actually. Lost. He's down 50%. Yeah. Shit, that's brutal. He lost 180 K on the trades as well.
Fuck yeah that's some lost porn right there that's for sure. But. I guess you got, you got to start, you got DCA out, I think on the way out, on the way up. Oh, four and a half million is enough. I think the Twitter will tell you El Mayo, it's not enough. With $4.7 million, a lot of money, man. You can do a lot with four mil. You can definitely vacation in Europe every summer for a little bit. The worst part is like 4 million, like no one ever going
to sell the top. So like you put that aside, but like you had I'm looking at the turn out. So there was a basically a 3 1/2 week period where you could have sold at like within 20 to 30% of the top. So like you remember it's all top, but you, but you have like a, a, a multiple week window to sell within that. Like that's where it gets a little tougher because that that actually is doable to do. Yeah. So like that's 2,000,000 bucks, you know, 2 to 3,000,000 bucks.
It's still a healthy junk. Yeah, that's look, we'll fuck dude. Many such cases are about to happen anyways, so so we'll. See me and my pups bag basically. Yeah, but we didn't pay for that, did we? I mean, I don't know, I, I, I market bought mine because I didn't get mine from the, the the ordinals. Dude, I'm down so bad on that. I mean, I'm not down because it's free, but it's just like I don't even want to look at it. Let's just wait for Bitcoin to go with 100 Ki mean. Look at.
It here's a here's some hoping for you when Bitcoin's 100K Shirley pups is somewhere. Speaking of that, what's up with RSIC? May as well segue into another one of your topics you had today. So tell me because that's another one that round trip pretty well. What's up with RSIC? Yeah, there's a point where RSIC is one of my biggest positions. So just in Full disclosure, and I'm still holding on to it sadly. So I'm also round tripping this one. What?
Happened I was turbo, turbo. I mean, I still, I'm bullish on that, but what's going on there? Yeah, So they basically had been radio silent since the runes launched. So they executed a successful launch. They won some brownie points in the community by helping other teams launch their tokens because it was not an easy technical feat to do. But then over the last month, four to six weeks, the the chatter started to grow like, OK, what are you guys doing now for season 2?
Like we, we've got these NFTS that they're, they're miners. They're still mining something. We don't know what they're mining exactly. These NTS have rarity on them. What what does the rarity mean? And we just haven't gotten any answers whatsoever. The team does their cryptic tweets. They they put out the 8 ball. They they finally have posted a tweet yesterday with a little bit, but it just says play. OK, so so now it it looks like they may be turning this into some kind of a game.
The market has not responded. Hear. Me out game fi on Bitcoin. Well, so the the very first one of the first buy thesis or as I see was this is the loot of Bitcoin. We know where. Loot was. It was like nasty. Lost porn? I think the biggest lost porn in NF TS last cycle was some of the loot bags. Yeah, the charts look similar. So it's also playing out like diluted played out because it was still a big air drop.
I mean it came out at like 200, two, 150 million market cap went I think it hit across 300 million at peak. Now it's down around 80 million. So yeah, it's down about 75%. We'll we'll we'll see what they come back with. It's a team or I think they could salvage it like this is a salvageable bag I believe. This is a salvageable buying.
I actually agree with you, but I mean look, Bitcoin dominance lowering and the rest of the market going higher literally means that Bitcoin and its assets are going to go lower. Like it's just how the name of the game like you can't expect puppets, pups and all right, like ordinals ruins to really grind higher with let's say Etho and their betas. If that's a Bitcoin beta, right, This is why I see it.
I'm like, well, the grass was green on my Bitcoin bags when Ethan sold were down because Bitcoin was cooking it. And now my Solano bags are, let's say, grinding higher. Obviously my Bitcoin bags are lower. I think it's good. Just gonna have a basket of everything, right? What do you think?
