On the mic
Summary
The hosts opened the Monday episode of ATC by playing a podcast about Thon that was generated with Google's NotebookLM, then talked about where AI and crypto overlap. They covered signs of a market top, including the Coinbase App Store ranking, realistic portfolio targets, unstaking ahead of time, and how to use RSI for entries and exits. The news segment covered FTX creditor repayments and the FTT pump, Ripple's RLUSD stablecoin mint, the Nikkei drop, and this week's US jobs reports. Much of the show focused on meme coins and AI as strong narratives, the first 10k NFT collection to mint out on Stacks (LEO), and Mudang's quick run-up. The hosts also previewed tomorrow's episode with John Deaton and gave away two LEO NFTs. All of this is discussion, not financial advice.
Chapters
Reactions to the AI podcast, the John Deaton episode preview, and the LEO 10k mint on StacksMomentAt 0:09:22 on X
Questions for John Deaton, and the US role in crypto compared with the rest of the worldMomentAt 1:03:36 on X
How fast Mudang ran up, and the story of a holder who sold seven hours too earlyMomentAt 1:16:32 on X
Key quotes
“You want to be able to exit at the right time, and everyone's right time is different.”
NatNat0:19:13Share on X
“I feel everyone should just have a target for their portfolio.”
Samara0:20:00Share on X
“Don't don't be locked when your tokens are going to Baja.”
Kool0:21:59Share on X
“if you have that plan, just stick to that plan.”
Dave0:46:16Share on X
“Exponential growth happens as long as you're consistent”
Excerpts
Mudang hype and the SNL mention
- 0:01:06 Kool Yeah. Yeah. I'm going well. I'm going good. I'm just hearing all the all the hype, man, with this Mudang thing, man. It's pretty crazy. I heard it was was being talked about on SNL last night. Isn't that nuts?
- 0:01:17 Dave Yeah, bro. It was wild. Like, the... It was crazy. When they came out, I actually went to Sunpump. I was like, do they have a version of this? Yeah. Good luck. There was, like, eight versions of it already. I was like…
- 0:01:45 Dave I mean, to to get that thing to a billion dollars is gonna be a Herculean effort for a five x. It's like, I'll just buy some Thon and go from, like, 20 k to a 100 k, and then I think I'll be good. You know? Not that…
Playing a podcast about Thon generated with NotebookLM
- 0:02:17 Dave No. No. No. No. No reggaeton. It's gonna be a quick little excerpt so that you guys can hear because I've been playing around with Google Notebook, which is absolutely the... I mean, the most insane thing ever. It is…
- 0:08:20 Dave How crazy is that, bro? How insane is that? That I simulated an entire podcast, right, with maybe, like, two or three different sources of information that I gave NotebookLM, which is a new Google product, by the way…
- 0:08:50 Dave That is not a real podcast. Those are not real people. Those are AI voices, and everything in that was simulated.
Reactions to the AI podcast, the John Deaton episode preview, and the LEO 10k mint on Stacks
- 0:09:22 Dave Yeah, man. That's that's, like, the level that we're at right now where, like, if it's if it's really hard for you guys to discern, right, like, if it's gonna be AI, that's stuff that I wanna be a part of. Right?…
- 0:13:32 Dave I actually picked up, like, three or four extra on the market. So we could do two winners for sure. Yeah. Let's do it. Let's do... Let... Let's do two winners. So, everybody, obviously, if you can, retweet this space…
- 0:14:57 NatNat It was great. It was great. My mom, she flew back, so it was nice having... She flew back yesterday. It was nice having her around. Such a good time. Amazing family vibes. It was spectacular weekend. Can't complain.
Coinbase App Store ranking as a signal of a market top
- 0:16:12 Dave So, Nat, cool. The first story that I... That really caught my eye was when I saw... Because, like, cool. I just remember you talking about this all the time, and this is literally, like, an indicator for me where I'm…
- 0:16:44 Kool I I saw... I just see that, but I I I try... I still have the... I tell people people that follow me to down... Not download. Follow this account. It's a Twitter account that tracks the claim bank... Claim based app…
Having an exit plan and realistic portfolio targets
- 0:19:13 NatNat Yeah. And to to Cool's point, and I believe you mentioned this as well, Dave, this is why entries and exits really matter. Right? You want to be able to exit at the right time, and everyone's right time is different…
- 0:19:47 Dave Facts. Big facts. Samar, are you on the indicators that you're looking for other than maybe the Coinbase the the the Coinbase indicator as far as, like, top signal other than GRASS?
