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THE DAILY ALPHAβ»οΈ
Recorded: July 30, 2025 Duration: 1:13:00Space Recording
Short Summary
In a pivotal discussion, crypto enthusiasts explored the implications of Jerome Powell's upcoming address, potential partnerships between JP Morgan and Apple, and innovative token launches by Zora and Orca. The conversation highlighted trends indicating a bullish outlook for Bitcoin and Ethereum, alongside strategic moves to enhance crypto adoption in mainstream finance.
Full Transcription
Thank you. Yo, what's up?
What's up?
What's up?
Appreciate you guys stopping by on this Wednesday, July 30th.
Obviously, Allison's thread's pinned up top.
If you missed our first show of the week, Tuesday,
everything that we discussed is in that thread up top.
So if you can not like that, if you're not bookmarked that yet,
I would do it now while I'm talking about it.
You'll probably forget about it by the end of the show
when the Alpha star's flowing.
So any engagement with her, greatly appreciated.
Any engagement with the space, also greatly appreciated.
So if you can like or retweet the space,
get people to know that the Daily Alpha's here. it's a resource for everybody to get locked in so we appreciate
you guys stopping by appreciate you guys tuning in setting those reminders and uh obviously today is
a day that everybody had circled on their calendar for probably the past month and a half. We didn't really have an FOMC meeting at the end of the month for a while.
And today, Jerome Powell basically takes stage and dictates what's going to happen with this market.
98% chance that nothing's going to happen, which I think it's already priced in.
You can't get any more priced in than that with 98% of the people expecting what's going to happen.
So like we always talk about,
it's always after he speaks with the reporters,
with the minutes and how he is hawkish or dovish
on what's actually going to happen in the future.
If he is dovish and possibly looking
into cutting rates in September,
the market will probably respond in the short term up.
And then if he's more hawkish in saying that we're not looking,
the economy is doing well, workforce is well, inflation looks stable,
and he's hawkish and says we're not going to do any rate cuts today,
you possibly see the market go down.
In general, August, which we are one day away,
we have expirations on the 31st.
So there will be some max pain.
And then August has typically been one of the worst months for crypto in the past.
August and September have been some of the worst months for crypto in general.
So not looking great for the long term.
A lot of people are looking at maybe $109K for Bitcoin, $3,200 for ETH.
We could have a nice little pump today and then retrace back down until maybe August
15th or so.
Then we maybe get some narratives spewing up, basically suggesting
probability of rate cut in September, which I think the September FOMC meetings, like the 15th,
I think. So we'll definitely get that. This market loves to speculate, loves to front run news.
So if we do take a little hoopsie here, I would imagine we start recovering sometime in the middle
of August, and then people
will start looking at probability of the first rate cut and we maybe will you know go up from
there and then with the announcement of that that could be kind of setting us off for this next phase
of the last kind of parabolic phase for the altcoin so just kind of looking at the market, there's a lot of just interesting talk about these rate cuts.
There's something called like governor dissent, which there's board of governors apparently at the Fed.
And there has been no, there hasn't been two dissents for governors governors which haven't happened in more than 30 years
or 259 consecutive policy meetings there's apparently might be two of these governors
that like dissent from what jerome powell's saying which is kind of showing trump's influence
what do you mean by that where they all don't decide that this should happen so. So there's basically like a board of governors from like the St. Louis Fed.
There's Chicago Fed.
There's a bunch of boards and people that run feds in different cities.
And they all kind of sit at a meeting and they all decide, yes, this is what we should do.
And in 30 years, there's only been one time where two governors have basically kind of said,
we don't agree with what you're doing.
And today, from my understanding, listening to Nick Tamaris, which he is basically the
Fed whisperer, saying today might be the first day in 30 years where we have two governors
basically saying we don't agree with what's actually going on with the Fed and we should
actually be cutting
rates. So that is something that's kind of showing you the influence of Trump. You know, talking
about this, you're getting more and more people kind of suggesting like, why aren't we cutting
rates? We're at really high levels. And then you kind of have some of the policies in general and
some of the people suggesting that we might not even get any rate cuts this year
which is interesting uh kobayashi letter says i mean you don't look just real quick i posted up
top i mean you have uh u.s economy growing three percent in the last quarter right in quarter two
and so we've now entered quarter three so it's like you have everything indicating strength
in the market, right?
Not necessarily that you need to come in and add a little bit of relief or anything like that.
I mean, this is ideally, yeah, if you did that, it would kind of be a blow off top.
But in all actuality, I mean, this is when they make their most, so to speak, is when there's kind of a little bit of parity, right?
is when there's kind of that a little bit of parity, right?
Where the market is somewhat recovered
and they're able to actually make money
because the interest rates are so high
rather than, oh, everything is low, interest rates are high.
We're taxing people a lot,
but receiving the same amount of money.
Now they're able to tax you more and receive more money
because things seem to be getting better as well, you know?
Yeah, the Fed cuts are typically used as like breaks are like warning signs that there's something
broken inside the economy so like it's kind of productive as it sounds we want like unemployment
to be skyrocketing we want we want inflation to kind of be like out of control and then they cut
the rates to kind of control the economy about your problems
I mean like to keep it simple. You just want this is like a band-aid or a
mending a problem
move not a
Add gasoline to a fire move, you know
And I think that that's the biggest issue here now is that we want to add gasoline to the fire
That's what Trump wants as there is a fire he's been
you know it's been cooking in that sense but drum pal's like no man this is uh when it's too hot
you know what i'm saying or when we need to eat and there's not enough fire i'll come and i'll
throw a little bit of gasoline on there we'll make it to where people can eat so 100 and then
we we've basically been speculating and moving back and forward with these probabilities of one rate cut, two rate cuts.
It's up to three, back to two, back to one. And so the odds of the Fed, the Fed cutting two times in 2025 have fallen to 36 percent.
Meanwhile, the odds of one rate cut is up to 25%, with the odds of zero rate cuts are up 20%.
So now we're moving into three is out of the question.
Are we getting two or one?
Majority of people are saying we're getting one.
Those probabilities are up.
And then zero rate cuts is up 20% also.
So we might not get any rate cuts this year. So if we get one,
I don't know if it's in September, if it's in November, if it's in October, if it's in December,
but I imagine that first rate cut is going to be fuel of our market and could be like the
announcement of a blow off top. We just did one, right? So that's something that we need to be paying attention to. Maybe this cycle gets extended a little bit longer now that we might
get like five or six rate cuts in next year. But the four-year cycle is a four-year cycle.
Some people believe in it. Some people don't. But this maybe will add fuel into maybe the cycle
being extended because we will get some easing of rate cuts
in 2026.
And maybe that's not, you know, automatically pushes us.
Maybe that fuels us in our recovery from the bear market next year.
And then maybe 27 and 28 is actually where we see like the ease and like retail coming
back to the space.
So, I mean, it is pretty, it's pretty a non-factor to be completely honest.
You get a 25 rate basis cut, like nothing really changes in people's lives automatically. So you're
going to have to basically expect that these rate cuts are probably going to take a year and a half
to actually affect the retail people, which we want coming back to the space to be spending money.
So that kind of makes me think, even if we do get five to six rate cuts in 2026,
that doesn't really bring the retail back.
And that's what's been missing
in this whole bull market is the retail.
And where are they at?
It's been ran by institutions.
So maybe this-
Well, we haven't had breakout apps either, right?
