Yo-yo, yo-yo, what up? What up? Good morning, Good morning GMB Thursday. This is my favorite day. Thursday February 8th 2024 look at that another beautiful day to have a beautiful day I swapped Co host today you know I we pay fixture we give a OV a mental health break for one day. You know it's very tough to host every day and and bring and swapped in for for Mando today so we don't have OV but the great Mando is back. Mando good morning GM. How you doing? I'm great, man. How are you?
Dude, we are absolutely vibing. You're definitely not home right now. Where are you? I'm in France. I'm in France. Yeah, came out here just for for a few days, chilled up in like the mountains near Nice. Where's the view? Where is the view. It's a bit cold. I didn't do it on the balcony today. Oh, that's chilly, I guess. Yeah, I listened to the show, though without me. OSFOSF actually spoke for a for a for a little bit of the show. Thank God.
You know I on on two days ago I I did the whole show alone pretty much and even OV after I was like you know what I don't even remember We hosted this morning and it was on Monday morning and I'm here saying like what's up OV like you know what How can you do in the morning like, Oh my ghost in the house whatever. Good morning OV how you doing? And he goes. I'm hungover. OK, Why? I was out with KB. MI mean like shit. All right. I'm gonna have to do this one long.
So I would just spit like 10 minutes and send it to OV so I could breathe and get back to it. And mind you, we had the CTO of Ledger on, but at least we did the loot boxes and even that went out that went wrong. So we're redoing it tomorrow. But anyways, so that's that. It's been it's been fun though. Love OV And yesterday was a sick show. We had the whole squad on there. Thank you X Benny for life from the tunnels. You know, as I don't know if you saw he made a red drinks.
Did you hear Benny's Red Drinks song? No. So you guys just are not red drinks. You guys have a new theme song. I would like to show you that right now. So here you go, you guys have a theme song now is a juice. Red guy is a juice. It's not a alcoholic drink. It has. It's not an energy drink. We think it may be water or some kind of fruit juice, but it's wrecked there. You go. Wow, so you go the state of the show without you? True story. I I I mean, I barely know what
rec rec. The rec drink is like. I always ask OSF like every day like what is it? And he goes, it's kind of like this, it's kind of like that, but he likes it so. I cannot wait for it, but anyways all I have to say, yesterday we had a whole squad, even Loxy was on here talking to us with RSIC and like what's going on bitcoordinals, let's go step. So anyways with that, with that, so just FYI we are given you know $1000 away again today. All you have to do is retweet
the space. The space is pinned at the top. We're live on X video. We're live on YouTube as usual, Mando and myself, so it's always better experience on video. But if you're on Twitter space today on the show, you're going to have a chance to win $1000 by following from our Robit and ourselves. So we are still doing this. And tomorrow, tomorrow we're re rolling the loot boxes for the two people from from from Tuesday. So it's gonna be a banger. It's gonna be fun.
Make sure you retweet everything and that you're in the room today on the show. Today, today, what do we have today? I know Sam's has got a whole lot of stuff to do for us to talk about Mando and I got things to talk to you about today. Let's do market report as usual. Market is pumping right now. Love to see Bitcoin at 45 three as we're on the show. Solana above 100 so that's lane east is almost $2500. So love to see that bears in shambles and disbelief at the same time.
And pain. NFTS Israel, Solana, Bitcoin so live Bitcoin EE blah blah. And I I want to talk to Mando about forecast a little bit. I know he made an account. I know he's not convinced yet. I want to have a conversation Mando about Forecaster and we're going to pill him on the show and we're going to make him dominate Forecaster with Mando minutes. So anyways, anyways, anyways, why don't we get this party started? Who is the man macro daddy of the land? Can you dig it? Yeah, GM, everyone.
So super, super strong start to the day. Bitcoin smashed through 45 K and just looks like it's continuing to go higher. Really. You had some like short liquidations which happened around 44 K and then we've just kept on going higher. Open interest has been rising, but it doesn't look overly excessive to me in terms of like funding or anything like that, at least not for Bitcoin. Some of the other old coins potentially but definitely a strong period of the market.
You've seen slightly under the form but still doing well. 2460 Solana really picked up. Yeah kind of has recovered almost fully from from all the FUD around it going down. It's now up to about 105 area. So that's a big big move about 10% move over the last 24 hours. You've had a bunch of the the Bitcoin related coins start to go higher, things like stacks or the all moving higher today and then then you have a bunch of the AirDrop coins also starting to move.
So dimension has breached 7 billion as a as A. How much is a pudgy Penguin AirDrop? I mean it must be around 20 K now, maybe more. I'm really down bad man though you got. Seven KA pudgy, right? And you you have two. Yeah, I didn't. I didn't mint them. I didn't claim them. And then you have, yeah, like dimensions flip, flip Jupiter like dimension. After all of that we were all saying that you know, Jupiter was going to be the big one. Jupiter's at 5 billion
dimensions at 7:00. So big, big flip there in in like the hype. There, right now. Do you know how painful it is to be on the show right now with you? Yeah, wow. And then you have a bunch of the other coins which have this sort of AirDrop narrative to them. So Celestia has Breached 20. I think that's an all time high. You've seen safe has moved higher above 65. But yeah, just a generally
strong market for old coins. A lot of people point to this was a classic old coin accumulation period which is now coming towards the end of the the calls for Bitcoin did 30, 30K32K32K. They've all seem to be pretty distant right now this this feels like a very strong market just on the back of of continual ETF inflows. And then I just see continue to see a lot of headlines around the halving like people are are getting bullish into that.
