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gm Solana is the #1 daily morning show for the Solana ecosystem — recorded LIVE on X Spaces with open mics, degen energy, and daily giveaways. We bring you the headlines that move markets, wallet flows, launchpad runs, and the unfiltered pulse of Solana. A Gary Club Show.
Gary Club 00:05:56
Quick disclaimer before we kick things off. Everything you hear on GM Solana, whether it's from us, our guests, contributors, or even the comments, is just for educational and research purposes. None of this is financial advice. The markets move fast and there are real risks. So make sure you do your own research before making any decisions.
Gary 00:06:17
GM GM GM Solana. I've got to tell you, if I get a little sidetracked today, my neighbors, they it's this house and a large Hispanic family lives there. And. And it seems like different people come and go, but this morning they're just blasting rap music. So if I get sidetracked or if you hear me, you know, not not tapped in, it's because like over my headphones in my office, I can hear their bass thumping. They look like they're going to have a great day. It's 8 o' clock in the morning in Austin, Texas, and they're starting the day out right. JJ how you feeling?
JJ 🦒🦒🦒 00:06:53
Hey, GM Jam, everybody. I am blessed today. And I can say, Gabriel, being from a large Hispanic family, there's one of two things that come into mind that's probably happening there, fam. Either one, they got up early and they're doing a huge cleaning. Like, you know, like, parents are up and, you know, they got the mops out, dishes going, laundry going something. Or you got some teenagers that got the crib to themselves. You know, both mom and dad had to work or whatever. And, you know, it's, it's, you know, they're doing Call of Duty or something like that. But all that to say, man, we are blessed. I am super excited for today's space. I need everybody to participate, fam.
JJ 🦒🦒🦒 00:07:32
I need to see more and more and more comments in the Purple Pill. Let me see the GMS and the Purple Pill. Hashtag gm Solana. Let's get it trending. Let's go ahead and spam. I see Niecy spamming. I see em E. Map 3. Peyton, Leo, Dunk, Maui, Nancy, Larry. Going ham. Meat man. Going ham. I appreciate the energy. And then up on stage, squid. Gary, Gary, Gary Club account. J Chains going hard with the, with, with the hack and the emojis, man. It's. It's just a vibe today, Gary, but I'm gonna throw it back over to you right now, fam.
Gary 00:08:11
Yeah, it is a vibe. I love days like that. Lots and lots and lots of energy. Lots of stuff going on on chain. We're going to get over to J Chains in just a few minutes and talk about Solana and talk about speculative, speculative capital markets and, and what that means. We might play out some of our thesis on some things that we're speculating on. But before we do, let's jump into some of the news from Solana. Post. I've pinned up a bunch of stuff, kind of of interest here. Ex Head of Product Nikita says that you're not going to get rich on meme coins. You're going to get rich by creating content on X, right? So he.
Gary 00:08:48
If I actually just read the post, it says if you want to get rich on X, it isn't going to be through creator revenue or meme coins. Instead, think about one subject matter that you know more than anyone else in the world. It can be about anything. Plumbing, menswear, Indian food, furniture, social apps, whatever. Post one unexpected insight you pick from your experience in that area. Keep it under five sentences. Do this every day for six months. If you stick to it, we will promote your account to others. By the end, you will be recognized as the world's leading expert in the subject area.
Gary 00:09:24
And you can charge whatever you want for endorsements, your time or whatever, and no one will be able to take that away from you. And that's, that's true. So yesterday, just part of our news update this morning, yesterday they x released a new algo. And this is Nikita. And his job is to kind of build this product now. And he's giving you some insights into what the algo is looking for. So for you here, you know, one of the things that's just been a weakness in our community, I think it's a weakness in a lot of communities, is they don't have thought leaders on the timeline.
Gary 00:09:56
They have bullish people that wear the PFPs and they have reply guys and they have, you know, posters, but they don't have, there's not a lot of thought leaders in crypto. And those thought leaders often don't lean into just one community. They may lean into a broader ecosystem like Solana or, you know, the, the crypto market in general or Bitcoin. But if you are here and you're in a community, whether you're a giraffe or whether you're, you know, anything else, I see the Solana strays in here. So it doesn't matter what your PFP is. But take this advice, right?
Gary 00:10:32
Post your, your couple of sentences a day about what you're an expert in or what you're, you're learning in crypto. Become a thought leader with your profile in crypto and then you can make the kind of money that we were talking about the other day where a titty's making $60,000 for a post. You know, you can get DMs where people are saying, hey, I need your help getting my message out and I will pay you for that. So if you're here and you're in crypto, you might have another profile, and that's fine too. But if you're here and you're in crypto, that's my recommendation for you here inside of Crypto Twitter is, is start building your brand.
Gary 00:11:11
Become a thought leader. Become a valued member of that community. Grow an audience of people who want to follow you. Everything will work better. You trade better when you have copy traders. So if you share a bullish thesis on a token and you've got a hundred people or a thousand people that follow you, they're going to go deploy capital with you. So you're going to trade better, right? You're going to make more money because you can then charge people to post on your profile. It's going to give you more opportunity. You may be able to flip that money into things that you're bullish on. You may be able to take that money in 2 exit or 3x it or 5 exit or 10 exit. So if you're spending time in crypto, it's an absolute fumble of the bag if you're not spending some time growing that brand.
Gary 00:11:50
Let's get into the rest of the news. Troll Coin Yesterday they had a huge day. So Troll was just up massive. They're the biggest gainer on Mob Screener. Moby screener. They're up 21.61 on the day. But they acquired some IP of the troll meme. So the troll face IP rights, they acquired that. So we can talk about that a little bit today. Gainsy. So we had two. We call them rugs. I don't know that they were. They weren't. We had two rugs yesterday that happened in Salon in these creator coins. We had Kook and we had Gainsy. Both are interesting characters. They. They have their way of doing things.
Gary 00:12:30
Gains. He said he up and fat fingered and and red candled his coin and sold all of these tokens. He obviously came out and said I'm working with Pump Fund to make this right. There is no way to make it right. But that is what it is. Kook on the other hand did a kind of a bit of a pre sell. I think he raised like 600 Solana and and then the token Rugged Kook says he was hacked. So to cook. He was. He was. It was not him. He did not Rug. He was hacked to Gainesy gains. He got excited and clicked the finger and pushed the button and sold all of these tokens. So he did it on accident. But those were two pretty big red candles that happened in the market yesterday. What else is coming in here?
Gary 00:13:09
We had some other tokens start to launch like Gains Extreme and stuff like that. Just, just kind of poking fun. Most of those were rugs. Pump Fun creators claimed over $2 million worth of creator fees in the last 24 hours. Galaxy just tokenized some SEC registered shares so you can grab some some stock on Solana now. Solana leads all chains in TVL growth over the last 24 hours and 7 days. Circle, which is the company that created USDC they just minted another $250 million on Solana. Daps continue to surpass.
Gary 00:13:45
So Solana Daps and those are the apps that we use Like Jupiter or axiom or GMGN, things like that. They surpass every other L1 and L2 combined in daily revenue. And that's pretty normal. This was interesting to me. Solana had 48, 081 new tokens launch yesterday. That's the highest we've had since August 13th. So maybe, right, maybe we got through this August, this end of summer lull the, the Labor Day holiday. Maybe it's lock in season. Maybe it's time for people to start coming back. Maybe this new creator coin meta where you can make creator fees is, is stimulating a lot of people to create a coin.
