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CRYPTO 101
Meme Coin Mania: The Secret to PENGU ALPHA with the Abstract Chain & Predictions Markets
01:20:18
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- [00:00]
Brian
Foreign.
- [00:09]
TiVo
Everybody. Welcome back to another episode of the Crypto Rundown, another special edition of Meme Coin Mania. We've got Brian with us in the house and if you're just tuning in for the replay, we've got an awesome episode covering all things macro, why the volatility is happening in the crypto markets right now, plus a lot of the underneath the hood bullish news that you need to know from the government. Leaning more onto the blockchain, we think Salon is at a key resistance point. You're going to want to see that so you can see where altcoin season might be heading. And then of course, we have an absolute buffet of meme news that Brian is bringing us just to give us the updates of the calls that he's had, all the success that he's had, what he's eyeing up now and all the momentum in the markets in the Meme Coin and NFT space. Absolute pleasure to be able to have Brian join me today. Brian, It's a special way to end the week because we started the week on Sunday. Me and you had lunch together in person out in Denver. It was a fantastic day. We hit the golf simulator. We had an awesome lunch. You dropped me off at the airport and an absolute stand up guy. He took care of the bill, folks. And that's why you're going to want to listen to what Brian has to say because let me tell you, those, those picks must be hitting because that golf simulator was not cheap. What's going on, Brian? Good to see you online, but it was better to see you in person on Sunday.
- [01:25]
Brian
Let me lay something out here for everybody. One thing I realized about meeting TiVo in person, we've met a few times in person, but we haven't really done a lot of sports together. This guy is one of the most athletic people you'll run into your entire life. He was like, yeah, I haven't played golf in years. Just pure in golf balls, 250 straight as an arrow. I play golf every weekend and he beat me in this golf simulator. And we had a whole bunch of other sorts of games. Playing hockey, throwing football. As the guy had some silky mitts out there, I have to say, super impressed with that athletic skill, my guy.
- [02:01]
TiVo
I appreciate it. Listen, when it comes to golf, that that clearly was not regulation play on the simulator. So I'm sure you'd take me for my shirt if we were out in the real links. But you know, once an athlete, always an athlete. I'll tell you this, Brian, people forget that I Rode the bench on the Division 1 football team. So got those quick hips, quick hands, and we like to have fun. But I think my, my athletic ability never made it past the college bench. And now I am again a face for radio. But we do appreciate everybody also joining us on YouTube. Welcome to everybody in the chat. If you're here, tell us what your name is, tell us where you're from and if you're new, consider subscribing. Check the bottom right, you'll see our logo. Give it a click, give it a thumbs up. Turn on notifications so you don't miss all the crypto alpha that we dish out each and every week. But we had a great episode, two episodes this week with Brendan. Earlier, Brian, we were covering the news. There's a couple things we might double take on to get your take. But overall we kind of woke up to a little volatile market today. The market's kind of rolling over just a smidge. I'm going to bring up coin market cap so we can just kind of go through the, the price action here. And as you guys can see, we actually did cover the fear green greed index the other day. Kind of hovering around there on that back end of neutral. And then again, bitcoin on the week you see here. Seven days. Let me see if I can zoom in for everybody. So it'll get us a better, better look. There we go. Seven days. We got 7% down, you know, 24 hours down. 4% Ethereum, same thing, 4% down. XRP taking a little bit of a breather at 5% down today. Good to see tether staying strong there at even. Always good when the stable coins are stable. And then, ooh, doge down five. So a little bit of red in the market. Chain link we talked about the other day, Chain link had that bullish news of working with the government. And just overall we're seeing a little bit of a pullback. But what we like to say here is volatility is really opportunity. Again, if you're somebody that can plan your trades and trade your plan, this is the kind of market where you really do want to be listening to the show and you want to be diving into the research because this is where the opportunity is, right? It's not, obviously not every dip is the one to hammer it and put it all in. But at the same time, if you do have that plan and you're eyeing certain projects that you're thinking about investing in, you know, this is the time where you gather the information. It's not when we're doing the shows and telling everybody. It's telling you about the 5 or 10x that they've won. Right. The research and the work was done before that. So if you're here, you're 100% in the right place. We've got. It's me. Sure. Cherelle, welcome. Sherelle One Vision transition. Debbie. Ooh, Debbie from Santa Barbara. I love Santa Barbara. Debbie. I'll be out there later in the fall. And so we got Albert the Great in as well. It's. It's going to be a fun Friday afternoon. Brian, the. The markets are a little red. Can you just give us just to hand you off the reins and give us kind of your market view for the week with the price action today.
- [04:59]
Brian
Yeah, we had a little bit of a fake out last night. It looked like we were recovering from some of the bleeding that we've seen over the weekend. But volatility isn't necessarily a bad thing. You and I were talking about this before the show. That's why we're in these markets. There's always major opportunities and following the volatility isn't a bad thing at the end of the day because this is one of the most bullish periods in my opinion to be paying attention to the crypto market. That's why you should be checking out our podcast should be following, chatting it up with us because absolutely these prices aren't going to stay depressed forever and, and it's healthy markets pull back. They correct and it just gives you a better opportunity to size your position or dollar cost average in. I mean everybody feels like they missed the boat when bitcoin's clipping at all time highs at 125,000. Oh, did I miss it? Well, now there's a chance. I actually we were talking about this a little bit before the show. I actually I'm a, I'm a meme coin guy. I love NFTs, any speculative assets but I just want to reinforce to everyone the majors, the bitcoins, the ethereums, the salon is of the world. Everyone should have those in your portfolio and that should make up the majority of your portfolio. It's not financial advice but bitcoin is digital gold. It is an absolute killer asset. We have the US government stockpiling it. We have countries, companies, millionaires, billionaires. Absolutely putting it on balance sheets. So it's sitting at a correction over the week at 7.8%. It feels like an opportunity to me. And everyone should be dollar cost average again hold holding those because in my opinion, the price is going to be a lot higher in a year or two than it is right now. And of course the market has a pullback. I'm definitely seeing that. And the time frame right now is one of the worst time frames as well for the crypto market. I joke with the boys at crypto 101 about the ghost month. It's like the seventh lunar phase. A few of my friends like Tyler talk about it all the time. It's a time when it's in Asian culture when people typically don't trade. But right now it's a slow time. I do believe. And this is again, not financial advice. This is a guy on the Internet. Given his personal opinion, we're going to hit all time highs for bitcoin, probably November, December, the end of this year. So we're looking at these prices right now. And it's also $108,000 for one bitcoin. I mean, you know, just a few months ago we were like 70 and 80. So I feel great about where the market is right now. This is a natural pullback. I know everyone on crypto Twitter's, you know, dooming and glooming and calling like the cycle top. I swear we hear that every six weeks and then we come back harder than ever. So, personally, long story short, I'm not that concerned. But we have seen some strength in Solana as well recently.
- [07:48]
TiVo
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- [09:03]
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- [10:57]
TiVo
We can pull that up again. Just a quick disclaimer as Brian said. You know, just two guys trying to educate you talking about crypto here on on the YouTube. We love doing it with you, but it's not personal financial advice. We are not personal financial advisors. So you know you want to do your own research before you make any decisions. But we hope to educate you and Have a lot of fun in the chat. Before we move on to Salana, I gotta, I gotta point this out. Dan from Florida says hi. And Ahmad, Ahmad from South Africa, that, that kind of get excited on a Friday afternoon. We have our friends from South Africa tuning in. That's super special. But when, when it comes to Solana and just to kind of tee this up, Brian, and then I'm going to toss it to you. We've actually been talking about this on the rundown since we've last had you. I. I'm. Dare I throw it out there? Dare I do it? Little pat on the back for myself. Credit to me. Credit to me. I've been touting this, like, kind of narrative shift because we've talked about how obviously Tom Lee has ran this Salana narrative with bit mine in the next Ethereum, Ethereum Treasury. And again, it's not. I've. I did end up seeing it over the last couple weeks as well. This, this new narrative of, again, whatever's the bell of the ball, whatever's the top dog. We got to remember when Bitcoin was outperforming everybody and Ethereum was dead. And now Ethereum and Solana was running and Ethereum is dead. Now Ethereum's going to the moon. It's going to, you know, 15k eth by the end of the year. And so people are mad that Salon is not performing. And there's just that thesis of, you know, I don't think Salon is going anywhere. I know you don't think Salon is going anywhere. And it will come back and have its day in the sun. And you got to position yourself for when that happens, if you believe in that thesis. Because at the end of the day, what we saw happen with Ethereum was, okay, we had some big Wall street people back it. It got some price action. Then the announcement comes that we're doing an Ethereum treasury company. And then all, like, all. And then the Syrian treasury company goes out Sharplink and Bit Mine. Just start buying and buying and buying. And in that small. It's a small window, right? It's like two weeks tops. You just see the price action roll because all this money's flowing into it and, and there's a similar. Or there could be. Again, it's. Nothing's ever guaranteed, but there could be a similar setup for Salana where, you know, if, if, if these ETFs get passed just like Ethereum, remember the Ethereum ETFs. And we've shown this on the show, the charts a thousand times how the Ethereum ETFs were basically trending like this and then hockey stick. And so when these SOL ETFs finally get approved and then there's going to be, inevitably there's going to be some wild Solana treasury company conversion on the stock market. There's going to be one or two would be my bet. And it's the same, it's kind of the same playbook. So again, it's, it's not any personal financial advice at all. I can just kind of see Solana coming back for its day in the sun. So we'll switch here. Just kind of bring up this chart. Brian, if you kind of wanted to talk through what you see here on the chart and then kind of break down what I teed you up for. I know you, you kind of agree of what could come Solana's way in, in the coming months to the next year.
