• Bitcoin (BTC): Stay cautious rather than chase rallies; a break below the $83,000–$85,000 resistance area or hotter-than-expected CPI could raise correction risk, so prepare a research-based buy list.
• NEAR: Keep it on your buy list, but wait for a pullback instead of buying after its rally; the thesis depends on continued product adoption and fee-driven token buybacks.
• LayerZero (ZRO): Consider an entry near $1.40 and avoid chasing higher prices.
• Grass (GRASS): Watch for an entry below $0.50; the investment case rests on demand for AI training and live web data.
• Sonic (S): Wait for the stated $0.03 target rather than chase the recent rally.

Bitcoin (BTC)

• The host said the odds of a correction looked higher than the odds of further upside, citing difficulty breaking through the $83,000–$85,000 area on the weekly chart.
• He described a 20%–40% decline as a possible normal bull-market correction, rather than necessarily the end of the cycle.
• Wednesday’s CPI release was identified as a potential market catalyst: a higher-than-expected reading could make markets nervous and increase correction risk. He also cited an 80.6% chance of no rate hike at the next FOMC meeting at the time of recording.

Takeaways

• The host’s near-term stance was cautious: prepare for a potential correction instead of chasing altcoins after sharp rallies.
• He recommended building a research-based buy list in advance, while recognizing that a correction was a possibility—not a certainty.

Strategy (MSTR) and STRC

• The host said Saylor’s company acquired 250 BTC during the week discussed.
• He also said Saylor bought $192 million of STRC and had cumulatively spent about $1.65 billion buying it back—roughly 15% of the amount issued, by his estimate.
• He said STRC was trading around $99.70, below its $100 reference price, and described Saylor as continuing to buy it in an effort to re-peg it.

Takeaways

• The discussion highlighted continued Bitcoin accumulation and STRC buybacks by Saylor’s company.
• The host did not offer a specific recommendation to buy MSTR or STRC; the STRC price remaining below $100 was part of his update.

NEAR Protocol (NEAR)

• The host described NEAR as a contender for “token of the cycle,” arguing that it combines several themes: AI, quantum resistance, privacy, and tokenized real-world assets.
• He said NEAR was designed to support AI agents and highlighted its ability to add post-quantum cryptography. He also discussed NEAR Intents, which he said enables confidential swaps across chains and assets, including private perps integrated with Hyperliquid.
• He cited $128.2 billion in cumulative NEAR Intents volume, $1.15 billion in volume over the prior seven days, and $54.7 million in generated fees. He said fee revenue is used to buy back and burn NEAR.
• He said he had been buying NEAR from around $1.60 and described a position bought at $2.19 that had reached $5.92.
• Despite his positive view, he explicitly said not to buy NEAR immediately and suggested waiting for a dip.

Takeaways

• The host’s thesis depends on NEAR continuing to attract usage and generate fees across its AI, privacy, and cross-chain products.
• His actionable guidance was to keep NEAR on a buy list and wait for a pullback rather than chase a rally.

Sonic (S)

• The host said Sonic, formerly Fantom, had recently rallied after he anticipated a move, describing a price peak of 68.5 cents. He also referred to a Discord trade from 5.5 cents to 7 cents, so the price figures in the transcript are inconsistent.
• He described Sonic as a fast Layer 1 blockchain and said the project had previously been neglected after its founder left and returned. He was initially skeptical of the new leadership, but said meeting Matt Fisser made him more confident in the project.
• He added Sonic to his buy list and named 3 cents as his target entry.

Takeaways

• The host was positive enough to add Sonic to his buy list, but his stated approach was to wait for his target price rather than chase the rally.
• The project’s leadership history was a concern he discussed; his improved view followed a meeting with the current leader.

Collector Crypt Cards (CARDS; ticker not confirmed)

• The host described CARDS as a Solana-based real-world-asset project focused on collectible cards, including Pokémon cards.
• He said the project had generated more than $1 billion in cumulative revenue, had recently recorded a $1.1 million revenue day, and had produced nearly nine figures of revenue during the month discussed.
• He said the token’s price had been suppressed because the team had been vague about how much revenue would accrue to token holders, citing the SEC as the reason. He also said founders’ tokens represented about 30% of reported FDV and had no planned release, while foundation tokens would be used for “accretive” activities.
• He said the token was already in his portfolio, with an entry around 12 cents, and recommended putting it on a buy list rather than buying immediately.

Takeaways

• The host’s positive case rests on the project’s reported revenue and potential token value capture.
• The key uncertainty he identified is how much of the project’s revenue will benefit token holders.

Wormhole (W)

• The host described Wormhole as a cross-chain interoperability project, similar in broad purpose to LayerZero.
• He highlighted its partnership with Securitize, which he described as BlackRock’s partner in real-world-asset tokenization.
• He also discussed Sunrise, a Wormhole product intended to bring assets from other chains to Solana, including crypto assets and, over time, tokenized stocks, commodities, and other real-world assets.
• He said Wormhole had risen sharply, including a move of as much as 260% from a recent low before giving back some gains. He explicitly said not to buy it immediately, but to put it on a buy list.

Takeaways

• The host’s thesis is that Wormhole could benefit if cross-chain transfers and tokenized assets on Solana grow.
• His guidance was to research it and wait for a pullback rather than chase the rapid move.

