June 19, 2025 • 52 mins
CIRCLE STOCKS PUMPS, TRUMP WAITING ON IRAN ACTION, FED TO WAIT & SEE.FOMO HOUR LIVE ON DEGENZ.Degenz Live is the only content you need for crypto, macro, trading, gambling and risk-taking.Powered by MYRIAD MARKETS, REKT BRANDS and YEET CASINO.Crypto volatile as Israel-Iran strikes continue. Circle stock pumps on GENIUS Act passing. Crypto is future, and we’ll own it: Trump. Trump urges House to pass GENIUS Act. Ohio exempts BTC payments under $200 from taxes. Stablecoin market cap exceeds $250bn. CryptoCom, Deribit to accept BUIDL as collateral. Coinbase to allow USDC to be used as collateral. ‘Coinbase Payments’ launched, stock pops. SOL Strategies to go public in the US. Lion Group raises $600m for HYPE treasury. Jump Trading plans reentry into crypto. Brokerage FalconX in talks for IPO. Crypto lenders now hold $60b in assets. First spot XRP ETF launches in Canada.
00:00 - Intro to the show
02:20 - Tylers top news stories
06:05 - Mando appears
08:00 - FOMC recap
10:30 - Macro and ongoing conflicts
15:00 - Mando tweets
18:00 - Where is BTC price going?
19:40 - Crypto Equities
24:00 - Coinbase utility news
26:30 - Farokhs Myraid stonk idea...
28:20 - Twitter/X's "everything app"
32:50 - Myriad Season 2, New Site and New Markets
43:20 - REKT launch at 7-11 with Glitch Mob gig
46:10 - YEET giveway
LINKShttps://x.com/DegenzLivehttps://linktr.ee/DegenzLivehttps://kick.com/degenzlivehttps://www.instagram.com/degenzlivehttps://creators.spotify.com/pod/profile/degenzlivePARTNERShttps://rekt.com/https://yeet.com/https://myriad.markets/#bitcoin #crypto #trading #news #gambling
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:04):
Yo-yo, what up? What up?
Good morning. Good morning GMG.
Thursday, June 19th, 2025. Look at that.
Another beautiful day that had abeautiful day.
I got my coast in the house. Tyler, Tyler.
Tyler Tyler, good morning. How you doing today?
Doing good. It's it's a little bit of a
(00:26):
weird day here with the the random holiday.
I feel like we're still not usedto to Juneteenth and it's just
kind of like on a random day in the middle of the week.
Markets are closed. No one was even expecting it.
So feels like it might be a a slower day, but let's see.
Yeah, that is, it's true. I I honestly had forgotten.
(00:47):
I didn't know it was a holiday and and then I realized, wait,
the markets are closed. Wait, it's the holiday.
But we had already. That's why I planned the show
yesterday. And I was like, oh, wait.
And I got told this morning, butwe may as well run with it.
We don't have to. We don't have to keep it too
long anyways. So we'll keep it.
We'll keep it to the market, we'll keep it to today's topics,
(01:08):
we'll keep it to myriad V2V3. Sorry, it's season 2 if you want
to talk about that. Couldn't really talk about it.
Yes, it was. It would have been useless
anyways. So now that all the launches are
out, so that needs some good stuff to talk to you guys about
today. We're of course, we're going to
do a giveaway at the end of the show, which is probably going to
be a little shorter. We'll give you guys a code and
then you guys will be able to participate in this.
(01:28):
And then as usual, this show is powered by Wallet connect.
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Want to learn more follow WalletConnect on X and Telegram to
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(01:50):
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Go to pro.kraken.com and trade without trade-offs.
Just a reminder that we are liveon Kik.
Check us out at D Jans live, DEGENZ live.
(02:11):
You are going to be able to catch us Monday to Friday, 5
days a week on there plus some bonuses.
We have rack radio on there. We have underexposed and you
know Sam streams on there. We're going to be streaming on
there. So overall it's a great channel
to get to get everything you need on there.
I'm going to post a link in a second, but anyways, Tyler looks
like it may be just you and I today.
(02:32):
So let's let's keep it at topicsa little bit of market and then
get through it. NFT and crypto analysis.
Tyler T on FOMO our cause the kid can't.
Yeah, folks, crypto majors are chopping here this morning after
what was a relatively uneventfulFOMC yesterday afternoon.
(02:55):
We've got Bitcoin hanging out, 104.5 ETH down half a percent.
2515 sold down 1% at 1:44 with majors chopping, though there
were still some big alt movers. So Arrow Aerodrome was up 18%.
I believe it's up 70% in the week.
Say was up 10%. And then a couple of those
Solana ecosystem tokens, Ray andGito, both up 8 to 10%.
(03:17):
So some interesting moves in alts, but that pales in
comparison to the moves in equities folks.
Circle stock jumped 33% to $200 a share yesterday on the back of
the Genius Act passing the Senate.
So a huge move, but it wasn't alone.
Coinbase stock jumped 16% yesterday on the back of that
(03:39):
Genius Act, as well as the debutof their Coinbase payments, a
new base based stack enabling seamless 24/7 USDC merchant
payments and integration with Shopify.
So that was big news. We'll dig into it here in a
minute. More crypto companies are eyeing
the Circle IPO and preparing themselves for the latest crypto
prime brokerage, Falcon X. They are now in preliminary
(04:02):
discussions to IPO, perhaps in 2025.
In other headlines, the Bank of England is looking to propose
new crypto restrictions by next year, limiting banks crypto
exposure and likely capping at 1% of assets.
So Europe continues to move the wrong way with respect to
crypto. Not a huge jock for the for the
(04:24):
crypto fly over zone. Polygon Co founder Jordy Bailina
announced yesterday that he and the core ZKEVM team have spun
out into a new independent project called Zisk where
they're looking to build open source low latency ZKVM infra.
Kucoin Kucoin. They're going to start charging
these dormancy fees on inactive accounts.
(04:46):
They don't have KYC on them. They also said basically anyone
who's in restricted zones, USA or China, you're not going to be
able to do it. So just take your assets off.
So I thought that was somewhat notable.
And then Jump Crypto announced its reintroduction into the
crypto space yesterday as well. So Jump is jumping back in.
We got some breaking news this morning, somewhat perhaps
relevant to Crypto X Twitter andnow.
(05:08):
So they're going to enable trading directly within the app
here as soon as they look to build out what they're calling
the Super app. So that's going to be 1 to watch
in token air dropping protocol news folks.
It was a lighter day over here, but myriad still.
The show launched in season 2, all new website mobile
experience, 0% selfies, a new leaderboard, USD Rev share and
more. So we'll dig into that more
(05:29):
later on in the show. In Kaido and info 5, we had open
Ledger announce 50K and rewards for its top 150 Kaido yappers
peak and humanity protocol also announced rewards programs and
then bubble maps announced theirthird blockchain integration in
the past month here this morning, moving over to
telegrams ton, so that was somewhat notable.
Rounding this out, AI market capup 4 percent, 9 billion meme
(05:53):
coin leaders were mostly green, but still kind of chopping up 1
to 3% across the board. This gore token was the sole
meme runner of the night, jumping 15,000% to 10 million
and then NMTS NMTS kind of chopping dipping as well.
So not a whole lot going on overthere.
That's the rundown. Yeah, wow.
What a rundown. Lot going on today.
(06:14):
Amanda, good morning. How you doing?
I'm doing fantastic man, always fantastic.
Life is always fantastic. I love it dude, but somebody
needs to make a meme with this. Fantastic.
I'll let you know, but for now, life is great.
(06:35):
I love to hear that. I love it for you.
I love it for you. By the way, this is literally
the best coconut water in the world.
If you ever fall. Yeah.
How? You doing now?
You do the again. They never answered.
I sent a request. They never answered Portugal.
So OK, thank you for understanding.
(06:55):
So so we're getting there though.
We're getting there, boys. I'm I'm like day six or seven,
so I'll survive we're. We're catching your heat wave.
We're going to be in the 90s Fahrenheit, like everywhere in
the US next week. Yeah, it's hot.
I I would drink so much like coconut water if they made that.
(07:16):
Yo me too. But like pure coconut, there's
it's got to be 100% coconut or nothing.
There's going to be only one. Actually.
Matter of fact, baby coconuts are even healthier and better.
This is baby coconuts. That's why I recommend this one.
Fountain of use Coconuts Vasa. Wait, this is German?
This is German. Germany does make things, you
(07:40):
know. What's nice about coconut water
is you can just, you can just charge absurd prices for it.
Vanessa can. So you can bake in so much
margin. Yeah, yeah, yeah.
I mean, yeah. I mean, I probably paid so much
for this. It was in like an organic store
on top of that. Like I'm probably in for like 4
year old fucking can but I need electrolytes because I've lost a
(08:01):
lot of electrolytes the last 5-6days so I need to recover
anyways. What are we gonna start?
Like it's just maybe the FOMC recap I guess.
It was non event. I didn't even clock in to listen
to anything this time around. Feel like it was nothing going
on. But what happened yesterday with
Powell? Yes, David Pal, to be honest, it
(08:24):
was, it was a bit of a non event.
I would say that we're still heading probably to one for one
rate cut later this year. But he did indicate that it was
probably going to be slower growth, higher inflation, a lot
of that's down to tariffs. He's basically saying.
So it does feel as though, yeah,we're talking about, yeah,
(08:44):
we're, we're, we're talking about a non event for the next
three months, I would reckon. I think we're talking about a he
might Telegraph it in September that they may do something that
sort of stuff. But yeah, I, we didn't, it was
weirdly like, I don't know if you were following the market.
I think the market barely moved,like even during its press.
(09:07):
Conference the only. OMC is like bam bam bam bam.
It was just like, OK, went up and down a little bit, but like
a very, very quiet FOMC. Like look at that, that candle
versus like the day before. It's like a That doesn't feel
like an FOMC day to me. You're right, like the last
(09:28):
three or four have been insane. Like I think we cocked out of
this one. This time, like I don't think
the market really wanted to selloff because it obviously it's
been selling off already becauseof all the Iran stuff and didn't
want to rally because of the Iran stuff.
So then you kind of it just, it felt like very much the second
(09:50):
fiddle to what was what was really driving the market
yesterday. And and that's you saw barely,
barely any sort of price action.Everything's so flat.
Look at, look at the ETH. So funny, right?
It's just like that. It's been remarkably sideways
for a while now. 42 days now. Yeah, it's, it's doing.
(10:12):
I think it's still holding up relatively well.
The, I think today in terms of the the geopolitics stuff, it
feels like not not much happenedyesterday.
Like obviously continued strikesagainst each other, which I said
would happen even if they were starting to even discuss a
(10:34):
ceasefire. There was a Wall Street Journal
article basically saying he's heTrump has approved to strike
that would happen, but has decided he's not pulled the
trigger essentially. Yet then he said the Wall Street
Journal has no idea what he's talking about, right?
Right. I was going to get to that.
Yeah. So like it feels as though, who
(10:56):
knows? What you can tell is that like
there continues to be military assets from.