I don't really know if that's like a super bullish thing, but definitely that's got the narrative again. So maybe we won't be ranging, who knows like this last 24 hours has been a very, very strong move in both Bitcoin and altcoins. So hopefully we this gets sustained and we continue on. But but I don't know I'm not completely sold yet in terms of like the positive stuff that's actually happening. The S&P is about to hit 5K. So macro is it's like super strong.
You had strong earnings from from a number of like key stocks. Disney had strong earnings, SoftBank had some strong earnings. So like just generally a strong earnings season has pushed stocks to to all time highs and that's kind of across the board. There were some slightly more dovish comments from Fed officials yesterday. So people got bullish about that, but macro feeling super strong and crypto is kind of
following following as well. So yeah, All in all, it's like a really, really strong 24 hours feels like this. This could be the breakout, hopefully, who knows. Yeah, that it could be it. It could be it. I mean, definitely hoping it is. And love seeing you know, all all everything's. You know what I just looked. I haven't been looking much, but you know, just like that, everything, everything's up. But my coin, there's like 5 coins total in all crypto today that are down literally like out
of all crypto. Like, if you look at Top Gators and Top Losers on Gecko, there's 123456. It's we mix. I don't even know what the fuck that is. Bed get Tron Monero Tau. But that's already up like a metric ton.
Can you please tell me here let's talk about this for a minute OK. What what's going on over there because you and I and and the reason why I want to go there honestly is because we've been talking about it also like behind the scenes that's something you and Olli was were talking about this morning and like what's going on here So that the the seven day thing happened yesterday was Wednesday
where it stopped. So the pump and or plunge protection is done right which would tell the team like how much team would take and then out of that a big portion of that goes to like the Dow and stuff what's happening what's the TLDR on that cause like all would think that like the narrative would like send it but it's not it's like the other way around. So do you want to break it out to me? What's going on here?
Yeah. So if you just want to focus on Jupiter, yeah, a couple of things came out over the last 24 hours. So they announced that their Launchpad is going to have 3 coins potentially launched over the next month. I think it is. They're going to be introduced over the next couple of weeks. So it's going to be another AirDrop coin.
Like if you vote on which coins are going to be approved, I think they're saying that you're going to get an allocation to those, to those airdrops potentially or maybe even the first look on those coins coming out. Obviously they had like a lot of success so that when token so it really becomes more like a incubator at the same time like kind of like owning like a an exchange coin which gives you access to to their launchpad coins.
So they announced that and then they they decided to keep the money that was that was part of that liquidity pool inside the pool as like a yeah exactly. So two good pieces of news that actually came out later kind of yesterday. I mean the AirDrop stuff came out earlier, but in the morning I bought it because I just thought like Fudd was so high and it took off, took off my levered sole position. It was like my big, big position. And then this morning I just got out of it.
I was like, I don't understand what's going on. So it went, I didn't get out of all of it. I got some of it. I moved into a couple of other coins which have luckily caught this this move relatively well. But I don't know, I don't know why, why these things sort of happen. Like it's. I just don't try and make sense of them sometimes in crypto because that can really make you into a bag holder.
But in terms of the the stuff that feels super strong right now, Bitcoin is the number one thing, right? Like Bitcoin, look at that. You could have bought Bitcoin, like look at that 4242 1/2 K So like it's moved about 5-6 percent of the last of the last look at the. Daily. Yeah, it's like a bit it's it's it's a decent move and so you have all the Bitcoin related stuff and I I think I like that right now. So I can imagine some of the ordinal stuff will move.
That's why I moved quite, quite a big bag back into Audi because I feel like that could move back up stacks. The layer two has moved, but yeah, Bitcoin related stuff is up quite a lot. I can imagine that running and then air drops is just the narrative, right, Like everyone is just talking about air drops because of how crazy some of
these have been. So I think the main ones to come which which people are getting bullish on apart from things like BLAST which I don't know how the air drop mechanism will work, but maybe maybe that could be bullish as like a medium term play. But then you have, you have Tia which everyone's been talking about for a long time was the Tia got you this dim air drop which has been just like knocked
out of the park dim itself. If you stake dim you'll be in line for a number of different air drops. And then that dim is dimension which is like the the roll up, the roll up L1. It's interesting tack, but like 7 billion, it's a pretty punchy move off the bat, I think. And then you have things like say it's got AB2 coming out in May, which I think will be a bunch of air drops for people I actually put out yesterday because I was like Jupiter seemed like an obvious AirDrop candidate.
Now that they're going to, it's going to be like an incubator basically. But yeah, still hasn't moved up higher. So but those coins, the coins that are related to air drops are things to come, I think are the ones that are moving the most today. And then and then this is this like Pandora stuff, right?
