Crypto assets in the meme ecosystem struggled in January and experts do not expect a drastic change in the new month. Thus, investors are changing their approach by considering projects like 1Fuel, which boasts tangible use cases.
The crypto solution is leveraging top technologies to disrupt DeFi, by providing adopters with an improved experience. 1Fuel is billed to be a successful project and its presale token could skyrocket anytime soon. PEPE and Dogecoin holders alongside other smart investors are now buying into the presale, in hopes of high returns. Learn more about 1Fuel below.
PEPE bear pressure gets stronger as whales’ action induces more sell pressure
The bulls seem to have totally lost control of PEPE as the meme coin keeps experiencing sharp declines. PEPE is now down by -16.91% over the past week, trading around $0.00001293 at press time. Analyses show that PEPE could decline further as whale investors recently transferred more than 1.1 trillion PEPE to Binance. This high inflow of PEPE tokens into the market has increased PEPE’s volatility and the uncertainty about its short-term price direction.
While PEPE’s bearish momentum is in sync with the general market’s downturn, its rate of decline is a cause of concern for holders. Recent whale actions have further deepened this concern, and analysts believe a high sell pressure is brewing. This could see PEPE price fall below critical support level, spurring a massive dip.
As the PEPE bear pressure keeps getting stronger, PEPE investors are taking the smart initiative of hedging against it with promising tokens like 1Fuel. This could help them remain in profit.
Dogecoin persists around $0.30 despite growing bearish momentum
Dogecoin’s impressive five-month uptrend has finally hit a snag, as Dogecoin falls below its critical uptrend line. The meme coin currently enjoys support around $0.30 – $0.32 but a sustained bearish momentum could see Dogecoin test lower support levels at $0.26 or $0.234.
However, the market sentiment about Dogecoin is highly uncertain. This is because despite its technical weakness, some investors believe Dogecoin ETF approval could renew bullish sentiment and spark a price uptick for DOGE.
Presently, crypto traders and Dogecoin investors are closely monitoring on-chart data and market development to make the best decision on DOGE. But, the proactive ones are already buying into 1Fuel presale, a more assuring investment.
1Fuel looks set for the moon as the solution-based projects attract massive interest
The 1Fuel project is keeping its path to success simple by providing unrivaled utilities and efficiency in a fast-growing sector. 1Fuel will establish itself as the top platform for secure asset storage, improved portfolio management, and profitable trading. The crypto solution will utilize efficient technologies, including AI, to achieve its objectives.
Beyond 1Fuel’s superiority in terms of speed, usability, fees, and security, it will also have real-life applications. Users will be able to use the 1Fuel token (OFT) for various transactions in the real world, leveraging the 1Fuel virtual and physical debit and credit cards. This makes 1Fuel likely to have high adoption and popularity in the crypto space.
Analysts say 1Fuel’s projected high prominence could come with a corresponding value increase. This makes it a potential profit-making crypto buy. The token is poised to skyrocket
soon, and joining the presale now may help investors remain in profit amidst the crypto market downturn.
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_
