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Reality Check 🧀🎙️
Recorded: Aug. 11, 2025 Duration: 0:53:10Space Recording
Short Summary
The crypto market is witnessing significant developments with the upcoming launch of the Light token on the Heaven DEX, Ethereum's price surge past $4,000, and increasing institutional interest in cryptocurrencies. Discussions around Nakamigos and strategic partnerships further highlight emerging trends and growth opportunities in the space.
Full Transcription
Thank you. I spent plenty of
night and night
slinging hell in the gutter
I stand on buck with one hand
clean up blue gill with the other it's gonna be there's a cold I'm a willing volunteer yeah you can call me
Billy but the hills come on with me half mud mud blood and you can't wish me Feelin' out at home when it all goes silent
Chevy truck runnin' my mouth out of strong to the crawl
A flukin' ball, competing with kind as a day is long
Fightin' with a fistful of fire, I'm a honkin' spy
I cry down to drive my pipe right down to the hall. Here you can call me Billy, the hill's going with me.
Here you can call me Billy, the hill's going with me.
Call a green cast iron cornbread pigs on a griddle out in the back is a soundtrack
stacked in the federal with work stretched wide as a tandem out of line high
smoke slow and deeply fried yeah you can call me Billy, but the hill's gone.
It's a half-moving blood, half-moving,
no kidding, just feeling right at home at all.
The south, Chevy truck running my mouth,
got a strong turn and draw.
The food can fall in the deep blue town,
it's a daily climb.
I can make a fistful of fire,
I'm out of this water,'ll bite right down to the bone.
Yeah, you can call me Billy, cause the hills come in.
Yeah, you can call me Billy, cause the hills come in.
Yeah, you can call me Billy, you can call me Billy, you can call me Billy, but the hills
come with me.
Yeah, you can call me Billy, but the hills come with me.
Yeah, you can call me Billy, but the hills come with me.
Yeah, you can call me Billy, but the hills come with me.
Yeah, you can call me Billy, but the hills come with me.
Half a month, blow it out, milk, cake, whiskey.
Feeling right at all, it all goes south.
Baby Troy from the time, got a strong feeling of thought.
I'm getting involved in a deep, but time is a taking his thought.
Like a little things for a fire, a hot fence fire.
I'm running down to the ball, baby,
I'm coming to the middle of the you can call me Billy, but the hell's gone on me.
Wow.
Here you can call me Billy, but the hell's gone on me.
Wow.
Here you can call me Billy, you can call me Billy, you can call me Billy, but the hell's gone on me.
Here you can call me Billy, you can call me Billy, but the hills come on with me
Yeah, you can call me Billy, but the hills come
All right, all right, all right. GM, GM, GM.
GM, sir. How you doing? Good morning.
Oh, good, good, good. it's my daughter's 18th birthday today
so happy birthday yeah i feel old as fuck um i do but uh but yeah i'm uh excited for her to get
get back home um you know been a wild ride i adopted her when she was, what? She had just turned four. So, yeah, pretty surreal now that she's 18.
She still won't get a driver's license.
I don't understand why.
What is wrong with these kids, bro?
I can't think of a teenager that doesn't want to drive.
I mean, that just blows my mind.
I do not know.
She's a homebody.
Yeah.
You know, so at least she's not out running around doing dumb shit
uh getting in trouble
not yet so you know
I'm here for it
uh I am glad that she
um you know
uh I'm glad that she's uh
she's made it this far so yeah proud of her
either way but um
but yeah uh anyways
uh GM everyone repost the room uh drop comments share the space Either way, but yeah. Anyways, GM, everyone.
Repost the room.
Drop comments.
Share the space.
Live on Abstract, and we are live on X as far as video.
Oh, there goes Kyle.
I know Kyle's running around like a madman, getting a bunch of stuff done,
so I'm not sure if he's even back home.
We might get traveling.
Kyle today might get a traveling idiot.
But he should be coming up.
If he doesn't connect right away, that's probably because he's out running around.
Kyle, are you with us?
Check, check, mic check.
One, two, mic check.
Morning, motherfucker.
Morning.
