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Crypto Rundown: Top Altcoins to Own RIGHT NOW! · CRYPTO 101

0:08
[SPEAKER_00]: All right, everybody, welcome back to the Crypto run down happy Friday and you know that you are in the right place If you've been listening the last couple weeks.
0:15
[SPEAKER_00]: We've given you so much alpha on this show.
0:17
[SPEAKER_00]: It's almost hard to recap We've been talking about Z-Cash we're talking about Robin Hood chain specifically ponds It's been an absolute plethora of alpha inside the community and even on the podcast this last six weeks But again, this is what we do it for this is why we pound the table
0:36
[SPEAKER_00]: Again, when it's the bore you out phase or the volatility phase and price action isn't going your way keep coming back to the show keep listening because that is where the alpha is and if you have been somebody that's been a long term listener this year consistently coming back you can point back to many points are many different episodes and talks.
0:55
[SPEAKER_00]: where Alpha was given.
0:56
[SPEAKER_00]: We're going to cover some of that on the show and we're also going to talk about the top altcoins that are going on right now.
1:01
[SPEAKER_00]: It's something that I get really proud about not only for the show that I try to produce a good show for you guys, but I'm proud of the team, proud of Bryce, Brendan, Joe, Brian Hunter, like they have been putting in the work and if you're inside the community you know because you have touched base with them every single day.
1:14
[SPEAKER_00]: day and it's something that we want to celebrate so this is an episode of celebration for where we are celebration of the team and celebration of the future because we think that there's a lot of positive stuff to come and that's what it's all about Brian give me a mic check.
1:30
[SPEAKER_01]: Hey, Mike, Mike, one, two and we're back.
1:33
[SPEAKER_01]: We're back.
1:33
[SPEAKER_00]: We're back.
1:33
[SPEAKER_00]: We're live.
1:34
[SPEAKER_00]: We're doing it live and we're just doing a little victory lap for the team.
1:38
[SPEAKER_00]: I just gave Kudos to you and the whole entire team of, you know, this is what it's all about.
1:42
[SPEAKER_00]: And I want to tee people up for the show now.
1:44
[SPEAKER_00]: Hey, there's a lot of action going on.
1:46
[SPEAKER_00]: There's a lot of news going on.
1:47
[SPEAKER_00]: We're going to cover that top to bottom.
1:48
[SPEAKER_00]: There's a couple of the top altcoins that we see making the most news.
1:51
[SPEAKER_00]: We're going to talk about him here.
2:00
[SPEAKER_00]: If you're new here, bottom right hit subscribe and turn on the bell notifications for the show for the live show if you want to join us live.
2:06
[SPEAKER_00]: Brian.
2:07
[SPEAKER_00]: Welcome back.
2:08
[SPEAKER_00]: Glad you got the mic figured out.
2:09
[SPEAKER_00]: We have coin market cap up.
2:11
[SPEAKER_00]: Still a positive week, a little bit of volatility today.
2:14
[SPEAKER_00]: Some jobs numbers came in on the positive side.
2:17
[SPEAKER_00]: You're thinking, oh, good.
2:18
[SPEAKER_00]: Everybody has jobs, but I think that the market might fear a little bit of a rate hike in the middle of September that people are eyeing.
2:24
[SPEAKER_00]: So what do you see in here from the big board before we top into jumping to the top altcoins that are making the most noise?
2:31
[SPEAKER_01]: Well, I'll tell you what, man, I'm smiling like a butcher's dog.
2:33
[SPEAKER_01]: It's been some fun times out here.
2:36
[SPEAKER_01]: I mean, I was so excited.
2:37
[SPEAKER_01]: I sort of grabbed on my mic.
2:39
[SPEAKER_01]: Something that you always tell me before pretty showed.
2:42
[SPEAKER_01]: Don't touch your mic because I get so excited.
2:45
[SPEAKER_01]: But the boards, the boards are like a pretty good, man.
2:48
[SPEAKER_01]: The main board is pretty good.
2:49
[SPEAKER_01]: We'll get jumping to what's going on in Robin Hood.
2:52
[SPEAKER_01]: I think it's the way we teed it up, the way we mapped it out all summer, kind of when we're in those low periods, when the fear and greed sitting at a nine, we're like just hanging there with us, because the market's going to start to bring up, it's starting to turn alive again, and that's exactly what we're showing.
3:09
[SPEAKER_01]: We did, and you nailed it kind of with the job's numbers.
3:12
[SPEAKER_01]: Bitcoin, I think, was it like 81,000 bucks?
3:14
[SPEAKER_01]: Yes, today.
3:15
[SPEAKER_01]: Small peel back.
3:17
[SPEAKER_01]: But dude, what we're sitting at 79,000 dollars right now.
3:21
[SPEAKER_01]: I mean, this feels like it happened pretty quick and it feels strong.
3:27
[SPEAKER_01]: I'm absolutely loving where we are with Bitcoin.
3:30
[SPEAKER_01]: I, I think we, we're going to see some more fireworks coming to the fall and Bitcoin's not
3:40
[SPEAKER_00]: Yeah, it's been a fun couple weeks and no more fun has been had then on Robin of Jane.
3:46
[SPEAKER_00]: We're going to do a big segment here on Robin of Jane and just the, I don't even know, just the amount of activity on there is kind of staggering Robin of Jane flipping a theorem and hyper liquid in 24 hours revenue this week.
