The End Check. There you go.
Alright, let's get it going, Charlie. I'm going to say, I'm going to say, I'm going to say, I'm going to say, I'm going to say,
I'm going to say, I'm going to say, I'm going to say, I'm going to say, I'm yo, yo, yo, what up, what up, good morning, good morning, GMG, oh, what date,
Tuesday, Wednesday, Thursday, Tuesday, it is Tuesday, I don't know the days anymore,
December 30th, 2025, wow, look at that that another beautiful day to have a beautiful day
i got my co-host in house tyler good morning how you doing today i'm good you know getting into the
the end of the year wrap up here actually looked at my taxes yesterday so I had a rough idea of where I was at. Pulled up
a little bit more tax loss harvesting
I'll give you a dollar for your punk.
As long as you sell back to me in
I'll give you a dollar for your punk and then we can discuss the rest offline.
I'll give you $2 for two punks.
This tax loss harvesting thing is a really American thing, right?
I was not aware of this until crypto 2021, 2022.
We can't really tax loss harvest.
But also we're getting taxed to the tits.
It's like all my belongings belong to the government of Canada, including my soul.
I'm so specific because like for stocks you can't
really do can't sell a stock at a loss and rebuy it so you can do it with crypto though
yeah you can still like eventually that that will get regulated out i thought i thought i did i guess
it didn't um interesting i don't know i don't know if you can sell IBET at a loss. Oh no, because that's a stock.
I would be careful with that.
You can sell spot crypto assets.
You can definitely do it with NFTs.
really affects the market?
I think there's some seasonality involved. But like NFT... NFT used to get rins at the end of the year. Yeah.
I think there's some seasonality involved.
I think it might just be more like big buyers are away.
They're going to show up in January.
I think in some ways, like I'm also at the point where I don't want to sell anything else.
Anything I have in profit, like I don't want to sell now.
So like they're kind of like a bit frozen. These last few days.
Cause like you definitely,
if you have a tax liability,
you don't want it to go up.
So we're due for a pump then.
I think we pump in January.
I don't know about the rest.
We'll take it month by month,
but we'll probably take it
yeah, we're going to take it
fucking minute by minute here.
I woke up to like 89, 90K
retraced that whole thing.
I'm looking at my trades.
Like, there's twice now that I'm retracing this trade.
Today on the show, we're going to talk about markets, of course.
I mean, it's the last show of the year.
We're not going to host another show until next year.
So this is the last one, the big one.
So let's recap a little bit.
Let's talk about 2025 in a nutshell.
Let's see what worked, what didn't work, and all that.
We'll give some money away, of course, to one lucky user that uses the FOMO R code.
to one lucky user that uses the FOMO R code.
And then last but not least,
the show is powered by EigenCloud,
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extends crypto-grade verifiability
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Tyler, I have no idea what's next.
Forge the NFT and crypto analysis.
We're ready to bash the bears. Yeah, I'll give us a brief market report here.
We're up about a percent.
Not a whole lot of action.
We were at 89K just a few minutes ago.
So we are doing at least one more part to wrap up the year.
Going out the way we're going in.
breached 3K briefly as well.
So it's just hanging out down there.
on the... Nothing really too notable.
ZCash continues to grind up now at 30% a week
like 50-50 ecosystem and team of investors.
And they dropped 25% of the tokens last night.
Well, technically it was today.
So the airdrop date did resolve to the 30th,
which is notable because prediction markets,
people thought there was insider activity on the 29th.
The 29th was randomly the highest day,
but then it did end up resolving to the 30th.
it's trading at $2.70 right now,
down a fair amount from where it was trading pre-market.
it was like it started at four,
So that's a $2.7 billion FDV and like a $700 million.
Like launch-launched or Tony Pre-Markets?
Like the Polymarket resolved?
So many people got rinsed here.
Anyone who copy-traded Insiders on the 29th
because it did resolve to the 30th.
But like 30th at like 12.01.
But it's crazy they launched this year.
trading at roughly one-tenth of hyperliction.
How much money was involved in this? It was a lot.
Sorry, I'm not logged into the studio.
This is like a weird January market.
okay so that went to 75% wow 29th. The 29th is the interesting one. Wow. Okay.
This is why you got to be careful
So what happened? Insiders went in on 29?
Like there's a million dollars worth or something?
So it's basically like if you
see these dates and that date
specifically had the most volume on it
and it was like the first, like everything
like it's going to be this and then
if they just couldn't get it out on time.
It was the plan. I mean, it launched in a
weird time. You don't really see like the midnight, the 1 a.m. Eastern.
Yeah, it launched really late.
Because I guess that's just Asia, but the U.S. isn't asleep.
Can Hyperliquid not finally start trading good again?
what was noticeable to me,
I hadn't really dug into this.
and I looked at the lighter revenue
Doing a million to 1.5 million per day
during their farming season.
I mean, no, that's not good.
Now we're doing 90K to 150K.