And it's not just the US now theUK is also sending military
assets there, including some of the big airport aircraft
carriers. So I there's definitely a build
up of military assets. I don't know if that's more like
a threat or not. And a removal of some of the
(11:17):
military assets from Bahrain, which should be like some of the
most easy to strike if anything were to happen.
So I think it's still gearing upfor this like brinkmanship and
and let's see, I would say, but it does feel increasingly like
Israel may just go for this alone.
(11:38):
I don't know but. That's my read.
I think every day that goes by the US does not enter.
It's much less likely. So yeah.
They're not going for it, I don't think.
So Like I they've removed, did you guys see the Qatar air base
like the empty and there's a lot, they've removed a lot of
the stuff around there. Right.
(12:00):
But that was that would be because that would be the first
things that Iran could hit. Yeah, so.
Right. Like so they they've built up
assets in places which are they've moved them to bases
which are actually on the mediumrange missiles rather than on
the short range because Iran hasa lot more short range missiles.
So Iran could just like obliterate some US air bases if
(12:21):
this did kick off with a short range missiles.
I don't know if it, but it definitely has enough to to
cause significant damage to a lot of US air bases.
So all the, all the main ones are in Bahrain, Qatar.
It's got a huge, I think a massive, massive aircraft base
in Qatar. And most of those are now not
(12:44):
there. There's some in Iraq and Syria
as well. I don't know about those.
But they've moved to bases slightly further away basically.
So let's see. Yeah.
Definitely some pretty much taken on but.
I think it feels on hold right now.
I need to revise my prediction. I I thought the this conflict
would be over, this war would beover within seven days.
(13:05):
I think I said that a couple days ago.
I don't really think that anymore.
It feels like it's it's going tobe dragged out longer than that.
I think Israel said two weeks inthe drag in two weeks, see like
this is the first thing they said when they came in, they
said this is going to last two weeks.
So I don't. I don't think it could be over
if those bases get hit though, sorry.
(13:27):
For example, if they hit, they they do hit board out.
I think that's it. I don't think they would
continue. I think they would just like
that's what we wanted to do. It's over, we're out.
So it could just be over like that.
But I agree with you. I don't know how long this
decision is going to take if it's just Israel being asked to
do the job. Like there's been some talk
about that they would, they would spend like a whole day
(13:53):
trying to drop bombs on this onemountain and like who?
It would take a long time and who knows?
Holy Market still has 62% chanceof U.S. military action against.
Iran it is guy that put like half $1,000,000 on the line.
Down down from 80 though. Down from 80.
Highs was 69 yesterday, it's a 62 so it is down.
(14:19):
It's still high though. Like, it's still a lot, yeah.
It's 72% chance before July, so incrementally they think it's
it's most likely to happen in June and July doesn't feel like
anyone's coming to the negotiating table that there was
some some. Aren't they moving?
(14:40):
Are the leaders getting out to Oman to finally meet in Geneva
or something? There were so the Swiss envoy is
still the one speaking to Iran and there's some talk that the
the foreign minister and or I don't know if it's a Prime
Minister, but but the some ministers may be willing to
(15:00):
negotiate outside of coming. And then that that was the first
time you saw sort of that. But like who knows, man?
But but I, what I put out today is kind of what I believe at
this stage, I kind of feel like macro hasn't really moved on
this to be clear, like it's, it's crypto is really de risked.
(15:21):
Like I think a lot of people have been like, right, I don't
want to get involved. And we've had so many like
headlines that people are freaked out on and kind of just
come back to where we, where we've been for the last week.
Now. My first view is the risk reward
is, is to be long. I think even if on the headline
now, I think it it would get bored.
And then I think if there's no headline, if there's no
(15:43):
headline, which I also think it's a possibility, yeah.
In that by no headline I mean a deal is made, so.
So I was trying to get to his tweet about the show.
(16:04):
Let's let our listeners know that we were just looking at
quick, quick, quick. It's a tweeter.
So, you know, Mandel's like the thing with Mandel is like, he'll
tweet like something serious, like with the markets, and then
he'll tweet this and it's like alady.
It's a girl carrying all the luggage.
The husband's walking in front of her, so doing nothing.
(16:26):
And he goes when you ask her to be the hyper liquid girlfriends.
Incredible tweet A plus. Oh my God man, God damn it.
Anyways fuck I think shorts are starting to look crowded.
Everyone waiting for knee jerk reaction lower to a headline.
What if it never comes? Positioning now feels like any
(16:47):
dip will be shallow or short lived.
Risk reward here favors being long.
Percy speaking. I have not touched a single
position in When was I in New York personal conference in the
bar code position. I haven't touched since before
consensus Toronto, even before, yeah, I'd say I haven't traded
(17:12):
in two months, even though I'm like down some stuff that I
bought last month, whatever. Probably a good idea like I I,
but I do think a lot. Of people, I'm down.
I'm not, not by the way I'm down.
I just haven't touched anything.I don't feel like touching it.
Bitcoins gone down to one O 3 KAfew times here on this and it's
not like it's about to go down on a headline A few times like 2
(17:34):
days ago. It felt like, wow, Trump's in
the Situation Room, shit's aboutto go down like there.
Was a joke. The B2 bomber fucking like.
I think people really de rest derest at that time and then now
they're like, I don't want I don't want the heat of all this.
I'll wait to see what the headline is.
I don't think it will RIP in your face if it's a +1.
(17:55):
But I think generally this is also isn't the sort of market
where it will tank to like 90K even if the US from soda so.
But you also put this thing out right.
It's funny that. That says a lot.
Of consensus, like it looks likesentiment here is more bullish
(18:18):
because you have more people that voted 110K before 100K
including myself but in the order books.
Way more shorts and longs. I find that interesting too.
I would just say this shows something very balanced and I
said I would have said if I had put this out when Bitcoin was at
110 K, like are we going to go to 120K or 100K next?
(18:43):
I reckon this would have been 90percent 120K or like 70% + 110
Ki. Don't think anyone was calling
for 100 Ki. Think people were calling for
this is going for 125K. So I think what this tells you
is basically what I'm saying. It feels more balanced so it
feels like if it goes to 100K you'll get bars.
(19:05):
Yeah. I mean, this reflects the
timeline sentiment perfectly. It's.
It's very choppy. It's choppy.
I share it to get more votes but.
I'm seeing more bears in the timeline, but I don't like
what's like what's your, what's your upside shorting majors here
like 10%, 5 to 10%? Like I don't think we're going
(19:29):
much lower than that with the bid that's out there.
I struggle to see Bitcoin below 100K without some massive
headline personally. I don't know, I guess we'll see.
It's it's boring. It's it's flat.
It is what it is. This is the market that we're in
at the moment. But there's still some news.
(19:50):
Tyler, what about some headlines?
Yeah, but we got to talk about these crypto equities.
They are the the the talk of thetown.
So first up was Circle stock Circle up 33% yesterday.
GPT cooked. $200 a share. It told us to buy one word.
Just buy. We should have listened.
We didn't cope on the sidelines.At least, at least I am.
(20:14):
It seems like the move is on theback of the US Senate passing
the Genius Act. We also have some very the the
circle bulls love the commentaryon the Washington yesterday.
So so Trump came out and made a very aggressive statement
telling the House to move light and fast to pass this genius
act, not to put anything else init.
(20:35):
As we talked about the day before that perhaps the concerns
was trying to mix the market structure bill with the genius
act. It says no, don't do that.
Move this to my desk. We're going to pass it ASAP in
the US is going to win digital assets.
And then Scott Besson came out and made more comments yesterday
talking about how stable coins can reinforce dollar supremacy,
how it's not a threat to the thedollar.
(20:58):
It's an important phenomenon. It's been ignored for far too
long. So you had the genius act.
You have positive commentary outof Washington markets loved it.
This thing is trading at 2200 X rights to earnings right now at
206 X from IPO. It was very viable in the 80 to
(21:19):
$100 range. Like it was not that viable day
one at 30 unless you you got in pre IPO but it was an easy 2X in
any any size you wanted. Isn't this a signal, though?
The rest of the market, Like I'mso surprised to see this and
everything else is choppy like like what Mandel's saying, Like,
(21:42):
you know what, I was so short, but looks likely we go up.
Did you guys feel like, isn't this weird?
There's so much appetite for crypto technique?
Like clearly there's a. Potential negative signal here
that crypto stocks are going to take all the inflows.
Look at coin. This year and not our beloved
(22:05):
Alts. I think that's, I mean, I, I, I
of the other podcast that I follow, that's what everyone's
talking about. Yeah.
Everyone's like open up a Robin Hood account, start trading
crypto stocks. Like this is where a lot of
people are shifting. So I think I think this is 100%
happening. It is what they're saying like
(22:26):
what are you going to buy? Are you going to buy circle
AT20220200X here? Are you going to buy Coinbase
stock? I think that's.
Yeah, yeah. I agree with you.
There's no value in those. But I think they're talking more
about like the. Treasury companies.
Yeah. But that's the House of Cards.
Like, I mean, you got to be in so early.
(22:47):
Yeah. Yeah, it's.
I mean, is it better or worse inthe trenches you think?
Trenches are God awful. Like even I'm out in the
trenches. What I'm trying to say is like,
you have to be in early. Like I think, do you know what I
mean? Like they just they don't care.
Like you could we would have said, oh, you're not in the
early to circle. And then this kept on going,
(23:08):
like when crypto Bros take over a chart, it's just a Ponzi.
We're all going to move to public listed stocks.
It's all it's going to be like pump fun shots out here.
Get ready to see some of those on on on crypto treasury
companies. Yeah, I, I think you're right.
And I, I want to talk about the impacts like do we just need to
(23:31):
auto fire like whatever the nextcrypto IPO is like regardless of
its merits or fundamentals? Like I feel like it's going to
be a very public trade as long as it's not like a a shit
company. Yeah, I think.
I think I think a lot of a lot of people are going to do this,
(23:52):
basically. Circle caught the bid, but it
wasn't just them. Coinbase also up 16% on the day.
They also benefit from the Genius act.
They also had this, this announcement yesterday, Coinbase
payments where they are effectively moving deeper into
(24:13):
the global payment space. They're they're going to have
this integration allowing merchants to accept USDC
payments powered by base 24/7 around the globe.
And they have integrated with Shopify already.
I was digging into this. Where this gets cool is they
have a few different modules with how this is going to
actually work operationally. And 1 is this it's called a
stable coin. Check out and it's going to
(24:35):
generate a pop up that lets customers pay with their
Metamask Phantom or Coinbase wallet in a gasless experience.
So that that's pretty cool. And I don't know that I
connected the dots. That's how operationally this
was going to work. So you've got a crypto wallet
with USDC on base. You can go to any Shopify store
that's integrated couple clicks and you can use your crypto.
(25:01):
That's cool utility and it's taken us, you know, one step
forward to to being able to use crypto to buy anything IRL in
the world. And this is a big win for
Coinbase because it's powered bybased also likely a win for USD
first circle USDC just getting more, you know, proliferate
(25:22):
across the world. So this is a big one.
