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CRYPTO COFFEE CANNABIS FOMOFM WILL $BTC HIT $150,000 THIS CYCLE?
Recorded: Sept. 26, 2025 Duration: 1:30:52Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the current market trends, emphasizing the importance of strategic investment and community support. Key topics included the potential for growth in Bitcoin and established altcoins, the challenges faced by meme coins, and the need for transparency and ethical practices in the evolving crypto landscape.
Full Transcription
you We just been smoking the ball We just been smoking the ball We just been smoking the ball
We just been smoking the ball
When did we buy both?
We just been smoking the ball
We don't got no time to roll
I'm always out on the road
She don't got time for a hole
Little bit of time that we have
We used to purchase a half
It don't be no time to smoke
I'm always throwing on clothes she always throwing a fit we don't got no time for no sex i just put milk in the bowl she don't be cooking at all she just put weed in the bowl she don't have time for
herself she putting points on the board yes you know she carry her on you know she carried the
child she wake up back right the dawn she done be cracking the smile so when she packing the ball
i grab her i tell her that
Grab her, I tell her, let me crack this line
So we out for a second
Break it down, she said
Let me lick this line
So we out for a second
Break it down, we
We deserve, we deserve
We deserve, we deserve
We deserve, we love, we love the small breaks. Thank you. We design, we design a small break.
We design, we design a small break.
I don't have time to finesse.
I put some ice in your neck, but I ain't holding you back.
I spend my time on the rock.
Simple ain't saving no hogs.
I don't have time to patrol.
Let me break these bills right down for a second
When it touchdowns, ooh, I got to let back the roof
I gotta break the new rules
She can't be taking no cops, man, she ain't wrong with the miles
Please don't get lost in the south, best to get lost in the south
She been like this from the door, told me my mom was a whore
I gave a prick to herself, I gave a prick for her sting
I'm trying to crown me a queen, you hear the change when they cling I You spit a smoke in the seats, you went and had our child You done abandoned the D's, you got me twisted at least
Let me crack your back, let me rub you all over
Take it down, ooh
Let me make this blonde, make you down on something
You deserve, you deserve
We deserve, we deserve
We deserve, we need that
We need that
A smile on your face
A smile on your face
That smile on your face
Makes it easy
To trust in those who know you know you It's what saga feel you, don't you know, don't you know, don't you know
It's what Saga feel like in the night time
Watch what you do when the lights shine
Drunk niggas tryna talk in a strip club
Shawty silhouette look like a dollar sign
Cock-totter, that's just how a nigga brought up
Blowing ones for your loony ass niggas
Straight bells for your 20 ass niggas
My niggas bigger than a bouncer
Roll up and a bitch still smell like a
bounce
Right quick, right quick, tight jeans on
So you feel my shit
Tell me something good baby
Tell me something good shout
I'm bringing to the hood baby
And I'm bringing back to the hood shout
This is what I feel like in the night time
I said I could study when it light shine Oh I Baby, ride me to the darkness of the night Light it up, burn it up, ride it up, ride it up
It's the market snippet of the way I Ladies and gentlemen Ladies and gentlemen Bota na boca
Bota na cara
Bota na cara
Bota na cara
Bota na cara
Bota na cara
Bota na cara
Is it from the back
Your love will dance
You're so down on your ears
I think you better love you, said she friends me with the light
I like burning something, burning everything, decent
You don't even want your money, can't make you with someone else
You need to take this to your life, I can't even be enough Oh Música I'm going to be here. am to everybody happy fabuloso friday baby it's the end of the week we've been grinding it's almost
the end of the month and we're here to talk about crypto nfts show support to all of the homies all
of the crypto juggernauts that show up here with doodle genics and fomo fm on a daily basis if you
haven't already retweet the room let us know what you're feeling bullish on.
I know the market right now is retracing.
And for me, it's payday.
It's Friday.
It's the perfect time to show some conviction
and add to what I believe in for the future of finance,
for the future of decentralization,
for the culture, for the people.
Let's say GMing the AM to our co-host doing the
most phoenix crypto what's going on phoenix good to have you up here fabuloso friday
good morning doodle good morning scott su, Vincent, Mike, Jessica, everyone here.
It's a fantastic Friday. You know, it's a little cloudy here in Brooklyn, but the sun's always shining here in the doodogenic space.
So thank you for bringing me up. Thank you for holding this space.
You know, it's always a great way to start my day and I always get good vibes.
I get educated, positive energy here. So just happy to be here.
And excited to hear what shenanigans you and Scott got into today.
That was just like official first day in Thailand.
What was going on?
Where's the footage?
Where's the stream?
We didn't film very much.
But let's say GM, GM to Scotty.
Scott, how are you doing?
Phoenix wants to know, how was your first day up here in Thailand?
Back to you, Scott.
Good.
I mean, just, yeah, just tired still a little bit, but managed to get through the day and
went down, saw a little bit of the city.
We did some, you know, grocery shopping and things for for have some stuff for the weekend took a swim um yeah just sort of a a chill day you know going over some
some crypto stuff as well and some plans and uh yeah smoking weed what else smoking more weed
and yeah and now smoking some more weed. And yeah, I'm now smoking some more weed.
Yeah, that's about it.
Let's go.
No, it was good.
It was good.
And I'm sure by tomorrow, you know, I'll be on a full normal schedule and go out and about and see a bit more.
But no, like we said, went by the beach and checked things out.
Doodle knows the whole place and took me around and got a good overview tour of everything of everything and yeah but we're also it's not just it's not like vacation you know we got a we got a bunch
of stuff we're trying to get accomplished at the same time content scheduling meetings getting
prepared for singapore and you know just trying to make some moves but uh it's great to be out here
and even more so not just being in thailand it's just great to see doodle i haven't seen him since shit since was it denver fuck was it yeah yeah so it's been it's been a it's been a
minute so i think that's the best thing is i always like you know meeting up in in person with
everyone and people that i know in the community or or hanging out with and my friends you know
they're friends and family and it's great to you know obviously meet new people
that i haven't but to get to see my friends that i don't get to see that often is you know better
than any destination in my opinion so appreciate you my brother hell yeah hell yeah baby scott's
rocking out here in thailand uh he's out here for four days we're gonna shoot some awesome content and really cover singapore token 2049
so phoenix i hopefully you live vicariously through us as well as as many of you guys
enjoying the content commenting but i see some of that rain slid into your pfp i see some of that
rain is tracking you down on the timeline pho You said it was a little cloudy weather in Brooklyn.
I see the frigging rain in your comment over here.
But you've got a nice, fancy umbrella.
You're looking bougie this morning.
And it's just Friday.
It's payday.
There's no better feeling than doing a little shopping on a Friday.
So I think we should buy some of this chart up.
I think we should buy some NFTs.
Just great projects and communities to support. Excuse me, I know Kid Barry is dropping an NFT
later on today. It's going to be awesome. But I'm enjoying the space so far. Retweet it. Let's get
more people joining the conversation. GM in the AM, Soli G family family how you rocking on a fabuloso friday brother
gmgm bro i'm chilling man just uh smashed a full day of work 15 clients today so
got up nice and early and uh i literally just came in the door bro so i'm just gonna make a
fat cup of coffee and roll an even fatter zoo
to smoke with him man markets are going down bro but you know just gotta throw some more green in
the grinder just watch that green you know until the charts go green again and then i open the
charts again hell yeah so tell him you need an advance so you can buy more bitcoin right now like i'm grinding
my face off right now in the trenches dude markets are retracing for a lot of people that
this is their first cycle a little fear a little panic is starting to set in
i can i can hear it in people's tone what they're. They're kind of getting a little cautious what they're
investing. And you just got to remember why you started investing. You got to scale out if you're
on any leverage or perpetual trading and just continue to think long term. This is a long term
wealth game. And people that are just trying to amass massive amounts of wealth quickly,
they generally get hurt trading, investing.
So, man, I'm seeing this just normal as a part of the landscape.
