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THE DAILY ALPHAβ»οΈ
Recorded: Aug. 21, 2025 Duration: 1:17:40Space Recording
Full Transcription
Thank you. Yo, what's up? What's up? What's up? Welcome back to the Daily Alpha. It is August 21st,
2025. Appreciate you guys stopping by the show. It's a show Tuesday through Saturday
from 11 to 12. This week, we will be going Tuesday through Friday. So you got one more
show after today's show with us this week.
Allison's thread is pinned up top.
We would love for you to participate with that.
We gave away a BitX Nerd Miner, which is over $500 worth for just interacting with that thread in the past week.
So, man, it doesn't hurt.
It doesn't hurt to give a little like or a repost or just a comment saying, hey, thank you, Allison, for doing that.
Also, you guys can like and repost our shit,. I guess, okay. If you like the show,
like the space. If you don't like it, like the space. It's fine. We appreciate any kind of
support throughout the years. We wouldn't be here if it wasn't for you guys. So appreciate all that.
Obviously, we had some big shit happen last night. Plus, we have a Jackson Hole meeting tomorrow.
As closer and closer we get to this fucking Fed meeting, the chances of us getting a rate cut drop.
You know, we were at 84% yesterday.
We're down to 75% today.
So you can pretty much line up the percentage here of a rate cut based on where the Bitcoin price is going.
So it's pretty interesting.
We just got a few things just with the Federal Reserve in general. Apparently, this woman named
Lisa, Lisa Cook, I guess she's been yesterday during the show. She got a criminal investigation
put in her, which she's a for a Fed board member.
And she's looking to get fired because she's doing some corrupt shit.
So what Trump's doing is like if Jerome Powell
isn't going to do what I say, well, I'm just going to fire the people around him
and make it seem and then appoint people that are Trumpers
so we can get this bed rate cut.
So I know two weeks ago we had another one drop out
and then he appointed kind of someone
that helped him with Mar-a-Lago, set up Mar-a-Lago.
And then this Lisa Cook,
which is also apparently on the other side of the aisle,
seems to be a criminal investigation into her.
And if she gets fired, then Trump will appoint someone else.
And you know, the last meeting we had in July,
we had two descending governors was the first time in 30 years. Well, you know, the last meeting we had in July, we had two descending governors
was the first time in 30 years.
Well, I would imagine we'll have three
because we just appointed a Trumper into the next one.
And if this woman gets fired, we'll have four,
which has never happened before.
So if Jerome Powell isn't going to do what Trump does,
then he's going to have the people around him
basically pressure him to doing it,
which doesn't make me that bullish
into how Jerome's going to speak tomorrow. Like a lot of people are hoping that he's dovish.
I pinned up a chart, you know, the other day where we always dip on this, regardless of what
he's talking about. And maybe we're just front running this news based off kind of just like
how fast news gets to us and how fast it gets put into the market and priced in. But, but we might
have a little more dip in the go here based off kind of reading the tea
leaves that Jerome might be a little bit hawkish tomorrow.
And then you have some people inside the government basically suggesting that, what is his name?
Fed member Hammock says she doesn't see a case for September rate cuts after recent
data.
So then you have some people saying, we don't even see a rate cut in September, which that
has been pretty much priced in to the market at a 75% chance.
It's pretty good.
And it was at 98% just a week ago.
So kind of getting this percentage of rate cut based off, and then the lower it gets,
the more frugal and more fragile the market looks.
So this is something that everybody's looking in, the pricing in this, if this is going to happen or not.
And that's kind of showing up on the ETH price or the Bitcoin price.
So definitely interesting to be alive, man.
That's what everybody's talking about.
Obviously, it sucks that we have to pay attention to what the Fed does for us to kind of continue going on in this space.
But that's ultimately what's going on.
I got a chart here basically showing the BTC is oversold here.
This guy basically is kind of showing RSI, Relative Strength Index.
And each time we hit this area, it is a bottom for Bitcoin.
So we got that going on.
And then yesterday I was saying, like, I do think that we need to sell off on Bitcoin
and ETH needs to take the lead here if we are going to get this altcoin season.
Because Bitcoin dominance has been leading the way for the past two years.
If we're going to have any kind of altcoin season, we need Bitcoin dominance to kind of drop here, right?
So you'll have this ETH BTC chart.
Well, I mean, when Bitcoin dominance drops, then you go into ETH season, right?
And then after ETH season, and then you start getting ETH proxies and ETH adjacents start to run in tandem with it, right?
Or things that go along with Ethereum, like ENS, just stuff like that too, you know?
Yeah, it just leads to just altcoin season is when you have ETH outperforming Bitcoin.
And this chart is in a descending triangle here.
I've been using this as resistance.
We are on the breach breaking out of this, or we can just be in a range still.
But yesterday we did see the strength of Ethereum. We saw it being bought up more than Bitcoin
yesterday during the latest bounce. And this chart is kind of showing you that we're at a
resistance level. And if we could break through this resistance level on ETH BTC dominant or the BTC pair,
then you kind of see the first beginnings of what we want is this altcoin season,
which ultimately is going to be spurred on by this first rate cut because it's making me more and more confident that this first rate cut is not going to be by the rumor sell the news since everybody's looking at it.
It feels like this is going to be the accelerant to push us into October and November.
So that's something that's going on.
Obviously, it sucks that we still have one more day left of this.
I don't even know when Jerome Powell speaks on Friday.
Hopefully, it's at the end of the day so we can all capitulate our bags even more whenever ETFs don't go live.
And we've actually had ETF inflows were huge last
week. I think we had over like 3 billion ETF inflows on Ethereum. And I think it was about
500 million on BTC. We've actually had negative inflows for the past like two days. I think
yesterday we were negative like 400 million on Ethereum. So that's when people are selling ETH.
I think it was like 200 million for BTC,
which aren't huge compared to where we were last week.
But we are starting to get these negative outflows
in the ETFs, which is kind of like the spot buying
that we need to kind of continue to go higher.
So a lot of stress in the market,
a lot of people capitulating, a lot of nerves.
You can see it in the chart.
And then you got Kanye, bro.
And then you got the Kanye, bro.
What do we think?
Was that AI generated?
A lot of people are saying that.
They asked Grok if that was AI generated, and they said that it was.
Yeah.
I mean, he had the dead eyes.
He was staring at it like he was either reading something right in front of him, you know?
Like, it just looked a little sus, bro.
Yeah.
And then it's like, what are the chances, bro, that fucking Hayden gets his $57 million, his $60 million?
You know, like, yeah, we talk about it.
That's what everyone's saying.
But it's like, bro, I mean, shit it couldn't be more blatant you get your money and then the
same day you get your money someone like of your caliber launch and with the same thing of same
style same signature uh no no lp 100 the whole same signature all over again comes out and you
just want us to pretend like it's not you like we don't know that you just got your money
wow you definitely sold his account right crier like we already saw like the bark thing
yeah yeah like a while back it was like june right like june something i saw someone post
that too that i mean something to keep in mind right they're like look you really know if this
shit's real or not if it makes it to the Instagram like they'll burn us
We're nothing. We're no one. We're a small sector half of the people hate Elon anyway and all that shit. So
Instagram though, they're not gonna burn those millions of followers. You know, that's none of that so
And then what are they gonna do and even if it does make it to the Instagram because we've seen sahil pull those
Until it makes it to the Instagram and then what are they gonna do? And even if it does make it to the Instagram because we've seen Sahil pull those
It's gonna be one of those hold your finger on the screen because it's gonna vanish from the story and write down the contract
Address right. It's not gonna be posted and sit there and be like, hey, this is the new way to participate in easy cat
So, I don't know. I think that that someone took advantage of the fact that he has the pay in crypto on his page
Yeah, I mean big big doing a big Chicago wrote a whole fucking thesis and thread and not to say that he has the
Aluminum hat on I mean, but he does but it's some of it makes some sense bro
like you're sitting here and you're like, okay, I mean
We can either be very very wrong or we're all right in you're very very wrong you know yeah sorry i'll
post that thread up to the top for anyone that's interested in kind of trying to go the opposite
direction of this isn't fake this could potentially be easy in the team because you can go check for
yourself pull up easy.com click on any of the close and one of the options on there right you'll
read it's pay with your credit card. Option two is USDC Solana.