Wow. What do you?
What do you think about the other companies that will have
all come through potentially like Gemini and and Tron and
there was another one today, right, What was?
This fucking X. So the question is like.
(25:44):
It's probably the descending roller coaster loops.
Circle is going to be the big one of the circle.
Circle was your Trump. Circle was your.
But Tron is interesting like I'mnot I'm.
Not sure what's the demand for Gemini and public markets like
it doesn't even. I guess boomers don't see that.
(26:05):
But like when Gemini lists a meme coin, it doesn't even move.
It depends on the price. So they're going to be comps to
Coinbase, right? Right.
For the wrongful, is it 75 billion?
Yeah, I don't know. I don't know demand for that
stuff, but I don't know the markets like that so much so.
(26:28):
I think you want to be next. I don't think now is the time to
be dragging your feet. Like I think if you've made the
decision to IPO, you want to, you want to go.
Hear me out. We're going to SPAC Myriad,
Myriad's back. We're going to reverse.
We're going to perform a reversetriangular merger with a
(26:50):
publicly listed company on the NASDAQ and we are going to IPO
it and the ticker will be there,but instead of being a token
chain, it's going to be a stock listed on NASDAQ.
I mean, it would definitely go up, so let's go cold on that.
(27:10):
Yeah, I'm kidding. Let us know the let us.
Know the oh shut up Sims with your fucking this guy post hosts
opinion on their owns on the on the on the feed.
Get out of here anyways. Of course we probably can't do
this because prediction markets aren't even fully legal in USA.
Sorry, crime. Season, my friend, crime season.
(27:33):
Do whatever you hell you like. I, I, I wish I was a criminal
sometimes I just can't. I don't have it in any man.
And I talk about this with logs.I'm like, everyone's doing crazy
shit, raising a fuck ton of money and here we are busting
our fucking balls, all their steps as fuck, doing our best.
(27:53):
I just wish I had a name, man. I don't I don't definitely not
trying to Max extract with that one.
Definitely not, definitely not. But but it's OK.
Good guys don't always finish last, boys.
Good guys don't always finish last.
Anyways, we're going to talk about me right in a minute
because I definitely want to chat about what what what we
(28:14):
what what we've pushed out recently.
But Tyler, in the meantime, is there anything else there was a
we should talk about X? Like, this is some pretty big
stuff, right? Yeah, we don't have a whole lot
of details, but the the headlinehere is let me find that.
Yeah. Linda Yakarino, chief exec of
Twitter X said that soon users will be able to make investments
(28:36):
or trades on their social media platform as they look to get
deeper into financial services and build this everything app.
So we don't know exactly what that means.
We don't know what type of assets likely means.
I would imagine it's, it's likely going to be stocks to
begin with. I am curious if they'll open
this up to crypto. I feel like we've gotten some
(28:57):
mixed feedback on that from Elon.
So I my my gut is it would not be crypto out of the gate, but
maybe it is. Maybe that's also part of why
they just banned a lot of those crypto accounts posting their
own links. Who knows, there'll be some
tinfoil that speculation on this, but it's been clear
they're going this way since they started monetizing the app.
(29:19):
I think it it's very interestingthat right now if also know
creators who get paid it, it goes to their bank account or or
however they they choose to get paid out.
If you got paid to a Twitter account instead of directly to
your to your bank and you just had those funds sitting there
and you could also make trades with them on X.
It's kind of interesting, right?I feel like I would be more
(29:41):
likely to just keep the the funds in that slush bank and
maybe try to run it up on the everything app versus just
cashing it out. So I think that's another
perhaps lever they'll have to kind of keep some of that
creator money in ecosystem as well.
We haven't really seen this. I guess China might have a
version of this like their theirown everything app.
(30:03):
I'm not super familiar. Yeah.
There's everything on there. Line has in Japan is like known
as being one of these. Yeah.
Weibo or WeChat I guess in China, but I think it's more
popular in Asia than it is here or in West Western countries at
least. Yeah, I wonder why, like
(30:26):
anything else. Everything app like I guess
Amazon's kind of there you wouldsay.
No, they. They haven't got a social media
platform, do they? That's the one.
But they have everything else you know well now.
X has like exclusive shows, did you guys see that?
Apple maybe. Apple, like, I don't think it's
(30:47):
like an app, it's a phone. You know, like X is the closest
thing that could potentially like they just announced like
exclusive shows and the X exclusive.
Did you guys not see that X is trying to get into that business
too here? X Originals, Yeah, I saw it like
a couple weeks ago. It's like a like X Originals,
(31:10):
you know, for original content with pomp, Khloe Kardashian,
Celtics offseason. Yeah, I know.
It's so funny here. And I guess they're trying to do
it ex original shows now or something.
I feel like they're trying to bea lot.
Yeah, I'm looking forward to that Khloe Kardashian one.
(31:35):
Yeah, you would like that one, eh?
Oh. Yeah.
Khloe Waderland, that's right down your alleyway, I think.
But anyways, we'll see there's. Going to be security concerns
right? Like people it's hard to keep
your ex account secure like a lot of people get hacked.
Yeah, I mean the China 1 is crazy.
Like it's like type of government and shit.
(31:56):
Like to join WeChat, like you have to like be approved and go
to the government or it's like crazy type your bank account.
Like it's like letting you live on WeChat, like your whole life
is around that WeChat thing. It's pretty, it's pretty wild
the way, the way it functions. But anyways, so there's that.
(32:16):
So X we'll see. I mean, they did say there's
much more coming with the polymarket integration And, and
we did say that like you need payments and trading first.
So I'm assuming that you'll be able to be able to do everything
within the app. So I, I, I just wonder how
they're going to integrate all this.
Like if I were XI would just buyforecaster and just call it and
just like try and like do some like really cool Unchained stuff
(32:37):
and like build from that spark casters build some really good,
like spark casters build a good skeleton.
You know, it's got a great like base a good move.
I don't know. I don't know.
We'll see. Anyways, is there anything else
or try to go down to the? Period.
Season 2, baby. Let's let's go.
(32:57):
Myriad season 2 Hell yeah Well, yesterday, yesterday, yesterday
we announced Myriad V3 AKA season 2 to go live.
The the website went down for a couple of hours so that we could
move it. We've now, you know, have a new
website and mobile experience which is optimized and it's
incredible. I'll share it on the screen in a
(33:18):
second No more selfie. This is something that drove all
of us crazy. Yes us meaning us as well
insane. There's we had a fee on the box,
which is normal, but there was another fee on the sale, which
is not normal. So now you have no more selfie
when trading on myriad as you should never have had.
So it's gone new leader board and new challenges.
(33:40):
By the way, there's going to be some really good stuff going on.
You should definitely pay attention.
We have some really cool partnerships and integrations on
the way, but first wanted to push out, you know, good
product, something that was like, you know, ready and more
robust. Like I said, network expansion,
new partners, new players, new events, more ways to win and
then a new Rev share program as well as that with A1 on one Rev
(34:00):
share linking for USDC. So you share to earn on all
markets open to everyone. USDC Rev sharing for everyone
will open at a later date. So we we we're cooking, we're
cooking. There's a lot of good stuff
coming on that front. Did you guys get to see it?
Sounds pretty fun. I did.
I want to. I think we should pull up some
(34:21):
of the lines I've got. I've got some thoughts.
Oh, how clean is this? Like, how clean is our branding?
You know what I mean? Looks good.
It's. Nice, right?
I I generally think we have the best production market product
out in terms of UI, UX. Like once you use Marriott,
you're like what the fuck? Like why is everything like
(34:42):
this? Generally speaking, I think it's
so good. I love the new logo, definitely
need a little change, but let's definitely put up some of the
lines here. I think what's up?
I don't know what I what what you guys, what you think, but I
think Cal shoes, I hate it as far as Polymark it, I think it's
all right. But yeah, I really, I'm Maria.
Look, I'll see a lot of the fuckit is.
(35:04):
It's just like they're just throwing sports bets at you as
soon as you're like the front page.
They're obviously both way aheadof us and I respect both of them
equally, but I, I, I find the UIand UI is really tough.
I, I, I don't know what you, I lost money on polymarket once
bridging there and then never lose money like that happened to
me three times in crypto and I was never able to recover it
(35:28):
actually, but I don't know I agree.
So, but look at how clean it's like so simple.
The new line front page. You have all the lines here.
You have your home here, you have the markets page here.
So now we have these cute littletabs, you know, gaming, economy,
politics, sports, crypto culture, all that good stuff.
And then here you have the different lines, you have the
news. So news tab here directly for
(35:50):
like, you know, the crypt news, etcetera.
Do we have a brand new leader board, which is going to be
super fun soon as we like we're adding like haptics
notifications to see who's buying what.
We're going to add like a littlesocial fire aspect to it like
that. There's already people cooking
on this bitch. That's crazy.
And then new ways to earn, right?
So make sure that you do all these, you know, join our
telegram, sign up to kick, etcetera.
(36:12):
But Tyler, let's definitely pullup some new lines here.
You left what, 30? Lines filter Filter by the USDC
markets here. All tokens on the right.
USDC, but. There's a little bull parlay
that's on the board, OK. So I think maybe for the alt
bulls. So Bitcoin dominance 70% or 56
(36:33):
percent 58 you go no on that or or go 58 on that.
I think that's the perhaps the bull side for an alt rally we've
got. So you got the 58 on that?
Yeah, let's keep, let's keep scrolling, yeah.
Let's keep scrolling, all right?There's a few others that I
liked. Ethereum next 3K or 2K3K is the
(36:55):
the bull side of that. I feel like that's feels more
likely than two Ki like that one.
Scroll down, there's a sailor one that I liked as well.
Sailor not. To sell.
So no on that, I think it's kindof you can get 25%.
You can still buy this, yeah. And you've got also Bitcoin 115
(37:20):
and 95 I I-95 is a tough number for me to fathom without some
huge bad headline. This is a actually man.
What do you think about this one?
That's a pretty good market. Yeah.
I mean, I think it, I think it'sgoing to hit 115 first there.
(37:43):
It's difficult, but I guess morelike to hit 110 is it than it is
115. Like 115 might take a long time
to hit. Basically, it's what I'm
basically going to say. And who knows?
There's always that one headlinethat can get you, although I
don't know how much worse it's going to be than.
Wow, look at this chart. I like this market.
(38:04):
Bulls Bulls in control over on the.
Slightly, yeah. Look how clean.
Man, the new UI is nice shout out to the Marriott team.
God, it's so clean. I feel so good right now.
I look at this, my eyes are likereally happy sometimes.
Don't you just look at Yeep Mandarin like that's my baby?
(38:28):
Do sometime, I mean, we made some changes to the bet feed the
other day and I think we let we,we put the, the amount that you
the, the threshold like being onthe front page like quite low.
And it was, it was just wild. Like, I was like, I was like,
Jesus, It's like kind of crazy when you see someone of this,
(38:52):
like how many people are using it even now.