I hope we can stay above 108 as we close the month.
That would still mean, you know, we closed a little higher than we did last month,
even though we've been moving sideways.
But anything that you're favoring today,
anything that you're looking, any new tokens in the trenches worthy of mention
any new tokens worth in a mentioning let me have a look i've i put a few on my watch list for when
this question was gonna come um there's one that's around 1.3 now called cope i've been eyeing it for about i don't know 20 days
it's uh it went from 20 mil it's now at 1.4 but it looks like it's retracing but
to be honest bro with choppy markets like this i ain't investing in anything you know
like even the memes you see like big coins like fart coin went from a mill to let's have a look
what it's up coin went from a billion to now 550 million in like a week so literally half
the market cap nearly 500 billion 500 million sorry within a week bro you know so
500 million sorry within a week bro you know so i'm just staying away from the memes man
solana's on fire sale so i'd rather buy some more solana man suck up on that
holy shit soli i need you to check the fafo token elon musk tweeted about it me and scott
got into it the community made some money on FAFO earlier fuck
around and find out earlier this year King of Hearts Phoenix Scotty myself yes
a bunch of pages presenting in six hours Scott it's seven months old and 30 days
nearly eight months so eight months ago when that launched and Trump posted on
on truth social fuck around and find out and this is when Argentina what Eight months ago, when that launched and Trump posted on Truth Social,
fuck around and find out.
And this is when Argentina was... Was that the president?
El Salvador.
El Salvador or Argentina was doing something.
And he said, fuck around and find out.
And it was a huge token in Iran.
And now Elon Musk tweeted about it.
Again, FAFO.
Just now, five hours ago.
And it doubled.
Yeah, it doubled. What's the yeah it doubled what's the market cap
slowly the market cap is 800k so it went from it was nothing it was nothing and then it doubled
yeah it was at 380 and now it's at 820 but it went to 9 999 nearly a mil. It's already dipped a bit. What was the highest again?
Bro, the highest it went to, like at the start when it launched, bro, it went to 90 mil.
90 mil, that's where we were at.
We were over 100 mil, bro.
But you can see the difference in the markets.
If you look at that chart, compared to the charts from now, if charts from now if it if the chart looks like
that it will max hit a mil or two you know and then it'll go back down fucking 90 million
that's in two candles on the daily chart
hey soli on that cope coin is it it's been cto'd right
yeah but i was i was in it at the start i was in it like 300k and i sold a bill
yeah yeah i see too i figured no no because i i just pulled the chart out look at the chart on
the daily yeah it looks like all right it looks like a rug and then a cto pushed it back to 10
mil and then it died so i don't know i mean i i get it's low but this is
like those typical solana charts that we start that you see and they all end up like this and
like some of them could pop back up after a while but you need like a really strong narrative behind
it this is why i started to like i was like oh i better start taking profits and and i think a lot
of people started started doing that so if it's So if it doesn't end up getting rugged and the shit just grows too fast,
people can kind of offload it.
I have got one that I would buy, though, bro.
Spirit of Gambling.
Pull that chart up.
Which one?
Spirit Gambling?
The Spirit of Gambling, yeah.
Spirit of Gambling?
The only reason why I'd buy this is I've got a fuckload of whale trackers going.
And for the past, like, I'll say three, four days, it's been going off massively.
Oh, this has been around for a while.
It's still 17 million.
Yeah.
But it's got, like, quite a strong community behind it as well.
A lot of these PFPs
floating around on different sorts.
I don't know. I think this is just
one of them narratives that will run.
Where's the info
on this shit?
If you look at the website,
it's offering
on the website, Purity Finance.
Connects the wallet to Purify.
It's also like a dust we consider it those tokens unused accounts and unwanted nfts into a single asset
in just one click so they've got that as well you know interesting just that that's one that i would
keep an eye on like real keep an eye on keep an eye on but that's it man and uh troll of course trolls dipped massively as well and i think that might you know i wouldn't
look too crazy if that would be a bill runner because that's been a while that's been out for
a while now you know yeah troll i mean just because it's troll and and the whole narrative with that if anything
could probably bounce back i would hope that would be one because of that alone it's very
it's like it's common outside of crypto you know it's got that that ability to to cross over i feel
like the success behind doge is really that like that meme was well known
and doge is well known outside of crypto like actually majority of people knew about it
probably even like before crypto existed you know so um or at least before people in the crypto
uh fully kind of took it over but what you you see in crypto Twitter is the minority,
that it's out of the large-scale holders and everyone in.
Something's popping and get boosted from there.
And then once the real world gets a hold of it,
and from last cycle with everyone just getting free money
in the United States, it's kind of sitting on their ass.
There was a whole bunch of time to invest into shit.
And then you know you
have something that that's so common of a meme i mean it's it's going to continue to keep doing well
yeah man and i've got like a big community as well from i've seen them for a while you know and
i remember four or five months ago i remember they were making a fuck ton of in-roll live
content like i don't i haven't really checked if they're still doing i remember they were making a ton of in-world live content like i
don't i haven't really checked if they're still doing that but they were making a lot of content
like going outside in america with troll shirts on giving people money giving homeless money and
now making meme content as well and clipping it and then you'll just watch like a random tick tock
for a minute and you won't see anything affiliated with troll you'll just see like a random TikTok for a minute and you won't see anything affiliated with Troll.
You'll just see like a whole meme.
And then at the end, you'll see like Troll, you know, right at the end of the video.
So, yeah.
I don't know.
That's just like you said, man.
Someone that's really popular between people outside of crypto, be it a dog, be it a meme, be it anything.
A frog, Pepe, you know.
I think that's the only things that
you should that's it when retail finally comes in and embraces shit then then they're going to
be drawn to the stuff that they're known that they already know that feels uh what's it called
that feels familiar right so i think that that that could play like as long as you know the token
keeps going staying staying around for a while.
Once eventually at some point, you know, retail has to come in.
The economy has to turn around regardless if the Q4 is good or not.
Like I don't think a ton of retail money will come in.
But once it does and more, you know, even if it's a slow trickle, they're immediately going to be drawn to what what they already know and what they've already heard.
And, you know, it's usually right now the big ones as far as all since and you know it's always bitcoin
salon ethereum i think are the mains and then when you start going to the memes you're right it's
going to be like the pepes and you know i don't even think like i don't i couldn't even tell you
the market cap but like bread on base like to us and a lot of people for a while that was huge
but outside of crypto like if i went to my girl
who even heard me for a year like yelling about fucking uh meme coins from my office on stream
and i mentioned it to her she'd have no fucking clue what i'm talking about but doge or troll
or pepe or you know like that those are are things i think easy attachment so uh like i said with
troll sitting at 100 and something million but 150 or so it definitely has the potential
um to to climb back up i think it's like the closest meme to anything that that i feel is
really could attach to people i mean and i'm just saying this just objectively i don't hold any like
full disclosure like i have none i'm not invested i don't hold any, like, full disclosure. Like, I have none.
I'm not invested.
I don't follow it much.
We need it.
Just backing up, you know?
Yeah, just when you zoom out, the narrative could work all around.
But even Fartcoin, look at that.
It went from, what, 1.7 bill, and it's literally halved in a couple of days.
Like, even with coins that are above a bill, you're still not safe, and that's just you ain't safe at anything you ain't safe anywhere with crypto even i mean
even with big alt coins and stuff like look what happened with um god what was it was it the
harmony fucking hack and shit was that the bridge or harmony hack or whatever like so much shit shit could happen out
of nowhere even to the biggest projects like you could have you know i mean the only thing i honestly
feel 100 safe in is bitcoin because it's the the most powerful most secure and truly decentralized
uh digital asset that we have out of all of them. Right. Uh, go figure. It's the first one.
