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Memecoins Are Dead (Again)?

0h 50m video Published Jan 20, 2026 Transcribed Aug 1, 2026 C Crypto Gorilla
Intermediate 18 min read For: Crypto traders, NFT collectors, and web3 enthusiasts interested in memecoin trends, launchpad mechanics, and platform drama.
AI Trust Score 62/100
⚠️ Average / Some Fluff

"Title asks a fair question, and the stream delivers real memecoin drama, though padded with tangents and filler."

AI Summary

In this live stream, the host discusses the latest memecoin drama, including the collapse of Cow and Gas tokens, the rise of fee-claiming launchpad Bags, and the fallout from X killing InfoFi. He also covers market crashes, upcoming token launches, and the state of NFTs, while offering his perspective on founder responsibility and community backlash.

[01:45]
Katana and Cow pump-and-dump drama

Katana, an old samurai cat meme, saw a massive pump and dump after someone accumulated supply. Cow, a token tied to fog.fun founder Perpetual Cow, was heavily shilled on the timeline before crashing to near zero.

[04:38]
Perpetual Cow launches Frog and kills Cow

The fog.fun founder spent 200K to acquire 95% of the supply of his own new token Frog, instantly nuking Cow to about $700K market cap. Top holders show he retains 88.7% of Frog supply, raising trust concerns.

[07:26]
Bags launchpad and fee claiming

Bags is a launchpad where anyone can create a token for a person (e.g., a founder) who must connect their account to claim accumulated fees. Referrers earn platform and user fees, with one person making $800,000 just from referrals.

[08:40]
Gas Town founder's blog post and crash

Steve Yay JG launched AI project Gas Town. After being DM'd about $64,000 in waiting fees, he claimed them, earned $300,000 total, then complained about the burden. Gas token giganuked from $50M to $1M.

[17:42]
Mega ETH mainnet opening on the 22nd

Mega ETH announced mainnet opening to certain users on the 22nd for stress testing, with public mainnet to follow in the days after. Pre-market still above $2B FDV but down from initial highs.

[23:05]
Trove ICO controversy and refund delays

Trove raised $2.5M (garnering ~$11.5-12M at $20M FDV), then switched from Hyperliquid to Solana, delayed refunds, and dumped hype. Prediction markets show only 11% chance of staying above raise value, and a witch hunt is targeting KOLs.

[30:08]
Kaido launching agency Kaido Studio

After X killed InfoFi, Kaido is pivoting to an agency model focusing on X, YouTube, and TikTok. The host notes video creators may benefit, but criticizes KOLs who dunk on Kaido despite making high six or seven figures from the platform.

[34:23]
X's $1M article prize creates clickbait slop

X introduced a $1M prize for articles, leading to clickbait slop with similar art styles. The host argues most articles get views based on title and image, not quality, and wishes for a mute button.

[39:33]
No consistent profitability in memecoins

The host says the meta constantly changes and there is no way to be consistently profitable. Only 13% of prediction market traders are profitable, and NFTs haven't been profitable for a long time.

The memecoin space is chaotic, with founders rugging their own communities and launchpad models creating new controversies. While the market is down and many metas die, the host advises staying adaptable and watching for the next runner.

Mentioned in this Video

Study Flashcards (8)

What happened to the Cow token after Perpetual Cow launched Frog?

easy Click to reveal answer

Cow giganuked within two to three hours down to about $700K market cap, effectively becoming worthless.

04:53

How much of Frog's supply did Perpetual Cow hold?

medium Click to reveal answer

88.7% of the supply.

05:48

How does the Bags launchpad work?

medium Click to reveal answer

Anyone can launch a token for themselves or somebody else; the named person must log in, connect their account, and claim the token to make it official, earning accumulated fees.

07:41

How much money did the Gas Town founder make from fees?

easy Click to reveal answer

He made $300,000 from fees for nothing out of thin air.

11:05

What date did Mega ETH announce for mainnet opening?

easy Click to reveal answer

The 22nd, opening to certain users for stress testing before public mainnet.

17:42

What was the outcome of Trove's ICO raise?

hard Click to reveal answer

They raised $2.5 million but garnered up to $11.5-12 million at a $20M FDV, then switched from Hyperliquid to Solana and delayed refunds.

23:05

What is Kaido Studio?

easy Click to reveal answer

A new agency launched by Kaido focusing on X, YouTube, TikTok, and more.

30:08

What percentage of prediction market traders are profitable?

medium Click to reveal answer

Only 13% of traders are actually profitable from prediction markets.

39:33

💡 Key Takeaways

📊

Founder buys 95% of his own token

Shows how a founder can rug a community while preserving virtually all supply for himself.

04:38
📊

$300,000 from thin air

Highlights the absurd economics of fee-claiming launchpads where founders earn windfalls without building anything.

11:05
💡

Two sides of the founder headache

The host acknowledges both the burden on founders and the reality that claiming fees makes them responsible to the community.

15:26
💡

Clickbait slop wins on X

Explains how X's $1M article prize incentivizes titles and images over actual content quality.

34:23
⚖️

Why not launch an NFT

The host explains the stress and low ROI of NFTs in the current market, favoring sustainable memberships instead.

43:55

[00:27] another stream, the Monday stream. Uh trying to hit this three days a week videos a week, five days a week. We're videos. Appreciate everybody for joining. Uh today we're going to cover a

[00:42] lot about memecoins. The market overall has taken a tumble, but uh mainly stuff going on that we're going to take a look at and a few other things. The infoi stuff, a lot on today's list. Uh,

[00:56] we're going to run through all of it, but let me first share my screen. And I already have it set up. Boom. Boom. We're on point today. Okay. So, let's actually open the chat. That's what I need to do. Open the chat. Here we go.

[01:13] need to do. Open the chat. Here we go. What's up, everybody? Welcome. Welcome. know what I'm going to do? Actually, I'm going to switch over to the other screen going to switch over to the other screen so I can see the chat much better.

