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

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2024-08-16 21:00:12795browse

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

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

The Federal Reserve has yet to announce the size of the annual interest rate cuts. However, 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.

However, 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 themselves to be the best new projects.

Let’s see the reasons below.

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.

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.

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.

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.

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 は、強化されたグラフィックス、インタラクティブな要素、追加機能でこの懐かしい体験を復活させ、ゲームをより没入型にします。プレイヤーは、餌をあげたり、遊んだり、ミニゲームを完了したりして仮想ペットの世話をし、$PLAY トークンを獲得します。

これらのトークンは購入に使用できます

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