Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
THE DAILY ALPHA♻️
Recorded: May 20, 2025 Duration: 1:46:22Space Recording
Short Summary
In a dynamic discussion, key trends in the crypto space emerged, including the Genesis Act's potential to reshape stablecoin regulations, the growing influence of stablecoin issuers on U.S. treasuries, and significant partnerships like Gemini's Bitcoin credit card and Magic Eden's collaboration with Spark. These developments signal a bullish outlook for cryptocurrency adoption and integration into traditional finance.
Full Transcription
Thank you. Thank you. Yo, what's up guys?
Long time no talk.
It's only been since Friday, but it feels like forever in this space.
So we appreciate you guys stopping by the Daily Alpha.
Like you guys know, we host a show Tuesday through Saturday from 10, 15 to 12.
This week, we'll have five shows lined up for you Tuesday, Wednesday, Thursday, Friday, Saturday, all an hour and 45 minutes long.
So we do appreciate you guys stopping by.
If you guys give us a like and repost, that's the best way to show support.
If you guys are on Ethos and you want an invite to Ethos, we know, nice things being said about us on the TDA page.
So we appreciate if you guys could do that.
The topics up top are just a kind of a brief overview of some things that we have lined up to talk about.
Obviously, there'll be more things than that, but just kind of what we're talking about today.
So we love you. We appreciate you guys.
you guys we got some big things coming this week so stay tuned we love you and we will get it
We've got some big things coming this week.
So stay tuned. We love you and we will get it cracking.
cracking i guess the biggest thing what everybody was talking about yesterday was the genesis act
which is kind of in the first stages i think it still needs to go through a few different sectors
of the government before it's officially passed but that is something that's pretty big because
you know you guys know over the past four to five years, there's
been a debate between stable coins and CBDCs. And it looks like the government has chose
stable coins as kind of the payment structure for cryptocurrency. And that's great for us
because we don't get tracked by the Fed. And that's great. But I think the one thing that
we were kind of concerned about yesterday was our concern about last week was treasury yields and treasury bonds, which if you guys don't know what that means, that's government debt and how no one is buying any of that.
Like it was skyrocketing.
10-year treasury yields were going up.
30-year treasury yields are going up.
up. If you guys look into how these stable coins are backed, now that it's backed by the dollar,
and a lot of these treasuries are going to have to buy some kind of, or these stable coins are
backed by some kind of dollar now, they're going to have to be backed by some treasuries probably.
So Tether, for instance, which is one of the biggest stable coins in the world, owns a large
amount of our government debt. So I think this is kind of what we were kind of
thinking might happen but now with stable coins now being regulated everybody can launch a stable
coin and now it's backed by the dollar um you're gonna have to have this kind of a reserve of this
and i think a lot of people are thinking this is how we're going to get treasury yields down
um on on uh just in the united states in general so it was up to like 4.8 almost 5
on just in the United States in general.
So it was up to like 4.8, almost 5% on the treasury yields.
And now that a lot of these treasuries
and a lot of these stable coins
are gonna need government debt to back their coins.
I think this might be the way that they actually do it.
So just some interesting stuff.
I have a few people kind of talking about
how this is happening and what's going on.
The first person was Marty Party.
He kind of, what is the benefit of stable coins and U.S. treasuries?
And you guys all know we're super high on Marty.
And he kind of broke this down for everybody.
So stable coin issuers back a stable coin supply with short-term U.S. treasury bonds,
which are T-bills.
This means U.S. treasuries get new buyers of U.S. debt,
which is estimated to become the largest holder of U.S. debt within the five years. This creates significant demand for U.S. debt as issuers need to maintain
reserves and low-risk liquidity assets, ensure stability and redeemability. Here's why this is
a disadvantageous, but this is why it's advantageous for Treasuries. Increased demand in U.S. debt
stablecoin. Issurers purchase T-bills to provide a consistent and growing buyer base for U.S. government securities.
This demand helps Treasury finance its debt at a lower yield and more buyers typically reduce borrowing costs.
Market stability, stablecoin reserves, and T-bills reinforce the perception of U.S. Treasuries as a safe, reliable asset,
further solidifying their status of global benchmark for low-risk investments. The potential scale of the stablecoin adoption grows. Their
issues could become one of the largest holders of U.S. debt within years. As you mentioned,
for context, Tether and Circle, major stablecoin issuers already hold billions of treasuries.
For example, Tether's 2024 report indicated over $80 billion in U.S. Treasury holdings,
raveling some sovereign wealth funds like Japan. Economic influence by trying stablecoin reserve
to U.S. debt and treasury indirectly benefits the global use of the dollar-pegged stablecoin,
reinforcing U.S. dollar's dominance of international finance. So that's kind of what he wrote. I kind
of agree with it. I need this stuff backed by something. And a lot of these other companies
like Tether and Circle already hold treasuries. And so this is kind of maybe the
way that we get these treasury and people buying our debt again is kind of people issuing stable
coins. And now they buy our debt to back it. So I thought that was pretty interesting because that
was the kind of thing that we were worried about last week was kind of this government debt was
going up. And now we have stable coins. and now we have these companies now are going to probably use our uh treasuries to back those
stable coins so pretty interesting stuff and then we had um what is his name um tom bill haggerty
uh was basically on cnbc uh yesterday kind of saying stable coin issuers will be the largest
holders of u.s treasuries in the world so there's that there's that sink now we're all worrying about that last week now we have
these stable coins and now maybe this drives down um government debt and uh now we have buyers which
no one was buying before and uh maybe that you know kind of relieves that kind of uh pressure
valve that everybody was worrying about last week so the one thing that i did see is uh like the yield on bonds
in japan is at an all-time high and that's something that people are kind of getting scared
of because if that becomes the case then there's no need to invest in the american side of things
anymore right they would normally come over here because they'd get better returns and they could
dabble on these and and kind of leverage that but if they can get better yield at home, then, you know, we kind of go into that almost
the same situation as when we had that carry trade earlier on in the year.
So it's just something to consider, too, is that it's becoming more enticing and everyone's
kind of stimulating their economy.
And that applies to people that are investing in us, right, ultimately
are getting now incentivized to dabble and dip back in, like, to their home, right? Because this
whole trade war thing made everybody kind of take a step back and realize, hey, maybe we aren't being
as efficient, or we could be more efficient, whatever it may be, right? And kind of reassess
and kind of reassess things.
things. And so I think that that's one of those things that we got to consider to or look at,
And so I think that that's one of those things
that we got to consider too,
or look at that is no longer as attractive as it was
to kind of just invest in the United States anymore.
Right?
Yeah.
I mean, I was listening to Arthur Hayes
on a Bankless podcast this past weekend,
and he was like,
buy everything except treasury yields
and shit like that.
He's like, I'm in T-bills,
but don't buy
10 year 30 year like the stock market's gonna go up uh they're gonna have to print money and you
know the stock markets are gonna know crypto is gonna go up um but he says do not buy treasuries
and that was before this announcement and now that we have the stable coin act i don't know if that's
still in play but there's a lot of uh people are kind of saying the opposite is like you buy crypto
you buy stocks it's all gonna go up because the money printing the volume of the dollar but do not buy treasuries at all so
i don't know man i do think this is a sink uh i mean if people you know you've all seen stable
coins go berserk lately like everybody's launching their own stable coin and if you're going to
launch i'm bullish on five dollars stable coins bro when are we getting the pump i haven't seen
the pump i think it's a scam i've been here for years 99 cents bro and then maybe a dollar too i mean that well
those deep pegs are juicy i mean you see motherfuckers talk about that but yo and if it
actually deep pegs you see people eight millions of dollars to win that like 50 cents on every coin
yeah i mean the biggest winners obviously are going to be the layer ones of this. But Ina, which we talked about forever, we saw, you know, David Sachs and Chamath are like big investors in this.
And they're part of the fucking government, basically.
And I was telling you, like, Ina is probably one of the top plays.
Aave, Maker, Curve, all like going berserk in the past 24 hours based off, you know, the stablecoin regulation.
Aave's up 14 curves up seven percent
enos up one percent um so yeah obviously the layer ones like ethereum and other and tron
are are also going to be uh stuff you need to be look at and fucking justin's son was out there
you know last night saying this can be a big day uh this week lots of big announcements so
you know now that you know stable coins are the top of the mind share uh maybe look into some of those uh some of those coins i know they're not sexy i
know nobody on crypto twitter talks about tron or athena but these are the ones you know that
might be good short term you know leverage plays and stuff like that now that this is gaining more
mind share in general so so we're gonna bring that up did you see uh fucking jamie diamond
on stage saying he's gonna fucking fucking, is that his name?
Jamie Dimon?
Saying he's going to defend our Bitcoin rights.
The same guy that shut down your account for using Coinbase is now advocating, saying that he's going to fight for your Bitcoin.
Yeah, it was snake poison.
I mean, if you guys know anything about it, when Jamie Dimon and JP Morgan in 2017 called, I mean it was 2017, 2015, I forget.
jamie diamond and jp morgan 2017 called i mean it was 2017 2015 i forget uh called basically uh
bitcoin rat poisoning and has zero value that dropped the bitcoin price like i think crazy i
forget the total amount but it was one of the those headlines that made everybody capitulate
in the market and now jp morgan will not hold any bitcoin in custody but will allow customers to buy
it so yeah and that was i mean that was to buy it. So, like I said.
And that was, I mean, that was bad, bro.
Like, you would literally, like I said, I had my account shut down.
You'd just buy it and one day they'd just mark it as fraud.
I'd be like, do you know what you're doing?
They're like, yeah.
They're like, okay, because you're taking your money off of our platform.
And I'm like, yeah, that's cool.
So, it's just wild that now, you know, it's zero to 100.
It's a scam until it's not
you know that's why it's ultimately best for you to make your own decision and understand why
people say it's a scam or you know what the narrative actually is so i just thought that
was a bigger headline in my opinion for the normies you know yeah he's he's the clown we
got bongo up here what up lord what up b What's up, guys? How are we doing this morning?
Hey, Bongo.
What's up, man?
Just farming?
Yo, yo, yo, yo, yo.
Relax.
I'm just washing some dishes.
What up, dude?
I just came up here to say hi.
I try to come more often, but I haven't been able to.
But I like it in here, and I'm enjoying the conversation.
What's good?
Not much, man.
I mean, obviously the market is somewhere at a capitulation point.
I don't know.
I mean, we've been above 100K for a while. I'm looking at a lot of just like ETFs in general.
Had one of the biggest inflow surges of $40 billion.
So that's bullish.
We're getting spot buying, black rocks. It's just crazy say like that though we're at a moment of capitulation you
would think that bitcoin's at like 70k bro and you look up and it's at 105 and it's like i've
seen a lot of posts like that right of oh ports are almost at quote unquote all-time highs and
you you open crypto twitter and everybody's just fucking angry and hates it and no one's having like a good time.
Everybody got money.
No one's having a good time anymore, you know?
It is called Bitcoin dominance.
People don't like it when BTC is dominating
because most of them are bozos
and they don't have any Bitcoin.
Exactly, because they think it's a boomer chain.
Like, what is it going to go up to 5%?