Like that's that's taken the, yeah, so Pandora is this new token standard on E which is kind of similar to fractionalization, but you can basically either own the NFC or the OR the ERC, the fungible coin. So I think they're calling it like semi fungible or partially
fungible. It basically gives you a claim to the same one and that's that's moved 20X over the last over the last week it was trading at like at like 10 million I think for a while straight off the bat and then now it's out of 200. So that's been a wild move and a bunch of other copycat style coins are coming out on Solana and so that's been the trend of Unchained. So a bunch of the other meme coins haven't really done that
well. Looks like WIF is hard today, but other than that most that's like the dominating one team trend I think that people are seeing. Yeah, that's a that's a great breakdown. You know overall all markets. So wow, damn it's been, it's been like it's been a few days since I had a whole market breakdown like that. Oh. Really. Does everybody not do this? Excuse me? Do you think OV would take 15 whole minutes like you just did to talk about Bitcoin to the
Bitcoin alts? To fucking dim and essay and and Solana Eco and explain Jupiter, then explain a launchpad versus a narrative? No dude. And then talk about the SMP and the market. No, no, no chance. No chance. The minutes just got me at like a different level of. Switch. That's true, right? It's also the minutes that, like, it kind of holds you to it, you know? And it's. And I love that. I love that. I love that. It's funny anyways. Sign up, sign up for the minutes.
I'm doing a special giveaway for February, why don't you? Join 6-7 grand. Yeah, 6.9 K If you sign up for the minutes, I'm choosing one active subscriber. So anyone who's in the audience hasn't signed up, sign up. We've just breached 5000 subscribers heading towards 10. Yeah, it's going to be bigger. Things Wait, I never said that. I never said that. I'm just kidding. You can refreshing. I'm looking. Yeah, but I'm feeling like a Mr. Beast off, Mr. Beast off on this
thing. So I'm going to make this get this to 10/20/30 K subscribers, make this into the biggest active newsletter and encrypted hopefully. OK, OK. I love that. I love that. I love that. It's pretty easy. Honestly. It's right there. It's like 1. But I'm already, you know, signed up. So so I can sign up for more? Wait, if I sign up for multiple emails, can I win? Yeah, OK. Fine. Just kidding. I won't do that. Y'all won't go and do that. Just checking in here so definitely sign up.
Anyways Speaking of this topics, topics, topics, what do we have next that we wanted to talk about. So look we've we've talked about, we've talked about all this, the market stuff. There's a lot of stuff going on. Hey it's good to see ETH pump too. Like I'm not going to lie like I know we're more like Solano centric and stuff like that right now. And like we're talking Bitcoin, but like ETH is also having quite a moment and all the L2's are flying, bro.
Like I was looking at which I believe had above $2.00 again and that whole ecosystem like ETH is almost at what 2500. So that's there's a lot going on, is it do you think? There's a lot going on. Is that a result of ERC 4/4 or that's just separate like was just meant to? No, I think there's a few different things going on there.
The first, the first, most bullish thing that's happened over the last 24 hours is that ARC, which is Kathy Woods Fund, have refiled their ETF and they've refiled it in the same way that the Bitcoin ETF was approved. So that might indicate they're talking to the talking to the SEC and there's maybe a path forward, it may not. But and they've also added like some staking features to to it. So generally, people saw that as Wow. They might be able to get this done.
On the other hand, Promethean, which is this? Do you remember Promethean, which is like this bogus exchange? You mean the SEC exchange? Yeah, the SEC linked one. They came out yesterday and tried to claim that ETH was a security buyer. Like trying to claim that they were being a security custodian. You can like who knows if you go into Poly market right now, sometimes I like going to Poly market for. This I love Poly market, bro. It's gone to polymarket. Let's go. Let's go.
And you bring up ETH. Just type in ETH see see if it comes up. The theory meet you after they go yeah it's this one right by May 1st there's two of them this one has more more smart on it there you go. So you can you can bet on on prediction. It's a it's a just for people don't like polymarket's a predictions market so like you can bet on the outcome of X or Y or Z. So it could be election based, could be sports, could be the craziest stupidest things.
Could be you know some yeah. But anyways, go on like this is about the theorem spot to have approved by March 31st 31. So it's kind of a 5050 trade here or like maybe 6040. So it tells you a lot about how where the market is like people generally think that it it will probably get approved but it's very, very tight at the moment and you know most of these things are are not that even. So I would say that, yeah, definitely touch and touch and go whether that happens, so.
I mean if I put $1000 I only make 8% return on this bed if I, sorry, approved by June 30th. No. No, it's 8%. Here, that's a strict. When you put $10, it's 72%, so I guess it's because it can't take too much money. 100 bucks. You make a 72% return, but you put 1000 bucks and you make so it's still new, right? It's very young, it's APC 8%, so you could fire off a few $100 bets. Kind of want to do that just for fun on the show and see where we're at.
