Vitalik calls out Saylor, Stocks have Worst day in Weeks, GOAT hits $870M - podcast episode cover

Vitalik calls out Saylor, Stocks have Worst day in Weeks, GOAT hits $870M

Oct 24, 202434 minSeason 4Ep. 226
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Episode description

BTC ETFs: +$192m, ETH ETFs: +$1m. SOLETH continues to hit new highs, ETH weak. Vitalik calls Saylor’s custody view ‘batshit insane’. BTC to $200k by 2025: Bernstein. BTC options point to jump to $80k post-election. Ripple misses deadline in SEC case. Denmark plans 42% tax on unrealised crypto gains. Ripple CEO debanked by Citigroup.

Transcript

Yo. What up? What up? Good morning. Good morning, GMG. Oh, special day today. Oh, oh. Thursday turn around. Thursday, October 24th, 2020. Look at that. Another beautiful day to have a beautiful day. Look at it. It's like 10/24/24. Look at that. We're bound to pump today. Hell yeah, I got my car. Host in the house, Tyler Mando. Good morning. How you guys doing today? Fantastic man, I'm back. You're back at the desk and you're back with having proper, a proper microphone.

I am like, I mean, Sims must be like crying inside right now. I know. I'm you for it. Yeah. I see him in the studio. Sims is like crying inside of him. And I was like, fuck yeah. Fuck yeah. Mando sounds good again. Let's go. Tyler, how you doing today? I'm fantastic. It's a, it's AGM, it's a green morning out there today, folks. I woke up to $800 million gold in the finance list. So so how can how can I about that? I thought you said you woke up to $800 million.

I'm like that. We got a new. I was like, can you spare me alone with change Anyways, the other show today today. What a tight schedule here because your your boys got to go got to go get his fucking wrist checked at the hospital at at 11:00 AM. So what we'll go through this, we'll go through through the market report as usual. Talk about the market. You know, green morning indeed looking good.

Love big corn off Solana. I mean Ethereum is leading down, but it's OK. And then Tyler's top 1000 because I'm sure Todd's got a bunch to talk about. The AI coins are popping like you just mentioned with goat ARB update quickly. We'll let you guys know what's the latest on Arbitrum. Then a robot spin real quick. I, it's crazy. I, I just stacked it up again with a bunch of aeons and stuff like that. The stuff that you guys want to win clearly.

And then last but not least, this show is powered by galaxies to see if I know it by heart. What's seamless? God damn it, I don't with seamless built in UPS in my monetization tools. Galaxies enables the development of sustainable long term communities, fulfilling Bitcoin's vision of the centralized freedom and independence from centralized control. Oh my God, this is like fitting for every rule.

If it's fitting when the Satoshi thing came out, it's fitting with the AI stuff I absolutely love to see. But anyways, anyways, anyways, Mendo Mendo, mendo, mendo, Mendo. Talk to us about this turn around Thursday and these green candles, baby. Can you dig it? GM everyone. So looks like we're we're going higher again.

We had a bit of a weak period of macro like we were speaking about with the high dollar for a few days and that seems to be in the rearview mirror in terms of like the markets digested it and and Bitcoin again is, is seen as one of the best assets to own. We've gone back up towards 68 K Solana is outperforming here. I think obviously not to flog a dead horse, but Ether's, ether's really had a bad few days there. Again, the Solis chart just

keeps breaking out to new highs. That is just a crazy looking chart when you look at it the way it's been particularly of the recent recent period. I think large bit of that is people pricing in these, you know the future potentially of AI agents a little bit more and that Solana is just a cheaper and easier chain for them to run on. I think that's similarly why Siri has also been performing relatively well, at least bouncing back. But yeah, just bullishness around that.

I think there was an update I see from from the Claude model, I think yesterday, the one by Anthropic where basically can take over your PC now. So it can like take over your mouse, your cursor and do things. So there was a coin create actually last night, this Ant coin, which was made by an AI that did that. Yeah. So like you can just take over your PC now. So we're just seeing that space. It's like people just this new stuff every day.

