Fed's New Inflation Trick Could Trigger Rate Cuts
44sExplains a controversial theory that the Fed could manipulate inflation data to justify rate cuts, sparking debate.
▶ Play Clip"A rambling stream that only occasionally touches the dramatic title's warning — heavy on tangents, light on depth."
In this live stream, the host covers the current crypto market downturn, macro risks around interest rates and inflation, and the latest NFT mints and hype cycles. He examines the 10,000 tokens collection mechanics, the Swatch watch craze, and shares his strategy for navigating a potentially rough summer for risk assets.
Bitcoin is crashing to $76K and ETH is under pressure, possibly going below $2,000. Hyperliquid is the only asset saving the host's portfolio.
The 10-year Treasury yield affects consumer loans like mortgages and car loans, while the Fed has more control over the 2-year rate. Rising yields are bad for risk assets.
CME FedWatch forecasts show no rate cut at the next FOMC meeting in 30 days, and odds of a rate hike keep increasing further out — 17% by September.
A theory suggests Kevin Warsh may exclude extreme price swings from inflation calculations, which could put the current rate closer to 2% and open the door for rate cuts.
China approved an initial purchase of 200 Boeing aircraft and $17 billion per year of US agriculture, plus restoring market access for US beef and poultry.
Hyperliquid is up 8% on the 7-day despite the downturn, helped by RWA trading. SpaceX can now be traded on the platform, with a valuation briefly hitting $2.5 trillion.
Even if NFT prices hold steady in ETH, a drop in ETH from $2K to $1,500 hurts dollar values. NFTs are extremely risk-on and get hit first in a downturn.
In the 10,000 tokens collection, burning an NFT lets you launch a token. The launcher receives 50% of fees, 10% goes to team, 10% to Punk Strategy, and 30% to token holders.
Trending tokens mostly have under 50K volume. Unless a token gets real marketing and attention, fee revenue for holders is minimal.
If 1,000 tokens are burned and average volume is 500K, holding an NFT earns about $168. With 50K volume and 2,500 burned, it's only $40.
10,000 tokens pumped mainly because the artist is Jack Butcher. His Checks collection sits at 0.2 ETH, which may cap how high this new project can go.
A Swatch store employee told Meta Gandhi they will print more watches in 3-6 months, but very limited — stores will only get 150 pieces again, so it's not mass-produced.
Which Treasury yield affects consumer loans like mortgages and car loans?
The 10-year Treasury yield.
04:03
What are the CME FedWatch odds of a rate hike by September?
17% chance.
05:12
What theory could allow Kevin Warsh to justify rate cuts?
Excluding extremely volatile items from inflation calculations would put the current rate closer to 2%, opening the door for cuts.
06:06
In the 10,000 tokens project, what percentage of token fees does the token launcher receive?
50%.
16:27
How are fees from 10,000 tokens distributed?
50% to the launcher, 10% to the team, 10% to Punk Strategy, and 30% to token holders.
16:52
What happens when you burn a 10,000 NFTs token?
You launch a token and receive 50% of its fees.
16:11
If 1,000 tokens are burned and average volume per coin is 500K, how much does a holder earn?
$168.
19:36
What did the Swatch employee tell Meta Gandhi about future supply?
They will print more but very limited, with stores only getting 150 pieces, happening in 3-6 months.
38:10
Which artist drove the 10,000 tokens price pump?
Jack Butcher.
23:37
Why does flipping Nascent at current floor lose money?
Because of 6% royalties, the net proceeds are below the mint price.
28:08
What is the referenced floor price of Jack Butcher's Checks collection?
0.2 ETH.
23:51
Rate hike odds rising
The market is pricing a 17% chance of a rate hike by September, which would be devastating for risk assets.
05:1210,000 token fee mechanics
Burning an NFT to launch a token with 50% fee revenue creates a powerful but risky incentive structure.
16:11Low token volume reality
Most launched tokens never see meaningful volume, so promised holder rewards are often negligible.
18:02Buy the rumor, sell the news
The host questions whether the 10,000 tokens listing will be a sell-the-news event, a key principle for NFT flips.
20:56Swatch supply confirmed limited
A store employee's confirmation that future prints are limited helps explain why the hype persists despite crashes.
38:10[01:43] that new intro? I've got to get a better graphic, but I threw that together this around. Yeah, with with my song. Now, you finally hear the full song for the first time ever. Uh Uh, yeah, welcome everybody to the
[01:57] stream. Let me pull the chat up here. We got some familiar faces. Mingols, welcome. Welcome. Johnny Wise, welcome. Everybody, appreciate you. What are we minting today? Uh, we'll we'll figure that out. Captain, he's still in
[02:11] bed. Wake up, Captain. We got We got money to make, dude. Waypoints waiting >> [laughter] >> Uh, GM Bripto, hey, welcome. Welcome.
[02:23] What do you think about the Nouns Bella mint today? Uh, we'll talk about it, but I mean, it's not much of a I minted just to support the guy. Like he he did this know, he wants to buy like a really good computer and stuff. I minted. If it goes
[02:36] to zero, for me, it's 30 bucks. Like who cares? It's flippable right now, so You missed the song, buddy. You're going to have to tune in next week. to have to tune in next week. Or on Friday, but yeah. Um, got to get a
[02:50] with AI or something. Why is this my entire screen? Okay, there you go. Uh, but let's jump right into today's >> [laughter] >> Whoa. Voice voice lose voice loss.