So basically validating that Solana is a blockchain of choice.
And then option three is Yeezy Crypto to be determined or coming soon.
Yeah, coming soon.
That thread was actually pretty good.
Like, I mean, he did present like a bunch of, but like what he said too at the end too was like,
do we actually give a shit about like the, his brand though?
Like his clothing brand, is it gonna, is it gonna be enough to move the needle?
You know?
It's just out of touch.
And I'll get to you in a second, bro.
Like, it's just like, obviously the money in here is just trading hands with, you know with crypto relative people. And having this coin drop on a Wednesday
as the market is fluctuating with Jackson Hole
isn't the best time to do it.
So it definitely feels like an opportunist thing
that has been planned for a while.
And Yeezy is very, very influential.
And the fact that this was only posted on Twitter
and not all socials just makes it feel like,
all right, this is supposed to rinse the crypto.
Real quick, real quick. Sorry that before we get lost in just conversation for anybody that participated in the Alice Keys, right?
The Cerebro that meant minted out instantly.
Trading does go live now that it's at Mintout.
So just be on the lookout if you want to participate on Secondary
or if you're trying to sell some of your bags.
Yeah, just wanted, as we get into conversation,
there are plays and money being made.
So don't get lost in thought and miss out on a pump or something if you need to.
Go ahead, Carl.
Sorry about that mute button.
A couple of things.
So it was a secondary device that had access to Kanye's Twitter account that was sold.
And it was sold by somebody in his previous management.
It wasn't the actual account
because once they found out,
they just removed that device
from having access to the Twitter account.
Also, the deployers of the contract,
like the people that did the contract
with the custom address and all that stuff was click uh which is a company
that's funded by olaf and uh his business uh which is probably like capital not to cut you off kuro
but you're saying a lot of the stuff that's in like do a big Chicago's threat. So a lot of that stuff is actually like somewhat true or can be true
Well, it is true
Well, like if you go and you actually like look at who the deployer is right
It like literally ties back to them
And like obviously like there's a bunch of other people involved that are, quote-unquote, the token launch team or whatever.
Pingu had one of the guys that's involved in that on his, came to his space last night and then gave a very vague admission or whatever but like you could just tell like you could just look at the guy's
twitter page and know like he just launches coins for a living that's like if you want to call that
a living and it just shows me that this market is there's and you know who he's affiliated with you
guys mentioned the person he's affiliated with i just don't say voldemort's name because i don't want to end up with one of those ugly ass
sweaters yeah it just shows you that what that coin could only go to three billion and then it's
below a billion in less than 24 hours just shows there's no retail here no retail at all we're
just trading money between ourselves it wasn't a great launch i mean if this
was a true launch and then we were actually in a bull market this would go to 10 billion plus so
retail's not here we're just trading hands and a lot of people got cooked bro because a lot of
people on the sideline i mean you saw people that don't normally i mean i saw arthur hayes out here
posting post-mortem like yo yo, I aped Yeezy.
Let's do it.
And then woke up this morning.
He's like, worst decision ever, not going to the trenches.
Yeah, you don't go to sleep with that money.
How do you go to sleep with that?
New people try to participate, and they also got cooked.
And this is kind of what we were talking about.
These onboarding events are good when the vast majority leave with a good taste in their mouth.
When most of them get burned, I mean, it's over.
Like they're not going to dabble in trenches for a very long time.
It's going to take someone of Kanye level again, you know, another Donald Trump or something, even consider looking this way.
For sure. And here's the other thing.
Like you got to think about the timing in terms of like current. Everybody keeps saying it's crime season. You wouldn't launch this when Biden was in office because the SEC guaranteed would be hitting you like a weighted blanket. Now, maybe, maybe not.
Maybe, maybe not.
So all the more reason to be skeptical and discerning about things that launch because I think people right now feel like they can maybe get away with more.
Right.
And this was clearly like there were definitely there was definitely some malfeasance.
Right.
In the launch of this token, like a lot of forensic mouth reasons and every token launch
every single token launch name one token launch where the people behind the token
didn't absolutely just on chain rape everyone i i take your point man but i mean you know like
you can't like nobody can this is like this is, you know, that's definitely a valid point.
I think, you know, this is like a cupcake with three times the frosting.
You know, this is triple dirty.
So, you know, if you're going to play in those waters, just, you know, don't expect to come out clean.
You guys do realize this is gambling, right?
Like, when you go and you buy a meme coin you're like literally
in the sky casino like eat like none of us know whether any of this stuff is going to go anywhere
like people have like all types of like different metas that they try and speak about
oh this is an ip token this is a a culture coin, even I'm guilty of it myself with, like,
Mog and stuff. Like, I know that.
You know what I mean? That's why I don't, like...
I actually have my investor hat on, Kuro, for this token.
It's not the speculative hat. That one's for some other tokens later.
But this one is a good investment.
That's another thing, too. I mean, do you know?
Are you an investor or are you a speculator, right?
Half of these things that we're doing is a combination of the two, and it's an educated guess. that's another thing too i mean do you know are you an investor are you a speculator right half
of these things that we're doing is it's a combination of the two and it's an educated
guess but that's what it is it's an educated guess what if i say that we're all investors
in like bitcoin ethereum solana but we're all just gambling with everything else because that's what
it kind of feels like
we're trying to build our bags up because those don't move up quick enough for us to
make it out of this uh get rich right so yeah the investor trying to outpace crypto right i think
that english said it the best yesterday that was a very good phrase in that sense of i mean you're
trying to outpace the normal rate that crypto's adoption and growth is, which is already tremendous.
But at the end of the day, most people here are trying to change their lives, not just enrich their lives.
Right. And I think that that's the biggest difference, too, is freedom comes at a bigger cost than just adding another watch or another chain or, you know, some new furniture.
I think there would be an educational part
that Yeezy could heavily use.
Obviously, the Trumps are using it
with their World Liberty Finance.
You saw that USD1 was live on Coinbase today
and just kind of Yeezy,
regardless of your views,
has been debanked.
And that is something that maybe
would be better use case
than dropping a meme coin
is educating people on cryptocurrency
and why it's decentralized finance instead of just launching an extractive meme coin
that you're going to ruin your name on in the trenches.
So, I mean, there are reasons why people get in crypto.
And a lot of it has to do is like, OK, we're not going to deal with the same systems,
the same institutions, the same banks.
If I say something that's not deemed correct to a certain people,
I could lose all my money in
the banking system i think like that would be better use case of his time and his experience
in the world than dropping a meme coin that no one actually knows what the fuck it does so
they can kind of miss the ball here and miss the opportunity to actually onboard people
and now he's just going to ruin his name and just ruin cryptocurrency because a lot of these people
are going to see this as under a billion dollars and just another logan paul celebrity meme coin
extraction event so can i can i propose to you like a thesis that was brought up by uh chicago
when we spoke to him yesterday quickly of course girl okay sweet so he has this thesis that um
they're not the reason why they have 90 of it locked up or like just separated
apart is because he wants to try and incentivize people to buy his clothing by giving them this
mystical token in response to making a purchase with fiat so like this would be kind of your reward for purchasing and then you
could it'll eventually like phase out the actual dollars or no it would just always remain as like
reward bucks kind of thing yeah it would always remain as kind of like reward bucks like what g
money did with 90 cc have like maybe like a nfc chip in it that you can scan and get yeezy token out of it or something
yeah yeah exactly arbitrage like if the if they say all his clothes cost 20 bucks and say that
the yeezy token that's locked into the brand is 30 bucks you create an arbitrage of getting your
clothing selling something like you see with the solanophone or the rec drinks right so that'd be
a good way to sell clothes if you put more money into the clothing that's actually what the clothing
is worth that's true but yeah if voldem that's actually what the clothing's worth that's
true but yeah if voldemort's really behind this do you see that happening yeah uh no you know
you have to understand too is voldemort is not like uh is yo i'm gonna be straight up with you
guys this guy's been behind a lot of launches, right?
