Polymarket 梦幻橄榄球选秀｜市场泡沫 #17

Welcome back to Marketbubble, a show all about investing in yourself, where we feel an overwhelming majority of young men today are in a losing position. How are we positioned? Find out today and every Thursday live on twitch.tv/fazebanks as well as kick/ansom. And me and Anom are both also live on Twitter. It’s at 1:00 p.m. on Thursdays. Botched the intro a little bit. Forgive me, I’m [bleep] fried.

We have an interesting show today. It’s kind of a historic show. Polymarket gave us a $100,000 prize pool to run a fantasy football league for them, so we’re replacing today’s guest segment with that.

Look at this overlay, by the way. How sick is that?

What am I? I’m 4, 5, 6. Yeah, it’s fire.

Yeah, you’re drafting sixth. You did no homework. Zero homework.

Zero, zero, zero.

How good is this overlay, though?

It’s fire. So, this is who’s in it. I tried to cram at the last minute last night, and my dog wound up getting sick—violently explosive diarrhea everywhere, all over my [bleep] couch, my rug, and all up and down the [bleep] hallways in my building. Neighbors were walking out so [bleep] up. I didn’t get to bed until 4:00 a.m. and woke up with her at 8:00 a.m., with [bleep] still everywhere.

I had to emergency-call my trainer to come scoop her up. So, I’m trying to get more familiar with and brush up on my fantasy [bleep], because it’s been a few years since I’ve been in a league. Brutal, man. Are we going to get last place in our own league?

I think so, bro. I’m not going to lie. I know football very well, but I’m not up to date on the draft class this year, who’s going to be good on whose team, and all that [bleep].

What does it say about the market and how much money we’re making right now that we’re not locked in?

We fumbled this $100,000 bag. It’s a $100,000 free roll, man.

Yeah, the research was not even there. [Bleep.]

But no, it’s going to be fun, though. Fantasy football is always fun. We’ve got a good group of people.

So, it should be entertaining.

I can’t imagine Rasmr, Threadguy, or anybody really put a ton of time or effort into working or preparing for the draft.

1. Crypto Enters A Bull Market

I have a little draft cheat sheet from ESPN here, and hopefully it gets me through. But crypto’s up. Are we in a bull market, brother?

Bro, we’ve been saying it. We’re in a bull market. The bottom is in. We are in a bull market.

I think we finally got some confirmation from the majors last week, with a really strong pop on Bitcoin. It’s right around $80,000 right now, but there was strong weekly performance across the board. Hyperliquid is at all-time highs. Zcash is at all-time highs—not technically all-time highs, because Zcash technically traded at $5,000 per coin on its launch day—but it’s above its high from January 2018, which is crazy.

A lot of coins are doing really well, and on-chain activity is heating up, too. You can see it with Pump’s revenue numbers; they’re making new highs day after day.

2. Why Crypto Is Going Up

What exactly is causing crypto to go up? We all see it going up. You called the bottom, obviously. It’s going to go down as one of your marquee, historic calls—another notch in the belt. Crypto’s just gone up and to the right since, and things feel like they’re heating up. It feels good. Why, though? What’s causing crypto to go up?

Yes, it was honestly 2 things, right around the same time as the major catalysts that happened last week.

I would say the biggest one was what the Treasury is doing with the long end of bonds. Essentially, they’re concerned with how high the yields are on bonds, and what Bessent said is that they’re going to be buying more of these long-end bonds. What that means is that they’re going to be using dollars to buy these bonds, and people are concerned with what that means for how much a dollar is going to be worth.

The trade is Bitcoin and gold. If you look at the announcement, when they said they were going to start doing this and buying more of these bonds, Bitcoin and gold ripped pretty hard minutes afterward. So, that’s part of it. That’s been the core fundamental thesis around Bitcoin.

I just moved this [bleep] light forever.

On the other side, we also had Trump announce that they’re going to try to get Hyperliquid legal in the U.S., which is huge. The main issue with Hyperliquid is that it’s currently VPN-blocked for U.S. users. They essentially said at the Crypto Summit—or whatever they were hosting—that they’re trying to figure out a way to make it legal in the U.S., which is huge, too. Hyperliquid popped pretty hard on that, and I think it happened the same day, which is pretty crazy.

Those were the major catalysts, but I had already said the bottom was in. We just needed something to break us out.

3. CT Sentiment Turns

How big of a role do people like you play in the general narrative and sentiment on CT? We’ve obviously seen the energy and vibes shift in a pretty dramatic way. How much of a role does that play? Just you bulling crypto and the market?

I honestly don’t know, bro. I wish there were a way to measure that. I’m not exactly sure.

I do know that there was a lot of sidelined capital at the time, and a lot of people obviously follow me and others on Twitter. But I think it’s more that I got the timing right. I’m not influencing things. I mean, I’m influencing some people, but I think it’s more that I got the timing right on feeling like it was a sentiment bottom.

When you don’t move lower on bad news, which is what happened with everybody being concerned about Saylor selling—and then Saylor actually selling hundreds of millions of BTC—CT being loudly bearish, and us not making new lows at a key support level, that’s pretty huge.

I think the on-chain stuff is definitely something that I impacted a good bit on Solana and other chains, because people weren’t willing to bid anything—or at least not a lot of things—over $10 million when there weren’t any coins running past $10 million. It was, “Okay, if it’s a bear market, I’ve got to be more conservative with my capital.”

But if there are coins running a lot higher, which is what happened when I CTO’d Ansem and it ran to around $440 million in a week, then it’s, “Okay, we can bid things at higher levels.” Market cap went to around $250 million right after that, and then you started to see on-chain volumes and the number of transactions pick up.

If you look at the data since June 27th, all the on-chain data has moved aggressively up and to the right. The Uber Mendes tweet is pretty good. It was a pretty bad bear market if you were trading [bleep] on-chain.

I was just watching [bleep] Cinnage’s stream, and they trade new pairs. I don’t know if you’ve ever watched him stream, but it’s a [bleep] insane game that they’re playing, trading these new pairs on—

He’s been doing it on Twitter, too. It’s crazy.

It’s crazy. He’s saying that there’s been a lot more volume lately, and that things have been moving a lot higher.

In a bear market, you’re conditioned to sell as soon as possible. But if you have those same biases now, you miss a lot of the runners. People are changing their biases in real time.

I know you generally agree with the Ubermensch tweet. Has anything changed? I know what the answer is, but we’re still feeling great. We feel like we’re in a great spot today and moving forward.

I feel great. I think you’re in a position right now where, if you have your core portfolio—as I said, the 70/30; I’m going to keep saying it every episode so people aren’t gambling their entire portfolios on one thing—I think you want 70% in safer plays.

That’s stuff like Bitcoin, ETH, SOL, Zcash, HYPE, and—

Say Pump. Pump, for me, is a safe one. It has real revenues.

Pump is a higher-risk play because it’s a lower market cap. It’s only around $4 billion FDV, which is low compared with the other majors. I wouldn’t include it with the safest plays. It’s more medium risk.

But if you are in those positions now, it’s a great time to be in them as the bull market is just starting to begin. HYPE is obviously at an all-time high, but Bitcoin, ETH, and SOL are still down a lot from their all-time highs and have room to run.

You have your core positioning there, and then you have the other parts of your portfolio that you can be more aggressive with and take more risk with. But it’s the same coins. I feel like I’ve been saying the same coins for weeks.

It’s a good time. 120 by December 31st. 37%. Wow.

That seems low.

Does it seem low compared to what? Do you think it’s 50/50?

What are we at, like $80 right now? It’s like 50.

My God. If Hyperliquid hits $120 by the end of the year, I’ll get on my face.

Oh.

I think it could, bro. It’s only about 50% from here. I mean, it went from $40 to $80 in, what, 2 weeks?

True. True.

I just think Hyperliquid has so many tailwinds for it right now. It’s already in price discovery, it’s at all-time highs, and it just got the stamp from Trump. Crypto volumes are picking up now with the majors moving, so the actual money the exchange is making is going to keep increasing.

Sentiment on crypto is shifting more positive because, right now, Hyperliquid was—I don’t think people realize how niche of a product Hyperliquid really was. It was mostly for traders and people who are crypto natives, right? But if Trump is talking about Hyperliquid now, that unlocks an entirely new group of retail investors and people who are now like, “What the fuck is Hyperliquid? I want to learn about it.” The sole bear case around Hyperliquid was regulation, the U.S. market, the government, et cetera. I put close to 7 figures into Hyperliquid at around $25–30, and I’ve yet to take any profit.

I caught a lot of this move up. I’ve owned a lot of Bitcoin in the last month, and HYPE as well. You put me on the PUMP trade, and I’m up a lot on PUMP. Thank you again for that. I think I tweeted at you at some point this week just to say thank you.

But it doesn’t feel like a good time to sell anything either. You know what I mean?

It really doesn’t. To me, the trend is just now beginning. HYPE is obviously a lot higher than the other majors because it’s already been in an uptrend. It’s already up about 4× on the year.

But if you’re in the strongest alts while the bear market was happening and then the bull market is starting, that trend is obviously just going to accelerate. There’s no reason they’re going to start to underperform now when conditions are a lot better than they were before.

That’s how I feel. I feel validated, rather than thinking, “Oh, I got lucky. It’s time to dip.” I just feel validated in how I felt about the market and where I put and positioned my money. Did you see Nikita talking about adding trade buttons to Twitter?

Yeah, I saw it. That’s insane. I’ve been saying for a long time that X being the everything app is huge, and they just have so much room to improve there.

It seems like the financial apps are trying to go more social, and the social media apps are trying to go more financial. You just saw X enable X Money, where you have your debit card and your savings account. You get 6% on your savings and 3% on the debit card, and you can send money, wire money, and do whatever you want, just like you could from your bank.

But you can’t trade directly from X. I spend a ton of time on X. If I could trade anything immediately in the app, I’d be in there. Here, it’s highlighted: “Trade buttons coming soon.”

Yeah, so I quote-tweeted it. I have a tweet on this.

I’m going to get into his response and our conversation in the ticker space.

I have it. I have it here.

Which one? The screenshot of it?

If you literally just search in the top right and click a ticker—SpaceX, SPX, SPCX—you see that trade button. That’s what he’s talking about.

SPCX.

Yeah. You see that trade button?

Yeah. Yeah.

Yeah, that’s different, though. That still funnels you to another app, and then you trade there. I was saying you could trade in X—one-click buy right there—which it doesn’t seem like they’re going to implement. I guess that makes sense. It’s easier to do on other platforms, but I just think they would make so much money, bro.

This is our conversation.

Yeah. You suggest and start to imagine a world where you can trade natively on X, fund it there, and—I don’t know—does Twitter have an opportunity to revamp FOMO and Pump.fun and just own social trading? It’s already the biggest social media app in the world.

Yeah, I mean, there are so many daily active users. It would be difficult to vet. Obviously, on-chain right now, if you put tickers for anything on Twitter, it’ll show you what the coin is, even if it’s an on-chain coin on Solana or some other blockchain.

There are a lot of high-risk things there, and you probably shouldn’t make it easy for anybody to buy anything immediately. But for stuff like stocks and everything else, that’s different.

I hear that, but it’s happening regardless, right? It’s proven that anybody who’s built these tools that make trading easier, more accessible, involve fewer clicks, and are frictionless is doing incredibly well, right? Adding the social layer is proven to be extremely valuable as well, and people enjoy that. It’s going to happen regardless, right?

Yeah, but not necessarily on X.

Yeah, facts. But if it’s going to happen regardless and there’s a fucking market that’s a Facebook-sized opportunity, I don’t know. They’re already doing the banking system and wallet stuff. It’s fun to think about. It’s a cool idea. I wish I could trade natively on Twitter. It’d be fucking amazing.

Imagine going to your profile and seeing your holdings, like seeing a public portfolio attached to your account.

It’d be fucking insane.

That’d be fucking sick, bro.

It’d be sick, bro. There are so many people blowing up on FOMO. Poor Goat—we’re going to talk about him later, and what Kate’s been doing and his whole arc. We had him on the show, obviously, but he’s blowing up on FOMO. He’s bigger on FOMO than on any other platform online. That’s fucking nuts, is it not?

It’s insane. He’s got about 50,000 followers in the last 2 or 3 days on that app. It’s fucking insane. It’s all because he’s very publicly trading large amounts of money and being successful in those trades. I don’t know. It’s interesting.

I just imagine you on Twitter all day, and imagine watching you trade live on Twitter all day.

Yeah.

I feel like you’d explode. You’d teleport to 3–4 million followers. I think—I don’t know.

I agree. I think way higher, to be honest. They’re already leaning in this direction because of the subscription feature. You subscribe for special access to certain information from people, and I think there are a lot of financial content creators on X. They’ve already dominated that.

They probably have to limit the number of tickers that you can one-click buy.

Oh, for sure. It should be listed the same way Robinhood lists things or Coinbase lists things, right? Maybe not new pairs and shit. That might be a little crazy.

Yeah, I agree with that. I agree.

X, I mean, they can’t even fix the fucking spam and scam shit, bro. If you search some tickers on X, there are clickbait posts saying, “Click this to get this,” and it’s literally just scam links all day. They’ve got to fix that first.

The reason I think a lot of social media companies have hesitated to do a lot of the financial stuff is because they don’t want to be associated with, “Oh, they lost money because they bought this on our platform.” Whereas if it’s just social and it’s just banking, you can’t really fuck up the banking and savings. It’s just not risky.

Yeah, fair.

I know you kind of already spoke to it, but maybe get into the weeds on it. Get into some detail for them, because I’m sure you’ve been asked all week, and this is what chat always wants to know: What is Ansem’s current position in the market? What are you buying? What are you selling? I know it’s week to week, but the world must know.

4. Ansem’s Highest Conviction Picks

I would say my highest-conviction pick is still PUMP right now. I think PUMP’s going to continue to do well. It’s been trending up pretty aggressively. For the same reasons that I said before, if you think on-chain activity is going to pick up, PUMP is going to make a lot more revenue. They’re also benefiting from their mobile app users and mobile app downloads.

