Yo-yo yo, what up? What up? Good morning, good morning GMG. Why did I get kept get booted Monday anyway? Even Monday? What day is I'm I'm lost man. All these time zones Monday April 8th 2020 444 Look at that. Another beautiful day to have a beautiful day. I got my Co host in the back and we are all back together. All three of us. OSF Mando, how you guys doing today? Good. How you guys doing? Doing awesome, man. Doing awesome. This weekend was fun. I flew overnight to Paris.
Mando's been Devin, and it looks like you're back from New York. I mean, let's start with that, actually. How's that? How's your NFTY? This is the first time since I got into crypto that I missed New York after four years. So how was that? It was good. It was definitely quieter than it has been in the last couple of years, I think, but I kind of preferred that it was more chilled. Got to hang out with people and have proper conversations and stuff without getting too busy and stuff.
So yeah, it was good. What? Was the highlight like, is there like some really cool stuff, or is it the usual like just a ton of side events? Yeah, Tyler, side events, there were no, I mean, I didn't. I don't even know if there was an actual NFTNYC conference or not. Like, I had zero part of that. But no, I didn't. NYC He's like, Nah, I did not. What was your favorite side event? The Dive Dolphins thing was pretty good.
It was cool. It was like a ping pong area and they had like a pool table and stuff and it was chilled. It wasn't too crowded like I like that a lot. That was a good event for sure. And then what's? So hold on, did Quinn win a one of one? Yeah, she did. She won the one of one. She won the diaper one of one, yeah. So wait, you put like these wreck drinks across New York so everyone won one of ones? No, the other ones were just like additions, but there was one that was a wonderful one.
Bro, you're Tommy Quinn. Got the dive bar piece. Like the piece? Like the one. Everybody loves. That's crazy, bro. That's crazy. My God, I saw the story. I saw the video for, first of all, obviously, like, you know, for those who know, Quinn is Quinn Buttons, She's our COO here at this time. And so, So I I saw in this rock video team chat that she won and I was like, holy shit, that's crazy. But then I saw I didn't know she
won one of one. I thought she, I thought you were just doing editions, like little prizes or whatever. OK, I I wasn't sure I wanted to ask you because someone said one of one. I was, like, surprised. That's insane. Yeah, it's pretty insane. Damn. And it's funny, 'cause she was, and she wanted because she was the area because of the Veneck event that was going on in NYC, right?
How cool was that? By the way, guys, that there was like a bunch of pepes and pudgy Penguins, a bunch of other memes at the New York Stock Exchange for the close on Friday. Like, isn't that crazy to you guys? Like, for me, it's like, OK, cool, Like, it's crazy fire. But like, how is that insane to you guys? Like there's a bunch of memes everywhere at NYC. Yeah, that's just it. That's what it is now, isn't it? It's nuts. It's nuts.
I mean there was like I'm trying to I'm trying to share my screen here. I'm hoping I'm not going to break I'm not going to break the stream yard by sharing my stream. But on the on the New York Stock Exchange that that's what I saw this one I hope it's shares it does share stuff like that like this is insane. This this must have been like one of the coolest things in New York. Did you go? I did not go no look. At that that. Looks pretty cool. Yeah, that's so cool.
A Penguin ringing the bell For for for for for a Penguin ringing the bell at at 4:00 PM on Friday is is is pretty wild. Anyways, in the meantime, over did you have you been following the debacles of your of your of your friend Mando here? Have you been following math? Yeah. I have like I was greatly. Painful this conversation is listen to like neither of you are actually like listening to the other person. You just start replying.
I'm listening. I'm asking him about New York and I don't know what he's I wasn't in New York. I'm asking. Questions on New York Ovi just answers with one word answer when they when they come through. I think. Isn't working or something. Was a lag. There must be a lag or something like, yeah, there's a lag. There must be a lag. Yeah, great. Show so far, guys. OK, let's reset. OK, let's reset. We're all on similar time zones. We're all here in Europe. We're vibing Mando.
How was your weekend? Your first weekend as a meme coin dev. Yeah, wow, what a weekend. Life has changed for me. See and keep things in different colours. What are, What are some, let me ask you, because on the show on Thursday and obviously on Friday, was day two or or day three starting for you. So now you're on day, so third. Wednesday was the first day. Day six is starting today technically in the East Coast, but it's day six for you. How's your first week so far as
a meme coin? Dev, have you learned anything that you can share on the show in case anybody wants to follow your path? Honestly, I just can't even remember life before I was a shit coin dev, you know? I just like, I've changed so much over the last week. You know? Last week I was just Mando. This week I'm, I'm Mando. Shit coin dev. My ego is just. Doug Jesus. It's just a different level, you know. It's just that you should try it. Life is. Life becomes easier after your
shit coin dev, you know. I'm good on that. But maybe OV you should or we just all rally behind this one. You know we're just all rally behind you. I think that's the. That's the. Do not become a shit coin dev. It is. It is one of those experiences that seems fun at the time and then you realise that it's your life now. So I'll try my best. Lots of different conversations, a lot of people helping me out, which has been which has been
useful. It was funny like like I land here and I was going through a wall in the Jean les Tulare, which is close to where I'm staying in Paris and I FaceTime Mando. I was like, let me just FaceTime Mando, see what's up everyone on the West Coast to sleep. And as I'm talking to Mando, there's three ducks, actual real life ducks that walk towards me as I'm on FaceTime with the guy. You cannot make this up. You cannot make this up.
He is literally has become Duck Jesus and you absolutely love to see it. I mean, I would show you guys, but I don't even know where the photo is anymore. Anyways, I don't want to mess up the Wi-Fi. But anyways, that's. I'm growing the beard out long. I'm growing the hair long. I'm going to go full Duck Jesus now. So is there a price point? So I know at 420 Red Guy, you're getting a ass tat, that's for sure. And that's when OV's cutting his hair, Sir. Something that you're going to
tattoo like a duck on your body. I think everyone else should tattoo for me, man. Like I'm making dreams happen. I'm making dreams happen at this stage. Making dreams happen Anyway, Speaking of dreams, today on the show Today, today, what do we got going on today? Daily Market report, Azure Crypto Macro, NFTS and all that. Good stuff. Alts, memes and dreams. So student of dreams, We're going to talk about dreams for a
second here. The market seems to have rebounded pretty pretty like strongly this morning with Bitcoin hitting like 72 plus. You absolutely love to see that. So I'm sure we have a lot to talk about. And then of course OV reminding us of all these little numbers that he's got going on. I saw our chicken you and the comment thought was hilarious. Actually OV is very fun at parties, just so you know, in case you're listening.
