← CRYPTO 101
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- [00:00]
A
Foreign, Everybody. Welcome back to the Crypto 101 podcast, presented by Gemini, your bridge to the future of money. It is a special edition of the Rundown. We've got Brian, we've got Joe. It's Friday. It's a momentum money makers edition, and we couldn't be more excited to have you guys here. A lot going on this week. We're going to cover the Fed, we're going to cover some macro news. You know, we're going to give you that kind of bullish side of the fundamentals that we're always seeing. But the momentum money maker boys are here. And again, do they ever not come with winners? Guys, these guys were giving out winners over the last couple weeks. Inside the community. We're talking two, three X's. We're going to cover those. There's some awesome news around ICOs, prediction markets. Diving into the fun stuff. The memes are still alive. Whatever people are telling you, if they're telling you, they're not, they're lying because Brian and Joe are having winners. So again, macro news. Then we're going to dive into the fun stuff as well on this Friday afternoon. Fellas, welcome back. Brian, how are you?
- [01:07]
B
Yeah, man, I'm great, dude. Happy to be here on a Friday. You know, one of my favorite things to do at the gig are these rundowns. And it's even better when we have a Friday rundown.
- [01:17]
A
Yeah, you know, it is. It is always better, especially when the sun's out. I'm looking outside, looking at the sun. Maybe a dolphin will swim by. Who knows? Joe, how are you, my friend?
- [01:27]
C
Wait, wait. A dolphin to swim by. You have a nice view. I'm, like, looking at, you know, we were live.
- [01:32]
A
I forget who I was with. One day, a dolphin. It was you. Yeah, right. The dolphin jumped out of the water. I was like, dude, this is the dream. I'm guessing. And there's dolphins.
- [01:42]
B
You got derailed for like three minutes and we started talking about dolphins.
- [01:47]
C
Yeah, yeah, I got much different views here in Oakland, but, yeah, it's felt like a wow. Miss you guys.
- [01:51]
A
So, yeah, it has been a while since all three of us are together, but that's why you listen to the crypto one on podcast. Good vibes, fun. And hey, if you study hard enough and, you know, get. Obviously it's not personal financial advice, but maybe you too can podcast with dolphins out your window one day by giving. Getting the winners that Brian and Joe are giving everybody. Let's just kick it off. We'll bring up coin Market cap. Let's see what's going on here. The Fear Greed index is trickling up. Trying to kiss the 30 right at 29 there. A little bit of just kind of choppy price action this week. We're going to cover the Fed decision in a minute. But is there anything that jumps out, off, off of the pricing? Let's just say you don't have to say today fellas, but anything over the last like week or so that's jumped out to you that's been interesting.
- [02:38]
B
If there was a mention market for how many times I've said the word choppy over the last 60 days, I'm probably over a hundred for sure. I feel like every time I'm, I'm doing a newsletter or on the rundown or doing a market update, I'm just talking that we're going to chop for a while. We're going to chop. This is choppy. And I'm going to probably say choppy over under 25 times today because we're going to continue to chop in my opinion. I do believe once we kind of gain some footing in the market, probably get over that 94, 95 mark, we could get off to the races. But we're going to chop for a while. I think we will be in the 80s a little bit. I think we'll be in the low 90s. There are a lot of bullish reasons to think that we get out of this range sooner rather than later. I'm personally trying to just manage my own expectations that, you know, we got some holidays here. I was hoping for a Santa's rally could still happen but it doesn't matter at the end of the day because there's so many bullish things we're going to talk about it that we will push over to all time highs in 2026. I'm very convinced of that. But we're going to chop for a while and that's exactly what the market's showing. That's what these numbers are showing.
- [03:49]
C
Yeah, we, we overall had a great year even though it doesn't feel like it. So there was a lot of profit taking, a lot of people doing tax loss harvesting. I know I got to do that. So approaching end of year is, doesn't look the best but we had a pretty good year and 20 like Brian said. I'm super excited. Everyone's, everyone's calling as of this week at least everyone's calling for a super cycle in 2026. It just came out of nowhere.
- [04:12]
A
Yeah, we're gonna cover that and, and a lot of our guests have kind of talked about that. I'm referring to Matt Hogan. If you haven't listened to Matt Hogan, go back, listen to it. Cosmo Jang, Pantera Capital. Go back and listen to it. It's kind of been this growing theme of the super cycle. The four year cycle's over. It's a super cycle. It's elongated cycle. There's. But we, I gathered some more obviously, friend of the show, Tom Lee, and we got Cathie Wood, we got some sound bites kind of referring to, to that. So we'll cover that, but we'll, we'll skip out the price action. Not too much to cover. I'm always got my eye on the fear, greed. I know we, we were touched in extreme fear not that long ago right there and then I remember on the show I said, you could bet your bottom dollar we're gonna get back up into the 20s. Here we are kissing 30. But the Fed, guys, the Fed cut 25 bips. Not a surprise. We covered it here, you know, talking about the prediction markets. It was 95, I think going into the decision that it was going to be 25 bips. That would, that that's what it was. But there was a tidbit, guys. There was a tidbit that was quite more interesting than the cut itself. The Federal Reserve is going to buy $40 billion worth of treasury bills. And if you're somebody that's like, well, why is what number one, what is that and why is that important? And that's kind of at least what I took away. So we're going to pull up this tweet from another friend of the show, Kyle Chasse, who we've had on the program. Not too recently ago, he came on and did an episode with Brendan and Bry. He kind of spelled it out really good. And this is what a lot of the talking heads were saying, like, okay, the 25 bips, everybody knew that was coming, but it was kind of buried a little bit where the Fed's gonna buy back treasury bills. And so some people are saying like, oh well, is this quantitative easing? Some people called it soft quantitative easing. As somebody myself who really enjoys cracking open a nice crispy diet soda, could we call it diet qe? It's, it's something that just basically shows that the Fed is a government entity that is putting liquidity into the market by buying these T bills. And kind of again, what we're going to talk about after this and show you some clips of is like, okay, if this is elongated business cycle and, you know, the economy's healthy and the Fed's putting liquidity into the market. Like that's, that's the stew that risk assets fly on. So again, it's not a huge dollar amount per se. And, and while it, but it is happening and it's happening while kind of the dot plot is. The dot plot refers to all the Fed governors. We're kind of all over the map and disagreeing and it's like, okay, well, while they're disagreeing of where and what to do, they're. They're putting liquidity in to the, the markets. Very interesting open discussion here. Brian, you first. Any, any thoughts around this, this topic just kind of as a whole.