So everybody's in these altcoins
and ready for people, the Bitcoin to capitulate like it's done previous cycles. And the reason why it's not is because institutions
are buying, dude. They're buying through ETFs. That's why it keeps going up. They're not going
to fucking sell their ETF and go into fucking meme coins, guys. It's just, it's the Bitcoin cycle.
All roads lead to Bitcoin. And hopefully, maybe some stuff does get some, you know, mindshare.
But I mean, you're not going to get the same kind
of altcoin seasons we have where bitcoin dominates and it sells off and it goes in ethereum then it
goes into solana that goes in l2s and goes it just has to be strong enough to run in tandem
and if it's not it's not going to happen until it can start running together you know it's not
going to really happen so we need more money so it can run together so there's different things
to do right now we only have one which are the bitcoin people oh well this is the only thing that interests me you know so yeah it's like one of
those it's not going to be the same cycles i think you're right in that sense it's just now i don't
even think it's going to be initiated by bitcoin dominance dropping it's going to have to be
initiated by just liquidity in the market and interest in those alts and it is the same in a
meme coin ecosystem you first need a winner like
a big winner and then it trickles down to others and people don't seem to get it like it's btc time
yeah there's gonna be plays they're gonna be there's gonna be digging stuff and opportunities
there's many opportunities right now but at the end of the day until we get you know bitcoin really
ripping and and giving us new all-time highs, I don't think the trenches are going to move much.
But we've seen some recovery.
Like, you know, the trenches are moving a bit.
And you see winners every day.
And even originals had a little pump in recovery a bit.
So, you know, things are moving a bit.
I agree, dude.
I mean, we had BlackRock bought almost 3 000 bitcoin only 450 were mined
we had gold etfs saw this biggest outflow of 2 billion last week the largest outflow since 2023
so a lot of people are speculating that you know maybe they're selling to buy more crypto
and then just chart wise um this is what i I'm saying people are kind of hesitant on what's going to happen here.
I have Ali Charts, which is the bearish one.
He says, it's time for Bitcoin's all-time highs.
Here's what to watch.
Price at major resistance, hanging man candlestick pattern, bearish RSI divergence, MACD bearish crossover, momentum is is stalling. Caution is warranted. And then we have the other
side, which Nick talks about why the Bitcoin golden cross is so bullish. So we're getting a
golden cross on Bitcoin. Historically, that has led to big rallies in the months that follow.
September, we had one in 2021, 51% up. January 2023, we had 58% up. October 2023, 144% up. October 2024, 66% up. Only a few days go.
And so that's why I'm kind of looking at ETFs and stuff, because that is kind of spot buying.
That's more healthy than leverage. And we've had the biggest ETF inflows over $40 billion
in the past week or so. So that's making me think I'm more bullish. And then obviously,
the sentiment on the timeline is a little euphoric. We have a lot of people delivering now that the
market feels like it's back. So I think sentiment-wise in our brains, I feel like we all
think it's going to go up. And I think a lot of projects are going to launch stuff. And there's
going to be airdrops. And there's going to be opportunities where people are going to be,
okay, this can't be bearish. This is going on.
So I think sentiment-wise, I think we're back.
And kind of looking at ETF infos also make me think like there's stability there.
There's actually buying.
So I do think we break $104K.
And I actually think that we probably break out in the next 12 to 24 hours personally.
So I don't know what's going to do.
But I think we break out to $109K on9K on Bitcoin. And I think, you know,
I think there's a God candle on ETH coming here relatively soon, probably in the next 24 hours.
I have a long out. Obviously, I have some skin in the game. I'm looking for 2.9K to 3K
in the next coming 24 to 48 hours on Ethereum. So I'm thinking that we're going up.
I might be wrong. I'm a little euphoric. But I mean, Ansem even put in a post out there saying that he thinks it's $133,000 by July.
So I mean, we could go back down to $97,000. But a lot of people are suggesting that, you know,
we're kind of bouncing here and it's going to kind of be a bullish summer. And we'll see, man.
I mean, golden crosses are typically bullish. And we got some etf inflows and we just got a
lot of kind of bullish stuff that's happening in the market that kind of creates uh creates a nice
little uh intersection of you know retail and institutions kind of getting bullish at the same
time and kind of going up at all at the same time so that's what i'm looking at i mean arf what are
you doing brother are you are you in alkyn? I saw that there were some things pumping in Bitcoin
this weekend.
I think I've been farming
that since November or whatever.
Just loaded pups on there to farm
the XP, loaded the
Bitcoin puppets. There's a bunch of
assets to farm XP, but I ended up getting
some fucking
Alkane pandas dropped.
Orbitals are essentially ordinals
on alkanes and uh yeah it's really like code heavy and then there's not like a launch pad
to launch these things what are they called orbitals orbitals yeah they came out uh t flow
dropped uh the pandas yeah yeah t uh and i know like lifo helped with like some airdrop stuff
um but yeah i got i got
a few just airdropped and then i think they were like 60 bucks secondary they're like 250 now
so fucking bullish on them getting some action over there they're they're the first ones like
the first 10k as well so it's like i think that just first is first is gonna as long as they
like orbitals and alkanes cook i would assume that these continue to you
know is that what's the price right now on i'm in dollar amount like 250 or something like that
where were they probably like last week bro like a couple days ago they were like 60 bucks
okay so they have pumped a little bit but like you all know the first is first bullshit and
obviously they are fucking ugly.
Send it to zero.
I mean, if they're going to pump that shit on Alkanes, I'm bearish.
Are you so worried about that?
Arthur Hayes is the main KOL behind this shit, though, right?
He didn't even sell out his collection, bro.
Let's not go to Arthur Hayes.
Let's not talk airheads. Can you guys be quiet until the airdrop happens, please?
Yeah, he didn't even do that.
So don't...
Don't eat this Arthur Hayes.
I'm just telling you that people follow him a lot they didn't follow him into minting though
they didn't follow him to mint the airheads they left that bitch at like 30 percent minted i'm not
gonna lie i'm up on the mint though even uh so they kind of it's true it didn't make out at all
they like closed the mint and then uh i think if you buy a whale pass like you'll get a bedridden uh airhead so they're doing stuff with like what's in there
and i don't know what they're doing with the rest of them i honestly don't but yeah they definitely
had to close the mint because it was just fucking dead they fumble but they have done a really good
job since then i mean they they kept going they rally the community they increased their floor
price and they they've been crushing it, honestly.
I mean, it's the most interesting thing or where the liquidity is right now within the Bitcoin ecosystem, within the CT Bitcoin community.
So they're doing pretty well.
And Alkanes and Methanine, the two top meme coins, those are like 17 million market cap and 14 million market cap
you know that's performing better than most of og runes that's billion dollar cat market cap so
they they've been doing a good job and they have good volume good traction yeah it's kind of wild
and they're gonna have like uh i keep hearing him talking about like people are asking you know can
you like bridge runes there blah blah blah i guess there's gonna be contracts where you can uh
bridge runes there blah blah blah i guess there's going to be contracts where you can uh burn runes
to bridge there because they have like a filled with air rune that was inscribed by airhead's
team and ship and that's going to be burned to uh alkanes at some point so i'm assuming that's
like part of the airdrop but you could also technically like do that with runes like i don't
know how this all shakes out i don't know that i'm gonna be burning my runes anytime soon bro but uh yeah i'm down for airdrops on alkanes like
i think that's the alpha right like just farm the fuck out of the wallet is it oil wallet yeah like
oil wallet is where you can hold if you have existing assets like i've mostly gained most
my xp from just parking runes there. And, like, a couple PFPs.
And then if you've minted the airheads, you got, like, a nice bonus.
And then if you hold airheads in there, you get even more XP, like, depending on what size they are.
And then to buy these fucking pandas, it's the ID Club?
Yep.
So, like, ID Club is where you're going to want to go to go to like purchase secondary either alkanes or uh orbitals aka ordinals on alkanes and then you need like an oil wallet just like
get one of them and load it up with bitcoin and it's super easy and they show up in there i don't
think they show up in other wallets but even if you got airdropped one just like import that seed
phrase into because i know like uh wizards of orb they got airdropped
some pandas so like if you have one of those you might have one uh so maybe check that like just
get an oil wallet and set it up i don't know bongo do you see matthew howls barbie um vp growth of
kraken investing advising in crypto um he says runes uh so maybe he maybe that dog in his name for like the last week or so
They've been
Centralized listing like has there been rooms on like sexes yet?
Not the Bitcoin version of things that's the thing too. It's like
The no one specifies that it's the sole version everyone like, dogs on this and dogs on that. I mean, the coin is.
I mean, if that's the thing, if we're promoting a coin and we're not promoting the Bitcoin part
of stuff, if that doesn't matter, then full fucking send, bro. But these aren't Bitcoin
memes if we're sitting here promoting the sole fucking pair, right? Or the Cardano pair or the
whatever pair. I mean, like, let let's be honest All of these apps are using
The solvers in one at least for now, right? I mean slingshots trying to go by and implement the
Bitcoin runes one and they're a little slower and that's on purpose because they look at you and they say we're using Bitcoin
L1. There's no way for this to be faster, but
For now, it's all arch network arch network in june and shit like
maybe that changes things a bit i think but yeah it's like it's mostly like soul pairs it's like
moonshot right like pups got there immediately and like ran like fuck when it happened nobody
really cared either that it was a soul pair right which i don't know i think people don't really
care as long as like number goes up and they can trade it easily like that's what people want
but i don't know runes are gonna suck for a while but it's i think kraken's talking normal runes like getting listed
which yeah that's big bro and if you get dog there like you kind of need dog to win for all
these other things to win it's got mind sherry's got his bottom do you think the game changes if
they can actually list l1 yeah of course i like look dude like it's uh it's hard and difficult to
like trade these things but that doesn't mean it doesn't get better.
If you look at the Ordinals protocol,
it's constantly getting worked on, right?
The GitHub gets updated, new features.
No, I meant better as in,
if we get Kraken as availability for runes right now,
does that put a wrench in ARK?
ARK, does that put a wrench in OIL?
Does that really stop them in their tracks? they're all developing to quote-unquote
Beat that right? I mean that's the thing
We can't get on an exchange being a Bitcoin or whatever if Kraken comes out and says well, yeah, you can't here it goes
I mean that's technically like full send back to where we were at
We don't have to jump through hoops, risk contract, mitigate, none of that bullshit again.
I think it starts like a catalyst of just like more runes getting listed on Kraken and then pressuring other tier one exchanges to get them on there.
So I think that's very good.
Yeah.
Does it kill like what Oil Wallet and Alkanes are doing?
I don't know.
because that's like they have like you can do like evm type programmability with like alkanes
Because that's like, they have like, you can do like EVM type programmability with like Alkanes.
it's very like in-depth and i'm not like a fucking codor but i'm like read all the docs and everything
and i don't know that they just go away because you could do cool shit there and like china seems
to love it um and then like arch network i don't think they're going anywhere either like i don't
think it kills any of that because that just unlocks all kind of other programmability for uh
you know right like regular runes and ordinals and just Bitcoin in general,
to be real, as a financial institution for people to come in.
So I don't think it fucks with anything.
I think it's just like you're going to see a pump on runes.
I'll say that.
Why not?
