Yo-yo yo what up what up? Good morning, good morning GFG and Friday Woo people moving in the stream with that August 16th, 2020. 444. Look at that, another beautiful thing to have a beautiful day. I got my Co hosts. I got a lot of them and I was, oh, what are you drinking out there? We got Ovie, Mando, Tyler, Ovie. I mean, Salud for my coffee. But what? What are you having out there? There just a Prosecco. What's? What's wrong with the Prosecco? The the euro life is just so nice.
Just just casually drinking Prosecco, it's nice. No, no, no, this is not Europe. All right. OV is sitting there in London in the grey. I don't think I've seen anyone drinking Prosecco. It's. Hot. It's hot, sunny outside. Today is it. Tyler, he's not 9:00 AM for him just so he's OK, right? Yeah. But second of all, why I left the Prosecco is because you're having the Prosecco and the the hormonal change conversation for that. So the the Prosecco mix with that conversation.
I don't know why. Wow, anyways, sorry, I was so funny that I I, I got to pose a question right off the bat for for people. He's not he's he's not a drunk dad. He's a happy dad. That's not an ad for the other brand. But anyways, question for the people in the audience. We have a lot of dads that listen to our show. Actually, I realized like I'm old man, everybody around me is actually got married, got kids. Fuck I'm I'm behind, I'm behind
on life it seems. Anyways if you are a newly father or you have had a child question for y'all. Do you have you guys experience hormonal changes that made you fat? That's question of the day to open the show. So far we have surveyed 3 fathers OSF, Mando and Tyler who have all confirmed it. But I don't know if it's excuses or it's real. I wouldn't know myself right? So I I, I can't really partake in this poll. But anyways, Ovi, Mando, Tyler, good morning. How you guys doing today?
Great man, how are you? Vibing, vibing. We're vibing having a little coffee this morning. It is Friday, market is bipolar, volatile, whatever you want to call it. There you go. Oh look, answers already coming in. See those quick you asking that we got. Let's see. Let's Mark Metaverse. Mark metaverse, said eight-month old baby girl Tonal Tonal plus Peloton keeping this bod non that bod. Well, there you go, some alpha for you.
So I'm alpha free Peloton. You can do it, it just it feels like it's a little harder perhaps. A lot harder, but. I've got a dad update. So my son today's his last day at his first day care. He's been going for over 4 1/2 years now. It's his last day and and he's going to be going off to kindergarten here in a couple weeks. So let's. Go somewhat of a, you know, special day here in the Tyler D house. I love that. I love the, I love the Tyler D household updates. Honestly, they're fun.
They're they're a lot of fun. We should make a segment for them. I'd love to have them. Anyways, that was showed today. Today, what do we got? We got market report as usual. You know, we're going to hear all about that Ovi. We're going to have to go out and talk about all these figures in numbers. Man, I don't even know who to trust anymore. I don't know what's going on. Zoran is calling for 33.333 K Trader Ezzy is calling for $20,000.
You know my favorite trader, Keyboard Monkey is up and down and up and down up again. I need you guys to bring some clarity to the show this morning and let me know if we're gonna pump as it's full moon on Monday. Tyler is top 100. Let's see what Tyler has in store for us today for his for his topics. And then last but not least, it's robot day.
Robot spins today, baby and I have put some in order of the red guys actually pumping 2X since I think like the last three days, we've put some nice red guys in the mix. We have a golden girl, we have ice red guy, we have an RLD. We have a bunch of fire red guys in there. So I hope that the 50 plus people that won the red guys on the show held them because. Why wouldn't they? Right, of course they did. Of course they did. Why would you ever dump it? Yeah, why would you ever sell it
to a blur? Bit like nobody does that, right? So anyways, and it's true, Mando is not wearing a shirt, so the market will probably dump today. But the EPL does start and hopefully, you know, we get a good start of the season for the lads. Anyways, Mando, where's where's this thing again? Let's see what you got today. Who? Is the man Michael Daddy of the land? Can you dig it? So I'm back, Yesterday was actually a holiday in Portugal. Thank you for understanding.
It was it's actually a holiday. What I love about Portuguese holidays is that. Is that no one else knows when they are. The US holidays and the UK holidays are normally on a Monday, right? So it's like, oh, you got a long weekend. And what I've realized since coming to Portugal is we've just been screwed by that. Like they'll just put the holiday on like the Wednesday and then you have the whole week
off, right? People are just like, oh, I'll take the Monday, Tuesday off and then I'll take the Thursday, Friday off because no one will be there for Monday or Tuesday. So this holiday was randomly on a Thursday as a lot of them are. And that meant that people just took, they basically just take off the next like week. So it's pretty, it's pretty incredible how they do holidays here. Anyway, that was a holiday, which is why I was out. It looked like we hit hit about 56 K yesterday.