- [07:08]
B
Yeah, it's definitely interesting. It's not the traditional stimulus that we're used to. The Fed says purchases are meant to manage liquidity and keep markets functioning, not to really ignite a new rally. But on the other side, the bullish side of things, just like you alluded to, it increases liquidity in the financial system. What happens when we increase liquidity in the financial system? Usually risk on assets like stocks, like crypto perform well historically. They're correlated. Whenever we increase liquidity, these assets continue to perform well. So I do lean a little bit more bullish. I'm a permeable. So, you know, I try to get all the bullish parts out of it. I'm a permeable, I do lean. This is increases liquidity. This is a bring on more risk on assets. But it's not a traditional stimulus by any means either.
- [08:00]
A
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- [09:15]
D
Hey, speaking of which, if you want to see how a top pro makes winning altcoin and crypto trades, Brendan Veeman is doing a live over the shoulder trading session this week. All right, he's going to reveal both the coins that he's watching closely right now and he's going to walk us through his trade ideas, ones that investors could potentially execute on right away. It's like getting what I would call a masterclass in real time trading for absolutely free. Plus, you're going to walk away with some altcoin picks that might be poised for their next day big moves. So here's what all you got to do. Head to www.cryptorevolution.commasterclass to save your spot now.
- [09:59]
A
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- [12:43]
E
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- [13:44]
C
Nothing in that there. You guys nailed it.
- [13:48]
A
Yeah, it's something to keep monitoring again once if it really goes downhill and they start pumping liquidity in the market, a lot of times that might actually not even be good. It means they're fearing that something's broken. The most interesting thing and we didn't get to do our live show, Brian. We've done that, I think the last two Fed meetings. We had the, the summit this week. So just a lot of the best. Probably for the best. Probably for the best. We might, we might have lost on our, our prediction markets for, for what he was going to say. But we have a lot of fun doing those so we'll try to bring him back when we can. We just had a busy week this week. But I think the, the, the number one thing was people were like, oh, he's going to be hawkish. I thought he was pretty straight down the middle. And the biggest kind of quote from it was, hey, we're trying to balance both mandates here, you know, full employment and, you know, inflation engaging inflation. He's like, those are two main things are kind of fighting against each other right now. It's an awkward place to be. We're just trying our best to follow the data. So an uneventful, I guess, other than the, the Diet qe, if you will, kind of an uneventful Fed meeting, as expected. Does it lay the tracks for a Santa Claus rally? Some people say yes, some people say no, we'll have to wait and see. But it is kind of just leads us kind of what we said is this elongated business cycle. And if that's going to be, if that's going to happen along with liquidity and lowering interest rates, it's like it is kind of the perfect cocktail of all that. So we have two clips here. The first one we'll play is Tom Lee again just kind of saying how crypto, crypto prices are tied close to the ism, kind of just comparing it again to the business cycle. So let's, let's hear a friend of the Show, Tom.
- [15:32]
F
Like 2026 is a year, like there's a new Fed, right. And, but a dovish tilt and at a time when the ISM has been below 50 for a record more than three years. So that's really good for small caps and as Barry says if they deregulate banking and we were talking about this offline, that's really good for small caps but that's also really good for the business cycle. And we're, we've talked about this in some of our past research. Crypto prices are really sensitive to the ISM. So the ISM moving back above 50 has historically been associated with actually super cycle moves in bitcoin and ethereum ISM going into expansion territory is positive for bitcoin and we're all interested. Yeah. And so if you look at ISM and bitcoin and you detrend bitcoin essentially look at its distance from the 200 day it's almost perfectly correlated to the ISM.
- [16:27]
G
Surprising.
- [16:27]
F
And the same thing with copper to gold prices. So copper's an industrial metal versus gold is.
- [16:33]
G
Right.
- [16:33]
F
But all of that tells you that it's basically just risk on that they're all behaving like an economy. And is that am I over care? Yeah, I think that's, I think that's right. I think bitcoin's a bit of a chameleon because there be, there'll probably be a time when it, it acts like gold but right now it acts a lot more like it's sensitive to monetary policy and the business cycle and both are about to turn up. So that would mean anybody who thinks the bitcoin for your cycle means crypto prices are down next year, we're betting against that thinking that new highs come early like January.
- [17:07]
A
Fascinating stuff from Tom Lee. Again similar sentiment to again extending the business cycle. The four, the four year crypto bitcoin cycle. Dead. Kathy Wood. We haven't heard from Kathy in a while. Let's check out what she has to say and then we'll discuss.
- [17:23]
G
Bitcoin is behaving more like a risk on asset. It has played the risk off role at different times during the European sovereign debt crisis, during our regional bank crisis. But right now it's risk on we this is, it is climbing another wall of worry and that is the four year cycle. We think the four year cycle is, is going to be disrupted and what I mean by that is Bitcoin regularly dropped 75 to 90% in its early days. The volatility is going down, it's down about 30 some odd percent. And I think there's a fear of the four year cycle. We think that it, the move by institutions into this new asset class is going to prevent much more of a decline. We may have seen the low a couple of weeks ago.
- [18:21]
A
So again, I think it's important to kind of share the narratives from the talking heads that you know, are thought leaders in the space and they obviously have a bias. I think we, we can all recognize that. But these are the, for as a producer of the pod, when you're bringing on the Matt Hogans and the Cosmo Jangs, you know, you see these guys on CNBC alongside Cathie Wood and Tom Lee. It's like when they start all kind of independently saying similar things. It's like creating this new narrative that in my opinion us being so close, like boots on the ground, like we are working. Okay, okay, here's the narrative that's coming like it. I think we're, we're early on getting these narratives. You guys, as much momentum money makers in the trenches are the earliest on some of, of those, you know, quick trades that you're doing. Right. But on a macro scale I feel like us as Crypto101, we're, we're really following these narratives and this is the narrative that's being kind of been built, I think in the last like four to six weeks during this turmoil. And it's, I think it's going to spread. So again, whether it comes true or fruition again, we always say nobody has a crystal ball. But I think it is really interesting that everybody's kind of in their own way coming to this similar narrative.