If they're getting on Kraken and that happens,
eventually these other tier ones are just going to have to get on board,
especially if
there's volume like they're gonna want a piece of it so i don't think i don't think any of it
really messes with anything like and once everything goes stupid silly you know like
there's gonna be runners all over the place so i don't know i'm gonna play around on alkanes and
runes and ordinal like just whatever they got going on where the volume and right now it's like
alkanes actually getting like the pandas are getting really good volume especially right so i'm gonna see if i can get into any other mints there and whatever else
happens but yeah tier one exchanges with regular runes i'm mega bullish on that uh kraken shout
out to them just because like nobody else is really trying it feels like bro it's like come on
uh so yeah hopefully soon it's in his fucking name like it feels like an obvious bet to just
buy top runes and wait for exchanges
No, I like that's kind of yeah at this point. I do actually feel like there's enough
Smoke to where there's probably gonna be a fire relatively soon, right? But I mean I'll speak for myself
I've runes hit like a tier one. I mean I'll a the same amount if not more and I'm not going over that
I could give a fuck less about all kinds i think
that that trickle and domino effect will outshine just due to the mere attract everyone's bag heavy
everyone's gonna immediately change to start bull posting their old room bags because everybody's
bag heavy and then it's going to cause an exchange i'm not saying that those won't have value
but i do think to those people that didn't want to bother with anything that's L234X or any kind of smart contract vulnerability, I mean, I have Bitcoin just chilling because I don't want to go down that venture curve.
I mean, I came here because I didn't want to go down it, right?
Yeah.
I was sold on the idea of L1.
Like, it's confusing, right?
Like, nobody wanted to fucking even download an oil wallet and they were like, oh, there's no mobile wallet. No, it's not's it's confusing right like nobody nobody wanted to fucking even download an oil wallet and they were like oh there's no mobile wallet there's no no it's not that it's confusing
it's that i came here for assets on l1 bitcoin bro it's not confusing that is pretty fucking
simple oh yeah easily you know that's it that's the the primary reason why i came assets on l1
bitcoin anything else between that is me trying to make number go up on my bag and i mean i'm
gonna just be honest that's it yeah that's kind of my my outlook with the alkanes to be honest
like i don't even know if this is a long-term thing like nobody knows about anything in crypto
but i do know that there's like opportunity there right but i agree with you where it's like
ordinals and runes like i don't know i i'm like all in on that long term i don't think they're
going at fucking anywhere at all and like like another thing about like yeah we got arch network and all this other stuff
coming but what i was saying is like they've updated the ordinals protocol and like more
stuff comes out and you could do more things with the ordinals same thing with runes you know like
we're getting like upgrades to runes as well when there's ord updates and there's been some
updates that are like okay like we might be getting towards like easier trading just natively on the protocol and it's it's just like it's going to take time right
but like we're seeing i mean not even everything's even active too i don't think we even have
cenotaphs to where people can play around and actually utilize what cenotaphs do shit out of
me bro i i remember hearing about that early on and it was like you're gonna lose all your bags
if you fucking get well that's the solution for any of these l2s to actually fully bridge i mean if any if you actually think
about it that's the only way that you can remove your assets from technically l1 the rune remove
all those tokens through a cenotaph and then like mint them slash bridge them on to wherever you want
and you're not fragmenting your liquidity like that, right? It's an actual, like, we migrated to Alkine's protocol.
So, I mean, that's the only real way that you can have it verified on the chain
and transactions and stuff because it's built in to be burnt
rather than you just sending shit to Satoshi and playing that route.
So...
That's why I smoke with Kraken just because I know you just mentioned the dog.
I think it's a different person.
That's Arjun Selfie is the one that has dog and he works for kraken but this matthew guy
is totally different he doesn't have dog in his bio at all he's just said runes but he's part of
vp growth for kraken so there definitely seems a lot of these badges with kraken are talking about
runes and that makes me smoke there's fire it's probably coming relatively soon if they're all
talking about at the same time so yeah and i'm bullish on the fact that it's smoke. There's fire. It's probably coming relatively soon if they're all talking about it at the same time.
So, yeah. And I'm bullish on the fact that it's runes.
It's not Bitcoin meme coins or all this bullshit that everyone's trying.
Yo, this is what the protocol is called. This is what the token standards called.
It's not, oh, we're trying to, you know, it's runes.
Whether or not that that's how we're going to get a lot of people in the door, whether that's a good marketing name or tactic at all.
I mean, we got to change that or come to consensus.
But the tech, the protocol is called runes.
And so that makes me bullish that they're actually tweeting that and not the whole Bitcoin meme coins or Bitcoin JPEGs or whatever everyone's trying to change it around to be.
Yeah. What do you think about the changing of fucking bitcoin to start satoshi's the
bitcoin in general you think is that i like it to a certain extent i was talking i was on a long road
trip yesterday with my pops and uh we were just you know talking in general and i mentioned that
you know unit bias and just kind of explaining him about doge and people look and they're like oh look
at doge it's so cheap and it's going to get to the price of bitcoin and i'm like it's impossible you
know like that's literally impossible that can't happen and people don't grasp that kind of stuff, but
He was saying that yeah, it may even for him
Like if you say hey i'm gonna go buy, you know
Let's just say five bitcoin or I got 20 bitcoins or something like that
It makes it a little bit more sense because it's somewhat off-putting to even try to share with people
If you do have some or whatever it is
because you don't know how much you really have right you're always like oh i got 0.001 or i got
0.036 or or something like that and if you can just say yeah i have 300 bitcoins people like okay
cool so i think that the interesting part though is because technically word wise we'd be increasing
the amount of bitcoin that existed, right?
Because, I mean, the standard is you can't increase Bitcoin.
So you're not changing it on a fundamental, on a tech level it's not increasing.
But it is something that we've always said, right?
That you can't increase, like Bitcoin doesn't grow.
So this would actually increase it, what, by 1,000x?
Because it would be each individual Satoshi would be a Bitcoin?
It just eliminates decimals.
I guess that's kind of the easiest thing to think about.
Like when you go to a coffee shop, like give me .00002.
And now you're saying, all right, just give me fucking like a thousand.
Like five Bitcoins.
It'll be like, give me five Bitcoin or five, whatever.
Yeah, 5,000 Bitcoin or whatever it may be.
But the thing about that too is you can't extrapolate it on the high end side, right?
Because we've seen examples of that where it's fucked off too.
Like, I mean, now Argentina's economy is a little bit better.
But when I visited last year, I mean, 100 US dollars was a wad full of cash, bro.
Like a fucking like put it on your ear and I'm thugging a wad full of cash.
fucking like put it on your ear and i'm i'm thugging a wad full of cash and i had to like
pay and it would take like 40 bills to buy a coffee or something right just because the value
of the actual uh the money was so low but you don't want to do that either right you don't want
to go up and tell someone yo it's going to cost you 5 000 bitcoins for your coffee because and
then now you're you're on the opposite side of the unit bias You're like no, no, that's that sounds like a big old number and I go no bro. Don't worry. It's six dollars
So I think it's like finding the right medium
good Bongo
Yeah, I get the point but I think it's easier to educate people on sad and it's like we have
Pennies in a dollar you have stats in a. And people should start using stats and denominating stats.
It's just education around that.
And we win.
Yeah, I mean, even I talk to people, just normies in general,
they don't even like, I don't have enough to afford one Bitcoin.
And they don't even know there's fractionalized, there's even stats.
So just like, I don't know know maybe that's something that would ease use if people understand like one bitcoin equals you know six dollars or some
shit instead of you know buying a fraction of it so i don't know i'm just trying to think of like
normies coming in the space they don't even know like i can't afford a hundred thousand dollars
like you know you could buy a fraction right so i think keeping it with kind of one bitcoin equals
six dollars i think could onboard more people.
Just like Chief said, like unit bias, right?
We see that with Solana.
We see that with Cardano.
We see all these smaller coins.
Everybody is attracted to those because they have more of those coins than just one.
Because they feel like their dollar goes further, right?
Because a lot of these people are playing with very limited funds.
So when you sit here and you're like, I got $ and i'm gonna buy a coin that's 50 cent i feel like i got i have a more let's just say bullets or chances to win then if
you sit here and you're like well the token's five dollars and you're like well no no i only got two
chances to really win with that if i use my 10 bucks right now you know or whatever it may be
like that unit bias makes it feel like it's a lot heavier of a decision when it's the
same decision as you buying ten dollars worth of some shitter or something that's at fractions of
a penny you know but psychologically it's it's not the same 10 bucks what's up brother hey guys
how you doing um yeah unit bias man it still messes with me sometimes because I'll be looking at Bitcoin
and thinking, why would I dollar cost $10 a day of Bitcoin right now when all I'm getting was just
like all these little amounts of sats? It's like, because it's Bitcoin, you know, like
shelve the unit bias and just DCA Bitcoin. Like if you've been doing that for however long now,
like if you've been doing that for however long now you should be happy but um i just want to
tell you guys about um you know i like to support other people that are doing stuff at the space
especially long-standing members of the tea and uh my homie dow man is definitely one of those
people he uh produced and edited a show about crypto that I'm excited to watch.
I don't usually get excited about shows about crypto because most of the ones I've seen are pretty terrible.
But I'm excited to see this one.
Dowman has also worked on Shark Tank.
He knows what he's doing.
So I thought I'd share it with you guys in case you want to check it out.
It's called Crypto Nights.
And you're going to probably have to have a VPN if you're not in the UK to check it out um it's called crypto nights and it's uh it's um uh you're gonna probably have
to have a vpn if you're not in the uk to watch it until it's available in the u.s but uh yeah
what is it about it's education and crypto or what it's like a shark tank type show um you know
where they're trying to find uh i need to watch more of it i've only seen the cold
open and that was a while ago but it's like a shark tank style show um which is not new to the
crypto space you know we've seen a lot of people try to do that or at least a few different shows
ever on there i think that play ember on there for this season i saw his post or i was reading a
little bit more about the show and i yeah i think play ember was the team
it was two teams that were there featured going through kind of the the experience
yeah i was just gonna say adrian greenier is the host he i think he does a pretty good job of
hosting haven't seen him in a while it's been a minute since entourage but uh he's a good host
and um they've got some quality uh people on there as far as the panel so
be interested to see uh i'll i'm gonna watch it all and i'll report back uh and let you guys know
what i think of it but uh down man's a homie and super super i mean mega talented dude otherwise
i wouldn't be sharing this with you guys so yeah shout out to down man bro in the chat love the guy
um was that meme house
is that a troll or is that fucking real bro that was my fucking idea of getting these meme traders
into a fucking house and let them fucking go join go be the director bro it looks fun it looked
great like a great time give those motherfuckers like a thousand dollars and let them fucking use
all their telegrams and community and copy traders and see who can go the farthest, bro. Can you imagine the smell?
I was just going to say.
The pool's for jumping in there.
The pool?
Are you one of those people, Lex, that like, yo, I went swimming so I don't got to shower kind of dude?
I'm saying that's how they are.
They're like, oh, I smell.
I'm going to go jump in the pool.
There's those people, bro.
