Yo, what up? What up? Good morning, Good morning, GMG. Friday. Oh yeah. Friday, Friday, Friday, November 8th, 2024. Four, four. Look at that. Another. Beautiful day to have a beautiful day. I got my Co host in the house Tyler Mando Logan, OH it's a packed stream today. How you guys doing today? Good morning. Doing amazing man, how are you? It's another day in paradise. It's another day in paradise. You know, it's really nice to wake up and make money
day-to-day. I wish it was like that every day. Sadly, this too won't last. So trying to make the most out of it. Mando Tyler, how you doing? I'm good like as you mentioned. I've only got about 15 minutes but I had to stop by for Solana all time high day. Solana all time high day. I don't know if folks know this, but you have to flip it to market cap. But yeah, we. Are we are there, we're there. We kissed, we kissed the cycles high, we kissed the all time high in market cap again, again
and again. Let's see if let's see if we're going to break out of that today then and then you know all time highs in price are in play. Logan, how you doing today? Hey, I'm doing well. Nothing to complain about. Excited about prices, just happy, yeah. Good. Looks like America is intact thus. Far, Yeah, thus far things are are totally OK here in PA thus far. Things are things, OK. So things are fine in the United States, OK. We haven't spoken about the
election for two days, guys. It's amazing. Holy shit. Do you guys notice? It's just all bad. It's like only coins. It's no longer like if this, if that. It's just coins, coins, coins, coins. You're not being shoved pulls down your throat all day long anymore. Significantly different. Like it it has noticeably changed in the last two days. Like I think the algos changed. That as well, right I'm I'm not fed like crazy like right wing propaganda either.
It's great, it's great. Anyways, all right, well, it's not the show as usual market report this this today we're going to flip things around because Tyler has to go in 10 minutes. So Tyler's top 1000 market report and then we'll chit chat. We got Logan, we got Mando in the house. So we'll we'll go over a few topics this and that and then we'll go on to picking a winner for the robit loot box spins and then get a spin going.
Maybe someone wins a punk today in this show, as you all know, as usual, is powered by galaxies where seamless built in monetization tools galaxies enables the development of sustainable long term communities, fulfilling Bitcoin's vision of the centralized freedom and the pen independence from centralized control. And with that Heiler give us over daily NFT and crypto analysis. Tyler D on FOMO our calls the
kids. Can top story The Bitcoin ETFs have sent a smashing new record $1.37 billion in inflows. That comes on the back of black rocks. I bet $1.12 billion in inflows themselves that makes Blackrock's Bitcoin assets, they have now exceeded their gold ETF assets in value in just ten months of existence. So that's a pretty important milestone right there. This comes after Jerome Powell, he cut rates another 25 BPS at yesterday's FOMC meeting in line with market expectations.
One more cut still expected. In December we saw Coinbase launch CBCBBTC, their RAP Bitcoin product on Solana. That's their first Solana based token. Crypto Super PAC. They are celebrating this week. They successfully led to 98% of the candidates that they endorsed in the recent elections out to them. Incredibly successful. The degen team, the degen token. They have alleged issues with Conduit as an attempted
migration. They might have to launch a new chain citing that conduit has their roll up keys hostage for months. So that's one. No way this thing keeps going. We'll. Have to monitor that then. I mean one of the fun stories of
the day. Notable crypto trader thought leader content creator Kobe. He's teased that his show up only might be coming back soon and he changed his PFP back bull market Kobe. So we we like bull market Kobe in token AirDrop and protocol news magic Eden teased his tokenomics are going to come out November 18th right around the corner mantra check this out Pudgy Penguin family. They published their AirDrop checker. They've got 15,000,000 OM tokens coming.
Pudgy Penguins are on the list. So maybe AirDrop season coming back here. Moon shot enabled Venmo deposits via Moon pay shout out to moon pay and then socket protocol introduced a new chain abstraction framework in partnership with near. In memes, NFT news, memecoin majors green on the day, Doze, zerobro, fartcoin, EACC, mudang all big winners on the day we saw SAT Republic completed $2.75
million race. They are launching Sacco, a mobile runes trading product, I think that's coming out in the next few weeks. And then Artbox curated introduced Poetics of the Infinite, a new three-week exhibition as they go deeper into that physical and digital concept. And that, that's the Rama. Yeah, I, I, I love that. I mean, there's so much going on. I think we should start with
BlackRock, right? That's the first and foremost I I love this tree of alpha account because I have my notifications on. I just wait for the for the every night. I'm like, it's going to be it's ETF time. Last night. I'm not going to lie, I was expecting a tweet saying this is like a fat theorem buy maybe it's going to be tonight. But I have a feeling like the like tweets are about to come. But it looks like it was just more Bitcoin theorem. Is good too. I think the theorem hit the
highest number I've seen. Let's set up DJ OK, I guess it didn't share it, but let me let me check DJ. But BlackRock? It was a billion dollar a day, huh? Wild. Just numbers that we haven't really seen before. Where is it? It's all the way to the right. You meant to scroll. How do I scroll right Mendo? Can you zoom out? Oh yeah, I may have to zoom out. Sorry, I'm too zoomed. My bad. All good. Never mind, Mendo.
