FOMO HOUR: Markets, News, Yeeeeet giveaway, and more!

Recorded: April 16, 2025 Duration: 0:59:40
Space Recording

Short Summary

In a lively discussion, the FOMO Hour team explored various crypto topics, including Tyler's birthday celebrations, the upcoming Trump crypto monopoly game, significant fundraising efforts by Jandover, and the impact of regulatory challenges on Bitcoin. The conversation also highlighted emerging trends in user-driven governance and the importance of partnerships in the evolving crypto landscape.

Full Transcription

Thank you. There we go one second I put my phone away
I'm going to echo the guest today
Boom alright
Phone's going in
The bathroom
Alright alright alright
What's up y'all I can't even see the stage so
Sims I'll let you run the stage we don't have a guest today right
I forgot to ask
I think we're good.
Fire, fire, fire.
All right, all right.
We're good.
We're good.
All right, kick it, Sims.
Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah.
Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Thank you. I'm out. Yo, yo, yo, what up, what up this morning, good morning, GFG, yeah, Wednesday, April 16th, 2025, look at that, have a beautiful day, have a beautiful day. I got my clothes in the house.
Cala da Puma!
Good morning, lads.
How you guys doing today?
I'm doing great. How are you?
I am also doing great.
Just great, not fantastic, because I'm not in Portugal for like 36 hours.
But I'll be fantastic again on Friday, you know?
Fantastic is a term only to be used if you're in Portugal,
you know? That's what I've come down to.
You know, I left for, like, today
to the airport, Mando, and I felt sad. I felt like I was leaving
home. Even though I'm going back.
You're leaving like, oh.
Kind of cold, Paris.
Yeah, I mean, actually, you know what?
It's warm, it's just gray, but, you know what? It's warm. It's just great.
But, you know, that's just how it is here.
Big 40 Tyler!
How was your birthday yesterday?
How you doing?
Yeah, birthday was great.
Went out to dinner with the fam.
A lot of your family time.
Got a lot of messages from the FOMO Hour community, from CT.
So I just want to thank everyone.
That was fantastic to see.
Appreciate all the love.
And I got to let you know, all this Portugal talk,
I'm getting served Portugal ads now on Instagram.
Shilling me the golden visa,
telling me the tax benefits if I spend seven days.
My ad campaign is working then.
Hey, listen.
Mando for sure is getting paid in the back.
We're convinced.
The boys are convinced that Mando's getting a kickback From visit Portugal
But you know half a million euros
Is all it takes baby
You get an EU passport
And then you get to live a good life Tyler
It ain't much but it's honest work
So there's that
What I thought was funny yesterday Tyler
This guy wishes the Moonbirds a happy birthday on his birthday.
I thought that was like the most comical thing ever.
So, yeah, we had to do what we did.
I thought it was funny.
I go on Tyler's page, I was like, yo, I thought maybe he'd write a message.
It's my birthday, whatever.
But Tyler, no, no, happy birthday, Kevin Rose and Moonbirds.
My favorite trading day ever.
Take us back three years ago. It was your birthday. Yes. and Moonbirds. My favorite trading day ever. Take us back three years ago.
It was your birthday.
And Moonbirds dropped.
Did you just drop everything for that?
It was April 15th, 2022.
I was deep in the NFT trading streets at that point in time.
So this was pre-Otherside.
So the bubble was still expanding.
I knew it was going to be big.
I convinced my wife for my birthday to give me like two or three hours in the morning that day to just be locked in.
I was actually in a voice chat with some of the boys.
One of the very few times did live trading via voice app.
I was just sniping these mid-tier moonbirds at launch.
mid-tier Moonbirds at launch.
5X the bag in two weeks.
but as I always did back then,
refused to sell
because I thought they were going to go to 108th
and 40th was not enough.
So it didn't end up being the best trade overall,
but it was still one of the more fun trading days.
I've experienced.
I remember the Moonbirds launch.
I was actually at Coachella.
We were talking about Coachella yesterday.
And it's the one year I was in LA for like a month after NFT LA.
I just stayed out there.
Because at the time, we had a bunch of stuff going on in LA, like on the Ruggerido side.
And actually, guys, Alexey and I were like, yo, should we go to Coachella?
I don't know.
We can't get tickets.
I don't know.
Last minute, I think it was like Harry Styles' manager.
Gives me like two artist bands. Because back then, you know, we were cool, oh, fuck it. We can't get tickets. I don't know. Last minute, I think it was like Harry Styles' manager, gives me like two artist bands.
Because back then, you know, we were cool, right?
In the NFT world, like any artist would throw badges at us
because, you know, they all liked NFTs, you know?
That's back in the days when I was like really the coolest shit.
And then we went and then we missed the Moonbirds mitt.
And then I ended up buying Moonbirds at 30th each at the top,
holding them.
And then at some point during the bear, I said, that's enough and took my losses.
So that's my Moonbirds story.
Mando, where were you when the Moonbirds minted?
I'm trying to remember.
I think I'd just come to Portugal recently.
Yeah, it was early Portugal days, yeah.
I think I'd moved like a month before.
Damn, you were early to Portugal.
You took the trade once again before everyone.
That's a smart move.
That's a smart move.
That's actually a very smart move.
Love to say.
Anyways, so that was the show.
Today, today, market report.
Up and down, up and down, up and down.
The usual tariff boring bullshit that we're gonna go through probably for the next year
You know we pumped this more we dumped this morning you time by the way
And then we pumped a little bit on the on the premise of G saying that if they respect us then we may talk to table
At this stage is just getting a little confusing one things for sure that front coin
Keeps on going and the market downtrends is driving me insane. I just want a mega dip, please.
And then Tyler's Top 100.
I'm sure he's got a bunch of things to cover with us.
And then giveaway.
Yesterday was fun, huh?
It was a little messy, but it was fun.
And if you check the pinned tweet, maybe Sims or Intern, if you can pin the tweet that we just put out.
Last little bug fixes, et cetera, on the, on the raffle,
but though it was you motherfuckers making mistakes,
but it's okay.
