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Market Talk- Crypto Melt up incoming!? STBL and ASTER top 10!?
Recorded: Sept. 26, 2025 Duration: 1:17:09Space Recording
Short Summary
Crypto enthusiasts are buzzing with excitement as predictions for October hint at a bullish resurgence in both equities and cryptocurrencies, driven by significant project launches, economic growth indicators, and strategic partnerships. With a promising GDP print and upcoming token airdrops, the market is poised for potential growth.
Full Transcription
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Продолжение следует... music music music
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music Oh Oh Oh Oh, my God. What I do is be gone You can't leave your feet You can't leave your feet
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yeah Thank you. Oh, my God. music Oh, yeah. Hey Hi! Hi! Hi! Hi! Hi! Hi!
Hi! Hi! Hi! Hi! Hi! Hi! Hi! Thank you. guys what is going on welcome back to market talk donnie brother something insane is unfolding in this market. It's about to be a step-by-step incremental play.
I noticed that Scott Bessent yesterday had said,
I think we can push the stock market up.
So equities probably rip going into the month of October.
And I've got some dubious speculation for majors next week.
Again, just dubious
speculation.
And as far as
on-chain, we are
seeing Aster pump
pretty nicely off of
those local lower time frame lows
that we set yesterday.
It's up like 12, 13% since then.
And I truly think that like October is going to come back in a big way.
It's just a handful of alts though.
And I'm really hoping that at some point we can actually see the breakout from the IWM.
But I really don't have much to open up with today, guys.
But before I pass it on over to Donnie,
I want to let Donnie speak for a bit because I know, like,
these last few spaces, it's for whatever reason,
like the panels have opened up instead of it just being myself and Donnie.
Anytime I just want to
have a stream with Donnie, like there ends up being more people that join. So today, guys,
it's just going to be me and Donnie. But as I always do on Fridays, you guys can come up and
request. Usually on Fridays, I open up the panel. So feel free to hit that request button, guys.
But prices kind of still remain the same across the board really with
the exception uh of a few tickers ether back above 4k um so a bit above uh 200 bucks 200 buckaroos
and on chain it's kind of it's it's kind of dead, to be frank.
But I've seen this kind of pattern before going into Q4.
And I think the good thing right now that we see is that there's at least some sort of risk appetite.
We've seen things like IP Story Protocol doing well.
We've seen Plasma doing well.
And now Stable and Aster doing well. and there are a plethora of launches that are
going to go live in q4 some of them will be some some pretty nasty airdrops
I'm talking like 10k plus and those are gonna be some nice semi checks for the
for the crypto market but Donnie what, what is going on, man?
How are you feeling?
Guys, don't forget, show some love to the space.
Hit the spaces tab.
Once you guys do that, you'll see that link that says x.com slash i slash spaces.
Hit that like button.
Hit that repost button.
All that good stuff helps out with the algorithm.
But Donnie, bro bro what's what what's
the playbook man we uh we uh only have a couple more days left in the month and um is october
gonna come back man is october is this october gonna be the biggest yet is it gonna be the biggest yet is it going to be the golden age what's up bro um man things are looking good
um i don't know if you've seen the new um dude that fed uh that uh trump threw into the fed right
steven moran have you been seeing what he's been saying and things like that i only just caught up
steven morad i think his name's steven miran or something i heard his name was steven
morad you know morad he's gonna pop our memes bro steven morad man steven morad yeah um he's
he's basically giving us the playbook of what trump is trying to or the Trump admin is trying to do at the Fed, right?
Because he is definitely running things that are accommodative or saying things that are going to be accommodative to the Trump pro-growth, pro-market agenda, right?
There's like a long video on YouTube that I just caught up with now.
It's like a speech that he gave talking about kind of what he's seeing with his models and
his analysis of the picture.
It was like 20 or 30 minutes long.
And he's basically just saying that Fed funds rate needs to be around two to two and a half
percent for a neutral rate.
And a neutral rate basically just means it's neither accommodative or restrictive.
And right now, you can argue that the Fed is being restrictive, right? basically just means it's neither accommodative or restrictive.
And right now you can argue that the Fed is being restricted.
So they're trying to basically bend, I guess, the thoughts of the Fed towards that slowly over time.
And of course, when, what's his name, Jerome Powell actually, if he does end up resigning, you know, in May or whenever his last date is,
things should be progressing towards, you know, kind of what Steven Moran is saying,
as they, you know, try and basically get change, regime change at the Fed. So,
oh, man, I was just bullish to hear that because that just solidifies what is going to happen in
2026. And you're at a 4 fit fit funds rate right now uh you know
that thing's coming down significantly to a neutral rate of two to two and a half percent not even
accommodative and we know trump is wanting to be as accommodative as possible uh to his own playbook
so you know he keeps talking about needing to be re-elected um and you know these are all things
that will help uh that cause the middle to low income households clearly struggling the job
numbers were bad uh rates are going to help that cause. The middle to low income households clearly struggling. The job numbers were bad.
Rates are going to help that.
And those are going down.
So they're already booked in for October with how the current Fed is kind of running things,
October and December.
And today we just got a GDP print of 3.9% nominal GDP, which is a big uptick from the
last report that we had.
I'll share it to the space.
So you've got GDP up, inflation down, more cuts booked in.
