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Reality Check π§ποΈ
Recorded: July 10, 2025 Duration: 0:57:49Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the latest trends in token launches, project developments, and strategic partnerships, highlighting Hyperliquid's trading innovations and Robinhood's new prediction market. The conversation also touched on the impact of airdrop anticipation on NFT values and the financial strategies of emerging platforms.
Full Transcription
Thank you. Thank you. you know you're on mute right where's the music
no i know i was on mute i was just waiting for everything to spin up uh for
people to get in here wasn't gonna play any music because we're already fucking 12 minutes late so
um yeah having 12 minutes late and that still wasn't enough time for kenny power to show up
i know right he probably i think he probably woke up and seen that we weren't live and was like,
oh, yep, going back to bed.
Fucking asshole.
It does sound about right.
It is 100% fucking right. So, yeah.
Whether Kenny shows up or not, the show continues.
Later not, the show fucking continues.
So, yeah, sorry.
I just had some technical difficulty some technical connectivity issues yeah some
connectivity and i was gonna just do it with um i was gonna just do it regardless like just old
school no fucking streaming no nothing and then then i was uh then i was like that washed already we're not even gonna stream
on abstract well no if i didn't have any if i didn't have any way to get like set up or
connect then yeah i wouldn't have been able to stream so um yeah but either way yeah sorry for
being late uh just running into some skis shoes. But everything's good now.
Now you get to see me smoke live with Kyle
and his tight man bun.
On abstract, on kick, on X, on everything.
Don't nobody like it loose, brother.
I know.
Don't nobody like it loose.
You need to take your talents to pump fun, bro.
Did they not do a snapshot already or dude i don't
think it's a day one three percent for anyone who's been streaming prior to tge i think it's
uh gonna be like uh you'll get a certain percent like i think it's gonna be an incentivized thing
to keep streaming moving forward i can't imagine yeah that the fucking you know few people
who are actually streaming on there are going to get all 120 million dollars of three percent you
know i think it's something they're probably going to do a portion of that initially to streamers and
then they're going to continue to incentivize people to keep streaming with future airdrops or allocations based on the stream
yeah um well we looked into it i looked into it yesterday and the only way you can go live
on pump fund is by um is by creating a coin oh look at the dog look at uh look at kyle's dog
if you're on stream that's a cute fucking dog
bro i like it i like the color uh usually fuck yeah she is dude she is a little cutie and a
little terror yeah she's been doing pretty good she's learning best she is dude she is a little
cute sorry i had to mute that um yeah go ahead the sound of my own voice dude like nails on a
chalkboard yeah um yeah i know i get that same thing in my own voice, dude, like nails on a chalkboard. Yeah. Yeah, I know.
I get that same thing.
In my head, I sound like something else.
Yeah.
No, I don't.
Yeah.
But yeah, cute dog.
All right.
So let's get into it real quick.
One of the things I did want to mention, today is the 10th. So according to Finn,
you only have a few days left
to get this badge
that's available on Abstract right now.
Oh yeah, you only have until July 11th
at 2 p.m. UTC
to claim this badge that's live.
I have a pinned tweet at the top.
Go up there.
There's a quick video shows you how to get
the badge it's super simple um it only it only costs three dollars and 29 cent uh hey badges
to get the badge um yeah oh wow dude i'm so behind i haven't even upvoted fucking nothing
oh yeah so once you go to this this so like I said, the tweet's pinned at the top.
Go to the tweet.
It's quote tweeting another one.
If you just go down below in the comments,
there was, yeah.
So right in there, there's a link for a web store.
You go there and you just,
all you got to do is buy the,
all you got to do is buy the very first NFTft that pops up uh which is the where's this
hold on let me go to it um yeah so it's like this k-pop flash badge uh so you want to make sure
i'm gonna walk you through it real quick uh but it's it's super simple to get uh pulling this tab
up now it brings you into their store you look and at, it says continue with Cosmo app, but you don't have to do that.
Just log in with abstract.
Once you're in there, you sign all the permissions and all that bullshit.
Um, once you get in there, you're going to see the very first thing, uh, the triple S
abstract.
Um, you meant that for $3 and 29 cent.
And then shortly thereafter, the badge will arrive if not you're gonna miss out on it this has only been like a two-day badge three-day badge
so um i would hate to see you miss out on those uh so what are you actually buying here like you're
buying a you're buying a nft of these k-pop women she's favorite genre of music i don't know if i
want a collage of random no so look wallet yeah so this is this is what you get right here uh so
you so i ended up getting these two in the in when i i bought the three dollars and 29 cent
and i ended up with these two asian chicks yeah i feel like a pedophile with these
things oh wow you got someone one of those equipment chess key i gotta go see if i got
yeah yeah i did get one of those i was wondering where that was at so i'm actually gonna hide these
um because i'm not a fan of having uh 12 year old girls it's a little bit weird it is
but a grown-ass american man yeah i mean look dude i i with anime like i'm i'm as big of a dork as
you could fucking be yeah full-grown american man but i don't know about having a collection
of k-pop stars exactly so like i would imagine the more you meant it's gonna be just like these
fucking i've seen some people bro they meant it like 30 or 40 of these things so i would imagine the more you meant the more uh the more of these you're gonna end up getting like more xp um maybe i
don't know but i know the badge is very limited um as of right now i would bet the more of them
you have the more xp you get exactly because that's definitely how it was with the red bull
racing shit yeah prove that yeah yeah 100 so uh abstract badges let's go see how
many like web 3 trafficking like how many little i know you collect right yeah so uh oh wow there's
already been 15 000 of these badges playing hey pop is big in just a few days abstract use or you know are from the east you know a lot of users based in asia so yeah they're
fans you know okay it would make sense so yeah three dollars 29 cent um go uh go uh go raise
hell praise dale and get you some little hot chicks in your wallet, I guess is what we can say there, Kenny.
