Memecoins are BACK!

Space Summary

The Twitter Space Memecoins are BACK! hosted by Z_Humphries. Delve into the world of memecoins with @cryptoBCLUBB as they discuss the resurgence of these quirky digital assets. From trading strategies to entrepreneurial insights, this space provides valuable information for both seasoned investors and newcomers in the crypto space. Learn about the impact of influencers on memecoin trends and the importance of market analysis. Discover the latest trends and indicators that can guide your memecoin investments. Join the conversation, gain valuable insights, and stay ahead in the ever-evolving crypto market.

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Space Statistics

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Questions

Q: What is the importance of trading indicators in memecoin investments?
A: Trading indicators help investors analyze market trends and make informed decisions when trading memecoins.

Q: How does a large following on platforms like YouTube impact memecoin trends?
A: Influencers with significant followers can affect the popularity and value of memecoins through their recommendations and discussions.

Q: What are some key entrepreneurial insights shared during the space?
A: The space delves into entrepreneurial strategies, highlighting the importance of community engagement and market analysis for successful crypto ventures.

Q: Why are memecoins gaining traction again in the crypto market?
A: The discussion explores the reasons behind the resurgence of memecoins, including market dynamics, investor sentiment, and new developments in the space.

Highlights

Time: 00:15:42
Memecoin Resurgence in Crypto Exploring the renewed interest in memecoins and their impact on the market.

Time: 00:25:55
Trading Strategies and Insights Insights into effective trading strategies and indicators for memecoin investments.

Time: 00:35:20
Entrepreneurial Tips for Crypto Ventures Discussing entrepreneurial strategies and tips for navigating the crypto market successfully.

Key Takeaways

• Memecoins are making a comeback in the crypto space.
• Trading strategies and indicators play a crucial role in memecoin investments.
• Engaging with a large following on platforms like YouTube can influence memecoin trends.
• The discussion covers entrepreneurial insights and trading tips in the crypto market.

Behind the Mic

Introduction

All right, good morning, everybody. Welcome into another episode. It is Tuesday, October 8, and we are rocking and rolling here this morning. Appreciate everybody for coming in. We are live on YouTube, live on Xdev. So appreciate everybody listening in over there. Just started up the live stream over there and wanted to get into meme coins today and just kind of a deeper dive. Some of the things we look for, you know, strategy, you know, obviously we're looking at things like liquidity, strong community, growing holder bases. Maybe take a look at, you know, some of the undervalued meme coins because this sector just, I think, in my opinion, just continues to outperform expectations for so many people.

Meme Coin Sentiments

And I don't think there are too many people now who have that, you know, that sentiment that a lot of people had back in 2021, right? Like that feeling or that, you know, we heard it a lot, saw it a lot. I'm too good for meme coins, right? Like, no, like all of a sudden now in 2024, those same people are investing in meme coins, maybe even full on degens. And it's kind of funny to watch it flip, right? And I make this analogy all the time, or this, I guess it's just a statement. Back in 2021, we had two meme coins in the top 100. We had Dogecoin and Shiba Inu. Now, you take a look, we've got ten, right? I mean, it's wild considering what happened. And it all really started to rip when Pepe launched back in 2023.

The Market Shift

I think it was April of 2023. And since that timeframe, I mean, that is where the retail money has been flowing. And we've had these crazy surges on all these different blockchains. Obviously, the Ethereum blockchain had. Shiba Inu had a bunch of other meme coins that pumped like crazy back in 2021, if you remember Saitama, Shibnobi. These all went to a billion dollar market, captain. But now it's a whole different environment. I mean, now you've got Solana and its ecosystem. Solana alone, just. Solana has three meme coins in the top 60. Think about that. Solana has three meme coins in the top 60.

New Meme Coins Surge

Dog with Hat rank 37, bonk at 53, Popcat at 59. That's the most recent surge. Then you've got, obviously, other ecosystems with sui heating up. You've got sui meme coins going crazy. You've got Tron meme coins making a run. I mean, it's becoming a thing where if you are a serious layer one, it's actually hilarious. If you want to be taken serious, you better have meme coins. I mean, it's kind of crazy, right? It sounds paradoxical, but it's a thing, and it's definitely not going away. And I think it's going to be one of the best ways, especially for retail investors, you know, like us, who aren't necessarily, you know, whales in this game.

Investment Strategy

I mean, obviously, we're all, you know, trying to make a living, and a lot of us are working jobs. And, I mean, and I want to preface this. I mean, I buy a little bit of bitcoin every day, and I think when it comes to the meme coin market, you can definitely over leverage yourself. Right. And I want to talk about all of this with you guys and just strategy, portfolio, construction, things. You look for different meme coins you like right now, but it's finding that balance, right? And I call, you know, investing in bitcoin every day. The backbone of my portfolio, along with some of the top 100 plays, you know, Caspa is the top five holding a mind.

Portfolio Insights

Sui is now a top five holding of mine. Right? So, I mean, these are all. And this is making up 70, 75% of my portfolio. And I put a deep dive video out last night. If you guys hadn't seen it. I think I put it out last night at, like, 11:00 p.m. so a lot of my avid listeners on YouTube may have not seen it yet, but I took some time to really go into and give a deep dive into my portfolio. And it's not every single thing, but give you a good idea of kind of where my head's at. If you haven't watched that video, it's on my channel. It's on x too. Definitely check it out. But there's got to be a strategy around how you go about this.

Quality of Meme Coins

And every meme coin then is not created equal. Right? Something that launched yesterday is not Shiba inu. It's not dogecoin, it's not Pepe. It's not well established in the billions of market cap. So how you invest should be different depending on all of these factors. So I think I've given us some jumping off points, some things to dive into. Paid. Good morning to you, bro. What's happening? Yo, Zach. I'm liking the shirt on the live stream, bro. Not gonna lie to. Not gonna lie. Like, that's a good shit. Yeah. I was like, yeah. Who's he trying to impress? Like, what the fuck's going on here? Let me get one of those. I want one of those when I got my house in Bali.

Casual Banter

So get one in an extra large because I need one. I'm not gonna lie, I don't compliment guys often, especially how they dress. But when I do, you know it's serious. You know it's serious. Listen, guys, if you come on the stage. Listen, if you're coming on the stage and you don't share the room, I'm kicking you off the stage. That is good cop, bad cop. I'll be the bad cop. I don't care. I actually like playing the villain role. Share the stage when you get up here and you're good to go help a brother out. We ain't asking for anything else. Unless you want to buy a brother a coffee. But we ain't asking for anything else up here.

Market Conditions

Just share the room, get some fucking people in here and let's go. Don't play. Don't bring that. Don't make me bring the sheriff back out, Zach. Don't make me bring the sheriff. I know him. I can tell him at any moment and he will be back on this stage with the music playing. Real quick, though, on a serious note, Zach, I don't know if you got the message. Zach said he has an appointment, so he'll be in shortly. Yep, yeah, I got that. That's cool. Yeah, we can hold it down for sure. Awesome. Real quick, your video. I was actually a little disappointed, Zach. Cause you didn't mention.

Discussion on Superverse

You didn't mention superverse. Well, like, what the fuck? Superverse, dude, we've been talking about that. There are so many things I couldn't mention. I wanna make another one. When it comes to gaming, you have to mention super because all those gaming projects are in super already. I know, but I looked up and the video was already 17 minutes. And I'm like, you know what? Maybe I'll just do maybe this is perfect for a part two and cryptos that I forgot to mention. So I think I'll do a part two to that video that I did last night. But no, I definitely got some super verse after you talked about.

Additional Insights

I think I got it at like a dollar one or something. So open up the position there. But yeah, there's a ton. I mean, dude, I don't even want to know how many cryptos I actually hold, but I was trying to go over some of the bigger position sizes. Some of the things that just stood out at me as I'm rolling through some of the things I track on, Dex tools and just. Just to give some people some ideas and things to think about. Yeah, but Zach also should remind them, which I think you did, but you should remind them. Guys don't hold that many cryptos if you're just.

General Advice

You really don't need more than five. Yeah, don't be like me on this one. Yeah, don't be like me on this one. It's hard for me to. And then, dude, not to mention I've got 25, like, private investments that I have to track and, like, unlocks. And it's. But I mean, again, we've talked about this before. You can do this if it's your full time gig, right? I mean, if this is all you do. So that's the other thing. You want to build out a portfolio based on how much time you have, how much capital you have, and how much time you're really going to put into this thing, because you could do really well and be a passive investor even in some of the large cap meme coins and check it every other day or whatever.

Active Engagement

But, I mean, if you're in this space every day, like, perfect example. Yesterday, what was talked about on the space, and this is not a meme coin, but it's a. It's market cap wise, kind of feels like, you know, you're getting in early. We talked about ad Astra, that community takeover, and I think when we talked about it was 180k when it first came up. Sorry, I was getting a call. Did you guys catch that? Yeah, we got. We had the awkward silence. It's on the recorded space sack. Don't worry. Yeah, but it's up at a 438k market cap, so shout out to them.

Market Analysis

They're looking great this morning. And who knows? I think there could be even more upside, but their volume is picked up, which is good to see. We talked about MAGA yesterday. I really think these political meme coins are going to have a season again, and I think it's happening. I saw that another crypto that I talked about when it was, like, a $3 million market cap, another Trump coin called Super Trump. I talked about it way back in the day in March when it launched, when it was at, like, a $3 million market cap, when the market was ripping. Remember, March was a good month.