The ISM is looking to expand as well.
The Russell's sniffing that out.
I don't know what you could be bearish about over some local noise right now in the BTC chart.
You've got gold in the stock market pricing and all of this that I'm talking about and more.
And you're just waiting for BTC to follow suit.
You're just waiting for that BTC SPX rotation, BTC gold rotation.
It's going to happen when they overheat.
And they're already coming close to technical targets right now.
7K for the SPX, 4K for the gold chart, where you will see rotations into higher risk assets like BTC, like the Russell.
You know, Russell is clearly going to go over 3K.
What does that mean for crypto?
It means you're going to have a massive expansion.
So yeah, I was just bulled up this morning reading
and catching up to all this stuff.
And I unlocked a new mode, Moran mode.
So we're just waiting to go Moran mode now, Wabi.
And yeah, it's just looking good.
In terms of the BTC setup right now,
you could be potentially putting in a higher low
where we are right now,
or you're going for the sweep of 107.
Who cares?
It's a 2K point difference.
You can kind of see across the board
if you're looking at like your alts or whatever,
or even just looking at Bitcoin dominance,
you've had a decent bounce off the lows, off this bottom.
And the thing that you need to understand with these bottoms is why you should be, if you're bullish on the setup, if you think we go higher, is you should be scaling into dips rather than trying to catch the pico bottom.
Is because when things bounce, they're just plus 50%, 2x off the lows, right?
And you'll just miss the low,
and then you'll overthink, do I get in on the higher low? And then you don't get in on the
higher low, because you think it's going to roll, and all this kind of stuff. But I think we're
close to a bottom on BTC. And I just like that Bitcoin dominance is kind of rejecting here
locally, it's still not enough to like confirm that, okay, olds may be our bottoming no matter what BTC does. I would need to see Bitcoin
dominance below 58% to kind of play out this local sort of bear flag redistribution, whatever
you want to call it. But yeah, I just think we're so close to bottoming on BTC. And again,
we're transitioning into another month. We've seen endless dips into the end of the month,
or even starting off that first week, and then you find your footing and go higher.
If the macro trend is pointing higher, and we have just outlined that the macro trend is
definitely pointing higher. And there just seems to be no reason to sweep lower than 106.7, to me,
at least, because the liquidity data is pointing for a very large cluster around there.
And there's really nothing more lower than that. That's really significant for price to
go any lower than that. So I think you just sweep that at the worst. And then you start pricing an
upside. You could go all the way back up to 118, 117 before you have any sort of higher low pull
back from there. And you saw the last time we went from 107 to 118,
how much coins rallied off the bottom.
So you don't want to be missing these local moves either
and kind of just dumping all your bags,
thinking that you're going to 90K
because I really just don't think that's the case at all.
There's nothing pointing to that.
So yeah, just waiting for this transition.
And I think we're going to start.
I don't think it's hard to say if it's going to be October
in terms of big, big expansion to the upside
where we actually break the all-time high.
I don't know that yet.
That's way too hard to just predict blindly here.
But if we do sweep 106 and in the first week of October,
we start pricing in and
pricing an upside and clearing some of these now new resistance zone which are a little bit lower
you know specifically if we get above 114 now yeah it's going to start indicating that okay
we are actually kind of following that gold fractal that i shared yesterday of now that
range that gold was in from 3500500. And we're kind of just
going to chop until we get the big pop, right? And likely that big pop comes when gold and SPX
maybe are a little bit higher, or maybe they cool off here and actually give the liquidity now,
who knows. But it is sort of all forming around that imminently in my view and yeah just um kind of the latest date is again around like
mid to late november for the true all-time high breakout but again coins can rally off the lows
significantly before you have the all-time high breakout the all-time high breakout will just
add the extra turbo to make everything uh you know break out on its own chart as well or at least
get significantly off the lows
and start approaching the all-time highs,
respectively, on their charts.
So, yeah, it's looking good, man.
I'm pulled up.
Steven Murad, man.
Steven Murad.
Man, did you see that spike on M2?
Today?
No, earlier in the week.
There was a massive spike on M2.
Ah, yeah.
It was a big DXY dip.
So it had nothing to do with money supply with like money supply or anything like that wasn't
it from china it was china's in zerp right i don't see the big uptick that you're talking about on m2
i think there was um are you talking about us m2 or global into global m2
i it was a decent uptick. It wasn't anything like
crazy. It was a new all-time high though.
Yeah, that's what I'm referring... That's what I was pointing at.
Right. The only thing that's next, bro, would be this
quantitative tightening stuff. But hey, dude, if
China is in Zerp and QE, then
that's pretty bullish for Binance with what they're doing with Aster and all that stuff.
And I think about two days ago, yeah, I think it was last week, there was like Stablecoin, that Stablecoin act finally went through or whatever.
And now, like all these stable coins are coming out left and right, these stable coin platforms, things like Plasma, things like Stable, USDF, that's the Binance one.
And that's like the sector that Trotify has wanted to get a part of you remember scott was sent he's like the uh total total market cap
for stable coins he could see it going as up upwards to three trillion and if you look at
what went on with stable franklin templeton like made their first move minting over a hundred
million it's a lot different than like a blackrock going into
eth and positioning themselves with a couple hundred mil of usdc for that buildle thing i
think it's called buildle um and they still haven't deployed that yet at all so there is a lot of like there is a lot of uh capital waiting to be deployed it's just to me
it really struck out that a new a new stable coin from the co-founder of tether is out in the market
right now and the first mover is franklin templeton which manages trillions and trillions worth of assets.