And so we also have like Bass like hitting $4 billion in TVLA, lot of stuff happened on that front. So we have plenty to talk about. And last but not least, we'll be joined by one of the actually previous show partners on the on the titles partners that you see on the screen CFW to come and talk to us about Pallet, everything they've been doing with ERC four O fours, which by the way like this is definitely like I think like one of the most slept on narratives for
NFTS. But it's probably because we're not at that stage of the cycle yet. But it's going to be interesting to to chat with pallets by CFW, which I believe one of the first generative art projects on 4/4. So they're going to be joining us on the show to come and talk about this. And as usual, this show is powered by fair site network on X world coverage for drains, scams and more. But also so it is bull market right film dot IO, the world's most powerful decentralized film
ecosystems. Not one but two title sponsors on this show. Thank you to our partners and our sponsors for helping us keep the lights on. Soon we're going to be able to have the show powered by Epic. I can see it coming. Maybe that's the Wreck Radio sponsorship. It was just a duck quacking on the bottom because for the bottom left of the screen is
still available. But anyways, make sure to check out fair side but on their website this time around make sure you go on their X account and it's actually really good. You need security, it's a bull market. A lot of scammers are out of the woodworks so so make sure you go and check them out. Fair Side network. They're going to be coming on the show I believe this coming Friday. So excited to interview them and see what's going on with them. But anyways.
Anyways, anyways, without further ado, where we get get right into it OV, I'm actually going to go to you first so we can get more of a macro view because your boy, I'm not going to lie, Mando delivered his two worst performances last week on Thursday and Friday when it came to the market because he didn't even look at the price of Bitcoin. He was so busy, you know, his head was stuck in the water. I'm gonna go to you first. What's going on in the market
macros if you followed. I mean I'm sure you guys talk about that a lot over the New York price action, but what what's going on? Talk to us about the market. Yeah, we had payrolls on Friday that came in a lot higher than expectations again. So interest rates have moved a lot higher, but stocks were up. So we just keep seeing the same theme of stocks higher, interest rates higher, I mean 10 years all the way out now to 4.42%, which is the highest it's been
all year. And equities are also at year today also all time highs as well. So it's kind of a weird thing where we're just seeing stocks go higher, rates go higher this week. We have inflation data, We have CPI that comes on Wednesday. I think the expectation right now is for it to be at 3.4% versus last month's 3.2%. So if we hit those numbers, I think you know we'll probably stay where we are if we come
higher. If we do come higher than 3.4%, I think there's going to start to be some real inflation type concern because we would have gone up two months in a row, I think maybe possibly even three months in a row. So we'll see what that number is, but yeah, that's going to be very important for the interest rate narrative. I think stocks are fine really. I mean the economy is growing.
There's obviously a massive tech boom here and I guess there's a risk that equity valuations could could deteriorate with higher interest rates. But we've been in this paradigm, high interest rates for a long time now. But the risk really is towards interest rates and towards the Fed changing its tune and saying we may not have rate cuts this year. I still think we will see rate cuts this year for political reasons.
If they don't make any cuts, I think it would see be seen as it would be seen as a little bit dicey I think. But it just it just depends on the data. You know if if inflation starts to creep higher from here with all the the other strong data in the backdrop, then I think that
could be a potential risk. So we'll get some more information on Wednesday. If we come in below 3.4%, I think it will be a massive relief for markets and that actually really is the the Goldilocks scenario scenario where you have strong economy, growing economy, strong payrolls and actually low inflation. And so that's going to be a very important number. So we'll see what happens there, but that's probably on the on the macro side of things.
How's how's OK, So I saw, I saw a bunch of tweets this morning come in from what's his name you know a dude that posts like oh D1 or something, Bloomberg, he he posted a bunch of stuff with Jamie Dimon talking about the economy and stuff like that. Did you follow that? I'll. Read it to you in a second. This walk, Jamie.
Diamond had an interview today. Yeah, Jamie Diamond had this interview today and kept saying that the economy is actually really good and that the people are still spending. And I was just wondering if maybe like this has anything to do with today's pump or whatever but. I think not really. I don't think it's specific to that, but. Yeah, the summary that I saw about that that interview was just that he thinks that rates and inflation and are going to say higher for longer.
That's basically what it wasn't. And he he also said and remember this guy hates crypto. He said that the the AI was as big of a leap for humanity as the steam engine. So he's very bullish on AI. Of course he is. He's he's literally the meme of pivoting to AI. You know of course he's bullish. Anyone who despises blockchain tech and crypto focuses fully on AI. That's that's a classic. But yeah, I just saw I have my notifications on for that dude, Walter Bloomberg Doctor One.
So like, I just saw a bunch of stuff like Jamie Dimon, cautious over higher rates and recession scenario, stuff like that. Like he was also saying some pretty positive stuff about how the American people are still spending money. So yeah that's it. But he also says that he JP Morgan's diamond warrants inflation, political polarization wars creating risks not seen since World War 2 and stuff like that. So he also had like this like more of a doomer quite comments also on the timeline.
So I thought maybe as I said into do Mando how are we feeling about the markets right now. Seems like we've bounced pretty well on on Bitcoin. Majorly right Majorly on there up to 72 K How you feel about this upcoming week? I'm feeling good, man. I'm feeling good. The market had a bit of a shake out. The what is it? We're now less than two weeks away from the halving and spot. It was mainly spot buying.
A lot of spot buying came in over on the weekend, particularly on Sunday. Fundings remain low. That's meant so even in this rally bring up the funding charts. It's like all still towards the lows across the board. Interestingly ETH is slightly it hit an hit a three-year low versus Bitcoin and then bounced
off that fairly aggressively. Today obviously there's still the under forms of Solano and all this ticket stuff although it does feel like they may be some more near term improvements there and I read between the lines so it may not be as much of a medium term issue issue if they get ahead of it. And yeah the market just feels good or a lot of the memes pump back. So they were the things that led the market back with Pepe, Doge, Doge.