I think that one good point,
and it was kind of cool to read those lures
and what got you here in those 2021s, right?
I mean, if you're a market participant, if you're a researcher, I think that that's probably the best piece of floating information right now, our new data set.
Is that right?
What got you here last cycle, 2021, people sharing their lore.
But you can see, hey, I saw Gary Vee talking about this on YouTube.
Hey, I saw this, this, this.
It was this ability to participate in this opportunity of novelty, right?
You had Step In was another big major onboarding event.
We haven't had any of that, right?
That actually breaks through the normie.
I think that our biggest event this cycle was memes, right?
With Trump, with Moonshot, Moonpay, the TikTok quants, and you know, all that kind of,
that was our breakout into the normal retail world. And that wasn't, I guess, as sticky,
right? Or as profitable as the JPEG breakout last cycle, right? That allowed people to stay a little
bit longer. People made a little bit
more money right ultimately here you're playing a zero-sum game on the shitters and kind of going
for it right but you had trump you had celebrities you had everyone around this cycle and so i think
that that was our breakout and unfortunately it didn't generate or make enough people rich or
money enough to even stick around like that.
And that's kind of why we have this lag of the same participants again, because we made
it out of our bubble.
But this time it was not fun, cute JPEGs and monkeys and Eminem and Jimmy Fallon.
It was, you know, seven year olds flicking you off, telling you to get fucked, making
12 grand, you know, and you're just sitting hereicking you off, telling you to get fucked, making 12 grand, you know?
And you're just sitting here like, yo, this was not fun.
I'd much rather Jimmy Kimmel than the JPEGs, you know?
So it's like, I just think that that was the biggest, the breakout that we had was a lot different this cycle.
Yeah, it would be like you ignoring Fortnite in 2020 and then saying, oh my god, Fortnite's back. And people have been playing
Fortnite for four years. And then we all go play Fortnite and we all get slaughtered by the sweats.
That's basically what has happened to people that came back and actually dabbled in cryptos,
because there's a lot of people. This is a very complex, this is a very um high iq game with what's actually going on and it wasn't a great
user experience for people and like nfts felt like a something simpler felt like a community
like pokemon felt like stuff that they could relate to right oh i've collected cards or pictures
or that like it made sense to a certain extent coins i mean yeah you're like oh i'm buying a coin and then it's
like it went to zero and then you're like well why well buddy there's actually a million reasons why
ceo's actually bundled at 30 and then the dev decided to sell here and then bundler one decided
to sell and then it's like it's a lot different it's more complex like you were saying you know
yeah and then like the rise of just launch launch pads
like everybody has a goddamn launch pad kind of remind me of the end of the cycle where everybody
had an nft uh marketplace so it's like we're we i definitely think we're getting to like the
saturation point of meme coin culture and that's why you kind of see people moving away from the
trenches right now and moving back to maybe
more established community coins um you know the top coin on each launch pad or going back to nfts
i think that nfts a lot of people that have been in this cycle um four to five years really have a
strong uh infinity for nfts and that's why you're starting to see people like move back to nfts and
start promoting that kind of and so that's ultimately where we are in the cycle. I don't think we're getting
rate cuts today, but you know, there was kind of some more just macro news. Like if we're talking
about retail possibly coming in, we had JP Morgan is an advanced talks to take over Apple's credit
card program, replacing Goldman Sachs as Apple's preferred
partner. And so with Goldman Sachs, I don't think has any crypto development. JP Morgan has moved
more and more crypto. So you have that going on. And then this morning, $4 trillion JP Morgan
partners with Coinbase to make buying crypto easier than ever. So I'm trying to connect the
dots here. JP Morgan might be using coinbase as a custodian
to help apple with maybe launching their own apple credit card or apple wallet that integrates
crypto into it because it looks like jp morgan is definitely interested in crypto and now they're
partnering with apple and so it makes me connect the dots of maybe we will get a crypto wallet
inside maybe the apple wallet or maybe even apple credit card that lets you use crypto to pay let me see if i had it um i
saw oh here it goes they're trying to do it to where you can redeem this is really cool where
you can redeem your reward points for usdc right i mean ideally you can go into your reward portal
right now and say hey uh i want to redeem this dollar for dollar.
Right. And they do that. So what difference does it make if they offer it now? Well, yeah. Do you
want a digital dollar instead? It's almost like a gift card. You can get it in USDC and here's
your wallet. Right. It's powered by Coinbase. So you can start seeing that subtle, you know,
it's offering it in the smallest form, putting it in front of people's eyes, making it an option.
Then ideally, you're going to see them just essentially transition into this idea of stable coins, USDCs as a baseline for everything.
You know, it's no longer going to be dollars that you're converting to.
converting to. You won't be able to get cash. They'll just, oh, get USDC and you'll be able
You won't be able to get cash.
So just, oh, get USDC and you'll be able to pay your bill that way.
to pay your bill that way. Right. So you can start to see it in the, you know, in the,
the rumblings, I guess you could say. One of the things point though, is that Goldman
and Sachs doesn't do credit checks, right? I mean, they have their own internal credit company,
right? So if you apply for an Apple card, um, it will hit your credit, right?
But it doesn't use the big three and it goes through their own internal kind of like, I guess, system, right?
So them losing Apple as a customer is really going to put a dampener on their kind of revenue and just them as a business as a whole.
kind of revenue and just them as a business as a whole, because they're not working with
FICO or any of the normal credit providers. And they also have their own individual payment
processor, right? So that's one of those things about Goldman Sachs. And when you apply and stuff
like that, that Apple credit card is a little bit different just because it's through Goldman
directly and not, you know, through the credit bureau. That makes sense. I was, I think it was Robert Finker, BlackRock and General stated that
the digital payment structure will be stable coins. So you're starting to see that, you know,
obviously they have a big Ethereum bag and we've seen the stable coin regulation recently.
And then like kind of more pattern matching of like the cycle is winding to an end. Back when we had the top in May of last cycle,
we had a Coinbase IPO.
And that was kind of like, oh my God, Coinbase, Coinbase.
And everybody was trading Coinbase.
And then that was kind of the top in May.
Kraken is looking to raise 500 million
at a 15 billion evaluation per the informant.
So it looks like Kraken's trying to get their IPO out
before the market ends. And you would imagine that's going to be a similar you know might be a similar
talking point on mainstream tv similar to the circle like i'm not saying it's going to go
biggest circle but you'll start seeing that publicize can you believe this had a share of
32 per share now it's 150 and then you'll have like a blow off top with a lot of these treasuries and then kind of right which is different i mean a lot of people saw um saw the coinbase one weren't around didn't
participate etc saw circle and we're blown away and we're like holy shit this is the new wave
and the new move the next one i'm aping this is the next one you know what i'm saying so
i would almost look at it like if
we're doing that roller coaster thing um no one was here for the very first one right the very
first loop it was four or five years ago so the first loop that people are seeing is circle it's
the biggest one there will be a you know a next that'll be pretty decently big and it's probably
and it's cracking and then ultimately more are going to continue to follow and try to squeeze the last bit of juice out of this orange you know yeah that's kind of makes
me feel like they'll probably launch that in october and then they'll lead into possibly just
a blow off top in november or december so we are getting i mean it's july it's at the end of july
we got about four to five months left in this this is kind of what you expect the kind of thing
that's kind of puzzling to me is during this kind of run-up of all-time highs,
we really haven't seen any, like, DGIN, like, projects launch.