Everyone getting pretty depressed. It felt like we recovered slightly. I think we rallied back to around 59 K and now we're hanging out at 58 K. Bitcoin hit a death cross, they call it, on the weekly, which is why a lot of technical traders are suddenly saying we're going to like 0. But that has a very mixed response about what actually happens. It can be the start of the trend, it can be absolutely nothing.
Solana is back at 140. Ether's hanging out just below 2600. Solana's underperformance slightly came to an end. It feels like they're all kind of tracking each other lower at the moment. Bitcoin maybe slightly out outperforming meme coins, continuing to bleed really, particularly the major ones. Feels very PvP out there at the moment and yeah, I think Giga is the only meme coin in like the top 50, which is which is hard
today. So definitely definitely feels like memes are being hurt slightly. What we are seeing is is defy come back a little bit. So if you've been looking in the last week, all the major Defy coins are higher. Partly this due to the fee switch and partly this is actually just to do with more going on in Defy. Suddenly Defy number of loans has hit or the number of borrowers at least is hit an all time high on things like are they?
And you start to see TVL start to track closer up towards the levels that we saw in like 2000 and 2122 area. So Defy is seemingly where people are DJ ING, DJ ING a little bit more at the moment. But in general, it feels like the timelines doesn't want to buy into those stories like crazily either. So I think people just get a little bit depressed. That's that's the general sense of it in macro. We had another strong day that yesterday. It's going to be actually one of
the strongest week. I think it's going to be the strongest week for stocks in nine months. So yeah, like we had a really big rebound. The NASDAQ is basically well recovered a lot of it of those recent losses that was after retail sales came in relatively strong, which was another indicator after the the jobless figures slightly earlier in the week that we're not heading to a
hard landing. And that was enough to, you know, get everyone pulled up. But the moment macro started rallying weirdly, crypto started selling off and that's that kind of freaks people out a little bit, I think. So what's going on? Is it over? Are we going to 25 minutes? It's never over, but it's just one of these chops. That's that's what I think. The chop, Ovi, I mean, we got you today. We had some big figures this week, right? CPIPPI bunches, You know what? Wait, hold on.
It's very rare that we get triple Jingle day. So let's go to Ovi here and see what he thinks in the market. Daily market report brought to you by Rogue Radio. What's the word? I respect that you still have my Jingle. You haven't just, like, bend it. No, never. Never. Yeah, look, all the economic data this week was pretty good. It was good for risk assets. You had inflation, both PPI and CPI come in below expectations on the headline numbers.
You had retail sales have a huge beat versus expectations. So was that tell you? It tells you inflation is still trending lower, but it tells you the US economy remains very strong, which increases the probability of a soft landing, which is that the Fed was able to get down inflation without significantly harming the economy or, you know, sending it into a recession. So for risk assets, the data this week is extremely, extremely good. And we've seen it play through in stocks.
You know, as Michael said, like stocks have had one of the best weeks they've had in a while and just rates for a lot lower risk is rallying in trad markets. It's just crypto that seems to yet again be stuck in the mud and significantly underperforming traditional markets.
And again, I feel like it's technical things, you know, it's like people are talking about the US government, Bitcoin again, the amount got distributions, we had all the jump selling of E. There's just all these technical cell pressures on crypto and not only just ETH, but also Bitcoin and probably FCX estate stuff and other things like Solana, etcetera. Like there's just tons of cell
pressure right now on crypto. And it seems like we haven't still had like the retail influx and we've had some ETF infos, but it hasn't been as huge as and as persistent as we would have hoped. And you know, because some tech stocks have done so well this year, stuff like NVIDIA and the whole AI bubble, people haven't felt the need to move or switch to crypto to chase those like extra returns. And that's just where we are right now.
And I don't know, I feel like crypto can continue to underperform trad 5 for a bit here. It's like, what's the the big positive caster for crypto other than like Trump winning? Obviously, Trump has now fallen massively behind in the elections. And even if he did win, we don't know, you know, what things he's actually able to implement and how soon he's able to implement
them. So it's almost like the landscape for crypto having been like so bullish as just like being flipped on its head once again because of these technical cell pressures and also because the politics has gone in the wrong direction that we wanted to see for crypto. But you know, like whenever, when everything feels shit and everything feels bad, that's supposed that's the time you're
supposed to be buying. And I think if you know, what you have to remember now is we're going to go through month after month after month of rate cuts because the Fed base rates right now is at 5:25 to 5:50 basis points. That's like a ton of rate cuts that the Fed is able to do over the next year or two if they need to. So we're in rate cut season now. We will be from next month. And that does change the way the market behaves and the market reacts and the psychology of the market.