Remember Doge Day is also 420. So 420 is like a very big day for the market and it's like the meme coin day, Doge Day, which rallies too And it's yeah, I, I the markets markets came back pretty strong even whiff which is like got you know a lot of hate over the last over the last few days. That's because of KSI. No, I think it's because that video, but yeah, I think bit of everything but the market has ripped back basically in that stuff in in like stuff.
To note you have obviously had some of the big air drops recently. Athena just keeps her going to new highs. Wormhole has kind of bounced. And then today you've obviously got Tensor, which is very, very big for the NFCS market that looks like it's going to come around 3-4 billion, which is going to be a decent decent
AirDrop for everyone. I think Camino as well, which is a salon AirDrop has launched the AirDrop tracker if you want to go check on Camino. But yeah, like it feels, it feels strong still a lot of the activity and air drops are happening on Solana right now, but obviously that's down if if Maxi's are all over the timeline today because of the bounce back from. ETC. I mean it's it's a pretty big, it's a nice bounce like. It is a nice bounce. Yeah, we'll see.
We'll see if this lasts. Really like, it's a nice bounce. I mean over you tweeted it about 15 minutes ago that you were hoping to see ETH price sustain over the month of April. I'm assuming that the congestion on Salon is pretty bullish. ETH, what's happening right now, especially with the base narrative which is like another casino that is open that's pretty cheap to operate in. You're also talking about blast and stuff. What what's happening in that world? Have you followed a little bit?
Like, I know Pack Moon's really performing well. We talked about it last week when you were gone because after that crater payout they think of giving $1,000,000 to craters like it just kept flying. What are you seeing on ETH here? Yeah, I think ether's had a tough time over the last month, but the whole base stuff is, I think is really political ETH.
And as we get closer to the ETF, you know, like I I think most people think it's not going to happen, but there's always a probability or a chance that it could. And I think JP Morgan put out a report over the weekend that they they see the OR at the end of last week that they do see the ETF eventually being approved if even if it's not in May. So especially with Solana struggling a little bit like it tends to be good for ETH. So I think we could see a good month for ETH this April with
with base kicking ahead really. And remember the BLAST AirDrop now is probably just a month away if not even less it's slated for May. So that's going to be a big AirDrop into the ETH community in just a few weeks time. And PAC Moon stuff yeah. I think as we get closer to the Blast AirDrop and or activity going on in BLAST I think Pack Moon is definitely like the number one meme coin or community coin have you want to view it on BLAST.
And I think there's some increasing speculation that you know the reason why meme coins haven't really thrived on BLAST is because if you convert your if you convert your ETH on blast to a meme coin then you're not able to like put it in any of these like protocols to actually farm stuff. With Pack Moon, you can, because I think you can put it into Wasabi to to farm it and actually earn some Blast gold.
But you know, if they ever for the last month of Blast, whatever, if they ever change it so that there's some incentivization of actually owning meme coins or trading meme coins, then I think you could see a big rally in, like you could earn blast points for that. Then I think you could see a big rally in meme coins. What's blast gold? I I I'm sorry if this sounds stupid, but I I can't follow everything.
Like what's gold? I I've seen so many people talk about it like these and farmers, everyone. Blast so for blast points some are distributed to well for the blast AirDrop some are 50% is being distributed to people who have been farming points and 50% is being distributed to developers on blast. So every every app has an allocation of blast token which is known as blast gold. For now, we don't know what the actual dollar value of that will be or the token value of that will be.
And so those apps can, they can either choose to like retain that blast for themselves or they can distribute them to their users for actually using the apps. So that's what you're seeing right now. You're seeing people trying to get this blast gold by using some of these Dapps and trying to farm it that way. There's no the blast gold is given out manually. There's no, you know, there's no easy way to judge how you get it. But the more other apps you use, the more we get it. OK.
That's pretty cool by the way, guys. I just checked Poly market. Is this the right 1-6 down to 16%? Yeah. It was 32, so it's down, it's slashed by half. 22 on Friday so it's just gone down. So you could go on Poly markets right now for $1000 to return 6250. We doing that, we're taking this bet. What do you guys think? What do you what do you guys think? Is this going to be approved by by May 31st or not? Seems unlikely. I. Think I'm likely remember but.
You never know. When when they rejected the grayscale ETF they rejected on the last day. Yeah. Right. They have a history of not early rejecting this, this stuff. So we probably won't hear about why they've rejected this until
last day. So this idea that they're going to suddenly, I mean and that maybe has a bit of a tail risk to it because they could just be like, yeah, we're definitely going to accept it. But I think they still need to do all the issuers, still need to do different things for them even to be accepted. So I think it's highly likely that the SEC rejects this on the last possible day. OK, so we're going to get it. We're going to get it.
We're going to get the ETF. You won't be crazy though if we get it because if they are mistreating like this and this shit's not priced in because like at this stage everybody says we're not going to get it. Like Poly market's pretty clear. What were you going to say, Obi? I I was going to say, I think by now you would have heard. I think the reason why the ETF analysts say it's probably going to get rejected is because by now you are hearing pieces of movement and things going ahead
with the with the Bitcoin ETF. Whereas now that's just been dead radio silence, right? There is an argument to say, look, there isn't anything to say because because of maybe it's already been done through Bitcoin ETF. So they're just making the application the same with format as they did for the Bitcoin ETF. So they don't have to make all these amendments and stuff, they know what to do.
But I don't know. It's tough to think that there's like with zero communication between the applicants and the SEC in between the last applications we've filed and now that we get an approval in the next six weeks, I think it's tough. It's hard to see some movement and headlines come in the next few weeks. I think it's going to be tough to see it happen. What happens if when it doesn't get approved for May 31st? Is there another? When's the deadline after that?
I think they'll give the reasons as to why they didn't approve it and then it's a case of what's the next step do. Are they issues that can easily be rectified with another application? Are they issues that the applicants want to take the SEC to court over? You have to see what the actual rationale and reasoning is. Is it because the SEC is going to turn around and say, oh, if there's not a commodity, it's a security? Like they have to give a reason for it?
And I think what those reasons are will help guide us as to what the price action will be like. You could see a situation where they reject it, but the reasons aren't bad and they feel like they can be remedied and then I think you would actually see like a big rally that you can see the situation, that kind of situation. But it really depends on what the reasons are.
