BREAKOUT or BULL TRAP? The Truth About This Bitcoin Pump

Welcome to CryptoFlip with Haris, Ricardo, and Deji. Subscribe on YouTube or leave a review on audio platforms. Check the Mexi trading link for bonuses.

Crypto Horror Stories
A listener lost $300K trading perps, now down to a $30K loan from their mom. Hosts urge sticking to safer strategies like yield farming and avoiding high-leverage trades. Another listener scammed $4,000 via a fake GoFundMe, lost 80% on a crypto gaming coin, and faces guilt. Hosts condemn the scam, warning against chasing hyped meme coins.

Bitcoin Market Update
Bitcoin hits $111,000, nearing all-time highs. Ricardo sees no clear direction but calls Bitcoin king, with altcoins weak due to 55% dominance. Deji predicts a dip to $96K by August, suggesting shorts at $112K–$115K, but remains long-term bullish. Haris expects clarity soon, targeting $160K–$190K this cycle, with Ricardo at $200K–$250K. Solana ETF news could lift altcoins.

TON’s UAE Visa Debacle
TON surged 10% on claims staking 100K TON could secure a UAE golden visa, but the UAE debunked it. Hosts call it embarrassing, with Deji comparing TON to failing projects. Verify news before acting.

Pump.Fun Token Sale
Pump.Fun’s token sale starts in four days: 150B tokens at $0.004 ($600M), with a $4B FDV. Lack of transparency and no lock-up raise concerns. Ricardo praises marketing but won’t buy, eyeing airdrops. Deji calls it a money grab, advising to wait post-launch. 

👉 Leave a review on Apple Podcasts
👉 Listen and rate on Spotify

Nothing in these podcasts are financial advice, just banter and vibes. Stay safe out there.

🎁We've partnered with MEXC! 🎁

For new users only!

Get USDT — fully withdrawable!

✅ Make a net deposit of 100 USDT or 100 USDC

(Net Deposit = Total Deposits - Withdrawals. Internal transfers excluded.)

✅ Receive 10 USDT — no trading needed!

⏳ Only for the first 300 users — don’t miss it!

👉 http://bit.ly/4lAIxvT

Join our Discord – hang out with the community, share plays, and stay ahead of the curve.

Transcript

00:00:00 [Speaker 1]
In your most bullish scenario, what do you think Bitcoin can do this cycle?

00:00:05 [Speaker 2]
200 pack.

00:00:06 [Speaker 3]
Toothy fresh.

00:00:08 [Speaker 2]
The only thing that you can be clear on right now based on everything throughout the history of crypto is Bitcoin is king, bro, and everything else is chump chain.

00:00:18 [Speaker 3]
Because I'm not that bearish in the market, especially not bearish on Bitcoin.
00:00:23 [Speaker 3]
What I'm extremely bearish on is Altcoins, though.

00:00:25 [Speaker 4]
The content presented in this podcast is intended for informational and educational purposes only.
00:00:30 [Speaker 4]
It should not be considered as financial advice, and listeners are encouraged to conduct their own research or consult with a qualified professional before making any investment decisions.

00:00:40 [Speaker 2]
Crypto flip.

00:00:41 [Speaker 1]
I lost 300 k in December trading perps.
00:00:45 [Speaker 1]
I wish I wish I had just stuck to safe things like chasing yield on stables, which had which I had been doing for a year or two.
00:00:55 [Speaker 1]
Now I'm down to my last 30 k, money my mom loaned me to get restarted.
00:01:01 [Speaker 1]
If I don't make it back, I'm quitting this crypto f at all.
00:01:07 [Speaker 1]
So he's gone for 300 k's.

00:01:08 [Speaker 1]
So that he get weak, bros.

00:01:12 [Speaker 3]
Stop quitting.
00:01:14 [Speaker 3]
Yeah.
00:01:14 [Speaker 3]
I really can go, man.
00:01:16 [Speaker 3]
Get out.
00:01:17 [Speaker 3]
Stop.

00:01:17 [Speaker 3]
Brilliant a day.

00:01:20 [Speaker 1]
You're not gonna try and stop him?

00:01:22 [Speaker 2]
No.
00:01:23 [Speaker 2]
No.
00:01:23 [Speaker 2]
No.
00:01:23 [Speaker 2]
It's not it's not made for it's I'm trying to stop him.
00:01:26 [Speaker 2]
It's not made for people like you, bro.

00:01:27 [Speaker 2]
You should just, go do something else.
00:01:29 [Speaker 2]
Trust me.
00:01:30 [Speaker 2]
I think it'd be worth better for your mental health.
00:01:33 [Speaker 2]
Because to go from 300 down to 30, and it's the last 30 that you your mom gave you, you're gonna be thinking about that money hard.
00:01:40 [Speaker 2]
So to put you Wait.

00:01:41 [Speaker 2]
Wait.

00:01:42 [Speaker 3]
Wait.
00:01:42 [Speaker 3]
He went down from I think he actually went up to 0, then his mom's part of the 30 k.
00:01:46 [Speaker 3]
That's what I'm saying.
00:01:47 [Speaker 3]
He's weak, fam.

00:01:48 [Speaker 2]
He actually blew his account,

00:01:49 [Speaker 3]
and then his mom load them 30 k.

00:01:52 [Speaker 2]
Hold on.
00:01:52 [Speaker 2]
Yeah.

00:01:57 [Speaker 1]
So your mom, I need I need a quick load.
00:01:59 [Speaker 1]
What's it for?
00:01:59 [Speaker 1]
Just, you know, pups, couple pups.
00:02:01 [Speaker 1]
It's not not me.
00:02:03 [Speaker 1]
They're

00:02:04 [Speaker 3]
Let me tell you the mother what to do with that.
00:02:06 [Speaker 3]
Listen.
00:02:08 [Speaker 3]
Do we do we ask you?
00:02:10 [Speaker 3]
Do you know how aggressive you have to be to to lose 300 k in, like, down to zero.
00:02:17 [Speaker 3]
Right?

00:02:17 [Speaker 3]
You must have been doing 50 x leverage, 40 x leverage, even a 100 x leverage.
00:02:22 [Speaker 3]
You know what I mean?
00:02:23 [Speaker 3]
I know you didn't try a thousand x because you ain't got a boss for that.
00:02:26 [Speaker 3]
But, I mean, dude, you've been playing it safe.
00:02:31 [Speaker 3]
And all of a sudden, what what changes strategy?

00:02:33 [Speaker 3]
I'm telling you, it's probably a crypto.
00:02:36 [Speaker 3]
I'm telling you.
00:02:37 [Speaker 3]
Probably what some.
00:02:39 [Speaker 3]
Yeah.
00:02:39 [Speaker 3]
I think $300 to 3 mil.

00:02:43 [Speaker 3]
It's like, yeah.
00:02:44 [Speaker 3]
Could be that.
00:02:45 [Speaker 3]
He's a waste, man.
00:02:46 [Speaker 3]
What are you doing trading perhaps?
00:02:47 [Speaker 3]
It's not for you.

00:02:48 [Speaker 3]
Stick to what's been working, chasing yield, and make sure your yield is safe.
00:02:53 [Speaker 3]
I and the worst thing is that, if you just bought a spot, even it's a XRP or even this salon or whatever, you'll still be yes.
00:03:01 [Speaker 3]
You're down.
00:03:02 [Speaker 3]
Look.
00:03:02 [Speaker 3]
Selling points, but you'll still be salvageable in my opinion.

00:03:06 [Speaker 3]
So unnecessary element.
00:03:09 [Speaker 3]
Unnecessary out.
00:03:10 [Speaker 3]
Marius?

00:03:11 [Speaker 1]
Yeah.
00:03:12 [Speaker 1]
This guy is lost.
00:03:16 [Speaker 1]
300 k, starting with that amount, is healthy.
00:03:21 [Speaker 1]
You know, it's admirable.
00:03:22 [Speaker 1]
You're you're a third of the way to a milli, and now you're 30 k.

00:03:27 [Speaker 1]
That's, boy, that can be gone in a blink of an eye if you're not careful.
00:03:31 [Speaker 1]
And what we said all this time, perhaps are are dangerous, you know, long and then short, and especially when you don't know what you're doing.
00:03:39 [Speaker 1]
And I think your track record shows that that's the case.
00:03:42 [Speaker 1]
You don't know what you're doing.
00:03:43 [Speaker 1]
So if you don't know what you're doing, and the only thing that was working for you was yield, you should just go back to the yield or just jump out.