4:01
[SPEAKER_00]: Pretty pretty insane coming for a iron up salon and X. I know it has, I think it had the most activity this week as well.
4:10
[SPEAKER_00]: just throw on a high level view of the chain as a whole and then bring us into their so much activity that something negative happened just this morning.
4:17
[SPEAKER_01]: Yeah, I guess we should talk about Robinhood chain flipping Ethereum and Hyperlick with a NAP revenue.
4:24
[SPEAKER_01]: So for a 24-hour period there, Robinhood generated.
4:28
[SPEAKER_01]: I think it was like 2.6 2.66 million bucks in revenue.
4:32
[SPEAKER_01]: Hyperlick would be like 1.7 in Ethereum was 1.27.
4:36
[SPEAKER_01]: So Robinhood chain actually beat both of them for the day.
4:40
[SPEAKER_01]: Now, there's a pretty big caveat there.
4:42
[SPEAKER_01]: Almost 90% of the revenue is coming from apps like GMGN, pawns.
4:48
[SPEAKER_01]: We'll talk about later on and show uni swap.
4:50
[SPEAKER_01]: So we're not talking about this giant mature ecosystem.
4:53
[SPEAKER_01]: It's a really a handful of apps that are driving the activity, but it's still real activity.
5:00
[SPEAKER_01]: And that's why it's so interesting right now because it's just getting started.
5:06
[SPEAKER_01]: And that's where the attention is and I think Robin Hood is this entire chain is one of the most interesting matters we've seen in a long time and I think it's a big reason that we're seeing a lot of movement and a lot of different coins.
5:20
[SPEAKER_00]: Yeah, and it's getting a ton of good press obviously on crypto Twitter specifically it's even leaking out into the mainstream media, which is what you guys know I like to keep tabs on for us all.
5:42
[SPEAKER_00]: on their on their chain.
5:43
[SPEAKER_00]: And then I guess there's some push back here.
5:45
[SPEAKER_01]: Yeah, this was this was Adam Iran, I believe he's a CEO and he was junk jumping in this token I stocked a baby went off on how Robinhood over the fact that they're tokenized versions of AMC and reportedly more than 190 other stocks are offered.
6:01
[SPEAKER_01]: He kind of maps that out and he really didn't hold back in this Twitter Twitter post.
6:06
[SPEAKER_01]: I watched this kind of happen live.
6:09
[SPEAKER_01]: He called it outrageous, disgusting, inexcusable, vile, any word that you can imagine.
6:14
[SPEAKER_01]: Basically, empty the entire source on any word related behind that.
6:20
[SPEAKER_01]: His main point is that AMC is nothing to do with these tokens, and they aren't actually AMC issue shares.
6:27
[SPEAKER_01]: Then good old Vlad!
6:29
[SPEAKER_01]: you can see he replies what's the concern and of course that's that's kind of sort of trending in a meme itself which pretty much tells you how far these these two sides are a part of the CO of AMC is looking at this as a public company CEO saying you're putting something with my ticket on chain that we didn't authorize and Robinhood's looking at is a tokenized market exposure being offered through a different structure.
6:54
[SPEAKER_01]: There's also some regulatory issues here in legal questions, but from a market perspective, this is really a fight worth watching in my opinion, because tokenized stocks are clearly becoming a real product category, and now companies, names, are attached to them, and they're starting to notice, and I've been waiting for this to be completely honest with you, good or bad, if the AMC's just one point, and I was in this meme coin
7:24
[SPEAKER_01]: That was trading really well called cinema.
7:27
[SPEAKER_01]: It was like the ticker was a cinema.
7:29
[SPEAKER_01]: I think it was AMC And it was connected to the token I stopped and it wasn't doing very well and I was like man What's gonna happen over the weekend?
7:38
[SPEAKER_01]: Do I sell out my position and this the CEO just how to know where starts?
7:42
[SPEAKER_01]: talking about what's going on in Robinhood and that thing shot from like 500,000 market cap to 10 million.
7:48
[SPEAKER_01]: And I instantly sold, I was like, oh man, what's going on?
7:51
[SPEAKER_01]: And I found this thread.
7:53
[SPEAKER_01]: So we're starting to see real CEOs, real companies.
7:57
[SPEAKER_01]: Now look at the Assimim coins and tokenized stocks and call them out.
8:02
[SPEAKER_01]: And it's like one of those things to any press if it's good or bad.
8:06
[SPEAKER_01]: isn't necessarily bad overall.
8:08
[SPEAKER_01]: It's usually good and Vlad, you know, commenting on here, sending a ripple effect.
8:14
[SPEAKER_01]: This is what happens in crypto.
8:17
[SPEAKER_01]: There's a disruptive market and it usually matures and shakes itself out.
8:22
[SPEAKER_01]: Again, there's some regulatory things that need to work itself out, but we're watching this in real time and there's some really awesome opportunities to get in on.
8:31
[SPEAKER_00]: Yeah, there are when the chain is up so we have to all the positive news come at a Robinhood chain.
8:36
[SPEAKER_00]: I think we both agree it's not going anywhere, but a little glitch here with it going down.
8:40
[SPEAKER_00]: What do we think of this?
8:42
[SPEAKER_00]: Is it something that you put pause to or is this just the growth effect of a chain becoming so popular on that it needs to like a baby deer get its legs under it under it.
8:54
[SPEAKER_01]: Yeah, good analogy.
8:55
[SPEAKER_01]: I think it's the latter.