Hot chicks.
We know what our good friend
Jesus' type is now.
No, no, no, no, no, no.
Basically little Asian boys.
And then another thing.
I have good news for you.
Oh, yeah.
I'd take him behind the back and fucking
break his hip
um yeah fucking a little dainty little bitch yeah um but anyways uh and another post uh that i came
across was one from logan and i actually put a fucking tweet out because, bro, I've been trying to get this Clippy badge and this fucking Threader badge forever.
And like.
I think you already had it.
I don't.
I still don't have it.
So I put a tweet.
It's the very last pinned tweet.
Like, if you don't mind, somebody go.
Just go in there and fucking blow it up and be like, Logan, give this dude his fucking badges.
Because like the thread I put in there has 93 000 views
and then the most viral something clip yeah i have it pinned it's the very last tweet uh then
the very last one has the most viral clip with 7 000 views but it's like bro i've written so
many threads about abstract and i've probably onboarded a lot of a lot of people i think i
think we have collectively um as a group and keep people informed but like
we might have off-boarded a couple people too i don't know probably so but you get fucking
you get discouraged when fucking you know like it's like well why do i need to keep creating
content if they're not going to pay no attention to it like i think we're probably the most uh
consistent informed shows about abstract and they don't it's like no recognition
given yeah well i know this guy that hosts a pretty big abstract space on a regular basis
but you gotta listen to him talk about how fucking awesome he is all the time um that
yeah i know you're talking about not not the wiggy Chris, the other Chris.
Is that who you're talking about?
Yeah.
Can you tell me what was the first type of Chris again?
The wig Chris.
The first variation.
Like the flamboyant Chris.
No, not that one.
Okay.
All right.
That's what I'm getting at.
Yeah.
So, but it's like i see people that written like three
threads and they get the fucking threader badge and i'm like bro what the fuck um i've been
fucking creating content since before abstract even came out uh and uh yeah so it's fucking
annoying so yeah any support on that tweet i would appreciate it um and uh yeah and then like you get fucking rewarded maybe i'll
go fucking keep creating more but geez louise um but yeah other than that just definitely make sure
if you are trying to get badges make sure you get this triple cosmos badge uh today because you're
gonna run out of time i don't know what 2 p.m utc is i think i would say
that's like what midnight tonight or something like that um so yeah you don't want to run out of
that uh as well but anyways um kenny what uh did you see where hyper liquid uh is opened up
longs and shorts or trading on pump. Yeah.
It's pretty fucking wild, right?
3X leverage?
Yeah, I think Bybit as well.
Yeah, Bybit did it as well.
And one of them is up to 12.5X leverage.
Yeah, well, that's Bybit then
because Hyperliquid said they're only doing it up to 3X leverage.
Right, right.
But yeah, I mean, look, you know, $100 million in pre-market trading on Hyperliquid said they're only doing it up to 3x leverage right right so yeah i mean look you know
100 million dollars in pre-market trading on hyperliquid i think it's currently sitting over
5 billion right now so it's up about 20 percent from the anticipated fdb um a lot of hyper of it
i mean what can i say i've been going back and forth on my thoughts on, you know,
how I think Hyperliquid's going to do.
Initially, you know, as many TGs go,
typically there is, you know, a post-TG dump.
You know, I was saying, obviously, being a U.S. resident,
we can't invest, you know, in the pre-sale.
However, I do think there's opportunity to trade the chart short term um and apparently you can if you buy a kyc from some fucking african village
yeah that's the route yeah you gotta buy the kyc right but um you know my my concerns were is there
you know fly well are they doing buybacks is there a vesting schedule i saw some tweet this morning i
don't know how true it is but uh it was talking about the tokenomics and the vesting saying you know there's a year vest for
early private sale investors who are up 200x already you know on so they got it at a rock
bottom price um you know and that there is vesting for potentially the airdropped allocations.
I'm not sure about the pre-sale as well.
There may be like you can sell on day one, but you lose 50% of your value of your airdrop.
If you hold it for a year, you get a 50% bonus.
I don't know if these things are true.
But if that's the case, if there are, you know, incentivized reasons to hold the token,
if there is a vested schedule, then definitely it could pump on day one.
You know, I just need a little bit more clarity on it to really understand it.
But, you know, my biggest concern is how are tokenomics and is there a flywheel?
If there is, if there's vested schedules, flywheel, all that stuff, yes, the coin's gonna pump uh pretty much on day one so yeah as
124 hour volume here on uh on uh hyper liquid shows 106 million yeah um which is 19 million
944 thousand what is that why is it showing that when I cover over a pump? That's 19,944,704,000 pump.
So that's the token amount that has went over.
106 million in volume, though.
Pretty fucking wild, bro.
I'm not exactly sure how that works.
What are they trading against?
There's no coin, right?
So are they trading against the There's no coin, right? Yeah. So, like, are they trading against the, I guess they're trading against the futures of the coin.
Right.
When you go to, so when you go to the Hyperliquid Post, it talked about that.
It said, like, they put a fuck ton of disclaimers out here.
Like saying, you movers better be careful.
Right.
So, yeah, just if you do it, be cautious cairo gm are you doing any of this some i think somebody opened two seven million
dollar shorts i think on it that's wild that's wild cairo are you doing anything on this uh hyper liquid for shorten uh pump or what are you doing
i i'm just back in the city i am not shorting this i'm actually thinking to buying more solana
because i think solana will will pump as well because this will drive a lot of uh attention
i heard something from jakey yesterday that potentially streamers on PumpFun might get adrop allocation.
