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Meme Coins to 10X as Waller Hints at Another Fed Rate Cut

Meme Coins That May 10x as Waller Hints at Another Fed Rate Cut

Bitcoinist
by Bitcoinist
6 months ago
·
Posted in Altcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

We may see another interest rate cut this year, says Fed Governor Christopher Waller.

The Fed made three rate cuts in 2024, the first being an aggressive 50 bp (basis point) cut in September, a 25 bp cut in November, and another 25 bp cut in December.

However, Waller admits these cuts didn’t have the desired effect. Inflation remains high, but Waller expects it to normalize slowly but steadily if the Fed follows the current monetary policy.

FedWatch shows just a 2.5% probability of a 25 bp rate cut at the March FOMC (Federal Open Market Committee) meeting but a 45% likelihood for July.

For crypto, the potential rate cut is a bullish scenario because it may fuel investor risk appetite. Returns on ‘safe’ investments like bonds and savings accounts decrease, which encourages investors to buy high-risk, high-return assets like altcoins and meme coins.

Waller also gave little weight to the effect of Trump’s tariff war on inflation. He hopes tariffs would increase prices only modestly and temporarily.

The rate cut probability suggests we have a few months to stack up on promising meme coins that could offer greater returns than save-haven crypto like Bitcoin.

These three meme coins are some of the best new altcoins to buy now.

1. BTC Bull Token ($BTCBULL) Aidrops Free $BTC to Holder Wallets

Now that 20 US states have proposed their Bitcoin reserve bills, analysts predict $BTC to surge to a new level. Fed Chair Jerome Powell also called $BTC ‘digital gold’ – an improvement from his previous stance.

BTC Bull Token ($BTCBULL) celebrates $BTC’s new all-time highs (ATHs) with free $BTC airdrops. You can earn $BTC simply by holding $BTCBULL in the Best Wallet app.

The project plans two $BTC airdrops for when $BTC hits $140K and 200K and one massive $BTCBULL airdrop for when $BTC hits $250K.

Additionally, BTC Bull Token employs a token burn mechanism to increase $BTCBULL’s value through scarcity.

The presale kicked off a week ago and has already generated $2.1M in funding. One $BTCBULL now costs $0.00237, but the price is increasing fast as more investors join the project.

BTC Bull Token presale

First adopters can maximize potential returns with a 195% APY. The rate is dynamic and will decrease over time, so now is the best time to secure your share and buy $BTCBULL.

2. Meme Index ($MEMEX) Simplifies Meme Coin Investments

Meme coins are the most volatile sector in the entire crypto market. New coins launch every day, with some failing immediately and others rising to the top seemingly without any reason.

Even if you’re an experienced trader, predicting which meme coins will bring you the biggest gains isn’t easy.

Meme Index ($MEMEX) streamlines meme coin investing with four baskets catered to different risk appetites:

  • Titan: Established tokens like $DOGE, $SHIB, and $PEPE
  • Moonshot: Projects that may challenge the titans, like $POPCAT and $PNUT
  • MidCap: Meme coins with a $50M–$250M valuation that are extremely volatile
  • Frenzy: The newest meme coins with the highest risk-reward ratio

Essentially, you invest in eight tokens instead of one to spread risk and potentially secure greater profits.

The possibility to invest in meme coins in a safer way helped $MEMEX raise over $3.7M on presale.

Meme index presaleOne token now costs $0.0162933, but the price will increase when the project reaches the $4.1M milestone. Analysts predict $MEMEX to reach $0.074 when it launches on exchanges.

3. FirstBroccoli ($BROCCOLI) Could Be the Next $DOGE

No, degen investors didn’t go vegan all at once. The reason FirstBroccoli ($BROCCOLI) became this week’s top gainer with a 407% price increase is its connection to Binance’s founder Changpeng Zhao.

Last week, Zhao shared on X that his dog’s name is Broccoli. The Belgian Malinois canine is a gift from Zhao’s friend who owns a zoo in Dubai and got its name because it starts with ‘B’ and has a ‘blocky sound.’

Like his owner, Broccoli is ‘not properly specialized’ and ‘is scared of everything,’ so the two bonded quickly. Zhao also bought a $200 bike from Amazon to jog with the dog as he (Broccoli, not Zhao) has lots of energy.

Zhao didn’t launch the meme coin himself – the community did. However, CZ said the BNB Foundation would support top Broccoli meme coins with extra liquidity or community rewards.

CZ's Broccoli dog post

The first $BROCCOLI token reached a $19M market cap and $10M 24-hour trading volume in five days. And, given CZ’s influence on the crypto sector, it may see more upside in the coming months.

Final Remarks

The high possibility of Fed rate cuts in summer could spark a new crypto rally, so now is the best time to build your portfolio and wait for the pump to kick in.

While traditional safe-haven investments may offer lower returns, meme coins like $BTCBULL, $MEMEX, and $BROCCOLI could flourish.

However, remember that timing is key. Even in favorable market conditions, meme coins remain volatile, so DYOR and diversify your portfolio.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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