We're good. I've been here. 1.1 billion on on the day, that's their daily inflow number, God, and they were a majority of it. So we saw 1.37 billion in total. Yeah, ETH caught 80 million, which is the the biggest number that I can recall probably since launch week. And interestingly, it wasn't just BlackRock. Fidelity outpaced BlackRock with the influence. This is probably the one of the more interesting narratives in the near term for the ETH crowd is the ETF catch up trade.
So let's look on coin glass. It could be the the biggest day for for them since launch. It's got to be top three, top five for sure, and it might be top one. Yeah, it's up there for sure. I don't know how to find out all of it like the all time, but yeah, it looks like it's, it could be the biggest, one of the biggest days. I I I think it's obviously going to continue. So OK, that's good. Looks like BlackRock is continuing to buy even A75K. How much Bitcoin do these people
have? Holy shit. They they have a lot. I think they have the the Decrypt article I read that said they have $34 billion in Bitcoin it. Passed the gold assets under management or something? Did that say something like that? Durassi tweeted that. So that was the other aspect of this. In 10 months, their Bitcoin ETFs have surpassed their gold ETF product. Wow. So what additional signals do you need if you're not
convinced? I mean, between that and and Kobe, you know, I think I don't think we need much more. I mean, Kobe, I mean, that was another one in the news. Do you want to explain why for the new people in the in the cycle? Yeah, so Kobe basically kind of went quiet, right for the last, hey, year and a half. I mean, he, he, he replies, he's been the kind of reply guy. He's building the his investment platforms.
That's what he's been busy with, but and he changed his PFP back to his bull market PFP that he made famous during the last cycles. Bull run, his up only show was probably the biggest show in crypto. I think that's pretty fair to say. And he in, in the replies yesterday, he, I don't know if it's a joke or true, but he he alluded to the fact that the show might be coming back. I saw that they've been teasing it a lot, right? Him and Ledger.
Yeah, he he did like a Jarvis send Ledger a new camera and and mic. No. Catching up today. That would be great. Oh yeah, Because they say if Trump wins, huh? OK. Hey, look, Trump got us Kobe back. So you know that that must have been a deciding factor for a lot of crypto Bros when when going into voting. Looks like Kobe's back. OK, what else? I mean, you have a lot of good news on your stuff. Yeah, we don't have a time to get into a whole lot of it. I tweeted this morning.
Just like I'll go straight to my meme stuff. Yeah, it's only a few minutes. This Doge play, the Department of Governmental Efficiency folks thought maybe Peanut was the the Trump Elon play. I don't know. I think it might be Doge. I was wrong. It is not. The biggest mover of the day this next to zero bro, which is more of the AI meta and and may know maybe maybe I'll talk about that more later, but I don't know. This looks good.
It's on ETH. There's a little bit less competition on ETH, makes this interesting. That's absolutely insane. I mean you and somebody else was friend or was Lenimore called it like I think like five days ago or some shit. Definitely before those green candles I'm seeing on your screenshot and and it's up a lot. I thought like another doge wouldn't work out but I guess ticker Bitcoin worked out so well done. That's a good trade. Looks like the meme coins are back.
I mean this morning maybe a cool off with ETH with Solana going crazy, but looks like your Mirage memes are looking good here. Yeah. So I was checking that. So coin market cap has their overall meme coin market cap. It looks like we're at about 1% away from local highs, which would be like a three-year high. So we're right on the the precipice of. That getting there. So I think that's an interesting
one to watch actually. I haven't actually looked at the Maraud board like so many things have been moving. It's in the they're actually a little bit quiet. SPX back above Mog. No surprise. Of course you. Know, I think it's probably the biggest story of the week from the Maraud memes over now over 100 million. That's a big milestone and clear, clear skies above it. Clear skies indeed. I mean, it's pretty well this is a chart here. All time market cap and volume for memes.