Recent Developments

Now it's back to 16.5 mil. I had a little moon bag that I kept in my Ethereum wallet, and I looked at it this morning. I'm like, oh, super Trump, hello, how are you? You know, and there's a ton of other meme coins out there that I think are gearing up. Donald Trump, which was probably one of my best trades this year so far. That's back to a $38 million market cap. So they're starting to curl up. If you look at these charts, they bottomed out, and they're starting to curl up a little bit. These political meme coins. Sundog on Tron, which is one I like.

Market Observations

That's looking interesting. Last two, three days. It wants to go, it looks like. So, yeah, very interesting. Very, very good stuff happening. Did you get another call? Like, what's going on here? Oh, fuck. That's actually hilarious, guys, hold on. Let me. Let me try calling him again real quick. Hold on, guys. Hey, Zach. It's the funniest man alive paid. Hello? Oh, still ringing. All right, hold on, guys. Hold on. He must have got a call or something. Guys, you know, this is why you have a copilot at all times.

Keeping the Momentum

Keep the show going. we got Larry up here. We got Mar up here. Mar. What's up, Mar? I want to say hi to Mar real quick before we get to Larry, only because, Mar, what the fuck is going on with every play that you have ever got some crazy news about something. So what's the crazy shit you got today? Give me, bro. First of all, good morning to everyone. I think Zach is back. Zach, are you good? We got mar up here speaking about his. His plays. So you good? Yeah, I'm back. Sorry, I was. That was my Uber eats driver dropping off my coffee.

Casual Discussions

Couldn't find my place. I was like, who the hell's calling me from? Dude, how much money? Guys, guys, I want to ask a serious question in the room. Zach, you can't answer this. How much money do you have to overeat? Just a coffee. It's not about money. It's about time. Hey, guys, I'm gonna get. I'm gonna order something from Uber eats. Oh, what are you getting? Oh, I'm getting, like, you know, some chinese food, a little shrimp fried rice, a few egg rolls, you know, whatever. Zach, what are you getting? Let me get a. Let me get a medium coffee, black.

Transitioning the Conversation

What the fuck? Wait, Zach, we're going to marvel quick. He's going to complain about some of his plays, and then we'll go to Larry. No, actually. Actually, I have no complaints, man. I'm, you know, like I told you guys a few weeks ago, my. I have my army set ready for. For the mini bull run. The bull run? The massive bull run. Whatever bull run it is that's coming. I have my army set. I. You know, I do some. Some of the swing trades. You know, I do some swing trades, but right now, I'm.

Market Caution

I got to be careful with this market. I don't. I don't know. I don't like the 62k bitcoin. October is looking weak so far, so. So I'm being careful in any aggressive swing trade that. That I'll be planning of doing. Mark, do you believe. And this is a question for the stage, including Zack, do you believe that the market is going to be, let's say, exciting? More exciting in 25 versus 24? Hell, no. I've said it all along, man. I'm super bearish with the market in 2025 when it comes to how it was in 2021, I think that we're going to have a bull market, but a lot of.

Insights on Market Outlook

Some people might not even feel it because there's. There's a. There are clowns out there that are not even holding a top 20 asset. They're all taking chances. We're like, fucking $5 million market cap, our 200k market cap, which I have. They're good, but you need to have at least a few of those top 20 assets. You know, like, I know Casper is not in the top 20, but you know what I mean? Top 30, top 40. Yeah, I would. I would even say more. Just top 100 in general.

The Quality of Investments

Like, I would aim more on the top 50 side. I would agree with you. But just if you're in the top 100, I think you're going to have, you know, a better backbone, like the Zack's always say, versus strictly a meme coin portfolio. You know, like, if you notice, I put out a deal today, you know, if I had $100,000, you know, some people tell me, oh, man, I don't have that much money. I'm like, well, one of these days, I'll put a $5,000, a hundred thousand dollar portfolio, if you notice, like, you know, I went in on two plays out of the top 30 just because I've been following them for four years, and I know they're safe on my eye, you know?

Long-Term Perspectives

But if, you know, if you study them, you probably won't invest on them that digressively. Because I have history, you know, I've gone through the ups and down with these two projects, so I know where I'm standing, and I feel like my money's safe. But if you notice, the whole portfolio is top 20, top 30, our coins. And what I mean to say, we'll have a bull market. This is my opinion, and I hope I'm wrong. We have a bull market that there's just so much projects out there that some people are not, are going to be disappointed.

Market Timing

They're like, oh my God, my shit didn't pump because you had like coin number 3000, 300,000 and they just didn't build enough. They didn't time because let me tell you, one of the biggest keys is timing the market. It's not just and when I mean timing the market, I don't mean timing market like selling, buying, selling, buying out that like the project timing the market. You know, releasing the news right at the, you know, when the bull run is about to peak or you know, it's just if, you know, you also have to build. But you got to time the market, these teams, and that's very important for these projects.

Predicting Market Behaviors

Look, we all saw our trade how they fucking time the perfect right by, I think it was December or January of, you know, this year they started, you know, releasing big news. They started up, they started you know, exchanges, getting listed on exchanges. I mean it was just a perfect storm and that shit did a 100 x, you know, that's what projects have to do whenever they feel like, you know, the market is, it's heating up big time is they got a time it. And if you got all these high risk, high reward projects and you don't even have a few ethereum IVAx Solana in your portfolio for insurance to at least get your money back, when these things do a five, six, three x, whatever it is, you're gonna be very disappointed because it's not gonna be like 2021.

Survival and Resilience

That freaking every coin, anything you throw at will at least make you some money. There's going to be a lot of projects left out, you know, and hopefully some of you people are holding at least a few blue chips, you know, for our column, my insurance coins, which they're going to make you money, you know, but yeah, other than that, I'm like long term. The last one that I put on my portfolio long term is the blacklist project. We call it that one. We are, you know, I'm holding out the man docs, they've been and these are high risk projects, man, when I tell you.

Project Viability

But I love when I find something that they're building and that shits like 80 x down. Look, our tree was a down from all time high, you know, and it actually a little less than that. I think like 95 x down and it went back up 100 x. But you know, when our trade started, it was a $0.03, you know, but with 200 million. With 200 million coins circulating. Then it did a 100 x with 1.6 billion coins circulating. So the market cap was way more huge. I don't know if some of the people wonder stand up.

Considerations for Investments

But, yeah, I like finding projects, I've always said here, that have survived the bear market. I don't give a shit about the chart as long as they're building, you know? In fact, yeah, I do give a shit about. Sure, I wanted to be down so I could get the best price because they're building. But for these, you got to have a strong stomach, which, by the way, I did tweet it. Something does amazing for your stomach. On my ex, you know, I was gonna crazy tweet. I do some crazy.

Outlook for the Future

Because you need a stomach. You guys are underestimated. You need a stomach for the bull run. You need a stomach more for the bull run than the bear market. You know that, right? Because, man, once you hit that pool, take profit. This and that, you won't be able to sleep during a bear market. Whatever. It's all fucking going down. Let me go to sleep 10 hours. You know, it's bear market. All we do is sleep, you know, but with a bull market, we don't sleep. And. And, yeah, man, your health.

Focus and Perspective

But, yeah, I mean, I'll end the playing with this. I love finding projects that have survived the bear market and not the bear market. Too late. 2022. No, these motherfuckers have been out since, like, 2021. Since thanksgiving. 2021. You know, not late. 22. They have survived the true FTX collapse. Everything. They're still there grinding building. Because it's gonna pay off. If they're building, it's gotta pay off. The risk is lower than a project, maybe. And they came out this year, and you don't know what the hell is.

Final Thoughts

Are they gonna survive a bear market or any bad news coming up? You know, that comes up, but, yeah, but lately I haven't had anything. No swing trades, nothing. Nothing big. I'm waiting to save. Casbah goes down to will buy more. Yo, great stuff as always. Guys, reminder, if you're not sharing the room and you're on the stage, you're probably gonna get kicked off the stage. Don't let that happen to you. Don't make me be that guy. Don't make me be a bad guy. I'm a happy, funny guy.

Transitioning to New Topics

All right, we're going to Larry next. I do see something that's kind of funny to me, Zach, I don't know if you see this. This might replace turtleneck. Inu, gas station boner pill. Inu. Do you see this down there? That's kind of, that's. Have they been listening to us, bro? Have they been listening in and they did their own version of the shit we talk about? What? That's kind of funny, Zach. I'm not gonna. Hey, gas station pill, whatever.

Marketing Opportunities

Pill you knew. I'm not saying it's your turn to talk. It's Larry's turn to talk. But Harry. Harry Potter, Sonic. Obama. Obama. Yo, get gas station, you know, maybe DM Zach and get some type of deal going with the show because that might actually, if it gets the right promotion behind it, that might actually run as. That's pretty memeable. I'm not gonna lie. That's pretty me. I would. I would dm Zach right now. But listen, we need a deal. That's what I was saying. Larry, what's up, buddy?

Market Sentiments

How you doing? How you feeling? About 24 with the market? Because again, like you just heard Mar saying Mar has to take pills for his stomach now because he's not ready for. I had a few anxiety attacks today, man. Myself, I had to have some antacids because of, some things. so here's some big alpha. A lot of you are in big time. Shit. I can't hear Larry. He's talking about big time. Damn. I can't hear him. He has no, this is very alpha for big time.

