The post Shiba Inu Price Crunch Still Down 40% In Last 60d: Binance & XRP Holders Scramble For 1Fuel (OFT) Launch As 10x Hype Grows appeared first on Coinpedia Fintech News
Shiba Inu (SHIB) continues to struggle despite a slight price increase. Over the last 60 days, the price remains down by 40%, showing bearish momentum. Hence, even BNB and XRP holders are considering other investment opportunities.
1Fuel is currently holding a public presale for its native token, $OFT. Many experts say it has massive potential because of its features, tokenomics, and great presale plan.
SHIB Price Continues to Struggle
Currently, the SHIB price is at $0.000017, and it could drop to $0.000012 in the coming weeks. This is mainly because the market sentiment remains bearish, with the Fear & Greed Index at 48. Technical indicators also highlight the challenges the SHIB price is facing.
Its 50-day simple moving average is at $0.000020, while the 200-day SMA sits at $0.000019. The 14-day relative strength index at 42 suggests that SHIB is still weak.
Adding to market activity, a wallet with the address “0xB768” recently withdrew a massive 86 billion SHIB valued at approximately $1.4 million. The transaction puts massive pressure on the SHIB price.
Binance & XRP Holders Eye New Opportunities Amid Market Uncertainty
While the SHIB price continues to fall due to recent withdrawals and fluctuations, Binance Coin (BNB) and XRP investors also want new investment opportunities. On Binance, top holders continue to maintain massive reserves. The leading BNB holder controls nearly 30 million BNB, representing about 20% of the total supply.
XRP holders are also among those closely monitoring the market. The largest XRP wallets each hold about 5 billion XRP, representing approximately 5% of the total supply. Investors want to diversify their portfolios, and 1Fuel presents a massive opportunity.
1Fuel (OFT): A New Investment Target for Crypto Holders
1Fuel (OFT) has emerged as an important token among crypto investors. The project is an all-in-one cryptocurrency wallet and exchange. It has attracted a lot of attention with its public presale.
With nearly 208 million tokens already sold, the presale has raised over $2.1 million. At the moment, the price of 1FUEL is $0.018 per token. It is currently in stage 4 of the presale, which means buying now could be a great investment.
1Fuel’s platform wants to improve crypto management. It allows faster transactions across multiple blockchains with one-click technology. A key feature is its built-in mixer, which improves user privacy by anonymizing transactions. Additionally, 1Fuel integrates AI-powered tools that help users optimize their crypto portfolios and execute strategic trades based on market conditions.
Another major attraction for investors is 1Fuel’s P2P exchange. It allows direct asset trading while maintaining privacy and security. Unlike centralized platforms, this decentralized model provides greater control to users. Furthermore, 1Fuel offers military-grade cold storage for the highest level of security.
Beyond trading and storage, 1Fuel also introduces a crypto-backed debit and credit card system. This feature enables users to spend their cryptocurrency in real-world transactions. With increasing adoption, such a system could bridge the gap between traditional finance and digital assets.
The 1Fuel token allocation further highlights its potential for long-term growth. 50% of its 1 billion token’s total supply is for presale. The other portions are set aside for liquidity providers, community treasury, and ecosystem incentives.
Conclusion
SHIB price continues to struggle despite recent gains, with indicators showing weakness. The withdrawal of 86 billion SHIB and overall market sentiment remains bearish. Meanwhile, Binance Coin and XRP holders are assessing new opportunities.
Among these opportunities, 1Fuel has attracted attention with its innovative approach to crypto management. Its presale success, strong security features, and real-world usability make it a compelling option for investors seeking the next high-growth project.
To learn more about the 1Fuel project and its public presale:
