The optimism in the cryptocurrency market appears set to endure. Bitcoin’s price again exceeded the $60,000 threshold, slipping below $59,000 a day later. The rise wasn’t entirely unanticipated, as the issues that led to a recent decline are gradually resolving. However, we still have a ways to go to return to the previous support lines from a few months ago. With the US interest rate cuts ahead of us, continued market improvement is likely, paving the way for a potential year-end surge. Bitcoin could reach the $65,000 milestone as soon as next week. Investors are still focusing on emerging cryptos, such as Pepe Unchained, Crypto All-Stars, and Memebet, while waiting for BTC’s situation to stabilize.
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Interest Rate Adjustments as Catalysts?
The upcoming US Federal Reserve’s decision on interest rates will likely be a pivotal event for crypto markets. Since inflation rates have been lower than expected, the anticipation of potential rate cuts is rising, and the outcome could make a massive difference in the future of crypto. The word is that a 0.25% reduction in the key interest rates could happen tomorrow. However, discussions are now considering reductions of up to 0.50%.
If the Federal Reserve lowers interest rates by 0.50%, it could spark a bullish crypto market, potentially driving Bitcoin prices to new heights around $65,000. Bitcoin has surged following previous interest rate cuts, so this outcome is entirely possible. Interest rate cuts are often the first steps toward a bullish market, and the situation could be the same this time. While the cuts couldn’t push BTC prices to $100K, some experts believe that a series of positive events could result in such massive gains before 2024 is over.
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Will $100,000 Be Achievable This Year?
Although it is unlikely that Bitcoin will reach $100,000 by the end of the year, it is also possible. Past trends have shown that Bitcoin can experience price increases of 10-30% within a single month if it gains enough support, and if the interest cuts continue, that is still a possibility.
If Bitcoin hits $65,000 in September, a new all-time high in October is a definite possibility. October is often called “Uptober” in the crypto space, as it saw the most significant gains in the past few years. With the US presidential election in November, crypto markets could gain even more support if Donald Trump wins. This outcome could push BTC prices to over $100,000 this year, but until then, emerging cryptos such as Pepe Unchained, Crypto All-Stars, and MemeBet are still the best options for high gains.
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Pepe Unchained – World’s First Layer 2 Meme Coin
Pepe Unchained is attracting attention as one of the year’s most exciting token presales. It has already raised over $13.5 million, and is currently on its way to $14 million. Pepe Unchained is gaining attention as it’s the first ever Ethereum Layer-2 meme coin project built on a dedicated blockchain. Its innovative design and being based around Pepe the Frog gives Pepe Unchained massive potential in the crypto arena. However, it also offers excellent staking rewards surpassing an APY of 150%, giving users another incentive to join the growing Pepe Unchained community.
Moreover, Pepe Unchained’s unique blockchain is designed to provide 100X transaction speeds compared to Ethereum, with reduced fees. The project is easily one of the best meme coin presales in 2024, and if the current $PEPU token sell-off continues, it could surpass $20 million before the presale ends—which would be a truly impressive feat for a meme coin ICO.
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Crypto All-Stars – Flagship Multi-Token Staking Project Changing The Industry
Crypto All-Stars is gaining traction in the crypto community exceptionally quickly due to its unique multi-token staking reward system, which could forever change the meme coin niche. It has raised over $1.3 million in the first few weeks of its presale, and is showing no signs of stopping. The momentum surrounding the project is building extremely quickly, and investors are lining up to join the community before the $STARS tokens explode.
Crypto All-Stars aims to bring practical utility to the meme coin landscape. It introduces the MemeVault staking protocol, allowing investors to stake 12 established memes for high gains. The feature provides a centralized hub where users can stake their meme coins, such as DOGE, PEPE, SHIB, BRETT, and others, to earn native $STARS tokens.
$STARS tokens entered presale two weeks ago and are currently available for $0.0014477. The presale will have a total of 50 phases, during which the prices will keep increasing, so the sooner you buy the better.
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Memebet Token – First Ever Meme Coin Crypto Casino
Memebet Token is another unique crypto project set to revolutionize how investors engage in crypto gambling. It’s designed as the first meme coin dedicated crypto casino that allows users to play thousands of casino games using meme coins to earn native $MEMEBET tokens if they win. The official $MEMEBET ICO went live just a few days ago, raising an impressive $240,000 in funding in record time.
The project promises substantial shifts in the online gambling sector as the first meme coin casino that allows players to use tokens such as DOGE, PEPE, SHIB, and FLOKI to play thousands of available casino games from their web browser or Telegram app. The native casino is designed to cater to meme culture, featuring various iconic characters throughout the website and the many available games.
The project is built on the Ethereum blockchain, providing a secure and transparent gaming environment. Its integration with Telegram means it doesn’t require sign-ups or KYC procedures, making it one of the most accessible crypto casinos ever created.
With a maximum supply of 2 billion $MEMEBET tokens, 70% of which are available during the ongoing presale event, MemeBet is easily one of the best crypto investments you can make to capitalize on the upcoming crypto bull run!
Final Words
The incoming interest rate cuts have got millions of investors on edge as they wait for a market turnaround and a potential bull run. Bitcoin could finally enter a phase of reduced volatility, and if other things line up in the next few months, it could reach prices of up to $100K. However, as we still don’t know how the rate cuts will impact the market, investing in emerging meme coins such as $PEPU, $STARS, and $MEMEBET could help you get high returns, despite the outcome surrounding the world’s most valuable cryptocurrency.