GM GM, thank you for joining us here this morning. We're gonna start the show here in just a few minutes. We'll give it a few revokes to filter in. Get our speakers up on stage while we wait. Here are some tunes.
Good morning and welcome to the Lucky Lead. Today is Monday, May 15th.
15th. It is a beautiful Monday morning here in Chicago. The sun is shining. We had a nice little Mother's Day celebration here with my family yesterday. I'm hoping all the other mothers out there. I had a nice day as well. Now it seems like the sun might be shining on the NFT market a little
a little bit here as well. We might be coming out of our depression. I'm excited to get into it with our speakers here today. I see some friendly faces out there, Hunter, Liz, Darryen. Thanks for joining us. As a reminder for any new listeners out there, we do run the show every weekday Monday to Friday at 10 a.m. Eastern. It's a 30-minute
show covering all the major news in crypto, web 3 and in a tease. This show was meant for those interested in discovering the space, those actively buying and selling in the crypto and in a tea markets. And those here just doing research. I'm your host Tyler D. I'm joined by some amazing co-hosts here today. We've got Logan Hitchcock, editor and chief
over at Lucky Trader. He's repping the Lucky Trader account. We've got Ghost, Content, Star, Quiet, Well, Dipping His Toes, and AI. But still hanging with the NFT crowd and rocking that knock Amigo still. And we've got Emily loves Crypto, a Web 3 security expert and co-founder of the Full Proof app. Emily, good morning and how was your mother's day?
Good morning. You know, I spent a lot of it with my mother and sister, and long so it was like that. Okay. Well, hopefully it was, hopefully you have a good relationship with them and hopefully it was a good day for you.
Folks, on the docket for today, we've actually got a decent amount to unpack from this weekend. We're going to talk, have NFTs bottoms, some bullish headlines that have been coming in over the last few days. Elon, tweeting about Pepe, we've got Jack Butcher cooking again, plus all the headlines before we get into it. Go to any housekeeping items for today.
Yep, as always, Tyler does a great recap of the NFC space every morning in the Morning Minute newsletter. The man is waking up at 5 a.m. every morning to give you all the alpha. So make sure you give the newsletter subscribe. We've got that pins at the top. And then speaking of newsletters, we've got our AI authority newsletter pins at the top as well. We've been grinding away at that one and AI focused newsletter.#
technology. We've got that pizza shop as well. Awesome. Goose will thank you for that. All right. Well, let's dive right in our top story for today or NFTs back from the debt. So if you look at that classic Wall Street psychology of a market cycle cheat sheet, I think that most folks are familiar with it feels like we
might be in or leaving that depression phase of the cycle. So we had panic and capitulation back in April as floors were tanking live during NFT NYC when holders realized there weren't really any major announcements coming to save their bags. Then we saw the timeline get angry, a lot of anger
directed at Boller, just a lot of PDP in general on the timeline. Then as meme co-incisions started and heated up, people seemingly just stopped caring about NFTs altogether. And then this feels like it was punctuated last weekend when Boller had less than 1,000 daily active, unique wallets.
across both weekend days. And then the common narrative on crypto Twitter and even NFT Twitter was the NFTs of dad. Well, you know, everyone's always the most bearish at the bottom. And we started to see some positive signs of some potential reversal here. So here's a list of just some of the bullish headlines from the past week.
multiple five to ten each sales for his S1 series over the weekend. We've seen the only force project rally 80% on the week on major news from the new ownership team and speculation ahead of a major announcement coming today. We saw the our blocks curated drop on Friday, meant out and do a quick 2x on secondary.
We haven't seen that in quite some time. We had the anemocca brand's chairman, Yatt Sui sweeping the board eight floor over the weekend. We've got clay or gas back in the forties down significantly from recent average highs over 100. And then we had Elon tweeting out that Pepe meme, Pepe Soared.
