Markets were hungry for a 50 basis point cut, and the Fed delivered. This is the first rate cut in four years, and this FOMC result is a boon for risky assets. Make no mistake. The Fed has launched the gun into a new era of easy money, and things are going to get ridiculous over the next 12 months.
The signal was strong and clear. Investors are turning to risk, and small caps like Bitcoin Dogs are exploding. Now is the time to take risks. The path is clear, and things are finally getting exciting again.
September 2024 FOMC Result: Powell Cuts 50 Basis Points
The Fed cut the Fed Funds rate by 50 basis points in September, an aggressive start to the first tapering cycle in four years. After a long period of restrictive policy, the Fed changed its mandate from controlling inflation to supporting the labor market. The preamble calls for further cuts to the BBR in 2024, 100 BPS in 2025, and another 50 BPS in 2026.
Anyone who owns risk assets has every reason to be excited. Low interest rates are the genesis of all speculative frenzy, and crypto is likely to be the asset class that benefits most from easing economic conditions.
Risky Assets and Interest Rates
The FOMC result is big news because of its huge macro implications. A lower Federal Funds rate lowers borrowing costs. This allows companies to invest in growth and encourages speculation in stock prices based on higher expected future earnings. Liquidity begins to flood the system, and lower Treasury yields force that capital into stocks and riskier assets.
Stocks and cryptocurrencies trade inversely to the dollar, and falling rates always cause the currency to depreciate. A weaker dollar means more investment in stocks and crypto, and a new era of easy money is dawning. These are ideal conditions for mass gatherings. Don’t be underexposed.
Why Bitcoin Dogs Are Exploding
Bitcoin Dogs is the big winner in this new macro paradigm. Interest in this project has skyrocketed, and for good reason. 0DOG is a BRC-20 token and the first ICO issued in Bitcoin. It has fought its way to the top to become the top BTC meme coin and is a high beta trade that is loosely correlated to Bitcoin’s price action.
Lower interest rates mean that billions of dollars of capital will struggle to chase higher returns, and smart investors are positioning themselves for this massive wave of capital. Liquidity will flow into Bitcoin first, and then into its ecosystem. Buying 0DOG today will help you get through this step.
Bitcoin Dogs has it all. A collection of NFT Ordinals, a game that will win Telegram’s shipping later this quarter, and is the number one meme coin in the BRC-20 ecosystem. An obvious target for speculation when the craze starts again!
Can 0DOG 100X by 2025?
The FOMC result completely changed the macro environment. Now is the time for investors to look for cheap meme coins and altcoins. Bitcoin Dogs is a natural competitor. While many investors missed the chance to buy BTC in early 2013 and 2017, they still have the opportunity to participate in the network’s first ICO.
Interest rate cuts and an election cycle have always fueled risky assets, and now the party has begun. Bitcoin Dogs will be at the center of the wild speculative froth that will soon descend on the markets, and a trade that is 100 times higher than its current valuation is incredibly credible. Don't miss this chance to join in before it gets crazy!