Financial Awareness

I'm not even joking, Zach. It's real. Yeah, big time. Tell me. Take a lap real quick. Just come right back. All right. He can't hear you. Yeah, that's actually mad funny because he's like, yo, I got big Alpha for big time. It's actually. I can't hear him. Yeah, bro, I need to hear that. This is about this dude about to triple down on his position immediately. Oh, Zack's in the room. Zach from subway. What's up? We'll go to Zach and then go to Larry. Zach, how are you, brother?

Checking In

How you feeling, brother? Yeah, you? What the fuck? I'm feeling fucking phenomenal. I'm cheating everything and putting everything. That is what the market sucks because of jeeps, like. You. Guys hear me? Yeah, hold on, Larry, 1 second, because Zach's going. Can you hear Zach from subway now? Yeah, I can hear you. Okay, cool. Yeah, I can hear you, Larry, now real quick, Larry.

Market Advisories

Larry, hold on. Real quick, guys, as a friendly reminder, so people don't dm us or Zach, especially Zach Humphries. Everything's going to zero. So no one can yell at us later, be like, oh, you said we're going up. No, no. Everything's going to zero. Thank you, Larry. What's up? Yeah, so big time. It's a good time to short big time or get your initials out because their locked liquidity is unlocking this coming week. No one knows that, but I know that. So I'm telling you that 500 million is getting unlocked and it's going to be.

Market Predictions

I'm not giving anyone financial advice, but I think you can put the pieces together and that your bags will be slightly deflated by the next morning. So look for that. It's a good time to short it, though. I'm not giving anyone financial advice. The second thing is you should probably buy some more XRP soon if you have any extra laying around to buy some XRP. I'm not going to tell you exactly why or what reasons, but I had a lot of meetings today, so you should buy some XRP.

Current Events

And the third thing, what was, oh, yeah, I've had a lot of antacids and anxiety based on some of the rate cut news and also some of the regulatory stuff that's happening. So, you know, they have a new enforcement officer at the SEC, Sanjay, and been busy already. Quite a few different ecosystems, you'll see, that are going to have some external pressure applied to them. Like Marin, like Zach and paid said, it seems like this run, it is a bull run for sure, but you're going to have to work for your work, for your bags.

Preparing for Challenges

You really are going to have to work based on not even supporting the projects, but really just keeping an eye on them. Like this is the complete opposite of 2021 where someone could say something, give you a tip, and you're in there and you're making a run, you're making a swing for the moon. But this time it's not like that. You're going to have to watch and say, okay, am I going to have to jump out and DCA back in to secure my position? Am I going to have to, you know, like for a big time short it?

Analyzing Opportunities

So that's why I was on a frantic dm to Zach earlier today. Was like, big time's going to dump because of the locked liquidity is being unlocked this coming week. And that's going to be massive because it's 500 million that was locked. They're at, they had already went down half. But when this locked liquidity, because it's more than the chart itself right now, was like 300 million, and it's unlocking 500 million of the lock liquidity, it's going to be a shit show, bro. So that.

Contributions and Appreciation

And I just wanted to thank Zach again for allowing us to have ad Astra and in a shout it out and all the good people in here that supported it. You know, we have some more starlinks, we have fuel and boots and stuff and lots of other things that are being prepared to be sent out. We already have people on the ground that are going to be doing it independently, and then we're going to have like Red Cross and UNICEF, a few other charities that we're going to swing some big bucks to.

Community Engagement

So thanks to you guys, it's totally capable and it's all based on the community, you know, CTO. So. But, Zach, I wanted to give you that and everyone else in here that, you know, I mean, I'm a fan of the game, you know, so. But you. This is some crazy shit, man. So I didn't know if you knew that or not already. No, man, that's. That's great stuff. I actually. I got a little bit out when I went to.

Economic Considerations

I don't know when. I think it went all the way up to like 7 million. Yeah, yeah. I think it was 500 mil. Yeah, but you're gonna have. That was kind of like that round number, you know what I mean? It's more like a psychological thing. And I'm like, take a lot of. It out now because it's. It's gonna take a big. Well, I mean, listen, guys, this is how quick shit changes, right? It's telling you.

Final Remarks

Yeah. And I'll get back. People have forgotten. I'll get back in. I'll wait for that. That the dust to sell. Yeah. Well, I'll tell you that. You may want to take your time into getting back into it. There's some reasons why on the versions of the gameplay model and some of the play to earn. Well, I'm not going to say anything. I'll just say this there. You can DCA later maybe.

Market Analysis and Predictions

I mean, what are you thinking? I'm not giving anyone any financial advice again, but like $75.80.05 is going to happen soon. Okay. Like I said, I've been in some, been getting fished pretty good and I would just tell, I can't talk about it. But the indicators would be that it's going to be a pretty solid, I mean you just have to look at how much of the policy infrastructure they're into and there's going to be a couple more governments that are going to integrate based on the US lead. And the reason for that again is against, to have a counterpoint against tether because, you know, not everyone likes USDC. They like the flexibility of USDT. So now that there is another player on the market that has enough infrastructure to print out and has enough of the policy kept tidy.

Strategic Outlook on XRP

So XRP is. Yeah. I would tell you that there's going to be some wherewithal for you to, based on. I'm not going to anymore. I would just tell you that they're going to sign to, let me stop. They're going to sign some big deals. I got to be careful, right? So they're gonna sign some big deals and some policy and CID questions were asked of me for the last two days and I put, I can put the pieces together and you know, Zach, I've been right like oh, 20 times on your show. I'm listening especially on stables and xrps or I mean the stables or on ETF's. So I will tell you that it's gonna be, if you can buy a few funds, a few dollars worth of XRP, you should like, even if you're just like scraping the ends of your bag to do it, it's not going to be immediate, but it's going to be, they're going to be the number three big player as far as infrastructure, token and chain.

Investment Strategies Moving Forward

And you'll see that. And also their investment portfolio is going to get diversified. Like I was telling you about Sony and Samsung coming together with a contract list, smart contract listen, chain that they're developing. Well, some of the backing and the stable, like you would think they would go to a USDC just based on policy side. But if you remember, Japan said that they are going to do their own stable that they're going to pay debt in and loan on, and that probably has something to do with the letter x. So I will just tell you that those are all coming together. I'm going to Shanghai blockchain forum this Saturday. It's a whole week. Vitalik will be there on the end, but I'll be in Lisbon for a fest. But I'm going to meetings for a reason. So I will tell you that it's heating up. This like, little stuff like, you know, one to two or 3% on the dump, on your charts, across your bag, that's, you know, that's some stuff.

Navigating Market Volatility

But I mean, really, you can't get shook by this. You're just going to have some tums and some Pepto Bismol and sit through the roller coaster and just make it happen. Like, you know, I think Mar has bigger nuts than I do for the type of plays that he does. You know, some of the ones, his eight or nine high risks. But I would tell you almost everything is a high risk now. You know, I think that's what's different about this time is like, you know, it would before in a protocol or in a project, your fellow holder might use you as exit liquidity, but now projects are using you as exit liquidity. And what I mean by that, you can tell by the means. Like on Sui, you have one meme that's 80% of the total volume. It's kind of different than how Solana started up.

Potential of Meme Coins

And like Zach said, it's going to be definitely going to be the Solana this time, but it's going to be that meme that's going to give the liquidity down. So you're going to see huge projects with good teams behind them, and then those profits are going to be the DCA or the initial entries for all the other memes or other protocols that are coming. And that's kind of my little assessment for you right now. But if you're holding big time, just know that if you don't, you know, do what's natural, you're about to get wrecked. So. Love it, man. I will tell you guys this. When, when Larry says some things. Listen, he definitely has a pulse on the market that none of us in this room have, so, Larry, we appreciate you so much for coming in and sharing that information.

Market Dynamics After Major Updates

I might be taking a few more long positions on XRP, so. Appreciate that, brother. Definitely. Did we hear from Zach from subway yet? What's up, bro? What's going on? I just listened to all this stuff. Yeah, shorting the market. Larry is correct on that one. yeah, it's a. It's a crazy game. Like I said, 2025 is gonna be completely different than 2021. I'm cheating. I'm a jeepster. That's what I do. You gotta make money. You don't have money until you sell things. And I go back into the high conviction stuff, the biggest stuff, bitcoin, ethereum stuff with ETF's are going to survive. Some other things may not survive.

Active Participation Required in Trading

Just, you know, you can't sleep on some of this stuff 100%. You have to, you have to trade. You got to be an active trader. There's no setting it, forgetting it, and come back in a week. No, everything can change on a dime. So this market's kind of crazy right now. The CTo thing is insane. the. The nero's fighting over each other is, you know, crazy. I I think we're going to see that again. I'm still waiting for the next one. yeah, Mars laughing at me, but, yeah, I mean, go look at the other one. That's like 700 million market cap. Like, who would have knew, you know? I mean, it's just a new thing going on, you know? two neros, you know, who wins.

Caution in Speculation and Investment

So it's. It's a 50 gamble right now. Now your chances are even slimmer to hit the jackpot, you know, and, you know, you got ten of them launching the same thing, so it's kind of crazy. This game is crazy. But take profits. I don't care what anyone says, you got to take profits. The market doesn't stay up forever. Don't be a paid sell, sell. Make money. Things move, and you shorten everything right now. Or what? I mean, like, when you say, I'm shorting the market, like, yeah, I'm shorting. I'm shorting the big stuff, bitcoin, etherium, stuff like that.

