.png){kind=logo}
The crypto bull run that Kickstarted when Donald Trump was announced the winner at the pools saw many cryptos hit unprecedented highs. This was the same scenario for Binance Coin (BNB), which hit an all-time high of $788.84 on December 4, 2024. The upward trajectory soon stopped, with BNB facing investor scrutiny. The token's price is currently 9.84% below the ATH
While this is ongoing, BNB investors are advised to purchase alternative tokens with growth potential. The most highlighted alternative by analysts is 1Fuel (OFT). The token is currently in the third stage of a successful presale so far. Based on its metrics and real-world use case, analysts expect the token to increase by 500% when it officially launches.
Analyzing Binance Coin, you can see that there are no issues with its tokenomics and use case. It's still the same old BNB. Why, then, are investors worried about the coin and in search of alternatives? The answer is simple, “Binance.”
Currently, the exchange platform is facing a class action lawsuit from the US Supreme Court. Additionally, the SEC is investigating whether BNB was a security at the time of its Initial Coin Offering (ICO). These legal challenges have, therefore, raised concerns among investors.
If Binance falls to any of these suits, it would be catastrophic for BNB holders. For those looking for a haven, 1Fuel is the answer based on metrics and usability.
Most new tokens on the market fail to offer utility, as they are heavily driven by hype. This isn't the case for 1Fuel, as it is on a mission to revolutionize Decentralized Finance. Aside from value, the token is expected to provide solutions to the technological hurdles within the sector.
1Fuel is introducing a whole new level of functionality by launching a cryptocurrency wallet that automates complex operations while ensuring privacy and security. This will allow crypto users to trade digital assets more comfortably. The best part is its ease of use for new and pro traders.
The team behind the token created it to benefit the industry and holders. With a staking mechanism in place, holders get a 30% reward. A peer-to-peer exchange would also allow you to trade your tokens easily. The cherry on the cake is 1Fuel's plans to launch debit and credit cards. This will enable you to spend from your crypto wallet in the real world.
At the moment, 1Fuel is in its third presale stage. It has been an ongoing success, as the initial stages were cleared in record time. 142,261,629 tokens have been sold, and more are sold by the minute. $0.017 is the current price, the lowest the OFT would ever be. Therefore, now is the best time to buy.
No one can tell when Binance will overcome its financial troubles. Holding on to its native token could be unsafe for your portfolio in the long run. It's advisable to branch out, investing in a token that is poised to reward investors greatly. Want to be an investor that reaps gains of 500x? Buy 1Fuel (OFT) and watch your investment soar when it launches on crypto exchanges.
If you would like to find out more information about the presale:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
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.
