Yo-yo, yo, what up? What up? Good morning. Good morning. GMG, Monday April 1st, 2024 Four, Four. And which month of the year is it Mando. Javier Ferrimas 444? You know what day is going to be after after after tomorrow? It's going to be 4424. Whoa, ah, what's up? What's up? It's a beautiful day, my beautiful week. A beautiful week. Have a beautiful week and a beautiful Q2 to have a beautiful Q2, lads. Wow. Q1 was a banger all across the
board. Personally, professionally for myself and everybody around me. Love to see it. I know the boys cooked as well. Everything's cooking and we are now in Q2. I got my Co host in the house. OSF Mando was poetic. It's Monday, it's the 1st of the month. It's the first of the Q2. It's it's almost like everything's falling together on this wonderful 144. Hobie Mando. What's up? Y'all. Damn, I missed this. How you guys doing? Great, man. Great.
Yeah, we we, it's been easier since you've been on the show, right? Like we did. We did me leading it last week and then even before that you were off the second-half of that week, right? You just took some whole life. Dude, I missed the thought of the You're right. The week before that, I missed Thursday and Friday. Then Monday, Tuesday, Wednesday, Thursday, Friday. I missed seven shows in seven days. Whoa. That's why they. Barely on your show at the
moment, man. Like you're you've got a lot of different trips. A lot of different trips. Are you are you trying to tell me that you're leaving the show and starting Amanda Radio? Are you? Are you? Are you meant to tell me that you're actually starting Amanda Radio? Is that, was that what's going on? I mean, it was Manda Radio last week, given that, you know, OV was not on and I was not on. Actually OV was on the last couple days, but was it the week before?
I forgot. But anyways, I remember watching you. I was in the car in Hong Kong. It was like 11:00 PM bro. I remember watching you and Spencer and Nine O 5, Nine and that. Was on the Friday, yeah. That was on the Friday. Yeah, that was. Damn, it's been so long. It's been so long. I promise you, I'm not going to be gone seven days like this anymore. Here it is. Europe, you can you can do with the show. 430 PM, 3:30 PM in London, whatever.
But Asia, Hong Kong. I mean, 12 hour difference, man. It's a it's it's like you don't even live in the in the same reality when you're out there. Don't you guys find it? It's weird, man. I don't know. I didn't feel like I was around. What's up OV? How's it going? Jim Fibbin fibbin sharing broadcast. I'm trying to get remember again like how I'm supposed like what my method is. Usually when I start the show you forget like 10. This is a lot. That's crazy.
It's like, look, I share this, I share that I opened the dog with the titles, this and that. Anyways, it was a beggar of a weekend, so I'm sure we have a lot to talk about. It was a crazy week last week and it's a crazy weekend this weekend as well. So let's see what we're going to talk about today. Today's show Today, Today, Daily Market Report, Azure Crypto macro and all that good stuff. The market is racing to 0 right now. It's over. Pack your bags.
Q1 was fun. You know, let's see what the bear has in store for us in Q2. I love the next topic. Memes, Dreams and NF TS. Seems that's a good one. I love that I didn't come up with that one. Nice one. Says I don't mind that you like that one. Memes, Dreams and NFTG Jens breaking $2 billion. Thanks. Volume surging. Fucking L threes. What? What is an L3? We'll talk about that. I see. What the hell is going on on the purple chain? It's. Man, what a weekend.
Holy shit. Didn't sleep much this weekend. I'm not gonna lie, between the jet lag and the Dejenning, it was tough with Flip's ARB, it seems. I mean, probably not anymore. Now and then, Capsule, how long is the token? You know? Same thing for him ever. Same thing for poopy. All that good stuff. Fuck, it was so crazy, man. We have to recap a lot of this stuff. Hot NFTS, puppets, rsic, blah blah, blah. Ordinals runes are coming. Actually, it's a oh fuck. It's having months too. What?
Wow. We have a lot to do this, OK? We have a lot to. Start 420 is the. 420 Oh my God, there's token 2049. Two this month, there's this. This is actually a big month for crypto, because that's also a really big, really, really big event as well. But anyways, we have a lot to talk about tomorrow. We're doing not one, not 2, not 3, but four Robit spins. Oh, I missed those. Oh my God. Oh, Robit spins. Let's go.
And you know what? Just because just because because I, I wasn't around, we're going to give away $250 today. All right. Let's do that. Let's do that. We're going to give away $250 today. So you know what? Retweet the Twitter space says purple box bottom right drop AGM. Because I miss my GMs. I miss my people. So I want to see GMs after GM, after GM, after GM and a retweet And if you follow Robit and rug radio, I'm sorry.
And FOMO hour, FOMO how you are. And Robit, we'll pick someone down the show and give you $250 credit to your account. But anyways, anyways, anyways, without further ado, let's get right into it. Daily Market report brought to you by Rogue Radio. What's the word? You still don't know if it's at the beginning. Yeah, I was like, wait, this is Neil Mando. So traditional markets, not really anything to say.
Markets are obviously they were shot on Friday and Europe is shut today, the US is open today, but it isn't. I think it'll be quiet, there's not much movie either way. Crypto not really looking too great. Like we had a strong weekend, we had a strong week last week with inflows turning positive, Friday was a bit weaker and then the weekend was obviously very strong.
For memes, you know whiff hit almost a $5 billion market cap that was the main meme that kind of led the market and there were multiple memes that launched that hit multi hundreds of millions of dollars market cap and I'm sure we'll talk about
all of those later in the show. But today for whatever reason it seems like we're pulling back a little bit Bitcoins down to 69 K having been you know north of 70, ethers down to 3500 having been north of well almost 3600. Seoul had a you know a few hours above 200, we're now about to 192. So I don't know if like maybe some of the ETF data has been leaked or is out there or people are expecting a big grayscale
thing. I don't know if it's just maybe like a month end course trend type thing as well that's causing the market to sell off. But yeah we're definitely having a a weak start to April personally not really that phased by it. I think you're just going to have some pull backs here and there. It's halving month which is you know whatever you want it to mean to yourself and we'll see what happens then.
