Polkadot & Chainlink Prices Come Under Big Pressure As Exchanges Like 1Fuel Look To Overtake

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Over the years, Chainlink (LINK) and Polkadot (DOT) have earned their place among the best cryptocurrencies to buy. Yet, they cannot stop 1Fuel from stealing the attention of investors who appreciate innovation and utility-backed growth. 

With a low presale entry of $0.017, 1Fuel’s ongoing presale is a huge success, having raised over $1.5 million through OFT token sales.

Read on to discover why experts back 1Fuel to deliver 100x returns as the best crypto presale from this moment and why it will outperform LINK and DOT in the upcoming bull cycle.

Amid the broader crypto selloffs, Chainlink (LINK) has dumped over 7% compared to the previous week, causing profound investor losses.

Looking at its charts, Chainlink ended 2024 on a positive note, soaring to its yearly high of $30.94 in December. However, Chainlink’s price corrected shortly afterward, and it has remained volatile ever since.

In the final week of January, Chainlink exchanges for $23.29, down over 20% from its December high.

Polkadot holders seek refuge in the 1Fuel altcoin

The Polkadot price movement has shaken investor confidence over the past week. For context, DOT reached a high of $7.56 in early January, leading many investors to predict further gains.

However, Polkadot could not sustain its upward trajectory. Today, 28th, Polkadot is trading for $5.89, down 10% over the past week and nearly 16% in the past month.

With declining trading volumes, analysts say the Polkadot outlook remains bearish and that DOT volatility may continue into February.

Is 1Fuel the best crypto presale?

Looking to recoup losses, investors who entered DOT and LINK before their respective dumps now seek the best cryptocurrencies that provide consistent yet explosive growth even in a bear market. This search has brought them to 1Fuel.

At its core, 1Fuel makes blockchain technologies more accessible by offering a secure one-click cross-chain wallet. 

Using 1Fuel, you can finally forget about countless tokens and excessive gas fees. Just select the crypto you want to use, specify the asset you want to own (no matter the network), then sit back and allow 1Fuel to perform the technical swaps on your behalf.

Experts agree that 1Fuel’s ease of use and cross-chain capabilities make it an essential tool for the future of decentralized applications and decentralized finance.

1Fuel is now in its presale phase, selling over 160 million OFT tokens and raising over $1.6 million. The presale price of OFT is $0.017, and it is expected to produce 100x returns when 1Fuel hits major exchanges.

This presale event also offers OFT at the lowest possible price, giving ambitious investors a means to make explosive returns on a relatively tiny investment by securing an early entry.

Conclusion

Chainlink and Polkadot are undoubtedly strong altcoins to own. However, recent sell-offs are pushing their investors to get 1Fuel, which presents a golden chance to offset these losses through its focus on utility and innovation. 

Want to secure 1Fuel tokens at just $0.017? Join the presale today and claim your share of unparalleled 100 returns in the coming months. 

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

X: https://x.com/1FUEL_?s=21

Source: https://coinedition.com/polkadot-chainlink-prices-come-under-big-pressure-as-exchanges-like-1fuel-look-to-overtake/