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CRYPTO 101
Meme Coin Mania: Top Meme Coin Trade Updates & How Insitutions are Ready for Altcoins
01:09:57
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Foreign.
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B
Everybody. Welcome back to another special edition of the crypto rundown. Taking off the producer hat, putting on the hosting hat. It's your host TiVo, along with Brian. And you know, when we bring Brian in, it is a special day. It's usually a Friday, which always gets us jacked up going into the weekend. And we are going to be deep diving into all the top meme coin trades. Where's the best alpha in the meme coin markets? We're putting on the hard hats. We're hitting the trenches with Brian to dive us into the meme coins. Brian's with us again earlier this week. If you've missed it, we had a great interview this week. We had two rundowns with Brendan. We did technical analysis. We talked a lot about the macro, we talked a lot about the Federal Reserve meeting next week, which we will touch on here because we want to hear Brian's thoughts. And then we'll dive into some poly market stuff which we usually like to do with Brian just to kind of see where the betting odds are and all that. But again, if you missed anything with Brendan earlier in the week, there's two awesome rundowns. You want to go back and get that for just your, you know, Brendan does the technical analysis, Brian's the meme coin guy. So again, more macro stuff, more crypto specific technical analysis in the first two episodes. But Brian's here today to dive into these meme coins. Brian, welcome back. How are you, my friend?
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A
Yeah, doing great. And I lur, I lurk in those rundowns quite a bit. So I highly recommend anybody jumping in. I've been contributing as much as I can, but Brendan's a TA God. So I learned a ton from you and him and absolutely love it, but you guys crush it. I'm doing great, man. I'm happy it's Friday.
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B
Yeah, I mean, I don't know if I can take any credit to take any credit to educating other than giving, you know, some spicy takes. I'm the vibes guy. I'm, I'm the self proclaimed vibes guy. And, and overall we definitely feel like this is kind of a spot in the market. I know in your, in your space, like the, the meme coin market, there's always alpha defined. I know that. You know, you've had great winners. Just kind of a little teaser here. You know, the last time we talked you brought up a coin. I'm not going to mention it because it's so funny. Anybody that. Well, we got a primary URL problem on Our thing. Let's see. Primary ingestion. Hopefully the live stream's working, guys, if it's not, C.J. is in there. He's saying it works, so should be good.
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Cool.
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Sorry, threw me off there. But basically, yeah, we love cj. So basically, you know, when, when we're kind of in that stagnant, we're waiting for this big macro event to happen with the Fed. A lot of people call it a clearing event. After a clearing event, the market can go higher, it can go lower. If anybody tells you they know exactly what's going to happen, they're lying to you. But for, in the sense of meme coins, it's. They're. There's always stuff to be found, there's always alpha to be found. So, Brian, let's just set the table with everybody. We want to hear your macro view too. We're going into Fed week. You know, what's your thoughts on, you know, the bitcoin? I know last time you're on we did Ethereum flows and Solana flows and we're going to touch on that kind of first before we deep, deep dive into the meme stuff. But give the, give the viewers your kind of layout of, of the macro view.
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A
Yeah, I mean, typically we always talk about this. The month of September is Redvember or Red September for a reason. It's usually a slow month of trading. It's a good time to really buy in because October going into November, when everyone's sitting around with grandma at Thanksgiving and telling her that she needs to buy bitcoin, we run pretty hard. My personal thoughts are this fall is going to be great for the macros for crypto overall. That's all of these sectors. I think we're still in the thick of it right now, but recently we're going to get into it with some of these links that we have to talk about. September is looking pretty strong in comparison to really where I thought it was going to go. We took a couple week, A couple weeks there that we took a step back. But you know, I mean, bitcoin still trading 110k. I think it's 115 today. Solana is absolutely melting faces out there. ETF inflows are looking good. I'm an absolute permeable. I think this is going to be. I think this is going to be, if we're calling it a cycle, I think this is going to be a really special cycle, a longer cycle and I'm booed up, man. Fidelity, I think it's on here. Fidelity was calling like a billion dollar bitcoin in the year 2038 something ridiculous. I mean you can't find enough bullish headlines.
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B
It is funny to see all those, you know, old guards start listing their price targets. But I guess Fidelity isn't the worst of them. It would be JP Morgan. When they come out and start when Jamie Dimon's saying like I can't wait and I'm super exc excited for one million dollar bitcoin, that's when that, that's when I'll be the most interested of being like ah, didn't know. Didn't know you really, really thought that way. I agree with you. I think we. It's so funny you said permeable. I think I wrapped up the show last week just being like. And we all understand and know listen, hand up Brendan and I are the biggest perma bulls you're gonna find. So we'll just add Brian to the list. But along with the macro it is, it's really easy to see just kind of the momentum and I think I've harped on this a lot in the past shows of again the price actions has a lot of momentum obviously the industry itself and how it's grown from all these tradfi people like you said, Fidelity, Goldman Sachs, you know, JP More. Everybody wants to build on the blockchain. They want to use stable coins. And again there's, there's just the appetite enough for these crypto IPOs, which is stuff that I've hammered home. I think Gemini is trading, it's going live today. I believe it priced at 28 a share. I think so. I think it was about 20 above which has been like kind of the standard start for a lot of these, you know, IPOs. And then again, you know, the, the earlier ones, a lot of them have ripped out of the gate. It might start trading possibly while we're live. I think it's between like the 1 to 2 window. So if it does all we could do some breaking news. My personal take on that one is I think it's you know, the Winklevoss twins, Gemini, great exchange. But I don't think you're going to see that. I don't think you're going to see that radical like hockey stick type thing because I just think the crypto IPOs not, not that there's not hunger for them clearly because it priced 20 above. You know, it's asking. But I don't think you're going to see that circle like you know, 800%, you know in a 10 days, but kind of I'm leading us into our first clip because I, I, we played something, we played something the other day. It was the SEC saying, the SEC chair saying that crypto's time has come. And then yesterday I saw a clip of Mike Novogratz from, from Galaxy basically commenting on, you know, the same thing, how the SEC just loves crypto, wants crypto. And the quote was the SEC is radical for crypto. So let's take a look at Mike Novogratz. Anytime this guy speaks, people listen. And we actually had Galaxy, Jason Urban, their head of trading on the show a couple weeks ago. So let's hear what Mike had to say.
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I think probably we have another big surge up towards the end of the.
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Year.
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In bitcoin as the Fed starts the cutting cycle. And this kind of crypto idea just keeps gaining momentum. It's interesting, the SEC chair about two weeks ago, Paul Atkinson said he wants all markets to move on chain. That is such a radical departure from where we were and it's a radical statement. And that wasn't a one off speech. We continue every couple days there's another comment that's pushing things in the right direction. You saw nasdaq's announcement yesterday. I've been saying for, I don't know.
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Years.
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This blockchain revolution really had just been bitcoin as a store of value and then stablecoins as cross border payments. And what had held us back was blockchains being fast enough, safe enough, secure enough and trusted enough. And more importantly, a regulatory framework that allowed people to experiment. And so now we have both.
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The.
