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:

• 🎙️Hot Off the Mic: Polygon’s Path To a $100 Billion

• 📰News: Bitcoin Blasts to $118K ATH on Fed Rate Cut Hopes

• 🌟Narrative of the week: Pump.fun $600M Token Launch

NEWS📰

1. 🟠 Bitcoin Blasts to $118K ATH on Fed Rate Cut Hopes

   Bitcoin just ripped to a new all time high of $118,000, powered by $200M in short liquidations and growing belief the Fed will cut rates this month. Spot buyers are in control, exchange reserves keep falling, and BTC is increasingly seen as a safe haven. Analysts warn a supply shock might be next this rally’s not done yet.

2. 🇦🇪 TON’s Golden Visa Staking Plan Denied by UAE

   TON offered a UAE golden visa to anyone staking $100K in Toncoin, but UAE authorities denied any such partnership, calling the claims misleading. Officials clarified that crypto investments don’t qualify for residency and that TON isn’t licensed locally.

3. 💊 Pump.fun Acquires Kolscan Ahead of $1B ICO

   Memecoin platform Pump.fun just made its first acquisition, snapping up wallet-tracking tool Kolscan. Kolscan tracks top traders in real time, and Pump.fun plans to integrate it with gamified leaderboards and copy trading insights.

4. 📈 Bitcoin ETFs Smash $50B Milestone as Corporate Demand Surges

   BlackRock and Fidelity's Bitcoin ETFs just pushed total net inflows past $50B, with IBIT alone holding over 700K BTC. Japan’s Metaplanet now holds 15.5K BTC, and other firms across Europe and Asia are stacking too. With BTC at $118K and ETH pushing past $3K, institutional demand is clearly heating up.

5. 🖼️ Snoop Dogg Sells Out 1M Telegram NFTs in 30 Minutes

   Snoop Dogg just dropped nearly 1 million NFTs on Telegram and sold out in under 30 minutes, raking in $12M.Telegram says secondary sales go live in 3 weeks. TON’s NFT lead called it “the start of a new NFT narrative” as the space tries to bounce back from a rough year.

6. 🌿 Robinhood’s Tokenized Stocks Spark Surge in Private Company Demand

   Robinhood’s EU stock token launch is drawing massive interest from private firms wanting in offering retail access to once exclusive shares. CEO Vlad Tenev says private companies are lining up to tokenize, calling it a revolution. But the move has regulators watching closely, especially in Lithuania. Still, Robinhood is betting big on tokenizing capital markets and hopes the U.S. joins in soon.

Polygon To A $100 Billion?

In this week’s video, I’m breaking down why I think Polygon could hit $100 Billion this cycle. While the market’s sleeping on Polygon, the tech it's rolling out is creating more value per dollar than Solana and Wall Street is starting to notice. Here’s why I think it’s one of the most underrated tokens in crypto right now.

Narrative Of The Week: Pump.fun $600M Token Launch

Pump.fun is back in the spotlight with a massive $600M token sale. But with sky high valuations and regulatory concerns, not everyone’s sold. Here’s what’s going on:

PUMP Token Sale: Launching July 12 at 14:00 UTC, 150B PUMP tokens (15% of total supply) will be sold at $0.004, giving it a $4B fully diluted valuation. Major exchanges like Bybit, Kraken, and KuCoin are hosting the sale first come, first served, KYC required.

Airdrop Incoming: A chunk of the 24% community allocation (240B tokens, potentially worth $960M) is set aside for an upcoming airdrop. No confirmed snapshot yet, and no criteria has been mentioned.

Regulatory Red Tape: Users in the U.S., U.K., and EU are blocked from participating.

Market Backdrop: Pump.fun has pulled in $700M since January 2024, but that’s down 92% from peak. Competitor LetsBonk is gaining steam, and critics are calling the $4B FDV pure hopium.

Pump.fun is still one of the few Web3 platforms pulling in real revenue, even if it’s way down from the peak. The launch is catching heat from all sides, but with Bitcoin pushing past ATHs, they might’ve nailed the timing perfectly. Whether it plays out as a genius play or a flop, we’ll find out soon enough.

AIRDROPS 🪂

To Claim:

Dolomite (Users)
Zora (Platform Users)
Resolv (USR Holders)
Sophon (Zksync Power Users and Kaito Nft Holders)

To Farm:

Sonic: Formerly Fantom
Infinifi: Stablecoin Vaults
Lighter Perps: Trade for points
Gearbox: Borrow and Lend
Contango: Defi Looping

 SOME TWEETS

MEME OF THE WEEK

TEMPERATURE CHECK📒