I think as we get closer to the day we will start to see some more headlines as to or rumours or speculation as to if it's going to happen or not, number one, Number two, like what the reasons would be for it. Got it. OK. So I guess we'll we'll just wait for that. Did you guys see, Speaking of news because you said commodity and security, all that stuff reminds me of court cases. Did you see this?
Like there's such a weird thing going on Friday night, people saying that Coinbase won the case? They want a different. They want a different case. Yeah, OK. They didn't. They won a court case in 2022. It's about like I think it was a private transactions, but it was a different case, less serious. Yeah, I mean, still a little, still a little win we'll take. That it was a it is a win, but like, it's not.
It wasn't the win which I think everyone was trying to paint it as. Yeah, yeah, I know a lot of people are going crazy at it. I saw a bunch of tweets go viral about how like Coinbase has fallen and this is finished. I'm pretty sure this is not finished. And also I don't think you'd be hearing about it like 10:00 PM Eastern Standard Time on the Friday evening, which is like when it started popping off. So that's why I kind of wanted to mention that today because I was after the show.
So that happened and of course I already went over base. Other thing is how are you guys feeling about Solana at the moment? Like, I know we talked about the congestions for a little bit, Mando, you said that somehow they're fixing it, but seems like this is and you said that on the show last week. But seems like this is going to be extended. Like are we expecting this to be fixed anytime soon? Personally speaking?
Look, it does get frustrating right, when you have to like even to send like 10 Soul. I think the other day I think it was like 20 retries, definitely not the experience that we that we love and what we were talking about Solana is the best casino, it's faster. But what are you, what are you, what are you reading on this front? Like, are we, are we going to see any improvement anytime sooner or we gonna have to wait quite longer? Look, I'm. I'm not a dev, so I don't.
I don't, Yeah, sorry. I'm a dev. My favorite dev What are you talking about? You are Solana Dev now. So I I'm not like in the weeds of like what exactly is happening here, but I know the network's being spammed. They said that it's becoming more predictable the nature that of how it's being spammed and it's still doing like 7 times the daily transactions of like Ethereum and it's L TS at the moment. So we're still doing decent amount.
But yeah, it's clearly not been a great, great experience. I don't know, like this was like one of these classic cases where it will get solved. I feel like fading this is slightly mid curving it and I think that when it gets sold it will just go straight back to being the casino. Yeah, 100%. I mean you you have also some beef obviously David Hoffman bankless and then Mert going at
it back-to-back. I I mean it's I think Austin made a good point Austin Federa of Solana when he said like crypto kitties literally congested the theorem in 2017. It literally happened and then most recently you saw what happened to Bitcoin and bitcoiners like the Maxis taking it to Twitter pretty like Ooty getting like death threats.
Remember Me even Mando you were like yo Ooty's fucking with like big boys now but like Bitcoin the whole network was congested and and that had to happen So it's not like it's new but it it look I get the I I saw a bunch of people say how frustrating it was and stuff like this. I get it. I mean, fuck, it's just so annoying, trust me, like myself included, I I I use Solana quite a lot to to to not have be able
to like do anything much. But it is what it is and so they're going to scale it. What's the timeline on Fire Dancer? That's this year still, right? Yeah, it should be in the summer, That's what they're saying. OK, OK, say. Finishing the issue though I don't know if that this will be related to that, but like it will get it will generally get fixed. Like Solana is slightly more centralized, so they tend to be able to fix things.
Yeah. A little fat it's it's a little easier to to fix things on Solana listen I I I I don't know I like the trade here like the the I like that soul. Eve like went down quite a lot because it was like pumping. Everybody was like calling for it to like you know Dalai Lama like just go to the moon but kind of like the fact that one E
is 20 soul. Again I I have I'm like way over positioned on Solana at this stage and its ecosystem between Solana with and and my little duck but but I want more I don't know I'm loving the fact that Solana was like trading at $180 what the rest of the market like pumped like crazy like last time last time Bitcoin was in the high I'm sorry 70s here like 7273 ish like Solana was like nearing like like it had broken the all time high in in terms of like market cap.
So it's it's actually an interesting trade that I was looking at before coming on the show. Besides that I mean. Right now, like I like, I like. I think I just never really trust the youth pumps because like they must never seem to last that long. This one may be slightly longer. If I was to own one thing, I've like the top ten right now. It would probably be Doge. Like, I think it's underperformed a little bit in terms of memes. Obviously Solana has taken.
It's also had a lot of the meme activity You've got now this Doge 20 day, day 20. I don't know. I just get the feeling that could just pump. You had a really good tweet before the show. Actually. You said most of the current top meme coins will be here in 20 years. Most of the current top alt coins won't. Lessons in there actually. What do you think about that statement? Of which statement? Sorry. So Mandos, I love that Mandos said no. Oh. No, I know. I know which one you mean.
Yeah, I do agree with that. I do think technology can get replaced pretty easily, but sometimes of the top, especially of like the top two or three memes out there right now. I guess Dorjan's ship showing that they had lasting power until now, till the next cycle, I don't think Pepe's going to go anywhere, right? Pepe's one of the biggest Internet memes ever. I also don't think whiff is going to go anywhere either. It's not I'd recognize a meme
until this year as the others. But it's it's definitely, you know within the top five South. It's kind of crazy to think that like of those five or six meme coins out there, that those those will last. And then you could well have something like Cardano that just disappears. I don't, I don't really know like just one of these other L ones that don't really like need to exist. So I mean. The top 10. Really I think the L ones are maybe the the the least are the
most likely to stick around. It's the other ones, It's like gaming, it's AI, it's Defy, it's all the other like alt categories. I just think they all just get replaced. Whereas memes as a category of alt coins, I just, I just think a lot of them will still be here. I think the the ones that are chains themselves probably have the most lasting power because they're not then tied to an L1. Like if you are a meme on a chain, then obviously you're tied to that chain slightly.
But yeah, that's just my just my view. Like it's not even that they may underperform or outperform at some stage, like these memes could even be lower in 20 years. But I think they'll still be there, they'll still be around like they'll they'll still be active. Whereas, I don't know, I go through the top 100 and I think I would say very, very little apart from the memes and like the very, very top, like ETH, Bitcoin, Solana, I feel confident about being here long term.