[01:30] Yes, a little bit bigger. That's what she said. Uh, okay. Here we go. Boom. So, let's start off with some memecoin drama. So, we got this beautiful pump drama. So, we got this beautiful pump here and dump on a coin called Katana,

[01:45] uh, which is a cat that is a samurai cat. Great idea. This is actually a very cat. Great idea. This is actually a very old meme. Let's filter by daily. Uh it's a very old meme that went to like 60s something million 70 million back in

[01:59] 2025 and apparently just somebody accumulated like a ton of supply, shield it somehow and look at this volume and then it was we're talking about it is because I saw people shilling this on the timeline.

[02:14] There was two coins that I saw just nonstop being posted on the timeline. nonstop being posted on the timeline. Katana less, but the main one I saw was Cow. And as you can see, cow looks quite similar to, let's go to the hourly, the

[02:28] Katana chart. It just lasted a little bit longer and people were really bo bull posting cow. Okay, people were into this coin. I saw a lot of people saying, whoa, voice crack. A lot of people saying, uh, I top blasted uh, GM,

[02:43] welcome everybody to the to the to the show. Appreciate all you everybody for showing up. Uh, if you could hit the the like button, that'll help the show reach a much wider audience. If you're on YouTube, I encourage you to subscribe.

[02:56] We are so close. We're like a hundred off from 75K. We are about to hit it. Um, but appreciate everybody for joining. So, yes, we had this coin joining. So, yes, we had this coin called Cow. Now, this was based around a

[03:10] platform called fog.f fun. From my understanding, has nothing to do with fog, but a platform called fog.f of fun where the founder here called Perpetual Cow, you could see his PFP is a cow. Uh so that's why I guess the coin came

[03:26] from. He wrote like this manifesto saying the trenches are dead. Let me zoom in a little bit for you guys here. Uh the trenches are dead. Uh but I'm saving them with fog. Fun kind of just, you know, going in on pump fun and how

[03:39] the fees destroyed everything. A lot of things are very shortterm, all pump and dumps. uh and just you know laying his his uh outline here. I saw a lot of Kos's saying like, "Hey, I'm top blasting. I'm top blasting." There was a

[03:54] blasting. I'm top blasting." There was a couple um here, you know, quote tweeting the post explaining like his thesis and everything. A lot of them hit like, "Yeah, bruh." Uh because as you can see on the chart, uh it went straight to

[04:06] zero. Now, the reason it went to zero is because perpetual cow, I don't know why he did this. Maybe he saw how well Cal was doing and thought, "Yo, I don't own enough of this coin. This isn't fair. It's my platform." Even though I like

[04:21] that's where the fees come in. Um he so he launched his own coin called Frog, which if we go to the platform, it's the number one coin currently. It was this morning at 100 mil. Now it's dipped 10%. Uh but he owns I spent 200K to acquire

[04:38] Uh but he owns I spent 200K to acquire 95% of the supply. So he acquired 95% of the supply of his own token and he's kind of saying hey this is the main coin kind of saying hey this is the main coin of my platform platform fog not cow. So

[04:53] of my platform platform fog not cow. So cow giganuked just instantly giganuked uh within three two hours here down to 1 million basically worthless now. I mean, million basically worthless now. I mean, it's not 700k for some reason. Um, but

[05:06] and and the frog token, as you can see, I mean, it had a pump dump very only 5% of the supply is circulating, right? So, when we see here, it's at 100 million. It's actually at 5 million because he controls most of the supply. But what

[05:20] he's saying here is like, yo, trust me that if this thing goes to a billion, I'm not going to giganuke it and make millions of dollars. That's how I look at it. which after what he just did to the

[05:33] other token, the runner, the the one that you know everybody was super hyped about and everybody was posting about. Um why not lock it then? Maybe he I it, which would be a really good thing. Um

[05:48] but uh yeah, if you look at top holders, he should be here at uh that's top traders. Where are here holders? He he has 88.7% of the supply. So, uh, just not a good move. A lot of people are really upset. I saw this post

[06:02] like, "Yo, you could have just endorsed Cow from the start. Um, never trust Like, people got wrecked. Yeah. You, your fans, the people who are loving your platform and supporting the main runner and bull posting got absolutely

[06:15] destroyed. You can't expect them now to come and support Frog when they just got their bags nuked and now they have to buy Frog at a 100red million. No thank buy Frog at a 100red million. No thank you. Like, uh, horrible move here. um

[06:28] from two devs. So, let's move on. Uh the next thing I want to talk about is this plat or we're going to talk about two meme coins now. I sold half my my cow at 15 million. That's great, bro. I'm really happy you got out. Uh thank you.

[06:41] birthday over the weekend. I don't like posting like it's my birthday, blah homie, he posted it in the chat. That's cool. If other people post it, I don't mind. Uh but I'm not going to come out and be like, "Yo, it's my birthday." Um,

[06:55] farm, I should have I should have farmed the engagement. It would have been a good play. Uh, are you streaming only on Twitter right now? I should be streaming on YouTube. If it's not live on YouTube, that is a mistake.

[07:11] No, it's live on YouTube. Yeah, you could check on YouTube as well. Um, so let's move on. So we have a platform called which is a launchpad called bags. Now it is doing really well. Uh in terms of the launchpads, it is currently

[07:26] second, but it's been like that for a while. Let's let's do revenues. Okay, it was third. We had uh Binance over the last 30 days, the four platform doing better, but it's been doing incredibly well already. Uh so it's not like new.