- [13:53]
Brian
Yeah, I'm pretty bullish about Solana overall. You hit the nail on the head, TiVo, is that we're seeing the, the reason Bitcoin and Ethereum have had this recent surge is there's major ETFs and Treasury companies absolutely gobbling up bags left and right and we haven't seen a Solana etf. We've heard news. Blackrock wants one. Blackrock doesn't want one. In my opinion, there's going to be a Solana etf and all the major players are going to be in this etf and it's going to create a tremendous amount of buy pressure in Solana is going to go to the moon. So that's one catalyst there for Solana to do really well. Kind of in this chart, we're at a key resistance. So this is a couple of days ago, a little bit more of a key resistance. But if we break out, it could be the next darling of this Altcoin run. We'll have to watch Solana closely. What's it at right now on the week? It's still down about. No, it's actually up on the week. So it's one of the few up on the week over the past. Yeah, 3% 202 over 200. Always feels like a great world. But I think with the treasury companies adding Solana to their treasuries, we have DFDV, who's buying, I think 100 million in Solana. We have rumors out there, not even rumors. We have confirmations that these treasury companies are going to buy about 1 billion total worth of Solana. And when you compare the Market cap of Solana which is about what, five times smaller than Ethereum and much smaller than Bitcoin. A billion dollars worth of Solana is absolutely massive. So I think with treasury companies investigating Salon, I think more and more go come out and start buying it. I think the Solana ETFs are going to create a tremendous amount of pressure on the price and it's going to take off. And that's what we've seen with Bitcoin in Ethereum obviously is that the ETFs are, you know, gobbling up a lot of the open Bitcoin and Ethereum. Tom Lee's putting in major buys. We're going to see the exact same thing happen with Solana. Timeline on that's two to to be determined.
- [15:58]
TiVo
Yeah. And then you brought this chart of TVL at all time highs. Can you walk through the, the good people of Crypnation? What you're, what we're looking at here?
- [16:07]
Brian
Yeah, this is just the, the TVL of DeFi with Solana it's kind of going under noticed here. You can see just throughout the years it was at an all time high in 2022, kind of bottomed out in 2023 and since 2024 it's just been climbing up steadily and now getting back to all time highs. So it just goes to show that this Defi sector of Salon is picking up as well and it's going to continue to pick up. The Ethereum D5 sector is going to continue to pick up. The Solana sector of Defi defies. Defi is really becoming something we're hearing more and more about every single day and it's, it feels like a defi season is definitely on the horizon in Solanas. You know, according to this chart is, you know, right in the thick of it.
- [16:52]
TiVo
Yeah, 100%. I know what kind of we were talking pre show here that you feel that you kind of like where Bitcoin's at. You're not afraid of the pullback there. I know you have a chart from Bob kind of teeing us up to where bitcoin's been trading a little bit. Do you want to, you want to talk about that?
- [17:12]
Brian
Yeah. Big game Bob. I'm a big fan of Bob Lucas so I think he's an interesting follow at the end of the day he gets trolled every once in a while. He put a tweet out just the other day. He's like, hey, if we go this way, we're going to go down. If we go this way we're going to go up. So in the comments everyone was like, so you're telling us you're going to go up or down a bob. But he's usually pretty a pretty good spot on person talking about cycles and what he's saying here is he doesn't see a lot wrong with the current weakness that we're seeing in bitcoin. It's just part of the ebbs and flows and we're having a little bit declining week. We're having a little bit of reset. He says there's no way to know how well this is going to, you know, cut says alts are holding up there. But the reason I can't post this is he's usually pretty spot on with points of the market and it's aligns with my thinking as well. I really don't know why we're having this pullback. There's no like real fundamental reason why bitcoin's doing great. We got the pro administration, we got treasuries, we got ETF inflows. Everything's lining up for an absolute to prove that we're still in a bull run. And I think we're not even the thick of it. I think the bull runs yet to really get going. So to just have a pullback here just feels like we're having a pullback because it's a cool month and probably because it's ghost month.
- [18:33]
TiVo
Yeah, yeah. The ghost month of everybody getting their last couple weeks of vacation in August. Special shout out here to G. GK27. Hello from Tampa. Huge fan. You gotta love when a local Tampa is is in the chat box there. I wonder if his name's Grant because that's what that would be my guess for somebody named G. But I think that when it comes to bitcoin, kind of you're sharing your bullish sentiment. I thought this was really funny to see the bitcoin price prediction for JP Morgan. JP Morgan of all people says that bitcoin is undervalued. Will Wall street run it next? And I know we've talked about this a lot on the program, if you listen to this before, but it's always such a, such a fun kind of thought process to walk through. And I'm pulling something up here. When you, when you see J.P. morgan and we all know who the head of J.P. morgan is, Jamie Dimon. And Jamie Dimon has just absolutely gotten leapfrogged by bitcoin time after time after time calling it a pet rock, saying that it's only for Criminals, it's going to go to zero, the whole nine yards. And, you know, it's so funny to just, you know, you always want to do what other people do, not necessarily what they say. And, you know, all the times that Jamie Dimon's talked down about bitcoin, but continuously his analysts have come out and, and talked positively in, in bitcoin and the price action where it could go, and just the usage overall of blockchain, obviously with, you know, all these big banks. We talked about it on the show the other day how these banks are just trying to set up these rails for stable coins to get more yield but not give it back to the people. And they're trying. The, the banking, the aba, the American Banking association is trying to block this stablecoin yield from getting back to the consumer, which again, I went on a big rant on that, so I won't do that again. But it's just, it's just sad kind of to see that. Any thoughts on, on JP Morgan kind of changing their tune there?
- [20:26]
Brian
Yeah, I mean, Jamie Dimon's probably the most famous banker out there. And a lot of people in the banking world look at him like he's God. And for good reason. He's done well with JP Morgan. He's extremely well known. And he's not a big fan of bitcoin because it was literally for a long time a direct threat to everything that he was building. Now bitcoin is, you know, becoming more regulated, is being embraced by the administration. I can go on and on. We talk about all the time. And he's starting to change his tune and for good reason. And I think this is a great meme right here. He's getting leapfrog from bitcoin, but it's. He's not going to let it get past him. And now they're saying, what was the headline here? That they believe that it's a better buy than gold. I put this, it's undervalued compared to gold. And JP Morgan is an absolute gold bull too. So that, that just goes to show you that the big bankers, the big players out there are starting to look at bitcoin even closer. And they're trying to buy your bags. Don't get flushed out. This is some good opportunities. It is the best time right now to start be paying attention to the crypto market because we're. It's a little bit down, it's a little bit volatile. People are calling the top, it's not the top. And we're gonna probably Rip into the fall and it's gonna be euphoric. And then, then, then we could start talking about being scared of the top, you know, when everybody's shopping for Lambos. But right now it is not.
- [21:46]
TiVo
That's a great, it's a great point of, you know, there's, there's local tops, there's cycle tops, there's Markle market tops, and then there's bubbles. And I thought that the fact that when you start talking about bubbles and specifically this week, and we covered it earlier, is the Nvidia earnings. So if you're interested in hearing. Brendan, nice take about the Nvidia earnings, you know, check out the show before this one with him. But in the sense of this AI trade that's really fueled, you know, the continuous movement of the stock market, no doubt. I think that's basically undeniable at this point. The capex into all these companies investing in AI and obviously Nvidia leading the forefront of that. You know, there's been a lot of liquidity in the market and that's obviously helped the crypto markets as well. But you, there's somebody that we've mentioned on the show countless times, Tom Lee, and we're always kind of bull posting Tom Lee, especially when he talks about Bitcoin and then more recently Ethereum. But I did find this clip of Tom talking about a market bubble. And you know, as somebody that tries to really paint the whole picture as much as we've talked about Tom Lee and played his clips, I think this one's actually might be the most important one we've ever shown because it's actually telling you about a past call that he made where he wasn't bullish. So you can. And he talks about how he really staked his reputation on this call. So it's a two minute clip, it's a little long, but I think it's great for not only the history of this specific analyst that the crypto markets like to track, but I think it's a really important story for market tops as a whole and how people look at them. So let's tune in for two minutes and then we can break it down in 99.
