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The FED changing its mandate to support the labor market is what markets have been waiting for. Lower rates reduce borrowing costs, encourage speculation, and increase the system’s liquidity.
Powell gave his Jackson Hole speech, and markets worldwide noted the change in tone. He could not have been more dovish. Powell stated that the ‘Time has come for policy to adjust’ and that the FED will now focus on the other part of its mandate – employment.
This is coded FED ‘speak’ for one thing only: rate cuts are to be expected in September. The FED plans to ease credit conditions and help support a robust labor market. Markets are licking their lips in anticipation because rate cuts are rocket fuel for risk assets. With global liquidity about to tick up and falling treasury bill yield about to push billions of dollars into equity markets, the time has come to turbo-bid on meme coins.
Here are the top meme coins to buy now before Powell cuts rates in September.
Poodlana: Solana’s classiest meme coin
Poodlana is leagues ahead of its competition and is the “Hermès of Crypto”. While most meme coins have opted for an old meme or a crude depiction of an animal, Poodlana has gone in for class, glamour, and luxury. Poodles are super popular in some Asian countries, and meme coin trends often kick off in countries like Japan and South Korea. With thousands of new tokens launching daily, the leading characteristic for success has become individuality. A token that distinguishes itself thrives; here, POODL provides a masterclass.
This up-market poodle lets anyone invest in glamour and has been running laps around the new pump.fun launches. After a bumper $8 million presale, POODL launched almost immediately on Raydium, followed by a listing on MEXC and BingX. This high-end pup has gone from strength to strength and is easily one of the top meme coins to buy now, before the mania phase begins.
Standing out amongst the crowd has been Poodlana’s greatest success, and with a dramatic wealth effect set to occur as majors rise, betting on high-end fashion and luxury in crypto is a winning play.
Popcat: This Cycle’s Top Cat
Popcat has been one of this cycle’s true success stories. Holders have endured numerous 70% drawdowns, and its relative strength is a cut above the rest. While majors have puked, POPCAT has stayed strong and consistently been one of the fastest recoverers this year.
Briefly trading above $1 billion in July, analysts forecast that the next time POPCAT flips the $1 level, it will transition from resistance into support. The Popcat thesis remains incredibly simple: the cat pops. Simplicity works, and alongside Poodlana, Popcat is another of the best meme coins to hold this cycle.
Dogwifhat: Ready to Flip SHIB?
Dogwifhat was the real catalyst for the entire Solana-native meme coin craze. While Bonk may have started this movement, WIF solidified it and unlocked the ability to dream bigger for meme coins this cycle.
By all rights, WIF remains the king meme coin of this cycle, and while its larger market cap will not allow the same price action POODL holders will enjoy, it deserves it has fully earned its spot on this list. The big question is, can dogwifhat flip Shiba Inu this cycle?
Why Poodlana Is the Best Bet
The FED changing its mandate to support the labor market is what markets have been waiting for. Lower rates reduce borrowing costs, encourage speculation, and increase the system’s liquidity. The number one factor driving wild crypto valuations. Soon, all the money parked in treasuries will have to find a new home, and yield-chasing drives speculation like nothing else.
Congratulations to everybody who survived the chop of this market because the fun part is about to begin. With rate cuts coming and everything about to start moving up vertically, the secret is holding low-cap gems. Poodlana will outperform even among the top meme coins to buy now because of its market cap and unique branding. All POODL owners should hold on tight. Things are about to get exciting.
For more details, visit the Poodlana website.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.