But you know something to to worth noting is that we I think the impact of having lower rewards from from mining Bitcoin versus potential ETF demand is like a real thing that we haven't seen before. So there's something to bear in mind there if you look at those ratios. But yeah, that's pretty much it really like strong for memes, but everything is receding today.
And I guess we'll wait for ETF data, but I think today will be quiet like today people are probably still out the office, just getting back to the office, even though it's a real market day in the USI just don't know. Yeah, I don't know what we'll really. See market is open today. In the US it is, I believe, yeah. Because. Because it's it's it's it's weird. Like everyone. I hate this thing. Hold on camera. See everyone asked like not sure if it's Monday off or Friday off
or Monday off or Friday off. I know some people are Monday off, some people are Sunday off, sorry, Friday off. But then it depends on the country. So last week I was looking and it was like depends on Canada, UK and America. It's like but then like some employers get to pick one of the days. I don't know. It's like a whole like weird situation today I feel. Yeah, it's definitely requires a
day today. Like generally when like we used to trade traditional markets like half the people won't be in just a quieter period like you have in macro. Gold just hit an all time high. Stocks all hit an all time high basically to end the quarter. Everything's doing fine. And there was an inflation print on Friday, which seemed kind of meh and nothing really moved. Like I think stocks, stocks look kind of unchanged just even today. Like it's it's definitely a quiet day.
Crypto's been a weird one, right? Like we've basically been ranging around this area now for a month. Like we kind of got here at the start of last month, this kind of high 60s area and we've just gone up and down and now we're just struggling just just kind of below all time high like that.
WIC lower took out a lot of the leverage Funding was a little bit high yesterday and now it's pretty benign actually like across the board in fact open interest went has gone down a lot in a bunch of different things. So I'm a little bit confused about the the the Bitcoin sell off because we've had a slowing day of outflows for for the GBTC on on Friday I think it was only 100 million outflow.
So there was an assumption that maybe they were you know they were coming towards the end of that. But today, yeah, it just feels kind of like we just want to test the boundaries of where we can go. Like there's nothing really fundamental I can see, which is why we, why we're taking us lower. It's just maybe positioning and and maybe people just want to clear out a bit more leverage, I don't know.
Well, I guess we'll see what this week as in store for us, but it was definitely quite the weekend. What, what did we hit? I think Bitcoin was 71 yesterday. Solana went as high as two O 5, right Two O 5. ETH went to 30, nearly 3700. It was wild. Of course all memes were flying as well across every single chain. What are, what are some before we move forward here? What are, what are some of these what are some Q2 predictions?
So OV, we didn't hit that 100K in Q1, but you did say H1, Do you still, do you still think H1 could be 100K? Bitcoin if, Yeah. If we keep these inflows going. I still think so. I still think. I I do. I think. Prediction, I think I. Think 100K for for H1 is still still in the cards three months. Right. So I've really measured around, so until the until like until July, July 1st, right between now and July 1st.
So it could be interesting unless the sellers decide to sell in May and go away like they decide to do this morning on Easter, they wanted their chocolate, that's for sure. Amanda, what are, what are some, what are some predictions? Q1, what about a, what about Q2Q2? What are we What are we thinking here?
I I continue to think that this leg of the of the cycle is going to be a bit more choppy like compared like it was kind of up only we've had seven straight months of Bitcoin being higher. I do think that as we go kind of above all time high it's going to be, it's going to be choppy on the way up.
I think 100K in Q2 is easily possible, very, very easily possible, but I do think it's going to be more volatile in terms of we're going to see continue to see more nasty Wicks lower and and even maybe even months lower than than we've seen so far. Yeah. It's going to be what are, what are some what are we thinking should we should we put some price predictions in for the quarter. I know we have price predictions
for the entire year. Should we should we put some price positions for the end of the quarter Could be fun just just the three majors like BTC, the Seoul, just some fun. What are we? Should we, Should we book something in? Oh, OK, I'll go Bitcoin. I'll go Bitcoin. 85 K ends the quarter, Solana 250 and and ETH. 3000. ETH I think around the same sort of level, so maybe 3702 thousand 800. All right, 3-7 or three? Eight. I'll put you for 3-3. All right, three.
What do you? What do you thinking of you? So this is a a big question because it will be after the ETF decision. So oh. Dude, this is a big quarter. You have to have it this month and you have the ETF decision next month. It's a. Very big quarter, yeah. And you also have blast AirDrop as well, which will be a big AirDrop for people. So I mean, you have. $3 billion worth of airdrops since on Solana this month 33 It's $4 billion between Parcel W. Keep in mind you know Wednesday
in two days is wormhole. Oh fuck is wormhole in two days, bro. Come on, I'm. I'm pretty bullish, I think. I think EI think Bitcoin will be 100 and 115 K OK. Oh. I think ETH is going to be 6K. OK, wait, no, you're making ETH OK, serious. ETH 6K1. 15 That makes sense. OK. And Seoul, Yeah. And I think Seoul will be 400 and 2420. What dude? Hey, if he's calling. For two X this quarter on everything if 2X. 2.
XOV if anyone? Dares to make a joke or hint of a bear joke to OV after hearing this prediction for Q2, including myself. There's 20% on everything OSS 2X everything. All right, so BTC 11566 thousand sold for OV and Q2. I love. I love that. OK, I'll go. I'm gonna I don't have to like go chop you guys in half like I'm gonna have to go in between you guys Like I I have no choice. I go I'll go BTC 100 I go I I
don't think E will do six time. I do think E it hits all time high, so let's say all time high 46. That's the real all time high in November 2021 all. Time high. Yeah. close. Yeah, 40. Six. So I'll I'll call for for all time high like close on like Q1 like we open above all time high like probably on the dot and then and then I'll say soul, I'll say 300. So I'll, I'll put it here. I've sent it from our chat. So that way we have it. There you go.
That's the predictions I'm siding with OVI think OV's right. My heart thinks OV's right. My gut thinks OV's right. My head wants OV to be everything. Everything is on OV side here cause OV OV's calls here for Q2 means we're all winning. So we'll go for those. We'll go for those. And Bernie, Bernie in the chats of course Bernie goes, I'm going
with Ovi's predictions. I don't blame you Bern, I don't blame you Bern. Hearing that you're you're you're shifting the partnerships that we go with Robit, CFW and everybody else. I think we have a few more long term partners coming on the show starting this week or next week to to to Mando radio so can't wait. If you guys need an intern for Mando radio let me know. I'm pretty good with social media, tenuous experience, so happy to join Red Guy and the community.
