Will ETH, 1Fuel, or SHIB Boost Your Wallet Before The New Year? Experts Provide Their Analysis

Analysts have predicted that once 1Fuel launches into the crypto space, the price is expected to attain a 100x increase. This prediction is due to the massive traction recorded, especially from the OFT presale activities. 1Fuel is already at its second presale stage and selling at $0.012, which will likely rise soon. 

Read on to learn more about ETH, SHIB, 1Fuel, and why 1Fuel is a better investment.

Ethereum (ETH): Leading smart contract blockchain

Ethereum (ETH) is the second-largest cryptocurrency, with a market capitalization of $216 billion and multiple smart contracts. Ethereum started the year at $2,282.87, currently at $3,881.40, so ETH price momentum has been positive. 

According to Coinbase, Ethereum’s price has risen 1.06% in the past week. However, Sentiment analysis shows that the daily active addresses have dropped by 5.9% in the last 24 hours.

In July 2024, the SEC approved the first spot Ethereum ETFs, marking a significant milestone for cryptocurrency exchange traded funds. During this time, ETH maintained its $3000-$3500 range but started to drop from August 2 until it rose again in November. Ethereum spot ETFs recorded over $1 billion in inflows in just two weeks. Analysts predict Ethereum may also experience bullish sentiments, just as Bitcoin did when its ETF was launched. 

However, there’s no strong signal that ETH will reach its high selling pressure of $5,000, as it’s surrounded by strong competitors like Solana.

1Fuel: An emerging DeFi token

1Fuel could be among the 10 best cryptocurrencies for investors in the coming year. This new project is set to boost investors’ wallets by 100x. Also, investors who adopt this project early will enjoy multiple benefits that will yield a profit of 500% and more! Early investors will get an automatic 20% bonus on all presale purchases. Furthermore, 11% of the total token supply is allocated to liquidity providers, ensuring stability and enhancing market confidence.

1Fuel is not just a regular coin; it’s a strong contender against existing altcoins. This new development will implement a Peer-to-Peer (P2P) cryptocurrency exchange where users can buy and sell without an intermediary. Additionally, users will be able to conduct cross-chain transactions that eradicate the need for multiple wallets.

Shiba Inu: Can the meme coin rally again?

Meme coins like Shiba Inu (SHIB) often cause debate about its inclusion among the 10 best cryptocurrencies for investment. This argument is based on SHIB being a speculative token, while the price momentum heavily relies on its community hype.

In early November, Shiba Inu price rallied high and ended the month at $0.000026, thanks to the influence of President Trump’s election victory. In addition, SHIB’s burning mechanism has always been high, causing scarcity, which drives market price. However, TradingView reported that the burn rate for the last 2 days has drastically reduced by more than 80%.

SHIB’s daily active addresses have changed by -11.82% in the last 24 hours, at $.000028 and a market capitalization of $16.58B. With the current price momentum, analysts doubt that Shiba Inu will reach its 2021 all-time high of $0.00008 before the New Year or shortly.

1Fuel: 100x new year gain for investors

1Fuel is a profitable choice for investors looking for sustainable and long-term gains. Experts have predicted that the OFT token will yield 100x gains for investors next year. Once this project is launched, traders will have access to virtual and physical cards that allow them to spend their crypto in the real world. All digital assets can be securely stored and managed with 1Fuel, simplifying the process for traders and reducing their responsibilities

Invest in 1Fuel today and watch your portfolio grow by 500% in the new year!

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