And it just seems like TradFi and CT are on two different moats.
There's a portion of CT that's waiting for retail to come in.
And then TradFi is just looking to be sharks, having ownership of stable coins, ownership of certain protocols, getting supply of coins and all that stuff.
Remember, we saw these digital asset treasury companies moving in left and right all over the place.
And then yesterday, like right at the lows, like right at the lows or at least the lows so far for for these alts like 38 eth
190 soul it was um the sec and finra looking into investigating over 200 digital asset treasury
companies and yeah that that basically marked the local bottom for uh for a lot of alts even
on chain man uh like if you look a lot of a lot
of things uh have been locally bottomed um even something like cards is up like 80 plus off of
the low um so i'm thinking like i'm thinking like is this actually going to be the trend right where
like the market bottoms on bad news and tops on good news. And I remember, like, when ETH was at 5K, it was insane. Like, Tom Lee was looked at as a hero. We
were saying Tom Lee mode and all that stuff. So, yeah, it's probably going to be a trend,
to be honest. And perhaps, like, the next wave of big news is an actual Solana ETF going live that's launched by BlackRock and some digital asset treasury companies that buy pump and probably more hyperliquid treasury companies as well, but more so down the risk curve like in Aster, which just being so so pushed by cz i think cz owns like 90
of the supply um i think that's like confirmed he owns like 90 of the supply and both aster and
stable they're both gonna have um their buyback programs going live in the first week of october
oh and also guys if you use aster from here astrodex from here until in the first week of october oh and also guys if you use aster from
here astrodex from here until like the first week of october uh you'll qualify for the airdrop which
they'll be air dropping four percent of the supply so that's like hundreds of millions of dollars
that are going to be spread across the crypto ecosystem even if it's only like a thousand
bucks just make a trade on Aster
and you'll probably get a decent airdrop, man.
You're still in...
Is my mic working?
Yep.
Oh, I was just going to say,
are you still in Aster and what's it called?
Stable? still in aster and what's it called uh stable
mostly in stable mostly unstable because like aster just went up way too quickly
for me like way way way too quickly um it's giving me like early stage hype hyperliquid like the chart
like right now on Aster
if you start losing like 171
pretty convincingly
I reckon you're due for a correction
kind of like how hype
it had a really strong first wave
it was super hyped up and everything
and then you went all the way down to like $8
or something like that not saying that it'll be like that who knows i don't know
um and then that was the generational bottom or the second generational bottom to actually get
into and then it went all the way to like 50 bucks or whatever it hit recently
well with aster um it looks like it's following like aster and stable have the same chart basically
yeah because because here here's the thing right and this is something that people
or at least or at least i haven't seen yet because look here here's the deal i
do have my personal account right king wabi and i do follow people but there's only so
much that i can see on my timeline right there's only so much that i can actually see so most of
the time i have to come up with my own stuff and think for myself when it comes to like these big
vc plays and like even with story i remember talking about story back in february
and i did a little small trade on it um but i felt like i was like a bit too early on that one
because like we were in a little bear market but um oh dude what happened with ip as well like
it's actually kind of sad like they they had marketed so check this out donnie if anyone here watches anime um what story protocol wants to do they want to basically like bring ips onto blockchain
and it's imagine if you were able to like invest in a crunchy roll or like an early stage netflix
and that revenue from said ip they they pay it out to people. And you can get a part of that chunk, right?
It's pretty revolutionary, to be honest.
But then, like the IP provider for solo leveling and a few others, they basically said, like, no, they're capping.
So they pulled out a 2017 ICO where I think Walton Chain said that they partnered with McDonald's or Walmart.
I think it was McDonald's.
I said they partnered with McDonald's and then McDonald's basically flooded Walton
Chain and their price depleted by 50%.
And that's kind of what happened with IP.
But with Stable, right, there is something to be said. Why did they decide to launch on BNB?
Right. Um, all their supplies on BNB, they launched on BNB and their stable coin is
minted on BNB. So why not do that on ETH? Why not do that on soul? Um not? Right. So you would have to think that like there's probably some small agreement between him and CZ.
So perhaps USDF, which is the Binance stable coin, right, the Binance Smart Chain stable coin, where it could be used globally for the everyday user but usst is going to be reserved for like nation states and stuff
like that right like bigger players in global stratfi um so stablecoin 2.0 essentially and
you'll be able to you know go go on uh bnb defy i'm assuming they're they're building that now with Aster and I'm just
putting two and two together so it's like all right CZ wants a portion of the pie not only on a
TradFi institutional level but also like globally so the global one is USDF and institutional wise, it would be it would be USST, right? So it's a bet on CZ, basically.
And they both move together, like they're actual alphas to one another. One isn't beta to the other,
which is good, right? They're both alphas, like they both have their own niche right and with aster it's it's privacy right as
a matter of fact aster used to be called apx for people that don't know but the liquidity was so
low like you weren't really able to buy much man um you could have bought an aster at like seven
cents but it was really really really low liquidity you weren't actually able to buy aster
and use the actual product until it was at like 20 plus cents which is when it started to make rounds
and then csv tweeted it out it pumped to 60 cents and yeah then the rest is just history right i mean
luna was kind of the same thing, man.