It's okay.
We fixed a few things so that,
so that we can make it more seamless and easier for people to enter the
So remember yeet.com and you have to sign up using our affiliate code for
more hour,
and you'll have a chance to win.
Shout out to sunny days yesterday.
That was a fun clip that we ended up posting.
I love that she kept on going.
And then last but not least,
this show is powered by Wallet Connect.
Wallet Connect is the connectivity network
shaping the future of on-chain UX.
If you've connected to Web3 app,
you've seen Wallet Connect.
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Want to learn more?
Follow Wallet Connect on X
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But also if you want to check out yesterday's interview
with Pedro Gomez, director of Wallet Connect.
It was actually a very interesting interview
and I really liked having him
as he's a great partner of us.
Anyways, anyways, anyways.
Mando, let's see what you got for us today.
Who is the man?
Macro daddy of the man. GM everyone yeah so I said it was gonna be a low volatility rally yesterday that did not happen
we had a little bit of a dip overnight um not by a huge amount by about two percent
on bitcoin um but that did take out quite a lot of alts.
Again, Bitcoin dominance higher, just on a one-way train at the moment.
Very, very difficult thing to get in front of.
64% now, just above for dominance.
In terms of what actually was said, it was kind of a bit of rhetoric from the EU
basically saying we're not close to a deal
then a bit of rhetoric
from the US saying hey China
it's on them to come
to make a deal and then China basically
putting out some less
bearish talk
overnight so we've had a little bit of a
bounce there was there is going to
it looks like
more stringent um more stringent export controls on some of the chips that that nvidia makes
which is pretty important these are some of the like actually they're lower level chips
but they have been repurposed and used pretty well by some of the chinese ai companies
um it looks like there's going to be restrictions on those too. So NVIDIA stock was kind of in focus.
And that kind of took us a little bit lower.
But yeah, Bitcoin's just hanging out at 84K here.
Feels a lot more solid than the rest of the altcoin space.
It still feels quiet though.
This is the few days before Easter. Most people start taking it off from quiet though. Like this is, this is the few days before Easter.
Most people start taking it off around now.
So I don't know.
CT feels really quiet to me too.
I don't know if you guys feel that,
but definitely doesn't feel like it has,
as it has been like more,
more previously.
We had some comments yesterday from Bo Hines again,
that they may use
tariff revenue to buy bitcoin i think there's a low probability of that still but and i don't
think bo hines is like necessarily the shot caller for that sort of stuff so um yeah i wouldn't take
that like unbelievably seriously but he did he's not he's not the shot caller, but he's very, very like
because we get to like we usually get
comments from Bo and David Sachs.
So it's really him and David.
So he doesn't call a shot, but he's very like
he's tapped in, you know what I mean?
He's tapped in, but I just don't know if
tariff revenue will be used to buy crypto.
That's necessarily a call from him.
But why don't we just let this headline run?
Yeah, we can.
There was, in terms of broader crypto, gold is up another 3%.
Broad of macro, sorry.
Gold is up another 3%.
It's above 3,300 today.
That one is just on a one-way train.
Bitcoin didn't follow suit yesterday which
is not a good sign but um but it also is having very very little correlation to uh
stocks right now so we are just going sideways yeah i'm going to feel strong that's that's kind
of it that's the whole market it's killing me man I want more. And I wake up this morning, I see reds,
and I was like, fuck yeah. I'll just move
some more Solana to Farcoin.
And the thing is up. Because this one wallet
bought, like, did you see that?
It had 10 million USDC in it.
And this morning, it had 7.5
million dollars worth of Farcoin in it.
There's like
whales just buying
7.5 million dollar clips.
There's more liquidity on it than Pepe now I think
yeah I was wondering if that was concerning
actually that a whale just clipped in
10 million bucks yesterday and we're still kind of
just chopping around this level
there seems to be a strong bid at 80 cents
I don't know
it's a strong coin
Anyways, alright, well look, there's not much going on
On the macro side
It's all going to be terrorist arm stations
For the time being
Until Xi Jinping
And Donald Trump figure the shit out
So we'll wait for that time to happen
I just can't wait for the headline
Can you guys imagine
They come to an agreement the other agreement that uh headline on on
macromando was that trump is ready to slap them with 245 percent tariffs right
i think that was it um yeah there was some of that but that's just the rhetoric stuff that that uh that i think is going
to be just slightly ignored during this whole this whole process here okay like there's been
some not great rhetoric that would have taken us down a lot more last week um and it's it's not
so i think it's fine yeah i think that was one of my takeaways, right?
Is like a couple weeks ago,
any negative tariff headline
were just dropping a few percent.
And now like it's starting to feel
like it's not moving the needle as much,
at least for Bitcoin
and some of the other majors.
So the negative news isn't impacting
as much as it was. Yeah. I think you can maybe find some hopium other majors. The negative news isn't impacting as much as it was.
You can maybe find some hopium in there.
female quant, my favorite,
She was saying that
Powell is speaking today
at 11.30 a.m. ET on inflation
and markets. Is that right?
He is speaking today.
That's actually one of the only volatile bits of the week.
We had retail sales came out today, but
they were kind of a bit of a non-event. They showed some
strength in the U.S. economy. We had some
China data overnight, which also showed
some slightly stronger data.
I don't know if
Powell's really going to rock the boat here.
I think he'll probably just say,
look, we have to wait and see.
When people talk about global easing
or money supply going up,
I don't think many people are predicting it to come from the US,
at least not in the next couple of months.
We'll see where that takes us later today.
So it's 11.30 a.m. Eastern Standard Time
for all the macro experts,
meaning every single listener of ours.
If you're listening to the show, you're macro experts.
So 11.30 a.m. Eastern Standard Time,
right between the end of the show
and the Star Direct Radio,
you'll be able to catch Powell.
And they're probably going to talk about his comments
later on that show as well.
Anyways, Tyler, let's see what you got for us today.
What's really NFT and crypto analysis? Tyler, let's see what you got for us today.