00:03:51 [Speaker 3]
Even professionals that I know what they're doing up in this year for ten plus years, twenty plus years, they are cautious.
00:03:57 [Speaker 3]
They are looking probably less than 2% of the available capital towards any trade.
00:04:02 [Speaker 3]
No matter how listen.
00:04:03 [Speaker 3]
Even if God whispered into them in his dream, they're like, yo, this is things going through the moon.
00:04:08 [Speaker 3]
You still don't look at your old.

00:04:11 [Speaker 3]
Like, it's just it's insane how you fumble the bank like this.
00:04:15 [Speaker 3]
And then luckily, mom sees Ed Brown to help you bail you out.
00:04:19 [Speaker 3]
She won't always be around.
00:04:20 [Speaker 3]
I'll tell you that much.
00:04:21 [Speaker 3]
So

00:04:24 [Speaker 1]
Yeah.
00:04:24 [Speaker 1]
Well, bail out next time and just try and stay for stay off the pub casino.
00:04:30 [Speaker 1]
But let's go on to the next one.
00:04:33 [Speaker 1]
Last year, I created a GoFundMe campaign for a fake car accident.
00:04:38 [Speaker 1]
I made up a story, just lies.

00:04:41 [Speaker 1]
People donated with kindness in their hearts, and I raised about $4,000.
00:04:49 [Speaker 1]
I put all of it into a coin because influencers were saying it will be the next big thing in crypto gaming.
00:04:55 [Speaker 1]
I was convinced I'd get rich and told myself I'd eventually do something good with the money.
00:05:01 [Speaker 1]
Now I'm down 80%, and I wake up every day asking myself, how can I make up for this?
00:05:08 [Speaker 1]
Still holding my bag and praying.

00:05:13 [Speaker 1]
I don't know who my man's praying to, but definitely ain't God.
00:05:15 [Speaker 1]
It might be the devil because what this is.

00:05:19 [Speaker 2]
You don't you but you know the type of scumbag you have to be to lie to the Internet.
00:05:26 [Speaker 2]
Yeah?
00:05:26 [Speaker 2]
To say, like, you're going through something or something must hap bro.
00:05:30 [Speaker 2]
Because real stuff is going on in the world, bro.
00:05:33 [Speaker 2]
Facts.

00:05:34 [Speaker 2]
Real stuff.
00:05:34 [Speaker 2]
Like, real terrible stuff.
00:05:36 [Speaker 2]
And if somebody would give money to you, even if it's only $4, bro, that is a very long way for, like, some people in some other countries, that are actually going through some stuff.
00:05:47 [Speaker 2]
This guy is that the scum of the earth blood.
00:05:49 [Speaker 2]
But you know what's worse?

00:05:51 [Speaker 2]
Instead of my man saying, okay, I'm gonna see this as an investment and these people are believing they need to to multiply this piece.
00:05:59 [Speaker 2]
He goes and slap it on some meme quotes.
00:06:01 [Speaker 2]
I'm the line says to bark.
00:06:04 [Speaker 2]
That this guy need help, bro.
00:06:05 [Speaker 2]
This guy

00:06:06 [Speaker 3]
need this

00:06:06 [Speaker 2]
guy needs reformation, bro.

00:06:11 [Speaker 3]
Oh, but man said it's pretty into devil, not God, fam.
00:06:14 [Speaker 3]
But I tell you what.
00:06:15 [Speaker 3]
Yeah.
00:06:18 [Speaker 3]
You're right.
00:06:19 [Speaker 3]
You're just scum.

00:06:20 [Speaker 3]
You you lied about big being in a car accident to raise funds.
00:06:24 [Speaker 3]
So that means you know what you were doing.
00:06:26 [Speaker 3]
You wasn't like, oh, accidentally, you saw his status, selling money.
00:06:29 [Speaker 3]
You purposely lied to crypto for me only to take that money and put it to crypto.
00:06:34 [Speaker 3]
But karma is a bitch.

00:06:36 [Speaker 3]
Because what happened, you put the fund that you you got into the out all the cards out there that come out moon that make you millions and that basically proliferating your account.
00:06:46 [Speaker 3]
You put it in the worst worst card, and now you're down 8%.
00:06:50 [Speaker 3]
I'm just never a strategy.
00:06:51 [Speaker 3]
You don't know what you're doing.
00:06:52 [Speaker 3]
You're just gambling.

00:06:53 [Speaker 3]
You're you you you took the money that people gave you at the and they put it into the.
00:06:59 [Speaker 3]
What do you think is gonna happen?
00:07:01 [Speaker 3]
And the worst part is this guy is doing the cardinal sin thing you'd never do.
00:07:06 [Speaker 3]
Man's bad old meme coin.
00:07:10 [Speaker 3]
Bad old meme coins.

00:07:12 [Speaker 3]
I'll leave it at that.
00:07:14 [Speaker 3]
But karma is real.
00:07:15 [Speaker 3]
See what I mean?
00:07:16 [Speaker 3]
Karma is real.

00:07:18 [Speaker 1]
Oh, good.
00:07:18 [Speaker 1]
This guy, one way or another

00:07:21 [Speaker 2]
See, that no.
00:07:22 [Speaker 2]
It's true.
00:07:23 [Speaker 2]
Karma is real.
00:07:23 [Speaker 2]
What were you saying, Harris?

00:07:25 [Speaker 1]
No.
00:07:25 [Speaker 1]
I was just gonna say one way or another, this guy will get what's due to him.
00:07:28 [Speaker 1]
You know?
00:07:30 [Speaker 1]
Everything in this life, you know, happens for a reason.
00:07:33 [Speaker 1]
So you might think he's got away for it away with it.

00:07:36 [Speaker 1]
And he's telling himself that, you know, if I had made money, I would have done something nice down the line, but really and truly.
00:07:43 [Speaker 1]
If this guy had made, let's say, I don't know, a few 100 bags, even 10 to 15 k, he wouldn't have done anything with it.
00:07:50 [Speaker 1]
He's only telling himself that because now he feels him

00:07:53 [Speaker 3]
back, bro.
00:07:54 [Speaker 3]
Guilt.
00:07:54 [Speaker 3]
He wasn't given he's the scum.
00:07:56 [Speaker 3]
He wasn't given back.
00:07:58 [Speaker 3]
If you make him billionaire tomorrow, he wasn't given that.

00:08:00 [Speaker 3]
He's trying.
00:08:01 [Speaker 3]
He was gonna do fine.

00:08:01 [Speaker 1]
He would've gone on

00:08:02 [Speaker 3]
a binge drinking, binge whatever, and just blew at that mic then.
00:08:06 [Speaker 3]
So he's a scum.
00:08:08 [Speaker 3]
There was no way he was gonna give that back to anyone or give back to the community.
00:08:12 [Speaker 3]
No way.
00:08:14 [Speaker 3]
Right.

00:08:14 [Speaker 3]
He definitely wasn't.
00:08:16 [Speaker 3]
Do you know how crazy this is?
00:08:17 [Speaker 3]
We need to literally create a fake GoFundMe campaign just to let the people and go use that money for crypto.
00:08:23 [Speaker 3]
And once you use it on the wrong crypto, if you just say you are put on Bitcoin and we're open for a 200% gainers on it, which is not a lot, but cool.
00:08:32 [Speaker 3]
Uber that, hey.

00:08:33 [Speaker 3]
I guess hands are hard, but at least you're hustling.
00:08:36 [Speaker 3]
But you're just a kid.
00:08:38 [Speaker 3]
You're

00:08:41 [Speaker 1]
Yeah.
00:08:42 [Speaker 1]
I mean, you you summarize it well there.
00:08:44 [Speaker 1]
I mean, for me, your your the what you've invested is is is done.
00:08:51 [Speaker 1]
It's not bouncing back.
00:08:53 [Speaker 1]
It's it's not the next big thing.

00:08:54 [Speaker 1]
You will exit liquidity for the influencers that you will follow.
00:09:00 [Speaker 1]
As for what you can do to soothe your soul, I I don't know if I can even help you there, but just lay awake at night and and think about what you've done because you've done some heinous stuff.
00:09:11 [Speaker 1]
But with that being said, welcome back to the CryptoFlip podcast.
00:09:15 [Speaker 1]
I am your host, Harris King, and I am joined once again with my cohost, Ricardo and Deji.
00:09:21 [Speaker 1]
Don't forget to like, comment, and subscribe if you're watching on YouTube.