8:56
[SPEAKER_01]: This is so to clarify for anybody who's not super familiar.
9:00
[SPEAKER_01]: This was not the Robin Hood app.
9:02
[SPEAKER_01]: This is a chain itself that stopped producing blocks for about 14 minutes.
9:07
[SPEAKER_01]: And when you're talking about a network targeting a block like every 10th of a second, that's roughly about like 8,000 misblocks, the explorer basically just froze.
9:17
[SPEAKER_01]: So not a great thing to have happened, but it's back online now, there's no hack, there's no lost funds, nothing like that.
9:25
[SPEAKER_01]: So far, it just looks like the network hit a wall because it was under so much load.
9:30
[SPEAKER_01]: And honestly, the really the more interesting part of the story to me here is
9:35
[SPEAKER_01]: Robin Hood chains been doing between 11 and 14 million transactions a day and the activity over there has been just absolutely ridiculous and that's memecoins, that's launch pads, that's tokenized stocks, that's all of it and it's all over the timeline.
9:50
[SPEAKER_01]: So I'm not looking at this as like even really that bad.
9:54
[SPEAKER_01]: It's not like Robin had changed dead.
9:55
[SPEAKER_01]: It's more like all right.
9:57
[SPEAKER_01]: You've officially got people using this thing and now outages matter.
10:01
[SPEAKER_01]: We saw plenty of this happen more than once with Solana and early growth.
10:06
[SPEAKER_01]: And the important thing is, is Robin Hood, how quickly they addressed it and how they're going to make sure it's not going to become a recurring issue.
10:13
[SPEAKER_01]: So I think it's exactly what you said there, Tvo.
10:17
[SPEAKER_01]: It, they're just, don't get tons of action.
10:19
[SPEAKER_01]: That's what the action is.
10:21
[SPEAKER_01]: And it's, it's growth pains and you don't want to see a chain go down.
10:24
[SPEAKER_01]: I'm never a big fan of that, but I think Solana had it happen like eight, ten times.
10:30
[SPEAKER_01]: And I think Robinhood's gonna address this pretty quickly.
10:33
[SPEAKER_01]: We're back up, we're running.
10:35
[SPEAKER_01]: And the market didn't seem to really care to be honest with you.
10:39
[SPEAKER_00]: Yeah, I think we're gonna stick on Robinhood right now before we move on.
10:43
[SPEAKER_00]: But there's another token top-all coin performer that we're gonna talk about that had a down moment, a negative moment recently, and the price was affected.
10:52
[SPEAKER_00]: But now it's back up at all the time high.
10:54
[SPEAKER_00]: So you're gonna stick around for what that is.
10:56
[SPEAKER_00]: That's coming up later in the show.
10:59
[SPEAKER_00]: The robin of chain going anywhere because the boys all they got to do now is without their credit card Brian just whip out the the visa the master card whatever you got in your pocket whip out the plastic and start by name coins.
11:11
[SPEAKER_00]: I remember when you did a tutorial and you taught me and our audience about, got I'm blank and moonshot moonshot and there was so many tokens on moonshot and you could buy a mouseware but this started just rocketing because all you had to do was lapel pay and you could go and start trading meme coins now seems like a similar story to Robinhood and then you're seeing the success which we're going to cover next of a lot of the projects on there.
11:36
[SPEAKER_01]: Yeah, I mean, people apparently can buy meme coins using credit cards and Apple Pay and Google Pay and they can actually earn credit card points or cash back on purchases and that's because these transactions are being tagged as digital goods other than crypto purchases.
11:54
[SPEAKER_01]: So we've reached the point where someone can potentially buy meme coin with using their chase points.
12:01
[SPEAKER_01]: Chase already did come out and say that these transactions should be classified and visas looking into it.
12:07
[SPEAKER_01]: We got the New York attorney general reporting.
12:11
[SPEAKER_01]: He's looking into what's happening it as well.
12:14
[SPEAKER_01]: So I don't think this loophole is going to sit here forever, but it does help to explain some of the things that Robin Hood's done really well.
12:21
[SPEAKER_01]: They're taking crypto and putting it behind payment rails people use every day.
12:25
[SPEAKER_01]: And you don't need someone to understand bridging and wall, it's in five different networks anymore, if they can basically tap Apple Pay and get in the trade, that's kind of where we're at right now.
12:37
[SPEAKER_01]: So the boys can use credit cards as of right now.
12:40
[SPEAKER_01]: I don't think it's going to be like that forever, but it is like that right now.
12:44
[SPEAKER_00]: Yeah, the trench is it feels like there's been a lot of action on that.
12:48
[SPEAKER_00]: We're going to cover that now, but it feels like this is the first first half and there's going to be some crazy crazy things to come in one of the winners that you called out that we're going to cover next was.
13:02
[SPEAKER_00]: you know it told in the community it was told on the podcast and so if you're somebody that's sitting here maybe newer that hasn't tuned in all summer and you're like oh man you know you're about to see us cover all these winners and you taught her to talk about all the winners that we talked about on the show and in the community how can you give it be a part of that check the link below.
13:19
[SPEAKER_00]: we have the number one coin right now.
13:21
[SPEAKER_00]: So again, the stuff that we're going to talk about today, Brian's going to give you a fair take, you know, is there still some juice left in it?
13:27
[SPEAKER_00]: Maybe maybe not, but you definitely missed the first big push.
13:30
[SPEAKER_00]: And so if you don't want to miss the next big coin that we see that could be the next one.