It’s really one of the only coins you can use to bet on the social-trading thesis. It’s in that mid-cap range, so I like PUMP a lot. Hyperliquid is obviously super strong. I think it’s probably the strongest it’s ever been.

Probably the safest alt you can be holding right now is Hyperliquid. I think Zcash is also super strong—a great beta to Bitcoin. But I think it makes sense to have some Bitcoin in your portfolio. I kind of flip back and forth on this, and Tulip, I think, has been flipping back and forth on this too.

I like his takes a lot, but—

He’s super smart.

He’s super smart. But Bitcoin is just so safe as a core holding of your long-term portfolio in crypto. It’s been talked about so poorly in recent years because it underperformed gold in 2024, underperformed a lot of altcoins recently, and, in general, the thesis around Bitcoin being digital gold has taken a hit because it didn’t perform as well as commodities and metals did.

But if you’re seeing what’s happening with people’s concerns around bond yields and the dollar, Bitcoin benefits from that so directly that it makes sense to have some portion of your portfolio in Bitcoin. It’s also something you don’t need to worry about trading on a shorter time frame.

Solana also looks really good right now. It just popped above $100, and I think it’s going to hit $150 in Q3. I still think Solana is going to go back to $600 by the end of this cycle. What it’s dependent on is seeing more breakout applications outside of just the memecoins and trading terminals, which is the harder thing for them to accomplish.

But they recently, I believe, got past the SIMD that’s reducing the amount of SOL inflation, or how quickly they’re getting to their lowest inflation rate, which is huge. There’s another one that’s going to impact how all the activity on-chain burns more SOL, so that’s another big one that’s in the works right now.

I’ll say those are the main ones. On-chain, I think Robinhood has been really hot. There have been a few things on Robinhood doing well. Cash Cat is at all-time highs. There are also some interesting things around pairing memes and memecoins with RWAs, which is really cool.

In some of the lower-cap, higher-risk stuff I’m in, I bought artificial and new, which is really cool. It’s essentially an AI dog paired with Nvidia, and the tokenized form of Nvidia on-chain has been doing well.

If you look at some of the interviews Vlad has done over the past few weeks, he literally says, “I didn’t expect some of this experimentation that I’m seeing with memecoins and RWAs, and I’m supportive of both.” They want people to continue doing that experimentation.

If you look at how fast they listed Cash Cat and how much they’ve been interacting with all the builders and stuff on Robinhood, I don’t think it would be that surprising for them to start showing support for those kinds of projects. I think that’s an interesting spot as well.

And then Net is really cool. It’s kind of—

I saw you bull-post the shit out of this. I saw—

I put out a pretty long bull post on Net. I think Net is cool. It’s one of the protocols I’ve been excited about in the DeFi landscape for a while. It’s been a long time since I was excited about something in DeFi, and I think they’re pretty cool.

Yeah, this is it. Essentially, they call it RWA Play—RWA is a play on that. The protocol has a 5% tax on all trading volume, and they have a lot of mini-games that you can play. They take a 5% tax on a lot of the games as well.

The tax goes to the treasury, and they hold stablecoins in their treasury. That’s the backing of NET. They also have this bond mechanism where you can buy NET at an 8% to 12% discount from the market. You give them USDG, which is the stablecoin on Robinhood Chain, and in return, they use the stablecoins you provide to the protocol to buy stocks. Those stocks are added to the treasury, and you get your NET.

It works like this: You can mint more and more NET depending on how well the protocol is doing. If the protocol is trading at 1.75 times the NAV, which is how much the treasury is holding in stablecoins and stocks, then they will print 1.2% more NET for all stakers. About 90% of the NET supply is staked, so you’re actually getting more and more NET for staking your NET with the protocol.

It’s a really interesting spot. It’s kind of M combined with a few other things.

It’s currently trading at—

It’s like a $50 million FDV, something like that.

It’s pretty small. Yeah, NET is pretty small.

Obviously, a riskier spot.

Yeah, it’s a risk. It’s a riskier spot for sure. That’s why I said you have your core portfolio that you don’t touch, and then you have your higher-risk stuff, where you can find that higher-risk stuff.

I feel like I know the answer, but how do you pick what to buy exactly? Is it all intuitive? What’s the process? How do you decide what to buy?

A lot of it is intuition, to be honest. I wish I had a clearer process for deciding, but a lot of it is intuition.

It’s reactive, right? Responding and reacting to—

Responding to the market, for sure. A lot of it is that I want to find spots that don’t have ceilings. The spots that don’t have ceilings are the newer things and newer mechanisms that haven’t been done before, so those are always the most interesting to me with on-chain stuff.

Very smart. And then, when there are so many new coins launched every day—

I don’t really pay attention to new pairs. I think you can see which coins are getting traction, getting attention, and getting volume as it’s happening. I look more in the higher market-cap range, after something is at $10 million-plus. That’s where I’m usually looking for things.

But I think you’re in a spot right now in crypto where it pays to be actively doing research. If you believe that the bull market is just now starting, then there’s going to be an influx of a lot more retail coming into the space. If you’re the one doing the research now and outworking everybody who isn’t doing the research, then you’re going to be positioned way better than everybody else who comes in later.

Is that kind of your sweet spot? The $10 million range? Are you looking to catch the move from $10 million to $100 million-plus, usually?

Yeah. It’s not a hard level that I have, but you’re much less likely to get rugged buying stuff that’s proven to—

Been around for longer.

I also feel like, for things to jump into that eight-figure, $10 million-plus tier, they have to have some sort of substance to them. You’re going to see some shit run that high.

Yeah.

Things run to $100 million-plus all the time, I feel like. That’s a 10x, and things like that happen in a day. They happen in hours.

Yeah.

That’s how these kids are making all this money. You hear about Sented and you watch Mega, and those are the types of moves these guys are making and where they’re making their money.

Yeah, they’re killing it on the new pairs. I’ve never watched these things. These things are cracked.

This shit is crazy. I don’t even—Bro, what do you call it when you do that shit in Fortnite where you’re building the—

The buildings and shit? What do you call that?

I think it’s just building, right?

Just building. I don’t know.

I think it’s just building. Cranking 90s is a terminology they use—90-degree angles. Cranking 90s, edits. They use crazy chat saying “90s.”

Yeah. 90s. 90s crank.

Cranking 90s.

Yeah.

Cranking. See, I don’t even know what that shit was called. Bro, I’m a boomer, bro.

These kids are cracked, though. It’s really insane. You mentioned it earlier, but Hyperliquid is at an all-time high. I think it touched $87, which is really exciting, obviously. My question to you, though, is: How does it go higher? How exactly does Hyperliquid go higher from here?

I think easily. What Trump was saying is, “We’re going to make Hyperliquid legal in the U.S.” First of all, if they can somehow make Hyperliquid legal in the U.S., so that the same amount of people who can easily use Robinhood, Coinbase, and all these other things can also easily use Hyperliquid, that’s a whole new user base that’s untapped right now for Hyperliquid.

I think they haven’t done a huge push on marketing in the U.S. because of that. They’ve been blocked in that way. You have to do some things to get around the restrictions to use Hyperliquid right now. But I think that’s a huge thing.

Generally, they’ve been growing at an insane pace this year already. The HIP-3 stuff on stocks has been growing a crazy amount. Commodities have been growing a crazy amount. Their crypto volumes are also growing.

If you look at what market share of the total centralized-exchange volume in crypto they have, it’s still relatively low compared with how much they can grow. I think it’s somewhere around 15% to 20%. If you think they’re going to continue to get market share there and also continue to get market share in other markets, like stocks and commodities, then that’s huge. The HIP-3 stuff has also been huge.

They’ve been dominating that as well. But essentially, their volumes and user count—if those continue to go up, then obviously they’re going to be making more money. Then obviously, the price is going to go higher.

Even if you’re just betting on the crypto bull market coming back, it’s already an established leader price-wise and team-wise. They’ve done a great job shipping. People are going risk-on in crypto, then HYPE is going to be one of the main beneficiaries of that.

There are a lot of people who are waiting for a low to happen in Q4 on the sidelines. Once those people decide, “Okay, we’re going to allocate,” what are they going to allocate to? They’re going to allocate to the strongest coins.

Great answer. Great answer.

I don’t know if you know Stanley Druckenmiller, one of the greatest fund managers of all time. He recently bought PER, which is the main DAT for Hyperliquid, at the lows, right before that announcement happened.

I think you’re starting to see traditional institutional investors start to bid HYPE as their crypto exposure play. If that happens, then there’s a ton of capital sidelined that just doesn’t have that much exposure to crypto yet. HYPE is still very, very, very small compared to these large-cap stocks.

What’s it trading at? What’s the market cap?

I want to say the circulating market cap is—

Wow. Really?

Under $20 billion. Let me check.

Yeah, $19 billion. Wow.

Which is, like, bro, that’s tiny.

Yeah, it feels like it’s tiny.

Tiny.

It’s $19 billion, but—

No, it’s tiny.

Yeah, in the grand scheme, bro. Nvidia is fucking $5 trillion, bro.

Yeah, it’s fucking insane.

It’s so insane.

Nvidia is $5 trillion.

But yeah, obviously, Floyd has—it’s no secret how involved Floyd is with Hyperliquid, obviously. I just love this. We made a kimchi this week, which obviously is referring to $40 million. Obviously, we saw HYPE violently move up and to the right.

We talked about it last week, but we were actually on a call with him as Trump was announcing this. We watched his reaction in real time, him finding out about this in real time, and he jumped off the call.

Yeah, that shit was so lit. It was like, “Wait, hold on. I gotta handle something real quick.”

Speaking of Kimchi, though—

Kimchi.

Bro, he’s just in the news, man. Look at him. Look at this handsome fuck.

Bro—

Bro, he’s too lit.

He’s lit.

I posted this on my burner. I’m speechless, bro. This is just infinite bait. People get so mad at me for shit like this.

Yo, bro, you’re 40 years old, bro. You’re speechless. People think I’m being serious. It’s funny.

I actually saw Kimchi again recently. This was before I clip-farmed, and who knows? This is probably played out at this point, but everything I’m about to tell you guys is 100% true.

Kimchi lives in L.A. I live in L.A. TJR came and visited L.A. for a little bit. We went and got dinner with him and Zach Bia at Birds. We sat down and talked. Zach was asking them questions about VC and just trying to pick their brains about what they do.

Kimchi ate a piece of chocolate cake and drank tap water. TJR, Zach, and I enjoyed a legitimate, real meal. Birds—phenomenal food.

Then the most random cast and crew walks in. It was Sky Bri, MPJ—Michael Porter Jr.—and Steiny. Milkboy Steiny walked in and sat at the table next to us. Then Georgia Hassarati, the girl who dated fucking Harry Jowsey on some dating show, whatever.

They all walk in, and Steiny’s like, “Oh, is this the Kimchi guy?” They’re all freaking the fuck out, and I don’t know. It was an insane moment for me.

He’s sitting there like, “Hey, man. Nice to meet you.” He’s just so nonchalant about it. I don’t know. It was a very interesting scene, and it felt like the meme. It felt like a fake story. As I was in there, we walked out of court.

Yeah, that’s hilarious.

Jumped into the Maybach and dipped off. But yeah, it’s funny. It’s funny. I think it’s important for the culture. I think it’s really, really cool.

I saw some people coping. I don’t know. It’s unfortunate. Again, locally in CT, I feel like anytime somebody gets too big, CT feels the need to humble them or drag them down, or cope a little bit. I don’t know.

Weird.

It is weird.

I don’t know why. It’s weird, bro.

It’s weird. He’s just chilling, bro. He’s just chilling with Gunna.

He actually is really just a chiller.

He’s just chilling.

He is.

5. The Next Crypto Products

Next, I’m going to take a piss, but I wanted to ask before: What products would you like to see people build this time around during this cycle? What are some products that you feel need to exist? Maybe some opportunities for anybody who’s working on building some shit. What needs to happen? More social trading, et cetera.

If you could have somebody build the perfect version of any product, what would that be and why?

I mean, I like the social-trading stuff a lot, but I feel like we’ve talked about it so much that I don’t need to harp on it anymore. I think it’s kind of obvious at this point that the trend is in that direction.

I think the most interesting areas are definitely things you can do with stablecoins to make businesses a lot more efficient. I think that’s super interesting, and there are a ton of unexplored areas there.

I think a lot of the hardware wallets suck, to be honest. A lot of the hardware wallets in crypto are really bad. You have issues with hacks and other stuff, and it’s hard to use a lot of them with some of these protocols.

I think there’s honestly a lot of stuff you can do in the design space around hardware wallets, privacy, and all of that. I would say those are the main ones, to be honest.

I really like a lot of the speculative on-chain games, though. That’s the most exciting piece of crypto to me: when you can come up with these games that people can compete against each other in and get cool outcomes if the protocol is tokenized.

I think that’s something very specific and unique to crypto. I think the reason that Pump has dominated so much is because the new-token game is like a minigame for traders.

I think there’s a lot of cool stuff that you can do now with RWAs and a lot more capital that’s coming on-chain. In 2020 and 2021, during DeFi Summer, there was a lot of experimentation with yield farming and a lot of this other stuff, but it wasn’t really backed by assets that had durable, long-term value.

It was mostly just the game—speculative games—but I think you can combine both of these things together.

Every bull market typically starts with some sort of narrative, and I just feel like the social-trading thing is so obvious. Traders are the new celebrities. I feel like it’s the obvious way to have crypto and trading culture break out of this bubble and into more mainstream life.

What do you think that is? What is the main narrative for crypto this bull run?

Yeah, I think it’s social trading. I think it’s what we’ve been talking about every episode, man.

I think the best game on the internet is trading. Trading has not been publicized in a way that makes it social, where you can compete with other traders. It’s super PvP.

The same reason people love Fortnite and these other games is that they’re PvP. You can compete against other people, and trading is the same way. It’s just that there’s a monetary aspect added to it.