In the hours following that but then cool off within hours So you know each of those bullets is important I think that those last two points are the ones I'm watching the closest so meme coins and gas have been huge drivers and this NFT Trading coming to a halt in the past few weeks
if it costs .04 to .06, eat the transact entity, trade or something, aren't going to do it. And even more so, if there's easier money to be made in the meme coin streets, but I don't know. It seems like there's some signs that meme coin season might be over, or at least ending soon. It feels like that pep it
last week and could have been a blow off top in hindsight. Of course, easier to say looking back. The coins have been mostly down only ever since. And then as the coins are being traded less, we've got lower away, meaning it's a little bit cheaper to start trading in a tease again. So that's kind of the backdrop. I've got a little bit more. But before
we get into it, I want to just kind of tee it up for our speakers here. Maybe which of those events that I kind of went through is the most bullish to you and do you kind of feel like we might be turning around here. Ghost maybe I'll call on you first. I think that the most bullish one there for me is definitely the
the gas going down because I think that that really had a huge impact on people trading. It's just really prohibitive to trade NFTs and try to move in and out of positions when it's going to cost you almost as much an eith just to get rid of it, especially for the lower tier collections. I don't think that people that were trading
board apes or some of the higher end collections we're carrying as much. But for the average user who's just trying to trade in and out of something like a knock amigos or something that's like 0.2.3, like when you're spending 0.05 and gas, like it really adds up. So I think that gas going down is definitely a bullish indicator for NFTs because I think people will start trading a little bit more again.
Yeah, I'm right there with you Emily your thoughts on the list Okay, so the gas thing I think is actually a little bit more complex um That gas is a really important component of the Ethereum network. It provides friction
for users to decide just how important making that trade is and it creates people's, it creates like a reason to hold, right? So like having prohibitively high gas is actually
good for collections in a lot of cases because it means that they aren't willing to trade until the price gets over whatever that relative amount is. So the price isn't likely to go down. It's more likely to go up as a result, which I think is really interesting. What I do think
is especially interesting about gas and gas being high recently is that it continued to stay up after Pepe was listed on a centralized exchange which kind of makes the case
four centralized exchanges if you're into trading crypto, basically like as a day trader, right? Because then you're able to take advantage of the market change on a centralized exchange
And you don't have to pay the gas as a result. You just pay like a transaction fee and if gas is high, then that's frequently lower. So I think it actually does play a really important role in the ecosystem. It's something that we're currently trying to really like wrap our heads around as far as an economic concept.
and go ahead and reply if you want to. But I was going to say I think that, you know, Pete, the
only for pump is the most interesting thing. I think that that coming through and people deciding that that's bullish. I'd have to look at the numbers on or are they sure if that's coming from current holders or new buyers. But I think that's interesting that this team is coming and people
have decided that that's what's going to happen. However, I have seen like some weird threads on it and people are trying to say things like, oh, you know, maybe they're going to get a spot on Crunchyroll and like there is an NFT project made by the founders of Crunchyroll already. So like, I'm not sure if the speculation is just kind of
like misguided or not well researched or what, but I think it's interesting. Sure. Yeah, there's, I do want to break down the only forest situation a bit. There certainly is a lot of speculation happening and it seems to be driving some of the the price action we've seen. Before we
do that Logan any any reactions to Emily's thoughts or just which of these items from the list might be most bullish to you. Yeah I think it's a combination of all those headlines that you shared Tyler in particular though meme coin season winding down a little bit people looking for a new place to roll that big ball of money.
or at least try to attach to the big ball money. And I think some of those headlines like the on one fours or you know like the Pudgey toy thing like any of those speculatively nuanced and exciting headlines from this week are really really interesting bets for you know people looking to place some
money elsewhere now that it is a bit more reasonable, perhaps a bit more reasonable, gas wise to participate back on the NFT side. And we're seeing it, right, in the market where like a few weeks ago, some products were making announcements and then it just wouldn't move the needle at all. Pudges are up 10% on a forced
of 80% of course, that's fairly excessive. We've seen captains rallying. There is some positive movement in the market. I'd like to get your thoughts. Do you agree that meme coin season could be cooling off or ending here? You've traded it in and out a little bit.
I'm curious for your thoughts. I definitely feel like it and I think Logan brought up a good point about the rolling ball of money and I think that we're all in a casino here and there's different games you can play one of them is NFTs and one of them is meancoms and as the odds feel like they're changing to to be more rewarding to play in a different sandbox there like now maybe it feels like you can make more money and I have to#
So people are going to start going over there. So it feels like the winners of the meme coin era of short meme coin boost there have kind of emerged. And I don't know if like these little tiny coins are going to run as much or have as much success as they were a couple of weeks ago. And I also thought Emily brought up a good point and something that I hadn't really considered with the gas.
kind of making it a forced hold, but I also think that a lot of people look at the NFT space and look at volume numbers to see if we're truly back. And I think that volume numbers are low because most people just aren't trading in and out of things. So it's hard to have that sentiment shift when there isn't huge volume numbers. And I think the gas is kind of prohibitive to having those numbers.