So their revenue drops by 10X.
Where do we go again here?
Go to revenue. Ferics. Go to revenue.
It should be in the top 20.
If you click it, you can see the details.
16th. What's this trading at F details. I'm surprised. 16th.
What's this trading at FDV wise?
It's doing somewhere around one six, one 10th the revenue.
Which I regret because I know folks who got six-figure airdrops.
Yeah, I need to farm shit.
I don't think the average lighter user got that much.
The timeline seems like it was a little bit of a disappointing one.
I don't know how you can get too disappointed.
Well, let's look at the timeline.
Like, is there really going to be another hype?
Like, we thought Pump would be that, right?
At least you and I did for a moment.
Like, is there going to be another hype?
Like, actually, this is a good chart.
Like, that's kind of where I'm going.
Like, I'm not knocking a product, by the way. I've That's kind of where I'm going.
I'm not knocking a product, by the way.
I've never used it, so I can't talk about it.
And I barely, I don't perpetrate.
So I barely got into it, and I love Hyperliquid.
I have my positions, even my spot BTC.
My hype is, I'm on Hyperliquid because I just love it.
It's just so easy to use.
Is there going to be another hype, though?
I mean, there will be another point at some point,
but like, how do you feel about that?
I think we always have the market winner in crypto and there's always going to be alternatives.
But the winner typically prevails
unless it can really get misplanted.
I don't know what lighter is going to do,
especially with the airdrop behind them at this point.
Like that was a day two or something that I obviously remember I traded that,
like I had a big trade on Aster day,
but I'm not sure I would do it again on this. I may take a
punt, but from a trading perspective,
$10 billion FDV? No, I don't.
I don't think Aster's a good comp.
A huge Aster pump was because of the CZ tie-in.
Yeah, absolutely. You're right. It's not a good comp.
So Aster's trading 2x lighter right now.
So I think if you're a bull, that is your upside.
And this is also airdrop day.
So typically on airdrop day, what we get is a steep sell-off,
and then there will be like a rebound pump.
So will this thing go back to $3 today, $3.50 maybe?
I want to see that revenue turnaround before I get too excited. And the
challenge as well, so like Hyperliquid is the incumbent, the current winner in this space.
But we're going to see more competition in perpetrating. We're already starting to see
it. Coinbase is getting in. I'm sure likein hood is going to get in um so retail will have those options
on chain is just going to trade you know where they like to trade especially once the incentives
are all gone the incentives are going to be gone they're going to have additional tokens for an
airdrop but they may seem like an announcement it's not going to be a ton um interesting given
this lit is currently more expensive than the hype on
both circulating and fluid-alerted metrics.
100% of hyperliquid revenue
is directed towards that. Yeah, I just don't
know if there's going to be another hyperliquid.
That's kind of where I'm at as well.
I'm not short by any means.
But I don't really see the upside.
I did see a random post that David Sachs, his venture company, was invested in LIDAR.
And LIDAR was talking about the US.
So is there an angle where they're like the American CryptoPerfs product?
I think a lot of people are going to be caught in this.
I really hate it. I think a lot of people are going to get caught in this. I hate that. I really hate it.
I think a lot of people are going to get caught in this and it's going to hurt them.
Like, we know why Aster pump.
We bought it because of Binance.
And Aster didn't have as big of a circulating airdrop.
it was more control during that pump for sure.
Lighter was widely farmed in the 25% of those tokens are out.
what was especially tricky here is the,
So if anyone doesn't want it,
Sarkar, some folks are going to hold for two days
to not get the tax hit in 2025.
There's probably a good trade in there still.
Holding until $4 to $ 5. I mean, I could
50% move, right? So that's not going to shock me.
So then for me, it's like, what
is the correct ratio? It's like, I'm not comparing
it to Astor. It's like, should it be trading at
1 5th hype? Should it be trading at
Well, it's not even like in the top like it's not like even the revenue is not like you have to scroll the way down
like hyper liquid is still here dude they made 90k a day over the weekend yeah it's not i mean
there's also like shitty ass weekend but still. Pump's making more than them and it's valued less.
Yeah, the pump trade I'll never understand.
For what it's worth, I do not.
Whichever VC invested early in pump and is dumping it to oblivion,
I will never understand pump.
You know they've made nearly a billion dollars of
Yeah, they're effectively trading at like 1x.
Interesting. Anyways, it's going to be interesting to watch
this later. I'll be watching it
today, I guess. Could have fun
we're buying closer to two, I guess.
the day. I think going through the rest,
silver's kind of back up.
Silver's back at 76, so it's hanging out.
We can't let the boomers win in 2026.
get to 2026. We got to talk about that.
Team roll are great internet coins.
This thing is turning at 2.24 million.
No one from the base team is talking about it.
Well, Jesse picked the worst time to go on a fucking social media break.
He sure wasn't silent for the Soldier Boy.
