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Cryptocurrency News Articles

VeChain and Polygon Suffer Significant Declines, While Emerging Platform 1Fuel (OFT) Gains Momentum

Feb 24, 2025 at 08:15 pm

VeChain and Polygon have suffered a significant decline, with both cryptocurrencies losing over 30% within the last month. This has caused investors to seek out emerging platforms like 1Fuel (OFT), which boasts better utility and higher returns.

VeChain and Polygon Suffer Significant Declines, While Emerging Platform 1Fuel (OFT) Gains Momentum

Both VeChain (VET) and Polygon (ex-MATIC) have experienced a significant decline in value over the last month, losing over 30% each. This bearish trend has prompted investors to seek out promising emerging platforms, such as 1Fuel (OFT), which boasts better utility and higher returns.

As a result, traders and investors are flocking to 1Fuel's presale, speculating on whether it could be the best crypto to buy now, especially considering experts are projecting up to 100x price growth for OFT by 2025.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

VeChain’s price prediction looks promising despite bearish performance

VeChain (VET) has been on a downward market spiral, losing 4.26% within 24 hours and trading at $0.03061. It declined by 9.26% over the previous seven days. Even worse, it lost 36.19% last month.

However, significant developments have seen Co-founder Sunny Lu outline an ambitious roadmap for 2025, focusing on three major components: technological advancements, ecosystem expansion, and real-world adoption. This strategic plan positions VeChain as a market-leading blockchain solution.

Despite struggling with bearish trends, analysts predict an upward rise for VeChain. The crypto is expected to start the second quarter of the year with a potential increase to as high as $ 0.080713, which marks a 152% change compared to its current price.

Polygon token migrates from MATIC to POL in a significant ecosystem development

Polygon (ex-MATIC) also suffered a substantial market loss. It trades at $0.2854, down 4.13% from a 24-hour high. It also lost 12.61% last week and 33.98% within the previous thirty days.

The development of Polygon's (ex-MATIC) ecosystem is remarkable. Notably, in September 2024, the network started a token migration from MATIC to POL as it upgraded to Polygon 2.0. This upgrade offers scalability and introduces zero-knowledge (ZK) technology to the platform.

Polygon Labs also bought Toposware, a leading ZK engineering startup, to advance its ZK technology capabilities.

Analysts predict a Polygon rebound. Polygon is expected to hit a high of $2 and over 600% returns by the end of 2025.

1Fuel: The winning super-fast tech platform

While cryptocurrencies like VeChain and Polygon continue to battle bearish trends, emerging platforms like 1Fuel (OFT) are gaining momentum. Investors are leveraging the project’s ongoing presales, positioning it as the best crypto to buy now.

1Fuel (OFT) is transforming the cryptocurrency landscape with its unique set of features designed to improve user experience and security. Its distinctive attribute is its one-click cross-chain transaction process for moving assets across several blockchains. This innovation eliminates the role of multiple wallets or intermediaries in handling digital assets.

1Fuel also offers a decentralized peer-to-peer (P2P) feature. It enables users to exchange assets directly with one another without making use of central marketplaces for a reasonable fee. This method ensures autonomy and security during transactions.

Likewise, privacy is a crucial value in the 1Fuel ecosystem. The platform features advanced privacy properties, such as an inbuilt mixer that blends users’ transactions with others. This prevents the unwanted monitoring of traders’ financial activities.

Furthermore, 1Fuel utilizes artificial intelligence to optimize cryptocurrency management procedures. Its AI-powered features help users optimize their portfolios, execute smart trades, and simplify tax reporting. Analyzing market conditions, the AI proposes tailored strategies to maximize returns with minimum effort.

For all traders concerned about asset security, 1Fuel offers military-grade cold storage space. Its offline nature protects holdings from internet threats, assuring users of the safety of their investments.

1Fuel is in its presale phase at $0.018 per token. The platform has raised more than $2 million with over 200 million tokens already sold, positioning it as a worthy competition for traditional blockchain networks.

For more information about 1Fuel presale, visit the links below:

Website: https://1fuel.io/

Telegram: https://t.me/Portal_1Fuel

Twitter/X – https://x.com/1Fuel

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