Oh, for sure.
I don't know if you know about the Haydens in general, but I mean the Davises in general.
But Haydens, that is a boogle, right?
And this is kind of like a launch contract.
And like, this is kind of like a launch contract.
So they're probably hired through a third party outside of Click to help with like the launch.
I mean, if they're smart, for sure.
You don't want that stuff tied directly to you.
Like Olaf is very intelligent and sort of the people at Click, right?
And that's why I'm kind of assuming there there's a couple different
parties because like uh the one dude that helped with the launch and i'll i'll send uh espresso
in chief some screenshots i just can't send them out publicly um but like yeah i you know me i
I, you know, me, I, I can't let things rest, man.
I don't sleep right.
So I just, I gotta know.
But yeah, those people are very intelligent.
It's just when you have marketing companies and stuff helping in the crypto space, they
are very unscrupulous.
You know, most crypto marketers are just scammers.
Yeah. Most crypto marketers are just scammers. Yeah, and I mean, I guess to put a period on this, unless anybody else has anything to say, like, you know, I think it really underscores the importance. and giving counterpoints and talking it through so that you have some idea of what you're getting
into before you just start you know putting your capital in a t-shirt gun and and shooting it out
into the void like i know it's a weird analogy but give my point like stay educated like gamble
if you want to gamble you know like i applaud anybody that made money on Yeezy, you know, like good for you. But a lot more people, you know, were the liquidity extraction.
So it's good to stay educated.
It just makes it, it's weird that they launch it on a Wednesday and not a Friday.
And it makes me think that obviously what's been hinted at happening is actually Ericic trump launching his world liberty finance token uh
sometime soon it makes me feel like they're just trying to front run that because they knew it was
coming and you saw today the usd uh one was officially live on coinbase and a lot of people
are speculating that this world liberty finance token is going to be coming uh probably in short
order after this happens with this uh kind of happened i was looking actually on whales market where you can trade the
token price and the token price is up to 20 uh 23 cents um so basically the only way that you can get
into this is actually going on whales market are participating with this and buying it on
whales market actually to 34 cents so it's doing pretty well. If you guys don't know what's actually going on here,
it's basically World Liberty Finance launched a USD1. And unlike Tether and USDC, USD1 is
directly tied to Washington via the Genius Act, backed by short-term treasuries and marked as
the first Trump-backed US-regulated stablecoin. It already has the sixth largest stablecoin with $2.4 billion market cap.
Early rounds were at $0.015 and $0.05.
Now trading at $0.34, which is a 10x,
which means that $7 billion in paper gains for early investors
would probably create some sell pressure.
Like I said, you could buy World Liberty Finance through like Whales Market, or you can buy Aave.
Since it gets 20% of World Liberty Finance's protocol fees
and 7% of World Liberty Finance's supply,
potentially worth billions at current evaluation.
So I'm possibly seeing, okay, if I don't want to buy on secondary,
possibly putting maybe a leverage trade on ave because people are going to want to get these fees and get this 20 so they're going
to have to buy ave to do so so maybe looking at maybe opening in a long on ave would be the best
opportunity unless this is like a free stealth mint like trump coin where they just throw it on
the timeline and everybody can just ape it, right?
But you've already seen like World Liberty Finance
is up 2% on the day.
I think people are starting to get ahead of this curve
and thinking that this token
is going to launch relatively soon.
You see the price on secondary go live.
You see Hayden and them launching their coin on a Wednesday
because they know it's going to go live.
You see the USD1 on Coinbase is now today.
So I would imagine that the contract goes live tomorrow.
So I think the best easy thing to do is buy Aave spot
or you can leverage trade Aave
and basically expect people to buy Aave
so they can get a percentage of the fees
of this World Liberty Finance token,
which maybe also would be a play
is short Trump coin or Melania coin
because people think are gonna use this
as another Trump token that is like diluting the total market cap of the Trump. be a play is short trump coin or melania coin because people think are going to use this as
another trump token that is like diluting the total market cap of the trump so i think longing
ave buying of a spot are shorting melania or trump coin could be a play here if this does go live
other than just aping the ticker if they do throw it on the timeline go ahead kiro hey did you guys
see the announcement from metamask that's what i was
going to lead into next because i've been because world liberty finance was the very first token to
actually do an airdrop of their stable coin and now with the stable coin business act we saw metamask
basically launch their their are going to launch their musd, uh, their MSD stablecoin. And I've
been suggesting that instead of launching mass token, they're going to airdrop people stablecoins
in the future. And, uh, I was reading the fine print and I posted it this morning
about how this isn't going to be used for yield. I'll pin it up top.
It says, when asked whether the company plans to offer rewards for MUSD to deposit to customers,
Mattel responded, currently MUSD will not offer yield directly to users.
However, MUSD could play a role in future incentive programs within MetaMask,
which makes me think that there will be no MAS token.
Now that they have a stable
coin, we've already seen World Liberty Finance drop stable coins as an airdrop. You're going to
start seeing stable coins as a way of an airdrop mechanism that's stable peg one-to-one. So your
34 points will be $34 USD. Your 34,000 points or whatever, your incentive program will be $34,000 instead of having a token that kind of gets nuked 90%.
And so kind of seeing that when they say incentive program, I don't know if it's now going to start with something like,
okay, do these tasks and earn points, or if this is going to be something where they use like XP rewards
or actually look at your MetaMask history
for the past four to five years.
And then they're going to airdrop this MSUD token
as kind of your airdrop incentive.
So yeah, they say incentives right in the article.
So it makes me think that this is going to be
the mechanism that they do when they do do an airdrop.
It's going to be the stable coin.
So got to read the fine print there.
It's not used for yield,
which I thought that would be something they're using.
And obviously they've been talking about how they're going to announce more things in the coming weeks.
So I think this is just kind of the first draw out.
They talk about how this is going to be connected to their MetaMask card.
But I would expect some kind of airdrop or maybe reward XP program announcement probably in the next week or two with this one.
So you're starting to see stablecoins used as a way to airdrop people and not actually a token anymore which i think is
probably a more healthy way to it's nice right your protocol because like yeah that's nice right
because like if you get airdropped a token and then the price crashes and you're not aware of it
and then you circle back and find out that you have it or you miss that moment.
You've already, like your assets already depreciated, but you still owe tax on the
full value. So that's always a bummer, right? And then it's just a question of like, and sometimes
you feel like you're being smart and you sell it right off the bat and then you watch it pump.
And that's a heartbreaker so getting a
stable coins as a airdrop actually feels pretty good because at least you know like it's a state
like it's a constant value you're not worried about you're not worried about upside or downside
i like that yeah but i think that the issue with that is transparency, right? And we mentioned this on the show. We want transparency as participants, but corporations that prey on their users, the last thing they do want is transparency, right?
I mean, they win from the fact that you forget the dollar value of a star or the conversion rate for Starbucks bucks or whatever the fuck, Roblox dollars, right?
