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$LINEA might be the most undervalued L2 no one’s watching. MetaMask just dropped a stablecoin. Institutions are bridging in. What happens if MetaMask actually launches a token?

Here’s what we got for you today:

• 👀 Best Free methods to earn with crypto

• ⭐ $LINEA can explode if MetaMask token drops?

• ⭐ Baby Shark ($PINKFONG) crashes 99%

• 🔥 Burning hot takes for the road

It's 2025, and people are stacking tokens just by reading, clicking, or staking what they already hold. And you, yes you, can earn real crypto without spending a single dollar.

If you're still watching from the sidelines, you're missing the biggest free-money era in crypto. This guide changes that:

🧮 COULD $LINEA EXPLODE IF METAMASK TOKEN DROPS?

The MetaMask token is one of the most anticipated events in crypto, and Linea could be the biggest winner. This is a hot topic in the community right now and for good reason.

→ So if they launch a token, the Fully Diluted Valuation (FDV) will likely be $1B+ minimum.

Why $LINEA.X ( ▲ 4.13% ) is gaining attention:

• Airdrop mostly done → ~93% of tokens have been claimed → less short-term sell pressure

• Linea holders may get MetaMask airdrop → Tasks might be required via Linea Hub

• TVL growing fast → Already at ~$1.7B thanks to the Linea Ignition campaign (runs through November) → On-chain liquidity continues to expand

• Token burn mechanism → Expected to go live end of Sept or early Oct → deflationary pressure incoming

• MetaMask’s stablecoin $MUSD.X ( ▲ 0.1% ) launched on Linea → Could boost trading activity and ecosystem synergy

• SharpLink plans to bridge ETH into Linea DeFi → capital inflow from TradFi → Web3

Looking ahead, Linea is expected to launch native yield distribution in Q4. Instead of relying on external incentives, the network will redistribute its own activity-based yield to users.

That could attract even more $ETH.X ( ▲ 6.71% ) holders, especially with big names like Joseph Lubin indirectly connected via SharpLink.

But the most important technical upgrade is coming in Q1 2026, when Linea aims to launch its Type-1 zkEVM. If successful, it will be fully bytecode-compatible with Ethereum.

Yeah but still, it’s a tough engineering challenge, and other teams are racing for it too.

And let’s be real... Just like other L2s, Linea needs real ecosystem growth to sustain long-term price action.

Layer-2s like Scroll, Blast, Boba, zkSync struggled due to weak app ecosystems. Chains like BNB Chain, Solana, Sui succeed because they build both the chain and the apps behind the scenes.

So far, MetaMask + $mUSD are solid building blocks on Linea. But it’s not enough.

Even top protocols like @etherexfi (on Linea) fall short in performance vs. Raydium, Uniswap, or PancakeSwap. Only 2 of the top 10 TVL projects are truly native to Linea.

→ ETH holders may prefer to lend/borrow on other chains with more mature ecosystems.

From a valuation standpoint:

• FDV/TVL ratio for Linea is low compared to Starknet and zkSync.

• Based on a fair 1.7x ratio, Linea's FDV could reach $1.9B, matching others.

• Current token price of $0.026 matches this fair valuation.

• Linea’s TVL is 3.7x Optimism, but its FDV is only ~55% of it.

So yeah, $LINEA may actually be undervalued right now. What you do next… that’s on you. But I’m watching $LINEA.X ( ▲ 4.13% ) closely.

How about you? Are you holding any Layer-2s?

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🌊 $PINKFONG CRASHES 99% AFTER IP SCANDAL

What started as a viral token run turned into a full-blown disaster on Story Protocol last week.

Baby Shark, the 2-minute viral kids’ song (16B+ YouTube views), made its way into Web3 through a token named $PINKFONG.

Promoted as “official,” it exploded on Story Protocol (a Layer-1 IP blockchain), hitting $500M market cap in hours, boosted by the Story Protocol official account and KOLs like Ansem.

Then the crash came:

• Price collapsed 99%, falling from $0.35 to $0.00064.

• Pinkfong (the Korean company) issued a statement denying any connection, warning of serious legal action for IP violations.

• They clarified only two tokens are legit:
  → Baby Shark Meme ($BABYSHARK.X ( ▲ 0.46% ) ) on Solana
  → Baby Shark Universe ($BSU.X ( ▲ 15.09% ) ) on BNB Chain

IP World launched the token, claiming they had a license via BBF, who was licensed by BSU, which supposedly had a deal with Pinkfong.

→ One Pinkfong co-founder even publicly supported the token at an event → But the other co-founder denied everything the next day, stating the license may not be valid due to unpaid fees from BSU.

Analyst @chainyoda argued that Story Protocol and IP World were also victims! Meanwhile, blockchain analytics firm Bubblemaps dropped a bomb:

• 7 months ago, wallet 0xb2F6 funded multiple fresh wallets with similar amounts

• These wallets sniped 70M tokens the moment trading opened, 7% of supply (~$35M)

• Bubblemaps said many linked wallets remain untracked, so actual insider activity may be higher

• No direct link to Story Protocol or core team yet, but Story deleted promotional posts and has stayed silent, fueling speculation

Not only did $PINKFONG collapse, but Story Protocol’s native token ($IP.X ( ▲ 11.73% ) ) also plunged, wiping recent gains.

This whole mess proves exactly why we need on-chain IP frameworks in the first place. Be careful when projects lean too heavily on hype or legacy brands guys!

OUR FREE RESOURCE HUB LEVELED UP 🔖

We’ve been quietly building out our free resource section over the past few weeks... And now, it’s getting an upgrade.

Starting today, all free content in The Crypto Fire Resource Hub is tagged by type, now it’s way easier to find exactly what you need.

Here’s what’s live now:

• Crypto Foundations – basic definitions, concepts

• Complete Token Analysis – deep analysis of specific tokens

• AI x Crypto Corner – how AI tools can help you find alpha, farm better

• One-Shot Guides – step-by-step airdrop/farming guides in under 15 mins

• Starter Strategies – deeper frameworks

• On-Chain Tools – walkthroughs on the tools we actually use

If there’s a guide you want but don’t see, reply and tell us. Thanks for reading, you’re the reason we keep building this ❤️‍🔥

🔥 BURNING HOT TAKES FOR THE ROAD

Global payments giant SWIFT is now piloting blockchain tech by moving its messaging system to Linea. Read more

HyperLiquid just dropped $68,000+ worth of Hypurr NFTs collection to flex on PerpDEX rivals. Read more

Bloomberg ranked Justin Sun #236 of its global billionaire index. He controls 63% of $TRX.X ( ▼ 0.91% ) supply. Read more

Momentum x BuidlPad launch high-yield deposit program offering attractive APYs on the Sui blockchain. Read more

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⚠ This newsletter is for informational purposes only and should not be considered investment advice. Traders should conduct thorough research, understand the risks, and carefully evaluate their decisions before investing in cryptocurrency.