SpaceX May Have Just Saved Crypto (What follows is BULLISH) Transcript

00:00 going to show you why I really love crypto, right? It's like being in crypto, you've got an unfair advantage. It that's literally what it is, right? Because if you think about the trad folk who left home yesterday or left work yesterday and SpaceX was trading at $147 a share and there was nothing that they could do about it except wait into the results.

00:19 Well, we in crypto could have just gone onto a decentralized perpetuals exchange and we could have captured the distance between the $147 where SpaceX closed yesterday and what is trading at right now, which is $161. And that's like the beauty of being in crypto. You got like an unfair advantage. Trad got their hands tied behind their backs and we can actually make money on trades.

00:42 I love this industry so much. I cannot tell you. Bringing the migration of everything onto chain is giving us people that are in that have been in crypto for so long such an unfair advantage. Here we are. We can trade 24/7 because we can connect our wallets to exchanges exactly like variational. And we can trade these these earnings as they come out.

01:01 And that's exactly what happened yesterday. The earnings the SpaceX earnings came out and my goodness my goodness what earnings they were. All the doubters, all the haters, like you cannot believe how they've all changed their tune. SpaceX completely, completely completely overd delivered yesterday. So market closes, right? SpaceX price closes at $147.

01:23 We go into earnings. Every other market's closed and SpaceX completely completely obliterate any kind of earnings forecast. Let me just give you some of the numbers, right? In terms of revenue, 14.58 billion versus 12.87 billion forecasted. uh space revenue was also higher. They break down all the revenues. The main thing is that their operating income was at about $2.8 billion.

01:46 Right? So effectively what's happened is SpaceX have now turned into the profitability curve. So they went from being a a lossmaking company into being a strong profitm company. Right now if you were in Tradfire you had to wait until today to trade that news. If you were trading with runs link on variational and there is a link below and you use the code omnirun you could have traded this last night.

02:09 You could have bought and sold shares of SpaceX. You could have like bought here like you could have like gone and just bought like one sh I'm should I would have you could have bought one share of SpaceX. You could have sold it. You could have do what you could do whatever you want while the trades are closed and SpaceX basically obliterated the earnings and became a profitable company.

02:28 Now, not only that, Elon Musk actually came out yesterday and he said, "As crazy as this sounds, they could get to $1 trillion in revenue by 2028." Okay, next year 2027, Elon's talking about a trillion in revenue by 2028. And not only that, that got everybody excited. So, you want to talk about excitement? I saw like a couple of things. The first one, this is Peter Diamantes.

02:51 Peter Diamontes is like a well-known futurist. And basically he's come out and he said, "Mark my words. SpaceX will be the first $10 trillion company and the first hundred trillion company in the world." Um, I saw people commenting. I'm going to try and find you this comment over here. It says, "Please Elon Musk, please don't end the earnings call. It was absolutely incredible.

03:11 Best earning calls I've ever experienced." After the earnings call, this is what happened from the from the analysts. SpaceX raised uh Caner raised to uh to $345 per share from 246. Um TD Cowan raises to 224 from 200. JP Morgan raises from 500 from 240 to 500. So all the analysts basically went and raised the expectations. So Elon absolutely blew the socks off anyone.

03:37 Now what are the things that actually blew people's socks off? I I'll actually start like playing you one or two of them just so you can understand how exciting this guy's world is. >> For uh for flight 15, which we expect to happen next month, uh we're going to attempt to catch both the booster and the ship. Uh this will be the if if we succeed will be the first time that uh an orbital launch vehicle has been fully recovered.

04:06 This is a this is a an a massive technology milestone. the the only way that we can extend consciousness beyond Earth on a sustained basis is with a a fully reusable uh orbital. >> So they're catching both parts of the rocket now, right? That that's the first thing. Um in terms of um uh uh bandwidth just so just so just like listen to this. >> Starlink is also just getting started.

04:34 Uh Flight 14 deployed 26 terabs per second of uh of Starlink bandwidth. Uh that's equivalent to 10 Falcon 9 launches. So a single Starship launch which wasn't even fully uh loaded. Uh it was about maybe half loaded and it it it did the equivalent of 10 Falcon 9 launches. So uh what what I expect over time is not not in the distant future probably within 3 years uh is that we will have about a 100 times the bandwidth of the current stallink constellation.

05:12 >> I mean you you understand the pace at which this guy is growing. Listen to what he said about revenues and becoming the a1 trillion dollar company by by 2028. I mean in a in a nutshell what this implies for uh SpaceX um annual recurring revenue by the end of 27 is somewhere between 500 billion and a trillion >> I mean trillion a trillion dollar revenue company by by by 2028.