- 0:20:00 Samara It's... Oh my god. Bro. So, yeah, my top signals... Yeah. The the Coinbase stuff. Yeah. The Coinbase stuff is one, and I have, like, a target for my portfolio. And once it hits that... It's a realistic one. So once it…
Unstaking tokens before the market heats up
- 0:21:59 Kool So I'm I'm pretty heavy in DeFi, so I start to unstake all my tokens. I unstake everything. On stake on TIER, Dimension Saga, Polkadot, Ethereum, Ring. Bro, I'm I'm staked in probably 15, 20 projects, man. So I unstake…
- 0:23:49 NatNat Yeah. I think for me, that euphoria section in the market is usually where I start looking for an exit. Right? Because we saw that happen every crypto cycle where it's like, oh my gosh. Everything's going to go to a…
- 0:24:37 Kool What you just said right now. Yeah. Yes. Yeah. Do wanna say that now. And then now please explain explain to them. Explain to them what RSI is and tell them how they can find it. And this... What you just said right…
RSI explained, and using TradingView for entries and exits
- 0:24:50 NatNat Alright. So to break it down, guys, RSI is... It's basically a... An indicator that's used... That most individuals use to let us know whether it's a good time to enter or a good time to leave it alone or a good time…
- 0:26:51 Kool Relate Yeah. Yeah. So... And this is real quick. And the the RSI stuff, it's... Like like like I said, she's honestly correct. So it's... You... It's just a chart. That's it. And your your your your... The higher the…
FTX creditor repayments and the 70% FTT pump
- 0:27:34 Dave we say RSI, just everybody knows. Like, I know we we deal in acronyms up the wazoo here, but it's it's essentially an acronym... The acronym is relative strength index. Right? And what it is is it's momentum…
- 0:32:46 Dave a game. So now here... Here's the follow-up to this story, and this is what boggles my mind where I'm like, there's so much opportunity in these markets. Right? The FTX... The FTT price, the token, is still trading. It…
- 0:33:38 Kool Exact... Exactly. They'll change the name. They'll give that thing to BlackRock or Fidelity or or or Vanguard, man, move on. That's it. But this game is nasty, though, man. I don't like it, man. It's nasty out there…
XRP price predictions on the timeline and Ripple's RLUSD stablecoin mint
- 0:35:33 Dave You're... I mean, bro, you're right. You're you're a 100% right at the end of the day. Yeah. That's what it is. Oh my god. I wanna talk about this this whole, like, ripple thing. But before I get into the story, I I…
- 0:37:49 Kool I don't I don't see any of the SFP stuff, man. I'm not sure what the hell you guys talking about, man. I don't see shit.
- 0:38:22 Kool You know what? You know what? No. No. But do you know why? Because I don't I don't tag I don't tag any workout stuff. So I don't I don't see none. None. Well, but I do tag, you know, well stuff and marginal stuff and…
Nikkei drop, Fed speakers, and this week's jobs reports
- 0:42:26 NatNat Yeah. So Japan. Right? The Nikkei two two two two two five, which is the stock market index in Japan, it it... Overnight, it was minus 4%. So this is why we saw that move in BTC because it kinda follow the Japanese…
- 0:44:08 Kool You know what, Dave? I I have I have a feeling that that that this this market might take a lot longer than that people expect to reach the numbers they want. I don't think we're gonna... It it just feels like it…
- 0:44:48 Kool Exactly my point. Because they have they have all all the tools to see where the money flow, the the volume. You think they don't know what I know about the App? I just... Dave Dave's friends with the founder of of…
Reacting to dips, plus meme coins and AI as leading narratives
- 0:46:16 Dave Alright. So let's talk let's talk market for a second. Right? And then I'll go into the Bolivia story. Bolivia sees a 100... They saw a 100% in overall transactions once they implemented crypto payments in a lot of…
- 0:51:18 Kool Yeah. The the game has changed, man. The game has changed. I do blame VCs, though, is their fault because, you know, when all these layer one, layer twos, when they come out, they're launching at a 10,000,000,000 or f…
- 0:55:42 Dave Mudang. What the fuck? Samara, go for it. We're gonna get into the Mudang conversation in a second.
Recap of the LEO NFT mint and the Stacks gas war
- 0:58:48 Dave Guys, we have two official trailers now because we're fancy. Yeah. I pinned up to the top. I pinned up the Miles tweet. I pinned up the John Deaton tweet. So... Excuse me, any any love, any share, likes, whatever? You…
- 1:00:38 NatNat Yeah. No. I agree with you. I was very, very impressed because when I saw the initial amount, like, 10,000. Right? Any... Natural reaction was like, wow. Wait. That's a lot. And then literally to see it sell out, I'm…
- 1:01:15 Dave Yeah. The gold one. It was... I knew it was fucking rubes that got it. That son of a bitch. I was like, alright. Now give me your pizza ninja, you fuck. I was like, give me that shit. I was like, you ain't gonna wear…
Questions for John Deaton, and the US role in crypto compared with the rest of the world
- 1:03:36 NatNat Sorry. My my my phone froze. But I just really wanna know his fan of actions. Like, what's the first thing? If he does unseat Elizabeth Warren, what is the first thing on his to do list?
- 1:05:52 NatNat Yeah. She she did mention... She did reach out to me. She is sick, but... So tomorrow, the game... I spoke to her earlier. The... Her game plan for tomorrow is, obviously, if the kids are good enough or well enough to…
- 1:09:44 Dave Yeah. Every time every time he starts talking about strippers and funny money, I... So you see cool? You better stop playing, bro. You better stop playing. And and we're going with my chip strip idea. Okay? Me and Omie…
How fast Mudang ran up, and the story of a holder who sold seven hours too early
- 1:16:35 NatNat Yeah. I didn't see it, but I know that token has been going crazy. It's based out of a zoo. Right? I saw it on Instagram, and it's, like, the cutest little babe... I don't... What is it? A hippo or a pig?
- 1:21:29 Kool Yeah. Yeah. It's... We're not capping, though, because you you you... I think it was new content that actually posted posted this. They they they tracked the wallet, man. He sold $20 seven hours later. It would have…
- 1:27:37 NatNat they coming through? The Hereda crew is definitely coming in. Let's go. And we got something for the Hereda crew after the after the spaces tomorrow. We'll see.
Short excerpts from the auto-generated transcript. Listen on X for the full show.