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THE DAILY ALPHAβ»οΈ
Recorded: July 23, 2025 Duration: 1:18:03Space Recording
Short Summary
In a dynamic crypto landscape, Nature's Miracle's XRP treasury program and Gropo Marara's Bitcoin acquisition highlight significant partnerships and fundraising efforts. Meanwhile, Robinhood's staking launch and Hyperliquid's pre-sale signal exciting token developments, as OpenSea trends towards fungible tokens, reshaping the NFT marketplace.
Full Transcription
Thank you. What's up? What's up? Appreciate you guys stopping by daily alpha we run the space
tuesday through saturday from 11 to 12 you guys give us a like or a repost on the space
gives us visibility lets everybody know we're here this is where they get the alpha this is
where they lock in if you guys are out and you're about and you can't lock in on the show it's on
recording so you guys can listen back to it but and you can't lock in on the show, it's on recording.
So you guys can listen back to it.
But also Allison does the round trip, which is their thread, which just discusses everything that we pinned up top.
So this is the time.
This is your time to shine. This is the time to be accumulating and listening to as much alpha as you can in this space.
We've been waiting two and a half years for
these next hundred days. And the last thing you don't want to be doing is not being locked in
and know what's going on to make these moves so you guys can make this generational wealth
and possibly be able to quit your job or just be more well off than you were two years ago.
So this is the time to lock in. This is the time to sacrifice time with your loved ones.
This is the time to sacrifice your sleep. This is the time to read as much as you can into the
space so you guys can make better decisions, so you guys can take advantage of these next three
months. So this is it, man. This is what we've been waiting for. It's the year after the halving.
It's the last three months until november november's are
typically the top q4 and we're heading right for that so there will be some turmoil through the
time there will be some corrections there will be some profit taking but the the upswing is here
and uh we're here to help you and that's what we've been doing for the past three and a half
years was just trying to help people steer them in the right direction teach them how to fish and give them the information so they can
make their own decisions so ultimately that's what's going on obviously we've had crazy week
last week monday tuesday wednesday we're fucking nuts thursday friday not so much etf shut off on
friday and we've been kind of having runners we've've had Solana hit $200, $210, and then now we are kind of seeing Monday and Tuesday
and Wednesday being a bit of a profit-taking from last week.
But there's no short of news.
We have corporate treasuries all around the world adding Bitcoin, XRP, whatever crypto
that they want to their corporate treasuries.
So that's something that we continue to see, which is ultimately what I think is fueling
these altcoin runs.
Like I mentioned yesterday, that a lot of these stocks or these companies are actually
approaching people in crypto and asking them, hey, you want to offer us, you know, 10,000 of your XRP and we'll give
you pretty much, you know, an allocation to the stock and all these stocks pretty much three to
five X and these crypto people are basically making three, five X off just giving their,
their crypto to some of these companies. So it's all an influx of even more of these today.
We had, I think an XRP one, which I think is the first one.
It's a vertical farming tech firm.
Nature's Miracle launches a 20 million XRP treasury program, becoming one of the first public companies to adopt XRP as its core reserve strategy.
So we've seen Doge yesterday.
Now we're seeing XRP.
They say something like they have the best narrative.
You got to give it to them.
Out of all the people out here, the XRP army is top tier.
So I pinned this up to the top.
The guy has XRP in his name, obviously.
But he was like, is Ivanka Trump leaving hints for everybody of what to do?
Picture one. The song is called Ripple by Grateful Dead.
And then picture two, there's an X on the gas can of a truck.
And people are like, yes, she's signaling XRP in the background.
I'm like, hey, yo, this is the kind of stuff that people just start, you know,
following and connecting dots and start just consuming right and then i saw jakey's video
on that i don't know if you saw that he took an uber for like uh three hours right just down the
street every literally down the street non-stop and every person he'd walk in like every uber
driver he'd be like yo what's up do you know what xrp is and they'd be like no you know and then finally i think he was like on hour two two and a half he
like one guy knew and one guy's like yeah well the cryptocurrency and he's like yeah you know i've
been trying to see who is buying xrp you know there's a joke on crypto twitter about it's the
the uber drivers so he tells them the whole lore and Then finally he's like so just tell me you know, why'd you buy it? And he's like, oh, you know
I heard about instant payments
You know that it was really fast and that the banks would eventually
Adopt this as a as a you know a banking and a payment rail and so those are the only two things right?
He's like oh, I can see that banks would adopt this and it makes sense
It has to be super fast and this is technology. That's faster than a zeller a bank wire
Okay, cool. I'm gonna buy some right and so the guy got into like a dollar sixty
But yeah, that was literally I mean there was no heartfelt thesis. There's nothing like that. I mean, it's the exact
Retail consumer that we all joke and think it is and it is the ones that are actually out
trading us on this so they're definitely a cult and uh this whole uh oh look if there's an x on
the gas can really revives my uh my reddit days then uh of 2016 to 2020 of q anon you know like
there's a q oh trust the plan donald trump has the plan like
if you guys crypto is very right wing i mean that i mean uh it's basically like get eliminate the
government and so you have a lot of these same people that believe in these right-wing conspiracies
in crypto that create the same conspiracy theories around their bags and like oh there's an x on the gas can that means uh that means they're giving us a hint and they're entrusting the song bro
she likes the song ripple so she's signifying by ripple yep i just i see it every day just even in
meme coins people come up with these crazy conspiracy theories of why you know elons do
this or why you should do this or why you should buy that and it reminds me of just like the whole reddit uh conspiracy theories of like trust the
plan and oh there's you know you got to believe that there's a plan with all this stuff uh trump's
playing five for 4d chess and like those same people that were in those reddit forums are now
in crypto coming up with the same fucking boondoggle fucking theses of why things should
pump so that's the one thing.
I mean, these are all cults, bro.
And like the technology don't mean shit.
All it means is like the narrative.
And like, obviously we had Western Union announce
that they're going to use stable coins
for fucking cross payment transfers
and like cross border transfers and stuff like that.
And like when XRP was created,
we didn't have stablecoin regulation.
And so that was the narrative.
Like, oh, banks are going to adopt this.
But I really think stablecoins are going to be
the currency for all these bankings,
all these digital transfers.
It's not going to be a cryptocurrency.
It's too volatile.
People don't understand it.
And then there'll be standards, right?
Like, it'll literally have to have a certain standard
to be considered a stablecoin.
And then in doing so, to make it interoperable and interchangeable anywhere like yeah and it's
criteria of being labeled a stable coin then you could swap it one for one with anything else that
meets the criteria because it's backed by fiat or whatever it may be, you know, so like that's what also allows everyone to make one because they're just going to put an underlying standard of if you meet this.
Right. Then you're considered this. Then if everyone that's in this range has to do X, Y, Z or they're removed, you know.
you know yeah and then i also think that in the future you'll load up your bank of america app or
your regional bank of america app or whatever app you use for uh for banking and you'll be able to
transfer your cash into their stable coin and then transfer that stable coin into a wallet and then
be able to transact with the digital dollar and i think that brings a lot more trust for people than
actually buying a cryptocurrency that no one actually knows what it is.
The fact that it's backed by a bank and a bank, even though we know banks are fucking shit companies in general, they're not worth it.
A lot of people trust banks.
And the fact that these stable coins are going to be offered inside these banking apps in the future, I think, is where you're going to start seeing the adoption.
We already see like Shopify enabling stablecoin
payments. And I think that is kind of what's missing here is just some kind of stable asset
that a lot of people can collect or just trade in and out with and not actually have this
cryptocurrency that could possibly, you know, dump 20% in a day or go up 20% a day. You need
something that a lot of people can relate to. And I think the marketing of a stablecoin is going to be like a digital dollar.
Yeah, with standards, right?
Because that's the issue.