13:36
[SPEAKER_00]: to take off.
13:37
[SPEAKER_00]: Check the link below.
13:39
[SPEAKER_00]: We got a special for you today.
13:40
[SPEAKER_00]: The number one coin to own today.
13:41
[SPEAKER_00]: Go check that out.
13:43
[SPEAKER_00]: But man, the a former coin to own that you called was Ponds.
13:48
[SPEAKER_00]: And my god, what a call.
13:50
[SPEAKER_00]: We even got a shout out to Crispin Capital here.
13:54
[SPEAKER_00]: Ponds now a five X.
13:56
[SPEAKER_00]: a shout out to the crypto 101 pod for putting it on my radar god bless well we take your god bless crisp and capital and we appreciate it and uh you know again join us for weekly crypto alpha join the community do not miss out in this bull market Brian ponds unbelievable where do you want to take it?
14:15
[SPEAKER_01]: I mean, Pawns is the number one launchpad on Robin Hood right now.
14:18
[SPEAKER_01]: I'm actually looking to see when we called it in our group because it's July 22nd and that's $20 million market cap, really liked what they were doing.
14:29
[SPEAKER_01]: They were making, they're making a ton of money.
14:32
[SPEAKER_01]: They became the number one launchpad and they are just up and to the right.
14:37
[SPEAKER_01]: And they're making, I think, over a million dollars a day right now.
14:41
[SPEAKER_01]: I mean, the action is over here.
14:44
[SPEAKER_01]: on ponds on the launch pad this where everyone's kind of default going and I've always done like a a comparison I remember early on I was like our hope here everybody when we were talking our community is that ponds could be the baby brother or or to pump.fun what pump.fun did for Solana ponds does for the Robinhood and there's always competition in these launch pads and I always get worried about competition in launch pads but ponds is absolutely running away with it.
15:12
[SPEAKER_01]: the teams continuing to produce easy to use people are utilizing get I think 60 or 70% of the coin launches on Robinhood are going through pawns right now and the price is reacting in not finding it true advice.
15:28
[SPEAKER_01]: But I still think it's undervalued if it continues this growth in the money they're making daily.
15:33
[SPEAKER_01]: They're doing a lot of buybacks, a lot of burns, a lot of interesting mechanics here.
15:38
[SPEAKER_01]: They get it what needs to happen.
15:39
[SPEAKER_01]: They're kind of running the pump-dough fun playbook, but even better.
15:43
[SPEAKER_01]: And if attention stays on Robinhood, Ponds' Day continue to be a beneficiary.
15:49
[SPEAKER_01]: But yeah, I think it's sitting at like $5, 600 million dollar market,
15:55
[SPEAKER_01]: because it's just going up so quickly.
15:57
[SPEAKER_00]: And what do you think?
15:58
[SPEAKER_00]: What's pump pump that fun at right now?
16:00
[SPEAKER_00]: Should we look bad up market cap wise?
16:02
[SPEAKER_00]: If you like, could it be a pump fun?
16:06
[SPEAKER_00]: So you're saying, could it be a pump fun?
16:11
[SPEAKER_00]: I guess it's all time.
16:12
[SPEAKER_00]: One point three billion, it's at one point five now.
16:16
[SPEAKER_00]: So maybe they're still.
16:18
[SPEAKER_00]: A one two X left in it.
16:20
[SPEAKER_00]: Again, we want to always encourage our audience.
16:22
[SPEAKER_00]: You got to do your own research.
16:23
[SPEAKER_00]: We're not financial advisors in these trenches, but just trying to give you a little visibility of, you know, how our team has been on top of these calls, you know, for a long time over the years and that's why we're still around.
16:43
[SPEAKER_01]: I mean, not financial advice, this is just some dude on the internet talking about crypto and I obviously have a bag.
16:50
[SPEAKER_01]: I think it goes to a billion.
16:51
[SPEAKER_01]: I really do.
16:53
[SPEAKER_01]: I think if the action continues to keep going like it is, I mean, there's always going to be corrections.
16:59
[SPEAKER_01]: I mean, this is just.
17:01
[SPEAKER_01]: And it's saying looking chart now or say if something's going up in a straight line, you want to take profits, and I have personally I have taken my profit so I'm now free rolling a bag and it's a nice bag, but I'm going to I think a billion dollars is not unrealistic if we're on I'm not going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm going to do that, I'm
17:21
[SPEAKER_01]: a week from now and you're like, man, it's at $1.1 billion or it's just cracked $1 billion.
17:26
[SPEAKER_01]: I'm not going to be shocked by it.
17:28
[SPEAKER_01]: It's, I mean, the move from $20 million to $100 million or $20 million to $200 million, I mean, they were fighting other launch pads.
17:37
[SPEAKER_01]: Now, they've become kind of the main players out there, everyone knows them.
17:42
[SPEAKER_01]: I don't think it's been listed on Robin Hood's App yet.
17:46
[SPEAKER_01]: I think cash cats the only one.
17:47
[SPEAKER_01]: I mean, I think I think there's just some catalysts here for it to continue.
17:53
[SPEAKER_01]: And then why I think the just the action on Robin Hood is the main catalyst to keep popping it up.
17:59
[SPEAKER_01]: And then you could get a listing.
18:01
[SPEAKER_01]: I think we're going to a billion.
18:03
[SPEAKER_01]: And don't lose your shirt over there because I don't
18:09
[SPEAKER_01]: it is what it is because you know, but well, it's about diversification.