In June, it's $100. So, yeah, people, people getting bullish on the idea that it'll probably go through, but I think it's still got a lot of, a lot of stages to go through. I think the Bloomberg guys are like 60% chance it will go through JP Morgan, Don't think it will go through the SEC. That Promethean thing is kind of telling. I would say the SEC are trying to maybe be a bit subversive, subversive there in trying to call ether security.
So but on the other hand you also had which we haven't seen ever yeah we may get a a stable coin bill in the US there's been some very big pushes. Remember we had that guy on from was it from Ledger about public policy last year? I think it was. And he said had a. Global policy Ledger or something? We would not see any sort of crypto legislation. Probably not hit the floor in 2024.
It'd be difficult if Yellen made a speech, I think it was two days ago pushing for legislation and there's been a lot of whispers that we were about to see a stable COIN bill in the US, which would be very, very big, like that would be the the next after the ETF. That would be the next big thing. About a CBDC, where is, is that what you're talking about? No, no, no, no. It's like legislation about how to regulate, regulate stable
coins. So that would be that would show some improvement I think in the this acceptance of crypto in general. CBDCI think I still think is quite far away like I don't think that's a this year thing or it's kind of being pushed by by most people in government at the moment. So yeah that that's slightly more bullish. And then for ETH as well, you have, I think they like the final stages of the ETH Denkin
upgrade got done yesterday. So we should see that upgrade happen next month it looks like, which would be the big one for L2's in terms of changing their revenue and stuff like that. So people might play ARP or they might play OP into that optimism ARP that sort of stuff just because it could be a a good trade. So yeah, that's where we're at for it. You've definitely had a better, better period. It felt like after Solana went down, you know that that could be the obvious trade, but then
Salaam is just like ripped back. Yeah, so it was. It was actually lagging behind while ETH was and Bitcoin were doing its thing. And I was just looking at like 98 or something. And I was like, wait, I'm looking at it. I'm looking at it. And then the next second it's just like, there it is. Like, it's just when it goes, it just goes. So we love to see that. I mean, it's really the jupe thing for me. That's just like, like I'm here. Like, what the Hell's going on with that trade?
You know what I mean? It's frustrating. Yeah, it's Max Payne. Oh, 100%. I think that's that's Max Payne. But yeah, yeah. Anyway like I said, I did, I did the same thing. And I I just, I don't, I don't like being in trades, which I don't understand. And you know what I mean, why? But I can imagine, I always, I always have to be in the same trade, right? Like he's been you. I think this is the difficulty in general, like once you stop playing ecosystem trades over the the main.
Trade classic. It can be very dangerous sometimes because you think you think Solana up. I don't know whiff should be high or you think Solana up. All these, All these. We start with jito, right? Like. Right. And also they're on. So it's something to definitely be wary of. The right trade was just to have Levitts on. I I took it off, but I'm back into it. I'm back into some of it. I love that I. Still have my. You're making me want to make it all back in one trade.
You can. That's the beauty. That's the that's the beauty that's but you could always could always look all the way. You know you could always go the other way, you could also go the other way. Anyways that's some good coin and market recap update and talk. So let's let's talk a little bit about NFTS here. Let's let's go through D Jens.
I don't know if you've you've been paying attention Mendo, but you're you know the big one puppets you know David David going maybe going yesterday one puppet was like $3700 which is wild. But if we look at across all Chains right now I'm a digens here. Of course you can check it by chance. Let's go. Let's go one chain at a time. So let's start with with with ETH. There's this collection that nobody like. A lot of the collections that have been going insane are also
tied to the ERC 4/4 by the way. So I don't know if you you saw that but there was the the Pandora collection. Wait, it's 12 ETH. Yeah, well, it's like it moves one for one with a coin, right? So I get with a coin. Whoa. Hold on. Yeah, people think it's going to Flipboard X. Wait, I wow. Yeah, so that's that's been the big main mover. Right, like on on Monday when we I did the market report on the NFTS on the show, dude. Yeah, I mean, oh shit. Feels like it feels like you're
coping twice. But actually it's just the same trade. Do you know what I mean? Like, it's because you can buy the NFT or you can buy the got it, got it, buy the coin. So it's not like you're sitting there going like, oh, I could have bought the NFT or like and. The token, yeah. Yeah, yeah, like it's. Yeah, it's just one major. It's just one major cope, right? It's just like, you know what? Like, hey, like I'm not kicking you twice in the nuts mildly. I'm just punching you in the in
the nuts as hard as I can. One shot. Yeah. OK, got it. Exactly. Then you had pudgy Penguins just moved higher. After the dimensions AirDrop, there are a couple of big sweeps. Yeah. Remember pudgy Penguins is people are. When I put out this thing yesterday, which is like, oh, what is the best thing to own
the airdrops? A lot of people replied it's pudgy Penguins. And I think there's a very good case for that because OK, so pudgy Penguins just got dimension layer 0 would be they have a partnership with layer 0, which. Oh, that's the W token. They have a partnership with ZK Sync, which has got a AirDrop coming. They have a partnership with Magic Eden, which has got an AirDrop coming. Oh yeah, they and all of these as well could have ongoing
airdrops. So like people are really looking at this as the as like an air drop and they might even have their own token too, like there's a lot of speculation about that, so. Let's go. So people are getting super build up on pudgies just as the gateway into a bunch of different air drops. They're clearly the the NFT of choice of the D5 community and like just to take a step back, D5 has come roaring back, like roaring back over the last over the last couple of months.