Yeah, a couple thoughts. So I think gas is a double edge sword where if it goes down, you know, that could incentivize more trading, but that can also incentivize more bid acceptance, right? It was it was prohibitively expensive. If you held, you know, a low, a low cost NFT to even accept the bluer bid in the last few
weeks. Well, now you can start to look at that and say, "Oh, am I going to pay point on one to point on two?" Maybe, right? So that could certainly lead to some downward pressure. So that's going to be one to watch. I think, you know, as someone who's dabbed a little bit in meme coins, not too much,
You know, I think NFTs feel safer to a degree than some of these meme coins right? You can literally go to zero in you know minutes or hours on some of these random coins right of course not the more established ones like Pepe is not going to zero but you know even since the the Elon
pump that we woke up to Saturday morning and it's down to solid, you know, 20%. I mean, NFTs have been going down for a while, but you know, at least the ones at the top of the leaderboard, like you're not going to lose your entire buy-in within a few hours. So I think that's something that I think people are starting to realize that that might be a
a bit of the rotation. But taking a look at some of the numbers here, we talked about only four or up, the pink ones are up. Sam, he's with us in the audience. He tweeted out his large cap index up 4% over the weekend. One of the sharper rallies we've had over the past few
months, strengthen captains, pudgies, board apes. You know, the chart does not look great. If you pull that thing up and zoom out beyond this past weekend. But it's at least something. Sam, you're up on stage. I'd love to hear your thoughts.
on, you know, are we just seeing like just a, you know, a little relief rally here. Do you think we might be approaching a bottom just general sentiment? I don't know, man. It's hard to say. And I'm definitely not very good at calling bottoms. So I will say that like, you know, yeah, I mean that it people are like,
laughing at that week because that chart is just so horrendous. But you did see over the week in like a zuki and you know, mutinaps kind of bottom bit 9.3 and are now up to like 10 or 9.8 and Pudgy Penguins have had a little rally. One of the queries I like to run is of the people who bought over the past few days, how many of them have
already sold that NFT multiple times over the past month. And when I did, when I ran that on a zookey and Pudgey's, like pretty much every person who's bought has already sold like 30 Pudgey's this month. And I think that that's just though, and a zookey's the same way. And that's just kind of like what makes me worried about any rally is this
It all kind of feels like a little bit of like player versus player like PVP type of stuff where you know, but I just feel like people's appetite to hold any of these things for a long time is so low. And the one lesson that's been beaten into everybody's head via Twitter and elsewhere is take profits when you have them.
And then I also know that I ran some numbers I talked about my show last week that for pretty much every major project there are over 500 NFTs where the last sale was someone dumping into a bid. And I just think people who buy the kind of bid Zambler tend not to be long-term holders because you don't
to pick the NFT, you do that to get points. So I just feel like all these projects are vulnerable to big dumps. So I still have a hard time getting excited about these rallies. But when rallies happen, a lot of supply can get swept up if a lot of them are really hits. But none of this stuff to me
feels all that exciting. Yeah, I mean, it's hard to argue with the data that you just walked us through. And it's going to be hard to get too excited until we see some of those stats change specifically regarding who are the people buying the NFTs. And I think you make another good
point, I feel like after this brutal drawdown and the bad holding and around tripping we've seen, folks are probably going to be quicker to sell on 30% pumps and 50% pumps versus previous cycles where everyone was just happy holding for multiple X's in return just
because it seemed like these things could just run forever. So that could be something to watch in the next rally. I'm curious, the second part of your tweet, Sam, this is despite one of the lowest volume weekends in two years with OpenSea doing less than 2008 to volume on Saturday, Blair with his lowest volume day since token launch. Lower volumes can be good for prices as volume
I'm curious, maybe can you elaborate a little bit more on what you've seen with the lower volumes? I mean, if you look at blur volumes and blur is like the single most important player in the space has completely knocked open sea out, you know, when it comes, especially when it comes to the projects where
talking about here, more than half the sales are people dumping into bids. It's got nice highs, like 67% of all sales on blur among the big projects are people dumping into bids. So if you see a project that hasn't traded for a while, prices tend to drift higher. And that's because
that lures in more bidders who want to get more blur points and they bid higher and higher, you know, and and that's just the nature of the market right now. I actually disagree with what was said earlier that people aren't trading in and out. I mean, the average, the average, the average holding period right now is less than 24 hours. Like, I don't think we've ever seen this much trading in and out.