05:41 He also did touch on the Tesla and SpaceX merger and there's quite a good reason why I want to talk about this today because Tesla earnings are actually coming out today. But listen to what he said about the potential >> question where I feel like I'm tough dancing through a minefield. >> Um but uh so I have to be thoughtful about what I say here. Um uh I think uh so so so both SpaceX and Tesla have formed special committees to discuss this idea um at the request of shareholders and uh these special committees are uh

06:18 consist of of independent uh independent directors and because I'm a conflicted party I can't actually be in the discussions of the special committees. So, it's this it's it's sort of a it's an odd kabuki dance uh where two two two groups of people are talking and I I can't be in the conversation. Um >> but he can say that there's been necessarily assume that >> let's just carry on.

06:50 >> Uh that a I think some people out there assume that a SpaceX and Tesla merger is is a certainty and I think that would be overstating it. uh the uh you know do do I think it would be a good idea? Yes. Um but at the end of the day uh we we the the shareholders have to be supportive of this and um and particularly on on the Tesla side, we will need a a 50% vote of all shares, not just those who vote, but of all shareholders.

07:20 And and that's a that's quite a high hurdle to to try to achieve. So um and and uh I can just say that at this point that the special committees have have not reached agreement on on >> Okay. So that's the potential of a SpaceX Tesla merger. So absolutely absolutely blew away everything to do that and he also said that I mean he came out and basically said that SpaceX is now like a GPU company.

07:45 They're basically a neocloud company. They're basically a data center company, right? And he reassured people in in in in in the whole data center uh thesis. And the reason why I want to talk about this is we've been talking about the whole slowdown of the AI trade and how um core weave and you know the market's been relatively skeptical about the the AI trade and you know whether whether this we can carry on funding these data centers etc.

08:09 We've been talking about it for the last two days and Elon basically just summarized it so so so beautifully and I'm going to read this to you because I think it's so important. says, "I believe is that the value of compute per watt will increase over time, not decrease." And the reason for that, I think should be obvious to people. He say the reason, sorry, I'm trying to read off a backwards screen here.

08:28 I think uh the um and the reason for that I think it should be obvious to people really is that as you improve the AI software, as the models get better and better, you are able to get more useful intelligence per watt. And the value of computers proportionate to the useful intelligence per watt. And that's why you see things like old computers like H100s renting for more because than they rented when they when they were new.

08:51 Uh and I think that that's likely to continue. I think we're going to face a shortage of super intelligence compute. That's the part that a lot of people are basically missing. They're basically saying, look, you know, at the current uh levels of AI, the the current buildouts can't be supported by the revenue that's being generated. But the part that they miss out or the part that humans probably can't comprehend is the fact that the useful intelligence per watt is going to increase so significantly as the models get

09:17 better and better that it makes the the compute and the spend on the data centers more sustainable. Now that was that was a very very big part of what we said. When you combine that with the fact that SpaceX is now you know built is is a NeoCloud which is a little bit bigger than Core Weave and it's in the top two NeoClouds powered today. It's a little bit bigger than core and core has been the company at the center of this whole like you know can they manage building out their their AI compute uh their their build

09:46 with interest rates actually going back up. I think again the one sentence that you or the one paragraph that you got to read again is about this um useful intelligence per what and basically how much more we're going to be able to generate out of AI and that's the part that most people don't understand right um and so again it what it did was it gave us a state of execution on the AI trade so you can see like the AI trade the the core weave trade still holding above that line if you look at uh if you look at the Cosby

10:14 trade the Cosby trade recovered I I use Cosby as a as a as a measure of you know the uh AI because you know the Cosby which is the Korean index is made up primarily of SKH highix and Samsung which which are both highly AI companies. So we have a state of execution I think on the AI trade. I think what Elon did was he saved the AI trade. At the same time we had anthropic file their preipo papers right and in those preipo papers again there were like a lot of things that came out of it.

10:39 The first thing is they did $16.3 billion in revenue in the first half of 2026. They lost $80 billion but that's not really what they lost. They lost $80 billion because they had to write up certain stock options and stuff like that. It was a whole lot of shenanigans. Um, long story short, they again confirmed the need. They say cloud commitments of about $450 billion over the next 7 to 10 years.