I mean, I'm pretty much like a community member or a red guy like since day one. So happy to like, you know, happy to go work in the dive bar. I feel like I went to the dive bar after I've hired so many people from it. So my kill count in the dive bar is like 3 now or 4. You get one in and they just hire all their mates basically. Fuck LinkedIn, bro. Just go to the dive bar. I I keep saying it. I keep. And that's bullish Red Guy. You know it It this is spot. This is spot.
Anyways, look, I think this is a good round up on the majors right? Let's talk about, I mean, let's talk about memes, dreams and maybe NFTS after first memes and dreams. I mean memes and dreams this weekend. So I haven't been here all week last week and I, I, I honestly, guys, I didn't treat shit for a week. I come back here, I get sick again and it's it's really just like sickness going on. So what? How did the weekend start? I forgot. It's been like a month in the
last two days. Where am I for drop? Because that was the big thing this weekend. Was that Friday or was it that Friday? Night, I think, right? Was it Friday night? Can you believe that we feels like? Aging it was Friday night. Or Friday day, maybe it. That was so this is what happened, right? MF for Coin dropped March 29th at 12:00 PM, so it was at noon. So it was after the show technically on Friday, which I
we didn't. Oh, we didn't host Friday because it was Easter. That's why we didn't. OK cool. And I needed some sleep as well. She felt really good. So that's what happened this weekend. I mean MF for coin. So Sartoshi I guess starting another meta meta or starting or not. Just like anyways found at ETH NFT found or dropping the shit coin or meme coin that is on on base. You know the current narrative. That's for sure. For sure. For sure. And then the shit going haywire.
I think it went to $300 million. Don't think I know I think it's 320 because I know every single minute chart on that chart. I've actually been naming the candles so oh this one's called Barry. Oh this one's called Sandy. You know this one's called Gary. So you know the the candles have names. That's how much time I spent on the on the on the charts because I had nothing else to do because I'm too tired from a from a week on the other side of the world.
So that happened this weekend. What are your thoughts here Did you guys cook this or what And what's going on with this Yumetta of founders in ETH NFTS selling dreams. And lastly, when Rex, you know, I think you guys should do an AirDrop on Rex on base this weekend. I demand it. I am a holder and I want immediate liquidity. What was the first question again? What did you guys think of this? What did you guys think of MF record?
I mean, that was this weekend. I know we talked about it a lot, like behind the scenes, but it's like I have to talk about it on the show, right? Like it happened. We haven't talked about it on the show and it was Friday. So like, what do you guys make of this meta in MFR I think? I think MF it works for MFR because MFR the NFTS are memes and Satoshi. Satoshi is a meme artist and he just tweets memes like his whole thing has been predicated on memes. For them to have a token.
It 100% makes sense and it's great. Like he airdrops that token to like every M effort. Everyone who minted his open edition, like everyone collected his artwork so it really rewarded people who just stuck around basically and it was worth something. So yeah I think it's and if they're not on base which is interesting as well which is definitely very interesting but yeah it went it looks like it went really well and it's it just makes sense like I don't I don't think it makes sense for
every project to drop a coin. And I think remember when you do drop a coin, it creates A liability for the founders. Like if you drop a coin, you have another thing in your ecosystem that people buy and people will become very demanding of you to drive value to that. So if you're more of like a utility based project and you're building things and you're not really like a meme project, then you know, having a token I think doesn't make 100% sense.
And what you may make some short term money for your community. And I think that at the end of the day that's what everyone wants, you will create a massive liability for yourself going forward. And if you don't have a plan or if you haven't thought about it for a long time or prepared for it or gone through the legal work you have to go through, you know, like you can't just drop tokens and send them to people, right? There's legal repercussions depending on how and when you do it.
If you haven't thought about all that stuff and you just instantly do it without thinking about it, then I think you're in trouble and I think people will find themselves in trouble further down the line. But if you put a lot of thought into it and have constructed it and everything, then yeah, I think it it can make sense. I mean it. Looks like there is a lot of thought that went into this one. I was just sharing the screen for those of you who are
listening on video. Of course, as usual we're live on rugged YouTube but also ex broadcast all of our pages so you can find us there right now. But there's a whole last white paper right? Obviously Satoshi Sartoshi it's the meal continues right. Like on the white Bitcoin white paper like fucking MF is white paper and all that good stuff. So it was that one was done. Like I I pretty obviously love
that one. I've also gone a nice air drop shout out to Sartoshi thank you again and I'll post about this weekend but it was like you said like it's one of those that came as a surprise right? Not the presale model, blah blah blah, which works for bone, but obviously not for the 500 presales that came after that, which I think we should talk about because OV. I think you got caught in a couple of those over the weekend. Oppa baby, he got me. Back.
He got me back. You. Back. He got you back, bro. He got you back. Hey, I mean 72 apes in one clip? Nothing's worse, more painful than that. Speaking of which, that comment earlier on my tweet about where I posted the April Fool's prank you could pull on Sims like this guy, Ronan Hunt thought. He said this is like a condensed version of what they did to the BA YC holders when they sold all their apes. What? What did we do? Wrong. We violated one BA YC Blur. 'S it's Blur's fault.
It's Blur's fault, actually. Like, keep that thing talk, because that was also something this weekend. We'll talk about it. When we talk about NTS, keep that thought in mind. Anyways, oh back on the MF stuff I thought it was funny but like it was a surprise thing which was fun right As a one-on-one holder actually took like 6 hours after token launched and realized that I had an air drop. Like the token was already torn to Mill and I was like wait, I
saw a tweet from fungible. He's like oh thank you Sartoshi for like one of one holders. Like what the fuck one of one
holders. And I checked my wallet and it's like 240,000 tokens because I have two one on ones and NMF and I guess some additions of the bonsai trees that he did back then with Mills. Remember like the first thing he did at the bonsai tree that like it was like A8 ASCII like art or whatever it is. So that was fire to to to get that AirDrop, which at the time was like worth 50 grand. Obviously lower now. But the entire market seems to to have gone to zero since we started the show.