It's like, well, you don't want to say, you look at me like you don't want to accept some
espresso coin.
And it's like, okay, cool.
Yeah, I'll take some.
Well, what's the tokenomics?
Does it work?
How does that work?
Can you just pay me?
And it's like, oh, no, I have a trillion tokens.
And it's like, oh, well, whatever you're trying to buy doesn't, you know, doesn't isn't quantified like that. So how does it work? That's why you set that standard of everyone uses a state like a stable coin, right? As to hit these thresholds. Once you hit these thresholds, you're tradable in this asset class, and then it's interchangeable. So yeah, I think i think it's a big issue with a lot of
people like in general like i heard luca talk about just the thing that's kind of holding back
digital collectibles and nfts is actually there is no stable coins because what do you got to go do
to go purchase an nft on abstract you have to fucking learn how to bridge over there and there's
like a lot of learning curve like what's's a bridge? What's an L2?
The fact that these stable coins are interchangeable on the block, these blockchains,
you can just transfer it there.
And then now you can just go buy digital collectibles
without having the learning curve of what a bridge is
and having to like swap your ETH into abstract ETH
or just the other coins and stuff like that.
So I also, I think this is kind of his thesis
is that these stable coins are actually going to make a start the rise of more digital collecting in general, because now you
have something that's interoperable throughout chains and not just something you need this
cryptocurrency to perform this task on this, on this chain. So yeah, man, I mean, this is, this
is like, we're, we're slowly getting adoption, man. And this is what we've, this we've been waiting
for. Stable coin adoption. I have one more, just a crypto Mexican real estate firm.
Gropo Marara just bought 1 billion worth of Bitcoin.
They plan to build 10 billion Bitcoin treasury within five years.
So Michael Saylor started the trend, basically, and MetaPlanet.
And then we started seeing Joe Lubin basically say, all right, this is ideal. This
could work. Now let's use it on Ethereum. And then now you're starting to see the flywheel
and the people going down the risk curve into larger and more risk on assets. And now you're
seeing the Doge one. Now you're seeing XRP. And you're just going to continue seeing more and
more companies adopt Bitcoin as like an accelerant for their stock price.
I don't know if you saw this, but AstroPsych16 has been found to contain gold reserves worth 700 quadrillion that it's enough to make everyone on earth billionaires.
So there is apparently an asteroid that's floating through fake space that owns enough
gold to make everybody millionaires and billionaires.
And this is kind of the thesis that the Winkle Boss twins had when they sat down with Dave
Portnoy in 2017, as if these gold asteroids get hit and we can mine these, then there's
an influx of gold in the world, which the reason why gold's very, very expensive is
obviously it's trusted, but there's only a limited
set supply and if this does happen where we can go up there one day and get a spacex and start
mining gold and bringing back to the earth i would imagine gold prices will probably fluctuate based
off there's more supply and this also means that bitcoin would be the scarcest asset on the earth. And this is why Bitcoin is going to gold.
Obviously, that's...
He likes gold.
He's a gold bug.
Did you see...
I think last week, too, they found
that Mercury...
They were finding gold flakes
in Mercury and all this kind of stuff
in these samples that they brought back.
Ultimately, it's not enough gold to really make a difference
in terms of not even build a computer chip, right?
But it starts like that when, hey, you got a little bit here,
you got a little bit there, and then you start seeing,
well, if the atmosphere is okay, if it can be created, right,
then this isn't the only deposit.
So then you go down the domination of,
you need some democracy over there mercury and
sooner or later we're going to be out there democratizing mercury and bringing them freedom
for their gold so i saw a video probably last week of some people i don't know if it was a
fake video or if it was past or they even found gold but i guess they're in like africa and they're
digging in a clay mine and they found like a boulder of gold and i was like that could be fake that could be
real this could be past that or that couldn't even been gold but like people are finding gold
all the fucking time so all it takes is one discovery of us and then now you have an influx
of gold which is one of our uh one of the the listeners treasure uh i met him out there in
vegas and just in general.
He's been going through his page and stuff like that.
His name is Treasure because of that.
Like scuba gear, go to the rivers, go to banks.
That's what he does.
He goes and he sits for gold and grabs little gold nuggets and extracts, melts it down, and keeps the ball rolling.
So there's still people that actively go and search
for gold like on the riverbank the old school way you know shaking the water and then grabbing all
the flakes together and stuff like that so yeah gold rush very much alive yeah there's a whole
there's a whole uh discovery channel uh show called gold rush where these people go and dig
into banks in alaska and find gold flakes and like that so
i mean i would imagine a seven quadrillion dollar asteroid that's floating around space uh would be
worth a lot of money uh and did you see the guy that took all the gold out of goldschlager
and try to see if it was worth the bottle it's actually real gold yeah it actually is you can
get all the gold flakes and and do it all that well it's because the gold yeah it actually is you can get all the gold flakes and and do it
all that well it's because the gold cuts your lip yeah and then it makes your the alcohol go into
your uh your nervous bloodstream a little bit yeah or some shit like that i don't know maybe
wise tale but yeah it was a little bit of gold and he like strained it out and it wasn't enough
even to buy a bottle though so you can't like loop that you know it's not a obviously bro they're
gonna give you like a thousand dollars be more than the
dollar I've seen even seen these fucking fancy ass Las Vegas steak the steak
companies basically putting gold flakes on these steaks and shit I'm like oh
yeah the little strips of paper on yeah dude that was my nurse said I mean nurse
that went out of business the steak bay guys salt Bay I Bay. I mean, he lasted, what, two years?
And he was selling those $1,000 gold
steaks and shit, and I mean, most of all
his spots are all out of business now, so.
Give us your
gold thesis, Double.
I've heard your thesis, I'm just saying.
Obviously, I saw you down there, so I figured
I would bait you up here with it.
Did he leave?
Oh, man, wow.
I guess he didn't hear us.
But you guys know that we're about to start a parabolic bull run when we start getting this GME talk again.
About a week and a half ago, I brought you that liquor,
the LQR, which was basically,
what was his name?
I forget his name now.
But he was basically trying to take over shares
of the company and basically add some kind of strategic reserve to the crypto company.
And Wall Street Bets and a bunch of these kind of stock alpha groups got behind it and it pushed
the price up like pretty crazy. And then, I mean, the last time we had this was in the GME, which was in like February, January of 2021.
And we went to February to May where GME went ballistic.
So that was like four to five months from February.
And we're kind of getting the same thing starting to happen in the stock market now,
where we have a lot of these stock Wall Street bet alpha groups that are trying to basically do the same research find
companies that are being shorted to death and trying to buy it organically to create short
squeezes on these companies and yesterday we had crispy cream up like 75 we had gopro up 75
so you're starting to see the rise of the whole uh pattern match of wall street bets coming back
and trying to find short squeezes
on downtrodden fucking companies no one's buying and trying to pump these to Valhalla,
which is kind of giving me the hint.
Is that what they do?
Yeah.
Yep.
Oh, I didn't know that's what they did.
I didn't know it was like actually this strategic and organized or anything like that.
Like I knew that the TNB was an example of of it But I didn't know that this was a like a success story of a I don't know like something they've created, you know
They have a lot of people to buy this and long
No, I saw the movie. I just thought it was a one-off like oh cool
They managed to get behind something. It was a success story
Not that they like actively like the same way we out here hunting for whitelists and shitters, they're out there hunting for stocks.
Oh, yeah, baby.
Bro, they started the whole thing. What are you talking about? That's how we started doing this in the first place.
Yup. So it looks like Krispy Kreme and GoPro were up unorganically yesterday.