Gary 00:14:24
There's a lot of creators making fees. Top creators. Over the last 24 hours, somebody made 484 Solana. Someone else made 428, 310, 297, 283. So there's creators making hundreds of Solana because they have motion, they have energy, they can move it. They took, right, They've grown a following in an audience. They have people that watch them and people who, who follow along and do what they want them to do. Right. They have copy traders, they have people who are bullish on them as a creator. They go out and they launch a token and then people buy it and sell it. And when they buy it and sell it, the creator makes money. Sometimes upwards of $80,000 in 24 hours. So lots and lots of opportunities there.
Gary 00:15:04
Interesting though, creator revenue share all time for the Top Wallet has topped 1,878 Solana for the top Wallet. Just to give you a little bit of perspective, if you have an NFT project and it does 10,000 Solana in revenue and you make 10%, you made 1,000. This creator made 1800 Solana by launching a token and collecting creator fees in the middle. So it all leads us to talk about speculative capital markets. And that's our topic for today. Why do we buy something? Why do we sell something? It's emotional, it's how we feel.
Gary 00:15:43
I was talking to JJ this morning in our pre production meeting and I said, look, if you're, if you're here and you're spending time in this space every day, if that's your commitment to show up every day and you're not deploying capital on some of the things we talk about based on, we're not giving you the play, you're going to go do your own research. But you may learn about something here. I'll give you an example. I went, how many of you throw up? A hundred? If you were here when Dirk Came in from Defi Tuna and talked to us. So throw up a hundred. If you were here then let's see, takes a minute. JJ's got the 100 up, but it takes a minute to get to the audience.
Gary 00:16:23
Niecy's got 100 up. Some of you were here. So I told you all very publicly that I was going to go by ictc. I see Leo, I see Maui Nancy, cdc, OG gamer, gangsta, Larry Bearded Baldwin. Now hit the chat down at the Purple Pill and I want everybody to give me a response. I want you to type in yes or no. So I want you to say yes tuna or no tuna, so I know what you're talking about. Did you go out and take action and deploy capital and buy some tuna like I told you all that I would. So put it in the chat. Little purple pill at the bottom. There's 47 comments there. Now I want to see yes tuna or no tuna. I did. I took action. I told you all I did.
Gary 00:17:01
I posted about it and if you would have taken action with me. So I bought at about a 93 and a half million dollar market cap. Let me just find my, my purchase in here. Okay, There we go. And if you would have taken action with me right now you would be up 18.67%. 18.67% gains. If you would click the button and sell right now. I told you I was going to hold it for six months. I put it in my calendar. I didn't buy a ton of. But I put it in my calendar. I said I was going to hold it for six months. I, I tucked it away at the Defi Tuna site.
Gary 00:17:40
Interesting enough. I've also already earned some Solana there. So I've earned.0005 Solana. So that's not much money. But, but I didn't buy much. So.0005 times like 207.98. That's about $0.10.000. Yeah. So I've earned about $0.10 in Solana. So I haven't earned much money. That's okay. The token price has gone up quite a bit. I'm up about 18 and you would have been too a lot of times here in the space. We're not going to talk about how much capital we deploy. We're going to talk about the percentages because the percentages will make sense for everyone.
Gary 00:18:20
J Chains probably has way bigger bag than I do. Probably drop at a thousand Solana Play. Right. Dropping a bitcoin on some speculation. You know, just all that My bag's not that big. So when that happens, if we just talk about percentages, it doesn't matter how much money you deploy, as long as you deploy some capital. Because if you deploy, when I deploy, then we would both be up 18 right now. Maybe you're up bigger than me because you deployed more, or maybe you're up smaller because you deployed more. But that's how that. That kind of plays back in. That's what we're going to talk about today. We're going to talk about what we're bullish on, why we're bullish on it, and. And what moves markets. You know why?
Gary 00:18:59
Speculation moves markets. How many of you right now would if. If you had an opportunity, if you had a surefire play that something was going to double in the next 12 hours, how many of you would deploy capital there now, throw a hundred up if you had a surefire play that something was going to double in the next 12 hours, you knew it. You would find the money, right? J.J. wood. A lot of you would. A lot of you would find the money to be able to deploy. That's what we're looking to do here. When you're spending time here, we're spending time in this space. We want you to come with some capital in your wallet.
Gary 00:19:36
We want you to do your own research on some of the plays that we talk about. We want you to come up and share the things that you have not shilling your project. Right. So you're not going to hear JJ and I set up here and talk about your AFF and Gary Coin all day. That may be your right, your conviction play, that's fine. We're in a different position. So we're not going to talk about it all day. We're not here to shield, but what we are here to do is, is make some money together. We are here to do some research together. So you might have an idea or a play or something. You've got conviction on that that we've never heard of or we haven't thought of. So you might want to come up and share that with us or hit the. Hit the chat and share that with us. I'm just looking here, Mr. Web, no tuna. Payton, no tuna. Crypto made no tuna.
Gary 00:20:15
Larry got some tuna. Sleepy Squirrel got no tuna. Lack of funds. EMAP got no tuna. Red Thunder got no tuna. JJ even got no tuna. Z got no tuna. C2M no tuna. Nisi no tuna. Maui Nancy, no tuna. Nobody got tuna. So many opportunity. Now, maybe you did your research and maybe it did not align with your thesis, and that's okay, too, but I want you here ready to deploy capital. Jj, let me toss it over to you, man.
JJ 🦒🦒🦒 00:20:46
Yo, you're cooking right now, Gary, and I just can't stop thinking about, like, how, how can I get my fat finger to lose weight so fast that, like, I just can't buy what I just sold all those games? I, I just don't get it, fam. Like, I'm looking at my finger and I'm like, anyway, fam. But no, man, you're absolutely right, bro. Like, when it comes down to it, you know what, like when we're building our thought process and our thesis and, you know, we may have a checklist, you know, we're, we're doing our due diligence sometimes. Most of the time.
JJ 🦒🦒🦒 00:21:24
I encourage for always, to always do research. And I'm gonna say do as I say, not as I do. And we'll get into that in a little bit in one of my shares. But I, I say that to say, you know, we're, we're here, we're doing what we, what, what, what triggers our, what floats our boat, right? And so as we're building that thought process, you know, ultimately, it's been my experience that all roads lead to price go up, right?
JJ 🦒🦒🦒 00:21:57
And so if you're really getting research, you're, you're taking the emotions out and you're going, and you're seeing if the, the charts, you're seeing if the sentiment, if the, the, the devs and the team, if, if they have what it takes to cook, if they, if they can grab attention, if they can move volume, if, if they have what it takes for price to go up. And me as an investor, as expect, you know, someone who, who is speculating, I'm over here thinking, all right, this is a good entry.
JJ 🦒🦒🦒 00:22:32
So what's going to motivate me is a good entry point followed by me being able to make gains, right? And it doesn't always play out that simple. But, you know, I, I, this is what I love about this conversation today and being able to hear what others have to say is because ultimately, yeah, we, we all are hoping to buy low and sell high, right? But how we get to, how we have that thought process, that goal, and how that manifests in one taking action and pushing the button to buy and then pushing the button again to sell.