- [23:22]
Tom Lee
When I was a technology analyst and being wireless and that was living history of, of a bubble that really was a lifetime bubble. I think if people weren't in that period, it was five years where literally if someone said buy the stock, it could go up 20% in a week, you know, and then it would still keep going up. I mean, that was really a Different era than what anything we've seen today. But in 99, it was clear to me that we were in a bubble. And I was only in my 20s, but I was at an investment bank and they kept telling me, Tom, there's $5 billion IPO and we need to be the book runner on this deal. So you need to tell them we're going to recommend this stock. And I said, there's no way I can. I mean, this business model makes no sense. And. And so I was not popular with the investment bank, but I passed on so many deals that wanted to do multibillion dollar IPOs that would have been hundreds of millions of dollars of fees for the bank and I would have made tens of millions of dollars because at that time they were paying you for your IPOs. So I spent with my own reputation at stake. I avoided the implosion. As you know, when that telecom Internet bubble burst, many people's reputations got destroyed. Mine actually rose. I became. I was still famous as a wireless analyst, but then I got promoted to be a strategist because I avoided all of that carnage. So if someone's asking me if what I know what a top looks like. By the way, I also had a very famous short, a sell rating on a stock during that era that almost destroyed my career because the company was so angry at my not recommending them that they even complained to the sec. And my company at the time, it was written up in the Journal. So someone can look it up.
- [25:17]
Brian
I'm going to. Maybe we won't add it in the show notes, but I'm going to look it up.
- [25:20]
Tom Lee
I don't want to name the company because. But they were. So apparently the CFO said he'd wake up angry and yelling about me because I wasn't recommending a stock. So there's enormous pressure and I still kept accelerating.
- [25:31]
TiVo
So I really saw that today and was. I thought that was number one. Obviously a fascinating story and a fascinating clip from. I believe that's Wilford Frost podcast, good analyst, both in the New York market back in the day, and I believe he's over in London now, back home. But just that story kind of was interesting because everybody kind of rightfully so, either kind of jabs Tom in a fun way or sometimes negatively, that he's just a permeable and he's just always bullish and this and that. We've talked about how, you know, When Bitcoin was 2K, he said you need one percentage to bitcoin and all that stuff. But you know, I guess I was a little too young back in the 90s to be reading the financial papers in the Wall Street Journal every day and be following the story that Tom was saying. But, you know, that was the time where everybody was bullish and you were printing money hand over fist. You know, there's plenty of documentaries you can go and watch and just any company just had to put a dot com and they could get, you know, hundreds of millions of dollars or tens of millions of dollars of funding and trade on the stock market at a high valuation that obviously, you know, didn't work out on the dot com bubble. But it's interesting that to learn about that's how he looks at cycle tops and, and he feels like an honest guy to me and I feel like if he didn't believe in something, he wouldn't be touting it as much as he, he does because as much as he's a veteran, he's not on the, the back nine of his career yet. He's still a younger, a younger guy with a bright future. So I didn't know. What did you take anyway? Anything away from that clip, Brian?
- [26:59]
Brian
Yeah, I mean it looked like Tom Lee woke up from that bed that he keeps in his office right before he got on that interview. But I mean, he's, it's okay to be bearish when it's the appropriate time to be bearish and, or when you really feel like the top's in. We've all kind of seen it in certain, when we look back in retrospect and we're like, oh man, the signs were there. We, it was just, just we were too euphoric to even see it. And so it takes it away that he'll, he'll be bearish when it's time to be bearish. But right now he is not bearish in the crypto market. And I feel like a permeable a lot of the time too. But I can get bearish when fundamentally something looks like we should be bearish, like FTX. Like when FTX went down TiVo, I was kind of scared. Just meaning like, I was like, man, this is a bad look for crypto because a centralized exchange, a lot of trust. But in the long, in the long run, that made us regulate exchanges more, makes us audit exchanges more. It's, it's healthy for the market. But when FTX happened, I was in the thick of the crypto market. I was like, this is not what I want to see if like Bitcoin's code breaks probably turn A little bit of bearish, you know, but none of those things are happening. None of those things have been proven to happen right now. And we just keep reiterating it more and more. This administration is supporting bitcoin. We're putting, you know, the GDP on blockchain. We're embracing chain leak and Python, all sorts of blockchains. Solana. We got Trump family making millions on crypto for good reason, because they believe in it. Yeah, this is why I was talking about it here. The U.S. department of Commerce is putting important economic data like the GDP on nine different blockchains, meaning bitcoin, Ethereum. Solana. And this is just another point to show that the United States is moving towards a more cryptocentric world, utilizing blockchain in a lot of the ways it should be used. It's bullish for the entire market. We're going to actually talk about prediction markets a little bit in the. Later in the show. I'm a big fan of prediction markets. I think there's an edge there for people that want to go down that way. But this is even interesting for prediction markets because now they have a whole bunch of source of data that's verifiable, that's open source on blockchains, that they can make predictions. So we're just seeing the complete. It's. It's almost taking us. It's almost surprising how fast we're moving. And I don't think the market is moving in the correct way for how bullish I think things are starting to get.
- [29:37]
TiVo
Yeah. And it's basically the election was such a turning point because you went from an administration with Gary Gensler and the last administration that was, you know, Gary Gensler, clearly anti crypto and the administration, maybe you could argue indifferent, but, you know, not really for. By any means. And then now, except. Except for the pictures of all those senators and Congress people with Sam Bankman fried. But that's another episode. And then now you're seeing stuff like you just said, we're moving data on chain. GDP data is going on chain. The CFTC is looking to open the US Markets to crypto exchanges. That could be a huge win for Binance and all those other exchanges. Right, Brian. That you needed a, you needed a VPN to, you know, back in the day, you would try and hack your way into a VPN to, to get into access to these exchanges, which, which, you know, had its own risks. And now kind of, again, this is, this is a, a crypto, a crypto economy that this administration is trying to open up with all this new legislation that just, you know, is, is going at a breakneck speed in the first year. And again, that's why there's shows like this where, you know, if you're tuning in every week, we try to bring you as much information as we can. We're doing two, three episodes a week that are going up to, you know, an hour just because there's so much information. So again, if you guys are tuning in and you're new, please, I'm asking you if you could just give the video a, like, give it a thumbs up and then hit the subscribe button, which is our logo in the bottom right. It's just my ask to you. All this stuff that we do is free for you and it really helps us keep the podcast going and get those awesome guests that Bryce and Brendan interview each week as well. So give us a like, please subscribe. We really appreciate it. But Brian, with this news, what are you the most excited about and which exchanges are you keeping an eye on that might give us some access?
- [31:23]
Brian
Yeah, I think Binance is a really key one because they were moving a lot off offshore. The Gary Gensler, you nailed it. That that previous SEC head was stopping a lot of these crypto companies from just growing and developing. And essentially what this is saying is that they're gonna give framework for these crypto exchanges and crypto companies to come back into the United States. So obviously the cftc, once these companies, the SEC wants these companies building in the United States for good reason. That's smart. It is. I am not the smartest guy in the room, but that is a very smart thing for the United States to be doing, is to be embracing these crypto companies because it is the future. And you're right, no more VPNs. Crypto bros like myself that go on these different exchanges and, or go on these different sites and I need VPNs. It's annoying. You're not doing anything illegal. You just want to buy crypto, you know, or look at crypto exchanges. I think, I think in the next few months this is all going to go away. We're not going to be using VPNs for certain sites. People start building and we're going to see tons of jobs in the crypto sector. We're going to see even more progression where blockchain is being utilized in real estate, in voting, not just the financial markets. And all of this, all of these things are going to point back to just bitcoin in the crypto market. And be a bull case for.
- [32:49]
TiVo
Yeah, and I think it's, it's a natural progression when the administration is clearly, clearly bullish on everything. Crypto that we're seeing the news come out like the next couple topics here. Again, we try not to be political on the show. Again, this is just kind of the news and we're trying to cover it and give you guys as much alpha as we can. So it kind of is what it is. But CROW CRO coin partnering with the, basically the Trump family and looking to maybe create a treasury and all that stuff. So, Brian, what did you see here? I didn't know if you wanted to play some of the video. It is four minutes, so I didn't know if there was a part we wanted to play or if you just wanted to talk about the topic in general.