Maybe it's bad luck. Maybe you guys should do that mind of the radio thing. Maybe I'm back in the markets. You know Bitcoin is literally literally just like holding barely for its life right at last time's all time high which is really terrible. And I mean ETH is living on life support 2500. Someone please provide it. I'm Solana 191 of 3X in in in 1/4. So I don't know. I don't know things are pretty pretty grim out there. Anyways, Mando, you're quite DMF
for guy. What did you think about this? Because I remember the first time we met was the time where you actually told me you had just swept those apes because of the board. Remember you had just swept the apes like but also you used to tell me yo, I like these MFS, I like this trade. Then they run from .45 E to six east. So you you have been on a tear with these since day one. What do you think of this the meta this weekend? I think I think it completely
made sense. Like This is why I think it will work for him and maybe not for all projects, but remember I like Dark Farms. Sartoshi is one of the the best
known meme artists in the space. He's obviously had a bit more of a chequered past like people not everyone loves Satoshi because of because of what happened with MF Fers and then he did the open edition let leave and then he kept the trading fees and then he came back and but he he has been consistent and I think people still overall like him like I still own MF Fers and like he's he's a funny guy to follow. You know what I mean? I I think so.
When this happened I was like this this totally makes sense. The other thing that I understood is that you said to me like MF has run Podcaster like they all a lot of the top accounts are related to that community syndicate who built out the D Gen. chain. They they obviously like you said they they all own MFS from when they were working with you right? Like they kind of it works for the base community as well. So I was like, this is going to
cook. That being said, I didn't buy it at launch because I was like I didn't know how much of an AirDrop I had. I was like I kept on thinking I had to claim it and I kind of dicked around and didn't buy it. And then I woke up the next day and it was at 300 million and I was like, I'm not buying it here. So I did buy a very, you know, I I bought a chunk when it dipped down to like 130 and I've traded it around since then. But yeah, I I'm a fan. I think this will do very well.
Like what's happening with base right now is like next week I think it is or this month there's going to be in a way for you to be able to buy things on chain, on the base chain with your Coinbase account, like inside the the Coinbase app. So there's like, I think a bit of a structural bid to a lot of bass memes, but I didn't. As I've said on this show several times, I didn't find many of the bass memes that good. I've I've like it weren't. That good? Until this weekend, they're all.
Kind of mid in my opinion. So I I feel like MF is a decent one which is why I kind of got involved because I was like you know it's got a community behind it everyone everyone likes that
people can get behind that. So I yeah I think I think it will do well and then it got it got by bit listing right like only only D Gen. which is the the the Syndicate Farcaster coin that's got a listing and now this got a listing that's kind of big I thought so yeah it's kind of hanging out like I would say 150 area right now I don't know I I think it can do well I I. I so I'm like, I I agree with you. I love everything about it.
I love Sartoshi. Obviously, you know checked the chain, bought this Genesis piece on the on foundation. So I always loved it. MF first do run, they do run Forecaster honestly. And I mean that in a good way, right. Like when I got on Forecaster months ago and I kept here coming and ranting, raving about it like the MF first, like the channel, like the MF first channel is like one of the top. That's why I was showing here
for a second. There's like there's 1700 people in that Channel which is pretty considered pretty big by the way for for Forecaster. That makes. I think that makes it a top 10. Correct me if I'm wrong or no maybe not top ten but there's it's up there but it's very
active. Like if you go to recent stuff and look like you know M you know I love calling M leisure but Michael and the and a bunch of the folks there like just cooking on there and they're they're very active and and they're the best people to follow on there. And I think MF first reporter, they always have been actually part of culture in crypto. Like when it comes to NFT, like they've really green themselves in that crypto culture. And then the Startoshi part, you're right about that.
But the thing that he cannot redeem himself. So the people that didn't like him when he came back and did Nakamigos, cause like he airdropped the Nakamigos to like all the EOS holders and the Sartoshi holders which cooked was Nakamigos all time high, nearly one ETH. Oh, nearly one ETH, right. So people printed in the bear market with that and I feel like that was the first leg up to like the redemption and then that happened, right. So that's that's a pretty big one, even the open.
Edition, right? Like you got it. You got some coin for the open edition. Is that? Right. Coin for every single thing that was in the Sartoshi ecosystem. Ecosystem was considered even crazies. He won US farm, he won a liked fuck render for example, M3, etcetera. All the people that he did a collaboration with got also 100,000 tokens. And I saw like for example the founder of Doge like by then he did a piece for him and sent it to him.
He got him tokens X copy like he also considered all the artists that he worked with collaborated with and that stuff and there's a lot of them which which you think that now every single person has ever touched anything from Sartoshi's in the money like not more people. Right. So it's that's pretty good. The other thing is since we're on base I was going like what because like dude so the the folks over at I'm on warp cast here right.
The guys at crypto like Coinbase are even talking meme coins on there like this is wild like what do you what do you what do you think about that That's three hours ago you got the guy Yuga Darith first of all like I love that Darith right. Yuga Darith who works crypto Coinbase right. Yuga caller he's tweeting out higher like you guys what do you guys think of the whole base meta Like obviously like we've been doing the Solana thing. We've been talking about Solana
on the show. We all been doing really well on their notable trade with WIF and and OV right. But what do we what do we make of the of base D Gen. everything going on What are your thoughts. Because that was the big narrative this weekend. Of course like in detention you have D Gen. chain that that the L3 that launched which was made by syndicate of course who actually they bought all our stuff which is why how they had all these MF first was I had to
tell a story again this weekend. I thought that was funny but what do you guys think? Have you guys played on the L threes and what do you guys make of the everything going on base right now? Yeah, I think it's it's there's bound to be something that's Ethereum native that does well to combat Solana. I just think Solana's great. I love Solana. I I don't. I'm not I'm not taking sides. I haven't really taken sides in
any situation. But you know, you've had this whole L2 thing on on Ethereum for ages and you know, you have Polygon, etcetera, you have Arbitrum, but just nothing really ever took off. But I just think there's so much money in Ethereum and so much money that wants it to succeed that something will eventually take off. And it seems like finally they're having some success with mean coins on base. I think like Jessie, Pearl, like we had on the show, is just, I don't think he just gets it.