Obviously, GoPro has a lot of competition now with you know now everybody's a
live streamer and now your phone can do it all so a lot of people have been shorting the fuck out of
GoPro and it seems like these alpha groups got behind GoPro yesterday shot it up and then yesterday
also Krispy Kreme up 75% which I love the donuts I don't know if they have too many franchises
similar to like DME had a lot of franchises and i guess there's a lot more
competition with donut shops in general now you have like everybody that wants to be a fucking
uh you know uh what is those food truck truckie now and so maybe they're gonna plan to add bitcoin
to the street your reserve maybe that's something that they're gonna do or maybe people are just
short shorting this uh in general and that's why the price is up but you're starting to see the
rise just like we did in february right before we had a crazy altcoin
season going into march donuts are like top tier food like donuts fresh at 4 a.m in the morning
right out the little thingy or when the light's on i mean 4 a.m is when you go to the little asian
jump but um when you when the light's on you go go to Krispy Kreme and you get them off the thing.
Top tier.
What up, WFB?
Those Krispy Kremes are overrated
off the shelf. They look good,
but they don't taste that good.
You gotta eat Krispy Kreme
with the light on. The only time Krispy Kreme
hits is if it's on the actual
conveyor belt, bro, fresh.
That's what I'm talking about.
I got it for the first time
off the conveyor belt. It looked like it was going to
be amazing, but it really, it was
mid at best. I mean,
compared to a good glazed donut
pause. But anyway, I wanted to
say, did you guys see the open door?
What happened to open door? Because I got in, I got
a great trade, and then I got
greedy at the top, put more in at like five four or five bucks and then they and then it just dumped
down 50 so i think it started with like open door and now they're looking at other um
other small companies like gopro and stuff so yeah it looks like it's coming back that's also
a top signal uh could be a top yeah i'm did you think it was a top signal when they did it in february i mean it's gonna be volatile
right but like maybe they're just cycling through stocks that are being short traded but i feel like
this is giving us more of a macro perspective that we're we're risk on and it's like the market
has changed from like maybe three or four months ago where we're kind of entering the last stages of kind of like a parabolic phase and this is kind of the the side effects you see when we
kind of start this kind of new parabola for the next three or four months so i think this is just
kind of showing yet like yeah they'll probably be pretty volatile maybe they'll cycle through stocks
but i think maybe the next three or four months are setting up to kind of be pretty parabolic
because we're starting to see this stuff again right what do you think double oh yeah for sure i think i think you're right but i
think maybe the top's not in but the blow off top is coming basically and then we're probably going
to see the bear market come in later on but we still we probably still have till the end of the
year i would imagine yeah we're getting close we're getting close we think of the india we think of
like november as the top man
that's like a hundred days away three months away four months away and crypto that is like
feels like two years so like a lot of people like oh we only got we don't have that much time left
i'm like bro come to crypto every day you're gonna think that you're gonna be old you're gonna have a
great beard by the time we get to fucking november so i problem with the top the problem with the top is like
you never see it coming and then when you finally realize it's there it's too late you know it's like
it's a weird thing like that's why i'm getting kind of trying to put my radar on a little early
because i remember last time this happened like in november all the all the billionaires started
selling around november remember that and it started started, and I remember Tremont was like, you know, we're selling, uh, Bezos are selling,
they started selling all their shares and shit. Next thing you know, it was a top and then it
just kept tanking. And then you just kind of just like sit there. Well, at least I did. I mean,
smart people would have traded out, but I just round tripped the whole thing. So this time
I'm trying not to round trip and I hope everyone else is trying
trying to get some profits this time.
So let's pay attention to these,
these signs.
Let's not just talk about them.
We got to take action.
100%.
Yeah.
I think,
you know,
there are always,
there's always opportunities to leave,
even though if you don't buy the top,
no one's going to time the top.
So the get that out of your mind,
you're never going to sell the top.
And I think just being okay with the profit you made and don't FOMO back in is where the discipline comes in.
And I think that's where a lot of people struggle.
Yeah.
The greed is crazy because I was up.
I was literally up 100% on open door.
Right.
And I made like, let's say I made like a couple thousand bucks.
Right.
But I didn't put, I didn't put enough in.
I just took a small bet and it ran on me.
So then what did I do?
A little pullback.
I put more in instead of, and I knew I was like, I should be, I know I should be selling.
I'm up a hundred something percent on this trade.
Why am I holding this thing?
It's going to crash.
But no, I got greedy.
I put more in.
Then it corrected and I'm right back to break even or like up a hundred bucks.
So then I closed it out and it's an and L so it's just a waste of time.
So I got to take the money or go to Bitcoin.
Well, yeah, I think if you're looking at someone that is trying to swing trade, you need to take the profit.
But if you're seeing this, what's your thesis of this maybe is more of a long term play, maybe buying the dip.
what's your thesis of this maybe is more of a long-term play maybe buying the dip maybe it's
not instantly where you get your money back but if you wait maybe five ten days maybe it goes back
down to all-time high we've seen charge three trace and pop back up so it's just like what
you know what they did what they did with open door what i started to see when it was pumping
i started to see a lot of like people in a timeline like looking like they're smart saying
oh i think this can go back up to all-time high 30 dollars
because it has ai integration i was like oh yeah yeah yeah it's only at five bucks so it's gonna
keep going right no it's gonna dump on your face first and then maybe like a year later it'll go
back right so anyway sorry no i always when i always when i always see always the comparisons
of other coins are there's like the last like, oh, this has this on it.
That's just people trying to create narratives.
And that's typically the top for that local top.
And like I said, I think this is the start of it.
I don't think that, you know, maybe they cycle through different companies until they find one that everybody wants to galvanize around.
But I do think, you know, these companies that we're talking about right now, Krispy Kreme, they will go down.
I do think, you know, these companies that we're talking about right now, Krispy Kreme,
they will go down.
But if this is more of a macro trend where we're going to get silly here for the next
four or five months, you will probably see these probably, you know, hit all time highs
multiple times.
And so I don't think it's just the end of a lot of stuff.
And I think the Krispy Kreme one is interesting because they have an interesting moniker.
Open your asshole and kiss these nuts.
Krispy Kreme is D-nut. So Chief, you would really love that one, bro. your asshole and kiss these nuts crispy creams is d nut so chief you really wait i i called i
called d nut in the old chat i just wanted to put that out there because we're making these nut jokes
and i called it i said what about d nut it's crispy cream let's buy it do you guys remember
that nobody remembers i do remember that actually and i think that is guess what i didn't fucking
buy it i didn't fucking buy it i called it you didn't buy moon birds when i told you to get in at 0.4 either so i don't know
i'm an idiot that's it that's all right but i think chief this is one that i feel like we see
the the meme culture take over and it has a lot to do with the the ticker sometime and i think
crispy cream has a great ticker uh d nut and uh maybe that is something that can galvanize the trenches
and bring you know make this let's get greg on that let's get greg to post about d nut
it's popping off baby so i mean i found this last night i'm like what the fuck's going on
should i get in i didn't get in but um i think this has a lot more we see the wall street bets
team getting behind it this could be the one that they take off,
and maybe you're just now hearing about it today.
We'll talk about it in August.
It'll be like 15X, and we'll be like,
Double's up here fading it,
and we should have got in right when he was fading it.
I'm not fading it, so I called it.
So I'm buying it right here on this dip.
I don't know if that's good or bad, dude.
Are you calling it?
I don't know if that's a top.
Fuck it.
I'm buying it.
All right, bro.
Fuck. So if I'm buying it all right bro fuck um but yeah
i'm buying it that means it's dead all right all right but uh we saw robin hood today basically uh
launch ethereum and solana staking for u.s customers and i think that is what's going on
right now is there is a lot of unstaking of from Aave and a lot of these people basically anticipating that there will be an announcement of staking inside of ETFs here relatively soon.
And so there has been 1.7 billion worth of ETH from Aave over the past week.
Aave Contributor told DW News he believes that Justin Sun was behind the majority of the Ethereum withdrawals.
