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FOMO HOUR: TRUMP PUMP, CHINA, MARKETS, NEWS, MEMECOINS
Recorded: April 23, 2025 Duration: 0:56:30Space Recording
Short Summary
In a vibrant crypto market, major tokens are experiencing significant growth, with Bitcoin and Ethereum leading the charge. Notable fundraising efforts include Analog's $15 million token sale and ARCH's $13 million Series A, while strategic partnerships like Cantor's collaboration with SoftBank and Tether signal a bullish trend in institutional investment. AI tokens are also on the rise, reflecting a growing interest in innovative blockchain applications.
Full Transcription
Thank you. Thank you. Check check check check check
And let's see check check check
Okay, we're live. We're good. What's up? What's up? Yo, how you doing? Oh share the earnest live on me?
Yeah, look at that. Just pinned it y'all go get your ref codes
Go get your F codes. We'll talk about all on the show, but make sure you sign up.
Looks like you guys will be able to get people's points for referring them.
And the next thing will be dollars.
Dollar, dollar, bill, yo.
What up, JPEG?
What up, an idiot?
What up, Camilla?
What up, Jeeps?
What up, Elder?
Hari Krishna?
What up?
What's up?
What's up, Mishans?
Kalenki?
Jax?
What up, T?
Who's going to win some money today
We should do the clicker thing again today risky clay. What up dmack dc rhino. What's up?
What's up? I want to see some retweets. I want to see some love. Let's get everybody in here
Let's get buddy in here. It's a green day. It's a good morning. You love to see that. What's up? What's up? Love that?
I'm not seeing myriad and the other pages on
Sims. I don't know if that's...
I can't see the space annoyingly on your page.
What the fuck?
Space is working, right?
Yeah.
I mean, we all got in.
All the normal people are in there.
I'll keep refreshing.
It's been late the last few days, myself.
Dude, it's so bad.
It's so bad, right?
I can tell that most people can't see it because the numbers are flowing in so slowly, by the way.
It's like 98.
Yeah.
Dude, it's so crazy how bad space has got.
My God.
Okay.
Okay, so let's give it another minute.
You know what?
Fuck it.
Just kick it, Sibs. Thank you. Yo, yo, yo, what up, what up? Good morning. Good morning Wednesday, April 23rd, 25. Look at that. Another beautiful day to have a beautiful day. I got my coach in the house, Tyler. Tyler, Tyler, good morning. How you doing today?
Tyler Tyler good morning how you doing today fantastic waking up to a lot of green candles
on the board something we're seeing some numbers they're at three month highs and
a couple weeks ago I felt like it was so over today feels like we're so back that's how it
feels to me at least you had a you had uh what's it called the fear and greed
index like 72 or some shit up from 10 a few weeks ago so definitely a feeling of a a sentiment of
we're so back across the board today a little little pullback this morning you know bitcoin's down to a mere 93.2k you know but uh but we absolutely love to see don't get shaken out y'all don't get shaken out
you know we're we're probably gonna get a little bit of you know volatility here but we're looking
good we're looking good and i'm sure we'll talk about all the amazing headlines uh that have been
uh coming through here so we'll talk markets i don't think we'll have mando today but we'll still
uh go through the market we'll talk tyler's topics then we So we'll talk markets. I don't think we'll have Mandel today, but we'll still go through the market.
We'll talk Tyler's topics.
We'll pick a few topics and have some conversations.
Looks like you guys are liking the clips
and all the different topics that we've been putting out there.
We'll do a Yeet giveaway.
So someone's going to come and win some money.
So yeet.com, make sure you sign up using FOMO Hour as a code.
You have to use FOMO Hour as a code,
or else you cannot win. We're going to give a code you have to use FOMO hours affiliate or else you cannot win
We're gonna give a code during the show, but make sure that you use that
And as usual this show is powered by
Well connect well connect is the connectivity network shaping the future of all chain UX if you've connected to a web 3 app
You've seen well connect that blue logo. It's everywhere
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Tyler today you tell me what's next
We're gonna do the intro
Oh, it's coming
Folks crypto majors up five to ten percent biggest green day in months as the trade war
eases trump softens his tone dare i say pivots we got some breaking news this morning we'll get
into that here in a minute uh odds of Trump lowering tariffs on China are soaring after some
of these recent reports. We'll get into those details. Bitcoin up 3%, 93, 350. It looks like
ETH up nearly 10%, 1,800. Seoul up over 150. IMX, SWE, and INA leading alls. They're up 15% to 30%
on the day. We also saw meme soaring, AI tokens soaring even more.
We'll get into those later in the report.
In macro headlines, the Bitcoin ETFs
saw $912 million in inflows yesterday,
smashing local highs,
their highest amount since January 17th.
That's pre-inauguration.
So that's the highest day of inflows
under the Trump presidency.
Cantor, this is arguably the biggest story of the day cantor is reportedly nearing a deal with softbank tether and i believe
a few others to form a multi-billion dollar bitcoin acquisition vehicle so they are seemingly
following the sailor strategy playbook they've got a lot of capital behind them. And SoftBank also, huge pockets.
So they're tied in.
Janover, they bought another 88,000 sold on Monday.
Now their holdings are up over $37 million.
They also changed their name to DeFi Development Corporation.
So we'll see if they continue to develop more Solana holdings.
The European Data Protection Board approved draft guidelines aimed at aligning blockchain data handling with the EU's GDPR requirements.
So that's going to be one to watch.