Like if you go on to Defy, Lama for example, Defy is back to the levels from 2022. So like kind of around the time that we saw some of the big sell offs. So we're back to the levels from May 2022. So D5 has really come back. A lot of this, this has been the restaking narrative. Narrative has meant that people are staking more and then restaking. But the D5 TBL is back to 63 billion. Yeah. In let's have a look in in in October that was at 36 billion. Wow.
So it gives you a sense of we've we've basically had nearly a 2X in D5 TBL. A lot of that has been multi chain as well. A lot of that is this restaking narrative. So D5 has come roaring back. That's where a lot of the air drops have come from. I I do feel like a lot of this is like Ponzi upon Ponzi. So I do think that it's a it's perhaps not the healthiest TVL rise I've ever seen but at the same time it's it's come back very strong and five GS is the D5 OGMNT right? Like what? Happened.
The crypto the CT versus like NFT Twitter Pudgy you know was always that in 21 it was always that. I mean the lyrics remember the story. Fucking Primo bought pudgy Penguin wizard hats for the entire company early on and they all have like no literally like he was writing about. It's like when there were nothing. So I'm I'm happy like I, you know, as as much as some other trade could be painful like my pudgy's that I bought 2 out of for six heath total when ETH was
way lower. Like had I gone that dime, that dim thing which I didn't was like 20 grand would have, would have paid for my 2 pudgies 4 times over already. And you have all this coming, so it incentivizes you to huddle. And there's only 323 pudgy Penguins out of 8000 listed right now. So it's the like sellers are running out tokens. It's definitely, It's definitely an interesting way to play the AirDrop narrative, right? Like a lot of them have been playing.
You play one coin and then you stake it pudgies, you can just own it as themselves, which is already crushing you and you get access to all these different airdrops. So people are getting very bullish on pudgies again, even off the dimension, they're like, right, we've got ZK, we've got layer zero, we've got magic Eden, and they'll probably be like 3 or 4 them already missing. So people are definitely getting bullish on that. And there's a few other NFCS like that, right?
Like you have mad lads. The pith like V2 air drops are now starting to happen. I think it's like 150 million million of air drops there. So people are getting bullish on what they will get. I don't know if it was yet announced what they're going to get, but they're definitely going to get a bag of that. And then you had, you have obviously like Tensor the Tensorian. So there's a few ways to play it in NFTS, but it does feel like the obvious one is is is is Project Penguin.
So. So yeah, those those have rallied. Those are back up to 18 ETH, up 15% on the day and the little pudgies are up similarly. So that's been a decent year in ETH NFTS. Obviously nobody, which is that recent mint has done well as well, but. Check this out. I'm just looking at Punk That 059's Shit Defrogs, a new ERC four O 4 token has hit a floor of 1.3 ETH with sales as high as two ETH. It's just a derivative of D
Gods, but in Frogs I have none. I'm just saying this is 7 minutes ago we posted it. This is hilarious. Like there is there is so much money again, Mando being made in the space. Seriously. Like the second you take your face out of a sandbag that you're in, not you. I'm sorry. In general, anyone that could be me with jupe could be anyone with things. It's like, OK, like take the fucking loss of the chin and look up, you know what I mean?
Or like take the win somewhere and go get it somewhere else. Right. Don't have to overextend the win, right? There's so much going on everywhere, trading wise, whether it's ETH, NFTS, Altos, Solana and Sequel look a little cool down on that front. But Solana, the the token itself is going fucking crazy, right? And then on on Bitcoin, I mean Bitcoin the the the ordinal sign. At the moment, Mando is just going insane like all things ordinals.
Everything's pumping. Did you did you get your cat by the way? Did you see which cat you had in the end? Yeah, I I was away so I didn't have a look at it, but let me let me have a look at which one I got. Let's see what you got. Is it in my wallet? Yeah, yeah, they've been distributed I think a couple days ago or yesterday. But you know, while you're looking for that RSIC, right now I'm looking at the magic Eden Front .128, Bitcoin.
The thing is, all of these things are up, guys with Bitcoin that printed a $2000 candle since yesterday like it's crazy. So you have like, so for example the RSIC right now at point twelve 8 * 45 three, OK, you're looking at a 56 fifty $800 AirDrop Mando, so $5800, right? Divide that by 2450 ETH rice. So that's a 2.3 ETH. Air dropped to people just for having like a few ordinals, right? They version of some puppets went on.
Like when's the last time Mando that we saw an AirDrop worth like 2 1/2 ETH like that from an NFT collection? I don't think it's happened since like the the elementals on on the izuki front. Like it's pretty wild when you think about it that way. Oh that's a nice cat. Minus got a nice cat. I like that. That's cute. That's nice. Yeah. I think it's nice and and so Speaking of the quantum cats like think about capital injection right. Like that was a .1 Bitcoin mint.