Starbucks bucks or whatever the fuck Roblox dollars right and so that's where a lot of this
money comes from is not only expirations of gift cards and stuff like that but it's also
the disconnect of monetary value with this reward system that's why certain credit cards or all
credit cards are different right well one credit card gives you one point well how much is 1.10
cents here well over there it's worth 25 well with, it's worth 33. So to you, you can give two shits less, right? They're
credit card points. And so you're less likely to focus on the actual dollar amount attached to the
point than you're not, right? And I think that that's for us we want this transparency we want to know
what we're getting how we're getting it they don't right this is probably one of the worst moves for
them going forward is because they're gonna have to be actually transparent with hey we gave away
this amount and people are going to redeem it right which is different but yep that's what's going on with the metamask thing obviously in the post it says
in a few weeks you'll learn more the stable coin doesn't go live for a few weeks so
maybe the distribution will be getting airdropped to people that have like previous history and
shit like that allison you came up here um you don't come here for no reason do you have anything
on your mind feel free to talk about whatever you want i always have stuff on my mind um so chris mentioned in here the other
day that uh jonah's token on base blue had like uh forex off the bottom um and i speculated that's
because like the um the service the clipping service go, well, it's not a service, but the project itself,
the AI portion of it is going to go live next month. And he made some announcements. He's been
announcing like the past couple of days, he's been announcing partners. Last week, he put out
that waitlist form, inviting various projects and other creators to sign up for the waitlist.
projects and other creators to sign up for the waitlist. So this week, he's been slowly dripping
out partners that they're going to be launching with. And it looks like they're going to take on
there's a service. I don't know if you're not a clipper. You might not have heard of it before,
but it's called WAP. And I think they're like the main clipping service out there that streamers and projects go through.
And it looks like he wants to take them on directly.
So I'm pretty excited.
I signed up for the waitlist last week because I'm going to start streaming on Abstract.
And I do want to try clipping, but I could use some AI help.
So I'm really curious to try this set of tools out.
So I'm really curious to try this set of tools out.
If you're a popular streamer now, you can apply to the waitlist and get the service for free in the beginning because he wants to get it in as many hands as possible.
But if you're just the average creator like me or just trying to get started, you can sign up to the waitlist.
And if you sign up for the service, you're going to be like grandfathered in at like a steep discount.
So I would keep an eye on that.
And I would keep an eye on the token as well.
It's like down 50% from where it was earlier in the week.
But if you're betting on this project like I am, it might be a decent entry.
But it is up, you know, since the bottom.
Can you pin something else?
Yeah, sure um i'll pin
in a minute i also wanted to mention excuse me openc yesterday i'm sure everyone saw the
announcement on openc that you can now pay for nfts with tokens um like the majors and various meme coins but what i found particularly interesting about the promo
video for this is that nft project on abstract that we all minted for free and no one really
knew what it was the boomies like how exactly did this free mint project get in the promo video
for openc no one really knows but it did pump um i mean i say pump but they're they're only like 0.03
something on abstract but it did move the price and for a project that came out of nowhere like
the price has only been going up so i don't really know what this team is doing the boomies
but i'm still holding two from the mint. I think we minted those last month.
Was that when it was, Chief, last month?
Pretty sure.
Yeah.
Yeah, I'm still holding those.
Might be something to look at, but I'll start pinning some things.
And I have some other things, but I'll let someone else talk.
Yeah, I just think it's interesting because we saw the Solana suggestion yesterday,
and then now it's any token.
So you can buy Pingu, use Pingu or any of your shitcoins to go buy an NFT on any blockchain.
And then you saw the kind of remnants yesterday of Udi, which has been helping Adam and the team put ordinals on there.
And that's what we discussed yesterday.
It'd be interesting that I could use Pingu to go buy a Taproot Wizard in the future.
And that kind of frees up a lot of things
that can actually be doing.
I was like, okay, if you could use fungible tokens
to buy NFTs, are they going to reverse this
where I can use NFTs to buy fungible tokens?
Or I can definitely see them adding
a centralized limit order book here.
And maybe I could use my NFT as a way
to do a leverage trade on a token, or even maybe even take out collateral and maybe a loan out with an NFT.
So kind of opens up like what's next with this.
Chris Mattern is basically saying they're swinging for the fences in August.
And you're starting to see that the small little updates this week.
I don't imagine you're going to start.
They updated their candles and their token pages.
I think they're revving up that they're going to be announcing perpetual trading here by the end of August.
And I wonder if we'll be able to, I think it's just pie in the sky.
I don't think it'll ever happen.
Maybe I'll be able to leverage trade in a tease in the future.
Maybe I can long and short if Pingu price goes up or even long and short if a pudgy penguin goes up in price.
But that's a lot.
That's very pie in the sky.
I don't think that'll ever happen.
But OpenSea, definitely looking in to get an ordinal soon.
And now you're seeing kind of them moving the tokens.
And you're probably going to see some kind of way to leverage there on there by the end of the month, in my opinion.
Which is going to lead up to an OpenSea airdrop probably in September, October, in my opinion.
So pretty interesting times.
Got two little like MetaMask and OpenSec kind of hinting at doing their airdrops
here relatively soon which would be good for the ecosystem and obviously everybody's looking at
abstract also by the end of the year so and then pump dot fun obviously so you got like maybe three
or four here right coming out of the woodworks and actually kind of rewarding people for using
their product in the upcoming years so how is this cereal bro doing on secondary chief i saw it minted out
is it above um 0.08 let me yeah yeah it's at 0.12 or so so that's a pretty much almost a 2x
a little under 2x it's probably about like 150 bucks over almost 200 but i mean once again a
lot of these stuff is kind of like that layout that
we've been talking about i mean you're the bots are providing bundled nft launches right i mean
if you're already used to bundle launches on tokens i think that the same concept applies with
jpegs right even more so because you have to pay more money in order to get your bot or mass mint
and so with this bundle or with the supply control um i mean they're down bad if it goes under mint
they're down bad if it goes under a certain threshold right i think on average for you to
have ryan ran and hit it wasn't too much in the gas section, right? But you're looking at at least
0.17 for two, right? So that's the thing about it too. You got to look at your margins. So I think
there's roughly a little bit over 1,000, 1,500 that were fully bought it. And so that's 1,500
that are going to be supply controlled and slowly drip fed onto the market and ultimately there'll
be big sell walls there'll be you know just fluctuations in that end so you're gonna you've
been able to get in on these little dips if you want to scoop one up for just slightly above mint
price too so you think it goes higher and this is just something people are just gonna move on to
the next one because we had jpegs i think we're we're hitting point two i think it'll hit point
two on it you know just with the amount of attention and just money that they have to deploy i don't
know if it's going to be some of this the craziest cook ever but i think that mentors will clear a 2x
here soon yeah because jpegs was all hyped they only got up to 0.01 and then it's down to 0.004
a lot of people are like what the fuck's going on they have some like these golden rarity boxes i don't know if those they're gonna launch a coin i don't know what the fuck
they're doing and then uh mellows yesterday i think it was called malos that seemed to be a
mint that did pretty well uh yesterday too so is that the is that all that's kind of on the
docket for today or is there any kind of mints that you're looking at to kind of be an undercover cook
i don't think that malo's thing was kind of anything anybody saw
coming and that kind of was a good little mint out i mean it was on uh open seas front end right
it's been sitting there for a while and then also on that note too um like that that artist isn't
new once again we're seeing it as the artists that have been here for cycles finally getting recognition for their work
finally being able to sell out collections right and i mean that in the the most positive way
of just time in the gym taking shots and finally having a chance to then go and you know do some
difference so yeah that's all that's ultimately what it is and i saw dingaling swept the fuck
out of him he's been back he was someone that i remember uh captain dad pants was in a group check back in 2021 and
he was kind of the main facilitator of a lot of these big sweeps and some of these collections
so you're starting to see x copy come back start to see dingaling come back basically sweeping
collections to all high hell so he swept those nodes too on base probably two weeks ago pre-reveal. And so that shot the price up from like 0.02 all the way to 0.07.
So yeah, tracking these wallets, seeing where these people are getting into is being more
relevant these days because you definitely find some like little two to three X's when
no one's paying attention.
But go ahead, Allison.
What's up?
The other day I mentioned that Ultra was working on that new launchpad.