[07:41] However, there was some runners that spawned on this platform. So the way it works is anybody can launch a token for themselves or for somebody else. And what you need is for that person, let's say you launch a coin for Elon Musk. Uh

[07:57] you need Elon Musk to log into the platform, connect his account, and then connect it to the coin to make it like official, right? So what people are doing is they're, you know, DMing founders. Uh wait, I had the I had a a

[08:12] DM here. Ah, I'm ruining all the the lore. Yeah, people are DMing founders, please accept the fees. Uh, and that's exactly what happened on the I guess Let's just cover that coin first. So, there's a there's two coins. There's

[08:27] Ralph and there's Gas. So, this coin, as you can see, the chart looks horrendous. Gas. Um, this is it's called Gas Town. Like, it has something to do with Clai. I didn't even bother looking at like what Gas Town is, but essentially this

[08:40] what Gas Town is, but essentially this dude called Steve Yay JG Steve Stevie dude called Steve Yay JG Steve Stevie Boy. uh he launched this AI project called Gas Town and it was about two weeks ago he launched it and he was

[08:54] getting a lot of attention partially from web 3 right from crypto dgens and he he addressed it so he wrote this blog post about it but here he says hi gas fans thank you so much for your amazing support uh I got to split to a few

[09:07] meetings blah blah blah but I have a I'll be back this afternoon a huge post about bags going to take this viral you know the chart was doing really well. It went from 4 mil all the way to around 50 mil. Um, and was kind of chilling there.

[09:24] And then he does he drops the blog post. In the blog post, he talks about how he discovered the gas community, which is somebody DM'd him on LinkedIn saying, somebody DM'd him on LinkedIn saying, "Hey, you have $64,000 worth of fees

[09:38] waiting for you on this platform. You just need to go claim it." Um, and he that's that looks like a scam DM which is something he describes. He went to his bank to open a brand new bank account I guess to buy Salana. Like

[09:52] I don't know why he did that but um somebody from the community 100% would said I have no soul. I don't know what to do. Somebody would have sent him like 0.5 soul. Who cares? Uh if you especially if you own a a ton of of gas,

[10:06] right? You just want it to pump. Uh, and then he comes out and says, "Hi, Gas community. Uh, you know, I love everything. It's going viral, but it's been it's a tremendous burden and is taking most of my day." Which it

[10:20] probably is, and money. That's the one I don't like. Uh, no, only 64K. Wait for it. Wait, that's that's at the beginning that he claimed. So, it's taking most of that he claimed. So, it's taking most of my day and money. Dude, money makes no

[10:35] sense here. Uh, that's where my time has to go. I can't spend much time on CT. Uh, which I agree like he should be working on the gas community, but you and it just started to nuke. I don't know what happened this morning. I I

[10:50] these links saved. So, maybe he posted something, but it just giganuked here something, but it just giganuked here out of nowhere from uh nine down to 1.4 million. So, I'll I'll go to his actual page to see. Maybe he posted something.

[11:05] No, nine hours ago was his last post. Uh, so I don't know what happened there with that nuke, but he has made from the fees $300,000 from fees for nothing out of thin air. He was already building Gas Town. And

[11:20] you got to think how much how much more attent his His post went viral, wrote, right? How much more attention did he get for Gas Town because of these these dggins that were blowing things up. How much

[11:35] He got attention. He got clout. Um it it helped his web two project a lot. And he got $300,000. That's more than the average startup raises in preede funds to get their project going. So I don't like dude just code some AI slotbot

[11:50] that's going to post for you. I don't know. It's not the you have 300k. Hire somebody. Hire somebody to post for you. Um so to say I don't have the it's burning my money. Like dude, you just made 300k. you're not spending 10k a day

[12:03] here on tweets. Like it made no sense, but it went to zero or not zero, it's at 1 mil, but from 50 mil to to 1 mil. We're calling that zero. Uh so that was very unfortunate. And then there's another one right now which is nuking,

[12:16] but it was doing a lot better called Ralph which u it's by or it's a coin claimed by this guy Gio and um you know he has the Ralph community here. He's really embraced it. He's been posting a lot about it. Uh, so

[12:31] he's he's fully embraced it and the coin has held up better than gas. I feel it's bleeding off partially because of gas, also partially because of uh Can you

[12:43] I've I've been thinking about this. I'm going to probably post the night before. Um, but good idea. I'm working on a ton of stuff. Like, I want to get a a song going for the intro. I know people don't like the the the 30 second countdown. I

[12:57] know, I want better graphics. like I want to make this show something big. So yeah, I'm going to start giving warnings. Apologies for that. Um but yeah, so this I feel this coin is partially bleeding because of what's

[13:10] going on with gas. If we go to the platform, um we could see right now the main runners are just this. They're not even that high. Like okay, this one has a 259K market cap. Let's go look how much

[13:23] this person made. This person made 23 grand out of thin air just for claiming the token. Um, wait. Nikita didn't No, no, Nikita didn't claim a a coin. If Nikita were to claim a coin, dude, that thing would send. Um,

[13:40] so the other side of it, which my my bags link is in the description on YouTube, guys. Uh, I'll probably make a video explaining what bags is. My my Pump Fund video has done incredibly well uh over the past year. Like, it

[13:53] one of my most viewed videos just where I explain Pump Fun. Like no, I explain Pump Fun. Like no, no um clickbait title or thumbnail, no dollars. Just purely like hey this is what's going on with Pump Fun. This is

[14:07] how it works. 100K views. Like it's done so well. And I don't have a referral link there. Sucks. Uh but there are referral links for bags. And if you onboard people, you get platform fees plus user fees. So I guess they're

[14:20] trading fees or if they launch or claim a coin. I I gotta look into it fully. Um, okay. Yeah, here. Tokens launched. Wow. This person, did he launch them imagine through other users, but this person has made $800,000

[14:35] just by referring other people to the platform. Absolutely insane. So, uh, my platform. Absolutely insane. So, uh, my link in the description down below. Um, so that's the platform. I mean, it's been doing really well. It's a cool idea