Looks good. Look, good send. I mean, this market cap here was solely on, well, that's 2021. So it's mostly DOGE obviously, right, Well. I don't forget how high dose really went. It's the thing those went to 9980 billion dollars. So looks like we're it's going to run it back. So what's DOGE at right now? Where's DOGE trading at $0.19? 30 billion. Yeah, let's get in there. So a little 4X and dozes back to all the time high. So that's that's good. All right.
Well, before we take off, was there anything else? Yeah, maybe Logan will go into this. He shared on the Lucky Trader account. But for the pudgy payment holders out there, there is a new AirDrop that you're eligible for. The Mantra, I think that should be. I haven't been following this one super closely, but it's somewhat legitimate. Maybe Logie has more information for us. Yeah, not, not too much. Aside from that, there's the, yeah, the eligibility board.
So it's just beyond pudgy Penguins like star gazers or star kids or bad kids. They've been on like a bunch of different stuff they've gotten air drops for. But if you own any of those, you're, yeah, you have the Genesis drop from Mantra, the OM drop, you have some allocation for. And for pudgies in particular there, there's not a limit. You know, if you have 10 pudgies, you get 10 allocations. And there is a, there is a
wallet checker as well. It does not require you to connect, so some more safety built in there if you just want to drop your wallet in and check and see and make sure you're eligible. All right, there you go. Have a good weekend, enjoy the show. Have a great weekend, Tyler Mando, Mr. Mando, we still got we still got we still got Logan. We still got Mando over here. Make sure we're tweeting because we're going to pick a winner at the end of the show for a little bit.
Lootbox, man. Which reminds me, maybe I should get to to to preparing this lootbox for today. Hopefully in the NFTS didn't sell, but they haven't been selling much these days, so we're fine. Mando Mando, Mando, Mando Mando. Oh my God, this market report. I'm I'm curious to think where we're going next. Who is the man Michael, Daddy of the land. Can you dig it? Can you dig it?
Yeah, GM, everyone. So as Tyler said, yes, you went through a lot of the stuff there, but it's been, we had a pretty bullish Fed I would say yesterday and that's just created another tailwind for this market. It was kind of what I said it was the Fed came out, it didn't it didn't do any anything sort of predictive. It just said inflation's come down, strength is still growth is still strong. We're looking like we're going
towards a a soft landing. But they said that they would make a decision every every single month by month. So at the moment, I still think they're going to cut rates again next month, but then it'll really be like what happens with Trump, like we spoke about with the, the tariffs and stuff like that. That'll be the the main question. Interestingly, he kind of said what I said a few days ago and that Trump, Trump's been talking about trying to get rid of Jerome Powell.
And there is, that is like kind of against the law in, in the US and, and in many countries actually, like the, the, the chief of the, of the central bank is often means to be picked independently of electoral power. So it's kind of, it's kind of a, a strange thing. But he, he's going to be asked a few times about this because I think Trump has said that he wants to get rid of Jerome Powell, But he, he actually was pretty defiant and said no, which I kind of respect. Actually.
I, I do think they should be, should be separated, of course. Yeah, there's, there's something brewing there that maybe it becomes increasingly political next year. Like I've said, obviously there's going to be a lot of talk about if Trump does bring in tariffs now they're going to have to make a decision about whether that actually leads to inflation or they should be ahead of that. And you could have some pretty political Fed decisions next
year, let's put it that way. But that's, that's for next year. For this year. It felt like everyone just wanted to buy things after that because it looks like we're still going to get two rate cuts by the end of this year. Bitcoin hit an all time high, Solana hit a cycle high or very close to it, ETH went up towards 3K and just general risk appetite. Yesterday was probably the highest I've seen it in many
months. I think the last time I saw it this aggressive was probably that bounce back second-half of August. Yeah, definitely, definitely felt like everyone was looking to pile into stuff. You can feel it in the chat. Everyone's just like sending tickets and stuff, which is moving, yeah, going into stuff. So it's it just felt like one of those sort of days.
Interesting. I also think that like what I spoke about yesterday, where listings, I think are going to increase quite a lot across a range of different things. We're going to see more air drops, we're going to see more listings, sort of very bullish things happening across the board. I would say in in crypto. I thought the biggest news of the day was the story about the the the potential new head of the SEC.
Let's talk about that, right? I was surprised that Hester Pierce is not interested in the position actually. Well, Brian Armstrong wants her to be it, but it does feel as though it's actually going to be the head. The well, Trump's team is indicating they will be the ex head of of Robin Hood, their Cielo, which would be a big win, which would. Be a mark win. Yeah though, right? Yeah. No, no, I see somebody else. But there's another news out of this morning though. Check this out.
I didn't even see this myself. Look at this. I. Know, but this is from this morning and likely to be next. Year, it's a very pro. We're going to get a much more pro crypto SEC chair, which paves the way for a lot of those lawsuits being stopped. And I think a lot of things being a lot of things changing crypto relatively quickly of these people attempting to
change things. So it's still providing a a tailwind for a range of different things in in defy at the moment, But that is moving quicker than I thought it would. It it do things even before the regulation comes in. Do you know what I mean? Like people. Oh well, look, it is. It could be the three. Months you could beat it. Yeah, he he was mentioning yesterday, but I saw somebody else. No, me too. No, me too. I saw the Robin Hood news with you and the crypt covered it
quickly too. But it looks like this is from this morning. Interesting. We'll see again, Tim. That's very bullish for that, too. So yeah, I mean, it does feel as though it's going to be a way more lenient SEC chair. AI has got. But she's back on. AI has gone too good. Back back at like, I don't know if anyone remember when Trump Trump first mentioned Gary Gensler and he was like, wow, I didn't know people. He was so unpopular. It's true.
Like back when I used to trade the SEC, but the SEC actually were seen as good guys in the market. Like they would come in and and try and help out when things went really wrong. Yeah, I think it's, it's just slightly surprising how involved they've been in crypto and they just need to butt out a little bit and return to being like the good guys that stop an FDX rather than letting an FDX happen and then going after the good guys.
You know, it's a it's kind of a strange position that they've been in in this market. And I think they can return to being being like that, if I'm honest. But yeah, I would say general sentiment is risk on just seeing you're seeing altcoins start to outperform slightly. Bitcoin dominance is still continuing to come down a little bit, but it it still feels like the the number one vehicle for for for trad fires to get involved is that Bitcoin ETF.
So it's tough to imagine Bitcoin dominance going down that much with 1.4 billion of inflows into the Bitcoin ETF every single day. The. Market's fucking running right now. Mendo running. Yeah, running, running. Ethereum is just going berserk. Bitcoin's about 10, another all time high. I, I, I mean, I think it's going to keep on going. I do think, I do think we're in for a very, very bullish period here for crypto. Like I said, I think. Wow. Is until the inauguration. That's that.
That's kind of where I'm I'm thinking about. It how the news being the inauguration you think? Yeah, that's what I think. That's what I think it's for me, it's like a, it's a situation where I just see this so often encrypted, you know, like we get these very brief periods of, of RIP, particularly in altcoin, right? Altcoin seasons last for like sometimes not weeks or months. I do think we have, we can have a little bit of a season here
for the next how many weeks? We've got what, 8 weeks left ear. That's the thing. Then we've got 8 weeks. Trump goes in on the 15th of Jan. I will be reducing my risk in those first couple of weeks. As I said, which we called this phenomenally by the way, if we go back. This this is at this point, like if you want to have a great cycle fucking TuneIn for an hour a day and just chill.
Get long in September when Bitcoin was at 55 K and I'm telling you, I think I'm going to keep it until the end of the year and then I'll be reducing. I won't reduce as in like I'm getting out. I'll probably go back into JLP or like a slightly more defensive asset. I'll be doing that with you this time. Make sure you tell me because there is a pretty aggressive Solana unlock schedule coming up as well in Q1, right? Like a lot of people. Always ask me.
Why don't you ever talk about Solana unlock schedule? Here it is, let's talk about it. So what the fuck is this unlock schedule? Do you guys know? Yeah, it's a tent I. Think logging you have it it. Seems. I just saw Obi tweet something this morning about it that may have had some details. Putting my bags right now. Is that what Obi's doing with this time, Obi? 'S been fucking forever.
But I think it's, I think it's actually about 2%, but it's, it's, it's a large bit of it. Obviously Solana has inflation around 7% a years or 6% a year. So it has to be done in that context. But it's, you know, it's just not a good story. I don't think you're going to see big, big bags unlocked from FTX here. So no, no, this is actually, it's being unlocked to hedge funds. So it's been, remember, the hedge funds have bought it. So we will, yeah.
We'll see what happens though. That being said, around that time we could get FDX paying back people, you know? So where were we? What was the last update on that? Do you know? Maybe long you would know you you read about this stuff or. I had I had kept hearing Q4. I'm not sure I've seen a an official declaration. Yeah, that was a big let down. It was like something around the fact that some people like it was a whole, it was a lie they had to go to like.
Yeah, how these things work is like we'll go through a Chapter 11 process. They'll have to agree upon reorganization. There will have to be no challenges to that deal. Often there have to be very few holdouts as well from the creditor side. And there's often like a slightly extended period of of like challenges of which I don't know when the last one was, but like they're doing hearings on those right now. So they've approved it to be paid back.
