This video prioritizes sensationalist clickbait over rigorous economic analysis by tethering XRP’s value to speculative hype rather than technical utility. It offers little more than regulatory "hopium" for those seeking a deep understanding of ledger economics.
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XRP MUSK RIPPLE MEGA IPOAñadido:
The two hottest things in crypto right now are, well, we'll get to it in the reasons why they're hot. What about SpaceX's IPO and their massive PTC stash? Ripple did a little bit of a partnership with Project 11. Bill Morgan's got to tell us something big about XRP Ledger. We'll talk price action. And >> I say lots of naughty things, so here's your warning.
>> And happy Thursday to you all as oil has climbed back up to $102, up 4% today.
While the majority of the crypto market is in the green, what do you notice? Two things are deep in the green. Hyperlquid and Zcash privacy tokens, obviously.
Hyperlid, well, they got that new ETF and people love it. So, there's money out there. It's just going to concentrated places. Stock market, little bit of red today with the energy players pretty much sideways. volume.
Nothing too juicy. 80 billion in the last 24 hours. Altcoin season, who [ __ ] cares? Because if your favorites aren't deep in the green, altcoin season index doesn't mean jack shite. Do we have inflows or outflows? We had outflows yesterday with the big kids BETC and ETH, but we had inflows with Hyperliquid. And oh yeah, I forgot. If you want to know how many people own crypto in the state that you live in right now, South Carol or Georgia has 2.54 million holders. Texas has 5.94.
Cali has 9.5 million. It's linked in the description down below. Hype hyperlid soarses 55% in a week and it's not even done. Look at this. today up another 24% as ETF inflows, whale accumulation and derivatives activity is heating up. The move comes amid growing hyperlquid ETF related flows rising onchain accumulation and heightened derivatives activity. Onchain analytics from look onchain reported today that two wallets linked to Gayscale purchased a half a million hype tokens were 25 million staking them shortly after. The move follows Gayscale's S1 registration filing for a spot hype ETF submitted in January. So Value shows that US hype ETFs recorded 25 million in inflows on May 21. Hyperlid has never had a day of outflows. So, yes, there are things out there in the market that are hot, spicy, naughty, and relevant. It's things making people money, and you'll see exactly what I'm talking about here soon enough with that. Remember, it's my job to bring you the news, good, bad, happy, or sad. Octavio Rodriguez is hanging out with us. And yeah, I do viewer comments at random times of the video. What are you gonna do about it? You gonna find me? You gonna try to beat me up? You got to catch me first. Essay Octavio says this. What's up, Claus? Are you talking about the Wishmaster movies? Those are classic. Yes, I am. Because when she has those crazy eyes and she's like, "Would you like to make a deal?" It reminds me of this guy, right? Crazy eyes. Crazy eyes. Crazy eyes. Crazy eyes. Wish master 2, would you like to make a deal?
A deal for your soul. Yeah, I want [ __ ] crypto to moon. No, don't take my soul, please. SpaceX has filed for a historic IPO, revealing that it holds 18,000 BTC, worth almost 1.5 billion. Juicy IPO. Would any of you peeps be interested in this? If you are, let me know. And maybe we could add a little coverage for SpaceX IPO. I know the Doge fans out there are like, "But bro, Elon likes Doge, but they bought BTC and hodddled it." And that's not part of their piggy bank. The Elon Musk led aerospace company holds 18,700 BTC valued at approximately 1.5 billion according to the S1. The coins were purchased for roughly $35,000 a coin late 2023.
Bitcoin now sure [ __ ] ain't 35,000.
$42,000 in the green for each one of those BTC's. That stake makes SpaceX the seventh largest known corporate BTC holder in the world ahead of Coinbase.
SpaceX is targeted NASDAQ listing under the tickle ticker SPCX.
The company has been valued in private markets. That's private money. We're talking about going public now at 1.75 trillion. A figure that would place it above Tesla by market cap and make it the largest public company to carry BTC on it sheet. SpaceX's Bitcoin journey dates 2021 when Musk added the cryptocurrency the company's financial assets around the same time Tesla blah blah blah blah look you want to read about the rest of this SpaceX BTC gains you're welcome to it's linked in the description below so they're in the green sailor right now in the green by a little bit his average is like 75,000 and change Zcash holders definitely in the [ __ ] green hyperl holders definitely in the [ __ ] green as well so yes money is being made just not everywhere. And there's a hint. I'm giving you a hint about money being made. Okay, it's going to make sense here soon enough. Let me get to it.