Yeah. One of the areas that honestly hasn’t been explored also—I saw this, and it’s crazy—is that there’s so much money in consumer products that women spend money on all the time, but nobody has figured out a product that gets women interested in the speculative aspect of things.

I honestly don’t know what that looks like, but I’m surprised it hasn’t really happened yet.

I feel like women would probably be more inclined to trade prediction markets or socially trade people.

Yeah, I feel like it would be easier and more social. But peep this, peep this. I wanted the chat to see this. This is funny.

Everything always picks back up where it left off as well. It’s like a sign or something. I heard that guy is a really good crypto dude. Yeah, bro, I heard he’s a crypto genius. Who’s the Chinese guy, guys? The one who’s skinny. You guys know what I’m talking about?

A Chinese guy.

Fuck, bro. Orangey’s gotta be a good sign. Obviously, the infamous Adin Ross stream with Orangey marked the top last cycle, right? So surely this is a good sign, right?

Certainly. This is the bottom. This is the bottom. This is the—

It always resumes where we left off.

Buy ONG. It’s just getting started. Like, bro, real shit—what am I supposed to do, bro? Where do I go from here? What the fuck do I do, bro? How do I get into some Solana again?

Bro, I was chubby in this, too.

I've been gaining weight at a rapid pace because I'm not moving. I'm at my desk. Has to be a good sign. Has to be a good sign. Has to be a good sign. Yeah, social trading, man. Who's the next Murad? Who's this cycle's Murad? Who's the new Murad? It's probably Murad again, to be honest.

That's funny.

Murad. Murad has not taken a day off, dog. He hasn't. He has not taken a day off. He hasn't. He's not stopped.

Poor Goat has very Murad vibes. He's riding and dying for CTOing this [__] Katecoin.

He does. Poor Goat does. I thought about it a little bit, but he's still based in reality. Murad's not based in reality.

Yeah. Yeah, Murad's like, “Let's flip the [__] S&P 500.”

It's like Murad's like, “We're sending this [__] to [__] 100 trillion.” And I'm serious.

It's awesome. Yeah, Murad. I love Murad, bro. I love Murad. I think what Murad really nailed, though, is this:

That assets derive so much value from collective belief. I think that is 100% true. And I said this about Bitcoin: the only reason Bitcoin was able to sustain itself over the years was because of the entire network's collective belief in it as a completely new asset.

There was nothing to price Bitcoin against in its early days when you were mining it. There was literally no price on exchanges to be like, “Oh, 1 Bitcoin is worth this much.” People just believed that this digital asset was worth something and was a better version of money than the existing US dollar and existing system. That collective belief has been able to push this thing to [__] $2 trillion, or whatever it hit at the all-time high—like $2.1 trillion in market cap.

So, I think what Murad says about collective belief is definitely very true. And the SPX guys—whatever, SPX6900, I think it is—they're the full embodiment of that. So, I think he's definitely on the nose.

I actually want to pull up this dude. His name is [__] 0xTojo. What is his name? Tojo. I think his name's 0xTojo. This guy is like—how do I share my screen? Yeah, this guy. 0xTojo. He's been saying a lot of the same things that I have been saying about how memes, culture, and collective belief have intrinsic value. It's really hard to put a price on what that is worth.

But the issue is that this attention fades. What doesn't fade is real businesses that have durable value, real revenues, and are making money. So, how do you combine these 2 things together?

There are businesses that make a lot of money but don't have any memetics, can't get any attention, are really bad at marketing, and because of that, their business value, or their market cap, actually suffers. Then there are memes that can get a lot of [__] attention and go up really high, but on the flip side, they don't have anything underpinning them that actually has long-term value.

If you can combine both of these things, that's essentially what he's saying. He says:

I think I can hear a notification. Do you have notifications on your laptop? Like a little ding, or maybe it's your phone?

It might be my laptop. Is it off now?

Discord notifications, chat said. I don't know.

But yeah, he says anything paired with anything. This is essentially my thesis as well. He says, “Memes are solved.”

“So I took a break. Always kept a pulse on the market. Robinhood Chain and the wallet rollout was what first piqued my interest again. Saw $CASH, bought some, but it wasn't really new. We played this game before. Something becomes culturally relevant. Someone makes a meme around it. A market forms around the attention, which is what memes have done really well.

“Then I kept looking and found something weirder: memes paired with stocks. Robinhood, one of the biggest retail trading platforms in the world, had started putting stocks on-chain. RWAs never made sense to me, by the way. I never understood why I should get excited about real estate on-chain when I can just buy real estate. But this clicked.

“Money had already become internet-native. Now real assets were becoming internet-native too, which was a new thing. It meant they could interact with all the weird things the internet had invented around money. Stocks are a particularly good place for this to start because stocks are already internet culture. People have relationships with companies, tickers, and founders. They argue about them, meme them, and build communities around them.

“Now the assets themselves are entering the same environment as the culture that surrounds them. I've been calling this culture and capital: serious assets learning to spread like memes, and culture becoming a distribution layer for capital.”

I think this is a really, really, really cool point. I haven't seen a lot of people talk about this. I've talked about it a little bit, but there's definitely value in culture and attention. You have to pair that with something that's more durable. So, I think this is what he's been saying.

“And so I started digging into who's building in this new game. Most of what I found were launchpads. You can create memes paired with stocks. At first, I thought the interesting thing was simply that you could pair the 2. It's not. The interesting thing is what becomes possible once the relationship exists.

“A cultural asset can now have a direct economic relationship with a productive one. And it's—I agree 100% on this. Take 1 simple consequence: a meme is basically a carry-less cultural asset. You hold it, and your outcome depends almost entirely on what happens to the meme itself. Attach an underlying, and suddenly the cultural asset can accumulate something outside of itself.

“Meme plus underlying introduces carry into an otherwise carry-less cultural asset. You could say this is just reflections, cash back, dividends, or yield farming reinvented. Maybe finance has been recycling the same primitive since bartering. The interesting part was never the primitive itself. It's what we're starting to attach the primitives to.

“And that's where it started to get much weirder. Culture has always produced value, but it just couldn't keep it. We make songs, images, characters, stories, and jokes, and when they get valuable, something else has always had to keep the proceeds: the creator, the label, the company, the platform, the IP holder. The culture spreads; institutions retain the value.

“And memecoins gave culture a price, but the economic output is still mostly a closed loop of attention into price and back into attention. What happens when the cultural object itself can start keeping some of it?”

Yeah, this is basically what he goes on to say. I think this is really cool, and—

Tweet in the chat.

Huh?

I was just telling chat, “Link the tweet for everybody.” Yeah, this is a really cool tweet, but I think expanding on that is just—the that's going to be the theme of the cycle. I'm pretty confident in that.

I'm not exactly sure what cool stuff is going to pop up on-chain, but I know it's going to be around this general thesis. And the Robinhood guys kind of see the same thing, where you have memes and you have RWAs, and both of these things are vitally important to scaling a chain. They've never been combined before, so people are going to make a lot of cool stuff that combines these 2 things.

You tweeted this: “Robinhood versus Solana—the battle is going to be one for the ages.” People are all [__] hyped up about this. Obviously, this has been an ongoing narrative, a conversation back and forth, since Robinhood announced their chain. What do you like about both? What are each side's biggest strengths and biggest weaknesses? What do you see when you look at Robinhood versus Solana? Articulate this for us.

6. Robinhood Versus Solana

Solana's a lot more crypto-native. They've obviously been in crypto a lot longer than Robinhood has. I honestly like the Solana chain more than Robinhood's chain. I think they also have a larger network of builders who have been building in crypto for a long time, and they're a lot further ahead in that regard.

Can I interject? I just want your opinion on something. I don't know why, but it feels to me—it just feels, it's a feeling I get—that Solana just feels like the internet of crypto. It just feels like the internet. It feels like where everything kind of flows. It just feels the easiest. I don't know. Does this make sense?

Yeah.

It feels like the platform of crypto. I don't know.

Yeah. I mean, it's definitely where most of the activity happens, for sure. But I would say what Robinhood has a lead on Solana in is user distribution and owning the front end.

Solana as a backend is a great place for people to build apps on top of, but I don't think they really own the front-end distribution at the app layer. The Robinhood app is where everybody goes, or everybody trades everything, so they have a really strong grasp on those users.

With Solana, it's usually other applications that have a strong grasp on the users. There's not 1 place that you can go and be like, “Oh, this is Solana.” You have Phantom, you have Pump, you have JTX, you have Phoenix. A lot of those applications have their own siloed user bases, which is not necessarily a bad thing.

But I think Robinhood has a better grasp on the distribution. Because of that, I think you have to separate them. You value Robinhood more as a traditional business, and you have to value Solana as money, similar to ETH and Bitcoin.

That's what I meant, by the way. It feels more broad. Robinhood feels like a product; Solana feels like a platform. That makes sense.

Yeah. Solana is more like money because it's hard to fully capture everything that they provide for the apps building on top of their chain. But they don't capture it as directly as Robinhood captures the revenue from people using the Robinhood app. So it's a different way of valuing each, I would say. I like both; I think both are super strong. I like both.

Another tweet from the GOAT, Flood. Obviously, we preach this on the show a lot: If you're stuck in a current career path, there's never been a better time to try to understand as much as you can about finance and trading. I'm going to ask you: Is right now the best time to be a trader?

Right now is by far the best time to be a trader. You've never had as much access to every market, with the click of a button, as you do now. It's also the best time to learn and teach yourself how to be a trader. Whether you're trading on-chain, trading perps, doing options, or trading stocks, commodities, or crypto, you can learn and teach yourself how to trade.

I think you're at a point where you can pick and choose your spots, so you don't have to go all in on one thing. You can be a jack of all trades and learn how to trade multiple different markets at once.

For crypto specifically, crypto is in a place where sentiment is pretty poor, but you're starting to see some applications get a lot of traction and start doing well. In crypto, these apps are going to spend a lot on keeping their user base because they know they need to spend aggressively to keep and grow their users. But I also think crypto, in its own ethos, has been very focused on providing value to users, whereas traditional Web2 companies don't do that as much with their core user bases. If you're one of the traders using these apps or networks, you're typically going to benefit from that pretty directly.

With the Hyperliquid airdrop, that was generational wealth for everybody who was using Hyperliquid in 2023 and 2024. I think it's going to be similar for a lot of these mobile applications. If you're a good trader, making good callouts, calling trades, and getting rewarded for that, the trading volume that comes underneath you is going to benefit you directly. You're going to grow your platform and be able to leverage that into doing other things.

Also, owning a piece of the network as it grows is very specific to crypto. A lot of the most successful private companies in Web2 don't come out until very high valuations. Anthropic is going to IPO at, like, $2 trillion. If you're a power user of Claude—you use Claude every day, you've been using it for everything in your day-to-day life and at work—you're not going to get anything from that. Yes, you get subsidized usage of the product, but if you're a power user of a crypto platform right now and that crypto platform is super successful, you're going to own a large piece of that platform.

That's especially true if it's already tokenized and you see that revenue going directly back to the token, or if they do an airdrop and you get a portion of that, or if they're making a ton of money, making a lot more revenue, and sharing that with the core users of their platform. All of these are different ways that it directly benefits you as a trader in crypto right now. You don't even have to be trading crypto; you can be trading stocks or whatever.

A lot of these things have always been generally the more attractive parts of crypto, and what's so attractive about it. But to expand on what you were saying, I feel like there's this additional layer and opportunity to be successful as a trader because of all these platforms that allow people to trade in public. It's never been easier for a trader to build up a brand or a platform.

This helps exponentially in terms of opportunity and how to be successful as a trader, and what the opportunity of being a trader looks like today. It's pretty obvious that now's the best time. Did you see Min? He was trading this cyber-leak, GTA-leak shit in public—

He ran it up, and he lost most of it. We'll get into it, but Min is—

Oh, really? Is it down now?

A little bit. I think he was up close to a house—that was the whole thing he was going off of: “I'm going to trade this until I can buy a house with it.” I think now he's in profit by $50K, but it was close to $400K unrealized.

Which gets us into “take profits, not screenshots.”

That's true.

That's not a shot at Min, but it's something to always be cautious of.

Though “take profits, not screenshots” is a bar.

I genuinely feel like if you feel emboldened to take a screenshot, it's probably a good signal to take profit in that moment. It almost always works that way.

I can't ever imagine—I mean, there are way more instances where I'm like, “Fuck, man. I should have just sold there,” than, “Oh, I took a screenshot here and it went way higher.” You know what I mean?

I don't know. You know what's funny? It's also like that when you're super bullish on a position. When you first start buying something, you're like, “I'm not sure if this is going to do well or not,” but you take the risk yourself and don't want to tell other people to take the risk because you're not sure. It's a riskier position.

But when something is up infinitely and everybody's like, “Yo, I'm up a trillion dollars on this stock,” that's when they're like, “Yo, everybody else should buy this stock.” That's the funniest thing, because when people are most bullish and loudly screaming that you should be doing X, Y, and Z, that's actually when you probably should not be telling people to do that.

Oh, man.

So next time you find yourself taking a little FOMO screenshot or an Axiom screenshot or something, maybe just sell there.

Sell just a little bit. Sell a little bit.

We called this episode 1. We were both pretty bullish on Take-Two. Really cool to see Chris Camillo. He's an established, goated narrative trader and market wizard. He's been on The Thread Guy's show, but he's been bulling the shit out of Take-Two hardcore. The last time I saw him tweet this much about a ticker or a position, it was Amazon before Amazon's—

Big move up.

And he made a shit ton of money there. That was kind of his AI play. We got into all that stuff early in the show, but it's interesting. He—

Yeah, he just live-tweeted this as the trailer is coming out. Did you guys see the trailer, by the way?

It's long as shit, isn't it?

It's 3 minutes.

Bro, I pulled that shit up earlier. I was like, “Yo, no way. This shit is 30 minutes long.”

It's a full-blown movie.

