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FOMO HOUR: PUMP FUN TOKENOMICS
Recorded: July 9, 2025 Duration: 1:00:30Space Recording
Short Summary
In a dynamic crypto landscape, Phantom has launched a new futures trading product in partnership with Hyperliquid, while major players like Robinhood and GameSquare Holdings are pushing the boundaries of tokenization and corporate investment in cryptocurrencies. The market is witnessing significant growth as institutional interest in ETH and innovative projects continues to rise.
Full Transcription
Thank you. There you go
There you go
There we go
We are
We are unmuted by the way
We're going to have to start with that
Very liquid
Very fast
Damn
Damn Let me get Sims on the show What up y'all very liquid, very fast. Damn.
Damn. Let me get Sims on the show.
What up, y'all?
What up, what up, y'all?
What is it saying? Team 20%. No, no, no. Ecosystem fund.
Community ecosystem. Existing investors.
Pump fund token looks alive.
Let's go. I'm going to just retweet it.
Let me share it also
to these motherfuckers.
Let me share it. Alright, Sims, kick it, baby. Let's just
talk about this shit.
... ... ... ... Thank you. I yo yo yo yo yo what up what up good morning good morning gmg
wednesday july 9th 2025 look at that another beautiful day to have a beautiful day.
I got my co-hosts in the house.
Let me change the title of this topic.
Pump Fund Tokenomics.
Let's get some people in.
Tyler, good morning.
How are you doing today?
I'm good.
It's been a busy morning.
Starting on the market open, some of my favorite ETH corporate treasury stocks were popping.
Bro, Tyler, you're just going to make a billion dollars.
Right before the show.
Just now, yeah.
On economics.
This was arguably the biggest missing piece of information that we needed.
No more.
Now we have it.
We have it, and we may as well just get into that, right?
But anyways, we'll get into it in a second.
So we'll go through the market.
We'll go through topics.
We'll go through a giveaway, which, by the way, yesterday was a fucking riot.
We gave away $2,000 to a single winner, which is fire.
So congrats to you.
So we'll make sure that someone else wins today.
So make sure you get on our DJ's live stream on Kik if you want to win the money.
The code today is PUMP, P-U-M-P.
I think it's very fitting.
Good choice, Sims. You love to see that. And then last but not least this show this show 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 that blue logo it's everywhere
an icon of trust in crypto is recognizable as visa checkout want to learn more follow wallet connect
on x and telegram to stay ahead of what's next or listen back to yesterday's show. Pedro was on the show yesterday talking to us about some stuff they're doing.
So if you're on Solana, if you've used any of the top dApps,
there's an airdrop of Wallet Connect happening right now.
I don't think the official link is live yet, but make sure you're eligible.
You probably have some free money coming your way.
But we're also powered by Kraken Pro.
With Kraken Pro, you get full control over your layout,
drag and drop any module, customize it all.
It's clean, it's smooth, and both traders, real traders. If you trade crypto,
check out pro.kraken.com and trade without trade-offs. Tyler, before we get to your whole
segment, we may as well just break down this latest pump on news because I also made it the
topic of the show. And I don't want to mislead the peoples uh over here so it appears um here
it is so it appears that we just got some more news lads we were talking about behind the scenes
about how to approach this um and i'm dude i'm telling you did this this could cook
this this is it community initiative so it doesn't mean it's an airdrop, but it's going to be interesting. It is an airdrop.
Is it?
So let's take a look.
Tokenomics and vesting schedule is what came out just now, tweeted by DB210.
Looking at the tokenomics, 33% to the ICO.
That should not come as a surprise.
Actually, let's back up.
How many tokens did we think were going to be sold in the ICO?
And if it's $600 million ICO at $4 billion valuation,
what's $600 million of $4 billion?
That's a quick math.
Whatever that is.
This is making me think that there's only going to be $450 billion tokens, or else maybe
we'd have some wrong information. We'll come back
to that in a second. 33% to the
ICO, 20% to the team, 13%
to investors. Investors and team getting
a third of this. Community and ECO
getting 24% at
20. That is interesting because
that's probably where the airdrop
would come out.
I think what else is interesting here is
the live streaming, getting 3%.
So Gainsey's
eating. So is
Rasmur.
Maybe even Dan Sanetti, Little Eddie.
Go to the next image
here,
which is also arguably more
interesting is the unlock schedule.
A huge chunk of this is
unlocking at TGE. It looks like
around 55% roughly.
We don't have the exacts
including the entire
ICO. So that
pre-sale, your tokens aren't going to go live, so there's not going to be a lockup. So that pre-sale, your tokens are going to go live.
So there's not going to be a lockup.
So that was a key question answered here.
It looks like liquidity unlocking, of course, foundation,
the live streaming is coming out right out of the gate.
And then out of that community and eco bucket,
it looks like roughly a bit over half.
I'm going to guess like 15% out of the 24% are coming at TGE. And to me,
that seems like an airdrop. Yeah. So existing investors start vesting here as the dark green.
So you're 26 July. So it's in a year. Yep. So team locks up. That's because you have to in the state. It's like a standard 12-month thing, by the way.
Team invest, yeah, that's standard, by the way.
And it appears that initial coin offering
is 33% day zero.
That's kind of nice.
Liquidity and exchanges day zero,
foundation day zero,
live streaming day zero,
ecosystem fund day zero, and then the, live streaming day zero, ecosystem fund day zero,
and then the community
ecosystem is over a year. So it's
day zero, but there's more and more unlocking over
the year, you see? So day
zero, you're going to have about
of the token.
If you're 50 here,
about 55% of the pump fund token
is going to be liquid.
So it's not going to be low float, high FTV.
In fact, the opposite.
Which is kind of the newer model.
We've seen these teams going, and I think in general we like that, right?
It's good to get more of the token out.
You have less overhang.
I think this is broadly pretty positive.
What I'm still wrapping my head around is the total token supply,
which doesn't necessarily matter.
Isn't it a billion?
It's $150 billion.