- [33:27]
Brian
No, I mean this. I just threw this on the sheet. Really, that, because it's breaking down that, you know, the Trump family is heavily involved or Trump Media is heavily involved in a lot of different crypto projects. I think. Where did I write it down here? Yeah, don't play that video. But Trump media firm is setting up a 1 billion digital asset. They're planning on purchasing the media, about 105 million worth of crow, while crypto.com, of course, is going to invest 50 million in Trump media shares. So there's a little scratch my back, scratch yours. There is a there on both sides. There is a world here where I want crypto to be bipartisan. And with the Trump family just making money and deals hand over fist, which I don't blame them. There is a world where I don't want, like, the other side to be, like, salty at crypto because of what Trump and the family is doing. I don't think it's getting there, but again, that's, that's not something we need to be really concerned with right now. The administration's in place right now. There's not going to be a bunch. Even if Trump or the Republicans don't hold the White House seat in the next election, I don't think you're going to be unraveling a lot of these moves they're making. Crypto's here to stay, blockchain's here to stay, and they're pushing forward now. But yeah, as you can see, crypto.com, anybody has the CRO token, hats off to you. If you had that credit card where you're earning CRO, that thing is nothing but a rocket ship right now.
- [34:59]
TiVo
Yeah, that, that was big news. And I, again, I personally, you know, full disclosure, don't have any crow. And I was just getting unlimited DMS, like people in the comments and YouTube were asking about it. People on X were commenting. I'm posting like, you know, I'm posting memes and having fun and people just like, hey, what about crow? Are you on crow? So, I mean, it got, it got the waves rolling for sure. But that, yeah, you know, scratch my back, we'll scratch yours, is, is, isn't a bad move. And then again, we've had the, the CEO of Canary Capital on the show recently. So if you haven't listened to that, make sure you go check out that episode with the CEO of Canary Capital because Bryce did an amazing interview with them and, and they're, you know, Canary Capital is always shooting their shot. We talked about, and we'll talk about Pengu later in the show as well, but they have the Pengu ETF filing. They just filed an S1 for a Trump ETF. Again, the Trump, the T, the Trump token from the meme coin. It's just, it's, it's wild what's going on with these filings and all the different ETFs from top to bottom. Obviously, we think, you know, the blue chips and the Ethereums and hoping that the Ethereums and the Solanas of the world get staking, but you can go down the list and, and, you know, name your token and they're kind of, there's, there's filings for these ETFs. It's getting crazy. This is a one off as of now, but it's also a strategic, like, it's a strategic move in the sense, kind of like a CROW move. Like, oh, okay, Canary Capital is trying to file for this Trump etf. Obviously, you know, is the SEC not going to approve that, number one. And then is Canary Capital going to be on the forefront of being the only offering in the traditional markets to be able to get you the token? And then worst case scenario, it, you know, it puts you in good graces. Maybe you get a phone call into the Oval Office and somebody's going to pick up for you. So I think it's a great play overall, just in general, of, of a me, you know, a marketing play for Canary Capital as of now. But any thoughts on, you know, just the endless flow of these ETFs, Brian?
- [37:02]
Brian
Yeah, I mean, the ETFs are interesting because if you, if you're like really filthy rich, TiVo, we're talking like hundreds of Millions, tens of millions, billions of dollars. You might not feel comfortable going on Coinbase, a new exchange, even though it's like, you know, FDIC registered and everything like that. You might not feel comfortable or sending it to a private ledger or a wallet or a multi sig wallet. You, you've been buying stocks your whole life. You just want to call your broker and be like, buy me that Bitcoin or buy me that Ethereum. That's, that's why it's very interesting. A lot of this money's flowing that way. So Canary Capital getting a little bit off the beaten path, integrating Trump into getting Grading, Penguin, Dogecoin, Chainlink, all these xrp. I'm not an XRP guy, but I see a path, why it makes sense to put it as an etf, because there's a lot of money that just likes to transact that and they're going to continue to transact that way. And we saw what it did for Bitcoin and Ethereum and I'm telling you, we're going to see what it does for Solana when that ETF gets approved eventually. So I like the move by Canary Capital and it's a good move. You know, you probably want to incorporate the President's Coin into your ETF if you want to get a signature on it.
- [38:11]
TiVo
Couldn't. Couldn't agree more. Just a transition here for everybody that's still with us and we appreciate it. One more call, please like and subscribe. I already kind of pitched that once, but if you haven't yet and you're new, give it a, like, give it a try and we're going to transition ourselves into this Meme Coin conversation. And again, as, as knowledgeable as Brian is for the entire crypto markets, from the macro down to kind of where we're transitioning this to the meme coins. And he's in the trenches and he is doing the research along with Joe, right? Brian and Joe and their momentum moneymakers community. This is going to be the specific. This is, you know, why you tune in to get this alpha from the NFT and Meme Coin markets. If it's something that you've enjoyed through this next part of this next segment. I did put a link. It's going to be in the description. If you go down in the first description, the first link in the description is a link to Brian and Joe's private community. So again, if this Meme Coin stuff and the people that have listened before have, have seen all the success that they've given with a Ton of calls over, over the times that they've been on the show. If you want the first access to that, it is something that we offer. Obviously everything else is completely free, but please check out that link below to get more information if you are interested. And one of those amazing calls, which is why I put it at the top of the sheet because I followed, I jumped in and by God, what a call it was, was the Pengu Token. Buying the Pengu token at the bottom was, was an easy, easy call for me after digesting Brian and Joe's research over, you know, the last year, basically being Pudgy Penguin bullish and Pengu bullish for the token. So I really appreciated that call personally and that's the type of information you get. These guys were giving it out when people thought Pudgy Penguin was dead. Brian, everybody's like, it's over. Pudgy Penguin's dead. Pengu, the token, it was a fail. It dropped. The floor went out under it. But you guys didn't tell us that you said that this is a screaming buy at these levels because of the community, because of the leadership from Luca Nets. And at this weekend, the next magic rabbit that Luca Nets pulls out of the Pudgy Penguin hat, ah, let's say this, the next magic rabbit that he pulls out of the igloo, let's stay on brand is the Pengu race car. The official partnership with NASCAR has taken yet another step. We've talked about it before on the show being partners with nascar. Not only nascar, they have a Pengu car. There is a legit. Stenhouse Jr. Will be driving the pudgy Penguin 47 this weekend down in Darlington. And if you want to talk about excitement from the Chevrolet, the Pudgy Penguin team and the NASCAR community, I almost personally was like, do I need to go to Darlington this weekend and then root on this race and buy some tickets? I was super fired up to, to see this Brian and I have a friend that works in nascar. He's an absolute be of a gentleman and I was kind of filling him in on what Pudgy Penguin was and he's as excited as well. So what, what are you feeling this weekend and are you going to maybe, maybe hit the prediction markets and, and put a little money on Pudgy Penguin to win?
- [41:14]
Brian
47 is my number this weekend, I'll tell you that much. We're, we're pulling for the 47 car. It's a good looking car, man. I mean that little penguin on there fits well. I think It, I think Pudgy Penguins resonates with, you know, just the normal person very nicely. Luka absolutely has been smashing it with everything from the NFT projects. We got ETF filings with the gapengu token. It is a premiere. I don't even want to call it a meme coin anymore. It's like meme coin plus, it's. Yeah, it's down a little bit recently because the entire market's getting waxed. But it looks like a strong buying opportunity. Not financial advice, don't go that way on me. But it looks like a good opportunity if you miss some of the upswings because they're just continuing to produce. These founders have a lot of money, have a lot of resources, have a lot of partnerships and connections, and we're seeing it develop every single day. Because there's a 5, 10, 15% dip in price doesn't mean they're not gonna sign off on this NASCAR or the next million toys that are sold in Walmart or Amazon. This is becoming a brand. It's not like a Disney. But if you told me 10, 15 years from now that they're rivaling a Disney character type vibe, I wouldn't deny it. Because my son, who's 4 years old, went to Walmart recently and grabbed a pudgy penguin toy and was like, I want this. And I, it's not because, like, he knows a lot about Pudgy penguins and crypto. And I was like, why do you want it? He's like, because it's so cool and ran off with it. And I was like, well, we're definitely buying this. So it's resonating with a lot of people. NASCAR is a huge brand. Fans across the freaking globe, people are going to see this pudgy penguin car. It's going to resonate with them. They're going to look at penguin. It's just the tip of the iceberg. Literally, no pun intended, but tip of the iceberg of where we're going.