00:09:24 [Speaker 1]
And if you're listening on audio platforms, don't forget to leave a review because that enables us to make more episodes.
00:09:32 [Speaker 1]
And if you are interested in trading, check out the link in our show notes or in the description.
00:09:39 [Speaker 1]
You can trade with Mexi, and you can get some free bonuses.
00:09:43 [Speaker 1]
So other people who've been getting bonuses are people who have already been invested in the market because we have pumped.
00:09:51 [Speaker 1]
Pump, pump, pump.

00:09:53 [Speaker 1]
We'll be talking about a lot of pumps today, but the first pump we'll be talking about is a crypto market pump, and leading the charge is Bitcoin at $111,000.
00:10:06 [Speaker 1]
It's been a while since we've been back in this territory, and it seems to be a bit stable.
00:10:12 [Speaker 1]
Is this a breakout or a fake out?
00:10:15 [Speaker 1]
We've sort of seen this, this story before.
00:10:19 [Speaker 1]
We're not quite in q three as some of us have, you know, predicted that, actually, we are in q three.

00:10:25 [Speaker 1]
I mean, q four, as some of us have predicted that that will be the time for things to shine.
00:10:30 [Speaker 1]
So, yeah, with all that business, what do you make of this latest breakout?

00:10:35 [Speaker 2]
Fake out or breakout based on pumped up fund, doing the ICO?

00:10:40 [Speaker 1]
No.
00:10:41 [Speaker 1]
I've been no.
00:10:42 [Speaker 1]
No.
00:10:42 [Speaker 1]
That's hey.
00:10:43 [Speaker 1]
What?

00:10:43 [Speaker 1]
You think pumped up fund is the one controlling the market?

00:10:46 [Speaker 3]
Hey.
00:10:47 [Speaker 3]
Hey.

00:10:49 [Speaker 2]
Hey.
00:10:50 [Speaker 2]
We'll get into that.
00:10:51 [Speaker 2]
But, a cry or breakout.
00:10:54 [Speaker 2]
I see bad people online saying including CZ saying, I hope he bought the dip.
00:10:59 [Speaker 2]
The dip's here.

00:11:00 [Speaker 2]
He should have bought were a new all time high now.
00:11:04 [Speaker 2]
See, period going up.
00:11:07 [Speaker 2]
What what what what he what he was justifying, he he was justifying, the fact that anything that is an all time high is a dick.
00:11:16 [Speaker 2]
Like, the periods of time between all time highs are a dick.
00:11:19 [Speaker 2]
If if you bought Bitcoin at a 100 k and now it's at $1.20, I hope you bought the dip.

00:11:27 [Speaker 2]
Anyway, so, yeah, I reckon, fake out or break out.
00:11:33 [Speaker 2]
I'm just looking at the market.
00:11:35 [Speaker 2]
Things look like they're heating up a little.
00:11:38 [Speaker 2]
I don't know man.
00:11:39 [Speaker 2]
I reckon we're at a point now where there's still no clear direction.

00:11:44 [Speaker 2]
The only thing that you can be clear on right now based on everything throughout the history of crypto is Bitcoin is king, bro.
00:11:53 [Speaker 2]
And everything else is chump change.
00:11:56 [Speaker 2]
And Wow.
00:11:57 [Speaker 2]
If if you get into if you get into looking at all these charts and all this data and all these metrics, like, I looked over, how different coin well, Bitcoin.
00:12:06 [Speaker 2]
Bitcoin Bitcoin, total market cap and ETH perform for different months, the seasonality, all of that.

00:12:13 [Speaker 2]
Bro, there's no clear direction.
00:12:14 [Speaker 2]
All I know is in July, Ethereum is probably gonna not do well.
00:12:18 [Speaker 2]
Bitcoin's gonna do reasonably well.
00:12:21 [Speaker 2]
Like, we're talking plus 7% was the average.
00:12:24 [Speaker 2]
If Bitcoin does a plus 7% average from where it started, which I think was like one zero six, then we'll see a new all time high.

00:12:30 [Speaker 2]
Where, like, ten days into the month, we see the new all time high.
00:12:33 [Speaker 2]
There's still space for it to go.
00:12:35 [Speaker 2]
All of that.
00:12:35 [Speaker 2]
Yeah.
00:12:37 [Speaker 2]
And you think about it and you think if nothing negative happens, things will probably stay similar, the same, like, slowly going up.

00:12:51 [Speaker 2]
If something positive happens, the market could go parabolic.
00:12:55 [Speaker 2]
And yeah.
00:12:56 [Speaker 2]
But I'm just gonna shoot out there.
00:12:58 [Speaker 2]
Like, the old coin in the the whole old coin market is still looking mad weak because Bitcoin is looking way too strong, bro.
00:13:05 [Speaker 2]
Because for some people like Ethereum to pop or straight to pop or virtual to pop, because it'll have to go down because where else is the money coming from?

00:13:13 [Speaker 2]
Like, where is the stimulus for for money coming into the market?
00:13:17 [Speaker 2]
But, yeah, that's just me.
00:13:20 [Speaker 2]
Would you, Enrica?

00:13:23 [Speaker 3]
Was that even begin or that begin?
00:13:26 [Speaker 3]
Okay.
00:13:26 [Speaker 3]
I'll take it from here.
00:13:29 [Speaker 3]
Is it a fake call or breakout?
00:13:31 [Speaker 3]
Like he said, break like, no one truly knows whether it's fake car or breakout.

00:13:36 [Speaker 3]
I will say and say I believe that we are going down because I just don't have the information.
00:13:41 [Speaker 3]
No one has an information to claim.
00:13:44 [Speaker 3]
Euclid is easy.
00:13:45 [Speaker 3]
He doesn't the thing about it is that one thing I hate about so much is that CZ, because he used to be obviously the the the CEO of Binance, every time he does something and, you know, he says, oh, did you buy the dip?
00:14:02 [Speaker 3]
You see all this shit.

00:14:03 [Speaker 3]
Florida said, they're like, oh, break your knees.
00:14:05 [Speaker 3]
Caesar said, did you buy the dip?
00:14:06 [Speaker 3]
I'm like, how is that breaking your knees?
00:14:08 [Speaker 3]
You know what I mean?
00:14:09 [Speaker 3]
Like, just wanna get out of it, first of all.

00:14:11 [Speaker 3]
Second of all, I mean, looking at the metrics right now, I mean, Bitcoin dominance is getting crazy, crazy bananas.
00:14:17 [Speaker 3]
Well, like, we'll literally see the 5% of Bitcoin dominance.
00:14:21 [Speaker 3]
Ethereum is 9.2% dominance, and then the rest of the coins out Bitcoin.
00:14:27 [Speaker 3]
You know what I mean?
00:14:29 [Speaker 3]
Well, we've always said the safest thing to all through because right now, we're basically on charter territory.

00:14:33 [Speaker 3]
Like, literally, any because sneezed and then it could break the over previous onetime high.
00:14:38 [Speaker 3]
And look at the chart right here.
00:14:41 [Speaker 3]
We've held that eight ton breaker from, like, one zero seven range.
00:14:46 [Speaker 3]
Now we broke through that $1.00 $9.5100 range.
00:14:51 [Speaker 3]
Now we've now this keeps sitting close here on that one eleven.

00:14:56 [Speaker 3]
And, you know, literally less than a percentage away from breaking all time.
00:15:02 [Speaker 3]
So it starts it's sad to say we'll probably break all time.
00:15:06 [Speaker 3]
If we already we haven't really broken it.
00:15:08 [Speaker 3]
I think we have broken it, actually.
00:15:10 [Speaker 3]
Literally, it's the difference is literally, like, 70¢.

00:15:16 [Speaker 3]
So we you're being I'm sure under some exchanges, it'd better be broken.
00:15:19 [Speaker 3]
But what I can make here is, like, there is, like, this personally, for me, the only time I'm interested in in this area right now is showing.
00:15:27 [Speaker 3]
The is crazy.
00:15:29 [Speaker 3]
Like, hear me.
00:15:31 [Speaker 3]
I'm not gonna say embarrassed on the mark or whatever.

00:15:33 [Speaker 3]
Saying there of opportunity you kinda capitalize on, personally, for me.
00:15:37 [Speaker 3]
But longing, because as you said, to divide the dip is stupid from his range.
00:15:41 [Speaker 3]
If you're gonna long, you could long at 97 k on the dip.
00:15:44 [Speaker 3]
If you get it, then then you I think the only thing I'm interested in is range, is shorter around that one twelve range and or just above that, previous all time high that we made in early May.
00:15:59 [Speaker 3]
So is that early May?

