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Cryptocurrency News Articles

Shiba Inu and Pepe Crash as 1FUEL Emerges as the Best Cryptocurrency to Buy Now

Feb 04, 2025 at 10:39 am

February has started out as a bloodbath in crypto space, with billions of dollars wiped out after investors got spooked by President Trump’s new trade tariffs.

Shiba Inu and Pepe Crash as 1FUEL Emerges as the Best Cryptocurrency to Buy Now

February has started out as a bloodbath in crypto space, with billions of dollars wiped out after investors got spooked by President Trump’s new trade tariffs. Meme coins have sustained some of the worst losses, with Shiba Inu and Pepe both falling sharply. Their deep losses have erased months of progress in just 24 hours, leaving investors to figure out where to look next to bolster their portfolios.

With its decentralized peer-to-peer exchange (P2P), one-click, cross-chain crypto transactions and endless real world potential, 1FUEL is fast emerging as the best cryptocurrency to buy now. Read on to discover why it could be a portfolio lifeline, with projected returns of 500% and 100x growth expected when it launches to the public in a few months’ time.

Shiba Inu sustains double-digit losses

In the early hours of Monday morning, Shiba Inu crashed to losses of more than 4% as investors moved fast to sell off their Shiba Inu coins. Investors wary of a new trade war took a fast flight to safety with Shiba Inu one of the early casualties. Shiba Inu investors weren’t alone in selling off SHIB tokens, with Pepe also facing substantial losses.

The Shiba Inu technical analysis also makes for painful reading. Its relative strength index value of 24.94 is deep in bear territory, signalling additional losses could well be on the cards. The Shiba Inu burn rate has also dropped by 97.77%. With prices now trading around $0.000016, Shiba Inu is currently 82% below its all-time high.

Investors seeking a new addition to their portfolio to counteract the decline of meme coins like Shib and Pepe are turning towards 1FUEL. The privacy-focused cryptocurrency has welcomed an influx of big buy whales, won over by its enormous 100x potential and expectation that it could be 10x in a matter of weeks.

Pepe sinks to major loss – can it recover?

The last few days have been brutal for Pepe – it has crashed to a 9% loss with over 1 trillion tokens moved to exchanges. This includes transfers from big-ticket investors, with one transaction alone seeing $6.3 million worth of Pepe tokens moved to the Binance exchange. Another notable example is of a whale liquidating $4.9 million worth of Pepe, forcing prices down further.

The crash comes just ahead of Pepe’s first halving event, which takes place on 04 February. This could redress some of the supply imbalance and help Pepe recover when the wider market conditions improve.

1FUEL: the new exchange with projected 500%+ returns

Investors searching for an immediate feel-good factor after the gruelling last few days are flocking to 1FUEL. The new exchange and privacy focused cryptocurrency that has carved out a name for itself as the best cryptocurrency to buy now.

1FUEL’s decentralized P2P exchange and one-click, cross chain crypto transactions are digital asset management game changers and provide a solid foundation for growth as the presale gears up for its fourth phase. 1FUEL is the only wallet that users need, and makes light work of cross-chain transactions, making it easy for users to safely and securely trade assets while minimizing fees and heightening privacy.

Join the presale

The 1FUEL cryptocurrency presale is happening now with phase four set to begin within days. Don’t wait for prices to rise. Buy at the cheapest price now to maximise your portfolio’s potential.

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

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Feb 04, 2025