I think we'll see. We'll see tons of this and I think yeah, people just getting bullish on Solana has been the place where a lot of that activity will happen mainly just go happen there, but it can happen on ET al twos I think as well relatively easily, but I think people just getting. Bullish on the team. I'm not too happy about it not happening on bass actually. Right.

So similarly, like you, it could, it could happen on bass, but but I don't know in terms of the programming language, right. Like Salon's written in brass, which is which is like a programming language which is more ubiquitous, although not it's not like ideal for programmers, whereas Solidity is is kind of just for ease, although it relates to certain other languages. So and that's why people got bullied bullish on like Siri, for example, just because of the

built using object reference. Anyway, yeah, like I think people are getting bullish on that again. And macros bounced back a little bit today. Trump's odds continue to go higher, or at least don't seem to be even lower. And yeah, look, I think we're going to head back towards, like I said, I think we're heading back towards, you know, around all time highs.

Yeah, We're definitely gunning for that today before the market opened and then the market opened, but we were pumping like right before that right before U.S. stocks opened and we were I think Bitcoin went to 68 nearly yeah, 68 K so on us quickly taps to 100 and 76177 dollars. So it's it's looking really

good, man. The question for you regarding Sol Ether. I mean, obviously that's the most shared chart on the timeline right now, which usually in the past has topped it, but this time it looks like we're kind of like in that price discovery mode for Sol Ether. I mean, what what do you make of that? Like is there a point where like this reverses or is this, this just going to be the story of this cycle like it's going to continue? I think Chris Burnski, is that

how you say? His last name was calling for .1 Burnski. He was calling for .1 Solis ratio early on, like I think early last year, if I'm not mistaken, from from the lows almost. And now we're looking at point O69. I don't know, like I genuinely don't know what I I think that. Sorry, it's funny. I was like, fuck, go on.

The way that it's scaled has meant that has meant that you need to have a lot more going on on the L twos for it to really bring value back to the L1. Like there is a tiny amount of it being burned by these L twos at the moment compared to the activity happening on them, which may happen. Like we could now see this like if you really get super bullish on the idea we're about to see millions of AI agents start to do stuff on crypto, then yeah, maybe you do need like tons of

different L twos. But it's really you really you're talking about like singularity style growth there in in this amount of stuff happening. And even then, like I think I think base will probably spin out as an L1 pretty soon. Kraken's going to be an L2. I'm sure they're probably considering the same sort of sort of thing as well. I think there's just lesser reliance on Eats. So as an ecosystem, I actually think can can continue to grow and probably TPL continue to

rise and all that sort of stuff. But Ether's, the asset has slightly moved away from that, whereas I think Solana is, is it's, it's still what people are spending, right? What were you spending last cycle? You were spending your ETH on on NFTS coins, right? This, this cycle, like everyone's spending the Solana on, on mean points. And that's just Solana is a currency at the moment, whereas ETH is this Corp between being golden and not. And like the burn, all that sort

of stuff. Solana's still a currency, and it has those burn aspects too, albeit inflation's also ridiculously high. But yeah, Solano's money this cycle for sure. Yeah, it's it's, I don't know, look, a few months ago I was told this bag is going to die with Tron and it looks like looks like the trenches are back above and that things are going pretty well on the Solano front. So we'll see how how high this can go. But it's definitely like he wants the gun for a for an all

time high here. And we'll see where the market takes us this weekend. Looks like we'll have a good weekend, boys. BlackRock is still bidding heavy. It was another $323 million day yesterday for for BlackRock here. Let me let me bring on D Jens here so we can look at the the flows for the Bitcoin ETF. It's it's actually pretty. It's actually impressive how much BlackRock has bought. What was it? It was a billion dollars in last week or something. B, they're BITB, right?

Yeah, I bet. Yeah, I'm trying to find. It's here, right? There you go, those are the totals. Yeah, the totals, it's just, it's a lot, right? It's a lot of green and it's in the hundreds of 1,000,000. So I absolutely love to say, All right, well, there's nothing much else to go on the market side. Tyler, Tyler, Tyler, let's see what you got for us because I'm sure the AI coins again are at the top of that story. NFT and crypto analysis Tyler team on FOMO our cause the kid can't.

