Bitcoin’s rally to within a hair’s breadth of $100,000 has set the stage for other coins to follow suit. Taking full advantage of this investor frenzy, Shiba Inu (SHIB), Dogecoin, and the new challenger, 1FUEL are all set to soar to exciting new heights.
With its presale happening now, 1FUEL is emerging as one of the best cryptocurrencies to buy in 2024 with returns of over 500% for early investors. Read on for a deep dive into the factors set to push the trio of Shiba Inu, Dogecoin, and 1Fuel to new heights.
Do increased trading volumes make Shiba Inu the best cryptocurrency to buy now?
Shiba Inu is running red hot right now, with numbers showing that it’s gaining serious momentum during the bull market. Shytoshi Kusama, who is Shiba Inu’s lead developer, took to X to share some strong figures that prove SHIB is scaling new heights.
Kusama’s figures show a 274.7% increase in the last year – and a 77.9% gain recorded in the last 30 days. This tells us that Shiba Inu’s surge coincides with the overall uptick in crypto in the aftermath of Donald Trump’s election win.
Perhaps more interesting is the figures show the push higher isn’t slowing. The last 14 days have seen a 14.8% increase and a 16.8% gain in the last seven days (at time of writing).
One of the factors driving the Shiba Ibu breakout is greater trading volumes. They’ve spiked as we move from the November bull run into December. According to a post shared on X by Shiba Inu developer Kaald Hairya on 01 December, Shiba Inu hit a $7 billion + trading volume in the last 24 hours (at time of writing).
This greater momentum and activity, coupled with the price performance, leads analysts to believe that a price breakout is imminent. Noted trader and investor, $SHIB Knight has called for a 42.6% breakout to $0.000037, while crypto trader and educator Nebraskan Gooner also says he expects a Shiba Inu price breakout to happen imminently.
SHIB isn’t the only token that’s emitting all the right signals. The new kid on the block, 1FUEL is also exciting experts with its presale, happening now. With expected returns of 100X upon its public launch, it is already giving Shiba Inu and Dogecoin a run for their money as the best cryptocurrency to buy now.
Elon Musk’s political power play could trigger a Dogecoin rally as interest in digital assets soars
In the immediate aftermath of the US election, Dogecoin’s value spiked by as much as 250%. There’s no doubt that Dogecoin is benefitting from a renewed interest in digital assets – but it also is benefiting from a social and political shift. Dogecoin is being particularly boosted by the growing expectation that the Trump administration will usher in more favorable legislation for digital assets like cryptocurrency.
Key to that is the appointment of Elon Musk to the new U.S. Department of Government Efficiency (DOGE). That connection is invaluable to Dogecoin and helps to propel it to new heights. Some analysts say that it could reach $10 – an increase of 2,233%.
1FUEL’s game-changing crypto wallet, which features a one-click solution, is also set to hit new highs as its presale gets underway.
How has 1FUEL cemented its place as one of the top crypto presales 2024?
1FUEL is a top contender for the number one slot on the top crypto presales 2024 league table. It’s breaking out with presale returns of more than 500% predicted – with analysts also calling for 100X returns during the public launch. The key factor fuelling this breakout is 1FUEL’s innovative one-click, cross-chain transactions.
1FUEL’s game-changing approach cuts extra network fees and removes the complexity associated with juggling multiple digital wallets. It’s user-friendly, smart, automated technology that provides a superior user experience – and comes with some heft privacy and safety credentials, too.
The 1FUEL presale is happening now. This is your chance to be a part of the next breakout cryptocurrency and experience its revolutionary cryptocurrency wallet firsthand. Don’t miss out. Get your 1FUEL tokens at the lowest price during the presale.
Discover More About 1FUEL:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
X: https://x.com/1fuel_?s=21
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