What the fuck?

Full-blown movie.

Yeah. I mean, I think we have everybody more or less in the green room. I'm going to take a piss before this draft production. Do your thing and set it up, and then you guys can fucking do it. So, one person—who is it? Let me call his dumbass while I'm taking a piss. I'll be right back. Z, talk to him.

What's good, chat? What's good? What's good? What's good? How are we living? What are we trading right now? What are we looking at? Bro, please stop the spam. You have to stop the spam. What are my thoughts on meme-coin plays? You mean my top memes? Obviously, Anom is the strongest one for sure. I think Cash Cat is strong. I think AI is strong. I think [__] is strong. What other memes? Yeah, those are the main ones, to be honest.

This Phone shit is still ripping. Wow, I did not think this was going to rip this hard. Yeah, this ape-on-phone thing has been ripping pretty good. It's kind of like dogwifhat, but you ape on your phone. I think Rowdy found this super early. Outside of that, there hasn't really been that much moving.

I don't know.

Are we still waiting for this kid?

Who are we waiting on?

He's in the green room.

What?

Who?

Orange.

Is everybody streaming us live?

It's lit.

I mean, I think we told him that they could. It's fine. I'm ready to get—I'm ready to get—I meant, is everybody going to be in the thing with us?

Where the fuck is he?

Oh, he's in. Excellent. Amazing. Let me switch out this laptop.

Laptop. I need this fresh Stream Deck for drafting with this bad boy.

I think I should—yeah, you can unmute everybody. Do the thing—do the big thing.

Sick. Look at this.

Wow.

This looks good, man.

Damn. The gang's all here.

W production.

This is awesome, though.

W production.

Oh, this is crazy.

Wait, I fucking love this. This is awesome.

Wow.

And then I can go full cam on everybody. We'll do that as we draft.

Oh, this is good, man. This is good. Yeah, you guys crushed this, man. You guys crushed this. W production.

So, yeah, we did this little impromptu CT Invitational Polymarket $100,000 fantasy football league. I feel like nobody prepared for this. I know me and Z didn't. We tried to cram some shit in last night. Did you?

I swear to God, I didn't. I didn't look at all, bro. I swear to God on everything.

I got my board ready to go. That's all I'm saying.

I really do. Oh, no. Thread said there's 100 bands on the line, bro. I'm going to study for this shit.

You don't need to prepare when you have God on your side, chat. You don't need to—

I know Jake didn't study. There's no way.

God's on my side. No—

You have God on your side. You don't need to prepare.

I was learning, bro.

I'm about to go to NFL.com right now.

This is epic, man. This is epic.

So, yeah, let me give a little formal introduction to the league, the format, what we're doing, why we're here, and then we'll go one by one and get everybody a little introduction. This is the Polymarket $100,000 CT Fantasy Football Invitational League, hosted by myself, Ansem, and the Market Bubble team. We're hosting it all. I think all of us are live. It's pretty fucking scuffed, and we kind of threw this together last minute. It's a fucking $100,000 free roll.

I think we're doing winner takes all, but look at this cast of characters we have. Let's all give it up for the people in here, the production, and everybody. Super excited. You guys can unmute everybody, by the way. Everybody can be unmuted.

What we're going to do, one by one, is go through how we're going to draft. This is the order. Obviously, you guys already know me, and we'll go one by one to get everybody's thoughts on how they're feeling, why they think they're going to win, where they're coming from, and where you can find them.

Easy, introduce yourself, brother.

What's good? I'm Easy—Not So Easy Money on X, YouTube, everything else. I like to trade, and I know I'm going to win this. I mean, I'm a 3-time fantasy champion in my own leagues, and I want to actually call out Thread Guy real quick. Why is D's on your team?

Are you cheating?

Hey, I have to leave in 30. I need a little assistance on the draft in case I need assistance with my picks.

Don't worry about it.

I thought you were going to say “D's nuts,” to be honest.

I should have. I should have, but I just thought Thread Guy's drafting for you. You're so whack, bro.

I got a hard out. I have a hard out.

Autodraft. Ever heard of autodraft?

I got a hard out here.

Thread Guy's already cheating.

Me and Michael Cat talked about it. We're all green over here. Don't worry about it.

Me and Michael talked about it. We have a thing going on. We're good.

It's crazy. All right, that was Easy.

Clemente, you want to introduce yourself? Pick number 3.

Hey, guys, I'm Clemente. It's good to be here. By the way, you guys were talking about how easy it is to trade right now, and I was like, “Yo, it's the easiest time to trade.” No, it's not. I would love to make this $100,000. I need it. So, I'm excited to be here.

When your co-host is Ansem, it's pretty easy. We're on easy mode over here.

Awesome. Clemente, thank you for joining us.

Orange, you've had your fucking hand raised like we're in—what's good, brother?

Brother, you were the last person here.

You're the professional streamer, bro.

Yo, yo, yo, yo, you ruined the last bull run. Wait, hold on. What sport is this? I have no idea what sport we're doing.

Soccer.

Football.

Troll. You're trolling, right?

Football.

Football. Football. NFL. Football.

NFL.

Okay. Okay. Okay. I've never done this. First time ever, and I'm going to beat you guys. I'm a fucking pro fan.

Oh, this is hilarious.

I don't think Trader Mayne knows about this over there in Canada.

Sandbag Andy, for sure, is the most prepared out of everybody. And he's got—

He's got Tom Brady behind his screen helping him.

On my dog's life, I don't know what the NFL is. I can't name you 5 NFL teams. Eagles, Dolphins, Patriots, Warriors—

You just did.

I said Warriors. Oh, no. Oh, no.

He's slow-rolling us. I don't believe it.

100%. 100%.

Rasmer, you've been on a heater. I know you prepared for this. I can already see it—visions manifesting this WSOP thing. I feel like you have the most to gain, to be honest. How do you feel? Introduce yourself. Where's your hat?

What's up, guys? Yeah, no prep whatsoever. But I did hit 7 all-ins in a row on the WSOP—0.5% chance. So, no prep needed when you are chosen by God. Okay, I'm taking this $100,000, and it's going to be—

Guys, I don't have an Ansem full-screen production, just so you know. But, Ansem, talk to him. How are you feeling?

What's good, y'all? I'm Ansem. I feel like y'all know who I am. I'm Ansem. But, yeah, I love football. I'm usually terrible at fantasy football, I'm not going to lie. I think I've won a league maybe once in the past 10 years, but I play every year. I'm always in a ton of them. So, we'll see. Go Birds.

Some technical difficulties. Sorry about that. Who do we got next? Trader Mayne, let's go.

Talk to him, baby. Introduce yourself.

What's up, y'all? Trader Mayne here. We don't have the NFL here in Canada, so I'm going to do my best. I'm the oldest person on this entire fucking stream, so I'm excited to show these young kids what's up.

Amazing. Cool. Thread Guy, talk to him.

Yo, I'm Thread Guy. Excited to be here. I just want to say shout-out production, by the way, because I have production, and it does not look like this.

So, shout-out Market Bubble.

Market.

Shout-out Luke. We love you, Luke. But this is professional shit right here.

Jakey, fucking mode. Talk to—

Thank you for having me. I'm in Mayne's boat a little bit. I'm Canadian.

You're in a shed right now.

We do hockey up there. No, I'm in the garage, but I've been filling out the garage with new toys. Facebook Marketplace has become my bear-market thing.

If I'm going to beat anyone, it's going to be Jakey for sure, by the way.

No, no, no. Listen, listen. I'm not beating Jake in a boxing match.

That was not a boxing match, bro. That was not a boxing match. There's a weight class for a reason, but—

I beat his ass. You're next. Listen, it's the organized violence to it.

Has to box Ansem.

I do want a rematch on that, but I stayed up late studying, and I have a good team in my corner helping me study late last night.

So, you guys all came just ready to cheat. You guys all have additional help. This is crazy.

Sounds good. I have a little smoke. I'm letting you know right now, I'm getting smoked.

No Birds.

All right, Birds. That's all 10 people. Obviously, it's as scuffed as can fucking be.

Without further ado, let's get into the draft and see where we all land. And good luck, gentlemen. Before we do that, though, can we get a gentlemen's agreement? Can I go ask Polymarket if we can get a billboard, and the absolute last-place finisher has to do some sort of shoot in a fairy outfit—with wings, glitter, the 9 yards—and do a Polymarket billboard for the four of us? For this?

Oh, and we'll lock in. We'll lock in. We'll lock in.

What do you mean, we'll lock in? We got, like—

Okay, we got some nods. That's what we're doing.

So, first place—it's winner takes all. I mean, if you're in the finals, you guys can come up with some sort of arrangement if you want. We'll get to that when the time comes, but it's $100,000, winner takes all. Thank you again, Polymarket. The loser is going to have to take a photo in a fairy costume, and it's going to be on a billboard somewhere in Times Square or fucking Sunset Boulevard.

Without further ado, let's get the draft going. Let's start.

I'm excited.

How did you get 1st, bro? This is rigged. What is this? By the way—

I'll trade it. I'll trade it right now with Thread Guy or Jakey. Offers on the table. 30 seconds. I'll trade it right now with either of you.

You're trading with D's.

No. No. Not 1-for-1. I get your order. I get the 9th spot. I get the 9th spot, you fucking idiot. ChatGPT picked it. It couldn't have been more random.

Exactly. Exactly.

Arguably better.

No, fuck. That’s my entire point. Okay, it’s 30 seconds.

30 seconds.

Okay. Well, you can pause the draft, Michael, if I need you to.

Where do I go? How do I get in here?

Yeah, no pause.

No pause.

All right. Taking Jahmyr Gibbs, obviously.

Bro, I am not the obvious one. Two. We’ve got Clemente on the clock.

I just want to say the third pick is the worst. Ja’Marr Chase just got injured. Puka Nacua is a lunatic. Number 5, McCaffrey.

I had dinner with Puka 3 nights ago. Pick him. Trust.

How does he look?

He looks fucking amazing.

What did he eat? How’s the diet? Dessert?

Baseball mints.

Yeah. What was that? A high-calorie dessert he wants to eat.

Michael, can you mute these guys? I’m trying to focus. I’ve got D’s or Thread Guy. I don’t know who it is at this point. They’re talking in one ear, talking about his dick. I’m trying to draft. Please. Okay, I’m going to take Ja’Marr Chase.

Amen.

Really?

We’re just asking ChatGPT.

Oh, he’s like, “Who is this person?”

I just pick the coolest name. Jalen Hurts’s name looks pretty cool.

Tom Brady is pretty substantial in the league, though.

Pick Drew. Pick Drew Bledsoe.

Can you guys stop? Let me lock in.

What are you locking in on, though, brother?

You guys can’t be taking a minute. Okay, all right.

At 12 p.m.—12 a.m.

All right, fine. I’m going to go with—wow. Yeah, my boy. I know this guy, so it’s all good.

Interesting.

Fight on. Fight on. Amon-Ra St. Brown. Fight on. I’m from L.A. It’s a no-brainer. Puka Nacua, thank you. Go Rams.

I like it at 5.

Damn. I like that pick, too. Puka’s a dog, bro.

Beast.

Is it on me, Razmer?

You’ve got to actually pick him. You can’t just say it out loud.

You’ve got to actually select the guy.

Who do I fucking want, bro? McCaffrey is nice as fuck, but he always gets hurt.

By the way, it’s important to note that this is a 3-wide-receiver league, and it’s half-point PPR, so there’s an emphasis on wideouts. Wideouts definitely hold a premium in this structure. Typically, standard is a 2-wide-receiver league, so it’s 3 wideouts and 1 flex. Everything else is pretty standard. It’s half-point PPR, so you get points per reception for every catch. Wideouts definitely hold a premium in this format.

3 wideouts, 1 flex, 2 running backs. You said 2, and I was like, “Hold up.”

Oh, did I say 2 flex? No, 1 flex. Sorry. 13 seconds. Z.

Wow. I like it. You had to.

I expected that out of you, to be honest.

Holy fuck, reach, bro. Jesus.

Holy. Well, he wouldn’t have fallen to him.

That’s what I was thinking, too.

I feel like Z is just going to take every Eagles player he can.

No, not every one. Not every one. Saquon—I had to.

I’m going McCaffrey.

I wanted to, but he’s always hurt.

I’m kind of—yeah.

I mean, he’s always hurt.

He’s just at a wedding.

You really just let me do this? This is crazy.

Yeah, it’s crazy.

Wow.

Yeah, that’s a fall.

Wow.

Someone is suffering on that, bro. Holy fuck.

That’s a fall.

Jake, you have a pretty strong 1-2 here, I see. I wish I had this fucking 1-2.

I’ve seen him in commercials.

Yeah, that’s cool.

I like that.

I’ll take it.

You’ve got another pick.

Yeah.

You said, “I’ve seen him in commercials.” Now, that guy’s a beast. This is a cool name: CeeDee Lamb.

It’s 3 wideouts, too, brother.

J.J. and CeeDee, 1-2.

Yeah, I fuck with it.

Fuck.

I like that a lot. That’s strong.

You guys really want me to win this league, man. I wasn’t going to take it that seriously. Jar picked Jonathan Taylor. Got it. TJR is on the board. He’s not here currently because he’s at his gay uncle’s wedding. That’s a true story. All right, I’m going to take A.J. Brown off the board. I’m going to take this guy here.

All right. Not going to lie—

If this was 2020, you would have the fucking greatest 1-2 in history.

I love that. Who picked A.J. Brown? Who picked A.J. Brown for TJR?

I mean, he picked it. He—

Oh my God. Are you fucking kidding me? Fuck you.

I think A.J. Brown’s going to go crazy this year.

God, fuck. That was like—oh, man. Okay.

Evan Engram and Drake Maye are going to go absolutely bananas.

Yeah. Yeah.

I mean, dude, honestly, bro, I just have to go Derrick Henry, bro. Oh—oh, fuck. Sorry. Damn it.

Sorry, bro.