Like the guy says nothing about this
and is like, yo, Soldier Boy, I support you, bro.
Someone from the base ecosystem
There was one of their like coin it.
Sokenized post tokens had a brief
spike. A five-minute spike
to 100K and then it went back to zero.
yeah, this is how you can see there's 10Xs in the
base ecosystem every day.
Folks kind of jumped all over it.
effectively, you are disconnected
from what traders and market participants
somewhat into trades. I have no desire
to trade a coin that I know is going to
I have to sit at my computer and watch it on there. I have to sell
the only spike it's ever going to get.
So anyone who thinks that is the
game is totally disconnected. And I think that's the problem.
Third guy went on the 10-minute rant about it. He made
Nick Shirley coin just goes to zero here
and like I personally will not ever touch
any of them the thing is for
the Nick Shirley coin to pump right now
it would require Nick Shirley to talk about it
and to tweet it why where is
the upside for him to tweet about this
there's only downside like
do never talk about your coin.
You're going to ruin every ounce of...
It's going to ruin his mojo.
I tweeted this out this morning. Maxine Waters
and grill him on some of the enforcement actions
that the SEC has dropped in the last couple months.
You think she's not going to go after Nick Shirley?
All the Democrats, they're going to have to...
I mean, I think they should actually be supporting him
That way they don't look that bad.
But this is becoming by Partinson,
so it's not going to work out pretty well.
Well, he has 900K followers. Fuck, he has like 400k.
factor that he opened up, right?
for a coin that's going to briefly pump?
Has a one-day pump, and it's just going to go down
only? I think the worst thing he can do is
tweet about his own coin.
Not for the coin holders.
For the coin holders, it would be amazing.
Well, some would argue that he shouldn't need to tweet about it.
Like, for the creator model to work,
he should just go on creating his own content like he always does.
And that should be enough to buoy his token.
Well, that's the thing. I think, yeah.
The producers will say, well, of course that's not enough.
there's also not enough buyers in this
market for this to work right now.
would have gone to like $50 million.
Solana is still the meme coin capital of the world.
Like, you trade meme coins on base?
I'm feeling you trade meme coins anywhere, but.
The reason I bought this is because FOMO app had it.
So you don't trade meme coins on base.
I know it's probably rough timing for some
on the team who are on vacation or whatever but like
this is your shot if you don't
run with Nick Shirley the most
I'm telling you it's over
6-7 I talked about on the show It's over. Yeah, it's interesting, right? You know what my...
I talked about it on the show when it was
All the players were out.
They were all asked what's in for 2026 and what's out for 2026.
And almost all of them mentioned 6-7.
But they almost all except for Kobe White said they want 6-7 to be out for 2026.
So I think some folks are perhaps getting a little bit tired of it.
There's a chance it's over, folks.
So let's talk about this, right?
Like this year, I was thinking about this.
I think I brought it up on the show yesterday too, but like there has not been a single
meme this year that has like.
I mean, let's put Trump aside.
So you're saying post-Trump, basically.
Fine, but Trump was like Jan.
It was technically, yeah.
Trump is like an anomaly, right?
Has there been a single meme coin?
Has there been one meme coin?
Troll was probably the...
Yeah, but has there been a meme
in, like the whole of CT?
Launch coin wasn't a meme. It was a platform token.
high and a lot of folks were in that.
That's like the biggest rug of the year.
I think that was like the biggest.
I'm trying to think like,
well, let's just go to the meme list
Is there anything this year?
I keep thinking about it.
Was 2025 a good year in crypto?
It was an on-chain bear post-Trump.
ETFs kept Bitcoin and ETH afloat.
And DATS, of course, kept the majors afloat for a while.
But on-chain's been the smaller rollercoaster loops all year.
And it started to become more obvious in like late summer there was a few pumps
like the eath pump helped in a tease pump right because they were still denominated eath and then
they corrected um but yeah it's been really a rough year on jane like there just really hasn't
been anything i'm scrolling through the tokens now um to see. All these are still from last. Useless
I guess. Useless was probably
one of the bigger, more public.
Yeah, we said that yesterday.
Went to $300, back to $60.
But that one was like, yeah, the
bunk guy and this and that.
It's not the same since he got liquidated.
I'm really looking at it.
Boom is $50 million. It's the it. So like, Boom is 50 million.
But Boom is not 2025 meme.
Yeah, I think that's just kind of like
where everything is at now.
I'm talking that kind of shit.
There has not been a single one this year
meaning there's been many
little memes but there's been a single one
I posted that Axios visual
with like all the most viral topics of...
And I was kind of expecting like,
so how many of these turned into memes?
We were tokenizing everything
and still very few of these.
It's tough to like really dig into.
2025 new cycle in one chart.
Zero to a hundred is the height in search interest in a given topic indexed to 100.
The fires were this year, Jesus.
So it's a phrase that we're viral
and for how long, basically.
There was a meme coin tied to that for a minute.
