Pepe (PEPE) news is making waves in the meme coin market as investors look for the next big opportunity to hop on. Its recent price recovery efforts may be attracting a lot of traders' activity behind the scenes. Dogecoin (DOGE) and Jupiter (JUP) holders are now exploring 1Fuel (OFT) as the next 50x play in the anticipated market rally. Market trends are constantly shifting, so smart investors are getting in before the crowd and hype.
PEPE news has not been positive in the past two months. It has lost nearly 50% of its value in the past month alone. It managed to hold the $0.000010 support level, but it is still down by 64% from its high In December.
The sentiment leading up to Tuesday seems bearish for the third-largest meme coin by market cap. A PEPE sell-off has been triggered by the declining figure in futures open interest. Open interest is recorded to have dropped from $556 million to $258 million.
PEPE recently formed a death cross pattern as the 50-day and 200-day weighted moving averages crossed, giving a very bearish signal. Despite this, many traders seem to be holding on to their PEPE as the number of holders climbed to 404,100, up from 384,000 in the past month.
PEPE’s daily trading volume has increased by 3% in the last 24 hours to $857 million, while its market cap has dropped by 6.47% to $3.84 billion. This confirms a lot of holding and caution as investors wait for a full market confirmation.
Unlike PEPE, DOGE, and JUP, 1Fuel (OFT) is still in its ICO stage. This presents a much higher opportunity for growth to investors looking to make huge gains. The numbers below explain why investors holding DOGE and JUP are investing in 1Fuel (OFT).
DOGE currently has a market cap of $37.12 billion and a daily trading volume of $1.48 billion. JUP has a current market cap of $1.93 billion and a daily trading volume of $338.77 million. On the other hand, 1Fuel (OFT) is in an ongoing 4th presale stage at $0.018.
Investors from Dogecoin and Jupiter who jump into the presale stage now could expect a 1288.89% or 13.89x increase if 1Fuel (OFT) increases to DOGE's current price of $0.25 and a 3955.56% or 40.56x increase if 1Fuel (OFT) Increases to JUP's current price of $0.73.
This massive profit potential has attracted some of these investors to join the 1Fuel presale in anticipation of its ICO Launch. 1Fuel (OFT) will introduce a comprehensive solution that offers the most seamless, secure, and efficient way to manage digital assets.
Its suite of features will include a one-click technology that simplifies cross-chain transactions, an inbuilt mixer for heightened privacy security, advanced AI integration that would automate portfolio management and tax reporting, a secure P2P exchange, a military-grade cold wallet storage, and a crypto card for everyday transactions.
1Fuel's ongoing presale offers a juicy opportunity for massive returns to investors looking for where to invest their funds. Take advantage of the price discount at $0.018 before it increases in the next presale stage.
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