There hasn't been, like, a Loudio.
There hasn't been a prominent airdrop.
And so it makes me feel like a lot of these projects are kind of sitting on their hands,
waiting for stuff to kind of play out.
They're waiting for, you know, September and October to come around to actually do these announcements and so i do think a lot of stuff has been planned and they understand the
four-year cycle and they understand like the the year after the the having is the bullishest bullet
you know the most bullish time and so i feel like we're going to have a plethora of stuff after you
know school starts again september october you're just going to see airdrops you see big announcements
you're going to see dgen plays and that's all going to just lead to euphoria and kind of this kind of
blow off top that a lot of people are expecting in november so that's kind of what's going on
macro wise there's a new kind of sharp link um competitor called eats villa that has a lot of
big eats cabal people like lido and egan layer, uh, doing the same thing as sharp link. So that
continues to happen. We had poly net poly, uh, gone network basically experience, uh, no blocks
for 30 minutes. And then yesterday we had hyper liquid basically blow the fuck up. And it looks,
they, they look like they were planning to refund users, which is, which is bullish dude. So really
didn't see any, you know, distress on the timeline of people saying I lost a lot of money.
They had a post inside of their Discord saying an update will be shared in the coming days
once the appropriate refund methodology has been determined for users impacted by the partial particular issue.
Refunds will be determined in an automated fashion.
Impacted users do not need to open a ticket at this time thank you for community for understanding as hyper liquid continues to
scale so lots of good news there they care about their users they're not going to say fuck you guys
this is decentralized finance go kick rocks this is what happens they're actually saying hey we
make up because they were able to hit pause yeah if they weren't able to hit pause it would have
been fuck you we don't have enough money to cover that.
My bad.
But when you have the pause button, you can be like, hey, I'll take care of the 1,500 people that got hurt in these last 10 minutes.
You know?
Yep.
But it's pause.
Then we're good.
Yep.
And so it's kind of last with macro.
it's kind of last with macro i mean obviously i don't know if you guys caught it last night but
uh mike novogratz basically changed his profile picture to a knock amigo which was unexpected
it wasn't on my bingo card um he says he identifies as a wrestler um which if you guys don't know who
mike novogratz is he owns he's the co-founder of Galaxy Digital, which is like a $7 billion money manager.
The people that just sold all that Bitcoin.
Yeah, they're the ones that took the Bitcoin from that reserve and then found OTC people to sell it to.
So I don't know anybody that rocks a profile picture that is like...
Yo, that was bought with fucking Bitcoin dumping money.
That's crazy, bro.
He took all his money from dumping Bitcoin.
Well, just like it's a very small collection.
You guys know all the fucking conspiracy theories.
He says, full disclosure, I do not collect entities, but I love the culture they create.
Galaxy does own a bunch of CryptoPunks that hang on in our office.
And you guys all know A-9's conspiracy theories.
This is the same blue as CryptoPunks background of Mike and John, this and that.
And it just like refills the conspiracy theories.
Like, why is Mike Novogratz involved?
There's pictures of Mike Novogratz and Beeple.
There is a Beeple CryptoPunks event on the 9th of August.
Is this all to unveil that they're behind it?
I don't know, dude.
You know the Nakamigos? They're a conspiracy theorist.
They got all these dots connected.
When he changes profile picture...
That would be dope.
A two-year-long performance
art kind of dope shit.
I don't think it's going to happen.
We can hope, bro.
That would make Anon's day.
I mean, I think he was out there spending 20, 30 ETH on one of one rares.
And that, on Cloaks as well, right?
I mean, mind you guys, there's the Nakamigos and there's the whole Cloaks collection, too, that, I mean, I think it totals up to, what, 30 or 40k total assets?
So it's a big, big collection overall.
It's not a bad, it's not a bad Paul, regardless.
I mean, this could be, you know, a local top on it.
Now that he changes profile picture,
but they're still a Nakamitos community, dude.
Like they still host spaces.
It's partially the MF first community.
So it's like, if you are looking like a lot of people are looking back into
established projects, if that's beam coins coins they're looking at you know the bonks they're looking at these
established meme coins that have actually held up the test of time the sbs 6900s the far coins
i mean nakamigos would be considered one of those communities and mike nova grants even identifies
it he says the reason why he loves nfts is because community. So he identified that Nakamigos has a great community.
So I'm like, if we're looking at, like, we're going to have a blow off top.
Yesterday on my live stream, I was looking at seven to eight older collections, and they all have the same charts.
On July 25th, they all piss-missled up.
And what happened on July 25th is when Ethereum approached $3,900, $4,000.
on July 25th is what Ethereum approached 3,900, 4,000.
So yes, we maybe go back down to 3,200,
but that gave you a preview of what's going to happen
to NFTs if we do go parabolic
and we do hit this bull market.
If ETH breaks 4,200, it goes to 5,000, $6,000.
All these NFTs are all going to have the same chart
as you just saw last week.
So like identifying what those collections are,
just go on OpenSea and just look at the ones that went up in price,
like the Mooncats, which is an old collection.
There was a 9-E.
They have Rescue Cats and then have Genesis Cats.
The Genesis Cats are the rare ones.
I think there's only 100 of them.
There's someone that bought it for 9-E last week
and now has it listed for 19.
I looked at Moonbirds obviously went up crazy
M efforts are at the pulse. No, I mean like we want to talk about
Hey money's coming in
There's been more punk sales in the last two weeks than we've had in the last two years I've just actual sweeps and deployment and people just picking them up like crazy.
And I mean, like, not little sweeps.
We're talking million-dollar sweeps.
You know, multi-million, two, three million-dollar sweeps.
Picking up 10 punks and shit.
So punks are flying.
None of us can afford those.
So I was kind of looking at the beta for punks.
I mean, Nakamigos might be that beta.
But Cryptoads have always been considered the beta to punks.
And they have a similar chart like
all these charts look very very similar so if you are expecting a blow off top maybe in this next
correction start loading up on nfts expecting that we go to back to all-time highs all these nfts are
going to go up in price with enthusiasm based off each price breaking all-time high and that's just
we we didn't even break all-time high,
and these charts are fucking euphoric.
Just imagine when we actually break all-time
for the first time in five years, it was deemed dead.
It's going to be, and people in this space that are left,
that are like seniors and now graduated,
they have, they love fucking NFTs.
Like a lot of people have been burned by meme
coins they want entities to succeed so i would imagine there's a lot of liquidity they're going
to move from these meme coins back into nft culture and i think a lot of people are going
to resonate with the ones and the communities that they were in previously so let me bad to do some
research into some collections that are still around like i was looking mfers are at 0.6 east like they're 22
thousand 22 hundred dollars that blew my mind mf are like i look at knock amigos before this mike
nobergrass thing it was at 0.14 and now it's at 0.19 but i was like that's a pretty strong community
the fact that they're still up there in price so wouldn't be a bad thing you could go into the
meme point traders you get long and short i i'm i'm looking at nfts
expecting that we break all-time highs and these are like some of the best returns uh in the market
and a lot of people will move from meme coins back to nfts during this the last euphoric cycle so
i mean you just mentioned it chief like what did we just talk about the top of the show
the user experience for retail for meme coins is not satisfactory. So just imagine if all the people here in the space agree
and we all start promoting NFTs again,
those new retail people are like,
oh, well, I didn't play with meme coins in January.
I didn't play with NFTs in January.