I mean I think like just right off the top ten, I think XRP and Cardano are going to get booted out of the top ten this cycle. Like you saw Ton Coin for example made it to to top 10 as of this week. It flipped avalanche and stuff like that. It's just so much like stuff coming up right and Underworld up. I mean is have you Has anyone used Polka dot? No. Have you guys ever met a Polka dot community member? I'm I'm not even trying to throw
shade like because I'm. I'm trying to make sense of what Mando's saying, and it's very true. Polka dot is the 14th largest cryptocurrency by market cap right now. But that tells you a lot, right? That's an L1 that nobody uses and it's still managing to be Top 14. That's why I think L ones can stick around longer than like if you go to the gaming stuff or you go to any other altcoin category and you go, they all just go. What the fuck is this? Am I? Am I like not?
Am I? Am I about to get cancelled? Like what's you said, Elio, Like, like am I? Am I just going to be told I'm stupid? I've known anything, but I've never heard of it. I don't know. I don't know what that is. It's it's 23rd I I I think we're pretty good. I think we use, we're like crypto power users at this stage all three of us like you know, I mean we we live in those. We live in the order books and then. Let's go to the top. Like how many of them are memes
now like? Doge. I mean, you have, you have Doge at #8, you have Shiba at #12, and then you have to go all the way down. I mean, the number one is a meme, right? But you have to go all the way down to to with actually 30th. 30th, yeah. I mean with is the top 20 coin this side goal. Yeah. I just think they they gradually become their own strong asset.
Class basically. I mean look like Bronk is 70th, Flocky's set 57th, Pepe's Top 50, now 46, but like, it's really Doge and Sheba 812 and it's 30th, 46 and top 100. There's only 5 meme coins, 123456 I'm sorry, the six meme coins of top 1100. Like, I wouldn't be surprised like 25% of that top 100 is is is meme coins in 20 years. Like you're talking 20 years like. Few more cycles like that wouldn't surprise me at all 'cause like even the boot the Zoomers are going to grow and
what have they been taught like? Or buying this entire time, like the picture. Like this 16 year old right now buying coins and what he's probably going to still own at 26 years old in 10 years. You know what I mean? Like we're 20. We're like in our 30s pretty much buying still. Like we're pretty much just bidding meme coins. So. So tells you a lot. It tells you a lot of things about where we're going. Anyways. Where's this Bastiang guy saying, hey, Mando never had the
chance to thank you. I won the $15,000 Robit giveaway a few months ago. Can tell you it's been put to good use. Don't know if I would be here right now if it wasn't for that. Couldn't have happened a better time. Truly. Thank you. Wow. I just saw. Hey, Mando, thank you. I said Bastian fire. Congratulations. That's, that's that's shout out to Robin. I mean, tomorrow's the loose box bin, so shout out to them. There's been 5 red guys. One last week by the way.
OV Yeah. So hey, it's good for the volume volume's coming in. You know, Robin's buying them and the people are dumping him into bids. Like it's perfect actually. To the people's defense a lot of people are keeping them. Anyways before going to CFW here we have Orb in the in the in the in the studio. What else do we have on here? I mean Tensor Tensor, AirDrop, how is that going to go down today with Solana, I saw it was it's getting listed on Bitcoin, so a on Binance.
So that's another Solana coin getting major listings Binance crew coin, a bunch of other ones. How do we what did we need to like fart? I mean, I didn't use Tensor too much. I bought all my bodagos and Magic Eden back then, which in retrospect maybe I should have used Tensor all last. Magic Eden gives me bigger AirDrop, but I don't know. Is this going to go well? You say like today this is it an AirDrop? Is it claim? How's that going to go down? Trying to figure it out for
farming, I guess. Yeah, I'm trying to figure it out now. I'm trying to see the wallet where I have my bodagos. Like what? What goes down? But Tensor's happening today, that's something you guys should pay attention to if you're if you're in the NFT but specifically Solana ecosystem because Tensor really just operates on on Solana and then and then and then and then you have and then on the NFT side, I mean before I go to our guests because that is NF TS as well.
It the the the story of the weekend was really again big to an ordinals and I was all over it. You know we talked shit and then the Bitcoin whales said Nah not today kids not today. I don't know if you guys saw but we got humbled up pretty quickly. I mean you followed because you know mando you feels like you've been glued to your to your Internet this weekend. But Bitcoin puppets came this close, this close .02 Bitcoin this close this close to flipping the node monkeys.
And then the node monkeys said no, not today. We're the big daddies of Bitcoin. Sit the fuck down kids, back to the sandbox. So, so the node monkeys then went from a point O2 lead on the Bitcoin puppets to a .2. So that's quite significant Bitcoin lead on the puppets in the end. But on the back of that actually rune runes are just going crazy. A bunch of people tweeting all about ruins the allocator saw min. His tweet went viral, but like
how much you get. So that's like if you apparently per the mathematics if the ruins like the for RSI CS trading at like I think $0.05 it's a billion market cap if you have a million RSIC coins like runes from that one you get $50,000 AirDrop like which is pretty wild and and on and on and on. So like those ran RSIC meta protocols at point O 88 almost hit .1 Bitcoin again it was .12 previously Rune pops flew this weekend to point O75 back down point O63 puppets are .4 Bitcoin
again. Node monkeys though, no monkeys .629, you know. So there's you still have a lot of time you know to flip to flip the puppets if you have no monkeys. Of course, you know I only have puppets so you know, I I say that freely but I'm just obviously, I'm just kidding. I know a lot of no monkeys are getting annoyed but it is what it is. You know this is this the game. This is the game. We're playing it and and and it's fun.
Besides that, if I go on the D Jens, let's see what D Jens is telling us here today on the NFT front. I don't think it's great. For what it's worth, do you guys think board apes are going to go under sub 100 sub tennis? Did you see that? They've been like out of the top, they're now the fourth biggest collection. So I think runestones and Node Monkeys have both overtaken them in terms of market cap now. Oh fuck. Yeah, so board apes. Not even in the top three.
Wait, so Node Monkeys Runestones. And what's the third? Punks, of course. Of course. Wow. OK. That's not great. Says what, Right? Like says a lot about what's been going on this cycle. Just ordinals can't fade them. No, you definitely can't. I mean, this is the cycle. And then also like Lyddy, we were just talking about the halving. Like, this is Lyddy coming and Fading Ruins is wild during the halving. So I would definitely pay attention to that on Solana.