Exactly, and I think that's kind of making our point here.
LaBubu, I think, topped at like 30 million or 50 million.
It didn't run for 175 days, and then it went to 70 mil.
It went up 5,000% after 175 days.
That was one of the most viral
Doge. Doge, that's signal stuff. Zelensky. Oh yeah. Gaza. Doge.
And every other meme corner was like,
then the meme is going to go.
Doge never broke 24 cents.
I mean, it blew up last year, right?
That basically tells you the on-chain
The blow-off top was December.
So this was... It never went
above 24... 30... Okay, kiss 30 it doesn't even count
okay 28 cents that's when the guy's believing again right like look at that chart it starts
to look good again and uh yeah higher high here we were like let's go yeah i remember you and i
pulling up the meme coin chart like the total total and being like, let's go.
I mean, look at this since 10,
nothing ever the same that channel down.
Let's see what else this year.
LA riots is really wrong.
I bought that meme and it didn't
Cindy Sweeney, she never really had
hidden by the inflation row.
Inflation, arguably, the story of the year.
Cindy could have also been the story of the year.
she's been relevant AF entire year.
K-pop demon hunters with that.
It's just a new show on Netflix that went kind of viral. What?
I never watched that. I didn't check it out.
Cracker Barrel was hilarious.
Folks, it looks like we might be on it.
Although the curve is kind of slanting up
into the end of the year.
Yeah, if you really squint your eyes.
Interesting, the AI one is only in the air.
So other than that, there was no meme action.
I feel like the protocols that launched, they all launched so high, right?
They just weren't good trades.
So like Pump, ICO'd at $4 billion.
Had a brief run to $8, back down.
Monad came out at $2.5 billion.
MegaEth had a killer pre-sale,
the token hasn't launched yet,
so you can't really count your chickens
for those who invested super early,
but then anyone who bought XBL
was their worst trade of the year.
And I think I believe that.
I believe that we will have more ICOs,
but if we don't fix the valuation,
there's just going to be fewer and fewer participants.
Maybe that's how it should be.
Retail crypto can't lose on every ICO.
We can't keep getting fucked, dude.
we took some shots at base on Zorro, or I did.
They've got their new Coinbase token sales platform.
That's where Monad drops.
So what do they got cooking in 2026?
Are we going to see a base token?
You think it's live for 2026?
We have a lot of tokens coming, right?
We have Polymarket, we have MetaMask.
So Polymarket has base token launch by December 31st, 2026.
There's not a whole lot of volume on it.
But wow, I would have said under 70%.
I probably would have said like 35% to 40%
to launch. So that's a big one.
I think it will launch in 2026.
I would confidently bet on OpenSea token
to launch in 2026. I would not bet on Q1.
Q1 is possible, but I think it has to happen in 2026
or everyone's going to riot.
Poly market, I'm on the contrarian side.
I don't think Poly token drops in 2026.
My thesis is they don't want to muddy the waters ahead of midterms.
They want to get through midterms, have a blow-off Q4,
figure out token in 2027,
still have the 2028 election cycle
Like, hey, this is going to be
the biggest election cycle ever.
That's my working thesis,
I mean, that myriad of market,
so like the poly token to even be announced this year is going to resolve to no, right?
Unless it comes out because even though we kind of broke the news against the odds when we had Matthew Modamer on, there was no formal announcement.
I mean, 2025 is really the year of prediction markets.
Crypto breaking up, breakout moment, prediction markets, polymarket, NFT moment type thing.
Like polymarket is the breakout app of the year.
Polymarket is the winner of 2025.
Prediction markets are the winner of 2025.
I'm surprised we're not on the Axios thing, actually.
Yeah, that's a good point.
Polymarket should be on there
It was all people talked about in Jan, Feb.
I think prediction markets were there.
And they're going to continue to be the winner next year, I think.
Like, Koushi's really caught up, by the way.
Got to give them flowers.
These motherfuckers are everywhere right now.
They have their foot on the gas.
That is impossible to argue with.
They've caught up on Polymarket a lot.
There was a moment where Polymarket were really, really far ahead,
and people were like, yeah, Kalshi's just playing catch-up.
But the latest CNN, CNBC news, and a few other things,
Kalshi's really fucking going for it here.
So I think they've come down some of the rhetoric.
They've focused on just integrations and partnerships and products.
And I think that's been an important shift for them.
I think broadly for retail,
like for sports specifically,
That's where the sport, that's where they're, that that's the kind, Couchy is more known. That's where the
That's kind of what they're trying to do, right?
It feels like they're going to sports
Isn't most of their volume sports right now?
I think Couchy is like 90%.
you want to keep that up and then you just want to try to
get that cohort into other markets.
Like the whole everything app thesis.
Like, come here for this,
crypto teams going at it.
Like John Lang posted yesterday,
they want to launch a full pre-market suite
So we'll see if they're able to pull that off.
We have a comment here from L-I-J-M,
Token work did something.
