Receive big news
The most important news for cryptocurrency investing will occur today at 2 PM when the FOMC announces its policy decision on interest rates.
Not only Bitcoin but all major markets have fallen over the past month and their future trajectory will be largely determined by the outcome of this meeting, which takes place today.
Although we believe the market has set the price. ‘There is no possibility of change’ When it comes to interest rates, changes in interest rates can have a significant impact either up or down, with an increase in interest rates being bearish and a decrease in interest rates being bullish.
Given the decline seen in the markets over the past month, one might assume that the FOMC’s logical approach would be to lower interest rates, but we won’t know until the policy is officially announced.
Why I Buy Bitcoin
Today’s news provides cryptocurrency investors with an opportunity to deal with the volatility that these types of news events can cause.
Looking at Bitcoin’s price performance, it has increased by more than 100% from $28,000 last year to currently around $56,900.
Although the price of Bitcoin has fallen significantly from its all-time highs in the last month, the current price offers a good buying opportunity (January 2024 price).
We can expect the Bitcoin price to recover quickly following today’s FOMC news, or the price may fall further if the news is bearish.
Longer term, we expect the price of Bitcoin to recover, with Bitcoin (and many altcoins) hitting all-time highs in the second half of this year.
Join us – as we move into the preparation phase.
It’s official – The Bitcoin halving occurred, dropping the price of Bitcoin back to $56,900, but we are now officially in the preparation phase for this once-in-four-year opportunity.
If you want to know what we’re buying, please join us through our monthly shares. Altcoin Recommendation Looking forward to the upcoming Bull Run – Become a member to access.
Richard.
Top 100 Popular Altcoins
It’s an absolute sea of red this week…except for the helium!
Today’s Crypto Fear and Greed Index
Today’s Cryptocurrency Fear and Greed Index = neutral –> Reduced to 54 (from 66 last week).
Bitcoin and Ethereum price changes
Bitcoin Diminish 11.9% Here are the prices it is currently trading at last week: $56,945. Over the past 90 days, Bitcoin has declined as follows: 7.3%.
Ethereum Diminish 15% Here are the prices it is currently trading at last week: $2,881. Over the past 90 days, Ethereum has declined as follows: 15%.
Global cryptocurrency market capitalization increased to $2.14T (from $2.42T last week).
Top 100 Gainers – Last 7 Days
The biggest gainers over the past 7 days (in the top 100) are:
Helium (HNT) +33.6% – 98th
Helium (HNT) A decentralized blockchain network designed to support wireless communication for Internet of Things (IoT) devices. It uses a unique “proof of range” consensus mechanism to verify the authenticity and location of nodes, called hotspots, that facilitate data transfer. Hotspot owners earn HNT, the network’s native cryptocurrency, by providing network coverage and data transmission services. Launched in 2019, Helium aims to support widespread IoT deployments, creating an efficient and cost-effective alternative to traditional cellular networks.
PEPE +18.8% – 37th
Pepper (PEPPER) It is a meme cryptocurrency associated with the Pepe the Frog internet meme. Launched in April 2023, it operates as an ERC-20 token on the Ethereum blockchain and uses a deflationary model. The coin features a redistribution system that rewards holders a portion of transaction fees and utilizes a burn mechanism to reduce the total supply. PEPE rose to prominence in the meme coin category with rapid market cap growth and strong community support, quickly gaining a significant following. Despite its meme-based nature, PEPE remains part of a broader trend in which internet culture is having a significant impact on cryptocurrency value and adoption.
BONK +17.8% – 59th
BONK A meme coin launched on the Solana blockchain, it stands out as the first dog-themed cryptocurrency in the ecosystem. It attracted attention through an initial airdrop, and its value soared through strategic token burning and listing on major exchanges such as Coinbase and Binance. Bonk promotes a community-driven, equitable approach with the goal of distancing itself from the “toxic” tokenomics seen in some venture-backed cryptocurrency projects. Bonk strengthens its utility and presence by integrating more than 350 projects across various sectors within Solana. However, Bonk’s anonymous creators and the volatility of meme coins add to the risk.
Hedera (HBAR) + 15% – 27th
Ivy (HBAR) It is a public network that utilizes the Hashgraph consensus mechanism and provides faster transaction speeds and greater security compared to existing blockchain systems. HBAR, the native cryptocurrency, is used to power applications, secure the network, and handle transaction fees. Hedera is maintained by a council of leading organizations and is distinguished by strong governance that ensures stable and decentralized network management. Aiming to serve as a cost-effective, high-throughput platform for a variety of industries, it supports a variety of applications including decentralized finance (DeFi), secure messaging, and enterprise solutions.
Biggest microcap gain in the last 30 days
We review and analyze small and micro market cap cryptocurrencies every week to find out: low cap jewelry. This provides the best performance (quality). microcap project In the past 30 days:
Highest performing quality micro cap (last 30 days)
meme coin
We hate meme coins and hate to love them. These projects are frowned upon by most serious investors because they have no intrinsic value. However, meme coins More Crypto Millionaires More than any other sector of the cryptocurrency market.
if you are looking for Next +100x AltcoinIt has the potential to become a meme coin.
Meme Coins with the Best Performance
Like most of the cryptocurrency market, Meme Coin overall has fallen over the past week. However, we can still see some of the incredible gains that some of these tokens have brought. The biggest rise in meme coins over the past 30 days is…..Andy ETH (Andy) +19,932% (30 days).
What is the next 100x Meme Coin?
The next 100x meme coin won’t be a project you’ll hear about on Twitter, TikTok, or Facebook. If it is already trending on social media, it is likely too late because the buying opportunity for a 100x increase has passed. Here’s how to find your next 100x meme coin.
🐸 What is the next 100x Meme Coin?
Find your next 100x Meme Coin: Strategy Guide.
Monthly Altcoin Selection
We will be releasing our May Altcoin Picks within the next week (depending on market conditions). To access this and future monthly Altcoin recommendations, consider: become a member – It only costs the cost of a few cups of coffee a month.
Altcoin recommendations are emailed to members as soon as they are posted. Wondering how to choose your monthly Altcoin picks? methodology we use.
Altcoin Recommendations for Previous Months You can find it here.
We express our gratitude and respect to all members!
Until next report,
Richard.