I mean there's nothing much moving. Hopefully after the tenser AirDrop some collections move, I don't know, I think I think we we moved back to NF TS way after in the cycle like the summer, like remember it's Summer 21 when Punks went to half a million, it was like June, July, August, right. So I wouldn't be surprised if we have to wait until then. And then last but not least a very low sale for Zombie in terms of ETH, pretty good in USD million dollar sale, 320 ETH and then OV.
I saw autoglyphs traded today for half $1,000,000 Bro, so that was. I mean, it just looks like Ethan or tea just for sale, really. Like, yeah, that zombie punk maybe. Maybe Just mentioned that. Yeah. Traded for the lowest ETH amount for a while for Denzas are at like a 39 ETH floor now, so that's come off quite a lot as well. Yeah, yeah, it's pretty. It's getting pretty, pretty well now. It's pretty brutal, I'm not going to lie. And then on on on the rest of
the side. I mean you had you have a lot of X copies trading recently and if you guys noticed there's a ton of X copy sales happening on the in the in the in the mid tier at the moment. So that's something I've I've noticed Ralph PAL and the like, COSAMO and all those folks, yeah. Right. It's just like buying as many X copy. As you can. Is it him? It's like 90% of the X copy market at the moment. Is that him? Because I know he wanted a like edition of 10, so he's just keeps going.
Yeah. OK, that's funny. I love that robo pile. It's just like Max bidding X copies. It's it's poetic. So that's not. Solana's going down man. He's just hammering Solana and then and then buy an X copy. I mean, he's cooking on Solana and Whiff, right? So. So you absolutely love to see that. That's what it seems to say. And then last but not least, you have, you have, you know, Coinbase smart wallet and stuff like that. So that stuff's getting closer and closer and closer.
You know, I saw Jesse Pollak tweet that he was like working on a Sunday night, blah, blah. So that's going to be a huge narrative. And it looks like it's going to be a good week, especially as OV's Balls has been tingling, per the timeline. And usually we pump on that. That's usually what happened. I was not sure. You know, I was when I fly, I'm traveling for 2 1/2 weeks, I was like, hmm, sure. I saw some stuff.
I opened XI saw OV tweet that. And I was like, OK, maybe like, you know what we're we'll have a great week. Turns out that was the right call. Anyways, where we bring Orb up. Orb. Whoa, that's a cool background. I like it when I guess our fire backgrounds. Orb. What's up man? Good morning. How you doing? Good morning. How you guys doing? We are absolutely vibing. Take me through your background. What is going on in there? I like that. Reminds me now.
Well, First off, I should apologize 'cause I sound like I sing in a grunge band from 1991, 'cause I went to NFTNYC and man got wrecked. So sorry. I sound like a fucking grandpa right now. That eats a lot of drugs. That's all art. That's art. That's art. That's also art. That's actually a Pascal Blanche piece I collected like 2 weeks ago on On Foundation. So that one's cool. But now I made some of it all. I made all the shelves and shit. And there's a lot of books.
Proof that some of us actually read books even though none of us read shit anywhere else, you know? But yeah, no, man, this is my cozy office. Welcome to it. Thanks for having me. I like that man. I mean thank you for coming. Thank you for being a show partner. I mean you're we've had you know a lot of people been asking what CFW is. We shouted out at the beginning and and obviously we've been waiting to do the show with you. Obviously like ERC 4/4 is a narrative that person like been
following more and more. Shout out to Asterisk Team two like DN 4/4 and what they're building on there, but you guys were one of the 1st and earliest people to adopt ERC 4 fours with Pandora if I'm not mistaken one of the first, if not the first generative art project. Yes, Sir. There you go, there you go. There you go. There you go. I know my shit.
But maybe first or before we get into that, if you can give us maybe like a little intro of like who you are and like what you know Palette is. Yeah, for sure. For sure. So Pallet is actually a CFWS product. CFW stands for Chapters From Within. He's an Indian artist I've been working with for three years in the space. He's the shadowy pill. I'm the actual human with the voice. And it's just how we vibe men. It's how we build. We've been working together for
three years. Pallet is a product of just a series of art projects that we've put out together over the years. It's all CF WS Vision. In the case of Pallet I wrote the code for, it basically quantizes existing images from one of our older collections, remaps them to this new Bauhaus aesthetic that we went back and forth on. And it was.
It's actually kind of funny because it's a fractionalized, right with the RC four O 4, but the art itself is actually fractionalized because we broke down our older project and used them as source files to create these crazy Bauhaus, you know, grids. And that's it in a nutshell,
really. I mean we're, I want to, I want to clarify also like that we're we're thankful for for Pandora and ERC 404 and everything but we're artists first and foremost like the Tokenomics kind of comes second for us. So either at 720 ones, four O fours or on base you know we're down with everything you know what I mean And in fact I actually work in a number of other projects with the guys who
developed the DN40 4AS well. So yeah we're out of we're we got our fingers in a lot of projects man. You know, so it's kind of we're we're very like on the the peaceful level with everybody, so yeah. OK, I like that you like Switzerland. Like you have a very Switzerland approach, yeah. Except we don't. We don't keep Nazi gold. I'm a Turk. He's an Indian.
That's crazy. I listen, I I think what you guys doing is really cool and I mean you're the deaf, so you you probably have quite some some knowledge when it comes when it comes to that. And I love that you you really mentioned that you guys you guys are doing a lot. Look, I'm sharing the on the screen for those of you who are watching on some video, 'cause we are on video always, I think how many, what, 3100 people. Holy shit. Yeah 'cause the Binance Live gets us a ton of live viewers.
So if you're on Binance Live, what's up? Follow us on Twitter, FOMO hour and also CFW here that I'm sharing on the screen for everybody. But why don't you talk to us more about palate and and you know like the evolution to IPWT, what IPWT is and like just what you up to right now? Yeah, bet. So like I said, like pallets, basically the second version of what we did with pill heads generative, which we dropped at the worst point in the market in 2022.
Like it's like we woke up and everything was crashing and we're like, well, we're out of juice ship it. So we shipped it ended up being a free mint. So everybody got bitter and stuff in between that hasn't been with our community all along. And then, you know, Pallet happens and everybody's like, Oh yeah, you guys keep giving us a lot of cool free stuff.