Punk Strategy, we forgot.
Punk Strategy was a runner
not exactly a meme coin but that thing did go to 300 million it was fun it was something new
and fresh that ran and a lot of people made a lot like i'd never traded that one but i loved it like
it was a good one you know it was also like we know people who got in at 1 million it was possible to buy into that one
and then you could have made money on all the other fucking strategies
even though it's not a million dollars but you could have made like
10, 20, 50, 80 here and there like easily
this just popped up on my feed let me share my screen here But see, again, like, damn, I, yeah.
Like, here, this just popped up on my feed.
Let me share my screen here.
See, Yano went, worth noting that if this is a bear market, it is.
It's the first one in crypto history where retail didn't get crushed by fraud.
And so I believe he's wrong, by the way.
But he got corrected by Main.
And Main said, retail got smoked this cycle.
The trenches completely changed how people view and trade alts.
1010 and vibrated $20 billion.
Not to mention things like equities outperformance,
Robinhood, prediction markets, et cetera,
giving retail so many better ways to speculate
without having to touch crypto.
And then he repeated, I mean,
we've nicknamed the cycle the crime cycle.
Remember when the president of Argentina
Retail got destroyed this year.
I think both are correct.
you're buying a meme coin.
I get the point he's making.
And he did reply to someone,
So I agree with him on that. 1010, I get the point he's making. And he did reply to someone. He's like, that's called stupidity. It's not fraud. Right?
I agree with him on that.
He admits like 10-10 could be fraud.
I don't think Trump was fraud.
So I have a question for you.
People keep naming Trump in like the negative light.
Melania was, and that was the same people did Libra.
Melania destroyed, but it was Melania that broke things.
If anything, I thought Trump coin injected.
Like everyone, their mothers made money on Trump coin.
and then perhaps Saturday
I think a lot of folks as soon as that coin
came out came to the realization
Trump's going to try to enrich himself
off crypto so he's not just here for the merits
of what crypto is. He also
wants to make money off of it.
It's going to be taken poorly.
I think it's kind of hard to argue with that.
accelerated the downturn and I think it would have
gone higher. I think it probably would have gone
too high. Melania was bad.
I don't know I think not thinking there was no fraud is crazy like these dude Meteora running around with Hayden that Hayden and fucking
launching coins like the massive celebrity like the Libras and stuff like
The difference is people with FCX were just holding their funds there.
They weren't doing anything.
That's like straight theft.
Libra to get impacted by it.
into the April 4th but then we bow
they were high all summer so we kind of
now prices are back down and sentiments
I see people forget this whole thing.
I think it's because it's meme coins.
We think there was no fraud,
there's a lot of stuff going on in the background of it.
Here's to hoping 26 is going to be better.
Yeah, so I have a little list of 2026 predictions.
Actually, perfect timing.
End of the four-year cycle for good.
I don't think it wasn't 2025 isn't enough time. So
we'll know for sure in 2026 one way or the other. So I'm very excited about that. And I'm still in
the camp that we're going to break out of it. So I've got my Bitcoin target. 180K is my 2026
I've seen a lot of 150ks.
That's not as exciting for me.
So I'm going to go a little higher.
And ETH gets to 7k in that scenario.
I was trying to think, where is ETH if Bitcoin goes to 180k?
My first number was 6k, but then I was like, that's not high enough.
So we're going a little higher.
Three rate cuts is my number on the board.
I don't think it's going to be maybe as many.
I don't think if Hassett comes in, I don't think it's just going to come in
50 bips and then do it every month.
It looks like we'll get three.
I don't think we'll get less than three.
I think in the area I think Zeke 4X
and I think Hype has a chance
we could see Hype in 100 for sure
though I think we will need some catalyst
because Perp's wine is certainly down
so we'll need some capital injection
into crypto for that to happen. Equity perps, I think, are going to be a story of 2026.
I don't know if they're going to be the story, but I think we will see volume on equity perps,
Tesla stock, 10X trades on hyperliquid go up and to the right. Those are going to jump significantly.
I think we're going to see a big acquisition from a major company,
maybe even Mag7 size from the crypto space.
I think that would be a very interesting one.
I mean, we've kind of already went there. I don't think that's a huge prediction to say they're going to continue to grow.
But yeah, I think we'll see significant higher highs
Midterms are going to be huge
and they'll continue to be
one of the biggest themes
a big year for ICOs. We'll
see how they perform. I think we'll continue to see a lot of ICOs.
That's kind of what I jotted down this morning.
Clarity Act will get signed.
Real-world assets on chain.
I think that's going to keep going up and to the right.
I... It's going to be 180K. That would be nice.
I think, yeah, man, I don't know.
This last few months fucked me up in terms of the outlook on the 26.
From a builder's perspective,
I think we're going to thrive like crazy in 2026.
There's going to be some really good tokens come
But the rest of it, I don't know what to
It's hard. That's kind of where I was at this morning before I
really sat down and thinking about it.