[03:05] Hopefully the the bar at the bottom stays working today. Uh, I deployed it somewhere else now. We'll see. Before it crashed, you didn't miss the song. Let's crashed, you didn't miss the song. Let's go. How did you like it? Full full song.
[03:19] Um, but yeah, starting off with the crypto markets, which are not looking really good. Like Bitcoin is crashing as we speak, down to 76K. Really not fun. we speak, down to 76K. Really not fun. Uh, is ETH going to go under 2,000? Um
[03:33] looking like it might. The only thing that's saving my bag right now is Hyperliquid. I was debating selling last night at like 40 close to $46. In there's still time. I can get out way in profit, but um
[03:49] yeah, the crypto markets really aren't looking nice right now. I think there's you know, a lot of different factors. I was looking at this this morning the the yields on the 10-year Treasuries,
[04:03] not going to pretend to be an expert on this stuff. The 10-year is really what affects things like your mortgage and car loans and everything. So, that's the one that affects the consumer. For the the Fed, the Fed doesn't control this
[04:17] rate. They're much closer to controlling the 2-year. The 2-year is what's going to play with the Fed rate. Um but yeah, you don't want to see this stuff going up, especially if, you know, Japan and
[04:30] all are dumping Treasuries. Like Trump wants he he wants it's really hard to go do what Like he I now. You have everything going on in Iran. You have inflation going crazy. We
[04:43] want rate cuts. If you look at the forecast for the CME, um the next FOMC meeting is in 30 days. If you look at the forecast right now, it's showing that we're not going to have any rate cut, even though everyone's
[04:56] expecting Kevin Warsh to come in and cut rates. So, we're in a really weird even further uh for the next one, which would be in July, the end of July, it's not much, but it's more likely 4%
[05:12] that we're raising rates versus cutting rates. And then same thing if you go to September, it keeps increasing. 17% chance that we actually get a rate hike, markets, right? And the further out you go, the more likely it seems that we're
[05:27] going to get rate hikes, um which is devastating. um which is devastating. Um risk-on assets. Uh it would really crash the markets. Like it would The top would
[05:40] be in and we'd be in for some pain. So, that would really not be cool. Uh, I really hope this doesn't happen. I did see a theory, it. Uh,
[05:53] no, did I not put it properly? I don't think I saw Easy post about it. But it's it's essentially the theory was essentially somebody saying, uh, calculates
[06:06] target of 2% and it's currently at what at what three uh, three and a It's not say three and a half. They were saying the way they calculate it, they exclude certain things that are extremely volatile and he was saying the way Kevin
[06:23] Warsh wants to do it is he's going to exclude extreme price swings, which would put the current rate way closer to 2% and open up the door for rate cuts. Now, if you, you know, you buy food or or gas and everything, you know that
[06:37] that they're saying, right? It makes absolutely no sense um, the numbers that they're giving out, but, you know, as as we're dealing with with high prices anyways. So, for me, I just want markets to go up. I want my
[06:51] really invested in stocks, so I didn't get to benefit from any of the pump in stocks. seems like Trump is like flip-flopping every day. They're negotiating with
[07:03] Iran, things are cooling down, and then, you know, for Iran, the clock is ticking. They better get moving fast or there won't be anything left of them. Time is of the essence. It's like we're back to threats, but then here, uh, US
[07:15] proposed temporary waiver on Iran oil sanctions, Iranian sources say. Also, Iran is like supposed to open their stock market. Um, so there's just it's really hard to read what's actually going on, and the market doesn't like
[07:29] uh, you know, markets are going to suffer because of this. I also saw There was a lot of negative news that I saw about the Trump uh, meet a Trump going with all the the CEOs to China. And if you look here, you know, there's certain
[07:43] will address US concerns regarding supply chain shortages related to rare earths and other critical minerals. China has approved an initial purchase of 200 American-made Boeing aircrafts. China will purchase 17 billion per year
[07:58] of US agriculture. They're going to restore market access for US beef and imports for poultry. So, there is some progress being made. It seems like there's some deals. I also saw there was a lot of talk about around Taiwan and
[08:14] the chip manufacturing and how Trump is continuing to want them to come to America, especially with, you know, people thinking that China is going to move on Iran. So, there's a lot going on and it's really hard to read. Like, I'm
[08:27] nowhere near an expert in this stuff. You know, I trade JPEGs and and buy, uh, you know, animal meme coins for a living. uh, yeah, markets are not reacting great to all this. Everything is going down.
[08:41] You could see today. Yesterday Solana was getting destroyed. Yeah, even down, uh, 12%. Um, I've seen there's a battle right now going on with Solana on the perps. There's It's like Teresa. I forget the name of
[08:54] their their perp decks. Uh, but they're trying to attract that attention. Um, away from meme coins, even though meme coins is what made them. You know, the main reason most people trade on Solana is meme coins. It was their low fees.