Maybe that will create the exit liquidity
and like the euphoria in NFTs
for the last phase of the cycle.
Because like a lot of those people
that came in 2024 from Orangey, they just played meme coins and they actually haven't dabbphoria in NFTs for the last phase of the cycle. Because like a lot of those people that came in 2024 from Orangey, they just played meme coins.
And they actually haven't dabbled in NFTs.
Well, if the main OGs are actually dabbling in NFTs again, maybe that's something they're interested in and they actually get into.
So just something to look at, man.
I mean, these people talk about tokens make you rich, tokens this, tokens that.
Yeah, that's cool.
This cycle. I mean, last cycle, JPEGs make you rich. Tokens this, tokens that. Yeah, that's cool.
This cycle.
I mean, last cycle, JPEGs made everybody rich.
It was motherfuckers that minted 150 board apes.
It was the dudes that minted 30 squiggles.
Right?
It's, oh, I went hard on moonbirds.
I mean, those were your wins.
Oh, cyberkongs.
Oh, there was a token.
Yeah, there was. But the Kong was worth more than any fucking banana.
Why?
Because the Kong made the banana.
Yeah, you can get the output.
I want the hen.
You know what I'm saying?
You chasing eggs, I'm chasing chickens and shit.
So that's one of the reasons why I've always been stuck on the JPEG aspect.
It's just the double and triple leverage.
If I'm already going to put my money up there,
then I want it to work for me in as many ways as possible and be as safe as possible. And that
makes sense, right? Kind of try to find the balance of that. And so with JPEGs, you have the JPEG
itself, right? And then you're dependent on community. You're dependent on all that fluff
and extra, right? But then one person can't take
a jpeg chart you can do it for a day you can do it maybe for whatever right two days if you have
enough but that's it once you're done you're done and you're out you're out right it's a lot
different than the ability of causing this price cascade or this oh the token got nuked to zero and then everybody just dumped
their dust. So different trading psychology, different reward structure, right? If you
airdrop me something because I have a JPEG, I now have two. You still got one token. I now got two.
I can sell the JPEG and sell whatever I got airdropped. So it's just, I don't know. I just
look at, once again, making my money work for me in multiple ways
and the least amount of risk and exposure in that sense.
And just JPEGs make sense, right?
NFTs are in the cycle too
because a lot of people build their following up
with like showing charts of their professional trading
or they're just meme coin trenchers.
And so like you are susceptible to, you know,
dealing with the chart that has a lot more people that have exposure to it.
Everybody can get into a meme coin.
And once you start realizing your influence,
maybe having a collection that is a 2K, 3K, 5K supply,
your influence affects those charts a lot more
than the influence of on a chart.
You don't have to worry about as many people.
So NFTs have always been the end of the cycle because a lot of people that built up their influence are like, I'm done dealing with 100,000 holders. Let's create a collection we can control
that has 10K PFPs and a majority of us own like 20%. And now we control the price and there's a
lot more people that have to pay to get into this, and the price fluctuates quicker because there's less supply.
So I definitely think NFTs are going to be something to be looking at,
and a lot of people think they're fond of it.
I mean, Xcopy is basically bullposting these minis, dude.
These minted yesterday for $19.
Gigi, does anybody mint it?
If you're in the foundry, you were able to get whitelisted for this.
He's bullposting these minis.
He's saying mini season.
They have CryptoPunks' IP, MFers, Knock Amigos, Doodles.
And I think there is one other IP.
Drifters, too.
Yeah, I got a grifter, dude.
I got his grifters, you know, like his.
That's the one I minted, bro.
And I got a baby blue grifter, bro.
So, yeah, man. man x copy pushing this collection i think it's up like 200 from the bottom yesterday people were selling pre-reveal
obviously i got like the 0.027 yesterday pre-reveal it dumped obviously and then he started
posting again on this this morning and it's moving the collection up to like maybe 0.03 so that's
something the you know now you got the ogs coming back talking nfts and then yesterday mean pulios
did pretty well if you minted um obviously brc20 is the hot thing on ordinals it's kind of a new
meta it's all kinds of brc20s and mean pulios went from i mean 19 bucks up to 100 maybe so yeah you also have i mean the real
we try to say it like old guard likes jpegs right and you can also see it in
fidenzas and all these art pieces that are being meridians right uh glazers all of these bigger
prominent art i guess like uh flex pieces are now being bought again right i mean you've
been able to be buying these for months but yet no one thought it was risk on time yet so
keep an eye on the art sector of things right in my opinion that's always been where you start
really seeing people feel risk on and willing to risk money um not only are they collecting but
they're also planning on you know long-term collecting a lot of them once again made their
wealth through this so you can see almost all the art collections are actually the primary ones that
are green not pfps not any of that shit which i think is an interesting metric and something to
definitely keep track of um you also have the Zora shit with the artist.
I think that that's an interesting thing too.
I mean, we saw Jack Butcher drop his coin.
At first, it was down to $3 million.
He came out and said, fuck it, since it launched.
It is what it is.
And I guess I have to make an experience out of it.
So that's actually becoming something.
It's 2x since this morning.
It was sitting at $7.5 million.
But that is actually going to become an exhibition through BD.
Right?
So let me post all that info up top.
I don't know if I'm looking for it more cheap or not,
but it just kind of seems like the drum beat for NFTs
has kind of
gotten louder over the past i don't know two to three weeks i don't know if that's just eth going
up in price but you mean like you're starting to see nft mints be profitable again you're starting
to see big people change their nfts you're starting to see big people like x copy starting to talk
about other collections again it's kind of it's kind of coming back man like
you're kind of seeing the first wave of it and I don't know man I'm starting to get bullish again
like there's probably a period of time there during the meme coin cycle where nfts were failing
the mint people are cutting supply left and right and now you're starting to see you know two to
three x's off mint of a lot of, even like secondary becoming profitable for some people too.
So I don't know, man.
Is this giving me vibes that, you know, this is heating up again?
And I really do think a lot of people will cycle back to NFTs because they've got burned so much in meme points for the past two years, man.
Even these new mints, you'll see, we talked about it yesterday, right?
People moving over to establish projects, quote unquote, blue chips in their mind.
I mean, the example we saw on Bitcoin, I think, was probably the best one, right?
We got parity across a lot of blue chips and a lot of these new BRC 2.0s and just new collections in general.
and just new collections in general.
And as soon as we got to that point of equilibrium or parody,
you just saw people take this as a opportunity to kind of just step over, right?
Oh, we're one for one?
Well, yeah, I'll swap this out.
Because at this point, not to say that we're a new ecosystem,
but like you said, the PTSD of we haven't been able to mint anything out, we haven't
been able to have any fun, do anything. And the only thing that's been around has been around.
Right. So am I going to bet on something going into, let's just say the next five to six months
that's been around? Or am I going to try to ride out this potential either bull or bear with a new contender, right? So when we start
getting more of these events of just, I think, revenue generation for the space, ultimately,
I think these newer mints have a greater chance or a longer lifeline. But for now, I mean,
these are going to be used as vehicles to acquire blue chips and as vehicles to just get by right these are checkpoints
of oh this is boredom or oh i didn't have enough money or i want something to do you know oh this
actually ran cool well let me load up on one of my you know grails or my to-dos because they're
not getting as much as attention now so i mean like how many launch pads could come out and how
many times we got to rehash
the same oh this is the first cat on this launch pad this is like we're just replaying the same
like dilution on each of these launch pads and it's getting boring dude like you can only have
so many first cats on each of these launch pads you can only have the same you know useless worthless
last you know less fucking coin on each of these launch pads.