Trading Insights and Strategies

The other. The little stuff, I'm not really. I'm just swing trading it. That stuff moves crazy. But, yeah, I'm shorting some stuff. The big stuff. So, yeah, that's what. That's where I'm at now. I know I'm the crazy one. I'll tell you. The g don't care. I want you all to make money. The only way you make money is to actually sell things. Don't short ad Astra, though, because ad Astra is actually helping people right now. I agree. We should get an airdrop for that one. It would be good because, again, provisions and infrastructure are being applied.

Crypto's Evolving Landscape

Did we have people in Texas, Florida that are affected? I'm not showing them for that. I'm just saying that it's really helping right now. And the CTO is like, you know, really driving that progression. And srt three, the group with, that's, you know, kind of coordinating the ground effort there. It's real. It's not LARP. You know, we have lots of projects that say they'll do, but I'm not, and I'm not showing. Sorry, Zach. I didn't mean to interrupt you even, but don't short that. No, it's all good. I see we got gas station, boner pill, emu looking to come up. Listen, if you guys come up, you got to share the space before we accept your invite. I love to hear from that because I wonder what kind of YouTube.

Family Trip to Florida

Yeah, I think it was 2023 or 2022, I can't remember. But I was down in Florida because I usually go down there in the winters and stuff and so yeah, we, my whole family came down. I think it was like it was either Thanksgiving or even Easter is one of those. And I got like a little tiki boat, you know, for all of us to go out. You know, they take you out on a tiki boat, they take you out in the gulf and I take you out on the ocean for, you know, split second, a couple hours, whatever. And the guy had, you know, it was his business. He did it full time. Him and his wife both bought a tiki boat and. Which is awesome by the way. And they were just kind of chilling. They had just bought their house and same thing. Crypto conversation came up. He asked me what I did or something. I remember the dude's name, Justin. I still got his number.

The Tiki Boat and Crypto Conversation

He detected me actually not too long ago. And aetherium was way down. I forget where it was because I think that's when it broke. When did it break? Like a thousand. When it went to like 800. Remember that? When it went down to like 800 or whatever. I can't remember what year that was but that's where were. And I don't know, the tiki boat was like $200 or something to rent. And he was telling me horror stories and of crypto and stuff. And I just told him, man, keep going. And I gave him. I got his, I got his wallet is coinbase wallet address. I sent him $500 of ETH and yeah, it was freaking awesome, man. Cuz he text me recently, he's like, man, he's like, I just checked that. He's like, it's way up. Yeah, it's similar story. But it's good, man. It's, it's a good, it's a good thing, man, when you can do that.

Market Trends and Volatility

Yeah, no, ethereum. Ethereum went under on like around June 2000. Worse than doing the. Doing the FTX, there was, I think it was June 2022 around there the summer when it went really like. Like $800, something like that. You know, on the exchanges, you will see that. But, then it recovered and then back down again. Doing the FTX, but not as bad as the. In the summer. Yeah, for sure. For sure. Let's get to. Let's get it. Summers. Did you have anything else, bro? No, I know he's. Oh, yeah. The next you do, use doordash. Text me. Let me know when you send your order so I can get that tip. Let's go, dude. Let's go. Let's go. It's funny. I met it summers, in my hometown, right? Crazy story, actually, before we keep going.

Unexpected Encounters

So I was sitting at a mexican restaurant in my hometown, and it's summers. Dude walks in with a shiba inu shirt on, and he goes, Zach. I said, yeah, bro, what's up? He's like, holy shit. I watch you on YouTube. You're from here? I'm like, yeah, man, this is my hometown. I live, like, right around the corner. He's like, no shit. And, yeah, it was. It was kind of a wild thing. Here he is in the space. So pretty epic. Ambidextrous. What's up, bro? Nothing. I just came up after you mentioned that crypto.com stuff and the lawsuit. Just wanted to talk about that a little bit. I know it changed direction right after you said that, but that's why it came up. It's just a little interesting. I've been in crypto.com since the beginning, you know, way before they had the crypto.com center, all that stuff.

Evolving Perspectives on Crypto.com

So I watched them evolve even before the defi wallet and all that stuff and everything they're doing with finance on the defi wallet, and I've been invested in that. But I did get out because of potential regulations. So I did empty my bag of crypto.com, and rightfully so, it was a good move on my end. But it's. I really respect what they're doing, to be honest with you. After the notice that they got, which was just kind of speculate, it was like they received a notice that the SEC was considering enforcement upon them. They didn't even take any enforcement at that point, but their response to that is to file a lawsuit. And I think it's a good move, too, because primarily it's just alleging that they're categorizing all other cryptocurrencies besides BTC. And Ethan securities, which is just like.

Concerns Over Regulations

It's a little, like, it's kind of weird, right? Like they're just picking and choosing who they want to come after at this point. XRP is a very good example. Crypto.com has a really good response for that kind of situation. You know, cryptocom, crypto.com kind of claims that the SEC's actions are arbitrary, capricious, violate federal laws. And I'm reading this right now, by the way, too, and it's absolutely right. So I did some research after you mentioned that, and. And they really are kind of sporadic and do what they want. That's not how this is supposed to work. There's supposed to be, like, good regulation for everybody, but you can't pick and choose. You want to come after. That's part of the problem.

Taxpayer Impact and Wasteful Spending

Yeah, they're violating federal law. Like, they're literally violating laws. Yeah, that's bullshit. The thing that's crazy. The thing that's crazy about all of this is every time they do this, they're burning tax dollars. Burning, not using. They're burning us taxpayers money every time they do it. And they keep losing. So they burn the money and then they're like, oh, we'll get, like, we'll get this on the back end, but it takes like, two, three years, and then they end up losing, and it is. Burnt our money up. Like, I don't care what side of the aisle you're on. You should be. You should be, in my opinion, against federal spending, especially at this level.

Government Spending and Social Issues

Like, this is ridiculous. But paid, they don't care because they just print it. They can just print more. It's awful. It's off. This is the one thing about government that fires me up is the wasteful spending. It's awful. Dude, we got millions of homeless vets. We got fucking, you know, child hunger rampant. We got a border crisis in the south, you know, and then we're like, okay, the sec, it's like, what do you mean, sec? No, no, absolutely. Yo, put me in government. This shit, I'll probably get assassinated day one, but put me in government. This is gonna end immediately.

Critique of Current Government Dynamics

I'm like, yo, everyone's fired. Everyone. You're all fine. I don't care. I don't even care if you're just a fucking desktop. You're fired. Well, we gotta start like Trump, bro. That's why you won't get elected like Trump, dude. I think if people were flip floppy on crypto.com, they were like, either way, about crypto.com, whether you like them or not, right now, they're providing a service for everybody. To be honest with you. They're gonna. What they're doing right now, and with their response, the SEC, by attacking them before they could attack them because they know they're under investigation, is gonna prevent further overreach by the SEC.

Future Implications for Crypto.com

They're gonna be buried under fucking lawsuit after lawsuit. They're gonna be. They're gonna find themselves with the common denominator about how they're overreaching, and they're gonna get sued. The first time that they have to come out of pocket. The shit stops. So crypto.com is the first one to do it. They're the first ones to save us all from a lot of overreach from the SEC. See, man, fuck it. You know what I'm saying? Fuck it. I'm selling my best. My best friend's my lawyer, so I don't care. I'll sue. I'll be. Yo, let's go. Take one sec. He'll be down. I'm gonna. Zach, right now.

Bringing in Experts

Zach, bring Oscar open here. Was Oscar at. Now? Let's definitely get him up here he is. He is. The Kronos man himself. Need someone to draw. Let's definitely get him in. Need someone to drop. Yeah, we need somebody to drop down. guys, if you didn't. You're dropping. A lot of them did paid out today. My bad. Dudes, they look at you. That's it. I'm trying to get crypto wolf in here too. Let's go to. You want to. Who could we drop? Who spoke that we can drop down? We'll bring you back up. Drop me down. Yeah, it's summers.

Asking Questions and Sharing Insights

He says I work anyway. Drop me down to. Drop me down. Who's that? Matt. Matt, Matt. We'll bring. We'll bring you back. We'll bring you back up. Thank you. Appreciate it. We should drop more until he gets a pop filter. Just kidding. I'm gonna request. I'm gonna invite Oscar to speak here too. Let's see here. But we got crypto world in the house. Crypto world. What's going on, bro? We're talking. We're talking all things meme. Coins. All coins. Everything, bro. What's.

Market Updates and Predictions

What's your pulse on the market right now? Hey, what is going on, guys? Was that for me, Zach? Because I couldn't hear the first part every day. Like, if you are guiding. I didn't. My bad. I'll let you finish, bro. I'll let you finish and then we'll go right to Oscar, man. Oscar, you are also such an example for me. I want to first give flowers again to Zach because actually I made my first video on YouTube last week and you are my biggest motivation out of everybody in this space.

Motivations and Market Feelings

And I told you this before I came on your page two months ago and I told you I'm about to do it. I broke through the resistance level and I started to do it, man. And oh, man, I feel so relieved. But no, you are my biggest example, man. I remember those trenches with Saitama and this time, like last cycle, man, I am opening my eyes and I need to tell you. So if you want to know how I feel about the market, it's about what we are going to make from it. And I think I see a lot of projects here in this space, man, that are here every day.

Optimism in the Crypto Space

And I think, man, you are creating the cycle together. So bullish, man. I'm bullish as fucked. It's just a matter of time before we are going to go to see all financial wealth coming your way. But don't get shaken out. We just getting started. And thank you, Zach. I just wanted to tell you, man, I'm so happy. So you actually do very much things. You give a lot of value to the community with being yourself. But seeing you on this journey, that's my motivation. Mandy, it's a lot of joy.