Yeah, sounds like he's driving around i am still driving around i got out of this doctor's appointment late i'm probably not
gonna be streaming today i gotta fucking i'm running back to the house i'm gonna pick the
puppy up i'm gonna take the puppy to the park while we're on the space i'm doing everything
dude i'm multitasking dude fuck wow yeah multitasking on a monday brother how was everybody's weekend
Fantastic it was good
I was relaxing I had no kids here
So it was a good weekend
That's good
I'm probably going to put a cell phone service in here in like 4 seconds
It's all good
It's good talking to you guys
Yeah it's all good
We allow you a day off every once in a while
So today is granted Kenny kenny's never around
anyways so you know yeah anyways uh gm big rug what's up bro how you doing top of the top fellas
i'm chilling nice yeah we're gonna get in all this knock amigos shit here momentarily man you
ain't gotta do that skip over that article now we're getting right to it um yeah it was uh so i i put the
people apology video up uh which was pretty interesting um you know that that did end up
uh coming out post all this bullshit that happened uh for those of you that don't know people has a
he has a warehouse in south carolina
uh i've been to it me and bibbles went a few years ago and the place is really cool he just took a
big industrial warehouse and turned it into this studio so you know the 69 million dollar every day
the guy that bought that the event that me and uh bibbles went to kenny
was the day that that guy that bought it i can't remember the guy's names some like indian guy
that him and his wife were there doing a tour with people at that event so we got to see that dude
uh but yeah he paid 69 million dollars for. But then like when you walk into the place,
there's like all these different rooms, all this different crazy ass art. Then you have the big
everyday and the big viewing room, but then you walk out of there and you go into this massive,
um, you go into this massive area. It's just a big wide open area. And that's what most people see
on all the video clips and it's nothing but
tv monitors stacked everywhere on the the ceiling it's fucking wild um and uh so yeah so they did
this event and essentially every time he has an event he has like these printers in the roof like
they throw off all these flyers
depending on what the event's about.
This time they did it with fucking Nakamigos on it.
You know, and it looked just like a CryptoPunk
original listing NFT.
It shows the traits and like it tells the story about it.
And the BS story that he put in along with the ai video like it had it had anon
anon was out here like the day before tweeting about how big announcements coming you guys
better get ready lock the fuck in and it was pretty wild kyle ended up buying a nakamigo a knock amigo at like 0.15 yeah we got i got a knock amigo at 0.18 uh okay there it is i got
socially engineered into getting a knock amigo at 0.18 in that bunny chat by anon uh and then i
went out got drunk for my birthday with my wife and her cousin and you know some friends or whatever
completely missed the entire pump and uh ended up cheating
it last night for uh roughly a 50 profit instead of a 1 000 profit so yeah but i was not going one
thing i was not gonna do is show up to this fucking space on a monday morning having lost
money on a goddamn knock amigo so yeah i sold that bitch yesterday yeah damn bro that's crazy
i told him i told him yesterday when he woke up
they were like 0.28 and i'm like bro you need to cheat this fucking thing and then the story just
kept getting more and more out of control um so basically the the the story that they put out
there was that knock amigos were the original v zero of punks but they were you know too detailed and they wanted to dummy
them down so they came up with the actual v one of punks uh the 10k collection and people ate it up
floor ran up to like almost at half at eath i think it was like 0.45 or 0.48 and uh and then
slowly but surely like the truth came out that it was just a fucking joke
then people's video was people's video i thought was the most awesome troll um and he basically
what was the name of the website i'm fucking retarded.com something along those lines yeah
and spencer came through and bought it. Yeah, Spencer comes through, buys the domain. I'm a fucking retard.com.
I think that's for fun.
Yeah, I'm a fucking retard.com.
Spencer buys the domain.
And for those of you who don't know who Spencer is,
Spencer just acquired Moonbirds from Yuga Labs.
And then he redirects the website to the Moonbirds OpenSea page.
So like a masterclass of like just quick thinking right
there and marketing uh on his part so yeah pretty uh pretty wild weekend for knock amigos though
kenny yeah i mean look go ahead kenny no i you know it what the southern i have two takes on like one it's good to see that people are willing to a
you know a rumor something like that because that tells me people are paying attention to nfts
right um and looking you know for any type of alpha you know because we talked about this
you know like last year when the doodles mcdonald's stuff came out it really didn't move the floor that much like news doesn't really move nft prices that much anymore but this
was an encouraging sign that you know people are people are paying attention you know and if some
type of leaked alpha comes out or something like that people are gonna hate right but at the same
time like come on people like dude i, dude, I don't know.
I just, you know, the video, I watched the video,
it clearly was AI, you know, and I just, you know,
it's good to ape.
It's not good to blindly ape, you know.
And, you know, the fact that it pumped a 0.4 whatever
is encouraging for NFTs, but, dude, people got rinsed, man.
See that one guy who said he spent like he
like swept 100 at like 0.4 and they're like 0.2 yeah i think he was i think he was just bullshit
and yeah okay but yeah regardless um interesting i you know people's always had kind of like a
i remember like back in the day there were people thought he was the founder, and he trolled some shit about knocking me those back in the day.
So yeah, it doesn't surprise me that he would do that, but fuck, man.
A lot of people got wrecked.
That's good, bro, but people didn't even look into it, bro.
I'm glad they got wrecked because that was hilarious to me.
It didn't make sense for people.