It's even like I think like beta may not even be like the right word because they're literally denominated which are tied to the price of Bitcoin. So even if your rune holds, even in SAS, if Bitcoin drove by 10%, you, your, your room just dropped by 10% as well. So then that doesn't even factor, you know, any negatives or additional cell pressure that would come on a day where Bitcoin moved down by by 10%. There would be some and that's why the violent down moves are,
are so strong. But the, the opium here 'cause it's opium is if, if Bitcoin does start going back up, which which many believe it will exactly when that's going to happen. It it, it works good on the upside. So again, these these are denominated in sats tied to the price of Bitcoin. So if if Bitcoin goes back to 70 K, that's a 30% move. If these rooms hold even they're up 30% as well. And then like that's not even accounting for additional buy pressure. So there's still a well liked
team. They've got the the upside potential with a movement in Bitcoin. They're going to have to deliver something. My personal thesis for this one is if they didn't, they had to to announce what the project was or do something for Season 2 for this coin to do well, they haven't done that and that's why I think that we've seen the performance we have. What's this I know a guy is comment commenting at us saying they etched rule #21 ticker RSIC season 2 on having day.
So we definitely we're mining. OK. So we're, we're mining OK, We're mining RSIC Season 2 tokens. Well, I don't. What does that mean? Right. So that's my counter. So we don't even know what the tokens we own are, let alone what these season 2 tokens are. So like at some point you have to tell us for for people to buy this, buy this thing. Yeah, it comes. I don't see personally speaking, as soon as I saw Bitcoin dominance dropping I knew where my ruins and or those bags were going.
Yeah. I'm not like, I just, it was like, OK, like that's what's going to happen. Yeah. I mean, the puppets are still above .1, which is not bad. Point 12 or something like this. Let's let's take a look at ordinals a little bit. A little bit. Let's look a look at the ordinal. I I thought last time I saw the Quinn cats were holding. Well, yeah, I mean, quantum cats are .25. No, monkeys are .16, puppets are .12. I mean, healthy retraces across
the board, right? Big retraces, it seems like they're somewhat steadyish here, so like puppets haven't really dipped back below that .1 level. Well, I'm cats feel the strongest. I have to admit I don't hold it anymore. They got the proposal right for Bitcoin and everything, they got OPCAT and everything, so that makes sense for me. Yeah, they're holding up .25 through this brutal downstretch. And I mean they're that's still, I think they meant it for .1. So anyone who minted is still a
big. And the thing about them is that they didn't have that parabolic run up. I don't think they ever really got. They might have briefly passed like .4 for like a. Day or 50%? Only barely. 40 maybe? Yeah, which is also good 'cause like then you've got a better holder sentiment than like node monkeys. Anyone who bought nodes at like .6 point 7.8, right? It's just down so bad sound clops.
So they feel the strongest. If I had to pick one collection to really boom in the near term, it's them. But higher ROI OPS I still think like puppets and nodes still kind of jump out to me from a pure ROI standpoint. I mean, if you think we're going to have a run like the last one or similar to by default you think NFTS, some NFTS will have a run as well. Then by default on Bitcoin, you go towards the Fantastic Four of Bitcoin, which is like puppets, nodes, Quantum cats. And why am I?
OMB. No 1B, thank you. And now there's the Billy Cats I'm seeing, which is probably tied to that room. I haven't played that room, but Prince has been doing good. So there's a few collections, but to me like that, there's four like the four, right? Usually that's what at least they were a few months ago. I'm I'm going to apologies to to Billy fans out there. I think that the core issue with Billy now just find your backs too hard because there's another Billy token.
The Billy token on Solana has way more mind share. Because there's the Billy Cat token on. I think it's hard for two coins with the same ticker to both. I mean, especially when the Solano one's way easier to buy, you know, and it's been doing pretty fucking good you got. Rasmor out on the street pitching it to the objects.
Rasmer's doing the the Rasmer by the way to Speaking of which, just want to tell you by fantasy top team that I put in that second one I ended up putting in is cooking Bro it's 7th right now. Nice, that's the. One where it's Rasmer, Vadamo, Rasmor Alon or A7 Hero I. Think it would be me? That they're, they're cooking. So love to see that. Speaking of which, two things, let's talk about fantasy top real quick and blast cuz let's go over cuz it was blast distribution.
We don't need to go over too much, but love to see fantasy top getting the biggest distribution alongside thruster. And then let's talk about and then let's get let's get let's get to to the ETS, Solana and and East. But what's up with blast? There was like a big distribution announcement. Yeah, Phase two distribution went out last night. A few one they confirm very purpose is of supporting devs of mobile dabs and incentivizing users to use mobile via the Blast app.