Did anyone hear something about that?
Yeah, 3%.
3%, which is estimated at $120 million.
Okay, but only pre-announcement, I guess.
So if you start streaming today, you're not included, I guess, right?
I don't think that's the case, no.
I don't think that's the case, no. I don't think that's the case.
Obviously, I think people who have been streaming,
like guys like Razmere and Gainsey,
who don't fucking tell me they didn't have any information about it.
There's no way these guys are just going to randomly start streaming on PumpBun
without knowing that they were about to get a fat stimmy if they do it.
I'm sure that information was passed along in the back channels.
But yeah, I think that it's probably allocation of coin
that is going to go to current streamers, future streamers,
in an incentivized way where if you stream and you do certain numbers
and yada yada six months
down the line you might get a airdrop you know a year down the line you get a third airdrop who
knows uh i can't imagine definitely got to continue to incentivize people right right right yeah yeah
yeah 100 they're trying to bring over big streamers so that 120 mil is a pool of money that
they can you know allocate to future streamers to come in with big
accounts or you know non-crypto streamers to come over that could be their incentive do you have to
do you have to launch your own coin to be streaming yes yeah yeah yesterday live yesterday we were live
and i went to pump fund seeing if there was a way to stream the only only way to do it, I got in their AI chat.
Then it connected me with a real
team member and they said, yeah, the only
way to do it is you have to create
a token and then
that's the way you can live stream. Once you're done
with that live stream, you can't go back.
I don't think you can go back to
the token that you had created, maybe.
But once you do that, then
that's where you get your stream
keys from and you get all of your shit that will allow you then but did you learn to be able to
run it did you launch a cheese coin yesterday or what no no no no we're only running for fucking
an hour why not bro let's run it up lizard 2.0 let's fucking go fuck abstract well yeah yeah
let's run back from what i was told is you gotta save a bags cairo let's go
you gotta have a token though not not i hope you'll all join me in calling fucking jonah a
scammer in perfect unison today i saw jonah launch a token and started chilling it on the
timeline and on spaces he said he's gonna stream again today um so i think he's just gonna launch a new token every single
day i don't well i think you only have to launch one token right i don't think you have to launch
one token per stream i think you just have to launch a token but i'm not i'm not sure
i don't know you can you can come back to the same token that's for that's for sure yeah
are you sure do you mean like once you stop streaming you cannot stream again on the same
token i don't know that just wouldn't make any sense because like if you're trying to still push that
token for more than just one stream you got to be able to fuck it all right so let's try it what is
the name of the coin gonna be oh fuck here we go here we go somebody here's i can fucking smell
the thread writers in the air you fucking write the threads all you want all right what's the
ticker gonna be launch the fucking cheese what's the ticker gonna be launch the cheese
what's the ticker like i need a ticker like for it's gotta be a brand point for yourself bro
make it uh make it gouda ticker gouda we'll call it gouda coin all right g-u-d-a
all right is that how you spell gouda dude this is what we're doing gee it's funnier if that's not how you spell it yeah but you like i thought you only i thought you could only run a four
uh i thought you can only run four nah i think you can run a longer ticker but i think it just
doesn't show up everywhere which is why people like like you end up with the dot dot dot thing
on in certain formats so i think people try to stick to four characters okay so what should i
stick that's why i'm asking you guys motherfucker i've never launched a token before i don't know
hit it i like i mean if you give you if you like gouda oh look we got a suggestion from yg uh ticker
moldy cheese balls see that's a nice oh my god there's a nice long one. Oh, my God. There's a nice long one there.
Yeah.
All right.
So do we keep it?
Cairo, you're the professional.
MCB, run it.
MCB.
MCB.
Moldy cheese balls.
MCB.
Oh, my God.
No, we want people to buy the thing and not say I have moldy cheese balls.
Okay. I think Gura coin is funny.
What about a purple
penguin? We already have
a green, a pink one.
Maybe a
purple penguin. Oh, this guy's
rugging like a motherfucker.
Are you back?
Hello? Cairo?
Yeah, he's rug's Rogan yeah I know
I'm trying to see how this shit works
and nobody's wanting to fucking help
I gave you a good ticker
dude
it's a brilliant ticker
it's the next fucking Pepe
you just aren't clicking the buttons bitch
what did you say the ticker was
are you talking about what YG said
can you help this motherfucker out, dude?
Oh, my God.
I think you need to do something on brand with your account.
Something around cheese, probably.
That's why I said Gouda.
Gouda coin.
It's a good coin.
You can call it a good coin.
It's funny.
All right.
Okay.
You can make an image of a coin made out of cheese.
Gouda coin.
All right.
Somebody get me an image of a fucking coin with
cheese or some...
Even I can AI this.
Somebody drop them all in
the comments. Luke, what's up?
What up, dude? I woke up
just in time to not miss an abstract
phase. How's it going?
Nice. Did you get one?
Abstractio.
What'd you say space
uh uh phase you guys want abstractio i don't know what abstractio is to be honest
uh abstractio is a pixelated uh 3333 collection launching on OpenSea mint price 0.133
or something like that.
0.118 for
public. It's actually 0.118
for everyone.
Oh, okay.
The floor is 0.04, so
very nice.
Alright, nice.
And it's minted out already
no no no it's still minting it's
phase 2 three more phases to go
the final one being public
why are you bullish on this what is it
I mean I
actually like the art and they're so cheap that I
don't mind you know minting and holding
them I'm just gonna lose the money gambling
otherwise right but
the dude just has a lot of support from like, I think he had support from AIZ, the
dude from, what's that?