Luna, people were able to buy that at like 10 cents,
but it wasn't until Luna was like over a dollar where it started to become consensus.
And for whatever reason,
like this participant cycle of CT,
they're very contrarian, right?
So it's like when memes die down they're like oh
now people are going to come back to memes i'm just going to buy memes instead of recognizing
that instead of recognizing that this entire cycle memes and fundamentals have actually rotated right
if you look at 2023 for example um when pepe launched you had other meme coins as well launch as well right ticker
bitcoin um a few others as well that i i really can't remember but i know there was a few other
meme coins that were launching on chain when pepe uh launched in april of 23. um but then after that
launched in April of 23. But then after that, it was basically fundamentals for like 10
months. And then in February of 24, January of 24, that's when whiff was going crazy,
popcat, mog, et cetera, et cetera. And then what happened after that, right? Like what
happens when memes were pumping from February of 24 all the way to the summer?
It was AI.
AI mostly had taken over.
Memes did pump as well, right?
You had Chill Guy, Peanut, Fred, and all that.
But AI had just as many winners.
It had even more winners than memes at that time.
There was a new runner every few days, not only on Soul, but also on Base.
And what happened after that, we had that little
bear market after AI. And then right at the bottom, you had things like Hyperliquid,
Sui, Fundamentals lead off of the lows. And then going into the middle of June,
all the way towards early August, you had memes. And then what happened after that,
the fundamentals are right in front of you, right? You had pump, Aster, stable, now plasma.
So the rotation has been memes pump for a few months, fundamentals pump for a few months.
It's just like this back and forth, right? And you'll have like your little anomalies when one sector underperforms
um you still have names within that sector that do well but for the most part it's just been like
this rotationary game of of hot potato and right now like there's clear appetite for
for fundamentals right but i don't really think it's like people on chain that are bringing these
prices up i legitimately think that it's like trad fi people um actually deploying into these
all coins just as they did with avax luna phantom solana in early 2021 and retail was mostly buying doge last cycle doge in 2021 was a concentrated
bet within all of retail they were mostly buying doge and chain link and ada and i think a little
bit of avax but like for the most part stratify was bidding these bidding these big ones. And if you look at what Robinhood is deploying,
dude,
Robinhood has been deploying a bunch of like leverage products for their
clients,
right.
For their users.
I think yesterday they launched shorts basically at the lows.
Robinhood tweeted out something saying bears.
We heard you.
And I'll go ahead and I'll put it up on the nest so you guys can see.
Give me a sec.
I'm scrolling now.
I think it was the CEO, Vlad, who had tweeted that out.
Oh, Vlad Tenev.
That's his name.
He said, Bears, we heard you.
Oh, here it is.
It says, I put it up on the nest, and he says, we heard the Bears shorting soon on Robinhood.
And that basically caused the small local bottom.
And so if you look at what TradFi is doing with all these products, they're launching things other than spot.
And you look at what's launching in crypto with Hyperliquid, Aster, Stable.
They're launching more products than just more than just buy or sell right things that things that include leverage um they're they're
they want a piece of that pie uh in crypto so i think like what the l1 trade last cycle with
luna and all that stuff that's going to be these like perp dexes um because there
i i just don't think like at least for right now they're gonna want to go further on the risk curve
because they can't really deploy size um and usually when fundamentals like lead the way
and the broader market tends to pick up and yeah those are my thoughts on that with like stable
and all that stuff donnie
yeah fair it's a good thesis um i would still just be a little bit cautious if you do start
losing those levels like if you lose 171 on aster i reckon you're gonna have a correction
which will probably mean uh stable as well like if you lose 0.35 on that convincingly i reckon
it shoots all the way down bro so i would just watch that or like set a stop loss or something
um and then look to rebuy the lows because the thesis is solid, like you're saying. I would just get a way better entry because these things,
the price doesn't always reflect where it ends up in the end, right?
Because it's just too many people are up.
Selling pressure takes over.
How do you say it?
If there's too many sellers, then buyers, the price is going to go down.
But yeah, just watch those levels, I would say.
And then, yeah, go from there. the price is going to go down but yeah just watch just watch those levels i would say and then yeah
go from there but you mentioned something about like memes and uh utility like rotations and
things like that the thing about memes right and i've got a chart that i need to post it's just
the total market cap of memes uh on coin market cap but from the lows from the april lows right you had things like sui like
markup from the lows from the exact bottom to the exact local peak there that 150 which is sick
right you can size up into that with millions of dollars make a you know over 2x gain on that
but then you look at things like mooting off those lows and plenty of other memes did like
not as impressive as rooting um but they did you know like 10x or around their other memes did like not as impressive as mooting um but they did you
know like 10x or around their mooting did like 15x off that low is once those candles start flying
bro people just start bidding memes again like that was like death of memes as well in terms of
sentiment way worse than it is now like fartcoin isn't even down at those lows anymore that it was
back there it's like trying to bottom around 600.
The Pico bottom of that bottom was like 200.
For Fartcoin and for Moodang,
it was like sub 20 mil or something like that.
And dude, when they started rolling,
everyone was bidding every meme in sight
that was like coming off the lows.