So Pallet became one of those things, but more so it's kind of like from a personal level, it's CFW kind of saying, hey, look, we're moving forward, here's another collection, we're bringing in some generative arts. We're actually going on chain. Hopefully this week I'm
responsible for the delays. You have a version 2 of it coming out and if you look at all of CF, WS past collections, they're all kind of gateways into all the other projects that are part of it. And some of them even have multiple versions you can like toggle through, you know, like those top right little toggles on NFTS and HTML embeds. So this is going to turn into one of those as well.
There will be a version 3 down the road and ultimately IPWT stands for in Pills we Trust which is the brand and basically CFW is creating this umbrella brand for everything and all these like you know we call them products. To us they're just art projects and our holders and our community that have been with us like through thick and thin at
this point. You know, there's a lot of new folks that come and go, but like, we know we see the ones that are there for us, you know, and we're just really proud that everybody's part of this IPWT thing with us because people trust us, you know, it's a lot of responsibility. Like I'm on a show called Rug Radio and our, our, our brand is always like we don't even know how to rug people. You know, we're so deeply entrenched in this shit.
So, so yeah, I mean and you know, keep in mind, like, you know, CFW is like building all the time. Yeah, he's got, he's got a drop on base this week too. Brand new quality. Yeah, let's go. He's cooking. Oh yeah. I love that. I love that. How's the experience been? What's what's your favorite been? You seem like you. You've been across chains here. You know you've done the RC44 shit. You're doing the base stuff now. What's? You've had a favorite?
So far, so I look man, I'm really agnostic with everything. I, I, I'm, I'm going to try not to get in trouble here because I work with feisty Dao and I work for own the Doge. So I'm I'm kind of a dev on both teams. They're my organ. Yeah, they're my fractionalized fam. You know, I started out with with feisty Dao. Actually cause path collected my art like 3. Years. No way on the doge. They they. That's the when they bought the Dogecoin dog and I. Yeah, yeah. I started out with feisty.
It's the original fractionalized one along with Now I work for Dog as well, but. I remember that. Yeah, yeah. You guys were just talking about how dog Coins are doing. Well, we are doing really fucking well. Like, you know, go buy some more. You hold on, you the dog. Like that was a crazy, like, we 'cause we talked about the WIF NFT selling to like GCR for like for like I want GCR. It was a GCR it. Was yeah, we we we made that.
We made that happen. This guy parking our Dow over at Feisty knew the guy who owns The Who owns the dog, who started the meme And we kind of what's the word mediated it made it happen. So we got it on Foundation 4 and it was like $4.3 million GCR. Yeah, yeah, yeah. Yeah. But then, but the dog one was even more in last night. It. Depends on the ETH value, but yeah, they're all million multi
$1,000,000 photos. I I just got a, just had a show in my friend Dundo, had a show in Australia with the original photo and shit, so I got a. Smokey. From Kabosu Mama. It's fucking awesome. No way yo that that. Is that the actual Doge dog photo? That's actually signed print? This is this is one of 696 for the culture. And I got #70. They didn't send me #69, I got #7. Whatever, I'm happy. It's cool. You're one off. You're one off. So what? What's what's your dogecoin prediction?
The cycle. I don't make predictions. I'll tell you though that we are cooking a 24 freaking seven. I don't do financial advice. I talk shit on Solana all the time. I get a mad shit for it. But I think I I think at the end of the day, like the L twos and L ones we're looking at. I mean, it's ETH, man. Anything on ETH Bitcoins great. I'm really supportive of what it stands for, but as far as functionality, NFTS, all this cool stuff, Ethereum's here to stay.
That's my personal opinion. But but I'm very I encourage people to do anything decentralized, 'cause we got rid of we we got to get rid of the existing structures, now we got to work together. I I I think we got to stay agnostic. There's got to be multi chain solutions for everyone. I agree. I like that. Any reason what? What can I ask you what you like most about ERC 40 fours?
Of course. Like, I'm starting to get a little bit more into it with like the tiny, tiny time I have to like, research more shit 'cause I do like to read sometimes too. I I I think I should speak for the project, not for my personal perspective of what I like. Yeah, look, as a project for CFW, why did you guys start with Pandora? Well, so it was right time, right place, right. So CFWS in a telegram with these guys, they're doing this thing and he's just like, hey, we got
this art project. They looked at his work and obviously if you look at CFWS work, you're like, oh crap, this guy's for real, you know? So they brought him on. We cooked the shit in two weeks. Two weeks. I've been working on iterative for 18 months. The mint is still open. It's the dopest thing I've ever built. But pallet, we shipped in two weeks and it was a success. You know what I mean? And I think part of that is because people are sick and
tired of illiquid jpegs. And it was like an exciting solution for somebody to be able to buy into a project, just dip their toes in it and get a fraction of a coin, as opposed to having to buy the NFT every time. Right. I have some reservations about it. I think the good thing about this is that there are imperfections, which means that the groups behind DN Four O 4, ERC Four O 4, they're working things out, which is a good sign.
Like, you know, if everything works great out-of-the-box, we wouldn't be here. We wouldn't have any problems. We wouldn't be trying to figure out what's next. You know what I mean? So I think ERC Four O 4 is good for people who want to kind of get exposure to a project that they might be unsure about or are just kind of like, hey, here's a more fun way to get engaged because you know, we're, we're tying in the Tokenomics people with the NFT folks, you
know what I mean? So it's like it's a really interesting crossover. We actually found out that a very small percentage of our collectors and we have a pretty big community are actually doing both, which is really surprising, you know? OK, that's really cool. No, I I've just, I'm just getting a little more curious about it as like I do think like there's going to be like another run at some point once we're done playing with you know coins
and meme coins, all that stuff. So yeah, but but I mean the narrative of like coin Titan NFT is just perfect. Like it's a it's a combination of both. It's like 2021's like NFT cycle and this year is like the meme coin cycle. It's everything in one fucking bucket which which that things go. But anyways back to your back to what you're doing.
You know you talk to us about how you fit in the world of CFW, how you dev, you do all the dev work across chains usually EVM it sounds and and pro decentralization you love to see that we love to hear it and but can you talk to me maybe like about the generative art and like what's next for you guys. Of course I get started as an art project. CFW is an artist himself, and you're an artist with code, I guess. What's next? Like, what are you guys gonna stick to Gen.