So there's a hope there that, you know, we get crypto going again, but you know, we just haven't had that spillover from Tradfy to crypto just because so much of Tradfy has actually done well this year and outperformed crypto as well. So yeah, I don't know. I'm kind of feeling like if I hadn't taken any profits this year, I would take some profits here if I was still up. But I think if you've taken enough profits, which I feel like I have, that I'm just kind
of holding here. I think if it drops 2030% like on majors, I would buy that. I think that's kind of how I feel right now. Wait, you saying we're dropping 2030% majors? If we drop 2030% majors that I would buy that, but I'm not going to buy here. Like that's the drop I want to see for me to add risk here I think. So what the hell is a Bitcoin death cross? Like it's a chart pattern that people seem to really live by, but I swear there's a death
cross a few weeks ago. There's been many death crosses. Like it's not predictive. Well, that's. What it looks like generate the image of a Bitcoin death cross. I feel like there's been a death cross every other week. Yeah, what the fuck? Exactly. It's. A death cross on the weekly, which is generally like a a longer term, like a longer term trend following, which basically means that the what it normally means is that the the short term indicator has now gone below the
long term indicator. So. Oh when the 50 MA and tournament was got it. But does that mean up or down? Normally it would mean down but it but but it also can just mean we're in for a period of chop. Yeah, like we have been since February 29th, 2020. Fourth, it's a love of. I mean, look at this thing, brother, it's February still. Yeah, not great, not great. So Bitcoin's looking at 58. Two ETH is 2590 and Solana is just 140. Just just that 140 here. So hang tight everyone, hang tight.
Summer's not over. We need these investment advisors to come back from the Hamptons. Just give him a couple more weeks. September 2nd is Labor Day, you know, just just in the words of Raoul pal, don't fuck this up. Just sit this one out and wait for it. Speaking of politics, a flipping question for you guys. So when the market crashed on that Monday, right? Was it this it was the Monday before it was the last Monday. I lose track of time the.
Last Monday I think. Last Monday, so that was the Kamala crash. But now that the market is about to have its best week of the year, is that also the Kamala pump or is that the Trump pump? How does it work here? It's fine That was the problem with the the Trump campaign branding at the Kamala crash is because then it it'd be shape recovered. So is it the Kamala? I mean, it was the yen Kerry trade like unwinding and then the Bank of Japan stepped in and said we're not, we're going to
kick the can down the road. Not. Great. It's all just silly. The most interesting thing happening, I think and we can talk about the polymarket the the fun Dijon bets on the speeches maybe later in in. My segment. But Kamala is like starting to introduce her economic policy and it's got like some got some very interesting components. I think a lot that are being received fairly negatively, I guess depending on kind of which side of the aisle you're on.
But she's talking with some fairly extreme stuff like $25,000 credits for first time home buyers, price controls on groceries. I think it's a few other additional price controls. So it's it's going to be an interesting DNC to to see her really roll this. Out what is that today? DNC starts next Monday. Next Monday, OK, well I guess we'll see. It also doesn't help the markets that now where this monkey pox
shit is all over the place. So there's definitely a lot happening in the world and it's a little weird. Anyways, Tyler, let's see what you got today. Yeah, it's a bit of a slower day. So for starters, we saw crypto majors lagging stocks, Bitcoin holding right at 58350. Right now. I'm wearing the Bitcoin propaganda hat. That's for a reason. New ETF, Defiance ETF, they offered a new product, it's levered access to MicroStrategy stock. Nice. And it caught $22 million yesterday.
So we'll perhaps we'll go into that in a minute. By dance, they restarted their India business and the potential sign, I think Zusu was commenting on this, of crypto's return to India. So that's a big one to watch. Trump's press conference sold two and a half, $1,000,000 bet on on Polymark again, just on which words he would say. So Polymark continues to kill it on these live events. Tampon baby. Tampon hits again. Must to the D Jin's delight. It memes.