It was just like, oh, this one's going to come off the low now.
Boom, bid that, bid that, bid that.
I think you're going to get the same thing
just at a much, much higher scale.
So sure, like utility or whatever,
they will have their time and they'll do well as well.
It's just they are less multiples.
And of course, they can be deemed as safer.
But I don't know.
When that algo starts going on the memes, bro,
it's just you can't resist it.
It's just too many gains left and right.
I think you're going to get the same thing on the next breakout,
like the next BTC breakout,
past one 30 K.
If you get that with Bitcoin dominance nuking and everything else that we've
been talking about,
I don't think there's going to be anything that will outperform them in terms
of percentage gained.
Yeah.
I'm not,
I'm not doubting
that at all i'm just saying like the rotation has always been there you get your size with
these fundamentals and then you rotate that into on chain and then my gosh but if you see pepe and
price discovery like you start selling everything man that thing is like That thing has always been the death toll
Usually two to three weeks after a price discovery the market starts to go to kingdom come
And I want to think this time is any different at all to be frank
but what I do think man like
You're gonna see a change in the top 50
To be honest, there's just a lot of like
coins and boomer coins that are there dude like why the hell is avax still in the top 20 dude
like and all they do is they pay like posters they pay their little salary and that's it and
there's just like this whole larp about tvl and all that stuff bro there's tvl on neo there's tvl on ancient blockchains from 2017 and it's like
is that tvl actually going to be used no bro it's mostly like laundering um but there there's a much
needed shift in the top 50 man and i think we have him right in front of us, to be honest, bro. I really do.
And those are my thoughts, man, on the market.
I think Matt said something next week about jobs reports or something like that.
Yeah, I don't think that will obviously do something,
but Price is just going to do what price is going to do.
Honestly, they slap any sort of thing over the top of it
to point and say that's why price is moving up or down.
I think the macro trend is higher.
Any data or whatever is not really going to do shit, to be honest.
You do have the ISM report on the 3rd of October as well.
I don't know if that's going to be a strong uptick just yet.
But with how this GDP print came, potentially next month, we could see an uptick in ISM as well.
And that's on the start of every month, which kind of ties in with November as well being the big breakout.
So there is stuff to look forward to, like that jobs report. Sure. If that comes in
as it needs to be for a perceivably bullish outcome for the market or whatever, then yeah.
You also have the FOMC at the end of that month. There's a whole bunch of stuff. But again,
the macro trend, everything is already headed in the direction that we want.
It's all just noise, like it's just gonna go up
yeah apparently the cycle is supposed to end um in three weeks in exactly three weeks the cycle
is supposed to end uh yeah yeah dude this trump administration are just gonna be like these small
bull markets and these small bear markets it's going to be like all coins still go down 80 plus 90 but majors only get cut by like 50 60
btc only gets cut down by like 30 35 40 if that if that um and it's probably going to be the same
thing over and over again, which is,
I think that's called the super cycle,
isn't it?
Like a grand bull market with these mini bull and bear markets.
But,
but you know what I saw,
bro?
I'll just finish off with this,
Donnie.
with Aster,
like there,
there's some onk that I'm not going to like mention here,
but there's some onk who I literally saw this guy talk about all everyone
is selling their stuff to go into aster what could go wrong right and aster was at like 50 cents 60
cents and he's like oh time to look at word of short aster and it pumps by like 300 plus percent
but this guy is like bullish on unk coins like Lincoln, Ave and Ada and coins from like 2017, 2020.
Like, bro, why are people such haters?
There's such onks, dude.
They're in bags that really don't really have much notional buyers except the product itself.
And what I mean by that is if you look at the treasury
for some of these companies, right,
like the amount of BTC ETH and stables they have,
they're some of the largest holders for ETH.
And most of these companies are ICOs, right?
Aave was an ICO.
It used to be called ETHLAND.
And they have like tens and tens and tens,
if not like hundreds of millions worth of stable coins
and it's mostly them twapping up their bags and they pay kols to tweet about them and those kols
and their their audiences of fish buy those small bags like if you look at avac suit it's just been
lower high after lower high after lower high since that complacency,
since that macro complacency shoulder in December of 2023.
Same thing with a lot of alts that peaked against BTC in Q1 of last year.
It's just lower high after lower high after lower high.
And it just brings me back to that conversation we had like months ago on Twitch
where we were talking about others btc
and now i agree with the statement that you made man where the others btc chart is going to go into
price discovery as you have multiple tokens like like uh pina and fred come out into the market
where they go from zero to a billion in less than a month and it's just that that that's the kind of
cycle that we've been in right like most of the gains for these tokens happen within the quarter
they happen within the quarter um and truth be told i mean look at ai16z. It went from zero to almost four bill in market cap. And it's just dust now, bro. Off into the wind. No one knows what they're up to now. What were you saying, man?
Going off of what you just said there, like the others BTC chart, right, that thing has been in a structural downtrend on a very high timeframe chart, like a monthly chart, all the way until now.
But if we're having all of the macro side of things confirm, play out, stocks ripping, gold ripping, rotations to crypto, Russell ripping, you're going to have others BTC also change its macro trend from a downtrend to an uptrend.
So what does that indicate?
