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Crypto values dropped drastically over the weekend after President Trump announced new tariffs on goods from Canada, Mexico, and China. The price slash began on February 1, 2025, when Bitcoin fell from around $105,000 to about $92,000. Although BTC rebounded to over $100,000 on Monday, February 4, 2025, Solana and XRP didn't do so well.Seeing how things have turned out, many Solana and XRP holders are taking shelter with 1Fuel. The new crypto is in its pre-launch phase, but analysts have already predicted that
the coin can reach 100x its current price upon its launch. Could 1FUEL become the perfect alternative to Solana and XRP? Let’s find out.
After Trump's election victory in November, the crypto market surged because of the popular belief that the new administration would create a more favorable climate for cryptocurrencies. However, the situation changed after he took office. Cryptocurrencies and related stocks fell in premarket trade in response to the most recent tariff announcement.
Trump implemented his long-awaited tariffs, which included a 25% charge on goods from Canada and Mexico and a 10% increase on imports from China. If these levies increase prices, sustained inflation could limit the Federal Reserve's ability to lower interest rates. This will negatively impact the current price of risky assets like cryptocurrencies.
As part of the crypto market, Solana and XRP were hit by the impact of Trump’s tariff announcement. The notable drop in market sentiment and the crypto fear and greed index plunged Solana’s price by about 6%, which is a relatively better performance than most cryptocurrencies. Although it's currently about $216, it's still not close to its price from last week.
On the other hand, XRP initially fell from above $3 to around $2.01 over the weekend. However, with the announcement of a temporary pause on the new tariff on Monday, February 4, 2025, XRP rebounded by about 12% to approximately $2.62.
Despite this rebound, many investors are not confident in the possibility of substantial price increases for both Solana and XRP. This explains why many investors are looking for other crypto with better long-term investment potential. This is where 1Fuel comes into play.
At the current price of $0.017 and a potential to go 100x upon its launch, 1Fuel is the affordable alternative to XRP and Solana. The coin's innovative features and market potential already give it an edge.
1Fuel was designed specifically for crypto traders. With its one-click cross-chain transactions, traders can effortlessly handle multiple assets on the same platform. This ensures swift transactions and safe peer-to-peer exchanges.
1Fuel also comes with a built-in privacy mixer, which allows users to trade anonymously while still having full access to their assets. This is ideal for players who want to avoid incidents of identity theft.
To strengthen its security features, 1Fuel has cold storage options that keep digital assets offline. But that's not all.
Early traders can benefit from crypto staking rewards of up to 10% APR by holding the native token. Imagine earning extra interest for holding a token. That's exactly what 1Fuel is programmed to do.
Due to the recent market instability following Trump's tariff announcement, Solana and XRP holders are now looking to 1Fuel as a viable option. With its unique features, current presale price, and 100x potential, 1Fuel is an ideal long-term investment.
So far, 1Fuel has raised over $1.8 million from the sale of about 177 million tokens. At only stage three, 1Fuel has shown great price potential. Don’t miss this chance to buy the best cryptocurrency at an affordable price.
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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 about the financial risks involved here.