So like, I think he's just helping out with it. It's not actually his project. But that account, GoBlind, they tweeted
out an hour ago that their launch article comes out in 24 hours. And it looks like it's going to
be a social capital launchpad, leverage your social stats, eight blindly and win. So that'll be interesting to see if anyone's going to even pay attention to
that. I'm assuming people will, the space is full of gamblers. So,
but speaking of ultra and I see that
bread is an audience,
but it looks like the project that he's been working,
that ultra has mainly been working on is going to be coming out on Mega ETH.
And it's called Probably App.
I don't know if anyone has talked about that here before or not.
But on August 14th, he wrote a pinned post about it.
And it's just very basic.
Details will be revealed when the time comes.
But it's accelerated by Mega mafia of course so be on the
lookout for that and you can follow the account it's just called probably app i'll pin all this
stuff up uh and lastly i wanted to mention another abstract thing um everyone has been holding those
monsters capsules or you've been staking um. Some people. Looks like that game's actually going to go live on August 28th.
They announced it today.
So, yeah.
They tweeted that about an hour ago.
I'll pin everything up.
Appreciate it.
Yeah, so Ultra's involved with a lot of shit.
I think he was even helping Heaven Dex with their back end.
He's doing that Mega E.
I think he's part of the probably thing you just mentioned on Mega E. He's involved with that one. He's doing that Mega E. I think he's part of the probably nothing,
the probably thing you just made on Mega E.
Like he's involved with that one.
He's involved with the go blind thing.
I think he was, was he in,
there was another thing that he was involved with,
like that Brintech thing.
I don't know.
This dude's a fucking,
you know, what do they call this?
Vibe coder, like a motherfucker, dude.
He's all over the place helping people out.
So we'll see how it goes.
Cryer, you're into abstract.
We just talked about abstract.
Are there any kind of abstract alpha that you have?
I saw that Proof of Play yesterday had like an update.
We were talking about that with Chris yesterday.
Just Proof of Play API is now live today.
We're excited to introduce a new Proof of Play Marketplace API starting with Pirate Nation. So starting to see kind of this on steam that luke is talking
about where all these people could build their v their vr range thing they're you know such an
infrastructure um no definitely kind of interesting thing for sure um i haven't been too too much
uh going in terms of like since you know we said we talked last time but like
yeah i mean i still think that
some of the stuff that we've been talking about we had a little bit of a retrace across most of the
uh you know the most of the larger uh memes um so you know i think some of the good ones are still
still worth getting into i think like with this dip um and i think it also you know how well pengu do does is pretty relative
to uh kind of the ecosystem too so like we see pengu kind of retracing a little bit went under
three cents for a little bit back up to three you know 3.2 now back at three um after the easy you
know you saw i saw people just like eating their pengu and just writing ors i was like oh come on bro but yeah uh
on that sense you know same things that i've been kind of saying in terms of stuff i you know i'm
kind of excited about big still just doing what it's doing still grinding up still hit like a
dollar 75 yesterday so you know i'm kind of just have a lot of a lot of big right
now in that sense i've been watching that one a lot the there was a little bit of a
retrace on gugo that hit like 15 mils so it had you know again there's not that many tokens that
are above 10 even so that one had to retrace down to eight could be a good look.
If it, you know, we'll see how I would kind of watch it,
but maybe do a little bit on that one.
I haven't, I haven't entered that one yet.
So out of all the memes, that one like kind of ran off without me.
But yeah, I mean, again, like there hasn't been, you know,
too, too much on that side for me.
The proof of play thing, I mean, I feel like people were, like, been bullish about that move,
or, you know, on the timeline or whatever. I think, I mean, I don't know, I think they kind
of handled it, in my opinion, really poorly. I mean, they had, like, the founders, the pirates,
or, you know, essentially, like, essentially like oh just you can just burn these
for pirate token i mean those things were literally like an eth at one point so i mean like it just
kind of feels um you know whoops yeah we we weren't they always somewhat transparent with that
i saw inhumane's post and he was just saying that from the beginning a lot of people have been saying
that uh basically pirate nation was proof
of concept right i mean utilizing proof of play and the fact that you could make a game and that
it could take off and that it was never supposed to be like that's it right oh well this was our
first attempt it ended up being our only attempt and if you managed to get in you got in congratulations
right i think it was more so if it works it works
and then we'll try this again and then certain people you know either you were too too involved
or or you weren't right and if you were too involved too i think that you followed this and
knew that i think it got a lot of the passive uh free money people i think they're the ones
that got burnt the most you know or, or the worst, I would say.
Yeah, I would definitely agree with that. If you're not paying attention, yeah, you've definitely got hosed on it. You kind of bought some pirate assets and kind of chilled, but I mean, that's
pretty much across the board on any of these things, right? If you're not paying attention,
they're probably going to get burned. So yeah, I agree with that. But at the same time, you know,
I mean, that's a long proof of concept where, you they've been to you know it's been multiple years and again like you're
i don't know you're still selling assets that are like oh this is i mean i just i think not
supporting the founder one is kind of what i'm i know and again like you're saying yeah but
still it just seems you know kind of leaves a bad taste like oh we're just gonna switch
it's kind of like you know again like the did like the digi right yeah exactly i was going to say like as you mentioned yesterday
it's literally digi right i'm creating infrastructure for games and you're like
okay well what does that have to do with with the game assets and you're like well nothing
we got infrastructure for the game you're like okay cool but what about me
yeah exactly and i guess you know again like none of this shit was ever promised
and it's all been pure speculation so again it's you're in a space that's essentially you're like
a you know your own vc right like you're trying to you know that's kind of the beauty i mean i
think it's the beauty of the space right it's like ultra capitalism if you um get the right
things the right time you can just make absurd money so that's you know again like the risk
reward on a lot of these things is awesome compared to most other markets so yeah i mean if you're doing your
due diligence yeah i agree with you there um and again if you weren't paying attention yeah yeah
but like i'm not i wasn't i wasn't a huge participant with them ever so i'm not it's
more of just coming from like i don't know i just feel like i i just feel like a lot of other
gaming companies get like way more shit and then like they're like you know what i mean like i i just feel like a lot of other gaming companies get like way more and then like they're
like you know what i mean like i just feel like i don't know i just feel like there's a lot of oh
yeah got destroyed gonzilla games got destroyed like everybody's been destroyed on the timeline
for sure but i feel like they all get like a ton of flack and this one i don't know how this one
got whoever did their marketing or like how they were wording.
This did a really fucking good job because they didn't,
you know,
no one,
like no one's really that upset about it,
which I mean,
that's good for their,
for their people,
customers.
Right.
Too.
I mean,
like if they're happy with that,
then that's on them.
Right.
That's great.
And then for executing,
right.
That's great.
And that's,
and they have good communication.
Like you're saying,
like the,
you know,
they kind of executed it that way but um you know i just
think it's kind of funny just to see how like i don't know just how how you bring it out how you
talk about it and how you go about it uh really really matters because i feel like they're coming
off like pretty scot-free and i feel like a lot of their gaming companies have done less and got like reamed for it you know what i mean like so good job on their uh pr relations there chief
do you see the check uh check yeah i already got it bro this iphone is about to blow the
up bro it's hot as hell it's crazy but uh we got brett up here with some free mega eth something i don't know
just goodie bags from uh protocols to nfts thank you for coming up here santa i appreciate you
what's up mfers how you been when mainnet mfr i know it's coming we uh there's some internal
dates set uh privately can't sit can't discuss them but measured in months um not long
um yeah so i i just feel awesome i'm gonna shout out sorry um no no no you're good what's up no i
was just gonna say how are you guys actually feeling in terms of like things to do right i
think that that's one of the biggest uh i don't know not not to say downfalls but it's ultimately
that engagement with the the actual users you have, right?
The demographic at hand rather than the proposed one.
And I think things to do falls a lot into that category, right?