I mean, it's getting a bit dilutive and the liquidity is getting spread out. And so you're
starting to see people focus more on NFTs and the old NFTs because there isn't as many NFT
mints. So if you're talking about money being spread out, NFTs are like, they have been saturated
in the past, but they're less saturated than meme coins, and people
understand them more than the
meme coins recently. So, I just think
the launchpads are really kind of
slowly taking and
draining this space.
Because each of these launchpads
built on Solana, they take like 2%
fees. That goes into their wallets.
They sell it at OTC. I saw a tweet that said that
they're up to 28 now. And then you have axiom is the leading fucking dap our web app that's leading pump like solana
and revenue so all these launch pads like slowly but surely are draining more and more so out of
the ecosystem so it's just like do you want to stay here and let that be dilutive and like the
money kind of dry up over there or do you want to transfer to something else that actually people have had you know fond memories of in the past and
i don't know man i don't like i said i don't know if i'm looking for it but in a tease are starting
the drum beat starting to heat up all the charts are looking like if we just break some kind of
all-time high with ethereum all entities are going to send higher than they are right now
i knew it bro
i never cheated you know i mean i went down the alley every once in a while i got shanked
by one of these shitters but i've always been in love with my little jpegs and shit bag holder
extraordinaire uh in bag holding we have the number one technique of making sure your bags go up while others dump staking. We saw this with Adderalls.
I do want to kind of lay the law of the land, have you understand a little bit on that.
Adderalls ran up over 2k. Very few people were even able to sell at that range because they
were locked up, right? So that's one of those things too that you got to
think about that as they're coming up with these new staking mechanisms, these are supply squeezes.
And that's what's causing this such a quick run up, especially on the Bitcoin side of things,
not a lot of liquidity is they even really needed to make these move. So keep that in mind, right?
You can lock it up.
You can play the, let's just say, long-term game.
Or in September, I'm going to get some BRC 2.0s.
And it's going to make up for, I mean, probably not, bro.
I mean, the chances of BRC 2.0 becoming and still staying as hot as it is today,
all the way up to September are slim
to none, right? I mean, you can probably buy the asset you want within a week or two and then be
good and set up for BRC 2.0 then or a week before September. But I just don't think that what we're
seeing now is the sustainable pump due to one liquidity and not enough new people so don't be swayed don't get
lost in the sauce make your money don't be the one you know stuck bag holding when they're playing
musical chairs right you can stake if you want but hey just keep that in mind right a lot of
is this really staking though chief like i know there's no smart contracts on bitcoin is this just like a time locked like how does this work i mean is there staking on bitcoin i mean you can
send it somewhere so how is how do they get the tokens is it like all right i'm gonna send this
here for a week and that like can i unstake it any time or is there no it's not these are basically
like time locked vaults gotcha got Gotcha. Is that even staking?
Because it's not in your control.
Once you set it for three weeks,
it's not like you can go unstake it and wait four days.
It's three weeks, right?
It's not like changing the time.
Yeah, you're basically locking it up.
I think the minimum time was 90 days, one month.
And then you can kind of go on from there.
But it's like, once again,
the chances of this remaining as hot as it is now for a month i mean let's be honest with you it's not even about
conviction it's about being in the space for a while will it maybe the chances of it not are a
lot higher you know so go you could have sold for $110 yesterday and bought for $58 today.
I mean, that's the thing, right?
We always say, if you really like it, then buy again, double dip.
Majority of people realize that they really don't like something that much when they won't double dip, right?
Because it's like, oh, my conviction wasn't that strong.
It was just strong because I was up.
Yeah, of course.
It was strong because you were up.
But now that you're not, I mean, are you going to trade you gonna trade the the jpeg or whatever or was it just a one-shot
thing right so just be careful with the staking thing i mean it's the same thing for tokens we
got fucked on the barot chain boyco shit right eath went down for three months and whatever you
put in on eath it was staked was it bar BearChain's fault? No, it was my fault.
I staked ETH, but I got cooked
because I couldn't access that money.
Money just went down for fucking 90 days,
and that's it.
So at the end of the day,
you are risking a lot, right?
It's one, risking opportunity costs
for whatever capital you're locking up,
and two, risking whatever immediate opportunity
is available through the value of
that asset i think staking at this point of the cycle is pretty dumb because we're looking at
like blow off tops in three to four months bro me staking in fucking what was it uh where am i stuck
in virtuals i'm still stuck in virtuals till fucking august and no one gives a fuck about
virtuals anymore bro like i'm so cooked that
shit's just going down and i'm what about kato like recently everybody's bitching about kato today
man like they're changing their algorithms yeah they did they changed all their algorithm i mean
for those of you guys that are actively yapping go check out where you land on the kato boards
they did some kind of uh removal of Sybils and you know people that they
assumed were bots or whatever it was and so a lot of normal people even got kicked off or or just
smaller accounts got kicked off got booted etc so a lot of people got you know ultimately raised
on the leaderboard because others got removed so go check that out a lot of backlash
i've seen like 500 people's faces this morning of people just bitching right that it didn't work
and that they got removed from the leaderboard or they got considered ai so they're still tweaking
it i mean it's a protocol it's ultimately ever changing so don't ever think you got it mastered
but yeah bro well
don't you want the most influential people talking about your product to get you the most reach
like if you're giving money to some bots you're just giving away free money to people that are
gaming the system and i think like i i agree with their changes i think the difference here is in
the in the previous adventure of this you you basically had closed door KOL deals, right?
And so these marketing companies would go to KOLs,
they would say, hey, can you market this for us?
They would give them money in the background.
Now, it's not like, I mean, you have a chance still,
but it's transparent.
If you can gain your following, you can gain engagement,
you can move up the leaderboards,
you can get airdrop tokens. So instead of it just going to the big influencers like i was already doing in
background deals now you have a transparent way if you work hard enough to build your following
build your engagement and actually get airdrop tokens so this is actually you know proof that
all you have to do is work hard and botch your account and then you'll get uh money dude so
like you didn't have a chance.
All the KOL deals, all the KOLs are getting the money anyways.
Now you have a chance to climb up leaderboards
and actually get these airdrops.
So I actually agree with it.
If you're really thinking about the people
that are actually spending the money on marketing,
why would you want it to go to a bot
that gets five or six lights?
And maybe if they get a hundred, it's all botted.
You want your product to be talked about
by influential people that have reach and impressions.
And so if you're giving away money
to people that are gaming the system,
that goes kind of against what this whole thing
was about in the first place.
And that always is what happens in Web3.
Once you find some money glitch,
it always gets botted and gamed
and you constantly need to be readjusting your algorithms
and readjusting the rules to actually keep you know organic growth and actually keeping these people are going to use
your product for marketing you know happy right so it's like why would i spend a hundred million
dollars on marketing on kato if i basically get like 30 people to join right and a lot of reason
that is is because a lot of people that are getting the money are gaming the system and don't actually
have any reach so i actually agree with actually agree with the change in my opinion.
I don't know what you think, Chief, but I actually think it was probably the best.
I just want on-chain, bro.
I just want motherfuckers to, okay, cool.
Congratulations.
You ranked number five on the board.
Please connect your wallet here and we will now see if you get all of your tokens.
