The US presidential inauguration which is set to be a major driving force to the long awaited rally is happening in a few days. This preparation has impacted the general cryptocurrency market significantly.
In anticipation of this forthcoming event, BTC and several top cryptocurrencies including BGB and BNB are experiencing a significant price surge. BTC has moved from $91,324 to over $96,392 in the last 24 hours per TradingView.
On the other hand, amidst all these market activities, 1Fuel continues to thrive drawing the attention of crypto whales. 1Fuel is in the third stage of its presale priced at $0.015 per token. Read on to learn more.
Exchange and wallet tokens under pressure as 1Fuel dominates
The cryptocurrency market is witnessing a significant shift in exchange platforms. Cryptocurrency exchange tokens like BGB, BNB, UNI, have been leading the charge, but their declining prices and waning hype have raised questions about their long-term viability.
Over the past 24 hours, BGB has decreased a low 2.62%, and is currently priced at $6.43 per CoinMarketCap. This slow pace reveals investors’ sentiments are shifting towards better tokens like 1Fuel.
Similarly, BNB, a major competitor against major cryptocurrency exchange tokens has seen a reduced market activity in recent times. According to CoinMarketCap, BNB has experienced only a slight decline in the 24-hour chart, sparking low interest among investors.
While these exchange tokens face the heat, 1Fuel is attracting investors with its P2P exchange that’s in development.
This positions 1Fuel as a major rival for these crypto exchange tokens which is evidenced by the massive adoption of its token with a gross token sales of over $1.3 million within a month.
1Fuel’s P2P exchange function brings effortless crypto trading to investors
1Fuel is set to disrupt the status quo and become the go-to platform for crypto traders with its innovative features. It is set to introduce a cryptocurrency wallet which will be equipped with innovative and user-friendly features for any type of trader, particularly its p2p exchange.
1Fuel will integrate a P2P function that will allow swift transaction of crypto assets between users, eliminating third party interference and ensuring fast transactions. In addition to this, 1Fuel will introduce a very similar feature to its p2p exchange—a crypto card that would allow users to have access to their tokens whenever they need to transact in the real world.
Analysts say 1Fuel wallet could be potentially ranked as one of the best cryptocurrency wallets, because of the numerous features it will introduce. For example, the one-click cross-chain transaction functionality, this will save users the stress of navigating multiple cryptocurrency wallets.
Conclusion
Despite Binance and Bitget impressive p2p features and low fees, their native token has only recorded slow growth in the past few days. Investors are now turning to 1Fuel, following analysts prediction to potentially give over 5,000% in its presale alone.
1Fuel is currently in its third stage of presale priced at $0.015 per token. This is the lowest price it will ever be so don’t waste any time. Buy 1Fuel tokens today to lock in your stake.
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_
