Memecoins are back in the headlines since Trump’s presidential inauguration. Analysts foresee bullish runs for both Shiba Inu (SHIB) and Dogecoin (DOGE) to erase recent losses. These two maintain control as the top memecoins, but the competition in crypto is heating up.
1Fuel (OFT), a new DeFi token, is carving a niche for itself. The 1Fuel presale is getting investors’ attention, and its tokens are selling for $0.017 with expert projections of a potential 100x run.
Whales Accumulate 590 Million Dogecoin (DOGE); Could Spark Explosive Rally
Within the space of 24 hours, some investors accumulated 590 million Dogecoin tokens silently. “Addresses with between 100 million and 1 billion DOGE bought more tokens, which is a positive,” blockchain expert Ali Martinez wrote. Whales have a lot of influence on memecoin prices and have sparked sudden rallies and dumps.
While moderate compared to other whale purchases, this silent accumulation could trigger more price action. In the past, such whale activity has impacted market conditions and sometimes resulted in price stabilization or increase. Dogecoin has also gotten a pump after the recently launched US Department of Government Efficiency (D.O.G.E) under the leadership of Elon Musk.
Dogecoin price is up 7% in a month to $0.3586. According to some analysts, whales were able to buy DOGE for cheap, while the industry focused on Trump’s memecoin. That calmer atmosphere gave a buying window to accumulate DOGE at huge discounts.
Shiba Inu Burns Over 21 Million Tokens
Shiba Inu is burning tokens at will to cut the token supply and boost the price. Just recently it burnt more than 21 million tokens in a single day, raising the burn rate by 2,229.01%. Token burns permanently remove tokens from circulation, which generates scarcity and long-term price gain.
Meanwhile, token burning does not automatically guarantee price growth. It must be accompanied by an increase in demand due to new utilities. For Shiba Inu’s price to see significant gains, demand for the token has to increase significantly.
However, SHIB has been resilient, never dipping below the key 200 EMA level at $0.00002082. It has, therefore, avoided the descent into the bear market. This indicates resilience and will likely result in short-term sideways movement after the key support is tested.
1Fuel: The Next Bull Run Winner Set to Jump 100x
Unlike memecoins fueled by hype, 1Fuel is looking to benefit the crypto industry. 1Fuel is built on ease of use and accessibility, simplifying cross-chain transactions. With 1Fuel, it’s goodbye to multiple wallets and high transaction fees.
The presale has already raised over $1.5 million, with over 153 million tokens sold, and from all indications, this is just the beginning.
This DeFi marvel offers multi-chain transactions, military-grade security, and a user-friendly interface.
Currently, in the third phase of its presale, early 1Fuel investors have already secured a 17x return on their investments, as the price rose from $0.001 to $0.017. Experts believe this token could increase by as much as 100x before the end of 2025.
Trading cryptocurrencies will be flawless with unique 1-click cross-chain transactions. The token is selling in tandem with the altcoin season, the stage of the crypto cycle when altcoins rally. Investors seek something new to invest in, as enthusiasts mull over the next big crypto to buy.
Conclusion
This presale period is definitely not one that interested investors will want to miss because 1Fuel token at $0.017 is a steal. With the current presale pace, the price won’t stay this low for too long.
Savvy investors who know crypto whales follow them because of their foresight and successful market moves. For a new project to draw memecoin whales, it must have huge potential. Join the 1Fuel presale and watch your portfolio take off in 2025.
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_