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Regulatory framework that's allowing people to experiment. That sounds like altcoin season to me. Brian. I'll say, I'll say this, I know we've talked about this topic a lot, so I, I really just want to hear, hear your thoughts. But the red carpet's there and I think there's this kind of thought process of where, you know, James Safe are tweeted, we pulled it up on the last show. There's like 90 crypto ETFs just waiting, just waiting. The applications are just waiting and people are saying, oh, it shouldn't be taking this long. Some of these should be getting approved. And again there's probably some that would be easily approved and some that might, you know, your Pengu or Trump ETFs of the world might take a little bit more thought around it. But my take, my take was this, it was, it was, it was a twofold. Number one, they're just getting exactly what Mike said. They're getting the Runway ready. So when it's, when it's go time, I mean it's a clean flush, it's a go for everything. And I guess there's some things that might not make the cut depending on what the regulations are. But they're just figuring out everything and they're kind of backlogging the process until they figure this out. And then Brian, if you want, Brian, if you want, we can get out the tinfoil, wrap it up, little tinfoil hat. And just being like, hey, we can't rush this. The institutions aren't ready. The old guards aren't ready to start allocating to crypto and start especially altcoins. And they're way behind. And that's kind of my theory with the, you know, the JP Morgan's and the Goldman Sachs when they come out and they're just like, oh yeah, totally, you know, love blockchain. Don't like bitcoin, but love blockchain technology. The future. Yeah, yeah, yeah, no, we're building on it for sure, for sure. Again, we won't know until I guess five, you know, whatever years out. But you know, who has been building and who's, who's building the right things to use and leverage this technology and who's kind of, you know, kind of got caught, kind of caught stealing if you will, of, you know, they're behind the eight ball, the timing of it. So just, just what are your thoughts on Mike's clip there? The SEC is radical for crypto, you know, overall and then specifically for, for the meme coin market. It would be interesting because like, like Mike said he's looking for experimentation.
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A
Yeah, I, I think we're going to see a slew of different ETFs that come out. I think today it was delayed by a day. Doge ETF got released. So we're gonna see more interesting ETFs get released. In my opinion, the timing factor of that because you don't really want them to like cannibalize each other either because there's so much like flow going into Bitcoin and then Ethereum's catching a bid. I'm pretty sure that everybody believes that Solana is gonna catch an etf and that's gonna be very bullish for Solana and that looks great. But I also strongly believe Penguin will have an ETF eventually. The timing of it, I have no idea if I, if I could time that, you know, I'd be a multibillionaire with Mike Novo and yacht racing. But it's just a super interesting time to be involved. We talk about it all the time, pro administration. Oh, you said something there that the, a lot of people like JP Morgan's like, we love blockchain technology but we're not a big believer in bitcoin. Well, no, I was going to swear there. No, no, duh. It's like asking like a New York City taxi driver what they think of Uber. You know, it's like they thought forever that the taxi system was going to be forever. The medallions gave it worth so much. Now they absolutely hate Uber. It's faster, safer, cheaper. So I think everybody's going to come around. We're seeing it more and more every single day, every, every week we wake up. It doesn't matter what the price is. There's just more bullish things happening. And one thing that's for sure is even though it's a red month in September, typically we see positive inflows with the ETFs. I guess the bankers didn't get the memo that we're supposed to be down in September because they're still buying. We're flowing, positive.
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B
Yeah, I, my kind of, my take, just to give it to you, a lot of listeners probably have heard it is it's kind of like the most hated rally. So when you have the volatility that we had earlier in the year around this Liberation Day and tariffs and all that, you know, people make decisions and, and if you sold, if you sold out of that, for whatever reason you might have needed to, you might have thought the world was ending, you might have thought the capital market structure wasn't going to hold up. But if you sold then, and then you, you really didn't buy back. You've just watched one of the fastest face ripping V shaped recoveries in history. And it doesn't matter whether you're talking about the nasdaq, the S P, the Dow, Bitcoin, you know, whatever, it was just, it was a V shape face ripping rally. And so what the kind of, the thought process behind that is it being the most hated rally is like these people kind of watched it go up 5%. They're like, oh well that's, you know, that's just a dead cat bounce. It's going to come back down and probably go lower and then it goes up 8, 10 and they're just like, well this is, you know, this is, you know, it's just, it's not, it's not going to stay up. I mean this is crazy. And then they don't buy and then it goes up 15, 20, yada, yada. And they're just, they're just watching and they're. And now they're angry because, you know, number one, you know they're wrong. So when you're wrong, you know, you either got to reassess and change your game plan, but I just think a lot of people, you know, it sucks to be wrong. But what sucks more is when you're wrong and you're not digesting the new information and trying to change your views and opinions with the education of what's actually happening. And it feels like this was such a unique year in the, in the capital markets across the board, just because there is such a mix of just volatility. But it was kind of like political, like people were. It felt like people were making a lot of investment decisions kind of based on their politics too. And when you live in those, you know, again, we don't want to go down that road. But like, there's certain things that, that seem to be creeping into decision making in the capital markets that have left a lot of people on the sidelines and they're very, very angry. And so that kind of creates that kind of thought where, you know, these, these dips are being bought very fast and so seasonably, like, oh, August is going to fall off the table. September, we're going to fall off the table. It's like, you know, there's dips, there's always volatility, there's always pullbacks, but they're pretty shallow overall. So I'll pull up coin market cap for us and just, you know, dealer's choice. Brian, take us where you think you want to go. We, we touched on how, like, you know, you see the fear and greed did index is 50. We touched on how a couple weeks ago, we just, we just, we kissed it. We kissed.
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Fear.
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It got me excited. I was like, oh, man, I can't believe we just kissed. Bitcoin Fear greed index. And we were like, at like a hundred. And I think it was like 100, $910,000. The Altcoin Index is just slowly dancing along the line, going higher. So, you know, this is, this is your world, man. Tell us where you want to go and give some knowledge to the people. Have you ever wanted to trade bitcoin but haven't Dared tried? With Plus500 futures, you can trade crypto without the hassle of opening a wallet. With just a few clicks, you can register and start practicing with their free and unlimited demo. See a trading opportunity. You'll be able to trade in just two clicks. Feel ready? You can move to real money with as little as $100 once your account is approved. And the great thing is that in addition to crypto, Plus500 gives you access to a wide range of instruments like the S&P 500, NASDAQ, gas, and much more. Explore equity indices like Energy, Metals, Forex and beyond. With a simple and intuitive platform, you can trade anytime, anywhere. Experience the fast accessible futures trading you've been waiting for with +500. With over 20 years of experience, +500 is your gateway to the markets. Visit us. +500.com to learn more. Trading in futures involves risk of loss and is not suitable for everyone. Not all applicants will qualify and this is not personal financial advice. Plus 500 it's trading with a plus. All right. Crypto 101 fam after a long day of podcasting and trading these markets, you know I need a good night's sleep. And comfort is personal for me. It's a mattress that's soft enough to sink into at the end of a long day, but supportive enough to keep my back happy in the morning. That's exactly what I get with the Avocado Green Mattress Eco Organic Mattress. It's their most affordable certified organic mattress without compromise. Medium firm with a plush organic latex and up to 1,000 steel coils that reduce motion transfer and keep your spine aligned. Every night I get world class back support that feels just as good getting in as it does getting out, which we all know as we get older. Getting out of bed sometimes is the hardest part of the day if you don't get a good night's sleep and your back hurts. And guys, here's the kicker. Avocado owns their own springs, wool and latex supplies, so they cut out the middleman and pass on the savings to you. You get premium certified organic quality without the premium price tag. Head to avocadogreenmattress.com and save up to 20% on Avocado's Certified Organic Mattress. That's avocadogreenmass.com for 20% off. Avocado Dream of Better I'm no tech genius, but I knew if I wanted my business to crush it, I needed a website. Now, thankfully, bluehost made it easy. I customized, optimized and monetized everything exactly how I wanted with AI. In minutes my site was up. I couldn't believe it. The search engine tools even helped me get more site visitors. Whatever Your passion project is you can set it up with bluehost with their 30 day money back guarantee. What do you got to lose? Head to Bluehost.com. that's B L U E H O S T.com to start now.
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Yeah, I mean things are looking good. Bitcoin 115. We're closing at 116. We're up on the week again for a month. That's notoriously known to being red. The bankers didn't get the memo and they're buying it up. That's, that's the long and short of it. We got Bitcoin, we got Ethereum. I mean Ethereum looks great at 4600 closing in. I don't think that trade's over by any means. I still think our boy Tom Lee got to give him a shout out pretty much every call. It has a lot more ammo to fire. There's a lot more interest in Ethereum I think as to grow. But I mean the darling of this dance right now is Solana. What's it probably about 25, 15% off its all time high which a lot of people were saying we'd never get back back to it sitting close to 240 baby, I, I absolutely love makes. I'm, I'm getting booed up on Solana. Everyone listen, listen, listen.