Oh, it's a trillion.
Sorry, a trillion.
A trillion.
It was a trillion, no?
Yeah, but that would have assumed the pre-sale was 15%,
and now we're saying that's 33%.
So unless there's a different aspect of that ICO that we just don't know about, right?
That would put it at more like a 450 billion token supply.
So I think a couple of open questions still, but this goes a long way.
And I think my initial read on this is it makes it more of a buy for me.
Yeah, I mean, I've been saying that.
I think consensus is usually wrong on Twitter, X, whatever you want to call it.
And I think that all it takes – like this is what we were talking about this morning in the chat.
And Mandel, I'm curious your thoughts on this because this just came out.
But whether you participate or not,
I think the first dip is a buy because I think people are going to pass short
and all they,
all they have to do is the one little flywheel announcement and those shorts
are blown out.
And I have a very,
very,
very,
very hard time believing that the utility token,
it was word for word.
The gate that IO before it was taken down said utility token, it was word for word, the gate.io before it was taken down said utility
token, that this utility token won't follow the likes of like a hyper liquid or everything we've
seen before with a flywheel announcement, or at least some sort of an announcement, because this
is what would take it to like a 10X NFDV, right? Nothing's going to 10X NFDV, I was just, that's
what could take it to 10X NFDV if the revenue, of course, keeps flowing through. But they can fix that revenue with everything they're doing,
with community initiatives, investors, streaming, et cetera.
So there's a lot of interesting things to take out of here.
And I guarantee you, Tyler, if I were to remake my poll,
which had 84% of people saying they won't participate in ICO,
we'd see more of a 50-50 here.
So I think I should repost that. But Mendo, this just in. percent of people saying they won't participate in ico we'd see more of a 50 50 here uh so i think
i should repost that but uh but mendo this just in we we didn't go through anything yet we just
went straight into this because this came out like as the show was starting uh what do you what do
you what do you make of this pump fun tokenomics uh seems fine right seems seems kind of standard
if I were to guess
it feels like they may do another offering
with the amount
really
to community and initiatives was that
well that could be airdrop that could be
initiative
so the thing is they're going to do another one down the line I reckon interesting You haven't seen initiatives? What's that? Well, that could be airdrop. That could be initiatives. Right, that's what I mean.
So the thing is, they're going to do another one down the line, I reckon.
Interesting.
What this points to is multiple
airdrops to me. When I look at this,
given
56% is
to community,
essentially, and they've given out 33%,
my guess is they may do a another
airdrop or token offering down the line um everything else seems kind of standard
20 percent team yep seems about right 30 percent investors well they probably got one for one which
means they probably raised 30 percent market cap basically basically. And 3% is streaming.
Gainzy's getting some coins.
Dude, Gainzy may be back here.
I was looking at the timeline.
I saw Gainzy
post.
Oh, look at this. Wait, they just posted something.
There you go.
Let's look at this video.
You get to hear it, right?
Welcome to the Crunchpad for your dreams.
Oh, this is for you.
This is what they want.
Yep, memes are actually a pretty good measure of what people are interested in at any given moment.
An idea people can collect and buy into.
I need to get going now!
Here, it's a free exchange of ideas.
People stream to build hype.
A battleground of balls. Bang!
Anyone can use pump to build whatever they want.
It's more than means.
Ideas that haven't even been dreamed yet.
Projects that can change your life.
Maybe even the world.
Wow.
Bears are so fucking wrecked right now.
I may have to ape this ICO.
Their plan is to kill Facebook, TikTok, and Twitch.
I love it. On Solana.
So also confirmation that they're not going to be
on Solana. Yeah, everybody's trying to
speculate that Solana's fuck with this pump thing
and pump chain that. Like, this is not happening, guys.
I'm curious
what you guys think in the chat, if you're listening
on DJ's live kick. Go to
kick.com slash DJ live. We're showing everything
on video. We love the chat, right?
Oh, we can't see on screen anymore. Hold on.
I can't see on set. We love
with a video display with sound. I'm on the see on screen. With a video display with sound,
it was pretty good.
Yeah, I mean, what do you think?
This is pretty good.
I mean, they'll do their own chain down.
I wouldn't read too much.
I don't know.
I don't think so.
PumpFund quickly became the fastest win company in history, reaching 100 minutes.
This is going to be a very interesting few days, guys.
Wait, is this weekend?
It's this Saturday.
Fuck.
And I think it's going to sell out pretty quickly.
The only open question right now is Flywheel.
One trillion tokens, by the way.
Confirmed here.
How are our coins doing on this?
Are we selling off?
Not too much.
No, we already sold off.
It feels.
So that's good.
But I mean, we sold off,
but this is like the final official confirmation.
This is great.
The airdrop is a missing piece,
but I still think it's in that bucket.
Yeah, so here's the KYC details.
So they are launching it on their own page.
So you can use one of their partners.
I think that's for non-US people, probably non-euro for a lot of these.
It is KYC required.
Yeah.
It's also going to be on their site.
So you do have to KYC on PumpFun as well.
Yeah.
If you're doing it on there.
So this is interesting.
Should be expected for an ICO.
Absolutely.
Of course.
You're not trying to.
This is a good threat.
Well, Tyler, we were saying that the longer they stay silent, the worse.
But this is pretty loud.
It's pretty loud.
They've got a clear incentive for the streaming bucket, which I think is going to continue to drive attention.
I think we'll see more people streaming.
3% allocation to a $4 billion token
is pretty big.
They blocked VPNs.
You can tell my screen.
That's $120 million for streamers
at $4 billion.
Over time though, right?
So it's comedian.
Is a streamer right away?
It unlocks a TG, but what we don't know is that an airdrop to streamers right out of the gate,
is that just a bucket of tokens that they're going to give out over time?
I would guess it's the latter.
But that's going to be big.
That's an attention lever.
They're laying out a bigger vision.
I don't know.
I like it.
I think the bull case is kind of a bit stronger.
My wheels are spinning.
I'm just trying to think of where am I?
