Best Crypto to Buy Now as Bitcoin Price Rallies on Fed Rate Cut

Finally, what people have been anticipating since the beginning of this year has happened. The Federal Reserve has cut the key interest rate, making it clear what the best crypto to buy now could be. Bitcoin could easily be a top pick right now, as community sentiment has strengthened quickly following the rate cut announcement.

The apex crypto is trading above the $117.3K mark at the time of writing, and many high-cap meme coins have followed suit, grabbing the spot as top gainers. However, those looking for a suitable investment opportunity are also focusing on crypto ICOs to gain the early-mover advantage.

Key Interest Rate Down by 0.25%: The First of This Year

Yesterday, the Federal Reserve took the decision to slash the Fed rate by 0.25%, the first of this year. The decision will likely have a strong impact on investments and affect everything from mortgage rates to pensions, according to the BBC.

While most in the financial markets were receptive to this decision, many dissenters also emerged. One of them is Stephen Miran, who wanted a bigger rate cut than the quarter-point move.

Furthermore, according to New York business reporter Danielle Kye, the cost of housing is a key concern for many Americans, and the rate cut will not have an impact. The same sentiments were also echoed by Jerome Powell, the Fed chair who announced the cut, stating, “I thought a quarter point won’t make a huge difference to the economy.”

Impact of the Cut on the Cryptocurrency Market

The announcement’s impact on the cryptocurrency market was not immediate. Bitcoin, however, spiked to $117K before consolidating.

The same has happened with other high-cap picks, whose prices have risen only to a modest degree. Ethereum, for instance, has surged by 2.75% and is now trading above $4.6K. In the case of XRP, the price action has also spiked modestly, with the DeFi crypto currently trading above the $3.1 mark.

These moves are not surprising, and analysts state that the price action was already baked in. The comments come from Bitwise’s senior investment strategist, who, in an interview with a popular crypto publication, said, “It does seem to be pretty priced in, [a cut] has been digested by the markets. Where it gets interesting is what Powell says afterward; that’s where you’ll see crypto markets flatten out or rally.”

That being said, the recent cut could be a prelude to more cuts later this year, which could give the cryptocurrency market additional momentum. One key point to keep in mind, however, is that inflation is still a concern. The weakening of job data could lead the Fed to reverse course.

The meme coin market, however, seems to have seen the most gains following the cut. Memecore, Pudgy Penguins, and SPX6900 have been the top gainers of the day.

The Memecore price has gone up by 15%, followed by Pudgy Penguins, which have seen a 13% jump. In the case of SPX6900, the price increase has been 11.32%. With the three top gainers of the day being meme coins, one may wonder whether the best crypto to buy now could be among the meme assets.

Best Crypto to Buy Now

It is clear from the recent price charts that while Bitcoin has gone through a modest jump, it is the meme niche that has seen the most gains. Therefore, investors looking for the best crypto picks should consider diving into top meme coin offerings available through ICOs.

Bitcoin Hyper

The Federal Reserve’s recent 25bps rate cut managed to push Bitcoin slightly higher, with prices rising just above $117K. However, the move had only a minor impact on BTC itself, while meme coins absorbed most of the bullish energy. This is why Bitcoin Hyper (HYPER) has become an appealing pick for investors seeking explosive growth.

Unlike Bitcoin, which often struggles with its lack of utility, Bitcoin Hyper introduces a robust ecosystem of use cases. It enables payments, meme coin integrations, and decentralized applications (dApps), positioning itself as a true Bitcoin Layer 2 solution. On the technology side, its canonical bridge and scalable infrastructure aim to provide seamless compatibility with Bitcoin while opening the door for broader adoption.

Beyond its tech, Bitcoin Hyper also carries meme-driven aesthetics that give it viral potential across crypto communities. This unique mix of short-term memetic virality and long-term utility makes it stand out among emerging projects.

The project has already raised over $16.5 million during its presale, and analysts suggest it could have 10x potential as it continues to attract both retail and institutional attention.

Pepenode

Bitcoin’s recent minor growth has reminded many that it remains a high cap pick largely driven by speculation, with little innovation backing its rise. In contrast, Pepenode is emerging as a meme coin with immense potential, blending humor with tangible utility.

At its core, Pepenode introduces a Mine to Earn ecosystem that gamifies the concept of cryptocurrency mining. Instead of expensive rigs and complex setups, users can participate through virtual mining nodes, creating and upgrading rigs within a simplified and engaging environment. This approach lowers the barrier to entry while keeping the experience fun and interactive.

Its imagery builds on the iconic Pepe theme, but with a twist, casting Pepe as a diligent miner in search of digital wealth. This balance of utility and meme appeal makes Pepenode unique, as it can attract both those seeking meaningful utility and those chasing the next viral meme token.

The project has already raised over $1.2 million in its presale, signaling strong interest from early investors who see the dual-front potential of Pepenode.

Snorter

Snorter has quickly carved a different niche in the meme coin space, thanks to its novel imagery and strong positioning in the Solana ecosystem. Its uniqueness has already attracted major attention, with the project raising close to $4 million during its presale.

The imagery sets Snorter apart, leaning on the quirky appeal of an aardvark as its mascot, a refreshing shift from the overused dog and frog themes that dominate the meme coin market. This distinct branding gives Snorter instant recognition and viral potential.

Beyond visuals, Snorter delivers real utility-driven features. Its ecosystem includes fast swaps, honeypot and rug-pull protection, automated sniping, social trading, and limit orders. On top of that, it offers the cheapest fees on Solana at just 0.85%, making it a competitive choice for traders. Accessibility is also a core strength, with Snorter running actively on Telegram, ensuring ease of use for its community.

The timing of Snorter’s rise is also key. With the recent Fed rate cut fueling meme coin activity, several Solana-based meme tokens could erupt. Snorter makes itself stand out as the tool that helps investors find these opportunities first. Its automated sniper functionality ensures traders can capture maximum profits by identifying and entering high-potential meme coin plays early.

Maxi Doge

The recent Fed rate cut has reignited meme coin momentum, but the top gainers have not been the established meme coins like Dogecoin or Pepe. Instead, mid-cap meme tokens have been showing the most growth, creating a strong case for investors to look toward alternative projects with familiar aesthetics but fresh narratives. One such project is Maxi Doge.

Maxi Doge blends the recognizable Doge theme with a new cultural spin. Its imagery embraces physical fitness and buff aesthetics, portraying Doge as a symbol of strength and resilience. This visual identity resonates with today’s GenZ culture, adding viral potential to its appeal.

Beyond looks, Maxi Doge aims to stand out with its leverage trading vision, offering users the chance to access margin trading with up to 1000x leverage once live. This approach makes it particularly attractive to degens who thrive on high-risk, high-reward strategies.

Coupled with its playful GenZ lingo and trend-driven community engagement, Maxi Doge positions itself as both a cultural token and a speculative asset. The project has already raised over $2.2 million, signaling significant investor confidence.

Conclusion

The Fed rate cut is one of many actions that have left a mark on the current market. However, as can be seen, the impact has only been momentary. Therefore, those seeking the best crypto to buy now should also consider factors beyond political triggers. Some of the best options could be found among ICOs like the ones listed in this article.

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