Despite the recent market recovery, very few cryptocurrencies have shown potential for a move up like BONK, as the memecoin suffers from a lack of market interest. Meanwhile, 1Fuel and KAS are touted as the best cryptocurrency investments traders can make this season, with market analysts laying more emphasis on 1Fuel.
The numbers are backing investors’ claims on why 1Fuel (OFT) is the best cryptocurrency investment. 1Fuel’s presale phase 3 currently has gained over $1.4 million, potentially crossing $2 million in days.
With limited tokens available, its price is predicted to surge potentially higher by 100x upon launch from the current $0.017 move BONK and KAS are unlikely to replicate.
BONK confined in a bearish channel
BONK has been decidedly bearish among market investors, who have been selling the asset, a movement that started on November 20, 2024, and the bearish wave appears likely to intensify.
Using the price range tool on the BONK/USDT chart, since peaking at $0.00006230 on November 20, it has lost over 48% of its value and could continue to slide lower.
A closer look at the chart shows the reason behind the expectation for a further drop in BONK comes after its recent rejection from a resistance trendline on the chart, a level known to mount selling pressure on an asset.
Concerns amidst promising future for KAS
Investors’ gains on KAS have been on a steady declining path. According to CoinMarketCap, after returning a total gain of over 77,000% from its low of $0.0001699, the asset’s performance has continued dropping, with only a 35.31% gain in the past year and a 13.01% gain in the past month.
The steady drop in KAS gains over the years and since its launch can be attributed to the growing supply of the asset.
According to Kaspalytics, the asset’s supply has hit its highest point since launch, crossing 25.06 billion tokens now available to trade. Increases in supply such as this, by default, cause prices to fall, with KAS declining by 3.32% in the past 24 hours.
Investors consider KAS among the best cryptocurrencies to purchase because of its relatively low price of $0.1332. Now, the focus is entirely on 1Fuel, expected to pull a significant stunt in the market.
1Fuel’s potential remains fit as the right alternative
With BONK completely bearish and KAS facing supply issues, 1Fuel remains investors’ viable option to pull a major market breakout this season.
The high level of interest in 1Fuel comes as it has a solid use case backing the asset with its cryptocurrency wallet and great tokenomics, ensuring a limited supply of the asset in the market.
1Fuel’s crypto wallet is currently in the development phase, and it’s set to introduce unique and innovative features that work to benefit users. Its cross-chain function, eliminating multiple steps involved in trading a single token across different chains in just one click, is the most anticipated, according to analysts.
Other key functionalities of the wallet, like its P2P exchange, privacy mixers, and staking-to-earn options, make it a powerhouse that would attract market liquidity, particularly in a bull run, as such activities tend to occur simultaneously.
On tokenomics, 1Fuel has chosen the presale path, allowing users to buy in early, having a say in future events and growth through governance rights, and attaching more uses to the token itself.
Conclusion
1Fuel is staying ahead on the list of best cryptocurrencies to watch out for in 2025. Its fundamentals, such as tokenomics, blockchain solutions, and real-world use cases, will keep it relevant beyond Kaspa and BONK in the evolving crypto market.
Now’s the best time to join the 1Fuel presale to secure your stake for massive gains this year.
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://www.cryptopolitan.com/kaspa-1fuel-imminent-to-catapult-up-as-bonk-looks-on-the-way-out-lets-understand-why/