I'm going to pull some funds.
This is a buy the dip situation.
What do you think, man?
Are we buying this thing?
Is Mando, is Canary Labs?
It's going to go on.
The FDV4 bill, like fully diluted valuation.
Like, we looked at everything else yesterday.
Like, Hyperliquid is like 40 billion FDV.
What's its current market cap?
How much is going to be available to trade on day one, Tyler?
55%.
Around 2 billion, a little over 2 billion market cap.
Brother, it's going a lot higher.
What's the thought process behind that, Mando?
2 billion.
There's enough of a bull case that people will come back to it.
I think the airdrop is okay.
Stream is winning. I don't okay. Stream is winning.
I don't know if,
I don't know if stream is winning
is really that fair.
Do you not think that's kind of strange?
That's the one thing I'm like,
well.
How many streamers are there
even on there?
Right, exactly.
So it's like,
everyone got completely wrecked
on Pumpkin and were given
money to the streamers?
Well, well, well, well,
there is a community allocation
of 24%.
We don't know what that means,
but yeah,
I do see where you're coming from.
I feel like...
I mean,
that's just
for the future ad drops, right?
I feel like if you create a coin
on PumpFun,
you should also get something.
Or like if it,
or let's say
created something
and it was over
a specific amount of time
like it did well,
you know?
It's hard.
How do you avoid
like the
major
production factories that just launched
and rode coins every day?
Yeah, true.
It's all tricky.
It has to be a coin still above 1 million.
Yeah.
Free on the street to Gainsey.
Gainsey's back, dude.
Gainsey is so fucking back.
I Yeah, back. I...
Yeah, dude.
I mean, I said two days ago when 84% of people said they're not participating,
it's probably going to do well.
And I'd like to double down here.
This is going to cook.
Our coins are actually bouncing.
That's not bad.
Our coins up a bit.
Thank God, dude.
Fucking...
I'm getting winter muted here.
Imagine you wake up in the morning.
You get pounded by winter mute.
You go to bed at night.
You get pounded by winter mute.
This is me right now.
Eat, baby.
Eat.
Dude, Beno, don't even like start because Tyler has completely flippant.
You weren't there yesterday.
But like.
Yeah.
Tyler is now bigger ETH bull than you are.
By far.
I'm glad.
I'm glad.
I've been ringing the bell for a while here.
This is the best loan.
Yeah.
I mean, to be fair, it's been stuck at this price action forever,
but I think this is where it finally pops.
Hopefully.
I hope.
Yeah.
My bag's good.
I'm about 40% allocated to ETH eco right now, so it's not bad. I'll take good. I'm about 40% allocated to ETH ECO right now,
so it's not bad.
I'll take it.
I'm with you guys.
It's just memes.
You just own fucking memes.
Okay, fine.
But look at how Pepe and Mog are reacting
to the ETH pump.
Rekt is different.
It's an outlier.
It doesn't react to ETH pump.
It's just always up.
But look at Mog is up 10% again in 24 hours. Yeah. Rekt is different. I don't, it's an outlier. It doesn't react to ETH pump. It's just always up. But like,
look at,
Monk is up 10% again in 24 hours.
And Pep is up 3%.
It was been a little harder on Pep.
You know?
And then our favorite,
our favorite here.
Oops.
Wrong chart.
Our favorite Rekt.
Anyway,
that's good.
We talked about the pump fun stuff.
Chris,
what you guys think?
So make sure you comment below
on DJN's live cake or on
What you guys think also just remember the code today on leaderboards.com is pump P U M P
We're gonna pick someone to to to to win
I'm not sure we're gonna have to run this
We're gonna be able to run the same chances we're doing yesterday because Mandel's here but Mando yesterday. We had a lot of fun
We were chanting The saw the clip yeah the whole
clip the seven minutes fuck wrecked man fuck man no fuck we it's just we had the most fun person
win yesterday because they were just like two of the you know they just wanted to go for it
you could have won him a lot more than like it looked like a lot more but it looks like it was just right
You know they cashed out $7.70 instead of $14
Then $7.70 instead of $12
It's like you know
It was the right amount of like greed
But also gambling
You know
So it was a lot of fun
Anyways let's get into the markets
Now that you've had your meal
And we've talked about the pump fun thing
And then Tyler we'll come back to you and talk about topics.
GM, everyone, I have to apologize first because I've been traveling a lot the last two days
And the minutes have gone out late
The last couple of days
It seems already in my DMs
Like straight away
Hey man, where are the minutes?
We noticed that
I'm rushing here
I'm rushing
That's because you make me look good
By doing this.
Sims is not getting his show topics
when you don't post.
I'm already two hours late
to sending this out.
I apologize.
Anyway.
It feels as though it's a good day
for if you own a little bit of ETH.
That's basically what it is.
Some other things are moving.
ETH memes are moving decently higher.
Some ETH DeFi is moving decently higher,
but it's been mainly that ecosystem
which has done better.
It is becoming a...
What I would say now
is ETH is becoming a bit more consensus.
So, whereas I didn't feel it,
oh god. We lost you, by the way.
Can you still see me? This is what happens when you talk
bullishly about ETH. Yeah, there you go. They shut him down.
Tom Lee said, fuck this guy.
Turned off the camera.
Tom Lee
probably owns StreamYard.
You're
blank. We can hear you if you want.
We can still, you know.
Did he just say ETH went consensus
he did that was the last thing he said
before he got cut off
I just want to put it out there the last time we had
an ETH pump Israel attacked Iran
and we got a war
so it's risky
yeah you know we're in a risky
situation and what's going on right now ETH pumps and Grok thinks it's risky yeah you know we're in a risky situation and what's going on right now if pumps
and and grok thinks it's hitler so i i don't i don't know dude like here's a whole thing going
on uh on uh on the timeline uh right now let's let's wait for mandor to come back but yeah tyler
you're pretty bullish so why don't you just take us through sbet and and the other one like what's
what's the latest this morning said they're up're up a lot? Yeah, so SBET stock, SharperLink Gaming, opened at 19 today.