00:16:01 [Speaker 3]
Yes.
00:16:01 [Speaker 3]
Early May.
00:16:02 [Speaker 3]
So, that's what I'm looking at.
00:16:05 [Speaker 3]
I'm looking at potential short situation.
00:16:07 [Speaker 3]
I've I've understand I think I told you in

00:16:09 [Speaker 1]
the previous, broad episodes.

00:16:12 [Speaker 3]
I've been in some short position.
00:16:13 [Speaker 3]
Very smart.
00:16:14 [Speaker 3]
So, like, even though Bitcoin has hit one of the 11 New York time high, I'm not sweated because it's basically a very short, like, a very small short position because I'm not that bearish on the market, especially not bearish on Bitcoin.
00:16:28 [Speaker 3]
What I'm extremely bearish on is all coins, though, because I think if you're gonna build a short position, you wanna build around this because they're the one that especially hype that's been moving like crazy.
00:16:39 [Speaker 3]
Solano.

00:16:40 [Speaker 3]
Solano could win soon because you've got you've got the in Solano ETF that might be accepted.
00:16:45 [Speaker 3]
That could be a positive catalyst in the market that might push things up a little bit.
00:16:49 [Speaker 3]
But I see maybe a a novice push up to maybe $1.20 k, and then probably a massive crash right down to that weekly or monthly fair value gap, which is basically 96 k or below.
00:17:02 [Speaker 3]
So, like, the weekly support is order from at 75 k.
00:17:06 [Speaker 3]
I still I got I can call for a whole bacon who's still gonna visit this place when before August.

00:17:12 [Speaker 3]
So when July now?
00:17:13 [Speaker 3]
So we'll I'm look I'm looking to see what the weakest was to play, but I'm I'm pretty certain we'll visit this, which is some type of Cambridge.
00:17:24 [Speaker 3]
When?
00:17:24 [Speaker 3]
I don't know.
00:17:25 [Speaker 3]
I'm not a guru.

00:17:26 [Speaker 3]
I won't put it on.
00:17:26 [Speaker 3]
I'd like I don't know exactly when that's gonna happen, but we've had a crazy quarter,

00:17:32 [Speaker 1]
and then we have Does that mean you're gonna show?

00:17:36 [Speaker 3]
Now right now, like, the the thing about this is like, whenever you're on uncharted territory, you know, your landscape won't.
00:17:44 [Speaker 3]
Why would you buy it?
00:17:45 [Speaker 3]
The only thing that I would be interested in is short.
00:17:48 [Speaker 3]
You know what I mean?
00:17:48 [Speaker 3]
Like, it just like, we're working.

00:17:50 [Speaker 3]
If you okay.
00:17:51 [Speaker 3]
I guess you can buy a sell high above.
00:17:54 [Speaker 3]
Where do you sell high?
00:17:55 [Speaker 3]
Like, let me do you buy now and sell $1.20?
00:17:57 [Speaker 3]
Do we think it's good for that?

00:17:58 [Speaker 1]
You

00:17:58 [Speaker 3]
could go to one something and right right down to the weekly FBM.
00:18:01 [Speaker 3]
It's got FVG.
00:18:02 [Speaker 3]
So, you you treated really don't know until you have more days available.
00:18:07 [Speaker 3]
I think as this week close, we'll know more if there's strength and there's breakout.
00:18:11 [Speaker 3]
Let me start that so far on the.

00:18:13 [Speaker 3]
But, I will wait a bit.
00:18:16 [Speaker 3]
I'll wait for a couple more days before you start thinking of, you know what I mean, trying to shut the pickle top because, yeah.
00:18:23 [Speaker 3]
And then I think we all know this this interest in the Bitcoin ETF has driven this massive value by Bitcoin from, like, like, a k ring.
00:18:34 [Speaker 3]
So we see how it goes.
00:18:35 [Speaker 3]
But, for me personally, I'm keeping an eye on Bitcoin only.

00:18:39 [Speaker 3]
And Ethereum is still Ethereum.
00:18:41 [Speaker 3]
I mean, it's at $3.07.
00:18:42 [Speaker 3]
Yippee.
00:18:43 [Speaker 3]
Nothing big deal here.
00:18:44 [Speaker 3]
But I love.

00:18:46 [Speaker 3]
Oh, man.
00:18:47 [Speaker 3]
It took me about to melt off the okay.
00:18:51 [Speaker 3]
Cool.
00:18:51 [Speaker 3]
Okay.
00:18:51 [Speaker 3]
Let's see.

00:18:52 [Speaker 3]
Let's see.
00:18:52 [Speaker 3]
So, yeah, I'm keeping an eye on the chart, making sure that I can only the, the plan instead of plan, which is obviously to try and get a more shop position around that $1.11 k range to $1.15 k range.
00:19:06 [Speaker 3]
So that's kinda like my plan in the short term.
00:19:08 [Speaker 3]
Long term, we're bullish.
00:19:09 [Speaker 3]
Obviously, you know this.

00:19:10 [Speaker 3]
We're a bullish channel.
00:19:11 [Speaker 3]
But, right now, I would not stop longing from all time high.
00:19:17 [Speaker 3]
Like, that is insane.
00:19:18 [Speaker 3]
Like, I would love to see Nissan justify longer than this range.
00:19:22 [Speaker 3]
I don't care if it's XRP or Solana.

00:19:24 [Speaker 3]
I wanna know why you wanted the longer than this range.
00:19:26 [Speaker 3]
That's why I'm kinda interested in.
00:19:28 [Speaker 3]
Harris?

00:19:31 [Speaker 1]
Yeah.
00:19:31 [Speaker 1]
I mean, when I first, because I've been I've been all over the place this week, so I haven't really been, in the markets, so to speak.
00:19:42 [Speaker 1]
But when I was preparing for the show and I saw that we were in one eleven, I was, oh, okay.
00:19:47 [Speaker 1]
I was pleasantly surprised.
00:19:50 [Speaker 1]
As for whether this is a breakout or a fake out, it's obviously hard to tell.

00:19:56 [Speaker 1]
I think we'll have a better idea.
00:19:58 [Speaker 1]
Usually, if it's a fake out, you find out somewhat quickly.
00:20:01 [Speaker 1]
If it's breakout, the the price is probably gonna be stable, and then it will start trying to push, and then, obviously, depending on resistance, etcetera, it may drop before, you know, actually starts to rally.
00:20:15 [Speaker 1]
But I wanna know from both of you.
00:20:16 [Speaker 1]
Obviously, you've said in the past, like, one twenty, one thirty, maybe $1.50.

00:20:22 [Speaker 1]
In your most bullish scenario, what

00:20:25 [Speaker 3]
do

00:20:25 [Speaker 1]
you think Bitcoin can do this cycle?

00:20:28 [Speaker 2]
$200.
00:20:29 [Speaker 2]
$2.50.

00:20:31 [Speaker 3]
I I will be cautious.
00:20:34 [Speaker 3]
I would say one seventy, one eighty because everybody's gonna they said because the 20 k whole number is a number.
00:20:41 [Speaker 3]
So they say, wait.
00:20:42 [Speaker 3]
Look how long it took us a huge momentum to break that 100 k barrier eventually.
00:20:47 [Speaker 3]
And we did broke over.

00:20:48 [Speaker 3]
We we broke over.
00:20:49 [Speaker 3]
We consolidated on top of that range, and then we now have one one eleven, which is great news.
00:20:54 [Speaker 3]
But I think I will I think we'll fall short of 20 k, probably one ninety, one eighty.
00:21:00 [Speaker 3]
So because seven, I can say one eighty.

00:21:03 [Speaker 1]
Yeah.
00:21:04 [Speaker 1]
Yeah.
00:21:04 [Speaker 1]
I I I think yeah.
00:21:06 [Speaker 1]
The psychological barrier would be very interesting.
00:21:09 [Speaker 1]
But, yeah, I'm I'm leaning towards that sort of one sixty to one ninety range.

00:21:14 [Speaker 1]
Probably, let's say, one eighty.
00:21:17 [Speaker 1]
Say, I'm I'm in the same sort of mindset as you when it comes to that.
00:21:23 [Speaker 1]
But someone's mindset is being questioned is Ton as Ton Telegram's Ton jumped over 10% after they claimed that The UAE had partnered with them to give them a golden visa or any ton staker a golden visa.
00:21:43 [Speaker 1]
And it appeared the website.
00:21:44 [Speaker 1]
It was retweeted by the CEO of Ton and, obviously, COO of Telegram.