Yeah, Mando took the top headline, but folks, it's it's soul ETH hitting another all time high amidst ongoing ETH flood and then ETH Bitcoin hitting a three-year low. So rough week for ETH. Uniswap, they integrated native bridging alongside swap. That was a huge headline that I didn't see get enough attention. I think that's going to be a potential game gender for those still using Ethereum. In other headlines, maker found a room. Kristen said that he made a quote.

Typical D5 mistake in the rebrand the sky after the token has fallen 50% and costing them over $5,000,000. Coinbase has set its Q3 earnings call for October 30th at 5:30 PM Eastern. Watch out for that one. Some 2 pieces of breaking news this morning. Kraken plans to launch its own blockchain similar to base. It's going to be called Inc and it will be on the optimism super chain. Then also breaking micro strategy, Michael Saylor's micro strategy hitting another all

time high. It's up 45% this month, while Bitcoin is up just 6%. So wild out performance for that stock. In protocol news abstract introduced its builder and residence program aiming to bring together top builders across crypto and give them the resources they need to succeed. We saw shape announced Shapecraft as a four week hackathon for builders and creators that starts November 18th.

And then Variational raised 10 million bucks in the seed round for Arbitron based P2P crypto derivatives trading and memes and NF TS Goat, folks. Goat is the top headline. It's sort of 880 million on a Binance perps listing announcement is now the first pump fund coin to hold Binance. I think it's chilling around 800 million right now. AI coins are mixed on the back of that sum like memes, AI and act are are up big. Excuse me, while others are down

around 50%. We saw Ant the the coin tied to Anthropic in the first from Claude, the top mover of the day. I think it saw $70 million volume in one hour after it launched yesterday, 150 million on in less than a day Here it's holding at 7 million. Pop cat leads me Majors. It's up, I think 12% now knocking on $1.60. Fartcoin was another notable mover. I hate to say it, but it is it's it's high enough now that we have to talk about it.

It hit like 70 million this morning and then Gordon goner somewhat fun depending on what side of this you're on. He began an 8 chain meme coin buying spree yesterday. He shocked everyone by starting with this Pape coin. It was at 200 two 100,000 market caps, so it was a micro cap. It briefly soared past 5 million before giving back most of those gains. A couple quick NFT headlines ACACK after Centauri kid. He fetched a 209 ETH in his tempted in the garden edition sale.

Wow, 26.98 for the one-on-one time pudgy toys live in 2000 Walgreens across the United States. Shout out to Luca and team and then someone under the radar for folks who aren't in the Bitcoin streets. KC Roedemore has esched a new room Memento Mori with speculation that 50% of the pre mine will go to his podcast Patreon supporters. So that is going to be 1 to watch as well. Jesus Christ, Tyler, he took one. He took the top 1000 literally.

It's kind of a lot today, yeah. I thought it was a lighter update but. That was no light update. I love that and this is good. Let's talk about goat first, right? Like I feel like this is the big news, right? Look at this chart talk. Look. At the chart. I mean, look, look at it. I. Think this is the all time chart. Let's put on the four hours, but this is the all time 4 hour chart. Obviously I had a slight dip after the Binance time swim. It's always like that, right?

But still like Binance perps first pump on getting Binance voice. I mean what now? What happens now to terminal of truth? I, I think terminal of truth is going to continue to grow exponentially. I, I don't think the goat top is in on this listing. I think it, it can go higher from here and that there's still a difference right between the Binance perps listings and then like the true spot listing of the token. So we still have that on the

horizon. I mean, you, you can't sweat any dips just because of like this, this meteoric rise. This thing's only had one pullback. It it pulled back from the 19th to the 21st. It was a 2 day, 60% pullback. And and that's really been it in the entire two week history. And granted it's only two weeks old. I don't know, I think this thing has cemented itself as the, the, the top AI coin. It's higher than turbo. Crazy 135,000 followers. Did we follow that thing with like 1000 followers?