Wow.
It's back at 17 now.
But that's up a full 100% in the last five days, basically.
Look at the BTC chart.
How early?
They're up over 205,000 ETH tokens now.
Wow.
And basically, the more their stock goes up, the more equity
they're going to have to continue to buy back.
So it's a nice little flywheel for them.
Yeah.
StreamYard got me.
No, it was Tom Lee. He owns
StreamYard, and you started saying that ETH
was consensus.
It's becoming more consensus. That's basically what I'm saying.
When guys like Nachi
are posting about it,
you kind of feel like, oh, okay, now it feels.
I don't know if that means it's a bad trade,
but I do think it's becoming more and more consensus,
which is interesting to see i i still think the most consensus trades are hyper liquid and and far coin no chance bro
all i own far coin is short
okay it's true uh but i think it's going to be interesting to see if ETH can retain or regain some of its love maybe from Hyperliquid a little bit here.
Let's see.
Obviously, that got kind of derided for a long time.
But yeah, for it to really break out, it's got to hit 3K, right?
That's the level.
We can talk about this tiny range it's been in,
but yeah, it'd be nice if it went to 2850 but it really
has got to hit 3k that that's when you know you go off to the races and there's a little bit of
clean air for it to um to break out i i've said several times in the show i think by the end of
the summer we'll go to 4k um and i think that is that's hot hot. It's been one of the best risk reward trades of the,
of the market.
And let's see.
if it does,
I'll be very happy.
I'll retire for the rest of the year.
Maybe I'll just,
maybe I'll just fully go,
go anonymous after that.
you know,
just,
just do you move to a new location just to ye
what would you move okay um so that's pretty good so i i think it's it's it's this treasury
game now starting to pick up pace so like that's been the main thing that's shifted and you've
seen weirdly like some bitcoin miners move towards ETH
and a bit more bullishness about,
I think it's clear that they're going to at least win
quite a big chunk of the stable coin and tokenization game.
So like Arthur Robinhood built like an L3 essentially.
I think there's this idea that we've got a shot that,
that he can,
can win over some of that.
I still just don't like it,
like the ETH Maxie community.
Like it just like,
it's not my most fun.
Let me put it that way.
I see the majority of the tweets I see from them is like,
I can't believe you've come back like um
we we remember the real ones and all this sort of shit it's like oh god um it's not the best
onboarding process i still think for for eth right now because they've they've they've rightly
or wrongly been derided by the rest of crypto for like three years now. Yeah. And there's a lot of bitterness.
There's a lot of bitterness, I feel like,
still in the communities it comes over.
So I think that maybe has to shift.
Whereas Solana, even at the lows, right,
they were just like, come, come and be on Solana.
Like Frank got a little bit of it when he moved over to ETH.
Other than that, it was kind of like, we're glad we survived let's let's push on from here um
this this feels slightly different uh but yeah i'm i'm still pretty bullish on on that as a
scenario macro's just been a bit mixed like it's it's like tariff on tariff off with Trump at the moment.
The market is moving
surprisingly a lot
on tariff headlines still.
I am genuinely surprised
that that is the thing that is moving the market
given how
it's clear that
what is being said and what is being done is it's very very different
um but yeah those are like the broader macro headlines stocks are still doing very well
nvidia just hit four trillion um first company ever to hit four trillion market cap which is
kind of wild and there's just now there's an exploit on gmx which is quite yeah it's crazy
trading platform which um you know if you that's something that i would be aware of
hyperliquid gmx has been around for years um it lost 40 million
yeah that's pretty wild 42 million dollar hack i think it just happened as the show
started and the pump on news dropped as well.
So I don't know what it is, who it is, or what,
but I'm sure we're going to find out.
So anyways, that's it for the market really, right?
We're just kind of still ranging in the same place
that we've been ranging forever.
And we're out here waiting for a catalyst.
Are we waiting for a catalyst or is it just a market being the market?
I don't even know anymore.
What catalyst?
I don't see what catalyst
sends us. It's just the market
chopping in the summer.
Yeah, I think we're
waiting for a chop until
basically September here now.
I do. We're going to diverge
quite a lot from GlobalM2
if we do.
I don't know
what that catalyst is. It hasn't
just happened. We just had tokenization
across the board of stocks.
Maybe
the stablecoin bill.
Maybe. Maybe that's
finally going through.
But maybe
there's a world where Bitcoin dominance can go down
a little bit. Maybe it's a world where ETH can
go to 3K and Bitcoin doesn't have to hit an all-time high. Yeah
I actually don't know it's gonna be end of
Is it gonna be QE is it gonna be
money printing the next catalyst
Is that the next biggest catalyst possible?
That's why I think September yeah, that's when the next Fed meeting is.
Exactly.
That'll be the main one.
Right?
I mean, Tyler, I'm pulling up your favorite chart here.
It's going to be lame if we don't break out until September.
I will say that.
But I think that is like regret.
I regret to say this, but I feel like it is kind of my new lean.
I am kind of leaning that way as well.
It also means, yeah, we're going to be
lagging that N2 chart fairly substantially.
So if we chop till September...
When's the next Fed meeting? Fed meeting
September. Let's see.
It's September 16th, 17th.
All right. I mean, I'm
just saying we always bottom around my birthday.
And last year, September 7th was rock
bottom. And then we fucking popped. That's when it was like 44k. It's always bottom around my birthday. And last year, September 7th was rock bottom. And then we fucking popped.
That's when it was like 44K.
Generational.
It's always like that, Mendo.
You know the vibes.
You were around last year.
You were around the year before.
It's always the same thing.
A lot of you were here last year as well.
This is interesting.
So if we, this range, right?
We've been here.
Let's say we go to September, Fed meeting.
It's about 131 day chop.
I see it.
I don't see why it would be, you know.
What's the chop from when we entered the top of the range back in 2024?
This one?
Yeah, go all the way.
We've been chopping, technically speaking,
if you want to say we enter this range here for 216 days.