JJ 🦒🦒🦒 00:23:11
You know, that, that, that, that's kind of where the roads get a little bit muddy and, and everyone has a different approach to kind of navigate that Right. And so I'm really excited about today's conversation for. For that very matter, and just really understanding, you know, what is it you're looking for, and then ultimately when are you looking to. To exit. And again, this is more of a, you know, make gains kind of play and not necessarily like someone who may be just buying and storing Bitcoin, if that makes sense.
Gary 00:23:43
Yeah, it makes total sense. So let's get to J Chains, and then we'll go over to Cats next. But J Chains, what do you. First off, gm. Gm, what do you look for when you're doing your research on tokens and doing your research on. On if you're going to buy something? What. What are some of the things that you look at?
JChains 00:23:59
Absolutely. First off, Gary, thank you for. For having me up here. Can you guys hear me at all?
Gary 00:24:04
Yeah, I think you sound great.
JChains 00:24:06
Okay, cool. Perfect. Awesome. Well, again, thanks for having me up here. This is. I love these conversations, and I think this is like, the important kind of stuff because again, you know, we. We have been going through this space for a number of years, at least I have. Right. And I think you see a lot of faces in here, and we've gone through this speculative kind of massive phase of what crypto is. And. And as maybe the ecosystem gets a little bit older, you know, maybe some of our tastes refine and our processes are a little bit different. So, like, for me, you know, back in the day, like, when I first got in, like, I was. I was green, right? So I was reading white papers, I was doing the things that you should be doing.
JChains 00:24:42
And then after a while, you know, you kind of start to get more of an idea of, okay, I get the. I get the concept of this ecosystem. So reading white papers is not really what I have to do anymore. But you always want to research the team, right? You always want to make sure that, you know the people that you're going to invest in. Because ultimately, at the end of the day, yes, we are kind of changing the landscape of investing. Right? We are. I don't want to say marrying our bags, but we are starting to marry our bags a little bit. Right? We join communities, we do these things that we become a little bit more emotionally invested into our investments than typically we should have in the past. And I think that that's okay, right, because the landscape is totally different.
JChains 00:25:22
And, you know, it's not like, you know, back in the day and maybe there were private clubs like that, but, you know, like when our grandparents and maybe aunts and uncles or Parents, whatever, were first getting into investing in stocks. You weren't going into a room like this to chat with, you know, the CEO and the executives of Coca Cola to figure out, hey, what's the, what's the plan here? Right? So the landscape has totally changed. And so I think the research for me specifically, if I want to get into a project, if I want to work with somebody or know more about the team, I mean, it's stuff like this, like, are they present, are they doing what they can to be out in front of the community communicating and delivering that message. Right?
JChains 00:26:00
Because transparency is the most important thing that projects in Web3 have. And if, you know, and it sucks, you know, it's 24 hours a day, seven days a week, and if you take a day off, you know your community's gonna be like, yo, what's going on? Like, is there a problem? No, it's just, you know, that's just the, the message has to be delivered almost consistently every single day. And so, you know, you build your team, you build your community to help relay the message and all that stuff. So to me, the most important thing, and I think there's probably a lot of people that would agree with me here, is the community can make or break the entire project, right? You, the team, the dev, the idea, the concepts, the product, the platform, everything could be perfect.
JChains 00:26:36
But if the team's not, or the community's not aligned, then there may be a problem. And I guess, you know, there are rights and wrongs to all of that. And that's maybe some generalizations, but to me, one of the most important things when I'm researching is, is the team present? Are they active, are they vocal? Or are they serial scammers that just kind of lay in the weeds and do the extraction? So for me right now, the most important thing, like I said, was just making sure that you're out and about chatting with the people, because that's unparalleled. Access is what we have in Web three, and without it, we're no different than Web two. I hope that makes sense and answers your question, Gary.
Gary 00:27:13
It makes total sense to me. And you know, I have a bit of a follow up. What percentage of your portfolio are you deploying to the projects that you believe in? The team's transparent, they're showing up their, their present, their, their, their building compared to current day opportunity to make gains.
JChains 00:27:38
Yeah, I love that. I, so I will. So in my typical portfolios, anywhere from. And this is probably a little bit on the higher side, but I'M a, I'm a little bit more of a cowboy. I love the expressions like you're a zero, you're a hero, go big or go home kind of stuff. And so technically you should probably have about 10% of your portfolio into like high speculative plays. You know, that's your lottery tickets, all that kind of stuff. I'm probably more like a 20 to 25% because I want to make sure that I've got not only dry powder to hop into something if it's new, if it's hot, if it's getting released, but also to be able to leverage trade and to do stuff like that. So, you know, I'll.
JChains 00:28:17
Somewhere, yeah, somewhere around that 20 to 25% of my portfolio is what I allocate for me to make the moves because I, I use that capital to create more of my conviction plays, right. So my long term holds like my Solana. Like I would, you know, I, I may, you know, get in and out of some different coins, but that is those profits, that nest egg or whatever you will is always going back to Solana because that's, you got to keep your eyes on the prize, man. Like that's, that's where it's going to be long term. And again, there's, there's community coins, there's utility coins. There's all that stuff that we get in, we get out of. There's also ones that we, we get into and we stay in. Right? That's our community, Those are our homies.
JChains 00:28:56
That's, you know, like Gary, that's like the morning show here. That's making sure you're on the voice chat, making sure you're in the discord, the telegram, all that stuff. So I mean, that's up to you. That's a personal preference. Like, you know, I have probably at times put way more than 25% of my capital into a specific conviction play that I may be in because I'm part of the community. But as time goes on, you know, you start to consolidate and as your portfolio moves around, you know, you change some things. So my, my long and short answer is 20 to 25, but that's probably a little bit around the higher end.
Gary 00:29:29
Yeah, I think it makes sense. I'm probably even higher than that in honesty. You know, I keep and I say that, you know, overall portfolio. No, but, but I do like my trading bag. I really lean into stuff that I can see movement over days, not necessarily weeks, months or quarters. I do very little long term holds in my trading bag. I mostly Am looking for where's the market moving today. And sometimes I time it wrong. Like right now I'm pretty upside down on Uranus, a little upside down on usduc. I'm okay on Takabu. So just some stuff that I'm playing in. But you know those are, those are all pretty short term.
Gary 00:30:09
They haven't been around too long. They've like Takabu is like 89 days old. USDUC is 108. So a little bit like Uranus is 63 days old. So they haven't been around too long. Their low market caps, you know 30s. Uranus is 34. USD you see is 54. Takabu's 34. You know I played in Troll the other day when I saw the dip come in. So I, I look at that type of stuff but I'm more looking at you know, deploying and bringing back in capital for the day and then my long term stuff I'm boring as it's just bitcoin, you know where it's assets that I own.
Gary 00:30:40
So it's like it's, it's Gary, it's Giraffe, it's assets that I'm building and I believe in or it's Bitcoin and that's just where I put that, that storage for the long term because then I don't really care where it goes. I believe in the, you know, I believe in bitcoin long term. I believe in what we're building at Gary Club long term. And then everything else for me is just opportunities. Cats, let's go over to you. What do you look for when you're, when you're trading?
Cets 00:31:02
Yo, what's good? A good platform is number one. I was going to ask you what do you use for your trading platform, Gary?
Gary 00:31:12
JJ I, I got, I raw dog most of the time and just use Jupiter Titan. I, I've. Are you guys using Titan at all yet?
Cets 00:31:20
No, no, no, no, no, no, no, no.