Yeah, crypto majors are red this morning as the U.S.-China trade war escalates here.
Bitcoin down 2%, 84K, ETH down 4%, sold down 5%. Mantra was one of the big alt movers.
It did rebound 25% yesterday after their founder went on CoffeeZilla
and talked about some OTC token sales.
In other headlines, the Trump team is reportedly planning a crypto monopoly game
coming this month.
So we'll see if that comes to fruition.
Hackers stole $5 million in ZK tokens from ZK Sync by exploiting a compromised admin account.
This Jandover company, the macro strategy of Solana, has acquired $21 million in Sol already.
As they start to build out their Sol Reserve, similar to Scientific, another company here.
They are doing a $500 million securities offering
to add to their Bitcoin holdings.
So more moves from big companies.
Tether is investing in a crypto payments app called Fizen,
their third major deal of the year as they continue to invest.
Movement Labs, some news here,
they are conducting a third-party investigation
into their market maker
tied to movements in that move token.
This is following Binance's removal of one of their partners from misconduct.
Their co-founder, Movement Labs co-founder Rushi Manchi,
has also taken a temporary leave tied to this.
So there's a little bit of smoke coming from that situation.
And then Oklahoma, their strategic Bitcoin reserve bill failed to pass.
I believe that's the seventh state now,
which has failed to pass their Bitcoin bill.
In token and protocol news, Kaido announced a change to Kaido Connect,
where users can now assign YAPs and or state Kaido to projects
instead of votes to boost their mindshare.
So a little bit of a pay-to-play mechanism now happening over on Kaido.
I think some mixed reactions to that.
Wolf Games, Solana relaunched to spark some backlash,
prompting the CEO to resign.
The sole token liquidity to be pulled
now talks of a potential CTO.
The Towns Protocol announced its Towns token
is coming in Q2.
That is a Discord-like product, as I understand it.
And then just in this morning,
they launched their new token
launch pad it's called launch lab with custom token creation features you can adjust token
supply vesting cliffs a creator fee share and more and we've already seen some tokens launch
and hit a few million bucks over there so we'll see if they can take a dent out of pump on
all right so i think we start there, right?
I think that's kind of the bigger,
like, I guess, culture news or something
relevant to the show.
So tell me more.
But so remember,
we had this market for Marriott back then, right?
I lost on this market.
Because that's because the founder
at the time himself
said he was going to drop it
before April 2nd.
And I guess they,
I guess the market did take a big shit at the beginning of the month.
So it does make sense.
But tell me more. Because for me, you guys know
on the show, I'm always really
skeptical about PumFund competitors
for the reason like even Dex Greener
I'm not going to say they failed at it.
But nobody really buys on Moonshot.
But I don't want to call it a failure. It's not really popular
at say. The Ethereum ones
any other chain ones don't mean to throw shade. But they just it's not really popular, I'd say. The Ethereum ones, any other chain ones, don't mean to throw shade,
but they just haven't picked up as much as PompFont.
Not even 100.
So do you guys, let's have this conversation,
because, man, you had a big Radium bag at some point.
You were writing about Radium a lot, et cetera.
But Tyler, first, like, what do you think about this?
Like, what do you think about Launch Lab?
What's different?
Do you think it's going to stick?
Yeah, so let's talk about what it is first.
So Radium's new launch pad, it's called Launch Lab.
Tokens migrate once they hit 85 Sol directly to Radium AMNs.
They have some custom token launch features, including cliffs, burning, token supply, and more, along with the 10% creator fees.
If you go onto their site, you can actually see it is a pretty clean UI.
Onto their site, you can actually see it is a pretty clean UI.
And as a token launcher or a dev, you can easily adjust.
Again, that token supply, $1 billion to $10 billion.
You can adjust the bonding curve.
You can adjust the pool migration percentages.
And then vesting is another key component.
I think that's one of the biggest community feedback items against PumpBond
is that there was no token locks.
So that is now being adjusted here in this new LaunchLab.
From a look and feel perspective, it looks very similar to the PumpFun interface.
And I think the question is, are they going to be able to steal users? Are people actually going to use Launch Lab?
Or does PumpFun have a big enough moat?
Or just built-in user base that they're not going to switch over?
I think my read is people are going to trade the hot tokens wherever they're at right now.
And if Radium is able to create some momentum here in the early days,
they'll get some folks trading over on there. are you looking at the screen man though i'm seeing it now
i don't think he's going again are we epic two
are we are we are we launching epic two uh on that lab are you you no i think you've had your
fair for your fair Click on the launch lab
Go back, go back
No, I'm not clicking on launch button
No, no, don't launch it
Just click the launch lab
So now you can
Then go to advanced options at the bottom
And edit those
And now you can see how you can adjust it
Oh, I like that
Okay, guys
Okay, so for once
someone's trying to do derivative a pump front competitor but actually with you know
a little like some some good you know good product here it looks like um i like that you can change
the supply so you can pick how much soul is raised. You can pick the bonding curve, the vesting. Very interesting.
That's interesting, Tyler.
Okay, because before the show, you did say, like, hey,
there's already a couple tokens I made to the million or whatever.
So do you think this has staying power?
Because Radium is not just some random competitor, right?
Radium's legit.
It's a tough one, right?
I mean, Moonshot was the deck It's a tough one, right? I mean, moonshot
was the deck screener version of this, right? And they really didn't
generate a whole lot of success. So I think it is certainly an uphill battle.
I mean, I think if there is a team that could pull it off, I mean, Radium would be
one of the very few with how they're positioned with their own liquidity pools and amms right
and i do think that they have some nice product features here with these customizations and i
think that is an upgrade over pump fun i don't know if it's hard for pump fun to just kind of
mirror those features though as well right and just plug them in i mean they need to do that
it's kind of egregious they don't have the vesting yet i think that's been pretty much universally the biggest criticism
of the pump fund launches over the last six months um teams just want more control over
their token and rightfully so if you want real teams to use your token to launch use your launch
pad to launch their token that they need more
control over it i think that's pretty very fair um that's a big feature so if some real teams come
out and start using this then yes but i think the early the early weeks are very important
like they need to have some success and they need to have it soon or people are just going to forget
about this i see this time token now up to 4 million. 4 million used to be like, yeah, okay, we get this once every 15 minutes
during the peak meme bull.