Then the SEC dropped its fraud case against Richard Hart, founder of Hex Pulse Chain and Pulse X.
In token airdrop and protocol news, Hyperliquid number one in fees across chains on the day, over $2 million.
Fantasy Top, they had several new updates and changes to their game.
They've got a new clout feature, rewarding broader members of CryptoX
that can all become heroes at this point.
A new four-week season, a change reward structure, and more.
Myriad introduced a new badge yesterday called the Myriad Grand Master Badge
to those who have awarded $500 or more.
And it looks like breaking right before the show.
This new share-to-earn program is live.
So we'll get into that here later on as well.
In RAISE news, Analog raised $15 million through a token sale
to build interoperability tools like Firestarter
for tokenizing real-world assets.
And then ARCH raised $13 million in a Series A
to build permissionless financial rails for a Bitcoin-denominated world.
All right, and AI and memes and NFTs wrapping this up.
AI, folks, this was the story.
One of the stories of the night, market cap of 18%, leaders up 30% to 40%.
Some notable movers like Zero Bro up 150%.
Other tokens up, AIOS up 400%. Opium up 80X.
Just some crazy movement on that board.
Memecoin leaders also very green up 10% to 25%.
Bonk was leading the way.
It was up 20%, but Brett, Pengu, both up 30% to 35% on the day.
Troll was a top mover on that Solana board.
It was up 160%.
PumpSwap actually saw its highest volume ever with $1.06 billion in volume yesterday.
So the pump team is cooking.
NFTs were a little bit quiet,
but some of the NFT leaders are green.
Pump's up 4% at 44 with that ETH pump.
So up even more in USD terms.
Pudgy's up 5% at 10.2 as well.
Sounds good. I love that. There's up 5% at 10.2 as well. Sounds good.
I love that.
There's a lot to discuss here.
I mean, we should probably start with the Cantor news, right?
It seems like that was kind of like relevant to the market.
Or why don't we just go through the market real quick?
Yeah, we can go through some of the macro if you want.
Yeah, let's go through some of the macro first.
Yeah, let's do that.
I know we don't have Mando.
We can still go through price action, which is actually, whew!
I mean, damn. We had $94,000 yesterday, Tyler. Love to do that. I know we don't have Mando. We can still go through price action, which is actually, I mean, damn.
We had $94,000 yesterday, Tyler.
Love to see that.
And again this morning, I think we went to 94.5 briefly on the U.S. Open.
So I want to walk through the events of yesterday.
So yesterday, Scott Besson told a group of bankers in a closed door meeting that this war, this trade war with China was unsustainable and that they needed to walk back some of these tariffs
and that it would come soon.
So I think that word got out, and we saw stocks pumping into the afternoon.
And then around 4 or 5 p.m. after markets closed,
there was an interview with Trump.
He said he's not going to play hardball with Xi, with China,
that the tariffs will be lower than 145%.
And then news broke that he does plan to meet with Xi in May.
Then now some news that came out this morning,
it looks like they're saying likely 50% reduction in the tariffs on China.
So bringing them down from 145% to closer to 50% to 65%.
And then the Wall Street Journal reporting that Besson also talked Trump out of firing Powell.
So that's another perhaps large negative risk factor removed.
We just got more news on that one minute ago, actually, as you're talking.
White House would look at lowering tariffs on Chinese imports pending talks
to Beijing.
Any steps would be in conjunction
with China talks, not unilateral.
rumors of talks right now.
It's not done, but
it's one of those things
where it's hard.
Trump's been so volatile.
It's hard to get like really fired up that he's not just going to change his
mind again. Right.
But it does seem like the calmer heads in the room,
the best ones in the world saying, okay, we like, this is,
this is causing too much havoc.
And I think it would be real chaos if he was to walk it back more from here.
I feel like if he says, no, we're going to go back to 145.
I think that would cause a lot of problems.
So my gut view is that the talks from here on will be holding these levels
and or giving more back versus more raises in these tariffs.
So you see, I mean, I was shocked at these odds of this deal on Polymarket.
I can send you 85%.
They're saying 85% chance that a tariff deal with China gets done by the end of May.
I would have guessed before yesterday like this was like a three to
six month deal maybe end of 2025 maybe they're able to pull it up sooner but it felt like
something that would take some serious time and maybe no side's a good bet here i i don't know
i'm still like processing all this i don know. I think they're backing down a bit
here, no?
That's a really positive outcome.
I think.
Almost regardless of what the end result
is, just because of the uncertainty it will remove.
And we
haven't even seen yet what the
impact of the tariffs will be,
which has caused
effectively Powell,
he's like, we can't make any decisions yet.
We can't make any changes yet until we see this data.
Well, if we
get the final results,
then we can start to see how this actually starts to
impact the broader economy.
So removing that uncertainty
is huge.
May 31st is not...
It's five weeks away.
Five weeks is a lot of time, right?
Things could be fixed in the call here, brother.
I hope.
And I'm not a global trade deal expert by any means.
I mean, I am, okay?
So I'm Iranian.
So by default, us Iranians are global trade deal experts, geopolitical experts, historian experts, history experts, white BMW experts, food experts.
So as a global economy expert and geopolitical expert, I think, you know, here's what's going on.
Trump threatened China. China doesn't like the threats. They're not going to operate on the threats. They know what they have. geopolitical expert i think you know you know here's what's going on trump threatened china
china doesn't like the threats they're not going to operate on their threats they know what they
have you know i think maybe america overplayed their hand a little bit best it's in luck they
were like whoa whoa whoa whoa whoa but you gotta relax a little bit over here and now you know
this seems like there's going to be some sort of a conversation. But that's kind of what we expected of Trump, right?
