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THE DAILY ALPHA♻️
Recorded: May 7, 2025 Duration: 1:48:01Space Recording
Short Summary
This week's crypto discussions highlight significant project launches, token launches, and fundraising efforts, with a focus on community engagement and market trends. Key topics include the impact of economic policies on crypto markets, the anticipated Doodles token airdrop, and the growth of Hypeios tokens, reflecting a vibrant and evolving landscape in the crypto space.
Full Transcription
Thank you. What's going on tda fam appreciate you guys for stopping by the daily alpha
we have five shows lined up this week we already had one yesterday we go tuesday through saturday
from 10 15 to 12 looks like we have the purple plus instead of the purple pill so that means
that there will be no comments i guess I guess you have to click on it
and comment on yourself.
But since spaces are fucking with us,
we would really appreciate today
if you could give that a retweet.
We don't ask much for you guys.
We've been doing this for free for three and a half years.
So a little retweet,
let everybody know where you actually get your alpha
from from once, that'd be great.
So that'd be greatly appreciated
if you guys could do that, help us out to get the space out and let people know we're actually here
pinned up our our content creators under the TDA we have Antonio which basically
takes some clips from the show yesterday and clips it in short short form content
if you guys can you know put notifications on him engage with that
that'd be greatly appreciated. Appreciate it.
And also, we have Allison, like you know, the beautiful, lovely Allison that creates her threads for the past two and a half years.
Does it just to help out the brand and does it, you know, at work.
So if you guys could also give her a like and retweet, put a follow on for her.
She does that basically for free.
So that's everything that we discussed yesterday.
Lots of alphas yesterday. The show always has lots of alphas. So you definitely want to have
that notification on like always. So we appreciate you guys. We love you guys. And we'll get it
cracking. I guess today the world stands still until Jerome Powell hits the stage like we've been suggesting. I think the FOMC meeting happens
about two hours after the show ends and pretty much nothing is going to happen. If you look at
the prediction markets, it's a 2% chance of a rate cut. So I'm pretty sure nothing's going to happen,
but we always know it's not what is kind of predicted to happen with the cuts.
It's how he talks after it's over in the minutes and what the reporters get.
So if his tone is a bit hawkish, you would expect the market to chop or maybe go down.
If he says something unexpectedly dovish or more neutral,
you can probably expect the market to maybe pump a little bit more.
I think looking at the prediction markets, just with rate cuts in general, I think we get two to three this year. And June isn't
looking good either. I think that is down to 33% of a rate cut. So June's not looking great. I think
in July, I think it's up to maybe 68%. So I'm expecting probably a rate cut sometime in July. And I
think what's happening here is Jerome Powell wants to see this Trump-induced recession and see where
the tariffs land, see where the deals land, see what's actually happening here before he makes
a decision on unemployment and other things like that. So I think until we get some kind of
announcement with the China deal, I think Jerome Powell's going to stay steady and not cut any rates.
And if you guys, I don't even think it's just the China deal. I think it's all of them in general.
I mean, we did that whole tariff thing and then you did the 90 day pause. So it's like,
even if you do want him to grab data, you're not helping yourself. Like, you know what I'm saying?
The faster you put pen to paper, that's when the clock can actually start and data can make sense, right? Right now,
it's just speculative data. It's, oh, it could, it could do this and could do that.
Let's just say homie comes out, cuts rates or does whatever. And then the deals fall through
or they're actually way better than expected. And then now you have this like a positive imbalance.
But at the end of the day, remember, they're a business.
A positive imbalance is a negative for them.
Like they're losing if it goes too much in the positive,
let's just say for the United States
or for the economy too, right?
So that's just one of those things.
It is the balance of the teeter-totter to the negative,
not ever to, you know, in our
favor kind of thing. So I think that that's the problem too. It's you had the scares of the
tariffs. There was this timeline that was created. Okay. It's going to happen. Well, you know,
we'll look for it at this date. Let's just say Jerome Powell was planning and you saw the
markets planning around that. And then Trump hit the pause and then people like, okay, cool. So,
well, it's doesn't start, you know, until we actually get something on paper and then we can see the effects of it.
So I think that that's the interesting part, too.
He's kind of doing this to himself.
The longer he stalls, I mean, technically, Jerome Powell is going to do the same because he's like, I'm not going to make a move without data.
Yeah, I think July is setting it up to be very explosive.
Like I said, the tariff I think was
paused sometime in April, 90 days, and that expires sometime around July 4th to the 8th.
And then I think the FOMC meeting will probably be like a few days after that. So you can have
a combination of just legislation and crypto stablecoin legislation, maybe some crypto laws
put in ABLE. You would have trade deals actually being accepted
and new trade deals and tariff deals. And then on top of that, Jerome Powell getting data saying,
okay, now this is all finished. Let's do our first rate cut. So I think July is going to be a pretty
good month for us if this is all lining up like I expect. And I expect that Trump knows this stuff
and wants to kind of keep this stuff, you know, scripted for television.
I mean, you know what Jerome Powell was going to do.
You know, everybody was getting hands off yesterday.
And what did you hear?
You had Scott Besson in the morning saying there are no trade negotiations going on.
And then the market kind of dumped.
And then what did Trump say?
OK, well, we're not going to let Jerome Powell fuck us over.
So we're going to start announcing that we actually are in negotiations with China. And then you see, oh, the China administration's
going to be in Switzerland this weekend. Oh, ironically, we are too. And I think we're going
to come, we're going to start our negotiations this weekend. And then on that news, you basically
saw the market pump because I think it's priced in right now that there is no negotiation,
there is no deal on the table. And the fact that you're seeing that these people are coming together this weekend in Switzerland,
there could be a trade agreement sometime next week. And so people are trying to front run that.
And also China, yesterday, I think they cut rates also, which I don't know if Jerome Powell's
looking at this, but I don't think we're going to be left behind. But China QE, China's central bank cuts key rates and injects one trillion yuan.
So that's also facilitating a little bit of this upward price action of Bitcoin, because it looks like China is also capitulating and starting to rate cuts.
And I think America is last to do so.
I think Europe's done it.
I think Canada's done it.
China's now doing it.
Japan's done it.
And USA is basically
dragging their feet here. And man, if there's an unexpected rate cut this morning or this
afternoon from Jerome Powell, dude, you better expect we're going over fucking 100K. So it's
not priced in. It's basically, we're not doing it. It's not happening. But if Jerome Powell sees
the macro around the world cutting rates and they're the last one maybe he kind of says all right maybe it's time to do it
and maybe he does some kind i never correlated those things together i mean i don't know if they
ever if they've always worked in tandem like that and and maybe i just never was this close to let's
just say the music or something but is that traditionally how it works i mean i figured that
when you only do that when it's kind of a global recession global pandemic something of a global
scale right uh and then ultimately you have this i guess worldwide easing but is that how it works
is everybody cuts and then they try to like be the first one to cut or or i mean is this just us using that and trying to use
that as a well everybody's doing it when are we kind of thing i think that's it's it's everybody's
doing it so why aren't we doing okay i was like i just didn't know if like economically i was you
know ignorant and i didn't know that that's you know oh it always happens like this everybody
cuts at the same time and like the economy booms together or if it's just us trying
to kind of force his hand in that sense yeah i mean if you look at true inflation we're like
we're it's we're not i mean i guess we are in a kind of a trump induced recession but every like
if you look at true inflation we should be cutting rates like we like prices are down on a lot of
things um so i think what trump's saying like i think we should be cutting rates. Like prices are down on a lot of things.
So I think what Trump's saying,
like I think we should be cutting rates and Jerome Powell's kind of sitting here
like waiting for things to happen
when he should be taking advantage of the situation,
start cutting rates
because the markets are kind of capitulating
during this tariff time.
So if you actually look at inflation,
everything has been going down since April,
which I think, you know, barrels of oil, you can look at that as possibly people thinking,
hey, there's less, you know, supply chain, there's less people traveling, people think
we're going to recession. So the barrel barrels are down to like $57 per barrel. And that kind
of is leading to people having fears of recession. But eggs have been dropping, lots of things have
been dropping in price. And, and so that means that the economy is somewhat
healthy and that, you know, he should be lowering interest rates. So the shift is still also
occurring though. Right. Cause I mean, I think that one of the things that we're starting to
realize too, is that the deals that other countries made are slowly going to, we're going to start to
feel those. And I say that just because like uh when when i go like
meat shopping and stuff like that i normally get specific types of meat and the guy that i get it
he gets it imported it right and he was already saying that brazil no longer has america as let's
just say a priority because china's buying all the beef right and decided to to basically they're
offering a higher
percentage and other people, the trade route has changed in a sense, right? So it's, yeah,
it can go to America, but you guys are going to be taxed a little bit more. And it's not because
of tariffs, you're just taxed a little bit more because of now demand, and there's more availability
to get the same product, right? Which I think that that's another way and something that we have to consider for prices going up when they go up or if they go up.
It's not necessarily correlated to, oh, it costs more to manufacture or anything like that.
It could just be that that specific trade, that specific asset class now has new markets that
they can actually sell to, and people are having it in higher demand there or not, you know
And I was like, okay, that's interesting because I would have you know
Everyone here and I would have thought so too. It's like damn the tariffs
Meets more expensive. I can't get it imported right because that's all I mean in your mind that makes sense
So it's imported tariffs XYZ but in reality
It's not even that it's just they have somewhere now that they can sell it to
and those people are paying at a higher dollar right and then in a sense you then backdoor
tariffs on top of that and it's just added costs and margins but just other factors also go into
play when it comes down to goods and especially down at the consumer level too when things are
changing for the suppliers yeah i mean i've heard I've heard the LA, I think he's the
LA mayor or governor. There's someone in LA that runs the ports and he's basically on the news
saying that the ports are a ghost yard and there's nothing coming in. And like people are talking
about supply chain shock. And I think the administration knows this and this isn't like
a COVID situation. This is Trump did this. And so I think that they knows this. And this isn't like a COVID situation.
This is Trump did this.
And so I think that they don't want this kind of COVID level supply shock where we're like, oh, we're short on things. So I think a deal with China is in the headwinds because now it's getting around this FUD that we're going to have a supply chain shock.
And that's why I think, you know, once it starts getting out and people start believing it, that's why I think that this meeting in Switzerland this weekend was pretty inevitable.
And I think a resolution is going to come pretty soon. And then you'll start seeing the people
getting their jobs back because they're laying off a lot of people because there's nothing to do.