And still the essentially, you know, as far as I guess, decentralization and those big things,
the, the best one, uh, but nothing else is, is immune to these issues. You could be holding
something. And like a lot of people were holding one or whatever harmony and people's projects
that were attached to that fucking everyone got wrecked so and then
what else was there i mean look at luna right i was about to say luna bro there's so many i mean
i won't even bullshit like like i'm one of the few people that could say i made i made a bunch
of money during that crash because like i'm really i'm really quick with numbers when I'm on point and I just had a piece
of notebook like scratch paper next to like my keyboard there and I was writing down I was seeing
the price of USD because once the shit started crashing like I had money getting that crazy
interest rate and I was like oh shit and I start seeing move and it was happening fast but when I
start doing the numbers I still still have the paper in my
drawer back home. And I'm like, okay, this is the price of this. This is my body. I'm like, okay,
move. And then I was arbitraging, right? Like ridiculous arbitrage during the process. And
I think at the time, what was it? I probably made like 20 or 30 grand off of it. At least 20. I'd
have to remember it was at least 20. And I put it all,
I just immediately put it right into Bitcoin. So whatever the prices of Bitcoin at that time,
I forget what it was. I'd have to go back. I think I ended up at least buying a whole coin,
maybe, or close to it with the flip. I'd have to look at the dates and stuff. It's real murky
because I smoked so much weed. And that was like actually a long time ago. Now, let me see if I can look at a chart, but it was like a crazy arbitrage. I thought that I was,
honestly, I thought I was doing something wrong because I was like, Whoa, I was like,
like trying to review my math. And I'm like, this is not right. And I called my buddy and I was like,
dude, get on this right away. And he was looking, he's like, he's like, wait, what? He's like,
holy shit. And then he, next thing you know, wait, what? He's like, holy shit.
And then next thing you know, he pulled like, I don't know, 15 or 20 grand from it too.
And the arbitrage slowly went away.
But it was at least, geez, at least six to eight hours.
I'm going to go look to see.
I'm going to look this up real quick.
What date that was.
That was in May, wasn't it?
I think it was May of...
May last year.
I think it was, yeah.
Let me look.
Right?
That was crazy, though.
But that shows, like, to prove the point as far as...
I tangent my high asses tangenting.
But to prove the point that, you know,
you're not safe on some of this shit sleeping.
Like, you're right.
The chart could just get wrecked overnight.
You don't know why it all the millions tens of millions in luna some people like oh god
yeah people were fucking wrecked like suicide over losing money wrecked like but imagine you
think luna's like you know your conviction with bitcoin some people had that shit with luna bro
like imagine you've put all your life in that shit
and it's fucking climbing for like what a year maybe two years that shit's climbing double up
double up double up but you wake up i've got like fucking 12 cents in your wallet
fucking crazy that was like that was some there was some crazy black swan events and, you know, yeah, we came back from a lot of the stuff, but even now, I mean, what do we get? Oh shit. It's 8am there, right? Uh, in the States at 9am East. We should, when do CPI numbers come out? I believe there's CPI today. I don't know if anybody has seen anything. I haven't Googled anything, but, um, I will look at the chart real quick.
And Bitcoin's up 400 on the head.
And 3,900 ETH?
Either they didn't release the info or it's a fucking nothing burger.
I am curious, though, because the labor market changed things up there.
That was probably what that huge shit was.
Basically, the labor reading was telling us that the economy is stronger than expected,
which signals less chance of rate cuts or drastic rate cuts are getting thrown out the window.
So I wonder what the CPI will do.
I'll need to start looking at it because it's fucking 8 p.m. here.
My schedule's all screwed.
Yo, we got Brian, Mikey in this space as well too.
Guys, retweet it if you haven't.
Mike, GM and A, and what's happening, bro?
Yo, good morning morning just tapping in
um trying to look at the uh coin market cap and the fear and greed index is all the way at uh
we're at fear pretty bad bro so i don't know i mean it's just another indicator and uh yeah there
there's something else going on today i think uh with crypto something was supposed to
happen today i don't really remember what it was but um but we're here man we're here and uh
it's inevitable we're going up up to october's coming and and all the all the positive things
so if anybody's down on their in their head you know just stay positive and and dca if you have the opportunity
to that's what i do just look at the positives and uh we're all here very early conviction baby
that's what i love to hear mike and um listen to scott and solely talk a little bit about projects
made me think to myself it's like when you find great communities what do they look like what are they what what
are the some of the traits and the qualities and characteristics that make great projects
i just thought of a few some of them i think are just like common shared values and transparency
i think sustainability i think these are like some of the three most important things.
If a project has a very clear mission, values, people stand by these values.
It's almost like the unspoken law of the project.
I think if things are very transparent, you know, if somebody that's maybe a noob or not really invested into crypto or the project can take a look at it,
whether it's an NFT, whether it's a token, whether it's just a piece of art and a community,
they should be able to understand. They understand it, the transparency aspect of it,
and know that it's a credible while they make that investment or decide to join the community,
make that investment or decide to join the community, whether it's artists, developers,
founders, you know, KOLs, leaders here in the space are just investors.
And then longevity, right?
You always want to invest into things that are going to be valued today, tomorrow, and
in the future.
If it doesn't have any value today, tomorrow, and in the future, chances are you're going
to lose money or it just won't hold value and
you're gonna be stuck with the asset and i've got stuck with thousands of nfts and not stuck with
it in a sense where you know i i there's nothing else i can do with them because i can transfer
them sell them list them use the artwork but i chose those nfts
but a lot of the nfts that i've bought have become very eliquid and untradeable because there is no
secondary market for them so i think transparency having clear missions and values sustainability
are just some of the you know i would say macro kind of things to look for more on the the micro level you want to
look at communities that have like an interest if there's no interest long term with the longevity
and the interest and there's no engagement there's no participation in this community
right the question is asked are people participating and contributing and are they like almost like testimonials for
the for the project in a sense and then they got to be like unbiased ones as well too i think you
know culture is really big especially here in crypto and there's a lot of people that kind of
use their influence or the technology in a malicious way when i find that out all my support for those individuals just
cease i cannot support people that are not you know bringing longevity to the space or just
extracting so i think that having you know a respect for the culture uh for the ecosystem
and maintaining that amongst like all sorts of people, races.
I think it's super important.
And then having, you know, like crypto is very gamified.
And I think things have to be like, it has to have some adaptability.
You know, I think we get so gamified into these small narratives of our own blockchains,
our own projects, of our own communities,
that we almost think that everybody has to buy into them. Everybody has to understand them and
recognize them. But I think if we can have bigger narratives that actually solve a problem in crypto
or contribute to one main mission or movement, we would see a better culture we would see projects lasting longer
we may see fewer projects because there wouldn't be a need for thousands and thousands of projects
on a daily basis but the ones that do um you know hatch or come about i think they would have a lot
more substance to them and you would see a lot more people staying involved in crypto opposed to
getting involved into a meme coin or a token and then you know the the token price just literally
disappears the interest in the community the interest in part of participation disappears
people almost feel like they can't speak about the token because it's underperformed and done
so horrible right and then there's some people that just won't shut up about the token,
no matter how horrible the token's doing.
It's just like, bro, it's at 8K.
Give it a fucking break, all right?
You're beating a dead horse here.
I don't want to hear about no micro fucking shrimp in the ocean here.
But all jokes aside, like Mike said,
find some great projects that you think that have some
value today, tomorrow, in the future, and dollar cost average in them. Start accumulating them
slowly, right? It would be nice to just buy 10 grand of Bitcoin, but I'm sure that I'm going to
have some bills tomorrow, some fucking rent to pay next month. So I don't want to shoot myself in the foot or overcommit to investing
if I can't afford it at the moment.
But that's just my take on it.
I like the conversation so far from Phoenix, Scott, Mike, Soli.
Let's say GM in the AM to Brian.
Brian, what's going on, my guy?
I think Bitcoin is still destined for 150 this cycle.
What's your whole take on what's going on, my brother?
Happy Friday.
Hey, happy Friday, Doodle.
Good morning, good morning, everybody else.
Yeah, I mean, Bitcoin's in a class of its own, guys.