I don't know what's going to happen.
Yes, I'm sitting down thinking about it right now.
I'm just like, what's going to happen?
What does give me some pause, so Coinbase came out with their predictions.
Their three predictions are stable coins and payments in the real world.
Prediction markets sustained relevance
volatility to the upside.
I don't have the data in front of me,
but I want to say this was like the lowest volatility year.
gold used to be not gold.
It wasn't volatile asset either until it was.
It's going to be another weird year,
Like you're going to year two of,
of Trump's presidency as well.
Midterms are going to be an important one.
I mean, that's the thing you get with Trump, right?
You get the good and the bad.
So you get the swings, right?
But I think overall, it's going to be good.
So you got a little bit of everything.
It's very shaky in a way, right?
I think he cares about his approval rating.
His approval rating has been going down significantly.
He does care about that, yeah.
And he doesn't want to lose the midterms.
And Dems are 80% to win the House right now.
So I don't know if there's enough he can do to swing that,
but he doesn't want to lose the Senate as well.
So I think he's going to be pulling some tricks.
We've already seen them talk about some stimmies, right?
Like tax refunds, tariff refunds.
So they've got some things in motion,
which could be a catalyst.
Something's going to break us out there.
It might not be right up,
more than just ETFs and the Tom Lees and the sailors driving this market.
I have three big open questions headed into 2026.
Here they are, and we can maybe talk about it.
What's going to be the biggest airdrop?
What's going to be the new breakout app?
And is it something we already have,
or will it be something totally brand new?
And then is CT going to make it?
Those are three of my open questions.
Man, CT right now is dead, dude.
And it's not because I missed that 2021 chit-chat on the timeline.
I miss the Twitter spaces that were popping in and out.
Like on December 30th at night,
you can just pop into someone's Twitter
space and just fuck around a little bit, you know?
thoughts, some dark thoughts about where CT
is. And a part of it... So two
things were happening. One, I think a lot of people were on break
and just not making content. But that's the thing.
But nobody was going on break before.
And then this new algo, it will not show it to you.
Nobody was going on break before though, right?
Like there was always someone, something.
I mean, last Christmas break, the market was on fire.
Also, like you always had a Twitter space going on.
You had like, you know what happened?
Like it's also like everything got very
financialized so everybody had their own little agendas and that kind of broke ct in a way you
know i mean like the second you work for a company or you do this and that people don't want to like
associate with you or don't want to put you on or this. CT got very like, you know, financialized in a way.
But also that's a symptom of prices going down.
Cause when prices are going up,
I need to think a little more before making calls in 26.
Do I really like your 180 call?
but here's to hoping that it's going to be a better year
Q4. I think Q4 was the nail
on the hammer. I think Q4
was really, really depressing
because it started with 10-10, right?
The good news, I'm trying to find, like, the emotions
of, what's the emotions of a
there's one that there's like
you're talking about psychology chart right
yeah yeah there's a point where you're just like
apathetic I think a lot of folks got there where it's like, you're not angry.
You just kind of don't care.
I'm there, personally, like what you're talking about.
I'm like at the acceptance.
I think that's what it's called, right?
It's not in this chart, but I'm saying it's acceptance, right?
We've gone through the depression.
And the depression was really, like,
coming into December, realizing that you gave
back a lot of what you made.
Yeah, because I wouldn't call this. I don't like how
depression disbelief comes after
depression. You're in this weird part
where it's like acceptance almost, right?
Yeah, I was trying to find
a different one where I had more.
Well, he tweets a lot, so shout out to Min.
But I was just saying, it's going to be hard to find something Min posted
He posted like the five phases of depression or something.
Well, it had nothing to do with the market.
It was like something about depression.
Yeah, I'm never going to find it, dude.
I quote tweeted him something.
Do you know what I'm talking about?
Yeah, but I can't really picture it.
These puppets are giving PTSD.
This is like PTSD for me.
It's probably a little tricky to find.
I've answered him a lot this year, Jesus.
Seven steps of, what is it?
This is the chart. Jesus Christ. It's this. It's this. Here you go. This is the chart.
Yeah, acceptance feels right.
It's the last. It's the end you know i mean like yeah we're through the pain acceptance the final step during the path of a hard and
painful mourning process the most crucial component is acceptance whenever you think
about your love okay i'm not gonna read that whole thing but anyway you know what i mean
i was this he posted this min posted this exact image tyler it was this one there we go
there we are where are you uh five probably yeah chat where are you guys
there you go looks is at acceptance a ton is a depression jesus for tony
don't be the best man we got you um five basil's at five lgym is numb
oh my god ways of wang is stuck in anger no don't be there don't is stuck in anger. No! Don't be there. Don't be stuck in anger.
Yeah, it's not healthy to be stuck in anger.
But then you want to move on.
You've got to be angry, but you've got to go to the gym, dude.