[09:08] People were trading NFTs there, but, um, it's meme coins if you look at at the volume. Uh, but I I did want to look at this, but before uh, just for this battle because Hyperliquid is doing really well. You
[09:22] could see, despite everything being down, on the 7-day Hyperliquid is still down, on the 7-day Hyperliquid is still up 8% and the main reason for that, uh, is uh, the the RWA side, right? With the trading. They have stocks, they have
[09:34] commodities, and now they have SpaceX. They are again they're on Tessera or butchering the name. You can trade SpaceX. I think it's spot though somehow maybe like an OTC thing. I I haven't looked into it yet. I saw it all this
[09:49] morning, but on uh Hyperliquid you could actually trade perp. So it went ridiculously high. I'm not sure what current valuation it is at around 200. I know when it was a little higher it was at 2.5 trillion which is insane. Um
[10:05] which would put it I saw Moritz had a post. It would put it at the sixth highest value company in the world uh in terms of market cap at 2.5 Okay, here we have the the price $207. So it's down a little bit, but these are just insane
[10:20] prices. Like and this is happening in June right before the next FOMC meeting. Is that going to mark the top? Like all these companies rushing to IPO you know, typically and they're doing it is it potentially the top of the stock
[10:33] Very possible. Uh I'm going to be especially if we get a crash in the stock market I'm going to be deploying capital into the stock market. I want exposure um
[10:47] unfortunately. Even what I purchased in the stock market is bit is the ETF the Bitcoin and ETFs. So I'm still up on my Bitcoin my ETH I'm down which is unfortunate. Uh but yeah, I want more exposure. I want
[10:59] commodities. I want stocks. So if we crash for me that's a buying opportunity. If we crash on crypto that's going to suck because I do hold a decent amount of crypto. I'm still pretty heavy in stables thankfully, but
[11:12] seeing their portfolio go down. Um you know, typically it's sell in May and go Is that going to happen again? You know, I remember feeling that way the summer, but looking at this graph like we had some really good months of
[11:27] May and and months of June, you know? And if If at the average May has been positive many times. And then when we go down, it's nothing crazy. So, yeah, I'm not sure. I got to look heavy uh deeper into this sell in May and go
[11:41] away data, but uh at the moment I'm not buying it. I do think we're potentially in for a very rough summer. Um in which case, source of income. I think most people in crypto are just hoping that crypto's
[11:55] magically going to go up, and they get rich just by holding and doing nothing. be trying to earn revenue somewhere else. Whether it's in crypto, and you you're you're building a product, whatever it is, trading, whatever it is,
[12:11] outside of just holding and praying that your bags go up. Uh but, you know, the the the sad part about crypto going down is NFTs are going to
[12:23] NFTs are priced in ETH. Even if your NFTs, you know, if if Bored Apes stay at NFTs, you know, if if Bored Apes stay at 10 ETH, if ETH goes from 2K to 1,500, unfortunate. If you're trading it. If you're hold If you plan to hold your ape
[12:36] for the next 2 years, then I guess who cares, but it's still not fun watching I might actually flip I have an ape, I might trade and uh try to pick up a ones on the floor. Um but yeah, I often get asked like,
[12:50] mutant? Should I buy this? It What's your risk tolerance? If crypto's about to fall off a cliff, NFTs are going to get wrecked. In which case, that is your buying opportunity. If you don't mind buy Maybe you're buying two. Buy one
[13:03] here, wait a couple Wait a month, wait for prices to crash, buy a second. Um but yeah, this is like an extremely risk on asset. So, when the market is not doing well for risk on stuff, this is going to get hit first, right? Even
[13:16] before crypto. I do got to say though, NFTs are holding up relatively well. Yesterday there was an insane sweep on punks, or 2 days ago. Was it yesterday or 2 days ago? Some one person Yeah, right here. One person
[13:31] purchased nine punks. And I'm not sure if these two or if it was somebody else, but two were purchased from the punk strategy uh treasury, which I didn't even check. Did Did um
[13:45] Token Works go up? The the the token for Token Works, the Punkster? then Uh it had it had a mini bike.
[13:57] >> You could see on the chart it had a mini spike right here, and then it went right back down. Yeah, uh we're still not in a in the in the best environment for this kind of stuff. Uh which one is your ape? Uh my wallet's
[14:10] Um Bada boom kaboom. I have this ape. I have the baby uh What's it called? The thing on the head?