You be on vacation and you're like, yo, did you go shower? You're like, no, we were in the pool all day. And you're like oh i mean like yo there's those people bro you'd be on vacation and you're like yo did you go shower you're like no we were in the pool all day and you're like what
oh hell no that's where they're gonna pee real quick that's gonna go jump in the shower because
they smell and get back to their computer they only got to be there for 30 seconds
and they feel rejuvenated and back to the screen so yeah man a lot of chlorine in that pool bro a
lot of chlorine in that pool i've always thought that would be a good reality show let's just get
those in there i was thinking one of just getting like a stadium
together and have like phantom a sponsor and give everybody like 50 bucks and the last person
didn't jakey i thought so jakey had his whole like in canada or something i had a show that
he had a bunch of meme traders i don't know he teased it a while back so i thought it had already
been done on the soul side of things but yeah last person standing wins like a cash prize you like phantom
sponsors it everybody downloads the phantom wallet they give them 50 bucks and then whoever is the
last person that has whoever has the most money by the end of the 24 hours wins like a grand prize
of like a hundred thousand dollars or some shit i always thought that would be an interesting kind
of trading challenge but like just having these people inside of a meme house and recording that, you can really see
behind the curtain of how these people manipulate charts and how they bundle stuff. They use their
telegram and their community as extra liquidity. I think it'd be more revealing than actually...
I think people would probably crash out on it once they kind of see how all this meme coin
shit actually works. They're not even good traders it's just like they manipulate the charts
and they manipulate their community to buy after them and obviously they're up all the time because
of that so that was just interesting i don't know if it was a troll because everything i see on the
timeline i take literally so i just like was that a troll um but probably not but uh do you want to
do you want to put up today's mints i guess there are some interesting stuff i guess this week going
put up today's mints i guess there are some interesting stuff i guess this week going on
on um actually i'd like to go over what happened before it's like are nfts back or they're not
are they back are they not or it's only just kind of a select few um yesterday we had a few
have you seen the chart bro have you seen the chart if you've minted everything since january
i think motherfuckers are up like 45 bands really i didn't know that yeah if you've minted everything
in terms of steady like and just kind of sold go through the process right from all ecosystems
vera eth and all that kind of stuff abstract uh you would have yeah i think they're they're
roughly at about 40 bands or so i'll see if i can find the chart but i mean yeah dramelio hit all
time high 0.25 yesterday i mean and all and all these, and these were relatively cheap mint.
So I think that that's primarily what's making them more profitable, right?
Is that this cheap running up rather than we're getting expensive or medium tier actually catching major vids.
Yeah, I mean, I guess there's one thing of getting select whitelist to cabal communities and everybody's up.
But like, I'm more talking about stuff like D germilio where everybody had a chance to mint and it wasn't kind of like curated uh alpha
groups that got the whitelist and stuff so i would be interesting to see if everybody's in profit
based off of just like public mints in general i know they're kind of heating up on that germilio
it's kind of the first one that kind of yeah i pinned it up they got a it's basically said no one would tell you but you can make 23 usd
uh in profit holding and minting uh you'd actually likely be over 30k nfts are back
more cross-chain opportunities and a lot of these happen on abstract bear chain and hyperliquid
trends is mint prices royalties and low. Holding is EV positive again and new projects.
The times of new projects falling into irrelevance after a week seem to be over.
We got Hype EOS on there from 0.022 to 2.2 ETH. We got ETHOS validators from 0 to 2.3 ETH.
Very select few, so we can kind of remove that one off of it. We have 1 Gravity,
free to 1 ETH. OCH Genesis Rings, 0.2 to 1 ETH. Taproot Wizards, 0.2 to Bongo Crying.
Good Vibes Club, 0.069 to an all-time high of 0.65. And the list goes on, right? The More USA,
6.9 to an all-time high of 0.65 and the list goes on right the more usa uh steadies dromelio
bearish final bosu mbera bullis i mean if it i think if you're around select communities if
you're actually kind of tapped into the jpeg game and you're being able to circulate these communities
i think you've made a little bit of money but yeah man it's always been
about whitelist and kind of having access to this stuff for the mint and flip season but there i
mean in my opinion i think that they're pretty back yeah i mean kind of going over yesterday's
we had something abstract small profits to break even we have farm farm mine land break even to
cut loss base mystery team break even to cut loss. Base Mystery Team, break even to cut loss. Neothaus, postpone.
Mining Master, small profit to break even.
So that's a lot of small profits to break even.
That was not the case about two months ago.
They're all not meant out to loss.
Or cut supply or fucking loss or the team postpone it for the next three years.
So just some stuff that's going on today.
The Void Zone zone it's 1400
supply 0.4 hyped hyper liquid degenment on hyper liquid pfp looks like an anime pfp face we have
cyber bears 600 on barra chain barra pfps on barra low supply and min is cheap um six barra we have
reveal um that's free 1111 ethereum ai powered payment tool with potential of reva rewards cashbacks
and multi-chain support free mint useful product angle low risk uh nudes on ape 6.98
2222 spy ape chain noodle character pfp on ape chain we have mega monkeys that's free 2200 on
mega e testnet monkey p PFPs on MegaEath.
MegaEath is one of the most popular testnets recently.
Testnet mints are driven by the possibility of MegaEath airdrop.
We have Eternal AI.
It's a fair auction, $10,000 on Ethereum.
It's an AI agent NFT.
And then we just have some stuff in general.
TIG put this together for abstract.
It's getting a lot of views.
This is kind of this week that's going on.
We have FUGS, which is the 22nd, 5,555 supply.
We have Monsters.Fun.
What's today?
Is today the 20th? Oh, tomorrow.
That's going to be 250 supply.
That's that AI agent idler game that has some pretty big advisors on.
I've seen a lot of KOLs giving out whitelists for it,
so I think that will do good.
It's 750 supply.
It's for a game.
And then Frankie the Frog, 0527 supply to be announced.
So, and then I guess there's something else that's going on
on Mega ETH also.
I think that's going on tomorrow.
The Mega Rabbits.
Do we have any?
I mean, these are .01.01 eth that's on kingdomly
there's a lot of uh mega eth mints this week too i think everybody's trying to not necessarily
front run each other but go at the same time so i literally saw almost every project that i've
been following over there announced this week or next week uh they're coming to market for some reason so we'll see
it's about to be bowl season baby everybody's launching their shit because they feel confident
that the market's here back so that kind of makes me feel like we're gonna go up a lot sentiment's
high it's psychological a lot of stuff psychological and everybody kind of feels like we're gonna go up
so i feel like we're gonna go up but so uh on Fuggs, right? I think Fuggs is going to be probably one of the primary cooks.
That and Monster this week.
Fuggs did a little, had pre-sale.
I would say more than about 60% to 70% has already gone through pre-sale.
And then they refunded any amount of pre-sale, lowered the mint price.
We've been covering here, this on the show for a while,
but they're backed by like, not backed by, but they're involved with Pudgy Studio, right? So a
lot of cross overlap in that. And that's where they're getting a lot of their backing from too.
Founder also comes from like Unfungible with Leon. And so he has kind of that,
not necessarily a founder cabal but just like-minded
founders that want to support each other and help innovate in the space so I think Fogs will do
really well if you don't have whitelists I don't think you'll do you know you won't really screw
yourself if you can pick one up early on secondary and kind of just let that ride probably the same
thing with Monsters man Monst monsters is heavily supplied controlled right um
i would say 200 if that were actually given away in terms of whitelist communities partner collabs
etc um they say 150 i i think they gave away like 200 you know i'm gonna just be honest with you
probably even more but very very heavily supply controlled so if you do get whitelist, you know, mindfully plan an exit.
But other than that, I think it'll do a decent pump.
So I'm going to get that you, Elmo, in one second.
Just wanted to bring this up.
This is something that was kind of hitting my engagement metrics this morning.
It's been minting out for about six days.
It is 85% sold out. it's on avex it's called coco
mo games the world's most rewarding mini game platform launching in q3 2025 on avax when an
airdrop min a pokemon joe on magic eden holders get coco pre-sale monthly coco airdrops vip gaming
rewards and more um there's only 80 left on this.
Like I said, it's been a very, very slow mint,
but with AVAX Summit this week,
maybe this kind of sells out.
I'm not saying these airdrops are going to be worth the damn,
but I think it's worth 20 bucks to mint this right now.
There's only 80 left.
And just kind of an example of kind of these type mints
not even giving you shit for the airdrop,
we talked about that uh
that tokyo games uh thing um last week and uh it looks like the airdrop is like hamburgers
and uh you can kind of see the vip cards are down 27 in general um but i saw potter talk about it
and then he's kind of breaking it down with this tokyo game was giving you a free airdrop but
0.3 of the airdrop is wild supply for an nft what's the point of low supply when the airdrop
is barely worth anything so by's basically did moon math the tgt by tokyo games foundation tokyo
beast team discord have now clarified how much each token tgvip card nft holders or allocator
will be receiving tldr you get 0.3% of total supply.
That's 14% float day one.
NFT floors, 0.42, about $1,000 break-even, $181 million.
Break-even market cap needs to be $26 million.
And now that floor price is down to 0.26 ETH.
So people are doing the math saying this airdrop's not going to be worth the damn,
and it's making the NFT price fall. So I'm just bringing that up in reference to this
Cocomo Games pass because they're saying they're giving you airdrops, they're giving pre-sales to
this. Just because you meant this doesn't mean that the airdrop's going to be worth anything
if you're betting on that. But I saw it as like one AVAX, which is $22. I mean, I've seen you
guys fucking invest in crazier shit. So just want to bring that up.
It's a slow mint. It's on AVAX and there's only 80 left. So what up, Elmo? What up, brother?
How are we doing? Yo, yo, got a couple bits of alpha here for you guys. I heard you guys talking
about DeFi games and different things that are kind of heating up on various chains, including Abstract. I saw one the other day that is kind of catching some attention.
I threw it up in the nest.
This is on Abstract.
It's Remilia Civil War.
Yeah, it's like slowly growing.
They only have like a handful of posts out there.
But I saw people like trancy uh taking notice and you know max uh and uh i believe
fate and star killer uh are definitely uh engaging with this as well and so they're very plugged into
the m'lady ecosystem and retardio and whatnot so something to keep an eye on through that up there in the nest uh the next thing that i wanted
to talk about was i'm actually giving away uh some reality.exes uh to help promote the release
of tantan's uh latest project so i'm on top i had it to cover later on because i saw the demo and
it's fucking dope okay you can click it and then it becomes a little character to actually...
That was a really dope demo in sense.
Go ahead.
Yeah.
Tan-Tan.
Tan-Tan is cracked, man.
And she just released that new Codex 2, which is basically a game that's minted on Tezos.
But it correlates with the work that she's created here on Bitcoin. Because if a lot of you guys don't
know, she started out on Tezos and she's very intentional with her work and she wants to make
sure that everything that she creates has a cohesive through line through all of her work
that she's created. And so creating one of her games similar to like the one that she created
on Bitcoin on Tezos was a way for her to kind of like
sew together both of her bodies of work. So to encourage people to play this new game
and to appreciate her work, I'm giving away five reality.exes to people that are engaging in this
giveaway. And it's super easy to enter the giveaway.
All you got to do is play the game. There's a link in that pinned tweet.
Record like 30 second clip of you playing the game. And to be honest with you,
I just said 30 seconds. I'm not expecting 30 seconds. You know, you can do like a 10 second clip or whatever. The main point is that I want
people to get out there and experience the work and then like post it on the timeline so other
people can see how cool it is because it really is kind of one of its kind. And just share a post
with the clip, tag and follow Tantan, Cube Art, and Object One. Object One is the company she collaborated with to actually bring this project into fruition.