11:01 The the the need for cloud computers. So now I think that the market is divided into two parts. There are those that are worried about AI being a bubble and there are those that believe that that AI uh that the d that the sustainability of AI isn't big. So there are those people. Then you get another side of it which are saying that there is an insatiable demand the Elon side of it where there's going to be an insatiable demand and the the intelligence per watt is going to increase so much that the the current build

11:32 actually is going to be completely completely justified. And then you've got people like Ken Griffith. Now, this is interesting cuz I don't trust one word that this guy says. I know that everything that he says is to manipulate the media uh in order to believe something. This is the guy that that bought Leopold a uh what's his name? Leopold's fund. Um uh uh listen to what he says.

11:52 we don't know is how a as as these models become more intelligent, how much are they able to to demand extremely high pricing because they help to actually solve the problems that have vexed humanity for centuries >> because people don't know the answer to that. Often the conversation goes to this this bubble one that maybe this is a bubble. Um Ray Dallio thinks it is.

12:18 Howard Mark says he's on bubble watch. The BIS says that it has echoes of the dotcom boom and I wonder whether it is knowable if this is a bubble and if you have any particular thoughts about that if it is a bubble and if it one it's one that looks like it's going to burst at least in certain parts of the different AI layers. Well, so so the big picture is there's there's almost certainly bubbles within this moment in time and and any radical transformation of our economy is generally intertwined with a bubble.

12:49 All right, I remember back in 1999 2000 and the metrics that we used to value internet companies and and let's be clear, some of these internet companies had pretty fancul business models. But I mean, I just wish I'd kept my Amazon stock from that moment in time. >> That's exactly it. So there's there's two there's there's two schools of thought. Those that can see how Amazon goes from selling books to selling pretty much everything on the internet and those that can't, right?

13:14 And those that can are usually the VCs. So like the VCs are the ones that are you almost say like trained to identify how markets are going to evolve and how markets are going to grow. Right? 1% of the companies represent 90% of the AI spending at the moment. But of those 1% of that 80 to 90% are from unprofitable VC backed companies. Right? the VCs are backing the companies because they think that the business model will evolve and the business model's evolution effectively goes back to what Elon was saying and that

13:46 is that we're going to get much more useful intelligence per what and so that's my thesis my thesis is that what Elon came out yesterday and said he basically restored people's faith or reminded people about AI and how you know you cannot in 2000 there's no way that you could have looked at the internet in 2000 and said look bro social media look at how social media is going revolutionize the world.

14:07 You could never have done that, right? And what a VC is trained to do is a VC is trained to almost think how will this evolve? Where will this go? How will this um how will the the the S-curve actually continue to grow? And that's I think what Elon came out yesterday and basically gave a stay of execution to the entire AI trade. So I think a couple of points here.

14:29 The first one is, you know, bullish AI. Uh, exceptionally bullish AI again or always have been, but you know, just sometimes you do you do worry about when the market rattles you. I'm back I'm back on the I I mean, I'm buying Corewave. I I actually took a big position in Coreweee. Uh, not on this account, but I actually will start taking the them on on these accounts over here.

14:47 I think probably a good time to take a position in Corewave. Um, because I think that when the AI trade turns, Coreweave will be the first one to turn because it's become the data center proxy, right? So, like I mean, let's just for fun, uh, one core we've one core we've shared now is $60. Let's just for fun, let's just take a 100. Let's just take a 100 core we shares.

15:08 Just we'll put them in here. We'll put them in this in this in this here and we'll just hold them for fun just to see how the AI trade is tracking. So, if you want to be buying these shares after hours, etc. when the earnings come out, you can do it on variational. If you do, you will be buy just by buying and you're not paying any fees to buy. Um you if you the fee is actually zero here.

15:29 Um you are earning points and they're having an airdrop sometime like in the next 2 months and like I earned 400 points last week which is crazy. That's like $40,000 worth of of points if if if the points are valued correctly. So I would do it. There's a there's a link below. Use the code omnirun. Today there are two results that are coming out if you want to do it.

15:46 So the first the first um result that's coming out today is Tesla and the second one is is Meta, right? So you can see today that the two big ones to watch Meta, Tesla and IBM all have their their their earnings today. So when the market closes, you won't be able to trade Meta shares. But if you want to trade meta shares as the results come out, you can go to variational and you can buy sell them because the price will be live on variational.

16:09 Use the code omniron. You get a 15% points booster which is the biggest points booster in the industry. So I would really really do it trading stocks 24 hours. It really gives us an advantage over the trad. It really gives us a massive advantage. Um, I will also I'll be trading the the the Tesla results live today because I know there will be volatility in Tesla and I think there'll be volatility in Meta as well.

