Meme Coins Surge as Fed Delivers Jumbo Rate Cut: Neiro, Billy, and Baby Doge Lead the Rally

In a surprising move, the Federal Open Market Committee (FOMC) slashed interest rates by 0.50%, sending shockwaves through the financial and crypto markets. Meme coins such as Neiro (NEIRO), Billy (BILLY), and Baby Doge Coin (BABYDOGE) saw significant gains, with Neiro soaring over 120% to a record high of $0.00084.

Meanwhile, Bitcoin and Ethereum also experienced rallies, bringing the crypto market back into the spotlight. U.S. stocks followed suit, with major indices like the Nasdaq 100 and S&P 500 approaching all-time highs. As inflation cools and unemployment remains a concern, all eyes are on the next moves from central banks like the Bank of Japan (BoJ) and how they could influence global markets.

Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making investment decisions.

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