You obviously know that's what I believe.
$150 this cycle, possible.
I mean, my original call was around $180 Bitcoin this cycle.
But analyzing data like I have been, guys, I'm a very analytical guy. I let numbers dictate my
decisions. Where's the money going? Where's the money flowing? And it just shows me more and more that this traditional cycle mindset, while it will play out similar, you know, history doesn't repeat, but it often rhymes.
I think it's just going to be different with Bitcoin.
I think it's just going to steadily hold the line, rise, hit 150.
We may see a bit of a dip if it does retrace.
But, you know, this altcoin market, guys, I think we're making a big mistake here.
Many people in this space talking about October, November, notoriously a bullish month.
Altcoin season is coming.
Here's the issue I see with that because obviously tracking the money, volume, actual users on these networks.
And the dilution is so incredible.
It is so incredible that there is no way all of these projects are going to run to all-time highs.
That every coin you're in is going to 10x.
It's not going to work out that way anymore, guys.
2021, You had Bitcoin
And you had two alt chains
You had BNP and Ethereum
And that was it
And it was easy to see where the plays were coming
Especially with meme coins
Hey, Doge
Then it was SHIB
Then everyone rallied around Saitama
So on and so forth
We do not have that anymore
We are so split up
Broken apart All these
different communities, liquidity is spread across thousands of networks, hundreds of thousands,
if not millions of meme coins. And it's just impossible to get those kinds of runs anymore
without some massive injection of liquidity. And who can bring in that liquidity the institutions but they ain't
going to be buying your meme coins they ain't going to be pushing your altcoin bags guys they're
going to be buying ethereum you know xrp bitcoin you know the top protocols that are developing
that's where the money's going to go so man very careful very guarded. I'm making a lot of difficult choices on some of
my all-coin positions being like, is this going to run this cycle? Am I going to start clipping
some profit on these green days? And I think that's just where I'm at now because it's changed,
guys. This market is not 2021. I'm telling you, it is so much different. And when it goes down, it's going to happen quick.
People are going to be telling you on the timeline, still time to buy, still time to buy.
You start sealing weekly closes of some of these projects below key numbers, and they're going to struggle.
How many of these projects are going to come back? You look at projects like Aptos, like Algorand, like, gosh, some of these other top protocols, SWE.
Are they going to catch enough users at market share to sustainably survive through this next
bear market? And I don't know. I'm still bullish on the market overall. Bitcoin, obviously, top dog. I'll always
be bullish on Bitcoin. Some of these are projects that are going to be getting use case and actual
adoption, but 80 of these top 100 projects, they will not be in the top 100 five years from now.
Hell, they won't be in the top 100 three years from now. You're going to have to pick and choose.
It is just a different market now. I've been coming to that realization. I'm trying to caution people who are sitting on bags of,
you know, think about it, like Cardano, all these different things that people are going to think
are going to hit all-time highs. Give me a thesis. Where's the revenue going to come that's going to
make this network better than this network ahead of it. That is getting adoption.
That is getting use case.
That's what I want to see.
I like to take Brian and I agree.
And then also, like you said, the liquidity is the biggest thing.
Because I think a lot of people, we got a little ahead of ourselves.
We got more bullish than there was actual liquidity coming in
and another thing that we see in me and scott solely mike phoenix people that king of hearts
people that have been in the space going over and just been on the panel we've been talking about
some of these projects these are i wouldn't even call them all tokens or meme tokens, that people just really hold the line, dude.
And we've seen tokens here in this space, 50 million,
and not have more than $36,000 liquidity.
My net worth is more than $36,000.
How could a fucking token be worth fucking 50 million market cap, bro?
I know I'm not worth 50 million market cap.
I got more than fucking 36,000 liquidity.
So, you know, and we see these like bundles and these early block bundles, especially when these
contracts go out, we see groups of discords, telegrams, X chats,dit feeds with you know two three hundred people in that they give the
ca out early everybody buys in with a similar amount and then they literally are tracking
wallets and you know self-shaming people you know they're they're doing all the nastiest things all
the things you don't want in a community.
And then the token sits at like 50 million. And it becomes a slow extraction for the people that got in early or obviously the creators that are behind the token.
And right now, that's like the fucking, that's the meta right now.
meta right now. I don't even know how to say it.
I don't even know how to say it.
It's like so many slow
extractions that people, that
they can't even see through it
because there's like 80
to 300 fucking
cabal early group members
that paid $100 to $500
that own 1% of the supply
and they're just holding the
fucking line, man. It's kind of disgusting.
The tools got smarter
from people buying and sniping and
they're being used by obviously the teams who launched these as well the snipe supply
and and then the methods of launching tokens uh equally got smarter to to fool people that were
just doing you know basic tracking of things or or looking at like your basic bubble maps kind of shit that
pops up for free. So it's, it's evolved like last year, 2024, especially the beginning of it.
Um, meme coin season was fun. There was like a bunch that ran, there's profits you could take.
There was some good communities there. There seemed like there's like a lot of heart through
the first half of that year. And then like, once we got into the winter and then come out the other side into 2025,
it just seems like that all went to shit.
A whole bunch of platforms and tools came out,
made it really easy to read tokens, look at them.
And then the other side made it even harder to hide to other people.
It's like, what the fuck?
So now it's just like, I just assume
pretty much
every single thing that's launched that's that's a meme coin or something without utility is going
to be um is is somehow supply heavy held by the team or some sort of bullshit's going to happen
or it's going to get rugged like i just i'm i'm looking at pretty much every single project as a scam first and then deep dive more into it and not go and buy on a launch.
And then it gets rugged.
Like I'd rather just wait to the shit retraces.
Everything has a retrace, even if it's not in on the earliest.
If it's going to really be there and grow, then, you know, I'll get in and I'll still I'll still make some money off of it.
But, yeah, I just treat them all, pretty much everything in crypto now,
like someone's trying to pull a fast one over on me.
And I'm like, no, you ain't going to fucking get,
you get extract from other people.
You ain't getting my fucking money.
That's for sure.
And equal, you know what I mean?
Knowing this and seeing other projects,
I'm not going to take advantage of people and do it.
Knowing the different tricks?
Come on, man.
You could fucking dunk on people so easy when they're starting to do buying parties and shit.
Come on.
This isn't anything really new
if you've been around for a bit.
You look at it for a bit.
There's a lot of weird shit going on.
I'm more focused
and leaning to the bigger alts and and bitcoin and
the stuff that's going to be here and you know the crypto casino for me now has been a little
bit more having fun in bc games and just and having fun with the market but if there's some
cool little meme i'll throw a bar tab at it here and there but we'll see not too i'm not too uh
what's the word it's got that i don't? I'm just not in the trenches as much anymore.
That's probably the best way to put it.
highlight that, Scott, because you
and Tony both used the key word,
extraction. Guys, it's been an
extraction market in the memes, especially
for the last 10 months. If you've been
playing memes, if you're not in on the
bundles, if you're not in on the launch,
if you're not a part of Cabal, 99% chance you're getting absolutely destroyed. And that's where the market is right
now. And to use a quick example, I know many of you guys heard about that bag work project
that kind of guarded that whole meta started on Solana. They ran to 55 million in like 48 hours or 72 hours.
Something insane.
We're getting $30 million a day in volume.
12 months ago, two years from now, that coin would be destined for hundreds of millions, billions of dollars.
It would be all over the place.
It retraced back down to $ 3 million in less than five days. That's the level
of extraction that's going on here that even these runners that you find, it's like, oh,
this is the one it's finally going to a billion. Nope. They got the bundlers. They got the insiders.
They are going to absolutely wreck you. So I've obviously looked around in the trenches.
It's not my thing.
It's just.
It's a lottery ticket.
Man, it's just too much risk.
It is.
You got to dump it.
I hate saying it.
You got to just take your profits.
Go play blackjack, guys.
Oh, we do every night.
Your odds are so much better.