[14:48] overall, right? You could fund your company by just claiming fees of people company by just claiming fees of people trading. However, the downside is web 3. A lot of these people, these founders have this dude didn't even know how

[15:02] crypto work. Like he had to go open a new bank account just to get Salana and those fees and get them into his account, right? So, um, I think we we

[15:14] need to find the middle ground here because people are are now DMing people, begging them to claim fees and like, dude, if I had a coin, okay, maybe if it was like a 100K, I'd claim it, but under that, I don't I wouldn't want the

[15:26] headache. Like, the main reason I never launched an NFT or a coin is because I don't want the headache. I don't want to deal with people who have expectations because I just want to go on vacation or I want to go to sleep, right? Uh it's

[15:40] really uh it's a tough thing, but I see both signs sides of the coin. The dude here. Anybody saying like, "Oh, these poor founders who are dude, the guy made 300 grand out of nowhere." Okay, he's not the victim. Um he chose to claim it

[15:55] and I'm not saying people should harass him. you have no right. Like he's not responsible for your bags or the coin going down. You should have sold when you were up, but uh I see both sides of the token here. I I feel bad for some

[16:09] founders at the same time you made 300K. Like if I made 300K, I'd deal with some Like if I made 300K, I'd deal with some people [ __ ] on me. Um so yeah, now So we're going to go full screen. I should have done that as a smooth

[16:21] transition. Let's look at some comments. Um Mega Manet launching on the 22nd. Is Um Mega Manet launching on the 22nd. Is it? Did they say it? it? Did they say it? Mega ETH?

[16:38] No way. We're opening mainet to users for Okay. Is it full users? Wait, sorry. Let me stream again. Um, I'm closing this and then I'm going to uh Which screen was it? It was this one.

[16:54] >> Sorry, I got to get better at this process because I have too many links process because I have too many links open. Uh, share screen. Share screen. I That's going to bother me. Um, we are

[17:08] That's going to bother me. Um, we are on. Is it this one? Pump fun. Yes. on. Is it this one? Pump fun. Yes. Window. Actually, pump fun. Bada boom. Here we go. And mega. Sorry, I need to close my curtains.

[17:28] Uh, boom. Different layout. Here we go. Uh, so thank you. Thank you to Gora. Gora 8413. Uh, yeah. It seems like they just announced Mega ETH is

[17:42] opening up on the 22nd for mainet. Um, okay. It's not public mainet, but it'll follow in the days that follow. So, they're going to open it to certain they're going to open it to certain users to stress test and then uh Hey,

[17:56] for tuning in on YouTube. I like the YouTube support. Um, yeah, not the coin. Yeah, this will be over a week. Who are these guys? Uh,

[18:10] random PE developers that people are finding that have projects and they're a coin for him and try to get him." They're fishing, right? It's just web through Dgens's launching a coin, buying up the coin and then spamming that

[18:25] like you're you're going to your nineto-ive or you're going to your job while you're working on a on a side project and then you have these people saying like, "Hey, there's 50K waiting for you. Hey, there's like you know, you

[18:38] have a mortgage to pay. You just had a kid. Uh why didn't he just claim the money and never talk about the coin? Cuz he can. You totally can." But then, yeah, you totally can. That's that's a good point. Like, you totally can. Um,

[18:53] that's something you can do. GMG Rickstar. Uh, okay. So, hey, Mega ETH mainet finally. That's really cool. Um, hopefully it's doing well. I got to I'm going to DM some teams to see how the test net went.

[19:08] That's really great to hear. Finally. Um, we we'll take a look at Mega E secondary mark or pre-market in a bit. Uh so we have continuing the memecoin trend. We have Pump Fun saying it's been exactly

[19:20] one year and 364 days since Pump Fund launched. Uh you know what what has been to hear a lot of people commenting like, "Hey, it's been exactly 175 days since you promised an airdrop. I saw a few airdrop like this one got uh some pretty

[19:36] billion and didn't do an airdrop." Obviously a lot of people want that Obviously a lot of people want that airdrop. Uh so me included, right? But the team can do what they want to do. Um, Pumpcoin has pretty much been down

[19:50] Um, Pumpcoin has pretty much been down only since launch. Currently sitting at only since launch. Currently sitting at sub or at 2.5 bill. Um, let's go look. But the overall markets have crashed. Like I said, this crash on

[20:02] Bitcoin was so ridiculous, dude. Out of nowhere. Um, yeah, out of nowhere. Look at that candle. Insane. I was wa I should have watching it. It felt like we were going to go down. We Bitcoin was going down

[20:17] and altcoins were holding steady and I knew I just should have shorted. But uh Greenland and you know the the tariff war now between Europe and and America. Dude, to me this was like coordinated dump. Like it made no sense in one shot.

[20:33] We went down so aggressively and uh made no sense. Um, but the whole market like I'm seeing people dunk on now Aster and all these coins like everything dumped. Aster. Maybe there is something behind it. I saw they just started buybacks. So

[20:47] it. I saw they just started buybacks. So that sounds bullish but um make it a little bit bigger. Cool. Let's move on here. Uh so another coin coming is going to be by Meta Alchemist. Meta Alchemist. Uh if you comment in the comments and if

[21:01] everybody, me included, uh are putting their wallets. He's replying to some people. You replied to me. Let's go give me some coins. Uh because if we look at the tweet, uh he's he talks a little about bit about this thing Idea Ralph

[21:15] does it for you. He's been vibe coding for a while. He live streams all of his vibe coding. Um so he says here idea Ralph is going to have its own token with no raise all air dropped. Look, we've seen some airdrops before. We had

[21:30] did nothing, right? It's not guaranteed that this is going to do well. Uh, also interesting that they're doing it on base when most of these coins have been base. Hopefully, it does better. Typically, ETH stuff when you get a

[21:43] runner, it does really good. This is base, so it's different than ETH. But, uh, I hope it does well. The only thing I don't like is that it's it's Ralph. Like, there's already a Ralph coin. Um, which is Ralph. So, yeah, gold hit a new

