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Home Blockchain

1Fuel’s Stage 2 Presale Filling Fast as XRP and Shiba Inu Build Momentum in Altcoin Season

by DigestWire member
January 3, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
1Fuel’s Stage 2 Presale Filling Fast as XRP and Shiba Inu Build Momentum in Altcoin Season
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The post 1Fuel’s Stage 2 Presale Filling Fast as XRP and Shiba Inu Build Momentum in Altcoin Season appeared first on Coinpedia Fintech News

The Altcoin season, a period where the majority of cryptocurrencies (excluding Bitcoin) see a major price rise, sometimes up to 10X or more of their current value, with XRP and SHIB gathering momentum for the rally.

With the Altcoin chart — Total Cap 2 — trading within a bullish accumulation zone, several tokens might begin to rise, with analysts predicting 1Fuel (OFT) could generate one of the most significant gains, possibly exceeding 100x, among other altcoins from its current presale price of $0.012. Here’s what’s driving the optimism:

XRP Is Oversold: Will The Price Jump?

After establishing a new high of $2.90 on December 3, XRP has plummeted, causing the asset to lose 29.64% of its price, according to the Binance chart on TradingView.

While this downward trend persists, XRP’s Relative Strength Index (RSI), a technical indicator that determines whether the market is overbought or oversold, shows the asset in oversold territory at press time, meaning a bounce-back is much anticipated.

On the 4-hour chart, XRP’s potential bounce back is in motion, trading within a 4-week-long accumulation zone on the chart. This means bidding is taking place by large and retail investors, and XRP will soon rally.

Once the rally happens, XRP will return a 1x trade. Its current price of approximately $2.10 on the chart could become $4.20. Other investors looking for more gains consider SHIB but find new insights

SHIB Struggles To Attract Investors

As large investors begin to consider SHIB, they soon find out that the asset has been in a downward trend.

According to CoinMarketCap, SHIB has been predominantly bearish across all time frames, losing 22.19% in the past month, 6.41% in the past 7 days, and 2.06% in the past 24 hours.

The volume surge is a testament to the rising lack of interest among holders of SHIB, as they’ve begun selling. In the last 24 hours, the volume has surged by 24.35%, accompanied by a price decline, which means the market is selling fast.

Investors find this bearish undertone an unsafe option to put their funds into and have channeled them into 1Fuel. Its rapid sale worth over $935,000 and status as a utility token make it the best cryptocurrency to invest in for 2025.

Why 1Fuel Could Lead The Next Altseason

Analysts predict that the upcoming altseason will be dominated by utility-focused cryptocurrencies, with 1Fuel positioned at the forefront.

1Fuel is designed to power its ecosystem’s cryptocurrency wallet, currently in development. This wallet will enable staking, gas fee settlements, rewards, and fund allocation—all built around the 1Fuel token.

According to its roadmap, the wallet aims to be a comprehensive solution, offering services like seamless on-ramping and off-ramping through integrated crypto banking. It also promises competitive APRs for staking and streamlined interaction with DeFi protocols.

1Fuel’s cryptocurrency wallet will support multi-chain transactions while maintaining ultra-low gas fees and providing a unified payment mechanism for gas fees, setting it apart from competitors.

Conclusion

As the altseason approaches, 1Fuel remains the best asset to prioritize, as it’s set to return the most gains—potentially as high as 100x, according to analysts, who call it undervalued at $0.012 compared to XRP and SHIB.

If the market run begins in full force, missing out on 1Fuel’s rally could lead to huge regret, as it’s considered the best cryptocurrency to invest in for 2025.

To learn more about 1FUEL, visit:

Presale: https://www.1fuel.io/

Telegram: https://t.me/Portal_1Fuel

X: https://x.com/1fuel_?s=21

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