Doodles kills it. Take $1,000. Throw it on the blackjack, guys. Oh, we do every night. Your odds are so much better. Doodles kills it.
Take $1,000.
Throw it on the blackjack table.
You got a much better chance of turning that $1,000 into $2,000 than you do playing memes.
That's no fucking joke.
That's no joke, guys.
You get in these memes.
Everybody thinks they're going to make millions, and you're going to be rich overnight, and they just perpetuate this narrative of hodling, of community.
That is dead, guys.
They are taking advantage of your perception, of your mindset.
You're a part of something, making you feel yourself.
You're a G.
All these different things.
It's absolutely insane.
And this market is just currently not set up to support those kind of memes anymore that we see run the
$40 billion guys. It's just not. Then you also now at this point, you have a, what's it called
like a ethical dilemma too, if you're in the space, because with knowing that this stuff is going on,
it's like, it's like fuck or be fucked. Right. So do you, do you go in and wreck charts and get
your money out? And like, what do you do? You know, like, like, do you accept an early contract?
And if you do, do you behave or, you know, what's going to happen?
Other people are going to actually, you know, like if you don't dunk first, someone else
is going to dunk before you kind of stuff.
Like when stuff like that happens, then you don't, you know, so it becomes an ethic, at
least, at least in my opinion.
And for me, it becomes an ethical thing. And, you know, so it becomes an ethic, at least at least in my opinion. And for me, it becomes an ethical thing.
And, you know, crime is rewarded.
Obviously, we've seen this cycle.
And I think, you know, just in the real world, you know, like kind of nice people kind of
get taken advantage of in a sense or get shit on a bit.
And, you know, those ruthless, cold kind of business people tend to push ahead in certain
aspects because they just don't give a shit who's in front of them.
It's got to you kind of got to like have lower ethics, I feel, in a lot of cases to charge through like that.
And then we're in crypto, which we know isn't the most legit or ethical or morally.
I don't know.
I run into this thing here.
So I'm like, ah, okay.
Like weird.
But I guess that's the market.
Soli, did you want to say something?
I know you were trying to jump into the conversation.
Yeah, I just, I just totally agree with what Spoon said, you know.
It's like, especially with early contracts and all that shit, even with Coins that are
billions, you know, you see it.
You're not safe anywhere in the trenches, you know.
You've got a lot higher chance with blackjack, that's 100% right.
Unless, like you said, you're in a cabal group or
You've got you know people around you that launch to open frequently and bundle them off
You know, then you they can earn a lot. Yeah, but otherwise just looking at new pairs and all that, you know
You've got a lot of chance to do yeah, like Scott like Scott said you're the one fucking or you're the one being fucked
So make a choice.
And here's the thing, just to go off of that, and maybe to not sound so vulgar, but I agree with Brian 100%.
It's like, we could all, I could make something right now.
I could launch a token right now and you guys could all get the CA DM'd personally by myself right now.
And there would be people that would be dunking on people.
And if we even said, oh, let's take this to 10 million.
Like there would be somebody in the room.
There'd be somebody that bought early that just would be like, all right, cool.
I just threw in $100.
It's 10,000 now.
You know, it's at 5 million.
Fuck that 10 million jazz.
I'm going to take my money.
And rightfully so. Like everybody has the opportunity to do what they want. They're all adults. Right. It's going to, you know, pull the trigger or kind of start the fire first.
They really don't care about the people that are creating them or the community that are involved in them. They're just looking for that opportunity, right?
People hold Bitcoin and real estate because the value long term it
increases people trade opportunities you know people are very opportunistic in this space
and when it comes to meme coins people have been socially engineered and socially engineered is like me telling you to buy a token that i know was gonna
harmfully or negatively affect your you financially but i'm doing it because it's my
own financial benefit that's being socially engineered and i've seen a lot of that happen
in the space throughout the the last eight years being an investor a founder somebody that cares about fucking crypto
and i just think that when people stand up for their communities or for the for the space or
the culture or even just crypto as a whole those people kind of get stepped on and and they do have
objective facts to prove that there are these scammers there are unethical malicious people
that are like using the blockchain to just literally extract thousands of dollars from
people's wallets that are going to work every day that are working on the
that are earning their income in a in a in a really genuine manner. So, you know, and then after we see their popularity just spike.
But I always look for the positive things, and that's transparency, that's longevity,
that's culture and value.
When I see those three things, I start looking further into the community.
I start looking at activity.
I start looking at involvement.
I start looking at diversification. You know,
things that are including of everybody, not just one narrative that just kind of financially
profits one character or one person, because there's no community behind that. That's just
one person, like a very cult uh group of individuals that that are making
money so i like to find genuine projects communities it just starts with the blockchain
man it really just boils down to the technology and then how people are using the technology and
that's what i found great projects to do. And even with ourselves here, leveraging AI, leveraging coding, leveraging Python, leveraging all sorts of things.
And, you know, providing a quality product for Web3 and for the social media platform.
Not, you know, creating tokens or just pointless memes or NFTs just for my own financial well-being.
And we see a lot of it.
So be mindful of the people and the projects you choose to purchase.
And also ask yourself why you're purchasing it.
If you're purchasing it just for support and notoriety,
that's very cool, but it's also very short-lived.
Because people, tomorrow they're going to have new desires
and they're going to desire something else from you, unfortunately,
because they're in to have new desires and they're going to desire something else from you, unfortunately, because they're in lining up their financial pockets.
But if you buy something that has value, longevity, or, you know, it has, you know, culture, it might be something that's timeless or hold its value and be worth something more in the future.
But that's all I got to say on that.
I like Brian's take.
I like Scott's take.
Phoenix, what do you think is happening? in the future but that's all i gotta say on that i like brian's take i like scott's take phoenix
what do you think's happening and do you want to give any any takes or do you have any uh observations
that you've seen recently what's been happening with crypto and some of these projects or
communities um sure um well just listening to um the conversation that you've been having, I just think it's interesting and fascinating that we're so early here in crypto that we're witnessing the calibrationating the market participants, people involved are still calibrating it.
We're still establishing and defining the parameters of what's acceptable, what's sustainable.
So you will have those bad actors out there who are testing how much they can sustain, how far they can cross the moral lines in real time. And they're observing, they're experiencing what can happen
when they cross the lines of, I guess, morality and decency and ethics. So it all comes into play
and we're here because we're so early just to watch it all play out. And I think eventually
as crypto evolves, the market will correct itself in crypto like it does in all other financial ecosystems and
eventually there'll be more um i guess safety i'm trying to think of the word it's still too early
for me but um safety measures put into place that will sort of streamline and take out some of that
bad activity but it'll still be there because it's just a part of the larger world
and there's always good and bad and everything.
But I think as the landscape evolves, we'll see less and less of the things that we hate about crypto.
Phoenix Crypto.
You're always on point.
I love the take as well.
I think that there will be more people that,
especially central exchanges and decentral exchanges,
they may have more restrictions.
They may introduce KYC, like know your client.
And people may have to have like legitimate registered
businesses if they're launching like real world asset tokens or maybe even stable tokens. I think
that the regulation is changing and restrictions are changing. I think that I hope they get a
little bit stricter for some projects or for some token launches as well, too.
Because we've seen a lot of venture capitalists.
We've seen a lot of celebrities.
We've seen even some influencers that think they have motion and they don't even got motion.
They got motion on the fucking timeline, bro.
Walk outside your fucking house.
No one knows who the fuck you are.
You ain't got no motion.
All right.
You got no motion in the ocean.
Shut the F up and be humble.
You know, like, dude, you think that I walk around on my chin?
I'm doodlogenic.
I'm a doodle dingle bear.
Like, dude.
Oh, I just try to educate people on crypto and, you know, try to do this graciously.
And if people don't want to know, they don't want to know.
You know, I'm not here to drag a horse to water and force them to drink it.
But there are a lot of people that are feeling that, you know, this is going to be the next wave of finance.
This is going to be the next wave of wealth.
And I think that they're absolutely right in that statement.