I think Sadie brought it back. He's like. God quit reminding me. Dude, July, I think we're talking about terminal truth on the show. That's so crazy. It's it's actually, it's actually really, really wild. I mean Mando, how high is this thing going sacred? I mean, who's not? This thing tweets them on the Hinge page bro. Whenever there's a features listed added right, these coins

get way volatile. So I actually think if you think you've missed it, you will get good chances to buy this on dips just because of the way that features listings go, right? That being said, like, I do think that this this is the right time, right place for this. Like now we're seeing this explosion of of maybe just like a product market fit. Like we all sit here and talk about the idea that, you know, onboarding is the toughest thing

in crypto. And you know, like it's so difficult to get imagine an interface where you have some form of a bot where you can just tell it to do something like, Hey, could you send these payments to these people? You know, can you can you yeah, can you trade for me on these coins? I want to, I don't want to take too much risk, but like I want to try and make 15% a year trading majors. Like can you build a volatility

bar on the back of that? Like imagine a simple interface, which is more like what you have with ChatGPT, but but can relate to crypto, right? And doing economic things. I feel as though that's the world what they were heading for and I think that's the world that we could be in in like a year now, just with the like, you've seen these huge upgrades, right? So you have the chat GPGPT reasoning model and now you've seen better reasoning model.

If you, if you notice the, the so the truth terminal it, it is trained by Claude as well, right? So they, they think that one's like, maybe it's the best imagination, let's say, and you've seen this upgrade now that basically you can take over your P, your PC. Now we're all not from that world, but you're going to start to see people come in here and build cool stuff like that. They were already building really cool stuff which wasn't

financial related. Now they feel like they can come in and build stuff that is financial related. And I think they can, they can start to really do a lot of stuff. And for me go kind of is just first for that now, like just the way that that that narrative can be. So I don't know, like in a year's time if like we're all in the same way that everyone is using like Trojan and and photon and and bullets right now.

If you're actually you're using like a different sort of a bot, but to do like anything you want to do. And suddenly there's this concept of the the first coin that that was kind of proposed by one of these. I think it can be I think it can be really high, even if the narrative isn't perfect. Like I've said that from the start, like he didn't make the coin right.

Somebody else made the coin It was in CTO D They then I think they bought it or they were given it, but I just think that's the first of these that can be quite a strong narrative now that can that can keep it going. But I also think this is super boast for crypto.

Yeah, like you. This is what I tweeted yesterday, which is just that this now if I'm an AI researcher and I've been like, you know, just fucking around working for one of these big magnificent 7 companies trying to trying to create better consumer tech, right? And suddenly now I see a way where fuck my people are doing cool economic stuff. I can get rich, right? I can get. If you're in the eye, pivot to crypto. Yeah, I think you're going to

see a ton of people coming. You're already seeing it, right? Like this is some of the most innovation I've seen in crypto in my in like honestly months. I think we're just going to start to see a ton of stuff come in here now, like an absolute metric ton of people now realizing that if a, if you compare like these LLMS, like the Internet and we always said, you know, cryptos, cryptos, Internet, but with money. Now they can have AI with money, they can do whatever, man.

Yeah, Well, Ivy, what do you what do you make of that, Tyler? Yeah, and we we've seen an explosion in the past one to two weeks like it is you can feel it like if you show up to the space every day like it. We are already in a different place than we were three weeks ago. Like the AI crypto intersection is here and alive. And I don't think there's any going back now for for the meme coins like it has that has this little cycle topped?

I don't know, like clearly it's like a manic phase right now. We're seeing coins do 100 million volume in a few hours. So from a trading perspective, if things are perhaps a little frothy, but the opportunities are are huge and where people are just scratching the surface. So I think we all predicted that it'd be Web 3 gaming is the story of 2024. And now it looks like the AII. Think Epic. We may have to pivot Mando I think.

Epic AI. What if you gave the control to to the epic account to an AI to cloud like a twit for you? I think loads of to be clear, like loads loads of so so obviously the truth terminal like makes means. Yeah, yeah, of course. Makes like some pretty bad ones. It makes I think these meme point, all these existing meme point accounts can just get like basically Can you imagine a giga bot right now? Like imagine one just just like posting giga memes is. That the same as truth.

Terminal right. So what they did with truth terminal is they took they took this Claude model and they basically broke up like jailbreaked it and like started feeding it. They they made it unhinged. They made it unhinged and people are going to start doing this with these LLMS. That's that's kind of how this started and they're going to start doing it with giga. They're going to start like imagine a mug bot, like imagine that posting mug memes like interacting with like this is.

I mean, I think the community is kind of doing a better job than it bought, but yeah, absolutely, yeah. From the content creation side of things, it's going. To yeah, but you know, like to, to Tyler's point also like you guys were right also. And and that's one point you made. Like I'd be wary of these coins also, because a lot of the ones are going to run narrative, a lot of them are not going to run and goats just going to keep

going higher, right? Like you saw like we talked about Flavia like yesterday, right? And now it's already down like 70% or more, right? And that's not, I'm just naming one because that's the first one that came to mind. But then you have something like fart coin that Tyler's been looking at or Ant or whatever that's been that's been going, that's been going crazy. Tyler intrudive of the news that you shared yesterday.

And you're right, I know like because of AIA, lot of stuff is kind of like being pushed on the carpet. But I thought the unit swap, it was like when I saw you tweet about it, that was really big because like bridging is always like even for the crypto natives. I always get a message like, oh, where do I bridge that or what I bridge to this or how do I like that's a pretty big deal to make crypto easier, no? We have it folks, Uniswap has introduced their long-awaited feature and that is

permissionless bridging. Now it is easier to move your assets across multiple block chains. So it looks like at launch there's going to be 9 networks, Ethereum based Arbitron, Polygon, OP Mainnet, Zora Blast World Chain and ZK Sync involved only native assets for starters. So ETH on Ethereum are on Arbitrum and stable coins, but

they are looking to expand that. They're saying the bridging process will settle in seconds rather than minutes and this is a significant step towards their vision of seamless cross chain swaps. I mean this is a big one for me. I got I use symbiosis and some of the other bridges and it's just a hassle right to try to move your money across chain all of. Them.

And now, like we, we've talked about the like this world in the future where it won't, you won't even really know what, what chain you're on. That all happened behind the scenes. And you'll just be able to trade whatever assets you want like this. This is the step that is getting us closer to that so soon, like

you will be able to trade. I'm trying to think of a, a token on one of these, but like, if you want to switch your magic on Arbitron to mog on, on ETH to just be able to, to pull both of those tokens up and, and do the swap and not worry about a bridge that has to take place behind the scenes. We're not quite there yet, but we're we're getting closer to that and I think that'll be a a very nice improvement. Yeah, it's the I think it's such a it's a good thing.

It reminds me of this dusting that you have Mendo. It's like hey, like move your all your dust to this like it's like it's almost like a dust converter, but like within you to swap. It's like, oh hey, make it easier to bridge, right. It's like similar and I I'm surprised it took so long, but it's here. So it's good and it's here on time, right, because because the bulls starting to roar and other very bullish news for the space. I mean your PFP Tyler, take it on.

I mean this again, Luca, just, you know, crushing it. I joked about this. There's going to be a lot of dads buying last minute Christmas pudgy toys. Walgreens is the place you show up on Christmas Eve at 6:00 PM because it's the only place still open. And now they're going. To have as Christmas PJS, by the way. Yes, this is pretty much the news that is that they're live in 2000 stores across the US. This is their third major partnership here behind Walmart at Target. Now Walgreens.

The pudgy proliferation is is happening. And don't don't forget winter is coming. Winter is coming, pudgy pud, right Mandel? Soon it'll be you guys with the recordings when rec drinks at Walmart, Walgreens, Boots, your local bodega. You know, I kind of want to walk to my local bodega and see a rectory, you know, pick it up the shell, mix it up with a little tequila. You know, it'll it'll be nice. Actually, surely my package arrived. I don't know. I can't.