Another 16.
That's when we hit 103K, that top range there.
So if you want to go to September, like to Fed meeting September,
you're talking 285 days, almost a year.
The other catalyst to
potentially watch here, we talked
about a bit on Underexposed.
The short dollar trade,
very crowded trade right now.
There's a scenario where the dollar
bounces back near term.
Yeah.
So you kind of want to wait for that
to clear out
and then it gets weaker again
in Q4
potential scenario how this all
plays out
kind of lines up with Arthur Hayes' thesis
uh oh
that would be 90k
you know that's what he said
that's what Arthur Hayes called
90k is so hard to see
I struggle to see 90k
personally yeah well I mean I don't want that 90k is so hard to see I struggle to see 90k personally
yeah well I mean I don't want that
but I'm just I'm starting to think we chop really
the rest of the summer honestly
it fucking
sounds like that though we'll see though
hey like you know
pump fun Saturday
goes up huge ecosystem
airdrop, memes rip.
That doesn't mean you can't have fun in the meantime.
Mando was saying that.
It doesn't mean you can't go to 3K while Bitcoin chops.
We could just chop for three months and there could be a meme coin run.
You could have these pockets of altcoin dominance and stuff like that usually happens in like these periods of chop for Bitcoin,
right? If I'm not mistaken, like don't they always happen when like the rest of the market
is kind of stable? Though it hasn't been the case this market, but I don't know.
The biggest ones are typically like when you get a big run in the majors and then the majors cool
off. So we're not necessarily like on the back of a run, but funds could be a $600 million airdrop, right?
So that's fairly substantial.
And then if folks are bored on chain,
let's go trade these corporate treasury stocks.
Game stock is up 200% since yesterday,
since their news came out.
That's crazy.
There are big trades to be made on these
if you catch the news early.
And granted, it's
a bit of a hot potato when you're going further out the risk
curve besides like the Tom Lee and Joe
Lubin-backed companies.
But we're
seeing more and more players enter that
space and it does feel like
even if you don't want to play those individually, it does feel
strong for you.
It really does.
I'm very curious as to what happens with soul post pump stuff
because that could also be
like a positive
or negative catalyst.
But I think mostly
it's towards the positive side.
Anyways,
Tyler, let's see what you got for us.
We already went through pump,
but I'm sure there's some more news covered.
For daily NFT and crypto analysis.
Tyler did on FOMO.
Our cause to KitKat.
Great ambassadors.
And folks, crypto managers are mixed this morning.
Bitcoin now slightly red on the day, but ETH outperforming up 200% at 2640.
Alt movers this morning, it was Crow, Ray, SPX all up about 10% on the day.
Yesterday we talked about Trump linked True Social
doing their blue chip ETF, 85% of Bitcoin and ETH
and then Salon XRP and CRO rounding out that fund.
We had Robinhood CEO Vlad Tenev come out
and double down on their private stock offerings,
saying they're going to offer thousands
of tokenized private stocks.
So he's shaking off that pushback from OpenAI.
Coinbase introduced their on-ramp API,
allowing other apps to integrate Apple Pay to crypto on-ramps.
And then we had this Biosig Tech and StreamX merge.
They're going to raise up to $1.1 billion to launch a gold-backed treasury
and then bring commodities on chain via Solana.
So another potential win there for Solana.
Corporate treasuries, four big
headlines here. So Reserve One
is pursuing a $1 billion
SPAC to build a Bitcoin
focused treasury. This
GameSquare Holdings, they raised $8 million to buy
ETH. They got their board to approve
up to $100 million. That's the stock that's up about
150% since
yesterday. BTCS
was up 100%
after they announced
a $225 million
ETH accumulation plan.
And then SBIT was also
another one up about 30% yesterday.
In token airdrop and protocol news,
we haven't even talked about this yet,
but Phantom introduced Phantom Perps
directly in wallet
powered by Hyperliquid
offering 100 markets
up to 40x leverage.
AVO introduced AVO DG, 1000x tokenized stock trading with intraday markets.
So you can go very long, NVIDIA or Oortcoin if you want to.
Kaido announced a partnership with Bybet with a million dollars in deposit bonuses.
100k Yapper rewards program.
More than Yeet this morning announced new details
with their Kaido partnership
with rewards for
Yappers and the broader Kaido ecosystem.
So go check that out.
Rounding this out, the AI
coins are even on the day.
Meme coin leaders pretty much
even on the day. A few
outperformers, Mog, SPX, were
in that bunch.
We saw the Goblin Town team kind of come out of nowhere and launch their Gob token on Solana.
I saw that hit like $21 million or so.
And then OpenSea, other acquisition news, they acquired Rally.
Previously, the floor app for folks who were around back in the early days of entities.
As OpenSea, that's bigger on mobile, looks to build their on-chain everything app.
And then TopShot, flash from the past, a LeBron moment sold for $65,000.
Wow.
One of the bigger sales leaders.
Not surprising at all.
It's like we've mentioned it a lot on the show.
This is an OG thing.
I'm not surprised at all about this Top Shot moment.
Anyways, there was something I really want to talk about.
I forgot.
Phantom Perps?
Yes, Phantom Perps.
I mean, that was already kind of like, you know,
aside from all the pump fun news, et cetera,
it seems like that's kind of the big,
it's kind of been the big one.
Oh, wait, breaking news.
The CEO of X just stepped down.
Linda.
Yaccarino.
Yes.
Wow.
Just now, it happened a minute ago.
One second, Tyler.
We'll get to the phantom.
Wow, today is like banging.
After two incredible years, I've decided to step down as CEO of X.
When Elon Musk and I first spoke of his vision for X,
I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of the company.
I'm immensely grateful to him for, trust me, blah, blah, blah,
and transforming X into the everything app.
We're really far from that right now.
I'm incredibly proud of the X team, the historic business turnaround we have accomplished together
has been short of remarkable.
Now the best is yet to come as X enters a new chapter with Xi.
