- Never Die: A Crypto Newsletter
- Posts
- Memecoin Investing 101
Memecoin Investing 101
GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
New Pod with Phil from Creator Bid 🎙️
How to get started memecoin investing 🚀
Fed cuts rates again ✂️
GLOBAL MARKET CAP $2.57T ▲ 6.44% (7d) | 24H MARKET VOLUME $131.92B ▼ 11.94% (24h) |
BITCOIN’S DOMINANCE 60.09% | FEAR & GREED INDEX 72 Greed |
Bitcoin $75,949.14 ▲ 8.19% (7d) | Ethereum $2,932.49 ▲ 15.59% (7d) |
NEWS📰
🇺🇸 Trump Elected US President for a Second Term
Donald Trump won the 2024 U.S. presidential election with 312 electoral votes and will start his term in January 2025 alongside a Republican-majority Senate. Bitcoin surged to $76,500 as markets responded positively to his victory.
☁️ Google Cloud Joins as Lead Validator on Cronos Blockchain
Google Cloud is now the main validator on the Cronos blockchain, boosting its security and decentralization alongside validators like Crypto.com. This partnership strengthens Google Cloud’s role in Web3 innovation on Cronos.
🏛️ Republican Senate Majority Hints at a More Pro-Crypto Congress
With a new Republican majority in the Senate, the U.S. is set to pursue clearer, pro-crypto regulations, fostering innovation and aiming to keep pace with Europe’s advancing crypto framework.
📈 BlackRock Bitcoin ETF Hits Record Volume with $4.1B Traded
BlackRock’s Bitcoin ETF saw record trading on Nov. 6, with over $4.1 billion in volume following Donald Trump’s presidential victory. Bitcoin hit a new high of $76,500, as analysts anticipate further gains due to Trump’s pro-crypto stance.
💵 Robinhood, Kraken & Paxos Launch Global Dollar Stablecoin Network
Robinhood, Galaxy Digital, and Paxos launched the Global Dollar Network to drive stablecoin adoption with the USDG stablecoin, backed by DBS Bank in Singapore and initially available on Ethereum.
📉 Hamster Kombat User Base Plummets 86%
Hamster Kombat, once a top Telegram game, has seen an 86% decline in users, falling to 41 million monthly players as competition rise. Meanwhile, PAWS, a new Mini App, surged to 20.5 million users in eight days, surpassing Hamster Kombat’s initial growth.
🚀 Eclipse Launches First Ethereum L2 on Solana Mainnet
Eclipse, a highly anticipated hybrid blockchain combining Ethereum and Solana, launched on Nov. 7 after securing $65 million in funding. The network aims to offer faster, cheaper Ethereum transactions using Solana's Virtual Machine and supports 60 decentralized applications across DeFi, consumer apps, and gaming.
🏎️ Lamborghini to Launch Revuelto NFT Mint with Animoca Brands & Transak
Lamborghini is launching Revuelto NFTs through Transak’s platform on Nov. 7, allowing users to drive digital Lamborghinis in Motorverse games by Animoca Brands.
‼️ Detroit to Allow Crypto Tax Payments Starting Mid-2025
Detroit will allow residents to pay taxes and fees with cryptocurrency via a PayPal-managed platform starting mid-2025, as part of a broader effort to modernize payment options and attract blockchain companies.
🚨Fed Lowers Rates by 25 Basis Points
The U.S. Federal Reserve cut interest rate by 25 basis points, citing eased labor market conditions and steady progress toward its inflation target. Fed Chair Jerome Powell clarified that recent election results would not affect near-term policy.
A Deep Dive Into AI Crypto Agents
In this episode, I chat with the Legend Phil from Creator Bid. We discuss AI agents, memecoins, the future of AI-driven content creators, influencers, and what the future of crypto AI might look like.
Beginners Guide to Memecoin Investing
In this week’s video, I break down how to start investing in memecoins. I cover everything I wish I’d known early on, including tips, how to spot scams, and finding the best memecoins to buy.
AIRDROPS 🪂
To Claim:
To Farm:
Fluid: Lend/Borrow Funds
Gearbox: Earn/Borrow/Farm
Symbiotic: Restaking your ETH
BonsaiDAO: Restaking your ETH
Contango: Defi Looping
SOME TWEETS
The ETH thesis is simple:
You have @arbitrum@base@0xPolygon@Optimism@EclipseFND@zksync, and one day hundreds if not thousands more all competing for marketshare.
How can any single alt layer 1 compete with an ever expanding amount of layer 2’s who can:
-Iterate and… x.com/i/web/status/1…
— Jesse Eckel (@Jesseeckel)
12:54 PM • Nov 8, 2024
JUST IN: 🇺🇸 Florida's Chief Financial Officer says the state holds over $800 million in crypto-related investments.
— Watcher.Guru (@WatcherGuru)
1:20 PM • Nov 1, 2024
JUST IN: 🇩🇪
Deutsche Telecom/T-mobile has started mining #Bitcoin using excess renewable energy, and is already running a Bitcoin node!
— Radar🚨 (@RadarHits)
11:31 AM • Nov 4, 2024
The number of short-term Bitcoin holders is increasing rapidly.
This pattern is often seen in bull markets, as new participants join in response to rising prices.
— IntoTheBlock (@intotheblock)
11:56 AM • Nov 7, 2024
ICYMI: 🇺🇸 Detriot Michigan has become the largest US city to accept Bitcoin $BTC and other cryptos as payment for taxes 🚀
— Blocknews.Com (@blocknewsdotcom)
9:37 PM • Nov 7, 2024
🇫🇷 JUST IN: France moves to ban crypto betting platform Polymarket after a French trader made $48M on Trump victory, calling it illegal gambling.
— Cointelegraph (@Cointelegraph)
12:50 PM • Nov 7, 2024
MEME OF THE WEEK
TEMPERATURE CHECK📒
How Would You Rate This Week’s Email |