Gary 00:31:22
Titan. So Titan is this new dex aggregator. I've got a beta code I can send you. I'm in the top 10 of their traders so I think it's gonna be a, a really juicy airdrop when their token comes out. So I've been grinding my way up there. But what they do, Titan aggregates jupe and all the other dexes and gives you the best price and it's fast and it's good and it's, it's in private beta now but I don't use a lot of the, the, the photons and stuff because I'm not trying, like speed isn't that big of a deal for me. I'm doing more longer term research, so.
Cets 00:31:54
I'll just trade on Jupiter a hyper liquid for me.
Gary 00:31:59
Oh, very nice, Very nice, Very nice.
Cets 00:32:00
I love it. It's such a good platform. I feel like there's a little bit more confidence in that. They give you a live display on the UI of the order book. I think there's been some shady business going on with some of the. With some of the perpetuals. Perpetuals markets with some of the Dexes not mentioning any names. But yeah, there's definitely been some order book flushing, which is. I just don't get it. You know, it's crazy.
Cets 00:32:38
I think maybe some people just aren't aware of it, which is maybe why it goes under the net. But if I just talk about trading what I'm bullish on at the moment personally. So this isn't necessarily representative of Cats. In Cats, we have a degens discussion channel where we've got the Rick bot and people are, you know, just chucking like 20, $30 at micro caps. And if you want to do that, that's fine. This is my personal opinion, not financial advice at the moment. I don't think it's worth getting into anything new at all. I think it's. There's only so many words in the.
Cets 00:33:15
In the English language that you can use to launch meme coins. And we saw the same with NFTs. There's so many animals that Noah can fit on the ark until you're like, hey, I've already got a giraffe on this ark, you sneaky zebra. I see you. This is the thing. We've gone through so many meta shifts because all the animal meme coins are pretty much just dead. They're in distribution. And then we move from animal coins over to cult coins. You had your Sigmas gigachads now there in distribution. And then we moved on to AI coins. And then.
Cets 00:33:52
Well, I mean, don't even look at the Cerebro chart. I think the only one that survived was. Was fartcoin. And that's because Tradfi and Wall street just love. Like, who doesn't love farts? Farts are funny. It's not really an AI coin. And then we moved on to like Internet capital markets. And then we moved on to like creator capital markets. And there's always a meta. I was. I love that you clipped my little monologue about the ants on the ladder and someone in your community turned that into using AI. That was Whoever, if they're out listening, whoever that was in the community, that.
Gary 00:34:29
Was Larry down there. You can see him. He's got the giraffe on. He's got the dark giraffe with a hoodie on. Larry Nibbles. Is his name Larry?
Cets 00:34:35
You killed. You killed it. That was so good. Like that. That nailed what I was trying to say. And so don't chase shiny matters. I don't think getting into new coins is really the play at this particular point in the cycle. The thing to be really wary of is people who are tweeting with price predictions, predictions for 2026. I don't know who needs to hear this, but the house of Cards is going to probably fall next year. There will be a bear market. This time is not different. Your best bet, if you're not already positioned when it comes to trading, is look for.
Cets 00:35:10
Look for something that's never had its run in the meta and just stick to the winners and maybe stick to the winners and trade them with a bit of leverage so you can cover yourself if they completely collapse. Because leverage isn't turning 10 grand into 100 grand. It's actually, if you have 10 grand, you trade 2 grand with 5x leverage. And now, no matter what happens, even if you don't have a stop loss, because trading memes with a stop loss is crazy, you only lose two. So leverage is for actually protecting your risks, not increasing your bag to a ridiculous size.
Cets 00:35:46
At the moment, the one consensus coin, major players. For me, if we're talking Solana, I think Bonk will have a really good run. I think Pengu is destined. It's probably on its wave three at the moment. You've probably got like another two waves for Penguin as it's battling its drop price. Fartcoin, like think consensus plays what has lived throughout all the other metas where others have not. I think Pump is probably the top thing you should be looking at right now.
Cets 00:36:23
I think the Pump token, because they have like 8 million in buybacks every week, they've just launched the Creator Capital Markets program. Alon is also super approachable. We were in DMS with him a couple of couple of days ago and we were really surprised that he even bothered to come back to us. He gets a lot of shit and a lot of fud. You know, Pump have been managing their treasury quite sensibly for at the end of the day, they're a business. So when they transfer Sol on Kraken for usdc, they're doing what any business would do, but they get so much hate and so much fud. But go and look at the Pump price as well.
Cets 00:36:59
Look at the price action, put it in log scale, draw some trend lines and you'll see we've broken some key upwards movements at the moment and I think it's it. I think Pump is destined to go back to all time highs over the certainly over maybe even over the next few days. It's got a lot of momentum in there at the moment. The RSI has only just gone above 50 on the daily. I think it's got serious headroom and I think it's probably it's going to catch a lot of people off guard as well because everyone is looking for the next shiny 100x runner. You could go with pump on like a 5 10x leverage, put a few grand in and that is like having a 2530 X.
Cets 00:37:39
So that's my take at the moment. Find yourself a really good trading platform, preferably a dex something with like low fees or like a rewards program or if they're doing an airdrop, don't, don't put in more than you can afford to lose and pick, just pick a winner, pick a clear. Sometimes you don't have to go and do loads of research and be reading white papers. Sometimes you just have to go for the most mid curve mid IQ play of what is obviously the most winner. The obviously like going to be a winner and just have conviction and go with size.
Gary 00:38:18
Yeah, I think it's smart, you know and I'm bullish on what Pump's doing. I'm not long term bullish yet because it hasn't proved that it's more than just a meta. You know we, I saw today that Friend tech released their Q2 earnings. They, they basically don't exist. So we, we've had over the last four or five years we've had these, these spins and I think Pump has done a phenomenal job and, and they build a hell of a company and I think almost every dap that exists in crypto would like to, to switch places and have Pump at and be the founder of that. I think it would be great. But I don't know what the token is going to do long term.
Gary 00:38:57
I think we need to see. Solana has been weird to me. Things that I thought would overall take off like a jupe token didn't and things that I didn't think would take off have taken off really differently. There is a lot of yeah, go for it.
Cets 00:39:12
Do you think that's because it was consensus that dupe was going to go to like five bucks. Whereas right now, I don't think pump breaking all time high is consensus right now. I don't think anybody is. Is really saying that.
Gary 00:39:27
You know, I think it could be. I think that jupe launched at too high of an fdv, which I think pump did too. And I think the market's trying to figure out what that is. The market figured out spending their jupe in a different way. Then we'll have to see what pump does. You know, Tube gave away tons of jupe and created an income opportunity for a lot of people on, you know, in the community, there's a lot of people that get paid jup to create content and build stuff and do stuff. But then you've got pump that said jumo and no airdrop and didn't give anyone. So now it's. If you want exposure, it's not.
Gary 00:40:04
You can buy it for cheap because JJ got the airdrop and, and he decided to sell it because he wanted to buy something else. But you've got to go buy it for the market. And pumps buying from the market at a faster pace than you can right now now. Which is why I think their token, you know, kind of hit that bottom in the. Just. Just above 2 billion and now it's back up to like 4.45 billion and it's growing. Great. I'm not personally as bullish on Pingu. I think Pingu is a house of cards that will collapse really, really hard. I think a bunch of people are going to get hurt there. I don't think the IP is that good. I don't think it takes. I. I don't think it lands over time. I think they're.
