The last 24 hours have been terrible for the cryptocurrency market. Bitcoin crashed to $91k, but its loss pales compared to the altcoin market. Amid this, Shiba Inu and Chainlink investors are aggressively investing in one cryptocurrency: 1Fuel. What is unique about it? And why are experts claiming it will do 20x in 2025?
Shiba Inu’s loss mirrors the memecoin market
The memecoins market was one of the most affected, and Shiba suffered considerable loss, hitting $0.00001284.
Beyond the short-term crash, a descending triangle pattern formed on the weekly chart is not the good news Shiba investors hoped for.
Moreover, newer memecoins like Trumpcoin disrupted the meme market at the start of the year, and by all indications, they can disrupt the markets again. This places older coins like Doge and Shiba in a tight spot: innovate or be crushed.
Many Shiba whales know this and are pulling out their investments in droves. One major coin receiving the distribution is 1Fuel. With expert opinion circling a 20x increase, it is no surprise that this token is receiving considerable attention.
Chainlink’s fundamentals don’t align with the current price
Chain link ended January on a strong note after a fairly slow start. The cryptocurrency’s performance leads many to believe a green February is more likely.
The notable news on Chainlink is the launch of its Data Streams on Scroll Mainnet. This launch, On January 29, enables developers to create high-performance dApps with real-time, decentralized market data.
This integration is essential in improving the speed and efficiency of DeFi applications while maintaining blockchain security.
While one would expect a massive reaction from the LINK price, its inability to break the $27 resistance and its flat, uncharacteristic move has left much to be desired.
Even before the general crypto bloodbath that saw many tokens fall to double-digit losses, Chainlink was always going down in the short term. Now, the cryptocurrency is trading at $20,51 and chart analysis shows the crypto is on a slow grind to $13.
With Shiba Inu losing its allure and Chainlink’s downward trend continuing, the crypto market looks to 1Fuel as a safe haven.
1Fuel’s offer seems irresistible for Shiba and Chainlink whales
1Fuel (OFT) is a stable alternative in this high-volatility environment. Its utility as a bridge between the ease of use of centralized exchanges and the privacy features of decentralized ones makes it a coveted exchange in the crypto space.
The most interesting thing about 1Fuel is its one-click solution. The exchange uses the OFT token as oil to allow seamless flow in the ecosystem. With 1Fuel, users don’t need to worry about the technical aspects of trading. 1Fuel performs the bridging, converting, and cross-chain swaps.
AI in crypto investing is another novel technology introduced by 1Fuel. Tasks such as tax reporting and portfolio management are automated.
1Fuel’s ongoing presale offers a great entry price
1Fuek is currently in the third stage of its presale. The current price of $0.017 might not indicate its value, but it is an opportunity for traders to get in on the gold mine early.
Investors in the Stage 1 Presale are sitting on a 1700% profit, and experts believe a 2000% profit from its third presale is possible in 2025.
The presale has successfully raised $1.75 million from selling over 175 million OFT tokens.
Don’t miss out on what the next big name in the crypto market could be.
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_
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