The crypto market has turned bullish this week, spurred by the Federal Reserve's recent interest rate cuts. Investors are optimistic about a prospective bull run, leading to increased demand for altcoins and meme tokens.
Market participants are particularly enthusiastic about the chance of substantial gains, evidenced by the surge in the prices of meme coins such as Memebet and other initial coin offerings (ICOs).
This newfound optimism has resulted in a positive market flip, bringing relief to traders who have been waiting for favorable conditions.
