Bitcoin and Ethereum have dominated the market for years as pacesetters for the industry, which has been responsible for their meteoric price rally. However, the dominance is being challenged by a wallet exchange token, 1Fuel (OFT), a major utility asset that has attracted $1.76 million in investors’ funds.
1Fuel’s presale is currently live, offering tokens at an undervalued $0.017 with an instant 20% bonus on all purchases. Analysts expect 1Fuel’s exchanges to innovate the way existing wallet exchanges and cryptocurrency exchanges offer peer-to-peer (P2P) services with 1Fuel raising a lot more funds than anticipated.
Bitcoin and Ethereum: Will we see a shift in market dominance?
Investor sentiments have become clear in recent market action, as they sell off BTC and ETH for a new asset class.
Investors who have ridden the BTC wave from the onset, when it launched to challenge the traditional financial market following the 2007/2008 financial market crises, and have generated a 200,000,000% return since its launch price, more than any stock or asset class, are turning to the next best cryptocurrency investment, one they can ride as early as possible.
ETH is within the same category as BTC, having launched the more revolutionary technology with the introduction of decentralized finance (DeFi), a tech that opened up better ways to borrow, lend, and trade without interference from third parties like the government and banks. Early ETH investors have generated 720,000% profits.
However, the momentum has since slowed down, as large and retail investors are looking to commit to other projects with solid use cases like BTC and ETH, and the potential for a major price boom. The consensus is that 1Fuel is the right alternative and has begun attracting significant liquidity.
As the outflow of liquidity from BTC and ETH challenges their growth, analysts predict 1Fuel’s potential remains intact for a 5,000% gain soon.
Investors prioritize profitability by choosing 1Fuel
The attraction to 1Fuel by top investors’ has been because of its wallet’s use cases, that’s unlike anything before with emphasis being placed on its peer-to-peer exchange feature.
The P2P exchange is in the spotlight, with market analysts saying it will give popular cryptocurrency exchanges a run for their money because of its uniqueness and method of operation. For example, 1Fuel’s exchange would work in multiple jurisdictions, maintaining a compliant status and supporting over 100 fiat currencies.
That’s not all, the exchange would operate on very minimal fees, meaning every transaction that’s off-ramping from crypto to fiat and on-ramping fiat to crypto would cost very little, unlike other cryptocurrency exchanges that charge high fees for finalizing these types of transactions.
Users will also benefit from the security model 1Fuel operates on, with its cold storage and regular security audits from top firms like Hacken, Consensys, and CertiK. In addition, users get the option to stake their funds in supported pools on 1Fuel’s wallet, allowing them to earn up to 30% APR while benefiting from several security implementations.
These 1Fuel use cases are akin to how BTC and ETH operated in the early days and have influenced their success. Seeing the patterns, the community and investors in both assets are now moving to fund 1Fuel, increasing its rally potential.
Bottom Line: Investors want returns
In the end, legacy investors are after gains and maintaining their portfolio status, with 1Fuel proving to be the best cryptocurrency investment. Investor funds have begun coming in. With the earliest investors already 70% up from the initial price of $0.01, it’s only a matter of time before the price jumps from the current $0.017, with another 100X on the horizon.
Join the 1Fuel presale now while it’s early.
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_
