The AVAX price trajectory has been electrifying in December, with big bounces followed by sharp dips before clawing back the gains and then some. AVAX isn’t alone in its quick draw price action, with LINK also keeping investors busy. It has now hit a resistance level after frantic November activity. At the same time, 1FUEL’s presale has raced into stage two with projected staking returns of 30% APR. Read on for more.
AVAX started out Monday riding high on a price of $54.01 but by 8 pm, it had fallen steeply to a low of $40.60. It wasn’t until Thursday that the price correction was reversed to a point where AVAX was trading back above $50. Since then, it has fallen back below $50 one more time – dipping to $49.80 on Thursday – and risen to $54.44. At the time of writing, prices have settled around the $52.00 mark.
Analysts have key AVAX resistance levels dialed in around this level, at $48.29 and $54.40, so there could be more volatility to come before the end of the year. However, there is also the potential for consolidation and even bullish momentum, with Avalanche announcing that it has secured funding of $240 million via a locked token sale. This funding has spurred AVAX prices higher and prompted a 13.17% increase over the last 24 hours.
While AVAX’s trading volumes and market cap have also increased as it plots advances in scalability and development, it isn’t the only name-making waves for its blockchain technology innovations. 1FUEL has set a white-hot pace in Stage 1 of its presale with projected returns in excess of 500%, along with 100x returns on launch and staking returns of 30% APR.
LINK has been tearing through the price charts of late. It gained 70% during the November bull run and has built on that with 52% gains as we approach the December mid-way point. It also hit a three-year high, peaking at $30.94 overnight on 13 December, just shy of its next resistance level of $34.50. That said, the price has seen retreated, falling to $27.71 by late afternoon.
The current LINK price levels may not tell the full story, however, and we could be seeing the calm before the storm. That’s because Donald Trump’s own cryptocurrency project, Liberty World Financial, snapped up $1 million in LINK tokens on 12 December. Analysts suggest a LINK price correction could be imminent and hit around the $36.40 marker, but an upward trend should resume in 2025.
Like LINK, another coin that is undoubtedly on an upward trajectory is the breakout, privacy-focused cryptocurrency, 1FUEL. Stage one of its presale attracted global buzz, with analysts projecting 500% returns for early investors and staking rewards of 30% APR. With stage one completed, it’s now racing into Stage two.
Much like AVAX and LINK, 1FUEL has enjoyed a strong end to 2024. Its presale is one of the hottest of the year, with whales from across the crypto industry flocking to Stage one. Now, Stage two is underway, with a current price of $0.012 alongside a 20% bonus on all purchases.
1FUEL is set to be a game changer, thanks to one of the biggest blockchain technology innovations ever seen – simplified, streamlined, secure, private, and accessible one-click, cross-chain transactions. The 1FUEL system takes care of everything following the coin selection stage, meaning users don’t need to know how to juggle multiple wallets or deal with multiple network fees. The one-click approach significantly broadens adoption potential and means millions of users currently locked out of crypto could get started with 1FUEL.
1FUEL has a laundry list of advantages, with a fast, safe P2P exchange, accessible cold storage, an advanced privacy mixer, and debit and credit cards launching soon.
The second stage of the 1FUEL presale is happening now. Don’t sleep on your chance to be a part of the future of crypto. Experience 1FUEL’s blockchain technology innovations for yourself with 30% APR staking rewards and 100x returns on public launch.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.