It indicates that you're going to have a sustained bullish uptrend against Bitcoin in the altcoin market as long as this liquidity cycle lasts.
So that means that you're not going to have full round trips on charts like AI16Z, for example, unless they rug or whatever, they screw up their
operations, you will still have corrections, but it's likely you trend higher all the way through.
And the thing that I was thinking about recently was kind of like how the Russell was underperforming
the SPX for like four years straight. It's kind of like the altcoin market versus Bitcoin.
And then the Russell started ripping recently back to all time highs and people getting bulled up on it. Oh, it's going 3k,
it's going 3.5k, all this kind of stuff. And a bunch of individual stocks doing super well.
I think you're going to have the same thing in the altcoin market. Even those dino shit coins,
they're going to come back just like how XRP came back. And then everyone was like, wow,
I remember XRP.
And then boom, the narrative starts coming up and everyone's bidding it
and they think it's going to 100 bucks
or 1,000 or whatever, which makes no sense.
But even those old coins, bro,
when they start ripping off the lows,
it's just the algos driving everything.
Kind of like if you take the basket of old coins
and just label it the Russell,
once that starts to move,
everything will get bit up and the
whole market floor will start escaping i think that's what's coming next not just like cherry
picking coins hey you know total total um i think it's total three but the usd pair uh and the russell they look almost identical man so total three and the russell
yeah yeah like they're both at macro range highs
ah yeah yeah yeah but total three is that including bitcoin
um i think so.
No, it's excluding Bitcoin.
Yeah, excluding.
They're not including.
It actually does look like Russell.
Exactly like Russell.
And yeah, you do have some of these coins now moving off the low, bro.
Like AVAX.
And Ripple's still around like $3 or what is it?
Like $2, $3?
Yeah, shout out to the ripple guys bro they missed almost 10 years of gains and the moment it went into price discovery they said i told you so
that's hilarious yeah the the the lexicon of crypto participants is honestly incredible sometimes.
But that's pretty much all I've got today, bro.
Yeah, there's not too much.
We have to just wait for this transition to October, see the first week, and then from there we'll have signal.
Yeah, but I don't really see anyone requesting there's only like one guy that's requesting um
and he doesn't have any mutuals he doesn't even follow us and it's in an ancient language that i
don't even understand but there were a few others as well that were requesting but uh we were still
yapping and i usually like to bring up people towards the end,
but if no one wants to come up and speak,
thank you all so much for tuning in, guys.
We're going to go ahead and wrap up the show.
But in case you guys have found this show for the first time
because of the algorithm and all that stuff,
we have one person, Mar.
I'll bring him up.
He's spoken before, and then I'm gonna wrap up one last but uh if you're
looking at troll right now it looks insane right but it's also sparking up some other memes
on chain which is nice to see like that's a strong v reversal off the low
yeah i'm glad that i think we were talking about that yesterday or two days ago like
troll got a coinbase listing and if it doesn't start moving then it would actually be like Yeah, I'm glad that. I think we were talking about that yesterday or two days ago.
Troll got a Coinbase listing, and if it doesn't start moving,
then it would actually be worth a concern, man.
I was looking at bidder.
It was just approaching the level that I wanted to enter,
and then bang, they got listed on Coinbase.
I got priced out.
It depends on where you think it's going to go.
Where do you think T it's going to go like where do you think troll is going to go yeah i'll you know i'm at like 75 million it's like 85 and i just yeah i'm not gonna buy it at
170 rather buy more bucky yeah real um dude i wonder how useless even caught a bid to almost
half a billion man um you'd have to think that like the soul
foundation actually like started to buy that thing um but uh i'll just give like the outro but
before i bring up the other people but guys if this is your first time tuning in and you enjoy
the content over the last hour uh we go live here on spaces throughout the week usual start time between 4 30
to 4 45 p.m est we usually yap about all things markets crypto macro track find all that good
stuff so if you enjoy the content feel free to give everyone a follow and also feel free to
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you can send us a message with any questions in regards to any of our premium packages
and we'll get back to you within 24 hours so i'm gonna go ahead and um bring these two people up and uh see what
they have to say mar what's up man hey what's up king what's up what's up guys man i just came up
here i've been trying to come up like the last two weeks uh i just come up here
to ask you a question about a stock uh robin hood i actually got in in robin hood under ten dollars
and people made fun of me because i didn't buy nvidia about robin hood i'm not that much of a
stock guy but i guess i hit it good there and what what what do you see it going man throughout this uh
you know 25 26 i and uh i know it's a stupid question you know but just to give me a little
bit of uh better hopes of holding it man because i'm still you know uh holding robin hood it's my
baby and uh another thing i wanted to say man, look, I heard you two weeks ago.
We're neighbors, man.
Whenever you want to pass by the Ferris wheel, I'm the manager, bro, of Skyview.
So you just write me a message, anything.
You got any friends?
Just come over.
You don't pay shit, bro.
What's Skyview?
The Ferris wheel, man.
Right?
You said the other day you were on a balcony in Miami looking out. So you must be seeing my fucking Ferris wheel man right you said the other day you were on a balcony in miami
looking out so you must be seeing my fucking ferris wheel right uh skyview is that is that by
yeah yeah bro oh damn bro that's what's up man uh but yo man i'll say this bro when if when it
comes to robin hood it's like like since i've been a part
of because bitcoin it's been like the only stock where i've yapped about it continuously across
across the week on these shows and it's the stock for the long term dude um in my opinion
and i think like when me and donnie were getting attacked for being bullish at the lows in April, calling for a melt up, which is exactly what happened in the equity markets.