16:30 All right, let's go back to crypto. So, when the AI trade runs, the crypto trade runs, as you can see, we've had a breakout over here. Um, I don't think that this is the vicious move that we've been waiting for. Like, I still think that if you look at the Ballinger bandwidth, that's the the the the metric we were looking at yesterday. Uh I do believe that it is still quite low and I don't believe that this is the big move that we've been waiting for.

16:51 Although this breakout is encouraging maybe there will be a move up before we get another move down which is amazing right the good thing to note is though that there is a correlation now between AI and crypto and I think that that's something that we really need to pay attention to. The reason why I say it's saying we really need to pay attention to is I think it's time that we start understanding that AI and crypto are exactly the same thing.

17:14 AI is the infrastructure, the data centers, the the SpaceX flying rockets around the world is the infrastructure and the infrastructure for AI. And when we think about what AI is, AI is just a bunch of agents. So whenever we talk about, you know, the AI trade growing, it's logical that if the AI trade grows, literally they are funding the infrastructure that's going to build the useful intelligence per watt.

17:39 Now when they talk about the useful intelligence per what means the the number the the the useful intelligence that the agents are going to have um per watt of data center that these guys actually build. Now think about it like this. The more data centers they build, the more useful intelligence that we're going to build, the more useful intelligence that we're going to build, the more agents that we're going to have that are going to have useful intelligence.

18:02 the more useful intelligence agents that we have, the more agents are going to transact with each other and the money for agents or the transactive transactions for agents are going to be settled on blockchain rails. And so it really does make sense to me that since the AI trade recovered, so did the crypto trade recover. And when I talk about the crypto trade, I don't only mean the Bitcoin trade.

18:24 Bitcoin is is a proxy obviously for cryptos still. Um, and nice to see that it has broken out on on the daily here, which is I think I think this is a great breakout by the way. There's a first breakout there. There's another breakout here. Nice to see. But nice to see also that in the last 90 days, crypto and Bitcoin have been outperformers. Right?

18:41 When I say crypto and Bitcoin, that's Bitcoin over there. That's all the other markets, IGV, Nvidia, etc., etc. And what you can see is that the altcoins are the ones that are actually performing the best, right? And the reason why I think this is so encouraging is because if you think about what Bitcoin is, Bitcoin is a store of value. And if you think about what all the other crypto assets are, these are the protocols that the AI agents are going to settle on, right?

19:05 Like if you think that in the future humans are going to be the ones to use lighter, they're not. If you think that in the future humans are the ones that are going to be the the ones using layer zero, they're not. If you think humans are going to be the ones using aerodrome, they're not. It's going to be AI agents. So when you start looking at a crypto chart, start thinking about if if crypto is if if if crypto is AI money, if crypto is how AI is going to settle and all these big data centers were built so that we can

19:31 have a lot of agents and they could all settle in blockchain rails. Now you start looking at every one of your your um your crypto assets and you start thinking of them in a different light. So like you look at NIA and you say who's going to use near intents? Well, it's going to be the agents. It's not going to be the humans, right? And if you think about like unis swap, who's going to use unis swap?

19:49 Well, it's going to be agents. It's not going to be humans, right? So that is how I look at it. Every every one of these coins is an AI coin. So yes, a render is AI compute. Uh unis swap is AI trading. Lighter is AI is AI hedging and derivatives. Uh Pith is AI oracles. And so every everything here becomes an AI coin. And that's the way that I think that you should be looking at crypto at the moment.

20:11 I don't think you look at crypto and say, "Oh, you know, they are AI tokens. Who are the AI tokens? Oh, well, Pearl is an AI token. Yeah, Pearl is an AI token. It does computation um AI computation as a form of mining, so to speak. It's flying because it got coinbased listings. Um it it hasn't been listed on many exchanges, and now now it's flying because it it's started to get all those all these listings.

20:31 Um yeah, but if you start thinking about every coin as basically an AI coin, and that's basically how you start looking at crypto. when the AI sector goes up and when the data centers carry on being built, then the um then the the tokens that then the entire crypto market should go up because that's actually an extension of the money and the protocol and the money protocols that these AI agents are going to use.

20:53 And that's basically how how I look at at at crypto every every single uh protocol for me barring one or two. So let's talk about one or two that are not really AI but but really doing well. I think the first one that I want to talk about is cards. The reason why I want to talk about cards, obviously I want to take my victory lap, have been speaking about cards for a long time.

21:10 Um, you know, even when everyone doubted cards and they said, "Oh, Pokemon cards, Pokemon cards." Guys, I've been speaking about cards since it was 12 cents. It's It's been in my Discord since it was 12 cents. I've offered you I did offer you to be in my Discord for a long time. Unfortunately, now the Discord is closed if I'm not mistaken. We will check.