He's moving billions like it's grocery shopping.
And so it's not great.
It's not great for that.
You're starting to see a lot of that happening.
That makes me feel like that we, in probably the next week or two,
are going to get this e-staking narrative and Solana staking narrative.
And I think that kind of fuels the next stage of this next altcoin run. And so you're starting to see Wales, Justin Sun, which is huge in the
Trump administration. I mean, I don't know if he is, but he's the Trump holder. He's been at the
meetings, basically starting his withdrawal process and kind of just that this is going to
happen relatively soon. But I think there's like an eight-day staking period for you to totally unstake.
So it definitely feels like if you do it today,
you're expecting an announcement probably sometime next week
for this announcement, midweek, probably this time next week,
that there will be actually officially ETFs
you can stake Ethereum in.
And then after that, you'll probably see the announcement
of sole staking, which I think will be huge
just for an altcoin run.
Yeah, another $150 million unstaked ready for that.
Yep, so that's just making me kind of whales are moving.
What are they participating?
What are they trying to anticipate?
And it's this announcement.
And I think that next announcement next week
will kind of drive us back up to, you know,
possibly trying to get Ethereum to break maybe all-time highs.
So just something to look forward to.
I think this week is profit-taking week.
A lot of people, obviously, whales are moving around money,
so it kind of looks unorganic.
ETH isn't moving as much as it did yesterday.
And so you're starting to see retail a bit nervous and selling their coins.
And so I think this week is profit-taking week since we went so crazy last week.
And then next week, we go back to business with just big announcements from the government
of e-staking, Solana staking.
And that kind of fuels us into the end of August,
into the next FOMC meeting.
So that's what I'm looking at, Chief.
What are you looking at, man?
What are you getting into?
What's getting your attention?
It's kind of boring today, but there's tons of opportunities.
Go ahead, Double.
Speaking of Robinhood, I wanted to see if you guys
talked about the Figma ipo that they just
announced anybody get into it i did not i tried i tried to but it keeps giving me an error which
is annoying but looks like they have another um wasn't didn't uh didn't someone try to buy figma
a few was it like samsung or something there was like a combination adobe adobe yeah i guess they
did that didn't ever go through i guess they just separated after that um i think it got blocked
what do you even think about figma now with just like the rise of chat gpt and anybody can create
you know things on chat gpt kind of things like figma is more like a gopro like they have ai
they have ai integrated into it so like well i think that that's also
one of the the beauties though right so i mean figma shows the work right so if you just take
this back to let's just say elementary um and you say hey how'd you get the answer 10 show your work
on the side right figma kind of just at least outlines an operational flow and just you know
kind of a directional flow as well not saying that you can't do that with ai but you're getting more
so outputs rather than um just an actual workflow you know and that it can be changed throughout
the process or adapted through you get into vibe coding to where you slowly start to try to do that,
right?
But it's very much change the output over and over until it gets to your liking rather
than adjust while creating, you know?
And I think that that's the biggest difference now is, I mean, at least in the future, we're
just going to be, you know, a solution driven industry or people but for now figma and stuff like that
at least shows how things get done rather than just providing the inevitable which is just the
answer right and that's what ai does well yeah i think um the bullet the bullish case i think for
figma like if you think about these tools like cursor like vibe coding right like you're explaining
like when you're using Figma, for example,
you're kind of putting the pieces together for prototyping something out for
like, let's say a website, for example, right?
So you'll, you'll put the pieces in place.
Like this page goes here.
So you're basically putting the inputs of like what you want to be created
into the app.
And then you present that to, to like,
you would send that to your developers and say,
here's the layout for this website.
Now go code it,
right?
So you're basically whatever you do in Figma,
the eight,
now you can just pass it on to the AI and it would produce that website,
for example.
So it's still part of that workflow because you still have to input to the AI
what you want,
right?
So you could type it out or you could do this visual kind of coding.
Like,
I don't know if you've seen those tools where you kind of draw an app,
like you'll draw that UI.
Here's the login button,
whatever you draw it.
And then you,
you show it to the AI and say,
okay,
create this website.
And then it creates the app or the website for you based on that,
on that visual.
So I think that's why Figma,
I think fits into the AI narrative and the work in the,
you know,
the tool set.
I make sense.
I guess.
Yeah. I think there's two, I think there's two vehicles that are basically like the next
internet bubble.
Like, obviously I've made this example where Starbucks was a coffee company during the
internet age and they added wifi to the restaurants and became part of those stocks that people,
you know, invested into the tech startup just because they had internet in their stores.
And you're starting to see the two stocks that are the basket that get the most velocity is if
you're an AI company or if you're a crypto company. And so you're starting to see these
companies starting to position themselves to add AI to their development pages or just AI to their
products so they can be considered in that basket or add corporate crypto to the corporate treasury so they're part of that basket. So you're starting to see
these businesses realize that we're going to get left behind if we don't do something.
Well, we're going to add AI to our product. Maybe we'll add an agent and then we'll be
considered part of the AI basket, or we're just going to add crypto to our treasury and then
we'll just be part of that basket. So you're starting to see these companies starting to
capitulate and trying to figure out how we're going to add gasoline to our stocks if we don't we're
going to get left behind and become a shit coin so yeah i mean figma adding ai kind of like
ultimately puts it in that basket of goods um something i thought was interesting was poly
market announced yesterday that they're basically uh gonna launch their own stablecoin. I guess there's plans that the crypto prediction Polymarket
weighs launching its own stablecoin source.
Polymarket would create its own stablecoin
to own the yield-generated USD reserve
that back the amount of circle dollar peg token USDC source said.
So Polymarket basically ultimately ultimately yesterday or the other day
all officially uh returned to us and acquired q cx for 12 112 million dollars and they're also
integrating into x relatively soon so i'm kind of curious the fact that poly are uh not polygon but
polymarket itself now kind of coming to X relatively soon,
if we're going to start seeing maybe this stablecoin being offered on X
as maybe a payment inside the wallet, this X wallet and stuff,
the more and more I see them kind of acquiring crypto companies
and now their own stablecoin,
and then they're going to be integrated with X with this X payment
and X wallet that's possibly coming out,
makes me think more and more that we'll be able to trade crypto inside this wallet um especially when you have polygon being in our
polymarket being integrated with it so polymarket's making moves man did you know that polymarket was
on polygon that they use polygon oh yeah i know that that courtyard and polymarket anybody use
polygon i thought yeah they do dude the most most volume for NFTs is actually Courtyard.
The most volume for stablecoin processing.
The most volume for stablecoins too, bro.
Polygon wins on all those metrics.
No one just talks about them.
Where's Rudo at?
Isn't he supposed to be promoting that shit or something?
He's working on Katana,
which is basically like generating yields for your stable coins and
shit on their ag layer and stuff like that so they're continuing to build man no one talks about
it's not sexy it's not solana it's it doesn't really make people money bro i mean it makes
that money as as a infrastructure as the pix and shovel provider but you as the participant it's a
it's a cheap spot for you to do what you want to do do you
want to rip that's also it's also bullish for ethereum sorry to cut you off but i think it's
bullish for ethereum too yeah no that's all i was saying like that's the whole reason because it's
not quote unquote sexy like for us right like well what does that do for my polygon bags absolutely
nothing it just means that polygon is going to be able to stay up people are going to be able to use their stable coins and make payments people are going to be able to use
courtyard to rip packs if they want and businesses will continue it doesn't mean until they launch a
token until they launch a token it means nothing to us right no so expressway in chief i only came
up for this it's like the reason why people don't speak about Polygon and that stablecoin TVL is because that TVL is getting stolen by Solana because that user experience is terrible.
Right. You go and you shift your Polygon to Polygon Mainnet versus Polygon MainEat.
