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🚨 MAJOR #STEPNGO UPDATE: Uncommon Sneakers & Mystery Boxes are HERE!

Let’s break down the exciting new features you’ve been waiting for 👇
👟 Uncommon Sneakers are LIVE
🎁 Get Mystery Boxes when using Uncommon Sneakers
🪨 Raw Stones drop from MBs
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A thread you don’t want to miss 🧵

NOW: President Trump said “interest rates will drop immediately.”

Chairman Powell: “I am not going to have any response or comment whatsoever on what the President said. It’s not appropriate for me to do so.”$SHIB $BONK $FLOKI #altcoins

It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this week?

Bitcoin (BTC), he largest cryptocurrency, was trading at $102,300 on Dec. 19, while Ethereum (ETH) dropped to $3,600. Some of the top laggards were coins like Cosmis, Floki, THORChain, Curve DAO Token, and Fantom.

Crypto crashed because of the Fed decision

The most important reason why the crypto crash happened is the Federal Reserve decision. The bank decided to cut interest rates by 0.25% as was widely expected. That cut brought the cumulative cuts this year to 1%.

However, the Fed signaled that it would only implement two additional cuts in 2025, citing its focus on controlling inflation. Officials expect inflation to remain persistently high, reaching the 2% target only in 2026 or 2027.

The hawkish tone from the Fed led to declines in cryptocurrencies and other risk assets. U.S. equity markets plunged, with the Dow Jones and Nasdaq 100 indices falling over 2%. U.S. Treasury yields surged to multi-month highs, with the 10-year yield rising to 4.557% and the 30-year yield climbing to 4.7%. Meanwhile, the U.S. dollar index soared to a two-year high.

You might also like: Bitcoin price may see a harsh reversal after Fed decision

Mean reversion and distribution

Crypto is also down because of profit-taking, panic, mean reversion, and the Wyckoff Method distribution.

Historically, crypto investors take profits when Bitcoin and other tokens rally too much. This profit-taking can be explained in terms of mean reversion and the Wyckoff Method.

Mean reversion is a situation where an asset in an uptrend falls so that it can move close to its historical averages. For example, as shown below, Solana remains about 20% above the 200-day moving average. As such, it may drop to get closer to that level.

Solana price chart | Source: crypto.news

The Wyckoff Method identifies key phases in an asset’s lifecycle: accumulation, markup, distribution, and markdown. The recent crypto surge was part of the markup phase, while the ongoing decline could signify either a distribution phase or the start of markdown.

You might also like: Here’s how the crypto market reacted to the Fed’s 0.25% cut

Will crypto prices bounce back?

Cryptocurrency prices often mirror Bitcoin’s movements. As previously noted, Bitcoin’s cup-and-handle pattern indicates the potential for a rally to $122,000 in the near term. If this happens, it could trigger a recovery across altcoins as investors capitalize on the dip.

However, the immediate aftermath of a dip may lead to a “dead cat bounce,” where an asset experiencing a significant decline temporarily recovers before resuming its downtrend.

Every memecoin trader has encountered scam tokens—myself included. Whether you’re a seasoned investor or just starting out, you’ve likely experienced the devastation of a rug pull or a honeypot. But there’s hope. This guide will help you avoid the traps that plague the memecoin market.
✅ Before We Dive In:
👉 Like and share this post to ensure more people learn how to change their lives. Your support means the world to me.
How Scammers Operate
Scammers often use bots and shady services to artificially inflate a token’s trading volume and holder count. This illusion of legitimacy creates FOMO, making unsuspecting traders rush into bad investments. Tools like @Dexscreener are great for analyzing tokens, but they only scratch the surface.
Key Tools to Identify Scams
1. @gmgnai: Dive deep with Smart Trader data, wallet tracking, and sniper activity insights. Look for sniper bot involvement, which is a common sign of foul play.
2. @InsightXnetwork: This tool’s advanced bubble maps help you analyze holder interactions and spot suspicious activity early. A simple contract address (CA) check can reveal red flags.
3. @Rugcheckxyz & @solanasniffer: Use these tools to assess a token’s security rating. Watch for unlocked liquidity, minting authority, and honeypot mechanisms. A low score is a clear sign to steer clear.
Shocking Truth About Fake Activity
It’s alarmingly easy for scammers to buy trading volume and fake holders. While some may argue these tactics are for legitimate promotion, the risks outweigh the benefits. Always cross-check with tools like @InsightXnetwork or @Rugcheckxyz to ensure authenticity.
Advanced Advice for Safety
 > Avoid relying solely on surface metrics like volume or holder stats—they’re easily manipulated.
> Dive into the project’s fundamentals: evaluate the team, inspect smart contracts, and verify their roadmap.
> Prioritize projects with locked liquidity and transparent development.
Boosting Your Trades with Sniping Bots
When trading on SOL, timing is everything. Many traders rely on sniping bots for instant execution. Currently, one of the most reliable bots for quick trades and insider strategies is making waves in the community due to its speed and effectiveness.