And so Trump doesn't want unemployment going down. He doesn't want any of this on his fucking
record. So I think a deal is closer than we think. And don't think it's priced in and i think it's going to be a massive boom for the uh for just
bitcoin and just the economy in general because this was this doesn't need to happen and this was
all induced by these tariffs and now that coming to a deal i think you know people will get their
jobs back and you'll start seeing those shipyards and uh starting filled again and people getting
their jobs back that were cut because basically because there was nothing going on well i mean because that's uh that's another thing that i don't know
if you know consider but that's how supply chains work i mean most of the time people are ordering
back stock for six months in advance so almost a year right so this stuff isn't necessarily oh
what am i going to do today or we have to tax it now it's we're going to feel that if nothing gets
resolved within the next couple months right and it's it's we're gonna feel that if nothing gets resolved within the
next couple months right and it's that's what we've been talking about well we're approaching
the 90-day mark and then you know typically would be at that six-month mark they would go back in
there they wouldn't have the overstock anymore if they've not been able to order etc so that's kind
of where you'd actually feel it here as a consumer Right in the web to world or going down to the the grocery store and see shortages is that and so I think you're right
Trying to front run that six month mark, right? Taking advantage of the 90-day pause
So all lining up in a sense, hopefully to do somewhat of a relief because it's more so just the lack of clarity
relief because it's more so just the lack of clarity. I think even if we had this stuff in
I think even if we had this stuff in place
place, whether it's bad or not, we'd figure out a way through it. And the markets in a sense would
rebound or just start heading in a direction after we got that. Yeah, 100%. I mean, what is
Trump talking about? It's going to be a truly earth shattering and positive development for
the US. So there's something big coming. I think this is a gift. This is just a Q2.
They wanted to fuck around with the economy in Q2. And I think once Q3 hits, which is in July,
I think everything is resolved. And I definitely thought this was manipulated,
kind of dumped, and definitely buying opportunities because they were only going to do this for one quarter because they don't want multiple quarters of a recession-like scenario here to
kind of put Trump in a pickle here and saying that he created the worst economy since he got elected.
So he's very aware of this. We'll see what happens. Also, just to have some macro stuff in
here, we'll move forward. US companies are buying back stock at the fastest pace in history.
What do the companies know? Maybe they're trying to prop up uh maybe they're doing stock splits or
whatever but hey they're they're purchasing stocks as fast as price as there ever has been since the
downturn so maybe they see a deal in the future movement labs has terminated their founder uh
rushy manshi the decision follows a coindesk report that revealed secrets of agreements between
um they denied it and then they got proven in the back channels that it was real and then they had that revealed secrets of agreements between
And then they got proven in the back channels that it was real and then they had to now just agree to fire the guy
It's just so funny that at first when the allegations came out. They were like, no, it's just allegations They just happened to be from the same
founding class
Yeah, and then they found out that it's real and now they have to admit to
quote-unquote firing him or officially removing his name as co-founder so
i had something that i bookmarked or maybe it maybe it's in chat gbt or maybe it was a uh
it was a thread going into someone that was basically suggesting this like a week ago I think I brought it up like on just in passing that there was some kind of disconnect between the foundation
and the contract and market makers and I think that what he was doing was actually giving some
of the Treasury to market makers when he didn't actually have the ability to do so and it was
dumping prices and shit like that so i forget where it is i would
go search for it but it's not that big of a deal he's fired anyways what up what up brother
gmgm uh i know you're going on macro i have nothing macro but this is close enough to macro
did you see that apple is exploring uh ai searches in its browser which i which basically
means it's implementing its own chat gbt model into uh i
guess safari i did not see that i know that apple has a partnership with chat gbt as it stands right
now i know when you talk into siri it searches chat gbt is this their own you can turn it on
and that's what i use now like my siri is i guess not sir anymore. It's just a ChatGBT log.
So is this their own custom AI bot?
Or is this just an extension of ChatGBT inside the Safari web browser?
Do you know the difference?
I don't know because it's all it is right now.
All the updates I'm getting is it says it's considered exploring AI in its browser.
So that would be one positive thing to have in a browser just to be able to get answers quickly or whatever.
Yeah, Google is cooked.
I mean, if you go into the Safari bar
and you type in, say, Donald Trump,
it gives you direct access to Google.
So the fact that now they're giving you direct access
to ChatGPT, that's they're giving you direct access to chat,
you PT,
that's why I'm saying search engines are dead.
Like everybody's just going to,
and it's,
it's going to be slowly at,
you know, it's such a routine right now to Google things over time.
Everybody's just going to use chat,
you PT or grok to do all their search features.
Now you can even purchase clothes and stuff,
but from the shop and stuff.
Google gave the best, uh, you know, can even purchase uh clothes and stuff but from the shop and stuff and get recommended yeah google
gave the best uh you know real world uh use was like i'm looking for a vegan uh restaurant in this
side of town with you know pet friendly or whatever and book it basically it puts you know
questions and answers out of people's hands and just puts people like NPCs and I go here, go here, go here.
Yeah, it's lit, dude.
And it's definitely an upgrade than searching through like Yelp or having to go to the third or fifth page to find a restaurant in your city because people are paying for ads to get on the top of the page.
So it's definitely a way better experience using Grok or ChatGPT
to do your search results.
It's definitely way better.
I appreciate you bringing that up.
If you have any information on it...
I think it's like a boomer thing to get used to, right?
Yeah.
I'm having a hard time falling into this boomer category,
but every day I'm making sure
I do a little AI session or something
because, dude, I still prefer Google.
I don't want fucking a data-based response.
I want to, I mean, I have ADHD.
My brain's going to be finding the answer as we look at all the options and all the results, you know?
And so I think that that also is one of the issues.
Not necessarily an issue, but I feel like for me, it's harder, right? Because I guess that's
where the vibe coding thing comes out. And you just say your mind over and over and it keeps
altering it to find what you want. But yeah, like as someone who has like ADD and ADHD and stuff,
I use Google because and then as I'm reading different results, I get a better analysis of what I'm actually trying to figure out.
And then I can go refine my search and stuff like that.
Versus right now, it's just very cut and dry with the answer.
And maybe I need the process to get to the answer first.
Chief, now they have specific AI bots, I guess you would call it, within ChatGBT.
So let's say you're just trying to grow tomatoes.
They have its own like planting chat GBT and it gives you more of a streamlined, straightforward
answer where it's better than the internet.
It's better than Google.
Trust me, I'm a boomer in the sense.
And like, I've been finding specific.
No, but you're missing it.
What I'm trying to say is I don't want to, I create questions based off not having
a direct question or needing a direct response, right? So I'll say how to grow tomatoes,
but then I'll get lost in the sauce on maybe like dirt care and pH levels. And that's actually what
I need for what I'm trying to do, right? but it started off like how to grow tomatoes or how to whatever. I don't know, bro. It's tism shit
So I don't really know how to explain it
But I just I build the questions going through I guess it's vibe coding
It's what people use the vibe coding shit for right?
You just spit out a million anything that comes to your head and it starts like goes wide net to a to a small circle
And so that's kind of why I like Google, right?
Or the difference in outputs is chat GBT or AI right now
is just very black and white.
You asked this, this is the result,
this is the process, right?
Rather than if I don't even know what I'm trying to get to,
you know, I'm trying to navigate the process itself.
And that's where the user aspect, I think we lose or you could lose.
Right.
I mean, I've only been using a hardcore, you know, an AI chat GPT or a tropics for three
weeks or so.
And thinking about it now, I haven't used Google unless I want to get like a company's
phone number and simply just go direct or find a maps.
But for like information or like questioning or like finding some type of answer,
ChatGPT got more streamlined, more simpler for me.
Even my older mother uses ChatGPT now as Google instead of Google.
So I see it taking over the boomer now slowly,
like slowly, because I'm a boomer at heart. Yeah. I mean, now with the deep,
the deep research tab, it's all about how you're able to prompt it. And I think a lot of people
are just very broad stroking used to Google like, uh, Nvidia. And now you just have to wrap your
head around that. You could be detailed as you want and enter in that in the prop and then put the deep research thing.
It scans every fucking thing.
It gives you sources.
It gives you threads.
And so now instead of searching, you know, five or six tabs, you get all that information in one input and it kind of saves you time.
So just wrapping your head around that now you don't have to be so broad basing.
Just talk about NVIDIA saying, I want to know exactly what the processor time of this NVIDIA
chip is and give me all the sources that you know about it.
And now you have that all at your fingertips instead of trying to, you know, source that
all out through five or six pages.
So it's just wrapping around.
That's the difference between searching a book and reading one.
I mean, you read the book to get all, I mean, you see what I'm saying?
You got to realize that you're missing information
from no longer sifting through it rather than being direct and you're also getting information
that you would never sift through because it's on page eight or nine that you would never even
scroll to when you thought you got your answer on page one or two so just it's each their own
i'm not going to get an argument about this so let's move forward new hampshire and then wait then, wait, I just want to add one little thing. And then it adds at the end, hey, would you want me to make a schedule or make a ratio or make some type of calculation for you?
So it does. It's almost like you're conversing with somebody else to brainstorm.
Yeah. Yeah. And it also gives you suggestions on the next phase of the research, too, which is pretty dope.
But a New Hampshire governor signs an HB 302 creating the nationals first state level
Bitcoin digital asset reserve.
The treasury may place up to 5% of total funds
into BTC or any asset with a 500 billion market cap.
Right now, only Bitcoin law takes effect in 60 days.
So this is news.
This is breaking.
I don't know if it gets vetoed.
I mean, it says the fucking governor signed it.
So that's a step from us getting vetoed in Arizona and Florida,
just putting this Bitcoin reserve off the table.
At least we're getting some kind of a move there.
MetaPlanet, which I told you guys is moving to Florida soon,
bought another 555 Bitcoin worth 7.6 billion.
Now, oh, yen.
7.6 yen.
They now hold 5,555 Bitcoin.
That's big news.
And then pandemonium happened, led by Miss Maxine Waters,
walked out of the digital asset hearing to protest Trump's family launch of its own digital dollar.
Stephen Lynch shouted down as he calls out conflict of interest from Trump's personal crypto endeavors.
So we have the Democrats being the little chihuahuas that they are by barking, saying
there's insider trading.
You guys can't profit off your likeness while they're all profiting off insider trading
themselves.
So it's just nice hypocrisy.
That's what politics is all about.
And the last thing is Ohio governor candidate Vivek Ramaswamy, $2 billion strive
capital to go public at Bitcoin Treasury Company. They are going to buy $1 billion to start. This
is massive. So that's a little bit of the macro that's going on in the space. I also saw something
with World Liberty Finance is doing some kind of airdrop, which is just kind of following up
with just kind of this macro since Trump's involved.
World Liberty Finance opens a vote
for USD1 stable coin airdrop
to World Liberty Finance holders
testing system functionality.
Voting ends May 14th, 2025 with a 99% support.
So I have a little thread up here also just saying,
hey, WFL fam, it's time.
A new snapshot live goes for the airdrop USD1
to all eligible World Liberty Finance holders.
Free USD1, the hottest stable coin in crypto.
Don't miss your chance.
So if you do hold this, I guess do a vote.
And there seems to be some kind of airdrop
that's coming in the future.
And I also heard some rumors.
I don't know.
People are talking about that there's going to be a new Trump token that comes out soon
and that they're going to have the contract for it,
which will fucking collapse the original Trump token.
I've been hearing truth, not Trump.
The Trump token, yeah, maybe that's what it was.