- [43:03]
TiVo
Yeah, I, I've definitely drinking the Pudgy Penguin Kool Aid. And again, it's all, it's all credit to your guys's research and, and you know, I don't think it's something, especially when, when you're learning from other people, it's not necessarily the first time you hear it, but it's the second, the third, the fourth time that you really digest it. And it was with your guidance for Brian and Joe that led me to be a full blown Pengu, full blonde, pudgy. And we've got, we've got people and we got Fitz. Gotta love seeing Fitz is back here. David Robinson from the uk. I gotta love that. Chase Kings, big moves, my boy. And then we did have somebody begging for some Alpha. So one vision transition, they're saying, brian, Brian, please throw us a bone here. Just throw us a bone on a Friday. We're trying to get some Alpha and I think this is kind of producer wise why I strategize the Pengu right into this now. So we talked about Luca Netz, who's the creator and you know, I don't know what you want to call him, the CEO, the head Pengu, the leader of the igloo. And they are, are talking about launching Abstract Chain. And again, none of this is personal financial advice. I just know that Abstract Chain is something that you and Joe are really deep diving into research and you keep giving a lot of what you're finding into the community and into your reports. So I thought we could listen to Luca talk about Abstract Chain and kind of his vision on how to distribute the value of it. Because I think it's important again to hear from the creators. And then I wanted to give get your update on Abstract Chain. What are you seeing? So let's take a listen to Luca.
- [44:29]
Luca Nets
I think the one thing that I would change, that we will do differently for Abstract is you better be aligned sooner rather than later. Right? Like, I felt really dirty when guys were just buying a day before making a ton of money, dumping everything. I felt really cheated. I felt like people were like, I had a girlfriend and she was cheating on me right in front of my face. If you believe in this, if you believe in abstract, if you want all the rewards that come with this ecosystem, you better be in it now. Don't be in it a day before it's not going to work out well for you. And I'm not going to talk about it either. Like I'm just going to let these interviews be proof. So when everyone's crying about it, you know, the day of, and they're mad that I didn't tell them three weeks prior, not going to matter to me. I'm not going to care. Because they're grifting, right? They're just grifting for themselves. They don't care about being a part of the community, they don't care about the success. I only have the interest down rewarding real holders, real believers. I have no interest in giving opportunist grifters a quick win.
- [45:27]
TiVo
I think you know that that's a good summary from the Pudgy Penguin reward of giving out the Pengu for Pudgy Penguin holders. Maybe there was some people who are quick trading pudgies to be able to get that Pengu drop. You would know more than me what he specifically might be talking about for the Pudgy Penguin community. But what are your thoughts around, you know, Abstract Chain? What are you hearing and you know, if you were interested in being early, how, how would you might maybe be thinking about that?
- [45:56]
Brian
All right, this is. You want some alpha? I'll give you some alpha. Here we go. Abstract Chain has a tge. It's pretty widely known that everything it's a token generation event and you get XP points every week by just going around on Abstract Chain and doing stuff. If that's trading meme coins on abstract, if that's buying NFTs, if that's playing their free games on there, you earn XP points. I I've been reiterating if you're part of Momentum money makers, you know, because every single week I've been given calls for certain meme coins within their community that I like. I actually really like the meme coins in the Abstract chain because it's not as there's not as much crap as what there is with in Solana World. You know, I love Solana Meme coins are fire over there, but there's quick traders, people in and out, rugs left and right. A lot of these abstract meme coins are somewhat more vetted. They've been around for, you know, months and months and they're doing stuff and they're integrating with abstract and you get XP points when you buy and sell and trade meme coins on their platform. Same with the NFTs. If you buy some abstract NFTs you get this XP point if you go over there and you play their free games. There's like roach racing, there's on Chain Heroes, there's Myriad, which is a killer prediction market. Shout out to the boys at Myriad because I'm a big fan of it. I like prediction markets we're going to talk about but Myriad is a great prediction market. It actually you need a VPN if you want to use the USDC version of it or be outside the United States. I know there's some people outside the United States you can use. You can wager with money, but they have a point setting system. You go in there, you get you collect points every single day you go in and you can put predictions on with their points. Little alpha here. Myriad is rumored in it's a 99.9% rumor that it's going to go down. They're going to have a token drop. So whenever you use these free points, you get on Myriad, you put prediction in using these points, you're getting opportunities that you're gonna get an airdrop with Myriad when their token comes out. In addition to that, it's on the abstract blockchain. So you're earning XP points on the abstract blockchain, where when their TGE event happens, you're going to get an abstract airdrop. It's literally a double farm. So check out the abstract chain. Honestly, if I had, like only a few thousand bucks or something that I wanted to, like, speculate with, again, buy the stables. You need bitcoin in your holdings. You need a theory in your holdings. You know, take care of your family. Not financial advice. But if I had a few hundred bucks, a few thousand bucks, I'd be poking around on abstract a lot because I think the TGE events could be interesting. I think Lucas Vision is interesting. They have a confirmed. They haven't confirmed the TGE event either. So if that happens in Q4, if that happens in Q1, the minute they make a confirmation like, hey, we're dropping the TGE events December 31st. Even though Luke is saying that in interviews that people, grifters aren't going to go over there and just start farming, there's going to be a rush of people over there. We're going to see meme coins pop off. We're going to see NFTs pop off. So definitely involve yourself in abstract. I go in there every single day. I have a couple NFTs that I play games with. I mess around with the prediction markets. I buy and sell and trade. Memes in the meme coins over there are a little bit easier to just buy and hold. They don't feel like they're just going to get washed to zero. Like the final boss guy that we were talking about, we're like, how long is this going to go? But we knew that was going to go to zero eventually. A lot of those memes over on Abstract probably aren't going to go to zero, at least the top ones. So, you know, explore abstract. That's the alpha. I think it's a really interesting chain and it's going to do well.
- [49:41]
TiVo
I mean, I have nothing to add there other than you guys have tuned in to one of the best crypto rundowns ever. Just stop to finish. But that's what you come for. You come for the Alpha. So if you enjoyed that, again, if you want specifics on how to interact with abstract chain, if you want some more of the guidance and, and kind of the education that Brian and Joe can offer you specifically around abstract chain. And then on top of that, the Ibiza Final boss is a great example because we talked about on the show and then obviously you guys gave out the alerts and it's like we tell you kind of we're not like, hey, we're not really going to play in that water. And sure enough, you know, EB is a final boss goes to zero. Pudgy penguin's been going to the moon. One of your guys's original calls from that group. And so, you know, if that abstract chain and getting involved in that type of space sounds really interesting to you, you guys need a team, you need a community, you need the education to really dive into it, to feel comfortable. Check out the link below in the description. It's the first link there to join Momentum Money Makers with Brian and Joe. And then you're going to get literally weekly touch points with them around abstract chain and much, much more. So check it out. But moving on, I think that there's a lot of momentum in the markets both up and down and kind of like you said, when, when stuff goes down, the markets trend down. Then some of these, you know, high flying memes might, might take a little bit of a breather. But I know that you, you pulled a Cope. This, this smaller token had some good action that you want to talk to over 150x from when it was bonded. I mean, there's always some gems to pull, which is why again, we follow your guys's research. But my God, what, what a pull this was.
- [51:15]
Brian
Yeah, I, full disclosure, I didn't, I didn't make this call, but I had to put it on the list because it was one of the few meme coins that was like popping off this week. I was like, I have to like dig a little bit deeper into it. So COPE was actually developed, I think it was on, pumped off on, and it was just sitting pretty much idle for 17 months, like, but the dev kept grinding and people who put a couple hundred bucks into maybe a couple thousand, but a couple hundred bucks literally got paid off in six figures because just out of nowhere it bonded and that means it got to a certain level on pump funds. Launchpad and then was released to the open public. Then Crypto Twitter kind of found out and it's a good, it's a good, it's a good ticker cope, you know like and it's a good ticker and anyone that just held that pre bonded easily made six figures. You can see it's. It was straight up for a while. This isn't a recognition to recommendation to buy but I just thought the story was so interesting that some people who just made some sprinkles on Pump Fun are easily in six figures, maybe even millions of dollars.
- [52:20]
TiVo
Wow.
- [52:20]
Brian
This dev just kept grinding on the back end and cope hit I think 15 million market cap. Amazing story. And even when you think those coins are maybe absolutely dead, they can always come back.
- [52:34]
TiVo
Actually that's. We don't even have this on the sheet. I meant to ask you this so this is on me as a producer. I don't mean to put you on the spot but it hasn't since the last time you guys have been on pump. Fun has its launch. It lost a little bit of momentum. We were talking about the bonk was kind of taking over a little bit for launching. But isn't Pumped Out Fun having a little bit of a resurgence?