And listen, I had a space bro it's like 200
people and i was like yo bro don't buy i was like this shit's gonna come back down or whatever and
people thought i was troubling in certain aspects i'm like okay well just like i said people don't
understand nakamigo because they're not involved in it they they write it off i've been telling
the community for years like bro people avoid buying knock-a-me goes why because they
think the fucking community is delusional and they have all these conspiracies or whatever
but i'm like bro if you're involved with the project then you would see these things aren't
like conspiracies they're theories that are actually are coming to fruition which is gonna
do some crazy shit to knock-a-me goes that's why i told like, bro, hold that thing. Like, cool that the floor price is,
whatever the case is, you could have caught it at .45,
sold and bought it lower, but like
at least, right, I don't
talk about Nakamigos or none of that shit,
but now, listen, bro, tell
people one time, buy a
Nakamigo, put it in your wallet, set it in, forget it.
And I guarantee you, you'll have upwards
of six figures from that project.
Because there's really big people around it with really big money.
Get out of here, Big Ron.
This motherfucker said six figures.
Six figures.
One Nakamigo.
Guarantee you.
Guarantee you.
Look, I'll say this.
I do intend to get another Nakamigo at some point after they go back down.
But I'm waiting until these bitches go the whole way to fucking almost zero right now.
And listen, I will get on the call with you guys, a private call,
and I will show you all the facts.
And I guarantee you, I'm like, okay, how many should I buy?
Yeah, look, I was in Nakamigos when it meant it.
I owned like, I want to say six or seven at one point.
I ended up selling them close to a need, somewhere around there,
just because I was up pretty big at one point i ended up selling them close to a need somewhere around there just because i was up pretty pretty big at that point um i do like the community i think you know it's one of those og communities that's withstood and they're still here you know and i mean relative
to the price of what it is now 0.2 that's fairly cheap it's got upside to it you know and this at least brought
attentions back on uh attention back on the project yeah because there's an activation
coming that that's why people did that yeah it brought the attention in a wrong way if people's
really the founder of it then fucking just come out and say it bro like it would be more valuable
for the brand if you did like no bro bro. This adds that lore, man.
You know who's the founder we really have kind of come to conclude?
Because there's founders.
It's not just one.
Richard from Manifold is involved.
Yeah.
Well, until somebody publicly comes out and says it.
I hope they never do.
It's all speculation.
I hope they never do.
Look, dude, everybody's in this space to speculate.
I think it's kind of cool.
I think it's kind of cool.
What do they think?
Is Satoshi Nakamigos?
I mean, bro.
But that's what initially drove the price up over an ETH,
was that nobody really knew.
So there was a lot of theories around, what is it, Larva Labs?
You know, what is this?
Same thing happened with Gob goblin town you know
because there was no information it was part of the lore nobody knew who launched it so that's
what drove it up to ad because there were rumors right people are saying you know all kinds of
shit um as to who the founders are um but yeah sometimes you know i do think ultimately you want
somebody to champion your brand you know because i do think that's good to have kind of like this evangelist kind of preaching about it.
But at the same time, it's part of the lore, you know, so.
Yeah.
Yeah.
We'll see what happens.
All right.
Enough of fucking Nakamigos.
I got a lot to get a lot to get to.
So there's a new there's a new uh there's a
new fucking launch pad coming tonight kenny and it's this uh heaven or haven yeah it's heaven
uh it's heaven decks have you seen this they did the pre-sale a while back
you know what i'm talking about they did the pre-sale last week oh the light and it's for ticker light yeah yeah yeah for ticker light so that launch pad i think goes live in a few days
but the tg for the token is at 1 p.m today 1 p.m or 1 p.m or 12 p.m eastern uh so oh yeah light will open for trading um on heaven at 1800 utc on monday so one o'clock
yeah so uh it says no other coins will be able to launch until thursday august 14th um they have a
really interesting video if you go watch it, it's on their X page.
Essentially,
they are taking all the trading
fees and then doing
buybacks and burns with
the light token.
They're taking the hyperliquid approach.
Yeah.
But then 1%
to creators, which is
2x what PumpFun
is doing. PumpFun is only 5%
so it's going to be really
interesting. I know we have a few friends that got
into the
presale so it'll be wild to see where this opens
up at
but yeah pretty dope there
did you buy
into the presale or no?
No I didn't but I am interested to see how Pretty dope there. Did you buy into the pre-sale or no? No.
No, I didn't.
But I am interested to see how it turns out. Look, I mean, it's just a very muddy fucking launch pads.
I mean, the rise and fall, obviously, we saw the rise of Bonk, right?
Topping out at somewhere around 70% to 80% market share at some point as of this morning
they're back down to like 13 or 15 percent um you know we saw pump fund have 80 to 90 percent dip
all the way down to 15 percent now they're back up to 80 uh you have bags which has been pulling
a lot of fucking volume their way with this, you know,
like the fees going back to a particular wallet,
whichever one,
you know,
like there's just,
there's so many different ones.
Now it's getting to a point where it's pretty muddy.
I'm interested to see how this turns out.
Cause this is the first one kind of doing the hyper liquid kind of flywheel
effect on it.