I bet you, I know we have 180 listeners here, but I bet you that a lot of 180, sorry, 103 listeners here,
I bet you they don't utilize mainnet versus mainnet polygon or understand the difference between bridging over.
Even us, we tried to stake, bro.
It was hard because you had to stake pole on ETH, not pole on pole. You know, and then it gets, yeah, just confused.
No, but that's, no, but that's a good thing is that we're seeing this fragment, fragmentation
of liquidity happening on ETH, which is also benefiting, uh, main ETH, right?
Because every time you exit on like a decentralized, uh, manner, like from a custody standpoint, if you own your keys and you want to translate that, you have to go to main ETH.
And we're not talking about that.
So like if you want to go to Uniswap or you want to, you have to go take Polygon ETH, bridge it over to Polygon and have Poly, Mainnet Poly to transact there.
And then bring it back to Mainnet a main net eath right and you have
to have eath so you're burning eath and you're burning polygon that's why you see that uh but
but what the hidden secret is and like a lot of these people that like are here like me like
we've always know the secret solana is number one and and you'll see you, you're seeing a lot of these top level categories of like sectors on ETH
kind of shifting over to Solana. And the conversation is that we haven't really talked
about actually, why is Solana at $200 and ETH is at $3,600, $3,500. And the whole year,
ETH has been in the same place. And it's due to this
fragmentation of liquidity. On Solana, it doesn't get fragmented to the lower L2s yet. Maybe it
will. And this example of ETH having fragmentation of liquidity could also be an example of what
we're seeing in client level
development on Bitcoin and where we're seeing kind of fragmented liquidity on ordinals and
runes, which are just kind of just scaling solutions of what we're seeing. So can we have
one solution to kind of just gather all that fragmented liquidity and put it into work to one client, possibly.
But I think overall in Bitcoin, we'll continue seeing the historical theme of what happened to ETH.
We'll continue seeing client level development, which is good because it brings liquidity.
And eventually, maybe when it gets closer to the end of the bear market,
they realize that these are just client L2s just hidden in that side and the liquidity will shift over to the correct client.
But it's also bullish, but we will continue seeing this down the line.
And it's weird that Bitcoin development is kind of taking the same development as ETH. And the reason why it's
taking that development is because ETH is about to go to its 10-year anniversary in September
coming up. So the reason why Bitcoin developers do that is because that this ETH EVM chain has
been proven for 10 years, pretty much the closest thing to be secured to Bitcoin.
And that's why these developers kind of take that simple, non-innovative leap to actually
see Solana as the best L2 solution to scale Bitcoin without needing these clients and having direct access to liquidity. But that will
be 2026, 2027 heading with, yeah, maybe I'm speaking in the future, but yeah, I think that's
where we're going. And yeah, maybe I went on a little tangent there.
No, I think it's good. I think they're all just like internet providers, right? And I feel like
it's not going to that much to care about in the future but like there's a lot of money on eth and if those eth whales that you know aren't solana maxis they
are not going to with solana i don't know why they just don't they're going to move their money
they're going to try to get as less as transactions and not pay those eth those east gas fees so
they're going to use polygon to transact their stable coins but i do see the issue with all
these l2s fragmenting all the liquidity.
And like ETH's main use case back in the days was for DeFi.
Now you're starting to see this DeFi starting to attract whales on these L2s,
which is like how is ETH going to gain its value prop if a lot of the liquidity is moving to these L2s?
And I think that's where Solana strives is that there isn't any fragmented liquidity.
And if you're going to use it for cheap costs, there's nothing to fragment it. So I do think that is where it is. And that's why
people are really trying to build retail applications on Solana, which I feel like
that is going to be the retail internet provider. I think maybe institutions will use Ethereum,
whales, just because of the security aspect. And then Bitcoin will just be used for like a reserve,
like a store of value.
And so I do think there might be three,
but I feel like if you're looking for like,
what apps are going to be the biggest apps in the world
in the future,
what are going to be the Facebooks of Web3?
They're probably gonna be built on Salon in my opinion.
And then also just to like to jump on that
is like you see other L1 chains
that were initially built off of ETH kind of shifting their narrative to Solana.
Having their core like principles all Solana based. that you don't talk about a lot and it's leading the rwa in solana and it combined is ondo uh which
is going to be one of these like uh pioneer rwa l1s especially now that we have like this trump
administration and you'll see them kind of having this interoperability through both chains uh and
and the next one is iOTX that a lot of people
don't talk about. Um, it's just cause of like, I'm in, into the spaces, uh, that they initially
started on, um, on ETH, uh, had, they went through the polygon, uh, mainnet kind of theory,
then they saw their struggles. Uh, Then they shifted to Solana, integrated with
Helium, created Solana mobile phone, right? That's how Solana mobile is actually kind of created,
having IOTX. And we're going back to the same story, right? You've heard this story from me
multiple times, but it's the same narrative book
that it just keeps being written uh and and you see even helium itself started on evm but it wasn't
able to scale um so yeah now we're here and we're gonna continue seeing this well but one thing i
want to one thing i just want to add quick is uh when we talk about killer apps the crazy thing about polymarket is like it looks
like it's gone mainstream right i hear it on cnn and x is it looks like it's yeah it looks like
it's it's becoming like that the the one app that really kind of blew up on crypto besides like
perps and anything like you don't even need to use polygon to use it like courtyard and polymarket you can deposit soul on there and convert it and convert it and use it that way even the banker bot right
now you can even do it from the banker bot with full integration you can fucking send a tweet
banker bot hey but i never believe how like how authentic the users on polygon are like you know
what i mean like polygon is the most bought it chain of all time so but if you but if you if you think about it, let's say Solana is the best chain. So let's say someone tries to spin
up a Polymarket clone on Solana. The crazy thing about apps that gain a moat like that is it will
be difficult to take share from it because the brand is already out there. It's already being
broadcasted all over the place.
Everyone says, okay, Polymarket is the place to go when you're doing that kind of whatever they do.
What is it called? Whatever. But whatever they do. So I don't know. I think that to me,
that's bullish for Ethereum. And I do agree with what you said about Solana and Bitcoin,
because Bitcoin is just a dinosaur. I mean, you can't do shit with it unless you have a whole like you know set of of indexing computers networks that are you know
a vm if there's some way to have a vm right which is evm which is why it which is and the funny
thing is the funny thing about like um bitcoin developers the first person i think of it's like
udi right and all i see on the timeline is Udi saying,
oh, Ethereum maxis, blah, blah, blah, blah.
They're copying micro strategy, blah, blah, blah.
But all he's trying to do is copy Ethereum with his,
he like spent his whole life
trying to turn Bitcoin into Ethereum,
but yet he hates Ethereum.
You see, so I don't know.
It doesn't make any sense.
I think you're right that all
this stuff is kind of kind of evolve and, and, and work itself out as a huge network where it
kind of eventually we'll just be able to talk to each other. Like the internet does. We don't
think about like, Hey, if I want to use Facebook, I have to use Facebook IP address to get there.
Like, no, I just go to facebook.com, blah, blah, send them my cash do what i have to do and it's
kind of seamless across the internet eventually crypto just imagine if you can only use facebook
if you use like verizon wireless and if you had t-mobile you couldn't use facebook that's all yeah
that's exactly where we are and just like video games like video games it was consoles it was
like you can only have ps4 for call of Duty. And then it all started to get integrated. And you can actually play people on PS4 that have an Xbox now.
So this all, ultimately, tech becomes bigger and bigger and more.
And eventually, it all becomes integrated.
And I don't even think, like, Polymarket, you don't even have to use Polygon.
And it's not even about, like, in the future, it's not even about the blockchain.
Because all these cryptos will be accepted.
