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Joel Frank
Author
Joel Frank
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As the stars align for a major October bull run, traders are looking for the best meme coins to buy, which might offer them quick, easy gains.
The Fed kicked off a new monetary policy easing cycle on Wednesday, axing interest rates by 50 bps to 4.75-5.0% for the first time since 2020.
However, the Fed emphasized to investors that the US economy remains strong and that its rate cuts don’t necessarily constitute monetary policy easing but rather a retreat from a tight policy stance.
That’s potentially the perfect scenario for risk assets – a combination of continued economic growth and easing financial conditions.
And that could lead to investors looking towards riskier asset markets, such as major cryptos.
As such, the stars appear to be aligning for an October bull run, historically one of the best months of the year for major cryptocurrencies like Bitcoin (BTC).
Indeed, Bitcoin could lead an October market surge, potentially hitting new record highs above $74,000.
New all-time highs for major cryptos could spark a new meme coin season.
That’s why investors are trying to get ahead and pick the best meme coin to buy right now, ahead of a potential market pump.
Here are some of the best meme coins that could pump during an October bull run.
Best Meme Coins to Buy Ahead of October Bull Run
Popcat (POPCAT)
The new cat-themed Solana meme coin Popcat (POPCAT) is leading the market higher in the wake of the Fed’s latest cut.
According to CoinMarketCap, Popcat is up 30% in the past 24 hours and has been trading above $0.90.
Popcat is probing for a test of its July record highs.
A break above here could trigger a new surge, with Popcat potentially set to become the next $1 billion meme coin.
It could be one of the best-performing meme coins in the months ahead, potentially gaining 5-10x.
Undoubtedly, it ranks as one of the best meme coins for those anticipating an October surge.
Pepe Unchained (PEPU)
Ethereum layer-2 meme coin trading blockchain Pepe Unchained (PEPU) has been making waves in web3 circles in recent months.
To fund the development of its exciting blockchain, Pepe Unchained has been conducting a presale of its native PEPU token.
The presale has been a major success, attracting nearly $14 million in early investment.
That’s no surprise, given that dozens of widely followed crypto experts and influencers are raving about the project’s potential.
ClayBro, Oscar Ramos, Clinix Crypto, Crypto Gains, and Jacob Crypto Bury have all suggested the coin has huge potential.
According to the project’s staking dashboard, investors who participate in the presale now can benefit from an impressive APY of 149%.
Meme Bets (MEMEBET)
Another candidate for the best meme coin to buy ahead of a possible October bull run could be Meme Bets (MEMEBET).
Meme Bets isn’t just a meme coin—it’s the token that powers an exciting new crypto casino tailored to meme coin degens.
Meme Bets features a no-KYC Telegram-based casino, crypto casino games, and a sportsbook.
The up-and-coming crypto casino also boasts one of web3’s most exciting airdrops.
70% of the MEMEBET supply is available during the presale, but 20% has been set aside to reward casino users and community members, per the project’s White Paper.
GambleFi is one of crypto’s fastest-growing subsectors, and Meme Bet might be the best meme coin to buy in the coming weeks as its presale gains traction.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