Like, it's kind of wild. And you just like, you just
like, oh, look, all this stuff happening.
Yeah, no, Hell yeah. And you see it all and you're
like, Oh my God, just some notes.
Make sure you go and vote for uson abstract vote us you can
cheeky 10K points. And then just some notes that,
you know, when we did the migration yesterday, some people
(39:13):
were not seeing their season 1 points and we're like, Oh no, I
lost all my points. Hell no.
You think I would let that happen?
Never. Come on, you know I love you
guys. So any previously open accuracy
predictions can be claimed underclaimed Season 1 button.
Any previously open points predictions or leftover limbo
points will both be taken into consideration while calculating
your season one final placements.
And don't worry, we got you. You won't see a season 1 ranking
(39:37):
just yet because we're still doing final checks and
calculations and this is a freshnew season starting from zero.
But we've removed the daily points cap and we worked a
leaderboard structure. So you will be heavily more
incentivized for predicting in USDC then you will be on points,
that's for sure this time around.
(39:57):
Some things to worth Norton guysis we hit 500,000 users so we
have 500,500 and 2000 sign ups on the platform 4.6 million.
1000. Yeah 502,000 sign ups.
We have like 35,000 DAUS dude. Like 25 to 40K per day depending
(40:19):
on the what that's like. Insane.
Yeah, it's because like there was a whole abstract thing and
then the badness and then that'slike, you know, that's, yeah,
that doesn't mean they all use it daily, but like, it's a cool
metric, right? Like there's a lot of like
there's actively like fucking like, like when we did the
(40:39):
wallet connecting, there was 40,000 people participated in
fucking wallet connected to work.
That's a lot, you know? Yeah, and it's all on chain.
Like we can show all that. Yeah, Mariad, it's someone
doing. I know I have some stats myself,
like some dude made like an insane dude dashboard for us.
And it's just fucking sick. Like, it shows you absolutely
(41:02):
everything. The data's a tiny bit off from
ours, but it's really good regardless.
And it's just shows you like, just like how much traction
Mariad is getting. So like here, like if you look
at this, it's like 4.1 million trades.
It's actually a little more thanthat.
This one shows 395 kids. So this is not up to date
anymore, but it's it's way more.But it's like actually pretty
(41:23):
wild. Like we're we're getting fucked
on like tractions. USDC has over 20,000 traders.
Let me see if this one is more accurate here.
These are like big numbers like we just don't have like insane
volume yet like the same way, you know, Calcia, etcetera have.
But like that's going to come next, right?
Like that's the way we're thinking about it.
It's like you have good product,very good UI.
(41:43):
We have, I believe we have the best UIUX on all production
markets out there and I think like it's, I think I can make
that claim like if you go try any one of them and then try
this one, let me know. The one thing we're lacking on
and which is kind of fucking with the UYUX now is this wallet
integration like you guys on E or any other casino etcetera.
Like you shouldn't have to go like you shouldn't have to like
(42:04):
transfer this and like click 3456 buttons to have your ETH
right? It should just be like a deposit
your own native integrated wallet and it can, you know,
predict on there. So that's coming next.
It's probably #1 it's just that we don't have enough staff to
work on 20 things at once. At least we have to push V3 out
next first. But we're getting there, right?
So hopefully people are going to, you know, start catching on
(42:27):
to those changes that we're making.
And then once, you know, we havethe right volume and everything,
we can talk about the next steps.
And there's that. More, more long day to markets
to it. I love that.
I know with with the upcoming release kind of you were forced
to do a little bit more flash markers.
We had to stop all the yeah. But it's fun to see the the
longer ones we can start tracking more, see how things
(42:48):
shift, change over time. Yeah, we can finally do.
We can. Yeah, this V3, Leo, you can
finally do markets that. And next year, next in the year,
we can do three months markets, 6 months markets, we can do one
year markets, right. We can do forever market.
We can do our markets we can do,we're going to have live markets
for multiple things. We can do a bunch of things.
And then I know the selfie was killing people like people
didn't want to predict with us. And I get that.
(43:10):
Like, you know, when you have a sports markets and you're
getting charged 3% fee to sell the the contract, what would you
predict from Mary had? I can't blame them for that,
right? So now it's gone and and we can
do a lot of fun stuff with the 3% that we charge from the buy
side because, you know, we can introduce a rake back program.
We can introduce a bunch of different share revenue share
(43:30):
program that we're going to introduce with people.
So we can now play the game withour users.
So highly suggest everybody signup to mirror that markets if you
haven't had and participate, participate.
It's worth it. And you guys have a lot of fun.
And what is worse, you know, Mando, I hear you talk about how
gambling sometimes has better returns than than than than the
(43:51):
trenches, which personally I agree with you because
personally I do much better at the blackjack table than on pump
font per SE. I believe that prediction
markets also have a much better return if you're good at if you
know what you're doing than thantrading in general.
So you know, it's worth noting anyways, yeah, hold mirror, get
Rev share. Listen, there's a bunch of stuff
(44:12):
we're going to the flywheel is going to be flywheeling when
time comes. You know, I'm going to go Mirad
mode like Ovi at some point. Just not yet.
It's not yet. I, I can't wait for that, just
like rage tweet like OB does allday long.
You know what I mean? The speed of OB.
(44:33):
Today's the day No 711. It's a 711 event, yeah.
He flew to LA yesterday. Dude, this guy's throwing a
party on the rooftop of fucking 711.
Did you guys hear that? It's.
Incredible. And he, he's got the glitch mop
coming, Yeah. I don't know what's happened
(44:55):
there. Like he seemingly snuck that old
what? Yeah, him and Tad's been
cooking. Dude, probably you should go to
LA. Yeah, I'm not going to be able
to on this short notice, but I do have FOMO for this.
In two days, the party's on June19th.
It's today. It's.
(45:15):
Today, no, but yeah, but this party's on June 19th, the.
Day is June 19th. Today is June 15th.
I thought we were the 17th. Oh yeah, guys, you got to give
me. My brain is still foggy.
OK, I I'm still recovering, right.
Why do you think today was June 17th?
For a second? Yeah.
Glitch mop on the rooftop of 7/11/11 on Melrose is crazy.
(45:41):
GSE is going to sell out. Oh yes, I hope so.
Big deal, man. Any news that's cooking anyways
all right, this is where you give away.
I think it's we're covering somegood stuff.
Wow we're short show We end up talking much so much stuff the
markets not too great enough. I sort of pump already.
Man I'm so tired of this 7th figure Hell bro it.
(46:07):
Just does the same thing each day.
It's just I'm playing Mark like,I mean, do you know how bad it
is? Mendo?
I reconnected the Nintendo Switch.
Nice. Like were there like it's me and
Danny like punching each other over fucking who's better Mario
Kart? Oh yeah, I forgot that Danny's
with you. That's fun.
Yeah. Anyways, all right, let's give
(46:29):
away some money. What is what is it?
What is a website? Was it Eater boards or
something? Eater Boards.
Dot com Eater boards.com is a new website, but that was all
pinned on Kik, so if you were onKik, everything's on there
k.com. Oh, you're listening to the
show. Go follow us on kick.
Go follow us on kick. All the prizes will be giving
(46:51):
out to people. Yeah, and we we pin everything
there from the start, by the way.
Like there's a whole thing. Well, there's 150 live viewers
right now, 275 followers. Let's go.
Did you see the first Wrecked video yesterday with Cook?
It was. It was a good show.
Oh, I missed it. I like a million cars yesterday.
(47:11):
Oh, I can catch up right on kick.
I can watch replay. Yeah, it was good.
Yeah. You can watch the replay.
I think all the shows, you can watch the replay.
Yeah, Yeah, yeah. I really like what we've done
with kick, honestly, 27, five fours.
It's only a fourth day. Guys like this is really good.
All right, let's see the spin the wheel, right?
(47:32):
Who's winning? Crazy Wheels.
Congratulations, you are going to win money.
(47:55):
Space bar 69 Space bar 69, you're going to win some money
today. Did you just cover all the drama
yesterday? Of.
The luckier. Oh, we, we had just had a chat
like it was, it was all right. We just spoke about that.
(48:15):
Like what are the differences between there is?
Oh, what up, Space Farm? What up?
Oh look at you, he's got the fucking banner with the 711.
The red drink. Yo.
I can hear myself. Oh, you're, you're watching the
stream, aren't you? Yeah, I'm going to turn it down.
(48:38):
Yeah, yeah. You could turn it down on there.
How you doing spacebar? Doing well man.
Getting ready for the 711 launchtoday.
How you going? Actually got.
Yeah. Hell yeah.
Oh oh. Absolutely no stuff.
Last night they invited me for adrink, so that was.
No, that's cool. Well, you know what?
Why don't we give you a fucking lot of money today so you can
(48:58):
blow it all tonight? Yeah, I'm excited.
I've been doing this for probably 2 years and I haven't
won, no. Way.
Well, congratulations. OK, Mando, you guys can't be
winning today. You cannot get away with it
today. This guy, you heard it.
He's in LA. He was with OB tabs yesterday
(49:19):
night. He's a big fan.
He's been listening for two years.
So all three of us. He never won.
He's on stage now. We gave away Plinko.
Plinko was OK yesterday, right? I think I was was decent.
Plinko is the talking about. Like I want this guy to make 15
banks. Yeah.
OK, what's the? Plinko has been our biggest
winner so far as a show. Which has.
(49:41):
Plinko. As as this show crazy game like
we never played or Plinko. He's just some game where this
guy can make like 10 grand. Please you can make.
You can make money. On all of these games, But yeah,
it's obviously you can't just like get jackpot on.
Oh, it's not. The uterus?
No, it's. Ask him when we lost.
(50:02):
The. Ball preferably.
Fair guy, go check out the differences.
Pick a game. Pick a game.
Space bar. Oh.
Man, Mando do it for me man. I I feel like risky clicks a
good multiplier game like we probably do some.
Yeah, I hate that one. Oh, he hates that one.
(50:23):
Yeah, let's just, let's just do plinko.
Fuck it, OK? I love it.
I'm going to say it every day, yeah.
Stems and Tyler fucking love that shit.
OK, So what are we easy? Do we do balls?
Do $1010.00 balls on 16. I love that.
Wow. OK, and the balls?
So how many balls? No 50 balls.
(50:45):
Man, 5050 tens high 16. Let me just write down the
number, OK? So it's $936 and $90.00 in the
account in 90. 936 OK 90. 93690,you got you.
I got the screenshot too. I'll just send it in the chat,
OK? OK, OK, Let's fucking go.
(51:07):
OK. All right, Spaceball, Are you
ready? All.
Right, triple mode. Let's send it.
You did already. All right, let's go.
Let's go. How much did you make?
(51:29):
Like I. Think 200 and 200 bucks.
Plus the 500. +500 we get 7700 and.
There you go, congratulations, spaced by you.
Something like 700 bucks. Cool.
I don't know, perfect. What would you make there?
Yeah, because he had a grand to start with and it end on a
grand. So that's 500.
