Ten managers drafted live: Banks, Ansem, Mayne, threadguy, Clemente, Easy, Jakey, orangie, rasmr and TJR. The format is three wide receivers, two running backs and one flex at half-point PPR. First round per the show's own tweet: Banks took Jahmyr Gibbs, Easy grabbed Bijan Robinson, Clemente picked Ja'Marr Chase, orangie took Amon-Ra St. Brown, rasmr snagged Puka Nacua, Ansem landed Saquon Barkley, Mayne took Christian McCaffrey and TJR got Jonathan Taylor. Week one is September 13. The loser's forfeit: a photo shoot in a fairy costume on a billboard in Times Square or on Sunset Boulevard.
Banks stood by his bottom call: Bitcoin is around $80K and he says the two catalysts were the Treasury (Bessent) committing to buy more long-end bonds — sending Bitcoin and gold up within minutes on dollar-debasement fears — and Trump announcing at the crypto summit that Hyperliquid will try to become legal in the US. Hyperliquid is at all-time highs, Zcash is at all-time highs above its January 2018 level, and the crew notes Bitcoin, ETH and SOL are still well below their ATHs. On-chain is heating up: Banks cites Pump's revenue hitting highs day after day.
Ansem's highest-conviction holding is PUMP, which he calls the purest social-trading bet at ~$4B FDV. He calls HYPE "probably the safest alt" and Zcash a strong beta to Bitcoin. He sees Solana breaking $100, hitting $150 in Q3 and returning to $600 by the end of the cycle, helped by SIMD inflation cuts. On Robinhood chain he likes cash cat at all-time highs, the meme-plus-RWA experimentation Vlad Tenev is publicly supporting, and his own position in "artificial new" — an AI dog paired with the tokenized form of Nvidia on-chain. He also talked up Net Net: a 5% tax on trading volume and games, stablecoin-backed treasury, and bonds purchasable at an 8-12% discount in USDG.
The crew sees a US-regulated Hyperliquid front end unlocking institutional capital — even name-checking Druckenmiller buying PER (as-transcribed), the "stock version of Hyperliquid." Banks says he put close to seven figures into HYPE at $25-30 and has taken zero profit; he also missed the original airdrop, recounting a 2013 DM from a Vancouver perp-dex builder named Julian that he ignored — "it's six figures." Polymarket priced HYPE reaching $120 by year-end at roughly 35%, which the group called too low. HYPE's FDV was put at about $85B with ~$19B circulating.
The panel argued Pump should airdrop now: with FDV around $4-4.7B and 24% of supply still allocated, the crew estimates it would be a roughly $1 billion airdrop — and with the market at the bottom, recipients would redeploy straight back into the ecosystem. Banks called it "the highest leverage thing they could do on the planet," citing Hyperliquid as the blueprint: "the best free marketing out of any crypto project" because airdrop recipients rep it forever.
Tickers flew between draft picks: Litecoin "rips" if it reclaims a key low — a two-bagger setup; Near is a 10-bagger thesis back toward all-time-high FDV ("I think it goes 10 dollars"); Tao and VVV drew praise as AI-narrative charts; Chip (as-transcribed) was pitched as a GPU-loan protocol — "don't bet on the model, bet on the infrastructure." On equities, the crew is giga-long Microsoft toward $1,000 a share on its Three Mile Island nuclear data-center build for 2027, Riot Platforms' multi-billion-dollar AI data-center deal, and Robinhood stock: one manager long it from $10, sold at $50, and says a break above $120 makes new highs. The S&P base case is another parabolic leg to 9,000.
Banks told the Kimchi dinner story again: chocolate cake and tap water at Birds with TJR and Zach Bia, then MPJ, Stiny and the NELK crew walking in — and Kimchi is heading to Mar-a-Lago with Trump next week. Poor Goat, the trader who blew up on FOMO, added 50,000 followers in two or three days. Meme chatter: cash cat at ATH, ansem coin as the bellwether ("when Ansem's pumping, memes pump"), Neat hitting $50M market cap, ape-on-phone ripping, and a declared bearish stance on FroHorse. One manager full-sold his AI-dog position at a $33M cap.
The closing hour went macro: the "flood" thesis (as-transcribed) that the US goes Bitcoin-focused while China backs a gold standard, and Banks' theory that the US government will subsume Strategy's Bitcoin as the seed of a strategic reserve — he puts it at 10-15% odds. The group discussed the digital dollar, AI surveillance, and "nukes 2.0" AI arms race, landing on the play: "ride Bitcoin to absolutely insane levels, then buy a ton of land and build a castle" — self-sufficient communities with wells, solar and Starlink. Banks also got in a jab at the trader who sold the bottom after years of "never sell Bitcoin," which the ASR rendered as "Sailor" (likely Michael Saylor).