He's a he's a crypto native person who just completely gets the space and understands it. So they've done well to get. I don't know if they've like been involved with getting some mean coins on base, but they've done well to get some good quality stuff on there. And I think to be honest with you, like Forecaster has really, has really been one of the game changers and I think Warpcaster has become very popular and Vitalic using it has really led the way for a lot of people.
So having that ability to interact with things and frames and stuff with meme coins I think has made a big difference. So I think it can continue. I think Base and Solana can coexist and right now maybe it's still a little bit easier to use Solana because you don't have to bridge or anything like that. But eventually I think you know bridging to you know between L1 and L2, you know Ethereum, Ethel one to Base will become much
easier. Plus in terms of like normie onboarding, I would, I would imagine there's going to be some stronger and easier connectivity and seamless connectivity between Coinbase wallet and Coinbase Exchange versus Base. So I I think it will do well and I do think it will work and it does feel a bit more retail and consumer friendly than your regular way crypto, but it remains to be seen.
You know I think we need to see multiple seasons of Meme Coin Mania on on base and we need to see it succeed for a long time. I think Solana has proven now that it's going to be a a a great meme coin hub because we've had multiple like mini seasons if you like and this has been the longest one now base has maybe had is entering a second iteration of it. And so the question is you know a few months later does it still last? I think it will. I do. I do really think it will.
But I think it needs to prove that bit more. In my opinion, yeah. I mean this is this is super
interesting. I mean the Forecaster effect is obviously massive and that's what's driving all the attention right now because D Gen. is a Forecaster native token right and and everything was born out of Forecaster when it came to comes to that and and they even hit their all time high day use the other day there was 70,000 people that they used warp cast I think it was Saturday or Sunday then Romero tweeted that out which was really cool and you're right Vitalik is like I
open Forecaster right now. The first thing I see is that actually we should talk about is the piece that Vitalik wrote an hour ago, which is DJ and communism, but the only correct political ideology per Vitalik, which is great DJ and Communism. So it looks like we have a new ideology to and a new call to join. Isn't that? An April fool, Sir. Oh, it probably is. I mean, I I just saw the title. I didn't read it. I'm just saying let's talk about it.
But you know, I it was it's dropping in the show. But it it probably is looking back at, dude, it's not the day for April Fools, man. You're fucking prefools, bro. Oh, man, I I was not ready for April Fools this morning. Honestly, even you guys like, sold all my fucking rugs this morning. You had me fucking like tilted for a second. I wake up and nobody's like, yo, sorry, we sold all our rugs for for taxes and I go, what taxes?
Like, shut the fuck up. Like you have like 180 rugs that you fucking bought two years ago. Fucking selling my rugs for taxes, bro. Dude, motherfuckers made like 10 mil on whiff trolling me about selling their rugs. Oh man, I'm out of, I'm out of it. OK, back into it. Mando, what do you think of what's happened on base? Have you followed what happened this weekend with with, with D Gen. Have you played on the L3?
No, I haven't. I I I mean it's the volume has been pretty remarkable like it's done more volume than a ton of different L twos including BLAST even which has like crazy amounts of DVL. I don't know if we need it like like it feels as though we're kind of fine for our casinos on base in Solana. The idea that we need another layer to casino better, I don't know. But I do think that I'm not going to, I'm not going to downplay the idea that people will do it Like the idea that we
could get a a more degen chain. It does feel as though there was enough degen in going on like we're really just spinning up like yeah basically spinning up onesies as quickly as we can on some of some of this stuff. I I was really bullish on D Gen. because it felt like it was it's still unclear whether walk cast is going to do a coin, right. And so these sort of sub communities that release their own coins can effectively become
the coins of the ecosystem. So D Gen. there's the other one higher there's there's a few others that like are thinking about you know have their own coin and you can kind of play the sub community slightly. I think that could happen. I I do think it could happen. I I just the L3 narrative for certain things like I'm just not sure if we need it for gambling.
You know like it feels like we gamble pretty well on the L2's but I feel like some other things it can be useful like gaming or maybe some some applications it can be useful but not too sure if like we need a gambling L3 the. Levels of gambling in the space right now are insane. Like we we have gone full full degen mode like the thing the chain is called degen. It's got $60 million of volume in the last 24 hours and you can only bridge one way and the way
back is 7 days. So you have essentially $60 million more of lock liquidity in the chain called degen where people just gamble. This. Is wild like we this is this is fucking crazy like I think we've gone like absolute DJ but you know what I love it. I think. I think it's I mean look like let the like, you know. I mean like I saw a tweet yesterday I'm curious your thoughts that I forgot what it was. I don't know if I shared it or
maybe I did. I think it was Lolliot or something like dude, we're like in a full blown pool like there. The retail is here. Like their retail is here.
Like they're just maybe not buying your coins, but they're like there is so much volume happening across the board, whether it's Bass, Solana, you name it and now D Gen. and this and that that There is a lot of people playing money and like you have coins that you don't even hear about in the time on the timeline that you look up. Like that that new one. I I didn't know a single person that like bought into it like early on yet. Like it wants to half a billion
dollars, right. So it's been that. It's been absolutely, it's been absolutely insane what's happening there. So what do you guys think of what do you guys make of that? Like retail is full on here or like it. It's really crazy like there's there's money everywhere right now and just coins popping out of nowhere. Yeah, I mean we just we've we are full on in the middle of the bull market like it's not we talk about is retail here, is it early or all that kind of stuff.
I actually did a poll yesterday and I was like, is this your first cycle? And I thought the results would come in below 5% of people saying yes, but it's now 10% of people saying yes. And that's versus something I did similarly I think just two weeks ago where it was like 1%. So there's definitely a lot of retail here. And I know for sure, like I know people personally in real life who and are back in crypto having not been encrypted for a while or are encrypted for the first time.
So retail is definitely here. You're seeing it in definitely a meme coin in meme coins. I think Loliet's tweet was a good one because he was like there are random coins that we have never heard of or know about on Crypto Spester that just pump to multi $100 million market cap. So it means there's like activity going on outside of CT and there's always activity going on CT So it's just when it's outside of CT that's when retail is here.