You must have interacted let's just say it was a
five-week campaign once a week five transactions does your wallet have five transactions on it sir
okay cool here's your money congratulations you earned it you're rank three whatever bro
there is none of that you can literally just sit there, do a bot army, and just yell into the fucking void, right?
And just finesse and juice all these companies over and over.
And that's kind of my issue is that the on-chain proof element is what's missing.
It's not InfoFi if we're not getting any info, right?
How are you financializing this info?
I mean, you're not really because the distribution element is kind of fucked.
So, I don't know. That's just kind of how is there is there an info fi that actually does i think that's
the next phase is actually tracking kol's wallets that they're actually using the protocol or they're
just i would say like the what were you using the closest thing the info fi in my opinion is going
to be that shit that you're using uh like spider sense and moni like a combination of those two
that to me is info fi right because it's kind of weighing you as a kol based off of your timeline
and other interactions people i mean it has to be a summation uh a culmination of information bro
they're not doing that right you're outputting information but there's no information about who you are as a user, as a power user, as a converter, as anything, right?
So what do you do?
Nothing.
You're a speakerphone.
So that's the biggest difference here.
100%.
What do you got on your mind, Chief?
I'm going to post something up to the top.
Oh, I already posted the Jack Butcher thing.
You guys check that out.
I couldn't find a way to buy the token or participate without going directly through Zora.
Pretty sure if you find the token contract, you can go check it out.
But it is a full-blown activation now.
Right?
It's called the Lemonade Stand.
It is a 10-part artwork.
If you go there now and check it out, it a it's divided into pie charts actually and they're
all different percentages of the coin and you can participate and interact on different i guess
you'd say sections of the coin so really just trying to see exactly how this works out oh maybe
emlo can give us a little bit more info on this because i was i was intrigued by it but i didn't
really understand i just know that number's going up from when it started, and it became real.
And then the Zora team also said that they're going to fix the issue, right?
Apparently, the problem was that Jack had an old Zora account.
When he upgraded to the new Zora, it auto-launched the token.
They said that that's not going to be forced upon creators anymore.
They said that that's not going to be forced upon creators anymore.
It'll be something that you can opt into rather than just automatically launching the token for you.
What up, Emma?
What's up?
Yeah, I think that Zora is interesting for a lot of reasons.
One of which is they didn't airdrop a few months back and then everyone kind of sold and faded that airdrop until about like a week or two ago when it went up
like I think 6x since the airdrop or something like that like a crazy amount
I think maybe even 8x and now it's at like a billion dollar FDV or something
like that and the reason I think it's interesting is because base anyways is
going towards a token creator
economy I don't know if you've seen the new base app but base just did a whole rebrand and like
they also are doing basically like you connect your farcaster account and every post you make
also turns into tokenized content so I think base is just trying to figure out a way to compete with Solana. And I think this is an interesting approach to having all of the tokens be all of the pieces of art be aggregated into one token.
Because what happened with Jack Butcher's pieces, I think he has like 10 different pieces or 12 different pieces, something like that.
And all of those pieces combined to his overall market cap of a few million dollars.
Oh, so that's how it works so in a sense like those are all I guess parts of a whole and
that's why they're okay now the pie charts make sense so the artworks okay
cool cool so it's like the individual market caps combined equals Jack
Butcher's I guess profile worth on Zora so to speak yeah I'm pretty equals Jack Butcher's, I guess, profile worth on Zora, so to speak.
Yeah, I'm pretty sure that's how it works, at least how the guy Jacob was explaining it through a few different posts.
And then I also thought it was interesting and logged into Zora and the same thing that happened to Jack happened to me, but I didn't really care because I have content on Zora anyways.
So it is what it is.
Like, I don't
think that like, it's going to be my entire ecosystem token. I plan on having a bigger
one that is strictly like for my art and for my collectors and to drive collectors into
my art ecosystem that way. But that's not for a while out because I'm building something
a little bit bigger with a protocol.
So I thought the Zora thing was interesting for what it is. I don't think that any of these artists who are launching on Zora are going to consider that their main token.
And if Jack ever did want to launch a bigger visualized value token, it would probably be at a billion-dollar market cap within a few days.
it would probably be at like a billion dollar market cap within a few days.
Like if Darkfarm, like he has over half a billion dollars in volume on checks and OPEP.
And he's one of the largest, like, in terms of volume artists in the space and also in the world.
So like, it's a no brainer that this coin is probably undervalued for what it is anyways.
But also like as a collection of art, it's just interesting.
And so if he adds another piece, is that...
But he's not going to.
He locked it at 10.
Okay, okay.
But that's what I'm saying, for you,
if you were to add another piece...
So if I add another piece,
however much is increased in that piece,
market cap increases my overall market cap for my Zora token.
And then i also
did something cool with manifold where basically if you um have 500 000 of my token you can trade
that in for another um addition of a thousand that i made so i'm just like thinking about
that's the cool i think that that's the flywheel that i guess is trying to solve right because
people were doing that with you know they do that with shitters,
and then they try to pay the artist that created the shitter in the shitter token.
But now you don't need to.
Like, you, your value yourself goes up, right?
It's your token.
So I think that that's kind of removing the middleman
or the biggest whale involved
that also benefits off of your back kind of thing.
And now it's just you and your work, and you win.
That's awesome. that also benefits off of your back kind of thing and now it's just you and your work and you went i saw some i think zora team was on thread guys live stream and uh they're saying like there's like two million dollars worth of volume which i think it's on base right so kind of like i've
seen a lot of people start promoting it a little bit more i've seen a lot more people starting to go and create content over there and i don't know man i never really
got into zora but i mean the token might be a good avenue if it continues to have success so
how are we doing emlo you pin something up top yeah just yeah i just pinned the artwork the the
last pin is the burn to redeem so the trade-in of the MLO token on Zora
for the other piece of art. I'm just fucking around with this token. I didn't mean to launch
it, but like now that it's out there, I'm going to mess around with it and have fun with it. I
think that like, we shouldn't be scared to work with tokens, especially since everything is
tokenized anyways. And we saw with that ZagXbt thing a few months back like he didn't mean to
launch that shitcoin with the nft that he did on zora but it ended up getting tokenized and
turning into a shikwan when zora changed their protocol so like this is what the like what is
happening on base anyways so i think tokens in general are interesting because they add more
liquidity to art at the same time it's not nice
when your token is pumped and dumped so like for jack on the first day when it went to four million
dollars then it went back to two million dollars i'm sure there were a lot of neckbeards mouth
breathers that were very upset at jack and and up his ass saying like oh what are you going to do
for the token when are you going to add utility to it etc meanwhile like
he's like i didn't mean to launch it's just for the art so i think it's interesting because a lot
of the artists with zora aren't necessarily token managers so it'll be interesting to see how things
actually evolve i think gremplin also did a really interesting thing too he's actually the one that
inspired me to trade in some of my token
for um is that why dx terminal is pumping like crazy dx terminal actually is interesting because
i've noticed that people are farming the open sea airdrop with the dx terminal because if you sell
the dx terminal and then buy the dx terminal you get basically whatever xp from the open sea airdrop because the spread between the
weath offer and the floor is extraordinarily thin so i've been doing that and and getting a lot of
it's mad volume bro and i even checked today to see if there's any like buy a you know a token
on base to earn some xp and there wasn. And people are just sweeping 10 and then sell 10 and sweep 10.
And it's like, yo.
It's like the $5 one is the most used voyage that they use.