And then you know that it's going to go through like 12 weeks of challenges. Again, even if one of those challenges is successful or credible, then it'll go through more weeks. And then it's the whole logistics of it all. You know, like the bankruptcy proceeding for Mount Cox was was done so long ago and the logistics of paying people back has taken three years, four years. It's like insane. They still haven't paid people back.
Like they started to pay people back and they stopped and they're trying to pay people back again. So yeah, I don't know when that's going to be. I would still expect that to be Q1Q2. But I, you know, I can save sorry, from my perspective as somebody, I had like a a trivial amount in FTX. So I've like had been getting the claims emails. Yeah, you get one like every like four months.
It feels like I haven't gotten one in a long time about, you know, the the next step in the in the process. So we'll see. OK, I guess we'll we'll see when this all happens, but looks like we're it looks like we're it's also due, right? People have been waiting for a while. So it's going to be an interesting man. This is this is just what I'll see what's happening across the board at the market.
At the same time, things are going to get very, very, very interesting boys for a long time, I think. What do you guys, how do you guys feel about the weekend ahead of us? Like is Solano going to going to finally breakthrough at cycle high man though, and like try to go gun for new all time highs? Are you muted? I have to say I like the weekends around a town like this. A lot of retail traders suddenly
are like. They. Go to work on a Friday and they're like, right, yeah, I'm going to do some investing on the weekend. Investing meaning what animal are they picking, right? Right, exactly. So I do think that this and I remember that from previous bull cycles often like the best periods are this like Friday night into weekends. You know, you know, you remember them for a man like.
By the way, I haven't. I've seen Sundays are fully wild, so I I do think that it could be a kind of crazy weekend where stuff just goes absolutely insane. You know, like we could see some huge Wicks and some of these popular meme coins. Huge Wicks. Alana. I do think that people will be investing pretty hard this weekend. I yeah, I the the last few the weekends the last couple years I've been like for taking winding down from the week of work, the weekends. That's so dull.
My last two weekends have not like my last weekends have. Like I'm actually like my my Uber ring. Like my worst sleep is on the weekends these past two weeks. But how? How remember that period for like weeks for like on the weekend there would be no volatility at all. Like Bitcoin would move in like 100 bucks rain. What happened? I'm not. This is the season where pay attention, there's going to be some huge runners in the meme coin space, like zero to 200 million.
Like stuff's going to people are are tuning in to gamble this weekend. It's. Going to be doing that every weekend for the next 8 weeks. I think we're going to have a little, little ball here. Yeah. I mean, it's just, it's just, it's just so it's going to be insane. I I can't wait for this weekend. I oh, look at what are you drinking out there, Logan? Yeah. There he is. There he is. I. I've I've fine-tuned the taste I've grown to really enjoy them. So I'm I'm chugging through my
my stash pretty quickly here. So I actually have the same thing and it's actually someone who drinks like I'm not trying to find their own product or something, but you drink it the first time. Like I don't know if I can drink the like tons of these and then you just end up just drinking tons of them. That's like. What's happening? Really get through them now and I'm like I don't know, I find them very refreshing whereas the first taste I thought like oh you know what, these are good
for one and now I'm just. I don't know. I I got you know what I'm like, You know when you have a is it ever happened? You have a new phone, new computer. You don't want to open it because it's just perfect. You don't want to like dirty it. Have you guys been OK? So I remember once I think 2021 I bought a new iPhone and didn't have time to swap over for the one month it was in the box in my desk.
So the red guy, I have 5 cases that I brought here a lot 2 weeks ago to show you guys and I started to open them. I don't want to open my cans. You start drinking them, trust me man, like. I don't want. And you'll be like, Oh yeah, that was nice. And then you'll be at night, you'll be, you'll be, you'll be degenning. And you'll be like, you know what? I could really I'll. Just wait for our house because by Art Basel I'll be back to
I'll get my first drink. I'm 4041 days today, but I'll just do tequila wrecked at our house. I mean, always sending us 5000 cans. So, yeah, I was like, oh, V, you want to partner with us? Sure. How many cans you need? A lot. Is 5000 good? Yeah. So, so. So I'm just going to wait. I, I don't want to. OK, fine. I have. Oh, no, it's not true. You guys sent me six of them. I have one in the fridge. So I'll, I'll, I'll, I'll, I'll
drink fresh. Cool. A fresh little fresh little wrecked drink instead of a instead of a beer or a drink this weekend. But they actually do go if you're over 18 here and over 21. Of course, I don't want to promote drinking on the show, but you know, a little tequila in this wreck is that it goes a long way. Someone asked you Mendo. First of all, someone's saying that we need to host this show seven days a week now, because you know, it's the it's that time of day. Not a lie.