Now, I mean, that's probably the top mover in the last 24 hours.
It's rare for us to get a – we're seeing a couple tokens a week
get to 10 million now.
So at 4 million, if that one keeps going,
that's going to spread some attention.
I think that's the only one that's crossed the million-dollar mark so far.
From a trading standpoint, I think people will try to go after those first tokens.
I don't really buy that narrative.
The whole first tokens on PumpFun didn't really ever do anything.
You had the whole archaeologist group who's going to go after those once a month,
once a quarter, and they'll
briefly pump. But there's
still going to be good memes at the end of the day.
Right. So you can't artificially
pump this stuff for that
long unless you're really just going to
try to manipulate it.
I also feel like
a big part of the people
buy tokens that end in pump because it's the ticker, the address, CA, and it's become kind of like a thing.
Remember back then, so it's become a thing to buy a token that ends in pump because I'm not saying that's the case, but you assume that it was a fair launch because pump fun is meant to be a fair launch.
Obviously, you've seen many people like insiders kind of accumulate
launch and separate the wallets,
et cetera.
But I'm just saying it is assumed that that's kind of also the brand of it.
So not only do you have to uphill battle on the,
on the popularity and everything,
but also on the brand value and the brand equity that pump fun is built for
So the ticker pump at
the end i think plays a huge play into that it does i don't personally care but sometimes i do
like i check my i was launched on pump then i'm assuming it launched to this bonding curve
but you know it could be bundled sniped all that bullshit i don't really you know i don't know
i mean i effectively like bought a honeypot on solana last year because i didn't i didn't get
the right address and like check that i had the right contract address so like
the there is value in that and now if you are trading these new launch lab tokens you're not
going to know right off the bat is 30 locked in a vest if you see it's trading at 10 cents you
don't necessarily know the market cap you're gonna have to check the token supply
so there is a little bit more delgis that will go into this because of the customization
okay we'll see if people want to learn or not looks like we're fuck pump funds about to hit a
million so yeah i mean you're gonna have these daily runners right now for that one amando
what do you think i mean you've obviously you've've studied Radium a lot back in the days.
And then of course,
like that really hurt it,
the whole AMM and everything.
And, you know,
now that they have Launch Lab,
do you think this product can stick?
I like Radium.
I like those guys.
I think it has surprised me
throughout the whole cycle
that there hasn't really been
a competitive department fund, right?
You would have assumed by a company that is literally just making hundreds of millions of
dollars there would be someone else who actually had like a reasonable challenge i would say radium
is probably one of the most obvious to uh to try yeah it looks like you know i mean chevier's friend
but it looks like a lot of people are starting threading on it.
Uh, saying that that could be one of them. So customized bonding curves, instant liquidity, broad distribution.
That's gonna be interesting. I mean, you guys are right. I mean, Radium for the longest time was kind of the house, right?
Uh, it was the, the main, the main liquidity. It was the only liquidity provider, poor provider for PumFund for the longest time. So I guess I agree with you both.
If anything, Radium is the one that can try.
Sounds like consensus on here.
So we'll see what happens.
Let us know what you guys think.
I'm really curious for the listeners.
Let us know in the comments, on the spaces, or in general, just tag us for a while.
Let us know what you think.
I'm curious to see what people think about that. What's up a part of the conversation is it's like where are we at in the
meme cycle and i think both of you traded memes a bit during the this the last when they were hot
right my gut read is you're not really trading much these these days right so it's still a pretty cool meme part of the meme cycle and granted
you're both pretty busy right now um even myself i always take time for i always bought a little
meme here and there um no i have no last time i tried to buy a meme it went down 50 percent
i was pleased um and then i always say i cooked that far coin trade not long ago. I bought like three,
four hundred mil,
three something,
but I'm just trading the existing memes.
Like I'll,
I rather trade far coin volatility up and down than trade some random meme.
But obviously being on the move doesn't help.
I don't know.
Mandel just launched it.
But for you,
like out of us three,
you're the one that's more tapped into the trenches.
Are you buying it? Like I, you bought house recently you bought a few but i don't see you even really
in and out of memes a lot i buy one to two a week i feel like i feel like there's there's one or two
like obvious spots per week right now yeah but i mean it's just low because you were doing that
per day yeah i mean i mean there was at the peak i was probably five to ten per day
maybe i was playing a little too loose but i think that is like this is not the time to be
locking and staring at your screen for 12 hours a day trying to find the runners i mean maybe
cupsy is doing that and a few others right but like for the more casual participant like this
is not the not the market for that all my friends that were trying to catch Jilly Runners and Taylor Frank D-Gods, they are all back to their jobs.
They're all back to, like, they stopped texting me.
Oh, yeah, yeah, brother.
George is probably listening to the show.
But what he did is, it's smart.
He actually, instead of chasing fucking memes, he bought the dip on Bitcoin with however money he could every dip.
Like, from 74K and up, he just kept buying Bitcoin instead.
That's all he did.
Nothing else.
Not even solar ETH.
Literally just Bitcoin.
And I think that's the best thing he could have done.
And I think that's the...
Like I have a normie friend that texted me when Solano went to 1500 and Bitcoin was 74K last week saying,
Should I be selling?
I'm like, brother, you should be buying.
Because he actually has quite a bit of money himself.
And I think a lot of normies this time actually caught it
because we talked about this yesterday, Tyler, right?
Bitcoin is getting more adopted and accepted.
And I think people are more inclined to buying Bitcoin
than buying just meme coins.
Speaking of meme coins, Trump, I don't know if you guys saw that.
I saw a dev pulled out some liquidity or something.
On the other day, was that right? Hold on. I don't know if you guys saw that. I saw that Dev pulled out some liquidity or something. Oh, no.