Oh my God. Okay. I don’t want Ashton. I’m going Kenneth Walker III.

Really good 1-2, Raz. I think it’s a really good 1-2.

How was my first pick? Going to you, bro. How was my first pick? Is he good?

Yeah, he’s good. For the Lions, he’s good. He’s our number 1.

Going Jared. This guy—Josh Allen.

Josh Allen off the board.

Bro said Jared.

Josh Allen.

Jared from Subway. He plays for the Bills.

All right. Do I do it? Do I just take Ashton? How bad is the injury? He didn’t tear something, right?

I don’t know. I wish I could tell you. I really don’t know.

Chase and Jeanty—you might be 0 for 2, brother.

Just put all your—

I’m going to have to poach D’s from Thread Guy. I’m going to talk to him right now. I’ll split the pot with him. Whatever Thread Guy offers, I’ll give him more.

Jeanty here is a reach, brother.

Oh my God. All right, I’m going to pick right now. I’m going to take Jeanty. Let’s go, baby. Come on. Come on.

Crazy talent. Supernatural human. Drake London with these 2 guys on the board, man. This is crazy. I have to do it, though. I have to fucking do it.

Easy on the horn.

He’s calling the head office right now, bro.

Brown.

Who the fuck is Chase Brown? I don’t even know who that is.

Chase Brown.

Chase Brown.

He’s fucking Christian McCaffrey lite.

Oh, fuck. It’s back up to me, rookie.

All right.

Wow. Brock Bowers is 22nd projected.

Yeah, that’s fucking—they’re on crack. Whoever’s making these projections is high as hell. There’s no way.

“George Pickens has a standout camp as he continues his Cowboys return.” All right, George Pickens, that’s you, dude.

Let’s go.

That’s a good pick. Honestly, I think George Pickens is the best receiver on the Cowboys. Brock Bowers is kind of crazy. Ansem, you really have no idea who any of these guys are.

Or you want to get in that billboard so bad.

I have no idea who any of these guys are.

Just got him to the billboard spot.

That’s insane.

He’s going to use it to shill his FOMO ref. You need a running back. I would suggest—

I feel like you guys forget I’m not American.

What does that have to do with anything?

I don’t want—

Neither is Trey. Neither is Maine.

Neither am I.

Oh, or Jakey.

Whatever.

Can Raz get the floor? Okay. I was going to pick George Pickens. I think he’s the best receiver.

I think Clement is American.

I’m going Brock Bowers. Thank you.

Fucking hell, man. Who the fuck do I want out of these fucking people on this board? Rice.

Rice.

Go Rice. Right.

I guess I’ll take Nabers, then. I wanted Rice, bro. I know exactly who Thread Guy—or D’s—is going to pick.

What do you mean?

My guy just got off the board, bro. Treman got some inside info.

It was easy on the phone.

I’ve got some connects across the border.

This is awesome. By the way, thank you guys all for taking the time. This is sick.

Thank you for the invite. Oh, really?

Where even is this kid stealing my picks?

I didn’t know Thread Guy was this good of an actor, by the way.

Oh, that’s why I picked him. I didn’t really watch. I’m a Jets fan. Dude, there’s 1 player to pick here, man.

The floor is at 24 mil. What the fuck happened?

Shilling. I mentioned it. I mentioned it 15 minutes ago.

Oh my God.

Love the pick. P.G., you like it?

Breece Hall. I hate that pick. It’s horrible. This is where you fall apart. This is where you fall apart.

Damn, Breece Hall. That might be your downfall, man. That might—

Yeah, look at that lineup.

Williams first.

Fuck.

Damn. I’ve got to go twice. I mean, dude, I don’t like when it’s full cam. I’m sitting here like, my guys are getting picked left and right.

Bro, who’s got the oil barrel in the background?

Love it. Love the oil barrel.

George Pickens really might fall to Raz. He’s going to— That’s crazy.

I took Pickens.

Oh, did you?

He took Pickens.

I could see Raz taking Cam Skattebo because they overlap in their personalities.

Wow.

Jeremiyah Love just got picked. Yeah.

Oh my God.

Yeah, I could see Raz taking Skattebo because they’re both dumbasses.

If they both have 1 brain cell—

It’s more than degenerate behavior. But listen, you guys are just throwing stuff out there, I guess.

Thank you.

No, you said it, bro.

I just got the call.

You said it, bro.

Oh, no. You didn’t have to do that, bro. You didn’t. You didn’t have to.

I got the call, bro.

He’s going to have a monster year. I can tell you right now, he’s going to have a monster year.

I think you just slam on him for over 1 touchdown every game. I literally did that with Adams years ago, when he was still in Green Bay. I almost never lost.

Yeah.

William Ansem, are you rocking an Oni Force PFP right now in this?

Damn, that’s wild. Wow. I am.

You need a—

Damn, that’s from way back. Holy shit.

Holy shit.

That’s insane.

The Oni Force floor is pumping right now.

Yeah. Buying an Oni Force right now. The floor’s giga-sending right now.

Who do I want here? I don’t really like any of these options. I hate everyone.

Kyren Williams, Josh Jacobs.

Watch Raz.

Thank you for the watch, bro. Thank you for the watch.

Someone’s going to get Lamar. That’s the thing. I should just get Lamar so I don’t have to think about quarterback.

I like Lamar.

Lamar, yeah.

Damn, I like that reach.

I like that reach.

Is that a misclick?

No, it was a good pick.

Is that a misclick or a good pick?

What position?

Running back.

You need 2 running backs.

Yeah, I really liked Kyren Williams and Josh Jacobs. I’m going to go with Josh Jacobs.

I think you should just become a defensive-heavy team. Get 6 or 7 defenses.

Six? Are you calling me heavy?

Pieces.

That’s fine. I lost a lot of weight. I hope you know that.

No, no, I know you did. You look good.

You actually look incredible.

Orange, no.

Google Josh Jacobs and click News.

Josh Jacobs news. Oh my God.

Orange is definitely in last place.

I mean, that’s not that bad. Kyren Williams.

Oh man, I actually hate this pick. Do I take Skattebo?

Yuck.

With half a leg and no brain cells? This is a terrible pick. I don’t know. I don’t like this position. Okay, I’m going to reach a little bit for my boy.

Wilson. Jaylen Waddle.

That is a killer duo.

What the fuck was that?

Banks, that was fire. I’m not going to lie, that was so tough.

I think Jaylen Waddle’s the most mispriced person in fantasy this season.

Yo, Banks, that was such a fucking fire duo, dude. I mean, are you Matthew Berry, dude? What a duo.

Oh my God, Banks, are you a goat or what?

Oh, fuck.

Fuck.

Thank you, Raz. Thank you.

The best team so far. You guys are psychos.

I low-key like Maine’s team, I think.

Bro, we’re cooking something, man. You see they renamed Lake Ontario to Lake America today?

I’m about to get my get-back.

It’s not true, right?

No, it is.

No, Trump signed it in the Oval Office today. It’s now called Lake America. That’s gangster. I can’t lie.

It’s insane.

Don’t pick Orange. I’m going to tell you who to pick.

Hilarious.

That’s crazy.

You’ve got to do the thing.

Oh, fuck, it’s my pick. What the fuck?

It just auto-drafted.

Oh my God.

Skattebo’s undervalued. Get him.

I feel like I have to take him.

I’ll take him. I’ll take him.

Pick DeAndre Swift.

Wait, I have a serious question, guys. I just saw the Josh Jacobs news. I just read into it. What happens now? Do I get to replace that player?

Is he out for the season? Is Josh Jacobs out for the season?

No, I looked it up, and it said property damage, but supposedly he beat his girl.

It’s all good. You’ll get a little fine. You’ll be fine. Draft DeAndre Swift. He went from, like, a 6-game suspension to playing opening day. It’s just how the NFL operates.

I got DeAndre Swift.

Good decision.

Zay Flowers. How injured is he?

That shit sucks, bro.

You don’t like Zay Flowers?

He’s awful. He can’t catch.

I don’t like watching him play, to be honest, so I’m going to—

He’s a receiver with no hands.

He took DeAndre Swift. Fuck.

I would never take a Ravens receiver. That’s tough. Let me do—

Raz, are you out in 2 minutes?

I—oh my God. Sorry.

A couple more, like 5.

Got to go. Zay, fuck it.

That’s going to bite me, bro. I hate Zay Flowers.

Don’t do it, Zay.

Yeah, he’s awful. Don’t do it.

Who do you not want me to pick so I can pick them?

No, I know who you’re looking at.

Who do you not want me to pick so I can pick them?

Don’t take—let me just scroll down the list here.

Okay. Actually, I’m happy with that. I’m happy with that.

I like Jameson Williams a lot, actually.

I was going to go Scary Terry, but I don’t believe in the Commanders. Same with my boy—this guy friended the show, by the way—DJ Moore.

DJ Moore.

I thought you were going to take Terry for sure.

Yeah, I was. That was the other—

Drake Maye.

Wow, that’s a pick.

What the fuck? You’re a—

Worst pick. Worst pick of the draft so far.

That’s a pick.

I mean, that’s a lot of belief.

The worst pick of the draft. That’s a lot of belief right there.

He’s got the A.J. Brown–Drake Maye stack. I’m not mad at it.

I’m mad at it.

We’ve got to hit some Pats games, Tyler.

I wish he was here.

The Eagles-Pats from the Super Bowl.

All this is missing is Kimchi and Gunna.

Bro, Kimchi with Gunna on Instagram.

Crazy. I was shaking. I almost threw up.

Yeah, I know. I was like, this picture is so rare. He’s going to be at Mar-a-Lago with Trump next.

But I got dinner with him, believe it or not, 3 nights ago, with TJR and Zack Bia. Sky Bri walked in with Gunna, MPJ, and Steiny. That’s a true story. Steiny started asking him to be on his podcast. It was insane.

Such a funny combination of people.

It was insane. It was insane.

I keep forgetting.

Guys, your team sucks, by the way.

I have the best team on this board by a significant mile.

Not even close. Ask Dez right now, in real time. I want to see the look on your face. Ask Dez what he thinks about my team.

I have the best team in this. It’s not even close.

I want you to ask Dez what he thinks about my team.

By the way, the goal is not to be last, and we have Orange, so we’re okay.

Oh, you guys—

Jesus.

Tucker Kraft. Mac and cheese.

Dubs. What the fuck is this guy? Joe Burrow, what do you think?

Thanks. What do you think?

Hey, my Twitch chat, what do you guys think? Joe Burrow.

I got you there. Thank you. I just won the draft. Thank you.

That’s a good pick.

I know it’s a good pick. He fell. Davante Adams low-key fell as well. The Kraft pick’s nuts, though. Is Metcalf that washed? I don’t know. I haven’t heard his name in a long time, though.

At the end of the day, he’s DK Metcalf.

Freak of nature.

How old is he?

He’s getting there, right? 30.

If 30 is old, bro, you and me are done for. He’s 20.

Yeah. I don’t know if you’ve opened up Twitter in the last year, but yeah, that’s exactly what it is.

I’m the youngest here.

I’m going Terry. Terry McLaurin. Scary Terry. We’re all locked the fuck in, huh?

No, not at all. Not even a little bit.

Everyone’s just too locked in right now.

I don’t know, bro. I think I got a pretty nice little squad here, dude.

Jakey, how are you feeling about your team?

Good.

Oh, I’m just picking names, brother. Names that sound good.

Is this real?

I went with Kraft because mac and cheese.

Yeah.

Bro, what? Thank you. Okay.

RNG, you’re on the clock, in case you didn’t know.

I did not know. Thank you. I’m just looking at new players.

I’m actually—

You just bought a phone, bro.

I just bought a—

That’s really, really funny.

Or did you get LeBron?

Oh my God.

Put the GOAT on the board.

Is there actually someone named LeBron?

No. I wish.

Oh God. Okay, okay.

I would have to draft him for sure.

I genuinely know this guy. I know him. Xavier Worthy. I know that guy. There you go.

That’s a nice pick, Orangey.

I’ll swing back when it swings back around.

Did you pick Loveland, or did you pick—?

Loveland?

Who was it between? You were going for—

Burrow.

I think Orange is going to swing Tristan Thompson on the way back here.

Dude. Tristan Thompson and LeBron on the same team. Shades of 2016.

Got my LeHennessy right here, always by the desk just in case.

Oh, I didn't mean to take him. No.

Did you actually legitimately not mean to take him?

That's not a terrible thing. That's not a terrible thing.

Clicked.

No, it's fine. It's fine.

They've got the electrical substation.

Jalen Hurts, huh? Okay. I think Jer's going to have a monster here.

So do I. I was hoping he fell.

Interesting spot.

This is a very interesting spot.

I might just have to do this. Fuck it.

Quarterback?

Isn't it a 1-QB league?

It is.

It is, Rasmer[?]. So why the fuck did you do that?

Daniels. He played—

Because if I take 2 top-10 QBs, one of you guys is going to be forced to deal with 11.

Decent variance.

I mean, they're just far more valuable than anybody on the board currently. I'll trade 1 of them. Fuck it.

Okay, that's pretty good.

Or stream them. I don't know.

If you trade it, it's good.

I'm not interested. Let me get in front of it right now. Banks, I don't fucking want him.

You weren't going to be afforded the option anyway.

Oh, fuck, bro.

No one wants Bucky.

Stretch.

Bucky.

Bucky. I actually like him.

So do I. He comes up with these projections.

I feel like these random-ass people are ranked way higher. Like, way higher.

Yeah, Bucky is incredible here.

I'm going to keep it a buck.

Oh, fuck, it's my—okay.

Keep it up. Keep it a buck.

Yo, Thread Guy, can you ask D what he thinks of my next pick?

Yeah, sure. Psych. He said—Caleb Williams. He said, “Wow, Brian Thomas.”

Damn. Really? Good pick, Orange. Honestly, pick Bucky.

The issue with Orange's squad right now is that it's a 3-wide-receiver league and he's still only got 2 wideouts.

I only have 2 wideouts as well.