What about a grand? Yeah.
Yeah, what about a grand just byjust over a grand.
(51:52):
Yeah, well, you won a grand. Yeah.
Yeah, because he hit a fucking 26 X Exactly. 500 from it, so
it's just over a. Grand that you want?
Yeah. How much is in the account now?
I can literally tell. You 1000 something.
Yeah, take the, I think 500 awayfrom it.
It's 500 plus the 500 banks. It's a grand.
Well, congratulations, you're making about $1000.
(52:14):
We'll do the math behind the scenes and Century Spacebar.
Congrats. Have fun tonight man.
Yeah, appreciate it. Yeah, appreciate all the work
you guys do. It's, you know, it's exciting.
I wake up every day. I look forward to it.
So thank you guys. Hell yeah, I love that.
Well, we definitely appreciate you, brother.
Mando Tyler, thanks for coming on today and those holidays all
across the place. And with that, with that, with
that. We'll start tomorrow morning, 10
(52:35):
AM. Eastern Standard Time for the
episode of Formal Hour on rock radio.
Let's. Go.
Yo-yo, what up? What up?
Good morning. Good morning GMG.
Thursday, June 19th, 2025. Look at that.
Another beautiful day that had abeautiful day.
I got my coast in the house. Tyler, Tyler.
Tyler Tyler, good morning. How you doing today?
Doing good. It's it's a little bit of a
(00:26):
weird day here with the the random holiday.
I feel like we're still not usedto to Juneteenth and it's just
kind of like on a random day in the middle of the week.
Markets are closed. No one was even expecting it.
So feels like it might be a a slower day, but let's see.
Yeah, that is, it's true. I I honestly had forgotten.
(00:47):
I didn't know it was a holiday and and then I realized, wait,
the markets are closed. Wait, it's the holiday.
But we had already. That's why I planned the show
yesterday. And I was like, oh, wait.
And I got told this morning, butwe may as well run with it.
We don't have to. We don't have to keep it too
long anyways. So we'll keep it.
We'll keep it to the market, we'll keep it to today's topics,
(01:08):
we'll keep it to myriad V2V3. Sorry, it's season 2 if you want
to talk about that. Couldn't really talk about it.
Yes, it was. It would have been useless
anyways. So now that all the launches are
out, so that needs some good stuff to talk to you guys about
today. We're of course, we're going to
do a giveaway at the end of the show, which is probably going to
be a little shorter. We'll give you guys a code and
then you guys will be able to participate in this.
(01:28):
And then as usual, this show is powered by Wallet connect.
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(01:50):
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Just a reminder that we are liveon Kik.
Check us out at D Jans live, DEGENZ live.
(02:11):
You are going to be able to catch us Monday to Friday, 5
days a week on there plus some bonuses.
We have rack radio on there. We have underexposed and you
know Sam streams on there. We're going to be streaming on
there. So overall it's a great channel
to get to get everything you need on there.
I'm going to post a link in a second, but anyways, Tyler looks
like it may be just you and I today.
(02:32):
So let's let's keep it at topicsa little bit of market and then
get through it. NFT and crypto analysis.
Tyler T on FOMO our cause the kid can't.
Yeah, folks, crypto majors are chopping here this morning after
what was a relatively uneventfulFOMC yesterday afternoon.
(02:55):
We've got Bitcoin hanging out, 104.5 ETH down half a percent.
2515 sold down 1% at 1:44 with majors chopping, though there
were still some big alt movers. So Arrow Aerodrome was up 18%.
I believe it's up 70% in the week.
Say was up 10%. And then a couple of those
Solana ecosystem tokens, Ray andGito, both up 8 to 10%.
(03:17):
So some interesting moves in alts, but that pales in
comparison to the moves in equities folks.
Circle stock jumped 33% to $200 a share yesterday on the back of
the Genius Act passing the Senate.
So a huge move, but it wasn't alone.
Coinbase stock jumped 16% yesterday on the back of that
(03:39):
Genius Act, as well as the debutof their Coinbase payments, a
new base based stack enabling seamless 24/7 USDC merchant
payments and integration with Shopify.
So that was big news. We'll dig into it here in a
minute. More crypto companies are eyeing
the Circle IPO and preparing themselves for the latest crypto
prime brokerage, Falcon X. They are now in preliminary
(04:02):
discussions to IPO, perhaps in 2025.
In other headlines, the Bank of England is looking to propose
new crypto restrictions by next year, limiting banks crypto
exposure and likely capping at 1% of assets.
So Europe continues to move the wrong way with respect to
crypto. Not a huge jock for the for the
(04:24):
crypto fly over zone. Polygon Co founder Jordy Bailina
announced yesterday that he and the core ZKEVM team have spun
out into a new independent project called Zisk where
they're looking to build open source low latency ZKVM infra.
Kucoin Kucoin. They're going to start charging
these dormancy fees on inactive accounts.
(04:46):
They don't have KYC on them. They also said basically anyone
who's in restricted zones, USA or China, you're not going to be
able to do it. So just take your assets off.
So I thought that was somewhat notable.
And then Jump Crypto announced its reintroduction into the
crypto space yesterday as well. So Jump is jumping back in.
We got some breaking news this morning, somewhat perhaps
relevant to Crypto X Twitter andnow.
(05:08):
So they're going to enable trading directly within the app
here as soon as they look to build out what they're calling
the Super app. So that's going to be 1 to watch
in token air dropping protocol news folks.
It was a lighter day over here, but myriad still.
The show launched in season 2, all new website mobile
experience, 0% selfies, a new leaderboard, USD Rev share and
more. So we'll dig into that more
(05:29):
later on in the show. In Kaido and info 5, we had open
Ledger announce 50K and rewards for its top 150 Kaido yappers
peak and humanity protocol also announced rewards programs and
then bubble maps announced theirthird blockchain integration in
the past month here this morning, moving over to
telegrams ton, so that was somewhat notable.
Rounding this out, AI market capup 4 percent, 9 billion meme
(05:53):
coin leaders were mostly green, but still kind of chopping up 1
to 3% across the board. This gore token was the sole
meme runner of the night, jumping 15,000% to 10 million
and then NMTS NMTS kind of chopping dipping as well.
So not a whole lot going on overthere.
That's the rundown. Yeah, wow.
What a rundown. Lot going on today.
(06:14):
Amanda, good morning. How you doing?
I'm doing fantastic man, always fantastic.
Life is always fantastic. I love it dude, but somebody
needs to make a meme with this. Fantastic.
I'll let you know, but for now, life is great.
(06:35):
I love to hear that. I love it for you.
I love it for you. By the way, this is literally
the best coconut water in the world.
If you ever fall. Yeah.
How? You doing now?
You do the again. They never answered.
I sent a request. They never answered Portugal.
So OK, thank you for understanding.
(06:55):
So so we're getting there though.
We're getting there, boys. I'm I'm like day six or seven,
so I'll survive we're. We're catching your heat wave.
We're going to be in the 90s Fahrenheit, like everywhere in
the US next week. Yeah, it's hot.
I I would drink so much like coconut water if they made that.
(07:16):
Yo me too. But like pure coconut, there's
it's got to be 100% coconut or nothing.
There's going to be only one. Actually.
Matter of fact, baby coconuts are even healthier and better.
This is baby coconuts. That's why I recommend this one.
Fountain of use Coconuts Vasa. Wait, this is German?
This is German. Germany does make things, you
(07:40):
know. What's nice about coconut water
is you can just, you can just charge absurd prices for it.
Vanessa can. So you can bake in so much
margin. Yeah, yeah, yeah.
I mean, yeah. I mean, I probably paid so much
for this. It was in like an organic store
on top of that. Like I'm probably in for like 4
year old fucking can but I need electrolytes because I've lost a
(08:01):
lot of electrolytes the last 5-6days so I need to recover
anyways. What are we gonna start?
Like it's just maybe the FOMC recap I guess.
It was non event. I didn't even clock in to listen
to anything this time around. Feel like it was nothing going
on. But what happened yesterday with
Powell? Yes, David Pal, to be honest, it
(08:24):
was, it was a bit of a non event.
I would say that we're still heading probably to one for one
rate cut later this year. But he did indicate that it was
probably going to be slower growth, higher inflation, a lot
of that's down to tariffs. He's basically saying.
So it does feel as though, yeah,we're talking about, yeah,
(08:44):
we're, we're, we're talking about a non event for the next
three months, I would reckon. I think we're talking about a he
might Telegraph it in September that they may do something that
sort of stuff. But yeah, I, we didn't, it was
weirdly like, I don't know if you were following the market.
I think the market barely moved,like even during its press.
(09:07):
Conference the only. OMC is like bam bam bam bam.
It was just like, OK, went up and down a little bit, but like
a very, very quiet FOMC. Like look at that, that candle
versus like the day before. It's like a That doesn't feel
like an FOMC day to me. You're right, like the last
(09:28):
three or four have been insane. Like I think we cocked out of
this one. This time, like I don't think
the market really wanted to selloff because it obviously it's
been selling off already becauseof all the Iran stuff and didn't
want to rally because of the Iran stuff.
So then you kind of it just, it felt like very much the second
(09:50):
fiddle to what was what was really driving the market
yesterday. And and that's you saw barely,
barely any sort of price action.Everything's so flat.
Look at, look at the ETH. So funny, right?
It's just like that. It's been remarkably sideways
for a while now. 42 days now. Yeah, it's, it's doing.
(10:12):
I think it's still holding up relatively well.
The, I think today in terms of the the geopolitics stuff, it
feels like not not much happenedyesterday.
Like obviously continued strikesagainst each other, which I said
would happen even if they were starting to even discuss a
(10:34):
ceasefire. There was a Wall Street Journal
article basically saying he's heTrump has approved to strike
that would happen, but has decided he's not pulled the
trigger essentially. Yet then he said the Wall Street
Journal has no idea what he's talking about, right?
Right. I was going to get to that.
Yeah. So like it feels as though, who
(10:56):
knows? What you can tell is that like
there continues to be military assets from.
And it's not just the US now theUK is also sending military
assets there, including some of the big airport aircraft
carriers. So I there's definitely a build
up of military assets. I don't know if that's more like
a threat or not. And a removal of some of the
(11:17):
military assets from Bahrain, which should be like some of the
most easy to strike if anything were to happen.
So I think it's still gearing upfor this like brinkmanship and
and let's see, I would say, but it does feel increasingly like
Israel may just go for this alone.
(11:38):
I don't know but. That's my read.
I think every day that goes by the US does not enter.
It's much less likely. So yeah.
They're not going for it, I don't think.
So Like I they've removed, did you guys see the Qatar air base
like the empty and there's a lot, they've removed a lot of
the stuff around there. Right.
(12:00):
But that was that would be because that would be the first
things that Iran could hit. Yeah, so.
Right. Like so they they've built up
assets in places which are they've moved them to bases
which are actually on the mediumrange missiles rather than on
the short range because Iran hasa lot more short range missiles.
So Iran could just like obliterate some US air bases if
(12:21):
this did kick off with a short range missiles.