[21:59] which is Ralph. So, yeah, gold hit a new alltime high. Really frustrating. Um, no, it happened last night. I Okay, I guess. Yeah, US premarket when US pre-market opened. Yeah, good point. Uh, yeah. The only thing I don't like is

[22:12] that it's Ralph and like we just looked at, we already have a Ralph coin. So, but yeah, if you quote tweet it, you can get up to a 250x multiplier on your airdrop. Uh, you know, InfoFi is dead, but he he kind of revived it here by

[22:27] saying, "Hey, give me a quote tweet." And it got 1.3 million views, so a lot of exposure. did really well. Um, so this was cool to see. Hopefully it does well. Like no guarantee, but uh I really hope this one does well. I DM'd him to

[22:40] get him on the show. Uh we'll see if if that happens just to discuss uh like what's what's going on with this coin. But let's move on here. Uh okay, this section is unorganized because I just threw all these links together. So let's

[22:52] just talk a little bit about Trove. So Trove is an ICO. They ra we spoke about it in the last two episodes. They raised um tw how much did they raise? I think it went to 12 mil at a 20. They wanted to

[23:05] raise so they raised 2.5 million but they managed to garner up to 11 a.5 or they managed to garner up to 11 a.5 or 12 mil um at a 20 mil FTV. You know, I was watching a poly market the whole time and it just didn't make sense

[23:17] there was a very low odds that it was going to be above uh that it was even going to be a 2x but even above a 20 mil. Now you can see there's 11% chance that it's above the raise value. And currently they add I this is funny. Poly

[23:32] market added a five mil here. So there's a 61% chance it'll be above 5 mil. 24% chance it'll be above 50% of their raise level. Insane. But I'm not shocked at all. Like when we talked about it in my previous videos I was saying uh like the

[23:47] metrics that they're flexing are test net you know 1 billion volume. It's very low for even for test net. So, like, how is this a flex? 24K users on test net. How is that a flex? Like, that's those aren't good numbers. Um, but they've

[24:01] raised the money. People were hyped. They had a lot of people bull posting They had a lot of people bull posting them and then now they've just delayed. They they went from they were supposed to launch on Hyperlid and they bought a

[24:13] or they said they were going to buy Grove on Hyperlid. Now, they've just Grove on Hyperlid. Now, they've just been dumping their hype. Um, and they uh they switched from from Hyperlquid to Salana. They haven't refunded people yet

[24:26] for the raise and they're saying like, "Hey, switching to Salana, it's taking longer for the refund process. We need more time to do it correctly." Like hopefully they don't mess up the refunds and that money doesn't evaporate.

[24:40] But a lot of people are extremely extremely upset. You can see the comments here are just people complaining or like laughing. uh jail time. Um and there's there's also a witch hunt

[24:52] now for you know Koss. If you had a badge in your name, you're the devil essentially. How much money did they make? They were paying $5,000 a month. First of all, every single one of you watching would

[25:05] have taken a $5,000 a month paycheck to put Trove in their name. Okay? So, let's not play. Okay? Let's not play. Um it's maybe even something I would have taken. Not not cuz like oh let's let's rug. A lot of people were thought this project

[25:20] looked cool. Like even go watch my previous video where I say like the idea is cool, right? Being able to short long and short Pokemon cards. It's still on test net. So that's the risk. Like it's untested. That's why I don't really like

[25:33] working with projects that haven't um you know launched their product even. They're trying to launch a coin or do a raise. Like that's why I never work I don't like partnering with uh upcoming NFT projects. At least not the DJ runs,

[25:46] right? If you have a a solid product, cool. But if it's like a I always get asked, do you want to work with oh this random IP PFP? Like the risk is way too high. And you know, you don't even have a product. Um so you know, these people

[25:59] took that on. I get it. Uh but at the same time, like are they evil for for doing it? Like no. I think one, you know, everybody wants a paycheck, but two, everybody thought this product was really cool. People were bull bullish on

[26:12] it, right? A lot of people like the idea of being able to long and short Birkin of being able to long and short Birkin bags or Pokemon cards. Then it turns out that they were lying to a lot of I saw Serpent posting DMs where at first they

[26:25] were saying a lot of things to him that weren't true or like they, you know, they they changed um the data. We we see they now they completely switched up, people to support them and now they're going on Salana. So, I think a lot of

[26:38] these guys, even though they made money, a lot of these guys got screwed over, Should they have could they have done more due diligence? Very possible. But I don't like this witch hunt that happens after details are revealed when

[26:52] stuff and it becomes so obvious that it was a rug. Meanwhile, before that, everybody was posting like easy 4x, easy 2x, like I'm putting into this this uh ICO and if you don't, like you're dumb.

[27:06] Um, so look, they did some really scummy [ __ ] They were paying people. They excusing any of it, but but you could see I think was good one of the people who was on the Yeah. Good right here. Uh, and you could see like he's saying

[27:21] they're trying to hide their faces. They lost their badge obviously. Um, so I whenever this stuff goes on. I think people are engagement farming for

[27:34] get if they post this kind of content. they're jealous that they didn't make the 5K or they're just they like hunting, right? You want to destroy somebody else. So, I don't like it. Uh

[27:46] but yeah, you know, I wasn't I said I wasn't putting money into this. Like, what I did play was the commitment markets because I find those cool. Uh let's look if there's any more upcoming. Um, yeah, one of the worst executions

[28:01] I've ever seen. Agreed. Like the team is just completely horrible. Uh, hey, welcome to the show. Welcome to the show. Um, we only need five mega ETH at five bill. Uh, I don't think so. Uh, let's look right here. Pre-markets. Uh,

[28:15] we have Mega ETH. What are the odds? Let me just Sorry, let me just open my wallet so it stops uh popping this up.