True.

You got Breece Hall, so you can't lose.

What do we think about Parker Washington, chat? What do we think about Parker Washington? Let's reach. Fuck it.

I like that pick.

This has me really fucking up my whole draft here, man.

Fuck me. Who do I fucking want? I need a QB, low-key.

Thanks. You took my quarterback.

That was tough. That was tough.

All right, brother.

That was tough for me.

We can talk about it. You have 4 wideouts.

That was tough.

I think—I mean—

I don't really like—

If you want to trade for Jalen Hurts, I could probably do Patrick Mahomes and a bag of ANOM.

I mean, we definitely have something to cook up. Don't be too worried about it. It might make sense, you know.

Yeah. Yeah.

Percentage of Ansem and Jay[?].

Oh, I've got—I’m going to make hella trades this draft. Watch.

Oh, man, we're going to make some—

The draft board is just filled with the ANOM ticker.

It's like a bonus—a bonus on the trade page.

All the trades are like, “I'll trade you this player and 300,000 ANOM.” Oh, man. Fuck.

Damn. I still need a—

I'm still waiting on my airdrop, bro.

Next round, I got you. Next round, I got you.

Anderson.

Damn. Who do I—

Yeah, I'm winning this league.

Ah, if Marvin Harrison Jr. learns how to play football—if he remembers how to play football—you're winning the league right now.

Yeah, that could be the one that fucks up your team's ass.

Hey, I got to dip. I have to go virtual on this. I love you guys. You're the goats. First place. Figure out if it's a wire or if it's crypto, however.

Wait, you're just going to auto-draft or what?

No, no. I'm on my phone, but I have to get in the car.

Okay, cool.

Let me know if it's a wire. How are we doing this, Banks?

Bye, Thread.

Bye.

Bye, buddy.

Bye.

Very nice picture they put up of him.

Thread Guy's auto-drafting, by the way.

Would you guys like to converse while we wait? Anyone?

Yeah. TJR, where the fuck are you, man?

Ceremony.

Is that a wedding?

The kiss is happening. You can't miss it.

All right, we're going with the guy with the goofy-ass warmup that I just see in all the memes, bro.

Oh, with the Cowboys guy. Oh, Dak Prescott.

Bro called him “the guy in all the memes.” That's crazy.

Got good hips.

Great hips.

I thought you were talking about Mack Hollins.

He doesn't wear 2s. What kind of filter does Thread Guy's profile picture have on here?

Is there something wrong with Jadarian Price that I am unaware of? What's going on here, man?

No, there isn't.

This is the most obvious pick of the draft.

You want the real answer? As a Seahawks fan—okay, well—

Yeah, give me the real answer, though. What's the deal with him?

The backup is a rookie. The backup QB last year was competing for touches with what was basically the best running back on the team before he tore his ACL. So it could be nasty, apparently.

Oh, thank you. Thank you. Thank you.

Is this the first Seahawks running back that's been picked?

Yeah.

Okay, I think—yeah.

What position do you recommend I get? Wide receiver?

Carnell Tate is at the top of the board. Wideout for sure. You have 2 wideouts in a 3-wideout league.

I've heard the name before, so I'm going to go with this guy instead.

I don't hate the mid pick.

You like it?

I'm not mad at it.

I don't hate it. Carnell Tate—is this guy a rookie? He's 21 from Ohio State. How good is this guy at Ohio State? Number 4 overall pick.

Fresh.

Who's the quarterback? Who's the Tennessee quarterback?

How could you not want him?

This is high-risk, high-upside. I'm going to take him.

Give me Carnell Tate. Brian Thomas.

Oh, you absolutely smoked me.

Brian Thomas.

I'm going to have to reach.

Give me Brian Thomas.

You know what? Fuck it. It's on you, brother. God, I hate taking tight ends right now.

Harold Fannin.

Disgusting.

Harold Fannin Jr. could be on the verge of a superstar breakout.

Got Deshaun Watson throwing him the ball. How could you fade that?

Dude, I thought it was Sanders throwing to him. Fuck, 30 seconds left. But everyone else here is bad. Chuba Hubbard. Chuba's injured. I don't like that. All right, Harold. Don't let me down, dude. He's so mid. He's so mid. Who else? Anyone else? Rico, R.J.? No, I'm going to take Harold. He could be so bad.

Awful.

Let's see. What do you guys think I need now?

Let me look at your team.

You could do 1 more wide receiver, I think.

Yeah, get a wideout. Get a wideout.

Someone took Tucker Kraft already.

Yeah. Everybody's locked in.

Yeah, for real. What are we doing?

Hyperliquid is almost 90 bucks today, boys.

No, we're so back. The market's back.

Great fucking coin.

Greatest of all time.

You guys know trading-bot volume is 10x from the June lows.

10x.

10x'ed from 50 million in June to 500 million today.

Damn, what happened in June?

Bitcoin hasn't even broken out yet. That's the best part.

We actually just need a couple—we need a few coins to go to a billion. Hopefully Anom is one of them, you know?

There's this new anti-AI mascot called Zoe. It's pretty fresh. I don't know if you've checked it out, Ansem, but it's pretty cool.

Are we dead?

Someone texted me this coin, actually—the Zoe coin.

I'm not going to lie, the first coin I bought on a social-trading app was Anom, and I think I'm up 3x. I downloaded it on my phone, put about 25 grand on it, and it tripled in 2 weeks.

That's good. Let's go. Wait, did you buy the Zoe coin, Ras[?]?

Deep in it, bro.

Oh, you're deep in it, isn't it? Isn't it under 5 million right now?

I think it's like 2-something. Give me the shill. What is it?

Anti-AI mascot. People hate AI art, so instead you should pick up a pencil and support real artists. It's kind of a movement for that, so, you know—

And you own 1%?

No, I think we can candle it. We can candle it right now if we want to.

Bro, the fact that you've even said those words in combination, I'm sure it's candling already. I have FOMO to just fuck around with it, and I accidentally bought about $500 worth of a $30,000 market-cap coin, and then immediately my phone blows up. Everyone's like, “Ansem's buying Jitters.” This thing went immediately to about 2 million. I'm like, “I'm a fucking—” So I don't know how you do it, bro, because I accidentally pressed this thing and it was over.

Yeah, bro. Have you watched Sented or any of those guys stream?

Yeah, I was watching Sented today when you tweeted him.

I felt fucking crazy.

I felt like I was watching the movie Uncut Gems. I just felt uncomfortable.

Bro, that shit is nuts, bro.

Dude, I'm not—I'm too old for that. Quite literally, I think I'm too old.

No, me too, bro. It was lit, though. I watched him do that shit for a couple of hours.

You were watching Sented trade?

Yeah. I was watching Sented trade new pairs. I think he said there were 15 people in the room with him. I could hear them all in the background. They're all trading this shit at the same time—every single new pair that pops up.

That's literally how I used to live when we were just tracking you on CT. How the fuck do you make the decision to be like, “Yeah, I'm going to hold this coin”? I'm watching them, and they're in and out of coins in milliseconds—literally milliseconds. It's crazy.

I mean, it's like, what catalyst can come in that short-term time? That's what you're really looking for.

It's actually a real trading style, bro. I mean, it's like—

I want to learn. I'm going to come down to Florida, bro. You're going to teach me. You teach me.

I'll show you how to leverage trade. We can—I mean, we should do a new-pairs stream with Clux.

Dude, I would love to.

But you guys should actually record this on a video—not a stream. Do this as a video. That'd be so good.

I'm down.

“See you guys. New trench against [?].”

It left me with Chuba and Harvey.

Chuba Hubbard. That's an all-time name.

It's a great quarterback name, actually. Not a great running-back name.

No, but, I mean, what a fucking name, bro. It's one of my favorite skits from Key & Peele—the football player names. I'm like, bro—

Yo—

I copy-traded you today, and I lost money.

What?

Um—

Bro, that's so ridiculous, bro. I round-tripped so much, bro. That was ridiculous.

Cupsy?

Yes, bro. Cupsy made $100K on my head, and I lost fucking $15,000.

Yeah, wasn't I crying about my P&L? I saw him send because he was holding like 4% of the shit.

It was—it was a—

There was another coin that vamped it.

Yeah, bro. That's enough to get $100K out. It's Cupsy, bro. So funny, bro.

I was up for a little bit, though.

Yeah, me too. Me too. I—I—I got AIDS.

Do you genuinely think—oh, you're up. I'll let you focus first here.

No, no. I'm going to random-pick. Just ask. Do you think that these guys, like Cupsy and Sented and stuff, would be as good at what they're doing if they weren't doing it on tracked wallets and shit like that?

I'm going to tell you something, right? This was a narrative people spread so much.

I don't know. Genuinely.

Yeah, yeah, yeah. Genuinely, Cupsy was already up like $1M before anyone knew who he was. Then my friend hit me up and was like, “Yo, you should get this guy into your chat.” I was like, “Okay, bet.” Bro, he was already generationally up. When Cupsy got drained and had to go on a new wallet, he never tweeted what the wallet was. People just found it because of his trading style. He was already up. I think the narrative is a little far-fetched, in my opinion.

They're actually good, bro. They put in 20 hours a day.

There are people, I imagine, who are farming their followers, but it's just like anything, bro. There are people who are fucking scamming and people who aren't. Sometimes it's hard to tell the difference, you know?

I kind of view Cupsy as an aggregator, right? He basically aggregates all the new pairs and distills them down and filters them into a smaller amount. If he's getting a cushion from copy-traders, it's kind of like his rake, but he's basically like a feed. You follow Cupsy's wallet, and it's like—

So, if he's—it's better than the random shit you might see on the home page.

Oh, no, 100%. 100%.

Perhaps. Yeah.

Bro, I just have my wallet tracker up right now. I'm not looking at new pairs, but I'm looking at who's in the coins. Literally right now, let's see: it's Sented, it's Clux, it's Cupsy, it's Cooker. I'm just looking at who's in the coins, and if they're all in something good, I'll look at it. But I don't want to scour new pairs. That shit's boring to me.

What are they in right now?

What are they in right now?

Some $17K market-cap coin I'm not going to say the name of. That's so insane to me, dude.

That shit's crazy.

But this is what I'm saying, dude. I was on FOMO. I didn't even tweet out that I was on FOMO, so no one even knew. I bought what appeared to be $500.

You know how many there are on your head, though, when you do that?

Well, this is a $30K coin. I bought $500 worth, and it immediately went to $1M. How can these guys not be, you know, aping a little bit?

No, the thing is, you're Trader Mayne for the first time, bro. When you're trading enough, people are going to be like, “All right, Ansem's just fucking trading. It's not like he's going to send this.” It only went to $1M on the speculation that you were going to back this coin.

I know, but now I can never sell this thing or talk about it because people will think I'm a piece of shit. My $500 became—it was like a 30-bagger in 5 seconds. I was like, “What the fuck?”

Yeah. You can just ignore that trade and go buy 10 or 20 more coins. People are eventually just going to be like, “All right, Ansem's just fucking trading normally,” and then that's it, bro.

Okay.

The way I look at it, bro, is, if Cupsy were to run out of copy-traders, right? There can't be fucking new people copying your trades every day.

Yeah, it's true.

I mean, last cycle I refused to touch anything that wasn't at least $100M. But with how many meme coins I think are going to be a focal point this cycle, and with social trading, I feel like I'm missing out on part of the fun by not fucking playing the game.

Yeah. No, I mean, plus, I don't think we have many memes that go to $100M nowadays. Think about how many good memes there are that are only, like, what? NEET hit $50M today, and that's a coin with a generational community. I was looking at that on-screen. It looks pretty good, dude.

Fucking TUMOR at $10M. What are we doing?

Well, dude, those memes are pumping in the actual—

Triple T, bro.

Toom.

ANON is the best fucking meme on the entire blockchain.

All right.

But to me, I feel like Anom becomes like Solana. That's the baseline. When ANON's pumping, you know memes are going to be pumping. You know what I'm saying?

It's true. Yeah.

I think it is true.

Because the moment all the meme coins I was watching started going up was when Anom went from $150 to $300 again.

Oh my God, bro.

Bro, send that shit to $100M.

You're, by the way, you're—

How do we feel about the Robinhood chain? Outside of Cash Cat, there's, like—there's going to be a dog, bro.

There is a dog.

He's soft. Vlad's soft-shilling a dog as hard as fuck.

Cash has to go to $1B first.

I like Robinhood a lot. I think Robinhood is good for the novel on-chain experimentation stuff. A lot of the EVM devs missed out on a lot of the on-chain speculation stuff last cycle because a lot of the L2s did not do really well. But now they have an L2 where Vlad is heavily supporting it, Robinhood is heavily supporting it, and I think a lot of the ETH whales are more on board with the on-chain meme stuff. So you're going to see that, and then—

Yeah, I think the memes on Robinhood are going to do well, too. There's got to be a dog, bro. There's got to be a dog.

There is a dog.

There's a bunch of dogs. But which one is he going to add?

And some—I'm like, can I buy it when he says it? Am I allowed to fucking ape if he fucking says it right now?

Oh, that's insider trading, bro. You'll go to jail immediately.

He knows what I'm talking about. I already mentioned it earlier on the stream that I did. But, Ansem, are you worried about them listing it solely because of the RWA tied to it—like issuing the security side of it?

Um—

That's been my main concern.

I'm not sure. I mean, I know that they've—I feel like they've been so loud about supporting both things together. But it is true they're only offering it for certain countries and shit. I'm not sure.

Dude, I think I'm in the wrong dog coin, but I think my dog coin is actually the right dog coin. It's got the thickest LP, bro. Wait, man. What's your—

Which one is it?

On FOMO. It's just Trader Mayne.

Take it back.

It's like edging. Which one is it here?

I'll say it. I'll say it. He says it.

It's number 1 and number 2 on the chain.

I mean, both. I can buy both.

Pipe Dog.

Is what?

He’s saying Dog. Don’t do that to him.

It is. Trader Man’s in it.