00:21:52 [Speaker 1]
But then it came out that The UAE actually came out and publicly denied that this was the case.
00:22:00 [Speaker 1]
Because the details of it were, because I saw this live, and I was, oh, okay.
00:22:05 [Speaker 1]
This is kind of a dope scheme.
00:22:06 [Speaker 1]
You know, stake a 100 bags for three years, pay 35 k in fees to for, like, agent fees or whatever, and get a ten year golden visa in The UAE.
00:22:16 [Speaker 1]
I was like, okay.

00:22:18 [Speaker 1]
Lit.
00:22:18 [Speaker 1]
How do I stake?

00:22:19 [Speaker 2]
You and your family.

00:22:21 [Speaker 1]
You and your family.
00:22:22 [Speaker 1]
Not just one per not one application.
00:22:24 [Speaker 1]
Also dependents.
00:22:26 [Speaker 1]
So when I saw this, I was like, yo.
00:22:27 [Speaker 1]
This is this is kinda dope.

00:22:30 [Speaker 1]
Let me bookmark this.
00:22:31 [Speaker 1]
But then, obviously, it came out that that wasn't the case.
00:22:34 [Speaker 1]
But I wonder how many people actually staked as a result of it.
00:22:38 [Speaker 1]
And now and now trapped.
00:22:40 [Speaker 1]
You don't think so?

00:22:41 [Speaker 2]
Staked because of that.
00:22:42 [Speaker 2]
Nah, man.
00:22:43 [Speaker 2]
Why not?
00:22:44 [Speaker 2]
Man.
00:22:45 [Speaker 2]
Because alright.

00:22:47 [Speaker 2]
Alright.
00:22:48 [Speaker 2]
Think about the type of people that would say, I'm gonna stay a $100 in ton.
00:22:52 [Speaker 2]
We're talking people that have crypto and they're like, right.
00:22:55 [Speaker 2]
This is it.
00:22:55 [Speaker 2]
Man can go somewhere else and I could pay no tax or whatever when I saw my crypto.

00:23:01 [Speaker 2]
They would have gone they would have been like they would have been scouring the Internet, bro.
00:23:04 [Speaker 2]
Because these men are Internet warriors, bro.
00:23:07 [Speaker 2]
Like, if if anyone out if if anyone of the three of us was super serious on this, we wouldn't just go and state.
00:23:12 [Speaker 2]
We'd start doing some DD, bro.
00:23:14 [Speaker 2]
And the DD the the the knowledge that this wasn't real was, like, super easy to get, which is why a couple hours later, it got debunked and people were, like, yeah.

00:23:24 [Speaker 2]
So I didn't reckon anyone jumped on it and state.
00:23:27 [Speaker 2]
Some people more my aborton, things.
00:23:30 [Speaker 2]
Yeah.
00:23:31 [Speaker 2]
That's why it pumped.
00:23:32 [Speaker 2]
Eventually, that's why it pumped.

00:23:34 [Speaker 2]
But, yeah, then it came back down.
00:23:36 [Speaker 2]
Like, hours after when The UAE rejected the the claim that they're supporting this.

00:23:43 [Speaker 1]
You know what's funny?
00:23:44 [Speaker 1]
Even, CZ committed.
00:23:47 [Speaker 1]
Gone.
00:23:47 [Speaker 1]
Did it?
00:23:48 [Speaker 1]
I said even Yeah.

00:23:49 [Speaker 1]
CZ was basically saying that, sorry.
00:23:52 [Speaker 1]
I was just gonna say before you jump in, that CZ commented saying, yo.
00:23:56 [Speaker 1]
If if this is, if this is real, I'm gonna get BNB on this as well.
00:24:01 [Speaker 1]
But he he remained a bit skeptical.
00:24:03 [Speaker 1]
But yeah.

00:24:04 [Speaker 1]
Sorry.
00:24:04 [Speaker 1]
Go on.
00:24:04 [Speaker 1]
What were you saying?

00:24:05 [Speaker 2]
No.
00:24:05 [Speaker 2]
I'm saying even even man like Pavel would have had I mean, he retreated it.
00:24:10 [Speaker 2]
Right?
00:24:11 [Speaker 2]
But at the same time, you can say he probably doesn't he probably doesn't run his account.
00:24:14 [Speaker 2]
But, you should have known better, man.

00:24:17 [Speaker 2]
I swear he's in Dubai after he got bagged.

00:24:19 [Speaker 1]
He is.
00:24:20 [Speaker 1]
And that's what made me think, oh, this is actually legit.

00:24:23 [Speaker 2]
Same.
00:24:24 [Speaker 2]
Same.
00:24:25 [Speaker 2]
It's a shame.
00:24:25 [Speaker 2]
It would have been a deal because when I first saw it, like you, I was like, a 100 bags.
00:24:30 [Speaker 2]
Because right now, I think for you to get a golden visa, you have to spend, like, 400 k in US dollars in property, like, all their bills in value.

00:24:37 [Speaker 1]
There are different ways, but I think that's one of the main ways.
00:24:39 [Speaker 1]
Yeah.

00:24:40 [Speaker 2]
That's, like, the main I have money ways, like,

00:24:43 [Speaker 1]
versus Yeah.
00:24:43 [Speaker 1]
Exactly.

00:24:44 [Speaker 2]
Yeah.
00:24:44 [Speaker 2]
Business or whatever.
00:24:47 [Speaker 2]
And bad people was just like, that's a lot of money, and I don't I don't know if you can mortgage it out.
00:24:51 [Speaker 2]
Yeah.
00:24:51 [Speaker 2]
I think you actually have to have the 400.

00:24:53 [Speaker 2]
A 100 k is looking a lot more appealing.
00:24:55 [Speaker 2]
Well, 135 because you have to pay that 35 k for for fees.
00:24:59 [Speaker 2]
But, but yeah.
00:25:01 [Speaker 2]
I just think it's a bit it was looking saucy.
00:25:04 [Speaker 2]
And then yeah.

00:25:07 [Speaker 2]
It's fake.
00:25:08 [Speaker 2]
Because, bro, we need to buy a Visa in the for to be a American citizen like we spoke about on the show before.
00:25:13 [Speaker 2]
Right now, it's sitting at 5 mil US dollars.
00:25:16 [Speaker 2]
Like, The UAE infrastructure is getting bigger.
00:25:20 [Speaker 2]
It's getting better.

00:25:21 [Speaker 2]
A $100 is a steal, bro.
00:25:23 [Speaker 2]
It's a steal.

00:25:25 [Speaker 3]
I've been able to be a US citizen.
00:25:27 [Speaker 3]
My god.
00:25:28 [Speaker 3]
Then I gotta go to the store room, but I'm not giving the fat milk, but I broke it crazy.

00:25:32 [Speaker 1]
Yeah.

00:25:32 [Speaker 3]
Anyway, I'm not trying to make you easier.
00:25:34 [Speaker 3]
This is embarrassing for time.
00:25:36 [Speaker 3]
This is embarrassing.
00:25:38 [Speaker 3]
Like yeah.
00:25:38 [Speaker 3]
Like, you can you might say, yeah.

00:25:40 [Speaker 3]
You can deflect.
00:25:41 [Speaker 3]
Oh, yeah.
00:25:42 [Speaker 3]
I go on my account.
00:25:43 [Speaker 3]
Blah blah blah blah.
00:25:44 [Speaker 3]
The news was circling for at least a couple days, three days.

00:25:47 [Speaker 3]
So, well, you are in a retreat, and you didn't see that your this is going on.
00:25:52 [Speaker 3]
Like, this is because Trump pump as a result of this, and I'm not really concerned about the pump too much.
00:25:58 [Speaker 3]
But, like, what does Trump have going for them right now?
00:26:02 [Speaker 3]
This was meant to be like, oh, oh, another bullish catalyst.
00:26:06 [Speaker 3]
I don't know, like, the influencer down x.

00:26:09 [Speaker 3]
They were, like, say, breaking news.
00:26:11 [Speaker 3]
Yeah.
00:26:11 [Speaker 3]
You you go to Visa.
00:26:13 [Speaker 3]
If you're a ton snake, I was like, oh, interested.
00:26:15 [Speaker 3]
But for it's now come out, it's it gives them.

00:26:19 [Speaker 3]
I said, I'm sorry.
00:26:20 [Speaker 3]
It is.
00:26:21 [Speaker 3]
So, at the end of the day, I think for me, personally, Tom had a huge they had a huge potential, and I mean, things have been the roses ever since Pavel was arrested in France.
00:26:35 [Speaker 3]
And, actually, they haven't gone back on track ever since.
00:26:39 [Speaker 3]
And this would have been a nice time to get back on track, but you know what I mean?