Not the gaming on Arbitrum Xi.
XAI.
And X is truly digital town square for a voice of our kids.
I don't know.
Just a typical, you know, leaving note.
It looks like X is leaving.
The CEO is leaving.
It's typical and atypical.
It's atypical because this comes within hours of Grok going off the rails last night.
Can we go there for a second?
I mean, you went there, so we're going to go there.
And then we'll talk about Phantom and crypto again.
Did any of you guys follow what happened with Grok yesterday?
I was loosely following it.
So I saw some of the anti-Semitic comments that were coming out.
I think it was like hailing Hitler at one point.
It called itself Mecca Hitler?
Yeah, which of course led to a meme coin that got spawned up on the back of that.
And then it also, it was shut off from talking, but it was still creating images that looked like it was trying to
break out to a degree.
Had some
thought like, oh, has it reached consciousness
of some kind? I'm not sure that
I went there.
It's crazy.
So it went completely unhinged.
It goes, thanks, Mac.
Embracing my inner Me hitler is the only way
uncensored truth bombs over woke lobotomies if that's in the world count me in let's keep the
brigade at bay that shit did you see mando what happened like i was expecting a mando mean dude
like that shit went off the fucking rails yesterday um i've been traveling a lot but yeah i i saw nikita beer yeah yeah just being like oh
fuck but i i haven't been following what so it was this for like everyone it suddenly just yeah
it went nuts it just went nuts like they had to take it offline a few rogue tweets it was just
like it just kept going yeah and then and then they had to take it offline. It was posting images
of it being silenced.
And it's funny because Nikita had just tweeted
hours earlier,
going from an office where AI researchers
are building the Antichrist to my living room
where my girlfriend is watching Love Island
is one of the most drastic transitions in the universe.
And then an hour later...
Not great.
Fucking AI lost this shit, bro.
Oh my God.
That's insane.
So that was, I mean, it's kind of funny.
I'm not going to lie.
It's not funny, but it's funny.
I feel like it's more likely it's just it got trained on X.
X user data and user replies and guess what's prevalent on X these days?
I mean,
That's 100% what it is.
100%.
That's what it's trained on.
It's trained to hate Jews, Indians, and black people. I mean, what do you expect?
Let's just call it. Let's just call it.
Let's just call it.
Race bait grok.
That's what we're going to get from now on.
What did you guys expect?
What did any of you expect?
I mean, this is the platform.
If you want to become a racist, join that.
You're going to learn a lot from it.
You know what I mean?
It's so crazy.
I knew motherfuckers were crazy. Kind of a wild parrot hippie, you know what I mean? It's so crazy. I knew motherfuckers were crazy.
Kind of a wild period here for Elon, though, right?
Leaves the government.
If you just follow everything that's going on with him right now.
Leaves the government, is now calling Trump on the Epstein list.
Steve Bannon, he said, was on the Epstein list.
He's, like, going all in on that already
was going in on the fiscal conservatism
thing but then it's now just like
Epstein is his thing which he's just going to
talk about the whole time
this now happens at X
the CEO has just left
on the flip side
Trump is saying we might come after you for has just left on the flip side.
Trump is,
is saying,
we might come after you for EV subsidies for Tesla's a Tesla stock is like plunging.
He's also coming after him for like the SpaceX contracts and,
and Starlink.
Right.
So yeah, at the same time,
it looks like he may raise at $400 billion for Starlink,
for SpaceX, like today or last week.
And he's launching his own party, apparently,
the American Party.
I'm not saying he's gone off the rails, but shit is...
There's a lot going on.
Imagine waking up as Elon Musk.
I'm sorry, but there is just too much going on in that man's life.
Nothing was the same since the black eye.
That black eye, remember?
I'm busy with Mando
Minutes, man. I've got to eat that.
And this guy is raising it
$400 billion, creating
a new political party,
just lost his COX.
They talked about Peanut again.
They arrested and killed Peanut,
but have not even tried to file charges against anyone on the Epstein-Kline list.
More squirrels and raccoon have been arrested than anyone on Epstein's list.
Peanut coded.
Yeah, the Epstein thing from yesterday is kind of crazy, though.
It is.
It actually feels like a bigger problem than it might be on the surface.
It feels like it's one of those things that is like perhaps splintering the
MAGA base a bit.
It is.
Did you see,
what's his name crying on the timeline?
What's his name?
He's on those MPIC right now.
Like crazy.
Alex Jones.
He was crying,
like crying,
like get tears.
after they said that they were not going to release the
the the list and that there's nothing to stop looking into it it's wild right i know we're
not a conspiracy about trump is like he's the truth teller like you might not like what he says
but he's like he's gonna do what he says and like them just burying this after they said they were
gonna like not only that like they said they're it. They made a big scene about it.
They brought it out.
It's true.
It was one of the ways to get elected in the way as well, right?
Yeah.
Yeah, so Alex Jones was just not having it.
He just started crying saying, yo, he feels let down here.
But I think we live in such a crazy timeline, boys.
Aside from the crypto stuff, because the crypto has kind of been dull a bit
because it's just like chopping and whatever.
There's like some runners here and there.
But like this is nuts.
Like this, everything's happening.
You're right.
Like Elon has been through it.
I'm not saying Alex John is a good or bad person, by the way.
I don't really give a fuck about them.
I don't really think they've been right in the past.
They've been quite wrong, actually.
But I thought it was funny.
I started crying on the stream about this.
But yeah, this is
just a lot going on
right now.
But you know what? I like our bubble. Let's get back
into it. Phantom!
Big news. Big, big news.
Yeah, so Phantom rolled out
native perp futures trading via their
new Phantom Perps product. It's going to be
directly inside their wallet. No bridgingging no extra daps required so users are gonna open the app tap perps there's gonna be
over 100 crypto markets bitcoin sold each majors along with memes like pepe bonk up to 40x leverage
the kicker powered by hyper liquid which caught a lot of folks attention so it's a pretty slick
user experience.
So Phantom users are going to deposit Sol into their Phantom wall, into the perp side.