18:14
[SPEAKER_00]: That's what you know, again, being involved in the community and listening consistently is all about because that's what this game is.
18:20
[SPEAKER_00]: It's investing.
18:21
[SPEAKER_00]: It's trading.
18:21
[SPEAKER_00]: It's research and changing opinions and long-term thesis for short-term thesis.
18:25
[SPEAKER_00]: So again, check the links out.
18:28
[SPEAKER_00]: everybody knows there's nothing better than heading into the weekend taking some profits and having a big old bag of a free roll that you can have some fun into the weekend nothing like a free roll bag my friend but nothing like it and then we just want to continue on again one catalyst here is Uniswap buying ponds launchpad tokens for long-term alignment again that's a huge deal there's a lot of bushness around Uniswap
18:53
[SPEAKER_00]: I know we've you know there's some reports in the community if you if you're interested again and getting more involved check the links below this is the type of stuff That you want to deep dive in get the research so you can be ahead of the game
19:07
[SPEAKER_00]: But let's talk about Z cash because again, I think it's a good transition.
19:10
[SPEAKER_00]: It's like, Oh, Robinhood chains down as it dead.
19:12
[SPEAKER_00]: No, it's probably going to, you know, a chain going down like that with the team that Robinhood has probably will continue to, you know, hit high watermarks and that kind of reminds me of Z cash because we have the Z cash security breach.
19:26
[SPEAKER_00]: We covered that on the show.
19:27
[SPEAKER_00]: I remember specifically you were on and you talked about how you were nibbling at those price ranges and like what was it the three three to four hundred range And now it's it's an absolute it's in the top ten it's hitting all time highs as of this morning break in a thousand So what what what are your thoughts on these e-cash
19:46
[SPEAKER_01]: Yeah, I'm glad we're talking about it and shout out to anybody in our community or especially anybody watching the run down because I think I've said it multiple times on the run down how I liked with Z cash is doing, you know, there was the breach in the orchard poll and there was an issue, they addressed it very quickly, then they migrated everyone over to iron would and I started to see a lot of flows over to iron would in
20:08
[SPEAKER_01]: the price didn't feel like it was catching up, and so yeah, personally I made a push into it.
20:13
[SPEAKER_01]: I was pretty open about it.
20:15
[SPEAKER_01]: And now it's pushed itself in, I think, a top 10 market cap right around like 16, 17 billion up 20, 30% on the week up, up quite a bit on the day.
20:26
[SPEAKER_01]: It's a massive move, and there's a couple of things happening here why this happened.
20:30
[SPEAKER_01]: Grace, they all converted.
20:31
[SPEAKER_01]: It's old Z-Cash trust into the new Z-Cash ETF, which gives a traditional broker to counts in much easier exposure.
20:39
[SPEAKER_01]: At the same time, we got futures open, interest climbed, or roughly like 2 billion, 2.3 billion, or something I read, and that's right around 14% of the entire market cap.
20:49
[SPEAKER_01]: We saw, I think, like 34, 35 million worth of liquidation.
20:53
[SPEAKER_01]: So yes, clearly the privacy narrative is here, but there's also a ton of leverage involved and that can put something really way higher than people expect.
21:04
[SPEAKER_01]: I am a z-cash ball.
21:06
[SPEAKER_01]: I think privacy makes a ton of sense.
21:09
[SPEAKER_01]: I bought into this after the exploit once the team who's been around for a long time, addressed it correctly and I was like, this was kind of my bothies.
21:18
[SPEAKER_01]: This is exactly how it's playing out.
21:20
[SPEAKER_01]: I was like, I could see if the adoption and iron would upgrade.
21:24
[SPEAKER_01]: gets converted correctly.
21:26
[SPEAKER_01]: They get a full audit like they did and they come out with some positive press.
21:30
[SPEAKER_01]: We forget about this stuff.
21:31
[SPEAKER_01]: We're just in the crypto community.
21:33
[SPEAKER_01]: We got gold fish brains.
21:34
[SPEAKER_01]: You know, we're talking about Robin Hood and Vlad.
21:37
[SPEAKER_01]: Yeah.
21:37
[SPEAKER_01]: Yeah.
21:37
[SPEAKER_01]: And then people try to point back to like what happened with all that reddit stuff years ago.
21:43
[SPEAKER_01]: Well, yeah, we don't care.
21:44
[SPEAKER_01]: He's, you know, we're pumping now.
21:46
[SPEAKER_01]: And this is what happens.
21:47
[SPEAKER_01]: So Z-Cash really pieced together.
21:50
[SPEAKER_01]: And privacy is an interesting meta.
21:52
[SPEAKER_01]: And I think it's here to stay the ETFs are interesting.
21:55
[SPEAKER_01]: And it's it's over a thousand bucks.
21:57
[SPEAKER_01]: Or it's dang close nine over nine fifty.
22:00
[SPEAKER_01]: And again, not to say there's going to be some pushbacks.
22:03
[SPEAKER_01]: But I again, not finding it to advice.
22:05
[SPEAKER_01]: But I I bought it in kind of early.
22:07
[SPEAKER_01]: And I still have my bag.
22:09
[SPEAKER_01]: And I'm going to ride it for a little while.
22:11
[SPEAKER_00]: It's a great lesson of just investing during your research and understanding narratives because it reminds me of something that we covered a lot earlier in the year was this, you know, software is dead trade.