Gary 00:40:41
They're trying and they're trying to paint a narrative that it is good, but it's not actually good ip. So I, for me, on an IP play, and I'm just being real with you, I would go with like the Clanos or somebody like that way over.
Cets 00:40:54
Pingu, you definitely remember Penguins Club, then, from the early 2000s.
Gary 00:41:01
Has no main character IP. There's, there's just zero main character IP inside of Pingu. There's the one penguin that wrapped the NASCAR and that one character, but you've got one character. You don't have Disney that has all the characters. There's not main character IP there. And I think it's missing. Klanos, I think, has an opportunity to really do some fun stuff with ip and they're bringing in some smart people around ip. So I look At Pingu as that. That big house that will eventually collapse. And then, you know, I, I think though it's chasing that meta and I think a lot of people spend time chasing it, you know. Jj, you spent some time yesterday chasing something.
JJ 🦒🦒🦒 00:41:38
Yeah, fam. First and foremost. Yo, audience chat. If you're vibing with this cook, I. I need to see it in the comments, fam. I need to see the purple pill. I need to see you unpost and repost again this space because the gems that are being dropped here are fire. You know, I can appreciate what Jay Chains was saying as far as, you know, doing some research on the back end, you know, maybe reading white paper and things like this.
JJ 🦒🦒🦒 00:42:07
Yesterday I got a little bullish or I guess a lot bullish because I ended up taking action in the thesis and the sentiment and the speculation around Creator Capital Market, right here we are talking about what Pump Fun has done with their platform and how they're rewarding their creators and all these people, all these creators making a lot of money in between in the fees, right? And so there's just, it's been my experience, there's just been times where I don't have time to do that much research. Right. You know, it. I'm looking, I'm. I'm following the volume in the energy point blank period.
JJ 🦒🦒🦒 00:42:47
Like these coins that are launching like, like, like you, you're lucky if they're even like tagged to a X X account profile or that they may even have a website pulled up or whatever, or even a discord, right? Like, like some of these MFers are building on the go, right? And so sometimes for me, I, I just need to. I follow the energy there. There's a lot of talk on the timeline regarding Creator Capital Markets. There's a, a huge platform like Pump Fund that just completely changed the game for creators.
JJ 🦒🦒🦒 00:43:25
And so what, what I did yesterday was I went on to Pump Fund and I went on to their live streams to, to kind of get a sense for it, right? And I deployed capital and in a couple of coins ended up breaking even or, or just around even and you know, you know, just getting in and out, right? Following the volume. And then, and then, and then I came across Soulja Boy and I saw Soldier Boy, you know, streaming on, on Pumpkin Fun. He has his Halo Master Chief helmet on display.
JJ 🦒🦒🦒 00:44:01
You got the Lambos and cyber trucks in the parking lot, like the garage of, of, of of the mansion. And I'm like, holy, man. This, this grabbed my attention. Here we have a creator who is trying to Monetize with this new platform and these new fees. He has my intention. Out of all of the streams that were happening at the moment, it grabbed my attention. Maybe it was the celebrity factor, maybe not. You know, whatever that is.
Gary 00:44:31
It's cause you unk status jj feel me.
JJ 🦒🦒🦒 00:44:33
You know, I'm trying, I'm trying to yo crank that, you know. And you know, that's what I was waiting for. I turned on the stream to see if he was gonna Soldier boy that right? And all. All that to say I lost 80, fam. Oh, and so I lost 80 and. And I'm. I, I guess I'm the only that didn't know that Soulja Boy is a known rugger. Like it's after the fact. Thank you, Gary.
JJ 🦒🦒🦒 00:45:01
You know, for the late night, early morning after I took my L of of being down 80 that I start seeing these bubble map charts and his fortune 14 known other rugs. And I'm like, God damn if I would have just taken a minute to do some damn research and not follow the hype. But you know, you, you, you, you, you, you risk it to win it, right? Like my boys say we, we're risking it for the biscuit kind of thing. And you know, I, I got in at I thought was a lower, a low market cap, but that had room to run. But no, it didn't work out that way.
JJ 🦒🦒🦒 00:45:39
I got left holding the bag and But I, I say that in all fun that you know, I, I went onto this platform to, to really get a. Get a sense of, you know, what this feeling. I was even dming Gary with some ideas that was having that I'm not going to disclose here on Space right now. But you know, really just trying to get like the hype around it, right? Like just really understanding this creator capital market. Like I, I love it for the people fam. I love it for everyone in the audience right now having an opportunity to. To, to make some freaking money. Point blank, period. And you know, my speculation led me down a rabbit hole that didn't manifest. But you know, I, I don't.
JJ 🦒🦒🦒 00:46:18
I, I chalk it up to a lesson learned. Biggest lesson of the day is that, you know, I've muted and blocked Soldier boy not following that MF or anywhere now. But in all seriousness, you know, just, just taking a minute like I, I still believe in, in following the hype, right? Like, you know, following the volume, I should say. And I still trade on volume, so I'm not going to be dissuade with that. But you know, it's it's part of the learning experience.
JJ 🦒🦒🦒 00:46:47
If we will all win 100 of the time when we deploy capital here in DeFi and especially talking about meme coins like, like, like, I think we'll be having a whole different conversation. So it was a lesson learned. It was fun. I'm still super bullish on creator capital markets. I don't know necessarily how it plays out. I think there's a lot of attention right now, a lot of momentum right now. It's on the timeline. You see the, the transparency of what is being put on a pedestal for upcoming creators to aspire to. So, you know, there's some hype and fun around it right now.
JJ 🦒🦒🦒 00:47:27
But to Gary's point, I'm a firm believer that in order to know where we're going, we have to know where we've been. And just with friend tech doing $9 worth of, like, revenue in, in this reporting period is just, it's not the long term meta unless, you know, pump fund is really successful. A real outlier in shaking things up and flipping it on its head. But if I was a, a betting man, I would probably say ride the hype and volume for as long as it lasts. Don't get caught holding the bag.
JJ 🦒🦒🦒 00:48:07
And again, rotate your, your capital into more of the boring stuff like bitcoin, man. So that, that's what I got for that fam.
Gary 00:48:17
Well, let's go, jj. And before I jump back in, I want you all to look at your phone, if it's safe and you're not driving. And I want you to look through the audience and I want you to find someone in the audience. They've got a white background. They've got a giraffe on. Their giraffe has a witch's hat. And their name is B B E. That's JJ's wife. And when JJ, if you just look at the way that PFP looks, it's like looking dead at JJ when he said he lost 80. I can only imagine what B was doing when she saw that and she looked back at you. So these spaces, our families are here. JJ's here. He's sharing what really happened. And he did get a little bit rugged by Soldier Boy.
JJ 🦒🦒🦒 00:48:53
Real quick, low key. That's why I didn't say how much I deployed. I think I'll be. No, just kidding, man. I love you, babe.
Gary 00:49:02
Oh, man, I love that. But you know, it's, it's, it's important though, because coming from the outside and being, you know, I'm a little older. JJ's a little older. We're not in our 20s anymore. You would think that someone like Soulja Boy would have audience, would have motion, would be able to move energy. You would think it would work and, and that's how you would see your returns. But in reality, it's not. It's the, like, Mitch that. That drops a coin and gets all of his DJ and friends to go in and help him pump it, and that's where it's moving, or it's the fact that that kid that.
