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Memecoins Jump 8% as US Inflation Falls

Memecoins Jump 8% as US Inflation Falls


CoinGape
2024-05-16 01:42:17

Memecoins are surging with intra-day trading sparking a rally in several assets as the United States inflation falls. The Consumer Price Index data which saw monthly inflation figures drop to 0.3% has occasioned a boost in crypto prices. This means that core inflation is down to 2021 levels signalling potential interest rate cuts. The stock The post Memecoins Jump 8% as US Inflation Falls appeared first on CoinGape .


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