5 Cryptos You Should Dump Before the FOMC Meeting – You Won’t Believe #3!

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Ah, the crypto market! A veritable circus of digital coins, where the only thing more volatile than the prices is the mood of the traders. As we eagerly await next week’s FOMC meeting, the air is thick with anticipation—much like a poorly made soufflé. With the CPI data revealing that inflation has taken a delightful tumble to 2.8%, traders are now perched on the edge of their seats, waiting for the Fed committee members to drop hints about interest rates. Will they raise them? Will they lower them? Or will they simply decide to play a game of charades? 🎭

Top 5 Crypto to Sell Ahead of Next Week’s FOMC Meeting

According to a staggering 97% of investors—who, let’s be honest, probably just flipped a coin—there’s a strong belief that the Federal Reserve will keep interest rates as they are during the March 19 meeting. Meanwhile, the CME FedWatchTool suggests that rates won’t budge until June 2025. Talk about a long wait! 🕰️

Last week, the ever-eloquent Federal Reserve Chair Jerome Powell warned that if inflation doesn’t make a beeline for the Fed’s 2% target, we might be stuck with monetary tightening for a while longer. Thanks, Trump administration trade policies! Just what we needed! 🙄

As the Fed’s decision looms, the crypto market is bracing for a potential rollercoaster ride. With whispers of a recession in the air, investors are flocking to safer havens like gold, leaving our beloved crypto assets looking a tad vulnerable. So, which five cryptos should you consider tossing overboard before the FOMC meeting? Let’s dive in!

Solana (SOL)

First up, we have Solana, which is about as stable as a three-legged chair. After Alameda unstaked nearly $23 million worth of Solana, traders are sweating bullets over a possible sell-off. If that doesn’t scream “dump me,” I don’t know what does! 💸

With SOL’s price teetering on the edge of a 35% decline—thanks to a staggering drop in DEX volumes—this token is looking more like a sinking ship than a buoyant vessel. Popular analyst Gert Van Lagen has even suggested that SOL might be in for a crash of epic proportions. If the Fed keeps rates high and the US economy nosedives, SOL could be in for a wild ride. 🚢

Dogecoin (DOGE)

Next on our list is the ever-quirky Dogecoin. Meme coins are notorious for their dramatic price drops during market panic, and DOGE is no exception. Despite a potential boost from the Bitwise ETF filing, it’s currently under the weight of bearish pressure, like a dog in a hot car. 🐶

With the RSI oversold and the MACD indicator waving a big red flag, we might see DOGE tumble to the Fibonacci levels of $0.13 and $0.02. It’s like watching a slow-motion train wreck, but with more memes! 🚂

Hyperliquid (HYPE)

Now, let’s talk about Hyperliquid, which has plummeted by more than 64% in just three months. It’s like watching a soap opera where the main character just keeps getting worse and worse. After an Ethereum whale was liquidated, the platform’s vulnerabilities were exposed, leading to a price decline that’s as predictable as a bad punchline. 🎭

With investor confidence shaken like a Polaroid picture, HYPE is poised for a weak performance leading up to the FOMC meeting. It’s a classic case of “sell now, cry later.” 😢

Trump Coin (TRUMP)

Ah, Trump Coin! The meme coin that just can’t seem to catch a break. With US economic policies impacting projects associated with the former President, this coin is about as reliable as a weather forecast in England. After a brief rally, it’s crashing again, with the CMF heading south like a bird in winter

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2025-03-14 02:35