A Swiss Hedge Fund has exited its position in Ripple (XRP) and Hedera (HBAR) following the recent market downturn that rapidly caused their prices to decline. Instead, the fund manager has diverted its investments into 1Fuel (OFT), an emerging Web3 wallet that aims to simplify blockchain trading.
With its highly-anticipated one-click solution, investors and traders can execute transactions across multiple blockchains without paying extra fees or juggling wallets. This feature is set to streamline blockchain trading in unprecedented ways.
Let’s examine how 1Fuel can benefit this Swiss Hedge Fund.
XRP reverses after failing to take out resistance at $2.7
XRP could not break past resistance at $2.7 during recent trading sessions due to sellers dumping the coin and forcing its price lower. Its inability to maintain bullish momentum has resulted in the bears hijacking control of price action, tipping the asset into a downfall.
With the bearish influence on the Ripple coin growing stronger, XRP is now heading towards a key support area that will determine its performance in the near term. The first level within view is $1.9, and the next at $1.7. Failure to settle here will plunge XRP to $1.3.
Due to XRP’s bearish state and investors losing money, a Swiss Hedge Fund is rotating funds into a more promising project, 1Fuel, before its public debut. As of now, XRP investors are down 26.24% in the last seven days, with the asset trading at $2.30.
Short traders take over the Hedera futures market
Hedera’s HBAR has been on a steady downtrend since January 17, 2025, after reaching a four-year high of $0.41. Since then, HBAR has fallen by 39% and is poised to continue to $0.20 as short traders take the reins in the futures market.
HBAR’s long/short ratio paints a clearer picture of the bearish state of the Hedera coin. Sitting at 0.98 indicates that traders are betting on a price decrease, in which case the asset risks falling.
As a result of this development, the Swiss Hedge Fund has done a U-turn from Hedera and taken on a more lucrative project, OFT, amid its ongoing presale. Market data shows that HBAR is down 27.76% this week and now sells for $0.23.
Swiss Hedge Fund invests in 1Fuel Web3 wallet to experience seamless blockchain trading
Not every day does a fund manager turn away from popular projects and adopt a nascent one. This is one of the reasons 1Fuel is worth paying attention to. But what does it do?
1Fuel is a Web3 wallet project that aims to streamline blockchain trading by introducing a one-click solution. This feature will allow users to transact across multiple blockchains with a single click.
It eliminates the need to manage multiple wallets and pay extra trading fees, allowing you to trade seamlessly and cost-effectively.
And it doesn’t just stop there. 1Fuel also understands the need for security and privacy. So, to shield your assets from online attacks, the platform moves your funds to a more secure cold storage system offline and uses a privacy mixer to keep your on-chain activities from being monitored.
Soon, the platform will roll out its physical and virtual debit cards, allowing users to spend their assets in the real world. These cards will be available to all 1Fuel users.
1Fuel’s focus on making blockchain trading easy makes it an attractive option to top investors like the Swiss Hedge Fund.
OFT presale in Stage3 promises substantial returns
The best time to invest in a project is usually during its presale. Presales allow you to buy at a lower price for more gains than those who buy after its exchange listing.
OFT, the native token of 1Fuel, is currently in Stage 3 of its public presale, selling for $0.017. As the lowest price it will ever be, now is the best time to jump on this opportunity for explosive returns after its exchange launch.
Word among experts is that OFT could be the next 100x altcoin, making it a valuable contender against HBAR and XRP. So, don’t miss the opportunity to make a 100X profit this cycle and buy OFT now!
To Find Out More About The 1Fuel Presale Use The Links Below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
Source: https://finbold.com/why-has-swiss-hedge-fund-exited-xrp-hedera-to-move-into-1fuel-oft-and-what-is-it/