Ideas
Bullish ETH, leading and narrative improves.
Justin is bullish ETH because it led the market out of the recent dip and has room to run; he thinks the narrative makes sense as the second-largest crypto, the stablecoin chain, and the Wall Street chain, and he does not believe ETH needs the treasury vehicles to succeed.
Alt season after ETH all-time highs.
Justin expects an alt season but says it is not here yet; if ETH continues to outperform BTC and breaks all-time highs, he thinks liquidity will trickle down to alts, though he warns the exit window may be short.
Sold Fartcoin; losing mindshare.
Taiki sold Fartcoin because it has lost mindshare; if Fartcoin cannot sustain itself as the meme of the cycle, he has zero confidence in other memes, and on-chain runners tend to top around $300-400 million.
Memecoins lack durable attention.
Taiki is bearish on memecoins broadly because attention rotates faster now, on-chain runners peak at similar $300-400 million valuations, and if Fartcoin cannot hold, he sees no reason to trust other memes.
S&P 500 best for most investors.
Justin argues the S&P 500 ETF makes sense for diversification and is a better strategy for most people because it owns the 500 best, most productive companies and is regularly rebalanced, so investors always hold a piece of what is most productive.
Large Bitcoin allocation on debasement.
Jordi wants a large Bitcoin allocation, roughly 40-50% ideal, because dollar debasement and fiscal spending erode cash purchasing power, macro investors are increasingly adopting BTC and gold, and Bitcoin is becoming an increasingly supported asset; he sees a 50% drawdown as less likely now but possible after a run to $200k.
Allocate roughly 10% to gold.
Jordi says an ideal allocation includes about 10% gold; he currently holds only a couple percent and would allocate more if gold were easier to use as collateral on-chain, viewing it as one of the few monetary alternatives alongside Bitcoin.
Bitcoin/gold ratio grinds higher.
Jordi expects the Bitcoin/gold ratio to keep grinding higher over the next several years as Bitcoin catches up as a share of monetary alternatives, absent quantum attacks or Satoshi-wallet hacks.
Short-term bullish Pump, long-term launchpads slow.
Justin is short-term bullish on Pump.fun because the team is using 100% of revenue for buybacks, Alon is supporting the token more, and momentum is returning; he still expects the broader launchpad meta to slow long-term.
Launchpad tokens lack durable value.
Justin expects the launchpad meta to keep slowing because the tokens launched have no durable reason to be owned; many are effectively pump-and-dump or celebrity/meme coins, and new platforms like Heaven are not differentiated.
Bought Light ICO as short-term trade.
Taiki aped the Heaven/Light launchpad ICO on Solana, which raised about $26 million at a $26 million market cap, viewing it as a short-term trade that he may dump in the first week because launchpad meta is cooling and Heaven is not differentiated.
IP World model worth watching.
Jordi likes IP World on Story because it pays IP creators and has a single official IP coin rather than many competing forks; the Evil Larry cat IP coin is the biggest runner at around $30-34 million and its owner receives revenue. He finds the model interesting but is not sure it is the key criterion.
NFTs are dead.
Jordi says NFTs have not come back and considers NFTs dead, contrasting them with DeFi, which had some recovery; he does not expect a lasting NFT revival.
AI crypto comeback likely.
Jordi thinks AI crypto inevitably makes a comeback, though he is unsure whether it will be on Base again; he is itching for an 'AI part two' and views it as a developing meta worth monitoring.
MSTR's 9% notes reasonable bet.
Jordi thinks Saylor's new 9% preferred/note structure and the broader treasury meta can work because there is strong demand for fixed yield, and if Bitcoin rises more than 9%, the vehicle can keep buying BTC; he calls it a reasonable bet and thinks Saylor may scale it.
MSTR risks Saylor running out of games.
Taiki is increasingly cautious on MSTR because Saylor appears to be running out of capital-structure games; the new instruments dilute the MSTR premium, and although more Bitcoin purchases could help BTC, he is scared something bad will happen and keeps a sell button ready.
ETH treasury vehicles can go far.
Justin thinks ETH treasury vehicles like Bitmine can go pretty far because ETH momentum and narrative make sense, and he does not think the ETH trade is solely reliant on those companies; Tom Lee is already the largest ETH holder.
ETH high velocity caps exponential upside.
Taiki is less optimistic than Justin on ETH because there is a lot of ETH and its velocity is high; unlike Bitcoin, it is actively used and holders can sell quickly into pumps, so he does not think ETH can move as exponentially, though Wall Street treasury vehicles are a positive support.
ETH fair value; ATH needs BTC 200k.
Jordi thinks ETH is near fair value and taking profit is not a mistake; he does not expect all-time highs this year unless Bitcoin reaches about $200k, so he is cautiously neutral rather than aggressively bullish.
This Steady Lads Podcast video, published August 08, 2025,
features Justin Bram, Taiki Maeda, Jordi Alexander
discussing ETH, ALTCOINS, FARTCOIN, MEMECOINS, SPY, BTC, GLD, Bitcoin/Gold ratio, PUMP, Launchpad tokens, LIGHT, IP World, Evil Larry, NFTS, AI-SECTOR, MSTR, ETH treasury vehicles, BITMINE.
19 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Justin Bram,
Taiki Maeda,
Jordi Alexander
· Tickers:
ETH,
ALTCOINS,
FARTCOIN,
MEMECOINS,
SPY,
BTC,
GLD,
Bitcoin/Gold ratio,
PUMP,
Launchpad tokens,
LIGHT,
IP World,
Evil Larry,
NFTS,
AI-SECTOR,
MSTR,
ETH treasury vehicles,
BITMINE
