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The crypto market keeps shaping up for various possibilities in the first few weeks of the year. Some top coins are rediscovering form, while others are moving sideways due to market resistance. Pepe Coin (PEPE) has experienced both in the past month.
Meanwhile, 1Fuel has weathered the storm during its ongoing presale. With a new milestone of raising over $1.4 million, 1Fuel shines through the market and is attracting PEPE traders. Let’s find out why.
PEPE investors are worried after its recent performance
While the broader crypto market has been recovering from the initial dip for some weeks, PEPE has been shifting across the green and red zones. Initially, the PEPE price shot up to around $0.000021 at the start of the month. However, the PEPE price is now down to $0.000014 after almost an 18% price decline.
The PEPE price is sliding below key levels because the bears are back in control of the market. Technical indicators show a bearish sentiment among PEPE investors, and traders are now scratching their heads as their previous gains get eroded. However, some traders within the PEPE ecosystem are now switching to 1Fuel to salvage what’s left of their investments.
1Fuel presale reaches a new milestone
The 1Fuel presale has been causing waves in the crypto market as investors seek low-capcryptos with potential. The presale recently hit a new milestone of crossing $1.4 million with over 148 million tokens sold. The fast pace and strong success have caused some to tip it as the best crypto presale of the year.
Early 1Fuel investors are already winning as the presale progresses because of its guaranteed price increase. For instance, in the second presale stage, 1Fuel was worth $0.012, but the token’s price has now increased to $0.017. That’s about 40% gains in no distant time.
This has caused an optimistic feeling among investors, especially PEPE traders seeking opportunities to diversify their crypto portfolios and recoup some of their losses. With subsequent presale price increases, such investors can benefit from 1Fuel’s guaranteed short-term gains or take advantage of its long-term post-launch possibilities.
The 1Fuel Exchange will drive the project’s explosion
Besides its ongoing presale, which has been successful so far, 1Fuel has a solid roadmap that highlights its goals. The project’s major goal is to revolutionize the decentralized finance (DeFi) space with its top features.
One of these features is the 1Fuel Exchange, which brings complete decentralization to how people execute transactions. With the crypto exchange, traders can send digital assets across various blockchains without having to create multiple wallets.
For instance, you can send assets across Ethereum and Solana blockchains without having a wallet for both. That’s because of the cross-chain asset transfer that 1Fuel offers. The exchange executes the transaction at the backend, so you can enjoy quicker and cheaper transactions.
There’s also a peer-to-peer trading feature on the 1Fuel Exchange for those who want to trade assets directly with other people. This eliminates middlemen and their associated fees that make transactions more expensive. It also provides an extra layer of security, as traders can execute transactions privately.
Conclusion
While PEPE struggles with market resistance and bearish sentiments among its traders, 1Fuel promises both short and long-term gains to investors. If the early presale success is anything to go by, 1Fuel is poised to explode in the coming months.
If you missed the initial 1Fuel presale stages, there’s a limited-time opportunity to buy 1Fuel at $0.017 before the price increases in the next presale stage.
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_
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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