The broader cryptocurrency market has recently recovered, as promises of a more accommodating regulatory environment in the U.S. have made it more active. Bitcoin (BTC) has reached $100,000, and other altcoins have risen.
Chainlink and Shiba Inu achieved significant gains as one of the top crypto presales of 2024. However, a new privacy-focused token is on track to outperform both LINK and SHIB. This new altcoin is none other than 1Fuel. Let's see why you should include these tokens in your portfolio.
Chainlink flips key resistance level; Hits $25
Chainlink (LINK) price has rallied 7.22% in the last 24 hours (at the time of writing), reaching $24.96. With this move, it is just 10% away from its three-year peak in January 2022.
The protocol’s integration with SWIFT has enhanced its appeal, increasing investor confidence in its future potential.
Chainlink's recent pricing gain directly coincides with increased whale activity on their network. Whale activity rose by 1,219%, coinciding with the 31% price gain.
With this rush of activity, LINK's price increased by 31%, temporarily hitting $25.12. Although the price has risen, it has since cooled off. Notably, little retail FOMO is priced into the gain. This suggests that further price rallies could be on the cards in the long term.
Shiba Inu gains 75%; Shib Army looks forward to Christmas giveaway
Contrary to the trend in the memecoin segment of the market, Shiba Inu’s price jumped over 75%. It currently sits at $0.00003191 (at the time of writing). While other memecoins tanked as investors reallocated their capital, SHIB’s price kept going strong. Analysts see this as a good indication of SHIB's future.
Moreover, Shiba Inu giveaways attract a lot of attention. The upcoming Christmas giveaway is something the Shib army should look forward to. This may result in significantly increased interest in SHIB by the end of the year. This will increase the price of Shiba Inu even more.
Looking at on-chain data, we see another positive signal: the net flow of SHIB into the wallets of major holders reached 708.93 billion tokens.
As a result, SHIB is expecting a very successful bull season in 2025.
However, a new privacy-focused next-gen crypto wallet is on its way to replacing both LINK and SHIB.
Why Whales are Accumulating 1FUEL
Whale activity is usually a good signal for price action as the volume of their trades is significant in moving the token price. Whales are quietly accumulating 1Fuel tokens in anticipation of 500X returns.
In providing answers to some of blockchain’s most pressing problems, 1FUEL, a new altcoin, distinguishes itself as one of the top crypto presales of 2024. It is more than just a crypto wallet; it is a comprehensive solution for easy and safe digital asset management. It allows for seamless cross-chain transactions with just a click.
Cold storage provides unmatched security
One unique feature of 1FUEL is cold storage. Cold storage implies that your funds are always offline, and hackers have no chance, unlike hot wallets, which are constantly online and open to hacking.
This has gained the attention of whales interested in additional security, particularly in light of high-profile cryptocurrency hacks and data breaches. Assets are secured with a combination of crypto wallet technology and fully integrated cold storage within the wallet.
Privacy is at its heart.
In a world where privacy breaches are common, privacy is a major priority; 1FUEL delivers a privacy mixer. The privacy mixer will make all transactions fully anonymous, ensuring that both parties have complete privacy over sensitive information.
Rewards earned by staking
Aside from privacy and security, there is one more compelling reason to invest: staking perks. Investors may stake their tokens in exchange for an APR of up to 30%. Your cryptocurrency is a reliable stream of income, giving you money just for storing tokens in your wallet.
This makes 1FUEL a secure storage and innovative choice for long-term investors who are not willing to engage in regular trading.
You do not have to be concerned about using many wallets or complicating your trades. The sooner we can manage gas costs, the better, and 1FUEL does this in the background. Simply choose the token and blockchain and let the platform handle the rest.
Conclusion
1FUEL is the future of private and low-cost transactions that are both secure and convenient. 1FUEL’s innovative offering positions it to outshine Link and Shiba Inu. At $0.01, the presale is the greatest chance to get into the next revolution in crypto wallets at the lowest possible price.
Join in the action and watch out for possible 500X returns.
Discover More About 1FUEL:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Top crypto presales of 2024