- [19:37]
B
We, we've been calling about this end of the four year cycle for, for a long time now for a lot of good reason. You know, just the institutional money flowing in. This definitely feels like a, a def, a different situation than what we've seen in the past. So personally I do believe I, I, I am, I'm on the same page as what Cathie Wood's saying that this was probably. We're not gonna see a four year cycle that typical, you know, 70, 90% drawdown. The volatility is going to close on the majors. It's good to give you a tighter range. There's just too much traditional money flowing into these assets now. It's not the degens that you know, are aping in every four years and out there's just a lot of institutional monies, a lot of just smart money flowing in. So it's good, it's going to tighten the gap and I think the four year cycle is on its way out personally.
- [20:31]
C
I hope so. You just brought me back to some dark days where I didn't open my wallet for two and a half years, 2017, to like 2020. But that's why this cycle or whatever, you're right for the four year cycle to be this tamed, in my opinion is great news. Right. With all the administration this year, bullish news from administration and institutions coming in. So this move down of 30, 40%, like Kathy is saying, we're used to seeing wider swings. So this is very mild. But I'm excited for this new time more personally because I've been through multiple cycles and even during the dark days which me and Brian's lived through and everyone's lived through, there was a ton of opportunity and that's what we excel at. So macro wise there's always going to be looking my opinion, bullish. That's why I'm a permeable. But there's always wins. You can just watch where the money goes. I wouldn't say on a macro level in the streets, on where we are, there's movements of where everyone is kind of hedging their bets. Right. When the macro goes this way and that's kind of where we, you know, make our living. So that's exciting to see that we're hitting a lot of those this, this cycle around.
- [21:35]
A
Yeah, there's, there's always opportunity and I think again from the macro market level, it's, there's always something new and, and the institutions are here and we've covered all these different ETFs and products that are now tradable on all these different platforms. And it's like, you know, sometimes there's still a lot of leverage obviously in crypto. So like that gets flushed out and there's all these different products and all this different leverage. So it's like it is, it is changing again. Brian said it best is like hey, the volatility will dampen down over the course of what we saw in, in history of, of the past. But it's, there's always something new and there's always some curveball that you got to try and digest and, and again plan your trades and trade your plan. But that does, the bulls are here. And I don't know if Brian knows this guy personally, self proclaimed permeable, but somebody's opening up a half a billion dollars in longs.
- [22:30]
B
Our guy, our guy who wrecked the market on October 10th, I believe. Yeah, that's, that's him. He, he basically shorted the heck out of everything on October 10th. And is he. He was the guy. He made a killing. But super interesting that now he's long. And what's he know that we don't know? I'm not sure. You know, we can't copy trade a guy like this, especially when you know he's got billions of dollars and throwing it around. But I found this extremely interesting. I threw it on our sheet because this was, if everyone remembers on October 10th, that was that massive liquidation leverage got wiped out. This wallet in particular was absolutely shorting bitcoin like a madman.
- [23:12]
A
Bearing Trump.
- [23:14]
B
Yeah, maybe we all kind of laughed at it at the time because we were still really had our bull hats on at the time, but he nailed it. And now seeing him send what, 600 million and now he has another fresh 500. These numbers are like unbelievable. But he's longing bitcoin ethereum in Solana. It just makes me kind of think what's he know that we don't know? I'm not really copy trading him on leverage, but. But definitely an interesting point.
- [23:41]
A
Yeah, no, when you start seeing numbers like that, you know, you gotta at least bring it up and understand that, you know, again, it's part of the news flow. But I heard you mentioned Solana. We got some interesting news on Coinbase and Solana does that. I don't know who put that on the sheet, but you wanna break it down because this is actually, I thought some really interesting just kind of unlock here.
- [24:04]
B
I. I threw it on the sheet because I know Solana is integrating with Coinbase. Joe, do you know if this is. I haven't checked. I know Solana is doing the Breakpoint meeting right now. So is this where they announced it?
- [24:17]
C
I believe it's live, at least on Coinbase's end. Because what I've read is that I haven't experienced myself, which I actually should try to do this because I have both right. Base and Solana is that you can only buy Solana onto the base network, but you can't do the opposite. Like you can't bring back those tokens back into the Solana network. I'm gonna look into it, but it's great for. It's great for the ecosystem overall. So I love this information.
- [24:43]
B
Yeah, it's awesome. It's great news for Coinbase, it's great news for Solana and it's just going towards that next movement where we talk about people don't care, retail people don't care, like what chain we're on and bridging and swapping. It's a pain in the butt, to be completely honest with you. So as we improve user interfaces, make it easier to trade at the end of the day, a lot of time we don't think about like, what stock is on what, what exchange and things. We just trade the stock, you know, and that's how crypto needs to develop. And it's great to see Coinbase integrating these Solana tokens because there's, there's a, a learning curve there. To buy some of those Solana tokens and now to integrate it on like the number one centralized exchange in the United States and it's only going to improve. Makes me bullish for not only Coinbase, but also Solana.
- [25:31]
A
Yeah, when you say learning curve, it kind of reminds me of all the different tutorials that we have on the Crypto 101 podcast. YouTube. I know. Joe, I think had a phantom wallet, one that blew up. Brian, we had you make the. What was the app? The app, Yeah, I remember. I was like, it came out and you're like, dude, this is how you do it. I was like, get me a tutorial. Now that thing popped off. So if there's anything new on Coinbase, I'll look into it. Maybe Brandon needs some new tutorials, but it sounds almost too easy. Maybe there is no tutorial needed. But we, we have all that stuff educational wise, over at the Crypto 101 podcast. YouTube. Speaking of YouTube, we are live. The chat is popping. We have a ton of people here. UTU beam. I'm probably pronouncing that. Hello, Deb's here. Michael. Deb, always there. Cje. Our boy, Grant. Palm Beach. Grant's down in Palm Beach. Of course he is. Port St. Lucy, Florida. Crypto low. TiVo, Tampa Bay, Florida's in the house today, boys. Crypto Low says long time viewer. Listen to all your podcasts. Like eight hours straight at work. Love you guys so much. First live, awesome crypto. Thanks for going. Yeah, chat's popping. We appreciate everybody. And if you're new, bottom right, you'll see our little podcast logo there. Click that and subscribe. We would greatly, greatly appreciate it. And give the video a thumbs up because it helps us grow. Grow. But access is key. Access is key. And now Coinbase is giving you access to Salana. There's another company, some people might know, called Vanguard. They're giving you access to the Bitcoin ETFs. As we've covered last year. They didn't or they won't let you do it. It's just, it's not, you know, it's not an investable asset. Then they flipped. CEO, fired, gone. Now it is. Now you can go on your brokerage. Now you can invest in bitcoin. But Vanguard says bitcoin is still a speculative digital and I quote toy. And so I say Vanguard sells toys. What is this, Toys R Us? Vanguard's. Vanguard's thing is a ship, right? What are they going to trade that out for, Jeffrey the giraffe? Like, what are you doing? Vanguard's selling toys now. Like, bitcoin's a toy, and you're selling bitcoin. So Vanguard, the steward of capital and the steward of wealth, and they're selling toys. Boys, what do we think here? Like, is it fair to now offer it? So you take the l. You offer it now you want. You want to get into the flows, but you're still going to, like, take shots at it. What do we think here?