The question is how many people are going to use it and that's
going to determine you know how successful it is um you know but it's it's very fractions like the
the there's not a clear i i guess pump fund is back on top right now um as far as like market
share but yeah i mean when you have so many different launch pads, it's all fractionalized,
you know, uh, we'll see if this can, you know, make some moves and move up the market share
leaderboard, uh, on Thursday, but yeah, I'm curious to see how it turns out. Yeah. Yeah.
It should be good. Um, I don't know what the raise was actually at. I think they ended up
limited in the wallet. think they limited it to
like 70 something thousand like people who ate over i think it was 75 or 77 thousand dollars
they refunded up to that point um whatever they had over that number uh i guess to make it a
little bit more of a fit a more fair distribution um across the board so yeah we'll see i'm curious
i'll be watching that when it launches yeah um i mean i was hoping fucking flynn would have been in here i was trying to get him to come
in uh but they uh toshimart uh is now live on farcaster and the base app uh you know and they
talk about there's like a there's several flywheels in. From August 2025, devs launching tokens on Toshimart
earn 50% of LP fees.
And what they're doing,
one of the flywheels is launch your meme token
as a Toshimart in either Toshimart or the mini app.
And if you do that,
they take a percentage of the,
they take a percentage of the fees and buy back Toshi and lock it into the
LP of the token.
If it's paired with Toshi,
it was,
so they got,
they got a lot of shit cooking over there with Toshi Mart.
and there was already one.
It's too bad Flynn's such a gay guy,
dude.
Otherwise I'd really be interested. So there was one coin that bad flint such a gay guy dude otherwise i'd really know so there
was one coin that was launched yesterday i think or it may even it may even be older than that
um it was quantum coin and i think they did that or did something i i don't know base coins are
gonna i think start getting a little bit more action over here because of this.
So pretty interesting.
Yeah, like I said, I was hoping he would have fucking, I was trying to ping him to get his ass in here.
So yeah, we don't talk about base enough, but there are some things cracking over there.
So I might look at it.
Go ahead.
No, speaking of base, you see Zora? No-uh bro 1.3 billion it's up another 45 46 today yeah um 447 million dollar market cap the
fdv is now 1.38 it is like been one of the hottest coins out there over the past week and a half or so.
You know, ever since they launched the app, Zora's been catching a lot of bids.
And yeah, I mean, BASE is doing some cool shit.
Obviously, Coinbase as well, you know, adding all DEX activities into the Coinbase wallet.
So you can now, you know, trade among a bunch of different chains all through coinbase whereas before you know you didn't have that option so you know they're bringing the casino
to coinbase it's going to be interesting to see you know how base does uh moving forward but yeah
zora hit 500 mil during like the the pico bottom is that right and then uh now now it's fucking basically almost
point three almost two x from there that's pretty good it was put it this way on the seventh
it was six cents it's sitting at 14 cents right now yeah yeah that's a past few days yeah it's
a pretty hefty climb there was some there werebacks. Like, Rekt had a decent pullback.
You could have got in on that.
I think Pengu had a little bit of a pullback and then is now, like, doing, I guess, you know, the handle of the cup, if you want to say.
Yeah.
So, it's, yeah, there's a lot of. I mean, dude, it was one cent on the 14th of August.
So it's at 14 cents now.
14X if you bought it within the past few weeks.
So yeah, pretty impressive.
Yeah, that is.
Let's run through a little bit of market shit because ETH just...
Everything cooked last night.
Yeah.
It just shot up out of nowhere.
Yeah, well, it was right when you know the weekly
clothes happened china obviously eight o'clock in the morning we saw bitcoin just okay giga
is that me rugged or is that kenny no that's Kenny rugging. Oh, okay. Alright, go ahead, Kenny.
See if we got you back.
Yeah, we got you now.
Yeah.
Yeah.
The 121.
22.3.
Kenny, you're rugging hard, bro.
Come right back.
Alright, yeah, come back.
This motherfucker.
Yeah, yeah. I think he mentioned bitcoin though did i hear him mention bitcoin
because bitcoin's like well over a dollar again yeah he did uh yeah all the abstract memes are
are uh are cooking but we're gonna wait for him to get back in here that way uh you can properly
shit on him um kyle because i know you've been waiting for this
wait what are we shitting on kenny about i often forget which things just abstract memes
oh yeah yeah yeah yeah so yeah yeah because my abstract meme bag has
on is he here yeah he's back can i hear you here yep i was just in the middle of saying
how much my abstract meme bag
has outperformed Farcoin
since I cheated Farcoin and put it all into abstract memes
It was a good move for you, man
It was a good move for you, yeah, look
It was a good move for me, he says
We're catching more volume
Kenny's Farcoin bag
is not down, despite the fact that
everyone else's Farcoin bag is down
somehow
It's a good move!
Yeah, no, no, no, look.
I mean, it's, you know,
there's definitely more volume on abstract right now.