Like when you have a stock like Nvidia adding trillions to its market cap and you have the quickest V reversal from a 20 plus percent drawdown in equities into price discovery in less than a quarter that is by definition a melt up
um and i was mentioning that if you want like the next big trade as a crypto proxy it's probably
going to be hood um because the michael saylor story is over like i i think he's cooked. Not himself, but, like, the narrative of MSTR.
I think it's a zero compared to Robinhood.
Because Robinhood tailors to the next generation.
And micro-strategy tailors to angry people that think the world is going to end
and that everything is going to be denominated in sats.
And, I mean, just look at the hood.
I never do any pair charting because I think most pair charting
could be a psyop comparing one specific asset to another, like directly.
So if you look at hood against MSTR,
at hood against mstr hood has has outperformed mstr by well over a hundred percent over the last
couple of months um and if you look at the last 12 months that's a whole bigger story hood has
outperformed mstr by an even greater amount and i think hood is a trillion dollar company for what it's worth. I think it's a future mag seven. I think they're going to be just as big as Google.
for, what's the word, risk assets, right? It's the glossary index for risk asset positioning.
Whether you want to be in money markets and earn yield there, whether you want to
hold stocks for the long term, whether you want to trade on leverage for the short term,
it's a glossary index for risk, right to place capital what google is for information i think
hood is going to be that for capital growth right um for risk allocation i know it's a bit of a
weird thesis but that's how i see it and and honestly dude like um simply just recognizing that ken griffith from citadel securities is a huge like equity
holder within within robin hood um and citadel is like one of the worlds if not the biggest market
maker then the upside to that there there is no upside like with AI right now there there there is no cap to upside
is what I'm trying to say like it just gets bigger and bigger and bigger and bigger right and if you
look at the way everything is financialized dude you download any if you download any app whatsoever
where you have to spend money or where you can allocate money there's always an offer um for like uber right
oh book 10 rides get 30 off for a week um doordash right buy our delivery pass get 10 off of this
uh robin hood buy 100 bucks worth of stock get like 20 bucks worth of stock uh clarna, buy now, pay later. Everything is financialized. And the biggest position that you
can make right now, as far as upside that is 1,000% plus over the next five years, in my opinion,
five, 10 years, is probably Robinhood hood man it is like the gauge for this economy
that loves to speculate uh in my opinion yeah man and real and real quick man the reason you know i
invested in hood you know not not so much of all the information you have and i i didn't have i'm
not like the smartest guys just i love crypto and I have to detach myself from hood, like treating it like a,
like a crypto asset because it's not.
So I get kind of nervous, you know, like we're going to have a bear market for hood.
But the reason I invested on hood, man, because I saw something so simple that a lot of people
were blinded about.
I was like, I know that crypto, there's a future, there was going to be a future in
crypto and hood. It's just an easy application man a five-year-old could go in there and buy stocks
in crypto and i saw i saw the value there i'm like i'm buying this stock this thing is way on
the fucking value especially from the thought of gang stop i guess you know but i'm like this
i just saw the value man without even being that
smart you know yeah and and you you don't have to be smart man like oftentimes the smartest person
in the room um is often actually quite dumb um because if someone is the smartest person then
like why aren't they like super super super, super mega rich, right?
But I kind of see the same thing also with Iron.
A lot of crypto people, they always want exposure to, like, AI and all that stuff, but they don't want to take it.
Maybe because they don't like someone on the board or an investor or they don't like the CEO or whatever.
Um, but that's, that, that's just is what it is, man.
And I'm applying that same kind of framework with stable, right? Like a lot of people, they want exposure to, uh, the real world asset narrative and stablecoin mass adoption for Tradfi at least.
So it's not mass adoption, but it's adoption where Tradfi wants to get allocated to
the stablecoin protocols, right?
And there's only a few there's only a few that within crypto.
And there's only a few.
There's only a few of that within crypto.
And when you have Franklin Templeton actually use the product where they met over 100 million USST within stable, then that tells me that there's about to be a've got for you guys today. I'm going to go ahead and wrap up. I hope you all have a fantastic weekend ahead.
like 250 mil um and you had franklin templeton meant like half of the market cap of uh stable
with usst so that's pretty massive in my opinion and um i think as far as trad fi i think the only
exposure would be robin hood and circle because robin hood uses stable coins so if you actually think about it
Robin Hood is like it's like a it's sort of like a trad fi proxy to BTC in my opinion
except Robin Hood is gonna is offers way more products they offer yield. They offer speculation. I think they offer speculation with their,
I think it's called bullish, where you're able to participate in IPOs.
They're probably going to add prediction markets. So it's going to be like the money app,
basically. And how do you value that? You can't. Money supply is going to continue to go up.
Speculation is going to continue to go up.
We're going into a Gordon Gekko kind of economy, right?
If you guys have ever seen Wall Street, Donnie, have you ever seen Wall Street, man?
