Amid the Price Recovery in the General Crypto Market, Dogecoin (DOGE) and Sui (SUI) Have Been Experiencing a Surge in Their Trading Volumes, Suggesting There Could Be a Reason the Whales Are Buying the Dip

In the middle of a bearish market, the 1Fuel presale has been experiencing a constant boost. Currently in stage 4, 1Fuel has sold a whopping 218 million tokens

1Fuel presale sells over 200 million tokens, emerging as a top crypto to watch in 2023

Both SUI and DOGE prices are still in the red zone, though, so investors are anticipating a potential breakout after the recent development.

Here’s why investors are buying 1Fuel, DOGE, and SUI in high volumes

As the general crypto market experiences a price recovery, Dogecoin (CRYPTO: DOGE) and Sui (CRYPTO: SUI) have been experiencing a surge in their trading volumes, suggesting there could be a reason the whales are buying the dip.

Both SUI and DOGE prices are still in the red zone, though, so investors are anticipating a potential breakout after the recent development.

Meanwhile, the 1Fuel (OFT) presale keeps going strong in stage four, crossing the $2.3 million mark in its ICO raise. Investors are also purchasing 1Fuel in high numbers. Let’s find out why the new crypto excites them like DOGE and SUI.

1Fuel sells over 200 million tokens in stage 4

In the middle of a bearish market, the 1Fuel presale has been experiencing a constant boost. Currently in stage 4, 1Fuel has sold a whopping 218 million tokens, taking the total presale raise to over $2.3 million in just a few weeks. The presale speed has caused analysts to describe 1Fuel as the next crypto to explode in 2025.

That’s partly because the earliest investors have already locked in about 80% gains since the presale began, with even bigger profits expected as the project expands and launches on top crypto exchanges.

Additionally, the 1Fuel project is attracting investors with its exciting use cases that proffer solutions to some of the biggest challenges in the decentralized finance (DeFi) space. For instance, the 1Fuel Exchange offers DeFi traders a decentralized trading platform that supports cross-chain transactions with just a single click and wallet.

Those looking for faster and cheaper transactions can also leverage the P2P exchange within the 1Fuel ecosystem to exchange assets directly with other traders and eliminate middlemen. DeFi investors can equally earn passive income by staking their OFT tokens for up to 30% APY.

DOGE trading volume surges by over 80%

The DOGE trading volume has increased by over 80% in the past 24 hours alone, causing analysts to suggest that a breakout in the Dogecoin price could be imminent. Based on the meme coin’s on-chain activities, it is safe to say that DOGE whales are buying the dip in significant volumes.

However, the 12% decline in the Dogecoin price in the past week calls for caution. That’s why uncertainty still looms among investors, as the current market conditions do not reflect a potential surge in the DOGE price. Still, there’s a level of optimism among another section of DOGE investors who are convinced the coin may be on its way out of the red zone.

SUI remains in the red zone despite increased demand

The SUI token has also been garnering huge attention in the crypto market lately. In the last 24 hours, the SUI trading volume has surged by over 3%, suggesting massive whale activity.

Still, the SUI price is still in the red, down by approximately 30% in the past month. This has created a level of uncertainty within the SUI ecosystem despite the positive SUI price prediction.

Conclusion

DOGE, SUI, and OFT have seen increased demand in their tokens in recent days. However, only 1Fuel has been on a constant increase and reflected the whale activity within its ecosystem.

That’s why experts believe now could be the best time to buy 1Fuel and take advantage of its low $0.018 price before it 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