FOMO HOUR

Daily NFT & Crypto Analysis • Decrypt
No. 9 — Friday, August 21, 2026 2026-08-21

Bitcoin Nearly Kisses $80,000 as a Mega Rally Erupts

Up 22% on the week, $1.2B more shorts liquidated in hours — and $HYPE hits an all-time high

The weekly Bitcoin chart the crew pulled up to size the biggest candle in the show's memory
The weekly Bitcoin chart the crew pulled up to size the biggest candle in the show's memory
Friday's explosive open had the FOMO Hour crew watching green candles shoot out of their phones, with Bitcoin touching $80,000 before settling near $77,000. The board was green across the board — ETH at $2,375, Solana at $90, and a 22% weekly candle that has erased months of pain in 48 hours.

BITCOIN: The Biggest Weekly Candle Ever?

Bitcoin's weekly candle — possibly the largest in history
Bitcoin's weekly candle — possibly the largest in history

Bitcoin closed in on $80,000 before easing to $77,000, up 22% on the week — and at one point the weekly candle was up 27%. The crew pulled up the weekly chart and argued it may be the biggest green candle in Bitcoin history, with ETF inflows at $606M yesterday and $1.6B week-to-date, heading toward $2B. Tyler: 'If you think you missed it, you didn't.'

$HYPE: All-Time High, 'Little Brother' LIT in the Cup (no chart)

Hyperliquid's token hit $77.80, a new all-time high, and the crew called it a narrative trade — perps coming to the US — not fundamentals, since revenues have been down. 'Little brother' LIT, which shares the narrative and the CFTC/institutional path, is in a textbook cup-and-handle, with the hosts calling for $3 and then $3-4. D disclosed he holds LIT and Zeke as his two big positions.

ETH, SOL & THE ALT BASKET: 'Throw a Dart' Season (no chart)

ETH is back at $2,403 — the exact level the crew called two days ago — with $219M in inflows, its biggest day since September 2025. Solana hit Tyler's high-80s/low-90s target at $90.8, and majors are ripping: ENA +40-45%, XRP +40%, SPX6900 up ~300 to ~400, Zcash +15%, with LayerZero, VVV, Monad, Arbitrum, Chainlink and Jupiter all up 30%.

FLood's $100B PREDICTION: Nationalizing MicroStrategy (no chart)

After Wednesday's White House meeting — where Trump answered 'we've been talking about it' when asked if the US would buy substantial crypto — the board debated Flood's prediction that the US will announce a $100B+ Bitcoin purchase program and a nationalization of MicroStrategy within 24 months. Tyler called the nationalization 'crazy'; the segment closed with tinfoil-hat chatter that 'something has happened we don't know about yet.'

ROBINHOOD CHAIN: 'We Called the Bottom' on CASHCAT (no chart)

The crew called the CASHCAT bottom at $86M market cap; it bounced and now sits 60% off the bottom. STONKBROKER's bleeding has stopped (down ~60% from highs), PONS is 'looking better,' and the AI dog — ASR 'artificial Enu' — is now the #2 or #3 meme after a move that could be a 6X off the bottom. Tyler's positioning advice for a $10K Robinhood Chain wallet: buy the STONKBROKER dip and a little PONS, with CASHCAT the safer listed bet.

SOLANA MEMES: KATE Leads, BON +70% Yesterday (no chart)

BON jumped 70% as yesterday's top leader, KATE was the mover of the day with top on-chain traders aping in (Tyler: 'I don't copy trade'), and the ANSEM market cap is back to $290M, heading toward $1B in the crew's eyes. WIFF pumped 40% off the bottom and is at $185 — with Mando saying all the 2024 memes are coming back. Wiz was on yesterday and told the crew to get positioned on Robinhood Chain; PONS is his pick.

NFTs: Wrecktrader Mint & An X Copy Teaser (no chart)

NFTs were quiet — a 3D Punk sold for 51 ETH — but the crew flagged Wrecktrader's mint (0.02 ETH on Robinhood Chain, AI-driven trader contest, prize for winners; Ovi's art, D holds '2 trillion Wreck') and an X Copy teaser dropped 34 minutes before the show, with the NFT board watching Gary Vee's boots-on-the-ground push to bring action back.

REVENUES & PROTOCOL NEWS: pump.fun's Best Days Since January (no chart)

pump.fun revenue hit $2.3M on Wednesday and $2M on Thursday — its two biggest back-to-back days since January — while Hyperliquid pulled in $3-4M over the same two days, its biggest since June. X is reportedly in talks to pay creators in stablecoins like USDC for RevShare, and Binance launched Agent OS, letting AI agents trade spot and margin.