There'll be bridges, like, interoperable bridges that you won't even understand that it won't be in the future it's not even about the blockchain because all these cryptos will be accepted there'll be bridges like interoperable bridges that you won't even understand that it won't be in the
background and so it like comes down to what are the best apps and what are the best i mean the
tech's already there right the the latest ethereum upgrade you saw all that sponsoring of gas and the
gas free accounts that you can do now i mean i can sponsor and put money into an account spin up a contract
and be the one that pays for everybody's gas transaction going forward right it allows
someone else to take that responsibility or the moat of requiring or needing eeth whatever it may
be right can be put onto someone else for facilitation and just ease of use so you're already starting to see more and more of this whole gas account generic kind of let's make it easier for the user the thing is is that when you have this fragmented you make it easier on one end and then the user gets stuck on the other right it's just we're removing the education aspect when you put all this in.
And right now it's difficult because not everything works and meshes and is supposed to be interoperable, right?
That's a high-level idea.
In the future, none of this will matter.
But for now, you can't really obfuscate.
I mean, I guess I don't know.
Obfuscate?
Obfuscate.
Obfuscate.
Yeah, why the fuck you correct me to sound wrong, bro. That was crazy. That's a wild work I don't even know but you can't hide it too much because at the end of the day like it
When things go bad because I need to do something outside of this little parade playground that you said
I don't know how to do it or there's no way to do it, right?
Which is something that we see. Like, for example,
you to tell me that abstract is an EVM chain, but their abstract global wallet is not accessible or
usable on any other platform or chain or because they kept the private keys. Like that's crazy
work. That doesn't make sense, right? Because in the technical ways, you're trying to tell me that
an EVM wallet only works on one chain. And I'm like, well, no, technically based off of how
blockchain works, if it's an EVM wallet, it works on all EVM chains. And they're like, yes,
except for this one, because we, you know, hide your private keys. You don't have access to them.
You can't export your wallet. And now
you're in this kind of limbo zone. Right. So stuff like that, like I get it privy. The normal user
doesn't want to care or anything. But for you and I, they have I think they're almost up to a couple
million dollars worth of assets that people have sent to the abstract global wallet and they can't
access. So if I send my board aid to the abstract global wallet, they can't access so if i send my board ape to the
abstract global wallet that's a board ape burned no one can access it that abstract wait wait wait
100 bro 100 you cannot access anything on a native abstract global wallet that isn't on abstract
plain and simple which is crazy like actual insanity so problem with that recently
oh i did they refunded me so like for example i i bought something and it got sent to my abstract
global wallet and it was uh on from eth mainnet and it was burnt it's done like you'll never get
that asset back magic Eden just gave me my
money back. And they said, GG's. And I talked to the abstract team. And they said, that is not
something that'll ever change. So it's stuff like, yeah, that sounds good for the front end and for
adoption. And hey, you don't need to understand anything. Just put an email in there. But then
you got people that, let's just say for us, or even a medium user who knows a little bit more or who tries to utilize their knowledge.
And you can't even utilize your knowledge because now it's no longer even regular blockchain or regular EVM.
It's now their own version of EVM, their own version of a Solana VM.
So that's what we're getting now.
But can't you still just use a regular
wallet to connect you're talking about their specific wallet right yes you can use your
regular wallet connect to abstract interact with abstract do whatever you want if you go through
their portal and you set up with their wallet their wallet only works on abstract and that's it.
You can't export that wallet.
You can't do anything on any other chain with that wallet,
even though it's an EVM based wallet.
So technically, infrastructure wise, it should.
It just doesn't.
We always talk about like,
we never talk about Bitcoin development.
And I found this yesterday,
just kind of doing some research on some runes.
What we always talk about, the only fucking thing I give a fuck that needs to be developed on Bitcoin is a fucking Dex,
where I could swap my runes into fucking a stable coin.
And there's this app called BeFi Labs.
I don't know if you ever heard of this, Chief, but you can basically hook up your Xverse wallet to this thing.
And it's similar to dbridge and uh yesterday i converted some runes into usdt ethereum and it basically sent it to my ethereum
wallet and i could swap like uh you can do that with liquidium you can do that with liquidium too
so this one does cross chain now for for loans so you can swap cross-chain, take out a loan in USDT, USDC,
or whatever, and just use runes or whatever you have on the Bitcoin side of things.
Yeah, because I don't think everybody knows that this is even an option. When people get runes,
they go directly to Match Eden and start listing. Obviously, you have a Mexi account or a Gate.io
account. I don't know if anybody can do that in america you can go mark
the market dump that if you want dot swap so you got a couple new options i mean you could you've
had these liquidity pool options right dot swap uh sats terminal um a couple other ones right um
now magic even a couple hours ago actually came out and they fully integrated stats terminal
for swapping so no more order books is what they said.
And they're now shifting into a full,
I guess you could say the closest thing to an AMM we've had so far,
which is interesting because this was supposed to all happen through Spark.
And Spark would require, I guess, just new setups of liquidity pools
and just basically a revamp of the the
quote-unquote magic eden vm um so i don't know if this is still with spark or not or if this is
just a solution temporarily while people are growing so i know we never talk about it bad so
i just want to you guys be aware if we are getting to root season there are other options for you to
basically get your liquidity out with other than
other than listing on magic unit just want to let you guys be aware that that's available
experts too experts inside the wallet itself you can do swaps inside so i know that i used dot swap
in the back before and it just didn't have enough liquidity or didn't actually have enough tokens
for me to actually do it so it has to be some of these tops like billy and billion dollar cad and
liquidium are available on these so yeah they of these tops like billy and billion dollar cad and liquidium
are available on these so yeah they're starting the polls are definitely starting to get deeper
now as time goes by but yeah um they were very very shallow early on just since we're on the
the ordinals topic we have the ikuzo right this is from naguib uh he was the founder of ordzar
he's been cooking up a free mint for all the
Ordinal OGs. This will be airdropped to people. The parent inscription was inscribed yesterday.
So I have that pinned up to the top for you guys. And we've just had a rush, right, of these new
BRC 2.0 kind of pre-meta. You had the Adderalls running hard right you had the burbs running and then slowly
doing a little retrace um currently you have i think the chameleons and the punks right punks
dropped the day ago chameleons just dropped their whitelist checker so just for once guys just the
same way as always anytime there's a new meta on the Bitcoin side of things we get bombarded with some low-level grifts and some high-level grifts and just
Overall attention, right?
It seems like to be the winner, right?
Like yeah, the Adderall's Adderall's in the the burbs I would say are the only two right Adderall's I mean
They're just they have an established quote-unquote og as the founder right tom riddle and then the
burbs were probably one of the first brc 2.0 collections that we saw or heard about so you
kind of just got that like that oh we know one person and the other one was actually technically
first but yeah those two are probably your safer bets if you're going to play and then you still
have the alkine side of things right uh the mist butane fartane all that
kind of stuff over there i mean i listened to the arc space yesterday and they're still very much
uh in development for that so what up vgf gm bro what's up g? I joined a little late into the convo there, but I did want to clarify something on the abstract point.
Abstract Global Wallet is powered by Privy, and so it is an EOA exportable wallet.
It's designed to be primarily used on abstract, but it is an exportable, recoverable wallet.
you know primarily used on abstract but it is a an exportable recoverable wallet no no is this one
it can't if you go try to export your abstract global wallet right now it's completely different
key and a completely different i mean i've talked to the abstract key team themselves
their global wallet doesn't interact with anything besides abstract
yeah yeah but you you can take the you cannot seed phrase you cannot because that
would allow you to import that global wallet into somewhere else and utilize it for something besides
abstract global and you cannot do that i know because i was literally refunded i'm about to go
try yeah go ahead you'll get a completely different address.
I'm not saying you're wrong.
I'm just saying like powered by Privy.
I've done that process before.
And so I'm very curious to see what it is now. Yes, go ahead.