[14:25] is what I have. But I have no like, you know, I don't He looked cool. I like the mouth. I like some of the traits, but um I'm I have no like attachment to this ape, right? I bought it because I want to trade it. If I do buy one as a PFP,
[14:38] I'd want to find like a sick one with like the BAYC hat or something. Um Um But yeah, moving on, we have
[14:50] Where are we? Where are we? Uh yeah, so NFTs, I saw somebody in the comments did mention 10,000 tokens. Yes, this was the big mint last week. You know, in hindsight, I wish I would have swept a lot more, especially as it was going
[15:02] down to point 02. So, essentially, this is a collection by Token Works, 10,000 is a collection by Token Works, 10,000 tokens. There's 10,000 NFTs, and they launched it for a point 01 mint. >> [clears throat]
[15:16] >> Excuse me. However, gas was insane. Unless you had whitelist and you minted on the first day, in which case Captain was telling me his mint was really cheap gas. When I tried to mint in the public round, for three, gas was 130 bucks. And
[15:30] then I minted at the I was out I was I went to the doctors for my wrist. I wrecked my wrist. When I got home, there was like 500 left to be minted and I minted it estimated me $200 gas. I paid 166. I paid .075 in
[15:45] gas. So, my mint price I consider it .03. So, right now it's roughly 8 4x. Uh 12x returns." Like no, you got to count your gas fee in that. So, anyways, uh
[15:57] Token Works, who previously did Punk Strategy, they did NFT Strategy, which did really well for the NFT market as well as tokens, they launched this project. Now, this has a fee structure very similar to um
[16:11] to Token Works, right? It's Or let me start with the token. What you get from this is they're you're able to burn your NFT and launch a token. So, I could burn Um and the the reason you would do that is as the launcher of the token, you
[16:27] is as the launcher of the token, you receive 50% of the fees. saw somebody did a calculation this morning. If there's three three million dollars in volume on a token, so if I
[16:39] there's three million dollars of volume, I get something like 15k in revenue. >> [laughter] >> Pretty good, you know, I The the gears bit. Um but
[16:52] uh the other thing is it becomes deflationary and another 30%. So, 10% goes to the team, 10% goes to Punk Strategy, and then the other 30% goes to the holders of these tokens. Now, that sounds amazing until you actually do the
[17:06] math because the math ain't really mathing. You're not getting that much money. I understand it's deflationary and the more people burn, the more money you're getting as a holder. I don't see that many people burning. At least maybe
[17:18] at at first we'll get like 500, 1,000, if we're lucky 2,000 being burnt, but I don't see that many people burning because are you going to make that much money? Most tokens aren't going to get a lot of volume. I think if we go to Let
[17:32] Um there's got to be a better way to do this, but let me just go to Padre and check the So these are the trending tokens. 100k volume. Yeah, there's one over 100k. Most are at 50k or less. These are
[17:47] trending. What about new? New coins, I mean it's it's rough. Okay, New coins, I mean it's it's rough. Okay, new coin Okay, 26k on one. Um 5k. You know, most are still less than 50k. So how much are you really going to get in
[18:02] in fees, especially that when your token launches it's at a 99% fee. So most it launches. They're going to have to wait like an hour or whatever the time is for the fee to go down to 1% at which point your token is kind of getting it
[18:16] lost in the sauce of all the other coins. And unless you have a really good idea, good marketing, or a good name, why would anybody buy your token? I guess that's the question I'm asking myself. Um
[18:28] launch a token? Like I've even been responsibility by the way. If I launch one, I'm never doing anything for the token. Do not expect me to pump it. Do not expect money to be made from it.
[18:41] Like you're buying at your own risk. Um but I you know I I want to make money, too. So I was kind of thinking about it, but how many people are actually going to burn burn? Uh I saw that this guy Maxi um launched
[18:55] this tool. You know, he did some calculations here which like I don't really agree with the the math he's using here saying like if if uh I think he did 5 million average of a token volume. Yeah, example 100 tokens
[19:09] each. That's not happening. Like that is not happening. Now, run it a 1,000 tokens at 5 million each. That is not happening. There's no way that is ever Um He he released this really cool tool and
[19:24] you could kind of do the math here. So, I'm holding and you you know, how many are burnt? Let's say 1,000 get burnt. Uh but what's the average volume? If the average volume per coin is 500k, maybe I
[19:36] need to zoom in here. Yeah, if the average volume per coin is 500k, yeah, you get $168 just for holding your NFT, not counting what you could flip it for after. And then the more get burnt, the more money you're
[19:49] more get burnt, the more money you're making, right? If uh 7,000 get burnt, you're making 4K. But you got to lower the like the average volume is probably on Twitter a comment like, "Can you reduce? I want to be able to see, you
[20:03] know, average volume 10,000." Um but let's say it's 50K, the lowest option possible, and only um 2,500 burnt, you're making 40 bucks. You're making 40 bucks for holding, which is fine. Like it's And
[20:16] you know, these tokens live forever, so there's going to be continuous volume forever, technically. Um But yeah, it's not a lot of money and with that we did see the price start to fall off here. I had sold only three
[20:29] yesterday or 2 days ago. And then how many do I have left here? I have 10 left. So, I've sold five so far. Um I bought at my average I minted three and then my average buy price is like .06, roughly. Um you could see all of them
[20:43] greedy. I was greedy day one, but now I'm not being greedy greedy. I listed happens, right? If I see the flywheels working, I don't mind buying back in. Um And when it when it does launch leading
[20:56] pump, but I've been saying all weekend, I'm wondering if this is a buy the rumor, sell the news event. I don't get what the NFT does for you. You can just launch a token with fees on your own and get 100%.
