The long-awaited rally has finally commenced following Donald Trump’s inauguration. Several altcoins, including XRP, TRUMP, ETH, and SOL, reached new all-time highs. However, this wasn’t reflected in DOGE, as it has been struggling to reach a new peak and maintain momentum.
As we anticipate some activity with Elon’s favourite DOGE, investors seem to have found a new pet favourite in new altcoin, 1Fuel (OFT). According to analysts, 1Fuel has the potential to join top cryptocurrencies like SOL and XRP, with predicted presale gain of 500% and up to 1000% post-launch.
1Fuel is being sold at a discounted rate of $0.017, and this price is expected to skyrocket in the coming weeks. Read on to find out why.
Dogecoin whales seek alternatives
DOGE’s Exchange netflow, a tool used in measuring the inflow or outflow of investments of an asset on cryptocurrency exchanges, reveals that there are more spot outflows than spot inflows.
As of this writing, Coinglass data shows that there’s been a $12.99 million spot outflow, indicating a decreased demand in DOGE’s assets in the past 24 hours. Data from CoinMarketCap on the 24-hour chart also reveals DOGE’S market cap has been experiencing a decline showing further disinterest in its asset.
Although DOGE experienced a price surge, reaching an all-time high of $0.48 early in December, its price has reversed drastically, and DOGE is currently trading at $0.36 per TradingView. This market activity reveals whales are beginning to seek alternative options, with 1Fuel at the forefront of their search.
1Fuel’s strong utility pulls investors
In the past week, 1Fuel has recorded a massive increase in token sales, currently, it has grossed over $1.4 million so far. Experts are hyped at its potential, and they have classified 1Fuel as one of the best cryptocurrencies to invest in.
Its stellar features of integrating cross-chain transactions into its cryptocurrency wallet have got investors talking. This feature will eliminate the stress of juggling multiple cryptocurrency wallets. For instance, with 1Fuel, users can perform transactions like sending SOL on Ethereum or ETH on Arbitrium.
Also, 1Fuel will ensure investors’ funds are kept safe with its enhanced security feature and integration of an independent smartchain, unlike other cryptocurrency wallets. It also aims to create a cold wallet that further ensures users’ funds security, protecting them from the woes of cyber thefts.
Another interesting perk of investing in 1Fuel is the freedom it will give users from third-party interference, which most times limits speedy transactions and increases gas fees. Its integration of P2P will allow users to easily perform transactions with other users.
Conclusion
1Fuels strong utility positions it as one of the top cryptocurrencies in the cryptocurrency market. Its market performance reveals it has been outperforming DOGE, resulting in investors putting more funds in 1Fuel.
DOGE Investors are tagging 1Fuel as one of the best cryptocurrencies to invest in due to its cheap price of $0.017 and 20% bonus. Early investors saw the price go from $0.012 to $0.017, with price increase expected to happen anytime from now and massive gains to follow.
Join 1Fuel today to be a part of the early investors of this exciting crypto project!
To Find Out More About The 1Fuel Presale, Use The Links Below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X: https://x.com/1Fuel_