Gary 00:49:39
That rugged everybody on a pump fun stream and flipped everybody off and he made his 20 bands. And it's that whenever he got out of the coin and the market just said you and decided to just send it, and it's that type of energy and volume you've got to tap into, not the, oh, here comes another Kanye coin, or here's another Trump coin. But it's, hey, here's this guy that's just like me that's got a bunch of motion and energy around him, and I believe it could cook. So let me jump in and let me grab a little bit of this because it's what's going to happen.
Gary 00:50:12
It's also where we have to look at that and we have to either lean into stuff like I just pinned at the top with bubble maps, talking about how Soulja boy has launched 12 tokens in the last month and they have all failed. So he hasn't had one successful token launch in the last month. So that's something to look at. And then, you know, we're hitting this moment and. And this is where I'll take the conversation to next. For our last few minutes here, there's a lot of launch pads. Jupe Studio and Pump and Believe and Let's Bonk Fun and Moonshot and, and Boop and Virtuals and Radium and. And Cook mean. I mean, you can. Everything is a launch pad. You've got Hyper Liquid.
Gary 00:50:50
That's crazy cooking as really just a dex. And that's the. The center focus of where they're at, you know, Is that where we're headed in crypto? Is it less about utility? Because, like, I bought the heliopass when I needed to get Gary verified there, and. And I paid for it and I saved my 50, but. But now it's like, I don't really see a big need to keep it. I wanted to do something with Moby Screener, so I went and bought a little bit of their coins and then it dropped like 30%. So the utility, for me Wasn't. Wasn't exciting. So are we getting to a point now where it's. We're only worried about trading the volume.
Gary 00:51:29
We're only worried about trading the energy. What do you think about that? J. Chains, maybe away from Mike.
JJ 🦒🦒🦒 00:51:40
And it might have sound like you said jj, but that was definitely a J. Chains is. Is what I heard, but I'll jump in right quick. I. I think that you're absolutely right, that we. We may be going into an era of. Or not going into error. That that's just kind of where some of the biggest gains are. You know, that that's where the attention is at. That's what's getting. You know, that's what the KOLs are getting paid to push out. That's what you're seeing on your timeline. Organically, that's what you see. What's cooking organically. It's just kind of like this volume metric, so it makes sense to me. But J Chains, I don't know if you had a chance to get back to your mic if you want to share kind of your thoughts on that. Man.
JChains 00:52:19
My wife and daughter were just taken off to. To go to the gym. What was the question? My apologies.
Gary 00:52:24
I was just really talking about how hyper liquid has taken off and it's nothing more than a dex where you can go trade. And we have all of these. I pinned it at the top, all of these launch pads that are all over Solana. And it almost seems like we're getting to the point now where the utility, the white paper of the token, doesn't matter. It's about launching the token, trading the volume, and. And that's the protocols or the dapps that are doing the revenue. That's the chains that are making the most revenue. It's all trade volume, and that's all we're focused on. Do you think that's where we're headed?
JChains 00:52:58
I really hope not, because a lot of that information can be faked. But, you know, I. I think at the end of the day, it's, you know, this is still speculation. It is still hype. It is kind of. That's. That's what makes the needle move, right? Like, as someone who has a platform, you know, if I'm talking about a project and, you know, it's kind of crazy where, you know, if. If something new is coming into kind of, you know, the picture or, you know, a project wants to work with you and they have. It is funny. You see, like some people say, like, you know, the market cap is less than your Follower count, you know, like, say they got like a $20,000 market cap. People saying like, you know, why do you talk about those kind of projects?
JChains 00:53:36
Like, well, everybody's got to start somewhere, right? Like, you can't just, you don't just start with a hundred million dollar chart. You've got to build it. So you've got to, we kind of have to go with how does the chart look, how does the numbers look, how is the volume, how does all that stuff like play a role into where this thing is going? Because you don't want to buy an illiquid coin. But at the same time, you know, if you are trying to make some money, if you are trying to get in early, you gotta get in early. You can't wait until it's 20 million dollar market cap or 50 million dollar market cap, right? You've got to get in early. So you do have to put a little bit of emphasis on, on, you know, where's the volume at? What's the chart look like?
JChains 00:54:14
I, that's, you know, hopefully that again answers your question. Apologies for not being here originally.
Gary 00:54:20
No, it's fine. It's fine. And it, it does. You know, I think that, you know, I lean into that thesis as well, that they're going to have some launchpad winners. The, the launch pad winners are going to have tokens that are going to win. As a market, we care substantially less about utility these days. We care more about price, action and opportunity to make gains. So we're less loyal to something that like I'll give you an example, Gary Coin, for example, that's something that's probably our average investors looking at this over the next, next years, not the next days.
Gary 00:55:00
And we, we never found success finding the people that looked at it for the days. But most investors in crypto are here to look and see where they can make some money today and can I deploy today and, and do that which leads into these launch pads. It leans into launch pad winners and it leans into narratives like, and this is how crazy narrative gets. I'll kind of play out a narrative that I have on a token called Uranus. I, for whatever reason I'm very bullish on, on what Jupe's building. I don't think Jupe builds without, I don't think Solana wins without Jup winning. And Jupe runs a big part of the backbone of that. Just FYI, they do have a lending Q A.
Gary 00:55:40
They, I mean they, they just get liquidity. You know, they're a liquidity magnet. People bring Their liquidity there. They own Meteora. People bring their liquidity to Meteora. So I believe at the end of the day Jupe's got something that can win. They launched their lending product, they launched all this but they've kind of fumbled the bag on this studio project and they haven't had success as a launch pad since they started. They launched win on, on their launch pad, which is it kind of went down a lot. They launched Jupe and they didn't fill the buckets and a lot of the tokens that they've chosen to launch on the launch pad did really well for the teams but not really well for those original investors. So Jupe hasn't figured out this launch pad game yet.
Gary 00:56:21
Meow, which is the co founder of Jupe, he has tweeted one time since August 10th and that was a quote tweet where he put three little fire emojis there. So Meow has, I mean we all were founders, we're all competitive, we all want to win, we all want to be on top. And when you look at the revenue Jupe is there, they're the one of the top, if not the top revenue producing protocol right up there with pump and stuff like that. So I believe that in a launch pad war Jupe has a chance of coming back and shipping something that can win with the community.
Gary 00:56:59
I believe that Meow is quiet because he's trying to figure out and cook for that and see what that is. He, he's going to come back and make some kind of a splash and when he does, I believe that you may see a token like Uranus pump really big because it was, it's the token that they've kind of said is the token of the launch pad. It's the top meme of the launch pad. So I think you could see that you know, come out and, and cook in a really big way. The all time high on that is in the like the 80 millions. Uranus right now is setting at a like a 35 million market cap. 34.75 million market cap.
Gary 00:57:39
So up just a little bit today. Not much, but up a little bit today. You know, up about 8% today. But overall it's just down bad from 80 million. They lost their X account so it was suspended. So this is all of the research that I'm doing and I'm sharing my thought process with you. Not say you go buy Uranus, I don't care what you buy. But so you understand maybe how markets move a little bit. You build thesis like Meow took over or Jupe took over the Uranus creator fees and the funds so they could fund. That means team. Okay, so that's their, their poster child for their launch pad. They haven't figured out the launch pad game. They're getting their ass beat.