I think euphoria is great.
And just stuff like that that can actually capture mindshare and keep people engaged rather than, oh, mainnet's here, on to the next one.
gauge rather than, oh, main net's here on to the next one.
Yeah.
It's yeah.
I mean, yeah, obviously like having things land early, um, in the life cycle is important,
but it's also just like expectation setting.
Right.
So it's like making sure we have as much ready day one, whether it's like liquidity
programs or applications or whatever.
Uh, but also just like letting people know, like, you know, it just takes time.
Like, right.
We're, you guys are over here talking about abstracts like having one or two shitters above 10 million
market cap and it's you know almost a full year since it went to mainnet like bro you know sometimes
it takes time we hope to accelerate that with some of our programs but like you know uh people
will get all in a hub regardless of whatever we do uh we want to make sure we have some stuff there
for them to land but then like everyone will settle and then like organically shit we'll just continue to build up
um it's on us to make sure that that stuff comes in place as fast as possible but
you know that's the game
oh what did you come up here for mfr i got some goodie bags like what's up man
what's up bro dude it's you know how nice it is to finally be able to like get back any spaces i was in uh so we did the mafia 2 um in copenhagen so like i was a different time zone
i've been traveling i did that for like a full month um it's like for everyone in the crowd
doesn't know what that is like so we have an accelerator right so we co-live with these other
teams uh that are like building on on mega that's how you guys have euphoria noise and like all the
apps that people were kind of excited about from the first cohort so we have a second cohort um that we were working with and
again spent 30 days with them in copenhagen iterating through product and like trying to
form teams and like just like pitch to vcs and like a whole bunch of shit right um and ultra
so allison brought it up that's why i want to go here ultra was in that group right so i spent the whole team spent a month with him in copenhagen working with his team like he's got
he's got multiple friends and developers and stuff that he works with um but like working on this app
that they're they're trying to come up with probably something or probably nothing whatever
he's called it that plays older um so i guess that's pretty exciting i just like honestly came
to add color to that which is just like yes he's a little bit of a
vibe coder and he's dashboard
GCR and he did Laudio and he did Blank
and he's doing all this stuff so he's got a lot of
side projects but this one
is the one that he's going to dedicate himself
to so we're excited to
see him finally take that, lift it up
and obviously deploy it to Mega
get excited about it
Any hints of what it actually is? I see Sonic on on the main page i mean kind of leans into something fast is it you know
p2 playing an earned game is it we're trading any kind of hints uh what you're trying to get
all i can all i can say is it's it's consumer forward like he does a lot of stuff that's
interactive and um fast paced like obviously mega is fast like trying to enable some of that um he he saw like he's a smart dude he saw some opportunities in the market that were a little
um behind the curtains like infrastructure level shit that he's like oh there's a real problem this
needs to be solved from like bro that's not your superpower like your superpower is like clearly
getting engagement and interactivity and like social mind share. Like you're,
like you're awesome at this shit.
Like don't,
don't kill yourself and lose that.
So we forced him down this path of making sure he did something consumer
forward and think he landed on it.
I can't really say much more than that.
I want to say some sauce for him,
but it is something you guys shouldn't act with.
The one after that was called blitz.
I think was the other one.
Is that another one that you know about?
Yeah.
Yeah. So I have to say I know about all of them.
We have a mix of some stuff.
It's big and just industrial market opportunities,
which is like Athena.
Athena is not a sexy thing,
but it's bringing the basis trade to everyone.
It's like you can do that.
There's some of that in there,
but for just broader market shit.
We have some of those projects.
But then Blitzo is a much, much more towards the...
It's consumer, for sure.
It leans into the hyper-gambling stuff,
but it's also a utility.
All I'll say about them is they're probably
the most exciting app out of the cohort
that is net new, different, different emergent we didn't anticipate
this happening it's just a team that was like iterated really fucking hard um and every time
we gave them feedback they'd just like go into a hole and come back out with something new different
cool and they're like just like the whole package is really sick so um we're excited about that one
and it'll be another consumer facing forward thing thing. Then I like, obviously you started out
with the Frogger thing where you kind of like preview,
like look at how fast our TPS is on chain, instant finality.
And then you see Euphoria, which is basically like a prediction
of which way the chart's gonna go
where you just tap the screen.
Do you see a lot of the devs building,
like using that as like a product market fit
of like using the mobile phone kind of meta and using the fast tps and kind of creating games around that or is it just more like everywhere
where everybody's trying to build d5 people are trying to build games people are building all
kinds of stuff do you are you guys kind of like recommending them to kind of lean into the fact
that you guys have this fast finality on chain we definitely try to right because that gives us a
little bit of a moat
like we want to create applications that really can't be replicated elsewhere or like not even if
they try so just like markedly degraded in a ux perspective so like we obviously want that because
it you know continues to push up our value prop and other chains can't match it which is awesome
that's our that's what we want um but like we have a mix of everything like not everything can
leverage that maximally right like some shit is just like you need basic infrastructure shit just
like lending and everything else so uh it's a mix mix and match of everything the problem that we
faced with the second cohort that we're dealing with now um and like it's a fun challenge i'll
say challenge not a problem is that like the first cohort was easy it's like okay we need a
perp dex we need a dex you need a
lending protocol you need like all these basic primitives this one was like all right we have
all those other things spoken for it's like what the fuck uh do we build now and it was just like
really creative shit it had to be it had to like try to be net new assets or net new new things
like we still had euphoria and noise and stuff come out of the last cohort but um this one was
like all focused on that type of shit for the most part
or heavily weighted that way anyways.
Gotcha. So let's take the Mega ETH hat off.
You're a big Mega ETH guy. We all
know that's the reason why everybody's paying attention
to it. Let's just take it off.
You haven't talked in a while. What are some things that are interesting
bread as just like a speculator
or something that interests him app-wise?
I mean, you're pretty tapped into the whole social
fi, how ETH works.
What is something that bred in the past two or three months
that's kind of got his attention, bro?
I respect your research
and just looking at stuff fundamentally.
Yeah, I mentioned Cerebro this morning.
Honestly, as far as degening on shit,
I haven't really degened on a ton.
Yeah. like as far as like degening on shit i haven't really degened on on a ton um yeah info info five has kind of been cracking underneath this but i think i think like it's starting to find
its second leg potentially because like now kaido's trying to like incorporate all these uh
um all these like on-chain metrics in conjunction with the info 5 shit like the the
slop that you see on the timeline and i think like having those two things together hardens it a
little bit because like the material cost to make like the next comment or whatever on on x is
fucking zero especially with ai so that's why it's like gotten gross but like if you can
tie that into on-chain assets and have some verifiability there then like now you're starting
to approach something that is a little civil resistant and um has a higher cost so i actually
got liquidated pretty fucking hard on my i had a kaido long that finally got into a green and of
course i saw it and i was like oh you know cool it's back to green like i'm gonna you know ride
it for a couple days and it fucking just you know went to zero on me and lost it i just played
drone pile are you
on the z team are you helping with them with that i forget it was like vo and someone else yeah yeah
i'm an advisor yeah what do you think what do you think background you don't have to give us too
much is that something you think can fix a lot of issues social file yeah i mean like i don't know
that there's a ton of issues to fix like i think honestly if i if we want to get some weird shit
going like we need net new net new assets of something something to be tokenized that we
haven't really thought about before that like all of a sudden is a token and we can trade it and buy
it and sell it that's totally different which is like the we haven't really even with this info
five shit like this is just like another distribution method it's not like a net new
asset that's created uh where it's like if you think back to a lot of these
these previous like um waves of people just getting like crazy speculative it's something
net new that is tokenized whether it's art or whether it's you know i don't want to say meme
coins is a broad category but like you know we had social stuff like with the the frintech shit
it's like we had all of those things and that's what allows these bubbles to form because you
can't actually price this thing because you haven't lived through it you need everybody to
get burned at least once for everyone to get like crazy hyper speculative so yeah we're still looking
for and like this is actually something back not to bring back to meggy but like that's something
we try to force down the throats of a lot of these teams is like we want net new shit because like
that's what this space enables and that's what allows for like the crazy weird speculative games of like this thing is worth infinity because we've never seen it before
but what's i haven't seen a lot of that yeah what's fucking left bro you got ipos now you
can 10x leverage ipos but i'm not saying like we always talk about like emerging markets and
typically in those emerging markets is where the return is because the market doesn't know how to
price it and it usually overprices it.
