Rumors of Fed Chair Jerome Powell’s resignation made the rounds on X over the weekend. Meanwhile, the best memecoin for June is making it’s debut today.

Maybe the next ‘rumor’ will be ‘RUMOR: Trump is resigning on Monday, to name Jerome Powell as 48th President.’

The smart money stayed quiet, but Polymarket traders gave the theory little weight.

Market Cap

Powell’s Speech Highlights the Fed’s Mission

Bitcoin broke above $105,000 on Monday, riding a wave of speculation that the Fed might finally ease its grip on monetary policy. The move came after Jerome Powell’s speech at the Fed’s International Finance Division anniversary event—an address light on rate signals, heavy on global modeling talk.

“The division has devised new methods to measure and assess the effects of various types of uncertainty on economic activity, including new indexes that were built to track geopolitical risk, inflation, trade policy and economic uncertainty,” Powell explained.

Powell stuck to the Fed’s script: no politics, just data. “Uncertainty shocks” and global modeling dominated his speech, but the real intrigue came days earlier, when he met with Trump at the White House.  According to Powell, the economy was discussed, but not the rates.

“We make decisions based solely on objective analysis,” he told the president.

That claim, of course, did little to quiet concerns over the Fed’s independence. Powell later told reporters he’d never request a presidential meeting—”It always comes the other way.”

Trump Vs. Powell: Best Memecoin To Invest In Soon?

Trump’s public dissatisfaction with Powell’s handling of interest rates adds another layer to the controversy. While inflation has eased from a year ago, it remains above the Fed’s 2% target.

Despite Trump’s harsh words—including calling Powell a “fool” and suggesting he could fire him earlier this year—the president recently clarified that he has “no intention” of removing the Fed chair, whose term runs until May 2026.

Best Memecoin in June?  Mind of Pepe Could Be the Next Meme Play

$MIND, the AI token behind MIND of Pepe, is heading to Uniswap with $12 million in presale funding and a ticking clock. The project’s DEX launch goes live Tuesday at 2 p.m. UTC. Until then, there’s one final shot to grab tokens before the price goes public.

The hype is real. Competitor $SKOR AI climbed 32% this week, but $MIND is audited, agent-ready, and pulling in serious capital—$300K in the last 24 hours alone. ETH holders can still get in, though time is running out.

Token claiming begins the moment the presale ends. FOMO is doing the rest.

Every market mess has its silver lining, and that’s MIND of Pepe for this upcoming bull market.  

Presale results say it all: $10.5 million was raised at a price of $0.0037515 per token, 10% of the supply locked tight, and Ethereum’s ERC-20 standard as its base.

Here’s the TL;DR for this presale:

  • Raised: $12.5 million
  • Blockchain: Ethereum
  • Token type: ERC-20
  • Token price: $0.0037515
  • Accepted payments: ETH, USDT, BNB, Card

Don’t Psych Yourself Out! Get in on $MIND of Pepe Right NOW

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

Key Takeaways

  • Rumors of Fed Chair Jerome Powell’s resignation made the rounds on X over the weekend, meanwhile the best memecoin for June is making it’s debut today.
  • Mind of Pepe is quickly emerging as one of 2025’s standout presales and is soon to be a new Binance listing.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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