21:28 I think it's closed. I think we're not taking on any any new members, but we'll check now in a second. We'll know in a second. It's closed. Let's have a look here. I think we are not taking any more members, but let's see. Yeah, here we go. Research applications. So, there's a link here. You won't be able to get in, but keep clicking the link and whenever people fall out, you can basically come into it.

21:53 But I have been calling cards there for a long time. Um, you got to you got to understand like how so cards for those of you who still don't know is a they do Pokemon cards or they do collectible cards in the form of of of crypto token so to speak, right? So like they they are the bridge between the real world asset which is a Pokemon card or a any any collectible but specifically Pokemon cards.

22:13 Just want to show you something about Pokemon cards which is actually like amazing. Pokemon cards is one step from taking Nvidia as the world's best performing asset. How's that? H how's that? If you look at like the the increase it in so so Pokemon cards are a massive massive massive business, right? Um and the the one thing that the one thing that's like like amazing.

22:35 So one is look at this chart that's printing a perfect perfect cup and handle on a very long-term time frame. Right. Right. That's I mean that's going to definitely explode. When it does it's going to go for its next leg up, which is I think going to be amazing. So that's been that's why this has been one of the ones that that have been on my on my thing for a long time.

22:51 But get this. So yesterday they did they partnered up with Pump Fund. They did $24 million in revenue in 24 hours. Okay. Okay. Now let's understand what they're doing. They're doing gacha pack gacho packs, right? So basically it's packs that you open, you can open them uh digitally online and you don't know what's in the pack. Can be watches, can be Pokémon cards.

23:15 You can you can basically do these gacha packs online, right? And they've got a partnership with Pump Fun. Now, let's just talk about in the first like day or the first big day of the partnership, $24 million in revenue in one day. Okay. Now, there's Yeah, this guy Simon broke down. He says $281 per second, $16,875 per minute, a million per hour, $24,300 per day, $170 million per week, $739 million per month, and $8 billion per year if they carry on.

23:47 I'm obviously not they're not going to carry on at that trajectory, but it's insane to see how this company is growing with their partnerships. Some of the things you probably don't know is that they got a partnership with Pump Fund. They got a partnership with Coinbase. They got a partnership with Radium, right? Oh, sorry, with Jupiter, I think it is with Jupiter.

24:04 These guys are doing a whole the new Gacha Angels pack is live on uh uh uh on on Jupiter. Okay. So, you can see that these guys have got a whole lot of like partnerships. So cards is part partnering a whole lot of partnerships in this big um gacha pack thing where basically you take this pack you don't really know what's in the pack and there's like a whole thrill of opening up the pack and really understanding it right and really understanding what you got.

24:26 So you know you put that onto a thing and like this is like a big revenue generating company and this is like again like a really really big revenue generating company. The other one that's probably worth talking about because they have the partnership with cards is Pump Fun, right? So, Pump Fund again, um they've got this influencer. Yeah, I call it influencer.

24:43 His name Kimchi. Um Kimchi basically joined Pump Elon Post. They said Kimchi is the first person to truly cross a chasm between crypto and pop culture. The first example of a trader becoming a celebrity, right? This is around this guy called Kimchi who is a trader who made allegedly made $40 million on the Trump coin. He joined Pump yesterday or he made money on the Trump coin.

25:04 He made a couple of million dollars. Yeah, he made $40 million on the Trump coin. He joins Pump Fun. and his account gets funded with $6 million worth of pump tokens and bang, now he's on Pump and everybody's talking about how Kimchi's on Pump. Again, I'm very comfortable that I removed my position. I'm not I'm not in Pump anymore. And I'll tell you why I'm comfortable, right?

25:23 To me, the Pump business model is absolutely flawed. Why? Because their business model is around as many people launching as many tokens as possible because that's how they make their money. Pump is a launchpad. A launchpad makes money when more people launch tokens, right? If that's the model, you are counting on people launching tokens that are going to go up and go down.

25:44 I prefer the FOMO model. The reason I prefer the FOMO model is because they encourage people to hold because you can see everyone's P&L and you can see what everyone's holding. There's a big difference between that and encouraging people in your core in your core product to encourage people to launch more and more and more coins. I think that that business model is broken in incentivizing and encouraging people to just keep launching and launching and launching and launching new new coins is a bad behavior.

26:10 What you want is you want people to hold the tokens they have conviction in. Right? That is what you want people to be doing. And that's why I think that the pump business model is fundamentally flawed. And that's why for me like if I fundamentally don't agree with the business model of a company, then I prefer to invest in in in in in a place where I fundamentally do agree, right?