Appreciation and Encouragement

So, no, thank you a lot. That's love, man. Appreciate it. Truly, man. Thank you. And congrats on getting started. Congrats on your journey, too. And just keep grinding, man. I mean, Oscar will tell you it's. There's some days where you don't want to get up and do it, but you just do it, you know? What's that old saying? Like, motivation is fleeing, but dedication is consistent, you know, and then just be dedicated to it. Have fun with it and keep grinding, man.

Community and Collaboration

Can I put my follow back? Can I put my first video in the jumbotron or is it not allowed? Of course, bro. 100%. Yeah, put it up there. Thank you, man. Go show that video some love. Everybody in the room and everybody live on YouTube and x. Go show that video some love. Yeah, 100%, bro. Thank you so much. And no, keep on going, man. I will follow you all the time. And Oscar as well. He's an awesome guy. Yeah, it's definitely the people you should follow if you are new in this space.

Acknowledging Collaborative Efforts

So thank you. Thank you, man. Yeah, Oscar's a great dude. Met him in person. I want to get his thoughts right now on crypto.com. so good morning, brother. What's up? What is going on, bro? Happy to see you. Happy to hear everybody here. Well, guys, there's the new guy in town that's going to be sitting right next to ripple, Coinbase, binance, us and FTX and everybody, not obviously for the FTX reasons, but just because now we are not going to be, we're not going to be just kind of like chilling back and just looking at other different exchanges.

Crypto.com and SEC Notice

Guys, crypto.com, as everybody knows here, most of you guys know, is now in the eye of the beholder, in the radar of the SEC with a wells notice that immediately Chris Marcelek and the entire legal team of Crypto.com, they're replying and they're suing back. Why? Well, because they know that they're getting that wrong side of the securities Exchange Commission as far as the enforcement through intimidation, enforcement through action and punishment. But we are going to be hearing from this so much. There's already a 48-page response and suit, right, that you can go ahead and read.

Deeper Dive into Responses

It's on the crypto.com response. If you go to Chris Marcellic account, official account here on x, he has that one open so you don't build that response in one day. Crypto.com knew that was going to happen. It kept it, of course, private and it waited for that response to be ready to make it public. so it maybe happened last week or, you know, a few days ago. as I know, the sentiment, a little bit of the crow fam, and I know some spaces and some friends community, how they're feeling.

Community Sentiment and Price Movements

A lot of people feel happy that they sold crypto.com because now we're seeing the price go much lower than seven and a half cents since the price was, you know, well above $0.10 for a while. But then it's been coming down with the recent market correction. And as far as I know, the last 24 hours, we're seeing kind of bitcoin handle and lose that buy pressure and sellers are winning. So with this, not only CRO is going down, but also I see a weakening a little bit in the market.

Market Fluctuations

And there's a possibility of bitcoin now going under 62, which is a total kind of like response as to why the SEC continues to misuse taxpayer money, which is one thing that we heard from Ripple, you know, with the appeal to that decision. Ripple Labs, you know, the ripple community, they obviously know the SEC more than anybody now crypto. Come on. The Crow fam, they now are going to be getting to know that much better. But, and this is the last thing to this, guys.

Insights from Leaders

I think, you know, from the side of the Crow fam, we really haven't heard much from Chris Marcelli in terms of being very active on X because he's really not that a person that kind of, like, speaks a lot. But with this, I think it's going to be a great opportunity to hear more from the leadership of Crypto.com because there's a lot of people who use this platform and like 50 million people are going to be hurt and impacted. So crazy.

Final Assessment

Mandy, that's really good stuff. And so my take right now just on kronos and just kind of what's going on and we'll go around the room. I know a lot of people want to jump in here. I think crypto.com is a great company. I just think we forget how long it takes to build these sort of things. It's still very early in crypto.com quote s journey here. They're just now, you know, entering. I think they're a real phase where they're going to do great things.

Looking Ahead

I mean, their blockchain is brand new, basically, right? I mean, they're still very young, and I think a lot of people want it right now. And we see this all the time. Right? It's like when $1, when $1, it's like we should get there right now. It's, crypto.com is a long-term play. I look at it similarly next to like an XRP or something. Obviously, XRP has been pressed down because of the lawsuit since 2020, and that's most likely heading into 2026 now. But it's very similar with Kronos.

Strategies for Investors

You know, it's a long-term play for me. I think that's the way we have to look at it here. And yeah, you know, dipping below $0.08 sucks and it's going to shake a lot of people out. But if you're a long-term believer here, just make it a long-term play. Don't, don't think about it. If you have conviction, you know, and this is an opportunity for you to lower your average cost. Look at it that way, you know, no matter what, crypto.com is going to be fine here.

Historical Context

We've seen this, we've seen this play out many times before, right? They're going to be fine. Don't, don't overanalyze it. Don't panic. Don't freak out and just sell everything, right? That's just, that's my two cents on it paid. Go ahead or Oscar, go ahead if you want to respond to that. Yeah. What I was going to say very quick is just so you know, the kind of quality we're talking about here and why it frustrates me a little bit. But hey, who am I? I'm a nobody, right?

Understanding SEC Dynamics

Like, I, I don't know what in the world Gary Gasick is like. He wants to go from that position with the most damage to the crypto us community. But crypto.com introduced up down options for users. That was in last year, March, guys, that is the first CFTC regulated crypto derivatives product. So the first-ever CFTC regulated crypto service product made by Crypto.com dot. So these guys, we've been begging crypto.com for a us retail exchange. We don't have it.

Navigating Challenges

In fact, last year, or like, I mean, right after FTX collapsed, right, they downsized the institutional us side here. A lot of people were like, what? What's going on? They downsized, they closed that institution. They left the US when it comes to that institution side and that kind of closed the doors to, okay, well, retail is not coming anything soon. And it's been two years now and we're like, oh, here it is.

Conclusions on Crypto Stability

Why, guys, this current, I mean, I have to say it, this administration type of agency feeling that we're seeing is really not helping crypto. We're seeing the consequences, right? So pretty crazy stuff. No doubt paid. And then we'll go down to ambidextrous. And I think bar wanted to jump in here too. Yeah, I was just gonna say one thing. I did get a question right now to my DMs Oscar. Zach might have more information about this.

Clarification on Crypto.com Assets

Does that mean that people who do have assets on crypto.com, they should get it out? Obviously, I always say don't leave anything on exchanges, but that was just asking me in the DM's. So I wanted to get your response on that. And then also, real quick, guys, this is why I tell people to DCA in and out all the time. Because, you know, imagine you did like a fucking, you know, green candle for your own, I guess, portfolio into crow or whatever.

Investment Tips and Strategies

That was fucked yesterday. And now this comes out now your whole portfolio could potentially be fucked. Like, again, DC, I said it yesterday, $5 here, $10 there, $100 or a thousand, whatever your risk tolerance is. But don't fucking just throw your whole holdings or whatever the fuck, like whatever money you have into one project at one time because you don't know what's happening. You don't know what's going to go. Like, no one.

Risk Management in Crypto

I mean, who predicted this? You know how many people last night went to sleep with crow or whatever the fuck, and was like, now we're all, you know, everything's good, and then they wake up to this. I don't know what the markets look like for crow right now, but, you know, some people could be nervous now, you know, and, you know, rightfully so. I'm not agreeing with what the SEC is doing, but some people are nervous right now. So it's just a reminder, not financial advice.

DCA Strategy Reminder

DCA into your place. Do not just throw giant clips into whatever because it usually doesn't work out too well. But yeah, we'll get to Oscar because I did get that DM just now about somebody holding on crypto.com. So if you can clarify that'd be great. Yes, there's many ways to approach this, but here's one that maybe not many of you are expecting. No, no. I've known many exchanges, and the good ones will always have your back money-wise, especially if they have business in the US.

On Crypto.com Stability

Now, the answer that many of you are expecting is yes. Like, you shouldn't have money, or all of your money on exchanges happen in your own wallet, right? Like, that's the right way of doing so. Like paid was saying. But the cool answer is, look, crypto.com, like I mentioned a little bit ago, and I've been invested in this company and project for a long time. They are going to do the right thing. They might take some time.

Future of Crypto.com

They hire thousands more of customer service agents. Chris Marcellic, the guy, the CEO, he's always kind of like very engaged with the community. DM him if you want. But all of the assets that crypto.com offers, they can get delisted, listed, is based on their own specifications and process, right? Unless we have another terra Luna, then, well, obviously that's going to be evident and they might delist it just to protect people.

Crypto.com Products' Security

But because of this, Wells notice, nothing that is being offered by Crypto.com, in my opinion, is going to be affected. The services, the products, it's all going to stay there. You're gonna be fine. I do hold stuff on crypto.com. I also hold them on the defi wallet. The defi wallet is a wallet. It's not an exchange wallet. It's a wallet. So it's your own money. That's where I hold most of my money because I know it's my own personal defi, decentralized wallet that whatever happens with CDC, I still will have my money there.

Understanding Wallets

Right? So that's a little bit more, a little bit advanced, but not. So if you are only doing crypto exchange money. You may don't know that, but yes, it's offer. Crypto.com has it. It's white, you can download it, you can connect it to the blue wallet and boom. But yeah, you should be fine. If you hold bitcoin on crypto.com, comma, you should be fine. If you hold ethereum on crypto.com, you should be fine. If you hold crow on crypto.com, you should be fine.

