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Cryptocurrency News Articles

Bittensor (TAO) Loses Popularity as Internet Computer (ICP) and 1Fuel (OFT) Gain Momentum

Jan 18, 2025 at 02:46 pm

The popularity of Bittensor (TAO) has dropped to its limit, especially as the value of the token declines. Because of this, investors are paying more attention to alternative altcoins like Internet Computers (ICP) and 1Fuel (OFT).

Bittensor (TAO) Loses Popularity as Internet Computer (ICP) and 1Fuel (OFT) Gain Momentum

The popularity of Bittensor (TAO) has dropped to its limit, especially as the value of the token declines. Because of this, investors are paying more attention to alternative altcoins.

The value of Internet Computer (ICP) suddenly rebounded in the past week, gaining more interest with the innovative blockchain. As for 1Fuel, it is gaining a lot of momentum, especially with its strong community and advanced DeFi ecosystem.

The Value of TAO Declines Ahead of 2025

Bittensor (TAO) recently declined significantly, dropping by a massive 16.83% in the past month and 1.64% in the past seven days. It was previously a favorite among crypto enthusiasts, especially after TAO increased by 106.74% in 2024, but it has now been struggling to maintain its momentum.

Even after all the setbacks, TAO is still an altcoin to watch in 2025. Currently trading at $442.30, analysts have made sky-high projections for TAO in 2025, expecting its value to increase by 135%. The token can now be accessed on different wallets, including Core Wallet and Ledger.

ICP Surprises Investors by Rebounding Last Week

Internet Computer (ICP) had a pretty poor performance in the past year, losing 16.26% of its value and leaving investors disappointed. But investors are now excited by the sudden turnaround, with ICP rebounding by 6.98% in the past week and only a slight decline of 0.66% in the past 24 hours. This has interested many investors, which includes Ledger and Core Wallet users.

This unexpected growth has sparked optimism, with experts suggesting that ICPs’ price could climb by as much as 700%, potentially reaching new highs in the coming year. Supported by the recent price breakout and recognition from investors, ICP has now become one of the best DeFi tokens in 2025.

1Fuel Gains Widespread Community Support

1Fuel (OFT) is now driven by a large community, which makes it a top altcoin to watch in 2025. Its impressive presale progress has also proven the community support, selling over 141 million tokens and raising $1.3 million. The presale is already in stage 3, after the quick completion of stages 1 and 2, revealing the investor excitement.

One of the main factors making investors so enthusiastic is the DEX wallet, which is attracting a strong community of early investors that want to enjoy long-term value. This offers an edge over platforms like Ledger and Core Wallet.

Crypto Analysts Praise 1Fuel’s DEX Wallet

There has been a major spotlight over 1Fuel (OFT), especially with its robust DEX wallet. Unlike competitors like Ledger and Core Wallet, which need you to manually manage assets across different blockchains and lack integrated privacy tools, 1Fuel is offering streamlined solutions.

With its one-click process, 1Fuel makes it simple to transfer assets across different blockchains, reducing the risk of failed transactions. This makes it easier for users to navigate the DeFi space. What’s more, 1Fuel provides integrated financial tools like debit and credit cards, P2P exchange, and AI-driven features.

With all of these, 1Fuel OFT is preparing to be one of the best DeFi tokens of 2025, backed by a complete ecosystem for digital asset management.

The Crypto Space Expects Changes with New Altcoin

The crypto space is expected to undergo major changes with the emergence of 1Fuel OFT, especially with its DeFi backing. Investors are now flocking to the presale stage, which allows you to buy the token at its lowest price ever.

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Other articles published on Jan 31, 2025