- [52:53]
Brian
Yeah, it's. It really is. It's. You know it got initially dumped. I think it has like 92% market share. So the chart looks like it's ready to fly. To be honest with you. Market cap is 1.17 billion right now FTBV right around 3.31. So it did take a pretty much of a dump because they airdropped tokens. People sold out. We all knew, we talked about our community. We knew that was gonna happen. Now it's starting to break out again. Doing pretty well. Pumped up fund definitely has the lion's share of opportunity on launchpad. There's another launchpad out there that I like called Light. It's only been out for two weeks. Has 100% revenue buybacks. Pumped up fund does 97% revenue buybacks. So these revenue generating tokens that generate a ton of revenue are buying their token and either putting them in some sort of investment or burning them pending on what platform it is. And that's kind of like a new meta out there. So I like Pump Fun as an opportunity. The Light token is actually a token I really like and liked we talked about within our community. It has got hit pretty hard just because the overall market has gotten hit hard. And everyone needs to understand like when Bitcoin or Ethereum and Solana, these majors are taking 10% haircuts on the week. Meme coins are going to take even bigger haircut because it's A more volatile asset. But when they start to pop off, some of these meme coins absolutely start running like we've never even seen. So it's good and bad at the end of the day, but pumped off fund looks pretty good. They're not going anywhere. They're doing these revenue buybacks. I don't hate it where it's at. And there could be this light token. I don't want to get too into it but I'm like hot and cold about it. If we get a runner meme coin runner on that platform that could take some of pumped up funds market share because it's hard for me to believe that pumped up funds gay continue to carry like a 90 plus plus percent market share as a launch pad. But it, but it is right now.
- [54:55]
TiVo
Dude, again, just amazing. Alpha, let's tee up the final part of the show because we are kind of coming up on time but we'll go a little over. We're gonna go over it because we love the audience. Absolutely ripping rundown today. The chat's been super active again. If you haven't yet, please give it a like and subscribe. Please throw the thumbs up. It really helps us grow the channel. If you haven't, check the logo on the bottom right and subscribe. We really do appreciate it. Here's how we're going to do this. I have two points from our sheet. Brian, I'm going to pull up about NFTs. We're going to talk about those for the chat after you like and subscribe. Drop your question in the chat box. We're going to do a couple questions for Brian and then we're going to wrap up with the polymarket discussion. So it's going to be another 10, 15 minutes. Probably left in the rundown. But get your questions in, toss them in the chat bot chat box. Excuse me. And we're gonna do two more NFT topics. We'll hit the questions and then Poly market. So let's jump into it. Moonbirds. Moonbirds are selling. Brian, as much as you say everybody's taking a haircut as that is true. Looks like moon birds is still staying really strong.
- [55:58]
Brian
Yeah, you know it was interesting. Some guy, whoever, a moonbird maxi, he dumped like 40 moonbirds on the floor. And that could be the death to some projects. You know when someone just floods the floor. But they ate through that sale wall. We are down where we were. I think this was up to like a 3.8 ceiling at 1 point. But they ate through that cell wall and the activity has Been picking up even more and more. I'm actually looking at it right now. We've had multiple sales throughout the 24 hour period. Still a big fan of what Spencer's built with moonbirds. I'm a moonbird holder. I got like a picture back there. I think I talk about every time I'm on this rundown, but I'm a moonbird holder. I think that they have a plan that could be like a pudgy penguin light utilizing their IP getting partnerships. I would not be surprised to see a token drop eventually. And I mean they're not cheap. I mean they're still trading for like 13 to $15,000 per. There's some alternative collections like the Oddities or the Mythics that aren't nearly as much. But there is a 4040 moonbird sell wall got eaten into and like Tyler says, could be some clear skies ahead.
- [57:10]
TiVo
Love that. Yeah, you've been, you've been early and often on the moonbirds. I pulled this up just a minute ago picking my couple favorite that I wanted to touch on. Give me the full breakdown because this looks hilarious. I'm all in on this thing. This is not, not financially, no, not personal financial advice, just. I'm all in on this as a meme. This is hilarious. Nobody sausage. What? What is this? What a piece of artwork.
- [57:39]
Brian
So, so if you're part of the Momentum Money Makers crew, you know, I've been kind of talking about momentum sausage probably too much the past couple weeks. I've been giving people updates on it. It was a call maybe like a month or two ago that right around like 40 million market cap still not like low, but it's picking up steam and it has been. And when I say picking up steam, we've seen Gemini, Binance, OpenSea, Coinbase, some Web2 companies utilize this nobody sausage as a meme coin. I don't think I tagged any of these like nobody sausage. But if you look these major exchanges or major companies are using the meme more and more. If this was January of 2025, this thing would be like a billion dollar market cap. So you, you're. And, and the meme is funny, I gotta be honest. And it, it's amazing. It's a tick tock meme. I'm actually not a huge tick tock guy, but it has over 22 million followers. Has it? So it's, it's. I mean it, it makes me laugh. I'm, I can laugh very easily. But its integration. There, there's Binance right there. Binance us. Oh it's trading live on Binance Us. So they've been using it in their memes like Gemini used it in their meme. So it's a super interesting meme coin. I think it's up. We've seen it go up close to $100 million market cap after our call. And then obviously it retraces a little bit, but I'm not even sure what it's at as of today. It's, yeah, about a $60 million market cap. So still up on when we called it, but just seeing all these companies utilize it, utilize the IP in your, your perfect example TiVo, right? When you saw it, you're like, oh, God, I have to, I have to see. And there's Pudgy Penguins. Like, they're using the Nobody sausage within there in the artists who did Nobody or Nobody Sausage is, like, fully embraced it as well. So we're not going to have, like, some hater come out and, like, start filing lawsuits. He wants the brand to grow. I love, I love it integrating with a lot of these Web3 and Web2 companies. And it's interesting to me. So every week I've been, like, kind of like, cutting out, like, 30 seconds of our newsletter, and I'm like, a little Nobody Sausage update. Because I, I, it's, it's like, it's kind of a strong meme, in my opinion. It checks a lot of boxes for what I'm looking for.
- [60:10]
TiVo
For. Yeah, we got a commenter that says TiVo loves the sausage. I'd be like, yeah, I don't know. I mean, if it's, if it's a nice bratwurst with some onions, I'm not gonna lie. I'm, I'm a big fan. I mean, again, we just went on this Pudgy Penguin rant. I mean, like, Pudgy Penguin tweeting out a video with Nobody Sausage. That's kind of a, you know, I feel like Luke is very involved in everything about Pudgy Penguin. So the fact that they're posting a native video with Nobody Sausage, dare I say, might give a seal of approval of maybe the management and the team behind Nobody Sausage. Would you agree with that, or is that a little too far?
- [60:44]
Brian
Yeah, yeah, I do. What is that right below that? Is that Gemini checking your portfolio in public. Be like. And they, they're utilizing the meme. Yeah, I mean, we got Gemini, one of the largest exchanges in the United States, utilizing the ip. I think, I think it has legs. It's going to grind up and grind down for a While. But it doesn't feel like it's going anywhere in a goat comment from whoever wrote this loves the sausage. It's pretty good. You know, that's like something I would text him and send a picture of this nobody sausage. And that's, that's what we want out of memes. They're fun, they're entertaining, they get cult like communities. There's drawdowns, there's draw. There's pullbacks all the time in meme coins, major corrections. And then they bounce back. And they bounce back more. We have over 12,000 holders of it. It's certainly an interesting. I don't have a lot of exposure to it either, so I'm not like pumping my own bags, but I see it all the time on the timeline and I'm just like, man, there's just something about it that speaks to me. I think it could do well.
- [61:49]
TiVo
Awesome. Let's do some quick hitters from the audience. Let me stop sharing. Our sausage friend will be back. Some quick hitters from the audience here. The first one on Abstract chain, is it connected to Pudgy Penguin? So the question is, is it directly connected to Pudgy Penguin?
- [62:07]
Brian
For sure, for sure. Luca is like heavily involved with it. Yeah, it's. It's direct. It's like the Pudgy Penguin, like blockchain, essentially. So, yeah, it is. I want to, I want to verify what his role is there, but I want to say he's like in the. The founder of it or. But yeah, they're heavily connected.
- [62:27]
TiVo
Yeah, I think. But then to clarify, it's not like if you. Well, abstract doesn't have a token yet. Correct. So you can't go buy abstract as like a token, Brian.
- [62:38]
Brian
There's no token. There's no token. That's the out.
- [62:40]
TiVo
Clarifying for the audience. It's not like, don't go buy. You can't go buy abstract. It's like having a pudgy. It's not the same. But the creator of Pudgy Penguins is also a creator of Abstract on the board or heavily, heavily, heavily involved.