Our guess is on the show by the way when you went around with OV was like that it opens at .25 ish. It opened around that one 2.35 ish. Now it's at .28 Bitcoin like, but bitcoin's up. Like it's so wild. Like how much more of this in dollars? Man it's 12.6 dollars. Oh yeah, yeah I can just go there. I can. I just forget you guys show U.S. dollars. So 12.7, it's it's it's really crazy like the amount of money being created and generated on
this. Like I know so many people cooking on RSI see right now bro. Dude, remember that guy that swept like $300,000 worth like like point O75 and posted it like this weekend? Like this guy's up like 6 figures on the Bitcoin you. Can really run like you, you, you. This is just how crypto is right? Like once a Ponzi gets going, like it's but like there's no, I love that. It's not like it's a lot of people are put in that money. It's like we have literally
created value out of nothing. Like dimension has just been created out of nothing and suddenly it's 7 billion, right? Just think about that. And then people can bet on that. They can use that as collateral. They they use that for their own portfolio. Like that's how if I was given dimension air drop, I might take more risk in another place.
So suddenly you see, This is why I was saying the other day that like when you have these massive air drops suddenly coming into the market, the Ponzi can just keep going because people think they can take more and more risk. Now it is having gone through like at least one cycle kind of arguably too now like you feel you, you you see how all of this can also very easily collapse, right? Like once once things start falling, everything starts. Falling. I mean, we saw it happening in
front of us and to us, right? Right. But but This is why crypto can can just can just really go a lot higher when you have these sort of air drops because once these people start making money out of nothing, they can really start running stuff up across the board. So yeah, we're starting to see that a little bit some some really frothy price action in in a bunch of different things, things increasingly not making sense, I think in terms of evaluations, but that's OK. I think that's.
OK. Well, I think you can mix of it, right? Like like if you if you try and make sense of these things, I think it's kind of silly. So it's best to pick narratives and pick ones. I have to say that I have not been trading that well for the last for the last month or like I had a really good trade with that Solana trade, but then like I had a much better trade and I didn't make as much. And then what I think is that I just need to think a little bit like one step ahead.
So the reason I put on the Audi trade or put on some of these Bitcoin ordinals traders because they feel like they're down a lot, some of those BRC 20s and they're gonna let it come back pretty strong. But if you can catch one of these early, they can really move and then the momentum can be kind of insane on the on some of them, so. Yeah. Like I mentioned, it's about to hit 8 billion. Meanwhile, here is at 54.2 cents. It's you could sense of
frustration. Look, I put the trade on the show and I talked about it, so everybody can probably guess at this time, at this point, like you know how damn bad we are. But it's not damn bad. It's just, you know, when you huddle, you don't lose. You know, you just live long enough to become a community member. You know it's something. That I'm refusing to be a community member. That's.
You know genuinely how I approach this and then I do want to talk for like 10 minutes with you about Forecaster and shit. We can go on and then give the $1000 to the folks. But. The way I approach this is like I'm going to give it a a little bit more time because I'm not also like shaking in my boots like Oh my God, this is going to go to 0, right? I I I just like, I think like I'm going to give it a little bit of time to like adjust itself and hopefully it catches on.
Like you know maybe people have placed our position on Solana because the underlying tokens doing very well and a lot of the Eco's not as much. So like you know if you get Solana trying to break trying to, you know it's a 126, right. Was the previous high to try to try to break that. A part of me is like, OK, well, maybe that's going to rally on the back of it and maybe that's coke, by the way.
Like, maybe it's like Max Payne is that Solana rallies breaks at 1:20 to 6:00 marks skyrockets to 143 to 150, which is like Next up and then Jupiter just stays at 55 to 70 cents, like that's Max Payne, right. So that could also happen, but that's kind of how I'm approaching it. So I'm going to take it day by day and like probably make a decision by end of week and then just cut it and go, you know, I
think that's that's the move. Yeah, I think the difference between Jupiter and being a community member of a ship coin is that Jupiter I think has got a lot coming but but but I don't like it when things don't make sense to me. It makes noise like even Obi was like, well, he kept bringing back the fact that it's true, there was a lot of fun, but The thing is where at this stage where, like they've. Like what was the thought? Well, the thought was a smell,
right? Like the morning he came on here was insane. Like it was like, you remember, like it was there. It was crazy. It was not even, it was actually 8 days ago. Right. So it's like, so there there's that, right. But at this stage they've that happened there didn't take the money that people said they did. They left $63 million on the thing out of 73 mil taken. So it's it's not it's not right. It's not the same thing. But hey, like, I don't blame people for putting their money
in something else. There's money everywhere. But anyways, it's going to be an interesting trade to follow. If you got the Deep Eye Llama right now, yeah, and you go to volumes. It's always number one, like it's been #1 so much. You go to aggregator aggregators, it's done 575,000,000 where. Do you want me to go here? I'm here.
Come. On you go to volume, go down to the bottom, no, no, on the left hand side, go go down to volume, no down, down, down, down, down, down down Volumes aggregator. It's always. It's just the number one. It's right there. And then do compare it to chains. So go to volumes and then chains, so go to the left hand side again actually. Compare chains. No, you don't compare it like. Look at. That's all of them, right? Or. No, no, no, no. Go to volumes and go to volumes again.