Like I said, it doesn't make sense because it's EVM compatible.
And, you know, we've seen alternatives.
But this was direct from the abstract team.
I mean, I got a refund from Magic Eden
I'll give you the number of the burned asset that'll never be recovered. I mean, this is a that's that huh?
No, I'm saying that's sad. Yeah
I mean, it just didn't make sense because of it and that's uh, that's just it's one of those things that for us as
Users as power users or that people that understand the tech, we say, why, why, why?
But as someone on the other side, they don't give two fucks or care or even understand what we're talking about, you know?
No, for sure.
No, and that was the point of the conversation that I must have missed.
But that's why I wanted to clarify.
Yeah, I mean, thank you for the context.
I would say if that's true, Chief, you can export and get that asset and now you got a refund plus oh do you really think that i didn't do that come on baby
just when i had joined and the way that it was phrased without context it it sounded off and so
thank you for the context all good babe how we doing slow gold what's up man how we
doing hey guys can you hear me yeah you're you're whispering bro so you got to speak into the mic
but we can hear you how we doing yeah hang on one a time that I'm yeah, I'm at work a lot. But for I was going to say a couple of things, but there's one thing on abstract, just because it came after the conversation about fragmented liquidity. that global wallet is if people start when people put money in there uh you're pretty limited in
what you can do because you're just in the abstract global wallet so i think that's part of the reason
why some of those random coins and memes are doing so well it's because it's just all that
liquidity is just on the global wallet and you can't really like move it to other chains and do other things and then get caught up with bits of money on like 15 different chains or just on abstract so
uh that's maybe a good thing for abstract i think how do you cash it out can you cash it to a
stable coin yeah so no here's the thing and send the a stablecoin somewhere? No, look. If you go to the abstract portal or the abstract website, log into that wallet.
That wallet is not exportable.
That wallet has to interact only on abstract.
But I can send the tokens, right?
I can send tokens out of there.
I can send the tokens out of there.
Yeah, you can send tokens, you can interact, you can sell, you can trade.
You can send tokens.
You can interact.
You can sell.
You can trade.
If you log in to your Magic Eden wallet or MetaMask or Rabi and you go on an abstract app,
you can connect your Rabi, Magic Eden, or MetaMask and use abstract.
And your money can be used on abstract and on anywhere else.
can be used on abstract and on anywhere else but that has to be a the origin of
that wallet cannot be from the privy slash abstract portal creation yeah does
that make sense it's a good clarification. I think I was saying that in terms of if we think about abstract as being onboarding new users who might not really be that aware of all these different chains.
But that's why it's called abstract, right?
Because it abstracts the way to blockchain.
I mean, sure.
Yeah.
So that's by design, I guess.
Yeah, it is by design.
They say that all the time, right?
This is using the cluster feature that clusters.xyz and Cyrus, they did this on purpose.
It's account abstraction.
You know, I think it's probably a good thing.
Again, if you're just like a new person and you got onboarded, it kind of makes it harder for you to get really i honestly it makes it harder for you to
get scammed right now because your money's just in this kind of like nice little fishbowl that
it's harder for you to fuck it up but uh i i think for them it's kind of nice because it
means the money's also just in a fairly limited ecosystem. So it just floats around in there.
And I just think that's why some of those memes are doing so well.
Yeah, you can get scammed, but you can only get scammed on abstract.
You can only get scammed there.
Well, if you're a new user, that's good.
I mean, there's a lot of fucking ways to get scammed.
So keep it all over there, I guess.
I was going to throw out a completely different thing real quick.
And it's just an observation now that Barachain, I'm just going to throw it to Barachain.
They're going into their V2 for peripheral liquidity, which is live.
You can do single side staking for your Barachain there.
And it's pretty good yield.
I don't know what the exact yield is right now because I don't know that it's been directly calculated, but it's probably up there.
Yeah, I'll put some moon math of what people are saying it is currently.
Yeah, yeah.
So that's one thing, and I think that's posted around quite a bit.
The thing that I was going to throw out
is if anybody is interested
and is considering doing stuff on Veritain,
one of the, I guess, meme coins on there is Henlo.
And I just keep seeing Henlo
throwing out these hints at partnerships.
They threw out a couple that looked like partnerships with Monad communities.
And then I saw one yesterday that was with, what is it, Rich Whale Alliance, which is that abstract name.
So I don't know exactly what they're doing.
But if you wanted like a beta play on Barachain henlo coin is seems to be having a lot of
partnerships and stuff going on so just uh just a thing appreciate it yeah i think in bear i mean
i posted dolomite the bear has a lot of quality protocols right i mean personally i'm not
fucking around with any of the memes like uh in that sense of i'm just preserving my capital and farming protocols and all that
we know these protocols have money and they're probably a little less likely to rug us unless
you're like nav right but dolomite um posted this up top dolomite is a liquid staking platform
uh with reward vaults, reward pools, right?
Go single side stake, double side stake, whatever you'd like.
Their founder is the CTO of World Liberty Finance.
World Liberty Finance is obviously gearing up for some type of ETH staking, RWA plays
going forward. Well, I can definitely see him utilizing or recommending Dolomite for yield for World
Liberty Finance and just kind of name being thrown out there, plus whatever he's associated
with, right?
So currently, it's sitting at a 22 mil market cap.
It's generating 5 mil a year in fees.
All the info about the founders up there. And TGE has yet, oh, TGE
actually did happen, I think two or three months ago. So you can actually look at the Dolomite,
pick some of the token up if you'd like to, you know, get some exposure to that or think that
there will be world liberty finance crossover. So just putting that on there, as we know that Trump
and this whole him front running
narrative the bitcoin strategic reserve just is going to continue to grow and this is in my
opinion a slept on platform right 22 mil easily 100 mil especially just with the fact that he
works on the trump team or can plug himself in so to speak so i wanted to put that on you guys's radar
and you see the ozzy osborne passed away and people sent fucking crypto bats to fucking like
0.1 eth bro yep like crazy that's crazy dude like this like reconfirms the thesis of like
these artists no matter if they you know if they have an nft or just any collectibles go up in
price when these people die.
That was a good time in the space, bro.
I remember when CryptoBats dropped.
Me too, dude.
That was kind of when I got into space.
Ash Robin was a community mod in there.
That's where I met him.
It was in CryptoBats.
But I know a lot of people talk about, like, Takashi Marikami all the fucking time with this. Like, if you ever know, my collectibles are very high.
I mean, that kind of reaffirms that fucking statement and so i don't know i even saw that clone x was up
to like 0.3 just the other day and i don't know if there's like some acquisition that's in in there
but like i couldn't understand why that was never never an acquisition bro never an acquisition that
nike check um put them dead in the water forever you know yeah
because i mean like you can't you can't sell that to someone because it's actually branded with a
nike check you know and so what if they go off and do some fuck shit and then the characters that
they did fuck shit with were the nike ones. And then now you're liable.
So it's like that literally was a very, very like a blow to them that it prevents a real CTO.
Doesn't mean that community people, whatever can't happen.
But like that sense of Nike not coming at your door, that Nike check kind of puts a damper on it.
Yeah, it's CTO season.
I just thought it was odd because uh you have like
sappies at 0.5 and you have clonex which is basically a rug project at 0.24 and then gutter
cat gangs at like 0.1 didn't someone like cto gutter cat gang like a year and a half ago and
like there hasn't been any like updates on that and it's like half the collection size i think
it's like a 4 000 collection size but clonex at 10k and they're coming to bitcoin and they're and they're going to bitcoin you got gutter cat gang coming up yeah i think you got
100 or something of them going to bitcoin oh my god that's crazy um go ahead english what's up
brother how we doing yo yo yo yeah i don't want to be that guy because like nobody really cares
anymore but like i don't know i think like, Chief is this type of dude anyways. You know, I'm not anyone to go out of my way to say things. But since you brought it up, he wasn't a community mod. He was the community manager, never spent one day in discord, got paid 100 ETH, and then tried to like, put all of his people that he got in there from promoting it into his alpha group.