[28:35] than 50% believe it's going to be above two bill FDV. Let's go see on the two bill FDV. Let's go see on the pre-market here for uh

[28:47] Oh, people are playing Arc Raiders. Uh I just got the alert. Uh it's it's still above two bill here, but yeah, it's uh a long way down from where it originally long way down from where it originally started. And

[29:00] um you know, I don't like seeing this, but I think I do think it's going to do well. I I do think it's going to be profitable. Um so I'm not worried, but we'll see when they when they want to

[29:12] launch. Uh and then moving on, thankfully, last episode we spoke about this a little bit. uh thanks to ox cipher who who brought this to my attention but essentially last week x killed infoi right I'm seeing everybody

[29:27] uh you know freak out about it everybody started posting you know the top 10 they're doing that because they want to get in the good favor of agencies I have my I love I work with a lot of agencies or a lot I work with like three agencies

[29:42] um that they do really good work at the same time I think a lot of agencies are get you the Koss but the marketing plan

[29:54] if the marketing plan in general sucks it's not going to do well so um you know the agency model as well and how they operate but anyways Kaido is essentially launching

[30:08] their own agency called Kaido Studio I really love this they're going to focus on XY YouTube Tik Tok and more so if you're a video creator like now could be your time to shine Uh, I really like that, you know, as a YouTube. I feel I

[30:20] didn't take advantage of the X meta at all, which was super beneficial. If you were in that top pool of Kaido creators, like you were your engagement went up right? Uh, the rich get richer, as they say. Uh, and it's funny now I'm seeing

[30:35] some of the those people just completely dunk on Kaido and and Cookie and stuff, saying like talking about like, let us unstake, you know, you screwed us, but growth did you make because of this platform? You know, you made high six

[30:50] figures if not seven figures because of this platform and you're complaining. Uh I don't know. I'm seeing a lot of a lot of these Koss like just completely dunk on them and it's to me it makes no sense. Um

[31:04] it's it's also engagement farming because people are mad at Kaido. So that's just uh you know, you're always trying to lead the mob in order to to get that engagement uh because they'll keep engaging with you. Yeah,

[31:17] YouTube. So they're expanding to YouTube. I did see um Oh, a lot of people were accusing them of oh insider trading you guys knew obviously they're going to know like it's their company and they're in contact with X here. He

[31:30] explains like X sent them emails. They didn't talk to X. They just got some emails of changes that were coming. Do you think Yoohoo Do you think Yuoo like was on Poly Market or like shorting his own coin? Dude, his whole company the

[31:44] model of his company just got destroyed. Same for Cookie. Like their model just crying like, "Oh, you were probably frontr running." That's just jealousy. frontr running." That's just jealousy. That's just jealousy. Um yeah, Whale is

[31:58] shade at Whale. He benefited a lot and I see him completely dunking on on Kaido and it's like you benefited a lot here. You know, you should be appreciative of You know, you should be appreciative of the time that you had with with Kaido

[32:13] them and yelling at them. Uh but I could also understand the frustrations that he has towards Cookie who are not unstaking his funds. Like the lock the the lockups remain unchanged. I understand the frustration but you know you locked up

[32:28] your funds. Yes, the platform changed, but like they say here, like we never promise that it's linked to the campaigns. Uh obvious locking it up, if they're keeping it locked up. But um again, I understand

[32:42] both both sides like Cookie doesn't want their coin to just go to zero and their whole platform to go to zero because now people are just going to leave. So I can people are just going to leave. So I can understand uh both sides of it. Uh what

[32:55] do you think about the Seeker airdrop? I didn't look into it enough. That's the the phone. I didn't look into that airdrop. Um yeah, I'll have to look into it. Uh but yeah, so it's unfortunate for the both of these platforms. You know,

[33:08] ideally they they do manage to stay successful and pivot. Um their coins got completely decimated and I'm sure with the market crash now the coins are down even worse. Yeah, sub 50 cents still has not

[33:24] little. No, this is where it started to crash. It's just been down only since then. And then probably a similar looking chart for Cookie. Yeah, Cookie down. Uh, way bad. So, yeah, unfortunate for both of those. Let's go.

[33:41] Oh my god. Let's go look on OpenC at the Yappy Baras. Um,

[33:53] I can't even 0 2. So, my screen's way too far cuz if not, blocks the C. I messed up my camera angle, too, cuz I was filming around my apartment. Um, so yeah, Yappy Baras at 02. Uh, hopefully they find some good

[34:08] 02. Uh, hopefully they find some good utility for these. But, um, yeah. So, funny enough, X kills InfoI and then they come out and they won put a million-dollar prize for articles. I'm sure you guys have seen the article slop

[34:23] that is on the timeline. Horrible. Hor the main one. And look, I I quote tweeted one as well. I spoke about uh revenues because a lot of people are saying like, "Oh, they deserve why this guy deserves to win the $1 million

[34:36] prize." Um yeah, right here. Like everybody's saying, "Oh, he only got $4,500 for this artic." What do you mean only? The dude wrote an article probably Imagine getting Would you not want

[34:50] $4,500 bucks for writing one article? Yes, it went viral. Uh, but how many people actually read this? I' I'd argue less than 1% actually read this article or spent more than 30 seconds on this page. What articles are are YouTube

[35:04] clickbait. It's all about the title and the image. That's why all the articles the image. That's why all the articles using similar art style to this are now getting a crazy amount of views. Let's go see $1 million prize winner. That's

[35:17] funny. His Yeah, this one's at 5.6 million. Uh it's not c catching the same type of traction. I saw a lot of people saying It's going to like No, typically the first one does really well, the second

[35:30] one not as well. And I guarantee you nobody's reading this article. How to we're seeing a bunch of slop articles where people are doing one minute and there's nothing. It's it's all just clickbait. I hate this meta. I wish

