For years, meme coins like Shiba Inu and Dogecoin have struggled to prove their real worth, leading to sell-offs in recent times.
As the crypto market gravitates towards projects with real value, 1Fuel emerges as a standout thanks to its low entry price and $1.7 m presale.
In this article, we unpack the recent Dogecoin and Shiba Inu sell-offs while exploring why the experts back 1Fuel to generate 100x returns as the best crypto to invest in.
In the opening week of February, the Dogecoin price is down 17%, giving holders much to desire.
For context, DOGE previously rallied to $0.38, fueled by a subtle endorsement from the Elon Musk-led Department of Governmental Efficiency. Many experts predicted the Dogecoin price rally to continue, however, DOGE has failed to live up to expectations.
Today, the DOGE price is $0.27, which represents 6% losses compared to the previous 24 hours and 28% compared to the previous month.
Similar to Dogecoin, the Shiba Inu price has faltered in recent weeks, causing profound losses for investors.
Like many altcoins, Dogecoin and Shiba Inu are currently bearing the consequence of Trump’s new tariffs against Mexico, Canada, and China. Increasing tariffs usually boost inflation, risking higher Fed rates, which are historically bad for crypto prices.
At the time of writing, Shiba Inu exchanges for $0.000015, down 6% in the previous 24 hours and 14% compared to the previous week.
After the recent market downturn, many investors now seek the best altcoins that offer consistent yet explosive growth, such as 1Fuel’s wallet altcoin.
At its core, 1Fuel solves the interoperability challenges that hinder widespread blockchain adoption.
In practice, using 1Fuel, you can forget about multiple wallets and excessive gas fees. Just select the token you want to use for trading, specify the crypto you want to own (no matter the network), and then sit back and relax as 1Fuel takes care of the rest.
Experts agree this ease of use and cross-chain interoperability position 1Fuel as an essential tool for the future of decentralized applications and decentralized finance.
Additionally, -1Fuel is now in its presale phase, raising over $1.7 million through OFT token sales.
The OFT presale entry is just $0.017, and it is expected to rise 100x in the coming months. This presents early adopters with the chance to watch a tiny investment skyrocket when 1Fuel makes its public launch.
The current wave of investors is no longer attracted to the random price hikes of meme coins like Dogecoin and Shiba Inu. Instead, they are opting for the best altcoins like 1Fuel, which offset losses through its focus on growth that is backed by innovation.
Whether you're a seasoned investor or a rookie, the time to act is now. Join the 1Fuel presale today and position yourself for unmatched 100x gains when 1Fuel hits leading exchanges.
To Find Out More About The New 1Fuel Presale, See The Website & Socials Here:
Presale: https://www.1Fuel.io/
Telegram: https://t.me/Portal_1Fuel
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.