Relative to the amount of trades happening like I ran some numbers and if you look at the the average sale where the person where the person bought it all a bit on blur is six hours later six hours or that's the median that average has six hours Wow, if you look if you look at the median sale of someone who who bought it on
open sea where they weren't where they're actually buying they're picking picking the NFT and buying themself. It's 48 hours so a lot more than sick but that's still not a lot like pretty much everybody has become a flipper now you know and I think that that's just like the the environment right now so there's a high flip environment and still you know like open seas volumes like
like are lower than they've been since basically June and of 2021 and July, the first half of July was before things popped like it is really dire when it comes to volumes. I just think like in this environment where all these trades are people kind of hitting bids like low volumes 10
actually to not be a bad thing, that's just kind of the market. The technicals of the market have shifted so dramatically over the past couple of months. That's just the new world we're in. Yeah, no, it all makes sense when you lay it out like that. So certainly some new factors to be aware of when kind of thinking about whether to
into the market. But a lot depends on your time horizon. I think we've always like people have always celebrated volumes like is but I don't think people really know like if volumes are a good thing. You know, Zuki did the most volumes ever when they went down 70% one week. You know, it's like volumes have always been a weird metric to celebrate in my view. Like it
I think oftentimes volumes have corresponded with turnover of holders to a better group of holders or a newer group of holders and shows that there's interest and energy in a project. It's normally, I understand why it's sometimes celebrated, but statistically, I don't think there's a whole lot of evidence that tons of volumes are necessarily a great thing.
in this environment where so much of the volume is dumping. I think it was one of the funny things like some saying about lower gas, it just means it's cheaper to dump on bids now. I'm not sure if I say you know and I think there is some truth there. Obviously there are cases like right now you're saying I'm Pudgy Penguins almost all the sales are people buying and the same
Amazon as you can't always like this, but I think just over the past month, that's when the trend. On the topic of blur, we saw like the major news over the weekend that one of the biggest, one of the bigger market manipulators had as a hundred and ten thousand point balance wiped out. So do you think
that move could help stabilize things or do you think the other whales are still sophisticated enough? It was interesting. I mean, he actually didn't get knocked out for it. It's unclear. And I think this is one of the problems I've seen with Blur is unclear what exactly leads down.
action. Like when they go to points disabled, via wash trades, it's not totally clear when they make that decision to do it and when not to. It's been, it's felt a little bit arbitrary. In this case, I'm not, like this guy wasn't the stuff I saw, like the pump and dumps, like we're not against the rules.
You know, it's perfectly in line with their policy to buy 50 mutin apes and sell them six hours later, which is kind of the type of strategy this guy would do I think the reason he got cancelled is because There was a period where people were illustrating a ton of crypto punks because it's zero zero fees
And the purpose of wash trading is that points are allocated based on which projects do the most volume. So if you're out there getting tons of points on punks and punks trade 20,000 a day in the second biggest project trades 2000 a day, then all the points are going to people bidding on punks. So, you know, if you can just wash your yourself for free.
Like I think that my understanding just from being in a few discord I'm in a few discord with air drop farmers that just talk about this stuff Hey, so my understanding from a few of those is that that's where this guy got dinged was for that wash trading that we did on punks a little out. Yeah, I don't think
You know, it's kind of, it's a, like I would be, I would feel unstable if I had invested millions of dollars into air drop farming. Yes. People were getting knocked out for reasons that weren't 100% clear to the community. But I don't know. You know, who knows if other people
feel nervous enough. Yeah, I mean, I would feel unstable for several reasons. One being, am I going to be compensated via this blur token as much as I thought maybe a few months ago at this point. We'll say my definitely appreciate all your thoughts there. Emily, you had your hand up for a while reactions to daily and Sam's thoughts are just additional
for this topic. Yeah, Sam was talking about volume a little bit back and you know the volume volume as an indicator goes hand in hand with royalties right like projects projects want the volume they don't necessarily care if its price goes up or down
down because that's how they get paid. So the volume going down I think has been incredibly challenging for a lot of NFT projects, especially with the royalties basically going away with blur. That combination I think has caused
and enormous amount of projects to just give up entirely because that was really the only opportunity they had to make money and most of them didn't come up with extended plans and most of them weren't really taking their funds and you know doing what they should be doing which is like re-informed.
forcing the network and staking because that's a way that makes sense to make money in crypto that you just don't see much of. So yeah, I think that's like an important dynamic to understand how this kind of became the snake eating its own tail.