- [62:55]
Brian
Yeah. Creator of abstract. He's heavily involved. He's the one calling all the shots for the TGE event, talking about it in all these interviews. Yeah, there is no abstract token. If you see an abstract token, that's an absolute rug fake token. So that's the alpha, is that you go over there and there's tons of free stuff to do. Like you don't even need money. You need zero dollars to get involved. And if you do Some. If you use money, you can probably get even, but you earn XP points every week and that will correlate to the token drop. The airdrop. I think the airdrop is going to be fire too. I think it's going to be massive and it's a good blockchain. It's a lot of fun. I mean, there's like these certain games over there that become really addicting. I shouted out myriad. As a prediction market, you. You can literally just go there and collect daily points every day and put predictions like, is Taylor Swift going to be pregnant by the year 2026? And you don't even really care if the prediction's right or wrong. If you're not using real money, but you want to show action on the blockchain. And just like Lucas said in that interview. Yeah, just like he said in that interview is like, he's going to reward people there now. So it's time to get over there. Kind of just mess around with the blockchain. And if that's buying meme coins, buying NFTs, if that's just doing free things, there's a lot of ways to get involved. I encourage everyone to choose. Check it out.
- [64:18]
TiVo
I think it's a great point. Then. Last quick question here from Cherelle. With the new possible Doge etf, do you think it will jump up? Can you guesstimate? I. Again, we can't give personal financial advice for you and any Doge or Doge ETFs that you may or may not want to buy. My guess is with these flurry and we're going to have more on this next week with Brendan, because there's just this chart that I found that has all these ETFs, but I'm going to prepare it for next week, so tune in for that. All these ETFs are gonna probably come out pretty quickly. I just think. I think there's going to be a lot of winners, but I don't think everything's gonna fly and have flows. I don't know. I'll give my take, Brian, and I love yours. I. I don't. I don't think Doge is dead by any means. It's the OG Dog coin. It's the original. I just. I don't know. I just think there's so much going on. And I think, again, Pudgy Penguins is. Is changing the game, Lucas, changing the game of being the face of that franchise to drive value for the community and. And Doge is funny as it is in cultural relevance, as it is. I don't think it's going anywhere. But I don't know if some ETF is gonna go live. And then who's buying that etf? Like anybody who wants to buy Dogecoin today, I personally believe in, in my opinion can just go download Robinhood, as easy as it is to go buy Dogecoin. Whereas the ETF is a vehicle for these hedge funds, big time money managers, to go get involved. And I just, I don't see it, dare I say but that, that's my.
- [65:48]
Brian
Take it, it, it's a super good take and I have a love hate relationship with Dogecoin. And with that being said, it's the OG meme coin. There's no denying it. It's super recognizable. We got Elon. That's Elon that pumped it in the past. It's not going. It's a 31 billion dollar market cap. It's huge. Pudgy Penguin, on the other hand is a $1.7 billion market cap. And then there's other coins out there that we talk about, our private community that are in the millions. The move for Dogecoin to go from $31 billion market cap to a 2x to a $60 billion market cap is enormous. You're going to need tons of funds. I think the ETF will be positive. You'll see, you'll see the price go up. People will buy it. I don't think it's going anytime anywhere soon. Personally, I don't buy a ton of Doge because the upside feels like slightly capped for me. It almost feels like too high. I mean it's a $31 billion market cap. There's almost like other altcoins that I'd rather have like an arrow or something where like I would be like I could see this 3 or 4 Xing before I'd ever see Dogecoin. 3 or 4 Xing.
- [66:59]
TiVo
Right.
- [66:59]
Brian
I could see pudgy penguins getting to a 7 billion dollar market cap which would be like a 4x from where it's at before dogecoin, could I even consider a 4x? So I think there's like other like opportunities out there. But you also don't have as much downside with Dogecoin as well because there's like so much money behind it. You're not gonna get as major pullbacks. So the short answer is yes, the ETF will be positive for the coin. Price will more likely go up. The upside personally isn't as attractive compared to some other opportunities out there in the Meme Coin World. If I was going to dedicate some funds to Meme Coins, I'd probably think outside the box a little bit more and I'd just allocate like what I would want to do to dogecoin to like Bitcoin, because, you know, it's, it's like, I like Bitcoin, you know, so that, that's like my thinking of it. At the end of the day, I like it.
- [67:56]
TiVo
I'm on board with it. Last quick one from Alan. How would you buy Pengu again? If you want to buy Pengu, it has to be your own decision, not personal financial advice for you. But if you're interested, I think the easiest way, if I'm missing any, would be just Robinhood. Right? The easiest way, just to download and buy and then Coin. Does Coinbase have it?
- [68:14]
Brian
Binance, Coinbase, Bybit? I believe Gemini has it as well. So you can buy Penguin on all these major exchanges. You can check out CoinMarketCap. When you go to the bottom of CoinMarketCap, it kind of gives a list of exchanges. Also, there's ways, if you get integrated with the Abstract chain, you could swap for it. They have a swapping feature. You can swap for Penguon Abstract. I actually do that weekly. Like, I'll just have like a couple bucks here and there and I'll just like swap like USDC into Penguin, just like 5, 10 bucks to just do something on Abstract to help increase my xp. But yeah, if you want to just buy some Pengu or slowly dollar cost averaging, buy it on Robinhood, buy it on Coinbase. There's, there's a lot of avenues there.
- [69:01]
TiVo
Awesome. That is just absolute alpha from top to bottom of our Meme Coin segment. Thank you, Brian. Again, guys, if we answer your questions and you enjoyed it, I need you to hit the thumbs up. It really helps me as a producer grow the channel. I beg you. We are on the quest for 25,000 subscribers. We are almost there. So please subscribe. Hit the notifications. We're doing this all the time. We love you. Answer questions, we bring you alpha. Like, subscribe. Thank you. And again, if you want more Meme Coin action and you want those deep research reports that are going to give you more information around Abstract, give you those early calls like pudgy penguins. Check the description. It's the first link to get some more information to join Brian and Joe's private community Momentum moneymakers. Now for our last topic. Last topic, but it's a big one. We might have to. We might have to cut this to 10 minutes. We'll put a 10 minute timer on it. We're already at an hour six, but we're gonna go longer for you guys that are still with us. We really appreciate you tuning in. And it's around the prediction market. So let me give a quick rundown here of why we are excited about prediction markets. Guys, the prediction market mind share is there's so many of them. You heard them talk about Polymarket Kalshi, you've seen their AI ads myriad, you've heard Brian talk about it. All these other ones, they're just growing. It's, it's this new fascination on the Internet and it's been non stop since the election. Right. And then now you'll see Kalshee share this tab. Cowshi strategic move to integrate crypto and prediction markets. A fintech crypto hybrid poised for dominance. Interesting article at AI Invest, but Kalshi hires ahead of crypto. And then this week to put another topping on this prediction market Sunday is Donald Trump Jr's VC perm buys into Poly Market. So he bets on polymarket, he invests in Poly Market. He is now a strategic investor. And again what have we told you at this episode? Keep the politics out of this, of this specific person. But the people that are in charge of one of the biggest, you know, the strongest and biggest economy of the world are pro crypto and this crypto administration, they've done more in six, seven months. That's happened in the last 10 years in my opinion. And they're all in on crypto and now you're starting to see them sneak in the back door of the prediction markets. And again you're seeing Cowshi hire a head of crypto. Donald Trump Jr. Is investing in prediction markets. He's also running crypto projects. So like yo, where we're playing hockey, Brian, it's not where the puck is, where's the puck going. And I think that's part of the excitement that me and you both share for prediction markets. So again, kind of just tee the people up of what you're seeing and kind of we can talk about the both that pop culture aspect to it and then lead us into the crypto part of it as we break this all down.
- [71:51]
Brian
Yeah, so like pretty much what I do in this whole crypto space is fall like the momentum where like where the puck's going. I've been in prediction markets well in around the election. I wasn't just like using it to like wager on who the next vice president was going to be actually used as a source of news because people put money where their mouth is. You know, there's a lot of people out there. You know, you always hear like, this person's good. We polled a thousand people. You're like, I never got pulled. But even the New York Times. The New York Times was utilizing polymarket is like, this is the odds for Trump versus Kamala. You were in the New York Times Square and you saw ads for Kalshee and polymarket. Prediction markets are going nowhere. This is coming from a guy that worked Multiple years at DraftKings. Shout out DraftKings. Love the sportsbook and everything they're building over there, but they only have jurisdiction to 21 states for sports betting. Polymarket, which is not. You need a vpn. I know you need a VPN to utilize polymarket right now, but they have. They're launching in the United States. You go on their website, the upper left hand corner. Is this a little American flag? We're coming to soon. They're launching sports betting or sports prediction in all 50 states. I scratch my head because I'm like, wait a minute, DraftKings only has like jurisdiction 26 states. How the heck did they get 50? So kind of digging a little bit deeper into that. So prediction markets where I'm going with this are going nowhere. Tons of people on crypto Twitter are talking about it. It's kind of like the new meta out there. I love it. I think prediction markets. I go over there not even to just like, predict or wager. I go over there to just like, see what's popping off. Like, what are people thinking? You could go everything from sports to. Is the Fed. Go cut the bips rate to. Which is actually an interesting trade because, like, leading right now is 25 bips in September. But, like 50 bips is like gives you. I'm like, it could be 50 bips, you know, but then you could predict in crypto, sports, pop culture, all sorts of stuff. And Kalshi is legal in the United States. So you can go to Kalshi deposit with a credit card bank. This is not an endorsement to do that. But it is legal. But. But it's. It's taking the world by storm. Kalshi is not on the blockchain. It does not use blockchain technology. But I thought that was really interesting that they hired a new head of crypto. We can start to see them migrate over and start to flirt with crypto a lot more. Polymarket utilizes poly Polygon. There have been rumors that they could Do a token eventually. Not calling that out officially, but I would not be surprised. And then Myriads over on Abstract again, Alpha over there, they're probably going to have a token. You go over there, you can do stuff for free and you're going to double farm Myriad and Abstract. Really cool sites. I love going over there. I think it's a complete new meta I want to talk about Poly Market, I want to talk about for two hours, to be completely honest with you, because I go deep into that rabbit hole.
