Cardano (ADA) and Helium (HNT) Fail to Impress as Investors Shift Focus to High-Yield Projects like 1Fuel

The crypto market is full of surprises, just when the experts thought that the altcoins were due for a surge, Cardano and Helium failed to gain bullish momentum.

The crypto market is known for its surprises, and just when experts predicted a surge in altcoins, Cardano and Helium failed to gain bullish momentum. As a result, investors are shifting their focus toward high-yield projects like 1Fuel.

While Cardano's price hovered around $0.78 with a slight increase from last week, Helium faced significant resistance with a 9% plunge from last week's price. However, as the market continues to unfold, experts are highlighting 1Fuel's potential for 100x gains and 40% bonuses. Here's a closer look at these developments.

Cardano (ADA) fails to rally despite ETF filing

Cardano has remained a key player in the altcoin market, and its recent price movements have been closely watched by investors. As of February 20th, ADA's price hovered around the $0.78 mark, indicating a slight increase from its price last week. However, despite the uptick in price, experts remained concerned about the altcoin's future price movements.

According to recent Grayscale filings, the SEC has received a new application for a spot Cardano exchange-traded fund (ETF) to be listed on the New York Stock Exchange (NYSE) Arca. This Grayscale application follows a previous filing for a Metaverse ETF and could be a significant development for Cardano enthusiasts.

Moreover, a recent proposal in the Cardano community aims to slash taxes on ADA from 20% to 10%, sparking optimism among investors. However, ADA's Bollinger bands on February 17th indicated strong short-term resistance, while the weekly CCI 14 and MA 20 levels pointed toward continued bearish movement.

Helium (HNT) plummets amidst legal scrutiny

Released in 2013, Helium quickly gained traction in the crypto market due to its innovative features and enticing perks. However, the altcoin is facing significant resistance right now. As of February 20th, the HNT token's price was oscillating around the $3.6 mark, plummeting by over 9% from last week's price.

Experts largely attribute this downtrend in Helium's price to fading investor confidence following the SEC's decision to sue Nova Labs, the creator of Helium Network, over unregistered digital asset offerings. However, despite the bearish price movement, some believe the altcoin could still recover in the future.

Recently, Helium Mobile launched the first free 5G phone plan in the US, which might boost positive sentiment around it. Notably, HNT's Bollinger bands indicated a possible price breakout, and the weekly CCI 14 and MA 20 levels signaled a potential trend reversal from bearish to bullish.

1Fuel (OFT) stuns by offering up to 40% bonuses and 100x gains

Launched in 2023, 1Fuel is a cutting-edge Web3 wallet and infrastructure platform designed to enhance user experiences in the crypto world. 1Fuel's goal is to democratize access to institutional trading by introducing a decentralized P2P exchange within its ecosystem.

This decentralized exchange will allow users to trade multiple assets like crypto, forex, or ETFs with other users in just a few clicks. 1Fuel aims to provide a seamless and secure platform for traders to quickly integrate into the Web3 domain.

1Fuel believes in transparency and world-class security, which is why it's rolling out a cold storage wallet with proactive risk management for its users. This highly secure wallet will use military-grade encryption to safeguard user assets.

With 1Fuel's 1Wallet Beta launch edging closer, investors stand to benefit from up to 100x gains. If 1Fuel hits the $3 million target by February 23rd, investors will get a 20% bonus on all past purchases and a 40% bonus between February 17th and 23rd.

Moreover, 1Fuel investors who contributed $2,000+ will get exclusive access to the 1Fuel Wallet. This Web3 wallet will serve as a gateway to the platform's full capabilities, including fiat on-ramp, NFT minting, and multi-chain support.

Final Thoughts

As Cardano's price dwindles and Helium demonstrates bearish signals, investors are placing bets on 1Fuel to surge and become the hottest crypto of 2025. With the 23rd February deadline edging closer, experts believe this could be the last chance to benefit from over 100x gains and 40% bonuses before the OFT token explodes.

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_