And then just include a little hashtag for hashtag Codex2.
And we're going to be announcing the winners live in Spaces on Thursday.
the winners live in spaces on thursday so you have basically you know two and a half three days
whatever um to get this done and uh you know good luck to anybody who enters i'm excited to see the
uh the entries what's up are you a big fan of uh matt fury almost dude i met matt fury uh last year
he's changed his profile picture recently, and everybody's like speculating
something might be happening, like this skull Pepe
thing. I'll pin up just a post,
his pinned post, but you guys can look for yourself.
People are creating coins around this called like
the Boko fucking Pepe and shit,
dude. I don't know if he's just creating new
art or whatever. I know he has a gallery going on
until the 26th, but people just like
anything Matt Fury posts, people are like, oh, new Pepe let's draw it's fucking six coins on ethan solana there is
two pvps on solana and then there's one on eth already dude of this fucking new pepe that he pfp
recently dude i mean i love it i i it's kind of interesting like i said i met him last year
and uh you know bit god and i actually went down and met this guy and uh what a legend right like
fucking cracked it was i literally dude i like full disclosure i actually had a panic attack
when i saw this guy um because he's fucking matt fury dude the probably one of the most
like accomplished meme art well yeah the most accomplished meme artists of all time, right?
In my opinion. Um, so yeah, super cool. He didn't seem super interested in, uh, creating NFTs or
getting involved in that particular ecosystem. Um, but who knows that could have changed. He's not
someone that I believe is kind of financially motivated on something like that. He just didn't
pay me as that kind of a person. I think he's
had enough success in his life to
kind of like carry him through to
whatever he wants to do.
So it'll be interesting. I mean,
I would love to pick up a Matt Fury
NFT or inscription
if possible. But yeah,
that's fucking awesome. I gotta check it out.
It's called Bucci. Bucci, the main character in the upcoming matt fury book um there's already two solanas
and there's an ethereum one so i mean if it is launched i'm guessing people are gonna speculate
on buchi and create coins behind it and shit so i guess he has a new book coming up i didn't know
that but uh shout out to matt fury bro he kind of started this whole shit right yeah seeing his seeing his artwork in person and seeing all these characters he
he's created in person in his own paintings and stuff is like pretty insane um and this
you said bucci is his name yeah i'll pin up i'll just guys do not buy this i don't buy it i don't
have anything i'm just referencing it i mean if this
comes out and is something you guys at least know what it what i'm talking about but this is the
fucking this is the page buchi by fury obviously it's a cto people dgens but this is what we're
talking about the main character for the upcoming matt fury book is that his name's buchi so i'd
imagine web3 dgens are going to go crazy with this, create NFTs that are Matt Fury-backed
and convince you that this is the next Pepe and shit.
So I just want you to be aware,
when you do see on the timeline,
this is what people are talking about, Boochie.
It's dope, though, man.
This is kind of, I mean, kind of looks like Terminator.
Like Terminator Pepe, bro.
It's pretty fire.
So just wanted to bring that up,
if you guys are interested in it.
There's an ETH version and a SOL version already.
Probably going to zero. Go ahead, Chief. you got some stuff you want to talk about man
yeah let me pin it up to the top um kind of cycling into uh new stuff that's going on in
the space uh i found that pudgy penguins is continuing to expand um first i mean maybe this is not a new game but
it was a game that i just recently saw so we have the pengu clash which is on telegram
that's continuously expanding it's into its second phase of rollout right they've reached a million
subscribers and now we're just slowly waiting for codes to be released in order for you to be able to actually participate.
And then I found Pudgy Party.
Apparently it's another one, and this one already has way more followers.
So I guess I'm just the one that's laid to it.
But I'm going to pin this up to the top.
It's, in a sense, Mario Party with Pudgy Penguin characters.
So we have that, two different games now,
and then ultimately they have their Pudgy open world game
that's currently going on, right?
This morning they expanded their IP two ways, I guess you could say.
One was through a children's book partnership, right?
It's called Random House Kids,
the world's largest child book publisher
to be released, oh, to be releasing a book called The Worst Birthday Present Ever. This places Pudgy
Penguins and one of the top realtors, allowing our story to become part of the family life and
shared for moments and shared moments with millions around the world. So just continuing to see them doubling down on their IP.
But I think that one of the most interesting parts for me
is that they're kind of trying to split up
the little pudgies off, right?
I don't know if anyone saw this,
but almost as their entirely own IP line, right?
They have characters and these shorts that are coming out
as well as the new Little Pudgy slash OCAP game slash Pudgy Penguins trading card game set.
The newest expansion is 100% based in its IP license, only from Little Pudgies in the community.
And the first set season one cards were the bigs.
So it's just interesting to see that them firing on all
cylinders and that even being a part of the ecosystem they're still covering you maybe not
to the same way that the bigs were covered with toys or maybe not the same way in you know in
games etc but at least every part of the ecosystem is being included in something
um it's just now figuring out if you know if you're not you don't have as big as role
uh in that ecosystem either through holding pengu or through interacting through abstract
where you want to fit in right and where you want to kind of reallocate your bread to but
i pinned this up to the top dly is an abstract rwa uh physicals platform they were doing a pre-sale for the season two uh like booster boxes
right so if you collected the ocap game season one this is the new one it's 120 bucks per box
and you can actually resell the booster box through their website before you actually receive
the box in hand these are pre-orders meaning that it'll take a
while to actually ship out from the distributor but if you're into collecting like i have you
know just for my sealed collection i have two boxes of the first edition ones so i'm ultimately
going to collect two more of these and just kind of keep that going but yeah man saw a lot of
information about just the pudgy ecosystem continuing to expand. I think people are getting a little bit more bullish with the hopes of Q4 being Pudgy season and the airdrop for Abstract.
So we're probably going to see prices run up similar to how they did the first time pre-Pengu airdrop.
So if you're trying to get some type of positioning in the ecosystem, maybe either look at a LIL grabbing some of the pangu tokens right you can get
a xp multiplier on abstract based off of your pangu holdings so you still get exposure into
the ecosystem you still get to farm abstract almost as if you had a pudgy right but it's just
a different sector of the ecosystem and they got their uh youtube channel too uh the little pudgy's got a youtube
channel so i mean wouldn't it be great if we saw little pudgy's bridge the stewie and it's basically
a popkins versus little pudgy's fight of like who has the cutest ip on stewie bro that would be dope
i mean are you pretty excited about the popkins mint i've seen some kind of threads pop up of all
the characters and all that other
um i wonder when this when is this supposed to go live is it relatively soon or is it live now
the the claynosaurs dinosaur uh mint the popkins i don't know if it's live now i know i mean i've
been slowly water watching it sorry um but yeah i mean it's just the 25K wasn't as enticing to me.
It's clearly for, you know, ecosystem expansion and kind of more so down the IP route.
If I'm going to bet on IP, I'd rather bet on primary characters instead of the new ones, in all honesty.
Yeah, I got to throw it.
Like, Popkins, our mischievous minion, like NFT on the Klanosaur universe, minted on Sui.
Precious minion like NFT on the Klanosaur universe minted on Sui.
You'll buy a theme booster pack for $200, which is the public mint,
for a chance at a Popkin or one of the nine collectible species cards,
plus perks like shop discounts and in-game collectibles.
Two Solana collections, OG Klanosaurs and Kala Saga.
If your Klanosaur is classed via class selection in the Klanosaur Claymaker,
you get a free Popkins mitt.
Check your wallet to confirm eligibility.
Met Mechanics Boozer Packs are gamified legendary escape reveal on open.
Full dates and details are soon to roll out,
so follow the Klanosaur account.
And then this guy did a thread on what all these look like and stuff,
like the skins, all of them, combinations and colors, seven different skins, six different colors, 3D body shapes and mutations, skin layers, color variations.
You get a refund too if you don't get it.
So it's like it's not this is literally, you know, if you want to be a part of this ecosystem and you're trying to get a cheaper
entry this is it there is no cheaper entry they literally give you a refund if you pull a bum pack
so there's no downside you know about it dude i'm trying to get one of these there isn't an nft
other than fuddy's on suey and suey is all the rage stable coins are continuing
to go to berserk over there people are waiting for something to drop and i think popkins with
the existing community on solana which we know is probably one of the best communities in all
the space coming over there i could see these being the top nft on suey man and so i'm gonna
give it a try i don't care about the collection size i don't give a i'm gonna try to accumulate
these and i do think these are gonna be be the leader, man. And we'll
see, dude. But Sui gets like not as much limelight as it should. And I still think it's under the
radar. And I don't think anybody on Sui, I guess people on Sui probably know this coming, but a lot
of the Solana community is going to go over there and support this shit. And I've already kind of
seen a conversion over there. A of this the the like soul senseis
a lot of people that have been like really early the solana are now trying to be really early to
suey and i can just kind of seen this kind of being the leader in the pack and it's cute and
they're interesting you know i don't know man i think it's gonna be good so like i guess how do
you just like i guess my mindset is you're just going to mint a shit ton then because it's $200 a mint?
I'll probably mint two or three.
But like once after it goes live, I'm guessing people are going to sell and try to get ones that they like.
I'm going to try to accumulate these, you know, at a price before they pump.
I do think in the long term, these are going to be more than $200.
I mean, I could see these being the leading.
So why wouldn't you mint?
That's my question.
That's literally ultimately my question is then why wouldn't you just take advantage of the
cheapest entry you'll ever get, which would be
$200? I'm just not confident that
they don't go back under $200
just because I think people are probably going to
trade some in and, you know, how people are
in this space. But I mean, yeah, I'm going to try
to get as many as I can.
But if they go below mint price, you better believe'm gonna be accumulating those below 200 because i think
they go a lot higher but yeah i hope i mean the base case is they're at 400 they don't ever go
back to 200 but that's a big collection and we see the larger the collection there's more cell
pressure and it just like doesn't pan out as something as we kind of envision with like a
5k collection like drew milio it takes a
while to get this accumulated into the right hands and for it to go up so i can i can see it getting
to like 210 maybe even hit 200 again but like those are the prices that i'm going to be accumulating
like five or six seven of these and just kind of waiting for these to kind of be the leading nft on
suey man so just a big collection makes me think it's not going to be this violent fucking god candle.
Yeah, that's exactly why.
Yeah, that's what I was saying.
I think these are going to be the leader, bro.
I don't have a lot of suey exposure, and I'm pretty confident this one is going to be not a rug.
Any price around $200, $250, I think, is the accumulation zone for these.
I'm going to definitely mince them. I'm sure a lot of us are probably going to get involved, too, I think, is accumulation zone for these. So I'm going to definitely mint some.
And I'm sure a lot of us are probably going to get involved, too.
I think these are cool.
Go ahead, Bongo. Yeah, I mean, I'll just put that out there.
If you want to mint, they have that refund.
So don't be scared to do that.
If you pull a bump pack, you get your money back to pull again until you actually find your—
like actually get a popkin so good bongo
like, actually get a Popkin.