I don't know if it, but it definitely has enough to to
cause significant damage to a lot of US air bases.
So all the, all the main ones are in Bahrain, Qatar.
It's got a huge, I think a massive, massive aircraft base
in Qatar. And most of those are now not
(12:44):
there. There's some in Iraq and Syria
as well. I don't know about those.
But they've moved to bases slightly further away basically.
So let's see. Yeah.
Definitely some pretty much taken on but.
I think it feels on hold right now.
I need to revise my prediction. I I thought the this conflict
would be over, this war would beover within seven days.
(13:05):
I think I said that a couple days ago.
I don't really think that anymore.
It feels like it's it's going tobe dragged out longer than that.
I think Israel said two weeks inthe drag in two weeks, see like
this is the first thing they said when they came in, they
said this is going to last two weeks.
So I don't. I don't think it could be over
if those bases get hit though, sorry.
(13:27):
For example, if they hit, they they do hit board out.
I think that's it. I don't think they would
continue. I think they would just like
that's what we wanted to do. It's over, we're out.
So it could just be over like that.
But I agree with you. I don't know how long this
decision is going to take if it's just Israel being asked to
do the job. Like there's been some talk
about that they would, they would spend like a whole day
(13:53):
trying to drop bombs on this onemountain and like who?
It would take a long time and who knows?
Holy Market still has 62% chanceof U.S. military action against.
Iran it is guy that put like half $1,000,000 on the line.
Down down from 80 though. Down from 80.
Highs was 69 yesterday, it's a 62 so it is down.
(14:19):
It's still high though. Like, it's still a lot, yeah.
It's 72% chance before July, so incrementally they think it's
it's most likely to happen in June and July doesn't feel like
anyone's coming to the negotiating table that there was
some some. Aren't they moving?
(14:40):
Are the leaders getting out to Oman to finally meet in Geneva
or something? There were so the Swiss envoy is
still the one speaking to Iran and there's some talk that the
the foreign minister and or I don't know if it's a Prime
Minister, but but the some ministers may be willing to
(15:00):
negotiate outside of coming. And then that that was the first
time you saw sort of that. But like who knows, man?
But but I, what I put out today is kind of what I believe at
this stage, I kind of feel like macro hasn't really moved on
this to be clear, like it's, it's crypto is really de risked.
(15:21):
Like I think a lot of people have been like, right, I don't
want to get involved. And we've had so many like
headlines that people are freaked out on and kind of just
come back to where we, where we've been for the last week.
Now. My first view is the risk reward
is, is to be long. I think even if on the headline
now, I think it it would get bored.
And then I think if there's no headline, if there's no
(15:43):
headline, which I also think it's a possibility, yeah.
In that by no headline I mean a deal is made, so.
So I was trying to get to his tweet about the show.
(16:04):
Let's let our listeners know that we were just looking at
quick, quick, quick. It's a tweeter.
So, you know, Mandel's like the thing with Mandel is like, he'll
tweet like something serious, like with the markets, and then
he'll tweet this and it's like alady.
It's a girl carrying all the luggage.
The husband's walking in front of her, so doing nothing.
(16:26):
And he goes when you ask her to be the hyper liquid girlfriends.
Incredible tweet A plus. Oh my God man, God damn it.
Anyways fuck I think shorts are starting to look crowded.
Everyone waiting for knee jerk reaction lower to a headline.
What if it never comes? Positioning now feels like any
(16:47):
dip will be shallow or short lived.
Risk reward here favors being long.
Percy speaking. I have not touched a single
position in When was I in New York personal conference in the
bar code position. I haven't touched since before
consensus Toronto, even before, yeah, I'd say I haven't traded
(17:12):
in two months, even though I'm like down some stuff that I
bought last month, whatever. Probably a good idea like I I,
but I do think a lot. Of people, I'm down.
I'm not, not by the way I'm down.
I just haven't touched anything.I don't feel like touching it.
Bitcoins gone down to one O 3 KAfew times here on this and it's
not like it's about to go down on a headline A few times like 2
(17:34):
days ago. It felt like, wow, Trump's in
the Situation Room, shit's aboutto go down like there.
Was a joke. The B2 bomber fucking like.
I think people really de rest derest at that time and then now
they're like, I don't want I don't want the heat of all this.
I'll wait to see what the headline is.
I don't think it will RIP in your face if it's a +1.
(17:55):
But I think generally this is also isn't the sort of market
where it will tank to like 90K even if the US from soda so.
But you also put this thing out right.
It's funny that. That says a lot.
Of consensus, like it looks likesentiment here is more bullish
(18:18):
because you have more people that voted 110K before 100K
including myself but in the order books.
Way more shorts and longs. I find that interesting too.
I would just say this shows something very balanced and I
said I would have said if I had put this out when Bitcoin was at
110 K, like are we going to go to 120K or 100K next?
(18:43):
I reckon this would have been 90percent 120K or like 70% + 110
Ki. Don't think anyone was calling
for 100 Ki. Think people were calling for
this is going for 125K. So I think what this tells you
is basically what I'm saying. It feels more balanced so it
feels like if it goes to 100K you'll get bars.
(19:05):
Yeah. I mean, this reflects the
timeline sentiment perfectly. It's.
It's very choppy. It's choppy.
I share it to get more votes but.
I'm seeing more bears in the timeline, but I don't like
what's like what's your, what's your upside shorting majors here
like 10%, 5 to 10%? Like I don't think we're going
(19:29):
much lower than that with the bid that's out there.
I struggle to see Bitcoin below 100K without some massive
headline personally. I don't know, I guess we'll see.
It's it's boring. It's it's flat.
It is what it is. This is the market that we're in
at the moment. But there's still some news.
(19:50):
Tyler, what about some headlines?
Yeah, but we got to talk about these crypto equities.
They are the the the talk of thetown.
So first up was Circle stock Circle up 33% yesterday.
GPT cooked. $200 a share. It told us to buy one word.
Just buy. We should have listened.
We didn't cope on the sidelines.At least, at least I am.
(20:14):
It seems like the move is on theback of the US Senate passing
the Genius Act. We also have some very the the
circle bulls love the commentaryon the Washington yesterday.
So so Trump came out and made a very aggressive statement
telling the House to move light and fast to pass this genius
act, not to put anything else init.
(20:35):
As we talked about the day before that perhaps the concerns
was trying to mix the market structure bill with the genius
act. It says no, don't do that.
Move this to my desk. We're going to pass it ASAP in
the US is going to win digital assets.
And then Scott Besson came out and made more comments yesterday
talking about how stable coins can reinforce dollar supremacy,
how it's not a threat to the thedollar.
(20:58):
It's an important phenomenon. It's been ignored for far too
long. So you had the genius act.
You have positive commentary outof Washington markets loved it.
This thing is trading at 2200 X rights to earnings right now at
206 X from IPO. It was very viable in the 80 to
(21:19):
$100 range. Like it was not that viable day
one at 30 unless you you got in pre IPO but it was an easy 2X in
any any size you wanted. Isn't this a signal, though?
The rest of the market, Like I'mso surprised to see this and
everything else is choppy like like what Mandel's saying, Like,
(21:42):
you know what, I was so short, but looks likely we go up.
Did you guys feel like, isn't this weird?
There's so much appetite for crypto technique?
Like clearly there's a. Potential negative signal here
that crypto stocks are going to take all the inflows.
Look at coin. This year and not our beloved
(22:05):
Alts. I think that's, I mean, I, I, I
of the other podcast that I follow, that's what everyone's
talking about. Yeah.
Everyone's like open up a Robin Hood account, start trading
crypto stocks. Like this is where a lot of
people are shifting. So I think I think this is 100%
happening. It is what they're saying like
(22:26):
what are you going to buy? Are you going to buy circle
AT20220200X here? Are you going to buy Coinbase
stock? I think that's.
Yeah, yeah. I agree with you.
There's no value in those. But I think they're talking more
about like the. Treasury companies.
Yeah. But that's the House of Cards.
Like, I mean, you got to be in so early.
(22:47):
Yeah. Yeah, it's.
I mean, is it better or worse inthe trenches you think?
Trenches are God awful. Like even I'm out in the
trenches. What I'm trying to say is like,
you have to be in early. Like I think, do you know what I
mean? Like they just they don't care.
Like you could we would have said, oh, you're not in the
early to circle. And then this kept on going,
(23:08):
like when crypto Bros take over a chart, it's just a Ponzi.
We're all going to move to public listed stocks.
It's all it's going to be like pump fun shots out here.
Get ready to see some of those on on on crypto treasury
companies. Yeah, I, I think you're right.
And I, I want to talk about the impacts like do we just need to
(23:31):
auto fire like whatever the nextcrypto IPO is like regardless of
its merits or fundamentals? Like I feel like it's going to
be a very public trade as long as it's not like a a shit
company. Yeah, I think.
I think I think a lot of a lot of people are going to do this,
(23:52):
basically. Circle caught the bid, but it
wasn't just them. Coinbase also up 16% on the day.
They also benefit from the Genius act.
They also had this, this announcement yesterday, Coinbase
payments where they are effectively moving deeper into
(24:13):
the global payment space. They're they're going to have
this integration allowing merchants to accept USDC
payments powered by base 24/7 around the globe.
And they have integrated with Shopify already.
I was digging into this. Where this gets cool is they
have a few different modules with how this is going to
actually work operationally. And 1 is this it's called a
stable coin. Check out and it's going to
(24:35):
generate a pop up that lets customers pay with their
Metamask Phantom or Coinbase wallet in a gasless experience.
So that that's pretty cool. And I don't know that I
connected the dots. That's how operationally this
was going to work. So you've got a crypto wallet
with USDC on base. You can go to any Shopify store
that's integrated couple clicks and you can use your crypto.
(25:01):
That's cool utility and it's taken us, you know, one step
forward to to being able to use crypto to buy anything IRL in
the world. And this is a big win for
Coinbase because it's powered bybased also likely a win for USD
first circle USDC just getting more, you know, proliferate
(25:22):
across the world. So this is a big one.
Wow. What do you?
What do you think about the other companies that will have
all come through potentially like Gemini and and Tron and
there was another one today, right, What was?
This fucking X. So the question is like.
(25:44):
It's probably the descending roller coaster loops.
Circle is going to be the big one of the circle.
Circle was your Trump. Circle was your.
But Tron is interesting like I'mnot I'm.
Not sure what's the demand for Gemini and public markets like
it doesn't even. I guess boomers don't see that.
(26:05):
But like when Gemini lists a meme coin, it doesn't even move.
It depends on the price. So they're going to be comps to
Coinbase, right? Right.
For the wrongful, is it 75 billion?
Yeah, I don't know. I don't know demand for that
stuff, but I don't know the markets like that so much so.
(26:28):
I think you want to be next. I don't think now is the time to
be dragging your feet. Like I think if you've made the
decision to IPO, you want to, you want to go.
Hear me out. We're going to SPAC Myriad,
Myriad's back. We're going to reverse.