Is he from Gigaverse?
And then like the OpenSea account's been engaging with him.
So he just, he's just been creating his art and then he started to get a lot of like traction
and support from, you know, people that hold some relevance on the timeline.
And now everyone's into it.
But I really don't know if it's anything but art and an artist that people like and respect.
And then if you look at his page, his name's Bunya.
He tweeted about it recently.
But he lives in Ukraine.
I don't know if someone else knows.
But he lives somewhere where there's an ongoing war.
He's in the abstract group chats I'm in, and I'm pretty sure he's posted a video from his crib of the bombs dropping in the neighborhood or in the town nearby.
It's always a little inspiring and just like, damn.
He's touched people and gotten their attention.
I know it's, that's a good way to get my attention. You know, if you know what I'm saying,
I don't want to be aligned with you and what you're saying.
Okay. All right. Uh, well, that's great. how many of them did you mint i haven't minted any yet i'm
gonna i'm gonna either venmo my homie for some eth or i'm gonna uh wait some shit for my abstract
wallet real quick wait from your abstract wallet i think you're confusing two blockchains right now
we've wait whatever you know whatever the move is just
just sell some shit for quick free eth not free but you know probably take whatever it is
there you go cheese i just commented a picture of a coin with a block of cheese and it is the
best i could do with uh three prompts or less into grok ai um okay oh yg said cheese nuts it's not bad he's getting closer yeah more
concise yeah uh madman said surprise none of you chads are in google uh google was a uh google was
a runner has been yeah i mean i got airdropped a little bit of it uh i have 14 dollars worth of it
yeah 5.5 mil market cap right now um yeah
yeah it keeps going up from day to day i don't know why it's not verified still yet um
yeah it takes a while to get this i don't know what the lore is i mean the coin has like a
fucking duck walking angrily yeah i don't know what the lore is but hey whatever yeah and the chart is going in an
upward trend so good tech i would say um where's this thing at all right let me save this image
here yo did you guys catch mr beast that was a cook uh uh no i've dude big rug man i've been so
fucked off with these like new animals in my house i haven't caught nothing but what's what was the
lore with that what went down uh beast beast tweeted he wanted to be the ceo because that one lady from uh where
she from she's from the forums what the hell is that called oh man with that weird ass dude
called claw schwab oh the world economic forum yeah she was a part of them and she resigned
and then he tweets that he will be the CEO,
and then Elon responded to him, and that thing went from, what, 24K to about 4 mil.
Damn.
Damn.
That's a cook if you were in a fucking 24K.
Yeah, damn.
Yeah.
I caught that thing, bro.
It was a good play.
Nice, man.
Congrats.
That's what's up.
Let's see here.
Copy image.
I keep celebrating my friends winning until one of them spoon feeds me the fucking alpha.
That's what I'm going to do.
Yeah.
Kenny, also Robin Hood announced.
Did you see they're doing like a prediction market thing with Wimbledon?
Yeah, I did see that.
That's pretty wild.
So you can go bet on the men's and women's matches.
Yep, which means they're going to fully integrate into the football season
and they're going to rake it in, bro.
So Robin Hood is doing their own prediction market
or they're like partnering with another prediction market or something?
Oh, I don't know.
They're integrated with, what's it called uh what's the company called
not polymarket right no no no it's the other big one uh uh god why am i thinking of why am i
i didn't know there was another big one i mean i when i think prediction markets i think poly
market and myriad right now uh you're not talking about polymarket no polymarket would not be the other one right after i just said
polymarket no i know but uh i don't know what you're thinking of then other than that
it's um
i'm a grok it yeah give me a. I'll tell you the name of it.
It's on the tip of my tongue.
I just can't.
I got something else for the tip of your tongue.
Oh, okay.
Come on.
This is too early.
Bro, did you guys see Azuki is the same price as a mutant ape?
Kalshi.
Kalshi.
That's it.
Yes, Kalshi.
Sorry, Big Rug.
I wanted to close that loop real quick.
What did you say, bro?
Azuki's the same what? Yeah. Same price
as a mutant ape.
Oh, really? An OG, yeah.
Wow, really?
That is crazy. Might be some opportunities
here. I might have to scoop one of the two, bro.
Man.
I would pick a mutant over in Azuki
all day. I was thinking that too, man.
I would this cycle.
I would this cycle because Azuki already launched Anime coin it's like i i don't know how much more like major major activations they could have in the tube you bro a mutant 1.59 you can get a you
can get a mutant cheaper i mean look at i'm an anime fan right like? Like, I, like for me, the art for Mizuki is way better than the art for mutants, but nonetheless, like don't fade Yuga and fucking Yuga hasn't done anything crazy this cycle yet.
So I don't know, man, that could be that.
That's what I would probably, if I, if I had a fucking Ethan a half right now, burning a hole in my pocket, I'd probably have a mutant.
Yeah.
Yeah.
I think, yeah, I think a mutant's the play there if
you're gonna if you're gonna buy either one of the two uh yeah because i put a tweet in um
in one of the creeps chats uh for everybody to raid a guy was asking the same thing uh
buy a mutant or a um or an azuki and i'm like fucking just buy a crew buy two creeps you're
gonna fucking do that i still think Izuki's going to be lit.
You know, it's just going to be a while until they do something else big.
I mean, remember, dude, Izuki at one time,
it was like a 35 fucking eighth floor, remember?
Yeah.
Little pudgy.
Buy a little pudgy.
Yeah, I like little pudgies, too.
I would definitely say, I mean, you look at pudgies
and just the way that they sustain everything, you know, like obviously everything ebbs and flows and there's fluctuations, but like, I always like how they don't leave things to hang dry while they're, you know, while things cook in the background. So I agree with Cairo, but I mean.