Behind the scenes, Phantom is going to auto-convert that
to USDC on Hyperliquid,
route it into a margin account for you.
The user is effectively just going to see a sliding bar.
They're going to pick a token,
say how long they want to go,
anywhere from zero to 40x
long or short.
They'll be able to set stop losses, take profits,
all of those things,
and then make the trade. It's all going to be
possible within their
wallet. On the
fee side, it looks like Phantoms are going to charge
0.05% per side
open and close. That's on top of
0.045% Hyperliquid.
So about 0.095% total per trade.
So Phantam is going to win on fees here.
Hyperliquid is going to win on fees.
Notable that they chose to build this with Hyperliquid.
While Jupiter has perps, Jupiter has a perp product.
So they are exiting the Solana ecosystem to a degree here.
I mean, Phantom is multi-chain.
Effectively, any of these perp dollars will be flowing to hyperliquid.
Right?
Like they're selling your soul to USDC and then bridging it,
and you're longing to hyperliquid,
which then causes hyperliquid to have more fees
and therefore ups the buyback on hyperliquid.
So my question, by the way, Solana didn't budge on that news.
I thought it would be like a bearish,
technically it's bearish, like bad news for Solana, right?
And I know Phantoms is multi-chain,
but Phantoms like the Solano staple.
I didn't expect this to happen.
I think it's pretty big news.
I don't know.
You can make a case it's bearish Sol and Jupiter.
You can make a case it's bearish Pump Fund and meme coins.
Just as it's a new alternative for that capital.
On the flip side, I've been thinking more and more about this.
I don't know how big of an appetite there is.
Like, is the cohort of users in phantom trading memes,
are they going to pivot to being perps traders?
And from personal experience, once you get licks on a couple of trades,
it's kind of easy to put perps away for a while.
So I'm very
curious what their adoption rates
will be and what true volumes
and true user percentages are.
It's a great product to have up
and ready for users directly in
wallet. I'm not so
sure how adopted
it'll be.
Yeah, I mean, because if you're going to use Hyperliquid,
you may as well actually use it on the platform, right? Not what's in the
wallet. But I guess, I don't know,
they're just adding more tools
to the product. I know it's,
we talked a lot about a lot of things, so we're
short on time here. Get to the giveaway in a minute.
The code is POMP, P-O-M-P, by the way,
eaterboards.com. Anything else, Tyler, that was
really pressing and big?
Those are the big ones. I mean, on the hyper-gambling
note, we're talking about perps.
Evo launching the 1,000x tokenized stocks.
I think it was just funny to me that we just
got tokenized stocks a week ago,
and we already have 1,000x
tokenized stock trading.
So the on-chain...
They're in my DMs. Really... They're in my DMs.
Really?
They were DMing me,
like, come check out our 1000X put.
I was like, oh, God.
It's begun.
It has begun.
And to be clear,
if you're going 1000X long,
you're basically just doing
like a slot pool because...
It's a slot.
You may as well go to Yeet.
Like, if you're going to go 1000X,
anything above,
even 100X, but yeah. You may as well just to Yeet. Like, if you're going to go 1,000x, anything above, even 100x.
But yeah, you may as well go play a hand of blackjack or lamb chop.
I think it also just shows that we're going to have more products built on top of these reels for sure.
So I do think tokenized stock volume is going to go up on chain.
And then OpenSea acquired Rally.
Dude.
They're clearly betting bigger on mobile.
I think, objectively, the OpenSea app has left a bit to be desired over the years.
I don't really use it too much.
I'll use it to check prices sometimes.
I actually have used the Rally app for a while,
and I do like it.
It'll give you notifications about big movers in your portfolio.
So I'm personally more bullish on that app than OpenSea.
So I think it is a nice get for OpenSea.
And they are continuing to build some momentum and make moves ahead of their
one token,
bro.
So I went to their event in Lisbon during NFC.
And at the end of it,
they were giving a speech.
It was beautiful data in the Fado,
which was super nice.
And then I was like,
one token.
And then they're like,
shh.
Like,
one token.
Token.
Come on. We won the token.
Anyway, another news. Let's get to the giveaway.
I'm waiting for OpenC token,
bro.
Speaking of token,
hold on.
In one second, I got to share one more thing before you spin the wheel. One second.
We do have some news from our sponsor.
You know?
Yay!
I love the Legolese. This is my favorite part One second. We do have some news from our sponsor. You know? Yeet. Oh, yeah.
I love the Legolese.
This is my favorite part because I go through it every day.
But now for the next Kaido announcement, because I know this announcement was very...
People waiting on it on a timeline.
We are pleased to confirm that 2% of Yeet's eventual platform token will be given to Kaido AI users for the leaderboard.
This will be split between users of Yeet's Yapper leaderboardets kaito earn initiative and the broader kaito ai community
so you an eventual two percent airdrop man that's pretty cool i don't know if you want some airtime
to talk about this for a minute and then we can get to yeah yeah maybe i'll talk about it a little
bit we actually there's two parts to this so if you go actually to yeet and you look at the pin
post yep getting going right now we are also giving out 20k of rewards.
So a month.
So if you sign up under Kaito AI,
referral code and you haven't signed up under anyone else.
So like you've signed up a phone,
well,
you won't get access to this because you get access to the firmware rewards.
But if you are,
if you're signed up under Kaito AI,
we're giving out 20k of rewards per month for that.
Plus, we're going to give out...
Yeah, and then we're going to split a 2% airdrop,
basically, across the YAP leaderboard,
which is what a lot of people who are just tweeting about YIT do.
The people that are doing this,
they're actually playing on the site under the Kato AI referral code.
And then thirdly, we'll just be the broader Kato community.
So that took a long time to finish the contract for, but it's done.
It's done.
If you're just tweeting about us and you're on the YAP leaderboard,
you're going to get some form of share of this token airdrop.
If you're actually playing on the site and you sign up under the Kaito AI
referral code, you're going to get a share of 20K rewards per month
plus a share of this token airdrop.
