There is still a lot of activity in the crypto marketplace, a month on from Donald Trump’s landslide election win. With investors hopeful of more favorable legislation, familiar names like Dogecoin and PEPE continue hustling to monetize that momentum with elevated price targets. Analysts, however, have turned their attention to a new kid on the block. Read on to find out why the new secure crypto wallet 1Fuel is making a name for itself as the best cryptocurrency to buy now with an estimated 500% presale returns.
After a price correction, Dogecoin has its sights set on $0.50
If there is one coin that’s mastered the art of turning hype into results, it’s Dogecoin. It has managed to transition from a joke coin into Tesla billionaire Elon Musk’s favorite crypto, simply by capitalizing on social buzz. The self-titled ‘Doge Father’ has undoubtedly helped Dogecoin to its present price level and has played no small part in its $0.50 price target.
After being appointed to Donald Trump’s conveniently titled ‘Department of Government Efficiency’ (DOGE for short), Musk has certainly helped propel Dogecoin’s price action. A recent price correction – which saw Dogecoin dropping more than 5.6% in just 24 hours on 10 December – seems to have settled, leaving Dogecoin trading not too far off its $0.50 target.
At the time of writing, Dogecoin is trading at $0.41. Considering it has rallied from its $0.13 standing on the 23rd of October, there’s not all that much ground to make up to smash through the $0.50 target.
The ’Musk factor’ aside, Dogecoin is also benefiting from wider interest in the crypto market. Of course, it isn’t unique to feeling the positive fallout from that buzz. The secure crypto wallet 1FUEL is also riding a monumental wave of support with analysts selecting this rising altcoin as the best cryptocurrency to buy now.
Is PEPE about to move higher after a 250% rally?
10 December was the biggest single day of liquidation seen so far in the current bull cycle, with $1.71 billion liquidated. That might not have caused much of a ripple for PEPE, however. The altcoin achieved a new all-time high of $0.0000284 on 09 December with a 250% rally.
PEPE is building bullish momentum with gains of around 77% in the last month and a market cap that now sits at $9.76 billion. However, PEPE investors will know that this meme coin is traditionally fairly volatile as standard, so it’s hard to say which way its current trajectory will break.
PEPE’s next price target is $0.00003500, however, analysts suggest PEPE prices could also fall as low as $0.00001768 if support fades.
One altcoin not concerned about its momentum fading is 1FUEL. The secure crypto wallet is winning over PEPE whales in search of a more dynamic investment option with its one-click, cross-chain transactions and white hot presale.
The rising altcoin throwing shade on Dogecoin and PEPE
Dogecoin might have had its day in the sun with Doge Father Elon Musk’s appointment to the Trump administration, but rising altcoin 1FUEL is also throwing shade. The secure crypto wallet successfully marries exceptional privacy and security features – including temporary wallets, an in-built privacy mixer, and advanced-meets-accessible cold storage – with a truly unique concept.
1Fuel’s one-click, cross-chain transaction technology is a game changer that’s set to revolutionize and democratize access to blockchain technology. Unlike other digital wallets that require users to juggle multiple coins and handle multiple fees and exchange rates, 1FUEL manages the whole process seamlessly. After a coin or token selection is made, it takes care of the complexity of the transaction in the background, creating unprecedented opportunities for use that other altcoins simply can’t match.
By not presuming or requiring crypto literacy, 1FUEL’s unparalleled ease of use makes it the most accessible digital wallet available today.
Discover the rising altcoin set to revolutionize blockchain technology
While Dogecoin and PEPE rely on hype and social buzz to push up prices, 1FUEL has the utility and technology to power widespread adoption. Its presale is happening right now and you can be a part of it. Don’t miss your chance to buy at the lowest possible price. Join the presale now.
Learn more about 1FUEL. Click on the links below:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
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