Note: We aren't Affiliated with any of these tools these are only for educational and information purposes. Do your own Research.

The Untold Truth About Memecoins: How I Turned 0.5 SOL Into 375 SOL in One Week 💰🚀
Let’s face it—98% of memecoins are scams. The odds of striking gold without a solid plan? Zero. Zilch. Nada. But what if I told you I’ve cracked the code? After years of trial and error, I turned 0.5 SOL into 375 SOL in just a week.

Here's the full breakdown of my strategy, struggles, and ultimate success. 🧵👇
Why Memecoins Are Still Booming 🐕💎
Despite the noise, memecoins are thriving. Think everyone’s already in? Wrong. The potential is still huge. Most traders aren’t even paying attention yet, leaving plenty of opportunities for savvy players like us.
However, before you dive in, you need to know about the pitfalls:
Cabal launchesRug pullsHeavily bundled launches
Statistics show 98% of "Pump Fun" coins don’t even make it to Raydium. So how do you break into the lucrative 2%?
The Winning Strategy 🔑
I’ve tested 100+ strategies over months to perfect this approach. Now, I can spot winning memecoins like #CHILLGUY, $QUANT, $CHAOS, and $PNUT early.
Follow this guide to boost your win rate up to 80%.
Step 1: Spot the Narrative 🔍
Misreading the narrative is the fastest way to lose money. Focus on coins that match the current meta.
Hot topics now? AI + TikTok 🔥
Step 2: DEX Research 🧪

Go to Dexscreener and filter out trash coins.
Sort tokens by volume.Identify the hottest trading pairs.
Step 3: On-Chain Metrics 📊

Head to gmgn.ai and analyze the token. Look for:
Top 10 Holders < 25%Involvement of KOLs, VCs, and smart investorsThe BlueChip index and snipers tab
Step 4: Master @bubblemaps 🌀

This tool visualizes token distribution and wallet clusters.
Go to BubbleMapsPaste the Contract Address (CA).Check for suspicious wallet activity.
Step 5: Token Safety Check 🛡️

Always scan the contract to avoid scams. Use RugCheck to ensure it’s marked "Good".
Step 6: Cultish Communities 🧑‍🤝‍🧑🔥
What sets a 100x token apart? A dedicated, meme-loving community. Check:
High engagement on social media.Backing by big influencers.Memes that are popular and easily shareable.
For deeper analysis, try Tweet Scout

Step 7: Insider Tracking 👀
Insiders have an edge—they know pumps before they happen. While hard to find, a good insider can give you a massive advantage.
Common Struggles (And How to Overcome Them) 💡
FOMO (Fear of Missing Out): Patience is key.Overanalyzing: Use the tools and trust the data.Cashing Out Too Early: Have a plan and stick to it.
Quick Reference Table 📝

MY Final Thoughts ✨
Turning a small investment into life-changing profits is possible, but only with a clear strategy and the right tools. Avoid the scams, focus on the data, and keep your eyes on the prize. Remember, the memecoin game is wild, but with this roadmap, you’re equipped to crush it.
Disclaimer: This is not financial advice. DYOR (Do Your Own Research) before investing in crypto markets.
For more insights, follow me on 👉 @Crypto PM
Let’s win together! 🚀

#BTCBreaks100K? #SOLHitsATH #MemeWatch2024 #cryptopm