- [28:07]
B
First off, goaded Tweet by the Crypto 101 podcast right there. I didn't see this come out today, and whenever I was going over the sheet, I was, like, looking at this. And again, another, like, legit laugh out loud by me whenever I saw Vanguard sells toys. I mean, get out of here with this stuff. You know, they open up the books and the floodgates their customers to buy bitcoin, and now they're calling it a digital toy. I don't even really have a good take on this other than it kind of makes me mad.
- [28:38]
C
I mean, toys make a ton of people spend millions and billions on toys. So whatever's.
- [28:44]
A
That's. That's a great point. I just. I just feel like everybody at Vanguard, whoever's, like, making these decisions and making these press, they're just sitting around on a table and, like, anytime anybody says something, they're like, huh, yeah, it's a toy. Huh? It's like, that's just how they all. There's just one of the people in a table. They're like, a bitcoin. Huh? It's a toy. Put that in the press. Huh? Like, what? I. I just don't know what's going on over at Vanguard. They need to take a page out of the Franklin Templeton. They went laser eyes. They're doing the memes like, come on, get. Get with.
- [29:14]
F
Get with the.
- [29:15]
A
Get with the program. Get with the.
- [29:17]
B
I mean, their. Their intern who runs their page got obviously body bagged by Crypto101 podcast. Twitter right now. They need to. They need to figure some stuff out.
- [29:27]
A
Unbelievable. The ship is sinking. They're just at this point just I think toys are us out of business. Just you can go get the IP for Jeffrey the Giraffe. And it could be Vanguard's new logo. Oh, we're having some fun on a Friday, boys. I'll tell you who's not having fun. That's a professional level transition is Do Kwon. Do KWON Sentenced to 15 years in prison for $40 billion stablecoin fraud. The famous guy who said 20% APY guaranteed. But do Kwon, how he said, don't worry about it, 20% guaranteed. Now he's going to prison. I wasn't a like die hard Do Kwon follower, fan anything. And you guys have any thoughts on this? Well deserved, excited, sad. What are your thoughts for not friend of the program, Do Kwon?
- [30:23]
C
Yeah, I didn't do this personally. Thankfully during that time I've had friends who got involved, made some money, lost some money. But I say, yeah, if he was doing crime, then good for him getting 15 years.
- [30:35]
B
I got a buddy that got absolutely rinsed on Terra Luna. So, you know, I don't wish ill on anyone, so I'm not gonna say it or put it on record, but the Prosecutor just wanted 40 years. He got 15. And probably for some good reason, I mean, this went on. I don't know if you guys remember, but this is like a multi year saga that included like a global manhunt where he was like popping up on Twitter in certain interviews and they were trying to like extradite him back to the United States. And it was like this whole thing. And he almost like was somewhat like trolling federal prosecutors at the end of the day. So they got him and he, he caused a ton of damage. $40 billion worth it. It wiped out billions of dollars to retail people. One of my close friends destabilized major funds and it caused like a complete triggering cascade credit unwind and put us into pretty much. It was like that. It was what lit the spark, the spark that lit the bear market of 2022 and back to that bear market of 2022. Or like whenever people were like, people call this a bear now or are we in a bear? I don't know if everybody remembers 2022, but there was like no news. Do you remember that? Like we were just watching paint dry. I felt like at least when we wake up today, we'll go over the bullish news later. And I think there's tons of news coming out every single day that makes me like my permeable feelings are endorsed by all the great news that is coming out the, the bear markets of the past, they were rough. There was just no news, nobody was talking about it. And then you have stuff like Terra Luna going down. You got the FTX debacle so very, just wrapping this all up. He probably deserved it. Don't wish poor on anybody, but he caused a lot of headaches.
- [32:30]
A
Yeah, well, I definitely remember the trolling and I think, I don't want to speak for our fearless leader, Bryce, but I, I, we were, I think it was on a show or the summit or something. I think he just might have even bumped into him. But he's just saying like, you know, just the, the cockiness of this guy was like unbelievable, like staring down the barrel of, of what he did. Yeah, again, we weren't the, we were not the judge, we weren't the jury, we weren't the lawyers. But 15 years for, for Doe Kwan. So maybe we'll, we'll catch him on the back end. Maybe him and like him and Billy McFarlane can get together in like 20 years and throw some type of crypto festival or something. That could be, that could be quite fun. But we'll transition into the momentum money maker segment. Guys, this is why you love to join in for Brian and Joe. There's so much bullish news on the macro level, but in the momentum money makers, we have our crypto Navy Seals in the trenches looking and finding and giving the people winners. So guys, we're going to go over a bunch of stuff in the momentum money makers kind of world, specifically stuff that they gave out that were winners in the private group literally the last couple weeks. Right. So if you're interested in getting the first alerts, if you're somebody who likes to get educated on this stuff so you can get educated and make your own financial decisions because that's what we're not financial advisors, just a couple friends talking crypto. But we do try to educate and part of the education is these first alerts. If you're interested in those, scroll down in the description. I put a link there for some trials and you can get into the momentum money makers world. If you're interested in those first alerts, you can take action on stuff like we're going to talk about now, fellas, again with some winners. Again with some winners in the choppy markets. Tell us about it.