And even like Phoenix said, we're all so early. Like Mike said it like phoenix said we're all so early
might like mike said it as well too we're all so early things change things change so frequently
from year to year from cycle to cycle even from week to week sometimes and then mean coins from
minute to minute so be careful and where you're placing your bets if you're placing your bets the one-minute
Fucking charts well guess what you might be limited. You might go bust quickly if you're like placing your
your bets on the decades and
You're placing your best bets on the technology
Well, unless the technology or the internet just stops working and stops connecting everybody i don't think it's
just gonna fade away or just go to zero so i think we're way beyond that we're going to zero
kind of conversation you know brian i don't hear brought up anymore we used to have that like in
2021 it's all going to zero people just gonna raid and shit they're waiting too long it's like
it's the turn never to get off on the bus they're just pissed it's all going to zero
bro dude tony you bring up such a good point and a funny one too because if you were here in 2021
guys uh when the bottom fell out and you had the ftx collapse, Terra Luna collapse, Mt. Gox. I mean, just to name
a few of the disasters that happened, you legitimately thought that this shit was going
to zero. I remember being there like, oh my God, my Bitcoin, all this stuff that I have
is going down to zero. They were right. This place is a scam. I am so screwed.
Everybody thought that guys, it was crazy. And now at least this space now has enough support,
enough money financially, um, rules are being made to support the space. People are going to start using it. I think that is gone.
So some people still think that have that mindset when something bad happens that it's going to,
but I'm telling you, it will be nothing like it was back then. I legit thought my bags were going
to zero. I thought I lost everything. I thought it was all going to zero. And I just sat there
and I'm like, you know what? I might as well hold the zero because selling now is just insane.
My going to zero moment was when I was buying Solana at $2.50 and then it went to $8.
And then I said, wait a minute.
Something didn't feel right.
And everyone was just blaming Sam Bankman Freed.
And I think everyone was right.
They have a lot of people to blame.
And he was definitely the guy that we should have blamed,
and I'm happy that he went to jail,
that fucking scummy bastard.
Anyways, and then there was people
that just sold out on me, bro,
and, like, gave up all my fucking friendships
that we had for, like, 12 years, bro.
We grew up together, like,
you told me to buy a salon,
and I bought a thousand dollars and
went to fucking zero I'm like bro you still got 10 soul I'm like maybe in like a year and a half
it'll be worth something I was horribly mistaken guys it took three years but the case in the
story is it's still two hundred dollars this day. That's still that $1,000 that they invested like early 2020.
It's true, man.
Or 2021, wherever the timeline matches up.
But people just don't have that.
And people forget.
Doodle B&B.
That used to be under $5, guys.
It was cracking over $1,100 now.
It was at $1.20, and I looked at B&B so fucking hard, and I said,
I know that this is going to be back at like $700.
And I just, there's not a lot that gets me bullish about B&B
other than it's the biggest central exchange in
the world but being here in asia no one knows anything other than bnb no one knows anything
other than uh bitcoin and then oh yeah buy bitcoin binance that's it
yeah buy bitcoin binance that's it so that that makes me bullish cz also just did some amazing
stuff with gas he did a lot of stuff in the last uh six months i think it was may that
they did an update may or july somewhere in that early uh early summer month. And basically, the rest followed.
ETH did some upgrades, B&B did some upgrades,
and look at the prices.
They popped, and then they retraced.
But I still think that they're going to continue this cycle strong
if we see more movement.
What are your opinions on Astor, Tony? What do you think about that whole are your opinions on aster tony what do you what do you think about
good good good point and for a lot of people that are not going to understand this i don't want it
to go over people's head there's there's very little open interest and there's very little
long-term commitment to the platform i think that's because it's so new and i just don't i don't think it has the
liquidity like a hyper liquid or like uh dude there was a lot of there was a lot of exchanges
that were on the list scott could talk a little bit more about this scott what's your take on
aster and why why it might be a little volatile i saw someone who had put out some good information
in a tweet and it was about the open interest.
And it was showing, like, I want to say Hyperliquid had, like,
12.5 billion or something around 12 billion, if I'm correct, right?
And then 1 through 10, 10 was at 160 billion.
It was DYDX, right?
And Aster wasn't even in the top 10.
So what does that tell you? And the number one is with open interest is at 12 billion and somewhere after 10, after a lower than 160 million disaster.
Although volume is a different story. So volume and things like that.
So it makes it a little bit deceiving.
But yeah, I don't know.
That's a thing that so much people should look into.
The thing is, if CZ's backing it, you know, in Binance, they got so much money, guys.
It's one of those things, like, they may just push this.
That's where I'm at with with Astor and like I'm kind of waiting for a bigger correction to maybe you know get in there and then just sit on it longer term play
just because I don't think they'll let it fail but man it's tough to get into a token when it's
18 billion dollars I don't know or 14 15 billion dollars you know? I just have been burned in the past by having that feeling of FOMO.
And when I get it, I try and just say no to myself
and wait until I'm thinking clearly where I don't have that feeling anymore
and then execute a trade.
My guy.
I don't just jump in in especially in the billies unless i really know the project
the only thing recently that was in the billies that i i thought that was a good a good grab and
and it seemed to actually really uh do well was the pumped off fund token when it went under a billy.
I think it was at like $809 or $900 million,
and then it just shot up back to like a couple billion.
It's hard to buy in the billions if you're not truly convicted on the platform or the project,
or you think that it's going to be like a narrative that stays alive.
It's really hard, bro.
Like even Bonk, bro.
I know that Bonk stayed the course of time and it became, you know,
a historic meme coin in the Solana ecosystem.
And right now, because of the new tech that they launched in the DAX or the launch pad,
I think that, you know, they've positioned themselves amongst the top five.
But it was hard to, it was hard with no conviction and
nothing really out there just doing some stuff with like some cfn or some karate combat like
it's hard to have that conviction that i was gonna stay in the billions bro or like even on some of
the retracements on the low billions buy and then see it go back up to like two three billion so
there's very few projects that are
going to do that most of them
Brian like you mentioned they just
crash and burn dude how come Trump is
not even talking about his fucking token
how come there's fucking no mention of the
Melania token how come fucking
all of it is just shifted to
USDC one
because they took all that money and bought Ethereum
and World Liberty Funded that that's exactly what happened took all that money and bought Ethereum and World Liberty FI
funded that. That's exactly what happened,
guys, with that Trump and Melania shed.
They extracted and they launched
World Liberty FI and bought a shit ton of
Ethereum.
Now Ethereum's
back under four.
Scott's looking
at the market. He's like, now Ethereum's fucking
struggling to tread water right now to stay at $4,000.
It's crazy, man.
It's crazy.
What I've noticed is it's okay to take money off the table sometimes.
Dude, I sold Salon at $190.
It's at $195.
I felt a little bit, you know, not all of it, but I felt like I shouldn't have sold so much.
And then I could have held to the $s, 250s, maybe even 260s.
But, dude, look how quick it came back.
That lasted less than three weeks.
Me and Scott have been telling people to buy Solana between like 150 and 200 for the last year and a half.
Even lower.
Basically, we said anything under 200 is gravy.
And basically anything over that is pretty much good for taking profits.
And that shit bounced from all the way to a high of 291 down to what?
110 after that?
110, 113, 20.
20 times.
Exactly.
You can't be too worried about the price.
You've got to really accumulate.
And then after when things appreciate, it's either you're going to take profits or you're going to borrow against.
And you've got to know which one you're going to do as well, too.
Have some sort of exit strategy or even just like I'm going to have cash on the side strategy.
Dude, I still keep a lot of stables, man.
People think that I'm crazy, but I don't want to have full exposure to the market.
Because then if market changes direction at any point, I'm at the mercy of the market.
I have nothing that I can do.
It's not that I have fucking, I'm making 100 G's every month or something crazy that I can just turn around my portfolio if it starts to slide. So you got to consider these these black swan events like Brian said, the Terra Lunas,
the FTX crashes, you know, the wars that start, you know, on the cuffs, on the cuffs.