We're going to perform a reversetriangular merger with a
(26:50):
publicly listed company on the NASDAQ and we are going to IPO
it and the ticker will be there,but instead of being a token
chain, it's going to be a stock listed on NASDAQ.
I mean, it would definitely go up, so let's go cold on that.
(27:10):
Yeah, I'm kidding. Let us know the let us.
Know the oh shut up Sims with your fucking this guy post hosts
opinion on their owns on the on the on the feed.
Get out of here anyways. Of course we probably can't do
this because prediction markets aren't even fully legal in USA.
Sorry, crime. Season, my friend, crime season.
(27:33):
Do whatever you hell you like. I, I, I wish I was a criminal
sometimes I just can't. I don't have it in any man.
And I talk about this with logs.I'm like, everyone's doing crazy
shit, raising a fuck ton of money and here we are busting
our fucking balls, all their steps as fuck, doing our best.
(27:53):
I just wish I had a name, man. I don't I don't definitely not
trying to Max extract with that one.
Definitely not, definitely not. But but it's OK.
Good guys don't always finish last, boys.
Good guys don't always finish last.
Anyways, we're going to talk about me right in a minute
because I definitely want to chat about what what what we
(28:14):
what what we've pushed out recently.
But Tyler, in the meantime, is there anything else there was a
we should talk about X? Like, this is some pretty big
stuff, right? Yeah, we don't have a whole lot
of details, but the the headlinehere is let me find that.
Yeah. Linda Yakarino, chief exec of
Twitter X said that soon users will be able to make investments
(28:36):
or trades on their social media platform as they look to get
deeper into financial services and build this everything app.
So we don't know exactly what that means.
We don't know what type of assets likely means.
I would imagine it's, it's likely going to be stocks to
begin with. I am curious if they'll open
this up to crypto. I feel like we've gotten some
(28:57):
mixed feedback on that from Elon.
So I my my gut is it would not be crypto out of the gate, but
maybe it is. Maybe that's also part of why
they just banned a lot of those crypto accounts posting their
own links. Who knows, there'll be some
tinfoil that speculation on this, but it's been clear
they're going this way since they started monetizing the app.
(29:19):
I think it it's very interestingthat right now if also know
creators who get paid it, it goes to their bank account or or
however they they choose to get paid out.
If you got paid to a Twitter account instead of directly to
your to your bank and you just had those funds sitting there
and you could also make trades with them on X.
It's kind of interesting, right?I feel like I would be more
(29:41):
likely to just keep the the funds in that slush bank and
maybe try to run it up on the everything app versus just
cashing it out. So I think that's another
perhaps lever they'll have to kind of keep some of that
creator money in ecosystem as well.
We haven't really seen this. I guess China might have a
version of this like their theirown everything app.
(30:03):
I'm not super familiar. Yeah.
There's everything on there. Line has in Japan is like known
as being one of these. Yeah.
Weibo or WeChat I guess in China, but I think it's more
popular in Asia than it is here or in West Western countries at
least. Yeah, I wonder why, like
(30:26):
anything else. Everything app like I guess
Amazon's kind of there you wouldsay.
No, they. They haven't got a social media
platform, do they? That's the one.
But they have everything else you know well now.
X has like exclusive shows, did you guys see that?
Apple maybe. Apple, like, I don't think it's
(30:47):
like an app, it's a phone. You know, like X is the closest
thing that could potentially like they just announced like
exclusive shows and the X exclusive.
Did you guys not see that X is trying to get into that business
too here? X Originals, Yeah, I saw it like
a couple weeks ago. It's like a like X Originals,
(31:10):
you know, for original content with pomp, Khloe Kardashian,
Celtics offseason. Yeah, I know.
It's so funny here. And I guess they're trying to do
it ex original shows now or something.
I feel like they're trying to bea lot.
Yeah, I'm looking forward to that Khloe Kardashian one.
(31:35):
Yeah, you would like that one, eh?
Oh. Yeah.
Khloe Waderland, that's right down your alleyway, I think.
But anyways, we'll see there's. Going to be security concerns
right? Like people it's hard to keep
your ex account secure like a lot of people get hacked.
Yeah, I mean the China 1 is crazy.
Like it's like type of government and shit.
(31:56):
Like to join WeChat, like you have to like be approved and go
to the government or it's like crazy type your bank account.
Like it's like letting you live on WeChat, like your whole life
is around that WeChat thing. It's pretty, it's pretty wild
the way, the way it functions. But anyways, so there's that.
(32:16):
So X we'll see. I mean, they did say there's
much more coming with the polymarket integration And, and
we did say that like you need payments and trading first.
So I'm assuming that you'll be able to be able to do everything
within the app. So I, I, I just wonder how
they're going to integrate all this.
Like if I were XI would just buyforecaster and just call it and
just like try and like do some like really cool Unchained stuff
(32:37):
and like build from that spark casters build some really good,
like spark casters build a good skeleton.
You know, it's got a great like base a good move.
I don't know. I don't know.
We'll see. Anyways, is there anything else
or try to go down to the? Period.
Season 2, baby. Let's let's go.
(32:57):
Myriad season 2 Hell yeah Well, yesterday, yesterday, yesterday
we announced Myriad V3 AKA season 2 to go live.
The the website went down for a couple of hours so that we could
move it. We've now, you know, have a new
website and mobile experience which is optimized and it's
incredible. I'll share it on the screen in a
(33:18):
second No more selfie. This is something that drove all
of us crazy. Yes us meaning us as well
insane. There's we had a fee on the box,
which is normal, but there was another fee on the sale, which
is not normal. So now you have no more selfie
when trading on myriad as you should never have had.
So it's gone new leader board and new challenges.
(33:40):
By the way, there's going to be some really good stuff going on.
You should definitely pay attention.
We have some really cool partnerships and integrations on
the way, but first wanted to push out, you know, good
product, something that was like, you know, ready and more
robust. Like I said, network expansion,
new partners, new players, new events, more ways to win and
then a new Rev share program as well as that with A1 on one Rev
(34:00):
share linking for USDC. So you share to earn on all
markets open to everyone. USDC Rev sharing for everyone
will open at a later date. So we we we're cooking, we're
cooking. There's a lot of good stuff
coming on that front. Did you guys get to see it?
Sounds pretty fun. I did.
I want to. I think we should pull up some
(34:21):
of the lines I've got. I've got some thoughts.
Oh, how clean is this? Like, how clean is our branding?
You know what I mean? Looks good.
It's. Nice, right?
I I generally think we have the best production market product
out in terms of UI, UX. Like once you use Marriott,
you're like what the fuck? Like why is everything like
(34:42):
this? Generally speaking, I think it's
so good. I love the new logo, definitely
need a little change, but let's definitely put up some of the
lines here. I think what's up?
I don't know what I what what you guys, what you think, but I
think Cal shoes, I hate it as far as Polymark it, I think it's
all right. But yeah, I really, I'm Maria.
Look, I'll see a lot of the fuckit is.
(35:04):
It's just like they're just throwing sports bets at you as
soon as you're like the front page.
They're obviously both way aheadof us and I respect both of them
equally, but I, I, I find the UIand UI is really tough.
I, I, I don't know what you, I lost money on polymarket once
bridging there and then never lose money like that happened to
me three times in crypto and I was never able to recover it
(35:28):
actually, but I don't know I agree.
So, but look at how clean it's like so simple.
The new line front page. You have all the lines here.
You have your home here, you have the markets page here.
So now we have these cute littletabs, you know, gaming, economy,
politics, sports, crypto culture, all that good stuff.
And then here you have the different lines, you have the
news. So news tab here directly for
(35:50):
like, you know, the crypt news, etcetera.
Do we have a brand new leader board, which is going to be
super fun soon as we like we're adding like haptics
notifications to see who's buying what.
We're going to add like a littlesocial fire aspect to it like
that. There's already people cooking
on this bitch. That's crazy.
And then new ways to earn, right?
So make sure that you do all these, you know, join our
telegram, sign up to kick, etcetera.
(36:12):
But Tyler, let's definitely pullup some new lines here.
You left what, 30? Lines filter Filter by the USDC
markets here. All tokens on the right.
USDC, but. There's a little bull parlay
that's on the board, OK. So I think maybe for the alt
bulls. So Bitcoin dominance 70% or 56
(36:33):
percent 58 you go no on that or or go 58 on that.
I think that's the perhaps the bull side for an alt rally we've
got. So you got the 58 on that?
Yeah, let's keep, let's keep scrolling, yeah.
Let's keep scrolling, all right?There's a few others that I
liked. Ethereum next 3K or 2K3K is the
(36:55):
the bull side of that. I feel like that's feels more
likely than two Ki like that one.
Scroll down, there's a sailor one that I liked as well.
Sailor not. To sell.
So no on that, I think it's kindof you can get 25%.
You can still buy this, yeah. And you've got also Bitcoin 115
(37:20):
and 95 I I-95 is a tough number for me to fathom without some
huge bad headline. This is a actually man.
What do you think about this one?
That's a pretty good market. Yeah.
I mean, I think it, I think it'sgoing to hit 115 first there.
(37:43):
It's difficult, but I guess morelike to hit 110 is it than it is
115. Like 115 might take a long time
to hit. Basically, it's what I'm
basically going to say. And who knows?
There's always that one headlinethat can get you, although I
don't know how much worse it's going to be than.
Wow, look at this chart. I like this market.
(38:04):
Bulls Bulls in control over on the.
Slightly, yeah. Look how clean.
Man, the new UI is nice shout out to the Marriott team.
God, it's so clean. I feel so good right now.
I look at this, my eyes are likereally happy sometimes.
Don't you just look at Yeep Mandarin like that's my baby?
(38:28):
Do sometime, I mean, we made some changes to the bet feed the
other day and I think we let we,we put the, the amount that you
the, the threshold like being onthe front page like quite low.
And it was, it was just wild. Like, I was like, I was like,
Jesus, It's like kind of crazy when you see someone of this,
(38:52):
like how many people are using it even now.
Like, it's kind of wild. And you just like, you just
like, oh, look, all this stuff happening.
Yeah, no, Hell yeah. And you see it all and you're
like, Oh my God, just some notes.
Make sure you go and vote for uson abstract vote us you can
cheeky 10K points. And then just some notes that,
you know, when we did the migration yesterday, some people
(39:13):
were not seeing their season 1 points and we're like, Oh no, I
lost all my points. Hell no.
You think I would let that happen?
Never. Come on, you know I love you
guys. So any previously open accuracy
predictions can be claimed underclaimed Season 1 button.
Any previously open points predictions or leftover limbo
points will both be taken into consideration while calculating
your season one final placements.
And don't worry, we got you. You won't see a season 1 ranking
(39:37):
just yet because we're still doing final checks and
calculations and this is a freshnew season starting from zero.
But we've removed the daily points cap and we worked a
leaderboard structure. So you will be heavily more
incentivized for predicting in USDC then you will be on points,
that's for sure this time around.
(39:57):
Some things to worth Norton guysis we hit 500,000 users so we
have 500,500 and 2000 sign ups on the platform 4.6 million.
