With major altcoins like ETH, SOL, XRP, etc assuming a bullish move, the excitement in the cryptocurrency market has known no bounds in anticipation of the rally. However, this anticipation isn’t reflected in TON, which has only recorded massive declines in the last few days. This has increased investors’ skepticism about its potential and has led them to one of the best cryptocurrencies in town, 1Fuel.
Although 1Fuel is in its development stage, investors have flocked towards it, anchoring on its potential to give 100x upon its public launch. Currently, 1Fuel sells cheaply for $0.015. Read on to find out why TON investors are turning to this altcoin.
Toncoin’s decline pushes investors 1Fuel
According to CoinMarketCap, there has been a declining trend in Toncoin’s native token, TON. its market cap has declined by 5.31% from $13.61 billion to $12.98 billion, revealing reduced activity in the market.”
Also, recent activity on a 24-hour chart indicates whales are beginning to question their investment choice, especially with its huge bearish candle reversing back to its support level of $5.1. In this past week alone, TON’s price has declined by 1.024% per CoinMarketCap. Further data on TradingView reveals TON’s price has dropped from $5.4 on Jan 4 to $5.07 press time.
This reduced interest in TON has pushed investors to seek alternative tokens, and analysts have recommended 1Fuel, predicting it as one of the best cryptocurrencies with its potential of returning a whopping 500% in its presale alone.
Why 1Fuel could be the next big thing
1Fuel, which is currently in its third presale, has been turning heads and attracting investors. So far, it has made up to $1.24 million in token sales, and this has attracted more investors.
1Fuel will create a multi-chain cryptocurrency wallet that aims to create cross-transactions for its users, eliminating the need to juggle multiple cryptocurrency wallets. This sets it apart from other cryptocurrency wallets.
It also aims to introduce virtual and physical debit cards which will help users to access their assets anywhere and be able to exchange it for fiat money. This will give its users a flexible and seamless experience.
Also, a top perk of 1Fuel will be its integration of an independent smart contract into its wallet, which enhances security, leaving investors rest assured about the safety of their tokens. In addition to this, it aims to create cold wallets that ensure the safety of user’s tokens offline, eliminating the risks of cyberthefts.
With 1Fuel, investors’ staked tokens are a plus to them as they will allow passive earnings, so rather than just allowing their tokens to lie fallow in the cryptocurrency wallet, staking it will give them the opportunity to earn 30% APR.
Conclusion
Investors’ declining interests in TON have only fueled the massive adoption of 1Fuel; as analysts predict, it could gross over 100x for investors seeking massive ROI’s. It recently concluded its second presale within a month, and it is set to achieve more as the presales continue.
1Fuel is currently priced at $0.015 and this could potentially skyrocket in the next couple of weeks. During its second stage, it was priced at $0.012 and has now increased.
Do not miss out on the opportunity to get it while it’s still selling cheap!
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_
