Shibarium is a new milestone for Shiba Inu; the number of tokens burned surged over 900%. However, the milestone has not resulted in the much-needed price momentum for Shiba Inu. Meanwhile, 1Fuel, with its unique cross-chain features, will dominate the crypto market. Its early backers have seen over 40% returns in its presale, and analysts are banking on OFT to push the market into overdrive.
There has been explosive burn activity in Shiba Inu recently. More than thirty million SHIB tokens were burned on January 19, a 951.63% increase as reported by Shibburn. Almost 91 million SHIB tokens burned last week and its weekly burn rate increased by 40%.
The high burn rate is yet to stabilize Shiba Inu's price as bearish. Shiba Inu lost 6% in the previous day and 17% in the last two days. This implies that challenges in the broader market override the impacts of the increase in the burn rate.
Shiba Inu has dropped below $0.000025 and $0.00002, but it reclaimed the $0.00002 support, highlighting its current volatility. Analysts consider SHIB as one of the top meme coins for 2025 if it can stabilize above $0.000021. Without this, the price may continue to fall to $0.000019.
However, a rally could allow Shiba Inu to break through the $0.000024 resistance, making it one of the top meme coins to consider this year.
1Fuel is on a mission for easier and much safer transactions that its users would actually enjoy, using one-click functionality for cross-chain transactions without one having to deal with multiple wallets for network fee reductions or asset transfers with complete ease-all part of 1Fuel's click feature.
Privacy is still one of the core aspects of 1Fuel's unique design. The project's integrated privacy mixer ensures that transactions are anonymous, as they are mixed with other actions, thus hiding users' financial activities from third-party surveillance. This privacy-focused approach makes 1Fuel one of the most promising projects in a market where data security is increasingly prioritized.
The utility of 1Fuel extends far since it integrates debit and credit cards. As such, users can spend their cryptocurrencies in real time, then directly make everyday transactions, that is from small purchases to major expenses within fiat currency, due to their seamless conversion.
In terms of asset protection, 1Fuel offers military-grade cold storage. This offline solution safeguards holdings from online threats, providing unmatched security for investors’ digital assets.
Over 146 million tokens have been sold as the presale enters stage 3. OFT tokens are selling at $0.017, and 1Fuel has gained considerable investor attention. With its solid fundamentals and unique features, 1Fuel is poised to be a major contender in the altcoin sector in 2025.
For more information about 1Fuel presale, visit the links below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter/X - https://x.com/1Fuel_
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