Eleanor link down below. The cat lady, I got the sound effects for you this morning. I got a little bit of sleep.
Shitty sleep. Yesterday was a really shitty day, too. I had to order a whole complete new set of wheels because the [ __ ] bearings in my rim were not sealed cartridge bearings. So if I sweat, the sweat would have got in and destroyed them and I was already low on grease. Jibus Claus. So I got some new rims coming. Not the carbon ones. I returned those. Justin, the Federal Reserve has issued a request for comment and notices of proposed rulemaking for payment accounts, also known as skinny master accounts. We've heard about this, right? Those fintech companies wanting those Fed skinny accounts that would allow eligible fintech and crypto firms to gain access to the Fed's payment system for clearing and settlement purposes. Oh, and the banks are freaking pissed about this. They don't want crypto fintech companies to be any part of this. It marks the next formal step in Governor Waller's payment account implementation process. That's one of the Fed's governors, just throwing it out there, following the public comment period on the proposal itself that closed in February. Notably, the Fed is also encouraging Federal Reserve banks to temporarily pause decisions on new tier three master account access until no later than December. Vente vente says most crypto firms are considered tier three while it finalizes the framework in an effort it says to create more consistency across the system. Basically banks are doing everything they can to [ __ ] stall crypto. If they can't stall clarity act regaronis you jabronies they're going to stall what?
Payment capabilities for crypto companies so that they don't take power in money away from the banks. But remember it's about making money. And how are you going to make money if oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh oh it's another hint.
It's another hint. It's going to make sense soon enough. And we got to talk about Ripple XRP XRP ledger Bill Morgan and another comment. Patriot 23 says schnitle pump fre. No schnitlemmit glaze glazes big potato balls. Just bringing that out there yet again. Hodchkinson says this and oh [ __ ] Cardano might be in some troublaze you bubblies. You ready? Here's Hodkinson. We are deeply saddened that some Japanese dreps voted against our research proposal. If this proposal does not pass, we want the entire Japanese community to fully recognize that Cardano will lose its scientists and our lab will be forced to close. Over more than a decade, we have built up effort and growth to establish the world's strongest research group in the cryptocurrency field. We cannot allow this achievement to be shattered and dismantled over some peacemail funding support. Our scientists will simply leave for places that offer greater certainty and respect. Please, we ask that you delegate to DREPs to support Cardono's research agenda. Whoa, whoa, whoa. Charles, I thought this was decentralized where people had the choice to vote. And here you are trying to get them to go your way. That sounds a bit more centralized, doesn't it?
Well, yes it does. Here's one of the top responses from Tony. I love you, Charles, but I have to push back a little on this. I fully agree this should be funded full stop. With that said, you can't tout full decentralization and governance and then get mad that it works against you in practice. OH, THAT'S MY POINT. He says, "This is nothing to do with me. This has to do with destroying the entire core of our ecosystem." No, Charles. This is decentralized. So if people don't want to go that direction because they're like, "Yo, we throw all this [ __ ] money at these Cardano scientists and what the [ __ ] have they come up with?
Jack [ __ ] Look at the price. Ada price sucks massive ass. Under 25 cents. If I gave you a quarter, you would have to give me back change. That is pathetic essays." So Charles throwing another hissy fit cuz [ __ ] ain't going his way.
This is another good one. CEO using his influence to rig the will of governance is super decentralized. Exactly. It's disgusting.
Now, let's learn some more. We're going to learn from Bill Morgan here. Why?
Because 200 million RLUSD was just minted and it was minted for a fraction of a penny. Now, hold up, hold up, hold up. I'm gonna read this and we're gonna talk about this. Okay. Bill Morgan. The number of people in the last several hours who've attacked XRP because the fee for this transaction was so cheap is incredible. It's is almost if people think XRP was created to make holders rich and not to transfer value at ALMOST NO COST. DAMN. NOW HE'S RIPPING an XRP holder saying you ain't going to get jack [ __ ] that the XRP ledger was made to move money for cheap. And it was and that's what I keep asking you. So, if tokenization comes to XRP ledger, do you make money on that? No, you [ __ ] don't. If payments blow up, do you make money on that? No, you [ __ ] don't.