[21:09] Agreed. Yeah, true. True. Or you could launch on Yeah, what's the fee split for you could just launch your own token. I guess the idea is that there's attention here right now, but how long is that
[21:21] going to last? I think day one or if they have certain creators lined up to they have certain creators lined up to launch tokens, then I think there's going to be attention, but you was just a random person, you know, why
[21:33] unless you you have something really cool planned. So, let's do the I'm burning. Um If I launch one, does it matter? Average volume on my token
[21:48] volume on my token No, wait. My token volume launched Does it matter? Okay, it doesn't matter. I could do one. Doesn't matter. So, average volume per token doesn't matter either. It's really
[22:03] just what's the volume on my token. So, if there's If I launch a token that does if there's If I launch a token that does 10 million volume, I'm making 50k? What if it does 20? I'm making 100k? 2x.
[22:18] Interesting. No, I don't plan on launching a coin. Yeah, so this is cool for creators, but again, like NFT tracker just said, why another platform where you could stream, you could do all this other stuff, and
[22:32] launch your own coin, you know? You don't need an NFT. Um Somebody's advertising AI viewers.
[22:46] meant Naz Bella. tomorrow. We'll see what happens. Look, I'm holding. I I hope this does well. I want to support, but in the past, if you look at punk strategy had like three
[22:59] bugs in it. NFT strategy stuff had a ton of bugs in it. So, I really hope they lot of funding. Like they made over a million dollars on the whole punk strategy and NFT strategy stuff. So, hopefully they have a good audit.
[23:11] Hopefully there are no bugs, and uh hopefully it does well. into some volume. Uh but at this point I'm pretty much I'm very close to holding for free. So, I'm not really worried. Uh but you know, I
[23:24] really didn't go as heavy as I should have. I should have I should have swept have. I should have I should have swept 50 or 100 at 0.0 03. Even when it was at hoping for another dip. I should have just bought. Like who cares?
[23:37] I Oh, sorry. I didn't even say. The main reason it pumped is because the artist is Jack Butcher, right? The flywheel fine, but people just got really excited Butcher, which to me doesn't really make sense cuz like what
[23:51] are checks at? Checks are currently at 0.2. Like dude, checks are at 0.2. How If it's mainly relying on the artist
[24:03] being Jack Butcher, how much higher can Let me get them back open. 10. How much higher can these go? How much higher can these go? You know, is the ceiling not checks?
[24:15] not checks? Like and checks are deflationary as well. You could burn these to make a single check, right? Which some people are trying to do. So, yeah, the the the the ceiling is set by checks in my opinion for the Jack
[24:30] Butcher relation, and it's really going to be that flywheel and people burning. burning. Cuz why would you just burn money unless you're somebody Why would money unless you're somebody Why would you burn money? You're burning $230
[24:44] you burn money? You're burning $230 with the hope of making money through uh make $230? $250. You need 50k volume. Yeah. So, to For it to be worth it, you need to be able to launch a coin that
[24:58] gets 50k volume, which like we saw, you know, most coins don't actually hit. Uh let's go to the air. Yeah, many coins don't actually hit. Like most coins just get lost. So, you're ending up losing money and
[25:11] potentially putting work into it. Um yeah. [clears throat] So, look, I again, I'm not trying to flood it. I want it to do well, but I'm not convinced. Yeah, 50k is a lot of volume. We had a
[25:24] chance to sweep around 0.008 yesterday. Yeah. Uh I didn't buy more. I I've been selling. crypto market's going right now. You know, Bitcoin's potentially going under
[25:39] Uh potentially going, you know, going down to 60k where a lot of people think wrong. Um yeah.
[25:53] that that minted. We have Abnormal Mfers. Uh these guys are really cool. I their website look like? Are they go to your their YouTube? So, essentially, they are doing a or they did a raise for their YouTube channel. They want to be
[26:08] um adult the adult swim of Web3. Uh and their their episodes are actually really their their episodes are actually really cool. Like I've watched a few of them. messages. Like these videos are actually cool. Uh they're well done. I like them.
[26:24] budget and stuff, they're able to produce more, better quality. Um episode I watched actually and it was showing people their future. Like and they were kind of like fighting with each other based on the future
[26:39] It's actually a good exercise. Uh but anyways, so they tried to mint these for on base. I didn't like that it was on base. I prefer ETH mainnet. And 033 was was way too expensive. Nobody was minting them. Outside of the team
[26:53] minting 200, I think they minted 300. Uh and then they decided to reduce the price to .0069. Good move. They minted out and they went all the way to like .025. So, these were like a 3x. If you minted, you could also bought on the
[27:07] secondary market. I like the art. Like I find it cool. And then Jesse also posted I don't really find bullish. Like, you know, he done so much weird stuff. The
[27:19] whole coin everything and he was like posting a bunch of stuff that would just pump and dump. So, for for me this is not bullish. Like, it's not a unless base is deploying money to actually support them. You know, just Jesse
[27:31] support them. You know, just Jesse posting an NFT is not enough for me. Um Yeah. So, moving on, what else do we got? People asking about Nascent. Look, I minted, but you could see right now the the
[27:43] floor price, right? It's you're minting for it's 32 bucks. You're you're minting for $5 profit. I didn't check if there's royalties. Let me go check.