A little shake and bake.
So we'll see.
I mean, July 31st is probably the better bet.
But May 31st?
That would be nice.
Yeah, I could get behind July 31st.
Yeah.
There's no June here?
Why is there no June here?
Yeah, A little,
a little strange.
Right.
And I guess you must have to bet that it happens.
So it would have to be after May,
but before July for that to win or else.
Maybe not.
Yeah.
I'd have to look at the fine print,
but it's some surprising volume as well.
It's surprising that May was 10X July.
You know what, though?
If you're a DJ,
you could punt April 30th.
You could punt the no side as a hedge.
And you can punt the no side as a hedge, yeah.
8X on no.
That's interesting. But the bulls of his head, yeah. 8X. 8X on no. That's interesting.
But the bull in me wants the deal to go through.
So I don't want to be on that no side.
I'm not that much of a hedger.
Interesting.
If we get an announcement of either a pause on tariffs,
I guess what we could get before lower tariff news, we could get a tariff pause news, which would make more sense.
Like pausing before deciding.
So it's like a ceasefire almost, right?
Between the two.
You don't win, I guess. I think we're more likely to have a pause on tariffs like we did with US, with Canada and Mexico originally.
Like that April 2nd thing, or was it March?
I forget what it was.
Where does crypto go then?
It's crazy, but we're getting those headlines right now and it's working our favor, right?
Proves to you that there was a lot of upside,
a lot of sideline money waiting for this.
Yeah, a couple of thoughts.
I mean, one is like it seemed like the whole crypto decoupling narrative
was that crypto was pumping despite stocks going down
and despite negative news.
Maybe it was a hedge against the dollar.
It was a hedge against Trump firing Powell.
And then even with some of that removed, it's still pumping.
So I don't know. We're, we're kind of, we're moving up on, on the, on positive and negative things here, which, which is interesting.
And then I recommendo had a nice little tweet this morning. He put,
he pulled up our beloved M2 chart, which I was a little surprised.
I love that.
To see him too.
If this plays out, I'm just going to throw away every other chart.
And I'm simply just going to look at this every day and then see what we're going to do.
If it plays out like this again.
It's up every day if you go by the M2 chart.
With tiny little pullbacks.
The next pullback is what I was talking to Wiz.
He's like, yeah, we may see.
He's like 100% we see 88.
Maybe 50% we see 84.
A tiny bit of chance at 82.
That's everyone expecting.
This whole pump to 90K sideline capital.
But think about that.
88, okay.
84, cool.
82, yeah, I sure that'll scare a few people that say it was a bull trap.
But even those dips don't seem too scary, right, at this stage?
They're tiny.
They're blips i mean i don't think anyone's expecting us just to
go like march up three to five percent green every day for the next quarter right like we know how
this works but like those aren't even big drawdowns yeah the question is i've got there's other people
in the timeline who say we're just we're back in the range. We are right now, right? We're just going to range for another 90 days.
That's fine.
I'd rather range between 90 to 100K than between 74 and 90K.
Of course.
I mean, back in the range is great compared to where we were.
So, yeah, I don't think anyone would be too upset by that.
Yeah.
I think it'll... I don don't know this looks like here
this looks like the last bit you remember we were joking i even found my old post saying like what if
this happens again and then i had put like a nine month range here if you go by so let's say this
has played out you're like here this is this on the screen right so then you'd have like a tiny bit more chop left
that's if you strictly go off of this which is too easy to be true right so you'd have what 48
days so it's it aligns with what you're saying a little bit all right so a little bit of range here
before we move up and that would leave us at what early June, which is in line with what one of our main thesis was that.
That's the echo 2021 rally where we,
we pump into summer.
Yeah.
If you don't think we're going to pump into summer,
then we're back at that nine months.
Basically the nine months plays out if we go sideways all summer.
Does it?
Let me see.
Hold on.
Because really, it was this range here, Tyler.
Let me see.
It was 251 days, something like that.
Yeah.
So that's eight months.
So that was exactly, let's say here.
So to July, mid-July.
Yeah.
See, that's when the eight months finishes.
We've been ranging forever, brother.
We started this range in November, first week of November.
Yeah, I guess so.
I mean, wow.
So that actually still aligns with the 2021 Echo.
Yeah.
Because it really was late July, August was when things were really blown up.
And to not make it easy it
makes sense that we pumped just a month before right because everybody's going to expect dumps
and then everybody just catches on i was talking to danny earlier it was like it happened in 2017
where we had like an early summer pump like may-ish and then june then usually people sell in
june then july is kind of dumpy august then you pump again, November. If we echo 2021, I believe in cycles.
I know Mando and co,
like some people seem to not,
we like cycles,
but like,
if you believe in cycles,
you're thinking like same,
same story.
Like you're pumping here through the summer.
Let me dip a bit.
And then you double top again,
like around November ish.
But what do I know?
I'm just,
I'm also just a DJ,
but I like cycles and I'm probably going to be trading my size based on a
cycle.
Like I'm going to be taking some chips off the table in June,
small.
I'm going to be taking some more chips off the table in Q4.
And then I'll see what happens in Q1.
You know,
that's my plan.
I'm looking to put chips on the table,
my friend.
I'm all in.
I have nothing.
I'm trying to comb through my couch cushions to find some digital coins
that I can get back into some new runners.