I think there was, I looked at it this morning,
one, two, three, four, five, six, seven, eight,
maybe nine or 10 coins in the top 30
that have over 100,000 in volume,
which normally it's like two or three so there's
definitely more liquidity coming in people are bidding memes hard obviously luca you know
bidding some memes kind of made people bullish on it and yeah there's there's been quite a few
coins that are doing pretty well um so yeah i i stand corrected i didn't think it was going to happen
yeah speaking of which it happened a little little bit of drama around uh that comment
from finn the other day relating to somo hasn't it been yeah a little bit uh yeah so he was
replying to a thread from a guy named vert uh and he was talking about just basically somo and some other brands that he
had invested in and there was like you know this p2a pd you know mechanics all this stuff somebody
mentioned abstract or something and then finn came and said we haven't talked to that team in close to five months so zero idea here um
finney's to let the intern know from abstract because i've made several posts about somo and
tagged abstract chain in it and the both ecosystem and the abstract account have liked them all so
um a little miscommunication going on yeah i just think
it's funny that like not hearing from the team for five months seems like something noteworthy
if you've ever held a creeps before hell you can go a full year without hearing from these guys
well it's not a full year don't be fucking dramatic they're fucking come on now come on
now we know who the web three clown show is it does make you wonder though like you know
is somo still gonna launch on abstract or not i mean there's definitely been liquidity issues on
abstract it yeah perhaps hasn't been as hyped as uh you know everybody thought it would be i've been
enjoying the ecosystem farming xp but that you know doesn't necessarily mean the entire market
has been pivoting hard into abstract right so like i don't know it's very possible that the boys have decided uh to go elsewhere
i mean who knows yeah yeah yeah no one yeah one million percent i mean this could this could
definitely go on another chain uh you know with them having portal pay it could literally go on
any chain uh we were talking about it in the background,
and the consensus was like,
it needs to launch on fucking ETH and just be there.
So, you know, who the fuck knows?
You know, who knows what happens with it?
But, I mean, bro, summer's almost over.
That's why I made the funny ass fucking well i thought it
was funny some people didn't think it was funny the uh the the uh winner is coming uh with slimer
you know because like we don't fucking know and summer's summer's quickly approaching i got a
message i thought that was hilarious the winner is is coming. Yeah, it was pretty good.
Yeah, dude. It's going to be a very spooky.
So most season.
Yeah.
Yeah.
Um, yeah.
So I don't know.
We'll see what the fuck goes on.
Um, well, look, if you wanted to like, you know, I have been arguing all year on, on this
very stage that they need to wait for the right moment and not just send it and
i mean you'd be hard pressed to tell me that we're not at or near the right moment right like i feel
like the proximity to major activations for creeps and somo you know i i mean i'm not a market expert
but it feels like we're getting there right and i've've always said late this year, early next year, will probably
be the big NFT season
just based on historical
cycle type shit.
Jit's not allowed on stage until
he buys a creep.
I'm not a co-host anyway.
You can't see him.
You got lucky today, Jitoshi.
I made it on stage with this dumbass digital slop.
Even if he uh even
if he gets put on stage i'm gonna remove him um until he buys a creep because he made a bet
he made a bet that if boss got to 30 mil that he would buy a creep and boss got well above 30 mil
and 140 yeah and this guy round tripped his bags.
Normally, we would not have even let him farm this stage.
Usually, you would have to have a creep to farm this stage regularly the way he does anyway.
But because I like Jit, we've allowed him.
But now he's done put his foot in his mouth by making that bet.
It's time.
It's time.
Change the...
You bastard.
Yeah, get the PFPp changed i want to see
it on the blockchain um and then we'll make it happen so until then you're cooked bro
um no don't care about that uh but yeah kyle who the fuck knows what's who the fuck knows
what's happening here with uh nobody with some uh bro
nobody knows and it's entirely possible that not even the team knows last we heard there was some
last minute partnership that they were trying to iron out but bro send it that's it just send it
like eth sending bitcoin sending fucking damn ftx is gonna come back before we have a tg um you know so yeah pretty
wild shit um but anyways uh kenny what else are you looking at bro man just looking at the market
obviously we've gotten we got some runners over the weekend you some memes, one in particular that, yeah, Clippy, $30 million.
That's pretty fucking good.
Takabu, that's at $60 million.
So, Klippy's up 200% today.
Takabu's up 100% today.
You're starting to see a lot more runners and particularly on pump fun, which is interesting
and pump fun. The actual pump token is up 21% right now. It's a backup to 0.00375. So from the
bottom, I think it bottomed out around two four. So it's up about 50% from the bottom.
So it's up about 50% from the bottom.
Flywheel seems to be doing all right over there.
They are doing buybacks.
They also made a statement over the weekends,
and they were going to be buying the organic community coins on pump funds.
So that's partially why we've kind of seen this pump on some of the coins over there,
at least some of the coins that have been around for a couple few months, you know
But uh, yeah, we're getting runners again. I think people are hungry. I think people want to get back in the trenches
So yeah, you got spark sitting at
45 mil this thing launched last week not even a week old you got clippy at 30 mil. That's what three or four days old
clippy at 30 mil that's what three or four days old um so yeah and then even in the trenches you're
getting like smaller little runners i know juice called um and coin called investor yesterday
sitting at 1.5 mil um you know there's definitely runners uh on the you keep calling runners but
you're not even calling ticker runner yeah that's the one you called and that hit what, like three mil?