And these all affect financial markets aggressively. So.
affect financial markets aggressively.
And there's something else looming that could also, I think it's contributing to the price
drops right now.
There is some federal, some tension with the federal government.
There's a government shutdown looming.
And I think it's contributing to the drop in prices and the current poor sentiment with
crypto in general.
Because if Congress doesn't agree to
their, to a proposed budget to fund the government on September 30th, and that's the end of the
fiscal year for the federal government, September 30th. So if they don't agree to that plan,
then the government will shut down. And this would just be a catalyst to a cascade of
debilitating effects on the economy. So they're kind of at
an impasse. You know, one side wants to preserve health care. The other side wants deep cuts to
health care and it'll jeopardize millions of people. So they're sort of at an impasse and no
one knows if they will reach an agreement because agreeing to the plan would mean ending health care or affecting health care in major
ways to a lot of people.
And one side wants it, the other side doesn't.
So people are really holding their breaths, so to say, to see if they will come to an
agreement or if the government will shut down after September 30th, which is next Tuesday,
I think.
Oh, my God.
It's so fucking close
And then we have a crypto conference on the same day you'd expect Bitcoin Phoenix
It's expect Bitcoin to slide another twenty five hundred dollars. I'm gonna take the crap shoot on this right
That would be great
Look I have my standing by order and then it drops significantly, I add a little bit more.
I buy some more on top of the order.
So if it drops, no worries.
No biggie, no biggie, no biggie, no biggie.
I'm buying more.
Like 70% chance they're saying for a shutdown too, guys.
Oh, my God.
This is legit.
You guys keeping this a secret from everybody?
You guys just fucking going on holidays in October?
What the fuck, man?
You guys just always does what the fuck they want, man.
Dude, if you've followed American politics, the last eight years, man, the last 12 years especially,
these shutdowns loom always.
They always wait until the last minute.
And I think we've had two now in the last like 12 years, I want to say.
I remember I was on vacation out in San Francisco. Gosh, this was back in like 2013 or 14 when one
happened and they shut down all the parks. I wanted to go to Alcatraz Island. I couldn't do
that. Everything was like all the government offices were shut down. All the national parks
were shut down. It was a joke. But yeah, I mean, if you're betting on this, it may not be a bad idea.
Not financial advice.
Take out some shorts.
You know, obviously don't go crazy on the leverage.
Have a stop loss.
But man, if that government shuts down, it's going to impact.
Oh man, it's so fucking hot in Thailand.
I live in shorts.
So all my shorts are dirty, man.
I got no more shorts to give, Brian.
I got no more shorts in my closet. I want to pull a short, but I'm fucking pussy.
I got no more shorts. I'd rather just buy raw doggone spot, you know? No, it's just,
it's hard to short, you know? It's hard to short, but we're late in the cycle. You're right.
People are expecting this huge October. I don't know if it's going to happen.
The pandemic was horrible for everybody, bro. For everybody.
I was telling Scott, there was Canadians that were getting their bank account leveled and just like frozen.
My friend, he took a grant and he hired a bunch of immigrants.
And I just say that kindly, but he hired a bunch of, you know, say that kindly but he hired a bunch of
you know new people to the country because there was a grant going on and
then they froze his entire business bank account that had like over 250k a
quarter of a million luckily the guy has like high equity he's not a brokey so he
had you know enough money to pay his employees for like 90 days out of his own pocket and just balance the books, you know, personally with his accountant.
But I mean, that could have killed his business.
That could have killed a lot of people's business.
Imagine losing your entire workforce and then just being like, oh, fuck, you know.
Well, the factory is empty.
I guess I'm going to be the guy who does the nuts, the bolts, the paint job.
A lot of people suffered, their business suffered.
And it was kind of crazy because through the pandemic, I was doing a lot of general landscaping, heartscaping.
People were just stuck at home with extra abundance of money and extra equity.
And they just were doing these upgrades to their fucking homes so for me business was actually booming business was actually thriving through
the pandemic because everybody was at home didn't have the living space in their backyard to have a
patio or a pool and they wanted to convert some like extra grass or, you know, some extra space into like livable space.
So it was really dope for myself.
But for a lot of businesses, it kind of was bullshit.
And I hope that the U.S. kind of figures their shit out
and they don't close.
What about the people that work for the government?
Everybody's going on strike.
Well, the federal employees, they aren't obligated to strike. Yeah,ough what's furlough mean? I forget the exact. I think that's what it was.
You get released.
You get released from your job, and you have the option to come back once the government funds, once the government is funded again. So basically, if the government isn't funded, then they can't pay their federal employees.
then they can't pay their federal employees.
But during our last shutdown, which I think was in 2018 or 2019,
Congress did an act.
They made a law that once the federal employees are reinstated again,
they get back pay for the time that they were out of work.
It was sort of a, you know, a given.
Federal employees always got reimbursed for the time that they weren't working.
But it wasn't ever, you know, something set in stone by law.
But they made it a law with the last shutdown because it was like one of the longest in the current recent years, around 35 days, I think it was.
So it is a law. But one thing that I forgot to add is that
if the government does shut down, the government is also poised to release some reduction in force,
reduction in force decree, which means that they're just going to let go of a lot of federal
employees anyway. So they're going to make some more cuts to the workforce so they won't be going back
so if more people are unemployed then that's going to um increase unemployment overall so that could
affect the economy yeah there's a lot see the u.s is such a complex fucking economy. You guys have so much, like, governance on the state level.
And then after some of the states don't agree with the federal government, like, we don't have a choice.
Like, if our province or our state doesn't agree with what they want to do, we don't really got very much say in Canada.
It's just, it's kind of shitty.
But in the states, it's cool
that I do believe in small government. I do believe that, you know, you should take care of
your backyard. And then after, you know, all the neighbors work together to have a better fucking
community, but it's difficult when each state has different problems with population, with poverty,
The state has different problems with population, with poverty, with jobs.
So it's kind of crazy what's going on in the states.
I don't think that we're seeing like, you know, 2008 kind of crisis upon us right now in 2025.
I don't think it's in the best financial shape as well, too.
You know, Trump's in there. There was a lot of tariff wars earlier in the year.
There's been some public wars.
There's been, like, U.S. support.
I just think that the U.S. wants to lead the crypto charts.
At the same time, they've said that they wanted to hold a lot of crypto.
Same time they've been selling crypto.
They've sold crypto with a lot of the seizures they got in Silk Road you know and I feel like if they really wanted to
start a Treasury they could have been a little bit more aggressive and actually
buying and holding it but we'll have to see well have to see what happens we
bring up a lot of great points Phoenix I love the conversation I see King of
Hearts crypto cam in the building.
Dabitola, get back up here as a co-host, my guy.
You dropped me, I guess.
I see Wolfie.
It says we're co-host.
What the hell happened?
I'm like, wrong.
He slid down.
Phoenix, is that a co-host or no?
I don't think so.
He's not.
He's a listener.
Yeah, he's a listener.
On his phone, he's a co-host.
It's like when your mom tells you,
you still won the game, honey.
You got smoked 25-0 in soccer,
but you still won the game, honey.
You know, next year year you'll be all
right next next season we'll get them no dad you're definitely you're definitely
bring him back up baby no but we've been having a great conversation about crypto, about memes, about projects, about communities.
Like I said, guys, transparency goes a long way here in this space.
Blockchain is, you know, it's supposed to be a transparent ledger where people can track transactions.
It's the people on chain.
It's the people in the ecosystem that make it so murky.
So just follow the money, follow projects, follow the genuine people here in the space,
follow people that are adding value.
I think that there's a lot of people here, King of Hearts, Phoenix, Dabatola, Mikey,
Dr. Soli, CryptoCam, Brian, Jessica, Wolfie, The Original, Pablo, OBZ, mikey dr soli crypto cam brian uh jessica wolfie the original pablo obz lots of people show up and
create value every day here for the ecosystem and a lot of other people that i didn't mention as well
to here in the space um whether it's a token whether it's an nft you know just be transparent
don't over commit to things that you can't accomplish.