22:24
[SPEAKER_00]: How AI is coming and it's going to replace every software in every business.
22:28
[SPEAKER_00]: And it felt like Bitcoin was getting caught up in that software trade.
22:31
[SPEAKER_00]: It's like, oh, AI is going to crack the code.
22:34
[SPEAKER_00]: A Bitcoin's done.
22:35
[SPEAKER_00]: Every software company is going to be replaced by companies using AI to build their own software.
22:41
[SPEAKER_00]: That was a true.
22:42
[SPEAKER_00]: It was a real narrative.
22:43
[SPEAKER_00]: And these stocks were down 20, 30, 40, 50 percent.
22:47
[SPEAKER_00]: Adobe was down like 50, 60 percent.
22:49
[SPEAKER_00]: And like at some point, you got to, you know,
22:52
[SPEAKER_00]: You will follow the narrative and I was I was proud of myself because I think I stuck my head out I was like, hey, this is getting completely overdone like if you think of a software company like a toast When you go to a restaurant toast is used is that little handheld thing where everybody pays is called toast is like our restaurant bar owners going to use a eye to Invent their own POS system like I don't I don't think so you know our lawnmower is going to invent AI to do their own scheduling system majority probably not
23:19
[SPEAKER_00]: and so it just felt like an overdone move and so Z-cash is a perfect example of okay there's a real issue there was some new data some new information that we needed to consume but going through it and learning about narratives that's where your opportunities are and so that's what listening to show being a part of the community sticking to it and it's up when I see the numbers I say this all the time I see the numbers y'all are starting to come back
23:40
[SPEAKER_00]: And we love having you here, but stick around.
23:43
[SPEAKER_00]: Stick around for the outfit.
23:44
[SPEAKER_00]: Don't miss out because you're going to miss rips like Solana.
23:47
[SPEAKER_00]: How about Solana coming up, waking up with a 30% 37% move in one month?
23:52
[SPEAKER_00]: I haven't heard anybody talking about Solana recently.
23:54
[SPEAKER_00]: There's too much hype around the hyper liquids.
23:57
[SPEAKER_00]: The Z-cashes, the ponds, the Robinhood chains.
23:59
[SPEAKER_00]: Solana quietly having a 37% month.
24:02
[SPEAKER_00]: And then when you drag this chart out to a year, I'll add a room to go.
24:06
[SPEAKER_00]: You know what I'm saying?
24:07
[SPEAKER_00]: So
24:08
[SPEAKER_00]: What are you feeling on Solana?
24:10
[SPEAKER_00]: There's some news coming out.
24:12
[SPEAKER_00]: Let's see here.
24:13
[SPEAKER_00]: Solana's double disinflation proposal.
24:16
[SPEAKER_00]: Just trying to get the tokenomics more line maybe.
24:18
[SPEAKER_01]: Yeah.
24:19
[SPEAKER_01]: I mean, well, the double disinflation passes.
24:23
[SPEAKER_01]: So the Vodka cleared with like a two-thirds threshold light in basically the networks could tell and get a rate in which sole inflation comes down in the estimate.
24:33
[SPEAKER_01]: of sold being used over the next six years.
24:36
[SPEAKER_01]: And, you know, I actually think this is a pretty important piece of the Solana story right now.
24:39
[SPEAKER_01]: We spent a lot of time talking about apps, memes, and volumes.
24:43
[SPEAKER_01]: This is kind of the boring part, less new supply.
24:46
[SPEAKER_01]: When you can buy less issuing of new supply with growing demand from ETFs and institutional products, that becomes really a meaningful part of the tokenomic story for Solana.
24:58
[SPEAKER_01]: So I think that's a big reason why we're
25:04
[SPEAKER_00]: Yeah, the highest volume in history, this past week for the B soul ETF, the Bitwise soul ETF, and then this one at just cracked a billion, 1.7 inflows.
25:18
[SPEAKER_00]: So yeah, I mean, there's interest here.
25:20
[SPEAKER_00]: You can see you can totally see that this chart is up into the right, which means it's just continued interest.
25:26
[SPEAKER_00]: And there's people buying this for a long-term hold.
25:29
[SPEAKER_00]: So again, there's certain narratives that become the bell of the ball.
25:33
[SPEAKER_00]: And then when people aren't talking about it, and that's when you really want to dive in and see what's really going on, and then you make your thesis.
25:39
[SPEAKER_00]: And that's what we do here.
25:40
[SPEAKER_00]: We educate.
25:42
[SPEAKER_00]: The question is, there's a couple things that I'm seeing up to keep my eyes on as we head into September.
25:48
[SPEAKER_00]: Seasonality, September, at least for the stock market, is week.
25:52
[SPEAKER_00]: We have our midterm election year.
25:55
[SPEAKER_00]: So a lot going on in the next call it two to three months.
25:58
[SPEAKER_00]: As there always is in the markets.
26:00
[SPEAKER_00]: We have a potential.
26:02
[SPEAKER_00]: The markets are pricing in a rate hike for mid-September.
26:05
[SPEAKER_00]: This might be, we might be able to cover this one live, Brian.
26:07
[SPEAKER_00]: I think, me and you, maybe,
26:10
[SPEAKER_00]: it for not busy will be able to do it.
26:12
[SPEAKER_00]: And if not, we'll definitely talk about it on the run downs.
26:15
[SPEAKER_00]: But people are eyeing a possible rate hike.