So that is a switch from season one or phase one here to to this phase. So, so pay attention to that. That's those are the apps we're going to get rewarded the most. 10 million gold in total given out 500,000 of that earmarked for new dapps, Thruster and Fancy top big winners. Not surprised to see thruster up there. I think some surprised to see fancy top up there. I think it wasn't necessarily a lock that it would be 1.2
million gold each. Then I think Wasabi was a huge mover jumping up to that 800,000 gold level. A lot of games up there right? So so captain company, wolf game, Yolo all in tier. IKB, you have Andy and IKB with the gambling, the sports, sorry, the fantasy sports. Yeah, fantasy sports and and the pick on. So that's a huge win for IKB as well. One of the big winners D1 got got totally naked, which I think a lot of folks. I think I saw teams and and and I see OB celebrating that. I I have.
It was hilarious because that team really fucked it up, didn't they? Yeah, they didn't get out their gold very well, basically like they, they turned it into this mean coin competition. I honestly, I, and I wasn't really paying that close of attention to it because I wasn't in those streets. But it seems like they kind of screwed over all their users didn't get sold out. Well, the the other caveat here that's important is OK for one.
So like, let's set the table, set this to stage things gold. This gold is worth much less than we thought it was. Going into so the only. One I saw stats hasn't done it. We're probably not going to get a stats post. Come on. Stats A raving ape. I think it is a deep farmer. He put it out a conservative $0.25 per per blast gold as which I like. I like that number. Are you?
Being realistic. Because like, I mean, it could be lower, yes, certainly it could be lower, but that actually feels like a number where we could be surprised to the upside. So if you mark all those allocations down to $0.25 and you just kind of position yourself accordingly, it feels like you can make smarter, smarter trades and smarter moves versus when we thought gold was going to be 88 to $10. So that was a notable 1.
And so that means basically, oh, the other aspect is that this goal all has to be given out by the 1st week of next month, every single month. So for these Depps to get their next allocation, it has to be 100% distributed, which is a big deal because the teams were not doing that in this last round. And that's what led to huge accumulation and and give out at the end. But now, you know, so like
you've written gold to $0.25. OK, well, that means fantasy tops got $300,000 to give out this in the next three weeks, not even a month really in in three. Yeah, the prizes right on on top of this. So I think for fantasy top, I don't know that we've seen a whole lot of buy pressure on the card. Curious if that comes back. I think my general read is everyone who's got the decks who's just going to keep playing them. We're just going to keep running this thing out. OK.
Texas will be interesting to watch. Texas is hard to catch. So you kind of have to be terminally on play that, play that game And then for heroes the the revenue share. So if the revenue share checks overcome, that'll be a nice little STEMI as well. OK, I'm not surprised. The fantasy by the way, getting the top thing because it's been the fantasy in my opinion, has onboarded more people to blast that were interesting than than most the apps, me being one of them.
I would agree I most fun, most organically fun. It, it involves Twitter, the influencers, whatever you want to call them and involve being active and makes it fun. It look at me like yesterday, I was excited to play when you told me last minute to get involved. Like I think it, it, it has this excitement around it If at the top of every month they're going to be involved. I like it. I, I, I want to see them win because we need those games to survive more than just, oh, an
incentive of gold, right? So. I like it. I hope, I hope, I hope this continues. And last but not least, I mean, I mean like the, the big, the big hopium, right, The big, big, big, big, big, big, big hopium, which you see, you guys are going to see me retweeting all the news about it. I mean, Solana again at the at the head of the top of the conversation, while, you know, of course, like Etts could be approved any minute now, any day now.
But Nate Jurassi pointing out interesting to see global head of ETP listings at CBOE comments on Solana ETF 19 before filings. Nothing you not something you see every day. And he said we are now addressing the increasing investor interest in Solana, one of the most actively traded cryptocurrency after Bitcoin and ether. So it seems like Vanek and 21 shares both applied for for
Solana ETF. So we got a post by Matthew Siegel, who's the head of digital assets of Vanek saying we at Vanek are pleased to announce that CBOE just filed our 19B4 to list and trade shares of the first Solana exchange traded fund in the US. We look forward to engaging with the SEC during the review period. I mean, dude, Tyler. Huge. Huge. Massively huge. I think we on the show, I think we we all are pretty much aligned that Solana is a big three blockchain at this point.