Crypto.com Transparency

Crypto.com is a company that will tell you immediately. And if we just got a $16 billion approved by the judge. So for FTX repayments, why am I saying that? I'm saying that because if such a bad company like FTX can still do that, such a good company like crypto.com can keep you very safe. But like I said, always for good measure, don't leave so much money on exchanges to your wallet.

Final Thoughts

Yeah, I would agree with that. The only thing I would disagree with the FTX thing is, yes, they got, you know, money's coming back, but look how long it took for the money to get back, you know, like what, two years or more? Like, it's like, yeah, you know, you'll get your money back because it's protected or whatever the fuck. Yeah, but pay, pay, that was different. I mean, they went bankrupt. It was a bank run. They didn't have, they didn't have the money.

Reserves in Question

I mean, crypto.com, correct me if I'm wrong, Oscar. I mean, they've showed their proof of reserves. Remember when all the FTX shit went down, they were one of the first exchanges to show their proof of reserves. One of the, one of the first and one of the only real big ones that did it. And that's how we learned how much shib they had on their balance sheet, which was pretty crazy, right? It was like 13% at one point when I remember looking at it.

Analogies and Comparisons

Yeah, nuts. But yeah, I mean, that's a different situation, I think pay, considering, you know, they've shown the one to one backing. Go ahead, Oscar. Yeah, just one mention. A lot of people get a misconstrued or a confused that, oh, we're spending so much in the arena or sponsorships f one UFC. Given my previous research on hearing the CMO, Steve, and you can do your research on that, too.

Understanding Crypto.com Expenses

Maybe they have changed some of the numbers, but that expenditure is less than 20%. It's like 15%, 10% or so of their total budget. They have money. Money is something that crypto exchanges are not worried about. And they, of course, do spend a lot when it comes to marketing. They were one of the sponsors of the FIFA World cup, just ending, I believe, last year or so, a couple of years ago.

Marketing Strategies

They obviously, they also sponsor one Super bowl, if I'm not mistaken. Obviously, before the FDX. But, they have money. They're not an exchange that I'm worried that it's gonna go bankrupt. People are gonna be stranded. No. And in fact, I mean, they cut some benefits, some rewards on the CDC visa card because they wanted to like, what's the word right here? They're preparing ahead for the billions or the hundreds of millions more users that are coming up to the platform.

Anticipating Growth

That was the reason why they did it. So, yeah, I'm not worried about that. It was a different scenario with FTX. But the only thing I was mentioning is that if such a bad exchange can eventually pay back such a good exchange, we'll have the interest of customers at heart. But like we all know in crypto, don't trust verified and always protect your assets. Put them wherever you know, you have control. Your key is your crypto.

Final Summary

That's it. But just to sum up, guys, this is just barely starting. This is just barely starting. And we'll just keep everybody updated. I just tweeted once, just a couple minutes ago how in 2022 we had a massive kronos FuD because of the issue going on with the Ethereum transaction and FTX. And now later, script.com, you know, what's going to go bankrupt and so forth. So we're still here two years later and we're, you know, people are going to continue to show up.

Community Resilience

So pretty exciting times. Real quick question, Oscar. I'm a big fan of the NFT marketplace on crypto.com. I think the just, it's just built perfect, man. And does this have to do also with, because I know that Opensea got a letter from the SEC. It is the NFT marketplace in h two with crypto calm and you it sec. That's a great question. And if I go to that 48-page and I control f and I see that, then yes.

NFT Marketplace Concerns

If not, then no. That's what look I just posted a video about this, and usually my pro videos weren't getting many views because, you know, people weren't interested or so that's totally fine. But now people are wanting to know more, and that tells me that, okay, it's time. Let's go ahead and do so much due diligence on crow so people know exactly what's going on, right? So I like this, and if that's an issue, I'll keep you updated on that. Awesome, awesome.

Community Engagement

Love that. Guys, we do have a few people who just came to stage. Make sure you're fucking sharing a like and doing all that stuff. We got about a little over a half hour left on the show, unless one of the Zach's descent decide to extend it. But we're going to get the Amber Dextrous. I saw Pedro just got up here. We do have some people who haven't spoke, so I'm definitely going to call on you guys, you know, big red doggy, some other, whoever else the fuck is on the stage right now.

Continuing the Discussion

But let's get ambidextrous. He did have his hand up. Amber Dextrous. You have to floor. Yeah, that was a good question. Paid. I know you asked Oscar that, but he answered it pretty good, you know, and at the end, he covered it with the defi app. I've been in crypto.com long before the Defi app, like I mentioned earlier, and that's your fail safe for their company as well. They can't shut down your wallets.

The Evolution of Crypto.com

I love crypto.com, and I think what they're doing is putting themselves in the trenches and they're actually leveling up a little bit and stepping up their game. Stepping up our game, if you think about it, because XRP has just been attacked now, they were under consideration for investigation and potential litigation, but they took it a step further and just went, hey, you guys are overreaching. We're going to sue you. And that's exactly what they did. So for me, they leveled up. In my eyes, they've just taken another step that's going to save everybody. And that's what I meant earlier. If they win this and the SEC, our government starts to have to come out of pocket for overreaching, which they're doing, which is violating federal laws, they will stop doing this. So they're literally the troops boots on the ground doing God's work for us at this point. You know, crypto.com, the SEC overstepped its regulatory authority long time ago and has been doing it just like I said, like just arbitrary.

Consequences of the SEC's Actions

It's so weird. They violated so many federal laws. So what they're doing is actually pretty epic. This is like huge. And this is what people are going to be talking about for a long time. And when they come out on the right side of this, it's going to save a lot of us a lot of money, too. Perceived legitimacy is one thing, but when you come out of these situations, you have legitimized companies now that can't be touched. So on the other end of this, once it's over, and hopefully it doesn't take six years like XRP at this point, right. It's going to do work for everybody and save us a lot of energy and time and money waste. I mean, on top of what they're doing with that. In addition, crypto.com is petitioning the SEC and the Commodities Future Trading Commission to see the CFTC to clarify which agency has authority over cryptocurrency.

The Uncertainty of Regulation

Nobody even knows. It's like the Wild west. They're just coming after everybody's like, hey, we can get in here. Well, let's just come after people over cryptocurrency and derivative products. The legal battle is seen as a part of a broader tension between crypto firms and regular regulatory bodies in the US. I really think the uncertainty that they're creating right now is going to really bite them in the ass. At the end of the day, crypto.com right now is boots on the ground, and people need to be supporting them more than you think. That's, yeah, I definitely agree with that. I think if the government was smart and effective, which we all know it's not, they would just make their own, you know, how would you say this fucking federal government. Someone give me the word here, like, what's the SEC again? Or the FBI agency? Thank you.

Potential Agency for Cryptocurrency Regulation

I can't even think of it. They would just make their own agency for crypto specifically, like, and then there's no. And then there will be no fucking. None of this bullshit. No SEC controls and no commodity. Now, fuck all that. We have one just for crypto that's gonna, you know, set the foundation and groundwork so we don't. So people don't have questions. So you don't have a XRP situation where they try to do everything the legal way. They got the nod from the SEC, and then they turned around and SEC sued them. Cardano did the same thing. They mentioned Cardano in the SEC lawsuit against XRP, and then they dropped them. I think they also had Solana in there. They had, they had a handful of other ones in there. It's like, guys, fuck that. Let's just create one for just crypto and keep it pushing.

Integration of Cryptocurrency into the Financial System

Have it be a pro crypto person who has a good head on their shoulders and keep it moving. I would disagree with that just a little bit because I think there needs to be more integration and inclusion, you know, because once again, this isn't going to be cryptocurrency eventually. This is going to be currency. It's not going to be blockchain that we're using anymore. There's going to be tools that we're utilizing with technology. So I'd say that there needs to be more inclusion and integration into our current system, and that needs to be upgraded as well. That's the conversation that needs to be had. Creating a new branch of regulation would cause further problems, I can guarantee you that, and give us less. It would separate.

Challenges in Regulatory Structures

Well, I'm not having a branch. It would separate us. I know, I know, but I wasn't done yet. It would separate us. You forgot I can do that. You have a branch that would directly allow us to. That's kind of funny. You forgot I could do this. You have a branch that would directly allow us to fucking focus on this. Like, that's. That's the difference. That would be the difference. It would be something directly for crypto, regardless, blockchain, regardless of if it's as a currency. It would be completely focused just on that. That's the difference. The SEC isn't just crypto, it's everything. And that's the problem. They're focused on too much stuff and they make up shit as they go.

Historical Context and the SEC

And that's why the SEC is flawed right now. Fuck the SEC. They're all over the place. And the problem is since they're so, since they have so much power over the, you know, course of the last how many years, 100 years or whatever it is. Like, they have so much power, they're already ingrained in society. And everyone looks to them as no one actually looks to them, but everyone looks to them as they're all and be all when it comes to this type of stuff. But when it comes to crypto, right? We need something just for crypto. I'm sorry, you need something just for regulation of crypto if you're going to regulate it or keep it the Wild west and nothing regulated.

Regulatory Breakdown and SEC Overreach

I don't really care either way. But right now you've got to do something outside of the SEC. Being able to sue XRP, being able to sue Ripple, you know, same, you know, I'm talking about being able to sue fucking crypto.com, being able to sue yada, yada, be able to say, they're saying crypto securities, right? Like fucking Gary Ginsler got called out by fucking whatever congressman was calling him out and was like, you, you said crypto securities, which isn't like a legal term for anything. You said crypto. This isn't a legal term. What are all these things? And, and then they admit it. They made up shit as they went along. They admitted it. It's on.