The wild card here, while we're talking timelines,
that 180-day clock on the U.S. Strategic Bitcoin Reserve plan.
I want to say that clock started around January 30th.
So 180 days,
six months.
It's in July.
So six months is July.
Yeah.
If we get that plan mid to late July,
it's got any surprises in there.
I don't know.
I think I put on the record like,
May,
June pump,
you know,
it's just selling me and go away has become two consensus again.
You know?
Cause the last three Mays were horrible.
Last May,
I was so dumb.
I was all in.
I was up big,
fucking big.
And I remember just like,
I was going to sell me,
go away. I'm stupid. I didn't sell shit. And I was sick. Yeah. Fucking big. And I remember just like, everyone's going to sell it. May go away.
I'm stupid.
And I didn't sell shit.
And I was sick.
Yeah.
Come June, I was like sick to my stomach.
So, I don't know.
We'll see this time around.
Buy in May and pray.
Buy in May.
Well, I bought in April.
But you know why?
Because everyone's going to buy in May.
And they'll buy my bags in May.
Buy Farouk's bags in May and pray.
We were looking at Bitcoin.
I think we got to take a look at ETH real quick.
I mean, it's a big, big move.
Up 10%.
When's the last time we had an ETH 10% candle?
Dude, please don't.
Let's not do this because we know what's going to happen if we celebrate this.
Two days ago, ETH was 1560
and it was
well yesterday on the show
we were like Bitcoin's going to go back
to 100k and ETH's going to be 1800
and it's at 1800 now
so what do we revise it to
let's say Bitcoin legs up to 100k and acts two weeks
on this momentum what's our new target for eath it can't be 1800
uh 1900
come on it's gotta be over i think it's probably 2100 now i i just like so i wish my name was here too
because i'd love to have a three-way conversation or debate with people like i have a question for
you guys like and i i've talked about this on the show before so if you've listened to the show a
long time i mentioned this a lot ethereum can still be the most decentralized and best platform
to build but that still doesn't mean the token is worth 200 billion dollars and more sure but i guess like i just don't like why would he go to like 5 000 here like what would be what
would it take like with what it makes no money that all the money's going to l2s and the l2s
are vampire attacking l1 right now. Buyers.
Catching the Bitcoin tailwinds.
Maybe that's the strongest narrative right now.
So the ETFs flipped big green yesterday,
even on ETH.
But SWE, for example, is up 30%. Solana's up big.
So on top of the L2's vampire attacking ETH itself,
I think L1s are starting to also vampire attack Ethereum, right?
Absolutely. And I'm not saying that I think
Ethereum is a better buy
than Sol or Sui. I kind of like
the faster, younger
horses. Just from
wearing the trading hat. But
if you think institutional
capital is going to continue to be a big
trend this year,
that's where a lot of the marginal buyers come or even retail capital through
institutions.
But if all the other ETFs get approved, that fucks it even more, no?
Yeah.
When's that going to happen?
It's probably not going to happen for six months.
Solana closer to time, I guess, than the rest.
It could be.
I feel like it's like a coin
flip part of me thinks they're gonna the sec is gonna move fast and maybe it's in it's the summer
part of me i think the more traditional consensus view is it's q4 because i found it very bearish
for eath that like for example blackrock has its own blockchain now securitize
wait no converge with securitize like bank of america can just create
its own private chain like back then the narrative we we lost it like the eth narrative got lost like
after the whole like uh ultrasound money thing the narrative should always been that it's going to be
that's what dean this investor pushes a lot to his credit.
That Ethereum is the chain where institutions are going to RWA, tokenize everything.
But now they're creating their own chains.
But that's the Bank of America chain.
And that's the BlackRock chain. So if you still want the decentralized, permissionless route, it's still Ethereum.
People care about that?
Some.
Some do.
You and me do.
I don't know if people do.
But yeah.
Someone said BlackRock doesn't care about ETH.
They just picked it because it was second biggest market cap.
I have to agree with you.
Maybe that's enough.
That's kind of what i'm saying i can just
like i know we keep going back and forth this is it's yeah of course like i don't know if what
pushes eth back to 4k but but that's the thing right it's like if you and i are having this
dilemma i think this is why ether is lagging because we're having an honest conversation
about an asset that we own both like like own NFTs on, for example.
Like I'm building Miriam L2, which is technically Ethereum.
So I don't know.
I don't know.
I think about this all the time, man.
We'll see.
It's a lot of holders, that's for sure.
And I would love for ETH to recover because stuff like Pepe, Mog, Rekt, CryptoPunks, Penguins, the L2's
Thrive, the ecosystem
of ETH, the $110 billion
TVL. You know what I mean?
There's a lot of money on here, and you want it to go
higher, you know? Of course.
Big move
in the punk floor. What else, Tyler?
On the ETH move.
Yeah, let's go.
So we...
Ooh, let's see that.
Yeah, we can see that real quick.
An NFT price.
How's the ratio going?
We're still down.
Let's see, 78K.
So we're still down 16%, 17%.
Still a big move.
We finally broke that like 42 level.
So now it jumped to to 44 the board is still
super thin i mean you were just scrolling through it like there's not a whole lot of oh it sold
yeah your girl finally so it took forever to sell right before the show i think 86k that looks good in USD. Yeah. They're nice.
Anyways.
Anyone holding EtherNFTs is rooting for this one.
But yeah, let's talk about the Cantor news.
And I think this is another big driver for crypto,
for Bitcoin probably specifically.
