SHIB and WIF Face Market Slump as 1FUEL Presale Skyrockets to $2.2M

This year is off to a not-so-good start for dog memecoin holders. Nearly every Shiba Inu price prediction points to a coming slump while dogwifhat (WIF) remains trending downward.

This year has started on a sour note for dog memecoin holders. Most Shiba Inu price predictions indicate an upcoming decline, while dogwifhat (WIF) continues to trend downwards. Meanwhile, 1FUEL‘s presale has skyrocketed to $2.2 million in just a few weeks. So, let’s understand why these coins are behaving this way and how to profit from these trends.

Shiba Inu (SHIB): The number-two memecoin in the blockchain sphere

Like many other dog memecoins, SHIB is having a hard time partly because of a new class of memecoins. Coins like TRUMP are tied to real people with fleshed-out stories and political leanings. So, they get people talking and appeal to many people’s beliefs, whether you love or hate them.

Secondly, SHIB now has to face the reality that memecoins need an ecosystem that caters deeply to them. A memecoin may struggle without a few launchpads, leaderboards and other tools that display profiles, report progress, handle purchases and more.

Thirdly, SHIB could continue to struggle partly because of the growing hostility towards memecoin scams. The recent LIBRA rug pull tied to the Argentinian president has left many investors bitter. There are even rumors that the same groups are running some of these pump-and-dump memecoin schemes and carefully orchestrating them to scam retail investors.

This negative press could rub off on SHIB even though it isn’t part of the Solana memecoin craze where these sentiments are coming from. Any Shiba Inu price prediction should also factor in the long-term milestones the project’s partnerships have to hit before significantly moving the SHIB price.

Lastly, incorporating BONE, TREAT and LEASH into Shiba Inu tokenomics has brought more confusion regarding SHIB’s role and how holders benefit. So, even if Shibarium and ShibaSwap make gains in transaction activity, that’s not guaranteed to reflect strongly in the SHIB price.

dogwifhat (WIF): A simmering memecoin sensation

Currently, the WIF token is mainly used to tip content creators. Speculative trading makes up the majority of the activity around it. While many other memecoins declined steadily in the past month, WIF is still down with no real recovery in sight. For a coin that’s only a year old, there are growing concerns that such price action could leave WIF in the memecoin graveyard.

Another reason for WIF’s struggles is news about the level of whale influence on its market. For instance, a whale named “EvSTe†recently sold 3.421 million WIF tokens, which caused a significant price slide. The small-cap nature of such young markets continues to scare many away when they see what such moves can do to the price.

1FUEL (OFT): A coming revolution in DEX trading

1FUEL is set to benefit from the renewed demand for utility tokens as SHIB and WIF holders view its cross-chain trading capabilities as a relevant development. This exchange and wallet project will also make it easier for active traders to swap tokens and get in and out of markets on different chains quickly.

More importantly, 1FUEL’s crypto Credit and Debit card will enable them to spend their earnings instantly wherever typical bank cards are allowed. When liquidity for small caps is low, these traders will be able to utilize P2P exchange functions to get good rates directly from individual traders.

Why you should join the 1FUEL presale

The 1FUEL presale has reached stage four, with the price steadily rising to $0.018 per token. Everyone can get a sizable stash, encouraging equitable development and market protection with a 20% bonus available for all participants.

Conclusion: Will 1FUEL continue outperforming SHIB and WIF?

1FUEL isn’t tied to a coin category facing negative press for unfair market practices. This project will also be part of the DEX and wallet category, which are fundamental to blockchain finance. Therefore, 1FUEL doesn’t need a launchpad or some other forum to propel it to success. This is why you should secure tons of cheap 1FUEL presale tokens and enjoy upward price action immune to negative market news cycles.

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