[35:45] Elon, please give us a way to mute articles. Um killing the reply guys as well here. Uh Nikita saying wrong replies don't count

[35:58] anymore. Uh only timeline impressions now make money. So eventually they did. without any transparency all you want, you've consciously evaded accountability and criticism on your role. Shaping

[36:13] exact culture. Yeah, a lot of people are are doning on Nikita. Um, here I did see Zack XBT saying if you really want to cause chaos on the site, if you ratio somebody's post, uh, you should be able to steal their earnings. I completely

[36:28] disagree with that because this is the easiest website to bot. Um, so here, if you get more likes, then if you reply to something, get more likes. Should you steal the earnings from the original author? Like, nobody would be creating

[36:40] point? Uh, you're just going to have a bunch of people constantly trying to become a cesspool. It's going to become extremely toxic. Um, if they did that, they want to do it. I did see this post by Zir. I have not gone to verify the

[36:57] information but apparently you know threads web traffic has been increasing and and uh X has been going downhill again don't know if his data is is accurate uh I don't know if it has to do you know with in I the

[37:13] accidentally click it when I'm on Instagram that is the only time I visited threads I've never used the platform maybe I should start um

[37:25] But yeah, I don't know about you guys, my timeline has been pretty bad. It's on and off. Some days it's good, some days it's bad, but you know, okay, right now it's bad, but you know, okay, right now it's very much about um

[37:40] funny. Um, yeah. Some days it's good. Some days yeah. Some days it's good. Some days it's just a ton of of of like political Okay, it's it's not doing it now that I want to show it, but dude, it's just a

[37:53] ton of of click of like ragebait videos or political stuff or like one word with a video. Um, okay. It's good. It's good. This morning it's there's none of that. But yeah, my timeline has been just completely hard.

[38:08] It's like Twitter is becoming more or less less useful over time. So, I really don't like these uh these updates that they're doing. They haven't been good at all. And uh it really promotes clickbait stuff like here, how to fix your

[38:23] click this [ __ ] Like I don't I don't even want to look at it. Um but they're everybody's using this art style and because all articles are, you don't even need to write a good article. You just need a good image and um a good title.

[38:39] One. Another one. Wow. Another one. Can we please can you let me mute? I'm just what I'm muting. I'm just going to mute how to fix your u because it's just horrible. I do not want to see this at all. Complete slob. And they're

[38:56] million dollars. Like everybody's competing just to get views. They're not competing to write a quality post. They're competing to get views and They're competing to get views and engagement, which is clicks. U but I'm

[39:09] most views. It's probably going to be who wrote the I don't know how they're going to judge it because how do you judge who wrote the best article? Um but yeah, I think that's it for for today. If memes are dead, what are the other

[39:21] ways to benefit uh profitable consistently? Consistently uh profitable consistently? Consistently that depends on you as a trader. Um,

[39:33] prediction markets. That's one of the metas but uh I think I had seen an article from last year where only 13% of traders are actually profitable from prediction markets. So it's not, you know, it's not free money there. There

[39:48] is no way to be consistently the meta is continuously changing. Every few weeks dead. We're going to get some runners. zero, right? We had like four coins just go get completely rugged. At the same

[40:01] time, the market just nuked. So, uh we we might slow down a little bit. Maybe not. Maybe there's a runner today and it runs to this stuff always happens. So, I it's always worth keeping an eye on the trenches, but consistently make profit.

[40:15] Like, dude, the meta is constantly changing all the time. Um, you know, NFTs, like NFTs haven't been profitable for the longest time. Uh, you

[40:27] them, but you know, I would have made a lot more money if I just pivoted to memecoins or pivoted to something else. Um, we're having we're on a little dip here with most NFTts. Uh, apes are at like

[40:41] six and a half. Pudgiey's at five and a half. Moonbirds just broke under two ETH. Hopefully they hold. U Good. Vibes clubs are up. Nice. approaching one ETH. Where are Chimpers at? Chimpers on a dip as well. Um we have the Heavy Metal

[40:55] launching their or not them launching or I guess yeah that they're going to be I guess yeah that they're going to be they're going to have their own um token works token. So they got a sweep that went from like 007 to 0.13 or even even

[41:09] went from like 007 to 0.13 or even even less 006. Uh we need a STEMI [snorts] to pump the space. MetaMask save us. Yeah, we need a lot of these tokens to launch, right? And a lot of people want OpenC, they want Pump Fun, they any news on

[41:21] they want Pump Fun, they any news on OpenCTGE? Nope. Uh I have no insider. And again, if I did, I wouldn't be able to share it, right? So, to share it, right? So, um Q1, they they've said Q1.

[41:34] Is my is my thing lagging? I think Let me close the browser. Yeah, my browser is lagging. Let me close some stuff here. Hopefully, it doesn't mess the stream. Okay, it's back. Um, yeah, no, no news on on TGS for anything. The only

[41:49] one we got was Mega ETH, which is we don't have TGE info, but at least we know mainet is opening up on the 22nd. Uh, thank you, Vivic, for bringing that news. And then, um, they're going to slowly roll it out to more and more

[42:03] people. So, that's cool. But yeah, other than that, hopefully we don't go back to focusing on content, right? Uh, I've grow as a creator. I want to get sponsors. If there's a show watching

[42:16] there's a project watching that's wants If there's a project watching that wants to sponsor the show, I will gladly take uh from a good reputable company a sponsorship Gorilla Save Us. Time to launch the Gorilla Memecoin or NFT. Uh

[42:30] I'm just kidding. No, no intention on doing that. But uh yeah, we're going to end it here for today. Appreciate everybody jumping in. Uh, I'll most likely have a video tomorrow and then if if there's enough news, like these

[42:43] streams depend on the news. That's the thing. So, we need things to happen. If I will do another stream on Wednesday. If not, uh, it'll most likely be Friday. If not, uh, it'll most likely be Friday. Um, do an NFT, I'll buy. No, you want to

