The recent Bitcoin collapse in value from $90K+ to $78K may have forced traders to eat store-brand muesli instead of the premium stuff. But one leading economist says that the drop in Bitcoin value was a ‘necessary move.’
Henrik Zeberg made a couple of wild predictions. But one prediction he made is something most people agree on – a recession is likely on the horizon.
The analyst insisted that Fed Chair Jerome Powell will soon be forced to start printing more dollars to prop up the stuttering US economy.
That would potentially be good news for crypto investors, as printing more cash will further weaken the US dollar, which would likely force people to turn to crypto.
But before these meme coins rally really take off, you need to find yourself a safe place to store and invest those meme coin investments.
That is a very good reason why, out of all the current best presales, the current Meme Index presale could be your knight in shining armor.
Is There a ‘Blow-Off Top’ Event Coming If The Fed Cuts Interest Rates?
Zeberg maintains that what he described as a ‘blow-off top’ event is coming soon.
In other words, the value of crypto is about to go through the roof. That’s likely to happen when the Fed will eventually cut interest rates and start printing more money.
Adding to that, Zeberg said that Bitcoin slumped to $78K in such a short time largely due to ‘fear in crypto-land’. But now will likely be the time when we see a complete reversal (which he labeled as an ‘unpopular perspective.’)
And that complete reversal might be spearheaded by the likes of Meme Index, the first-and-only meme coin index in the world.
Meme Index Spreads Your Meme Coin Investment Risk
Meme Coin is one of the best altcoins out there, by virtue of the fact that it makes an investor’s life easier. How? Because it spreads the risk and you also don’t have to constantly check every meme coin investment.
The problem with new crypto – especially meme coins – is that you never know which ones are going to be runners and which ones are going to fall down at the first hurdle.
If you put all your money on the wrong coin, then you’ve lost most or all of your money.
You need to decide which fund you sink your funds into, depending on your willingness to tolerate risk.
These investment funds are only for holders of the Meme Index tokens. By buying into these tokens – especially at the presale stage – you’ll enter an exclusive investment club. Benefits include a great token price (now at $0.0166883) and a mind-blowing staking APY amount (which is currently at 583%).
As well as all of this, you also get voting and governance rights, which means you can play a big part in the future development decisions of Meme Index.
Sunny days are predicted to be ahead for Bitcoin and other altcoins – which means taking steps to safeguard your meme coin investment. Meme Index can help with this so the sun shines on you too.
The Best Advice Is Always To Do Your Own Research First
We’re not financial advisors or lawyers. So we can’t give you 100% dead-certain guidance on where to place your money. We can only analyze the recent trends and make educated predictions based on our crypto experience.
Therefore, you shouldn’t solely take our word for it. Before committing any of your hard-earned funds to Meme Index, you should always do lots and lots of research from credible sources (Facebook doesn’t count). Come to your own independent conclusions and then make your own decision.
Never, ever invest money that you can’t afford to potentially lose. Meme coin investing is fun – but not if it makes you broke.