Meme coin majors more red than the the crypto majors pretty much down 1 to 7%. Only three memes over 10 million market cap were in green on the day that I saw across all chains. So that was pretty rough Rooms are actually looking a little bit better. Pups was actually up on the day and then pack moon they delayed their launch to their army launch is delayed till next week. So we're going to have to wait a little bit longer for that and NFTS kind of interesting
headline here. Meta St. launched a new AirDrop pass. It allows users to trade future AirDrop yield, allowing that discounted NFTS and more. They they separate them into two tokens. Rec drinks. Let's go introduce new daily claims and streaks offering fifty daily drink points for users. Rec guys pumped on the news up 30% to .39. I think they're up 100% now on the week. Those Robit prizes are getting
better, folks. A couple other quick headlines, Doodles, their new single Not in the Store debuted on Spotify today, so you can you can listen to that. And then Sotheby's announced a new Digital Art Day sale over 60 lots. But Enzo's, punks, Ringer squiggles and more. So digital art is back. Oh, NFTS are sold back? They're sold back.
That actually rejected a $41,000 bid on my Doomed yesterday by X copy and this morning I woke up. I don't know if I'm absolutely redacted or not, I guess we'll find out. Ovi asked you for your opinion but you were asleep and then he had He gave me an hour to to to to make A to accept the deal or not. So it's OK. I DM Raul after that and told him you. Accept it. You told him no. Nothing leaving. No, it was 15 1/2, sixteen 8th for the doomed. Come on.
I have a little respect for the for the first ever, you know, X copy edition ever. They don't make them like that no more, right? True. It's a. It's a real collector's item. It's definitely a true a true collector. 'S item that was laughing behind his cameras like shit, this gets so redacted anyways anyways, NFTS are so bad let's talk about
a few things. So I do want to get to the red guy stuff, especially because we have Ovie here, the father of the red guy and red drinks and drank and all that good stuff. So we'll get to that. But first, Tyler, talk to me about yesterday and those and those, those, those odds. And I want to know what you got today for what Kamala is going to say because damn, we hit. We hit. I'm deep into I didn't, I didn't go as hard on yesterday's pressure. Let me pull this up.
So, yeah. So Trump had a press conference yesterday. Like, once again, he kind of meandered around and rambled for quite some time. But the big difference between this and the Elon's speech is almost everything hit. Almost all of them hit so MAGA hit tampon hit illegal immigration fake news, China Elon debate fire artificial intelligence all hit some of those were were decent underdogs tampon was a pretty big
underdog. I think notably crypto Bitcoin did not get touched on again in his speech where he went around the horn I had oh so I had a bad beat on this. I only bet on two. I bet on fake news to hit, which was about even that hit. Yes. And I said no on fire, fire because I didn't think he would talk about firing anyone in this campaign, which was is what the the word was in there for. But he said it in a different context, saying he was going to fire up the nuclear plants.
So like that's the that's the risk that he didn't face when when you're betting on words is they can come across in different contexts. So does it settle in positively for you? It does. I mean he just has to say the word they don't care about. The Let's go. Just say the word. Say the word. Oh yeah, so I lost that the. Easy one was Elon because it was Elon or Musk and just got out of Elon. I hit on tampon again, obviously because that was good. So it was it was a good day.
I turned the whole 500 bucks to $1000. You know, call me GCR. I cannot believe that two and a half million dollars was bet on this. Like the Elon Trump thing. Like, that felt like kind of like a Super Bowl for like spaces. Oh no, it's politics. But like man, if a random Thursday press conference sees two and a half million dollars but. So what do we got today? I What do we? Got Amala? Amala, I mean, coconut is not bad, you know, I like crypto
because it's very low. And The thing is, she just had her crypto reset thingy so you could, I don't know. Yeah, I already made my card. Let me try to find this. What will Kamala Harris say during today's speech? So I went no on gouge gouging 5 times. I don't think she's going to say it five times that that's too much price control. I like it at 3:00 to 1:00. And then on that not going back, that is like kind of her one of her campaign slogans not going back.
So I think that one is, is a likely one to hit yes on abortion at $0.60. I I like that one. And then no on Ukraine. I'm just up training you right now. Like as you're talking, I'm just throwing $100 bets at everything so. The the difference for Kamala is like, she's like the opposite of Trump, where Trump just kind of says whatever is on his mind and he just goes around the horn. She's going to be tight on screen. She's teleprompted and pretty.
Much like you're betting on. What are her speech writers going to put in the speech? Keeps writers in control. The speech writers on Polymarket right now, bro, they are like we, you know, they're, they're betting, they're getting ready. Like imagine the M effort that gets to write the speech and at the same time gets to make money on the speech. Imagine that's the thing. So like, at what point it's like, are the speech writers going to start?
