US Inflation Falls To 2.9% – Incoming Interest Rate Cuts Could Result In Significant Gains For Cryptocurrencies

2024-8-16 15:00

The Federal Reserve has yet to announce the size of the annual interest rate cuts. History has shown that the higher the interest cuts, the more positive they will be on the crypto market.

Therefore, many investors are rushing to find the next big token to catapult their earnings. It seems like each day, a new coin emerges, failing to make the big promises of high returns.

Leading industry analysts have found that Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWG), PlayDoge ($PLAY), and The Meme Games ($MGMES) are positioning to be the best new projects.

Let’s see the reasons below.

>>> Buy the Best Crypto Now <<<

Lower Inflation and Possible High Interest Rate Cuts Fuel Bull Run Speculations – These Presales Are The Best Option In That Scenario

The US announced recently that the July annual inflation rate is 2.9%. This is the highest rate in approximately three years, and it has had a positive impact on the market.

However, if the speculation of increased interest rate cuts is true, we could be seeing an enormous bull run. This has been proven practice over the years, as this event triggers bear market trading in crypto.

There is still a fear that things might not go as planned in the next FED meeting on 18 September. There will still be some cuts, but some experts believe they might now make a significant change. If that happens, the crypto market will definitely feel that decision and have a massive hit.

Either way, veteran market experts have found coins that could deflect all those events – Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), PlayDoge ($PLAY) and The Meme Games ($MGMES).

Let’s check out the details below.

>>> Buy the Best Crypto Now <<<

Pepe Unchained ($PEPU) Fixes Ethereum’s Scalability Issue With Its Layer-2 Blockchain

Pepe Unchained ($PEPU) has accumulated massive hype through its new blockchain, which is specifically designed to tackle all of Ethereum’s problems.

Since it has a layer-2 structure, it must first solve the scalability issue. It does so by processing transactions off the main network, reducing congestion, and lowering fees. 

This allows Ethereum to handle more transactions faster and at a lower cost. The official website advertises this new blockchain as 100x faster than Ethereum.

The ongoing presale is considered one of the most popular ones. It has accumulated over $9 million, and the current price of $0.0090901 makes this offer compelling.

>>> Buy Pepe Unchained Now <<<

Crypto All-Stars ($STARS) Offers Impressive Staking Returns Through Its Innovative Protocol

Crypto All-Stars ($STARS) presents a unique opportunity for investors with its groundbreaking “MemeVault” feature. This innovative staking protocol, which marks a first in the crypto world, lets you earn $STARS tokens by staking popular meme coins.

The platform supports multi-token, multi-chain staking, uniting holders of leading meme coins under one system and rewarding them with $STARS, the core token of the ecosystem.

Since its ICO launch just a few days ago, Crypto All-Stars has already raised over $450k, demonstrating strong investor interest and confidence in this pioneering project.

The presale is structured in phases; therefore, the current $0.0013855 per token will change in just one day.

>>> Buy Crypto All-Stars <<<

Base Dawgz ($DAWGZ) Combines Multi-chain Technologies With Innovative Share2Earn Feature to Create The Ultimate Meme Coin

Base Dawgz ($DAWGZ) sets itself apart from other meme coins through its unique multi-chain interoperability, harnessing the strengths of various blockchains.

While primarily operating on the Base blockchain, it also integrates with Ethereum, Solana, Binance Smart Chain, and Avalanche. The ongoing presale has already raised $2.9 million and is approaching its next target.

A standout feature is the “Share-to-Earn” model, which encourages community engagement by allowing users to earn points for sharing content on social media. After the presale, these points can be exchanged for $DAWGZ tokens.

To participate, users must click the ‘refer and earn’ button, connect their wallets, and share a unique referral link to earn referral rewards.

>>> Buy Base Dawgz Now <<<

PlayDoge ($PLAY) Captures Investor’s Attention With Its Fun Play2Earn Mobile Game

PlayDoge ($PLAY) is quickly gaining attention, having raised $6 million during its presale.

Often compared to Floki Inu due to its meme coin roots, PlayDoge offers a mobile game inspired by the classic Tamagotchi pets, which became a cultural icon in the 1990s.

PlayDoge revives this nostalgic experience with enhanced graphics, interactive elements, and additional features, making the game more immersive. Players will care for virtual pets by feeding, playing, and completing mini-games, earning $PLAY tokens.

These tokens can be used to buy in-game items and unlock special features. The game also includes a competitive leaderboard, where top players can earn extra $PLAY tokens, encouraging ongoing engagement and competition.

>>> Buy PlayDoge Now <<<

The Meme Games ($MGMES) Take The Position of the “Official” Meme Coin For The Summer Olympics

The Meme Games ($MGMES) is quickly gaining traction in the crypto world, earning the title of the “Official” coin for the 2024 Summer Olympics. Timed perfectly with the commencement of the Olympics, this project’s presale will run until the end of the Paralympics, adding an engaging and timely aspect to the initiative.

Throughout the presale, the token’s price will rise periodically, with the subsequent increase occurring in just five days. At the current price of $0.00925, the token offers a compelling opportunity for early investors looking to enter at a favorable rate before the price climbs. Nearly $370k has been accumulated in the fundraising.

Beyond the investment potential, buying $MGMES tokens unlocks access to the 169-meter sprint race. This unique feature provides a chance to win a 25% token multiplier, infusing the investment process with a competitive and rewarding element.

>>> Buy The Meme Games Now <<<

Conclusion

The inflation rates and potentially high-interest cuts make it a great time to invest in the crypto market.

Traders are securing early participation spots in the new presales Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), PlayDoge ($PLAY) and The Meme Games ($MGMES).

With their impressive presales, innovative technologies, and bright future ahead, these must-have tokens for all investors looking to make their dream holidays this summer.

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post US Inflation Falls To 2.9% – Incoming Interest Rate Cuts Could Result In Significant Gains For Cryptocurrencies appeared first on CaptainAltcoin.

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interest cuts rate market therefore crypto positive

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