Just click volume, click Overview, Overview or Chains actually next to see below it says Chains so and go down so like it's doing more volume as a DAP than Arbitrum, Finance, Chain Suey, Bind basically, which puts you like it gives you a sense of like, yeah. You. Literally. The pain is so bad to see that, like, it just hurts. To see that so like, but that's the thing. It's not a shit coin. So like it's clearly a lot of stuff's happening.
Like there was some FUD, but like come on like this is well compare that. Like the dimension. Like dimension. No one's using dimension but but you're probably 8 billion. Not that's not a FUD to dimension. But like, I don't think you can't really make sense of that. But that's crypto though, right? It's beautiful. I love it. I love it. You know what I mean?
It's that's crypto for you. It's like, you know, fuck it, you know, I even it's Max Payne. That's it's happens to your coin, like, you know, my coin in that, in that case, it's like it's like crazy because I've been in coins before that made no sense but went up and I'm like, hell yeah. And people like, well, that makes no sense, right? So it's like, heck, most of the world still says the whole
crypto thing doesn't make sense. So anyways, that's that's just that's just what it is. And I will on the next episode of of what happens to Pharaoh Troop, you know, we'll see what happens. OK. Well, tomorrow I'll, I'll follow up on tomorrow and I'll follow up with you guys on Monday. But stay tuned. Stay tuned. You should ask. You should ask me out for like like a hat like you. You're like going to be an official community member, it feels like. Honestly, I wonder I should at
least get a Discord role right? Like I should. I should be like community member, I told Mail this morning I was like get it back on the show and met for I answered back an hour ago because let's do it next week you'll come back. Next week you'll be fun. I I actually had so much fun with me on the show. It was great.
Anyways, in other news, just want to close out, but first, but first, but first everybody, we need to talk and I'm talking about us and you guys down in the audience or looking at us on just like over 100 people always in the morning. We're at 4750 followers on Film Wire. OK we need to hit that 5000 mark, that's that's for sure. And we're giving away $1000 a day. Every single day I wake up at check price, good price. But I also wake up and give $1000 on FOMO hour.
So we need make sure that y'all enter by following at FOMO hour here, OK? And make sure that you also follow in of course our partners making this possible, you know, giving us all this money to give to you. For what it's worth, Robicom right there and make sure that you're retweeting the main tweet every morning. So it's this one, this purple box at the bottom right. You retweet it and you have to be in the space.
I see 300 tweets for now. We're not gonna do give away now but we're gonna do in 10 minutes and we're gonna give $1000 to someone that makes an account. We credit you same day by the way all the giveaways are always paid out day of thanks to burn Doggler and the back end. You know Speaking of community members you know this community manager with best in the game.
Best in the game right. Both rank and rock radio love to see that and and and anyway So what we're doing that every day so make sure that make sure that you guys follow us and you know show us some love. Let's let's break 5. Right, Mando. It's 5000 much to ask. It's not much, right 250 more? No, it's not so bad all. Right. Like what's Mando minutes at? Like 5 two or something. There you go.
So both of them just flip Bitcoin now, so bring them up on Bitcoin. Speaking of subscribers, stay on this. You don't mind though? I'm a big forecaster guy now you know you left for a few days you came back and and and I'm on to I'm on I'm on to the sings dude I I am hooked. I'm addicted. You know when, when, when, when, rekt mendo you know Mendo minutes forecaster account? Someone else mentioned this to
me like I need to be on there. I just it's not that I don't think it can be valuable, like I'm not trying to like spit in the face of of forecast. So I just, I just don't know if I can be bothered to like it feels when I the experience to me feels very similar to Twitter. Yeah, but. That's a thing, right? Right, but that's I guess what I'm trying to say is I don't really feel like I need to like just duplicate the same content. I'd probably post like twice, three times a day Max.
Like, I'm just not going to post like 6 * a day, you know? So like, maybe I'll just wait for like it to become even big. I don't know. You can tell me to put Manda minutes on there. I guess I could. Like that's easy content for me to just repost. But yeah, maybe I will. Maybe I. Will you got it? So I have to do it on my phone? Is that is that the? Oh, it's no. You can do it. Where?
So this app that I'm showing right now on the computer, that's Warpcast, so you can literally get warpcast.com. It's a. It's a website. Yeah, no, but when I try to get it. So from your device you log in like sort of make you scan AQR code and then on your screen it logs you in. Kind of like Kuko in in some of these exchanges, you know how you have to like take a. Photo is it? Is it only on? Chrome. Oh, it's a website. Yeah, it's pretty cool.
But anyways, So what I like here, I'll show you. I'll tell you why I like it for you. So I made the paragraph account, right? Paragraph. Is this like Forecaster native newsletter tool, right? And you can. There's a difference between reading online, which is like redirects you to the website, but also reading inline.