Where's my rec drinks at? Let's. Check the mail. Check the mail more than once a month. I don't I I would, but like where I have everybody send my mail is like nowhere close to my house like I have Oh, there's Sims. Look at this. There it is. He's got his I think. I I know I've got mine because I sent OV my ID like a a bit ago, but I, I don't I I, I don't

know. I I send my mail like 20 minutes away from here, so I always get my shit way later, but for obvious reasons, not trying to have some randos pull up to my apartment anyways. Anyways, quick, quick recap, quick touch on on runes here, Tyler, because there's a momentum Mori that you talked about about, you know, of course, like a you Sims, Bernie, Ben been all over this. So what? What's the latest with Casey? Yeah, so a few days ago the news came out that KC wrote more.

He is the founder of Ordinals and Runes that he had to play deployed a new meme runes token. It's called Memento Mori. It had a pre mind 50% of the supply. So I think there was questions about what he would be doing with that, that the rumor, the speculation was that he was driving folks to his podcast Patriot and they set up a form where you could submit and ordinals or runes wallet. So I think that that gave a little bit more credit to that speculation. I think sign ups like doubled in

the last days. So folks are are clearly catching on to this. The thought is that those who are patients supporters will be on the the list to potentially get this air dropped. And this is a big one, right? There hasn't been very many marquee runes launches since deployment. Like, you know, we've seen a couple in the last few weeks what what Gizmo and Puka have done. But those are, I would say like an order of magnitude below, like Casey wrote, more launching

a token. So folks would be racing to buy this one. You have to think it would perform well. And apparently there's a a way to potentially get on the the list for this. And we again, this is all speculation, but this is the biggest story in ruins right now. And I actually wonder if some of the sell off is at least partially tied to folks trying to free up funds. Yeah, what the hell wasn't pups 200 mil not sub 100?

Yeah, it turns out after PUPS ran 600% in a month, that may have been the time to take a little off. But everything's down 25% this week. And yeah, PUPS is down 50% off the top. We did it again, Tyler. I hope not. I hope not. I know you accidentally sold your bag. I I'm happy with with my my cell because I of course enabled me to get in on some of the new things. I should accidentally start selling bags too. You know what I'm going to.

I'm going to accidentally start dumping shit because you sold accidentally here I think. So I think you should look the runes. I wouldn't want to be in just one rune Stoker. I don't know. I feel like you need to play the field a little bit like I I not not spreading yourself too thin. Pups could be the winner, but I don't know, there's some other attractive ones out there.

No, there is. It's just like, if I'm going to be spread across multiple coins, I'd rather do it on Solano just because it's easier, you know, so. Magic Keen does the room to room swap. That's going to be a game changer. It's not here yet, but when that's here, I think we'll see. Yeah, 'cause now it's still like you have to list them, then they get sold and it takes 15 minutes to hit your wallet. Then it's like like it's like it's a longer process.

We're still not there, but it'll, it'll come. It's not speculation my way. It is true he apparently he literally said in his latest video yeah confirmed Thank you ebrink that it it will be for his patrons. So love to see that so ruins are ruins are heating up and even in terms of like ordinals look like they had a slight dip, but

there's totally strong. I mean you know puppets are .14 Bitcoin similar to nodes quantum casts above .2 ordinal maxibis .17, yet there was Bayes angels see a big pump. You know that that whole that was sector saw somewhat of a pump. Speaking of Solana, quickly rafflebot dot XYZ, Rafflebot dot XYZ, the code to the is Solana. So if you want to win, you know, if you want to win at least $1500 up to 80 grand, make sure you sign up every day.

We give money away on the show Rafflebot dot XYZ and the code is Solana. SOLANA, did I miss anything before we get into our Arbitrum roundup? I think we kind of touched on almost everything, right? I think so. Yeah, all right. Perfect, perfect, perfect. I'm sure we'll be able to go into more detail on some of the stuff tomorrow. Yeah, we're good. Aside from Gordon gone or breaking. Sorry, that's the last thing. It was Gordon ripping the bandit off.