So Cantor teaming up,
SoftBank tethered Bitfinex,
saying it's a reported $3 billion deal.
They're effectively pooling capital to form a new company.
It's called 21 Capital, and they are going to be a Bitcoin acquisition vehicle, very similar to Michael Saylor's strategy.
It looks like Cantor, so this is Brandon Lutnick, Howard Lutnick's son, so ties to the White House at the highest levels.
They are putting in, let's see, well, so it's $1.5 billion from Tether, $900 million from SoftBank, $600 million from Bitfinex.
So I'm actually not sure exactly what Cantor, maybe Cantor is just running the operations on this.
But huge news, huge headlines, impacts on the White House.
I think SoftBank being pulled in is a huge part of this as well.
They are one of the companies investing up to like $50 billion in AI in the United States.
I think it's 50, maybe it's 500.
But they were, they're leading that charge.
They've got deep, deep pockets.
And if they're getting into the Bitcoin acquisition game,
it's pretty interesting, right?
So institutions are buying.
Don't let them steal your Bitcoin.
Like it's really playing out.
Like we talked about about every day now,
I've got a headline of a company buying Bitcoin or Solana now,
not ETH,
interestingly enough.
But we've had a couple of companies this week,
UPEXI and Janover.
They're buying Solana.
We've got Metaplanet buying Bitcoin every week now, it seems,
strategy, and then, of course,
all these other smaller companies are jumping in.
Now you've got bigger ones.
So I think $3 billion in Bitcoin
is already going to ratchet them up the rankings.
I'd have to look at what Tesla's,
I think Tesla's got closer to a billion,
so they would already pass Tesla.
Logan just wrote a story on the top 10 companies holding Bitcoin
I'd have to look back at that
I think they would be top 5
probably
I'll see if I can find it here during the show
but this was a big one
it's huge
I don't need to reiterate
we talk about this every single day there's nothing need to reiterate you said all we talked about every single day
There's nothing else to see but it's just where it doesn't gonna be 20 of these just be a hundred easily 500 of these
Thank you
You know, that's it. That's that's today's show by the way the today's code is Bitcoin
so, uh, if you're a raffle but
If you're a raffle bot, the code today is Bitcoin, B-I-T-C-O-I-N, Bitcoin is the code.
Anyways, I want to go through this topic.
Someone here is saying I'm bidding on a goat's comeback.
I mean, that makes me think of the AI board because OSF is also mentioning in the chat
saying you and Ovi are the only two people in all the crypto talking about AI-16Z.
So we may as well go there. That's because you do cover the AI board. So all the crypto talking about ai16z so we may as well go there that's
because you do cover the ai board so what do you how do you feel about that let's open cook it up
fun it's been a while yeah so let's open it up i want to look at the board big picture there's a
question if bitcoin rallies what else is going to rally with the eight billion still we got we got
some of our answers memes so alt pumps like sweet was up 25
memes up 15 to 20 far coin we talked about a ton this ai board really popped yesterday
like it it popped the most so the the leaders were up 30 to 40 percent wow um And I'm talking about, like, I mean,
virtuals right now is up 27% at 500 million.
And that's a $500 million token.
So that's a pretty big move.
So it added over 100 million in market cap yesterday.
AI-16Z is up 20%, back to 200 million.
This Alchemy token's up 20%, 175.
So it looks like we cooled off a bit from just like a,
a massive overnight rally.
that act token,
the one that got listed on finance earlier is up 40%.
zero bro,
zero bro.
I don't know.
This is not enough for me to get excited.
It's up 170%.
I know,
but look at the fucking thing.
I'm not racing into zero bro. I know you're not not but i'm just saying for people in general like don't chase
170 pump you know we're in a really interesting position on these so that a lot of these what i
would all call dead i thought they were dead yeah they caught big pumps and i do think there's a
little bit of impulse like should we get back into these things?
I got,
I'm,
I'm facing that.
So like goat goats up 15% at 71 million.
So it's not up as much,
but like,
I think there's like,
if you were in the AI trade,
November to January,
like,
you,
you know,
your,
your favorites,
you know,
the tokens you like.
And it's like,
do I go back in?
So I've been thinking about that this morning.
I'm sitting
on my hands i haven't made any moves um i don't really i don't really have exposure to the sector
right now so like i i held 16z with no yeah yeah i kind of put parkour inside right now um it's
its own thing true true but ai 16z i was in for a long time with OVI. I cut ties with it, I want to say, back in February.
I think still higher than where it is right now.
If I'm looking at this board and thinking about ways to potentially get exposure,
I like new tokens.
So I think Prompt is still one of the stronger horses on this list.
They're up 26%.
They're back at 30 cents.
I think you got to take a look at the leaders because that's where I think
the reflex of capital is going to go.
But I think you also want to evaluate how strong their narrative still is.
So like the AI agent launch pad isn't interesting to me as a narrative.
Like we had that,
but there is no demands right now for tokenized AI agent reply guys.
So I think you got to be building more than that to,
to really command a higher valuation.
I guess I don't know exactly what else AI 16 Z is getting into right now.
So I don't know.
it's not,
sorry, Ovi. I need you to pitch me the bull case. I don't know. Sorry, Ovi.
I need you to pitch me the bull case.
I don't see it.
I think his bull case is simply if crypto prices go up,
these prices go up.
Generally, I think this is it.
What are we bullish on?
Have we even heard any news
from all these people doing this bull?
That's the other factor I think to watch is like what teams were
kind of still building over the last three months.