That's certainly how I feel like this kind of helps cement that as a reality. I believe I saw a different tweet. I haven't seen this totally confirmed, but I believe March 2025 is the deadline for approval of these. So that that gives us a sense of a timeline here. Is this not going to be something that gets done in in the immediate future? Many think that it's basically going to require a a Trump
election win to go through. We can put that aside for now, but basically so winter 2024 I dubbed many on many occasions Solana winter Solana was a huge out performer. That's when Solana meme went off March, the end of March, end of Q1 was the top for this meme cycle. It seems like we can have that same set up now in 2025, right? Like leading up into the potential right March, it could play out very similarly. I think we were talking to group
chats. So like when if you are going to start DCA ING out of Solano, when do you do it? Is it before that approval? Is it after? My mental model is still cycle top like Q 4/20/25 so the the price is certainly going to play a factor in all this for as one to potentially sell, but man. I'm going to DCA out from Q2 slowly. Simple. This time I'm going to try and stick myself to out. Fuck. Sorry I cut myself. Why am I playing with it? You said Q, sorry I missed you.
So Q2 20/25/20. Five, I think slowly, DCA out slowly. Like very slowly, that's why I'm telling myself now, because I know I won't do it. So I, I'm like trying to force my brain to start telling itself that, you know, around summer 25, summer suck. So it's, it's OK. You know, give me, you know, soon as I get my targets on Seoul, like I have a few targets. I have a opium target, which is like the $1000 set that everyone's like sold on to 1000.
But surely if everyone sells sold on to 1000, then everybody's going to dump it on me before that. So you know at. 989 hundred it's. Free dude, I can forgive it. Handsome Solar is Solana dude already. It's so. Here's the other factor. Everybody's like, no, everyone's selling. They love to rebuy the dips. Like I get all that. You're not. They're gonna love rebuying it at the next high. Like 70% higher is where you should buy it back.
Of course and like so we, we haven't lived through this, this an ETF bear cycle, right. So like there's a the real chance that the, the lows are are dampened, right? Like that we don't see like the 8090% pull backs from, from prior crypto cycles in an ETF world in that it could just be, you know, more like traditional markets. So in that scenario, like do you really worry about selling cycle
tops as much? I know like talking heads, we have to come in here and talk about it, but I think it's potentially a new paradigm. I think if you have a plan to DCA out just like you have a plan DCA in, you could never feel bad for selling and living your life. Sure, but like what did you DCLDCA out to cash? Did you DCA out to Bitcoin? That's a good question. I mean, I, you know, someone give me really good.
Like I think it was Benny. I was talking to him on the phone with somebody else about something last week and he actually gave me really good advice. I'll share here, he said, because a friend of mine like had a pretty good cash event and wants to reinvest in the market right, Because right now is a great time in my opinion. Obviously you know that, but it's a good time to buy some coins in my opinion, non financial advice, yadda yadda
and all that shit. But he was like, you buy a third Bitcoin, a third ETH and a third Solana when Solana outperformed ETH right? You sell the soul like once it pumps crazy and you buy, you put into ETH, then Ethan's going to perform, then you sell that you put into Bitcoin, and then you keep the Bitcoin until you feel like the cycle's slowly coming to an end and then you sell that Bitcoin. Easier said than done, but I actually thought that was good advice, like sound advice, right?
Because if you think Swan's going to perform, which is my bet, and I know man, don't know if you're aligned, I think you're aligned with that like Swan outperforming Ethan code. That doesn't mean Ethan's not going to go to 10K. It just means in terms of percentage or X, SWAN outperforms. It's actually not a bad plan. So you're right, like you could DC into Bitcoin. I don't see myself ever not owning a piece of crypto crypto
at all. So you're right, like maybe at some point DC half of it to cash of it to Bitcoin. But I, I, I, I have learned from last cycle at cash's game because I didn't have what I wanted to have. I wish I had this cycle, you know? To buy the to buy potential dibs or. Always tells me like a wizard who has a club in the Hamptons. Always tells me and reminds me. Does he does he have a club? He has a club in the Hamptons. It's it it, you know it catchy
Shubi, I think it's called. But you know, it's you know what it is? It's he's a he's a profit Maxi. He always says and he always has cash in hand to buy back. That's not bad. I find like like, you know, you're never going to you're never going to regret opening your bank account and being able to book that trip and being not making a dent in your finances. You know what I mean? Agreed, but we're approaching a world where you'll be able to do that on chain travel swap, right?