Just go fucking bench press.
100 million pounds like Tyler and, you know.
We're soaring. Oh, Bitcoin. How about that? we're pumping, we're flying. We're, we're, we're, we're soaring.
I think we're going to test where you're high for your end.
of course I want the numbers.
Bitcoin closing green this year or what?
I really don't want to scam pump to close Bitcoin green on the year.
Then let's just go to 80K on like January 2nd.
I'm not interested in that.
We get obliterated to like 75, 80.
I've removed all leverage from my life.
I think one of my new year's resolutions is I'm not going to touch leverage next year.
That's probably a good resolution.
but I had way too many bad trades on leverage
Did not outweigh the good ones,
let me put 2x. I was like, no, fuck it. I went back to like 1x. Like, I was like, oh, let me put 2x.
I just don't have it in me.
My pump buy is a terrible buy.
but it doesn't stress me out.
But when you're in a 2x lever position,
Now I have to sweat this actually getting liquidated.
Where are Punk's going to be in 2026?
If Bitcoin goes to 180, they're going back to a quarter million.
Fuck, here's to hoping Bitcoin goes to 180, man.
I think they're going to trade with majors.
So if ETH goes to 2K, punks are going lower.
But if the majors bottom is pretty much in,
except for maybe like a small wick,
I think maybe punk bottom's in.
He's the biggest net buyer of ETH, bigger than Tom Lee.
Look on Chain posted about him.
who's been buying ETH forever.
And I guess they found who that was.
and then they posted a whole thing
and they translated it, and they were saying how bullish they are on ETH. And they posted a whole thing in Chinese, and I translated it,
and they were saying how bullish they are on ETH.
And they got me all bowled up, dude.
It's someone who took a 66K Bitcoin loan,
so that's their wallet name, 66K loan.
It's very interesting. They've been technically buying more ETH than Tom Lee this year,
And then he wrote his own thesis.
It's a whole research thing.
That was really interesting.
But I think I thought you were going to like that one.
It's called the 66K borrow whale.
I really think a big change this year that I've seen is mainstream crypto media.
That's their name. Here, I'll shut my screen again. And then we Turns out it was them. That's their name.
Here, I'll shut my screen again, and then we'll
give it a giveaway. There you go.
bought $1.8 billion in ETH.
This is true. since November, they've bought $1.8 billion in ETH. Is this true?
Keeps borrowing USDT to buy ETH.
I don't love that they're borrowing.
So it turns out this company
Jack E-L-D there you E. L. D. Jack E. L. D. There you go. This is the guy. Okay.
This is it. That's the tweet. So he posted. There it is. All right. So he said,
practice what you preach by continuously accumulating ETH. Since the 10-11 incident,
when it dropped to around 3,000, we've been the industry's biggest ETH bulls. BMNR is a dollar
cost averaging method. First, we're bullish on the 2026 bull market, especially the first quarter.
So we're seeing this a lot, by the way. Tom Lee's saying similar things. It's hard to concentrate
large positions at the absolute lowest point. So we're not worried about fluctuations of a few
hundred dollars. Second, the industry's shorts are overly exaggerated. ETH futures open interest
keeps hitting new highs and has become the dominant price factor.
With some platforms, futures open interest several times that of spot holdings.
Finally, 2026 will also be an environment with comprehensive positives like financial on-chain, stablecoins, rate cut cycles, crypto policies, etc.
We'll keep buying until the bull market arrives with maximum position in ETH, heavily positioned.
We're LibertyFi and allocations to BTC, BCH, BNB.
Wishing everyone a happy New Year's mind.
It's bountiful harvest in 1926.
So he's bought 1.8 million?
I'm pulling up the crypto, the DAT holdings right now.
SBET's the one who got $2.5 billion.
So he's like, this guy's like the third biggest DAT.
But notice how they're also buying World Liberty FI and stuff.
Is it ETH, World Liberty 5? BTC? BCH?
It's like the B coins, I guess.
Man, is World Liberty 5 going to be a cook in 26?
I'm like... I didn't get down to that in that tweet yesterday.
I didn't read the whole thing, I guess.
Interesting. Anyways, I guess. Jeez. Interesting.
Point being, I like ETH, dude.
A lot of smart people I respect are really like, you know.
It is kind of crossed the chasm now.
A lot of people, you know.
And also, obviously, Tommy's a friend.
He's like a really, really, really smart lad.
I know people like to make fun of him cause he's like super bullish,
we're going to turn this show up.
Let's go fucking crazy on the show.
We're going to turn it up. 2026 is going to be a good year. All right. Let's go fucking crazy on the show. I'm all for it. Let's go. We're going to turn it up.
2020 is going to be a good year.
Let's go out with the bang.
Let's go out with the bang.
Let's get some money away.
You know what? Let's pick
two winners today. We have the cash
Let's pick two because we're not hosting for the next two days. Let's pick two winners today We have the cash in the Indie count Let's pick two Because we're not hosting for the next two days
So let's pick two winners today
Congratulations Alright Soy Latte.