I may come on stream this weekend. Streaming with Wiz the other day was so fun and by the way, Mando we called that was that stream was crazy. It was called calls. I came on at 4:00 AM my time, called Mudang and Zerobro and then left and. Let's talk about AI because you guys, yeah, some AI because you guys are both the AI Bros. Like this is like your shit. So let's talk about Mudang first and let's move into Zerobro and the AI coins. I mean your Mudang.
I mean, what's what? So you talked about Mudang early, but talk about your setup, right? So you talk about Mudang here on the show you, you call Mudang because you were saying that's doing $2 billion a day of perp volume on finance and it was sitting at like 100 something mil, 150 mil. It was kind of stuck there for a minute like this period and that's when you came and talked about it. How do you feel about Moodang here, now that it's actually broken out?
I really like it. I'm not, I'm not. So here's here's here was my bull cases for it. And again, the side look at all trades is just the risk reward. Of course. Trading at when I started being really going to you guys. Hey, you should look at this. You look at this, it was at when it was 150 and it was doing a billion plus of perp volume everyday. And I said look, I haven't seen that for a low cap coin since Pepe. Pepe or with with did it for a
very brief period. We've got remember perp listing quite early and then went through a bear market. So like it was still doing really high volume at a low market cap during the bear when it was like people forget Pepe went below 100 million. Do you remember that when the dev sold and? Oh my, how was my 911? Yeah, like we had. Brexit that. Bring up the Pepe chart like people just.
You mean OV you guys each I had a trillion tokens and I had 250 billion tokens that time So together we had like 2.52 point 5 billion trillion. What? Sorry, my math I I. Trillion billion. Trillion billions. We had so much Pepe. Holy shit it is. Yeah, like zoom in. This was it. This was it. Right. Do are you, is this a market catcher or a yeah new market cap on the C2? No, no, get get rid of that. See price there. Up, up, up, up, up. Yeah, right there we go.
And now zoom out. It was here. No, it was here. It was here. It was here. It was here. Go back dude. No, it's not. No, it's this one. It was in April. That's in 2 billion. I'm talking about when it went up below 100 million, dude. Sorry. So here it was here when we got it was here. And then we had the longest. It was this. It was this, Yeah. So it went below, no, I didn't go below 100 minute. It went below 200 million maybe, I thought it. Was no Was this I can't.
That was that was like the the gig and move higher, but it was. No, it's this one. This was a dump. This was a dev dump. No, dev dump was way later. It was way later. OK, then it was. It was around there. Was it this? No, no, no. Let's look at Do you not remember this period? I remember the period, I just. Can't. The lows of that chart is when the IT was. Here, it was here because we just sold. Yes, bro. And then people bled out, bled out, bled out, bled out.
They try to save it around here. Bled, bled, bled, bled. Waited. Dennett Pump. I think that there was more being sold. I just remember. But anyway, around that time, I remember it's still doing crazy volumes and perps, like it was still doing 3 to 5X's market cap and perps. And I remember this thing, this thing cannot die. Like there's no way this thing dies. And I looked at mood and I was like, if it's at training at 150 and it's doing that much perp volume, that's so bullish.
But and then I think the other bull case is I am look at. This it's Bitcoin, Ethsole, Doge, Nero Pepe Mudang. That doesn't even cap like $2.4 billion of. Portfolios. Anyway, the what what the other bullish case for me here is I actually think these sort of mean not an anti Murad view, but I actually think these can two pretty giga volumes and actually reach even higher market gaps than some of Murad's memes. And I'm slightly controversial
here. Well, not controversial, but I think Murad memes are slight are starting to underperform slightly. And I think the part of the reason for that is they've already like done that cult gap higher, but also they're now just on that list and they kind of get in each other's way. I've said this before, like when one when one nukes, everyone's worried about the others. And that's happened a couple of times recently.
And I think that the ones weirdly the biggest runners that we've seen are the ones not on his list. Like it's it's like it's Moodang, it's GOAT. Most recently, it's fog, it's Sigma. You know these are these aren't on his list and. Yeah, I mean, he can't have like a billion tokens or something. He's been making other lists. Well, he's been making other lists talking about these volumes, and he's been including
Mudang Fog and stuff like that. Yeah, so for me, I just looked at I look, that's where my biggest bags are now. They're actually not mere ad memes. Interesting, because I think that they have they can be viewed independently. I mean, you know, and I like, I like Mudang because it's a, I think it's, I think it can actually run like I just, it's insane how much engagement this thing gets. How many videos follow? It. The video of Mudang running like
an actual clip. It's printed for like a couple seconds and. Everybody was cheering Mudang. He's so cute. Like even like even like my, like me and Vanessa, like my fiance, she just loves Mudang. Like people love Mudang. It's she's like, you know, like the girls love it, you know, and, and you never fade that. You know what? Last time Vanessa lost something it was Bitcoin puppets. It ended up 10X in that, so
that's. And that's the other that that was the kind of third piece here is if you are bullish on people coming in, like people coming in for the first time this weekend to buy coins again, having not Muden wins, that it's you, you actually want to buy Doge or you want to buy, you want to buy the the memes that people are. Oh yeah, I'll buy that. That's the that's the funny meme coin. And I don't know if they're buying Murad memes.