They minted $200 million of RLUSD and it costed a fraction of a penalty or a penny. So, XRP ledger was made to move money cheaply. The holders of XRP do not benefit by that at all. There's no gas fee burn that's going to make you rich.
We already did the math on that. It's going to take you thousands and thousands of [ __ ] years to get there.
How do I know that? Because it's a fraction of a freaking XRP to do one transaction and there's not that many transactions on that chain. Salam says it could do both. And he says, "Yeah, we hope it doesn't do jack [ __ ] for the price of XRP." He says, "I would not think a transaction fee of 0.0000135 would move the price given Ripple sales of 300 million XRP each month." Exactly.
Exactly. People are getting gas lit every day to believe it will make them rich. So, be careful out there because yes, there are some things out there that are making money. There are some things out there that have a future.
Zcash privacy tokens have a future. The hyperlquid thing, look, we've seen they have been making some money. Remember the launchpad, the the meme launchpads, they made money, but moving money cheaply doesn't make you money. So for everyone out there that's like, "Oh my god, XLM and the government of some [ __ ] Caribbean country, [ __ ] Bermuda or whoever the, oh my god, this is awesome. They're using XLM." No, they're not. They're using the chain and transactions on the chain are a fraction of a fraction of a fraction of a penny, which means you don't make [ __ ] Bill Morgan's even said it and he's one of the most people in the know when it comes to XRP. He's also one of the most people out there pissed that the price sucks balls because they're not using it for anything and the burn rate tokenization [ __ ] on chain don't make you [ __ ] money. But you know who does make money? Ripple. The company does which means their private shareholders are what? Making money. And SpaceX is private. Wants to go public. Why? So they can raise money. It's all about making money. You don't make money on transactions. Here's this link down below. New project 11 partners with Ripple to advance postquantum security on the XRP ledger, conducting a full audit of XRPL's validator custody and wallet layers for quantum vulnerabilities. Now, do you notice something with this article? They call it the XRP ledger. Do you know why?
Because for years it was called XRPL, but that sucked for search engine optimization and it didn't really capture what the phrase XRP. So now they call it XRP ledger, hoping to capture on the namesake and hoping to capture what?
Search engine optimization so that they can keep the ledger going on the tail of what? XRP. But bro, we're making so much money with tokenization. Are you?
Because when I look at this chart, this chart doesn't tell me that. This chart tells me that XRP's biggest pump was during Clarity Act passage of the House in July of 2025.
10 [ __ ] months ago. Here we are rangebound over the last three 135 to 145 volume 1.74 billion. So no, you're not making money on XRPPL transactions.
Ripple mints 200 million RLUSD for not like look at this. That's a fraction of a fraction of a fraction of an XRP.
But bro, if there's a million transactions a day, guess what? It still doesn't [ __ ] make you rich. We calculated out. Even at their most bonker levels, it would take thousands of years for there to be any sort of substantial burn. Are you going to [ __ ] live to several thousand years?
I don't know. Maybe if you talk to my friend who says, "Would you like to make a deal?" And you're like, "Yeah, I want XRP to be worth a [ __ ] lot." So he does and then he takes your soul and you're done.
Crazy eyes. Crazy eyes. Would you like to make a deal? I'm happy because oil is paying. Dividends are paying. There's money out there. But you got to be careful. And you can't follow the hype.
Haha. See what I did there? Hype's making money. And you can't follow the [ __ ] that utility makes you money.
It [ __ ] doesn't. And to think that crypto is decentralized. Just remember, Hodkinson is trying to sway the vote on something that's decentralized governance of which he touts all the time. And now he's using his position and leverage to try to sway votes.
That's not decentralization.
You stupid dumb dumb poo Charles Hodinson.
