#35 - The Future Of Crypto, AI & Hypergambling - Dark Forest

Dark Forest is a former analyst at crypto venture capital firm Tangent Ventures who now manages his own capital as a solo prop trader.

In this episode Dark and I discussed why macroeconomics exists solely as a field for employing macroeconomists, how to identify the next altcoins that you can hold for a long time, the new meta of traditional financial firms like Robinhood entering into the crypto space, the hidden alt season in equities, AI agents and the potential areas of confluence between artificial intelligence and crypto, Hyperliquid’s outsized success, the pumpdotfun airdrop and (delayed) token distribution, what’s in store for memecoins heading into 2026, why Coinbase and Base are a confused crypto product offering, MegaETH, robotics and more.

Dark Forest is among the most logical and well-reasoned traders in crypto, who has an incredible backlog of major successes in the crypto industry, both as a private investor and analyst at leading VC firms. It’s always a distinct pleasure to have him on the show, and Dark stands out as one of the best sources of insights to show up on the NGMI Podcast.

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Dark Forest: https://x.com/DarkForestCap

Tom Mitchelhill - https://x.com/thecryptojourno

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