26:31 And so I don't agree fundamentally with how pump has positioned their business, which is why in our portfolio, like it was nice while it lasted. It was a great call. It was a great call in our Discord group. We we we we caught the pump trade. But hey, I closed the trade and I've left money on the table. Like I know it's going to get higher than the 4.8 where I closed it.

26:48 It doesn't matter. It doesn't matter cuz there's so many opportunities here and I can align with tokens that I that that I really believe in what they're doing. Right? So talking about that, what you can see is both of those tokens, cards and pump are both on Salana, right? Like Salana, they're both Salana tokens. So whether it's whether it's Pump Fun uh launching meme coins or cards trading collectible cards or actually whether you're talking about u uh um uh tokenized stocks and the growth in tokenized stocks or

27:15 whether you're talking about any other app ultimately like this is the people holding tokenized stocks on Salana. Ultimately all of these use cases are happening on Salana. So why do I want to talk about that? Because if you think about like let's talk about Salana for a little bit because I think it's super important that we talk about Salana. Salana was a memecoin chain and one of the big criticisms that people had was soul is nothing but a memecoin chain but look at the growth of the tokenized stockholders on on

27:41 Salana. Look at the the cards. We we just spoke about cards on Salana. The one the one thing that that um sorry someone here says run is always bullish. His name is A modem. A modem. A modem. I am always bullish. And let me maybe pause and tell you why I am really bullish. Right? Let's maybe just stop this row for one second and talk to a modem. You say I'm always bullish.

28:06 What do you expect me to be? I'm seeing the biggest opportunity of our lifetimes. I am seeing that I' I've been here for like 14 years. I've been in crypto for 14 years. And for 10 12 of those 14 years, I had no idea what crypto was ever going to be used for. And we know we went through bull markets and bare markets. And I lost my conviction along the way like with many other people.

28:26 And then this year we kind of realized that there's going to be billions and billions and billions of agents and these billions of agents are going to be doing transactions on blockchain rails. And ultimately I find myself after 14 years of being in this industry and fighting for this industry. I find myself at the intersection of the most exciting industry in the entire world.

28:49 And what is that exciting the most exciting industry in the entire world? Imagine that the biggest revolution of our time is AI. AI means that we're going to increase the workforce, the human workforce by exponentially by 100x. And not only are we going to increase the human workforce by 100x, but those agents are going to be transacting at a velocity that humans can't even understand.

29:07 And I find myself as an early investor in these protocols. And I find myself as a person who has an understanding that is asymmetrical with other people that I have an advantage over other people cuz I have an understanding of how these protocols work. So you want to tell me that I'm always bullish? Yes, I am. You know what? Interest rates may go up or down and maybe the markets are going to maybe Bitcoin's going to go to 83,000 or 82,000 or 81,000 or 78,000, but ultimately we're in the most exciting industry in the

29:36 entire world. like we are lucky enough to be here in the most exciting industry in the entire world. We are the the rails that power the money for the AI agent revolution. So yes, obviously I'm bullish. Obviously I'm bullish. Yes, okay, there might be war shenanigans and there might be midterm shenanigans, but obviously I'm bullish, bro. Obviously I'm here every single day and I'm bullish and I and I want to stream every single day.

29:58 Why? Because because where else in your in your life are you going to find yourself at such an opportunity where you have the understanding, you got here early, you have the ability to invest, and you're at the intersection of the most of the two most exciting things in the world, AI agents and the money that AI agents basically land up using. Obviously, I'm bullish, bro.

30:19 On with the show. So, going back to it, going back to it. Um, Salana is basically proving now that it's not only a memecoin. It's it's not only a memecoin, a chain. It's actually a chain for tokenized stocks. It's a it's a chain for it's a chain for real world assets. It's a chain where the chain uh creates the most app revenue. So, there's no there is no other uh uh uh chain that has created more revenue for the apps that build on top of of that infrastructure.

30:48 Right? So, and that is that is before Salana actually was able to compete in PEPS. So, like the one place where you could say Salana may be faulted was PEPS. Salana wasn't didn't really do well in per hyper would actually beat it to per right. But today and in fact right now as we are live Salana just did an upgrade. The upgrade is called Alpenlow. I think it just went live and there we go.

31:13 It's actually live. We're watching it live. It went live in the show. And you can see that with this new upgrade, the time to finality is 211 millconds. Actually, it's 150 millconds or 200. See, this is the the time to finality of a Salana block. Now, in the old days, the Salana blocks were too slow and therefore the perpetuals game couldn't be very good, and there was a whole lot of other applications that couldn't really be built optimally because the because the the time to finality wasn't fast enough.

