Binance Coin (BNB) and Internet Computer (ICP): 1Fuel’s Strategic Launch Could Spell Huge Gains for Both
The cryptocurrency market underwent multiple price corrections during the previous weeks as both Binance Coin (BNB) and Internet Computer (ICP) demonstrated weakening price performance. The market adjustments have forced investors to look for tokens with substantial profit potential. The altcoin 1Fuel demonstrated resistance to market declines during the recent weeks despite the general market devaluation.
Still, in presale phase 4, 1Fuel (OFT) has been experiencing massive token sales, with more than $2 million worth acquired in a couple of weeks while selling at a discounted rate of $0.018. Read on to find out why.
Investors take profits following BNB’s short rally
On February 13, BNB price increased, reaching a new high of $735; however, this price pump was short-lived as the BNB coin soon assumed a bearish trend. The recent surge in BNB price is a result of several factors, particularly, the recent memecoin frenzy that has hit the BNB chain, with several memecoins created and a dedicated $4.4 million from the Binance team to support successful meme tokens on its chain.
Despite these developments, BNB’s short price rally is beginning to die down, with its price currently at $668.20, and its volume dropping by 13.62%. This reveals investors’ gradual sell-offs of the BNB coin as they take profits.
ICP price continuous dump pushes investors to new token
ICP last witnessed a significant rally on December 7, 2024, reaching an all-time high of $15.595. However, the market experienced an upward rally but following this momentum investors began to sell their positions and extract profits. At press time, ICP has been seen to have declined halfway and is currently priced at $7.065. A study of the Relative Strength Index (RSI), used to determine market trends, shows that ICP is bearish with a reading of 36.26.
The market sentiment needs to shift from negative to positive before ICP can expect a price recovery. The market has found alternative investment opportunities through 1Fuel because its future 2025 launch presents the possibility of significant financial gains.
Why 1Fuel’s strategic launch could result in massive gains
Multiple financial analysts expect that 1Fuel will become a leading cryptocurrency which will generate up to 5000% profit for investors after its launch. Numerous crypto whales have acquired 1Fuel tokens due to analysts who predicted a 5000% profit potential for investors after launch. The potential of 1Fuel depends entirely on its utility because it aims to revolutionize decentralized finance (DeFi).
1Fuel’s long list of launches happening in 2025 is set to boost 1Fuel’s price as more whales come in, leading to a major price rally. First, there’s 1Fuel’s listing on cryptocurrency exchanges happening this Q1, which will allow easy trading for 1Fuel and open it to market liquidity. Secondly, the upcoming Q2 to Q3 launch of its revolutionary cryptocurrency wallet will transform the entire cryptocurrency industry operations.
The wallet provided by 1Fuel gives users the ability to access a wallet across multiple chains and eliminates the requirement for separate cryptocurrency wallets. The planned peer-to-peer exchange system of the platform enables users to trade directly with each other without requiring any third-party involvement.
Conclusion
1Fuel has strategically positioned multiple launches throughout the year on its roadmap despite the declining investor attention towards BNB coin and ICP. Analysts believe this will bring in more liquidity for the asset, which will lead to a major price rally from $0.018 to $1 this bull cycle.
Don’t wait, get 1Fuel now with a 20% bonus on all your purchases!
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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