Despite holding interest rates steady between 4.25% and 4.5% since December 2024, the Fed may finally be ready to pivot. Federal Reserve Governor Christopher Waller has hinted that the first rate cut could arrive as soon as July, signaling a potential shift in monetary policy.
Waller thinks that the effects of Trump’s tariffs are now fully factored in, meaning there shouldn’t be any further downside risk. He has urged the Fed to be more proactive and not wait for the labor market slump before cutting rates.
It’s worth noting that the Fed has kept the rate steady in its latest June 18 statement. However, as market expectations swell, we might see a rate cut sooner rather than later.
Read on as we dig into the rate cut situation and also recommend a few tokens that could be the next crypto to 1000x as a more lenient policy change fuels risk-on sentiment.
Opposing Views Within the Fed
Mary Daly, the San Francisco Fed president, portrayed a more conservative approach when talking about rate cuts.
Daly believes that the Fed should wait till this fall to make a decisive move. And in the meantime, the committee should collect more economic data on various possible outcomes, including labor market trends.
As per reports, 12 out of the 19 Fed meeting participants expect at least one rate cut this year.
If rate cuts kick in, which they should, borrowing costs will go down, fueling more investments in non-traditional and ‘risky’ assets like crypto.
To help you stay ahead of the curve, we’ve handpicked three top cryptos that we believe could be the perfect portfolio boosters.
1. Snorter Token ($SNORT) – The Next Crypto to 1000x, Powering the Snorter Bot
$SNORT is a new cryptocurrency that powers the Snorter Bot, a powerful trading bot built into Telegram, allowing users to snipe liquidity in new meme coins on Solana (support for other blockchains coming soon).
All you have to do is give Snorter Bot a token-launch address. Then, it will automatically set up a buy order, meaning you’ll be able to buy new meme coins as soon as liquidity appears.
In other words, Snorter will allow you to get in when the prices are at their lowest, i.e., before the tokens pump.
Snorter is also incredibly secure. It runs all trades through MEV-resistant relayers, protecting you against front-running and sandwich attacks, as well as rug pulls, honeypots, and scams.
Although Snorter Bot offers a very competitive 1.5% trading fee, you can bring this down to an industry-best 0.85% by becoming a $SNORT holder.
Speaking of buying $SNORT, each token is currently available for just $0.0959, and the project has, in total, raised over $1.2M in early investor funding.
2. Bitcoin Hyper ($HYPER) – Bitcoin Layer 2 for Fast & Low-Cost Transactions
Bitcoin Hyper ($HYPER) is another utility token that has the potential to become the next crypto to explode.
According to our research-backed $HYPER price prediction, the token can surge 12,400% and hit $1.25 by 2030.
Such brain-melting numbers are a direct reflection of Bitcoin Hyper’s mission. It aims to introduce low-cost, fast transactions and smart contract capabilities to the Bitcoin ecosystem.
Although Bitcoin is a force to reckon with as a store of value, it’s nowhere near as popular as Ethereum or Solana when it comes to dApps.
$HYPER will build a Bitcoin Layer 2 that will combine Bitcoin’s security with Solana’s scalability, low transaction fees, and programmability.
Using a Canonical Bridge, $HYPER users will be able to convert their original $BTC into wrapped $BTC, which can then be used to interact with dApps, trade on decentralized exchanges, and earn staking yields across the Bitcoin L2 ecosystem.
Once you’re done, raise a withdrawal request on Bitcoin Hyper’s Layer 2. It will verify the transaction and release your corresponding $BTC back to your Bitcoin address on Layer 1.
Note that Bitcoin Hyper is currently in presale (more than $1.5M raised), which is why it’s available for a low price of $0.012. For more information, check out our detailed Bitcoin Hyper buying guide.
3. Useless Coin ($USELESS) – Viral New Meme Crypto with 1000x Potential
Useless Coin ($USELESS) is the internet’s perfect revenge on utility-backed altcoins and the best meme coins.
It’s built to promote ‘nothingness,’ as if to convey that there’s beauty in being a token of no use except, well, satire and humor.
$USELESS doesn’t come with any governance mechanics or staking, with liquidity fees being the only way it ever generates any revenue.
Thanks to strong community backing, $USELESS has emerged as one of the top trending cryptos, having gained around 24% since its launch just over a week ago.
One $USELESS token is currently priced at $0.1015, but given its amusing take on the modern meme coin scene and strong community hype (trading volumes are up 44% in the last 24 hours), you can expect it to hit triple-digit gains in the next few weeks.
Final Thoughts
With the US expected to adopt a controlled, proactive approach to cutting interest rates, which could begin as early as July, Wall Street could take it as a green light to increase investments across all risk markets, including crypto and the best altcoins.
If you’re looking for explode-worthy cryptos, have a look at utility tokens like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER).
However, make sure you do your own research before investing. None of the above is financial advice, and there are no promises in crypto thanks to the market’s uncertainty.
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