I think, I think that's kind of like a bit say like very like deep cryptoculture sort of memes. Moodang's just like, yeah, I'll buy the Moodang for him. Look. She is look, she's good look. She goes. I just want to cuddle her She's so cute. I don't even have Moodang. I just love it. I messaged Razor this morning and I was like Razor, I'm going to need robit perps on Moodang. I, I swear to God, I sent you a screenshot because I, I don't ask me why I trade my perps for a little bit.
Not only are they partners of ours, I just really like these guys, but also like it's easy for me to, I don't understand the whole I'm a pro trader. So I don't understand what Mendel does with the funding and this like I don't get it. Like you know how you guys trade perps like you have an account with money, but then you can you remember when you and I got liquidated together? I didn't understand that we got leaked because Solana dumped but those didn't hit our PT Yeah.
Cross like cross liquidation. Yes, we got cross liquidated because of Solana, not even our doge long, but we lost our doge money because of that shit. So after that I just want to keep it simple. So I messaged Razer and I was like Razer, I need you to add perps on Moody. So I really need it. Maybe not now if you waste a little bit, let it dump. But yeah, I like the thesis man, though I like the thesis. Another one and this one I'm going to go to you quickly. Sorry Logan.
Are you in zero bro? And have you been following that AI coin? Cause Mando came in, dropped the call. I'm pretty sure he aped it. And again, the rich get richer. But Logan, how's the AI made that going? Yeah. So I'm not in zero bro anymore. I made a small trade early on kind of just because I have been seeing it on my timeline and I didn't do the due diligence required.
And I think at this point in time of where we're at with the AI stuff, if you're not looking to make those really, really quick trades, you need to do the due diligence properly to find the right, you know, types of coins. I think Mandos talked about that earlier this week in regards to AI stuff. I still have not done a super deep dive on zero bro, but there is, you know, a pretty legitimate backing here in the sense that this is not just, you know, your copy paste AI chat bot type thing.
You know, there there's actual innovation. There's a huge white paper from I think Jeffy you about memes and and zero bro and and all that stuff. Like 11 pages of white paper that I have not read. It's up on my desktop. It has been for the last day or so and I just haven't read it. But I mean like this one has been legitimized at this point in time as something beyond. Hold on, hold on. I want a dog. Name it Ziri Pooch. Probably already on pump. That's what I'm saying. It's a man old.
Yeah. Yeah, Yeah, it's, I mean, all I have to say, like I, I, I'm not the, the, the guy that's going to be able to break this down for you, zero bro stuff in great detail. But what it has done is differentiated itself from that brief period of time where there were like 100 AI betas, right? All these different agents, all these different platforms, it's differentiated itself, it's legitimized itself. And of course you're seeing that
in in the price action. You've seen that with far coin. You know, I think far coins up like another bajillion percent in the last couple days as well. And go of course, the resurgence, I mean, AI stuff is still very much alive. People have filtered out some of that nonsense and water that, you know, just was surrounding the initial surge of coin launches in the first, you know, whatever week, second week of go, whatever that was. Yeah, it's it's it definitely it
definitely. Sorry guys, I'm like on deck screen or looking for that 0 push thing. I don't know it fuck it. Just it bonded. It's over for us. It just bonded. Yeah, there's like a ton of them on. I'm look, I've been using. I've just been watching via a pro or like meme scope or stuff recently.
There's a ton already on there. The hard part now, and this goes for the animal coins too, is finding the winning one because there's like 13 of them that launch right all within the same like minute of each other identifying the winning one. That's, you know, probably a lot of luck, some skill in in identifying whatever bundles, whatever snipers, but. Oh, But yeah, it's it's just nuts.
Did you guys see that up only token last night where like they made a token, then they sent like almost all of it to Kobe and then Kobe burnt it all and then it went to 20 million in the in 2 minutes. That was that was definitely something. So I saw that one, which was, which was nuts. All right, well, there's that. What else is going on the AI side? Like Nope. Is there anything else besides zero bro and and goat? I mean goat.