They was... Was that right?
I didn't see that.
They bought Unlock.
They did the Unlock.
There you go.
I'm going to share the screen.
I would like for someone to verify.
But here, it was this.
Trump Dev pulls $4.6 million USDC from liquidity pool,
then Bridges through Ethereum buys $4.6 million worth of ETH.
I guess that's the only bullish narrative theorem's got for it right now.
When did that tweet come out?
This happened 11 hours ago.
Yeah, it was this morning, 9.48 a.m. my time.
It's now 4 p.m.
So it was like 3 a.m. Eastern when that happened, Tyler.
If the reporting is right. Oh, yeah, it's look on chain. There you go. Here, on chain. Eastern, 3 a.m. Eastern when that happened, Tyler. If the reporting is right.
It's look on chain.
There you go.
You can't really.
It deposited it.
So it bought ETH, then it deposited the ETH to Coinbase.
I mean, the token's up 3% today.
So the market kind of has shaken it off to a degree.
It's a weird move.
I mean, it's going to make people a little jittery
ahead of the Friday unlocks.
So that's the big story for this token
is you have your first unlock event happening on Friday,
$300 million in potential sell pressure is coming.
It's the first big test.
We talked a little bit about it on underexposed.
Are they going to be able to pull out a way to pump
this unlock if they do I think you might actually be able to find some
buyers there's been no buyers of this thing for
I think they're going to buy ETH clearly bullish ETH
the wild card the wild card with my tinfoil hat on
tinfoil hat time folks we just got this we just got this story that they're
going to launch this monopoly crypto game which is if it's absurd on the headlines but of course
it honestly just feels so in line with everything that trump has launched over the last couple
years he's done the nfts he's done the memes um so launching a monopoly style game feels right
you know right in their wheelhouse, to say the least.
I love it.
I love that.
What if they incorporate the Trump token?
What if you have to buy properties using Trump coin as a potential sink?
I don't know.
That would be great.
The odds are low, but it would be interesting timing, right?
Right after the first unlock to announce something like
that um eric trump is speaking in dubai a token okay i don't know if you guys saw that because
usually it's either like the zach chase or the other zach the conferences but um eric trump's
coming to dubai for token 2049 i'm curious i'm gonna make sure i go to that talk but it's probably
gonna be packed but that's why it's going So Trump's latest crypto venture will be a real estate video game.
Hell yeah.
Gaming NFTs.
Web3 Gaming.
There you go.
Hey, Mando, this is the bullish catalyst that Web3 Gaming needs.
We needed the Trumps involved, didn't we?
That's a banger of a tweet.
I'm going to shoot a quote tweet, Tyler, instead.
Web3 Gaming is so back.
There you go.
Sorry, that was a banger. I had to tweet that out.
Tomorrow you can tweet
Trump Monopoly NFTs.
Trump Monopoly NFTs, yeah. And the other
thing I saw, sorry, I want to go back to your topics, but
there's just a lot else I picked up on.
Tiffany Fong.
Guess I watched it, Jordan.
Amanda, you didn't see that one, did you?
Was that actually true?
Was that a troll?
I don't know.
It looks like, you know, crypto has fully penetrated the mainstream audience.
It looks like Elon Musk asked Tiffany Fong to be one of his baby mamas.
And she respectfully declined because she wants to have, know, like most people like a proper nuclear family
And then yeah, it looks like you know, it looks at it worked out
And then the polymorphies are bring it up because polymarket had the thing on it
And then Vitalik replied and polymarket said that she was in on it. Did you guys see that?
Oh, I know that she was in on it Polymarket is going see that? Oh, I didn't know that she was in on it.
Polymarket is going a weird direction with some of these lines.
I kind of agree with Vitalik.
Like, do we need a line on Tiffany Fong getting pregnant?
It looks like she was in.
Like, literally, they say, here, let me,
the reason why I'm bringing up is relevant to Ethan,
everything we're talking about.
So they had this on February 17th, right?
Rumors are swirling that Tiffany Fong is pregnant.
Well, she denied the rumors.
There's an ongoing speculation.
She may secretly be dating Kanye West or Elon Musk.
Do you think a baby's coming?
And 11 hours ago, Vitalik goes,
for what it's worth, I personally think this is tasteless
and violation of a person's privacy and dignity.
But then Polymarket replies, she was in on it.
I'll accept a 30X long ETH with the entire foundation budget
as an apology, apology Cheers and retardio
So there are things she was in on the line
So it's not that much of a privacy if they asked her, right?
Yeah, I mean if she's on board with that, who are we to
Who are we to be talking about?
The resolution source will be statements from Tiffany Fong or her representatives
So is that resolved then?
Has she, like, she hasn't talked about this today.
It happened my morning.
I mean, yeah, I don't think it's resolved yet.
It won't resolve until June 30th unless she is, like,
officially confirmed pregnant, and it doesn't seem like she is pregnant.
Yeah, I don't know.
She's not.
the funny twist is that I saw,
this could just be speculation.
She's one of those creators that Elon like cooks the books for her payments.
So she got like a 21 K bi-weekly.
Not anymore.
Not anymore.
That's the thing.
What I'm trying to say is he unfollowed her a few weeks,
months ago,
and then her things got slashed.
She lost some income there.
I don't know, man.
She's like asking Ashley Sinclair for advice.
This is just very messy.
So that's the thing.
Apparently she asked Ashley Sinclair for advice, and Elon was really pissed off that she shared about it,
and then he unfollowed her and then slashed her income.
It's always reported by Wall Street Journal,
which also reported that CZ was snitching on Justin Sun.
So, grain of salt here, but, man, never a dull day on CT.
So I just had to go there because it's relevant.
Also makes a good clip for our intern.
But I'm really curious here.
You know, I don't know.
It looks like, man, Vitalik is really getting hammered on.
This is a real picture?
Is this actually Vitalik?
Is this actually?
No, that's not Vitalik.
I don't think so.
