Meme Coins Rally as Federal Reserve Rate Cut Speculation Builds

Meme cryptocurrencies recorded good returns on Monday, with Shiba Inu (SHIB) and Pepe (PEPE) in the ￰0￱ surge comes as traders position themselves ahead of the Federal Reserve's anticipated interest rate decision on September ￰1￱ to market information, there is an increasing institutional attraction to meme tokens via derivatives ￰2￱ Interest in Dogecoin (DOGE) was up 12.3% while SHIB and PEPE were up 4% and 3% ￰3￱ volumes in these assets have increased by double-digit percentages, showing increased participation in the ￰4￱ coins open interests.