So I think retail is fully here and we're just in the middle of what we are. It's just a question of how long it lasts for, how much more retail can come ETF and you know ETF buying, blah blah, BlackRock halving, all that, all this kind of stuff that we have still yet to come. But you know it it does feel very mid cycle to me.
I don't think we're quite late cycle yet, but it does feel like we're mid cycle To me we're not really any more early, but that doesn't necessarily matter that much. Remember, often the most money you can make is really in the last 20% of the cycle. Like last year. That was when Ship and Doge hit their crazy levels. It was when NF TS went crazy. It was when ETH went crazy that was all right at the end of the cycle in the last 10 to 20% of
that time period. So I think, I do think the best is yet to come. I don't, I don't think we're early anymore, but I do think the best is yet to come. I think we're middle of the way through it. I do think you're supposed to take some profits here. I think, you know, it doesn't have to be. It shouldn't be everything. It should only be a minority amount of of your portfolio. But I do think you're supposed to take some profits here because we are no longer early.
But yeah, I think, you know, I think you want to definitely have some skin in the game for this crazy, crazy rally we're probably about to have in in the next few weeks and months. Speaking of. Skin in the game. Our bud dropped off to trade this dip, so if you're if you're worried about the dips, don't worry. Mando went to bid. Oh yeah, he definitely went. Just looking at prices, he definitely went to bid.
What's? Up he Then he goes, if market keeps selling off, I'm going to have to focus on stuff and he goes, OK, heading off. Yeah, that's pretty funny, you. Know, you know, our boy went to Max bid right now, which technically he means that if Mandel's bidding here, we're probably about to bounce. He's pretty good at this shit. He's probably bidding one layer now and waiting a little lower to bid another layer, right? I think I know Magda pretty well now. What do you think?
Yeah. Yeah, you're definitely right. He's definitely going to bid. I mean, this is a big Wick down now, which I think will wipe out. There wasn't loads of leverage, but there was some leverage. So I think it will wipe out some leverage, but yeah, he's definitely, he's definitely bidding what's? Funny Obi is that like we're doing this now like and someone like mind that's where he makes his money right. Like Retrace. Like this boom.
Because he leveraged trades the fuck out of it and he'll cook a few 100K like this week off that we're going to bounce and people are just going to like, we're not going to like to the passive buyer is just like OK 188, but it was like 205. But 188 is crazy. Like when I swan on there, I'm like, holy shit, like bitcoin's 68 five.
Yeah, you know. It was 71 yesterday, so it's it's really not that much of A puke when you, when you, when you think about this like how much even in terms of percentage, what's the percentage like an hour Bitcoin's down 1.86 points. Yeah. Three points, 24 hours. I'm sorry, 2.87 days. Bitcoin's down 1.25%. It's such a funny thing. But yet again like for for like momentum trades like that. Like, holy shit, there's a good opportunity to to get back into the game and get it. So I'm.
I'm actually looking at this. I'm looking at Mando T Wapen, the Bain and Solano chart. Steady lads, steady lads. But as I say just a reminder at the bottom right purple box dropper GM and we're to the space. We'll give away 200 and 52150. $250 to 1 lucky retweeter that follows real bitcom and FOMO hours We should follow real bit. Make sure to follow myself and and and yeah, let's do that. What's a WIF at right now? WIF must be puking more because memes always puke more. Yeah, $4.00.
So yo WIF went to four point. 4.8 or 44.9 Yeah crazy right? WIF. Went to 4.9 dollars here. What do you, what do you make of that? Are we going to get this or not Man, like I I I'm getting more bullish on it every day. Obviously Full disclosure is still a big bag, obviously big bag, but like, what do you think? I just think the amount Swift was up 100% last more than 100% last week. It went from like 2.5 to almost five. It went from like 2.2 to 4.9 or whatever.
So to move something with that much market cap that aggressively in such a short space of time comes from very aggressive and large buying. And I think if you're so it means you're rich, it means you have big money and it means you're buying very aggressively here. And I just think, you know, I just think if you're spending that much money to buy a Wi-Fi, you're not doing it for no reason. You're doing it with quite high
conviction. And so maybe someone knows something about a potential Coinbase listing. You know, remember This site is crazy. Like Coinbase listed Shib in September of 2021 when it was at a $3.3 billion market cap. And then after the Coinbase listing it went to a $40 billion market cap in the space of three or four weeks. And I think in a bear market when you get this big listing or whatever, it often is a sell the
news event. But in this market to get a Coinbase listing, it's probably like a buy the news event. You know, it changes things because it just opens it up to so many more retail users. So I don't know exactly what's going on and why someone is buying and maybe it's just because of the sphere or whatever, etcetera, etcetera. But honestly like there's a good chance it's because of that. And I think that would be a very bullish thing if it did happen.
But we don't know. We're just we're all like on the outside here, someone that someone out there just waving the stuff in aggressively. And I just, I just think there's so many like so much hearsay in crypto and people know things before they happen, all that kind of stuff. I just think someone is buying with some real intention there. And yeah, we'll see what happens. It could be a market maker, you know?
It could literally just be a market maker with a good Coinbase contact who's just like, fuck it, let's buy all the stuff and let's go to Coinbase and let's try and get this listed like that. Isn't like an A legal thing to do. Never know you. Never know you you never know these things at all. I mean so I'm looking at it right now it's looking fucking
amazing. I was actually hoping that soul with like we like we get a because I'm I'm buying my whiff with soul right so with from Solana so much that it was in a position to buy more with but I was waiting for salon for slot whiff to puke and like kind of like come back to somewhat of a parody with. So to maybe add even more on that I it feels like it's a chosen one of the cycle And I by the way doesn't mean don't lose the other ones.
I genuinely think Pepe is going much higher like you even see even this weekend what I was I saying I'm like dude Pepe is going to like like like catch up to it not catch up to it but it it pumps with it. It's like eats this meme coin this way. Right. Like of course I think mom's going higher of course I think the base shit's going much higher. I think D Gen. is going much higher because D Gen. is now gone from meme coin to infrastructure, right? So it's not even mean coin anymore.