That's a real photo, but it's not Vitalik.
You know it's a real photo, man, though.
I've seen that photo before.
Except for my wolf.
Oh, my God. Anyways, all right. Moving moving on tyler what else do you have for us yeah i mean that was uh a few of the bigger ones for for sure there um kaido that's the bigger one
tiffany phone may be impregnated by you on musk well just the trump monopoly and launch lab
trump monopoly and launch lab were two of the big stories. It was a quiet day, guys.
It was a quiet day, and it's probably going to get quieter.
Yeah, a quiet day.
A quiet day.
One of us, one of our KOLs, you know, reportedly, you know, getting asked by the richest man
on earth to be a baby mama, you know?
By the way, shout out to Tiffany Funk.
Whether, I don't know if it's real or not, but she's cooking, man.
She's fucking cooking.
She's definitely cooking.
You have to consider that proposal
from Elon, I think.
I mean, yeah, but this is what he does.
He literally did that with Ashley Sinclair.
And she shared screenshots of
texts with him.
It's a longer conversation.
And he followed her, and then he followed her.
I mean, tinfoil hat, right?
Like you said, we should have like a... Oh, roadcaster i have the sound for the x files i can't wait to
be back to my roadcaster anyways quickly yeet.com it's uh it's pin on fomo hour you have to join
yeet.com using fomo hours code for sure and you have on rafflebot.xyz you have to put your username
make sure you copy and paste it right blah blah anyways all the rules are in stated we're going to post them every day okay guys
five days a week we'll post the rules but the code today is yeet it y-e-e-t-i-t yeet it is the code
uh today we'll get to that in a little bit talus surely you have more you said something about
kydo yeah i think this this is perhaps a conversation a little overdue i'll share the news and then maybe we can have a little bit of a discussion
but the news here they announced a change to kaido connect where users instead of assigning votes to
projects that they want to see move up those leaderboards now they will assign their yaps
and or staked kaido tokens to projects instead of those votes. Now, what users will get in return is a boost to their mindshare percentage.
So let's say Myriad is in the Kaido Connect program.
Previously, I would just be assigning my votes to it.
I'd get those votes back after a week or if Myriad won.
Now, I have the option to effectively buy Kaido tokens.
I have the option to effectively buy Kaido tokens.
I could buy unlimited.
I could buy unlimited.
I can assign all of those to Myriad.
And then I, in return, any tweet I get, any tweet I give about Myriad,
I will be boosted on that Mindshare board.
So I can propel myself effectively to the top of protocol Mindshare boards now.
Which, if I which if you are,
if I know that you are doing a creator reward program,
perhaps I will get some funding back or rewards back.
So that's,
that's why I would potentially do that as a user.
And we've seen some,
some fairly substantial ones,
So like Wayfinder just did their creator program.
They targeted emerging appers
so those with like less than 100 yaps or less than a certain number of smart followers some of those
folks got 10 000 prompt tokens you know two to three thousand dollars um just for for writing
some tweets and there's been a lot of protocols who have done that i think the the pushback so i
understand why kaitido is doing this.
They're trying to find new ways to operationalize their business,
to get perhaps more by-pressure for their token,
which has been on the decline.
But the flip side is, are they just ruining their mindshare metrics
with pay-to-play?
Previously, it's been kind of these like,
It's like the same handful of accounts are getting up the leaderboard on a
lot of these protocols.
And I think most people on CT may not even know who they are.
So it's been messy,
I think there's been a fair amount of unintended consequences.
And I'm curious if you've seen this as,
as a protocol founder,
I think Myriad very well could be a protocol in contention to go on a
Kaido program like this.
Like what,
like what's your tag?
do you feel like it would be,
would you get the right coverage?
Are you concerned about this like fake yapping?
I feel like I'm really torn because I like Kaido and I like you as a founder.
And actually, I'm down to cook with them.
And I just saw someone made a whole list the other day.
I forgot who.
Someone posted an entire list of all the Mindshare tokens.
There's like two of them that seem legitimate to me.
It looks like a bunch of mantras on there. So there's like two of them that seem legitimate to me like it looks like a
bunch of mantras on there so there's that and then there's uh like sofon is legit on there right for
example it's a homie of mine great l2 etc um there's that and then there's the fake yapping
is like why would i we the foundation gift tokens to people who I know are just going to literally just dump it the second they have it?
And either way, like, I feel like this is for people who don't believe that they have a good product or need that distribution.
Like, for me, like, we own Rug Radio and Decrypt Media.
And we have, like, you know, we have this show and, fuck, like, we do so much shit, right?
And then I have a whole referral program going out and we're going to be working on a bunch of creators.
So I guess I don't need it as much.
So I see why it's important for smaller projects.
But from our perspective, I don't know.
I'd rather keep the token allocation for like, I don't know, like these, for example.
Just things transparently.
Or like a bunch of like ICOBs, for example.
a bunch of ICOBs, for example.
Stuff like that.
Stuff like that.
Then just people are going to write
posts about us
that don't even use the product.
Does that make sense?
I've spoken positively
on this show quite a bit.
At the same time,
I think they have good intentions
with a lot of what they've been doing.
I think they are good intention builders. Everything they what they've been doing. I think there's been some unintended consequences. I think they are good intention builders.
Everything they do is with good intentions.
But when there's capital, we see this in crypto all the time.
When there's real capital on the line, people are going to game it.
And now you've got these folks who are treating it like a full-time job.
They are just going to write chat GPT-generated tweets about all these protocols
because guess what?
They can spend an hour a day and maybe get 500 bucks a week,
thousand bucks a week. Like that's, that's a great use of your time.
I mean, that's a great hourly rate, right? Yeah.
And so that's the incentives. And now it's kind of,
it doesn't impact their broader mindshare board.
So like there's like the, the CT mindshare and like,
it's got like vitalik at the
top like merch at the top yeah but then at the protocol level it gets messier and i think
their broader audience is conflating those two and now just kind of calling into question like
the merit of the entire product um and like can you even trust their mind share data now? Is it all just too gamed?
