PROMO
by BSCN
February 25, 2025
1Fuel (OFT) gains momentum with $2.3M in early sales, attracting XRP and RLUSD holders. Explore its features and market impact.
Recently, market optimism in the cryptocurrency market has been on the low side as top cryptocurrencies follow downward trends. Ripple (XRP) and Ripple USD (XRP RLUSD) are not left out in this market correction, and investors are beginning to opt out, seeking new opportunities.
Despite the overall downturn in the crypto market, certain cryptocurrencies have not been affected, as investor's excitement is being geared up toward them. One of these cryptocurrencies is the new altcoin, 1Fuel (OFT), currently in its fourth presale stage and has been on an uptrend in the past couple of weeks while selling at a discounted rate of $0.018. Read on to find out why.
After its recent high of $3.41 on January 16, 2025, XRP has been experiencing new lows. At press time, XRP is priced at $2.49, with more potential to fall as investors sell off their assets. Further analysis on Coinglass reveals XRP’s netflow has declined and now stands at $17.84 million. Although Ripple's launch of its stablecoin, Ripple USD, helped in increasing market activity during the December rally, XRP has however, declined drastically.
XRP RLUSD, launched to provide a stablecoin for the market and improve liquidity flow into XRP, is yet to gain adequate traction. Since its inception, RLUSD’s market capitalization has grown, peaking at $53.08 million. In comparison, another stablecoin, USDC recently minted an additional 250,000,000 USDC—five times RLUSD’s market cap. This lack of demand among large investors suggests limited enthusiasm for RLUSD, despite its expected benefits for XRP.
As XRP declines, with experts' analysis pointing to a potential further drop, RLUSD has failed to establish itself as the preferred stablecoin for crypto trades. As a result, investor sentiment toward the Ripple ecosystem is turning bearish. Meanwhile, attention has shifted to 1Fuel, particularly as it surpassed the $2.3 million milestone as the market opens this week.
1Fuel has been recording massive token sales; recently, 1Fuel grossed over $2.3 million within a few weeks, with analysts predicting a complete sell-out could occur soon. Several investors, including holders of XRP and RLUSD, have been rallying towards 1Fuel. Its potential to skyrocket in the coming weeks and stellar innovations have caused investors to fund the token.
1Fuel will be offering an all-in-one cryptocurrency wallet and exchange that will enable users to trade, swap, stake, and store their digital assets. Within 1Fuel’s cryptocurrency wallet is the one-click multichain feature, which will ensure users no longer struggle with multiple cryptocurrency wallets and also increase their speed when transacting.
With 1Fuel, users will have access to more than thousands of cryptocurrencies with its peer-to-peer feature. This feature will terminate the need for third-party interference, further giving users privacy.
In the bid to maintain user privacy, 1Fuel will be integrating an inbuilt privacy mixer aimed at ensuring all transactions are kept anonymous. Additionally, 1Fuel’s cold wallet will help ensure that investors' funds are not compromised, shielding investors away from online threats and cyber thefts.
As market optimism dwindles, XRP and RLUSD holders are beginning to pivot to better alternatives, with 1Fuel being on their top list. Analysts are betting 1Fuel could experience another price surge as token sales increase and investors could potentially get up to 100x post-launch. The best time to purchase 1Fuel is now while it still sells at a low price of $0.018.
Don’t wait—get 1Fuel now with a 20% bonus on all your purchases!
To Find Out More About The 1Fuel Presale, Use The Links Below:
Website | Telegram | Twitter / X
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $250. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Latest News
1h : 50m ago
OKX to Pay $500M+ to Settle DOJ Charges – What Went Wrong?
3h : 5m ago
How Much Bitcoin Strategy (Previously MicroStrategy) Holds After Recent $BTC Acquisition
5h : 50m ago
Canary Capital Filed for a Spot HBAR ETF – Will It Be Approved?
February 24, 2025
Will Pump.fun Launch Its Own AMM? What Does It Means for the Solana Ecosystem?
February 24, 2025
Is Kanye West Launching his Memecoin?
February 24, 2025
The Biggest Bybit’s $1.4B Crypto Hack: How It Happened & What’s Next
February 22, 2025
Weekly Article Recap: 2/17-2/21
February 22, 2025
Pi Network Officially Responds to Bybit CEO's Allegations