Shiba Inu (SHIB) and Floki Inu (FLOKI) Holders Turn to 1FUEL (OFT) in Anticipation of 20X Gains

The dog memecoin holders continue to look for short-term gains in other areas as they wait for their primary markets to pick up again.

Shiba Inu (SHIB) and Floki Inu (FLOKI) holders have been battered by the crypto bear market and the diminishing popularity of memecoins. As a result, they have been searching for other coins that can provide them with quick gains.

One coin that has attracted their attention is 1FUEL (OFT). The coin is currently in its presale stage, and SHIB and FLOKI holders are hoping to multiply their initial investment by 20X. But is this move sound, and can 1FUEL really deliver these gains? Let’s take a closer look.

Shiba Inu (SHIB)

Despite SHIB’s struggles to attract new users, the project continues to pursue new developments and partnerships. For example, the top crypto exchange MEXC recently announced support for Shibarium.

However, this development is more likely to benefit the BONE token than SHIB. ShibaSwap also received an upgrade that enhances its liquidity pools, enabling pool migration and importing for more efficient markets.

But the glimmer of hope for SHIB is the impending golden cross, a technical chart formation that usually precedes a strong price rally. On-chain trading patterns also indicate massive accumulation by large investors in preparation for this upward price move.

However, before the golden cross occurs, many Shiba Inu Coin holders will continue to look elsewhere for quicker gains.Floki (FLOKI)

FLOKI has had an active February with several updates on the technological and market fronts. On February 19th, FLOKI holders received a snapshot for the BADAI airdrop. This coin could introduce Agentic AI on-chain, enhancing trading, staking and other activities.

Secondly, FLOKI’s supply was tamed a bit further when BBDogito locked 60 million tokens, valued at around $500,000, in the FlokiFI locker. This move should instill more confidence in FLOKI holders to utilize this dApp, locking tokens and reducing supply to push up the FLOKI price.

The FLOKI price is also close to the lower Bollinger band, suggesting oversold conditions and a possible reversal to the upside. But the adoption of DeFI and NFTs on such platforms is no longer as intense as it used to be. So, as FLOKI holders wait, they will continue to explore other opportunities.

1FUEL (OFT)

1FUEL will launch an exchange and wallet that support ultra-fast cross-chaining trading. The wallet will also simplify dApp usage for SHIB and FLOKI holders as they can now hold and move both coins from the same interface as their other tokens.

1FUEL will also feature AI-powered functions that assist traders with insights on- and off-chain market activity, including coin ETF trading. SHIB holders can now say goodbye to the days of manually searching for the golden cross and other technical chart formations.

1FUEL’s crypto debit card will also facilitate spending SHIB, FLOKI and other tokens at any establishment that accepts bank cards, boosting adoption.

1FUEL’s 20% bonus on all presale purchases is old news by now. The team has something bigger in the works. 1FUEL is aiming to raise $3 million by Sunday, February 23rd (currently at $2.2 million) and has several rewards lined up for those who get the project there.

Conclusion

1FUEL’s bonuses will attract more people to the presale in the short term, but once they realize how much more they can gain, they’ll want to stay. The potential earnings from automated cross-chain trading, staking, airdrops and more will be too enticing.

This is why you should secure cheap 1FUEL tokens and join the whale league before others take them.