Increasing U.S. tariffs have negatively affected the global market, causing selloffs in major industries. With uncertainty looming, Shiba Inu investors are now targeting 1Fuel (OFT), a hot altcoin with immense upside potential. With its presale gaining steam and raising over $1.7 million in ICO funds, some analysts think 1Fuel could pay off hugely by April and be a top pick for all those searching for profits and stability.
Shiba Inu’s Burn Rate Surges, Boosting Market Optimism
Shiba Inu (SHIB) has been rapidly burning SHIB tokens. The launch of ShibTorch V2, a new token-burning mechanism, boosted the burn rate by 7,200%. Over 1.1 billion SHIB tokens were removed from circulation on the first day. This effort is consistent with the community’s long-term objective of decreasing supply to increase token value. Since its launch in 2020, SHIB has burned over 410 trillion tokens, further illustrating its strategy of boosting prices.
This aggressive burn has already positively impacted Shiba Inu. The token’s trading volume has climbed 305%, reaching $1.7 billion. Technical indicators suggest further gains. The Relative Strength Index (RSI) is at 58, signaling room for upward movement. The Moving Average Convergence Divergence (MACD) also shows bullish momentum, with green histogram bars and a MACD crossover above the signal line. These signals suggest that SHIB could continue rising if demand stays strong.
Despite the risks, SHIB’s strong burn strategy and bullish indicators suggest promising short-term gains. However, meme coins remain volatile. Investors should track key price levels and market trends before making any decisions.
1Fuel (OFT): The Next Big Thing in Crypto Presales?
Unlike many projects that rely solely on market hype, 1Fuel (OFT) presents itself as a comprehensive solution for digital asset management, merging the functionalities of a crypto wallet and an exchange. Its presale has rapidly progressed through the first two stages, which sold out swiftly. Stage three is already over 55% sold. This rapid progress highlights the strong demand and confidence surrounding the project.
1Fuel’s roadmap outlines that the presale phase will continue through the first quarter of 2025, after which the token will launch on centralized and decentralized exchanges. The project’s appeal goes beyond the numbers, driven by its unique technology that simplifies cross-chain transactions. This feature eliminates the usual complexity of managing multiple wallets or dealing with high transaction fees, offering a seamless experience for users across different blockchain networks.
Investors are particularly excited about the staking rewards, which offer up to 30% APR, and the peer-to-peer exchange feature facilitating easy crypto-to-fiat transactions. These practical applications position 1Fuel as more than just another token, a versatile tool designed for real-world use.
What sets 1Fuel apart is its ability to address the common pain points in crypto transactions. The platform offers an integrated privacy mixer for enhanced security, temporary wallets for private asset management, and military-grade cold storage solutions. Additionally, the introduction of physical debit and credit cards expands its real-world utility, making it easier for users to spend their digital assets, these features collectively position 1Fuel as a future leader in the crypto ecosystem.
The 1Fuel FOMO Is Real—Don’t Miss Out
Each stage of the ICO presale saw a price increase: the initial stage started at $0.01, moved to $0.012 in the subsequent phase, and now stands at $0.017 in the current stage. Increasing demand combined with a strategic adoption plan drives the price increase toward early participants who join the presale. Analysts predict that early investors could see returns exceeding 500%, with projections of 100x growth upon the token’s public launch.
With over $1.7 million already raised and the presale moving rapidly, 1Fuel is generating significant FOMO among investors. The combination of innovative technology, strategic partnerships, and strong market demand suggests that this project can reshape the crypto market. As the presale progresses, the price of OFT tokens is expected to rise, making now an opportune moment for investors to secure their position before the token hits the broader market.
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_