And if they do come out.
I'm asking you what, what team, what teams were.
So I got, I, well,
we, we really did not have many major announcements over the last few months.
Oh, no.
Like I was combing.
I wasn't not combing through these lists, but I was, I was trying to do at least surface level reporting on the sector over the last few months oh no like what do we hear coming i wasn't not combing through these lists but i was i was trying to do at least surface level reporting on this sector
over the last three months i rarely even had one one bullet of news on any given day so i was
mostly just covering price action i think virtuals has had a few announcements uh you know they've
been doing hackathons that they're working on some Genesis feature. I actually don't even know what that is.
AI 16 Z has been talking about that.
They're Eliza B2 and their auto dot fun launch pad,
which is not going to have a token. So that does remove some of the risks there that they would have perhaps
another token.
but I'm still not necessarily exactly sure.
Okay. I look, I was going to say like who shipped what, but I'm still not necessarily exactly sure.
Okay.
Look, I was going to say like who shipped what.
At least it was like Griffin was active on social,
shipping little things here and there.
Okay.
Like they were shipping a little like, okay.
Okay. So the 5th, the 11th and the 17th,
they shipped little things like here here here so okay so they were
around in april create get it okay so march so every couple weeks or two like march 12th okay
march 14th okay so they ship some stuff let's see arc and graph i ended up 50 percent it's one of
the top movers arc.fun what did they ship I really do not remember saying much from Arc at all.
I only care if the team
ships something during this.
That doesn't mean I'm buying them,
by the way.
Okay, so...
Looks like they're big on this MCP
and Rhizome thing
Maybe it's time to get the founders back on the show
And say what do you guys been doing for three months
Yeah, we started kind of going down the path
And then
I don't know
Look like Griffin shipped some things
Look
Please guys, if you're going to buy these tokens again
Do what I just did But maybe a little more thorough And just look if they ship things Look at Griffin ship some things. Please, guys, if you're going to buy these tokens again,
do what I just did, but maybe a little more thorough.
And just look if they ship things.
Even little things.
Like Griffin, I never really bought it, but I don't care.
First glance, I saw April 17th, April 11th, and April 5th,
they ship three little things for their thing.
Meaning that they Hanon ships daily.
I did see that.
It means that they tried.
See, someone saying Griffin, Oshimus, Tank,
Arch have been building.
Hey, I know on a bit.
I don't know enough. I tuned out of this shit.
But I'm saying, go make sure that the people that you're going to buy their tokens
from actually shipped.
Because it was just like a three-month dip.
In builder terms, three months
is fucking nothing.
You know what I mean? If you gave up after three months, you know?
So this was an interesting one.
I would not have guessed this,
that we get the first big green candles in Bitcoin and ETH
and the crypto AI sector is the top winner.
I mean, I guess I always thought we would probably get another crypto AI run,
but I didn't necessarily think it would be
all the old ones just immediately pumping on that.
So they did.
I think today is a risky day to enter these.
Again, I want to see a little bit more.
And then I think to your point,
if you're really going to start investing,
you want to take a look at what
the current value proposition is,
what they're building, what they've been able to accomplish over the last few months and does
it make sense of these prices um but i mean if we're just gonna run it all back then they're
all cheap maybe ob's right look the good thing about ob is even though he could be wrong on
certain calls like you know how he was like adamant for far coin but then he was buying
those dips they were down other in the money still at least he's always buying dips
so like he did buy far coin and his ai16 is now green because he bought like while everybody was
capitulating he was just buying so it works out for him you know so in that sense you're right
just give it a shot you know at 50 million dollars i mean
fuck at 300 million dollars we were wondering on the show if we should be buying arc to go to a
billion you know what i mean so like speaking of which ai and stuff ov's coin wrecked i was looking
this morning so the one of the only things i didn't sell not even a penny of it was wrecked
during this downturn because i know my boy first of all is my
boy you know i helped him out here and there this and that but it's back to 20 mil do you believe
that ov is going to ship 20 minutes what the tg that on gate so i would look at things like that
right so similarly right it's like they're launching a new flavor ov is tweeting about
how he's got a bunch of shit shipping about how he's got a bunch of shit shipping. You know he's got a bunch of renouncement, partnerships.
A lot of these companies are back,
or company tokens,
company adjacent tokens,
are back to the prices they were when you wish you bought them.
Definitely.
So, like, when
Rack was at 120 mil,
everyone was like, oh my god, I wish I took a 20 mil.
It's at 20 mil today. I just checked during the show. I forgot. I tuned out. So I was like oh my god i wish i took a 20 mil it's that 20 mil today i just checked during the show i forgot i tuned out so i was like okay cool you know i mean so
that's how you hit the five to ten x's right you gotta buy when it's quiet when no one else is
doing it because d farmer made the same point tyler bitcoin went to 94k your favorite altcoin
did not so you're not too late to buying things you're still early to
buying things sure if it dips again it dips but there is still some room to run and then the
second leg usually you look at the things that actually ditch it don't go buy just vaporware
because the vapor is probably going to be left behind but the and there will be vapor that pumps
by the way it's i feel like it's easier this time around like i feel like i was telling
you this in the chat earlier i was like pick an alt pick a meme coin and pick a major and i have
a feeling if you pick three coins like that one all one major and one one meme you're probably
gonna perform 90 of ct it's an interesting way to look at it and you're you're kind of saying
don't over diversify yeah Kind of make more concentrated bets.
I think it makes sense.