Is that what we're doing now? We're are we all gonna are we, is it free game now? Can I show like 100K micro caps? I ripped all my bandits. Off it's like I was kind of confused about so how how low was some of the caps that he was showing? I mean it was sub 1,000,000 I think right? But. I think Pape Pape was 200 K when he when he shielded it, yeah. That's what I thought it was 200 K, but it is on ape chain and he's got to promote his shit. So I don't hate the player.

You know I I you know I think he he's doing what he's what he's got to do, so he's bought Pape Curtisif bored FAFO. How's what's the latest by the way, on ape chain Tyler, Never mind I. Don't want to ruin anyone's day. OK, OK, well check. Back. Let's check back in in a little while. Let's check. I mean, it's so early though. Like, it's not even though I just go back from Portugal, you know, like the news was like Saturday. So it's like it's like four days old, right?

I think the reality is that they had like a blow off week and they probably beat expectations. Now it's a little bit down to earth and now they need to have more apps and things launched. So we gotta give some time. There you go. There you go. We're going to give you some time and it's going to happen. Speaking of Ape Chain, let's say we went to Arbitrum, Tyler or ARB Update. We've been meeting to us since Monday, but I think it's a good time now. Tell me what's happening on ARB.

I mean, for starters, Ape Chain was the the, the huge news. So a couple pieces that are interesting. So if folks don't know, Ape Chain is powered by Arbitrum and the Orbit technology that the broad support across NMT communities was really cool to see. So I think, you know, sometimes there there's the stigma that kind of apes around their own or perhaps they're disliked. But like we saw Zagabond and the Uzuki community come out. I think the Pudgy community was was very supportive as well.

So I think a lot of different communities were rooting this one on. I think you could love to see that. They saw $50 million in volume in the first day, over $40 million in bridges. I'd have to follow up to to get more recent numbers, but some, some big numbers, some big action over there on 8 chain. Of course we got top trader. I think top trader is going somewhat viral in in the crypto Twitter space. It's a really cool tool. It's really cool. Have you tried? It's really fun.

I haven't, I'm too busy losing money playing Solano. Like this is a really great the the branding of it is great. Yeah, the top trader thing, man. Like it's basically it's 20 hour competitions at a time or it's sometimes it's two hours like they did 1 during ape fest, 20 minutes long, right? Like you could play at ape Fest and it's just a really fun tool where it's like fake play money and you can win a coin and for going leverage and but it's minimum like 1000 X type thing,

right? Like this guy turned like something into the 50 billion like fake but but it's like it's it's a lot of fun, right. So it's working. Yeah, you, you can buy in cheap. It's like 10-8 buy in. So what that's like it was 15 bucks. Now it's 11 bucks or whatever and you can win 20 KET, right. So like, I mean, I, I was thinking like, why do you play this for just trading coins? But, like, folks play daily fantasy sports on the weekends, right?

You were playing fantasy talk. Yeah, it's similar and and it's relatively short, so it's a fun game. Again, powered by Arbitrom a few other arbitrary headlines. So they had their own memecoin launchpad. It's that GUGU under score trade is the the Twitter handle they've announced more rewards. So every transaction on Gu, you get Gu points the more you ape, the more points you get. So there are abundant rewards over there on that protocol.

And then in Ray's news, we had, I, I shared the news earlier this morning that variational raised $10 million in the seed round for their Arbitrum based P2P crypto derivatives trading protocol. So pretty significant raise. Clearly, the the Arbitrum ecosystem is very alive and folks are continuing to build over there. Yeah, no, it's great. Look, it's they're crushing it. Their TVLI mean is doing great and and a lot of people are

launching. I mean, there's a lot of hot stuff going on. Arbitrum at the moment from the gaming narrative is anxious cooking, right, like Soby is non-stop making announcements on there and such. So you obviously love to see to see the shot to Arbitrum for being great partners of ours. I mean, our, our test net, you know, everything's been launched on Sepolia so far when it comes to Marriott and and it's doing really good. Everything's seamless, easy to use, etcetera.

Anyways, all right y'all, when we get to the giveaway and and then and then let's let's get it.

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