And there's enough money on this where I mean, you could, you could make some pretty. What are we like? You're probably not going to pull 6 figures, but like you could you could pull 50K. You knew all the. Interesting I. Mean if you could write the speech, or if you had access to the speech early. There's enough liquidity to to win 50K on this. What what other yeses you have abortion and. Yes on price control, yes on not going back, yes on abortion, no
on gouge five times. She she just doesn't repeat. I don't think she's going to repeat herself like like like Trump does. She's not going to go around the horn as many times. And then no on Ukraine. I don't know why she would bring up Ukraine, really. Interesting. What do we think OV Amanda? What do? What do we what do we think here? What does Kamala likes to talk about? Honestly, like I'm just so like I just feel like I'm in a different world right now, like.
This is this is the European. There's nothing else for us to do, Amanda. We can't. We can't bet on memes anymore. They all went to 0. I think not going to say tampon or not, I just, I you're witnessing this is now what crypto is like. This is what everyone's doing. They've moved on from from memes to this. I mean, what memes? What memes? Are you just looking at the market? That's what I mean. It's like now this is what we're doing.
Let's be honest, like we are just in the gambling industry at this stage. There's no, there's just, it's made it so pure when we're just betting on words, which Trump would say. Or Kamala at this stage? At this stage, yeah. I mean, Obi, what do you think of this whole, this whole, you know, arc? Not surprised really. Like at the end of the day, the main reason why everyone's in crypto is just fucking gambling. And this is like an extension of that, but just on random things.
And if you look at I mean, we have like a quite a big like sports betting industry in the UK and it's not like, you know, and then the US and some states, it's not really legal and stuff, but like the idea of like spot betting in the UK on just random things like, oh, how many yellow cars will this guy get? Or like, you know, when will this guy take a corner and all that kind of stuff has has been here for a long time and betting on stuff like this has also existed in the UK as well.
But and the ability to cash out of your positions and all that kind of stuff. Like it's been around for a long time here. So it's not new to me. But I guess just the adoption of it for something around like a big event like the US elections and it getting to to the stage of like betting on random words and speeches and stuff. It's kind of crazy, but I didn't my initial thought is like, you know, how much how much of this stuff is that getting fixed and stuff? You know what I mean?
Like Trump, we already know all the Trump's are pretty dicey people from from recent experiences. So you know, all they've got to do is like one is like kill dad, make sure you say tampon. Let's just put a load on it. And then I don't know, I said dad, That's right. I didn't feel that, but. Well, yeah, I mean, remember RTR, that was like two months ago that was. Feels like two months ago. Have you recovered?
Yeah, I didn't I mean I just took a big bet on it, didn't I calculated bet and it just didn't didn't work out. So it is what it is like in a way, in some ways I'd rather have lost like the amount that I did then then lost like a smaller amount like at least I like went for it. But this is, you know, whatever like. Oh yeah. It's annoying, but I didn't
really. I'm not like that upset about it. I would have maybe put it this way, I get more upset about situations where when I think to myself, man, if I had the same information as I did at that point in time, I would have made a different decision now. Whereas if I went back in to that moment, I had the same information as I did then I would have made the same decision. So yeah, that. Makes sense, Can't. Be can't be upset about about at
myself about that. Yeah, that dumbest makes sense, Tyler. Another thing that actually we have obvious. So it kind of ties up to what you're involved in. But Tyler, tell me the latest on Packman. So they they they delayed that one week. Was there a reason? I just to have more time to make sure they roll it out seamlessly and there's a lot of holders, a lot can go wrong. So they want to do it right and like I'll say, I think it's fine like this. This market's kind of crap right
now. Like who cares? Let's wait a few more days. I don't think anyone's in a in a huge rush. They they actually on the nifty show. I think they did an interesting over under on Army, Army market cap next Friday, 4 million. I mean I think I'm way over that. I think I would set the line 4 million. Are we doing another blasting? We're. Back. We're back. Nah, Nah, Nah. You can't. You gotta, you gotta, you know, price this versus where. You know well. What is Sam?
What is what is Sam say? What's 9059 say? I mean Ovie. I mean, you're you're. The you're the. You're the ex Fresh Prince of blast. I mean what do you think on pack when you you've got your bag, you're you're burning your pack. When I saw your posts about it, what do you think happens? I don't I'm I'm sort of with Tyler, obviously bag speaking, but you know, like. That market cap is incorrect by. The way that market cap's not right, yeah, because all the
most of it's been burnt. So where do I see the right current market? I don't I don't even know honestly, but it's it's over 4 million right now yeah I. Think it's like around 12 or something like that, right? Like 11 or 12. Yeah. OK, so we'll we'll shut we'll. Close. I think it should compete with like the mid tier memes on on Seoul. I think the best mid tier memes get to like 100 to 150 because PAC moon does have a massive community and it had 100,000 fault holders.