LayerZero (ZRO)

• The host described LayerZero as a cross-chain interoperability project and said it was backed by Andreessen Horowitz and Cathie Wood’s ARK.
• He said ZRO was already on his buy list, with a target price of $1.40.
• He used its recent price move as an example of why investors should avoid FOMO: even if a token on a buy list rallies, he said, it can be acceptable to miss the trade.

Takeaways

• The host’s specific approach was to consider buying at $1.40, rather than chasing a rally.
• He emphasized accepting that some opportunities will be missed rather than abandoning a disciplined entry plan.

Grass (GRASS)

• The host described Grass as a network that uses participants’ spare internet bandwidth to collect web data for AI companies and researchers.
• He highlighted a new content API that he said lets AI agents access live web content. He cited project-reported revenue of $32 million combined and an annualized revenue estimate of $65 million–$75 million from training data alone.
• He said he did not hold Grass at the time but had it on his buy list, with a personal target of below 50 cents.

Takeaways

• The host’s thesis is that Grass could benefit from continued demand for data used to train and operate AI systems.
• His stated plan was to wait for a price below 50 cents; he did not recommend chasing the token.

Starknet (STRK)

• The host described Starknet as an Ethereum Layer 2 that its founder, Eli Ben-Sasson, had announced would become a Layer 1.
• He said the project planned to become a quantum-resistant EVM chain. He also cited the founder’s view that existing technology could support post-quantum zero-knowledge systems and that migration to post-quantum-secure technology would be needed.
• The host said there was a substantial gap between announcing the plan and delivering it. He referred to a price of 9.5 without specifying the unit and said he was waiting for a dip rather than buying at that level.

Takeaways

• The potential Layer 1 transition and quantum-resistance focus were the main reasons the host suggested keeping Starknet in view.
• The announcement is not the same as execution; the host explicitly noted the work still to be done and did not recommend buying immediately.

Pearl

• The host described Pearl as a relatively illiquid token that had attracted attention from large influencers.
• He said its technology aims to let data centers support both AI computing and Bitcoin mining.
• He cited a price of $1.47, mentioned that it was available on Lighter with up to 3× leverage, and said exchange listings were expected that week, without naming the exchanges.
• He explicitly said he was not buying Pearl.

Takeaways

• The host presented Pearl as a speculative idea to monitor, not as a current buy recommendation.
• He specifically flagged its illiquidity; he also noted that he did not know the exchange he mentioned well.

Kled

• The host described Kled as a real-world data collection project for AI, focused on photos, videos, and other physical-world data supplied by users.
• He cited project figures of more than 1.5 billion uploads, around 5 million uploads per day, nearly 600,000 users, and millions in revenue.
• He said the token could become a reward currency within the app, while also noting that some investors view the token in relation to the company’s equity value.
• After noting a recent rise from around 9 cents to 17 cents, he said he would consider building a position below 12–13 cents.

Takeaways

• The host’s thesis depends on continued user growth and deeper integration of the token into the app.
• His stated approach was to wait for a lower entry rather than chase the recent rise.

Pyth Network (PYTH)

• The host briefly said Pyth had introduced a 100% fee burn and had $11 million in annualized revenue.

Takeaways

• The discussion was positive but brief. The fee burn and reported revenue were the only specific points offered; no price target or buy recommendation was given.

Variational

• The host described Variational as a perpetual-trading platform similar to Hyperliquid and Lighter.
• He said it was expected to conduct an airdrop in the next quarter, which he estimated could be worth about $1 billion, and that users could continue earning points.
• He said the platform had zero fees at the time and that he had open positions in NEAR and Lighter-related trades on it.

Takeaways

• The opportunity discussed was earning points ahead of a possible airdrop, not buying a publicly traded token.
• The airdrop value was the host’s estimate, and the transcript did not provide details on eligibility or final distribution.

Hyperliquid (HYPE)

• The host said NEAR had integrated private perpetual trading through Hyperliquid.
• Hyperliquid was also mentioned as one of several audience-suggested candidates for a “token of the cycle,” but the host did not develop a separate investment thesis or give a price target.

Takeaways

• The specific point was Hyperliquid’s role as trading infrastructure connected to NEAR’s private-perps feature.
• No direct buy recommendation was made.

Zcash (ZEC)

• Zcash was briefly mentioned as a possible “token of the cycle” and in connection with Starknet founder Eli Ben-Sasson, whom the host identified as a co-founder of Zcash.
• The host did not give a specific Zcash price target or recommendation.

Takeaways

• The transcript offered limited investment analysis of Zcash; it was mentioned mainly in the context of quantum resistance and its founding technology.

Solana (SOL) and Ethereum (ETH)

• Solana and Ethereum were referenced as examples of prominent tokens in previous market cycles.
• The host also said CARDS was built on Solana and discussed projects aiming to bring tokenized assets to Solana. Starknet was discussed in relation to Ethereum.

Takeaways

• These networks were discussed mainly as ecosystems for other investment ideas, not as standalone recommendations.
• No price targets or direct buy recommendations were provided.

QNT and QANX

• QNT was mentioned as an audience suggestion for a potential “token of the cycle,” without further analysis.
• The transcript also mentions “Qantas” among tokens influencers were discussing alongside Pearl. The intended project or ticker is unclear, so no specific investment thesis can be reliably extracted.

Takeaways

• Neither mention included a developed investment case, price target, or recommendation.