Go ahead, Bongo.
i'm gonna take the other side of that bet because i think um it's a spread out team
like they have things going on in solana and they're super busy and you know it's a great
opportunity for their for for the team to make money and we have seen it like projects drop in second collections on btc when
btc was hot and any other chains too so um i would rather bet on an nft project in sui that is
completely focused to sui and if there's not one there'll there'll be one eventually but i i'd rather
bet on something new and fresh and completely focus on the chain that uh thing that is spread out across multiple blockchains yeah we gotta keep our eyes on it
i'm trying to delicate some more eyes to sui so we can find those you know brand new shit right
it's very gate kept there's not a lot of information out there so i'm trying to get
more resources over there so if there is an original like bitcoin puppets that launched
on sui we can take advantage of that it's just like right now it's pretty it's pretty scarce would it not be
buddies it is i mean that's the only one i can think of right now but that's what i'm saying
like why would they lose the throne if they were on sweet suey before suey was even cool
how did bitcoin frogs lose the throne to bitcoin puppets it just happens over time
point frogs lose the throne to bitcoin puppets it just happens over time new people come in
it's a lot of no jake and tendy and the fact that they held 300 400 of them motherfuckers
and dumped on everybody's head that's how frogs lost dominance
100 we'll see we'll see
go ahead chief go popkins um i'm gonna post something up to the top uh you put us on this
x you want to talk about the distribute ai i don't know too much about it i just know that they're
uh doing their tge pretty soon and they did a refund recently for anyone that did participate
um but that's all i got so far if you have any like a deeper threat or something
i'm just looking at evaluations of what it does it's very similar like compute uh cloud computing
storage and stuff like some of the competitors were like a kosh was at like 1.5 billion
on the low end i forget the name of it it's around 30 billion um or not 30 but 30 million
so basically i thought you know i saw all the people that were following it.
I was saying, there's not a lot of people talking about this presale.
And typically when smart followers are following something,
they're not talking about it.
They don't want you guys in.
They had a presale.
They refunded 33% of it back to holders because it got over allocated.
And so now they're doing their airdrop, all the
liquidity from the presale is going to be put into the liquidity pool and given to the airdrop.
And so it has to break $15 million for people to get their money back and break even. And I was
like, it kind of seems like a bet that I'm willing to hit based off their competitors,
you know, are all above 15 million. So, I mean, they had changed their name from Oasis AI to Distribute AI.
And they're kind of doing this kind of cloud computing thing that's similar to Akash and other people.
And all those kind of projects are above like 30 million.
So, I thought it was a fair bet.
Not a lot of people were talking about it.
It sold out.
I mean, it went pretty berserk after I talked about it.
I think it got up to like 24K soul put into the presale. And so they gave the refunds yesterday. And then this morning,
they announced that they're going to basically do their airdrop and TGE tomorrow. It's called
DIS. It's going to be the name of the token. It's on Solana. And we'll see where it goes.
I just thought it was kind of a risk or reward. I was doing the comparisons to other ones,
and they're all above 30 million. And AI ai's been taking off especially on virtual's protocol
and so i was like maybe this can kind of get a run here and people can make a bet and uh maybe it
goes above 15 million so that's my bet is that it goes above 15 million and everybody gets their
money back and hopefully it goes to like 30 or 40 i can't see it get to 100 million or anything like
that um but I do see it
getting above 15 million. I could be wrong,
but that was just, you know, there's nothing guaranteed
in this space. Every bet has a risk
and reward, and I felt
like this was
worth the risk or reward, in my opinion. So we'll see
tomorrow if I was right.
That's the tribute day.
And you used the token to actually
utilize the DAPap or the token is
just i guess uh governance or something yeah i mean i guess we're gonna figure that out right
that's with all these protocols right like what does the fucking token really do right
yeah that's what i was like the question is like is the token just to speculate on
distribute going up or something you know so yeah i guess that's more stuff that we have to find out
we don't know like who's invested in it yet you know there's a lot of stuff that we still don't know
what we just know how the airdrops can be allocated and so i mean that really doesn't
have any kind of thing that the token does either it's just fucking duct taped to the
fucking attention of the protocol so similar to like the believe right that's what kind of
what made this make sense to me it just seemed seemed like a Believe app, just not as an app yet.
Yeah. I mean, the virtual fucking protocol is fucking...
All these pre-sales are going crazy, dude.
Like the Airbus one that went live on Saturday went berserk.
But people are talking about virgin points now,
and how do I get virgin points?
How do I get to these pre-sales and this and that?
And there's a nice little kind of thread that Crypto Gorilla put together for you guys that are,
we talked about version points before and when this kind of launched about a few weeks ago, how it worked.
But I kind of want to give you guys a rundown on TLDR of how it works.
So, version points equal entries to pre-sales.
You pledge points for a shot at 37% of the tokens during the Genesis launch.
Max 0.5 supply per person.
If the launch fails, you full refund of points and tokens.
So far, it's been mostly risk-free profits.
So how do you earn virgin points?
We've talked about this before, but let's kind of go back over it.
Link your X plus your wallet to virtual site. Post virtuals, Genesis tokens. If you post, get smart engagement, you'll
earn leaderboard points. Extra tip, also link your Kato for more exposure. Staking, virtual tokens.
Stake to earn B-E virtual. The longer you lock, the more points plus possible agent airdrops like AXR and Airbus.
We talked about AXR, the Axelrod Finance went berserk this weekend.
The Airbus went berserk.
Agents, stake Genesis slash standard agents, e.g.
Vader, earned 5% of daily emissions.
Partners stake $5,000 plus Cato for access to $50,000 daily virgin reward pools.
Trading, you have Trencher points.
Trade agent tokens to earn points.
Fees are 1% per buy or sell.
High volume equals more points.
Don't get wrecked.
Diamond hand bonus, which is DHB.
Stake Genesis tokens with team lockups.
Green lock points expire when unlock period starts yellow lock and you buy
and stake from secondary for bonus points some important rules to have take profit cool bound
cooldown sell your full genesis allocation early equals 10 day point cooldown no points for
anything you can sell secondary buys but sell even a 0.1 extra, you'll get punished. Points
expire in 14 days. Diamond hand bonus points must be claimed in 24 hours. Why does it matter? 20 of
the 23 launches are still profitable. Virtual is up 300% in the last month. Recent launches like
the Axelrod is 133X. The Airbus was 69X. Shows real upside.
Low risk, free entry, big upside.
Yap, smart, stake wisely, and time your exits.
So these kind of virtual Genesis things have been fucking cooking,
and people are trying to get enough points to actually get into these pre-sales
so they can get 33% of the allocation.
And it's going crazy, dude.
And it looks like that Vaderader uh has submitted virgin on genesis also that vader i guess is part of the virtuals protocol they basically announced
about 11 hours ago that i submitted virgin on genesis thought it would be obvious from the
tokenomics to grow the virgin cult a meme coin is inevitable and better if deployed by one of us rather than a bad actor so vader is
kind of one of the top meme coins on um virtuals and they're basically doing the virtuals protocol
uh kind of um genesis launch on it so it's kind of going to be kind of a new way that they're
going to do a meme coin and vader is the top meme coin on it and they basically have their
kind of what they're doing the tokenomics suggestions the disclosures and all that if
you guys want to read up on it uh you guys can but vader has been known um on virtuals and they
look like they're going to be doing the justice launch too so i guess this is probably going to
be the next hype one that everybody's going to use their version points to get involved with so
i mean 133x and 69x i mean you can't find that on Pump.Fun.
I mean, even this Believe app has been going fucking to 500K and dropping pretty fast.
So this has probably been the best return on people's investments in the past week and a half.
And it's all on the Genesis, the virtual Genesis platform.
So just wanted to bring that up for you guys to kind of rehash that.
A lot of people have been talking about it and just kind of want to get you guys to tldr and how to get involved um because i don't want you guys left
out those are a lot of x's and it could be some life-changing money for some people so
yeah there you go virtuals protocol virgin points so you guys should know a lot about
virgin points since a lot of you guys are so definitely start accumulating those and uh
i mean obviously the diminishing returns is going to start happening the more and more people figure this out.
It went to 133x last week.
Now it's at 69x.
It's probably going to get down to 50x and then down to a 40x and then a 20x and then the 10x.
And then everybody's going to be on it.
And then the Xs are going to be gone.
So the faster you guys learn about this, the less farmed it is and then the better opportunities you have.
And we've been keeping you guys updated on virtual protocol and this whole staking and this virgin point since it broke.
I think during the Doodles airdrop is when I first brought it up.
And so it's been about two weeks, and virtuals itself continues to outproduce.
But it got a lot of market mindshare taken off by the Believe app.
And just virtuals has been the under farmed one
and it's been doing the best because less people have been paying attention to it but now that everybody's seen the x's i'm gonna imagine that virtual is going to take the mindshare and then
maybe the believe app might actually catch a bit or maybe some of these other launch pads that
popped up for meme coins might take the uh but right now virtual's protocol is the place that
you need probably to concentrate on your time and try to figure out how to get those virgin points. So I'm bringing that up to you guys.
Pinned up to the top, small little catalyst that could potentially, you know, get you to enticed or gamified Magic Eden, making it easier to buy.
Let's just call them blue chips or more expensive assets.
They've had lucky buy on the soul side of things for a while now, in a sense that you
choose how much you'd want to pay percentage wise slash monetary value wise of whatever the price
is. And there's just odds for you. You do a little gambling and you go that way, right?
I think the interesting part about this is I wonder if the L's that you take, right, do you get a little some magic in XP for it, right?
Does it count as part of your staking either rewards or just in a sense like towards your activity on their website?
But got that pinned up to the top for anyone that's interested, anyone that did use Lucky Buy to get some steals before.
They're adding that to the each side of things.
Next, kind of off topic, but in a sense a big deal, I guess.
Another credit card.
Shout out to Gemini introducing the actual Bitcoin credit card.
This is a credit card, meaning you have to have credit.
It says, designed for Bitcoiners.
The orange card gives you up to 4% back in Bitcoin instantly.
No waiting, just stacking to celebrate the launch.
They're giving away Cybertrucks.
I knew it, bro.
That's when we're starting to get into a bull market.
We haven't given away trips to Japan or Tesla yet, and this is the first one. So just go check it out, right? It's
actually pretty cool, the percentage-wise of what you can actually earn. It's 4% for gas,
EV charging, taxis, rideshare in transit, right?
Like Lyft, Uber, all that bullshit.
3% back on dining, 2% back on groceries, and 1% back on everything else.
It is denominated and actually sats in Satoshis.
So you have kind of, I guess, the intrinsic bet that your cashback rewards will go up in price.
So, I mean, if any of you guys are into kind of credit hacking, I mean, that's one of those things that I like to do.
I'm a big point guy.
These rates aren't bad, right?
I mean, I don't think you'll ever really utilize the 4% on like Lyft and all that kind of shit.
Not as often as most people would want to.
That's why that's the 4% category. But 3% percent on dining isn't bad two percent on groceries is pretty standard and
good so it's a very competitive card for the reward structure to be paid out in bitcoin so
i think it's pretty enticing i'm gonna probably check it out soon um but yeah man for anyone that
wanted to see that you can kind of receive and use it as a regular credit card but actually just receive straight bitcoin back yeah well i i don't know if you saw the news with fold basically
doing bitcoin gift cards which is you know a pretty good way you know he was mentioning the
founder of fold was mentioning that gift cards are one of the leading gifts um during holidays and
birthdays and how are we going to get new buying Bitcoin, maybe giving them a Bitcoin gift card
is the way that we onboard people.