Yeah, but I'll say this.
Look, I mean, Pengu just, you know, had the SEC acknowledge their fucking, you know,
their filing, their Canary filing for an ETF, and the floor on the Pudgies moved 5%.
The little Pudgies have moved 8.8.
I just don't, I don't know, man.
Well, yeah, but that's because the token's already out of those assets, right?
But, like, the Pudgie chart, or the Pengu chart, has been pretty good here lately. Yeah, but regardless of this assets right but like the pudgy chart or the pingu chart has been pretty
good here lately yeah but regardless i will say this though like it's a if if okay like if this
was six months ago i would have gone a little pudgy because like you could have had that
helping you farm xp this whole time but like at this point i don't know man i'm still probably
leaning towards the the mutant right now you're still going to get X-P farm. I personally
don't want you and Cheese to get
mutants because you guys are going to go to Ape Fest and literally
die. So don't get me.
No, I would never. Dude, look, you need to understand.
I live fucking like three and a half
hours from New York City. I have never gone to
an NFT NYC. Like, dude, I'm a
fucking Appalachian inbred hillbilly, brother.
Wait, wait, you didn't become mutants. You're not going to catch me at some
fucked off event with a bunch of dudes fucking wearing too much Axe body spray, brother.
That's not me.
Dude, I smell like coconut oil and salt even when I'm in New York.
Stop flirting with me, Luke.
Damn, this guy didn't pull up to New York to meet me.
But did you...
XP is going to be a dynamic thing, I believe.
Like, I don't think there's just a culmination event for XP.
I think the way that XP is going to flow is that, like, XP is going to be an ongoing thing that you can, you'll be, you know, you'll have XP and you'll choose what to do with your XP.
That's interesting i mean i've always just so far i've just been thinking of it as you know
trying to get to different tiers and probably getting a abstract airdrop based on what tier
you've made it to right and like in my position right now it's very unlikely that i'm going to
make it to platinum by the time they do the tge so So as much as I'm still active on abstract
and I still like the eco
and I'm still kind of bullish on the NFTs and shit over there
just because I like NFTs,
I'm not going to throw more liquidity that way just to farm.
If I throw more liquidity at abstract,
it'll be because I'm really bullish
on one individual ecosystem over there.
Yeah.
It's, bro, I don't know.
With everything coming
with Other Side and everything that Bored Ape's doing
as well, will they have another
token moment? Will they do something with
Ape? Who the fuck knows?
I know Kyra's putting his thumbs down,
but this pudgy thing, how long
is the hype going to last past TGE
of Abstract? Forever. Don't say forever, because nothing's but this pudgy thing how long how long is the hype going to last past tge of abstract
that's like that don't say forever because nothing's forever bro well i mean you know
there's plenty of blockchains that have come live after bitcoin and everybody from
everybody with laser eyes pfps would have said ethereum was never going to last
you know i mean yeah it's true things are going to fail but some
things are going to be successful too yeah yeah the team behind abstract and pudgy penguins that's
a serious team let's let's look at the way that you said i've talked to a lot of people after you
said this because i didn't really like it but i mean whatever it means bags go up for the most part
um and he's gone the call no I got a call.
I got Luka Nets is building to try to sell pudgy penguins
to try to have like an exit event
in terms of like building a real enterprise,
which is probably true.
So you can at least, you can look at that
and then know that he has equity.
I don't know what his role is exactly in abstract,
but then you can look at that and you can say,
okay, well, abstract should at least be doing well until Luka Nets has an exit, right? I at that and you can say okay well abstract should at least be
doing well until lucanets has an exit right i think that's fair to say and hopefully even longer
like i would imagine beyond then if he has an exit but if abstract becomes a consumer chain
where there's real value of using the blockchain tech for you know just seamless interactions with
people then i mean abstract abstract value keeps going.
It's just a question of do they do that and is it sustained?
Because I think ideally with abstract,
like all the shit that we do on a day-to-day basis,
whether it's because we're trading on the chain,
farming XP, whatever you want to call it,
is actually worthless.
Like, or not worthless, but insignificant
compared to like the growth of it and where
they want to go because if you're trying to hit consumers the stuff that we do isn't consumer
focused it's just like you know the web3 core community yeah it's all very degen centric
gamble fi type shit yeah and they're trying to bring more like irl focused shit in you see that
with the red bull thing is a good example.
This K-pop thing, yeah.
So like all these are great things, yeah.
I'm not saying Abstract's going to fail
and Pudgy's are going to fail
and all this shit,
but eventually somebody else
is going to take the reins.
Like Pudgy's trying to take the reins,
but if you look at the price action,
Bored Ape has had a significantly higher floor
and more stable floor than Pudgy has,
even though Abstract abstract is ways away.
And guess what the floor did when Lucas said Q4 for TGE for abstract?
Pudgies went down.
Pudgies went down.
Little Pudgies went down.
Rogs went down.
And abstract volume and activity went down.
I mean, look, that's all everything you're saying is totally fair.
But if you look at right now, floor prices and volume, right?
Board API club at a 10.2 E floor, pudgy penguins at a 9.3 floor.
It's not a huge difference,
but pudgy penguins have done almost four times the volume nonetheless than
board apes have today.
Yeah.
Still two top brands, for sure.
I just think Yuga's going to have a big moment this cycle still.
Yeah, and that's what I was saying.
I think getting a mutant will give you more benefit this year than owning a little pudgy.
The only thing that's going to move the floor price of an NFT is an airdrop.