Concerns on SEC Handling of Crypto

Mutasco shared it like, what, two, three weeks ago? He shared it and was like, yo, like, this is what they're doing. This is, you know, this is what Gary Gensler said. This is what I forgot. Ladies name. He said, you can't have the SEC. We don't want to integrate with the SEC. I'm sorry. We don't want to integrate with them right now. We want to fucking, you need something new. I'm sorry, you just need something new. Like, you know, you can, the new thing can integrate with the SEC later if you want to. Like, if they want to partner up, whatever, fine. But right now you need something completely new, completely fucking on, what's the word? Uninfluenced by the SEC.

Inefficiencies within Government Agencies

You can't, you can't have it right now the way it is. I'm sorry, you just can't like it. If you want, if anyone wants to argue with me without it, sure. But, like, you just can't. We've, they've already proven to be inefficient as a government agency. We already know the government's inefficient as it is now. But they have already proven they're not efficient as a government agency and they're not for the people. So, sorry, we can't integrate with them. You can integrate with something else, or we can just create something new with, you know, bipartisan support and, you know, have people who are pro crypto and people who aren't necessarily pro crypto, but people who understand crypto more. You don't have to be under.

Moving Forward in Crypto Regulation

You don't have to be pro crypto to understand it. Right. But, like, it would be helpful if you had pro crypto people in that agency going to leave it at that? If any questions, let me know. Well, real quick, let me jump in here. And I know Motoscu is going to have a lot to say here, too. So one of the biggest issues I see is they're utilizing the Howie test to basically try to govern this new way of doing things. I mean, the Howie test was built out of a 1946 case. Do you think they were thinking about digital currency back then? No. I mean, so, like, they're using a very archaic system to try to govern a brand new thing, a brand new market that is completely removed from where we are in today's world.

Challenges of the Howie Test

Right. So I think that's the biggest issue when we think about is crypto a security? Is it a commodity, this fight between which agency is going to have control over it? I don't necessarily disagree with. You paid in that. Maybe this is something different. Maybe this is a different agency. Do I see that happening? Not really. But there are people who think that the Howie test is a good way to still do it. There are people, and there's decent arguments on that side. I mean, I will say this when it comes to icos. Right? There's an argument there, right, when you look at the four criteria. But I think it doesn't cover everything. You know? And I will say this, too, about XRP. This is.

XRP: Setting Precedent for Future Regulations

This is my stance. I think there's. It's not an accident that XRP is the case that's gonna set a precedent. It's not an accident because they could have picked any other project in 2017 to use as a quote, unquote, case study here, but they decided to use XRP because XRP is changing the way money moves. It's changing the finance industry. It's not just an NFT project or a DeFi project or some new layer, one blockchain. It's looking to revolutionize. Abandon the swift system and revolutionize the way money moves. That hits at home. Okay? That hits at the core. And that's the reason why XRP is at the centerpiece of this entire thing.

The Impact of XRP on Global Finance

Keep in mind, back then, in 2017, Ethereum was behind XRP. It was bitcoin. And XRP after bitcoin, the biggest thing was XRP. That was the OG alt coin, if you will. That really, you know, rustled the feathers the, of the entire, you know, government. Right. And governments across the world, they're like, whoa, whoa. What is this? You know what I'm saying? You mean, you mean with this, we don't have to go through the banks, you don't have to go through the middlemen that we've set up for hundreds of years? Whoa, whoa, whoa. So it's not by accident, in my opinion, that XRP is in this four or five year lawsuit now, and it's ongoing, and they're dragging everything through the mud.

Ongoing Legal Battles and Industry Evolution

And all while they're doing it, they're shooting from the hip and basically restricting the industry to flourish while they continue to try to set a precedent. So that's kind of my two cent on this. And, Zach, the other thing is they. Need a new system. Zach, I think they could utilize a new system. I mean, why not create a Howie test, like system for digital assets? Keep. Keep the Howie test in place for regular companies that are going to go on the stock market, whatever they want to go public. Okay. And then you have a, I don't know, whatever. Call it whatever, you know, it's got to come out of a lawsuit. Call it the ripple test, and maybe we will get the ripple test.

Future Frameworks for Crypto Regulation

I don't know. But that seems like it would make a lot of sense. And, Zach, the reason I would want a new government agency, and again, I'm not even pro government. The american government sucks right now, in my opinion, for various reasons, not including crypto. But what I would say is crypto moves so quickly that you can't have the SEC be the end all, be all. Everything changes day to day. Like, new technologies get invented every day. And if you don't have. If you're going to have regulation and you don't have people on top of what's being built immediately every day, I could have a new idea right now, get some people to help me fund it and have it working tomorrow, depending on what it is, depending on how complicated it is.

The Rapid Pace of Crypto Development

Or it could take a few months or it could take a year to take whatever, but you can't have a government agency that's not up to speed 24/7 on every cryptocurrency. And I'm not even saying do that because that's almost impossible because a new one gets made every 10 seconds, literally. So, like, you can't have the SEC be in charge of it because they don't have enough eyes on it. You need an agency if you're going to have. If you're going to have one. This is an if you're going to have one that is up to date on everything that's happening all the time, which is, it's damn near impossible.

Perception of Crypto Regulation

We can barely keep up to date. And how many people are in? 150 at least in this space right now. We're not up to date on 1000% of everything that's happening, you know? Yeah, 100%. I want to hear from Oscar to come back here and then we'll get over to. I see Tequila's down there and Mutasko as well. Oscar, go ahead. Thank you, sir. I appreciate it. Well, yeah, I just want to say thank you for the time and I'm stepping out, but I, this is a time where I was just personally waiting for, not because I wanted to get sued by the SEC, but because I think we need a little bit more fire in the crowfam.

The Importance of Community Support

I think we needed some energy, some reason to believe that Kronos is going to stand here for the entire crypto space. And I think this is a great opportunity for the CEO, the entire team, and the crypto holders. The token doesn't look good right now, to be honest with you, but I think we're just kind of having to wait it out to get that bull market, to get that win by, you know, ripple and to get more clarity. Maybe the election is going to, of course, help if he wins. So there's many greatness ahead, everybody, and we just have to wait it out a little bit more.

Anticipating Future Market Changes

30 plus days or so. And wealth, it's going to be a different market. Everybody's going to be crazy, excited, bullish, fomo, euphoria, you name it. But right now, today, it's a time when I personally going to be bullish and I'm going to believe in what we've been preaching since day one, right, that crypto, like you said, zach, it's early, not maybe in price for bitcoin, but early in adoption and understanding. I made a video yesterday with that picture, brother. but the crypto users, crypto owners slash Internet users, and I loved it. so we are like back into like 2005, 2004, as far as, oh, look, you can send an email, oh, look, create your own, hotmail, whatever.

The Current State of Public Perception

Like, that's the way we are right now. People have no clue. They're thinking about web two, web two. But eventually, maybe five years from now or so, will get our chance when people will knock our door and say, hey, dude, I found this token called Shiba inu. Will be like, oops, should I tell him that I'm a millionaire? So we'll get to those days eventually, guys. So thank you, Zach. Thank you, Zach. Thank you paid. And thank you, everybody here for the chance. The crypto community, crypto.com community is responding really well on YouTube.

Community Engagement and Future Opportunities

They're like, we're here gonna be. We're not living. That's really nice. I also have a communities or so. So follow Zach, what a great guy he is, and I will continue pushing anything. Let me know, guys, and appreciate you guys. Take care. You're the man, Oscar. Make sure you guys follow Oscar if you're not following him here on x. And definitely check out all of his videos on YouTube. Good friend of mine in the space. Appreciate you, brother, and all your insights and things you add to the space, man. Appreciate you a lot.

Maintaining a Positive Outlook

And, yeah, so, I mean, here's the thing, guys. What Oscar said is 100% accurate. You know, long term here, there's no reason to not be bullish, right? I mean, these are hurdles. They're ups and they're downs. But it's proof that we're here early, that we're here at the right time, and just make sure that you know, sometimes it's best just to walk away. Don't. Don't make those impulse decisions, right. Sometimes it's best just to walk away, come back, get a good night's sleep. You know what I'm saying? Get a good night's sleep, come back with fresh eyes and take a look at everything again, you know?

Closing Remarks on Community Resilience

But let's get over to Mutasko. He's been waiting here. We'll let him get in here. What's going on, man? Good morning to you. We got Pedro up here, too. I want to get a down to Pedro and tequila Pete. I see all the hands. We'll try to get to everybody here. Got about 17 minutes left here on this space. Oh, real quick, too. With the election heating up. We will have breakfast club, obviously, going Monday through Friday. There's going to be a lot going on here. Over the next month.

The Importance of Ongoing Discussions

We will dive into policy, and that's going to be a big discussion here. So we're going to be having some, maybe even some more macro spaces with crypto elements. But who knows why stop just at crypto right. We've built this thing, and we might even do some more macro spaces as we get closer to the election, obviously, with the angle, one of the angles being crypto and the future of that. Mutasko, what's up, man? Hey, good morning, Zach. I'm going to pull up post from Chris, who is the CEO of Crypto.com.

A Historical Perspective on Crypto.com

and I think it was way back in 2021, you and I somehow coincidentally had a reply to him in support of him. And this was a very difficult time for Chris because you had all of the mainstream media hitting him on left and right fraud, and it was all about his past, and he wasn't responding until he put out a long thread. And I'm sure most of you that know him and have followed crypto.com will remember this thread, and I'll look for it, Zach, and I'll post it because only because you and I somehow.