So you could you could go to USDC. I have a call with the founder on the USD. I have a call with their founder today. That's funny you mentioned that. I saw it on my calendar this morning. I thought it was funny. Look, I love that the comment. Where's the club in the Hamptons? That's funny you mentioned that. I saw. I opened my calendar. This one, I was like, oh, we have a call with this guy today. But anyway, so there's that, right?
So I think we'll see, we'll, we'll be talking about it then, that's for sure. What's the latest on the ETTS? The ETTS news 'cause I know he talks on ETS. So they're saying like it depends on the political party and it depends on also it's the, the deadline would be March 2025. So we're talking really far. The reason why we're bringing it up is while it's just a narrative right now, just to imagine is enough to have a price impact. And that's how I see it.
That's the mentality of the market that that that's why I push it that way. Solana holding strong at $440 while because it's a 57 Ki like it. So anyway, so we'll see. But Vanek, everyone are filing. The rumor has it that BlackRock is filing. I think that's when you're going to see a quite a pump on Solana. So we'll see. But rumor has it that Blackrock's filing. No one has the actual. So, so we'll see. What's the latest on on ETH though, 'cause I think we're at that finish line here.
So yesterday all of the spot ETF applicants filed their updated S1 forms, which is typically one of the final actions to take place. So it looks like imminent is the correct word. It could be as soon as this week. I think most are calling for it to happen now in the next, within the next two weeks. So by July 20th, you know, we're going to have an ETF and more hopium because today is a hopium show. I've seen folks like like scenic. I think Scenic is a very sharp trader.
He was talking about how crypto Twitter consensus take is that flows will be bad or ETH. He's saying that that's priced in. So he's like, So what if they're not like, what if, what if they're good? Like so like what happens in that scenario? And he's saying bid memes. I, I totally agree with you. I we're, we're, we're within a few business days of them launching. We're July 9th right now.
They were saying by July 12th, it could be by Friday, worst case is Monday, Tuesday like next week, right? Like we could open the market next week with the Ettfs. It's definitely priced in that the floors are bad. And I thought that the Grayscale mini trust was good. That means that they're not going to dump it all in one go right away, right? Isn't isn't like a positive that mini trust that grayscale set up?
As I understand it, it means that 10% of their supply will be locked up, so there's there will be less cell pressure than there would have been. There's less cell pressure from Grayscale. He's fully retraced the ETF pump and then some, I believe because ETF was 2800 a few a few days ago, right? I think he's been there. Yeah, it was 2817, right. So when was the news was here, You see this candle here, that fat candle, that was the ETF
news. That one, we not only have fully retraced it, but we've gone lower. So we're now trading at the exact same price as when the news came out, dollar per dollar ban for ban. Literally look at it here. We're right there. What do you think happens when slash if there you go, listen, we're literally trading there. We're at that support at that resistance right there, right? What do you think happens when
the ETF flows are positive? We Candlestick up big big green dildos on on. The charity just kind of. Talking me into it. We reverse Bart that bitch. That's what happens. That's what happens. You know what happens? I mean, how do I draw, damn it, I don't use this. I don't trade it off. There you go. That's what happens. That's what happens. MF first when when the positive flows we're going to. Cut. This is a realistic outcome to me.
So I guess like the worst case is like it's a launch and there's more outflows than we expected and the price goes down. So that is a possibility. There's also a possibility that the inflows are surprisingly good at least at the beginning and and we stomp. So you're going to have ETH surge and then you're going to have ETH betas. I think you got to think the ETH betas we pray. This is called the praying
formation. We pray, OK? France is going to need some of those formations today, I think. We are, we're going to win. I, I, I got my money on France. We're going to win. OK. I'm going to go watch the game with my mom, you know, be good vibes and we're going to win anyways. So I think, I think that's a good roundup. I think. Shall we pass to the robots? Is it? Is there anything? I mean, the messy thing I want to hold for tomorrow. I don't because I know Mando's a football fan as well.
I want to talk about this messy shit doing that. Messy's playing. He's playing. It's Canada, 8:00 PM Eastern Standard Time, semi finals. Cope America. Dude has probably no idea that something like shit coin was posted on this thing. Mando. Where's Mando? Mando showed up and his Wi-Fi was trash. I don't know what the fuck is going on in Portugal dude. Men's. Men's can't get a break with his Wi-Fi, that's for sure.