31:42 And now we're at a point where Sana just did this upgrade literally as we are going live. And this Alpenlow thing is live. So Alpenlow just went live. That's the dashboard. It shows you basically the what's it called the watch tower, the watch tower of Alpaglow. And it talks about the time to finality of every single block. This is a a big change for Salana.

31:58 And I know it doesn't feel like it now when you look at the price, but ultimately very soon you're going to see a whole lot of new apps, um, new perpetuals exchanges with much better experiences actually built on Salana. And this happens about a month before Salana Breakpoint which happens. So Salana Breakpoint's happening in London between the 15th and the 17th of November.

32:17 So it's important that we actually start to think about Salana now. Why? Because in the next month um in the next month we know that 14 days before the Salana breakpoint Salana usually runs. Like we we have the chart researchers just send me the the the chart quickly. um uh that that shows the one of our researchers Joe actually made a chart uh that shows Yeah.

32:45 So, so um there is the breakpoint event that's happening in London. We know that the product that the salon is going to move, but not only will Salana move, so will the protocols. So, if you can identify the protocols, you don't need to identify anything because we we've actually done that for you. You look at all the the founders that have live tokens.

33:04 So, Backpack, he the founder of Backpack, Armani, is actually speaking at uh Breakpoint. Um Jupiter, the founder is speaking at Breakpoint. Camino Cards, all these guys are actually speaking at Breakpoint, right? Which means that they'll probably announce some kind of news, which means that you should probably watch their token prices between now and then, right?

33:22 The other one that I'd like start watching is now that the time to finality is very fast. You can look at like sex dex trading which feels like sex trading like that's that's the JTX platform GTO. This is the the JTX. This is a by the way this is a decentralized exchange. This is like a competitor to unis swap and look how amazing the user experience is.

33:44 Like it's it's absolutely absolutely unbelievable. That's what you can do on Salana that you can't do on Ethereum and you can't do anywhere else. So I think from today let's start watching Salana. Why? Because Alpin goes live. We are 3 weeks away from uh Breakpoint. By the way, I will be going to Breakpoint. I'll be doing some live interviews covering it there.

34:00 So I think it's going to be um I think it's going to be a big um uh yeah like I think it's going to be there's going to be a lot of movement now in Salana and Salana related and Salana related tokens, right? And I think what we'll do in the next couple of days is actually look at the specific tokens and how they I'm not going to go into it today uh in terms of like how each token can benefit from the the upgrade.

34:21 But ultimately there's going to be lots of moves now in the next two weeks around the Salana ecosystem. So maybe worth starting to pay attention. Maybe we're starting to pay attention. Um what else is there? Let's quickly look at see how the market's doing. Bitcoin all going up. Look, I'd love it if the move was up. I really would. And especially if we could get I mean if you look at that chart pattern if we can get like a a higher high.

34:43 If we can get like to 87 88 from here and just continue this this higher high that would be amazing. Let's see what it looks like on a slightly shorter time frame. Yeah. I mean there's a there's a good uptrend happening here. Very nice uptrend actually happening here. Um let's talk about a couple of other things. I want to show you something but I'm so reluctant to show it to you guys cuz it's not like it would be like pulling a cake out the oven that's not exactly baked.

35:06 But you know I'll actually show you. So, let's talk about a few things. First thing is first, if you want to get a big $1,000 airdrop position and you're looking for an exchange that's non KYC, so go to BTCC. This is an exchange that's no no KYC exchange. When you open an account, you get a $1,000 airdrop position. Just follow the instructions over here.

35:24 So, go and have a look at that. Uh, also, if you are in the US and you want to trade per in the US and you want to trade on a regulated exchange, of course, you can go to Kelshy. Um, if you do sign up with Kelchi, you can win one of the $1,000. We gave away I think one or two of the $1,000 already and we're going to carry on giving $1,000 up until we give away the $5,000 to people who sign up.

35:43 So, if you're looking for a per exchange in either you can I'm not going to show you pro mode because I'm not logged in here, but you can actually see it over here. All right. Now, here's what I'm I'm reluctant to show this to you. So, I'm only going to show this to you if you promise not to break it. Should I actually show it to them? I'm so scared to show them.

35:59 They will break it. Eh, >> they probably will. >> You will break it. Okay. Try not to break it, guys. try not to break it. Um, so we launched a we launched a terminal a while back. It's called insert.trade. You probably know about it. Um, if you don't know about it, if you're part of our Discord groups, you can go to insert.trade and you can actually trade directly from this this platform, right?