- [34:20]
C
Yeah, I can start this one off. Yeah, we saw ICOS not kind of doing a small comeback. You know, a lot of those didn't go well in the past. Right. But with all the talk of institutions coming in and the current market, meme coins definitely don't have the momentum and people are looking for stable or bets to speculate on. And we did pretty well with Monad off the bat. We did like a 2x on that. We never mentioned that, I don't think on the live stream. And that was just the first launch on Coinbase's launchpad. And then this one, this token was called Wet, which is pretty funny, but the actual company is called Humidify. And this is the first launch on Jupiter's launchpad. Jupiter has Launchpad, but the difference between this one and Monad was Monad was launched at a $2.5 billion valuation with no revenue, but people pumped that up 2x. The humidifier, on the other hand, launched at a $56 million valuation. So multiples less, but they process over 30% of Solana's decentralized exchange volume. So people saw it as a super undervalued. It was selling on a pre market at already 2x the pre ICO price. So really interesting story of how this developed because they offered a lot of the token allocation to the public, but it completely got bought it. So then we don't have to tweet up here, unfortunately. But both Jupiter and Wet Humidify came out and said, screw those bots. We're not giving them anything. We're going to quote, unquote, kind of. They didn't fork the chain, but they relaunched a token, pulled a Ethereum. People don't even know this, probably, but Ethereum is an actual fork. And they're like, screw those bots. They're not getting away with anything. And created a completely new token. It was hilarious. And then they did another public sale, which was great because a lot of our community members, they tried to go for the first one. They're like, oh, we couldn't get it. And so the second one had like a 90% success rate where, you know, at least they verified that a lot of bots didn't get it, and 90% of it actually went to actual people trying to get the token. So kudos to those people because not only did they get a 2x, which was what the Pre market was selling at, but it was actually a 4 to 500% gain from, from the launch. So that was a good win for our community, just good win for Jupe and Solana overall. And, you know, it was just a funny story and it was great.
- [36:47]
A
That's awesome. Wet is for the people. Brian.
- [36:51]
B
Wet, I've been to Almost all of our calls, and I'm pretty anxious. I'm pretty into it. But whenever they kind of fumbled this initial distribution, I got pretty cool on it. But I know a lot of people, Joe included, and a lot of our community members went after it and they were really successful with it. I've been trying to like Joe, and this is almost a question for you. I've been trying to like formulate a thesis here. I would have to think that Jupiter and a lot of the market wants this to succeed because this was their first drop on their launch pad. Like, there has to be like a sense of like, we want WET to continue to grow and do well. And I've been kind of like waiting and looking for an entry. I haven't really mapped out my own personal thesis here, but I unfortunately didn't get in on it. But I could see it continuing to show some strength once we kind of like, you know, trade sideways for a while and look for that next leg up.
- [37:49]
C
Yeah, absolutely.
- [37:52]
A
No, it's, it's, it's great to get a win and you guys literally have been printing consistent winners, so we're going to continue on with some amount of money maker stuff. But again, one last time, if you're interested in getting those first alerts so you can take action and get educated, check the links below in the description on YouTube and in the podcast. I'll throw it in there for you guys listening on audio as well. But we got. Let's just. This is the sheet that you guys brought to me, so I'll be your producer for the rest of the way. Just tell me what links you want to pull up and I'll bring them up for us.
- [38:22]
C
Yeah, we had two more ICOs come up that is happening next week if people want a little bit of alpha. But one got canceled as of this recording, Fogo, which is pretty hyped. Fogo is kind of like the first. I don't know what the picture of that naked guy is, but it's like the first SVM Solana virtual machine and it's going to be high speed, is meant for finances and they're raising at a $1 billion valuation, which is not too crazy when Monad was at 2.5 billion. But people are pretty hyped on this. But once again, it got canceled. Literally the time Brian sent me this link, like literally when we got on live stream, he's like, yeah, the presale got canceled, so. But we. On January 13, their tokens went public. And so people see this as a Bullish news meaning like they're not doing a pre sale, they're just going to focus on airdropping. You know, airdropping the community has always been, you know, good for the community and also hopefully for this project because a lot of people are really excited. I've interviewed a lot of people for our pod too, and one of them was said, yeah, the most, you know, underrated chain that is Fogo. So definitely is someone to watch out. We've actually have them on our pod. Brian. I forgot, what, two, three months ago, right. We had the founder on our pod and yeah. So if they are going to do what they say they're going to do, which a lot of people think they can, that's going to be a good one. Another one that. But that one, that one Fogo was. You had to be outside the US anyway. So another one that people can look into is Octra. I don't. We didn't put a link for that one, but if you guys want to take a look at that one, that one's going to be one of the first launches on a platform called Sonar, which is the platform basically that Coinbase bought. So that's a pretty kind of hyped up ICO 2, it's octra. And I would say that's kind of like a wet launch. It could probably do 3-4x off the bat. Yeah, there it is right there. And that one is available in us, but only to accredited investor. So that alone is going to cause a little bit of fomo. The. So both the platform they're launching on is pretty well vetted and OKTRA itself is a privacy chain. That's a privacy narrative and it's doing some pretty crazy stuff. So once again, they've been around for four years. They're not new to the block. They've raised money before. They raised like $18 million before and this is their actual first public raise. So that's going to be a good one. And then I'll kick it over to Brian because we're just seeing a lot of ICO things come up on our radar. TiVo as where the momentum is now and you know, where we can tell and most of most of the last few wins has really been just, you got to move on it like 1, 2, 3 days after, after the launch get out. You know, we're not talking about long term holds here. We're talking about momentum plays.
- [41:06]
A
And yeah, and the ICO and the quick plays are not for everybody. But if, if you're somebody that is interested in that. It's like that's where you got, you got to be in the momentum. Moneymaker side say it again is check the links below if that's something that you're interested in. You like playing in that game and you want to be first to it. You know, go get that trial in the description but something with Rainbow Wallet there. Brian how many times have you wished you could be in two places at once? With wix you practically can. Wix's website builder is packed with powerful AI tools to make running your business online easier. Build a full site just by talking with AI, get an AI agent to manage your sales and marketing, or work like a 10 person team even if it's just you. So you don't need superpowers to get everything done, you just need Wix. Try it out for yourself@wix.com Tuesdays it's Mac Break Weekly with Jason Snell, Andy Inocco, Alex Lindsay and me, Leo Laporte. If you're an Apple enthusiast, there is no better podcast to listen to than Macrake Weekly. Not only all the news, all time, the the analysis, everything you need to know before you buy a Mac, an iPhone, an iPad, an Apple watch. It's got it all. And I hope you'll join us every Tuesday for Mac Break Weekly.