1000. Yeah 502,000 sign ups.
We have like 35,000 DAUS dude. Like 25 to 40K per day depending
(40:19):
on the what that's like. Insane.
Yeah, it's because like there was a whole abstract thing and
then the badness and then that'slike, you know, that's, yeah,
that doesn't mean they all use it daily, but like, it's a cool
metric, right? Like there's a lot of like
there's actively like fucking like, like when we did the
(40:39):
wallet connecting, there was 40,000 people participated in
fucking wallet connected to work.
That's a lot, you know? Yeah, and it's all on chain.
Like we can show all that. Yeah, Mariad, it's someone
doing. I know I have some stats myself,
like some dude made like an insane dude dashboard for us.
And it's just fucking sick. Like, it shows you absolutely
(41:02):
everything. The data's a tiny bit off from
ours, but it's really good regardless.
And it's just shows you like, just like how much traction
Mariad is getting. So like here, like if you look
at this, it's like 4.1 million trades.
It's actually a little more thanthat.
This one shows 395 kids. So this is not up to date
anymore, but it's it's way more.But it's like actually pretty
(41:23):
wild. Like we're we're getting fucked
on like tractions. USDC has over 20,000 traders.
Let me see if this one is more accurate here.
These are like big numbers like we just don't have like insane
volume yet like the same way, you know, Calcia, etcetera have.
But like that's going to come next, right?
Like that's the way we're thinking about it.
It's like you have good product,very good UI.
(41:43):
We have, I believe we have the best UIUX on all production
markets out there and I think like it's, I think I can make
that claim like if you go try any one of them and then try
this one, let me know. The one thing we're lacking on
and which is kind of fucking with the UYUX now is this wallet
integration like you guys on E or any other casino etcetera.
Like you shouldn't have to go like you shouldn't have to like
(42:04):
transfer this and like click 3456 buttons to have your ETH
right? It should just be like a deposit
your own native integrated wallet and it can, you know,
predict on there. So that's coming next.
It's probably #1 it's just that we don't have enough staff to
work on 20 things at once. At least we have to push V3 out
next first. But we're getting there, right?
So hopefully people are going to, you know, start catching on
(42:27):
to those changes that we're making.
And then once, you know, we havethe right volume and everything,
we can talk about the next steps.
And there's that. More, more long day to markets
to it. I love that.
I know with with the upcoming release kind of you were forced
to do a little bit more flash markers.
We had to stop all the yeah. But it's fun to see the the
longer ones we can start tracking more, see how things
(42:48):
shift, change over time. Yeah, we can finally do.
We can. Yeah, this V3, Leo, you can
finally do markets that. And next year, next in the year,
we can do three months markets, 6 months markets, we can do one
year markets, right. We can do forever market.
We can do our markets we can do,we're going to have live markets
for multiple things. We can do a bunch of things.
And then I know the selfie was killing people like people
didn't want to predict with us. And I get that.
(43:10):
Like, you know, when you have a sports markets and you're
getting charged 3% fee to sell the the contract, what would you
predict from Mary had? I can't blame them for that,
right? So now it's gone and and we can
do a lot of fun stuff with the 3% that we charge from the buy
side because, you know, we can introduce a rake back program.
We can introduce a bunch of different share revenue share
(43:30):
program that we're going to introduce with people.
So we can now play the game withour users.
So highly suggest everybody signup to mirror that markets if you
haven't had and participate, participate.
It's worth it. And you guys have a lot of fun.
And what is worse, you know, Mando, I hear you talk about how
gambling sometimes has better returns than than than than the
(43:51):
trenches, which personally I agree with you because
personally I do much better at the blackjack table than on pump
font per SE. I believe that prediction
markets also have a much better return if you're good at if you
know what you're doing than thantrading in general.
So you know, it's worth noting anyways, yeah, hold mirror, get
Rev share. Listen, there's a bunch of stuff
(44:12):
we're going to the flywheel is going to be flywheeling when
time comes. You know, I'm going to go Mirad
mode like Ovi at some point. Just not yet.
It's not yet. I, I can't wait for that, just
like rage tweet like OB does allday long.
You know what I mean? The speed of OB.
(44:33):
Today's the day No 711. It's a 711 event, yeah.
He flew to LA yesterday. Dude, this guy's throwing a
party on the rooftop of fucking 711.
Did you guys hear that? It's.
Incredible. And he, he's got the glitch mop
coming, Yeah. I don't know what's happened
(44:55):
there. Like he seemingly snuck that old
what? Yeah, him and Tad's been
cooking. Dude, probably you should go to
LA. Yeah, I'm not going to be able
to on this short notice, but I do have FOMO for this.
In two days, the party's on June19th.
It's today. It's.
(45:15):
Today, no, but yeah, but this party's on June 19th, the.
Day is June 19th. Today is June 15th.
I thought we were the 17th. Oh yeah, guys, you got to give
me. My brain is still foggy.
OK, I I'm still recovering, right.
Why do you think today was June 17th?
For a second? Yeah.
Glitch mop on the rooftop of 7/11/11 on Melrose is crazy.
(45:41):
GSE is going to sell out. Oh yes, I hope so.
Big deal, man. Any news that's cooking anyways
all right, this is where you give away.
I think it's we're covering somegood stuff.
Wow we're short show We end up talking much so much stuff the
markets not too great enough. I sort of pump already.
Man I'm so tired of this 7th figure Hell bro it.
(46:07):
Just does the same thing each day.
It's just I'm playing Mark like,I mean, do you know how bad it
is? Mendo?
I reconnected the Nintendo Switch.
Nice. Like were there like it's me and
Danny like punching each other over fucking who's better Mario
Kart? Oh yeah, I forgot that Danny's
with you. That's fun.
Yeah. Anyways, all right, let's give
(46:29):
away some money. What is what is it?
What is a website? Was it Eater boards or
something? Eater Boards.
Dot com Eater boards.com is a new website, but that was all
pinned on Kik, so if you were onKik, everything's on there
k.com. Oh, you're listening to the
show. Go follow us on kick.
Go follow us on kick. All the prizes will be giving
(46:51):
out to people. Yeah, and we we pin everything
there from the start, by the way.
Like there's a whole thing. Well, there's 150 live viewers
right now, 275 followers. Let's go.
Did you see the first Wrecked video yesterday with Cook?
It was. It was a good show.
Oh, I missed it. I like a million cars yesterday.
(47:11):
Oh, I can catch up right on kick.
I can watch replay. Yeah, it was good.
Yeah. You can watch the replay.
I think all the shows, you can watch the replay.
Yeah, Yeah, yeah. I really like what we've done
with kick, honestly, 27, five fours.
It's only a fourth day. Guys like this is really good.
All right, let's see the spin the wheel, right?
(47:32):
Who's winning? Crazy Wheels.
Congratulations, you are going to win money.
(47:55):
Space bar 69 Space bar 69, you're going to win some money
today. Did you just cover all the drama
yesterday? Of.
The luckier. Oh, we, we had just had a chat
like it was, it was all right. We just spoke about that.
(48:15):
Like what are the differences between there is?
Oh, what up, Space Farm? What up?
Oh look at you, he's got the fucking banner with the 711.
The red drink. Yo.
I can hear myself. Oh, you're, you're watching the
stream, aren't you? Yeah, I'm going to turn it down.
(48:38):
Yeah, yeah. You could turn it down on there.
How you doing spacebar? Doing well man.
Getting ready for the 711 launchtoday.
How you going? Actually got.
Yeah. Hell yeah.
Oh oh. Absolutely no stuff.
Last night they invited me for adrink, so that was.
No, that's cool. Well, you know what?
Why don't we give you a fucking lot of money today so you can
(48:58):
blow it all tonight? Yeah, I'm excited.
I've been doing this for probably 2 years and I haven't
won, no. Way.
Well, congratulations. OK, Mando, you guys can't be
winning today. You cannot get away with it
today. This guy, you heard it.
He's in LA. He was with OB tabs yesterday
(49:19):
night. He's a big fan.
He's been listening for two years.
So all three of us. He never won.
He's on stage now. We gave away Plinko.
Plinko was OK yesterday, right? I think I was was decent.
Plinko is the talking about. Like I want this guy to make 15
banks. Yeah.
OK, what's the? Plinko has been our biggest
winner so far as a show. Which has.
(49:41):
Plinko. As as this show crazy game like
we never played or Plinko. He's just some game where this
guy can make like 10 grand. Please you can make.
You can make money. On all of these games, But yeah,
it's obviously you can't just like get jackpot on.
Oh, it's not. The uterus?
No, it's. Ask him when we lost.
(50:02):
The. Ball preferably.
Fair guy, go check out the differences.
Pick a game. Pick a game.
Space bar. Oh.
Man, Mando do it for me man. I I feel like risky clicks a
good multiplier game like we probably do some.
Yeah, I hate that one. Oh, he hates that one.
(50:23):
Yeah, let's just, let's just do plinko.
Fuck it, OK? I love it.
I'm going to say it every day, yeah.
Stems and Tyler fucking love that shit.
OK, So what are we easy? Do we do balls?
Do $1010.00 balls on 16. I love that.
Wow. OK, and the balls?
So how many balls? No 50 balls.
(50:45):
Man, 5050 tens high 16. Let me just write down the
number, OK? So it's $936 and $90.00 in the
account in 90. 936 OK 90. 93690,you got you.
I got the screenshot too. I'll just send it in the chat,
OK? OK, OK, Let's fucking go.
(51:07):
OK. All right, Spaceball, Are you
ready? All.
Right, triple mode. Let's send it.
You did already. All right, let's go.
Let's go. How much did you make?
(51:29):
Like I. Think 200 and 200 bucks.
Plus the 500. +500 we get 7700 and.
There you go, congratulations, spaced by you.
Something like 700 bucks. Cool.
I don't know, perfect. What would you make there?
Yeah, because he had a grand to start with and it end on a
grand. So that's 500.
What about a grand? Yeah.
Yeah, what about a grand just byjust over a grand.
(51:52):
Yeah, well, you won a grand. Yeah.
Yeah, because he hit a fucking 26 X Exactly. 500 from it, so
it's just over a. Grand that you want?
Yeah. How much is in the account now?
I can literally tell. You 1000 something.
Yeah, take the, I think 500 awayfrom it.
It's 500 plus the 500 banks. It's a grand.
Well, congratulations, you're making about $1000.
(52:14):
We'll do the math behind the scenes and Century Spacebar.
Congrats. Have fun tonight man.
Yeah, appreciate it. Yeah, appreciate all the work
you guys do. It's, you know, it's exciting.
I wake up every day. I look forward to it.
So thank you guys. Hell yeah, I love that.
Well, we definitely appreciate you, brother.
Mando Tyler, thanks for coming on today and those holidays all
across the place. And with that, with that, with
that. We'll start tomorrow morning, 10
(52:35):
AM. Eastern Standard Time for the
episode of Formal Hour on rock radio.
Let's. Go.
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