26:18
[SPEAKER_00]: is that going to happen?
26:19
[SPEAKER_00]: Is it not?
26:19
[SPEAKER_00]: Is it just a clearing event?
26:20
[SPEAKER_00]: And then Clarity Act will die.
26:22
[SPEAKER_00]: People, you know, the Clarity Act, not getting done in August.
26:26
[SPEAKER_00]: You know, everybody said it, that means it's dead.
26:29
[SPEAKER_00]: There's still some talk about it.
26:31
[SPEAKER_00]: So it's an interesting catalyst to talk.
26:33
[SPEAKER_00]: I got a clip here from the SEC chair.
26:35
[SPEAKER_00]: This isn't, you know, this isn't some low-lying congressperson trying to make some noise.
26:41
[SPEAKER_00]: This is the SEC chair.
26:42
[SPEAKER_00]: So it's
26:46
[SPEAKER_00]: what he's saying on national TV.
26:47
[SPEAKER_00]: I mean, it's saying, uh, leaving with confidence there Brian.
26:51
[SPEAKER_00]: Confidence is going to pass the Senate end up on the president's desk.
26:54
[SPEAKER_00]: That's interesting words.
26:55
[SPEAKER_00]: I don't know if the betting market's quite agree on that.
26:58
[SPEAKER_00]: And he certainly isn't a holistic one of one power that can get that done, but
27:03
[SPEAKER_00]: Um, it kind of goes back to the thesis that we've built since Bryce and I went to the out east conference was a lot of high profile people They're talking about yeah, we'd like clarity to pass But if it doesn't there's people in place the SEC chair being won the CFTC chair being another where they have powers that beat to start enacting some of these rules and regulations And inserting them into the system even if clarity doesn't pass it would be nice to pass it would be better if it passes But if it doesn't pass it's not the end of the world
27:31
[SPEAKER_00]: and I think this is kind of a vote of confidence maybe this is just my own take again took one political science class in college got to be but this is basically him jaw bone and saying like hey you better come to the table and talk and negotiate and get your you know recessions or take this but this this is your time to
27:51
[SPEAKER_00]: build something together because if you don't, I'm going to do everything in my power to implement this into the system.
27:56
[SPEAKER_00]: So I think this is more of a little bit of a jaw-boning to people that might be holding out and saying, okay, well, we have a SEC chair who's going to do over the next two and a half, three years, what he thinks is right.
28:07
[SPEAKER_00]: Maybe we should put some regulation in place.
28:08
[SPEAKER_00]: I think this is him saying now's your time to get it done.
28:10
[SPEAKER_00]: And if you don't, I'm going to do everything in my power to implement what I think is best.
28:16
[SPEAKER_01]: Yeah, I mean, you know, the Atkins keeps making that crypto needs actual loss pass by Congress rather than rules changing every time leadership changes and changes at the SEC and it makes some sense too because look what's happening right now we got tokenized stocks we have crypto ETFs who got meme coins being bought by credit cards and Apple pay we got privacy coins getting like ETF rappers all this gets much easier if they just
28:42
[SPEAKER_01]: They just build around it and there's finally a clear market structure law.
28:47
[SPEAKER_01]: The SEC is apparently still preparing rules in case Congress doesn't get it done, but obviously the market would much rather have legislation other than another cycle of agencies deciding what the rules are.
29:00
[SPEAKER_01]: September could be a pretty big, important month, but I'm liking how this is set up though, Tvo, because when we were like just staring at each other on these rundowns, like man, like the fear is this bottom fear, and you and I are just like, hey, hang in there, everyone, things are going to be okay.
29:20
[SPEAKER_01]: uh, the catalyst was kind of like the big cast will like we hope the Clarity Act happens.
29:25
[SPEAKER_01]: Now the market's starting to wake up and it doesn't feel like we're, we're always dependent on if it goes good or bad right now.
29:32
[SPEAKER_01]: I think Clarity Act's going to eventually happen.
29:35
[SPEAKER_01]: And when it does, it's going to be really, really big for the market.
29:38
[SPEAKER_01]: But even if we don't get the greatest news, I don't think there's any stop in this bus right now.
29:44
[SPEAKER_01]: People are waking up, getting some of the boys asking me about crypto again.
29:49
[SPEAKER_01]: We're getting some heaters out there.
29:50
[SPEAKER_01]: We're gonna five meme coins with credit cards But we want we want the clarity act to happen.
29:58
[SPEAKER_00]: It's it's gonna be an important it's yeah Crypto's not going anywhere.
30:01
[SPEAKER_00]: It is back and it you could make a case.
30:05
[SPEAKER_00]: It's back.
30:05
[SPEAKER_00]: It's bigger.
30:06
[SPEAKER_00]: It's better than ever And football's back and when football and crypto are back you start to see some interesting things
30:16
[SPEAKER_00]: Go Gators, anybody?
30:17
[SPEAKER_00]: XRP and the Florida Gators are proud to announce a partnership.
30:23
[SPEAKER_00]: I mean, I don't, I, I, this is real is the Florida Gators.
30:28
[SPEAKER_00]: The Florida Gators official thing.
30:29
[SPEAKER_01]: I mean, I don't know what else to do in the back up here.
30:32
[SPEAKER_01]: Give me a little chop.
30:33
[SPEAKER_01]: Go Gators.
30:35
[SPEAKER_00]: The XRP army and the Gators are now one unbelievable.