Support for Crypto.com's Resilience

Even. That was way back in 2021, how to reply in support of him. And I'm always going to support crypto.com. no way. There's no other way around it. You know, when you see people who believe in this industry, you have to support them. And don't also get it twisted that these guys are not building. Okay? I've posted a lot in the comment section, by the way, just to support my statements. Okay. Do not ever make that mistake.

Reflections on Market Dynamics

I remember when FTX was collapsing and Mario had a massive space on. The exchanges are falling off like flies. And the next thing that people were trying to fud really deeply was crypto.com that it was next to go down. And. And I remember, you know, again, fast forward today, 2024. Crypto.com is still here. If you haven't done your research on what they're doing institutionally, go do that research. It doesn't take that much. It's just a little bit of time.

Rising Above FUD

I think the one thing we all have to remember as crypto people is that we cannot give in this type of energy to this nonsense that the SEC continues to push. The other day, I was in a tweet, okay? There's a lawyer called metal. Very, very pro crypto lawyer and also extremely smart. He did a post about the SEC and whatever, something. And I went under the. I went under the tweet and I did a reply. And when I did the reply, I was asking him a question about what has the Chevron deference?

Implications of Legal Decisions

Right. The whole case that the Supreme Court threw out, what effect does that have on rulemaking at the SEC level? Okay. And here's the funny part. Some guy who was probably a former SEC lawyer or something like that came in and replied to my tweet and said something along the line of it is the chevron deference is irrelevant. And I was his comment, he said, it's irrelevant, blah, blah. And I'm like, this guy doesn't know who he's dealing with.

Engagement with Legal Experts

So I pulled up something else to defend my point and saying, what do you mean by it's not relevant? And also, here's the thing. I looked at his profile and I noticed, oh, former SEC lawyer. I'm like, great. That's what these people are. They are infested cancer in the entire agency, which is a massive problem for crypto in general. And what I always like to say is, we like to say this, that, hey, not financial advice. Not financial advice.

Recognizing the Strength of Community

If you see these levels of FUD coming out of crypto and you understand it, that's when you want to double in. Okay? Just double in on this crypto. And there's a lot of evidence out there to confirm this. Right again, crypto.com. i did a lot of posts in the comment section. Go read them. You probably get some wisdom from them because this is not a, we're here on a day, where was his name? Kevin O'Leary got rewarded.

Reflections on Market Inequities

All the guys that were on the shadow side of FTX have gotten hefty reward out of this whole payout. And, and the people that actually lost painfully, that the SEC claims to want to protect, they're lost big time. And we're here celebrating and trying to talk about them. They throw red meat and we take it, we bite it and we play with it. And then on the back end, they're eating as a life. I think we all have to wake up to this crap.

Confronting Cryptos' Future and Challenges Ahead

And what we have to do is just as they're doing it on the back end, guys, remember, there's a project called open exchange. In fact, they set up open exchange. These were the guys from Alex Mahinski, or whatever his name is. I think it's three arrow Capital. I believe they set up an exchange called open exchange. It shut out. It shut down. Now, I don't know if it's active, but whatever reason behind that, I don't know.

Assessing Industry Accountability

But they were probably right because this day has arrived. Right. They actually set it up in a way that you could use crypto to claim or sell your bankruptcy. If you were a client, you could have done it in a way that would give you more benefit. Right? Because it was like an all in product. Go look up open exchange and understand the model and what it was supposed to do, but it got shut down. And the point I'm trying to make is every time there is a crypto person that believes in this technology, that is OG, in this technology that is building, the regulators go after those people.

The Ongoing Battle for Fair Regulation

You can look at the list. The list goes on and on, okay? These are facts. The question I ask everybody is this, and this is what I noticed, and I'm going to shut up with this. Have you all noticed that when, before Biden dropped out, okay, before Biden dropped out, there was this political heat on the Democrats? Go back in time, okay? Look at the day before Biden dropped and look at the pressure. Why do you think that was? A lot of cases were being dropped out.

Political Influences on Cryptocurrency Regulation

Okay? All of a sudden there's a U turn. Now, why do you think that is? Okay. So, and I think the good news for all of us is we do not have to play with these guys. We just need to play in our own realm. Right? Defi beam coins, do whatever you want, but you do not want to play in their game because this game is sophisticated at that level that they will kill you to take all the money. They do that.

Examining the Dynamics of Regulation

What they do is they count dead bodies. That's what they've done to this point. So I don't know anybody, and I don't care whether you work for the SEC, you do whatever crap. That's all nonsense. And the painful part of this is these are regular people. I just posted the wealth report on crypto, by the way. Thousand of the 172,000 million years where people that hold bitcoin, if you dig down on that report and you see how many people this industry has made better off, there is no other evidence to show that this industry is not a good thing for society.

The Benefits of Cryptocurrency

But what we see is that these people that call themselves experts, they are the ones that continually, they're destabilizing the entire industry. When in the opposite direction, they try to tell you, no, we're here to clean it up. What type of cleanup is that? What type of. And bear in mind, crypto.com is an exchange, by the way. You can at least deal with the custodian risk, the smart contract risk that, the KYC risk.

Understanding Risks and Rewards

You can deal with that and not have to mix it all up. If the SEC has a point, they can actually deal with it. They know how to deal with that. In fact, they call themselves the smartest people in the room. So do you think they're dumb enough to not know how to deal with this situation? They're actually trying to bait everybody into this whole garbage of nonsense so that we can all believe that it's all chaotic.

The Importance of Focus

But they're winning on chaos because they're creating the chaos. Right? They're creating the chaos so we can all get distracted. There's a lot of opportunities. Guys, just pay attention. Open your eyes, okay? Just open your eyes and open your nose. Understand that crypto is a huge opportunity, okay? The records show that. And I'm not just speaking crap. I have the evidence in the comment section.

Evidence of Crypto's Potential

Go read them. Go understand what this actually means and compare the numbers to Wall street, okay? To Wall street, to the hedge funds, to the private equity, to. To the stock market itself, and tell me how many more ordinary people have been better off for decades now since these people have taken over. So good luck if you're going to play with these guys. But not me. Not me.

Addressing Perceptions About Change

If they're genuine enough and they want to have an objective conversation, they know how to do that, but they're not gonna do it. These guys are not here to help anybody. And it's not just me saying they're not here to help you. So when we're in these places and we're talking about crypto, I think the distraction is just enough, okay? And I'm over it. I just like to talk about the biggest things that are being built here, the opportunities that are literally looking at us right now.

Anticipating the Future in Crypto

And we're entering into a sustained bull run, my dot on the wall. It's gonna happen. But the distractions are gonna keep coming, guys. They're gonna keep coming. And I hope nobody here misses out on this huge opportunity to save their families. Okay? I'm not just saying this, guys. I have put in the evidence, in the comment section.

Concluding Thoughts on the Future of Crypto

Go read the report and you will learn how important this industry is. Okay? And pay. I literally bombarded you because I couldn't just stand it. I'm hearing all the talk. I'm like, guys, this is the evidence. Go read it. Go listen to it. So I hope you go listen to it. I hope everybody there is listening. If you don't know, just go listen to it.

Encouragement for Learning and Engagement

Right? And then you educate yourself a little bit about the game and the manipulation that we all have to deal with. But on top of all of that, we get called crazies. We get called. We don't know what we're talking about. Oh, we're dummies. We don't know how to invest. Do you know that? You think I'm a dummy? You think anybody in this room is a dummy? They don't know what they're doing, their money. You believe that?

Taking a Firm Stand

Go ahead and believe that crap, okay? We know what we're doing. We know what to put our money into. We believe that this industry is a big deal. Okay? And I'm about to post, and I'm about. This is my final comment. And I'm about to post, guys, this is a passionate thing for me. When I say these things, I mean them truly from my heart, because I'm looking at the manipulation and I'm looking at crazy, evil people trying to distract us from an opportunity.

The Building of Financial Infrastructure

And I'm about to post project cedar one and two, I have them all stacked up. I'm going to post them so anybody can go read that also and understand that while we think that they're going after crypto, they're already far into this whole thing, and they're building infrastructure for the government to operate in. And they're also selectively picking up their own partners within a structured club. We're not going to be part of that.

Awareness of Industry Dynamics

So when we sit here and we allow them to take over our energy, we're literally saying we don't know what we're doing. We know these people are far deeper into this thing. And it's not anybody, it's not Biden, it's not Trump, it's the New York Fed, who are the shareholders of the New York Fed, who is even the Federal Reserve. They are. People have been deeply involved in DLT.

The Foundation of Future Regulation

There's all kinds of stuff out there. DTCC, project, lithium, Project Hamilton. These are all proofs that these people have done enough to build infrastructure. And that's my last point. Have a good day, guys. Something like that. But guys, we're about two minutes away here for closing things out. We're not gonna have time to get to everybody today. Make sure you come back tomorrow.

Reflection on Market Responsiveness

I'm rugging. No, you was rugging for me a little bit. Yeah, you were. Pretty bad intro to the space again. Yeah, it's just typical shit, you know? We're going to close it down for today. We'll be back tomorrow. Yeah, yeah, we can. Yeah, we got you. Okay, I will close it down for today. We'll stop there. We'll come back tomorrow.

Encouraging Participation

Tequila? I will. I will come back tomorrow. I will. We'll keep the conversation rolling. Appreciate you guys, as always. I see Michael down there, too. Make sure you guys show Michael some love and his space later. And peace out.