Buy a $5 NFT on any chain.
And they also have another one.
It's buy a gaming NFT.
So it hits both criterias and it's just getting farmed all hell.
Because once you buy it, you list it instantly and it sells. So it's just getting farmed all hell. Cause once you buy it, you list it instantly in itself.
So it's just being farmed because of the XP voyages and the most commonly
voyaged fucking XP is,
which is 25 XP is buying NFT on any change for five bucks.
And so that's sitting what,
like 10 bucks,
12 bucks.
So it doesn't,
I don't know if it stays more than 0.0019 ever.
I think it's like 0.002 a lot.
So yeah,
it's been pretty stable at that price
the other thing that i think is interesting is they still haven't announced dx terminal still
hasn't announced if they ever will do a token i still won't be surprised if they ever do launch
a token like that that's very common for teams to end up launching tokens in this climate. So like, I wouldn't be surprised
if they end up coming out with something. And they have like a top tier artist, Grumplin,
involved. And they did a very good game. Like, I thought that that was cool. They had a lot of
people involved on base for like a week or two, however long that simulation was running. And
I thought it was an interesting usage of AI agents so I had a good time with that
I mean listen they're all down a lot compared to where they were minted at I think but it's still
like an interesting project and I think it does have a potential to come back after all this open
sea farming and shit yeah whenever that is I saw Adam posted in the discord that there are going
to be tracking if
you were loyal to the platform whenever blur and magic eating rewards are happening and now people
are pissed off like leave your expectations low because this airdrop's not going to be as big for
it's i mean like make it make sense though i started trading bitcoin you didn't offer bitcoin
the fuck am i supposed to do well how would they how would they know if you don't have your Bitcoin wallet attached?
They won't know that you're not loyal to open see on that. No. Yeah, that's my point like it just shows a gap in in
Usership is all I mean, you know, like I was using I was a heavy power user last cycle
Then when the Bitcoin ship came out, I stopped using open see cuz they didn't have Bitcoin shit
so it's like my only advice to is, and based on just like airdrop farming shit in general,
is if you have any old accounts, definitely farm a little bit of XP on it now
to show that that account is current.
Because then you'll double dip basically into the old,
like whatever legacy airdrop they might be giving, plus the new.
So I would assume, assume listen i have no
idea what the fuck they're doing but i would assume that you'll be better off farming on those
accounts that have like history on openc than just a fresh wallet yeah i would imagine that
the only way they can identify this is basically the dates that you've used openc and signed the
message to get on so if like
the last time you signed a message was a 2022 and then now you just signed a message in 2025
they're probably going to suggest that hey this person you know his wallet's pretty active but
they never signed on to open c for another three years forget about signing on i think they're
caring about transacting like if you're buying or selling on openc yeah just like even making one purchase
to keep your account current like it's five bucks but that could potentially be a big payout if they
ever do do an airdrop but again like i have no idea what the expectations for this openc airdrop
is going to be because they haven't released the tokenomics it's possible they do what pump fund
did and say like okay we're gonna give only to the community. And then they also have been farming us now for a year. So like for an
additional year with regards to this specific token. So you now have a year additional of
people farming this airdrop. And if you're a legacy trader that was using the platform in 2021 and
stopped using it, like you said, because you went over to Bitcoin or you went over to Baruchain or
you went over somewhere else that OpenSea didn't necessarily transact on, you missed out on a lot
of time farming. And now you're competing with all these people that have more current stuff and
were farming with the XP rewards and everything else. So listen, I feel for Adam with regards to
like, it's definitely a tough thing to balance all of that. And I'm interested to see how they
release it. But I think more importantly importantly they should just fucking release it like it
They've been tickling us for like
What four years now on this shit like it's it's time. Yeah, I will say we got a little progress though
We went from isn't it open seal never drop a token. I don't think it's coming to hey look
Fuck you guys. You better reward me for my xp so i think that's we're at least
moving in the right direction of something's coming before nothing was going to come they
swore up and down that it wouldn't i think when they saw the you know everybody in the space
moving in that direction we got changing just uh like the government clarity rules uh the ball
right the new team hires were part of this launching of the token aspect
but yeah i just wanted to throw that in that at least we're talking about a token and they know
and they're not like huh rather than two years ago they would play dumb anytime you asked if
they would ever drop anything you know yeah this is like this is the third time that i've that
adam has talked about a token since June.
The first post was like, yeah, it's not coming soon, but it's going to happen in a few weeks.
And so now it's been a few weeks. And then you're starting to see screenshots.
It's definitely on his mind.
And then you had Chris Mattern basically post last week a blanked out calendar of August saying that OpenSea is swinging for the fences in August.
calendar of august saying that open sea swinging for the fences in august so i would imagine we
are going to get a lot of stuff announced next month and probably get a cue on when this token
is going to be launched probably in the next 30 days in my opinion it might not be in the 30 days
but they might say you know this is winding down probably sometime in september and august and
or september and october and i definitely think that would be beneficial because you want this
token to be launched in a parabolic market, right?
You want it launched with pure euphoria.
When do you think Abstract is going to be launched?
I'm hearing that that might be around December time, like holiday season.
Yeah, Luka lives really big and launching stuff during the moon cycles.
And, you know, Pingu is launching December right around like the full moon.
And Pingu is launching December right around the full moon.
So a lot of people are suggesting like Abstract August is going to be like an XP reward.
We talked to Chris about that last week and people are saying they're possibly going to move it up from December into kind of this euphoria moment around September and October. seeing a lot more people get on abstract, starting to farm that more, because I do think it would be a failed opportunity if you launch this token at the start of a bear market, right? You want to be
launching it as soon as retail comes, where tokens, yes, your airdrop might be $2,000,
but in a bullish market where everything's oversold, you can have that $2,000 turn into
10K in like two weeks with just new know, just new tokens launching and shit.
So I do think now kind of looking at the four-year cycle, Tops typically happen in November.
If you were planning on a December airdrop, I think that these people are speculating, hey, let's move it up a few months so we can be in this euphoric moment where, like, token prices go up.
I want any kind of airdrop, bro.
We're not greedy.
We haven't got one at all.
Like, I remember SOS, ENS, Gas.
We were making up fucking four-letter tickers and shit out of literal thin air and just giving it to people.
I mean, the fact that PumpFun hasn't dropped their airdrop is actually kind of crazy.
But, like, listen, whatever.
Thank God I don't need to rely on airdrops to make my money. But it is weird that they did that token presale.
And then they said they were going to do the airdrop.
And then the token went down.
And then they're like, no, never mind.
We're not going to do the airdrop right now.
So I don't know.
We'll see what happens with that.
I think the longer he waits, the better.
Because he's just down now.
At this point, I would have gave it all that
We're already at the lowest we can go if I give it to you dump it for pennies
I mean dump it for pennies so we can get out of here this zone, you know
Giving it to people at the bottom I think is the best because if they dump they dump they made nothing they took an L
They're scoring and they leave
There's more dumping bro. It's not like the chart's nice i mean
it's not nice but it does look bottom but it's gonna go even lower if you give the token so you
might as well do it in a up market but you get the band-aid out and done with i guess you know
you let everybody go and i mean you're gonna dump when you're 80 down on your pre-sale bro
you're not if you give that token to someone that's bad in the markets up they're like oh
maybe this 80 could turn to 200 and said okay we're in a down market. I'm just trying to save
liquidity as much as possible. I'm going to dump. Yeah, be gone. Everybody's gone, bro.