Altcoin go and zero bro as in like the main ones you saw AI16Z have a bit of a run basically the the coins, the ones with active developers who are like trial new stuff with the coin. Some of them are like more related to the coin, like AI16Z, which is like a like a Dow, but the others are just like the bot
that the coin is referencing. I think on the scale of like autonomy, I would say the zero bro is slightly more you can actually go on. You can see all the stuff it creates easier than than than the truth terminal with Andy. You can actually, you can join the telegram and and like twitch speak to it at all times and and then it makes its own art and stuff like that. Like it's, it's just and this researcher just seems like he's he's on it.
He's going to be doing a ton of different things with it. So. I think people are getting bullish on the idea that it could be a very interesting, like, again, experiment with this sort of stuff. Yeah, there's actually an an experiment section in that white paper as I was kind of scrolling through it here. Yeah, you have the infinite backrooms on zero bro, social media interactions, autonomous art generation, art minting and
sale autonomy. Like there's a lot of stuff that if has not already happened, it seems wants to try and produce in some way or other, which is really cool On the AI16Z point. And I, I Full disclosure, I have no, no position in that. There was a, a big update, I mentioned it on the, our first episode of underexposed earlier this week, but a big update from Shaw and the developers there earlier this week about, you know, they did the first autonomous swap and test net.
They're looking to try and do that on, you know, mainnet and via the Dow swaps soon. It could be this week, like unlikely at this point in time, but probably next week. That's something I still want to be paying attention to for the very reasons Mando's talking about Zero bro, which is developer trying to push the envelope here. It's a really difficult one because there's so many assets attached. Like it's not just the AI16Z token, you got the Dow stuff, D Gen.
AI, those types of things. But it's one that I want to continue to pay attention to because they are trying to do things. It's not just the chat bot type thing. Yeah, exactly. Yeah, this is this is going to be an exciting weekend, boys. This is going to be an exciting weekend. I like it. I like it Weekend for. I'm going to be aping stuff with size. I'm actually just buying coins right now as we're talking. Sorry. I guess I got really sidetracked by this one. You talked about this day.
I, I, I, I'm, I'm going to be, I actually sold last night before going to bed. A lot of my means were like hitting new highs. So I actually, I cut some of them into Solana. Solana went up. So that's up like significantly as well. And then I'm just looking for the right entries. I'm I'm going to try and see if I can catch try and see if I can catch a Mudang dip, whatever that dip is, see if I can follow
you on that one. But I don't think I'm going to get much of it. Like maybe 270 range, 250 range. We'll see. Hopefully maybe someone decides to get out of their bag. So that's that. But no, nothing, just be just be following the usual stuff, you know, seeing what comes down. I mean my my peanut thing is so I was talking about didn't work out, but as soon as I saw it wasn't working, I just cut that because that doge one seems to have taken all the attention from it.
The department of like that one just took everything away from peanut at this stage. So I was like, OK, fuck it. So I cut that and I actually have no exposure to to the AI stuff. I wish I did. You wish you got the 0 pooch token. I'm seeing one. I'm guessing that they sent supplied a zero bro because I'm seeing the top ten holds 75%. It's already run to 850K. Fuck, did I buy the wrong one? I mean there are there are multiples that bonded. I'm just looking on a pro again so I think.
One of them bonded fast like before it like king of the hill type bonding. Yeah, I mean, this one is already over 1,000,000. But like I said, there is there's a dev sale in here. It says top 10 holders 73%. There's no bubble maps on a pro. So I can't I can't see this
super well. But my guess is that that obnoxious amount given to the top 10 holders might be related to this current meta where they're sending, you know, all the OR a major supply to the person or the entity in which this is. So I did. That's my guess. That's my guess. So I did buy the wrong one. Well, I mean there are, there are multiples that bonded. So you you may if you got in early enough, you may be OK regardless. But I. Didn't catch any bondings.
This is what my weekend's going to look like man, though. One thing I would say though, is, and this is what I said to you even yesterday, like don't just don't fuck it up, all right? Definitely don't decide you're going to put all your portfolio into one of these. Like Solana could go to 250 by the end of this year very, very easily or higher. Bitcoin could go to 100K very easily. You don't really need to fuck it up or get caught up in a coin. Be patient you'll you'll get the
right one. Don't fuck this up. Yeah. I'm in three different 0 pooches now. Right, if that sounds. It goes, it does. It goes so fast when you're buying these things in the trenches. Surely one of them was going to hit right? Like I I bought 3 different ones and surely one of them hits you know like I'm just like.