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B
There's a, there's a friend of mine out there. He might be listening now. His name's Grant. Nobody's more excited looking at this Solana chant chart than Grant. Grant has been hounding me. When Solana, when not W H e n W e n when Solana tivo tell me. And I told him just like I've told the listeners. We've been talking about this for about six plus weeks now. How Ethereum was the bell of the ball. The girl you want to take to the dance, the girl you want to go to prom with. And now it's like, okay, again, Ethereum is not falling out of bed by any means but Solana has taken that baton in the last month. So let's trim this down to a month, right? One month, 20%. One month for Ethereum. I mean we can, let's just get the listeners the facts they deserve. I think it's like 5%. Am I wrong there? Oh shit. Excuse me. Down three. So there you go. So Solana last month up, up 20%. Ethereum, you know, down, down 2%. You know, I mean Ethereum can do that in a day but then again for the year, up 100 and then obviously if you go and buy that dip there, I mean that was one heck of a run. The Bryce Paul bottom right here at about 1500. The legendary tweet from our fearless leader, Bryce Paul. So I know, I know you're, you're super excited about the Solana action because that does as much as people think, like, oh, I thought Brian was the meme coin guy. He's in the trenches. He's in the trenches. It's like, well, the Solana action has a lot to do with that. Is that part of why you're so excited?
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A
Yeah, I mean, I guess the meme coin sector as well, like you really need to understand like the majors in the ETF inflows if you're in the meme coin world, it's like another, I mean I really need to understand what's going on in the macro markets to even want to speculate in a lot of these meme coins. So I follow the majors very closely. I urge our community, I urge our listeners a lot of the time, again, no financial advice, but my advice to myself, I should say is I have a substantial bag of a lot of these majors that I park on a park in safety and I'm not going to move it until we hit some serious all time highs. And I think bitcoin a thing, Ethereum, Solana are three of the strongest. I don't believe that one blockchain is going to surpass all. I think there's a world where all of these can thrive and do well like bitcoin. If you call that the limo. I'm not, I'm not going to take a limousine to Starbucks. You know, there's a lot of different ways these blockchains are going to be utilized. And Solana obviously this year especially, I mean you could talk Deepin, they do a lot of great things. But meme coins have really driven a lot of interest in the Solana. It's super fast, super cheap and now we haven't even seen an ETF with Solana. That's what's so interesting to me. Thibaut. I think a lot of this price move in here recently is these DATs. Digital asset treasuries are buying hundreds of millions of dollars of Solana. They're putting it on their books and we saw what that did with Bitcoin and Ethereum and these guys are, these are smart people. The DAPP trade could, they could run, run its course, but I don't think that's over anytime soon. But then when the ETF for Solana gets approved, there's going to be continuous pressure on buys. It's, it's going to continue to grind up. So I, I'm just a big fan of Solana for a lot of different reasons. But yeah, it is connected to the meme coin world pretty closely. And meme coins aren't going anywhere anytime soon as well. They're such culture or social talking points in coins. Sure, there's washouts, we need to get rid of the rugs and, but there is a very interesting thing taking place in the meme coin world where you can still do very, very well trading meme coins and having fun. But the majority of your portfolio should be in the majors, in my opinion, because you don't want to have 90% of your portfolio in meme coins in NFTs. And I love those. I think you can crush with them. But then just watch Bitcoin, Ethereum and Solana just absolutely melt faces. You want to have a nice balanced portfolio so you're not sweating every second of a one minute chart.
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B
Yeah, no, couldn't agree more. The way, the way I, the way I kind of do it personally again, couldn't be financial advice for anybody. Just two friends talking. Crypto is the way the game I like to play. The game is like you have your, you have your majors, your blue chips, and then you're playing around and you're in Brian and Joe's community and you're getting all that first alert information. You're making your own decisions. But man, you guys have had some winners and we'll talk about some of those later in the show. We gave one out, you know, last time we were here with, you know, I guess we'll, we'll set up a teaser nobody sausage. You pulled up that nobody sausage thing. I started dying laughing. I was like, this is hilarious. And so, you know, I was like, you know, you didn't give me any personal financial advice. Tell me, go buy it. But I, I saw the culture of that. I was like this. Nobody's sausage is hilarious. And so, you know, I went and did it and then sure enough, boom, it's like, what, in a week or two weeks, nobody's sausage was up what, 60, 70%?
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A
Yeah, it did pretty well. I wasn't tracking it as closely. I have a bag of it. So it's had its fair share of volatility like always. But yeah, I think it's close to an all time high here and it has to be one of the strongest Web3 teams around, to be completely honest with you. And we're going to talk about in the meme coin sector, but they signed a pretty big Web2 partnership and you don't sign partnerships like we're going to talk about later in the show without, you know, having something between your ears and knowing exactly what's going on the market. So I was attracted to this. I think we gave the call in our community. It was like 30 or 40 million. 30 million right around there. And there was some volatility, so you could have got in lower, but it was still tens of millions of dollars. And when I started digging into it, I was like, man, this seems super interesting. And I had the same reaction you had when you first saw it. I started laughing about it and then they just continued to produce content. We know how valuable content can be in the world of web3 in a digital world, obviously. And now they're signing big partnerships. So they're kind of the new kid on the block. And I'm, I don't think it's done moving.
- [24:45]
B
Yeah, I mean, you gave it out in the community first and then you brought it to the podcast and again, it was right around, right around this area. So you're looking at, you know, you didn't get the full 80% here in the last month. You could have, you could have gotten all of it. But, you know, I mean, hey, couple weeks, 50, 60% winner. You can't, you know, you can't fault that. Again, we're going to cover the specifics later in the show of a new partnership that nobody saucers has for this weekend. So you're going to want to stick around for that. But again, kind of just what Brian referenced. If you're interested in learning more about Brian and Joe's community where, you know, you're getting these tips, tricks and trades and specifically trade alerts that go out first. Just check the link below, scroll down. I put it there for you guys. There's a link if you're interested to learn more and get more of Brian and Joe every single week. And if not, no worries because they'll be on the the podcast from time to time just like they have been. But sticking with. We'll jump back to. I know that was a little off off topic for me, but that's my fault. Share this tab. Let's jump back to this, this Solana dad. And again, back to Galaxy. Galaxy is, is kind of hopped on the Salana horse again. You have the Michael Sailors and the Bitcoin warriors and then you have Ethereum and Tom Lee and the Bit Mines and the Sharplink gaming. And then you're going to, you know, there are some Salana people as well, friends of ours, Soul Strategies that just started trading public on the NASDAQ this week. We've had them on the pod. I've been in talks with Max Kaplan to get them back on the show so we can get an update from them. So it kind of feels like to me, and I'm going to hand it off to you with this, you know, Ethereum and Bitcoin. They have the ETFs, they're live, they have the Treasuries. They're. They're live. The flywheel spinning, right? Solana hasn't, hasn't gotten that, you know, spot ETF approval yet. So there are treasury companies and my guess there's going to be more and then once the ETFs go live, you know, again, like we've said, these institutions, there's, there's certain rules and regulations where they can't, they might love Salana, but they can't go buy Solana on Coinbase. It's, it's against their charter. They're just not allowed to do it. And so they got to wait for these ETFs to get approved and then ETFs have to start trading for, you know, months basically before they can even get in. So there's still a huge, in my mind, liquidity unlock through the ETFs and then also, you know, the treasuries and the DATs. So, so what, what are you seeing here?