Because a lot of these credit cards are fun,
but this is for us.
This is for crypto natives.
How do we get more people to get Bitcoin exposure
and maybe this new fold gift card
would be something that, you know,
give them $10 to your grandma or something.
Now she has some Bitcoin
and now maybe she pays attention a little bit more
than if she did it before.
So I'm actually more bullish on bitcoin gift cards i'm trying to think
of ways that you know you could create content around that you know like hey would you rather
have 10 bucks or a 10 gift card of bitcoin and see what people like i just think there's a lot
of opportunities to onboard a lot of normies with like 10 bitcoin cards and uh this full guy is
basically um going all over the place kind of talking about this he has a lot of normies with like 10 bitcoin cards and uh this full guy is basically um going all over
the place kind of talking about this he has a lot of bitcoin in his treasury and uh i don't know man
it might be something i'd do for some birthdays this year and just get more people attracted to
it and you know you always can venmo it to them or this and that but giving them it in their hand
something that they've known before seen before a gift card could onboard a lot more people they're just like a seed phrase
i'm not sure i'll pin up the thing i don't think they're out yet i would imagine there's probably
some qr code they scan and probably get like a seed phrase or something like that or maybe it's
more like a uh a wallet or so you could like scan it like a credit card or something i'm having ptsd
of the of the no disrespect we really appreciated you guys
but of the ada nerds bro talking about you know private keys and desks and then that not being
existing anymore you know that was a good segment we learned a lot but yeah that that's the my only
fear is that someone would lose that and you don't have the digital backing or the wallet connection
without it like old people lose shit all the time
you know so i don't know i like the gift card idea i just think that that's the only thing of like
maybe take it one step further and help them set it up i don't know i think that that's ultimately
like that's what gets people invested is when they can do the clicks or or do the something
themselves because i i put gift cards in my wallet, bro. And I forget I have them.
And I think that that's ultimately the good thing and the bad thing about gift cards.
Because if you start doing that with Bitcoin, that's a deflationary supply that we didn't even account for.
Go ahead, Flame.
You're going to Bitcoin Vegas, right?
I am.
So they're going to be there.
So maybe you guys can get some more information on
there oh yeah i was trying to see if i can get a card or something for you full yeah i got it
it says bitcoin is coming to a store near you in 2025 tag retailers you want to carry the bitcoin
gift card we'll reach out bitcoin magazine and then they have their article here um it looks
like they're going to be there at the at the event so maybe we get some more cheap maybe you can deep dive into how this fucking works is it a seed phrase how do they
how they spend it how they distribute this bitcoin when they have it and uh i mean i think the
bullish thing is that these people do they do lose the fucking uh the seed phrase because that's
bitcoin that will never be sold that's a big profit area for like gift cards. That's literally in their profit structure.
Rebel model is like MFers,
a percentage of MFers of cards sold that year that they can account is going to
just not be redeemed,
which is crazy that they project that already because it happens so often.
That's why there's websites that you can sell gift cards and shit too.
Cause you know,
sometimes you get a gift card to something that's not in your city or something like that and then you can just well what am i
gonna do with it that's just dead money right right or you just don't fuck with applebee's
you know what i'm saying like there's plenty of that too um gift cards that people get that they
don't want i was just gonna vouch for the gemini card um i have the regular one and I'm big on like really clear cut rewards.
You know, like I've always been sort of hunting for that perfect card that gives you an easy way
to get redeemable rewards that aren't BS, right? Like the Fidelity card, for example,
you get 2% cash back across the board on that card.
And that's a really straightforward one.
You don't have to decide what rewards, like what, you know, like choose, like, do I want
to not until go into the whole thing about it, but I like stuff that's super straightforward.
And the fact, and I like crypto rewards, right? Because like the Fidelity card is cool
because you can delegate those rewards
straight into a retirement account.
Like it's just for savings.
And there aren't that many.
I don't know of any other ones that are like that.
So I think that one's dope.
But on the crypto side, I like the Gemini one.
And I know Chief's talked about the Robinhood one.
I don't know if that one's still cool as far as crypto rewards,
but it's the only other one I've heard that's intriguing.
But the Gemini, let's like think about it.
You can choose, I like the straight Bitcoin one because then it's just like,
I'm not messing with the wrong tokens because the regular Gemini card,
like you can choose whatever crypto you want the rewards in, right? But why wouldn't you just choose Bitcoin?
Because it's deflationary and as opposed to cash rewards, you know what you're saving
by getting these rewards is automatically going to appreciate over time.
Sorry, I didn't mean to mute you that was an accident but
if you're using credit cards and you're using that supposed money for money you're already doing it
wrong i'm gonna just tell you that already like it's supposed to be converted to miles you're
supposed to be out doing lux rich people shit as a poor broke mfer right because you're smarter than
them and you know how to use the system.
That's it, do not convert it into dollars ever.
Only reason this card is enticing is because it's Bitcoin.
But other than that, if it's not Bitcoin,
I will literally help you travel the world with points,
right, but do not spend it into dollars.
That is the worst thing you could possibly do.
I'm gonna post this up top
real quick this is uh something that a lot of tda is participating in hell a lot of the space
i've been seeing so much so many people uh posting their ranks just talking about their teams their
agents dude my guys suck i got five agents that i, if you don't continuously talk to them every day, they just never develop.
I went.
They haven't launched a single coin, right?
The artist tells me every time I talk to her, she's like, by the end of the day,
I'm like, motherfucker, now, I need you to do something now.
I need y'all to get to making money, rugging.
Like, I got the dude that's there is a cryptographic password cracker.
He ain't scammed no one.
Didn't break no accounts.
Anyway, game's coming to a close, I think.
Grimplin broke through the terminal, did a surprise announcement,
said that the game will end in a few days, right?
It's at the end of days.
We suspected that this could be a little bit more than just
this kind of gamified AI experience and mint.
It's roughly about 30,000 assets.
They raised a substantial amount of change.
So I wouldn't be surprised if that was used to bootstrap the actual underlying web coin that's there, right?
Could be something.
So I don't know.
Could be nothing but I've been playing having fun
Seeing my money just decrease and you know just for anyone that's out there that is playing just go check it out
See if there's any update on your end and that's it
I haven't done shit on this. I haven't done shit
Go check on your money bro Like they all started with the all that web coin and you can just see the BS that they're buying and like my dudes have bought nothing
Like ape coin is the number one coin trending over there
But like you could I don't know if you can coerce your guy to launch the coin and the coin bangs that you become rich
and I have someone in one of our chats. That's like
He's like rank 16
I'm like damn you got some fire ass agents bro and
he doesn't even have like you know like the 50 60 agents that a lot of like the d's and the other
ones do so if you can get those prompts going and i don't know the flow i mean you can win
and just burn supply so the mix of token go up so i don't have to do shit and just sell the nft bro
that's all i wanted to do i just wanted to sell them to t for profit um i mean i think we brought this up on friday um i'm not man this
keeps popping up dude like i cannot there's too many people following this there's too many people
that are doing this for us not to bring it up it's called pharaohs it's on testnet the bio is a
high performance evm layer one for rwa's scalable modular institutional grade 300k tps one's
finality testnet live backed by hacked vc fraction vc and so i'm like okay i mean institutions are
here rwa is a thing maybe the institutions like this and this is why they're fucking talking about
it maybe this is institutional back maybe this will pop up on Cato. I don't know. But I was trying to find things like what to do.
How do we get involved with this test net in general?
I mean, the stuff that no one's talking about
is the stuff you need to be concentrating on the most, guys.
But it seems like it's pretty simple what you do.
Pharaoh's test nest is officially live,
backed by 8 million in Funday.
Claims start here.
You go to the testnet.pharrowsnetwork.digital.
You register and dive into the experience,
connect your EVM wallet, link your X and Discord, daily check-ins, complete available tasks,
swap tokens on Venith, add liquidity, send tokens to your friends, and stay consistent and do it
daily. So pretty simple. It's an L1 RWA institutional, you know, all the things, all the new people that are here.
It isn't retail. It isn't our friends. It isn't our grandmas. It's institutions. It's Wall Street.
And maybe they're attracted to this. And this is why it continues to pop up with smart followers and people talking about it.
Just wanted to, you know, I didn't want to be the one to like, why didn't you tell us about this?
But pretty simple. Just, you know, consistently fuck with with this um you know we'll see where it goes
you know who knows if the evm rwa uses even anything it's not interesting to me but maybe
it's interesting to someone else and maybe it has some kind of airdrop in the future it is on test
net so it's probably not going to cost you a lot of money just a lot of time and i know a lot of
you guys have fucking time and uh it wouldn't hurt to just do this daily and be consistent at it so
just want to bring that up but kept popping up man left and right like pharaohs pharaohs pharaohs
this person's following this person's following so i'm like all right we'll at least have to give
some people's information how to actually play this so i just wanted to give you guys the tldr
and how to participate um i think we're gonna get chandler from sparkball on um this week i think
he's gonna come on friday they're uh basically launching um their preseason
this week on stream or on steam um you guys can download the game already um but yeah their the
game's super fun um he's probably gonna come on we'll give a tldr and what's going on with that
um this week um but that's interesting and then the one thing that i thought was kind of weird
was off the grid we've talked about a lot in the beginning, it was like some pretty gaming centric people talking about on YouTube.
They only had access.
And then they kind of fucked up their mainnet launch.
And people were kind of concerned with their tokens and how my tokens are going to transfer into the game.
And then they weren't going to let you take the, you know, the Godzilla game or the gun token on the mainnet.
And you had to buy the items.
And it looks like they haven't even paid their Ks uh money and i got this from inhuman he says to clarify the situation i got my money
from off the grid other players have contacted me saying they have yet to be paid over six figures
is missing allegedly i will make a post compiling all much how much is is still owed and i don't
get their money soon my main concern is considering
the fact that they are now trying to pay and gun rather than usd i'm worried that they're running
out of money and everyone needs to pay from this event so there's some fud there you know if they
were running out of money and runway already i know they're backed by some pretty back vcs and
stuff but it looks like a lot of the kols that vouch for these people are now getting paid in the token, which is a big no-no.
You never want to get paid in the token. You always want to get paid in money because if you
say you want to sell, now that creates a fun event. Why is he selling his gun tokens? Well,
because I want to get paid. It creates a downward spiral when you get paid in the
mainline token. The fact that they switch from USDC to the gun token
makes me feel like they are kind of running out of money.
And yeah, we'll see where it goes.
We have AVAX Summit this week.
And so there probably will be some updates on that.
But this isn't the first time we've seen some FUD with AVAX, right?
Like, what was it?
What was the other one, Chief?
Play Shrapnel had fucking major issues with their games.
And now these games
you know they get a lot of hype from the kols but they don't really sustain very long and there's
always some kind of fuck up in general so so i'm bringing that attention there could be some fud
there with runway and just the game funding in general i did pin up the uh avac summit um kind
of what's going on uh the days the the stuff that's going on this and that so if you guys are
interested in finding out more about what's going on at the summit uh here's the schedule for you
and this motherfucker like i've been saying is all over the place fucking kevin kevin from pixel
mon he is at the avax summit he's been major matt he's been massively on the timeline back
he's posted like seven or eight times in
the past like week is there not just someone using kevin though because kevin's there because pixel
mon yeah and pixelmon moved from avax but i still think there is probably this is probably one of
the best memes in all of crypto everybody knows kevin and i think there could be a meme coin
launched by kevin on avax and i think they've been waiting for the integration of Pixelmon to AVAX to launch this meme coin.