I’m in Pipe Dog, bro.

Is that the one you’re talking about?

That’s not the one I’m talking about.

He’s talking about AI. It’s different. But I think Pipe Dog’s got the biggest, thickest LP, bro. I don’t know. I like the memes.

Pipe Dog definitely has hella whales in it, for sure.

Sending right now, too.

I just full-sold at 33 mil.

You just what?

I sold my AI at 33 mil. It’s at 70.

Oh no.

Yo, have you seen the Ink AI, bro? I’m up kind of heavy on it.

On what? Which one?

The Quotron AI, bro?

People have been telling me to buy this. I haven’t bought it yet.

The Ink dev made some tech. I don’t understand the tech, I’m not going to lie.

Listen, as someone who may or may not work for Kraken, Ink stuff is very interesting.

All right, thanks, bro. All right, I’m in, bro. Thank you. Man, don’t fire me.

I didn’t actually say anything. I literally just got a DM from the group chat right now. Which one do I buy? Ink, Pipe, Pipe Cat, or what is the Ink?

Pipe Dog. Bro, get some Pipe in your life.

Artificial Inu, bro, is the one.

I heard Quotron. That’s what I heard.

How about we buy both of them? Z, buy both of them.

And Quotron.

Spread the love.

Quotron.

Quotron.

Quotron.

I can drill like Scented, bro. I’m DV now.

I learned who DV was today.

Quotron. I learned who he was. He was my Fortnite teammate 10 years ago today. No troll, bro.

Yes.

I learned who he was when I was watching Cented’s stream. They were like, “DV dev.” I’m like, “Who’s DV?” And he was like, “You’ve got to go watch DV’s stream.”

He’s so tough, not going to lie. He’s super tough.

Yeah, I heard he’s a beast.

Have you ever devved anything, like, ever?

I have not devved anything.

Did you not dev the Bullseye coin?

Bull pen?

I did not. I did not dev Bullseye coin. I’ve never launched a coin.

Almost just had a god candle. Almost.

Haven’t you been in crypto for, like, 10 years? Wasn’t there some Uniswap stuff back in the day? PancakeSwap?

Uniswap, PancakeSwap, BurgerSwap—I was on all those.

You ran nodes and shit, though?

No.

Yeah, I had— I had an ALQO masternode that I lost. We had nodes, and we would make a few pennies.

I had a Skyminer that I built.

Okay, you were on it. I was on all types of shit.

It wasn’t like pressing a button to launch a coin back then. You had to know a smart contract. That shit had to get audited. You had to provide—

Yeah, you could read hella shit. It was a minimum grind to launch a halfway decent token.

Really?

Well, that’s why there was— I mean, the argument with Pump.fun is that it’s so easy to launch a coin. There used to be a barrier to entry, right?

If you were going to rug, it had to be a little more sophisticated.

Yeah, you had to think about it a little bit.

Yeah, I’m going to write a white paper. I’m going to make up some shit. I’m going to get some money together, and then—

If you go on Pump.fun and deploy a picture of your dog, is that—

It’s your pick. It’s your pick.

Is it a rug? If you deploy a picture of your dog on Pump.fun, is it a rug?

Did nobody ask Ansem his cat’s name this whole stream? Nobody mentioned that.

I heard.

What is wrong with you guys, bro?

Oh my God.

They ended up putting him in an awkward position. What about my cat?

Why is it never Orangey’s cat?

I’m not answering this question. I’m not answering this question.

Clemente, you got a cat? I feel like Clemente has hella pets.

No one wants to buy that shit, let’s be honest.

Wait, do you have a pet, though?

No.

Yes, you do. You’re lying.

What’s my pick? Shit, my bad.

He doesn’t. He actually doesn’t. Dude doesn’t even have ceilings in his apartment.

Damn, Likely. Whoa.

It’s Damn, Likely.

Oh, that’s a good pick. I didn’t even know he was on the board. And you have Lamar. Oh, he’s not there anymore. What do I need now? Defense, right? Defense.

Wait, hold on. I mean, you could definitely use another— Yeah, I guess you do whatever the fuck you want. Kicker, defense, whatever the fuck you want.

What’s the trade?

Seahawks.

You have it all covered.

Anybody else like streaming their defenses, or is that just me?

Streaming? What do you mean?

You just pick a new defense every week.

You just do it by matchup.

Yeah, I do do that.

I swap it out based on who they’re playing.

I picked Myles Garrett already, by the way. My defense should be crazy.

Yeah, I picked already, by the way. I don’t know why it’s like this.

What do you want to pick? I—

I already picked Seahawks defense.

Crazy.

A VPN or something, like—

Oh, it says on my phone that Clemente’s on the clock.

Interesting production.

Guys, are you in this? Shit.

Michael Cato?

Nah.

Rowdy is. Have you seen Rowdy’s piano? Assign the Seahawks defense.

Let’s try to cruise through these last rounds.

300.

He’s up $300,000.

Yeah, he’s, like, 1%, right?

Yes.

Yeah, that’s fire.

Honestly, I think it’s awesome for him.

Ansem, is that the method? Just getting 1% or 2% of a really big banger?

What? Why did it auto for me?

It shouldn’t have. That must have glitched.

What the fuck?

Pause it, Michael Cato. Pause it and let Clemente pick who he wants to pick. Cancel Dalton Kincaid, please.

Pause the draft, brother.

It’s going to get out of control if you don’t pause it.

We don’t know how.

30 seconds.

Yeah, reassign.

I definitely don’t want that shitty reassign.

He wants to get rid of Kincaid, so go reassign.

No, no, not that one. Not that one.

Click on Clemente. Right-click, and then hit—

Who do you want, Clemente?

Give me Jakobi Meyers, please.

Jakobi Meyers. He’s a wide receiver.

What the fuck admin shit y’all got going on here?

Meyers, guys. Meyers with an I is fucking crazy, man. M-E-Y-E-R-S.

Yeah, the top one. There you go. All right, easy. Who do you want?

I’m not on the clock now because that—

Okay, cool.

Yeah, we’re good. We’re back.

Yo, that Meyers spelling was crazy.

No, insane. Absolutely.

You never know these days, man. The names be fucked up. Mark Andrews.

I’ll go.

The fact that Pipe Dog was brought up has made it run $10 million.

Yeah, dude.

For real.

Get some Pipe in your life, bro.

I just love the idea of “Get Pipe, bro.” I’m trying to get Pipe to everyone, bro.

You finally—

Specifically my wife, by the way, if she’s listening.

Robinhood or Solana?

It’s not Robinhood. This is because I’m not a meme guy. I literally went on Robinhood. I bought what I thought were the 2 top ones, which is obviously Cash Cat, and then Pipe Dog had a fat LP. So I’m like, “Okay, good choices. Everyone’s getting piped, dude.”

They’re blasting Phone here, bro. Insane.

It’s up.

I don’t know. Phone’s pretty good. Narrative, I think. I think it’s decent.

I bought this on my phone.

I bought it on my phone. It’s pretty good.

Yeah, I liked it better at 1 mil, but yeah. 30 mil, right?

Yeah. Why? You saw Rowdy buy 1%. Why didn’t you buy 1%?

You know why? Because I was in bed and I was like, “Yeah, it’s cool and all,” but then I saw it go to 3 mil and I was like, “I’ll buy in the morning.” Then it was at 8 mil.

I dead-ass bought so much at 1.6 and sold it at, like—

What did you auto-draft, bro?

I’m choosing now, by the way, boys.

Why is Clemente autodrafting?

Clemente, you’re muted.

Set your shit to autodraft, bro.

No, I never set— Oh my God. What the fuck?

Dalton Kincaid.

Again.

Again, bro. You’re me. It’s meant to be.

Dalton Kincaid is going to have the season of the decade this year.

All right, all right. I’ve got to be fucking fire.

I’ve got to jump, guys. It’s fine. I’ll take Dalton. I’ll take Dalton.

No problem.

Peace out, brother. Thanks for having me.

Thanks for having me.

Hi, buddy.

Of course.

It’s going to be a hell of a season.

See you, man.

Wait, easy. I have a question.

Put a little placeholder in for him.

How does my team look? I think I’m taking Wan’Dale Robinson.

Looks beautiful.

That’s what I should get.

Looks good, dude. Turpin. I think he’s a decent pick.

Was Tank Dell hurt last year? Am I making that up?

Who?

Tank Dell, Houston.

I think he was hurt the back half of the season. I think you’re correct.

He got hurt pretty bad, right? And he’s coming back now. Am I making that up?

I think you’re correct.

Okay, I’m picking him up. He’s good. I like him. Take Dell. Take Dell. Hey, thank you for the invitation. I’ve got to head out to dinner, bro.

It’s like flies over here.

I’m going to keep picking.

This is a deep part of the draft.

Just pick from your phone.

I will. Thank you for the invitation. Arrow.

Hey, Z.

Yes, sir. I miss you, man.

I miss you too, bro. It’s been too long. It’s been a while. What do you have going on in Q4? Are you going to any of the conferences or...?

There’s this Solana Summerhouse thing this weekend here in LA. I’ll go to that, but I can’t really leave the country right now, so I don’t even know if I’m going to make it to Bitcoin.

Is it because Trump won’t let you back in if you leave?

Yeah, basically. He’s canceling all the visas, dude. It’s actually pretty hilarious, and it’s even worse when you don’t have a visa. It’s a little tough, but it’s cool. I’m posting up in the garage. I like it here.

Wait, bro. You’re stuck? You can’t...?

Yeah, I’m stuck, dude. I have to fly my family out for Christmas. I can’t—

Damn. Because you’re on—you know, they’ll check you. If you leave, you can’t come back.

Yeah, basically.

Straight up, as a Canadian, it used to be no issue to go in and out of the States. Every time I would go over the border, they’d question me about why I was going over so often.

Yeah. No, it’s brutal now. Trump doesn’t like the Canadians. What’s the beef?

It’s the beef.

Are you wearing a hat that says “I’m American” as well when that happens?

No, I haven’t crossed the border yet with this one, but this should make it easier, in my opinion.

Yeah, I’m America-proud, too.

This person is not a threat, and they are American.

Canada is so whack, dude. I hate it.

It’s brutal, bro. That’s why I’m going to run for prime minister. What is it, 2029?

Bro, I will vote for you.

Wait, why is it bad? Why is it bad?

I can’t believe it. We’re run by communists. Imagine America, but something’s wrong. You come to Canada and you’re like, “Oh, this place seems like America, but something’s off.” It’s like a chokehold. There’s nothing you can really do.

Is this me? I can’t see. The screen is covering me.

Did you always feel that way, or is it something you’ve felt in the past 5 years?

Growing up, dude, I legitimately thought we were better than Americans because we were better in every single statistical category. Our middle class was richer, it was safer, the air was cleaner, and our economy was doing well. Even growing up, our dollar was at par. But from 2015 to now, basically when Trudeau got in charge, Canada has gone to shit. We’re expected to be the worst-growing economy out of all developed nations over the next 30 years.

I pay 53% in tax.

Insane.

I can’t say this on stream, but the immigration thing has become a problem.

Yeah. You’re on the West Coast, though, right?

I’m on the West Coast. I’m in Vancouver.

At least you’ve got mountains and everything over there. We’ve got mountains, too, bro. It could be worse. I could be in Brampton.

Yeah, bro.

Brampton, bro. Holy shit, bro.

No, that’s crazy. A lot of Americans know about Brampton now, too, because it’s brutal over there, bro. We have crazy Indian gang gun violence in Canada now.

Yeah, they don’t even have that in India.

Yeah, so many Indians have immigrated, dude. It’s unheard of. Violent crime is on the rise, and these are gangs from India now setting up shop in Brampton and Surrey.

Yeah, bro. Every day you see something on the news, something happening on the TTC.

I just don’t get it, bro. I pay so much in tax. I’m like, “For what?”

And we’ve got the hate speech laws now, too, so I have to be careful what I say. We’ve got those UK hate speech laws now. You say something mean, they can throw you in jail.

Wait, man. Why don’t you just get a visa and go to America?

I’m trying, bro.

Yeah.

When I’m president, I’m invading Canada. I’m going to liberate you.

Please do.

Bryce, do you want to get into politics?

Not for at least 15 years, but maybe when I’m 40 or 50.

I’m not going to be able to draft into this one. On the left, this one I can unplug.

All right, let’s see what we can do here. I could see you in politics, Bryce.

I can see it.

It would be something. Definitely would be something.

Bryce, are you going to come back to LA?

Yeah, I’m from LA, so I always go back.

Oh, like move back?

Yeah, at some point. Honestly, I’m already feeling like I want to go back. I’m already missing it. I’ve been here for 6 months.

And those winter months haven’t hit yet.

Yeah. Yeah.

That’s what it is.

I wish California didn’t have such a hectic government, because I don’t think anywhere is better than Southern California weather-wise.

Nothing comes even remotely close. The food, too.

There’s LA, and then there’s LA. How we did it, and it’s just like—

How we did it.

I’m saying the lifestyle we had was so—

There’s that word “we.”

My LA and your LA are very different.

I saw you every day just because we didn’t go in the living room. It was great.

Okay, we had some good times. We had some good times. I wouldn’t see you out at night, but daytime was crazy.

I met you, Banks, back in 2018 at a party for the first time.

Then when we shot the BB through that guy’s mouth, that was me. When Tfue was a little baby, he was a little baby nestled in my breast. I was showing him the whole world for the first time. SteveWillDoIt was also a little baby at the time.

Yeah, people like to forget, man. They like to forget. I’m just kidding. I’m such a bitter old man.

You don’t want to claim Steve, bro. You can do better than that.

Oh, man, that’s crazy. I mean, Steve’s iconic.

He had a run, bro.

Yeah, he had—

He’s still doing it right now.

I mean, he’s one of the most valuable people in the casino and crypto-casino industry, for sure. He gets—

He’s on with Roobet now or Gamdom.

He goes back and forth. I don’t know.