R? Like, what do you think about the state of space? Here's the thing, I mean like both of us are artists in the real world as much as we are here. I mean CFW has always been on digital and he's actually, if you can track on who he really is. He's a video shooting genius. He makes videos. He's a After Effects whiz. He does 3D, you know, I I do a real world art installation. I did fabrication for years. I hang people from hooks, literally. Like, that's my, like, claim to
fame in the real world. You know, I do like large scale art installations and stuff, but I've been coding since I was a kid and then I quit it, 'cause I was like, I'm done and then web Three happened and I'm like, OK, I'm back, you know? So I I think what's next for us is really just exploring how far we can push all of it. I mean, we're I'm really big on generative art. I I think terraforms are the best thing that happened to the EVM.
I think Fidenza's are cool and whatever, but like we're looking at a new School of Art, which is what iterative is about, which is the project I've been working on. CFW did all the marketing assets for. We're world building, and all of these projects we're working on under IP, WT and under my own brand as well are all kind of kind of integrate into its own ecosystem that actually welcomes other projects to come be a part of it.
There's gonna be gaming elements, there's gonna be art elements, there's gonna be some Tokenomics stuff, 'cause we just we we just accept it as artists that like this is the world we live in, you know? Like we don't want to be broke and nobody likes a starving artist, you know? So I think what's next for us is really just kind of figuring out how we can merge all this stuff CFW has.
I don't think we can like, quantify how many freaking projects this guy has going on. I can quantify mine because I can speak for myself, which is also a stupid number. But ultimately, like we, for me personally at least, like I want to take some of the art we're doing. And like what I'm doing with iterative is like these endlessly looping things on the EVM. You're going to be able to, like, plug in your biorhythms so you can go see it in person at an art installation.
You can breathe with my art and it'll breathe with you, you know, stuff like that. You know what I mean? So we got, we got some crazy shit cooking, but we're also mindful that we have to stay relevant. And it's a it's a cutthroat scene, you know? It is. It is very cutthroat. So you know, I guess one last one last question for you and Orb you, you see you have a lot of fans, man. I'm getting tags, getting a lot of comments in in in here from
people really like you. Someone said Orb is still a kid though What? But but question for you Orb is, is where should we point the people out to, right? Clearly you said there's a lot of projects. I don't want to confuse people. Palette to school by the way, really appreciate you guys like partnering with us over the last month. It's been fun to see that like that colorful logo at the bottom right of the of the screen as well. But like what's next and where
do we where are we? What are we telling people? To follow. All right, So first of all, the guy who commented, Argo, I'm actually doing a project with them over the next three months. Of course you are. Can we do projects too? Like, are we? Do I get to work with you too? Like you sound like you're really cool, man. Hit me up. Get get out of the branding world for Just come chill with me. Look, grab your vape pen.
Take a hit. I roll my joints, but yeah, I'll bring my don't worry, I'll bring them. I I can't do flour right now, 'cause I sound like a fucking octogenarian. No, not right now. Not right now. Not after an event after New York. You. Don't know that but come build with us, you know and and to come build with us anybody's welcome to hit us up. We are starting an incubator for next quarter. We we're going to work with some pretty big names hopefully and
bring up some emerging artists. But the best way to connect with us is follow CFW, it's I am CFW, follow me. It's Art of Orb. If you go to our profiles, you'll see all the projects that we're working on, from pill heads, generative to palette to iterative, to even the the feisty stuff with the Doges. You know, like we're we're everywhere right now. And like, honestly, just follow us and pay attention and be patient.
You know, be patient, 'cause if you if you had a partner, if you like to come on our discord and you'll find out everybody's just like, Oh yeah, hey, welcome to the Ship show. We've been here for three years. You know, let's have some fun. I love that. I love that. Man, you guys sound so fun. Definitely want to keep chatting with you about a few things because you honestly sound like a base dev. I mean, Mando, do you have dev questions? Well, we have a base Ethereum
dev. I mean you're you're a Solana dev now. I don't know if you know or but. I heard. Yeah. It's great. No, I don't. I don't. I mean, I don't know. Like I I think this is really cool. I I agree with you at the I think. I think you gotta you gotta you got a possibility here with with building out with a bunch of different artists. You clearly know your art. And yeah, we should we should do a project. We should do a project too. I'm right here. Yeah.
Oh my God, I love that. I think it's. I think it's so cool. Well, orb dude, thank you so much for for for being here. Thank you for being partners of ours. Shout to CFWI. Saw him in the comments as well. What was hosting here? So really cool. And then hopefully we get to to link up and get some rest. The New York NY sickness is real. No, there's no, there's no time for rest. I mean, dude. I got all three times I went all three times.
I didn't go this time, but all three times before that I got sick the week after. I'm sorry to hear that. Well, you're you're fine now. I got sick for you. There you go. You you all did. I saw Frank at Twitter. He's sick. I saw a bunch of people. But anyways, or thank you for coming on. I appreciate you and good luck with everything. Yeah, thanks. Thanks for having. Me appreciate you. All right. All right. Well, Mendo, Mendo, Mendo. Have fun.
Devin for the rest of the day, I'm excited to see your beard. Are you the type of guy that can grow like a beard Beard like you have a nice full beard. Can you go look? I can grow. I can grow a proper beard, yeah. Yeah. You look like because it's like nice and full you there's no, you're not spotty. Looks like you should let it go, I think. I think you let it grow until like 100 million, yeah. Let the beard grow until 100. Yeah, yeah, I mean it will.
I think. I think it's it's that that's a good, that's a good idea actually. Full, full dev. Chad. Yeah, yeah, yeah. It's a lot of depth chat. Let's do that. All right, perfect. Well, that's fun. We have a new thing for the show. For those of you who are in Paris, I'm speaking to more at Paris Boxing Week, I believe I'm on stage at 6:20 PM CET here at the Carousel de Louvre. So if you want to come get some tickets, yada yada, yada.
I think we've shared about it. But if you're in France, I'll be around if there's side events going on doing Paris Boxing week, hit me up on DMS and I'll be around coming to you. And if not, we'll see you in Dubai next week. But the show will definitely and most certainly go on all week. So with that, with that, with that, we will see you all tomorrow morning, 10:30 AM Eastern Standard Time, 3:30 PM GMT for another episode of Four More Hour on Rock Radio. Let's go.