It's like an infrastructure play, right? It's Lydia layer 3 on on, on on on on Etherium to be casino of Etherium, right. Though we have base, so I don't you know it's differently. I rather play on base personally speaking like I'm not buying the D Gen. L3 coins so I think people will cook. It's just more dangerous that I'm not willing to go there. I'm already playing extreme danger trust me but but but you know I think that's about as far as I'm willing to go.
But yeah and it's also good to have these like someone said Duke for chill appear is good. I want to ask you something. I think that this quarter like I I was just checking polymarkets it's still 32% chances of people voting for ETF man. Larry Fink last week was really bullish on Ethereum tokenization bro. And he went again on TV and went again talk about it. I am I crazy to think that I personally willing to bet that we're going to get it in May we. May we may get it. I don't know.
I just think, I think it's not a disaster if it gets rejected in May because I think that's what's expected now. I really do believe that. I think the risk reward needs is pretty good here. It's not priced. In anymore at all, it's not. Priced in, Yeah. I think the surprise is if it does get approved and I do think it will eventually get approved. It's just the question of whether it gets approved in May or not.
But yeah, I know I'd rather be long than short ETH here because I don't think it's going to sell off that much if it gets rejected. I think that's priced in eight. 1010 grand to return 46, $1000 to return 5K. For fun, I'm going to take that one. Yeah, I I don't have an I have to make an account and do it, but like $1000 to return 5K. You know what? I'll take that one today and check back in on May 31st.
How's that? Yeah. You know I that's the bet I'm willing to take like the other nice enough and Larry Fink usually gets what Larry Fink wants. You know so I I'm not trying to fight the cabal like you don't some things you don't fight like I love you by the way S to your tweet this weekend. I think your two is the best tweet of the weekend.
Like the memes are like half rating the meme and half rating the cabal that was that was S tier that's just like OK, the meme OK. I like it and the people pushing it, let's fucking go. So and I'm not telling people on X like you can see like when there's a little by here, there's a little by dance there where there's a little you know the invisible hand gets behind something you know you you get quite excited about it. Anyways, so let's not on the
meme side. Look on the NFT side and I want to get to NFTNYC quickly because I know you're going you guys have a few things going on there then we'll pick a winner. If I look at D gens, I mean look naturally NFTS are not doing the best. I'm thread guy reconsidering the whole thesis around NFTS on the timeline too. I mean what is going on here You know we've fully gone all into coins at this stage but on on Ethereum, I mean apes of course
not looking great 12 ETH. Pudgie's 13, ETH milady's at 3. Mutants too. Like there's a ton of ape on timeline right now. OE it seems like the board ape or yoga sentiment. I think it's the lowest it's ever been. Don't you feel that like it's it's been bad like all the copy past and all the a lot of apes coming out against blur this weekend again a lot of people say yo it's not blur. Like dude, it's down. It's pretty rough out there. It's tough.
I mean, it's just crypto man, like people, when people get euphoric, they are euphoric with great magnitude and when they get upset, they get upset with great magnitude. It's really hard to bounce back from things when you lose the crowd. And I don't even think they've done anything that wrong or that bad. Like I think, you know, maybe they've done some things which I have disagreed with in the past in terms of spreading themselves too thin and trying to do lots of different things.
But you know, they haven't really done, they haven't rugged, they haven't like not delivered on on promises, you know, for most of them maybe and they've been building stuff and they've actually been active, but they just haven't, you know, for whatever reason, they just, they seem to have lost the community a little bit. And I think that's just the outcome. That's the result of when you have like a really high high, you're bound to have a really low low. And I think that's what's
happened here. And the problem now is like, as the price goes lower, more and more people in in a loss. And there was so much, there's been so much volume from 150th all the way down to here. So lots of people have bought higher now. They've lost money on it. And you know, it just goes to show like the only thing the market really cares about is like floor price doesn't really matter. They've done a lot of things. They've delivered a lot of things.
And they haven't been bad actors by any means at all. But yeah, the vibes are just low because of, you know, the way
things are. Yeah it's it's always like that sentiment is quite low across the board on on ETH and it's not and it's just NFTS like the also like dude the base case doesn't help ETH NFTS like as much as Solana was already hurting it like base is not helping the case here with the meme coins and stuff because it's immediate opportunity without having to even like bridge to another chain.
It's like yo like the the the base bridge like this is quick like there was people saying it's long to don't hop finance like a hot protocol. I was fucking bridging to base within two minutes this weekend. There's my fastest 1 dude on the way back base to ETH. One minute I was like holy shit, one fucking minute to to bridge back to to ETH. Which is wild when you think about it. So anyone saying this is tough and stuff like is, is, is is
wrong, you know what I mean? And so I've seen a lot of O GS actually get out of the club and some people are pissed but look like, dude, what do you want to do? Like this 12 fucking ETH at 3500 ETH. Like people are seeing. You're seeing people on post on the timeline by all these look on chains and stuff. Oh, this person turned like $200 to 40 million. What do you think people are going to do? Of course it gets cracked. Why do you think the Powerball goes to a billion dollars in America?
The fucking lottery. Like this is the tailors all the time. Like I don't know what people are thinking. This is like new. That's an NFT thing specifically, bro. You got 30,000 fucking United States dollars in somewhere and you have like $10,000 in your bank account. You're going to keep your ape when there's like all this stuff going on chain like yo, how like I think people are not like and I I've been pretty vocal about blur before over here.
You know that. But like there's no way in hell this is the fault of a single actor in the space just to have some fucking common sense, you know what I mean? Like all NFTS across the border down and it's normal like ordinals are NFTS. Sorry, Maxis right. Those are down too, right? Like my puppets are down from .32 Bitcoin at 72 BTC when I was in Hong Kong which like 20 plus KA puppet to .24 Bitcoin at 68 K Bitcoin.