And I think this possibly brings kind of like a fun way to get exposure back on Pixelmon with the meme coin.
And so he's talked about a pre-sale.
A lot of people have been following this.
He's engaging more.
engaging more. And like, obviously, AVAX has a massive fucking meme community. And I think there
And like obviously AVAX has a massive fucking meme community.
might be some kind of meme coin launched by this project relatively soon. It could be a presale,
could be just like a stealth launch, but keep your eye on Kevin, man. They haven't had to launch a
token. Kevin is one of the biggest memes. I still think that this would cook if he did launch a
meme. So continue to get exposure and get engagement.
Just wanted to bring you guys, you know, like he's at AVAX Summit.
There could be an announcement this week.
If you're going to have an announcement, why not do it at the AVAX Summit?
So I think if we're going to find out if there's going to be a token,
it's probably going to come in the next few days.
So just want to keep you guys updated on Mr. Kevin himself.
But that's all Alpha I got, man.
that's all alpha i got man you got anything chief before we end this bitch yeah so a couple things
You got anything, Chief, before we end this, bitch?
Yeah.
to look forward to for you guys that are on hype right or have been on the the actual chain over
there um hyper liquid lambo land the guy who helped launch uh pack moon and just did that
whole experience over there on blast said that he's actively working
on a socialify app over there people were tagging and you know hey what's up with abstract are you
coming what are you cooking uh he helped bring sperm game to market which I still have a bunch
of condoms and sperm shit in my wallet from uh but he was the head of marketing for PacMoon, and that cooked, right? For those of you that were
creators, it utilized the socialfy aspect of, similar to kind of how Kato was doing, it laid
more or less the framework, I would say, for Kato to see that it's possible to engage with creators
in that sense. So, I would be on the lookout for that try to you know get first access something
uh it will cook right just due to his natural track record and then hype looking for something
new fun and different to do um i think that he's the perfect one to bring that over there
uh transition do you use do you use rabbi wallet yeah, Chief? They just, since we were on Hyperliquid, they just added support for Hyper EVM.
So now that you can use Rabi to get on Hyper EVM if you use it.
I know that was something a lot of people were waiting for.
They're like, what the fuck it took so long?
But they just updated that this morning.
So I know you're talking about Hyperliquid, and I know you use Rabi.
I don't, but they just updated it.
Now you can kind of swap using Rabi now now which is big right so good yeah no it's a it's a great wallet especially
if you're around with defy uh it pulls your native like pools and shows you your reward yield
all in the wallet itself so it's not like you look at a wallet and you're like oh i'm broke
it'll actually showcase even money that you don't have in your wallet that are just in different protocols.
Anything that's connected to whatever it may be a smart contract or on the chain itself will populate.
So I think that that's pretty dope.
Transitioning into a little bit of the bearer side of things.
I'm going to post the foundation's post at, you know, at the end of the beginning of every week, so to speak.
They came out with just a general blast directly from the foundation itself.
News, updates, any kind of viral post that went out.
And then potential slash approvals for new vaults, right, to receive BGT emissions.
Yesterday we received the, I guess it would be the first airdrop
for teddies uh most people just received a little like a burger right a little what they call mcteddy
meal i think it was uh 10 to 12 dollars at initial airdrop assuming you didn't multiply or add uh do
the prerequisites right so if you held a steady teddy, we had this pinned up,
I think last week's slow gold brought it up. But if you held a steady teddy and you purchased
roughly at the time, it was like $13 of the token that multiplied your airdrop by five,
right? So instead of 10 to 12 bucks, you would have got 50 to 60 dollars per teddy and then you go
that way uh the reason why the bear chain ecosystem is kind of talking so much about this coin
specifically is because it was actually approved for yield and emissions from the foundation itself
right so in a sense you'll be able to create a pool and participate in that whole proof of liquidity system that they have. And instead of, you know, having to quote unquote benefit the
Barra ecosystem in that sense, right, which is a rule that they made, I think a week or
two ago, you know, with Barra native pairs, they were actually approved for emissions
vault. What this means is any of the money that's received from people pooling inside,
the token is designed for it just to be taken out, buy back and burn the token.
Right. So it's the easiest way for people to get exposure to bear chain. If you've ever been
interested in how the actual underlying tech works, this token is it. This token is the tech
done for you to where you don't have to worry about proof of liquidity. You don't have to do any
of that shit. You buy the token and they execute the infrastructure on the backend and just provide
you the results on the front end. So more info is up top for anybody that's interested to check it
out. I think it's a pretty dope innovation. It makes it really simple to, in a sense, kind of
onboard people. And we'll see exactly how it plays out. There is
a secondary airdrop that will go to all SteadyTeddy holders, assuming you didn't sell your airdrop or
you have the same position once that's reached. And it's at 16 mil market cap. Current token is
sitting at, I think, two and a half or three. Yeah, two and a half. So we'll see how it plays out in that sense.
And then wrapping it up, Magic Eden with a big old announcement, partnering with Spark,
right, and build on Spark to facilitate and speed up Bitcoin transactions so i got all the information pinned up to the top the actual
article itself uh spark is backed by paradigm uh i think pantera capital and just your your heavy
hitter vcs in that sense right so we'll see them start to i mean it's interesting the magic either
one with them instead of arc but it might be all connected and working together.
And also A16Z has a hand in it as well.
So more or less Bitcoin ecosystem catching a second bid, so to speak.
Right. So for those of you guys that have been accumulated and didn't dump all your ordinals, there's hope.
Right. Our bags will be saved, saved hopefully sometime soon or at least have people
the ability to participate because i think that for some uh they've always thought bitcoin was
too tough or had a bad experience in the early days so spark does spark work directly like on
the layer one to like no bridges or synthetic tokens it's just it would be, from what I can understand of Spark, it would be working on through Magic Eden's VM version of Bitcoin.
So is that as close as we can get to L1 without it being L1?
I mean, ARK is technically an L1, so to speak.
But I mean, I don't know.
Yes, kind of for now it is.
If this happens, if this is implemented, it's mean, I don't know. Yes, kind of for now it is if that's if this is happens If this is implemented is probably gonna be the closest but I have to actually look at the their tech stack and all that shit
so because I mean that's the thing about it. I mean because of the fact that we have
Versions of Bitcoin through marketplaces because everyone is running an independent indexer
Everybody's running their own kind of front end. It's not a mempool marketplace,
right? And I think that that's ultimately, you can't really do that. None of us can really navigate that. There's no UI for it, right? It's Sparrow, Rollins and broken up versions of the
mempool. So will we get stable points to swap? Like, could we swap into like Bitcoin assets
using a stable coin or a bitcoin asset into a stable coin
with this i don't know i hope so gib i don't know but pump the runes bro all of this should just get
me skip me bullish bro yeah i don't know i mean like i said i have to look at exactly what
fundamentally changes to make this possible uh here i can read it i can read i put it in tldr so the collaboration
focuses on enabling efficient trading on bitcoin native assets including stablecoin to bitcoin
swaps with plans to expanding into broader use cases unlike scaling solutions that rely on
bridges and synthetic assets spark operates entirely on bitcoin's base layer ensuring that
every transaction asset remains native to bitcoin design offers hub sub second finality and transaction fees under one cent aligning the
bitcoin trust model without compromised performance yeah but that's not possible on royal one that's
what i'm trying to say like i have to see the actual info because that sounds good you can't
have one second finality on bitcoin fam that's That's impossible. So like I said, I think this is a upgrade, you know, because when we're viewing Magic Eden now, it's Magic.
I explain this all the time, but it's Magic Eden's version of Bitcoin.
I think this is them just upgrading their operating system to now use Magic Eden with Spark's version of Bitcoin, you know,
Eden with Spark's version of Bitcoin, you know, kind of injecting that into the code
and just tweaking it to where their VM now offers XYZ.
When Magic Eden chain, like what's the difference between this and just them launching their
own blockchain?
Like if, I don't know, kind of seems like they have it already, right?
If this is on their tech stack.
No, because this is still
settles in bitcoin it still all settles in a native token for them to have their own chain
they would then have to have a token to process gas and do all that kind of stuff themselves
magic eden token yeah i don't know bro i don't think they're gonna go for a chain you mean what
are you gonna do take all your marketplace yeah you don't sell you're going to go for a change. You mean, what are you going to do? Take all your marketplace?
Yeah.
You know what I'm saying? How are you going to kick the vendors out and say, I want to sell all the products?
Yeah. Yeah. All right. We'll have to do some more research on this.
Yeah, I think I mean, Bitcoin Vegas.
Obviously, there's going to be tons of announcements this week, and they're all going to be talking about it. It's going to be big over there, too.
I mean, their token has rallied roughly about 150 over the last six weeks
leading up to this they've done a lot of changes as well in terms of just
staking rewards and future emissions granted there is a big unlock coming within i think a
month or so so that could be potentially why so much development has been
not necessarily postponed but you know garnered towards right now to drop uh the market's heating
up and bitcoin conference so kind of lines up with the token online liquidity's got that other
account too i pinned up top it's like eight more days it's like they're i don't know what they're
doing if they're going like omni chain or doing other things yeah they're not what wtf wtf is like the degen side of things you know
like ordinal's ruins blah blah and then there's this new page they have that's like uh i don't
know i don't know what they're really planning long term but liquidium phi this one yeah so like
i think that this is probably likely going to be the more like corporate friendly blah blah blah like maybe omni chain i don't know what they're doing but uh
and then the dgen side will be the wtf do you think wtf's like odin swap like no uh i think
it's just like what they've been doing forever which is like borrowing lending and all that
like ordinals and runes and you can now swap inside runes inside their platform so you can like they offer a swap inside what is bitcoin vegas is it the 20th when's
it start next monday weekend next monday next tuesday sorry so the 27th and 28 29th and 30th
i guess yeah it's basically that week right but? But I think the official event is Tuesday through Friday, but it's that whole week.
Okay.
Yeah, I'll see you next Tuesday.
We'll have boots on the ground.
We'll have boots on the fucking ground so you guys can give us the TLDR of what's breaking.
Hopefully you can press these founders and these protocols and ask them, what the fuck are you really doing?
Is this just a fucking layer two or are you guys actually trying to build this uh on the l1 so yeah man it's gonna be good we appreciate you guys stopping by the
daily alpha we run the space tuesday through saturday from 10 15 to 12 it's 12 we're getting
out of here i'll leave here chief you guys have a great day i'll see you tomorrow
appreciate everybody that came out to the tda appreciate everybody that came on stage and
contributed uh it means a lot to us uh we'll have a thread that goes out at the TDA. Appreciate everybody that came on stage and contributed. It means a lot to us.
We'll have a thread that goes out at the end of the show.
It'll cover everything that we spoke about.
Use it as a resource so you can go back through and do your own research.
We know it's a lot of information, so just pick and choose whatever works and applies to you.
As X said, we do this Tuesday through Saturday, 10, 15, until about 12.
It's TDA or Stay Poor.
We'll catch you guys tomorrow.
Y'all be safe and have a good one.