- [42:21]
E
This message comes from Alteryx. Business breakthroughs aren't about more data, they're about getting your data ready to harness advanced analytics, custom models, AI, agentic futures and more. Alteryx One makes that happen. Built for analysts, powered for the intelligent enterprise. Connect data from anywhere, automate analytics and turn insight into action with speed, user focused, secure, scalable. That's Alteryx One, trusted by nearly half of Global 2000 companies. Visit alteryx.com to learn more.
- [42:51]
B
Yeah, Rainbow Wallet. I think they completed their ICO just a day ago if I remember correctly. It wasn't one of our calls, but just another point that this ICO meta is heating up quite a bit. Rainbow is one of the larger wallets out there. So I'm gonna and like Joe said, and you were just talking as well, these ICOs, they can get that initial boom and then you get that sell off. And then if these are real working, interesting products to you, you always have an opportunity to maybe catch this on the low. After those people who got their ICO tokens initially distributed, they maybe sell it off and there's some volatility there. And with like momentum and opportunity you want to keep your eyes on a lot of these companies doing it and then there's another one that's called Sports Fun. Joe, I'm not sure if. Have you investigated personally with Sports Fun? Do you have any experience? It's an interesting platform for sure.
- [43:44]
C
I've experienced it. I just looked at a high level. So no. Personally, no.
- [43:49]
B
Yeah. And they just announced a recent ICO as well. I'm trying to bring up some information here, but they just announced an ICO as well. And they incor. You essentially buy like fractional shares of players that utilize NFTs. It was just interesting that now they're coming out with this fun token, they're gonna have an ico. I don't know if I'm gonna personally be participating in it, but I know a lot of people in our space have been watching Legion in the Sports Fun ico. Pretty closely.
- [44:19]
C
I think this one you put on there, Brian, is because it's one of the first ones on base. Like this is on base Sports funds on base. And then Base, like every chain has is promotes their own kind of launch pad and Base hasn't really. Doesn't really have a launch pad, even though they do kind of with Coinbase. So this is probably going to be hyped because of that.
- [44:37]
A
ICO season is here. I don't know put it. It's ICO season according to my. My Trench Fair Warriors. I don't know how else to phrase it. And it was. I. I see Wrecked. I mean, we can't have. We can't have Joe on the podcast and not talked about Rex. Let's move on to our memes and NFT news. We got some Wrecked and then Beeple is in the news, which is always fun. But. But Joe, let's start. Let's start with. With Wrecked. And then we'll go. Let's go Wrecked, people. And then the Trump mobile game.
- [45:09]
C
Oh, yeah, I threw into Trump there because I was like, man, we haven't had Trump news for a while. But yeah, we could start off with Rec for sure.
- [45:15]
A
Did someone say Rec?
- [45:17]
C
Yeah, rec did a 40. We actually re.
- [45:20]
B
Re.
- [45:20]
C
Told our community to look into RECT at this particular point.
- [45:23]
F
Right.
- [45:24]
C
I don't know how they timed it, Brian. They must have heard us because right after our call we're like, hey, we're right here. They made two big announcements, which was one, they teamed up with Aspen X Games, the Winter Games, as a partnership. And that's just one thing. Another thing they did is kind of confusing. They teamed up with another partnership called Aspen Digital, which is an Abu Dhabi kind of like wealth fund. But they're vetted, they have compliance to help early stage tech startups for find funding. Different Aspen. Not Aspen the X Games, but Aspen Digital. I don't know how they came with the same name. They're like in a completely different continents and they're just really doing a lot of work on the web two and the web and tradfi side of the world. They're bringing in finances in different aspects. Exactly what you need to level up from where they are, which is mass distribution, mass marketing. They're trying to be like the next Red Bulls, potentially coke. And a lot of people think they would be joking, but with these partnerships and an injection of cash, they can probably crush their goals. So at this, at the current valuation that they're out right now, it's pretty like, you know, I wouldn't say standard but like they can definitely reach back up to the all time highs and not as a meme coin, but as an actual company. So they kind of evolved from a meme coin into like a full fledged little beverage company now that's thrown their first golf tournament. Brian, you're not flexing the golf. Did you get the merch yet in the mail?
- [46:55]
B
No, I haven't. I forgot about that. I bought a wrecked hat and a wrecked golf polo from Manners. I mean, I'll be repping it hard. Whenever I have it, I, I get, I'll be repping it hard. I'm a big fan of wrecked. And right, right around before these announcements, I, I bought some wrecked as well. Topped it off because it was getting rinsed and I was like, I like this token too much. The, the brand they're building. I have more rec drinks than anybody could imagine. Cases of it behind me to the point where we, we have a pretty large family and we have some people that live close to us and we're having everyone come over for Christmas. I literally looked at my wife and I was like, like with all these cases of rec drinks, if that's the great Moonpay, if that's abstract apple, if that's open sea lime, whatever you want, the McNutt household has it. And I looked at her, I was like, hey, we should just put a ton of these drinks out for everyone for Christmas. Like, you know, like, forget like buying like anything else I got, I could, I could hydrate the family for two years. So I'm, I'm going to be a buyer. The grapefruit drink. Not financial advice, but big fan of the X Games, like Rekt. And I think the grapefruit flavor might Be fire.
- [48:07]
C
Yeah. Yes. You could click on that link. They're launching a grapefruit flavor. 40x games. And that some people are like, oh, that's gonna be the best flavored rekt out there. But I'm steal a quote from Brian. And Brian, he always tells me this offline, is that Rekt and some Meme Coins, which I don't think we can even call Meme Coins, has. Has done more activations and done more than any other altcoin out there. And that's true. Like, you can't even look at this as a meme like they have done. We wish some of the altcoins can have partnerships like this. Right? This is amazing. Yeah.