Gary 00:58:18
Meow is tweeted once in roughly 30 days. So he's cooking something. It wasn't the Jupynd even though they do have a Q A and it was highly successful launch. Almost a billion dollars in in liquidity was stuck there was pulled there to give you liquidity and loans and stuff. But it's. He wasn't quiet because he was launching Juplin because Juplin came out, it launched and he didn't say anything. So he's quiet for another reason is that the Jupe studio is Jupe Studio going to come out and cook something and if they are, what's going to happen to Uranus? Watch the token today on the 4th of September. It's at a 34.67 million market cap.
Gary 00:58:56
Not telling you to deploy capital. I never will. I can tell you I have capital there, but I don't want it to be another situation where you're sitting in here and you're listening and you're like I believe, I believe, I believe that thesis and you don't deploy at least 10 bucks or 20 bucks and see what happens, you know, or. Or grab one of those paper trading apps and just go paper trade or write it down and say I believe at this price and just wait and watch what happens over the next week or two. So that's how I'm building a thesis or I'm building my conviction or I'm choosing where I deploy capital. I'm who's tweeted what happened to their accounts? When do I think they're going to tweet again? What's the underlying meta behind who's running the studio?
Gary 00:59:36
Where does this token rank in the studio and do I think it will run? It's one of the lowest ranking top tokens of any studio. So if Jupe comes back and wins or tries to make a run in the studio game or the launch pad game, I think Uranus has a chance to jump up a lot. Cats, what are your thoughts?
Cets 00:59:52
Just to expand on what what you said and what I was talking about earlier, we've got three launch pads. Pump, Jupe and Bonk. Each has their own token. So you can buy Jupe, you can buy Pump Token, you can buy Bonk and then look for the top runner on each or the first or the one that has the most volume and the most energy. So you have fartcoin. Well, it was. Yeah. Fart coin for Pump. You got Useless on Bonk. You got Uranus on dupe. Then consider the risks and potential upside of each one.
Cets 01:00:27
Like Uranus probably has the best risk to reward right now purely because of market cap. If you're looking at volume, it's clearly Fart, Coin and Pump. They clearly have the most energy right now. But then are you too late to chasing a meta? You then look at Bonk. Bonk has only just come out of a meta and useless is either consolidating or in distribution right now. So always look at those things. Who are the top players? Who are the clear winners? There's, there's three clear winners when it comes to launch pads and coins. Which ones have the most energy and which have the most volumes?
Cets 01:01:04
And they're, they're your, your safest bets with size. Everything else is pretty much an intraday flip in my opinion because I don't think it's investing. When you're, when you're throwing like 10, 20 bucks, 100 bucks, 200 bucks at brand new coins, you're not investing. You are definitely gambling a hundred percent. And just know that in your head that most of them will nuke and go to zero. So if you really want to invest, just look at where the, I think JJ had. That's probably like the best sentence is like where is the energy?
Gary 01:01:46
Yeah, I, I agree. 100. I agree with your thesis. I think you look at that. There is a lot of gambling here. A lot of people think they're being strategic. A lot of people think they're investing, but they're just gambling. You know, even if you're perp trading and you're, you're gambling on price go up or price go down, they're just gambles. You know, reminder, try to win 60. If you do, then you're profitable. It just, it just is that simple. It's okay to gamble. A lot of us like to do that. But if you can win 60 of the time, then you'll be profitable in your trades. You'll have more money in the, in the wallet than when you started with. And that's the game. Do you think never deploy.
Gary Club 01:02:22
Yeah.
Cets 01:02:22
Do you think we're desensitized? Because if you go. Yeah. If you go to a financial advisor, they'll make you 7 to 8% returns a year. I know. It's a different game. Maintaining wealth and growing wealth are two different things. But financial institutions set up businesses to give you probably net like 5% growth minus inflation. And here we're disappointed if a coin doesn't 2x. Do you think we're desensitized?
Gary 01:02:53
I know we are. You know, because the money I have in my crypto wallet is not the same way that I treat the money that's in my bank account, my fiat capital.
Gary Club 01:03:02
So true.
Gary 01:03:02
I treat them very different.
Cets 01:03:03
It's so true. Like, you could lose a grand on a meme coin and be like, yeah, is what it is.
Gary 01:03:08
It. I'll. I'll make it back tomorrow.
Gary Club 01:03:10
Like, it's.
Gary 01:03:11
Well, I guess butt plug isn't gonna make it today. Let's see what makes it tomorrow.
Gary Club 01:03:15
And.
Gary 01:03:17
And that's just part of it. And, you know, I think that. I think that's one of the reasons why, when we look at creators like Soulja Boy and we see that multiple rugs happen. It's because. And one of the reasons why I'm not as bullish on. On what Pingu is building and things like that is I'm bullish on communities that are trying to build crypto communities that understand the market and understand the meta, understand that the desensitization. Desensitized, sensitive, not being sensitive to this type of risk profile. You know, just dropping hundreds or thousands of dollars without thinking about it on a.
Gary 01:03:51
On something called Uranus because you, you think, or, you know, dropping hearing someone talk on a space and dropping a grand on something called tuna and saying you won't touch it for six months because. Because you, you heard him talk and you think it might work. And if it does, then that's amazing. And if it doesn't, well, that's okay. I can make that five Solana back somewhere else. And I think we're in this really unique position here that most people, if they were listening to us or they were hearing us, they. It wouldn't make sense to them.
Gary 01:04:20
You know, if I went to the regular coffee shop and someone walked past my computer and they saw the type of, like, especially when, like, the racist meta was going out and stuff like that, and they saw the stuff we were trading, like, you can't imagine what they would do. Or they, if the DMS leak, like, if somebody decided to run for, like, political office sometimes and the DMs leaked and you saw what they were buying or their wallet addresses, and you're like, they bought rnt, they bought this, they bought that. And. And they, you know, it's. We're in this different little culture And I think we have to understand that not everybody wants to be here. Not everybody wants to learn about, you know, where the energy's moving.
Gary 01:04:59
Not everybody has this kind of risk profile. You know, some people just want to tuck some money away and be done. And for those people, it's great to put it in Bitcoin or Solana or other big tokens or you know, even coming in and dropping some money in a pump token. That's setting at a, oh, I don't know, you're at a like a 4.4 billion dollar market cap. So even that is a safer bet than, you know, having this thesis that meow hasn't tweeted but once in 30 days and Uranus is going to take off. And when it does, man, you could double or triple your money because that's just not what most people are on, you know. What are your thoughts there, JJ?
JJ 🦒🦒🦒 01:05:32
Yeah, I agree. 100 man. Like, I like it's, it's one thing to be like, to talk about it, right? And for us to have conversation and, and share ideas about it, but it's way different when, when it, like when the rubber hits the road, right? And you know, I, for, for that reason, I mean, think about it. We're kind of like on this, this isolated island or bubble that's crypto Twitter where you know, we under, we understand each other's vibes, right?
JJ 🦒🦒🦒 01:06:03
Like, like I can sit here and, and share about, you know, the, the, the LOL coin with soldier boy yesterday and like we, we understand like that, right? And but if I, if, if I was to go group chats that I'm part of, you know, with my fraternity brothers or, or some buddies from college and tell them that, you know, like what, like what I did, like, you know, it, it, it, it's looked like like I'm a clown, right? Like, like of course, of course that was gonna happen. Like jj, like, like did you really think any, anything else? Right? And it's like, no, I mean like, yeah, right.