Yeah, be gone. That's why he's sitting there now doing buybacks. That's another thing too. A lot
of people don't understand, but we've talked about it here on the show. Yesterday, he started 100%
revenue buybacks. Hasn't tweeted anything about it yet, the show. Yesterday, he started 100% revenue buybacks.
Hasn't tweeted anything about it yet, but that's why it pumps up 15%.
People saw that being done and changed.
So it's just stuff like that.
I mean, not to say he's cooking or vouching for the man, but he's doing shit, right?
I mean, the chart's not really been reflecting it.
and reflecting it i've gotten cooked trying to long that shit like two or three times bro
I've gotten cooked trying to long that shit like two or three times, bro.
but um in general there is 100 buybacks going on for the day's revenue is started yesterday
uh and yet to get a tweet from him so if you are playing leverage that could be a nice little
candle upwards once people find that out uh and the chart has slowly started not to recover i
wouldn't touch pump fun with any leverage
Considering that there's still that airdrop factor that can happen at any time and that we that could be a catalyst for going down more
The announcement of the airdrop might pump the token. Like, oh, finally. Yeah, that's all I'm saying, bro
I really think that us down here at this little one whatever it's at
Why would the token pump if
people think they're gonna get it for free anyways just it's attention right people like
finally and then just like the token goes up with like good announcements and stuff i'm not saying
it's like a long-term thing once the airdrop hits you're right but like there will be a time during
that announcement and like two to three days where the token will go up because people are enthusiastic
that pump or he decides to market make the token higher because he knows people are going to dump
and he's trying to defend the price like preemptively to print you know what i'm saying
and give you a higher peak to jump off of so it's just stuff like that i mean it normally happens
with with unlocks or anything i mean every time magic eden is about to do an airdrop magic eden
token climbs right up to a dollar because i mean they know
you're going to dump that shit all to hell again right it's just market making moves yeah 100
there's that thing you're just talking about just a few minutes ago it's called front run pro uh
it has launched a wallet history a tool that allows users to track every wallet mentioned
on crypto twitter helping improve transparency and verify activity linked to public figures.
So that's kind of what you're talking about, Chief.
It's like you went on chain
that actually these people are talking about
are actually using the product.
So Front Run Pro has solved an issue.
We also have a new launchpad, Orca's launching.
It's called Wave Break that basically ruins bots.
So it's a first fair launch architect
built for humans, creators, and traders. Believe it, here's the new launchpad for Solana. Not
going to read it for you, but it kind of eliminates anti-bot technology. Permissionless token creation
points program for pre-graduate tokens and graduate LP rewards for creators and daily rewards. So
if you are kind of sick of getting sniped, these tokens getting sniped, it looks like Orca has created some kind of contract to prevent that, which will probably be taken and added to a lot of these other ones.
And then I'll let you go, Chief, but Shrapnel basically announced migrating to Go Gala Games?
It's a strategic move that enables our global launch and reflects our shared vision.
shrapnel, talk of the town,
pay all the KOLs. Tony went around fucking paying everybody to talk about
his product. There was a big lawsuit.
It went to fucking shit.
It was on AVAX, and now they're
moving to Gala Games
because it enables
global launch. Like, A avax doesn't enable global launch
they have one of the biggest games and uh off the grid over there so it's kind of weird it
definitely seems like the people that pay for kol marketing is just kind of uh it's faux it's like
it's not real it's like you saw ftX last cycle pay all these YouTubers and Twitter space hosts to talk about FTX.
And it's the first exchange to collapse.
So it's like if you have a lot of money for marketing, it means you don't have organic community and people actually using your product or care about it.
So when I saw kind of the KO deals going around for shrapnel and then the lawsuit, I was like, these people are in deep trouble.
And now they're moving the Go Gala games, thinking that's going to revive them.
All it really matters is if you're gum if your game's fun i mean gala was a thing last cycle for music and shit but no one i mean gala tokens down only and
no one really uses gala anymore right i mean you had big players on there on the music side of
things like sony and all that but now with those mfers coming out with their own chains i mean once again kind of make these guys useless um i posted uh something up
to the top just as we wrap it up uh one shout out to miyagi yesterday he came up and was talking
about the ethereum os uh more or less explained a little bit about creating a tweet if the
tweet registers goes viral or whatever the requirement is they DM you a code we
brought it up on the show when he brought it up on the show I told you
guys it was roughly at around 300k market cap I ran up to 2 mil 2.3 mil and
is slowly climbing, right?
People are participating.
It is a little bit harder now to get your actual tweets recognized, to get a code itself.
You still can participate, but this is seeming almost like a kind of like a Laudio situation, right?
If you're able to do that tweet day one, if you were recognized, if you received a code,
able to do that tweet day one, if you were recognized, if you received a code, that code
itself is worth roughly about $1,500 now plus, right? And all it took was a little bit of
curiosity and tweeting some dumb shit. So stop fucking sitting here trying to curate and preserve
and do X, Y, Z, right? I mean, stay curious. That's why we're all here. That's
how we got here, right? And then just move with that kind of curiosity as you're trying these
new protocols out and experimenting. So free money, literally free money over a grand, basically rent,
depending on where you're at for a couple of tweets and shit. So I thought that was pretty
cool. The Ponzi itself, the game is still somewhat cooking. People are still trying to participate, right, and still doing tweets and that.
So maybe more room to run on the token itself.
It was sitting at 2 mil.
And yeah, that's it.
Once again, I mentioned this yesterday.
You can play this two different ways.
You can buy the token.
And just as people are playing the Ponzi, the token continues to go up or whatnot,
or you can tweet and actively have notifications on do that whole nine in order
to try to get a code and just get your free money that way.
So whichever one you want to go to, right? Think about it, that,
but two ways to play. And I mean,
you could have made money yesterday by just
buying the token and selling it when it ripped so 100 and i guess the last thing was moon it which
was that thing that meme land and a bunch of these projects moon pay solana nine gag all kind of
jupiter of all repeating trading memes will never be the same enjoy your last day in the trenches as you know it so moon it another launch pad
meme mint moon creators earn forever with daily rewards supported and just a lot of people are
retweeting this jupiter meme strategy moon pay deck screener nine gag meteor a char meme land
just all kind of interested in what's going to happen with this one so this is going to happen
tomorrow i don't know man some of these uh first tokens on these launch pads typically do pretty
well and if you have a lot of these people basically promoting it it could have some
validity so i would put notifications onto this see what tokens are created over there
and uh yeah it does it for us i'll leave it here chief to end the show i will see you guys
on the foundry tomorrow yeah it's all good on tomorrow
show okay thanks appreciate everybody that came out to the tda appreciate emlo for coming up
contributing everybody down there that liked retweeted commented shared the space uh means
a lot to us even if you just wrote it out in silence being a a user you know i'm saying i'm
gonna start calling you guys some junkies because y'all just be using people.
But it's all good.
We're here to be used.
We're here to produce, help you guys get out of the trenches, right?
That's what we're all trying to do.
We do this Tuesday through Saturday, 11 to 12, 1230 Central Standard Time,
just depending on the conversation at hand and the guests.
There will be a thread that goes out after the show is over.
Show Allison some love.
It's how we get new opportunities and continue to expand the TDA.
It covers everything that we talked about on the show.
So when you're doing your own research, you can have it as a resource.
It's TDA or Stay Poor.
You guys be safe and have a good day.