Yeah, I've heard a lot of people say that there's going to be a truth token,
probably in line with Goblin Town and all that kind of stuff with their latest campaign. But yeah, that's been the rumbling, I guess, in a bunch of chats is, yeah, I've heard
truth token and I'm like, oh yeah, truth doesn't have a token yet. So maybe. And then like a year
ago or two years ago, I don't know if anybody even remembers this, but they dropped the roadmap
and there were two items that were still missing from that roadmap in terms of crypto based projects.
Right. And this is like Illuminati, Truth, like all of that Goblin Towns, I guess you'd say parent company.
So I wouldn't be surprised if a token is in there, especially now with the new scenario and them getting hype on the game itself.
Yeah, I just think it will definitely, people will associate with Trump,
and I do think the Trump token will go down in price if there is a true social.
Because you would imagine that Trump supporters that are in Web2 are going to say,
okay, well, I'll cut a 50% of my supply of my Trump token and also support this one.
So I do think it's just another added token to the Trump family lineage.
And I think it's just like a token to the trump family lineage and i think it just is just like a pvp like we see in meme coins it's just going to spread out the
liquidity and i do think the trump token will probably go down in price until there's some
kind of announcement of a sink in his game or another uh dinner or whatever it is so no what
i'm talking about is not associated to trump at all it's not truth social it's truth like
from illuminati truth in goblin town
that's what i'm saying oh i thought you meant true social no that's what everybody's talking
about right now is the goblin town truth token or at least that that's what i've been told there
is people that are speculating about not true social but i mean the trump one didn't he already
have world liberty finance as a token i think so I also hear there's another one coming out from their family soon
I know if it's Eric Trump. Yeah, that's what I know that there's like his kids and shit
But that's also why that there's that new bill that you can't profit off of crypto and all that shit like you just talked about
Too so yeah, I remember that lady asked him on his interview
I don't know if you saw it, but it was like hey, you know
Your token pump this weekend or something with the announcement and he was like
oh yeah what how much is it and like obviously they don't understand fdv they don't understand
any of that right and so she looked she was like oh it's uh 14 he's like 14 what she's like dollars
he's like oh that's not good i got stocks more than 14 dollars you know he's like we need to do
better but he's like obviously it's market cap and all that kind of shit per token.
But it's just funny how, quote unquote, normies, even when they read this kind of stuff,
because she looked at her paperwork, right?
And it just said the price of the token, $14 each.
They don't understand what that means.
Market cap, FDV, circulating supply, any of that, right?
It's just, oh, it went up from $10 to $14.
You must have made a lot of money. i don't think it was that i would think she was trying to like
shit talk him that saying that it was only fourteen dollars and like bitcoin is 95 000
i didn't even know about the truth token i mean it makes fucking sense that goblin town be launching
a uh a token soon especially you know them kind of revving up their game and shit like that.
So I think that'd be a big one, dude.
I mean, we have Doodles.
Now, I guess the legacy NFTs from 2021,
I think the last one is possibly
fucking Gobletown
that actually went to a high price
above 10 ETH.
The last one to kind of launch a token.
So that kind of makes sense.
Lines up.
I mean, Chief, did you see
what's going on here?
I saw CB Spears posted that these OP20 tokens token so that kind of makes sense lines up i mean chief did you see what's going on here i saw cb
spears posted that these op 20 tokens are now trading for 190 to a thousand dollars in a
chinese otc channel they cost ten dollars to mint a thousand yesterday and now up 1900 percent and
then uh is this the same thing that life05 was talking about these op turn yeah kind of so
basically like people that space that we talked about yesterday that was, used to be saved for, specifically for transactions and stuff like that, right?
They removed the limiter and the governor, basically, so to say.
And then instead of now putting inscriptions inside the witness data, which is what ordinals is, right?
It's where they used to store the actual metadata and stuff like that
People are taking advantage of this new open area inside. Let's just say the UTXO
And they're filling that whole zone up with inscriptions and just now with what they're calling op
I guess op cryptions op inscriptions or something like that
so it's a not to say a whole new asset class
or a token standard but just utilizing a different uh line of code right inside the the blockchain
transaction right or inside a bitcoin blockchain transaction so i guess i'll read the light post
thing uh i mean dude's a goat so some people joke about using opera terms for jpeg collections
including udi and farmer joe obviously a min is a troll but i was curious if you really wanted at man did the go so some people joke about using opera terms for jpeg collections including ud and
farmer joe obviously a min is a troll but i was curious if you really wanted to uh wanted to do
this how you would do it so initially inscriptions this is retarded idea and you absolutely shouldn't
waste any stats on it but if you were to do it this is the way um or what the wizard of orge jpeg
in this inscription is actually stored in the reveal transaction op return.
It shows the mempool.
The inscription simply reads the op return data and displays it with an image tag.
One nice thing about using data URLs is you can just copy and paste into a browser address bar to view the content.
Much simpler than paraphrasing inscription envelope bonus inscribe.dev now lets you attach opportune data to the reveal transaction
so i mean this kind of seems a lot like we were doing with uh those first is first all kinds like
where people were buying for 60 bucks and selling them for like 150 the next day there's a lot of profit of this
first is first on these typical protocols but within a few days uh these things kind of fade
and uh the profit's gone and then you just wasted your stats on something because you're chasing
and a lot of this stuff is like just like meme coins guys on soul you have the trenchers they're
on pump fun you have people staring at the fucking mempool all day that catch
this shit instantly and then they once they got their bag they go on the timeline and say oh we're
selling this for this amount we're selling this amount and then you're hearing about it and then
they're dumping on you so just know that these are just like the same thing as meme coin trenchers
people in the mempool are just staring at this shit and once they see the fucking shit pop up
on the blocks like what the fuck is this oh it's 60 bucks let's fucking do it and then they see the fucking shit pop up on the blocks like what the is this oh it's 60 bucks let's do it and then they start promoting it and uh start doing these otc deals to drive up demand
and volume and act like there is and then they start dumping on you and these things fade away
in less than a week so i wouldn't hop on this but what the do i know china's number one i mean
china's taking this and and trading this otc, maybe there's this first is first narrative.
There'll probably be one from people on this side, right?
Someone will drop one, someone will experiment, put it out there, and just it'll start trading.
I mean, the thing about this is that I don't think you can, these can only be traded OTC, right?
So because you're building on Bitcoin and because you're utilizing
Bitcoin, we talk about all the time that these marketplaces basically offer a siloed version or
a VM, so to speak, of Bitcoin, right? It's Bitcoin on Magic Eden, right? Versus Magic Eden on Bitcoin.
So that's the biggest difference here.
When displaying ordinals and in the back end in terms of infrastructure, all that, they pull information from the witness return, right?
The witness data.
And so in this obscription stuff, you're going to have a hard time actually displaying the images.
You're going to have a hard, I mean, it's not made to trade the way that ordinals are, right?
And because on Bitcoin, we have to tweak the front end to read everything that we're doing anytime we innovate,
someone is going to have to create either a marketplace, some innovation or somewhere to be able to read these
from the op return rather than the witness call data does that make sense so it's just one of
those things anytime you innovate you gotta you gotta get you know everyone on board it's part
of building on bitcoin whatever right so uh right now or i even think i mean if this doesn't catch
popularity there probably won't be a an centralized way, a marketplace to do this.
It'll probably just stay OTC and on spreadsheets and shit.
I mean, people made hell of bank on that, right?
Doesn't mean that it's not worth something.
And if it continues to grow, doesn't mean that it can't be added on to any of these
marketplaces, right?
So that's just something to keep in mind too.
A couple lines of code, you can do so. But i did want to put up some data about this right uh ultimately the biggest
fight was going on of uh would the miners care about what's going on in terms of the actual
um what's inside the transactions right and basically the software that you have to run in order to be a miner slash
a node runner, they were trying to change that at the fundamental level. And they are, right,
with this new OP return, removing it, increasing the limit. So I posted up a chart up top,
and you can see the only two mining pools that are open are the only two mining pools that are accepting the
op return with a higher limit right and so in a sense this is where we talk about is they're
running a business right i mean they're not going to sit here and try to care about the politics of
what laser eye does this and you know well i can pee longer than you can't no one cares, right? At the
end of the day, they're here to stack sats and mine Bitcoin. And ideally, if a software is being
the bottleneck for literally a 20% gain in usage, I guarantee you this isn't going to stay like this
for long. And that's what the whole argument was and the pull request and the github and bitcoin core uh was about this right whether or not that you know people are saying well the
node runners are the ones that control how bitcoin should run and if we control the software then the
miners have to follow us and in reality uh it's not like that i think that we're or we're feeling
a little too entitled and they're here for money. It's a
for-profit business. And this is proof in the pudding. So you can see that the only two pools,
he just says, accept non-standard transactions, such as OP returns over the standard limit.
I'm sure the miners will go against their economic interest by pursuing a business strategy based on
a technically flawed moral argument. So this is
them just trying to bitch and complain, just be laser eyes and say, hey, it's meant for this and
nothing more. And this is what was overturned. And the proof is in the pudding within one day.
So good, good kind of chart to segue in and, you know, just double down on that. That's what's
going on. And that's who's
getting paid and those are the only two pools getting paid right now do you think this is a
flash in the pan or this has legs do you think like we're gonna be talking about fucking opera
turn fucking no i think it'll be a flash in the pan uh if you see a marketplace willing to display
this then you may have legs and something to consider. And then you'll go for
I'd go for any of the first of like, if someone makes a collection out of this, right, but the
only issue is, and farmer Joe talks about it in the comments. He was wondering if this can be used
to reference like an AWS link, an R weave, something like that, right? And it can't. It can only reference ordinals using ordinal ID and
inscription numbers and ordinals.com doesn't display anything that is from a hosting service.
So you're still limited in that way, right? If this opens up to where you can inscribe in the OP return, let's just say an ETH link and just use
this as a ledger of saying, hey, this is here on Bitcoin or whatever it is, rather than validating
the asset itself is on Bitcoin, you're validating that the asset is either moving hands or something
like that, right? You now open up a different style of trading. So you now go from using it as, uh, like, let's just say a safe and peer to peer to where you can,
in a sense, issue out synthetics and have things move paired one-to-one and open contracts,
composability, you open up a whole nother world, right? But right now it's still limited to only being able to recursively pull ordinals and from ordinals.com. And so if it
opens up to accept any kind of hosting service, then the ball gets rolling for, I don't know,
some fun stuff. Oh, I mean, do you think that they could, I mean, is this going to be something
that's more constant? And so do you think they like ignore it at first, but it comes such a attraction that they have to at least list the data and actually host that?
I don't know.
It just kind of seems like if they ignore it, then it could get out of hand.
And then people are like, why isn't this shit, you know, being displayed?
So, I mean, get out of hand, I guess for who?
I don't know.
I'm just saying maybe if there's some value in some of these, people are going to want it, like, you know, to see their bags.
I don't fucking know.
I'm just trying to think of, like, what is the bull case for this
to get this, you know, back and people actually building on this.
I don't think people are building on this.
This is just motherfuckers testing out the limits of new tech
and having fun with it, right?
And, like, that's why you said you shouldn't do this.