They have like 250K Twitter followers. Like they really did nail the social engagement game. So based on like the size of the community, you would think it should be like one of the top mid tier memes, which I think is one to 100 to 150. Now the question you have to ask yourself is once everyone bridges, is this just like exit liquidity for everyone and people are just going to dump straight away? Or are people going to wait and
see and and watch you go higher? But I just think the team is really good at like creating social engagement and creating this community feeling to it. And I think if they can run it back and do it again, there's no reason why it can't compete with some of these other coins. And I like it because it's, you know, like with Seoul, you just have all the same fucking people and the same fucking coins. And that's why it's so PvP,
right? It's just the same group of people, whereas this is now a different group of people and none of the sole guy, none of the typical soul guys will own this and they'll probably all fight it out the gates as well anyway just because they don't own it. And so I think all those things are quite constructive for it. But it's just a question of like who the additional buyers are going to be in the thick and like really now that social
engagement game. And the trick for them is going to be wanting to make the current holders feel like they want to hold for hire rather than necessarily needing in needing new guys to come in because new guys will come in if people don't dump it, I think. What do you think Mando over under 4 mil by next Friday? I mean we are the non bag holders versus the bag holders on the right of the screen, right? I haven't.
I just, I don't have a strong view on it, but the way that it's being spoken about, it has echoes of things that I've heard. Last call baby. Last call baby. I just haven't. I like, I really don't, but it's the same. It's the same group and they're all. They're all have a. Thesis around how where they should trade and. I really like all I can tell. Everyone's had a chance to sell. This thing is down only for for two months. It's down 90%.
The blast KOL cabal is OSF Tyler nine O 59 Jen deffer reward that he left before it was too late he's just. Out of that. He's a genius. They they they booted him out of fantasy Top for that. Rightfully so. The guy said yo, fuck this, I'm out by the way, fantasy top. I record a bunch of teams on that. We should talk about this in a second time, but so blast is trading at what I'm just trying to pull out the entire why am I on the? Ball bad looking chart. I'm just trying to.
OK, so this is the blast chart. So yeah, I mean, yeah, I mean, good on them to push this a couple days, I guess. It's not looking good. What's Blast Market? I, I think, I think blast is a buy here, but you'd have to hold on to it for, for a while. But yeah, if you're bullish alts like that's one of the things that I would look at. Are you bullish alts? Not really. What do you buy before you? I don't actually, you know, I'm not bullish on alts, but I do think they're a good bet, if
that makes sense. Yeah. Like. So many alts are down like 95% that I kind of feel like throwing in, throwing in a few just like punts just to see what happens. But yeah. Yeah. Like someone, I just thought someone's going to make a shit load of money on like buying some of the shit that's down so much. Every time I see this one Twitter trader talk about alts, about the pump, I see them go down another 90%. And yesterday he tweeted twice about them. So I'm, I'm very, I'm fairly
worried about that. I mean, what do you buy first if you want to have exposure to either you buy mog and Pepe or do you buy Optimism, Arbitrum and Blast. No, you buy, well, I don't know like, yeah, sorry for you buy on the basis of this year, you would buy MOG or Pepe because they've been a stronger performance. But meme coins kind of feel a bit weak here as well now. So I don't know, just the whole market doesn't feel that great. Right, Ethan FTSET. NFTSI mean let's let's segue
into that. Tyler, talk to me about NFTS. We'll talk about let's talk about all the NFTS and the red guy and stuff like that. But Tommy Tyler, what's the teller? I mean, you know what, you know what it is? You know, a lot of people say on the time, like bring me back to 2021. I don't really want to go back to 21, but I'll tell you, I do agree with the fact that NFTS are somewhat more fun because it lasted longer. Like on meme coins, I get rugged
on every six hours at least. NFTS is a slow burner for the rest of six months. You know, so and you had this feeling like red guy right now is for the people who are super in the trenches in the DMS and stuff like it's like reinvigorating this community feeling that you don't really get from meme coins as much right.