[ __ ] card. So the hype with Hyperlid appears to be real. See what I did there? I'm not I'm not into Hyperl, but I know some of you might be. I wasn't cool with the whole like James win DJ gambling thing where they were trying to promote the platform when the platform first launched. I I did not like that at all. Zcash, why is that pumping privacy tokens? People want privacy. Why?
Because every thing like is public, right? XV ledger that's public.
Stellar's public. ADA, Cardano public.
Public governance, I don't know. Not when the big out there is trying to tell you what to do. But don't worry, Stellar did that too because remember when they were going to launch Sorban, their smart contracts platform, and Stellar said, "Don't you dare approve the launch of it." And we were like, "Wait a minute, that's not really decentralized if you're telling people what to do." And they're like, "We're restricting our vote."
Naughty naughty. See, crypto makes those companies money. The burn rate does not make you money. Tokenization doesn't make you money either. Oh, I'm sorry.
Stellar has a whole shitload of tokenization on their chain and the price sucks balls.
XRP ledger used for payments, but the price sucks balls. And each payment is a fraction of a fraction of a fraction of a penny. So, how the [ __ ] are you going to make money on that on a fraction of a fraction of a penny? There's probably more change in my couch right now.
There's probably enough change in my couch right now to cover XRP transactions for like a year. Seriously, how are you going to make money on that?
And that's what Bill Morgan is trying to say. Stop following the stupid hype. Oh, but bro, with adoption and utility and look, people are starting to understand what's really going on here. And that's that big companies are using what? Are using retail as their piggy bank, as their version of the IPO. What does Ripple do?
They dump 300 million. And Bill Morgan even [ __ ] said it. They dump 300 million every month on the market. Use it for their expenses. Use it for paying off stuff, buying [ __ ] whatever. And you don't make money on that. You don't even have a say in it. Now, if you own stocks, you have a say in what the company does. You get to vote on stuff.
Some stocks, you get paid out what? A little bit of yield for hodling. But right now, Bill Morgan and other XRP hodlers out there are going, "Yo, where the [ __ ] is the benefit to us?" The benefit comes with clarity act passage of rags where more businesses want to get into XRP ownership not from what Ripple is doing. There is no correlation with the moves that Ripple is doing and the price action of XRP. Oh, you don't believe me? Look at a [ __ ] chart.
Open your eyes. Open them like crazy big crazy eyes. So you can say, "Would you like to make a deal?" Yeah, I would like XRP to be worth a lot. And he's like, "I cannot do that. would you like to make another deal for your soul? And you're like, "Oh, [ __ ] man." So, let's see what happens. And let's see what happens with the Fed as the banks are pushing even harder to make sure that no one gets a skinny master account. Speaking of skinny master account, I have been losing crap tons weight. Look at this.
Look at this. This shirt just like sucks in losing crap tons of weight because it's race time. Well, it's going to be race time soon. I'm getting ready for it. So, as soon as I'm done with this video, I'm going to put my running clothes on. I'm going to go run outside.
Oh, and you're like, "Bro, why aren't you using that bike?" I know. I was thinking about using that bike, but then I was like, "Uh, I put the handlebar tape on. It looks nice and clean and crisp right now." I maybe, maybe I'll take this bike out. I don't know. We'll see. Either way, I got to work out. You got to make some money on XRP ledger transactions cuz remember that they call it the XRP ledger now, not XRPL. Why?
Cuz they got to capitalize on the namesake and make people think that they're going to get rich on it. Bill Morgan knows what's up and he's been [ __ ] saying he's been pissed for years that none of the hype is coming true. And that's why he's saying what he's saying. That's why David Schwarz is saying what he's saying that he doesn't think that XRP is going to get there because they're trying to reel in expectations.
Choo choo. What? Hey, I bring you the news. Good, bad, happy, or sad. And today's news is that yes, there are certain cryptos that are hot, but they're hot for a reason and not the reason that most people think. So, look out for Hyperlid, look out for Zcash, look out for Privacy Tokens, and look out for Clarity Act because if we get something juicy, I'm going to share it with you. Choo choo. What? Low volume [ __ ] And would you like to make a deal? And Choo Choo [ __ ] Yeah, the deal is I want my [ __ ] bike back. I have to wait a week because I have to order [ __ ] rims.
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