36:22 So, if you like if you're part of 247 research and I post a trade, I'll actually quickly show you how how it works. Focus here because this is actually like really very something that we we built it into something very very very cool. If I go to the Discord group and I say to you guys, hey, let's buy, hey, let's hey, testing, let's just make testing.

36:43 Let's buy Salana. And you are connected to our Discord. Um, and you go to insert trade. That trade comes onto the trading terminal pre-populated, and you can with one touch, you can actually take that trade. So, here we go. I've preset an amount of 5K and I press the button and there we go. Oh, you can see I'm long 5K of Salon over here. So, it's amazing.

37:04 You can basically trade from every single one of our calls. But now, we introduced a new feature and the feature is called trading rooms, right? So, you can see that Sniper right now is live in a trading room and he's doing a and anyone can start a trading. You can you can go there and you can create a trading room. So, go there, create a trading room.

37:19 Um, ultimately, um, Sniper is live here. We can go into his trading room and you can see he's actually live. did have a couple of stoppages on shorts, but I want to talk about a couple of things quickly and then I'm going to go through the markets and we're going to go through trade setups. The market does look >> Yeah. So anyway, Sniper Sniper I'm I'm going to quickly mute this tab quickly.

37:42 So Sniper is live in his trading room at the moment. And what's going on here is that if you're connected, you can actually see every position that he has that every trade that he's posting. You can take it directly from the terminal. So you can go long or you can go short. Like if I want to short I'm scared to short this Zeke. No, I'm not going to short Zcash.

37:58 I'm going to go long aptos. Just I can click here. You can see all the trades that everybody else is taking. So, you can see over here you can see all the trades that everybody else in the trading room is taking. Right now, he's got I thinkund and something people in the trading room. You can see who's taking the trades when they're taking the trades them.

38:13 And ultimately, you've got full trading room functionality in here. Now, the reason why I'm saying this to you is number one, go and join Sniper Trading Room if you want and trade with them. Number two, and I'm not sure if this is actually ready yet, but you can go and start your own trading room and you can get people to go and follow you. So, go and follow you and actually like, you know, start following your start a trading room, guys.

38:32 Go and go and trade. Start a trading room. You don't need to do a video. You can do a trading room with just with just posting trades. Um, but yeah, go and try it. Go I mean, it's it's still we're still building it. It's it's it's a new thing. We're still doing it. Please don't break it. Please don't break it. If you want to go and check it out, it's at uh insert.trade.

38:47 Just go to to insert.trade. There's a there's a link below. Otherwise, I think Sniperino is actually live. Is he live or what did I do here? I think I destroyed it. You see, I think I broke it or you guys broke it. Let's see what happened here. I need to refresh. Okay. Manage your risk. If it goes incorrect, right, you lose a little bit of money, right?

39:15 So for me like if things went incredibly south today for let's say a couple of the the the two shorts right like should be losing 3% 4% 5% maybe right maybe 10% if it's a bit much depending on the amount you can sometimes you trade small accounts you got backup money a little bit more in the account only trading accounts >> right but taking 30 50% hits and stuff like that that is literally one simple skill of learning how to manage your risk you fix that skill That's going to make you trade 20.

39:47 >> Anyway, yeah, that's it. That's I mean, that's what I wanted to show you guys. Don't go and break it yet. It's a halfbaked product. It's not We weren't even supposed to launch it. Sniper is just testing it for us, but I was just so excited that I had to share it with you guys. Um, some issue with abnormal bandwidth consumption from this tool. Okay, that's we should look at it.

40:03 Yeah. Um, anything else? Did we miss anything? Are there any bubbles that we should talk about? Let's quickly just look. I mean, compound was up 2539. Let's have a look here. Let's see what else is is running here. Pearl, we've already spoken about that. Very interesting token. Pull. Um, it's basically a a way for people to solve uh uh complicated AI.

40:28 Instead of wasting your compute power, you actually mine by solving complicated AI problems, which is like what a good way of optimizing like proof of work, so to speak. Um, near up again. Yes, I'm I need that that trade up again cuz if you look on variational I'm actually down. Okay, so you see you see now my my trades on variational starting to my AI trades I'm $58 up.

40:52 This core weave trade, mark my words, you'll see from in a on a percentage point of view that core weave trade is going to be good. Lighter has got their Q3 call today. So we'll see that later and then hopefully that position will be saved and then all my positions are basically in the green again hopefully. Um, cool my friends. I'll see you guys again tomorrow. Until then, trade well, my friends.