30:41
[SPEAKER_00]: I mean, who on the, I always love to do this, the same thing with Galaxy, like who on the board of directors went to Florida.
30:46
[SPEAKER_00]: They must be loving this.
30:47
[SPEAKER_00]: Get in the swamp going with XRP.
30:50
[SPEAKER_00]: What do you think of this?
30:51
[SPEAKER_00]: What is it?
30:52
[SPEAKER_01]: I don't even know.
30:54
[SPEAKER_01]: This is interesting.
30:55
[SPEAKER_01]: I didn't see this.
30:56
[SPEAKER_01]: This is new to me and my wife played lacrosse at Georgia and hates the Florida Gators.
31:05
[SPEAKER_01]: Everything about the rivalry that's a rivalry like like like doesn't even wear the color orange and blue together or some loves the colors orange and blue and she tries to like talk amount of wearing it.
31:16
[SPEAKER_01]: I mean, the Florida Gators, I don't know many issues with them, and you know, I love to see this sort of partnership, but it is really interesting because XRP, I love the XRP army, I never bought into it, but it's really interesting to see like these two like really, yeah.
31:32
[SPEAKER_01]: Like Florida has a lot of controversy in my household, you know, there's a lot in probably in the OCC too, you know, Florida You know, and then they team up with probably one biggest cryptos out there that has a lot of controversy Probably in my personal household as well seeing them join forces by head I'm running for both.
31:50
[SPEAKER_01]: I want to see that XRP logo all over the uniform I want to see it everywhere.
31:53
[SPEAKER_01]: I want to see XRP sponsor in a stadium because
31:58
[SPEAKER_01]: that they are they are they are the logo at the stadium yeah this is it you got what you wish for right now oh my gosh I didn't I didn't catch the part that it was the logo at the actual stadium look on the field it's next to the SEC I mean this is this is just this is a this is if
32:24
[SPEAKER_00]: This is probably the biggest sign of a bull market.
32:26
[SPEAKER_00]: You know, it's unbelievable for a free day run down, for a Friday run down, for bulls, man.
32:31
[SPEAKER_00]: Go ahead and sell a couple of money, eight nothing last night, that the hands were out 20, nothing last night.
32:38
[SPEAKER_00]: It was unbelievable.
32:39
[SPEAKER_00]: I'm throwing through this thing.
32:41
[SPEAKER_00]: No good.
32:42
[SPEAKER_01]: I meant to tax you.
32:43
[SPEAKER_01]: I filled a couple of shackles on the hands last night.
32:46
[SPEAKER_01]: I did.
32:47
[SPEAKER_01]: I meant to tax you because I bought a child at the bar.
32:51
[SPEAKER_01]: he he kind of gave me the breakdown and I left that man's ball ball was like I think I'm gonna make a couple bucks on the hands this year because you knew more about that team than I think they're coached us He's one of those guys.
33:03
[SPEAKER_00]: I mean season ticket holder my entire life I don't it's hard to think you could probably count over 30 plus years of you know if he's missed some games You can count him on one hand and then there's a good reason behind it
33:18
[SPEAKER_00]: I'm scrolling through this XRP thing here being like, okay, well, what is it?
33:22
[SPEAKER_00]: What is the agreement like I'm scrolling through like, oh, they're going to integrate XRP into this or that and I'm just kind of like, Okay, let me before I give a hot take.
33:31
[SPEAKER_00]: Open invite anybody on the XRP team.
33:33
[SPEAKER_00]: Obviously you're welcome to come on the pod and talk about the partnership and XRP and everything.
33:37
[SPEAKER_00]: But like I'm reading through this a lot of fluff.
33:39
[SPEAKER_00]: It's like, oh, it's like the, you know, it's going to help students and we're going to support the,
33:45
[SPEAKER_00]: The education and finance and business.
33:48
[SPEAKER_00]: I'm like where's the what is this?
33:50
[SPEAKER_00]: I was like this is just an advertising thing.
33:52
[SPEAKER_00]: I love it.
33:53
[SPEAKER_00]: I love it XRP Florida gators football is back.
33:58
[SPEAKER_00]: It is official
34:00
[SPEAKER_00]: We covered the Texas A&M thing, which is great.
34:04
[SPEAKER_00]: And this is good.
34:07
[SPEAKER_00]: I think this is good.
34:08
[SPEAKER_00]: Again, this is the sign of healthy crypto companies.
34:13
[SPEAKER_00]: Crypto is here.
34:15
[SPEAKER_00]: It's not going away.
34:16
[SPEAKER_00]: Footballs back and it's Friday.
34:18
[SPEAKER_00]: So we just want to say thank you guys.
34:19
[SPEAKER_00]: Thank you everybody for tuning in.
34:21
[SPEAKER_00]: One last call.
34:22
[SPEAKER_00]: Give it a thumbs up.
34:23
[SPEAKER_00]: Bottom right, if you're new, subscribe.
34:24
[SPEAKER_00]: And check the links below to get more involved.
34:27
[SPEAKER_00]: Again, it's a great time to be involved in the community, get more access to Brian, get his calls early, with Brian and Joe, and get more involved with Bryce Brett and Hunter the entire team.
34:36
[SPEAKER_00]: So check out the links below, join us.
34:38
[SPEAKER_00]: That's all for today.
34:39
[SPEAKER_00]: We're going to see you guys next week with some more great interviews in a couple of run-downs as well, but that's all for now.
34:45
[SPEAKER_00]: Bye everybody.