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A
Yeah, it's kind of what we've been saying from the beginning. We got a lot of digital asset Treasuries gobbling up Solana. I don't even know exactly what this Forward or Ford does, but they got 1.65 billion in the pipe of cash and stable coins and a connection with Galaxy. They're, they're buying it up. There's going to be more digital asset Treasuries that are buying it up. And you're hitting the nail on the head that the real, the real move, in my opinion is when we get a Solana etf. I think the price, I think it's starting to get slightly baked in because a lot of us are assuming this is happening and it's why we've seen this nice run up, because people see a little bit higher opportunity with Solana right now than the other majors, but you really can't go wrong. I also think we're hitting an all time high with Bitcoin by like Halloween, like I think we're going to absolutely rip. So I think if that happens, Eth Solana, a lot of these are going to continue to do really well. Well, but it's, it's going to be key once the ETFs actually come. Come about.
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B
Yeah. And then I, I think you're going to start seeing more and more of these treasury companies. So like I know Galaxy Digital is not a, you know, Salana treasury company, but you know, a 530 million dollar purchase is, is quite the nod. And, and that, you know, that team always knows what they're doing in the sense that, you know, they're on the forefront of this stuff. So like, I think that's just a huge vote of confidence for Salana. You threw on here. That black rocks. $60 billion bit Bitcoin ETF success sparks RWA boom. And that RWA boom for the most part is, is kind of geared towards Ethereum and Salana, right?
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A
Yeah, yeah. And this is interesting because they're trying to unlock 24. 7 trading for Bitcoin for ETFs and RWA ETFs. So it's just another piece of news that goes, I mean it's freaking BlackRock. What do they have, $9 trillion in assets? Good old Larry there can move needles as fast as anyone. So it's just really great to see a lot of these major financial institutions absolutely hammering the crypto button. And I think it's a very telling sign. If you have anybody sitting at Thanksgiving saying that they don't get it or, or the, the financial system doesn't understand crypto. Well, they're starting to get it right now. Oh actually it's 16 trillion under their umbrella. $16 trillion.
- [29:41]
B
Dude, that's, that's wild. And then, you know, for BlackRock's Bitcoin ETF and all the others, there's still just major inflows. Major, major inflows. Again, even considering the seasonality we're seeing here, another, you know, 552, $2 million in inflows just in one day. 1.9 billions in September. It's, it's something I, I think the cohort of both the Hodlers of regular bitcoin and now the ETF are, are kind of in this boat where it's, it's hard. They're getting strong hands. I mean again, when, when these, when these companies and, sorry, the hedge funds and these, these teams are able to buy bitcoin after this waiting period of seeing how the ETF trades and getting it greenlit to be able to do it. You know, they're buying Bitcoin at 75, 80, 90, 100. Like you're not buying, if you're buying hundreds of millions and billions of dollars of Bitcoin at 100, you're not trying to sell it for a 10% gain. Right? These are long, these are long term buys and long term lockups. And then, you know, you kind of counter it with. And we cover this as well. We cover both sides. Like when, when these old wallets wake up of these old ancient whales that, you know, bought, you know, thousands of Bitcoin at $5 a piece and they start selling, like, we'll let you know. And so, you know, especially when that grayscale ETF got converted, that was a, with their, with their fees and all that, that was a huge outflow thing that we were monitoring that we saw. But it kind of, it just kind of feels like one of those moments where, you know, if you're holding above this 100 to 110 level and, and you're getting these sellers out of the way, like the next, the next rip could be, could be violent to the upside in the sense that, you know, a hundred is a huge, huge psychological level. There's a lot of people, especially the old ancient whales, that, that it's just like, hey, what else can you do? You know, if you're buying something at a hundred, a thousand and it goes up a hundred, you know, a hundred thousand, it's like it's, it's time to take chips off the table. So I totally understand that. But once you clear that selling pressure out, there's this new cohort that's been buying bitcoin at massive levels between call it 75 and 110. And I don't know, it just feels like a long term hold.
- [32:02]
A
Yeah, we're finding higher lows and that's being pretty much established. I mean, when we first passed 100,000 Bitcoin, I think pretty much everyone kind of knew that we were going to probably dip below it eventually because we're going to get some sell pressure. But then when we pass it again, I don't think unless we have some black swan event that we will see bitcoin under a hundred thousand.
- [32:25]
B
Yeah, I agree with you. It's a black swan or unforeseen economic reasons. But yeah, unless it kind of goes to the fact when you do the research and you have your core beliefs in something, it's like you have your price levels and there's certain buy Zones that if you hit. If they hit. And your thesis hasn't changed, it's. It's. That's where you do the buying. So again, you gotta plan your trades and trade your plan. And that's what we're here to do and help educate you. We've got a lot of awesome people in the chat today. We'll just take a quick pause and shout. Everybody out. One vision transition. Baylor bear, the OGs, they were in here early getting the noise going. Noah Blue, welcome back. Cje. He knows this. We couldn't do it without you. CJ E. We've got Adam, We've got DJ Camo from Florida. DJ Camo. What's going on? DJ Camo. What's up with xrp? Been seeing lots of talks on this. DJ Camo. We love xrp. We love the XRP army. It's not something that I personally am a fan of just for certain kind of the tokenomics around it and how, you know, that kind of the centralization of the token. But you know, there's money to be made there when that token goes up. A lot of people love it. Brian, any thoughts on xrp? Me and Brendan kick around XRP a lot. I'm not sure if I've ever gotten your. Your true thoughts on it.
- [33:46]
A
Yeah, I don't. I don't want to get the XRP army all over me. You know, they'll be, they. They can be brutal. I mean, there's gonna probably be an XRP etf. The price just has been going up. Only I have zero exposure to it because you said, I think it's centralized. It's. The tokenomics of it aren't super attractive to me, and I just would rather kind of place my butt somewhere else. But like anybody, I have close friends that have xrp and I'm not telling them to sell it. I'm just like, hey, that's just not one that I'm personally involved in that much. And, you know, I, I don't. I don't want to talk too much crap on it because it's like, we love XP Army. We love it. The Tokenomics is just funky, that's all. But there's going to be an etf and it's. I think it's like over three bucks, so hats off. Maybe I get a little salty too, because so low so many times.
- [34:41]
B
Yeah, there's nothing worse than explaining to a friend. You know, a perfect example could be DJ Camo. It's like, you know, a close friend who, you know, knows that you're in crypto and you're excited to talk to about them about all this alpha and, you know, the Solana and the memes and, you know, some good altcoin plays that you have and they just ask about XRP because they don't know any better. And so you just, you just kind of have to educate your friend and be like, hey, listen, Camo, I know that you don't really know anything about this space. I want to educate you. But, you know, everybody that doesn't know much just jumps right into xrp and we got to educate you and we got to get you to listen to the Crypto 101 podcast, like, subscribe and tune in. And what will help educate you and get you, you know, the worldly view of the crypto markets. And again, hey, if you bought XRP at the right time, especially recently, you're up big. So congratulations to them. Big.
- [35:29]
A
Yeah, it's probably gonna still go up too. So it's, you know, I buy meme coins as well. I buy meme coins on vibes and so I absolutely get it, but personally, I'm not deep into xrp.
- [35:41]
B
Yeah. Quick question from Noah Blue. Is Pengu a beta to ETH because the NFTs or a beta is a Solana because of the token. Any thoughts on that?
- [35:53]
A
That's a good question. It's found on the Solana blockchain. Is it a beta? I mean, if Solana goes up, I would imagine Pengu's gonna continue to grind up as well. I think that's super interesting. I think Pengu is kind of carving itself out to being one of the premier meme coins. Kind of what I look at. It is like Doge. Like meaning like Doge is like the OG meme coin. What? Absolutely ridiculous. Market cap. Let me see what Doge's market cap it is right now. $41 billion market cap. Not to say Penguin is going to get there, but that's kind of where I have my sights as one of these top trading meme coins of all time. But they're such an interesting content coin. I think it's an not financial advice. Don't want to get in trouble. But I think it's an absolute beautiful position right now. Everything that they're rolling out, I continuously dollar cost average in on it. And I do believe that they will get some sort of like ETF approval. I really do.