[27:56] royalties of how much? Of 6%. So, if you try to sell right now, .052, um you are losing money, actually. If I
[28:08] bit of money. .41, what was the mint price? .33, you're making like a dollar or two dollars, you know? So, you know, I again, I minted not even for the flip, just cuz
[28:22] whole letter and I'm just trying to support him. Like, that that's literally the reason I minted. If not, I wouldn't have minted it. Like, it's not a flip. It's just an extra transaction for me that I don't want to do, but I'm purely
[28:34] minting to support the guy. Um what was his other collection? Those skulls I took a L recently on those skulls, but the skulls were also like at .01. So, I don't know why this secondary collection with more supply would go higher. Um
[28:48] they're they're cool. You know, when they reveal you can play the reveal game. Um but yeah, I don't expect these to do anything crazy. market is nuking. I hope he mints it out though. I hope he raises the funds and
[29:01] you know, he's able to continue doing his art and all that. But yeah, outside of that um nothing nothing crazy. with crew for your next stream. Add me on Discord crypto gorilla. Oh, you're
[29:15] right. You're on Twitch, dude. Yeah, I stream on Twitch and kick randomly. Add you what? Why would you like me to add you, sir? My my friends are full I have to delete somebody. But my
[29:29] you know, if you're a scammer, you can DM me. Um my messages are open. Yeah, so just DM me crypto gorilla.
[29:46] hyped upcoming mint. Uh it's called reorder and I saw uh by Dario Des Siena. Um reorder this one. That's what a lot of people are posting. Uh the art looks cool. Uh
[30:02] Gems did a really good job here. One, they're cooking with art. Like this is what you want your community to be doing to support getting special treatment for white list. Uh cuz they're all, you know,
[30:16] taking the time to post this kind of stuff. Uh so shout out Gems. Um but yeah, I noticed so he he gave white So if you hold, I think it's a full set of normified, you get white list, which last time I calculated was around $300
[30:29] to get white list. Let's just do some quick math. Um we got 80. We got 140. We are at let's say two it's 210 and then let's say 300. Rough it's 290.
[30:41] Roughly 300 bucks. You can see the volume went crazy. He also said if you hold one of his other the minds, which I wouldn't buy this thing at 0.2 for white list. Um yeah, there's no sales. It's an it's a fake uh pump on these. One sold
[30:55] at 0.1. But the last sales, okay, there was one uh 10 months ago. Yeah. 2 days ago one sold for 0.025, and then one sold for 0.1. you know, but what I'm wondering, like I get it, the art's cool, but he has so
[31:09] are just hyped on the flip. That's what they're hyped about. Cuz if you were, get into his art, like you would buy one of these collections, right? How well did this stuff do? Activity, I know I analytics.
[31:24] Let's go all time. Oh my god. came out it was trading at four ETH, three ETH. Wow. And then it kind of just uh nothing happened, nothing happened, and now he's
[31:37] releasing uh new art. When was his last correct collection When was his last correct collection created? Is there a way to see that?
[31:49] Um but yeah, the beaks, yeah, yeah, the beaks, this what reorder and the beaks now on my timeline. Look at the last sale on them. On on what? On the minds? Yeah, I mean one sold for 0.1, but it's like a sale
[32:04] out of nowhere. We'll see if one sells at 0.2. I don't think so, but I've been Uh the beaks, yeah, the beaks, people are very hyped about. We just finished our raffle in Gorilla Labs. Um
[32:22] finished our raffle in Gorilla Labs, 20 winners, best odds in the space. Um yeah. And then uh last thing I wanted to talk still, you know, resellers, flipping, and all was this whole AP watch
[32:36] situation. Look at these lineups, dude. Thousands of people lining up. I saw many stores like here in Dubai. Dude, way too many people lining up. The crazy thing is like each store has between 150 to to 300 uh to 200 watches.
[32:52] Like none of these people are getting the watch. You're waiting in line for for 24 hours for two people camped out for multiple days just to be told we have no watches left. And I saw a post about somewhere in Europe. I don't It
[33:06] they gave precedent to like elderly and all this stuff. If that's if that actually happened, I'd I'd flip out. I don't think it's true. But um yeah, imagine waiting 2 days to try to get the flip and then, you know, the watch is
[33:18] sold out. So you buy it in the secondary market and now the prices are crashing. Uh now I saw they they were trading for like What do you say here? Uh Meta Gandhi said he waited in line. There was 500 people ahead of him. He didn't get a
[33:30] 500 people ahead of him. He didn't get a watch. Yeah, only 150 pieces. Uh right NFTs on OpenSea all over again. That's funny. Uh I paid 1,400 for a $400 watch. I started getting $2,000 and $3,000 offers. I I would have immediately taken
[33:46] immediately taken this. I think this is a a trend, you know, I think it's going want this? Do you actually want a pocket watch hanging off of your purse? Like I don't know. To me it's just weird. Um I think this is going to be a short
[34:01] get memed, but I think it's going to be a short trend. And uh right now, last I a short trend. And uh right now, last I saw, the Swatch prices were crashing. that we'll find.
[34:15] Um Maybe latest. Oh my god. Yeah, look at these people fighting, bro. I get it. It's money, right? It's money, but like my god. This guy's
[34:28] >> [laughter] got the Swatch. He's already He's already gotten beat up. He's like, "Yo, I ain't fighting." And he just leaves. Meanwhile,
[34:41] guy had a chair in his hand. What are you it over somebody's head?" Thankfully, the security guard was like, "Bro, bro, You got a smart security guard right here.
