Whenever we see a slight market dip, one question gets louder, “How far down will prices go?” As more people project a further dip in Bitcoin, possibly reaching $64,000, many investors are looking to pivot from it and other large caps like XRP. Let’s understand why 1FUEL is at the top of their list of coins that could 100X soon.
Bitcoin (BTC): The number one store of value in the crypto world
Bitcoin has been on an impressive price rally and dominated the market for over a year, returning more than 100%. However, most of the narratives that pushed it upwards are fading. For example, while many believed Bitcoin would go up when inflation fears were high, this reaction seems to take longer nowadays.
When money printing goes up through interest rate cuts and government balance sheet expansion, the Bitcoin price rises. However, this short-term action isn’t always about protecting money against inflation. Instead, it’s largely because there’s plenty of cheap money since borrowing is cheaper.
Once inflation starts kicking in many months later, many of these investors take profit. This causes a dip in the Bitcoin price. As rate hikes return to control inflation, investors get more conservative. The correlation people expect between Bitcoin and interest rates seems to have a considerable lag.
And while more investors keep some coins even when they sell, it’s still not enough to say that ordinary people have fully bought into the inflation hedge play. So, as many wait for this to happen, they are being forced to look elsewhere for sizable gains during Bitcoin dips.
XRP (XRP): The decentralized cross-border payments booster
XRP attracted many investors because it showed that it could be more than a store of value. This project aimed to simplify the transferability of a digital asset so it could be used as an actual currency. Indeed, XRP has made significant strides in the payments game, serving as a bridging currency for many cross-border payments that involve currency conversions.
XRP has also massively simplified the user experience for those doing these transfers. However, due to its long legal battle with the U.S. government, many remained skeptical about how protected their actions would be when using XRP payments. While XRP won big in this battle, there’s still some confusion over where the project lies.
Is it run on a public blockchain? How decentralized is the network? Who is accountable in case there are issues with your XRP payments? As XRP works to clear the air on all this, some investors will look elsewhere for quick profits.
1FUEL (OFT): The super-versatile decentralized finance solution
1FUEL has emerged as a project that could deliver way more than the two large caps above do. This exchange will enable investors to stake tokens and earn from the 4% allocated to trading rewards. Remember, 1FUEL will support cross-chain trading, so the reward pool will be larger than it seems.
1FUEL will also offer a crypto debit card for spending the crypto in your wallet wherever bank cards are accepted. As your coins move from your wallet to the destination, 1FUEL’s built-in mixing capabilities will conceal their path to protect you from malicious actors.
You’ll also be able to park your inactive coins in military-grade cold storage to keep them safe. 1FUEL’s AI-powered features will also help you trade and transact in the most cost-efficient manner possible.
Why you should join the 1FUEL presale
1FUEL’s presale has progressed to stage four, with the price rising to $0.018 per token, which shows a strong commitment from investors. Nearly 10% of the stage four tokens have been taken in just a few days, meaning the remaining ones won’t be around for long. So, if you want to capitalize on the multipurpose DeFi app trend, buy some 1FUEL right now.
Conclusion: Could 1FUEL return more profit than Bitcoin and XRP?
Bitcoin and XRP markets are reaching maturity, but many investors are increasingly wary of a dot com era-like disruption, where earlier innovations got outcompeted by better ones. If you’re looking for such a move, look no further than 1FUEL. Buy some cheap 1FUEL tokens to cash in big when older crypto innovations give way to new technology.
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_
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Source: https://www.livebitcoinnews.com/bitcoin-btc-could-return-to-64k-by-june-says-analyst-1fuel-super-fast-tech-rivals-xrp-making-100x-presale-tempt-big-gamblers/