JJ 🦒🦒🦒 01:06:40
Like I like, you know, thinking about the volume and the hyping and, and you know, trading off that. So like it's a whole different thesis. But yeah, to your points, it's 100 different than what is quote unquote normalized out there in the real world in, in Web2. I mean, to set to cat's point, you know, from 5% is like, like you have m effers who like tuck away huge port, not huge portions, right?
JJ 🦒🦒🦒 01:07:13
Like, you know, 6, up to 6, 10 of their salary into a 401k with an average return of 10ish. Right. And, and, and, and people are betting their whole lives on that. You feel me? And here we are. It's like, yeah, like we'll run it up and then we'll lose it. And, and, and, and I'll land here to the point that, you know, being, you know, a little less sensitive to how things hit like that, that hit a chord for me. Like the, the money that, that the 80 that I'm down yesterday hits way different because it is crypto money, first off.
JJ 🦒🦒🦒 01:07:52
Second off, it is money that I'm already comfortable losing. Right? Like that's my, that's that wallet. Right. But then more important is like in the grand, grander, the bigger scheme of things, like that's house money. Like, like those are just gains I locked in, you know, from along, you know, a couple days ago, like right, right after the weekend, like at the beginning of the week. Right. And so it, it just hits different as far as the psych, the psychology around the environment and community we have here. But then at least for me, yeah, being crypto money is treated way different than bank money that pays the bills.
JJ 🦒🦒🦒 01:08:27
And then on top of that, when it's like house money, it's like, like, yeah, I have no problem, you know, like taking, taking a lesson out of, you know, chasing a, a creative capital market if that makes sense, man.
Gary 01:08:38
So yeah, man, yeah, I think it makes total sense. You know, the advice that, that JJ's sharing and you know, what we're kind of talking about here is bring in fresh powder to the chain ever how much from your job or your, your savings or whatever that is. Bring fresh capital on chain and then take that fresh capital and be okay if you lose it because you'll learn. And that's a lesson. And it's okay to pay for lessons. But look at that and say, how can I grow this, this capital? How can I take my one Solana and turn it into two, my two and turn it into four, my four and turn it into 40, right?
Gary 01:09:14
Some of us are going to be on very risky profiles and try to do it fast and, and we might lose it and we might have to go out and grind. My 17 year old son lives with me and he'll come in and he'll, he'll make a trade and he'll lose and then he'll go do doordash just to, to kind of to make some capital and be able to buy another Solana. And that's what he looks at is like, can I get another Solana, can I get back in the game? You know, but doing that, grabbing some of your, just as Jay Change said earlier, some of your portfolio and putting it into more risky plays. We all have different appetites of that.
Gary 01:09:50
For J chains it was 20 to 25% into risky plays. Find a platform that you love like Cats was talking about using Hyper Liquid or you know, using Juba. Find a platform that you love and you like to trade on that you can build trust in and you can trust the data and you can trust that there's liquidity there for you. Understand and realize that the market is heavily manipulated and there's, there's people that have a lot of, lot more money than you do and if they want to see the price go somewhere, they're going to make it go there whether you agree with it or not.
Gary 01:10:24
So until you're that person, until you have that kind of capital, realize you're just a player in the game and, and the game is going to get played with or without you. I did pin up a couple things. One of the things that I need to learn a lot more about, I just feel that I'm fumbling the bag. I don't know enough about lending and using my lended funds to go find new opportunities. So I'm going to show up today that there's a Jupe Q A I just pinned it back to the top. Starts in about an hour and a half and Jupe's gonna have a Q A about lending. I want to learn some ways that I can take my capital and put it into, put it into play.
Gary 01:11:02
Maybe that's just earning yield because I'm offering it out and, and letting other people borrow it. Or maybe I'm going to take that, I'm going to take some loans and I'm going to rotate those and buy something else and, and use loan capital in that play like Cats was kind of talking about. You know, leverage isn't bad if you have tinsel. You use 2 soul on a 5x leverage instead of using all 10 soul. You still get the same buying power but you only lose 20 of your bags. So learning skills like that are what we want to teach you here. Getting you a little bit more comfortable to go out and deploy capital is what we want to teach you here. So I did pin that up for Jup Lynn because that's something I'm going to check out today. And then other thing I pinned up is the reminder for tomorrow's show. So tomorrow wraps up our first week.
Gary 01:11:41
We're going to lean more and more and more into talking about this type of stuff. What we're bullish on, how does our thesis play out, what's happening, where we're deploying capital, what's the meta on the timeline, what's the news that's going on, you know, who's rugging, who's not rugging, where's the energy moving? So if you want to know what's going on in the market, if you want to come in and talk about it, raise your hand, hit the, hit the little chat. Last thing I'll say before we're done for the day is join our telegram. If you click on that Gary Club account in the top left corner, there's a link to our telegram in the bio. Go in and give me your best takeaway. I'm going to pick a couple of you that give me your biggest moment, your, your biggest key point, your biggest takeaway from this morning's show.
Gary 01:12:18
If you learned something, go in and share what, what your biggest point was, what your biggest takeaway was. I'll pick a couple of you and give you some free Gary coin just for showing up today, just for participating today. Jj, anything to add before we're done?
JJ 🦒🦒🦒 01:12:31
Yeah, fam. I want to give everyone some, some, some quick alpha. I'm gonna do half the work for you, fam. So the, the all you have to do is go into the telegram and I'm giving you what to say. Don't buy a meme coin from soldier boy is the biggest takeaway from that. But I, I really want to see everybody in the telegram. You know, just, you know, we've had dope conversation here and I just want to see kind of what landed for the audience. So I'm super bullish on, on reading those comments here as they start to come in. And then the last thing I, I want to say, as I always say, man, is I wish everyone stays blessed. Stand tall and stack those games, fam.
Gary 01:13:12
I appreciate you, jj. I did pin up one last post. That's a way you can make money from coming to spaces. We talk about a lot of ways you can invest and you can turn your money into more money, but if you don't have enough money yet, right, you're here and you're like, man, I really wish I had some capital to deploy into tuna, but I don't have some. I saw somebody put that in the chat that I don't have any money. Right, well, take your time. And we've got five ways every week you can Earn free Gary coin, which is swappable to. You can go to Jupe. You don't even have to have Solana. You can just swap it to Salon if you want. That gives you some capital to get in the game. It lets you start deploying or it lets you hold Gary and win with us. But best clip of the week, best share of the week.
Gary 01:13:49
If you come up on stage like Cats or J Chains did, Best show recap thread of the week. So if you want to take the show, you want to listen back to the recording, you want to drop it in AI, you want to write a thread about what happened, a segment of the show or a total show recap. Best thread, recap, best meme. So if we say something, if you want to make fun of us, if it's about something we talk about in the show, just tag GM Solana. And then last is the best listener. So we're looking through the audience every day. We're watching who shows up. We're seeing who throws those hearts. Like Matthew and Nisi. Right. Peyton throwing those hearts. We're seeing who's engaged. And we'll pick the best listener. Mr. Webb. Right. So lots of people here engaged.
Gary 01:14:28
So five ways. I just pinned that at the top. That you can earn Gary Coyne every week just for showing up in spaces. We'll see you back here tomorrow. I hope you guys have an amazing day. Squid, do you have our ending disclaimer?