Memecoins investors are beginning to consider other tokens as market narratives are in favor of tokens with strong utility in the market. PENGU and FLOKI investors are now making the shift after a streak of profiting in the market and have turned to 1Fuel, as it is among the cryptocurrency investment market analysts expect to see a 50x rise.
1Fuel utility has been a focal point as it matches the current market narrative, with the most unique innovations its cryptocurrency wallet is expected to introduce to the market in 2025.
PENGU investors on the look for options with greater potential
PENGU investors are left with no other option than to reduce their exposure to the assets as they continue to achieve lower lows in the market. In the past month, CoinMarketCap shows that PENGU investors have lost a total of 31.28% as the market narrative turns against it.
After trading into the resistance level of 0.025364, PENGU has dropped, and this fall could intensify should whales on the sidelines begin selling too. Some cohorts of market whales have already begun selling, as the PENGU netflow on Coinglass shows that $801,340 worth of the asset has been sold, which has added to the rejection at the earlier resistance.
Should selling intensify, then Whales ’ declaration to move from PENGU to 1Fuel would be even more clear.
FLOKI buyers record loss
Coinglass liquidation data shows that FLOKI investors, who decided to bet on the asset seeing a price hike, have lost $18,140 in the last 24 hours. Analysts expect FLOKI’s decline to intensify soon, as the trading volume sees a significant drop of 53.82% to $12.49 million, as it approaches a support level at $0.00012963.
A declining volume and price coinciding with a support level don’t appear good, as this downward momentum could force FLOKI to drop below this level. With no utility and market narrative supporting it, FLOKI is likely to see further drops.
As top cryptocurrencies fail to deliver, investors have turned to 1Fuel, considered to be among the best cryptocurrency investments.
50X price rally for 1Fuel provides more viability
There’s a growing interest among crypto investors for 1Fuel, as they anticipate it to deliver a 50x rally from its current price of $0.017, based on projections. These projections by analysts are expected to hit because of the series of developments brewing in the 1Fuel ecosystem.
One major one with a close timeline is 1Fuel listing on cryptocurrency exchanges including MEXC, KuCoin, and ByBit, between now and March. With this, more liquidity would be added to 1Fuel as it will get exposure to more crypto investors.
According to its roadmap, 1Fuel’s launch on cryptocurrency exchanges is expected to be followed by the launch of its anticipated cryptocurrency wallet, a one-of-a-kind wallet that’s expected to innovate the current market approach.
The wallet is expected to include features such as a privacy mixer, cold storage, staking options, temporary wallet, AI-powered support, one-click multichain, etc. These features combined are rarely available on cryptocurrency wallets in the market.
Analysts expect that once 1Fuel’s wallet goes live, it would directly compete with the likes of MetaMask, Trust Wallet, and others, and would likely overtake them in market share.
Conclusion
Beyond the tech, which PENGU and FLOKI lack, where 1Fuel wins, it also benefits from the current market narrative, which would play a major role in its 50x rise.
The best cryptocurrency investment in this current market era is, without a doubt, 1Fuel. In a few weeks, it has raised $1.545 million and analysts project it will cross $2 million in token sales soon.
Join the presale today to be a part of 1Fuel’s next price upswing.
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_