00:26:42 [Speaker 3]
You don't this is this is the wrong time for the a lot of tech needs to separate ecosystem, in my opinion.
00:26:49 [Speaker 3]
So and then if you look at the the news itself, the way it was kinda curated was a bit weird.
00:26:57 [Speaker 3]
It looked like it wasn't like you I I would it didn't look like it was verified news to me.
00:27:03 [Speaker 3]
And I never let it I never had to look into it.
00:27:05 [Speaker 3]
I'm like, okay.

00:27:07 [Speaker 3]
God mistaken, This, well, 100 k ton to get go and use it.
00:27:11 [Speaker 3]
It didn't make sense.
00:27:12 [Speaker 3]
It didn't make sense, sir.
00:27:14 [Speaker 3]
What's the what's the incentive to UAE?
00:27:16 [Speaker 3]
You gotta give them a ton of tons.

00:27:17 [Speaker 3]
Like you know what I mean?
00:27:19 [Speaker 3]
Like, you just got money.
00:27:21 [Speaker 3]
Yeah.
00:27:21 [Speaker 3]
Yeah.
00:27:21 [Speaker 3]
Exactly.

00:27:22 [Speaker 3]
It got money.
00:27:24 [Speaker 3]
Okay.
00:27:24 [Speaker 3]
Cool.
00:27:24 [Speaker 3]
Maybe okay.
00:27:25 [Speaker 3]
Maybe maybe I thought maybe they're using it to attract because anyone because obviously, they're gonna be on part of The US, China.

00:27:31 [Speaker 3]
You need smart companies over there.
00:27:33 [Speaker 3]
You need top engineers.
00:27:34 [Speaker 3]
I mean, there's no top engineers in UAE, but you need more.
00:27:37 [Speaker 3]
The more engineers, the more top engineers you have, the better you're able to kinda stay on par with all these rising stars, like, you know, I mean, China and US.
00:27:46 [Speaker 3]
So other than that, UAE is not sure of money.

00:27:49 [Speaker 3]
I don't want your time.
00:27:50 [Speaker 3]
So if Pavel is not they'll be pledging this is is is is is is sold to UAE.
00:27:55 [Speaker 3]
This isn't gonna happen.
00:27:56 [Speaker 3]
And then why would they need to do you a favor?
00:27:58 [Speaker 3]
They could just give you 10 mil 200 mils.

00:28:00 [Speaker 3]
Yeah.
00:28:01 [Speaker 3]
Yo.
00:28:01 [Speaker 3]
Listen.
00:28:01 [Speaker 3]
You're you're not you're a citizen.
00:28:03 [Speaker 3]
Knock and walk.

00:28:05 [Speaker 3]
So it's like, it just didn't make sense.
00:28:06 [Speaker 3]
Look who are those and the thing about it, crypto x news is that.
00:28:11 [Speaker 3]
A lot of them can be fake or recirculated.
00:28:14 [Speaker 3]
So you really wanna, like, before you act on it, before you say, oh, You wanna probably wait a couple days.
00:28:20 [Speaker 3]
Yeah.

00:28:20 [Speaker 3]
Obviously, you could wait.
00:28:21 [Speaker 3]
You might miss the pump, whatever.
00:28:23 [Speaker 3]
But listen, pumps go and come back, man.
00:28:25 [Speaker 3]
Like, any pump that you think you might mess, right back.
00:28:28 [Speaker 3]
People will say Bitcoin is gone now.

00:28:30 [Speaker 3]
Watch watch.
00:28:31 [Speaker 3]
In a couple of months, oh, yeah.
00:28:32 [Speaker 3]
You should buy the dip.
00:28:33 [Speaker 3]
You should buy the dip.
00:28:34 [Speaker 3]
See?

00:28:35 [Speaker 3]
So that's just kinda my that was my initial post when I first started.
00:28:39 [Speaker 3]
So it wasn't like, wow.
00:28:41 [Speaker 3]
Wow.
00:28:41 [Speaker 3]
Yeah.
00:28:42 [Speaker 3]
I can't miss on this opportunity.

00:28:43 [Speaker 3]
Well, it was it was more like, let me sit back and see how the people react to this because I'm not sure this is real need.

00:28:49 [Speaker 1]
So I'm

00:28:49 [Speaker 3]
not surprised at all.
00:28:51 [Speaker 3]
It got rejected.
00:28:52 [Speaker 3]
So yeah.
00:28:53 [Speaker 3]
Not good.
00:28:54 [Speaker 3]
Not it's not good for some.

00:28:55 [Speaker 3]
Like, turn it slowly become the next TIA, and that's not good.
00:28:59 [Speaker 3]
Celestia has finished.
00:29:01 [Speaker 3]
So they don't wanna be the next tier, Celestia.
00:29:03 [Speaker 3]
Like, they need to be very, very careful.

00:29:07 [Speaker 1]
Yeah.
00:29:07 [Speaker 1]
There's a an old parable, which is, if it sounds too good to be true, it probably is.
00:29:14 [Speaker 1]
And I think it this was one of those situations.
00:29:17 [Speaker 1]
I I desperately wanted this to be true.

00:29:19 [Speaker 3]
I was like,

00:29:19 [Speaker 1]
yo.
00:29:22 [Speaker 1]
That could be a nice addition to the portfolio, man.
00:29:26 [Speaker 1]
But, yeah, obviously, it turned out not to be the case.
00:29:30 [Speaker 1]
Is it gonna do damage to them credibility wise?
00:29:34 [Speaker 1]
It may be in a short term.

00:29:35 [Speaker 1]
I think people have short minds unless, when it comes to crypto, unless it's something huge like fraud or, you know, the feds get involved or, you know, like, the CC stuff with, him going to jail and stuff like that.
00:29:50 [Speaker 1]
A failed partnership or a fake partnership is not good, but I don't think it's gonna hurt them in any meaningful way.
00:29:58 [Speaker 1]
Obviously, they lost all the gains that they got from the announcement, but long time, I don't think people are really gonna remember that much.
00:30:06 [Speaker 1]
I suppose the only thing you might do is if they do get get genuine partnerships, people might think twice and, you know, be a bit more hesitant moving forward.
00:30:15 [Speaker 1]
But, obviously, if they tighten up, then that shouldn't be a problem.

00:30:21 [Speaker 1]
But, yeah, it's just a shame.
00:30:22 [Speaker 1]
It's just a shame.
00:30:23 [Speaker 1]
And another shame that we have to come to terms with is PubFun has, officially announced their token sale.
00:30:34 [Speaker 1]
It will be out in about five days, or four days from now, and this sale will last for three days.
00:30:43 [Speaker 1]
The total supply will be 1,000,000,000,000, and the total sale amount will be 150,000,000,000 tokens at $0.004 each, which equals about $600,000,000 in sale with a $4,000,000,000 f FV.

00:31:02 [Speaker 1]
So we've talked about the rumors, but now it is official.
00:31:06 [Speaker 1]
Pump Fund token is here.
00:31:09 [Speaker 1]
Which one are you man are buying?
00:31:16 [Speaker 1]
One.
00:31:16 [Speaker 1]
How much are you buying?

00:31:17 [Speaker 1]
That should be the question.
00:31:18 [Speaker 1]
How much are you buying?
00:31:19 [Speaker 1]
That's what we wanna know.

00:31:22 [Speaker 3]
Yeah.
00:31:22 [Speaker 3]
Zero.
00:31:23 [Speaker 3]
Man.
00:31:24 [Speaker 3]
Zero.
00:31:27 [Speaker 3]
Zero.

00:31:28 [Speaker 3]
Nope.
00:31:29 [Speaker 3]
Kiss Zero.
00:31:30 [Speaker 3]
Nope.
00:31:30 [Speaker 3]
Me off, man.
00:31:31 [Speaker 3]
Zero.

00:31:31 [Speaker 3]
Listen.
00:31:33 [Speaker 3]
I'm a let I I'm a Let Ricardo go first because I think he's got some buzz with this one.
00:31:37 [Speaker 3]
I can go first to.

00:31:39 [Speaker 2]
Let me let me just let me just slide in real quick.
00:31:44 [Speaker 2]
Calm dot fund is going in for a FTV of what was it?
00:31:49 [Speaker 2]
600,000,000?

