The post Expected Fed Cut Will Boost Avalanche And Dogecoin Price, But The Best Benefit Will Be For Rollblock appeared on BitcoinEthereumNews.com.

The Federal Reserve could soon cut interest rates in a move to curb inflation. According to Chair Jerome Powell, the Federal Reserve is on track to cut its key interest rates in the coming months. This rate cut aligns perfectly with the crypto bull run as it could see assets such as Avalanche and Dogecoin register meteoric upticks. Dogecoin’s price has already been up over 168% in the last month, and Avalanche is set to flip its previous ATH, which has had a 102% uptick in the last 30 days. However, with tons of liquidity flowing into the market during this crypto rally, Rollblock is bound to gain the most, given that its RBLK token is still in its presale. RBLK has already surged over 270% since the start of its presale, and Rollblock’s focus on the GambleFi niche has seen experts forecast a potential crypto rally on launch. Dogecoin’s price surged over 150% as holders eye $1 As the crypto rally prepares for its next uptick, with Bitcoin’s price now settling around the $96,000 region, Dogecoin’s price has also found support around the $0.40 zone. Analysts forecast incoming market corrections for Dogecoin’s price; however, bullish sentiment is only increasing. Just recently, DOGE holders had a significant breakthrough, with DOGE getting its first exchange-traded product listing on the stock market. This level of recognition solidifies DOGE’s position as the top meme coin. Avalanche (AVAX) on track to surpass previous ATH in this crypto rally Avalanche (AVAX) is also on the rise in this crypto rally, with its price surging an impressive 102% in the last 30 days. Avalanche’s AVAX, which is built on a general-purpose blockchain, could easily surge 3x from its current price of under $50. AVAX price also recently had a boost upward after news broke out that…

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Filed under: News - @ December 5, 2024 2:11 am