- [36:55]
B
Yeah, I do too. I just think like, Luka will do whatever's needed. Like he will literally walk to D.C. to get a Penguin ETF to the finish line if needed. And that, that's like, that's the reason that I think you want to be a part of this show and specifically your guys community. You guys were all over Pudgy Penguin from the jump from and it gave, it gave me the confidence to go in and when that token fell off a cliff, I stepped in there and got in and dude, we're, we're riding high. We're having a, we're having a great time on some Pengu thanks to Brian and Joe.
- [37:33]
A
But it's a $2 billion market cap. I mean there's Dogecoin 41 billion. I mean I get, I get the. In sheep is 8 billion. Like, who the heck has sheep still?
- [37:48]
B
I don't know, man.
- [37:49]
A
Yeah, they do a lot. They do a lot.
- [37:51]
B
But they, they do, but not like pudgy. We'll cover that. We'll cover that later in the show. But just wanted to like, we're kind of at the halfway point here. Just wanted to thank everybody. Took a couple questions. Thank you guys. In the chat, the checks were really, really active. If you could, if you do me a favor, just give this video a like, it really helps us grow the channel. And then on the bottom right, you'll see our logo. Give it a click. Hit subscribe. If you're on the desktop version, hit subscribe. Turn on the bell. So you guys know when we drop all our videos, we're doing multiple things a week. You know, interviews and rundowns a week, plus all our tutorials. We really, really appreciate you guys tuning in, listening and, and everybody in the live. Thank you so much for spending your Friday afternoon with us. But please, please, please toss it a like because it really helps us. Let's close out the macro stuff before we dive into the trenches.
- [38:36]
D
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- [39:36]
B
You said it earlier, Fidelity. Bitcoin may be worth 1 billion by 20. 2038. One bitcoin. I don't. That seems.
- [39:45]
A
I mean, we're.
- [39:46]
B
We're the perma bulls. I'd pump the brakes. Fidelity. What's going on over there?
- [39:50]
A
It seems a little clickbaity, but like, hey, I'm not saying no. I'll. I will legit. Like anybody in the crypto101 community, if that happens, I'll pick you up on the private, private jet and we'll go on our yacht. Yeah, that actually happens.
- [40:04]
B
Yeah, yeah, yeah. I think, I think there's so many kind of like what we were saying with Solana, like, there's. There's still that next layer. It's like, okay, you have the ETFs, okay, you have the treasury companies. What's next? What's next? What's next? It's like mass adoption with, with bitcoin. You still, you still have that kind of. You have the next pillars lined up. The ETFs are there. It feels like the 401k stuff is past or coming. I. You see all those headlines all the time. It's hard to even know for us, like, we're trying to figure out exactly what to tell you guys what's 100% real. But you see it pass, like, oh, this passes. So then crypto can be in your 401k. Bitcoin and crypto, but I haven't really seen that rolled out yet, specifically in products. But like, when that happens, that's. That's a percentage of money. That's a huge liquidity unlock. And then we're kind of all keeping up and eyeing up this nation state. Bitcoin strategic reserve, obviously out the gate. You know, in this administration that was, it was kind of a point to. To create it and take everything that we had. And instead of like just having it on the books, we put it into a reserve. We're not going to sell it. And then there was that statement that we'll be looking into possibility of buying new bitcoin on a, you know, budget neutral way. So in some way that can offset the cost of buying new bitcoin. And that, that's the, you know, if you think about the 401ks. And then that obviously is a huge tipping point for like an arms race of accumulating bitcoin in a way. So those are the two things I have that, that can really just moonshot you higher. Whereas Kind of right now it feels like we're going to be grinding higher. Personally, my take, especially just with how big of a market cap bitcoin is, it's hard to move. So I kind of feel like we're in this grinded higher phase. And again, bitcoin can move fast. But still the next, the next kind of like hockey stick approach is going to be more legislation and, and you know that definitely that 401k stuff and I think the, the big, the big white buffalo out there is if the US starts buying bitcoin, that sets a domino effect that I don't think anybody could really quantify.
- [42:16]
A
Yeah, that, that fires us to another level. I mean as long as like gold still trading and not a fan of gold, but it's like 24, 25 trillion dollar market cap and Bitcoin sitting around like a 2 or 3 trillion, we have room to grow, trust me. And especially as this younger generation, even younger than us, TiVo, they're comfortable with digital assets. They're comfortable with everything being digital. They're comfortable with having everything at a finger away on their iPhone or it's just becoming less like I can't hold a bitcoin. That's like someone's holding a bar of gold and going to buy something at Starbucks. Give me a break. But it's, it's definitely close the gap. I mean permeable. I'm a freaking permeable and I should be because it's gonna happen.
- [43:05]
B
Crypto 101 breaking news from the desk of the crypto 101 breaking news desk. Gemini has officially IPO'd out of the gate and up 40%. Congratulations to Gemini on the IPO. The Winklevoss twins. They did it. They, they, they, they, they did it. I mean what a story. Can you imagine being those guys in the sense that number one, it'd be awesome to have all that bitcoin, all that money. But like, kind of like their first intro to to the Masses was via the, the Facebook movie where they definitely were made out to, to be kind of the bad guys and the villains and just an amazing journey of just the visionary and to get involved in bitcoin and still make your own way again. I don't even know about the Facebook stuff of like, you know, what was Hollywood, what was true, what was not. Take that aside. Just obviously super, super successful, super super smart and awesome people. But from a PR perspective, just an absolute 180 and, and now legends in the space and, and, and crushing it. Congratulations to Gemini just begins Trading the quick pop was again 40% up. And, and I said it on the show. I, you can cut the clips, check the tape. I said this thing's gonna go higher out of the gate, but not, not to circle. Kind of like what I said on the show. I don't think this is going to be, I don't think we're tuned in next week and see Gemini up, you know, 2, 300% on the week. But you know, there's a, there's a huge appetite for IPOs in the market which shows people, people want stocks and there's, there's still a huge, huge appetite in Trad 5 for this crypto stuff. What are you thinking, Brian on Gemini?
- [44:44]
A
Hey, yeah, I mean in our private community we talk about like really anything with momentum. It's not just meme coins or NFTs or gaming. Actually just a couple weeks ago, whenever we got the announcement from Robinhood and Gemini was releasing it, Joe and I had a little powwow and I was like, we should give this as like a call. Like people should subscribe to it because we knew just like you said it was gonna go up out of the gate. Now you need to like do your own due diligence and sell when you need to sell. But up 40% is massive. It was like 20x over subscribed, something crazy like that. So we know there's massive demand, but this just goes to show you that there's massive interest and massive demand in anything crypto related And Gemini Winklevoss twins. I got your credit card, 4% cash back. You just made billions. Billions. Let's get those, those are rookie numbers. Let's get that 4% up a little bit. Let's get it up to 8%, 10%. Make me, make me really sweat every purchase on that credit card.
- [45:44]
B
Yeah, I, I like, I like the play. I like the Gemini play. I think that again, it went live so it priced out at 20. Originally it was like 21 to 24 and they priced out at 28. And then the first trade off the jump here was at $40. So 45, 45 percentage gap. They left a little on the table, but that's all right. Did you get any, did you get any? I got, I got a couple shares. I just got notified this right before we went live. I got a, I got a little basket, I got a little basket of Gemini through Robin Hood and their, their, what do you call it, IPO offering. So you know, not much, just, just a true, a true little nibble, little snack. But up 45% on a Friday afternoon. You can't complain. Did you get any?
- [46:30]
A
Yeah, the boys are eating a little bit. I got some, you know, filet and lobster tail for the kids tonight.