Three mil, yeah, three, yeah, 3.2 mil.
Yeah, you were in early too.
Yeah, I seen it in another chat, then I dropped it in the other one,
and then, yeah, it was 160, 180K, and then it ran up to three mil.
Right now it's sitting back at one mil um so the narrative
one is pretty good as far as it being the apparently this character this home star is
the uh the inspiration behind doge and it was like a video that's like floating around out there with the
with the um within the community that shows the co-founder like talking about this character
and talking about how it inspired doge um and that's where it was born from so
it's really surprised that it didn't like up more steam because the narrative is there.
And when we looked it up, there was never any other coin that was created off of this character.
So yeah, I was pretty surprised by it.
But I mean, a lot of people are still holding.
The holder count's still going up.
It's $32.50.
Well, look, it just dropped $32. 32 49 but either way uh the narrative is still
there is it gonna play out i mean i i don't know it's it uh it kind of looks like it's
you know winding down a little bit volume is um the volume is up on the five minute, but you know, we're down 20% on the, uh, you know,
essentially on the 24 hours. So, um, but I mean, it's all it takes.
These, the community's getting pretty wild with it. So we'll see what, uh,
we'll see what happens from there. So, um, but yeah, I mean,
I took a little bit of profit on it. So it was a good, it was a good call.
Um, yeah, yeah, definitely. I mean, look, it's time to start paying attention again to the trenches.
Especially, I think Elon put a tweet out yesterday saying, I think we're going to run back Q4 2024, but way bigger this time.
So he's out here bullposting about meme coins.
Obviously, Bitcoin getting you know, getting close
to its all time high again. You got ETH over 4000. Solana is back up to roughly 180. So yeah,
we're starting to see a little bit more liquidity flowing into meme coins. And we're getting,
you know, these runners, which, you know, we were getting runners throughout the year, but not at this clip that we're getting them at right now.
We're having, you know, multiple coins hit 20, 30, 40, 50 million, you know, within a few days.
So it's starting to heat back up.
So, yeah.
Also, corporate treasury is really crushing it right now.
Bitmine up another 16 bucks today. He's currently sitting
at $67. That's Tom Lee's unicorn, his company that their aim is to own 5% supply of Ethereum.
They already have 1 million tokens, so they need to get to 6 million to have that be achieved. But
So they need to get to 6 million to have that be achieved.
But his ETH holdings are like over close to $5 billion at this point.
You got SBET, Joe Lubin's company at 26 bucks.
That's up another 10% today almost.
They've got a shitload of ETH as well.
Then obviously MicroStrategy up another $16 a day to $411.
The corporate treasuries seem to be doing well. And the cool thing about corporate treasuries,
it's not based on revenue. It falls into a category of its own because these stocks are
a little bit different. They're like hybrid stocks. It's kind of like what Exxon was back in the day
because Exxon was never based off of their revenue stream.
It was based on their oil reserves.
So the stock price was based on how much oil they owned.
And it was one of the top stocks for 20 years
back in the 80s, 90s, early 2000s.
These corporate treasuries,
it's not about their revenue stream it's about how
much the value of their balance sheet is so yeah i mean if you're bullish on eath you should be
buying up buying up some of these corporate treasuries in the you know in the stock market
because yeah i think you know i bought uh around 32 bucks last week oh Oh, I thought you bought SBAT. No, I bought Bitmine at 32 bucks
last week. It's sitting at 67, you know, for, so I'm up over a two X, but like in the stock market,
you don't see these types of swings. You don't see a stock double its value in a week. Um,
and I think it's just getting started in all honesty. So everybody should be looking at that and getting exposure to it.
Yeah.
Well, I finally, finally came off of like, cause I mean, I haven't traded any fucking
thing in forever.
Uh, but I was, it's been so long that the last time I was trading, I was still using
Bull X.
Um, and I started using Padre this weekend and, uh, a lot of cool fucking features on
that.
Whose referral link did you use for that cheese?
I used S-B-L-E.
Very nice.
There you go. I always use
if he throws them at me, whoever
gives me a referral, I'll use
referrals because I ask people to
use my referrals. So it's kind of
like an asshole move if
you know, if i'm not using
other people's referrals when they throw them my way speaking of sp referrals real quick i'll
his telegram go to sp's account he's my quant he does all the charting for the fucking sneaky snake
cabal group in the back channels and uh yeah all you got to do to get in his telegram is literally
just sign up for blowfin using his referral link you don't even have to do anything on the platform just sign
up yeah but he did tell me on runner he's like oh no mate i think it's you know this whole meta
might just dry up real fast and just might not do nothing and then fucking the coin took off
yeah i know but he did in his defense he did say it'd probably reach 5 mil.
