Dogecoin Loses Steam; Down 2.65% in 7 Days, New Altcoin 1Fuel Presale Promises 50x Returns

Fresh opportunities always present themselves in the crypto market. Investors who missed out on gems can still catch up. In the last 7 days, Dogecoin (DOGE) has slipped 2.65%. However, there is a new altcoin offering impressive growth potential. As a highly anticipated utility token, 1FUEL's presale is already underway.

Dogecoin (DOGE) price continues to slip after a promising start to the week. It dropped about 2.65% in the past 7 days and currently trades at $0.397. However, a new altcoin, 1FUEL, is grabbing attention with projections of 50x returns in 2025. Here's a closer look at both.

DOGE price loses momentum after a slight surge earlier this week. The meme coin encountered resistance at the $0.42 Fib level and slid down. It trades below the 50-day moving average but on 200-day moving average support.

Hour candles show a flattening upward momentum, and if it doesn't pick up, we could see a bearish turn. The fear and greed index is at 80, indicating overbought conditions, and a correction could be on the cards.

On the downside, immediate support for Dogecoin (DOGE) price is at levels around $0.387227 and $0.381438. It faces resistance at $0.412851 and $0.41864. Breaking past these barriers could see DOGE price pump, but if not, it might continue to slide even further.

However, on the bright side, DOGE's 24-hour trading volume has increased by 21.88% to $3.65 billion. This indicates a lot of activity among traders and investors.

Investors are showing massive interest in the 1Fuel presale, with projections of 50x returns by 2025. It features a privacy-focused crypto wallet that outperforms Metamask or Ledger. It combines cutting-edge features to give it an edge in the market.

This DeFi project allows users to perform multi-chain transactions with a single click and spend crypto like fiat with physical and virtual cards. Moreover, they can store their assets in cold storage and keep their transactions anonymous with a built-in privacy mixer in the underlying layer. Thus, 1FUEL is a top choice for investors seeking large crypto returns.