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

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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.



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Cardano Price To Hit $4 If This Happens, Analyst Says Despite 180M ADA Dump

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A renowned crypto market analyst predicted that Cardano price could hit $4 ahead despite the current broader market uncertainty. ‘ALLINCRYPTO’ has forecasted a highly bullish outlook for the crypto recently, primarily against the backdrop of historical data. However, traders and investors are left scratching their heads as the market also saw massive ADA whale dumps, with 180 million coins offloaded.

Cardano Price Eyes $4, Analyst Predicts Citing Historical Data

According to ALLINCRYPTO’s X post on April 18, Cardano price is eyeing $4 as the analyst believes history is set to repeat itself. A major bull run lies ahead as the price is completing its final cycle, per the analyst.

ADA price chart and formationsADA price chart and formations
Source: ALLINCRYPTO, X

For context, the ALLINCRYPTO’s chart spotlights how ADA had a massive bull run as of 2020 and continued till mid-2021. Citing this past performance, the analyst revealed that a $4 price target lies ahead.

Crypto market traders and investors are left speculating if such a feat is even possible amid broader market trends. It’s also noteworthy that historical performances don’t always guarantee future performances, given the dynamic nature of digital assets.

However, another renowned analyst has joined the fray by projecting a bullish outlook for Cardano price. Analyst Ali Martinez revealed in an X post on April 18 that the crypto is consolidating within a triangle, setting the stage for a potential 30% price move. This bullish prediction has slightly tilted the scales towards the optimistic side.

Cardano priceCardano price
Source: Ali Charts, X

ADA coin’s price currently rests at $0.6298, up nearly 2.5% over the past day. The coin’s intraday bottom and peak were recorded as $0.612 and $0.6341, respectively.

Massive Whale Dumps Usher Caution

Besides, recent whale metrics have conversely stirred up some caution among investors, underscoring rising selling pressure on the asset. According to another X post by Ali Martinez, whales took advantage of the recent ADA price upswing to offload 180 million coins in the past 5 days.

ADA whale activityADA whale activity
Source: Ali Charts, X

This massive selling has also hinted at declining market confidence surrounding the cryptocurrency. As a result, market watchers are slightly apprehensive regarding the bullish predictions shared by the analysts.

Besides, a Cardano price prediction by CoinGape also revealed that bears remain in control of the asset at the moment, as per the 3-month bias indicator. In turn, broader market sentiments surrounding the coin’s long-term prospects remain shrouded in an enigma.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Chainlink Price To Hit $26 If LINK Breaks Past This Crucial Level

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The Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin’s potential rally new heights.

Analysts like Ali Martinez and CRYPTOWZRD have identified critical levels for LINK, invoking the community’s attention. Let’s unveil Chainlink’s potential movements through the analyses of popular analysts.

Is Chainlink Price Ready for a Rebound?

In a detailed analysis, analyst Ali Martinez spotted key support and resistance levels for Chainlink. According to Ali’s analysis, Chainlink’s support level is established at $12.28, while $14.58 acts as a significant resistance hurdle.

With the Chainlink price breaking past its support line, which now acts as a foundation, the stage is set for a potential bullish reversal, signaling an upward trend. And, if LINK breaks past the $14.58 point, which has been a significant resistance point, further upside momentum comes into view, with potential new highs on the horizon.

Chainlink’s Next Target: Is $26 Within Reach?

According to market expert CRYPTOWZRD, Chainlink daily technical outlook is uncertain, with an indecisive close. However, the analyst highlighted that LINK is currently testing the significant $12.50 level. Given LINK’s oversold condition, its price movement is likely to follow Bitcoin’s trend.

Chainlink Price To Hit $26 If LINK Breaks Past This Crucial LevelChainlink Price To Hit $26 If LINK Breaks Past This Crucial Level
Source: X, CRYPTOWZRD

Interestingly, as pointed out by CRYPTOWZRD, LINKBTC’s daily falling wedge formation suggests potential for an impulsive upside breakout. LINK itself is forming a daily falling wedge above its lower high trend line, indicating a possible rally towards the $16 resistance target and beyond.

Significantly, the chart presented by the expert indicates that LINK could hit $26 if it passes the resistance point. However, as per CoinGape’s Chainlink Price Prediction, LINK will reach a maximum of $15.24 in 2025.

Meanwhile, LINK’s intraday chart showed a lack of clear direction, with price movements confined to a narrow range. A breakout above $13.20 could present a trade opportunity, while a decline below $11.80 would signal a test of the main support level.

LINK Market Sentiment Analysis

In an “In/Out of the Money Around Price” analysis, Ali Martinez shared insights into the market sentiment for LINK. The analyst detailed the number of traders holding Chainlink at different price points.

At press time, Chainlink is trading at $12.81, up1.46%. Despite a 0.86% surge over the past week, LINK experienced a massive decline of 30.99% over the last month.

Notably, more addresses are holding LINK at a loss than at a profit. According to the chart, 53.06% of the holdings are “out of the money,” which means that they represent 78.24 million LINK bought at a price above the current $12.68.

At the same time, 44.63% of analyzed holdings, representing 65.81 million LINK, are ‘in the money,’ having been bought by traders at a price below $12.68. This data highlights potential support and resistance levels, with significant holdings at $12.47 and $14.19.

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Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Lorenzo Protocol (BANK) Price Rallies 150% After This Binance Announcement

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Lorenzo Protocol (BANK) price has defied the broader market’s recent uncertain trend by rallying 150% this Saturday. The institutional-grade asset management platform has stolen the spotlight primarily as a top CEX, Binance, unveiled a new listing for its native token. As a result, traders and investors are extensively eyeing this crypto, speculating whether the pump could sustain amid enhanced market exposure.

Lorenzo Protocol Price Bullish As Binance Futures Adds BANKUSDT Contract

At the time of reporting, BANK price traded at $0.05237, up by a staggering 150% in just a day. The cryptocurrency’s price surged from a bottom of $0.01839 intraday, in sync with Binance’s announcement.

According to an official press release by the crypto exchange on April 18, the platform’s futures trading division is adding the BANK USD-Margined perpetual contract to its stockpile of offerings. The platform’s colossal user base remains poised to enjoy up to 50x leverage while trading the asset. The timeline for this launch was set at 18:30 UTC, the same day.

Further, the top crypto exchange set the capped funding rate at +2.00%/-2.00%. Also, the same perpetual contract will be available for ‘Futures Copy’ trading, offering users enhanced opportunities to make returns.

For context, usual market sentiments about the coin’s future price action have turned highly bullish with the new offering. Traders and investors are expecting a substantial influx of funds into the token as the new listing paves the way for more investor interaction with the asset.

Now, crypto market watchers are thoroughly monitoring the token for further gains, highly optimistic amid an ongoing rally of 150% following the listing announcement. Lorenzo Protocol is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies.

Besides, it’s worth mentioning that Binance revealed another crypto listing this week, CoinGape reported. The CEX has revealed plans to open trading for Balance (EPT) shortly, garnering further attention among traders and investors.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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