This is an inefficient. Like, you have no composability with anything in the ecosystem
if you do this like nothing at all wallets gonna have to have a new update and patches to be able
to not spend those sats like nothing is going to work for you so it makes no sense why you
would choose this besides to just around and be a degenerate you know well you know how this space
is if this is trading for a thousand dollars then there's gonna be the
opportunist like oh i'm gonna launch my own collection over here and then that one might
be 300 bucks or some and then another one launches and that's 10 bucks and they're like why are you
showing my and so i'm just like wondering if this like opportunists take advantage of this and
there's actually some value here for the short term but i don't i don't think there is dude i
don't know this is just i i've seen this over and over again this first is first
shit that's all that matters and then everything else just goes to zero maybe these have value
over like a long period of time or this is the first one but i just can't see this like gaining
traction and marketplaces enabling this stuff to actually uh so people even care but uh just the
ordinal stuff we've been kind of deep diving i want to kind of
cycle out of it but there's one thing i typically leave these for like the upcoming projects at the
end of the show but since we're on ordinals uh there's something called rune packs um today
we're announcing our new rune launch pad rune packs.rip rune pack tell me if you heard this
before rune packs lets you launch and trade runes on a bonding curve and claim free rune packs with btc and runes as base tokens and two second block times
it sounds a lot like odin.fun or something like that but this is a new um it has let's see how
many followers it has it has 4k followers i got uh I got alerted on this.
It's RunePacks' fast, fun, easy-to-use platform where anybody can launch or trade Rune tokens using binding curves.
Binding curves claim free RunePacks with a chance to win token rewards.
Experience a clean UX built for speed.
Two-second block times on base.
This is on base.
Using CB, BTC, get exposure to Bitcoin runes tokens before they go public.
So typically leave that for the end of the show.
You guys can do what you want with that information.
Since we were talking about ordinals, there seems to be a new way to create a Ponzi on base using these runes.
And I just wanted to throw it out there if you guys are interested to deep dive into it.
It is using CB, BTC, which know backed by coinbase and all that other
shit so been yapping a lot chief you got some stuff you wanted to bring up uh before we move on
some stuff in your alpha you want to talk about today's mints where you want to go next brother
oh i mean you can just keep moving uh i'll post stuff up in between but i mean i got stuff that's
not necessarily like full breakdown but what we confirmed yesterday or talked about phantom
once again continuing the rumors on of potential uh launching its own token right or the airdrop of that just more and more rumblings on that end uh and so just curious to see that and then just
something else that i don't really want to uh stay too much on but um blockchain analytics has proven that the whole zero bro jeffy token all that kind of
was fake uh they have the wallet selling 100 i think 100k plus over of tokens after the death
uh they followed wallets out pulled out money etc etc so according to bubbles maps despite the
rumors of zero bro developer jeffy you has
committed suicide the address associated with jeffy you sold more than 100k in zero bro
and traded ll jeffy after the obituary published and the obituary legacy link has been deleted
he has also came out with a full announcement post that again saying hey this was for fun kind of thing so i mean i don't know
i don't even know what um i don't even know what to say about that yeah it's just it is what it is
i don't want to like give it too much limelight but we we thought something was sus yesterday
of you know creating a token as my legacy and faking a suicide and and yeah sure enough it is it was what we thought
right so this guy how did zero bro even get attention was it the daily loud that they had
their first album i remember chief art not chief but uh it was the it was the the vape cabal like
really pushed it heavy bro that's what i thought and then i saw jeffy on a few spaces and like
talking about his token and people let him up so he definitely got the exposure uh and that's what i thought and then i saw jeffy on a few spaces and like talking about his token
and people let him up so he definitely got the exposure uh and that's all it took during the ai
slot meta is just getting a little exposure on these live streams and influential people talking
about it that shit went to like 160 million plus and now this motherfucker is rugging his own
community and faked his own death which is actually fucking diabolical. What up, Jit? Yo, fuck that guy.
When I was in Arpazel, Miami,
I saw him and like,
like I, like,
I saw him at a few things
and like everybody was like stroking his shit,
you know?
And then I had,
I had one conversation with him
waiting for an Uber.
And it's like, you know, me,
I don't, dude,
I fucking just call like a regular
uber this guy is he's dressed in like all alexander mcqueen oh no alexander wang and he's
and he calls an uber black that like pulls up and picks up him and his co-founder and i and i do i
literally had like a five minute conversation with him because i just wanted to like suss him out
because i already had felt that like this whole thing was just a larp this was in december by the way and like i asked him a few questions and like he said like something
he you were like rolling out some sort of like python integration and as soon as he said that
i was like yeah dude like short this and it was out for sitting out like i swear to god like it
dude it's so easy to stuff out like these like grifters in this space bro it's just it's so easy to sniff out like these fucking like Grifters in this space, bro. It's just it's so oh dude. I mean we talked about that
The AI XBT thing right? I mean AI XBT managed to launch a token on boob figure out a brand new protocol
Oh, and it's sold its airdrop yesterday
But I mean it's still out there tweeting like it's a bot every other tweet you
know that's all going on in the background but all the replies are still this chat gbt rapper
ass response right so that's one thing too it's be be careful obviously these robots are not
learning this stuff that we have are barely learning within an hour or two you know and
going someone's back there clicking the buttons
just we're not to that point yet right we'll get there eventually you know and and i know that you
know a lot of people get in the sauce and the ai stuff but just there's humans involved yeah there's
humans involved i mean i'm just agents yeah sorry really quickents can't do shit right now. I am literally one of my close friends in the space. His name is Mike. He has a ton of mad lads. He built his own agent framework in Elixir, which is like the best coding language to build distributed systems on. Discord, WhatsApp, Telegram, all built on Elixir.
on discord whatsapp telegram all built on elixir and like his framework already has over 400 stars
launched three months ago and he so he's deep in the ai agent trenches and after doing like spending
like the last like you know like four months doing like product research on it like agents can't do
more than like automate like simple tasks for like websites and shit and that's what he's selling to clients now right like we're looking to incorporate some of his stuff for
cube but it's just very simple very simple shit right so i don't know this whole thing's a larp
but none of these tokens we don't even need a token for the half of this fucking shit in the
ai and i think that's when we dressed up the Ponzi or the magic trick was like oh we
why do we need a fucking token for half of this shit and that's why they go down to zero and
pretty much this is just meme coins that have like a sense of utility involved in and all it
takes is a few KOLs to talk about and that's what everybody fomos into but that's what it is I think
people forget that X is that these are still just meme coins with utility at the end of the day if you actually want like
What you're the utility then there's an the service that sells that utility as a whole way cheaper less speculative
With support, you know and everything like it's a regular business type shit
And that's what we were talking about to like the real people brother
Tell you to go spend a hundred bucks and that's like five subscriptions to everything you could possibly want.
And you literally have five bots for a hundred bucks for a whole month type shit.
And that's it.
They'll literally tell you like, I don't know what a zero, bro.
You don't need none of that.
Literally your 20 bucks or your pro subscription to one or two of these.
And you can do 99% of what's able to be done, right?
That's another thing too, is people think that they're going to go out.
No, no, no.
There's certain stuff that you can do, and you pay for doing that, but that's it.
So, yeah, I mean, they're just meme coins with utility.
It's basically, I mean, that was the correct answer, right?
It had promise, bro.
Like, if people didn't grift this shit, I could definitely see this being a new asset class that people actually could build and be excited about but it's basically frant ran the grifters and now
it's basically yeah because i was asking you i was like why would i buy a coin so i can go ask the
chat like the the ai bot you remember and you're like well so the ai bot can give you the correct
answer and i'm like yeah i get that but i you know there's just so many options and that's what i never understood is like how that flywheel would work when there's
so many options for like so cheap yeah i mean at the time when this came out in october of last
year i mean chat gpt was pretty basic it didn't really give you great responses and i think the
thing that they did was kind of web3 focus like they're talking more about web3 token prices and
what's being mentioned so i I saw value in that.
But now with ChatGPT and Grok being so far advanced, these AI bots look like prehistoric.
And so like they don't hold up to anything that we have now.
And I think that's what I was saying.
You guys got to keep updated what's going on in the real world because this stuff will
get updated and there'll be flows just like new meme coins
because once there's a new upgrade,
then this looks prehistoric.
And then probably people are gonna use the new stuff
to create the new Ponzi
and then the old stuff's gonna be left behind.
So it's just like being very aware
of what's actually going on with these real things
and seeing if there's any kind of trickle effect
into Web3 with the new stuff.
And like right now we have what like i think the
one thing i could possibly see is when you put images into chat chubb t there is ip uh management
like if you say there's watermarks on a thing like oh we have uh uh facilitated ip laws and we're not
going to let you uh take the watermarks off this picture for due to IP purposes, I could see a Web3 product going around,
a decentralized Web3 product that doesn't give a fuck about IP,
like doing these things that these bots maybe won't do.
And maybe that is something that has actual use case
that actually people actually use.
But other than that, I can't really think of anything in Web3
that any of these chatbots,
why I would give a damn about any of these chatbots
other than some stuff that's like restricted based off ip restrictions uh on these on these image
generators i guess like not to say one thing but like you know i was working with with ai doing
the chat gpt thing i was using four and you know i got to a point where it was like we can't continue
unless you'd like me to draft like the paperwork in order for you to be legally sound
and i'm like i even messaged boo i'm like yo do i like fuck myself up if i just go over there and
tell it to break the law and he's like it won't like if you get yourself in that position to where
the only way to continue right it's basically well, if you want to be compliant and not go to jail and
still continue to either brainstorm or think about your idea, you have to do this. And I was like,
no, no, no, it's cool. I'm not that big. I don't have to do that. It's talking about tax shit,
right? It's like, no, you're not that big. I was like, I'm not that big. You know, I make
no money at all. We're good. I'm not about taxes and it's like no we can't continue uh unless i draft these paperworks for you or you know you set yourself up
and as a xyz and so i can see services that offer a way for you to ask the legal shit i guess or
tell it to continue while still uh i don't know having errors pop up that it's doing something
that it shouldn't be doing but there's jailbreaking apparently i don't know having errors pop up that it's doing something that it shouldn't be
doing but there's jailbreaking apparently i don't know bro boo sent me the craziest bullshit
paired with a link to rick and roll and he's like just put this in your bot it'll like break it
for a minute and then it'll come back and it'll be able to do whatever you ask it to do because
it's jailbroken i was like yeah that's. You got to jailbroke the bot.
Yeah, I mean, that's kind of what reminds me of DeFi, right?
Your bank's not going to give you anything because you have a bad credit score,
and then DeFi opened up and was like, okay, as long as you have collateral,
we don't give a fuck about anything.
Here you go.
It limits the restrictions on it.
It's just a free open playground for anybody that wants to play.
