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As Dogecoin’s volatility leaves investors uncertain, the 1Fuel presale gains momentum with its DeFi wallet and 100x potential for 2025.
Dogecoin (DOGE) has experienced significant volatility due to political events and various influences impacting the crypto market. Currently, Dogecoin is trending towards a lower closing price compared to its opening price. While DOGE is sending mixed signals about its price direction, many investors are securing presale positions in a new token called 1Fuel (OFT).
The presale for 1Fuel is breaking records, leading many to question whether it might be a better investment choice than DOGE for 2025. Let’s explore why these altcoins should be on the radar.
DOGE leaps 13% before dropping to previous price levels
Dogecoin may be underperforming now, but that’s a far cry from its performance earlier this month. Last Wednesday, Bitwise, through CSC Delaware Trust Company, filed for a Dogecoin Exchange Traded fund (ETF).
Following the disclosure of Bitwise Asset Management’s plan to pursue approval for a Dogecoin ETF, DOGE soared 13% from $0.34 to $0.4. The price jump indicates what investors expect for DOGE’s prospects in the market. Once Bitwise’s Dogecoin ETF is accepted, it could encourage the creation of other meme coin ETFs. From all indications, this is looking very likely, considering Elon Musk’s influence and the new regulatory landscape.
Furthermore, the regulatory approval of investment products often comes with increasing interest from institutional investors. The approval enables them to comply with regulations while getting crypto exposure. Should the SEC approve a Dogecoin ETF, it could encourage more conservative investors to hold the meme coin. With higher demand also comes higher prices.
However, following news of Bitwise’s plan to apply for Dogecoin ETF approval, the token dropped to previous levels. Gaining investors’ confidence to buy into DOGE may not be easy until the ETF is approved.
Can 1Fuel be the best investment opportunity of 2025?
Crypto wallets haven’t advanced much in years. They still require multiple apps, many approvals, and sacrificing privacy for convenience. With the arrival of 1Fuel, a disruption is about to take place.
This crypto wallet allows users to move assets across multiple chains with 1-click, it all happens in the background. With a built-in privacy mixer and disposable wallets, user transactions are completely anonymous.
Financial inclusivity is a growing narrative, particularly in parts of the world where many individuals are unbanked due to the high requirements set by banks and other traditional finance institutions. 1Fuel runs a peer-to-peer exchange, which means, literally anyone with a smartphone and internet can trade directly without involving any third party.
With the incoming introduction of physical and virtual cards, real-world spending is on the way. Users will soon be able to use crypto the same way they use a regular bank account. This alone sidesteps the usual on-ramping and off-ramping headaches. When crypto is easy to spend, adoption accelerates naturally.
From a security perspective, institutional investors are beginning to take notice, 1Fuel’s smart contracts were independently verified, giving the project an additional layer of trust that’s difficult to come by in most new projects. Furthermore, staking rewards of up to 30% APR indicate that long-term holders stand to benefit in multiple ways.
There are already more than 1,200 token holders in presale, and all signs indicate serious momentum. Time is running out to grab 1Fuel tokens early at the lowest price. Seasoned crypto investors know it’s all about locking in their positions before the market catches on.
Conclusion
While investors are unsure about where an established altcoin like Dogecoin is headed, 1Fuel is more predictable. This utility-driven DeFi wallet is set to launch on major exchanges, with analysts predicting a yield as high as 100x upon launch.
To learn more about 1Fuel, visit the website, Telegram, and Twitter.
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