We talked about AI, and you were talking about vaporware.
That meme coin board was pretty damn green as well.
What are we looking at?
On the day.
Everything's kind of cooling off now,
but everything was up about 5% to 10%.
Bonk was up 20%.
It reflipped Fartcoin.
Whiff was up about 5% to 10%. Bonk was up 20%. It reflipped Fartcoin. Whiff was up like 40%.
Pudgy's Pingu token was up 40% at one point yesterday.
Mog is up good.
SBX at half a billion.
PopCats back at 363.
We were seeing this yesterday.
Huge move.
Called it on the show yesterday.
That was a good move.
So it's up 2x off the bottom.
I think PopCat, if I think, and I don't own any,
I've never really been in the PopCat trade.
I would put, I would bet that PopCat is one of those capable of making new highs
if this cycle is to be like, you know, if we really pump like the rest.
What's interesting to me here, and maybe it's because Fartcoin led,
but like Fartcoin is, it feels like it was like the main mover.
This is what everyone was talking about.
Almost every one of the top memes is up more on the weak.
So it's not even like,
it's just like printing crazy candle after crazy candle,
which to me, I think like, yeah, we've got room to move.
So Pepe's up 24%.
It's up more than far.
Bonk is up 31%.
Floki's up.
We talked about it yesterday.
Whiff's up 50% on the week.
It's up more.
Brett, a coin on base that no one on CT holds is up 52%.
Penguin's hook is up 66.
Popcat's up 46%.
Turbo's up 190%.
So... Hey, I never want to hear again. Penguins Hocus is up 66. PopCats is up 46%. Turbo is up 190%. So.
Hey, I never want to hear again.
There's no opportunity on here, y'all.
Like, there is, like, you, a lot of you have been listening to this show forever.
You're, like, avid listeners.
You show up every day.
Like, just, you don't have to take a punt, like, with all your portfolio.
Just, if you want to diversify and play the game you can play the game you know like this far coin move was telegraphed but it was also gave you all the
it like predated the rest like you yesterday we're on here saying what about pepe what about
wave what about popcat what about this that today they're all up by fucking 40 50 percent
so i guess again like i guess i didn't really think all the old names
would be the ones that people come back to here we are it is it's hard to predict exactly how this
cycle is going to play out if bitcoin follows the m2 chart i think we're going to have some fun
i guess and we can leave it at that i know we need to get to our yeet action here.
Do we want to talk about Myriad Share to Earn real quick?
Let's do that.
Then let's get into the giveaway.
So we launched Share to Earn on Myriad officially today.
So the Share to Earn on points only for now.
I can officially say that we're going to launch a Share to Earn on USDC as well.
Following that.
But first, as you all know, we have to start testing on uh on points first and
foremost so uh from today on let me show you the myriad posts here share to earn is a myriad you
can share to earn um so basically you get your own uh referral link on here so referral you earn a
thousand points per new uh user that you that signups with you with a daily cap of 10 users. You get 10% of the referred users buy points in volume.
And then you earn 100% of the referrers USDC buy volume multiplied by 100 in points.
Meaning there's 100x multiplier on points when people use USDC.
You also get 100% of that.
So it's awesome.
So let's say someone bets one USDC to get 100 points.
You also get 100 points, which is really awesome. So it's awesome. So let's say someone bets one USDC to get 100 points. You also get 100 points, which is really awesome. So it's cool. It's a good way for us to grow, Tyler.
You've seen my post recently. There's a lot of things coming that I think will unlock growth
and share to earn is one of them. And the next one is going to be USDC. So soon you'll be able to refer people and make actual USDC for, for referring
people to our platform. And this was also Tyler, you talked about this yesterday on your, on your
feed, but you know, at the same time, abstract launched the Myriad Grandmaster badge, which
means if you trade a volume of 500 USDC on Myriad Markets, then you're eligible to the Myriad Grand Master Badge,
which you should probably go and pick up if you haven't yet.
So make sure you go to Myriad Markets and you go predict.
So Tyler, yesterday we had our all-time high prediction day.
We did $150,000 of volume yesterday.
So it was awesome.
Love that.
I love the share to earn update.
I think it's going to be huge for discoverability.
That's always a big thing for markets like this.
Even me,
like I'm not scanning all the prediction market boards on a daily basis to
see what's out there.
So I'll sometimes be surprised when I see something on Twitter and now you
make a bet you're incentivized,
go share your thesis.
And people are going to,
they can copy trade you.
They can take the opposite side and you're going to earn either way.
And if folks don't remember,
like one of the slicker features of myriad is the social integration.
So you can bet if you've got the extensions up and working,
you can bet live on X.
Yeah.
It clicks.
It's super easy.
It's awesome guys.
It's really awesome. So you, All you have to do is go there.
We actually opened a Farcoin market, Tyler,
today. A flash one.
Farcoin above $1.2 billion
market cap on April 20th. Tomorrow's close.
Above or under 1.2.
What's that market at?
111.
The market's at 66%
Oh, man man I need a
7% move to capture
60% ups
that's a 2x on yes
that's one headline
I'm probably going to bet that right after the show
we did hit our mark at
120 which was my personal first level here
and then what
maybe we put a little handle here
to 998, 990
was 120 the level or was
135 the level, that's the question
yeah, that's true, people have different levels
my level was 120 personally
because it's that
perfect cup, but you know what's going to happen, we're going to
handle again and we're going to
go again, so
that's the story of this coin coin it's just like it handles here
well not that high or or maybe hopefully or maybe hopefully that high uh that'll be cool but anyway
so look at this like it's pretty cool like we're about to hit we hit 2.25 million already but you
know we're already on pace today to beat that yesterday's high. So make sure that you participate. Uh, the earn is here. We've seen people already sharing their,
uh, sharing their, uh, the referral codes here. So make sure that you use this and
you know, go earn here. That's the integration by the way, you can literally.