It's like, what do you what do you see, Tyler right now when NFTS tell me. Yeah, I feel like whenever the meme coin sentiment goes terribly South, everyone just like remembers they like NFTS again, though, like broader NFTS and still probably down pretty far from all time high like the news. Well, like if you look at the market, I mean, it was a slightly red day, but in general, all the 8th majors were up 10 to 2030% on the week. So pretty solid comeback from the the dip, but not really
making new local highs just yet. So I go let's you know, let's hold off on the the big parties. The ordinals are doing OK, like quantum casts. Honestly, it's a lot of this like up and down every day. So they're green on the week. That's good to see. Still mostly red on the the month. And then the story on Solana is D gods, clearly that they're outperforming everything. This news out of meta St. It's actually pretty
interesting. So they they're basically are splitting NF TS into two tokens and you can you're going to have an AirDrop pass token and then the basically what's called the discount pass, but that's the NFT itself. So you've got the NFT and then you've got the future yield and the AirDrop pass and you're going to be able to trade each.
And like they're starting with pudgies, little pudgies, honey jar by bear chain and bitbears SO4 collections that a lot of folks are speculating there are airdrops coming in the future.
So if you're bullish on abstract potentially doing a token drop for pudgy holders and you think that's going to be big, you know, you can go long a pudgy AirDrop pass on the on the opposite side, if you're holding a Pudgy and you're actually not thinking that the AirDrop would be that much or they just won't even do it, you could sell their pass and and get some extra extra liquidity there. So it's an interesting idea. We'll, we'll see, you know what adoption looks like.
It's probably the most interesting honestly for Bear Chain. And I'm not deeper, I'm not as deep as the the whales are in that, but the the whales and bear Chain that they've got a lot of these entities and they're all pretty bullish on this AirDrop. So I can see that where the that those two collections would be the one that had the most volume and attention. Interesting. That Meta St. team is good, by the way, very sharp team behind that.
So that's interesting. OK, that's some cool stuff going on in the NFT world. And yeah, so Speaking of NF TS, I mean, you know, Tyler, you had red guy today in your in your newsletter. What's the latest on Red Guy Tyler? And then we're going to ask the the father of Red Guy himself. Yeah, I mean, we, we want to hear it from from Ovie, but the the news, new daily claims and streaks and then everyone's wondering what are these mysterious Drake ports that that users can earn on a daily basis.
Clearly, the market likes it. What are those of the? Man himself. What are those? I have no drank points above the official line is it's above my pay grade, but it represents your community, your contribution to the to the wrecked way of life drank points. But yeah, you know, if you head over to rewards.wreckeddrinks.com, you can earn drank points for doing various social quests and stuff right now. And we're very close to launching drinks that we manufactured 300,000 drinks,
half of them. Yeah, we just went for it. Hold on, what the fuck? Yeah, 150 K in the US and 150K in Europe and they're hopefully going to go on sale pretty soon in the next few weeks. You're also going to be able to earn drank points for just purchasing drinks, like real drinks that you'll the actual wrecked drinks that you'll get
delivered to your home. So right now it's just various like social quests, you get streaks and stuff for logging in everyday and having consecutive check insurance. It's pretty like low effort stuff like we didn't want to make it that spammy. I know there's been lots like spammy farming that wasn't really our ambition here. And the main thing is going to be the drinks once we have them up. But there's, you know, some fun stuff you can do on there. You know, if you own a wrecked
guy, it multiplies your points. So you know, if you're, I think if you're 100 rec guys, you can get two extra points. But yeah, we launched this maybe about 3 weeks ago, I think, but we kind of started a bit slow, ironed out the bugs and issues and stuff. We're still fixing a few bits
and pieces. But yeah, the last two or three days have just really picked up. I think our like we like quadrupled the number of users that had registered and we're like 10X, almost 10X like the Daus, you know, versus a few days ago. Mando Minutes Partnership, you know what I'm saying? Mando Minutes partnership out there. Like oh wow, you you partnered. Wait, hold on, hold on. You guys announced a Mando Menace partnership? Bro that's like the fastest
growing newsletter in crypto. Put on last week and things have the people have loved it, you know? People have loved it. It's it's true. When Styler did it partnership, it's not we've been. Exactly. We got the best newsletters in crypto right here. Exactly. But yeah, check it out. You don't. You don't. Need how do I drink my shot like you know how you have to verify So I finally made my account and everything how do I drink today's shot like.