[34:56] Okay, stopping the the violence, but this is just insanity. I saw in This is in uh Bangkok where where Meta Gandhi was. Like, "Dude, if you're in If you're these people, literal stampede. Somebody's going to die in this stuff.
[35:11] Somebody's going to get crushed in this stuff." And I saw there was like kids. bringing your kid to this. How irresponsible, but if you're in the back the front, do you think the store is going to be like, "Oh, yeah, you in back
[35:25] pushing and punching people. Yeah, yeah, you know what? Come. Skip everybody. Come get your watch." Like, no. And again, I get it. It's thousands of know. This is just insanity. I would never be at one of these things.
[35:38] never be at one of these things. Um fight. And then uh yeah, this one was This one was wild. This security guard just mass pepper spraying.
[35:51] and he's yelling back. Nobody can hear him. Like, it's super loud. And he's just not stopping the pepper spray. He just He keeps going, bro. I saw two different events where this happened. And yo, the comments, "Swatch
[36:05] do better." Yo, this is not Swatch's This is on you guys. The guy filming who's part of this, this is on you. This is not on Swatch. Like, this is insanity. Um
[36:17] scalpers. Like, it's the same thing for all these Pokémon. which I think they're going to take them away now. There's people camping the heard they use facial reading on the vending machine. So, if you go 50 times,
[36:32] it's just going to say no. Nothing. No stock. No stock. But, they wait for somebody new to come. It's it like sees their face. It shows that stock is available. And then the scalper yells at them like, "I was waiting here for
[36:44] "You're ruining the whole game." Like, dude, I get it. It's money on the line. everybody out if they did that to me. Um and the dude, there's somebody got shot crazy. Um full auto pepper spray. Yeah, I saw
[36:59] two different ones where the guys went full auto pepper spraying. Uh it was crazy. Let me make sure before I change screens. Let me make sure this is still running.
[37:16] Is it working? Yeah. Um let me just look through some of the comments here. Why do I think every week every week you ask me this. No, I don't. Um Dude, I'm about to dump every every one of my NFTs. I might just hold my
[37:29] Yuga and sell literally everything. I'll hold my Chimper, too. Sell everything anymore. I'm tired of being tagged like even artists and stuff camping my my portfolio. Like, meanwhile, they made
[37:42] like 300k and they're like, "Oh, you're selling for 200 bucks?" Like, get a life, bro. Um I can't even go to the mall on Black mean, I get it if you're play if you're there for the flip and you camp out, you
[37:56] saying like if they were younger, they'd be doing it. I completely understand that. But, crashing cuz they are confirmed they are not uh limited. Yeah, so I saw the not limited thing, but Meta Gandhi
[38:10] went in a store and he asked the Swatch person um he said, "Are you Are they going to print more?" And he said, "Yes, but very limited. Stores are only going to get 150, so the same supply they already
[38:22] got, and it's only happening in 3 to 6 months. So, I think what Swatch might do is be like, "Oh my god, there's so much demand. We can make a million or or millions of dollars." Maybe that's what they'll do and mass print it. But, from
[38:34] my understanding, it's not going to be mass-produced. It's just going to have So, the the price hype and everything makes sense. yeah. There's a bird on my balcony.
[38:49] bugs. Um hey CG, what's up? What's good, bro? Um hate pocket watchers. Yep. Um like, who cares what I do? It's my money, dude.
[39:04] What did I miss? You kind of missed the whole stream. We talked about NFTs, we talked about the market, we talked about Swatch. Um but, you could go rewatch it if you want. Um see, I'm not on a PC now, Gorilla. Shown here. Welcome.
[39:18] Welcome. Shown in here. Uh I mean, I'm I'm I could just read on the side. What am I doing? I mean, I'm not on the phone. This is my sister's YouTube. That's funny. Uh same as Moon Watch. Yeah, same
[39:31] look into that one. I saw it was still going though for a decent amount, right? Isn't it still flippable for like thousands in profit? Shown in. I joined late. It's all good, brother. Yeah.
[39:45] Yeah. Love from CG to CG. think that was pretty much it for what I had prepped for the show. Uh if anyone has any questions, feel free. If not, I think we'll end it here. I'll go have me
[39:59] Some eggs and avo Oh, I didn't buy avocados. No. I guess I'm just having avocados. No. I guess I'm just having eggs.
[40:21] yeah. I guess there was some NFTs we could look at. Uh there's a couple NFTs that people were trading. There was two. There was that plant thing. Uh wow. Uh Drop Dead Gorgeous I saw Drop Dead Gorgeous ping on Waypoint. Oh wow,
[40:33] new all-time high 0.03. That's really cool. I saw the volume bot pick it up on Waypoint before we leave. >> [laughter] >> Uh can you please check Hermians from Noun Research? Is that um that's on
[40:47] Noun Research? Is that um that's on Twitter?
[41:04] A Nouns Research? Did I misread? Sorry, the the again, the chat is really small. Um Oh yeah, Nouns Research. Uh I had I had actually looked into this. Hermes Agent is now the number one on
[41:19] Uh I didn't I didn't know there's a token. I had looked into this a while back to to actually let it trade for me. I was debating uh trying it out. I think this is the team from Um let me just check my DMs off screen
[41:33] here. I think that was the Oh no, okay, this is different. there another account linked to this? Cuz I recognize the PFP. And I'm pretty
[41:46] Cuz I recognize the PFP. And I'm pretty sure I chatted with the team. If I'm not wrong. Maybe I'm completely wrong here.