So right now I'm not logged in, but see this person, they shared the referral code.
Look how cool this is, Tyler. I have the extension right right there yeah so i can put my prediction on and that person at
dti.ron they would earn for me predicting directly on x man that's big people gotta pay attention to
this people really gotta like let's say i put no i gotta sign i think i'm logged out of my shit here
um i don't know if it's gonna work. Yes
Yeah, you gotta be all signed in and everything but yeah, but you know, it's uh, it's really cool. So yeah, that was the news
And it's big like, you know
Oh, yeah, oh man, we have a
We have a lot coming like I said, we're gonna kill the fee on on sales
We're gonna kill, you know, we're going to launch V3.
We're going to launch an integrated wallet.
And then, you know, at some point there's going to be a TGE.
So it's good, you know.
But first, the three things I said need to go out, like V3 and everything.
So it's going to be exciting for everything.
All right, Sims, let's pick a winner.
Or else I'm going to keep talking too much about Marriott.
much about Marriott.
Who do we know?
Marriott, let's go.
Marriott, let's go.
Habit
Crypto.
Habit Crypto.
Come on up.
What do you want?
Habit Crypto. Come on up. What do you want? Habes.
Habes.
Habes Crypto.
Habes Crypto.
Nice profile here.
Habes.
Habes.
Habes.
Habes.
I like Habes.
You know, it's like my Habes.
We're playing tonight.
Game two in Washington.
We almost won game one.
Fuck.
Went to OT.
God damn.
Playoffs are stressful.
Hey. Oh, there he is.
Should we play Risky Click today?
Let's see if he's watching us first.
Let's see if he's...
What up, Habs? Is it Habs?
Habs?
I can't hear them.
Hi, can you hear me?
Oh, I can hear you. How are you doing?
Good, good. Long time listener. First time winner.
Oh, sorry.
There's an echo.
Why can't I hear them?
It's because it's through Tyler's broadcast, so only he can hear them.
I know, but usually you can.
Everyone can.
You sure you don't have a button pressed?
You still can't hear them?
Habez, keep talking.
Yeah, can you guys hear me?
It's okay.
They can go through you. That's fine. I can also kind of hear Habez, keep talking. Yeah, can you guys hear me? No. It's okay. They can go through you.
That's fine. I can also
kind of hear them from my left ear.
So we're good. Alright, Habez, are you
watching us live on video or are you just on audio?
I just opened up the video.
Okay, your video. Sick.
Okay, should we go risky click?
Let's do risky click, Tyler.
Let's do it.
Alright, well, Habez Crypto, congratulations first and foremost.
You already made $500.
Let's go.
Oh, fuck.
There's not enough money in the account, Samson.
I got a sense of...
We need to make it $1,000.
No, there is because $500 is banked.
Oh, $500 is banked.
Never mind.
Sorry, sorry, sorry, sorry, sorry, sorry.
We got to make sure.
I'm just making sure.
So, all right, hey, for sure you made 500.
Now we're going to go play some risky click with you right now.
Let's go.
You're going to have two shots at $250 each.
The rules are very simple here.
So you said you can see us, right?
Yeah.
Okay, so there's nine levels.
So one, two, three, four, five, six, seven, eight, nine. right yeah okay so there's nine levels so one two three four five six seven eight nine you just have to click and you decide when you stop each click is the multiplier on the 250 dollars pick a number
between one and nine seven seven oh so you want to go two and a half x right one oh that's what
i'm doing okay yeah just the higher you go on the number,
the riskier it is to lose it.
Like, number 9 has a 23% chance to win,
whereas number 1 has an 82% chance to win.
There you go.
So we'll go again.
You can pick since you're watching us.
Okay.
I'm going to pick 2.
This one?
All right.
Let's go!
Confirm.
And it's, what is it?
Stakes of me.
Yes!
Got it.
All right.
You're now up to $325.
Do you want to cash out or do you want to pick
another number?
It's still the same
bet?
Now you have $325 and you have to pick another tile.
Ooh.
And I'm doing this twice, right?
You have another, you have another role after this.
Yeah.
Yeah.
You have another role, but you are still already banked $500.
Okay.
Let me cash this one out first.
Okay.
Okay.
Conservative.
Conservative.
Congratulations.
So now you've cashed out $325.
That means that you've already made $825.
That's for sure.
No matter what, today you leave with $825.
Love it.
All right.
Now, $250.
I see what he's doing.
Now we get a little risky.
All right.
You get to play again with $250.
You pick.
I'm going to go with $7.
Let's do it. Big whoo let's do it big boy let's get it
oh you got wrong that's too bad because the last one the tiles were all almost all green but you love to listen hey miss crypto You made $825 today on the show.
Thank you, guys.
You're very welcome.
Thank you for being a long time listener.
I did catch that at the beginning.
We really appreciate you guys listening to the show since day one.
All right.
Well, Tyler, that was a great show.
Right on time, 4 p.m. here.
Love to see it.
We'll see you all tomorrow morning.
Ten a minute.
So stand in time for the episode of FOMO on RUG Radio.
Let's go. Thank you. Bye.