So fucking what you know what I mean and you know what but it is ordinals are going to outperform ETH NFTS for a long time. It's it's gone as much as ETH I think will outperform Bitcoin right. I think we think that or salon will outperform ETH. I think we we usually align on this these kind of things right. Correct me if I'm wrong movie but ordinals are going to outperform all the other NFTS on all the other chains like you know this is just the name of
the game right. So it's so it's it's it's just how it is, right? You have Bitcoin shrooms at two Bitcoin. I've caught the guy sell .28 Bitcoin. Still a lot like Bitcoin puppets .24 puppets flipped pop the cash for a hot second, then got flipped back. And then RSIC still doing really well. Actually they're all up in the last 24 hours. They have the ink. By the way. Ink BC was a big mint this weekend. 2.42, that was. That's a lot of volume for
Bitcoin, man. To $23 million in volume for Ink on BTC. Yeah, that's insane. That's Solana. Solana NFTSI mean, you know my last one, they're all down. You know it's it's across the board. It's normal. Can't blame people. But there's there's some big liquidity injections happening on Solana this month. Right. So I saw there was a threat $4 billion coming. Dude, wormhole. Wednesday's going to be big. I have a fat allocation of wormhole from when we like sold our ETH to, you know my in
finance. When I sold my ETH for for Solana, my in finance was a wormhole. So like I all all of the ETH and I SWA for Solana was like I got one more tokens so I can't wait to see how much that opens at. It's thinking at above a dollar a dollar $2.00 weren't open so we'll see where we're at there probably going to talk about it And the last but not least as as we end the show here OV you're going to be in New York this week.
First time I'm missing an FTNYC. First time I'm going to be leaving a conference or week and all the events from the sidelines was invited to billion Things and everyone their mothers are doing events. What's your plan this weekend? Where can the people catch you? And other people are asking like red guy stuff like this like what's what's going on? Yeah. We're going to have, there's going to be a few different things we're not doing, like a
big one big wrecked event. We're just going to have a present set a few different things this. Year You cooked, yeah. So wrecked drinks, we're going to have them. We're going to have that dive dolphins on Wednesday night. We're going to have them at the Bitcoin harvening event by by nolture on Wednesday night. We're going to have them at the Transient Labs event on Friday night. We're going to have them at one more place. Where's the last place? Dive Dolphins live in Divebar No.
No, I mentioned Dive Dolphins Dive Bar. The Mad Lads, do you have a place with everything? Let's share it on screen. I'll share it, not. Yet, not yet. We're just finalizing. We're going to have them at a few more places. We're just finalizing, finalizing those as well. What's the last one? This is going to kill me. Oh, fun. Yeah, Fungible. And those guys are doing some panels and events as well, so we're going to have them there as well.
Nice. There's no crypto bags and we'll have some more information on that as well. So there's going to be like a scavenger hunt thing as well and going to be giving away a one of one. I'm going to be giving away a one of one of that. And yeah, that's basically it. That's a couple, a couple more events as well. Just kind of like finalizing them where can. People keep up. Just wreck drinks. Just on Twitter, Just follow. Wreck drinks on Twitter and I'll put something out there this
week, yeah. There it is. I I I love that I love you guys. I wish I was going I love. I love New York at this time of the year and and everyone's going so so definitely wish but it's tough. It's tough your boys actually on playing again on Sunday night today's fuck. Whoa that's why I'm skipping New York because we're going to be gone to France for Paris box weekend in Dubai for token. Are you going to token? No, I don't think so. That one's going.
To be a big one, big big one for us as well. Like we're doing multiple events like you guys with red drinks. We're going to present like 3-4 different things in in the Emirates, so I can't do it all. So for this to go to New York, have some fun, share some photos on the timeline. I'll be hosting the show with Mando on Mando radio now though it looks like the market kind of bouncing look. Mando is Mando's fighting. Mando is fighting for us.
What a good dip op opportunity here he is bidding he is Max bidding right now in the trenches. I love that he left for the trenches. It's fucking phenomenal. Love to see that. Let's pick a winner Sims. Let's pick a winner or maybe I I can do it I I I'll do it here let's let me share my screen what it is Twitter picker.com Let's pick a winner for 250 bucks just to remind us episode. By the way, this episode 88 were 4124, episode 88444448 of it fours all around OV.
I'm assuming you're not going to be there this week, right? For the most part. On the show, Yeah, yeah, probably. I'm flying tomorrow and definitely not on Wednesday. Maybe on Thursday or Friday, I'm not sure. But yeah, we'll we'll see. Let's see, Let's yeah, remember last year you and I did the event from the Soho Grand Bar? Yeah, I. Remember that That was fine. Like that restaurant area we hosted live in person. That was so fun. I remember. It's pretty funny.
Let me I man, I'm gonna. I'm gonna miss New York. I do have to go for one day, I think on the 25th. So this could be fun. All right, let's me pick a winner here, $2050. So as usual, guys, tomorrow, $20,000. We're doing $20,000 worth of loot box bins. I haven't done the loot box in a while. I'm gonna build a fucking crazy box tomorrow. I think I'm gonna put like 100 red guys to one in the box. So we more for the Blurbans, but I'm going to. I'm going to put a bunch of NF
TS in there. Tomorrow. OK, 121 entries. Wow. There's much more chances to win 250 bucks today. The winner for $250 is. Let's see, let's begin the draw. The winner is Cuevas. King Cuevas. King Cuevas. Here, King. under score. Cuevas. You won $250. Oh, part of OD Labs. Love to see that. OK you're fam kickoff based play. Oh Planet X oh MOG. The ticker is MUG in the in the bio OV let's go king cuevas if you're here you won $250 OK from Dallas, TX You really put your whole info on here.
Born January 16th. What APFP here OV look at that. Look at that. He's got he's got the Mogos going on so I'm assuming this guy is going to to be buying MOG with his $250. Yeah I don't know if we can long mug on on on on on on the future is on robit but you definitely want $250 so Bernie from the the Mando radio team is going to reach out to you and and wow we have 4500 live viewer oh I forgot we also stream live on finance every morning.
My God, dude, 10 days is too just we're really putting numbers on, huh. 5000 live. This was per day now up to 10,000 lives on video plus another 1500 thousand on spaces. The Lazar cooking. Q2 is big. Hey, if you're part of rug radio, let me tell you Q2. Wow, it's gonna be a going one. All right. That's enough. Sam's. Let's with that. With that.
With that, we'll see you tomorrow morning 10:30 AM Eastern Standard Time. I don't even know what the fuck time for you in the UK for another episode of formal hour on rug radio. Let's go.