- [74:53]
TiVo
Yeah. And I think when we're talking about big events like the election or rate cuts, there's, there's a key because you can go on these sites and you can find kind of action on anything. And the more niche you go, the less market cap, less betting, the less pool of wagers there are. And so the smaller the pool or the more abstract idea that you're betting on, you got to be a little careful because, you know, how do these bets get closed out? If this idea is very, you know, pun intended, I guess abstract. The. When you, when you start to kind of, what you said, when people are putting money where their mouth is, that's why the election one was so important because, I mean, we were talking about hundreds of millions, if not billions of dollars of total that were, that were bet on in these prediction markets, you know, if you pulled them all together. And so that can kind of again get you to, to, to feel like, hey, where this is what people really think is going to happen. Compared to some poll from Umich that pulls, you know, the same, you know, 150 people every year. It's like, it's, it's a new world. And I think that it pairs. And that's, that's, that's my point is it's a new world. And that's what pairs so well with crypto is like, okay, the traditional finance system. And again, we've seen crypto kind of be this underdog and, you know, black sheep for so long, and now look, crypto and tradfi are literally walking step and step together in my opinion today, compared to five, 10 years ago. And so with this prediction market when it first came out, it's not legal in the United States. We can't do it. We're using VPNs now. Cow, I told you I got some action on Kalshi this week for who's going to be the next, the, the next Federal Reserve chair. Yeah, yeah, I put some action on it. I was like, why not? And then people forget. But Robin Hood has, has a full predictions market. They don't have as many options as Kalshi, but they did the full, they did the Super Bowl. I put some action on the Super Bowl. I did college basketball, the March Madness tournament. So huge competition for DraftKings and FanDuel because I as a sports better you as well went shopping around for odds. You know, some sportsbook off offer better odds. And so you know you can shop around and find the best and some of the better odds were actually on the prediction markets. And you know there's many ways to do it. You can gamble, you can try to find kind of alpha, you can try to hedge. Like I'm looking at the prediction markets for fed cut in September, 80% cut, 25 bips and then 20% no cut. So everybody thinks there's a cut. Now you know, you could hedge in many different ways, right? You could sell calls, you could buy volatility. But you know, you got to do your own research and do your own numbers. But maybe you want to buy, buy this contract that the Fed's not going to do anything and that's not even what you necessarily believe. But you're going to hedge it because you know you can do 20 cents on the dollar, you can turn 20 cents into a dollar and then that could be your hedge because you know if he doesn't cut, the market's going to react to the downside. So that would be your hedge. So there's, there's a lot of different ways here and there's a lot of fun stuff too. I know that the poly market trader made 50k betting on the Taylor Swift engagement. I've yet to see that if this was Jason Kelce, Travis's brother, who put this back bet on. But there's a, there's a lot of stuff that again, as crypto traders and as people who are on the forefront of I think being a crypto trader and a crypto believer means that you're on the forefront of technology. And I think that this is a technology, these betting markets that are only going to grow and that are only going to get bigger. And so, you know, it's something that we're going to be watching for you and you know, if it's something that people like drop it in the comments whether It's Spotify or YouTube. If you guys want more information around prediction markets, me and Brian can try and you know, push for that and do some more, more information on it. But Brian, what's the number one thing that you might be Looking for either today that's available or in the future that that would be more tied to crypto for, for Alpha.
- [78:45]
Brian
What's juicy right now? You talked about the Fed decision in September. 50 bips. If you put 20 bucks on that, you win $444. I know, it's like, I don't know if we're gonna get that, but there's some real interesting opportunities there. And there's arbitrage opportunities. Like you were saying that these markets, the prediction markets, do not react nearly as quick as the options trading and things along those lines. So you can, you can. For an example, when Powell was giving a speech in Jackson Hole and the price of bitcoin started running up, you could have ran over to a lot of these prediction markets and put a wager on the bitcoin price going up over 111, 112,000. Because it did not react, it only moves with more money flowing in. So there's like, if you're on top of it, you can make some serious money in arbitrage. I haven't personally done it, but like, I was kind of kicking myself when I was watching the Power Street Live and I was like. And I went over to Polymarket, I was like, wait, is this like broken? And then, you know, like 15 minutes later it adjusted. But I have like a 15 minute window there to really get some arbitrage. And again, even if you're not wagering, you can just have some fun on a lot of these things to see where, like Taylor Swift pregnant in 2020, it's a 13% chance. I don't know, maybe that's why they got engaged. TiVo. There is a real world there that that's like, seems underpriced. 100 bucks wins you 800. It's paying eight to one. I'm not telling anybody to do that. But there's some really interesting opportunities for everyone. And there's something for everyone. Like, no joke. I was telling my mom about Polymarket because she's like, what do you do for work? Like, she thinks I work for bitcoin. I was like, I was like telling her about prediction sites and she's like, let me do it. She's like trying to show me her iPad and she saw the Ukraine, Russia, ceasefire, and she's not the biggest Donald Trump fan. So she's like, there's no way that's happening, you know, and she's like messing with it and like calling out different political events on there. And then I talked to her a couple days ago. She's like, I go to the website every day to just see what's happening. I go, yeah, it's, it's an interesting website. The alpha is, I'm just gonna go back, is that you can do a lot of things like on Myriad, if you're in the United States, you can do the points and just get some xp, get some opportunities to farm over there. Kalshi is super interesting. I think it's gonna be an. I think it's already a new meta. I think a lot of meme coin traders are floating over to the prediction websites because there's, there's a slight edge over here in a lot of ways. So especially when you're on top of your certain sector, if that's politics, sports, crypto, tech, whatever it is, I just love kind of peeling through it every single day. And you know, that's what I have to say about that.
- [81:38]
TiVo
Yeah, I agree with you. It's, there's alpha there for many different things, especially if you're somebody that is attuned to the news and you're getting the alerts and I know a lot of our listeners aren't those people because that's why they come to us. Right? We come to inform them. So, you know, again, it's probably something that's definitely not for everybody but overall it can be a tool in your toolkit to again plan your trades, trade your plans and, and kind of add it to the toolkit of how you look at the investing world or just the world in general for information. Like your mom said, the news flow is interesting there where again you're, you're seeing where people are putting money to their opinions, not just shouting them out on many different, you know, social medias and news channels and all. But that's going to wrap us up. I think we just set the record for the biggest, longest rundown. So guys, if you enjoyed Brian again, one final call for all the in people interested in getting the alpha around. Abstract chain Pudgy penguins and all the meme coins NFTs the Momentum Money makers link is in the description. It's the first one. Check it out for Brian and Joe and then for us, if you enjoyed this episode, you enjoy the free content. I just ask you one final time, give us a thumbs up. It helps us grow the channel. Channel. Please subscribe. We have tons of free content. We're going to have a bunch more next week. We do have Labor Day on Monday, like I said last show, so we're not going to be here Monday. But we'll see what happens over the weekend. Maybe we bring Brian and Joe back next week. We'll definitely have one with Brendan. You know check our Twitter and YouTube community to post when and see when the lives are going to be. We really, we really appreciate you guys joining us this Friday afternoon and I hope you you all have a great weekend. Enjoy your Labor Day and we'll see you next week. If you're alignment in charge of keeping the lights on, Grainger understands that you go to great lengths and sometimes heights to ensure the power is always flowing. Which is why you can count on Grainger for professional grade products and next day delivery. So you have everything you need to get the job done. Call 1-800-GRAINGER clickgrainger.com or just stop by Grainger for the ones who get it done.
- [83:57]
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