Yeah, I mean I was more just talking from the perspective of like if I like back in the day used to tweak which projects hit the most volume and if I did that all the holders would freak out like yeah, we're awesome You know we did the most volume today like there was this sentiment which is different among holders I think at this point if you're a project that really is like banking on royalties
then you have your head in the sand. I just don't think. I feel like that writing's been on the wall for two to three months. And you know, the recent decline over the past month, like with royalties that have 1% pretty much across projects take away like captains and a few that enforce. There are a few that still enforce.
I feel like if a project and I work in a project, like if you have your business plan around royalties at this point then you're watching a different movie. Yeah. It's pretty much proven to be ineffective at this point and it's time to get some new revenue streams. Well, I think we've ripped on this quite a bit. I want to get to a few
other headlines. But before we do that, let's let's quickly read the news. Let's try that again. Today's top headlines powered by Lucky Trader. Trading boy, was it just under 9,000 eighth both days this weekend, though in until you saw a good amount of green on the board.
Our blocks is updating its bytecode storage library to enhance on-chain storage capabilities for its platform. PudgyPingwan's share that Pudgy toys are coming on May 18 as the PFP project looks to use toys as a Trojan horse in the NFTs. Proof announced that holders of the bookends study in a Deacon Outclan physical pots created by Snow
be those smart money on BAKC and beans as those two projects. DeGa just partnering with the Ordinal Gallery to host an art event featuring live auctions and special collabs on May 18th at Bitcoin Miami this week. And as we mentioned, one of the biggest pump and nut players on Blur had a massed 110,000 points got sent to zero.
today. And Web 3 and crypto news crypto did rebound the bit over the weekend after days of decline Bitcoin up 2% at 27,000 370 eethup 1.3% in 1830 Pepe soared 40% on Friday night after Elon tweeted out a Pepe meme reaching an $840 million market cap before retracing back to 700 million.
over the weekend. We've got LG Electronics, a seeking patent protection for a TV that facilitates NFT trading, and then a DETUS announced they are rebranding their official Web3 Twitter account from Indigo Hertz to Alt by a DETUS. Those are the headlines. Go, any of those that caught your eyes, stood out.
I think Elon just continues to be in our little orbit here and continues to hit those meme coins which I just find hilarious. And then the rating, I actually participated a bunch in the season zero or whatever the initial thing of the rating for meme land. It was pretty funny. It's very simple.
all discord based. And then it was I ended up with more maps than I started with, which was great. And I ended up just kind of sitting in there and not actively rating, but when you get rated by people because those percentages were kind of tilted in the in the favor of the people who were getting rated a little bit, I just kind of sat there and got rated. And I ended up with more maps than I started with and some special
one. So it was a fun experiment. Interested to try it out in season two here or season one. Interesting. Yeah. Well, clearly the markets reacted pretty well in my reactions on your end. Yeah. You said it was LG filed a patent on an NFT trading TV. That's correct. That is wild.
That's yeah, that is a concept is very at like surprising as and like Especially the concept that you would want to do it from your television That is like a blowing by my
What I think is really interesting about that though, especially as like the way a TV functions as a device, like we already have the technology to make that happen really seamlessly, right? Like you just use wallet connector something and then you can like use your little arrow buttons and click bye.
I don't know, like that I want to see what happens there. But like the TV has a device, right? And like what you do on TV's, I think that's really interesting, especially if like
programs started to issue at FTs for one reason or another. It's pretty interesting considering what could go down with that. That one included in.
And I just I just have to say Sam when we talked at the proof lounge at South by Southwest you were so committed to royalties still and now I'm smug.
And now I'm smug. I mean, I certainly was a proponent of royalties and was kind of against this move away. I say it a big picture. I think there are
There are some reasons that I think it's more complex than that. I wrote a pretty long report about royalties and kind of did call out all the situations where creators just made tons of money and collectors lost everything. So I'm not like all in on it.
But at this point, the writings on the wall, and you move on, my job is to analyze the market. So when something's over, you just move on. Right. And certainly, the royalty conversation we could go on and on about. And interestingly, I'm back to the Argonist TV news. So LG is not even the first.