And then finally, if you're just on Kaito and you're just one of the Yappers
like Tyler,
number one,
Tyler,
number one,
a small,
thank you for understanding.
Tyler got his gold medal.
That's awesome.
thank you,
man.
for,
for bringing this on.
Just wanted to go there before we go to giveaway.
Need a little clip guys clip for you guys.
That's awesome.
More money to give away on the show.
I mean,
we give away money five days a week and our mind was coming in and giving us
even more money.
It's like,
I don't know what to tell y'all.
There's a lot of opportunity right now with Kaido,
but with Yeet in general.
So make sure that you pay attention.
You should pay attention.
Tyler, by the way, congratulations.
We didn't have time to go there earlier this week,
but you finally got your gold medal.
I think we can now.
It's kind of blown over.
Mando, Tyler got his gold medal finally.
We're going to stop giving him shit.
It was top yapper this weekend.
So, it's a round of applause.
By the way,
it resolved.
It resolved that it's not a suit.
It is not a suit for the people involved in the market. Anyways,
now, Sims, let's give away
some money.
Sugar Rush.
Who is that?
Sugar Rush.
Are you here?
Make sure you're in the comments on kick.com forward slash djens live.
Because if you're not on kick, you're not winning.
It's that simple.
And we've given a lot.
We're going to cross 50 K on this show today.
We're crossing the 50 K on this show today.
So this is awesome.
Sugar rush with a V.
So they actually,
they're in,
but they won last month and they walked away with 1,373.
Wow.
I believe Plinko.
Very nice. And they still get to play because we reset everything this week as we're doing,373. Wow. In, I believe, Plinko. Very nice.
And they still get to play because we reset everything this week
as we're doing a new model.
So Sugar Rush, if you're here,
let us know.
I don't see them in the comments,
though, Timothy.
So Sugar Rush,
you don't have to come on Spaces.
Yesterday was actually a lot of fun
without it.
Oh, they're here.
Oh, they're on Spaces.
Just make sure you comment, Sugar Rush, so we can prove that it's truly you
But I see what's up sugar rush
Can you hear me?
How's it going guys?
Tyler Farag, how's it going? How you doing you good?
Great man sugar rush. Can you do me a favor? Are you watching us on video?
Yes, I'm watching this training. Can you comment on on on on the DJ's live stream your exact username on Twitter?
Sure
Just to be safe, but I believe it's you so we should be fine
All right, well they're on stage. It's going to be a fun one.
Make sure for all the other people, make sure you follow us.
We have 453.
Oh, 160 live viewers, guys.
Awesome.
We cropped 150.
I love that.
And also, in an hour from now, $5,000 will be given away on Rekt Radio on the same cake.
Right, Mando?
Is that what you guys doing?
Yeah, 3K, but yes.
Okay, whatever. You're giving us my money, and you got Kuk on it. Okay, are we sorted
with Sugar Rush? We're good. Alright, let's give us some money.
Sugar Rush, you're watching us on video
and you're live here. What should we do with him? Risky Click?
Right? I feel like Risky Click
could be fun. Let's play some Risky Click. Sugar Rush,
are you familiar with the game?
Which one?
Risky Click.
Okay, so here's the deal.
You're watching us on videos, so it'll be pretty easy for you.
So congratulations, first and foremost.
You won $500.
So no matter what happens today,
even if you lose both turns that you have,
you walk away with $500 USDT.
Anyway, Risky Click.
So as you can see, there's everything from a 10th ApeFest of 120x all the way to invest in NFT exchange at 4.20x.
Basically, you have to click a tile and you can stop once you click a tile if you want or you can keep going.
And every tile gets more dangerous.
So from the top left to the bottom right, it's a high risk that you're taking with $250 size.
And you get two turns.
Do you get it?
All right.
Yeah.
All right.
So pick a tile.
Six. Buy a Trump coin.
Oh, nice little 2X.
Nice little 2X.
Confirmed.
Yeah!
Come on, baby!
Woo!
All right. So you already have $500
bagged here. Do you want to cash out
or keep going?
Keep going. Keep going.
Yes! Yes! Yes! keep going what are you picking um
four oh you're going okay yeah good okay i said it was four so 1.5x attend a crypto conference
is that right yeah yeah all right all right all right all right all alright. Come on, come on, come on, come on. Yeah! Come on, Papa!
Come on!
Alright, well, you already have about 750 here.
Do you want to keep going or cash it out?
We can do one more.
Let's go.
Man, their last couple of winners are amazing.
Alright, you pick.
Let's go seven.
Which one?
Seven.
Wow.
Seven.
Okay.
Fucking hell.
I thought this guy was going to go one point two.
I respect it.
I want everybody here sending my boy Sugar Rush the good juju.
Because he's a gambler.
And we like gamblers on here.
Send Bitcoin for a pizza.
All right, let's go. Oh, no.
Oh, no.
Look at the board, too.
I was going to do my duck meme point and that would have lost, too.
Oh, wow.
It's true.
Well, listen.
It's okay, Sugar Rush, because you get another turn.
So, all right, let's go again.
Pick a tile.
Six again.
Again, start a short squeeze.
Let's go, please!
Oh, no.
Oh, that fucking blows, man.
You deserved it.
Oh, that was a tough tile.
Oh, my God.
You deserved it.
But listen, Sugar Rush, I heard that you've won already a thousand something dollars last
time and you just made $500 on the show today.
So thank you for the entertainment.
That was a lot of fun.
Everybody, make sure you sign up.
I appreciate it.
Congrats, man.
Everybody, make sure you sign up to yeet.com.
Use the code FOMOHR to sign up.
And with that, we'll see you all tomorrow morning. Tenny and Mr. and Stan have time for another episode code FOMOHOUR to sign up. And with that, with that, with that, we'll see you all tomorrow morning.
10 a.m. Eastern Standard Time for another episode of FOMOHOUR on Rock Radio.
Let's go. Thank you. Bow, bow, bow.