Look, we saw it happen with pengu
bro fucking penguins ran up to 35 eth because of anticipation of an airdrop that is the only thing
that's moving the needles in nfts right now cool shit's happening and it's not being respected on
the nft side of stuff you know what i'm saying it's just like yeah there's there's announcements
that have happened recently over the past year that are you know you go back three years ago it would have moved to
floor price by three four east you know and it's not having the same impact right now the only
thing that's moving the needle on nfts is allocated airdrop we saw it happen with pengu and we saw
what happened after the pengu airdrop hit people still held it still held around 18 to 20 because of
people's anticipation anticipation of the abstract airdrop but when that got pushed out you know and
and there was you know less speculation on or more speculation on when it was going to happen
now we know it's not going to be till the end of the year you've seen the the price of the nft
slip further and further down as soon as they announce the abstract airdrop coming
again we're going to see another spike in the in the floor price in every everything yeah on that
and abstract usage as well yeah oh absolutely yeah and as it becomes imminent people will start
farming harder again it will yeah i don't think pudgy will fail like don't get me wrong i'm not
trying to fud i'm just saying all this will do well.
They just got recognized by the SEC for a Pengu
fucking ETF.
What's all inside of that
Canary ETF? Because I have a feeling
the Pengu thing is
prominent for us, but
is that one of the main features
of whatever
Canary is doing in the ETF?
Or is it like
the big beautiful bill where
there's like files for the honestly guys i think what the pingu etf represents is a hybrid financial
product that marries crypto and macro together and that's what they're really trying to do right now
in this phase of uh the economic expansion and adding crypto and putting bitcoin on the balance sheets and all that stuff like that, they're trying to create hybrid products in the market.
They're going to combine it.
That's why you see the Circle IPO and what is it called?
USDT, they all buy bonds and stocks to support the stable, and that marries the market as well.
So I think that the ETF for Pingu and it being recognized has the best shot
because this company is not going to IPO like other companies would. What it's going to do,
it's going to ETF and it's going to be the first of its kind, you know, in a market with their
global mindshare and the way that they've set themselves up. Like this actually does have a
chance to be the first of its kind in its class. You know what I mean? Let's go. By the way, GM, Machabelli.
I haven't heard your voice in a while.
Yeah, seriously.
Where are you at, Max?
But I would agree with that to a certain extent.
I think there are other cryptocurrencies that are in front of them.
You know, obviously, XRP.
They don't have the mindshare.
XRP.
They don't have the traction.
XRP, does it?
I mean, yeah, XRP.
But see, listen, they want something new they want a
financial product that it's it's a little bit different from the rest and like i said the the
pingu etf it combining the nfts and all of that and like where pudgy sits on the global mind share
stage i think it has the most promise and it also looks the most appealing at one and a half or two
cents versus you know twenty four hundred dollars or two dollars and thirty cents or whatever.
You know what I mean? Like you see the room for expansion.
For sure. But I would almost argue that it's too small of a market cap to have an ETF for.
I mean, it's only at one point two billion dollars right now.
Yeah, I know. But like, listen, it's also the most potential.
It's got a lot of upside, for sure.
For sure.
The most potential is the fucked-off meme coin that Jesus just ran
that's still sitting at a 5K market cap.
Now, boy, there's room for rapid expansion there, buddy.
Let me tell you what.
I haven't even launched it yet.
Oh, okay.
Yeah, I haven't even done anything with it yet.
I was still waiting.
It's definitely an interesting combo. But hey but hey look we got tomorrow what was that loop
can you launch your meme coin tomorrow yeah we should launch it so we should get it ready and
launch it right at the beginning of the space it's not a meme coin it's creator content creator coin
that's right just call the token tomorrow you know like procrastination coin of the year but i will say kenny the content
creator is a joke so it's a meme coin okay so real quick because we're almost out of time here
i do want to point out did you see what myriad just tweeted cheese no the pump function or what
uh myriad is evolving with a with the launch of myriad protocol a multi-chain protocol
powering prediction markets everywhere for everyone to build with support for linear build
and building on eigenlayer um no so i'll be able to go make my own prediction market
so froke just put an announcement in the myriad discord too today we announced the myriad protocol multi-chain support linear integration and tech work with eigencloud uh i highly suggest
reading the article and sharing it more noise the better um is this an article what the fuck
what article is he talking about let me see here oh okay here i'll pin this one to the top
i i pinned uh i pinned one that wasn't the article
to the top okay i just pinned the one with the article to the top i guess we can
go through this article and maybe you know talk about it some more at length tomorrow
but uh this is interesting myriad's doing stuff man speaking they added a couple of
markets on pump fun uh number one will pump fun token a sale sell out within the first hour right now
it's 75 yes to 25 no and then uh pump fun token pump airdrop by the end of july um we've got a
65 yes 35 no um is that in regards to the pre-sale hold on let me read a little bit more about that
because i know pre-sale is going to get their drop because after it sells out or after the
window closes for pre-sale you're supposed to get airdropped your token shortly after that
how much are they still making uh candy in fees do you have any stats maybe i don't know
on on pump fun yeah well they've fallen behind uh let's bonked up fun
the bonk ecosystem has a higher revenue share right now currently than pump fun over the past
few days maybe four or five days uh bonk has flipped them as far as revenue but uh yeah i can find out last i saw it was i believe it was like
46 to bonk and 40 to pump fun was the last thing i saw and it may be a day or two ago so
we'll see we'll see where those numbers are let me see if i can find that out
yo polymark has been screwing people over man you see the one with the baseball game and all that. That was on my Astros, bro.
We whipped their ass.
18 to fucking one.
This is what I love about sports, people.
This motherfucker said my Astros.
Yes, my Astros.
I know.
Some shit.
We whipped the shit out of them on July 4th.
