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Episode · Nov 25, 2024 ·

ATC: Pump.Fun CANCELED . ETH incoming run $20,000

On the mic

Summary

0:04:13

Pump.fun Livestreams Spark Outrage

Dave and NatNat recapped wild Pump.fun livestreams including sisters promising to pee on each other, a man refusing to leave the toilet, and a goldfish held hostage. Escalation included death threats, self-harm, and animal abuse which triggered massive public backlash on crypto Twitter. The founder defended free speech while announcing stronger moderation and an NSFW toggle similar to X and Reddit.

0:10:28Human nature, freedom

0:14:51

Trump ETH Holdings Fuel Bullish Views

Dave highlighted Trump's over $5 million in Ethereum holdings. NatNat said hedge funds and VCs favor ETH for its security, history, and scalability despite higher fees. Kool noted ETH has lagged but will catch up like past cycles, adding big institutions are building on it while competition improves quality.

0:15:20BTC leads, ETH and alts follow

0:21:45Potential NFT rotation in the current market cycle

Moments0:14:51
0:23:08

Pump.fun Shutdown and Long-term Damage

A clip showed a man threatening self-harm in a bathtub stunt until Pump.fun shut down livestreams. Kool stressed human nature cannot handle unlimited freedom and said the degeneracy would have worsened, risking regulatory backlash. NatNat agreed the stunts for small sums like $10k or $30k could ruin participants futures.

0:41:26

Luckycoin 50x and Rumble Bitcoin Move

Kool and NatNat discussed Rumble allocating up to $20M of excess cash to Bitcoin treasury. NatNat quoted the CEO saying Bitcoin adoption remains early.

0:41:26Luckycoin as the original meme coin and its 50x run

0:52:55Michael Saylor’s Bitcoin strategy and potential risks

Moments0:49:11
1:01:53

Base Ecosystem and AI Agent Tokenization

Dave praised Base growth and Coinbase advantages over Tron. Kool said Coinbase has US government blessing and access to real money so focus on Base chain, memes, and stock.

1:01:53Justin Sun’s $30M donation to World Liberty Financial

1:31:46

Macro Events This Week

Dave noted upcoming FOMC minutes, GDP, PMI, and PCE data releases. Landy and 3 Aces debated AI usefulness with Landy highlighting back-end applications in risk management and data aggregation. Dave saw powerful intersection of AI and blockchain on Base.

Moments1:31:46

Key quotes

“last night was the kicker. Right? When this this this kid threatened to kill his parents if his market cap didn't go higher than 60,000. That was wild.”

NatNat0:07:18Share on X

“Pump.fun. There's currently someone using your livestreams to threaten to hang themselves if the coin does not reach a set market cap. Absolutely heinous, and it needs to come down.”

Dave0:08:13Share on X

“these kids these days, they think about today, not knowing that what they do today can hinder tomorrow.”

NatNat0:29:31Share on X

“Rumble is actually... The company's board of directors, they've approved allocating up to 20,000,000 of their excess cash reserves to Bitcoin.”

NatNat0:51:22Share on X

“This is the OpenSea of AI agents... It is absolutely nuts.”

Dave1:25:00Share on X

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Show discussion, not financial advice.