TV maker to make them moves of Samsung back in January 22 launching the NFT marketplace supported by new to gateway on three of its TV models so Some more big players in the TV space. I'm getting in the game. Oh, I want to quit. We're almost outside. I want to quickly talk about Jack butcher
And what he's got cooking so a few things happened over the weekend one the O pep and market saw several big sales so we saw an S1 series one edition of 40 sulfur teni that that one kind of blew my mind. We saw multiple other sales in the three to six eth range for those revealed a pep.
and then just yesterday evening, I'm gonna see if I can find the thread, Jack introduced Chex Elements. Here, I'm gonna quickly read through it. Maybe we can get it pinned in space. So Chex enters the atomic world via the classifications of physical matter, defined for many centuries, Earth, Fire, Water, and Air.
Classical elements are one of the earliest examples of decentralized consensus, transcending language, culture, and locations. So Chex Elements is going to be a 152 piece collection of hand-thashed 30 by 42 monoprints and on-chain non-fungible token pairs. It's conceived and co-published with the legendary master
John Malant of Serious Editions, NLA. Every pair is a generative artwork on Ethereum that's hand drawn and reproduced following algorithmic instructions on a MyLander 202 lithographic printing press. The 152 pairs are divided into six tiers, all multiples of the original four elements. So there's alpha, order, isolate,
Composite compound and complete. He's got auctions starting this week tomorrow on the 16th with 30% of proceeds going to St. Jude's. Then the remaining auctions will start after closing on May 23rd and a few others on May 24th.
And then specifically owners of checks, opepins and any of the one-on-ones will receive a bitters addition for any of the auctions that they participate in. So this was a surprise announcement yesterday from Jack a little bit to unpack. I think in line with recent Jack news, a little confusing.
Sam and I were chatting a little bit over DMs this morning. I don't have still a full comprehension of what some of the six tiers are. And go, so I'm curious, maybe if you've had a chance to digest this much at all, if you have kind of read on, it's like the alpha
Those are going to be your four, like your earth, your water, your fire, your air. It's a little bit more unclear what like the order, the isolate, what those are going to be. If those are going to be more of kind of your random generated combination similar to how checks are, do you have a read on this?
I have not done completely to the new announcement yet so I don't have a huge read on it yet I need to still dig in. What about the Opepn price action is you call off guard by that you think it makes sense I think the other thing I'm trying to grab my head around is to just
disparity between these sales and the floor. So, I mean, the, I'm revealed up in floors at point one seven. We're seeing five sales, we're seeing ten sales. You think it's just a few collectors driving this up? Kind of what's your read? I mean, it's super scarce and people, people love the first edition of something. I've actually
been looking in the market for buying one of those the first edition ones. I think they make really good profile pictures. I like the simplicity of them. And so I've been looking into them. And I just love what Jack's building both from an artist standpoint and a project standpoint. I think that as he continues to grow as an artist and like we see these things like he's at Christie's and
and now we're seeing this drop checks elements. I think his artist profile is growing and at the same time he's kind of bringing checks and opepids along for the ride. So I'm just a huge fan of what he's doing and the artwork in general. But I don't really have a great explanation for why the floor hasn't really caught up there, but I do know that we always see that people love first
editions of things are the first ones and this one is a super scarce collection, you know, like they're all going to be like 80s, I think there's only there's only 80s so that's that's very scarce and I'm not surprised that you can find 80 people that want to hold the addition one of something like of Jack's one of main his main projects there. Yeah, it makes sense.
So it will be interesting to see how some of these next series start to trade on the market, but expect some significant demand here on the early ones. All right, well, we are running out of time here today. So we'll start to wrap things up. So what is dropping today? We've got the means by 6529.
Coming at 11 a.m. We've got our blocks curated memories of digital that is all but me pull up Today's man here. So we've got our blocks presents Nara by Tingeal coming at one PM Eastern we've got those Nike dot swoosh our force one box pre sale coming at
public on Wednesday. It will be interesting to see how many get purchased here today. The other wild card is Amazon NFT. There's chatter that the Amazon NFT marketplace might date you today. We don't have any specific evidence of that or source, but that is one to look out for. But folks, that is it. That's our show for today.
We'll be back tomorrow at 10 AM Eastern. Thanks to our listeners. Thanks to our co-host. Thanks to Sam for jumping up. Everyone enjoy your Monday. Let's make it a great day. [Music] Bye everybody.