There was a fireworks show, so all the fans had to sit there
and watch the team get beat down 18-1
before they could watch the fireworks show.
That was pretty fucking awesome.
But, yeah, no, that polymarket, the Oracle,
or people tricked it to saying that L.A. won the game.
So people who had money on the Astros fucking lost,
even though they won the game.
So how did they trick it?
Something about the oracle or some
validators were putting that the dodgers one instead something along those lines you know
exactly right yep my basically lying to people bro it's the same thing that the bet with uh
zelinski remember zelinski was over there at that uh summit and he wore a suit and and basically oh Yeah, but he said that he didn't wear a suit bros Wow
Yeah
Yeah, I did hear people looking up the definition of a suit
I wrote
Tyra over the past 24 hours
Bonk yeah 18,000 317 tokens pump funded 14,000 843
Graduated tokens bunked at 173 graduated pumped on it pump
fund did 100 graduated and launch pad volume bonked at 84.4 million pump funded 60.2 million
so bonk has been you know taken over as a preferred launch pad recently and i think
that's why pump fund is pushing this so quickly is because they know they're starting to lose mind chair
So that's crazy. They want to grab it back. Yeah, but but I was I was just aiming at this
idea if if pump fund just takes a fraction of the fees they make every day and
Pump a little bit of that into the liquidity of their own token. Wouldn't that be buybacks and burn?
Yeah, yeah, I mean they got shit loads of money, you know
Yeah, I mean a trillion not just God but they make shit tons of money. Yeah all the time
There's a trillion token supply for the pump coin
So there's plenty to burn, you know, yeah, yeah plenty of coin you can burn
So yeah, if they do the buyback and burn it's it's really bullish
By the way, I uh i just put into chat
gpt um how abstract chain igloo pudgy penguins and everything is linked together it seems that
there is no real public information how much is really owned by which entity although like igloo
seems to be the major company controlling shares into everything else and obviously since Luca
bought the whole company seems to be the
major shareholder in Pudgy Penguins
there is a 17%
17.8%
Pengu team
allocation with a 1 year and 3 year
investing cliff but it's
really not transparent
who owns what and because
like Luke was talking about how much
does he have equity and stuff in the in the come in those companies
as parent you remember when transparency was part of like the ethos of crypto and now it's
all fucking smoke and mirrors yeah why are they not docs like docs now like that was the big thing
was docs docs docs um so I put it in chat GBT asked for a TLDR on the myriad thing.
Just said multi-chain support and integrations tools like trustless revenue
sharing, censorship, resistant oracles and synthetic tokens,
push toward progressive decentralization and community governance,
focus on being easily embedded across platforms and communities.
And then it says myriad token is coming but not yet tradable um so that was what that was if you didn't want to read the whole entire article um there but yeah i mean they got to bro they got
to do something to compete like they just need a bit of the market share even if they had like 15 of the market share
in predictions like that will be massive but with with um polymarket now integrating with x
i'd i mean nobody's going to be able to touch polymarket it's just i think it's just too
fucking big but well the only way some of the share did you guys see that off the grid is on
solana yeah yeah we saw it's got is it Solana? Yeah. Yeah, we saw it.
I mean, did it fully migrate already?
I know it was going.
No, it's not fully migrated.
It's not migrating.
It's just a wormhole.
It's not just a wormhole.
They're going to move.
Two fucking Germans.
World War III about to pop off right here.
I can fucking smell the fucking rebuilding of the Berlin Wall right now, brother.
I have so much power to speak. fucking smell the fucking rebuilding of the berlin wall right now brother they're leaving
i have so much power uh to speak but uh hold on why do you have so much power to speak right now
what what gives you the power to johnny what does that mean yeah what does that even mean
oh yeah that means that i have the energy you know that You know what that Oh, okay. All right. This guy gets a
I know this guy gets a genuine undead
and he's like, motherfuckers, y'all shut up.
I'm fucking coming in here.
I'm talking.
This is my space.
By the way, let's give it.
Let's give away my other genuine undead tomorrow.
Okay.
Yeah, we can do that.
Yeah.
And I've got several other ones to give away too.
And Johnny.
They're really cool. I don get a hundred dollar entities over here what it all goes to hans dude hans keeps sending us on the genuine undeads to give away because he's
just a fucking supportive fucking double og motherfucker dude big dick swinging yeah uh so so yeah huge Kenny did you put any points on the
pump fund
there's a USDC market
and there's a points one too
yeah no I have all my points right now
the interest rates being cut
I have
no change spoke to my brother
what is the meeting
well if he gets if he gets let go
or if he resigns in the next few days,
they're going to get cut.
It's not going to happen within the next week or two,
which is our next Fed meeting.
You never know.
When is the next Fed meeting?
Why they're trying to keep us away from generational wealth?
Why are we not allowed to participate
in the motherfucking pump fund token?
You know what I'm saying?
Like, what's so special about us?
It wasn't never allowed that Americans participate in any kind of pre-sales.
Yeah, I mean, they're just abiding by the laws that the U.S. government has put out.
Like, why is it good for the yeast?
Because nobody wants the Fed to come to their office.
I mean, you know how many people have problems?
Even Swiss banks have a lot of problems because of American clients.
And they look at and don't take normally American clients because the Fed can come in there, give them fines, everything.
And it's fucked up, really.