00:31:52 [Speaker 1]
No.
00:31:52 [Speaker 1]
FTV of 4 of, 4,000,000,000, but they're selling 600,000,000.
00:31:58 [Speaker 1]
They're selling 600 mil.
00:31:59 [Speaker 1]
Yeah.

00:32:02 [Speaker 2]
Do you know what?
00:32:04 [Speaker 2]
They've had the maddest journey.
00:32:05 [Speaker 2]
They got abandoned x a couple weeks ago, but they're back.
00:32:09 [Speaker 2]
If you, man, scroll through, they're they're back, my guy.
00:32:12 [Speaker 2]
That's how I figure that.

00:32:13 [Speaker 3]
That's how I Yeah.
00:32:14 [Speaker 3]
I didn't even I didn't even know that it's all bad.

00:32:16 [Speaker 2]
I didn't know.
00:32:18 [Speaker 2]
For, like you got banned for, like, fifty seconds.
00:32:21 [Speaker 2]
Don't know.
00:32:22 [Speaker 2]
Go ahead.
00:32:22 [Speaker 2]
I ordered the SS today.

00:32:24 [Speaker 2]
I'm scrolling.
00:32:25 [Speaker 2]
I'm seeing Kraken retweet.
00:32:28 [Speaker 2]
Mex re retweets.
00:32:29 [Speaker 2]
Shout out to Mex, by the way.
00:32:31 [Speaker 2]
Sponsors and that.

00:32:32 [Speaker 2]
I'm seeing I'm seeing bear exchanges retweet retweet retweet.
00:32:37 [Speaker 2]
I'm seeing Elon saying, hey.
00:32:40 [Speaker 2]
Yeah.
00:32:40 [Speaker 2]
This is coming.
00:32:41 [Speaker 2]
And I'm like, raw.

00:32:42 [Speaker 2]
This is, like, a lot of buzz for a ICO, like, the marketing wise.
00:32:47 [Speaker 2]
They're doing it properly.
00:32:48 [Speaker 2]
I don't know about Elon Musk.
00:32:49 [Speaker 2]
No.
00:32:50 [Speaker 2]
No.

00:32:50 [Speaker 2]
That must.
00:32:51 [Speaker 2]
No.
00:32:51 [Speaker 2]
No.
00:32:51 [Speaker 2]
No.
00:32:52 [Speaker 2]
No.

00:32:52 [Speaker 2]
No.
00:32:52 [Speaker 2]
No.
00:32:52 [Speaker 2]
No.
00:32:52 [Speaker 2]
I wouldn't I wouldn't no.
00:32:53 [Speaker 2]
I didn't see that.

00:32:54 [Speaker 2]
But when you look at these, well, we always know that the team are gonna be nice.
00:33:02 [Speaker 2]
So 20% makes sense.
00:33:05 [Speaker 2]
Existing investors, we always know that they were gonna be nice.
00:33:08 [Speaker 2]
But Shit.
00:33:09 [Speaker 2]
Who are the existing investors?

00:33:10 [Speaker 2]
They might have done, like, fucking $5,700,000,000 revenue, bruv.
00:33:14 [Speaker 2]
Who who?
00:33:16 [Speaker 2]
Anyway, but, yeah, I think, I'm not gonna buy any.
00:33:22 [Speaker 2]
Listen.
00:33:24 [Speaker 2]
I think it's too late to buy.

00:33:25 [Speaker 2]
I think for for me wanting to get into a coin like this, it it's way too late for me to buy.
00:33:32 [Speaker 2]
I see them, you know, going on and doing cool things in in future.
00:33:36 [Speaker 2]
They've got about sick team of developers like we keep saying.
00:33:41 [Speaker 2]
They have all the right stuff to do well.
00:33:45 [Speaker 2]
But if the market doesn't like them, the market doesn't like them and they'll be priced up.

00:33:49 [Speaker 2]
What I think is mad, though, is their creator rewards.
00:33:53 [Speaker 2]
So I don't know if you've gone on x, but they've been doing some mad marketing on x.
00:33:58 [Speaker 2]
So instead of, like, the regular, you know, like, oh, look.
00:34:01 [Speaker 2]
This person took his portfolio from x to z.
00:34:03 [Speaker 2]
They've been doing things like, oh, this guy retired his family with, with pumped up fund creator rewards.

00:34:11 [Speaker 2]
Because you have kids out there doing 750 k on career rewards, 250 k on career rewards.
00:34:17 [Speaker 2]
And now they're they're saying with this token, you got some tokens back based on if how many coins you create.
00:34:22 [Speaker 2]
So developers, how many coins hit bonding, how many coins hit one mil.
00:34:28 [Speaker 2]
Listen.
00:34:28 [Speaker 2]
The the way how to distribute in to to the community and ecosystem by our incentives is looking mad.

00:34:37 [Speaker 2]
They're giving away money for live streaming, like, tokens for live streaming and the interest that you get live streaming.
00:34:43 [Speaker 2]
So, you know, one of our episodes are gonna be a live stream.
00:34:47 [Speaker 2]
Just putting out there.
00:34:49 [Speaker 2]
But, yeah, it's looking, it's looking it's looking like a mad ICO.
00:34:53 [Speaker 2]
I I just I wanted to do well, but I just I just feel like the market.

00:34:58 [Speaker 2]
But

00:34:59 [Speaker 3]
looking like a war hurricane break.
00:35:00 [Speaker 3]
Is that gonna be

00:35:01 [Speaker 2]
But he's a decent ICO.
00:35:04 [Speaker 2]
I ain't gonna buy I ain't gonna mind.
00:35:06 [Speaker 2]
I'd rather I'd rather win some tokens.
00:35:08 [Speaker 2]
I'd rather I'd rather be I'd rather go on live stream, bro.
00:35:12 [Speaker 2]
You get me?

00:35:12 [Speaker 2]
Rather than

00:35:13 [Speaker 1]
Rather get a airdrop.
00:35:14 [Speaker 1]
Tokens.

00:35:14 [Speaker 2]
Yeah.
00:35:15 [Speaker 2]
I'd rather get dropped.

00:35:17 [Speaker 3]
Yeah.
00:35:18 [Speaker 3]
Let me I'm I'm a go in on this.
00:35:19 [Speaker 3]
Let me slide in next year.
00:35:21 [Speaker 3]
We added to check.
00:35:22 [Speaker 3]
Yep.

00:35:25 [Speaker 3]
Daily revenue peaked at over several million on January 23 and 01/23/2025.
00:35:32 [Speaker 3]
And then this plunge EBIT is plunged more than 92% right down to $7,500 k.
00:35:39 [Speaker 3]
Market obviously could, you know, this, like, market cap of graduate the public nine drop from tens of million to rocket bottom range of 50 k to 100 k.
00:35:48 [Speaker 3]
So when last time you saw a token graduate at 6,000,000,000, It's been a while since the a a a green card graduate at billion.
00:35:58 [Speaker 3]
And then they look at market share because let's bank now has a market short for 20%, comes up on as the pan to basically 40%.

00:36:08 [Speaker 3]
So the the it makes sense for them to do an ICO.
00:36:12 [Speaker 3]
This is a money grab, and I'll man, I'll dab deeper into the token token distribution.
00:36:17 [Speaker 3]
When you are doing 33% for ICO, and I think this also include presale.
00:36:22 [Speaker 3]
So and, and there's existing investors as well.
00:36:26 [Speaker 3]
And there's teams, there's community ecosystem, all have, like like there's no transparency.

00:36:35 [Speaker 3]
And, basically, there should be balance between how much you're giving to investors, how many you're giving to the team, and how much you're giving to the community for the for the long term.
00:36:44 [Speaker 3]
But why you're giving 13% to existing investment?
00:36:50 [Speaker 3]
They've already been eating off the revenue before.
00:36:53 [Speaker 3]
And on top of that, you give 20% to you, the team.
00:36:58 [Speaker 3]
And on top of that, Included in the ICO, which includes presale.

00:37:04 [Speaker 3]
You're giving that 33%.
00:37:06 [Speaker 3]
How much of that is the presale?
00:37:07 [Speaker 3]
We don't know.
00:37:08 [Speaker 3]
All I know is that presales happened, and we don't know what is what is.
00:37:14 [Speaker 3]
For.

00:37:14 [Speaker 3]
And what we kinda said hit the nail on the head.
00:37:16 [Speaker 3]
You said it's too late for to get involved.
00:37:18 [Speaker 3]
It's absolutely too late, man.
00:37:20 [Speaker 3]
They sell it at no point no no four to regular investment that go about an exchange and stuff now.
00:37:26 [Speaker 3]
But if you presale, what did they get it for?

