Meme Coins That May 10x as Waller Hints at Another Fed Rate Cut
Federal Reserve Governor Christopher Waller suggests another interest rate cut may happen this year, following three cuts in 2024 (50 basis points in September, and 25 basis points in November and December). Inflation remains high, but Waller anticipates it will gradually decrease. There's a low 2.5% chance of a rate cut in March, but a 45% chance in July. A rate cut could make crypto more attractive to investors as returns on safer investments like bonds decrease. Waller downplayed the impact of tariffs on inflation. Three meme coins are mentioned as potential investment options. BTC Bull Token ($BTCBULL) offers free Bitcoin airdrops to holders when Bitcoin reaches certain price targets and uses a token burn mechanism. Its presale raised $2.1 million, with one token currently priced at $0.00237. Meme Index ($MEMEX) offers diversified meme coin investments through four baskets with varying risk levels. Its presale raised $3.7 million, with one token costing $0.0162933. FirstBroccoli ($BROCCOLI) gained 407% in price after Binance founder Changpeng Zhao mentioned his dog shares the same name. It reached a $19 million market cap and $10 million 24-hour trading volume.