I think that's a big one.
A lot of people, you know, make these promises that they just really don't have the tools, the resources or the know-how to go out there and do.
So I'm not saying not to be brave and have some bold objectives and some missions.
But at the same time, be realistic with yourself
and your community because people do financially get wrecked. People do financially get hurt.
And we want to see people really build up their wealth through crypto. I think it's going to
attribute to more millionaires than real estate did. I think that there's going to be a handful
of projects and tokens that do extremely well. And there's going to be a handful of projects and tokens that do extremely
well and there's going to be a bunch of people that do get in early you know the sub 100 000
the sub 1 million tokens that go up to 100 million and um you know maybe 50 100 you know
quarter million dollars doesn't seem life-changing to you but it's it's life-changing money to a lot of people so and it
in it happens here in crypto we've seen it happen a lot it doesn't happen frequently but it's
happened a lot throughout the course of history and it's going to continue to happen because
just the nature of it people are going to speculate people are going to get in early
people are going to degen um projects are going to over promise tech is going to get in early. People are going to degen. Projects are going to overpromise.
Tech is going to be over-evaluated.
Dude, what was the biggest altcoin, Scott, that was over-evaluated?
If we were investors and we were looking at an altcoin and said,
you know what, this tech got to this fucking price.
How did it do it?
It's just totally over evaluated these altcoins are
speculative uh this cycle this cycle this cycle last cycle up to you last cycle i mean the into
this cycle the the first one that comes to mind actually is cadena. It ran to 20 something, right? In a matter of like,
what was this, this time period starting around now to, I don't know, mid November, like most,
but it was like a six to eight week span and it ran up 20 something and then it crashed back down.
And I don't know what it's sitting at now. If had to guess it's probably like 30 or 40 cents and we're how far along in the cycle like most alts still
way down but i mean yeah do you think it's gonna get to all-time high i mean probably 99 of the
people in here don't even know that that blockchain right and rightfully so because i mean look where
it's sitting at price and it's not got volume right now.
And, you know, it just was a quick hype.
Now, whether or not they could prove their tech or what some of the stuff that they've claimed, it's a whole nother story.
Now, there's plenty of others.
That's just the first thing that comes to mind.
But, I mean, there's shit.
I mean, God, like what's going to happen to like Polygon?
Yeah, like what's going to then they change their symbol around a bit.
I don't know. And then the next one's going to happen to like Polygon? Yeah. Like what's going to, then they change their symbol around a bit.
I don't know.
And then the next one's going to be dead or zero.
What does Brian think?
How about OM or mantra?
They were at like $19 billion market cap.
They're down to 280 million.
Unless which one is that mantra OM. They had like that 95% sell-off crash from like 13 billion uh down to like 800 million
in like 15 minutes happened probably four months ago five months ago they were taught they were
like 18 in the top 20 of all projects supposed to be a big rwa narrative and it's down now to
like 280 million i think from a high of like 19 billion
i think luna is the worst
i made so much fucking money on luna
i literally bought the token it was like one of my biggest tokens that i was trading and it was because they had this this protocol
called anchor that was 20 percent it's like 15 to 20 interest no it's 20 interest apy annually
no matter what year over year over year bro and it just seemed very unsustainable and when i
originally launched the doodle gen x project to solana i was planning to
put like 25 to 50 percent of our main fund which wasn't a lot it was like three g's four g's but
i was just so grateful i didn't do that but i i did sell a little bit uh earlier before it crashed
people called me in the space it's like holy shit tony i'm just so fucking sorry for you bro i know you were a big
fucking tara luna fan and i had eight people in the space i was fucking chilling i was buying nfts
living the dream solely i'm like nah man i'm good i'm like i sold last week bro you crashed on you
ah sorry to hear that man hey you can't pay your rent ah man i man, I'm sorry. I just paid my rent on the first, man.
You should have bust your ass and stopped drinking so much.
But, no, I think that there's been some well-over-evaluated tokens here in our time. And I think there's always going to be well-evaluated tokens that just really have a lot of speculation,
speculation really don't have a lot of substance to them and and it's our natural instinct as humans
really don't have a lot of substance to them.
to be greedy almost and want it to work out when we're invested into the project or the tokens
uh but generally they don't you know most of them don't actually not generally most of them don't
work out ryan you you mentioned a good one i see Pablo from Ultra Smart Validators up here in the spaces.
GM in the AM, Pablo. Dude, talk to me. What was a project that maybe overvaluated and just kind of retraced aggressively hard?
How are you feeling, my brother? GM, GM.
Hey, Tony. Good morning to everyone. Thanks for the for the mic man i'm back in the states so um
i don't know which one exactly was overrated because there's a lot of those i mean uh
but overall the market it's uh it's retracing back and it's gonna have like a steady growth and the next year uh in 2006 probably
uh with uh with the all the tariffs and all the economy uh i think we should focus on the
on the utility projects in uh on the on the blockchain which is solana bitcoin ethereum
like the ones which matters more and the other one is just a
distraction to me it's the truth scott always says that if i just stuck to a handful of tokens i'd be
just so much more wealthier and you're right brother i think also there'll be a rotation
into real projects like yourself that are building both tech, integrating physical,
integrating the software of the blockchain, validation, authenticity, transparency,
everything that we mentioned of a great project and a great community.
And I believe that that rotation will come.
I just feel like it's a little bit still early and people are still a little undereducated
of some of the global
tech but i think that it's catching up quickly man trust me uh we're getting in touch with a
a lot of brands right now uh here in the states in in europe also and i had like a message last
night that we send them a white paper for djens so the people doesn't
relate to some of the crypto things so now we have to create the videos uh and we're gonna educate
them so we're on the path to educate them so we're gonna have on the platform i just got
four cameras four 4k cameras bro and then scott has a couple with him too so let me know
i shot a little music video in my house just to kind of play around with the cameras just
keep myself occupied and um i got a message from alex today as well too major upgrades have been
done on monetize on x shout out out to my man Pablo and Alex.
These guys have been amazingly productive and supportive
and helping Monetize on X get to market
and become an app in the app store.
I'm excited for that launch, bro.
I have investors and I have people in Canada and the States
just waiting to show their support
and kind of be an angel investor in the business
and help it grow. So yeah, I'm just waiting so we can publicly open the gates and it's
going to be awesome. It's going to be fucking huge for everybody, bro. People like Mike
are making a couple hundred bucks on their track every semi-weekly. Scott's pulling in
nice checks. Soli's pulling in some nice checks um we're gonna get
more and more people monetized man yeah definitely uh we've been working on your app and uh and
another app and we'll be building another platform which is gonna have like the insights from from ultra smart validators because uh each scan is gonna provide
the clients with the the valuable data for the marketing and for the strategies so we've been
developing both sides um monetizer nix and uh and usb platform right now
platform right now you're you guys are like will chamberlain baby pulling triple doubles on a fry
yeah baby dude we got scott in uh thailand right now pablo uh you should have you should have said
earlier man i just get back to the states but uh we're gonna we're gonna come and visit you for
for those videos i'm talking
about so definitely i want to be in thailand with you guys but yeah brother we should definitely
shoot some evergreen content it would be cool my house has like even curtains like a studio
blackout drapes it's cool man it's really really cool i sent you check your dms
i sent you a little video i don't know if it's sent because it's such a big video.
Thank God the jets on the pool stopped. It was like I was in turbulent mode over here, guys.
But anyways, I appreciate everybody that showed up to the space.
This concludes the space today for FOMO FM.
We will be streaming at 9 p.m. EST tonight, so tap into that.
We have King of Hearts that's going to be doing a space as well, too.
I love each and every one of you guys.
Go out there and kick some ass.
Take some names.
Have a fantastic Friday.
Keep your conviction high and stay...
...doodled up!