- [48:38]
B
Not. Not every altcoin, but you're exactly right, Joe. That Wrecked and Penguin, they. They get hit hard because they're risk on assets. We all get it. We talked about it every time we're on the rundown. But what they're building, the partnerships that they're doing, they have done 10 times more than like 75% of some of these altcoins that are trading at much higher market caps. Not to say I own a lot of those and I like them and I like the thesis, but these are real companies that are integrating not only in web 3, but in the web 2 world, doing some really cool stuff. Giant Eagle. Giant Eagle. For all my Pittsburgh people out there. I grew up in Pittsburgh. It's like that's where we went, man, was Giant Eagle. And they got a partnership deal with rec, so they're going to be on the store. So I was telling, you know, my mom, like, hey, make sure you get your REC drink. And she, like, sent me a question mark. Do I really need to buy this? I was like, no, mom, don't buy it. But I got more than enough to supply you for life. But they're doing big things and I'm a big fan of everything that they're doing. And the founder, ovi, that's behind it.
- [49:45]
A
And I think it's a great comparison of like, Red Bull. It's like, yeah, Red Bull is the drink. But at least from their branding perspective and social media perspective, it's like everybody knows it's these crazy action sports, skydivers, and, you know, mountain bikers and motorcycle guys and surfers. Like, I. I think like 80, 90% of the content around Red Bull doesn't even have the energy drink in it. So it's like it's evolved. Red Bull's evolved into its own brand around the drink. And so, you know, Wrecked Is seems to be kind of taking that approach as well in its own unique way in the, you know, web3 space, which.
- [50:26]
B
Is really interesting and what a good name too. And I mean, you don't want to get wrecked. You don't want to wreck in the. When you're snowboarding, but it just goes hand in hand with kind of the X Games. And then on the crypto side of things, you, you get wrecked. You know, you, you, you get wiped out. You get wrecked. It's, it's. I don't know. I think it's a great name. I think they're doing some big partnerships. So, you know that. That's enough on my soapbox about how great Wrecked is.
- [50:51]
A
Yeah, I mean, you guys love it. You're very passionate about it. I have yet to buy myself a rec drink, but I do the cans. We saw them in person that one time at the, the cwc and you know, definitely a fan of the brand. You guys are just die hard wrecked people. But let's see, what do we got, people? Back in the news, did you see these dogs? These were pretty, these were pretty wild. I mean, it doesn't do justice. The cell phone video that I'm about to pull up, I saw these on like, I just, just got the 75 inch plasma hooked up on the wall the other week and these, these people, dog animals came up and yeah, 75 inches. It was quite intimidating. Honestly, these things are a little scary.
- [51:37]
B
I met people once when I worked for DraftKings. I was at the V Friends. The V Friends show. That's right. And I met him like, because we were doing a talk and I was in the back room, he was there and what an interesting individual. And he's kind of like exactly, exactly what you would think. He's like, but I saw these trending at Art Basel and what the heck are they at the end of the day? But then when you dig a little bit deeper, they were like the talk of the show. TiVo, you were there. So you saw him. I mean, was there a buzz about them?
- [52:10]
A
Listen, when I'm down in Miami, I have my ear to the streets. Everybody knows this. And the only thing that was being talked about was. Was Beeple. It was Beeple and Pudgy Penguin, to be honest. A little Pengu action. And this, this one just, just as you said, it stole the show. You know, obviously you have a lot of the tech leaders there, some politicians and all that stuff. And. I know. So if you, if you bought one of these, it's like you get the physical thing and then it comes with like an nft, you know, an NFT with it, you know, the virtual NFT too. Yeah. People stole the show. I mean, the guy's the goat for a reason, right?
- [52:48]
B
Yeah. And those NFTs aren't doing too shabby. I know you can get them if you bought them. I think he was giving a few away and I think they're right around 20 grand now. But they got up to. Yeah, Tyler says 35 grand. I think they were 50 grand at one point. But NFTs are. I'm still a big fan of where NFTs and the technology goes, but we don't see a ton of, like, runners, especially when they're like tens of thousands of dollars. But Beeple is one of the best digital artists of all time. If you're gonna make a Mount Rushmore of digital artists, he would have to be in the discussion to be on there. And people. People are buying these. They were aping in.
- [53:25]
A
Yeah, it's. It's always something to watch when he drops. I always love when he does a little bit of both. It's like, okay, here's the virtual, here's the physical. I think it's a. It's a cool little tandem. But, Joe, you're. You're excited to talk about Trump. Trump again. Trump coined the Bill Trump Billionaires Club here. The biggest. The biggest. Yeah, the biggest.
- [53:47]
F
The biggest.
- [53:48]
A
And the best mobile and web game has finally arrived.
- [53:52]
C
No, I want to say excited. I just get a giggle whenever Trump does NFT meme coin stuff. And he's been quiet for a while. But then I sent it to Brian. I'm like, he has a mobile game coming out with a million dollars in Trump being given out. And also he's given out NFTs also. So I'm sure if it's a shout out is more of like, what do you guys think? This is kind of funny. And he's still kind of kicking there. His little Web three company.
- [54:17]
A
I love it. If we're gonna. We're gonna do some prediction markets next. I'll tell you this on the, on this page we're sharing here. On the right side is a gentleman. Looks a little like Do Kwon. Maybe I jump over the prediction markets and go for a Do Kwon pardon for a penny, maybe try. Try and try and get my money back from the. The L's I took with Jerome Powell. Not saying quantitative easing this past week. So may maybe a little nugget there for. For some pardon betting when it Comes to prediction markets. But a lot, a lot of prediction market news we, I, I credit to us we've been covering this stuff literally. I, I just remember, I just remember when Bryce and I went to Consensus a couple years back in Austin and we made a point to go listen to, to Shane speak at Consensus. The, the creator CEO of Poly Market who just did a 60 Minutes expose and is now like one of the youngest billionaires ever. And there, don't get me wrong, there were people at his, his speech. It was, it was well attended but it wasn't, if he did that today, it would have been, it would have been standing room only. Right? Standing room only all the way to the back. And you know, this is a couple years ago and there were people there and it was a big forum but plenty of seats. And then Bryce, Bryce and I made a point where we want to listen to this guy speak. Like we, we think this is, you know, obviously something that we've been following and have continued and it's blown up but there just continues to be news. So let's talk about what we got. Metamask coming in.