And I could definitely see in web3 being facilitating that and like like there's a lot of restrictions on that but it doesn't say that like a lot of these ip restrictions don't matter
in china so you can just download the china version and don't have to pay for any kind of
crypto uh to use a lot of this stuff that actually you know restricts ip laws in america so there are
options out there
already and just mentioned a jailbreak right so yeah i do think this is i just don't see really
other than that like these chat bots doing much uh much damage and these these tokens are just
basically grifts and uh you know exit liquidity for a lot of people so do you want to get into
the eth upgrade that's going on today i mean yeah i yeah, I pinned it up to the top. Oh, yeah, it's called
It's a newest update. It's called the pectra
and then there's also I guess a little bit of
I guess fun or or just misinformation that's going on right so the picture up to grade went live
roughly about I Think two hours ago three or four hours ago it
says that picture is now live on each mainnet smart account wallet UX
features are now active L2 scaling for data storage blobs increased by two
validator UX improvements are now live so in a sense we've been talking about this idea that, you know, every wallet
would be that smart wallet, you'd be able to start connecting now with these different privy systems,
right, removing the need for always having to kind of sign every transaction, the need to always
having to interact yourself, being able to default to some type of AI agent or wallet
functions. While this is just the infrastructure that opens the gates for that to be utilized,
we still have to be implemented in the actual wallet providers themselves still. So not necessarily
something to be scared of. But when these implementations do come up, they do access and almost open the door, right?
Like an open connection, so to speak, similar to how ETH does, to all the tokens in the wallet.
You're now opening the wallet instead of individual token contracts and assets inside the wallet, right?
So it gives access for programmability to a higher degree, but also for scammers and other people to, you know, take advantage of that. All the signatures and the prompts and everything utilizing Pectra will look different when they are for, let's just say, a open all, I guess you could call it right for access to everything. It will not look like a regular transaction because in a sense you are opening your wallet. Any NFTs inside, any fungible tokens,
non-fungible tokens, any kind of contract you've interacted with, all of that becomes accessible
with this new upgrade if they use this new function. So just F on kind of a people being scared or hey don't click
anything you could lose it all yes there is some truth to that but it is still the same as how it
was before you have to allow these connections to one exist and then to to have access to everything, right? I recommend if you're on ETH, Rabi, right?
EVM, I think it just covers more than ETH too, so it covers everything EVM.
Rabi is really, really good at just pop-ups and almost being annoying.
If you send money, if you're interacting with a brand new address,
address makes you put in your password to make sure that you know you're interacting with the
makes you put in your password to make sure that you know you're interacting with the new address.
new address. If it's a brand new contract, it'll give you a pop-up that you have to physically
click and ignore. Hey, it's a brand new contract. Oh, well, yeah, the project just launched
yesterday. I know it's a new project. Ignore, continue, right? But you have to go through that
process mentally. MetaMask has WalletGuard built in. So a different set of
metrics and thresholds that it's looking at, right? This is more so looking at what it's
pulling and what it's trying to execute in its transaction and for scams and shit. So
different things, different purposes, but definitely I would say wait until um these wallets have updated themselves and make
sure you physically go and update your extensions if you're using anything eth-based and that they
will be using pectra uh go ahead you know vitalik published a a blog and uh ethereum layer one needs
to be simple this guy basically put his thing in the chat GPT. And just to give you guys like a better understanding of what Ethereum is trying to do here.
So it's basically Ethereum's base layer, maximally simple and minimally expressive, like Bitcoin,
get layer two's handle complexity and experimental experimentation.
So why simplify the L1?
Easier to understand, build, and secure.
Reduces risk of bugs or governance capture.
And more accessible to new developers and low infrastructure costs.
So, I mean, you guys could read through this.
But I was listening to some people in token 2049.
I think it was the Synthetix founder.
And he moved Synthetix off L1 to Optimism.
And he was saying that he's actually moving back to Optim optimism, this L2, back to L1.
And he was saying that actually these developments is not as bad as it was like Ethereum before all this stuff.
And it's faster, it's cheaper.
And he was saying that L2s have been a failed experiment.
And he's saying the reason why it is, is there's just too much fractionalization.
People don't know what tokens to buy.
People don't know how to bridge.
And if you're trying to get new users onto your dApps,
it's very hard to get these people to understand what these L2s are.
And so he's saying the reason why Ethereum has failed is because it's not simple.
And you see that with Solana.
Like it's an L1.
All you buy is Solana.
And now you have it.
Now you participate.
Now you play. And now Vitalik is basically pivoting
and trying to make Ethereum more like Solana
and introducing these ZK proofs and stuff.
So this is basically what people have wanted.
It's like Ethereum Foundation, do something.
And so Vitalik notices this and he's like,
all right, well, let's make the L1 as simple as possible
so people can build, be secure.
And then people will build more dApps here.
We'll support those dApps.
And then maybe the users will come onto these dApps that they're not actually doing on these L2s.
And it was just kind of interesting to hear someone that actually moved to an L2-like optimism saying, fuck these things.
This has been a failed experiment.
Look at the Ethereum price.
It's not going up.
And that's what everybody cares about.
And no one's even doing anything on these L2s.
And that's why we're moving back to L1 so we can be more like Solana. So the competition,
the Solana has killed it. And competition breeds innovation. And Ethereum has noticed this.
And they're trying to be more like Solana. And I guess we'll see if this actually works. I mean,
it's going to take some time. But that's ultimately what Ethereum is trying to be,
is be more like Solana.
And they don't have the user base right now
or the developers,
so it's going to be a pie in the sky if they could do it.
But this is their attempt of trying to compete
with all the dApps and all the stuff
that's being built on these other chains.
So just interesting to hear someone actually say
that L2s have been a failure
while all these Layer 2s continue to pop up left and right every day.
And people are building things like Mega ETH and this other shit.
And, you know, some big people are saying, like, it's a failure.
I'm moving off these L2s and going back to L1.
And I'm like, yeah, go do it, bro.
Like, if it's faster now and you don't have to get that gas price to like $15 and it's cheap to like cents,
then I could see why. Why would you go to an L2? It's way simpler to tell someone to buy ETH
and now you can perform on ADAPT and trying to figure out how to bridge all this shit.
So it's just interesting to kind of hear people talk about it at token 2049. So
what do you think about that? I mean, it's pretty interesting. I mean,
I don't think this is going to work for Ethereum, but I guess it's a,
it's something, it's something,'s something i guess go ahead jit uh i uh i feel for the eth romantics in the room it's uh hasn't been easy um but uh what's
i gonna say uh do you guys know because i was listening I was listening to something earlier today about this upgrade.
Apparently, it's going to allow for any token to be used for gas.
So, you know, this is like another blow to ETH.
Like, I mean, bro, like...
It's kind of like what Soul did.
It's what the Soul Wallet just did.
So, where, like, you can use the underlying token that you do have
for gas so like if you only had rb and you needed to swap and you didn't have eth eth
it would use your rb in that sense or use the the destination token
yeah that is uh that is a fucking major blow to Ethereum.
I don't know.
I feel bad.
I generally think that ETH is probably just going to go to under $1,000 and eventually find some sort of price point in that area
where it'll kind of just sit at.
Because ETH is now best kept at a low price
so that people can actually transact on it.
And as soon as gas starts to spike on there,
yeah, I think we're close to an equilibrium on ETH.
But this is definitely probably the end.
Too much DeFi is out there.
That's the issue.
It'll move.
It'll move.
Founders are going to figure out that they need to pivot.
Like the whole thing is just, it's literally like, I literally called this when I entered
the space that ETH was going to, I didn't think it was going to be as bad as it is right
now, but like, it was like so telling, like very early on.
And it's just, it's like, people got to stop saying like L2s are like a failure and stuff.
You just got to like zoom out.
Like the real mission here is like, how can we build like highly distributed systems that
are to an extent decentralized and like, you know, what censorship resistant, right?
Like that's like the real goal here.
So it doesn't matter if it's EVM, SVM, move, you know, like that's like what we need to
all like start like focusing towards.
It's like, how do we just build a blockchain that is just super performing and allows us to do all the degen stuff that we need to do.
And like once you start to like think about things that way, then like more possibilities start to open up.
Yeah, I mean, we'll see.
I think the bottom's in, I need to be personally honest.
I mean, I think that now for here on out you'll probably
start seeing more projects move off l2s and back onto main net i mean i don't know i do think it
doesn't get under a thousand dollars but i do see you know not getting back to all-time highs for
forty two hundred dollars i could see it getting back up to maybe three thousand dollars this cycle
but i do think the bottom's in on it, bro. So definitely see. Go ahead, Chief.
You have some stuff you want to talk about, my guy?
Yeah.
A couple things going on, right?
Let me give them my bookmarks.
All right.
So update from the Solana name service yesterday.
We brought that to you guys to check.
I mean, I saw people get a decent
allocation and you know obviously the hopium started uh dollar token but i mean we got some
people that have a decent chunk so the sns uh genesis airdrop is the beginning of a new chapter
for solana name service 2 billion sns tokens uh equaling roughly 20% of the total supply, are being distributed as the
initial rollout.
Here is the breakdown.
40% will go to airdrop.
20% will go to future emissions and community.
26.25% will go to the ecosystem.
5% goes to the liquidity.
8.75% goes to the liquidity, 8.75 goes to core contributors. Man, look, I'm not a tokenomics
expert, and I know that this might ultimately work out in their favor and work well, but
it just visually, seeing that you only have 5% of all this money that you're giving out
as liquidity to back all this bullshit, that looks bad, like in my opinion. That money that you're giving out as liquidity to back all this bullshit
that looks bad like in my opinion that means that you got five percent to prop up 95.
granted it doesn't work like that right market cap amount distributed amount actually in circulation
etc right but at a certain point you realize that the ratio is uhally huge in there, right? So it's not much liquidity to
balance this entire token out, especially for the longevity. But hey, what do I know? It's 1.5
billion tokens being airdropped to 275,000 wallets that held at least one point sold domain at the
time of the snapshot. 500 million tokens will be
distributed to the ecosystem partners to help grow and support sns community another discrepancy in
margins i mean just numbers bro you're giving out 1.5 billion right and then you got 500 you got a
third of that to support it from the ecosystem out as partner campaigns.
So two billion will be claimable by LFG campaign participants.
Two billion allocated to future emissions.
Two billion, two point six billion to ecosystem growth.
Five hundred million for liquidity provision and eight hundred and seventy five million tokens for core contributors.
Four year lock with a one-year cliff.
So based on these numbers,
they have 1 billion tokens to be used as a support slash liquidity
for a, what, 10 billion supply?
We are only getting started.
Be sure to check out your allocation.
Genesis AirDrop sets the
stage for what's ahead so i'm not saying that i don't think uh this will last but i don't think
this will last bro so if you got bags enjoy them get off of them maybe create a liquidity pool on
meteora farm that airdrop whenever this goes live right there'll be a lot of ways to play this but i
just don't think that the underlying token itself will hold much value after everybody gets through this dumping process because this was years.
Right. I mean, we even had the guy come on the show last yesterday and tell us that it was three years of minting names.
Right. Until finally getting here. So, I mean, just putting it what it is just so you know the setting just so you know
kind of the numbers out there and how many tokens are going to be floating but i personally don't
think it'll be much i'd be looking for options on how i could use my tokens to make more money
with an lp or something like that good yeah i don't know if i got kicked or i got disconnected
from twitter but uh you know they've already kind of did an airdrop.
