Bitcoin is up half a percent at $79.3K after running all the way to $81.3K — the pullback blamed squarely on Friday's blowout payroll print, because 'too many people have jobs' pushed September rate-hike odds from 50/50 yesterday to a brief 66% spike, now 40/60. Tyler still thinks the Fed doesn't hike this month and expects the move to reverse over the weekend; the Dow is down 0.4% and the NASDAQ is flat, gold is off 2%, and oil sits near $89. Spot BTC ETFs took in $730M — the biggest day since January — with $140M into the ETH ETFs, while ETH holds $2,450 after clearing $2,500 and SOL is flat at $101.
The PONS machine added an institutional twist: Uniswap Labs has purchased PONS tokens 'for long-term alignment' with the deepening partnership — a rare outright liquid purchase per Ozzy's clarification, and one that removes the growing acquisition-rumor risk that hung over the trade. PONS sits at a $530M market cap and 75-79 cents, up from 13 cents last Thursday, now inside the CoinMarketCap top 100, with a fresh all-time high of $1.26M in daily revenue — about 20% behind pump.fun — and roughly 10% of its market cap turning over every day.
The fee machine kept printing: another $4M day in chain revenue yesterday (the 3.4-4-4.1 cadence), which annualizes to about $590M on seven-day trailing revenue — right next to prediction markets and above the equities product line. Hoodstock is grinding, down 2% on the day after adding $12B to its market cap yesterday, while the chain itself hiccuped (block production paused for roughly an hour, social apps struggling, now back live) and total RWA value grew another $13M. Underneath, the board is sweeping: CASHCAT $250M, AI $230M, MEME $100M as the new runner, a +400% mover to $23M (as-transcribed: Fatcoin), Optimus +130% to $21M, Robincat +300%, and Longbo +80% as Eric.eth's pre-IPO stock-pair launchpad.
pump.fun tripled its call-out rewards to $1M a day, and per quant Adam's Dune dashboards the protocol is now spending 100% of its daily revenue between token buybacks and call-out rewards — up from $15K, then $30K, then $60K a day in early August, $300K a day from August 24, and now seven figures. Tyler says his handful of public call-outs have already paid him $5,000, rewards land between noon and 2 p.m. ET, and the crew's hot take is afternoon rallies every day the money hits — this is 'the airdrop that never happened,' $1M a day straight back into the trenches.
Hyperliquid tagged a new all-time high around $88 ($85 at the open, after 87.60 yesterday) as the US story builds: the team launched its V3 markets on a public testnet yesterday — the permissioned version of the venue that will be tradable in the US — and Coinbase's equity-perps move has the crew joking that 'Coinbase becomes a Hyperliquid front end.' Guest Andy sees daily revenue going from $3-4M toward $10-12M in a bull run — the perps team is up roughly $2B on its entry and buying back — and holds a $250 target by Q2 2027.
Zcash broke a nine-year cup and handle after a two-week battle at the 888 resistance, ripped straight through $1,000 and printed $1,030-1,050 overnight before fading back under the comma near $984, up 14%. Guest Andy says Bitcoin whales tipped him to the play — deploying some BTC into ZEC between $200 and $300 — and he stacked his spot bag from $300 to $500 with a never-sell mindset: 'if you could go back to 2015 and Bitcoin, how much spot would you own?' His fractal case runs to $10,000-15,000, and even he admits it'll be hard not to tickle the sell button at 15K.
LIT speed-ran from $4.50 to $4.75 in three days — 'a serious move' at all-time highs with a chart the crew calls fantastic. The structural case from guest Andy: on-chain perps are still under 1% of global derivatives volume, so the pie can 100X from here, and Lighter has the ZK tech, the Robinhood integration and the ETH OG crowd ('finally Ethereum has an app that makes money') to be the Binance or Bybit of the decentralized perps market — he calls the $1.50 entry a layup and is farming V2 as an undervalued extra.
CZ answered Vlad: MARSCOIN jumped 60% to a $180M cap on its Binance spot listing — it was ~$40M as recently as August 28 and maybe $30M a week ago, with perps and spot landing back-to-back. Ni Liao (as-transcribed) is next, +80% to about $86M after touching $100M, and the BSC board is broadly higher. On Solana, USELESS is stealing the show at $250M and Troll bounced 70%, but the chain is still waiting on a new runner — Tyler's hot take is that Solana surprises via legacy tokens like Triple T or NEAT, while the stonk board showed life (Seacat (as-transcribed) ran to $10M and back to $5M; the VEDA Global CTO token hit ~$8M before fading).