[42:58] want to be able to you want me to pump it under, which I'm not I'm not accusing you. if I if when somebody else launches an NFT, I want to do the same thing, right? I'm I'm a flipper. Uh but no, it's just not worth it in this market

[43:12] especially, like how much money would I be able to raise for an NFT? I wouldn't do an NFT unless I raise millions and I make millions. Like I want to I want to make a lot of money off an NFT. And we aren't in that market. We haven't been I

[43:26] should have if I was going to launch one, it was back in 2021 when all the other YouTubers launched their their NFTs for their group. Um, but I didn't and that ship has sailed in my opinion. Uh, I would never launch an NFT unless

[43:42] like a big chain or something, you know, if Bass was like, "Hey, we want to support you your NFT and uh I would get they would have to agree to you, you know, provide liquidity in it that it goes to a Zern floor or something."

[43:55] That's the only way I would launch an NFT to be honest. if not like dude it's too much stress and too much work and uh you know I have my channel I have my YouTube I have I'm doing Twitter I'm trying to trade keeping up with the

[44:07] market um it's it's too much and then on top of it I'm going to now be the founder of this NFT that I'm constantly getting bombarded like oh like pump the floor you could do a membership NFT I don't even I don't even

[44:21] membership NFT I don't even I don't even know how well that would do um and again it wouldn't be enough money I would rather ther just run a monthly paid group. Like if I do a membership NFT, it's a one-time payout, which is

[44:34] what people did in 2021, but they raised two, three, four, $5 million. Like doing it now, like, how much would I be able to raise? 200K. Like why would I do a lifetime membership NFT for 200K? I would rather just run a group and make

[44:51] 150, 200k a month a year through that group. that that's a sustainable which is what I've been doing for the last five years. Now I've slowed it down. Uh it's currently on pause u because you know the market's just bad and I I don't

[45:04] even I don't want to charge people like I feel bad um with the state of the because a lot of people that are still in Guerilla Labs have been there for don't realize. Like there's a lot of OGs in there who whether the market is good

[45:18] or bad have stayed. a lot of them made ridiculous money in 2021 and 2022, right? There's some people who made six figures just in that period. Um, so I

[45:30] and yeah, I recently made I paused their payments and just made it free for existing members um until the market turns around or until something happens.

[45:42] Um, but yeah, launching a membership NFT doesn't make sense because I'm just doesn't make sense because I'm just getting short-term money supposed to pay employees long term? Um,

[45:54] it doesn't make sense. Like I look, one that has done a really good job is Funkari, but you know, where's the funding come from? Like um launch a money a monthly membership, but then it would kill the NFT. So it's like

[46:08] then it would kill the NFT. So it's like I find you rough place. Um I got some DMs I want to go read. Is

[46:21] I got some DMs I want to go read. Is that alpha? Did I just get alpha? I'm not streaming right. No. Um

[46:38] mainet. Uh okay. I appreciate everybody being here. Uh, no NFT or or memecoin by me just yet. Maybe one day. Uh, what I really would want to do is just have a company, you know, a sustainable company. No token, no m token. But, um,

[46:54] yeah, that that'd be good. And it brings in revenue. That's what I want. Or just into something bigger. That's what I would want. Um, you know, Daily Bone or a Rug Radio type of thing. Build it bigger.

[47:09] util utilities like discounted membership or more luck on whitelist but yeah that's no it's white dude whitel lists don't do well anymore like what what's what's three hyped white lists that are coming up like

[47:24] none like I don't know uh there's white lists just don't do well that's the problem nobody cares what's what's upcoming NFTs that you're although I I've stopped researching as much NFTs

[47:38] Uh it NFTs became slot. That's what I realized. I was like I I love NFTs. I love trading them. I love the lore. I love talking about them. But uh my DMs are just like slot. I was like why am I even chatting with these

[47:51] people? Like they're just launching slop. Did Becker ever drop his memecoin? Uh yeah, he did. It was just a short-term pump and dump. It was it was horribly handled in my opinion. Uh he he waited way too long. He did it on Pump

[48:05] Fund. Yeah, it was horrible. He really He waited way too long. He had If he would have launched it really fast, it would have gone 100 mill and above, but he waited months. He made you do all this

[48:17] work and stupidity and then he launched it, the stream crashed on Pump Fund. Uh he was giving away tens of thousands of dollars to random streamers. like he burnt all the fees he made from it by giving it away to random

[48:31] people who were just they had a short-term reaction, but that was already a meta. There was already other coins doing that. Um, would you still invest in art NFTTS if the I mean, yeah, I would still get I like I love Sam

[48:45] Sprat X Copy. I think those are if NFTs last and if this is real, I think those have uh good long-term potential, but doesn't mean long-term potential, but doesn't mean it's not going to go down short term.

[49:01] OB, I I wouldn't be doing this if I didn't. And uh especially art NFTs. Those ones stand out. There's like a you know, similar to um the traditional art. There's like a a a group of people around it who are incentivized to keep

[49:16] the prices high. They do some tax stuff, whatever. So, uh yeah, the Becker I don't honestly I don't even remember the name of his memecoin. That's That's how bad it was. Like I don't remember what it was. Um but yeah, it was very it was

[49:30] it was. Um but yeah, it was very it was very poorly handled. Um yeah, but that going to end it here. Appreciate everybody for tuning in. If you haven't hit the like button, it'll really help me. Um NFTs are so much more fun than

[49:44] meme coins. Completely agree, dude. NFTs, trading NFTs are way funner uh when they run. But yeah, uh thank you everybody. uh either so video probably tomorrow, but um in terms of live streams either Wednesday or Friday, but

[49:58] especially on YouTube. YouTube I could post in advance like, "Hey, this is coming up." Uh but yeah, appreciate everybody. Peace.

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