Let's pick another winner.
You got to check a soy one this month, I think.
I forget our exact constraints.
Ross. And who was Soy Lat soy latte's username was he here
wait is wang soy latte i keep forgetting
i know wang won very recently love you wang
do sorry apologize I forgot your username. What are we doing?
Oh, because of the 30-day thing?
Mando won too many times.
You got to give it to him.
What are the odds of this?
This is like a 1 in 2,500.
Let's pick a third winner.
We can't take it away from him.
We can no longer take it away from Wang.
No, it's Brian. It's Brian.
It's been a long time listener.
None of these are farmers.
None of these are farmers.
These are definitely people I see every day.
Rekt Rug DJ in St. Antin.
Yeah, none of these are farmers.
I know all three names very well.
And it's three people that I have seen on this show
All right. Here, I'll share my
screen. All right. Well, we have three winners.
as long as we eat originals,
thinking, Tyler? So the first one is Cy.
Cy, do you have a preference?
Do you have a preference you want us to pick for you?
I kind of like the Omaha idea for one of the three.
Yeah, if any of you want to play that, just let us know.
We'll respect your wishes.
All right, now how do you want to play it?
Do you want to play easy tracks?
Also, Soy, I guess get ahead of that
I'm going to log in from StreamYard.
oh easy tracks we got for
Si he's saying easy tracks perfect
why is it doing this again
oh wait let me share my screen
do do do bang and full screen it.
Easy to the tracks for Mr. Psy, which by the way, all three of you already made $500.
So you already pocket 500 bucks.
Man, yesterday was brutal by the way. Oh Whoa, whoa, whoa, whoa, whoa
Man, yesterday was brutal, by the way
2026, I'm rebuilding the shitty out of this
That's space bar, that's space bar, sorry
Let's wait Okay, one space bar. That's space bar. Sorry.
One more or like one more like to the tracks?
Tracks are getting confirmed.
Come on. Come on. Give it to him. Come on.
Alright. The slowest Farouk's ever played the first half of the game.
Because, like, I don't know, man.
I don't like this anymore.
Like, even me personally, like,
I'm not liking it lately, you know?
Here's the thing. That was a very easy board.
Despite how slow Farouk was going,
I'm probably gambling a little bit here.
I'm at least going another one.
Come on. Okay. You got it. 920. Oh
Okay, you got a 920 you can cash out 1425 here keep going oh
My god Easy, this is an easy board. I have to say
This is a nice board, but you see these are the boards that'll break your heart. They will oh
Okay, hold on he's thinking These are the boards that will break your heart. They will. Oh, okay.
We have a lot of lamb shop left today, you and I.
We have two other winners.
Do you want one more or no?
Like, you don't have to, by the way. You can cash out $1,400 here.
So I'll give you one more chance to answer here because I don't like your I don't know, man.
Let's give him a second to think.
$1,400 in this market is $25,000 in a bull.
You didn't have the confidence.
Well, he was going to cash one more, so he would have made what?
If we played again, he would have cashed this.
Okay, so it's not a big deal.
Alright, well, congratulations.
I thought it was a good call.
Should we just keep ripping lamb chops?
I'm down with that as long as Wang is.
Alright. Wang. Wang, you want to play lamb? What do you feel like? Should we just keep ripping lamb chops? I'm down with that as long as Wang is. All right.
Wang, you want to play lamb?
Give me the easy, medium, hard, very hard death wish.
Next four runs are cooked because of how.
Do we let Wang play one hand of Omaha for his other 250?
if you want to change the games,
I love how everybody's like, fuck, man.
All right. All right. Alright. Alright.
Alright, well, this is a really bad start.
Well, hey, you were not supposed to win.
So you still made 500 bucks.
And then the last person was,
What do you want to play?
They don't think there's any more money
in the lamb chop after sigh.
Okay, so you made $3.92 here.
Do you want to re-bet or do you want to play lamb?
So we've given $3000 today.
Oh, we're looking at this.
What has he got? Okay, pair. Oh, ace pair looking at this. I like this 50 50 here. He's got not what does he got Perry? Okay pair. Oh a spare
Whoo Tyler pair of Kings. Yes, dude. I didn't want the fucking twist on this
14 $1,500 too. Yeah. Well, there you go.
Ladies and gents, we've given out like $3,500 today.
So we're not too sure about Friday.
We'll decide with Tyler on Thursday night.
But one thing's for sure is we'll be back on regular scheduled programming
Tyler, I wish you a very happy new year.
I hope you have a great, great, great, great rest of your week.
And to everybody here, happy new year from the whole crew.
I know Mando wishes he was here today.
I was talking to him earlier today.
So happy new year from Mando, from Tyler, from myself, from the whole crew of FOMO Hour at Rock Radio.
Peace out. Thank you. Oh, my God.