- [46:34]
B
Oh, yeah? Yeah.
- [46:36]
A
I, I, I got a small bag of it because I've been, like, getting, like, priced, like, not getting a lot on the Robinhood, so I've been, like, trying to, like, figure out how they do the algorithm. So I actually dialed back my offering compared to some of these past IPOs to just so I could secure some, because I got, like, priced out of some before, right? Yeah, I got a little bag. Nothing crazy. Probably after the show here, I'm gonna have to really, like, sit down and kind of think through if I want to just sell and lock in profits. No one ever went broke taking profits, but I need them to just get those percentages up on the Gemini credit card. I'm a lifer here. Gemini.
- [47:13]
B
I love it. If anybody's interested, Joe actually did a little tutorial for us for how to buy the IPO stocks via Robinhood. So if you're interested in that tutorial, you're already in the right place. If you're on YouTube, just go click. You can check out our playlist, go to Crypto education, and it'll be in that one for the Robinhood IPO tutorial. So let's go. Brian. My God, Brian. We're 45 minutes in. We do the show. All right, let's.
- [47:43]
A
We'll skip talking macro for 45.
- [47:46]
B
Well, we did a little bit everything. I don't know. We had a nobody sausage bit in there. We were talking about Pengu. We were all over the place.
- [47:52]
A
It's Friday.
- [47:53]
B
It's Friday. It's fun. And, dude, the chat is still active. Roger, thanks for the comment. Thinking it'll be about a year before 401k and tirements. Thank you. You. Noah's still in here. Grant's in there. Camo's in there. The boys are buzzing on a Friday. So we really do appreciate everybody sticking around.
- [48:10]
A
I love that.
- [48:12]
B
Let's. Let's just jump into the meme coin stuff. We got to do it. We got to do it. We'll save the rest of the stuff for later in the week. We can recover a couple of that next week with Brendan pump pun. We called this. We. We had you on for the pump this. You know, the initial coin offering. You guys were excited about it, but you're a little worried about it, and it did. It did go live. It didn't do well. Out of the jump. But we did come on here and we talked about. God, I can't remember what was the other competitor to Pump?
- [48:43]
A
There was a couple. Heaven. Bonk.
- [48:47]
B
Yes, Bonk. But then we. You guys did say on the show, you're like, I don't think this. This Pump sell off is too much. Like, it'll come back, it'll have its day. Sure enough, it has flying high. I think Bonk's falling off that bonk. You know, platforms falling off a little bit. Numbers wise, what are you seeing for Pump? And then we got a little some hype action here as well.
- [49:08]
A
Yeah. I mean, just a couple weeks ago, Momentum Money makers, shout out if you're in here. You know, I gave it a call just like two weeks ago. I was like, this looks freaking juicy. I was like, we, we're. We hit a bottom with Pumpkin and now we're grinding up. And I stand by that because it's. Well, it's pretty easy to stand by it when you're up, you know, quite a bit from that call. I am, full disclosure, a Pump fund holder. I was initially got a little shaken out and I knew where it was gonna be a sellout when we first had the ico and I was a little nervous. But then we really found a bottom there about. We found a bottom, as you can see, and then now it's just curling back up massively. They're doing massive buybacks. Man. There's something. I got it from Tyler, who we shared a tweet recently, so shout out Tyler for this. I think it in the hyperliquid had $14 million in revenue. I'm sorry, pump had $14 million in revenue and hyper liquid had $16 million in revenue. And they both do 100% buybacks. But there is a huge difference between the market caps between the two of those. So it really. That's really what, like, sparked my interest to make it Pump a call. I was like, it either showing that that's Hyper Liquid is extremely overvalued, which I do not believe it is, or Pump is extremely undervalued. And that was really the message I gave to our community a few weeks back. I was like, this just looks like it's going to pop off. I was like, they're getting massive amounts of revenue and they're doing 100% buybacks. And really, if you and I, if anybody was going to create a meme coin right now, now, or a major company, we're going to do it on the Pump platform. The Pump tokens seem to be the ones that are doing the best. So I kind of sto, I kind of like stopped fighting my own position and was like, yeah, it feels like we found a bottom here in late August and made it a call. And I stand by because it looks juicy. Sitting at what, a 6 billion FDV? 2 billion market cap. And again, I, I, I think, I think there's clear skies ahead here.
- [51:12]
B
Yeah. And then here. Sorry I didn't throw up your last thing. Is this something you just talked about or something to tie in?
- [51:17]
A
Yeah, yeah, that's the one I just talked about there. Pump and Hype are basically tied in revenue for the week, but Hype is trading at 10 times the premium. I think it's a great call out by him and it's something that I've thought about for a few weeks now and that really is what sparked me to make it a call within the momentum moneymakers. Cause I was like, this just feels too undervalued and it's been tested way too much as well. Like there's been the bonk launch pad, there's been that heaven dex that like I was pretty high on actually, but I was, it seemed really good, man. They were doing some interesting flywheel stuff but Pump just started eating their lunch and they're the premier so stopped resisting and started buying a little bit more. And it, it's performed very well for me and the community.
- [52:05]
B
Hell yeah. And again, if you're interested in getting, you know, that information around the community, getting more access to Brian and Joe touch points with them weekly, the first to their alerts so you can get calls like this right when they make them and again get that alpha and you know, make your own decisions and educate with them. If you're interested in getting access to that, go down in the description, scroll down, click the link and I put a link there for more information about Brian and Joe's cryptos. Money making or sorry, crypto money makers, momentum money makers, you know, trial. Go down there, click it and that's again how you're going to get access to Brian and Joe and be at first alerts for their trade alerts, which again is some of the best alpha you're going to find because like you just said, just they, they've been on absolute fire. You guys have been crushing it and none other than I'm going to jump us to back to nobody sausage. So nobody, nobody sausage. We, we talked about it two weeks ago. I know you gave it out in the community a little bit before then and Then, you know, again, there's some volatility in it, but just ripped higher, ripped to the upside. When I saw that and I went in, I bought a little sausage. I threw one on the grill for myself. And when. When I just. And I didn't look at it, it was one of those ones where I was like, this is funny. I'm gonna buy it. Like, I'm riding with Brian. This thing made me laugh. I'm in. And I bought it. And then I didn't look for, like, I don't know, a week, 10 days. And then I went on. I was like. I was up 75. I was like, oh, let's go. Nobody's sausage. But I think kind of to set the stage number one. It's funny, right? You. We brought it up. I was. The first thing is I was like, this thing's hilarious. Great art. And specifically, they have. They have that kind of, you know, lead from the front mentality where they're interacting a lot on social media. They're interacting with Luca Nets and Pengu. They're doing like a little Pengu posting collabs where pudgy penguins interacting with Nobody's sausage. And then the reason we brought it back up, not just for you to be able to take a victory lap for giving out Nobody Sausage, both in the community and on the podcast, but, dude, a wild announcement. There's this Crawford. This fight this weekend, Crawford versus Canelo, and Nobody Sausage is going to be. Is going to be on Crawford shorts. He's. It's an official sponsor. Nobody Sausage is an official sponsor for Team Crawford for the fight this Saturday on Netflix.
- [54:31]
A
Yeah, it's awesome. I. Yeah, I was just looking when I made this call, it was in the middle of July, so it took a little time to cook right around like a $35 million market cap. So we've at least 2x that, you know, it's continuing to go even higher. And then we talked about it last week, league, like you said, we're just seeing the meme more and more, and that's when you can really start to, like, you know, okay, this is getting traction. And like I said, this has to be one of the stronger meme coin teams out there. This isn't like just some kid in his basement streaming about Nobody Sausage. I mean, they got Crawford to put it on his shorts and they're sponsoring him in some form or fashion. So it's. It's becoming more mainstream. I'm seeing a lot of web3 companies talk about it. We got Gemini's and Moonpays, they've been using the meme. You and I had a good laugh about it. And again, I do think this could go higher. If this was back in, like, the meme coin bull run of January, this thing would be at like a billion dollars right now. So there's definitely been some, like, it's a. More of an organic meme. And I'm super excited for what they're doing, and I'm excited. I mean, I might. I might dabble when the prediction market's a little bit on our boy Crawford, so he can. If he wins that match, I don't think it would hurt the Nobody brand by any means. Well, look at these things, dude.