Yeah, but I do this this law will get changed
before trump's out of office uh they will allow it to to happen you know for the american citizens
to participate in icos you know are you gonna take me to jail because i made a couple hundred grand
on a token for real like yeah no that that law will change yeah not you bro you know you are
not a problem but they the fed could come uh like let's say i make an ico let's say i make an ico
let's make let's say i make an ico and i make 10 million out of america then the sec is coming to
me and they taking me to guantanamo because i give you the opportunity to invest here
that's fucked up oh my god i gotta jump send me the wallet address i will send my portion over
right now i got five on it brother are you are you really leaving this space to go sit in a space
with jetoshi yeah dude i told him i'd call i I told him I'd come host a Cube Space with him.
Yeah.
I need to come host with him, too.
You know, I got to go.
I don't even want to hear you bitching, Jesus.
You and KP decided to cut this motherfucking space from one or two hours to one hour.
This was the highlight of my day.
Oh, my God.
You motherfuckers.
Dude, you two went behind my fucking back.
I didn't even get a vote.
I didn't even get to try to manipulate you two.
Then I'm going to run it for three hours from now on. Yeah, okay. I didn't even get a vote. I didn't even get to try to manipulate YouTube. Then I'm going to run it for three hours
from now on. Yeah, okay.
You won't. I can't believe this.
You won't. You don't have to wear this all.
Is this every day now?
He's actually leaving the space for Gay Toshi.
I'm leaving the space to go
because I made a commitment to a friend of mine.
Much as I made a commitment to you
several years ago to support you
in your endeavors. Oh, my God.
You see what these blocks are doing to this guy?
I stick to my fucking word, dude.
My fucking word is my bond, brother.
You see this, Kenny?
I see.
Kenny only shows up Monday through Wednesday.
Kenny's fucking cheering me on right now, dude.
I know KP wants you to shut this motherfucker down right now.
And then it's like, all right, I'm going to put out a thing.
We need two new co-hosts.
Yeah, yeah, yeah.
Find out what Luke's talking about.
I'll catch you, motherfucker.
These guys are just, they're, they're rugged me.
Wow.
I can't, but look at this.
Yo, bro.
He made a commitment.
All right.
Oh my God.
Look at this guy.
Fuck you, bro.
Look, yo.
He's fucking flipping me off on the stream.
An idiot.
Oh my God. Before you leave so i can get there
oh my god just go just type in gay in your search bar and it's gonna pull up a picture of jatoshi
and then you'll be able to join the stream that way or the space sorry not a stream really changed
jesus oh what do you mean no he's he's gone, bye What do you mean I've changed?
You've changed, I've gotta go You're leaving now too?
Oh my god
What is going on here, Kenny?
Hey, Cube is taking over, bro
That's what's happening here, alright?
Cube D's nuts, no it's not
Yeah, let Cube cubing
Luke has his hands up, I think Yeah, Luke, what's up, bro? Yeah, like cube cubing. Luke had his hands up, I think.
Yeah, Luke, what's up, bro?
Yo, I pinned up this project.
I'm just heartbroken now.
Oh, dude, don't worry.
When Machiavelli says he's leaving, you just say...
I'm not worried about Machiavelli.
Well, Kyle just...
You know, I agree with Kyle.
I want two hours of this space, too.
Anyway, I was going to say,
this random project popped up last night
called Pixel Horns.
Coming to Abstract tomorrow.
I don't know.
It's only like a 1,300 piece collection.
I don't know if it's going to be free.
And if it's not free,
I would imagine it's incredibly cheap.
I actually just realized that I don't like the art
that I pinned up top.
I don't like anything that's like Satanist or like that.
That's not my cup of tea.
And yeah, they got, I don't know, just popped up
and they're asking what communities
they should allocate Horny List to.
Scarly, the founder of OnChain Heroes,
posted a picture of his saying that was born
from the ring chat.
He got his already
um dm someone for inquiries so um that was a good post i think although they only have three
posts up anyway i was just i just pinned that up i would say you should dm them and
at least secure you know you three host spots and maybe some spots to give away here but i don't
know it might not it might be nothing they might want like 0.03 and then i'm gonna say fuck this
i'm not minting because you popped up out of nowhere on the 9th and you're minting
on the 11th yeah yeah yeah and i've seen a tweet from greenie talking about that uh like they they
want you to tweet about their but they'll they'll give you one whitelist spot to
give away to your whole community and it's like bro i need more than that or i need you know
whole community and it's like bro i need more than that or i need you know we put on horny list
and i said ask anyone who's met me in real life i'm horny as fuck put me on the list yeah
i met you and why why i'm also pumped not that i just today become a genuine undead and not that i'm really happy about it but i also got a follow from beanie
nice i got today new smart two new smart followers it's absolutely crazy just don't be that guy going
in people's dms or comments saying please no bro never never just don't do that i see that constantly
i had somebody dm me the other day saying hey review me on ethos and i'll
review you as well it was in like my spam comments i'm like off i'm not oh speaking of ethos i need
to review all who have reviewed me yeah i just yeah but i'm not gonna go in people's comments
i do so much things a day that my brain is totally
burning, but the good
that I'm on vacation in two weeks
and then I have four weeks to
go absolute crazy.
Yeah. All right. Well, y'all
go listen to Cube's fucking
Space with Kyle.
Go show Kyle some support.
And yeah,
Kenny, you got anything else? Because I i do need to go i do need to get
some shit done no i think we uh covered mostly everything okay well we didn't because we were
fucking 15 minutes late but we didn't talk about shit yeah so but we will tomorrow we'll catch up
uh and do it you're gonna be here tomorrow right kenny uh? What's tomorrow? Yeah. Friday. Okay. Well, you wasn't here last Friday.
That was 4th of July.
Yeah, and now I need to get clearance from Kyle
that it's okay to run the space more than five minutes
over.
So, yeah.
So, fucking...
Alright, cool. I will
give it to you guys later. Peace.
Later, peace. Alright, bro.