And that's something I really like about Forecaster for example, and allows you to like write a newsletter, let's say mando minutes and people can just read it live on the platform natively itself like this. And then just subscribe in one button and boom to subscribe to you. And that changes everything in my opinion when it comes to like online shopping subscriptions,
RSVPS, 4 events. It's just that that to me what's interesting what RSC exploded forecaster recently Mando like you've seen it like Solver timeline, they're doing like 60,000 DAUS now is really the fact that like the frames. And that's why I think that a lot of people should hop on to this is because is there's so much being built. And I wrote like a thing, like my 7 reasons why. You know, I'm bullish on Forecaster.
And it was funny, Mando. Like, I have to say, you in the click of a button, you make a, you make a, you make a newsletter, and then people can subscribe right, right away. And there's 300 subscribers to my paragraph thing. And all I'm doing is like writing my thoughts. And instead of writing a thread, I upload a paragraph. Like a like, I don't really run a newsletter, you know what I mean? It's not my thing. I don't want to be a newsletter person.
So so so again, this is me not knowing that much. What is the difference between what cast frames 10 paragraph Like how am I interacting with those three things? So Warp Cast is the the centralized app that's being built on top of forecasters. So Forecaster, you know is just a protocol, right? So decentralized recall theorem, Warp cast is is what Dan Romero and his team are building. And then frames is something that you build on top of
forecaster. It's like the name of the I could always have someone explain better to me from a more text standpoint, but it's just like code and it allows people to build tools on top of forecast. So for example, like there's people that do frames that build frames for like podcasts, right? Like for example, soon what I'm working on right now Mando our morning show, I'm going to get it broadcasted on forecast or using a frame. And how do I see the different frames?
Like how do I see the different things being built? It's here, so this is a frame for example, so you can see someone they posted like they did an episode says it's for more hour. And we have like our episode from today, episode 56, you all put in the form of A-frame there and you can collect it on base and then it's just collected like that. So just by click a button, I collect the NFT and I can mint it or you can read directly and like, you know, redirect people outside of it.
So there's a lot of things being done. The best example that people gave us the Girl Scout cookies, like they built something that allows you to like shop within the frames. And like what's crazy is that this person's Girl Scout cookies, like the highest selling Girl Scout cookies in like, America. Oh really? Yeah, it's really wild. So look, it's it's this person here, There it is. So this Girl Scout cookies here? And it's $6 per Boston.
I was posting my newsletter on LinkedIn for a while, but then I just hated LinkedIn. So maybe I'll do this instead of LinkedIn. Yeah, it feels like why not? Why not? See how it goes. What I like about it, like Koopa, like he does this like ecosystem thing, like he used to do this a lot on ETH and whatnot and then he made this like Farco system thing and shout to Koopa because he he put me there and like he put like rogue video on
there on the media standpoint. But there's so much actually already being built on forecaster. And one thing that you'll find interesting like there's a whole coin meta too. Like for those of you, for you DJs are like into like shake coins and stuff like there's a whole coin medal on base now Mando based on forecaster because you have the digen token and like people are hanging around as tips. I saw the token.
I saw the tokens here. Yeah, it definitely feels like people can digen and you can buy stuff native. Yeah, exactly. You see, so you see the thing that essentially that you can buy the token within Forecaster, that's A-frame. So someone built A-frame so that you can buy a coin within Forecaster, for example. So what I find cool, and This is why I'm obsessed with it honestly is less like. How do I see that this is a bit I don't get like am I? Do I just post a link and that
that becomes A-frame? Or how do I create my? How do I create a frame? Some frames are like codes. There's like websites now being used to help you create a frame. For me the paragraph thing is simple. I write an article like on like on sub stack for example, right? I post an article like your mando minutes and I publish it just like on sub stack on mirror XYZ all I do is take the link to my article and post it on forecaster and it turns it as a it. It makes it A-frame like for
example. For this I don't need to do anything it literally I just copy past all my the link to my article and that's it. So it's like for me it's minimal work because you know I I don't want to be bothered like thank you guys it's too much right? But there's a lot of different things like frames can be used to mint like you can make for example like something that real cool use case I saw and something that starter crates was talking to me about a lot yesterday is that you can MF first.
For example, I did a mint on base and you can do a mint on base on forecaster natively. That's generative. But on top of that you can make it so there's requirements. Remember like fair that XYZ like, oh, you have to follow and like and retweet to like. Be able to mint this. You can do it native to forecaster.
So what I'm going to do is like for example I'm going to do a cool free mint for rug radio on the rug radio forecaster account and you can only mint it if you follow the rug radio account for example or if you're recast which is like retweet or repost the the post with the mint and stuff. So it's it's it's really cool and there's and and there's and there's a lot of stuff that can be done there.
But anyways that's that just just worth paying attention for people But I talked to Dan Romero and like he's down to come on the show. It's just that he's really busy right now. So I was like, he was like just give me, he was like give me a little bit of time to like, you know, do my thing here, let me cook, type a message and then I'll come on. So it'll be cool to have him on and talk about this, but it's just, it's just worth exploring.
I think it's more for you than like for example, Oldie, just your newsletter, right? But it's for like wreck drinks and like selling directly on.