PANews reported on October 28th that Four.meme posted on its Chinese X account: "Our official X account @four_meme_ is currently temporarily frozen. The team has immediately contacted the X official support team and is handling the matter urgently. All the latest announcements and updates will be released simultaneously through Fora and the Chinese account. The Four.Meme team is operating normally. Please be vigilant against any fake accounts and false information."


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