Where in the fuck's 5 mil at SB?
But yeah,
no. Literally.
SB is giving
the setups on leverage
trading. He's charting all
kinds of meme coins.
Giving you optimal entries to buy.
I mean, it's fucking, dude,
if you want to trade,
you're doing yourself a disservice.
If you're not in there absorbing the information he's putting out because
it's fucking super,
super helpful.
I mean,
he called the troll bottom,
spark bottom.
I mean,
just like multiple,
multiple coins,
that have liked since 10 X,
you know?
So yeah.
But don't be an asshole when you have a coin going down
and in his DMs begging him to
tell people to go buy stuff.
Don't do that.
Because that's pretty gay.
There was somebody that did that.
I'm just giving him a hard time.
But anyway, look at his curl up
on fucking Runner.
It's never going to be SB's responsibility
to tell you what to buy and when to sell right what he does charting it shows you levels at which a
coin is likely to catch resistance or support that's it you still have to know what you're
doing okay but he's going to show you the best levels that you should be looking at and that's
a huge piece of information yeah oh kyle's back home i can hear him fucking sucking down a sandwich
what's in kyle's now yeah oh yeah we haven't played that i'm just eating real quick and then i'm trying to fucking move it along but it's all right that in a while i got time for you guys i
got time an idiot yeah let's go wow dude you still got the soundboard yeah i still got it bro it's all right here um yeah uh i um
yeah jit's down there but i'm afraid if we bring him up he's gonna say something that's like i'm
bringing him up on him look at fucking runner run baby run you're gonna say something like what he
said in the dm yeah probably yeah probably so all right so here i want to i want to share something
sharing it on stream right now on august 9th adam weitzman puts his post out all right this guy had
a question about other side and some other things going on in yuga and whatnot so this guy just made
the investment he bought the 5 000 other deeds he also owns fucking millions of dollars
of board apes mutants and other assets and this guy had a question for the one of the team members
and so figgy he's the head of ugalab's chief of product so instead of this guy just getting on a
fucking google meet call with him this dude gets on an airplane and flies from fucking L.A.
out to upstate New York just to have a sit-down meeting with this guy.
Like, could you imagine having that much fucking pull
where, like, somebody like this would just get on a fucking plane
and fly out and rather just, you know, talk to you on a call?
He just, you know, just flies the fuck in.
Just, it's pretty wild what yuga's doing
over there um and man i really think these fucking apes are undervalued uh you know i think we're
gonna see some we could potentially see i think close to all-time highs if not new all-time highs and seeing them at 13 eth right now man i don't know
i just 150 i get it they're gonna over 10x from here i get yes i do yeah i do i think when they
release what's coming towards the end of the year in the next year yeah i do so what does that put
crypto punks at if you're saying crypto punks are going to be a
couple crypto punks are gonna be a couple hundred eth bro yeah kenny think about it like this dude
it's not about the actual value of the nft right it's about the speculative and flex uh aspects of
the whole thing you know what i mean like a rolex if you take apart the components and like figure
out what it costs to produce a rolex like it's
not worth what they sell for not even close right what you need is nfts to become like a flex again
something that people actually like go to the timeline and show everybody and they're proud of
rather than like this thing that everybody's still kind of like making fun of right and that sentiment
is shifting but it hasn't like you know at a certain point it's going to hit like a breakneck
point where it just fucking takes off and uh you know board apes are still going to be board apes
so yeah yeah we'll see uh all right let's say how to moon high i just got a fucking text that i got
to run over and help my sister at the hospital at fucking 1205 so we're gonna definitely be
shutting it down i might even be mobile for the end of the space Or I may just rub the fucking thing
Moon High, what's up, GM? How you doing?
GM, I just wanted to apologize to everybody that bought
Knock Amigos
It's a horrible thing, but, you know
Are you fucking Beeple's assistant?
Like, what did you do? Why are you apologizing?
I hate to see people lose money cheese oh oh okay
did you buy any no no no no sir kyle did kyle actually made how did you really kyle made a
little money on it so i bought one the day before congratulations i bought one the day before and
um because there was some talk in some of the uh there's like
bunny the ape has this chat and anon is in that chat and he was in there going ham about how
there's going to be some big announcement at this people event tonight so i bought one but then i
went out and was partying for my birthday and i missed the entire pump i bought one at 0.18 could
have sold it for 0.45 was drunk uh and then ended up ultimately selling it for 0.19.
So, yeah, I didn't make very much money on it.
But at least I didn't end up under, you know,
I still made a little bit of money, whatever.
I pinned that post up.
That guy said he swept 50 of them.
Yeah, I think that was bullshit.
I don't think that was.
Yeah, I called bullshit on that.
Yeah, he's capping.
That's my thought on it.
Dijani, what's up? GM, bro.
We're going to get to you and then wrap it up.
It's going to be a short one today. Sorry.
GM, GM, what you're wrapping up?