Failed with the group in terms of the alpha pass.
It was actually bullshit the reason that he got crap about it.
It was just because of the art or whatever.
But it just goes to show that things were kind of bots together.
And I don't think he's a bad dude per se, but that is the way that it went down.
dude per se but let's that is the way that it went down like let's just leave it at that
Let's just leave it at that.
and um you know it was a wild time back then when mods were getting paid you know 10 eth you know a
month to like run like some crazy discord that was wild and everything um but he wasn't a mod he was
the manager that was never there one day he had a stream on on youtube so jpeggy and the other
people used him as much as he used them and And, yeah, he took 100 ETH and bought a board ape.
Shots fired. Shots fired from English. I'm about it.
I'm just saying. I remember.
No, I get it. I like it. I like it. I like it.
Like, if we're going to bring it up, let's be honest.
Like, that's the honest truth.
I have nothing bad to say about him.
Like, I probably would have done the same in the whole thing.
But if we're going to bring it up, let's just be accurate.
I got you, brother.
Yeah, revisionist history.
We have to bring back the past and make sure everybody knows what's going on in the space.
So shout out to Inglis for bringing that up.
I got two things left.
Hyper strategy.
It's a pre-sale that's going on hyper liquid today.
They moved back to pre-sale to today.
22 hype for tier one. Eight hype for tier two, tier three is two hype.
And basically what they're trying to do is basically a micro strategy kind of thing on Hyper EVM.
So it aims to mirror micro strategies approach by focusing on acquiring and looping hype tokens through on-chain convertible bond protocols.
bond protocols.
The participants provide capital in USDTO to receive convertible bonds, which can convert
into hype tokens and an un-pre-determined strike price is breached.
They are claimed their principal.
If not, the protocol emphasizes decentralization, transparency, accessibility to treasury management.
So I've seen a lot of people were eligible for this.
It is kind of expensive for tier one.
22 hype is, I think like four or five k
but if they're going to basically do a micro strategy on hyper liquid with hyper tokens
you would probably expect the token to probably have a similar trajectory as like an aspect
or like a micro strategy so they might have it all figured out maybe this is the new way of
launching tokens is just buying the token, burning it,
and then being able to purchase hype with it
and shit like that.
So that flywheel that Michael Saylor made relevant
is now coming to your own crypto blockchain
and now it's coming to Hyper EVM.
So that pre-sale is live today.
You guys can check it out.
Might not be bad to check
and just have that in your bookmark
to see if the price continues to go up
or if this is a failed experiment.
And then it's the last thing. There is some new uh open sea has some new challenges
up today and there's a lot of soul stuff kind of getting more into soul uh over there and then
today inside of their discord they have one of their guys basically focusing on meme point trading
there's just guys goes to my thesis that open sea is moving more and more and
more into fungible tokens and moving more and more away from non-fungible tokens so maybe you know my
thesis is like a centralized order of perp trading man even think seeing this guy open up meme trading
there might be a meme coin launch pad in open sea similar to pump fun dude like pump fun might be a
place where you can launch like meme coins on all blockchains so they are moving uh down that down that curve and i'm just kind of curious of how
much they have because uh chris madden basically posted a screenshot of the calendar for august
which is full and he says they're swinging for the fences so i would imagine they're going to do a
lot of stuff that's already been done on other chains and maybe come all to open sea inside their mobile wallet which they acquired for rally
but also even maybe on their web app with like a launch pad similar to like bonk and stuff like
that maybe they're doing live streaming i don't know dude but we'll see i think a lot we're going
to hear a lot from open sea in august and uh you guys aren't farming those xp you guys need to be
doing this is going to be like one of the top airdrops of this year so just wanted to put more uh emphasis on going on there and doing it but also just my thesis
playing out that they're kind of moving more away from entities and getting into more just
fungible tokens and you possibly maybe even see a launch pad on there so that's all i got today
you're gonna finish it up uh lighter right I mean, more and more posts about it.
It's becoming harder and harder to get points.
For anybody that does or is looking for a perps platform,
this is attempting, rumored to be, speculated, right?
The next hyperliquid, right?
Isn't that the talk of the town, I guess?
Nothing will ever come close or compare, but you always have that carrot the talk of the town i guess nothing will ever come close or compare but you
always have that carrot in front of the stick i'm going to post just two threads up top one
describing what lighter is just some of their metrics and then some another one with information
in terms of how to earn points it It is a weekly distribution, right?
So what that does is it prevents people
from just coming in and just big banking, right?
Big dicking the whole spread of points,
putting a million dollars
or getting liquidated for $3 million
and getting number one on the leaderboard, right?
The most that that person or those groups of people could do
would be number one for that week, but that's it, right?
So every week they distribute an X amount of points.
It's 250,000 and it's evenly distributed amongst participants.
All the information is pinned up top.
If you're looking for a perps or a dex, right?
Go check it out.
You can kind of play against yourself with other delta neutral positions, right?
You can utilize 1x leverage to try to not really put yourself out there or put yourself at too much exposure.
So two charts, right?
One explaining that they're still
doing 0% fees, right? There's 50% of the actual token supply will be given as an airdrop
and a little bit more in the metric side. And then the next is just a formula for you to try
to figure out best way to earn points. They award points based off of liquidations.
They award points based off of successful trades.
They award points based off of trading non-popular pairs, right?
So if you're only wanting to trade ETH, Bitcoin, and Sol, cool, you get X amount of points.
But if you're out there venturing on something that they just added to the platform or anything else, right?
These non-liquid or not as liquid pairs, you ultimately receive more points as you're providing
liquidity for that. So all the info is pinned up top for LIDAR. I do think it's worth it. It has
been going on for a while now. So I would suggest if you want to participate, come in with a little bit of size
and do this as a, hey, I perps trade anyway. Let me just do it here because they have some
incentive. Don't go to this platform to lose money, hoping that the incentive will make it right.
It's not going to do that for you, right? So if you naturally trade, go there, use it. If
you don't, it's not worth your time and it's not worth losing money in hopes of making money.
I mean, I talked about this in a whole write up in April when the points were basically free. So
I mean, we keep you guys on top of things of new things. And I think, I think obviously it's
a good trading platform. obviously hyperliquid's
taking dominance but like you said there is no whales that could come at the end if you're
consistently trading on it to distribute points every wednesday just zero fees bro if you're
actually trading if you're not you know then this is those fees make a difference in your life you
know yeah and it's also backed by a16z so that's something also that you can look at it's like oh
they're you know they're involved this is going to be a quick airdrop.
And I think that the TGE, he said in the past, is like six months away.
That was back in April.
So you're probably going to see a TGE by October, November of this year.
So you have maybe four to five months to get on here
and accumulate as many points as you can.
But that's all I got.
See you guys in the Foundry.
I'll leave you here for Chief.
See you guys tomorrow.
Appreciate everybody that came out to the TDA.
Appreciate everybody that listened, contributed, came on stage.
Everyone that likes, retweets, those go a long way.
Not only does it help us grow, improves our reach,
but it also helps us get more opportunity for our community.
After the show is over, there will be a thread that goes out,
covers everything we talked about. Use it as a resource when you're doing your own research later, show some love to Allison, she does it for free.
And that's also how we use and one of the metrics that we submit when we're looking for clubs and, you know, to help people go to market.
So we do this Tuesday through Saturday, 11 to 12, 1230 Central, just depending on the conversation at hand.
It's TD Air Stay Poor.
We'll catch you guys inside the Foundry.
Y'all be safe.
Have a good rest of your day. Thank you.