Is that a movie or something?
the movie was a movie or something yeah it's a movie from uh 1987 or something like that
with charlie sheen and michael douglas you should probably see it's probably one of like the
greatest movies ever and there's a there's a part in the movie where like he tweaks out
gordon gecko tweaks out and he talks about net worths, right?
He talks about the way money is used in America.
And he says this, right?
You have most of the people with little to no net worth, right?
And most of the money that's going around in America, a third of it comes from rich people,
their inheritances and all that stuff.
The next third of it comes from like passive flows, right? 401ks and all that stuff. And then
the next third comes from people like him who create nothing. They make money based off of
speculation, right? So we're going into an environment where there's like just speculation.
It's dubious speculation. There is no such thing as like sound analysis because nobody wants to hear sound analysis.
Nobody wants to hear a thesis on investing or any of that stuff.
They just want dubious speculation. Right.
Like, oh, Tether co-founder made a coin.
I'm just going to ape it, right? CZ is backing a coin. I'm going to go ahead and ape it.
Oh, Vlad from Robinhood is starting to add all coins into his brokerage. All right,
time to ape it, right? There's no like huge, huge, huge, huge thesis anymore.
The same thing with iron
right the thesis is Bitcoin mining and AI that's a no-brainer 8 bit right so
how do you quantify that and the only way to quantify that would be breaking
the inflation adjusted all-time highs in equity land relative to their march 2000 bubble which would take the nasdaq to
like 30 000 and the s p to like 9 000 which has been my target for a minute i think the s p is
going to like 10k uh by q1 of 27 um and i don't think that's crazy at all, to be honest. I don't think that's crazy at all whatsoever.
So what does that mean for crypto?
Probably a lot higher.
But a lot of that value this time around, because you don't have retail as active as they were in 21,
and probably won't for some time, it's probably going to be tradfire.
You're going to have the sharks come in and add a ton of money.
Then the fish are going to come in and probably get rinsed in in the beta because that's what crypto people like right they
they they never want the alpha right they miss something like aster um or like a stable and they
they ask themselves oh what's the beta and the beta usually gets destroyed against the alpha
most of the time right look at luna on chain when luna ran to like 120 there was
barely any beta to it um sometimes you just have to recognize that even if you buy something
that's worth billions in market cap the upside is still there look at hyperliquid hyperliquid
went from eight bucks from the first week of april it bottomed at $8, and it ran to like $60 in less than six months.
You're talking about a return of over 500%. You don't see that in Shradify.
And you look at Hyperliquid against most of the top 100. Bro, some of these assets didn't even do half of that i think one of the
only assets that did those kind of numbers in the top 100 was pengu um so sometimes you just have to
buy the alpha asset that actually has like a market cap where people can size into um and
that's the environment that at least I think we're in right now.
All right, cool.
Like stable has a market cap of almost 300 mil and it's not 30 mil.
Okay, but I'm pretty confident that it's going to outperform things
that are trading in that market cap right now
because the people that are active in this market,
they're not your on-chain monkey participant.
This isn't a jungle environment, right, where people are getting drunk off of the Kool-Aid as they were in Q1 of last year.
Like, this is back to tradition.
This is back to fundamentals.
Prometheus gave that thesis as well with KTA back in March,
KTA back in March, where you're probably going to see these plays that launch at high market caps,
which in crypto, I'm not sure why people think an asset that has a 20 to $40 million market cap is
high, because that is a pink sheet stock. That is a pink sheet stock. That is pennies, bro. That is pennies.
So it's probably just going to be an environment moving forward where at least for the next few weeks, it's still going to be concentrated bets on high caps, right?
Look at what Pump did, right?
Look at what Hype did.
And now Aster and Stable.
But I am confident that, like, you will see an on-chain echo bubble but it's gonna take some time in my opinion like you need the fed to end quantitative tightening
in my opinion bro because right now it just seems like trad fi is getting so, so, so much attention with money flows. And even people in crypto are starting to go to TradFi.
And so the proxies to that, right, to ride upside with what's going on in TradFi, it's
only a few select names right now.
But it's crypto, right?
Eventually, every sector goes up.
But we have to focus on what's happening right now as well because
otherwise we're just going to be like waiting and waiting and waiting and waiting and then like we
end up missing all these trades and um yeah but i am gonna wrap up now um but uh yeah guys we'll
see you all on monday donnie thanks for coming on, thanks for coming on to Yap as well, man.
But yeah, guys, feel free to give us a follow.
Apologies for giving such a long conclusion to the space.
But I'll see you all on Monday on Spaces.
And feel free to check out our YouTube channel called Market Check.
Some of our other guys, they do a TA show on there, um,
hosted Monday through Friday,
start time,
11 a.m.
EST or 11,
15 a.m.
EST right around there.
And,
that show also goes on for about an hour.
same here with market talk.
all right guys,
peace out.
Take care.
yeah,
check out the Wolverine trailer, by the way.
It's a pretty sick game.
It's coming out next year.
And watch JoJo's Bizarre Adventure.
That's a pretty good anime.
And watch the new Demon Slayer movie as well.
That's a pretty dope one.
But all right, guys.
Peace. well that's a pretty dope one but all right guys peace The end of the day is a very difficult time to get to the end of the day.
The end of the day is a very difficult time to get to the end of the day.
The end of the day is a very difficult time to get to the end of the day.
The end of the day is a very difficult time to get to the next video. so
me I like this.