So I've seen you
who addressed that to a degree.
I think it's going to continue to be an ongoing...
All these social incentives
are always going to be game, bro.
By the way, what happened to our quacks?
They're still coming, and we're on the top 10.
What do you mean they're still coming?
You and me, top 10 quacks.
So we want to root for those quacks.
Okay, sure.
But you know what it is though? Again, top 10 quacks. So we want to root for those quacks. Okay, sure. But you know,
again, social media hat on,
I've been doing social media for 15 years.
Every single time there's this incentive mechanism
for doing social media,
it's always going to be one,
one, games,
and two, end up being low signal
because there's going to be a lot of people.
So Kaido for the first few people,
You, me, Ansem, big airdrops, and people. So Kaido for the first few people cooked you me on Sam
But I would have a big airdrops and then small frantek for the big dogs. We all make it made a fuck a ton of money at first then
Can I died off fantasy top same story?
Like all these social intent incentive reward mechanism apps are always gonna be the same thing and then they're gonna dilute it to zero
Right, and I don't mean that Kairos is going to zero.
But what I'm saying is,
unless they figure a different way,
then it's going to be really hard
for them to maintain this, right?
No, I agree.
So that's just a story of social media, though.
It's always the same shit.
Everyone's a creator, right?
And if everyone's a creator,
then nobody's a creator.
And so this is what the iPhone did to photographers.
You still have the people that are better than others.
And this is what internet did to podcasting.
Everyone's a podcaster, right?
Including us.
So it's true.
Anyone can pick up a fucking iPhone with internet and become a podcaster.
No, but then you have the Kaisenots and then you have the million kids that trying to be
him and won't work out.
So same thing with Kaido and the Seaopers.
You'll have on some level influencers. You have people like Mido and the Seaopers. You'll have on-site level influencers.
You have people like Mando and you that create crazy minutes.
And you have the people that are going to try just for farming
and just collect tokens and dumps.
So as a founder, I'm not interested in those people, right?
I'm interested in people that are actually going to build
a meaningful relationship with us that are going to build for the future.
But if I want to launch a quick RWA L1 based out of Dubai,
and I intend on dumping
my token 92.5%.
Damn right, I'm going to use Kaido and all
these people and quickly raise
the floor on
my chain, raise more money
from A16Z on these
metrics and then play the game.
So there is that
game. Where it's still interesting
is when there's not incentives.
So like looking at like who are the top 20 people talking about prediction
markets right now.
Because there's not a whole lot of incentives that like public incentives
out there to be doing so.
So like finding that list.
And then as you think about maybe doing some type of a marketing campaign,
rollout campaign to like,
you guys already established that you
can lead Mindsure in this
talk about Myriad or have you used Myriad?
That's an avenue.
Someone's saying Farouk, no love
for farmers. No, I love farmers, but I prefer
the farmers that use my product, not the farmers that
talk about my product.
I'll reward the people
walk the walk rather than people
yap the yap. Anyways,
we have 10 minutes left.
Shall we get into it? Or did we
have something quickly to
cover, I think? We're rebounding
a bit. I think that's it. So, Bitcoin.
Let's go. We're about Easter pump, boys.
Easter pump. There's not going to be a show on Friday
for everyone, but we are hosting a show on Monday.
But, you know, Friday is off here in Portugal.
Thank you for understanding.
They took the whole fucking week off here.
Let's do this raffle.
All right.
Lamb chop.
Let's do some lamb chop.
Of course I use Myriad.
I use Myriad every day, motherfuckers.
Hey! Let me unshare here because maybe they can't hear dripping. These dripping DS dripping.
These dripping DS.
Are you here?
Are you here? Are you here?
Is he here?
They have to be live, right?
We did say that Sims yesterday.
That's the whole purpose.
We did say that.
The whole purpose of this is if you're not live, we're re-rolling because we're trying to get him.
It's going to re-roll.
I mean, they're not wrong.
He's not here.
And the whole purpose is to gain users, listeners. We're not going to give money away every day if you're not wrong. He's not here. And the whole purpose is to gain users, listeners.
We're not going to give money away every day if you're not listening.
We double down on the rules this morning, so people should have seen it.
That's the rules.
It's a reroll.
The rules are the rules.
Let me add you on stage again, Sims.
Go for it.
Pick Diego.
Pick Diego. Love that. You're on stage again, go for it And okay, k trl and then N-O-K-K-T-R-L-N-N What's that NFT?
I think Cobbies
I'm so good at this shit
Bro, I know every single NFT collection from last cycle
The dripping D's is actually DMing
Saying that he's here
So Knock guy is here He wasn't here, bro the dripping D's is actually DMing saying that he's here.
Knock guy is here.
He wasn't here, bro. They're saying he was in on Rec Discord. The Knock guy just
won. So, we can discuss
after the show whether or not
we want to give him tomorrow's roll. But for
now, we have to go to Knock because
that's just the rules and we re-rolled and he wants
we don't want to take away from him. Anyways, what up, Knock?
Can you hear us what up what up
congratulations can you hear me
how you doing
doing well
doing well i just dropped the kid off at school
so i'm just parked on the side of the road.
Sorry, you can't hear me very well.
All right. Make sure you're parked. Question. Can you see us?
Um, I could have possibly in just a minute. No, I can't. It'll be a second.
Okay. So we should do Lime Chop like yesterday. We're giving him 500 and he gets two rolls at 250.
Or Tyler chooses what to do onime Chop like yesterday. We're giving him 500 and he gets two rolls at 250, right?
Or Tyler chooses what to do on Risky Click.
Or Tyler chooses what to do on Risky Click.
Let's try Risky Click today.
Let's try a different game.
Let's try a different game today.
So how this game works is you just choose something.
You should maybe do it like $1 just to show how to play it.
Okay, so we'll do it for us with $1. Just press X on that.
Best way to explain it to Faroque is
it's a football hacker.
So you basically, your bet will keep going up
and it'll roll over the more that you click.
And it's something in Web3, right?