They used to be, this is a rebrand, they used to be called Bonafida or something like that.
They had FIDA tokens where their market cap was around 200 million, and now I guess they're rebranding to SNS.
So there is some type of historical reference you can go back to.
Bonfita.
Bonfita, yeah, yeah i remember didn't task talk
about that yesterday like he was like this is called bonfita at one point so yeah that's fucking
nuts so they've already done two airdrops cool maybe that's why it's fucking dog shit uh what
about the doodles token is are we gonna get peanuts for this um i guess if you just have a
solana seeker i guess that's the only way that you're going to get any money here because i doubt any of you guys done anything on base or anything like that so
yeah they announced it's going to be on the 9th which is a great day i'm just kind of looking at
so the current market cap of doodles and genesis boxes and duplicators combined to like 71 million
and the pre-market of dude on Whales Market is around $300 million.
So if Dude stays around $300 million post-launch,
each Dude holder will receive about $5,400 at each airdrop.
You know, $540,000 won't be all profits, though.
The NFT price will fall in half and even lower after the snapshot is taken.
So it looks like you're probably getting around about five thousand dollars uh for this and i saw pranks he talking about he's like what would i get if i held so it's just interesting did you post it up oh yeah it goes to are you gonna the the
allocation right yeah go ahead yeah go ahead 13 of the total supply of dude will be allocated to
the communities that align with our missions and
values those include bonk bot top 50 active traders by volume to bonk uh bonk the top uh 200 or sorry
the top 2 500 wallets from bonk rewards program drip house creators who were active between january 1st and march 5th
uh and holders of the select holders of the doodles collectible on the drip uh platform
solana mobile chapter two orders there goes us seekers uh vector top 2 500 wallets by broadcast value volume helios top 5 000 helios stakers eliza os the pond
and claims for select uh binance uh communities what i think is interesting bro is that
this is all catered towards like token traders and you know like shitters which i think is
hilarious it's not that's all that's going on
in the space no but i mean to cater a whole airdrop to only shitter traders is crazy to me
bro especially when you're trying to drop this whole dreamcast and creatorville and all this
bullshit and then your target reward token is for i mean just token traders not even for motherfuckers that love
your collection and shit like that so trade the token i guess they want volume i guess that's
i saw it but like what do what like say that you did it to something else but what else would you
do it on like trading on openc or some shit i don't know it's like if you're going to give
allocations out of you have to give it to the user base in the space. And in the past, you know,
six months to a year, it's all been DGN token trading. So it's going to be really hard to
allocate the stuff that isn't that. So I could see why they did it. And I mean, this gets more
skin in the game for people to care, talk about it, market it. Now I got a little $50 in my wallet.
Maybe I'll show the token price more than I did before.
So I posted a link up top for you guys.
If anyone wants to buy a Doodles asset in order to get allocation, obviously you do
get baseline allocation for their assets.
There's a link up top, a thread that has every single collection hyperlinked for you.
So if you're wanting to get some exposure to doodles
Just go through the thread show the guy some love
And yeah, you can just find whatever whether it be a duplicator a closed collectible on a different chain
all of that is linked in the thread itself. So
Did you see maple stories told like fucking hundred thousands worth of these?
These fucking soulbound NFs are minted bro
i saw people talking about how many have actually been minted well it's because like i said in most
of these games that came out in the early days people are familiar with items that only come
out once right and they've seen how much they ran up uh like in runescape there's a birthday hat
that's crazy right and maple story like i said, the select chairs, there are select work gloves and stuff like that.
So ultimately, people understand when it comes down to gaming that when assets say that they, hey, it's limited, it is going to be limited.
And it might not have any value for the next five to ten years, but these games aren't building for just five to ten years
right maple story has been around since oh four so it's just stuff like that like they're trying
to be here for two to three generations of kids and stuff and so the new people that come in would
want these assets right or these assets get popularity and forms and whatever it may be so
something to keep in mind i mean it doesn't hurt to put some avax
dust in your wallet and just get multiple of these right so is there a limit per wallet one
one so people are basically just creating thousands of wallets and just minting
man these are probably gonna be pretty valuable in like 10 years bro like it's the first one
of the new maple story on chain yeah so i mean it's the first one of the new MapleStory on chain.
So, I mean, it's going to be dust,
but I can see a story pop up in 10 years from now saying,
these were free and now they're worth $500 or $1,000.
So it doesn't hurt, guys, to go spam your fucking wallets,
create a bunch of wallets and just mint a bunch of these.
Yes, you'll probably forget about it,
which is probably the best case scenario, but I can't see how these won't have some kind of value
in the next five to ten years like they're going to be more than free i've seen it over and over
again in this space i mean just look at the v friends card the elegant elephant was probably
not even worth that much in like the first you know year but now people are otc trading that on
ebay for over twenty thousand dollars so
you know these are free there's no risk but maple story has a huge mind share in the gaming space and you know collectors want to collect this stuff and maybe they might stumble into web3 gaming in
five to six years uh these might gain some more attraction it's like oh this was the first one
ever so let's get it as part of my collection so yeah don't i was in there like a time period that
has to be minted by i think it's by like the end of today or tomorrow so guys don't i was in there like a time period that has to be minted by i think it's
by like the end of today or tomorrow so guys don't forget about doing this and then obviously you can
download the game tomorrow yes tomorrow you can add it and you can add the avac subnet already
onto your um onto your meta mask or whatever it's called hennessy uh this is one per limit minting now it ends the 12th so you still have a while so dude
this is gonna get into like crazy amount in total right it's barely at 370 000 uh which seems like
a lot right for us nfts but when these are gaming assets right for a game that should last
generations this ain't shit so if you have a
little apex dust wouldn't hurt get a couple of these in your wallet could be collectibles for
you to sell in the game every asset is paired to a deck slash a trading value in an xpc which is
their native token so eventually you'll be able to sell this for some shekels. I didn't ask you about what you thought about the GTA 6 trailer, bro.
Oh, it looked great.
Did you like it?
Yeah, man, it looked great.
I thought so, too.
Just like the shadows on the NPCs.
Like you saw them walking on the beach and they had like sunburns and shit.
Oh, it's good, dude.
There's a thread that just talks about the details.
And it's fucking crazy.
Like you can see his beer, you know has bubbles stuff like that
you know like the small stuff like the beer is sweat marks on the outside so um one thing that
i will put the on you guys's radar um there is a i guess not necessarily a drop but shout out to
captain for putting this on just on the timeline in general. If you guys gambled on DraftKings at all, there is a $10 million class action settlement.
So if any of you guys want some change or some tokens to buy more JPEGs, go on there and check it out.
DraftKings is banned in Texas, so it doesn't really apply to me.
But I know that almost everywhere else, motherfuckers be on draft king so
next um there's a project that's been going around and has had a decent amount of buzz over
these last couple months and it's fugs right uh almost i guess they're gerbils like cute little
gerbil looking things but anyway they're having a very important like a vip pre-sale right it is for select communities it is
a closed uh pre-sale if you have access i mean most of you guys would know if you did but if
you are looking to pick one of these up in the future i got it all pinned up to the top uh price
is 0.067 uh eth so check it out if you're interested.
It will be on Abstract and it is kind of the talk of the town.
I saw that
Whale was talking about that Abstract
NFTs are going to be added to Coinbase relatively
soon. So you can
check that out. Obviously, lots of people are bullish
on Abstract NFTs. It's only on Magic Eden.
But Whale is saying
it has disappeared since discovered
it earlier today,
but it looks like OpenSea will be adding abstract NFT soon.
OS2 support has 17 so far, and abstract famously not being one of them until now.
Could it be an instant for abstract NFT ecosystem?
You guys all know when they add chains and they promote this.
If you trade the new chain, there's going to be a shipment,
and you'll probably get some more XP, which will accumulate to the Open open c token and uh bull market doesn't start until we get c token
so yeah there'll probably be bosu that's what he said yeah he was basically saying they deleted
the bosu apart and yeah yeah it's coming coming soon then you guys definitely need to be doing
it and obviously that lines up with what you just said with the whole, with whole, you know, that, that,
that previous collection being on abstract to it,
probably be on open C once it's launched, hopefully.
So did you see what's coming out with stars arena?
They're launching their own token launch pad also like what you need more.
Right.
But I mean,
abstract is I think mostly like an AVAX chain.
And we saw like the rise of Wink and all this other shit.
But they're launching a beta version of Arena Launch.
And the Arena Dex is now live.
The Trenches are born on a social app.
Anyone can launch a token directly in the Arena.social or through Arena.trade.
They have the Arena Launch contract, the Arena Factory deployed. Trading can take place in the arena.social or through arena.trade they have the arena launch contract the arena
factory deployed trading can take place in the app through the official community pages for each
taken or the connecting uh a wallet to the trading arena deck so like we need more launch pads but
i'll put it up if you guys are interested in checking out. Arena has been slowly cooking.
Anybody that's used Arena has gotten major airdrops.
And so they've made poor people rich over time and have a massive user base.
And so I do think you'll probably see some tokens popping off on there.
Easy kind of talked about it also.
Arena have done it headfirst.
It's a meme coin launchpad.
Also, all things I see, it seems to be an early mover on ABAX for the memecoin launchpad.
It is good to see things, other chains stepping up into the space. On top of this, it has live
streams, socialfy, a full app store for arena apps, tipping features, a full dex on app, and now a
memecoin launchpad. So they continue to build. They continue to kill it. And I do think some
tokens will pop up out of this launchpad. I mean, seen no chill we've seen uh wink i think there's some other ones that popped up in
the avax so avax has a underrated uh meme coin centric fucking dgen community and i could
definitely see them using this app and pumping tokens out of it so i definitely keep your eye on
anything launching out of this uh launch pad so i'm gonna bring that up
i'm gonna pull something up to the top oh go ahead sam sorry what up brother how are you doing
go ahead i'm gonna bring it back to bitcoin you can go ahead okay yeah this is just a
mint that's going on today um i got my eyes on it i think it'll be a nice little cook
I got my eyes on it. I think it'll be a nice little cook. It's from Bando. They're called Gwapes, right? They're 3D little, I guess, cute ape things. If you are a 1% staker slash participant in the Magic Eden token slash program, right, you do have whitelists into this it's a free mint um i
think you should definitely check it out if you do get whitelist i'm looking to pick some up
off secondary uh pinned up top is the official link for the the creator and the page itself
there is no grapes uh twitter you can just go to bando's twitter who's the creator and he has a
other collection called grapes which are great like bigger apes and stuff like that.
But this is the one that's dropping later on today.
So I got my eyes on that.
I think it'll be a nice little cook.
And yeah, man, yesterday's Javi Pixel Mint was nice as well.
It's sitting at a 3X, and it'll reveal a little bit later on.
So got my eyes on that.