I find his shit so funny, bro. Steve’s the GOAT. He’s such a good guy, and he’s just not cut out for this industry or this world. That’s what I’ll say about Steve. He’s a very pure individual.

He’s not savage enough.

No, he’s just too good of a person. I know he’s controversial and does crazy shit, but—

Who the fuck is Jake?

Is anybody picking a kicker?

I didn’t. I just got auto-picked.

I picked a kicker. I was going to pick a kicker.

You need one.

You need one.

I was going to pick a kicker, bro. Damn.

I don’t want anybody to take my kicker. I’m upset now.

Am I the last person to get a kicker, bro?

Man, you think BTC is going to rip soon here?

7. Bitcoin Nears A Breakout

Yeah, I think we’re going to know within the next couple of days, honestly. Timing-wise, we should be putting in a daily low here.

It’s hard to say, man. If we break through $83K, I don’t see why this doesn’t gap up to $90K very quickly. Solana and ETH seem to be leading the way, as well as Hyperliquid. They’ve already broken out.

Everything’s above its 50 SMA on the weekly except for Bitcoin. Bitcoin’s right at it. I just don’t see how this isn’t the bottom unless something catastrophic happens. Even if we pull back tomorrow—

Yeah, I think it’s about to fucking go, bro.

Yeah, I really do.

I think people forget that. They’re like, “Oh, well, it’s consolidating,” and once the bottom’s in, we have expansion out of that bottom, and then it never comes back there. Those breakaway candles—go look at Solana last cycle at the lows. Go look at any memecoin from last cycle at the lows. Once we get that expansion out of that accumulation phase, it’s go time. I think the mistake that a lot of people who aren’t exposed yet are going to make is they’re going to wait for the breakout, and then they’re going to be like, “Okay, I’ll buy a higher low at $75K.” It’s like, dude, if this breaks out above $83K this weekend, it’s not going back to $75K.

The higher low is going to be at 85K after it goes to 95K in a candle.

Yeah, I agree. I agree 100%. I’m in the same boat.

It’s going to get nutty pretty quick, and I’m kind of like, I don’t even know what to make of it, bro. 55% max downside in a bear market. Does that mean we go absolutely gangbusters in the bull? It just seems like there’s a crazy bid behind Bitcoin this go-around like we’ve never seen before.

Yeah, I agree, bro.

And I feel like it wasn’t even CT-native people who were that bullish at the bottom. It was people—

Big smart money. Big fucking swinging dicks. Though this could be a cycle that kind of breaks a trend where we get these 70–80% drawdowns. Last cycle was what, 70K to 125K? So 180K doesn’t seem like that much of a bull. I want to see this thing go to 250K or something crazy.

I’m on the 250K boat too. At 180K, if Saylor starts getting loud again and shit, you probably have to derisk.

Yeah, I mean—

He’s loud right now. What do you mean? He’s not buying right now, though.

Yeah, he’s not blasting.

Yeah, I think Saylor’s now the counter. You know what I mean? He’s lost all the aura. It’s like, “Never sell Bitcoin.” Dude, you sold the bottom. It’s hilarious.

Tick, bro. The bottom tick.

Yeah, it’s unbelievable. You can’t write this stuff, bro. Just like FTX blowing up at the bottom last cycle. It’s too poetic and too similar not to be the same.

Yeah.

How do we wrap this draft up? Is it over? It’s done, right?

It’s over.

Oh, it’s done. Bro, it’s funny. People were always saying that when Saylor blows up, that’s going to be the bottom this entire cycle, like last cycle. Then he sells the bottom, and people are like, “No, we’re going lower.”

I definitely was in the camp of Saylor blowing up somehow being a bottom, but I kind of wanted to see him sell a couple billion. I wanted it to actually hurt him, because in reality, dude, he barely sold shit relative to how much Bitcoin he has.

He’s getting away with it. He didn’t even get his head squeezed that hard, which is kind of disappointing.

Yeah.

But maybe that’ll just be next cycle. I wouldn’t be surprised.

Week 1, by the way. It’s me and you. Week 1.

Oh, baby.

Get it.

Let’s go, bro. Do you want to explain? So now we just set our teams before every week, and that’s it, right?

Yeah. Just a fantasy league.

When’s Week 1? September—September 13th.

Damn.

September 13th.

I’m hyped for this. It’s a long wait, but it’s okay. We’re good.

Chill.

Who’s going to Token2049?

I’m going.

Okay, G, I’ll see you there. You want Formula 1 as well?

Should I? I feel like I should.

What about Korea Blockchain Week?

I may or may not have something crazy going on at Formula 1. I can’t confirm or deny yet.

Let me know. I’m there. I’m doing Korea too, Raz.

I might go to Korea. Let’s see. Yeah, I’m doing both of them.

You like it? You like my name?

The logo is a catfish fritter?

I got the best logo. You know what a catfish fritter is, bro? Like the little fried catfish.

From Canada? I’m from California. I’ve never had a catfish fritter.

You’ve got to get some catfish fritters, bro. Fire.

Look at that.

The Bubble Blowers.

Love it.

I don’t know why, but I love that. We love it.

Oh, shit.

Me and E’s teams are projected the most.

Probably trash. Who’s projected least?

It’s all fairly close. Jakey 117.

I got him. Week 1. Me versus Jakey. Let’s go.

I think all these teams are pretty comparable.

Pretty comparable.

I think everyone ended up pretty good.

I think it’s fine. I mean, the fucking Orangey is projected on the team. Crazy, dude. They’ve got the 2 old heads going off.

Hasn’t updated yet. Raz, Pushing 40.

Joe Burrow is on the block for anybody interested and looking for a receiver 3—just a wideout 3.

Just a proper wideout 3. What running backs do you have?

My running backs—none of them are available for trade. That is staying firm. Those top 3 picks are off the board. I mean, my top 5 picks, honestly, are just off the board. But I’ll package Joe Burrow with somebody below.

8. GTA Becomes A Platform

Thanks. Did you watch the whole GTA trailer? What did you think of the game? Do you think it’s going to be fire?

I skipped through it. It looks fucking phenomenal. Honestly, I was mind-blown that that shit was recorded locally on a PS5. It was fucking insane.

So the fact that this guy has a full build already—he’s got to have some sort of crazy inside connection, right? Does he work there?

For sure. I mean, he has to, right? Has to.

And why are they delaying the PC release if this guy’s got it already on his computer?

PlayStation for sure paid for it.

Yeah.

Yeah, for sure paid a lot of money for it.

They like to take PlayStations just to play.

Yeah, Take-Two is fucking amazing.

Go look at the Take-Two chart before Red Dead Redemption 2 came out, bro.

We said it on episode 1 of the show. We said it on episode 1 of the show. Literally pull it up right now.

Yeah, I bought it.

It’s literally going to be identical, by the way.

Yeah, I bought a bunch of this stuff.

I think Red Dead Redemption 2 was 2018.

No, it’s right before they dropped GTA 5.

Well, that’s even longer ago. That’s like 2013.

That’s right there. Yeah, but look at Red Dead Redemption 2. Let me get the date here.

Red Dead 2 came out in 2018.

Right there. Right there.

Yeah, it’s like the same trade, bro. It’s just vertical.

Yeah, except GTA 6 is going to be fucking 100 times bigger than Red Dead Redemption.

They’re saying it’s 80 hours of single-player playthrough.

Yeah, I’m sure they’re going to let that shit breathe for the first year, but the second they kick on RP and open up the ecosystem, let people trade and buy, and introduce an in-game currency, it’s going to be really—

Bro, the online for GTA 5 is crazy. I watch some YouTubers play it, and I had no idea there were kids who come home from school and pretend to be a cop. That’s their shit. They’re like, “I’m going to go be a cop on GTA 5 online roleplay.” What’s the market cap of Take-Two? It’s a big business.

Yeah.

They say when online comes out—like, is it going to come out soon?

43 billion.

No date.

That shit’s going to take fucking forever, bro.

Yeah, but then they’ll milk it for 10-plus years.

Forever. It just becomes this platform, this fucking Facebook-type platform.

Well, graphics have kind of capped out on games anyway. I don’t think game graphics have improved that much. If the game’s good and they can keep releasing content, fuck it.

You’re not going to get another GTA like this, right? This is probably the last one, and then they’ll just do add-ons and shit.

They’ve got to do a New York one again, bro. That’d be crazy. They’ve got to add it. It acts as a platform, and there are new add-ons and new cities introduced. They slowly just build the world. It’d be fucking insane. Dude, I was in university when this last one came out. That’s so fucked.

I was in 8th grade.

Damn, you’re old.

7th or 8th grade?

Ah, fuck you. I don’t know who’s older, me or Banks, but I’m going to let everyone assume he’s older.

I’m 35 in October.

Oh my God, fuck you.

October.

What? You’re already 35, dude.

I’m 36.

Whoa. Damn.

It’s over.

Does it really?

No.

No. I can’t wait for all the people who are like, “Oh, Banks, you’re basically 40.” Bro, wait till you get older. You don’t change. I’m the same fucking person I was.

Picture, bro.

I know. The picture is so good.

By the way, my team name is Pushing 40, and it’s a picture of Naten, my little Abby. It’s good.

Dude, you’re the same person mentally, and if you’ve done it right, you just have a bunch more money.

I think there’s science to this, right? It’s like whenever you become successful, that’s kind of what you permanently become.

My dad is in his 70s. In his mind, he’s still 25 years old. Boys are different.

All my friends and I really hit it. I hit my first major stride when I was 22 or 23, and I feel that way.

You don’t think you aged when you had a kid, man? You didn’t mature and shit?

I don’t have a kid, not that I’m aware of.

Oh.

I was about to say, wait, what did that—

I missed that. I missed that.

I feel like that makes sense, though. When you start a family, when you have kids, you just turn into a dad. You just transform into a dad.

My boy just had a kid, and he came and stayed with me for 6 weeks. He's in Australia now. He's like, “Dude, sometimes I forget the baby exists. When he's with my wife and I'm out, and I come home, I'm like, ‘What the fuck? This is my life now.’ It's horrible.”

That's hilarious.

Man, do you want to have kids?

Yeah, I'm actively having sex with my wife. It's pretty fun. It's the exact opposite of what they tell you in high school, where they're like, “If you look at a girl without a condom on, she's going to get pregnant.” It's actually like you got 1 shot a month, bro.

Yeah, it's pretty hard.

Yeah.

It's like a little window.

Biology 101. Yeah, my wife's American, bro, so I'm trying to have an anchor baby in the US.

No, that's—

I'm getting in there, bro.

That's a big play.

Oh, that's your—yeah, that is a play. That's my angle: a baby in America. They can't keep me out.

Wait, just so I'm understanding: there's only 1 window when they can actually get pregnant?

1 day, a couple days a month.

When they're ovulating. So does that mean that you're having sex outside of that window, too?

Yeah, I just—I'm just, you know, got to practice.

Okay.

You got to practice. You actually smell when a girl is ovulating. I don't know if you guys have had a girlfriend and noticed that.

With a nose like yours, I'm sure you smell all sorts of things that we can't. That was good. Bro's got pheromone detection. Three girls are approaching the building. One's ovulating. It's like, “What the fuck?”

Target locked.

They smell so fertile. It's just crazy.

That's insane. They smell fertile.

Are we still live, by the way, or is—

Yeah, we are.

Oh, what? They're stalking my YouTube. Yo, thank you, bro. Everybody watch my streams, bro.

Real talk, your streams are some of my favorite going on right now.

Thanks, bro.

You're on a serious run. I'm hyped for you.

Thanks, but I'm trying to be like you in the memecoin shitcoin space, man. Give people good advice. That's kind of what I'm trying to do: psychological advice and shit.

Yeah, it's just showing up every day, and you're doing that, right? You're posting, you're doing the fucking videos, you're putting the fucking work out, and just don't listen to what any of the retards on Twitter say.

Yeah.

Facts.

What have you been calling it? Catalyst trading? Is that what you've been calling it?

That's the meta right now. Yeah, it does annoy me. I get why people get annoyed by it, but I've been calling it catalyst-based trading. It's how everybody trades now.

What's the difference between that and just narrative trading?

I just think—

This is crazy. What are you showing us?

Go back. Go back. Go back.

Go back, bro. You can't dodge that, bro.

All right. Go, go back. How many views does it have?

Zoom out real quick. Zoom out. Zoom out. Go up.

The views are crazy.

Rasmer, take a nice, long look, brother, because this is what the top really feels like and looks like, pal. This is what the top feels like.

If I want to know what the top looks like, I could ask Stable Ronaldo or Speed or all these guys.

I'm infinitely bigger in my prime here than any of those guys except for Speed, bro. 11 million views 7 years ago. You got to realize there's social media inflation. You guys will never get 11 million views.

I used to tell people to go follow somebody's Instagram, and they would magically, miraculously get 200,000 or 300,000 followers. It was a much different game. We had real influence. We weren't fucking puppets connected to an infinite number of strings, with our chats just dictating what we're doing.

Bro, that Jake Paul beef honestly changed my life, bro. I'm not going to lie. Jake called me.

Didn't I onboard you to crypto?

Yeah, honestly.

Yeah, so shut the fuck up. What the fuck are we talking about? I'm your father. Yo, didn't you fucking assault his assistant or some shit? Isn't that what it was?

No. No. But thank God they lied about that, because that was part of my meteoric blowup. All right, enough of this.

I didn't click the button. Are we almost done? What are we doing?

We're just fucking around, bro. I think we're just fucking around. We have no agenda.

Oh, man.

Michael Cat [?] has never had this much fun in his life.

All right. I'm about to piss my pants. I don't know. Z, if you want to keep chatting with the boys or whatever, I'll pass it on to you guys here. I got to bounce, guys. Thank you so much. All the talent and creators that came to draft—my brain is fucking fried. That was insane. Just hearing them talk about Tung Tung Tung in the background as I'm trying to draft for 100K. Quite the experience. I appreciate you guys seriously for coming. Production, you guys crushed it. Everybody, thank you guys so much.