What is the emerging market
we have left, bro? We have pretty much everything
here now. RWAs, really.
Yeah, RWAs. What do you guys
think of this? This is something I've been
trying to force on teams. I haven't
seen anyone buy it too heavily, but
I did a post a couple
weeks ago where it's like i don't think anyone actually
wants to own anything uh i think everyone these days just like treats all this as
like a competition and wants to like try to predict what's going to happen so it's like
i don't want to actually buy and own the pump token i want to speculate on how it's going to
perform at a 4 billion valuation at launch and then go down and go up and then go up and then go down like that's what i want to like do not not like actually own the fucking thing um and like i feel like that's
constantly being um like transmitted across like all these different assets so it's same thing with
uh info fi right it's like i don't want to i don't want to actually you know create or garner
attention i want to speculate on who's going to create and garner attention right like i want to own do the noise style shit where i'm speculating on
who's doing what and why um i'm speaking like so one there's just that so like i'm thinking about
okay everyone just like this trading is turning into a sport situation it's getting so normalized
across all these different assets like final financialization is just getting so normalized
that i'm wondering if even these trading strategies and these ideas are the thing that
could be tokenized, right? Like if I can create a vault, right. And have that thing be like
provable that like, this is the strategy that I created, like whether it's the basis trade of
Athena or like, you know, sniping the first, the first contract deployed by this person,
like if it has X amount of liquidity or whatever,
like just like there's a bunch of strategies out there that some people deploy.
If I could tokenize that fucking thing and then sell that to other people
and show that like over the last six months,
it's got a 80% win rate and like, you know, fucking 20% APR or whatever.
I wonder if people would buy and sell and trade that shit and the
person who creates it gets like you know x percent of the the winnings of the entire vault
um like that kind of shit i don't know so like speculating on like if alpha if like alpha caller
actually has something that's actually like a cash and carry trade or something like no one's
thinking about and you can basically speculate on like a crazy idea someone has to make money maybe like a hedge bet and then that money that he makes creates like a floor price on this idea
and then you can trade this kind of alpha callers so-called alpha as kind of like a leverage or even
a farming strategy right if you go on hyper liquid right now if you go to liminal like they have a
delta neutral farming strategy for some of these fucking things where it's like you know it's a net
neutral position that is just earning a shit ton of points.
Like if I am someone with not a lot of capital, right?
Like there's no profit to be made there from like actual like trading.
Right.
And maybe I only have a couple of grand in the bank.
But it's like, I know this strategy fucking works.
Right.
I know this will farm the fuck out of this protocol.
We'll get a lot of money.
We could distribute the points.
But I don't have the technical ability to set up all the like if i if a platform could let me do
that right then i could i could create the strategy i get a portion of the fees i get the actual carry
of it and i can sell that to other people knowing it being smart enough but not having a personal
capital myself to do it i don't think like something like that like there's net new to
tokenize i'm telling you man we can tokenize a lot of shit still i think that's a
good one because then you could that alpha caller could use that as like hey look at my idea it's
at a two each floor and then you know i'll sell a discord fucking invite well often the ones that
do are not the ones that teach right and the ones that do it well i mean are just kind of doing it
well in that sense so i
think that that now you can actually allow people that like you're saying whether it be a smaller
bankroll or whatever the moat actually is right um you can kind of get over that because of the
fact that you are a strategist or you're the coach rather than the player itself i mean
there's no difference when they comes down to winning the ring, right?
So, I don't know.
I think it's a good one.
It's something I haven't thought about.
And it's kind of, like, similar to, like, Frientech, right?
Like, people buy your key, they would get access to your information,
and the better information you had, the higher your key price was.
It's kind of similar to that, but now it's, like, extrapolated into, like, ideas and strategies.
Because, like, Chief brings up all the time that Barra has these great yields and stuff, that but now it's like extrapolated into like ideas and uh strategies because like chief brings
up all the time that barra has this these great yields and stuff but no one wants to go actually
do it just imagine if i could trade chief's idea of going over there with the stable yield and i
can make money off that idea even though i don't want to go over there and do it so it is something
that i haven't thought about and like a lot of this defy shit's boring as fuck you're like oh
great i can yield but the fact that i could trade people's ideas of DeFi would be something that would attract kind of the left barbell of this fate to the DeGence side to get into this stuff without having to own the assets.
Because I feel like what's happening here is people have PTSD on a lot of this stuff, and they want to stay liquid.
And that's why they want to trade the idea.
You know what's a good one on that? And I mean please if you're listening i just want one good check i ain't
even look i ain't even the greedy mf-er um set up and sell indicators for charts right for those
people that know how to do ta for those people that know how to run all of that, right? I mean, you can go and set up a suite of these are the five indicators that I use when I'm charting.
And I guarantee you, I mean, people pay for calls and signals and all that kind of stuff anyway.
And that's not to say proprietary, but it's something that each individual does differently.
Or you could tokenize based off of, hey, if you're looking for setups using Nishi clouds, you can go this way.
Or, hey, if you're using setups, oh, you like Harmonix, do this one.
Or, hey, if you like, you know, so it's just a different setup of just not necessarily gatekeeping, but packaging your value, right?
And then allowing other people to either bid on it or purchase it.
Well, Brad just gave you a billion dollar idea. You just need to get Ultra on it or purchase it. Well, Brad just gave you
a billion dollar idea. You just need to get
Ultron and Devit up for you.
I think it's a good one. I think maybe that's
something we might see on MegaEath.
That's my only one.
I gave you the idea of
bringing it, bitches.
I think it's probably already being built. I think you're just trying to be
coy about it.
Pass. What's up, brother? I've been honestly pushing people down this path like i had like a lot of the
pushback i always get is the like the best traders are never gonna give up their secret
right it's like oh if it's an actual profitable strategy why the fuck would i let the world get
into it but i think there's um you know why because you know that you do it better than them
and i mean i talk about this all the time.
We share every opportunity.
I mean, there's nothing that we've gatekept.
We've been here for years, right?
And I mean, the main reason why we share it all is because the chances of you waking up at 4 a.m. and outperforming me are slim to none.
So what difference does it make if I actually know how to perform,
if I tell you where I fish, what my rod is, what my bait is, and what
my line. I mean, you're betting on yourself, right? And I think that that's the difference too of when
you get to people who can actually do. They don't mind selling the information, the idea, monetizing
it, because at the end of the day, they know how to do it themselves. They'll figure it out or
they'll know how to adapt, right? I think that that's one
of the things too. It's like, that's when you can really tell the people, quote unquote, can you
trade? Can you do X, Y, Z? I mean, yeah, insider information networks, Rolodexes, to a certain
extent that all plays a part in it, right? But I mean, from sneaker days to any type of automation
or botting, I mean, it's called cooking. The reason it's called
cooking is because everybody gets the same recipe and the same supplies. But I guarantee if we each
made a cake in here, they would all taste different using the same recipe and the same supplies.
Right. So it's that. It's like what makes yours taste different? Why do you hit 50 mints and I
hit two? Well, I use different proxies than you or i do this or i do that or i run a
script so i think that when you can package those ideas i mean those that do don't care to sell it
because they're going to continue to do regardless you know so it opens up a whole new market as well
what's up cas what's up brother how we doing good, pretty good. I like this Congo a lot because I'm definitely on the train that this cycle or the rest of the cycle,
we're going to see just like the perpify or tokenization of everything.