And these have been nice, man man can't complain on that end uh what's on the men's schedule for today
let me pin it up i mean i was going through what he posted yesterday and a look a lot of it was
like failed to bin and min all and uh cut loss and shit like that but there's a bunch that's on
the fucking schedule today i'll put it up kimmy kim does
a great breakdown of everything that's going on he even follows up with each one of these
of the day after and tells you if like it meant it out and and if it was a cut loss and the profit
margins we have dog season that's on bitcoin season two 500 supply dog pfps um from the
creators of the top meme coin dog to go to the moon. Their Genesis collection is now 0.0049.
So this is just a addition.
And those typically don't do very well.
We have Strawberry AI that's on Solana.
0.9 Sol, building an AI wearable device that learns your personality and acts like a companion.
Mint price is high at 0.9 Sol.
So he doesn't think it's gonna actually sell out we
have wojack that's on ape chain uh iconic internet meme turned into an nft we all know that arcade
bombshells that's on ethereum 130 supply bold and sexy icons of the arcade in the 80s low supply and
cheap mint we have the grapes which you just talked about on ape chain we have alopass that's also on
ape chain uh gateway to access alo's
ecosystem holders get early access to a chain tools and 10 revenue share we have dreamy low
maker that's on abstract oh another a m'lady derivative i don't think abstract has a m'lady
derivative now that's supposed to be the one is that the one yup 55. 5555, 5,555 supply free. Another milady derivative on abstract. Nothing
really new, just art and vibes and culture. It's free. So there's no risk, but no expectations for
profit either. I mean, about all of these, I bet on that one. I mean, we've seen milady derivatives
on each fucking chain and they all have values. So we seen retardios we've seen hypios we've seen steady
teddies or me bearers we've seen it on every fucking chain and abstract you know as a massive
community has streamers they have the attention flywheel so if say a big streamer launches uh
wears one of these you wouldn't expect other streamers possibly launching it and maybe even
their followers starting rocking them so i do think that's one that is the most attractive to me is dream dreamily oh makers 5555 supply it's
free we have wild forest dumpers that's on ronin no one cares ll mao that's on monad testnet 500
supply pixel llama pfp's on testnet low supply and cheap. Mints on Initia. And then Hedgelords on base.
And Nino Kampoop on Monad.
So a bunch of Monad, testnet stuff.
But I do think the Apes one that you talked about and the Milady one are probably ones that if you are looking to flip some MFTs today or in the next week, those are probably going to do pretty well in my opinion.
So that's what we got on today's mint schedule, my guys.
My guys and girls. Go ahead, Sam. What up, bro? What up, Sam? What's up, got on today's mid schedule my guys my guys and girls
go ahead Sam what up bro what up Sam what's up brother what's going on um
what's up TDA I want to ask a question just for not only me but the community
yesterday I made a transaction and the transaction didn't get accepted and I got redirected. So I waited eight hours for my transaction to go through.
So I guess my question is, what happened?
If you can answer it.
No, I can't.
Without looking at it, I probably can't just know what happened like that.
I mean, it could either have been dropped because of the mempool spike um and then picked up later by another one could have just sold if you did the
like the preset gas so i mean without looking at it sam i can't really just tell you what it is
i'm assuming this is bitcoin right yes but at the end of the day um after everything went and do
went through um i got all my sets you, it went to the redirected wallet,
but I wasn't charged for gas or anything. I guess the devs were like, you know,
it was my mistake. You probably didn't put a high enough V-bytes in it, right?
Like maybe it just got delayed in the mempool and sent back because you missed it or something?
I don't know. That's kind of seems like...
Okay.
Let's see that over and over again.
Real quick, just a quick update. Those those germelios aren't free x only the first 500 were gotcha so he said free
on there so my bad i didn't do that much research into it just stumbled across it today but yeah
what is the price on it after the first 500 do we know what i'm, Gambler? Do you know anything about this, my guy?
According to Blinky in the chat,
he says it's .019
per mint, so I guess that would be
an ETH, .019
per mint.
.01 wouldn't be an ETH.
It would be like
50, 60 bucks?
No, it's on ETH, bro, is what he meant.
It's abstract ETH.
.01 is ETH.
Yeah.
Yeah, I'm excited.
I got a whitelist a week
or two ago, so just
same thesis that X just said.
All of the m'ladies on every new hype chain
seems to do alright, so I'm watching it.
5 p.m. Eastern.
I'll be minting.
Let's get...
This guy's a Rug Radio creator.
I don't know. Do we want him up here?
Fuck, bro. He just left.
He seemed like he had some information.
He was doing thumbs up on it.
I guess we answered the question for him.
He left, but it's fine.
It's cool. What up, Gambler? How are you, man?
Haven't talked to you in a little bit. Everything good in your life, my guy?
I'm good, bro. I'm good.
Always doing my best to support
and tune in when I can, but
I'm doing all right.
Yeah, I'd love to see NFTs getting a little bit more
life. That's always been
my favorite way
to participate in this space. I'm kind of
moving back over to Bitcoin a little
bit more.
So, yeah, watching this Dermelio thing. And then
I wanted to jump up just to highlight that TDA is like really close to winning this poll from,
I think this is like from the Barra, Barra chain community. But TDA is, I just pinned it up. TDA
is at 48% losing currently by 2% to the circle.
Shout out to the circle too and everybody over there.
But we got over a hundred people in this space right now.
And we're literally like 20 votes away from pushing the needle over to the, to the over
50%.
So if you're listening right now, you want to show some love, do something, you know,
to support TDA, you can literally just click that pinned tweet right there, vote for TDA.
And if literally less than 20% of the people in this space right now do that, it should
be more than enough to get TDA this W. So it's just one small way to support.
But yeah, man, I'm doing all right.
How are you doing?
They're dope, dude.
I mean, the Circle, great guys, PLA, great, you know, multi-chain alpha group.
It just shows you a community that's aligned compared to a community that's just like freeballing out here.
Kind of like us.
Like, there's really no incentive for anybody in this space to go click it.
In the circle, they probably have this fucking announcement in their Discord saying,
hit this up, hit this up, we'll reward you with like an airdrop.
So, just kind of showing you the difference between an alignment compared to just free free balling out here so now there's no incentive to to interact bro they're just yeah
there is we get we say we're the winner motherfucker haha motherfucker we're better
than you i mean it's just funny it's not a big deal obviously this is just hilarious i support
the circle they're they're good dudes so i'm not throwing any further away it's just funny
that uh we have over like five thousand five hundred people six hundred people tuned in
yesterday and we're still losing this fucking thing and this is the second time we brought it
up so it's just kind of funny like what what's the difference here nothing really we got um but
did you guys fuck it vote or not no one cares you're not so obviously you care no i brought it
up yesterday vote or not we don't care it's up I brought it up yesterday. Vote or not. We don't care.
It's up to you.
It's free.
It says more about you than it does about me.
That's it, bro.
That's all you got to tell them.
Okay.
You can't fuck.
You don't care.
Did you guys see this Mori USA?
And that's what I'm saying.
NFTs kind of seem like they're back, but then you have someone like Beanie selling his fucking Crypto Punk.
So motherfucker maybe thinks it's the top.
But we've seen like Good Vibes Club
fucking continue the crazy above sales.
You have this Mori USA thing
had a five-week sale for $9,200.
This was a relatively, you know,
very cheap mint.
And it's just crazy, dude.
Like NFTs are getting some steam,
but then you have Beanie
selling his CryptoPunk,
his iconic crypto book
for 150 eth yesterday which went for 144 eth um back in the day which i think is a loss but what
do we think is nft is this the top for nfts or is are we just getting started i mean he don't got
motion like that no more i don't know like he's not a sign for me i don't know like you who cares
if he sold his punk you know he doesn't got motion
like that the last thing he pumped was critters quest and look at that ended up being a fucking
huge l for those people so i mean i'm just saying he's washed a bit and so ggs thank you for selling
the punk onto it i mean you can't argue with the charts right marisa after reveal been cooking
and so in a sense i mean i don't know you have teddies you have
mabara you have all these running on every other chain and so it'd be kind of foolish to even say
that they're they're not profitable because someone from three cycles ago sold his i don't know
i just don't see the correlation on that and yeah hypeos too man hypeios are an all-time high too yeah it's almost three eaths
getting airdrop after airdrop bro so well arthur hayes basically shouted hype as a hyper liquid as
the next big thing and obviously in this space when the token price runs up all the assets
underneath it run up i'm saying hypeio that's a strong community i'm not putting anything by it
but i think a big reason why i pumped recently was the Arthur Hayes backing of saying it was like the next salon or it's going to be this like this year's bull cycle.
And the airdrops, bro.
They keep getting airdrops.
I think that we're on like the fourth or fifth one within a month.
So they're getting this outside catalyst as well.
But whoever's back there running ops and just kind of taking care of the community is making sure that you know the hypeos are included in getting taken care of in everything
so that's just one of those things it's like you can say it all you want but i mean
they've literally 2x'd in a week in i think almost a week and a half and uh since then too
even the lowest dip was like at a 0.8 or 0.7 so and then like i said being it took a while yeah i mean
like there's obviously i mean it went up i mean we've had talked about hypeos forever got up to
like above an eth and then we didn't talk about it for a while and had a great consolidation phase
around 0.6 0.8 0.9 and then just you know recently rocket the fuck up with the airdrops and all the
other shit so shout out to them dude they can you know like i i see i see the community growth i see a lot of i think it was great timing
like i think uh what did boo brought this up a lot of clone x motherfuckers converted uh into
hypios and what a great time like they had an exodus of their community and hypio was there
and a lot of them moved over and that clone x community is one of the top creator chains the
top communities in the space
and shout out for hypios to realizing that that community exists in onboarding those people those
are top tier people in the space and shout out for them to uh for the success on this man like
to eth i guess you what was a clone x at the time like even under two weeks so shout out for shout
out to you guys you guys killed it and i continue to kill it hypeos deleting nft on the fucking blockchain on ipo so that's what's up um big uh bro we rarely let motherfuckers come up here that we never talk
to that don't follow us but it's in your bio says you're a rug rater rug radio creator so if you
fuck with us let's go to faroq and get you banned so what up big what's up my guy
what are you telling me boys boys? Let's fucking go.
Long time listening, first time speaking.
Let me fucking follow you, maggots.
Come on.
Let's get it.
Let's get some love. Let's get it, bro.
I'll let you back.
I'll let you back.
What's good, brother?
I don't think that's Beanie's PFP.
I don't think that's Beanie's Punk, is it?
Isn't it just the trait?
I think they just call it that because he's got the same hat as him.
No, maybe you're right.
Maybe I fucked it up, bro.
This is Beanie Punk sale.
Maybe I just – because I always see beanie punk sale maybe i just because i
always see beanie with his i just thought it was a beanie puck my bad dude maybe no no just just do
better bro it's fine just do better um no i'm joking these hypios bro making me cope so bad
the amount of times i got shilled them so low and i was like yeah fuck off i don't need another
m'lady derivative on bloody hyper liquid like jesus what else what are we doing here and now
they're like three eath they're getting like loads of airdrops to their little like meme coins and stuff bro i
don't know they're cooking over there brother i'm actually coping super hard are you gonna buy the
top bro like this is i can't man not now i got children at like 0.3 or something it was the
i can't be buying them for a 10x now brother oh i can't do it to myself what are you telling me
then it goes to 10 and you're like i should have bought it at three like you just got a top blast I can't be buying for a 10X now, brother. I can't do it to myself. What are you telling me, Gamble?