- [55:52]
B
They're so, so funny. We gotta watch this video. We gotta watch this video. Anybody. Anybody that memes, as my friends know, and you know, I'm a huge memer, a professional memer. When I think I see a good meme, we gotta watch it. Let's watch this.
- [56:07]
A
You say that because you're fighting with nobody. So when I beat you, is you gonna be a nobody?
- [56:13]
B
Nobody. Nobody for nobody.
- [56:19]
A
It's good. It's so good. They're clever, man. They. They're super clever. They. They got a recognizable meme. It's. It's. You sent this to me, actually, over the weekend. You.
- [56:31]
B
I was first to it. Yo, credit. Credit to me. I was first to the nobody sausage Crawford thing. I'm scrolling through. I was just like, is that nobody sausage in, like, the boxing Canelo fight? What? And then I sent it. And then I sent it to Grant, a friend of the show, Grant. And he's like, his jaw was on the floor and he's like, I should have bought it. And I was like, ah, you listen every week, Grant. Again, it's not personal financial advice for anybody, but we're just trying to educate you to make your own decisions. And, you know, this is the. This is the place. You know, if you want the information first. Again, scroll down, check the link for Brian and Joe's community. That's if you want that first alert stuff. If not, we're going to bring it to the podcast and try and educate you the best we can. Obviously, it's going to be a little bit later on some things because the community does get first priority, but, you know, there's alpha to be had. And, you know, when, you know Brian's coming on the show, he's bringing something. That's what. That's what. It's so fun to have you on. Like, Brendan has his skill. Set in the technical analysis. So you know what you're getting every week, you're just like, oh, Brendan is going to show us the way. He's got his little crystal ball with the technical analysis stuff and he can kind of show us what happens and where we think we're going. But you do, you just come out swinging like a nobody sausage. Terence Crawford Boxer. Every time you come on the show, like, you know, Brian's bringing something, you know, you know, he's, he's giving you some alpha and you locked in, you bring out your pen, your paper and you're taking notes. And that's why it was so funny when it was nobody sausage. I was like, I wonder what Brian's bringing in today. And then it's just this hot dog looking, hilarious person called nobody sausage, which is just hilarious. And then you can see there from what I'm sharing, look like a little, little nobody sausage with, with pudgy penguin. And that's how we'll, we'll transition over. Is pudgy penguin or. Sorry, Pengu shows up on the Seth Rogen show. Is this, Should I play this clip? It's a minute long.
- [58:23]
A
I mean, you can just play the first couple seconds of it. Here you see it unzip. There it is, the plushie in the back. Hey, what the giant penguin. Okay, you, man.
- [58:47]
B
That was Seth Ro. Oh, my God. Don't demonetize us.
- [58:51]
A
I should have paid attention a little bit to the. That word goes in one ear and out the other sometimes. But yeah, I've actually talked about this quite a bit. That's, it's, this is a huge show with Seth Rogen on Apple tv. And the whole, like center of this show is around this pudgy penguin plushie. So, yeah, it's like, it's wild. That's a pudgy penguin plushie right there. So it just goes to show you that, that they're, they are freaking. I don't know if Luca Net sleeps, man. That guy. I mean, and the more partnerships, the more traction you get. People start to answer your phone calls a little in return. Your phone calls, I should say, when you want to partner with them. So it's not surprising, but they are truly like becoming like the Disney of Web3. And I don't want to throw that around too much because a lot of people do. But, man, I am freaking bullish on Pengu. I am very, very bullish. I mean, they're freaking applying for ETFs. Somebody in the chat earlier, Shout out was talking about it as a beta, possibly to Solana. That's why it was even hard for me to answer that because it feels like it could be leading the meme coin world in a couple years. They're doing amazing stuff and I'm here for it. Yeah. What is it? Yeah, I put this earlier. Sharp Technology partners with Pudgy Penguin. So an actual digital asset, Treasury, a traded stock, is partnering with Pudgy Penguins and their ip. And you're gonna see it more and more. Just, just crazy stuff over there. And I know you're gonna bring up the Pudgy Party stuff. I do have some interesting stuff going on there.
- [60:29]
B
Yeah. This thing, this thing launched. I see it all over the timeline, I guess definitely biased because I love Pudgy Penguin and a holder of Pengu full disclosure. And so I guess that stuff kind of finds me on the timeline easier than others. But I will say that I can kind of as the social media, you know that again, skill, that's my expertise on the team. Right. I'm that kind of deep diving in the trenches of social media. I can tell when it's because, oh, this is my feed. I'm getting this. And then I can tell when something's getting a lot of play. And the Pudgy Party was getting a ton of play. People were playing it, they were sharing and they get just again and again. I saw I'm playing because I know that Luka is going to try to get us some alpha here. You're trying to figure out how to get involved. But then they. Everybody kept saying, but I started playing because of that. I kept playing because it's fun. And then you see all this stuff with the skins where people are winning these skins and then flipping them for a couple grand. What's going on with Pudgy Party? And is this another absolute home run from Pudgy Penguin?
- [61:32]
A
It's a little bit of alpha for the show. You know, if I had alpha for the show. I downloaded Pudgy Party last night. I was a little late to the game, getting to it. I've been seeing it everywhere and just, you know, with everything that we do, I didn't have a lot of time to like sit down and learn how to play a game. And there's not a big learning curve. Everyone. It's super easy to sign up for. You go to like, this is a good thread. You can go to like mythical marketplace sign up or just download this on your iPhone. I downloaded it on my iPhone and gave it to my 4 year old and I was like, hey, Bo, grind over this a little bit. Just making a joke and he started playing it, and then me and him were, like, locked in it for like over an hour last night playing. Playing, like, races in all different games and winning skins and getting points. And to be completely honest with you, I can't wait to play it again. And I'm not like a gamer at all. Like, I like. It is super rare if, like, someone, like, I would rather watch somebody play video games than play them. Super. Unless it's Big Buck Hunter, you know, shout out to that. But it's an extremely fun game. I do believe there could be some Alpha behind it. There's people that are making hundreds of dollars. Some. I've seen some people saying thousands of dollars. I haven't been there yet, but I just got ramped up last night and I can't wait to kind of do it again later tonight with my kids. And I have a. I got the Solana Seeker phone. It's like a new phone. It's from Solana. It just got delivered yesterday. And I made a joke with one of my buddies. I was like, what am I even gonna do with this thing? Like, the phone, Because I have, like, an iPhone. And then it just hit me. I go, I'm just gonna put the pudgy party on it and let my kids grind over it all weekend and play. And you can earn skins, you can earn money. I'm still diving a little bit deeper and taking a look of exactly what's happening, but it's an elite time. I highly recommend everyone check it out. It's free. It's one of those things where you can free and you can make money or you can just have a good time. My kids are eating it up.
- [63:30]
B
Yeah, well, we know the McNuck kids are Alpha seekers, so if they're entertained by it, I think that's, you know, that's enough. The apple doesn't fall far from the tree. If their attention is being grabbed. There's some Alpha there for sure. We're going to do some quick hitters to end the show here. We are going to cut some topics short, but that's okay because we're going to have Brian back, and as always, he's going to keep bringing Alpha Rec drinks. Friend of the show, you guys. And Brian and Joe just love Rec drinks. Anything new here?