And I'm leaning more towards the perpify of everything because it's just easier for people to, you know,
capture upside and extract value for themselves, which like, that's the name of the
game, unfortunately. And if we're going to keep saying things where like BTC goes up,
but chops people out, and then there's really not like a lot of spot buying, it's just a lot of
people still fucking going back to the casino trying to get the next along. And then yeah,
I feel like we're gonna we're gonna see this across everything. And that's why I'm really
bullish on some of the hyper liquid projects.ral is probably the the one that stands out
the most based on this conversation great example yeah yeah i mean you said you were saying that
bread like with the the way things are going people like the idea of betting on what the
outcome could be and that pre-ipo bet bet is something none of us have access to.
I was going to say, tell people what Ventuals is
so they can understand.
Because it fits in great with that idea.
I think it's actually one of the things that inspired that
whenever I saw that. I was like, fuck, man.
It's like, I almost own shit, right?
You can just 10x leverage a fucking token
like OpenAI before it goes out, bro.
It's pretty simple.
I mean, Jupyter has it, but you can do it on spot.
But yeah, dude, it's fucking dope. It's speculating on the price right that like that's what it is it's not it's not owning the thing because you think it's worthwhile it's speculating on the price of the
thing because that's the game people want to play right it's like oh like this is over or undervalued
or this is what i think the market is perceiving of this it's something like i'm gonna get my hands
on it it's just like i think the market's wrong there's one ipo late i wish i could have had this on the circle ipo bro i'll be fucking rich
like come on dude 30 bucks to 400 bucks like come on if i put the next leverage on that shit
but i think the one that we have coming up is the kraken ipo and we have the open ai ipo which
if you've been seeing the evaluations of that it it's like it's $500 billion for open AI.
So that's going to be something you're going to see a lot of people 10 X
leverage that as closer and closer it gets.
And I mean,
does it go to a,
to a trillion dollars?
Who fucking knows dude,
open AI is used everywhere.
That is going to be the funnest,
IPO,
like pre IPO.
Ventral is going to make,
yeah,
they're going to get so big just because of that one moment.
Once it happens, like, uh, because at the end of the day, dude,
like what are we talking about here? We're,
we're talking about the biggest potential tech company that is going to go
public, but then we're also going to see a bunch of insane on chain activity.
Uh, I live for that shit. I think that's why,
why this space is going gonna keep moving forward even
though people feel like it's still in the same place uh what everyone's double scary with that
is that like everyone because like chat to bt opening eye everyone thinks they like they
know it right because it's so like the product itself my fucking grandma myself all about like
everyone has a touch point with it where it whereas like this thing like i can i have
the information power to know where this thing's gonna go whereas like you think of something like
nvidia or nvidia is like a very like sneaky juggernaut right it's like super fucking wealthy
but like i don't like i would have to dig into the fucking technicals understand what it is
mom has no idea what these fucking chips are like so she has no idea but like everyone will
fucking know open ai and chat gpt and like so they'll probably have an opinion on it and be willing to gamble
yo and then i mean side note but it kind of also coincides i just thought that this was interesting
of you know when you start getting one more tools in people's hands and then it's the less of the
success um posted up top i don't know if you guys saw that whole Cracker Barrel refresh, right? They
took out the old man, and now it just says Cracker Barrel. Well, apparently this was a three agency
collaboration over the span of, I think, six months that designed this brand refresh of basically
deleting the old man, deleting the barrel, and just leaving the words.
So I think that that's also an interesting part, too.
It's like you're going to start this redundancy
and this ability of these companies to just finesse people, right,
is going to slowly start to become more exposed.
And you can be able to speculate on that end, right?
And I think that that's the
beauty of it too because you don't have to say hey is this gonna work or not no but you can now bet
on the lead up or the run up of the marketing cell i don't know dude dude down 19 in the seven days
how's that uh refresh doing bro doing real well like now i got all bright in there like i saw
tiktok this guy's like i want jim crow segregation when i go
in cracker barrel i don't want this fucking gentrified fucking place and i thought it was
fucking hilarious dude i mean i haven't gone in my cracker barrel i think they still have it up but
uh yeah man this isn't looking good for their stock price i mean it's down nine percent on
the day and down 19 all they did was just make it cracker barrel that's it like they just all
they did was make it just the words.
It's nothing to even be appalled by.
But, yeah, I just thought it was interesting that three agencies worked on that for a long time.
And they decided to put it out.
And then when you think about just companies and doing well or not, and we saw the same thing.
Hey, are these brand refreshes worth it?
And now you can bet on that.
I mean, Jaguar did the same thing, right? So, I don't know it and now you can bet on that i mean jaguar did
the same thing right so i don't know i think you can now look at it it's a different market it's
a different way for people to participate and for normies to participate too so 100 you guys all
seen the stock market and shit i mean price is down basically started the show at 74% of a Fed rate cut. We're down to 57% on this
bitch. So, Jerome Powell, do something, my guy. Talk nice to me. Talk nice to me tomorrow.
The price is basically dropping as we speak based off these Fed rate cuts. And it isn't looking
good. I don't know what time Jackson Hole is tomorrow when he speaks, but if he could just be a bit dovish, I think that we might do a little pump ski going into the weekend.
But I don't know, man. Not looking great for just all markets in general. And it's kind of where we are, man.
I guess the last thing I found on just the scanner was Robinhood is launching their own L2.
the scanner was Robinhood is launching their own L2. And tell me if you heard this one before,
but we got Hoodleo, they premiere culture PFP for Robinhood chain, minting soon on base
to be bridged to Robinhood L2 on day one. So basically doing the Hypeios,
and it's going to be a PFP NFT picture for the L2 Robinhood.
So, yeah.
Tell me if you heard that before.
Robinhood's having all the praise these days.
Everybody's talking about it.
And now they're going to have their own NFT called Hoodlio.
Which, who knows if they get airdrops.
But that is something that popped up on my scanner.
That could be a cook if we can get some whitelist for it.
So, that's all i
got chief got rugged he's back got anything else chief before we end the show my guy we're kind of
running no that's it we can we can go cover it tomorrow yes sir yes sir appreciate you guys
stopping by the daily alpha we run it tuesday through saturday from 11 to 12 i'll leave it here
for chief to end it you guys have a great. I'll see you in the foundry.
Just kind of going through the list.
We do got Brett up here too.
Or he was. But regardless, there's that mint between Brett and Tut.
Or the homage to Brett from Tut.
It is live on Kingdomly.
We had some spots for that.
And then there's also inclusion of certain Mega ETH communities.
I think there's like 10 different categories.
Little Pudgies, Pudgies, etc.
So I got that pinned up to the top for you guys.
There is a first come, first serve coming up.
So that'll be tomorrow.
If you guys are trying to get into it, make sure you get
some Mega ETH from the fountain, from the faucet, sorry. I got that for y'all to check out. And then
lastly, I don't know who's doing the cookie.fun boards, right? But apparently you have to register
and add your wallet in order to receive rewards. Now, do not do what we did when we found
Kato. We signed up and didn't do any of the other button clicking and adding and doing any of that
shit and missed out on the airdrop. So, if you're farming Cookie, if you have been, if you've used
it, just make sure you got everything that you need to do in the the settings portal all filled
out right so it has a link up there for y'all to check it out um you can go to the website make
sure your wallets are all logged um as expresso said we're here tuesday through saturday 11 till
about 12 12 30 depending on the conversation appreciate everybody that came up, everyone that contributed to the, well, one, the conversation, two, to the engagement, liking, sharing, retweeting the space.
There's a thread that goes out afterwards.
It covers everything that we talked about as a resource.
So shout out to Allison for doing that.
We'll catch you guys in the Foundry and see you tomorrow.
Y'all be safe and have a good one, guys.