00:37:29 [Speaker 3]
No.
00:37:29 [Speaker 3]
No.
00:37:30 [Speaker 3]
No.
00:37:30 [Speaker 3]
No.
00:37:30 [Speaker 3]
No.

00:37:30 [Speaker 3]
No.
00:37:30 [Speaker 3]
No.
00:37:30 [Speaker 3]
No.
00:37:32 [Speaker 3]
Six.
00:37:32 [Speaker 3]
Like, it's just on the third batch each.

00:37:34 [Speaker 3]
And then I think if you think that if you truly believe in the team, which me, I think is a bit iffy, then I think, Rick, you know more about it till the nine view.
00:37:42 [Speaker 3]
And then even with team, you know, with, they're not always do well.
00:37:46 [Speaker 3]
It's not about, oh, this is what this team would have.
00:37:48 [Speaker 3]
It's about the idea you have put forward.
00:37:50 [Speaker 3]
I know one thing that probably the front had growth for them that they already have, like, system business that's doing decent and fairly well.

00:37:57 [Speaker 3]
So I I think if you wanna get involved, the best is just let it come out publicly, see how it does for a week, then jump in.
00:38:03 [Speaker 3]
I don't know, try to, like, get a small location here and there.
00:38:07 [Speaker 3]
I don't think it's worth in my opinion.
00:38:08 [Speaker 3]
I just feel like the lack of transparency, the opaque governance, the or the value of fundraising, personally for me is not a good taste, and this is not gonna end well.
00:38:21 [Speaker 3]
No.

00:38:21 [Speaker 3]
I mean because this looks like a typical money grab.
00:38:24 [Speaker 3]
I know I know this because I've been I've been part of a lot of SEOs, and this token the distribution here, it's not fair to investors.
00:38:32 [Speaker 3]
It's this is a pure money grab.
00:38:34 [Speaker 3]
I don't care what anyone

00:38:36 [Speaker 2]
it's better than Trump and Melania.
00:38:39 [Speaker 2]
I'm back.

00:38:39 [Speaker 1]
Well, you say that, but I made money of Melania.
00:38:42 [Speaker 1]
So I don't know about that one.
00:38:44 [Speaker 1]
This one.

00:38:44 [Speaker 2]
You and I, but you and I are one of, like, 50 out of the thousands of people that I saw.

00:38:52 [Speaker 1]
I hear that.
00:38:52 [Speaker 1]
I hear that.
00:38:53 [Speaker 1]
It it may be I I think it's gonna be bad.
00:38:56 [Speaker 1]
I think that, the way I'll play it, I I'm not gonna buy the ICO.
00:39:03 [Speaker 1]
I'm not gonna buy it on exchanges.

00:39:06 [Speaker 1]
What I'm thinking of doing, if I do anything at all, is with this launch, I think it's going to be a liquidity suck.
00:39:17 [Speaker 1]
But I think there'll be opportunity.
00:39:19 [Speaker 1]
So if you are in the trenches, listen up.
00:39:23 [Speaker 1]
With this big, token event happening, We know that there's gonna be copycats.
00:39:32 [Speaker 1]
There's gonna be a lot of activity on the platform.

00:39:35 [Speaker 1]
They're probably gonna be pumping their own tonk token on their own platform as well.
00:39:39 [Speaker 1]
And there's gonna be derivatives.
00:39:41 [Speaker 1]
There's gonna be a lot of people talking.
00:39:42 [Speaker 1]
There's gonna be so much activity.
00:39:45 [Speaker 1]
And activity, chaos is is an opportunity to make money.

00:39:50 [Speaker 1]
So if you have a risk appetite, and this is obviously not financial advice, But you are open to a little bit of risk.
00:40:01 [Speaker 1]
I think that looking at Bay of Plays, in the pump fund ecosystem and potentially on competing platforms such as, Bonk, etcetera, could yield some, some crazy ROI.
00:40:15 [Speaker 1]
So that's what I'm gonna be looking at.
00:40:17 [Speaker 1]
If anything looks interesting, I'm going to be documenting it on our Discord.
00:40:21 [Speaker 1]
So don't forget to sign up to that too.

00:40:25 [Speaker 3]
Wait.
00:40:25 [Speaker 3]
With that Wait.
00:40:27 [Speaker 3]
I oh, one one important point that I forgot to mention here.
00:40:31 [Speaker 3]
Go on.
00:40:32 [Speaker 3]
One important one important one important one I forgot to mention is that the worst part of this token sale is that there is no public lock on linear release schedule, which means it is added that got in on the presale or even lower.

00:40:45 [Speaker 3]
They can literally sell on launch and literally just dump on the market.
00:40:49 [Speaker 3]
So why would you or why would you rush to go buy this action?
00:40:53 [Speaker 3]
Like, you know what I mean?
00:40:55 [Speaker 3]
Like, if you're trying to participate in this token, so you said you don't know what you're doing.
00:40:59 [Speaker 3]
You said you don't.

00:41:00 [Speaker 3]
So that's my opinion in it.
00:41:02 [Speaker 3]
So yeah.

00:41:02 [Speaker 2]
You just believe the hype, man.
00:41:03 [Speaker 2]
Memes are here forever, man.
00:41:05 [Speaker 2]
My lord Morad said memes are the new community, man.
00:41:07 [Speaker 2]
Memes soon

00:41:08 [Speaker 3]
as these

00:41:08 [Speaker 2]
are the thing.

00:41:09 [Speaker 3]
Meme's super cycle.
00:41:10 [Speaker 3]
If you believe in that, you could definitely.
00:41:12 [Speaker 3]
You think it's the next science here, the next.
00:41:14 [Speaker 3]
Your family thinks the next.

00:41:17 [Speaker 1]
Yeah.
00:41:17 [Speaker 1]
Yeah.
00:41:18 [Speaker 1]
Yeah.
00:41:19 [Speaker 1]
It's interesting because when when I was looking at the announcement, right, there was, something that kinda surprised me.
00:41:27 [Speaker 1]
Obviously, I saw the allocation, all of that.

00:41:29 [Speaker 1]
I was like, okay.
00:41:30 [Speaker 1]
Whatever.
00:41:31 [Speaker 1]
But when they were describing the vision, the vision wasn't just, oh, we're gonna be, you know, an exchange or we're gonna be a casino or whatever.
00:41:39 [Speaker 1]
They were talking about trying to dominate social media.
00:41:43 [Speaker 1]
So I think they're really doubling down on the live streaming thing, and I think they'll move more to social and try and tokenize social things and social events.

00:41:52 [Speaker 1]
So live streaming may be at the beginning.
00:41:54 [Speaker 1]
They may move into videos such as YouTube, may have a shorts platform.
00:41:58 [Speaker 1]
Who knows?
00:41:58 [Speaker 1]
But if, if you're on these platforms and you make money from it, then it's something that could be, you know, a huge consumer.
00:42:06 [Speaker 1]
Obviously, it's big already, but even bigger than what we currently view as.

00:42:12 [Speaker 1]
I'm also on Alon's, x right now.
00:42:17 [Speaker 1]
And someone wrote the first crypto wedding live on pumped up funds.
00:42:21 [Speaker 1]
I want to stream their wedding.
00:42:23 [Speaker 1]
So I think you're gonna get a lot of these interesting niche, and maybe even bigger than niche, scenarios whereby people are are doing things and people are investing and and spending money.
00:42:36 [Speaker 1]
And, yeah, it could be very, very interesting.

00:42:40 [Speaker 1]
But maybe we should do the first podcast on pumped up fun.
00:42:45 [Speaker 1]
If you heard

00:42:46 [Speaker 3]
it here Maybe.
00:42:49 [Speaker 3]
I just wanna say, no one is interested in seeing your wedding.
00:42:54 [Speaker 3]
Okay.
00:42:54 [Speaker 3]
They let me be interested.
00:42:55 [Speaker 3]
No one wants to see some crusty wedding.

00:42:58 [Speaker 3]
Wanna see someone that is actually interesting.

00:43:01 [Speaker 2]
But what you think Jeff Bezos did a live stream as well last week.
00:43:03 [Speaker 2]
Yeah?

00:43:04 [Speaker 3]
He did.
00:43:05 [Speaker 3]
They doesn't need anything.

00:43:07 [Speaker 1]
True.
00:43:08 [Speaker 1]
That's true.
00:43:09 [Speaker 1]
But with that being said, we'll see you guys in the next one.

00:43:11 [Speaker 3]
Peace.