So Scroll down. OK, are you are you logged in? Yeah, so, so scroll, scroll it further down from the not you don't work to get the Yeah. So for example, you just have to press start. Yeah, so you have to connect your Twitter. Connect my Twitter. Yeah, yeah, exactly. And then you can like retweet the tweets and stuff pretty easy. You don't even need to own a wrecked guy to get involved here. You know, like anyone can do it for free. If you own some NFTS you get
points. Like even rug radio, the Genesis rug radios will get points. I think it's camp. I pan camp by pandas. I'm surprised you didn't revoke that. Well, so far still camp by pandas. It's too soon. Yeah. Pudgy Penguins, creeps, a few other things. We're going to add some meme coins on there as well next week as well.
And although if you have any of those, basically you can connect to your wallet and you'll get bonus points for signing up and they're pretty like decent bonus points that there's not nothing. That's why when you log in, you see Sony people with a lot of points right now because there are people who've claimed points for owning stuff. Obviously if you're in a red guy or any of my art in addition to stuff, you get points too.
So, so yes, yeah, you just definitely I would, I'd recommend getting involved before it's too late. I love that. No, this is great. Congratulations on everything You obviously love to see. It's a red guy, actually, So that's probably why you made Tyler's newsletter, because he monitors the market. Was probably one of the only greens right this week. Yeah, he's. One of the top top movers of the day. Top movers of the day up 32% in
the day so well 85% a week. So hope you guys kept your red guy. The Pepsi points comment why I brought up made me laugh. Did you? Do you guys watch the documentary about the Pepsi points Ovi? I've I've I've not seen it but I've heard about it. Yeah, you should you. It's actually the the, the jet thing, right? Like the our military. Play that was wild. That was wild. So I forgot the year, but it's
in the 90s. I believe there was Pepsi points and for having they made a a prize that they thought would be impossible to achieve would be if you get X amount of Pepsi points, you get a fighter jet, like an actual military like $30 million fucking fighter jet. Someone actually managed to make it happen by partnering with the millionaire and like figure out
like a loophole or something. And then Pepsi what didn't want to give it right, Because they're like, what the hell, We can't just give it. And then the government had to get involved. Like it's actually fascinating. I forget the. Details, but yeah, that's the high level. Yeah, it's so funny. It's called Leonard versus PepsiCo, and there's a whole lawsuit and I'm pretty sure he ended up winning anyway. So for being Ovi and Mando, I think you guys should put up a
fighter jet for points. So anyways. I like it. Yeah, I think, I think that would be that would only be fair. Tyler, before we get to these to these giveaway, is there anything else that we missed out ahead? Can I talk about my Big Mike ETF, Your Big Mike, Mike Saylor? Big Mike So. This is pretty interesting. I'm talking. About you, Mendel. You're Big Mike. Big Michael Mendel. So Defiance launched this new MSTXETF product. It gives investors access to levered micro strategy stocks.
The ETF tracks the stock price and then uses debt to amplify the position and aims for 175% exposure to the stock. Overall. Had a had a good first day. It's all $22 million in volume. MicroStrategy stock briefly popped 4% to 139. I think it was back at 1:32 this morning. Still up 2% while Bitcoin fell. I think what what makes this more interesting as a Bitcoin beta play. I was looking at the MicroStrategy returns against Bitcoin, so on, on three time
frames. So year to date, Bitcoin's up 32%, Microstrategy's up 92% on the year, Bitcoin's up 100%, Microstrategy's up 257%. Then on two years, Bitcoin plus 179%, MicroStrategy plus 360%. So it's greatly outperforming. And now you've got this ETF, which is 175% of MicroStrategy stock. So in theory, those gains would be up even more. And of course, past performance, not indicative of of future performance, but for those who who are a little further out in the risk curve and we don't have
memes to to gamble on anymore. This, this, this levered MicroStrategy ETF is an interesting one. And I didn't realize that MicroStrategy had been outperforming Bitcoin by that by that much. It's pretty eye opening. OK. I think that's interesting. Love to see it. So we'll see A to the future of that. What do we think? I had a let's let's let's get those robot spins going. We'll pick two people from the audience. But first, what do we think on Monday? Are we going to be higher or
lower than today? Let's go around the room a little bit. Tyler, what do you think on Monday? You know, listen, I'm no Marin, but I'm. Going to say lower Oh. Shit, what do you think, Mando? I saw that now like crypto fear and greed's at 27. So we've gone quite badly into fear again. I don't think we're we're, we're going that much lower. OK. I think we should go low, but I guess I just think it will bounce. OK. I like that. What do you think, Olby?
I want to say higher, like I want it to be higher but it feels like it's going to be lower to me. Damn it. All right, well, I'm going to have to do a anti consensus here and say that we're going higher because UMF first are all bears. So we're going to we're going to fix that one.