Then it goes to 10, and you're like, I should have bought it at 3.
You've just got to top blast this stuff, bro.
You've seen the community.
If Hyperliquid is this year's Solana, I can't see this not being –
I can see this being over 5E easily, dude.
If this continues to go to $21, to $30, to $100 per hype,
how can not Hypeios, the biggest, strongest community?
If it doesn't, they'll just change it on, you know,
they'll just change the token price on the back end.
It's all good.
It'll get there one way or another.
Ishi, you've been in Hypeios since, I guess, the beginning.
You've had one for a while.
What's up?
Well, not the beginning, but I came up to say, first of all,
Hypeio World Order.
Second of all, a shout out to Tig specifically, because if it weren't for Tig, I wouldn't have really paid attention to them in the first place.
And Tig has been sharing so much alpha.
And he also, I don't know what's shifted, but motherfucker has been putting out alpha in clips every day.
And I see it more and more on my timeline, I guess, because I interact with it.
And then today he was like, oh's a new uh airdropped and I would have figured it out but
just seeing his post I'm like oh we got one cool and then like it made me move a little faster so
I don't know like following the Hypeyo accounts and like some of the main guys on there is super
helpful for like updates but also TIG if anyone wants like you know current alpha on uh hypios and other
things like tig's been a freaking godsend so just wanted to shout out to tig because he's
playing a lot of work and i appreciate it um but yeah i think uh i don't know i think they're doing
bullshit and also like a little kind of fun thing that i've noticed um from the charts of like the
the three i'm pretty sure it's just three airdrops
we've gotten tokens wise.
It's been All Right Buddy, the Rub token,
and then this EVM token.
If you look at the Rub token
and the All Right Buddy token charts,
like look at the charts, look how they move.
They move pretty similar.
So if you want to like kind of pick up
how to maybe trade them just look at
the charts and look at how how they move and like it's a good chance that the same kind of money is
going into them and moving the money around and moving the chart around so i'm kind of banking on
like pull back on this on this recent drop and then you know they like to they like to boast
about how uh how the airdrops are looking so that's
just my bias do you prefer the uh buddy token or the rub token because my uh my hyper liquid
quant is super bullish on rub for some reason but i didn't actually get why so one thing i've noticed
uh like so all right buddy is obviously like kind of the og and they've really established a lot of
like focus on that but when the rub token has been running you can tell that
a lot of liquidity has been running into that one while all right buddy kind of had its pullback
right so i'm kind of looking at like whether we see kind of the like one of them gets pumped at
a time vibe um but that also depends on if like hyper liquid the token itself is pumping because
everything goes up with that so i i like
it's hard to say i like them both but i think a lot of focus has been on rub since it was the most
recent release do you do uh leverage trading on there as well because everyone all my mates just
seem to wait for a new airdrop to come out get on hyperliquid and short the hell out of it like
we've got the doodles token coming out i'd imagine there's some opportunity there to be honest i mean
no hate to doodles but i can just imagine that's going to go the same way every other sorry i was gonna say
no i like i think you're right i think and that's that's been a big move for a lot of airdrops in
general hyperliquid doesn't always list um like if you're talking just like trading on the hyper
liquid platform they don't always list them as like um perps so you can't always list them as like perps so you can't always short them immediately I'm sure there's
probably other like dexes that you could do it on but in terms of hyper liquid I think rub isn't on
there yet all right buddy you can only trade spot but I have used hyper liquid to short other things
that get listed as perps on other big sexes when they shift or when there's airdrops of other things
like, you know, Zora. I didn't short Zora. I should have shorted it, but that's an example
of one you could have done. Yeah. I mean, the hyperliquid airdrop was nuts. I mean, and
I found, I'll put you guys on some alpha. I shared this with our exclusive alpha chat. And a lot of
you guys don't know it even exists. I only put OGs in there.
And the people that traded on Hyperlinked early
got a massive airdrop.
There is a new platform that is coming out
that's in beta.
It's called Lighter.
And it's backed by A16Z.
So I'll just guys read you kind of my write-up
I had in my Alpha Chat
to kind of get you guys up to date
of what's actually going on with this.
And the reason I bring it up is on Wednesdays in their Discord, they hand out uh invite code so today would be the day if you after
you hear this that you want to get involved so this is a new perfs decks on ethereum called lighter
and it's one of the one you'll want to watch it's backed by a16z and doing 1.6 billion in volume and
it's still in beta so here's everything you need to know oh shit why did why is this
fucking up in my group chat dude it's like of course it's right when as soon as i talk about
this it starts uh rugging on me dude it's so long that uh now the whole thing went blank so i'll just
scroll down so here we go lighter um lighter jesus here i'm going to copy this and put this in a chat gpt real quick sorry
guys for the delay here we go now i could read it this is alpha guys so pay attention lighter has
a originally a perp dex in 2023 and has pivoted an a16 double down on them after their ship that
says a lot the platform is currently
in beta only accessible via invite code and they drop codes every wednesday in their discord on x
volume check lighter has 1.6 billion a day hyperliquid has 5.6 billion a day but don't let
that fool you a lot of lighters volume is wash trading and how do we know this the open interest
is only 100 million while hyperliquid sits at 4 billion.
Open interest equals total active trades.
So low open interest means people are just opening
and closing quickly to farm points,
and that's actually great news for new users.
Why?
Because the team has confirmed that they're facing point rewards
on open interest and not just volume.
If you're holding real positions, you win.
Wash traders get nerfed, real users get rewarded. It's simple. Leiter says, this is just what they
said, is giving 50% of their airdrop will go to points campaign. That's massive, especially since
they're doing multiple seasons. I expect season one to distribute about 20 to 25% of the total
supply. I still think it's very worth it. Air drop breakdown,
weekly point submission. So every week they give out 250k points. This is going to last about 26 weeks. So that's a total of 6.5 million points. Long term farmers will win. Latecomers can't
snipe the supply last minute. No whales nuking your effort. No fees right now. So trades are
basically free. The best time is to farm now.
Once fees turn on, you actually have to be a profitable trader.
Some evaluation predictions, DYDX FTV was $156 million.
Hyperliquids FTV was $20 billion.
Leiter, my best case is around $500 million to $600 million.
Even the modest launch above DYDX is worth your time.
Even the modest launch above DYDX is worth your time.
If Leiter ends up to be about 500 million FDV with what I predict is 20% of the supply,
that puts each point around $4 to $8 and at the high point about $12.
This is not financial advice, but with zero fees,
farming $5 to $10K in volume could be enough to get you a solid slice.
This could be one of the best rrs this year tl dr
a16 is it's a16 back it has 1.6 billion in volume wash traders get nerfed early users get rewarded
no fees and high upside and so that is kind of what i posted in our discord it's not our discord
it's our alpha chat as kind of a if you guys are doing perpetual trading and yes hyper liquid is
going to have multiple seasons but maybe putting someutra plays on here and a low leverage and holding trades open
is going to get you points. And the great thing about this is they distribute points
every Wednesday. So you won't have a whale, like I think Justin Sud did this with Etherfy,
come in at the last minute, do $40 million in supply and then took all the supply and nerfed it.
So people that consistently do trades will get points each week and you will not be you'll be protected because
people at the end can't come and nerf nerf your bag because it's about each week points and not
all uh all trading at once so that's called lighter.xyz they have beta codes and beta code
access right now um it's very similar to hyper liquid and their beta access
codes are in their discord every Wednesday. So if you guys want to get on, I would go in their
discord right now and go look for invite codes and start putting some Delta Nutri trades, keep
them open, low leverage, and just farm these points for the next 26 weeks. So that's my alpha
for you guys. Don't act like I never fucking did anything for you. That was a great breakdown of what it fucking actually does. And it's actually alpha for you guys don't act like i never fucking did anything for you that was a great breakdown of what it fucking actually does and it's actually beneficial to you guys
because you're just hearing about it and i think it'll be worth your time uh after the next 26
weeks are over dude so there you go there you go there you go jit you came up here you have
anything to add before we end the show my guy oh yeah i i actually have been using lighter
uh i got like thanks for the data yeah thanks for the alpha guy
yo dude i like to keep dude you just invited me to the chat bro and uh yeah i i actually i actually
like the platform um it has higher leverage on far coin and a few other tokens than uh hyper
liquid so that's kind of why i've been using it. But yeah, dude, I think like these per platforms are all going to cook pretty hard on airdrops,
whether or not they do like just an airdrop or like fee, you know, like a rev share on like fees.
I know like when cubes dropping, we're going to be dropping perps soon.
And we're probably going to be doing some sort of like rev share type of deal as well.
And that'll
be on top of the airdrop so i don't know i think perhaps like the next big wave here i agree and
if you're sidelined on pole motherfuckers you better fucking stake some pole i'm just saying
don't get sidelined motherfuckers we've given you guys alpha left and right in this space for the
past two weeks and a pole and now this lighter is these things are the things that I feel that our community can uh get in on and make a fatty bag so appreciate you guys putting
out the daily alpha oh go ahead is she go ahead my bad I didn't mean I was just gonna ask a dumb
question and I was wondering if anyone had any alpha on a minimum staking requirement for polar
if it's just like proportional. It's proportional.
Cool, thanks.
And snapshot is and will be done by a third party.
And if you go on the actual poll staking website,
there is one, I guess, airdrop slash claim
that's still pending as TBD.
And that's probably the one that we're looking for.
So whenever that changes from TBD to confirmed airdrop
You can assume that you made the snapshot
And then a quick update on the not the polygon poll
But the poll that I just asked you guys to go vote for TDA for TDA has taken the lead
So shout out to everybody in here who went over there and voted TDA
We're only up by
1%. So if you still haven't voted, there's still two hours left and the circle's got a good
community over there too. So if you want to make it that much more solid of a lead, make sure you
go up there and vote if you haven't yet, but shout out to everybody that already did. And
X chief, appreciate you always being here. TDA, stay poor.
Appreciate you gambler. That's what a little indifference does, right?
We tell you we don't care and you go out and do it.
Look at the left while the right is, is, is duping you.
Anyway, appreciate y'all for coming out. Welcome to the TDA.
We do this Tuesday through Saturday, 10, 15 to about 12, 1230,
depending on the conversation after the show is over. There will be a thread that covers everything that we talked about on the show,
everything that's pinned up to the top.
Use it as a resource.
Go through.
That way you can do your own research later.
Any likes, engagement, and interactions on that go a long way.
It's how we can get more opportunities for our community and continue to grow.
Once again, it's tda or stay poor appreciate
everybody that came on stage and contributed helped the conversation go and also highlight
some areas that you know maybe our blind side allow us to learn from you stage is always open
so feel free to come back tomorrow we'll catch you guys at 10 15 and i don't know if you have
any last words x but do you stay poor, motherfuckers.
Peace.
Catch you guys on the timeline.
Y'all have a good one.