- [64:01]
A
Yeah, it's. Yeah, man. They're partnering with moonpay. Shout out to ovi, who's running it. We would love to get some Rec drinks for the show. We'll Be drinking them in and popping them. So reach out if you see this. But they have a partnership with Moonpay. I think about 750,000 cans sold. More likely this, this actually got draw. It's going to drop next Friday the 19th. So I'm not sure if we're gonna be doing one of these shows or not, but if we are, I'm gonna have to take a 32nd break to secure a whole bunch of cases. You do get drank points for this. Joe's kind of touted a lot of time. You like actually get req tokens a majority of the time. Which literally pays for the cases plus money. They're fabulous, man. They taste good. This flavor is a peach raspberry. It's supposed to taste fantastic. And be completely honest with you, I think it's the best looking can out of the group. This is a big one. I think they're gonna sell, finally hit that million can mark. And it's, it's, it's a big, it's a big movement we've been talking about with our community over the past few days and I think a lot of people are gonna dive into it because it seems to be even plus money and you get the drinks and it's a great brand. All the above. Really fired up for this.
- [65:16]
B
Yeah. Love you guys. Have been again super early direct drinks. All the more reason to scroll down. Check the description for Momentum money makers and check the link. This is the kind of stuff that you get early. Brian and Joe were on it. They bought the drinks, they brought them in person when we had our in person event together. Sharing the drinks, sharing the knowledge, sharing the profits again with everybody. If you're interested in joining the community, scroll down, check it out, get access, more access to Brian and Joe. We're gonna have to save some of these for next time. Brian. I thought this one was a good one. OpenSea, they're doing a little token, token launch here.
- [65:50]
A
Yeah, they're their TGE events come in. I'll make this fast. TG event is coming in the next couple months. Can't remember off the top of my head the exact time for him. They mention it in that thread but there's a way to go about it in a few days. I think it's September 15th. You get this treasure chest essentially and there's going to be like daily quests and things you can do. So the thing that we want to note for everyone, I myself was a big NFT trader, especially in OpenSea that it will be if you were A trader back in the day. You're going to get the C token. This is separate, this is something new. I'm going to talk about with our community a little bit more when I get more sophisticated with how we can earn. But there's going to be daily quests, these treasure chests, things that they want you to do. They have 22 chains, they support you trade across those chains, you're going to get more opportunity for this sea token. So, again, some alpha. If you've been wanting to buy some NFTs, I definitely buy them on OpenSea because there's some ways to get credit. But September 15th is a date everyone should be going to their OpenSea account and taking a look of how they can pretty much do stuff for free to earn the C Token, which I think it's a perfect time to drop the C token. I think it's gonna be a massive liquidity event to a lot of the trenchers out there who've been in the space for a long time, and I think it's gonna do well.
- [67:12]
B
Yeah. And somebody that doesn't play in that space as much as you. I know OpenC is a big name and I think it's important for big names when they have big events like this for it to go well and to go well for the community and go well for the holders and go well for everybody who participates. Because especially in crypto as a whole, there's all these big events that happen and when they go wrong and it's liquidity suck and you know, people just get absolutely, you know, taken advantage of or rugged. It's like, it's just such a bad branding exercise and it's bad for the space as a whole. But I feel like opensea is one of those, especially in the NFT game. Right. It's just one of those og, OG players. So, you know, it's something to watch and if it goes well, it kind of gives you that, that little momentum forward of like, okay, NFTs, they're not dead, they're actually here and we're moving forward and it could be something to get excited about.
- [68:05]
A
Yeah. The 15th, everyone check it out on Monday. That is more alpha for everyone. Check it out. There's gonna be free ways to earn real money and I don't think it's gonna be too tedious. We don't have too many details. If you go to OpenSea's main account, like TiVo, showing there, there's a thread by the CEO kind of breaking down exactly what happens. Check it out, man. I literally just right now, while you're talking, put a reminder on my calendar for Monday morning that I gotta get, get cooking on whatever's happening here.
- [68:32]
B
Let them cook. Last thing we had this to talk about with the ETFs, and we talked about on the show early in the week that there might be some ETFs that get approved today. Looks like they got pushed out, so they're eyeing next week. But then, as Brendan pointed out, Brian, like, these aren't spot ETFs, and the spot ETFs would be more exciting than just regular ETFs. So, again, exciting in the sense that it's the name, it's the branding, it's, you know, getting stuff moved forward. But what we're really looking for for, for Doge or for Trump or for XRP is like, you want. You want spot, right? Not just regular. So that decision got pushed out. Overall, we're eyeing up Fed Week. We are going to be here next week with multiple shows covering everything from our normal rundowns to specifically the clearing event that the Fed will give us. I guess, I guess we got to tee it up. We're going over, we're going long. Poly market. What are you looking for? What are you looking for for Fed rate cuts? What's the call here? People are saying 25 is a lockdown and 50 bips is a little bit outer on the risk curve for a gamble here, but what are you seeing?
- [69:38]
A
Yeah, well, polymarket confirmed that they're going to come into the United States, which is freaking huge. Prediction markets are the thing. We talked about it last time on the rundown, a huge amount. I think week one smashed and we also had the most traded NFL football game of all time were through prediction markets. So again, I have some DraftKings ties, so I would imagine DraftKings is kind of sweating it a little bit with all this action that's happening on these prediction sites. We could have a whole show about how popular these are right now. People are talking about, we talked about this last week, the 50 bips trade. The next day I went in and put that 50 bips trade in and it was 4% whenever I did it, and it ran all the way up to about 20%. I sold my position so you can buy and sell. I. I sold my position right around like 13 or 14%. It continued to climb, but, you know, you can never buy the bottom and sell the top. Feel great about it. I think 25 bips is pretty much a lock, not financial advice. It's not going to pay.
- [70:43]
B
Right.
- [70:44]
A
Because it's at 88%. But this is the type of stuff you can get on these prediction markets, man. It's. I literally saw a prediction the other day, like, will Darth Vader's lightsaber sell over under for $3 million? And I, like, sat there for a little bit, and I was like, it's got to be over, right? Like, it's got, like, the Darth Vader's lightsaber, the original lightsaber. There's some Star wars fans. The interesting thing about it is, is that even if you don't have access to buying a lot of these things, you can still get exposure through prediction markets. And, yeah, the Fed decision looks like it's a lock at 25 bips. I think if we got it 50 bips cut, that would be kind of the Fed saying that they messed up and they should have did cats earlier. And I think the ego is a little bit too big to see that happen. That's why I sold my position. But when we Talked about this two weeks ago, it was like 3 or 4%. I was like, this feels way too low. And that's. That's the beauty of these prediction markets. You could sell out of your position as. As the time looks stronger. Did I think 50 bips was coming? No, but it just felt too low. So I put a couple of shekels on it.
- [71:54]
B
Yeah, I totally agree with you with the 50. I think it's. Yeah, the ego thing of how it would look if they do 50. And how it would look is, oops, something might be worse than we really even thought something might. Slash could break. And then that. That scares the market and spooks the market. So, yeah, I think. I think best case scenario is 25 bips and we'll. Yeah, we'll see what next week brings. Just a little breaking news. Gemini popped to 40, now down 20. So trading at $33. A little volatile start there to Gemini, as expected. And then bitcoin, while we were live on the air, hit 116, 000, giving us a little Friday momentum. Guys, we really, really appreciate you tuning in. We're gonna have Brian and Joe on a lot more. If you're still here, give us a. Like. It really helps helps us grow the channel. And if you haven't, again, bottom right, our logo. Click subscribe, turn on the bell notifications. We want to be here with you guys. We appreciate the chat being so active. Again, if you want more access to Brian and Joe in the description go down. Click out and check the Money Momentum Money Makers link so you can get the first alerts and learn more from Brian and Joe around the meme coins Guys For Brian, my name's Tevo. We really appreciate you guys joining us on a Friday afternoon. We got a big week next week so we hope to see you all. But enjoy the weekend and we'll talk soon. Bye bye.
- [73:31]
D
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