So let's say I'll do like
take your salary in Bitcoin with $1.
You get 2X if that happens, right?
That's a 2X.
Let's do 27 cents.
So because it's a play. All right? That's a 2X. Let's do 27 cents. So, because it's a...
It's a play.
All right.
So, we're trying that.
But it's an accumulator that way, right?
So, you pick a different tile.
I like this.
All right.
Well, Nock, are you with us?
Still am. Okay. Can you with us? Still am
Okay, can you see us now?
I can't quite see you
I could probably get on the FOMO hour
I just don't want to lose the stage
If he can't see
Time to pick a number between 1 and 9
Oh, I have a 1, 2, 3, 4, 5, 6
The higher the number, the more risky it is yeah, the higher the number the risky
So the way we're gonna do this is you're gonna pick a number between one and nine the higher the number the riskier your multiplier. Do you get us?
I do I get that perfect. So we're gonna you you already banked just so you know, you already pocketed $500
So congrats you already have $500 that you for sure won in USDT.
And you're going to have two $250 runs.
All right.
So let's see.
It's up to you to decide when you want to stop and how much you want to miss.
But just so you know, you've already made $500 taking the kid to school.
That's awesome.
All right.
So pick a number from one to nine.
Let's go six.
So one, two, three, four, five, six. So short,
start a short quiz. That's a two X. Let's see. Oh, don't worry because like I said,
you've already made 500 bucks and you do have another run at $250.
So pick a number between one and nine.
Let's run it again.
Six again, please.
Oh, hey-oh.
All right.
You're eating a pump fun token.
That was a rough ball because even one and two didn't even.
That was rough.
That's a rough ball. Oh, yeah. Wow. in. That was rough. That's a rough ball.
Look at that.
Wow, wow, wow.
That was a tough one.
Hey, Noc, that was a lot of fun, brother.
Thank you for coming.
Congratulations, though.
You still made $500.
So we're going to send you the $500 this week.
All right?
We want to bring up the other guy.
I appreciate it, guys.
Thank you so much.
To bring up the guy who was maybe. much To bring up the rec guy who was maybe
So what then you're not going to run it tomorrow
I'm not going to run it tomorrow
This is an extra person
I mean listen you're the one
Funding it
Who was that
That is some serious rec guy
Privilege right there
The difference
Is that we have the boss on the show
His name is Dripping DS
He's here dripping these nuts
I mean bro
Listen he's got Rug Radio Reg guy in his bio
Listen listen
That was Mando's executive call.
He wants to give him the $1,000 I'm in for.
What up, Dripping Dees?
Can you hear us?
He's here.
He's on stage.
He's here.
He's on stage.
I mean, we can play for him.
Give him the one, two, three strap.
What do you mean?
He can't even say anything.
I mean, he's on stage.
I'll say it for him.
Oh, I hear him.
All right. Dripping D's.
I had it on mute. My bad.
You're good. So you already made 500 bucks, but now you get two picks at 250
So pick a number from one to nine nine being the riskiest
Let's go in the middle
Four it's well force close enough
One two three four. All right bridge
It should be easy.
So, you've already
1.5x the 250.
Pick enough. I mean, you can cash
out $375, or
you can pick another number from 1 to 9.
1, 2, 3, 4, 5, 6,
7, so 2.5x.
Oh, that's going to be risky.
So, I never understood this game until now.
I love it.
That's a big one.
That's money.
You're up to $937.
You can cash it out or keep going.
I'm going to buy some Epic.
I'll cash out.
Hey, good choice.
So that's $937 for you. I'm gonna buy some epic. I'll cash out. Hey
$937 for you
On top of the 500 and you also get another
He gets another go so pick a number again between one and nine you get another go
Gotta go max
Number three. Okay. Okay. I see that. I see how he's going this time. I see he's gonna take it slowly
Let's go number three Number three. Okay. Okay. I see that. I see how he's going this time. I see he's gonna take it slowly
And this motherfucker is good. All right, so you're up to 350. Do you want to go again one tonight?
Let's go. Let's go. Uh-oh. We see a few of those in a chat.
This guy's on fire.
So you're at $524.
You want to go again?
One to nine.
That's plus that
$100, right?
You've already made
that's in your pocket, right?
So you've already secured
like $1,450, something like that.
That's what it's secured.
Now, the second run, you're at $524.
So you can even cash the $524 or gamble
You gotta keep going, brother! You gotta keep going!
You gotta keep going!
The lower numbers are safer. 524 or gamble You gotta keep going brother You gotta keep going You gotta keep going Let's go
Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go
Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go Let's go
Let's go Let's go Let's go Let's go Let's go
Let's go Let's go Let's go Let's go
Let's go Let's go Let's go
Let's go Let's go Let's go Let's go
Let's go Let's go Let's go
Let's go Let's go Let's go Let's go Let's go Let's go
Let's go Let's go Let's go Let's go Let's go
Let's go Let's go Let's go Let's go Let's go
Let's go Let's go
Let's go Let's go Let's go Let's go
Let's go Let's go Let's go
Let's go Let's go Let picked like fucking eight. Let's see. My call is eight is the one
Let's see. I'm picking it. I'm picking it
Seven six and seven
It's okay because you still made quite a lot of money. He made
1400 something let's call it fifteen hundred dollars and our last winner made what? Oh, he got rugged on both.
So he made $500.
So we've given away another $2,000, guys.
So that's two days of surrounding heat.
And you've already given away $4,500.
The boys will run their giveaway tomorrow.
I won't be here.
Actually, we don't have a show Friday.
So it's good that we rerun, Mando.
What do I think?
Smart choice here.
Smart choice.
The boys will be here.
I won't be here.
And Friday, no show, y'all. So personally, I will see y'all Monday. But the boys will be here. I won't be here on Friday. No show
Y'all so personally I will see on Monday, but the boys will see y'all tomorrow morning
Penny I'm Easter Standard Time for the episode of FOMO hour on rug radio. Let's go Thank you. Oh, my God. Thank you.