[42:01] They're they're a lot launching an NFT called Hermians. Oh, nice. I didn't even I'll definitely look into that. Thank Um Or maybe I did. I saw it a while back. I
[42:14] think I did. And that's why I DM'd them. I got to from uh Web3. They had like an NFT platform, right? Back in the day and then they we rebranded. Is that what it is?
[42:37] I'll look into this. Yeah, that's cool. Uh and then what's the other one? Oh there was that plant thing and then there was also Souls, which is getting a lot of attention. I see a lot of the traders in
[42:49] um in Waypoint our our our picked this one up and they were trading it. Uh let me Yeah, here. Boom. Yeah, here. Boom. Uh what was the mint price on these?
[43:04] Uh I didn't get into these. I didn't buy these, but they did well. everybody who cooked on them. Especially, you know, if you bought a lot, right? If you only bought one, it's like $5, but if you you know, you minted
[43:16] it went up. But the price went way higher than this. The price went to like like a meme coin and you got to you know, you got to deploy. You can't just know, you got to deploy. You can't just buy one.
[43:31] very soon for Waypoint. We're also going crazy? We're in 300 servers for Waypoint. We have reached like almost 400,000 people and we've done zero other than me talking about it, of course.
[43:45] main page. Um so we have a big website update coming soon. We got docs I'm getting too many DMs. >> [laughter] >> And but our community, join our Discord community. It's in the description on
[43:58] YouTube and it's in the bio of Waypoint on Twitter. Uh check it out. There's so they're having a blast. Like I I read the chat all day. You know, I try to to build the tools. Uh we got a lot coming. We got some really good tools
[44:13] that we're going to be launching too soon. We have the Alpha Bot joiner. We say them all, but we got like three things launching in the next few days. testers. Those are people who are contributing in the community. We're
[44:27] tracking everything. So, we got so much that I'm very excited to announce. And I right? Our volume bot is picking up things. Our mint bot is picking up a lot everything. Um So, yeah, very excited for Waypoint. Add
[44:41] have it for free with the Waypoint black uh Waypoint red. There is a free tier, got to go with premium, which is currently 50% off. Um we got to find the right pricing for it. And then, like I said, join our Discord community um cuz
[44:56] it's great. There's over a thousand people in it. Um and it's constantly active. So, I really love seeing that. And very excited for what we're building. But, with that, I am going to be uh wait, NFT runs in my
[45:09] veins. Archivist Guardian. Uh Waypoint, yes, sir. Waypoint is good tech. Thank going to end it here. Is the thing broken? Is it going Yes, good, it Appreciate everybody for tuning in. I will have another show on Friday, but
[45:23] videos, man. I'm going to do a video. You know, now man, I'll probably make a Hyperliquid tutorial or something. And then, I got some meme coin tutorials in the works, but uh I've kind of just been trading.
[45:36] Um in 15 minutes, there's an interesting mint from Louis Dazy. I'm excited about his art. Is it on OpenSea?
[45:59] 21st. Uh no, this one's tomorrow. So wait, I don't think it's on OpenSea. Uh transient Waypoint help me catch that Jack Butcher mint made 2K. Let's go. That's what we want to hear.
[46:12] Waypoint, dude, you're not going to catch the mints. Made 2K. catch the mints. Made 2K. Uh it's on Oh, transients or whatever.
[46:34] Yeah, for like $20 it's Oh, no, that's June 3rd. Uh the glyphs I saw they posted some art for today. Um
[46:55] These are all live. How do I see the What's it called? sir, I will. I will. I see your message, don't worry.
[47:09] Uh take care, have a good morning. Uh Louis Dazy. Can I find it if I Let's Louis Dazy. Can I find it if I Let's just search Louis Dazy.
[47:21] Louis Dazy. Uh there's there's two that are live. it's artist. I'm not familiar with him. Let's go check him out. Is this you? I
[47:36] don't mind if it's you, bro. You can chill all you want.
[47:56] into what I like. This is really nice. I like this. It's like Ghost in the Shell type of stuff. Um
[48:19] uh Ebisou also minting today. Her collection didn't sell out last two times. Is that one also on here? Impact Memories by Louis Dazy.
[48:37] the stream here. Appreciate everybody for tuning in. I need an outro song. I didn't set that up. No, it broke. Damn. Uh wait, let me hide this. Let me hide this. Boom. Um I don't know why it keeps breaking. I
[48:50] not break. Uh maybe my Mac Mini is going to sleep or something. Uh but yeah, Another show on Friday. We'll have videos all week. And look out for some announcements on Waypoint. Make sure to join Waypoint. Uh links in the
[49:03] description down below. Appreciate all of you. Thank you very much. I wish I had an exit song that was prepared. I do not. So, I'm just going to click the end button. Uh Summit Pocket Split minting in 10
[49:17] minutes. We'll check it out. Thank you, sir. Ending here. End broadcast.
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