Yeah, I have stuff. I have some
IRL things I need to go run and do. What's happening?
Oh, not much.
I'm cleaning my car
figured out that i need to do a lot of stuff with it and yeah just chilling seeing the the pump of
ethereum over 4 to 4200 and yeah um i also uh wanted to buy an akamigo but yeah luckily i didn't
I also wanted to buy a Nakamigo, but yeah, luckily I didn't.
Well, you can buy one now.
They're back down to the facts they were prior to the pump.
Well, they're almost back down to where they were prior to the pump.
Look, here's the thing.
I think Nakamigos is an interesting collection
because of the fact that there's so many people willing to speculate on this
in such retarded ways, right?
But I'm going to, for me personally, I would like to have a Nakamigo. I don't want to buy one at
this price. I want to see these things dip hard again. Like right now, they still have a little
bit of social momentum from being all over the timeline and shit. These things are going to
become uninteresting again in the short term future here, I think.
I could be wrong.
Still an idiot here, right?
But I'm going to look to get one of these at some point, but a lot lower than they even are right now.
Yeah, most probably I will wait for a few days or weeks or months or whatever just to get one.
What else?
Do we have some higher news from something
or why this
Nakamigo pump happened
yeah you need to go back and listen to the first 20 minutes of the space
because we talked about it then
yeah no I don't want to recap
fucking
I should have said reality Nakamigos
today because we literally
the short version of Dijani is people scam pumped Nakamigos today because we literally talked about it. The short version to Johnny is
people scam pumped Nakamigos. There you go.
Oh, okay.
Yeah.
Alright, Kenny,
what else do we got?
It's like a really quick space today.
Sorry.
My family calls.
I gotta go.
No, the other important piece of information,
obviously looking at ETFs, you know,
ETH inflows, 461 million inflows on Friday,
which pumped the price over 4,000.
Curious to see where those go.
BlackRock came out, said they have no intention of filing
for an XRP or a sole ETF.
Some big news to think about moving forward.
Yeah, looking at just majors, you got ETH and Bitcoin pumping.
But, you know, red on Solana, XRP about even from where it was yesterday.
xrp about even from where it was yesterday so that news i don't know um they're not recovering
as quickly as ethan bitcoin right now but bitcoin is back up over 120 at 12272 ethereum at 4 3 3 16
so yeah we're gonna see what happens moving forward i mean it's august typically august
is a slow month in crypto but i mean we're starting out the month really strong.
Charise to see how that trickles over into Q4.
But, yeah, things are looking good right now.
Nice.
Yeah, guys, I hope we see some SOMO shit today.
I would really like to see a SOMO TGE fucking tweet this week.
I personally think it's time to turn the
fucking turn the noise up uh whether the team does it who knows um we'll see what happens
uh other than that what is that uh yeah yeah we saw a lot of a lot of fud over the weekend
it wasn't a lot of fud but you can go back and listen to the space we talked about that too to johnny uh welcome in welcome back yeah we briefly touched on it so um yeah but anyways
uh kyle do you have anything else or no no no i don't okay i did uh just i mean i dm'd joe
about that finn tweet i was just like yo you know if there's anything you want to like
want us to put out like talk about like i don't know what to say about this i don't know if this
means that somo's not like quite ready to launch or if it's just like not launching on abstract now
or like if the comms just suck and you guys haven't talked to the abstract team he hasn't responded
yet if he does i'll let you guys know i mean you know that's all we can do yeah um on that front so yeah no i don't have anything else though dude okay cool i have
a question uh last one about what's up related to anything else yeah um why you don't upload
all of this reality checks on spotify and apple yeah i could i have every single one of them i would be smart yeah i just haven't
done it yet um i thought about doing it but we'll see what happens because i bet a lot of people
would like to listen to i mean it's one of the best spaces the good thing is is uh x no longer
deletes your spaces uh they stay on the timeline forever so they're they are locked in there i could upload
them to spotify but just haven't haven't done it uh maybe one day to johnny maybe one maybe you
could start with i'll take howard stern's place since his contract's getting um since it's ending
on uh serious i'll go over there and take his time. I still think he nuked his...
Because he was tired, bro.
Dude's been doing it for 50 years.
Yeah, he's been doing it forever.
Fucking richer than God.
Why would you want to just keep showing up every day, dude?
The guy's made like three...
Let's just piss everybody off and then fuck off into the sunset.
He's made like $3 billion from this fucking...
That's just from the Sirius.
But yeah, anyways. All right, cool cool everybody have a great day be safe don't hit no dumb links um yeah other than that
unless you're buying a creep that's a good link to go hit uh short of that we'll be back tomorrow
uh uninterrupted hopefully yeah buy a creep j a creep, Jatoshi, you fucking idiot. Yeah, and then maybe you can come on stage one day.
But until then,
go host your own space, motherfucker.
Max, we got it, bro!
Everybody's doing just fine.
We ain't got it, though.
We're done. Peace.
Bye, everybody.