- [55:42]
B
Yeah, they're integrating with polymarket so not surprising but there's gonna, there might already like a tab to get into the prediction markets through Metamask Myriad. We've talked about quite a bit there another prediction market they integrated with the Trust Wallet so we're seeing just major partnerships and major integrations. What's so interesting, you can bring up the next tab there. TiVo and Joe can touch a lot on this because I know he knows but polymarket flipped visits in comparison and you can see Robinhood, Coinbase and Polymarket flipped DraftKings in FanDuel. And I love me some DraftKings. I worked for them. Good people out there but, and they acquire Railbird Prediction markets. But you gotta believe they're kind of sweating in their boots a little bit. We've talked about that from day one.
- [56:30]
A
I was just gonna say the whole like marketing behind gambling with your friends is like, you know, let's, let's get a good sweat in, let's place a bet, let's sweat it out. They, these guys have to be sweating right now. Obviously there's a huge, you know, just, you know, base of people that they have, that have the apps and they have the data and this and that. But when you look at what Robin Hood's doing, it's on our sheet. The, the link is an ad, so I'm not going to bring it up. But now you're Like, Coinbase is going to start doing prediction markets. Obviously, they're going to announce stock trading coming up. I think there's. I think it's December 17th. Coinbase has some, like, big day. It's going to be live. They're going to announce all this. You know, I think they have a couple things up their sleeves, maybe that they haven't announced, but everybody's basically waiting for stock trading on Coinbase. Prediction markets on Coinbase. And you can see there, Robinhood, Coinbase, Poly Market, then DraftKings, then FanDuel. I don't know, man. I don't know. I don't. I don't. I don't want to predict, pun intended, anything for DraftKings or FanDuel, but as soon as Robinhood rolled out the prediction markets and it was. It was a light rollout, but I started seeing that you could get better lines than what I was getting on. Like a FanDuel DraftKings, or like, in Florida, you can only use Hard Rock Bet. So I was like, I just. I. I don't. I don't necessarily. There's one commercial out there. It's like, do you want your, you know, finance, not financial advisor. Do you want your brokerage? This is what it was. The quote was, do you want your brokerage to be your bookie? And I was like, that's a good line. That's a good line. Because in theory, I don't want my brokerage to be my bookie, but if you're gonna shave me a little bit of points and I can get a better deal, I mean, I'm gonna use it. I'm gonna use it. So, you know, I just think that Robinhood Coinbase is really, really primed here, along with polymarket Calcia. I've said this multiple times. It feels kind of like the early days of. And Brian, you know this. While working at DraftKings, I was over at Barstool with the pen thing. There was just everybody and their mother had a gambling app. And then slowly, ones went away, they got acquired, they folded in, and now everybody has a prediction markets app. So I think that's gonna eventually go down that path too. And you're gonna have, you know, the Kalshi and the Poly Market, you know, two, three, whatever winners. But it's interesting with Robinhood trying to grab it, Coinbase trying to grab it, I mean, hell, Vanguard's gonna have prediction markets in. In probably a year, right? You know, once they get rid of the ship and put in Jeffrey the Giraffe, give the Give them another toy at this point. Give them, literally give them another toy. So it's just, it's, it's never ending really. And it is fun, but it's also informative.
- [59:09]
C
Yeah, it's like the new way of polling because who knows how people even get their polling data from. But I just interviewed, you know, one of the founders of Pith and shout out to PIF. They said market data is around 50 billion and they're kind of creating like a blue ocean of new market data. I wouldn't say polling, but like people putting their money where their mouth is. And that's like another revenue source for Polymarket. Not just predicting, but providing this data with the integrations that they've seen is just going to be, you know, really, it's going to be big. A lot of people can be utilizing that data to kind of create financial models around. So I see this as a huge thing not just for, in the short term but like we said earlier, like all the momentum has shifted from meme coins all over to the, to prediction markets and rightfully so. And it's, and it's only like inning one. You guys use baseball terms a lot. It's like it's the start.
- [59:59]
A
Hell yeah. And then, and then friend of the friend of the show sponsor the show as we always like to thank them. Gemini got approved to start offering this stuff too and their stock got a nice little bounce. So just it just seems to be a tool in the toolbox that, that everybody's adding.
- [60:16]
B
Yeah. I actually wrote in one of our forums with our momentum money makers, people like this bull case for Gemini stock. And I, I, it's trading. I think I'm trying to remember the details. I think 1/60 of Coinbase and some people in the, in the community made some great points like Coinbase holds custody for a lot of these ETFs. And I'm not, I'm not saying that Gemini Skate flipped the coinbases of the world, but they have all the major ability to lean into some of these like retail aspects with these prediction markets and stock trading and tokenization and the crypto side of things. I, I'm again like, I don't own any Gemini stock. I have their credit card. But I, I have like a gut feeling here that they could do very well. Not, not my always my wheelhouse, the stock game, but I, I feel like they could run the Robinhood playbook a little bit.
- [61:15]
A
I was just about to say there's some people forget, some people don't. There was a call on this very show about $9 a share for Robin Hood. It was basically what you were saying. I was just like, guys, you're not even seeing. Like, everybody's like, that's degenerates and they're gamblers and it's toys. It's toys, toys, toys. And I was like, guys, you're not seeing this. Like, we. We had Johan Kerbot on. And I was like, all right, this is not priced in the stock at all at $9 a share. And I think today it's at Friday, so we're not going to get the calculators out. But, you know, something like a. Yeah, it's pretty good. I mean, hell, all you got to do is listen to crypto101 and we give it to you on a silver platter, fellas. That's going to wrap us up today as we approach the 54th minute. I really appreciate you two joining us. It was super fun. Approaching the back half of the year. Gonna try and get out as much content as we can. Obviously, we will be taking a break at the end of the year to spend some time with our families, but we'll get you some rundowns before we leave. I'll check everybody's schedules. Maybe we could do like a year in review NFT Trenches show maybe in the next week and we could put that out like New Year's week or something while we're off. But we'll have. We'll have content backloaded for you. We just really appreciate, you know, all the listens and the downloads and all that stuff. Stuff, you know, we can't say it enough. We appreciate everybody listening, but that's gonna do. That's gonna be all of us for today, folks. We really appreciate you listening. I hope everybody enjoys their weekend. We're gonna be back next week with some rundowns and then I'll give you a full lineup of what we cook up for the. The holiday break to make sure that you're still entertained and also educated. Guys, this is TiVo for the Crypto 101 podcast. Thank you all for listening. Enjoy your weekend and we'll talk you soon. Bye, everybody.
- [63:14]
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